Will Allen

[Will Allen @smartmoneywill]

AI can complete part of a repeated process and pause before the consequences begin. A person can approve the work, check the facts and decide what happens next.

[Will Allen @smartmoneywill]

When two funds sound different, compare their largest holdings and the weight of each one. The overlap may be doing more work than either fund name suggests.

[Will Allen @smartmoneywill]

When owning a bunch of mutual funds and ETFs you need to know the holdings and their weights. This will tell you how diversified the money inside them really is.

[Will Allen @smartmoneywill]

Three funds can hold hundreds of companies and still repeat many of the same largest positions.

[Will Allen @smartmoneywill]

An SOP is the answer to one practical question: If a new person started tomorrow, how would you teach them to do the task?

[Will Allen @smartmoneywill]

I thought the AI was still working. It had asked me a question a few minutes earlier. I missed it because I was busy starting three more chats.

[Will Allen @smartmoneywill]

Calling a bond “conservative” skips the useful questions. Interest-rate risk, credit risk and time to maturity can each change how that bond behaves.

[Will Allen @smartmoneywill]

Four AI chats felt like four times the productivity until I looked closer. I had four tasks sitting at 80% and nothing finished.

[Will Allen @smartmoneywill]

AI makes starting so easy that opening a new chat can feel like progress. The work still gets its value when something useful crosses the finish line.

[Will Allen @smartmoneywill]

A bond can produce income inside a taxable account even when you do not need the cash. The income, tax cost and role in the plan belong in the same conversation.

[Will Allen @smartmoneywill]

“It lowers risk” is an incomplete job description for a bond. Income, stability, a future expense and lower volatility are four different jobs.

[Will Allen @smartmoneywill]

Couldn't be more spot on

[Alex Hormozi @AlexHormozi]

You can tell how rich someone is by how they use “loans” & what they buy w them.

Poor people use “debt” to buy stuff that has zero value.

Normal people use “financing” to buy stuff that goes down in value.

Wealthy people use “leverage” to buy more stuff that goes up.

[Will Allen @smartmoneywill]

Before I start a task, I am trying to ask one question: What does this move forward? If I have to talk myself into the answer, it can probably wait.

[Will Allen @smartmoneywill]

One useful question for any financial professional: Will you coordinate with the other people on my team and keep me in the loop?

[Will Allen @smartmoneywill]

AI can give you a financial answer that's so clear and confident. It'll be 100% wrong sometimes, missing things like your cash flow, taxes, risk or family. The missing context is usually where the real decision lives.

[Will Allen @smartmoneywill]

AI lowers the effort required to start almost any task. Be careful because that makes it very good at helping you get distracted from the thing that actually matters.

[Will Allen @smartmoneywill]

Because of AI, I can spend an entire morning improving my business and avoid the one thing it needs most.

[Will Allen @smartmoneywill]

Credentials don't really matter. It just shows that someone took a course or passed a test. It can't show whether that person will listen, understand your situation or work with the rest of your financial team.

[Will Allen @smartmoneywill]

A CPA, estate attorney, insurance professional and financial advisor can all be good at their jobs and still hold different pieces of your financial life. Make sure they're coordinating with each other.

[Will Allen @smartmoneywill]

A workflow built inside the client's own tools is easier to inspect, own and hand over. A demo in somebody else's account proves much less.