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Episode Description
What are the biggest financial planning mistakes you might be making?
Tune into this episode of One Path to Wealth, where Jeremy Dicker and co-host Peter Hoopis explore some of the most common pitfalls in financial planning that many of us unknowingly stumble into. Jeremy shares his extensive experience in wealth management, emphasizing the importance of building a well-diversified portfolio and why past performance is not a reliable predictor of future success. Peter and Jeremy also explore the emotional rollercoaster of investing, underscoring the significance of staying calm and sticking to long-term goals rather than making emotional decisions.
Jeremy and Peter discuss:
- (02:00) Why past performance isn’t a predictor of future success
- (04:54) The emotional rollercoaster of buying high and selling low
- (07:46) The significance of risk assessment and precise portfolio allocation
- (10:28) The myths and necessities of estate planning
- (14:54) The hidden costs of not having adequate insurance coverage
- (19:12) The role of taxes in your personal financial plan
- (24:17) The difference between gambling on stocks and investing in them
- And more
Join us for an engaging conversation filled with practical insights and laugh-worthy dialogue about common financial mistakes and how you can avoid them.
Connect with Jeremy Dicker and Peter Hoopis: