Updates, Clarifications and Anchoring Bias

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Recorded28 Oct 2019

Publisherrss.libsyn.com ↗

Handlerec:18654491

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Hello, and welcome to this episode of 20/20 Money! In today's episode, I spend the first part clarifying and expounding upon two previous shows and topics that we've discussed and then finish it up by talking about a relevant topic that has come up both in my personal life as well as with a number of clients over the past couple of weeks. The first part dives into a few more clarifying points about disability insurance that was shared with me by a listener of the show and the second topic provides some clarification around the net investment income tax as it relates to the sale of a practice. I wrap it up by talking about something called anchoring bias, what it is, and how you can identify if it's something that's influencing your own decision making in your personal and/or professional lives. It's getting to be that time of year where year-end discussions should be taking place with your team of advisors to understand the current state of your financials which can also help guide any end-of-year decisions that not only impact 2019 but also potentially impact 2020. If you're interested in learning about those conversations we're having with our ODs, don't hesitate to head to integratedpwm.com and schedule a no-obligation 15min Pre-Discovery conversation to learn more. And with that introduction, I hope you enjoy this episode of 20/20 Money. https://www.linkedin.com/in/craig-goldslager —————————————————————————————————— Please rate and subscribe to 20/20 Money on these platforms Apple Podcasts Spotify Google Play Stitcher —————————————————————————————————— For past episodes of 20/20 Money with full companion show notes, please check out our episode archive here!

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