The Millionaire Choice Podcast with Tony Bradshaw
Welcome to The Millionaire Choice Podcast where Tony Bradshaw talks to millionaires and future millionaires about how to build wealth and what to do with it once you have it because wealth has a purpose.
Tony is the author of The Millionaire Choice: Millionaire or Not. You Can Choose. Tony is a former engineer turned technologist and business executive. He's worked for one of the top financial education brands where he led their online business, technology, and strategy.
We're here to help you learn how to make, manage, and multiply your money with a purpose. We believe anyone can become a millionaire. Why not you?
Make the choice. Create your plan.
The Millionaire Choice Podcast with Tony Bradshaw
EP132: The Psychology and Emotions of Building Wealth | Gary Sinderbrand | CEO, ArcheMatch
In this episode of the Millionaire Choice Show, host Tony Bradshaw speaks with financial advisor Gary Sinderbrand about the importance of choosing a good financial advisor, understanding emotional biases in investing, and setting clear financial goals. They discuss the role of 401(k) plans, the psychology of investing, and the significance of personal responsibility in financial decisions. Gary shares valuable insights and personal anecdotes to help future millionaires navigate their financial journeys effectively.
TAKEAWAYS
- Choosing a financial advisor is crucial for success.
- Emotional biases can lead to poor investment decisions.
- Setting clear financial goals is essential for planning.
- Communication in relationships about finances is key.
- 401(k) plans require careful selection of investments.
- Investors should be aware of their risk tolerance.
- Understanding market behavior can prevent losses.
- Investing is a long-term commitment, not a quick win.
- Education about personal finance is vital for everyone.
- Consistency and discipline are critical in investing.
KEY INSIGHTS
"A wish is not a goal." Set real achievable goals.
"Stay consistent, stop doom scrolling." Consistency over time is a key to building wealth.
"Don't listen to investing tips." Building real wealth consistently follows repeatable principles of investing...not tips.
EPISODE SEGMENTS
00:00 Introduction to Financial Wisdom
01:58 The Importance of Choosing a Good Financial Advisor
05:07 Understanding Emotional Biases in Investing
09:49 Setting Clear Financial Goals
14:50 Navigating Financial Decisions in Relationships
19:57 The Role of 401(k) Plans and Investment Choices
24:49 The Psychology of Investing and Market Behavior
29:58 Parting Wisdom for Future Millionaires
Is money slipping through your fingers? Are you missing your opportunity to become a millionaire? Welcome to The Millionaire Choice. Where we talk to millionaires and future millionaires about how to build wealth and what to do with it once you have it.
Here’s your host Tony Bradshaw. He made his choice and created his millionaire plan at age 25. Now it’s your turn. Visit tonybradshaw.com and GET MONEY SMART.
Have you ever wondered why the school system never taught you how important gold and silver are to your financial freedom? Well… let me tell you why.
Because the more you learn about and understand money, the more freedom you have. Gold and silver—they’ve been real money and real wealth for over 3,000 years.
Go to GetMoneySmart.co. You’ll find some of the top books on money and wealth, financial videos, and how to join the Get Money Smart Club and 7K Metals.
If you enjoy the show, please review and subscribe!
And remember, if you want to be good with money, you need to study money. You need to GET MONEY SMART, and give your money a purpose. Enjoy life. Help others. Serve God.
Review, Subscribe & Share The Millionaire Choice Podcast – Help the World Get Money Smart!
💰 Discover Real Money and Real Wealth. Gold and Silver.
getmoneysmart.co
🧠 Get Money Smart – Join the Community:
facebook.com/groups/getmoneysmart
📈 Transform Your Life, Money & Business with 1on1 or Group Coaching:
tonybradshaw.com