Are You Playing Financial Chess, Roulette, or Poker?

<p>Is it luck or analytics that drives your financial decisions? Or is it a little of both? Let’s take a look at some planning topics and determine whether we’re playing chess (analytical), roulette (complete luck), or poker (both) with our money.</p> <p> </p> <p><strong>Read more and get additional financial resources here:</strong> <a href= "https://johnsonbrunetti.com/are-you-playing-financial-chess-roulette-or-poker/"> https://johnsonbrunetti.com/are-you-playing-financial-chess-roulette-or-poker/</a> </p> <p> </p> <p><strong>What we discuss on this show: </strong></p> <p><strong>1</strong><strong>:</strong><strong>54</strong> – The difference between these three games.</p> <p><strong>2</strong><strong>:</strong><strong>54</strong> – Timing the Market</p> <p><strong>4</strong><strong>:</strong><strong>03</strong> – Deciding how much to convert from an IRA to a Roth IRA</p> <p><strong>6</strong><strong>:</strong><strong>35</strong> – Picking a retirement date</p> <p><strong>7</strong><strong>:</strong><strong>11</strong> – Choosing the right pension option</p> <p><strong>9</strong><strong>:</strong><strong>56</strong> – Picking stocks</p> <p><strong>11</strong><strong>:</strong><strong>39</strong> – Determining when to start your Social Security</p> <p><strong>15</strong><strong>:</strong><strong>21</strong> – Mailbag Question: What’s a good way to invest money that we’ll likely use to buy a rental property in about three years?</p> <p><strong>17</strong><strong>:</strong><strong>24</strong> – Mailbag Question: I’m trying to set an account so that I can rollover an old 401k. What’s the difference between these different companies I see commercials for? Who has the best investment options?</p> <p><strong>19</strong><strong>:</strong><strong>38</strong> – Mailbag Question: Our house is a money-pit and we’re tired of repairing. We’re so fed up we want to sell and rent a place until we find something. Would it be silly to become renters again in our 60s?</p>