Tom Wall – If You Make Some Money, at Least Take Half off the Table

<p><strong>BIO: </strong>Tom Wall holds a Ph.D. in Retirement Income Planning, with original research on Whole Life as a Fixed Income Alternative under the advisement of industry thought leaders: Wade Pfau, Michael Finke, and Stephen Parrish.</p><p><strong>STORY:</strong> Tom got pulled into the Bitcoin frenzy in 2018 and made huge gains. He had also invested in an NFT performing really well and made 15X his investment. Tom took his investment from the NFT and invested the money in Bitcoin. Then Bitcoin’s value dropped, and Tom lost almost half of his investment.</p><p><strong>LEARNING:</strong> If you make some money, sell, or at least take half off the table. Have a piece of your portfolio that is continually growing but also accessible.</p><p>&nbsp;</p><blockquote class="ql-align-center"><strong>“If you make any gain, take back your original investment, and let your gain ride.”</strong></blockquote><blockquote class="ql-align-center">Tom Wall</blockquote><p>&nbsp;</p><h2>Guest profile</h2><p><a href="https://www.linkedin.com/in/tomwall/" rel="noopener noreferrer" target="_blank"><strong>Tom Wall</strong></a> holds a Ph.D. in Retirement Income Planning, with original research on Whole Life as a Fixed Income Alternative under the advisement of industry thought leaders: Wade Pfau, Michael Finke, and Stephen Parrish. His focus on academics and selling from a place of integrity comes from a 20-year career of positioning whole life insurance and competing against its alternatives.</p><p>Recently he published <a href="https://amzn.to/44NI2Wt" rel="noopener noreferrer" target="_blank"><em>Permission to Spend: Maximize Your Retirement with the Best-Kept Secret in Personal Finance. </em></a></p><p>Starting in college as an award-winning advisor with Northwestern Mutual before moving his practice to MassMutual, he subsequently grew his career in prominent home office sales and marketing leadership roles.</p><p>Tom has been a well-known storyteller at nationwide perennial company conferences and firm meetings. Tom now coa