Broker Check

Podcast Episode 12: Five Steps Towards Financial Control

| November 12, 2018
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Thanks for tuning into our podcast! This week’s episode offers some important financial insight; Blair discusses five habits shared by the individuals who have control of their own finances. We preach simplicity at Denver Wealth Management, and this podcast helps you keep your finances simple.

For more news and updates from us at DWM, follow us on Twitter: @DenverWealth or sign up for our monthly newsletter on our website. Subscribe to our podcast on iTunes or Stitcher if you haven’t already. 

  1. Have plenty of cash on hand. [1:29]

“Cash is like oxygen – it’s one of those things that we don’t notice until we don’t have it.” – Warren Buffet

  1. Mentally prepare yourself for a marathon, not a sprint. [3:14]


  1. Utilize systematic savings plans. [4:45]


  1. Be diversified. [7:48]


  1. Accept market volatility as a HEALTHY side-effect of investing. [12:03]


Again, thank you for listening. Please subscribe if you haven’t already. If you have any questions, don’t hesitate to call or email us – if you are having questions about your finances, chances are, someone else has the same question.


The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

Dollar cost averaging involves continuous investment in securities regardless of fluctuation in price levels of such securities. An investor should consider their ability to continue purchasing through fluctuating price levels. Such a plan does not assure a profit and does not protect against loss in declining markets.

Diversification does not protect against market risk.

This information is not intended to be a substitute for individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.

An investment in Exchange Traded Funds (ETF), structured as a mutual find or unit investment trust, involves the risk of losing money and should be considered as part of an overall program, not a complete investment program. An investment in ETFs involves additional risks such as not diversified, price volatility, competitive industry pressure, international political and economic developments, possible trading halts, and index tracking errors.

All investing including ETFs and mutual funds involves risk, including possible loss of principle. Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

No strategy assures success or protects against loss.

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The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

The registered representatives are with and offer securities through LPL Financial. Member FINRA/SIPC. Investment advice offered through Providence Capital Partners, Inc. d/b/a Denver Wealth Management, a registered investment advisor. Denver Wealth Management and Providence Capital Partners, Inc. are separate entities from LPL Financial. Providence Capital Partners, Inc. and Denver Wealth Management have common control and ownership. The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents in the following states: AK, AR, AZ, CA, CO, FL, GA, HI, ID, IL, KS, KY, LA, MD, MI, MN, MO, MT, NE, NV, NJ, NM, NY, NC, ND, OH, OK, OR, PA, SC, SD, TX, UT, VA, WA, WI, WY.

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