Tag Archives: Investing

Episode 21 – Questions To Ask When Interviewing Financial Advisors – Part 2

It can be intimidating talking to a financial advisor and that is why you should always be prepared to ask the right questions. 

In the second part of a two-part series, Mike Guarino recaps the questions from episode 19, and dives into the other seven most important questions. Mike also provides listeners with additional advice that will help when asking those tough questions. 

In this episode you will learn:

  • Each financial advisor has different qualifications
  • How the relationship works with clients
  • Mikes’ investment philosophy
  • What an asset allocation is
  • What investment benchmarks are
  • And more!

Tune in to hear more of those important questions to ask your financial advisor!

Resources: Guarino Wealth Management | Mike Guarino | Questions To Ask When Interviewing Financial Advisors – Part 1

Episode 20 – Questions To Ask When Interviewing Financial Advisors – Part 1

Are you having trouble finding a financial advisor that fits your needs?

In part one of this mini-series, Mike Guarino gives an overview of three out of the ten most important questions clients are asking him during the interview process. Mike provides listeners with tips for finding a financial advisor that you can trust with your financial accounts.

In this episode you will learn:

  • Why you should be asking advisors if they are an ‘accredited investment fiduciary’
  • The different pay structures for financial advisors
  • How to find out what your ‘all-in costs’ are when working with a financial advisor
  • Tips for asking questions during the advisor interview process
  • And more!

Tune in to start asking those important questions to pick the best financial advisor for you!

Resources: Guarino Wealth Management | Mike Guarino 

Episode 19 – Shifting Gears for Retirement into Distribution Mode – Part 2

If you did all the right planning through the accumulation mode, you will eventually reach the distribution mode where your retirement plan kicks into effect. 

In part two of this mini-series, Mike Guarino gives a glimpse into what distribution mode is and how Guarino Wealth Management lines up the investment strategy. 

In this episode you will learn:

  • What the distribution mode is in retirement planning
  • How your accumulation-based plan becomes your distribution-based plan 
  • How decisions impact opportunity costs 
  • The importance of having a flexible plan
  • And more!

Learn how to transition into the distribution mode in a reasonable timeframe!

Resources: Guarino Wealth Management | Mike Guarino

Episode 18 – Gear Up for Retirement in Accumulation Mode – Part 1

Whether you’re still a ways away from retirement, or considering retiring early, the accumulation phase plays a major factor in your retirement planning.

In part one of this two part series, Mike Guarino discusses the five things you need to look into before you are ready to retire.

In this episode you will learn:

  • How to estimate your monthly income including your revolving expenses for retirement
  • How to consider your living circumstances in order to lower your taxes
  • Various ways to keep your debt low
  • The concerns for healthcare coverage during retirement and its extreme costs
  • And more!

 Learn to start accumulating your assets and become financially stable before retirement!

Resources: Guarino Wealth Management | Mike Guarino

Episode 17 – The Journey to Life as an IT Professional – with guest John Miller

Are you interested in a career as an IT professional?

In this episode, Mike Guarino talks with John Devereaux Miller, as he explains his career journey and how his decisions impacted where he is today. John also provides listeners with some advice for someone starting out in an IT career.

In this episode you will learn:

  • How John discovered and kick started his career in IT
  • How John made the transition at corporate America
  • What it was like to pivot from selling products to providing customer support
  • How he went from support to management and then to where he is today
  • How the business has evolved since 2006
  • And more!

Tune in to learn more about what it’s like to work as an IT professional!

Resources:  Guarino Wealth Management | Mike Guarino | John Miller

Episode 16 – How to Avoid Forgetting During Important Times

While it is not completely possible to avoid forgetting the important stuff, there are tools to help manage these financial situations. 

In this episode, Mike Guarino discusses his approach to using checklists and flowcharts to help change people’s lives, improve efficiency and simplify any situation.

In this episode you will learn:

  • How dependent we are on the internet
  • The differences between checklists and flowcharts
  • Both techniques benefits to optimize your outcomes
  • How to identify the best situations to use these tools
  • And more!

Tune in to stay on track towards achieving your ideal financial goals!

Resources: Mike Guarinio | Guarino Wealth Management

Episode 15 – Checking Your Assets During Election Season

While everyone needs good portfolio results, it’s crucial to pay attention to diversification, especially in an election year.

In this episode, Mike Guarino highlights the importance of checking in with your financial team to make sure you are positioned where you want and need to be during election season to avoid fallout from market volatility. 

In this episode, you will learn:

  • The ten things you should know about politics and investing
  • The science that goes into portfolio construction
  • The arguments of modern portfolio theory 
  • Why diversification is not always found in stocks 
  • And more!

Tune in to discover the importance of assessing your assets before the election! 

Resources: Mike GuarinoGuarino Wealth Management | The 7 Pitfalls of Retirement e-Book | 10 Things You Should Know about Politics and Investing

Episode 14 – The Evolution of the Financial Industry

Like many professional fields, financial planning and investing have evolved and changed over the last decade, and there may be more changes on the horizon. 

In this episode, Mike Guarino explains how the financial planning and investing field has changed and evolved in the 14 years since he entered the industry. 

In this episode, you will learn:

  • The role of commissions, advisory fees, and subscriptions in the financial planning business 
  • The personalized approach of the subscription-based planning 
  • The role of technology in bringing clients and advisors together 
  • What’s Mike’s Tony Rode a Pony analogy and how is it related to the financial market
  • And more!

Tune in as Mike explains how the planning and investing industry has evolved over the last decade. 

Resources: Guarino Wealth Management

Episode 13 – Financial Planning For Now and For Your Future – Part 5

Financial planning is a fantastic way to build wealth for your future and for your retirement. But it is also a great tool to solve any current financial issues or ensure you are in good financial standing.

In the final part of this financial planning mini-series, Mike shares his final tips for financial planning, explaining how planning helps to build wealth and helps you to live comfortably now and in the future. 

In this episode, you will learn:

  • How a financial plan can help you build your wealth 
  • How to easily understand credit card interest payment percentages 
  • How to manage and tackle interest rate payment debts
  • The benefits of financial planning 
  • And more!

Tune in to learn why financial plans are so important for your lifetime! 

Resources: Guarino Wealth Management | Part 1 | Part 2 | Part 3 | Part 4

Episode 12 – A Financial Plan Can Help You Identify and Prepare for Risks – Part Four

There are numerous benefits of having a financial plan. A couple of them include helping you prepare and identify for risks. 

In part four of this mini-series about financial planning, Mike Guarino discusses risk planning, financial analysis, and security in your financial plan.

In this episode, you will learn:

  • What a gap analysis is and how it is used to evaluate risk
  • The benefits of building a term policy at a young age 
  • What transfer on death (TOD) is and how it helps beneficiaries 
  • How a catch-up contribution supports adults after they reach age 50
  • And more!

Tune in to learn how financial planning helps identify risks!

Resources: Guarino Wealth Management