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Financial Lessons Part 2

Show aired on February 13th, 2021

Mike answers recently submitted listener questions. He then finishes discussing the recent article from the Wall Street Journal, “15 Personal-Finance Lessons We Can All Learn From the Year of Covid-19.”

He covers:

  • You need a will.
  • How your personal finances reflect your values.
  • The importance of flexibility in you retirement plans.
  • Things won’t always be bad or good.
  • “This Time is different. Not.”
  • The markets fool us: “If we can’t even explain the past, just think how futile it is to try to predict the market’s future.”
  • The three bucket strategy.
  • “Rebalancing Pays Off.”
  • Stay the course: stay invested.
  • Maybe start a side gig.
  • Bonds are still important for diversification.

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    Though Mike Miller is an employee of Ronald Blue Trust, Talking Money® represents his individual views, and not those of his employer or any other sponsor of the program. During the program, Mike may discuss market trends as well as specific financial planning techniques and investment ideas. These discussions are for general information only and are not intended to provide specific advice or recommendations to any individual or organization. Work with your attorney, or accounting, or investment professional for specific individual advice and services. Any securities or investment products discussed on Talking Money® are not insured by the FDIC, are not a deposit or other obligation of or guaranteed by any bank, and are subject to investment risk, including possible loss of principal amount invested. Some shows contain time sensitive material that should not be relied upon without verifying.

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