Beyond Financial Fitness Workbook

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FIVE Risk Factors Working Against You “There are really two Americas, one for the grifter class, and one for everybody else. In everybody-else land, the world of small businesses and wage-earning employees, the government is something to be avoided, an overwhelming, all-powerful entity whose attentions usually presage some kind of financial setback, if not complete ruin. In the grifter world, however, government is a slavish lapdog that the financial companies . . . use as a tool for making money.” —Matt Taibbi, Griftopia Who controls the interest rates in the United States? ___________________ ___________________ The burden of _____________________ on the engine of business seems to grow over time like a burgeoning coral reef. Believe it or not, one of the most expensive things you will ever encounter is _______________. If you’re going to pay for a financial advisor, we particularly like a ________- __________ __________________. _____________________ is a term that describes how easily you can access your money once you’ve put it into a particular investment. Don’t get sucked into __________________ for the _________________ by someone who doesn’t even know how to hit the ball. “Ultimately, ___________________ ___________ resides not in what kinds of investments you have, but in what kind of investor you are.” How does inflation affect your finances?
How does deflation affect your finances? True/False 5. In order to drop unemployment (and therefore put more people to work), an economy needs to have a little bit of inflation. What kinds of changes in the markets have you seen because there was a big political election? What kinds of regulations have you seen hinder the growth of the company you own or work for? (This can be a very long list, so maybe just stick to a few main ones.) True/False Answers 1. False 2. True 3. True 4. False 5. False Fill in the blank key for Part I – Investment Policy: INVESTMENT POLICY, VALUE INVESTING, HABIT, HARDER, LIGHTER, FEDERAL RESERVE, REGULATION, ADVICE, FEE-BASED FIDUCIARY, LIQUIDITY, SWINGING, BLEACHERS, FINANCIAL RISK
Page 4 and 5: The information presented in this b
Page 7 and 8: CONTENTS Introduction Part I—Comp
Page 9: that outlines how you will earn, sa
Page 12: Your goal should be to get by on on
Page 15 and 16: In what ways are you currently “i
Page 17: Think of some examples of people yo
Page 20 and 21: Do you already have a Durable Power
Page 24 and 25: FOUR The Top of Hierarchy “The gr
Page 26: • Index funds are an easy way to
Page 33 and 34: What does this chart tell you about
Page 35: True/False 2. If interest rates go
Page 39: True/False 4. ETFs will almost alwa
Page 42 and 43: What does this graph tell you about
Page 44: Bonds = 35% Stocks = 40% Real Estat
Page 47 and 48: “Trust in time rather than ______
Page 49: ___________________________________
Page 52 and 53: True/False 10. Those who sufficient

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