A Lesson in Finance with Peter Mallouk
Text ‘bulletproof’ to 345345 to stay in the know about all things Bulletproof, and buy the book HERE! Bulletproof Dental Practice Podcast Episode 133 Hosts: Dr. Craig Spodak & Dr. Peter Boulden Guest: Peter Mallouk Key Takeaways ● Introduction ● Being Cautious ● Learning Business the Hard Way ● Furthering Retirement in Dentistry ● Purchasing Power of the Dollar Declining ● Brokers & Independent Advisors ○ Brokers: Have to Do What’s Suitable, Financial Advisors & Products ○ Independent Advisors: Fiduciary, no commissions or products, Lowest Cost Investment Vehicles ○ Different Legal Standards ○ Dually Registered ○ #1 Question to Ask: Do You Have the Series 7? ○ The “Merrill Lynch Policy” ○ Advertising ● Advice on What to Do in Times of Uncertainty ○ Start As Early As You Possibly Can ○ Recessions, Corrections, & Bear Markets- These Happen All the Time, It’s Normal and They Do Recover ○ CONTINUE BUYING ● Inverted Yield Curve ● The Repo Market ● The Consequence of Being Wrong ● Cashing Out: A Red Flag ● Human Psychology of Financial Decisions ● An Efficient Market ● High Flyers on the Index ● Game Plan: Look at Debt ● Cryptocurrency ● Asset Classes ● Slow & Steady Growth References The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right by Peter Mallouk Summit 2020 Peter Mallouk on Bitcoin- YouTube FREE BOOK WITH BULLETPROOF MENTION! Tweetable Start as Early as You Possibly Can Continue Buying Be Committed to the Process of Getting in the Game