Hopefully your famous last words in life won’t be “Hey y’all, watch this!” And in the financial world, there’s quite a few phrases that you don’t want to be your famous last words either… Dan talks through some common financial phrases that certainly aren’t words to live by.
Check out the full show notes: http://betzelwealthadvisors.com/2019/06/famous-last-words-you-dont-want-to-say-in-retirement
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Tactical Points:2:58 “I want to get out of the market and stay out (after 2008)”
5:00 “I like the security of cash”
6:33 “I’m not planning to live a long time”
7:33 “I’ll never go to the nursing home”
9:26 “I can always go back to work”
13:18 Mind Over Money: Handling Risk
17:09 Mailbag: Inherited Stocks
19:39 Getting to Know You: Favorite Movie
Book link: https://www.amazon.com/Your-Money-Brain-Science-Neuroeconomics/dp/0743276698
Step-up in basis: https://www.investopedia.com/terms/s/stepupinbasis.asp
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