3 Unexpected Risks of Sudden Wealth & How to Protect Yourself скачать в хорошем качестве

3 Unexpected Risks of Sudden Wealth & How to Protect Yourself

3 Unexpected Risks of Sudden Wealth & How to Protect Yourself In this episode, discover the three major pitfalls that come with sudden wealth and learn how to safeguard yourself from them. Financial expert Tommy Cloud from Third Act Retirement Planning shares real-life examples, such as Nicholas Cage, MC Hammer, and Mike Tyson, to illustrate the risks of strained relationships, poor investment advice, and luxury spending. Learn valuable strategies like creating a giving budget, verifying investment advice, and setting spending limits to ensure your newfound wealth is managed wisely. Subscribe for more insights on how to be a wise steward of your wealth. I'm Tommy Cloud, CFP® founder of Third Act Retirement Planning. Since 2000, we've helped individuals all over the US be faithful stewards of their new found wealth, guided by the principle that managing resources is both a blessing and a responsibility. Our Three Pillars of Wise Stewardship: ⭐Nurturing Relationships with Grace and Wisdom ⭐Seeking the Right Financial Counsel ⭐Practicing Intentional Stewardship ⛱️We can only work with a select number of families. So, we've created this channel to share proven strategies and insights from our years of helping clients achieve their financial goals. Free 20 Minute Meeting: https://calendly.com/thomascloud/lear... Apply for a no cost 2nd opinion of your investments: https://forms.gle/DQx1HRryMwwpDHuc7 How much do I need for retirement? https://forms.gle/J7agfbsMFCX7YELq5 🌎Our collection of free actionable guides and eBooks are listed below and can be accessed here: https://www.thirdactretirement.com/re... 🌀Wealth Wisdom: Mastering the Essentials for a Prosperous Future 🌀Maximize Your Social Security: The Ultimate Spousal Benefits Strategy Guide 🌀Maximize Your Inheritance: 5 Proven Growth Tactics 🌀6 Biblical Principles for Wise Financial Stewardship in Uncertain Times 🌀Building Resilient Wealth: Advanced Correlation Techniques for Effective Diversification 🌀Inflation-Proof Your Portfolio: Strategic Investing for Sudden Wealth 🌀What Is a Cryptocurrency? Technical Foundations, Financial Aspects, and Global Impact 😇Disclaimer: Since we don't know your specific situation, none of this information should be construed as tax, legal, financial, insurance, financial advice, or other advice and may be outdated or inaccurate. It is your responsibility to verify all information yourself. This content is prepared for entertainment purposes only. If you need advice, please contact a qualified CPA, attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with. Third Act Retirement Planning or its members cannot be held liable for any use or misuse of this content. 00:00 Shocking Stories of Wealth Gone Wrong 00:48 Introduction to Sudden Wealth Risks 01:31 Risk #1: Family and Friends Relationships 03:37 Risk #2: Bad Investment Advice 05:35 Risk #3: Luxury Spending 07:13 Conclusion and Protective Strategies