Peter Mallouk: The Path to Financial Freedom | E84

Published: Oct. 12, 2020, 4 a.m.

b'Are you ever confused or overwhelmed at the prospecting of investing?\\n\\xa0\\nIf you are, don\\u2019t worry! Our guest today, Peter Mallouk, has simple strategies on how to invest and save as well as why it\\u2019s so important.\\n\\xa0\\nPeter Mallouk is the CEO of Creative Planning, a wealth management firm, that has been ranked #1 in America by outlets such as CNBC and Barron\\u2019s. Peter has been on Worth Magazine\\u2019s Power 100 rankings and has received other accolades such as the Ernst & Young Entrepreneur of the Year Award. He is also a financial industry thought leader and author. His upcoming book, The Path, is all about helping you achieve financial freedom and is co-authored by Tony Robbins.\\n\\xa0\\nIn today\\u2019s episode, we\\u2019ll talk about common misconceptions that Peter has encountered in his many years in the financial services industry as well as his thoughts on the news and its impact on us as investors. We\\u2019ll also cover topics such as the importance of diversifying, the plans you should lay out before investing, and how to find the right financial advisor to meet your needs.\\n\\xa0\\nLinks:\\n\\xa0\\nFollow Hala on Instagram: www.instagram.com/yapwithhala\\nReach out to Hala directly at Hala@YoungandProfiting.com\\nFollow Hala on Linkedin: www.linkedin.com/in/htaha/\\nFollow YAP on IG: www.instagram.com/youngandprofiting\\nCheck out our website to meet the team, view show notes and transcripts: www.youngandprofiting.com\\n\\xa0\\nTimestamps:\\n\\xa0\\n01:11 - How Peter Met Tony Robbins and All About Their New Book\\n03:53 - Why the Financial Services Industry is Broken\\n05:00 - How to Find a Great Advisor\\n06:53 - Truth About Today vs. the Past\\n10:49 - The Contradictory Thing About Media and the News\\n13:36 - Why is Now the Best Time to Start Investing\\n15:37 - Why it\\u2019s Important to Diversify\\n17:49 - Real Life Example of the Importance of Diversifying\\n19:30 - The Six Human Needs\\n21:58 - The Power of Compounding\\n24:20 - Why it\\u2019s Important to Know What We Want\\n25:58 - Financial Independence vs. Retirement\\n27:15 - Important Plans to Have Before Investing\\n28:48 - Difference Between Brokers vs. Financial Advisors\\n29:50 - When Should You Get a Financial Advisor?\\xa0\\n31:30 - Tips for Someone Working at a Corporation\\n33:34 - Advice about Insurance\\n35:08 - What to Look at for Financial Planning\\n37:20 - Peter\\u2019s Secret to Profiting in Life\\n\\xa0\\nMentioned in the Show:\\n\\xa0\\nPeter\\u2019s New Book, The Path: https://www.amazon.com/Path-Accelerating-Journey-Financial-Freedom/dp/1642937010\\nPeter\\u2019s Website: https://creativeplanning.com/\\nPeter\\u2019s LinkedIn: https://www.linkedin.com/in/peter-mallouk/\\nPeter\\u2019s Twitter: https://twitter.com/PeterMallouk/\\nPeter\\u2019s Facebook: https://www.facebook.com/OfficialPeterMallouk/'