Tag: Investing

Risk and Reward: Understanding Your Investment Comfort Zone (Ep. 21)

Risk and Reward: Understanding Your Investment Comfort Zone (Ep. 21)

What’s your investing personality? 🌵

Dive into this episode of No Pricks Allowed from Cactus, where Aaron Buchner tackles the ever-prickly topic of investments with relatable humor and practical insights. Skip the jargon and forget the one-size-fits-all advice—Aaron explores how your unique behaviors and reactions to the market should guide your investment decisions, using real-life scenarios and light-hearted anecdotes to make it all click.

Aaron discusses: 

  • (02:42) Individual investment strategies and the importance of aligning them with personal behaviors and priorities
  • (06:15) The importance of diversification across global markets
  • (09:22) Understanding personal risk tolerance and managing it amid market fluctuations
  • (15:12) Balancing short-term desires with long-term financial goals
  • (19:48) Establishing and maintaining an emergency fund to support risk capacity
  • And more

Aaron debunks common financial myths and offers a fresh perspective on creating a financial strategy that works just for you. Tune in and find out how embracing individuality and engaging with your financial reality can lead to stress-free investing.

Resources:

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Removing Financial Thorns (Ep. 11)

Removing Financial Thorns (Ep. 11)

Ever feel like you’ve got a pesky thorn in your side that keeps messing with your financial plans? You’re not alone, and today we’re digging deep into what’s really bothering us when it comes to money and how to deal with it.

In this episode, Aaron Buchner tackles the common yet often overlooked financial “thorns in your side.” Whether you’re just starting out or nearing retirement, these issues seem to affect everyone. Aaron shares insights on doing more than just basic financial planning – it’s about understanding your true financial needs and priorities. From knowing exactly what you’re paying for (and what you get in return) to the importance of honest conversations with loved ones about money, we’re covering it all. Aaron offers practical advice on how to stop flying by the seat of your pants and start making financial choices based on clear goals and priorities.

Aaron discusses: 

  • (01:37) Understanding what you’re really paying for in financial services
  • (06:14) Buckets of saving: how to prioritize and plan your financial goals
  • (10:19) The importance of talking to your partner and family about money
  • (16:12) The critical question: Asking “why?” should be at the heart of your financial decisions
  • And more

Ready to confront your financial thorns? Tune in now!

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Should You Pay Off Debt or Invest? Let’s Find Out! (Ep. 6)

Should You Pay Off Debt or Invest? Let’s Find Out! (Ep. 6)

Balancing debt repayment and investing can be a tricky decision for many.

How do you decide whether to pay off debt or invest your extra cash? What factors should influence your decision?

In this episode, Aaron Buchner from Cactus dives into the common financial dilemma of whether to pay off debt or invest when you come into some extra money. 

Hear insights into how to approach this financial decision, consider the pros and cons, and understand the importance of personal goals and lifestyle choices in making your decision.

Aaron discusses: 

  • Should you pay off debt or invest windfall money?
  • The impact of high-interest credit card debt and why it’s crucial to pay it off first
  • Understanding mortgage rates and how they differ between the US and Canada
  • The importance of balancing debt payments, investments, and lifestyle goals
  • And more!

Resources:

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