Tyler Shamblin - Wealth Advisor

Tyler Shamblin - Wealth Advisor

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Helping empty nesters & entrepreneurs create, grow, & preserve their wealth. Securities and investment advisory services offered through Osaic Wealth, Inc.

09/23/2024

"Pleasure's advertising agency is better than its manufacturing department."

WOW.

These were my pastor's words yesterday as we start a new sermon series on stewardship.

(And since my life mission is to help people steward the resources given to them, I was especially tuned in.)

Here's what that statement means:

If you are chasing pleasure with no long-term purpose, you'll find many of your efforts to be futile.

It's like hearing a great pitch from a salesperson then being underwhelmed with the product.

- A Rolls Royce can get your from A to B just like a Honda
- The Ritz-Carlton and Motel 6 both give you a place to lay your head
- A steak from Ruth's Chris vs. Kroger could've come from the same cow

Hear me out... there's nothing wrong with the luxuries ^ on that list.

But if your financial plan is about:
- Attention
- Status
- Power
- Some unresolved insecurities from high school where you feel it your life mission to impress people at your next class reunion...
..you will one day wake up and ask yourself, "why am I doing this?"

I've had the pleasure of writing many financial plans.

The clients who find success the fastest have a strong, LASTING purpose that drives them.

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My messaging inbox is open if you need to feel like what you're doing with money is worth your time & energy.

09/19/2024

Need to just get this off my chest today.

Decreasing inflation doesn’t mean prices are coming down.

It means prices are still rising but slower.

DE-flation means prices are coming down.

If you drive a car forward at 50 mph then slow down to 25 mph, you’re still moving forward.

It’s only when you put the car in reverse that you head a different direction.

And before you say “let’s bring on deflation, I’m sick of these prices,” note this—deflation starts when demand decreases because people aren’t spending money. When people don’t spend money, corporate profits suffer. Low profits for companies drives stock prices down. Not to mention, if companies have less money because people aren’t spending, then they’ll have less money to pay employees, leading to higher unemployment.

Ideal situation is about 2-3% inflation, not significantly higher or less than that.

So yeah, there’s your short crash course in economics.

08/23/2024

Annuity companies don’t want you to play pickleball. Here’s why:
Playing pickleball helps you physically, mentally, and socially—all things that potentially lead to longer life.

So if you’re looking to live a long fulfilling life, consider adding a social sport like tennis or pickleball to your routine.

But don’t expect to make friends with institutions who pay guaranteed lifetime income:

- Annuity companies
- Pension fund managers
- Social Security Administration

They retain more money if you die sooner.

(Think about it… the longer you live, the more in total they have to pay!)

Which means…

❕ If you plan on living a long life, you need to have a plan to pay for your own retirement.

These other institutions are under a lot of pressure to pay income to people who are living longer.

And the longer you live, the less they can afford to guarantee to you.

So play pickleball to live a long life.

And put together a solid personal investment strategy & financial plan to ENJOY your long life.

See you on the courts!

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Want to learn how to find the right balance between guaranteed income & growth potential for your money?

✉ Send me a message
💻 Check out my firm's website

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