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Highlights from this episode include:

  • The 3 pillars of a successful retirement plan that let you retire 10 years earlier (without worrying that you’ll run out of money) (2:12) 
  • Why you need short-term, long-term, and intermediate positions in your retirement portfolio if you don’t want to worry about running out of money (3:57) 
  • How to tweak the stocks in your portfolio so all your money doesn’t burn up during a crisis (4:20) 
  • The “Brokerage Link” secret that transforms a sucky 401k into a way to make you rich throughout retirement (11:23)

Ready to stop doing what you hate? Go to https://RetireNowRetireWow.com and fill out the Game Changer form to secure your financial future.

Get our 5 Year Countdown to Retirement Guide and make sure you’re on track to retire (no matter where you are in your career). Visit brightfg.info/5yearguide

Read Full Transcript

Do you hate the thought of working past 55 or 60? Do you hate not being able to live the life you deserve today? Do you hate not knowing what your financial future looks like? It's time to stop doing what you hate, here's your host, Mr. Harold Green.

(00:20): Everybody. This is Harold Green and it is time to stop doing what you hate.
How is everyone doing? I hope you are feeling fantastic. And as fresh as a cucumber, kind of funny, I was kind of thinking about that today.

(00:37): I've heard that phrase before us as fresh as a cucumber, but I, you know, I guess it means when you snap the cucumber, it's all tight and everything. But anyway, I digress again. I do hope you are having a fantastic day. I have something super excited that I want to share with you guys today. And again, we're going to be focusing on the rapid retire program. So inside of the program, there's a couple of different phases in there or three there's, three main components. But I'll tell you the title of my show before I read off some stuff for you, but it's going to be performance, performance, performance, that's right. Performance, performance, performance. It's like saying location, location, location in real estate and the investment world. It's all about performance because if you don't perform, you are, you are failing on some level of the other.

(01:25): There are no guarantees in the market. However, sometimes I don't feel like I'm treated that way by the clients. It seems like everyone is expecting, you know, way more than they're getting not everybody, but, you know, I, you know, I do have a handful of people saying, Hey, how as great, you made me 50%, but you know, what about, what about more? You know? And so I just kind of look at that and chuckle, and I understand where they're coming from. We're, we're in a, a situation in the market where as I speak up today, things are just on fire and absolutely crazy. And it can make us forget sight of what's really important, what we are supposed to be doing and that all investing in carries risk of loss, right? So you're going to have to go make sure you do your due diligence on what it is that you aren't getting yourself into.

(02:08): So performance, performance, performance, and inside the rapper retire, we have three main components that will help you perform cashflow management, cash reserves, systems, and income generation. Those are the three pillars of a successful plan, and I've put it together and rapid retire cash reserves ought to be adequate accessible after tax and always there. And then also in your cashflow management, you need a system of tracking your inflows or outflows, and also your performance, which is very important and income generation. You need to understand how to position your assets so that they are generating income for you. So are you guys ready? One, two, three, let's get it. So I want to do a little bit of a performance evaluation on some of the things that I've been working on and, and today's not going to be an entirely long show. Is it going to be short, sweet and to the point, and again, investing carries a risk of loss.

(03:07): And so I'm going to talk about different stocks and things like that, different accounts and things like that. And I'm not advising you guys to go out there and try to put together portfolios that have any of this stuff that I'm going to tell you about because you, you have to understand the level of risk and how to put the stocks together in a meaningful way that would generate you potential positive return. So I want to get into some evaluation and then my last show, risk value, growth OMI. We talked about how to analyze your risk and you know, how you could be investing above or below your risk tolerance and you, and you really don't know because no, one's really sat down and taken the time to explain how you should be situated. And so for my retirees, most of them, anyway, we have positions in their accounts that are short-term long-term intermediate.

(03:57): You must have short-term long-term and enter media positions in your portfolio. And so I want to just kind of look at some, some portfolios that I've put together for my rapid retire program and there's different models in there. So we have different models in there that would, that would make up an overall say, allocation. You know, we have short-term conservative, we have long-term ultra long-term ultra to ultra three large cap, specialty blend one. And it's just a mix of many different types of stocks and these portfolios that have different risk scores and that are kind of designed to do different things at, you know, at different points in time. And so it's a very complicated, very technical process of evaluating holdings and what to put in them just to make sure, you know, we, when we have downturns there's balances in the portfolio, so that things don't burn up, like you know, when we went through the Corona virus.

(04:58): So in the long-term ultra model, there's basically about five, I think, different five or six different portfolios in there, Ressa growth blend, consumer discretionary blend, consumer technology, high value, growth, large cap, 10 left, large cap, specialty blend, and then moderate income. So in the aggressive growth blend, it's basically stocks that are aggressively growing and blended with stocks that also, you know, pay dividends are our income. Okay. So looking at the aggressive and growth blend for the last three months, it generated a return of 12.94% in the last three months, that's aggressive growth blend, consumer discretionary blend. That's another portfolio that I've built and it has different things in there. Like the foodies, you know, we have food stocks in there, stocks that basically people will update at restaurants and anything kind of, you know, dealing with the consumer, like shopping, just all kinds of stuff.

(05:57): It's a really neat portfolio. And the return on that was about like 19.3%. Again, you know, past performance is no indicator of future results. Today is just a performance review of what has happened in the past three months. And we're looking at an actual client account and I do put a lot of clients in the same type of models based on their risk score. And if we're in the short term bucket, everybody's kind of like the same in the short-term bucket. The longterm buckets, the same intermediate bucket is the same because the timeframe and time horizons are the same with a couple of different variations based on the risk score. So 19.2, 2% over the last three months that's not a bad deal. Then we move on to consumer technology, consumer technology. It's kind of been up and down over the last three months. And so, you know, for the whole entire year consumer technology has generated a return. I think it's like 51% and this client's particular account only because at one point they wanted out of, you

(06:59): know, the aggressive portfolios and into something more conservative. And so we do go in and out based on client requests and things of that nature. So their return, I think of that portfolio for the last year was 51.47%, which is not too bad. It's a very, very, very aggressive portfolio. And then we have high value growth. And again, we talked about growth versus value in the last show and this particular portfolio that I've built, I built it off of the Corona virus like downturn when things were going really, really bad. So the return on this portfolio in the last three months is like a 34.57%. But if we go back for a year, it's about well, this client has only had it in their portfolio since October, I think October or September 22nd of last year. And it's up 42.6, 2% and that's high value growth.

(07:53): Then we get into large cap 10. That's another portfolio that I've built. That one is up at about 5.6% for the last three months. And large-cap specialty blend. That one is up 26 point 11%. Again, there's a lot of funky stocks in there, things that people probably have not heard of before that's out there. And so there's, there's a gazillion stocks out there and you have to analyze a lot of them through screeners and look at different metrics before throwing them in a particular portfolio. And then we have our moderate income portfolio and moderate income is more of a conservative portfolio that doesn't have a lot of risk in it. And it's done basically 4.9, 3% over the last, I would say three months. And so let's see here the last three months, 4.9% over the last three months. So that's not a, that's not a bad ordeal.

(08:47): And so these are, these are some of the performances on the, the long-term ultra portfolio. Then for some clients, we have accounts where we're just like managing it based on future goals. And it's not part of the bucket process and rapper retire. It's just accounts that they're using to generate things, to do different things with. Okay. So, you know, looking at one account that we set up, I think it was last year around September, maybe, maybe August, so not too bad on this one 28.96%. Again, this is just a performance review, looking back at where things are. And in this portfolio we have Arisun, we have Delta Royal Caribbean travel centers, Amazon, Adobe, Microsoft Nvidia, Sam Adams, beer sleep number, which is a very interesting one. People didn't really think, I guess they slept on sleep number if I could put it bluntly.

(09:47): And since we put it in the portfolio, it's a 15.8, 1% Apple's in their MGM is in there, Chipotle Mexican grill, had a client ask me the other day, why Chipotle Mexican grill. And, you know, for me, when I, when I look at the stocks again, you analyze them based on revenues and growth potential, and there's software that I do. I subscribe to that helps me analyze these things in, you know, going through all of that. I have my, you know, technical and fundamental reasons, but then also I have my, you know, my causality or, or causation, or, you know, causes in regards to how I think about things. And for me, once coronavirus hit Chipotle, it was one of the first companies to really get out ahead of it, herbicide, pickups, you know, all of that and the technology. I mean, they really just adopted technology and just went all at it.

(10:39): And so again, when you're, when you're looking at stocks, you have to understand like where they are and then the companies and where are they going to go park hotels and resorts. That's another one of my coronavirus picks. Another one was stitch fix. And that's a IPO that came out. I know a really neat company. And since buying them, they're up 40%, which is very interesting. It's, it's just like phenomenal, you know, just kind of based on where things are. And there's a couple of different more in there, but, you know, it's, it's, it's very interesting the times that we're in and I always tell clients, you know, if you really want to be successful, you must take advantage of your opportunities. And right now is a great time to take advantage of putting your retirement account in a position where you can maximize the returns.

(11:23): And one of the things we talked about in the five-year guy to retirement was if your 401k allows you to set up a brokerage link in your custodian, life fidelity allows it. I think there's a couple of more, but as it's few, because these employers don't want people putting their whole 401k and Tesla stock. And it's funny because you can't find these brokerage links in certain types of corporations. And, and, and it's kind of sad how, you know, I hear the media talk about things where, you know, people are in this position or people are in that position and, you know, somebody ought to help them and on and on and on. But when I look and I pull the curtain back, it's things like this. If 401k socks, right, people are trapped with sucky, 401ks, or sucky options in their 401k based on whatever reason that their company has determined that they're not smart enough, or they're not wise enough to handle a brokerage link tied to their 401k.

(12:24): I think that's sad. I see medical professionals allowed to do it. I see certain other companies allowed to do it, but it's, you know, and a lot of the risks sometimes comes back on the employer because they are in fact a fiduciary. So like if you're an employer and you know, your employees are not responsible to handle a brokerage link, you know, you would be like committing suicide to add it. But in some cases, you know, I've seen brokerage links added where they allow mutual funds, more mutual funds than just in the single plan, you know, up to 4,000 mutual funds. These people can choose from in the brokerage link. And I think certain band guard allows it, but it just really depends on the employer. And so if you're allowed to have a brokerage link, that's a very phenomenal thing. And then I can manage that for you as I've done with a lot of my clients.

(13:12): And we've seen some phenomenal results by being able to invest in actual stocks in the market. And the neat thing is, is we can buy and sell without having to pay long-term capital gains. And also, you know, there's some other neat features inside of their plan. And so performance, performance, performance, we are in a phenomenal market. I have no idea how long it's going to last, but we need to take advantage of opportunities based on the level of risk. And you know, if you're out there and you are looking to retire the next five to 10 years, you got to get in contact with me. I really think there's a lot of things coming down the pipe, and we really need to get ourselves prepared to walk away from a job that is no longer serving us a job or a situation that is draining us.

(13:55): You know, we want to live our best life. And if we haven't already lived our best life, maybe that's something we can do and start to maybe volunteer or, you know, start our own business or start something that really helps the community and maybe giving back to the community. So I want to be able to put you in position to do that and wrap it or retire is something that I have designed to help get us there. All right. So thanks for tuning in performance, performance, performance goal, you evaluate your holdings and if you don't like what you see, or you just want me to look at things and see if we can do better. Let me know. (808) 521-4401. And until next time everybody, one, two, three, let's get it.

(14:41): This is ThePodcastFactory.com.

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