My Pitch To Clients As A Financial Advisor During A Market CRASH!
Advisor Secrets Newsletter: josholfert.ck.page/2fad371c0a
Today we talk about the 2022 market crash, looming recession, and how I am preparing for it as a Financial advisor!
Instagram: / josh_olfert
Twitter: / josholfert
Haven Wealth Management: www.havenwealthmgmt.com/
Josh Olfert is a professional CFP financial advisor and the Founder of Haven Wealth Management investment fund based out of Winnipeg Canada. Through this channel Josh shares his knowledge of wealth accumulation and personal investing to the world, in an effort to improve financial literacy and help everyone achieve their financial goals.
All numbers and figures discussed in this video are purely for illustrative purposes and are not to be taken as financial advice.
Пікірлер: 47
This man just gave us Macro economics 101 in 11 minutes
Just switched over to working as a RIA ! Love your candid content
Josh! Your channel is awesome man. I aspire to be like you! I just passed my SIE, graduate university of central florida in spring. Starting a job at Charles Schwab in November. I’d LOVE to hear some more things abt the advisor business (finding a niche, how a day to day goes as an advisor). I’d love to keep in touch, keep doing great!
@steffendziczek2505
Жыл бұрын
Congrats on all your success Andrew!
@JoshOlfertCFP
Жыл бұрын
Let's go! I've taken a bit of a break but I'll be back shortly.
The calculation of how much of a client's investible cash should (theoretically) be put into the market when it drops 20%, 30%, 40% (from a 'high point') (assuming their long term asset allocation isn't to be 100% cash, but to have some growth investments in their portfolio) is very interesting. For clients fully invested, is there a similar calculation for exiting and moving to some cash holding as the market rises during a bull run? Probably wouldn't start selling off as the market rises 10%, 20% etc from a market low point, but perhaps when the market starts to go into 'bubble mode' rising above the long term trend line there might be merit in adjusting asset allocation from shares to cash (or bonds) as market rises to 10%, 20%, 30%, 55% above the 'long term trend'? How would this compare to the usual "buy and hold" recommendation (since most financial planners aren't in the game of attempting market timing or short-medium term trading/asset allocation adjustments).
That was mind blowing Josh!! Thank you. Do retail investors in Canada have access to unit trusts, money market funds, fixed income investments?
great video & content! thanks for sharing!
@JoshOlfertCFP
Жыл бұрын
Thanks Luke!
Great video! Could you explain if this advice to your clients only applies to spare cash to be invested, aka dry powder, or does it imply that you sell assets at a certain stage and then reinvest based on EV? If so, what indicators tell you to do so?
@JoshOlfertCFP
Жыл бұрын
Mostly a dry powder argument!
Amazing video! Please where do you get your data from?!!?
Hello Brother Josh Olfert, i'm your loyal subscriber. I have Some Questions for you to answer. I'm a new Financial Advisor aka a Life Insurance Agent. What Transformations & What End Results do the customer wants , needs & hopes after purchasing Life Insurance Products like Estate Planning (Life Insurance), Wellness Planning (Health Insurance + Critical Illness Insurance), Child Education Planning (Education Insurance), and Retirement Planning (Retirement Insurance) ? I'm looking forward to hearing from you soon. Thanks Brother 🙏
Amazing Value!!
love your videos! thanks josh! just an fyi, volume level of the video is super low compared to others. might want to make sure your audio is compressed and gained up properly.
@textme2711
Жыл бұрын
Hit me up👆I've got something essential to share ⬆️....
More videos like this would be great 👍
@JoshOlfertCFP
Жыл бұрын
Thanks for the feedback!
Great video very informative to a new advisor trying to learn the ropes .
@JoshOlfertCFP
2 жыл бұрын
Love it!
@user-dt2wz1oc2h
Жыл бұрын
Inbox 👆👆 Share your thoughts and suggestions now 💬and given out the opportunity to chat with my lovely subscribers just for today let me know your point views and also know if I can be of help in anyway...
Can you show the math and how you were able to get the "Recovery Gain" illustration, please.
Keep going Josh very helpful content in your videos
@JoshOlfertCFP
2 жыл бұрын
Thank you!
@user-dt2wz1oc2h
Жыл бұрын
Inbox 👆👆 Share your thoughts and suggestions now 💬and given out the opportunity to chat with my lovely subscribers just for today let me know your point views and also know if I can be of help in anyway...
Love it. “Just stay the course and everything will be fine” 😂
@JoshOlfertCFP
2 жыл бұрын
If I had a dollar …
Hey Josh, do you rent an office space or do you do it all through zoom? If no office, do you ever meet clients in person? If so, where do you do this?
@JoshOlfertCFP
2 жыл бұрын
Pre-Covid it was always an office! Either an old institutional office when I worked for a fund dealer, then a shared co-working space when we launched, then a nice space downtown. Since Covid we've been remote but most client catchups we do at their house/coffee shop/fav restaurant.
Explain why you're taking a break. How are you dealing with your clients at this point? I'd love to know
Hay quá
Hi Josh, where's your original pitch to clients video? Was looking to review.
@JoshOlfertCFP
Жыл бұрын
Update on what's going on coming soon! Thanks for bearing with me.
@killerXover707
Жыл бұрын
@@JoshOlfertCFP thanks for the reply mate! Looking forward to it
I doubt this strategy will be robust going forwards.
Great explanation
@JoshOlfertCFP
2 жыл бұрын
Glad it was helpful!
@user-dt2wz1oc2h
Жыл бұрын
Inbox 👆👆 Share your thoughts and suggestions now 💬and given out the opportunity to chat with my lovely subscribers just for today let me know your point views and also know if I can be of help in anyway...
"the price of any investment in the world is equal to the current profits of that investment" Bitcoin doesn't have any profits or cash flow 🙂
@JoshOlfertCFP
Жыл бұрын
🎯
Can i get your mail?
@JoshOlfertCFP
Жыл бұрын
joshtolfert@gmail.com
Investing in crypto now should be in every wise individuals list, in some months time you'II be ecstatic with the decision you made today.
@paganohiggins3818
Жыл бұрын
Most intelligent words I've heard
@sherrymildred4716
Жыл бұрын
That's why you need to trade with the help of a professional like Expert Williams Brown
Hey Josh! Huge fan of the channel, I send you a message on Instagram. Can you please reply when you are available? Thank you!
@user-dt2wz1oc2h
Жыл бұрын
Inbox 👆👆 Share your thoughts and suggestions now 💬and given out the opportunity to chat with my lovely subscribers just for today let me know your point views and also know if I can be of help in anyway...