Podcast

Make Your New Year’s Resolution to Attend American Dream Experience

Join Jim Rosetti and Margaret Wittkopp in this episode, they ADX or the American Dream Experience.  Creating resolutions around finances are common in the new year. Do you have any that involve your financial future?

Listen in as they discuss what to expect from this 2-day in-person experience and the follow-up Zoom discussion and how it can change your future for the better.

Highlights

(1:29) American Dream Experience, April 1-2 in Eau Claire, WI

(3:40) An 18-hour investment is likely to have a huge payback in your financial knowledge

(5:20) Many of us work later in life than ever before

(6:30) What is your true purpose for money

(7:15) The academic principles of investing

(7:35) Human behaviors and your money

(9:00) Their is a focus on family or couple involvement

(12:15) Learn about ‘what to know’ about the industry and yourself to be an objective investor

(15:00) Living the life you love

(15:30) Book offer: The Dirty, Filthy Lies My Broker Taught Me and the 101 Truths of Money and Investing

(17:27) Is the ADX invitation for you? Yes!

(21:20) Get armed with the facts and fundamentals of investing

(24:38) Invitation to the American Dream Experience Special Introduction

 

Key Links:

Veritas Financial Services, LLC Website: http://veritasinvesting.com/

Two-day seminar provides an extraordinary financial education opportunity called the American Dream Experience (Event link)

Veritas Financial Services extends invitations to everyone to our educational presentations.

Have a most prosperous 2022

Join Jim Rosetti and Margaret Wittkopp in this episode, they discuss prosperity and abundance in 2022 and how to get it for you and your family.

Listen in as they chat about ‘making the most of it while we are here’ and defining abundance.

Highlights

(2:30) Abundance and prosperity, a Veritas tenet

(4:45) Success and abundance is created

(5:10) Taking stock in 2022

(7:24) Creating a business plan for your life

(8:24) Live life according to your purpose

(10:24) The mindset of abundance

(16:52) Finding your formula for abundant success

(18:30) Listen cautiously to media as the markets move up and down

(21:14) An engineered portfolio helps to ride out market flucuations

(23:37) American Experience Invite

 

Key Links:

Veritas Financial Services, LLC Website: http://veritasinvesting.com/

Two-day seminar provides an extraordinary financial education opportunity called the American Dream Experience (Event link)

Veritas Financial Services extends invitations to everyone to our educational presentations.

How to avoid the money trap at Christmas

Join Jim Rosetti and Margaret Wittkopp in this episode, they discuss Christmas and money.

Listen in as they discuss valuing relationships over money but realizing that Christmas brings not only joy but also higher expenditures than some of us are comfortable with.  They have tips for approaching this holiday.

Highlights

(2:40) The American Dream Experience in Eau Claire, WI in April of 2022

(6:16) Tis the season – the commercialization of Christmas

(8:25) Valuing relationships over money

(12:00) Reducing spending, guilt, and procrastination by infusing love and joy into your choices

(20:29) Education IRAs and tax breaks

(25:40) Plan ahead to steer clear of impulsive decisions

 

Key Links:

Veritas Financial Services, LLC Website: http://veritasinvesting.com/

Two-day seminar provides an extraordinary financial education opportunity called the American Dream Experience (Event link)

Veritas Financial Services extends invitations to everyone to our educational presentations.

Truth #42 – Easy Lie — Hard Truth

Join Jim Rosetti and Margaret Wittkopp in this episode, they discuss the two worlds of investing.

Listen in as they discuss prediction syndrome vs. robust, empirically tested, academic investing. They challenge the truths you thought you knew – specifically that investing involves choosing the right stocks at the right time to build your portfolio. See if you can determine the language and methods used for predication syndrome.

 

Highlights

(4:45) Do you prefer the easy lie or the hard truth?

(6:33) Path of least resistance is an easy road to walk down

(7:48) Clue: Examine high turnover rates in your portfolio

(9:00) Invite to Empowered Investor Series presentations

(10:12) Clue: The claim that experts can beat the market

(11:50) Some hard truths

(12:40)  The investment industry is set up for its own well being

(14:05) Buyer beware and be aware

(15:52) Clue: Forward-thinking language equates with speculation

(17:05) Diversification is your friend

(18:45) Be empowered and educated, the American Dream Experience invitation

(21:13) Clue: Good stories are most likely too good to be true (cryptocurrency and commodities)

(23:54) Have a solid financial plan that you understand

 

Key Links:

Veritas Financial Services, LLC Website: http://veritasinvesting.com/

Two-day seminar provides an extraordinary financial education opportunity called the American Dream Experience (Event link)

Veritas Financial Services extends invitations to everyone to our educational presentations.

Myths of Investing

Join Jim Rosetti and guest host, Jeremy Burri in today’s episode, they discuss some of the myths of investing.

Listen in on this episode as Jeremy discusses three of the myths of investing; stock picking, track record investing and the true cost of investing.

 

Highlights

(3:45) Myth: stock picking is predictable by the right person or company

(10:00) Over time regulation has added more transparency to stock picking

(10:40) The right question to ask your advisor…

(11:36) Track record investing may be bundled into mutual fund design

(13:16) Myths look logical and appear as common sense

(14:40) Confusing skill and luck

(20:37) Myth: cost and expenses of investing are transparent

(21:50) Avoiding speculating and gambling with investing based on science and academics – Veritas and Matson Money

(23:00) American Dream Experience invitiation

 

Key Links:

Veritas Financial Services, LLC Website: http://veritasinvesting.com/

Two-day seminar provides an extraordinary financial education opportunity called the American Dream Experience (Event link)

Veritas Financial Services extends invitations to everyone to our educational presentations.

Commissions Work – But for Whom?

Join Margaret Wittkopp and Jim Rosetti as they continue exploring the two worlds of investing with the goal of transforming the investor experience. Today they discuss how commissions influence the ‘sales’ of investments and what that means to the investor.

Listen in on this episode as Margie and Jim contrast investor prediction syndrome versus a robust academically rooted investment philosophy.

 

Highlights

(6:12) Fiduciary vs. brokers selling you something

(9:20) In the best interest of the clients

(12:02) Alternate forms of investing

(17:20) Mutual funds and commissions

(18:45) Financial MRI – a deep dive into funds in your portfolio

(20:45) Your relationship to money – the behavioral science behind the money

(21:30) 20 Must Answer Questions for Investing

(23:50) Commissions set up a potential conflict of interest for an advisor

 

Key Links:

Veritas Financial Services, LLC Website: http://veritasinvesting.com/

Two-day seminar provides an extraordinary financial education opportunity called the American Dream Experience (Event link)

20 Must Answer Questions20 Must Answer Questions for Investing

Veritas Financial Services extends invitations to everyone to our educational presentations.

Is it too good to be true? Exploring Truth #75

Join Margaret Wittkopp and Jim Rosetti in today’s episode, they discuss Truth #75  from the book, The Dirty Filthy Lies My Broker Taught Me, If it is too good to be true, then it ain’t true.

Listen in on this episode as Margie and Jim continue their quest to transform the investment industry by transforming the investment experience, one investor at a time.

 

Highlights

(5:00) Annuities realities

(7:55) Truth #95 Abundance comes with a purpose

(8:26) Tell a good story, stories sell

(11:33) All risks are not created equal

(18:01) The Dirty Filthy Lies My Broker Taught Me

(19:40) Living a life of fulfillment

(22:02) Finding peace of mind with academic principles

(22:44) American Dream Experiences in January and April of 2022 – plan now

 

Key Links:

Veritas Financial Services, LLC Website: http://veritasinvesting.com/

Episode #115 – Annuities – What are they really?

Two-day seminar provides an extraordinary financial education opportunity called the American Dream Experience (Event link)

Veritas Financial Services extends invitations to everyone to our educational presentations.

Five Deadly Investor Mistakes

Join Margaret Wittkopp and Jim Rosetti in today’s episode, they discuss five deadly mistakes investors can make.

Control the controllable and let everything else just happen.  — Mark Matson, Matsonisms

Listen in on this episode as Margie and Jim explore ways to structure for success and let it happen.

 

Highlights

(2:00) Do you have confidence in your financial future?

(3:50) We advocate for scientific principles, shown over time and audited by a 3rd party.

(7:50) Mistake number one, too much money in one stock or asset class

(9:11) Number two, mistaking portfolio activity for control

(11:40) Valuing financial gurus, past performance, and the cost of turnover

(12:51) Using a mantra like this, “I’ll stop when I get even”

(14:00) And, seeking individual stocks or indicies, the perfect time or valuing, not rebalancing

(13:35) Empowering today’s investor

(18:00) MorningStar ratings study

(19:40) Conflicts of interest and fiduciary responsibility – Violation Tracker

(22:54) Case for diversification and the application

 

Key Links:

Veritas Financial Services, LLC Website: http://veritasinvesting.com/

Two-day seminar provides an extraordinary financial education opportunity called the American Dream Experience (Event link)

Veritas Financial Services extends invitations to everyone to our educational presentations.

Lie Number 4 – Track Record Investing Works

Join Margaret Wittkopp and Jim Rosetti in today’s episode, they discuss the risks of using track record investing as criteria for choosing an advisor or funds to invest in your financial future.

Returns come from the market, not the manager.  — Mark Matson, Matsonisms

Listen in on this episode as Margie and Jim explore investor prediction syndrome.

 

Highlights

(2:00) Listener’s Corner

(3:30) How to find an advisor? Try Wealthramp.

(5:00) The past does not predict the future.

(5:50) MorningStar ratings… star gazing?

(7:40) SPIVA scorecard reports recent benchmarks

(10:09) Using past performance and forecasting is tantamount to gambling

(10:59) Empirically tested academic principles has demonstrated the opposite

(13:35) Empowering today’s investor

(16:15) American Dream Experience – investing in education

(19:40) Conflicts of interest and fiduciary responsibility – Violation Tracker

(24:30) Active management is really hyper-trading and filled with costly fees

 

Key Links:

Veritas Financial Services, LLC Website: http://veritasinvesting.com/

Two-day seminar provides an extraordinary financial education opportunity called the American Dream Experience (Event link)

Wealthramp – Wealthramp is an SEC-registered referral service that connects consumers with rigorously vetted and qualified fee-only financial advisors.

Violation Tracker – Violation Tracker, produced by the Corporate Research Project of Good Jobs First, is a wide-ranging database on misconduct by large and small corporations.

Veritas Financial Services extends invitations to everyone to our educational presentations.

Lie Number 2 – Market Timing Produces Greater Returns

Join Margaret Wittkopp and Jim Rosetti in today’s episode, they discuss the risks of timing the stock market.  Mark Matson of Matson Money will tell you this:

If you build your portfolio to last for 20 years, you don’t have to worry about the next 20 months.

Listen in on this episode as Margie and Jim explore the misconceptions of market timing.

 

Highlights

(3:31) Listener’s Corner – Inherited Stock

(11:40) Market timing works…well, it doesn’t. This is lie number two.

(13:50) Market timing is a fools’ game

(15:00) The likelihood of a well-diversified portfolio losing everything is unlikely

(15:50) American Dream Experience invite

(16:15 ) Who does make the right guesses for stock market success?

(17:20) There is no predicting the future

(19:00) Dealing with market ups and downs

(22:00) Should the News affect your investment decisions?

(23:30) Using a financial coach to help maintain a disciplined investment approach

 

Key Links:

Veritas Financial Services, LLC Website: http://veritasinvesting.com/

Two-day seminar provides an extraordinary financial education opportunity called the American Dream Experience (Event link)