In this engaging interview, Paul talks with Stan The Annuity Man on his “Fun with Annuities” podcast. (https://www.stantheannuityman.com/). They discuss:

• The seven big things you need to know about investment
• Putting children on a glide path
• Avoiding market-timing
• Investing is simple



Key Takeaways:

• Figure out a way to identify what equity asset classes you should have and figure out how to put them together.
• Everyone needs a glide path, and in theory, it starts when a child is born. Parents and grandparents must immediately take steps to put their children on a glide path – all equities while they’re young and more fixed income as they get older.
• Don’t panic. If you want to be a successful long-term investor, you have to stay the course. Don’t market time; you might be able to avoid losses short-term, but you will pay the price in the long term.
• Investing is simple, but it takes faith in the system. It is easy to set it and forget it if you can keep your hands off the trigger. Winning in investing means thinking defensively, not aggressively.

Here are Stan’s notes:

Paul Merriman’s 60-year legacy of helping people with their money is unmatched. His “tell the truth” passionate approach should be the benchmark for all financial advisors and is the obvious foundation for the current march to all things fiduciary.

Talking to Paul is always a joy to me and a gift to my listeners and viewers. Whether he talks about a specific portfolio or his passion for helping young people be better investors, it’s inspiring, motivating, educational, and uplifting.

This podcast was absolute gold and should be replayed repeatedly if you are serious about your money. Paul went over the seven things you need to do right now with your portfolio. Some are no-brainers, and some are new. The good news is that they all are free. Everything on Paul’s site is free. The detailed portfolio recommendations are free. The weekly newsletter and PDF download of his latest book are free. Paul Merriman is a true “financial advice philanthropist.” He truly wants to help you be a better investor.

We discussed that young people believe crypto-currency is safer than the S&P 500. How much damage will damage to young people’s financial future? Paul weighs in with his take and possible solution to this crisis.

According to Paul, investing has never been easier. Investing has never been more efficient. Paul covers the unfortunate bad news. We also discussed that there are “many very good people who are doing bad things to the people who trust the good people. In other words, some bad advisors are giving bad advice. Paul and I weigh in heavily on this tragic topic.

Paul Merriman is a “national treasure.” I am having a ball and celebrating every extra day. Enjoy the podcast.

“You don’t have to be Warren Buffet to get exceptional returns; you just need to be in the types of asset classes that have historically paid the premium—it’s not about the price you pay, it’s about the value you get.” — Paul Merriman.

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Stan The Annuity Man is one of The Merriman Financial Education Foundation’s Truth Tellers, soon to be featured in our free twice-a-month newsletter. Subscribe now: https://paulmerriman.com/signup and get your free copy of our latest book We’re Talking Millions — 12 Simple Ways To Supercharge Your Retirement.

“Fun With Annuities® Podcast” is part of the wealth of resources available from The Annuity Man® who brings his “brutally factual blend of education and entertainment to the world of annuities.” Learn everything about the annuity category on your terms and time frame, with no sales pitches. Author of 7 books on annuities, The Annuity Man® will explain all annuity types in detail and dive deep into unique contractually guaranteed transfer of risk strategies that can be applied to your specific situation.