052: Change Is Coming
Healthy Wealth
Erik shares the changes with the show in the coming month such as a name change. His purpose is to provide you with the tools that are going to help you the most which is why some changes to the show are coming. There will be a new name which will be announced soon.
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051: Dr. Lindsey Marvel | Our Vision Reflects What We See or Don’t See
Healthy Wealth
Dr. Lindsey Marvel, optometrist describes getting into the field which was not widely accepted by her family even though she is a doctor. The focus she had growing up was on sports, especially tennis as she was a highly ranked tennis played that led to a collegiate career and school was secondary.
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050: Not All Financial Education is Created Equally
Healthy Wealth
Erik Smith shares a story of a conversation he recently had with an individual who studied finance and daily trades in the market. It was interesting to find that the individual was not aware of different financial concepts.
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049: Kristi Lee Cronin | Curing Heartache Literally & Figuratively
Healthy Wealth
In this episode of Fitness & Finance, Kristi Lee Cronin, Cardiology Nurse Practitioner shares how she got into the field of nursing and the challenges that came along the way. Her story is inspiring because it shows that persistence pays and we cannot avoid the things that are on our hearts.
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048: Take Advantage of Every Moment in Life
Healthy Wealth
Erik talks about the news of Kobe Bryant’s death and what it means to him and the lessons learned from the tragedy. Unfortunately it takes tragedy to bring people together and appreciate one another as we need to tell people how we feel about them always because we do not know how long we are going to live.
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047: Vee Khuu | Into The Real Estate Lab
Healthy Wealth
In this episode of Fitness & Finance, real estate investor Vee Khuu shares his experiences getting into real estate investing as an immigrant from Vietnam in the midst of the 2008 financial crisis, the benefits of investing out-of-state, tax liens & more.
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046: The Winning Stages-Magic Mirror
Healthy Wealth
Erik shares a story about a mentor of his who shared the stages of why people are successful and also why they fail. Most people become successful and do not know why, which keeps them from having continued success. Others also do not understand why they fail. Erik shares a personal story relating to his health and fitness journey of success and failure.
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045: Aimee Carlson | Terminating the Toxins in Our Lives
Healthy Wealth
In this episode of Fitness & Finance, Aimee Carlson, entrepreneur and host of podcast, The Toxin Terminator, shares how she began her journey of eliminating toxins from her life, some useful first steps you can take today and more.
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044: Taking Action Before It’s Too Late
Healthy Wealth
Erik shares stories that have impacted him in his career, whether good or bad. He discusses a time when he was in a situation with a client and could help them but was not able to.
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043: Jason Priest | Transforming the Dad Bod
Healthy Wealth
In this episode of Fitness & Finance, Jason Priest, Founder of Dad Bod Health and a Registered Nurse, shares how he chose to change his pattern of bad health decisions, how nursing school led to his entrepreneurial journey, the importance of stepping outside your comfort zone and more.
info_outlineEPISODE HIGHLIGHTS:
- Erik shares a story of a conversation he recently had with an individual who studied finance and daily trades in the market.
- It was interesting to find that the individual was not aware of different financial concepts.
KEY POINTS:
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Erik revisits the rule of 72, the compound interest formula where we take the number 72 and divide it by the interest rate we earn on our money and it equals the number of years it will take our money to double.
72 / % rate = # years money will double
- Erik also talks about the indexing strategy where our money is not in the market but is based on market performance and we get the growth but are protected from the downside in case the market goes down. He brings up index funds which people are familiar with where a mutual fund is composed of specially the S&P 500.
RESOURCES MENTIONED:
- Schedule a time to talk with Erik.
- Find Erik on Instagram, Facebook, LinkedIn and Twitter