Busting Financial Myths
Gary's Gulch
In this episode I tackle some common 'partial truths' that I hear from financial pundits and as concerns from clients who have encountered them and been sucked into their surface level statement. Context is huge, and understanding if these financial myths have any truth or apply at all to your situation is key to long term success. Please provide feedback if this episode was valuable or if you disagree - Highlights Lies vs. myths in finance. Misleading financial taglines. Whole life insurance expense debate. Liquidity during crises. Universal life insurance misconceptions....
info_outline
Finding Purpose and Growing your Ideal Tribe
Gary's Gulch
In this episode I replay a conversation I had for an upcoming Purpose and Cause book I'm writing with other graduate members of Tammi Brannan's Blueprint Process community. We discuss my unique purpose to help business owners, real estate investors and legacy-minded families grow their agency and freedoms. We also discuss a bit of my journey with God and how it has helped me gain focus and specificity on what I do, with whom I do it, and why. Highlights Never finish, always grow Importance of purpose Transformation through self-awareness Freedom through spiritual connection Letting...
info_outline
Life Lessons - Part 1
Gary's Gulch
I've been asked for years to do a podcast on Lessons from my unusual life's journey - Farmer, US Naval Academy, Nuclear Submarine Command, Joint Chiefs at the Pentagon, Real Estate and Financial Services. I'm also collecting materials over time to do a book, and this is the result - multi-part Life Lessons presentation across many podcast episodes with a current events flavor. Today we go over working hard at a young age and listening to divine guidance. Let me know what you think! Highlights Efficient Social Media Management. Launching a Pool Service Business. Teaching Sons Business...
info_outline
10 Commandments of Investing - Feedback from Jason Hartman's Empowered Investor Live event
Gary's Gulch
I provide quick takeaways from a fantastic real estate investing event I've attended for many years - Jason Hartman's Empowered Investor Live, and replay a classic training he did for the event many years ago, the 10 Commandments of investing that are as relevant today as they were 12 years ago. Highlights Powerful client relationships and building lasting connections. Revisiting insightful Meet the Masters event of 2012. Ten Commandments of Real Estate Investing. Cultivating and maintaining financial guidance leadership. Be your own best advisor in real estate. Importance of direct...
info_outline
Life Phases Part 3 - Legacy
Gary's Gulch
In this last part of our 3-part series on financial life we talk Legacy. I explain how legacy differs from generational financial wealth and how to sustain it long after you are gone. Some of it is about legal structures, but most is about setting the mindset and environment to perpetuate that mindset. Come listen in! Highlights Confidence in U.S. military leadership. Criticism of war profiteering. Establishing a lasting legacy. Rockefeller Trust and its purpose. Structure and adaptability of trusts. Importance of leaving a positive impact. Shared personal experiences for legacy. Hosting...
info_outline
Life Stages Part 2 - Income
Gary's Gulch
I provide a brief sneak preview of my trip report from visiting MidSouth home buyers in Memphis, TN, and Little Rock, AR. Then I discuss part 2 in our current 3-part focus series, the financial stages of life = Income. Highlights Arkansas: Landlord-friendly laws. Memphis rehabs and new construction. Income phase discussion. Transition to income phase. Trading assets for cash flow. Annuities and financial planning. Reverse mortgage benefits. Turning assets into cash flow. Importance of integrity in investments. Links and Resources from this Episode Connect with Gary Pinkerton ...
info_outline
Finances Phase One - Growth of the Assets
Gary's Gulch
In this first of the three-part series on financial phases of life in the 21st century, we focus on growing the assets - How, When and in What order. I also give a trip report from Miami and Vegas and a prelude to the many events I have coming across the US this year. I'd love to connect with you in person for masterminding, drinks or dinner and fellowship. Highlights Phases of adult financial life: growth, income, legacy. Longevity of growth phase compared to animal behavior. Concept of legacy beyond wealth. Importance of remaining in growth phase for mental health. Mindset of abundance and...
info_outline
Family Banking with Wade Reed - Part 2
Gary's Gulch
I start off with feedback on listener questions and comments and then dive into part two of my conversation with Wade Reed on his podcast Wealth Acceleration. We dig into the benefits of Paradigm Life's approach to Wealth Strategy that sets itself apart by occurring through a lens of Certainty, not chance. Highlights Age and life insurance feasibility. Whole life vs. term insurance. High premiums for older age explained. Misleading average annual returns. Real-life example illustrating return math. Whole life insurance as a stable asset. Balancing risk and control in personal finance....
info_outline
Navigating Financial Uncertainty with Wade Reed in Family Bank Part 1
Gary's Gulch
In this two part episode, I'm a guest on my friend and colleague Wade Reed's Wealth Acceleration podcast. We discuss how I got to this industry as a 30 year military veteran and someone with no financial expertise beginning from a scarce childhood in farming. It is a great conversation filled with lessons that hopefully will help you on your journey to Agency. Highlights Electric vs. Gas-powered car debate. Introduction to Wealth Acceleration Podcast. Gary’s military background and financial turning points. Impact of early financial struggles on mindset. Commanding a submarine and financial...
info_outline
Financial and Business Lessons - A Veteran's Perspective
Gary's Gulch
I'm often asked what I learned in the military, or at the US Naval Academy; commanding a nuclear submarine; or as a Division Director for the Pentagon Joint Chiefs. I'll get to those in dedicated future episodes that are in the queue, but today I want to address business lessons and what that shift from W2 earner in the military for almost 30 years to a sales career and business ownership taught me. I cover why I chose what I did and the keys to success that I learned. These are applicable to all aspects of living an inspired and abundant life - listen in and let me know if these nuggets...
info_outlineI describe two ways to look at using your current resources or advantages you have to pivot your personal life, your business, or both. First is reflection on Darren Hardy's recent Darren Daily episode on Time-Money-Wealth and using 2 of the 3 to obtain the other one. The second is similar and forms the backbone of our strategy at Paradigm Life: Cash Flow-Protection-Wealth. These three must all be in place in the end to ensure success, but you can use two of the three to achieve the desired result. However, history shows in most cases you cannot successfully use just one to get all three.
- Highlights
- Balancing life’s spinning plates.
- Periodic focus on different life priorities.
- Acknowledging the need for focus in business.
- Announcement of future in-person events.
- Key resources in life: time, money, skills.
- Darren Hardy’s point on resource management.
- Leveraging money and skills to save time.
- Personal anecdote: Being too business-focused.
- Example of hiring help to manage time.
- Transitioning topics to business strategy.
- Three financial keys: cash flow, protection, wealth.
- Time vs financial considerations in business.
- Importance of cash flow as the heartbeat of life.
- Cash flow’s role in avoiding poverty.
- Protection: Insurance and its critical role.
- Real-life examples of importance of protection.
- Leveraging insurance for financial stability.
- Strategic planning and asset management.
- Comprehensive financial statements for planning.
- Using Paradigm Life’s client portal for strategy.
Links and Resources from this Episode
- Connect with Gary Pinkerton
- https://www.paradigmlife.net/
- [email protected]
- https://garypinkerton.com/
- https://clientportal.paradigmlife.net/WealthView360
Review, Subscribe and Share
If you like what you hear please leave a review by clicking here
Make sure you’re subscribed to the podcast so you get the latest episodes.