Conversations for Financial Professionals

3 Steps to Becoming a More Effective Leader - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Life and ...

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Podcast Title:  3 Steps to Becoming a More Effective Leader
Podcast Series: Financial Literacy Boot Camp
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* Empower people…provide inspiration that ignites a person’s internal motivation.

Strengths overextended become weaknesses.
No organization can rise past the level of the leadership’s constraints.


* Don’t push your agenda…look for buy-in and feedback from your team so they feel valuable also.  Use your natural charm or charisma to “present an idea” vs. “pushing an agenda”.

If you are a leader and you look up and no one is following you you were just taking a walk.

* Listen to perspectives but make your own decisions…be confident in what you believe or stand for and don’t be easily offended with alternative views.

 Some --- Send in a voice message: https://anchor.fm/dom-the-maven/message

Money & Psychology – Part 4 - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Life and with Your Money

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Podcast Title:  Money & Psychology – Part 4

Podcast Series: The Maven’s Keys to Financial Contentment
The Maven’s Keys to Financial Contentment is my idea that true financial contentment can be found when an overlap of money and beliefs occur.  Many people ask the question of how to be “financially content” and this is a discussion to uncover those answers.

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Part 1 – we discussed the 5 ways to spend money

Parts 2 & 3 – we covered the irrational behaviors that marketing can bring out in us when it comes to what we consuming a good or service.
Today, we will have some Big Ideas or (the “ --- Send in a voice message: https://anchor.fm/dom-the-maven/message

3 Reasons the Stock Market is So High - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Life and with Y...

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Podcast Title:  3 Reasons the Stock Market is So High
Podcast Series: Financial Literacy Boot Camp
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“Let’s set some common language about how the economy works” (2:56)

You should watch this at some point…#RayDalio #BridgewaterAssociates #Economics


* How does the economy tie to the current stock market highs?  (7:37)
Quick lesson on P/E ratios (price-to-earnings ratio) (9:34)
Are valuations of the current #stockmarket too high? (10:20)

(I talked about this in a previous block post here…)



Here are the 3 reasons I think the current #stockmarket is so high

Interest Rates (12:34)
Accelerated corporate borrowing (14:00)




(click for larger --- Send in a voice message: https://anchor.fm/dom-the-maven/message

Money & Psychology – Part 3 - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Life and with Your Money

Podcast Details:
Podcast Title:  Money & Psychology – Part 3

Podcast Series: The Maven’s Keys to Financial Contentment
The Maven’s Keys to Financial Contentment is my idea that true financial contentment can be found when an overlap of money and beliefs occur.  Many people ask the question of how to be “financially content” and this is a discussion to uncover those answers.

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So last week we covered 2 ways marketers have used tactics that influence us into decisions on how we spend our money. Go back and listen to episode 25 to play a little catch up as I want to move right into Part 3 discussing two additional tactics.
“Pavlovian” Association
“Pavlovian” Association -Th --- Send in a voice message: https://anchor.fm/dom-the-maven/message

Strong Considerations During Career Transition - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Life a...

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Podcast Title:  Strong Considerations During Career Transition
Podcast Series: Financial Literacy Boot Camp
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No matter how hard we try we all will be inevitably faced with a career transition–whether that be within the same company but a new position, a new company altogether or a complete career change and the ever so famous “starting your own business”. Having had my fair share of career transition I thought I’d share some of the things that successful career-changers have implemented.


Here’s a list for your “consideration”…
They consist of the following:



Consider Cash Flow

This is what will kill a new business quick if you are an entrepreneur. And it is not necessarily your business expenses, but your personal living expenses [that don’t stop] when you are --- Send in a voice message: https://anchor.fm/dom-the-maven/message

Money & Psychology – Part 2 - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Life and with Your Money

Podcast Details:
Podcast Title:  Money & Psychology – Part 2

Podcast Series: The Maven’s Keys to Financial Contentment
The Maven’s Keys to Financial Contentment is my idea that true financial contentment can be found when an overlap of money and beliefs occur.  Many people ask the question of how to be “financially content” and this is a discussion to uncover those answers.

Link to Show Episode


The 5 Ways to Spend Money
So last week we discussed the 5 ways to use money.  And I invite you to go back and listen because you’ll need context for today’s discussion.

Today I want to start uncovering some of the hubris that plays a part in that “manipulation”.   A lot of what I’ll be discussing going forward will be the synthesis of things IR --- Send in a voice message: https://anchor.fm/dom-the-maven/message

How Do the Rich Really Get Rich? - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Life and with Your M...

Podcast Details
Podcast Title:  How Do the Rich Really Get Rich?
Podcast Series: Financial Literacy Boot Camp
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Link to Latest Forbes 400 List

What is Systematic Risk?

So there is a term called systematic risk. And I have to cover this because it will give context on “how you get rich”. Systematic risk is the risk inherent to a “system”. Think of investing in the stock market and the risk that comes with investing in equities.  There are risks inherent to that type of investment that are unavoidable and non-diversifiable. This would be defined as the uncertainty associated with investing in this system.
This is not to be confused with “systemic” risk which is risk similar to the collapse of 2009 where subprime mortgages almost took down the entire --- Send in a voice message: https://anchor.fm/dom-the-maven/message

Money & Psychology – Part 1 - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Life and with Your Money

Podcast Details:
Podcast Title:  Money & Psychology – Part 1

Podcast Series: The Maven’s Keys to Financial Contentment
The Maven’s Keys to Financial Contentment is my idea that true financial contentment can be found when an overlap of money and beliefs occur.  Many people ask the question of how to be “financially content” and this is a discussion to uncover those answers.

Link to Show Episode

The 5 Ways to Spend Money

For the next few weeks, I want to discuss money and psychology.I’m going to begin this series with a concept I read in Ron Blue’s Book “Master Your Money”. And I’d like to use that as context to set up the first part of this discussion. He mentions a lot of things in this book and I highly recommend it for its principles and content.
There are 5 ways to spend money he says:
1) Tax Payme --- Send in a voice message: https://anchor.fm/dom-the-maven/message

Listening…The Advisor’s Best Tool - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Life and with Your ...

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Podcast Title:  Listening…The Advisor’s Best Tool
Podcast Series: Financial Literacy Boot Camp

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Link to ThinkAdvisor Article

The latest research suggests there are:


* over 400,000 advisors in the US
* over 164MM working adults (26-65) or “potential clients”


Based on these numbers, every financial advisor would have about 400 families to serve, and everyone wanting financial services would have an advisor and every advisor that wanted to serve clients would have plenty of clients to make a good living.


F --- Send in a voice message: https://anchor.fm/dom-the-maven/message

Financial Idioms and What They Might Really Mean… - Experiencing Financial Contentment with Dominique Henderson, CFP® | Get Better Results in Your Lif...

Podcast Details:
Podcast Title:  Financial Idioms and What They Might Really Mean…

Podcast Series: The Maven’s Keys to Financial Contentment
The Maven’s Keys to Financial Contentment is my idea that true financial contentment can be found when an overlap of money and beliefs occur.  Many people ask the question of how to be “financially content” and this is a discussion to uncover those answers.

Link to Show Episode


Today, our conversation is about the language we use around our finances. You may or may not believe that words are just containers for our emotional thoughts.  What we speak or say about something is truly how we feel it about.  Note:  Ever been around someone at Happy Hour and they start to reveal “TMI” (aka too much information)????

When it comes to our finances there are several things that we say or have heard --- Send in a voice message: https://anchor.fm/dom-the-maven/message