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THE JOE SOTO PROJECT- WEALTH REBIRTH

Joe Soto

THE JOE SOTO PROJECT- WEALTH REBIRTH

A daily Business and Investing podcast
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THE JOE SOTO PROJECT- WEALTH REBIRTH

Joe Soto

THE JOE SOTO PROJECT- WEALTH REBIRTH

Episodes
THE JOE SOTO PROJECT- WEALTH REBIRTH

Joe Soto

THE JOE SOTO PROJECT- WEALTH REBIRTH

A daily Business and Investing podcast
Good podcast? Give it some love!
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Episodes of THE JOE SOTO PROJECT- WEALTH REBIRTH

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How do I make the best investment decisions? This is a question I often get from clients and especially prospects.Investors should consider the quality of information they receive and the sources.To invest, you need predictions and forecasts
In investing, biases can manifest in a variety of different forms.The first step is to recognize that we are all biased and must acknowledge this fact.As a financial planner, I assume I have a bias.Typical biases that I solve for are overcon
Inches from gold.Life has an interesting way of teaching us priceless lessons.The other day as I attempted to wash my car, I had an interesting reflection about persistence, perseverance, and, ultimately, achievement.Many times, I've given
Taking my goals from me to we...--- Send in a voice message: https://podcasters.spotify.com/pod/show/joesotoproject/message
Many times when I hear updates on the economy they seem to be a little shortsighted.In evaluating the economic outlook we must play the short game while keeping the long game in perspective.Many people don't realize the role Russia plays in
Every year I create a 12-month or 18-month plan.That plan is then driven by mini projects every quarter and followed by a weekly reflection.One of my mentors used to say you can't hit something you're not aiming for.Do you believe this is tr
Where is the thumbs-down button?We live in a culture of toxic agreeableness The problem with this formula is that NO is not only an option but necessary. Imagine if you said YES to every opportunity. I have often said yes to things that
We live in the information age.And, information could be converted to knowledge.But, knowledge is not wisdom.Today, I had a day where nothing went as planned.Life showed up on life terms.The reason why I feel this topic is important i
Many people want to know if we are in a recession or going into one and when.The challenge for most investors is they are looking for an absolute answer in a place with abundant noise.Wall Street is noisy, and by the time they announce that s
You may have heard of the 1% principle.The one person principle is directly related to wealth.The problem with the one principle is that it works to create or destroy progress.Additionally, the principle applies to many other areas of
FEAR TERROR LOSS DANGER BEWAREThese words are associated with the term RECESSION. These associations are responsible for financial mistakes that often cannot be erased.What if the word RECESSION was associated withOPPORTUNITY PROFIT A P
The way to prepare for the next recession starts with nine dots.Huh?That's right, nine dots.So, how do you connect these nine dots with four consecutive straight lines?Believe it or not, the answer is the key to preparing for the next r
What is the Federal Reserve?Is it Federal?Most people don't understand how the Fed works and often bet against it.Interest rates going up, down, or staying flat have financial implications that impact our money.Many find the ramifications o
People on Wall Street build investment models.When I don't use their model they call me a chimpanzee.Don't people "chimps" build these models in the first place?Statisticians and model builders downplay human judgment that is until the model
A client sent me this article a few days ago.What was your immediate reaction when you read this?It's disturbing. I got triggered. Did you?As a financial advisor for 14 years, I have trained myself not to react to these triggers and look at
People on wall street will tell you to follow the models.I believe models have their place, but we are not at a point when PCs will take over humans soon in the investing world.What happened to the models during the financial crisis?Whose ru
Let's put ten people in a room and ask them to come up with a decision.Person 1 tells person two his decision.2 tells 33 tells 4And on and on until we get to person 10.Person 10 now has the information of persons 1-9. Does that influence
We live in the age of information. This is supposed to be a good thing. Unfortunately, many investors don't realize that the market narrative and the thousands of financial opinions influence their mood.Think about it, how does your mood impac
Stock market noise is responsible for leading investors into costly, often irreversible decisions.The problem is that most people don't have the time or the know-how to navigate and understand noise and extract valuable information. In today'
Why is commitment so hard?Today I shot episode 61 of this new series in the podcast with the Joe Soto Project.At church over 2 months ago I had a conversation with God and I told him that I would shoot the podcast for 365 days. It's been
Why are we so quick to judge?The vast majority of financial advisors in the industry are not legally obligated to serve your best interest.Why do people continue to reward this behavior? Are they even aware that this is what they are doing?W
Why do people freak out during market volatility?I believe people don't understand volatility and panic.If we cant, understand somethingWe cant define itIt's no wonder when we see something we don't understand and can't define show up, we f
Sure there are many problems on Wall Street.One of the main issues I see is the lack of clear standards and a set of rules around serving investors.But, why is it that the bulk of the wealth in this country is invested in firms with advisors
Wall Street has unclear guidelines and regulations on how to serve clients.Vague guidelines lead to confused advisors and hurt investors.If your best interest is not 1st, then what is it?2nd, 3rd, 4th?Do they even care?Most people don't kn
Most people are unaware that financial noise makes them bias.The noise is not the problem. In todays episode we will discuss how noise leads to investor bias and what you can do about it to protect your loved ones financially...Join me in t
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