May 9, 2023
In this episode, The Annuity Man and Martin Parlato discuss:
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Why it’s important to appoint the qualified
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Cryptocurrency is “craptocurrency”
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On Facebook, TikTok, and Twitter
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Don’t get fancy, and don’t panic
Key Takeaways:
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A person’s identity or politics is entirely irrelevant compared to how competent they are for the job they are given; that’s what matters. People who are appointed to powerful positions should be qualified.
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Cryptocurrency is still “craptocurrency” for Marty. He doesn’t follow it, use it, or believe in it. The government doesn’t seem to have any plans to regulate cryptocurrency, and it’s harming people who see it as a way to get rich quickly and lose a lot of money.
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The government won’t be able to break up Facebook or TikTok because, ultimately, people love these apps, and many politicians use them for their re-election.
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From an investment standpoint, don’t get fancy. Invest in products that you understand. Don’t panic; invest for the long term.
"No two of my clients have the same portfolio, and why would they? They all came on at different times. They have different goals and aspirations. So you can't make a blanket assumption of what our returns are. But they're very significant." — Martin Parlato.
Connect with Martin Parlato:
Website: https://www.lighthouseretirement.com/
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
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