Episode 60: Questions - a podcast by Fixed Cost Financial

Notes

Visit Dots.FM for today’s website notes

Today's first question comes from Jimmy, call me the Greek, in Boston. Jimmy phoned in and asked about wills and trusts. Jimmy explained that he is getting ready to retire and wants to know which is better, a Will or a Trust.

The difference between a Will and Trust

Probate versus Trust Administration

The Judge is in charge with probate

Master beneficiary designation

The importance of ART

Bad language, not specific, big problems

Tom Petty

Prince

Aretha Franklin

Michael Jackson

Amy Winehouse

Jimi Hendrix

Sonny bono

Kurt Cobain

Today's second question comes from Julie Ann, in Sarasota. Julie Ann used the online messaging program to ask the following. You have talked about Bobby. Big Bets on Big Ideas. Can you go into detail about what it means.

Focus on what is important

Family

Marriage

Parenting

Life Challenges

Faith

Social Issues

Business

One trick pony’s with affinity marketing, beware of the holy man who hugs and mugs

Mentor, online, in-person

Investing early, often, and the power of time with small amounts

Focus, Aware, Ignore

Like, Good, Profitable, Control

Links

None

Connecting Dots Schedule

Monday - Questions

Questions from clients and future clients of Fixed Cost Financial, Inc.

Tuesday - SWAT

Sudden Wealth Awareness Training

A discussion about sports and entertainment contracts, inheritance, litigation settlements, lottery wins, 401k, 403b, 457, deferred compensation, or lump sum pension distributions, and/or life insurance settlements.

Wednesday - Business

You are a lifestyle business and your lifestyle is business. If this describes you or if you want to think like a business person, Wednesday's podcast is for you.

Thursday - 3M

Tune in and tune up with our Minting Millionaire, Mature, and Monumental Mindsets. For all ages, incomes, net worths, education levels, occupations, races, sex, or national origin. These episodes are not suitable for buttercups or snowflakes.

Friday - Wrap

Reviewing people, places, and events from the past week and forecasting based facts, figures, and logical bets.

Saturday - Deep Dive

Buckle up and settle in for a deep dive into the world of connecting dots from those who do forecasting for a living. Deep dives are conversations that don't just tell a story but are designed to make one think beyond the traditional boundaries that hold many back. Unsettling, provocative, controversial, and sometimes weird, nothing is held back as patterns from chaos appear.

Sunday - Shows, Movies, and Videos

A relaxed review of a show, movie or video for the purpose of highlighting business principles. Listen to the podcast, take a few notes, and then watch with a different perspective. If you ever had a teacher or professor show a movie during class, the purpose was to engage and learn, not entertain and sluff off. Sundays are for learning beyond textbook based upon teachable moments in shows, movies, and videos.

Further episodes of Connecting Dots

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Website of Fixed Cost Financial