Have you ever noticed that the published 3 year, 5 year and 10 year annualized returns on your mutual funds and investments often show 10%+? I’ve always found this interesting […]
Index To Wealth Advisor Content
Wealth Advisor, regardless of your earning potential, we all need to learn how to manage our wealth. Many of the articles below will give you concepts and ideas to marinate over. Start thinking about how you need to manage your wealth. What areas do you need to learn about? Do you need help designing and implementing a financial plan? A wealth advisor maybe what is needed to help get you over the planning hump? Are the rich wealthy by accident or design? Request a consult and learn more today.
Starting An Investment Program – Part One
This week, Paul Nichols, the president of Financial Abundance asks everyone a question. Would you rather have $1,000,000 or the value of a penny that doubled everyday for 30 days? […]
Financial Advice for Newlyweds
This week, Paul Nichols, the president of Financial Abundance posts a very special video blog. Financial advice for newlyweds is very important and these tips can help anyone start off […]
Personal Responsibility
Paul goes on a rant about personal responsibility and the excuses that exist due to a lack there of.
The Critical Mind-Set for Harnessing the Power of Free Markets
Markets are random and unpredictable. But why? This week Paul and Luke dive into this topic and explain why you can’t predict the market.
If Something You Thought to be True, Wasn’t True…
It is difficult to get the right solution when you start out with the wrong premise. If we center ourselves in a false belief system, we become what we believe. An example of that false belief system existed until 1954. It was common belief that no human could run a mile in less than four minutes and live to tell about it. Medically, it was believed at that time that to attempt to run a mile in less than four minutes would bring about certain disaster to the human body. No one in the history of mankind was ever timed running a sub-four minute mile… no one, that is, until Roger Banister. On a sunny Saturday morning, the young Englishman defeated a belief system and certain death by running one mile in 3:59:40.
Tax Cuts and the Rich
A common misconception is that tax cuts are for the rich. This is nothing more than political “get-me-re-elected” talk. It is obvious that the rich make up such a small portion of the tax paying population, the politicians view this as a small group of voters. There are more poor, middle class, and upper middle class voters than there are rich voters. So don’t be surprised when a politician favors the area where there are more voters. The tactic is as old as dirt. Divide and conquer, blame someone else for your problems, so you will vote for them. These are not poor or middle class people running for office. Remember, these people will spend millions to get elected to a position that pays a couple of hundred thousand dollars a year. Makes sense, right?
The Lies My Broker Taught Me
Paul and Luke discuss the book that Paul co-wrote. They go over the 5 Deadly Investor Mistakes and some of the 101 truths.
How Can You Make Debt Work for You?
Paul inteviews Brian Allen from Capital Mortgage. They talke about arbitrage, prefered debt vs. no preferred debt and how to take money out of your IRA with out a tax concequence.
Breaking the Cycle Investors’ Dilemma’s
For most investors, the Investors’ Dilemma remains undefined and continues over a lifetime. The first step toward operating outside of this cycle is becoming aware of it and you have already done that (if you haven’t done that read the previous blog “Understanding the Investors’ Dilemma”). The next step is to choose an investment philosophy in which you believe. An investment philosophy is made up of three fundamental principles: your True Purpose for Money, your Market Belief, and your Investment Strategy.
Investments: Fees, Costs, Commissions?
From the desk of Paul Nichols: President of Financial Abundance Inc.
When it comes to making investment decisions, many consumers know they are ill prepared to do it themselves. That’s why you’re smart to turn to a financial advisor for help. A talented, dedicated advisor can help you develop a portfolio that’s suitable and appropriate for your situation, one that’s designed to meet your goals and can generate higher returns at lower risks– and with less work– than you are likely to obtain on your own.
Wealth Advisors: You Don’t Know What You Don’t Know
From the desk of Paul Nichols: President of Financial Abundance Inc.
I originally heard the question why not you, why not now in 1992 at a business function. The billionaire Richard DeVos was speaking, where afterwards I had an opportunity to sit down and spend some time with him.
Welcome to Financial Abundance
Financial Abundance, headquartered in State College, PA, is a Registered Investment Advisory Firm whose founder Paul Nichols is known as the “Investor Coach”.
FA (Financial Abundance) is a full-service investment, retirement and estate planning firm. We operate under the core belief that education plus understanding leads to clarity and confidence that can result in peace of mind.
Our site includes both audio and visual content and is designed with an educational component. You will notice an array of links to the left under Primary links; specifically Weekly Clarity Coaching and Podcasts.
– Under Weekly Clarity Coaching you will find two to five minute subject-specific videos that have been featured on NBC affiliate WJAC-TV Channel 6. These educational videos were produced with the intent to clarify financial subjects.
– Under Podcasts we have approximately three to four years of recordings from Paul’s syndicated radio show, It’s Your Money (now available on iTunes).
Please take advantage of some complimentary coaching using the “Ask the Coach” link where Paul answers questions about the content in our site and how it may apply to you. For those of you with general questions, please use this same link to send a question and/or comment to the Coach.
You don’t know what you don’t know.
Coaching vs Planning
Does the information from the Financial Services industry leave you confused and bewildered? If someone really could accurately predict market movement on a consistent basis, what would be their motivation for telling you? If what you thought was the best way to invest in the market turned out not to be…when would you want to know?