Host John Chapman of the John Chapman Show provides listeners with an informative history of the financial services industry. If you were an investor over the last 50 years all the way up to today. This discussion covers who you were dealing with and how you were dealing with them in terms of how you were saving your money. 



Episode Highlights:
        What are the two major stock exchanges?
        What years were the two major stock exchanges established?
        When you read the news, what are the three most typical indexes that are quoted or referenced? 
        Which of the two exchanges is also an index? 
        Which index is cap-weighted (capitalization-weighted) and which index is price-weighted? 
        If you were 30 in 1970 with $10,000-$100,000 to invest, who were you investing with and how were you investing? 
        Why is ‘stockbroker’ no longer relevant term? 
        What was involved in the era of mutual funds?  
        The internet and technology took hold in the 1990s, opening up for discount brokers. 
        What brought on the reign of the financial advisors that replaced the stockbroker in the 2000s? 
        The robo advisor began after the 2008 financial crash? 
        What are the four main providers in financial services?
        John Chapman shares the answers to the previous trivia questions 



3 Key Points:
    Eight years at Merrill Lynch and Fidelity Investments taught John Chapman what investing was like for the ‘baby boomer’ generation before him over the last 50 years. 
    The value that financial advisors can add includes planning for future goals, avoiding pitfalls, staying diversified, and having a confidant to trust. 
    The four main providers in financial services are insurance companies, banks with wealth development divisions, current discount brokers, and a registered investment advisor. 

 

Tweetable Quotes:
    “‘Pension’ just simply means a paycheck to you after you are no longer  working, and it’s usually a portion of your paycheck .”– John Chapman
    “The best way to stay diversified is through a mutual fund. This is where a company would package up hundreds, maybe thousands of stocks.”– John Chapman
    “The financial planner for today is so much more akin to a doctor or pediatrician.”– John Chapman

 

Resources Mentioned:
Linkedin: John Chapman

Host John Chapman of the John Chapman Show provides listeners with an informative history of the financial services industry. If you were an investor over the last 50 years all the way up to today. This discussion covers who you were dealing with and how you were dealing with them in terms of how you were saving your money.&nbsp;

Episode Highlights:
<ul>
<li>&nbsp; &nbsp; &nbsp; &nbsp; What are the two major stock exchanges?</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; What years were the two major stock exchanges established?</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; When you read the news, what are the three most typical indexes that are quoted or referenced?&nbsp;</li>
</ul>
<ul>
<li>&nbsp; &nbsp; &nbsp; &nbsp; Which of the two exchanges is also an index?&nbsp;</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; Which index is cap-weighted (capitalization-weighted) and which index is price-weighted?&nbsp;</li>
</ul>
<ul>
<li>&nbsp; &nbsp; &nbsp; &nbsp; If you were 30 in 1970 with $10,000-$100,000 to invest, who were you investing with and how were you investing?&nbsp;</li>
</ul>
<ul>
<li>&nbsp; &nbsp; &nbsp; &nbsp; Why is &lsquo;stockbroker&rsquo; no longer relevant term?&nbsp;</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; What was involved in the era of mutual funds?&nbsp;&nbsp;</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; The internet and technology took hold in the 1990s, opening up for discount brokers.&nbsp;</li>
</ul>
<ul>
<li>&nbsp; &nbsp; &nbsp; &nbsp; What brought on the reign of the financial advisors that replaced the stockbroker in the 2000s?&nbsp;</li>
</ul>
<ul>
<li>&nbsp; &nbsp; &nbsp; &nbsp; The robo advisor began after the 2008 financial crash?&nbsp;</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; What are the four main providers in financial services?</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; John Chapman shares the answers to the previous trivia questions&nbsp;</li>
</ul>

3 Key Points:
<ol>
<li>&nbsp; &nbsp; Eight years at Merrill Lynch and Fidelity Investments taught John Chapman what investing was like for the &lsquo;baby boomer&rsquo; generation before him over the last 50 years.&nbsp;</li>
<li>&nbsp; &nbsp; The value that financial advisors can add includes planning for future goals, avoiding pitfalls, staying diversified, and having a confidant to trust.&nbsp;</li>
<li>&nbsp; &nbsp; The four main providers in financial services are insurance companies, banks with wealth development divisions, current discount brokers, and a registered investment advisor.&nbsp;</li>
</ol>
&nbsp;
Tweetable Quotes:
<ul>
<li>&nbsp; &nbsp; &ldquo;&lsquo;Pension&rsquo; just simply means a paycheck to you after you are no longer&nbsp; working, and it&rsquo;s usually a portion of your paycheck .&rdquo;&ndash; John Chapman</li>
<li>&nbsp; &nbsp; &ldquo;The best way to stay diversified is through a mutual fund. This is where a company would package up hundreds, maybe thousands of stocks.&rdquo;&ndash; John Chapman</li>
<li>&nbsp; &nbsp; &ldquo;The financial planner for today is so much more akin to a doctor or pediatrician.&rdquo;&ndash; John Chapman</li>
</ul>
&nbsp;
Resources Mentioned:
<ul>
<li>Linkedin:<a href="https://www.linkedin.com/in/johnchapmannewportbeach/"> John Chapman</a></li>
</ul>

The John Chapman Show is your source for retirement strategies to help you better manage your time and money. Pre-retirees face some major headwinds: ultra low interest rates, high stock valuations, increasing healthcare costs and longevity, and the ever changing tax and estate laws. If you're planning to retire within the next 10 years, are you on track to attain financial independence? Host, John Chapman, is a CFP® and Partner at WorthPointe, a boutique wealth management firm helping clients get the most from life with the money they do have. For more information, you can check out www.thejohnchapmanshow.com. 

The John Chapman Show is your source for retirement strategies to help you better manage your time and money. Pre-retirees face some major headwinds: ultra low interest rates, high stock valuations, increasing healthcare costs and longevity, and the ever changing tax and estate laws. If you're planning to retire within the next 10 years, are you on track to attain financial independence? Host, John Chapman, is a CFP&reg; and Partner at WorthPointe, a boutique wealth management firm helping clients get the most from life with the money they do have. For more information, you can check out <a href="http://www.thejohnchapmanshow.com">www.thejohnchapmanshow.com</a>.&nbsp;

The John Chapman Show Podcast

Planning to retire in the next 5-10 years? Want to ensure you are retirement ready? 

The John Chapman Show is your source for retirement strategies to help you better manage your investing, tax, insurance and estate planning.  

Pre-retirees biggest risks lie in not just investing the wealth they’ve built, but also in maintaining an up to date and secure financial plan as life changes. 

As you make the final push in your working career, be sure to stay on track with your financial plan so that ultimately you get the MOST from life with the money you do have. 

Host, John Chapman, is a CFP® and Partner at WorthPointe, a boutique wealth management firm helping clients gain financial peace of mind.

Planning to retire in the next 5-10 years? Want to ensure you are retirement ready?&nbsp;
The John Chapman Show is your source for retirement strategies to help you better manage your investing, tax, insurance and estate planning.&nbsp;&nbsp;
Pre-retirees biggest risks lie in not just investing the wealth they&rsquo;ve built, but also in maintaining an up to date and secure financial plan as life changes.&nbsp;
As you make the final push in your working career, be sure to stay on track with your financial plan so that ultimately you get the MOST from life with the money you do have.&nbsp;
Host, John Chapman, is a CFP&reg; and Partner at WorthPointe, a boutique wealth management firm helping clients gain financial peace of mind.

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