Panic With Friends - Douglas Boneparth of Bone Fide Wealth on Personal Finance, Personal Responsibility, and Perfect Hair

Panic with Friends – Investing for Profit and Joy

Today’s guest is a friend of mine, Douglas Boneparth – a financial advisor, and some would say if the Olympics had a hair category, a shoe-in to represent Team USA. Douglas works with younger clients in their 20's, 30's and 40's and has some great insights today into what that generation is thinking and worried about.

As long time listeners know, there are two fundamental things I believe with respect to money; Jim O’Shaughnessy’s perspective about young people being time billionaires, so get going and just steal from yourself and start investing – take it right off the top of your paycheck. Get started now.

The second thing is to find yourself an advisor, someone working for you and explaining how things work. I’m always recommending people speak to somebody – to find the right person, and Doug is at the cutting edge as an advisor. We cover some really good stuff, some important lessons, and hope 2023 will be fantastic for everyone. Enjoy!

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For more details on today’s conversation read on below…

Guest: Douglas Boneparth

Profile: President, Bone Fide Wealth

Where to Find Him: Twitter, Bone Fide Wealth, This is the Top, Bumble and Bumble

What's Douglas Panicked About? How he's going to get this day done when his kids are coming home in the next hour.

Related:

Bone Fide Wealth President Douglas Boneparth Joins Me on Panic with Friends to Discuss Financial Advice and Millennials

Show Notes:

• Introduction (00:39)

• Welcome Douglas (04:03)

• Doug’s best tweets (04:09)

• Tapping in to sentiment (08:34)

• Thought leadership and content creation (11:19)

• Doug’s hair routine (14:20)

• The secret sauce (16:50)

• Summing up 2022 (19:44)

• Number one concern for Millennials (20:35)

• Understanding a recession (22:06)

• Financial planning (24:46)

• Discipline and strategy (25:55)

• Returning to normalcy (27:49)

• Opportunity in 2023 (31:15)

• Rethinking your strategy (33:40)

• Longer cycles, shorter recessions (35:22)

• Tech in financial services (36:33)

• Personal finance is self-care (37:30)

• Good financial behaviors (38:53)

• Wrapping up (40:29)

• Closing thoughts (41:48)

© Panic with Friends, 2022. All rights reserved.

Host: Howard Lindzon | Producer: Knut Jensen | Researcher: Pete Weishaupt Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, or an offer to buy or sell any security. For full disclosures: https://howardlindzon.com/disclaimer/