What John has in common with Nyquil(R)

ABOUT THIS EPISODE

On today's episode, Financial expert and Amazon best-selling author John Browning talks about how he helps clients sleep well at night regardless of what the market is doing. Learn more when you Connect with John by texting "LIFE" to 21000 or GuardianRockWealth.com.

Welcome to the build your life podcast with John Browning. Build your life as a relaxed and unedited conversation with financial expert and number one Amazon best selling author, John Browning Jones, the founder of Guardian Rock Wealth and serves clients across the United States. John's the author of the book build a life, not a portfolio, a guide to your financial future based on your personal values, which you can purchase on Amazon, or stay around to the end of today's show and I'll tell you how to get a free copy mailed right to your door. I'm Michael The lawn, your host for the next few minutes as we chat with financial expert and business owner John Browning. Well, John Browning, it is a fantastic Dan, little rock. How is it wherever you are it is looking up the window here, it is bright, sunshiny. There's a couple white fluffy clouds out there, but it is just a fantastic day. I love that. So around around here we just came out of...

...pollen season and it lasts for a few weeks and everybody's running around with, you know, running noses and big old eyes that are just terrible because the allergies and the causes people to have a hard time sleeping sometimes, you know, when you when you, when I was at kidding, you had to get a fever or something. I had a hard time sleeping. I needed something to knock me out, and so my mom would man, being the loving mother that she had, and she had this little bottle, this little drinking cup with his blue like liquid in it, right, and I would drink it and you and I know what it is. If you know, back in the day was called night will. It was the you know, sleeping medicine really for kids, all right, for adults too. It was amazing. I'm not sure what they had in that stuff. It was amazed got a good night's sleep. That really helped and I have you. Don't take this wrong, John, but I think you've got some things in common with night will. Not Dam I'm so cool and put people as sleep.

I was all when you want to go there? No, no, no. What I think you have in comedies that you help people get a good night's sleep because of the way you work with them in building a portfolio that will withstand ups and downs and really help them accomplish whatever it is they're after, helping them build a life, not just a portfolio. That's the name of your Amazon Best Selling Book. But I think that's what you have in common with those sleeping medicines is you help people get a good night's rest because they're not staying up all night worrying about the market or their portfolio or their town. Right, I'm on. Let's talk about that, about how you how do you help your clients get a good night's sleep night after night after night, because they're not having to worry about things. Talk to us about that. So there's a lot of things that go along without we talked a little bit about some of those and just our episode previous about how you You...

...keep the cash that you're going to need over the next six months, twelve months, eighteen months, so that you are not forced into any type of situation where you would have to sell something when it's in a downward cycle. Yeah, that's part of it. What kind of income producing securities are in your portfolios? And traditional bonds really haven't fit that role, wow, for over a decade. Yeah, and so what do you use in place of that? And then there's a lot of miss because there's a lot of advertising, right, there's a lot of advertising out there and always buy gold. You should buy some, you know, silver, platinum or whatever precious metal it is. That that they have the highest margin when they sell it. I think that's there's a that. Yeah, but they having their coffers. Don't buy goal because we don't sell bold, but we sell this. Right. There's a lot of misconceptions about what like precious metal does for your portfolio...

...and the fact that you know, you can see it, touch and feel it if you get it delivered to you, and that feels really good. I always said it would be just just so you know, it's very difficult to make change with gold. If you needed it to buy a loaf of bread. Yeah, I bet it would be. Yeah, so and and the other myth about that is that, you know, if you don't literally take it and put it in your mattress or you know, safe at home, you know you have carrying costs that they would charge you to store it and then, on top of that when you go to sell it, so you need to sell it the commission or the spread between what you can sell it at versus what they'll buy it at. Same thing as when you're buying it, they're buying it a lot cheaper and selling it to you a lot higher. I mean, that's how they make money, and it's not a small amount. Yeah, it's a very talk about, you know, a commission or anything else, that you're doing a fancial services, that the price...

...you pay for that metal is very high, kind of like college text books, right, UN exactly exactly can of got you over a barrel. There they do in the sell it back to them, they give you death. Maybe that's a whole nother discussions. Sorry, whole nother discussion, but those are just those are some of the ways that we can help you sleep at night. We can get rid of some of the myths that are out there and we can set up a portfolio very specifically designed for you and your or what's going to cause you to, you know, wake up with the middle of light and worry about it? What? What do you do in order to make you personally feel better and be able to sleep at night? And that's different for every one. Yeah, because we're all we're all different. Well, well, we are. And you know, just like they're different medications that you have to give to your case when they're sick, because they don't all, you know, relate well to. been a drill or whatever...

...you've got it. You've got to deal with somebody, work with somebody, and the thing I appreciate about John, and in your Guardian Rock Wealth, is you never come across as if you're pushing or selling a certain thing and you don't come across like you have, you know, your seven or eight portfolios that everybody has to fit into. In fact, I think in your book you talk about your process of how you spend the first one or two meetings with a perspective prospect or a new client, talking about them, understanding them and turning out. Where are they wanting to go and what what is their risk tolerance? That's one, but what are the dreams? are their aspirations? What are their desires? How do we help you get there? How do we help you not scrimp and save all your life just to get to retirement? To Die? Heaven Forbid, but that happens. How do we help you ble the line so you can have the hardly little convertible now and you'll have the like you want later? Right, and so it's having...

...that that counselor that that that coach. I guess that is that's how you present yourself. That's why I love you so much, as you just this is who I am and you just happen to be super knowledgeable about all these things that confuse the daylights out of me, and probably most of people listen to this is like I just don't get everything. So thank you for being there. Yeah, one of the things that one of the things that we do to that I think people don't think about a lot is the those what I call them. They're not bonds, because bonds have not been great for portfolios the past decade or so. Is when you do have an income producing security and you're not using that money to live on, you take that when the markets are down like they are now, it's still producing that income, so that income comes off the top runs down and then you use it to buy maybe some of those equities that are down lower in price, so you're...

...buying them at a lower price. Okay, and of course the only reason we have them in the portfolios because we believe they're good, solid businesses that are going to increase in price later once the sort of a panic that we're seeing right now is over, and I do believe it will be over at some point. Otherwise I would just stop what I'm doing right now and there go fir stweb. I don't know. There's some po point than that. I'm this is this is what I do. I've been through these times like we're going through in two thousand and twenty two several times. It's just yeah, it's funny because you know we always say, well, history repeats itself, right, and if you take that perspective a okay, we're repeating something in history. We're living the history of the future. It's just going to repeat itself. It's no big deal. The issue is not to get all wig down or whacked out or depressed. It's to understand the the market goes...

...through ups and downs, just like emotions do, just like life does. Right, how do you navigate that? How do you make sure your set up well so you can sleep at night and even if the market tanks, you're okay because you've pre planned with John and and you've got this this plan in place, the portfolio, this is going to build your life today and in the future. I think that's I think there's one of the key components. I want people to really understand the importance of working with you, John is setting things up well so you don't worry about the ups and the downs as much. We always worried about be concerned about it. But we call you and you're, like we talked about last time, winning. To put it, you're like Christopher Robin. You're that calming source. Here's that wisdom. You're the guy who sees a new solution and helps US navigate that. Hey, I like to say that in every market there are opportunities. HMM, that's good. That is true. When the market is just screaming higher,...

...like in two thousand and twenty months like you. Yeah, by a will say anything was going. There are opportunities to make some money, but the ones those of us who have been through cycles before, we're taken some profits and we're putting those in different places. Yeah, that's good. Those things never last, but we let it appreciate and we didn't sellow, but we took profits. You never go broke taking a profit. Love it. That's a that's a that's a browning quote, I think. I don't know where they came from. But so, as you're doing that, you're then putting in the in things that will be more stable later as things go down if you're in a tax bill account, got a long term capital loss, you take that against your taxes. So great you have an opportunity to do what we call tax loss harvesting. People are like, I don't want to do that. Well, they had just paid taxes on those games that they...

...had in two thousand and twenty one and they didn't like that very much. So now when we have those games again, they've got something to offset so they don't have to pay as many taxes and we there's still opportunities to purchase lower price securities because of the markets down. That are still great investments. Don't great companies making a profit consistently. There's always opportunities. Love that. There's always opportunities and you never go broke taking a profit. I love that. Yeah, awesome. Okay, those are just some of the ways that John is like night will, sleeping medicine. Whatever, you're sleeping medicine. It's not that he put you to sleep, it is that he allows you to sleep because you're not worrying about the market, your portfolio, your retirement or your life. So reach out to John John Browning, Guardian rockwealthcom. Get a copy of his number one Amazon best knowelling book how to build a...

...life, not just a portfolio. Read it, learn about him. Text him at text the Word Life to twenty one thousand and you'll get his virtual business card and just schedule a call with him. Phone call, Zoom, call in person, whatever, and start talking, build a dialog and see how John Can help you sleep well at night. Well, John Browning. Oh, I'm kind of tired after that, when I might go take a nap, so we'll see you next week. All right, sounds good. Money really is a big part of our lives and John Browning can help you and your family learn how to keep money in the proper perspective. It's important, but it's only a tool that can help you build the life that you want. If you'd like, John Emil you a free copy of his book build a life, not a portfolio. Go to John's website, Guardian rockwealthcom, and click the contact to US link and send your request. John Will...

Mell a copy of his book right to your door absolutely free. Thanks for listening to building your life podcast with John Browning. Be Sure to subscribe to this podcast so each new episode will be sent to you automagically when it's released. Have a terrific day. Nothing in this podcast should be construed as personal investment advice and past performance is no guarantee of future results. In nesting is not appropriate for everyone. There is a risk of loss associated with investing in the markets. No representation or implication is being made that using any methodology or system will generate profits or ensure freedom from losses. Please remember that investing carries risk. Guardian Rock Wealth LLC and its affiliates are fiduciary investment advisors. Please consult with US or another experienced, qualified investment advisor before making any investment decisions and or trying to implement any of the strategies and tactics we may discuss in any of our publications or podcasts.

In-Stream Audio Search

NEW

Search across all episodes within this podcast

Episodes (128)