Keystone Bank’s Post

When Adam came to lead SPL, it was because of the opportunity he'd been looking for to lead a company for Christ, with a commitment to give away 51% of net profits to advance the Gospel of Christ. As title sponsors of the upcoming Kingdom Advisors #redeemingmoney conference, Adam will be releasing his new philosophy on what investing with a holistic Christian approach might look like. "I'm excited about the trend of diversifying beyond standard buy, hold and hope investment strategies. Our tactical approach at Sherman Portfolios is exciting for the financial industry because it has deep biblical roots as found in the Parable of the Sower in Matthew 13, the Parable of the Talents in in Matthew 25, and supporting the fiduciary duty to earn a competitive return for clients, according to Jesus’ Golden Rule in Luke 6. Additionally, after we aggressively pay off all company debt, Sherman Portfolios is committed to giving 51% of net profits to advance the Gospel of Jesus." — Adam Weisner shermanportfolios.com #kingdombusiness #financialadvisors #investing #retirementplanning #finance #cfp #cfa #stockmarket #research #financialreporting #quantitativefinance #portfoliomanagement #buyandhold #bearmarket #riskmanagement * This information presented here is intended solely for financial advisor professionals and the firms the represent. All retail investors are directed to consult with their financial professional prior to making any investment decision.

Selling winners and holding losers is like cutting flowers and watering weeds. 🌸🚫🌿 Let your winners grow and cut your losses early for a thriving portfolio! 🌱💡 #WarrenBuffett #PeterLynch #InvestmentStrategies #LongTermInvesting #WealthBuilding #SmartInvesting #PortfolioManagement #StockMarketTips #InvestingWisdom #FinancialLiteracy #Investing #StockMarket #WealthManagement #Compounding #FinancialPlanning #InvestmentStrategy #MillenniumWealth #PortfolioManagement #GrowthMindset #FinancialLiteracy

Last week, Jenny Swift and I talked about the importance of DC pension investment for Pension Awareness Day. Here, Jo - our CIO - goes into more detail about how we achieve such great results for our members. As always - get in touch if you'd like to discuss more.

Charlie Munger, died on 28 November last year, close to his 100th birthday. As vice-chairman of Berkshire Hathaway, he was always perceived as Warren Buffet’s right-hand man. However, he should be considered one of the 'investing greats' in his own right. He was more than happy to share his wisdom regarding investing your money, and his advice is well worth paying close attention to. #charliemunger #investing #financialplanning #investmentstrategy #retirementgoals #howtoinvest Link in the comments.

Legacy and wealth are intertwined. Here’s how to make them both last. https://ow.ly/5y8N50SwhsK #FamilyBusiness #LeadershipDevelopment #FinancialEducation What is holding you back?

As you know I'm always pushing the bet on yourself strategy, today I want to send a warning against advice that has been going on for sometime now. The gold and silver promoters are pushing for your IRA dollars. Now, it is important to consider having having 10-15% of your dollar investments in gold and silver but NEVER in and IRA or any qualified retirement plan. There are several reasons for this, first is that gold and silver are not speculative investment, they are future purchasing power protection. Somewhat like inflation and recession insurance. But the most common sense reason to never buy gold and silver with your IRA dollars is you are paying to add a non taxable asset and turning it into a taxable asset. That makes no sense whatsoever. Owning gold and silver is not a taxable event. Placing it in the IRA makes it a future taxable asset. Remember when you start to liquidate your IRA you will be paying tax on the distributions. The other caveat emptor is how the big dealers bait and switch your IRA assets into numismatics as opposed to gold and silver bullion. With multi-million dollar advertising budgets these dealers cannot survive on bullion sales, they have to sell numismatics in order to hide their huge markups and profits. Look, gold. silver, metals and even collectibles are important asset class to balance a wealth strategy. There are very efficient methods to purchase this asset base, but it should never be merged into an IRA or any qualified plan. A self directed IRA is perfect for Real Estate and some other speculative asset classes, but as to metals it is never a smart money decision. Don't be duped or persuaded itno this financial mistake.

My favorite Charlie Munger story: In 1953, Munger was 29 years old. Recently divorced. Lost the house. Huge social stigma of divorce back then. His 8-year-old son, Teddy, was diagnosed with cancer. The leukemia was incurable. No medical insurance - Munger paid for all his medical care. Charlie would visit Teddy in the hospital every day -- and then walk the streets crying. Teddy died at the age of 9. Charlie was broke, divorced and just lost his child. 99.9% of people would've turned to alcohol, drugs, or suicide. (And you'd understand why) Munger never did. Fast forward to 52 years old, a failed surgery left him blind in one eye with the potential of going fully blind one day. Charlie was an obsessive learner who read every book he could get his hands on. When confronted with the possibility of going blind and no longer being able to read he said: "It's time for me to learn braille!" The only thing that might be more impressive than his intellect was his actions. RIP. --------- Munger on Self-Pity: "Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thought. Self-pity gets pretty close to paranoia… Every time you find your drifting into self-pity, I don’t care what the cause, your child could be dying from cancer, self-pity is not going to improve the situation. It’s a ridiculous way to behave. Life will have terrible blows, horrible blows, unfair blows, it doesn’t matter. Some people recover and others don’t. There I think the attitude of Epictetus is the best. He thought that every mischance in life was an opportunity to behave well. Every mischance in life was an opportunity to learn something and that your duty was not to be immersed in self-pity, but to utilize the terrible blow in a constructive fashion. That is a very good idea." #warrenbuffett #stockmarket #investing #warrenbuffettquotes #billgates #warrenbuffet #stocks #elonmusk #investor #jeffbezos #money #trading #motivation #investment #entrepreneur #invest #sharemarket #business #valueinvesting #investingtips #success #financialfreedom #nifty #businessmindset #markzuckerberg #finance #stockmarketinvesting #charliemunger #entrepreneurship #warrenbuffetquotes #personaldevelopment #motivation #personalgrowth #mindset #inspiration #success #selflove #lifecoach #selfcare #leadership #growth #entrepreneur #growthmindset #coaching #mindfulness #love #goals #business #mentalhealth #selfdevelopment #motivationalquotes #positivevibes #happiness #loveyourself #selfimprovement #lifecoaching #coach #selfhelp #life #meditation #entrepreneur #business #motivation #success #entrepreneurship #love #inspiration #mindset #smallbusiness #goals #entrepreneurlife #lifestyle #marketing #money #motivationalquotes #life #businessowner #startup #believe #positivevibes #motivational #selflove #inspire #hustle #happiness #inspirationalquotes #learning #lifelessons #music #love #explore

Charlie Munger, master investor and Vice-Chairman of Berkshire Hathaway, passed away recently, just short of his 100th birthday. He was a legend and I was sad to hear of his passing. I hope you'll find inspiration from one of my favorite quotes form Charlie, which can be applied to investing, business, and life. #wednesdaywisdom #quote #charliemunger #advice

The Foundations of Wealth Transfer in Family Businesses involve key practices for a smooth transition of wealth and leadership. These include early planning, clear communication, formal governance structures, and preparation of the next generation. It is also essential to align the transfer plan with family values, utilize legal and financial tools, resolve conflicts, create a succession plan, and incorporate philanthropy and risk management. By addressing these elements, family businesses can ensure a successful transfer of wealth and preserve their legacy.  To register in our program #lifetimejourneyacrossgeneration: https://lnkd.in/dtQEH82J #Planning #Succession #Inheritance #Transition #FamilyBusiness #Family #Generations #Future #Academy #IslamicChamber #Training #challenges #councel #boardofdirectors #BOD #ICTA #loyalty #conflict #decisionmaking #legacy #financialtools #conflicts #wealth