Justin Lacchin: Wealth Building Strategies & Mastering Your Finances

‘The people that you think don’t need advice, need advice the most’
Who Is Justin Lacchin (IPC Investment Corp., Mowbray Wright Financial Inc.):
Justin joined Mowbray, Wright Financial in 2018 as a valued Partner and Financial Advisor. He began his career in financial services in 2012 at ScotiaMcLeod, developing his skills in wealth management, financial planning and client services. At the core of Justin’s planning philosophy, is the belief that individuals should use a long-term, holistic approach to evaluating their personal financial decisions as if they were running their own business. Drawing from his own background advising high-net-worth clients as well as his partner’s combined expertise, Justin’s goal is to grow his client’s wealth by collaborating with them on their unique priorities so that individuals, families, and businesses can achieve their desired goals & dreams.
What We Talk About On This Episode of The Andrew Bilak Show:
What is a Financial Advisor

What is Financial Literacy

How to get started with investing for your future

The perception of a financial advisor

What Justin does as financial advisor

What to look for in a financial advisor

What an advisor means when they talk about a ‘Financial Plan’

Why your advisor needs to understand your goals before they offer you anything

The 4 step process you should keep in mind when starting with a Financial advisor

Why compounding is the most important thing you need to understand

The difference between active investing vs passive investing

What a Management Expense Ratio (MER) is and why not knowing how it works will kill your investment strategy long-term

Time in the market is more important than timing the market

Why Warren Buffet's Will has his entire portfolio switching to ETF's once he passes away and why that's an important lesson for you

The single greatest reason why millennials need to start investing their money in the stock market today

Different investment vehicles

Top 3 tips for millennials on saving and investing in the market today

Saving and investing with your spouse/partner

How mastering your emotions will save you so much money when it comes to investing

How to removing behavioral mistakes when it comes to investing

Resources:
website: wwwmwfi.ca
Instagram: @mwfinc
Linkedin - Justin Lacchin
Book Resource: Nick Murray - Simple Wealth, Inevitable Wealth
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