Episode 115: Should I Invest In A Restaurant?

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management this week as he discusses a variety of timely investing and financial planning topics, including:

1. Talking points: A summer financial checklist

2. Our quote this week is from Randy Pausch on how to gain great experience

3. My advisor told me his goal is not to outpace the Nasdaq performance. My question is if he can’t offer the best returns what’s the point of having a financial advisor in the first place?

4. Do UTMA accounts grow tax free like 529 accounts?

5. If the 10-year got up to 5% and you wanted to allocate some of your bonds there. Wouldn’t you be better off buying the bonds straight up as opposed to an ETF or mutual fund?

6. My wife and I are just getting by and can’t understand why. We are both professionals but beyond sending our six kids to yeshiva, and owning our home (we live in the NYC city area), we go on one trip to Miami once a year (to stay at our in-laws apartment). We quite literally don't have any more wiggle room. What are we doing wrong?

7. I was offered the opportunity to invest in a restaurant. I would get 10% off whenever I eat there and I like their food. Should I do it?

8. Timely & Actionable Idea: Not getting caught up in relative performance.

***UPCOMING LIVE FALL WEBINAR: My upcoming lineup of webinars will be sent out this summer. To be added to the distribution list to get notified of these events go to https://www.parkbridgewealth.com/webinars***

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