Part Two.
Once upon a time in LA, I worked at TCW Asset Management, managing billion-dollar bond funds with Jeffrey Gundlach, the “Bond King.” Today, I’m talking with someone who takes a different investment route—Collin Plume, an expert in precious metals.
This conversation isn’t about selling gold; it’s about tackling real-life challenges like family finance, retirement planning, and raising financially savvy kids. If you’re navigating any of these areas, Collin’s insights and inspiring journey will give you plenty to think about.
Part 2 of a 2-part series on Collin’s people-first approach to building financial security.
Key Highlights of Our Interview:Gold, Real Estate, and Learning New Tricks: Why Diversifying is the New Smart
“Be willing to learn about a new investment or a new strategy every year, whether you decide to do it or not. But I think being willing to learn about it is important. It will help you and it’ll keep you sharp.”
Beware of Finfluencer Hype: Not Everything That Shines Is Gold
“Too often, people take influencers at face value, believing that the most engaging video equals the best advice. In reality, it’s important to fact-check and do your own research because many influencers are just paid promoters, not experts.”
Do Your Research: Don’t Let Algorithms Make Your Financial Decisions
“Algorithms don’t care if the advice is good; they only care if the content is appealing. So when it comes to financial decisions, it’s on you to dig deeper, check multiple sources, and make sure the influencers you follow are legit.”
The Real Cost of Reckless Spending: Teaching Financial Discipline to the Next Generation
“As a family, we prioritize experiences like travel and education over material goods. I’ve shown my children the gold and silver I’ve set aside for them and explained how these assets will be worth something significant in the future. Whether they want to start a business or pay for college, these investments will be there for them."
“I make sure my kids know that money isn’t something to be taken lightly. Whether it’s explaining mortgages to my 8-year-old or discussing the importance of not being wasteful with their toys, they need to understand that everything has a cost. I often use examples like Disneyland—where you can easily spend thousands in just a few days."
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Host: Vince Chan | Guest: Collin Plume
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