RL Wealth Educates - The Blog of Rubino & Liang Wealth Partners

Never Underestimate The "Power of Zero"

Mar 30, 2019 11:00:00 AM / by Sam Liang

In this week's post we'll discuss the importance of having products within your mix of your portfolio that you can count on when the market drops.

A bit of backstory - last week I met up and had lunch with Patrick Kelly, best-selling author and the man who wrote the Stress-Free Retirement book - a book that we often lend out to people who come in for a consultation and want to read more on how to help eliminate the common pain-points and hassles on the path to retirement.

We were discussing his new book, but started to go back to a few topics that he discusses in Stress-Free Retirement, and one of those is just how powerful never taking a loss is in building long-term wealth.

Take a moment to consider this hypothetical scenario:

There are two black-jack tables in front of you, and you are trying to choose which one you'd rather be playing:

Table 1 - a traditional blackjack table. You bet $10, and if your hand beats the dealer, you win your $10 back and an additional $10. If the dealer's hand is better than your hand, you lose your $10 bet.

Table 2 - The Power of Zero table. You bet $10, and if your hand beats the dealer, you win your $10 back, but only an additional $5. However, if the dealer's hand is better than your hand, you simply keep your $10 bet and you lose nothing.

Which table would you sit down at?

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Six Action Items To Help You Prepare For A Solid Retirement

Feb 24, 2019 6:00:00 AM / by John Conley


You’ve made it to that magical time in your life – the home stretch to retirement. Whether you have made the decision to work another ten years, or even one year, there are ways to start preparing immediately so that you can help your retirement years be worry-free. You worked hard to get there, but the “work” doesn’t end the day you clean out your office.

That nest egg you created needs to be cared for and looked after, and this may be the most important job of your life. Sounds scary, right? It doesn’t have to be! It all starts with planning and being prepared for what’s ahead, before you walk out that door and start permanent unemployment. Some of these steps may seem obvious, but you will be surprised how many people ignore this process, either out of fear or laziness. The truth is, it will require a bit of elbow grease on your part, but these are some of the steps needed in order to start cementing that rock-solid foundation upon which your retirement will live.

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How Retirement Strategies Should Change As You Age

Feb 8, 2019 3:00:00 PM / by RL Wealth Partners

Everyone should have a strategy for meeting their goals in retirement, but retirement can last for decades; you should adjust your strategy periodically depending on where you are. We are taught that we need to grow our investments to the biggest number possible, but when is that number sufficient enough to provide for your unique retirement goals?

Let’s look at how retirement strategies might change throughout life phases.

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