Long Story Short
Long Story Short
Podcast Description
Long Story Short is a weekly financial planning and investing podcast from Burney Wealth Management.
Each week, your hosts Andy Pratt, CFA, CAIA and Adam Newman, CFA, CFP®, discuss the biggest questions they’re hearing from clients. They’ll occasionally bring in team members and interesting guests to discuss specialized topics like estate planning, business succession, and retirement income strategies.
Founded in 1974, The Burney Company is a fee-only investment advisory firm that manages $3 billion in assets. Learn more about comprehensive financial planning at burneywealth.com.
Podcast Insights
Content Themes
The podcast covers a range of financial topics including tax legislation, investment strategies, market psychology, and wealth management. For example, episodes explore significant laws like the One Big Beautiful Bill Act impacting high net worth families, as well as the psychological factors influencing portfolio adjustments during market fluctuations.
Long Story Short is a weekly financial planning and investing podcast from Burney Wealth Management.
Each week, your hosts Andy Pratt, CFA, CAIA and Adam Newman, CFA, CFP®, discuss the biggest questions they’re hearing from clients. They’ll occasionally bring in team members and interesting guests to discuss specialized topics like estate planning, business succession, and retirement income strategies.
Founded in 1974, The Burney Company is a fee-only investment advisory firm that manages $3 billion in assets. Learn more about comprehensive financial planning at burneywealth.com.
Andy and Adam kick off this episode talking about the SpaceX IPO, and the idea that every investor is bound to make a few mistakes along the way. Adam notes that almost every long-time client has a story about an early misstep, and that lessons learned when the dollar amounts are small are the cheapest ones to learn.
That sets up Andy's focus for the episode, one of his strongest takes yet, that being overly focused on dividend yield in retirement can work against you. He and Adam get into why dividend income and the cash you need to live on are two different things, why capital appreciation drives most long-term returns, and why the instinct to never touch your principal deserves a second look rather than blind faith.
⏱️ Timestamps:
(01:00) Nashville heat and a little bit of trouble
(02:00) Why every investor needs to screw up a little
(02:00) What actually makes an experienced investor
(05:00) Passing investment lessons to the next generation
(06:00) Andy's strongest take on dividend investing
(07:00) What income means to a stock versus what it means to you
(09:00) Dividends versus share buybacks
(11:00) Why capital appreciation drives most of the return
(12:00) Paying yourself a personal dividend through total return
(14:00) What ”not touching the principal” really means
(17:00) Comparing dividend income to a total return approach
(19:00) Send us your questions and share the podcast
(20:30) Podcast disclosures
Resources:
Long Story Short website |burneywealth.com/podcast
Follow Burney Wealth Management on LinkedIn | www.linkedin.com/company/burneywealthmanagement
Follow Adam Newman on Linkedin | https://www.linkedin.com/in/adam-newman-cfa-cfp%C2%AE-48853916/
Follow Andy Pratt on LinkedIn | www.linkedin.com/in/andyjpratt/
#RetirementPlanning #RetirementReadiness #TaxPlanning #DividendInvesting #WealthManagement
The Burney Company is an SEC-registered investment adviser. Burney Wealth Management is a division of the Burney Company. Registration with the SEC or any state securities authority does not imply that Burney Company or any of its principals or employees possess a particular level of skill or training in the investment advisory business or any other business. This content is for informational and educational purposes only. It is not intended as personalized investment advice, legal advice, tax advice, or a recommendation.
Disclaimer
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