Welcome back to another episode of The Richer Geek Podcast! Today, we're joined by Jonathan Blau, founder and CEO of Fusion Family Wealth, a Long Island-based, fee-only registered investment advisory firm. Jonathan shares his expertise on behavioral finance and the techniques he uses to help clients make rational, well-informed financial decisions—even under stressful market conditions.
Jonathan breaks down the psychology behind wealth management, explaining why many investors struggle with emotional decisions and how he guides his clients to avoid common pitfalls. He shares powerful insights on the difference between currency and money, a fundamental concept that can reshape how you view wealth and investment.
Whether you're just starting your wealth journey or looking to refine your approach, this episode is packed with actionable advice that can help you navigate financial decisions with confidence.
In this episode, we're discussing…
The distinction between "currency" and "money" and why it matters for financial planning.
Emotional Investing is Harmful: Emotional responses to market fluctuations can lead to poor decision-making and significant financial losses.
Focus on Long-Term Goals: Prioritize long-term financial goals over short-term market noise.
Diversification is Key: A diversified portfolio can help mitigate risk and improve overall returns.
Professional Advice: Consider consulting with a financial advisor to develop a personalized financial plan.
Educate Yourself: Continuously learn about personal finance and investing to make informed decisions.
Resources from Jonathan
LinkedIn | Fusion Family Wealth
Resources from Mike and Nichole
Gateway Private Equity Group | Nic's guide
