Preferred Wealth Management LLC

06/11/2026

How is going to church and seeing your CPA similar?

Either way, you might be praying

06/04/2026

06/04/2026

A lot of people mention how the stock market is "too risky."

But what does the data say?

06/01/2026

What is risk?

It is a simple question I have asked people for years and it usually has a variety of answers.

Typically, people point to the stock market as being risky as there’s always the chance that it crashes.

The real question most people never get asked is: what kind of risk are you actually taking?

Because there's more than one kind and the one most people are trying to avoid might actually be the least dangerous one in the room.

I made a video breaking down the different types of risk and how to think about them in a way that actually makes sense.

If you or someone you know has ever hesitated to invest because it felt like a gamble, this one's for you.

When people think about financial risk, they usually think about st...

05/26/2026

One of the most misleading things you’ll hear is "This has no cost to you."

The truth? There's almost always a cost. It just might not show up on a statement. But it's there.

Sometimes it's indirect, like a surrender charge buried inside an annuity that kicks in the moment you need your money.

Sometimes it's a commission baked into the product price.

Sometimes it's an opportunity cost. You're just not seeing what you gave up.

Just because you don't write a check doesn't mean it's free.

05/21/2026

Most people think a will is enough.

One of the most common pain points I see in the industry is people neglecting estate planning. This can lead to some large headaches.

Things like:
❌ Leaving an ex-spouse as your life insurance beneficiary (yes, this really happens)
❌ Paying 6–8% of your entire estate just to settle it in court
❌ Unknowingly handing your kids a massive tax burden

The scary part? Most of these mistakes are completely avoidable.

In my latest video, I walk through the 6 most common estate planning mistakes I see and exactly how to fix them before it's too late.

If you've been putting this off (and most people have), this one's worth 8 minutes of your time.

Most people think estate planning is something they’ll “get around ...

05/13/2026

Not all financial advisors are created equal, but how do you tell the good ones from the bad?

I created this video, 5 Ways to Smell BS from a Financial Advisor, to attempt to show red flags that most people don't know to look for until it's too late.

Things like vague answers about fees. Guaranteed return promises. The classic "trust me, I've been doing this for 20 years" with nothing to back it up.

If you have a financial advisor, are thinking about getting one, or have ever walked out of a meeting and thought "something felt off", this one's for you.

Not all financial advisors are bad. But not all of them are good either.In Episode 4 of the Joe Knows Dough Podcast, Joe breaks down the biggest red flags to...

05/12/2026

For people who have worked at a job for a while, do you ever see people make the same mistake over and over and over because they just don't know any better?

Most people spend a lot of time thinking about which investments to pick.

Not enough time thinking about where those investments live.

And that second part? It might matter more than the first.

05/08/2026

🎉 IT'S LAUNCH DAY! 🎉

We are excited to introduce Joe Knows Dough, our brand new YouTube series. It is all about helping YOU make smart, confident decisions with your money!

We just dropped 5 episodes today, and Episode 1 kicks things off with a topic that hits close to home for a lot of people:

👉 "One Bad Decision Can Ruin 25 Years of Retirement Saving"

We're breaking down the most common mistakes people make right before the finish line — and how to avoid them.

📺 Watch the full playlist here:
https://www.youtube.com/watch?v=fmXgRRy_jqc&list=PLnr1XnkdDNkSHeUH41aVrlVI8V3TI1X5Y

Like, subscribe, and share with someone who needs to hear this!

One bad decision in the final years before retirement can undo decades of smart planning.In Episode 1 of Joe Knows Dough, we break down the most common mista...