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Articles by Beau Henderson

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15 articles by Beau Henderson · showing 15

Browse every published article connected to Beau Henderson, or search within this exact expert archive.

By Beau HendersonRecently published1 topic

What Does Stewardship Have To Do With Living A Rich Life?

Much of the reason why so many people today live lives that are meager, unfulfilled, and empty has to do with this concept of stewardship. Stewardship is a term that isn’t heard much these days. While the use of the word seems a little outdated, the concept can be considered timeless. Stewardship can be closely related to responsibility, a concept that never goes out of style. A life based on stewardship, and more specifically taking responsibility, is one of the core principles of living the RichLife.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
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By Beau HendersonRecently published1 topic

What Do Relationships Have To Do With Being Rich?

As a financial advisor I conduct seminars that I call, “Financial Keys to Success.” During that seminar I ask the attendees this very pointed question: If you had great health, and enjoyed all the normal physical capabilities, and yet you knew you had exactly six months to live – what would you do? I then make the challenge even more difficult by allowing only sixty seconds for all the attendees to write down at least five things. Think about it. What would you write?

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
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By Beau HendersonRecently published1 topic

What Does Negative and Positive Energy Have to do with Living the RichLife?

When you think of the word energy in your own personal life, what images come instantly to mind? Is it that drained feeling you experience while driving home from work? Or the frustration at wanting to be involved in activities but are too tired to take on? That of course is the most common association we have when thinking about energy. However, it’s important to take a closer look at this concept of personal energy.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
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By Beau HendersonRecently published1 topic

High Risk = High Return – Truth or Fallacy?

Ever hear the saying that high risk equals high returns? Did you hear that from a financial planner? Oftentimes certain financial planners will attempt to ascertain a person’s risk tolerance. If they conclude that a certain personality has a high risk tolerance, which means they are comfortable with losing, so they have the capacity needed to invest in high risk investments. This, the advisor tells the client (or potential client) will then lead to higher returns in a shorter amount of time.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
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By Beau HendersonRecently published1 topic

RichLife Question: Create Wealth or Create Lasting Value?

Here’s the plan: get a job (or career); work for a set number of years; put together a retirement plan to accumulate enough money (whatever that magical amount is); stop working at retirement age and coast the rest of the way to the end. What’s wrong with this picture? I’m sure you’ll agree that this closely describes the lives of most people in today’s world. But is this the best way? Is this a fulfilled life? Is this a RichLife?

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,495 views2/5 (1)
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By Beau HendersonRecently published1 topic

How a Person of Purpose Handles Adversity

You can tell a lot about a person by the way she handles adversity. You’ve seen it, I’m sure. Some crash and burn, while others stumble and totter and waver for a bit, but then come back up stronger than ever before. What makes the difference? It could be a number of things, but let me tell you what made a big difference in my own life. I began to handle problems and adversity differently after a friend shared this truth with me. Life is not a battlefield nor a chessboard nor a prison. Life is more like a school.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
2,207 views4/5 (1)
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By Beau HendersonRecently published1 topic

What Does Sudden Wealth Syndrome Have to Do With Living Your RichLife?

Is there a magical number in your future? A magical number that tells you that a certain amount of money tucked away in your portfolio will give you all the security needed to see you through your golden years (i.e. retirement years)? Who came up with this number and what went into that calculation? How much faith are you placing into that magical number? Will that amount of money stored away give you the peace and security that you are seeking? Will it make you happy? Will it be the answer to any and all problems that may arise during retirement? The answer is, probably not.r

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,878 views2/5 (1)
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By Beau HendersonRecently published1 topic

Are You Chasing After What Makes for a Rich Life?

You’ve no doubt heard the many various quotes about the ladder of success. The point being, what if you climbed the ladder of success only to find it leaning against the wrong wall? While the whole thing has become something of a cliché, still and yet it’s true that many people are chasing after what they don’t really want. And don’t know what they would do if they actually caught what it is they are chasing.r

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,550 views3/5 (1)
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By Beau HendersonRecently published1 topic

Dead Presidents on Paper

As a financial planner, by necessity, I engage in many conversations with my clients, and prospective clients, about money. The concept of money has an interesting effect on people. The power they attribute to it would make one think that the picture of a dead president on a piece of paper could create happiness and financial security. Of course we know that’s ludicrous. It’s a silly assumption. But the fact is, people still live their entire lives as though it were true. You see them: • standing in a long line to purchase a lottery ticket

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
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By Beau HendersonRecently published1 topic

De-Stress to Live a Rich Life

Think of this. Feature a person who believes that building a career and making a fortune will make him happy. (Or her – could be either.) Now feature that person driving himself relentlessly to achieve that financial success. Work is six or seven days a week which includes some 14 and 15 hour days. No time to barely take a breath. Stress is considered something to be endured on the way to “happiness.” It’s considered the price of success. There were many years I even wore this destructive lifestyle like a badge of honor.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,710 views3/5 (1)
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By Beau HendersonRecently published1 topic

What Does Optimum Health Have to do With Living the RichLife?

I read an interesting article while back about an 80-year-old man who ran a 26-mile marathon side-by-side with his granddaughter. (San Diego Rock ‘n’ Roll Marathon, June 1, 2008; Fred Peirce and granddaughter, Catherine Heider) I can tell you that kind of thing impresses me. I love to see retirees who are doing what it takes to invest in optimum health. Can you imagine the sense of satisfaction this man got when he crossed that finish line?

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
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By Beau HendersonRecently published1 topic

What Does Building a Good Team Have to do With Living the RichLife? Part I

A few years ago, when I was doing real estate investing, I could not find an atto ey and an accountant who would give me the same advice. The accountant talked from a tax standpoint while the atto ey talked from a liability standpoint. When I consulted with these two people, I was still left to figure it out on my own. So what was the point of having a team? This dilemma set me to giving more serious thought about my team of professionals. It has since led me to assisting others in building their own efficient team of professionals.r

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,363 views1.8/5 (4)
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By Beau HendersonRecently published1 topic

What Does Building a Good Team Have to do With Living the RichLife? Part II

As a financial advisor I often see people selecting their team of professionals in a lackadaisical manner. For instance, their accountant may be a family friend. Their real estate agent might be the neighbor down the street who just happened to get his license a few years ago. And on it goes. This results in a team of individuals who would not be considered the most stellar people in their field.

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,451 views1.5/5 (4)
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By Beau HendersonRecently published1 topic

How Does Financial Freedom Affect Your Rich Life?

Financial freedom. It’s a phrase that is common to most everyone. You’ve certainly heard it many times. Perhaps you’ve even used it yourself. But what does it mean? And most specifically, what does financial freedom mean to you? How you view this concept could very well affect how you live your entire life. Perhaps you’ve never even considered the matter before. It’s rather like the subconscious thought, “I’d like to be rich,” and yet never really getting specific about what it means to be rich.r

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,633 views4/5 (1)
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By Beau HendersonRecently published1 topic

When Can the Bad Actually Become the Good?

Into each life some rain must fall is a line from Longfellow’s poem entitled “Rainy Day.” It’s true, isn’t it? There are going to be problems in life that may seem insurmountable. Challenges that almost knock us right out of the game. There will be times in our lives that are dark and dreary and it seems we’ll never see the sun again. The truth is that hidden within every problem, every adversity, every challenge is a gift. I know that may sound strange to you, especially if at this very moment you are in the midst of one of those dark, rainy times in your life.r

Primary topic: Wealth - Creating Wealth and Building Wealth
Wealth - Creating Wealth and Building Wealth
1,420 views3/5 (1)
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