#117 Ted Oakley On Staying Rich With A Balanced Portfolio

The Julia La Roche Show

Ted Oakley, Managing Partner and Founder of Oxbow Advisors, joins in-person in Austin, Texas, for episode 117 to discuss the economy, markets, life, and his new book, “Stay Rich With A Balanced Portfolio.”

With more than forty years of experience in advising high-net-worth clients in the investment industry, Oakley implements the firm’s proprietary investment strategies and the “Oxbow Principles” to provide a unique investment perspective. He is a frequent guest on FOX Business News, Bloomberg Radio, KITCO News, Cheddar TV, Yahoo Finance, and many more.

Oakley is a Chartered Financial Analyst (CFA) and a Certified Financial Planner (CFP). He is a member of the Austin Society of Financial Analysts. He is also a Partner of Herndon Plant Oakley Ltd., an investment company. He is a Board Member of Texas State Aquarium, American Bank, and American Bank Holding Company. Mr. Oakley is a United States Army Veteran.

Oakley began his career in Dallas, Texas, over 35 years ago. He is the author of nine books: You Sold Your Company, $20 Million and Broke, Rich Kids Broke Kids – The Failure of Traditional Estate Planning, Crazy Time – Surviving the First 12 Months after Selling Your Company, Wall Street Lies, Danger Time, My Story, The Psychology of Staying Rich, and Your Money Mentality.

Oakley’s primary philanthropic interest is helping children. He is Chairman Emeritus and Founder of the Foster Angels of South Texas, the largest foster child foundation in South Texas, as well as Chairman Emeritus and Founder of Austin, Texas-based Foster Angels of Central Texas. Also, President and Founder of Advocates for Foster Children Foundation.

0:00 Welcome Ted Oakley to the show

1:08 Macro outlook

3:10 Economic picture

5:06 Wealthy don’t mind being safe right now

8:00 Short-term treasuries

9:16 10-year Treasury

14:13 Inflation

17:15 Investor bias

20:20 Ted Oakley’s upbringing

27:04 Writing Staying Right With A Balanced Portfolio

30:30 Folks can afford to wait now

31:50 Psychology of investing

39:00 Gold

40:27 What is a balanced portfolio these days?

41:51 Every landing is hard

44:16 The small investor

46:20 The curse of second-generation wealth