Spend Those Points | The Best Six Months

PAUSE & PONDER: ” Savings can be created by spending less. You can spend less if you desire less. And you will desire less if you care less about what others think of you.”

-Morgan Housel, bestselling author

SPEND THOSE POINTS: I can’t say that I’ve ever been excited about the credit card rewards world. That is, until a guy named Colin Stroud began blowing up on my LinkedIn. (Worth a follow if you’re on LinkedIn)

He does two things:

Create an optimized credit card strategy for people spending $20K+ per month on cards.
Fields requests to turn points into fully funded travel plans.

His clients are traveling more than they ever thought possible. One story included a family who fully funded $4,000 in flights to take their kids to visit (and meet) family in India. I love it.

I invited him for a ~30-minute Q&A on how this all works and how business owners should think about their spending strategy. If you fit the description above, it’s worth a listen, or better yet, just get in touch with Colin here. The more I learn about what he does, the bigger a fan I become. Here’s a quick preview.

-By Josh Manifold

COMMON FINANCIAL MISTAKES: There can be legal, financial aid, and other issues when you have joint accounts after your child is 18 or if aging parents “add” their adult children to their homes as some type of “easy” estate planning tool. There are a number of hidden risks. Before you update ownership on a house, bank account, or investment accounts, invite us into the conversation. We can help you avoid unintended consequences.

FUTURE RETURNS?: What can we learn from history? If you are looking for market tailwinds, consider the global activity, U.S. policy, declining uncertainty around tariffs, possible interest rate cuts, and market momentum.

INFLATION AGAIN?: It’s hard not to notice the increase in grocery and utility bills.

NOW GO TALK ABOUT IT: As we gather with family and friends during the upcoming holidays, how might we reflect on this concerning trend? And how might our wealth, service, families, and values change this trajectory?

“Ask not what your country can do for you—ask what you can do for your country.”

-President John F. Kennedy in 1961

Feel free to hit reply and send me a message. I read every email.

*The views expressed represent the opinions of Compass Ion Advisors, LLC, as of the date noted and are subject to change. These views are not intended as a forecast, a guarantee of future results, an investment recommendation, or an offer to buy or sell any securities. The information provided is of a general nature and should not be construed as investment advice or to provide any investment, tax, financial, or legal advice or service to any person. The information contained has been compiled from sources deemed reliable, yet accuracy is not guaranteed.

Additional information, including management fees and expenses, is provided on our Form ADV Part 2 available upon request or at the SEC’s Investment Adviser Public Disclosure website here. Past performance is not a guarantee of future results.