David Diller, Financial Advisor at RBC Wealth Management

I'm excited to announce that I've just earned my CERTIFIED FINANCIAL PLANNER (CFP®️) certification!

I owe a huge thanks to my family and friends for their support throughout this journey. Your encouragement meant the world to me.

Through the process of earning my certification I learned a great deal of new information relating to estate planning, tax planning, risk management, retirement savings and income planning, and psychology of financial planning that has equiped me to offer even more strategic and tailored advice to my clients.

The one thing I enjoy the most about being a financial planner is the chance to help people navigate their financial lives. It's incredibly rewarding to guide individuals through their financial journeys, helping them gain confidence and provide peace of mind.

I'm excited to continue this journey with my clients, providing enhanced financial solutions. Here's to your financial success!

Yesterday I spent the day at the 2nd Annual Financial Literacy Makes Cents Conference.

It was an amazing free conference for NM Educators who teach Financial Literacy in the community, hosted by Jump $tart Colaition for Personal Financial Literacy.

As you can see by the second image, 90% of Americans say money impacts their stress level and only 25% of people feel extremely optimistic about their financial future. Yikes!

As an educator, my hope is to equip high school and college students with personal finance information they can use to take control of their own finances and share that knowledge with their friends and family.

It was so encouraging to see so many organizations who share that passion for personal finance, and hope to build a brighter future by educating our youth on basic personal finance principles.

My favorite breakout session was hosted by Next Gen Personal Finance (NGPF). Their mission is to ensure that every U.S high school student graduates having taken a one-semester course in personal finance by the year 2030. Currently only 26 states have that requirement, but I'm encouraged that they will continue to make progress to include every state in the next six years!

I'm confident that if more people felt they had ownership of their finances they would feel more optimistic about money and their financial future.

#2030 $tartCoalition

Can't believe it's already been 1 year since I took the leap into my new career as a financial advisor at RBC Wealth Management.

As a CPA and accounting and finance instructor at Central New Mexico Community College, I recognized my passion for helping people understand the importance of managing their finances. It was a natural transition for me to pursue a career in financial advising where I can continue to help make a significant difference in people's lives.

I'm grateful for the opportunities and experiences I've had this past year, and I'm excited to continue helping clients achieve their financial goals.

I want to thank my wife Aleigh Diller and all my friends and family who supported me making this very rewarding career change.

Life is too short to live with regrets, so if you're thinking about making a career change, go for it!

Have you ever heard the term "defensive" or "sector" when it comes to investing and wonder what they mean?

In the chart below you'll notice there are 11 sectors that each publicly traded company falls under.

Some sectors are considered defensive versus cyclical.

Defensive stocks don't necessarily follow the cycles of the economy and are necessary/needed as part of everyday life.

Defensive sector examples are: Utilities, Consumer Staples, and Health Care. People will need these items/services regardless of the state of the economy.

Cyclical sectors are what they sound...they tend to follow the trends/cycles in the economy. When the economy is doing well, people have more to spend on discretionary items/services.

Cyclical companies include restaurants, hotels, airlines, furniture, high-end clothing, and automobile manufacturers.

Being aware of economic cycles can help manage risk and improve investment returns.

Reach out if you're interested in learning more.