Avoid loss, achieve gains

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Avoid loss, achieve gains

Sep 01 2022 / Round the Table Magazine

Avoid loss, achieve gains

9 life hacks that can save time and boost efficiency.

By Mike Beirne

Topics covered

Technology

Avoid loss, achieve gains

Riskalyze is a risk assessment tool that can sync to a portfolio and measure how much risk exists in clients’ investments, what is the efficiency of return, grade the client’s tolerance for loss and help the advisor show clients and prospects how much risk they can take on and still reach their long-term financial goals. The software designs portfolios that fall into a client’s risk number. Training resources and boot camps are available. Monthly subscriptions start at $250, riskalyze.com

Submitted by Domenick D’Andrea, AIF, CRC, Westbury, New York, USA, six-year MDRT member

Follow the flow

Track all the moving pieces of your practice without pages of spreadsheets. Monday.com is a workflow tracker for projects, departments, marketing campaigns and just plain task management. Users can choose from more than 200 templates, and no training is required for the easy-to-use visual interfaces. The software can streamline operations and the easy-to-understand visuals color code completed tasks as green. With the click of a button, advisors can add a new client to a dashboard, and the sequence of tasks from initial meeting to implementing strategy is available in one place with reminders. Free for individuals, subscriptions for businesses with three seats start at $24 a month, monday.com

Submitted by Aaron Kane, B Bus, AFA, Wheelers Hill, Victoria, Australia, eight-year MDRT member

Secure your car food

Is your drink tumbler rolling around on the passenger seat or the car floor because it’s too big to fit in the cup holder? CupStation is a 2-in-1 cup holder that fits every vehicle and has an expanding arm that swings out to 6 inches wide. The end of the arm has grips that hold tight to big food containers, extra-large soda cups and other accessories. $30, getcupstation.io

Pocket-size connectivity

Take the internet wherever you need it with Ryoko by Muama. The prepaid, portable Wi-Fi router fits in your palm and can hook you up to a secured 4G internet network with speeds as fast as 150 megabytes per second. Works in more than 139 countries. Can connect to 10 devices simultaneously and battery lasts up to 8 hours. $90, muama.com

Sleek and sturdy

Whether you sit or stand, adjust your computer screen to a comfortable height with Lifelong Upryze Pro Ergonomic Laptop Stand. The pulpit stand works with all MacBooks and laptops ranging from 10 to 17 inches. It can be raised 20 inches from the floor of the stand and adjusted to the angle that works for you when sitting. The stand folds to fit in a backpack or briefcase. $76, lifelongwheels.com

AI photo editing

Take better photos without the work through Microsoft Pix. The intelligent camera app selects your best shots and suggests enhancements for color, exposure and other variables. For bursts of photos, Pix will automatically delete bursts of images you don’t want to keep to save memory on your phone. Ideal for people shots, portraits and live images. Developed for iOS 14.0 or later and available in 25 languages. Free, App Store

Put a ring on it

Slip Dhyana on your finger and choose from a range of instructional guided sessions available on the meditation ring’s phone app to take you through the three stages of meditation: breathing, relaxation and focus. Dhyana also detects variations in time between consecutive heartbeats — an indicator of how stressed or relaxed the body is — and tracks how many mindful minutes you achieved during your meditation session. Comes with interchangeable straps and wireless charging. $135, smartdhyana.com

Pedal power

Get fit while you sit with Cubii Ellipticals. Burn calories during a video conference and no one will know you’re pedaling because the machine fits under any desk or table and is whisper quiet. The ellipticals feature an easy-to-read LCD monitor that tracks your calories burned, distance traveled, rotations per minute and time. They also have a built-in handle so it can be carried from your home office to your favorite chair or couch. Subscription to live and on-demand exercise classes are also available separately. Starts at $269, cubii.com

Conquer the chill

Do you work in an office or workspace where the air conditioning is too efficient or the heating is not? Find comfort with the USB Heating Blanket. It has a warming pad inside and plugs into your computer’s USB port. Wear the blanket like a shawl or place it on your lap to keep your legs warm. Available in navy blue and black. $25, usb.brando.com