Best In Wealth Podcast

111 – HOW MUCH IS MY ANNUITY COSTING ME?

Variable annuity fees fall into the following five categories. Mortality expenses (M&E) This is a fee charged by the insurance company to provide you with a death benefit (often just a guarantee to pay out to your beneficiaries at least what was put in). This variable annuity fee can range from .50 – 1.5% of the policy value per year. Administrative expenses Many variable annuity policies have a separate administrative fee to cover the cost of mailings and ongoing service. This fee can range...

110 – To Roth or NOT to Roth

Tune in today to see if it is in your best interest to start investing or converting your tax-deferred money into your Roth IRA or Roth 401(k).

109 – The Family Stewardship Approach to Investing (part 2)

108 – 2nd Quarter 2018 Market Update

CLICK HERE for Quarterly Market Review Q2 2018

107 – The Family Stewardship Approach to Investing (part 1)

We have discussed the importance of formulating an investment strategy that is informed by financial science. But a solid market philosophy and strong research are not enough. Good ideas are not enough. An investment manager must put those ideas to work each day in a competitive market. This requires an approach that dynamically integrates the research with portfolio structure and implementation. This is where science meets investing. We apply a different investment approach. It is informed by f...

106 – The Pros (and cons) of Index Investing

[smart_track_player url="http://traffic.libsyn.com/bestinwealth/BIW105.mp3" title="105 - The Results of Conventional Investing" image=" http://www.bestinwealth.com/wp-content/uploads/2015/08/Best-In-Wealth-Podcast-Cover-150x150.jpg " color="#FE4504" social="true" social_twitter="true" social_facebook="true" social_gplus="true" social_email="true" ] Indexing offers a number of investment benefits over a conventional approach. Broad-based indexes offer better diversification, have lower fees, and ...

105 – The Results of Conventional Investing

CLICK HERE to view "The Results of Conventional Investing" Mutual fund research shows that conventional investing has low odds of success. Over the 15-year period ending in 2017, only 14% of stock managers and 13% of bond managers survived and outperformed their benchmarks. Said another way, 86% of stock managers and 87% of the bond managers who started the 15-year period underperformed their market index. About half of the stock and bond managers did not even survive the 15-year period. Some in...

104 – What is Conventional Investing?

THE FOUR TYPES OF CONVENTIONAL INVESTING PREDICT THE FUTURE The most common approach is based on prediction and forecasting. Methods include: Picking stocks expected to perform well in the future, Moving in and out of industry sectors, or Attempting to time the market These methods are based on trying to predict the future direction of the economy, the stock market, or an individual stock. This conventional approach assumes that someone has a crystal ball. Many people think this is the key to su...

103 – How Do I Access the Power of the Stock Market

The first step to access the power of the maket is to retrain your thinking. In this episode Scott explains in detail the one thing you need before accessing the power of the stock market.

102 – Diversify Like a Family Steward

Do you know what the four levels of family steward diversification are? Do you know if you are diversified like a family steward. CLICK HERE to view The Case for Global Diversification

101 – Investing Perspective

Do you want to have a successful investment experience? It all starts with investing perspective. Click below and download the chart and listen to episode 101 for stock market perspective. Click Here for a chart about stock market Perspective

100 – Should I buy Bitcoin?

To Bit or Not to Bit: What Should Investors Make of Bitcoin Mania? December 2017 Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios. Cryptocurrencies such as bitcoin emerged only in the past decade. Unlike traditional money, no paper notes or metal coins are involved. No central bank issues the currency, and no regulator or nation state stands behind it. Instea...

099 – 2017 Market Review

Tune in today for Scott's 2017 market review. Click here for Q4 & 2017 Yearly Market Review

098 – Catchphrase Investing

The financial media is drawn to catchphrases, acronyms, and buzzwords that can be sold as the new thing. FAANG (Facebook, Apple, Amazon, Netflix, and Google) is the latest of these. But does this constitute an investment strategy? For journalists, commentators, and marketers, acronyms like FAANG...

097 – Nine Key Questions for the Long-Term Investor…..and Being Thankful YOU Know the Answer

There are nine key questions every long-term investor should know. I bet most listeners know the answer to some or most of them. But the really confident investor knows the answer to all nine questions.

096 – 3 Ways to MAKE Your Money Goal

Do you stuggle with money goals? Do want to be finacially fit? Let me help you achieve your money goal with these three steps.

095 – HELP! Is My 401(k) Going to Tank?

Today I talk about the three ways to protect your 401(k) during the next market downturn. Want to know your risk number? Do you wonder if your risk number matches the risk number of your 401(k) or IRA? Send an email to scott@bestinwealth.com and ask to take the online risk number assessment. This simple step is Fun, FREE and may just save your financial life.

094 – 3rd Quarter 2017 Stock Market Review

Today we go over the 3rd Quarter 2017 Market Review. CLICK HERE FOR THE - Quarterly Market Review Q3 2017

093 – Risk defined

This is part 9 of a 10 part series about behavioral finance.

092 – Diversification Means having to Say Your Sorry

This is part 8 of a 10 part series about behavioral finance.

091 – Excess Is Never Permanent

This is part 7 of a 10 part series about behavioral finance.

090 – Forecasting is for Weathermen

This is part 6 of a 10 part series about behavioral finance.

089 – Your Life is the Best Benchmark

This is part 5 of a 10 part series about behavioral finance.

088 – You Are Not That Special

This is part 4 of a 10 part series about behavioral finance. [00:00:00] But before we get started, I want to let you know something that went down last week. [00:00:06] My dad and I attended the Donald Driver Hall of Fame induction ceremony and for those of you who don't know, I'm from Wisconsin. I have a deep love for the Green Bay Packers. Do not hold that against me. Donald Driver was a great wide receiver and he was being inducted into the Hall of Fame. The Packers have this big party to cel...

087 – 2nd Quarter 2017 Stock Market Review

CLICK HERE TO READ THE Q2 2017 Stock Market Review

086 – If You’re Excited, it’s a Bad Idea

This is part 3 of a 10 part series about behavioral finance.

085 – Trouble is Opportunity

This is part 2 of a 10 part series about behavioral finance.

084 – You Control What Matters Most

This is the start of a 10 part season on behavioral finance. Do not miss the kickoff episode and take the first step in shrinking the behavior gap to increase your investment returns.

083 – 7 Steps to Financial Peace

Do you have debt? If so, are following the steps from the authority on getting out of debt - Dave Ramsey. Today we discuss these steps within the context of a listener's situation.

082 – Quantifying the Value of Financial Planning Advice

What is the true value of financial planning advice? When I buy a new coat or car, I can touch and feel my new purchase. I can visualize exactly what my investment is. We can't touch or feel financial planning advice. Today we will attempt to quantify the value of financial planning advice.