August has not been friendly to the retail sector. Many are wondering if this is a sign the economy is weakening and on the verge of a recession. On this podcast, Karl Eggerss explains what he sees in the retail sector and the health of the overall economy. Jerome Powell also spoke on Friday and Wall Street was trying to get some insight into the Federal Reserve's next move. Plus, is your car spying on you? Technology is helping the dealership know what's going on with your car, but is this a go...
Aug 26, 2023•21 min
The stock market has pulled back from recent highs as investors digest higher interest rates, a bankruptcy in a Chinese real estate company, and updates on the health of the consumer. In addition, the stock market is entering into a seasonally weak time of the year. On this podcast, Karl Eggerss discusses the state of the financial markets and gives an update on the latest moves by some of the largest investors in the world. Topics discussed on this podcast: Chinese Real Estate Interest Rates Bo...
Aug 19, 2023•27 min
For well over a decade, interest rates were near 0%. That’s not the case anymore. The Federal Reserve raised rates at a rapid rate in 2022 and 2023. This has both positive and negative repercussions. On this podcast, Karl Eggerss explains why and how short-term instruments like money markets are now an option in an investment allocation. In addition, paying off old debt may not be the best move. Topics discussed on this podcast: Money Markets Cash Debt Interest Rates For more information, go to ...
Aug 12, 2023•25 min
Every investor wants the highest returns with the least amount of risk. But, we can't always have that. On this episode, Karl Eggerss discusses a way to build a portfolio that allows for risky investments with the goal of higher returns, while still maintaining the long term plan. Topics discussed on this podcast: Risky Investments Alternatives Stocks Real Estate Portfolio Construction For more information, go to https://www.creatingricherlives.com #riskyinvestments #alternatives #portfolioconst...
Aug 05, 2023•21 min
Have you ever felt stuck in an investment? Have you ever felt the fear of missing out as stocks are going up and you aren't participating? On this episode, Karl Eggerss walks listeners through the thought process it takes to become a succsesful investor over the long term. Plus, how do capital gains factor in your decision making process when it comes to selling an investment? Karl explains why sometimes it may be worth paying a capital gains tax. Topics discussed on this podcast: FOMO Stocks Ca...
Jul 29, 2023•26 min
Karl's guest this week is Justin Pawl, CFA, CAIA, CFP®. He recently wrote an article titled " Once Bitten, Twice Shy " discussing various issues that get between an investor and successful investing. The financial industry calls it behavioral finance. Topics discussed on this podcast: Investing Biases Investor Confidence Homo Economicus For more information, go to https://www.creatingricherlives.com #stocks #investing #biases #behavioralfinance #today #listening @CAPTRUST...
Jul 22, 2023•28 min
Do you think the stock market is about to drop? If so, what do you do with your stocks? Sell them, hold them, or change them? Karl Eggerss discusses the best ways to build a portfolio if you think rocky times are ahead. Topics discussed on this podcast: Stocks Dividends Nasdaq Rebalancing Inflation Federal Reserve For more information, go to https://www.creatingricherlives.com #stocks #dividends #nasdaq #inflation #today #listening @CAPTRUST...
Jul 15, 2023•24 min
It is believed the first mutual fund dates back to 1774. Since that time, a lot has changed including more ways for investors to gain access to the stock market. Are mutual funds outdated? Are they still useful? Do they still play a part in a portfolio? On this podcast, Karl Eggerss answers these questions in an educational episode. Topics discussed on this podcast: Mutual Funds Exchange Traded Funds (ETFs) Stocks Diversification For more information, go to https://www.creatingricherlives.com #m...
Jul 08, 2023•24 min
The first half of the year is in the bag and it looks dramatically different than it did in 2022. The leaders have changed and the concentration of some big technology stocks have skewed some of the strength so far. On this podcast, Karl Eggerss goes through what has worked in the first half and what to look for in the second half of the year, including whether the rally can continue. Topics discussed on this podcast: Technology stocks First half recap 4th of July Inflation Can the rally continu...
Jul 01, 2023•22 min
On this podcast, Karl Eggerss discusses the FOMO that seems to be getting worse in the stock market. In fact, it appears there is a new generation of investors who have learned bad habits and may have to learn a lesson the hard way. Karl shares the one way an individual can learn. Plus, how did you gain your wealth? Topics discussed on this podcast: FOMO Meme Stocks Stocks Wealth Creation Financial Mistakes For more information, go to https://www.creatingricherlives.com #FOMO #stocks #today #lis...
Jun 24, 2023•26 min
On this podcast, Karl Eggerss discusses financial planning software, budgeting tools and apps, and whether or not they are necessary. Find out what he uses to track his expenses and what tools CAPTRUST uses for clients to not only track expenses, but do in depth financial planning. Topics discussed on this podcast: Financial Planning Apps Budgets Federal Reserve For more information, go to https://www.creatingricherlives.com #budget #financialplanning #apps #retirement @CAPTRUST...
Jun 17, 2023•21 min
On this episode, Karl Eggerss discusses whether or not the economy and the financial system is back to normal. After years of ZIRP (zero interest rate policy) by the Federal Reserve, interest rates are now much higher than in years past. This has changed the game. Topics discussed on this podcast: Interest Rates Economy Federal Reserve Stock Market Recession For more information, go to https://www.creatingricherlives.com #recession #stocks #federalreserve #economy @CAPTRUST...
Jun 10, 2023•25 min
On this episode, Karl Eggerss welcomes guest Oliver Norman, CFP® to the podcast to discuss some items that may be missing from your estate plan. There are legal documents that are included in most estate plans. But, what about the non-legal items? Topics discussed on this podcast: Estate Planning Personal Statement to My Heirs Will Legacy For more information, go to https://www.creatingricherlives.com #estateplanning #financialplanning #legacy #will #heirs @CAPTRUST...
Jun 03, 2023•24 min
We all grew up hearing to only "live off the interest". Our parents and grandparents told us that was what we should do in retirement. In other words, never invade the principal. But, is that correct? Karl Eggerss discusses this concept on this episode. Are you short changing yourself by living off of the interest only? Topics discussed on this podcast: Living Off The Interest Principal Retirement Interest Rates For more information, go to https://www.creatingricherlives.com #interest #principal...
May 27, 2023•19 min
In the last 30 years, we've seen some big changes in the way we live and subsequently new investment opportunities. First, was the internet in the late 1990s. Then crypto currencies at the end of the last decade. Some got rich from these new inventions and some went broke. On this podcast, Karl Eggerss discusses the latest "big thing", artificial intelligence. Will it change our lives? Are there investment opportunities? This is answered on this podcast. Topics discussed on this podcast: Artific...
May 20, 2023•18 min
What do you do when your portfolio is falling? This is when the biggest investment mistakes happen. Karl Eggerss addresses how to handle stock market volatility on this episode. Plus, one of the biggest divergences in stock performance ever is happening right now. Karl explains. Topics discussed on this podcast: Stock Market Losses Small Business Optimism Volatility Inflation Nasdaq FOMO For more information, go to https://www.creatingricherlives.com #inflation #Nasdaq #volatility @CAPTRUST...
May 13, 2023•28 min
With interest rates rising rapidly and the Federal Reserve continuing their inflation battle, it's a good time to assess your debt. Should you always rush to pay off debt? It depends. Plus, another week and another bank failure. Karl Eggerss explains on this episode. Topics discussed on this podcast: Debt First Republic Leading Economic Indicators Federal Reserve Interest Rates For more information, go to https://www.creatingricherlives.com #stocks #bonds #FederalReserve #banks @CAPTRUST...
May 06, 2023•21 min
Despite any negative news, the stock market continues to move higher. But, not all stocks are participating. In fact, Karl Eggerss shares some surprising stats as to how many stocks are actually participating in the rally. Plus, Karl eplains how to turn a temporary loss into a permanent one. Topics discussed on this podcast: FAANG Stocks FOMO Concentrated Stock Market Diversification For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcas...
Apr 29, 2023•22 min
The debate over whether or not the stock market is efficient has raged on for years. On this episode, Karl Eggerss explains what the Efficient Market Hypothesis is and whether or not it actually exists in today's stock market. Karl gives a real example that proves his case. Topics discussed on this podcast: Efficient Market Hypothesis (EMH) Stocks Real Estate Investment Trusts (REITs) IPOs For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the ...
Apr 22, 2023•20 min
There has a lot of chatter regarding the destruction of the dollar. Other countries have discussed creating their own reserve currency. What's the likelihood of this happening? What would be the impact on your life and your portfolio? Karl Eggerss invites Justin Pawl, CFP CFA back to the podcast to discuss. Topics discussed on this podcast: Dollar International Stocks Interest Rates BRICS Diversification For more information, go to https://www.creatingricherlives.com For suggestions or questions...
Apr 15, 2023•25 min
It's Masters Week. The Super Bowl of golf. Being a golfer, Karl Eggerss has learned a lot over the years. And, one of the basic rules in golf to improve one's scores is to avoid the blow up holes. Karl takes this analogy and explains how to apply it when managing an investment portfolio. Plus, what are some ways you can protect your portfolio? Karl gives some practical ways to do just that. Topics discussed on this podcast: The Masters Options Stop Losses Diversification Gold For more informatio...
Apr 08, 2023•28 min
The first quarter of 2023 is in the books. The financial markets are acting almost the complete opposite of 2022. Interest rates are falling, tech stocks are once again loved, investors are hoping that the Federal Reserve is almost done with their tightening cycle and the economy will have a "soft landing". But, what if that doesn't happen? Karl explains why he's still a little cautious. Topics discussed on this podcast: Federal Reserve Balance Sheet Nasdaq FANG stocks IRS Scams Bear Market Rall...
Apr 01, 2023•25 min
The Federal Reserve did it. They raised interest rates...again, despite trouble in the banking sector. Janet Yellen, Treasury Secretary, gave the markets some mixed messages causing more volatility for investors. But, despite all of that, stocks eked out a gain for the week. Topics discussed on this podcast: Janet Yellen Federal Reserve Diversification Stocks Bonds For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email info@creat...
Mar 25, 2023•23 min
While risk can be mitigated, it can't be avoided. On this episode, Casey Keller, CFA joins Karl Eggerss to discuss several types of risks that perhaps you are overlooking. They take a deep dive into some of them and how to reduce your overall risk. Topics discussed on this podcast: Risk Silicon Valley Bank (SVB) Diversification Stocks Bonds For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email info@creatingricherlives.com #risk ...
Mar 18, 2023•29 min
On this episode, the 2nd largest bank failure occured this week. And, it almost came out of nowhere. Is it a systemic issue or an isolated incident? Karl Eggerss explores this and everything that was affected. Topics discussed on this podcast: Too Big To Fail The Federal Reserve Silicon Valley Bank (SVB) Recession Diversification Economy For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email info@creatingricherlives.com #toobigto...
Mar 11, 2023•21 min
On this episode, Karl Eggerss answers a question he gets fairly frequently. What’s the proper allocation of stocks one should have in their portfolio? Karl gives two practical ways to begin figuring it out. Topics discussed on this podcast: Stock Allocation Diversification Financial Planning Consumer Deterioration Economy For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email info@creatingricherlives.com #allocation #investments ...
Mar 04, 2023•23 min
On this episode, Karl Eggerss welcomes guest Oliver Norman to the show who shares some important tips on getting financially organized. This show is full of useful ways to begin the process. Topics discussed on this podcast: Financial Organization Estate Planning Password Managers Beneficiaries Transfer On Death Digital Vaults For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email info@creatingricherlives.com #financialorganizati...
Feb 25, 2023•29 min
Since 2008, interest rates have generally been suppressed making it very difficult for investors to find reliable and reasonably high income. On this podcast, Karl Eggerss welcomes guest Justin Pawl to discuss some ways to build a portfolio with the goal of generating income. Topics discussed on this podcast: Bond Ladders Dividend Paying Stocks Covered Calls Structured Credit Monthly Income Inflation REITs For more information, go to https://www.creatingricherlives.com For suggestions or questio...
Feb 18, 2023•43 min
After almost 30 years investing on behalf of clients, advising clients, doing national television interviews, and meeting some of the biggest names on Wall Street, there's some things Karl Eggerss has learned. On this episode, Karl will share what's the biggest secret on Wall Street. Topics discussed on this podcast: Millionaires How the Ultra High Net Worth invest their money Bond Ladders Monthly Income For more information, go to https://www.creatingricherlives.com For suggestions or questions...
Feb 11, 2023•20 min
On this podcast, Karl Eggerss discusses liquidity events, whether it's selling your business or an inheritance. What are all the various aspects you need to think about? Have you considered the tax burden, the structure of your estate, the effect it will have on your family and future generations? Karl runs through a checklist of items that will help prepare you and your family. Plus, a winter storm hit Texas recently. Are you prepared in the event you didn't have power for 24-48 hours? Topics d...
Feb 04, 2023•25 min
