When I use others’ research I always try to give proper credit to the source. Much of the information and research for today’s podcast comes from Consumer Reports Money Adviser (January 2007 Issue). If you listen to AM radio, watch any of the cable news networks and/or your evening news, or read a newspaper, you have probably heard the following terms: Federal Reserve, Federal Reserve Chairman Ben Bernanke, Inverted Yield Curve, GDP, and Inflation Rate. How many of us really know what these figu...
Feb 09, 2007•32 min
The backbone of good investing is Asset Allocation, and today I am going to load you up with great information. Terms needed to understand asset allocation: Domestic Stocks = US Companies Market Capitilization of US Stocks (According to Morningstar): Large Cap = US Companies with a Market Cap greater than $11 Billion (these are the companies that are household names like Wal-mart, GE, Home Depot, Coca-Cola, Pfizer, and so forth) Mid Cap = US Companies with a Market Cap between $2-$11 Billion (th...
Jan 24, 2007•34 min
Before we can look forward I think that it is smart to review what happened in 2006: Domestic Stock Markets: * The 2006 market was interesting in the fact that the first half was pretty flat as everyone tried to figure out what the Federal Reserve was going to do with interest rates. * The second half was El Fuego (“ON FIRE” for my Spanish-challenged listeners). The Fed decided to take a break with interest rates, oil prices dropped, everybody and their brother decided it was a good time to merg...
Jan 10, 2007•31 min
A recap on where to get good advice and what to watch out for. Unfortunately, my industry still has too many short sighted individuals. What I mean by this statement is that there are a lot of advisors, brokers, agents, and reps that are looking for the big score, and could care less about the long term financial health of their clients. My personal belief is that if you do good things for others it comes right back to you. Fortunately for me and my company most have not realized that you can ma...
Dec 13, 2006•29 min
The government recognizes that most individuals have been asleep at the wheel when it comes to saving for their retirement, and they are also unaware that Social Security is only a few decades from a funding disaster (don’t worry I am not going to go there on today’s show). As a result of this SILENT BUT DEADLY BUILDING DISASTER the government has made several changes that provide tremendous opportunities for you to save for your future retirement and financial independence. What retirement opti...
Nov 22, 2006•28 min
I received an email from a subscriber (thanks Helen) suggesting that I watch the PBS Frontline special titled “Can You Afford to Retire”. I was so impressed with the program that I have decided to focus today’s podcast entirely on the special. The focus of the program is on the changing retirement landscape. 1974 Retirement Funding: 11% Employee 89% Employer 2006 Retirement Funding: 51% Employee 49% Employer “Defined Pensions”: The Endangered Species ...and more. For more information, visit the ...
Nov 10, 2006•34 min
Ok everyone please quit sending me emails on how to become a Financial Advisor. I have been bullied enough that I will spill the beans. According to CNNMoney.com I have the 3rd best job in America. Before you run out and decide to change careers let me provide you with my thoughts: * You have to be good at taking test and going to school * To be good you have to love numbers (and I mean truly love numbers) * This is also one of those professions that requires a unique personality mix – you have ...
Nov 01, 2006•38 min
In this weeks Financial Chaos Topic we discuss the following: A Creative Way to Give and Avoid Taxes at the Same Time If you are Charitable and Sick that the Government makes you take taxable RMD from your Retirement Accounts Wesley Snipes joins the ranks of Willie Nelson and other not so tax smart celebrities. Don't mess with the only organization that can show up and just take your stuff! For more, go to http://www.moneyguy.com/2006/10/the-tax-smart-way-to-better-the-world/ Learn more about yo...
Oct 20, 2006•37 min
In this week's Market and Media Update: ** Should we be concerned with the recent run up of the stock markets? Investor Apathy Means the Market Stays Bullish - Motley Fool ** Who is this YouTube Inc. guy (Chad Hurley) that is now worth $1.65 BILLION? Google's Billionaire Boys Club Gets a New Member ** Now that I am depressed about reading about YouTube's success I might as well play the lottery! How to Play the Lottery; The Smart Way - Howstuffworks Learn more about your ad choices. Visit megaph...
Oct 13, 2006•29 min
Listen to the show for the following information: * The Hierarchy of Investment Decisions * The Cycle of Market Emotions * Common Investing Mistakes * How to Solve Investing Mistakes * How to Accumulate $1 Million by Age 65 * Insight from Warren Buffett For more, visit http://www.moneyguy.com/2006/10/lazy-investors-are-the-wealthest/ Learn more about your ad choices. Visit megaphone.fm/adchoices...
Oct 04, 2006•50 min
Update on the Market and Media, September 20, 2006 Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 20, 2006•32 min
The following statement is harsh but true: Most individuals are not going to become affluent because they take the easy way out in the majority of their financial decisions. Examples: Putting off investing in your ROTH IRA or maximizing your 401k at work... Read more: http://www.moneyguy.com/2006/09/secrets-of-real-estate-investing-grq/ Learn more about your ad choices. Visit megaphone.fm/adchoices...
Sep 13, 2006•27 min
Update on the markets and media, September 2006 Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 08, 2006•18 min
Episode #15 of the Money-Guy Podcast GRQ? “Get Rich Quick” with Real Estate Investing = Fool’s Gold Stay up late at night and you can not miss the following claims: Use our exclusive Real Estate program and you can be a millionaire, and all for the cost of $2,495 to attend our intense 3 day […] Learn more about your ad choices. Visit megaphone.fm/adchoices
Sep 01, 2006•35 min
Recap of the recent financial markets, August 2006 Learn more about your ad choices. Visit megaphone.fm/adchoices
Aug 25, 2006•11 min
The majority of subscriber questions that I receive focus on 401ks and other employer provided retirement plans. I have finally recognized that I need to focus on helping you maximize your retirement accounts. To learn the Common Mistakes on managing your Retirement Plan, go to http://www.moneyguy.com/2006/08/conquering-your-401k-and-other-retirement-accounts/ Learn more about your ad choices. Visit megaphone.fm/adchoices...
Aug 21, 2006•45 min
Episode 13 of the Money-Guy Podcast For this episode of the Money-Guy Podcast, Brian answered subscriber emails, so there will be no show notes. Thanks for your continued support! For more, go to http://www.moneyguy.com/2006/08/money-guy-08-04-2006 Learn more about your ad choices. Visit megaphone.fm/adchoices
Aug 04, 2006•38 min
Credit is also a great lead in to the Power of Debt. Debt gets a bad rap by most financial professionals and there is a reason. Unfortunately most individuals do not use debt as a wealth enabler instead they use it to extend their income and life style (an expensive way of faking success). For more, go to http://www.moneyguy.com/2006/07/money-guy-07-13-2006-podcast/ Learn more about your ad choices. Visit megaphone.fm/adchoices...
Jul 13, 2006•40 min
Being Serious Credit is truly powerful: If used correctly it can help make your life much easier including Buying or refinancing real estate Earn you rewards for everyday purchased through credit cards Lower your Insurance Rates (in case you did not know most insurers are now using your credit rating to help them evaluate you as a property and casualty insurance client For more, visit http://www.moneyguy.com/2006/06/money-guy-6-29-2006/ Learn more about your ad choices. Visit megaphone.fm/adchoi...
Jun 30, 2006•53 min
Investment Lemmings-Don't Become One! The last two weeks have been big losing days for stock investments. Since May, Morgan Stanley's EAFE Index, which tracks European, Asian, and other international stocks is down 12% while the Emerging Markets Index is down 20% and the S&P is down 6%. Also, around nine billion dollars was transferred from stocks to money markets last week. For more information, visit http://www.moneyguy.com/2006/06/money-guy-6-15-2006/ Learn more about your ad choices. Vis...
Jun 16, 2006•41 min
On May 17, 2006, President Bush signed into law the Tax Increase Prevention and Reconciliation Act of 2005. Many income tax benefits expired at the end of 2005 but were not extended by this legislation (e.g. the deduction for state and local sales taxes; the deductions for school teacher's expenses; the deduction for higher education expenses; etc.). More information can be found at http://www.moneyguy.com/2006/05/money-guy-05-31-2006 Learn more about your ad choices. Visit megaphone.fm/adchoice...
May 31, 2006•45 min
Basic Goal Planning: Short Term= Anything less than 5-7 years. Long Term= Anything greater than the 7-year holding period. For more information, go to http://www.moneyguy.com/2006/05/23 Learn more about your ad choices. Visit megaphone.fm/adchoices
May 17, 2006•49 min
The Importance of Wills and Estate Planning Wills Help You With: Funeral Arrangements Disposing of your property Names a guardian for your minor children Names the executor or the administrator of your estate For more information, including Legal Terms Used in Estate Planning, go to http://www.moneyguy.com/2006/05/money-guy-5-5-2006-podcast/ Learn more about your ad choices. Visit megaphone.fm/adchoices...
May 05, 2006•38 min
While not great investments, cars are important purchases for most of us. Beyond how we feel driving them, they're expensive to buy, own, and operate. Fortunately, smart buyers can get an edge by doing their homework, collecting the right data, and having a negotiating strategy. Being smart definitely pays off! To read the 4 Steps to Winning the New Car Game, go to http://www.moneyguy.com/2006/04/winning-the-car-buying-game/ Learn more about your ad choices. Visit megaphone.fm/adchoices...
Apr 19, 2006•42 min
Financial Chaos Topic: Choosing a Financial Professional The US Securities Exchange Commission (SEC) says the best advice it can give you about how to invest wisely is Ask Questions. For a full list of questions, visit http://www.moneyguy.com/2006/04/money-guy-452006-podcast/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 05, 2006•43 min
Steps To Take If You Come Into a Financial Windfall Create breathing room for yourself Screw your head down to your shoulders Organize a Financial Team For more information, go to http://www.moneyguy.com/2006/03/march-15th-2006-podcast-from-the-money-guy-j-brian-preston-cpa-cfp-pfs Learn more about your ad choices. Visit megaphone.fm/adchoices...
Mar 17, 2006•41 min
Common Deductions That Too Many People Miss 1. Non-cash Contribution 2. New Points on Refinancing 3. Old Points on Refinancing 4. Health Insurance Premiums 5. Educator Expenses 6. Miscellaneous Expenses For more details, go to http://www.moneyguy.com/2006/02/february-27-2006-podcast-tax-planning Learn more about your ad choices. Visit megaphone.fm/adchoices...
Feb 27, 2006•32 min
New and Exciting Update!! Next Financial Chaos Topic: Tax Preparation and Planning with special guest co-host Brandon Verner, CPA , a partner with Verner, Perling & Company, P.C. For more information, visit http://www.moneyguy.com/2006/02/february-13th-2006-podcast-from-the-money-guy-j-brian-preston-cpa-cfp-pfs Learn more about your ad choices. Visit megaphone.fm/adchoices...
Feb 13, 2006•36 min
Why Big Insurers Are Staying Away From This Year's Hot Investment Product from the December 14th, 2005 Wall Street Journal by Jonathan Clements Choosing a 529 College-Savings Plan: When It Makes Sense to Go Out of State from the January 4th, 2006 Wall Street Journal by Jonathan Clements For more information, visit http://www.moneyguy.com/2006/01/restoring-order-to-your-financial-chaos Learn more about your ad choices. Visit megaphone.fm/adchoices...
Jan 30, 2006•49 min
