Why is knowing about intellectual property important for normal investors? A patent gives you a specific right in a given country. It give the right of exclusivity to sell the item or device, build the device, or import it into the country. A great name, they offer something exclusive, or a company that works hard and offers an excellent product or service. A patent can be placed on any one of these things to bring something unique to an investor. Dr. Daniel Goldstein also explains the complicat...
Dec 14, 2018•40 min•Ep. 221
CFP Rick Rodgers described the three legs of a tax-efficient retirement strategy: Pre-tax After-tax Tax-free Then the panel comes on to discuss Social Security, municipal bonds, and year-end tax strategies that can help you can avoid being taxed on capital gains when expecting a loss in the market. For more information, visit the show notes at http://moneytreepodcast.com/220
Dec 07, 2018•41 min•Ep. 220
Kip Meadows joins us to talk about how ETFs are constructed. He explains that an ETF is a type of mutual fund that trades like a stock. While mutual funds aren't technically traded until the end of the day, ETF transactions can be conducted during intraday trading. "They're organized in a structure that allows buying shares in an underlying portfolio. That's why you go through an exchange because you have to to go through a broker dealer in order to purchase an ETF. The broker-dealer will purcha...
Nov 30, 2018•40 min•Ep. 219
Insider Trading may not be what you think it is. But it is clear that there are rules to follow when certain knowledge is obtained when it comes to buying or selling stocks. When you see people get shares inside their own company and they immediately sell. This is not illegal, and could be used as an indicator in your decision to buy or sell. We also talk about stock buybacks, following the Consumer Confidence index, and how you can read various indicators. For more information, visit the show n...
Nov 23, 2018•41 min•Ep. 218
What's going on in the market? Can you predict the next market downturn from how well the economy is chugging along and the confidence of consumers? For almost a decade, people have been predicting the next bear market. With the recent volatility in the DOW and S&P 500 index, you would think their prediction is coming true. But is it? Doug Goldstein, Linda P. Jones and Miranda Marquit discuss indicators we can examine to determine how the market is doing today and what that means for the fut...
Nov 16, 2018•32 min•Ep. 217
Kevin Quigg describes the differences between ETFs, mutual funds, and the type of person who would benefit from hedge funds. Exchange Traded Funds (ETF) is traded during the day, just as a single stock would be. Mutual funds are typically bought directly through the mutual fund manager. The price is determined by the net asset value of the securities held within the fund at the end of the trading day. Kevin Quigg describes hedge funds as different from ETFs and mutual funds as "sharp tools rathe...
Nov 09, 2018•45 min•Ep. 216
What happens when you win BIG in the lottery? This is the topic Miranda has been pondering when the Mega Millions jackpot reached $1.5 billion. Linda talks about how mortgage rates over 5 percent can impact the market and what it means to you while Doug shares a story of siblings inheriting property from their parents. What could go wrong? For more information, visit the show notes at http://moneytreepodcast.com/215
Nov 02, 2018•33 min•Ep. 215
Can you take advantage of any loopholes in ROTH IRA contributions to withdraw earnings tax and penalty free? That's our first question from Jason who wants to pull from his investment in an early retirement scenario. We also hear from Sweetcase on Facebook who asks, "How do you decide which investing product to use?" Katrine asks if it makes sense to trade binary options. Can she make it work for her? Got a question? Send it to us here: http://moneytreepodcast.com/contact...
Oct 26, 2018•30 min•Ep. 214
ADD, Apps, and Asset Allocation: It's all covered in today's episode. Listeners Alicia, Sally, Katie, Jillian and Shanna sent in questions for this episode. If you'd like to have your question addressed, contact us here: http://moneytreepodcast.com/contact
Oct 19, 2018•38 min•Ep. 213
Chris Hogan speaks to people all over the nation about how to make better moves with their money. As one of Ramsey Solution's speakers, he has the opportunity to address thousands of people who are looking for knowledge, solutions, and answers to their money problems. It's not about numbers, it's about stories One of the ways he gets his message across is by telling stories. Stories, as Joe Saul-Sehy says, is what's missing in today's financial media. Chris Hogan agrees that personal testimonies...
Oct 12, 2018•24 min•Ep. 212
Anand Talwar from Ally Bank explains how banks make their money. The primary way is through loans. Consumer loans, such as Ally's leading auto finance business, need to charge more in interest rates than they are paying out in savings account interest. This ensures the entity earns more than it spends on overhead and other expenses. Anand points out that brick-and-mortar banks have different expenses than online banks, as they need to cover facilities costs and on-site employees. This makes it e...
Oct 05, 2018•22 min•Ep. 211
Would you move to an overseas city if it only cost $40k a year to live? CNBC wrote an article about five overseas cities where you could have a comfortable retirement for $37,000 a year. Miranda, Joe and Linda talk about the things one would have to leave behind but also the benefits of moving to a different location that don't only have to do with money. Pros and cons to moving overseas: The internet makes it easy to connect with anyone almost anywhere in the world In some locations the interne...
Sep 28, 2018•40 min•Ep. 210
Recently JP Morgan announced the release of their new investing app, which leave many saying "Welcome to the club". Fintech is changing the way we do money - and it's here to stay. Budgeting, spending, investing, and even trading are all influenced by fintech. Fintech products are helping people become influence marketers, and our guest Joe Saul-Sehy says apps help create community. One more thing that is coming out of the fintech movement is the ability to get people interested in money. Joe lo...
Sep 21, 2018•54 min•Ep. 209
75% of people who receive inheritances go through all the money within 5 years. Aretha Franklin passed away intestate (without having made a will). Doug Goldstein knows a thing or two about inheritances and released a book with helpful advice about how to handle a windfall - and how to properly leave an inheritance to your loved ones. For more information, visit the show notes at http://moneytreepodcast.com/208
Sep 14, 2018•37 min•Ep. 208
Dr. Daniel Crosby shares the fundamental methods for investing success based on his studies of human behavior and finance. The 4 C's to behavioral investing: Consistency Clarity Courageousness Conviction and some of The Ten Commandments of Investment Behavior. For more information, visit the show notes at http://moneytreepodcast.com/207
Sep 07, 2018•55 min•Ep. 207
If you believe we are due for a correction in the market, would you plan to borrow money on your house to invest during the downturn? That's what one listener, Sigmund from Norway, plans to do. He's debt free and has a paid-for cabin, which he plans to mortgage during the next recession. What does the panel think? Charles's daughter has $1,000 worth of EE Savings Bonds that were given to her over the years by her step-grandmother. They already have enough saved for her to go to college, so what ...
Aug 31, 2018•48 min•Ep. 206
Linda P. Jones feels the financial industry hasn't done a good job getting women interested in investing like it has for men. But what's the real harm? Linda shares reasons why it's important for women to become a "Wealth Heiress" so they don't outlive their savings and she gives clear direction with helpful tips in her new book " You're Already a Wealth Heiress! Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now". For more information, visit the show notes at http://moneytre...
Aug 24, 2018•32 min•Ep. 205
Do you take into account the social mission or the social impact of the investments you buy? Eddie Lorin from ImpactHousing.com shares ways to invest well while doing good. Eddie helps people invest in ways that help people through the investments they purchase, such as REITs that invest in multi-family properties. For more information, visit the show notes at http://moneytreepodcast.com/204
Aug 17, 2018•38 min•Ep. 204
Real estate investors Jake and Gino bought their first rental property, then learned it was a "crack den". But they didn't quit, and they own more than 900 multifamily units. They speak with Linda P. Jones about what it's like to own multifamily units - and what to look out for. "You make money on the buy", says Gino. Our panel agrees, and discusses more on the topic of multi-unit rental real estate: Is rental real estate the place to go if you don't have confidence in the stock market? Will fin...
Aug 10, 2018•52 min•Ep. 203
Mark Byelich and Paul Murray say the best and most advantageous bucket is the tax-free bucket. A tax-free bucket includes things like Roth IRAs, Roth 401(k)s and the cash value of life insurance policies. Mark and Paul, from share their thoughts with Joe Saul-Sehy, which led to an interesting discussion with the panel about: Can you live a lifestyle and pay no tax? Is permanent life insurance a good tax savings vehicle? What tax strategy is most commonly overlooked or underutilized? For more inf...
Aug 03, 2018•46 min•Ep. 202
We are starting the next 200 episodes with another Listener Questions episode: Michael is 35 years old, has no debt, and $30,000 in his checking account. He contributes 3 percent of his earnings to his company's 401(k) to gets the match. Michael wants to get more aggressive with his investments. Should he contribute more or just change out of a target date fund? John wants to understand the difference between an exchange traded note and an exchange traded fund. Also, inverse index ETFs like DXD ...
Jul 27, 2018•39 min•Ep. 201
Celebrating our 200th episode with stories of our biggest successes and financial mistakes. For more information, visit the show notes at http://moneytreepodcast.com/200
Jul 20, 2018•42 min•Ep. 200
It's not the technical stuff that keeps people from failing in retirement, life events keep people from making it through their golden years. Greg Sullivan says personal, emotional and relational things that happen in life that can throw your retirement. He says making portfolios based on 8 years of cash needs, and some incremental changes along the way to retirement, helps weather the storm of any market cycle. He also talks with Joe about Long Term Care Insurance and a chapter called "The Nest...
Jul 13, 2018•47 min•Ep. 199
The secret to success doesn't come from a pill. Julia Carlson shares tips she sees her rich clients use to create wealth. Surprisingly, most of her tips don't involve being the best at investing: • Couples do finances together • Investing while living on less then you make • Making purchases based on experiences and not stuff She also shares information about her clients paying off the mortgage and what it does for the overall health of their finances. For more information, visit the show notes ...
Jul 06, 2018•32 min•Ep. 198
Tracy Worthington didn't want to go to college, so she got a cosmetology license. She began by selling candles and soaps to friends but ended up creating an entire line of 100 items. Today she runs a very successful business in Palm Springs called Just Blow Drys. This prompted Linda to inquire, "Will entrepreneurship be the key for the next generation to create their wealth?" The panel also gets into this look into the future where malls become a huge collection of restaurants and delivery servi...
Jun 29, 2018•44 min•Ep. 197
Whether using an investment manager or robo-advisor, setting a goal is one of the most important steps in financial planning. Rick Frisbie from RobustWealth.com speaks to this point and the importance of having an investment strategy that will take you to where you want to be down the road. Investing doesn't have to be just for retirement savings. It can be for travel, a new house, anything you can dream up that requires long-term planning. For more information about this episode, visit the show...
Jun 22, 2018•33 min•Ep. 196
When shopping for long term care insurance, what are the pros and cons to take into consideration? This is the first in a line of questions we answer from you - the listener. Cheryl asks about the pros and cons of long term care insurance. Dan is familiar with a Child IRA and wants the panel to talk about a Ricky Trust. They take it a bit further by discussing the benefits of investing at a young age. David asks if there is any sense in timing the markets to take advantage of a probably drop. Or...
Jun 15, 2018•37 min•Ep. 195
Why does the market drop when financial news is good? This is just one listener question we answer in today's Listener Questions episode. Justin saw the job's US jobs report described more job and better pay, but S&P fall more than 2 percent that day and 4 percent the following Monday. Harry wants to know if he should move out of his Target Date Fund into a lower cost index fund. He also wants to know if he should have a Roth IRA, invest more into his ETFs, do more investing into his ETFs wi...
Jun 08, 2018•40 min•Ep. 194
Taylor is on the way to FI (financial independence). He also likes the idea of retiring early, which completes the acronym FIRE. So he and his wife are putting away more than 70 percent of their income. Before his journey, Taylor liked saving money. Then met a woman who brought more frugal habits into their relationship - and more income. He also read The Richest Man in Babylon, which furthered his desire to spend wisely and invest a ton of money for the future. Listen to his story - and to the ...
Jun 01, 2018•53 min•Ep. 193
Miranda sits down with Lorraine Ell, CEO and Senior Financial Advisor at Better Money Decisions, about ways to find and identify the right financial advisor for you. Are there clear signs for when you need to seek the advice of a financial advisor? You want to find an advisor that does comprehensive planning, not just one who looks at your retirement savings. Does your financial advisor help you to understand the investing options and financial decisions placed in front of you? Lorainne Ell says...
May 25, 2018•36 min•Ep. 192
