How do you navigate the complexities of the economy and stock market? Andy Christopher, CFA, joins the show to shed light on the relationship between the two and provide insights into predicting market entry points with precision. In this episode, we aim to dispel common myths surrounding market dynamics to help you to protect your investments. From clarifying the role of the Fed to debunking misconceptions about presidential influence on markets, Andy offers practical advice on understanding an...
Apr 26, 2024•45 min•Season 1Ep. 79
Are you contemplating whether to enlist the expertise of a financial advisor as your income rises? In this episode, we dive into the pivotal question: Should you hire a financial advisor? We discuss how to evaluate and question potential advisors, shedding light on the crucial questions you must ask before making a decision. You can find show notes, resources and more at: https://tinyurl.com/bd22j86d
Apr 12, 2024•56 min•Season 1Ep. 78
Today we're diving deep into credit card points, sharing highlights for both seasoned collectors and newcomers alike. Joining us is Mary Graves, who shares her journey into the world of point collection and how it can pave the way for a fulfilling retirement. Discover the strategic moves necessary to accumulate points without depleting your savings, and learn how to leverage them effectively for travel experiences. You can find full show notes, resources and more at: https://tinyurl.com/3rr3hjsm...
Mar 29, 2024•1 hr 10 min•Season 1Ep. 77
With airlines finalizing new contracts and increased 401(k) contributions, the question of whether to invest in a Roth IRA has become a hot topic among pilots. In this episode, we aim to provide clarity on this complex decision and offer guidance tailored to various scenarios and limitations. From understanding who can contribute to a Roth IRA to delving into the concept of Roths, we explore considerations for first officers. You can find show notes, resources and more at: https://tinyurl.com/38...
Mar 08, 2024•40 min•Season 1Ep. 76
Did you know that you're leaving a legacy, whether you realize it or not? Join us for an eye-opening discussion on legacy planning with Jon Cremer, Financial Advisor. In this episode, we dive into the impact of intentional legacy planning and why it's crucial to start thinking about it sooner rather than later. You can find show notes, resources and more at: http://tinyurl.com/mryv6ysa
Feb 23, 2024•50 min•Season 1Ep. 75
Are you ready to explore the dynamic world of Real Estate Investment Trusts (REITs)? Dr. John Worth is an expert in economics and the Executive Vice President of Research and Investment Outreach in a REIT, and he joins us to share his deep understanding of REITs, their crucial role in a diversified portfolio, and how they perform in today's economic environment. You can find show notes, resources and more at: http://tinyurl.com/mzw84wsh
Feb 09, 2024•45 min•Season 1Ep. 74
Tune in as The PMG's discuss the following financial aspects of the SWA 2020 Contract: Market-Based Cash Balance Plan, Tax withholdings for the Ratification Bonus Pay (RBP), New Life Insurance benefits, One-time SWA Profit Sharing rollover opportunity, and more!
Feb 01, 2024•39 min
Join us for a deep dive into the complex world of taxes, where we'll dissect the mysteries of what's fraudulent, what's a gray area, and what's not only legal, but also incredibly smart. Discover why the allure of complexity may not be in your best interest and why trying to outsmart the tax man is a risky game. You can find show notes, resources and more at: http://tinyurl.com/y74d8at9
Jan 19, 2024•39 min•Season 1Ep. 73
Kevin Gormley, CFP, CPA, PFS, and Lead Financial Planner at Leading Edge Financial Planning LLC., joins the show to help us explain the seven critical lessons learned in the tumultuous financial landscape of the past year. Brace yourself for a journey through bank failures, crypto turmoil, and market fluctuations that led to the collapse of major financial institutions, sending shockwaves through the industry. You can find show notes, resources and more at: http://tinyurl.com/5f9s9zux...
Jan 05, 2024•51 min•Season 1Ep. 72
Unlock the secrets of successful investing as we pay tribute to the legendary Charlie Munger. A titan in the business world, Munger's principles for both investing and life are timeless lessons that can shape your journey to prosperity. Delve into the wisdom of a man who, alongside Warren Buffett, navigated the complex world of finance with hunger, humility and unmatched intellect. You can find show notes, resources and more at: http://tinyurl.com/u4dzk9be...
Dec 15, 2023•46 min•Season 1Ep. 71
Explore the world of bonds with Jim Jackson, Co-Chief Investment Officer at Victory Capital. In this episode, Jim delves into the role bonds play in a diverse portfolio and the predictability of their performance compared to stocks. He also simplifies the complexities of bonds, emphasizing their mathematical nature in contrast to stocks, and challenges the financial industry's predictive shortcomings by opting instead for planning. You can find show notes, resources and more at: https://tinyurl....
Dec 01, 2023•45 min•Season 1Ep. 70
When it comes to creating a positive environment for success, it's not just about investment returns—it's about your mental framework and decision-making. In today’s episode, we explore how to identify whether you have a wealthy mindset, as well as what it means to embrace the KISS principle. You’ll find out why being a lifelong learner is crucial and how treating all aspects of your life as investments can lead to both financial prosperity and happiness with a sense of abundance. You can find s...
Nov 17, 2023•42 min•Season 1Ep. 69
What should you do with unexpected financial windfalls, such as a bonus check or unforeseen extra income? Today we answer this question and address the essential balance between celebrating your financial wins and planning for the future, sharing valuable tips to avoid financial pitfalls and the importance of building a robust emergency fund. Listen in to learn how to make the most of unexpected financial gains and more. You can find show notes, resources and more at: https://bit.ly/3QGFghf...
Nov 03, 2023•43 min•Season 1Ep. 68
Discover the secrets to a harmonious marriage and a prosperous financial life in this engaging panel discussion. Join us as we sit down with our team members at Leading Edge Planning, including Betsy Wheeler, Paraplanner, Kevin Gormley, Principal, Jon Cremer, Financial Advisor, and Nolan Clark, Paraplanner, to explore the intricate relationship between marriage and money. You can find show notes, resources and more at: https://tinyurl.com/mwjvtm5p...
Oct 20, 2023•57 min•Season 1Ep. 67
In this episode, we have the privilege of hearing the remarkable aviation journey of Roger Lance, a retired Air Force officer and Vietnam War veteran. Roger takes us on a captivating flight through his experiences, from his early days in aviation to the intense moments in the war. He provides a glimpse into the different aircraft he piloted and shares his favorites, shedding light on the competitive yet camaraderie-filled world of flying. You can find show notes, resources and more at: https://t...
Oct 06, 2023•1 hr 2 min•Season 1Ep. 66
Today we're joined by investment expert Andy Christopher, a Naval Academy graduate and F-35 Contract Instructor Pilot, and Sunil Wahal, a Professor at Arizona State University and Consultant to Avantis Investors. Together, they shed light on the intricacies of investing, emphasizing its profound connection to life itself, and the importance of self-awareness, helping you calibrate your risk tolerance and assess potential risks in your investment portfolio. You can find show notes, resources and ...
Sep 22, 2023•1 hr 9 min•Season 1Ep. 65
Meat of the Mission – Five Ways to Avoid Getting Hacked with Cyber Hunter Akiva Clark Always use Multi Factor Authentication. (MFA) Use different emails for more or less security sensitive accounts. Password strength is critically important. Use password manager. Freeze your credit – Click here to see specific instructions from Nerd Wallet to freeze/lock your credit at all FOUR credit reporting agencies....
Sep 09, 2023•52 min•Season 1Ep. 64
Flight #63 - Dumb Things Smart People Do with Money Questions from the flight deck: · Next year all 401k catch up contributions will be Roth. How will this affect your taxes? · https://www.kiplinger.com/taxes/the-problem-with-401k-catch-up-contributions o Under SECURE 2.0, if you are at least 50 years old and earned $145,000 or more in the previous year, you can make catch-up contributions to your employer-sponsored 401(k) account. o But there’s a catch. You would have to make those extra contri...
Aug 18, 2023•51 min•Season 1Ep. 63
Airline/Aviation News: United AIP, American, FedEx AIP segway Questions From The Flight Deck: What if age 67 passes? What is Hybrid retirement? https://www.nbcnews.com/news/amp/rcna95349 The Senate still needs to pass its own version of the bill before the current authorization expires on Sept. 30. Make an intentional decision - I.e., plan. Those that do not plan – life happens to them, and they get angry and bitter. If you’re squarely “in the green” - Retire! 70% - 90% If you LOVE flying – fly ...
Aug 04, 2023•45 min•Season 1Ep. 62
Questions From the Flight Deck: What do we do with large retro/bonus checks? Is a cash balance plan any good? Meat of the Mission: Never spend more than they make. How? Habit Patterns... What type of spend Spend money on fun stuff; Leisure, fun, travel Don’t spend money on stuff that does not add value – cut it out. YNAB , EveryDollar , or other apps. https://www.iwillteachyoutoberich.com/ Amelie Riendle Podcast ( Flight #44 and Flight #27 ) Prepare more, plan more... What do you want to do in r...
Jul 21, 2023•56 min•Season 1Ep. 61
Questions From The Flight Deck: Introducing: Andy Christopher – F18 Navy Fighter Pilot and Investment Advisor Background How’d you get interested in flying? Why the Navy? Navy flight experience. Ejection story – first flight!?! Meat of the Mission – 529s Common Questions: What if my kid gets a scholarship? Do I need to invest in my state’s 529? No! What if I overfund the 529? Can I give my 529 to my child? How does the 529 affect financial aid? Can I use the 529 for United, Delta, SWA feeder sch...
Jul 07, 2023•55 min•Season 1Ep. 60
Airline News: Pilot retirement age 67!!! Maybe... https://www.usnews.com/news/us/articles/2023-06-14/u-s-house-panel-votes-to-raise-commercial-pilot-retirement-age-to-67#:~:text=%22While%20commercial%20airline%20pilots%20are,help%20address%20a%20pilot%20shortage The pilot age proposal faces opposition from unions and an uncertain fate by a U.S. Senate committee, which will consider its version of the FAA measure on Thursday and does not currently include the pilot age hike. The Air Line Pilots A...
Jun 23, 2023•53 min•Season 1Ep. 59
Airline News: American Airlines, FedEx Agreements in Principle: AIP... How To Think About Your Health And Improve Your Quality Of Life Now And In Retirement Sources: Financial wellness can increase the quality of your physical health. High levels of financial stress manifest through physical symptoms like sleep loss, anxiety, headaches/migraines, compromised immune systems, digestive issues, high blood pressure, muscle tension, heart arrhythmia, depression and a feeling of being overwhelmed. Can...
Jun 09, 2023•54 min•Season 1Ep. 5
Questions From The Flight Deck: What the heck is ChatGPT, and what jobs will most be impacted? What is it...? https://en.wikipedia.org/wiki/ChatGPT What jobs are at risk...? https://www.visualcapitalist.com/cp/which-jobs-artificial-intelligence-gptimpact/ What about ChatGPT from an investing perspective? ETFs: AIQ, BOTZ, ROBT, AIEQ – see Kwanti. https://www.visualcapitalist.com/how-smart-is-chatgpt/ AI in the Cockpit? https://theaircurrent.com/technology/natural-language-processing-aviation-atcc...
May 19, 2023•48 min
Special Test Flight Edition – The Banking System: How Do Banks Operate And What Happens When They Take On Too Much Risk – Silicon Valley Bank? ~Exclusive Captain Rob “Rubber Mallet” Eklund Where is the best cup of cappuccino in New York City, according to Rob’s new friend Luciano Pavarotti?!? Actually, a friend of a friend of Pavarotti... Samir Sanbar . Previously served at the United Nations as International Communications and Media Consultant. How do banking systems work? How do they benefit t...
May 12, 2023•31 min
Aviation News: Age 67 retirement? - https://www.lgraham.senate.gov/public/index.cfm/2023/3/graham-senators-reintroduce-bill-to-address-pilot-shortage#:~:text=The%20legislation%3A,be%20renewed%20every%20six%20months Bill reintroduces Let Experienced Pilots Fly Act…. Pilot Incapacitation recent events, Southwest, Envoy, and others https://www.youtube.com/watch?v=hPUbr6SPcy8 Questions From The Flight Deck: How to vote proxy if you’re a stock owner. DFAS – Discontinue survivor benefit plan (SBP) for...
May 05, 2023•51 min•Season 1Ep. 56
Questions from the Flight Deck: What if the US Dollar is not the dominant world currency? https://www.visualcapitalist.com/cp/how-reserve-currencies-evolved-over-120-years/ Part 1: How to know how much FDIC insurance you have? https://edie.fdic.gov/calculator.html ? Should we be nervous about the banking system? There is no safer place... How much can I actually hold in my bank account, FDIC insured? See FCIC calculator. Why are banks and brokerage firms different? Banks accept deposits onto the...
Apr 21, 2023•48 min•Season 1Ep. 55
Craig Pieper Publisher & Founder of Aero Crew News Scott Rehn CEO of Aero Crew Solutions & Co-Founder of Aero Crew News Craig Pieper’s Linkedin Scott Rehn’s Linkedin Make sure to follow Aero Crew News on Facebook , Instagram , & Twitter Aero Crew Solutions Phone Number: 484-NEW-NEWS...
Apr 07, 2023•46 min•Season 1Ep. 54
Pilot News https://www.reuters.com/business/aerospace-defense/european-regulator-rules-out-single-pilot-flying-by-2030-2023-02-06/ Question From The Flight Deck: Q: Are all annuities Crap? A: Annuities are NOT investments; they are Insurance income products, and most of them are sold as something they are not - again, not investments! People that hate annuities compare them to investments - life insurance is used when people die. Annuities can help people that live too long or need mortality cre...
Mar 24, 2023•47 min•Season 1Ep. 53
How to Be a Real Estate Professional & Save on Taxes with Gina Roth (4:30) How do you recommend selling your primary residence and ensure you don't pay taxes? You have to live in it as your primary residence for two out of the trailing five years Once you complete this, it is free capital gains Married: $500,000 exclusion Single: $250,000 exclusion These can include any improvements to the property (7:15) Requirements to be a Real Estate Professional for tax purposes You must spend 750 hours...
Mar 10, 2023•56 min•Season 1Ep. 52
