Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

The Money Guy Show | Investing, Tax, Estate, Retirement, Insurance, Spending, Saving, and Wealth Building Advice

Restoring Order to Your Financial Chaos
The Money Guy Show | Investing, Tax, Estate, Retirement, Insurance, Spending, Saving, and Wealth Building Advice

Description

Brian Preston and Bo Hanson, fee-only financial planners and wealth managers, go beyond common sense as they help you make smart financial decisions. Their professional credentials, sophisticated topics, and approachable style have attracted thousands fans and made them a personal finance phenomena. Learn more about Brian and Bo, read, listen, or watch the show, follow the blog, and connect directly to go beyond common sense at www.moneyguy.com.

Link: www.moneyguy.com

Categories

Business
Education

Episodes

Are Generous People More Successful?

Nov 30, 2018 22:21

Description:

Are generous people more successful? Cultural idioms like it’s a “dog-eat-dog-world” and “nice guys finish last” may have you thinking that while generosity is the “right” way to be, it doesn’t always pay-off in the end. And that somehow the “ends justifying the means” is the way to get to the top of the success scale.

Well, we have a contrary belief to the worldview of generosity and, as it turns out, there are studies that reveal that generosity does, in fact, lead to success!

Be sure to tune-in to this week’s short episode of The Money Guy Show to find out just how successful some generous people are and how they get there while others do not.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/11/generous-people-more-successful/

12 Days of Saving this Holiday Season

Nov 23, 2018 39:47

Description:

Ever wonder what the 12 days of Christmas cost? Well, we did too! Today’s episode is inspired by PNC Bank’s Christmas Price Index. For 35 years, they have calculated the prices of the twelve gifts from the classic carol "The Twelve Days of Christmas." The result is the PNC Christmas Price Index, a unique and whimsical holiday tradition that makes learning about the economy fun.

In addition to covering PNC’s Christmas Price Index and inflation, we also wanted to relate these twelve traditional gifts to financial tips and recommendations we think you ought to take care of before 2019 gets here. We are only a few weeks away from a brand new year, and there are certain financial matters that are better to address in the current calendar year.

Money Guy Show family, it is officially “Merry Christmas” time. Join us for today’s episode of The Money Guy Show as we uncover the 12 ways you can save this holiday season!

 

For more details, please visit the show notes on our website: https://www.moneyguy.com/12-Days-Saving 

Financial Advice You Wish You Knew as a Teenager

Nov 16, 2018 16:56

Description:

Today’s episode of The Money Guy Show is inspired by a listener question.  This listener wrote in to the show and asked us what advice we wish we knew as a teenager, because she is a youth group leader working closely with young adults. And what a great question this is!

So, we’re shifting today’s episode to speak directly to our teenage listeners and parents with teenagers. Even if you aren’t in this group of listeners, there are still plenty of useful and timeless tips we share to help set you up for financial success.

For more details, visit the show notes on our website:  https://www.moneyguy.com/financial-advice-teenager

How to Become the Next Millionaire Next Door with Dr. Sarah Stanley Fallaw, Ph.D.

Nov 9, 2018 01:03:15

Description:

We have a special show for you this week with a very special guest: Dr. Sarah Stanley Fallaw, Ph.D. Dr. Fallaw is the founder and President of DataPoints LLC, a company that provides scientifically validated, automated behavioral finance tools to the financial services industry. DataPoints created the industry's first biodata-based, predictive assessment of individual propensity to build wealth. She is the co-author of The Next Millionaire Next Door, a new edition to her father Dr. Thomas Stanley’s original text The Millionaire Next Door.

Dr. Fallaw joins us to share her research on what the portrait of today’s millionaire looks like. She reveals the psychological and behavioral side of financial planning. Tune in to find out how the way people think about and react to money correlates with their ability to build wealth.

For more details, visit the show notes on our website:  https://www.moneyguy.com/2018/11/become-next-millionaire-fallaw/

The Ultimate Guide to Planning a Trip to Walt Disney World!

Nov 2, 2018 28:45

Description:

Hey Money Guy Show family! We’re back with a second episode on how you can plan for your next magical Disney World vacation. We did a similar show two years ago (Maximizing the Magic: All the Ways You Can Save Money at Walt Disney World) and are back with even more tips and tricks you can use to help you make the Disney magic go further.

Brian just returned from a family vacation to Disney World in mid-October and has fresh and new ideas to share with you. When a Disney World vacation can easily cost you thousands of dollars, it’s vital to get the most from your Disney experience.

Tune in to this week’s mini-episode of the Money Guy Show to get new Disney World planning tips, money savings tactics, and exciting park updates.

For more details visit the show notes on our website:

https://www.moneyguy.com/2018/10/walt-disney-world/

The Top Habits of Highly Successful People

Oct 26, 2018 45:33

Description:

In today’s episode of The Money Guy Show, we take a closer look at Sarah Stanley Fallow, Ph.D.’s new book The Next Millionaire Next Door, Steven Covey’s 7 Habits of Highly Effective People, Tom Corley’s 9 Habits of Highly Successful People, and Tony Robbin’s How to Establish Joyful Habits. What we found is that there are certain habits and behaviors that show up again and again that correlate with success.

Be sure to tune in as we explore the habits and choices that millionaires make that contribute to their financial well-being. Also, if you haven’t done so already be sure to subscribe to our mailing list so that you get access to special show giveaways. For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/10/financial-success-habits/

How to Become a Financial Advisor

Oct 19, 2018 25:00

Description:

Today’s mini-episode of The Money Guy show is a compilation of road shows we put together for our #AskTheMoneyGuy series. 

In today’s listener-inspired episode, we cover a question we get all the time that we didn’t realize would come up as often as it does and that is how to become a financial advisor. This one is near and dear to our hearts as financial advisors ourselves and a question we’re happy to answer in this week’s installment of The Money Guy Show.

Be sure to join us on the road this week as we talk about how to become a financial advisor.

For more details, visit the show notes on our website: 

https://www.moneyguy.com/2018/10/how-to-become-a-financial-advisor/

A Different Take on Rebalancing

Oct 12, 2018 45:28

Description:

So much is made about this tool of asset management, but how much does the average investor actually know?

As a brief overview, rebalancing is getting your investment allocation to the appropriate target.  For example, if your portfolio is comprised of 60% in risk assets (i.e. stocks) and 40% in conservative assets (i.e. bonds) and one piece of that moves differently and throws the balance off, rebalancing helps to get you back to your original allocation.

In the simplest form, rebalancing buys the assets that have gone below the allocation threshold you would like to be at and sells the assets that have gone over. And you rebalance so that you can maintain the appropriate level of risk in your portfolio and to help stay on track to reach long-term financial goals. 

But what does the research say about rebalancing? And what is the common sense approach when it comes to this tool? Tune in to this week’s episode to hear us dive into the nuts and bolts of rebalancing and how you can use it in your financial life.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/10/a-different-take-on-rebalancing/

Cash Is Making Money Again! Here Is What It Means For Your Wallet

Oct 5, 2018 19:55

Description:

Hey Money Guy Show Family! Cash is making money again. That’s right. Times are changing and you can generate income from cash again. (Seriously)

The Great Recession (2008-2009) slashed interest rates and they were in a free fall sitting on the bottom at 0.5% for the better part of a decade. Now, cash is making a comeback and it can yield over 2% today in high-yield savings accounts and over 2.5% in a 1-year CD and 3% for longer term CDs.

We’re at the point now where we all should start paying attention to cash as an asset class that can yield a return and what you can do about it.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/10/cash-is-making-money-again-here-is-what-it-means-for-your-wallet/

Surviving and Thriving in the Transition to Retirement with Fritz Gilbert

Sep 28, 2018 01:15:51

Description:

This is a special episode of The Money Guy Show with special guest Fritz Gilbert of The Retirement Manifesto. Fritz joins us in this episode to share his personal experience of transitioning to retirement with plenty of actionable takeaways for The Money Guy Show audience.

The transition to retirement can be a smooth one if you are prepared and planned accordingly. The earlier you start planning for retirement, the better. Our guest Fritz is just one (powerful) example of how effective financial planning can be to help you reach you financial goals and, ultimately, financial freedom.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/09/surviving-and-thriving-in-the-transition-to-retirement-with-fritz-gilbert/ 

Use Whole Life Insurance to Avoid Estate Taxes?

Sep 21, 2018 18:35

Description:

There’s a whole industry on avoiding estate taxes. Should I use whole life insurance to avoid estate taxes? Tune in to this week’s mini-episode of The Money Guy Show as we discuss how whole life insurance is being used for estate planning.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/09/use-whole-life-insurance-to-avoid-estate-taxes/

 

The Worst Financial Rip-Offs and How to Avoid Them

Sep 14, 2018 58:37

Description:

Unfortunately, there are quite a few products, services, and straight-up rip-offs that you need to be aware of so that you can decide what is appropriate and what will detract from your financial vision. It’s sometimes difficult to tell the difference between useful investment or expenditure and the equivalent of lighting your money on fire.

This show is also stocked full of useful and surprising information that you may not have been aware of. Even if you are a Money Master, there are nuggets of information you can share with your tribe. Be sure to tune in as we share our thoughts on the worst financial rip-offs so you can determine if they are useful to you or if you should steer clear.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/09/the-worst-financial-rip-offs-and-how-to-avoid-them/

 

Are You Letting Fear Drive Your Investment Decisions?

Sep 7, 2018 21:31

Description:

One of our biggest issues with the financial industry is when products are sold to consumers and investors through fear tactics. And while there are instances where fear is a natural motivator behind certain financial products, such as having a will if you have dependent children, not every financial decision should be based on fear.  

There are many financial products out there designed to help you achieve financial goals. Understanding your needs and the purpose financial tools can serve is paramount to you making wise decisions about your finances.

Tune in to this week’s short episode of The Money Guy Show to find out which financial products are generally sold with fear-based tactics and how you can safeguard yourself against them.

For more details, please visit the show notes on our website: 

https://www.moneyguy.com/2018/09/are-you-letting-fear-drive-your-investment-decisions/ 

How to Beat Market Timers

Aug 31, 2018 36:50

Description:

If you were just going off what you hear from friends and family members at social gatherings, you might think everyone hits it big when they trade stocks. People are eager to tell you when their risky investments make money, but they are less forthcoming about all the busts. 

Trying to time the market to get that “big win” is a risky endeavor. Ben Carlson from A Wealth of Common Sense wrote an awesome post back in 2014 that introduced us to Bob, "The World's Worst Market Timer." Join us for this week’s episode of The Money Guy Show, as we unpack the cautionary tale represented by Bob, “The World’s Worst Market Timer” and highlight where Bob goes wrong and what his potential outcomes could have been if he did things differently.

For more details, please visit the show notes on our website: 

https://www.moneyguy.com/2018/08/how-to-beat-market-timers/

Zero-Fee Index Funds Are Here! Here's What It Means For Your Wallet.

Aug 24, 2018 19:02

Description:

 

It’s an exciting time to be an investor because price wars have been gradually bringing down the cost to invest in recent years. But is it really possible to invest with zero fees?  

We’ve observed the industry has been slowly moving toward zero, and it looks like it has finally gotten there. Join us for this week’s episode of The Money Guy Show to hear us discuss this big news about zero-fee investing and what it can mean for your wallet and future.

For more details, please visit the show notes on our website: 

https://www.moneyguy.com/2018/08/zero-fee-index-funds-are-here-heres-what-it-means-for-your-wallet/ 

Financial Order of Operations: How To Prioritize Your Financial Goals

Aug 17, 2018 43:41

Description:

Knowing how to prioritize every dollar that comes in is a major factor in your overall success. Join us for this week's episode of The Money Guy Show where we share ways to approach your finances that can result in two to three times the amount of money you have at retirement.

 For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/08/financial-order-of-operations-how-to-prioritize-your-financial-goals/

Shopping Hacks That Will Save You a Fortune!

Aug 10, 2018 17:22

Description:

If you want to stretch your back pocket and make it go as far as possible, then tune in to this week's episode of The Money Guy Show.

We're talking about some supreme online shopping ninja skills that can help increase your purchasing power. Tell us the idea of stretching your money an extra 5 to 10% more than your friends doesn't put an extra pep in your step!

Find out the three things you can do to maximize your dollar bill.

For more details, visit the show notes on our website: 

https://www.moneyguy.com/2018/08/shopping-hacks-that-will-save-you-a-fortune/ 

Seeing the BIG Picture of Your Financial Life

Aug 3, 2018 42:11

Description:

We all come from different families, unique individual talents, geographic locations, and from poor, modest, or wealthy parents. These are the special recipe ingredients that make us who we are. You don’t realize it, but some of these special recipe ingredients will be the rocket fuel that propels you to tremendous success, and some will be the limiting beliefs or blind spots that could slow or derail your best version of yourself.

Let’s make sure that your financial decision making is BIG enough and that you are not being distracted or derailed by a blind spot or limiting beliefs. Join us for this week's episode of the Money Guy Show where we share practical advice on how to reach your full wealth potential.

 

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/08/seeing-the-big-picture-of-your-financial-life/ 

Should You Cut the Cable Cord?

Jul 27, 2018 17:49

Description:

Cable is expensive, and the customer service takes the cake for being one of the worst in the industry. So, do we really need to pay exorbitant prices and accept bad service to watch the shows we love? We say nay and share why in this week's short episode.

Tune in to this week's episode to find out how you can cut the cord without sacrificing your favorite shows. 

For more details, please visit the show notes on our website: 

https://www.moneyguy.com/2018/07/should-you-cut-the-cable-cord/ 

Why Following the Crowd is Dangerous When it Comes to Investing

Jul 21, 2018 39:36

Description:

When it comes to investing, do you ever find yourself reacting to the media headlines? If you spend even one day listening to financial news updates, you could be convinced that you need to do something drastic to combat the doom and gloom that's perpetuated by industry 'gurus.' Fear is often the driving emotion behind bad financial decisions, and we don't want you to total your financial life because of such peer pressure.

You (and any other investor) are told on a daily basis by the financial media to follow the herd and invest your money in this or that, or worse... sell when things seem scary. In this week's episode, we talk about how even when there's good news the media somehow wraps it up in negativity. Don't be misled in your financial life.

For more details visit our show notes on our website:

https://www.moneyguy.com/2018/07/when-you-invest-following-the-crowd-can-be-dangerous/ 

Traditional IRA vs Roth IRA: Which is Better?

Jul 14, 2018 19:00

Description:

What's the difference between a traditional (pre-tax) IRA and a Roth IRA? We have your answers in this week's short episode of The Money Guy Show.

While this is foundational financial advice, we share advanced skills you won't want to miss. 

 

For more details, please visit the show notes on our website: 

https://www.moneyguy.com/2018/07/401k-vs-roth-which-is-better/ 

How to Be a Tax-Free Millionaire

Jul 7, 2018 44:32

Description:

If there was a way for you to become a tax-free millionaire, do you think that would be something you'd want to know about? The good news is that there is a retirement vehicle that was designed to incentivize Americans to save toward retirement by allowing assets to grow tax-free, and it's known as a Roth IRA.

You may be familiar with what a Roth IRA is but do you know all the reasons that make it such an amazing component to your overall retirement strategy? You're in luck because in this week's episode of The Money Guy Show we share why Roth IRAs were created and how you can use them to gain the highest benefit.

For more details visit the show notes on our website:

https://www.moneyguy.com/2018/07/how-to-be-a-tax-fee-millionaire/ 

Timing the Market | Can Experts Be Trusted?

Jun 30, 2018 13:43

Description:

Tune in to this week's episode of The Money Guy Show as we discuss the sport of timing the market and what investors need to keep in mind. While we may enjoy speculating about what could happen, it's important to remember that no one can predict the future and that includes the financial future.

Find out just how harmful it can be to investors when investment advisors and media personalities peddle predictions.  Learn why your investment decisions should instead be based on your individual circumstance, risk management, as well as on valuations of asset classes and companies.

For more details, please visit the show notes on our website: 

https://www.moneyguy.com/2018/06/timing-the-market-can-experts-be-trusted/ 

The Worst Mistakes You Could Make With Your Money, Part 2

Jun 22, 2018 45:17

Description:

This week's episode is the second installment of The Worst Mistakes You Could Make With Your Money. Last week, we addressed money mistakes to avoid in your 20s and 30s. This week, we share the money moves that are important to make in your 40s, 50s, and 60s.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/06/the-worst-mistakes-you-could-make-with-your-money-part-2/

The Worst Mistakes You Could Make With Your Money

Jun 15, 2018 56:31

Description:

There is an old saying that goes something like, "Mistakes are the best teachers." And while this is undoubtedly true, perhaps we can all agree that learning from other people's mistakes when it comes to our finances is way better than making them ourselves.

In this week's episode of The Money Guy Show, we're doing just that! We are peeling back the curtain on the worst possible mistakes you could make with your money so that you can hopefully avoid making them in your own life. Heed the warnings of those who have stumbled before you so that your path to financial independence can be smoother sailing.

For more information, please visit our show notes on our website: https://www.moneyguy.com/2018/06/the-worst-mistakes-you-could-make-with-your-money/

9 Ways To Lower Your Auto Insurance Bill

Jun 8, 2018 16:14

Description:

If you are interested in lowering your auto insurance bill and monthly premiums, then you'll want to tune in to this week's episode of The Money Guy Show. We share how you can save money and keep yourself protected.

 

For more information, please visit the show notes on our website:

https://www.moneyguy.com/2018/06/9-ways-to-lower-your-auto-insurance-bill/

What Wealthy People Know About Spending Money

Jun 1, 2018 54:46

Description:

When is it OK to spend money? It's very common for people who prioritize building wealth to shudder at the notion of spending it. After all, we as a tribe have self-selected out of this culture of consumerism and embraced a lifestyle of forced scarcity to help us reach financial goals and, ultimately, financial independence.

But spending money isn't inherently bad. In fact, once you get to a place where your net worth is increasing faster than your income, you have likely reached a critical tipping point in your financial journey that allows you to start making a transition from saver to spender.

Tune in to this week's episode of The Money Guy Show as we give you clear direction on what, when, and how you can spend better and still stay on your path to building lasting wealth.

For more detail, please visit our show notes on our website: 

https://www.moneyguy.com/2018/06/what-wealthy-people-know-about-spending-money/

Why Americans Are Broke

May 25, 2018 18:08

Description:

Why are Americans broke? On May 15, 2018, Charles Schwab released their second annual Modern Wealth Index Assessment for 2018. What this report revealed is that Americans have some work to do to rightsize their finances. What was even more interesting, is that this Wealth Index Assessment identified the primary contributing factor as to why Americans aren't better off financially.

Tune in to today's episode to find out why Americans are broke and what you can do to build wealth.

For more details, please visit our website for the show notes: 

 https://www.moneyguy.com/2018/05/why-are-americans-broke

 

Why The Tesla Model 3 Is The Best Car This Year!

May 18, 2018 01:02:52

Description:

We have an entirely different type of show for you today! Join Brian and Bo as they take you on a trip in Brian's Tesla Model 3. Yes, you heard that right, Brian and Bo take this week's show out of the studio and on the road. You'll want to watch this week's episode on YouTube if you can.

This episode is part Tesla review, part car industry overview, and part how electric vehicles impact personal finance.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/05/why-the-tesla-model-3-is-the-best-car-this-year/

For the video, please visit our YouTube channel:

https://youtu.be/uS9t9tb43Ts

What You Need to Know About Whole Life vs. Term Insurance

May 11, 2018 11:42

Description:

Have you ever wondered if you should buy whole life or term insurance?

Tune in to this week's mini-episode of The Money Guy Show as we review the two different types of life insurance policies and what you need to know about them both.

 

For more details, please visit our website for show notes:

https://www.moneyguy.com/2018/05/what-you-need-to-know-about-whole-life-vs-term-insurance/

Why Do Stocks Go Up (and Down)?

May 4, 2018 53:55

Description:

Part of what goes into making smart money choices is understanding your investments, how they work, and what impacts how they perform. That is why we take a deep dive into investments and share the fundamentals of what investors should know about stock valuations.

In this show, we cover what drives the stock market's ups and downs, how you can measure how you're doing with your investments, and the common investing mistakes to avoid.

 

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/05/why-do-stocks-go-up-and-down/

Mind-Blowing Benefits of Health Savings Accounts

Apr 27, 2018 14:29

Description:

Should you have a Health Savings Account (HSA)?

Fidelity estimates that people 65 years of age till death will require $275,000 to cover medical care costs in retirement. That can leave many of us wondering how to plan and prepare for having that sum of money ready for future healthcare costs. Fortunately, there is a financial tool that may just be the answer for saving toward healthcare costs in retirement.

 

For more details, please visit the show notes on our website: https://www.moneyguy.com/2018/04/mind-blowing-benefits-of-health-savings-accounts/

Millionaire Habits By Age | How To Become a Millionaire

Apr 20, 2018 01:15:04

Description:

In this week's episode of The Money Guy Show, we share the wealth-building habits by age that can put you on the path to Millionaire status. Tune in to find out how to dial-in your money mindset in each decade of your life, and what financial matters you should be most focused on as you progress through the years.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/04/millionaire-habits-by-age-how-to-become-a-millionaire/

How to Know if You Should Invest in a Lump Sum or Dollar-Cost-Average

Apr 13, 2018 09:27

Description:

If you've come into some money, how should you invest it? Lump sum or dollar-cost average? Tune in to this week's episode of The Money Guy Show to find out how each investment strategy works and how to assess which one is right for your specific situation.

For more information, visit the show notes on our website: 

https://www.moneyguy.com/2018/04/how-to-know-if-you-should-invest-in-a-lump-sum-or-dollar-cost-average/

The Truth About Keeping Up with the Joneses

Apr 6, 2018 52:10

Description:

In this week's installment of The Money Guy Show, we break down how you can inoculate yourself against the temptation to try to keep up with the proverbial Joneses.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/04/the-truth-about-keeping-up-with-the-joneses/

How to Maximize Your Charitable Giving Under 2018 Tax Changes

Mar 30, 2018 18:52

Description:

In this week's episode, we talk about ways you can align your Army of Dollar Bills with a heart of giving. Being generous and minimizing your taxes can go hand-in-hand if you are thoughtful with the way you give.

Tune in to this week's episode to learn how you can maximize charitable donations under the 2018 tax changes.

For more information, please visit our show notes on our website: 

https://www.moneyguy.com/2018/03/how-to-maximize-your-charitable-giving-under-2018-tax-changes/

 

How to Get the Most from Your Rewards Credit Cards

Mar 23, 2018 01:08:11

Description:

Credit cards, if used responsibly, can be a great financial tool to help your Army of Dollar Bills go further for the purchases you make. It's been quite some time since we covered the topic of credit cards, so tune in this week as week revisit this important financial subject.

In this episode, we review how to use credit cards to your financial benefit and look at the different types of rewards programs in depth.

For more information, please visit the show notes on our website:

https://www.moneyguy.com/2018/03/how-to-get-the-most-from-your-rewards-credit-cards/

Unbelievably Useful Tips for Buying Mutual Funds

Mar 16, 2018 10:55

Description:

Mutual funds. Many people use them as part of their long-term investment strategy, but how do you pick which mutual fund is right for you?

Don't miss this week's 10-minute episode where we share the two ways you can buy mutual funds and trends you should watch for as an investor with choices.

For more details, visit the show notes on our website:

https://www.moneyguy.com/2018/03/unbelievably-useful-tips-for-buying-mutual-funds/

Warren Buffett's Top Investing Strategies | Annual Letter Highlights

Mar 10, 2018 47:01

Description:

For anyone who has listened to The Money Guy Show for a while, you know how much we love our annual tradition of reviewing Warren Buffett's yearly letter to Berkshire Hathaway shareholders. Make sure you tune in to this episode to hear us extrapolate the financial insights that apply to all investors.

For more details, please visit the show notes on our website:

https://www.moneyguy.com/2018/03/warren-buffets-top-investing-strategies-annual-letter-highlights/

How to Win with Passive Investing Right Now

Mar 3, 2018 10:12

Description:

How do you design a portfolio to meet your financial goals? We share the difference between active versus passive investing strategies, and which one may make the most sense for long-term financial success in this week's installment of The Money Guy Show.

For more details, please visit the show notes on our website: http://www.moneyguy.com/2018/03/how-to-win-with-passive-investing-right-now/ 

Beware of These Mistakes When Buying and Selling a Home

Feb 24, 2018 56:35

Description:

In this week's episode of The Money Guy Show, we dig into the painstaking details of buying and selling a home. We share the biggest mistakes to avoid, ones that we ourselves have even made, and offer tips on how to approach your next real estate transaction successfully.

For more details, please visit our show notes on our website:

http://www.moneyguy.com/2018/02/beware-of-these-mistakes-when-buying-and-selling-your-home/

6 Reasons Why Dave Grohl Is a Financial Rock Star

Feb 17, 2018 13:23

Description:

Dave Grohl is not only a rock star in the music industry but he's also one with his finances. Here are the six reasons why Dave Grohl is a financial rock star.

There are six reasons why Dave Grohl's approach to his finances makes him so unique. Catch this week's episode to find out how to apply Dave Grohl's viewpoints on money to be a financial success, too.

For more details, please visit the show notes on our website:

http://www.moneyguy.com/2018/02/6-reasons-why-dave-grohl-is-a-financial-rock-star/

What to Do When the Stock Market Get Scary

Feb 10, 2018 55:44

Description:

The week of February 5, 2018, has been an interesting week for the markets. The market got spooked, and so did many investors.

Tune into this week's installment of The Money Guy Show to find out what happened, why it happened, and what you can do to protect yourself from volatile markets.

For more details, please visit the show notes on our website: 

http://www.moneyguy.com/2018/02/what-to-do-when-the-stock-market-gets-scary/ 

Bitcoin: Informative Insights for Potential Investors

Feb 3, 2018 14:41

Description:

Join us for this very special extra-installment of The Money Guy Show. We not only offer our views on this new form of currency, but we unpack where we think the real opportunities are when it comes to digital money.

Highlights from this week's mini-episode include:

Overview of Bitcoin, cryptocurrency, and blockchain technology Where Brian sees the opportunity How investors make money with cryptocurrencies Word of caution for people investing in cryptocurrencies

For more details, visit the show notes on our website: http://www.moneyguy.com/2018/02/bitcoin-informative-insights-for-potential-investors/ 

Changing Jobs? Here Are Your Options for Your 401(k)

Jan 27, 2018 40:43

Description:

With the average person now holding 11.7 jobs over the course of his or her career, according to the Bureau of Labor Statistics, there is a good chance that retirement plan assets get left behind.

If you have ever wondered how best to take your 401(k) assets with you when you switch employers, you will want to tune in to this week's episode of The Money Guy Show.

For more details, visit our show notes on our website: http://www.moneyguy.com/2018/01/changing-jobs-here-are-your-options-for-your-401k 

Vision Planning In 2018: How To Set (and Keep) Financial Goals

Jan 13, 2018 53:12

Description:

Tune in to this week's show to learn the 7 Steps to developing a Vision Plan for your future. The last thing anyone wants is to find out they don't have enough money saved to retire when or how they want. This is why creating a Vision Plan is so important to your financial success.

Don't settle for just any version of your life when you can create the best version of your financial future starting right now.

Visit the show notes for more detail: 

http://www.moneyguy.com/2018/01/vision-planning-in-2018-how-to-set-financial-goals/

The GOP Tax Plan: What Does it Mean For Your Tax Bill?

Dec 30, 2017 59:28

Description:

With the Tax Cuts and Jobs Act of 2017 (TCJA) taking effect on January 1, most people are wondering what the GOP tax plan means for them specifically. In today’s show, we go over what you need to know about TCJA and the different ways you can leverage the changes.

Tune in so you know how to make smart money choices and tax moves going forward.

Visit the show notes for more detail:  http://www.moneyguy.com/2017/12/the-gop-tax-plan-what-does-it-mean-for-your-tax-bill/

How to Buy A New Car From A Dealer

Dec 16, 2017 53:51

Description:

When you have exercised forced scarcity and been disciplined with your finances, there often comes a point in your life where you go from being a "tight wad," as we say here at The Money Guy Show, to being able to spend a bit more freely. When that shift happens from super saver to abundance, buying a new car might be on your wish list.

In this week's episode of The Money Guy Show, we walk you through all the tips and tricks of buying a new car.  Tune in so you can learn how to avoid the common car buying mistakes that wind up costing consumers thousands of dollars. Instead, find out how you can successfully buy a new car and feel good that you got the best price possible.

For more details, please visit the show notes here.

The Definition of Wealth

Dec 2, 2017 48:50

Description:

What is wealthy? We define what it means to be wealthy relative to your peers at every age and stage of life in this latest episode of The Money Guy Show.

When it comes to your money, we wanted to provide you with a resource that would help break down and explain financial priorities that put you on the path to financial independence. We talk about the various things you ought to be thinking about and doing in every decade of your life from your 20's to your 50's and into retirement.

For more information, visit the show notes here: http://www.moneyguy.com/2017/12/the-definition-of-wealth-things-to-think-about-at-every-age-stage-of-life/

How to Navigate Hiring a Financial Planner

Nov 18, 2017 53:06

Description:

Navigating your personal finances can be complicated enough. Finding the right type of financial professional for your needs can be a little easier when you know what to look for and where you can find it. With nearly 300,000 financial professionals hanging their hat on the same tile of “financial advisor,” it’s important for any investor to understand the different types of financial professionals that exist and what they do.

In this week’s installment of The Money Guy Show, we offer helpful tips and tools as you consider your options when it comes to financial professionals.

For more details, visit the show notes: http://www.moneyguy.com/2017/11/how-to-navigate-hiring-a-financial-planner/

The Ultimate Guide to 529 Plans: What Every Parent Needs to Know

Nov 4, 2017 51:36

Description:

We address many of the important questions parents have about how they should save toward their children's future education costs. Which tools are available? Which ones are the best for your situation? Don't go anywhere, because we cover that and a whole lot more in this week's installment of The Money Guy Show.

Read more in the show note at http://www.moneyguy.com/2017/11/the-ultimate-guide-to-529-plans-what-every-parent-needs-to-know 

Financial Decisions That Will Terrify You

Oct 21, 2017 55:41

Description:

In this special Halloween episode of The Money Guy Show, we share financial decisions that will terrify you! Tune in as we discuss 6 BIG BAD SCARY FINANCIAL DECISIONS and 6 SUPER SCARY GOOD DECISIONS.

6 Types of Insurance That Can Keep You Out of Trouble

Oct 7, 2017 01:05:52

Description:

Tune in to this week's episode of The Money Guy Show to learn about the types of insurances you need - and don't need - to keep yourself out of trouble and what you value safe.

Equifax Data Breach: What You Need to Know

Sep 23, 2017 56:52

Description:

Equifax Data Breach: What You Need to Know to Protect Yourself If one of the three major credit reporting agencies can be hacked, is any of our information really safe? Tune in to this week's episode of The Money Guy Show where we review all the ways your credit is used and what impact the Equifax data breach has on your sensitive personal information.

Financial Advice for Teenagers: Ways to Win With Money!

Sep 9, 2017 58:40

Description:

financial advice for teens ways to win with money In this week's episode of The Money Guy Show, we tackle the money concepts we think are important to start mastering as a teenager. Having winning financial knowledge as early as possible can have a significant impact on future financial success.

Don’t Let These Obstacles Ruin Your Retirement

Aug 26, 2017 46:54

Description:

Don’t Let These Obstacles Ruin Your Retirement Knowing what obstacles may try to come between you and your retirement can help ensure you are able to avoid and overcome them.

What You Need to Know About Using Retirement Funds Early

Aug 12, 2017 44:41

Description:

what you need to know about accessing your retirement funds early If you ever wondered what would happen if you dipped into your retirement savings before turning fifty-nine and half years old, this episode is for you. This is a cautionary tale about when it *might* make sense to withdraw retirement funds before you retire.

Do This With Your Money to Live Like No One Else

Jul 29, 2017 46:26

Description:

Do This With Your Money to Live Like No One Else Knowing how to prioritize your money is what we talk about in this week's episode of The Money Guy Show. We share some simple guidelines that will better inform you as to where your next dollar should go.

The Zombie Effect: How to Escape The Walking Debt

Jul 15, 2017 47:38

Description:

How to Escape The Walking Debt You don't have to be a die-hard The Walking Dead fan to appreciate the allusion for this week's podcast. As financial advisors, we can draw parallels between a fictitious zombie apocalypse and the type of real apocalypse that debt can cause in people's lives. Tune in to this week's episode of The Money Guy Show as we prepare you against the zombie effect of debt and train you to leverage it as a tool instead.

11 Hallmark Signs You’re a Financial Success

Jul 1, 2017 37:44

Description:

hallmark signs you're going to be a financial success Do you exhibit these hallmark signs of being a financial rock star? Chances are that most, if not all, of these signs look familiar to you. But are you doing your part in each of these areas to reach your financial potential?

How to Win Friends and Influence Your Wallet

Jun 17, 2017 48:20

Description:

How to Win Friends and Influence Your Wallet In this episode of The Money Guy Show, we're sharing the super-hero skill set you need to effectively complain to come out ahead economically. We also reveal the five things you can do so you aren't taken advantage of by your beloved service providers.

How to Know If Your Financial Advisor is Working Against You

Jun 3, 2017 51:16

Description:

is your financial advisor working against you In this episode of The Money Guy Show, we walk you through five red flag warnings that your financial advisor may not be representing your best interests. Tune in to learn the ways in which a financial advisor may be working against you and what you can do to protect yourself and your finances.

The 1 Thing You Need to Do to Build Financial Independence

May 19, 2017 39:50

Description:

The 1 Thing You Need to Do to Build Financial Independence Ever wonder if there was one thing in particular you could do that would truly help you build financial independence? While we share this simple concept in many of our podcast episodes, this is the first time we are dedicating an entire episode of The Money Guy Show to it. Tune in to find out how to implement the concept of forced scarcity into your day-to-day life and what it can do for your long-term financial situation.

How to Avoid Becoming a Miserable Financial Miser

May 6, 2017 42:00

Description:

How to Avoid Becoming a Miserable Financial Miser Don’t become an asset hoarder that distorts the benefits of being financially responsible.

How to Take the ‘Wealth’ Less Traveled: Insights on Success & Pursuing Your Passion

Apr 22, 2017 39:56

Description:

how to take the wealth less traveled What would it take for you to step outside your comfort zone, to take a risk and pursue your dreams? In this episode, we give you the benefit of our experience and the preparation you need to be successful in whatever endeavor you pursue.

Ways to Tackle Education Planning as Life Happens

Apr 8, 2017 41:32

Description:

Ways to Tackle Education Planning When Life Happens In this week's episode of The Money Guy Show, we talk about all the ways you can plan for your child's education and which tools will be most flexible for you no matter what path your child takes.

The Best Investment That Only 20% of Investors Have

Mar 25, 2017 36:48

Description:

The Best Investment That Only 20% of Investors Have Prepare to get a little nerdy with us as we dissect index funds, and why they are the best investment that only 20% of investors have.

How to Win in Finance Like Warren Buffett

Mar 11, 2017 46:48

Description:

How to Win in Finance Like Warren Buffett Tune in to hear us share ways you can win in finance like Warren Buffett. We'll explore the traits and behaviors that have made him such a financial success and how all of us can put his good money examples to work in our own lives.

10 Huge Tax Mistakes You Don’t Want To Make

Feb 25, 2017 45:02

Description:

10 huge tax mistakes you don't want to make With over two decades of tax preparation experience, this Money Guy Show episode shares tax preparation tips that you've probably never heard of before. We want to help you avoid the most common mistakes that people make when filing their income tax returns.

What to Do With Your Retirement Assets When You Change Jobs (or Retire)

Feb 11, 2017 49:21

Description:

what to do with your retirement assets when you change jobs In this week's episode of The Money Guy Show, we let you know how to assess the options for your money when you change jobs, or retire, and what you should consider before making your final decision. Wondering what to do with your retirement assets may be a detail that slips your mind in the midst of all the hustle and bustle of such a transition. That being said, you'll want to make a decision sooner rather than later over what to do with your hard-earned dollars when you leave an employer who provided your retirement plan.

Eyebrow-Raising Facts About How the Top 1 Percent Manages Wealth

Jan 28, 2017 45:49

Description:

Eyebrow-Raising Facts About How the Top 1 Percent Manages Wealth Ever wonder what is considered the top 1 percent of income earners in the United States? Or how they wind up managing their wealth differently from those of us still building wealth? Well, we've gotten some questions from our listeners about what to do with your wealth once you cross a certain threshold and how to approach some of the "fancier" products on the market that are designed specifically for people with sizable assets. The truth behind the top 1 percent of high income earners and what they do with their wealth may surprise you.

Setting the Amount You Need for Retirement the Right Way

Jan 14, 2017 38:10

Description:

Setting Your Retirement Number It's the beginning of a New Year and you may be wondering if you're doing everything you should be doing right now in order to secure enough money for your eventual retirement needs. Taking a pulse of where you are financially and how you measure up against other people in your age range is a wise step towards making sure you stay on track financially. It's not enough to simply hope there will be enough money for you to retire comfortably. That's why we dedicated this episode of The Money Guy Show to helping our listeners know where you are and what you can do to work towards a better retirement.

How to Build a Better Retirement in 2017

Dec 31, 2016 41:55

Description:

how to build a better retirement It's the end of 2016 and the beginning of a New Year. Now is the perfect time to look forward to opportunities that are going to best help you reach your long-term financial goals. What better tools do we have to prepare for our future than retirement savings accounts? And with so many different types, it can get confusing over which ones to choose from. We take a deep dive into the different retirement planning tools you can use to build a better retirement in this episode of The Money Guy Show.

Ways to Overcome Investment Analysis Paralysis

Dec 17, 2016 45:55

Description:

Ways to Overcome Investment Analysis Paralysis If you've been watching the markets these last several weeks, you may be wondering what you should be doing with your investments. Rest easy, because in this episode of The Money Guy Show, we take a stroll down memory lane to explore how markets have performed over the last seventy years and what investors should do today when market performance is at an all-time high.

3 Ways to Understand Your Money Mindset

Dec 3, 2016 34:18

Description:

3 ways to understand your money mindset If you're wondering how to create a money mindset that leads to financial success, this is the show for you. In this episode we walk you through the three critical areas where you can shape how you think and feel about your finances so that you're better prepared to see opportunities and pursue your dreams.

How to Be a Retail Rambo this Black Friday

Nov 19, 2016 39:48

Description:

how to be a retail rambo on black friday Black Friday is coming and we want to prepare our listeners to be judicious spenders and maximize your hard earned dollars this holiday shopping season. In this episode of The Money Guy Show, we walk you through how to avoid the Black Friday gimmicks and get the greatest bang for your buck. Hold on tight, because we cover a lot of ground in this fun segment of our podcast.

How to Survive and Thrive Financially From This Year’s Presidential Election

Nov 5, 2016 46:12

Description:

This year's presidential election has a lot of investors on edge over what the outcome will mean to their bottom line. That's why in this week's episode of The Money Guy Show, Bo and I are talking about all the ways you can survive and prosper financially regardless of who gets elected into office come November 8.

Maximizing the Magic: All the Ways You Can Save Money at Walt Disney World

Oct 22, 2016 50:41

Description:

In this episode of The Money Guy Show, we have compiled a list of tips and tricks that will help you stretch your wallet and maximize your time when you plan your next Disney getaway. Tune in to hear Brian and Bo share their insights for maximizing the magic at Walt Disney World and also get an inside peek at Brian's most recent family trip to Disney World while Hurricane Matthew slammed the east coast.

How to Leverage Fear for Financial Opportunity

Oct 8, 2016 30:47

Description:

Everyone has fears. It's what you do with fear that determines whether or not you will allow it to help you or hurt you. In this episode of The Money Guy Show, Brian and Bo explore how investors can leverage fear to their financial advantage and discuss the steps you can take to overcome your fears to reach success.

3 Steps You Can Take So You Don’t Screw Up Your Portfolio

Sep 24, 2016 43:31

Description:

There are a series of things you can do in order to set yourself up for financial success. Likewise, there are a set of things that maybe you're not doing that could be negatively impacting your financial portfolio. In this episode of The Money Guy Show, Brian and Bo walk listeners through the three easy steps you can take so you don't screw up your portfolio.

The Best Money Advice You’ve Ever Received

Sep 10, 2016 34:41

Description:

Have you ever stopped to think about what the best money advice you've ever received was? It's quite the loaded question that takes a little contemplation. Well, that's exactly what we do on this episode of The Money Guy Show. And what's even better? We invited a few of our friends to share their answer to this deep question with our listeners.

I Wish I Knew Then What I Know Now About Building Wealth

Aug 27, 2016 35:00

Description:

the money guy show In this episode of The Money Guy Show, Brian and Bo discuss the five biggest tips the future wealthy you would want you to know right now about building wealth. This is a truly universal topic that applies to everyone - every age and every income level.

Everything You Never Thought You Needed to Know About Health Savings Accounts

Aug 13, 2016 35:08

Description:

health savings account In our latest installment of The Money Guy Show, we're tackling the wild topic of Health Savings Accounts. Now, upon first hearing the words "health savings account" you might be thinking you don't need one of those. Listen in, because Brian and Bo unpack this incredibly useful type of savings account and you won't believe the benefits they reveal.

The Secrets to All-Inclusive Travel

Jul 30, 2016 42:40

Description:

One of the primary things you dream about as you work towards financial independence is the day you get to travel and enjoy the fruit of your hard work. Most of those fantasies include a tropical beach, a cold adult beverage, and the smell of sunscreen. Unfortunately, many of us become such proficient savers that we have a hard time letting go of the purse strings to actually start spending.

All You Need To Know About ABLE Accounts

Jul 16, 2016 29:43

Description:

The ABLE Account is an incredibly valuable new savings vehicle specifically geared for individuals with disabilities. Brian shares his personal experiences raising a special needs child and gets into the details of how these accounts operate. The ABLE Account is essentially a way to save and invest on a tax free basis to use for the support costs of disabled individuals.

Brexit, ETFs and Mutual Funds – What You Need to Know

Jul 2, 2016 58:20

Description:

Brian and Bo jump into the Brexit conversation and give you their insight on the events and subsequent market volatility. The guys also talk through the differences between ETFs and Mutual Funds and explain which one may make the most sense for your situation

Last Week Tonight – Retirement Plans

Jun 18, 2016 41:58

Description:

Finally! Someone in the mainstream media caught up with the times and discussed some of the issues within the financial advisory world that we have been sharing with listeners for over a decade now. HBO’s John Oliver, host of Last Week Tonight, put the commission based financial advisory world on blast by sharing his experience of implementing a 401k plan for the Last Week Tonight staff.

3 Behavioral Finance Traits You Should Avoid

Jun 4, 2016 29:07

Description:

Without a doubt, humans are emotional creatures. You could even argue that we’re drawn to negative behaviors. A large part of becoming better and more efficient with managing your personal finances is to work to control and tame that emotional behavior. In this episode, we address 3 Behavioral Finance Phenomena That Impact Your Finances, and we give you a guide to restore order to financial chaos.

Use Tax Planning as a Window into Your Financial Future

May 21, 2016 37:48

Description:

With April behind us, you might feel a sense of relief since you won’t have to deal with anything tax-related for a while. But just because you’ve completed your taxes for the year doesn’t mean you’re done with tax planning. Your tax return can tell you a lot about your financial life. In fact, we like to think of it as the window into all of your most important financial decisions. On this episode, we’ll help you put together your tax planning toolbox by sharing what you need to know to take as many deductions as possible, identify tax savings opportunities, and so much more!

The Importance of a Proper Estate Plan

May 7, 2016 48:36

Description:

A few weeks ago, the death of musical icon Prince sent shockwaves through fans around the world. But perhaps what was more shocking than his untimely death, was the revelation that he passed away without a will or proper estate plan in place. Creating an estate plan isn’t something you do for your own benefit -- it’s for the loved ones left behind. Today, we're discussing what you need to structure in your life to ensure you have a solid estate plan in place so you can start developing your own.

Breaking Down the It Factor

Apr 23, 2016 39:57

Description:

Ever wondered how super-productive people seem to get everything done -- and make it look so easy in the process? You're not alone in asking this question. How do they do it, when we all have the same 24 hours in a day? We're bringing you the answer on this episode of The Money Guy Show! We discuss that elusive it factor and outline the actions that you can take to shift your focus and begin boosting your productivity to reach a higher level.

The Money Guy Mailbag Episode

Apr 9, 2016 44:33

Description:

Ever wish the Money Guys would answer YOUR money-related question? That's exactly what we're doing in today's episode, as we answer questions from members of the Money Guy family. A few weeks ago, we asked show listeners on Facebook to tell us what you want covered on the podcast -- and we got a wealth of great topics. Let's dig into the mailbag and respond to the questions that matter to you!

Everything You Need to Know About IRAs

Mar 26, 2016 36:10

Description:

How much do you really know about IRAs? When you can choose between Traditional, Roth, SEP, SIMPLE, and more IRA options, it’s easy to get confused. How can you be sure that you’re choosing the right one? By tuning into the Money Guy Show, of course. On the show today, we’re talking about the evolution of IRAs and why they're not all created equal. We break down each account option available and help you make sense of their long-term benefit to your bottom line.

Financial Order of Operations, Money Guy Style

Mar 12, 2016 29:07

Description:

Often, not knowing all the good ways to put money to work for you isn't the problem stopping you from achieving financial success. It's knowing what to do first and how to prioritize when we all have so many competing financial goals. It'd be great if there was a sort of financial order of operations we could use to know the right order of steps to take to build wealth, right? Which is why, on today’s episode, we’re giving you that order of operations for managing your finances. Tune in and learn more!

The Secrets of the Financial Planning Industry

Feb 27, 2016 36:15

Description:

Have you ever felt confused about what REALLY goes on in the financial planning industry? Traditionally, financial planning as a profession has lacked transparency, and stories of bad experiences with salespeople disguised as "advisors" deter many people from even trying to seek out reliable, trustworthy financial planners. On today's episode, we're pulling back the curtain to shed light on what really goes on in the financial planning industry, what you need to know to identify sure signs of a good thing and red flags that serve as warnings, and much more.

How to Spot and Maximize Opportunities

Feb 13, 2016 47:24

Description:

There’s not a single person that enjoys missing out on great opportunities -- especially those that have the potential to completely change the trajectory of life. And yet, many of us do this by not recognizing when opportunities are presented, or having all sorts of reasons why we can't pursue them when we DO recognize them. Today, let's talk about how to get past that so you can identify where you can make the most of your unique talents. Tune in and start maximizing the opportunities that come your way!

Financial Mistakes You Hope Your Friends Will Make

Jan 30, 2016 32:43

Description:

It’s always nice to enjoy your hard-earned money -- but not so much that you sabotage your future financial goals. But there may be ways to enjoy all the benefits of vacation homes, specialty vehicles, and other luxury, lifestyle purchases without allowing these potential landmines to derail your long-term financial plans. These are the kind of financial "mistakes" you want to avoid.. but may wish your friends make! It's all in good fun, and this week's episode takes a look at why these kinds of luxury purchases can put you off the path to financial success -- and some smarter, simpler ways to enjoy the good life without losing out on opportunities to grow real wealth.

All the Financial Advice You Need on an Index Card

Jan 16, 2016 39:06

Description:

Happy 2016! The Money-Guys are thrilled to celebrate 10 years of producing The Money Guy Show. It’s been an incredible decade of sharing this podcast with you. Thanks for being along for the ride. On this episode, we want to cover something you might have seen in the news recently: the claim that you can fit all the financial advice you need on an index card. But we’re putting a bit of Money Guy twist on things, and sharing some unique tips and ideas for smart and simple money management.

The 30(ish) Minute Financial Plan

Jan 2, 2016 54:03

Description:

Happy New Year, y'all! We want to start your new year off right in this first Money Guy Show episode of 2016. Whether you just started your financial journey or you consider yourself a money master, today's podcast will get you on the right path to financial success. We're bringing you all you need to know to create your own financial plan in just about 30 minutes. Ready to get started?

7 Must-Read Books for Success in 2016

Dec 19, 2015 30:12

Description:

Get your New Year reading list in order with our 7 must-read book recommendations for 2016. Whether you want to improve your financial health or focus on self-development, these books have you covered. If you’ve ever wondered what information helped shape us into the financial experts we are today, this show provides the answers. After tuning in, don't forget to connect with us on Twitter @MoneyGuyPodcast, or check us out on Facebook. Share your own book recommendations with us on social media -- we’d love to hear what you think we missed.

The Expensive Truth About Annuities

Dec 5, 2015 40:21

Description:

Truth about Annuities Today, we want to expose a few truths about a type of investment that gets a lot of folks in the financial world fired up. We're sharing the truth about annuities on this episode of The Money-Guy Show, and explaining what you need to know about four different types of annuities and the expensive fees associated with each.

7 Steps for Successful Vision Planning in 2016

Nov 21, 2015 36:44

Description:

Vision Planning for 2016 In this episode, your Money Guys cover a few tips on Black Friday shopping before revealing 7 steps you can take to have a successful 2016. If you’ve found you’re not happy with where you are and want to push past boundaries in 2016, this show will leave you feeling inspired to take action.

11 Dangerous Financial Mistakes Couples Make

Nov 7, 2015 34:28

Description:

Dangerous Financial Mistakes Couples Make Do you and your other half function as a team? If you’re the financially dominant one, do you include your spouse in all financial decisions? Does your spouse understand why you make those decisions? We’re covering these topics and more as we take a deep dive into how couples can successfully manage their financial lives together. Learn the 11 most common -- and dangerous -- mistakes we see couples make with their money, and gain insight into how you can avoid these missteps in your own marriage and life.

3 Ways to Make Your Money Go Farther

Oct 24, 2015 36:46

Description:

Shopping The holidays are fast approaching, and that means holiday shopping. But if you want to learn how to take advantage of sales year-round -- and not just during the holidays -- then you’ll want to tune into this episode. We’re covering 3 simple but often overlooked ways you can make your money go 3 to 5% further than the rest of your peers.

How to Get Out of Traps Laid by Bad Investments

Oct 10, 2015 44:56

Description:

chart-594212_640 Do you feel stuck with an individual stock you bought? Or maybe you bought into a front-loaded mutual fund a while ago, and now you’re not sure what to do with it. Perhaps you’ve got one of those variable annuities and it’s dragging your financial life down. On the show today, we’re talking about financial follies and the traps we fall into from bad investments -- and how to get out of them.

Have Kids? Here’s How to Save for College

Sep 26, 2015 45:20

Description:

How to Save for College If you have children, you know a huge cost you'll face as a parent is higher education. In this episode of The Money-Guy Show, Brian and Bo cover 5 important areas that you need to think about in discovering how to save for college -- including where to put your savings and how to invest in plans like 529s.

Rethink the Way You Look at Cash

Sep 12, 2015 34:22

Description:

Rethink the way you look at cash Feel like cash is a boring way to go -- when you could be making great returns in the stock market? Cash may not be as exciting as smart investments, but it's still a vital part of a comprehensive financial plan. This week, Bo and Brian chat about why and how to rethink the way you look at cash.

Are Robo-Advisors the Enemy? With Jon Stein from Betterment

Aug 29, 2015 31:56

Description:

Robo Advisors Tune in today for an exclusive interview with an industry insider: CEO of robo-advisor platform Betterment, Jon Stein. Brian and Jon talk about everything from the future of the financial advice industry to how Betterment goes beyond technology to help its investors. You don't want to miss this episode of The Money-Guy Show!

Don’t Get Spooked by Market Volatility

Aug 27, 2015 55:07

Description:

Stock Market Market Volatility This is a special bonus episode of The Money-Guy Show. In light of recent market activity, we're re-releasing a past show that covered the importance of staying rational and understanding what market volatility really means.

5 Tips on Navigating Marriage and Money

Aug 15, 2015 31:58

Description:

Marriage and Money Whether you’re a newlywed or have been married for decades, navigating marriage and money can be tricky. Don't fall victim to financial arguments, miscommunications, and other mistakes. Here's how to blend marriage and money harmoniously so you can enjoy your wedded bliss.

6 Financial Mistakes Pro Athletes Make and How They Apply to You

Aug 1, 2015 36:12

Description:

Financial Mistakes Athletes As with most shows on TV, HBO's new show Ballers depicts the pro athlete lifestyle as -- well, “baller.” Unfortunately, this is very different from the reality many athletes face day-to-day. Your Money Guys would know. Brian used to work at a firm assisting A-listers and athletes with their portfolios, and Bo has a few friends in the NFL and MLB. They’ve witnessed countless athletes making the same financial mistakes over and over. In this episode, Brian and Bo review six financial mistakes pro athletes tend to make -- and that you can avoid whether or not you've got millions in your bank account.

A Musical Money-Guy Mashup

Jul 18, 2015 44:03

Description:

Muscial Money Guy Mashup Curious about how music relates to your finances? This week, Brian revived an old Money-Guy show from way back in 2013. He takes the 7 principles in The Millionaire Next Door and matched them up with songs and lyrics. Ready to jam?

How to Avoid Cognitive Investing Biases on the Road to Financial Independence

Jul 4, 2015 50:11

Description:

Cognitive Investment Biases Letting your emotions influence your financial decisions, especially when it comes to your investments, is a bad idea. How can we push our emotions aside so they don’t cause us to make grave mistakes with our portfolio? Brian and Bo give you the answers in this episode, and in honor of Independence Day this weekend, discuss 15 cognitive investing biases to avoid on the road to financial independence.

Why (and How) You Need to Plan for the Cost of College

Jun 20, 2015 48:08

Description:

College Your Money Guys are back on this Podcast Friday to share thoughts around the importance of planning ahead for the cost of college -- and how to do so. Brian and Bo discuss how thinking ahead now can save you from bad financial situations in the future, and share a few tips on steps to take to make sure college costs don't get out of control.

A Baby, a Wedding, and a House

Jun 6, 2015 47:00

Description:

Engagement Ring The Money-Guy Show family has been extremely busy lately! We’re excited to celebrate a number of big life milestones with the leaders of Tightwad Nation. This show is a bit different, as Bo is busy welcoming Baby Hanson to his family. Gabe joins the show today as a guest co-host. He's another UGA grad and soon-to-be CFP® -- and he just got engaged! To celebrate, the podcast covers info and resources on finding the right engagement ring and getting started with your wedding planning. Even if you're already married, Brian and Gabe take a deep dive into this subject and provide a lot of knowledge that you could pass along to other friends and family members who have yet to hit this milestone.

10 Things to Know Before Applying for a Mortgage

May 23, 2015 44:52

Description:

Applying for a Mortgage Remember our rent vs. buy debate discussed in previous episodes of The Money-Guy Show? While that episode covered the arguments for and against both renting and buying, it didn't take a deep dive into the actual process of financing a home. Today, Brian and Bo look at the ins and outs of applying for a mortgage and cover what you need to know before you borrow money.

12 Mistakes to Avoid Making With Your IRA

May 9, 2015 41:28

Description:

Mistakes to Avoid with IRA Individual Retirement Accounts (IRAs) are critical in securing financial independence in retirement. Because of this, Brian and Bo took the opportunity to discuss what mistakes they see clients make -- and how you can avoid them. Tune in to learn about 12 errors that lead to financial trouble, and go beyond common sense with the latest advice from The Money Guys.

5 Habits of 401(k) Millionaires

Apr 25, 2015 43:11

Description:

401(k) Millionaire Think it's impossible to become a 401(k) millionaire? Wondering if you can commit to what's necessary to achieve this big goal? On this episode of The Money Guy Show, Brian and Bo review a recent study from Fidelity and dive into the 5 habits and actions that can get you to millionaire status in a working career.

5 Ways to a Happier Financial Life

Apr 11, 2015 26:33

Description:

Have a Happy Financial Life Who doesn’t want to learn how to live a happier financial life? Here's the good news: The Money-Guy Show explains how in this episode. Brian and Bo review an article from The Wall Street Journal and share 5 simple, common-sense keys to living a happier financial life.

Recapping the 2015 Berkshire Hathaway Letter to Shareholders

Mar 28, 2015 55:40

Description:

BUFFETT CREDIT It's our favorite time of year! Well, it's close for financial fans and money nerds. Here's what's going down: Brian and Bo cover the 2015 Berkshire Hathaway Annual Letter to Shareholders in this episode of The Money-Guy Show. Here are the highlights from each.

Remembering a Personal Finance Icon and His Timeless Advice

Mar 14, 2015 38:56

Description:

Thomas J Stanley This episode of The Money-Guy Show is a reflective one as Brian and Bo pay tribute to Thomas J. Stanley, co-author of the popular personal finance book, “The Millionaire Next Door.” They also discuss the importance of healthcare directives in light of Brian’s father-in-law passing away unexpectedly. As loss is unfortunately inevitable in our lives, Brian is also offering his wisdom on how we can turn loss into motivational fuel.

Lump Sum or Payout: How to Withdraw When You Retire

Feb 28, 2015 31:25

Description:

Lump Sum vs. Monthly Payments This week, your Money Guys tackle a question often asked by their clients in regards to retirement planning: “Should I take a lump sum payment, or a monthly pension payment?” Brian and Bo walk listeners through the same decision-making process they offer their clients. They cover the pros and cons of each option, as well as the factors (and math) you need to take into consideration when making the decision.

What to Do When Life Happens

Feb 14, 2015 42:27

Description:

Financial Planning for the Unexpected Here's a simple fact: life happens. Even though we try to plan for everything, we can’t possibly know what life is going to throw at us next. So how can we financially prepare ourselves for life's emergencies? How can we work in financial planning for the unexpected? Today, your Money Guys provide the steps you can take to ensure you’re prepared and can plan for the unexpected.

Breaking Through the Mystery of Investing

Jan 31, 2015 50:22

Description:

Investing Brian and Bo hate to see so many individuals out there put off by the idea of investing. Today, they're showing you how easy it is to get started by breaking through the mystery of investing your money -- because it's the fastest way to grow your wealth.

Should You Rent or Buy?

Jan 17, 2015 39:18

Description:

Rent or Buy Rent or buy? It's a big debate and each side of the argument has its pros and cons -- and your age, your experience, and the way you view your money and your long-term goals can all impact whether you think it's better to rent or buy. In this podcast episode, Brian and Bo cover the emotional aspects of home ownership, when renting may make more sense, and why owning your own home can pay off financially.

What to Look for When You Need a Financial Professional

Jan 3, 2015 47:38

Description:

Financial Professional Your Money Guys kick off the first podcast of 2015 with valuable advice on what to look for in a financial professional -- be it a tax preparer, insurance agent, or financial advisor. Nearly everyone uses (or should use!) services provided by these financial pros, so it's important to understand the questions to ask each of these individuals in order to make sure they’re in the right position to help you. This episode will also provide you with a better idea of how to vet each one so that you end up a happy client.

Creating a Vision Plan for 2015

Dec 20, 2014 45:20

Description:

sunset-401541_640 With this last show of the year, we wanted to do something a little different and get you set up for success in 2015. You can change your life in the new year with the right drive, determination, and dedication to your goals. There are no limits! Brian and Bo walk you through creating a personal vision plan for the new year and offer tips on creating a plan, taking action, and achieving success.

The Financial Decisions to Get Right at Every Stage and Age

Dec 6, 2014 43:28

Description:

Financial Decisions No matter what your life stage, there are financial decisions to think about -- and to get right. It’s never too early (or too late!) to take smart action and improve your financial situation. In this episode of The Money-Guy Show, the guys are joined by guest Alan Moore of XY Planning Network to discuss the pitfalls, blind spots, and solutions to money matters and problems for all ages.

Black Friday and Bad Fees

Nov 22, 2014 32:35

Description:

Black Friday Shopping Wait -- what’s a tightwad doing talking about spending money for the holidays? Don't worry, Tightwad Nation. The guys discuss this retail "holiday" as an opportunity to buy things you actually need and at a much lower cost than any other time of the year.

How to Prioritize Financial Goals

Nov 8, 2014 41:01

Description:

Here's how to prioritize your financial goals The guys got a great listener question a few months ago -- from a husband and wife team who listen to the podcast together! -- and are taking it on for this episode. The question: how much should you save and invest if you have debt? Brian and Bo answer with some basics we can all abide by when it comes to prioritizing financial goals, and wrap up with a discussion of some of the biggest money-wasters out there.

Is the Sky Falling? How to Handle Market Volatility

Oct 23, 2014 53:24

Description:

Stock Market Volitility Spoiler alert: no, the sky is not falling. Don’t let the financial media get you riled up when they start trying to develop an emotional frenzy. When you start hearing dramatic reports about the stock market from media outlets, it’s important to understand that the actual data paints a very different picture than the talking heads on your TV or radio.

Financial Lessons Learned at FinCon

Oct 11, 2014 46:12

Description:

fincon2 Brian and Bo made their first appearance at FinCon this year and share their experiences with you. They also discuss when it makes sense to be a tightwad versus when you should pay the extra money for professional help. Brian and Bo start by reviewing a few tips found in Damian Davila’s article on WiseBread, […]

Celebrity Money Mistakes and How to Prevent Them

Sep 27, 2014 48:37

Description:

Mistakes2 Brian and Bo run through money mistakes that celebrities have made and give you some advice on how to correct or avoid making the same mistakes yourself.

Target Date Retirement Funds Pros and Cons

Sep 16, 2014 34:57

Description:

target3 Target date funds have been around for two decades now and they continue to evolve and find their place in more and more portfolios. The funds are typically inexpensive and give you a great amount of diversification while targeting an appropriate amount of risk to fit your financial timeline.

How Much Insurance Do I Need?

Aug 30, 2014 38:45

Description:

Brian and Bo discuss insurance necessities as well as the appropriate level of insurance to carry across varying career and life stages. The guys also discuss emergency reserves and disability insurance. If you are in the market for insurance this is the show for you!

Savings Samurai – Nickel Ninja

Aug 16, 2014 41:55

Description:

Brian and Bo give you the tips and tools you need to make your dollars stretch further than the rest. The guys share sites to help save you money shopping online, booking travel arrangements, negotiating utilities, and grabbing a cab.

Dollar Cost Averaging…The Discussion Continues

Aug 2, 2014 41:13

Description:

This week Brian and Bo dig into the dollar cost averaging discussion, and illustrate the pros and cons that DCA presents. The Dollar Cost Averaging strategy is fairly simple, it boils down to having systematic entry points into the market.

Broken Dreams: Take 2

Jul 19, 2014 29:49

Description:

Brian and Bo pick up where they left off last week by detailing financial factors to consider when participating in the housing market. The guys even discuss some strategies and tools to utilize when reviewing non-mortgage, housing related expenses.

Broken Dreams: What’s Going on in Housing?

Jul 11, 2014 44:16

Description:

Have you been waiting to buy or sell a house? Are you tired of renting and have been waiting to purchase your dream home? Brian and Bo give you their thoughts on the housing market so you can make sense of the current housing environment. The guys first look at few explanations for the suppressed […]

Is The Risk Worth The Reward?

Jun 27, 2014 35:51

Description:

Brian dives into what it takes to be successful in business, finances, and your career, and how that success relates to the risks you take. He covers the habits that seem to drive successful people to push the envelope, and how those are the people who are willing to take risks more often in order to accomplish their goals. He also discusses why people tend to take the easy road and settle for a life that they may only be content with.

How to Become a Millionaire

Jun 14, 2014 41:06

Description:

A million dollars seems like such a magic number, but what does it take to get you there? It may be true that saving the first $100,000 is the hardest, but you have to start somewhere. This week Brian and Bo give you the basic steps necessary to becoming a millionaire by retirement age. The choice is yours, start early or start late...it can be done!!

Top Tips to Prepare for Retirement

May 31, 2014 40:47

Description:

Brian and Bo cover different strategies and steps to take when preparing for retirement and review features that are available in your 401k. The motivation for this show is two articles that finance blogger Dana Anspach recently released about 401k’s and other retirement accounts, 7 Things I Wish People Knew About 401k Plans, and 7 to-do’s before you turn 59.

How Do You Hold Your Assets?

May 16, 2014 39:58

Description:

Brian and Bo discuss the strategy behind asset location and give you a breakdown of their thoughts when designing investment portfolios. The guys give you the rundown on tax-efficiency and cover the three “pots” of money in the investing world 1) Taxable 2) Tax-Deferred 3) Tax Free.

Is Lending Club a Good Idea?

May 3, 2014 51:23

Description:

The market downturn from 2007-2009 forced banks and other lending institutions to increase their lending standards for personal loans, as a result, peer-to-peer lending has found its footing. From this, Lending Club has jumped to the front of the market for these loans. Brian and Bo have been dabbling with the site over the past year, and in this show they give everyone a rundown of their experience over the past year.

Is Identity Theft Protection Worth It?

Apr 18, 2014 36:26

Description:

Brian and Bo investigate identity theft protection, and credit monitoring industries, as well as provide you with alternative methods to identity security that is available. This week’s episode is a must-listen and a great resource to keep an eye on your credit score, report, and security.

Discussing Money With Your Aging Parents

Apr 5, 2014 30:13

Description:

The core of this week’s show is staying informed with your parent’s financial situation. Brian and Bo cover what you need to know and when it makes sense to discuss finances with your parents or children.

Be An Advocate For Your Wallet

Mar 22, 2014 28:00

Description:

Brian and Bo share tips for saving money every month with a couple of phone calls. They stress being an advocate for your wallet by constantly looking for the best deals. This week we cover reducing your utility bills and explore resources online that allow you to compare the best prices for the services that you spend money on every month.

Has Warren Buffett Lost His Golden Touch?

Mar 8, 2014 50:27

Description:

In this week’s show Brian and Bo analyze Warren Buffett’s annual Letter to Shareholders. It does not matter the market the conditions, he always has a simplistic view and understanding of investing and can relay that information in layman’s terms. Basically, Buffett's still got it.

Active vs. Passive Investing: Which Works?

Feb 22, 2014 44:59

Description:

In this episode Brian and Bo dig into the active vs passive argument. It seems like there is a constant battle among investors and advisors about their stance on active and passive management. Brian and Bo share their opinions and give a behind the scenes look of their investment philosophy.

Tax Essentials

Feb 1, 2014 45:53

Description:

The IRS started accepting tax returns January 31st so we thought it was best that we give you some tips when filing your return. We cover some topics that will hopefully make filing your 2013 taxes a little less stressful.

Homeowners Insurance 101

Jan 18, 2014 40:27

Description:

Brian and Bo cover homeowners insurance in this week’s podcast. The topic surfaced after Brian had a pipe burst in his home and experienced pretty significant water damage. The guys give you a rundown of what to expect during an insurance claim as well as the ins and outs of your homeowners insurance policy.

Benchmarking Financial Success

Jan 4, 2014 46:04

Description:

Happy New Year! We are starting the year out by giving you a ton of great advice. The theme of this show is to stick to what works. We are not going to try to re-invent the wheel, but rather explore what creates success and benchmark it. This week Brian and Bo cover some great financial concepts to implement in the New Year.

The Big Give

Dec 21, 2013 37:38

Description:

  This week we dig into charitable giving, it’s a perfect topic for this time of year. Brian and Bo cover donor advised funds as well as some cool tax tips. We also discuss our goals for 2014 and give you a sneak peak of what to expect from us in the coming year. Money-Guy […]

Finding Your Place in Life

Dec 7, 2013 41:49

Description:

Brian’s recent birthday is the inspiration for this week’s podcast. He reflects on the defining moments in his life so far and shares his thoughts on the factors that determine your place in life, both financially, and emotionally. The two key issues that he felt were pressing to address in this podcast are: 1. Where should you be financially, and 2. Doing things in life that make you happy.

Financial Lessons Learned in Vegas

Nov 16, 2013 55:32

Description:

Brian and Bo share funny stories and financial lessons learned from their recent trip to Las Vegas. They cover everything from playing the odds to knowing how to get free and discounted incentives. If you’re planning a trip or vacation in the future this show is a must listen. Check below the show notes for a list of links to topics from this podcast like celebrity gamblers and the wizard of odds.

Code Red

Nov 2, 2013 55:44

Description:

This week Brian summarizes the 2011 and 2012 Letter to Shareholders from Berkshire Hathaway. He notes that consistency is key when investing, especially during times of uncertainty. We also give you a rundown of the article: 10 ways to wipe out your retirement savings, by Dana Anspack, a fee-only advisor out of Arizona. Dana does a great job on each of her ten points, we feel like this is a must read for everyone.

What Financial Pros Aren’t Telling You

Oct 19, 2013 39:19

Description:

financial-professional This week we analyze the Truths Financial Pro’s Won’t Tell article from the October issue of Consumer Reports and share our thoughts and perspectives with you about working with financial advisors. We also cover the humble story of NFL running back Alfred Morris and his first car.

Car Buying Tips and Tricks

Oct 5, 2013 32:35

Description:

This week we break down the car buying process to give you some helpful tips when purchasing or leasing a car. Over the years we have developed a system for helping clients buy cars we're giving you a behind the scenes peak at the Money-Guy's best practices for car purchases.

Money-Guy Mashup

Sep 21, 2013 41:57

Description:

Everyone is in for a treat this week as we explore the way music relates to your finances. Brian dug through his iPod and iTunes to find a list of songs that solidify the advice we give on a daily basis. Another added bonus: The show notes this week are from Brian’s desk.

Addicted to Saving

Sep 7, 2013 38:15

Description:

This week we look at the importance of saving early as well as evaluating your 401k and the investments inside it. Brian and Bo examine two articles: An Open Letter to Everyone Under 30, from The Motley Fool and How to Grow Your Savings, from Consumer Reports.

Estate Planning 101

Aug 24, 2013 41:55

Description:

Brian and Bo take a detailed look at estate planning that will be helpful no matter what stage you are in financially. This topic affects everyone differently and the guys are here to give you some insight. From the basics to complex strategies, the Money-Guy covers the realm of estate planning in this show!

One Stop Loan Shop

Aug 10, 2013 44:02

Description:

Brian and Bo evaluate an alternative way to borrow and lend money in this week’s show. They get into the nitty gritty of peer to peer lending, as well as, the real estate research website Zillow. Brian shares his personal experiences with peer to peer lending using the Lending Club website.

Yield! Watch for Dividends

Jul 27, 2013 34:51

Description:

Brian and Bo tackle the challenge of explaining how yield can affect the overall performance of a portfolio. They share historical numbers and some great quotes that reference the importance of making solid investments that keep dividend yield in mind.

When Investing Right Goes Oh So Wrong

Jul 13, 2013 39:16

Description:

With the recent news and market movements, Brian and Bo share with you their views about investing. They look into asset classes from Fixed Income to Emerging Markets, sharing a lot of great advice about allocating your portfolio going forward.

The 30ish Minute Financial Plan

Jun 29, 2013 52:04

Description:

This week on The Money-Guy show, Brian and Bo run through a list of items that will help keep you on track throughout your financial marathon. They hit topics from estate planning to negotiating service rates. This is a great show to help establish future plans and to create a checklist to ensure you reach your financial goals.

Marriage…An Education

Jun 15, 2013 39:42

Description:

Brian and Bo jump into the deep end of Bo’s first year of marriage and how his financial life has changed. Bo sees how far off his predictions were a year ago when he got married. Largest monthly expense: miscellaneous. What is there to cut back on when looking at your miscellaneous category? Everything is miscellaneous! Bo said, on average, he exceeded his miscellaneous budget by 110% per month (even with monthly adjustments)!

Love and Marriage… and Finances (Rewind)

Jun 1, 2013 53:56

Description:

We intro with today’s show as a preface to our next show, which will recap Bo’s first year of marriage. From there Brian and Bo replay last year’s show that happened two weeks before Bo and Jenna’s wedding. Make sure not to miss our next show which will go into more depth of Bo’s initial year in marriage, while also hitting on the way that money can impact your marriage. After next week’s show we transition away from the topic of marriage and back to our Money-Guy array of topics.

The Risk of Not Taking Risks

May 18, 2013 32:24

Description:

Today, Brian and Bo tackle the risk that you take by sitting on the investment sidelines. They have been fielding a number of questions over the past few months covering this very topic. The moral of this episode is to get started doing something sooner rather than later so that you do not miss out on what the market has to offer.

10,000 Hours

May 4, 2013 49:39

Description:

Today’s show is more of a “life” podcast, giving you the motivation to move ahead and the challenge to believe in yourself. While on vacation last week, Brian read two very interesting books. Outliers by Malcolm Gladwell and How To Be Like Walt by Pat Williams. These books help us to dream big and believe that you can accomplish those dreams. An individual with passion and the right opportunities can truly change the world.

Building Your Dollar Army

Apr 20, 2013 36:28

Description:

We are always happy to receive emails from our listeners, and, on this show, Brian shares two different emails, one from someone beginning their financial journey and one from someone who is far enough along in his journey to see the fruits of his labor. The lesson from these listeners is simple: don’t let another day go by without saving for your future. Why are you waiting? Every day that goes by makes it harder to reach your goals. Start today to save and make it a part of your life that is automatic. Every dollar that you put away will help you build an army of soldiers that will work for you in the future.

Investing Truths and How to Avoid the Noise

Apr 6, 2013 40:19

Description:

Downturns over the last 5 years have provided an incredible opportunity to learn core principles about investing. During crisis times, there is a lot of rich material about learning to become a good investor. 2008 was a monumentally historic year for the stock market, but not in a good way. If we could bottle up the feeling we had during the crisis, it would be truly priceless.

The A B C’s of Mutual Funds

Mar 23, 2013 36:49

Description:

When investing in mutual funds, you normally choose between Class A, Class B or Class C. The main difference in these options is the fees that you will be charged and how they are charged. A good way to understand how these fees work is to look at the funds one by one and determine which plan is best for you financially.

Money-Guy Misses

Mar 9, 2013 52:38

Description:

Almost everyone has a story about a financial mistake that they made at some point in their lives. These mistakes are some of our best learning moments, and they teach us a lot about how to make good choices in the future. We hope that by sharing our past mistakes with you, we can help you avoid these same mistakes.

Secrets for a Dream Retirement

Feb 23, 2013 41:29

Description:

The basic key to a good retirement is to save money and earn a decent payback on your investments. However, there are other keys to working this plan, and they involve all stages of life from the early years into your retirement. Earning money and investing it wisely is not the only thing to consider. According to an article from CNN Money, there are 6 important secrets to having your dream retirement.

Life Insurance 101

Feb 9, 2013 32:51

Description:

Although life insurance may be a morbid discussion, it can be a very important piece of your financial plan. Rates can be very affordable, even for people in their 40’s and 50’s. We believe that it is important to educate yourself by doing your homework and getting a good understanding of what you are buying. Remember that your family is dependent on your income, and it will make such a difference in the lives of those you may leave behind.

The Web Vs. Your Financial Advisor

Jan 26, 2013 49:09

Description:

The look and feel of the personal financial planner is changing. No longer is an office surrounded by mahogany and crown moldings the only choice. Some of today’s financial planners are much more laid back and casual, but maintain the same level of expertise and financial knowledge. The internet offers many choices for a planner as well, and it’s up to you to decide based on your needs and goals what will work best for you.

The Money-Guy Answers Your Email

Jan 12, 2013 33:14

Description:

As a lead-off show for 2013, we decided to answer some email questions from our listeners. We love receiving your email questions and always enjoy when we get to share them on the show.

Money Truths and Financial Life Lessons from the Money Guys

Dec 29, 2012 56:49

Description:

Now that Christmas is over, remember that it is not about the gift itself but about the thought that went into it. With our New Year's resolutions right around the corner, we decided to share some Money-Guy insights with our listeners. Sometimes age changes how we look at life and financial planning. It’s so important to enjoy the smaller things in life. Here are some keys we feel are important to remember.

Is There a Perfect Income for Happiness?

Dec 15, 2012 36:35

Description:

The Christmas season is quickly approaching, and, in our office, the Michael Buble holiday Pandora channel has been playing nonstop (we are using the wireless speaker purchased on Black Friday) to help us get ready for the holidays...

End of Year Tax Planning

Dec 1, 2012 28:29

Description:

Hopefully everyone had a great Thanksgiving. We certainly did and, as expected, ate way more that we should have! With the end of the year quickly approaching, we thought we would share some planning strategies you may want to begin thinking about as we close down 2012. From investment planning to tax planning, the end of the year is always a great time to put the ‘finishing touches’ on making sure your financial house is in order.

Now That the Election is Over…

Nov 10, 2012 40:47

Description:

Now that the Presidential election of 2012 is behind us, what will the future hold? Democrats and Republicans are currently deeply divided. With the victory for the President, our hopes are that he will use his re-election to help the country heal and find compromise.

Best 529 College Savings Plans

Oct 27, 2012 34:55

Description:

For many parents out there, one of the biggest concerns is providing their children with a college education. We have done shows in the past about the benefits of 529 savings plans and, in today's show, we revisit this topic and update you guys on the best plans of 2012.

Best Brokers and Retirement Rules of Thumb

Oct 13, 2012 22:37

Description:

It is a great thing in life when you do good work for people, and good things turn around and happen to you. We started this podcast because we have a passion to share free advice for the "do-it-yourselfers" out there who need straight-forward, honest advice. In turn, we have not only transformed many of those listeners into clients, but we have also been fortunate enough to connect with others in the podcast and blogging community. In today's show, we share some of the thoughts and research from members of the blogging world who we truly value having a supportive relationship with.

Addicted to Saving

Sep 29, 2012 32:03

Description:

America is a country that is addicted to addiction. From Oprah to Dr. Phil, everywhere we turn there is fascination with the negativity surrounding alcoholism, overeating, overspending, etc. What you don’t hear a lot about are addictions that can have a positive impact on your life. In today’s show, we focus on a positive addiction to get you excited about being addicted to saving!

Bringin’ Simple Back…Again!

Sep 14, 2012 44:19

Description:

That’s right. We’re bringin’ simple back...again! Our 2009 show, Bringin' Simple Back, was one of our most popular shows to date, so today we are re-releasing this show to remind our listeners to keep it simple. Lately we have been reminded that, regardless of complicated economic situations, simple is often better. Though it has been over three years since we recorded this podcast, it is incredible to see that with all of the changes in the economy since 2009, the information in this show is still very relevant.

Setting Yourself Up For Success

Sep 1, 2012 44:10

Description:

Truly successful people are those who consistently do well in many different areas of life. There are actually patterns that successful people follow in order to reach their goals. In today's show, we share some traits and skills of highly effective people as well as some Money-Guy tips to apply all of this to your financial lives.

Back to Basics: The Power of Patience

Aug 21, 2012 40:11

Description:

We have all heard that patience is a virtue. But did you know that you can actually get paid for being patient? In today's show, we share some data that reveals just what a plan and a little patience can do for your portfolio returns.

A Gross Misconception

Aug 4, 2012 37:22

Description:

Bill Gross is someone we respect greatly and we have been following his career for years. He co-founded Pacific Investment Management and runs the world's largest bond mutual fund, PIMCO Total Return. He recently released an Investment Outlook piece, titled Cult Figures, and we wanted to share our opinion on his thoughts in today's show.

2nd Quarter Wrap-Up

Jul 21, 2012 40:26

Description:

The year is halfway over and it's time for us to share our reflections of the year so far and what we are looking at going forward. At the end of each quarter, we send quarterly reports to our clients accompanied by our commentary on the financial world. Check out today's show for some highlights from this quarter's commentary that we wanted to share with our Money-Guy family.

Mortgage Rates, Refinancing, and Everything Real Estate

Jul 7, 2012 38:11

Description:

With mortgage rates at record lows, a trending topic is refinancing and strategies for paying (or not paying) off your mortgage. In today’s show, we highlight some of the pros and cons of the various options for homeowners.

Tipping Tips

Jun 23, 2012 50:24

Description:

Tipping someone for the service they are providing is meant to be a token of appreciation for a job well done. However, every time you turn around, there are tip jars making it very confusing as to when you should tip and how much. Listen to today's show for our insights and experiences as someone handing out the tips as well as the perspective of one who has worked to increase their tips in the service industry.

Timeless Tips and Tax Advice

Jun 8, 2012 52:25

Description:

Many investors are looking for a hot, flavor-of-the-week investment tactic to bring them success. With a long-term outlook, though, it is important to develop a sensible investing strategy that will withstand the test of time. In today's show, we cover some timeless retirement planning and business tips to help you reach your goals.

Protecting Your Identity

May 25, 2012 32:13

Description:

The number of identity theft cases continues to The June 2012 Consumer Reports Magazine focused on tips and products to help you protect your privacy.  They reported that 16 million households have been victims of identity theft over the past year (up almost 50%).  Census bureau data for the same year shows that there were […]

Facebook IPO Friend Request…Should You Accept?

May 12, 2012 36:21

Description:

The trending topic in the investment world is the fact that Facebook is going public. With the IPO date quickly approaching, we focus today's show on the ins and outs of initial public offerings and what happens when companies don't live up to the hype.

Love and Marriage…and Finances

Apr 28, 2012 49:16

Description:

As many of you know, Bo is getting married in less than two months, so his upcoming wedding has been a hot and heavy topic around our office. We feel that Bo is a little naive about marriage and financial expectations, so picking on him has provided a lot of entertainment for the rest of us lately. In today's show, we thought we would let you guys in on the fun and talk about the biggest financial mistakes couples make as well as some of the financial benefits that come along with marriage.

Above-Average Shopping and Investing

Apr 14, 2012 28:32

Description:

The average shopper may blindly pay retail price for their goods. The average investor may make rookie investment choices that cost them dearly. But Money-Guy listeners are anything but average when it comes to financial matters. In today's show, we talk about the rewards involved with being an above-average shopper and investor.

How to Win Life’s Lottery

Mar 31, 2012 41:48

Description:

It seems that lottery fever is sweeping the nation, so today we give our thoughts on how you can still be a winner of life's lottery without hitting the jackpot.

Keys to Success

Mar 17, 2012 40:01

Description:

In running a wealth management practice, we have the privilege to work with individuals who have experienced a large amount of success in life. Based on our own success, as well as that of our clients, we have some personal insight into what it takes to set and accomplish your goals.

Berkshire Letter to Shareholders

Mar 3, 2012 36:42

Description:

It's Warren Buffett Time! For a lot of us self-proclaimed nerds out there, the release of Warren Buffett’s annual letter to the shareholders of Berkshire Hathaway marks an exciting time. In today's show, we share some of the highlights that we took away from this year’s message.

Tax Season 2012

Feb 18, 2012 29:04

Description:

It's that time of year again! Tax season is upon us, and in today's show we focus on some tips to make your 2012 tax preparation as seamless as possible.

Preparing For the Unknown

Feb 4, 2012 37:13

Description:

As is so often the case, this show was inspired by actual life events taking place. Unfortunately, this week's episode is not light and jovial as many of our shows are. In today's episode, Bo shares the unfortunate and tragic loss that he and his family have recently endured. Our hope is that, through Bo's willingness to open up his personal life, today's show may serve as the needed push to begin the process of making sure you and your family are prepared and protected from unknown and unexpected life events.

Asset Location

Jan 21, 2012 36:30

Description:

In past shows, we have often covered the topic of proper asset allocation when investing, but today's podcast focuses on the importance of asset location. This means focusing not only on diversification across asset classes in your portfolio, but also tax diversification within all account types.

2012: A Brand New Year

Jan 7, 2012 45:56

Description:

Happy New Year from the Money-Guy team! It is great to be back after our holiday break, and we are very excited to share our thoughts on the economic outlook for 2012 in today's show.

Block the Noise and Start Winning

Dec 17, 2011 36:42

Description:

The Christmas spirit has taken over and we have been excited all week here at the Money-Guy Show. In 2011, it has been tempting to get caught up in negativity between the pessimism in Washington and devastating stories on the nightly news. However, in today's show, we offer some tips for blocking out the noise and steering your life in a positive direction for the New Year.

Portfolio Perseverance

Dec 3, 2011 43:38

Description:

With market fluctuations and continuous financial volatility, many are tempted to give up on investing altogether. The anxiety and fear that come along with an uncertain economy may seem overwhelming, but today’s show gives you the tips you need to persevere with your long-term investing plan.

Black Friday 2011

Nov 12, 2011 37:20

Description:

It's that time of year again...Black Friday is just around the corner, and the Money-Guy is here to make sure you have everything you need to get the best deals this holiday season.

Knowing When to Go Pro

Oct 29, 2011 37:13

Description:

Hiring a professional financial planner could possibly be the key that unlocks the door to your financial success. At the same time, choosing the right advisor to work with is an important decision that can often seem overwhelming. In today's show, we discuss the services that planners will and will not provide as well as key things to look for when hiring a pro.

The Money-Guy’s Take on 9-9-9

Oct 15, 2011 37:56

Description:

Everyone’s gearing up for Election 2012 and recently, there has been a lot of talk and debate about Herman Cain’s 9-9-9 plan. In today’s show, we evaluate Cain’s plan and tell you what we like about it, what hesitations we have, and share some numbers we ran to test it.

Netflix, Millionaires, and Operation Twist

Oct 1, 2011 35:44

Description:

There have been a lot of things going on here lately at the Money-Guy Show, so today's podcast covers a variety of topics including Netflix, becoming a millionaire, and Operation Twist.

Mutual Fund Mastery

Sep 17, 2011 35:30

Description:

Mutual fund investing is one of the easiest ways to get into the market. But whether you are a seasoned investor or just starting out, there are some important things you should know when it comes to choosing the right mutual funds.

How to Identify Opportunities (And Make Your Own Luck)

Sep 3, 2011 38:15

Description:

Often times in life, we associate the successes of others with luck. If someone lands the perfect job, finds their soul mate, or wins the jackpot, we automatically think that luck is on their side. In the investment world, however, luck is not the only factor involved...

Utility Tips and Service Savings

Aug 20, 2011 30:07

Description:

Whenever we get into these times of economic turmoil, it is always a good idea to step back and look at the ways you can trim spending on a small scale.

The Money-Guy Getaway

Aug 6, 2011 38:42

Description:

In the midst of a crazy week in our economy, today’s podcast takes a step back from the doom and gloom and focuses on something we could all probably use right now…a getaway.

Millionaire Myth Follow-Up

Jul 21, 2011 44:08

Description:

It seems that we struck a chord with our last show, “Jet Owners, Ogres, and Other Millionaire Myths”. Because we received so much great feedback, today’s show is a follow-up to clarify some of our points and respond to the comments we received.

Jet Owners, Ogres, and Other Millionaire Myths

Jul 9, 2011 50:33

Description:

It is difficult, as you can imagine, to be a small business owner who feels like, at least lately, I am walking around with a target on my back...

Is Investing in Rental Property a Game Worth Playing?

Jun 25, 2011 52:53

Description:

I’ve told you guys before that this show is a truly organic process. The topics come from various sources of inspiration and this week, it happened to come from one of you. We recently received an email from a listener wanting to know more about my experience with the vacation rental property that I own.

If You Can’t Stand the Heat…Buy a Home Warranty?

Jun 11, 2011 44:34

Description:

Home warranties are most commonly associated with the acts of buying or selling a house. But often times, they make sense for those of us who are too busy (or simply not handy enough) to do our own repairs around the house. Today’s show is focused on some of the advantages of home warranties, as well as some things to look out for.

How Rewarding Are Your Rewards?

May 28, 2011 37:10

Description:

Wouldn’t it be nice if choosing a credit card were as simple as doing some research, making an informed decision, and never thinking about it again? Unfortunately, changing rates, terms, and rewards mean that you have to stay on your toes in the evolving credit card market if you want to make sure your rewards are actually rewarding your good behavior.

The Money-Guy 2011 Commencement Address

May 14, 2011 47:19

Description:

With graduation rapidly approaching for many college students, The Wall Street Journal just announced that the Class of 2011 will graduate with more debt than any class before! In today's show, we address common money mistakes that new alumni make and our guidance for new grads as well as anyone going through a major life change.

The Money-Guy Tax Plan: Part II

Apr 30, 2011 59:03

Description:

That’s right…our last show, “The Money-Guy Tax Plan”, sparked so many comments, we decided to do a follow-up…

The Money-Guy Tax Plan

Apr 16, 2011 44:12

Description:

You’ve heard solutions from the right. You’ve heard solutions from the left. You’ve even heard President Obama’s bipartisan debt panel solution. Today’s show introduces the “Money-Guy” solution to the tax code, and how I think we could make significant strides to fix the debt problem in this country and get back on track!

Tax Cheats and How to Stay Out of Trouble

Apr 2, 2011 39:52

Description:

“The income tax law is a lot of bunk. The government can’t collect legal taxes from illegal money.” These are the famous words and unsound tax advice of notorious gangster, Al Capone.

Asset Allocation: What to Think About

Mar 19, 2011 54:15

Description:

Today, we are going back to the basics and talking about the importance of asset allocation. This podcast is meant to remind our devoted listeners, and reveal to any new listeners, some of the fundamentals of financial planning and how to best handle your assets.

2010 Berkshire Letter to Shareholders

Mar 5, 2011 48:43

Description:

Today’s show is an exciting one for all of us self-proclaimed nerds. After anxiously awaiting the release of Warren Buffett’s annual message to the shareholders of Berkshire Hathaway, we share some of the highlights that we took away from this year’s letter. In addition to being a legendary investor, we also consider Mr. Buffett to be a respectable source for life experiences...

Cut, Click, or Charge… Guidance from Grocery Gurus

Feb 19, 2011 40:12

Description:

Let’s face it-groceries are a necessity for all of us, but more often than not, we’re left cringing at the checkout line over the impact on our wallets. In this week’s show, we dive head first into the world of smart shopping and coupon clipping in an effort to discover where you can really find the best deals.

Alphabet Soup and Disney

Feb 3, 2011 41:07

Description:

In this day and age, it is hard to navigate the financial landscape. It becomes even more difficult when the waters are muddied. Therefore, many individuals seek the advice and counsel of professionals. What happens, though, when those waters are muddied as well? How do you separate the wheat from the chaff?

I May Not Always be Right…

Jan 22, 2011 36:33

Description:

...but I'm never wrong! Or at least that is how the old adage goes. This may not be the exact mantra of modern day economic "prophets", but it isn't too far off. It seems like (and the study we share proves) a forecaster only has to get one big prediction right and then their word is as good as gold.

Never Run Out of Money…

Jan 8, 2011 01:01:30

Description:

Boy does it feel good to be back! The holidays always seem to throw off our schedule just a bit but, with the New Year, comes a re-vamp for the Money-Guy and getting back on schedule. Today's show is a great one. There was a fantastic article in Consumer Reports' Money Adviser titled "15 ways to never run out of money"...

Certainly Uncertain

Dec 14, 2010 39:23

Description:

As is usually the case, the holiday season has caused our bi-weekly schedule to be slightly off. You could probably even say that the frequency at which we get these podcasts published during the holidays is somewhat "uncertain" (you will see how clever this statement is as you read on... : -)

Black Friday!!!

Nov 13, 2010 34:05

Description:

That's right! It's that time of year again. I think the name probably says it all... Black Friday is upon us. This is one of my absolute favorite days of the year because I love the challenge of seeing just how far I can stretch my dollars!

HRA, HSA, and a Little History of Insurance

Oct 30, 2010 59:24

Description:

Today's show is very timely considering how much health insurance has been in the news lately. It is a topic that affects every man, woman, and child in this country and is not always a straight-forward and easy thing to understand.

Back to Basics and Email Responses

Oct 19, 2010 55:54

Description:

Today's show is a bit of a reset. Every now and then, it is good to get back to Money 101. For me, "Money 101" takes me back to a high school Economics teacher who very possibly changed the course of my entire life...

College Savings ‘Making the Grade’

Oct 5, 2010 30:32

Description:

Today's show is a follow-up to a show we did back in February 2009 titled "529 College Savings and 'The 2009 Stimulus'". Now that we have had a decent run up in the financial markets, we have the ability to look back in time and see how well those "best" and "worst" plans have done.

“American Exceptionalism”: Voices From the Past

Sep 21, 2010 56:09

Description:

It is absolutely amazing the things we can learn from history. Even more amazing is how, very ofter, history appears to repeat itself. No, not in the deja-vu type fashion; but more of a, "Hmm, I think I've been here before". Today's show comes from the minds of two great thinkers and theorists, Milton Friedman and Adam Smith.

Creative Ways to Save a Few Bucks

Sep 4, 2010 37:51

Description:

Today's show is kind of unique. Due to all of your positive feedback, I decided to sit back and let Bo take the lead. I asked him to come up with a topic that he felt was timely and even related to his life. The topic he landed on (which is no surprise if you the know the guy), was Creative Ways to Save a Few Bucks.

My Life: A Case Study

Aug 25, 2010 43:15

Description:

You have probably noticed that we are slightly off of our 2-week routine of getting you guys a new show this week. The reason is, well, because sometimes life just happens. So, over the last two weeks, life has been happening and it had me temporarily out of whack.

Prevent Your Car Accident from Becoming a Wreck

Aug 7, 2010 40:30

Description:

An unfortunate truth is that all of us, most likely, at some point in our lives will have to deal with being in a car accident. Of course the safety and well-being of all those involved is the most important thing. Assuming, however, there are no irreplaceable losses or injuries, the next thing most of our minds go to are 1) costs and 2) dealing with the insurance companies.

Taxes, They Are A-Changin’

Jul 24, 2010 42:52

Description:

To say that 2010 and 2011 are going to be 'unique' tax years would be quite an understatement. With all of the changes, or potential changes, heading our way, I thought it would timely to discuss what some of these changes are and how they may potentially affect you and your family.

Start Early and Stay Ahead

Jul 10, 2010 30:33

Description:

We have received a number of emails lately asking what steps can young people take to start getting their financial houses in order from the very beginning. In today's show, Bo addresses what decisions can be made early on to begin on the right track to financial independence.

How Well Do You Know Indexed Annuities?

Jun 25, 2010 38:33

Description:

What if I told you there was an investment where you had a guaranteed rate of return when the stock market was doing poorly, but then you could make even more when the stock market goes up? Sound too good to be true? Well, it just may be...

Why Volatility Can be Your Friend

Jun 12, 2010 19:56

Description:

While it comes as no surprise that it is a little harder to sleep at night when the stock market is bouncing all over the place, is there actually a way you can harness these big swings to benefit your portfolio and still get a decent night's sleep?

In Case of Emergency… Listen to This!

May 29, 2010 46:26

Description:

So we head to Chicago for a conference and the market decides to misbehave! The Euro-Zone deteriorates, there is an oil spill that can't be stopped, and the Korea's are fighting. Sure sounds like an emergency to me... But wait, is there hope? My answer is yes...

“Those Who Spend Too Much Will Eventually Be Owned by Those Who Are Thrifty”

May 15, 2010 51:42

Description:

Today's show is about debt, plain and simple. It builds off of two shows we did last year titled "Legacy of A Generation...Not the Millionaire Next Door" and "Bringin' Simple Back". Our hope is to bring attention to the destructive nature that debt can have and potentially come up with solutions before we...

Don’t Let Buying a Car Drive You Crazy

May 3, 2010 47:54

Description:

All of us at some point in our lives have bought, or are planning on buying, an automobile. For many, however, this is not a very pleasant experience. This comes as no surprise when, according to Forbes, "Of the top 10 industries that received the most consumer complaints last year, three were auto related".

Cheapskates, Tightwads, and Penny Pinchers

Apr 17, 2010 30:57

Description:

Today's show is a fun one! With it being the day after tax day, we thought we would do a very light-hearted and entertaining show. Don't worry, though, our next episode is back to the "meat". Our topic today is based off of an article in this month's Readers Digest titled "The Cheapest People in America".

Time For Your Check-Up…

Mar 27, 2010 42:17

Description:

With all of the media coverage concerning the new health care legislation, it would be easy to focus on the ins and outs of the new bill. However, we thought we would go a different route and talk about your financial health. Just like you keep track of your blood pressure, weight, what you eat, and how much you exercise; you should also keep track of how well your finances are doing.

Selecting Tax Efficient Investments

Mar 11, 2010 49:24

Description:

Today's show was spurred by two things: 1) it's tax time and, therefore, thinking about taxes and tax planning is fresh on most people's minds, and 2) a letter we received from one of our Premium Subscribers. In the letter, he stated he would like to hear a show on the tax efficiency of mutual funds and how you select a fund that is tax efficient. So, we set out to answer his questions...

Clear the Clutter

Feb 27, 2010 39:40

Description:

Today's show is on an issue that we all face, yet not many people know how to handle. It's happened to every one of us. You start a folder to house all of your "important documents", then maybe your folder turns into a binder, the binder turns into a drawer, the drawer becomes a filing cabinet, and next thing you know, you're up to your ears in "important documents".

Understanding Unemployment

Feb 13, 2010 44:45

Description:

Today's show isn't exactly one of those that gives you a warm and fuzzy feeling inside. The topic is, however, one of those that is a necessary evil and is a very real issue that needs to be addressed. The unemployment rate is, and has been, one of those statistics that the mainstream media has inundated us with.

Roth Conversion: In-Depth Analysis

Jan 29, 2010 54:20

Description:

Well here it is; we finally did it. You have been writing, calling, and asking for us to explain and go through the nuts and bolts of the Roth conversion and why 2010 is such an important year. You can't really turn on any financial media or read any financial literature and not come across something that at least mentions or alludes to the this planning opportunity.

Happy New Year and A Happy Retirement

Jan 13, 2010 44:59

Description:

Well, I've missed you guys. We took a few weeks off for the holidays, and I can only hope that absence has made the heart grow fonder. I thought a great way to start out this new year of financial topics was to touch on an area that I think a lot of people are probably thinking about right now.

Year-End Clean Up

Dec 5, 2009 36:21

Description:

As we wind down 2009, what sort of things should you be thinking about? Well, in my life, it seems like every December there are a million things going on both on the personal side and on the business side. In today's show, I want to focus on two things that I bet you and your family are thinking about, and if you're not thinking about them, maybe now is a good time to start.

TGI BLACK FRIDAY!!

Nov 21, 2009 30:04

Description:

Some people love Christmas or Thanksgiving or maybe New Year's or Valentine's day, but, while I do enjoy these holidays very much, there is one day each year that holds special significance for me. You probably guessed it... that day is Black Friday. [What do you expect? I'm the 'Money-Guy' :) ]

Health Insurance Making You Sick?

Nov 7, 2009 35:10

Description:

If you pay attention to any piece of news, you no doubt have heard SOMETHING about health insurance over the last few months. Coincidentally, in the midst of potential health care reform, it is open enrollment for many individuals covered under employer sponsored health plans.

The Tortoise, or the Hare?

Oct 28, 2009 32:09

Description:

Today's show is on a topic that I feel is very easy to understand, but, for some reason, very often overlooked. While overlooking this seemingly small concept may not seem like a huge deal, the impact it can have on your investment portfolio as well as your ability to reach your long term goals in monumental!

Inflation Concerns…?

Oct 17, 2009 40:53

Description:

If you watch any piece of news, read any bit of financial commentary (which you probably do since you listen to this show), or have any sense of how financial markets work, then inflation has no doubt been a thought on your mind. If you go a little deeper, then you've probably come across many conflicting view points of inflation. Is inflation good? Is it bad?

Credit Card Review

Oct 8, 2009 34:48

Description:

There was a great article in my November edition of Consumer Reports. The title of the article was Take Control of Your Credit Cards: How to Fight Back Against Higher Rates, Fees, and Abusive Practices. It is no secret that credit card companies are not the public's favorite "service provider", especially over the past 6 to 12 months...

Life Changing Events and The Fair Tax

Sep 24, 2009 44:49

Description:

So it has been about two weeks since our last show and, if you have listened to the most recent shows, you know that the reason for this temporary absence is because my wife and I have recently added a new member to the Preston family.

I.O.U.S.A. One Nation. Under Stress. In Debt.

Sep 5, 2009 42:41

Description:

Every so often we stumble across something so moving and so compelling that we feel we MUST share it with those around us. Well that is exactly what has happened to me over the past week. In today’s show I want to share a documentary done by the Peter G. Peterson Foundation titled “I.O.U.S.A”.

An Heir-Tight IRA

Aug 29, 2009 31:13

Description:

Today's show is one of those nitty-gritty topics that may not always be the most fun or most exciting, but it is definitely one of the most important. Today I wanted share the significance of making sure that your beneficiary designations are up-to-date and still reflect your posthumous wishes.

Bing Double Cash Back

Aug 20, 2009 19:09

Description:

Bo and I will be traveling to South Carolina for a conference this week, but I didn't want you to be without sound financial information for two whole weeks. This, combined with how excited I get about FREE money, made this week's show topic a no-brainer.

When The Going Gets Tough…

Aug 13, 2009 23:19

Description:

So here we find ourselves. I won't go so far as to say that things feel good, but at least it doesn't appear as though the sky is falling any longer. Will we remain at this "comfortable" level? I'm not sure and I don't think that anyone knows for sure. What I do believe, however, is that we have made it through the worst of it.

Free Fixes and ‘Cash For Clunkers’

Aug 4, 2009 31:35

Description:

Today is a prime example of how quickly things change in our current economic environment! We recorded this show on Thursday afternoon, 07/30, and planned on releasing it Friday morning, 07/31. To our amazement, when we came into the office on Friday, one of the very topics we did the show on no more than 24 hours before was no longer in existence.

“Dead Ideas” Living On

Jul 25, 2009 00

Description:

How would you feel about outperforming the stock market by 15% - 20%? Holy smokes! That sounds pretty great doesn’t it? That’s the kind of thing you get to brag about at office Christmas parties! What if, however, outperforming the markets by 15% - 20% meant you were only down 17% to 22% as opposed to losing 37%?

The Elite Savvy Consumer

Jul 18, 2009

Description:

I want you to consider this week's show 'Basic Training'... boot camp, if you will. The reason for this is because smart consumers, nay elite consumers, can make their money go about 5% - 15% farther than the general population.

Bail Outs = Bad News

Jul 10, 2009

Description:

There is only so long an individual can let something bother them before they have to bring attention to it. I tell you over and over that I really do try to stay away from religion and political talk as best as I can. Enough 'things' have happened with government and in the political arena over the last year and especially the last few months, that it does have, and is going to have, a huge impact...

Why a Roth 401k May be Your Best Bet

Jun 25, 2009 38:21

Description:

If you have been listening to this show for any length of time at all, you have no doubt heard me sing praise of the Roth IRA. The Roth IRA is an amazing planning tool for those individuals who qualify. Not only do you get tax deferred savings for retirement, but all of those earnings actually become tax FREE if certain requirements are met!

For more, visit the show notes at http://www.moneyguy.com/2009/06/why-a-roth-401k-may-be-your-best-bet 

Legacy of A Generation… Not the Millionaire Next Door

Jun 13, 2009 32:49

Description:

Sometimes individuals have those moments where they wake up in the middle of the night, and it hits them! It's that thought, or idea, or realization that is so thought-provoking and so revolutionary that they can't shake it. This is what happened to me a few nights ago!

For more information, see the show notes at http://www.moneyguy.com/2009/06/legacy-of-a-generartion-not-the-millionaire-next-door 

Bear Bargains, Broker Battles, and Searching for Yields

Jun 4, 2009 39:39

Description:

This week’s show comes from two of my most favorite newsletters, Consumer Reports’ Money Adviser and Kiplinger’s Retirement Report. These publications are great and I thoroughly enjoy reading them each month. The three topics are some of the best bargains that have happened as a result of the recession plus some buying tips, the increase in litigation against brokers and money managers and why the process might not be as easy and straight forward as you think, and then remind you that part of reaching financial independence is optimization.

Show notes at http://www.moneyguy.com/2009/06/bear-bargains-broker-battles-and-searching-for-yields 

Social Security, Charity Fraud, and Credit Card Deadbeats

May 23, 2009 40:36

Description:

It’s been a good week around here. We’ve been pretty busy with client and prospect meetings, but things are starting to calm down and get back to normal. I’ve received many interesting emails and articles over the past week, and I feel like some of them are definitively worth sharing with you.

Complete show notes are at http://www.moneyguy.com/2009/05/social-security-charity-fraud-and-credit-card-deadbeats 

DCA: Maybe the Most Important Investment Decision You Will Ever Make

May 14, 2009 31:17

Description:

So once again this week's show topic was inspired by real life events. You would have to be living under a rock to not notice the gains we have been experiencing in the stock market over the past few weeks. But is it real?

Complete show notes and more information can be found in our show notes at http://www.moneyguy.com/2009/05/dca-maybe-the-most-important-investment-decision-you-will-ever-make 

Is Now the Time to be Taking Risks?

Apr 30, 2009 49:54

Description:

Even though the economy has shown some signs of life over the last month and a half, I feel it is safe to say we are still in or around the low-point of the economic cycle, the trough if you will. Many individuals are feeling that because things have gotten so bad, now may be a good time to 'start over'. This starting over can mean many different things for many different people.

Check out the extensive show notes at http://www.moneyguy.com/2009/04/is-now-the-time-to-be-taking-risks 

How to Build Your Credit

Apr 21, 2009 30:22

Description:

As many of you are aware, I have been harping on how low mortgage rates have been over the past few months and how much of an opportunity we all have to lock in a long-term low interest rate right now.

So let us assume you have decided to heed my advice, gotten all of your ducks in a row, and have gone to the bank or mortgage lender to negotiate a refinance. BAM! They offer you a refinance somewhere between 5.5% and 6.5%. But, but, but....

Brian, I thought you said mortgage rates were around 4.5% to 5%?

For more of this story, go to http://www.moneyguy.com/2009/04/how-to-build-your-credit-score 

Mutual Fund Screeners

Apr 5, 2009 30:03

Description:

So here you are. You have been listening to the show for a while. You understand efficient markets. You understand asset allocation. You even understand equity-risk premium and risk/reward trade-off. Now, how do you implement? This is a problem I see all too often. Many individuals possess the knowledge and understanding of the financial marketplace, but have no idea how to put it into practice. So what is next step in developing a portfolio to assist you in reaching your long-term goals? Selecting the assets to use.

More information at http://www.moneyguy.com/2009/04/mutual-fund-screeners 

Stewart vs. Cramer and Real Estate Update

Mar 20, 2009 22:59

Description:

You couldn't turn to a major network or listen to a major broadcast in the past week without hearing about the ongoing feud between the Daily Show's Jon Stewart and Mad Money's Jim Cramer. Due to all of the media attention, and considering that there were some very good points made, I felt like I would use this opportunity to share some of my opinions and insights on the matter. If you haven't had a chance to watch the interview in full yet, please do.

Buyer Protection, Listener Emails, and Economic Research

Mar 6, 2009 46:59

Description:

In trying times, it isn't enough to just be an intelligent investor. To truly get your financial house in order, you must also be a good consumer. It is so important today to make sure you can stretch your dollars as far as possible. This doesn't just mean seeking out great deals, but it also means protecting your purchases. In the show today, I share a story that has recently happened with my associate Bo and his encounter with an Ebay purchase, as well as my father-in-law's flat-screen woes.

529 College Savings and ‘The 2009 Stimulus’

Feb 21, 2009 55:38

Description:

Today’s show is brimming with information. In the first half of the show, I share a research study done by Consumer Reports in their Consumer Reports Money Adviser. In the report, they compare some of the best and the worst 529 college savings plans around the nation. I then go on to discuss the 2009 […]

Money Guy Q and A… Year of the ‘Re’ Take 2

Feb 6, 2009 01:09:43

Description:

Today’s show is a hodge-podge of information. You guys have been instrumental in providing me with great feedback as well as some very good questions, so today I felt the need to let you all know that I am reading your emails and I do appreciate your input. As you listen, I will share some […]

Full show notes at http://www.moneyguy.com/2009/02/money-guy-q-a 

Bringin’ Simple Back

Jan 24, 2009 38:59

Description:

That’s right. We’re bringin’ simple back. 2008 provided us with a wonderful opportunity to step back and ask, ‘what in the world are we doing?’ If you were an adult and had a pulse over the last decade, it would have been impossible to not notice all the complexity in the financial markets.

I’m not just talking about the stock market. I am alluding to every aspect of your financial life. So often individuals feel like to make money or be successful, it has to be a very intricate and complicated process and only the super intelligent can achieve it.

We were all tempted to invest in things we didn’t understand, buy products we couldn’t comprehend, and implement strategies that made our heads spin. 

In today’s show I walk through a few areas where simple is not a bad thing.

For more, visit the show notes on our site at http://www.moneyguy.com/2009/01/bringin-simple-back 

Year of the ‘Re’ – Refinance and Rebalance

Jan 17, 2009 35:12

Description:

Well, so far the beginning of 2009 has felt quite similar to the last part of 2008. That, however, does not mean that there aren’t opportunities out there for us to take advantage of. Two common questions I’ve been getting from you are ‘should i still do this whole re-balancing thing?’ and ‘what do I […]
Read more at http://www.moneyguy.com/2009/01/year-of-the-re-refinance-and-rebalance 

Protecting Yourself From Fraud

Jan 9, 2009 44:48

Description:

As if the financial markets weren’t scary enough in 2008, here comes the story of a snake who decided to take advantage of people and subsequently make millions and millions of dollars doing it. Bernard Madoff, ole’ Uncle Bernie, created one of the largest Ponzi schemes ever. Basically, a Ponzi scheme is one in which […]

Read more at http://www.moneyguy.com/2009/01/protecting-yourself-from-fraud 

Closing Out 2008 with a Challenge and Books

Dec 17, 2008 38:23

Description:

A 2009 Challenge: 2008 is coming to a close and this is the time of the year where we start planning those Resolutions on how we are going to make 2009 better than 2008.  Below I have provided a few thoughts and links: If you are Unhappy… Make a Change If you are not happy […]


Read more at http://www.moneyguy.com/2008/12/lazy-investing-can-be-good-investing-update 

Unusual Times require Creative Solutions

Nov 22, 2008 32:17

Description:

Next week is Thanksgiving.  Thanksgiving is a great time to catch-up with friends and family, but I am worried that this year’s big point of discussion is going to be the economy and the stock market.  In this volatile time I wanted to provide you with some objective and analytical data that will help you […]

Read more at http://www.moneyguy.com/2008/11/unusual-times-require-creative-solutions 

little money = BIG DEALS!

Nov 15, 2008 22:50

Description:

With all of the doom and gloom in the financial markets right now, surely you are asking: why in the world would I be talking about spending money? Especially when shows over the past few weeks have been concerned with ways to save money! Even bad situations can have a good side.  In this economy […]


Read more at http://www.moneyguy.com/2008/11/how-to-spend-a-little-money 

Life Insurance 101

Nov 6, 2008 30:39

Description:

Life insurance is one of the most controversial and, in my opinion, convoluted personal finance topics today. Even once you get past the eternal debate of term vs. permanent life insurance, then you must move on to determining how much life insurance you need, what method do you use to calculate that amount, and who […]

Read more at http://www.moneyguy.com/2008/11/unusual-times-require-creative-solutions 

Time to Buy? Buffett vs Cramer

Oct 25, 2008 34:25

Description:

We have been riding this wave of volatility long enough that 7%-9% market swings do not have the same shock and awe impact they had a few weeks ago.  This acceptance of the wild swings has provided me with an opportunity to step away from the initial emotional feelings that came from this roller coaster…. […]


Read more at http://www.moneyguy.com/2008/10/time-to-buy-buffett-vs-cramer 

Thanksgiving is Around the Corner: Time to Harvest

Oct 16, 2008 48:14

Description:

Last show we talked about the silver lining of a financial crisis. This week I talk about the special opportunities that these down markets can offer. More specifically, if you did not catch it from the title of this post, I am talking about harvesting tax losses. More than likely, and probably by no fault […]

Read the rest at http://www.moneyguy.com/2008/10/thanksgiving-around-the-corner-time-to-harvest 

The Silver Lining of a Financial Crisis

Oct 2, 2008 29:26

Description:

What a week! Actually, what a past couple of weeks! Obviously, it wouldn’t be too hard to harp on all of the bad stuff going on right now. So, instead of doing that, I would like to focus on some of the silver lining and maybe some of the positive things that could come out […]

Read more at http://www.moneyguy.com/2008/10/the-silver-lining-of-a-financial-crisis/

News Nightmares & Bank Debacles

Sep 17, 2008 35:43

Description:

So this is the question of the hour: What is going on? Or maybe the better question is: What got us into this mess? The real answer is a perfect storm with many moving parts acting together to drag down the financial markets. The more simple answer, although not necessarily the entire cause, is leveraged […]

Read more at http://www.moneyguy.com/2008/09/news-nightmares-bank-debacles 

Cheese Grits, College Savings, Black Holes, and HELOCs

Sep 10, 2008 29:19

Description:

For most parents, saving for their child’s education is always a priority. With the volatility and uncertainty in today’s market, it has become a priority that is not so easy to fund. Most would agree that a hundred dollars here or a hundred dollars there, while not providing a full ride, would definitely help out. […]

Read more http://www.moneyguy.com/2008/09/cheese-grits-and-college-savings-black-holes-and-helocs 

Tax Smart and Creative Ways to Better the World

Aug 28, 2008 28:12

Description:

In tight economic times charities are often hit with increasing needs from the individuals who require their services. To make matters worse, generous donors are struggling with their own financial issues resulting in less donations to their favorite charities. In times like this both donors and charitable organizations have to adapt and become more creative […] 


Read more at http://www.moneyguy.com/2008/08/tax-smart-and-creative-ways-to-better-the-world 

Fairy-Tale Foreclosure, How a Planner Works, and Dark Knight Review

Aug 13, 2008 25:36

Description:

Today’s show is a grab-bag of goodies. If you keep up with pop-culture, you’ve probably come across the show Extreme Makeover Home Edition. If you’re not familiar with this show, they select a family in need and makeover their home. One family they selected actually lived about fifteen minutes away from me, so when I […]

Read more http://www.moneyguy.com/2008/08/fairy-tale-foreclosure-how-a-planner-works-and-dark-knight-review 

Brian Preston’s Guide to Selecting Mutual Funds

Aug 1, 2008 27:14

Description:

The mutual fund universe is larger than ever and there are no signs of it slowing down. With more funds, more information, and easier access to this information, how can you go about selecting solid funds that are going to assist you in achieving your life goals? With help from InvestorWords and BusinessDictionary, let’s begin […]

Get more information at http://www.moneyguy.com/2008/07/selecting-mutual-fund 

Liz Weston – Loaded Celebrity Interview

Jul 23, 2008 34:36

Description:

We have a special treat for you on this installment of the Money Guy Show! I usually don’t have guests on the show, but today we’re fortunate to be joined by Liz Weston. As many of you will attest, Liz is an award-winning, nationally syndicated personal finance columnist with a unique gift for simplifying complex […]

Read more at http://www.moneyguy.com/2008/07/liz-weston-loaded-celebrity-interview 

Protecting Yourself: Banking System Under Stress

Jul 21, 2008 23:04

Description:

Our banking system’s clearly under a lot of stress at the moment. Coming off a decade of aggressive mortgage lending, the system’s troubles have been compounded by a sputtering economy and retreating stock market.

As an investor, you need to be smart about insulating yourself from the system’s problems. While I don’t want to be alarmist, a little effort now on your part could pay significant dividends down the road. If nothing else, you’ll sleep better with the knowledge that you’ve assessed your exposure and taken appropriate action.

For more, visit the show notes on our site at http://www.moneyguy.com/2008/07/protecting-yourself-u-s-banking-system-under-stress 

Navigating Stormy Economic Waters

Jul 11, 2008 30:07

Description:

Pick your economic worry — there’s more than enough to go around: mortgage crisis? faltering U.S. economy? government deficits? skyrocketing oil prices? geo-political instability? rising inflation rates? As a financial planner, I see and feel the anxiety that my clients are experiencing. For most, the anxiety peaks each quarter with the arrival of their once-welcomed, […]

Are Tax-Deferred Savings a Ticking Time Bomb?

Jun 26, 2008 27:26

Description:

"If Thomas Jefferson thought taxation without representation was bad, he should see how it is with representation." – Anonymous Deferring taxes has always been a bedrock principle of retirement planning. The logic is simple: why would anyone pay the government now when tax-deferred accounts allow you to delay your obligation for 15, 25, and maybe […]

Father’s Day 2008: Teaching Children About Money

Jun 20, 2008 23:28

Description:

"Any man can be a father, but it takes a special person to be a Dad." – Anonymous Since we celebrated Father’s Day this past weekend, I thought it’d be fun to discuss how parents can help their children grow up to be financially responsible adults. Building on the ideas of Clark Howard, Dave Ramsey, […]

Rethinking Life’s Necessities, Wants, and Wishes

Jun 11, 2008 23:27

Description:

I think a lot about our culture and how the virtues of frugality and simplicity seem to have been forgotten by many of us. As never before, the popular media show us how ultra-wealthy athletes, entertainers, and business titans live, travel, eat, and dress. Combined with easy credit and a "want-it-now" mindset, we’ve started to […]

William Shakespeare on Trust and Financial Planners

May 30, 2008 15:34

Description:

Professional financial planning is built on a foundation of trust. You entrust not just your money but also your hopes and dreams with an adviser and planner like me. Above all, you want your planner acting with your best interests at heart. And yet, Shakespeare’s famous advice — "Love all, trust a few" — rings […]

Dave Ramsey: Financial Planning Guru … or Charlatan?

May 20, 2008 33:21

Description:

Love him or not, Dave Ramsey is a financial planning phenomenon. Consider his popularity: Ramsey’s syndicated radio program, The Dave Ramsey Show, is heard on over 325 radio stations throughout the United States and Canada. Besides being a radio personality, he’s written almost 15 books, three of which have been on the New York Times […]

12 Investment Mistakes Couples Make

May 14, 2008 23:37

Description:

Through my years as a financial planner, I’ve worked with a lot of couples and, unfortunately, seen many of the same money mistakes over and over again. Disappointing, yes … but also a sign that good advice for couples could help many families dodge these common investing pitfalls. In a recent article on Bankrate.com, Dana […]

The Price of Security – Immediate Annuities

May 7, 2008 36:16

Description:

Money-Guy 05-05-2008 With recent stock market ups and downs, immediate annuities are attracting attention from people looking to shelter themselves from volatility. But do they make financial sense? If so, for whom and when? (An immediate annuity, you might recall, is an investment product that’s purchased with a single payment and begins to pay out […]

Finding a ‘Fiduciary’ Planner in a Sea of Snakes

Apr 30, 2008 34:27

Description:

Being a financial planner myself, I loved an article that The New York Times featured over the weekend, "Pick a Planner Who Can Spell ‘Fiduciary’". For those who don’t know me, let me assure you that while I might not be a great grammarian, I definitely know, understand, and can spell the word ‘fiduciary‘! 😉 […]

Dateline and Equity-Indexed Annuities

Apr 23, 2008 22:53

Description:

Chris Hansen from Dateline NBC devoted an entire hour on April 13, 2008 to the topic of equity-indexed annuities and the unscrupulous tactics sometimes used to sell them to seniors. (Recognize Hansen’s name? He’s best known for his work on the Dateline NBC television segment To Catch a Predator. These controversial investigations revolved around catching […]

An Inconvenient Truth (About Cash)

Apr 17, 2008 22:55

Description:

If I told you about a popular investment product that was yielding 40% less than it did last year, you’d probably think it was one of the great financial meltdowns of 2008. But, what if I also told you that investors seemed indifferent to this product’s decreased yield and were actually accelerating their rate of […]

Recession and the First Quarter 2008 – Avoiding Advisers Who Push Risky Products

Apr 9, 2008 32:45

Description:

I’m short on notes today, but heavy on great information in the audio of the show. I first provide my detailed perspective on the performance of the market in the first quarter of 2008. I then talk at length about staying focused on why you invested in the financial markets in the first place. If […]

Prioritize Retirement Savings and Where to Invest Cash

Apr 1, 2008 15:18

Description:

We’re currently in the final weeks of tax preparation season. As many of you know, I do just enough tax return preparation every year to make me wonder why I do taxes! Joking aside, I believe I’m a better adviser for my clients if I know how the tax code works. Still, it gets a […]

Auto Accidents – Dealing with Insurance Companies

Mar 25, 2008 18:37

Description:

After you’ve been in an auto accident, you count your ten fingers and ten toes. Then, the stress sets in that you will have to deal with an insurance company. Don’t worry! In today’s show, I’m going to give you some tips to navigate through the process and protect yourself financially. Before we get into […]

Fear, Financial Markets, and Your Money

Mar 19, 2008 41:52

Description:

I’m a day late with this post because I spent most of yesterday fielding concerned phone calls and writing a market update letter for my clients. It’s during these volatile times that good advisers prove their worth to clients, and as you can imagine it’s also a stressful time. With that said, I know that […]

Buffett Time – 2007 Annual Shareholders Letter

Mar 11, 2008 37:06

Description:

If you’ve reviewed the Money Guy site recently, you’ve probably noticed that we added a fun "widget" which rotates through some of Warren Buffett’s wiser observations about money, business, and life. Most of those quotes come directly from his annual letter to the shareholders of Berkshire Hathaway. Every February, I eagerly await its release because […]

$200 a Month with a Few Phone Calls

Mar 4, 2008 17:12

Description:

Money-Guy 03-03-2008 In this week’s show, I help you find $200 a month by just calling your "Ungrateful Providers". Now this does not mean that your auto or homeowner’s insurance agent is not appreciative of your relationship. It means that the insurance and utility industry are set up to take advantage of laziness. I am […]

Creating a Retirement Withdrawal Plan

Feb 26, 2008 25:26

Description:

I talk about the need to save for retirement all the time on the Money Guy Show. However, I have not done a show discussing what you can expect from these savings once you hit the retirement phase of your life. Before all of my young readers and listeners tune out or click to close […]

Time and Money: It can be your best friend

Feb 19, 2008 30:02

Description:

I was asked to write a guest post for fivecentnickel.com that will be posted while nickel is on vacation. I decided to base my post on the timeless advice of Warren Buffett and some of his most notable quotes. As I was researching the post I could not help but notice a trend in Buffett’s quotes: growing money takes time and patience.

Read more at http://www.moneyguy.com/2008/02/time-and-money-it-can-be-your-best-friend 

Should You Prepay Your Mortgage and Mutual Fund Opportunities

Feb 12, 2008 24:16

Description:

Have you ever wondered if you should prepay your mortgage? In today's show I give you the information to make an informed decision based upon your personal situation. We take into account the analytical side of the decision as well as the emotional relief that can come from being DEBT FREE….

Read more at http://www.moneyguy.com/2008/02/should-you-prepay-your-mortgage-and-mutual-fund-opportunities 

Nuts and Bolts of Obtaining a Mortgage and How to Cut Closing Costs

Feb 5, 2008 34:44

Description:

January is officially history and there was a tremendous amount of volatility. On today's show I share how you can turn the lemons of January into sweet lemonade that can provide complete peace of mind on one of your largest assets (your home).

For more information, visit the show notes at www.moneyguy.com/2008/02/nuts-and-bolts-of-obtaining-a-mortgage-and-how-to-cut-closing-costs

Stimulus Package, Tax Preparation Discussion, and IRA Rollovers

Jan 29, 2008 46:44

Description:

We are covering: Details of the Government’s bipartisan economic stimulus program “How to drive your tax preparer crazy” discussion with CPA, Brandon Verner Listener’s Question Answered: What to do with 401k accounts from prior jobs

Read more at http://moneyguy.com/2008/01/stimulus-package-tax-preparation-discussion-and-ira-rollovers  

Dealing with an Uncertain Market, US Credit under Fire, and What does $900 Gold Mean?

Jan 22, 2008 47:13

Description:

If you need proof that this broad sell-off is nothing new then read an article that I wrote back in October 2002. (click here for a copy) In the article I let readers know that diversification and not letting their emotions get the best of them is the secret to long-term investing.

Read more at http://www.moneyguy.com/2008/01/coping-with-an-uncertain-market-us-credit-under-fire-and-what-does-900-gold-mean 

2008 Financial Resolutions and How Not to Have a 1987 Portfolio

Jan 8, 2008 47:03

Description:

A new year can represent a fresh start for many. I know that many out there have made financial resolutions and I want to be a resource to help you reach that goal of financial independence. Let's talk about some of the big areas that may need attention:

Wills Life Insurance Beneficiary Designations on Life Insurance and Retirement Plans Asset Allocation

For more information, visit the show notes at www.moneyguy.com/2008/01/2008-financial-resolutions-and-how-not-to-have-a-1987-portfolio

Money and Your Brain, AMT Update

Dec 23, 2007 46:37

Description:

The emotions that your brain creates can lead to disaster if you do not know how to recognize where your decisions and actions are coming from (analytical side of the brain or emotional instinct to avoid risk).

Remember when you are wondering if the financial markets are going up or down the answer is always, “YES”

For more information, visit the show notes at http://www.moneyguy.com/2007/12/money-and-your-brain-amt-update

GA Education Update, Financial Leftovers, and Sex, Drugs & Hedge Funds?!

Dec 18, 2007 46:47

Description:

If you are a Georgia listener then Christmas has come early this year. As of December 11th the GA 529 plan has been drastically improved (probably because of the pressure of competition between the different 529 plans). The big improvements included:

** Georgia state income tax deduction update – For tax years beginning on or after January 1, 2007, contributions to an account are deductible up to $2,000 on behalf of any Beneficiary for Georgia income tax purposes. A Georgia taxpayer is not required to itemize his or her deductions to make this adjustment to income. Furthermore, there are no longer annual income limitations to claim this deduction.

For more information, visit the show notes at http://www.moneyguy.com/2007/12/ga-education-update-financial-leftovers-and-sex-drugs-hedge-funds/

Mortgage Plan Review, E-Commerce Booming, and Candidates Take on Social Security

Dec 10, 2007 45:55

Description:

Current events are impacting the world of personal finance and the financial markets. Many of you have asked me to provide more input on current financial events, and if you are one of those listeners you will get more than your fill with this show.

 

For more information, visit the show notes at http://www.moneyguy.com/2007/12/mortgage-plan-review-e-commerce-booming-and-candidates-take-on-social-security

The Economy, “Free” credit reports, and Improving Your 401k

Dec 4, 2007 47:28

Description:

The White House lowers ’08 economic forecast (click here for more information)

October foreclosure filings up 94% over last year (click here for more information)

I did not want you to think that I was only pulling out the bad news… I did want to give you a little ray of hope with this article:
Q3 economic growth fastest in four years, revision shows (click here for more information)

** "Free" credit reports **

Many of you have probably figured this out. It appears that the credit reporting companies have figured out how to squeeze a ton of profit out of consumers for something that is suppose to be "Free".

 

For more information, visit the show notes at http://www.moneyguy.com/2007/12/the-economy-free-credit-reports-and-improving-your-401k

Capital Gains, Mortgages, and Retire Early but Beware

Nov 20, 2007 47:29

Description:

 Capital Gains Looming Once Again by David Hoffman with Investment News… Investment News is an industry magazine that I get, but I think the information in the article is important because it ties to our discussion from last week about the level of distributions that many of us will recieve this year from our Mutual Funds.

What Kind of Loan Should You Get provided by SmartMoney.com… Many of you have asked me to share my insights on what type of loan you should get for your home.

For more information, visit the show notes at http://www.moneyguy.com/2007/11/capital-gains-mortgages-and-retire-early-but-beware

Year End Taxes & Investments, Auto Insurance Savings, & Variable Annuities

Nov 13, 2007 47:13

Description:

On today’s show we discuss:

1st Segment includes information on what you need to look at with your portfolio at year end.

** Harvesting Tax Losses
** Avoiding Year End Mutual Fund purchases until after you determine whether year end distributions have been made by the fund (could be as high as 10% in some popular funds this year).
** Charitable donation reminder

2nd Segment
Six Ways to Save on Auto Insurance by Stephanie AuWerter from SmartMoney Magazine

3rd Segment
What’s Wrong with Variable Annuities article publised on the SmartMoney.com website

 

For more information, visit the show notes at http://www.moneyguy.com/2007/11/year-taxes-investments-auto-insurance-savings-variable-annuities/

Great Personal Finance Advice, Are Credit Cards Evil, and the Wealth Spectrum

Nov 6, 2007 46:48

Description:

Defending credit card companies is hard to do because they do have quite a few practices that are down right sleazy (shrinking grace periods, escalating interest rate, holiday due dates, etc.), but if used properly they can be a helpful financial tool.

In this episode we share articles from the following:

"8 Experts Recall Their Best Personal Finance Advice" by Dana Dratch from bankrate.com

"Are Credit Cards Evil, or Just Dangerous?" by Liz Pulliam Weston from MSN Money

"Where Do You Stand in the Wealth Spectrum?" by Lee Eisenberg from Bankrate.com

"Dealing With a Disaster and Your Insurance Company" by Jennie L. Phipps with Bankrate.com/Yahoo Finance.

 

For links and more resources, visit our show notes at http://www.moneyguy.com/2007/11/great-personal-finance-advice-are-credit-cards-evil-and-the-wealth-spectrum

Roth 401k, Financial Records to Keep, and Social Security

Oct 30, 2007 47:30

Description:

"Should You Be Investing In the Roth 401(k)?" – I have received several emails from listeners asking questions about Roth 401k options at their workplace. I actually covered this topic in the first quarter issue of the "Wealth Report" newsletter. I am using that article in today’s show.

For more information, visit the show notes at http://www.moneyguy.com/2007/10/roth-401k-financial-records-to-keep-and-social-security

Pizza and Other Financial Leftovers

Oct 23, 2007 47:22

Description:

The Securities and Exchange Commission (SEC) called last week and let me know that they were stopping by our offices. As you can imagine, this is not my favorite kind of phone call. We had nothing to hide or worry about, but it’s still a stressful situation. In light of this visit I decided that this would be a great time for me to focus the show on a few "rainy day" articles I had put away to discuss.

For more information, visit the show notes at http://www.moneyguy.com/2007/10/financial-leftovers

College Planning & Savings

Oct 9, 2007 45:59

Description:

Points of Consideration for Education Planning
Many of you have written to ask that I provide some guidance on education planning and I have stayed away from the subject because education planning is one of those subjects that has a limited audience. I always try to do the Money Guy show with the understanding that we have listeners that are new to investing and personal financial planning as well as tried and true weathered investors that I can still enlighten from time to time with my insight.

For more information, visit the show notes at http://www.moneyguy.com/2007/10/college-planning-savings

Asset Allocation Basics

Oct 2, 2007 47:37

Description:

Terms needed to understand asset allocation:

Domestic Stocks = US Companies
Market Capitalization 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 (these are companies that you might have heard of like HR Block, but are not the size of the previous listed group.
Small Cap = US Companies with a Market Cap below $2 Billion. Probably not going to recognize the small company unless you specifically use their product or they are in your town.

For more terms, visit the show notes at http://www.moneyguy.com/2007/10/asset-allocation-basics

Mastering the World of Investing

Sep 25, 2007 46:41

Description:

Basic Definitions

Diversification: The idea of spreading out your money across many different types of investments.  Choosing to diversify your investment holdings reduces your risk tremendously.

Risk Tolerance: An investor’s ability to withstand losses caused by one or more of the different types of risk. This ability can be limited by your temperament as well as your time frame and financial circumstances.  For example, someone who is investing for a goal 10 to 20 years or more in the future generally has a higher risk tolerance and may feel more comfortable with riskier investments than a person whose investment goal is only 5 years away or less.

Bull Market...

For more information, visit the show notes at http://www.moneyguy.com/2007/09/mastering-the-world-of-investing

Retirement In Crisis – Update

Sep 18, 2007 47:46

Description:

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

 

For more information, visit the show notes at http://www.moneyguy.com/2007/09/retirement-in-crisis-update

Simple Advice for Your Finances

Sep 11, 2007 44:55

Description:

The most important concept that determines how financially successful an individual/family is going to be is:

* Deferred gratification
* The hardest part of financial independence is not the investing… it is the savings factor:
In today’s world it is getting harder to be a good disciplined financial household. There is so much outside influence and temptation that only the strongest make it (faking success).
**Credit Cards
** The desire to drive a new flashy car
** “Same as Cash” for everything including Furniture, Electronics, & Plastic Surgery

For more information, including How to Accumulate $1,000,000 by Age 65, visit the show notes at www.moneyguy.com/2007/09/simple-advice-for-your-finances

Financial Devastation Through Debt

Aug 28, 2007 45:32

Description:

I personally make use of both credit cards and the large sum of equity that I have in my personal residence. I responsibly pay my credit cards off each month, but thoroughly enjoy the $1,200 to $1,500 of annual rewards and cash back that I receive. I also use my home equity as a tool that allows me not to keep huge sums of cash sitting on the sidelines just in case I need money for an emergency. I want as much of my money working for me at all times, so that eventually my army of working dollars earns more than I can make with my back, hands, and brain. Let’s face it: Investment income that is automatic and pays your monthly bills can open your life to many more opportunities as well as complete financial independence.

However, I am quickly realizing that many have gone too far in the use of debt. Just as Alan Greenspan spoke of the late 90s equity markets with the words, irrational exuberance, I think that we can use the exact the same logic and apply it to the average person’s use of debt. Many have taken the tool of debt to levels that are now causing them to sink into financial ruin.

 

For more information, visit the show notes at http://www.moneyguy.com/2007/08/financial-devastation-through-debt

Act Rich and Protect Yourself from a Down Market

Aug 10, 2007 32:41

Description:

the benefits of using Long/Short Funds.

 

A long/short fund takes advantage of a technique that many hedge funds use that allows them to make money in both a rising and falling market. Long/short fund managers divide their funds’ assets into two types of positions (long and short holdings).

Long positions – meaning they buy stocks expecting that they will rise in value and can be sold at some point in the future at a gain (this is the traditional form of investing that most investors are use to… buy value priced stocks with the anticipation of selling for a gain)

For more information, visit the show notes at http://www.moneyguy.com/2007/08/act-rich-and-protect-yourself-from-a-down-market

Attn. Small Business Owners… A Legal Way to hide money from the Tax Man

Jul 28, 2007 28:05

Description:

I have spent the last two weeks preparing for the IRS. Unfortunately, I still do a small number of business tax returns (old habits are hard to get away from). One of my small business tax clients was selected for a full examination (Audit). I have over over 10 years of experience in completing tax returns, and this is the first business return that has been selected for an audit. I guess it was my turn to sit on the hot seat. We had the IRS agents here in the office on Wed. and then we met at the client’s business on Thursday for a site evaluation and Q&A session. I am elated that we made it through the audit without any problems and the client did not have to pay any additional taxes, but as you can imagine it has been a stress that has caused a few nights of restless sleep. I knew that we had nothing to hide, but you never know where there might be a difference of opinion on deductions.

 

For more information, visit the show notes at http://www.moneyguy.com/2007/07/attn-small-business-owners-a-legal-way-to-hide-money-from-the-tax-man

Are You On the Road to Wealth and Independence?

Jul 14, 2007 24:28

Description:

I’m a straight talker, so please don’t hate me for a harsh, but true statement: when people are falling short of their financial goals, it’s almost always because of their own actions and decisions.

Examples:

Putting off investing in your Roth IRA or maximizing your 401k at work (“I need the extra money to fake success for my friends and family”) Hating your boss and job, but doing nothing to change your situation (“I’m scared to try something new and the interviewing process for a new job is stressful”) Putting off the dream of being self employed (“Where will I get clients from and how do I get started?”) Renting your life and not having an ownership mentality (“I really like my low rent payments and driving a flashy car”) Taking foolish risks (“They’ll figure out Social Security’s problems by the time I retire”)

THE SECRET TO SUCCESS IS THROUGH DEFERRED GRATIFICATION AND TAKING THE ROAD LESS TRAVELED

 

For more information, visit the show notes at http://www.moneyguy.com/2007/07/are-you-on-the-road-to-wealth-and-independence

The 30 Minute Financial Plan

Jun 29, 2007 35:03

Description:

A quick review of your financial health is today’s topic.  I am taking a brief break from talking about investments.  Instead I am going to load you up with planning ideas and even tools that I use to keep my financial house in order.

Estate Planning & Risk Management (I know that it is dark to talk about death or other bad events that could occur in your life, but it is important to discuss).

Wills – If you have children you must have a Will.  Otherwise, you are leaving their future in the hands of the state.  I find it hard to believe that the state would be better at determining your families future instead of you.  DON’T PLAY WITH FIRE….. GET A WILL!!!

 

For more information, visit the show notes at http://www.moneyguy.com/2007/06/the-30-minute-financial-plan

How to Choose Mutual Funds

Jun 16, 2007 31:57

Description:

First you guys need to know my thoughts on what is known as Efficient Market Theory

Efficient Market – Since everyone has the same information about a stock, the price of a stock should reflect the knowledge and expectations of all investors. The bottom line is that an investor should not be able to beat the market since there is no way for him/her to know something about a stock that isn’t already reflected in the stock’s price.

I feel that this Theory holds true for Large Cap. US Companies. There are really only 1,000 Large Cap Companies (Cap Value > $10 Billion). Meanwhile there are pundits, analyst, and advisors like myself on every street corner to evaluate these 1,000 stocks. With the vast amounts of information and the speed that information now reaches us through the Internet, Cable Business Channels, AM Business Talk Radio how could you know anymore than anyone else?

For more information, visit the show notes at http://www.moneyguy.com/2007/06/how-to-choose-mutual-funds

 


For more information, visit http://www.moneyguy.com/2007/06/how-to-choose-mutual-funds 

Take 2 = When, Where, and How to Invest (Investing 101)

May 17, 2007 33:52

Description:

There are tons of podcasts out there that explain how to spend less than you make, and how credit card debt can drain financial freedom. How many actually have the training and know how to help you with the crucial portion of your extra cash flow and retirement funds? I would dare to say not many because most either do not know what to tell you or they are trying to sell you a product so they will never tell you (unless you invest $2k into their proprietary system). I am here to help by focusing the next few shows on investing.

Today is the first part of our investment series and we are getting back to the basics, but before I get into the details I wanted to mention an article I read this weekend:

 

 

For more information, visit the show notes at http://www.moneyguy.com/2007/05/when-where-and-how-to-invest-investing-101

Lazy Investing Can Be Good Investing

Apr 19, 2007 25:24

Description:

Tax Refund Challenge:

Now that you have filed your taxes it is time to evaluate where you are financially. Say what you will about filing tax returns they at least allow you to take inventory on how much you earned in 2006. I am always talking about saving for the future and making sure that you are locking away 15%-20% of your gross wages for the future. That is easy to say when you earn a good living, but I know from emails that I receive that many out there are struggling financially. The average refund was estimated to total $2,480 for 2006 up from $2,371 for 2005. I would challenge you to look at your return and if you are not happy with your income level do something about it. Success is easier than you think… You just have to believe and figure out where your passion is. Use the refund money as your initial savings for starting a business, or for going back to school. It is very fulfilling and can be financially rewarding to make a big change and have success that leads you to a better life.

 

For more information, visit the show notes at http://www.moneyguy.com/2007/04/lazy-investing-can-be-good-investing

Free Professional Advice and Research (My Little Blackbook)

Mar 24, 2007 25:17

Description:

The financial markets have been very choppy this quarter. We started off 2007 with day after day of the stock markets hitting new highs. Then one crazy Tuesday in February (27th to be exact) the bottom fell out of the market (I blame it on my producer Heidi; she was off that day spending time with her dentist and a root canal). Ever since it has been up and down to the point that many of you are wondering what in the world is going on.

On today’s show I am going to share with you the resources that help me determine what is going on in the financial world.

 

For more information, visit the show notes at http://www.moneyguy.com/2007/03/free-professional-advice-and-research-my-little-blackbook

Are 401k Fees Robbing you of your Retirement?

Mar 13, 2007 30:04

Description:

There is a storm of concern that has been building for quite some time, and it is finally getting the attention that it deserves…. 401K FEES:

 

CNNMoney.com “Lawmakers to take close look at hidden 401(k) fees”

US Deprtment of Labor “A Look at 401(k) Plan Fees”

MarketWatch “More fee disclosure could save 401(k) owners money, Congress told”

 

For more information, visit the show notes at http://www.moneyguy.com/2007/03/are-401k-fees-robbing-you-of-your-retirement

Objective Term Life Insurance Advice…No, really.

Feb 24, 2007 44:22

Description:

Term Life Insurance is appropriate for people who want life insurance only for a limited term, such as until your children are grown or you reach retirement age.

Term life insurance has become much more affordable in recent years due in part to the fact that people are living longer. A $500,000 term-life policy can now cost as little as $350 a year for 20 years, which is considerably cheaper in comparison to the more than $1,000 a year that it would have cost you in the early 1990s.

For more on Shopping for Insurance, visit the show notes at http://www.moneyguy.com/2007/02/objective-life-insurance-adviceno-really

Too scared to ask – Economic Indicators explained

Feb 10, 2007 30:36

Description:

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 figures and terms truly represent?

For more information, visit the show notes at http://www.moneyguy.com/2007/02/too-scared-to-ask-economic-indicators-explained

The ABCs of Asset Allocation

Jan 25, 2007 32:40

Description:

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 (these are companies that you might have heard of like HR Block, but are not the size of the previous listed group.
Small Cap = US Companies with a Market Cap below $2 Billion. Probably not going to recognize the small company unless you specifically use their product or they are in your town.

 

For more financial terms, visit the show notes at http://www.moneyguy.com/2007/01/the-abcs-of-asset-allocation

What to learn from 2006 and use in 2007

Jan 11, 2007 29:32

Description:

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 merge with other businesses, corporate profits were better than anticipated, unemployment was lower than expected, and interest rates came down.

* All of this was the perfect mix of optimism and lower inflationairy news that allowed patient long-term investors to be rewarded.

* Actual numbers for 2006 (with dividends reinvested):
S&P 500 Gained 16%
Dow Jones Industrial Average returned 19% (at an all time high)
NASDAQ was up 10% (still more than 50% below 2000 levels)

 

For more information, visit the show notes at http://www.moneyguy.com/2007/01/what-to-learn-from-2006-and-use-in-2007

Planning Well and Avoiding the Sharks

Dec 14, 2006 27:07

Description:

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 make more long-term money by being good to your clients.

For more, including The Five Signs of Bad Financial Advice by Suze Orman, visit the show notes at http://www.moneyguy.com/2006/12/planning-well-and-avoiding-the-sharks

Organizing Your Retirement Options

Nov 23, 2006 26:23

Description:

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 option should you use and in which order should they be funded?

For more information, visit the show notes at http://www.moneyguy.com/2006/11/organizing-your-retirement-options

Retirement in Crisis

Nov 11, 2006 32:24

Description:

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 show notes at http://www.moneyguy.com/2006/11/retirement-in-crisis/

Financial Advisor – 3rd Best Job in America?

Nov 2, 2006 36:05

Description:

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 to be very analytical (to the point that you are truly a numbers nerd), but somehow enjoy talking with and building relationships with others. Trust me there are not many of us out there; most are good at one but not both and that can lead to limited success.
* This is also one of those industries where you are not paid what you are truly worth for a number of years (3 years of experience required for CFP certification & 2 years of experience required for CPA).

 

For more information, visit the show notes at http://www.Money-Guy.com/financial-advisor-3rd-best-job-in-america

The Tax Smart Way to Better the World

Oct 21, 2006 35:20

Description:

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/

Market and Media Update, Oct 13, 2006

Oct 14, 2006 27:58

Description:

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

Lazy Investors Are the Wealthiest

Oct 5, 2006 48:06

Description:

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/ 

Market and Media Update (9/20/06)

Sep 21, 2006 30:45

Description:

Update on the Market and Media, September 20, 2006

What are you doing to become Wealthy? Rich and Happy?

Sep 14, 2006 25:51

Description:

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/

Market and Media Update, 9-8-06

Sep 9, 2006 16:50

Description:

Update on the markets and media, September 2006

Secrets of Real Estate Investing (“GRQ”)

Sep 2, 2006 33:55

Description:

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 […]

Market and Media Update, Money Guy Podcast 8-25-2006

Aug 26, 2006 09:34

Description:

Recap of the recent financial markets, August 2006

Conquering your 401k and other retirement accounts

Aug 22, 2006 43:21

Description:

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/

Listener Emails, Money-Guy Podcast 8-4-2006

Aug 5, 2006 36:36

Description:

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

Debt: The Darth Vader of Financial Planning Tools, Money-Guy Podcast 7-13-2006

Jul 14, 2006 38:32

Description:

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/

Your Credit (A Powerful Purchasing Force or Kryptonite), Money-Guy Podcast 6-29-2006

Jul 1, 2006 51:38

Description:

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/

The Volatility of Market Cycles (Are you scared?), Money-Guy Podcast 6-15-2006

Jun 17, 2006 39:31

Description:

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/

The Tax Increase Prevention and Reconciliation Act of 2005, Money-Guy Podcast 05-31-2006

Jun 1, 2006 43:58

Description:

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 

Deeper Into the World of Investing, Money-Guy Podcast 5-17-2006

May 18, 2006 47:56

Description:

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

The Importance of Wills and Estate Planning

May 6, 2006 36:19

Description:

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/

Winning the Car Buying Game!

Apr 20, 2006 40:16

Description:

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/

Choosing a Financial Professional, Money-Guy Podcast 4-5-2006

Apr 6, 2006 41:49

Description:

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/ 

March 15th, 2006 Podcast from the Money Guy, J. Brian Preston, CPA, CFP®, PFS

Mar 18, 2006 39:06

Description:

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 

February 27, 2006 Podcast from the Money Guy, J. Brian Preston, CPA, CFP®, PFS and Special Guest Co-host, Brandon Verner, CPA.

Feb 28, 2006 30:54

Description:

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 

February 13th, 2006 Podcast from the Money Guy, J. Brian Preston, CPA, CFP®, PFS

Feb 14, 2006 34:49

Description:

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 

The first Money Guy Podcast from January 30, 2006 with Brian Preston, CPA CFP® PFS

Jan 31, 2006 47:06

Description:

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