Insightful Principles

Thank you all for your support on this channel. Our host Kevin Jenkins has to put this channel on hold due to working in the financial industry. Insightful Principles will still be around as a channel, but he cannot create content moving forward due to conflicts of interest.Until the next time, stay curious, stay learning, and we will be back again sometime in the future. Take care! 

IN THIS ESPISODE, YOU'LL LEARN:01:54 - Understanding the US Debt Ceiling? 02:34 - History of debt ceiling changes?03:19 - What happens if the debt ceiling isn't raised? 05:27 - Where is the US National Debt at right now? 06:20 - What will be the result of the debt ceiling negotiations?  Kevin described the upcoming debt ceiling deadline on June 1st & the impacts of how it affects the economy. He went over the history of the changes with previous debt ceilings, as well as the ramifications of the debt ceiling not being raised. This episode details the importance of why Americans should be aware of the debt ceiling and how it can impact citizens when it comes to social security, pension payments, & Medicare. Sponsors:Buzzsprout, podcast hosting site:https://www.buzzsprout.com/?referrer_id=1305358Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin JenkinsResources around Debt Ceiling:Debt Limit | U.S. Department of the TreasuryWhen Is the Debt Ceiling Deadline and What Happens if the Limit Isn't Raised? - WSJU.S. National Debt Clock : Real Time (usdebtclock.org)#us #debt #ceiling 

IN THIS EPISODE, YOU'LL LEARN:02:10 - What is ChatGPT?07:10- What are the use cases for ChatGPT?07:30 - How ChatGPT improves customer support?08:05 - Using ChatGPT to create content? 09:41 - Virtual Teaching Assistants utilizing AI?11:49 - Developing legal documents with ChatGPT?12:56 - How ChatGPT enhances creative storytelling?14:40 - Financial Analysis with ChatGPT?17:44 - Will AI disrupt many industries?  Sponsors:Buzzsprout, podcast hosting site:https://www.buzzsprout.com/?referrer_id=1305358Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#chatgpt #aritificial #intelligence #tech

IN THIS EPISODE: YOU'LL LEARN: 07:01- Overcoming the fear of public speaking? 11:10 - Principles of engaging an audience? 23:25 - Strategies around becoming a better speaker?27:22 - David's journey with entrepreneurship?  34:45 - The art of storytelling?38:41 - Five Core Communication Skills?46:40 - Resources & tools for becoming an effective speaker? David Doerrier Outlets: Website: presentyourwaytosuccess.comEmail: David@pywtsuccess.comLinkedIn: David D. Doerrier Sponsors:Buzzsprout, podcast hosting site:https://www.buzzsprout.com/?referrer_id=1305358Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#public #speaking #storytelling #success

IN THIS EPISODE, YOU'LL LEARN:02:04 - The racial barriers among black entrepreneurs in America05:10 - Top Industries For Black Owned Businesses08:20 - States that have the highest rate of black ownership 12:15 - Funding challenges with access to capital 13:27 - Leveraging alternative financing sources & building relationships 17:07 - Focus around business education & mentorship programs In this episode, Kevin discussed the growth of black owned businesses in today's economy. While highlighting some of the largest black owned companies & exploring the states that have a higher rate of black ownership. Kevin went over the challenges most black businesses face when it comes to access the capital of starting and growing a successful business. We break down some strategies on how black entrepreneurs can overcome these challenges. From leveraging alternative financing sources to building relationships with financial institutions and investors, these are some of the topics discussed on the show. Sponsors:Buzzsprout, podcast hosting site:https://www.buzzsprout.com/?referrer_id=1305358Ledger, largest crypto hardware wallet:https://shop.ledger.com/?r=aa519baed9caITrust Capital:https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#black #history #month #entrepreneurship #business 

Carolina Luna is New York based Photographer and Personal Brand Expert who teaches entrepreneurs how to build authenticity, authority, and credibility online using strategic photos as a positioning tool. In this episode, Carolina shared the importance of being a conscious creator and building a personal brand for sustainable growth. You can check her out at www.carolinalunaphotography.comFollow on Instagram: @carolinaluna_brandphotographerContact: 631-834-4721Email: luna@carolinalunaphotography.comIN THIS EPISODE, YOU'LL LEARN:10:30-17:00 - Personal brand strategy for entrepreneurs17:00-21:45 - Questions to ask yourself when building a personal brand 21:45-27:47 - Challenges around building a personal brand in a business27:47-37:49 - Difference between photography & personal branding photography 37:49-41:38 - Creative process when helping clients 41:38-45:54 - Advice for those wanting to get into photography & brandingSponsors:Buzzsprout, podcast hosting site:https://www.buzzsprout.com/?referrer_id=1305358Ledger, largest crypto hardware wallet: https://shop.ledger.com/?r=aa519baed9caITrust Capital:https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#personal #brand #entreprenuership #value 

IN THIS EPISODE, YOU'LL LEARN:03:18 - The importance of diversification across all asset classes? 04:28 - Bullish case for hard assets (Gold & Silver)?07:35 - Top countries with the largest gold reserves? 13:10 - Investing in value sectors in the midst of a recession? 16:39- The potential growth of cybersecurity, robotics, & AI? Sponsors:Buzzsprout, podcast hosting site:https://www.buzzsprout.com/?referrer_id=1305358Ledger, largest crypto hardware wallet: https://shop.ledger.com/?r=aa519baed9caITrust Capital:https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#investing #portfolio #2023 Support the show

IN THIS EPISODE, YOU'LL LEARN 2:35 - Expectations For The Fed Raising Rates In 2023 5:40 - Global Central Bank's Interest Rate's 7:08 - Higher Inflation Across Other Countries 10:50 - 10 and 2-year Spread Signaling Recession  13:49 - BRICS Nations Working on New Reserve Currency 15:45 - Will Hard Asset's Become Prominent in a Monetary ResetSponsors:Buzzsprout, podcast hosting site:https://www.buzzsprout.com/?referrer_id=1305358Ledger, largest crypto hardware wallet: https://shop.ledger.com/?r=aa519baed9caITrust Capital:https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#global #macro #outlook #2023Support the show

IN THIS EPIDOSE YOU'LL LEARN:1:30 - Contribution changes for 2023 2:45 - Maximum limits with after tax dollars5:13 - Simple & Sep IRAs for small business owners 8:48 - Traditional & Roth IRA Phase Out11:05 - HSA limits for medical expenses13:10 - Social security benefits for retirees 14:45 - Strategies for contributions in 2023Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Calendly: https://calendly.com/insightfulprinciples/60minEmail: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#2023 #contribution #limits #retirementSupport the show

IN THIS EPISODE, YOU'LL LEARN1:12 - Where is the yield coming from with crypto exchanges?2:50 - Counter party risks with yield-based services?5:00 - Risks with exchanges creating their own tokens? 8:10 - The difference between centralized & decentralized exchanges?9:10 - What are the productive assets backing the yields? 10:00 - Chasing the yield leads to more speculative behavior among exchanges? 13:00 - How do identify a Ponzi Scheme with crypto exchanges?Resources: Crypto Ponzi Schemes: How to Identify and Protect Yourself From These Scams (coindesk.com)‘Proof of Reserves' Emerges as a Favored Way to Prevent Another FTX (coindesk.com)Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#yield #farming #risks #crypto Support the show

IN THIS EPISODE, YOU'LL LEARN: 2:16- Sentiment around crypto since the FTX collapse?4:51- Importance of decentralization?11:05- How important is self-custody?20:22- What makes a project valuable when evaluating an NFT?27:19- What are Decentralized Autonomous Organizations (DAO)?41:34- Will regulation lead people to using an CBDC's? 50:31- Outlook for 2023 This episode featured Rosco No E and we touch on the current state of the crypto market. As well some of the recent developments with FTX and how it is impacting the entire industry. Kevin & Rosco explain how the recent collapses & fall outs throughout the crypto market has showed why decentralization is important. They also highlighted the potential NFT's & the Metaverse can have within the real world. Rosco & Kevin also touched on what they expect for 2023 and how to stay prepared in a downward market. Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#bitcoin #ethereum #crypto #industry Support the show

IN THIS EPISODE, YOU'LL LEARN:5:49- How did FTX collapse? 10:58- First principles with Bitcoin?17:22- The difference between Bitcoin & crypto? 19:08- How the reach for yield creates an unsustainable monetary policy?  33:14- Sam-Bankman Fried connections with regulators?42:00- Binance, Coinbase, & Kraken doing proof of reserves?47:06- Crypto exchanges parallels to fractional reserve banking?52:40- What will happen to the crypto industry after FTX?1:00:11-Bitcoin is a commodity, crypto tokens are securities?Alex Cole was featured on this episode to break down the recent bankruptcy of FTX. The crypto contagion continues. So far this year we have seen the debacle of the Terra-Luna ecosystem, as well as bankruptcies among Celsius, Voyager, and now FTX. Solvency is being tested with many of these centralized crypto exchanges. The recent collapse of FTX has shown there was an obvious mismanagement of funds and didn't resemble any protocols around risk management. It also highlights the counter-party risk among crypto exchanges and why the motto is always "don't trust but verify". Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#ftx #contagion #bitcoin Support the show

IN THIS EPISODE, YOU'LL LEARN:2:00-Axel background coming from Europe to the U.S7:40- Purpose of creating an investing app?11:19- Top 5 reasons why American's haven't invested in stock market?17:28- How "Wizest" works?23:49-Different investment strategies on "Wizest" platform31:45-The process of building an FinTech company?45:00- Learning more about "Wizest" & connecting with AxelAxel Thibon is the founder & CEO of "Wizest". Axel started "Wizest" by bringing together the co-founding team around a clear vision and mission: building a solution that makes investing more approachable, collaborative and transparent. After an early career in France and Spain as an industrial engineer working mainly in the automotive industry, Axel came to the US to get his MBA from MIT. He then started his finance journey, serving as the head of strategy and transformation for two banks. Where he led in areas such as strategic and commercial planning, as well as product development and marketing. During this time, he managed an online bank, VirtualBank, and, before starting "Wizest", launched another online bank from scratch, known as TotalDirectBank.In today's conversation, Kevin and Axel touch on the importance of planning for the long term and the necessity of having a team of advisors around you to make smart decisions in the market.  Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#financial #technology #fintechSupport the show

IN THIS EPISODE, YOU'LL LEARN:2:27-The U.S Dollar function as a global reserve currency?2:41-The Bretton Woods Agreement of 1944? 3:08- The impact of the dollar being off a gold standard? 5:01- Dollar market size amongst global currencies? 6:06- Challenges to the U.S Dollar's Global Role?Kevin explained the U.S Dollar Dominance compared to most global currencies. The U.S Dollar has developed a reputation of being a global reserve currency. Many countries rely on it for global trade & settling financial transactions. Kevin discuss how most foreign exchange reserves are held in dollars with central banks around the world. The U.S Dollar is also issued as debt where many countries have to pay back those debts in dollars. How long can the dollar remain as a global reserve currency? Could China be the next powerhouse? How will the BRIC'S Nations compete with the dollar within the future? All of this and more was explained throughout today's episode. Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins#global #reserve #currency #insightful #principlesSupport the show

IN THIS EPISODE, YOU'LL LEARN 2:15-US Dollar Strength Compared To Other Currencies3:09-How a stronger dollar creates inflation abroad? 4:00-Interest Rate Hikes Impacting Sovereign Debt?6:55-US Dollar As a Global Reserve Currency?7:55-Commodity Inflation Leading to Higher Cost of Living8:55- Will the strength of the dollar continue?Kevin detailed how a strong US dollar impacts the world. The dollar is experiencing 20-year high's due to aggressive monetary policies compared to international countries. Throughout 2022, the euro fell below the dollar for the first time since 2022, the Japanese Yen is seeing 24-year low's & have been doing yield curve control. Where they will sell dollar's and buy yen. The British pound fell below the dollar for the first time since 1985. Kevin describes some of the challenges of a strong dollar and how it makes imports more expensive for American goods. As the currency here continues to increase, other countries will see price differences with commodities. Such as wheat, metals or even oil. Will the dollar strength continue to last? What does it mean for investors? As always don't forget to rate this podcast, leave a review, & share with family and friends. Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins #strong #us #dollar #global #economySupport the show

IN THIS EPISODE, YOU'LL LEARN4:18-Deepa journey with real estate investing10:08-What is syndication with real estate?12:47- Understanding the responsibilities of a limited & general partner?16:17- The value of self-education & finding an investment vehicle?  27:25- Risk & due diligence when finding a syndicated deal?47:30- Offsetting passive income against passive lossesDISCLAIMER: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. The information we provide, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance and be comfortable with making a specific investment decision.Deepa shared her years of experience as a multifamily syndicator based in the Seattle WA area. She owns over 2300 apartment units as a limited and general partner. Deepa shared her process on how she was able to get started in real estate as a passive investor and why syndication can be a great strategy to finding an investment vehicle.Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins #multifamily #real #estate #syndicationSupport the show

IN THIS EPISODE, YOU'LL LEARN2:55-What are the three types of inflation? 4:08- Milton Friedman idea's around monetary inflation?6:00- Germany Hyperinflation in 1923?10:03- Effects of money printing in 2009 & 2020 with the U.S?  11:06- What has led to inflation today in 2022? Kevin described how inflation is a rise in prices with goods and services, as well as asset prices with stocks, bonds, crypto, real estate etc. Often times inflation could be the result of expansion with the money supply. This podcast explains the relationship between the U.S money supply and how it effects inflation.Milton Friedman once said, "inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in the output". Kevin detailed this concept throughout this episode and pulled historical examples of when money printing led to more inflation in the economy. Please rate, leave a review, and share! Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins #monetary #inflation #macro #economics #insightful #principlesSupport the show

IN THIS EPISODE, YOU'LL LEARN2:26-Will there be a Global Recession in 2023?3:11-Trouble with U.K pension funds11:58-U.S Deficit since 2001 12:50-What is the Total Debt to GDP?14:17-Will the Debt Spiral Continue? 15:15-How much National Debt does the U.S have? 19:00-The importance of hard assets Kevin talked on Stanley Druckenmiller recent interview on CNBC regarding a possible global recession in 2023.Some of the themes were how the interest expense on the debt is becoming increasingly high. Druckenmiller highlighted how the expense will eat up healthcare spending by 2027, discretionary spending by 2047, & social security by 2049.Kevin also detailed some graphs around the U.S deficit, the total debt to GDP, & the overall debt spiral. Please rate, leave a review, & share. Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins #sovereign #debt #crisis #insightful #principlesSupport the show

IN THIS EPISODE, YOU'LL LEARN:2:25-What is Fractional Reserve Banking?3:03-How much does a bank keep in reserves & lend?3:36- How the Federal Reserve impacts economic activity6:26-Challenges with fractional reserve systemKevin discussed the system of fractional reserve banking. He also detailed how reserve requirements work in the banking world and how it's a monetary tool the Federal Reserve will use.Kevin explained what reserve requirements are and how all banks have a certain percentage of reserves that have to keep on hand. As well as how lending and credit is utilize to create more funds for the economy.He explain the challenges of this system and why it's an accepted practice amongst most banks throughout the world. Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#fractional #reserve #banking #insightful #principlesSupport the show

IN THIS EPISODE, YOU'LL LEARN:00:00-03:45 Risk Management Strategies? 03:45-07:28 Risk & Return?  07:28-11:37 What is the Relative Strength Index (RSI)?11:37-13:24 Utilizing Support & Resistance 13:24-19:18 Identifying patterns, trends, & momentum within market Kevin described some common risk management strategies you can use within your portfolio. Risk management is an important component to managing capital & losses within the market. It comes down to minimizing losses and & taking the small wins. Warren Buffet once said Rule #1 is never lose money, rule #2 is don't forget rule #1. We understand that losses come with investing but the best investors are the ones that know to manage their capital & risk of loss. Kevin detailed indicator's such as the Relative Strength Index (RSI) and the MACD to highlight how to identify trends and patterns throughout the market. Proper risk management set's you up for further opportunities in the market, the question you should ask yourself is how are your preparing for the next opportunity? Please rate, leave a review & share. Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#risk #capital #management #investing #insightful #principlesSupport the show

IN THIS EPISODE, YOU'LL LEARN:00:00-03:43   What is the Fiat Standard?03:43-06:48  The Monetization of Debt?06:48-07:17 How Bitcoin Fixes the Fiat System? 07:17-10:04 How Sophisticated The Dollar System Is?10:04-17:02 Event's In History That Led To The Fiat Standard?This episode breaks down Saifedean Ammous book "The Fiat Standard". It examines the operation and creation of the fiat monetary system. Kevin explains how the author made many references compared to the Bitcoin Network. Like "Fiat Mining" and "Fiat Protocol". Saifedean does a great job explaining some of the use cases for Fiat & how Bitcoin can co-exist in a credit based society. Kevin provides a list of event's that led to the dollar being taking off the gold standard in 1971. He also highlights why a fiat system promotes the monetization of debt & why savings is not encourage throughout the U.S. Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkinsSupport the show

IN THIS EPISODE, YOU'LL LEARN:3:30-The impact of Terra Luna on the crypto market? 10:33-Overleverage with Three Arrows Capital?16:33-Insolvency with centralized exchanges?18:40 Reasons for self-custody in crypto?24:37- Will Voyager & Celsius pay back their creditor's?28:45- The value of the Bitcoin Network? 36:49 Increase in global energy prices impacting Bitcoin Mining?1:06:40 Proof of Work vs. Proof of Stake?This episode featured Alex Cole. Kevin & Alex talked on the future of Bitcoin and why recent event's highlight the importance of decentralization. The various different insolvency cases with Terra-Luna, Three Arrows Capital, Voyager, & Celsius showed some of the challenges with overleverage & participating in risky protocols. These events this year also state the risks with centralization & why Bitcoin has more validation than any other crypto asset. Kevin & Alex also gave their thoughts on the upcoming merge with Ethereum on September 14th, 2022. Please rate, leave a review, & share! Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#bitcoin #crypto #decentralized #insightful #principlesSupport the show

IN THIS EPISODE, YOU'LL LEARN:1:25-Contribution types impacting your retirement picture?3:37-Tax implications for pre-tax accounts?6:37-The value of roth contributions?9:15- Diversifying with pre-tax & roth contributions11:25-After-Tax Earnings & Contributions13:12-Looking at your tax bracket to determine contributionsKevin explained the 3 different ways you can contribute into an 401k plan. Those are pre-tax, after-tax, & roth. Identifying how you contribute into your 401k plan will ultimately determine how your 401k will be taxed in retirement. What is the tax bracket you're currently in now? What tax bracket will you be in during retirement? How are you contributing into your 401k now? What are you financial goals for retirement? These are some questions to help guide you on your contribution choices. Please rate, leave a review, and share this podcast. Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#401k #retirement #contributions #insightful #principlesSupport the show

IN THIS EPISODE, YOU'LL LEARN1:41- Student Loan Forgiveness Program Guidelines 2:15- What to do if you have private loans?2:48- Eligibility and options available if the relief program doesn't apply to you?3:40- Extension of pause for the repayment of federal loans?4:07- Cutting monthly payments in half for undergraduate loans?4:30- Changes to the Public Self Loan Forgiveness Program?6:25- Increasing the amount of Pell Grant Recipients?8:35- Obtaining a degree that will give you an ROI?11:13- The responsibility is on us, not the government? Kevin explained Biden's plan for the Student Loan Forgiveness Program. He went over the guidelines for the program and eligibility process to receive some debt relief on your students loans. Kevin provided options for those that have private loans and are in a high income household that may need be able to get this relief. There is a three step plan that will be designed to help low income and middle income families pay back their loans. Overall, Kevin expressed his opinion on the student loan bubble and some solutions to help bring the debt down over time. Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#biden #student #loans #forgiveness #planSupport the show

IN THIS EPISODE, YOU'LL LEARN1:18 - 3 Personal Finance Book's That Will Change Your Thinking 2:15 - Defining being wealthy vs. being rich2:50 - Using the brain to make smarter financial decisions04:58 - Reducing your exposure to losses in your portfolio 09:36 - The difference between getting money vs. keeping money13:01 - The value of paying yourself first.In this episode Kevin broke down three books that have fundamentally change the trajectory of his life. The books highlighted were The Geometry of Wealth by Brain Portnoy, The Psychology of Money by Morgan Housel, & Millionaire Next Door by Thomas J. Stanley. Please rate, leave a review, & share.  Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#personal #finance #reads #insightful #principlesSupport the show

IN THIS EPISODE, YOU'LL LEARN:2:03- What is an Roth IRA & Why is it valuable to you? 2:49- Requirements for qualified withdrawals3:48- Buy and hold strategy6:58- Index fund's that mirror the total stock market 10:22- Importance of diversificationKevin explain some strategies around investing in an Roth IRA for beginner's and how it may be beneficial for you. He also explain the tax advantages of investing in an Roth compared to other retirement accounts. As well as some index funds that will start your journey today when investing in an Roth IRA. Please rate, leave a review, and share!Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#roth #ira #retirement #insightful #principlesSupport the show

Table of Contents:00:00-01:17 ITrust Capital (Opening Crypto IRA) 00:17-02:20 The $100 Trillion Dollar Global Economy 02:20-04:08  Largest Economies In The World 04:08-04:16 China's GDP To Surpass U.S By 203004:16-04:47 China Largest Exporter In The World 04:47-05:09 U.S Largest Importer In The World05:09-06:28   Buzzsprout  (Starting A Podcast)06:28-08:09  List of U.S Import's    08:09-08:55 Nations Ruling for 250 years08:55-10:15 Current Macro Environment 10:15-11:18  Ledger (Crypto Hardware Wallet)11:18-12:53 Closing Kevin described the $100 Trillion Dollar Global Economy by Visual Capitalist. He broke down some of the largest economies throughout the world and how there will be an milestone at the end of 2022 from an economic output standpoint. Despite stagflation & tightening from our monetary system, many countries gross domestic product (GDP) will increase by the end of the year. Kevin also explain how China's GDP will eventually surpass the U.S by 2030. He described the reasons for this and why China is the largest exporter in the world, while the U.S is the largest importer. Which means China tends to produce a majority of their products and outsource them to other countries. Where the U.S relies on the production from other countries. Lastly, Kevin express his take on the current macro environment and how China can potentially be the next powerhouse economically if things continue the way they are now. Please rate this podcast, leave a review, and share! Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#trillion #dollar #global #economy #insightful #principlesSupport the show

Chapter Titles:00:00-00:55 What's the pulse on the market?00:55-02:15 July CPI Reports02:15-04:17 Where is inflation & where it isn't?04:17-5:09 Producer prices decreasing05:09-06:11 Alternative inflation charts06:11-8:00 Reduced Rate Hikes 8:00-12:56 Treasury Yield Spreads that signal recessions?12:56-17:30 What does the Fed Funds & Policy Rate mean for investors?What is the current inflation reports for July 2022? Are consumer & producer prices starting to slow down? Are we in a recession or moving towards one? How will the Fed respond to the most recent Consumer Price Index (CPI) & Producer Price Index (PPI) reports. What's going on with the inversions on the treasury yield spreads? Kevin touched on all of these areas and described how this is impacting the U.S on a macroeconomic scale. He explained some of the notable increases within the CPI, which was food at home, gas, transportation, airfares, & household energy. He also went over the expected rate hikes for the remainder of the year and if a pivot is on the table for the Federal Reserve in the fall of 2022. Lastly, Kevin reviewed the inversions with the 10- and 2-year Treasury Yields. As well as the 10-year treasury and the 3 month note. He provided some context on what the Fed Funds Rate & the policy rate means for investors and why it's an important indicator to pay attention to.Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & Tik Tok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#macro #economics #update #insightful #principlesSupport the show

00:00-01:18 iTrust Capital (Opening Crypto IRA)01:18-02:13 How to balance emotions when investing? 02:13-05:33 Women Being Better Traders Compared To Men 05:33-06:52  Buzzsprout (Starting A Podcast)06:52-09:21 Make Fewer Decisions09:21-10:07 Stick To Financial Plan10:07-10:57 Document Your Research Process10:57-12:00 Ledger (Crypto Hardware Wallet)12:00-13:02 Understanding expectations 13:02-14:16 Fail Fast & OftenIn this episode, Kevin detailed how to balance emotions when investing. Often times the market can cause us all to make irrational decisions and become more reactive to the fluctuation's day to day. The best thing any investor can do is stay calm, patient, & discipline.Kevin highlighted how women tend to be better traders than men because they are more cautious, and they tend to utilize different strategies with their investing approach. Like having bigger stop losses and holding their shares of companies longer.  He also explained some tips on removing emotions when investing. Like making fewer decisions, sticking to a financial plan, documenting your research process, and failing often by learning from your mistakes.These strategies can be helpful when dealing with volatile and uncertain markets in today's economy. Please rate, leave a review, and share this podcast!Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#emotions #balance #investing #insightful #principlesSupport the show

Chapter Titles:00:00-01:18 iTrust Capital (Open A Crypto IRA)01:18-04:45 How To Win Friends & Influence People- Dale Carnegie 04:45-06:04 Buzzsprout (Start a Podcast) 06:04-06:43 Summary of Dale Carnegie Book 06:43-08:45 Quirky (Genius of Breakthrough Innovators Who Changed The World)- Melissa A. Schilling 08:45-09:50 Ledger (Safely Secure Your Crypto Assets) 09:50-11:40 Summary of Quirky 11:40-14:25 Cashflow Quadrant- Robert Kiyosaki In this podcast, Kevin detailed 3 books every entrepreneur should read. How to Win Friends & Influence People by Dale Carnegie shows how to interact with people in business. Entrepreneurship is a people business and if you can learn how to deal with people's emotions and their behavior's, you will be able to tailor your product or service around the best interest of your client. The next book mentioned was Quirky by Melissa A. Schilling. This one explains the remarkable story of the traits, foibles, and genius of breakthrough innovators who changed the world. The stories highlighted were Elon Musk, Nikola Tesla, Steve Jobs, Albert Einstein, Benjamin Franklin, Marie Curie, Thomas Edison, & Dean Kamen. The third book and a notable favorite is the Cash Flow Quadrant by Robert Kiyosaki. The concept of the book is 4 different ways to produce income. Those are an employee, self-employed, business owner, & investor. A majority of the population are employee's & self-employed, they have no leverage. They exchange their time for money. The business owners & investors have leverage. They have a system in place and their money works for them. These books are helpful for setting the foundation when it comes to your entrepreneurial journey!Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#insightful #principles #books #business #entrepreneur Support the show

Chapter Titles:00:00-02:13 Intro02:13-03:11 What are the different phases of an economic cycle?03:11-03:41   Expansionary Period03:41-04:26    Peak Period 04:26-06:57 Recessionary Period06:57- 07:25 Depression Period07:25-08:06 Trough (Lowest Point In Cycle)08:06- 11:21 Recovery Stage  11:21-12:57 Are we in a contracting cycle?When looking at economic cycles within the economy. There are typically 6 cycles. The factors that impact where we are in the market cycle is the gross domestic product (GDP), interest rates, total employment, and consumer spending. The 1st stage is the expansionary period. This is when the economy has increasing economic growth, personal income, and demand.The 2nd stage is the peak period. Economic growth reaches a saturation point and it usually is a reversal point for the market. The 3rd stage is the recessionary period, which is a point where economic growth goes down, unemployment may be inflated, and consumer confident is weary. Whereas a depressionary period, growth continues to decline, and more people are out of work. Demand also decreases as well. The 5th stage is a trough where is the lowest point in the economic cycle. Lastly the recovery stage is when the economy starts to bounce back. These market cycles help investors help investors navigate the circumstances we foresee within the economy.Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#stages #economic #cycle #insightful #principlesSupport the show

Chapter Titles: 00:00-00:27 Intro00:27-01:45 iTrust Capital Sponsorship   01:45-02:28 Developing An Investment Strategy 02:28-03:38 What is Your Financial Profile?03:38-04:18 Decide on Your Targeted Asset Allocation?04:18-06:25 What is Your Desire Investment Mix?06:25-07:45  Buzzsprout Sponsorship07:45-10:54 Historical Returns of Asset Mixes 10:54-11:42 Choose Investment Selections 11:42-12:46 Ledger Sponsorship12:46-14:55 Index Fund Investing14:55-15:57 Closing When developing an investment strategy. There really 4 critical components. The first is understanding your financial profile. When would you like to retire? What investment risk are you willing to take? How long do you plan to invest into the market until you'll need access to the funds? Who else is in your retirement picture? What are some financial goals or needs you're planning around currently? Ask yourself these questions before building out your investing strategy. The next step is deciding on your targeted asset allocation. Do you want to invest 80% of your portfolio in stocks and 20% in bonds? Are you more conservative and want to place more bonds in your portfolio than stocks? Are you wanting some crypto exposure and would like to allocate a portion of your portfolio into that asset class? Have a target and stick to it.The 3rd step is understanding what investment mix fits you. For someone that's much younger, they may have more risk in their portfolio because they have time in the market for it to recover over time. An investor that's close to retirement, may need less risk and prefer investments that are more stable. Your investment mix is going to be predicated on your time horizon and how soon you will need access to your investments down the line.The last step is choosing you investment selections. Index & mutual funds are a great way to get started. Focus on investing in different sectors, indexes, & international markets that will grow over the long term. Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#create #investing #strategy #insightful #principlesSupport the show

Chapter Titles: 00:00-02:04 Intro  02:04-04:50 June CPI Report  04:50-05:31 Inflation is a lagging indicator 05:31-06:22 Analyzing leading & lagging indicator's 06:22-09:29 What is Stagflation? 09:29-11:17 100 Basis Point Rate Hike?11:17-12:50 Euro falling below the Dollar  12:50-13:20 Will Europe go into a recession before the U.S?13:20-14:08 Global Inflation Rates14:08-18:30 University of Michigan Consumer Sentiment Survey18:30-19:46 Reduction in Consumer SpendingSponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Kevin highlighted the June 2022 CPI Report which was released July 13th, 2022. Some of the notable increase that led to a 9.1% print was food, gas, and shelter. Food at home was reported at 12.2%, Gasoline at 59.9%, & Shelter at 5.6%. Some of the declines in CPI was poultry, meats, eggs, and airline fares. Is Stagflation a possibility throughout the year? So far inflation has ranged from 7.5-9.1% since the beginning of 2022. What will be the Fed reaction in the next meeting on July 28th? Kevin expressed how a 100-basis point rate hike is on the table and the importance of the decision that will need to be made to bring down inflation. How has inflation affected other countries around the world? Kevin went over the global inflation rates and how a recession will most likely impact a country internationally before the U.S. The Consumer Sentiment Survey from the University of Michigan was discussed and how it identifies consumer expectations within the economy. Please rate, leave a review, and share this podcast. Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#stagflation #cpi #2022 #insighful #principlesSupport the show

Chapter Titles:00:00-03:57 Tevin Lake Background03:57-09:14 Transition to entrepreneurship  09:14-13:48 NFL Combine Experience 13:48-19:10 Training Techniques For Athletes  19:10-28:11 Creation of T2 Sports Performance28:11-42:56 Start-up capital with a training business42:56-45:55 Leveraging life insurance for your business 45:55-51:00 Knowing what training programs to offer with clients51:00-59:46 Overcoming obstacles in business This episode featured Tevin Lake. Father, Sports Performance Trainer, & Former College Athlete discussed his journey to entrepreneurship after participating in the NFL Combine. Tevin has had many years of experience in the sports performance and the physical therapy field. He highlighted how those experiences led to creating T2 Sports Performance.T2 is a sport performance training facility based out in South Bend, IN area. Tevin explained how he got started and why he enjoys training people within his community. He went over the startup capital required to start a sports training business. As well as the process of building clients over time. Tevin shared when he got started, "it wasn't about the money but rather getting the exposure around his brand". Also in this episode, Tevin talked on the patience required to be an entrepreneur. As well as the importance of rest, budgeting and time management when it comes to sustaining a business over time.Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850 Tevin Lake Outlets:Website: T2 Sports Performance || We Build Champions.Instagram: @tlake10, @t2sportsperformance, & @t2sportsmedicineTwitter: @TLake10Tik Tok: @tlake1022 Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#business #entreprenuership #sports #performance Support the show

DISLCAIMER: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. The information I give you, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance and be comfortable with making a specific investment decision.Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Kevin talked about the history of bear and bull markets. While breaking down the different recessions the world has faced in the past and the recoveries that came after. Throughout history we have had 26 bear markets since 1928. 15 led to recessions and 11 did not lead to a recession.Some of the more severe recessions were the Great Depression & the Great Recession. Where the depression led to unemployment reached 24.9% in 1933. Then with the great recession we had the housing mortgage crisis. Which led to a global credit crisis with the use of bad underwriting practices. Kevin broke down the S&P 500 Bear Market's & Recoveries from 1956-2020. Which shows the length of bear market in months, S&P decline percentages, & the length of the recovery in months. Lastly, Kevin explained the historical bear and bull trends from an Invesco chart. Which shows the average bull and bear markets returns over a period from 1956-2018.  Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#bull #bear #markets #insightful #principlesSupport the show

Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Resources:Hodl Hodl Security GuideTrading security guide. We are extremely concerned about your… | by Hodl Hodl | Hodl Hodl | MediumNon-KYC Bitcoin: Hodl Hodl - a multisig P2P Bitcoin trading platformSparrow Wallet: Sparrow Bitcoin Wallet - Sparrow WalletThroughout this podcast, Kevin discussed the different aspects when protecting the privacy and security of your Bitcoin. Those are buying Bitcoin privately, securing it properly, & coin management with labeling transactions. When it comes to the privacy of your Bitcoin. You have the option of purchasing it using a Non-KYC or KYC platform. The difference is when you use a centralized platform, they will have a KYC procedure. Where they ask for a lot of your personal information to open up an account.Whereas with a Non-KYC procedure, you don't have to provide any of that, and it allows you to protect your identity and privacy. Kevin talked on the pros and cons between the two methods and the risks involved when considering either option.He also explained the different cold storage methods on securing Bitcoin offline. Whether that's through a hardware or software wallet. Both options provide the flexibility of securing your assets and utilizing a multi-sig wallet. Where 2-3 people can sign a signature before any funds are released. The freedom of using a software wallet is the ability to run your own node. Whenever you're not running your own node, typically you are using someone else's. When that happens, you are giving up your privacy to a certain extent. Running a node allows you to validate and label your transactions. Which allows you to take your security and privacy to another level. Learning about Bitcoin privacy is key to understanding the benefits of a network that's truly censorship resistant and self-sovereign.Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#bitcoin #privacy #guide #insightful #principlesSupport the show

Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Kevin highlighted the reasons for Bitcoin self-custody and why it's important to secure your own keys. As the old adage goes “not your keys, not your coins”. He explained the properties of Bitcoin. Which is a network that is the most secured and decentralized when comparing it to other crypto assets. Privacy is also the value of self-custody because you can remove your Bitcoin off a centralized exchange.Centralized exchanges such as Coinbase, Voyager, Celsius, or even Binance have control over your money, privacy, and ultimately the purpose of decentralization. The argument can be made that in some aspects centralization will help bring more investors into this space and not everyone will want to have control over their private keys. However, understanding the purpose of permissionless and borderless money is important when it comes to storing your Bitcoin on a hardware wallet. Kevin explained the recent withdrawal halts from Celsius and why this presents a case for self-custody.He also highlighted how FTX is providing credit facilities to BlockFi and Voyager Digital due to the liquidity crunch most of these exchanges have experienced due to macroeconomic conditions. Will we see a contagion of the Celsius freezes happen among other centralized crypto exchanges? Who knows, one thing I do know is securing your private keys is essential when learning about self-custody throughout the crypto industry. Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkinsSupport the show

Chapter Titles:00:00-01:50 Intro01:50-05:43 History of the racial wealth gap05:43-08:30 What has created the racial wealth gap differences?08:30-16:35 Dynamics of the racial wealth convergence 1870-202016:35-18:45 Steps to closing the wealth gap 18:45-24:41 Portfolio composition & future of the racial wealth gapSponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caKevin described the research paper "Wealth of Two Nations, The U.S Racial Wealth Gap from 1860-2020". He explained the racial wealth divide, as well as the comparison between black and white households. Kevin explained the driving factors and the economic barriers surrounding the black community in the early 20th century. The racial wealth divide begins to decline significantly after the Emancipation Era. However, at the start of the 1930, the wealth gap became stagnant. Over the last 70 years, the wealth gap is around 6 to 1. Which means the average white households has six times the wealth compared to black households. Some of this is in result of the Jim Crow Era, inequality with financial institutions, and the violet destruction of black neighborhoods. Savings and capital gains were the two main characteristics among the wealth convergence. Lower savings and capital gains for blacks over time reflect their lower average income and wealth levels compared to whites.Kevin went over various charts in the research paper that explained the dynamics of the racial wealth convergence, portfolio composition, and the future evolution of the future wealth gap.Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#investing #wealth #gapSupport the show

Table of contents:00:01-00:52 Intro00:52-03:11 Mission & Purpose of starting podcast 03:11-05:00 History of Juneteenth 05:00-08:05 Wealth of Two Nations 08:05-09:32 Circulation of money in the black community 09:32-12:26 Solutions for closing the racial wealth gap12:26-13:51- Financial Education, Equality, & FreedomThis podcast details the meaning of Juneteenth that took place on June 19th. It's a moment in history to recognized slaves became free in 1865. Specifically in 1865, is when the 13th amendment was created that abolished slavery in all of America.Kevin expressed the importance financial literacy and education. Why it provides freedom for us to change our life and our family lives. He talked on some of problems that still remain with the racial wealth gap and the solutions to help closed the gap.Kevin explained why the circulation of money needs to remain longer compared to other communities and why it helps with economic stability. He also went over the buying power blacks have is over $1.6 trillion. Buying black, investing in black businesses & entrepreneurs, as well as banking bank were all themes that could help blacks obtain more economic growth throughout our communities and build generational wealth over time. Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caShow email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciples Twitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#juneteenth #freedom #education #equality Support the show

Table of contents:00:00-00:25 Intro00:25-02:25 Fed Meeting Expectations 02:25-03:24 Will the Fed raise rates by 75 basis points?03:24-04:01 How rate hikes impact consumers?04:01-05:09 Fed Funds Rate Target05:09-07:56 Will interest rate hikes lead to a recession?07:56-08:15 ClosingSponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caWhat will be the Fed reaction to getting inflation under of control? Will it lead us into a further economic downturn? Will they raise rates .75 basis points? These questions were discovered throughout this video. Kevin detailed his expectation on what we will see for the Fed meeting and how it will impact the markets and consumers in general. He went over how the rate hikes will impact both the Fed Funds & the prime rate. Which are rates that impacts both banks and clients that are looking to take out a loan.He also talked on the challenges of a soft landing and the importance of raising rates for the rest of the year to control inflation. Even when inflation has peaked, there still are many supply chain constraints along with the Fed balance sheet that remains as current issues that can alter the markets for the rest of the year. Disclaimer: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. Do your own research and become aware of the risks when making an informed financial decision. No suggestion is an offer to buy or sale an investment. Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#economy #interest #rates #insightful #principles Support the show

Table of contents:00:00-02:18 Intro 02:18-05:37 CPI May 2022 05:37-07:36 What will be the Fed response?07:36-11:06 Consumer Confidence Index11:06-11:48 Fed Meeting & PPI Release Kevin detailed the various categories that led to a higher inflation print for May 2022. He went over how food, housing, & gas were the 3 highest areas in the CPI. Record levels of gasoline have led to $5 a gallon across America. Food increases around fish, poultry, meat, & eggs led to a 10.1% year of year. Gasoline was at record levels of 48.7% year over year. Lastly, shelter rose to 5.5%. Kevin highlighted the sentiment of the Consumer Confidence Index and how it relates to when consumption goes down in the economy. The Producer Price Index will be out June 14th & Fed Meeting will happen June 15th, 2022. This is worth paying attention to and seeing where the economy will go from here. What will be the Fed response to tackling inflation? Will the Fed continue to raise rates into 2023? All of these questions were answered throughout this podcast. Rate, leave a review, & share. Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial MediaInstagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#inflation #record #insightful #principlesSupport the show

Chapter Titles00:00-02:50 Intro | Where is the economy going?02:50-04:58 Real GDP Decline04:58-06:40 Unemployment Rate06:40-08:23 Tech Companies Hiring Freezes08:23-16:10 Consumer Price Index (Inflation) 16:10-17:20 Inflation is much higher than reported numbers17:20-19:27 Producer Price Index (PPI)19:27-23:00 Purchasing Manager's Index (PMI)23:00- 25:33 Fed Interest Rate Hikes 25:33-27:46 Closing | Preparing for the Future Economy Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caKevin described the current state of the economy in 2022. He explained some key indicators to pay attention to throughout 2022. The Real GDP numbers were discussed and the decline with economic activity in the US. What does this mean for economic activity if we go into another consecutive quarter of a decline with real GDP? Will this possible lead us into a recession? Kevin expressed how inflation is much higher than what has been reported and he provided his insight on what he expects with the next inflation report coming on June 10th, 2022. He also discusses the Producer Price Index and how it represents the changes in prices we see throughout the economy.Lastly, he goes over one important indicator that can be utilized to understanding if manufacturing in the economy is expanding or contracting. Understanding these important economic indicators can provide profitable foresight on the developing trends happening in the overall economy. Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial MediaInstagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#economy #2022 #insightful #principlesSupport the show

Chapter Titles:00:00-01:07- Are we moving towards a recession?01:07-04:11 Live below your means04:11-05:17 Have multiple streams of income05:17-06:39 Build 3-6 months of an emergency fund06:39-08:32 Evaluate high interest debt08:32-09:14 Utilize government programs with paying back student loans09:14-11:36 Stay invested long termSponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caIn this podcast, Kevin described the importance of preparing for an economic downturn. Kevin explained why keeping your expenses low and living within your means can pay dividends when times get tough.He went over why everyone needs to have more than one stream of income to prepare of possible job loss or a reduction in income. That way you are not relying on one stream of income, but you have other assets working for you if one goes away.Other topics discussed was assessing your finances and monitoring bad debt that has high interest. As well as tips to paying back student loans. Lastly, the purpose of this video is to give you all perspective on looking at recessions as opportunities and the value of staying invested long term. Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#financially #prepare #recession #insightful #principlesSupport the show

Disclaimer: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. Do your own research and become aware of the risks when making an informed financial decision. No suggestion is an offer to buy or sale an investment. These views are based on my own and the guest. You must understand your own risk tolerance and be comfortable with making a specific investment decision.Table of Contents:00:00-01:19 Intro01:19-02:30 James Lavish Background02:30-10:18 Professional Hockey Player To Hedge Fund Manager 10:18-14:47 Differences between wall street & bitcoin community 14:47-25:28 School system doesn't teach financial literacy  25:28-35:30  Discovering Bitcoin35:30-38:21 Inflationary vs. Deflationary Economy  38:21-48:55 Bitcoin & Time Preference  48:55-1:00:58 Bitcoin as a global reserve currency 1:00:58-1:07:17 Market volatility with different asset classes01:07:17-1:10:20 Closing Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caJames Lavish shared his perspective on transitioning from the institutional world to focusing on the Bitcoin network. He has over 25 years of institutional investing and risk management experience. James recently was the Chief Operating Officer of Alternative Investments at LKCM, a $26 billion asset management firm in Forth Worth Texas. Prior to joining LKCM, Mr. Lavish was the co-founder and a managing partner of Ranger Arbitrage, Head Arbitrage Trader and Officer of the Compliance Committee for Carlson Capital. Throughout this conversation, James highlighted his journey from being drafted in the NHL to becoming an hedge fund manager. He talked on the differences between Wall Street and interacting with people in the Bitcoin community.  As well as how he discovered Bitcoin and became an educator in this space.James Lavish Outlets:Twitter: @jameslavishInformationist Newsletter: https://jameslavish.substack.com/subscribehttps://lookingglasseducation.com/author/jameslavish/IP Outlets:Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#hedge #fund #bitcoin #insightful #principlesSupport the show

Chapter titles:00:00-00:59 Intro00:59-02:17 Money & Your Mindset02:17-03:26 Instant vs. Delayed Gratification03:26-04:56 Marshmallow Experiment 04:56-07:37 What is Time Preference?07:37-09:57 The Importance of Lower Time Preference  Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caKevin describes the difference between instant & delayed gratification. As well as the importance of having long term thinking and not becoming a consumer within society. Focusing on the more rewarding long term gain is important compared to the immediate gain you can get today. He goes over the popular marshmallow experiment conducted by Walter Mischel which detailed how students reacted to instant and delayed gratification. Kevin also explained the concept behind time preference and how it plays a vital role with our decision making everyday.Each financial choice we make everyday either lower's or increases our time preference. When an individual is able to lower their time preference, they have a better quality of life because they are not worrying about  money. They have accumulated capital over a long period of time and they now can focus on other areas in their life that gives them a higher purpose. When individuals higher their time preference, they don't have the luxury of doing other things that give them meaning. Nor can they be more productive. They continue to stay on the hamster wheel. This video is all about your mindset and understanding that your decisions everyday ultimately impact your finances in a positive or a negative way.   Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial MediaInstagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#instant #delayed #gratification #insightful #principlesSupport the show

Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caSpecial guest Tim Williams shared his experiences both working and building a business in the trucking industry. He explained how he got started and some of the challenges he went through to build a successful trucking company. Tim mentions how you can easily make 6-figures in the trucking industry but you can just as easily lose money as well.Doing the research, developing the connections, building your capital and credit was some points Tim highlighted for those that have an interest on getting into the industry. He broke down the different ways you can invest into your first truck, wether that's a semi, flatbed, or an hotshot. There are many different ways to get into this space and evaluating the pros and cons of each is vitally important. Tim expressed how to effectively find drivers and prepare for maintenance cost when building a trucking business. We also dive into the importance of entrepreneurship and how it differs to an employee from a taxing perspective. Continue to rate, leave a review, & subscribe. Tim Outlets:Youtube: Timothy Williams JrInstagram: @timothywilliamsjr0Trucking Insurance Agents mentioned: Agnes/Email: Agnes@fortis-ins.comGianni/Email: Gianni@fortis-ins.comPhone Number: 949-629-3077Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#starting #trucking #company #insightful #principlesSupport the show

How does inflation and money printing create wealth inequality in the economy? What is the Cantillion effect? Why do we have a wealth gap and what are some solutions to solving the problem. All of these questions were answer throughout this episode. Kevin explained the expansion of the Federal Reserve balance sheet from 2020-2022 and how the economy is feeling the after effects with inflation because of the money that was printed. He touch on how the goal was to increase economic activity but now we have move more into a tightening environment where there is an increase with interest rates. With a high interest rate environment,  Kevin described how this has led to more volatility amongst different asset classes. The Cantillion effect was another concept mentioned to explain why inflation and money printing helps the people that are more wealthy and hinders the people that don't have as many resources. In result, Kevin express why the Fed needs to have a cap on their money supply and create a more inclusive monetary system that provides equality for everyone. Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caShow email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial MediaInstagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#inflation #moneysupply #economicsSupport the show

Disclaimer: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. Do your own research and become aware of the risks when making an informed financial decision. No suggestion is an offer to buy or sale an investment. These views are based on my own and the guest. You must understand your own risk tolerance and be comfortable with making a specific investment decision.Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caSpecial Guest Greg Fosses describes the upside of Bitcoin & why it's one of the biggest asymmetric asset's he has seen in 35 years of trading markets. He shared his lessons learned from the Bitcoin Conference and talked on the session he hosted called "Billionaire Capital Allocators". We highlighted the challenges with the fiat system and why the Fed will continue to print money to solve their debt problem. Greg express how the Fed is in a tough position with raising interest rates and fighting against inflation. He explained how a recession could be on the horizon with all of the issues in the economy. We talked about Jeff Booth concept around Bitcoin being the only system peer-to-peer that doesn't require debt for the velocity of money. Whereas fiat currency (dollar) requires debt to expand money in the economy. Other topics discussed was the concerns around central bank digital currencies and why Bitcoin separates from alt coins has the most decentralized/secure blockchain network. You don't want to miss this one.Greg Foss Outlets:Twitter: @FossGregfoss LinkedIn: Greg FossEducation Platform: lookingglasseducation.comIP Outlets: Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial MediaInstagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkins#bitcoin #asymmetric #asset #insightful #principlesSupport the show

Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caWhy do we have a retirement crisis? How much do American's have saved for retirement? What are the solutions to solve this big problem? I discussed all these questions and provided insight on why the problems are prevalent within the economy. Almost half of American's don't have anything saved for retirement. Most working age households are at risk and some working professionals don't contribute to their retirement plan at all. Which in result creates a need for depending on government sponsored plans such as Social Security, Medicaid, Food Stamps. I mention how people have to take more control into their own hands because these programs are not intended to be your only source of income. Rather, it's utilize as a supplement. Another issue contributing to the retirement crisis is the underfunding of pensions. Many pensions across the world have been underfunded due to market uncertainty and companies not being able to fulfill their commitments. Bonds make up a substantial amount in most state pension plans and with interest rate hikes throughout 2022, those don't look ideal has a suitable return of investment.Overall, there are solutions being fulfilled to help encourage more people in America to invest for the long term. The House of Representatives passed the Strong Retirement Act which will automatically enroll employees into their employer's retirement plan. Fidelity also has come out and mentioned that they will give clients the option to invest in Bitcoin with their 401K's. Social Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkinsShow email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciples#retirement #crisis  #insightful #principlesSupport the show

Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caZaire described the importance of a financial plan and the principles that make a successful financial plan. We went over 5 key principles. Insurance, Cash Flow, Investment, Estate, & Tax Planning.Each principle was explained in detail and we described what to look for when planning for each of these areas. Whether it's putting together a budget, having a will or a trust, or contributing to your retirement plan. Zaire talked on how he approaches each of these areas when he sits down with clients. We also went into investment planning and why diversification is vital within an portfolio. Zaire gave his perspective on how crypto is slowly replacing bonds when it comes to asset allocation. With inflation and interest rate hikes, we explained how bonds are not what they use to be and many people are looking at other asset's for better return's on their investments. Lastly we described the challenges with diversity and inclusion amongst black financial planner's. As well as encouraging more women and men of color to go into the finance industry. Continue to rate, leave a review, and share! Zaire Askew Outlets:Instagram & Facebook: Zaire AskewEmail: Zaire.Askew@nm.comI.P Outlets:Social Media:Instagram & Facebook: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkinsShow email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciples#financial #planning #principlesSupport the show

Sponsors:Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9caThis episode features Andrew Adeniyi. He described why small business leaders need to have an effective diversity, equity, and inclusion strategy. Diversity is the presence of differences within a given setting. Within the workplace, we explained how those difference can be race, gender, age, and socioeconomic classes. Andrew highlighted how the challenges with diversity in the workplace is the bias that can be formed. Whether it's racial, gender, or even disability bias. It's important for business leaders to create an equitable and inclusion environment. Where everyone is treated fair and has equal possible outcomes for success. As well as ensuring people to feel a sense of belonging in the workplace. This in result helps employee's feel comfortable and supported by the organization when it comes to being their authentic selves. We discussed the future of work and the occupations that will shift by 2030. Requiring those to have more technical or management skills that will be more in demand. Andrew also talked on the challenges with the underrepresentation with men and women of color in higher wage occupations. As well as senior positions and executive level opportunities in the workforce. Andrew Adeniyi Outlets:LinkedIn: Andrew AdeniyiInstagram: @_aasolutionsWebsite: https://www.andrewadeniyi.com/IP Outlets:Show email & contact info:Email: insightfulprinciples@gmail.comLinkTree: https://linktr.ee/insightfulprinciplesSocial Media:Instagram & TikTok: @insightfulprinciplesTwitter: @insightprinplesLinkedIn: Kevin Jenkins Clubhouse: @kevnjenkinsSupport the show (https://www.patreon.com/insightfulprinciples)