Keep It Simple

What do Warren Buffett, John Templeton, and Dave Ramsey have in common? They're all quoted in this spontaneous Q&A session with the AssetBuilder advisor team. In this episode, host Adam Morris surprises Joey Bottinger, Janet Griffith, and Tommy Williams with unscripted prompts on famous financial advice. Tune in to hear the team reflect on timeless wisdom, modern market challenges, budgeting fears, and how lifestyle inflation can derail your plan. They also explain why even savvy investors may still benefit from a trusted advisor. Links: Learn more about AssetBuilder: https://assetbuilder.com Email us your questions: podcast@assetbuilder.com Timestamps: 00:00 – Intro & disclaimer 01:10 – Warren Buffett: Should you be “greedy when others are fearful”? 06:40 – “This time it's different”: Is it ever true? 12:30 – Dave Ramsey's take on budgeting 15:45 – Why clients resist budgeting and how we help 20:15 – Social pressure, lifestyle inflation, and Coachella tickets 26:00 – How to find meaning beyond money 28:00 – “Fire your advisor?” Why a fiduciary still matters 32:30 – Wrap-up: Consistency and psychological support

In this episode of Keep It Simple, host Joey Bottinger is joined by Janet Griffith (Certified Financial Planner) and first-time guest Tommy Williams (Associate Advisor) from Asset Builder. Together, they break down the real-world benefits of having a financial plan — from achieving clarity and peace of mind to understanding spending goals and preparing for the unexpected. Whether you're planning for retirement, mapping out education savings, or just want to feel more confident about your next step, this conversation helps you understand how planning can shape your financial future. Topics include: How a financial plan gives you a 360° view of your finances Building confidence during market volatility Knowing when (and how) to spend or give Uncovering hidden risks and overlooked opportunities Why peace of mind is the ultimate outcome

Welcome to the Keep It Simple Podcast! In this episode, hosts Adam Morse, Janet Griffith, and Joey Badinger break down essential tax strategies to help you maximize savings and stay ahead in 2025. Join us as we explore key tax planning techniques, including maximizing deductions and credits, understanding tax-efficient investing, and navigating the latest IRS updates. We discuss why proactive tax planning is crucial, how to optimize retirement contributions for tax benefits, and strategies for minimizing capital gains taxes. Additionally, we provide practical tips on organizing tax documents, avoiding common filing mistakes, and leveraging tax-advantaged accounts to keep more of your hard-earned money. Whether you're a business owner, freelancer, or individual taxpayer, this episode is packed with valuable insights to help you simplify tax season and make smarter financial decisions. Connect with Team at Asset Builder: https://assetbuilder.com/.

Welcome to the Keep It Simple Podcast! In this episode, hosts Jared Herzog, Joey Badinger, Adam Morris, and Janet Griffith dive into the essential topic of goal setting for the new year. Join us as we explore the SMART goals framework—Specific, Measurable, Attainable, Relevant, and Time-bound—and discuss how to effectively apply these principles to your personal and financial goals. We share insights on why setting specific and measurable goals is crucial for success, the importance of aligning your goals with your values, and how to create a budget that works for you. Additionally, we provide practical tips on paying off high-interest debt, the benefits of saving and investing monthly, and the significance of increasing your financial literacy. Whether you're looking to improve your financial situation or simply want to set meaningful goals for the year ahead, this episode is packed with valuable advice to help you stay motivated and on track. Tune in to learn how to make 2025 your best year yet! Topics Covered: The importance of goal setting Understanding SMART goals Strategies for paying off debt Creating and maintaining a budget The benefits of regular saving and investing Tips for increasing financial literacy

In this episode of Keep It Simple, hosts Jared Herzog and Adam Morse dive into the recent fluctuations in the market. Market volatility is an inherent aspect of investing, characterized by fluctuations in asset prices over short periods. These fluctuations can be unsettling for investors, often leading to emotional reactions that result in poor decision-making and potential financial losses.    [00:02:04] Market reactions and investor psychology. [00:05:12] Rates in Japan's impact. [00:07:48] Margin loans and market dynamics. [00:12:23] Panic and decision-making in finance. [00:14:39] Recognizing emotional states for decisions. [00:18:04] Market volatility and withdrawal strategies. [00:22:50] The enemy is ourselves. [00:24:40] Market recovery time analysis. [00:28:53] Bear markets as buying opportunities. [00:31:50] Importance of staying invested. [00:34:24] Control and fear in investing. [00:38:23] Long-term investment strategies.

Tune in to 'Keep It Simple' with host Adam Morris and Joey Badinger from Asset Builder to discuss strategies for building good habits while eliminating bad ones. They delve into methods inspired by 'The Soul of Wealth' by Daniel Crosby and share practical advice for achieving financial and personal goals using the SMART and EAST models. Highlights include discussions on financial planning, fitness, mental health, and the importance of intentionality in achieving long-term success.   [00:00] Introduction and Podcast Purpose [01:39] The Concept of Make Good Easy, Make Bad Hard [12:50] SMART Goals and the EAST Framework [23:54] The Importance of Intentionality and Discipline [16:25] Real-Life Examples and Applications [24:49] Impacts of Good Habits on Health and Finances [38:32] Mental Health Benefits and Therapy [42:45] Final Thoughts and Encouragement  

In this episode of 'Keep It Simple,' host Adam Morris, Janet Griffith and the team at Asset Builder, including special guest Director of Operations, Hannah Vickery, delve into the intersection of marriage and finance. They share personal experiences, advice, and techniques to help couples manage their finances effectively and reduce stress. Topics include the importance of open communication, different budgeting methods, the role of premarital counseling, and strategies to handle financial disagreements. The episode underscores the importance of being on the same financial team with your spouse to achieve shared goals while navigating life's unexpected challenges.   [00:34] Marriage and Finance: Today's Topic [16:08] Combining Finances: Joint Accountability [23:57] Handling Financial Stress and Goals [31:18] Implementing Personal Budgets: The Burn Pile Method [37:14] Choosing the Right Partner for Financial Harmony [39:28] Common Financial Disagreements and Resolutions [42:44] Planning for Retirement and Reducing Expenses [53:10] The Importance of Open Communication in Budgeting [54:05] Best and Worst Aspects of Working in Financial Services [56:43] Final Thoughts and Encouragement for Young Investors  

Tune in to 'Keep It Simple' with host Adam Morris, Janet Griffith, and Joey Badinger from Asset Builder to explore the intricacies and advantages of Roth conversions today!   The discussion covers the fundamentals of what a Roth conversion is, the benefits, including tax optimization and managing required minimum distributions (RMDs), and its strategic advantages in certain market conditions. The team also challenges common myths about Roth conversions and emphasizes the importance of planning and asset location. They provide actionable insights for both novice and experienced investors, underscoring the significance of financial planning in securing a tax-efficient future.   01:07 Demystifying Roth Conversions: What You Need to Know 03:45 Roth IRA Basics: Understanding the Fundamentals 09:13 The Advantages of Roth Conversions for Future Planning 11:59 Inherited IRAs and the Impact of Recent Legislation 16:57 Maximizing Lifetime Wealth Through Strategic Tax Planning 18:32 Leveraging Roth Conversions in a Down Market 22:54 Exploring Asset Location in Investment Strategies 27:03 Debunking Myths Around Roth Conversions 29:17 Optimizing Roth Conversions for Different Tax Brackets 36:02 Strategic Planning: Roth Accounts and Estate Planning 40:22 Investment Wisdom and Financial Literacy Evolution  

In this episode of 'Keep It Simple,' the team discusses strategies for tax planning in anticipation of the expiring provisions of the Tax Cuts and Jobs Act of 2017, set to phase out by the end of 2025.   Joined by advisors Adam Morris, Janet Griffith, and Joey Badinger, they explore potential changes in tax rates, deductions, and credits, emphasizing the need for individuals and businesses to plan ahead. The discussion extends to the implications for estate and gift taxes, and the episode offers insights into making strategic decisions to optimize tax positions. The advisors remind listeners that while they are not tax professionals, their insights aim to prompt thoughtful consideration and consultation with tax experts.   Key topics include maximizing tax brackets, leveraging charitable donations, understanding the shifting landscape of deductions, and the importance of early planning for estate taxes.   00:34 Special Topic: Tax Planning for the Tax Cuts and Jobs Act of 2017 01:09 Understanding the Sunset of Tax Provisions 04:08 Strategies for Tax Optimization Before 2026 12:25 Estate and Gift Taxation Changes 14:11 Long-Term Tax Planning Strategies 23:31 Utilizing Capital Gains and Loss Harvesting 26:35 Conclusion and Next Steps

Ever thought about the countless variables that influence your investment decisions and how mastering the art of simplicity could be a game-changer? Join us, Jared and Adam, as we dissect Morgan Housel's enlightening book, "Same as Ever". Filled with bite-sized wisdom, this book reveals the power of long-term thinking, the beauty of focusing on constants over variables, and the potential traps of emotional investing. With Jeff Bezos' business strategy as a case study, you'll understand how these concepts work in the real world. Life, just like history, is unpredictable - small moments can drastically alter its course. From the Revolutionary War to the sinking of the Lusitania, we illustrate how seemingly insignificant factors can have enormous impacts. Drawing from these historical events, we delve into the importance of humility when predicting future trends, particularly for investing. After all, acknowledging our inability to foresee every detail could be the key to avoiding costly financial mistakes. In our final segment, we invite you to step back and look at the bigger picture, both in terms of your investments and life in general. We draw parallels between the roller coaster rides of the market and life, discussing the significance of managing expectations and practicing gratitude in cultivating happiness. Furthermore, we delve into the backstory of Housel's other book "The Psychology of Money," sharing how personal experiences, including a near-death experience, shaped his views on finance. As we wrap up, we leave you with a powerful story from the book that underscores the impact our financial decisions can have. Join us in this insightful journey as we navigate the often unpredictable, yet rewarding world of investing. (00:00) - Morgan Household's Book on Behavioral Finance Lessons (12:13) - Unpredictable History and Future (25:20) - The Importance of Perspective and Mindfulness (37:16) - Spread Knowledge and Share Personal Story

Gear up as we guide you through the fascinating world of financial trends, market volatility, and the simple pleasures of life, like attending a Baylor football game or organizing one's garage. We guarantee our casual yet in-depth discussion will not only enrich your understanding of asset classes and diversification but also shed light on the importance of gratitude in our lives. We'll chew over everything from fresh perspectives on investment strategies to the delights of ordering a pizza when you're worn out. This episode is a treasure trove of insights into the performance of various asset classes in the third quarter, the volatility of markets, and the benefits of premium investing. We peel back the layers of market performance, revealing what's behind the numbers, and explore the strategy of buying and holding funds that target specific characteristics of stocks. Be prepared to question conventional wisdom as we debunk the reliability of market forecasts and underline the long-term stability of value stocks. In our final segment, we reflect on the transformational power of gratitude. We share our thoughts on how an attitude of thankfulness can positively impact our lives and relationships. We discuss how social media has influenced our perceptions of gratitude and provide insights on cultivating a genuine sense of appreciation. Wrapping things up, we open the floor for your questions and comments. Don't miss out on this episode brimming over with thoughtful discussions, practical recommendations, and invaluable investment tips! (00:00) Quarterly Review and Current Trends (08:41) Asset Class Performance and Diversification Importance (18:17) Market Volatility and Rebalancing Strategies (26:51) Premium Investing and Stock Characteristics (31:42) The Changing View of Economic Growth (42:44) Adam and Janet's Farewell and Appreciation

Join us as we navigate through topics such as the current Middle East situation and the looming tax season. As we approach tax season, we share insights on how to provide a smooth, fast and easy process for our clients in the preparation of their taxes. Furthermore, we discuss the unpredictability of the markets and the multiple factors that go into the evaluation of a share price. Despite the ongoing events in the Middle East, we unravel why markets continue to rise.  In this captivating conversation with Peter Zahan, a geopolitical strategist, we analyze the macroeconomic view of markets, economic trends, and population changes across the globe. We dig into Russia's military strategy and the necessity for them to retain land in Eastern Europe. Also, we explore how population trends in western Europe impact their economy. The conversation wraps up with an inviting suggestion to relax and enjoy a bonfire, with smores of course!  We also explore the lighter side of life as we chat about our plans to see comedian Nate Bargatzi, the high water bill due to extreme temperatures in Plano, and our busy weekend filled with plans for pickleball. We underline the importance of taking care of oneself and avoiding injury. We further analyze the 'Four Pillars' book series by Joseph Bernstein and emphasize the importance of avoiding overconfidence when making personal trading decisions. We delve into the difference between wealth and riches, and discuss how wealth is built over time through wise investing and allowing your money to generate interest. Listen in for an enlightening conversation! (0:00:01) - Tax Season and Market Predictability (0:06:11) - Recommendations and Anticipation (0:12:14) - Nate Bargatzi Show and Water Bill (0:14:09) - The Psychology of Investing (0:25:36) - Emotions and Influence in Investing (0:34:55) - Emotional Management in Investing Importance

Prepare for a journey that will arm you with timeless investing principles. This episode is set to demystify the complexities of investing as we unpack the enduring principles outlined in "The Four Pillars of Investing" by William Bernstein. We shed light on the intricate link between risk and reward, revealing why the brightest markets often yield the lowest returns, while the bleakest ones offer the highest. We also address the emotional turmoil that most investors face when grappling with the idea of higher risk for higher returns. Take a deeper look at the fascinating world of small and large cap stocks. We scrutinize their differences and dissect the historic trend of small cap stocks yielding higher long-term returns. As we navigate through this, we also touch on the potential implications of the US holding larger equity value than the rest of the world and the possible pitfalls this might pose for US investors. Discover the indispensable role of global diversification in maximizing returns and why it's crucial for every investor.  Surely, you've heard the phrase, "this time it's different"? We'll explore why this mindset can be an expensive mistake, drawing from the canal revolution in England as a case study. Join us as we delve into the dangers of market frenzy brought about by inexperienced investors, and how understanding the principles of security valuation can serve as your compass. We also illuminate how current market conditions may lead to a bubble and the protective shield indexing provides. Then, we delve into the universe of returns, pulling data from various indexes. Remember, understanding bear markets and staying committed to your allocation is critical for any investor. You won't want to miss this episode! (0:00:01) - Exploring the Four Pillars of Investing (0:13:01) - Small vs Large Cap Stocks (0:26:22) - Market Bubbles and Long-Term Data Understanding (0:37:44) - Understanding Risk and Return in Investing (0:46:30) - Contact and Sponsor Information for Podcast

Join us as we unravel the often intimidating topic of cybersecurity, offering straightforward advice on how to keep your digital life secure. We discuss simple, effective techniques that can drastically reduce your chances of falling victim to cyber attacks. From anecdotes we've gathered from our clients to our personal experiences, we're shedding light on the reality of cybersecurity. We explore the struggle of trying to have zero digital footprint and how you can make yourself less appealing to those with malicious intentions.   Listen in as we further discuss the importance of software updates and strong passwords, two fundamental pillars of cybersecurity. We shed light on the risks of neglecting software updates and how using programs like LastPass can help you create and store unique, difficult-to-guess passwords. We also talk about "brute force attacks" and why they're a serious concern. Continuing on, we delve into measures to ensure your protection online. We touch on the importance of backing up information, using VPN services, and steering clear of unsecured Wi-Fi networks. Don't miss out on this insightful conversation that will empower you to take control of your cybersecurity! (0:00:01) - Simple Techniques for Cybersecurity (0:07:00) - Software Updates and Strong Passwords (0:19:50) - Cybersecurity Measures for Protection  

Get ready for an insightful discussion as we explore the intriguing intersection of artificial intelligence (AI) and the stock market. We start off by examining the surprisingly strong performance of Democrats over Republicans in the stock market, and the role tech stocks play in this equation. We raise questions about potential insider trading, providing a thought-provoking angle on the information disparity between politicians and the public. This episode also delves into the attention-grabbing headlines that fuel curiosity and speculation about AI's role in the stock market. As we proceed, we highlight the importance of cautious investing, discussing the recent surge in market strength driven by mega-cap tech stocks. The conversation steers you away from impulsive stock picks and underscores the need for comprehensive research and secure valuation methods. The discussion further illuminates the role of AI in investing, citing the East India Trading Company as an illustrative example of leveraging new technology for significant gains. From exploring the concept of diversification to understanding the investing mindset of today's youth, we leave no stone unturned in this exciting episode.   [0:00:01] AI's Impact on Stock Investing [0:12:49] Risks of Speculating on AI Stocks [0:24:53] The Role of AI in Investing

In this episode, we delve into the final segment of our review of “The Psychology of Money” by Morgan Housel. But before we do, we provide a brief overview of the Southern LA Bank's crash, caused by a drying revenue stream for clients and miscalculations about interest rates. Understanding your banking choices and conducting research is crucial, and remember the distinction between brokerages and banks.   We explore the disparities between day traders/short-term investors and the needs of long-term investors. Long-term goals should not mimic short-term strategies. Time horizons are key, offering success predictions. The media's focus on pessimism caters to our planning for worst-case scenarios, while optimism often raises suspicions of sales pitches. Progress is gradual, setbacks sudden. Don't solely heed pessimism; avoid overreactions.   Our worldview is limited, leading to shaky decisions based solely on personal perspectives. This is evident in active vs. passive investing—actively managed accounts tend to yield less over time. Embracing humility in finances, relinquishing ego, and managing money for peace of mind is vital. Humility matters in success. Outcomes are shaped more by behavior than portfolios. Care for yourself; small actions accumulate. Focus on control, release what you can't. Join us for insights on mindful financial management on this episode on Keep It Simple!   Click here to connect with the Asset Builder team   [00:00] Show intro  [00:29] Welcome to the show! [01:07] Overview of Southern LA Bank crash  [12:02] Chapter 16 [17:24] Chapter 17 [22:50] Chapter 18 [27:42] Chapter 19 [32:03] Giveaway: win this book! [32:50] Outro     

In this episode of Keep It Simple, hosts Adam and Joey continue to talk through "The Psychology of Money'' by Morgan Housel. Adam and Joey delve into the concepts of rationality and reasonability in financial decision-making. Chapter 11 of the book centers around reasonable vs. rational decisions. While some investors might be comfortable taking on more risk, adopting a double leveraged portfolio, although rational, may not be reasonable for most due to its extreme volatility. They stress the importance of constructing an investment portfolio that maximizes returns while allowing one to sleep soundly at night.   This episode highlights the inverse relationship between reward and risk, underlining that higher rewards often entail greater risks, which might not always be immediately apparent. The hosts draw on historical perspectives to explain that change is a constant, and history serves as a guide for the future, despite the presence of unforeseen events. Real-life instances involving clients' market concerns are shared, advocating for a balance between knowledge of historical patterns and preparedness for surprises.   Adam and Joey advise against over-reliance on one's expectations and suggest building a strategy that incorporates diversification. Recognizing the inevitability of being wrong at times, they stress the importance of a margin of safety. The podcast underscores the difficulty of forecasting one's future self due to personal growth and change. Regularly revisiting and aligning goals is recommended to avoid divergence.   Basing goals solely on trends is something to be cautioned against, and Adam and Joey highlight that everything in life involves trade-offs. They use investment scenarios to illustrate the trade-off concept, like choosing between low returns and avoiding high interest rates. Emotion-driven reactions are discouraged, as they can lead to mistakes. Overall, the episode promotes a thoughtful, reasoned, and adaptable approach to financial planning and decision-making, grounded in both historical knowledge and an understanding of one's evolving self.   Click here to connect with the Asset Builder team.   [00:00] Show intro  [00:29] Welcome to the show! [01:14] Chapter 11  [08:13] Chapter 12 [14:22] Chapter 13 [21:13] Chapter 14 [28:12] Chapter 15 [33:56] Wrapping it up   

In this episode, we're taking a comprehensive review of the market performance during the second quarter to help investors plan for the future. Overall, it was a fruitful quarter with most investments on the rise. As we delve into various premiums, we'll explain their significance and how they affected returns. It's essential to understand that pursuing maximum profits may lead to challenges.   We're also exploring asset classes and the trends observed last quarter. Additionally, we'll discuss sector patterns and how some companies are inflating prices or presenting themselves as tech firms, regardless of their true nature. Notably, the energy sector outperformed in quarter two.   Diversification across sectors becomes crucial in optimizing returns and reducing volatility. For those disappointed with target premiums' performance, we'll explain why it's not always wise to discard low performers. Join us as we delve into these crucial insights to help you make informed investment decisions moving forward.     Click here to get in touch with someone from the Asset Builder team.    [00:00] Show intro  [00:28] Welcome to  [01:36] Summary of the quarter  [03:39] How premiums played out in Q2  [09:53] Asset classes  [12:46] Sectors  [19:40] If Q2 premiums didn't do well, what do I do? [24:25] Small companies vs. large companies  [26:04] Takeaways  [28:48] Outro 

In part two of our conversation about The Psychology of Money, by Morgan Housel, the Asset Builder team is getting into a good money mindset, sitting in discomfort, being less flashy, and more. True freedom isn't being able to spend as much money as you want when you want to; instead, it's the ability to control your life. Focusing on your own journey to financial freedom doesn't mean getting a flashy car to impress people.    Since there's no financial literacy classes in the high schools we went to (and most likely not where you went either), we hope you'll tune in to learn more about shifting your mindset on wealth as we breakdown this gem of a book. Remember: true wealth isn't what you see because most of the “wealth” you see is actually a depreciating asset.    Connect with the Asset Builder team: assetbuilder.com   [00:00] Show intro  [00:28] Welcome to part two of the book breakdown! [01:55] Ch. 6: Success doesn't come 100% of the time [08:40] Ch. 7: You can become a slave to stuff [12:45] Ch. 8: The man in the car paradox  [16:39] Ch. 9: Wealth is what you don't see [19:35] Ch. 10: Save your money [24:05] The importance of financial literacy [24:55] Free books! [25:24] Wrapping it up [25:52] Outro 

Is Keep It Simple turning into a book club? We're breaking down The Psychology of Money by Morgan Hauser. Our conversation today is getting deep and meaningful, and goes way beyond money and financial status. We're talking about some of our favorite parts from the book and key takeaways we have from each chapter. Join us for part one of this conversation and don't forget to check back for part two! We have nineteen chapters to get through together and you don't want to miss it. From mindset to self-discipline to goal setting, this episode has value for the most seasoned investor to the newbie who is just starting out. [00:00] Show intro [00:29] Welcome to the show [02:02] Today's topic: The Psychology of Money [04:20] Chapter one [07:56] Chapter two [14:13] Chapter three [22:18] Chapter four [28:22] Chapter five [32:04] Make a plan [32:41] Wrapping it up [34:12] Outro

When you're looking for a financial advisor, you are trying to find someone to trust with your hard earned money. Do a little research before you interview a potential advisor so you know what your investing philosophy is to find an advisor that matches your view. Really get to know your potential advisor's qualifications and reasons for being in the business. Having up front conversations between clients and advisors is imperative to prevent unnecessary road bumps along your investment journey. Asking the questions below will allow you as a client to find an investor that matches your investment philosophy and allows advisors to see if potential clients fit with their firm's investment strategy. Connect with the team: podcast@assetbuilder.com assetbuilder.com/podcast [00:00] Intro [00:29] Things to ask your financial advisor [03:43] What is your investing philosophy? [08:27] Do you use technical analysis? [11:16] Do you use market timing? [15:36] Why are you in this job? [21:09] Are you a fiduciary? What are their qualifications? [22:57] Why do you feel you need a financial advisor? [26:48] What is the biggest frustration with other advisors? [27:32] How did you respond emotionally to the bear markets? [32:11] Where should I be in a year? [37:27] The most common question from potential comments [40:51] Book recommendations and wrapping up [42:20] Closing things out

Today on Keep It Simple we're getting into a new law, The Secure Act 2.0. This law is the government's way to remove obstacles to retirements to make it easier for the average American to save money for retirement. The Asset Builder team is explaining some of the changes this law brings that normal individuals should be aware of. 25% of American adults don't have savings, so if you fall under that statistic the Secure Act 2.0 helps you out by allowing you to catch up on your retirement contributions. Arguably the most important change that comes from the Secure Act 2.0 is the rules surrounding Roth accounts. We're talking about Roth accounts in detail and these accounts can be huge assets to individuals. QCCs are also changing a little bit and are a great tool to use. Arguably the biggest change Secure 2.0 is making is requiring businesses to defer 3% of their employee's incomes into retirement accounts. This law will change things for you, whether in big or small ways, so it is important for you to go talk to your advisor to find out how it'll impact you. Connect with the Keep It Simple team online at assetbuilder.com [00:00] Show intro [00:30] Welcome to the show [02:01] Changes to the laws: Secure 2.0 [03:54] Why is the government changing retirement? [07:35] The changes brought by Secure 2.0 individuals need to know about [09:47] What is a catch up contribution? [14:58] Matching towards your Roth IRAs [18:50] The math behind Roth IRAs [21:43] Qualified charitable contributions [25:28] Requiring all companies to defer 3% to employee's retirements [29:01] Student loan forgiveness [30:52] Go talk to your advisor [32:19] Closing comments

2022 was a rollercoaster of a year, but some lucky people got a year end bonus. The key to spending a bonus well is to make a plan for when that extra income rolls into your bank account. In this episode of Keep It Simple, we're laying out the things you should consider when you're planning for that Christmas bonus.   Whether you decide to pay off debt, add to your retirment account, or invest, use your bonus to set yourself up for success. Life happens, and making sure you're ready to roll with the punches financially. Aside from backing up your financial future, using a bonus can be a great opportunity to invest in yourself. All this advice and more on today's episode of Keep It Simple.   Listen in and don't forget to check out our website linked below. www.assetbuilder.com   [00:00] Show intro [00:29] Shout out to Joey! [01:19] Paying off debt [03:47] Debt considerations [05:11] Bulk up your retirement account [07:49] Investing that bonus [11:29] Restocking an emergency fund [14:19] What is a 529 plan? [18:36] Investing in yourself [23:10] Minimizing the amount of cash you're sitting on [24:16] Saving for your next vacation or other big ticket items [25:45] Closing comments [27:09] Outro  

We are welcoming Joey, a lead advisor here at Asset Builder, to this episode of Keep It Simple. Join us for a brain dump where we're talking about inflation and debt. Inflation is starting to slow which indicates interest rates will slowly start coming down. We've all been on the struggle bus with the high cost of living that's come with inflation, especially our grocery bills. We're going to discuss some things we've done to help combat the cost of inflation. Alongside inflation, debt has been increasing. With auto and home loans, household debt has been steadily growing. So how do we start the conversation about it? Listen in to find out. Towards the end of this episode we're pulling out our crystal balls and making predictions for where 2023 is going.    Connect with Adam or Joey Website- https://assetbuilder.com/    [00:00] Show intro  [00:29] Welcome to Joey  [02:35] Inflation: the one and only  [08:47] Income vs. debt  [15:46] Having conversations about debt with people  [21:31] Predictions for 2023 [24:48] Some things Adam and Joey are handling from clients [28:16] Wrapping it up   

On today's episode of Keep It Simple, learn how to approach and interpret a return and what different returns mean. Return formulas can be confusing, and since they are invaluable we are taking the time today to break things down and go over the things you need to look for when evaluating your returns. You need to know what you're measuring, what you're measuring with, and what you're measuring against. Our goal is to help you make good choices when you are looking at changing your approach to returns to help you profit later. Remember that you don't need all the data in the world, just a good strategy and consistency. The more you understand the more at peace you will be, so let's get to learning.   Get in contact with Adam or Janet by clicking the link below:  www.assetbuilder.com/podcast   [00:00] Show intro  [00:28] What we're talking about today  [01:15] The most common mistakes made with returns  [03:23] Framework of mental checks when evaluating returns  [09:14] Understanding the nature of the market  [11:40] Knowing what you're measuring with  [14:47] Rolling returns  [16:26] Why do rolling returns set better expectations? [21:24] Knowing what you're measuring against: benchmarks  [29:32] The returns cheat sheet  [33:47] Where to get more resources  [34:33] Closing comments  [35:02] Outro 

It's never too early to start planning your future, so today we are talking about all things Medicare. We are breaking down all the parts of Medicare and explaining the pros and cons to the different paths you can take, as well as where to go if you need help sorting out your Medicare plan. Connect with Adam or Janet at their website, www.assetbuilder.com/podcast [00:00] Disclaimer/show intro [00:28] Episode intro [01:21] The body line of the episode [03:47] Medicare and it's structure [07:31] How do you know when it's time to enroll in Medicare? [09:26] Why start Medicare right at 65? [11:28] Part A and B: why are they separate and what are they? [14:47] Shopping based on premiums vs. company vs. customer service [18:09] What is Medigap and how to utilize it [23:19] Decision tree in regards to Medicare [26:08] Resources for learning about Medicare [31:19] Janet's personal experience with Medicare [35:16] Closing comments [37:06] Wrap up and outro

Investment Advisor Representatives Adam Morse and Janet Griffith discuss the recent Student Debt Relief plan announced by the White House and what it means for millions of Americans as well as the American economy.   www.studentaid.gov/loan-simulator   Have an idea for an episode? Email us!   podcast@assetbuilder.com

Adam Morse and Janet Griffith discuss the ins and outs of social security and how to prepare ourselves for whatever the future holds.    Have an idea for an episode? Email us!  podcast@assetbuilder.com

Adam Morse and Janet Griffith respond to a well-known innovator billionaire, Elon Musk, who recently tweeted that Index investors are misallocating funds in the market. Listen to Adam and Janet's rebuttal on another exciting episode of Keep it Simple.    Have an idea for an episode, email us!  Podcast@assetbuilder.com

Investment Advisor Representatives Adam Morse and Janet Griffith discuss the history of stagflation and how it affects our economy today.    Have an idea for an episode? - email us and let us know podcast@assetbuilder.com

Adam Morse and Janet Griffith know a volatile market can challenge your mettle – especially if you're retired. But they also know that the investors that stick it through come out ahead in the long run. Today we offer a gentle reminder to ignore the headlines and follow the historical data instead.    Have an episode suggestion? We want to hear it.  Podcast@assetbuilder.com

Polls say that half of Americans don't invest their money at all. Adam Morse and Janet Griffith discuss and refute common arguments against investing in the market. Have an idea for an episode? Email us at  Podcast@assetbuilder.com    Responses To 10 Common Arguments Against Investing (Article by David Booth) https://www.popular.com/en/popularone/articles/investments/responses-to-10-common-arguments-against-investing/    

Adam Morse and Janet Griffith deconstruct great quotes from great investors and extract lessons for us to use in our own investment lives.    Have an idea for an episode? Email us at  Podcast@assetbuilder.com 

Adam Morse and Janet Griffith discuss a list of helpful things you can do to get your finances a little more organized and optimized for the future.    Have an idea for our next episode? Email us at podcast@assetbuilder.com

How should we approach the idea of taxes? What are the main types of taxes in play when we start investing? Today, investment advisor representatives, Janet Griffith and Adam Morse answer these questions and more in another taxy-turvy episode of Keep it Simple.    Have an idea for our next episode? Email us at podcast@assetbuilder.com

Many children may want their parents' inheritance - but how many of them are prepared to handle such a large sum of money? Janet and Adam discuss how to prepare your heirs for your inheritance.    Have an idea for our next episode? Email us at podcast@assetbuilder.com  

Janet Griffith and Adam Morse discuss whether we should worry about current rate hikes. Should we freak out - or chill out? Find out today in another knowledge-packed episode of Keep it Simple.   Have an idea for our next episode? Email us at podcast@assetbuilder.com   Find all show notes at assetbuilder.com/podcast  

Today Andrew Hallam discusses his new book Balance, how to invest and spend for happiness, health, and wealth. Pick up a copy today!    Have an idea for our next episode? Email us at podcast@assetbuilder.com   Find all show notes at assetbuilder.com/podcast

Today, Janet Griffith and Adam Morse discuss how to understand a market crash at the beginning of retirement.  Should you run to cash— or remain in the market? Find out today in another info-packed episode of Keep it Simple.   Have an idea for our next episode? Email us at podcast@assetbuilder.com   Find all show notes at assetbuilder.com/podcast

Today we ask: how much of your income should you be investing? Is there a universal magic percentage or formula— or is it just a matter of investing what you CAN invest? And should you pay off all of your debt before investing anyway? Find out today on another informative episode of Keep it Simple.  Have an idea for an episode? Email us at:  Podcast@assetbuilder.com      

It seems obvious, even elementary, but today Adam Morse and Janet Griffith take note of how astounding a difference compound interest can make in your financial life— positive or negative.   Based on an article by Motley Fool   Have an idea for our next episode? Email us at podcast@assetbuilder.com   Find all show notes at assetbuilder.com/podcast

Some studies show that women tend to earn slightly better returns than men— but why is that? Is it that girls rule and boys drool? Or is it that women have that have natural tendencies that lead to slightly more favorable investment outcomes? Find out today on another exciting, chair-gripping, knowledge-inducing episode of Keep it Simple.     Links to studies used in today's episode: The same but different: Gender differences in retail investor behavior (2020) 2021 Women and Investing Study (2021)   Do you have a topic that you would like discussed in our next episode? Email us at podcast@assetbuilder.com   Find all show notes at assetbuilder.com/podcast    

Investment bias can lead us down paths that seem logical but ultimately work against us. To put it in a more positive light, managing these biases can help improve performance. Today, Adam Morse and Janet Griffith help us understand our investment biases.    Charles Schwab Survey  https://www.yahoo.com/now/befi-barometer-2021-advisors-witness-120000773.html   Have an idea for an episode? We'd like to hear from you! Email us: podcast@assetbuilder.com  

It's easy to find investment advisers that are more self-interested than they lead you to believe. Adam Morse and Janet Griffith discuss the big red flags to look for so you don't get stuck with one of these kinds of advisers.   Conduct a background check on any investment professional at: https://www.investor.gov/   List of red flags: https://www.investor.gov/protect-your-investments/fraud/how-avoid-fraud/red-flags-investment-fraud-checklist   Have an idea for an episode? We'd like to hear from you! Email us: podcast@assetbuilder.com  

As many people approach retirement age, they often wonder what to do with their company 401(k).  Should you leave it there and forget about it? Is it worth the hassle of moving it elsewhere? Today, Investment advisors, Adam Morse and Janet Griffith talk about the ins and outs of rolling over your 401(k).   Have an idea for an episode? We'd like to hear from you! Email us: podcast@assetbuilder.com   FAQ faceoff questions provided by: https://www.nerdwallet.com/article/investing/401k-rollover-ira-guide   Can't find your 401(k)? Start here: Unclaimed.org       

RIA, Adam Morse, offers a few more lessons after hearing stories of financial and investing missteps from around the web. He even tells a tale of his own.   Taken from badinvestments.com. Link to article:  https://badinvestmentsadvice.com/whats-your-investing-horror-story/ Have your own investment horror story? Email us at podcast@assetbuilder.com

Today, Adam Morse listens to four investing/financial mishaps and identifies the lessons learned from each horrific story.   Taken from badinvestments.com. Link to article:  https://badinvestmentsadvice.com/whats-your-investing-horror-story/ Have your own investment horror story? Email us at podcast@assetbuilder.com

How do we understand, evaluate, rank, return on investments? Is the S&P really the best Benchmark? Find out today in another jam-packed episode of Keep it Simple.     Have an idea for an episode? We'd like to hear from you! You may also offer any episode corrections or comments. Email us at: podcast@assetbuilder.com   Show notes FINRA https://www.finra.org/investors/learn-to-invest/key-investing-concepts/evaluating-investment-performance  

It's easy to find ourselves making compulsive decisions under duress— and that is especially true of investors. Adam Morse talks candidly on how to keep a steady footing during market volatility and how to wrangle our emotions to keep our investment strategy on track.  Have a suggestion for an episode topic?  Email us at podcast@assetbuilder.com

Annuities are contracts issued and distributed (or sold) by financial institutions where the funds are invested with the goal of paying out a fixed income stream. But are they good for everyone? Find out on today's episode with the great Michael French and Adam Morse.    Find the show notes for every episode at assetbuilder.com/podcast Email us with episode suggestions and comments at podcast@assetbuilder.com

Cryptocurrency is one of the most highly contested subjects in modern-day finance. Should you add it to your portfolio? Find out in today's episode of Keep it Simple with Michael French and Adam Morse.    Email us with episode suggestions and corrections at podcast@assetbuilder.com Find our show notes for every episode at assetbuilder.com/podcast