No Payne No Gain Financial Podcast

In this episode of Payne Points of Wealth, hosts Bob, Ryan, Chris, and Courtney explore the current state of the real estate markets in New York City and nationwide with Pierre Debbas, a leading NYC attorney and founding partner of Romer Debbas, LLP. They discuss the record highs of the NYC real estate market in 2021, driven by low interest rates and post-pandemic demand. With rising interest rates now making homes less affordable, they delve into the future of the market: Will rates continue to climb? Will the market cool down, or can prices surge again? Pierre, with over 20 years of experience in real estate and business law, shares his insights on these pressing questions. Recognized as a Super Lawyer and a thought leader in the industry, Pierre's expertise covers a wide range of transactional matters. Tune in for valuable insights from one of the industry's top professionals. Learn more about Pierre at romerdebbas.com.

In Episode 205 of the Payne Points of Wealth, Bob, Ryan & Courtney dive deep into how the current economic environment is affecting your personal finances. We start by exploring what the stock market is really telling us about Trump's Tariff War, The Big Beautiful Bill's impact on our nation's growing deficit, and what rising interest rates signal about the health of the US economy. And wow, are these factors affecting the financial markets? What does it all mean for your investment portfolio? Next, we shift our focus to the global productivity boom. Companies around the world are becoming more efficient, leveraging technology and innovation to drive growth. We discuss the key drivers behind this productivity surge and its implications for where you should consider positioning your assets for the longer term. This week's The Tipping Point, we conduct a financial autopsy on a portfolio Ryan and Courtney recently reviewed. We uncover the hidden pitfalls that many investors face, including: Extremely high and hidden fees: How these fees can erode your returns over time. Extreme overlap of funds: The dangers of holding multiple funds that invest in the same stocks, particularly in the technology and AI sectors. Lack of consistent income: The importance of diversifying your portfolio to ensure a steady income stream. Underperforming mutual funds: Why most expensive mutual funds fail to beat their benchmarks and what you can do about it. Join us as we unravel the current issues affecting your financial life and provide real-world insights to help you navigate the economic waves and optimize your wealth strategy. Whether you're retired, saving for the future, or just starting out, this episode is packed with actionable steps to guide you on your path to financial independence.

Strong emotions can drive you to make ill-timed decisions when it comes to growing your wealth. Fears of never-ending trade wars, a sinking economy and skyrocketing inflation captured our imagination while stock prices plunged last month. The Media's amplification of doom and gloom can cause a visceral response, luring you into making rash decisions with your hard-earned money. Now, with trade deals being negotiated, wages rising, cost of living moderation, and stock prices climbing, it appears the world isn't going to end. On episode 204 of the Payne Points of Wealth, we address the deep-burning question on everyone's mind: “Is the BIG rally in stocks going to hold?” Join us as we discuss the high levels of fear among professional investors, the “real” state of the US economy, and uncover the underlying conditions that could lead to even more gains in your portfolio. From the US-China trade truce to strengthening economic data, we break down what you need to know to grow your wealth long-term. Whether you're retired, building your financial life, or just getting started, this episode is packed with insights and strategies on how to navigate extreme volatility and stay focused on your long-term goals. Don't miss out on the chance to be prepared for what could be a monumental shift in the stock market!

Fear & Loathing in Today's Economy: Money Mistakes to Avoid In episode 203 of the Payne Points of Wealth, Bob, Ryan, and Chris tackle the financial missteps that can jeopardize your economic well-being in today's volatile market. Join us as we delve into: Panicking to Cash When the market takes a downturn, it's natural to feel the urge to convert your investments to cash. However, this knee-jerk reaction can often lead to missed opportunities and long-term losses. We'll discuss why it's important to stay calm and consider the bigger picture before making drastic changes to your portfolio. Allocating Your Money to Annuities or Private Investments Many insurance products and private investments promise lucrative returns and/or safety, but they come with their own set of risks and challenges. We'll explore the potential rewards and pitfalls of investing in annuities, private equity, venture capital, and other non-public assets. Learn how to evaluate these opportunities and decide if they align with your financial goals and risk tolerance. Doubling Down on the Strategy of the Past Relying on outdated strategies that worked in previous economic climates can be detrimental in today's rapidly changing market. We'll analyze why it's crucial to adapt your investment approach to current conditions and avoid the trap of sticking to old habits. Discover how to stay flexible and responsive to new trends and opportunities. Tune in to gain insights into how to navigate the complexities of the current economy and make smarter financial decisions. Whether you're retired, planning for your financial future or just starting out, this episode will provide valuable advice to help you avoid common money mistakes and protect your financial future.

In episode 202 of Payne Points of Wealth, Bob, Ryan, Chris, and Courtney delve into the critical issues of tariffs, inflation, and their potential impact on the US economy. Join us as we unravel the complex interplay between these economic factors and discuss whether they might be signaling an impending recession. We analyze the latest economic data to uncover its true implications for American businesses and consumers. Additionally, we provide the Payne Capital playbook to strategically position your portfolio in a world where the dollar is depreciating, inflation fears are mounting, and stock prices are volatile. Don't miss this critical conversation that will help you better understand the current economic landscape and optimize your portfolio for the future. Tune in to stay informed and empowered!

In episode 201 of the Payne Points of Wealth, we sit down with Larry McDonald to explore the significant shift from tech stocks to global markets. We delve into the reasons behind the falling dollar, rising interest rates and uncover generational investment opportunities in countries like Brazil. Larry McDonald, the founder of THE BEAR TRAPS REPORT, brings his extensive expertise as a political policy risk consultant to hedge funds, family offices, asset managers, and high net worth investors. As the former Managing Director and Head of US Macro Strategy at Societe Generale, Larry is a frequent guest on Bloomberg TV, CNBC, Fox Business, and the BBC. He is also a New York Times bestselling author, known for his book "Colossal Failure of Common Sense." Tune in to gain valuable insights from one of the industry's leading voices!

Episode 200: Join Ryan, Chris, and Courtney as they dive into a wide-ranging discussion with Rich Antoniello, the visionary Founder & Former CEO of Complex Networks. Rich, now the Executive Chairman at UPROXX Studios and Chairman of FORT NASH, shares his insights on the current state of the economy, the evolution of post-COVID office culture, the real efficiency of AI, and the dynamic media business landscape.   Under Rich's leadership, Complex Networks transformed into a leading youth culture media powerhouse, delivering groundbreaking content across multiple platforms and growing into a multi-brand media empire. Under Rich's guidance, Complex was acquired by Verizon/Hearst in 2016 and then to Buzzfeed in 2022.   Tune in for an engaging conversation that spans the intersection of business, technology, and culture, featuring one of the industry's most influential figures.

In episode 199 of the Payne Points of Wealth, Ryan, Chris & Courtney discuss what proactive moves you can make with your investment portfolio to safeguard against the current market volatility, as the U.S. embarks on a global trade war. Join us as we discuss the right and wrong way to position your money right now to ensure your wealth remains secure, even in the face of economic uncertainty. We'll cover: Understanding the Market Sell-Off: What led to the downturn and what to expect next Safe Haven Investments: Discover the most effective ways to protect your money Diversification Tactics: How to spread out your investments to minimize risk Expert Tips: Proven strategies from top financial advisors Real-Life Scenarios: Hear how we advised individuals to navigate past uncertainty successfully Don't miss this essential guide to financial survival and prosperity. Tune in and take control of your financial future today!

On episode 198 of the Payne Points of Wealth, Bob, Ryan, Chris, and Courtney break down the recent market sell-off as Trump 2.0 tariffs loom large over the global economy, threatening to trigger a US recession. With business uncertainty at an all-time high, investors are left wondering: Is any portfolio truly safe? Join us as we delve into the impact of trade wars, plunging AI stocks, and geopolitical conflicts on your current investments. We'll discuss strategies to navigate these turbulent times, mitigate risks, and identify potential safe havens for your money. Whether you're a seasoned investor planning for retirement or just starting your savings journey, this episode offers valuable insights to help you weather the current tariff storm and make informed decisions in these volatile times.

In this urgent episode of the Payne Points of Wealth, Bob, Ryan, Chris & Courtney dive deep into the recent stock market sell-off and its implications for your investment portfolio. With uncertainty over tariffs, economic and earnings growth high, it's more critical than ever to allocate your hard-earned money properly. Join us as we explore commonsense strategies to protect your portfolio during these turbulent times. From broadening out your investment exposure to understanding how to properly safeguard your assets, we share our playbook and insights to help you navigate the current financial storm. Don't miss out on this essential guide to securing your financial future!

In episode 195 of the Payne Points of Wealth, Bob, Ryan & Courtney discuss the recent stock market volatility and explore whether the Trump-era policies are to blame. Join us as we analyze the factors contributing to the current selloff, from trade wars to January's weak economic data. We provide our expert insights on the market's near-term outlook and offer actionable strategies for investors to grow and protect their wealth amidst uncertainty surrounding Trump 2.0's new economic policies. Don't miss this critical discussion on the forces shaping our financial landscape and the potential long-term impacts on your financial future.

On episode 194 of the Payne Points of Wealth, Bob & Ryan sit down with John Catsimatidis, a man whose journey from humble beginnings to billionaire status is nothing short of inspirational. Born on the Greek island of Nisyros and arriving in the United States as an infant, Catsimatidis' story is a testament to the power of perseverance, hard work, and vision.   Join us as we explore how Catsimatidis built his empire, starting with grocery chains in Manhattan, expanding into the realms of real estate, oil, aviation, and radio through his Red Apple Group. Discover the challenges John faced and the strategies he employed to become one of the most successful American businessmen of all time. We'll also discuss his political aspirations, including a bid for the Republican nomination for mayor of New York City in 2013.   Tune in as we delve into the extraordinary life of John Catsimatidis, a man who turned his dreams into reality and became a billionaire against seemingly impossible odds. This episode is a must-listen for anyone seeking motivation and insight into the mind of a self-made success.

In this urgent episode, Bob, Ryan, Chris & Courtney tackle the latest economic developments as the dollar weakens and new tariffs loom on the horizon. What does this mean for your investments and financial strategy? Join us as we analyze the potential impacts on global markets, discuss the sectors most at risk, and explore actionable strategies to reposition your portfolio. Whether you're preparing for retirement or just starting your financial journey, this episode is packed with expert insights and practical advice to help you navigate these uncertain times. Tune in to stay ahead of the curve and make informed decisions for your financial future!

In episode 192 of the Payne Points of Wealth, we chat with Sean Fieler, President and Chief Investment Officer (CIO) of Equinox Partners Investment Management, about looming inflation risks and the exciting (often wild) opportunities in frontier markets like Kazakhstan, the Republic of Georgia, and beyond.   Sean leads a team at Equinox Partners, a Connecticut-based asset management firm renowned for its strategic, long-term investments in high-quality public companies. Mr. Fieler and his associates specialize in acquiring businesses that trade below their intrinsic value, with a strong emphasis on corporate management and governance.   Join us as Sean shares his insights on inflation and uncovering hidden investment gems in emerging markets. Discover how his extensive travels and hands-on approach with portfolio companies and shape his investment strategies. Tune in for an enlightening discussion on protecting your wealth and exploring new frontiers in the world of investing!

In episode 191 of the Payne Points of Wealth, hosts Bob, Ryan, Chris, and Courtney dive into the possible effects of President Donald Trump's policies on the stock market. Could his administration trigger a dramatic surge in stock prices, or might it result in a severe decline? Tune in as we analyze historical trends, evaluate the current economic climate, and provide our expert insights on what could unfold under Trump's leadership—and how you can safeguard your finances. Whether you're currently retired, planning your financial future, or just beginning your savings journey, this episode is a must-listen!

In episode 190 of Payne Points of Wealth, we delve into the world of Bitcoin with Anthony Pompliano, the Founder & CEO of Professional Capital Management. Anthony, an army veteran and entrepreneur-turned-investor, has built and sold multiple companies and led Product & Growth teams at Facebook and Snapchat. He also manages one of the largest independent financial media platforms and writes The Pomp Letter, a daily newsletter for investors interested in Bitcoin, finance, and technology. We discuss the potential risks and rewards of investing in this volatile cryptocurrency and examine how Trump 2.0 policies could impact the overall market. Whether you're a long-term investor planning for retirement or just curious about the crypto craze, this episode is packed with valuable insights to help you navigate the new virtual currency landscape. Tune in to find out if Bitcoin is a boom or bust! from one of the most influential voices in the cryptocurrency universe today.

On episode 189 of the Payne Points of Wealth, we dive into a spirited discussion with Alexandria “Ally” Chun, a dynamic recent college graduate who has already made waves in various fields. From producing a New York Fashion Week show to serving as the elected representative for 1.2 million students as a SUNY Trustee, Ally's journey is nothing short of inspiring. With a passion for brand development, she thrives on transforming bold ideas into impactful moments and meaningful relationships. Tune in to hear Ally's unique insights on wealth building, politics, and the beliefs that drive Generation Z, a group that now makes up about one in five Americans—approximately 68 million strong!

On Episode 188 of the Payne Points of Wealth, we sit down with Keith Tessler, the owner and CEO of CMIT Solutions in the Greater Philadelphia Area. Keith's company specializes in technology and cybersecurity, serving hundreds of companies and thousands of users. Join us as Keith reveals:   The shocking scale of cybercrime How your email could be a gateway for hackers The sneaky tactics hackers use, like cookies, spoofing and fake websites Tips to spot phishing emails The dangers of imposter social media posts How to test the strength of your passwords Safe internet practices in public spaces like coffee shops The importance of sending and receiving encrypted emails Don't miss this eye-opening discussion on how to protect yourself and your finances from cyber threats!

Welcome to episode 187 of the Payne Points of Wealth. In this episode, we discuss the current investing landscape and uncover the top long-term opportunities for 2025. Join Bob, Ryan, Chris & Courtney as they breakdown how to determine what are the right investments to own in your portfolio to help you secure your financial future.   We'll explore the current state of the US economy and how Trump 2.0 policies may affect your net worth, highlight key areas to potentially allocate your capital and offer practical tips on diversifying your money. Whether you're a long-term investor planning for retirement or just starting your wealth building journey, this episode is packed with valuable insights to help you make smart financial decisions and balance the risk and return on your portfolio. Don't miss out on the chance to gain insights from seasoned wealth experts and elevate your financial future to new heights!

In episode 186 of the Payne Points of Wealth, Bob, Ryan & Chris explore the alarming signs that suggest we might be on the verge of another Dotcom-like Bubble. With AI stocks and cryptocurrencies soaring to unprecedented heights and many public company valuations elevated, are we heading for a repeat of the early 2000s crash that wiped out $5 trillion in market value or does this Big Booming Bull Market have a lot further to run? Join us as we delve into the data, discuss current and past market conditions, and analyze the potential risks of today's AI tech-driven economy and stock market. Don't miss this prescient discussion that could help you make better decisions on how to allocate your capital for retirement.

In episode 185 of the Payne Points of Wealth, we sit down with James “Jim” Grant, the esteemed American writer and publisher behind Grant's Interest Rate Observer. Since 1983, Jim has been providing keen insights into the financial markets through his twice-monthly journal. With several books on finance and history to his name, Jim brings a wealth of knowledge to our discussion.   Join us as we delve into the potential bubbles and euphoria in today's market, explore the rich history of financial markets, and discuss the past and future of interest rates. Discover how these factors might impact your portfolio and gain valuable perspectives from one of the industry's most respected voices.

Join us for Episode 184 of the Payne Points of Wealth as we dissect the current stock market frenzy. Is the post-election rally just getting started or are investors late to the party? Bob, Ryan, Chris & Courtney discuss the current market exuberance, provide a historical context to the current trading environment and share their insights on how to position your portfolio now. Whether you're growing your wealth for retirement or just curious about the market's wild ride, this episode is packed with valuable information and perspectives you won't want to miss. Tune in to stay ahead of the curve and make sense of the current market madness! 

Join Bob, Ryan, Chris, Courtney, and Gaurav as they break down the euphoric state of the stock market post-election. Is it turning into a high-stakes casino? Are investors making risky bets with their hard-earned money? We'll dive into the latest trends, including whether high-flying investments like Bitcoin and Nvidia should be in your portfolio. Plus, we'll cover Wall Street's latest expectations for the economy and the stock market, and what it all means for your financial future. Tune in to find out if your retirement savings are at risk and how to protect your financial health in these volatile times. Don't miss this crucial conversation!

In this episode of the Payne Points of Wealth, Bob, Ryan & Courtney discuss the potential financial impacts of a Trump presidency on your investment portfolio. From stock market volatility and tax policy changes to shifts in regulation and trade agreements, we cover it all. Join us as we explore: The potential for more persistent inflation and what it means for your investments. The impact of deregulation and potentially lower taxes for companies and individuals   The influence on interest rates and its implications for bonds, stocks and cash Tune in to get our latest thoughts and practical advice on where to allocate your capital given the recent shift in our political landscape.  Whether you're just starting your savings journey or planning for retirement, this episode is filled with timely insights to help you secure your financial future post-election. Don't miss out! 

Episode 188: The Retirement Horror Show   Welcome to a spine-chilling episode of the Payne Points of Wealth! As Halloween arrives, Bob, Ryan, Chris & Courtney dive into the scariest retirement mistakes that could haunt your golden years. From financial pitfalls to lifestyle blunders, these are the terrifying truths no one warns you about. Join us as we uncover the shocking realities and share tips to avoid these retirement nightmares. Don't miss out—your future self will thank you!

In episode 180 of the Payne Points of Wealth, Bob, Ryan & Chris discuss the current economic landscape to answer the burning question: Is inflation making a comeback? Join us as we explore what factors may reignite inflation, its potential impact on your finances, and most importantly, how you can safeguard your investments. We will share actionable strategies to protect your portfolio and ensure your financial stability in these extremely uncertain times. Don't miss out on this essential guide to navigating the challenges of a rising inflation environment! Tune in and stay ahead of the curve! 

Are you making the right decisions with your portfolio ahead of next month's presidential election? In this episode of the Payne Points of Wealth, we break down the mistakes many investors are making before Americans head to the polls on November 5th. Join Ryan, Chris, and Courtney as they analyze historical trends, current market conditions, and how stocks typically behave once election uncertainty is over. Whether you're retired now or building wealth for financial independence, this episode will help you block out the political noise and make smarter, more pragmatic decisions to grow your money long-term. Tune in now and get ready to navigate the election uncertainty like a pro!

Join Bob, Ryan, and Chris as they dive into the recent jumbo-sized interest rate cut by the Federal Reserve. Could more interest rate reductions ignite a massive stock market melt-up? We'll explore what recent market activity is signaling about interest rates, inflation and how they may affect your investment portfolio. Whether you're planning for retirement or just curious about the financial world, this episode is packed with unique insights you can't miss. Tune in to stay ahead and understand the potential impacts on your wealth.

Join Bob, Ryan, Chris, & Courtney as they dive into China's recent economic turmoil amidst a massive financial stimulus package from Beijing. With headlines about a continued slowdown and whispers of a recovery, what's the real story? Discover how China's economic fate impacts global markets and your investment portfolio. Are you ready for a potential economic storm, or is there a silver lining ahead? Tune in for our latest insights on how to navigate these uncertain times!   Don't miss episode 177 of the Payne Points of Wealth, to stay ahead and secure your financial future!

In this eye-opening episode of the Payne Points of Wealth, Ryan & Chris delve into the hidden forces of human nature that are quietly undermining your investment success. Join us as we explore the psychological traps and emotional biases that lead to poor financial decisions. From the fear of missing out (FOMO) to the allure of herd mentality, we uncover how these innate tendencies can sabotage even the most well-thought-out investment strategies. Tune in to learn practical tips and strategies to recognize and overcome these pitfalls, empowering you to take control of your financial future and achieve lasting success. Whether you're a long-term investor planning for retirement or just starting out, this episode is packed with valuable insights to help you navigate the complex world of investing with confidence and clarity.

In episode 175 of the “Payne Points of Wealth,” we tackle the key challenges of securing your financial future as you age. Everything from rising healthcare costs to inflation, and lifestyle choices can jeopardize your financial stability. Whether you're nearing retirement or just starting to think about your long-term financial goals, this episode provides valuable advice and practical tips to help you make better-informed decisions about your wealth. Tune in to learn how to create a robust plan that supports your dreams and ensures a comfortable, worry-free future.

In the latest episode of Payne Points of Wealth, we explore the foundational investment principles imparted by Bob, whose eminent investing career spans over five decades. Join us as we delve into the timeless strategies and philosophies Bob has developed and shared with Ryan and Chris, shaping their financial beliefs, and becoming the guiding principles of our Firm, Payne Capital Management. From understanding how human behavior influences financial markets to the value of being a lifelong learner, this episode is packed with practical advice and personal anecdotes that underscore the enduring relevance of Bob's teachings. Whether you're just beginning your financial journey or you're a seasoned investor planning for retirement, you'll uncover valuable insights to enhance your wealth-building efforts.

In episode 173 of the Payne Points of Wealth, we dive into the potential market volatility that could be triggered by the upcoming election.

In episode 172 of the Payne Points of Wealth, Bob, Ryan & Chris dive deep into the financial landscape of 2024 to uncover why cash, even if it is parked in a 5% money market fund remains a poor choice for your wealth. Join us as we explore the hidden truths and expert insights that reveal the pitfalls of holding onto too much cash in today's rapidly evolving economy. From inflation to investment opportunities, we'll break down the factors that make cash a liability rather than an asset. Tune in to learn how to protect and grow your wealth in a world where cash is still trash!

In episode 171 of Payne Points of Wealth, we cover recent IRS changes to inherited retirement accounts and their potential impact on your financial plan. We'll highlight potential risks, common mistakes, and steps you can take to protect your retirement savings, by reducing taxes and staying compliant with IRS rules.

Markets have been rocked by volatility after a prolonged period of calm. Since Friday, we've seen a significant wave of stock selloffs, largely driven by the unraveling of the once-profitable Japanese Yen Carry Trade. Bob, Ryan, and Chris break down the dramatic twists and turns that have led to the unwinding of this very risky strategy and discuss its implications for global markets and your portfolio!

Are money market funds dangerous for your financial health? In the latest episode of The Payne Points of Wealth, Bob, Ryan, Chris & Courtney discuss the implications to your financial health, sitting with too much money in cash, even if the interest rate is high.

Global growth is starting to pick up - broaden your portfolio It's Episode 162 and the naysayers are talking recession again and we've seen a bit of market selling. With all the great opportunities out there, we think it's a mistake to sell in May and go away. Global growth is picking up, China is emerging from recession, and demand for commodities like copper is surging. International markets are at record highs yet most markets are on sale right now and present a great chance to broaden your portfolio.

Can an engineer make a good investment manager? When it comes to our guest Bob Killen, the answer is yes. In his early years, Bob worked as an aerospace engineer at Pratt & Whitney and later at GE. For family reasons, he went on to change careers and founded an investment firm, The Killen Group where he had great success for over 55 years as an investment manager. Bob discusses how his background as an engineer was an asset in his investing career by applying skills such as in-depth research and math-oriented thinking, as well as understanding physical processes. Bob and the three Paynes cover many interesting topics and we hope you join us for this episode of Payne Points of Wealth.

Maria Bartiromo made history in 1995 as the first journalist to report from the New York Stock Exchange - let alone the first female journalist to do so in a sea of suits. We are so happy to speak with her today on this episode 157 of Payne Points of Wealth.   Maria's story is a classic American story. From an immigrant family that understood the value of hard work, this Brooklyn girl reached for the stars and made a name for herself as a top financial journalist.    Maria has covered business and the economy for over 30 years. From launching CNBC's Squawk Box, anchoring the Closing Bell with Maria Bartiromo to currently hosting Sunday Morning Futures on Fox News and Mornings with Maria on Fox Business, where Ryan frequently appears.   Our interview covers a wide range of topics, and we hope you check it out.    Learn more at bartiromo.com Read about her shows at: foxbusiness.com/shows/mornings-with-maria foxnews.com/shows/sunday-morning-futures https://www.foxbusiness.com/shows/maria-bartiromos-wall-street

  This week we talk to our guest and colleague Jennifer Angell, CFA® who recently renovated her condo in Miami. We discuss some of the parallels between financial planning and home renovation.