Stacks of Cash

Monterey Wealth provides a market update while many economic changes are happening around us as we enter the Fall season. Most importantly are the likely changes to the Federal Reserve policy commencing in September as we transition to a lower interest rate environment. How does this impact the global and domestic markets? Listen to find out. www.montereywealth.com 

In the previous episode, Monterey Wealth discussed the advantages of rebalancing an investment portfolio when choosing a customized allocation. However, many participants are invested in target date funds within their retirement plans.  This can lead to many questions. What are target date funds?How does my asset allocation change over time?Do I need to rebalance the target date funds?Monterey Wealth answers all of these questions and more. 

In this episode Monterey Wealth discusses the importance of rebalancing your investment portfolio and the tools at your disposal to automate your rebalancing efforts. 

In this episode, Monterey Wealth break down the interview with Jerome Powell, the Federal Reserve Chairman. Highlights include: Sentiment driving Q4-2023 equity returnsExpectations on future Federal Reserve decisionsHow Jerome Powell's comments may have shifted interest rate expectations in 2024. If you have any questions, please visit us at www.montereywealth.com. 

Trusts can play an important role in the Estate Planning process. In this episode we discuss.What happens, practically speaking, when someone dies.Why Trusts can expediate the process for your heirsWho is the right person to be a TrusteeBenefits of having a Trust If you have any business-related questions, Devin's contact information is below:Devin B. PhillipsWeener Nathan Phillips LLP(Phone) (770) 392-9004(Email) dphillips@wnpllp.com

Monterey Wealth host Seth Toporek, Founder and Owner of Southeastern Mortgage Solutions, to discuss the current landscape of the mortgage and real estate market. In this episode we discuss: How have interest rates impacted the mortgage business. What tools can be used when taking a mortgage in this environment. How does Southeastern Mortgage Solutions consult their clientsIf you have any questions, you can contact Seth directly at 770-452-1424 or email him at seth@semtgsolutions.com. 

What do Mark Cuban, Arthur Blank and Walt Disney all have in common? Each were laid off from their respective companies before going on to start their own business and become successful business owners. Companies have, yet again, started layoffs. This poses an opportunity for some to become a business owner. But where to begin? In this episode Monterey Wealth is joined by Devin Phillips, partner of Weener Nathan Phillips LLP, who specializes in helping business owners mitigate risk when forming new companies. Devin touches on the pros and cons of: Sole Proprietor, Corporations and LLCs as well as many other important things one should consider when creating a business.  If you have any business-related questions, Devin's contact information is below: Devin B. PhillipsWeener Nathan Phillips LLP(Phone) (770) 392-9004(Email) dphillips@wnpllp.com

As a continuation to our Silicon Valley Bank episode, Monterey Wealth discusses the newest developments from the regional banking world. Many updates have occurred in this sector over the last 30 days including:The continued rising interest rate environmentImpact of continued rising interest rates on the banksNewest bank worries and acquisitionsMW's view on where the banking sector could be headed next. We invite you to listen to our latest episode. Please reach out to us at www.montereywealth.com if you have any questions. 

As the regional and community banks are under pressure and monopolizing the news cycle, Monterey Wealth discusses what is actually going on with Silicon Valley Bank (SVB) and how this could potentially be a catalyst for other regional banks. Episode highlights include: How banks, in general, make moneyThe impact rising interest rates had on SVBThe core issue that caused a run on SVBWhat you can do to protect your bank depositsIf you have any questions, please contact us at www.montereywealth.com. 

As we close the month of February, Monterey Wealth discusses the current status of the economy and capital markets. Looking through their lenses, they share what they have their eye on: Conference Boards Leading Economic IndicatorsThe Money Supply Inflation StickinessWe invite you to subscribe to our podcast or visit our website at www.montereywealth.com 

Monterey Wealth discusses their outlook as the calendar turns and we head into 2023. In addition, they touch on: Market UpdatesHow the election results could impact the stock marketCEO sentimentsLeading IndicatorsIf you have any questions, please feel free to visit www.montereywealth.comEnjoy!

Taking a break from financial news and topics - Monterey Wealth dives head first in the discussion of home grills. Which is better Traeger Pellet Grill or a Big Green Egg? We explain, you decide! 

You've inherited an IRA, now what? Over the past couple of years, the rules regarding beneficiary IRAs have evolved coming out of the SECURE Act. The distribution rules can be quite confusing in cumbersome for you. In this episode, Monterey Wealth explain the recent updates to the Beneficiary IRA distribution rules and provide some potential items for you to discuss with your tax advisor. 

The last market update from Monterey Wealth was on 7/20/2022. Since then, the markets have experienced increased volatility and angst among investors. In this episode Monterey Wealth covers:What is causing the volatility?Update on interest rates and the Federal Reserve policyWhat is Monterey Wealth doing for their clients?If you have any questions or comments, please visit www.montereywealth.com. 

We constantly hear on the news why rising interest rates are bad for the economy and could eventually lead to a recession. What we never hear are the positives of rising interest rates.To all our savers out there - you'll want to listen up. There is finally some good news regarding potential short term saving options. https://montereywealth.com

What if we were to tell you that if you invested $10,000 in the S&P 500 on 12/31/2006 and left it alone for 15 years, you would have $45,682 on 12/31/2021? That's a 10.66% annualized total return.!What if you tried to time the market and missed: Best 10 days in the market? $20,929 (5.05% annualized total return)Best 20 days in the market? $12,671 (1.59% annualized total return)Best 30 days in the market? $8,365 (-1.18% annualized total return)It's nearly impossible to "time the market". *Data is historical. Past performance is not a guarantee of future results. For informational purposes only. Not an investment recommendation. https://montereywealth.com

Monterey Wealth is excited to invite Guest Host Devin Phillips, Partner of Weener, Nathan, Phillips, LLP back to discuss the importance of creating and updating your Estate Plan. Devin touches on the basics and differences between Revocable vs. Irrevocable Trust as well as examples of when each Trust can be beneficial. For any question, please reach out to Monterey Wealth at http://montereywealth.com. For any legal advice or legal questions, contact Devin Phillips at https://www.wnpllp.com/ or email him at dphillips@wnpllp.com.

Monterey Wealth is excited to invite Guest Host Devin Phillips, Partner of Weener, Nathan, Phillips, LLP to discuss the importance of creating and updating your Estate Plan. Devin touches on the basics and differences between simple Last Will and Testaments, Probate Court and why updating your beneficiaries on various assets is crucial. For any question, please reach out to Monterey Wealth at http://montereywealth.com. For any legal advice or legal questions, contact Devin Phillips at https://www.wnpllp.com/ or email him at dphillips@wnpllp.com. 

Monterey Wealth revisits an episode on inflation that was recorded in July 2021. Over the course of the year, the messaging from the Federal Government and the Federal Reserve Bank shifted from "transitory inflation" to more longer-term inflation. We discussed the three main reasons why inflation is still running hot. If you have any questions, please do not hesitate to reach out to us at http://montereywealth.com

In this episode Monterey Wealth focuses their attention to the world of Term Life Insurance. The guys cover:Term vs. Permanent Life InsuranceWays Term insurance can protect against premature deathHelp answer the question: How much life insurance do I need?As always, if you have any questions, we invite you to visit www.montereywealth.com or reach out to us with any questions. Enjoy! 

Most investors are familiar with the S&P 500 index but few investors know how the index is comprised. In this episode Monterey Wealth tackles:Market Cap Weighted vs. Equal Weighted IndexesValue Companies vs. Growth CompaniesWhat causes volatility in the marketIf you have any questions, please visit us at www.montereywealth.com. Enjoy! 

One of the questions asked so often when meeting with our 401(k) plan participants: What is the difference between Roth 401(k) contributions vs. Pre-tax 401(k) contributions? In this six minute episode Monterey Wealth will explain the differences and provide examples to help answer that very question.  www.montereywealth.com

The recent war between Russia and Ukraine has sparked additional volatility into the markets. These geo-political challenges coupled with an uncertain interest rate environment, caused Monterey Wealth to provide their thoughts on current events and how they will impact your wallet. www.montereywealth.com

In the first episode of 2022, Monterey Wealth discusses the recent volatility in the market, what is causing the volatility and how investors should approach large swings in the market. 

In this episode, Monterey Wealth invites Social Security expert, Faye Sykes of Social Security Benefit Planners, to the podcast to discuss a variety of Social Security topics and success stories. If you have any questions, please feel free to Faye Sykes at fsykes@socialsecuritybp.com or visit her website at https://socialsecuritybp.com/. To receive $97 off your planning fee, use code STACKSOFCASH at  https://socialsecuritybp.com/select-your-plan/. 

Ever wonder what you should be looking for in a financial advisor? Better yet, do you even need a financial advisor? In this episode we cover:How to determine if you need an advisor. What to look for when hiring an advisor.Red Flags when vetting a potential advisor. We welcome you to listen to this episode. As always, if you have any questions, please feel free to reach via our website at www.montereywealth.com.

How saving in your 401k plan can "snowball" in size over time. In this episode we cover:The concept of Compound InterestReal life examples of the importance of savingHow saving will impact your paycheck todayImportance of taking advantage of your employer match

Does it feel like you are paying more for items you use everyday? The reason you are is inflation. In this episode Monterey Wealth discuss the following topics:What is inflation?What causes inflation?Winners and Losers in an inflationary environmentWays to curb inflationwww.montereywealth.com

In this episode Monterey Wealth discusses cryptocurrencies, such as Bitcoin, and why there is a buzz around it. Highlights from the episode include: What is Currency?Currency throughout historyWhat role do Central Banks play?Alternative forms of currency and why do they exist?Are Cryptocurrencies here to stay?For more information, visit our website at www.montereywealth.com 

In this episode Monterey Wealth touches on the following topics:Market Update (January - May)Inflation driving volatility in the marketValue Stocks vs. Growth StocksWhat has Monterey Wealth done to position their clients' portfoliosOur outlook for the remainder of 2021http://montereywealth.com

In this episode Jay and David discuss the current Mortgage Refinance environment and what considerations you should be mindful of before refinancing your home. What is a refi?Primary Mortgage vs. HELOCWhen does it make sense to refi?How much does a refi cost?What is a no cost refi?

Gamestop? The video game retailer? Why do I keep hearing their name in the news? In this episode we will discuss:What is going on with Gamestop and why it is in the newsFamiliarize you with some of the relevant financial termsExplain why the price of Gamestop stock rose significantly overnight and the blowback that many of the trading platforms received as a result

In this episode we discuss a concept that makes most people uneasy - personal savings. We also share our personal experiences with saving as well as:Traits of Successful SaversWorking from ahead, not behindHow to handle debtDevelop specific targets to reach your goals

In this episode we discuss what happened in the markets in 2020 and where we expect the markets to head in 2021. Topics include:Why was the market up in 2020 in the midst of COVID-19?What impact do low interest rates have on the economy and the markets?Expectations for 2021 market performance.