Podcasts about CFA

You can get a perfect workout plan and still never get in shape. The science is right there. The exercises are correct. But knowing what to do and actually doing it when you don't feel like it are two completely different problems. That's why personal trainers exist — not to hand you better information, but to make sure you show up and follow through. Investing works the same way. In this episode of Off The Wall, David B. Armstrong, CFA and Nate Tonsager, CFA, CIPM make the case that behavior — not strategy — is the real variable in investment returns. They break down dollar-cost averaging as a structural accountability tool, walk through what the Vanguard lump-sum data actually says (and the hidden assumption most people skip over), and show how pre-set triggers turn market sell-offs into buying opportunities instead of reasons to freeze. The TLDR: the best investment strategy isn't the one with the highest expected return. It's the one you'll actually stick with when the market is down and your instincts are telling you to do something about it. Because in investing, you don't win in the spreadsheet. You win in the chair.     Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures   Episode Timeline/Key Highlights: 0:33 — Vinyl And Setup 2:42 — Volatility Makes Cash Decisions Hard 3:06 — Dollar Cost Averaging Explained Simply 5:35 — Why 401(k) Autopilot Works 6:57 — Vanguard Data And The Hidden Assumption 10:10 — DCA Triggers To Buy Selloffs 12:30 — Experience Changes How Pullbacks Feel 15:06 — Stop Hunting For The Perfect Bottom 17:50 — Missing Best Days And Political Noise 24:20 — Time Horizons And Cash As An Asset 29:57 — Dalbar Study And The Value Of Advice 24:20 — Wrap-Up Plus AMA Call For Questions   Connect with Monument Wealth Management:    Visit our website: https://monumentwealthmanagement.com/   Follow us on Instagram: https://www.instagram.com/monumentwealth/#   Connect on LinkedIn: https://www.linkedin.com/company/monument-wealth-management/   Connect on Facebook: https://www.facebook.com/MonumentWealthManagement   Connect on YouTube: https://www.youtube.com/user/MonumentWealth#Fit   Subscribe to our Private Wealth Newsletter: https://monumentwealthmanagement.com/subscribe/   Check out our Between Sips Podcast: Where Money Meets Meaning Because money without meaning never feels like wealth. https://monumentwealthmanagement.com/between-sips-podcast/   About "Off the Wall":    Markets are noisy. Your time is limited. Off The Wall cuts through the clutter. Hosts David B. Armstrong, CFA and Nate Tonsager, CFA, CIPM bring you straightforward, candid insights about what's really moving markets and why it matters for successful investors. From economic shifts to portfolio positioning, we break down the complexities so you can invest with intention and stay grounded when headlines and life feels chaotic.   Learn more about our hosts on our website at https://monumentwealthmanagement.com 

  Après le match perdu contre la France la semaine dernière, les Lions de la Téranga se sont cette fois heurtés aux Norvégiens. « Une nuit cauchemardesque », titre le Soleil.  Des Lions piégés par leurs erreurs défensives, juge Dakar Actu. « Pour le Sénégal, cette défaite laisse beaucoup de regrets », estime le site, qui trouve que les Sénégalais ont montré de l'envie, surtout en seconde période, mais que leurs erreurs défensives leur ont coûté très cher. Trop d'approximations, pour Dakar Actu.  « Le Sénégal voit la qualification s'éloigner », juge Sénéplus. Mais le site Senego veut encore y croire. Il nous explique par quels moyens les Lions de la Teranga peuvent encore espérer se qualifier pour les huitièmes de finale. Car oui, malgré deux défaites et zéro point, c'est encore possible. Les huit meilleurs troisièmes des douze groupes ont une place en huitièmes, mais pour y parvenir, résume Senego, il faudra une victoire, de préférence large, contre l'Irak. Ce sera vendredi soir.  Opération assainissement à Kinshasa  Des bottes jaunes, une combinaison bleue. Une autre équipe a déferlé sur Kinshasa. Ils sont déjà 600 bâtisseurs de la Nation arrivés dans la capitale congolaise. Au total, ils seront 4 000. Leur mission : « participer au vaste chantier d'assainissement de la ville, sous la supervision du Service national », explique Radio Okapi. Une « task force » composée d'anciens Kulunas, des « bandits urbains ».  Le chef de cette task force, le lieutenant-général Jean-Pierre Kasongo Kabwik, les dit bien préparés. Il demande à chacun de les juger sur les résultats.  Le site Beto.cd souligne toutefois l'ampleur de la tâche qui attend ces bâtisseurs. « Une campagne de 90 jours, même menée par 5 000 hommes, se mesure à un gouffre. Kinshasa produit chaque jour quelque 8 400 tonnes de déchets, dont un quart seulement est collecté », explique le site, qui semble quelque peu circonspect. Il rappelle qu'il y a déjà eu un certain nombre d'opérations de nettoyage par le passé, et conclut ainsi : « L'assainissement de Kinshasa est un test qui mesure la capacité d'un État à transformer un coup d'éclat en politique publique. Dans 90 jours, les caniveaux seront curés ou rebouchés. La vraie question est de savoir ce qu'il en restera au 91e jour ». Où sont passés les 1 000 milliards de la société des eaux du Gabon ?  C'est Gabon Review à Libreville qui pose la question. Le site a voulu savoir à quoi correspond cette somme mise en avant par les autorités. Gabon Review promet donc une « explication en français facile ».  Depuis août 2023, c'est-à-dire depuis la chute d'Ali Bongo et l'arrivée du nouveau pouvoir, 1 000 milliards de francs CFA auraient été investis dans la Société d'eau et d'énergie du Gabon.  Mais le compte n'y est pas, nous dit Gabon Review, qui a pu consulter un document officiel recensant 15 projets pour une somme de 509 milliards de FCFA, à peine plus de la moitié des 1 000 milliards. « Ce n'est pas un petit écart, c'est un trou énorme. Et pour l'instant, personne n'a expliqué ce que cache cette différence », dit le site, qui explique qu'en plus, le document met en avant des chantiers lancés avant août 2023.  Gabon Review demande donc des explications. « Avec l'argent public, un chiffre qu'on ne peut pas vérifier, c'est justement ce qui entretient le doute », conclut le journaliste.  Maroc : dans le Rif, la légalisation du cannabis profite encore peu aux producteurs locaux Au Maroc, cinq ans après la légalisation du cannabis à usage médical et industriel, Le Monde Afrique nous conduit dans le grenier à haschich de l'Europe avec un reportage dans les montagnes du Rif. Cette légalisation devait transformer une économie longtemps informelle en filière encadrée et porteuse de développement, mais les effets restent contrastés, écrit la correspondante du Monde, qui s'est rendue dans la région. Les producteurs se sont organisés en coopératives, mais plusieurs acteurs pointent un accompagnement insuffisant de l'État : absence d'aides, de système d'assurance et de soutien technique. « Il faut une vraie étude de terrain, pas une gestion depuis Rabat », ce sont les mots d'un responsable de l'une des coopératives. 

Strategy's recent sale of 32 Bitcoin came with unusual framing: Michael Saylor said the purpose was to "inoculate the markets." Glenn Cameron, Global Head of Institutional at Onramp Bitcoin, reads that word as preparation for larger Bitcoin sales ahead, walks through the STRC prospectus and the pressure points (Strategy now trading at 84% of NAV, the cash reserve cut to roughly seven months after redeeming a 0% convertible note, the board-suspendable dividend), and lands on the sharpest argument: 83% of STRC holders are retail investors sold a product marketed as "a high yield bank account" that's structurally junior equity on a volatile Bitcoin company.---

This week on the IBA Insider Podcast, hosted by Neil Fraser, CFA, our experts unpack three of the biggest stories shaping aviation today:Fleet Risk Management in Conflict Scenarios – Jordan Amos explores how lessors and airlines can strengthen resilience and protect assets in an increasingly uncertain geopolitical environment.Norwegian's Leisure Bet – James Li-Tremble examines the airline's strategy of owning the holiday experience, not just the flight, and what it means for the wider market.Can African Aviation Weather the Fuel Crisis and Keep Growing? – Dan Taylor discusses the impact of rising fuel costs and the outlook for one of aviation's most dynamic regions.Sign up for the newsletter - https://www.iba.aero/sign-up/LinkedIn - https://www.linkedin.com/company/iba-aviation-consultancy/YouTube - https://www.youtube.com/channel/UCSkPhTf-05htY99V79fklMAWebsite - www.iba.aero

In this episode of the InsuranceAUM.com podcast, host Stewart Foley, CFA, is joined by Josh Ufberg, Senior Managing Director at Blue Owl, to discuss the evolution of the credit secondaries market and why it is becoming an increasingly important part of the private credit landscape. As private credit continues to grow, Josh shares his perspective on how secondary transactions can provide liquidity solutions while creating opportunities for investors seeking attractive risk-adjusted returns.   Stewart and Josh explore how credit secondaries work, how value is created through discounted purchases, accrued cash flows, and transaction structuring, and why insurers may find the asset class particularly compelling. They also discuss diversification, capital efficiency, shorter-duration exposures, and the broader role credit secondaries could play in insurance portfolio construction as the market continues to mature.

After 250 episodes of the Balancing Act podcast, the host becomes the guest. Producer Nick Temte steps out from behind the glass to interview his dad — and usual host — Andy Temte, in a milestone conversation about where the show started, what 250 episodes have taught him, and where it's all going. Dr. Andrew (Andy) Temte, CFA, is an author, musician, and the former CEO of Kaplan Professional Education. He's the author of Balancing Act: Teach, Coach, Mentor, Inspire and The Balanced Business, with two more books on the way — The Modern Golden Rule and Stop Standing Still. He founded the Balancing Act in 2019 as a way to have authentic, non-salesy conversations with business leaders, and he closes every episode with the same three words: grace, dignity, and compassion. Andy traces his own career rocket booster to a sunny August day in 1989, when — rejected by every other Big Ten PhD program — he climbed to the sixth floor of Phillips Hall at the University of Iowa to meet finance department chair Carl Schweser. A scheduled 30-minute interview became a two-hour conversation, and a lifelong mentorship that shaped everything that followed. From there, Nick and Andy retrace the origins of the show, the 2008 Great Recession story behind “grace, dignity, and compassion,” and the home studio where their father-son partnership — and their music — began.

Donor-advised funds have become one of the most popular charitable giving tools in the country, with more than $326 billion now held in donor-advised fund accounts. Yet many retirees and investors still don't fully understand how donor-advised funds work, when they make sense, or how they can fit into a broader tax planning and retirement planning strategy. In this episode, Tyler Emrick, CFA®, CFP®, covers: What a donor-advised fund is and how it works Why donor-advised fund assets have nearly doubled since 2020 How donating appreciated stock can reduce taxes and avoid capital gains Why investment growth inside a donor-advised fund may increase charitable impact over time How charitable bunching strategies can create larger tax deductions Common donor-advised fund mistakes and misconceptions Real-world situations where donor-advised funds may fit into a retirement or tax planning strategy For retirees and investors who regularly support charities, a donor-advised fund can be much more than a charitable account. It can be a tax planning tool, an investment tool, and a way to simplify ongoing charitable giving. Have questions? Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals. http://bit.ly/calltruewealth   Our website:  https://www.truewealthdesign.com/  Phone: 855.TWD.PLAN Contact our team: https://www.truewealthdesign.com/contact-a-financial-advisor/    Check out our other no-cost financial resources here: https://www.truewealthdesign.com/financial-resources/    Watch the show now on YouTube: https://www.youtube.com/channel/UCjENBHOti-IEJFqeydZm_Fg?sub_confirmation=1

Send us Fan MailDiscover what truly drives car wash business valuations beyond simple multiples in this deep dive with Chris Jenks, CFA. The car wash industry's M&A market has evolved, demanding more sophisticated analysis than ever before. Learn why factors like recurring revenue, customer retention, and operational efficiency are paramount for achieving premium valuations and how a disciplined approach to business strategy can transform your enterprise. Whether you're an owner, operator, investor, or lender, understanding these dynamics is key to navigating the competitive landscape and securing long-term success. Tune in to uncover the metrics that matter most in today's car wash M&A environment.What You'll Learn:• Why car wash business multiples are more than just fixed numbers.• The impact of market selectivity and buyer discipline on valuations.• Key operational drivers like recurring revenue, site execution, and customer retention.• Historical trends and patterns in car wash M&A consolidation and valuations.• How membership penetration and churn rates are crucial for assessing business health.• The role of private equity and institutional capital in the car wash sector.• How to assess earnings quality, growth potential, and risk profile in an acquisition.Don't miss this essential guide to understanding and maximizing your car wash business's value in a dynamic market.#CarWashIndustry #BusinessValuationConnect With Us:https://www.facebook.com/AmplifyCapGroup/https://x.com/i/flow/login?redirect_after_login=%2FCarWashAdvisors%2Fhttps://www.linkedin.com/company/amplifycapgroup/https://www.youtube.com/channel/UCyy2-_zM-liZr95drgKDX3g

What do the market's biggest long-term winners have in common? Neeraj Khemlani, former president of CBS News and author of The Coffee Can Investor, and Matt Ankrum, CFA, managing partner of Ankrum Capital, join host Mike Wallberg, CFA, to explore the research behind "100-bagger" stocks and the investing principles that can help build generational wealth. From recurring revenue and competitive advantages to the power of compounding and investor patience, they share lessons from decades of market history and explain why some of the best opportunities may be hiding in plain sight. Tune in for practical insights on identifying exceptional businesses and becoming a more effective long-term investor.

In this episode of the InsuranceAUM.com podcast, host Stewart Foley, CFA, is joined by Jim Higgins, Head of Commercial Real Estate at Shelter Growth Capital Partners, to discuss the opportunities and risks within commercial real estate bridge lending. Jim explains how bridge loans fit within the broader CRE debt market, why they can offer attractive risk-adjusted returns, and how Shelter Growth approaches underwriting, asset management, and borrower selection. He also shares insights from more than three decades in commercial real estate credit and discusses the firm's focus on middle-market bridge loans backed by multifamily and industrial properties.   Stewart and Jim also examine current commercial real estate fundamentals, including valuations, supply and demand dynamics, leverage levels, and capital availability. The conversation explores how CRE private credit compares with corporate private credit, the benefits of asset-backed lending for insurance portfolios, and why bridge loans may offer compelling relative value in today's market. Jim also discusses the advantages of combining residential and commercial lending platforms, the role of securitization and leverage in portfolio construction, and the characteristics he looks for when building successful investment teams.

A Critical Week for Global Markets and the Federal Reserve Markets entered the week focused on two major developments: ongoing diplomatic discussions involving the United States and Iran, and the Federal Reserve’s latest policy meeting. Reports of progress toward a potential agreement between the United States and Iran have been welcomed by investors. News of a possible deal helped push oil prices lower and contributed to a positive response in equity markets. However, uncertainty remains, and investors should exercise caution until details are finalized and the broader implications become clearer. The decline in oil prices has also influenced interest rates, which moved lower as markets assessed the possibility of easing geopolitical tensions. While investors have responded favorably, recent history serves as a reminder that negotiations can shift quickly, and outcomes are never guaranteed until agreements are officially completed. Domestically, attention is centered on the Federal Reserve’s meeting under the leadership of Chairman Kevin Warsh. This marks his first meeting and press conference as Fed Chair, creating significant interest around how he intends to communicate monetary policy moving forward. Warsh has previously expressed concerns about excessive forward guidance, arguing that central banks should avoid becoming overly committed to future projections. Instead, he has advocated for a greater emphasis on current economic data when making policy decisions. Investors will be watching closely to see whether he introduces a more restrained communication style or gradually transitions the Fed toward a quieter approach. Another area of focus will be the relationship between the chairman and other members of the Federal Open Market Committee (FOMC). While the chair plays an influential role, policy decisions are made collectively. Any signs of disagreement among committee members could offer valuable insight into future policy direction. With employment remaining strong and inflation continuing to present challenges, the Federal Reserve’s comments on inflation trends, geopolitical developments, and economic growth will be particularly important for markets. Inflation Remains a Key Concern Inflation remains one of the most closely watched economic indicators, and recent data suggests price pressures continue to persist. The latest Consumer Price Index (CPI) reading came in at 4.2%, higher than many economists had anticipated. While energy prices, particularly oil, have likely contributed to the increase, inflation remains elevated relative to the Federal Reserve’s long-term target. Beyond the traditional CPI measure, another useful perspective comes from what Strategas Research Partners refers to as the “Common Man CPI.” This proprietary measure focuses specifically on essential household expenses, including food, energy, shelter, insurance, and children’s clothing. By emphasizing necessities rather than the broader basket of goods used in traditional inflation calculations, it attempts to better reflect the inflation experienced by everyday consumers. According to this measure, inflation currently stands at 4.6%, noticeably higher than the headline CPI reading. Since mid-2020, prices within the Common Man CPI have increased approximately 32%, compared to roughly 30% for headline CPI. The challenge for consumers is that wage growth has not fully kept pace. While wages have risen approximately 27.5% over the same period, inflation has exceeded those gains, creating ongoing pressure on household budgets. As policymakers evaluate future interest rate decisions, an important question remains: Are current inflation pressures temporary, particularly those tied to energy prices, or do they represent a more persistent trend? The answer will play a significant role in shaping future Federal Reserve actions. CEO Confidence and Consumer Strength Support the Outlook While inflation and global uncertainty remain concerns, several indicators continue to point toward resilience within the broader economy. One closely monitored measure is CEO confidence, which has improved in recent weeks. This indicator reflects how corporate leaders view economic conditions over the next 12 months and can provide valuable insight into future business investment and hiring decisions. Higher CEO confidence often translates into increased capital spending, stronger workforce expansion, and improved earnings expectations. Since corporate earnings remain one of the primary drivers of stock market performance, rising confidence among business leaders is generally viewed as a positive signal for future growth. Consumer spending has also remained remarkably strong despite elevated inflation. Consumers continue to play a critical role in supporting economic growth, and spending trends have remained resilient even as households navigate higher prices. Taken together, improving CEO confidence and continued consumer strength provides a constructive backdrop for both the economy and financial markets as the year progresses. Investors should continue monitoring developments in the Middle East, Federal Reserve policy decisions, inflation trends, business confidence, and consumer spending. Each of these factors has the potential to influence markets in the months ahead, making it important to stay informed and maintain a long-term perspective amid ongoing uncertainty. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post Deal or No Deal? first appeared on Fi Plan Partners.

On Monday's edition of SaskAgToday with Ryan Young: Markets reacting to latest development in Iran conflict, CFA react to the National Food Security Strategy, and more.

5th Annual Seize The Day: Amer's Epilepsy Trail Run (10K, 5K, & One-Mile Fun Run) --> https://www.epiny.org/fundraising-event/seize-the-day/2026-event/Mark Armbruster, CFA is the Founder and CEO of Armbruster Capital Management, a Rochester-based wealth management firm serving individuals, families, and institutions. With nearly three decades of investment industry experience.Mentioned in this episode:Behind the GlassPodcast and gallery focusing on underrepresented artists utilize the space to amplify their work. Curated by @Richardbcolon @qua.jay. Check out the podcast or join them in person first Fridays at 240 E Main St, Rochester, NY! https://behind-the-glass-gallery.captivate.fmCommon ThreadCheck out Common Thread on Lunchador! https://feeds.captivate.fm/common-threads-hardcore/Joe Bean RoastersVisit joebeanroasters.com to get fresh roasted specialty coffee either by the bag or with a Perpetual Joy subscription!

In this season 6 episode of First Look ETF, Stephanie Stanton @etfguide examines the latest ETF marketplace trends with NYSE and guests. The guest lineup for this episode includes:1. Ethan Hertzfeld, NYSE2. Hong Yi Chen, CFA, Portfolio Manager, Tema ETFs3. Nick Lumpp, Founder, President, RCN Wealth AdvisorsWatch us on YouTube (Link http://www.youtube.com/etfguide)Follow us on Twitter @ETFguide (Link https://twitter.com/etfguide)Visit us at ETFguide.com (https://www.etfguide.com)

Shownotes:00:00 Introduction00:55 Eric's life in defining chapters 06:55 How has success altered over time for Eric09:36 Creating multiple identities to connect and relate12:50 How to move through transitions smoothly17:05 How to conquer a difficult 'task'18:55 What is the concept of Combo-Specialist23:11 What would an updated edition of Combo-Specialist look like in the era of AI28:40 How do we train our critical thinking skills34:39 Building a community through food and walks36:07 How has Eric's book brought about a positive impact on his readers41:10 What mindset shifts have helped Eric to become more visible43:38 Building meaningful visibility48:48 Eric's advice on managing negative remarks53:15 Where is Eric's "attention" focused now55:30 Share a story of how an unplanned event positively influenced Eric's career and life57:50 Question for the next speakerAbout SpeakerWith over 2 million followers on LinkedIn, Eric Sim, CFA, is one of the most followed finance professionals on social media globally. He is the author of “Small Actions: Leading Your Career to Big Success”. Previously, Sim served as a Managing Director at UBS Investment Bank and an Adjunct Associate Professor of Finance at the Hong Kong University of Science and Technology. He founded the Institute of Life to trains professionals to achieve success at work and in life. 

"There's a lady who's sure all that glitters is gold..."- Led ZeppelinIn this episode of The Unlimited Podcast, Brian speaks with Peter Grosskopf, shareholder and advisor at Forthlane Partners, to explore the current investment case for gold and where the precious metal may be headed. They break down how gold can function as a portfolio's "anchor" and insurance, the rise of gold digitization, how gold and other metals fit into the AI boom, and much more.Peter Grosskopf is a shareholder and advisor at Forthlane Partners, where he supports the investment team's Real Assets strategy. He is also the founder of Argo Digital Gold, Chairman of SCP Resource Finance, and sits on the boards of Agnico Eagle Mines, the World Gold Council, and Alaris Private Equity. With over 35 years of experience in financial services, Peter served as CEO of Sprott Inc. from 2010 to 2022, growing assets under management from $5 billion to over $20 billion, and previously co-founded Newcrest Capital, which was acquired by TD Bank Financial Group in 2000. A self-described libertarian who began his career as a junior commodities and gold trader, Peter is widely recognized as one of Canada's leading authorities on gold and resource investing. He holds both an HBA and MBA from the Richard Ivey School of Business at the University of Western Ontario, along with the CFA designation.Stairway to Heaven story source: Spitz, B. (2021). Led Zeppelin: The biography. Penguin Press. The full Led Zeppelin story can be found here.Timestamps0:00 Stairway to Heaven5:03 Disclaimer & Intro9:25 Peter's Journey into Gold12:38 The case for Gold22:09 Gold vs. Gold Stocks30:26 The case against Gold32:23 Silver, precious metals, & AI37:16 Canada's resource wealth & outlook44:13 If Peter could do anything, what would it be?

The SpaceX IPO may be one of the most anticipated market events of the year, but does that mean investors should rush to participate? In this episode of Off The Wall, David B. Armstrong, CFA and Nate Tonsager, CIPM, CFA challenge some of the biggest assumptions surrounding IPOs, including the belief that buying on day one means getting in early. They explore what history says about IPO performance, why patience can be an advantage, and how investors can gain exposure without getting caught up in the news headlines. They also unpack the market's recent volatility, the surprising sector shifts happening beneath the surface, and why they believe that adaptability is the key to long-term investment success.   Episode Timeline/Key Highlights: 00:00 - Cold Open And Disclosures 00:27 - AMA Format And Today's Two Questions 01:30 - SpaceX IPO Hype Vs Reality 04:35 - IPO Returns Stats And Lockup Pressure 1255 - Institutions, Allocations, And Retail FOMO 17:35 - Index Funds, ETFs, And Long-Term Exposure 23:53 - Market Volatility And Sector Whiplash 26:52 - Earnings Strength And A Data Process 30:47 - REIT Trivia, Listener Questions, And Subscribe     Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures       Connect with Monument Wealth Management:    Visit our website: https://monumentwealthmanagement.com/   Follow us on Instagram: https://www.instagram.com/monumentwealth/#   Connect on LinkedIn: https://www.linkedin.com/company/monument-wealth-management/   Connect on Facebook: https://www.facebook.com/MonumentWealthManagement   Connect on YouTube: https://www.youtube.com/user/MonumentWealth#Fit   Subscribe to our Private Wealth Newsletter: https://monumentwealthmanagement.com/subscribe/   Check out our Between Sips Podcast: Where Money Meets Meaning Because money without meaning never feels like wealth. https://monumentwealthmanagement.com/between-sips-podcast/   About "Off the Wall":    Markets are noisy. Your time is limited. Off The Wall cuts through the clutter. Hosts David B. Armstrong, CFA and Nate Tonsager, CFA, CIPM bring you straightforward, candid insights about what's really moving markets and why it matters for successful investors. From economic shifts to portfolio positioning, we break down the complexities so you can invest with intention and stay grounded when headlines and life feels chaotic.   Learn more about our hosts on our website at https://monumentwealthmanagement.com 

Get your customized planning started by scheduling a no-cost discovery call: http://bit.ly/calltruewealth   Many investors have highly appreciated stocks and ETFs they would like to diversify, simplify, or replace, but selling those investments can create a significant capital gains tax bill. In this episode, Tyler Emrick, CFA®, CFP®, discusses the 351 Exchange Strategy, a little-known tax-efficient planning opportunity that may allow investors to exchange appreciated stocks and ETFs into a diversified ETF without first selling and realizing capital gains taxes. Tyler covers: What a 351 Exchange is and how it works The difference between a 351 Exchange and a traditional exchange fund Rules investors must satisfy before qualifying Which assets qualify and which assets do not ETF eligibility requirements How highly appreciated ETF portfolios may be consolidated into a diversified ETF How concentrated stock positions may fit into a 351 Exchange strategy The potential benefits of reducing concentration risk without immediately triggering capital gains taxes How 351 Exchanges compare to tax-aware long-short strategies and other tax-efficient diversification techniques Have questions? Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals. http://bit.ly/calltruewealth   Our website:  https://www.truewealthdesign.com/  Phone: 855.TWD.PLAN Contact our team: https://www.truewealthdesign.com/contact-a-financial-advisor/  Schedule your no-cost discovery call: http://bit.ly/calltruewealth  Check out our other no-cost financial resources here: https://www.truewealthdesign.com/financial-resources/  Watch the show now on YouTube: https://www.youtube.com/channel/UCjENBHOti-IEJFqeydZm_Fg?sub_confirmation=1

Scaling Gracefully: How to Grow 200%+ per Year Without Breaking Your Business is covered in this Podcast***************************************What does it really take to grow your business 200% year after year—without burning out, breaking your systems, or disappointing your customers? In this episode of Leadership Live at 8:05, Andrew Frazier, MBA, CFA, sits down with Houlie Duque, CEO and founder of HomeschoolToGo Genius Lab, a K–12 project-based, personalized education company that has consistently grown over 200% annually.Houlie shares how she intentionally slowed down early on to deeply understand her customers' real problems, then used that insight to build a scalable service and invest in technology, including an AI-powered curriculum engine. Together, Andrew and Houlie unpack:How to balance refining your product/service with pushing for growthWhat usually “breaks” as you scale—and how to plan for itWhy customer retention can be your strongest growth leverHow to read your business metrics and cycles so you don't panic in slow monthsThe mindset shift from “running a small business” to “building something bigger”Whether you're just starting out or already growing fast, this fireside chat will help you think more strategically about scaling in a sustainable, intentional way—so your business can grow without falling apart.Houlie Duque is the CEO and founder of HomeschoolToGo Genius Lab, a K–12 project-based, personalized education company for families who want more than standardized schooling. After 10 years teaching in prestigious educational settings such as Cambridge, Montessori, and Waldorf schools, Houlie saw firsthand how even “top” institutions struggle to unlock every child's full potential. That realization, combined with becoming a parent herself, led her to create a new model that empowers families to provide highly personalized, real-world learning at home.Starting from scratch, Houlie has grown HomeschoolToGo Genius Lab more than 200% year over year by deeply understanding her customers, focusing on exceptional customer retention, and building scalable systems and technology—including an AI-powered agent that helps design individualized project-based curricula. She's passionate about helping entrepreneurs and parents rethink education, raise free-thinking kids, and align learning with the skills needed to thrive in today's world.LinkedIn:   / houlie-duque-3a4bb1169  Website: https://www.homeschooltogo.org/

Tony Zhang PhD, CFA and Rich Excell CFA, CMT are back after some R&R. Given it has been almost a month since we last talked, we looked at every asset class and guess what? There are some interesting moves going on in everything from gold to bonds to stocks to crypto. Is there a common thread going through them all? There just might be. 

This episode is a compilation of answers to YOUR questions that were asked directly from my listeners who attend my weekly business education YouTube live webcast. I'll be covering the topic on: Topics include: SpaceX IPO Explained, Anthropic, AI Bubble, and more. Refer to chapter marks below for a complete list of topics covered and to jump to a specific section. Get mentored by Chris: Book a Zoom call to discuss joining my Business Academy, Finance Bootcamp (to get a job in finance) or MBA Degree Programs or for investing/business/personal development coaching: https://haroun.short.gy/1on1CallYTWDownload my free "Networking eBook": www.harouneducation.comAttend my weekly YouTube Live every Thursday's 8am-11am PT. Subscribe to my YouTube Channel to receive notifications. Learn more about my MBA Degree ProgramChapter Marks: 0:25 Welcome 1:00 SpaceX IPO Explained 10:40 Public Speaking & Finance Interview Tips 17:52 Sales, IT Services & Future Careers 20:23 Anthropic IPO & AI Investing 21:10 Iran, Politics & Avoiding Pessimism 30:36 SpaceX Risks & Market Highs 33:34 Content Creation & Startup Risks 37:47 Private Wealth Management Careers 40:49 Why Facebook Beat MySpace 45:55 IPO Investing & Hedge Fund Access 48:37 The Dollar, Debt & Money 51:17 Venture Capital, Sales & Finance Careers 55:14 CFA, TSMC & Global Competition 56:49 Iran, California & Political Trends 1:00:12 Independence, Y Combinator & Entrepreneurship 1:06:24 Business Metrics & Long-Term Planning 1:10:02 SAP, Japan's Debt & AI Infrastructure 1:16:52 Anthropic Valuation & AI Bubble 1:18:47 How to Pitch a Stock to Point72 Connect with me: Schedule a 1:1 call with Chris: https://haroun.short.gy/1on1CallYTWYouTube: ChrisHarounVenturesCompleteBusinessEducationInstagram @chrisharounLinkedIn: Chris HarounTwitter: @chris_harounFacebook: Haroun Education Ventures  TikTok: @chrisharoun

Niger, Burkina Faso, Nigeria, Togo, Côte d'Ivoire, Sénégal, Mali et Guinée-Bissau, soit « 8 pays en 8 jours », s'exclame le site Bénin Web TV. Fraîchement investi à la tête du Bénin, le président Wadagni a conclu mardi 9 juin une vaste tournée régionale. « La visite à Bissau hier est la quatrième étape de la tournée de Wadagni impliquant un régime militaire de transition, relève le site béninois, après Bamako, également hier – où il a rencontré le général d'armée Assimi Goïta. Après Niamey et Ouagadougou le 2 juin – où il a été reçu par le général Abdourahamane Tiani et le capitaine Ibrahim Traoré. (…) La visite de Wadagni à Bissau hier, note encore Bénin web TV, est la première d'un chef d'État étranger depuis l'installation de la junte. Elle intervient sept mois après le coup d'État de novembre dernier, par lequel le général Horta Inta-A Na Man avait renversé le président élu Umaro Sissoco Embaló dans un contexte d'élections générales dont les résultats provisoires n'avaient pas été publiés ». Un peu plus tôt dans la journée, le président béninois était donc à Bamako, où il s'est entretenu avec le général Assimi Goïta. « La question sécuritaire a occupé une place importante dans les échanges, note le site d'information malien Sahel Tribune. Les deux présidents ont examiné la situation au Sahel et en Afrique de l'Ouest, marquée par la persistance des groupes armés terroristes et l'extension de la menace terroriste vers les pays côtiers ». Une coopération économique vitale Sur le plan économique, relève pour sa part Afrik.com, « le choix des pays visités par le chef d'État béninois n'est pas anodin. Bamako, Dakar, et Bissau appartiennent tous à l'Uemoa tout comme les capitales déjà visitées au Niger, au Burkina Faso, au Togo et en Côte d'Ivoire. L'organisation qui unit huit États autour d'une même monnaie, le franc CFA, et d'institutions financières communes, notamment la Banque centrale des États de l'Afrique de l'Ouest. Bien que le Burkina Faso, le Mali et le Niger aient officiellement quitté la Cédéao, la Communauté économique des États de l'Afrique de l'Ouest, les trois pays demeurent membres de l'Uemoa. Ils continuent ainsi d'utiliser le franc CFA et de participer aux mécanismes financiers de l'Union. Cette réalité, pointe le site panafricain, fait de l'Uemoa, un des rares espaces régionaux où la coopération économique se poursuit malgré les ruptures politiques observées à l'échelle ouest-africaine ». Et « pour le Bénin, note encore Afrik.com, le maintien de canaux de dialogue avec l'ensemble des partenaires de l'Union est un enjeu de premier ordre. Les échanges commerciaux, la stabilité monétaire et la coordination des réponses aux menaces sécuritaires dépassent les frontières nationales ».  Réchauffer les relations Plus largement, analyse Aujourd'hui à Ouagadougou, « Wadagni tente de rabibocher l'AES et la Cédéao qui ont des rapports polaires. Lors de son discours d'investiture, Wadagni avait bien souligné qu'il fallait jeter à nouveau des ponts entre les voisins, privilégier le dialogue institutionnel et diplomatique au lieu des confrontations verbales. Ni le Bénin ni le Niger, le Burkina et le Mali, n'y gagnent ! La frontière entre le Bénin et le ́Niger est fermée à Malanville, et économiquement c'est difficile de part et d'autre. Avec le Burkina, les relations sont à peine cordiales pour ne pas dire glaciales ! En fait, pointe le site burkinabé, Wadagni veut réintégrer le Niger dans l'économie du port de Cotonou et le Niger veut ce corridor maritime pour un approvisionnement plus direct et fluides de ses marchandises. Pragmatisme géopolitique et économique ressortent donc de cette tournée de Wadagni. Mais surtout, relève encore Aujourd'hui, il y a une réalité qui justifie amplement ces visites de courtoisie : la donne sécuritaire. Le Bénin doit impérativement s'allier avec ses voisins de l'AES pour vaincre le terrorisme. Et cela est valable pour tous les pays côtiers du golfe de Guinée ». Mali : journalistes emprisonnés pour avoir fait leur métier Enfin à la Une également, la liste des journalistes emprisonnés s'allonge au Mali. Une figure de la presse nationale, Chahana Takiou, directeur de publication du bi-hebdomadaire Le 22 Septembre, a été placé sous mandat de dépôt avant-hier ; de même hier que le directeur de publication du journal Le Témoin, Abdramane Keïta. Ils rejoignent ainsi Youssouf Sissoko, directeur de publication du journal L'Alternance, qui purge une peine de deux ans de prison. Leur tort ? Avoir écrit des articles jugés trop critiques par les militaires au pouvoir.

Ever wondered how an electrical engineer ends up as the CFO of a major company in Brazil? Join us for a candid conversation with Rafael Pinho, Co-Founder and CFO at TD Pine Advisors, as he shares his unconventional career journey from engineering to investment banking, and onward to leading large finance teams. Rafael opens up about learning on the job, the challenges of managing through crisis, and how to truly transform accounting data into strategic business decisions. Packed with real-life stories—from wrangling 14 tangled business models in Excel to turning around a high-pressure finance team with nothing but Red Bull and grit—this episode offers powerful lessons on leadership, delegation, and developing a forward-thinking mindset. Rafael also reveals how he now uses his experience to guide small and medium businesses through critical transitions, and leaves us with simple, actionable advice for making a strategic impact no matter your role. If you're looking to think bigger about your career, your team, or your business, don't miss this engaging episode with Rafael Pinho.

Market Strength Remains Concentrated One of the most important developments in the market this year has been the concentration of returns within a relatively small portion of the S&P 500. An analysis of sector performance reveals that technology stocks have once again emerged as the primary driver of market gains over the past several weeks, reestablishing themselves as the market’s leadership group. Technology now represents approximately 39% of the S&P 500, making its performance increasingly important to the overall direction of the index. As a result, investors should pay close attention to valuations and earnings growth within the sector, as weakness in technology could have an outsized impact on broader market returns. Last fall provided an encouraging example of market resilience, as other sectors stepped in to offset periods of weakness among technology companies. Whether that dynamic can repeat itself remains an important question for the remainder of the year. The growing influence of technology is largely tied to a handful of exceptionally profitable companies. The so-called “Magnificent Seven” now account for more than one-third of the S&P 500’s total market capitalization and continue to generate earnings growth far above the rest of the market. In the first quarter, these companies delivered earnings growth of 63.2%, roughly four times the growth rate achieved by the other 493 companies within the index. Corporate profitability more broadly has also remained remarkably strong. During the first quarter, S&P 500 companies retained nearly 15 cents of profit for every dollar of revenue generated. According to available data, that represents the highest profit margin recorded since tracking began in 2009 and is more than double the long-term average dating back to 1946. These trends suggest that while market leadership remains narrow, the underlying earnings environment continues to provide meaningful support for equities. Going forward, monitoring sector performance and return dispersion across the market will be critical in identifying opportunities and determining whether portfolio adjustments become necessary. A New Federal Reserve Chair Takes the Stage While market fundamentals remain strong, investors are also preparing for a major leadership transition at the Federal Reserve. Kevin Warsh is set to assume the role of Federal Reserve Chair, and his first meeting leading the Federal Open Market Committee will take place next week. Historically, markets have paid close attention to the early actions of a new Fed Chair, often reacting with heightened volatility as investors assess potential changes in policy direction. Historical data shows that market performance following a new Chair’s first meeting has frequently been challenged. On average, the market has experienced modest declines during the first several weeks after the transition, reflecting investor uncertainty and the market’s tendency to test new leadership. While historical averages provide useful context, individual outcomes have varied significantly depending on economic conditions and market circumstances at the time. The Federal Reserve’s decisions are ultimately driven by incoming economic data, making recent employment figures particularly important. The May employment report came in substantially stronger than expected, with nonfarm payrolls increasing by 172,000 jobs compared to expectations of roughly 88,000. In addition, prior months’ payroll figures were revised higher, reversing a trend of downward revisions seen earlier in the year. Job growth remained broad-based across several sectors, including leisure and hospitality, healthcare, construction, and government employment. Meanwhile, the unemployment rate held steady at 4.3%, reinforcing the view that the labor market remains healthy. This strength in employment is significant because it directly relates to one half of the Federal Reserve’s dual mandate: maximum employment and price stability. As Warsh begins his tenure, he will inherit an economy that continues to exhibit labor market resilience. The inflation outlook, however, remains less certain. Rising oil prices driven by ongoing tensions in the Middle East have increased concerns about potential inflationary pressures. Future inflation data will likely play a major role in shaping the Federal Reserve’s policy decisions and influencing investor expectations for interest rates. Greg Powell, CIMA® President and CEO Wealth Consultant Email Greg Powell here Bobby Norman, CFP®, AIF®, CEPA® Managing Director Wealth Consultant Email Bobby Norman here Trey Booth, CFA®, AIF® Chief Investment Officer Wealth Consultant Email Trey Booth here Ty Miller, AIF® Vice President Wealth Consultant Email Ty Miller here Fi Plan Partners is an independent investment firm in Birmingham, AL, with a team of professionals serving clients across the nation through financial planning, wealth management and business consulting. The team at Fi Plan Partners creates strategies in the best interest of their clients using fee based investing. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth in this presentation may not develop as predicted. No strategy can ensure success or protect against a loss. Stock investing involves risk including potential loss of principal. Securities and advisory services offered through LPL Financial, Member FINRA/SIPC and a registered investment advisor.The post The Fed's Influence on the Markets first appeared on Fi Plan Partners.

Welcome to Bond Investment Mentor! In this episode, Chris breaks down callable step-up agency bonds. He explains how these agency bonds work and how these investments could deliver less than you expect. Chris also provides a framework for analyzing step-ups using Bloomberg screens and deciding whether they actually make sense for your institution's portfolio. In this episode: Market & Fed update (1:43) Listener question: Discount MBS investments & a yield quirk (8:28) Understanding callable agencies (13:40) Callable step-up agency basics How to evaluate them (Download: Pre-Purchase Due Diligence Checklists) The challenges of call and coupon interaction Developing a step-up investment approach Boost your investment fundamentals with Bond Basics (Learn More) (26:55) If you have questions about anything covered in this episode, please email me at Chris @ BondInvestmentMentor.com. Do you know someone who could benefit from this information? Please share this episode and podcast with them! You will find more articles, tips, and resources about fixed-income investing and portfolio management at BondInvestmentMentor.com. Check it out! Let's Connect via Social Media! LinkedIn: Christopher Nelson, CFA

CFA volunteers are set to gather in Bendigo this weekend to rally against Jacinta Allan's controversial emergency services levy.See omnystudio.com/listener for privacy information.

3EDGE Chief Investment Strategist Fritz Folts and Deputy CIO Eric Biegeleisen, CFA, discuss our latest market research in the June "​View From the EDGE: AI Drives Markets Higher... For Now?"​ This conversation comes amidst a backdrop of ongoing geopolitical uncertainty, shifting rate expectations, and growing pressure on richly valued AI-related stocks.

This episode of Fill the Gap features James Brodie, CMT. Throughout the conversation, James emphasizes how technical analysis is fundamentally about risk management, discipline, and controlling behavioral biases, especially the tendency to cut winners too soon and hold losers too long. He also explains how his approach evolved from discretionary trading to more systematic methods, using trend-following for persistent moves and mean-reversion strategies only when price action confirms a reversal. A major theme of the episode is the importance of watching intermarket relationships—especially in energy, rates, currencies, and commodities — because risks often build in overlooked corners of the market before showing up more broadly. He closes by sharing his current market insights and opportunities, highlighting refined energy products, and a few others, while stressing that regardless of the narrative, the most important signal is still the price itself.Fill the Gap, hosted by David Lundgren, CMT, CFA and Tyler Wood, CMT brings veteran market analysts and money managers onto a monthly podcast. For complete show notes of every episode, visit: https://cmtassociation.org/development/podcasts/ Give us a shout:@dlundgren3333 or https://www.linkedin.com/in/david-lundgren-cmt-cfa-63b73b/@_TBone_Pickens or https://www.linkedin.com/in/tyler-wood-cmt-b8b0902/@CMTAssociation orhttps://www.linkedin.com/company/cmtassociationCMT Association is the global credentialing authority committed to advancing the discipline of technical analysis in the financial services industry. We serve members in over 137 countries. Our mission is to elevate investors mastery and skill in mitigating market risk and maximizing return in capital markets through a rigorous credentialing process, professional ethics, and continuous education. CMT Association formed in the late 1960s with headquarters in lower Manhattan, NY and Mumbai, India.Learn more at: www.cmtassociation.org

In today's episode, we welcome the PE Guy, whose real name is Johnny Hilbrant Partridge. The PE Guy character was started in early 2025 after capitulating from years of ridiculous travel and lifestyle stories from folks in finance, but particularly, private equity. He is certainly making his rounds in the CFA community, and we quickly realized he would be a great guest on our podcast (due to his role in PE, Private Equity, as the PE Guy often says in his skits). We cover Johnny's start with the Ellen DeGeneres show, then his sudden fame as a Soul Cycle Instructor, and then becoming a content creator. We discuss why he picks on private professionals more than any other position in finance, how he strikes the balance between making the PE Guy unlikeable yet charismatic, and a behind-the-scenes look at what goes into the PE Guy. We then dive into social media influencer platforms and how he manages each of them. We also talk about how financial firms should pay attention to unique content, instead of traditional advertising. Last, and certainly not least, the PE Guy makes a brief appearance in character, asking him where he summers, to his thoughts on the best golf courses in Florida, to where he stations his yacht in the Mediterranean, and much more. Today's hosts are Steve Curley, CFA (Co-Managing Principal, 55 North Private Wealth) & co-host Chris Cannon, CFA(CIO/Principal, FirsTrust).   Please enjoy the episode. You can follow us on Twitter & LinkedIn or at investorsfirstpodcast.com   Show Notes: Due To My Role Podcast – Apple/Spotify Follow PE Guy: Instagram, TikTok, LinkedIn, Facebook

So you've decided to do a Roth conversion… now what? Most Roth conversion conversations focus on whether you should do one. But the long-term value often comes from how the strategy is actually implemented. In this episode, Tyler Emrick, CFA®, CFP® walks through the overlooked decisions that can materially impact the outcome of a Roth conversion strategy. Topics include: When to complete a Roth conversion Whether to spread conversions throughout the year Tax bracket management and conversion timing Why recharacterizations no longer being available matters How to pay Roth conversion taxes efficiently Roth conversions before age 59½ Estimated tax payments and withholding strategies Which investments may be best suited for Roth accounts Why higher-growth investments are often prioritized inside Roth IRAs Coordinating Roth conversions with investment management and rebalancing Tyler also explains why many Roth conversion mistakes have less to do with the conversion itself — and more to do with poor timing, tax management, and implementation decisions. Have questions? Need help making sure your investments and retirement plan are on track? Click to schedule a free 20-minute call with one of True Wealth's CFP® Professionals. http://bit.ly/calltruewealth   Our website:  https://www.truewealthdesign.com/  Phone: 855.TWD.PLAN Contact our team: https://www.truewealthdesign.com/contact-a-financial-advisor/  Schedule your no-cost discovery call: http://bit.ly/calltruewealth    Check out our other no-cost financial resources here: https://www.truewealthdesign.com/financial-resources/    Facebook: https://www.facebook.com/TrueWealthDesign/  LinkedIn: https://www.linkedin.com/company/true-wealth-design/  X: https://x.com/truewealthdesgn    Watch the show now on YouTube: https://www.youtube.com/channel/UCjENBHOti-IEJFqeydZm_Fg?sub_confirmation=1

Knicks steal game 1 in San Antonio and what is Byron's CFA order LOL

We've had nine consecutive up weeks for the S and P 500, Certified Financial Planner Chad Burton from EP Wealth discusses planning for retirement, More on the next seminar at the Crowne Plaza Foster City on Thursday June 11th from 6:30pm to 8:30pm with Chad Burton, CFP and Ryan Ignacio, CFA, CFP of EP Wealth Advisors

Norman Calvo explains how he found a third act in retirement by going against the norm and choosing adventure instead of a typical retirement. https://youtu.be/81atmTUjBWE One of the questions I ask people as they approach retirement is deceptively simple: What are you retiring to? Most retirement planning conversations focus on finances. That’s understandable. People want to know if they’ve saved enough, whether their investments are positioned correctly, how Social Security fits into the picture, and what taxes might look like in retirement. Those are important questions, and they’re exactly the kinds of issues my team helps clients navigate. But once the financial pieces are in place, another challenge emerges—one that often receives far less attention. What will make retirement meaningful? Norman Calvo and I dug deeper into how he was able to find meaning in retirement after decades as a successful business owner in this week's episode of the Retire Today podcast. Norman discovered an entirely new chapter of life after work. His true retirement story illustrates a lesson I’ve seen repeatedly among retirees: financial independence creates freedom, but it doesn’t automatically create purpose. The Risk Nobody Plans For Most people spend years preparing for the financial risks of retirement. They plan for market volatility.They prepare for inflation.They consider healthcare costs.They evaluate longevity risk. Yet many people never prepare for a different risk altogether: drift. Drift rarely happens intentionally. In fact, most retirees who experience it worked incredibly hard to earn the freedom they now possess. The challenge is that work provides structure. It creates goals, deadlines, responsibilities, relationships, and a sense of progress. For decades, many professionals wake up knowing exactly what needs to be accomplished that day. Then retirement arrives. The calendar empties. The obligations disappear. The structure that guided daily life for years suddenly vanishes. For some retirees, that freedom feels exhilarating. For others, it becomes surprisingly disorienting. Why Purpose Doesn’t Automatically Appear Norman explained how many people gradually lose touch with the activities that once excited them. Careers expand, family responsibilities increase, and life’s demands naturally push hobbies and interests to the side. By the time retirement arrives, some people have forgotten what they enjoyed doing before work consumed most of their attention. As a result, retirement can unintentionally become a period of maintenance rather than growth. Days become predictable. Weeks begin to blend together. And while there’s nothing wrong with relaxation, most people don’t spend decades saving and investing simply to become passive observers in their own lives. The Power of One New Decision Norman’s transformation didn’t begin with a grand retirement vision. It started with a single decision. A coworker encouraged him to train for a half marathon. At the time, he weighed 247 pounds, worked long hours, and had never been a runner. He wasn’t looking for a new identity. He simply agreed to try something different. That one decision led to another. Running led to additional races, including the New York City Marathon. Along the way, he discovered interests and opportunities he never would have anticipated. He joined a choir, performed in cabaret productions, taught English overseas, and even began learning handstands in his seventies. What stands out isn’t the specific activities. It’s the willingness to remain curious. Too often we assume retirement is a time to narrow our world. Norman’s experience suggests the opposite may be true. Retirement can be a time to expand it. Create a Plan for Your Life Throughout our working years, we create plans for almost everything. Businesses have strategic plans.Families have financial plans.Organizations establish goals and objectives. Yet many retirees never develop a plan for how they want to spend the freedom they’ve worked so hard to create. That doesn’t mean every hour needs to be scheduled. It does mean thinking intentionally about questions such as: What experiences would I regret never having? What skills would I like to develop? What interests have I neglected? What challenges would energize me? What relationships deserve more of my attention? These questions may seem less urgent than investment allocation or tax planning, but they often determine whether retirement feels fulfilling. Retirement Is More Than Financial Independence Many successful retirees continue to grow long after they stop working. They volunteer.They mentor.They travel.They learn.They teach.They pursue interests that were postponed for decades. Not because they have to. Because they can. Financial independence gives people options. The real challenge is deciding how to use those options in a way that creates a life that remains engaging and meaningful. The Bottom Line When people think about retirement, they often focus on what they’re leaving behind. Work.Commutes.Deadlines.Stress. But retirement is ultimately less about what you’re leaving and more about what you’re building next. The financial plan creates the opportunity. The life you create afterward is what gives that opportunity meaning. As Norman’s story demonstrates, some of the most rewarding experiences in life may not happen before retirement. They may happen because of it. Don't forget to leave a rating for the “Retire Today” podcast if you've been enjoying these episodes! Subscribe to Retire Today to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retire-today/id1488769337  Spotify Podcasts: https://bit.ly/RetireTodaySpotify About the Author: Jeremy Keil, CFP®, CFA is a retirement financial advisor with Keil Financial Partners, author of Retire Today: Create Your Retirement Income Plan in 5 Simple Steps, and host of the Retirement Today blog and podcast, as well as the Mr. Retirement YouTube channel. Jeremy is a contributor to Kiplinger and is frequently cited in publications like the Wall Street Journal and New York Times. Additional Links: Buy Jeremy's book – Retire Today: Create Your Retirement Master Plan in 5 Simple Steps Norman Calvo's Substack “Against the Norm” podcast AgainstTheNorm.net  Email Norman Calvo Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Mr. Retirement Book an Intro Call with Jeremy's Team Media Disclosures: Disclosures This media is provided for informational and educational purposes only and does not consider the investment objectives, financial situation, or particular needs of any consumer. Nothing in this program should be construed as investment, legal, or tax advice, nor as a recommendation to buy, sell, or hold any security or to adopt any investment strategy. The views and opinions expressed are those of the host and any guest, current as of the date of recording, and may change without notice as market, political or economic conditions evolve. All investments involve risk, including the possible loss of principal. Past performance is no guarantee of future results. Legal & Tax Disclosure Consumers should consult their own qualified attorney, CPA, or other professional advisor regarding their specific legal and tax situations. Advisor Disclosures Alongside, LLC, doing business as Keil Financial Partners, is an SEC-registered investment adviser. Registration does not imply a certain level of skill or expertise. Advisory services are delivered through the Alongside, LLC platform. Keil Financial Partners is independent, not owned or operated by Alongside, LLC. Additional information about Alongside, LLC – including its services, fees and any material conflicts of interest – can be found at https://adviserinfo.sec.gov/firm/summary/333587 or by requesting Form ADV Part 2A. The content of this media should not be reproduced or redistributed without the firm’s written consent. Any trademarks or service marks mentioned belong to their respective owners and are used for identification purposes only. Additional Important Disclosures

We've had nine consecutive up weeks for the S and P 500, Certified Financial Planner Chad Burton from EP Wealth discusses planning for retirement, More on the next seminar at the Crowne Plaza Foster City on Thursday June 11th from 6:30pm to 8:30pm with Chad Burton, CFP and Ryan Ignacio, CFA, CFP of EP Wealth AdvisorsSee omnystudio.com/listener for privacy information.

Around three million low-paid Australian workers are set to receive a pay rise after the Fair Work Commission lifted the national minimum wage and increased award wages above the current inflation rate. Ricardo Gonçalves speaks with Commonwealth Bank economist Harry Ottley about what the decision means for household budgets, inflation and the broader economy. Plus, the ASX 200 edged lower as retailers and shopping centre operators came under pressure following the wage decision, while technology stocks rallied and BHP hit another record high. Alice Shen, CFA from VanEck joins the podcast to unpack the day's market moves and the influence of another strong session on Wall Street

The S and P 500 was relatively unchanged as West Texas Intermediate crude futures rose 7 percent to around 93 dollars a barrel and Brent crude climbed 6 percent to around 96 dollars, Nvidia unveiled a new processor for personal computers, More on the next seminar at the Crowne Plaza Foster City on Thursday June 11th from 6:30pm to 8:30pm with Chad Burton, CFP and Ryan Ignacio, CFA, CFP of EP Wealth Advisors

In this episode of Enterprising Investor, Ben Carlson, CFA, director of institutional asset management at Ritholtz Wealth Management, co-host of the Animal Spirits podcast, and author of Risk and Reward: How to Handle Market Volatility and Build Long-Term Wealth, joins Mike Wallberg, CFA, to discuss why volatility is the unavoidable price of higher returns. Drawing on market history, behavioral finance, and real-world investing examples, Carlson explores the challenges of market timing, inflation, and portfolio construction, while highlighting the habits that help investors stay disciplined through uncertainty. For investment practitioners, the conversation offers valuable insights into managing client expectations, communicating complex concepts in accessible ways, and designing portfolios that clients can stick with over the long term. Carlson also shares lessons from Warren Buffett, the financial crisis, and his own experience working with institutional investors and wealth management clients. Listen to the episode to learn how a long-term perspective can help investors navigate market turbulence and build lasting wealth.

Most people assume that if someone is legally licensed to give investment advice, they have completed a rigorous amount of education and training, have demonstrated advanced knowledge by passing exams that test the real-world application of concepts, and have a minimum level of real-world experience. The answer is much more complicated, and the truth is that there can be significant variation in education, experience, and ability beyond the basic, legal threshold.In this episode, we break down the minimum legal standard to become a licensed investment adviser representative and why there can be meaningful differences in the depth of knowledge and experience among licensed advisors.We cover what it takes to satisfy the basic legal standard which is the Series 65 exam, the over 200 designations that exist in the financial industry, how to tell which designations demonstrate a long-term commitment to developing high-quality planning capabilities, and the three credentials that we believe rise to the top: the CPA, the CFP®, and the CFA®.We walk through the education, experience, examination, and ethics requirements for each, share the questions every person should ask a financial advisor before engaging them, and explain why the right advisor will always welcome those questions.For individuals and families with significant assets and complex financial needs, understanding whether your advisor holds one of these designations is an important step in determining whether your advisor is the best fit for your family.Thanks for listening!For more details, check out our blog post at https://pw-wm.com/learn/financial-planning/what-are-your-financial-advisors-qualifications/

The S and P 500 was relatively unchanged as West Texas Intermediate crude futures rose 7 percent to around 93 dollars a barrel and Brent crude climbed 6 percent to around 96 dollars, Nvidia unveiled a new processor for personal computers, More on the next seminar at the Crowne Plaza Foster City on Thursday June 11th from 6:30pm to 8:30pm with Chad Burton, CFP and Ryan Ignacio, CFA, CFP of EP Wealth AdvisorsSee omnystudio.com/listener for privacy information.

What if "one more year" isn't a failure of courage. What if it's a messy, human, sometimes wise transition between the life you built and the life you're finally ready to choose? In this spontaneous, unusually raw episode, Bill, Jackie, and Patrick crack open the emotional side of financial independence. They go beyond the surface of the hesitation, identity shift, grief, relief, and weird freedom that can show up when the math says you're done but your nervous system is still catching up. Bill shares what it feels like to downshift after unexpectedly reaching FI, why he's enjoying work more now that he doesn't need it, and how a heartbreaking night in the ER sharpened his thinking about what really counts. Jackie reflects on her own two-year "one more year" phase and why she no longer sees it as a mistake so much as a cushion she needed. Patrick adds the planner's lens: if a choice still serves your life, it may not be "one more year" syndrome at all. This episode is a heartfelt reminder that the real work isn't just reaching the number but learning how to let go when the time comes. This episode covers: Why "one more year syndrome" may not actually be a bad thing The emotional transition from being FI on paper to actually changing your life Bill's intentional downshift and how FI gave him leverage at work Jackie's two-year hesitation and why she now sees it with more grace How fear, identity, purpose, and burnout all shape retirement timing  Why working after FI can still make sense if it serves your life The difference between choosing one more year and drifting into it unconsciously How tragedy and loss can change the way you think about time Why the second chapter of life requires more than just good math How late starters can prepare emotionally, not just financially, for freedom . === SUPPORT  THE  SHOW ===

What to know about Micron, how will Artificial General Intelligence affect the markets, More on the next seminar at the Crowne Plaza Foster City on Thursday June 11th from 6:30pm to 8:30pm with Chad Burton, CFP and Ryan Ignacio, CFA, CFP of EP Wealth Advisors

In this episode of Spotlight, Stephanie Stanton ‪@etfguide‬ chats with with John Love, CFA and CEO of USCF investments. This episode covers the Iran Oil Crisis, and its effects on gasoline and oil markets. It also covers gold income strategies and a unique oil and bitcoin strategy, and key insights and energy markets.John Love of USCF Investments talks about UGA, the United States Gasoline Fund, which offers investors exposure to Gasoline during a time of spiking gas prices nationwide.We also explore the USCF Gold Strategy Plus Income ETF (USG), which combines physical gold exposure with quarterly income via options strategies—a unique approach for investors seeking steady returns alongside precious metals, as well as USCF's recently launched Oil Plus Bitcoin Strategy Fund (WTIB), which allows you to invest in two uncorrelated assets in one find. 

The 12 month inflation rate at 3.8 percent, Certified Financial Planner Chad Burton from EP Wealth discusses planning for retirement, More on the next seminar at the Crowne Plaza Foster City on Thursday June 11th from 6:30pm to 8:30pm with Chad Burton, CFP and Ryan Ignacio, CFA, CFP of EP Wealth Advisors

Many investors see passive investing as the safest, most cost-effective way to build wealth. In this episode of Off The Wall, David B. Armstrong, CFA and Nate Tonsager, CIPM, CFA challenge that assumption by pulling back the curtain on what can happen to passive investors when the market turns. They break down the hidden risks of matching a benchmark exactly, exploring how a 20% market drop means an automatic 20% hit to your personal wealth if you don't have an active strategy behind you. They cover boredom mindsets, as well as answering the question: Should you be an active or passive investor? The goal of finding the cheapest solution is too simplistic and comes with unnecessary risk. The more strategic goal is to build a portfolio that actively protects your financial freedom.     Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures   Episode Timeline/Key Highlights:  00:00 - Disclosures And Warm Open 01:58 - Active Vs Passive Defined Clearly 03:58 - The V8 Portfolio And Manager Discipline 15:16 - Passive Investing And The Boredom Trap 19:25 - Taxes, Turnover, And Account Type 21:35 - Actively Managing ETFs For Diversification 27:32 - Emerging Markets Breakdown And What Works 32:59 - Listener Questions, Contact Info, Closing Connect with Monument Wealth Management:    Visit our website: https://monumentwealthmanagement.com/   Follow us on Instagram: https://www.instagram.com/monumentwealth/#   Connect on LinkedIn: https://www.linkedin.com/company/monument-wealth-management/   Connect on Facebook: https://www.facebook.com/MonumentWealthManagement   Connect on YouTube: https://www.youtube.com/user/MonumentWealth#Fit   Subscribe to our Private Wealth Newsletter: https://monumentwealthmanagement.com/subscribe/   Check out our Between Sips Podcast: Where Money Meets Meaning Because money without meaning never feels like wealth. https://monumentwealthmanagement.com/between-sips-podcast/   About "Off the Wall":    Markets are noisy. Your time is limited. Off The Wall cuts through the clutter. Hosts David B. Armstrong, CFA and Nate Tonsager, CFA, CIPM bring you straightforward, candid insights about what's really moving markets and why it matters for successful investors. From economic shifts to portfolio positioning, we break down the complexities so you can invest with intention and stay grounded when headlines and life feels chaotic. Learn more about our hosts on our website at https://monumentwealthmanagement.com 

Patrick O'Hare of Briefing.com on the current markets, A strong earnings season has propelled stocks to a record this month, More on the next seminar at the Crowne Plaza Foster City on Thursday June 11th from 6:30pm to 8:30pm with Chad Burton, CFP and Ryan Ignacio, CFA, CFP of EP Wealth Advisors

Joe Schmitz Jr. and Jeremy Keil explore the 2% Club of retirees and the unique challenges that come with significant retirement savings and a pension. https://youtu.be/G04JKpKyLJ0 Most retirement conversations focus on one question: Will I have enough? But there's another retirement challenge that doesn't get talked about nearly enough: What happens when you've done everything right? Joe Schmitz Jr. has been working with a very specific group of retirees he calls the 2% Club. His definition: People who have both: A pension And $1 million or more saved for retirement That combination creates opportunities. But it also creates a different set of retirement decisions. Success Creates Different Problems For decades, these retirees did what they were told: Saved consistently Avoided lifestyle inflation Built meaningful retirement assets Earned pensions Stayed disciplined Now retirement arrives… …and suddenly the challenge isn't accumulating wealth. It's using it wisely. Joe shared one statistic that stood out: “80% of people out there will pay no federal income taxes in retirement… while this 2% club is part of that 20% that will have to pay taxes and typically much more.” That means retirement planning shifts. Less focus on accumulation. More focus on: Taxes Spending Distribution strategy Legacy Purpose Why High-Income Retirees Can Accidentally Become Under-Spenders One of the most interesting parts of this conversation was Joe's concept of the Midwestern Millionaire. His description: Hard-working.Frugal.Disciplined. Excellent savers. Often reluctant spenders. And that creates an unexpected retirement problem. People who spent 40 years training themselves to save don't automatically become comfortable spending. Even when they can afford it. Joe described clients who had millions saved but still struggled emotionally to use their money because restraint had become part of their identity. That's where retirement planning becomes less about spreadsheets and more about permission. The Four Places Your Money Can Go Joe offered a simple framework. Your money ultimately goes somewhere. You can: Spend it Gift it Give it Pay taxes on it That framework creates an important question: If you're not spending your money intentionally… where is it going? That doesn't mean everyone should spend aggressively. But it does mean retirees should think intentionally about: Lifestyle Family impact Charitable goals Taxes Because choosing not to decide is still a decision. Pension Decisions Deserve More Attention Than Most People Give Them Joe also emphasized something I see frequently: People often make pension elections based on coworkers. Someone retires.Takes a lump sum.Everyone follows. But pension elections are often irreversible. Joe's advice was simple: Run the numbers. Questions like these matter: Lump sum or monthly pension? Survivor benefits? Age differences between spouses? Existing assets? Insurance needs? The right answer isn't universal. It's personal. Don't Let Tax Fear Control Retirement For some retirees, fear of crossing an income threshold and triggering Medicare IRMAA surcharges becomes bigger than the actual cost itself. Joe's point wasn't to ignore taxes. It was to understand them. Tax planning matters. But taxes shouldn't become the only goal. Because avoiding taxes at all costs can sometimes prevent people from living the retirement they actually built. The Real Goal One story Joe shared captured this perfectly. A retired couple promised each other they'd spend intentionally during their early retirement years. Two years later… They had spent nothing. Not because they couldn't. Because they hadn't learned how. Eventually they created a spending plan and began enjoying experiences they had delayed for decades. That's the shift retirement requires. You don't stop being disciplined. You simply redirect that discipline. The Bottom Line Retirement success isn't measured by how much money you leave untouched. It's measured by whether your money helps support the life you actually wanted. Because after decades of saving… Retirement planning becomes deciding what your wealth is for. Don't forget to leave a rating for the “Retire Today” podcast if you've been enjoying these episodes! Subscribe to Retire Today to get new episodes every Wednesday. Apple Podcasts: https://podcasts.apple.com/us/podcast/retire-today/id1488769337  Spotify Podcasts: https://bit.ly/RetireTodaySpotify About the Author: Jeremy Keil, CFP®, CFA is a retirement financial advisor with Keil Financial Partners, author of Retire Today: Create Your Retirement Income Plan in 5 Simple Steps, and host of the Retirement Today blog and podcast, as well as the Mr. Retirement YouTube channel. Jeremy is a contributor to Kiplinger and is frequently cited in publications like the Wall Street Journal and New York Times. Additional Links: Buy Jeremy's book – Retire Today: Create Your Retirement Master Plan in 5 Simple Steps “How Much Taxes Will Retirees Owe on Their Retirement Income?” – Center for Retirement Research at Boston College Peak Retirement Planning Joe Schmitz Jr. on YouTube: https://www.youtube.com/@peakretirementplanninginc.  Articles by Joe Schmitz Jr. on Kiplinger “Joe Knows Retirement” podcast with Joe Schmitz Jr.  Books by Joe Schmitz Jr.  Connect With Jeremy Keil: Keil Financial Partners LinkedIn: Jeremy Keil Facebook: Jeremy Keil LinkedIn: Keil Financial Partners YouTube: Mr. Retirement Book an Intro Call with Jeremy's Team Media Disclosures: Disclosures This media is provided for informational and educational purposes only and does not consider the investment objectives, financial situation, or particular needs of any consumer. Nothing in this program should be construed as investment, legal, or tax advice, nor as a recommendation to buy, sell, or hold any security or to adopt any investment strategy. The views and opinions expressed are those of the host and any guest, current as of the date of recording, and may change without notice as market, political or economic conditions evolve. All investments involve risk, including the possible loss of principal. Past performance is no guarantee of future results. Legal & Tax Disclosure Consumers should consult their own qualified attorney, CPA, or other professional advisor regarding their specific legal and tax situations. Advisor Disclosures Alongside, LLC, doing business as Keil Financial Partners, is an SEC-registered investment adviser. Registration does not imply a certain level of skill or expertise. Advisory services are delivered through the Alongside, LLC platform. Keil Financial Partners is independent, not owned or operated by Alongside, LLC. Additional information about Alongside, LLC – including its services, fees and any material conflicts of interest – can be found at https://adviserinfo.sec.gov/firm/summary/333587 or by requesting Form ADV Part 2A. The content of this media should not be reproduced or redistributed without the firm’s written consent. Any trademarks or service marks mentioned belong to their respective owners and are used for identification purposes only. Additional Important Disclosures

Our guest on the podcast today is Adam Grossman. Adam's the founder of Mayport, a fixed-fee wealth management firm. He's also a regular contributor to Humble Dollar, the website founded by late financial writer Jonathan Clements. Before founding Mayport, Adam worked as an investment advisor or analyst at several firms, including Middleton & Company, Ballentine Partners, and MFS Investment Management. He also founded About Face Software, a social networking software firm. Adam received his undergraduate degree from Williams College and his MBA from MIT Sloan School of Management, and he's also a CFA charterholder. Episode Highlights Writing for Humble Dollar and Jonathan Clements (00:01:16) How Flat‑Fee Advice Beats AUM Pricing (00:05:15) Helping Investors Stay Calm in Market Stress (00:10:29) Simple Stock/Bond Portfolios Still Work (00:17:30) How to Protect Your Portfolio Before Retirement (00:22:58) Social Security Timing: Math Versus Emotions (00:27:20) How AI Is Changing Financial Advice (00:34:19) More From The Long View Bill Bengen: ‘Inflation Is the Greatest Enemy of Retirees' Jim O'Shaughnessy: Investing Lessons From a Lifelong Learner Harry Margolis: How to Confront Aging Challenges Head-On If you have a comment or a guest idea, please email us at TheLongView@Morningstar.com. Follow Christine Benz (@christine_benz) and Ben Johnson (@MstarBenJohnson) on X, and Christine Benz, Amy Arnott, and Ben Johnson on LinkedIn. Visit Morningstar.com for new research and insights from Christine, Ben, and Amy. Subscribe to Christine's weekly newsletter, Improving Your Finances. If you want more Morningstar podcasts, check out The Morning Filter and Investing Insights. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Both indexes reached new all-time intraday highs, Certified Financial Planner Chad Burton from EP Wealth discusses planning for retirement, More on the next seminar at the Crowne Plaza Foster City on Thursday June 11th from 6:30pm to 8:30pm with Chad Burton, CFP and Ryan Ignacio, CFA, CFP of EP Wealth Advisors

What if the real danger in retirement isn't running out of money, but spending so cautiously that you accidentally work too long, live too small, and die with a portfolio that never got a chance to do its job? In part two with Aubrey Williams, we go deeper into the "fog of FI" (that weird, anxious place where the spreadsheet says you're free, but your nervous system absolutely does not believe it). This episode covers: Why the 4% rule can make FI people overwork and underspend How future income streams like Social Security can move your FI date forward Why flexible spending is more realistic than flat, inflation-adjusted withdrawals How risk-based guardrails help you know when to cut or increase spending Why many FI people need more help increasing spending than reducing it How personal inflation can differ from CPI and affect retirement planning Why historical analysis may be more useful than Monte Carlo for some FI decisions How small amounts of income in retirement can meaningfully reduce portfolio pressure Why engineers and analytical types often need better data to trust they're "done" How Bill is using these ideas to finally get clearer about leaving work sooner . S U P P O R T    T H E    S H O W

he age at which you file for Social Security will be one of the most important retirement-related decisions you'll make. Robert Brokamp discusses the pros and cons of delaying with CPA and financial planner Mike Piper, the creator of Opensocialsecurity.com, a free tool that helps retirees choose the optimal age to claim benefits. Also in this episode:-A report from Standard & Poor's finds that only 1 in 10 mutual funds that performed in top 25% from 2016-2020 remained in the top 25% from 2021-2025-Home price growth has begun lagging inflation, and many cities are still below their 2022 highs-The dividend yield on the S&P 500 hits an all-time low, falling below the previous low reached at the height of the dot-come bubble-With the end of the school year near, your kids or grandkids are one year closer to college – now is a good time to evaluate your 529 plan and whether you're saving enough Host: Robert Brokamp, CFP®, EAGuest: Mike Piper, CFA, PFSEngineer: Bart Shannon Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement.We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices