Podcast appearances and mentions of justin dyer

Justin Dyer is a Professor of Religious Education at Brigham Young University. He received his Ph.D. in human and community development from the University of Illinois at Urbana-Champaign, and was a postdoctoral fellow at Auburn University. He teaches classes on... The post Personal Scripture Study for the Win – 913 appeared first on The Cultural Hall Podcast.

In this episode of AWM Insights, the focus is on the unexpected impacts and implications of the newly imposed tariffs in global trade. Hosted by AWM's Chief Investment Officer and Partner, Justin Dyer, and Portfolio Manager, Mena Hanna, we dissect the nature of tariffs and their immediate reaction in the financial markets. The conversation pivots around how tariffs are escalating tensions with trading partners, leading to a potential trade war. The episode also provides valuable insights on maintaining investment discipline amidst market volatility and strategies for long-term financial success.Key HighlightsDefinition and fundamental understanding of tariffs and their role in global trade.The negative market reactions following the announcement of new US tariffs.Discussions on the potential onset of a trade war due to retaliatory tariffs from other countries.Insights into the importance of preparation and portfolio diversification during economic uncertainty.Strategies for leveraging market downturns, such as tax loss harvesting and portfolio rebalancing.The relationship between risk and reward in investment strategies, emphasizing disciplined approaches.

Justin Dyer received BA in Marriage and Family from Brigham Young University and a Master's and Ph.D. in Human Development and Family Studies from the University of Illinois at Urbana-Champaign. He also has expertise in statistics. Justin is a professor of religion at BYU, teaching religion and family classes, and focuses his research on religion and mental health. He has published over 70 peer-reviewed studies in scholarly journals. Justin has served in various Church callings including full-time missionary in Brazil, Primary teacher, early morning Seminary teacher, Young Men leader, and bishop. He currently serves as a ward missionary. Most importantly, Justin has been married for 22 years and has six children whom he loves to inundate with the most recent, intriguing research graphs he has created. Links Share your thoughts in the Leading Saints community Transcript coming soon Get 14-day access to the Core Leader Library Highlights Justin talks about toxic perfectionism, particularly within the context of Latter-day Saints. He shares his research findings, which challenge the common belief that Latter-day Saints are inherently more prone to toxic perfectionism than individuals from other religious backgrounds. He explains that while 12% of Latter-day Saint youth exhibit high levels of toxic perfectionism, this figure is lower than the 20% found among atheists and agnostics, suggesting that toxic perfectionism is a broader human tendency rather than a specific issue tied to religious beliefs. The conversation delves into the nuances of perfectionism, distinguishing between healthy striving for high standards and the detrimental effects of toxic perfectionism, which can lead to feelings of worthlessness and shame. Justin emphasizes the importance of fostering a secure attachment to God, which can mitigate feelings of toxic perfectionism. He highlights the role of parents and leaders in creating an environment of love and support, rather than shame, to help youth navigate their identities and self-worth. The episode also addresses the challenges faced by LGBTQ youth within religious contexts, advocating for a compassionate approach that maintains the value of religious teachings while providing necessary support. The conversation underscores the significance of identity and the need for leaders and parents to remind youth of their inherent worth as children of God, encouraging them to strive for high standards without the burden of toxic perfectionism. 01:41 - Introduction of Justin Dyer and Research Focus 02:56 - Exploring Toxic Perfectionism 03:41 - Research Intent and Methodology 05:12 - Understanding Toxic Perfectionism 06:48 - Healthy vs. Toxic Perfectionism 09:46 - Impact of Perfectionism on Identity 10:33 - Balancing Standards and Self-Worth 12:06 - The Role of Perfectionism in Religious Context 13:13 - Addressing Youth and Leadership Dynamics 14:03 - The Challenge of Leadership Messaging 16:44 - Data Insights on Toxic Perfectionism 20:06 - The Role of Religion in Mental Health 22:44 - Encouraging a Positive Gospel Experience 24:33 - Parenting and Toxic Perfectionism in Youth 27:01 - The Importance of Love in Parenting 28:51 - The Impact of Parental Relationships on Identity 30:41 - Navigating Adolescence and Identity 32:27 - The Dangers of Silent Suffering 34:13 - Encouraging Healthy Standards in Youth 36:36 - Addressing LGBTQ Dynamics in Religious Context 38:10 - The Importance of Individualized Support 40:06 - Adult Experiences with Toxic Perfectionism 42:29 - Building a Secure Relationship with God The award-winning Leading Saints Podcast is one of the top independent Latter-day Saints podcasts as part of nonprofit Leading Saints' mission to help Latter-day Saints be better prepared to lead. Learn more and listen to any of the past episodes for free at LeadingSaints.org. Past guests include Emily Belle Freeman, David Butler, Hank Smith, John Bytheway,

This week, we're so grateful to share a conversation with Justin Dyer, a professor of religion at BYU and a researcher who has spent years exploring the intersection of faith and mental health. Justin's most recent work focuses on perfectionism, especially within the church. He recently edited a special issue of BYU Studies Quarterly dedicated entirely to this subject, and you can find a link to it in our show notes.In this conversation, Justin shares some compelling research, including the striking finding that high levels of toxic perfectionism can triple the likelihood of leaving one's religion. He offers some profound insights into why this is the case and he talks about gospel principles that could help us replace unhealthy perfectionistic beliefs.One of Justin's most powerful insights is that our perceptions become a physiological reality. Stress responses not only shape how we think but also affect our ability to connect with others and feel the Spirit. This underscores the vital importance of creating church communities that are unconditionally loving, judgment-free spaces where people feel truly accepted. Justin highlights the critical difference between guilt and shame: guilt can guide us toward growth and change, while shame erodes our sense of worth and connection to God.Most importantly, Justin offers practical, hopeful steps for healing from perfectionism, embracing a view of self-worth firmly rooted in God's infinite love. He also shares a vision for how we can help our wards to become a place of healing and welcoming where everyone can feel like they belong.Justin's thoughtful research is a gift for anyone navigating these challenges or striving to build stronger, healthier relationships in faith communities. We're so excited to share this meaningful and hopeful conversation with you. And with that, let's dive in with Justin Dyer.Link to BYU Studies issue on perfectionism: https://byustudies.byu.edu/issue/63-4

Research from Brigham Young University looks at the relationship between temple attendance, religious practices, and mental health in youth of The Church of Jesus Christ of Latter-day Saints. The evidence suggests scripture study, family prayer, church attendance and belief in the restored gospel of Jesus Christ are supported by and supportive of temple attendance. Professor Justin Dyer, a professor of religious education at BYU, joins this episode of the Church News podcast to talk about his findings that youth who attend the temple more often have better mental health, including lower levels of depression and anxiety. The Church News Podcast is a weekly podcast that invites listeners to make a journey of connection with members of The Church of Jesus Christ of Latter-day Saints across the globe. Host Jon Ryan Jensen, editor of The Church News, shares a unique view of the stories, events, and people who form this international faith. With each episode, listeners are asked to embark on a journey to learn from one another and ponder, “What do I know now?” because of the experience. Produced by KellieAnn Halvorsen.

On the thirty-eighth episode of The Constitutionalist, Shane Leary and Dr. Benjamin Kleinerman are joined by Justin Dyer, professor of government and the inaugural dean of UT Austin's School of Civic Leadership (SCL). They discuss SCL's aims and objectives, and the growing civic education movement within the American academy. We want to hear from you! Constitutionalistpod@gmail.com The Constitutionalist is proud to be sponsored by the Jack Miller Center for Teaching America's Founding Principles and History. For the last twenty years, JMC has been working to preserve and promote that tradition through a variety of programs at the college and K-12 levels. Through their American Political Tradition Project, JMC has partnered with more than 1,000 scholars at over 300 college campuses across the country, especially through their annual Summer Institutes for graduate students and recent PhDs. The Jack Miller Center is also working with thousands of K-12 educators across the country to help them better understand America's founding principles and history and teach them effectively, to better educate the next generation of citizens. JMC has provided thousands of hours of professional development for teachers all over the country, reaching millions of students with improved civic learning. If you care about American education and civic responsibility, you'll want to check out their work, which focuses on reorienting our institutions of learning around America's founding principles. To learn more or get involved, visit jackmillercenter.org. The Constitutionalist is a podcast cohosted by Professor Benjamin Kleinerman, the RW Morrison Professor of Political Science at Baylor University and Founder and Editor of The Constitutionalist Blog, and his student, Shane Leary. Each week, they discuss political news in light of its constitutional implications, and explore a unique constitutional topic, ranging from the thoughts and experiences of America's founders and statesmen, historical episodes, and the broader philosophic ideas that influence the American experiment in government.

On this episode of Anchored, Soren is joined by Justin Dyer, Dean of the School of Civic Leadership and professor of government at the University of Texas at Austin. They discuss some of the benefits and resources that come with big, public universities like UT. They dive into the development and purpose of UT's new civic honors major and School of Civic Leadership. They conclude by discussing the decline of general civic knowledge and some of the educational reasons for it. 

A conversation with Justin Dyer about his recent book, "The Classical and Christian Origins of American Politics: Political Theology, Natural Law, and the American Founding," from Cambridge University Press.

Embark with us as we traverse the complex terrain of higher education alongside our distinguished panel—Rick Hess, Justin Dyer, and Dean Andrew Moser. Together, we scrutinize the waning public confidence in academic institutions, dissect the legislative counteracts to campus culture, and address the impending demographic shift that predicts a drop in college-age students. Our conversation circles around the importance of alumni, legislative bodies, and political engagement in remedying the challenges that plague both public and private universities. We confront the monoculture in academia, especially within the humanities, and how this ideological conformity, coupled with a culture of self-censorship, stifles the dynamism of campus life.The debate intensifies as we shift focus to the idea that education has become too specialized, potentially at the cost of a citizenry well-versed in civics and the broader societal context. The University of Texas' bold steps with their new school of civic leadership shines as a beacon of hope amidst this specialization trend. We dissect the hurdles of weaving together a diverse student fabric while maintaining the integrity of civic understanding. Our dialogue spans the necessity for interdisciplinary studies and the pursuit of wisdom over narrow expertise, recognizing the societal forces at work even within K-12 education that influence these trends.In our closing reflection, we turn to the timeless virtues of a liberal arts education, and how grammar, logic, and rhetoric remain indispensable in a modern workforce that prizes critical thinking and complex problem-solving. Drawing from personal experiences as a professor, I underscore the significance of engaging with challenging ideas to better equip students for a fluid job market. We conclude with an optimistic vision of education reform, inspired by a collective drive to enhance learning at every level and the potential for a reinvigoration of educational institutions evocative of the 19th century's rich array of academic choices. Join our insightful dialogue that leaves us hopeful and charged for the future of learning.Support Our WorkThe Center for Demographics and Policy focuses on research and analysis of global, national, and regional demographic trends and explores policies that might produce favorable demographic results over time. It involves Chapman students in demographic research under the supervision of the Center's senior staff.Students work with the Center's director and engage in research that will serve them well as they look to develop their careers in business, the social sciences, and the arts. Students also have access to our advisory board, which includes distinguished Chapman faculty and major demographic scholars from across the country and the world.For additional information, please contact Mahnaz Asghari, Associate Director for the Center for Demographics and Policy, at (714) 744-7635 or asghari@chapman.edu.Follow us on LinkedIn:https://www.linkedin.com/company/the-feudal-future-podcast/Tweet thoughts: @joelkotkin, @mtoplansky, #FeudalFuture #BeyondFeudalismLearn more about Joel's book 'The Coming of Neo-Feudalism': https://amzn.to/3a1VV87Sign Up For News & Alerts: http://joelkotkin.com/#subscribeThis show is presented by the Chapman Center for Demographics and Policy, which focuses on research and analysis of global, national and regional demographic trends and explores policies that might produce favorable demographic results over time.

Justin Dyer, Chief Investment Officer at AWM Capital, shares insights into AWM's venture strategies and human-centered approach to athlete wealth management. He talks about the critical role of networks in VC and gives useful tips for choosing the right limited partner. In this episode, you'll learn:[6:13] AWM Capital's human-centered approach to athlete wealth management[9:14] Venture capital's role in family office asset allocation[16:15] The pivotal role of networks in venture capital[19:36] Assessing venture funds, navigating both the easy and challenging aspects[28:13] Tips on selecting the best Limited Partner for your companyThe non-profit organization that Justin is passionate about: RAISE GlobalAbout Justin DyerJustin Dyer is the Chief Investment Officer, Director of Wealth Strategy, and Partner at AWM Capital. He leads AWM's investment committee, research teams and investment operations. He has served on LP Advisory Committees and has been on the selection committee for the RAISE Global Conference, which is the premier community for forward-thinking venture capital investors and emerging fund managers. About AWM CapitalAWM Capital is a multi-family office serving professional athletes, entrepreneurs, and business professionals, with a deeply-rooted belief that wealth goes beyond the financial.Subscribe to our podcast and stay tuned for our next episode.

Join Dr. Justin Dyer and Sister Aislin Dyer as they delve into the profound themes of God's love, the journey towards emulating our Heavenly Parents, and the transformative impact of Jesus Christ in our lives.Show Notes (English, French, Spanish, Portuguese): https://followhim.co/new-testament-episodes-41-52/Apple Podcasts: https://podcasts.apple.com/us/podcast/follow-him-a-come-follow-me-podcast/id1545433056YouTube: https://youtu.be/2DX44UftjwkInstagram: https://www.instagram.com/followhimpodcastSpotify: https://open.spotify.com/show/15G9TTz8yLp0dQyEcBQ8BYPlease rate and review the podcast!00:00 Part II–Dr. Justin and Sister Aislin Dyer00:07 Show instead of tell when loving others02:14 Anointing and abiding06:26 Stewardship, goals, and patience09:34 Jesus as Advocate11:34 Hank tells a personal story about not judging our past14:10 God is love17:20 Jesus loves perfectly21:45 God loves his children23:53 Becoming like our Heavenly Parents29:33 Commandments help us experience God's love31:36 The many definitions of love33:06 Special witnesses of Jesus Christ37:08 Prioritizing our testimony39:02 Jude's example of people on a faith journey44:47 Being in alignment with the Holy Ghost48:20 Responsiveness53:49 Takeaways from this week's lesson57:54 End of Part II– Dr. Dr. Justin and Sister Aislin DyerThanks to the followHIM team:Shannon Sorensen: Cofounder, Executive Producer, SponsorDavid & Verla Sorensen: SponsorsDr. Hank Smith: Co-hostJohn Bytheway: Co-hostDavid Perry: ProducerKyle Nelson: Marketing, SponsorLisa Spice: Client Relations, Editor, Show NotesJamie Neilson: Social Media, Graphic DesignAnnabelle Sorensen: Creative Project ManagerWill Stoughton: Video EditorKrystal Roberts: Translation Team, English & French Transcripts, WebsiteAriel Cuadra: Spanish Transcripts"Let Zion in Her Beauty Rise" by Marshall McDonaldhttps://www.marshallmcdonaldmusic.com

Join Dr. Justin Dyer and Sister Aislin Dyer as they delve into the profound themes of God's love, the journey towards emulating our Heavenly Parents, and the transformative impact of Jesus Christ in our lives.Show Notes (English, French, Spanish, Portuguese): https://followhim.co/new-testament-episodes-41-52/YouTube: https://youtu.be/EvBGNff7AU0Facebook: https://www.facebook.com/followhimpodcastInstagram: https://www.instagram.com/followhimpodcastSpotify: https://open.spotify.com/show/15G9TTz8yLp0dQyEcBQ8BYPlease rate and review the podcast!00:00 Part II–Dr. Justin and Sister Aislin Dyer00:07 Show instead of tell when loving others02:14 Anointing and abiding06:26 Stewardship, goals, and patience09:34 Jesus as Advocate11:34 Hank tells a personal story about not judging our past14:10 God is love17:20 Jesus loves perfectly21:45 God loves his children23:53 Becoming like our Heavenly Parents29:33 Commandments help us experience God's love31:36 The many definitions of love33:06 Special witnesses of Jesus Christ37:08 Prioritizing our testimony39:02 Jude's example of people on a faith journey44:47 Being in alignment with the Holy Ghost48:20 Responsiveness53:49 Takeaways from this week's lesson57:54 End of Part II– Dr. Dr. Justin and Sister Aislin DyerThanks to the followHIM team:Shannon Sorensen: Cofounder, Executive Producer, SponsorDavid & Verla Sorensen: SponsorsDr. Hank Smith: Co-hostJohn Bytheway: Co-hostDavid Perry: ProducerKyle Nelson: Marketing, SponsorLisa Spice: Client Relations, Editor, Show NotesJamie Neilson: Social Media, Graphic DesignAnnabelle Sorensen: Creative Project ManagerWill Stoughton: Video EditorKrystal Roberts: Translation Team, English & French Transcripts, WebsiteAriel Cuadra: Spanish Transcripts"Let Zion in Her Beauty Rise" by Marshall McDonaldhttps://www.marshallmcdonaldmusic.com

How does a testimony of God's love help during faith journeys? Dr. Justin Dyer and Sister Aislin Dyer examine how we can face today's adversities with love, connection, and enthusiasm.Show Notes (English, French, Spanish, Portuguese): https://followhim.co/new-testament-episodes-41-52/YouTube: https://youtu.be/mHnMS4XbTrUFacebook: https://www.facebook.com/followhimpodcastInstagram: https://www.instagram.com/followhimpodcastSpotify: https://open.spotify.com/show/15G9TTz8yLp0dQyEcBQ8BYPlease rate and review the podcast!00:00 Part 1–Dr. Justin Dyer and Sister Aislin Dyer02:18 Background to Dr. Justin Dyer and Sister Aislin Dyer04:42 Background to 1 John, 2 John, 3 John, and Jude07:48 Recurring themes 08:19 Being discerning10:54 Making connections12:07 Jesus had a physical body14:26 Servants of Jesus17:15 Jesus's goal for us19:10 Sister Dyer shares a personal experience with fellowship21:49 Hank shares a story about a Home Teacher/Ministering Brother26:39 Loneliness epidemic31:43 Moroni addresses loneliness34:53 Church as a potluck dinner37:05 Dr. Dyer shares a personal story about an answer to prayer37:48 Jesus as Lord of Light44:39 John shares a story about his missionary son in Iceland45:51 Love vs fear48:03 Sister Dyer shares a personal story about the power of music51:43 “Perfect love casteth out all fear”55:04 The reality of sin57:10 The advantages of a spiritual life59:49 Avoiding shame through the Savior1:03:26 Connection vs anger1:08:18 Avoiding the natural man1:10: 52  End of Part 1–Dr. Justin and Sister Aislin DyerThanks to the followHIM team:Shannon Sorensen: Cofounder, Executive Producer, SponsorDavid & Verla Sorensen: SponsorsDr. Hank Smith: Co-hostJohn Bytheway: Co-hostDavid Perry: ProducerKyle Nelson: Marketing, SponsorLisa Spice: Client Relations, Editor, Show NotesJamie Neilson: Social Media, Graphic DesignAnnabelle Sorensen: Creative Project ManagerWill Stoughton: Video EditorKrystal Roberts: Translation Team, English & French Transcripts, WebsiteAriel Cuadra: Spanish Transcripts"Let Zion in Her Beauty Rise" by Marshall McDonaldhttps://www.marshallmcdonaldmusic.com

Do members of the Church of Jesus Christ of Latter-day Saints have better, the same, or worse mental health when compared to members of other religions, or those of no religion?  Despite some popular narratives, what does peer-reviewed academic research find? In this episode, professor Justin Dyer takes us into what the collective scholarly publications between 2005-2022 have to say on this important subject, and the reasons why more active Latter-day Saints tend to have better mental health.  Publications: “Religion, Mental Health, and the Latter-Day Saints: A Review of Literature 2005–2022” (Religions, 2023) “Perspective: What 18 years of research tells us about the mental health of Latter-day Saints” (Deseret News, 2023) “Perspective: Faith is a factor in good mental health. Why are so many people unable to see this?” (Deseret News, 2023) “Choosing Christ's Light Burden” (BYU Devotional, 2023) Click here to learn more about professor Justin Dyer

On this episode, we are joined by three very special guests - missionaries for The Church of Jesus Christ of Latter-day Saints serving in the Fort Worth, Texas Mission. Recorded 07/06/2023. Resources: BYU Speech - Choosing Christ's Light BurdenW. Justin Dyer

All choices bring burdens. Aligning our choices with Christ, with His Church, and with His Apostles is the light burden. W. Justin Dyer, professor of religious education, gave this devotional address on May 23, 2023. Access the talk here.See omnystudio.com/listener for privacy information.

Finding Center is a daily half-hour of spiritual focus and re-centering. Religious leaders, university faculty, and other thoughtful people share insight and experiences on topics most meaningful to them. On Tuesdays, we'll bring you live devotionals and forum addresses from the BYU campus. M-F 1 Eastern/10 Pacific. And you can subscribe to the podcast and never miss an episode.

Host Mark Simpson ("Bewitched Fan Fare", along with David Pierce ("The Bewitched History Book") and Adam-Michael James ("The Bewitched Continuum"), along with our panel of "Bewitched" fans (Ross Allison, Anna Bergman, Justin Dyer, Susan Hauser, Taylor Miller and Max Webb , discuss Episode #80, "Endora Moves In for a Spell".

Dr. Justin Dyer, Executive Director of the Civitas Institute at UT, and Dr. Will Inboden, Executive Director of the Clements Center for National Security and faculty member at the LBJ School of Public Affairs at UT, join Dan Peterson to discuss cultivating civil discourse in our community and being a faithful Christian in academia.

Justin Dyer comes back on the The Babylon Bee Podcast to talk about The Classical And Christian Origins of American Politics and to ask the most important question that can be asked: What would Aslan do about drag queen story hour?  Justin is the executive director for the Civitas Institute at The University of Texas at Austin: https://civitas.utexas.edu  Justin Dyer was on The Babylon Bee Podcast to talk about C.S. Lewis and Natural Law before: https://www.youtube.com/watch?v=0K09CZU-CQE  His new book is The Classical And Christian Origins of American Politics: https://www.amazon.com/Classical-Christian-Origins-American-Politics/dp/1009107844/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=&sr=

In this episode, Steve McGuire, ACTA's Paul & Karen Levy Fellow in Campus Freedom, interviews Justin Dyer, executive director of the Civitas Institute, which was recently established at the University of Texas (UT)–Austin. The Civitas Institute advances research and teaching on individual rights, civic virtue, the rule of law, and free enterprise. In addition to running the Civitas Institute, Dr. Dyer serves as professor of government and the Jack G. Taylor Regents Professor. His impressive record of teaching and scholarship focuses on American political thought, jurisprudence, and constitutionalism. Dr. Dyer was previously the founding director of the Kinder Institute on Constitutional Democracy at the University of Missouri. He received his M.A. and Ph.D. in government from UT–Austin.

The new conservative think tank at the University of Texas, up until now referred to as the "Liberty Institute", has been formally named The Civitas Institute. Its first director will be UT alum Justin Dyer, who describes himself as a "conservative, straight out of central casting, pro-life evangelical". Adding to the misery of our early heat wave this year is Saharan Dust - along with diminished air quality, however, we should get some great sunsets. Three Austin chefs - Edgar Rico of Nixta Taqueria, Iliana de la Vega of El Naranjo, and Mashama Bailey of The Diner Bar and Grey Market - have been named James Beard winners. Austin Bergstrom International Airport has broken its monthly passenger record for the second month in a row: April's all-time-high count of 1,865,046 surpasses March's total by over 40,000. The number of residents living in downtown Austin surged 79 percent between 2010 and 2020, when it hit 13,648. After a promising start, Capital Metro has announced that it will not bring its transit schedule fully back to pre-pandemic levels after all. The revival of the Austin Opry House off South Congress is approved by the Austin City Council, with caveats about the size of the project. The city's Animal Advisory Commission has passed a vote of no confidence in the director of the Austin Animal Center. Beloved local pizza purveyor Bufalina is set to reopen in the former Frank's Laundry space in East Austin. Austin has been ranked one of the best U.S. cities for hiking, at #30 out of 200. In Texas, we rank only behind El Paso at #18. Portland, Oregon tops the list. Post Malone and Slipknot have announced Austin shows at the Moody Center and Germania Insurance Amphitheater, respectively.

All advisors are willing to try to help. The problem is many do not have the right ability. Vetting an advisor for competence is a must for those wanting to create wealth. It also isn't easy due to the incredible amount of designations or certifications that can be obtained with little effort involved. If you are serious about putting the right team around you, the minimum is to require a CFP®, CFA, CPA, and CPWA® on your team. This is the minimum an advisor can do to prove to you they are serious about having proper knowledge. An advisory firm that really cares about you and your money will require their advisors to have these before ever advising. It is lazy for any advisor in the industry to not obtain one of these, all they require is effort.After that, it's time to evaluate what their experience level is with people like you. Hiring someone that doesn't specialize in people in your situation is a recipe for failure. If you are a professional athlete, you will leave a lot of money on the table by working with someone that doesn't focus on pro athletes. There are too many nuances and insider knowledge that comes from years of working with professional athletes that can only be learned through experience. Trust your instincts and if they sound more like a salesman or sounds too good to be true, don't settle. There are competent, knowledgeable advisors that are in it for the right reasons and have your best interest at heart.Have questions for an upcoming episode? Want to get free resources, book giveaways, and AWM gear? Want to hear about when we release new episodes? Text “insights” or the lightbulb emoji (

Russia has invaded Ukraine and war is the talk of the global news and financial media. Financial warfare has also been waged by countries around the globe with punishing sanctions placed on Russia. What does this crisis mean for your investment strategy?Brandon and Justin discuss what you should be thinking when it comes to unpredictable global events. Have questions for an upcoming episode? Want to get free resources, book giveaways, and AWM gear? Want to hear about when we release new episodes? Text “insights” or the lightbulb emoji (

You are ready to hire a professional but with over 300,000 people calling themselves financial advisors, where do you start?Multiple studies have proven that a good advisor can add 3% or more in value per year to their clients. Finding a good advisor with the right competence and without conflicts of interest is harder than it seems.Brandon and Justin give you exactly what to look for once you've decided to start looking and detail the value the real ones can add.Have questions for an upcoming episode? Want to get free resources, book giveaways, and AWM gear? Want to hear about when we release new episodes? Text “insights” or the lightbulb emoji (

Are you a Do it Yourself Investor? Are you ready to handle it all yourself? Fear and greed drive many of the biases that hurt investor returns. Overconfidence bias and confirmation bias are two others that are proven to cost investors money. Big companies spend millions every year to influence and disrupt the focus of investors simply using human psychology. You don't have to play Wall Street's unfair game. There is another option to achieve your success. Taking compensated risks while controlling expenses and avoiding taxes makes for a better investing experience.Have questions for an upcoming episode? Want to get free resources, book giveaways, and AWM gear? Want to hear about when we release new episodes? Text “insights” or the lightbulb emoji (

Do you know how to buy a stock? How do you open a brokerage account and which account type should you select? Have you made an investment in private equity before? In this week's episode, Brandon Averill and Justin Dyer answer these questions in detail along with the expensive costs you may not know about, and what to watch out for to become a savvy investor. EPISODE HIGHLIGHTS:(2:14) How do you buy an investment in public markets?(3:12) To invest, you go and open a brokerage account. Just like opening a checking or savings account.(4:35) A brokerage account is the most convenient way to buy publicly traded securities. (5:35) There are many different kinds of accounts and are mostly determined by the tax code.(7:03) Independent custodians hold the assets of independent RIAs and the separation is important.          (8:00) Robinhood or other discount brokers allow you to trade on your own.(8:52) How do you actually make an investment?(9:30) How you go into your account and place a trade to buy.   (10:38) Every stock, bond, ETF, and mutual fund you must know the symbol to be able to buy it. (11:35) How to buy a stock or ETF. (12:10) Bonds also have fluctuating market prices you will have to pay.(13:50) Trading costs in the form of a direct fee or the spread are transaction costs.(14:50) The bid ask spread is an overlooked cost to investors. (16:47) The accessibility of public markets is a huge advantage to investors today.(17:40) How do you make a private investment?(19:10) Be wary of who is presenting the deal to you and why it made it's way to you. (19:40) Private markets consists of private equity, venture capital, hedge funds, and private real estate. (20:57) Transparency and lack of legal structure can lead to fraud if not careful.(22:40) Investing into a pool of money with other investors makes you a limited partner.(23:15) Limited partners give over decision making to the general partners.(24:00) When money is committed the general partner will make a capital call to the limited partners.. (24:30) Legal costs of creating these investment vehicles and the tax pain point.(25:30) Compared to an ETF, private investments and their structure are much more complicated.(26:45) Private investments have minimum net worth requirements or income requirements to qualify.(27:20) Access to the best private investments is extremely competitive. (28:12) Hidden costs of being lower down the cap table aren't always acknowledged. (29:00) What are the advantages and disadvantages of being with different types of advisory firms. Which ones provide better access?

What is a Non-Fungible Token and should you be buying or creating them?NFTs and Web 3.0 have the vision to return ownership and value back to creators and their communities, but can that vision turn into a reality? After seeing news headlines like one of Beeple's NFTs selling for $69 million, there are a lot of questions floating around this relatively new technology. In this week's episode, Brandon Averill and Justin Dyer are joined by Erik Averill to discuss how NFTs work, why they are not a get rich quick scheme, finding the true value in the technology, and where they might fit in an investment portfolio.EPISODE HIGHLIGHTS:(1:01) What is an NFT? Should I create an NFT? Should I buy an NFT? (2:26) Always understand what you're investing in. This goes for NFTs, too. (3:00) An NFT is a non-fungible token. A dollar bill is a fungible. They are all the same. Non-fungible would be if President Biden signed it specifically made out to you. This makes it one of a kind and unique to you. (4:28) NFTs offer the promise of being the only one of its kind in existence.(5:52) Beeple's NFT sold for 69 million dollars. But it's more than just a digital image.      (7:10) You are buying more than a digital image when you buy an NFT.(8:05) This is not a cash grab or get rich quick scheme. If you approach NFTs that way you will not have a good investing experience.(9:11) Web 3.0 is the redistribution of ownership back to the community. Creators and the community want to cut out the middleman.   (10:10) Beeple's digital art is directly comparable to the physical art world. Just like the Mona Lisa is valued highly by the art community. (11:15) Signaling within the Web 3.0 community is driving a lot of these headline grabbing prices for NFTs. (12:05) NFTs like other collectibles (art, wine) will not end with good results for most investors. (12:55) Buying an NFT is buying into a community of people. This community can be where the real value is to NFTs.(15:00) There is extreme hype right now in NFTs and crypto. Top Shot is one example of that. (17:05) There is a ton of innovation that will change the landscape and disrupt many current competitors in the NFT space.(19:00) Be aware of copyright protection. As a creator, you want to ensure the value you have created comes back to you.(21:15) The technology is incredibly young but the innovation within technology is tangible to so many.   (22:22) Applying the principles of other investments to NFTs is crucial. Investing in NFTs must be done in the same way as other assets. (23:38) Gary V, one of the biggest crypto supporters, believes 98% of them will go to zero.(25:00) It's an exciting space but any money put into NFTs should be coming out of your speculative/entertainment bucket.(27:13) Picks and shovels. Investing in the companies that stand to benefit from creating NFT communities is a great way to gain exposure.(27:25) Returns only come from the top decile in venture. With private investments and NFTs this will likely be happening here too. (29:40) With NFTs, we would rather be good than lucky. What kind of value is being created? How do you create a community? Think of it like a business and how you can do the work to capitalize on the NFT business.

So now you are ready to invest and become an owner or lender, but what do you buy and how?Stocks, bonds, mutual funds, ETFs, hedge funds, and private investments all make up the universe you have an opportunity to invest in. To keep it simple, buying stock is ownership and buying bonds is lending. Both mutual funds and ETFs can be very efficient vehicles to access public markets but understanding the details is an essential step.Private investments like hedge funds, venture capital, and private equity can be a source of great returns but are also less transparent with much less information than the public markets.EPISODE HIGHLIGHTS:(2:01) Stocks are ownership and bonds are lending.(2:30) Stocks are direct ownership. Think Apple, Microsoft, Tesla. (3:34) Bonds are just loans. These loans can be to the US government, local government, or companies. (3:55) Publicly traded companies (Apple, Microsoft) also issue bonds to then use that money to create more value or feed growth.(4:40) There is a hidden cost: the spread between the bid and the ask price.(5:25) Access to public markets is incredible and as simple as it has ever been for investors.(6:05) Mutual funds, why they exist and what they offer.(7:27) Single stock risk and why the diversified portfolio outperforms.   (8:30) Before diversified pooled investment vehicles, investors were overly concentrated in just a few stocks to the disaster of many during the Great Depression. (9:01) Diversification and the closest thing to a free lunch in investing. (9:08) Private markets have illiquidity issues and slower transaction time to complete a purchase or sale. (9:46) Mutual funds are only priced once a day. At the end of the day they are traded or redeemed at their Net Asset Value or NAV.(10:30) Exchange Traded Funds or ETFs are traded similar to a stock throughout the day.(11:45) ETFs have gained in popularity but have been around for more than 30 years.(12:30) The misconception of mutual funds due to some fund companies charging high fees in the past. Not all mutual funds are the same. They are just a vehicle. (13:20) There are expensive ETFs and inexpensive ETFs just like the mutual fund universe. (14:50) Derivatives. How ETFs use these to juice returns and the drawbacks.(16:10) The movie to watch on derivatives is The Big Short. (17:00) Hedge funds were originally started to hedge market downturns. (18:05) Hedge funds have evolved into a bet on an active manager that they can beat the market. There are many strategies that now fall under hedge funds but very few do any hedging anymore.   (20:24) Private companies also sell ownership in stock or take money in the form of loans as bonds.(21:33) Buying stock of private companies or lending them money is called direct.(22:11) Buying into a private fund gives you the claim to ownership and the fund managers are responsible for finding worthy investments. (24:55) NFTs and how you should think about these crypto and web 3.0 talk.(26:30) Crypto is speculative because it is not ownership of a business or lending of money. This isn't a bad thing, it just means it is speculative and buyers hopefully understand that.(27:13) There is tremendous hype and it's hard to know what you actually own with NFTs. (28:00) There is a disconnect between perception and where the NFT market is currently at.(28:55) NFTs will be covered in depth next week.

To understand investing, you must start with ownership and lending. You can use your money to either buy ownership or lend it to borrowers. Investors are either owners or lenders, anything else is a speculator.   OwnershipParticipation in profits, growth, cash flow. You own the future of the business for good or bad.A stock, mutual fund, or ETF is your claim to the assets minus liabilities, but most importantly the stream of future profits. LendingLoaning out money in exchange for fixed payments and eventually a return of your initial investment. Individual bonds, bond funds, or bond ETFs do not entitle you to the growth of a company. But in exchange, if the company goes out of business, you have a higher claim on the company's assets than stockholders (ownership).EPISODE HIGHLIGHTS:(1:05) The very first principle of investing. (1:53) Ownership versus lending. (2:25) Ownership is a claim to the company's profits. And that means risk if the business does poorly.(3:30) Your equity in the business is assets minus liabilities and the future profits or cash flows from the business. (4:05) Companies may not be profitable now but have the potential for large future profits which will make the company valuable.(4:42) Real estate equity is the same math as equity in a company. (5:55) Rental real estate and the future income it provides is a great example. (6:15) Discounted Cash Flow explained. This is how you value an asset.   (7:20) Valuation is the basic principle of financial markets. It's the same process no matter what asset you choose to value. (8:08) When it comes to being an owner or lender, you can do it in the public market or private market. The biggest differences between the two is efficiency of information and volume of transactions. (9:08) Private markets have illiquidity issues and slower transaction time to complete a purchase or sale. (9:45) If you own the shares in a public company and they release reports about their expected future cash flows increasing. The value of your ownership has gone up.(11:49) Lending is called fixed income and/or bonds in the industry. (12:40) You lend your money in exchange for interest and your initial investment is returned at the time period.(13:00) Lenders have a higher claim than owners in the event of bankruptcy so it is less risky to be an owner. But you also are not entitled to profits if the company does extremely well. (13:57) Public Debt vs Private Debt (14:30) A good example is mortgage lenders and the specialization of lenders.(16:50) A good example of lending is Microsoft selling bonds to investors. Because Microsoft is so large and with a strong balance sheet. They are able to get a very low interest rate which the market sets. (17:30) Tax treatment is a huge area where lending versus ownership is much different. Ordinary income versus capital gains respectively. (18:30) What about gold, art, and crypto?(19:11) It's not an investment if it doesn't fall into either ownership of a business or lending. It is speculation.(19:11) Gold, art, bitcoin are all speculative because there are no future earnings or cash flow to expect. You only hope to sell at a higher price.(19:11) Crypto is not ownership nor lending. Your only return will come from selling at higher price (or lower).

Why risk your hard-earned money? What if you don't invest because you're too scared to take any risk? Every person has different priorities and investing money to meet those priorities is crucial to not just our happiness but the legacy we leave behind. Just making money for the sake of making money won't lead to a satisfying investment experience. Successful investors put themselves in position to weather downturns so they can capture long-term returns. This allows you to be conservative where you need certainty and aggressive where you need growth. You can tilt the odds in your favor to achieve desired long-term results by adjusting your strategy, optimization, and continuous planning.EPISODE HIGHLIGHTS:(0:30) Why even take your hard-earned money and put it at risk by investing?(1:25) Investors that don't understand the why behind their investing strategy will not have a good investing experience.(2:30) Invest to maximize the odds of achieving your unique priorities.(2:53) The reason you invest is to take the capital you have today, optimize it, and invest with the odds in your favor to meet the priorities most important to you.(3:33) No one will ever be laying on their deathbed remembering how they beat the S&P 500 every year. They will remember the impact their money made on the lives of those they care about.(4:40) Everyone has priorities and money should be grown to meet those priorities.(5:34) We need money to grow. If not, purchasing power is lost every year.(6:50) Warren Buffett's is no doubt a great investor but the key to creating his billions was actually time. (7:39) Chasing past performance or active management with a good story doesn't end well for investors. It usually means future poor performance.(8:30) Short-term sound bites make for great media but are rarely right. These market predictors are almost never held accountable if they're wrong. (9:50) Psychology of Money by Morgan Housel tells a great story about how being lucky but lacking investment strategy can literally ruin lives.(11:28) Headlines make for great entertainment, but shouldn't drive your strategy. Pushing the odds in your favor for success will keep winning over the long-term.(12:00) Be conservative where you need certainty so you can be aggressive where you need growth. This is how you give yourself the greatest chance of success.(12:30) No one can predict the future but you can put yourself in position to achieve success over the long term.(13:50) Private markets have gained a ton of press but they should always be integrated as just one part of your long term strategy. (14:55) A protective reserve provides the financial security to take compensated risk and target higher expected returns.(15:56) Wall Street firms are creating private market products to sell to investors as an asset gathering tool.(17:25) Private markets are not a panacea of great returns. There will be good years and bad years, the key is to stay the course for the long term.(18:20) Plan for the plan to not go according to the plan. Adjustments are necessary and part of any good process. (18:20) Financial structure, including a protective reserve in place, allows the power of the markets to grow your wealth over the long-term. The power of the markets has been one of the greatest wealth drivers in human history.

Money is such an important part of our lives, impacting mental and physical health. With so much information available immediately and through so many sources, sticking to the data of what works for a good investing experience can be difficult.Zoom out and look at your big picture first. This will always help focus on what's actually important and to ignore or block the things that don't actually matter with a wider perspective.EPISODE HIGHLIGHTS:(1:45) Why is money even important? Why do people jump to invest before looking at the big picture? (3:20) With so much information out there, why is it so hard to filter out the bad?   (4:05) The data and evidence for a good investing experience is out there. (5:23) Why do we invest? This is the first step to understand your big picture.(5:55) Everyone's personal experience with money is different and defines how they behave in the future with their investments.(7:05) To help our clients, we reframe and guide to the long-term, to multigenerational growth of wealth. (7:45) NFT boom and Opensea. Is this a “sure thing” to invest in? (8:45) Nothing is certain in investing. No one can predict the future. If there is no risk there would be no return for the investor taking that risk.(9:30) Theranos and Elizabeth Holmes were seen as a great investment at the time. It ended with investors losing everything and Holmes convicted of fraud.(10:30) OpenSea's valuation is very high. If you were to invest, keeping the allocation small and part of a bigger private investment portfolio is how you would do it. (12:00) Statements like “crypto is going to change the world” should trigger you caution reflex.(12:45) Be careful getting caught up in the flashy returns. Return back to what will give you the best chance of achieving long term wealth.(13:30) Not investing in private markets isn't the right answer either. Proper allocation to private markets is where you can seek big returns, when done the right way.(14:17) At the end of the day, what are you trying to achieve. Determine your priorities and the investment decisions become simple.(15:20) Investing is to make money but many investments will do that. Next week will cover how to do it most effectively.

Financial Structure is a household's entire net worth, human capital, and tax rate evaluated in a comprehensive and holistic framework.No matter how many different accounts you have, you only have one effective tax rate. A portfolio is only one part of your Net Worth. Other assets should not be ignored.Human Capital, often the greatest asset on a personal balance sheet, should also be counted.Priorities are everything you want to achieve in life and the financial structure should be tailored to achieve those outcomes.EPISODE HIGHLIGHTS:(0:40) Markets are struggling and have finished down for three out of the last four weeks. (1:03) The Federal Reserve has pivoted to be more “hawkish” and is speeding up the end of QE and signaling faster interest rate hikes.   (2:40) The Omicron variant is having less of an impact on the market as it is proving to be less deadly than previous variants. (3:25) HSBC and Wells Fargo are settling currency trades between each other on the blockchain. A great tangible benefit and use case for the blockchain. (4:05) Reddit has filed for an IPO and will go public early next year.(4:15) The Build Back Better bill currently in Congress is not going to pass before the end of the year. Joe Manchin has shut it down and will be pushed to January. (5:20) Fed Chair Jerome Powell has publicly said he can't predict interest rates. (7:10) Financial Structure is the big picture of one net worth, one effective tax rate, and knowing the value of your human capital.(8:25) Planning is an ever present item. Waiting until the last minute means you most likely have already lost out on the opportunities.(9:00) Roth Conversions and Backdoor Roth strategies. (9:30) Mutual funds are required to pay out their capital gains in the fund. These distributions can sometimes be massive short term capital gains.(10:35) Turnover in funds, meaning they are churning their holdings through frequent buying and selling can mean a huge tax bill.(12:15) Because of the reporting, no one really sees the tax drag this causes for investors.(13:15) Tax loss harvesting is a strategy to bank losses to offset future gains while staying fully invested.(13:50) A dynamic trading system allows the opportunities to be exploited throughout the year and doesn't wait until an arbitrary date.(14:40) Integration with tax planning, investments, financial strategy, insurance, and estate planning keeps.(15:40) Many times tax preparers don't understand tax loss harvesting and many other financial planning strategies.(16:15) Donor Advised Funds and giving appreciated assets maximize impact for both you and the cause you care about.(17:10) Instead of selling and donating cash, gift the shares directly to the DAF and receive a deduction for the value of the appreciated asset.(18:40) A Donor Advised Fund explained.

"The Family Is Central to the Creator's Plan." Moderators Barbara Morgan Gardner and Daniel Becerra, with featured guest W. Justin Dyer, take a deeper dive into the weekly Come, Follow Me resource. Come Follow Up complements your weekly personal and family scripture study.

Fundamentals are the science of investing. The data and evidence prove that long-term investors that stay tax-conscious win over the long term. Smart diversification, managing emotions, avoiding media pumping fear and greed, and letting markets work for you is the proven way to invest for wealth. Gambling and speculation will always be more “fun” for the risk-takers. It is also a good way to have poor returns, high taxes, and at worst, destroy your wealth. For every home run to be flaunted in the media there are hundreds of strike-outs. Risk and reward are always related. There is no free lunch. There are no shortcuts to build wealth.EPISODE HIGHLIGHTS:(0:28) News: US Inflation at highest level since 1982. Unemployment dropped to lowest level since 1969. (1:56) Starbucks employees at a location in Buffalo voted to unionize.   (3:19) SEC Chair, Gary Gensler took aim at SPACs and the risks they pose to investors.(4:20) The indexes are near all-time highs which is hiding the carnage of many speculative stocks. Many are down more than 50% from their highs. (5:31) Are you a long-term investor or are you gambling to hit a home run.(6:03) There are over 6,000 different cryptocurrencies. Picking the few winners is too risky to bet your financial future on. (7:17) The fundamentals of an investment are the science and logic behind it. This drives a future value that should be your gain.(7:55) Crypto makes huge claims that are a stretch to ever be realized.(9:15) Crypto is only one use of the blockchain and it's possible to not even be the best use of the technology.(10:20) You can apply the same logic picking crypto to stock picking. (11:00) Over Allocating to too few companies or too few cryptos can unnecessarily risk your wealth.(12:00) If you have your core priorities taken care of, then you can take speculative risk. You can take chances on low percentage opportunities with massive upsides. Because if you lose it all, your financial security is not in jeopardy.(12:47) Markets have been said by some to be overvalued for the last decade. If you had acted on that information waiting your returns would be terrible.(13:20) Valuation data doesn't correlate with forward returns. If they did, it would be easy to outperform the market.(14:20) Media never goes back to see if they were right with their predictions from the year before. Keep a look out for all these fortune tellers heading into the New Year.(15:30) Market valuations are high but that knowledge doesn't help you with forward returns.(16:38) Speculating is fun when it comes to fantasy football, sports gambling, and casinos. Building generational wealth with science and data removes the uncertainty of hoping to get lucky.(17:45) The media loves to rile up investors predicting gloom and doom. They also feed greed. This is their business model. Your advisor should cut through the noise they create and give you the clarity you deserve.

To get the best returns in Private Markets you need to have an advantage. Do you have more information or uncommon expertise about the company? Can you add value to the company to improve their chances of success? Do you have the time and team to evaluate 1000s or deals a year. The best firms keep winning for the same reason Alabama dominates College Football. The best talent, coaches & players,  want to go there. This success breeds more success. It is the same in venture capital.EPISODE HIGHLIGHTS:(0:28) News: Omicron and faster Fed tapering is causing volatility in the market. (1:26) Inflation has moved from being transitory to more persistent according to the Federal Reserve. .   (2:56) MLB Players have been locked out by MLB Team Owners. Until an agreement is reached, the MLB 2022 season is in jeopardy.. (3:03) Money has been pouring in to Private Investments amid strong performance. (5:31) Private markets, unlike public markets, have information asymmetry which can cost novice investors a lot of money.(7:37) To get the best returns in Private Markets you need an advantage. You need to have better information or the ability to add value along with Capital. (9:51) About 60% of venture capital companies go belly up. (11:11) The winners keep winning when it comes to Venture Capital. (11:30) The best venture capital firms are like the elite College Football Teams. The best talent wants to go there and they get the best deals. It's a self reinforcing cycle. (12:41) The best venture firms are seeing 1,000 pitches a year. They only pick a few. (13:37) Expected returns in the future - resetting your expectations(15:29) Private markets are not the most tax efficient asset class(17:25) Invest in the best in the private markets or just take your money and go right back to the public 

To be able to invest like a pro for the long-term you must adopt three investment philosophies:Let Data Drive Investment Decisions This means ignoring chasing the hot stock or crypto of the month and following the data that produces the best returns. Anyone that has chased COVID stocks this year like Robinhood, Peloton, or Teladoc has lost a ton of money. The same is true for those chasing the recent fund performance of Cathie Wood and ARK ETFs (tickers: ARKK, ARKF, ARKG) which have massively underperformed the market index. This same story plays out year after year in the markets and the costs to investors is painful to watch for experienced advisors. A new generation of investors gets sold the same false promise of shortcuts to wealth every market cycle. Stay Long-Term FocusedTime is the greatest superpower in investing. Being patient and ignoring the short-term is always easier said than done. It allows an investor to ignore their FOMO in the greed cycle of markets and suppress their panic when the fear cycle follows. Planning early and understanding how time can greatly benefit your wealth is not easy to understand for anyone yet it is and will always be the biggest driver to wealth creation. Customized Diversification MattersExcessive concentration creates unnecessary risk for generational wealth. Investing according to priorities reduces uncertainty while creating a tailored and superior investment experience.Risk tolerance questionnaires or age based investing philosophies completely ignore what's important to you. This type of investment advice isn't proper planning and does not set you up to create generational wealth.  EPISODE HIGHLIGHTS:(0:47) News: The Omicron variant of COVID has created uncertainty which rocked global stock markets on Friday. This is a big dose of uncertainty and markets react quickly to these type of events.     (1:39) IPO stocks so far this year are below their initial listing price. This is to be expected as the data on buying IPOs is not good for investor's returns.   (3:10) Jack Dorsey has stepped down as CEO of Twitter. (3:45) Being data driven is an investing superpower. This is a principle of investing that should be a part of your philosophy. (4:14) Long-term focus is another superpower. It is natural to overly focus on the short-term. Reframing your mindset to care only about the long-term can be learned and will produce better outcomes.    (5:06) You can't solve heart disease with a weight loss pill at age 65. You achieve better results by starting at a younger age with establishing discipline.(6:57) Why is it so hard to appreciate the long-term.(7:57) A portion of your portfolio should be invested in very risky assets to grow.(8:20) Dave Ramsey telling people to invest everything in equities and nothing in bonds without knowing anything about what they want to achieve in life is idiotic. (9:48) Time is the superpower of investing. Years and years of compounding returns creates exceptional results. Determining what “long-term” is for you is the key. (10:25) Don't wait to plan. Use time to your advantage. (10:54) How time helps with FOMO (Fear of Missing Out).(12:51) Taking your entire salary in Bitcoin is dumb. Excessive concentration of your wealth is never smart and will end badly.(14:07) Just owning bonds isn't customized diversification. High quality bonds owned to meet a priority is how a customized portfolio removes uncertainty. (15:58) Anyone that tells you they can pick the next Tesla is full of it. (17:00) Whether luck or skill created massive wealth is irrelevant. The risk to your priorities is too great to stay over-concentrated in 1 or 2 stocks. This applies to anyone including founders, venture capitalists, stock pickers, early crypto adopters.(18:45) An investment philosophy built with your priorities as the goalpost and invested according to those priorities removes the worry and a more satisfying investing experience along the way to generational wealth. 

Congress is set to pass a large spending bill before the end of the year that will increase the tax bills of many. Tax planning is something every athlete deserves incorporated into their financial advice, yet few are actually getting.  An advisor that is making recommendations without looking at the tax impact is costing you money every single year. This is unnecessary wasted wealth that you can never get back. Tax planning is easily the most missed opportunity and it's up to clients to demand it.Tax loss harvesting, backdoor Roth conversions, avoiding unnecessary capital gains, accelerating, or deferring income, asset location, individual 401ks, and duty days are just some of the menus of options when it comes to managing your tax bill. If you ignore tax planning, you are choosing to pay unnecessary taxes. EPISODE HIGHLIGHTS:(0:51) News: Rivian went public at a targeted $54 billion valuation but due to strong demand debuted at a $91 billion valuation.(1:17) Pfizer has created an antiviral pill that reduces the risk of hospitalization from COVID and is pending FDA approval. (2:00) Economic data for the economy is slowing and Congress is debating Biden's Build Back Better Plan that will increase taxes and is an increase of around $2 billion in spending.(3:55) Backdoor Roth contributions have been talked about being eliminated. This has been a great tax planning strategy over the last decade for those that took advantage.(5:17) Tax planning and investments should go hand in hand. Wall Street brokers cannot legally give tax advice. (6:05) Tax loss harvesting and how it benefits the client. (7:30) Systematic planning over the long-term adds up to significant tax savings and large account balances.(8:28) Understanding tax planning when gifting can increase the impact for the charity and save taxes for the client.(9:00) Goldman Sachs gives zero thought to tax planning. Unnecessarily realizes gains to the detriment of the client. (9:45) Separation of duties doesn't work in the real world. Your CPA isn't checking the work of your investment advisor. Find an auditor if you want to catch fraud. (10:54) Chase Carlson and other fraud attorneys evaluate if you are being taken advantage of.(11:34) The wealthiest families have a multi-family office that integrates tax strategies and investments. (12:18) Even if you're not ultra-wealthy, an independent RIA that integrates tax planning will be to your benefit. 

Public markets are efficient, meaning they price in all public information almost instantaneously. This was proven once again this week when Peloton reported earnings and immediately dropped 25%. Then, Zillow reported they were exiting the house flipping business and promptly dropped 22%. These were unpredictable news events that were immediately incorporated into the stock price. Private investments do not have this same efficiency. Those with the right access to the best investments have a huge opportunity to create and sustain generational wealth with such an illiquid asset class.When it comes to the public markets, success is achieved by investing in a diversified and data driven way across the world, and always staying long-term oriented.   EPISODE HIGHLIGHTS:(0:32) News: Braves win the World Series. Payroll number beats expectations and lifts the market higher. Very good news for the US Economy, which also brought unemployment down to 4.6%. Central banks have begun pulling back some stimulus and normalizing operations.     (2:27) Earnings season is underway. Peloton, a COVID winner, dropped on weak forward guidance.   (3:45) Zillow is exiting the house flipping business after losing money and is unloading their current inventory of homes.(4:55) Efficiency of markets and news is immediately priced into the stock price.(6:30) Public markets are efficient whereas private markets are not. (7:30) Company forecasts are often wrong just as the analysts that follow the stocks are often wrong. They both cannot predict the future. (8:15) Zillow, with their large amounts of data, could not predict future home prices enough to make a profit.(09:40) Investors with access to asymmetric information, like exists in the private markets, creates an opportunity to earn higher returns. Only inefficient markets can provide that.     (10:20) Realtors almost always tell clients their homes will appreciate but they are just guessing.   (10:42) Penn National Gaming stock crashed because of one person in the company, Dave Portnoy. (11:00) The lesson at the end of the day is that for long term investors are rewarded as the world economy continues to grow. That is the bet with the highest chance of success.(11:33) Invest across the world, in a data driven and thoughtful way. If you can do that, ignoring the short term noise, you will have success. 

“Shirtsleeves to shirtsleeves in three generations.” This is the expression commonly used to describe the reality that wealth is rarely sustained past the third generation. Building wealth is extremely difficult in the first place, and lack of planning for the next generation can destroy wealth in a hurry. The families that have conquered this trend and sustained wealth for 5+ generations understand the expertise of a team of dedicated individuals working together to achieve success. This allows families to create legacy and impact - generation after generation. Multi-generational wealth demands loyalty and independence from those advising them. It requires full customization and individualization. It must be integrated to be effective, because a family has only one Net Worth, and only one After-Tax Return.EPISODE HIGHLIGHTS:(1:10) Market news: Alibaba has declined 344B in value recently. Tesla is the latest US company to achieve a $1 trillion valuation. Markets have hit new highs once again this year.   (2:14) UBS third quarter earnings driven higher by fees from wealthy clients. High fee products sold to their clients are great for UBS but bad for their clients.(2:50) Facebook has renamed itself to Meta. CEO Mark Zuckerberg created a new holding company called Meta Platforms, Inc which includes Facebook, Oculus, and Whatsapp.   (3:15) Elon Musk now has a net worth great enough to buy every NFL, MLB, NBA, and NHL team combined. This gives perspective on pro sports value relative to the wealth creation capabilities of the biggest companies. (3:30) Mark Zuckerberg, to his credit, utilizes a family office which eliminates many conflicts of interest, customization, and integration issues that plague the big banks and wirehouses (think Goldman Sachs, Morgan Stanley, Merrill Lynch, UBS). (5:15) The problem with risk tolerance questionnaires for investors. (6:20) Individualization and customization matters when building a portfolio. Cookie cutter model portfolios do not treat people as unique. (8:17) The business model of Wall Street is to serve the masses and plug and play investors into model portfolios while avoiding liability with risk tolerance questionnaires.(10:45) What a better solution looks like to maintain multi-generational wealth. Risk should be determined according to what success looks like for each client. Not a 5 minute survey.(12:25) Those investment advisors that are not held to the fiduciary standard are incentivized to take more risk because they are not legally obligated to do what is in the best interest of the client. They only have to recommend “suitable investments” which may or may not be the best for that client.     (13:35) True customization only takes place at family offices and multi-family offices. It is too expensive for anyone else to offer this kind of service.(13:50) Red Flag: Monte Carlo simulation. This is commonly used financial modeling that gives a false sense of security to whether you will run out of money with a given portfolio.   (15:10) Ignoring private investments like venture capital is a huge mistake not talked about by those new to wealth. This is money left on the table that the best endowments in the world allocate to.(17:10) Tailored investing according to your vision of success is elegantly simple but demands a higher level of service than any of the big banks could ever hope to provide.(18:06) A client being sold a portfolio to juice returns is reducing a client into an oversimplified portfolio. No investor, let alone, an ultra high net worth should accept this oversimplification.     (20:44) All listeners deserve fiduciary advice in their best interest that is customized and integrated across all parts of their life. Tax advice and tax awareness should never be ignored.   

The most important question when it comes to investing is the why? You cannot give good financial advice or make good investing decisions on your own without understanding what success looks like to you.   Most financial advisors miss the most important question to ask their clients because they have too many clients to spend the necessary amount of time getting to know. They then invest them into one of their model portfolios that may or may not be what they need to achieve financial success.Money is a powerful tool that can be invested to achieve priorities and create multi-generational wealth. The impact on families can live on for generations when wealth is properly stewarded. Answering the why of any investor makes for a better investing experience. Even if generational wealth is not the desired outcome.EPISODE HIGHLIGHTS:(1:05) Market news: WeWork finally going public at a $9 billion valuation. Earnings season is in full swing and Netflix has created internal drama with the newest special by Dave Chappelle. Squid Game is also drawing huge amounts of interest in its first season. (3:05) Bitcoin ETF (ticker: BITO) launched and doesn hold Bitcoin directly but rather holds futures contracts in the fund.(4:15) Why should you even invest in the first place?(5:15) Money is a tool to help you accomplish your priorities.(5:35) Anyone giving you advice how to invest without knowing what you're investing for is giving poor advice. (6:20) Your why is incredibly important. Make your wealth work for you. (7:17) Investing is not speculation. Speculation is gambling and should not be confused with investing.(8:00) Invest to at least keep up or beat inflation and this maintains or increases your purchasing power.(9:25) Two different people have their own unique wants and needs and should not have the same portfolio. This is why customized investing according to priorities and not age should be how a portfolio is constructed.(11:30) A longer time horizon allows for investing in assets that have even higher expected returns. This can lead to even greater impact over a lifetime.   (12:23) “Thinking of money as a tool in this framework should provide more comfort, understanding, appreciation, focus.” -Justin(13:25) Knowing your why and the impact you want to make with your money (the tool) then guides how the portfolio is built.(16:20) What does investing for impact mean to you?(17:10) There is a huge opportunity for change and impact that could be made if investors focused on achieving priorities versus chasing short term returns and fads. (18:45) It is unfortunate the industry is still tied to a risk tolerance survey and many people aren't given the opportunity to invest according to their priorities.(19:00) The family office model allows for true customization and the greatest chance to achieve success with your money. 

In the previous two episodes of AWM Insights, we covered when the best time to invest your money is and where to look for your investment advice. This week we continue by discussing how you should construct a portfolio to achieve the returns you deserve.  Every investor deserves a portfolio tailored to the priorities they want to achieve. Very few are able to get that advice because they are stuck with biased and stale Wall Street solutions. Liability driven investing matches what you want to achieve in your life with the systematic based investment to best reach the outcome. Taking smart and compensated risk is necessary, but so is protecting essential needs with the highest quality assets. Systematic active investing gives you a real chance to outperform the indexes in a structured and repeatable way over the long-term. ETFs, Mutual Funds, and Separately Managed Accounts can all add customization that achieves the results that are in your best interest and designed to meet their priorities in the financial plan.EPISODE HIGHLIGHTS:(1:45) Earnings have so far exceeded expectations. This is supportive of the market even with the volatility of unemployment claims and inflation data.(2:55) OECD countries have agreed to a global minimum tax. This is not a done deal quite yet but will have a big impact on global markets.(4:00) A crypto ETF has been approved by the SEC. It is not holding Bitcoin but instead futures. This means it will not track the underlying exactly.(7:20) Independent and integrated advice reduces conflicts of interest and does not encourage selling the products of the firm.(8:40) Indexes have very strict and established rules on what they can do. When the S&P 500 had to add Tesla, the move was telegraphed to the market. Just being a passive indexer forced you to be front-run by other investors.(10:00) Blending the world of active and passive can take the best of both worlds. It allows for smarter trading so that you don't blindly follow an index.(11:00) Favoring factors that have outperformed over the long-term can create a superior portfolio that increases returns and reduces volatility over time.(11:30) Mutual funds vs ETFs and Separately Managed Accounts can all add customization that can achieve the results that are in the clients best interest to meet their priorities in their financial plan.(14:30) Private investments can be high-risk high-reward but staying consistent to taking smart risk wins over the long term.(16:09) Tilting the odds in your favor is the key to being a good investor. Having a plan and investing based on priorities in a structured way is simpler and more effective.(17:40) The odds of finding the next Tesla before they were popular are not in your favor. It's okay to buy individual stocks but you should not expect to outperform the market over the long-term. The data has proven this time and time again.(19:00) Not all private investments are created equal. Access to the best deals matters the most in private investments. This is not like the public markets where you can open a brokerage account and buy great companies.(19:40) Always ask why? Why am I seeing this deal? What value can I add? If I'm just there to write a check, probably not a good investment.(20:15) Keeping the odds in your favor is like being in the house in Vegas. The odds are in your favor.

Whenever you have the money, it is the best time to invest. The caveat is that you must have a customized, well thought out plan that you can stick with over the long term. The market will always give you an excuse to wait. The problem is that waiting has proven to cost investors sitting on the sidelines huge amounts every year.    Markets are rallying this week on an agreement to raise the debt ceiling temporarily, the COVID delta variant is declining, and Russia is agreeing to pump more oil. Does this mean you should wait until markets go down? No, because without the structure and process to get invested, you will always find a way to put off investing until next week. When markets were going down aggressively as they did in March 2020, you would have said: “I'll just wait until they go lower.” No one rings a bell for you that the market has bottomed. Calling market bottoms and tops is purely luck. Anyone telling you differently has something to sell you. Something to keep an eye on is the release of the Pandora Papers. This is a follow-up release to the Panama Papers by the International Consortium of Investigative Journalists. It is fascinating to see hugely influential world leaders and celebrities doing whatever they can to evade taxes. A key distinction here: tax avoidance is perfectly legal and should be implemented as part of tax planning for anyone paying large amounts of taxes. Tax evasion is never worth the risk, especially when you are high profile.EPISODE HIGHLIGHTS:(4:19) Markets are rallying from the recent sell-off because some of the uncertainty over the debt ceiling has been removed. Republican and Democrat leadership have agreed to fund the government through December.(4:35) Is now a good time to invest? It's always a good time to invest. Markets reward investors over the long term. (6:10) Wall Street has a playbook of calling you when the brokers see markets decline. They then tell you to buy the dip like they alone can predict the future. This is salesman 101 trickery at its core. The reality is your investment plan should already be fully invested. Sitting on the sidelines is harmful to your financial priorities. (8:00) Returns have been above average so far year to date. Volatility is elevated but at historically normal levels. Markets will always give you a reason to wait to get invested. They are very good at appearing like they can't keep going up. All of the data that exists for long term investors tells us otherwise. (9:30) March 2020 and the perfect time to invest. The problem is the entire world was shutting down and uncertainty of the future of the world economy was at its highest. It only now looks like it was a no brainer with the benefit of hindsight.(10:20) The real question is, when would you feel comfortable investing? Creating a financial plan and sticking to it with a long-term philosophy is how you achieve success in investing.(12:30) There will be another financial crisis. They have happened many times in history so they should be expected in the future. It is the price of admission for the returns of the market. The way to take advantage of it is to have a customized financial plan with a portfolio implemented to make you financially bulletproof through these periods. (14:20) Volatility in the equity market should not be affecting your priorities. If it is, you do not have a good financial strategy/advisor.(15:20) Recognize your human capital as the asset it is. Converting your human capital to financial capital over time is what creates generational wealth.(16:35) Atomic Habits by James Clear, “Professional stick to the schedule, Amateurs let life get in the way.” (17:45) Whenever you have the money, it is a good time to invest. But you must have a well thought out plan that is diversified across markets and a long term philosophy. Without it you are just a rudderless ship at the mercy of the wind.

There are millions of places to find mainstream investment advice across television, books, social media, newspapers, newsletters, and friends. The problem is that this advice is almost always inappropriate for you - and often objectively wrong or misinformed. The best in the world seek only customized financial advice specific to their own situation and free from conflicts that plague Wall Street.With markets experiencing a pullback from all-time highs, it is a good time to ensure your advisor has the expertise, experience, and structure to grow and maintain your family's wealth for the long-term. EPISODE HIGHLIGHTS:(2:00) The S&P 500 is up 16% year to date, 31% over the last one-year period, and 120% total return over the last five years. Perspective matters on pullbacks and corrections.(3:30) The world's wealthiest family, The Walton family, worth around 238 billion, owns ETFs in their top 10 holdings. You don't have to own individual stocks to grow and sustain wealth.(3:53) Tom Brady launches his clothing line and his 21 year age gap with Mac Jones.(4:50) Credit Suisse dumping the debt of Evergrande, the Chinese real estate company in danger of defaulting on their obligations, to their private wealth clients.(6:00) The first step of investing like a pro, assembled an expert team doing what's in your best interest.(7:45) UBS and other brokers do not have the ability to give tax advice.(9:00) Conflicts of interest in financial advice and what you can do about it.(12:00) Warren Buffet and the game he is playing. When he passes he has publicly stated many times that his wealth is going into index funds. He understands how hard it is to beat the market.(13:55) The financial media does not have your best interest at heart. They know what sells advertising space and will exploit that to the fullest.(15:30) The problem with Rich Dad Poor Dad and listening to amateur advice.(17:45) What does the data tell us about expected returns at all time highs?(20:50) How do you evaluate your true risks in investing and what gives you true control and clarity in your plan?(22:15) Why we believe so strongly in doing what's in our clients best interest.

Last week had the largest market down day of 2021, yet the markets finished slightly up on the week. What can and should you expect from the market?Markets moving up and down is normal and should be expected. As an investor, you will live through many rough market days. You will experience many fear and greed cycles. The key to weathering these storms is creating an investment game plan and sticking to it. You shouldn't panic when the market is down 2%. Patience pays off in sports and in investing - you don't bench your best player because they strike out once or twice. Emotions cause bad decision making, but staying rational can be easier said than done. It is why the plan is so important, because reacting can destroy your returns.EPISODE HIGHLIGHTS:1:18 The news you should know: US households' net worth hit record highs and the largest increase in real estate holdings ever.1:54 Congress looks primed to pass tax increases on corporations, individuals, and estates. The capital gains rate is slated to move higher and also the top tax rate. Tax minimization strategies are also being targeted for removal including the backdoor Roth IRA.3:35 Evergrande, a real estate company in China, is in danger of defaulting on their debt. This creates uncertainty which causes volatility in the markets. When a company as large as Evergrande defaults it can cause shockwaves that impact other companies and markets. 5:30 Market volatility is a normal and healthy part of financial markets. If markets only went up and there was little to no risk then you would not be rewarded in the form of higher expected returns. Risk and return are always related. It is a basic foundation of investing.11:00 No one is surprised when a hitter strikes out. It's a natural part of baseball and no one panics when it happens. This is no different than markets and the selloffs, corrections, and recoveries that occur every year. 17:00 Risk aversion is an investor bias of losses hurting more than gains. Sticking to your investment plan and controlling emotions allows you to capture the returns you deserve. 18:00 Herd mentality and why it feels good to be doing what everyone else is doing. If you follow the herd instead of your own investment plan, you will damage your wealth.21:00 Be careful where you get your advice. There is no need to feel insecure like you should know how to invest. CNBC and other financial media are preying on your emotions to drive their advertising revenue. Professionals that give advice only in your best interest would be able to help you focus on what matters for only you. 23:25 Brandon's book recommendation: Get Wise to your Advisor. A great resource when it comes to finding an advisor.

With recent market dips, a common question that arises is: what causes market volatility?The answer is a complex set of circumstances determined by many market decisions, but the real question lies in what you as an investor should do in times of market volatility.Many headlines will prod a doom and fearful response, but what does the evidence show?In this week's episode, Brandon and Justin discuss the many different factors that can cause market volatility and the best approach to getting the returns you deserve, tuning out the noise in temporary market downturns, and investing for decades with a portfolio structure built to meet your priorities.EPISODE HIGHLIGHTS(00:33) The news you should know: mixed economic signals before next Fed meeting, Biden's proposed tax plan, Microsoft's share buyback program, Federer's IPO, Amazon offers college tuition at select schools for employees.(5:59) What's going on in the market today?(7:29) Complexities of market volatility?(9:58) Guessing how many jellybeans are in the jar(11:46) The perils of market timing(14:23) You might get it right once or twice, but is it a repeatable process?(16:16) The good news is that you can participate in the greatest wealth building tool ever created(17:54) Measuring success in decades

Is picking individual stocks a good investment strategy? Yes, if you like not being compensated for a lot of risk…No, if you want to have an actual investment strategy. While a case could be made for individual stock selection 50 years ago, in today's information age, any edge investors may have had decades ago has been eliminated. In this episode, Erik, Justin, and Brandon highlight the fallacies around having “diamond hands,” and being able to consistently pick the best performing stocks. EPISODE HIGHLIGHTS 1:02: The news you should know: El Salvador now recognizes Bitcoin as legal tender, but Bitcoin has not performed as well as expected since then.02:25: Markets have been a bit rocky as many investors get cautious around additional market highs. The surge in the Delta variant could also be priced into investor hesitation.03:02: It's not out of the ordinary for markets to see corrections – it's actually healthy. What is abnormal is perpetual all-time highs.04:28: It's still commonplace for investors to pursue finding the best individual companies to invest in. Wall Street has made a killing off selling which company stock is “hot.”05:25: While individual stock selection has cemented itself as the default investment strategy for most investors, it is a horrible strategy when looking at the risk you're taking.06:16: Individual stock selection was easier 50 years ago when investors could gain an edge by digging through financial statements that were not as easily available to all participants.08:40: Everyone wants to pick a home run, and the lottery fallacy says that if I get one selection right, I'll be compensated for the losses I incurred waiting on my “home-run pitch.”12:28: If I play the individual stock selection game, what I'm really saying is I know something about this one company that no one else knows.14:48: There's no real information advantage in the public markets, but there is certainly an edge to be had in the private markets.18:39: Even with private investments, we still need to stick to the fundamentals.20:06: If we can't predict the future, then having a strategy that's not predicated on predicting the future (individual stock selection) is essential. I have to be confident in my decision-making philosophy and stick to it. 

Following our deep dive into risk on last week's episode, we received a listener question asking if risk and return are always perfectly related.Absolutely not.Simply taking on more risk doesn't lead to more success. There are different types of risks that are important to understand before introducing added risk into your portfolio.Erik and Justin continue the conversation this week to explain the differences in risk and the importance of making sure you're compensated for the type of risk that you take on.EPISODE HIGHLIGHTS(1:30) The news you should know: Federal Reserve meeting, Rivian is going public, and social media stars who move markets.(6:24) While risk and return are related, not all risks are well compensated(7:50) You can never know 100% of the risk(8:56) The two important questions to ask(10:44) Taking calculated risk(12:45) Participating in owning companies over the long-term to capture the market premium(14:23) Why smaller companies generally outperform versus large companies(16:49) The evidence of well compensated risk

This week Pastor Wilson talks about jury nullification and gives us his personal account of being jury duty himself. Then he plods on to review Justin Dyer and Micah Watson's book, “C.S. Lewis On Politics and Natural Law”. Then Pastor Wilson wraps things up by taking a look at the Greek word anosios. Happy Plods!   Show Notes:   Jury Nullification: Juries have authority over the law and not just over the person accused Pastor Wilson was selected to be the foreman of a jury If you have the opportunity to serve in a jury you should You should also read up on jury nullification before you serve   C.S. Lewis On Politics and Natural Law: Written by Justin Dyer and Micah Watson C.S. Lewis claims to be bored by politics, but this book shows C.S. Lewis was a sophisticated political thinker He is profoundly conservative in his outlook on politics, and is very much a classical liberalist If you are interested in political theory, natural law, political science, and C.S. Lewis then this is your book   Anosios: Rendered as unholy Used in 1 Tim. 1:9, 2 Tim. 3:2 Too many Christians see holiness in terms of a seraphic countenance and an implied halo, and thusly see unholiness as the mere absence of that -- a state of being ordinary But as Paul uses unholy here, it means polluted and defiled

Justin is the former Director of Franchise Integration for ABC Financial Services. He's extremely knowledgeable of the capabilities, limitations, and potential for software in the fitness industry. In this episode we dive into the opportunities all companies have to pair software with people to increase retention.