Podcast appearances and mentions of keith blakely

A.I. (Artificial Intelligence) is impacting golf in so many positive ways! In this episode, Steve discuss how it's impacting golf in the areas of golf ball construction, golf club design, golf swing mechanics, and in-game statistic tracking. Learn how these areas of the game are improving and how it can help your golf game! Steve's guest is OnCore Golf CEO Keith Blakely. They discuss the following topics: How OnCore began and how Keith turned ideas into reality Their line of golf balls and how they can improve your game Golf Boost AI and how it can improve your golf swing OnRange Experience, how it helps you practice with a purpose and the future of driving ranges The Genius Ball and the amazing technology it could deliver to golf ......and much more! Learn more about The 6th Annual Kentucky Derby Viewing Party & Silent Auction benefiting First Tee Upstate Saturday, May 1st 5PM to 7:00PM Taking place at Fluor Field https://www.firstteeupstate.org/events/2021derby/  Thank you to Pure on Main for sponsoring this podcast! Live a healthier life by achieving whole body wellness the all-natural way with the help of Pure On Main! Visit their website at www.pureonmain.com and start feeling better and living a healthier life!  www.goforthgolfinstruction.com  www.willow-creekgolf.com  www.oncoregolf.com

Bigg Jon Vic, Bill "the GolfFather" Cuebas, and Amanda "Golf Diva" Robertson discuss the harsh suspension of a Professional Golfer, and more. Bigg Jon and The GolfFather discuss upcoming events and announce Giveaway Winners. GUESTS:- Rx.Golf discusses a prescription discount card that give back to help Junior Golf Programs.- Junior Golfer Morgan Rodriguez (12 years old) WINS her local Drive, Chip, and Putt to move onto Augusta National, and compete at the Masters Drive, Chip, and Putt.- Keith Blakely from OnCore Golf discusses their news about creating a $30 million dollar entertainment complex for golfers, and sports enthusiasts.

Bigg Jon Vic, Bill "the GolfFather" Cuebas, and Amanda "Golf Diva" Robertson discuss the harsh suspension of a Professional Golfer, and more. Bigg Jon and The GolfFather discuss upcoming events and announce Giveaway Winners. GUESTS:- Rx.Golf discusses a prescription discount card that give back to help Junior Golf Programs.- Junior Golfer Morgan Rodriguez (12 years old) WINS her local Drive, Chip, and Putt to move onto Augusta National, and compete at the Masters Drive, Chip, and Putt.- Keith Blakely from OnCore Golf discusses their news about creating a $30 million dollar entertainment complex for golfers, and sports enthusiasts.

Jon Stein, Founder and CEO of Betterment, the country's largest robo-advisor with more than $18 billion in assets under management, shares how he built Betterment and why you should join the future of investing. Some questions answered in this episode: How did you get the idea for Betterment? Why did Betterment start in 2008 during the last recession? How has Betterment grown so quickly? What makes Betterment different and separates it from competitors? What is Betterment's company culture? What drives Betterment's focus? Who are the primary Betterment customers? Does it get stressful having so much money under management? How has being located in New York helped Betterment grow? Why does Jon ride his bike to work? What are the biggest highs and lows since founding Betterment? What do Jon's days look like right now? How often does Jon check email and how does he shut out distractions? How does Jon judge Betterment's success? Why do so many millennials  struggle with long-term saving and how does Betterment help? Will Betterment be launching any new products in the near future? How many employees currently work at Betterment? What advice would you give to an entrepreneur starting out who is hesitant about growing their company? What is the best thing you have spent money on in the last six months? What additional advice would you give to millennials? Shoutouts: LaCroix How I Built This with Jon Stein Forbes article with Jon Stein Mr. Money Mustache Betterment experiment Enjoyed this episode? Be sure to open a Betterment account (referral link to get 3 months free). Also, check out our podcast with Keith Blakely to learn more about investing and the economy. Have any topics you want to be covered or amazing people you’d like us to interview? Let us know! You can email us at info@drunkenmoney.com. You can also find us on Facebook, Instagram, Twitter, and Linkedin. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe.

Hands down one of the most fascinating episodes of G&E The Podcast to date. Keith Blakely, co-founder of Oncore Golf, came on the show to talk about the companies evolution and their disruptive technology with their latest product, the GENiUS Ball. They have big plans for golf and your going to want to hear them.

For this episode, we wanted to mix it up and let you, our listeners,  ask us any questions you had about personal finance. Ask Drunken Money Anything:  What is our best advice for planning ahead for a large purchase (such as a vacation), without sacrificing going out to the bars and making fun purchases? This is the reason we created the "Six Tenets of Drunken Money". Make sure you know exactly how much money you need to reach your goals, and then use the 50/30/20 rule of budgeting to achieve your goals. Remember to always tell your money where to go, don't look back at the end of each month and be surprised by your purchases. There are a lot of great free apps to help with budgeting, and you can create a separate savings account for your large goal so you don't spend the money you've saved. Cut back on unnecessary purchases (such as Spotify or Netflix subscriptions) in order to achieve your larger goals.  How large of an emergency fund is necessary for a millennial? The general rule for emergency funds is to have 3-6 months of savings in case you lose your job. The tougher it is for you to find a new job and replace your income, the larger your necessary emergency fund (a teacher may need a larger emergency fund in the middle of the school year if they wouldn't be able to get a comparable position until the next school year). You can also keep separate emergency funds for unexpected events (such as an extra $1,000 set aside for a future car breakdown or money in a Health Savings Account for medical emergencies). Keep emergency fund money in low-risk savings accounts you can easily access in case of emergency. Do not invest emergency fund money in stocks or other riskier investments. This is money you do not want to decrease in value, and you want to make sure you can easily get to it (don't invest it in real estate or long-term Certificates of Deposit). What advice do you have for a student to save up income while in college? Get a job! Both of us had jobs in college, and you most likely have free time between classes and on weekends to work (and all summer!). You generally will have very few expenses while in college, so you can really save up your income (also - drink at home and eat at school to save money). Make a budget! Do not blow the money you are making. Invest as much as you can - the biggest advantage you have is time (see our Compound Interest episode). What is Vanguard? Should millennials invest in Exchange Traded Funds (ETFs) or Mutual Funds? An ETF is a slice of a larger pool of stocks you can purchase (for example, you can purchase an ETF that mirrors the S&P 500 index fund for a fraction of the cost of purchasing all the companies in the S&P 500). Many investors love ETFs because they have very low fees. A  mutual fund is a group of investments that is managed by a professional. While many investors also love mutual funds, the fees are much higher than ETFs and will add up substantially over time for millennials investing in the long-term. Check out our episode all about investing with Keith Blakely.  What are the advantages and disadvantages of renting vs. purchasing commercial real estate? When purchasing real estate, lenders are going to look at your profitability (do you make money?), your income trend, and your collateral (what will you give them if you default on the loan?). They'll also look at your personal financials to make sure you don't have too much debt, you have a large enough down payment, and have enough cash flow to pay off the loan. For tax purposes (for businesses): Renting: Tne entire rental payment each month is deductible on your taxes. Owning: Only the interest paid on the loan's monthly payment is deductible (you cannot deduct the principal portion of the loan payments). You will also be able to depreciate your building over time (commercial real estate can be depreciated over 39 years). You would also want to look at your cash flow and make sure you can easily make the monthly loan payments if you decide to purchase a building. For tax purposes (for personal): Renting: You can't deduct any rental payments. Owning: If you itemize your deductions, you can deduct your mortgage interest on your principal home. You cannot take any depreciation unless you use your home for business. Also, don't forget, when you purchase real estate you are building equity over time, and can eventually sell your building for (hopefully) more than your original purchase. Special shoutouts and show notes: Betterment You Need a Budget (YNAB) Vanguard Enjoyed this episode? Check out one of our first episodes, Dissecting Dave Ramsey's Seven Baby Steps. Have any topics you want to be covered or amazing people you'd like us to interview? Let us know! You can email us at info@drunkenmoney.com. You can also find us on Facebook, Instagram, Twitter, and Linkedin. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe.

John and Paul look at "9 Things Millennials Don't Understand About Money" from TheCollegeInvestor.com and give their thoughts. Dissecting a Millennial: Millennials don't always know they're in debt. While this is hard to believe, we can see situations where college students don't know what they're getting into when they sign up for student loans. It's extremely important to pay off these student loans as fast as possible. Check out our episode on student debt with Jordan Clemons. Millennials don't know how to repay their student loans. Millennials don't understand their health insurance options. We can definitely understand this one - there is typically little guidance on choosing health plans when you sign up. Paul advocates enrolling in a high deductible health plan and supplementing with an HSA (Health Savings Account). John has always been a fan of being a little more conservative with health insurance and chooses a middle plan for just in case he gets sick. Learn more about health insurance here. Millennials don't know how to handle their bills.  We advocate auto-paying all bills you can (just make sure you review the bill first to make sure it's okay and that you have enough money in your bank account). Anything you can't automate, make sure you pay it off as soon as possible so you don't forget. If you do have to pay late, many companies will waive the late fees if you ask and it's your first time paying late. Millennials don't understand the power of compound interest. The biggest advantage you have as a millennial is time! The interest you earn on your investments today will also keep earning interest. The Rule of 72 - divide 72 by your expected interest rate to get how many years it will take for your investment to double. For example, if you expect an 8% annual interest rate, your investment will double value every 9 years (72/8). To learn more about compound interest, check out our previous episode. Check out this article from Business Insider to learn the importance of investing at age 25 vs. age 35. Millennials don't understand the history of money. The article claims millennials are too scared to invest. We actually disagree and feel as if many millennials are a little too bullish, as they most likely started investing after the stock market crash. As long as you have a long-term outlook on investing, the U.S. economy is practically guaranteed to grow and you will make money. You never know when the next recession will hit! So invest now! You can't time the market. The best time you can spend today is to check out our episode on the economy and investing with Keith Blakely. Millennials don't know how to do their own taxes. John believes if you are a W-2 employee and have minimal investments, you should prepare your own tax return to save money. If you have more investments or freelance income, you should probably hire a tax preparer as your return will be more complex and you could be missing out on deductions, state and local filing obligations, or planning opportunities. Millennials don't understand the importance of follow up. Make sure if you move you don't lose track of any bills. Millennials don't know how to negotiate. If you think you're worth more, be sure to negotiate your salary. John is a prime example - if he trusts you he'll assume your price is fair (and vice versa). Paul tells a story of how everything is negotiable in China. At the end of the day, it all depends on what you're purchasing and how much you trust the other person. Special shoutouts and show notes: Kyle Elmore - White Picket Real Estate (check out his episode) for providing the wine on today's episode.  Velvet Devil Merlot Have any topics you want to be covered or amazing people you'd like us to interview? Let us know! You can email us at info@drunkenmoney.com. You can also find us on Facebook, Instagram, Twitter, and Linkedin. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe.

Paul and John announce "The Six Tenets" of Drunken Money. We break down the steps any millennial can follow to achieve their financial goals. The Six Tenets of Drunken Money: Dream - Have a tangible goal you're trying to accomplish. Make it a SMART goal. Be as descriptive as possible about what you're trying to achieve when you want to achieve it, and break it down into smaller chunks. Specific Measurable Attainable Relevant (or Results Focused) Time-bound Break down your goal into smaller chunks so you know exactly what you need to achieve each week/month. Budget - Build a budget and stick to it. We advocate following the 50/30/20 rule. 50% (maximum) of take-home income should go to needs (rent, mortgage, utilities, internet, food) 30% (maximum) should go to wants (going out to eat, drinking, Netflix, Spotify, clothes, sporting events, concerts) 20% (at least) should go to savings (for an emergency fund, investing to achieve your goals) Use an online tool to help you track your budget, or you can easily create an Excel spreadsheet. Manage - Manage your debts. We advocate paying off the highest interest rates first. Get rid of credit card debt, student loans, and auto loans. Check out our episode with Debt Roundup to learn more about paying off your debt. Pay off as much principal (the actual loan balance) as soon as possible to shorten the life of your loan. Invest - Begin investing in your future.  Once you have your debts under control, it's time to start investing to achieve your goal.  Nobody ever says they wish they would have waited to start investing.  Keith Blakely breaks down why it's so important to invest as early as possible.  Break down your goals into the smallest possible chunks so you know exactly how much you need to invest each month based on historical returns.  Max out your 401(k) if your employer matches, invest in Roth IRAs, and talk to a financial advisor.  We also love robo-advisors such as Betterment, Wealthfront, and Charles Schwab.  Improve - Make sure you never stop improving.  Strive to always get better at your job, by learning new skills and constantly building your network.  Start a side business Constantly read books, internet articles, and listen to podcasts.  You can learn anything you want with all the content available right now.  Relax - Bring in passive income.  This is the ultimate end goal of your financial journey - to make as much as passive income as possible.  Whether through dividends on your investments, rental income, book royalties, or starting a business and letting somebody else run it for you.  As soon as your passive income exceeds your daily expenses, you can retire (retire means you can do whatever you want with your time, you can never just sit and do nothing).  Special shoutouts and show notes: Louisville Pure Tap Water Spotted Cow Beer - New Glarus Brewing  Every Dollar Mint How to Win Friends and Influence People - Dale Carnegie Drunken Money Budgeting Tool Enjoyed this episode? Check out our dissection of Dave Ramsey's Seven Baby Steps or our episode on compound interest. Have any topics you want to be covered or amazing people you'd like us to interview? Let us know! You can email us at info@drunkenmoney.com. You can also find us on Facebook, Instagram, Twitter, and Linkedin. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe.

Keith Blakely, CFA, Investment Advisor at Stock Yards Bank, joins us to break down what's going on in the economy and how it impacts millennials. Ever hear about what's going on in the economy but aren't sure how it impacts you? In this episode, we focus on making sense of the economy. Making Sense of the Economy: ***Disclaimer - the opinions of Keith Blakely and Drunken Money in this episode are not intended as specific financial advice. Consult with a financial advisor before investing.  Why does the economy matter? Keith breaks down why the economy's important and defines some of the main drivers of the stock market (GDP, Inflation, Dividends, Stock Buybacks). Keith explains why time in the market is more important than timing the market. As a millennial, your greatest asset is time, so you're perfectly set up to have a successful retirement by investing for the long-term. The U.S. stock market is almost always up over 10-year periods, and has never been down over 15-year periods. We learn what stock Keith is currently bullish on, and his reasonings why (note: this isn't specific investment advice). Keith tells us why the Federal Reserve is important and how it can help control the economy. What is the current state of the economy? Keith tells us his take. What are the next big industries about to take off? Keith explains why he is focusing on Blockchain (the method behind Bitcoin) and Virtual Reality/A.I. What is the impact of robo-advisors on investment? Surprisingly, Keith thinks they will actually help him and his profession in the long-term. How should a millennial start investing? Pay off their debt (highest interest rates first), contribute to an employer-matched 401(k) first (FREE MONEY!!!) We cover why a Roth IRA or 401(k) is usually a better investment for millennials than a traditional IRA or 401(k). Keith explains why he loves target date funds, and why millennials have the opportunity to be riskier when they're young. What are bonds? Keith breaks down exactly how bonds work. We learn Keith's thoughts on real estate investing and the importance of diversifying investments. Last call questions and answers: Best career advice: Work for two years after college and then evaluate your situation. What advice would your 60-year-old self give you today? Keep friends and family close and enjoy life. Best thing spent money on the past 6 months: Callaway EPIC Golf Driver  Financial vice: Alcohol and golf What media do you recommend: Christine Benz articles on Morningstar Favorite drink: Bud Light Special shoutouts and show notes: Bud Light - the beer of choice for this episode and Keith's favorite thing to drink. Charles Schwab - Keith is bullish on Charles Schwab right now because of their robo-advisor platform and easy access to cash, and it is a favorite investment tool of Paul. Betterment - John uses Betterment and loves how easy it is to "set it and forget it" when investing. Enjoyed this episode? You can learn more why investing early is important for millennials in our episode "The Easiest Way to Get Rich". Have any topics you want to be covered or amazing people you'd like us to interview? Let us know! You can email us at paul@drunkenmoney.com or john@drunkenmoney.com. You can also find us on Facebook, Instagram, Twitter, and Linkedin. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe. You can learn more about Keith Blakely and connect with him on LinkedIn.