Podcasts about moneywise

We're still surprised people did this but... 50+ founders worth $10M to $4B reveal their personal finances. Here it is: https://joinhampton.com/mw-wrWhy do we do this? Because if you're an aspirational person or someone who runs a business and is making money, it's incredibly challenging to figure out what to do. Information is impossible to find — and that's what we put together: the net worth reveal and why we do this podcast, Moneywise.He manages $1.5 billion for other people — and still tracks his own spending in a paper checkbook.Glenn Ullmann is a former Air Force pilot who left the military at 29 with a couple hundred thousand dollars, cold-called 200 strangers a day out of a Ponte Vedra phone book, and built Ullmann Wealth Partners into a $1.5 billion RIA that has never had a down year — including 2008. He stopped worrying about money somewhere north of $20 million. Now 63, he spends $30–40K a month, flies his own $1.25M Cirrus, gives more to charity than he can deduct, and still shows up to the office every day.This episode gets into the tension between saving and actually living: why Glenn tells clients with health issues to fly private before their kids do it with the inheritance, how a $10M portfolio pays you $300K a year in "rent" whether markets are up or down, and why he thinks stocks are a bad word. We also cover how he gave up 80% of his own firm to keep his partners, the paper ledger that runs his life, the client who started at $100 a month and now takes the best trips on earth, and why he'd tell a 20-year-old to study English or history instead of finance.Also, this podcast is made by Hampton, which is a community for founders doing on average $20 million a year in revenue. We saw a lot of these money conversations happening privately behind closed doors and we thought, "What the heck, let's make it public." If you are a founder, apply here: http://joinhampton.com/mwTimestamps:01:46 — Who Glenn is, what Ullmann Wealth Partners does, and why "returns don't matter if you rear-end Melinda Gates without an umbrella policy"04:16 — Growing up in his grandfather's plastics business, the Robin's-egg Cadillac, and the gold coin that says "your friendship means more to me than a pot of gold"06:26 — A Morgan Stanley account at 14, paper route money, and his first stock: Sears Roebuck07:44 — Nobody from his high school went to the military. He went to the Air Force Academy three days after graduation: "the best thing I ever did, other than marrying my spouse"11:50 — The Cirrus G7, the parachute that lowers the whole plane, and the button his wife can push if Glenn stops functioning mid-flight13:35 — From AWACS pilot to pharma rep to stockbroker: dialing 200 people a day, 10 conversations, one client17:45 — Net worth leaving the Air Force at 29 and the million-dollar goal on a piece of paper that "never happened"19:26 — The $2M–$20M client sweet spot, and why the firm has never contracted in 25 years — even 2007–200921:57 — Why he went from owning 100% of the firm to 20%: "How could they not have equity?"24:03 — The 11x17 "life map," and the client who was stabbed and left for dead in her New York apartment26:15 — HENRYs who save $10K a month and still need to be told to go enjoy the rest: "People get cancer. People die falling off a ledge."28:49 — "If you don't spend this money and fly first class, your kids will when you're dead"30:40 — The net worth where Glenn stopped worrying: "probably above 20"31:49 — Alimony, fun, and the pen-and-paper checkbook ledger a $1.5B wealth manager uses to track his Amex33:29 — The $1.25M four-seat plane, $40–50K a year to operate, and a $30–40K monthly burn before philanthropy35:10 — Giving appreciated stock and exceeding his deduction limit every year36:21 — Why he still goes to work at 63, the wingman system, three chronic illnesses, and "sometimes a founder needs to get out of the way"39:40 — The Melissa example: $100 a month in 1993 to the best trips on earth41:26 — Where to park $10M after a liquidity event: "you're going to collect around $300,000 a year in dividends and interest"42:55 — Not a real estate guy, the $100K driveway, and "I never invest in things that eat while I'm asleep"44:48 — 90% in global equity, and why "they're not stocks, they're companies"45:40 — Reframing an $80K private flight as a month and a half of portfolio income47:39 — What he'd tell a 20-year-old picking a major: English or historySponsors: Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.comSubscribe to Moneywise: https://www.youtube.com/@themoneywisepodcastFollow Daniel on X: https://x.com/danielcberkListen on Spotify / Apple Podcasts: [search "Moneywise Hampton"]

We're still surprised people did this but... 50+ founders worth $10M to $4B reveal their personal finances. Here it is: https://joinhampton.com/mw-wrWhy do we do this? Because if you're an aspirational person or someone who runs a business and is making money, it's incredibly challenging to figure out what to do. Information is impossible to find — and that's what we put together: the net worth reveal and why we do this podcast, Moneywise.A $3 billion founder's money advice: keep driving the Chevrolet. Here's why the richest guests all say the same five things.After 100+ episodes of Moneywise, the same five spending refusals kept showing up — from a $3B founder who's never sold a company, a guy who lost 95% of his net worth and won't buy his own socks, and Bryan Johnson, who spends $2M a year on his body and almost nothing on anything else. None of them read the research. There's 50 years of it, and they all landed in the same place anyway.This episode covers all five: first class, new cars, meaningless stuff, angel checks, and kids' comfort — plus the study behind each one (lottery winners, the MIT Celtics auction, the marshmallow test follow-up). Then Anne Mahlum, who sold SolidCore for nearly $100M and forces herself to spend $200K/month, tears the whole list apart. The episode ends with a 10-minute exercise using two questions that decide what stays on your card statement.Also, this podcast is made by Hampton, which is a community for founders doing on average $20 million a year in revenue. We saw a lot of these money conversations happening privately behind closed doors and we thought, "What the heck, let's make it public." If you are a founder, apply here: http://joinhampton.com/mwEpisodes Mentioned:How Rich Is 'Rich Enough' to Fly Private? — https://www.youtube.com/watch?v=5ZyTo6gppPw"I'm worth about $3 billion": What Happens When You DON'T Sell Your Business — https://www.youtube.com/watch?v=uZM0K9eqzx0What It's Like to Lose 95% of Your Net Worth Overnight (the socks guy) — https://youtu.be/fW-F3MKwevIBryan Johnson: I Probably Won't Actually Live Forever — https://www.youtube.com/watch?v=icWHq_xjhacHow to Not Ruin Your Kids with Your Wealth ft. Dr. Becky — https://www.youtube.com/watch?v=uB1SmMA-nLkTimestamps:0:00 — Cold open: the $3B founder, the socks guy, and Bryan Johnson's $2M body budget0:28 — 100 episodes in, the same five patterns kept repeating — and 50 years of research explains them1:05 — Why guests reveal their real numbers on Moneywise1:50 — #1: First class. "I still fly coach unless it's international" — his "poor kid habit"2:27 — Hedonic adaptation, and the lottery winners who scored lower on enjoying breakfast3:52 — #2: New cars. The $3B founder's advice: don't buy the Ferrari, drive the Chevrolet4:14 — The Millionaire Next Door data (most popular millionaire car: Ford F-150), "big hat, no cattle"4:40 — The commute study: zero relationship between car value and happiness5:35 — #3: Stuff. The socks guy's filter: "Does this dollar come back to me or is it gone?"6:03 — Stanford brain scans: every purchase is want vs. hurt6:28 — The MIT Celtics auction — credit card bidders paid double7:26 — #4: Angel checks. Bryan Johnson writes none — half of deals lose money, 7% produce 75% of returns8:41 — Opportunity cost neglect and attention residue: every check is an open tab in your head10:15 — #5: Kids' comfort. Parents who could buy any seat, flying the family in coach on purpose11:06 — The marshmallow test follow-up wealthy parents actually care about12:11 — 70% of family money gone by generation two, 90% by generation three13:17 — The counterargument: Anne Mahlum ($115M, spends $200K/month) — "I hate when people don't spend on principle"14:19 — The 2023 rerun of the $75K happiness study, and buying back time15:55 — The 10-minute exercise: two questions to run against last month's card statement16:33 — If you run a $3M+ company: HamptonSponsors: Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.comSubscribe to Moneywise: https://www.youtube.com/@themoneywisepodcastFollow Daniel on X: https://x.com/danielcberkListen on Spotify / Apple Podcasts: [search "Moneywise Hampton"]

This week on Money Wise, the team takes a closer look at what's driving markets as investors weigh inflation, interest rates, housing costs, and continued economic uncertainty. Wall Street turned in a mixed week, with the major indexes staying relatively steady as investors continued to weigh inflation, interest rates, and the broader economic picture. The Dow Jones Industrial Average fell about 305 points, or 0.6%, while the S&P 500 gained roughly 28 points, or 0.4%, and the Nasdaq edged higher by about 38 points, or 0.1%. Year to date, the Dow is up 11.8%, the S&P 500 has gained 13.7%, and the Nasdaq leads with a 15% gain. The Money Wise guys discuss the latest inflation data, the role housing costs continue to play in those readings, and what the inflation picture could mean for interest rates and markets. From there, the conversation shifted toward a growing concern for investors: the increasingly blurred line between investing, trading, sports betting, and outright speculation. That distinction between investing and gambling carried through the broader investor-education discussion. The team emphasizes that building wealth generally happens slowly - through consistent contributions, dollar-cost averaging, diversification, and a willingness to stay invested through changing market conditions. They also challenge the old investing rule to “never lose money,” pointing out that losses are an unavoidable part of taking investment risk. A more realistic objective is managing that risk so one downturn or bad decision doesn't create a hole that becomes difficult to recover from, both financially and psychologically. As investors get closer to retirement, understanding both risk tolerance and risk capacity becomes increasingly important. The takeaway is straightforward: long-term investing requires structure, discipline, and active oversight, not the constant action that increasingly surrounds markets today. Getting Rich Slowly  Successful investing rarely comes from swinging for the fences. More often, it comes from consistently putting money to work, dollar-cost averaging over time, staying diversified, and giving compounding a chance to do its job. That approach may not generate the same excitement as chasing the latest stock, leveraged product, or short-term trade, but investing isn't supposed to be entertainment. The goal is to steadily build wealth while maintaining the discipline to stay invested through both good markets and bad ones. Getting rich slowly may not make many headlines, but for long-term investors, patience and consistency remain a much more practical strategy than constantly searching for the next quick win.  In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

We're still surprised people did this but... 50+ founders worth $10M to $4B reveal their personal finances. Here it is: https://joinhampton.com/mw-wrWhy do we do this? Because if you're an aspirational person or someone who runs a business and is making money, it's incredibly challenging to figure out what to do. Information is impossible to find — and that's what we put together: the net worth reveal and why we do this podcast, Moneywise.He spends $50,000 a month and keeps $50,000 in the bank. He's 27.Mo Moahid is a 27-year-old who runs the finances for his entire family — parents, brother, sister, and seven operating companies across Canada, Dubai, and Pakistan. His great-grandfather built the family fortune. The next generation lost it. His dad rebuilt the whole thing from a sales job after immigrating to Canada, and Mo grew up watching both halves of that cycle happen in his own house. He started his first company at 18, scaled it to 200 employees, sold it at 21 for low seven figures, and now moves capital between line painting, real estate development, consumer electronics, eSIMs in 125 countries, and the AI company he started with his 21-year-old brother.This episode gets into what it actually looks like to manage generational money instead of making it: why he keeps almost nothing liquid, how a $50,000 monthly burn covers five people, what happens when your dad is the chairman and your brother is your co-founder, and how inheritance gets split between three siblings before anyone dies. We go deep on the acquisition he closed the week before we recorded, the corporate job his father made him take, and the question he's already thinking about at 27 — what he wants his own kids to inherit, and what he'd rather they didn't.Also, this podcast is made by Hampton, which is a community for founders doing on average $20 million a year in revenue. We saw a lot of these money conversations happening privately behind closed doors and we thought, "What the heck, let's make it public." If you are a founder, apply here: http://joinhampton.com/mwSponsors: Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.comSubscribe to Moneywise: https://www.youtube.com/@themoneywisepodcastFollow Daniel on X: https://x.com/danielcberkListen on Spotify / Apple Podcasts: [search "Moneywise Hampton"]

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Another week of strong market gains served as a reminder that long-term fundamentals can quickly regain center stage once short-term volatility begins to fade. Markets rebounded sharply this week as investors looked beyond July's volatility and refocused on corporate fundamentals. The Dow Jones Industrial Average gained 3.0%, the S&P 500 rose 3.6%, and the Nasdaq climbed 5.2%. Year to date, the Dow is now up 12.4%, the S&P 500 has gained 13.3%, and the Nasdaq leads with a 14.8% return. The Money Wise guys discuss how July's deleveraging appears to have largely run its course, allowing buyers to return as earnings continue to exceed expectations. They also review the latest employment data, upcoming inflation reports, and why markets remain sensitive to Federal Reserve policy while continuing to emphasize the importance of separating short-term headlines from long-term fundamentals. The remainder of the program focuses on investor education, beginning with the importance of teaching younger investors how to build wealth through consistent saving rather than speculation. The guys stress that long-term investing is built on patience, dollar-cost averaging, and diversification - not leveraged products or "get rich quick" strategies. The second hour then turns to an extended discussion of equity-indexed annuities, explaining how these products are structured, why investors should understand participation rates, interest-rate caps, surrender periods, commissions, and liquidity restrictions before purchasing them, and why it's important to carefully evaluate marketing claims before making long-term financial decisions. Throughout the discussion, the recurring message remains the same: successful investing comes from discipline, education, and understanding exactly what you own. Avoiding Speculation One of the most valuable investing lessons doesn't involve finding the next hot stock or timing the market perfectly—it's understanding the power of consistency. Whether you're just beginning your career or helping the next generation start investing, regularly contributing to retirement accounts, taking advantage of employer matching contributions, and allowing compounding to work over time can have a tremendous impact. While speculative products and leveraged investments often receive the most attention, long-term wealth has historically been built through disciplined saving, broad diversification, and patience. For most investors, the tortoise still beats the hare.  In the second hour, the Money Wise guys delve further into their discussion on Equity Index Annuities. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

We're still surprised people did this but... 50+ founders worth $10M to $4B reveal their personal finances. Here it is: https://joinhampton.com/mw-wrWhy do we do this? Because if you're an aspirational person or someone who runs a business and is making money, it's incredibly challenging to figure out what to do. Information is impossible to find — and that's what we put together: the net worth reveal and why we do this podcast, Moneywise.He turned down $250 million for less than half his company — and admits he'd say yes today.Onyi Odunukwe is the son of two Nigerian immigrant doctors who dropped out of nursing school during finals week and opened a tanning salon at 21. By 30 he had seven locations, sold five to Palm Beach Tan for $2.3 million in a single week, and thought he was rich. Eight years later his net worth is $247 million — roughly $100M in commercial real estate, $194M in business equity across 26 companies, and under $10M in cash — and he recently walked away from a $250 million offer for 49% of Glo Tanning.This episode gets into the exact breakdown of a $247M net worth, why he rejected the biggest check of his life and what changed his mind since, his $75-100K monthly burn (full-time driver, live-in nanny, a ranch on the way), the franchise math behind Blackstone's $8B Jersey Mike's deal, how he plans to keep his kids from being ruined by money — and a confession he's never made publicly before.Also, this podcast is made by Hampton, which is a community for founders doing on average $20 million a year in revenue. We saw a lot of these money conversations happening privately behind closed doors and we thought, "What the heck, let's make it public." If you are a founder, apply here: http://joinhampton.com/mwSponsors: Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.comSubscribe to Moneywise: https://www.youtube.com/@themoneywisepodcast Follow Daniel on X: https://x.com/danielcberk Listen on Spotify / Apple Podcasts: [search "Moneywise Hampton"]

Money Wise: Assorted Proverbs

Wall Street finished the week higher despite another bout of volatility driven by interest rates, inflation concerns, and technical selling in the technology sector. The Dow Jones Industrial Average gained 1.0%, while the S&P 500 rose 1.0% and the Nasdaq advanced 1.6%. Year to date, the Dow and Nasdaq are each up 9.2%, with the S&P 500 leading at 9.4%. The Money Wise guys discuss the Federal Reserve's latest meeting, rising Treasury yields, and why July's weakness in the Nasdaq appears to have been driven more by leverage, margin calls, and technical market mechanics than by any meaningful deterioration in corporate fundamentals. The hosts also highlight continued strength in corporate earnings and why disciplined investors should separate short-term market volatility from long-term business performance. The second half of the program shifts to investor education, examining how large Wall Street firms construct portfolios and the importance of understanding what you're paying for. The discussion covers the potential drawbacks of excessive portfolio complexity, why simply owning dozens of mutual funds or ETFs doesn't necessarily improve diversification, and the value of ongoing research and active oversight. The team also explores the role of algorithms in portfolio management, the importance of knowing who is actually making investment decisions, and why investors should ask thoughtful questions about fees, investment selection, and potential conflicts of interest before choosing a financial professional. The overarching message is that successful portfolio management is both a science and an art, requiring disciplined research, experience, and accountability rather than relying solely on automation or product selection. Active Management A portfolio with dozens of mutual funds or exchange-traded funds may appear well diversified, but quantity alone doesn't necessarily improve investment outcomes. Many funds hold similar securities, creating overlap that can add complexity without providing meaningful additional diversification. Building a portfolio is about selecting investments that work together toward a specific objective, not simply accumulating more positions. For long-term investors, understanding how investments complement one another, regularly reviewing portfolio holdings, and maintaining a disciplined process can be more valuable than owning an ever-growing list of funds.  In the second hour, the Money Wise guys give listenters a peek into what Wall Street Won't Tell You. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management

Wall Street pulled back modestly this week as investors continued rotating away from some of the market's biggest technology names. The Dow Jones declined 0.4%, the S&P 500 fell 0.6%, and the Nasdaq dropped 2.1%. Despite the weekly decline, all three major indexes remain positive for the year, with the Dow up 8.1%, the S&P 500 up 8.3%, and the Nasdaq up 7.5% year to date. The Money Wise guys discuss the recent broadening of market leadership beyond the hyperscalers, reviewed the impact of rising oil prices and Treasury yields, and explain why recent weakness in technology stocks appears to be more of an orderly market rotation than a change in the long-term investment outlook. The conversation also highlights Davidson's continued emphasis on diversification and active portfolio management during periods of elevated volatility. The second half of the program shifts to investor education, focusing on the importance of understanding financial strategies before acting on marketing claims. The hosts discuss Roth conversions, explaining why they can be valuable in certain situations but are not appropriate for every investor and always require careful tax planning. They also emphasize the importance of maintaining adequate portfolio liquidity, particularly for investors with significant holdings in illiquid assets such as real estate or private investments.  Roth Conversions Strategies like Roth conversions can provide meaningful long-term tax benefits, but they aren't one-size-fits-all solutions. Factors such as your current tax bracket, available cash to pay taxes, retirement timeline, and overall financial goals all play an important role in determining whether a conversion makes sense. Likewise, maintaining appropriate portfolio liquidity can help investors meet unexpected cash needs without being forced to sell long-term investments at inopportune times. Taking the time to evaluate these decisions within the context of a comprehensive financial plan can help investors make choices that align with their broader objectives rather than reacting to marketing messages or short-term trends. In the second hour, the Money Wise guys explore RIA vs. Broker. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

We're still surprised people did this but... 50+ founders worth $10M to $4B reveal their personal finances. Here it is: https://joinhampton.com/mw-wrWhy do we do this? Because if you're an aspirational person or someone who runs a business and is making money, it's incredibly challenging to figure out what to do. Information is impossible to find — and that's what we put together: the net worth reveal and why we do this podcast, Moneywise.He got his first $5M check and expected to feel superhuman. The next day was one of the most disappointing of his life.Jesse Pujji walked away from a Goldman Sachs job where he made $500K at 25 — with a boss making $3M and a group head making $20M — to bootstrap an ad agency on $33K per partner and a stack of Amex cards. Ampush cracked the Facebook arbitrage before almost anyone: $100K in monthly revenue in June 2010 became $2M a month with $600K in EBITDA fourteen months later. He scaled it to half a billion in annual ad spend and 250 employees without raising a dollar, turned down $25M at 27, sold 20% to Red Ventures in 2015, and sold the whole thing to New Mountain Capital in 2022 for somewhere between $40M and $60M on a 35% stake. He never got the nine-figure number he made up in his head, and he says chasing it was the mistake.This episode gets into the exact allocation of a post-exit portfolio, why Jesse refuses to let his advisors put illiquid startup equity on his balance sheet, what $500K a year of "normal" spending actually buys, and why he asked his financial advisor how people possibly spend more than that. He's honest about the gap between the money he expected to change him and the money that didn't. And we spend real time on the part most founders avoid: three kids who never saw him grind, a Greenlight allowance split into thirds, a $63 JCPenney paycheck at 16 that taught him more than any of it, and the question of whether to leave them anything at all.Also, this podcast is made by Hampton, which is a community for founders doing on average $20 million a year in revenue. We saw a lot of these money conversations happening privately behind closed doors and we thought, "What the heck, let's make it public." If you are a founder, apply here: http://joinhampton.com/mwTimestamps:00:00 — Jesse's origin story: immigrant household in St. Louis, a snow shoveling business in middle school, and $33K each plus Amex cards to start Ampush02:00 — The Facebook arbitrage that changed everything: $100K/month in June 2010 to $2M in revenue and $600K in EBITDA fourteen months later02:49 — "Sandbox entrepreneurship" — Facebook cold-calls them: "Who the hell are you guys? You're one of our top 100 advertisers"04:24 — Why he left Goldman at 25 making $500K: "I would rather make half of my future expected earnings and do something I feel excited about"06:18 — The $25M offer two years in, why they said no, and the $3M dividend they took instead — $1M each, which bought his SF house07:30 — The made-up number that wrecked them: hoping for $150M, getting $60–75M offers, and turning down $190M in Marin stock09:24 — The Red Ventures deal and $5M after tax: "I thought I would get wings or superhuman strength... nothing changed"11:16 — 2022: selling to New Mountain and walking away without going with the deal13:12 — The exit number, on the record: a $40–60M range on a stake "a little bit more than a third"16:04 — The Zone of Genius framework, and why being a CEO sat in his zone of excellence — good at it, drained by it17:52 — Gateway X by the numbers19:06 — Whether the scarcity ever goes away: "nine days out of ten" became "one day out of ten," and the coach question he couldn't answer20:16 — The Deer Valley condo, and finally understanding why people buy vacation homes21:08 — Full portfolio breakdown and why he tells his advisors to mark his startup equity at zero23:24 — Annual spend 26:52 — The schedule that makes it work: Tuesdays and Thursdays he misses bedtime, Monday/Wednesday/Friday he doesn't, and he deletes Slack on vacation28:16 — The thing that keeps him up: "They've gotten all the fruits of the grind without actually observing the grind"29:23 — Greenlight, allowance equal to their age, and splitting it into thirds — spend, save, give30:19 — Running a Starbucks P&L with his 9-year-old daughter in the store32:30 — The four-bucket framework: spend it, give it to the government, give it to charity, or give it to your kids34:44 — A Schnucks family board member on generational wealth: "Money doesn't ruin kids. Lack of values does."35:36 — What Jesse wants said at his funeralSponsors: Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.comSubscribe to Moneywise: https://www.youtube.com/@themoneywisepodcastFollow Daniel on X: https://x.com/danielcberkListen on Spotify / Apple Podcasts: [search "Moneywise Hampton"]

Wall Street pulled back this week as investors took profits following a strong first half of the year. The Dow Jones declined 0.9%, the S&P 500 fell 1.6%, and the Nasdaq dropped 2.9%. Despite the weekly weakness, all three major indexes remain positive for the year, with the Dow up 8.5%, the S&P 500 up 8.9%, and the Nasdaq leading with a 9.8% gain year to date. The Money Wise guys discussed why July's weakness has been unusual, reviewed the latest earnings reports, and explained why the recent semiconductor selloff appears to be driven more by profit-taking, leverage, and market mechanics than by any meaningful change in the industry's long-term fundamentals. The team also highlighted encouraging inflation data and why continued progress on inflation could improve the outlook for interest rates and the broader economy.  The conversation goes on to focus on one of the most important principles of long-term investing: managing risk. The team discussed why successful investing isn't about avoiding every loss but about limiting significant losses that can derail long-term financial goals. They emphasized the value of diversification, active portfolio management, and maintaining perspective during periods of market volatility. Rather than chasing short-term excitement or treating investing like a game, the hosts encouraged listeners to stay disciplined, understand their personal risk capacity as they approach retirement, and build portfolios designed to withstand changing market conditions over time.  Managing Risk  One of the biggest misconceptions about investing is that success comes from finding the highest returns. In reality, long-term success is often built by avoiding significant losses that can be difficult to recover from. While every investor will experience periods of market volatility, maintaining a diversified portfolio, understanding your personal risk tolerance and risk capacity, and staying focused on long-term objectives can help keep temporary market declines from becoming permanent setbacks. Rather than reacting emotionally to every market swing, disciplined investors recognize that managing risk is just as important as pursuing growth.  In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Wall Street delivered another resilient week despite renewed geopolitical tensions in the Middle East. The Dow Jones slipped 0.5%, while the S&P 500 gained 1.2% and the Nasdaq advanced 1.7%. Year to date, the Dow is now up 9.5%, the S&P 500 has gained 10.7%, and the Nasdaq leads the major indexes with a 13.1% return. The Money Wise guys discussed how investors have become increasingly accustomed to geopolitical headlines, allowing markets to recover quickly from short-term uncertainty. Looking ahead, the hosts highlighted the start of second-quarter earnings season, noting expectations for another quarter of strong corporate earnings growth. They also pointed to the significant amount of cash still sitting on the sidelines as a potential tailwind for equities, even as day-to-day market volatility remains elevated.  The discussion then shifted to several important investor education topics. The team explored why artificial intelligence remains in the early stages of adoption despite the recent surge in investment, emphasizing the importance of diversification as market leadership broadens beyond a handful of technology companies. They also shared a powerful reminder about estate planning after working with the family of a longtime client, encouraging listeners to keep beneficiary designations current, involve trusted family members in their financial plans, and ensure loved ones know where important financial documents and accounts are located. The program concluded with a detailed discussion on equity-indexed annuities, explaining how these products often contain complex fee structures, participation limits, and surrender provisions that investors should carefully understand before making long-term financial decisions.  Estate Planning Matters One of the most valuable financial planning conversations isn't about investment performance—it's about making sure your loved ones know what to do if something happens to you. Too often, spouses and adult children are left searching for important documents, financial accounts, or trusted advisors during an already difficult time. Taking the time to review beneficiary designations, organize key financial information, and introduce family members to your financial professionals can help make an emotional situation a little less overwhelming. While these conversations may not be easy, thoughtful preparation today can help ensure your wishes are carried out and provide greater clarity for those you leave behind. In the second hour, the Money Wise guys delve further into their discussion on Equity Index Annuities. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Craig Newmark turned down an $11 billion offer for Craigslist, and he's already given away $570 million of his own money chasing a number even bigger than that.This podcast is made by Hampton, a community for founders doing on average $25 million a year in revenue. We saw a lot of these money conversations happening privately behind closed doors and we thought, "What the heck, let's make it public." If you're a founder, apply here: joinhampton.com/mwCraig founded Craigslist off a mailing list in 1995. He turned down that $11 billion offer, and since then has given away $570 million through his foundation, aiming for a billion before he dies. He funds NYPD bomb squad gear, an NYU cardiologist's AI research, Wikipedia, journalism schools, and pigeon rescue. He's 73, hasn't owned a car in ten years, and just upgraded from $50 Skechers to $80 Skechers.This one gets into what happens once a founder's number stops being the problem, the Sunday school lesson behind his moral compass, why his own headline net worth is wrong, the two causes eating most of his giving budget, and his plan to train an LLM to keep making his philanthropic decisions after he's gone. It closes on Take Nine, his campaign for the nine-second pause that stops most scams.Sponsors: Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.comSubscribe to Moneywise: https://www.youtube.com/@themoneywisepodcastFollow Daniel on X: https://x.com/danielcberkListen on Spotify / Apple Podcasts: [search "Moneywise Hampton"]

He had $15 in the bank and a $1M judgment against him. Eight years later, Nestlé bought his company for $1.5B — then shut it down.Also, this podcast is made by Hampton, which is a community for founders doing on average $20 million a year in revenue. We saw a lot of these money conversations happening privately behind closed doors and we thought, "What the heck, let's make it public." If you are a founder, apply here: http://joinhampton.com/mwMichael Wystrach built Freshly out of the wreckage of a failing restaurant, with $15 in the bank and a personally-guaranteed lease that left him with a $1M judgment against him. Six years later he sold the company to Nestlé for $1.5B — then watched it get shut down. He never took time off. He started a veterinary platform with his sister, raised a $75M venture fund, and put almost his entire payout back to work.This episode gets into what really happens to your bank account after a nine-figure exit — secondary sales, earn-out math, his actual living costs, his real estate philosophy at 2% interest rates, and what it felt like to lose the company he built after selling it. He also shares why he believes the first $10M matters more than the hundredth, and why he plans to keep building for the rest of his life.Sponsors: Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.comSubscribe to Moneywise: https://www.youtube.com/@themoneywisepodcastFollow Daniel on X: https://x.com/danielcberkListen on Spotify / Apple Podcasts: [search "Moneywise Hampton"]

The Money Wise guys are back in the studio with a brand-new episode of Money Wise. After several weeks of leadership from large-cap technology stocks, markets took on a more mixed tone. The Dow Jones Industrial Average gained 0.6% for the week, while the S&P 500 declined 2.0% and the Nasdaq fell 4.6%. Despite the pullback, all three major indexes remain positive for the year, with the Dow leading at 7.9%, followed by the Nasdaq at 8.8% and the S&P 500 at 7.4%. The guys note that much of the week's volatility stemmed from quarter-end portfolio rebalancing, profit-taking in technology stocks, and a broadening of market participation as investors rotated into areas that had lagged earlier in the year. The discussion centers on the importance of looking beyond the headlines and focusing on long-term fundamentals. While high-profile names such as SpaceX experienced a sharp reversal after a highly anticipated IPO, the guys emphasize the risks of chasing excitement over business fundamentals. They also discuss the Federal Reserve, inflation data, and interest rates, noting that longer-term rates have remained relatively stable despite ongoing speculation about monetary policy. The overarching message was that successful investing comes from discipline, transparency, and understanding what you own, not reacting to the latest market narrative. Market Breadth Improves Market breadth refers to how many stocks are participating in a market's advance, not just how far the major indexes are climbing. When gains are concentrated in a handful of large technology companies, the market can appear stronger than it actually is. But as leadership expands across more sectors and a greater number of companies begin contributing to overall performance, it often reflects a healthier and more balanced market environment. While periods of profit-taking in high-flying stocks can grab headlines, improving market breadth suggests investors are beginning to recognize opportunities beyond the market's most popular names. For long-term investors, it's a reminder to look beyond the headline indexes and focus on the broader strength developing underneath the surface. In the second hour, the Money Wise guys give listenters a peek into what Wall Street Won't Tell You. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

We did something nuts: we got 50+ founders to reveal their net worth, portfolios, income, expenses. Its free and right here: https://joinhampton.com/mw-wrWhy this podcast exists:Hampton is a community for founders. Members do an ave of $20m/year in revenue.Tons of the convos within the community are about money: how to invest, how to spend, how much to pay yourself...all this stuff you can't Google.We thought "Let's just make these convos public". And thus, this podcast Moneywise came to be.We publish weekly. Click the subscribe button and the goodness will be delivered. Also...we've done 100+ episodes. If you want the aggregate info of all the numbers, meaning the net worth, spending, income of 50+ founders ranging from $10m to $1 billion: https://joinhampton.com/mw-wrOk, so let's talk David Royce, today's guest:He built the same pest control company four times — $13M, $30M, $135M, $1.5B — and says the first exit was the most life-changing.David Royce sold four pest control companies — Moxie, Eco First, Altera, and Aptiv — each bigger than the last, culminating in a $1.5B sale of Aptiv when it was doing $508M in annual revenue. He kept 100% equity through the first three, gave 25% of the last one to his employees, and personally walked away with hundreds of millions across the run. He's now on an indefinite sabbatical, investing through Iconic (the firm that manages Zuckerberg's and Dorsey's money), with half his net worth in S&P 500 and the rest in private equity, direct deals, and alternatives — including multiple Anthropic investments.This episode covers the exact mechanics of each asset-sale exit, why David kept restarting instead of holding, his full portfolio framework (including the 4-year cash buffer strategy), the "the answer is just a little more" moment that hit every entrepreneur in the room, and the story of flying his dying father on a private jet from a New Orleans hospital to Cedars-Sinai at 2am — made possible only by one call to a CEO WhatsApp chain.Timestamps:00:01:39 — David's full intro: four companies, four exits, what actually happened with the money01:55 — First company (Moxie): nearly went bankrupt the first year, how a cash flow crisis taught him "cash was king"03:14 — The asset-sale strategy: selling customers and technicians to Terminix while keeping the sales operation04:57 — "Pretty close" — David confirms Forbes' reported $13M and $30M exit figures05:37 — Why he gave 25% of Aptiv to employees and stepped back as chairman06:23 — Aptiv was doing $508M in revenue; Daniel and David settle on $1.5B as the sale range07:13 — What he actually took home: cap gains, California taxes, "hundreds of millions"08:37 — Net worth today: "do the math backwards and figure it out"09:09 — Portfolio breakdown: 4-year cash buffer in fixed income, S&P 500 with tax-loss harvesting, alternatives11:31 — "I just invested in Anthropic — three different times in the last year and a half" via Iconic14:35 — "The one that was life-changing was the first one" — $13M from nothing hits differently than $1.5B17:46 — Why pest control? A starving college student, a friend who made $25K in a summer, and zero sales for five days straight21:16 — His boss's question that changed everything: "What on earth would you go work for somebody else?"27:31 — Fifth grade through eleventh grade: watching his family nearly lose the house, the fear that built everything36:35 — Flying his dying father on a private jet from New Orleans to Cedars-Sinai at 2am39:36 — What he wants to be remembered for: "The sign of a good leader is not how many followers you have, but how many leaders you create"Sponsors: Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.comSubscribe to Moneywise: https://www.youtube.com/@themoneywisepodcastFollow Daniel on X: https://x.com/danielcberkListen on Spotify / Apple Podcasts: [search "Moneywise Hampton"]

Daniel Berk (Moneywise Podcast by Hampton) joins Matt and Kolby to talk about why the local newsletter isn't the business—the audience is, how AI services are the untapped green space for local brick-and-mortars, why the viral Substack tweet got email wrong, and how an X DM with Sam Parr turned into a podcast hosting gig.Timestamps: 00:00 Intro 02:00 Palmetto Parents: Three Local Newsletters 06:40 How Local Newsletters Actually Make Money 11:00 "Own The Town" — Arbitraging Your Audience 14:30 Axios, 6AM City & The Big-Metro Model 17:00 Local AI Services: The Untapped Greenspace 23:15 The Nonprofit (501c3) Newsletter Play 26:15 Is Email Dead? The Viral Substack Tweet 33:00 What "Owned Audience" Really Means 37:30 Moneywise & Two Dads In Tech 40:00 How A Twitter DM Became The Moneywise Gig 45:30 Command The Room Like A Nine-Figure Podcast

She sold for $88M, almost bought a lake house she didn't want, and spent $340K on Knicks playoff tickets — then gave two away because it felt better.We're still surprised people did this but... 50+ founders worth $10M to $4B reveal their personal finances. Here it is: https://joinhampton.com/mw-wrWhy do we do this? Because if you're an aspirational person or someone who runs a business and is making money, it's incredibly challenging to figure out what to do. Information is impossible to find — and that's what we put together: the net worth reveal and why we do this podcast, Moneywise.Also, this podcast is made by Hampton, which is a community for founders doing on average $20 million a year in revenue. We saw a lot of these money conversations happening privately behind closed doors and we thought, "Why not, let's make it public." If you are a founder, apply here: https://joinhampton.com/mwAnne Mahlum built Solid Core from $175,000 of her own savings into an $88M exit. Two years later, her net worth is $115–120M, with $65M in public equities and $15M in a single stock alone. But the numbers are the least interesting thing that's happened since.After the sale, she secretly launched a second fitness company, had panic attacks she's never talked publicly about, shut the whole thing down, and spent two years in legal fallout. Then she had a baby, pulled an accepted lake house offer the morning after making it, and started forcing herself to spend $200K a month just to stop the money from piling up.This episode covers the full portfolio breakdown two years post-exit, why she's done with private investments, the Ambition story she's never told, what a baby did to how she thinks about money and time, and what she actually wants to be remembered for — which has nothing to do with net worth.Sponsors: Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.com

Markets continue to grind higher this week, with all three major indexes posting gains. The Dow Jones Industrial Average rose 0.7%, while both the S&P 500 and Nasdaq gained roughly 0.7% as well. Year to date, the Dow is now up 6.5%, the S&P 500 has advanced 8.6%, and the Nasdaq leads the way with an 11.4% return. The Money Wise guys note that despite some midweek volatility, markets responded positively to easing geopolitical concerns and continued to demonstrate resilience. A major topic throughout the show was the highly anticipated SpaceX IPO, which generated significant attention from investors and financial media alike. Much of the discussion centers on the difference between hype and fundamentals. While the SpaceX IPO attracted substantial demand and delivered a strong first-day performance, the team questions whether valuations and investor enthusiasm had gotten ahead of the underlying fundamentals. The conversation also explored the risks of chasing popular investment themes, the importance of understanding what you own, and the dangers of concentrating too heavily in a single company or sector. Beyond the IPO discussion, the team highlighted encouraging inflation data, declining oil prices, and the challenges investors face when attempting to time the market. The broader takeaway was that long-term success comes from discipline, diversification, and focusing on fundamentals rather than getting swept up in the latest market trend. Fundamentals Still Matter  The excitement surrounding the SpaceX IPO serves as a reminder that investor enthusiasm can sometimes move faster than the underlying fundamentals. While innovative companies and emerging technologies often capture headlines, long-term investors still need to evaluate factors such as revenue growth, profitability, valuation, and business execution. Popularity alone does not determine an investment's long-term success. Markets can become captivated by compelling stories, but over time, fundamentals tend to play a much larger role in determining value. For investors, maintaining a disciplined approach and focusing on the financial strength of a business can help separate lasting opportunities from short-term excitement. In the second hour, the Money Wise guys discuss 401(k) Rollovers. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

A strong jobs report took center stage this week, but the market's reaction was anything but straightforward. The Dow Jones Industrial Average slipped about 0.3%, while the S&P 500 fell 2.6% and the Nasdaq dropped 4.7%. Despite the pullback, all three major indexes remain positive for the year, with the Dow up 5.8%, the S&P 500 up 7.9%, and the Nasdaq ahead by 10.6%. The Money Wise guys discuss how a stronger-than-expected employment report, combined with rising Treasury yields, created a “good news is bad news” environment for investors. After nine consecutive weeks of gains and indexes trading well above their 200-day moving averages, the market appeared ripe for a pause as investors took profits and reassessed expectations for future interest rate cuts. Much of the conversation focuses on the growing divide between investing and speculation. The guys highlight increasing risk-taking among retail traders, the expansion of leveraged investment products, and recent regulatory changes making day trading more accessible to smaller investors. They argue that too many market participants are chasing quick gains rather than focusing on fundamentals, discipline, and long-term ownership of quality businesses. The discussion also touches on private credit, cryptocurrency, and other products that blur the line between investing and gambling. The broader takeaway was that successful investing still requires research, patience, and a long-term perspective, even when speculation appears easier or more exciting in the short run. Investing vs. Gambling Investing and gambling can sometimes look similar on the surface, but the underlying objectives are very different. Investing is built around owning productive assets, participating in the growth of businesses, and making decisions based on fundamentals, valuation, and long-term potential. Gambling, on the other hand, typically relies on short-term outcomes, speculation, and the hope of a quick payoff. As new trading platforms, leveraged products, and prediction markets continue to gain popularity, the line between the two can become blurred. For long-term investors, maintaining a disciplined process and focusing on the underlying value of what they own remains a far different approach than chasing the latest trend or attempting to predict short-term market movements. In the second hour, the Money Wise guys explore RIA vs. Broker. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Please answer our short Moneywise listener survey! (Very, very short): joinhampton.com/moneywisefeedbackJOIN HAMPTON:These episodes often come directly out of conversations happening inside Hampton, a private community for founders and CEOs with $3M+ in revenue or $10M+ exits. Members range from $5M net worth to billions. They wrestle with these same questions off the record. Apply at http://joinhampton.com/mw.HOW FOUNDERS ARE BUILDING WEALTH:How much do founders actually make, spend, invest, work, and keep in net worth? Hampton surveyed founders directly and put the answers into one report. Download it for free here: https://joinhampton.com/mw-wrEPISODE DETAILS:Thibault — known online as Tibo — is a French indie hacker who spent six years failing at startups before building Tweet Hunter during Covid lockdown and selling it for $10 million. Except the real number was more complicated than that: $2 million up front, $8 million in earn-out, and 18 months of some of the most stressful building of his life to get there. He walked away with just under $3 million post taxes — and says he regrets the sale entirely.Today, Tibo is doing over $1 million a month in revenue across a portfolio of five software products he's built since that exit. His personal spend is negligible. He has no financial advisor, keeps roughly 50% of his net worth in cash, and puts almost everything investable into index funds.This episode gets into the full deal structure, the psychological cost of the earn-out period, what he calls the "frozen state" that hits founders after a big exit, and why he says he will never sell a company again.Timestamps:02:12 — Full guest intro: who Thibault is, the Tweet Hunter story, deal structure breakdown, and episode roadmap08:08 — The $10M deal unpacked: earn-out structure, revenue milestones, and what he actually collected10:17 — The co-founder split, the 25% influencer equity deal, and whether he'd do it again14:09 — How the influencer partnership worked and why they replicated it on Tapio26:17 — "Getting a ton of money up front feels unhealthy" — Thibault on why lump-sum exits are psychologically dangerous28:14 — The "frozen state": why founders can't ship after a big exit30:42 — The earn-out burnout period: stress, loss aversion, and the 18 hardest months of his life34:37 — "It was a bad decision financially" — Thibault's verdict on the sale38:15 — Nomadic life, the Vietnam hacker residency, and how wealth changes how he travels42:42 — No financial advisor, no trust in wealth managers — why everything goes into S&P 50045:29 — Personal spend breakdown: ~$8K/month — rent, food, tech gadgets, and that's basically it48:27 — What happens to the ~$90K/month delta: cash, S&P 500, and acquiring more products49:45 — The portfolio strategy: five products, two unannounced, and the 2026 scaling challenge51:12 — Building a distribution bridge between all his products with an AI agent53:06 — Raising kids with money: unconditional safety as the foundation for risk-taking

JOIN HAMPTON:This episode came directly out of conversations happening inside Hampton, a private community for founders and CEOs with $3M+ in revenue or $10M+ exits. Members range from $5M net worth to billions. They wrestle with these same questions off the record. Apply at http://joinhampton.com/mw.HOW FOUNDERS ARE BUILDING WEALTH:How much do founders actually make, spend, invest, work, and keep in net worth? Hampton surveyed founders directly and put the answers into one report. Download it for free here: https://joinhampton.com/mw-wrTHIS EPISODE OF MONEYWISE:70% of wealthy families lose all their money by the second generation. 90% lose it by the third.The data is even worse for the kids themselves. Children from households making $200K+ have rates of anxiety, depression, and substance abuse 2 to 3 times the national average. 22% of affluent suburban girls show clinically significant depressive symptoms.So how do you raise a kid in a wealthy household without breaking them?In this episode of MoneyWise, I went back through every conversation we've had on the show about parenting and money. Doctor Becky. Taylor Adams (from a multi-generational billionaire family in LA). Alex Peikoff. Shane. Jane. Hank. Neil Patel. Scott Galloway. The pattern they all kept landing on was uncomfortable. Most parents with real money are accidentally setting their kids up to fail. Not because they're bad parents. Because they're doing exactly what their instincts tell them to do.I'm a dad of two. I'm trying to figure this out in real time. Here's what the research, the experts, and the founders who already screwed it up are telling us.WHAT YOU'LL LEARN:- Why "entitlement" is actually a fear of frustration, not a character flaw- The Carol Dweck Columbia study that should change how you talk to your kids- Why your kid is running on your behavior, not your rules- The "shirtsleeves to shirtsleeves in three generations" trap (and why it's not about money)- How allowance teaches financial trade-offs (and why unlimited Amazon access kills it)- The single biggest regret of founders after a life-changing exit- Why downsizing your house might be the best parenting decision you ever makeCHAPTERS:00:00 The 16-year-old in the airport02:57 Frustration tolerance is the most important life skill05:30 Why wealthy kids have 2-3x higher anxiety and depression08:00 Monkey see, monkey do: the emulation problem11:00 70% lose it in 2 generations. 90% in 3.14:00 Praise effort, not traits (the Dweck study)18:00 Just because you love business doesn't mean your kid will21:00 Why allowance only works if money is finite25:00 The Scarsdale busboy who sees $300 sweatshirts as 30 hours of work28:00 Scott Galloway's moving goalpost30:17 The presence problem (the hardest one for me)33:00 The 5 rules I'm taking with meREFERENCED EPISODES:- Taylor Adams: How a multi-generational billionaire family thinks about wealth- Doctor Becky on parenting through money- Hank: Inside a 24,000 sq ft home- Neil Patel on going from 10,800 sq ft to 3,000 sq ft- Alex Peikoff: The Macedonian milk family- Jane: Finding out about a $20M inheritance in her late 30s- Pete: $80M exit, rock bottom afterABOUT MONEYWISE:MoneyWise is the podcast where wealthy founders open up about the real numbers behind their lives. Net worth. Monthly burn. Portfolio allocation. The stuff nobody talks about in public. Hosted by Daniel Berk and produced by Hampton.SPONSORS:Oceans - Hire incredible talent for marketing, ops, sales, and more, and even have them build out all your AI workflows for you. Go to https://www.oceanstalent.com/moneywise now.

Another week of market action is in the books, and on this week's Money Wise, the team breaks down the key developments investors are watching. Market performance was relatively muted this week, with the Dow Jones Industrial Average slipping about 0.2%, while the S&P 500 posted a modest gain of 0.1% and the Nasdaq finished slightly lower by 0.1%. Despite the quiet week, year-to-date returns remain strong, with the Dow up 3%, the S&P 500 ahead by 8.2%, and the Nasdaq leading with a gain of 12.8%. The Money Wise guys note that one of the most important developments was the continued rise in the 10-year Treasury yield, which climbed to 4.6%, its highest level since early last year. Much of the discussion focused on the relationship between rising interest rates and market leadership. Historically, higher rates tend to put pressure on stocks with elevated valuations, particularly within technology and growth sectors. However, the group observed an interesting rotation taking place beneath the surface, with several software companies attracting renewed investor interest despite the rate backdrop. The conversation also highlighted opportunities within sectors such as healthcare and utilities, which have lagged behind the broader market despite possessing attractive fundamentals. The broader takeaway emphasized that while interest rates remain an important market driver, investors should continue focusing on long-term fundamentals and valuation rather than short-term market rotations. Opportunity in Overlooked Sectors While much of the market's attention remains focused on a handful of high-profile technology companies, opportunities can often emerge in sectors that have been overlooked by investors. During the discussion, the hosts highlighted areas such as healthcare and utilities, where valuations remain attractive despite solid underlying fundamentals. Rising interest rates and shifting market preferences have left some of these sectors out of favor, but that does not necessarily reflect their long-term business prospects. For investors willing to look beyond the market's most popular themes, overlooked sectors may offer compelling opportunities supported by earnings growth, cash flow, and fundamental value. In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

MoneyWise is a Hampton podcast. Hampton is a private, vetted community for founders doing $3M or more in revenue. Apply at https://www.joinhampton.com/?utm_source=youtube&utm_medium=video&utm_campaign=yt051126.From Minecraft maps to $400k months — but the money isn't the story.Nathan May grew up in one of the poorest neighborhoods in Ohio. His mom made $32,000 a year. He never left the state until he was 18. At 15, he was selling custom Minecraft maps to famous YouTubers and making his first $100K. He went to Wharton, joined BCG, quit, and built one of the fastest-growing newsletter agencies in the country before turning 30.But the week he hit his first million dollars, his mom died. And he felt nothing.In this episode, Nathan gets brutally honest about what money actually gave him — and what it didn't. We go deep on the community he's built in New York with a group of founders sharing an office, a monthly revenue leaderboard, and the kind of real talk that doesn't happen anywhere else. He calls it the Media Mafia. He says it's changed his life more than any dollar amount ever has.We also get into:Growing up in poverty and never leaving Ohio until 18How a Minecraft addiction became his first real businessLeaving a six-figure BCG career to bet on himselfBuilding a $1M ARR agency in under a year with 1,000 newsletter subscribersHis actual net worth, his $10M target, and why he keeps almost no cashWhy he thinks the wealthiest people he knows are often the least happyTimestamps00:00 - Cold open00:58 - Introducing Nathan May01:23 - Small talk / how Nathan starts his day02:32 - The agency, the numbers, how life has changed03:24 - Growing up poor in Ohio — never left the state until 1805:35 - He originally wanted to be an actor06:04 - The Minecraft business: how a video game addiction made him $100K at 1509:05 - Wharton, Wall Street culture shock, and the path to BCG10:36 - What BCG actually changed about his life12:01 - Building the agency: newsletters, Schwarzenegger, and why it felt like video games again15:32 - His real relationship with money: checking account, savings, leverage strategy16:52 - The $10M number: how he used ChatGPT to find his "enough"18:34 - The Media Mafia: seven founders, one office, a monthly revenue leaderboard20:31 - Being at the cusp — exciting, terrifying, or both?23:07 - Why IRL community is the highest-leverage thing a founder can build26:03 - What Hampton means to him27:31 - His mom's passing, the $1M milestone, and why none of it felt like anything29:24 - Can you be successful without community?31:39 - What's next and closing thoughtsMoneyWise is the podcast where high-net-worth founders get radically transparent about how they actually make, spend, invest, and think about money. Hosted by Daniel Berk and presented by Hampton.Sponsors:Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.com

The Moneywise Radio Show and Podcast Friday, May 8th  BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Radio Show & Podcast" call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Management LinkedIn: Moneywise_Wealth_Management Guests: Scarlett Sabin, House Manager of the Ronald McDonald House of Bakersfield & Misty Sanders, Co-Owner of American Offroad  websites: https://rmhcsc.org/bakersfield http://www.americanoffroad661.com/ The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. Scarlett Sabin, Misty Sanders, Ronald McDonald House & American Offroad are not affiliated with nor endorsed by LPL Financial or Moneywise Wealth Management].

The Money Wise guys are back in the studio to break down what's really driving markets - not just the headlines. This past week markets continued climbing higher, with the S&P 500 and Nasdaq once again closing at new all-time highs. For the week, the Dow Jones Industrial Average gained about 0.2%, while the S&P 500 rose roughly 2.3% and the Nasdaq surged approximately 4.4%. Year to date, the Dow is now up 3.2%, the S&P 500 has gained 8.1%, and the Nasdaq leads the major indexes with a 12.9% return. The guys note that market momentum continues to remain firmly on the upside despite persistent skepticism from portions of the financial media. A major focus of the discussion centered on the disconnect between strong corporate fundamentals and ongoing concerns surrounding inflation and higher energy prices. While oil and gasoline prices remain elevated due to continued geopolitical tensions involving Iran and the Strait of Hormuz, the market has largely remained focused on earnings growth. Earnings season has continued to significantly outperform expectations, with a large majority of S&P 500 companies reporting positive surprises in both earnings and revenue growth. The guys emphasize that while markets will continue reacting to inflation data and geopolitical developments in the short term, strong earnings growth remains one of the most important long-term drivers supporting the current market environment. Inflation Remains in Focus  Inflation remains one of the most closely watched factors influencing the markets because it directly affects interest rates, consumer spending, and corporate profitability. Rising prices, particularly in areas like energy and transportation, can increase costs for both businesses and consumers, which may slow economic activity over time. Inflation data also plays a major role in shaping expectations around Federal Reserve policy, including the direction of future interest rates. For investors, this relationship can create periods of volatility as markets adjust to changing inflation expectations and the potential impact on earnings, borrowing costs, and overall economic growth. In the second hour, the Money Wise guys discuss Equity Index Annuities. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

MoneyWise is a Hampton podcast. Hampton is a private, vetted community for founders doing $2M or more in revenue. Apply at https://www.joinhampton.com/?utm_source=youtube&utm_medium=video&utm_campaign=yt050526.MoneyWise | Jonathan GoodmanJon Goodman built a $35M fitness education empire from a one-bedroom apartment in Toronto, never raised a dollar, never sold a company, and never left Canada — even though the government takes 53 cents of every dollar he earns above a certain threshold.In this episode, Jon breaks down exactly where his $14M net worth lives, why he found his "safe number" at $7M, how he spends $22-25K a month across Toronto and six months abroad every year, and why he thinks moving to a tax haven is a rich person's dumbest game.Sponsors:Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.comOceans - Hire incredible talent for marketing, ops, sales, and more, and even have them build out all your AI workflows for you. Go to https://www.oceanstalent.com/moneywise now.

Welcome to this week's Money Wise, where we recap the week in markets and highlight the stories shaping investor behavior. In the week that just passed, markets continued their upward momentum this week, with the Dow Jones Industrial Average gaining about 0.5%, the S&P 500 rising roughly 0.9%, and the Nasdaq advancing around 1.2%. Year to date, all three major indexes remain solidly positive, with the Dow up 3%, the S&P 500 up 5.6%, and the Nasdaq leading at 8.2%. The Money Wise guys note that both the S&P 500 and Nasdaq reached new all-time highs by the end of the week, extending the market's recent strength. A major focus of the discussion centered on the strength of corporate earnings and their role in driving the market higher, even as geopolitical concerns and rising oil prices remain in the background. A large percentage of companies reporting so far have exceeded expectations on both earnings and revenue, with growth rates coming in well above historical averages. The guys emphasize that while short-term market movements can be influenced by headlines and sentiment, long-term performance continues to be driven by fundamentals. The broader takeaway reinforced that strong earnings growth is currently outweighing external concerns, keeping markets focused on underlying business performance rather than short-term noise. Earnings Strength Leads the Way Earnings strength has been a key driver of the market's recent momentum, with a large majority of companies reporting results that exceed expectations. Both earnings per share and revenue growth have come in above historical averages, reinforcing the underlying health of corporate fundamentals. This level of performance has helped support equity prices even as external factors like geopolitical tensions and energy prices remain in the background. For investors, it highlights how sustained earnings growth continues to play a central role in driving long-term market trends. In the second hour, the Money Wise guys give listenters a peek into what Wall Street Won't Tell You. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Chapter Timestamps00:00 — Homeless at 26, $100M exit at 32 02:22 — Building Mutesix: one of the first productized Facebook ad agencies 09:39 — The 2019 sale and what Steve actually took home 11:52 — The wire hits — at the Western Wall in Israel 14:46 — "The money didn't change my life": post-exit identity crisis 16:31 — How Steve actually spends: the chef, the donations, the Birkin he never bought 19:55 — Why he's obsessed with insurance (and what he tells founders) 23:18 — Post-exit on a Tuesday: the daily search for meaning 25:07 — Did the $100M exit actually make him happy? 32:03 — Looking back 15 years — and what the next 5 look likeAt 26, Steve Weiss was homeless in Los Angeles, sleeping in his car in a 24 Hour Fitness parking lot with $200 to his name. Six years later, his Facebook ads agency Mutesix sold for $100 million to Dentsu. The day the money hit his account, he was standing at the Western Wall in Israel — and got a phone call that made him realize money doesn't fix what's broken inside you.In this episode of MoneyWise, host Daniel Berk sits down with Steve Weiss to walk through the parts of a nine-figure exit nobody puts in the press release: how much he personally took home, if the wire made him happy, and what post-exit life actually looks like on a random Tuesday when you've already "won."In this conversation:How Steve built Mutesix from 4 clients in 2013 into one of the first productized Facebook ad agencies — and sold it to Dentsu in 2019 for $100MThe emotional moment the wire hit at the Western Wall, and the tragedy that hit the same dayHis real spending today: a private chef 3–4 days a week, why his wife asks for nonprofit donations instead of Birkin bags, and the cause they're fundingWhy he over-indexes on life and health insurance — and the advice he gives every founderThe post-exit purpose vacuum — what he calls "almost impossible to replicate" — and how he's filling it now with family, angel investing through SGD, his podcast, real estate, and possibly politicsWhat he'd do differently if he could rewind 15 yearsThe honest answer to the question every founder secretly asks: did $100 million actually make him happy?If you've ever wondered whether the exit really fixes anything, this is the episode.MoneyWise is the personal finance podcast for high-net-worth founders. Hosted by Daniel Berk and produced by Hampton — a private, vetted community for founders and CEOs running businesses doing $2M+ in revenue. Apply at joinhampton.com.Sponsors:Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.comOceans - Hire incredible talent for marketing, ops, sales, and more, and even have them build out all your AI workflows for you. Go to https://www.oceanstalent.com/moneywise now.

We're back with a brand new episode of Money Wise, with a look on the numbers coming out of Wall Street last week. Markets showed mixed performance this week, with the Dow Jones Industrial Average slipping about 0.4%, while the S&P 500 rose roughly 0.5% and the Nasdaq gained about 1.5%. Year to date, all three major indexes remain positive, with the Dow up 2.4%, the S&P 500 up 4.7%, and the Nasdaq leading at 6.9%. The guys note that after a sharp V-shaped recovery in recent weeks, markets now appear to be settling into a more consolidated trading pattern. A major focus of the discussion centered on the shift in market drivers, with strong corporate earnings taking precedence over geopolitical concerns in the near term. Early earnings reports have come in well above historical averages, with a significant percentage of companies exceeding expectations on both earnings and revenue growth. The Money Wise guys also highlight a shift in market participation, with institutional investors playing a larger role in the recent rally while retail investors have remained more cautious. Despite ongoing uncertainty in the Middle East, the broader takeaway emphasized that markets are increasingly focused on fundamentals, particularly earnings growth, while still navigating periods of short-term volatility and consolidation. Institutional Buying Leads Recent market activity has highlighted a shift in participation, with institutional investors taking a more active role in driving the current rally. After a period where retail investors were a significant force behind market gains, professional money managers appear to be increasing equity exposure and putting cash back to work. This shift can influence market direction, as institutional flows tend to be larger and more sustained. At the same time, retail participation has been more measured, which may suggest that some investors are still waiting for greater clarity before fully reengaging with the market. In the second hour, the Money Wise guys explore RIA vs. Broker. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

John Arrow bootstrapped Mutual Mobile from a $0.99 iPhone app to a 350-person company — with zero investors — and sold it twice. In this episode of MoneyWise, John breaks down exactly how he built and exited one of Austin's most successful tech companies, what he did with the money, and what his financial life actually looks like today.John gets radically transparent about his net worth (well into 8 figures), his monthly spending ($50–65K/month), his investment strategy, and why he thinks most wealth managers are a waste of money.Plus: the illegal Cuba trip right before signing a life-changing deal, the $500K bet to hack Apple's encryption, how he sued American Express on behalf of a friend and won in 48 hours, and the new AI company he built the morning of this recording.Topics covered:How John made his first $1,000/day at 14 years oldBootstrapping Mutual Mobile to a $70M exit with no outside fundingWhat actually happens the day a wire hits your accountWhy he sold the company a second time — and for how muchHis exact portfolio breakdown (stocks, private investments, real estate)Why he never drinks (the real reason)FreedomGPT and the future of uncensored AIHow to think about money once you never have to work againStop making million-dollar decisions alone. Hampton gives you a personal board of eight vetted founders in your city who meet monthly to tackle your hardest problems. Find your group: https://www.joinhampton.com Sponsors:Daily Body Coach - achieve your dream body with https://moneywise.dailybodycoach.comOceans - Hire incredible talent for marketing, ops, sales, and more, and even have them build out all your AI workflows for you. Go to https://www.oceanstalent.com/moneywise now.

The Money Wise guys are back with another brand-new episode. This past week, markets surged higher, with the Dow Jones Industrial Average gaining 3.2%, the S&P 500 rising 4.5%, and the Nasdaq leading with a 6.8% increase. Year to date, all three major indexes are now firmly positive, with the Dow up 2.9%, the S&P 500 up 4.1%, and the Nasdaq up 5.3%. The guys note that much of the year's gains were driven in a short period, highlighting the speed of the recent rebound and the sharp shift in market momentum. A key focus of the discussion was the continued V-shaped recovery in markets following easing geopolitical tensions, particularly the reopening of the Strait of Hormuz. The team also highlights a shift in market leadership, with institutional investors stepping in more aggressively while retail participation has lagged behind. At the same time, concerns were raised about the growing trend of speculative behavior, as some investors shift away from long-term investing toward prediction markets and sports betting. The broader takeaway emphasizes the importance of discipline and maintaining a long-term perspective, especially in an environment where short-term momentum and speculation can quickly drive market behavior.  Speculation Concerns Rise Speculation continues to be a growing concern in today's market environment, particularly as more participants shift toward short-term, high-risk opportunities rather than long-term investing. The rise of prediction markets, sports betting, and rapid trading strategies has pulled attention away from fundamentals and toward quick outcomes. This shift can contribute to increased volatility and disconnects between price movements and underlying business performance. For investors, it reinforces the importance of maintaining a disciplined approach and focusing on long-term fundamentals rather than getting caught up in short-term speculation. In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Money Wise guys are back inside the studio after a week off and bringing with them the numbers from last week's market performance. Markets moved sharply higher this week following a two-week ceasefire between the United States and Iran, with the Dow Jones Industrial Average gaining about 1,412 points, or 3%, the S&P 500 rising roughly 3.6%, and the Nasdaq leading the way up approximately 4.7%. Despite the strong rally, year-to-date performance remains mixed, with the Dow nearly flat, the S&P 500 slightly negative, and the Nasdaq down about 1.5%. The guys note that the recent move marked a significant rebound after a volatile stretch, particularly as the quarter came to a close. A major focus of the discussion centered on the relationship between geopolitical developments and energy markets, particularly oil prices and their downstream effects. While the ceasefire helped stabilize markets in the short term, the hosts emphasized that underlying risks remain, especially surrounding the Strait of Hormuz and global oil supply routes. The conversation also highlights how quickly oil prices can rise due to trading activity, even when supply conditions have not materially changed, as well as the lag consumers often experience in gasoline prices at the pump. The broader takeaway reinforced that while markets can respond quickly to headlines, longer-term outcomes often depend on how these geopolitical and economic factors ultimately play out. Oil Prices Remain in Focus Oil prices remain a central driver of market sentiment, particularly during periods of geopolitical uncertainty. Sharp moves in energy prices can influence inflation expectations, which in turn affects interest rate outlooks and broader market behavior. Because oil is embedded in nearly every part of the global economy—from transportation to manufacturing—rising prices can put pressure on both consumers and corporate margins. For investors, this creates a ripple effect across sectors, often contributing to increased volatility as markets adjust to shifting cost structures and economic expectations. In the second hour, the Money Wise guys discuss Equity Index Annuities. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Moneywise Radio Show and Podcast Wednesday, April 8th  BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Radio Show & Podcast" call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Management LinkedIn: Moneywise_Wealth_Management Guest: Rickey Bird Jr., Director, Actor, Writer & Producer  websites: https://rickeybird.com/ https://kernoilmovie.com/ instagram The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision. Rickey Bird and his business are not affiliated with nor endorsed by LPL Financial or Moneywise Wealth Management].

This is a highlight episode.Three guests. Three completely different relationships with money. All of them more honest than they probably planned to be.Neil Patel wrote a blog post in 2014 saying he could be happy on $15,000 a month. He meant it. We brought him on to find out how that became $200,000 a month — and where it actually goes. The answer involves $35,000 in bed sheets, four homes in Beverly Hills, and donations that dwarf his actual lifestyle spend.Hank — not his real name — built a $3 billion cell phone distribution company, exited in 1996 for $60 million, and eventually found himself standing inside a 24,000 square foot house wondering how it happened. He paid $10 million. Cash. No mortgage. And runs it like a part-time job. He never says his net worth. He doesn't have to.Taylor Adams grew up in a Los Angeles family with over a billion dollars in assets going back to the 1890s. Got sober at 26. Now helps wealthy families avoid destroying what the first generation built. He has a framework for how that destruction happens. He calls it the Four Horsemen. Every one of them sounds like good advice.Three clips. Three moments worth rewinding.This is MoneyWise.FEATURED GUESTSNeil Patel — Founder, Neil Patel Digital & Crazy EggHank — Anonymous. Cell phone distribution. $60M exit. 24,000 sq ft.Taylor Adams — Founder, Belief Partners. Fourth-generation family wealth.ABOUT MONEYWISEMoneyWise is a Hampton podcast about what wealthy founders actually do with their money. Not how they made it — what they do after. Real numbers. Real allocation. Real feelings about wealth. Hosted by Daniel Berk.New episodes in production now.____________Stop making million-dollar decisions alone. Hampton gives you a personal board of eight vetted founders in your city who meet monthly to tackle your hardest problems. Find your group: https://www.joinhampton.com This episode's sponsor is Daily Body Coach - achieve your dream body with dailybodycoach.com/moneywise

Welcome back to Money Wise, where we pull back the curtain on Wall Street and give you the whole truth, not just the half. It was another rough week across the major indices. The Dow Jones Industrial Average fell roughly 408 points, or about 0.9%, while the S&P 500 dropped approximately 138 points, down 2.1% on the week. The NASDAQ led losses, declining around 700 points - a 3.2% slide. Year-to-date, the picture remains challenging: the Dow is down 6%, the S&P 500 is off 7%, and the NASDAQ has shed nearly 10%. Notably, the S&P 500 now sits well below its 200-day moving average and is down roughly 9.1% from its intraday high, putting it on the edge of correction territory alongside the Dow and NASDAQ. The Money Wise guys discuss how this correction continues to be driven largely by headlines, particularly geopolitical news surrounding Iran, rather than by a deteriorating fundamental backdrop. They note that strong earnings and a resilient labor market remain in place, even as housing has softened again with rates moving higher. The team cautions listeners to cross-reference news sources carefully, pointing out that propaganda and misinformation can move markets just as much as real events. The broader takeaway: when buyers go on strike and headlines dominate, history suggests that perspective and patience matter more than reaction. Dow in Correction The Dow Jones Industrial Average has now entered correction territory, defined as a decline of 10% or more from a recent high. While the word "correction" can sound alarming, it's a normal and historically recurring part of market cycles. What matters most is context: this pullback has been driven largely by event-based headlines rather than a broad breakdown in corporate earnings or economic fundamentals. For long-term investors, corrections can be uncomfortable in the moment, but they have consistently proven to be a natural part of how markets reset and find their footing. In the second hour, the Money Wise guys give listenters a peek into what Wall Street Won't Tell You. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

We're back with another episode of Money Wise, where the Money Wise guys pull back the curtain on Wall Street and talk about what's actually moving the markets. Markets declined again this week as volatility picked up across all major indexes. The Dow Jones Industrial Average fell about 984 points, or 2.1%, while the S&P 500 dropped roughly 1.9% and the Nasdaq declined around 2.1%. Year to date, losses have deepened, with the Dow down approximately 5.2%, the S&P 500 lower by about 5%, and the Nasdaq down nearly 7%. The S&P 500 also closed below its 200-day moving average, a level many investors watch as a measure of longer-term trend direction. The guys note that recent market weakness has been influenced by a combination of geopolitical tensions, continued uncertainty around interest rates, and a surge in trading activity tied to options expiration events, which added to short-term volatility. Indiscriminate Selling Spreads A key theme throughout the discussion was the growing level of fear in the market and how broadly assets are being sold, often without regard to underlying fundamentals. Despite the pullback, the Money Wise guys emphasize that corporate earnings and economic data have remained relatively strong, pointing to continued growth in both earnings and GDP. Historical context was also discussed, noting that market reactions to geopolitical events have typically been short-lived, with selling pressure often concentrated in the early stages. The broader takeaway focuses on the disconnect that can occur between market sentiment and fundamentals during periods of heightened uncertainty, and how those environments can create opportunities for investors who remain focused on long-term trends rather than short-term reactions. In the second hour, the Money Wise guys explore RIA vs. Broker. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Money Wise guys are back with an all-new episode. In the week just past, markets moved lower again as geopolitical tensions and rising oil prices continued to drive investor sentiment. For the week, the Dow Jones Industrial Average declined about 943 points, or 2%, while the S&P 500 fell roughly 1.6% and the Nasdaq dropped around 1.3%. Year to date, all three major indexes are now negative, with the Dow and S&P each down about 3.1% and the Nasdaq lower by approximately 4.9%. Despite the recent pullback, the hosts noted that markets remain within a relatively contained range, with the S&P 500 down just over 5% from its all-time high and the Dow and Nasdaq both down slightly less than 8%, meaning the market has not yet entered what is typically defined as a correction. A significant portion of the discussion focused on the ongoing conflict involving the United States, Israel, and Iran, and its impact on oil prices and market behavior. The hosts highlighted how closely markets have been tracking movements in energy prices, with rising oil contributing to market declines and easing prices providing some relief. Broader concerns around inflation, interest rate policy, and credit markets were also discussed, along with the role of media narratives in shaping short-term sentiment. While geopolitical events and headlines are contributing to near-term volatility, the conversation emphasized that these types of market reactions are not unusual during periods of uncertainty, and that perspective remains important when evaluating longer-term market trends. Private Credit Concerns Private credit has grown rapidly in recent years, but that growth has brought increased attention to the risks beneath the surface. Many of these investments lack the transparency and liquidity of publicly traded markets, which can make it more difficult to assess underlying credit quality and respond to changing conditions. In a higher interest rate environment, borrowers may also face increased pressure, raising the potential for defaults. For investors, understanding how these strategies are structured and where the risks truly lie is an important part of evaluating whether private credit fits within a broader portfolio. In the second hour, the Money Wise guys share The Best Investment Advice Ever. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Host: Helene Raynaud Guest: Christie Caster Air date: Mar 09, 2026

Markets moved lower this week as investors reacted to geopolitical tensions, rising oil prices, and renewed volatility in global markets. For the week, the Dow Jones Industrial Average fell roughly 1,476 points, or about 3%, while the S&P 500 declined approximately 2% and the Nasdaq slipped about 1.2%. Year to date, the major indexes are modestly negative, with the Dow down around 1.2%, the S&P 500 lower by roughly 1.5%, and the Nasdaq down about 3.7%. Despite the pullback, the hosts noted that the overall decline remains relatively contained, with the S&P 500 only about 3.75% below its recent all-time intraday high. A major portion of the discussion focused on global developments and their impact on market sentiment. International markets saw significant volatility during the week, including a sharp drop in the South Korean stock index before a partial rebound. The conversation also turned to geopolitical tensions in the Middle East and how rising oil prices could influence inflation expectations and interest rate policy. The hosts emphasized that conflicts in the region are not new for markets, noting that historically many markets have recovered and even advanced following periods of geopolitical uncertainty. While headlines and political narratives can drive short-term market reactions, the broader perspective highlighted the importance of maintaining discipline and focusing on longer-term market trends rather than reacting to daily news cycles. Oil Prices Rise Oil prices moved back into the spotlight this week as geopolitical tensions in the Middle East pushed energy prices higher and renewed concerns about inflation. Because gasoline prices are one of the most visible costs consumers face, rising energy prices can quickly influence both consumer sentiment and market expectations around interest rates. The hosts discussed how fluctuations in oil prices often drive short-term market reactions, even though markets have historically navigated periods of geopolitical tension and energy price volatility. In the second hour, the Money Wise guys discuss Equity Index Annuities. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Money Wise guys are back at it, kicking off the show with a review of last week's numbers from Wall Street. Markets experienced another week of volatility as investors continued sorting through a mix of economic signals and shifting narratives around artificial intelligence. For the week, the Dow Jones Industrial Average fell roughly 648 points, or about 1.3%, while the S&P 500 declined approximately 0.4% and the Nasdaq dropped around 1%. February finished with mixed results across the major indexes. The Dow edged slightly higher for the month, up about 0.2%, while the S&P 500 declined roughly 0.9% and the Nasdaq fell 3.4%. Year to date, the Dow continues to lead the three major indexes, up about 1.9%, while the S&P 500 remains modestly positive and the Nasdaq has moved into negative territory for the year. A major topic of discussion this week centers on the market's continued tendency to react quickly to headlines surrounding artificial intelligence. Several technology and software companies experienced notable price swings as speculation about AI's long-term impact on different industries circulated through the market. Much of that volatility was amplified by a widely discussed research report projecting significant economic disruption caused by artificial intelligence in the coming years. While the report generated substantial attention, the guys note that many of the assumptions remain highly speculative. The broader takeaway from the discussion is that markets often react first and evaluate later, which can create short-term volatility even when underlying business fundamentals have not materially changed. Treasury Yields Dip Below 4% One development that received relatively little attention in the financial media this week was the drop in the 10-year Treasury yield below 4%. That move helped push mortgage rates back below the 6% level, a notable shift after a prolonged period of higher borrowing costs. Lower mortgage rates could begin to bring additional buyers back into the housing market, particularly as the spring home-buying season approaches. While interest rates remain elevated compared to the historically low levels seen a few years ago, even modest declines can influence housing activity and broader economic sentiment. In the second hour, the Money Wise guys give listeners a peek into what Wall Street Won't Tell You. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Markets moved higher this week while continuing to work through a longer-term consolidation phase that has defined much of the year so far. For the week, the Dow Jones Industrial Average gained 0.3%, the S&P 500 rose 1.1%, and the Nasdaq advanced 1.5%. Year to date, the Dow leads at +3.3%, the S&P 500 is up 0.9%, and the Nasdaq remains down 1.5%. From a technical perspective, the S&P 500 continues to trade within the consolidation range discussed on recent programs. Resistance near 7,000 remains intact, while the 50-day moving average has acted as a recurring support level. By week's end, the index moved back above that average, reinforcing the pattern of sideways movement rather than sustained decline. The Money Wise guys emphasize that this type of consolidation following strong prior gains is typical in market cycles, allowing valuations to normalize and confidence to rebuild. Technology stocks, which drove much of the prior advance, are also becoming more attractively valued after multiple compressions, creating selective opportunities within the sector. Market Resilience During Policy Shifts A major development during the week was the Supreme Court ruling on tariffs tied to the April 2025 trade actions. The Court struck down the specific legal provision previously used, but markets absorbed the news calmly as the administration moved quickly to implement tariffs through other existing authorities. The guys note that the muted market response reflected investors' understanding that trade policy direction remains largely unchanged despite the legal shift. In the second hour, the Money Wise guys explore RIA vs. Broker. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

The Moneywise Radio Show and Podcast Thursday, February 19th BE MONEYWISE. Moneywise Wealth Management I "The Moneywise Radio Show & Podcast" call: 661-847-1000 text in anytime: 661-396-1000 website: www.MoneywiseGuys.com facebook: Moneywise_Wealth_Management LinkedIn: Moneywise_Wealth_Management Guest: Monty Byrom and Paul South of, "Buddha's Beef"  Bands Website: https://buddhasbeefandmeatpacking.com/ Tickets to Saturday's Show: An Evening with Buddha's Beef  The opinions voiced in this podcast are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.  

Stop making million-dollar decisions alone. Hampton gives you a personal board of eight vetted founders in your city who meet monthly to tackle your hardest problems. Find your group: https://joinhampton.com/We're testing something new on MoneyWise. Just like we got radically transparent about money, we want to do the same with company building. Let us know what you think.In this episode: Adam White started Front Office Sports as a college project. Now it's worth over $40 million and it's basically the Wall Street Journal of sports. How'd he do it? We break down the branding, hiring, and operations that Adam used to compete with sports industry titans from day one.Cool Links: Hampton - https://joinhampton.com/Front Office Sports - https://frontofficesports.com/

Volatility returned to markets this week, reinforcing how quickly sentiment can shift in a headline-driven environment. For the week, the Dow Jones Industrial Average declined about 615 points, or 1.2%, the S&P 500 fell roughly 96 points, or 1.4%, and the Nasdaq dropped approximately 485 points, or 2.1%. Year to date, the Dow remains up 3%, while the S&P 500 is essentially flat, down 0.1%, and the Nasdaq is down 3%. From a technical standpoint, the discussion revisits the consolidation pattern that has defined the S&P 500 since Thanksgiving 2025. The index continues to encounter resistance near the 7,000 level and support around its 50-day moving average. Although the S&P has briefly closed below that moving average at times, it has not remained there for long, reinforcing the sideways trading range that has persisted for months. The Money Wise guys also note that despite this consolidation, the S&P 500 has still advanced about 13.8% since November 2024, underscoring that recent volatility exists within a longer-term upward trend. Artificial Intelligence Headlines A significant portion of the episode focuses on the growing market tendency to react instantly to artificial intelligence headlines. The guys caution that AI is more likely to enhance existing industries than replace them outright, pushing back against narratives suggesting widespread obsolescence across sectors. Recent examples illustrate how algorithm-driven trading and unverified news can trigger sharp price moves before facts are confirmed. The broader takeaway echoes a long-standing Money Wise principle: markets often react first and evaluate later, making disciplined perspective and active decision-making essential in periods dominated by speculation and rapid information flow. In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Markets delivered mixed signals this week, reminding investors that headline performance rarely tells the full story. For the week, the Dow Jones Industrial Average surged 1,223 points, or 2.5%, while the S&P 500 edged lower by about 7 points, or 0.1%. The Nasdaq declined roughly 431 points, or 1.8%. On a year-to-date basis, the Dow is now up 4.3%, the S&P 500 is up 1.3%, and the Nasdaq is down 0.9%. From a technical standpoint, the conversation focuses on key market levels and investor behavior. The Dow closed above 50,000 for the first time in history, marking a notable milestone. Meanwhile, the S&P 500 briefly dipped below its 50-day moving average before rebounding sharply on Friday, supported by improved consumer sentiment. That late-week rally was significant, representing the S&P's strongest single-day gain since April of last year, following the tariff-driven volatility at that time. Despite the rebound, resistance near the 7,000 level remains intact. NASDAQ Pressure The Money Wise guys also examine why weakness in the Nasdaq drew so much attention. After rising roughly 50% from its intraday lows earlier in the year to its October high, the index has struggled to regain momentum, particularly as software stocks faced renewed pressure. The guys caution against chasing speculative narratives, including claims that assets like Bitcoin serve as reliable hedges. Instead, the discussion reinforces a long-standing Money Wise principle: cash and active portfolio management remain practical tools for managing uncertainty, while speculation often introduces more risk than protection. In the second hour, the Money Wise guys discuss Equity Index Annuities. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

Rather than reacting to short-term market swings, this week on Money Wise took a closer look at the technical patterns shaping recent market activity. For the week, the Dow Jones Industrial Average declined by roughly 206 points, or 0.4%, while the S&P 500 gained approximately 23 points, or 0.3%. The Nasdaq slipped about 39 points, or 0.2%. Despite modest weekly movement, year-to-date results remain positive, with the Dow up 1.7%, the S&P 500 up 1.4%, and the Nasdaq up 0.9%. From a technical perspective, the conversation focuses on what long-time listeners recognize as a market “pause.” Since Thanksgiving, the S&P 500 has traded within a narrow range of roughly 300 points, about a 4.5% channel from high to low. The 50-day moving average continues to act as a support level, with the index briefly dipping below it intraday before closing back above. At the same time, resistance near the 7,000 level has capped upside progress, creating a consolidation phase that is common in extended market cycles. Precious Metals in Focus The Money Wise guys also address growing attention around precious metals, particularly gold. Since Thanksgiving, gold as measured by the GLD ETF has risen nearly 20%, a move that has generated increased advertising and speculation. The hosts caution investors against emotionally driven decisions fueled by extreme forecasts, noting that gold does not consistently protect against inflation and has historically lagged equities over long periods. The broader takeaway remained consistent with Money Wise's long-standing message: understanding market structure, maintaining perspective, and avoiding reactionary decisions matters far more than chasing headlines or short-term performance narratives. In the second hour, the Money Wise guys give listeners a peek into what Wall Street Won't Tell You. You don't want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

This EFT tapping session with Brad Yates focuses on being more money-wise by easing stress, confusion, and emotional charge around financial decisions.

Host: Mindy McCulley, MS Family and Consumer Sciences Extension Specialist for Instructional Support, University of Kentucky  Guest: Jeanne Badgett, MS Extension Associate for Clothing, Textiles, and Household Equipment Season 8, Episode 32 Join Talking FACS host Mindy McCulley and guest Jeanne Badgett from the University of Kentucky FCS Extension for a practical episode about organizing without breaking the bank. Strategies include: decluttering first grouping like items establishing zones repurposing containers, and suggest for when to invest in uniform storage Key takeaways: toss broken items, sort and label for visibility, try no-cost solutions first (repurpose boxes, jars, trays), enlist a friend instead of hiring help, and remember clutter has both financial and opportunity costs. Resources mentioned: Money Wise newsletter and your local Extension office for more tips and hands-on support. For more information about this topic and other MoneyWi$e topics, visit: MoneyWi$e Newsletter MoneyWi$e Website Connect with FCS Extension through any of the links below for more information about any of the topics discussed on Talking FACS. Kentucky Extension Offices UK FCS Extension           Website           Facebook           Instagram           FCS Learning Channel