Podcasts about portfoliothe

Send us a textWhat does it really take to go from sleeping on rooftops to owning over 100 doors and starting a $20M fund? In this powerful episode, I reconnect with real estate investor, entrepreneur, and podcast host Martin Perdomo, also known as The Elite Strategist. Martin's story is a gritty, no-fluff journey from childhood hustle to building generational wealth and teaching others how to escape the cycle of poverty.We unpack how he made his first moves in real estate, the decision to become a fund manager, and why investing in mentorship and community is the ultimate wealth hack. Martin drops gems on growing your mindset, navigating new levels of entrepreneurship, and the importance of believing before achieving.If you're tired of surface-level advice and want real insight into building lasting wealth—this episode is your wake-up call.

Episode DescriptionIn this deeply personal and insightful episode, Coach Mark Carroll steps away from the fitness talk and opens up about his investing journey—from humble beginnings with zero financial background to building a $45 million investment portfolio. Mark shares raw reflections on his mindset, mental health struggles, lessons from failure, and how he became self-made without any business training or financial mentorship.This isn't a masterclass or a sales pitch—it's a real story from a personal trainer who found freedom and security through relentless learning and smart investing. Whether you're a coach, creative, or everyday person looking to take control of your financial future, this is the episode that might change your mindset—and your life.What You'll Hear in This EpisodeWhy Mark started investing and how his mental health played a roleHow he grew from $0 to a $45M+ investment portfolioThe exact asset classes he focused on (property, stocks, crypto)Why mindset and self-education matter more than business degreesWhat motivated him to build long-term wealth, not quick cashHis unique approach to saving, spending, and investingThe biggest investing mistake you can make—and how to avoid itA vulnerable look at his self-doubt, failures, and perseveranceHow he used the same discipline in fitness to fuel financial growthEnjoyed the episode? Here's how you can support the show:

In an exclusive interview with ASUG Talks, Dr. Philipp Herzig, SAP Chief Technology Officer, discusses the talk of the SAP ecosystem:  artificial intelligence. The constantly-evolving technology is steadily becoming a critical component of the software company's offerings, with SAP working to embed AI capabilities across its entire suite of solutions. Ahead of SAP Sapphire & ASUG Annual Conference 2025, Herzig sat down with Geoff Scott, ASUG CEO & Chief Community Champion, for a wide-ranging discussion about the place AI holds in the SAP ecosystem and how he is working to further enable SAP customers to embrace the technology.  Key Insights How Herzig is specifically driving SAP's goal of being the “number one business AI company”Specific examples of how SAP is embedding AI capabilities across its entire portfolioThe vision for SAP Business Data Cloud and how it empowers enterprises to embrace AI solutions Related Resources Read ASUG's exclusive interview with Jan Gilg,  Chief Revenue Officer & President for SAP Americas and the SAP Global Business Suite organizationExpand your AI knowledge with the ASUG  Artificial Intelligence Fundamentals and SAP AI Solutions Content CollectionListen to ASUG Director of Strategic Topics and Communities, Kelly Dowling, on a recent episode of the Women in ERP Podcast, where she discusses her work building and empowering the ASUG community Listen to more ASUG TalksJeff Suellentrop, Chief Information & Technology Officer at Phoenix Global, joins the podcast to walk through his organization's recent GROW with SAP projectAndre Bechtold,  President of SAP Industries & Experiences, lays out how SAP approaches technology innovation and building the next generation of SAP professionalsGeoff Scott is joined by two members of the ASUG Board-- Mark LeClair and Craig Dalziel--to break down the SAP Business Data Cloud (BDC) release and Databricks partnership 

Commodities have always been cyclical, but today's mining sector is facing a unique blend of macroeconomic volatility, geopolitical tension, and structural change. In this episode, we hear from Evy Hambro and Olivia Markham, co-managers of the BlackRock World Mining Trust, as they discuss current disruptions like tariffs and trade rerouting, the surprising disconnect between commodity and equity prices, and the rising importance of critical materials like copper and uranium. We also unpack how unquoted investments, royalty strategies, and income diversification are helping to future-proof the portfolio.What's covered in this episode: Initial reactions to Liberation Day and what it means for the portfolioThe breakdown in commodity prices and share prices of the companies that produce themThe gold price continues to soarIncreasing exposure to gold equitiesHow you could have underperformed with a gold equity ETFThe long-term appeal of copperWhat types of companies make up the unquoted part of the portfolio?The dividend track record of the trustHow important is China to the commodities outlook?What infrastructure spending in Europe means for the sectorA renaissance in uraniumDo you expect M&A activity to continue to grow?More about the fund: BlackRock World Mining is a specialist trust offering exposure to mining and metals companies globally. Managed by one of the most experienced teams in the market, this trust is ideally positioned to tap into a number of global tailwinds set to benefit the mining sector. The trust has significant flexibility to invest across various metals and mining companies, including unquoted companies.Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.

I just watched the market drop 9% in 5 days—and I didn't panic for a second.In this episode, I'm sharing exactly how I think about volatility, the two reasons an investment might dip, and how to position your portfolio to profit (not panic) when the market moves fast.Tune in to learn:How to think about volatile markets (and why I never panic)The 2 reasons an investment might drop—and how YOU can tell the differenceWhy following your intuition might be sabotaging your portfolioThe cost of waiting even just 3 months to investWhy now is the moment to get your money working for you DM ME 100K on FACEBOOK or INSTAGRAM

Residential to Commercial and the Power of Giving BackFeaturing: Gabe Rodarte & Shawn JohansonIn this episode, we dive deep into the journey of transitioning from residential to commercial real estate, exploring key strategies, challenges, and success tips. But that's not all – Gabe and Shawn also share the powerful impact of giving back to communities and the role it plays in their success. If you're interested in scaling your real estate investments or want to learn how to make a positive impact while growing your business, this episode is for you!Key Topics:The transition from residential to commercial propertiesKey insights into scaling your real estate portfolioThe power of giving back and why it mattersListen now and get inspired by these seasoned experts!#SellerFinancing #sellerfinancingstrategies #realestateinvesting #realestate  #cashflow #realestatetips

Once a year history's greatest investor writes a public letter to his shareholders. And while he may be 94 years old, he's showing no signs of slowing down. In today's episode we review Warren Buffett's latest annual letter and share 6 of our biggest takeaways. You can read the full letter here: https://www.berkshirehathaway.com/letters/2024ltr.pdfThat's not all we're talking about in another big episode:Luke Laretive returns for another Pimp my PortfolioThe drama unfolding at WiseTech GlobalAustralia's quantum computing breakthrough Microsoft's developed a new state of matter —------Want to get involved in the podcast? Record a voice note or send us a message on our website and we'll play it on the podcast.—------Keep up with the news moving markets with the Equity Mates daily email and podcast:Sign up to our daily email to get the news delivered to your inbox at 6am every weekday morningPrefer to hear the news? We've turned our email into a podcast using AI - listen on Apple or Spotify—------Want more Equity Mates?Listen to our basics-of-investing podcast: Get Started Investing (Apple | Spotify)Watch Equity Mates on YouTubePick up our books: Get Started Investing and Don't Stress, Just InvestFollow us on social media: Instagram, TikTok, & LinkedIn—------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —------Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Send us a textThought leadership is key to building authority in health writing, and this month we are diving deep into this topic. Your nursing experience—not just your writing skills—is your greatest asset in standing out as a freelance nurse writer. In today's episode, I'll share how you can leverage your expertise to establish credibility and authority in your niche. Whether you're working with patients or writing for clients, this episode is full of practical insights to help you take actionable steps forward.Developing authority in health writing involves identifying key insights from your nursing career and turning them into valuable content for your audience. I'll introduce you to the “Experience to Authority Funnel,” a step-by-step framework to help you position yourself as a trusted expert and attract the right clients for your business.Turning Your Experience into Authority in Health WritingToday on The Savvy Scribe Podcast:Why your nursing experience is the foundation for building authority in health writingHow to identify transferable skills like patient education, research, and time managementA framework called the “Experience to Authority Funnel” to guide your growthReal-life examples of turning everyday nursing scenarios into relevant, impactful contentHow to extract key insights from your experience to serve healthcare clients effectivelyPractical steps to pitch content ideas, secure clients, and build your portfolioThe importance of networking, community support, and continuous learning as a nurse writerOpportunities to access our paid membership for masterclasses and additional resourcesIf you're ready to elevate your business, it's time to leverage your experience and establish authority in health writing. Tune in for actionable tips and inspiration to guide your next steps!Welcome to the Savvy Scribe Podcast, I'm so glad you're here! Before we start the show, if you're interested, we have a free Facebook group called "Savvy Nurse Writer Community"I appreciate you following me and listening today. I would LOVE for you to subscribe: ITUNESAnd if you love it, can I ask for a

Scott Phillips is the Chief Investment Officer of The Motley Fool Australia.Throughout this Summer Series, we're speaking to 12 accomplished investors and financial advisors to unpack their journeys in finance and the lessons they've learned along the way.In today's conversation with Scott, we're unpacking:How a cold email saw Scott find his way into the finance industryThe training process the Motley Fool uses to upskill new analystsScott's personal investing philosophy and how that has evolved from his early daysThe one ETF Scott owns as part of his portfolioThe largest stocks Scott owns in his portfolioThe advice Scott wishes to share with every young investor—------Thank you to Viola Private Wealth for sponsoring this Summer Series and helping us keep all of our content free.Managing over $2.5 billion in assets, Viola Private Wealth specialises in clear, empowering wealth solutions. Whether you're preserving wealth or planning intergenerational transfers, their boutique approach ensures personalised attention for every client.To speak to the team at Viola Private Wealth, complete the contact form on their website.—------Looking to start 2025 on the right foot?Pick up a copy of our books Don't Stress Just Invest or Get Started Investing.Want to speak to one of our hand-picked financial advisers? Fill out the form on our website and we'll put you in touch.Want more Equity Mates?Listen to our basics-of-investing podcast: Get Started Investing (Apple | Spotify)Watch Equity Mates on YouTubeFollow us on social media: Instagram, TikTokSign up to our daily news email—------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —------Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Nish Patel, manager of the Global Smaller Companies Trust, shares insights into current valuations, the impact of recent interest rate cuts, and how M&A and share buybacks are shaping the small-cap space. Nish shares how his focus on quality businesses with sustainable competitive advantages can offer both growth and reduced risk. We also discuss portfolio changes, including leveraging in-house expertise and reducing holdings to focus on high-conviction ideas. What's covered in this episode: The valuations of smaller companies todayWhat catalysts are needed for a small-cap recovery?A double discount at playGrowth companies with lower riskChange of management to the trustHow the team has evolvedThe three types of businesses in the portfolioThe trust's long-standing dividend growthThe attraction of small-caps More about the fund: This trust invests in smaller companies from around the world. Fund manager Nish Patel believes that these businesses experience superior growth over the long term compared with larger companies. His goal is to go where other equity researchers won't, in order to find hidden gems at attractive prices. The firm's small-cap specialists have a well-disciplined investment process and the trust has a strong track record of beating the market. Having recently celebrated its 130th anniversary, the trust is one of the oldest in the market – it has also successfully produced 50 years' worth of dividend growth for investors.Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.

Are rising interest rates impacting your multifamily investments? In this episode, Gino Barbaro from Jake & Gino dives deep into the complex world of fluctuating interest rates and their effects on multifamily real estate. From the 2022 market peak to today's hold patterns, Gino offers expert insights and strategies to help you weather the storm and still make profitable deals. Whether you're looking to buy, hold, or refinance, this video is packed with essential information to guide your decisions. Topics Discussed:How rising rates affect your multifamily portfolioThe significance of loan maturities through 2028Buy right, manage right, finance right principlesStrategies for working with credit unions and assumptionsGino's thoughts on the future of interest rates and real estateKey Takeaways:The importance of financing in real estate and how it can make or break your dealHow to approach real estate deals in today's high-interest environmentNavigating the uncertainties of future rate drops and positioning yourself for successWhether you're a seasoned investor or just starting out, Gino's years of experience will provide you with practical tips to navigate these turbulent times in the real estate market. Don't miss this episode—subscribe now for weekly insights! Event Alert!Join us in Denver for our 3-day real estate event from October 25th-27th! Learn more at JakeandGino.com.If you enjoyed this video, don't forget to hit the like button, leave a comment below, and subscribe for more real estate content!Stay up-to-date with weekly podcasts, how-tos, and more from Jake & Gino. We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

How can immigrant entrepreneurs leverage their unique experiences to build generational wealth through real estate?In this episode, Yonah sits down with Bryan Escudero, a first-generation American whose parents immigrated from Colombia. Bryan dives into the challenges and triumphs of navigating the real estate world as a first-generation investor, highlighting the importance of education, strategic partnerships, and the role of cultural background in shaping financial decisions. Bryan's insights offer valuable lessons for anyone looking to make their money work for them, especially those from immigrant backgrounds.[00:01 - 06:08] The Power of Family and CommunityThe quality of relationships, not just financial gainThe importance of a strong family bond for professional achievementsWhat can drive success in business ventures[06:09 - 12:02] First-Generation Success in Real EstateWhy financial education is crucial for first-generation investorsA tangible path to wealth creation beyond traditional savings methodsThe immigrant mindset of hard work[12:03 - 18:12] Balancing a Corporate Career with Real Estate AmbitionsThe freedom to be selective with real estate dealsHow to maintain a fulfilling corporate career while building a real estate portfolioThe role of strategic time management and partnership[18:13 - 24:56] Overcoming Cultural Barriers in Real EstateThe lack of financial information available in languages other than EnglishWhy immigrants face hurdles in accessing reliable investment informationProviding trustworthy resources is crucial for empowering first-gen investors[24:57 - 30:33] Focus and Discipline in Real Estate InvestingAvoiding "shiny object syndrome" is key to long-term success in real estateWhat can help investors focus and achieve investment goalsThe importance of staying true to your mission and goalsConnect with Bryan:Website: www.firstgenfoundations.comLinkedIn: https://www.linkedin.com/in/bryan-escudero/Instagram: https://www.instagram.com/firstgenfoundations/LEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Tweetable Quotes:"Success means nothing to me if I'm not bringing people along with me." - Bryan Escudero"You don't have to do all the work yourself; learning to delegate and build a strong team is essential." – Bryan EscSupport the Show.

Unlock the secrets to scaling your real estate investments like a pro with August Biniaz! In this episode, August shares his incredible journey from getting his real estate license to founding CPI Capital and achieving success in multifamily real estate syndications. Discover how strategic renovations, understanding market dynamics, and building strong partnerships can lead you to generational wealth.August dives deep into:His transition from real estate agent to developer and investorThe benefits of multifamily assets and syndication in real estate investingTips on increasing property value and maximizing rental incomeBuilding and nurturing investor relationshipsNavigating cross-border investments between Canada and the USConnect with August Biniaz and learn more about his projects at cpiccapital.com! Key Takeaways:Real estate investing strategies to scale your portfolioThe importance of market analysis and property managementLeveraging partnerships and building a strong teamThe role of marketing and branding in attracting investorsCTAs:Subscribe to the PODCAST! Stay updated with the latest episodes.SUPPORT THE SHOW! Like, share, and review our content.Join the Community: Network with fellow real estate enthusiasts and investors.Get Exclusive Insights: Visit cpiccapital.com to explore investment opportunities."Real estate always appreciates faster than inflation, making it a powerful tool for building generational wealth." - August BiniazDon't miss out on these invaluable insights! Subscribe, like, and share this episode to help others on their real estate investment journey.#PassiveInvesting #PrivateEquity #LuxuryHomes #RealEstateTips #AugustBiniazCHAPTERS:00:00 - Intro00:30 - How August Biniaz Got into Real Estate04:11 - How to Force Appreciate a Property05:36 - How CPI Capital Finds Properties08:41 - What is a Syndication11:20 - Dealing with the SEC and Canadian Securities14:50 - Real Estate Taxes19:28 - Marketing to Investors19:50 - How to Establish Your Reputation24:50 - Team Building and Marketing28:10 - The Counterintuitive Nature of Marketing29:38 - CPI Capital's Current Project31:20 - What We Missed34:35 - Rapid FireRealDealCRM.comRealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.comLIKE • SHARE • JOIN • REVIEWWebsiteJoin the REI Mastermind Network on Locals!Apple PodcastsGoogle PodcastsYouTube

Zehrid ‘Zed' Osmani, manager of the Martin Currie Global Portfolio Trust, elaborates on his three-step investment process that ensures only the most promising companies make it into the portfolio, before diving into the significant themes driving this strategy, including demographic changes, future technology, and resource scarcity. Additionally, Zed provides insights into the valuations of industry giants Nvidia and Mastercard, and touches on the implications of interest rate changes on quality growth companies.What's covered in this episode: Three-step process to building a high-conviction portfolioThe trust's valuation frameworkThe three megatrends targeted in this trust The benefit of thematic investingTargeting seismic thematic shifts, for example, an aging populationWhy the market is underestimating the AI opportunityThe cross-section of AI and the stated megatrendsThe “techno-industrial revolution” The investment case for Atlas CopcoHow to evaluate a company like NVIDIAThe investment case for long-term holding MastercardDo macro changes influence underlying holdings? More about the fund: Zed has shown himself to be an excellent manager of high-conviction strategies. This trust has the ability to tap into a series of long-term themes – such as the rise of electric vehicles, growth of the emerging market middle class and the onset of artificial intelligence - which have the potential to deliver strong outperformance for investors. The highly-driven research approach has proven to be extremely successful over the longer term across a range of portfolios.Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.

Michele Ward shares the secrets behind the impressive performance of the T. Rowe Price US Smaller Companies Equity fund, which has outperformed its benchmark over 1, 3, 5, and 10 years. We explore the fund's philosophy of investing in high-quality companies, letting winners run, and maintaining a balanced approach between growth and value. We also discuss the impact of interest rates on small-cap companies and highlight some unique and diverse investments within the portfolio. What's covered in this episode: The secret to continued outperformanceThe ability to “run winners”…and how that's impacted the portfolioThe company that went from $4.5 billion to $30 billionValue or growth: where do opportunities lay today?Why small-caps are due to come back into favourThe impact of interest ratesDo smaller companies have more debt?Case study: Manhattan AssociatesWhy hybrids are more attractive in the USMore about the fund: T. Rowe Price US Smaller Companies Equity has a flexible approach looking for both growth and value opportunities in the small and mid-cap space, to build a diverse portfolio of the best ideas from the vast analyst resource at his disposal. The manager will allow his winners to run as long as he still believes there is a return opportunity. As such, the portfolio is likely to have more of a mid-cap bias than its peers. This approach has borne fruit, with considerable performance coming from stock selection.Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.

► If you enjoyed the episode, please leave us a good review!► More from PIF: https://linktr.ee/practicalislamicfinanceA Breakout Finally??In this episode, we will cover:Major indicators for Bitcoin and price targets based on different measurements Expectations from Bitcoin miners and their potential to outperform BitcoinAnalysis of the stock-to-flow model and its predictions for Bitcoin's price The significance of the pie-cycle indicator and its predictionsInsights from the Bitcoin rainbow chart and its implicationsUnderstanding the MVRV Z score and its current implications for BitcoinThe concept of cycle repeats and their accuracy in predicting Bitcoin's priceDiscussion on the future plans for selling assets in the portfolioThe impact of Bitcoin ETFs and their inflows on Bitcoin's stabilityThe performance comparison between Bitcoin miners and Bitcoin itself Importance of taking profits from Bitcoin miners and owning the best-performing ones Audience Q&A covering various topicsCONTACT USsalam@practicalislamicfinance.comABOUT OUR PODCASTOur podcast is about helping people ethically build wealth. We cover a broad range of topics including stock and crypto investing, product reviews, and general financial well-being.DISCLAIMERAnything you hear in this video is an opinion. It is not personalized financial advice. Make sure you do your due diligence before making any investment decisions.

Between 1950 and 2009, 78% of companies listed on the US stock market went bankrupt. That was a finding from Geoffrey West in his book Scale. Makes the stock market seem pretty risky right?In that time, the US stock market grew 23,249%. Or, put another way, each $100 invested in 1950 turned into more than $200k. In this episode we share how you can reconcile those two numbers and ultimately why companies may die but indexes are forever. Here's what else we cover in today's episode:How indexes have changed over time Adam Dawes returns for another Pimp my PortfolioThe challenge of ETF overlap: what is it, when is it okay and how can you measure it?Resources discussed: Examine ETF overlap with ETF TrackerPick up our book Don't Stress, Just InvestHave a question? Ask via our website and we'll answer it on the podcast.Join the conversation in the Facebook Discussion Group—------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —------Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

The IFSL Wise Multi-Asset Growth fund has weathered various market storms since launch 20 years ago. We explore the challenges of navigating volatile markets, particularly amidst events like Brexit and the Covid-19 pandemic, with co-manager Vincent Ropers. Despite the noise, he finds solace in the abundance of value opportunities for patient investors, highlighting sectors like investment trusts, private equity, biotechnology, and UK equities in this interview.What's covered in this episode: How market noise impacts fund managementBalancing investment sentiment with investment decisions The benefits of investment trustsRecent challenges within the investment trust sectorHow the fund utilises private equity in the portfolioThe difference between private equity and venture capitalThe appeal of the biotechnology sectorOpportunities in the UK equity marketWhy the manager stays clear of US equity fundsRecent exposure to commoditiesPlaying the theme of decarbonisation in the fundThe significance of value strategies  The key to consistent long-term performance More about the fund: This fund sits in the Investment Association Flexible sector, which means the manager is afforded a significant degree of discretion over asset allocation and is allowed to invest up to 100% in equities. We like the team's straightforward process and focus on managers with a simple, yet disciplined investment process. The focus on high-quality funds, coupled with strong exposure to investment trusts, offers a valid alternative in the IA Flexible sector. Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.

How do you make money with short-term rentals? Is it worth it? Is the market over saturated?This is Queer Money episode #498, and today we're joined by Jason Muth, owner of Prideaway Stays where he focuses on helping the LGBTQ+ find and rent out short-term rentals, especially in the Provincetown, MA area. Topics Covered:How Jason's side hustle with STRs turned into his full-time jobWhy Jason focuses on classic vacation markets that have existed for decadesHow listening to Bigger Pockets inspired Jason to invest in STRs The first 3 steps Jason took to start making money with vacation rentalsWhat it means to have a ‘power tribe' and why it's importantJason's conservative approach to growing a short-term rental portfolioThe hidden costs of getting a short-term rental business off the groundWhy it's crucial to set clear expectations in your listing and then overdeliverStrategies for mitigating the risk of ‘bad guests' trashing your propertyJason's advice on responding to negative reviews by taking the high roadHow to get into STRs through cohosting without buying a property yourselfWhat it means to ‘make a profit on the purchase' of real estateFor the resources and to connect with our guests, get the show notes at: https://queermoneypodcast.com/subscribe Follow us:Queer Money Instagram Queer Money YouTubeQueer Money on TiktokDownload your FREE Queer Money Kickstarter a 9-step Guide to Kickstart Your Journey to Financial Independence

Explore investment diversification through stocks and bonds with private wealth advisor Matt Borowski, CPWA®, CIMA®. Learn about the crucial role of financial advisors in guiding diversification decisions and practical tips for diversifying your investment portfolio. Matt will also share investment strategies in the private sector, so hop in!KEY TAKEAWAYSChallenges that come along with greater financial successPrivate investment strategies to diversify your portfolioThe role of financial advisors in your portfolio diversification and investment decisionsSimple tips for diversifying your investments in 2024 Reasons you must be mindful in transferring IRAs to self-directed investmentsRESOURCES/LINKS MENTIONEDThe Ultimate Gift: https://imdb.to/3wUFXfE  Die With Zero by Bill Perkins: https://amzn.to/3wGccPF Edward Jones: https://www.edwardjones.com/us-en Fidelity Investments: https://www.fidelity.com/ Charles Schwab: https://www.schwab.com/ ABOUT MATT BOROWSKI, CPWA®, CIMA®Matt is a partner and senior wealth manager at True North Advisors. As a Certified Private Wealth Advisor and Certified Investment Management Analyst professional, Matt serves high-net-worth individuals and families with an independent, client-centric approach to investment management and holistic financial planning. CONNECT WITH MATTWebsite: True North Advisors: https://truenorthadvisors.com/ LinkedIn: Matt Borowski: https://bitly.ws/3f9MS CONNECT WITH USSchedule a 20-min get-to-know each other call - bit.ly/3OK31kISchedule a 30-minute call to learn about investing with Three Keys Investments - bit.ly/3yteWhxVisit ThreeKeysInvestments.com to download a free e-book, “Why Invest in Apartments”!If you're looking for an affordable healthcare solution, check out Christian Healthcare Ministries by visiting https://bit.ly/3JTRm1IGo deeper into your reflection with the Conscious Investor Growth Exercises. Click the link to access now https://bit.ly/46mLPKu Ready to accelerate your efforts? Click the link to learn more and apply to the Conscious Investor Growth Accelerator. Space is limited to 12 people https://bit.ly/3QA6K76 Join us at The Conscious Investor on Apple Podcasts! Leave an honest rating and review at https://tinyurl.com/24tf2rj9. Your feedback is invaluable to us – let us know your take on our episodes! Please RSS: Review, Subscribe, Share!

Today, we've invited Lindsay Lovell, a coach, speaker, real estate investor, co-founder, and CEO of 3 businesses. Owning 36 doors after 18 months, she'll prove that quick growth is possible in short-term and long-term property rentals with proper guidance and strategies.Now, she joins the show to share how she achieved all her success in the investing space, diversification approaches, and ways for you to start building your financial future. Key Points & Relevant TopicsLindsay's background and the introduction to her fast-growing portfolioThe difference between a home and a rental or investment propertySome effective ways to start a rental businessThe importance of having a team when you're investing out-of-state or out of your backyardSteps to building an out-of-state real estate team Financing strategies for beginners in real estate investingWhat makes single-family and small multifamily ideal for rental businessHow does acquiring conventional bank loans work for married couplesSenior living homes as a great strategy for diversifying a portfolioResources & LinksBiggerPocketsApartment Syndication Due Diligence Checklist for Passive InvestorAbout Lindsay LovellLindsay had an explosive, successful start in real estate investing. In just the first 18 months, Lindsay scaled from zero to 36 doors, reaching her goal of financial freedom along the way. She started with a focus on the BRRRR method, and then quickly expanded into flips, STRs, joint ventures, and passive investments. Now, only two years later, her portfolio consists of 57 long-term rentals and 15 short-term rentals. Scaling this quickly involved leveraging various creative financing strategies including hard money loans, tapping into equity from BRRRRs, forming relationships with local banks, and even utilizing a self-directed IRA and self-directed Roth IRA. Lindsay recently co-founded G-VI Capital Management, LLC which has over $15M in assets within 3 funds under management. The unique opportunity that G-VI Capital Management offers to investors is access to all the benefits of investing in various markets, with a blend of vacation rentals and long-term rentals, without any of the workload it takes to successfully run rentals. Additionally, Lindsay co-founded Wanderlust Stays, a co-hosting/vacation rental management company that oversees properties across the country. Along this journey, Lindsay started The Millionaire's March coaching, which has been able to bring to life her passion for helping other women learn how to reach financial independence. She lives in San Francisco with her husband, Cory, and their two dogs Paxton and Piper. When not working on real estate, you can find Lindsay skydiving with Cory horseback riding, or traveling. Get in Touch with LindsayWebsite: https://themillionairesmarch.com/ To set up a free 30-minute investing strategy session, go to www.millionairesmarchfreestrategysession.com/ and book your call.To Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

Do you feel financially fit? Do you even know what that means? If not, you're in luck. In this episode of The Green Zone Podcast, hosts Jeff Green and Lauren Smith guide you through the key elements you'll need to ensure your financial well-being in the coming year. You'll hear about everything from long-term investments to retirement goals to ways you may want to consider to protect your assets. Together they discuss:The importance of pausing to evaluate your near-term and long-term goals and aligning your investment strategy accordinglyHow understanding your retirement “buckets” can set you up for success after your career daysHow you can think about the 60/40 principle in relation to your portfolioThe pros and cons of Certificates of Deposit (CDs) and the concept of the “ladder strategy”Taking the equity risk premium into consideration when making investment decisionsAnd more!Connect With Green Financial Group:jeff@greenfinancialgrp.com(713) 244-3030Schedule A Call With Jeff or LaurenGreen Financial GroupLinkedIn: Jeff GreenLinkedIn: Lauren Smith

In this interview, Richard Parfect, co-manager of the VT Momentum Diversified Income fund, gives an overview of where he believes the opportunities in the market lie today, highlighting high yield, emerging market debt and specialist assets. We then shift to a broader discussion around inflation and how that impacts the fund's inflation target of CPI plus 5%. Finally, the conversation touches on a critical issue within the investment trust industry – the inclusion of investment company costs in the reported costs of funds. Richard expresses concerns about this practice, as it can create an uneven playing field for fund comparisons and lead to misleading cost figures. He stresses the need for transparency and common-sense adjustments in cost reporting to ensure investors can make better informed decisions. What's covered in this episode: The largest holdings in the VT Momentum Diversified Income fundHow high yield and emerging market debt can be defensiveWhy the fund is leaning towards fixed income The importance of specialist assets, including an airline leasing companyThe role of gold in the portfolioThe fund's inflation target of CPI plus 5%Managing expectations around inflationSynthetic costs on investment trustsWhy trust costs could be misleading to investorsMore about the fund: The aim of the VT Momentum Diversified Income fund is to consistently generate a substantial income stream while also aiming to safeguard the long-term real value of capital. The fund managers adopt a value-focused investment style and have the flexibility to allocate across various asset classes, including both UK and international equities, fixed income, real estate, and specialist investments.Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.

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David Ennett, co-manager of the Artemis Global High Yield Bond fund explains why the sector has now matured giving investors greater scope to invest in higher quality bonds in this portion of the market. He emphasises the importance of actively choosing which segments of the market to invest in and explains why high yield bonds are appealing in an inflationary environment.The interview also delves into the fund's investment approach, including its preference for BB and B-rated securities, as well as its focus on developed markets like the UK and the US. David also shares the rationale behind a few unique holdings, such as Crocs, and why they make a better investment than fashion choice. Regarding the market outlook, David believes the second half of the year may continue to be influenced by inflation and uncertainty, but there's growing acceptance that the downside may not be as pronounced as feared. David also discusses his 3-5 year outlook for the high yield bond market.What's covered in this episode: What type of companies make up the high yield marketDoes high yield become risker in an inflationary environmentWhere does the Artemis Global High Yield Bond fund investWhy the UK bond market is so appealingThe investment case for CrocsUncovering hidden gems in the marketHow do high yield bond funds fit in a wider portfolioThe correlation between equities and high yield bondsMoving on from inflation denial and what that means for the second half of 2023The medium-term outlook for high yield bondsMore about the fund:The Artemis Global High Yield Bond fund is a high conviction fixed income portfolio investing in 60-100 high yield issuers across the globe. Managers David Ennett and Jack Holmes, aim to make the money invested by shareholders grow in two ways: by earning regular income and by increasing the overall value of the investments. They do this by looking for opportunities in parts of the bond market that other investors don't pay as much attention to.Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.

When you think about long-term investments, you probably focus on stocks, bonds, real estate, funds, and the like. But what about cash? In this episode of The Green Zone Podcast, hosts Jeff Green and Lauren Smith cover some of the key considerations you should be making if you're pondering the pros and cons of long-term investments in cash. Together, they discuss:The reason some folks are prioritizing cash funds in their investment strategyWhy you must pause to evaluate your near-term and long-term goals and needsHow to think about a 60/40 principle with regards to your portfolioThe pros and cons of CDs (and what a “ladder strategy” is)Taking the equity risk premium into accountAnd more!Connect With Green Financial Group:jeff@greenfinancialgrp.com(713) 244-3030Schedule A Call With Jeff or LaurenGreen Financial GroupLinkedIn: Jeff GreenLinkedIn: Lauren Smith

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Stephanie Bothwell, co-manager of the BlackRock European Absolute Alpha fund, joins us today to discuss the current economic and market conditions in Europe. While macro narratives such as inflation and interest rates have influenced the market, there is now more dispersion between stocks and within sectors, creating a supportive environment for bottom-up stock selection. Stephanie highlights two long positions in the fund: Novo Nordisk, driven by innovation in diabetes and obesity therapies, and Royal Unibrew, a Danish drinks company which announced a deal just this week, providing a platform for organic growth.What's covered in this episode: The dispersion between European marketsCharacteristics of a good long position in the portfolioThe investment case for Novo Nordisk: highlighting diabetes and obesityThe investment case for Royal UnibrewCharacteristics of the short positions in the fundWhat sectors are currently providing a good opportunity for shortingHow the fund factors in higher interest rates and inflation in stock selectionWhy investors should consider the fund in their portfolioMore about the fund: The BlackRock European Absolute Alpha fund has a fully flexible investment approach aiming to generate positive returns irrespective of market conditions. The fund's primary objectives are capital preservation and maintaining low levels of volatility. Instead of relying on complex derivatives, the fund employs a combination of long and short equity positions.Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.

City of London Investment Trust manager Job Curtis discusses the current state of the UK economy and provides a more optimistic perspective. While he believes inflation will eventually decline, it may take time to return to previous levels. Job discusses the global exposure of his holdings and the negative perception of the UK market on the global stage. He also reveals what he says is the “hidden secret of stock markets”. The interview finishes with Job highlighting the reliability of the trust to grow its dividends and how companies in the portfolio have managed rising inflation and interest rates.What's covered in this episode: Pessimism surrounding the UK economyHow wage, food and energy prices influence inflation Why the UK stock market is not the same as the UK economyHow UK equities offer investors potential growth The international exposure of the trustWhy the UK market continues to trade on a discountExamples of M&A activity in the portfolioThe importance of income in a portfolio, no matter your ageHow perceived inflation impacts marketsWhy the manager takes a cautious approachHow the trust is currently positionedThe sectors with the largest allocation todayMore about this fund: The City of London Investment Trust focuses on generating both income and capital growth through its investments primarily in larger UK companies that have international reach. For 56 consecutive years, it has consistently raised its dividend payment. The trust has a conservative approach, which has resulted in consistent and reliable returns over an extended period.Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.

Singapore-based manager Jochen Breuer talks us through the key objectives of the Fidelity Asian Dividend fund — and it's not just about producing an income. Jochen explains the types of companies held in this concentrated portfolio, why they tend to outperform in falling markets and the prospects for dividend growth in Asia. We consider two examples, firstly the technology sector through the lens of Samsung and secondly, the financial sector using Singapore Exchange as an illustrative as to why the manager favours non-bank financial companies. What's covered in this episode: The three targeted outcomes of this fund Why the Fidelity Asian Dividend fund tends to outperform in falling marketsThe types of companies held in the portfolioWhy technology can be both a cyclical and defensive The investment case for SamsungThe manager's preference for insurance companies over banksWhy you need to be selective about investing in banks in AsiaHow long-term holding Singapore Exchange could benefit from rising interest ratesHow the reopening of China impacts the portfolioThe prospects for dividend growth in Asia More about the fund: The Fidelity Asian Dividend fund consists of between 30-50 holdings and pays a decent yield of around 30-40% more than the wider market, offering the opportunity for capital and dividend growth. While the manager favours high quality companies, he will not invest in them at any price and this value-aware mindset, coupled with the yield target, gives the fund a value tilt. Learn more on fundcalibre.comPlease remember, we've been discussing individual companies to bring investing to life for you. It's not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre's research methodology and are the opinion of FundCalibre's research team only.

Today's episode is the second and last part of our series on recession-proofing your self-storage investments. In this installment, we'll cover the basics for an economic downturn and provide valuable tips to achieve your goals. Discover the top actions to keep your finances strong and be well-prepared to weather the storm of an impending recession.WHAT TO LISTEN FORVarious ways to generate cash for your business's futureWhy you should stress test your assets and entire portfolioThe importance of rightsizing your business Urgent advice for your long-term cash-flowing properties How to avoid mistakes during a recession and ensure your business' survivalRESOURCES/LINKS MENTIONEDQuickBooks®  Online: https://quickbooks.intuit.com/online/#Conference & Trade Show: https://www.selfstorageevents.org/ CONNECT WITH USWebsite: https://www.selfstorageinvesting.com/Facebook: https://www.facebook.com/selfstorageinvestingTwitter: https://twitter.com/SelfStorageGuyLinkedIn: https://www.linkedin.com/in/scottameyers/Youtube: https://www.youtube.com/user/SelfStorageInvestingInstagram: https://www.instagram.com/self_storage_investing/Subscribe so you never miss a NEW episode! Leave us an honest rating and review on Apple Podcast.

Investing is a way to grow your money over time, and secure your financial future. When you invest without a clear plan, you're more likely to make decisions based on emotions, rather than logic. You may be tempted to buy a stock because it's the latest hot trend or sell a stock because you're afraid of losing money. However, when you invest with a purpose, you have a plan in place that guides your investment decisions. And thus, you're less likely to make impulsive decisions that can lead to unnecessary financial losses.Investing with a purpose means having a clear understanding of your financial goals and investing accordingly. And it requires taking the time to evaluate your financial situation, your willingness, and capacity to take financial risk, and your overall objectives for the capital you plan to put to work. It is not about chasing the latest investment fad or trying to beat the market in the short term. Instead, it's about creating a plan and investing in a way that maximizes your chances of success.In this episode, Malcolm Ethridge sits down with Jessica Inskip, Director of Education and Product for OptionsPlay, to discuss the importance of investing with purpose, as well as the need to have a firm grasp of the basics prior to jumping into the more complex world of options trading. Jessica shares her unique insight into the different strategies investors can take to limit their risk when investing, as well as how to know when it's time to introduce more complex strategies into your investment mix.Jessica Inskip Discusses:How to know whether you're ready to trade optionsHow to use options to reduce the risk inherent in a portfolioThe various ways to incorporate options strategies into a portfolioThe risks of following finfluencers Connect with Jessica:LinkedIn: Jessica Inskip OptionsPlay Connect with Malcolm:The Tech Money Podcast LinkedIn: Malcolm EthridgeConnect with Malcolm @MalcolmOnMoneyAbout our Guest:Jessica joined the financial industry in 2009 and most recently accepted a position with OptionsPlay. She has held various positions within the brokerage industry across multiple firms, including roles specializing in strategy, product management, high frequency trading, complex options and derivative strategies, and the relationship management of high-net-worth affluent investors.

Want to become a real estate millionaire? You're in the right place. No matter how much money you're starting with, how much experience you have, or how many Seeing Greene episodes you've watched, it's ALWAYS possible to build wealth through real estate. But that's easy for someone like David Greene and Rob Abasolo to say, right? They've already made it big, with millions of dollars in cash-flowing income properties. But they didn't start like this.David and Rob have come together to ask themselves, “what would we do if it all came crashing down?” If both of them lost their entire real estate portfolios in one fell swoop, how would they build it back up? Today, we put these two real estate legends in the hot seat and give them the biggest nightmare scenario so they can show you exactly how to build a real estate portfolio from scratch, no matter where you're starting.David and Rob will also be given certain dollar amounts to use in rebuilding their portfolio. So, if you've only got a thousand bucks on you, David and Rob will show you exactly how to use it best to catapult your wealth forward so you can become a real estate millionaire. If 2023 is going to be YOUR year to get started, get going, and get one step closer to financial freedom, we'd suggest following David and Rob's plan!In This Episode We Cover:The biggest challenges real estate investors face today (and how to solve them)Raising private capital, real estate syndications, and how to use other people's money to build wealthMistakes to avoid when building (or starting) your real estate portfolioThe four steps to take when rebuilding a real estate portfolio and why building your network is so crucialRental arbitrage and why it's a great no money down strategy for cash flowHouse hacking and the low down payment loans you can use to buy properties for cheapBoosting your brand, creating content, and how to build a reputation in real estateAnd So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid's YouTube ChannelRob's BiggerPockets ProfileRob's YouTubeRob's InstagramRob's TikTokRob's TwitterListen to Part 16 Mistakes to AvoidHow to Make 100% Passive IncomeHow to Build a Real Estate Portfolio from SCRATCH in 2023The Ultimate Guide to Airbnb Rental ArbitrageHow to Become a Real Estate Millionaire (NO Experience Necessary)Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-706Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Finding financial freedom is hard enough, but doing so right after going through a toxic divorce can seem almost impossible. All of a sudden, you've gone from a two-income household to just one, your children are now your sole responsibility, and you've got to almost financially start over. Finding financial independence after events like this would be awe-inspiring—so imagine you did it all in just two years. Sarah King did just that, with thirteen units under her belt since buying her house hack property in 2020.Sarah worked hard to put herself in a strong financial position. She was a debt-free disciple who paid off six figures in debt. Then, she focused on her savings, minimizing her expenses and increasing her income as much as she possibly could. But then, when everything started to feel stable, she uncovered something that would unravel her marriage. She went from financially stable to undoubtedly anxious in a matter of days. But it's what she did next that was incredible.Knowing she had to do whatever she could to take care of her daughter, Sarah went on rental property shopping spree. She built the portfolio she knew her family needed, and now just two years later, she's enjoying the fruits of her non-stop labor. But how did she get the money for the deals? What strategy allowed her to cash flow so much in such a short amount of time? If you want to do what Sarah did, you'll have to tune into this episode.In This Episode We Cover:How to achieve financial independence through real estate in less time than you thinkHouse hacking and why it's arguably the best way to start investing Why being scared of debt is a downside when trying to build a rental property portfolioThe medium-term rental strategy and using it to get better cash flow on smaller unitsPrivate money lending and how to raise private capital from those who know and trust youHiring, outsourcing, delegating, and how to free up much more time in your lifeThe phenomenal funnels that will bring you the best tenants, deals, and more money!And So Much More!Links from the ShowFind an Investor-Friendly Real Estate AgentBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastBiggerPockets MerchListen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramDavid's YouTube ChannelRob's BiggerPockets ProfileRob's YouTubeRob's InstagramRob's TikTokRob's TwitterDivorced and $250K in Debt to Financially Free in 10 YearsBooks Mentioned in the ShowSet for Life by Scott Trench30-Day Stay by Sarah Weaver & Zeona McIntyreRaising Private Capital by Matt FairclothSimple Path to Wealth by JL CollinsRich Dad Poor Dad by Robert KiyosakiConnect with Sarah:Sarah's InstagramSarah's WebsiteClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-698Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Short-term rental arbitrage seems like an elusive concept. As a real estate investor, it can be a little hard to wrap your head around it. You lease a property, rent it out, and then…profit? That's right! Without buying a rental property, dealing with maintenance or large-scale repairs, you too can make just as much money (if not more) than the landlord down the street without ever owning the property in the first place. It sounds like a dream, but in reality, you'll need an airtight system and team to make it work.Thankfully, Jeff Iloulian has all that and more. Before 2014, Jeff was living as a lucrative lawyer, billing high by-the-minute rates and making money every second he worked. This was during the “wild west” of short-term rental investing, where mom-and-pop owned vacation rentals were starting to become a serious way to make passive income. Jeff initiated his portfolio with just one “lease arbitrage” unit and eventually ballooned his empire up to 150 rentals!Now, Jeff does more than just run his short-term rental portfolio. He runs the buying group HostGPO, helping link up short-term rental operators with vendors who can provide better, time-tested, industry-specific products. Not only that, Jeff manages numerous other vacation rentals, so he knows everything from furnishing to cleaning, check-out procedures, and more. He gives a furniture and furnishing masterclass in the second half of this interview where many of his tips could save you thousands over the lifetime of just one rental unit.In This Episode We Cover:Rental arbitrage and how any investor (no matter their budget) can use it to make passive incomeBreaking out of the “not enough time” matrix to start investing on a busy scheduleFurnishing your short-term rental and why IKEA may not be the best bet for bed sheetsBuilding your short-term rental dream team and how to manage a large-scale portfolioThe mega-niche investing opportunity of renting soon-to-be destroyed homes Leaving a lucrative career to invest in real estate and why it's almost always worth itAnd So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastGet Your Ticket for BPCon 2022Listen to All Your Favorite BiggerPockets Podcasts in One PlaceLearn About Real Estate, The Housing Market, and Money Management with The BiggerPockets PodcastsGet More Deals Done with The BiggerPockets Investing ToolsFind a BiggerPockets Real Estate Meetup in Your AreaDavid's BiggerPockets ProfileDavid's InstagramRob's BiggerPockets ProfileRob's YoutubeRob's InstagramRob's TikTokRob's TwitterAirbnb Rental Arbitrage—The Ultimate GuideThe Ultimate Guide to Short-Term Rental PropertiesCreative Ways to Furnish Your Short-Term Rentals on a BudgetHow to Build Your Dream Short-Term Rental TeamGet Exclusive Short-Term Rental Investor Discounts with HostGPOBooks Mentioned in the Show:Buy, Rehab, Rent, Refinance, Repeat by David GreeneShort-Term Rental, Long-Term Wealth by Avery CarlConnect with Jeff:Jeff's WebsiteClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-665Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode I will talk about your most important sales tool.. Your portfolio.You will learn how to build a portfolio that showcases your range and creativity and how to use your portfolio to to target specific clients . You will learn the advantages of having both a digital and print portfolio.I will reveal goals you should set when planning your portfolio as well as best practices that will help you develop your sales skills and keep you at the top of your game. You will also learn about how your portfolio is the cornerstone of you brand identity, Important informationThank you for tuning in today. I hope you will download the podcast and the show notes, and that you will subscribe where ever you get you rpodcast.All all are welcome here and I invite you to join the ever growing number of shutterbugs over on the website SIGN UP HERE for the Going Pro blog and joining the Facebook group where you can become a part of the conversation.If you have a questionUse the as a question link here or on the website to ask a relevant question . I will answer all questions submitted In the blog . I will select the best questions to answer on the podcast. So if you have a question you would like me to answer. ASK QUESTION HERE.In the next Episode You Will Learn:The importance of creating a personal brandThe elements of a brand. How to build your brandWe will also begin to explore the different platforms available to build your portfolioThe range of options you have to choose fromThe advantages of eachWhich options are designed for which specalties. You will receive links to free resources to helpp you get started. 

Please subscribe to our youtube page to get notices on all new podcasts as well helping us grow our audience. https://www.youtube.com/c/NewClevelandRadioOn June 2nd, the Queen (Elizabeth) will celebrate her 70th anniversary of her coronation. She is the first British Monarch to celebrate a Platinum Jubilee.The Queen also turned 96 years old last month (April 21st).Thomas and the Society he founded, The British Monarchists Society, had commissioned a two-track album, EIIR: The Platinum Record, a Jubilee Anthem, that was released on the Queen's 96th Birthday (on 4/21/22), honoring Her Majesty and her unprecedented 70 year reign.Tune in and share this conversation - check out the conversation from 2020 as well https://www.spreaker.com/user/10697139/thomas-mace-archer-mills-talks-the-advenMore info on Thomas - and we will be hosting him again soon to learn so much moreCheck out his books https://www.tmacearchermills.com/portfolioThe two-track album can be streamed on your favorite platform 6/2/22

In this week's episode, Kevin interviews retired Navy EOD Senior and a member of US VetWealth, Trevor Maxwell. Trevor talks about how he got into Financial Services and the importance of a diversified portfolio in Real Estate."When your resources are limited you have to be as efficient as possible. It's easy for people with a ton of resources to go out and do whatever - but when you're getting started off, that's really a good lesson in frugality and learning how to do more with less."-Trevor MaxwellHere are 5 Key Takeaways from this episode:How Trevor got into Financial ServicesThinking emotionally can create bad decisionsDon't be afraid to walk awayThe significance of having a diversified portfolioThe first step in changing one's financial situationHonorable Mentions & Useful LinksWealth Beyond Wall StreetHBR (Harvard Business Review) Guide to Getting The Right Work DoneConnect with Trevor MaxwellLinkedInWebsiteEmail: trevor@usvetwealth.comPhone: +1 757-493-1131Ready to take the next steps in your Military Real Estate Investing journey? Watch our Masterclass and claim your EPIC reward for action. Tap here to register today!Are you looking for a loan for your next project? Look no further! Check out ADPI Financial Services for all of your residential and commercial lending needs!No Time...No Worries! Get all the info you need now by texting DEAL to 33777Helpful ResourcesConnect with the ADPI: Facebook |  Instagram | YouTubeReady to TAKE ACTION and begin building your cash-flowing real estate empire? Don't go it alone! Check out our exclusive education and coaching products designed for self-starters like the Military Real Estate Investing Academy Support the show

Guest: Sarah LarbiHow do they do it? Most of what you see is the tip of the iceberg in someones real estate investing journey.  Sarah takes you below the surface and shares how in just a few years, she has gone from not knowing anything about Real Estate Investing to becoming one of the most inspirational success stories. With focus, grit, and determination she's gone from her first project, to numerous BRRRR (Buy, Renovate, Rent, Refinance, Repeat) for single and duplex income properties, short and medium-term rentals, building townhomes (that sold out in six minutes), and now building an exclusive upscale lakeside resort. Through her Real Estate Investing, Sarah was able to retire from her 9-5 career after seven years. Here, she shares her story and the fundamentals that have allowed her to scale as quickly as she has. In this episode you will learn about: Insights and fundamentals of how to expand and scale your portfolioThe importance of, and what to look for, when building the right teamDue diligence in choosing a property and pitfalls to avoidDifferent options are available for financing a larger projectGrassroots of ZoningThe steps needed to take you from vision to welcoming your first guests - and beyondInspire Beach Resort - a unique resort experience Get in touch with Sarah Larbi:Website:  https://sarahlarbi.com/Email:  sarah@sarahlarbi.com Sarah, one of The REITE Club co-founders, is a speaker, coach, and mentor as well as host of two top-ranking Canadian Real Estate Investing podcasts (Where Should I Invest? And our very own The REITE Club Podcast). Sarah's results-oriented approach has been featured in The Globe & Mail, Toronto Star, Canadian Real Estate Wealth magazine, and 1010 News Talk Radio and is a co-host on the weekly television show, Everyday Investor.  This episode has been brought to you in part byInspire Resort Retreat  - https://liverealfactory.com/event/have-your-cake-and-eat-it-too-retreat/Elevation Realty - http://www.elevationrealty.ca/BM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com

Full-time Real Estate Investor Axel Monsaingeon provides insight into the intricacies of real estate investing in Montreal and how he not only found his real estate investing niche but has been scaling rapidly in a challenging market.  Taking you behind the scenes, Axel shares his mindset, habits, methods, and lessons on how he's built his portfolio - and one of the secrets to building a successful team. Guest: Axel Monsaingeon In this episode you will learn about: Finding opportunities and deals in today's competitive marketYou've 'found a deal' - but is it really?  What factors make a real estate investment successfulAdjusting your structure when scaling your portfolioThe nuances of developing your team to support your operations and for long-term successThe process of buying in Montreal - how does it differ from other provincesThe importance of your Mindset in terms of daily tasks Get in touch with Axel Monsaingeon:Website:  https://www.realestateeffect.caEmail:  axel@realestateeffect.ca Axel is the host of the "The Very Real Estate Effect" Podcast focused on real estate investing in Quebec. Along the way to real estate investing, this strong operations professional wove his corporate career through various industries ranging from consumer products to manufacturing honing his negotiation and analytical skills. These skills, along with operations management, have proven invaluable to his real estate investing success.   This episode has been brought to you in part byPrivate Money 4 Mortgages - https://privatemoney4mortgages.comBlack Jack Contracting - https://blackjackcontractinginc.caBM Select - https://bmselect.ca The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com

Sometimes one decision can completely change the trajectory of your life! That's what happened to Natalia Cardona Puerta when she decided to follow her dreams of being an illustrator and uproot her life in Colombia.In this episode, I chat with Colombian illustrator Natalia Cardona Puerta who creates colorful and playful illustrations inspired by her ‘90s upbringing, her love for the outdoors, and her innermost feelings.Natalia “never in a million years” expected to leave Colombia, but after graduating with a Bachelor's degree in Industrial Design she took a break and realized she wanted to reconnect with her creative voice. Eventually, her mom encouraged her to pursue a Master's degree and it all happened very quickly from there. One thing lead to the next and she was on a one-way flight to Georgia to pursue a Master's degree in Illustration at the Savannah College of Art and Design.Nowadays, Natalia is going through the permanent residency process here in the U.S. to be able to live and work here long term. The legal process has been slow and frustrating. She feels it slowed down her post-grad momentum but she is taking this time to ”plant a lot of seeds” that are sure to blossom in the future.Tune into this episode to hear Natalia and I talk about growing up in Bogota, why she decided to immigrate to the U.S., and how she developed her illustration style after graduating.Listen to the episode on Apple Podcasts, Spotify, Amazon Music, Stitcher, iHeartRadio, or on your favorite podcast platform.EPISODE LINKS:Listener Survey: Take the survey to help me improve Season 2!Guest Links: Check out Natalia's Instagram and Portfolio.Host Links: Check out Fabiola Lara on Instagram, YouTube, and TikTok. Topics Covered:Living a sheltered life in turbulent Bogota in the early 90sRejecting a fine art career path for an undergraduate degree in Industrial DesignPursuing a Master's in Illustration at SCAD after learning about the program a few week priorThe difficulties of being an artist in the US pursuing a Permanent Resident Card (greencard)The impacts of not being able to work in the US as an artistThe pros and cons of receiving an art school educationHer current creative routine after graduatingFinding a better work-life balance after graduationDeveloping her personal illustration style and tailoring her portfolioThe feeling of languishing during slow creative seasonsWorking with an illustration agent for editorial and publishing projectsCompleting a large-scale mural for a dream clientWorking with The Washington Post on an editorial illustration

Points To Listen For!Guesting and how to find a blog to post toAn opportunity you might want to think about to build a portfolioThe importance of learning the basics of SEOKey points for SEO writing from JanineUsing a few websites to help build your trustworthiness and thought leadershipTalking about backlinksTips to keep moving as a writer About Helen RyanHelen was a freelance health and fitness writer for many years. She was also a health/wellness columnist. For a billion years she's been a creative director, and a fitness pro for almost as long—often at the same time. She lost over 80 pounds naturally 16 years ago and wrote the book, “21 Days to Change Your Body (and Your Life)” to help people lose weight while still eating cake.She's the creator of the coached walk/podcast “Walking & Talking with Helen.” She helps people move their bodies while firing up their motivation. Every step counts.She also helps entrepreneurs grow their businesses using ethical marketing techniques and tech shortcuts so they can save time and focus on their passion.Reignite Inc. – the nonprofit she founded – aims to help women gain skills to re-enter the workforce. Without modern skills, many women get left behind and cannot find jobs to provide for their families.In her “off time” she teaches Spinning, photograph bands at concerts, volunteer, and travel.Three Ways To Get Your Writing Noticed1. Guest post in as many blogs as you can 2. Start your own blog to find your voice. 3. Create credibility for yourself like in the media.Resource tip: HARO you can help find out what people are looking for.Her favorite book: Atomic Habits by James ClearListen to Helen's podcast, Walking and Talking with Helen – a walking podcast to get people moving a few minutes a day. She also talks about healthy lifestyle, mental health, and building confidence.Some of her favorite podcasts:Marketing Made Easy Podcast hosted by Amy PorterfieldReal Unicorns Don't Wear Pants hosted by Nichole BarkerHow to Fail podcast hosted by Elizabeth Day You may also join Helen's Facebook Group, the Imperfectly Healthy is Your Superpower!RESOURCES MENTIONED: Askthepublic.comHelp a reporter outUbersuggestOvercastDon't forget to sign up for my free training >> https://www.savvynursewritertraining.com/webinar-4misconceptionsListen on ANY platformFollow the PodcastFollow Savvynursewriter on Instagram Follow Savvynursewriter on FacebookSupport the show (http://www.thesavvyscribepodcast.com)

Welcome episode 600 of the BiggerPockets Real Estate Podcast! Whether you're a first-time listener or a David Greene addict, we're happy to have you here. In today's episode of Seeing Greene, David takes questions from some of the biggest names in the real estate investing space, including fan favorites like Ed Mylett, David Osborn, and even…Brandon Turner (he's back!)While this show features some high-level investors, the questions still apply to everyday investors. David answers questions ranging from how to find work-life balance, what to do to get your offer accepted in today's hot market, how to balance skill with ambition, and where to start when hiring employees for your real estate investing business. Even if you've yet to buy your first rental property, advice like this could slingshot your wealth-building journey farther than you knew you could go!Thanks again to all our celebrity guests for sending in their questions! Heard a question that resonated with you? Want to hear David's thoughts on a certain topic? If so, submit your question here so David can answer it on the next episode of Seeing Greene. Hop on the BiggerPockets forums and ask other investors their take, or follow David on Instagram to see when he's going live so you can hop on a live Q&A with the man himself.In This Episode We Cover:How to start (and stay) performing at your best so you can accomplish your goalsWhat the David Greene team is doing to win bidding wars in today's hot housing marketThe best metric to look at when deciding whether or not to buy a propertyHow to maintain work-life balance when working, running your business, and investingTips for hiring employees that can help you build your real estate portfolioThe three biggest leadership tips when running a team (or teams!)David's dream Chipotle order and how to ensure your burrito isn't soggyAnd So Much More!Links from the ShowBiggerPockets Youtube ChannelBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets BookstoreBiggerPockets BootcampsBiggerPockets PodcastSubmit Your Questions to David GreeneWhat Michael Jordan and Kobe Taught Tim Grover about “Winning”Investing and Landing Great Deals at Auctions with David Osborn and Aaron AmuchasteguiFrom “D-Student” to $400,000 in Annual Rental Property Cash Flow with David OsbornGobundanceYou Get Your Standards, Not Your Goals: Ed Mylett on Success, Faith, and Building $100M+ Businesses40 Doors in the First 2 Years with Henry WashingtonTurning $5K Into $5K/Month and Retiring at 40 with Tim RhodeBiggerPockets Podcast 320: Hands-On BRRRR Investing and DIY Secrets with Instagram Star Brittany ArnasonThe 7 Tips @investorgirlbritt Used to Go from Amateur to Pro InvestorBig Goals? Here's How to Get Your Spouse or Partner on Board with Jay and Wendy PapasanBecoming a Millionaire Real Estate Investor Using The One Thing with Jay PapasanBiggerPockets Podcast 585: Seeing Greene: Boosting Your Appraisal, Backward BRRRRs, & Capital Raising RisksBiggerPockets Podcast 588: Seeing Greene: Climate Change, ADU Dilemmas, & Retiring with RentalsBiggerPockets Podcast 591: Seeing Greene: The Cash Flow Market “Mirage” That Traps New InvestorsDavid Greene MeetupsDavid Greene TeamClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-600See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Episode Guest: Jeri Sedlar, author and speakerEpisode Description: Retirement used to mean the end of work, a secure self-identity, a life of leisure, and the inevitable onset of old age. Retirement expert Jeri Sedlar will present a new retirement model - rewirement - and discuss the 5 step rewiring process from her highly acclaimed book, Don't Retire, REWIRE! Working with pre-and post-retirees, Sedlar discovered the pain, pleasure, pitfalls, and possibilities associated with planning and living in retirement, plus the lifelines needed for continuous engagement throughout life. In this episode, you'll discover:How to identify your drivers or personal motivators and how they impact your futureThe dynamics of creating a rewired life portfolioThe health benefits of rewiring About Jeri Sedlar:Jeri Sedlar is an internationally recognized author, speaker, and lecturer on the topic of retirement. She is the co-author of the highly acclaimed book, DON'T RETIRE, REWIRE! 5 Steps To Fulfilling Work That Fuels Your Passion, Suits Your Personality and Fills Your Pocket, and ON TARGET: Enhance Your Life and Ensure Your Success. For more than 20 years, Jeri has been actively researching individuals and organizations on the pleasure, pain, and possibilities associated with an aging society. Her findings led to the creation of the five-step Rewiring process, which focuses on finding new purpose, new passions, new play, and new work possibilities that promote healthy, fun, and fulfilling futures. She believes that life planning in conjunction with financial planning allows individuals to leverage their personal and professional assets to the fullest. She has emerged as one of the country's leading thought - leaders on "the new way to do retirement," or as she calls it, "Rewirement."Jeri has served as Senior Advisor to The Conference Board on the Mature Workforce and as a Judge for the AARP Best Employers Award for Workers 50+. She was a Delegate to the White House Conference on Aging and is currently on the AARP Executive Council of New York.  Her passion is the non-profit sector and its related challenges, and she serves on many boards. A graduate of Michigan State, she resides in New York City with her husband. Get in touch with Jeri Sedlar:Jeri's website: https://dontretirerewire.com/ Purchase Jeri's Book, Don't Retire, REWIRE!, 5 Steps to Fulfilling Work That Fuels Your Passion, Suits Your Personality: https://revolutionizeretirement.com/dontretire Grab our free guide, 10 Key Issues to Consider as You Explore Your Retirement Transition, at https://10keyretirementissues.com/

No money down real estate investing usually sounds too good to be true. It seems almost impractical that someone without much experience, money, or property can secure cash-flowing rentals without putting a dollar into the deal. Even more astounding, today's guest Andre Haynes was paid a few thousand dollars to buy his first rental property. He shares his exact steps on how he did it on today's show!While investing in real estate with no money down can seem like an advanced concept, Andre wasn't some cash-flowing wizard from the start. If anything, Andre's upbringing may have brought some hurdles to the financial side of his life. He had no credit, no cash, was faced with eviction notices, and generally was falling behind financially as a parent. He had to take a hard look at his life, redefine his goals, and reevaluate his choices. From there, it was a hard, yet incredibly valuable, climb upwards.Now, only a short time later, Andre has built a real estate portfolio worth over a million dollars. He has numerous cash-flowing assets that pay for his liabilities and has started to educate others about how they can do the same. He defines this easily repeatable process on today's show but doesn't gloss over the fact that the only thing stopping you from obtaining the wealth you desire, is yourself.In This Episode We Cover:How to invest when you come from an upbringing that lacks financial literacy Giving up on your “dream” so you can pursue something much greaterAndre's 5-steps to get your life together and how you can start using them todayPracticing delayed gratification and how simple sacrifices pay off big in the long runThe zero down loan program that Andre used to build his real estate portfolioThe importance of becoming a real estate investor before you buy your first propertyAnd So Much More!Links from the Show:BiggerPockets ForumsBiggerPockets PodcastBiggerPockets Agent FinderBPCON 2022NACA (Neighborhood Assistance Corporation of America)MLS (Multiple Listing Service)Realtor.comZillowRich Dad Poor Dad seminarAirbnbVrboTuroPeerspaceThe Landlord Life YouTube seriesLandlord Life Season 3 Episode 2 with Henry WashingtonMindset Matter Merch (No books here)Henry Washington's InstagramBrian Donnelly's KAWSConnect with Andre:Andre's InstagramAndre's Business WebsiteThe Landlord Life YouTube seriesCheck the full show notes here: https://www.biggerpockets.com/blog/real-estate-590See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The local market was buoyant all day, with a jump in the iron ore price pushing the resource sector to a new record high. Blue chips Rio, Fortescue and BHP all closed up between 2-4.5%. After the relentless rally in financials, investors cooled on the idea and took some profits. Harvey Norman closed down 6% as it went ex-dividend. Block, Xero and Zip all finished around 3-5% lower as tech was once again out of favour. As quarter-end bites on March 31, the red sell button loomed. The S&P/ASX200 lost its winning streak and closed down 15 points - a hint under 7500. However, March added 6.4%, the biggest monthly gain in 16 months.Our top three VODs:Three stocks to not get cornered withSafeguard sector plays for your portfolioThe investors shopping list in this economic backdrop See acast.com/privacy for privacy and opt-out information.

Should you invest in multiple real estate markets? How can real estate investors lower their tax burden? And, how do you handle all the pressure and stress that comes with success? These are just a few of the questions that live listeners asked top real estate agent, investor, and BiggerPockets Podcast host, David Greene. As per usual, David uses this coaching call as a way to answer questions from rookies and experienced investors, without any preparation.You'll get to hear firsthand how David answers questions like how to find your real estate tax expert, should you focus on one market or expand into multiple, what are the best real estate books to develop an “investor mindset”, and how do 1099 workers find financing? Regardless of the stage of real estate investing you're in, all of these questions can help you develop your investing muscle so you can crush bigger deals and keep more of your hard-earned profit.Have you heard of a real estate investing topic that you want David to go into more detail about? Is there a specific question you want answered by an industry expert? If so, be sure to follow David on Instagram (@davidgreene24) to see whenever he goes live for a Q&A session. Or record your question and submit it here!In This Episode We Cover:Accelerated depreciation and using it to substantially lower your tax billFinding a real-estate specific CPA that allows you to do more with your current portfolioThe pros and cons of investing in different markets and the strategies for eachDeveloping your investor mindset and having the courage to act when opportunities present themselvesDealing with the pressure and stress that comes with investing and leading teamsHow to finance real estate investments without having W2 incomeAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets CalculatorsSubmit your Question for an upcoming Seeing Greene episode!Biggerpockets Pro MembershipDavid Greene's Real Estate TeamBiggerPockets Ask your Questions LiveBiggerPockets PodcastBiggerpockets Youtube ChannelBrandon's BiggerPockets ProfileThe Dark Knight RisesBiggerPockets Money PodcastBlackstoneZillowDavid's One BrokerageBiggerPockets Real Estate Podcast on iTunesCheck the full show notes here: https://biggerpockets.com/show577See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In today's episode of The Long Run Show, Michael and Austin talk about insurance.How people think about and approach insurance.which insurance life, health, auto, electronic device insuranc edo you actually need?Using Options to insure the investment portfolioThe origin of insurance? How did insurance companies come about? Hosted By:Austin WillsonMichael O'ConnorUnedited TranscriptHello and welcome back to another episode of the long run show. This is your co-host Austin Wilson and Michael O'Connor. And I have to say right off the bat, I don't know if anyone else has noticed, but we've got a snazzy new intro outro combo.Big shout out to Nick Thomas. One of our lovely British writers on our TV, that the good graces to provide a little color commentary at the beginning. And I just love it. What are your thoughts, Austin? Oh, I love it too. I feel like we're at the BBC every time we every time we do the show, it's just a, it's just a grand old time.And also shout out to our amazing producer, Asli. She did a great job putting that together and coordinating everything so that we sound good and we look good. You can't see us, but we look good anyways. Today we are going to talk about and hopefully do an interesting. And compelling job talking about one of the most boring topics ever, which is insurance.Okay.  We thought this was actually a great fit for our podcast because this show's all about the long run. And there's nothing more long run than insurance. Insurance is all about risk mitigation. And you're talking about some, sometimes decades, long risk mitigation, some of the risks that are a hundred percent going to happen, like your death, or sometimes it's risks that may not happen like flood insurance for your house.So we're going to cover all of that today. Maybe even get into what might be dubbed insurance for your portfolios, with the options. We went, talk about that as well. But right off the bat, Mike, do you want to say something real quick and then we'll hop into the different types of insurance and kind of lay some groundwork.Yeah, I think this will be a fun one because this is one where you definitely have. The more optimistic view on the subject matter, which is a little flipped, I think, compared to some of our previous apps I'm a big game theory guy. And 90% of the time insurance is a bad bet for the insurer  it's if they weren't gonna make money off of it, why would they be offering it?So it's a really unique value prop where you have to, at least in my opinion, you have to have psycho economic benefits that outweigh. The cost, which I think is a hundred percent there and life insurance, or fire insurance for your house, car insurance, stuff like that, where it would be just absolutely awful to have something happen to not have insurance. But I dunno stuff like electronics, insurance, appliances, stuff like that. It's really hard to make a compelling value prop in my opinion, but I am excited to dive in and yeah so I think you're, you might be right on the surface. We may have some different. Or flip-flopped I guess opinions here usually I, you can go back and listen to other episodes.I'm usually very pessimistic when it comes to things or at least at the very least cynical or noxious.  Yeah. So this is right up my alley. Now I think it would be important to just define some of the different things. So we usually, when people think of insurance, they think of like auto insurance that's the first thing they think of something you're required to have by the government. It's just there it's a necessary. Yeah, I guess evil is some people might I've. I have been in a couple accidents. I will tell you it's pretty nice having having auto insurance. Even though we are required to have it to drive  in the U S at least. So that's probably the first thing people think about insurance. W when the topic comes up auto insurance. Okay, cool. There's a lot of other ones out there's renters or home insurance. People are very familiar with that. Then of course, you've got the life insurance side of things, which is it's whole other beast. It's its own monster in and of itself. You've got people saying, oh, it's an investment. Oh, it's a, it's an insurance product. Oh, it's this. So it's that I can do 10 different things at one time.  That's a wild world. And then you have the other insurances, like. Where it's insurance for like electronics. Like I've been tried platforms, try to upsell me every time I buy an electronic, whether it's through best buy or Amazon or eBay, they're always like, oh, you want to ensure this electronic device?And I'm like, oh no, thank you. I don't really want to and Midwestern insurance selection  I think they know their customer. I'm pretty sure they they've got my IP address and have geo-fenced me in with a different. Voiceover anyways, I digress. So you've got those like device or appliance based insurances which never I never get them.I'm not that cautious, so I've never gotten them. And of course you've got health insurance, which we, that is such a big topic in and of itself that  we can touch on it, but we're not nearly going to scratch the surface on that today. So those are the main consumer insurances.Now there's really funky things that happen in the insurance world. So there's actually a subset of insurance companies for insurance companies, which is wild. There are insurers for the insurers. So they're insuring the risk that the insurers take on. I know that sounds very meta and ridiculous, but it is a thing because insurance companies, if they don't pay.On a legitimate claim of some sort of, whether it's let's say a death claim for life insurance or some sort of health, insurance claim or  house insurance claim, if they don't pay out on it that really ruins their reputation. Most of insurance is about trusting the company that you're with. Because you're  there's a higher level of trust because it's an ongoing transaction. You're paying premiums usually monthly or yearly for the insurance on whatever it is. And that's different than. Then a one-time buy or even a subscription product where you're getting a magazine monthly or an email monthly it's very different.It's intangible. And a lot of the value is based on trust. So there's that subset, which is other part of the insurance world. And then of course there's really interesting things like life insurance companies do really interesting things with their portfolios where they will use options to basically ensure or guarantee a return on a portion of your dollars  put into the premium dollars, put into the policy.They'll guarantee a portion of that. So there's lots of moving parts within the insurance world, but that's the main breakdown did I miss anything there?   I always enjoy the origin story of insurance. When the the east India and Western Nia trading companies and the, all the big shipping companies were dominant any smaller player, they could maybe afford one or two big trading vessels a big sailboat sailing ship.And if it's sunk in a storm or got looted by pirates or something, the company would just go bankrupt, you'd be completely hosed. And so the very first insurance companies were for merchant vessels and to ensure, so if you get sunk by a storm, everyone doesn't immediately lose all of their livelihoods and go bankrupt, which I think is it's so wild.And that's where Vanguard's logo comes from  the ship with the so the, at least I believe that's originally their story behind the logo. These, I think it's a fascinating thing where you have the, this idea of a cataclysmic event. It's such insurance is such a human thing.And I mean that in like only, it's such a unique Like all of the idiosyncrasies and funky heuristics of humanity just seem to come out and insurance, like it's such a unique and just I honestly think it's fun to talk about even how boring most people think it is. It's like the psychology and the ramifications of every layer of insurance are just so interesting to me, at least. Yeah. Yeah. And it's, and I've seen  I, in a past life was a financial advisor for awhile and that sometimes involved insurance and there were more there were advisors in where I worked that were, we're selling more insurance than others.  Some didn't do hardly any, or they found it out to a different advisor or something, but I've been in meetings.Talking to clients  watching advisors present to clients and it is always the insurance conversation is all of money is emotional, but the insurance conversation is more emotional than pretty much any other part of the whole financial planning or financial advising kind of conversation. And so it's really interesting that you bring that up because it definitely is a human thing. Like only us humans can abstract enough to think into the future to go, oh, that might be a horrible situation. Can I get away from that somehow? Or can I like lessen that future potential blow to my, whatever.Appliance or life at legacy  w can I lessen that we have we have a ridiculous ability to abstract and think into the future. And so it is interesting. You bring that up because  the conversations that I've seen just on a personal level and on a human level are always very emotional.So that kinda makes sense. It's just about the most long run topic we could even talk about  in terms of human long we could talk about the heat death of the universe if we wanted to but in terms of the long run show, being about people and finances and everything, and I think it's just about the epitome of long run than we could talk about, because it requires in order to even perceive a benefit, you have to take a very long.Look at things and imagine your future self reacting to things you can't imagine your current state engaging or losing something you have to step out of and have empathy for your future self, which is extremely interesting. Yeah, it is. It is very interesting. The different topics here are the different pieces of insurance.I laid out what let's go through those because you have an interesting view here. You said you don't think insurance is worth it 90% of the time. So I guess first explain yourself and then second let's walk through those different pieces of insurance and see which you think might be worth it or not worth it. Cause it sounds like there might be different kind of arguments with each one. So go ahead and explain yourself, Mike. Yeah. That's I think the best way I can explain it is with an analogy to blackjack if you ever played blackjack, there is this almost always. I've never seen a game where they don't have it, but there's always a bar with just as insurance.And so that's, if the dealer is showing a, an ACE or a 10 card you can buy insurance. And if they get a blackjack, you get a payout from that. So it's a way to bet on the dealer having a blackjack. So you're instantly gonna lose. So it's this kind of psychological benefit to, to it's oh shoot, he's got a blackjack. I gotta make some money off this or not lose all my money. And it's the probability is always, it's never in favor of taking the insurance near all. You're always significantly better off by not taking insurance. And that's a, just how insurance works and the broad scheme of things.Because if you think about it, no, no insurance company could be in business. If it didn't work that way the B there'd be no way to, if everyone was crashing in their cars all the time, insurance companies wouldn't exist because he couldn't, or the premiums would be so incredibly high that only only a very small segment of people could afford it.So you have to. And this isn't necessarily a bad thing. So it's, I think a qualifier to my statement of I think most, most possible uses of insurance out, there are not a net benefit for you. Like it's not necessarily, it doesn't necessarily make sense economically to engage in it.So like a classic, like appliances phones a lot of stuff that computers, a lot of stuff, and that stuff has come out more recently that more and more companies are pushing that because at least from my perspective is because okay, you can make a lot of money charging premiums. When, whenever anyone buys an iPhone, just charge them three bucks a month or 10 bucks a month, whatever, it doesn't seem like much. But the probability of them breaking that over the course of the plan without it's very low comparatively. So you can make a lot of money with insurance because you're playing on that loss aversion  those kind of natural human tendencies.And on the other side you have the really big stuff like life insurance, home insurance car insurance, where the effects  if you run into a situation that you would utilize it, the effects of not having it or are very high and the health insurance is a great example.And that's something that very can be a very political discussion, can be all over the board in regards to how health insurance works in the United States versus other places and everything. But I think just to sum it up very briefly is it's a very interesting scenario where  it's another situation.Where things can go very wrong. And in the, I think the psycho economic benefit, so the kind of deep understanding of value in the human brain that's outside of dollar signs or anything like that kind of understands the value in those kinds of insurances. And I think that is significant and not necessarily to be disregarded.So I, I definitely, I've definitely met people who say never do any kind of insurance because of just the probabilities, like never, ever do anything insurance, like you just, if you're gonna do life insurance, just save the premium instead and then give it to your kids or something like that.So there is some very, there's some very interesting takes out there that are like, oh, never do any insurance, which if you're purely looking at the statistics, like sure, like purely looking at it or probabilistic way, but at the same time, it's I think that there's real value in that that the psychological side.  Okay. I'm just confused by the guy who said don't ever buy insurance ever. And because I'm like if anyways, the probability of that person who's told you that dying is a hundred percent. So he's looking at this, that's beside the point. We don't need to argue with an imaginary person. Who's not part of this podcast okay.So it seems like what you're saying is insurance, for things that can be pretty easily replaced and, or things where you you're not going to get rid of car insurance. You're required to have it by most states laws. In at least in the U S here. So you're saying like, okay, barring anything that you're required to have or anything that would be. Easy to replace, then you can look at getting insurance and then it's really just a cost benefit from a  emotional perspective.  Is that what you're saying? Pretty much is a good way to sum it up. I would say so, because the same thing with I just recently I traveled pretty routinely.I never, ever booked travel insurance. I never had before, but then I just recently did purchase travel insurance for a big trip coming up just because I was like the cost benefit of. Okay. If this gets canceled and you gotta you can take risk into account. There's always the risk of COVID lockdowns or flights being canceled, et cetera.So it depends on  the full scenario of risk as well. So that was the first time I've ever bought travel insurance and never buy like a U haul insurance when moving or renting any objects or anything like that. And so I think what you said is pretty spot on because it's the you have to have kind of an internal conversation and say, do I actually consider this worth the extra?And I think one of the, one of the really important ways that insurance can masquerade itself as this, just like a no brainer kind of thing, even on small products like that is because if you're looking at a phone, like if you're getting a new eight, $900 iPhone and they say, look, you can just add on insurance on this full coverage for 10, 15 bucks a month.Something like that. It sounds, oh my gosh, like $15 a month compared to $900. That's so little money. I don't care about that much money compared to the 900. So it's okay that's a great deal. Who knows? I might break it. I don't wanna have to repay the $900.And then the next day you could be buying a meal for $15. And so  it's, there's a lot of anchoring that goes on as well. That makes insurance seem cheap when you know, the product itself is expensive. And I think that's a very common, psychological phenomenon as well. It's like that's an easy way to create a subscription plans towards just the psychological benefit of not worrying about whether it's going to break or not, which is, I think it's a really fascinating for now.Interesting. Okay. Yeah. That's fair. So I would probably agree with you on like phones and appliances. And I think it, like you said, depends on the whole situation, but like for a long haul move using U hall, I might just buy the insurance cause I'm like I've had an accident before, so maybe I'm going to have one again.Maybe I'm just that bad of a driver. I'm like don't tell my insurance company, but the thing is okay, maybe I would do that, but that's considering my scenario. And so it's not necessarily true for everybody. I did want to go back though, to something you said in your explainer of, oh if if there was.  If the insurance was actually worth it, insurance companies, wouldn't be making a buck. And you said something about premiums would have to be super high  for there to actually be any, if everyone was crashing their cars and using the insurance premiums that have to be super high because everybody would be using it.And so since not, everyone's using it, therefore no one should get it. And that was that was kinda what I heard. So please correct me if I'm wrong. But the, that thought process for at least some insurances, so I'm thinking  let's just compare apples to apples. So let's go term and term life insurance, which term life insurance you pay usually a monthly or a yearly premium for.15 years of coverage or 30 years of coverage or 20 years of coverage during that term, if you die, you get paid out the amount that you're insured for. So term life insurance, car insurance, renter's insurance, home insurance. Let's compare those because they're all the same. You're paying for a term you're paying usually some sort of monthly or annual premium price for that. The reason, so to push back on what you said it's, it doesn't work because it's not worth it because they're taking advantage of you that the in life, the insurance is taking advantage of you because there's just more are there, people are not using it enough, therefore you shouldn't get it.Hopefully I'm not strong. Meaning you've stepped in if I am, but pick a little bit, but I'm interested to hear what you're about to say. The idea behind it is that. Actually what you brought up at the beginning where the ships were insuring each other on a long voyage because they if one of them, or many of them lost the ships that were in their fleet, they didn't want to have to basically bear the brunt of that all themselves.They wanted to spread that burden out across multiple people. Th the same idea holds true that the, what you were saying about yeah. If everybody was crashing their car and using the insurance claims then you know, the insurance company wouldn't be making a buck, you might be really getting the best out of your insurance.You might be getting a new car for a couple of hundred bucks in premium. But there would obviously be opportunity costs there anyways. You might be getting a new car, but then the premiums would all just have to go up. The idea with having a large pools of people insuring one another is that you spread around the risk and the burden. And I guess what I'm saying is that the idea that, oh the it's just  the insurance company making a book on a low probability event that is somewhat true cause they do have to make a buck, but also the main the main mechanism for that to happen is not that the event is low probability or the risk is low probability, but it's, there's enough people to spread the risk around so it can reduce the burden for any individual risk.It can reduce the burden where as if they didn't have the risk spread around or the burden financial burden in this case spread around, it would be a full a hundred percent. Whereas it can maybe be 10% of that burden. Does that make sense? No, definitely. I, and I totally agree with that.It's something. It's similar to a credit union where you have a conglomerate of individual players that creates a situation where the risk is significantly lower for everyone. So it's I definitely agree. It's I guess maybe I threw my perspective out a little too harsh in the beginning of, I think my perspective is more just if you simply take like the individual's perspective from each like each individual player in that whole games perspective sometimes it can be a hard sell  to be willing to take on the risk of the group as a whole.  But it's a very good point. It's I don't. I think that insurance companies are fraudulent or just taking people's money or anything like that. It's not, I definitely agree that  insurance is a necessity in this day and age and it's it's a good thing. It's not at all a bad thing. And I, maybe I came off like that a little too pessimistic, like short term insurance companies. Definitely. Don't, that's a bad as the good thing, you're not anti insurance, otherwise you might, I don't know. Maybe you disappear insurance coming true. It's like messing with the fed big pharma and insurance companies.It's just let them be there doing their thing. Anyways. That's a whole, maybe a better qualifier to my original statement of 90% of insurance. I think I meant more like 90% of the offers for insurance that you'll come across over the course of your life are not worth it. So the kind of, a lot of the.More like substandard like regular events, like getting a new phone, getting new appliances, getting new products moving, traveling, the kind of insurance is that ironically almost a weird negative correlation between the amount of times that you would use the insurance in your lifetime compared comparatively.It seems like the amount of times, if you're only used at once, like life insurance or hopefully your house only burns down once it burns it down at all.  Like insurance is that you would worst case scenario only use one, maybe two times I think have the most intrinsic value and are probably the best, like the best value, both simple economically and psychoactively as well.Whereas the insurance that you could end up using many times you could break your phone many times  the possible risk to the insurance company of someone who is is maybe just drops their phone a lot. And they have to average that out. So they probably have people who dropped their phone a ton of times are the outliers on one end.And the vast majority of people don't, but they end up having to pay extra for that. And that's a whole funky situ situation. So I would amend my statement and say more like the number over the course of a lifetime, most of the insurance, most of the possible insurance things that you'll be offered are not worth it, but does that. That I could see where you're coming from on that, because I guess I would probably agree mostly with what you said, or I would greet most with what you said.  There's almost a weird negative correlation where if you're going to use the insurance a lot, it's probably not worth it.Whereas if you don't use it a lot but I guess actually, let me go back let me say this. I think it's actually, if the burden of the risk of that thing happening, it's not necessarily that thing is likely to happen, but that if it did happen, it could be catastrophic. I think that's when insurance makes sense, rather than if there's a high probability or low probability. Because there may be a higher probability that. I'm going to get in a car accident rather than my house is going to burn down, but both are still really bad. And they would both be very damaging and burdening if they happen. So I want to ensure both of those risks. Yeah. So it's almost like a burden, like what's the burden of the risk, not what's the probability of, Ooh, that's an interesting definition.I like that. How does this, because we know there's a lot of ways to have quasi insurance on your investment portfolio, whether you're using hedging tools, whether you're using a funky options plays whether you're buying interest rate swaps or treasury swaps, or there's a lot of different ways to have quasi insurance in a portfolio or over the course of a lifetime w we still didn't get to, I want to dig more into your you're comparing, contrasting each of the, more common long run insurance. Things, but what you just said, it almost makes me think that it's maybe not a great play to, to be regularly insuring your portfolio, ensuring quote unquote using hedging tools that perhaps may be reducing your upside. So it's an interesting if there is that kind of actual correlation between the amount of use, like the amount of times, if you're hedging, and this is just financial tools and instruments in general, there are so many hedging tools out there. You gotta think about the premium involved and that's say it again, but it's like this if these tools are being used extremely regularly   maybe they're a funky value prop going on there. So that's just a thought just to put meat on those bones, I think you're probably right. Because I just read through a. An ETF. I was doing some research on this ETF company and they basically offer some ETFs that will try to basically ensure whatever you put in the ETF for 12 months. So they want to ensure or reduce the downside. They don't use insure because they can't, it's an ETF company, but they want to reduce the downside to basically shave off the first 10 to 12%, excuse me, downside for that year.So the idea is they're all pegged. They basically use option strategies on the S and P 500. And they're pegged from, let's say February one, two of 20, 22 to February 1st, 2023, same thing. They have 12 of them for each month of the year. And so you can buy this, buy into the strategy, essentially through an ETF where you can insure against the.10 to 12% of the market dip. However, the rest of that, let's say the market drops 30% of the year. You're only going to save the first 20 or the first 10%. They are not going to be able to save you from the huge drops. So their idea is we can, and again, this is, it's an ETF, so it's very hard.They use a lot of qualifying statements, but essentially their idea is we want to help you with the little  smooth out the bumps in your portfolio. And we want to help you with the little downswings while maintaining upside rather than totally protecting you against the largest bear market that we might have in that 12 month period. So an interesting. Thing, because I don't think they were close to 1% for the expense ratio. And I was like, yeah, I don't think that would really be worth it if they're not going to fully protect the downside. If they're only going to protect the first 10%, I don't think it's really worth me paying them 1% of all the funds invested for that insurance, because it's not the biggest risk.The biggest risk is a 30% downturn like a 2008 or something. And so I would want to protect against that risk, which there are other products out there, usually an insurance where you can do that. You can basically have zero downside with a cap on the upside, which is really interesting. The only reason they do that is because they think they have a lot of money, so they can ensure that that, that.Kind of floor and ceiling approach, but they also use options. But they're very effective at it because they have a lot of money. So the options and the fact that they have a lot of capital behind it, make them able to offer those sorts of products, but a very interesting kind of scenario there where it's yeah, this isn't really worth me insuring quote, unquote, that the first 10% of my losses I don't think that would really make sense.That's a really, yeah. That's a really interesting situation. A very interesting ETF. Cause it's like on the one hand it's so interesting. Cause it's I wonder who first thought of that. That's a very unique product to where  that is very unique and  maybe worth it if you're very convinced that this is not going to be much downward volatility in the market.  If you think the market might go down 5%, but since was such an awful. An odd way to think about it. Cause I think the majority of retail and a good portion of institutional, like you said, watch for the 20 to 30%, you just want to not be in the market when that happens, is one of the easiest ways to consistently make big returns.So that's a very interesting, and maybe it's a thought process of if you see it getting towards that 10% bound and you pull out, you say, oh, perfect, okay. This is right at I'm about to not be insured anymore. This is what I sell or I don't know exactly how it works. Yeah. I didn't dig in hard enough, but I don't think that would be the case because it seemed like it was a reset.It was a 12 month window that reset exactly 12 months later. So they couldn't guarantee the insurance in between that period because of the option strategy they were using. Eh, I, again, didn't see the value in it, but that just is putting some meat on those bones of it's probably worth looking more at the burden and less at the probability that should probably be your first impression or your first factor that you consider is what's the burden of the risk here.Not what's the probability that this risk is going to happen. I think that's probably maybe third, the probability factor maybe third, second, or third in the list. But the burden has to be the first part for sure. In determining if it's worth it or not. That makes since to me. And I think that cause otherwise you go go down the weeds of Monte Carlo options, pricing, and all sorts of fun, fun equations and stuff that  a lot of the times it works.  For the average. So the average investor if you want to have relatively safe blue chips with covered calls is pretty classic. Get a little extra premium on the side from the pharmacy. Want to be going a little crazy, but   yeah. That's definitely a good positive, but that's not really, that's almost a risk in and of itself like you may if you're doing a short-term, if you're writing a short-term call, I guess it's not gonna be that much risk if it's far out of the money, but cause we've got a lot of Robin, Hooders sorry for anyone who use Robin hood. But got a lot of Robin hood is just buying way out of the money options companies. That's what it should be. We got a lot of hoodies because there were a hood I'm just kidding. We're insulting our audience. No no, it, that in and of itself could be. As well, because you could have to sell based on how the option plays out, could up sell if you're writing the call.So you're losing out on some upside possibility. Possibly, but if it's far out always, there's always chances of everything in the long run that is the best quote ever. There are always chances of everything in the long run. My, my long run, my, my long run forecast for you, Mike is that there is a as a high chance of everything and not financial advice, but general advice.I would say none of this is financial advice, but that's life in general advice, all the high probability of anything at any time in the long, pretty much that's that's just life advice there who knew you were going to get, be getting a grandfather wisdom from Mike and Austin here on the line.Exactly.  I want to jump back. We talked a good bit about the stock stuff, but I want to jump back to your example of the contrasting kind of the more standard insurances that everyone is probably going to be looking at whether or not. Hoodie or you're active in the market. Maybe here, your problem might be looking at life insurance or already have it and optimizing it.And that's a lot of stuff that I'm not as well versed as you are. So I want to hear what you were talking about and get a little compare and contrast for our listeners before we have to wrap up relatively soon. Yeah. So the  the nice thing is we don't have a hard commercial break Mike, so we can just, and go and folks you're a long, we can make this, the longest episode that the long, long running, it would probably be appropriate with insurance. No.  Just to sum it up. So let's go through them relatively briefly. And then you can ask questions where you think would be helpful. So life insurance kind of its own behemoth, but essentially two different types. You got the term which we just discussed. You pay a premium for a period of coverage where you'll be paid out the better.Of dying. You'll get paid on a death benefit if you die during that term period during the coverage period. So you're just paying for you're basically just paying for coverage during a set amount of time 20 years. Let's say, if you outlive the term and you're not covered anymore, then there is permanent insurance, which always pays out. Th there's actually never been a life insurance policy. That's not ever paid out. Every insurance policy always pays out as long as there's a legitimate death claim filed. It always pays out. Now, some people don't file a death claim. Totally separate. Maybe insurance companies make it hard to file death claims on purpose.I don't know, but I like living. So I'm not going to go tread, tread too far into those weather. No, but so you've got the permanent insurance, which always pays out when you die. You're paying into the policy the whole time. There's a lot of different calculations that go into that. If you're buying a policy, when you are, let's say 75 or 80 versus buying that same policy, when you're 35, you're going to be paying a different premium because the risk that they insure you for is adjusted over the life of the policy.But the initial, like your personal risk is determined when you start the policy. So at 75, you're going to be way less healthy than you are at 35. That means you're going to pay a larger premium at that point. Sometimes it doesn't make sense to buy insurance because they know that they're going to have to pay that insurance out very quickly.And like you said, at the beginning, they're not going to make a buck on it. So if you're paying premiums in for 40 years, from 35 to 75, then they're going to be able to make a buck on it because they're going to take some of that money and invest it. And then also have some of that earmark to be able to pay your insurance your insurance claim, your death claim when you pass away.Now, if you set it up  the amount you pay in from 35 to 85, let's say, or 95 over that 50 to 60 year period should be less far less than what you get in return. And the reason that works is because they could take that money and invest a large portion of. There's also going to be people that live far longer and actually get less.There's gonna be people that live live a shorter life and actually get more compared to what they paid in. It all tends to even out, but you should be able to make more on the death claim than you paid in premiums. If you didn't, no one would buy insurance. Now, some people will still buy insurance because there's really good scam artists out there in the insurance world.It's very unregulated compared to financial advising very unregulated. So you can read some wild stuff. And it gets very annoying because they also can just call themselves financial advisor because that's not a. Like a regulated term. So a person can be a quote, unquote, financial advisor, but they only sell insurance.And  if all you have is a hammer, everything's a nail. So everything gets solved by insurance for those guys. And that's not necessarily appropriate. So that's life insurance, there's permanent and term permanent. You're going to get paid out at some point term. You may or may not get paid out depending on when you die.Then you've got the home or excuse me, I should back up. So on in my estimation, usually it makes sense to do some sort of life insurance usually, but you want to optimize it. You pay in far less premium than you get paid out. And you want to be aware of how the whole game is played in that world.Usually it helps to have someone walk you through it. Who's independent and can look at a lot of different options for you. And so that in my estimation usually makes sense whether it is some sort of term product with the option to become a permanent product later, or it's some sort of permanent product. Again, like we've said in a couple of other instances in this podcast, it depends on the whole scenario at that point, determining if it's a good fit or not. But usually there's usually, there's a reason for life insurance. Now, the only reason there wouldn't be. Is if you had no risk. So if an example of that, which might sound weird because everyone has a hundred percent probability of dying, but there may be no burden attached to you dying other than I'm sure an emotional burden for some people, right?I would hope you have friends and family, and it's emotionally difficult when you pass away because you were loved. But there may not be a financial burden attached to you passing away because maybe you are you don't have a. Necessarily kids. You never married. You just were riding that single wave all the way into your nineties and you pass away a happy, jolly single guy.Okay, fine. Then you don't really have anything to insure because there's no burden there. You're not leaving behind a spouse who needs some more money to be able to live the rest of their life. Not leaving behind kids who need to be taken care of or kids that are adults, but you want to pass on some sort of legacy to them. At that point, if somebody is single, sometimes people will write an insurance policy on themselves and use it to pay for an endowment for a college to, to fund some sort of charity. You can do a lot of things with insurance, but there may not be a super good reason if there's no burden, which is why I think burden is the number one factor in determining the usability or the value of insurance.And then probability, there is no burden. You don't even have to talk about the probability. Yeah, I would say for most people, life insurance will make some sort of sense  in their life home insurance. First, let me stop there and you can ask questions. Did that make sense? No, that makes sense. And  I liked that definition of looking at the burden right upfront  which brings in an interesting one because it's that's a tough call.If you're very young and single or then you might not imagine you, you're not, you don't have burden in the moment, but like you said, if that's the easiest, the cheapest way to get good insurance when you're young and healthy. So it's a, it's an interesting conundrum. Yeah. It's. It's almost go ahead and you insurances, like when you really need it, you can't get it.And when you don't need it, you can get it really cheap. That's pretty much all insurance, except for phone insurance. Sometimes you can just buy that and then be like, oh, sorry, I dropped my phone anyway. So I would say that there's probably, for most people, there's probably a situation where life insurance makes sense, home insurance. We don't really probability may be very low, but the burden of you being in the street and homeless might be pretty high. Now, if you have multiple properties, maybe you've reduced the amount of coverage depending on the property and the utility it has for you as the owner. Maybe I put less on my vacation now, cause I don't really care.Or maybe I put more on my vacation house because it's worth more. And I actually really care about it. It's a family heirloom passed down five generations and I really want to make sure that it doesn't. Dye, and then I die. I'm still there. It doesn't get destroyed and I can't pay to repair it. Somehow death of houses is always a sad thing to see.It is always a sad thing to see. So that home insurance, I think the burden is pretty steady there really interesting one. And it's almost a subset of this renter's insurance is interesting. Sometimes it's required by your landlord sometimes not. And I don't know. I think it's a personal thing.I, I think it also depends on the scenario. If you're living in a situation with other roommates or your, in a huge apartment complex, may definitely be worth it to have some renters insurance, because then there's more risks involved. There's more potential risks involved because you have more humans and humans are inherently risky. So then it maybe makes sense, but if you're living in a house by yourself and you're just renting the house, maybe it doesn't make sense at that point. Like you don't own the thing. Yeah. You have a lot of stuff in it, but you're the only variable or you and your wife or husband are the only variable or what have you then probably doesn't necessarily make sense because  the at that point, yeah, the risk is high, but the probability is far reduced.  And maybe even the burden isn't that high either.So that, that can be  Kind of a sticky wicket that's, again, case by case scenario for that one. You, have you have anything to add there, Mike, as far as like home or renters or what would you do for renters? Yeah, that's an interesting cause I do, I actually have renter's insurance, but I w I'm actually planning on canceling it.So that's an actually really timely, a timely thing because it's it's interesting, like you said, it's all about the variables and the risk factors involved and  And it sounds like we at least from my perspective, I've definitely taken a very pessimistic view. It sounds like I'm taking a very pessimistic view over this episode of insurance, but I think it, it really is in some ways similar to investing in that it takes a lot of self knowledge of your risk profile.And if you don't have house insurance, will you be constantly worrying about how did I leave the, that I leave the stove on? Is the gap there going to be a fire? If you don't have life insurance, you got constantly be worrying about it. So it's something where I think  like we talked about, I think in the previous episode of knowing yourself and understanding your risk profile, understanding the things that you value, the things that.Going to worry about or not worry about is really important. I think for, I think the majority of people, like you said, it's a lot of those long-term insurances, home insurance, life insurance. It really makes sense because it's it's things that people will likely have to deal with at some point.And are you going to be worried about it and constantly thinking. Yeah. It's almost yeah, like you brought up at the beginning, there is some psychoactive value to it as well. It even if you decide that yeah, the burden is catastrophic and I need to ensure this risk.Yes. It may happen. The probability is enough that I shouldn't share it. Okay. Also, there's just like the mental strain associated with it. That could be very valuable to, to mitigate. Or it could be a relational thing  oh my goodness. If I die is my, are my wife and kids going be taken care of? That's like a common one for young families.  That's a very common worry, especially if  you're the primary breadwinner. Or even if you have two two spouses working, you still got to take care of the kids. Somehow they got to go to daycare. There's an expense there. So it definitely. Mental strain as well to think of as far as the other types of insurance auto insurance and the next one that comes to mind that I think probably everyone's going to run into that. You have to have it. I've I tend to be more cautious. I'm interested to hear what you think about auto insurance.I tend to be more cautious just because I, this is a mental, this is a perfect segue because this is a mental thing for me. I've been in a couple accidents before. And so I know that, okay, having insurance to be able to pay for this vehicle and or damages outside the vehicle, if it's property or hopefully not.But if it's people, if someone goes to the hospital and I'm at fault, if I need to if I could get sued for that, then that makes sense for me  to reduce the mental strain and concern to have a larger amount of liability coverage on. Policy, but that's me, I'm more cautious.And again that's my scenario. And I value that insurance probably differently than other people would because I just have a different history, a different experience with driving. So that's weather, whether good or bad, that's just how it is. And so I probably value having a little bit more coverage.I don't know  what's your perspective on that? Yeah, I think I'm actually in a similar boat to you on this one of a for car insurance. I think I had a similar experience where not driving and been in an accident and been driving and been in an accident and never in a, an a fault situation.I haven't run any red lights. Like it's never I've never been the cause of an accident, but it's interesting to see what if you didn't have car insurance and you didn't cause an accident  and then some states are no fault. And it doesn't matter if you caused it or not.If you're not getting the payout from the other person where some states are where you'd get covered, but that's scary, especially if you're traveling across state lines regularly if you're moving around at least for me I'm in a similar situation where  I'm willing to pay the extra money to have a better coverage. And I think car insurance is oddly in a similar situation as health insurance, because health insurance has. So both car and health insurance, there's so many different options, at least the variable. Exactly. At least in my head home and life insurance are similar in that there's one kind of thing that can happen.  You die or your home is destroyed and maybe there's different levels of. Moderate damage to a house. I don't, I thought you were going to say different levels only, mostly dead only what's the princess bride girl only, nearly he's only nearly dead, something like that. Only nearly dead.Yeah. But but I think that car and health are in this interesting category where there is a lot of different costs, possible, a lot of different variables possible. And for me, I'm actually, I would say I'm probably more on the cautious side, similar to what you're saying on both where  I would rather spend a little more on, on both car auto and health insurance and have that added protection.Yeah. Just for the edification of our audience. I'd looked up that quote it's mostly dead is slightly above. Nice for those who are trying to string the quote together. There you are. Yeah. I see what you're I see what you mean, thinking of them similarly   they do seem to have some kind of cross over there and health insurance.Everybody's going to probably bump into that at some point. I've surprisingly had different experiences than I thought I would have with health insurance. Not and this is just me, probably just being a young guy and not having used it a lot yet, but I haven't yet seen the value of it, even though I totally understand it. And definitely pay a premium for it. I pay a premium for good health insurance, but. I haven't really seen the value yet just cause I haven't used it. But I've seen it in other in others or family members or friends that, that sort of scenario seems again, most of this stuff it's  yeah, health and health insurance is its own behemoth, but it seems yeah, it's probably makes sense. As far as the other pieces of insurance I don't think appliances are, we've been over this appliances devices. It doesn't really make sense to me. It sounds like it doesn't make sense to you either. That was when he said insurance, I was thinking like life and auto and then you S you brought up the devices and appliances.And I was like, where I forgot there was insurance on those. Cause I think it's so dumb. I never used it and best buy insurance or apple insurance or any of those companies feel free to send us. Stats on LinkedIn or started arguing with us or that could prove us wrong. I'm more than happy to change my mind on something, but for me, it's like that kind of insurance, which is so common. You're going to be buying so much of that stuff, especially as phones have become more and more disposable, you will just get in your phone so often or planned obsolescence. Exactly the thing to exactly. Be careful with those updates folks. So I think travel insurance, a case-by-case scenario, I'd never used it.I don't see the point, especially now post pandemic. A lot of airlines are just essentially offering you insurance via vouchers are really flexible, change rules all of that. So it doesn't seem to be super valuable. Lastly, before we let these fine folks go, the portfolio side of things, the investment side of things, it seems like maybe we should.I think that is super valuable. I guess I'm speaking for both of us here. My opinion would probably be that everything I've seen thus far seems like  the premium would probably outweigh the benefits of ensuring any sort of like downside risk because you're going to have to reduce some of the upside. There's no, holy grail that's like zero volatility and a hundred percent of the upside. That's just not the thing. So that's just where I stand on that. But maybe there's scenarios where. I wouldn't really call it insurance for your portfolio, but maybe adjusting the riskiness of your portfolio based on other factors like timeline, as far as when you're going to use the capital. That probably makes more sense to me that I don't think there's that the re the reward is far smaller than the premium you'd pay for it. In my, especially if we're talking in the long run, it seems like if we're talking about short-term, if you think of the next three months, something crazy is going to happen.Maybe you put some shorts on something, put some shorts oncome on and then go for a dip, go jump in the lake. But it seems like insurance in terms of a portfolio perspective is usually for short term actions. If you're talking in the long run. If you think in the long run, the market is going to keep going down. Why are you in the market? Either you need to, your strategy should either be you're shorting the market over the long run, which would be your strategy.And so if you want to insure against that, then you just buy some of it. So you buy it is, I think the long run methodology, I think almost insurance for portfolio is maybe all investments, maybe it's real estate, maybe it's wine or it's  those kinds of cool alternatives seem like a better form of quasi insurance where diversification is kind of insurance in one way. It's not necessarily tendered by a company that is offering you a payout. If something happens, it's more of you creating your own insurance by diversifying and changing your risk portfolio to. Different things. So I think in terms of a portfolio, it seems like the best insurance from my perspective is diversification.According to how you perceive your own, a bit of ability to handle risk in different scenarios. Yeah. And I think also it might be helpful to zoom out from. Thinking about your portfolio in terms of your one log into your investing account, your portfolio should include, if you're taking a, taking everything into account should include the cash you have in the bank, and your emergency fund and all of that. So maybe the insurance in air quotes that you would be using for your portfolio is, could be dubbed like a war chest of cash sitting on the sidelines, ready to go by when everything else dips. And yes, your portfolio is going to dip along with that, but you've got cash to go in and buy it at fire sale prices.So that would be the only thing I can think that's close to some sort of insurance other than of course, diversification and spreading out among different risk profiles and asset classes. But that's the only thing I can think of that would be quasi insurance for your portfolio. That would actually be. Yeah. Again, not financial advice, but would love to hear opposing perspectives or agreements or anything. So feel free to drop us a line and let us know what you think about the world of insurance though. The wild, wonderful world of insurance, the wild, wonderful world of insurance. That is quite the alliteration and we're going to have to put a pin in it there.This has been another episode of the long run show. Hopefully you will join us next time.  One of the future episodes we'll be talking about, actually what we just talked about in the last five minutes. Some of the more personal side of investing and thinking through what it looks like what your whole situ situation looks as a investor now, You're one login to your one investing account. So that's that look for that in an upcoming episode. But until then drop us a five-star review. Like I said, last time, if you want to drop a one-star, don't go to LinkedIn and argue with us there. Hopefully publicly, if you're rude, I just won't answer you, but I'll answer, I'll be the dedicated answering Mike.Michael definitely answered but no, feel free to drop us a review that definitely helps out and share the podcast. If you know somebody who's has questions, we have some we have a decent library building up here. So if people have questions like crypto, they have questions on inflation questions on NFTs all that sort of thing.What is value? We did a show on that. Definitely share, share some episodes insurance. Obviously you're here. If you liked this episode, share it. Getting the word out definitely helps us out. So if you found this valuable, please feel free to. And what will be a little exciting aside as well. We'll be having some guests on, in some of our future episodes as well.It should be a lot of fun  branching out and bringing in perspectives and looking forward to not just the two of us rambling on, but having some fresh perspectives and fun discussions. Exactly. Maybe we'll find a another cynical bloke and another, a optimistic bloke to join the wild show that this is awesome. As always, thanks so much for listening. We'll catch you next time. .Support this podcast at — https://redcircle.com/the-long-run-show/donations

This 12 part series is originally found within Get Started Investing Podcast, which helps beginner investors break down barriers. We cover all the basics you need to start your investing journey. If you like more of this content, listen to Get Started Investing in your preferred podcast app. *****The beauty of investing is the world of choice that is available to you. Technology has broken down barriers and it has never been easier to access all of the opportunity that is out there. From Australian property to Asian stocks, European bonds to American currency, we can now buy all of these online. With so much opportunity at our fingertips the hardest part is knowing where to start.So in this episode we break down some of the key assets that you can invest in (and one that you shouldn't!).In this episode you will learn: The definition of an asset and the two functions it playsThe three most common assets - money, stocks and bondsWhat role money (or cash) plays in your investing portfolioThe definition of inflation and the risk it plays into your portfolioWhy stashing cash under your mattress isn't a good investmentAn introduction to the difference between stocks and bondsThe meaning, and importance of, diversificationHow you can buy other types of assets on the share marketHow you actually make money from these assetsWhat a dividend is and how you get it as an investorWhy stocks are the preferred asset class at Equity Mates*****Want more Equity Mates? Come to our website and explore! You'll find information on our full network of shows, including our Equity Mates Investing Podcast, book recommendations, blogs, news, and more. *****In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****Get Started Investing is a product of Equity Mates Media. All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice. The hosts of Get Started Investing are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional. Do not take financial advice from a podcast. For more information head to the disclaimer page on the Equity Mates website where you can find ASIC resources and find a registered financial professional near you. Get Started Investing is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

This 12 part series is originally found within Get Started Investing Podcast, which helps beginner investors break down barriers. We cover all the basics you need to start your investing journey. If you like more of this content, listen to Get Started Investing in your preferred podcast app. *****What does it take to build a great portfolio?This episode we debunk the myth that you need to be an expert to build a great portfolio. The truth is, it's simple, as long as you're dedicated, do your own research and are prepared to have some fun. We discuss the simple building blocks that we think are fundamental to building a portfolio and that are achievable for the beginner.In this episode you will learn: What is an investing portfolioThe 4 pillars for building a portfolio - goals, risk, diversify and allocateImportance of having a strategy or at least end goalHow to set personal investing goalsThinking about riskHow to identify your risk profileDiversifying assets: 5% rule & Perfect portfolioImportance of asset allocation:Do you keep some cash available to put into the market when it drops?How much of your portfolio should be made up of individual stocks vs. ETFs or LICs.For a beginner would a heavier focus on the latter be appropriate?Diversification and rebalancing your portfolio Want more?*****Want more Equity Mates? Come to our website and explore! You'll find information on our full network of shows, including our Equity Mates Investing Podcast, book recommendations, blogs, news, and more. *****In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****Get Started Investing is a product of Equity Mates Media. All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice. The hosts of Get Started Investing are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional. Do not take financial advice from a podcast. For more information head to the disclaimer page on the Equity Mates website where you can find ASIC resources and find a registered financial professional near you. Get Started Investing is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

One of the best episodes to date. This is the first time that we are exploring the intimate topics of: Love, Judgement, Giving, and Values. We believe these are some of the core concepts we need to master in order to live a more fulfilled life.We discuss:How to judge your investment portfolioThe value of time and its correlation to loveThe ability to give without seeking admirationAnd passing on your values and beliefs so the next generation will be financially successful.This is an episode that you don't want to miss. If there is one episode that embodies what we mean by keeping your faith and your finances together...this is it.Subscribe & Leave a ReviewDownload our FREE beginner's resource guide: 4 Biblical Principles Every Christian Should Know About Investing and Building Generational WealthFellowship with a Christian Financial Advisor during a free 30 minute consultationLooking for a Christian Financial Advisor? Schedule a no obligation free consultation: www.abrwealthmanagement.com/consultationJoin our mailing list to receive more Christian Resources:http://eepurl.com/hnxGcDSubscribe on your favorite platforms:Apple Podcast:https://podcasts.apple.com/us/podcast/financial-advisors-say-the-darndest-things/id1546970147Spotify:https://open.spotify.com/show/0nkiUkwoJalvgFhZnsIbkkGoogle Podcast:https://podcasts.google.com/search/financial%20advisors%20sayHave a question you want answered on the show?Email us at: info@abrwealthmanagement.com

One of the best episodes to date. This is the first time that we are exploring the intimate topics of: Love, Judgement, Giving, and Values. We believe these are some of the core concepts we need to master in order to live a more fulfilled life.We discuss:How to judge your investment portfolioThe value of time and its correlation to loveThe ability to give without seeking admirationAnd passing on your values and beliefs so the next generation will be financially successful.This is an episode that you don't want to miss. If there is one episode that embodies what we mean by keeping your faith and your finances together...this is it.Subscribe & Leave a ReviewDownload our FREE beginner's resource guide: 4 Biblical Principles Every Christian Should Know About Investing and Building Generational WealthFellowship with a Christian Financial Advisor during a free 30 minute consultationLooking for a Christian Financial Advisor? Schedule a no obligation free consultation: www.abrwealthmanagement.com/consultationJoin our mailing list to receive more Christian Resources:http://eepurl.com/hnxGcDSubscribe on your favorite platforms:Apple Podcast:https://podcasts.apple.com/us/podcast/financial-advisors-say-the-darndest-things/id1546970147Spotify:https://open.spotify.com/show/0nkiUkwoJalvgFhZnsIbkkGoogle Podcast:https://podcasts.google.com/search/financial%20advisors%20sayHave a question you want answered on the show?Email us at: info@abrwealthmanagement.com

HubSpot's Content Design Leader Jonathon Colman believes in content design. HubSpot is about to triple the size of their content design team, employing 20 new content designers. Jonathon goes through the hiring process and drops a heap of tips for job seekers while he's at it.You will also learn about:The double diamond model and how you can use it in your portfolioBuilding a voice and tone that works across the productHow to get started with content design from scratchThe shift from content strategy to content designTry our free UX writing courseConnect with Jonathon on LinkedIn and TwitterCheck HubSpot's job postsJonathon's article about what he looks for in a portfolioThe double diamond modelThinking in systems (article by Donella Meadows)Object-Oriented UX (article by Sophia Prater)

In this week's episode, I met with Lea Cloud who is a co-founder and partner of CDR Studio with Victoria Rospond. She shared with me her experience working on several projects, including working on the Bushwick townhouse in Brooklyn as well as a residential project in Snowmass, Colorado. Prior to co-founding the firm, she gained experience working at PKSB Architects where she was project architect for two New York State University projects, a library addition and renovation at the Fredonia Campus. Lea also shares how she is able to succeed as a designer with a diverse work portfolio. Her expertise has led her to work on multiple projects in Passive House, sustainable design, architectural design, interiors and comprehensive planning. She continues to use this experience in large-scale, complex educational and commercial facilities to implement forward-thinking design solutions. The Bushwick townhouse project in Brooklyn incorporates the concepts of connectivity and openness into its design layout. Lea also shares with us how she rethinks the role of stairs in this architectural design. Join me as we explore these topics and much more in this week's episode of American Building. About the Guest:Lea Cloud is a co-founder and partner at CDR Studio Architects, a full-service design firm in New York. Prior to starting the firm, she was at PKSB Architects, where she had an opportunity to work on the renovation of the famous Seagram Building designed by Mies van Der Rohe, Phillip Johnson, Ely Kahn and Robert Jacobs. Lea serves along with me as a city planning commissioner in Hoboken, New Jersey. She is a graduate of the Rhode Island School of Design. We will be talking about her Bushwick townhouse project in Brooklyn and more broadly about how to rethink the role of stairs in architectural design.Listen to the episode on Apple Podcasts, Spotify, Google Podcasts, Stitcher, TuneIn, or on your favorite podcast platform. Topics Covered:Lea's experience co-founding CDR Studio Architects with her business partner Victoria RospondHer experience designing projects and working at PKSB How to succeed as a designer with a diverse work portfolioThe idea behind the design of the Bushwick townhouse Lea's experience designing a residential project in Snowmass, Colorado About Your HostAtif Qadir is the Founder & CEO of REDIST, a technology company making it easy for commercial real estate professionals to find and use the $100B of real estate incentives given out every year in the US.Resources and LinksLea Cloud's LinkedInLea Cloud's Company LinkedInCompany WebsiteGrab our exclusive guide Seven Tips on How to Stand Out in Your FieldLearn more on the American Building websiteFollow us on InstagramConnect with Atif Qadir on LinkedInLearn more about Michael GravesLearn more about REDIST

Andre Roberts, CFA is the Senior Portfolio Manager at Invesco, charged with managing multiple funds focused on building, deploying and running quantitative strategies over Australian equity portfolios.Andre joins Owen Rask on The Australian Investors Podcast to share the building blocks of building quantitative and factor-based models for investing in Australia.In this podcast, Andre covers:The foundations of factor investingFactors that work — and those that don't — in AustraliaGetting signals on momentum, value and quality factorsHow to determine which factors should go into your portfolioESG factors and their efficacy in a portfolioThe future of factor investing in AustraliaThis is a slightly more advanced but intriguing episode on quantitative investing and the future of building portfolios.Resources:Learn more about quantitative investing in Invesco's Investor hubWatch the video version on the Rask Australia YouTube page.Take one of our intelligent and FREE investing courses (covering topics like ETFs, shares and valuation) on Rask Education and join our insightful FB community.Score $100 off Owen's high conviction ASX & US share research service, Rask Invest!If you want to thank us for putting this show together, please give The Australian Investors Podcast a 5-star review on Apple Podcasts - it's a 5-second task that really helps support the show (and puts a big smile on Owen's face).➜ Dig in deeper with the show notes: https://www.rask.com.au/podcasts/australian-investor-podcast➜ Score $100 off Owen's premium high conviction ASX & US share research service, Rask Invest: www.rask.com.au/aip-listener-discount➜ 100% free investing courses: https://education.rask.com.au➜ Join our kickass newsletter: https://www.rask.com.au/free-sign-up➜ Our awesome FB community: https://www.facebook.com/groups/raskaustralia➜ Hang with us on IG: https://www.instagram.com/raskaustralia➜ Twitter for cool kids: https://twitter.com/RaskAustralia➜ Tiktok for laughs: https://www.tiktok.com/@raskinvestFull individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning super funds, products, shares, bank accounts, etc.DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it. If you're confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsgDate recorded: 14 November 2021

In this week's episode, Bonnie answers listeners' questions about financing your portfolio. Unless you're Dave Ramsey buying your portfolio with all cash, then you'll want to tune in to learn more about legally leveraging other people's money.In this episode here's what you'll learn:When to use HELOCs vs. Cash out refi's to scale your portfolioThe quirks of Seller financing and how to protect yourself and the sellerHow investing with an LLC is different and what happens if you want to transfer it into an LLC later?My thoughts on Equity vs. debt partners?

Choosing a team to help you with your branding project can be big decision. Every studio has a slightly different process and deliverables, which can make it difficult to compare quotes. That's why, in the latest episode of the Brand-Led podcast, we're highlighting 5 factors you need to consider when choosing your branding team.You don't want to miss:What to look for in an agency's portfolioThe problem with looking for project examples from your industry, and what to look for instead What to look for in a brand strategy sessionThe hidden costs of branding and what additional costs to factor inWhy a lack of project momentum can cost you money and how to avoid project delaysAnd lots more!

On this episode I recap markets as we close out Q3 and look forward to the end of the year.   Topics I cover include:The outlook for inflation, who is most sensitive, and how to protect your portfolioThe state of the economy and what to make of recent weakness in some of the dataShould you expect a sharp and sustained market selloff?What could be an opportunity in the current market?Is covid still a story in the market & the economy?This episode is a replay of a client webinar from October 18, 2021.  With any questions or comments, or to discuss your own financial situation, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s).  AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor's personal investment objectives or financial situation into account; investors should discuss their individual circumstances with appropriate professionals before making any decisions. This information should not be construed as sales or marketing material or an offer or solicitation for the purchase or sale of any financial instrument, product or service sponsored by AllianceBernstein or its affiliates.

John Rumsey is a co-founder and managing partner of RHA Wealth in Raleigh. John started his practice in 2020 and worked as a wealth manager under Merrill Lynch since 2010 prior to starting his own company. John originally thought he'd pursue in a career in academia but transitioned to teaching people about how to better manage their money. We covered:Taking the leap into entrepreneurship from the corporate worldWho should you take financial advice from? Practical tips for personal financial habitsHow large should your emergency fund be?Dave Ramsey's 7 Baby StepsShould you invest in a 401K?Why you should always know the value of a businessBuilding a book of business when you first start a companyHow to think about cryptocurrency in a portfolioThe benefits of joining Entrepreneurs' Organization (EO)Setting up your network instead of viewing everyone as competitors---Visit RHA WealthConnect with John on LinkedIn.---Subscribe to my newsletter to get updated every week with a new episode at https://jonahpollone.com/Connect with me on LinkedIn

With us today is Keke Williams to speak about how she and her partner empower individual investors to create the financial freedom to live their dreams. Peter and Keke co-founded GlobalInvestor Alliance (GIA) to help people obtain the mindset, strategies & tools to create recurring income from recession-resilient real estate investments that have ultimately accelerated their own wealth building success. Through their US multifamily GP partnerships, they currently manage a portfolio of 1,000+ doors across 4 projects in 3 metros, valued at over $200MM.For today's episode we will cover: [00:00-9:43] Opening Segment.Getting to know Keke Williams.Keke shares how she got started and her journey in her professional life.Why she chose to do Multifamily. [9:43-14:41] Wisdom comes from the experience of doing itKeke discusses her trial and and error journey and how it helped her find her niche.The truth about diversifying strategiesWhy Multifamily is the most successfulWhy having good partners and good processes makes the business better [14:41-17:45] Why putting your eggs in one basket is the wrong ideaWhy you should diversify your multifamily portfolioThe essence of having returning investors [17:45-22:20] How to find a solid investment that can stand the test of timeMaslow's hierarchy of needsWhy you should start investing in multifamily [22:20-27:17] How COVID revealed the downside risks of some Investment VehiclesKeke foresees an increase in intergenerational living after COVIDA major shift in location that could affect the market [29:41-33:02] Being in tune with the current market.Learning how Keke thinks about where to investHow to know which investment strategy to do [33:02-38:34] Three step framework on analysisIndustry level risk - understanding real estateThe business of MultifamilyAssessing the management team [38:34-47:10] Closing SegmentSetting your priorities straight with KekeHow to further your investingFinal advice from KekeTweetable Quotes: If you can find your real areas of genius, where you excel, and you feel good, and you're satisfied and contributing in that way. That's where you should play. Everything else you should either partner or outsource."-Keke WilliamsConnect with Keke and start your journey herekeke@globalinvestoralliance.comSUBSCRIBE & LEAVE A 5-START REVIEW as we create a lifetime of wealth and financial freedom through multifamily investing!    Invest with us! Check out Blue Oak Investments  Cody on LinkedIn, Facebook, and Instagram John on LinkedIn and Facebook Brian on LinkedIn and Facebook 

Nothing can stop us from pursuing our real estate goals and dreams if we are driven by a strong desire to do so. Listen in as guest Dr. Vasu Kakarlapudi tells his story of achieving success in multifamily investing while maintaining his medical practice.Key Takeaways To Listen ForFirst steps to take in commercial real estateWays to manage medical practice and real estate Benefits of hiring mentors Pros of investing in multifamilyDiversifying real estate portfolioThe importance of discipline to take actionAbout Dr. Vasu KakarlapudiDr. Vasu Kakarlapudi has spent 17 years in private practice as an ear, nose, and neck surgery- Otolaryngologist.  Currently, he is the Managing Partner at Apta Properties and has been investing in real estate for the last 15 years.  He is experienced with raw land, single-family residences, senior care, medical offices and dialysis centers, retail centers, and commercial multifamily.  Dr. Vasu has been successful in generating passive income and increasing net worth for themselves and their partners through several multifamily and retail syndications.   Connect with Dr. VasuWebsite: Apta PropertiesTo Connect With UsPlease visit our website: www.bonavestcapital.com and please click here, to leave a rating and review!SponsorThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams

It's amazing what you can accomplish with the simple desire to become self-sufficient. Twila True is a mega-successful entrepreneur who currently serves as CEO and Co-Founder of True Family Enterprises, a privately held investment firm with more than 50 companies in her portfolio.On the music front, Twila co-founded 1500 Sound Academy, a state-of-the-art music college in Inglewood, California, and subsidiary of Volume Ventures, with Grammy Award winners James Fauntleroy and Larrance “Rance” Dopson. She has several other businesses under the True name, and her charitable ventures include an orphanage assistance foundation in China, and a U.S. based Native American personal development foundation.Twila is truly a dynamic woman and I can't wait for you to dive in and learn more about how she's built her empire and the investments that interest her now.Things you will learn in this episode: [00:01 - 05:32] Opening Segment  I introduce today's guest, Twila True Twila gives us some background on her storyEarly upbringing Lakota Native AmericanGrowing up around a rich cultureAlways empowered and supportedA desire for self-sufficiency [05:33 - 16:44] Building an EmpireTwila talks about the biggest mentors that impacted her lifeAdults and authorities First venture into business A desire to provide for herself No means for formal education Working nights Taking an interest in sales and financesFacing unique challenges as a female The need for certain skill setsHow Twila finally found successExpanding and growing into multiple companiesQuickly learning what works and what doesn't Cutting at the right time  Examples of what didn't workTwila's advice when to hold an investment and when to walk awayGet into the numberBalance being a student and expertThe importance of networking A word from our Sponsor [16:45 - 22:59] Twila True on How to Build Your NetworkWho you know or what you know?What you know first, then who you knowThe importance of knowledge The biggest factor mentorships have played for TwilaIntentionally meeting other people The role social media has played The effects of the pandemic on investments Deep in a real estate portfolioThe kind of things doing well right now[23:00 - 26:04] Closing SegmentThE RaNdOm RoUnDHow to engage with TwilaLinks below Final words Tweetable Quotes: “All along the way, there were always people who took a little bit of time or took a little bit of interest… That's why it's so important to me now, to complete that cycle.” - Twila True“I always shake hands with two people in my business, that's my legal side and my financial side.” - Twila TrueConnect and engage with Twila on Instagram and LinkedIn. Go to https://www.truefamilyenterprises.com/ and learn more about the behind the scenes operations. Did you love the value that we are putting out in the show? LEAVE A REVIEW and tell us what you think about the episode so we can continue putting out great content just for you! Share this episode and help someone who wants to connect with world-class people. Jump on over to travischappell.com/makemypodcast and let my team make you your very own show!If you want to learn how to build YOUR network, check out my website travischappell.com. You can connect with me on Facebook, Instagram, and Twitter. Be sure to join The Lounge to become part of the community that's setting up REAL relationships that add value and create investments.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

The S&P/ASX200 closed up Friday, gaining 32.7 points or 0.45% to 7308. The smell of US infrastructure spend offsetting the lockdown shadow over Greater Sydney. Boral jumped (6.5%) to a more than three-year high after Seven Group sweetened its takeover bid. Nuix led the losses (-3.9%), Zip Co followed (-3.1%) and stock of the day CSL (-0.4%) also ended lower. A safe weekend to all.Our top three VODs are:Healthy stocks for your portfolioThe reflation trade isn't dead - here are the stocks to watchnabtraders have learnt to buy the dip See acast.com/privacy for privacy and opt-out information.

Sure, #selfcaresundays are good for the soul, but do you know what else feels good? Financial empowerment. So today we're talking all things investing with millennial money expert, Jessica Moorhouse. This is one of our most-requested topics and it's no surprise why. In our recent Instagram poll, 80% of you said that you find investing intimidating — and we totally get that. A lot of us might believe that investing is only for super rich, middle-aged people, but we promise you that is not the case. It is SO key to start investing even the smallest amount while you're young, so you can reap the benefits of those early investments later on in life. Hello early retirement!And as we learned in this episode, investing isn't actually *that* complicated, so those who try to make it sound more difficult than it is have some sort of M.O. But we are ready to flip the script on that narrative to start building our financial skillset and investing with confidence!Jessica is a millennial money expert, speaker, Accredited Financial Counsellor Canada®, award-winning blogger, host of the More Money Podcast and founder of the Millennial Money Meetup, a series of empowering personal finance events. Her mission is to teach others how to take control of their lives by taking control of their money and we are here for that! Tune in to hear more about: The basic investing terminology you should knowHow to tell when you're ready to investThe different types of investments people can buyTypes of investing accounts you should openHow to invest if you don't have a ton of moneyUnderstanding your risk tolerance and creating a balanced portfolioThe benefits of investing in increments VS going all inThe top 3 things people should look for when investing in a company This episode is brought to you by Dove. Visit teachmehowtoadult.ca/dove for details on how to try a free sample of their Deep Moisture Hand Sanitizer that we can't stop raving about!Teach Me How To Adult is a podcast that serves up expert interviews, candid experiences and actionable advice on everything you never learned growing up. Follow along as we figure it out together!For show notes and more adulting tips, visit:teachmehowtoadult.caFollow us on the ‘gram:instagram.com/teachmehowtoadultpodcast Follow Gillian:instagram.com/yunggillianaire/Follow Cailyn:instagram.com/cailynmichaan/Follow Jessica:jessicamoorhouse.com/instagram.com/jessicaimoorhouse/More Money Podcast

For the past decade, Barri Griffiths has worked in the entertainment industry. He starred in the U.K. Version of Gladiators as “Gladiator Goliath” and eventually went on to wrestle on TV for the WWE as “Mason Ryan”, where he wrestled with the likes of John Cena. Today, Barri hosts the WWRE Podcast and the youtube channel Wrestling With Real Estate, where he interviews people from all aspects of the industry. His goal is to help educate as many people to the amazing benefits of investing in multifamily real estate. [00:01 – 10:08] Getting to Know Barri GriffithsIntroduction the the guest for this episodeBarri's backgroundUK GladiatorsWWE CareerGetting into real estate[10:07 – 23:35] Wrestling with Real EstatePerforming for Cirque du SoleilEstablishing multiple streams of income with Real EstateDiversifying his real estate portfolioThe future for Barri in real estateThe benefits of investing in real estate[23:36 – 27:38] Final Four SegmentBarri's advice to aspiring investorsDon't waitHow he stays on top of his gameHis way to make the world a better placeReach out to our guest– see links belowFinal wordsTweetable Quotes: “Everything leads you to where you are now, and you are exactly where you should be right now.” - Barri Griffiths“Don't wait. Get in as soon as you can.” - Barri GriffithsResources Mentioned: Bigger PocketsRich Dad Poor Dad - Robert KiyosakiWrestling with Real Estate------------------------------------------------------------------------------------------Connect with Barri, visit https://www.wrestlingwithrealestate.com/ Connect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com

For the past decade, Barri Griffiths has worked in the entertainment industry. He starred in the U.K. Version of Gladiators as “Gladiator Goliath” and eventually went on to wrestle on TV for the WWE as “Mason Ryan”, where he wrestled with the likes of John Cena. Today, Barri hosts the WWRE Podcast and the youtube channel Wrestling With Real Estate, where he interviews people from all aspects of the industry. His goal is to help educate as many people to the amazing benefits of investing in multifamily real estate. [00:01 – 10:08] Getting to Know Barri GriffithsIntroduction the the guest for this episodeBarri's backgroundUK GladiatorsWWE CareerGetting into real estate[10:07 – 23:35] Wrestling with Real EstatePerforming for Cirque du SoleilEstablishing multiple streams of income with Real EstateDiversifying his real estate portfolioThe future for Barri in real estateThe benefits of investing in real estate[23:36 – 27:38] Final Four SegmentBarri's advice to aspiring investorsDon't waitHow he stays on top of his gameHis way to make the world a better placeReach out to our guest– see links belowFinal wordsTweetable Quotes: “Everything leads you to where you are now, and you are exactly where you should be right now.” - Barri Griffiths“Don't wait. Get in as soon as you can.” - Barri GriffithsResources Mentioned: Bigger PocketsRich Dad Poor Dad - Robert KiyosakiWrestling with Real Estate------------------------------------------------------------------------------------------Connect with Barri, visit https://www.wrestlingwithrealestate.com/ Connect with me:I love helping others place money outside of traditional investments that both diversify strategy and provide solid predictable returns.Call: 901-500-6191FacebookLinkedInLike, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in! Email me --> sam@brickeninvestmentgroup.com

Last time we did a live Q&A, fans from all over came on to ask questions to Brandon and David. Now we’re back, answering the questions that BiggerPockets Real Estate Podcast fans have on their minds. We’ll go over a handful of questions, all from different investors in different parts of their real estate journey. Questions include:How can investors offload their unwanted properties to charities?How do I stop analysis paralysis even after so much research?Is it a good idea to buy in an area with a falling population?What metrics should I look for when scaling my portfolio?What’s the best niche to build wealth fastest?Plus other commonly asked questionsThanks again to our guests Nicole, Michael, Ryan, Owen, and Emily for throwing their great questions at Brandon and David!In This Episode We Cover:The biggest regret that most real estate investors haveScaling to bigger and better deals (with higher unit counts)Finding a mentor who can push you to accomplish BIG dealsUsing other people’s money to build your real estate portfolioThe best niches for newbie investors to start out inAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets Youtube ChannelRestoring EdenBiggerPockets Podcast 414: 1300 Units in Real Estate Development at 30 years old with Evan HolladayPetey Pablo - Raise Up (Official Video)Open Door Capital3 Reasons Multifamily Rentals Might Be the Perfect Investment with Paul MooreEvan Holladay's InstagramCharity WaterBiggerPockets Pro MembershipGetting Started with Real Estate Investing: An Interview with My Real Estate MentorCheck the full show notes here: http://biggerpockets.com/show468

Aussie stocks remained range bound today in a scenario that's been familiar through out the course of this year. The ASX 200 finished down 0.6%.A late slide on Wall St set the tone, sparked again by a jump in long dated bond yields. Heavy losses in energy, materials, industrials were partly offset by strength in REITs and utilities. Tech stocks recovered most of their early losses to close down 0.03%. On The Last Call today we were joined by David Bassanese from BetaShares, Brian Parker from Sunsuper, Dermot Ryan from AMP Capital, Joshua Barker from Maqro and former Wallaby prop, Bill Young. Our top three VODs today are:The how-to manual on investing in small caps (stock picks included)Three undervalued stocks for your portfolioThe only game in town is bond proxies See acast.com/privacy for privacy and opt-out information.

Savannah Arroyo, known as The Networth Nurse, is a full-time registered nurse and multifamily real estate investor. She helps busy medical professionals create passive income through real estate investing. [00:01 – 07:24] Opening SegmentI introduce and welcome our guest, Savannah ArroyoSavannah shares how she became The Networth NurseShe talks about her background Do you see yourself making real estate a full-time gig?She talks about what it's like being on the frontlines during the pandemic[07:25 – 12:52] MultifamilySavannah speaks about her real estate portfolioThe importance of networking[12:53 – 19:55] The Networth NurseSavannah shares why she chose to be a nurseWhy she loves the medical fieldEncouraging and connecting with real estate enthusiasts in her line of work[19:56 – 26:31] THE FINAL FOURWhat's the worst job that you ever had?Developing my websiteWhat's a book you've read that has given you a paradigm shift?Grit by Angela DuckworthWhat is a skill or talent that you would like to learn?I would like to get better at the IT side of my businessWhat does success mean to you?Time freedomConnect with Savannah. See the links below. Tweetable Quotes:"People are always looking for ways to either generate more income or to kind of create that time freedom to make their money work for them." – Savannah Arroyo"Success for me is just really time freedom." – Savannah Arroyo"Remain flexible because there are constant changes." – Savannah Arroyo Resources Mentioned:The BRRRR method (definition)Follow Savannah on Instagram and other social media platforms @thenetworthnurse or visit her website https://thenetworthnurse.com/. You can also send her an email at savannah@thenetworthnurse.comLEAVE A 5-STAR REVIEW by clicking this link.WHERE CAN I LEARN MORE?Be sure to follow me on the below platforms:Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.LinkedInYoutubeExclusive Facebook Groupwww.yonahweiss.comNone of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.Support the show (https://www.buymeacoffee.com/weissadvice)

Our guest this episode is Nick McCullum. Nick is a software developer and Director of Growth at Passiv. Passiv is portfolio management software that makes it easy to manage your own investment portfolio. Set a target portfolio, rebalance with 1 click, and get notified when your portfolio drifts using the tool available on passiv.com.As awesome as real estate is as an investment vehicle, diversification is still important. With Nick, we go over the difference between ETFs, index funds, mutual funds, stocks, bonds, how it all works, and how you can use these vehicles to create a diversified portfolio outside of real estate. We also discuss the Canadian Couch Potato portfolio, where to invest the extra cash flow from your real estate investments, the importance of rebalancing your portfolio from time to time, and how Passiv helps you do that with a single click. If you've ever wanted to expand your investment knowledge and be more aware of some of the other options out there, you can't miss this episode. Show Notes: Discuss the difference between the stocks, ETFs (Exchange Traded Funds), and Index fundsWhat Passiv does to help you help you rebalance your portfolioWhy is it important to rebalance your portfolioThe definition of an accredited investor and what you need to do to avoid needing an accredited investor to invest with your dealWhat is a hedge fund and why people like to invest in themDiscussing the Canadian Couch Potato portfolioWhat are bonds and how they differ from bondsWhere to find good resources to learn more about stocks and investingLump sum vs dollar-cost-averaging investing; lump sum investing statistically the better choice What are the allocation options for extra cash flow from your investment properties; reinvest in property, take as cash, or invest into the marketHow Passiv works with your online brokerage How much should you allow your portfolio to drift before rebalancing; 5-10% is standardQuestrade customers get to use Passiv for freeFor more info, you can reach Nick at: Passiv.comnick.mccullum@passiv.comFor other cool investing info and content, check out our website at CWHO.CA.

https://propertyplanning.com.au/propertyplannerbuyerprofessor/In this week's episode #64 of the Property Planner, Buyer and Professor Podcast, the team discuss “Property v Shares - How to strike the right balance in your investment portfolio, which investment strategy is superior, how to get started and should it actually be property AND shares?", as Dave, Cate and Pete discuss:Weekly market insights1. Australian bonds in negative yield territoryFor the first time ever, Australian bonds have been purchased at a negative rate last week, with an average yield of 0.01% and buyer's who bid most aggressively receiving a yield of minus 0.01%.2. Landlords and tenants in limbo as VCAT unable to settle interstate disputesThe Court of Appeal has ruled that property disputes in Victoria involving landlords who are residents of other states are not within VCAT's jurisdiction. This means that neither the tenant or the landlord can apply to have a tenancy dispute managed in VCAT. We expect this unsatisfactory state of affairs will be dealt with and rectified by the Government shortly.3. Savings spike the highest since the 70'sOne silver lining of the coronavirus pandemic is that many Australian's are saving more money than ever. The last time we saw a spike in savings this high was in the early 70's where fuel was being rationed. Increased savings will add fuel to the property fire for many borrowers whose borrowing capacity is contingent on their deposit size.Property v Shares1. Share investment lessons from the property expertsThe Property Planner, Buyer and Professor share their first-hand experiences and lessons learnt the hard way from their first foray into shares.2. What does an investor need to do to be purchase-ready?It's a lot easier to get your foot onto the share market ladder, than the property ladder. With the ability to invest a few $100 in the share market and low transaction costs to purchase and sell, the trio share with you what you need to do to get purchase-ready.3. Leverage and borrowing funds to investOne key difference between property and shares is bank policy in providing funding, which typically allows for lower loan to value ratios of 50-70% for margin loans. Whereas home buyers can seek loans of up to 95% to purchase a property. This is because of the perceived risk and volatility in the share market and relative stability of the property market. This also means that the value of the investment that you can purchase with your initial capital is greater, and this leveraging bolsters net capital growth, which translates to more opportunity to invest and leverage in the future.4. Share trading v share investingThe trio explain the differences between share trading and share investing, and if you're not a share market expert, why share investing is likely the right strategy for you.5. How mortgage strategy applies to sharesThe good news is that the same principle of mortgage strategy apply to share investing as property investing. The Property Planner, Buyer and Professor outline the key strategies to implement.6. Market volatilityWhile there is certainly more risk in the share market, there is also more gains to be had when leveraging is not considered. The value of shares can increase by 10 times their original amount and some companies just seem to take off. In contrast, outperformers in property see typically 10% or more capital growth in a year. However, it seems with shares that as quickly as they go up, they can come back down. We highlight the critical reasons why.7. How to strike a good balance between asset classes in your portfolioThe trio share their insights on how to structure and diversify your asset portfolio.8. And of course, our ‘gold nuggets'!Visit the show notes - https://propertyplanning.com.au/property-v-shares-how-to-strike-the-right-balance-in-your-investment-portfolio/

A portfolio is a necessity for any working photographer, but it can be challenging to build one well. This week we are talking about ways to build a strong portfolio to represent your work. This is a sneak peek into you as a photographer, your abilities, and your style. Let all that shine through!Decide on your Goals for the PortfolioYou need to understand why you are building this portfolio. Who is it intended for?Decide which photography genres you are reaching out to with your portfolio. Are you looking for portrait work? Adventure work? Working with brands?Build separate portfolios for each genre.This will mean understanding your target audience for your portfolio. Select your Best ImagesThis can and should be a challenging processChose images that have an impactYou will need to be very critical and think carefully about why you include each image There will be images that have a lot of meaning to you because of the story behind them or the purpose in your life but aren’t compositionally or technically good photos. They will need to go.Ensure you have a diversity of imagesDecide on the Design of your PortfolioThe way you choose to show off your portfolio matters. And the way you choose to do that depends on your target clients.There are many ways to show off your work both in print and digitalPrint8x10 prints in a portfolio binderA portfolio bookSmaller prints in a specially designed boxLarger prints that take over a meetingOnlineYou can build different galleries that prospective clients can look at and click-throughBuild whole slideshows that take them through at your paceConsider the order of your imagesYou want to think about the story your portfolio tells. Don’t just toss the photos in random order. The order matters, so put a lot of time into how people will see the imagesProduce high-quality offeringsDon’t skimp out on the printing quality of your portfolio. Your portfolio shows your very best work, present your photographs in all their glory!This also shows your dedication to having a high-quality product beginning to end. It’s not just about showing you can take good photos. It’s also about showing you know how to finish a project wellGet a second opinionFind a photographer you trust to look over your portfolio and talk with you about the images in itNeed someone willing to be critical and honest about your workTry and find a photographer who works in the field you are reaching out toThe Travel & Adventure Photography School offers an online portfolio review to help you get the best out of your portfolioA 30-minute online portfolio review session with RobertRobert will pre-review your portfolio, written statement and any links you includeThis means no wasted time reviewing images on the call. We can focus on helping you improve your photography!What you need to provide:Your PortfolioYour Written StatementWe will provide you with a document to create your written statementThis statement will give Robert clarity around the intent of your portfolio and your work. It will also help him understand you as a photographerAny relevant linksThis can include your website, Facebook and Instagram, for exampleLet's ConnectFacebookInstagram

In this episode, Ryan and Terry discuss the number one rule of wealth creation, and why most people unwittingly ignore it at their peril. Also in this episode:What the pass your hat around ritual has to do with insuranceWhy taking out insurance is one of the noblest things you can doThe four core components of any wealth protection portfolioThe crazy inconsistency that puts most of us at huge financial risk Why using brokers can be your best friends, and sometimes your worst advisers when it comes to insurance (and how to avoid being duped) The two biggest mistakes those who already have 'cover' tend to makeFacebook pageInstagramWebsite

Show DescriptionShow hosts, Jason Labrum and Alex Klingensmith bring you over 2 decades of experience as Financial Advisers, helping you achieve financial peace of mind through financial planning & investment management. Today’s show goes into detail, hopefully not too much detail, about defining risk vs. volatility. The topic of financial planning and investing around risk and traditional risk tolerance questions is interesting and we believe it is TOTALLY BROKEN. There is a better way to invest and it’s financial planning based around a target rate of return. Once you identify your goals and objectives you can then establish a targeted rate of return you need to achieve those specific goals and objectives. Jason and Alex also discuss the benefits you can achieve by trimming profits and allocating money toward assets classes that have not performed well. Yes, Jason gets to use his favorite term, Tolerance-band re-balancing. In Today’s conversation, here’s what you’ll learn:The difference between Risk and VolatilityHow you should identify the target rate of return you need to reach your financial goal and objectivesEasy steps to building a GREAT investment portfolioThe importance of a financial plan

Show DescriptionShow hosts, Jason Labrum and Alex Klingensmith bring you over 2 decades of experience as Financial Advisers, helping you achieve financial peace of mind through financial planning & investment management. Today’s show goes into detail, hopefully not too much detail, about defining risk vs. volatility. The topic of financial planning and investing around risk and traditional risk tolerance questions is interesting and we believe it is TOTALLY BROKEN. There is a better way to invest and it’s financial planning based around a target rate of return. Once you identify your goals and objectives you can then establish a targeted rate of return you need to achieve those specific goals and objectives. Jason and Alex also discuss the benefits you can achieve by trimming profits and allocating money toward assets classes that have not performed well. Yes, Jason gets to use his favorite term, Tolerance-band re-balancing. In Today’s conversation, here’s what you’ll learn:The difference between Risk and VolatilityHow you should identify the target rate of return you need to reach your financial goal and objectivesEasy steps to building a GREAT investment portfolioThe importance of a financial plan

#201 Why most conventional portfolios make huge and often unintended bets on the stock market. How role based investing can lead to a more balanced portfolio. More information, including show notes, can be found here.Episode SummaryHaving a balanced portfolio is a key to financial success. It offers a secure future and provides a level of security to your day-to-day lifestyle. On this episode of Money For the Rest of Us, David considers the question, “Is your portfolio unbalanced?” A new member of Money For the Rest of Us Plus introduced him to the book “Balanced Asset Allocation” by Alex Shahidi and it was the inspiration behind this podcast episode.4 main reasons behind market volatilityShahidi writes, “The ultimate goal is to capture excess returns over time, with as little risk as possible. The more volatile the return, the greater the risk of capital loss.” David explains that there are often unintended consequences of single-track investment strategies and that having too much of your portfolio invested in one asset class is not a good strategy.Here are three main reasons as to why the market is volatile:A shift in the economic environmentShifting risk appetitesA shift in expectations of future cash rates (future path of short-term interet rates)Every market segment has inherent biases in various economic environmentsThe key to avoiding market volatility is to hold multiple asset classes. These various types of assets will allow you to benefit in any type of market. For example, slowing economic growth is better for traditional bonds, while accelerating growth is better for stocks. TIPS and commodities do better when inflation is increasing. Even though most investors have a heavy bet on economic growth because of their stock-heavy portfolio, the arguments outlined in Shahidi’s book encourage otherwise.Don’t be in the unenviable position of not receiving returns on your portfolioThe single most important takeaway from this episode of Money For the Rest of Us is this: Don’t rely on any single asset class to provide financial returns. Shahidi writes, “Own asset classes that are as volatile as stocks, but that perform better in different economic regimes.” Shahidi recommends 30% in long-term Treasury inflation-protected securities (TIPS), 20% in commodities, 30% in long-term bonds, and 20% in stocks. Collectively, this type of portfolio could generate excess returns above cash, although many investors might find the volatility of the underlying segments unsettling.Why David DOES believe you can identify shifts in the marketInvesting will never be 100% predictable, it’s the nature of the game. But David does believe, contrary to what Shahidi writes in his book, that you CAN identify shifts in the market. Before a shift occurs there are often red flags that can be identified and researched, even if it takes a dedication to objectively watching market conditions.

With 17 properties and 19 loans, The Smart Property Investment team have become experts on mortgages and home loans and reveal how knowing the right information has kept them ahead of the game. Join The Smart Property Investment Show host Phil Tarrant and Aussie Paramatta mortgage broker Ross Le Quense as they delve into all things mortgages, mortgage rates and banks. They reveal the ins and outs of how you can stay ahead of the game when attempting to get a loan from banks and lenders for a property, how a shift from variable rates to fixed rates could impact your portfolio and how the future plans for your investment can impact the loan you require. You will also hear about APRA's guidelines and how to understand them, how the mortgage industry impacts the property industry and changes in the investment and interest-only lending space. You'll hear all of this and much, much more in this episode of The Smart Property Investment Show! If you like this episode, show your support by rating us or leaving a review on iTunes (The Smart Property Investment Show) and by following Smart Property Investment on social media: Facebook, Twitter and LinkedIn. If you have any questions about what you heard today, any topics of interest you have in mind, or if you'd like to lend your voice to the show, email editor@smartpropertyinvestment.com.au for more insights! SUBURBS MENTIONED IN THIS EPISODE: Sydney Melbourne Brisbane Mount Druitt RELATED AREAS OF INTEREST: Portfolio Update: The best Australian state to invest in revealedSydney property has its 'best years ahead'The benefits of financial planning and how it can boost your portfolioThe next city to boom and it could be bigger than Sydney!

On today’s episode of the BiggerPockets Podcast, we sit down and dig into the life of a professional BMX bike rider Terry Adams. Outside of his many accomplishments in the stunt bike world (X-Games gold medal, appearance on Glee and Ellen, and more), Terry is also an accomplished real estate investor with some incredible strategies for building wealth. In the interview, we cover everything from investing with no money, to dealing with personal finance concerns, to mindsets, and more. This show is about to rock your world, so grab a pencil and some paper and let’s get started!In This Episode We Cover:Who Terry Adams is and what his profession entailsHow he got started in real estateThe details of his first propertyHis trailer propertyHow he finds great real estate dealsWhat you should know about finding a mentorThe ins and outs of the “BRRR” strategyWhat exactly line of credit investing isTips for dealing with banksHow your mindset affects how you invest in real estateThe details of Terry Adams’s portfolioThe secret to building wealth with the help of mentorsThe importance of knowing your net worthAnd SO much more!Links from the ShowTerry Adams on The Ellen Show (video)BiggerPockets MeetBiggerPockets ForumsBiggerPockets PodcastBooks Mentioned in this ShowSecrets of the Millionaire Mind by T. Harv EkerThe Richest Man in Babylon by George S. ClasonTweetable Topics:“There’s always a way to make it happen.” (Tweet This!)“The more I manage my money, the more money I have to manage.” (Tweet This!)“You take your other liquid asset and you invest it, because that’s how you build wealth.” (Tweet This!)Connect with TerryTerry’s InstagramTerry’s TwitterSnapchat: terryadamsbmxFacebook Fan PageTerry’s Website