Podcasts about wfl

  • 52PODCASTS
  • 121EPISODES
  • 50mAVG DURATION
  • ?INFREQUENT EPISODES
  • Jan 20, 2025LATEST

POPULARITY

20172018201920202021202220232024


Best podcasts about wfl

Latest podcast episodes about wfl

Good Seats Still Available
378.5: "Present At the Creation" - With Upton Bell [ARCHIVE RE-RELEASE]

Good Seats Still Available

Play Episode Listen Later Jan 20, 2025 125:25


[While Tim gets off the mat after a bout with a vaccine-resistant strain of the flu this week, we go back to April 2018 for this classic ARCHIVE RE-RELEASE with the pied piper of classic football history!] Upton Bell grew up at the knee of the National Football League's second-ever commissioner – his father, the legendary Bert Bell – who not only saved professional football from financial ruin in the aftermath of World War II, but also became one of its greatest innovators.  Originator of the iconic phrase “on any given Sunday,” the senior Bell created lasting contributions to the NFL, such as the first pro football draft, scheduling parity, television revenue-sharing, and sudden-death overtime. For the junior Upton, it was a priceless childhood amidst pro football's formative years – begun while watching his father draw up the league schedule each year using dominoes at the kitchen table – steeped in the personalities, lore, and economic pragmatism of a game that would ultimately dominate the American professional sports landscape like no other. In a seemingly preordained career, Upton Bell (Present at the Creation: My Life in the NFL and the Rise of America's Game) has been an owner (the wacky World Football League's Charlotte Hornets), a general manager (the NFL's New England [née AFL Boston] Patriots), a player personnel director (the 1960s NFL-dominant Baltimore Colts), and long-time sports commentator/talk radio host – remaining a true and insightful “football guy” throughout. In this very revealing conversation, Bell joins Tim Hanlon to discuss his personal and professional journey through the sport he loves; the lessons learned and insights gleaned from his unique purview into the pro game's coming-of-age era; the current state of the NFL and where it might be headed; and heretofore untold stories about the stranger-than-fiction WFL. + + +  SUPPORT THE SHOW:  Buy Us a Coffee: https://ko-fi.com/goodseatsstillavailable "Good Seats" Merch: https://www.teepublic.com/?ref_id=35106 BUY THE BOOK (AND SUPPORT THE SHOW!): Present at the Creation: My Life in the NFL and the Rise of America's Game (2017): https://amzn.to/40FW7Ww SPONSOR THANKS (AND SUPPORT THE SHOW!): Royal Retros (10% off promo code: SEATS): https://www.503-sports.com?aff=2 Old School Shirts.com (10% off promo code: GOODSEATS) https://oldschoolshirts.com/goodseats Yinzylvania (20% off promo code: GOODSEATSSTILLAVAILABLE): https://yinzylvania.com/GOODSEATSSTILLAVAILABLE   FIND AND FOLLOW: Website: https://goodseatsstillavailable.com/ Blue Sky: https://bsky.app/profile/goodseatsstillavailable.com Threads: https://www.threads.net/@goodseatsstillavailable X/Twitter: https://twitter.com/GoodSeatsStill Instagram: https://www.instagram.com/goodseatsstillavailable/ Facebook: https://www.facebook.com/GoodSeatsStillAvailable/ YouTube: https://www.youtube.com/@goodseatsstillavailable

Adafruit Industries
Trying to design a great WLED board

Adafruit Industries

Play Episode Listen Later Nov 28, 2024 3:04


While waiting for the turkey to finish brining, we're designing a board for using WLED – and we want to make like the bestest board in the whole world. Our resident mermaid, firepixie, makes a lot of projects with WLED, and she loves it! So, how can we make something that will be powerful but not too bulky? Here are some things we're thinking about as the design starts to congeal like cranberry sauce: Power via USB Type C PD with a slide switch that selects between 5, 12, and 20V (24V pixels can usually run fine at 20V) OR via a 2.1mm DC jack. With ideal diodes, it's good for up to 5A from either. ESP32-Mini module with built-in or optional wFL antenna port. The classic '32 has broad support, even if we'd prefer the ‘S2 or ‘S3. There are three output signal terminal block sets, with power and ground for each. They'll be level-shifted to 5V. Built in I2S microphone (we're still pondering this one). Stemma QT I2C port to connect external sensors/OLEDs/etc.; separate analog/digital input JST port. 1.3″x1.75″ / 33mm x 45mm size with mounting holes. Anything we're missing, anything that's extraneous? ============================ Visit the Adafruit shop online - http://www.adafruit.com ----------------------------------------- LIVE CHAT IS HERE! http://adafru.it/discord Subscribe to Adafruit on YouTube: http://adafru.it/subscribe New tutorials on the Adafruit Learning System: http://learn.adafruit.com/ ----------------------------------------- #wled #led #diy

AZ Tech Roundtable 2.0
Taxes Are Going Up - How to Grow Your Wealth using the Right Tax Buckets - AZ TRT S05 EP38 (254) 9-29-2024

AZ Tech Roundtable 2.0

Play Episode Listen Later Oct 11, 2024 24:55


  Taxes Are Going Up - How to Grow Your Wealth using the Right Tax Buckets   - AZ TRT S05 EP38 (254) 9-29-2024   What We Learned This Week: Tax Buckets, broken into 3 categories of Taxed (income), Tax deferred (401K), Tax Free (Roth) Taxes are going up – How to Move more $ into a Tax Free Position Advisors should ask Clients – Do you want to pay Taxes now when you know the rate, or Pay Taxes Later at Unknown Rate? You are always partners with the Gov't / IRS Arbitrage is Powerful in Finance – borrow cheap $ at 3%, then earn 6% controlling more Capital Wealthy like Bezos or Musk use Tax Free Loans to get Money on appreciating stock assets       Guest: Denver Nowicz, President - Wealth For Lifehttp://wealthforlife.net/   Denver Nowicz is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.       Defense – Why defense is so important, and how Insurance strategies can help. 3 to 1 Matching – one of Denver's favorite strategies thru insurance, more for upper level earners who have a long term horizon Tax Protection – Tax Buckets, broken into 3 categories of taxed (income), tax deferred (401K), tax free (Roth), understanding the differences, and where your funds are currently, and options thru insurance products to move more $ to a tax free position. We also talk about Executives, and what strategies can they use to handle taxes, investments, & retirement. The standard retirement plans (IRA, Roth IRA, 401K), what is a 401K, and the deferred tax setup in the plan (and recs take company match on 401K). We shift to why business owners have more options and benefits and what are they (Acquire assets, stocks, real estate, invest in business). The 3 Tax Buckets – income, tax deferred, tax free, and understanding the 3, and tax protection  – move more $ to the tax free position. When you have Assets – rental real estate, cash flowing business, IUL, you can use them for tax benefits. Create your own Exit Strategy as if you sold the biz you worked for, and get the benefits of 3 to 1 Linder Match. What is the strategy of Elon Musk or Jeff Bezos with Tax Free Loans?       More Info on WFL and Tax Free Matching: HERE   Previous BRT Shows w/ Denver Nowicz: Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   BRT S02 EP23 (70) 6-6-2021 – Why You Need Both Offense and Defense in Your Financial Strategy https://brt-show.libsyn.com/brt-s02-ep22-70-6-6-2021-why-you-need-both-offense-and-defense-in-your-financial-strategy           Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement     ‘Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT     Thanks for Listening. Please Subscribe to the BRT Podcast.     AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.  AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.  Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…    AZ TRT Podcast Home Page: http://aztrtshow.com/ ‘Best Of' AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

Past Our Prime
31. Bill Curry and the NFL Strike of 1974

Past Our Prime

Play Episode Listen Later Aug 5, 2024 99:44


It was the summer of '74 and the WFL was looking to compete with the NFL... only one problem... the NFL was on strike. And 6 weeks into the work stoppage the owners not only weren't interested in the players demands... neither were a bunch of the players as well. They were in need of some leadership and the great Hall of Fame Tight End and first NFLPA President John Mackey was ready to turn the control over to his teammate and friend Bill Curry. The only problem was... Bill didn't want the job. A 2-time Pro-Bowl Center and 3-time NFL Champion including Super Bowl I and V wins, Curry has a football resume that is 2nd to none. But that summer 50 years ago was a stressful time for him as the owners refused to negotiate, the players were not united, and the union was in shambles. But the cool handedness of Curry settled things, and while the players returned to the field without a deal, the foundation was set for the players to finally get a piece of the action... and then some. Curry talks about his time in Green Bay and his relationship with Vince Lombardi and his wife, Marie and how a death bed conversation with his coach changed his life. He went on to be a coach himself at Georgia Tech, Alabama and Kentucky and then capped off a football career as an analyst at ESPN. He's a thoughtful, kind and wise man who has seen it all and done it all. Now at age 81, Coach Curry looks back on a life well lived... the highs, the lows... the good, the not-so-good... the wins... and the losses. We talk about it all starting with the strike of 1974 on the Past Our Prime podcast. Learn more about your ad choices. Visit megaphone.fm/adchoices

Third Down Gamble
Quick Kicks: should not be forgotten (part two).

Third Down Gamble

Play Episode Listen Later Mar 21, 2024 36:14


Mark Speck (writer and historian) discusses the wild 1974 World Football League playoffs, the innvoations the league brought (Action Point), and those who started in the WFL and made a career elsewhere in part two; recorded February 29, 2029.

Adafruit Industries
ItsyBitsyESP32 wFL Case

Adafruit Industries

Play Episode Listen Later Feb 28, 2024 2:11


3D Print an enclosure to fit the ItsyBitsy ESP32 with a wFL antenna! https://learn.adafruit.com/itsybitsy-esp32-wfl-case With a WiFi connection, you can use CircuitPython Web Workflow to program and debug your dev board. This works great with any WiFi-enabled computer or mobile device! It's also compatible with the WLED firmware so you can build advanced lighting projects with NeoPixel LEDs! Visit the Adafruit shop online - http://www.adafruit.com ----------------------------------------- LIVE CHAT IS HERE! http://adafru.it/discord Adafruit on Instagram: https://www.instagram.com/adafruit Shop for parts to build your own DIY projects http://adafru.it/3dprinting 3D Printing Projects Playlist: https://www.youtube.com/playlist?list=PLjF7R1fz_OOWD2dJNRIN46uhMCWvNOlbG 3D Hangout Show Playlist: https://www.youtube.com/playlist?list=PLjF7R1fz_OOVgpmWevin2slopw_A3-A8Y Layer by Layer CAD Tutorials Playlist: https://www.youtube.com/playlist?list=PLjF7R1fz_OOVsMp6nKnpjsXSQ45nxfORb Timelapse Tuesday Playlist: https://www.youtube.com/playlist?list=PLjF7R1fz_OOVagy3CktXsAAs4b153xpp_ Connect with Noe and Pedro on Social Media: Noe's Twitter / Instagram: @ecken Pedro's Twitter / Instagram: @videopixil ----------------------------------------- Visit the Adafruit shop online - http://www.adafruit.com/?utm_source=youtube&utm_medium=videodescrip&utm_campaign=3dprinting Subscribe to Adafruit on YouTube: http://adafru.it/subscribe Adafruit Monthly Deals & FREE Specials https://www.adafruit.com/free?utm_source=youtube&utm_medium=videodescrip&utm_campaign=3dprinting Join our weekly Show & Tell on G+ Hangouts On Air: http://adafru.it/showtell Watch our latest project videos: http://adafru.it/latest?utm_source=youtube&utm_medium=videodescrip&utm_campaign=3dprinting 3DThursday Posts: https://blog.adafruit.com/category/3d-printing?utm_source=youtube&utm_medium=videodescrip&utm_campaign=3dprinting New tutorials on the Adafruit Learning System: http://learn.adafruit.com/?utm_source=youtube&utm_medium=videodescrip&utm_campaign=3dprinting Music by Bartlebeats https://soundcloud.com/adafruit -----------------------------------------

diy wifi 3d print adafruit wfl g hangouts on air adafruit learning system layer cad tutorials playlist bartlebeats neopixel leds
3D Printing Projects
ItsyBitsyESP32 wFL Case

3D Printing Projects

Play Episode Listen Later Feb 28, 2024 2:11


3D Print an enclosure to fit the ItsyBitsy ESP32 with a wFL antenna! https://learn.adafruit.com/itsybitsy-esp32-wfl-case With a WiFi connection, you can use CircuitPython Web Workflow to program and debug your dev board. This works great with any WiFi-enabled computer or mobile device! It's also compatible with the WLED firmware so you can build advanced lighting projects with NeoPixel LEDs! Visit the Adafruit shop online - http://www.adafruit.com ----------------------------------------- LIVE CHAT IS HERE! http://adafru.it/discord Adafruit on Instagram: https://www.instagram.com/adafruit Shop for parts to build your own DIY projects http://adafru.it/3dprinting 3D Printing Projects Playlist: https://www.youtube.com/playlist?list=PLjF7R1fz_OOWD2dJNRIN46uhMCWvNOlbG 3D Hangout Show Playlist: https://www.youtube.com/playlist?list=PLjF7R1fz_OOVgpmWevin2slopw_A3-A8Y Layer by Layer CAD Tutorials Playlist: https://www.youtube.com/playlist?list=PLjF7R1fz_OOVsMp6nKnpjsXSQ45nxfORb Timelapse Tuesday Playlist: https://www.youtube.com/playlist?list=PLjF7R1fz_OOVagy3CktXsAAs4b153xpp_ Connect with Noe and Pedro on Social Media: Noe's Twitter / Instagram: @ecken Pedro's Twitter / Instagram: @videopixil ----------------------------------------- Visit the Adafruit shop online - http://www.adafruit.com/?utm_source=youtube&utm_medium=videodescrip&utm_campaign=3dprinting Subscribe to Adafruit on YouTube: http://adafru.it/subscribe Adafruit Monthly Deals & FREE Specials https://www.adafruit.com/free?utm_source=youtube&utm_medium=videodescrip&utm_campaign=3dprinting Join our weekly Show & Tell on G+ Hangouts On Air: http://adafru.it/showtell Watch our latest project videos: http://adafru.it/latest?utm_source=youtube&utm_medium=videodescrip&utm_campaign=3dprinting 3DThursday Posts: https://blog.adafruit.com/category/3d-printing?utm_source=youtube&utm_medium=videodescrip&utm_campaign=3dprinting New tutorials on the Adafruit Learning System: http://learn.adafruit.com/?utm_source=youtube&utm_medium=videodescrip&utm_campaign=3dprinting Music by Bartlebeats https://soundcloud.com/adafruit -----------------------------------------

diy wifi 3d print adafruit wfl g hangouts on air adafruit learning system layer cad tutorials playlist bartlebeats neopixel leds
Cruising With Kayfabe
Wrestling Fantasy League

Cruising With Kayfabe

Play Episode Listen Later Feb 18, 2024 58:29


Ahoy!you have heard of fantasy football, you have heard of fantasy sports in general but who has heard of a Wrestling Fantasy league? Well Join Emily and Mongo as they sit down and chat with Sue and Rob the creators, founders and some same Game Masters of the WFL the Wrestling Fantasy League! Entering its 34th season the game allows the players to pick wrestlers for their rosters and wins, blood, and titles count torwards points! Losses and setbacks can also cost you points! listen to this great concept and maybe gear up to join us for season 35! Thats right Emily and Mongo jumped in the WFL and plan to take the top prize!For a full episode archive (AD FREE) and exclusive content visit CWKPOD.COMMake sure and follow the show and leave us a 5 Star Frog Splash of a review!Be sure to Follow us on all of our socials @CruisingwithKayfabe on Facebook and Instagram, @ItsMongo and @CruisingWithKayfabe_Emily on TikTok. Visit Dubby Energy at https://www.dubby.gg/discount/Mongo?ref=TokPgWhTYa3YrX and use promo code "MONGO" to save 10% on all orders all the time!Special Thanks to friends of the show the Undone for letting us use their song Miss Fortune! Now available to stream or purchase on Apple, Amazon Music & Spotify. For more information visit https://wearetheundone.com/ and make sure to give them a follow!

Past Our Prime
6. Super Agent Leigh Steinberg

Past Our Prime

Play Episode Listen Later Feb 12, 2024 70:58


In the February 11, 1974 issue of Sports Illustrated, the WFL was making a move on the NFL, and the draft was their target. One year later, a 25-year old Leigh Steinberg entered the sports world when his UC-Berkeley friend Steve Bartkowski was the #1 overall pick of the NFL Draft and asked Leigh to be his agent... and with that, the door was opened for Leigh's incredible career. A record 8 times he has represented the top pick in the NFL Draft... and his clients include a who's who of NFL all-time greats from Warren Moon, Steve Young and Troy Aikman to Patrick Mahomes. We'll talk with Leigh about the impact he and his clients have made, his time as student body president and how Ronald Reagan influenced him in negotiating with both the NFL & WFL, being the character the fantastic film Jerry Maguirre is based on, and being 13 years sober. It's a great hour from one of the first Sports Agents ever. Learn more about your ad choices. Visit megaphone.fm/adchoices

CFL America Radio
From the 55 Yardline, A Conversation With Mark Speck, World Football League Historian

CFL America Radio

Play Episode Listen Later Feb 1, 2024 115:13


From the 55 Yard Line is part of the Sports History Network - The Headquarters For Sports Yesteryear. EPISODE SUMMARY Greg and Dave spend a morning (Japan)/evening (America) with Pro Football Researchers Association member and World Football League historian Mark Speck. Mark is the foremost expert on the defunct league and has written four books and counting on the league and two of the league's more unique franchises, the Detroit Wheels and Florida Blazers. The conversation runs the gambit from a story of stolen player identity, the legend of King Corcoran, the fabled Hawaiians, and much more! You can find all of Mark's books for purchase on Amazon, and also connect with he and other WFL experts over at the WFL Project on Facebook, and the Florida Blazers page, also on Facebook. Mark also previously appeared on the sports history podcast "Good Seats Still Available," with friend of the show Tim Hanlon, at Good Seats Still Available, the episode of which is a must listen! FROM THE 55 YARD LINE BACKGROUND From the 55 Yardline is anchored by former rugby player and sports executive David Cieslinski, who resides near the Canadian border, and retired naval intelligence and information warfare officer Greg St. James, who resides in Japan (he is also the co-host of the Gridiron Japan podcast). Both are avid armchair sports historians and sports simulation enthusiasts, who, despite the vastness of geography, have found a way to leverage technology to help keep the games they love truly alive, both on the screen and on the internet airwaves. In addition to Dave and Greg, From the 55 Yardline also features veteran journalist and contributor Fran Stuchbury, of https://OurSportsCentral.com, where he writes extensively on the happenings in minor league sports. The show was previously co-hosted by retired sports journalist Scott Adamson, whose continued writings. sports coverage and articles can be found at https://www.Adamsonmedia.com.  David, Greg, and Fran can be contacted directly via the podcast's Twitter account at https://www.twitter.com/Fromthe55.

XFL America Radio
From the 55 Yardline, A Conversation With Mark Speck, World Football League Historian

XFL America Radio

Play Episode Listen Later Feb 1, 2024 115:13


From the 55 Yard Line is part of the Sports History Network - The Headquarters For Sports Yesteryear. EPISODE SUMMARY Greg and Dave spend a morning (Japan)/evening (America) with Pro Football Researchers Association member and World Football League historian Mark Speck. Mark is the foremost expert on the defunct league and has written four books and counting on the league and two of the league's more unique franchises, the Detroit Wheels and Florida Blazers. The conversation runs the gambit from a story of stolen player identity, the legend of King Corcoran, the fabled Hawaiians, and much more! You can find all of Mark's books for purchase on Amazon, and also connect with he and other WFL experts over at the WFL Project on Facebook, and the Florida Blazers page, also on Facebook. Mark also previously appeared on the sports history podcast "Good Seats Still Available," with friend of the show Tim Hanlon, at Good Seats Still Available, the episode of which is a must listen! FROM THE 55 YARD LINE BACKGROUND From the 55 Yardline is anchored by former rugby player and sports executive David Cieslinski, who resides near the Canadian border, and retired naval intelligence and information warfare officer Greg St. James, who resides in Japan (he is also the co-host of the Gridiron Japan podcast). Both are avid armchair sports historians and sports simulation enthusiasts, who, despite the vastness of geography, have found a way to leverage technology to help keep the games they love truly alive, both on the screen and on the internet airwaves. In addition to Dave and Greg, From the 55 Yardline also features veteran journalist and contributor Fran Stuchbury, of https://OurSportsCentral.com, where he writes extensively on the happenings in minor league sports. The show was previously co-hosted by retired sports journalist Scott Adamson, whose continued writings. sports coverage and articles can be found at https://www.Adamsonmedia.com.  David, Greg, and Fran can be contacted directly via the podcast's Twitter account at https://www.twitter.com/Fromthe55.

From the 55 Yard Line
A Conversation With Mark Speck, World Football League Historian

From the 55 Yard Line

Play Episode Listen Later Jan 31, 2024 117:10


From the 55 Yard Line is part of the Sports History Network - The Headquarters For Sports Yesteryear.EPISODE SUMMARYGreg and Dave spend a morning (Japan)/evening (America) with Pro Football Researchers Association member and World Football League historian Mark Speck. Mark is the foremost expert on the defunct league and has written four books and counting on the league and two of the league's more unique franchises, the Detroit Wheels and Florida Blazers. The conversation runs the gambit from a story of stolen player identity, the legend of King Corcoran, the fabled Hawaiians, and much more! You can find all of Mark's books for purchase on Amazon, and also connect with he and other WFL experts over at the WFL Project on Facebook, and the Florida Blazers page, also on Facebook.Mark also previously appeared on the sports history podcast "Good Seats Still Available," with friend of the show Tim Hanlon, at Good Seats Still Available, the episode of which is a must listen!FROM THE 55 YARD LINE BACKGROUNDFrom the 55 Yardline is anchored by former rugby player and sports executive David Cieslinski, who resides near the Canadian border, and retired naval intelligence and information warfare officer Greg St. James, who resides in Japan (he is also the co-host of the Gridiron Japan podcast). Both are avid armchair sports historians and sports simulation enthusiasts, who, despite the vastness of geography, have found a way to leverage technology to help keep the games they love truly alive, both on the screen and on the internet airwaves. In addition to Dave and Greg, From the 55 Yardline also features veteran journalist and contributor Fran Stuchbury, of https://OurSportsCentral.com, where he writes extensively on the happenings in minor league sports.The show was previously co-hosted by retired sports journalist Scott Adamson, whose continued writings. sports coverage and articles can be found at https://www.Adamsonmedia.com. David, Greg, and Fran can be contacted directly via the podcast's Twitter account at https://www.twitter.com/Fromthe55.

AZ Tech Roundtable 2.0
Magnificent 7 & Tech Stocks – Wealth for Life - AZ TRT S05 EP03 (218) 1-21-2024

AZ Tech Roundtable 2.0

Play Episode Listen Later Jan 26, 2024 28:04


Magnificent 7 & Tech Stocks – Wealth for Life AZ TRT S05 EP03 (218) 1-21-2024   What We Learned This Week: Magnificent 7 - new hottest tech stocks all should own: FB, APPL, AMZN, NVDA, TSLA, MSFT, GOOG FAANG Stocks - *past hot list: FB, Apple, Amazon, Netflix & Google Top Tech Stocks were 30% of the S&P Index Weighted Average Tech Stocks - AI, Cloud, Chips Zombie Co‘s - too much debt service, no growth Interest Rates - how this affects stock prices   Co-Host: Denver Nowicz, President - Wealth For Life   https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.         Notes: Here are some reference notes for the topics about the market being discussed in this podcast.   Indexes – over the last year Dow - 38K, up from 33K Jan. 2023 – up 12% S&P - 4900, up from 4000 Jan. 2023 – up 18%+ NASDAQ – 17.5K, up from 11.9K Jan. 2023 – up 30%+     Top 25 Components by Market Cap by Investopedia Because the exact weightings of the top 25 components are not available from S&P directly, the weightings below are from the SPDR S&P 500 Trust ETF (SPY). SPY is the oldest exchange-traded fund (ETF) that tracks the S&P 500 and holds $406.6 billion in assets under management (AUM) as of Sept. 20, 2023, and is highly traded.9 As a result, the SPY's portfolio weightings provide a good proxy for investing in the underlying S&P 500 index, although the two may not be exactly the same. As of Sept. 21, 2023, the following are the 25 largest S&P 500 index constituents by weight: Top10 = est. 30% of S&P Apple (AAPL): 7.05% Microsoft (MSFT): 6.54% Amazon (AMZN): 3.24% NVIDIA (NVDA): 2.79% Alphabet Class A (GOOGL): 2.13% Tesla (TSLA): 1.95% Alphabet Class C (GOOG): 1.83% Berkshire Hathaway (BRK.B): 1.83% Meta (META), formerly Facebook, Class A: 1.81% UnitedHealth Group (UNH): 1.28%   Magnificent Seven Stocks Performance – from Investors.com Company Name Symbol 2023 YTD Performance Alphabet (GOOGL) +50% Amazon (AMZN) +79% Apple (AAPL) +52% Meta Platforms (META) +178% Microsoft (MSFT) +55% Nvidia (NVDA) +235% Tesla (TSLA) +106% Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. The Magnificent Seven stocks are among the best stocks to buy and watch in the stock market today.s Ali Coram Justin Niel Due to their outsized market capitalizations, Magnificent Seven stocks hold a disproportionate influence on the market-cap weighted Nasdaq composite and S&P 500 indexes.     What are FAANG Stocks? – from Corporate Finance Institute FAANG stocks are the publicly traded stocks of U.S. technology giants Facebook, Amazon, Apple, Netflix, and Google. They are among the best-performing technology and most well-known companies in the world. Currently, the combined market value of FAANG exceeds $3 trillion. It accounts for almost 10% of the U.S. stock market's total market capitalization of $31 trillion. The price movement of FAANG stocks impacts the entire market, affecting even investors who do not own FAANG stocks. All the companies are traded on the NASDAQ Stock Market. In addition, the FAANG stocks are part of the S&P 500 Index, which includes the 500 largest publicly-traded companies by market capitalization traded on the NYSE or NASDAQ.   Tech Stock examples by field –   AI Stocks Nvidia - NVDA Cisco - CSCO Arista Networks - ANET Google - GOOG Microsoft - MFST Amazon - AMZN Cloudfare NET Broadcom - AVGO Palantir - PLTR     Chip – Semi Stocks (from money.usnes.com) SEMICONDUCTOR STOCK IMPLIED UPSIDE AS OF JAN. 9 CLOSING PRICE NXP Semiconductors NV (NXPI) 22.8% Qualcomm Inc. (QCOM) 14.4% Monolithic Power Systems Inc. (MPWR) 26.3% Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) 9.9% Nvidia Corp. (NVDA) 21.7% ON Semiconductor Corp. (ON) 42.8% Advanced Micro Devices Inc. (AMD) 8.5%     Cybersecurity Stocks - via Investors.com HACK – ETF of Cybersecurity Stocks Crowdstrike - CRWD Palo Alto - PANW Fortinet - FTNT Zscaler - ZS Checkpoint - CHKP Cisco - CSCO   More from Investors.com: HERE     'Zombie' Companies already make up 11.5% of U.S. listed stocks Provided by Morningstart via Dow Jones Oct 31, 2023  By Joy Wiltermuth   Investors should brace for more bankruptcies About 11.5% of listed U.S. stocks already belong to a large network of "zombie" companies that have consistently earned less than they owe in interest costs, according to a tally from Glenmede. While that might not sound ideal, higher bond yields or a recession could make a potentially ugly situation for investors even worse. "The combination of rising borrowing costs and heightened recession risks could begin to tip zombie companies into bankruptcy," a team led by Jason Pride, chief of investment strategy and research at Glenmede, wrote in a Tuesday client note. Stocks, unlike bonds, often are at risk of seeing their entire value wiped out if a company files for bankruptcy. Recessions also tend to shake out smaller and weaker companies with high debt loads, in part because funding from Wall Street can dry up. The Glenmede strategy team arrived at their zombie figure by looking at the share of companies in the Russell 3000 index RUA whose earnings before interest, taxes, depreciation and amortization didn't meet their interest costs in the past three years. While off peak levels in the wake of the pandemic, the chart suggests an elevated risk of public U.S. companies vulnerable to collapse.       Dogs of the Dow – from NASDAQ.com The 2024 Dogs of the Dow STOCK DIVIDEND YIELD RANK IN 2023 Walgreens 7.21% 4 Verizon 7.13% 1 3M 5.52% 5 Dow Inc. 5.03% 2 IBM 4.06% 6 Chevron 3.98% 9 Amgen 3.14% 7 Coca-Cola (NYSE: KO) 3.13% - Cisco Systems 3.09% 8 Johnson & Johnson (NYSE: JNJ) 3.04% -   Data source: DogsoftheDow.com   The basics of the Dogs of the Dow strategy Many investors love the Dogs of the Dow because it's so easy to follow. All you have to do is look which 10 stocks among the 30 Dow Jones Industrials components have the highest dividend yield on the last day of the year. Then, invest an equal amount in each of those 10 top-yielding stocks, and hold those investments through the end of the subsequent year. When the end of the year comes, you can either abandon the Dogs of the Dow strategy entirely, or you can repeat it for the following year. If you choose to stick with the Dogs of the Dow, you'll just need to rebalance to account for relative performance of the 10 stocks, along with replacing any stocks whose yields have fallen below the threshold for Dogs of the Dow eligibility with those whose yields have risen sufficiently to take their place.         More Info on WFL and Tax Free Matching: HERE   Wealth For Life Topic:  HERE   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing   Tech Topic: HERE   ‘Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT      Thanks for Listening. Please Subscribe to the BRT Podcast.     AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.  AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.  Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…    AZ TRT Podcast Home Page: http://aztrtshow.com/ ‘Best Of' AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/     Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

CFL America Radio
From the 55 Yardline- Present at the Creation, with Upton Bell

CFL America Radio

Play Episode Listen Later Jan 13, 2024 121:36


In part one of the podcast (apologies in advance for the audio quality due to a bad undersea cable), Greg sits down with the legendary Upton Bell, former NFL executive with both the '60s era Baltimore Colts and '70s era New England Patriots, owner of the Charlotte Hornets of the WFL, Boston media personality, author, and scion of the famous Bell family, whose grandfather helped found the NCAA, and whose father, Bert Bell served as the commissioner of the NFL from 1946 through 1959. Commissioner Bell's influence on professional football is still felt today, from the NFL draft to the league's cultural dominance, and Upton is a living legacy who has crossed paths with nearly everyone in the world of professional football, including Vince Lombardi, Johnny Unitas, Don Shula and Howard Cosell (who Greg forgot to ask him about). Part two of the podcast begins around the 1:20 mark, in which Dave, Greg, and OurSports Central contributor, Fran Stuchbury, talk NFL playoffs, indoor football and women's hockey. To learn more about Upton Bell's life and career, please read his book, check out his website, and explore his collections at the University of Massachusetts Amherst and the University of Massachusetts Lowell. He can also be found on Twitter where he is very active and provides running commentaries on sports, politics and life.

XFL America Radio
From the 55 Yardline- Present at the Creation, with Upton Bell

XFL America Radio

Play Episode Listen Later Jan 13, 2024 121:36


In part one of the podcast (apologies in advance for the audio quality due to a bad undersea cable), Greg sits down with the legendary Upton Bell, former NFL executive with both the '60s era Baltimore Colts and '70s era New England Patriots, owner of the Charlotte Hornets of the WFL, Boston media personality, author, and scion of the famous Bell family, whose grandfather helped found the NCAA, and whose father, Bert Bell served as the commissioner of the NFL from 1946 through 1959. Commissioner Bell's influence on professional football is still felt today, from the NFL draft to the league's cultural dominance, and Upton is a living legacy who has crossed paths with nearly everyone in the world of professional football, including Vince Lombardi, Johnny Unitas, Don Shula and Howard Cosell (who Greg forgot to ask him about). Part two of the podcast begins around the 1:20 mark, in which Dave, Greg, and OurSports Central contributor, Fran Stuchbury, talk NFL playoffs, indoor football and women's hockey. To learn more about Upton Bell's life and career, please read his book, check out his website, and explore his collections at the University of Massachusetts Amherst and the University of Massachusetts Lowell. He can also be found on Twitter where he is very active and provides running commentaries on sports, politics and life.

From the 55 Yard Line
Present at the Creation, with Upton Bell

From the 55 Yard Line

Play Episode Listen Later Jan 12, 2024 124:03


In part one of the podcast (apologies in advance for the audio quality due to a bad undersea cable), Greg sits down with the legendary Upton Bell, former NFL executive with both the '60s era Baltimore Colts and '70s era New England Patriots, owner of the Charlotte Hornets of the WFL, Boston media personality, author, and scion of the famous Bell family, whose grandfather helped found the NCAA, and whose father, Bert Bell served as the commissioner of the NFL from 1946 through 1959. Commissioner Bell's influence on professional football is still felt today, from the NFL draft to the league's cultural dominance, and Upton is a living legacy who has crossed paths with nearly everyone in the world of professional football, including Vince Lombardi, Johnny Unitas, Don Shula and Howard Cosell (who Greg forgot to ask him about). Part two of the podcast begins around the 1:20 mark, in which Dave, Greg, and OurSports Central contributor, Fran Stuchbury, talk NFL playoffs, indoor football and women's hockey.To learn more about Upton Bell's life and career, please read his book, check out his website, and explore his collections at the University of Massachusetts Amherst and the University of Massachusetts Lowell. He can also be found on Twitter where he is very active and provides running commentaries on sports, politics and life.

AZ Tech Roundtable 2.0
Best of Investing 2023 AZ TRT - S04 EP47 (210) 11-26-2023

AZ Tech Roundtable 2.0

Play Episode Listen Later Nov 30, 2023 56:44


Best of Investing 2023 AZ TRT S04 EP47 (210) 11-26-2023   What We Learned This Week:   Drew Niv on markets, Risk & Oil   Denver Nowicz of Wealth for Life on Taxes   Steve Zabilski of Piper Trust on Non Profits   Greg Talcott of Caliber Funds on Real Estate Investing & Opportunity Zones   Bryan McLaren of Zoned Properties on Specialized Cannabis Real Estate   Bob DeLean of Arizona Tech Investors & valuations   Rohan on Tech Stocks and careers       Seg. 1 – Clips From:   Assets, Interest Rates & Bubbles - Market Recap for 2022 w/ Drew Niv BRT S04 EP02 (164) 1-8-2023 What We Learned This Week Assets – Valuations have gone down, forces Investors to evaluate the worth of an Asset, Risk / Reward analysis, no more ‘free' money Interest Rates – Don't Fight The Fed, raising rates to lower value of assets Market Risk – can get Treasury Bills at 4 – 5%, risk-free, need good ROI to invest in stocks with 10 – 20% downside risk Oil Commodities – demand is up, supply is down, Gov't will keep the price of oil at $70 / barrel Bubbles / Crypto – does not have good utility, market has collapsed, Bitcoin & Ethereum will survive, has use, plus the Black Market   Guest: Drew Niv, Trader Tools & former Forex Trader LKIN: https://www.linkedin.com/in/drew-niv-123812160/ Drew Niv had a 20 year career in trading and FX (currency) markets. He founded one of the largest Forex trading companies on Wall Street, took it public (IPO), managed hundreds of staff, and oversaw $ billions in daily trading. Currently he runs a bank software company called Trader Tools, that specializes in FX markets. - https://www.tradertools.com/ Drew Niv is a Strategic, Technology Savvy, and Detail-Oriented Board Member and Global Business Executive with a history of award-winning performance as a visionary leader. Founded company that disrupted the FX industry, resulted in retail FX becoming a major factor of the global FX market. Developed breakthrough technology that enabled customers to transact spot FX at 70–90% less cost than the largest exchanges and ECNs. He has forged strategic partnerships with 1,000 institutional customers, including major hedge funds, all large banks, and other brand name financial institutions, both domestically and globally. Drew possess a unique understanding of market microstructure - the inner plumbing of trade matching, how technology intersects with business, and how to grow a business from a small startup through an IPO. Well versed in managing through a crisis and positioning a mature business to meet the unique challenges of a shrinking industry. Experienced in software product development; able to design and build trading software that people want to use; and experienced in managing a diverse, international workforce remotely.   Full Show: HERE   Related Show: HERE Market Cycles, Risk, & Ben Graham's Intelligent Investor - Finance Lessons from BRT BRT S04 EP29 (192) 7-23-2023   What We Learned This Week:     Mean Reversion & Market Cycles – Asset prices do not go up forever, but rather fluctuate Assets – Valuations have gone down, forces Investors to evaluate the worth of an Asset, Risk / Reward analysis, no more ‘free' money Interest Rates – Don't Fight The Fed, raising rates to lower value of assets Market Risk – can get Treasury Bills at 4 – 5%, risk-free, need good ROI to invest in stocks with 10 – 20% downside risk Wealthy own Assets, Business, Real Estate, Stocks are the best and most popular The Intelligent Investor Ben Graham's teaching, and seminal investing book - Ch. 8 on Mr. Market, & Ch. 20 on Margin of Safety     Seg. 2 – Clips From:   Wealth for Life – Own a Business, the Best Asset to Grow Wealth BRT S04 EP06 (168) 2-5-2023 Things We Learned This Week •          Wealthy use Different Strategies – how they approach investing, business, opportunities, tax strategy •          You're not going to get rich investing in stock, if you have a $50k / year salary, not saving & investing enough $ •          Wealthy own Assets, Business, Real Estate, Stocks •          Tax Strategy needed when you Earn $250K +, more income, more taxes •          Loans – using leverage is the key to Tax Free Income – put more $ money into investments •           Offense / Defense – segment Assets into categories, create income from Assets     Co-Host: Denver Nowicz, President - Wealth For Life   https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Full Show: HERE   Running a Non-Profit Charity The Piper Trust w/ Steve Zabilski - BRT S04 EP27 (190) 7-9-2023 What We Learned This Week: Virginia G. Piper Trust - Virginia & husband Bob Galvin (founder Motorola) created in 2000 Charity Grants application process Investment to grow Trust Fund of $400m Phx Dream Ctr staff are largely made up of former victims giving back St Vincent helps the Homeless Population In Phx A for Arizona celebrates educators Guest: Stephen J. Zabilski, President & CEO https://pipertrust.org/about-us/officers-and-staff/ As President and CEO, Steve Zabilski leads Virginia G. Piper Charitable Trust's mission to enrich health, well-being, and opportunity for the people of Maricopa County. Steve joins Piper Trust as its fourth CEO after providing more than 17 years of dedicated service as a Trustee and member of the organization's Investment and Audit Committees. For the past 25 years, Steve served as CEO of the Society of St. Vincent de Paul—Phoenix Diocesan Council. His decades of private sector experience, coupled with his talent to lead with compassion and humility, continue to make an indelible mark on this community. Steve's ability to bring people together and catalyze the strengths of thousands of Vincentians, volunteers, employees, and donors significantly advanced the mission and services of St. Vincent de Paul.     Full Show: HERE     Seg. 3 – Clips From:   Investing in Real Estate Opportunity Zones w/ Greg Talcott of Caliber Funds AZ TRT S04 EP42 (205) 10-22-2023   What We Learned This Week Caliber Co is an integrated real estate company from service to construction to investment funds The biggest idea in funds right now is Opportunity Zones - investing in below medium income areas Caliber deals can last 5+ years, with an IRR of 17% Caliber has great lenders to get good interest rates, they fund deals 50/50 - loan to equity Location - always looking for great properties w/ community to support biz + other real estate building   Guest: Greg Talcott, Managing Director of Sales LKIN: https://www.linkedin.com/in/gregorytalcott/   Article on Greg: HERE Experienced sales executive with a demonstrated history of working in the venture capital and private equity industry. Skilled in Securities, Asset Management, Investment Strategies, Equities, Real Estate, and Financial Advisory. Strong media and communications professional, expertise in digital marketing to niche networks such as ultra high net worth individuals. BS focused in Law & Political Science from Arizona State University.   https://caliberfunds.co/  https://www.caliberco.com/ Real Estate Investment Experts   Caliber is a leading vertically integrated asset management firm whose primary goal is to enhance the wealth of investors seeking to make investments in middle-market assets. We strive to build wealth for our investor clients by creating, managing, and servicing proprietary products, including middle-market investment funds, private syndications, and direct investments. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities. We market our services through direct sales to private investors, wholesaling to investment advisers, direct sales to family offices and institutions, and through in-house client services. Caliber's middle-market specialty allows the Company to compete with agility and speed in an evolving arena of alternative investments.   Full Show: HERE       Specialty Cannabis & Prop Tech Real Estate Services w/ Bryan McLaren of Zoned Properties - BRT S04 EP22 (185) 6-4-2023     What We Learned This Week Zoned Properties specializes in Cannabis related Real Estate There is High consumer demand for cannabis, it exists already, do not need to create it Cannabis dispensaries are in the retail asset class of real estate. Also called - Direct to Consumer real estate. Many of the past myths & propaganda about Cannabis on crime and other societal issues were wrong. Property values never went down. Cannabis is a $50-$70 billion projected sales industry, w/ a $200 billion Economic Impact Zoned Properties Tech Division and SaaS software may be the biggest part of the company in the future    Guest: Bryan McLaren, Chairman & CEO of Zoned Properties https://zonedproperties.com/about-zoned-properties/ https://www.linkedin.com/in/bryanmclaren/   Bryan McLaren is Chairman and CEO of publicly traded Zoned Properties (ZDPY). As a certified and licensed realtor, Green Roof Professional,  LEED Green Associate, and former City Sustainability Commissioner, Bryan has navigated state regulatory programs for cannabis commercial real estate in over ten markets for over 100 development projects.  Zoned Properties®, Inc. (OTCQB: ZDPY), a strategic real estate development firm whose primary mission is to provide real estate and sustainability services for the regulated cannabis industry, positioning the company for property acquisitions and revenue growth. They recently announced the market launch of its partnership with dispensary retail franchisor (The Open Dør). Zoned Properties invests in OpenDor with franchise model in cannabis using inspiration from McDonald's as an example & model.   Full Show: HERE     Seg. 4 – Clips From:   Arizona Tech Investors w/ Bob DeLean AZ TRT S04 EP46 (209) 11-19-2023   What We Learned This Week ATI - Arizona-based investors committed to supporting capital needs of early stage high growth technology driven companies within Arizona Applicants for Funding need to Answer many Q's What Problem does your Product Solve? Who is your Competition? How Big is the Market? Who are Your Advisors? What is the Business Plan? Sales Plan? Building a Company takes longer than you think, & costs more $ than you expect   Guest: Bob DeLean, Executive Director of Arizona Tech Investors LKIN: HERE https://arizonatechinvestors.com/about-us/leadership/ Bob DeLean has been an investor with ATI for more than 11 years and currently serves as the organization's Chairman. He spent eight years as a Senior Equity Analyst with Morgan Keegan & Co., Inc., a wealth management and capital market firm. It's now part of Raymond James Financial Inc. Since moving back to Arizona in 2004, Bob has made 28 angel investments in early-stage and startup companies, the majority being based in Arizona. Bob is an outdoors enthusiast who enjoys road trips and spending time in nature. Full Show: HERE     The Brains of the Tech Industry - Semiconductors w/ Rohan AZ TRT S04 EP40 (203) 10-8-2023   Things We Learned This Week Semiconductors (Microchips) are in so many of the common everyday devices people use: cell-phones, tablets, laptops, cars, TVs, fridge, etc Valuation of Pay in Tech Jobs - combo of salary, bonus, benefits, stock options & growth potential Carbon Neutral is the eco-goal of many tech co's & Gov't by 2050, will require R&D, new materials Tech Talk & the Future.... AI, Turing Test, Recommendation Model, Moore's Law, & more   Full Show: HERE       More Info on WFL and Tax Free Matching: HERE   Wealth For Life Topic:  HERE   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing   Tech Topic: HERE   ‘Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT      Thanks for Listening. Please Subscribe to the BRT Podcast.     AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.  AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.  Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…    AZ TRT Podcast Home Page: http://aztrtshow.com/ ‘Best Of' AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/     Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

Good Seats Still Available
322: The New York Cosmos' "Pelé Years" - With Charles Cuttone

Good Seats Still Available

Play Episode Listen Later Oct 23, 2023 91:17


Veteran New York-based sports writer/public relations pro Charles Cuttone has seen just about everything in his nearly 50 years of promoting professional sports across the Gotham sports scene - dating all the way back to 1974 as a fresh-faced elementary school intern with the World Football League's ill-fated New York Stars. While the WFL gig (and team, for that matter) didn't last long, it was his next experience that following spring - with a rag-tag but ambitious pro soccer outfit called the New York Cosmos - that both solidified a budding career interest in sports PR, and yielded a ring-side seat to one of the most indelible stories in 1970s sports history. In his new book "Pelé, His North American Years: A Tribute" - visually co-created with the exquisite imagery of legendary sports photographer George Tiedemann - Cuttone recounts the three-season, two-and-a-half-year phenomenon known as Pelé - and how the world's then-greatest player (and arguably, most famous athlete) transformed not only a earnest club and its backwater league, but also a "foreign" game into the mainstream consciousness of American sports. + + + SPONSOR THANKS: Old School Shirts (promo code: GOODSEATS):  oldschoolshirts.com/goodseats DraftKings Sportsbook (promo code: GOODSEATS): https://myaccount.draftkings.com/login    BUY/READ EARLY & OFTEN: Pelé, His North American Years: A Tribute (2023): https://amzn.to/3tLxmKD   FIND & FOLLOW: Website: https://goodseatsstillavailable.com/ Twitter: https://twitter.com/GoodSeatsStill Instagram (+ Threads): https://www.instagram.com/goodseatsstillavailable/ Facebook: https://www.facebook.com/GoodSeatsStillAvailable/ YouTube: https://www.youtube.com/@goodseatsstillavailable

AZ Tech Roundtable 2.0
Rethinking What is an Asset - AZ TRT S04 EP39 (202) 10-1-2023

AZ Tech Roundtable 2.0

Play Episode Listen Later Oct 5, 2023 16:25


Rethinking What is an Asset AZ TRT S04 EP39 (202) 10-1-2023     What We Learned This Week: Knowledge as an Asset    Industry You Work in as an Asset     Your Network as an Asset    Leverage as an Asset     Focus as an Asset    Traditional Investment Assets – Appreciating vs Harvesting           Notes: Asset - a useful or valuable thing, person, or quality.   Knowledge as an Asset  Having a particular skill, and knowing how to solve unique and hard problems can be invaluable. If you're an employee or a consultant, you could charge more for your services. Likewise, if you are well-versed in your industry and you know the right contacts on how to solve problems this can also be very valuable. Your knowledge and expertise creates value. Tony Robbins quote – ‘You get paid for the value you provide.' If people see you as someone with the answers then you are now in demand. You become the trusted advisor in the net work, your status is raised, and hence you can charge more. The knowledge could be of key contacts, can be information, or key expertise. Bottom line, if you solve people's problems, you become very valuable to them.   The Industry you Work In as an Asset  Is the industry you are in, ascending or descending? Technology has been called deflationary because over the last 40 years it has gone up, from income, to salaries, and to stock prices. By contrast if you were a worker on a manufacturing line you have likely been replaced by automation and robots. If you have chosen a career in a growing industry, rising tide raises all boats. You could have great success and opportunities for promotion because the industry is ‘on fire'. When choosing careers, you look for industries are trending up   Your Network as an Asset  The old adage - your network is your net worth. Knowing the right people and having good contacts can be a game changer in almost any industry. ‘You are the average of the five people you spend the most time with'. – Jim Rohm  This could be a good mentor or a coach helping your career. This could be a manager or boss who champions you and helps you advancing your career. This could be good professional contacts that help refer business, or can provide funding. Also, your advisory group who helps you with key decisions and business ideas. You want to be the dumbest person in a room. If you associate with successful people then you have the potential to be successful. Again, rising tide raises all boats.   Leverage as an Asset If you know how to use leverage - to get more done with less, this can be very valuable. If you can get more done in less time, or outsized returns with less resources this helps to scale wealth and businesses over time.  An example of this is using technology to leverage your time, your schedule, and your output. Numerous apps and software programs can save people hours per week and lots of time over 1 year to 5 years.  Leverage could come in the form of a business loan used to grow your business faster to make better returns. Leverage could be an example of either employees work for you or a virtual assistant who helps save you time so you can focus on your core job.   Focus as an Asset   Understanding what you are good at, and what your skills can give it the most value.  Understanding what industry you are in and how you can help people. Focusing on these core skills, doing only a few things, but you do them very well. It's this focus, and being the best with one thing can be quite valuable.  Diversifying too much in your career can be unfocused, and scattered. Typically if someone needs help they want to hire the best person for the job. Someone who is an expert in that particular field, that they need help.    Bonus - Traditional Investment Assets  How to evaluate, and value investable assets.   Clip from: Assets – Appreciating vs. Harvesting - BRT S03 EP26 (125) 6-17-2022 – Wealth for Life   Things We Learned This Week Appreciating Asset – buy low, sell high, buy an asset and hope it goes up in value – ie Stocks,, Gold, Art, Real Estate, Crypto Harvesting Assets – Assets that give off income, or cash flow - ie  Real Estate rental property, owning a business, dividend stocks, REITs, etc. Stock market is not Efficient at capturing gains, have to sell at the right time to gain the value of the asset – harvesting Assets can also appreciate while giving off income Assets act as a hedge vs. inflation - money sitting in cash, loses value to inflation, purchase an asset that goes up in value more than inflation. Past – people had pensions, savings, & social security to rely on, today have to create your own retirement plan – use Tax Buckets and move money into a long term Tax Free position     Co-Host: Denver Nowicz, President - Wealth For Life   https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.     Assets – Appreciating vs. Harvesting   Assets: Appreciating vs. Harvesting   There are many different Assets you can invest in. Common asset classes are Stocks, Bonds, Gold & Real Estate. There are Alternative assets like Crypto, Art, Private Equity, etc. The classic idea is you  buy an asset as an investment with the idea it will appreciate over time so it is worth more when you sell it.  Buy low, sell high. It also may act as a hedge vs inflation. Instead of having your money sit in cash, and lose money to inflation, you purchase an asset that goes up in value more than inflation. What is rarely discussed is the concept of Appreciating Assets vs. Harvesting Assets. What's the difference? Appreciating Assets are the assets mentioned above, where the plan is to buy low, wait for the appreciation, then sell high. You do not capture the gains until you sell. You gain value on paper, but if you wait too long to sell, you could miss the appreciation. Likewise if they lose value but you do not sell, then only a paper loss.  Stocks are a classic example. 'If I just sold last month, I would have made 25%, instead of 15%.' You have to time it right. Other examples are Gold, Art, most Crypto, certain types of Real Estate (Land for example with nothing build on it yet).  These assets are only valuable when they appreciate, and if you sell at the right time.  Harvesting Assets are assets that get interest, or give off profits, or cash flow. You are able to capture some of the gains from the asset.  Examples are: Rental Real Estate - get rental income, plus expense write offs, plus depreciation *** Bonds - collect interest during the term, and receive the full value if held the entire term *** Dividend Stocks - receive payments quarterly from the co. *** REITs - pays out 90% of income as dividends to investors *** Crypto that is Staked - receive interest payments while staking *** Covered Call Options - collecting premium on stocks you own, by renting them out *** Business - that is profitable, and gives off cash flow Index Life Insurance - receive credited interest during the term *** Asset value can go up or down in the holding period In fact many of the above Harvesting examples can all be both Appreciating and Harvesting Assets: Rental Real Estate, Bonds, Dividend Stocks, REITs, Cash Flowing Business, Index life Insurance, etc.   Full Show: HERE         More Info on WFL and Tax Free Matching: HERE   Wealth For Life Topic:  HERE   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing     ‘Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT      Thanks for Listening. Please Subscribe to the BRT Podcast.     AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.  AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.  Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…    AZ TRT Podcast Home Page: http://aztrtshow.com/ ‘Best Of' AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/     Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

AZ Tech Roundtable 2.0
How to Achieve Financial Security Control Taxes, Assets, & Income Wealth for Life - BRT S04 EP32 (195) 8-13-2023

AZ Tech Roundtable 2.0

Play Episode Listen Later Aug 18, 2023 26:13


How to Achieve Financial Security  Control Taxes, Assets, & Income Wealth for Life - BRT S04 EP32 (195) 8-13-2023   What We Learned This Week ·         Financial Security is about control, but how do you gain control? ·         People face 3 Risks – Market, Tax, Capital ·         Stock Market is volatile, and cannot control if it goes down, lose $ and time waiting for a recovery ·         Taxes are one of the biggest expenses during your earning years, and will not go down if you are a high income earner ·         Control 3 Things: Taxes, Assets & Income ·         Invest in the right kinds of Assets that offer tax write offs and income streams – real estate, businesses ·         Taxes are guaranteed to drain wealth. If you can pay a 20% tax rate versus 40% you will have a lot more money working for you.       Co-Host: Denver Nowicz, President - Wealth For Life http://wealthforlife.net/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes: Seg 1   Financial security is about control, but how do you gain control?   Market Risk - market goes up and down, when you lose money on a downturn, you have to wait for the market to rebound. You also lose time. Taxes what most people don't realize about a 401(k) is that 20 to 30% of the account is going to go to taxes.   Taxes are your biggest expense in retirement. Any gains in the 401(k) is taxed at ordinary income rates. Top 10% income earners in the country saving a 401(k) is not going to be in a lower tax bracket. The top 10% of income earners in the US pays 70% of all federal taxes. Savings Balance - you cannot save as much if you're experiencing market losses plus a high tax rate.   90% of all financial advice is to save money and put it in a 401(k). This advice does not apply as much if you are a top 10% income earner. You need to have a game plan. It is difficult to predict where the market will go as no one can predict the future. The only thing you can do is prepare better.   Control 3 Things: Taxes, Assets & Income   If investments have a 20% loss every year how much would you focus on that? This is what is happening with taxes, your money is taking a 20% loss every year. If you want to truly grow wealth you must master the tax code. This is how you can go from the top 10% in income to the top 5% or up.   Seg 2   Control 3 Things for financial security, taxes, assets & income   The goal is to build multiple streams of income. Have assets write offs and other investment options. Taxes is the biggest expense in your earning years and likely in retirement. As you earn upwards of $500K a year or even 1 million, taxes will be your biggest impediment. The all in tax rate at $150K a year is 30%. If you start earning a $250K a year it is about 35%, and $500K and current year it is 40% +. Bottom line, if you're in the top 10% taxes are our expense.   You want to own assets to cut taxes – examples: real estate, business, putting money in foundations Over a five year span, if you save $50,000 a year that's a total of $250K. If you double it goes to $500K. So if you lose $50K a year in taxes at is the equivalent over time of losing $500K or even $1,000,000+ compounded. Control assets, you can use leverage to scale wealth.   Majority of high income earners in the US own a business. Businesses have many advantages, besides just the income that you can earn there's also tax write offs and other advantages.   Build income streams through insurance strategies, annuity income, bond portfolios, dividend earning stocks, even CDs. Layer up income streams. Use tax bucket strategy plus income streams. Build a defensive set up, and over the long term you'll have more money to invest and be offensive taking advantage of opportunities.   Stock market is very popular because it is liquid. Very easy to get in and out of stocks. But it also has risk and can be very volatile. Investments in businesses and real estate are illiquid, harder to get in and out but can have more long-term advantages and tax advantages.           More Info on WFL and Tax Free Matching: HERE   Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

Adult SLP Resource Roadmap Show - Therapy Insights
06 - Visual scanning, PQRST reading, dysphagia + laryngectomy, aphasia treatments, voice pathologies

Adult SLP Resource Roadmap Show - Therapy Insights

Play Episode Listen Later Aug 1, 2023 46:26


The Therapy Insights Resource Roadmap Show is a monthly talk show all about the new content we release every month- from therapy materials to eval tools to patient education handouts and more. Join us as we discuss how to use these resources and we discuss various approaches to clinical cases.00:00 - WelcomeWelcome to episode 06 of the Resource Roadmap Show!01:10 - Visual Scanning and Attention Based on Words These visual scanning activities require attention to detail while reading words. https://therapyinsights.com/clinical-resources/visual-scanning-and-attention-based-on-words05:15 - Structural Vocal PathologiesThis resource provides detailed information regarding structural vocal pathologies that may be seen during the fiberoptic endoscopic evaluation of swallowing (FEES).https://therapyinsights.com/clinical-resources/structural-vocal-pathologies10:50 - How to Use the PQRST Reading StrategyThe PQRST reading strategy is helpful for students and/or people after a brain injury to organize and encourage memory for new reading comprehension learning.https://therapyinsights.com/clinical-resources/how-to-use-the-pqrst-reading-strategy15:48 - Changes in Swallowing After LaryngectomyAfter a total laryngectomy, there is likely no concern for aspiration. However, there are still structural changes that will impact swallowing function that the medical team should consider. https://therapyinsights.com/clinical-resources/changes-in-swallowing-after-laryngectomy19:24 - Dysphagia Following a Total Laryngectomy: The Effect on Quality of Life, Functioning, and Psychological Well-Being (2009)https://therapyinsights.com/article-snapshots/dysphagia-following-a-total-laryngectomy-the-effect-on-quality-of-life-functioning-and-psychological-well-being-200922:38 - Broad List of Treatments for Aphasia This resource provides a broad list and brief description of treatments for aphasia.https://therapyinsights.com/clinical-resources/broad-list-of-treatments-for-aphasia28:03 - Effectiveness of Constraint-Induced Language Therapy for Aphasia: Evidence From Systematic Reviews and Meta-Analysis (2023)https://therapyinsights.com/article-snapshots/effectiveness-of-constraint-induced-language-therapy-for-aphasia-evidence-from-systematic-reviews-and-meta-analysis-202335:38 - Case StudyBob is a 61 yo male who works as an architect. He survived a R CVA and is dealing with significant left neglect. He is able to read and pragmatic skills are WFL. He would like to finish designing a home he has been working on and then transition to being an adjunct professor at the local university. His biggest complaint is that he cannot fully participate in the design process because he isn't paying attention to the left side of blueprints.36:37 - Left NeglectThis handout describes what left neglect is, what its symptoms are, the risks associated with this condition, and a small collection of treatment options and strategies. The handout includes visuals to help describe the type of brain lesions that cause visual neglect.https://therapyinsights.com/clinical-resources/left-neglect/38:27 - The Lighthouse Strategy for Visual Scanning TrainingThis resource is an educational tool to improve visual scanning through the use of the lighthouse strategy. Research has found that implementation of this strategy with individuals who experience unilateral neglect improved safety and performance with route-finding, as well as with problem-solving tasks.https://therapyinsights.com/clinical-resources/the-lighthouse-strategy-for-visual-scanning-training/39:40 - Visual Scanning + Language TaskThis language task features 48 word squares that correlate to 48 single written word cards. The task is designed for speech-language pathologists working with people who have therapy goals related to word-finding, single word functional reading, and visual-spatial matching. Great for SLP-OT and SLP-PT co-treats!https://therapyinsights.com/clinical-resources/matching-pictures-to-words/

HealthCare UnTold
JD Medina, WingsWork Director, Wings for Life International: Everyone Deserves a Second Chance

HealthCare UnTold

Play Episode Listen Later May 18, 2023 49:08


HealthCare UnTold is proud to share with our listening audience the powerful and moving story from JD Medina. JD Medina is the Director of WingsWORKS for Wings For LIFE International. As a native son of New Mexico, JD is proud of the rich culture of his state and his people. Struggles with alcohol and addiction lead him down a path that ended up in incarceration. Now as a returning citizen he is striving to improve his community and the people in it. Upon being released from incarceration JD became a Certified Peer Support Worker and is starting a new job training/peer support program at Wings For LIFE International (WFL).  JD Medina, is the force behind the growing Wings WORKS initiative, a program that will provide training in a variety of skills, including clay product design and production, woodworking, bike repair, jewelry-making and many more options for those needing to enter or re-enter the work world and take that a major step toward success.Before he joined WFL, JD was operations director for a famed jewelry designer, Paula Crevoshay, managing all aspects of the sourcing and manufacturing of her creative designs. As a registered gemologist with a particular talent for finding solutions to problems that plague in any manufacturing environment, JD is using all of his experience and talent to build Wings WORKS into a force for change, offering those with minimal skills and/or limited resources, the opportunity to learn, build, grow and become either successful entrepreneurs or great employees at established firms.  HealthCare UnTold encourages our listeners to support WingsWorks.org , they have some beautiful clay pieces of the Southwest at very reasonable prices, and we can support our community members with jobs and skills.  #WingWORKS.org#recovery#JDMedina#SecondChance.org#healthcareuntold@gmail.com    

AZ Tech Roundtable 2.0
Wealth for Life - Teach Your Kids about Wealth $ to Build a Master Family Dynasty - BRT S04 EP18 (180) 4-30-2023

AZ Tech Roundtable 2.0

Play Episode Listen Later May 3, 2023 50:42


BRT S04 EP18 (180) 4-30-2023 – Wealth for Life Teach Your kids about Wealth $ to Build a Master Family Dynasty   What We Learned This Week Wealthy do things differently – all their money is not invested in Stocks 99% of financial advice is just stocks. Most advisers are really stock sales people. It's a butcher analogy. What is the butcher going to recommend? Meat. Baby Boomers are getting older and they will be passing Billions of dollars & Trillions $. Money that will be passing to children and heirs. Businesses that may be passed on. Estimated that 70% of Families Lose their wealth by 2nd Generation You want wealth to continue into the next generation. Not legacy, create a dynasty. Create frameworks for a thriving family now and for generations. Model and Teach Success. Involve kids in the process of building the business and investing. Taxes are guaranteed to drain wealth. If you can pay a 20% tax rate versus 40% you will have a lot more money working for you.         Co-Host: Denver Nowicz, President - Wealth For Life http://wealthforlife.net/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes:  Master Family Dynasty The conventional wisdom is over the long term the market goes up. S&P average is 8% over the last 75 to 100 years. If looking a long enough timeline the market does go up. Short term the market is up and down and very volatile. Some of the best investors like Cathy Wood and ARK Invest or the Tiger 21 club were beat up in 2022.   Stocks are not the only asset class. One thing retirement plan, buy stocks and if that's one thing, stocks goes up everything will be fine.  You want to diversify into different assets. Wealthy people do it differently. If you use a diagram of a pyramid it is top-heavy with most people investing in stocks and taking a lot of risk. You want to flip it and diversify assets. You were looking for different types of assets that can lock in profits and pay income streams. Examples of this are business income and real estate. Investment plans are not all black and white. There are good stocks and bad stocks. Zombie companies are examples of bad stocks. Your goal should be to have financial security, a bulletproof financial plan. Think in terms of offence and defense. A defensive strategy would cover 80% of the income needed for your expenses and needs. You do a mix of strategies.  99% of financial advice is just stocks. Most advisers are really stock sales people. It's a butcher analogy. What is the butcher going to recommend? Meat. To a man with a hammer everything looks like a nail. Use some mix of different assets like real estate insurance, annuities for income. There are good annuities and bad annuities.  You want to have an advisor with a fiduciary mindset who is really trying to help you with a good business plan.   Seg 2 Baby boomers are getting older and they will be passing Billions of dollars if not Trillions $. Money that will be passing to children and heirs. Businesses that may be passed on.  A 2022 study projects that wealth transferred through 2045 will total $84.4 trillion—$72.6 trillion in assets will be transferred to heirs, while $11.9 trillion will be donated to charities. Greater than $53 trillion will be transferred from households in the Baby Boomer generation, representing 63% of all transfers. Dec 30, 2022   https://fortune.com/recommends/investing/baby-boomers-average-net-worth/ Not legacy, but think dynasty. Teach your kids about money and wealth regardless if you own a business. Teach your kids your values and beliefs for success. Build frameworks for them to follow.  If kids don't know about success and money, then they lose the money they inherit in the next generation.  Too often you hear 2nd generations not carrying on the family success. You want wealth to continue into the next generation. Not legacy, create a dynasty. Create frameworks for a thriving family now and for generations.  https://www.nasdaq.com/articles/generational-wealth%3A-why-do-70-of-families-lose-their-wealth-in-the-2nd-generation-2018-10 Generational Wealth: Why do 70% of Families Lose Their Wealth in the 2nd Generation?  It is difficult to get to the top 1% 99% will not get there. If you will get to the top 5%. To do this you must build a culture with values and beliefs, to stay there. Model and teach success. Involve kids in the process of building the business and investing. Teach them about volunteering and giving back to the community. Communicate what it is to be successful. Myth, wealth is spelt overtime. Your peak earning yours or your 40s and 50s. To massively grow wealth he needs strategies like leverage and tax protection. Leverage accelerates wealth. Common example of leverage is he put 25% down but have control of an asset 100% as it grows. Simple analogy as you invest one dollar and have four dollars working for you. Taxes are guaranteed to drain wealth. If you can pay a 20% tax rate versus 40% you will have a lot more money working for you. If you earn more money, this will equal more taxes. W-2 income is punished by taxes. The wealthy of strategies to reduce taxes by 50% or more. The goal is to build tax for you come. 3 to 1 tax free matching uses leverage and builds income. It's the best strategy out there  Private foundation is also another strategy where you can build wealth and reduce taxes.  Stock market losses hurt you in two ways. You lose money and you lose time. It also can interrupt compounding when you lose money.  Compounding is just a law of finance, it can go in both a good direction or the bad direction. Either way it either magnifies gains or losses. The goal to not lose money and have uninterrupted compounding.  Acquire assets that harvest profits so you can take gains. While also minimizing losses and taxes.     Tiger 21 Club - Follow this super investor group for ideas, and how they diversify their investments. Allocation usually has 25% in real estate, 25% in stocks, 25% in private equity, 10% in cash, and the rest is Bonds or other investments.  https://tiger21.com/     2nd Half   Wealth For Life Sampler – Concepts   Notes:     Beware Taxes! Defense is What You Need vs Offense in Your Investment Gameplan   Synergy of Offense / Defense – diversification of income streams, lessen market risk   Offense – stocks, crypto, real estate Defense - IUL, Cash Flowing Business, Real estate, bonds, dividend stocks Offense – tactical – hold 15-20 stocks – aka ‘best houses on the block' Tactical Investment Strategy – goal of growth, shift with market sentiment, value to growth or growth to cyclical – active management.  15% beat market, 85% do not. Secular trends – housing, building or energy Index – safe but will not out perform market, just bought off shelf. Index has Market Risk and Zombie Co. problem. Cash = bad, gets eaten up by inflation = Inflation risk Stock market – good at growth, but inefficient on income, hard to capture the gains  “One Thing” Retirement Plan – 401K and stocks, hope it goes up and no volatility (market risk). 90% of people are on this plan. Build Assets – or create assets, like a digital brand Never go back to Vegas with scared money. Lose $, then chasing losses Combine offensive and defensive strategies   Defense – wins championships, stable. Finances are stable, allows you to take risks IUL, CF business. During bad market, wait for stocks to rebound and pull money from IUL or business. Visual – what is needed income or expenses – cover basics, then invest other money. Defense = 40% More wealth created, less money in market – money from business or real estate, move money to index strategies. Use financial leverage to increase wealth. Average worker – salary and money in market (401 K). All money is offensive strategy and subject to disruption and market risk. Defense – Tax Protection and Tax Buckets 3 taxed, tax free, tax deferred     Full Show: HERE         Assets – Appreciating vs. Harvesting   Assets: Appreciating vs. Harvesting   There are many different Assets you can invest in. Common asset classes are Stocks, Bonds, Gold & Real Estate. There are Alternative assets like Crypto, Art, Private Equity, etc. The classic idea is you  buy an asset as an investment with the idea it will appreciate over time so it is worth more when you sell it.  Buy low, sell high. It also may act as a hedge vs inflation. Instead of having your money sit in cash, and lose money to inflation, you purchase an asset that goes up in value more than inflation. What is rarely discussed is the concept of Appreciating Assets vs. Harvesting Assets. What's the difference? Appreciating Assets are the assets mentioned above, where the plan is to buy low, wait for the appreciation, then sell high. You do not capture the gains until you sell. You gain value on paper, but if you wait too long to sell, you could miss the appreciation. Likewise if they lose value but you do not sell, then only a paper loss.  Stocks are a classic example. 'If I just sold last month, I would have made 25%, instead of 15%.' You have to time it right. Other examples are Gold, Art, most Crypto, certain types of Real Estate (Land for example with nothing build on it yet).  These assets are only valuable when they appreciate, and if you sell at the right time.  Harvesting Assets are assets that get interest, or give off profits, or cash flow. You are able to capture some of the gains from the asset.  Examples are: Rental Real Estate, Bonds, Dividend Stocks, REITs, Covered Call Options, Business - that is profitable, and gives off cash flow, Index Life Insurance *** Asset value can go up or down in the holding period In fact many of the above Harvesting examples can all be both Appreciating and Harvesting Assets: Rental Real Estate, Bonds, Dividend Stocks, REITs, Cash Flowing Business, Index life Insurance, etc.   Full Show: HERE         Leverage - Get More with Less Effort – How to Scale Wealth Leverage – more with less. Get More with Less Effort. Ex: job with W2 income – no leverage, all based on single effort, cannot multiply. Sole proprietor – limited leverage, one person can do so much. Systems to multiply efforts – can be digital, team, finances   Financial leverage – mortgage. Buy house ($250K) for cash, or buy $1 million dollar house, put down same $250K at 25% , now control $1 million asset house.  75% leverage or 3 to 1. What plan will earn you more money? $1 million house appreciates more. Digital Product – create 1 time, sell 100 times   Average invest $1 and have $1 earning, wealthy invest $1, borrow $3 and have $4 earning interest Use OPM and deploy in safe ways. Safer return on larger investment will win every time Average using own money and risky, chase rate of return. Wealthy take more money and put in safer return instead of chasing 12% ROI on $250K, get 6% ROI on $1 million using leverage.   Full Show: HERE         You Need to Control 3 Things in Investing – Taxes, Capital & Assets   Investing plan for Top 10% of income earners ($150K +) or top 5% ($250K +) Need different strategies, not just 401K or stocks, not like other 90% of population Wealthy diversify their assets / investments, stock market is just 25% of their investing Control taxes – protect money from taxes Control Capital - access to capital – use leverage properly at 4:1 Control Assets – acquire assets to create passive income streams Wealthy does not put all their money in the stock market. Every $1 lost to taxes = $8 in lost wealth $1 at 7% (rule of 72), at 10 yrs = $2, at 20 yrs = $4, at 30yrs = $8 $50K lost = $400K (x8) lost over the long term If you earn over $500K / year +, top 1% of income earners The ultra wealthy know that you have to control taxes. 401K does not reduce taxes, it defers taxes, and at $25K /yr, this will not move the needle enough, need major changes to reduce taxes, and propel wealth   Control Capital – protect principal, no losses, lock in gains Use Leverage well at a 4:1 multiple, Control $4 with $1  Just like you finance your house thru a mortgage, finance your retirement (mortgage leverage is typically 3:1, loan is 3x your yearly income)  Deploy different strategies to grow wealth and make $ millions, really scale wealth from $1 to $5 mil, or $5 to $10 mil Assets –pull money from passive income & use for more investing Create investing cycle and repeat to grow wealth   Full Show: HERE       More Info on WFL and Tax Free Matching: HERE   Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

CFL America Radio
From the 55 Yard Line, it's Dr. Frank Cosentino- Canadian Football History Scribe, Scholar, and Hall of Famer

CFL America Radio

Play Episode Listen Later Feb 17, 2023 74:57


In this episode, Greg sits down with Canadian football historian and scholar, Dr. Frank Cosentino, to talk about his playing career and the CFL as a cultural institution in the 20th Century, especially during the time he played. They also discuss how the CFL dealt with the threat of the WFL in the 1970s, during which John Bassett planned on placing a franchise in Toronto. Lastly, they discuss the American expansion, changing sports landscape and the prospects of a successful CFL/XFL merger, should one ever be pursued again. Scott was slated to join the conversation; however, just minutes before recording tornado warnings were issued for Birmingham and power went out. We are happy to report that eventually the weather cleared and power was restored. Grey Cup champion, Vanier Cup champion, hall of famer, scholar, teacher, and professor emeritus are just a few of the ways one describes the greatest Canadian sports historian who has authored 18 books, and not just only on football. Drafted by the Hamilton Tiger Cats in 1960, Dr. Cosentino was in five consecutive Grey Cup games, 1961-65, including the first overtime Grey Cup game in 1961, the “fog bowl” in 1962 and the “wind bowl” of 1965. The team's two Grey Cup wins were in 1963 and 1965. As a Tiger Cat he also played in the last of the CFL vs NFL exhibition games against the Buffalo Bills, in which Hamilton prevailed and he passed for the team's final touchdown. In 1967, Dr. Cosentino was traded to Edmonton in 1967, led the team to a 9-6-1, and was named Edmonton's nominee for the Best Canadian Schenley Award, after which he was traded to Toronto for the 1969 season. He finished his career after the 1969 season, playing in 141 regular season games and starting in 41, posting 20 wins, 19 losses, and two ties. He completed 482 passes out of 996 attempts for 7,678 passing yards with 53 touchdowns. While playing in the CFL, Dr. Cosentino continued his education, earning both a master's and doctor of philosophy degree. After his playing days ended, in 1970, he was named head football coach at the University of Western Ontario and assistant professor. In 1976 he moved to York University where he was professor and chairman of physical education and athletics for a five-year term. As a professor, he taught courses in sport history, and as a coach, won two Vanier Cups at Western in 1971 and 1974. He is a member of Halls of Fame at McMaster, York, Western, and Ontario University Athletics; and in 2018, was named to the Canadian Football Hall of Fame. Though retired, Dr. Cosentino continues to write and all of his wonderful books, which are required reading for students of Canadian football, are available at his website- www.valleyoldtimers.com.

From the 55 Yard Line
Dr. Frank Cosentino- Canadian Football History Scribe, Scholar, and Hall of Famer

From the 55 Yard Line

Play Episode Listen Later Feb 17, 2023 78:12


In this episode, Greg sits down with Canadian football historian and scholar, Dr. Frank Cosentino, to talk about his playing career and the CFL as a cultural institution in the 20th Century, especially during the time he played. They also discuss how the CFL dealt with the threat of the WFL in the 1970s, during which John Bassett planned on placing a franchise in Toronto. Lastly, they discuss the American expansion, changing sports landscape and the prospects of a successful CFL/XFL merger, should one ever be pursued again.Scott was slated to join the conversation; however, just minutes before recording tornado warnings were issued for Birmingham and power went out. We are happy to report that eventually the weather cleared, and power was restored. Grey Cup champion, Vanier Cup champion, hall of famer, scholar, teacher, and professor emeritus are just a few of the ways one describes the greatest Canadian sports historian who has authored 18 books, and not just only on football. Drafted by the Hamilton Tiger Cats in 1960, Dr. Cosentino was in five consecutive Grey Cup games, 1961-65, including the first overtime Grey Cup game in 1961, the “fog bowl” in 1962 and the “wind bowl” of 1965. The team's two Grey Cup wins were in 1963 and 1965. As a Tiger Cat he also played in the last of the CFL vs NFL exhibition games against the Buffalo Bills, in which Hamilton prevailed and he passed for the team's final touchdown.In 1967, Dr. Cosentino was traded to Edmonton in 1967, led the team to a 9-6-1, and was named Edmonton's nominee for the Best Canadian Schenley Award, after which he was traded to Toronto for the 1969 season. He finished his career after the 1969 season, playing in 141 regular season games and starting in 41, posting 20 wins, 19 losses, and two ties. He completed 482 passes out of 996 attempts for 7,678 passing yards with 53 touchdowns. While playing in the CFL, Dr. Cosentino continued his education, earning both a master's and doctor of philosophy degree. After his playing days ended, in 1970, he was named head football coach at the University of Western Ontario and assistant professor. In 1976 he moved to York University where he was professor and chairman of physical education and athletics for a five-year term. As a professor, he taught courses in sport history, and as a coach, won two Vanier Cups at Western in 1971 and 1974. He is a member of Halls of Fame at McMaster, York, Western, and Ontario University Athletics; and in 2018, was named to the Canadian Football Hall of Fame. Though retired, Dr. Cosentino continues to write and all of his wonderful books, which are required reading for students of Canadian football, are available at his website- www.valleyoldtimers.com.

AZ Tech Roundtable 2.0
BRT Financial Review: Best of Investing 2022 Part 2 BRT S04 EP01 (163) 1-1-2023

AZ Tech Roundtable 2.0

Play Episode Listen Later Jan 5, 2023 50:46


BRT Financial Review: Best of Investing 2022 Part 2 BRT S04 EP01 (163) 1-1-2023   Things We Learned This Week Why Does the Stock Market Go Up?– Everything You Should Have Been Taught About Investing In School, But Weren't Democratizing expertise around trading derivatives thru new tools & software. Reengineering the derivatives market, so we do not need to rely anymore on failed experts w/ outdated methods & tech. AZREIAis a Real Estate Association to learn, network, find support & contractors What is Your Investor Identity?Fix & Flip, Landlord, Lender ABI Multifamily is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. Types of Risk - Interest Rate, Inflation, Play it Safe Market Risk - Buffet Rule # 1 - Never Lose $, how Mkt losses affect your portfolio & timeline     Clip from 8/14/2022 – w/ Brian Feroldi                Replay Seg. 3 - on stock markets and exchanges FULL SHOW: HERE   Guest: Brian Feroldi Book: Why Does The Stock Market Go Up?: Everything You Should Have Been Taught About Investing In School, But Weren't, Paperback – April 5, 2022   by Brian Feroldi      Motley Fool Articles: https://www.fool.com/author/14471/ http://mindset.brianferoldi.com/ YouTube - https://www.youtube.com/channel/UCs60_Z83HU76uygzHRQl0kA Twitter: https://twitter.com/BrianFeroldi Website: https://www.brianferoldi.com/   Brian Feroldi is a financial educator, YouTuber, & author. He has been intensely interested in money, personal finance, and investing ever since he graduated from college. Brian started investing in 2004. In the beginning, he had no idea what he was doing and got his teeth kicked in. His returns improved dramatically over time as his experience and knowledge about the stock market grew. Brian's career mission statement is “to spread financial wellness.” He loves to help other people do better with their money, especially their investments. He has written more than 3,000 articles on stocks, investing, and personal finance for the Motley Fool. In 2022, Brian's book Why Does The Stock Market Go Up? was published. The mission of the book is “to demystify the stock market.” It was written to explain how the stock market works in plain English. Brian lives in New England with his wife and three kids.     Clip from 7/17/2022 – w/ Peter Harrigan Replay Seg. 3 – on derivatives and oprions FULL SHOW: HERE   Guest: Peter Harrigan – Co-Founder Outcome Trading https://www.linkedin.com/in/peterharrigan/ https://outcometrading.org/   Outcome Trading – old world: derivatives In today's world, risk transfer is achieved through derivatives, using highly specialized language, and opaque structures which pre-date modern information technology. Centralized financial institutions focus on high volume markets that ignore the long tail.   new world: outcome trading™ Hedgers simply draw a curve describing the monetary compensation they require if the price of an asset were to decline (or increase). Investors graphically describe the financial outcome they desire from price appreciation (or depreciation).   Democratizing expertise around derivatives through new tools and software. How failure by experts impacts us all Protecting oneself or one's business in high-volatility markets Reengineering the derivatives market, starting from a blank sheet of paper   Bio: Peter Harrigan   Peter is the Co-Founder of the game changing trading software, Outcome Trading.   Peter also has founded Grey Swan Digital which developed the technology behind PlastiCurv. PlastiCurv was developed to transform financial risks into opportunities - opportunities for return, diversification and social benefit. Peter's mission was to create an intuitive and visual platform that anyone can understand, re-engineering the $600T derivatives market and making its benefits available to anyone in the world.   Peter's long and successful career as a trader started when he developed a tradable arbitrage employed at the CME and CBOT. Peter later made markets in foreign exchange at Bank of America, currency options on the floor of the CME, and equity options on the floor of the Pacific Exchange. He also co-founded Sentient Technologies, a company developing commercial applications of a highly distributed evolutionary learning technology. After a successful exit from Sentient, Peter turned his attention to the crypto industry in 2014, attending the first ethereum meetups, & going on to participate in the Ethereum presale.       Clip from 8/21/2022 – w/ Mike DelPrete  of AZREIA       Replay Seg. 1 - on types of real estate investors FULL SHOW: HERE   Guest: Michael DelPrete, Executive Director, AZREIA https://azreia.org/ The mission of AZREIA is to provide its members the education, market information, support, and networking opportunities that will further the member's ability to successfully invest in Real Estate   Mike Del Prete has been a member of AZRERA for 12 years and has been running it for 1 year it's been teaching for 5 years need to have a team like contractors lenders realtors     Clip from 12/11/2022 – w/ John Kobierowski  of ABI Multifamily     Seg. 2 - on makeup of real estate deals FULL SHOW: HERE   Guest: John Kobierowski President and CEO ABI Multifamily  https://www.linkedin.com/in/johnkobierowski   https://abimultifamily.com/ ABI Multifamily is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. The experienced advisors at ABI Multifamily have completed billions of dollars in sales and thousands of individual multifamily transactions. ABI Multifamily incorporates a global approach with regional real estate expertise to successfully complete any multifamily transaction, regardless of size and complexity.   https://neighborhood.ventures/ Neighborhood Ventures is a real estate crowdfunding company that offers ALL the opportunity to be shareholders in our retail & apartment projects.       Clip from 11/6/2022 – w/ Denver Nowicz of Wealth for Life     Seg. 3 & Seg. 4  – on Risk FULL SHOW: HERE   Co-Host: Denver Nowicz, President - Wealth For Life https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Risk Playing it safe and taking no chances is still risky inflation risk if you are just holding cash and putting your money in the mattress, inflation eats away at the value of the cash and your purchasing power Think of your business as an asset class whether it is a digital business or a traditional physical business, the old brick and mortar More Info on WFL and Tax Free Matching: HERE     Clip from 9/23/2022 – w/ Denver Nowicz of Wealth for Life     Seg. 1 – on Bonds and the 60/40 Split FULL SHOW: HERE https://brt-show.libsyn.com/does-the-6040-split-still-work-in-investing-bonds-portion-needs-help-brt-s03-ep47-146-9-23-2022-wealth-for-life   What is the 60/40 Split in Investing? Equities 60% for Growth/ Bonds 40% for Income Bonds Returns have been going down for 2 decades, hurting Retirements Sequence of Returns Risk – When you retire matters, if the Market is down, your income can take a big hit Annuities - Bonds Replacement for Income, w/ Inflation increases & Income for Life   Clip from 10/28/2022 – w/ Denver Nowicz of Wealth for Life     Seg. 1 – on Accumulation vs Distribution FULL SHOW: HERE   Accumulation - easier for Wall St to sell, just buy stocks in your 401K, Market goes up over time Distribution - income planning, market risk (Sequence of Returns Risk), and life all make this phase more complicated for advisors to talk about Avoid the ‘One Thing Retirement Plan' – if this one thing goes right (market goes up), I will be fine NEW 60/40 Split - Bonds out, Option Strategies in, adjust your portfolio with assets that produce income, and have no market risk Income Planning – setup long before retirement, to have income bucket grow with principal protection and option to lock in gains   For More Wealth for Life Clips & Shows: https://brt-show.libsyn.com/category/Wealth+For+Life+         ‘Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT   Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement More 'Best of Investing': Here   Real Estate Topic: https://brt-show.libsyn.com/category/Real+Estate-Construction-Land-Farming       Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.      

AZ Tech Roundtable 2.0
Luck & Risk + How to Build a Crystal Ball - BRT – WFL S03 EP56 (155) 11-6-2022

AZ Tech Roundtable 2.0

Play Episode Listen Later Nov 9, 2022 49:15


Luck & Risk + How to Build a Crystal Ball - BRT – WFL S03 EP56 (155) 11-6-2022   What We Learned This Week 4 Kinds of Luck - Blind, Hard Work, Preparation, Reputation Crystal Ball - Read to get Data on Tech Trends Types of Risk - Interest Rate, Inflation, Play it Safe Market Risk - Buffet Rule # 1 - Never Lose $, how Mkt losses affect your portfolio & timeline     Co-Host: Denver Nowicz, President - Wealth For Life https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes:  4 Kinds of Luck in Business In 1980, Bill Gates and Microsoft struck a software deal with IBM to create an operating system for their computers. This is considered the greatest business deal in history.  Why? Not only did a then relatively unknown software company called Microsoft get its biggest customer ever, they also struck a non exclusive licensing deal to sell the same operating system to other companies. This deal put Microsoft on the map, while simultaneously flipping the future of these 2 major computer companies. Microsoft would one day supplant IBM in the industry.  There are many details and conflicting stories to how this legendary deal went down. (For the Details: HERE)  One thing is for sure, there was some luck involved. Bill Gates mother was on the United Way board, and knew the CEO of IBM, so a personal connection was established. When IBM first approached Gates, he connected them with Gary Kildall of DRI as he was the premiere software developer. But IBM and Kildall could not cut a deal, and IBM came back to Gates and Microsoft.  On the other side, Microsoft had established themselves as a fast growing computer company by 1980, and had caught IBM's attention. It's BASIC software already had hundreds of thousands of users. Also the MS-DOS software turned out to be more compatible and cheaper then Kildall's software.  When reviewing this deal, one can ask -  Did they get lucky? Was it Skill that got the deal?  Was it a combo of both? Maybe there different types of luck. Let's look at 4 Kinds... Blind Luck or Dumb Luck  You just got lucky. You were in the right place, at the right time. This is nearly impossible to repeat, so cannot bank on this plan of action over the long term. Enjoy the benefits while you can, but limited lessons you can learn here.  Luck thru Hard Work & Persistence You got lucky because of a compounding effect of consistent hard work over time. You are out there doing work, meeting contacts, providing value, etc. Then you post marketing content often, discussing your work and showing case studies. You also work with many different people, who you foster the relationship and they recommend you. This system can be replicated if one is willing to do the work. 'The harder I work, the luckier I get.'  Luck thru Preparation, to Discover Opportunities  You got lucky because you are the 'eternal student', always researching about your industry, or an adjacent one. Because of this you find the growing trends to take advantage of, or meet the contacts who open your eyes to a potential deal or new market.  This system also can be replicated, assuming your have the intellectual curiosity to do deep dives on topics and meet the relevant people involved. Of course, you also have to do the work. 'Luck = Chance + Preparation'.  Luck Because of Reputation You got lucky because you have been doing such good work for years that has provided you a stellar professional reputation as the go to guy. When someone thinks 'X', your name comes up. The question is asked, 'who is the best guy at X', and they contact you for help.  This system is repeatable if you do the work to build your reputation ('it precedes you') thru years of good work and great results + promotion again.  For more of this topic, go straight to the source: Dr. James H. Austin wrote a book (in 1978) breaking down the 4 kinds of Luck: Chase, Chance, and Creativity: The Lucky Art of Novelty.  How to Build Your Own Crystal Ball   Older people sit down and ask, ‘what is it?' But the Boy asks ‘what can I do with it.'  Don't fall into an outdated mindset. Keep up with the trends. - Steve Jobs   The best in business understand how to Anticipate the Future. They see the Train coming around the corner. Business and Technology trends are ever changing.  To survive you must keep up with what has happened in the industry. More than anything this is a mindset of ongoing learning. Warren Buffett is an avid reader. He reads 4 – 5 hours per day looking for ideas. He's lucky if he finds a few good ideas in a year. This has been deemed his super power.   If you want your own Crystal Ball to see the future, you need to be constantly researching and reading what is going on. From the internet to newsletters to conferences to books, there is no lack of options for where to find information. There are so many free blogs and newsletters to choose from on niche subjects of tech, VC, or crypto to name a few. If you need the deeper dive, find a paid subscription service doing research on an industry for business or investing. Get the Data. You need people who can provide you the intel about an industry. Insiders are the best source of intelligence. Build a Network of people ‘in the know' in an industry you want to know more about. If you need to know about a few industries, then make a few contacts, whom each represent an industry. You also need to form business partnerships so you keep learning and evolving. A change in an industry on the tech side, may also mean a financial change or legal change. A good team of Advisors (accountant, attorney, tax advisor, financial consultant, etc) can be invaluable as they deal with multiple clients and see things that may not currently be going on in your business.   Disruption in tech and business is ever present. It is not uncommon for someone to change careers 2 to 3x in their lifetime. Being aware of the trends can help to make informed decisions of what is going on. Is the industry you are working in growing or dying? If the industry is on a downward trend, what industry can you jump to on the way up? Knowing what is going on industry wide and the tech trends can affect your career or business.   Real World Example We will use the tech industry as an example on keeping up with trends, since it impacts so many other industries. Here are some Tips of where to get insights on the Tech Industry:   Tech Trends to be aware of from a quick search on Google. Each of the below technologies overlaps in many industries today. Regardless if you work in tech, you have probably heard of many of them.     Risk Playing it safe and taking no chances is still risky inflation risk if you are just holding cash and putting your money in the mattress, inflation eats away at the value of the cash and your purchasing power Think of your business as an asset class whether it is a digital business or a traditional physical business, the old brick and mortar Buy assets to fight inflation, as they appreciate over time   Interest rate risk when the interest rate for loans rises, it cost you more to get money, called the cost of capital Dangerous to use credit cards as you have high debt with higher interest rates When interest rates go up it makes a mortgage more expensive and it's harder to buy a house Savers thrive in a high interest rate environments, and savers are punished in low interest rate times Higher interest rates hurts real estate, and business as it puts a strain on the industries. Again, cost of capital to get loans cost more because the interest rates is higher. On the flipside business or real estate is cheaper to buy in a depressed market, and the return on the asset over the long term is a good opportunity even if interest rates are higher. ROIC - return on invested capital -  Ex: put $100K in investment and cash flow $50K a year over 5 years, means you put in invested $100K, & got $250K or a 2.5x ROIC Even in high interest rates, these investment numbers make sense The old adage don't jump over dollars to get pennies, monitor the big picture Insurance strategies have matching dollars like 3 to 1 tax-free matching, leverage can expand to your ROI Credit card co's, use debt to buy things, inflation and higher interest rates help Market Risk and Market Volatility Can be hard to handle emotionally, as market losses Mount. We're always told to not be emotional about investments but it's very hard. A lot of people just invest in the stock market they hope one thing happens buy low and Sell high as long as the stock appreciates everything will go OK we're banking on appreciation only From 2010 to 2020 this was a good strategy, as the market was great, up 329%, but from 2000 to 2010, the market had almost a 0% return 2000 to 2020 – up 304%, or 6.74% per year Can you trust traditional stock market returns? You need defensive assets to have balance In 2022, you lost 50% if you owned tech stocks, Facebook stock has lost 70% How long is it going to take to get it back? Wealthy do not want to go backwards, they have a percentage of their portfolio in stocks, with an overall portfolio of multiple assets Buffett Rule #1, never lose money, Rule #2, remember Rule #1 Your advisor should know asset classes Incorporate an insurance strategy with principal protection Focus on 2 to 3 items in your protfolio Best return is on your core business, returns will probably be better than what you get in the market   Break up your assets into: businesses, stocks, real estate, insurance strategies Entrepreneurs think different, as entrepreneurship is not really about recessions Recession is not a common topic, as entrepreneurs are always looking for where the opportunities and trends are heading         More Info on WFL and Tax Free Matching: HERE     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

AZ Tech Roundtable 2.0
Accumulation vs. Distribution & Why Wall Street only sells Accumulation, plus Recovery thru Options Strategies - WFL BRT S03 EP54 (153) 10-28-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Oct 28, 2022 22:05


BRT – WFL: Accumulation vs. Distribution & Why Wall Street only sells Accumulation, plus Recovery thru Options Strategies     BRT S03 EP54 (153) 10-28-2022 – Wealth for Life   Things We Learned This Week Accumulation - easier for Wall St to sell, just buy stocks in your 401K, Market goes up over time Distribution - income planning, market risk (Sequence of Returns Risk), and life all make this phase more complicated for advisors to talk about Avoid the ‘One Thing Retirement Plan' – if this one thing goes right (market goes up), I will be fine NEW 60/40 Split - Bonds out, Option Strategies in, adjust your portfolio with assets that produce income, and have no market risk Income Planning – setup long before retirement, to have income bucket grow with principal protection and option to lock in gains       Co-Host: Denver Nowicz, President - Wealth For Life https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.     Notes:  Get away from timing the market and learn about accumulation versus distribution Financial advisors talk a lot about accumulation because it's easy to sell this idea. Just discuss the thesis that the market goes up over time so invest your money, wait, earn interest and watch it compound Real life can throw you a curve. When you retire, the process and unexpected expenses in life from family to health can throw off a financial plan. The market does always help your plan with recessions to inflation. Distribution is messy and complicated, it's all about taking income when you retire, and if you do it wrong, it can eat away at your savings. Have to be careful of sequence of returns risk, what to do when you take money while the market is going down   Sequence of Returns Risk: "Sequence" refers to the fact that the order and timing of poor investment returns can have a big impact on how long your retirement savings last. 60/40 split of equities & bonds no longer works. Bonds have been OK in the past and down markets but recently have been poor. You need to diversify your assets, have different assets that can with all different market conditions. Avoid the one thing retirement plan where you hope that the market goes up, if this one thing happens I'll be fine. We are told to not be emotional about investing, especially in a down market, but very difficult. The market can be a emotional roller coaster, up, then down. When do you sell stocks to take profits and lock in the gains? You want to harvest profits, and stocks are good for appreciating, but not for capturing the gains. Options strategies have principal protection (protect vs downside risk), no market risk, and the ability to lock in gains so you can harvest profits. With a 0% floor, and caps, you capture the market upside. Set up your income planning strategy long before retirement. Start thinking about this in your mid 40s or by the time you're in your 50s. This is an accumulation annuity that uses advanced options to capture profits. They have a very high participation rate on the index, a par rate of 265% If an index goes up 5%, can earn 13% (with the 265% par rate). Normal market investment vehicle is 100 % par rate = market goes up 5%, you get 5% credited to your account Traditional investment portfolio – 60 / 40 split of stocks and bonds. Breakdown of a portfolio case study, use annuities to replace bonds, 20 - 40% in accumulation annuities. Further examples of an asset breakdown could be business income (20%), insurance products like life insurance (20%), annuities would be replacing bonds (20%), stocks (20%), balance of real estate, cash, and alternative investments – 20%.   Case study in detail, you have $10,000 in monthly expenses, Social Security will cover $2000, now you need $8000 to fill. With the right income strategy as you can get at least $6000 of it. Insurance companies use options in annuity strategy with a 0% floor, and they are able to do this because they generate money in their fixed income accounts, then buy options with the ability to lock in market gains. The money is never invested in the market. Insurance companies are the only industry that can guarantee principal protection. Careful using pension type annuities as they have limitations, and are more complicated, and rates can change Traditional annuities are for income, but you are locked in. We want flexibility, and know the potential upside, while also being able to walk away with your money. Accumulation Strategy using Options – contracted thru Major insurance companies like Allianz with their PIMCO structure are used for investments Upside potential with these types of strategies. Link to the market for upside, but no downside risk. Going to cash and pulling your money from the market is not a good strategy. This is a ten year strategy, so better to start in your 40s. Rates can be locked in for 5 years to maximize the market gains. If you believe the markets can earn 5% / year next 5 years, then this strategy can earn you double digit returns. The market history is average of about 8% / year, but not always consistent.    More on these topics: Learn about Accumulation Annuities: https://wealthforlife.net/recovery/   Does the 60/40 Split Still Work in Investing? Bonds Portion Needs Help What is the 60/40 Split in Investing? Equities 60% for Growth/ Bonds 40% for Income Bonds Returns have been going down for 2 decades, hurting Retirements Sequence of Returns Risk – When you retire matters, if the Market is down, your income can take a big hit Annuities - Bonds Replacement for Income, w/ Inflation increases & Income for Life     Full Show: HERE       Beware Taxes! Defense is What You Need vs Offense in Your Investment Gameplan   Synergy of Offense / Defense – diversification of income streams, lessen market risk Full Show: HERE         Assets – Appreciating vs. Harvesting   Assets: Appreciating vs. Harvesting   There are many different Assets you can invest in. Common asset classes are Stocks, Bonds, Gold & Real Estate. There are Alternative assets like Crypto, Art, Private Equity, etc.   Full Show: HERE         You Need to Control 3 Things in Investing – Taxes, Capital & Assets   Investing plan for Top 10% of income earners ($150K +) or top 5% ($250K +) Need different strategies, not just 401K or stocks, not like other 90% of population Wealthy diversify their assets / investments, stock market is just 25% of their investing Control taxes – protect money from taxes Control Capital - access to capital – use leverage properly at 4:1 Control Assets – acquire assets to create passive income streams Wealthy does not put all their money in the stock market.   Full Show: HERE       More Info on WFL and Tax Free Matching: HERE Learn about Accumulation Annuities: https://wealthforlife.net/recovery/     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

AZ Tech Roundtable 2.0
Wealth for Life Concepts - Offense / Defense, Assets, Leverage & Control 3 Things BRT S03 EP51 (150) 10-14-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Oct 14, 2022 28:07


Wealth for Life Concepts - Offense / Defense, Assets, Leverage & Control 3 Things   BRT S03 EP51 (150) 10-14-2022 – Wealth for Life   Things We Learned This Week Offense / Defense - Balance in a Financial Plan – Synergy of the Mix Assets – Difference between Appreciating & Harvesting Leverage – Get More w/ Less to Scale Wealth Control 3 Things – Taxes, Capital, & Assets – Tax Protection, Acquire Assets, & Access to Capital     Co-Host: Denver Nowicz, President - Wealth For Life https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.     Notes:    Beware Taxes! Defense is What You Need vs Offense in Your Investment Gameplan   Synergy of Offense / Defense – diversification of income streams, lessen market risk   Offense – stocks, crypto, real estate Defense - IUL, Cash Flowing Business, Real estate, bonds, dividend stocks Offense – tactical – hold 15-20 stocks – aka ‘best houses on the block' Tactical Investment Strategy – goal of growth, shift with market sentiment, value to growth or growth to cyclical – active management.  15% beat market, 85% do not. Secular trends – housing, building or energy Index – safe but will not out perform market, just bought off shelf. Index has Market risk and Zombie Co. problem. Cash = bad, gets eaten up by inflation = Inflation risk Stock market – good at growth, but inefficient on income, hard to capture the gains  “One Thing” Retirement Plan – 401K and stocks, hope it goes up and no volatility (market risk). 90% of people are on this plan. Build Assets – or create assets, like a digital brand Never go back to Vegas with scared money. Lose $, then chasing losses Combine offensive and defensive strategies   Defense – wins championships, stable. Finances are stable, allows you to take risks IUL, CF business. During bad market, wait for stocks to rebound and pull money from IUL or business. Visual – what is needed income or expenses – cover basics, then invest other money. Defense = 40% More wealth created, less money in market – money from business or real estate, move money to index strategies. Use financial leverage to increase wealth. Average worker – salary and money in market (401 K). All money is offensive strategy and subject to disruption and market risk. Defense – Tax Protection and Tax Buckets 3 taxed, tax free, tax deferred     Full Show: HERE         Assets – Appreciating vs. Harvesting   Assets: Appreciating vs. Harvesting   There are many different Assets you can invest in. Common asset classes are Stocks, Bonds, Gold & Real Estate. There are Alternative assets like Crypto, Art, Private Equity, etc. The classic idea is you  buy an asset as an investment with the idea it will appreciate over time so it is worth more when you sell it.  Buy low, sell high. It also may act as a hedge vs inflation. Instead of having your money sit in cash, and lose money to inflation, you purchase an asset that goes up in value more than inflation. What is rarely discussed is the concept of Appreciating Assets vs. Harvesting Assets. What's the difference? Appreciating Assets are the assets mentioned above, where the plan is to buy low, wait for the appreciation, then sell high. You do not capture the gains until you sell. You gain value on paper, but if you wait too long to sell, you could miss the appreciation. Likewise if they lose value but you do not sell, then only a paper loss.  Stocks are a classic example. 'If I just sold last month, I would have made 25%, instead of 15%.' You have to time it right. Other examples are Gold, Art, most Crypto, certain types of Real Estate (Land for example with nothing build on it yet).  These assets are only valuable when they appreciate, and if you sell at the right time.  Harvesting Assets are assets that get interest, or give off profits, or cash flow. You are able to capture some of the gains from the asset.  Examples are: Rental Real Estate - get rental income, plus expense write offs, plus depreciation *** Bonds - collect interest during the term, and receive the full value if held the entire term *** Dividend Stocks - receive payments quarterly from the co. *** REITs - pays out 90% of income as dividends to investors *** Crypto that is Staked - receive interest payments while staking *** Covered Call Options - collecting premium on stocks you own, by renting them out *** Business - that is profitable, and gives off cash flow Index Life Insurance - receive credited interest during the term *** Asset value can go up or down in the holding period In fact many of the above Harvesting examples can all be both Appreciating and Harvesting Assets: Rental Real Estate, Bonds, Dividend Stocks, REITs, Cash Flowing Business, Index life Insurance, etc.   Full Show: HERE         Leverage - Get More with Less Effort – How to Scale Wealth Leverage – more with less. Get More with Less Effort. Ex: job with W2 income – no leverage, all based on single effort, cannot multiply. Sole proprietor – limited leverage, one person can do so much. Systems to multiply efforts – can be digital, team, finances   Financial leverage – mortgage. Buy house ($250K) for cash, or buy $1 million dollar house, put down same $250K at 25% , now control $1 million asset house.  75% leverage or 3 to 1. What plan will earn you more money? $1 million house appreciates more. Digital Product – create 1 time, sell 100 times   Average invest $1 and have $1 earning, wealthy invest $1, borrow $3 and have $4 earning interest Use OPM and deploy in safe ways. Safer return on larger investment will win every time Average using own money and risky, chase rate of return. Wealthy take more money and put in safer return instead of chasing 12% ROI on $250K, get 6% ROI on $1 million using leverage.   Full Show: HERE         You Need to Control 3 Things in Investing – Taxes, Capital & Assets   Investing plan for Top 10% of income earners ($150K +) or top 5% ($250K +) Need different strategies, not just 401K or stocks, not like other 90% of population Wealthy diversify their assets / investments, stock market is just 25% of their investing Control taxes – protect money from taxes Control Capital - access to capital – use leverage properly at 4:1 Control Assets – acquire assets to create passive income streams Wealthy does not put all their money in the stock market. Every $1 lost to taxes = $8 in lost wealth $1 at 7% (rule of 72), at 10 yrs = $2, at 20 yrs = $4, at 30yrs = $8 $50K lost = $400K (x8) lost over the long term If you earn over $500K / year +, top 1% of income earners The ultra wealthy know that you have to control taxes. 401K does not reduce taxes, it defers taxes, and at $25K /yr, this will not move the needle enough, need major changes to reduce taxes, and propel wealth   Control Capital – protect principal, no losses, lock in gains Use Leverage well at a 4:1 multiple, Control $4 with $1  Just like you finance your house thru a mortgage, finance your retirement (mortgage leverage is typically 3:1, loan is 3x your yearly income)  Deploy different strategies to grow wealth and make $ millions, really scale wealth from $1 to $5 mil, or $5 to $10 mil Assets –pull money from passive income & use for more investing Create investing cycle and repeat to grow wealth   Full Show: HERE       More Info on WFL and Tax Free Matching: HERE     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

AZ Tech Roundtable 2.0
Does the 60/40 Split Still Work in Investing? Bonds Portion Needs Help BRT S03 EP47 (146) 9-23-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Sep 23, 2022 21:05


Does the 60/40 Split Still Work in Investing? Bonds Portion Needs Help BRT S03 EP47 (146) 9-23-2022 – Wealth for Life   Things We Learned This Week What is the 60/40 Split in Investing? Equities 60% for Growth/ Bonds 40% for Income Bonds Returns have been going down for 2 decades, hurting Retirements Sequence of Returns Risk – When you retire matters, if the Market is down, your income can take a big hit Annuities - Bonds Replacement for Income, w/ Inflation increases & Income for Life   Co-Host: Denver Nowicz, President - Wealth For Life https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.     Notes:  Typical investment split is 60/40. This is a growth bucket of 60% equities / stocks, and an income bucket of 40% bonds. The expectation is that the bond bucket is less volatile so you can pull income. Unsure if 60/40 ever worked as well as people thought. If you look at the bond history and the returns, they have been going down since 2000. This coincides with lowered interest rates. Sequence of Returns Risk: "Sequence" refers to the fact that the order and timing of poor investment returns can have a big impact on how long your retirement savings last. Options to replace the bond portion would be annuities, that have inflation protection. The 60/40 split could vary depending on your age, so a 30 year old might have an 80/20 split, while a 60 year old might be 50/50. It's important to have defensive strategy, like annuities and other strategies for income. You have to be careful with sequence of returns risk. This is the risk of the market being down when you retire. For example the S&P from 2000 to 2010 had a near 0% return. Because of lowered interest rates, bond returns have not kept up with inflation. In the current market, when stocks go down, bonds follow. It is not rational or how it's supposed to be, but it is what is happening. Financial advice has been dominated by stocks, but that is not the only way to invest. You can use alternative strategies like rental real estate or insurance products. You're told to just invest in the market but some of these products have market risk and potentially fee issues. Not all annuities are the same. We would not recommend variable annuities, as they have high fees and market risk. You might as well just invest directly in the market. You still want a growth bucket so in the split could be 60/20/20 – Equities / Bonds / Annuities. Better products like fixed indexed annuities may have caps on the upside, but they also have principal protection which protects the downside. No matter what advertising you see on annuities, they are designed to yield 3 to 5% with guarantees. Annuities are longevity insurance, so you do not outlive your money. And the longer you live, yields go higher, like 7% and more. If you lived here 85+, some annuities with inflation protection for income go up as inflation goes up. This is a game changer in the income area and relieves pressure on your a stock growth account. The analogy would be an escalator going up. People can roll over an IRA in their 50s to an annuity (with 20% of your capital to an annuity) with a 5 to 10 year runway to build up the annuity income. Again you have to pick the right annuities, some are average. Many annuities will just market the growth phase with a bonus received for purchasing that annuity. You really want protection in the income phase. The safe structure 60/20/20 split with that inflation protection during the income payout phase. There are recent studies that show annuities beat out bonds over the long term. Annuities have fees of 0 to 1 1/4%. You want to have some fees in the fixed indexed annuity for the growth potential. Good to avoid the no fee annuities, as they may have lower rates and less protections. The downside of annuities is they do have surrender charges that last 7 to 10 years, which is common, but you can take out 10% a year. The goal is to map out the income needed in your overall financial plan. Understand that for a married couple, annuities are a good option because the odds are one person is going to live to 85 or older. Annuity company guarantees to give income for life. They act as Longevity insurance, that you will not run out of money.  Not uncommon by age 75 with a 401(k) to run out of money, or have to take less per year. Then you can use Social Security plus an annuity bucket to cover income for expenses.     More Annuity Info:   https://www.kitces.com/blog/calculating-longevity-insurance-rates-a-longevity-annuity-comparison-to-stock-and-bond-returns/ What Is Longevity Insurance And How Does It Manage The Retirement Time Horizon Problem     https://www.wealthmanagement.com/insurance/ibbotson-fixed-indexed-annuities-beat-out-bonds WEALTH PLANNING>INSURANCE Ibbotson: Fixed Indexed Annuities Beat Out Bonds   In his latest research, economist Roger Ibbotson argues that fixed indexed annuities have the potential to outperform bonds in the near future and smooth the return pattern of a portfolio. Diana Britton | Mar 07, 2018       https://www.kiplinger.com/article/retirement/t003-c032-s014-better-than-bonds-a-look-at-fixed-index-annuities.html   ANNUITIES Better Than Bonds? A Look at Uncapped Fixed Index Annuities For safety and performance, it could be time to consider including them in your retirement portfolio to diversify your asset allocation. by: David Braun, Investment Adviser Representative June 14, 2018   Annuities vs. Bonds: New Research In March, economist Roger Ibbotson, a 10-time recipient of the Graham and Dodd Award for financial research excellence and professor emeritus at the Yale School of Management, unveiled new research analyzing the emerging potential of fixed index annuities as a bond alternative in retirement portfolios. Working with Annexus, a leading designer of indexed annuities and indexed universal life insurance, Ibbotson and his research team used S&P 500 dynamic participation rates to simulate fixed index annuity performance over the past 90 years.   https://www.plansponsor.com/using-annuities-alternative-bonds-secure-retirement-outcomes/ INVESTING  October 29, 2021 Using Annuities as an Alternative to Bonds to Secure Retirement Outcomes In a low interest rate environment, annuities provide an option that reduces longevity and sequence-of-return risks. Reported by  REBECCA MOORE     https://www.forbes.com/advisor/investing/stock-and-bond-returns/ The Historical Performance Of Stocks And Bonds Taylor Tepper     More Info on WFL and Tax Free Matching: HERE     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

AZ Tech Roundtable 2.0
What is a Qualified Plan? If You Have a 401K or a SEP IRA You Have One BRT S03 EP45 (144) 9-16-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Sep 17, 2022 23:02


What is a Qualified Plan? If You Have a 401K or a SEP IRA You Have One   BRT S03 EP45 (144) 9-16-2022 – Wealth for Life   Things We Learned This Week Retirement & Income Planning Qualified Plans: ie - 401K & Roth IRA SEP IRA for business owners, can defer 25% of income if setup correctly Tax Brackets - tiered system of 10%, then 12%, 22% up to 35% - with more income, pushed into higher bracket and you pay more $ Tax Buckets (3) - Taxed (W2 income), Tax Deferred (401K, IRA), Tax Free (Roth IRA, Life Insurance)     Co-Host: Denver Nowicz, President - Wealth For Life https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes:    Tax deferral with 401 K, not tax savings Advisor suggests 401 K, get immediate benefit Vs. ROTH IRA (put 6.5 K) after tax at 59 ½ get money tax free   Tax Brackets – 10%, 12%, 22, 24,35 $430 K and above, taxed at 35%   If you move money to a 401K, save percentage on taxes, then pay taxes later in retirement. Cap Gains 15-20% on investment income   Save 15-20K / year on taxes over 25 years = 400 – 500K or more   Retirement – expenses will be 80% of pre-retirement income, unless you make more $, maybe 90%. If you earn $100K a year or more, taxes are biggest expense in retirement.   Build Tax Free Income – start now, have an Exit Strategy   Tax Buckets – Taxed – income, W2 Tax Deferred – 401K, IRA pay taxes later Tax Free – ROTH IRA, insurance, Muni Free Bonds Balance funds in each bucket – 20% Taxed, 30% Tax Deferred, 50% Tax Free Combine tax buckets with income mapping  - where money comes from in retirement   Business Owners – SEP IRA has high limits, put up to $61K / year. Qualified Plan – owner has to balance with salary – 25% Earn 240K – put 61K tax deferred in SEP IRA Qualified Plans – has rules High income, big SEP IRA, then pay 35% tax on all money, withdrawals and gains.   Tax brackets are broad and dropping a bracket not as easy. RMD  - Required Minimum Distribution     *** This Show is a Replay w/ Clips taken from: BRT S03 EP03 1-16-2022 –  Retirement & Income Planning from SEP IRA, 401K, to Roth IRA + Tax Brackets to Buckets   Full Show: Here     More Info on WFL and Tax Free Matching: HERE     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

AZ Tech Roundtable 2.0
Why the Top Investors do not Diversify & choose to Concentrate their Holdings BRT S03 EP41 (140) 8-26-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Aug 26, 2022 24:48


Why the Top Investors do not Diversify & choose to Concentrate their Holdings BRT S03 EP41 (140) 8-26-2022 – Wealth for Life   Things We Learned This Week Diversification, is it really as good as the business media claims? Top Investors buy individual holdings (Stocks), not Indexes Leverage defined in the financial sense, and how to use it properly         Co-Host: Denver Nowicz, President - Wealth For Life https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes:      Diversification, is it really as good as the business media claims? Why the top investors do not diversify and choose to concentrate their holdings including the Oracle of Omaha (Buffett), and his partner Charlie Munger at Berkshire Hathaway are two of the most outspoken critics. You should be specialized in investing (buy a few good companies), know what you are buying, and monitor your investments closely. The goal is a small concentrated portfolio of well researched investments (5 – 20 stocks). Indexing – buying the entire index (ie – S&P Index), a fund with low fees, that mirrors the Index, conservative passive approach for average returns Problem is that this process can underperform the market a little – this is a good plan if an Investor does not want to do the work needed to find the good few companies. There are about 10 – 20% stocks in the S&P 500 Index worth investing in. The Index is made of 50% of mediocre to poor companies. Zombie Co's – there are 20% of the Index labeled this way - A “zombie company” is a term used to describe an uncompetitive company that needs a bailout to operate successfully or an indebted company that is only able to repay interest. Simply put, the effective on its debt (interest-coverage ratio of 1 or less). The top companies (Big tech) are usually carrying the Index and responsible for most of the Index' returns. Would you rather buy all the houses in a neighborhood, or the few best? Same philosophy in picking the better co's / stocks to invest in, simply buy what is good and you understand. Robert's (of LifePro Asset Mgmt) core philosophy on picking stocks - good companies that are growing, leadership position in their industry, positive cash flow, good balance sheets, and low debt.   Real Diversification is a Combo of Assets – Baseline / Defense: Insurance, Real Estate, Business Income (Cash Flow), Commodities, Cash – Streams of Income for a safe foundation to cover expenses and retirement Offense / Growth: Stocks, Crypto, Alt Investments (Private Equity)   Leverage from good (OPM) to bad (debt), and what is the difference. Leverage defined in the financial sense, and how to use it properly. Leverage is just a strategy, if an investment is bad, then leverage magnifies losses. The idea is to borrow at a low rate (and good multiple like 4:1), earn at a higher rate of return to make $ off the spread (like a bank) – borrow at 3% to invest and earn 8%. Wealthy use Leverage in conservative way, get a lower ROI on more $ money – multiplies rate of return.   Ie – borrow $1 mil to buy rental real estate + invest $250k of your $ (= $1.25 mil invested total), then make $100K at 8% ROI vs invest $250k of your $ only (= $250k invested total), then make $20k at 8% ROI   This can be done with retirement accounts also – go to https://wealthforlife.net/   Article: Jim Harbaugh, Michigan Football Coach https://www.linkedin.com/pulse/how-copy-michigan-coach-jim-harbaughs-14-million-per-year-nowicz/     *** This Show is a Replay w/ Clips taken from: BRT S02 EP28 2-28-2021 –  Investing Class on Economic Indicators, Diversification, & Leverage w/ Denver Nowicz Full Show: Here     More Info on WFL and Tax Free Matching: HERE     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

AZ Tech Roundtable 2.0
Saving: How Much You Save $, Matters More than What You Invest In - BRT S03 EP39 (138) 8-19-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Aug 19, 2022 17:12


Saving: How Much You Save $, Matters More than What You Invest In - BRT S03 EP39 (138) 8-19-2022 – Wealth for Life   Things We Learned This Week Saving - How Much, Matters More Than What You Invest In - Saving 76% vs Investments 24% Earning Years - People in their 40s saving 10% / year, when they need to be saving 30% + Few People (4%) will Retire Well (w/ $3 Mil of Assets) - hard to save so much $, Advice is outdated, need new Plan, Diversify like the Wealthy w/ better Assets 4% Rule is Out-dated - take 4% / year in retirement to not spend all money, now the rec is 3% / year Scale Wealth – Tax Control, Financial Leverage, Build Income Streams, Defensive Assets     Co-Host: Denver Nowicz, President - Wealth For Life https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes:    WFL Savings Savings – to have a good retirement. Biggest factor is how much you can put away Saving money over time maters more than the investment chosen, 76% savings vs. 24% RO I / Investments Conversation w/ an Advisor is often all about the investing part / ROI the 24% People hit their “earning years” in their 40'S, need to catch up and save more. Saving 10% when you need to, save 25-30% You are earning $250K, to maintain lifestyle, need to save 30% to keep lifestyle You make $250K / year, need to save $80K / year Investing Advice is out dated Costs more if you wait – just like Use financing for your retirement, just like a mortgage Mindset shift for people, you can finance your retirement income Charts – income and age = how much to save $ / year to reach retirement income Few people retire well. Just 4% of people will retire with $3 million/assets Enjoy life - New strategy to adjust saving Do you want to live the Dave Ramsey lifestyle, save for 30 years and hope you can enjoy your retirement   Use Leverage to catch up on savings – save a lot over 5 years and finance retirement Catch up on saving and catch up on time 4% rule – take 4%/yr in retirement to not spend all money, based on a $1 mil 401K Idea is you will spend down your assets, so have to be able to ride out market downturns – experts think it should be revised down to 3% Rule Assumed only place is stock market Wealthy diversify – 20% in stock market, rest in other assets, real estate, business, private equity – many of these deals are conservative, grow at 10% / year and take limited down turn hits You want to have other assets that you can draw income from, especially if the stock market is currently down Most financial advice just tip of the iceberg – stocks and 401K Scale Wealth – 3 Principles Tax Control Financial Leverage in a safe way w/ downside protection Build Income Streams   Defensive Assets – get more money for less Protect wealth & earn 60% ( to 100%) more with leverage strategy. Safety goes up, risk goes down Most financial advice does not talk about these strategies Stop following that mainstream advice that is dated   Move some money out of the market, less market risk Strategy that got you to one level, probably will not get you to the next level       More Info on WFL and Tax Free Matching: HERE     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

AZ Tech Roundtable 2.0
Leverage - Get More with Less Effort – How to Scale Wealth - BRT S03 EP37 (136) 8-12-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Aug 12, 2022 17:01


Leverage - Get More with Less Effort – How to Scale Wealth - BRT S03 EP37 (136) 8-12-2022 – Wealth for Life   Things We Learned This Week Scaling Wealth - need new strategies that apply financial innovation like Leverage to finance retirement / ex. - Mortgage allows you to buy a house w/ 10% down, now you to own the whole house Systems Multiply Efforts - Leverage allows you to get more effort with less effort – Financial (Loans $), Business (Team), Digital (Product – build 1x, sell 100X) Control Assets - 4:1 Leverage, Control $4 w/ $1, Wealthy use OPM w/ safe asset for lower ROI vs average person uses own $ to chase risky high ROI Kevin Bacon Effect – Six Degrees of Separation – connections, networking & Network Effects of scaling, Knowledge Effect of spreading info   Archimedes – give me a lever and I will move the world / Dominos – knock 1 over & the rest will fall         Co-Host: Denver Nowicz, President - Wealth For Life https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes:  WFL – Leverage Leverage – more with less. Get More with Less Effort. Ex: job with W2 income – no leverage, all based on single effort, cannot multiply. Sole proprietor – limited leverage, one person can do so much. Systems to multiply efforts – can be digital, team, finances   Financial leverage – mortgage. Buy house ($250K) for cash, or buy $1 million dollar house, put down same $250K at 25% , now control $1 million asset house.   75% leverage or 3 to 1. What plan will earn you more money? $1 million house appreciates more. Digital Product – create 1 time, sell 100 times   Average invest $1 and have $1 earning, wealthy invest $1, borrow $3 and have $4 earning interest Use OPM and deploy in safe ways. Safer return on larger investment will win every time Average using own money and risky, chase rate of return. Wealthy take more money and put in safer return instead of chasing 12% ROI on $250K, get 6% ROI on $1 million using leverage.   Leverage of 25 to 1 or 50 to 1 with high interest rate = dangerous. Leverage of 3 to 1 on safe asset. Leverage is a financial tool. Done right, it is very powerful – 3:1 leverage can be safe, have protections – risk reducing.   Digital / Social Media – leverage connections with digital connection, network effects amplify a message on social media. Kevin Bacon – effect. Six degrees of separation   Ex: change tire on car, jack uses leverage to raise car. It's a tool.   Tough to save on your own Less than 4% get to $3 million assets Knowledge Effect – spread knowledge via leverage of interest.   Archimedes – give me a lever and I will move the world. Dominos – knock over one domino and the rest fall.   3 to 1 Tax Free Matching – use leverage to finance retirement. Increase savings, and use of $, Gives back time.       More Info on WFL and Tax Free Matching: HERE     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

AZ Tech Roundtable 2.0
You Need to Control 3 Things in Investing – Taxes, Capital & Assets - BRT S03 EP34 (133) 7-22-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Jul 22, 2022 23:04


You Need to Control 3 Things in Investing – Taxes, Capital & Assets - BRT S03 EP34 (133) 7-22-2022 – Wealth for Life   Things We Learned This Week Control Taxes - Tax Protection, move $ to Tax Free position, must reduce taxes to grow wealth, every $1 lost to taxes = $8 lost wealth   Control Capital - Access to Capital, use w/ Leverage of 4:1 to grow Capital, & Protect Principal, Lock in Gains, grow wealth efficiently   Control Assets – Acquire Assets like real estate, or stocks, or pull $ from biz income, & redeploy for passive investing to Grow Wealth more - then Repeat FED Stimulus Money $ props up Zombie Cos (weak debt ridden co's) in S&P Index, drags good biz down Business Owners concentrate on Earning $, need Good Advisors to Protect & Grow wealth after, reduce taxes, structure LLC right     *** This Show is a Replay w/ Clips taken from: BRT S01 EP28 8-16-2020 - Cannabis Investing is Growing w/ Alan Brochstein, CFA of New Cannabis Ventures       Co-Host: Denver Nowicz, President - Wealth For Life https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes:    Market was up 27% in 2019, but average investor not up as much, 2020 market recovered quick from Covid dip of March 2020 S&P Index carried by 20% of top companies - 80/20 Pareto Principle S&P market breakup, maybe 20-25% are worth investing in, 50% not good, bad companies, some underwater (15-20%) living on debt – Zombie companies (cost of servicing debt eats at profit), not growing. Rebalance Portfolio – Investors do not want to be too top heavy, so they sell some winning stocks (and losers) and take profits to balance overall portfolio. Buffett & Vanguard tell people to buy Index Funds, whole market because average investor not doing research, study and work . Catch is, Buffett does not do this and most financial advisors don't do research either, just put clients in ETF. FED put stimulus money into system and helps prop up Zombie companies in S&P. If invest in 15-20 good companies, get best of S&P. Opportunity Cost – if you put money in bad companies, you lose money, but putting money in good company & company grows faster = more profits. Some companies are propped up and kept alive by FED cheap money vs. good companies who take free money, grow faster.   Investing plan for Top 10% of income earners ($150K +) or top 5% ($250K +) Need different strategies, not just 401K or stocks, not like other 90% of population Wealthy diversify their assets / investments, stock market is just 25% of their investing Control taxes – protect money from taxes Control Capital - access to capital – use leverage properly at 4:1 Control Assets – acquire assets to create passive income streams Wealthy does not put all their money in the stock market. Every $1 lost to taxes = $8 in lost wealth $1 at 7% (rule of 72), at 10 yrs = $2, at 20 yrs = $4, at 30yrs = $8 $50K lost = $400K (x8) lost over the long term If you earn over $500K / year +, top 1% of income earners The ultra wealthy know that you have to control taxes. 401K does not reduce taxes, it defers taxes, and at $25K /yr, this will not move the needle enough, need major changes to reduce taxes, and propel wealth   Control Capital – protect principal, no losses, lock in gains Use Leverage well at a 4:1 multiple, Control $4 with $1  Just like you finance your house thru a mortgage, finance your retirement (mortgage leverage is typically 3:1, loan is 3x your yearly income)  Deploy different strategies to grow wealth and make $ millions, really scale wealth from $1 to $5 mil, or $5 to $10 mil Assets –pull money from passive income & use for more investing Create investing cycle and repeat to grow wealth Tax advantage loop to grow money wealth, reduce taxes, and redeploy gained $ for more investing to grow wealth faster and more efficiently Opportunity to compound up vs. reverse of losing $ Opportunity cost where you lose money to taxes Have to reduce taxes – you will not make enough money in ROI to mitigate taxes & the money lost The more your income grows, more advantages to tax deductions Typical business owner needs to learn this, get good advisors to limit. Tax Code provides guidelines, rich get richer. Tax exposure lessoned, then put money in right place to maximize LLC and business corporate structure - move money properly Advanced Tax Reduction Strategies – Conservation Easement, Foundations Most CPAs do not know these strategies because 90% of their clients have 1040 / W2 tax return. Do not have business income. You need the right CPA, right advisors to handle your growing situation. Business Owners concentrate on making money (sales) and grow business, need advisors to protect their money and grow it passively + protect from taxes.     *** This Show is a Replay w/ Clips taken from: BRT S01 EP28 8-16-2020 - Cannabis Investing is Growing w/ Alan Brochstein, CFA of New Cannabis Ventures https://www.newcannabisventures.com/ Alan covers the Cannabis industry, from investing ideas, to news Full Show: Here       More Info on WFL and Tax Free Matching: HERE     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

AZ Tech Roundtable 2.0
What's Your Exit Strategy? Build Your Tax Free Plan Today - BRT S03 EP32 (131) 7-15-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Jul 15, 2022 26:43


What's Your Exit Strategy? Build Your Tax Free Plan Today - BRT S03 EP32 (131) 7-15-2022 – Wealth for Life   Things We Learned This Week Disruption – No more 100 year old companies, people jump companies and even careers in their lifetime, need new retirement strategy Creation of the 401K in 1980, slowly phased out Pensions & Financial Security of yesteryear was the 3 legged stool - Pension, Social Security, & Savings Offense / Defense Strategies - Offense is stocks, asset that appreciates, want asset to go up so you can sell, Appreciating & Harvesting Assets– Stock market is not Efficient at capturing gains, have to sell at the right time to gain the value of the asset – harvesting Assets can also appreciate while giving off income No Easy Path to Retirement, many choices to put money or invest / No Perfect Asset - Further investor removed, lesser ROI from deal 3 Pillars to Scale Wealth: Tax Protection, Financial Leverage, Income Streams Financial Leverage – can finance your retirement, do not have to do it all on your own       Co-Host: Denver Nowicz, President - Wealth For Life   https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes:  EXIT STRATEGY Disruption - No more 100 year old companies 1980 – creation of the 401K, slowly phased out Pensions Financial Security of yesteryear was the 3 legged stool - Pension, Social Security, & Savings Stock Market Crash of 1987 The first contemporary global financial crisis unfolded on October 19, 1987, a day known as “Black Monday,” when the Dow Jones Industrial Average dropped 22.6 percent.   Black Swan – disruption – in a 20 yr. period, 4 Crashes DOTCOM of 2000, 9/11, Financial Crash of 2008, Covid 2020 More on Crashes: https://www.cnbc.com/2020/04/09/what-happened-in-every-us-recession-since-the-great-depression.html 401(k) plans hold $7.3 trillion in assets as of September 30, 2021, in about 600,000 plans, on behalf of about 60 million active participants and millions of former employees and retirees. Ted Benna, the Father of the 401k Covers It All, History, pensions, Fees & More Link to 401 K Ted Benna – FULL SHOW: HERE   What if your 401K crashes, S&P earned 0% from 2000 – 2010, Lost Decade The “lost decade” from January 2000 through December 2009 resulted in disappointing returns for many who were invested in the securities in the S&P 500. An index that had averaged more than 10% annualized returns before 2000 instead delivered less-than-average returns from the start of the decade to the end. 401K has your money $ in the Market, hence Market Risk Stock Options from Company you work for, if issue with that co., Company Risk Exit Strategy – people today can have 2 - 3 career changes Work to have an Equity position in the company Equity positions in Company – stock options Company sells, & get big paycheck or bonus Offense / Defense Strategies Offense is stocks, asset that appreciates, want asset to go up so you can sell Appreciating Asset – buy low, sell high, buy an asset and hope it goes up in value – ie Stocks,, Gold, Art, Real Estate, Crypto Harvesting Assets – Assets that give off income, or cash flow - ie  Real Estate rental property, owning a business, dividend stocks, REITs, etc. Stock market is not Efficient at capturing gains, have to sell at the right time to gain the value of the asset – harvesting Assets can also appreciate while giving off income “One Thing” Retirement Plan – 401K & stocks, hope it goes up and no volatility (market risk), 90% of people are on this plan No easy path to retirement, many choices to put money or invest No perfect asset - Further investor removed, lesser ROI from deal Real Estate Developer creates the deal and manges the deal, and make most $ from the deal Liquidity Risk – money is tied up in an investment deal fro years, cannot access the money Defense - IUL, Cash Flowing Business, Real estate, bonds, dividend stocks Defense – income, liquidity, track record High Net Worth Investors view assets differently Ie – invest in real estate, could be storage facility, rental real estate, or RV Park Predictable income, with a safe asset Most people create wealth thru one thing initially, successful business or career, then invest money to grow their wealth Hard to Sell a Business – 90% may not sell or sell at value owner wants 3 Pillars to Scale Wealth: Tax Protection, Financial Leverage, Income Streams Business owner – do not save enough. Need capitol in business Business gives best ROI, vs investing in real estate or stock market Use money and leverage (financing) = bigger exit / retirement Carve out small portions of your capital, 10 %, and use financing to big a better retirement, and safer Business Owners deal with tax issues, so need defensive tax strategy 90% of financial advice does not apply to a business owner earning over $150K / year Top 10% of income is $150K and up 25% down on investment Put in $1, have $3 - $4 working for you, control $4 with $1 3 to 1 Tax Free Matching program, acts like a no limit ROTH   What are the best assets out there that are acceptable, can get growth, but conservative strategy Build assets – digital brand When you have more wealth, there are more opportunities to grow the wealth Financial Leverage – do not do it all on your own, use loans Trust strategies with loans   Disclaimer – these strategies are not simple to understand, and can overlap with other plans Income of $250K out you in Top 5% of income earners, so 95% of financial advice do not apply Need a Team of Advisors to grow and protect wealth   4% withdrawal rule More efficient use of money Never go back to Vegas with scared money. Chasing losses. Segment defense money Secure future income with 20% of capitol. Frees up capitol for offensive strategy     Tiger Club – how does the wealthy invest? Tiger 21 Club - Follow this super investor group for ideas, and how they diversify their investments. Allocation usually has 25% in real estate, 25% in stocks, 25% in private equity, 10% in cash, and the rest is Bonds or other investments.  https://tiger21.com/     More Info on WFL and Tax Free Matching: HERE     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

AZ Tech Roundtable 2.0
Taxes will be Your Biggest Expense in Retirement! Tax Protection - Buckets to Brackets - BRT S03 EP30 (129) 7-8-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Jul 8, 2022 22:03


Taxes will be Your Biggest Expense in Retirement! Tax Protection - Buckets to Brackets - BRT S03 EP30 (129) 7-8-2022 – Wealth for Life   Things We Learned This Week Capital Control - Tax Free $, No Losses, Principal Protection, Lock in Gains Top 10% Strategies – if you earn more than $140K, than top 10% earner, so most financial advice does not apply anymore “One Thing” Retirement Plan – 401K, & stocks (+ W2 income), has Market Risk, & no Defense Assets act as a hedge vs. inflation - money sitting in cash, loses value to inflation, purchase an asset that goes up in value more than inflation. Past – people had pensions, savings, & social security to rely on, today have to create your own retirement plan – use Tax Buckets and move money into a long term Tax Free position to defend vs rising taxes Tax Buckets, broken into 3 categories of Taxed (income), Tax deferred (401K), Tax Free (Roth)     Co-Host: Denver Nowicz, President - Wealth For Life   https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes:    Tax Protection – defense strategy, put money in long term tax free position Index Strategies with IUL   Top 10% strategies – if you earn more than $140K, than top 10% earner and most financial advice does not apply anymore Wealth gets more wealth – save and invest more money using leverage can grow massively thru compound interest   “One Thing” Retirement Plan – 401K, and stocks (+ W2 income), hope it goes up and no volatility (market risk). 90% of people are on this plan – Need to get away from this plan and diversify your retirement plan Retirement Rule or 4% Withdrawal Rule – is outdated, and often will fund one's lifestyle in retirement   More efficient use of money Assets can act as an inflation hedge, as they increase in value when Inflation rises. Income Streams – Good use of Harvesting type assets leads to multiple income streams Net Worth – personal financial statement, fill out yearly and list asset values Tax Mitigation – Top 5% hit by taxes Tax code favors investment, business owners and people who take risks – have write offs. W2 employee gets punished. Tax Buckets – taxable income,  tax deferred, tax free IRS tax table to see tax bracket $100 K at 24% = $24 K / yr X 25 years = $600 K savings $137K, $250 K, $432 K Top 10%, 5%, 1% Tax rates low vs. US history 16th Amendment, 1913 – created Income Tax 70% pay little Tax free exit – Capital Efficiency – Financial leverage – Average retirement – 6x home cost Forget retail mindset – 90% financial ed does not apply to top 10% $100K 6 figure income with inflation – need $250 K   Cap. Control – no losses, principal prot. Taxes – permanent loss of 25-50% every year You are always Partners with the Gov't / IRS         More Info on WFL and Tax Free Matching: HERE   Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.    

AZ Tech Roundtable 2.0
BRT Rebalance w/ Barry Ritholtz: Best of Investing 2022 - BRT S03 EP29 (128) 7-3-2022

AZ Tech Roundtable 2.0

Play Episode Listen Later Jul 6, 2022 53:17


BRT Rebalance w/ Barry Ritholtz: Best of Investing 2022 - BRT S03 EP29 (128) 7-3-2022   Things We Learned This Week Masters of Business Podcast Qs - Who are your mentors? Philosophy? What books are you reading? Advice to graduates?  What do you wish you knew 30 years ago? Three Keys to Being an Investor: Process, Behavior, Humility Recession Signs to look For – States Expanding or Detracting, Sahm Rule on unemployment uptick, Yield Curve – is it inverted?     Guest: Barry Ritholtz ABOUT BARRY RITHOLTZ & MASTERS IN BUSINESS Bloomberg Opinion columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. Barry Ritholtz has spent his career helping people spot their own investment errors and to learn how to better manage their own financial behaviors. He is the creator of The Big Picture, often ranked as the number one financial blog to follow by The Wall Street Journal, New York Times, and others. Barry is the creator and host of Bloomberg's Masters in Business radio podcast, and a featured columnist at the Washington Post. He is the author of Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy (Wiley, 2009). In addition to serving as Chairman and Chief Investment Officer of Ritholtz Wealth Management, he is also on the advisory boards of Riskalyze, and Peer Street, two leading financial technology startups bringing transparency and analytics to the investment business. Barry has named one of the "15 Most Important Economic Journalists" in the United States, and has been called one of The 25 Most Dangerous People in Financial Media. When not working, he can be found with his wife and their two dogs on the north shore of Long Island. https://www.bloomberg.com/podcasts/series/master-in-business https://ritholtzwealth.com/   NOTES: Masters of Business podcast inspiration – On a plane watching finance news, interview of reclusive Hedge Fund Manager. Who are your mentors? Philosophy? What books are you reading?  Advice to graduates?  What do you wish you knew 30 years ago? Three key things Process – ability to distinguish between skill and luck. Like in sports at high levels in investment industry – differences are minimal. ARK Cathy Wood in 2020. Behavior – how to manage and stay calm, control limbic system, work through bad market. Humility – acknowledge serendipity and luck in life, could have worked differently. Gates not the first to be offered IBM deal. Other tech entrepreneurs visited Xerox Parq Jobs master of design, even on back of machine where no one looks. Inflation Hawks screaming for 15 years, finally right Three signs of Recession – good indicators: States – amount in expansion or contraction . Number of states growing or declining - % all 50 expanding. Philly Federal – State Coincident Indexes (get ink) hard to have recession when all states doing well. Sahm Rule – unemployment uptick .75 basis points in three month period from prior lows, unemployment mid 2022 is good.                FRED – St. Louis Fed monitors indicator (get ink) Yield Curve – is it inverted? How long, how deep, careful for false positive data. Bonds interest rates long term higher than short term bonds, inverted when S/T rates higher than L/T.                Six months is forever in economy, recession looks unlikely. 2023 – all bets off.                Never know what disruption can occur, like Russia invading Ukraine.     Outlook for the Knicks to make the Playoffs? Knicks will be good when they get new ownership who invests in the product. Need good quantitative analysis like how they acquired players in the heyday of the 1990s. Look at the turnaround of the NY Mets with Steve Cohen buying the team recently.   Best of Investing 2022 Seg. 2 of BRT S03 EP03 (102) 1-16-2022 – BRT - Retirement & Income Planning from SEP IRA, 401K, to Roth IRA + Tax Brackets to Buckets Retirement & Income Planning Qualified Plans: ie - 401K & Roth IRA SEP IRA for business owners, can defer 25% of income if setup correctly Tax Brackets - tiered system of 10%, then 12%, 22% up to 35% - with more income, pushed into higher bracket and you pay more Tax Buckets (3) - Taxed (W2 income), Tax Deferred (401K, IRA), Tax Free (Roth IRA, Life Insurance)   Denver Nowicz, President - Wealth For Life http://wealthforlife.net/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   FULL SHOW: HERE More Info on WFL and Tax Free Matching: HERE   Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here   https://brt-show.libsyn.com/category/Wealth+For+Life+   Seg. 2 of BRT S03 EP07 (106) 2-13-2022 – The Science of Hitting (TSOH) & Investing w/ Alex Morris FULL SHOW: HERE https://brt-show.libsyn.com/brt-s03-ep07-106-2-13-2022-the-science-of-hitting-tsoh-investing-w-alex-morris The Science of Hitting (TSOH) comes from the Ted Williams baseball book on batting and strike zone observations: ie – he tracked his average in each zone of the batter box, and had a higher average when he swung at pitches in a certain zone TSOH Investment Philosophy is Value Investing, classic Graham / Buffet style – buy high quality co's w/ good mgmt, L/T trends, and a Moat - Buffet quote: Investing is a game with no called strikes…can just wait for your pitch Long Term Investment Horizon – looking 5 to even 10 years out, for earnings and sales growth Key Value Drivers for a stock - Earnings Growth & quality of earnings, Price & Sale increases, ‘volume growth' P/E Type Metrics & GAAP Accounting is helpful but may not be useful with R&D, future sales, and volume growth. Example: Netflix – analyze cash expenditures vs. financials which have improved , what are the L/T – trends   Guest: Alex Morris, TSOH Investment Research Blog - https://thescienceofhitting.com/p/my-investment-philosophy LKIN - https://www.linkedin.com/in/alex-morris-cfa-47b87027/ Twitter - https://twitter.com/TSOH_Investing Alex Morris, CFA publishes equities research through the TSOH Investment Research Service on Substack. He has written investment related articles on Gurufocus and worked in the finance industry (RIA's) for the past 10+ years. He is a CFA® charterholder and graduated with my MBA from the University of Florida in April 2015. Prior to starting his TSOH service, he spent ten years as an Equity Analysts at financial firms.     Seg. 2 of BRT S03 EP17 (116) 4-24-2022 – Money for the Rest of Us w/ David Stein FULL SHOW: HERE https://brt-show.libsyn.com/brt-s03-ep17-115-4-24-2022-money-for-the-rest-of-us-w-david-stein Investment vs. Speculation vs. Gambling: You must understand the difference and recognize which camp the product you're considering is in The three drivers of asset class performance: These all relate to cash and earnings,  cash flow, cash flow growth and change in valuation, and how each impacts the future price of an asset class The Efficient Market Hypothesis vs Adaptive Market Hypothesis: which combines behavioral finance w/ EMH Wayfinding: An alternative to traditional rebalancing of asset allocation - use current market conditions to help evaluate where you should increase / decrease your exposure, depending on how the asset is doing currently Modern Portfolio Theory vs. The Asset Garden Approach when adjusting asset allocation, focused on diversification between return drivers - Like landscaping, there are rules of thumb, but there's freedom to create and build the portfolio. And it's much easier to make changes.   Guest: David Stein, Money for the Rest of Us https://www.linkedin.com/in/jdstein/ https://moneyfortherestofus.com/ https://moneyfortherestofus.com/about/ Book: https://moneyfortherestofus.com/how-to-invest-book/   David Stein's Bio: David helps individuals become better and more confident investors through his writing, audio, and video. He hosts the personal finance podcast Money For the Rest of Us. The show reaches more than 40,000 listeners per episode and has over 10 million downloads. The podcast has received mention from The New York Times, Forbes, The Chicago Tribune, and the U.S. News and World Report.  David also provides investment insights and model portfolios to 1,000 members of the Money For the Rest of Us Plus community.   David Stein author of Money for the Rest of Us 10 Questions to Master Successful Investing Prior to launching the podcast, David was Chief Investment Strategist and Chief Portfolio Strategist at Fund Evaluation Group, LLC, a $33 billion investment advisory firm.      Seg. 2 of 4/3/2022 – Options vs Stocks & Trading vs Investing w Tom Sosnoff of tastytrade FULL SHOW: HERE https://brt-show.libsyn.com/brt-s03-ep14-113-4-3-2022-options-vs-stocks-trading-vs-investing-w-tom-sosnoff-of-tastytrade Implied Volatility & Time Decay – options begins with volatility, on a clock so Mechanics (forget mind set) on how to setup a trade is key tastytrade is a media network based on Math (Probability & Statistics - Look at the Math), trading & focus on markets  Limited Profitability & Unlimited Risk when you Sell Puts w/ 80% chance of success - Be a Seller of Options – let Market beat you, slight edge Trade Small, Trade Often - Law of Large Numbers w/ 45 DTE Strike Price of 1 SD – Exit or Roll at 21 DTE Options Trading Teaches Life Lessons – Important to: take risks, learn to take risks, make quick decisions, be decisive about those decisions.   Guest: Tom Sosnoff of tastytrade https://www.tastytrade.com/ https://twitter.com/tastytrade   Tom Sosnoff, founder and co-CEO of tastytrade Tom Sosnoff is an online brokerage innovator and financial educator. Tom is a serial entrepreneur who co-founded thinkorswim in 1999, tastytrade in 2011, tastyworks in 2017, helped to launch the award- winning Luckbox Magazine in 2019, and in 2020 he created the first new futures exchange in 20 years, The Small Exchange. Leveraging over 20 years of experience as a CBOE market maker, Tom is driven by the passion to educate self-directed investors. A true visionary, after his years on the floor he saw the need to build and design superior software platforms and brokerage firms that specialized in complex financial strategies.       Seg.2 of BRT S03 EP22 (122) 5-29-2022 – The One Thing w/ Jay Papasan of Keller Williams Realty   FULL SHOW: HERE https://brt-show.libsyn.com/brt-s03-ep22-122-5-29-2022-the-one-thing-w-jay-papasan-of-keller-williams-realty   The One Thing – Power of Focus, Find your 1 thing - Live Purposefully & be Accountable Dominos - Priority in Latin = First, what is your first Domino? knock it down and all others lined up will fall Time Block - Focus Time the first few hours of each day, 'Battleground' - fight to block out this time Success has a Roadmap – it leaves clues, Modeling & Develop Habits in Life, Bus & Real Estate Investing Productivity Thieves - Learn to Say No, pick tasks carefully, Multitasking is a Waste of Time   Guest: Jay Papsan, VP of Keller Williams Realty https://the1thing.com/ https://www.jaypapasan.com/ https://www.linkedin.com/in/jaypapasan/ https://twitter.com/jaypapasan https://kw.com/   Jay Papasan is a bestselling author and serves as vice president and executive editor at Keller Williams Realty Inc, the world's largest real estate company. He is also co-owner and co-founder of several successful businesses, including Keller INK, Keller Capital, and, alongside his wife Wendy, Papasan Properties Group in Austin, Texas. When Jay first moved to Austin, he joined Keller Williams Realty Inc, and soon began working directly with the founder, Gary Keller. In 2003, he co-authored The Millionaire Real Estate Agent alongside Gary Keller and Dave Jenks.        Clips from BRT S03 EP11 (110) 3-13-2022 – 401K – Turns Spenders into Savers w/ Jean Smart of Penelope & Ted Benna ‘Father of the 401K'   FULL SHOW: HERE https://brt-show.libsyn.com/brt-s03-ep11-110-3-13-2022-401k-turns-spenders-into-savers-w-jean-smart-of-penelope-ted-benna-father-of-the-401k    401K turns Spenders into Savers 401K provides Tax Deferral now, lowers Taxable Income Penelope serves Microbiz, business of 5 – 50 employees who are underserved by major financial institutions Simplify choices, and streamline the 401K process, reduce fees so all size business can participate Ted Benna – Father of the 401K, 401K may not be appropriate to all people or business, choose 401K or IRA based on needs & size of business     Guests: Jean Smart, Founder of Penelope https://www.penelope.co/ https://www.linkedin.com/company/penelopeco Jean Smart is the Founder/CEO. She has overseen the building of a cloud based recordkeeping system from scratch and they have begun to take on clients. I have helped them shape what they are offering using what I have learned working with small businesses. Their goal is to help micro female and minority owned businesses pick the right plan - not just a plan.       Guests: Ted Benna, Benna 401K http://benna401k.com     Ted Benna, Father of the 401K, has worked in pension and retirement benefits industry for 60 years, and literally wrote the book on the 401K. He was a pioneer in the early 80s in designing the early 401K Plans, and then getting them approved by the IRS to be the model still used today.   Books:  401K Forty Years Later (2018) – history of the 401K 401K & IRA for Dummies Updated Version (2021)     Ted Benna 1st appearance on BRT Podcast in 8/2021 Topic: Ted Benna, the Father of the 401k Covers It All, History, pensions, Fees & More Full Show: HERE       ‘Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement More 'Best of Investing': Here     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

Pigskin Daily History Dispatch
The Day a Trio of Players From an NFL Team Walked into a Rival League's Training Camp to Play

Pigskin Daily History Dispatch

Play Episode Listen Later Jun 27, 2022 14:51


The memory of three men from an NFL dynasty team walking into a rival league's training camp set the world of football on fire in 1975. Join us in this look back at the WFL's https://pigskindispatch.com/(searchresults)?q2=%22Memphis+Southmen%22 (Memphis Southmen). Come join us at the https://pigskindispatch.com/ (Pigskin Dispatch website) and the https://jerseydispatch.com/ (Sports Jersey Dispatch) to see even more Positive football news! Sign up to get daily football history headlines in your email inbox @ https://pigskindispatch1.aweb.page/p/92342af4-80c0-41a6-8ea2-80671be8d774 (Email-subscriber) Miss our football by the day of the year podcasts, well don't because they can still be found at the https://pigskindispatch.com/ (Pigskin Dispatch website). Go to https://my.captivate.fm/SportsHistoryNetwork.com/Row1 (SportsHistoryNetwork.com/Row1 )for access to the full Row One catalog for gallery prints and gift items. Plus, get a 15% discount on all prints on the Row One Pictorem Gallery with coupon code SHN15.

AZ Tech Roundtable 2.0
Assets – Appreciating vs. Harvesting - BRT S03 EP26 (125) 6-17-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Jun 17, 2022 26:30


Assets – Appreciating vs. Harvesting - BRT S03 EP26 (125) 6-17-2022 – Wealth for Life   Things We Learned This Week Appreciating Asset – buy low, sell high, buy an asset and hope it goes up in value – ie Stocks,, Gold, Art, Real Estate, Crypto Harvesting Assets – Assets that give off income, or cash flow - ie  Real Estate rental property, owning a business, dividend stocks, REITs, etc. Stock market is not Efficient at capturing gains, have to sell at the right time to gain the value of the asset – harvesting Assets can also appreciate while giving off income Assets act as a hedge vs. inflation - money sitting in cash, loses value to inflation, purchase an asset that goes up in value more than inflation. Past – people had pensions, savings, & social security to rely on, today have to create your own retirement plan – use Tax Buckets and move money into a long term Tax Free position     Co-Host: Denver Nowicz, President - Wealth For Life   https://wealthforlife.net/brt/ https://twitter.com/denvernowicz  Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes:  Assets: Appreciating vs. Harvesting    There are many different Assets you can invest in. Common asset classes are Stocks, Bonds, Gold & Real Estate. There are Alternative assets like Crypto, Art, Private Equity, etc. The classic idea is you  buy an asset as an investment with the idea it will appreciate over time so it is worth more when you sell it.  Buy low, sell high. It also may act as a hedge vs inflation. Instead of having your money sit in cash, and lose money to inflation, you purchase an asset that goes up in value more than inflation. What is rarely discussed is the concept of Appreciating Assets vs. Harvesting Assets. What's the difference? Appreciating Assets are the assets mentioned above, where the plan is to buy low, wait for the appreciation, then sell high. You do not capture the gains until you sell. You gain value on paper, but if you wait too long to sell, you could miss the appreciation. Likewise if they lose value but you do not sell, then only a paper loss.  Stocks are a classic example. 'If I just sold last month, I would have made 25%, instead of 15%.' You have to time it right. Other examples are Gold, Art, most Crypto, certain types of Real Estate (Land for example with nothing build on it yet).  These assets are only valuable when they appreciate, and if you sell at the right time.  Harvesting Assets are assets that get interest, or give off profits, or cash flow. You are able to capture some of the gains from the asset.  Examples are: Rental Real Estate - get rental income, plus expense write offs, plus depreciation *** Bonds - collect interest during the term, and receive the full value if held the entire term *** Dividend Stocks - receive payments quarterly from the co. *** REITs - pays out 90% of income as dividends to investors *** Crypto that is Staked - receive interest payments while staking *** Covered Call Options - collecting premium on stocks you own, by renting them out *** Business - that is profitable, and gives off cash flow Index Life Insurance - receive credited interest during the term *** Asset value can go up or down in the holding period In fact many of the above Harvesting examples can all be both Appreciating and Harvesting Assets: Rental Real Estate, Bonds, Dividend Stocks, REITs, Cash Flowing Business, Index life Insurance, etc. Note: Options are not an asset, they are a contract that with a decaying value over its term, and can go down quickly; time decay lessens the option contract the longer you hold it, until it expires at the expiration date worthless. This is why Options are often referred to as trading (short term) vs investing (long term).  When investing in Assets, it is recommended you buy Harvesting Assets to get the best of all worlds. In case the value of the Asset goes down, at least you receive some cash while holding the Asset.   Cash – classic asset that loses value over time, can't buy the same amount today for a dollar that you could 10 or 15 years ago Fed Policy – print money, devalues currency, creates inflation            Inflation – eats away at value of cash, assets like stocks, gold, real estate can all act as a hedge vs inflation Create assets – digital assets, build an online business  Past – people had pensions, savings, & social security to rely on, today have to create your own retirement plan   Buy & Hold – appreciating asset, when to sell, avoid whipsaw of market (up & down movement) Harvesting – cash flow, take profits off table and re-deploy money Asset pricing and timing   Hard Assets - Real Estate Cash Flowing (CF) Business with recurring revenue is an excellent harvesting asset that gives you multiple options to grow wealth long term   With good assets, can use leverage to grow wealth and acquire more assets. Assets – appreciate, options, harvest / cash flow Leverage – scale wealth using other people's money, finance your retirement and go bigger and quicker   Tax Protection – defense strategy, put money in long term tax free position Index Strategies with IUL   Top 10% strategies – if you earn more than $140K, than top 10% earner and most financial advice does not apply anymore Wealth gets more wealth – save and invest more money using leverage can grow massively thru compound interest   “One Thing” Retirement Plan – 401K, and stocks (+ W2 income), hope it goes up and no volatility (market risk). 90% of people are on this plan – Need to get away from this plan and diversify your retirement plan Retirement Rule or 4% Withdrawal Rule – is outdated, and often will fund one's lifestyle in retirement   More efficient use of money Assets can act as an inflation hedge, as they increase in value when Inflation rises. Income Streams – Good use of Harvesting type assets leads to multiple income streams Loan Collateral – borrow against assets, or use as collateral to get a loan or another asset Credit Line – borrow from assets (ie – bank credit line, real estate credit line) Refinance – cash out refinance of real estate leads to tax free money returned Net Worth – personal financial statement, fill out yearly and list asset values   Markets are inefficient, and often irrational. Humans are emotional and tend to panic when they see scary headline on CNBC. People sell on fear of a recession, disregarding the fact that many of these big companies will not go out of business.  Trading in the Markets have changed with all the super computers and algorithms involved in daily stock trading. Computers can create huge sell offs in the market, because of the programs and indicators they operate off of - artificial intelligence.  Financial Advice should be more holistic. Too much advice is based on buying stocks, vs growing your overall net worth. To grow wealth, one must have cash flowing assets. You want to put yourself in a solid financial position owning different assets (like real estate, stocks, etc.) so you can handle economic downturns.  The stock market value is all on paper until you sell, so it is inefficient on capturing gains. The wealthy may only have 20 - 30% of their money in the stocks. It is hard to be consistent and disciplined in your investing. You need ways to generate cash, and lock in gains.  It is important to understand Market Cycles, and how they work, plus how long they will last. Howard Marks writes often on this topic, in his memos or the book he wrote on the topic (here is a summary). If you can recognize these cycles, it helps in investment planning.  Tiger 21 Club - Follow this super investor group for ideas, and how they diversify their investments. Allocation usually has 25% in real estate, 25% in stocks, 25% in private equity, 10% in cash, and the rest is Bonds or other investments.  https://tiger21.com/     More Info on WFL and Tax Free Matching: HERE     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

AZ Tech Roundtable 2.0
Beware Taxes! Defense is What You Need vs Offense in Your Investment Gameplan - BRT S03 EP24 (123) 6-10-2022 – Wealth for Life

AZ Tech Roundtable 2.0

Play Episode Listen Later Jun 10, 2022 22:26


Beware Taxes! Defense is What You Need vs Offense in Your Investment Gameplan - BRT S03 EP24 (123) 6-10-2022 – Wealth for Life   Things We Learned This Week Balance in a Financial Plan – Combo of Offense & Defense, Synergy of the Mix Offense – Stocks, and other growth Assets, Real Estate rental property, owning a business, etc. Defense – Tax Protection (moving $ to a Tax Free Position) “One Thing” Retirement Plan – 401K & stocks, hope it goes up and no volatility (market risk), 90% of people are on this plan Tax Buckets, broken into 3 categories of Taxed (income), Tax Deferred (401K), Tax Free (Roth)     Co-Host: Denver Nowicz, President - Wealth For Life https://wealthforlife.net/brt/ https://twitter.com/denvernowicz   Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing'.   Notes:   Synergy of Offense / Defense – diversification of income streams, lessen market risk   Offense – stocks, crypto, real estate Defense - IUL, Cash Flowing Business, Real estate, bonds, dividend stocks Offense – tactical – hold 15-20 stocks – aka ‘best houses on the block' Tactical Investment Strategy – goal of growth, shift with market sentiment, value to growth or growth to cyclical – active management.  15% beat market, 85% do not. Secular trends – housing, building or energy Index – safe but will not out perform market, just bought off shelf. Index has Market risk and Zombie Co. problem. Cash = bad, gets eaten up by inflation = Inflation risk Stock market – good at growth, but inefficient on income, hard to capture the gains  “One Thing” Retirement Plan – 401K and stocks, hope it goes up and no volatility (market risk). 90% of people are on this plan. Build Assets – or create assets, like a digital brand Never go back to Vegas with scared money. Lose $, then chasing losses Combine offensive and defensive strategies   Defense – wins championships, stable. Finances are stable, allows you to take risks IUL, CF business. During bad market, wait for stocks to rebound and pull money from IUL or business. Visual – what is needed income or expenses – cover basics, then invest other money. Defense = 40% More wealth created, less money in market – money from business or real estate, move money to index strategies. Use financial leverage to increase wealth. Average worker – salary and money in market (401 K). All money is offensive strategy and subject to disruption and market risk. Defense – Tax Protection and Tax Buckets 3 taxed, tax free, tax deferred Tax brackets – progressive tax system. Tax income in tiered system Taxes highest expenses, eats away at wealth - IRS – puts target on wealthy people Takes time to move people to tax free position.   Government/IRS is your silent partner –they will get their cut Taxes – permanent loss of 25-50% every year 401 K / Tax Deferred – pay taxes later and do not know rate Tax brackets – max out tax position and use 401 K   Segment defense money out – Secure future income with 20% of capitol. Frees up capitol for offensive strategy Capital Control – no losses, principal protection, Lock in Gains .   Wealthy has less money in 401 K retirement income or home equity. Instead own assets – business or real-estate that have tax shielding qualities or private foundation Leverage OPM – wealthy use other people's money to invest, eran ROI on bigger sum of money, then take $ via loans, does not count as income on taxes   Business owner – advantages with LLCs, Trusts, Insurance  and expense write offs     More Info on WFL and Tax Free Matching: HERE     Wealth For Life Topic: https://brt-show.libsyn.com/category/Wealth+For+Life   Link to Taxes Show on 10/31/2021 w/ Denver: Here Link to Offense / Defense Show on 6/6/2021 w/ Denver: Here Link to Shows, Denver was a Guest: Here   Investing Topic: https://brt-show.libsyn.com/category/investing More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of     Thanks for Listening. Please Subscribe to the BRT Podcast.      Business Roundtable with Matt Battaglia The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business. BRT 2.0 looks at the new trends in business, and how classic industries are evolving.  Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more…  BRT Podcast Home Page: https://brt-show.libsyn.com/ ‘Best Of' BRT Podcast: Click Here BRT Podcast on Google: Click Here BRT Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/podcast-brt-home/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.  

Pigskin Daily History Dispatch
World Football League with Mark Speck Part 2: The 1974 Season

Pigskin Daily History Dispatch

Play Episode Listen Later May 25, 2022 42:00


Author and historian Mark Speck visited the Pigpen to give us a historic walk down memory lane of the https://pigskindispatch.com/(searchresults)?q2=%22World+Football+League%22 (World Football League) of the mid-1970s. This is part 2 of our chat of the WFL's first season and some of the major highlights that occurred in it. Join us in this tremendous gridiron history lesson! Come join us at the https://pigskindispatch.com/ (Pigskin Dispatch website) and the https://jerseydispatch.com/ (Sports Jersey Dispatch) to see even more Positive football news! Sign up to get daily football history headlines in your email inbox @ https://pigskindispatch1.aweb.page/p/92342af4-80c0-41a6-8ea2-80671be8d774 (Email-subscriber) Miss our football by the day of the year podcasts, well don't because they can still be found on the https://pigskindispatch.com/ (Pigskin Dispatch website). Go to https://my.captivate.fm/SportsHistoryNetwork.com/Row1 (SportsHistoryNetwork.com/Row1 )for access to the full Row One catalog for gallery prints and gift items. Plus, get a 15% discount on all prints on the Row One Pictorem Gallery with coupon code SHN15.

Pigskin Daily History Dispatch
The World Football League History with Author Mark Speck: Part 1

Pigskin Daily History Dispatch

Play Episode Listen Later May 23, 2022 42:45


Author and historian https://pigskindispatch.com/(searchresults)?q2=%22Mark+Speck%22 (Mark Speck) visits the Pigpen to give us a historic walk down memory lane of the World Football League of the mid-1970s. This is part 1 of our chat where the WFL origins and activities lead up to just before the first game was played. Join us in this tremendous gridiron history lesson! It is a privilege to have the opportunity to talk about the World Football League with guest Mark Speck, who has written numerous books on the league. Here is a list of some of the pieces that Mark has authored on the WFL with http://stjohannpress.com/?s=Mark+SPeck&x=11&y=12 (St Johann Press): http://stjohannpress.com/world-football-league-encyclopedia/ (World Football League Encyclopedia) http://stjohannpress.com/wiffle/ (WIFFLE) http://stjohannpress.com/nothing-but-a-brand-new-set-of-flat-tires/ (Nothing But A Brand New Set of Flat Tires) http://stjohannpress.com/and-a-dollar-short/ (…and a dollar short) Come join us at the https://pigskindispatch.com/ (Pigskin Dispatch website) and the https://jerseydispatch.com/ (Sports Jersey Dispatch) to see even more Positive football news! Sign up to get daily football history headlines in your email inbox @ https://pigskindispatch1.aweb.page/p/92342af4-80c0-41a6-8ea2-80671be8d774 (Email-subscriber) Miss our football by the day of the year podcasts, well don't because they can still be found at the https://pigskindispatch.com/ (Pigskin Dispatch website). Go to https://my.captivate.fm/SportsHistoryNetwork.com/Row1 (SportsHistoryNetwork.com/Row1 )for access to the full Row One catalog for gallery prints and gift items. Plus, get a 15% discount on all prints on the Row One Pictorem Gallery with coupon code SHN15.

Good Seats Still Available
260: The World Football League - With Ryan Hockensmith

Good Seats Still Available

Play Episode Listen Later May 9, 2022 115:30


We revisit the endlessly fascinating World Football League - and its enigmatic founder/first commissioner Gary Davidson - with ESPN.com senior writer Ryan Hockensmith ("The Renegade Who Took On the NFL [And the NBA and the NHL]").   Drawing on recent interviews with Davidson, former NFL defectors Larry Csonka & Paul Warfield, and previous podcast guests Howard Baldwin & Upton Bell, Hockensmith delves into some of the more memorable (and a few of the truly unbelievable) historical moments in the WFL's brief mid-1970s existence - all one-and-a-half seasons of it.   The tales are tall, but the history is real - and Hockensmith makes it seem as fresh and vivid as the original events themselves nearly 50 years after its flashy debut and quickly spectacular flameout.

Yesterday's Sports
1975 Dallas Cowboys (Best Draft Class in NFL History?)

Yesterday's Sports

Play Episode Listen Later Apr 26, 2022 8:03


Yesterday's Sports is part of the https://sportshistorynetwork.com/ (Sports History Network - The Headquarters For Sports Yesteryear). NETWORK SPONSORS https://sportshistorynetwork.com/row1/ (Row One) - the vintage shop for sports history fans! EPISODE SUMMARY 1975 was supposed to be a season of rebuilding for the Cowboys. Veterans Bob Lilly, Cornell Green, Dave Manders, and Walt Garrison had all retired during the off-season. Bob Hayes was traded to the 49ers, John Niland to the Eagles, Craig Morton to the Giants, and Calvin Hill joined the WFL. That's a lot of big shoes to fill. Most of the so-called experts had predicted a long season for the Dallas Cowboys. Most said they would be fortunate to finish with a .500 winning percentage and the playoffs were highly unlikely. But what the experts failed to understand is that the Cowboys don't rebuild; they reload! You can read the https://sportshistorynetwork.com/football/nfl/1975-dallas-cowboys-draft-class (full blog post here). YESTERDAY'S SPORTS BACKGROUND Host Mark Morthier grew up in New Jersey just across the river from New York City during the 1970s, a great time for sports in the area. He relives great moments from this time and beyond, focusing on football, baseball, basketball, and boxing. You may even see a little Olympic Weightlifting in the mix, as Mark competed for eight years. See Mark's book below. https://amzn.to/3kf5MuO (No Nonsense, Old School Weight Training: A Guide For People With Limited Time) https://amzn.to/3snjccy (Running Wild: (Growing Up In The 1970s))

The Nonlinear Library
EA - Direct effects of marine plastic pollution on wild animals seem small by Vasco Grilo

The Nonlinear Library

Play Episode Listen Later Apr 19, 2022 2:40


Welcome to The Nonlinear Library, where we use Text-to-Speech software to convert the best writing from the Rationalist and EA communities into audio. This is: Direct effects of marine plastic pollution on wild animals seem small, published by Vasco Grilo on April 19, 2022 on The Effective Altruism Forum. Summary 1 kg of plastic is emitted to the ocean per capita per year. 0.0002 seabirds / marine mammals are killed by marine plastic pollution per capita per year. 200 wild fish are caught per capita per year. The catch of wild fish is 1 M times as large as the number of seabirds / marine mammals killed by marine plastic pollution. The data and calculations are presented below. Data Plastic emitted to the ocean in 2010 (PEO): 8 Mt. World population in 2010 (WP): 6.92 G. Deaths of seabirds caused by plastic debris (DS): > 1 M/year. Deaths of marine mammals caused by plastic debris (DMM): > 100k/year. Catch of wild fish (WFL to WFH): 0.97 T/year to 2.7 T/year. Calculations Plastic emitted to the ocean per capita in 2010 (PEOpC): PEO / WP = 8 Gkg / 6.92 G = 1.16 kg. Plastic emitted to the ocean to cause one death of a seabird or marine mammal (PEOpD): < PEO / (DS + DMM) = 8 Mt / (1 M + 100 k) = 7.27 t. Seabirds / Marine mammals killed by per capita plastic marine pollution in 2010 (DpC): > PEOpC / PEOpD = 1.16 / 7.27 k = 159 u. Wild fish caught per year (WF): (WFL WFH)^0.5 = (0.97 2.7)^0.5 T = 1.62 T. Catch of wild fish per capita per year (WFpC): WF / WP = 1.62 T / 6.92 G = 234. Ratio between the catch of wild fish and the number of seabirds / marine mammals killed by marine plastic pollution: WFpC / DpC = 234 / 159 u = 1 M. 1 kg is the global value, and it is much smaller for many countries. Most of the countries emit less than 0.1 % of the plastic waste to the ocean (see this map), although 3 % of the global plastic waste is emitted to the ocean. Thanks for listening. To help us out with The Nonlinear Library or to learn more, please visit nonlinear.org.

My Favorite Mistake
Historian Denis Crawford on Sports Ownership Mistakes; Will the New USFL Avoid Repeating Mistakes?

My Favorite Mistake

Play Episode Listen Later Apr 14, 2022 49:13


My guest for Episode #157 of the My Favorite Mistake podcast is Denis Crawford, a historian who is the author of books including his latest, The Life and Teams of Johnny F. Bassett: Maverick Entrepreneur of North American Sports. Episode page, video, transcript and more: https://markgraban.com/mistake157 Denis M. Crawford holds a PhD in American Studies, teaches at Youngstown State University, and is managing editor for “The Coffin Corner,” the official magazine of the Professional Football Researchers Association. He is an honorary member of the Bucs UK, the largest American football fan club in the United Kingdom, and a 2010 inductee to the Bucs UK Hall of Fame. Denis is also my uncle — even though he's just a few years older than me. In today's episode, Denis shares his “favorite mistake” story about not taking advantage of sports journalism internships in college. Why did his young “arrogance” get in the way of his dream of becoming a play-by-play announcer? We talk about what Denis learned and we talk about some of the mistakes made by Johnny Bassett as a professional sports owner. Part of the conversation looks back at the original USFL — and some of the battles between Bassett and Donald Trump (then-owner of the New Jersey Generals). With the new USFL launching this week, will the league manage to prevent its past mistakes? We also talk about questions and topics including: Bassett's biggest mistakes? And I ask this realizing that he was generally the most successful owner in failed leagues… When he owned the Toronto Toros, what was the worst mistake that he could have made? Mistakes in overpaying players behind budgets or salary caps… Bassett seemed determine to avoid repeating mistakes from the WFL (and WHA) — how did the USFL end up undermining that? Trump the businessman… decided to move the league to the fall to compete directly with the NFL Did you get to read the letter Bassett sent to Trump? You got to interview Wayne Gretzky and some other Hall of Fame athletes — did you have jitters? A new version of the USFL (or at least a rebranded Spring League) will launch April 16 2022… If the original USFL didn't learn from Johnny Bassett's WFL mistakes, will they avoid repeating the same mistakes this time? How have leagues like MLS and the WNBA avoided the fate of Bassett's leagues and others? --- Support this podcast: https://anchor.fm/favorite-mistake/support

Good Seats Still Available
252.5: The TVS Television Network - With Howard Zuckerman [Archive Re-Release]

Good Seats Still Available

Play Episode Listen Later Mar 14, 2022 77:47


[A September 2017 archive re-release favorite with the production wizard behind behind early network TV coverage of the World Football League & North American Soccer League of the 1970s!] On January 20, 1968, a frenzied crowd of 52,693 packed the Houston Astrodome to witness the #2-ranked University of Houston Cougars nip the #1 (and previously undefeated) UCLA Bruins in a college basketball spectacle that legendarily became the sport's “Game of the Century.”  In addition to the record-sized gate, it was the first-ever college game to be televised nationally in prime time – and it was sports entrepreneur Eddie Einhorn's scrappy little independent network of affiliated stations called the TVS Television Network that brought it to millions of TV viewers.  Calling all the shots from the production truck was veteran TV sports director Howard Zuckerman – who quickly became the backbone for the fledgling ad hoc network's subsequent coverage of not only college hoops, but also two of the most colorful pro sports leagues of the 1970s – the World Football League and the North American Soccer League.  Zuckerman joins host Tim Hanlon to recount some of his most memorable (and forgettable) moments in TVS history, including: Surviving a power outage in the middle of the WFL's first-ever national telecast from Jacksonville; Managing a motley crew of rotating guest commentators for WFL broadcasts, including the likes of George Plimpton, Burt Reynolds and McLean Stevenson; Hastily reorienting weekly WFL production travel plans as teams suddenly relocated or folded; Faking on-field injuries during NASL telecasts to allow for ad hoc commercial breaks; The origins of the specially-composed TVS theme song and its orchestral big band sound; and Post-TVS work, including the Canadian Football League's Las Vegas Posse, and the worldwide music landmark event Live Aid. 

SHN Showcase
Bromancing CFL, NFL, UAB and off-brand football

SHN Showcase

Play Episode Listen Later Oct 15, 2021 44:06


The SHN Showcase is part of the Sports History Network - The Headquarters For Sports' Yesteryear...In this week's episode of the SHN Showcase, host Os Davis (of Truly The GOATs) chats with Scott Adamson, co-host and producer of the From the 55 Yard Line podcast and author of the book The Home Team: My Bromance with Off-Brand Football. On this episode, Scott and Os discuss just how a sports journalist in Alabama acquires a fandom for Canadian football; the state of the CFL; the awesomeness of the WFL and USFL (RIP); the possibilities for yet more spring football in the US; and whether or not killing a sports league qualifies The Rock for the presidency… HIGHLIGHTED PODCASTFrom the 55-Yard Line takes a hot read on the history, remembrances, culture, lore, legends and meaning of professional football around the world. No, really: Co-host Scott Adamson's recent book The Home Team covers Birmingham, Alabama's history with leagues like the WFL, USFL, CFL, XFL and AAF. His podcasting partner Greg James is meanwhile just as likely to produce an episode on Japan's X League(!) as on early 20th-century American football…

The Mission Isnt Real
Episode 19: UFC 266 & One Chip Challenge

The Mission Isnt Real

Play Episode Listen Later Sep 29, 2021 70:32


On this episode the Coolbois talk UFC 266, Winners & Losers in MMA. Jon Jones got arrested once again, will he ever change? WFL a new MMA league? Saul transitions from a Texas Coolboi to a Colorado Rancher. The Mission Isn't Real team faces death and tries the One Chip Challenge. Pagosa Springs Trip & Cutting the episode short! Music by Cluster Buster: Seven Doors of Death --- Send in a voice message: https://anchor.fm/missionisnt/message