CAPitalize Your Finances: Recent Episodes
Christopher A. Panagiotu, CFP®, CRPS®
This is CAPitalize Your Finances, the show representing YOU, a select group of excited, ready, and fired up listeners seeking to potentially maximize your money moves. We don’t settle for generic advice of always and nevers. Our currency is our intellect and we constantly seek the logical way of likely creating advantages to potentially maximize wealth for our personal and unique situations. This show brings YOU the step-by-step framework to CAPitalize Your Finances in the aspects of YOUR Financial Situation and we strive to explore strategies and ideas to potentially help you CAPitalize on your financial decisions. We are CAPitalizers and this is our show!
In this episode I explore a challenge that many people face: struggling to save money. Want some practical ways to turn things around? You go it!
I’ll start by explaining how to diagnose the problem, from tracking every dollar to separating needs from wants. I'll also get into cutting unnecessary expenses like subscriptions and dining out, and even big changes like housing or transportation adjustments. I also cover ways to boost your income – things like asking for a raise or investing in skills that increase your long-term earning power. Then I dig into why automating your savings, building an emergency cushion, and tackling debt strategically can transform your financial stability.
In the end, it’s all about shifting your mindset toward consistent small wins, because good money habits (like compounding) can lead to real, lasting progress.
Find out more – tune in to today’s episode!
Today I’m going to take you through the ten essential steps to buying a home the right way. I'll talk about preparing your finances and getting approved before you buy, as well as how to find the right agent and make a smart offer – ALL in clear, practical terms.
I’ll cover how to avoid pitfalls like PMI, why having an emergency and maintenance fund matters, and what to expect during inspections, appraisals, and closing. I’ll also explain how to balance emotion with logic during house hunting, why the mortgage side of things often makes the biggest long-term impact, and how refinancing can free up future cash flow.
This episode is a roadmap on how to navigate the process step by step, so you feel prepared instead of overwhelmed. Tune in and find out more!
On today's episode I lay out a straightforward roadmap to making your first million dollars. Here's a preview – it's not about chasing flashy trends or trying to outsmart the system. Rather, it's about focusing on the basics and sticking with them. With that in mind, I’m going to give you eight key steps that apply whether you’re a business owner, a commission-based professional, or a salaried employee.
I’ll cover how to identify what you’re good at (and enjoy), build the right relationships, network effectively, fill your calendar with meaningful meetings, and master the art of closing and asking. I’ll also dive into why keeping your lifestyle in check, investing consistently, outsourcing wisely, and understanding taxes are game changers.
Find out how simple, consistent actions like these may compound into seven-figure wealth for you!
On today’s episode I break down the 8 biggest wealth killers to avoid in your 20s and 30s. There are SO many of them out there: lifestyle creep, high-interest debt, overspending on cars or housing, ignoring investing early, skipping insurance, chasing get-rich-quick schemes, and neglecting your own earning power, just to name a few.
These can quietly sabotage your financial future if you’re not careful. I’ll explain why each one is so dangerous, share the mindset shifts you need to overcome them, and give you practical fixes you can start applying right away. The good news? Most of these mistakes are simple to avoid once you know what to look for!
Tune in and learn what you need to know while you’re still young. Trust me on this: your older self will thank you one day!
On today's episode I’m taking it “back to basics” with a comprehensive beginner’s guide to investing. I’ll cover what investing really is, the major types of investments available (from cash and bonds to ETFs, mutual funds, and alternatives) and how to decide what’s right for you based on your goals and comfort level.
How can tax-conscious planning make a bigger difference than you realize? How do you build a strategy that fits your life instead of chasing trends? I’m going to break down investing in plain English – what it is, how to start, and how to keep from making expensive mistakes. By the end, you should know exactly how to approach your portfolio and make smarter decisions with your money.
Tune in, and start CAPitalizing!
On today's episode I lay out a step-by-step plan to help you fix your finances in just six months. We start with the basics: tracking expenses, calculating net worth, and cutting unnecessary spending. Then we start building momentum with an emergency fund and attacking high-interest debt using the “avalanche” method.
From there, I show you how to increase income, optimize your budget, and keep lifestyle inflation in check so you can make meaningful progress quickly. When do you start investing? How do you prioritize retirement accounts, and why is protecting your progress with the right insurance and automation essential? I’ll answer all of these questions and more.
If you’ve ever wondered how to take control of your money and see real results in half a year, I'm here to give you the blueprint to do it. Tune in and find out more!
This week I’m going to tackle one of the biggest questions you’ll ever face: am I saving enough for retirement – or maybe even saving too much? I’ll break it down into three clear sections: first, how to calculate what you’ll actually need in retirement (and why the 4% “rule” still matters); second, how to measure what you’re on track to have by analyzing your net worth, debts, and current saving habits; and third, how to give yourself margin of safety along the way with smart adjustments, pay raises, and prudent investment planning.
I’ll also share with you some real estate basics, practical calculator tips, and strategies to avoid common mistakes. Do NOT miss this fascinating episode – it just may give you all the clarity and confidence you need to build the right amount of savings without putting a crimp in your lifestyle!
Money stress is real, but it doesn’t have to rule your life. That's why I’m focusing today’s episode on my top seven strategies to reduce financial anxiety and take back control of your wealth. I'm talking about things like hiring the right fiduciary team and simplifying your accounts, as well as creating purpose with your wealth, setting boundaries, and preparing for uncertainty.
I’ll also give you my thoughts on commission vs. fee-only planning, fiduciary confusion, ESG investing traps, and why over-monitoring your portfolio might be making things worse. Plus, I give a shout-out to Shaq’s financial philosophy (yes, really!) and explain why estate planning is the ultimate peace-of-mind move.
Tune in and learn about how to break the money stress spiral!
I don't care how old or young you are, there’s always something new to learn about money. On today's episode I break down the biggest financial challenges and opportunities facing people in their 20s, 30s, and 40s – and I’ll give you my top three pieces of advice for each decade.
From building an emergency fund and crushing high-interest debt in your 20s all the way up to tax planning, retirement strategies, and team building in your 40s, I cover the practical steps you need to take right now to stay ahead of the game. If you're trying to level up your finances and avoid common pitfalls, this one’s for you.
No matter where you are in life, it’s important to keep building—and keep CAPitalizing. Have a listen and find out more!
It’s a fact of life that accidents sometimes happen. And if you're entitled to settlement money, you'd better know what to do with it. So today I break down how to handle a financial windfall from a personal injury settlement.
Whether it’s whiplash or life-altering injuries, I walk you through the critical first steps (spoiler alert: call a personal injury attorney!) and then give you a five-tiered framework for managing the money wisely, AND tax-free. I’ll show you how to use your settlement to pay off debt, supercharge your retirement plan, and create a long-term plan for your future.
This one’s about protecting what’s rightfully yours – and CAPitalizing on it like a pro!
Paycheck bonuses can either be a blessing or a missed opportunity. In this episode of CAPitalize Your Finances, I walk you through exactly what to do with your bonus, no matter how big or small. I make it really easy for you by breaking it down into five tiers and giving you a step-by-step roadmap to potentially maximize your windfall.
I talk about everything from paying off high-interest debt to using advanced strategies like backdoor Roths, alternative investments, and even opportunity zones. I also share important tax tips, estate planning ideas, and ways to think about short- vs. long-term goals.
If you’ve ever received a bonus – or plan to – this is your ultimate guide to making it work FOR you, not against you!
Taxes may not be fun but navigating them smartly can save you serious money – and in this episode, I break it all down for you. I’ll take you through how our tax system actually works (by the way – it's not as straightforward as you might think), the difference between marginal and effective tax rates, and why understanding capital gains matters more than ever.
I’ll also cover deductions, credits, and strategies for business owners, freelancers, and W-2 employees alike. It doesn’t matter whether you’re adjusting to a major life event or you’re just trying to avoid costly mistakes; I've loaded this episode with practical tips and real-world examples to help you make smarter moves.
Give it a listen – maybe twice – and I assure you you’ll be better prepared and more confident come tax time!
Ever wonder how your net worth stacks up against others your age? Today I break down what net worth by age really looks like, using both the average and the median, and why one of those numbers matters WAY more than the other.
I'll also give you some simple, practical strategies to potentially grow your net worth, avoid common pitfalls, and take advantage of compounding. We’ll cover debt payoff techniques, the power of automation, and why your house might not be helping your net worth as much as you think.
These are some real-world tips that you can start using right away to start building some financial momentum. Tune in and take the next step toward owning your financial future!
Today’s episode involves a topic that’s incredibly close to home: what to consider when one parent decides to stay home instead of working. I break down the real numbers and emotional impacts of shifting to a single-income household, including assessing the financial tradeoffs, managing health insurance, emergency funds, and long-term retirement planning.
I'll also talk about the non-financial value of being a present parent, and how intentional conversations with your partner can lead to better alignment, less stress, and – yes! – more joy. It’s a conversation about money, for sure. But even more, it’s about values, priorities, and building a life that truly reflects what matters most.
Tune in and learn all about making the shift to a single income household on my latest episode of CAPitalize Your Finances!
I’ve said it before: I’m not against side hustles, but I am against bad planning. In this episode, I’m giving you the blueprint for turning your side gig into a sustainable, full-time business. I’m talking about evaluating market demand and pricing your services, along with budgeting for startup costs and building your all-star support team. VERY important information!
You’ll also learn when (and how) to go full time, why doubling your estimates is a smart move, and what financial benchmarks to hit before making the leap. Then there are the legal considerations: financial statements, scaling tips, and the risks of taking on investors or debt.
If you want to know how to turn your side business into something potentially huge, don’t miss today’s episode of CAPitalize Your Finances!
Let’s be honest here: your 401(k) is probably your best shot at financial freedom. Unfortunately, most people have no clue how to use it properly. Today, I’m going to walk through what you need to know about investing in your 401(k), including the truth about target date funds (preview: I think they’re garbage), why employer matches are free money, and how fees and overdiversification can mess you up if you’re not careful.
I'll also tell you how to rebalance your account, when to start adjusting your allocation, and what to do with your plan when you leave your job (after all, it's YOUR money, so know how to take it with you appropriately).
Have you ever wondered whether you’re making the most of your company retirement plan? If so, you're in luck because THIS is the 401(k) episode you don't want to miss!
What does “retiring early” actually mean? Is it really as great as it sounds? In this episode, I challenge the conventional wisdom around early retirement, breaking down the FIRE movement, redefining what retirement can look like today, and exploring the often-overlooked emotional and financial tradeoffs.
You’ll get insights from my own practice, and I’ll discuss how to structure your investments, take advantage of tax strategies like 72(t) and Roth laddering, and I’ll reveal the real costs – financial, personal, and psychological – of leaving the workforce too soon.
Are you chasing freedom or just curious about your options? I’ve got the candid advice and tough questions you need to help you make an informed decision about your next chapter early… or not.
In today’s episode, I sat down with one of the top minds in the world of alternative investments: Tony Davidow, author of Private Markets. We talked about the evolving role of alternatives, like private equity, credit, real estate, and infrastructure, and how they can be used more thoughtfully within a financial plan.
I challenged Tony on the disconnect between institutional frameworks and the needs of everyday investors, and we discussed where asset allocation falls short – and how to fix it. We also talked through how financial philosophy is changing and why having access to the right tools (and the right mindset!) can be a total game-changer for long-term investors.
Sure, this one’s a little nerdier than usual… but if you’re ready to think deeper about the future of planning, then tune in and find out more!
In today’s episode of CAPitalize Your Finances, I interviewed a long-time fitness influencer, Marc Lobliner—who is an entrepreneur, pro bodybuilder, and all-around force in the supplement industry. We talked business strategy, fatherhood, stress, and staying sharp, both mentally and physically.
Marc gets real about the grind behind the scenes, how he stays disciplined while traveling the world, and what it's like raising kids with a competitive edge. We also get into the supplement space—from the evolution of ingredients and FDA regulation to Marc’s philosophy on social media and legacy. Plus, he drops some hard-earned wisdom on building wealth, staying authentic, and why real success never comes easy.
Whether you're a business owner, a fitness enthusiast, or just someone trying to get better every day, there's something here for you.
Emergency funds are not the flashiest part of financial planning, but one thing's for sure: they’re arguably the most important pieces of personal finance. In this episode, I’m revisiting why. Today, I will talk about how to determine the right amount of cash reserves based on your income, expenses, and career situation, and why your emergency fund should evolve as your net worth grows.
From freelancers to business owners to full-time employees, you’ll get practical advice to make sure your emergency fund actually works when you need it most. Plus, we’ll talk automation, online savings accounts, and even how to make your cash reserves work for you.
Mastering these simple concepts will help you immensely...never ignore the boring stuff because it's the boring stuff that will eventually save you.
Summer’s almost here, but that doesn’t mean you should take your foot off the financial gas pedal. In this episode, I talk about credit card debt – how it happens, how to handle it, and how to keep it from coming back.
I’ll discuss the psychology behind overspending, the role of behavior in financial planning, and why compounding interest can work for you or against you. I also explain the two most common debt repayment strategies, the avalanche and snowball methods, and when it makes sense to consolidate debt.
And there’s more! How about some tips on staying debt-free, building an emergency fund, and using credit cards responsibly? Whether you’re in debt or just want to avoid it, I'm passing along the tools you need to keep your finances moving forward.
Keep CAPitalizing!
On today’s episode, I break down the cash flow milestones that matter most to you. Whether you’re struggling to make ends meet or building even greater wealth, understanding how to track and optimize your cash flow is essential. I’ll cover the key stages that signal real progress toward financial independence, including climbing out of debt and eventually covering fixed expenses with investment income.
What’s the difference between passive income and smart reinvestment? Why does reinvesting in yourself or your business often offer the best return? What about the myth of “good” dividends? I'll also share why it’s so important to celebrate your milestones, and how to do it without getting complacent.
If you’re looking to gain momentum with your money, today's episode is a MUST listen!
In this episode I tackle one of the most common challenges that entrepreneurs, commission-based professionals, and business owners face – how to manage variable income. From flexible budgeting and prioritizing fixed expenses to building an emotional buffer through smart cash management, I’ll walk you through how I coach clients (and live it myself) to bring more predictability and a greater sense of calm into an unpredictable world.
I also dig into tax timing strategies, income smoothing tips, and why automation can actually backfire when your income isn’t steady.
Whether you’re navigating lumpy paychecks or gearing up for a slower season, this episode will help you CAPitalize and take control of your cash flow, no matter what the market – or your income – throws your way!
I’ve been looking forward to this one...
“Professor” Rick Plum has been a mentor, friend, and sounding board for more than a decade, and in this episode, he joins me in studio for a conversation about one of the most misunderstood topics in finance: Social Security.
Will Social Security Run out? How is it funded? What are the best strategies to be aware of with tax proposals coming to possible fruition in Congress? When should you claim Social Security for retirement income?
We get into all of this and then some. I even give you some bonus topics towards the end of our conversation to chew on...
Regardless if you are retiring soon or just trying to make sense of the system, this episode is one you’re going to love!
Keep CAPitalizing!
We all hear about the dream of homeownership—but what about the downsides? In this episode, I take a look at the often-overlooked “dark” sides of owning a home: things like hidden maintenance costs, rising property taxes, liquidity traps and zoning nightmares.
I’ll explain why your home may not be the great investment you may think it is, why being “house rich and cash poor” can wreck your financial plan, and how HOAs and local laws can quietly control more than you realize.
Don't get me wrong -- homeownership can be wonderful! But before you buy (or buy again), I want you to understand what you’re really signing up for. If you want to be financially smart and prepared, you MUST tune in today!
What should you do with extra monthly cash? Today I’m going to walk you through a clear strategy to help you prioritize and CAPitalize. You'll find out about boosting your emergency fund and paying down high-interest debt, and how to make smart retirement contributions and planning for major life goals like a home or travel.
I also dive into the overlooked power of HSAs, donor-advised funds, and even how to treat yourself responsibly without derailing your financial progress. I’ll also share with you a personal story about hitting all my professional goals in 2024—what it cost me, and why my focus in 2025 is shifting from quantity to quality.
Are you earning more and wondering how to put that money to work? Tune in to this week’s episode and let’s start CAPitalizing!
In this special bonus episode, I dive into the strange—but very real—new partnership between DoorDash and Klarna that allows users to finance their fast food. Yes, you read that right.
I break down what this “buy now, pay later” option really means, how it works, and what the implications are for consumers. I’ll give you the potential pros (like flexible payments for those in a cash crunch) to the dangerous cons (sky-high interest rates and the risk of debt spirals); in other words, you’ll get the full picture, along with my unfiltered take on why this trend deeply concerns me.
If you care about financial literacy or know someone who needs a wake-up call, this is a must-listen. Let’s talk about the real cost of your burrito bowl, and why the simplest rule still applies: buy only what you can afford.
This week I sat down with banking veteran and author Kevin Howard for a conversation that pulled absolutely no punches. We dug into everything from tariffs, globalization, and income inequality to the historical forces that shaped today’s financial system.
Kevin’s background—working with Fannie Mae, Freddie Mac, and through the Great Financial Crisis—gives him a front-row view of how the system was built, where it broke, and where we may be headed. We also covered the big banks (including which ones may not survive), DOGE, government cuts, and why some of the most important economic shifts are happening behind the scenes.
Buckle up—this one is deep, wide-ranging, and filled with insights that go WAY beyond the headlines. Tune in, have a listen, and let's CAPitalize!
I’ve been getting so many awesome questions from you, my loyal listeners, and today I’m going to answer more of them! I’ll start off with a tip about reverse-engineering your major financial decisions—especially big ones like buying a home—by projecting out the next decade and weighing the trade-offs.
Then I dive into your submitted questions, including the things that most people overlook in personal finance, why true long-term investing isn’t as “set it and forget it” as it sounds, and how to think “bigger” about growing your income. I also share my take on whether copywriting is a good side hustle for a newly minted dentist (spoiler: focus on your highest-earning skill!) and break down what to do if you have a Roth IRA but no 401(k).
So let's get to it and answer your most pressing questions! Keep ‘em coming, and keep CAPitalizing!
Back again with another round of fan questions! Today I’ll be tackling three key financial topics that many of you have been asking about. First up: when to cash out of the market for a down payment on a home—especially in an election year. Find out why timing isn’t everything and what you really need to focus on before making a move.
Then, we get into fixed costs vs. variable costs—what to do when your expenses feel like they’re outpacing your income, along with a strategy to take control. And finally, a big one: financial planning for a 28-year-old entrepreneur with a family. If you're starting a business, I’ll give you everything you need to set yourself up for the future.
Tune in today, and let’s keep CAPitalizing!
Interest rates are constantly changing, and knowing how to CAPitalize on them can make a huge difference in your financial future! Today I break down how to reassess your tax situation, identify refinancing opportunities, and leverage debt to your potential advantage.
How about some strategies for handling high-interest debt, maximizing cash flow, and making smarter investment choices based on interest rate trends? You’ll get those. Plus, I’ll explain how lower rates impact savings, real estate, private equity, and retirement planning.
Whether you're paying off loans, investing for the future, or just trying to make sense of all these economic trends, I’m here to help you navigate it all. So buckle up—there’s a lot to cover. Let’s get started!
401(k) mistakes are, unfortunately, all too common. So today I’m here to make sure you don’t fall into the same traps. What sort of mistakes am I talking about? Things like missing out on your employer’s match, overconcentrating in company stock, taking early withdrawals, or ignoring the fees. I’ll not only break down the biggest missteps I see time and time again—I’ll also show you how to avoid them.
I'll also explain how to maximize contributions, when to consider rolling over an old 401(k), and the importance of having what I call a “wealthy mindset” when it comes to fees.
Are you making the most of your 401(k)? Maybe not! Tune in to be sure you’re CAPitalizing on every opportunity your 401(k) has to offer!
Hitting the $1 million mark is a huge achievement—but what happens next? Today I’m going to break down key wealth management strategies to keep you on track once you’ve reached this financial milestone.
Right now is a great time to reassess your financial goals and manage lifestyle inflation. It may also be a good idea to optimize certain tax strategies like Roth conversions and tax-loss harvesting. If you don’t know your options, I’ll walk you through the essential next steps.
There are other issues as well: risk management, estate planning, and diversification, along with strategies for philanthropy and passing on wealth responsibly. Remember, making money is only half the battle – keeping that money is even harder. Tune in and find out more!
Today I’m going to debunk some of the biggest financial lies that people fall for—and trust me, there are plenty. You may have heard some of them: “You need to be rich to start investing,” “Carrying a credit card balance improves your credit score,” or “Renting is just throwing money away.” I’m here to set the record straight.
I also break down misconceptions about retirement, including the false belief that Social Security will cover all your expenses and that you can afford to wait to start saving. Plus, I’ll get into investment fallacies, the real definition of risk, and the dangers of financial misinformation, including get-rich-quick schemes.
So much to talk about today! If you want to separate financial fact from fiction, you MUST listen to this podcast. Tune in, take notes, and as always—keep CAPitalizing!
Fear of investing is more common than you think – and it’s holding many people back from potentially building real wealth. So today I’m going to break down the root causes of that fear, from emotional biases to misconceptions about risk. I’ll show you how to conquer your anxieties by starting small, understanding key investment principles, and focusing on long-term growth.
There's so much to cover here – from managing market downturns and navigating emotional decisions to debunking the industry jargon that really overcomplicates investing. Plus, I’ll give you some practical strategies to help you build confidence, simplify your approach, and get started on your financial journey.
Let’s conquer your fear of investing and start CAPitalizing on the future!
On this episode of Capitalize Your Finances, I’m jumping into a topic that's very personal to me: how to financially prepare for a baby. As a new parent myself, I've learned firsthand about the unexpected costs and the importance of proper planning.
I’ll start with the basics of budgeting, covering everything from hospital bills and baby gear to long-term expenses like childcare and education. I'll also share tips on building an emergency fund, adjusting financial goals, and managing hidden costs that catch many new parents off guard.
Then there are the crucial topics like health insurance, maximizing your HSA, and the often-overlooked importance of estate planning. Whether you're expecting your first child or planning for the future, today's episode will help you prepare both financially and emotionally for one of life’s biggest milestones!
Have you ever thought about going solo and starting your own business? Then you MUST listen to today’s episode! I break down the financial realities of self-employment—everything from budgeting and managing irregular income to building the right emergency fund and setting up retirement plans.
I’ll also give you insights on tax strategies, the importance of separating business and personal finances, and assembling the right team to support you. Plus, I dive into the emotional side of entrepreneurship—why mindset matters, how to handle the ups and downs, and what it really takes to prosper.
It doesn’t matter whether you’re just starting out or looking to level up; I’m here to help you CAPitalize on your financial future. Tune in and find out all about it!
In today's episode, I’m going to dive into eight transformative books that every aspiring investor, entrepreneur, and lifelong learner should read. From important investment strategies to mastering the art of marketing, I‘ll give you valuable insights from sources like Benjamin Graham and the Power of Growth Stocks, Common Stocks and Uncommon Profits, and The Joys of Compounding.
I’ll also highlight tips from Rise of the Reader to help you absorb knowledge like never before. What's more, you’ll also get my timely financial tip of the week on how understanding your tax return can empower your financial journey.
Whether you're looking to sharpen your investing skills, grow your business, or simply level up in life, you do NOT want to miss my latest episode of CAPitalize Your Finances. Tune in, and let’s CAPitalize together!
It's time to answer more of your pressing financial questions! Want some strategies for financing a new car, or deciding between contributing to a 401(k) or a company stock option plan? I've got the answers for you. I'll also break down the best options for setting up investment accounts for your children, including 529 plans, Roth IRAs, and even permanent life insurance.
My goal is to simplify complex financial decisions so you can take real steps toward your financial future. Keep the questions coming—I love hearing from you! Have a listen to this week’s episode, and as always, let’s keep CAPitalizing!
Today I’m switching things up a little bit and answering the questions you’ve sent to me! I've gotten some wonderful questions and comments from listeners covering a wide range of topics, including the age-old debate: stocks vs. mutual funds—where should you put your money? We’ll cover the pros and cons of each, the importance of understanding your financial temperament, and how tax implications can impact your investment decisions.
I also explore the fastest (and smartest) ways to potentially grow $300K into $1 million (here’s a hint: investing in yourself and your business may be your greatest asset!) Finally, I tackle a big one: how to think long-term in your financial life and embrace the power of compounding growth over time. Stick around – this episode is packed with practical advice to help you stay the course and keep capitalizing!
Welcome to the first episode of 2025 of CAPitalize Your Finances!
I’m here to help you kick off the new year with a bang, as I share with you my top 10 tips to help you make more money in 2025. From maximizing your retirement contributions and mastering the “art of the ask” (I love that one!), to understanding the true value of your time, this episode is packed with great advice and suggestions on what you can do right now to start making more money!
I’ll tell you about the importance of writing down your money goals (and sticking to them), investing wisely for the long term, and building a network that truly supports your growth. Plus, I’ll share why falling in love with the process is the ultimate key to lasting financial success.
Don’t miss these game-changing tips—your 2025 income just may thank you for it. Tune in now and start CAPitalizing!
Today I want to share with you my top five pieces of advice for new business owners, drawing from my own experiences and the many lessons I’ve learned. Whether you’re just starting your entrepreneurial journey or looking to refine your approach, I think you'll find these tips to be really helpful. From building a dream team of professionals like a CPA, bookkeeper, and financial planner to focusing on what truly matters—making money while maintaining your integrity—this episode has it all!
I also cover the importance of filling your calendar wisely, mastering the art of referrals, and strategically building relationships with complementary businesses in your community. I'll also share why asking for business doesn’t have to be awkward and I’ll tell you how to do it effectively.
If you’re ready to set your business up for long-term success, this episode is a must-listen. Keep CAPitalizing!
In today's episode I’m going to give you everything you need to know about side hustles and making more money. I absolutely LOVE talking about this stuff! I’ll start off (as I often do!) with my free tip of the week: how to game plan your financial goals for the New Year—a strategy that has transformed my own finances and can potentially do the same for yours.
I'll give you my four crucial steps to ensure your side hustle adds value rather than distractions. One of the first things to do is to focus on maximizing your "main hustle"—your primary source of income. Then, explore those side jobs that complement your main gig. I also break down why learning the art of selling is non-negotiable for success, no matter what your industry may be. Finally, I’ll tell you all about how to manage your earnings effectively to create a foundation for long-term financial growth.
This episode is packed with practical advice to help you CAPitalize your finances! Let’s get to work!
The holiday season can be both joyful and financially challenging, so in this episode of CAPitalize Your Finances, I’m sharing four practical tips to help you manage your budget during the holidays. One thing to keep in mind is not to set yourself up for failure by trying to overhaul your spending habits during this high-spending season—instead, maintain your standard of living and set realistic goals for January.
You know what else can significantly reduce stress? Creating a budget for gifts and allocating your spending thoughtfully—a simple yet powerful tip. Also, try to think about planning ahead for next year by saving incrementally throughout the year, turning holiday expenses into a manageable investment. And don’t forget that the true meaning of the holiday season is not about the gifts, but the time and love shared with family and friends.
Make this holiday season meaningful and budget-friendly! Tune in to this week’s episode and let’s CAPitalize our way into the new year!
Networking can make or break your career, so this week I’m sharing my top seven tips to help you become a master networker. Whether you’re brand new to the game or you’re a veteran who’s looking to sharpen your skills, these strategies will give you the edge you need to build meaningful connections, grow your business, and, ultimately, CAPitalize your finances.
What kind of tips am I talking about? Everything from filling your calendar with high-quality events to honing your ability to read people, this is great advice that you can start applying today – right now. Plus, I’ll reveal how making every interaction about the other person (and being genuinely curious) will almost always get you much better results. And stick around to hear the single most important networking tip I’ve ever shared - it’s a game-changer!
Let’s connect and grow. Have a listen to today’s episode and, as always, keep CAPitalizing!
On this week’s episode of Capitalize Your Finances, I’m thrilled to announce the release of my second book, CAPitalize Your Sales! This new addition to the series is all about helping you build the framework to make more money – whether you’re in sales, run your own business, or simply want to sharpen your income-boosting skills. In today’s episode, I share the motivation behind writing the book, what you can expect to learn, and how it ties into the concepts of CAPitalize Your Finances.
From networking strategies to reading body language and transitioning from salesperson to CEO of your life, my new book can be a great roadmap to help you succeed. I truly believe it can transform your approach to sales and financial success. Snag your copy today, have a listen to what my book is all about, and let’s keep CAPitalizing!
Want some strategies for doubling your income? Today’s episode is packed with mindset-shifting tips about how to accomplish this goal. First, I emphasize the importance of filling your calendar to maximize experience and build momentum, especially if you're just starting out. I'll give you my own personal experiences with networking and why meeting in person can set you apart.
You’ll also learn about the value of educating instead of hard selling and aligning yourself with your clients—invest in what you believe in, so you’re genuinely recommending the best. Focusing on high-return relationships in business and life, narrowing your circle to those who elevate you, will really help put you ahead. And don’t forget one essential message: never quit. Complacency kills progress, and staying relentless is what will keep you ahead.
Tune in to learn how to keep CAPitalizing on your own success on this week’s episode of CAPitalize Your Finances!
Today I’m going to give you some really cool strategies to boost your sales game and help you close deals with greater confidence. I’ll start off with my “tip of the week” which is really a reminder that it's not just about the price tag but the return on each investment. In other words, don’t be penny wise and pound foolish.
Want some tactics that can help lead to more sales success? Try a few of these tips: identifying and addressing multiple client pain points, checking in regularly during meetings, and, crucially, actually listening to understand clients' needs and preferences. Equally important is consistency and perseverance, especially for those big-ticket sales that take time to close. Lastly, I’ll tell you why every client interaction is a closing opportunity and why leaving your ego at the door is key to long-term success.
Have a listen to this week’s episode of CAPitalize YourFinances and let’s master the art of sealing the deal!
On this episode, I dive into a timely topic for investors:how to manage your portfolio during an election cycle. I’m going to share with you some insights on navigating potential tax impacts and why end-of-year trading spikes might happen regardless of the outcome.
I’ll also look at the importance of understanding politicalrisk within your portfolio. Did you know that sometimes, especially during periods of unpredictability, “boring” investments may be your best friend? I’ll also discuss why now is not the time to get overly creative with new strategies, plus how to find hidden opportunities in sectors no one’s talking about.
Have a listen and discover how to keep calm and stick to a solid financial plan amid all the election noise on today’s episode of CAPitalize Your Finances!
On this edition of CAPitalize Your Finances, I’m doing a deep dive into the art of attracting and converting sales prospects with four key sales strategies that have worked wonders for me.
I’ll walk you through how to keep the focus on the prospect during initial conversations by uncovering at least three needs to solve for them—raising your chances of success exponentially. I’ll also cover the importance of genuinely listening to prospects and how understanding their communication style can help you connect on a deeper level. How does educating a prospect without the pressure of a hard sell often lead to a natural and effortless sales close?
If you’ve been looking for ways to enhance your sales approach, do NOT miss my latest episode of CAPitalize Your Finances!
On today’s episode of CAPitalize Your Finances, I dive into the world of sales and share with you my top five strategies to help you land meetings. Whether you're a seasoned pro or just starting out, these tips will help you sharpen your approach and build meaningful connections.
I'll start things off with my favorite free tip of the week: a practical way to avoid holiday debt! From there I jump into sales strategies, from mastering networking events to maintaining strong, long-term client relationships. I break down how to focus on the people you're talking to, build genuine rapport, and tell you how your meetings can lead to successful results.
Tune in and learn how these techniques can level up your sales game!
On today’s episode I’ll help you set yourself up for potential success in 2025 and beyond with my top three year-end financial planning strategies. I’ll talk about maximizing your retirement savings, whether through a 401(k), IRA, or Roth IRA, and I’ll walk you through the deadlines and strategies for both employees and business owners. How might a strategy like tax-loss harvesting help you mitigate capital gains taxes? Why is it crucial to understand the wash sale rules?
I’ll also share my personal approach to New Year’s financial goals by creating a clear, actionable plan that’s designed to move the needle on your financial health. Tune in and learn how these strategies can help you take control of your money on this week’s episode of CAPitalize Your Finances!
Today I'm going to dive into my top five financial pet peeves – these are things that truly get under my skin. From the misguided use of risk tolerance questionnaires to the lack of critical thinking in finances, I cover it all.
I'll break down why financial advisors sometimes miss the mark and why "get rich quick" schemes, which are especially popular with Millennials and Gen Z, are a dangerous game. I'll also touch on the misleading practices of “financial influencers” who prey on emotional decision-making. Plus, I'll give you my thoughts on a proper work-life balance and why falling in love with the process of achieving success is key.
It's a jam-packed episode of CAPitalize Your Finances, so tune in and find out more!
Are you one of the many Americans who are struggling with debt? I’m here to give you some practical strategies for dealing with that debt: From breaking down your fixed and variable expenses to prioritizing debt repayment with a snowball approach, I’ll take you step-by-step on how to tackle financial burdens head-on.
Want one key takeaway? Start with small wins by paying off minor debts first to build momentum. And there’s so much more! I'll share with you my personal method for managing credit cards responsibly and why it might be better for some to stick to debit cards or cash. You’ll learn about the importance of building an emergency fund and automating your savings and debt repayments to avoid the psychological pitfalls of overspending.
Tune in to learn how to create a plan that fits your unique situation and to finally start eliminating your debt on today’s episode of CAPitalize Your Finances!
Today I’m taking a deep dive into the popular FIRE (Financial Independence, Retire Early) movement and give you my own personal take on the concept. What does FIRE really mean, and where did it start? Why has this movement gained popularity in recent years? Is this idea of retiring early truly achievable for most people?
I’m also going to break down the mindset and discipline that’s required to make FIRE a reality, and, surprisingly, why it may not be a practical or fulfilling goal for everyone. Tune in for ALL of my candid thoughts on the pros, cons, and my overall conclusion about the FIRE movement on today’s episode of CAPitalize Your Finances!
In today's episode, I'll dive into five critical financial planning tips for families. I'll start off with a crucial insight: the simplest and most boring investments often turn out to be the long-term winners, largely ignored but steadily growing in value. This is crucial to understand.
Drawing inspiration from the legendary investor Peter Lynch, I'm going to explain why it's wise to invest in seemingly mundane businesses that consistently generate cash flow. I'll also cover the importance of life insurance, particularly for young families, discussing how it acts not only as a financial safety net but also as a strategic estate planning tool. Additionally, I'll unpack smart investment practices, including the old reliable 4% rule.
Join me as I help you to master these essential strategies on today’s fascinating episode of CAPitalize Your Finances!
Today I have the privilege of sitting down with Alessandro Chesser, co-founder of GetDynasty.com, to dive into the world of online estate planning! What a great conversation we had – I'm so excited to share it with you.
Alessandro shares his journey from banking at Bank of America and Silicon Valley Bank to founding a successful startup, Carta. We’ll get into how GetDynasty.com is revolutionizing the creation of wills, trusts, and children guardianship plans without the need for an attorney. You’ll also learn about the differences between revocable and irrevocable trusts, the importance of planning for the future, and how Get Dynasty.com is making these crucial tools accessible to everyone.
Don’t miss this insightful discussion on working toward your financial legacy with me and Alessandro Chesser on today’s episode of CAPitalize Your Finances!
Did you know that just about everything in life is driven by sales? It’s true! Every day you’re selling something: your skills, your personality, your professionalism, and maybe, of course, any products and services you have.
In today’s episode I’m going to dive into the four best ways to drive sales. Whether you're in business, you’re a sales professional, or you’re just looking to boost your income, these strategies will help. I'll get into the importance of forming strategic partnerships, filling your calendar with meetings, focusing on education over hard sales tactics, and maintaining consistent service to keep clients coming back.
Join me on my newest episode of CAPitalize Your Finances for some VERY practical insights to enhance your sales techniques, which just may lead to a better financial future for you!
Today’s episode focuses on some crucial mistakes that I see people making when they reach the crucial earning decades of their 30s and 40s.
Have you heard of “lifestyle inflation?” This is something a lot of people fall victim to as their income increases. Another thing that people often overlook is simple financial wins, like maxing out their 401(k). What role does life insurance play when it comes to family protection? What about your own personal and professional relationships?
The insights I’ll give you today will help you make smarter financial decisions. Join me as we dive into these essential tips on today’s episode of CAPitalize Your Finances!
Today's episode is designed to get you “money motivated” as I go through the six essential habits for long-term wealth building.
Are you familiar with the difference between price and value? (Hint: Price is what you pay; value is what you get!). How about the importance of not overspending and living within your means? You’ll learn how investing what's left over is a crucial habit to master, as is investing in what you know.
These habits are fundamental for anyone who’s looking to build and sustain long-term wealth. Join me as I break it all down for you on today’s episode of CAPitalize Your Finances!
Have you ever received an unexpected windfall? If you’ve ever wondered what to do with an inheritance, you need to hear what I’ve got to say. Before diving in, here’s a quick tip: regularly update your will. It’s a simple step that can save your loved ones a lot of trouble down the line.
Today, I’ll break down how to handle different sizes of inheritances—from modest sums to substantial fortunes. Whether you’re receiving $5,000 or $500,000, I’ll guide you through some strategic ways to potentially maximize your new assets. For example, with smaller inheritances, you might consider bolstering your emergency fund or contributing to an IRA. Larger amounts might warrant more complex investments or even early retirement planning.
Understanding the impact of your inheritance can not only help you manage your financial future but also work toward responsible stewardship of sudden wealth. Want the essential advice on turning an inheritance into a cornerstone of stability? Tune in and we’ll CAPitalize on these opportunities together!
When it comes to finances, following some simple rules can make a huge difference. Today I’m going to dive into “wealth wisdom” by mastering what I call the Five Rules of Money.
I’ll start with a valuable tip: build and maintain strong business relationships. Then there are the key principles such as spending less than you earn, focusing on what not to do to achieve success, and saving and investing wisely. And let’s not forget about the importance of managing debt responsibly and the absolute necessity of continuous self-education.
I've designed these rules to help you navigate what can be a very complex world of personal finance. Join me as I uncover some very practical insights on today’s episode of CAPitalize Your Finances!
I believe that everyone, in every age group, should learn more about financial planning. So, members of Gen Z – it's your turn today! And before we dive into the four essential tips for Gen Z, here’s a quick life and finance hack: evaluate your social circle. If removing someone doesn’t impact your life, it might be time to reassess that relationship. Remember, it’s all about surrounding yourself with people who genuinely support and enhance your journey, especially as you begin to realize your financial and personal potential.
How important is it to start as early as possible? Where does financial education fit into the mix? How big an impact does debt have on your overall financial health? And is it true that when it comes to investing, is time really your most valuable asset?
These principles aren't only about building wealth but also about creating a mindful and strategic approach to personal and financial growth. Want some insights that could transform your approach to money and life? Tune in to today’s episode of CAPitalize Your Finances and learn all about it!
In this episode I’m going to delve into mastering entrepreneurial finance strategies for financial management success. Today’s free tip emphasizes focusing on your core strategy before you branch out. This is crucial in growing your net worth efficiently without being distracted by less productive investments.
What are the essential actions new entrepreneurs must embrace to jump start their business success? How do you fill your calendar with productive meetings to start earning a living from your venture? I’ll give you an approach that leverages your greatest asset as a new entrepreneur: time.
Whether you're just starting out or looking to refine your entrepreneurial strategies, this episode is packed with valuable insights to enhance your financial management skills and drive your business to success. Join me and start your journey on today’s episode of CAPitalize Your Finances!
Do you have any financial regrets? Just about everyone does. A recent survey from ThinkAdvisor.com listed what financial regrets Americans have, and I'll share some of them with you today, along with suggestions on what you might be able to do going forward.
Maybe you regret not having enough emergency savings on hand, or you wish you’d started saving earlier than you did. Did you take on too much debt? Are you behind in your retirement savings? Those things are not uncommon. I’ll have some answers for you, and I’ll also share my own journey of learning to live within my means as well as the long-term positive effects that came along with it.
We all make financial mistakes from time to time; the important thing is to learn from them. Tune in to this week’s episode of CAPitalize Your Finances and find out how to turn those regrets into a potentially positive outcome!
Today I’ll tackle a critical topic: what to do when you have no money. I’ll start by debunking the myth of diversification for its own sake. Did you know it may be better to focus on a few key investments to potentially maximize returns? That’s right – when it comes to building wealth, it’s about quality over quantity.
It’s important to understand the different financial situations you’ll face based on your stage in life – from new graduates to seasoned professionals. How do these circumstances impact your financial strategies? Whether you’re dealing with student loans, stagnant savings, or the all-too-common “lifestyle creep,” I’ve got advice that’s tailored to where you are right now.
I’ll have actionable tips on how to turn your financial situation around, from scrutinizing your monthly expenses and understanding the power of debt to the essentials of building an emergency fund. By the end of this episode, you’ll not only understand where your money is going but also how to take control of your money. Learn all about it on this week’s episode of CAPitalize Your Finances!
Do you have any financial regrets? Just about everyone does. A recent survey from ThinkAdvisor.com listed what financial regrets Americans have, and I'll share some of them with you today, along with suggestions on what you might be able to do going forward.
Maybe you regret not having enough emergency savings on hand, or you wish you’d started saving earlier than you did. Did you take on too much debt? Are you behind in your retirement savings? Those things are not uncommon. I’ll have some answers for you, and I’ll also share my own journey of learning to live within my means as well as the long-term positive effects that came along with it.
We all make financial mistakes from time to time; the important thing is to learn from them. Tune in to this week’s episode of CAPitalize Your Finances and find out how to turn those regrets into a potentially positive outcome!
Do you ever wish that someone would have taught you more about money when you were young? While I can’t turn back the clock for you, today I’m going to pass along some essential strategies for teaching your children about money, business, and investing effectively.
Did you know that most parents falter not from lack of effort but from insufficient guidance when it comes to teaching about money? What can a lemonade stand teach kids about entrepreneurial skills, managing costs, and understanding customer demographics? How do everyday activities like chores relate to lessons on taxes and budgeting? And how can you teach them about growing their net worth responsibly through investing?
Today’s episode is packed with practical advice to help your children work toward a solid financial foundation. Tune in to CAPitalize Your Finances and find out more!
Are you self-employed? Then today’s episode is for you! Whether you're a solo entrepreneur or a seasoned business owner leading a team of employees, it's essential to recognize the potential advantages of incorporating even a handful of these strategies to optimize tax savings.What are some oversights that can lead you miss certain financial opportunities, especially as your business grows and becomes more profitable? What potential tax advantages are there to things like IRAs, 401(k) plans, and even cash balance plans? How important is it to adjust your savings strategy as your business evolves?Our discussion today will take you through the lifecycle of your business, from opening day up to your eventual exit strategy. Do NOT miss this educational and tax-saving episode of CAPitalize Your Finances!
Today I’m going to dive into one of the most crucial (and one of the most misunderstood) financial concepts: risk tolerance and asset allocation.
First off, what exactly is risk tolerance? How does each individual define it for themselves? I’ll pass along insights from my early days in the industry and tell you how traditional approaches often mislead investors about their actual risk tolerance. I’ll also tell you how asset allocation is not a static strategy, but rather a dynamic one that should evolve with your own personal circumstances and the broader economic environment.
You know by now that I’ve always advocated for a more personalized approach so that your investments genuinely reflect your financial goals and risk appetite. Want to learn more? Then do NOT miss today’s episode of CAPitalize Your Finances!
Special bonus episode today! I’m diving into my incredible experience at the 2024 Berkshire Hathaway conference in Omaha, where I mingled with industry giants like Warren Buffett, Tim Cook, and a plethora of influential CEOs and investors.
You’ll get a firsthand narrative about navigating the dense world of investment and the philosophy that fuels it. What were my key takeaways from the conference? Learn what the profound impact was for me regarding perpetual learning, strategic investment analysis, and the subtleties of navigating complex financial decisions.
If you’ve never been to a Berkshire Hathaway conference – and even if you have – you’ll want to listen to every minute of this week’s episode of CAPitalize Your Finances!
There’s a saying in the world of finance: Expect the unexpected! With that in mind, today I’m going to dive into the intricacies of building an effective emergency fund – one that should be used only during times of true need.
A real emergency fund should evolve alongside your net worth and any financial changes you experience. So what are your options here? Is an online savings account a good idea? How much should you keep in that fund? And how do you adjust this amount as your financial situation changes over the years?
If you’ve never thought much about having an account set aside for the “unexpected” (and even if you have), it's time to get the facts. Tune into today’s episode of CAPitalize Your Finances and learn all about it!
Did you know that the 401k plan has been around for more than 45 years? It’s true! Many people participate in them, yet a relatively small number of those don’t really understand much about them. So in today’s episode I’m going to unravel the ten most common 401k questions that people have posed to me over the years.
What’s the difference between a traditional 401k and a Roth 401k? What are the benefits of contributing? What about your investment options? And what happens to your 401k if you change jobs? These are just some of the questions I’m going to tackle today.
Do you have a retirement plan at work? Do you have a few important but unanswered questions about it? Then don’t miss a single minute of today’s episode of CAPitalize Your Finances!
I’m so excited to talk today with artist, author and entrepreneur Amanda Terry Hamm! We’ll explore her fascinating journey that took her from a fledgling martial arts hobby to a flourishing business empire. Amanda and her husband Chris started off with martial arts classes at a community center and turned it into a venture that ultimately produced multiple profitable studios, achieving an astonishing return on invested capital.
How did overcoming a “scarcity mindset” and embracing financial principles change (for the better) their business trajectory? What challenges did they have to face, and how did they beat them? And how important is it to understand what we mean by “return on invested capital?” Amanda’s story is a testament to the power of resilience, proper financial planning, and learning.
Hear the entire interview with me and Amanda Terry Hamm on today’s episode of CAPitalize Your Finances!
Today I’m diving head-first into the compelling mind of legendary investor, financial author and returning guest, Robert Hagstrom. Celebrating the book’s 30th anniversary, Robert discusses the importance of investing with conviction and the strategic contrarian approaches of Warren Buffett.
How did Warren Buffett’s legendary tactics of going against the market grain shape the investment landscape? Can those same tactics be applied to everyone’s investment philosophy? We also delve into Buffett's key influences and the future of investing in a post-Charlie Munger era, exploring what it means to value businesses in today’s inflated markets.
Don’t miss this blend of educational depth and engaging storytelling with me and Robert Hagstrom on today’s episode of CAPitalize Your Finances!
Today I’m going to dive into 10 essential personal finance goals everyone should aim to reach by age 40. Whether you're closing in on 40 or you’re just starting your financial journey, these principles are timeless and crucial for laying a solid financial foundation.
From eliminating bad debts – focusing on high-interest rates over balances – to strategically ramping up your retirement savings, I’m going over the steps you need to take to get yourself situated properly. I'll talk about how you can build an emergency fund, the importance of reevaluating financial priorities as life changes, and the necessity of having a well-prepared will to avoid future conflicts.
Are you financially prepared for age 40? Or are you falling a bit short? Let’s find out on today’s episode of CAPitalize Your Finances!
Today I’m venturing out into the Mind Pump headquarters for a candid chat with the one and only Adam Schafer, a world-renowned figure in the world of fitness.
How did Adam’s early challenges, like the loss of his father and growing up with financial instability, fuel his drive for success? What were the pivotal moments in his life that shaped his perspective on wealth and success? How did team sports, particularly basketball, help develop his business acumen, where leadership, teamwork, and adaptability are key factors to personal achievement?
Adam's story is a testament to the power of overcoming adversity, the pursuit of financial literacy, and the value of teamwork in achieving business success. Have a listen to this fascinating discussion with Adam Schafer and me on today’s episode of CAPitalize Your Finances!
Today I ventured into the Mind Pump headquarters to chat with the world-renowned fitness influencer and overall health guru, Sal Di Stefano. In a first-of-its-kind discussion, Sal shares with me his personal journey through the lens of finance as we compare the parallels between physical fitness and financial wellness.
As always, there’s so much to cover here. We got into Sal's early life as a child of Sicilian immigrants, his initial drive to transform his physique, and how that morphed into a deeper quest for health and personal growth. How did Sal go from his humble beginnings as an eager 18-year-old stepping into his role as a personal trainer to quickly rising to the top with effective client relationships?
Learn all about how Sal's pursuit of “fitness truth” mirrors the quest for financial wisdom, blending disciplines to uncover broader life truths. Tune in to this fascinating conversation with me and Sal Di Stefano on today’s episode of CAPitalize Your Finances!
I’ve got a REALLY compelling episode for you today. My special guest is financial influencer and real estate mogul Kris Krohn. With over 3 million followers, Kris has the knowledge and the experience to change people’s lives for the better. This is great stuff.We’ll talk today about his real estate background, his holding company, how he built and values his businesses, and what his plans are over the next ten-plus years. How did he achieve his own financial independence at such a young age? How did he get through a pivotal financial crisis early in his marriage, and what advice does he have for those who are going through similar circumstances?We’ve got SO much to talk about. Do not miss a single moment of today’s episode of CAPitalize Your Finances!
Is there a parallel between the principles of fitness and bodybuilding and the principles of investing?
In today’s podcast, I’m going to show you how the disciplined approach of legendary bodybuilder Mike Mentzer can also be used to create effective personal finance strategies. I’ll tell you about my own fitness journey, shaped by my early challenges with Crohn’s Disease, and give you some insight into the ways that focus and simplicity in bodybuilding can be applied to financial success.
Mike Mentzer taught that maximum effort in minimal sets yields the best results. I’ll show you how focusing on what truly matters – ignoring the crowd and following what's right but not necessarily popular – may make you a much better investor in the long run.
Get the full scoop on my latest episode of CAPitalize Your Finances!
Let’s be honest here – finances are complicated. We all want to make good money moves, but we often don’t know if we’ve made a good decision with our money until it’s too late. Wouldn’t it be great if we knew ahead of time how to do what’s right?
That’s exactly why you need to listen to today’s podcast. I’ve got 7 tips on how to be better with your money, and believe me, it was quite a task just trying to whittle the list down to just seven! Are you emotional about your financial choices? Can you spot a true financial professional? Are you aware of the importance of time horizon when it comes to making money decisions? These are just a few of the questions you should be asking yourself.
Join me for the 7 most important money tips you need to know on this episode of CAPitalize Your Finances!
This week I’m going to start off with a brand-new segment of the show: The free weekly financial tip. And today’s tip is one of the most important I can give you – Simplicity in Investing.
To underscore how vital this is, I’m going to dive into Warren Buffett’s latest Berkshire Hathaway shareholder letter and share with you some of the key insights of this legendary investor. What is his investment philosophy? How important are things like operating earnings and the power of strategic, patient investment in a few high-quality enterprises? What role does long-term vision play, and how do you understand a business beyond just its financials?
Today I’m not only paying homage to investment giants, but I'm also passing along their wisdom that may help you navigate your own financial future with confidence, and, yes, simplicity. Tune in to this latest episode of CAPitalize Your Finances and find out more!
What does success look like? Is it all about money? Or is it more about feeling fulfilled in your relationships, health, career, and a higher power? My guest today, Markus Kaulius, makes a strong argument that it’s definitely the latter.
How did Markus’s early life shape who he is today? What inspired him to start a supplement company? And when your business becomes such a big part of your identity, how do you transition into a new kind of life when you ultimately sell your business?
Life is all about learning and growing, and finding fulfillment along the way. Join me and my wonderful guest, Markus Kaulius, as we discuss how you too can achieve that for yourself on today’s episode of CAPitalize Your Finances!
I’m thrilled to be talking today with Kyle Grieve, host of the Millennial Investing podcast and the We Study Billionaires podcast at the Investor’s Podcast Network. In today's episode, you'll learn about Kyle's story, how he got into investing, and his essential investment tips, tricks, and strategies that can help seasoned and new investors alike.
How did Kyle get started with the Investor’s Podcast, and how did that lead to the Millennial Investing podcast? What books got him interested in investing? What does his research process look like, and how does that relate to the way he analyzes a stock?
All of that – and MUCH more – answered on today’s edition of CAPitalize Your Finances!
When it comes to finance, there are very few absolute truths. But there are MANY absolute un-truths. Let’s call them “myths.” And while some are relatively harmless, there are others that can break even the best-laid financial plans. So I’m here to de-bunk them.
Consider this: Are stocks and other long-term investments risky? Are fees always bad? Does money really make you happy? People think about questions like that all the time, and while the answers might seem obvious at first glance, a deeper look can reveal something else entirely.
I’m focusing today on the 5 most common money myths that I’ve come across, and why you can’t believe everything you’ve been taught. Get my personal take on all of them on my latest episode of CAPitalize Your Finances!
It’s been said that it takes time and experience to develop great leadership skills – people who do the right thing, are good role models, and act with both fairness and accountability. My guest today, Heather Penny, PhD., has written a book that covers exactly how to achieve it.
I have so many questions. What were some of the best business qualities that Heather gained from being a Leadership Coach? What were some of the most valuable skills that she and her husband learned from running a coffee shop? And when it comes to large companies, what traits does she see that demonstrate great leadership skills?
Can you really become a great leader yourself, even if you believe you don’t have the right tools to do so. Yes! Find out how with me and Heather Penny, PhD. on today’s episode of CAPitalize Your Finances!
Today’s episode is all about the four most common mistakes I’ve seen people make when it comes to their finances – AND my advice on how to fix them. It’s like a free financial planning session with me!
I originally came up with much more than four when I was putting together this episode, but I whittled down to the top four. And these types of mistakes run across the financial landscape: investing, spending, financial choices we make, planning far into the future, and a lot more.
Are you making any of these common financial mistakes? Find out – and learn how to correct them – on this edition of CAPitalize Your Finances!
If you’re thinking about getting married, or you’re already happily married, you REALLY need to hear today’s podcast. My guest is Aaron Thomas, an attorney in Georgia and the founder of Prenups.com. He’s here to give you advice on prenups, “postnups,” and everything in between!
Should you have a prenup even if you don’t have any assets? Should you keep everything separate, just in case? What are some of the most common financial arrangements that married couples have in their 20s, 30s, 40s, 50s and 60s? In what way is getting married like forming a financial partnership?
These and many other questions answered with me and my unique guest, Aaron Thomas, on another fascinating episode of CAPitalize Your Finances!
I want to use this opportunity to tell you about one of my favorite human beings of all time: Charlie Munger. You may have never heard the name Charlie Munger before, but in my line of work, there are very few people who don’t know who he was– or, at the very least, who haven’t been influenced by him in some way.
Charlie was a lot of things: investor, businessman, philanthropist, vice chairman of Berkshire Hathaway, and a key partner to Warren Buffett. He’s famous for his investing acumen, sharp wit, and for being a proponent of the investment philosophy of value investing.
He’s also much more than that to me. So today I’m going to dive into the five life lessons I have learned from Charlie that can not only help you in investing, but all aspects of your life. Tune in to today’s episode of CAPitalize Your Finances and get some of the best advice I’ve ever received!
One of the most powerful things you can do as a human being is to challenge your own perceptions and embrace the power of being true to your own nature. My guest on today’s podcast, Shane Baldwin, did exactly that, and he wrote an astonishingly honest book about his experiences.Shane wrote The Honest Lie during his five-year prison sentence for securities fraud. How do you tell an “honest lie” and what does that mean? Can you actually speak your own desires into existence? How was Shane able to make $1 million in 60 days? What is the biggest fear he has today in his professional life?
Sometimes it’s just a matter of trusting and believing in yourself and then acting on that trust to make your life’s wishes come true. Learn all about it with me and my wonderful guest, Shane Baldwin, on today’s episode of CAPitalize Your Finances!
It’s been said that if you’re human, you have flaws; and those flaws can actually work to your advantage. The person who said that just happens to be my wonderful guest on today’s episode, Efren Delgado. Efren is author of The Opposite is True: Discover Your Unexpected Enemies, Allies, and Purpose Through the Eyes of Counterintuitive Psychology, a mammoth book about turning your “failures” into successes.When meeting someone for the first time, how do you get that person to trust you? How do you read into someone’s body language? Where does the concept of Groupthink come in? And can you really simply “trust your gut” when it comes things like finances?I’ve got so much to talk about with Efren today, and I know you’ll find this interview as captivating and insightful as I did.
Find out more about how to use human behavior to your advantage with me and Efren Delgado on today’s edition of CAPitalize Your Finances!
What really sets the go-getters apart from the rest? It's not just luck or a roll of the dice. It's about having faith in their own abilities and then working tirelessly to make those dreams come true.
My guest, Max Lewis, is one of those people. From selling mangos as a child to amassing millions by exchanging propane tanks, Max overcame adversity and built himself into an ultra-high net-worth individual by 36 years old. He’s also the author of “Who Is Max Lewis? 37 chapters, 37 Lessons, $37 million,” and it is safe to say he is worth listening to when it comes to building a business (and selling it for a boatload of cash).
What did his early experience selling mangoes teach him about the business world? What led him into looking at real estate as an investment? What does Max think is the biggest business mistake that most people make? And how does someone in business create a “partnership” with their clients as opposed to just looking at them as customers?
Want to know more? Tune in and listen to me and Max Lewis on today’s episode of CAPitalize Your Finances!
Today I want to introduce you to a new friend of mine, Eugene Marshall, a tax advisor and founder/CEO of Magnolia Tax Services in Chicago. As most CAPitalizers know, tax planning and tax management are two of the most important elements of financial planning, and we're going to cover that topic thoroughly today.
As always, I’ve got MANY questions for Eugene: What are some of the most common mistakes that both business owners and everyday people make when it comes to taxes? What are some strategies to give someone who’s looking to save on their taxes? What let Eugene into the world of real estate and how did it help to build his net worth? And how has the rise in interest rates affected his portfolio and what are some of the things he's doing to mitigate those risks?
These questions, and MUCH more, covered with me and Eugene Marshall on today’s episode of CAPitalize Your Finances!
Today I have a unique and extremely special guest. This guy is actually a series of things, but for today, he's the host of the Deep Wealth podcast and CEO of Deep Wealth, where he and his partner guide business owners to the promised lands of extreme liquidity and buyouts. I’m of course talking about the legendary Jeffrey Feldberg, who sold his business for an undisclosed NINE figures (so for you all out there that aren't as number loving...that's AT LEAST $100,000,000!)A smart business owner puts everything on the line to make their business work. And when it comes to selling that business, you have just one chance to get it right, and you better make it count. Why is it that the skills that built your business are not the same ones you need to sell your business? What were some of the steps that Jeffrey wishes he took, looking back, that he recommends to his clients now? And when Jeffrey sold his own business, when the deal closed and the money hit his bank account, what did that moment feel like?Tune in for these and MANY other questions – and answers! – on today’s interview with Jeffrey Feldberg in this episode of CAPitalize Your Finances!
I have a really special guest today. He is an award-winning sales consultant and two-time author, the one and only David Newman! We're going to be talking about his most recent book, “Do It! Selling,” which is THE definitive guide to achieving success in the world of sales.
No matter what you might be selling, the fact is that today's buyers value empathy, relevance, and intimacy over sales pitches, sales hype, and sales jargon. I’ll talk to David about how he got into true sales consulting in the first place, and I’ll ask him about the whole idea of a work-life balance – does it really exist? Also, what has David learned from both his successes and his failures?
There’s so much to unwrap here, and I invite you to tune in and listen to me and David Newman for the entire interview on today’s episode of CAPitalize Your Finances!
My wonderful guest today probably needs no introduction, but for those who don't know who Julie Broad is, she's the founder of the self-publishing services firm Book Launchers, #1 Amazon Bestselling author, and Top 20 under 40 award winner for business success. Yes, she is a big deal!
What got Julie started in her book-marketing venture, and what were some of the best experiences she gained before she pursued her next chapter? What was it like for her to make the leap from working at RealNet in Canada to go into entrepreneurship, especially having done it during the depths of the Great Recession in 2008? What was her process that she used to get Book Launchers off the ground and steer it to success?
Don't miss this insightful and fascinating interview with Julie Broad on today's episode of CAPitalize Your Finances!
My wonderful guest today is none other than our great family friend and the legendary car podcast host Mark Greene of Cars Yeah. Mark is an "incurable" automotive enthusiast and has spent a long time talking with successful automotive entrepreneurs who live a lifestyle around their passion forautomobiles.I have so many questions for Mark. Where did he get his love for cars? Was there a specific car that got him started on his lifelong journey? What made him come up with the idea of starting his Cars Yeah podcast, and what did his original business plan look like? What strategies took him from basically zero to setting the stage for his successful growth?This is information that all CAPitalizers need to absorb. Tune in to this week's episode of CAPitalize Your Finances with me and Mark Greene and I assure you, you'll be as fascinated as I was!
Today I have a rather unique guest! Dr. Rand McClain is a hormone replacement specialist and author of a fabulous book, “Cheating Death: The New Science of Living Longer and Better.” I'm excited to have him on the show to talk about something you rarely hear discussed: the health side of finance.
There’s so much to uncover here. How did his health journey shape his view on capitalizing his finances? How close are we to curing and eliminating many of the autoimmune diseases out there? What about overcoming the cost barriers? How could understanding things like telomeres potentially raise everyone’s life expectancy?
It IS possible to live both a physically and a financially healthy life. Join me and Dr. Rand McClain to learn more on today’s episode of CAPitalize Your Finances!
I'm thrilled to have on the show today the one and only Guy Spier, manager of the Aquamarine Fund and author of a wonderful book, “The Education of a Value Investor,” which has sold more than 40,000 copies and has been translated into several languages. He's one of my favorite guests, and favorite investors, of all time. Once you hear him speak, I think you'll know why.
I've got so much to cover today. What's causing some of the professional investors to reveal more about their investing framework? When he said "Greed may be good after all," what did he mean by that? If something drives you toward your inner journey of spiritual growth and enlightenment, should you pursue that no matter what? And what sort of things does Guy worry about that may not have anything to do with money?
These and MANY other questions answered on today's episode of CAPitalize Your Finances!
One of the most commonly-heard terms in finance is Asset Allocation. Oddly enough, it's also one of the most misunderstood terms as well. Many people have heard of it, but they don't understand its true value... or how much value it has at all... if any.
On today's episode of CAPitalize Your Finances, we'll go over what it is, how it works, and why it's perhaps a little too popular and leaned on a bit too much. When is it appropriate to use what's known as traditional asset allocation? Can sticking to a traditional asset allocation when growing your net worth hurt you in the long run? How do I go about creating my own "new and improved" version of asset allocation to grow my own net worth?
You asked me to do a show about asset allocation, and you got it! Tune in and get your questions answered!
My very special guest today is Lou Diamond, host of the Thrive Loud podcast and author of two fabulous books: Master the Art of Connecting and Speak Easy, Connect with Every Conversation. Lou works with top performers, organizations, and companies to better connect to prospects, to better connect their marketing message to their audience, and to company leaders to better connect to their people.
What were some of the lessons he learned while working on Wall Street many years ago? Can the normal ups and downs of the market also apply to people's careers? How do you manage the constant ebb and flow of life when the bad parts feel so concentrated in that moment? How did his experiences at companies like Merrill Lynch and Deloitte make him a better podcast host?
There's SO much to unpack here! All CAPitalizers out there will find out why I believe so much in what Lou Diamond has to say. Become enlightened on today's episode of CAPitalize Your Finances!
Are you an NFL player who's made it onto a team for this year? Congratulations! That's something that so very few athletes are able to accomplish. At the same time, it's important to know that having achieved that status means you've got your work cut out for you, in more ways than one.
Beyond the work you have to do on the field, you've got things to consider off the field - not the least of which is your finances. Even if you're "just" making the league minimum salary, that's still a lot of money that you'll need to make last, because unlike most non-athletes, you can't say with any certainty when your career will be over.
How do you plan for your future outside of football?
How do you approach investing and planning at that level of income?
And how can you build a savings when the temptation to spend and spend some more is overwhelming?
These are just a few of the questions I'll ask - and answer! - on today's episode of CAPitalize Your Finances!
I'm REALLY pumped today to talk with you all about an investing strategy that singlehandedly changed the game for both me and my clients back when I first discovered it. It's called the Endowment Model.
There's so much to unpack here. Who created it, and why is it so revolutionary? How and when did it "click" for me? How does it work? What are the potential risks? How have I used it for my own family's portfolio? And, finally, if you've already CAPitalized, we're going to talk about how you can get started using the Endowment Model for yourself.
This is exciting stuff, and I can't wait to share it with you! Join me and learn all about the Endowment Model on today's episode of CAPitalize Your Finances!
Today’s program will be entirely devoted to answering your questions, things many of you have written to me about over the past few weeks. I will be doing so using a slight twist of finance by focusing on the world of entrepreneurship. This is a huge topic for many of you CAPitalizers out there.
I should say right off that being an entrepreneur is not for everyone. Those of you who are excited to get into the world of running your own business need to know that the title of business owner comes with a tremendous amount of responsibility and stress; your character is on the line every single day, exponentially more than those who work for you.
That being said, it’s time to answer the big questions of entrepreneurship: How do you avoid making business mistakes that are obvious in hindsight, but not so obvious at the time? What would I say was my biggest “failure,” and what would I have done differently when I first started in this business? And with so much to think about in the business world, how would I advise someone to balance everything out?
Get the answers to your business owner questions on today’s episode of CAPitalize Your Finances!
I'm SO excited to speak with today's guest, Laurie Barkman, the former CEO of a company with $100 million in annual revenue that sold to a Fortune 50 firm. Laurie is a true "business transition sherpa," a business exit planning advisor and host of the award-winning podcast Succession Stories, providing guidance to business owners on how to plan successful transitions. For those of you that are looking to sell and/or buy a business and want to learn more about her framework, you NEED to read her book, The Business Transition Handbook.
How do you value a company (including yours)? How do you navigate the emotional and practical nature of the business transition process and exit on YOUR terms, while at the same time avoiding succession regrets? How does Laurie, as an M&A broker, handle a business owner's emotional mental state when it's the perfect time financially for them to sell? And finally, what is the best piece of advice Laurie can give business owners looking to sell their business?
Learn more than you ever thought you could about the ins and outs of selling a business with me and Laurie Barkman on today's episode of CAPitalize Your Finances!
My guest today is Malcolm Lemmons, who is not only a former pro basketball player in Japan, but also a two-time author and founder of The Hype Report Newsletter. As you could imagine, I never pass up an opportunity to speak with a professional athlete who's also well-versed in the business world!
We cover a lot of ground in this episode: How has the world of athletic marketing changed over the years? How early does marketing start for potentially elite athletes? How does learning about competition in sports translate to the business world? Are colleges today doing a better job at prepping their student athletes for a life after sports? And, maybe most importantly, what's the best financial advice Malcolm could give to these athletes that have either made it, or who are on the verge of making it in their respective sports?
LOTS to discuss! Tune in and learn all about it on today's episode of CAPitalize Your Finances!
I’m thrilled to be able to talk today with Kyle McDowell, author of “Begin With WE” – a USA Today and Wall Street Journal best-seller that examines the root causes of dysfunction in business, especially what he calls the plague of a “me-oriented” paradigm.
Kyle spent nearly 30 years in corporate America, and with that kind of experience, it’s probably fair to say that he’s seen it all. How did he get through the troubling times of his career as a corporate consultant? How do you emphasize the positive aspects of a company without also trying to sweep the negative parts under the rug? When did he decide to make the decision to get out of a cubicle and ultimately lead tens of thousands of employees at some of the biggest companies in the world?
All CAPitalizers know that success depends on consistently doing the right thing and leading by example. Tune in to today’s episode and find out how Kyle McDowell made it all happen!
My guest today is one of my favorite financial authors, Gautam Baid, CFA, who wrote the international best-seller on value investing, The Joys of Compounding. In 2018 and 2019, he was profiled in Morningstar’s Learn from the Masters series.
Just for a bit of background, Gautam Baid is the Managing Partner of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US. Gautam is also the Equity Advisor of Complete Circle Stellar Wealth PMS, a portfolio management service which is available to Indian citizens and NRIs globally. Both funds are modeled after the Buffett Partnership fee structure and invest in listed Indian equities with a long-term, fundamental, and value-oriented approach.
Previously, Gautam served as Portfolio Manager at Summit Global Investments, an SEC-registered investment advisor based in Salt Lake City, USA. Before that, he served at the Mumbai, London, and Hong Kong offices of Citigroup and Deutsche Bank as Senior Analyst in their investment banking teams.
You can learn more at www.stellarwealthindia.com and www.completecirclewealth.com
We cover a LOT in this episode: What has been the company that has tested his patience the most? What process does he use to analyze a company? Why should an investor check a balance sheet for any red flags before looking at their income statement?
This, and more, with Gautam Baid and me, today on CAPitalize Your Finances!
Kristen Butler is Founder and CEO of Power of Positivity, a community with more than 50 million followers committed to living their best life. She had to overcome MANY obstacles in her life before she learned how to embrace herself and, as she said, allow flow to take control.
How do you take control of both your inner self (spiritually) and your "outer" self (financially)? Is growing your power of positivity a calculated process, or one that's shaped as you go along? And what are some financial strategies that Kristen implemented to CAPitalize on her own Finances?
We dive into these topics, and MUCH more, on today's episode of CAPitalize Your Finances!
When we make big decisions - like who we marry, how to date, where to live - we often just go with our gut instinct. But that "gut feeling" we get is very often wrong - and data can prove it.
My guest, Seth Stephens-Davidowitz, author of "Don't Trust Your Gut: Using Data to Get What You Really Want in Life," has some of the best insights into just how wrong we are when it comes to improving our own lives. It's really a lack of emotional intelligence which draws people to the "shinier" objects and people in life, rather than toward what will make them ultimately successful.
How can we combat this so that people can learn to live a data-driven, fulfilling career while also making some good money? How do we set ourselves up for success? What is Seth's concept of the Zero Profit Condition all about? Can you create your own "DaVinci Effect" in business?
Join me on a fascinating journey with Seth Stephens-Davidowitz on today's episode of CAPitalize Your Finances!
My guest today is Alec Ingold, fullback for the Miami Dolphins, a Walter Payton nominee of 2020, and author of "The Seven Crucibles: An Inspirational Game Plan for Overcoming Adversity." One of the first things he wrote, which hooked me immediately, was: "Chasing dreams without adversity is like winning a video game on the easiest setting." This is relatable on SO many levels.
Every goal, every dream, has a price that must be paid in order to achieve it. What have been some of the most profound difficulties, obstacles, learning hurdles, and financial lessons that Alec learned along the way toward CAPitalizing his own finances? As an athlete, how was Alec able to develop a prudent mindset with his financial situation? And, being in such a competitive environment as a professional athlete, what techniques does he use to isolate his financial situation from other players so he can just be himself?
It doesn't matter whether you're a professional athlete, a business owner, or an employee working your way through your career, everyone has financial goals. And we are all on our own journey to reach them. The secret is to become addicted to the journey, not the destination.
Today's podcast with Alec Ingold dives into all of that - and much more!
Ken Rusk is the founder of Rusk Industries, and author of "Blue Collar Cash," one of the best books I've ever read about achieving your dreams, regardless of your educational background. I'm thrilled to have him on my show today.
Ken started his business with just six employees and has grown it over the years to more than 200. How do you keep 200 people happy, while at the same time making sure they're all focused on the company's vision? At what point do you begin investing more in yourself and less in the business?
On the personal side, Ken talks about what he calls the Big Three: comfort, peace and freedom. How do these relate to living a more successful and fulfilling life, and what would Ken have told his younger self when he first started in order to achieve that "trifecta?"
Find out about all of that and much more on today's episode of CAPitalize Your Finances!
I've been getting quite a number of questions from people who want to know about something called Environmental, Social, and Governance Investing - ESG for short. It has to do with evaluating companies based on things like corporate climate policies, how they deal with pollution and waste, natural resource conservation, and if they are aware of things such as diversity, equity and inclusion, etc.
This type of investing isn't new; in fact, it's been around for almost 20 years. ESG really took off around 2015, when investors, having been burned by the corporate malfeasance that led to the 2008 meltdown, had some extra funds to invest as the markets recovered.
So what's my take on all of this? Is it really all it's cracked up to be? I've got some insight that may surprise you (or not).
Tune in to today's episode and learn all about how to CAPitalize Your Finances with ESG... or not.
Today I'm going to focus on all of you recent college graduates out there. You've got unique financial questions when building your own CAPitalized Financial Success, and I want to dive right into them to get you started on your journey.
Do I need a budget? How do I create one? What does it REALLY mean to invest? Retirement seems far away - do I need to think about that right now? What about credit card debt and student loans? When can I buy a home?
If this all seems like a lot to think about, well... it is. But I'll break it all down for you bit by bit and show you how it's not quite as difficult as it may seem. Tune in to today's episode and learn how to kick off your financial adventure the right way, setting the stage for a lifetime of INCREDIBLE financial success!
Our servicemen and women have always had a special place in my heart. And unfortunately, for those in the military, there's very little out there that is giving them customized financial advice.
I want to change that. On today's episode, I'll answer the most common questions our military fans have come up with, and give you the tools and tricks you need financially, regardless of whether you make the military a lifelong career or you eventually move into the private sector.
We'll focus first on your Thrift Savings Plan (TSP): how to best use it, how you should contribute to it (pre- or post-tax), and how to invest within the plan. Then, how much should you have in your checking and savings account? Also, should you live on or off base? Should you rent or buy?
These questions, and much more, answered on today's episode of CAPitalize Your Finances!
I'm SO excited to talk today with one of my favorite economists and financial personalities, Danielle DiMartino Booth! She is CEO and chief strategist of Quill Intelligence, and author of "Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America."
In today's volatile financial environment, the Federal Reserve has made moves on interest rates that have had reverberating effects across the economy. One of my many questions for Danielle is this: if she were the Fed Chair, what would she have differently in years past, and what would she do going forward? Were interest rates simply too low for too long?
We also got to dive into her more personal side of her professional career, which is a side of Danielle that she has yet to reveal...until now.
Find out more and tune in to a VERY timely discussion with Danielle DiMartino Booth on today's episode of CAPitalize Your Finances!
It’s always fun for me when I get to interview people who have found success in life, whether it’s in business, finance, or just about anything else. That’s why I’m so excited to talk today with Trey Lockerbie, co-founder and CEO of Better Booch and host of one of my all-time favorite podcasts, We Study Billionaires on The Investors Podcast Network!
Most of Trey's following knows him from hosting the #1 investment podcast in the world, but what most don't know is that Trey was (and still is) a former musician who transitioned out of music and, instead, followed his passion of starting his own kombucha company with his incredible wife, Ashleigh. From its humble beginnings, their company today has 35 employees and is on track to earn over $10 million in revenue in 2023.
I had to know: how did he do it? What advice would he give to people who are looking to get into a consumption-based business? What advice would he give to those who want to get into the world of podcasting?
If you’re a true CAPitalizer, you need to hear every word that Trey has to say on this week’s episode of CAPitalize Your Finances!
I'm SO excited to bring you my guest on today's podcast: William Green, author of one of my all-time favorite reads, Richer, Wiser, Happier. Anyone who wants to become a better investor can get a great deal of insight from people like Warren Buffett, Charlie Munger, Bill Miller, and others, and that's exactly what his book is all about, as William has spent his career interviewing ALL of these greats and packing these interviews into his incredible book.
We cover a LOT of different topics in this interview, including William's idea of investing in life as a game where we must consciously and consistently seek to maximize our odds of success. In other words, while there's a lot of randomness and luck built into the world, there are ways in which you can behave that are more likely to stack the odds in your favor.
How do you build peace of mind in your life with the maelstrom of randomness and uncertainty flying all around you? Can you change your environment, or does your environment change you? And how do you balance the art of giving with the necessity of achieving your own goals?
Learn more from William Green on today's episode of CAPitalize Your Finances and you will take away everything you need to truly live Richer, Wiser, Happier.
In order to achieve success, you have to pay some dues along the way. My guest on today's episode, Ryan Dusick, knows all about paying dues, achieving success, and then working hard to reclaim that success once the music stopped...literally.
Ryan Dusick is the founding drummer of the Grammy-winning pop rock band Maroon 5, and he's seen his share of both highs and lows. His memoir about his life, "Harder to Breathe," is a must-read for all CAPitalizers who want to learn how success can be achieved in a multitude of ways, whether it's CAPitalizing Your Finances, CAPitalizing Your Mental Health or ReCAPitalizing Your Success.
My questions for Ryan today run the gamut from which artists were his favorites back in the day, to what lessons he learned about money, all the way up to how the financial side of the music business works, and SO much more. Tune in to one of the most fascinating discussions you'll ever hear with me and Ryan Dusick on this edition of CAPitalize Your Finances!
I'm so excited to be talking today with Carl Cox, CEO of 40 Strategy, host of the "Measure Success" Podcast and author of the brand new book, Lost at CEO! Over his career, Carl has been directly involved in seven companies that have grown by a factor of 3 or more. This is someone we can all learn from!
While many business owners have a lot of ideas, they tend to lack focus. And as you know, one of the smartest things a CAPitalizer can do is separate what's important in their life from what's not, and to lock in on what matters the most.
What were some of those steps that Carl took in order to CAPitalize on his Finances? Is it just as important to invest back in yourself as it is to invest in your business? Find out on today's episode of CAPitalize Your Finances!
All CAPitalizers know that if you want to learn something, you learn from the best. And when it comes to investing, people like Warren Buffet and Benjamin Graham are great models to follow.
My guest, Adam Seessel, is a legendary investor, founder of Gravity Capital Management, and author of Where the Money Is: Value Investing in the Digital Age. We discuss how you take the value investment strategies of Buffett and Graham and apply them to the digital world we live in now. How do you determine the true value of a company? Where can the basic investor go to get a good foundation to gain intelligence within the investing world? And what advice would he give to people who want to analyze stocks for a living?
Have a listen to today's podcast to get those answers those answers from a legendary investor that is changing the way the investing game is played!
Anyone who knows me will tell you that I absolutely love entrepreneurs: people who take a chance, go out on their own, and do whatever it takes to succeed.
John Lee Dumas is the host of Entrepreneur on Fire, an award-winning podcast in which he interviews inspiring entrepreneurs, many of whom have gone on to make it big themselves. As CAPitalizers, we know the importance of modeling people who have forged their own path and have found success doing it.
What was John's plan when he first started off in the podcasting world? What key traits does he consistently see in the most successful entrepreneurs? What steps did he take to CAPitalize his finances to make sure he stayed on the road to success? And what does he think is the best financial advice to give aspiring podcasters out there who want to become the next entrepreneur on fire?
Find out more with me and John Lee Dumas on this week's episode of CAPitalize Your Finances!
All CAPitalizers understand that there's no easy, get-rich-quick scheme that will bring you to the top of the mountain. If you're going to fully CAPitalize on your finances, you have to know that for growth to occur, whether it's for your portfolio or your business, you've got to nurture it over time.
Josh Dunn is the founder and CEO of the publishing company Premier Media Group. He's well aware of what it takes to build a business from the ground up, and the patience and care required to reach one's goals. Josh is passionate about entrepreneurs and helping others in his local business community, and on today's show we're talking about all the ups and the downs he's experienced as a business owner.
What advice can Josh give to the CAPitalizers out there who want to dive into the world of media and capitalize on their finances to the fullest? Tune in and find out more!
If you've ever found yourself in a situation where your current profession does not match up with your own lifelong passions, then today's guest is going to suit you perfectly!
Peter Margaritis, host of the Change Your Mindset podcast, is an accountant/ educator by trade, but his passion is improv comedy. Many years ago he figured out how to combine his passion for improv with his ability to crunch numbers as a CPA and use it to teach others how to develop their own lifelong leadership skills.
A good CAPitalizer knows how to use the tools available to them in order to produce a desired outcome, and this is exactly what Peter Margaritis will talk about. How are we all in the "people business?" What's the best advice for those who want to become a CPA or who are already in that profession?
Learn more on today's episode of CAPitalize Your Finances!
Have you ever thought about owning your own restaurant? Franchise? Anyone who's familiar with the story of how McDonald's got started knows that a restaurant franchise can be profitable... extremely profitable, but is not without its risks.
My guest on today's episode, Tom Baldwin, is the hugely successful owner of Dark Side of the Spoon, which owns and operates some of the Midwest's most legendary bars and restaurants. What was his business life story? What were the risks he encountered, and how did he overcome them? What advice would he give to aspiring restauranteurs, and franchise owners to capitalize on their success?
As the CAP in CAPitalize, I'm always curious about what successful people do, how they do it, and how their success may provide a road map for others to be successful as well. How can other CAPitalizers do it? Listen to today's podcast and find out more!
One of the things I enjoy doing the most is learning from successful people. In fact, it's how I got started on my own CAPitalized financial career path. On today's show I welcome one of my newest best friends: the highly talented and amazingly smart Rebecca Hotsko, host of the Millennial Investing Podcast.
The goal of any CAPitalizer is to have the confidence in themselves to make smarter financial decisions, and one of the ways to do that is to learn from those who have forged a path. Rebecca's mission, much like mine, is to help people to make better financial choices and improve their financial literacy.
What did Rebecca wish she'd known when she first started investing? How did running her own business affect the way she thinks about finance, and how is that applicable to other people?
Tune into CAPitalize Your Finances and hear it for yourself!
On today's program I'm talking with one of my new best friends in the publishing business, the one and only Nicholas Hutchison, founder of BookThinkers. Nicholas is dedicated to building educational tools and social communities that anyone can use to fulfill their own potential.
This idea fits right into a CAPitalizer's niche! As you know, a CAPitalizer is someone who's passionate about empowering people to bet on themselves and to be confident about every aspect of their financial life. Nicholas has done exactly that, and in this episode we dive into how he started his business from scratch, the pitfalls that he encountered and had to overcome, and what advice he would give those who want to mirror his success.
Tune in to CAPitalize Your Finances and hear all about it!
It's a wonderful thing when you understand your current financial situation. But as CAPitalizers, we know that there's a lot more to it than simply understanding. We take it to the next level by examining every nook and cranny of where we are financially, and where we'd like to be. We want to have confidence that we've set ourselves up and that we're not going to fail.
On today's episode I'm talking with the legendary comedian Fahim Anwar. He's appeared on CONAN, LATE NIGHT WITH SETH MEYERS, has served as head writer and starred on a sketch show special for Comedy Central and has appeared multiple times on Joe Rogan's podcast. Fahim has a very interesting story to tell about his upward climb through the ranks of the stand-up comedy world, how he juggled a daytime job and a nighttime act, and how he was ultimately able to pursue his dreams full-time by investing in himself.
How do you chase your passion in life while still being able to make it all work out financially? Tune in and find out more!
This week's episode of CAPitalize Your Finances is going to be a bit different from what we've done in the past. Normally I speak about an individual topic that's relevant to what all you CAPitalizers need to know or have guests on from all walks of life to enlighten you how to CAPitalize Your Finances, regardless of what path you choose.
This episode? CAP is answering YOUR questions!
As you might imagine, doing so often leads to follow-up questions from many of my astute listeners and subscribers. Over the course of this past year, I've received dozens of emails asking about things like inherited IRAs, starting a 401k, paying off a loan, and much more, so for today's episode, we are going to focus on the retirement questions.
I'll be answering some of the most interesting retirement questions I've gotten.
Time to dive in!
You may have heard of "Private Equity," but how many people actually know what it is? Terms like these are tossed around quite a bit in the financial industry, and that may or may not be a good thing.
A great CAPitalizer will always look to understand a particular investment before they throw their hard-earned money into it. Today's episode focuses on not only the black-and-white definition of private equity, but also the different types you might encounter AND what you need to know before you dive into this type of investment strategy.
Tune in to CAPitalize Your Finances to learn about the ins and outs of Private Equity, as well as who should -- or should not -- consider this investment!
One of the best things I did this year was read "Richer, Wiser, Happier" by William Green. This man has interviewed some of the best minds in finance today -- much like I've done here on CAPitalize Your Finances!
One of the things that struck me in reading this book was that happiness does not come from constantly wanting more. He found that no matter what goals you're pursuing in your own life, you must first ask yourself this question: "Am I truly living richer, wiser, and happier?" I wanted to get the word from the legend himself, and when I first connected with him, I not only got my answer...I got more than I could have ever imagined.
If all you own in life is money, are you truly rich? How do you know when enough is enough? Tune in to today's episode to hear my take on how you can CAPitalize on a Richer, Wiser, and Happier Life!
Economic cycles are a given: the economy grows, then slows, and then grows again. Some call it the "economic pendulum," but that term is misleading -- a pendulum swings with regularity, whereas the economic swings happen seemingly at random, with little to no warning.
With that out of our control, we focus on what we CAN control: our reactions. CAPitalizers know that when opportunity presents itself, we try to take full advantage. And economic recessions do, believe it or not, offer us opportunities... and tons of them.
How can you try to CAPitalize on recessions? Get the information you need to know on this week's episode of CAPitalize your Finances!
After nearly 15 years of historically low levels, interest rates have begun to come back up this year. In response to inflationary pressures, the Federal Reserve has announced interest rate hikes across the board and has signaled that there may be more to come.
But just as there are ways to CAPitalize on Inflation (as I covered in my last episode), there are also ways to use higher interest rates to your advantage...many ways. Specifically, there are certain types of investments that actually create potential benefits from an environment like this.
What are your options? Tune in to this week’s episode and find out!
Let's face it: Inflation sucks. You probably don’t need me to tell you this, but worldwide inflation has returned. As the shock of Covid supply lines continues to reverberate, people have had to deal with inflationary pressures that we haven’t seen since the early 1980s.
While nobody likes rising prices (and for good reason), there are ways to cope with it – and even CAPitalize on it!
In today’s episode, I’ll give you some hints and strategies on what you can do to potentially lessen the impact of inflation, and avoid being on the wrong side of “Game Over.”
CAPitalizers! This episode I am coming at you with something completely different! On today’s episode, we’re going to speak with Joyce Marter, the author of the international financial gem of a read, The Financial Mindset Fix. Joyce is a licensed psychotherapist with a lovely little niche in finance. She also happens to be a national keynote speaker, corporate coach and successful entrepreneur that successfully sold her national therapy business for 8 figures, so it's safe to say she knows her stuff!
What makes today’s episode different, and why are we talking about this? Unlike most episodes that are focused on the quantitative side of finance, I wanted to take some time to get into the qualitative side of things. There seems to be a kind of financial mental health epidemic going on, and it’s hurting people both emotionally and financially.
By applying a mindful presence to such a stress-inducing topic like finance, we may be able to make more fiscally-responsible choices and learn to live in the present.
Learn more from Joyce Marter about how to CAPitalize on Your Financial Mindset Fix on today’s episode of CAPitalize Your Finances!
To become smarter, you need to hang out with really smart people. That's why I'm so excited this week to bring you my special guest, legendary investor and award-winning New York Times best-selling author of "The Warren Buffett Way," Robert G. Hagstrom.
Investing is complicated. Sometimes you don't know if you've made the right decision until long after it's too late. This is what makes people like Warren Buffet so interesting, because you have the opportunity to use them as a kind of model of what could potentially be a much more successful investment strategy.
On today's episode, Robert Hagstrom and I will be talking about (among other things) "focus investing," something that Warren Buffet has practiced for many years now. He'll tell you what focus investing is, how it works, and how almost any investor can apply it for themselves.
Learn all about it on this week's episode of CAPitalize Your Finances!
When you’re considering buying shares of a company, one of the things a good CAPitalizer will look at is the financial statements. This is especially helpful when you want to know what their true financial situation is.
But doing that can be really difficult. But have no fear, because of course – I'm here to help! On this week’s program, my guest is Tage Tracy, author of How to Read a Financial Report. We’re talking things like a balance sheet, an income statement, and a cash flow statement.
Why are they important? How do you go about analyzing a company to see if it’s worth owning for yourself or not? And how do stock buybacks actually work?
Get the answers – and more – on this week’s episode of CAPitalize Your Finances!
In our tech-heavy world, one where fortunes seem to be made mostly by people whose days are filled with bites and bytes, one of the less-heralded types of business in the 21st century is manufacturing -- also known as "blue collar" work.
And while they don't make big headlines, blue-collar businesses are the backbone of our economy. There are opportunities to be had in these types of businesses, especially for those who look at themselves as a hands-on, build-it-yourself kind of person.
A good CAPitalizer will not ignore any aspect of business, which is why I'm speaking with the legendary Forbes columnist Jim Vinoski on this week's program. What do you need to know in order to bring your blue-collar business from good to great? Have a listen and find out!
How do we set ourselves up financially so that our own future needs are taken care of? It's why we work, it's why we save, it's why we invest, and -- of course -- it's why we plan.
But there's a future out there that, alas, doesn't include us. We won't be here forever. But members of your family, and anyone else you may care about, will continue to carry on, and it's for those people that we conclude the CAPitalize Your Finances Framework with an episode about Legacy Planning.
I'm talking mainly about wills and trusts here. And while I'm not an estate planning attorney, what I'll do today is lay out some of the most common strategies and tools I have seen and used in my career, along with certain strategic tools that the top Estate Planning Experts I know have given to me over the years.
Are you ready? Are you WILLing? Then let's CAPitalize!
We're coming down the home stretch! Since Day 1, CAPitalize Your Finances has been all about a journey. Yes, we've talked money specifics, we've talked strategy, and we've take several deep dives into the various aspects of personal finance that affect virtually everyone at one time or another. But along with all of that, we've also traveled, you and I, through the labyrinth of what it means to be a CAPitalizer.
The common message through each episode has focused on you helping you. In other words, what steps might you take to improve your financial situation and ultimately reach your goals? As we set the stage for the episode that will round out the CAPitalize Your Finances Framework, I want you to begin thinking about what will happen when you're no longer around.
This is what we call Legacy Planning -- leaving your mark, financially, on those whom you care about the most. Today's episode is in an introduction into what we'll cover next: CAPitalizing for future generations. Get ready!
CAPitalizers: It's time to get real! It's been my experience that using real-world examples is one of the most effective tools to help people understand the sometime less-than-concrete concepts of financial planning.
In this episode, I take three hypothetical couples and apply some real numbers to their current financial situations. I'll design a strategy for each of them, and I'll explain WHY I'm taking each step along the way. This will give you a really good sense of how it's done.
Did you ever wonder how a CAPitalized plan is put into place? Have a listen, get ready to take some notes, and -- most importantly -- let's CAPitalize!
Most everyone loves a good guarantee, right? This is especially true where retirement income is concerned. The more guaranteed income you have, the less pressure there is on your portfolio to perform.
There are several options available to you when you're considering some type of guaranteed income. The questions is this: who is making the guarantees? And what are the conditions you have to fulfill in order to get them?
This week I take a deep dive straight into the different options you may want to consider. Where might annuities fit into your plan (if at all)? What about Social Security? And how do you make sense of it all? Learn all about it on this week's episode of CAPitalize Your Finances!
Income in retirement – what a concept! Actually, it’s more than a concept, it’s a vital part of life, whether you’re retired or not. You won't live a very good life without some kind of income. The more predictable and stable that income, the better.
As I said in my previous podcast, having and maintaining an income is a lot easier to do if you’ve got a process – a strategy – behind it. This week, I’ll give you the details on that process, using actual (hypothetical) numbers to help illustrate how this income strategy works.
Believe it or not, CAPitalizing your income may be as easy as drawing three boxes on a piece of paper. Does that sound crazy? It’s true! Tune in to this week’s informative episode and find out more!
Human beings have two distinct methods of thinking: the rational and the emotional. When it comes to finances, you're more likely better served by listening to the rational side; but the reality is that most people seem to make decisions based on the emotional side.
This can be a real detriment to retirement savings. Jumping out of the markets after they've already dropped is a common reaction to fear, but quite frankly, it's probably the wrong move to make. So how do you dodge the emotional reactions and listen instead to the rational part of your psyche?
As any CAPitalizer will tell you it's a process -- a strategy -- that you need. In today's podcast, you'll learn why this is the case, as well as exactly what kind of process I believe may work the best to avoid letting your emotions take over. Tune in now, and CAPitalize your retirement!
One of the most important things that CAPitalizers learn early on is that short-term financial needs must be matched to short-term financial assets. If you need your money to be there for you tomorrow, next month, or next year, you want it exposed to as little risk as possible.
Short-term investments are designed to trade rate of return for relative safety. But what exactly is a short-term investment? And how do you decide which one may be suitable for you?
Savings accounts, Money Markets, CDs, bonds -- these are just some of the many choices you have in the short term. Learn more about how they work and how to choose among them on this week's edition of CAPitalize Your Finances!
The common components of many investment portfolios are stocks, bonds and cash. And that's fine, in many cases. But sometimes, a little more is needed: what we often call "alternative investments."
One of those alternative investments may involve real estate. As CAPitalizers, we understand the importance of knowing what our options are, how they work, and how to determine if they're suitable for us or not. So how do we make that happen?
Enter my special guest today, Jason Gandy, head of acquisitions at the real estate development firm Sealy & Company. What does Jason look for when it comes to the quality of real estate to buy? What are the potential risks to consider? how do you go about constructing a real estate portfolio?
These, and MANY other questions answered in my fascinating and educational conversation with Jason Gandy on today's episode of CAPitalize Your Finances!
Part 2 of my fascinating interview with Atticus Lowe, co-manager and co-asset manager at 15 Equity, and author of “The Entrepreneurial Investor,” an investment book that I think all CAPitalizers should read.
In today's conversation, Atticus will talk about what he looks for when evaluating which company stocks (and what types of businesses) he would like to buy. Are things like a company's P/E ratio one of the main determinants, or do you have to look a bit deeper to see what's really going on? What about cash flow?
All important questions, and we talk about this -- and a LOT more -- on this week's episode of CAPitalize Your Finances!
Stocks, like them or not, are an integral part of most long-term investment strategies. As CAPitalizers, it’s important to know what role they play, and why you need to consider them when planning for your financial future.
Of course, choosing which stocks or funds you should own is not an easy task. How this is done – both qualitatively and quantitatively – is a specialty all its own.
My special guest for today, Atticus Lowe, is the co-manager and co-asset manager at 15 Equity and the author of “The Entrepreneurial Investor.” This is something he does every day. What is his investment philosophy, and what does he look for in evaluating a company? This is information that all CAPitalizers need to know. Tune in and get the details on part 1 of this fascinating interview!
When it comes to investing, you've got many choices -- perhaps TOO many! How do you make sense of what types of investments are out there, and, more importantly, how do you decide which of these may be appropriate for you?
For the long-term investor (one with at least a 10-year time horizon), trying to sort through all of the options is a daunting task. You want to make the right decisions, but your brain is turning to mush when figuring out which tools may provide you with the most success.
Fear not -- the CAP in CAPitalize is here to help! On this week's installment of CAPitalize Your Finances, I'll take you through the stock market, which you can access through a mutual fund, an ETF or an individual stock. Don't know the difference? Even better! I will also open your eyes to the interesting world of alternatives. What is an alternative, you ask? Set aside 20 minutes or so and the CAP in CAPitalize will set you straight.
Knowledge is power, what you'll learn today may help you immensely in the future!
This may or may not come as a surprise to some people, but there's more to investing than just putting money into stocks -- a LOT more. Even combining just the simple, conventional "Stocks and Bonds" portfolio may not be enough to get you where you want to go.
It took the Big Crash of 2008 for me in the early days of my career to learn that the successful investors used more than just stocks, or stocks and bonds, when working on building their nest eggs. And while not everyone needs to have a huge variety of investments, just knowing that other tools may be available to you is a big step forward.
Learn more about how I came to realize all of this, and how CAPitalizing your investments is so much more than just a slogan, on this week's episode of CAPitalize Your Finances!
If you're a parent, you want to see your child succeed. And if you're a brand new parent, you want to start your child off right, most likely from Day 1. Good idea! And yes - that includes getting them started on their own finances.
This doesn't necessarily mean you're going to hand them a bunch of money before they can handle it. But it does mean that you should be teaching them (through word and by example) how they may be able to become financially independent.
What avenues are available to parents who want to set their children on a good financial path? Listen to this week's episode and find out!
Do you have a retirement plan at work? Speaking here about a 401k, 403b, or a 457 plan for governmental and certain nongovernmental employers. If so, you've got an opportunity to do some real saving here!
What about Roth or traditional IRAs? Where do those come in? After all, those are types of personal retirement savings plans, and with a finite amount of money to put away each month, you might be confused about where your funds may be the most effective.
In this week's episode of CAPitalize Your Finances, I talk what you need to consider when you're faced with different choices of retirement plans.
If you have money left over after your expenses are taken care of, what should you do with it? This is what we call "gap" money, and where that money ultimately goes may be crucial to your financial success.
Before you go off and spend your extra cash on riotous living, you need to ask yourself several (or dozens) of questions first. What are your options at this point?
Tune in to this week's episode as I go over the many possible avenues for this money, and what you should be thinking about first.
I recently read a few online surveys regarding savings and investing, which I found to be rather astonishing. The general tone of them all seems to suggest that far too many Americans have no household budget, and some have absolutely nothing saved for retirement!
What's also interesting (and pleasantly surprising) is that the average American also seems to have a rather large amount of free cash flow each month. Whether you have a lot or a little doesn't necessarily matter; what matters is what you do with it.
In this week's episode, I talk about what it means to CAPitalize your cash flow and how you may be able to CAPitalize your future without sacrificing your enjoyment of the present. Tune in and find out more!
One of the more exciting aspects of financial planning is setting yourself up for the future. While making and sticking to monthly budgets may be a bit boring (although necessary), learning to invest your money for the future, and knowing there is potential for it to grow (maybe a LOT!), can make things really interesting and exciting.
Today's podcast talks about how you can CAPitalize tomorrow's finances, and, with luck, set yourself up for a comfortable and fulfilling retirement. Today we start the journey toward tomorrow! Have a listen and find out what the next steps will be!
On the last episode, I talked about the differences between "good" and "bad" debt. And yes, there are differences: major ones!
To follow up on that, this week's podcast is devoted to CAPitalizing your debt RATE. This is because there's a big difference between what you owe, and how much interest you have to pay on what you owe.
Finance is all about the little things, and this is why we strategize and plan together. Have a listen to this week's episode and find out exactly how to CAPitalize your debt rate!
For those who are accustomed to hearing that all debt is bad, when they're told that there is actually such a thing as "good debt," they're often more than a little skeptical. This can be a hard concept for many people to understand.
Believe it or not, there are strategic ways to utilize debt to your potential advantage. The key is to understand which debts are good, and which ones are bad. Knowing the difference between the two can make a big difference in your financial life.
On this week's podcast, I'll tell you more about how to CAPitalize good and bad debt.
For those who owe a lot of money to creditors, debt can seem like a really bad thing. And the bigger the debt, the worse the situation. And for those on the other side of the spectrum, those who are essentially debt-free, life can certainly seem a lot easier, at least financially speaking.
There's no shortage of financial pundits who tell you how much better your life will be if you eliminate all of your debts. But is this really sound advice? Perhaps not. There may be some instances where debt can actually work in your favor.
Find out more about ways to CAPitalize your debt on this week's podcast!
People sometimes wonder if "Cash is King," or if "Cash is Trash."
What if the answer is neither...or both?
Something as simple as how much you need to have in savings truly depends on your individual situation -- and the variables are endless. Do you work for the government and have a steady income? Are you an owner of a company where your income fluctuates? Are you a dentist and perhaps struggle to understand how much cash to have in your personal savings and business account?
On today's episode, I talk about how to be prudent with your savings (and where to store it)!
An often-overlooked aspect of personal finance is how much you spend each month -- yet getting a grasp on it is "mission critical."
For many people, talking about spending and expenses is embarrassing, overwhelming, and sometimes downright despicable. My question is this: why does it have to be that way?
Wouldn't it be great if you could have someone to listen to, who can calmly and systematically break down "Expenses 101" so you could walk away and feel confident about everything there is to know regarding your spending habits and needs?
Well, guess what: you've come to the right place!
Cash: is it good or is it bad?
Here's a better question: How much is too much? Believe it or not, there is such thing as having too much cash!
On today's Episode, "CAPitalize Your Cash," I take you through the good, bad and ugly in regards to this often-misunderstood asset. Cash is both valuable and useless -- so understanding the BALANCE is key.
Tune in, and prepare to view cash in a totally different way!
Whether putting their money in thrilling investments like stocks, real estate, private equity or other risky assets, people tend to get caught up on the excitement of TOMORROW.
The problem, though, is this: what if you're not ready for TODAY?
In this episode, "CAPitalize Today before you CAPitalize Tomorrow," I will talk about the tools you need -- things to do today -- that will work toward giving you a solid foundation before you get into the framework of future opportunities.
Tune in and find out more!
In the previous episode of my podcast, I told you about my personal experiences and how I got to where I am today. As we continue our journey toward becoming CAPitalizers, one vital question to ask yourself is this: what is your purpose?
It's a bigger -- and broader -- question than it may seem. You may want to have a financial purpose, and that's great. But if you just dig a little bit and think more deeply, you'll discover that your purpose is actually everything.
What do I mean by this? Have a listen to this week's installment of CAPitalize Your Finances and find out more!
Why "CAPitalize?" And what does it mean?
On today's podcast, as we kick off Season 2, I want to focus on my personal history for a moment. I'll give you my "back story," as they call it in the media biz, and how - and why - my life changed for the better just a few short years ago.
To capitalize means to take the advantage when it presents itself. I struggled at an early age trying to figure out what my own personal strengths were. Once they were made clear to me, though, I began to see just how much I could bring to the table - and I learned how to CAPitalize.
I'm Christopher A. Panagiotu, the CAP in CAPitalize; and this is where my story begins.
For nearly 30 years, we've been referring to the guideline that taking 4% from your portfolio may be the most optimal amount to keep you from running out of money over an average retirement.
Is this so-called "4% Rule" still valid in a time of high stock values and low interest rates? Or should it be revised higher -- or lower? -- to reflect more realistic scenarios? Chris Panagiotu, CFP® asked the creator of that rule, Bill Bengen, what his thoughts are on that rule, as well as what he thinks economic recessions and market recovery times will do to people's retirement portfolios, in this week's episode of CAPitalize: A Podcast for Intelligent Investors!
You may have heard that annuities are the greatest thing in finance. Or maybe you've heard that annuities aren't right for anyone at all. The truth, though, lies somewhere in the middle: Annuities may be completely suitable for one individual, while another should never consider owning one.
In today's interview, Christoper Panagiotu, CFP® talks about the good and bad of annuities, and brings up the question of whether life insurance is actually needed -- or not -- in part 2 of our interview with David Lau, founder and CEO of DPL Financial Partners.
Tune in and enjoy!
For many retirees, it's all about the income. In fact, that's true for almost everyone who's either retired, or looking to retire in the near future. How do you supply yourself with enough income to last the rest of your life?
On this week's podcast, host Christopher Panagiotu, CFP® speaks with David Lau, founder and Chief Executive Officer of DPL financial Partners about the challenges of creating lasting, stable income during an era of low interest rates. How do you manage when rates today are less than half of what they were just 20 or 25 years ago?
Find out more on today's episode of CAPitalize, the podcast for the intelligent investor!
In this week's episode of CAPitalize, host Christopher A. Panagiotu, CFP®, CRPS®, continues his interview with Colin Slabach, assistant professor and assistant director of the New York Life Center for Retirement Income at the American College of Financial Services.
What does it take to retire early? Is that even possible? And what can everyone learn from women when it comes to finance and investing?
This - and much more - on today's episode of CAPitalize, the podcast for the intelligent investor!
Part 1 of our interview with Colin Slabach, assistant professor of retirement. Today's topics are many and varied:
Bitcoin - what are the red flags when considering an investment in Bitcoin, and in cryptocurrency in general?
Bias in investing - Recency Bias and Confirmation Bias are everywhere. What does this mean in the world of investing?
Millennials and money - what the younger set of investors should consider for their future.
All that, and much more, on today's episode of CAPitalize, the podcast for the intelligent investor!
What's the most important piece of advice for those that want financial success? As we continue the interview with Craig Israelsen, founder of the “Seven-12 portfolio," our own Christopher Panagiotu, CFP®, CRPS® talks about what Craig would say to those who have a vested interest in achieving their own financial goals. What is low correlation? Why is it valuable?
Educating you on the important topics of the day - and more - on this week's edition of CAPitalize, the podcast for the intelligent investor!
What are the best steps for people to take to learn how to invest? And - do you like salsa? If so, this episode is for you!
In finance, as in many other fields, knowledge is power. And when you’re speaking with someone in academics, it’s an almost sure bet that you’re going to get answers to questions you have, while at the same time learning some valuable lessons. In this episode of CAPitalize, Christopher Panagiotu, CFP®, CRPS®, speaks with Professor Craig Israelsen, founder of the “Seven-12 portfolio". We answer questions that need to be asked, including what the difference is between an Exchange-Traded Fund (ETF) and a stock.
Get all the details on this edition of CAPitalize, the podcast for the intelligent investor!
Is asset allocation as a strategy a good idea, or is it an exercise in futility? What about annuities?
Christopher Panagiotu, CFP®, CRPS®, continues his interview with Michael Edesess, Chief Investment Strategist with Compendium Finance. This section gets even deeper into the topic of diversification, as well as Warren Buffett’s style of investing, and Michael’s opinions on both asset allocation and whether annuities could be a good idea to include in someone’s portfolio.
Does rebalancing one’s portfolio actually reduce risk? Is there any value in benchmarking investments?
Financial advisor Christopher Panagiotu, CFP®, CRPS®, speaks with Michael Edesess, Chief Investment Strategist of Compendium Finance about the idea of rebalancing, and why it may not be everything that people in the financial services industry often say it is. They also discuss Michael’s views on buy-and-hold investing, passive investing, whether diversification makes sense these days, as well as his opinion on just how risky stocks actually are.
Do you really spend more in retirement as time goes on? What should your asset allocation look like before and after you retire?
We continue our interview with Dr. Wade Pfau, Ph.D., CFA, RICP®, following up on our previous discussion. Today, host Chris Panagiotu, CFP®, CRPS®, will speak with Dr. Pfau about the conventional planning perspective regarding retirement spending, and whether or not retirees tend to spend more - or less - as they get older. The answer may surprise you. Find out more on Part Two of this edition of CAPitalize, a podcast for the intelligent investor!
Can you increase your retirement income AND your legacy for your heirs? Is it the right time to look into buying an annuity?
On today’s podcast, Chris Panagiotu, CFP®, CRPS®, is joined by Dr. Wade Pfau, Ph.D., CFA, RICP®, host of the Retirement Researcher Blog, monthly columnist for Advisor Perspectives, and all-around smart guy. Chris will get into the reasons why Dr. Pfau believes that bonds may not belong in a portfolio, and why right now may - or may not - be a good time to look into annuities. Lots to talk about on Part One of our interview on this edition of CAPitalize, a podcast for the intelligent investor!
Are we in a risky time in the market? What does the CAPE ratio mean and why is it valuable?
Part 2 of our discussion with Dr. Michael Finke, Ph.D., CFP®, professor of wealth management and director of the Grantham Center for Financial Security. Host Chris Panagiotu, CFP®, CRPS®, speaks with Dr. Finke about risk, and more specifically, why it's important to know what risks you may be willing to take in your investments. Get more details on Part Two of this edition of CAPitalize, a podcast for the intelligent investor!
It was commonly thought at one time that you could confidently take 4% of your portfolio each year in retirement and you’d be okay. Is that still true today? And what about fixed income? Are you putting yourself at risk with bonds?
Chris Panagiotu, CFP®, CRPS®, is joined on today’s podcast by Dr. Michael Finke, Ph.D., CFP®, professor of wealth management and director of the Grantham Center for financial Security. Chris and Dr. Finke have a lot to discuss, including today’s historically low bond yields, and why Dr. Finke believes that lower rates of return across the globe are likely to be the norm in the 21st Century. If that’s true, then where will we find a decent yield? Find out on Part One of this edition of CAPitalize, a podcast for the intelligent investor!"
It was quite a ride in 2020. But regardless of where the markets are now, or have been, the financial goals for many people likely remain the same: enjoy retirement to the fullest, and don’t run out of money, before they run out of time.
Of course, there are no guarantees that every one of your goals will be realized; life just doesn’t work that way. The key is to set yourself up so that the potential for success is there — and to enlist the help of someone who works toward making it happen.
What are some of the most common mistakes people make in their financial portfolio? If you have 10, 15 or more years to retirement, what are the steps YOU should take to strive to manage financial success?
Dr. David Blanchett, CFP®,CFA® , and head of the retirement research division of Morningstar Investment Management, spoke recently with Lucia Capital Group advisor Chris Panagiotu, CFP® , CRPS® , about market strategies for 2021, maintaining focus on your goals, and how a financial advisor may add potential value to your overall retirement savings.