Dollars & Sensibilities: Recent Episodes
Dollars & Sensibilities
Andrew “Money” Martz and “Dollar” Bill McBride discuss the numbers, concepts, and behaviors that shape your financial life. As financial advisors in Hollywood, California they helped thousands of individuals and businesses better their financial futures. Now they want to open these discussions to you the listener and share the many things they have learned and of course, how to be sensible about your dollars!
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC. Information presented is for informational purposes only.
Join Andrew Martz and Bill McBride as they recap the financial rollercoaster of 2023, share insights on proper investment math, and make bold predictions for 2024. Whether you're a seasoned investor or new to finance, tune in for valuable insights to help you navigate your financial journey. Subscribe now and stay sensible about your dollars with Bill and Andrew.
Alright Alright Alright! We finally incorporated some Matthew McConaughey wisdom into a financial podcast. Mac's latest children's book "Just Because" provides some profound mantras, simple insight really, into the self-talk we should be employing. When it comes to your investment philosophy, Bill and Andrew relate this simple preface of Just Because to ways to improve your discipline. Just Because you read this description, doesn't mean you get it yet...Tune in!
While financial success is the goal for many, financial enabling can silently affect your future financial well-being. This week Andrew and Bill discuss what financial enabling is, who it effects, relationships to beware of and careers choices that may foster it.
Diverse opportunities and economic disparities mark our society. This week, Andrew and Bill discuss socioeconomic class mobility and shed light on the factors influencing upward and downward movement within the class system.
Fake Investments are the products and services we spend our money on, believing they will bring us wealth, but just leave our wallets empty. This week, Andrew and Bill discuss common fake investments, personality traits that can lead to making fake investments, and the right questions to ask to avoid these pitfalls.
Traveling in 2023 is coming with a lot more cost. This week Bill and Andrew discuss the Do’s and Don’ts of mixing personal & professional travel along with the new landscape for corporate travelers. Tune in and find out if rewards points still matter!!
It's tax deadline time! This week Bill and Andrew review this year's tax deadlines, but equally as important is the opportunity to review your portfolio. We tell you what to look for as it relates to your taxes and how to rebalance your portfolio like a pro.
Luck and Risk are two different sides of the same coin. This week Bill and Andrew talk about the role of luck in success, why the year you were born matters, and the importance of holistic financial planning. Don’t underestimate the power of things you can control!
If your friends were all jumping off a bridge, would you do it? This age-old parental inquiry was never so useful as it is in the mindset of an investor. Join Bill and Andrew today as they discuss what the most popular investments are and what you should really be doing with your money instead of following the "Cool Kids" that are jumping off bridges!
Self sabotaging behavior is one of the major causes for not meeting individual financial goals. The effects of a weekend splurge spending spree can last for years. This week Andrew and Bill discuss how consumer behavior patterns have changed as a result of the pandemic and how you can avoid common pitfalls and make your financial dreams a reality.
In this week's episode, Bill and Andrew discuss the simple concept of "Perspective" and how it applies to your finances. Do you ever see something on TV or social media and think "Why isn't that me?" Well, it might be you already...with the right perspective! Listen in and learn how you might be doing better than you think with your portfolio, your income and your life!
It’s that time of year again. Set new goals, learn new skills, and lose weight. We all make mental resets this time of year, and in today’s episode, Andrew and Bill discuss the five resolutions that can set up your 2023 financial plan and reveal the research on whether the New Year's resolution even works.
That’s a wrap on another year of Dollars and Sensibilities and on the eve of a New Year, Bill and Andrew review the markets, their returns, and the sectors that performed the best/worst. The real story is in the difference between the three major indices, The Dow, the S&P 500 and the Nasdaq. Be sure to listen until the end to hear all the year-end results!
2022 has been tough for investors, especially those who invest in cryptocurrency. The recent collapse of the cryptocurrency trading platform FTX has sent the markets into a tailspin. This week Andrew and Bill discuss FTX, the crypto markets, and how investors can better understand what it means for their portfolio.
Forbes - Crypto Crash 2022: Not Your Keys, Not Your Crypto
Forbes - FTX Debacle: Is There Anyway To Calm Crypto Investors Down?
WSJ - How Crypto’s Collapse May Have Done the Economy a Favor
Today Bill and Andrew hit on some oldies and some newbies - those things that make you go hmm! Listen to find out which ones stand the test of time and which ones we will still be arguing about years from now.
You set up your portfolio. It's beautiful. You see the S&P 500 go up and then you compare your apples to those oranges and you come up short. Why, oh why?!! In this episode we break down the five biggest reasons you are losing more or gaining less than the market, and how to fix it!
Election season finds many investors speculating about who will win and what that means for the markets and economy. This week Andrew and Bill look back in history to discover how political control impacts the markets and provide insight into what to expect as a result of the 2022 midterm election and how to prepare your portfolio.
2022 has left many investors rethinking their investment strategy. In this episode, Andrew and Bill go back in history and look at the events that have shaped the last two decades of the market to give you insight into what to do today.
Have you heard from your first day in the working world that Social Security will not be there for you? We all have. Have you ever asked why though...and if it's actually true? We break it down to Dollars and Sensibilities today and it's not as bad as you think!
The markets have not been fun in 2022 but this week Andrew and Bill discuss the 3 rules for bear market success and your critical year-end planning checklist.
Article Links
Forbes: Three Rules For Successful Bear Market Investing
Forbes: 2022 Year-End Financial Checklist
This past week we all mourned the passing of Queen Elizabeth II, the longest reigning monarch in British history. In today’s episode, Andrew and Bill reflect on her life and her choices while they discuss the royal fortune and how it will transition the next generation. Listen to apply some royal wisdom to your financial plan!
This week we take a look at 4 of the stocks that were popular for people to buy during the beginning of the pandemic and ask the question: what do I do with them now? Spoiler alert - we take you back to fundamental investment philosophy!
This week, Bill and Andrew discuss the hotshot college kid that made $110MM on a Bed Bath and Beyond trade, Jim Cramer's track record and how your brain hears his bells and whistles, and lastly another lesson in how to line up your beneficiaries correctly. Hint: celebrities won't get your IRA.
Description: High inflation and low returns have created the perfect storm for new retirees. This week Andrew and Bill look at the math of retiring into a bear market and how they think about the 60/40 portfolio model and give you the insights most “experts” miss. Take a look at this week’s articles below:
The Tricky Math of Retiring Into a Downturn
The 60/40 Strategy Will Beat Inflation Eventually, Survey Shows
In today’s episode, Bill and Andrew dissect a media clip as an example of how what you’re hearing “by the numbers” may be just tugging at your emotions. Math, people!
Last week, when the latest U.S. GDP numbers were announced, talk about the dreaded R-word — recession — got a little louder. Regardless of the “are we or aren’t we” discussion, you may be feeling the pressure of economic forces. Today Andrew & Bill discuss articles published recently which will help you navigate the current economy regardless of whether you're ready to use the "R Word" or not.
Are We Ready to Start Saying the R-Word? (Bloomberg)
3 Ways the Fed’s Interest Rate Increases Affect You (Barron's)
Investors need to stay away from the herd to outperform (Financial Times)
How to Ride Out a Murky Economy (New York Times)
Is 2022 over yet? That’s what most investors have been asking themselves. In this week’s From the Feed episode, Andrew and Bill get tough and address the MOST pressing issues facing the average Americans today and offer practical steps to address, overcome and not just survive but thrive in today’s economy.
There are two rules in the Investment Club...let's talk about them! Today we discuss an outdated, but still viable, way to invest your money and socialize while you are doing it.
The Blame, The Tipping Point and The Remedy. In today's episode, Bill and Andrew discuss the recent market volatility, and jumping in and out of a bear market. Whose fault is it? Where are we in the cycle? Most importantly, how do we adjust for it? Listen for answers, comment for input!
This week in From the Feed, Andrew & Bill discuss articles written about "Bear Markets" and their impact on investments, retirement & taxes.
(New York Times) Bear Markets and Recessions Happen More Often Than You Think
(Barrons) Why Retiring This Year Could Be a ‘Worst-Case’ Scenario
(The Economist) Americans are saving less than at any point since the financial crisis
(Financial Times) Time to cut your stock market losses — or not?
(Forbes) How Dangerous Is The Bear Market?
(Bloomberg) How to Use Your Losing Stock Positions to Lower Your Tax Bill
Are you a Daytrader? A Scalp Trader? Or are you an Investor? Today Bill and Andrew will help you realize what you are really doing with your money and how to do better!
In this week's episode of From The Feed, Andrew & Bill discuss crypto currency, NFTs and how to manage these as part of your portfolio and even your estate planning.
Are you upset about the state of affairs in the country, the world...how about just your portfolio? Today we delve into the psychological process of addiction and how we can snowball ourselves with pessimism that can pour over into every facet of our lives. Let's get happy!
The workplace ecosystem has evolved considerably over the decades, both physically and socially. Modern technology like mobile phones, PCs, printers, and faxes redesigned the office environments of the ’80s, ’90s, and 2000s. This week Andrew & Bill discuss the articles which cover the evolution of the workplace into what we're calling Workplace 3.0.
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(Entrepreneur Magazine) Career Transitions You Can Make in Your 40s and 50s
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(Entrepreneur Magazine) We Asked Entrepreneur Readers: How Do You Inspire Yourself, and Others?
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(Entrepreneur Magazine) This is What It's Actually Like to Work a 4-Day Workweek
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(WSJ) Why Is Your Boss Asking About Your Feelings? Inside the Empathy Management Trend
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(Forbes) I Am Not A Robot: Restoring Humanity And Authenticity In The Workplace
In this week's episode, Bill and Andrew discuss the importance of Critical Thinking while investing. While it may seem obvious, listen in to find out, in detail, how you can be a better analyst and investor. They also cover Volatility, Uncertainty, Complexity, and Ambiguity - and how to make them your friends in the markets!
From the Feed brings D&S listeners commentary on top articles being written from today’s leading financial publications. Today we continue to cover inflation, all things Elon Musk and some takeaways from Warren Buffet and the Berkshire Hathaway Annual Shareholders meeting.
Article Links:
- WSJ - “Fed Lifts Interest Rates by Half Point in Biggest Hike Since 2000”
- TechCrunch – “ A complete Timeline of the Elon Musk-Twitter Saga”
- Barron’s – “Elon Musk’s ‘Friends’ Are Helping to Fund the Twitter Buyout. Twitter Stock Is Jumping.
- CNBC – “When inflation is high, Warren Buffett says the best thing you can do is ‘be exceptionally good at something”
This week on D&S, Bill and Andrew discuss FIT Investing, or Financial Information Timing. This is the attention to detail that we sometimes miss when caught up in the volatility of the markets. If timing is everything, then the timeliness of information is the greatest detail to not overlook. Join D&S to avoid the pitfalls and stay Financially FIT!
Communication is simple but not always easy. This week join Andrew and Bill as they explain the basic communication formula, unpack the dimensions of communication and discuss the most important ways we communicate about financial decisions.
In this week's episode, Bill and Andrew discuss the perils, and argue over the benefits, of Nostalgic Investing. Numbers battle emotion in this age-old discussion of not only what companies are in your portfolio...but why. Tune in and chime in with your thoughts!
The world is moving faster today than it ever has in history and we have more options for our lifestyles, careers, relationships, and finances. How do we know the correct paths to follow? This week Andrew and Bill discuss the importance of clearly identifying your personal Vision, Mission, and Values and some tips to capture these fundamental statements.
In this week's episode, Bill and Andrew reunite in-person from the Sunset Strip. They discuss the slap heard around the world (and how it relates to your investment philosophy...it's a stretch), the fate of Chelsea FC, perestroika and how the US economy will be affected, and the return of the wealth tax.
From the Feed brings D&S listeners commentary on top articles being written from today’s leading financial publications. Today we cover the global fixed income market selloff, Chinese stock and what they can teach about GDP growth and stock market returns. Also, the Russian billionaire selling his prized Futbol (soccer) club, Reddit’s upcoming IPO and how to predict the next recession. Article links below.
- BLOOMBERG March 2022 - This Is Now The Worst Drawdown on Record for Global Fixed Income
- MORNINGSTAR March 2022 - Chinese Stocks: The Road to Nowhere(Does GDP Growth mean better stock market returns?)
- WSJ March 2022 - A Long Queue Forms to Buy London’s Most Famous Russian Asset: Chelsea FC
- The Business of Business March 2022- Reddit is eyeing a $15 billion IPO. Here’s how it became the giant cultural force it is today.
- Calculated Risk Blog March 2022 - Predicting the next recession
It’s easy to look at the events of the world, pieces of your financial plan, or aspects of your portfolio and think “Is this a good or bad thing?”. This week Bill and Andrew challenge conventional wisdom by looking at a classic Taoist proverb to help shape perspectives about your portfolio, your tax bill, your financial plan, and your life.
It’s early 2022 and INFLATION is everybody’s favorite hot button topic but inflation is the invisible economic force that is constantly working against your financial efforts. This week Andrew and Bill discuss how inflation is measured, the ways it can impact your long term planning and simple steps to make sure you can protect against it.
In this week's From the Feed episode of Dollars and Sensibilities, Bill and Andrew break down the Ukraine situation and the stock market, Congress' apparent subscription to Dollars and Sensibilities, and the split direct deposit.
From the Feed brings D&S listeners commentary on top articles being written from today’s leading financial publications. Today we cover the over and underestimations of food and money, the Zillow Saga, and the Senate’s top stock traders.
Article Links
After The Fact (Feb 8, 2022 by Morgan Housel)
Zillow’s Shuttered Home-Flipping Business Lost $881 Million in 2021
The balance sheet is one of the most important financial documents to create and be familiar with. It calculates your Net Worth. In today's episode, Bill and Andrew dig into why knowing your Net Worth may be the most important number in your finances. More importantly they discuss what does it mean? How do you calculate it and most importantly, how do you make that number get bigger?
From the Feed brings D&S listeners commentary on top articles being written from today’s leading financial publications. Today we cover 2021 resignation numbers, marina real estate investments, psychedelics ETF’s, the private equity trends, and how to become a time millionaire.
This week, Bill and Andrew discuss the other inevitably of life...taxes. Specifically, what you could be missing in your filing, your accounting, and therefore your returns. We wrap the episode with one of the most important concepts in your working life; your tax bracket, and why you NEVER actually pay the percentage of your tax bracket. It's life changing math!
This week on From The Feed, we cover why women are so integral in the planning process, what has happened to the price of at-home covid tests, Goldman Sachs prediction for the price of Bitcoin, the latest on Tesla’s Starlink service, Tim Cook’s take home pay and the keys for a happier financial life in 2022.
- (ThinkAdvisor, Dec. 2021) Why Women Must Be Part of Planning Meetings
- (Bloomberg, Jan. 2022) Rapid Covid Tests Are Reselling for Triple the Retail Price
- (CNN Business, Jan 2022) Goldman Sachs predicts bitcoin could hit $100,000
- SpaceX’s Starlink internet service has more than 145,000 users so far
- (CNBC, Jan 2021) Here’s how much money Apple CEO Tim Cook made in 2021
- (WSJ, Dec 2021) For a Happier Financial Life in 2022, Face Your Money Fears
Link to Episode 21 - Money Scripts
In this special From the Feed episode we take a look at the Federal Reserve, rising rates, inflation, and how to spend that tax return…wisely. Lastly, we help you understand how Michael Jackson’s Thriller and Van Halen’s 1984 can teach us a valuable investment lesson.
On the eve of 2022, Andrew & Bill take a look back at the moments, memories, and events that shaped the last 12 months. Join them as they reflect on a year filled with first, tallest, and never before seen. From all of us at the Dollars and Sensibilities team, Happy New Year!
In our annual Christmas episode, we go over all the great year-end ideas: gifting strategies, RMD's, QCD's, and...OMG...what is Tax Loss Harvesting and how do I get that done before the New Year!?
From the Feed brings D&S listeners commentary on top articles being written from today’s leading financial publications. Today we cover Elon selling Tesla shares, the 4% rule, Crypto fans, Football buying Futbol, inflations new high, and a Sex in the City spoiler.
- Elon Musk Isn’t Done Selling Tesla Stock. Here’s How Much He Just Sold.
- Forget the 4% Rule. Why Retirees Need to Rethink Their Withdrawal Strategy.
- Football fans spending millions on club crypto-tokens
- 49ers Plan to Buy Leeds United for $530M
- Inflation Hit a 39-Year High in November. Here’s What Costs More, and How to Plan for It
- Peloton Strikes Back at ‘Sex and the City’ Reboot With New Ad
Did you ever ask what the ultra-wealthy are doing that you aren't? Are you inspired to dip your toes in the waters of investing, or too afraid to drown? This week, Bill and Andrew discuss the concepts of "upper limiting" and why we hesitate to get in the game...more importantly - how we can overcome that hesitation. Why not YOU!?
Estate planning is often an overlooked part of the financial planning process. This week Andrew and Bill talk about the biggest celebrity estate blunders. From Larry King to Michael Jackson, some of the biggest names in Hollywood missed opportunities to save their heirs time and money. Don’t make the same mistakes!
From Feed Series brings D&S listeners commentary on top articles being written from today's leading financial publications. Today we cover the billionaires tax, the metaverse, tesla earnings, the greed index, Shiba Inu and the greater fool. Links to articles below.
- (CBS News, Oct 2021) What is a “billionaires tax,” and how would it work? (https://www.cbsnews.com/news/billionaire-tax-wealth-how-it-works/)
- (Reuters, Oct 2021) Facebook changes name to Meta as it refocuses on virtual reality (https://www.reuters.com/technology/facebooks-zuckerberg-kicks-off-its-virtual-reality-event-with-metaverse-vision-2021-10-28/)
- (BBC News, Oct 2021) Tesla surpasses $1 trillion value after Hertz order (https://www.bbc.com/news/business-59045100)
- (CNN Business, Oct 2021) Investors are getting very greedy again (https://www.cnn.com/2021/10/26/investing/stocks-fear-greed/index.html)
- (The Motley Fool, Oct 2021) 2 Toxic Cryptocurrencies to Sell Right Now (https://www.fool.com/investing/2021/10/31/2-toxic-cryptocurrencies-to-sell-right-now/)
- (The Motley Fool, Oct 2021) What is the Greater Fool Theory (https://www.fool.com/investing/how-to-invest/greater-fool-theory/?utm_source=msnrss&utm_medium=feed&utm_campaign=article&referring_guid=9f11180f-afe1-478a-a33e-4d51e3aaf1af)
The From the Feed Series brings D&S listeners commentary on top articles being written from today's leading financial publications. Today we cover the investment that can get you 170x return, retail investors swapping GameStop for ETF’s, retiring early could be easier than you think, the magic of a single micro action and what the history of money says about its future.
Links to the articles are below.
- (WSJ May 2021) The Safe, High-Return Trade Hiding in Plain Sight (https://www.wsj.com/articles/i-bonds-the-safe-high-return-trade-hiding-in-plain-sight-11622213324)
- (WSJ Oct. 26th 2021) Swapping GameStop for ETFs, Retail Investors Ride Out Volatile Markets (https://www.wsj.com/articles/swapping-gamestop-for-etfs-retail-investors-ride-out-volatile-markets-11635259383?mod=markets_lead_pos5)
- (Barrons Oct 22nd) Retiring Early Is Looking Easier. Here’s How to Do It With No Regrets. (https://www.barrons.com/articles/retiring-early-is-looking-easier-heres-how-to-do-it-with-no-regrets-51634892301?mod=hpsubnav)
- (Behavior Gap – Carl Richards) The Magic of a Single Micro-Action (https://behaviorgap.com/the-magic-of-a-single-micro-action/)
- (Time.com) What the History of Money Says About Its Future
Today it seems like everything has a disclosure, even your McDonalds coffee. Often, the truth is found in the FINE print. Today Bill and Andrew talk about three common reasons people avoid thinking about the disclosure and how to use them to make more informed decisions.
Welcome to a new series within the Dollars & Sensibilities podcast. It's called "From The Feed" and Andrew & Bill will be discussing the most widely shared news articles from the top financial publications. They will give their thoughts and opinions and hopefully help you understand the financial news a little better. This Week's Articles: 1. Barrons 9/26 | U.S. Slips in Retirement Index, and 682,400 Seniors Are Behind on Their Mortgage 2. CNBC.com | Panic sellers during stock market dips are often married men with children (https://www.cnbc.com/2021/09/27/panic-sellers-during-stock-market-dips-are-often-married-men-with-kids.html) 3. WSJ.com | Democrats Release Details of Proposed Tax Increase (https://www.wsj.com/articles/democrats-release-details-of-tax-increase-11631539532) 4. WSJ.com | What Is the Debt Ceiling and Why Does Congress Need to Raise It? (https://www.wsj.com/articles/debt-ceiling-deadline-11627913756) 5. YahooFinance.com | Why the Roth 401(k) is ‘the unsung hero’ of retirement plans (https://money.yahoo.com/why-the-roth-401-k-is-the-unsung-hero-of-retirement-plans-152307501.html) 6. Money.com | Frustrated House Hunters Are Giving up on Buying Only to Face an Expensive Rental Market (https://money.com/homebuyers-giving-up-expensive-rental-market/) 7. YahooFinance.com | Is That All There Is? Why Burnout Is A Broken Promise (https://finance.yahoo.com/news/why-burnout-broken-promise-152942399.html)
Making an impact in the world with your money is no longer limited to giving to your favorite charity. ESG investing allows investors to make an impact, and a return on their dollar, by adding socially and environmentally conscious companies to their portfolio. This week Andrew and Bill discuss how you can take advantage of impact investing!
How often? How much? When it's bad? When it's good? These are the questions we hear most often when asked about changing an investment strategy. This week Andrew and Bill discuss how to approach rebalancing your portfolio and the tips to make you most successful.
Once you have found the right investments you need to make sure they are in the right accounts. Tune in this week as Bill and Andrew discuss the asset location and the three main account types to get the most out of your investment strategy.
When most people make large purchase they ask themselves “What can I afford?” instead of “What is the best financial decision?”. This week Bill and Andrew discuss the trap many people find themselves in when buying the payment.
For many Americans buying a home is the most significant financial decision we will make. Join Bill and Andrew as they discuss the process and most important considerations when buying your home… or is it a house?
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
There have never been as many small businesses in America as there are today. Today Andrew and Bill discuss the lifestyles of different entrepreneurs and what it takes to make the leap from a solo practitioner to a CEO of a business that is larger than one person.
Back of the napkin financial planning is no substitute for the real thing, but it can serve as a benchmark to see if you’re on the right path! This week Bill and Andrew explain the 4% rule and how everyone can use this simple trick to check in on their retirement savings goal.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Retirement planning is all about maximizing your savings and tax benefits. This week Andrew and Bill discuss how a Backdoor Roth IRA can benefit retirement savers and how Peter Thiel put $5 Billion dollars into his ROTH IRA .
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Compound interest is the number one shortcut to creating wealth. This week join Bill and Andrew as they teach you “The Rule of 72” or as they like to call it… back of the napkin financial planning.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Generational wealth is wealth that lasts beyond your lifetime and impacts the future generations of your family. Today Andrew and Bill discuss how parents and families can teach the next generation to learn the principles, habits and characteristics of good money skills.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
This week Bill and Andrew keep Rolling with the Changes...but we dive even deeper into the 401K Rollover process. What are your options? What are the mistakes to avoid? What the heck does Commingling mean?! Listen for the answers to these questions and more in Episode 34: Keep on Rollin!
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Money touches all areas of our lives and relationships are no exception! Learning how to navigate the topic of finances can make or break your relationship with your significant other. This week, Andrew and Bill look at the research to see where couples get it right and wrong...and what to do about it!
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
401k’s are popular retirement savings accounts for individuals employed by a company. The question becomes: what to do when you leave that company? This week Bill and Andrew discuss your rollover options and things everyone should ask when confronted with the question: "to roll or not to roll?"
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
We spend nearly one third of our lives working. Career choices have a profound impact on our wealth and wellbeing. This week Andrew and Bill discuss how to evaluate your next career move.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Ever feel like you’re the only one not at the party? In this week’s episode, Bill and Andrew talk about the questions you should be asking when the investment FOMO sets in.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Have you ever felt like you had the hot hand and couldn’t lose? Whether in the investment markets, housing market or craps table, mindset and perspective is everything. In this episode Bill and Andrew discuss Kenny Rogers’ “The Gambler” and the mistakes investors make by walking… or not walking away from the table.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Fear and worry can waste investors’ time, energy and, most importantly, money! Too often we spend time focusing on things that either don’t matter or things with which we have limited control. This week Andrew and Bill discuss some of the areas that can paralyze even the most savvy investor!
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Have you ever uttered the phrase “Time is Money”? This week Andrew and Bill breakdown the difference of time and money, compare their value and reveal where that famous phrase actually came from.
Playing the comparison game is natural for most people. We compare our cars, houses, haircuts, clothes and yes, our INVESTMENTS! Listen in this week as Bill and Andrew talked about the common ways people compare themselves and the pitfalls to avoid.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Every investor is looking for an edge and while it’s hard to know what the “next big thing” will be, this week Andrew and Bill discuss the 5 investments every investor must make.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Looks can be deceiving, especially when looking at our stock watchlist. A screen filled with green and red numbers can lead to potentially false perceptions. This week Bill and Andrew discuss the facts and fallacies of reading your favorite stock page.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Making wise decisions on major budget items can have the largest impact on your overall wealth. These are typically housing, taxes and CARS! This week Andrew and Bill discuss how to approach the car buying decision, the costs you must consider and how to set an appropriate auto budget.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
A part of creating wealth is understanding your assets, liabilities and how to effectively LEVERAGE! A securities based line of credit can be an effective tool to help cash flow issues. This week Andrew and Bill discuss the features and uses of a securities based line of credit...the mighty SBL.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
We all have core beliefs about money that drive our financial behaviors... these are your “Money Scripts”. The awareness that there are unconscious beliefs driving decision making is the first step towards creating a healthy relationship with money. This week Andrew and Bill discuss to common scripts, the types of behavior associated with them and what you can do to rewrite your own Money Script!
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Debt can cripple your financial house or be an accelerator to your wealth. This week Andrew and Bill discuss how it works and the considerations anyone should make when deciding to use it.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Innovation and technology continue to revolutionize the world and can leave a lot of investors wondering “am I too early?" or "am I am too late?” This week Andrew and Bill discuss the perspectives you need to understand market cycles and how to make decisions to be successful!
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Finance talking heads have discreetly inserted investing “catch phrases” into your vocabulary that may be hurting you! This week Andrew and Bill challenge these investment proverbs and help provide perspective on how to make sensible financial decisions.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Buying and Selling real estate can be a great way to build wealth and your portfolio, just make sure you follow the tips in today’s episode to maximize your results. Today Andrew and Bill discuss the process, players and philosophy involved in a 1031 exchange.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
This week Andrew and Bill walkthrough the events of 2020 month by month, highlight the stories that shaped the markets and our lives and present the key takeaways from a historic year.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Navigating life’s financial decisions can be scary but the good news is you don’t have to do it alone! Today Andrew and Bill discuss what it looks like to work with a financial advisor and answer the questions that may have prevented you from calling one.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this week’s episode Andrew & Bill discuss some of the common misconceptions when investing in stocks including what stock splits are, what a company’s market value means and then debate why companies issue dividends.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Have you ever asked “What is a Bond?” In this weeks episode Andrew and Bill break down in very simple terms what a bond investment is and how investors can use this tool.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this episode Andrew and Bill discuss FDIC, Gold and Treasuries and have a conversation about “Safety Investing”.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this episode Andrew and Bill discuss what it really means to be “WEALTHY” and provide the tools they have used to find health in the 4 most important areas of your life.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this episode Andrew and Bill discuss the technical jargon used in financial circles and break down what these terms mean and how they relate to your investment decisions.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this episode Andrew and Bill discuss the common pitfalls investors make, the error of trying to get something for nothing and what to do when you have unmet expectations.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
Ever wonder how to invest during a crisis? In this episode Andrew and Bill talk about market crashes, the crises behind them and how to invest through them.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this episode Andrew and Bill discuss how your finances are structured like a football team and if defense wins championships, then taxes help you win wealth!
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this episode Andrew and Bill discuss Bill’s coined phrase, “The Krispy Kreme Effect” and what every investor needs to be aware of when making an investment.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this episode Andrew and Bill discuss creating momentum with your money, establishing a vision, hitting milestones and the importance of having a team.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this episode Andrew and Bill help answer the question “Am I Good With Money?”, give insights to help get household finances in order and help uncover your next step to financial freedom.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this episode Andrew and Bill discuss the importance of income, provide tips on how to grow your income and share why they believe practicing gratitude and humility can help your receive more!
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this episode Andrew and Bill discuss the difference between mutual funds and exchange traded funds, active vs. passive management and how to be successful investing for the long term.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.
In this episode Bill and Andrew discuss Plato’s Allegory of the Cave, the shadows that shape our reality, how we perceive money and make decisions and who would be cast in a modern day making of this 3rd century tale.
Securities and Advisory services offered through Western International Securities, Inc.("WIS"), Member FINRA/SIPC.
Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here. WIS is only allowed to provide services to clients in states where we are registered. Please contact us to obtain a listing of the states were we are currently doing business.