The Wealth Advocates Podcast: Recent Episodes
Wealth Advocates
Join financial advisors, Patrick Jenkins and John Mickelson, for wealth topics, news and conversations. The Wealth Advocates Podcast is your source for all things finance, wealth, tax and estate planning. Make sure to subscribe on Apple Podcasts or Spotify. If you would like to make an appointment to speak with Patrick or John, please call our offices at (435) 754-7888.
Utah's economy in 2024, featuring Zion's Bank chief economist, Robert Spendlove.
🎬TIME STAMPS🎬
0:00 Who is Robert Spendlove?
3:05 How do voters feel about the economy?
4:03 Interest Rates
7:06 The Fed is shrinking its balance sheet
10:00 Unemployment rate
12:45 Inflation is decreasing
13:30 Consumer prices up 20%
16:15 When do we get back to normal?
17:55 National Debt
18:55 Social Security
20:00 Housing is unaffordable
22:50 Population
26:32 Summation
Patrick Jenkins of Wealth Advocates, and Eric Stats of Brighton Wealth Management, discuss how entrepreneurialism has evolved and improved over time, the joy of creating, and what is needed to succeed as an entrepreneur.
🎬TIME STAMPS🎬
2:00 What is an entrepreneur?
3:45 Technology has changed our perspective and outlook
9:00 Joy in creating
10:10 Population plus freedom equals prosperity
11:58 Capital & law
14:10 Innovative companies
21:13 What is needed to make it work?
25:00 Golden Age of Entrepreneurialism
If you'd like to schedule a free consultation, you can click here:
https://calendly.com/wealth-advocates
Patrick Jenkins Information:
Email: Patrick@wealth-advocates.com
www.wealth-advocates.com
John Mickelson, Patrick Jenkins, and Brad Harsch provide helpful tips and tools that help you plan for 2024.
🎬TIME STAMPS🎬
3:18 Interest rates
6:00 Reactivity to one data point
7:24 Inflation
10:00 Bonds have an inverse relationship with interest rates
13:11 Inverted yield curve
15:20 Opportunities based on scenario
18:00 Interest rate changes
26:00 Making informed financial decisions
30:30 Tax Brackets
33:10 2024 retirement contribution limits
37:50 Required minimum distributions
42:00 Family Tax Bracket management
43:30 Consider a Roth conversion
45:10 Donor Advised Fund
46:00 Qualified charitable distribution
If you'd like to schedule a free consultation, you can click here:
https://calendly.com/wealth-advocates
Patrick Jenkins Information:
Patrick@wealth-advocates.com
John Mickelson Information:
John@wealth-advocates.com
www.wealth-advocates.com
435-755-9400
Patrick Jenkins of Wealth Advocates and Eric Stats of Brighton Wealth Management, have a hopeful take on the future. They discuss the idea of abundance and how increasing population and freedom creates prosperity.
🎬TIME STAMPS🎬
0:55 Poverty decreasing
2:45 Educated middle class is increasing
7:40 Negative attitudes can lead to negative outcomes
14:15 The four fundamental impacts of technology
16:50 Book “Super Abundance” by Marian L Tupy & Gale L Pooley
19:00 Time pricing abundance
20:40 Inflation concerns
24:35 Hopeful worldwide trends
Resources:
Humanprogress.org
Book: Superabundance: The Story of Population Growth, Innovation, and Human Flourishing on an Infinitely Bountiful Planet - by Marian L. Tupy & Gale L. Pooley
If you'd like to schedule a free consultation, you can click here:
https://calendly.com/wealth-advocates
Patrick Jenkins Information:
Email: Patrick@wealth-advocates.com
wealth-advocates.com
Patrick Jenkins and Olivia Williams give you the rundown on Required Minimum Distributions (RMDs). What are the rules for multiple accounts and 401ks? What pitfalls can you avoid? What happens if you forget to take an RMD? Get answers to all these questions and more in today's episode.
Will social security run out of money? Patrick Jenkins and Scott Grover touch on Social Security topics including COLA: the cost-of-living adjustment, Medicare premiums, inflation, and fixed income.
Please watch our newest Wealth Advocates podcast. In it, Pat, John, and guest Todd Hallock discuss the steps you can take today to wisely prepare for your future. This information is key to your financial success. Please share this with friends and family who could benefit from this information as well.
Financial experts John Mickelson, Patrick Jenkins, and Brad Harsch discuss how market updates, volatility, and current interest rates may impact your portfolio.