Insightful Principles: Recent Episodes
Kevin N Jenkins
Welcome to "Insightful Principles". Kevin Jenkins will discuss various topics surrounding financial principles in the areas of business, personal finance, and creative investing. While bringing entrepreneurs stories to the forefront in a transparent dialogue. Insightful ideas on applying financial fundamental's that will improve your life.
Thank you all for your support on this channel. Our host Kevin Jenkins has to put this channel on hold due to working in the financial industry. Insightful Principles will still be around as a channel, but he cannot create content moving forward due to conflicts of interest.
Until the next time, stay curious, stay learning, and we will be back again sometime in the future. Take care!
IN THIS EPISODE, YOU'LL LEARN:
04:00- Federal Reserve Policy Decision On Interest Rates?
05:33- Current inflation data for May 2023?
06:37- Core inflation throughout the economy?
07:32- State of the labor market (unemployment & jobless claims)?
10:27- Lagging vs. leading indicators?
12:13: Credit tightening, banking sector, & commercial real estate?
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
federal #reserve #policy #decision
IN THIS EPISODE YOU'LL LEARN:
02:22 - Total Household Debt is $17.05 Trillion Dollars?
03:39 - Home Equity Lines of Credit (HELOC) at $339 Billion Dollars?
06:18 - Credit Card Balances stand at $986 Billion Dollars?
07:49 - How interest rates impact credit card debt?
10:52 - Debt Share Among Different Age Demographics?
12:49 - Delinquencies Among Auto Loan & Credit Card Debt?
Kevin Jenkins brings you the latest update on household debt and the credit report within the United States for the 1st quarter of 2023.
Join us as we delve into the key findings, trends, and implications of the report, and explore why it's crucial for individuals to pay attention to their personal debt levels and credit health.
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Household Debt & Credit Report Q1 2023:
Household Debt and Credit Report - FEDERAL RESERVE BANK of NEW YORK (newyorkfed.org)
household #debt #credit #report #2023
IN THIS ESPISODE, YOU'LL LEARN:
01:54 - Understanding the US Debt Ceiling?
02:34 - History of debt ceiling changes?
03:19 - What happens if the debt ceiling isn't raised?
05:27 - Where is the US National Debt at right now?
06:20 - What will be the result of the debt ceiling negotiations?
Kevin described the upcoming debt ceiling deadline on June 1st & the impacts of how it affects the economy.
He went over the history of the changes with previous debt ceilings, as well as the ramifications of the debt ceiling not being raised.
This episode details the importance of why Americans should be aware of the debt ceiling and how it can impact citizens when it comes to social security, pension payments, & Medicare.
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Resources around Debt Ceiling:
Debt Limit | U.S. Department of the Treasury
When Is the Debt Ceiling Deadline and What Happens if the Limit Isn’t Raised? - WSJ
U.S. National Debt Clock : Real Time (usdebtclock.org)
us #debt #ceiling
IN THIS EPISODE, YOU'LL LEARN:
01:47- April Consumer Price Index (CPI) Report?
02:50 - History of inflation over the past year?
04:50 - Where is core inflation (PCE)?
06:20 - April Producer Price Index (PPI) Report?
08:02 - Interest rate probabilities for 2023-2025?
In this episode, Kevin discussed where inflation & interest rates are at for the month of April in 2023. He explained the economic forecast for Q2, detailing the rise and fall of interest rates over the last year.
We examine the factors influencing these crucial economic indicators, deciphering what they mean for consumers, investors, and businesses alike.
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
inflation #interest #rates #economy #2023
IN THIS EPISODE, YOU’LL LEARN:
02:10 - What is ChatGPT?
07:10- What are the use cases for ChatGPT?
07:30 - How ChatGPT improves customer support?
08:05 - Using ChatGPT to create content?
09:41 - Virtual Teaching Assistants utilizing AI?
11:49 - Developing legal documents with ChatGPT?
12:56 - How ChatGPT enhances creative storytelling?
14:40 - Financial Analysis with ChatGPT?
17:44 - Will AI disrupt many industries?
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
chatgpt #aritificial #intelligence #tech
IN THIS EPISODE, YOU’LL LEARN:
- 02:02 - Lee Bratcher Background
- 04:12 - Introducing Bitcoin to politicians, state regulators, & energy providers?
- 06: 27 - Bitcoin mining impact on job growth & grid reliability?
- 11:40 - How miner’s are compensated when participating in demand response programs?
- 14:45 - Why is Texas becoming a hub for mining, blockchain, & digital asset innovation?
- 20:40 - Understanding the blockchain trilemma?
- 23: 45 - “Don’t mess with Texas Innovation Initiative”
- 29:10 - How to think about energy consumption with Bitcoin?
- 33:30 - What are the concerns around central bank digital currencies (CBDC’s)?
- 39:20 - The future for bitcoin mining?
Sponsors:
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
Lee Bratcher Outlets:
Website: Texas Blockchain Council
Senate Bill 1751: Don't Mess With Texas Innovation — Texas Blockchain Council
Email: lee@texasblockchaincouncil.org
Social Media:
Instagram: txblockchain_
LinkedIn: Lee Bratcher
Twitter: leebratcher3
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
bitcoin #mining #blockchain #digital #innovation
IN THIS EPISODE: YOU’LL LEARN:
07:01- Overcoming the fear of public speaking?
11:10 - Principles of engaging an audience?
23:25 - Strategies around becoming a better speaker?
27:22 - David's journey with entrepreneurship?
34:45 - The art of storytelling?
38:41 - Five Core Communication Skills?
46:40 - Resources & tools for becoming an effective speaker?
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
public #speaking #storytelling #success
IN THIS EPISODE, YOU’LL LEARN:
03:00 - Where is the Federal Funds Rate?
04:45 - Tighter regulation & supervision to prevent future bank issues?
05:45 - Where are interest rates going over the next 3 years?
07:28 - What to expect in the next Fed meeting in May 2023?
09:20 - Short term debt yielding higher than long term debt?
12:23 - Tackling inflation with tightening demand throughout the economy?
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
fed #decision #march #meeting
IN THIS EPISODE, YOU’LL LEARN:
03:30 - What happened to Silicon Valley Bank (SVB) & Signature Bank?
05:00 - The interest rate risk of long term bonds?
07:35 - How SVB was impacted by higher interest rates?
10:24 - Signature Bank being more exposed than SVB?
11:02- Companies that had exposure to SVB?
12:00 - How to protect yourself against a bank failure?
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
svb #signature #bank #collapse
IN THIS EPISODE YOU'LL LEARN
02:03 - Powell's take on higher interest rates in the near term?
03:40 - Higher core inflation?
05:00 - Striving for price stability?
08:25 - Why inflation is a hidden tax?
10:00 - Tighter economy could lead to more unemployment?
13:10 - Rates peaking at 6% by the end of 2023?
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
interest #rates #inflation #insightful #principles
Support the show
IN THIS EPISODE, YOU’LL LEARN:
03:30 - How life insurance protects against economic loss?
04:16 - Different forms of life insurance that help replace income?
08:32 - Using life insurance for debt repayments?
10:05 - The collaboration of an estate & life insurance policy ?
11:45 - Covering financial expenses when loved ones pass away?
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
life #insurance #financial #planning
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IN THIS EPISODE, YOU'LL LEARN:
02:04 - The racial barriers among black entrepreneurs in America
05:10 - Top Industries For Black Owned Businesses
08:20 - States that have the highest rate of black ownership
12:15 - Funding challenges with access to capital
13:27 - Leveraging alternative financing sources & building relationships
17:07 - Focus around business education & mentorship programs
In this episode, Kevin discussed the growth of black owned businesses in today's economy. While highlighting some of the largest black owned companies & exploring the states that have a higher rate of black ownership.
Kevin went over the challenges most black businesses face when it comes to access the capital of starting and growing a successful business. We break down some strategies on how black entrepreneurs can overcome these challenges.
From leveraging alternative financing sources to building relationships with financial institutions and investors, these are some of the topics discussed on the show.
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
black #history #month #entrepreneurship #business
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IN THIS EPISODE, YOU'LL LEARN:
03:05 - Uma Hagenguth entrepreneurship journey
10:20 - Finding alternative solutions through blockchain technology
18:50 - Problems around centralized social media platforms
20:07 - Purpose of creating a decentralized social network
33:00 - Freedom of speech & censorship resistance
38:40 - Scalability of building a social media network
45:45 - Interoperability with utilizing different blockchain technologies
54:45 - Implementing NFT marketplace on social media
In this episode, Uma discussed the purpose of creating a decentralized social media network and what the future around Web 3 & blockchain technology. She also detailed some of the risks with centralized social media platforms and why there needs to be a solution with improving the user experience.
Uma is Co-founder & COO at APPICS, a web3 development company based in Zug, Switzerland and she is Board member at L1-Blockchain Telos.
She’s been fulltime in the blockchain space since 2016 and co-founded her company in 2018. APPICS is most well known for their reward-based social media dApp APPICS which launched on the App Store and Google Playstore last year.
Uma also helps other companies to develop and implement web3 marketing strategies.
She has made it her mission to empower people to build their communities in web3 and lower the barrier for entry for anyone from anywhere in the world to benefit from blockchain technology.
Uma Hagenguth Outlets:
Website: APPICS | Reward-based Social Media
Telegram: Uma_hg
Social Media:
Instagram & Twitter: @appics.official
TikTok: @appics
LinkedIn: Uma Hagenguth
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
blockchain #crypto #web3 #technology
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IN THIS EPISODE, YOU'LL LEARN:
06:17 - Wholesaling, mobile home park, & multifamily investing
11:44 - Balancing entrepreneurship & working 9-5
13:10 - Recognizing good business model's
16:52 - Becoming valuable in a multi-family syndication
20:10 - Identifying market opportunities & current macroeconomic environment
33:18 - Having risk management when investing in real estate
40:13 - Understanding the responsibilities of a general & limited partner's
47:06 - Advice for real estate investors
Eric is the CEO & Founder of Moonlight Equities. Which is a multifamily real estate company based out in the Kansas City, MO area.
Eric Lindsey has over 17 years of Construction experience but currently is focus on workforce housing within the Manufactured homes and Apartments sector of Real Estate.
Moonlight Equities has chosen to pursue improving the quality of life for those needing affordable housing.
Moonlight Equities has discovered that communities that are secure, and clean, produce good people, that produce a better society.
In this video, we explain the importance of financial freedom and building long term wealth through real estate.
Eric shared his journey with managing 111 units under management, including a $200,000 syndication 500+ mobile home park that's based out in Council Bluffs, Iowa.
He also provided his insight on the current market trends & staying active in the real estate industry.
Eric Lindsey Outlets:
Podcast: "The Moonlight Real Estate Side Hustles and Syndications Show"
Moonlight Website: https://moonlightcre.com/
Financial Education: https://ericlindseyml.com/
Social Media:
Instagram: @ericlindseymoonlight
LinkedIn: Eric Lindsey
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
financial #freedom #real #estate #syndications
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Carolina Luna is New York based Photographer and Personal Brand Expert who teaches entrepreneurs how to build authenticity, authority, and credibility online using strategic photos as a positioning tool. In this episode, Carolina shared the importance of being a conscious creator and building a personal brand for sustainable growth.
You can check her out at www.carolinalunaphotography.com
Follow on Instagram: @carolinaluna_brandphotographer
Contact: 631-834-4721
Email: luna@carolinalunaphotography.com
IN THIS EPISODE, YOU'LL LEARN:
10:30-17:00 - Personal brand strategy for entrepreneurs
17:00-21:45 - Questions to ask yourself when building a personal brand
21:45-27:47 - Challenges around building a personal brand in a business
27:47-37:49 - Difference between photography & personal branding photography
37:49-41:38 - Creative process when helping clients
41:38-45:54 - Advice for those wanting to get into photography & branding
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
personal #brand #entreprenuership #value
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IN THIS EPISODE YOU'LL LEARN:
01:45 - The impact of AI & Machine Learning?
05:00 - The value of videography & editing?
08:05 - What is blockchain development?
10:05 - UX & UI Design/App Development?
12:24 - Graphic Design on visually communicating ideas?
13:49 - Developing copywriting skills?
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
profitable #demand #skills #2023
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IN THIS EPISODE, YOU'LL LEARN:
01:33 - Cost of borrowing becoming more expensive?
02:40 - Housing data recap for Dec 2022?
06:13 - Households getting priced out of the market?
11:35 - Homeowner’s equity & mortgage debt comparison?
16:29 - Challenges around costs with homes & rushing the home buying process?
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
housing #market #2023
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IN THIS EPISODE, YOU’LL LEARN:
03:14 - Government spending towards infrastructure, clean energy, & EV’s in 2023?04:32 - EV’s Demand & Supply Factors?
07:09 - Healthcare as a defensive & offensive sector?
08:28 - Advancements among immunology, oncology, & neurology?
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
healthcare #infrastructure #energy #finance
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IN THIS EPISODE, YOU’LL LEARN:
03:18 - The importance of diversification across all asset classes?
04:28 - Bullish case for hard assets (Gold & Silver)?
07:35 - Top countries with the largest gold reserves?
13:10 - Investing in value sectors in the midst of a recession?
16:39- The potential growth of cybersecurity, robotics, & AI?
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
investing #portfolio #2023
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IN THIS EPISODE, YOU'LL LEARN
2:35 - Expectations For The Fed Raising Rates In 2023
5:40 - Global Central Bank's Interest Rate's
7:08 - Higher Inflation Across Other Countries
10:50 - 10 and 2-year Spread Signaling Recession
13:49 - BRICS Nations Working on New Reserve Currency
15:45 - Will Hard Asset's Become Prominent in a Monetary Reset
Sponsors:
Buzzsprout, podcast hosting site:
https://www.buzzsprout.com/?referrer_id=1305358
Ledger, largest crypto hardware wallet:
https://shop.ledger.com/?r=aa519baed9ca
ITrust Capital:
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
global #macro #outlook #2023
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IN THIS EPIDOSE YOU'LL LEARN:
- 1:30 - Contribution changes for 2023
- 2:45 - Maximum limits with after tax dollars
- 5:13 - Simple & Sep IRAs for small business owners
- 8:48 - Traditional & Roth IRA Phase Out
- 11:05 - HSA limits for medical expenses
- 13:10 - Social security benefits for retirees
- 14:45 - Strategies for contributions in 2023
Sponsors:
Buzzsprout, the best way to start a podcast!
https://www.buzzsprout.com/?referrer_id=1305358
Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9ca
Invest in crypto through a tax advantage retirement account with ITrust Capital!
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Calendly: https://calendly.com/insightfulprinciples/60min
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
2023 #contribution #limits #retirement
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IN THIS EPISODE, YOU'LL LEARN
- 1:12 - Where is the yield coming from with crypto exchanges?
- 2:50 - Counter party risks with yield-based services?
- 5:00 - Risks with exchanges creating their own tokens?
- 8:10 - The difference between centralized & decentralized exchanges?
- 9:10 - What are the productive assets backing the yields?
- 10:00 - Chasing the yield leads to more speculative behavior among exchanges?
- 13:00 - How do identify a Ponzi Scheme with crypto exchanges?
Resources:
Crypto Ponzi Schemes: How to Identify and Protect Yourself From These Scams (coindesk.com)
‘Proof of Reserves’ Emerges as a Favored Way to Prevent Another FTX (coindesk.com)
Sponsors:
Buzzsprout, the best way to start a podcast!
https://www.buzzsprout.com/?referrer_id=1305358
Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9ca
Invest in crypto through a tax advantage retirement account with ITrust Capital!
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & Tik Tok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
yield #farming #risks #crypto
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IN THIS EPISODE, YOU'LL LEARN:
2:16- Sentiment around crypto since the FTX collapse?
4:51- Importance of decentralization?
11:05- How important is self-custody?
20:22- What makes a project valuable when evaluating an NFT?
27:19- What are Decentralized Autonomous Organizations (DAO)?
41:34- Will regulation lead people to using an CBDC's?
50:31- Outlook for 2023
This episode featured Rosco No E and we touch on the current state of the crypto market. As well some of the recent developments with FTX and how it is impacting the entire industry.
Kevin & Rosco explain how the recent collapses & fall outs throughout the crypto market has showed why decentralization is important. They also highlighted the potential NFT's & the Metaverse can have within the real world. Rosco & Kevin also touched on what they expect for 2023 and how to stay prepared in a downward market.
Sponsors:
Buzzsprout, the best way to start a podcast!
https://www.buzzsprout.com/?referrer_id=1305358
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IN THIS EPISODE, YOU'LL LEARN:
5:49- How did FTX collapse?
10:58- First principles with Bitcoin?
17:22- The difference between Bitcoin & crypto?
19:08- How the reach for yield creates an unsustainable monetary policy?
33:14- Sam-Bankman Fried connections with regulators?
42:00- Binance, Coinbase, & Kraken doing proof of reserves?
47:06- Crypto exchanges parallels to fractional reserve banking?
52:40- What will happen to the crypto industry after FTX?
1:00:11-Bitcoin is a commodity, crypto tokens are securities?
Alex Cole was featured on this episode to break down the recent bankruptcy of FTX. The crypto contagion continues.
So far this year we have seen the debacle of the Terra-Luna ecosystem, as well as bankruptcies among Celsius, Voyager, and now FTX.
Solvency is being tested with many of these centralized crypto exchanges.
The recent collapse of FTX has shown there was an obvious mismanagement of funds and didn't resemble any protocols around risk management.
It also highlights the counter-party risk among crypto exchanges and why the motto is always "don't trust but verify".
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IN THIS EPISODE, YOU'LL LEARN:
2:00-Axel background coming from Europe to the U.S
7:40- Purpose of creating an investing app?
11:19- Top 5 reasons why American's haven't invested in stock market?
17:28- How "Wizest" works?
23:49-Different investment strategies on "Wizest" platform
31:45-The process of building an FinTech company?
45:00- Learning more about "Wizest" & connecting with Axel
Axel Thibon is the founder & CEO of "Wizest". Axel started "Wizest" by bringing together the co-founding team around a clear vision and mission: building a solution that makes investing more approachable, collaborative and transparent.
After an early career in France and Spain as an industrial engineer working mainly in the automotive industry, Axel came to the US to get his MBA from MIT.
He then started his finance journey, serving as the head of strategy and transformation for two banks.
Where he led in areas such as strategic and commercial planning, as well as product development and marketing.
During this time, he managed an online bank, VirtualBank, and, before starting "Wizest", launched another online bank from scratch, known as TotalDirectBank.
In today's conversation, Kevin and Axel touch on the importance of planning for the long term and the necessity of having a team of advisors around you to make smart decisions in the market.
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IN THIS EPISODE, YOU'LL LEARN:
2:27-The U.S Dollar function as a global reserve currency?
2:41-The Bretton Woods Agreement of 1944?
3:08- The impact of the dollar being off a gold standard?
5:01- Dollar market size amongst global currencies?
6:06- Challenges to the U.S Dollar's Global Role?
Kevin explained the U.S Dollar Dominance compared to most global currencies. The U.S Dollar has developed a reputation of being a global reserve currency.
Many countries rely on it for global trade & settling financial transactions.
Kevin discuss how most foreign exchange reserves are held in dollars with central banks around the world.
The U.S Dollar is also issued as debt where many countries have to pay back those debts in dollars.
How long can the dollar remain as a global reserve currency? Could China be the next powerhouse?
How will the BRIC'S Nations compete with the dollar within the future? All of this and more was explained throughout today's episode.
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IN THIS EPISODE, YOU'LL LEARN
2:15-US Dollar Strength Compared To Other Currencies
3:09-How a stronger dollar creates inflation abroad?
4:00-Interest Rate Hikes Impacting Sovereign Debt?
6:55-US Dollar As a Global Reserve Currency?
7:55-Commodity Inflation Leading to Higher Cost of Living
8:55- Will the strength of the dollar continue?
Kevin detailed how a strong US dollar impacts the world. The dollar is experiencing 20-year high's due to aggressive monetary policies compared to international countries.
Throughout 2022, the euro fell below the dollar for the first time since 2022, the Japanese Yen is seeing 24-year low's & have been doing yield curve control.
Where they will sell dollar's and buy yen. The British pound fell below the dollar for the first time since 1985.
Kevin describes some of the challenges of a strong dollar and how it makes imports more expensive for American goods. As the currency here continues to increase, other countries will see price differences with commodities.
Such as wheat, metals or even oil. Will the dollar strength continue to last? What does it mean for investors? As always don't forget to rate this podcast, leave a review, & share with family and friends.
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IN THIS EPISODE, YOU'LL LEARN
4:18-Deepa journey with real estate investing
10:08-What is syndication with real estate?
12:47- Understanding the responsibilities of a limited & general partner?
16:17- The value of self-education & finding an investment vehicle?
27:25- Risk & due diligence when finding a syndicated deal?
47:30- Offsetting passive income against passive losses
DISCLAIMER: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision.
The information we provide, please do your own research and become aware of the risks when making an informed financial decision.
You must understand your own risk tolerance and be comfortable with making a specific investment decision.
Deepa shared her years of experience as a multifamily syndicator based in the Seattle WA area. She owns over 2300 apartment units as a limited and general partner. Deepa shared her process on how she was able to get started in real estate as a passive investor and why syndication can be a great strategy to finding an investment vehicle.
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IN THIS EPISODE, YOU'LL LEARN
2:55-What are the three types of inflation?
4:08- Milton Friedman idea's around monetary inflation?
6:00- Germany Hyperinflation in 1923?
10:03- Effects of money printing in 2009 & 2020 with the U.S?
11:06- What has led to inflation today in 2022?
Kevin described how inflation is a rise in prices with goods and services, as well as asset prices with stocks, bonds, crypto, real estate etc.
Often times inflation could be the result of expansion with the money supply. This podcast explains the relationship between the U.S money supply and how it effects inflation.
Milton Friedman once said, "inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in the output".
Kevin detailed this concept throughout this episode and pulled historical examples of when money printing led to more inflation in the economy. Please rate, leave a review, and share!
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IN THIS EPISODE, YOU’LL LEARN2:26-Will there be a Global Recession in 2023?
3:11-Trouble with U.K pension funds
11:58-U.S Deficit since 2001
12:50-What is the Total Debt to GDP?
14:17-Will the Debt Spiral Continue?
15:15-How much National Debt does the U.S have?
19:00-The importance of hard assets
Kevin talked on Stanley Druckenmiller recent interview on CNBC regarding a possible global recession in 2023.
Some of the themes were how the interest expense on the debt is becoming increasingly high. Druckenmiller highlighted how the expense will eat up healthcare spending by 2027, discretionary spending by 2047, & social security by 2049.
Kevin also detailed some graphs around the U.S deficit, the total debt to GDP, & the overall debt spiral. Please rate, leave a review, & share.
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IN THIS EPISODE, YOU’LL LEARN:
2:25-What is Fractional Reserve Banking?
3:03-How much does a bank keep in reserves & lend?
3:36- How the Federal Reserve impacts economic activity
6:26-Challenges with fractional reserve system
Kevin discussed the system of fractional reserve banking. He also detailed how reserve requirements work in the banking world and how it’s a monetary tool the Federal Reserve will use.
Kevin explained what reserve requirements are and how all banks have a certain percentage of reserves that have to keep on hand.
As well as how lending and credit is utilize to create more funds for the economy.
He explain the challenges of this system and why it’s an accepted practice amongst most banks throughout the world.
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IN THIS EPISODE, YOU'LL LEARN:
00:00-03:45 Risk Management Strategies?
03:45-07:28 Risk & Return?
07:28-11:37 What is the Relative Strength Index (RSI)?
11:37-13:24 Utilizing Support & Resistance
13:24-19:18 Identifying patterns, trends, & momentum within market
Kevin described some common risk management strategies you can use within your portfolio. Risk management is an important component to managing capital & losses within the market. It comes down to minimizing losses and & taking the small wins.
Warren Buffet once said Rule #1 is never lose money, rule #2 is don't forget rule #1. We understand that losses come with investing but the best investors are the ones that know to manage their capital & risk of loss.
Kevin detailed indicator's such as the Relative Strength Index (RSI) and the MACD to highlight how to identify trends and patterns throughout the market.
Proper risk management set's you up for further opportunities in the market, the question you should ask yourself is how are your preparing for the next opportunity? Please rate, leave a review & share.
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IN THIS EPISODE, YOU'LL LEARN:
00:00-03:43 What is the Fiat Standard
03:43-06:48 The Monetization of Debt
06:48-07:17 How Bitcoin Fixes the Fiat System
07:17-10:04 How Sophisticated The Dollar System Is
10:04-17:02 Event's In History That Led To The Fiat Standard
This episode breaks down Saifedean Ammous book "The Fiat Standard". It examines the operation and creation of the fiat monetary system.
Kevin explains how the author made many references compared to the Bitcoin Network. Like "Fiat Mining" and "Fiat Protocol".
Saifedean does a great job explaining some of the use cases for Fiat & how Bitcoin can co-exist in a credit based society. Kevin provides a list of event's that led to the dollar being taking off the gold standard in 1971.
He also highlights why a fiat system promotes the monetization of debt & why savings is not encourage throughout the U.S.
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IN THIS EPISODE, YOU'LL LEARN:
- 3:30-The impact of Terra Luna on the crypto market?
- 10:33-Overleverage with Three Arrows Capital?
- 16:33-Insolvency with centralized exchanges?
- 18:40 Reasons for self-custody in crypto?
- 24:37- Will Voyager & Celsius pay back their creditor's?
- 28:45- The value of the Bitcoin Network?
- 36:49 Increase in global energy prices impacting Bitcoin Mining?
- 1:06:40 Proof of Work vs. Proof of Stake?
This episode featured Alex Cole. Kevin & Alex talked on the future of Bitcoin and why recent event's highlight the importance of decentralization.
The various different insolvency cases with Terra-Luna, Three Arrows Capital, Voyager, & Celsius showed some of the challenges with overleverage & participating in risky protocols. These events this year also state the risks with centralization & why Bitcoin has more validation than any other crypto asset.
Kevin & Alex also gave their thoughts on the upcoming merge with Ethereum on September 14th, 2022. Please rate, leave a review, & share!
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IN THIS EPISODE, YOU'LL LEARN:
- 1:25-Contribution types impacting your retirement picture?
- 3:37-Tax implications for pre-tax accounts?
- 6:37-The value of roth contributions?
- 9:15- Diversifying with pre-tax & roth contributions
- 11:25-After-Tax Earnings & Contributions
- 13:12-Looking at your tax bracket to determine contributions
Kevin explained the 3 different ways you can contribute into an 401k plan. Those are pre-tax, after-tax, & roth.
Identifying how you contribute into your 401k plan will ultimately determine how your 401k will be taxed in retirement.
What is the tax bracket you're currently in now? What tax bracket will you be in during retirement? How are you contributing into your 401k now? What are you financial goals for retirement? These are some questions to help guide you on your contribution choices. Please rate, leave a review, and share this podcast.
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IN THIS EPISODE, YOU’LL LEARN
- 1:41- Student Loan Forgiveness Program Guidelines
- 2:15- What to do if you have private loans?
- 2:48- Eligibility and options available if the relief program doesn’t apply to you?
- 3:40- Extension of pause for the repayment of federal loans?
- 4:07- Cutting monthly payments in half for undergraduate loans?
- 4:30- Changes to the Public Self Loan Forgiveness Program?
- 6:25- Increasing the amount of Pell Grant Recipients?
- 8:35- Obtaining a degree that will give you an ROI?
- 11:13- The responsibility is on us, not the government?
Kevin explained Biden's plan for the Student Loan Forgiveness Program. He went over the guidelines for the program and eligibility process to receive some debt relief on your students loans.
Kevin provided options for those that have private loans and are in a high income household that may need be able to get this relief.
There is a three step plan that will be designed to help low income and middle income families pay back their loans.
Overall, Kevin expressed his opinion on the student loan bubble and some solutions to help bring the debt down over time.
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IN THIS EPISODE, YOU'LL LEARN
- 1:18 - 3 Personal Finance Book's That Will Change Your Thinking
- 2:15 - Defining being wealthy vs. being rich
- 2:50 - Using the brain to make smarter financial decisions
- 04:58 - Reducing your exposure to losses in your portfolio
- 09:36 - The difference between getting money vs. keeping money
- 13:01 - The value of paying yourself first.
In this episode Kevin broke down three books that have fundamentally change the trajectory of his life. The books highlighted were The Geometry of Wealth by Brain Portnoy, The Psychology of Money by Morgan Housel, & Millionaire Next Door by Thomas J. Stanley. Please rate, leave a review, & share.
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IN THIS EPISODE, YOU'LL LEARN:
- 2:03- What is an Roth IRA & Why is it valuable to you?
- 2:49- Requirements for qualified withdrawals
- 3:48- Buy and hold strategy
- 6:58- Index fund's that mirror the total stock market
- 10:22- Importance of diversification
Kevin explain some strategies around investing in an Roth IRA for beginner's and how it may be beneficial for you. He also explain the tax advantages of investing in an Roth compared to other retirement accounts. As well as some index funds that will start your journey today when investing in an Roth IRA. Please rate, leave a review, and share!
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Chapter Titles:
00:00-00:55 What's the pulse on the market?
00:55-02:15 July CPI Reports
02:15-04:17 Where is inflation & where it isn't?
04:17-5:09 Producer prices decreasing
05:09-06:11 Alternative inflation charts
06:11-8:00 Reduced Rate Hikes
8:00-12:56 Treasury Yield Spreads that signal recessions?
12:56-17:30 What does the Fed Funds & Policy Rate mean for investors?
What is the current inflation reports for July 2022? Are consumer & producer prices starting to slow down? Are we in a recession or moving towards one?
How will the Fed respond to the most recent Consumer Price Index (CPI) & Producer Price Index (PPI) reports. What's going on with the inversions on the treasury yield spreads?
Kevin touched on all of these areas and described how this is impacting the U.S on a macroeconomic scale. He explained some of the notable increases within the CPI, which was food at home, gas, transportation, airfares, & household energy.
He also went over the expected rate hikes for the remainder of the year and if a pivot is on the table for the Federal Reserve in the fall of 2022.
Lastly, Kevin reviewed the inversions with the 10- and 2-year Treasury Yields. As well as the 10-year treasury and the 3 month note. He provided some context on what the Fed Funds Rate & the policy rate means for investors and why it's an important indicator to pay attention to.
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00:00-01:18 iTrust Capital (Opening Crypto IRA)
01:18-02:13 How to balance emotions when investing?
02:13-05:33 Women Being Better Traders Compared To Men
05:33-06:52 Buzzsprout (Starting A Podcast)
06:52-09:21 Make Fewer Decisions
09:21-10:07 Stick To Financial Plan
10:07-10:57 Document Your Research Process
10:57-12:00 Ledger (Crypto Hardware Wallet)
12:00-13:02 Understanding expectations
13:02-14:16 Fail Fast & Often
In this episode, Kevin detailed how to balance emotions when investing. Often times the market can cause us all to make irrational decisions and become more reactive to the fluctuation's day to day.
The best thing any investor can do is stay calm, patient, & discipline.
Kevin highlighted how women tend to be better traders than men because they are more cautious, and they tend to utilize different strategies with their investing approach. Like having bigger stop losses and holding their shares of companies longer.
He also explained some tips on removing emotions when investing. Like making fewer decisions, sticking to a financial plan, documenting your research process, and failing often by learning from your mistakes.
These strategies can be helpful when dealing with volatile and uncertain markets in today's
economy. Please rate, leave a review, and share this podcast!
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Chapter Titles:
00:00-01:18 iTrust Capital (Open A Crypto IRA)
01:18-04:45 How To Win Friends & Influence People- Dale Carnegie
04:45-06:04 Buzzsprout (Start a Podcast)
06:04-06:43 Summary of Dale Carnegie Book
06:43-08:45 Quirky (Genius of Breakthrough Innovators Who Changed The World)- Melissa A. Schilling
08:45-09:50 Ledger (Safely Secure Your Crypto Assets)
09:50-11:40 Summary of Quirky
11:40-14:25 Cashflow Quadrant- Robert Kiyosaki
In this podcast, Kevin detailed 3 books every entrepreneur should read. How to Win Friends & Influence People by Dale Carnegie shows how to interact with people in business.
Entrepreneurship is a people business and if you can learn how to deal with people's emotions and their behavior's, you will be able to tailor your product or service around the best interest of your client.
The next book mentioned was Quirky by Melissa A. Schilling. This one explains the remarkable story of the traits, foibles, and genius of breakthrough innovators who changed the world.
The stories highlighted were Elon Musk, Nikola Tesla, Steve Jobs, Albert Einstein, Benjamin Franklin, Marie Curie, Thomas Edison, & Dean Kamen.
The third book and a notable favorite is the Cash Flow Quadrant by Robert Kiyosaki. The concept of the book is 4 different ways to produce income.
Those are an employee, self-employed, business owner, & investor. A majority of the population are employee's & self-employed, they have no leverage.
They exchange their time for money. The business owners & investors have leverage. They have a system in place and their money works for them. These books are helpful for setting the foundation when it comes to your entrepreneurial journey!
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Chapter Titles:
00:00-02:13 Intro
02:13-03:11 What are the different phases of an economic cycle?
03:11-03:41 Expansionary Period
03:41-04:26 Peak Period
04:26-06:57 Recessionary Period
06:57- 07:25 Depression Period
07:25-08:06 Trough (Lowest Point In Cycle)
08:06- 11:21 Recovery Stage
11:21-12:57 Are we in a contracting cycle?
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Chapter Titles:
00:00-00:27 Intro
00:27-01:45 iTrust Capital Sponsorship
01:45-02:28 Developing An Investment Strategy
02:28-03:38 What is Your Financial Profile?
03:38-04:18 Decide on Your Targeted Asset Allocation?
04:18-06:25 What is Your Desire Investment Mix?
06:25-07:45 Buzzsprout Sponsorship
07:45-10:54 Historical Returns of Asset Mixes
10:54-11:42 Choose Investment Selections
11:42-12:46 Ledger Sponsorship
12:46-14:55 Index Fund Investing
14:55-15:57 Closing
When developing an investment strategy. There really 4 critical components. The first is understanding your financial profile. When would you like to retire?
What investment risk are you willing to take? How long do you plan to invest into the market until you'll need access to the funds?
Who else is in your retirement picture? What are some financial goals or needs you're planning around currently? Ask yourself these questions before building out your investing strategy.
The next step is deciding on your targeted asset allocation. Do you want to invest 80% of your portfolio in stocks and 20% in bonds?
Are you more conservative and want to place more bonds in your portfolio than stocks?
Are you wanting some crypto exposure and would like to allocate a portion of your portfolio into that asset class? Have a target and stick to it.
The 3rd step is understanding what investment mix fits you.
For someone that's much younger, they may have more risk in their portfolio because they have time in the market for it to recover over time.
An investor that's close to retirement, may need less risk and prefer investments that are more stable.
Your investment mix is going to be predicated on your time horizon and how soon you will need access to your investments down the line.
The last step is choosing you investment selections. Index & mutual funds are a great way to get started. Focus on investing in different sectors, indexes, & international markets that will grow over the long term.
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Chapter Titles:
00:00-02:04 Intro
02:04-04:50 June CPI Report
04:50-05:31 Inflation is a lagging indicator
05:31-06:22 Analyzing leading & lagging indicator's
06:22-09:29 What is Stagflation?
09:29-11:17 100 Basis Point Rate Hike?
11:17-12:50 Euro falling below the Dollar
12:50-13:20 Will Europe go into a recession before the U.S?
13:20-14:08 Global Inflation Rates
14:08-18:30 University of Michigan Consumer Sentiment Survey
18:30-19:46 Reduction in Consumer Spending
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Kevin highlighted the June 2022 CPI Report which was released July 13th, 2022. Some of the notable increase that led to a 9.1% print was food, gas, and shelter. Food at home was reported at 12.2%, Gasoline at 59.9%, & Shelter at 5.6%.
Some of the declines in CPI was poultry, meats, eggs, and airline fares. Is Stagflation a possibility throughout the year? So far inflation has ranged from 7.5-9.1% since the beginning of 2022. What will be the Fed reaction in the next meeting on July 28th?
Kevin expressed how a 100-basis point rate hike is on the table and the importance of the decision that will need to be made to bring down inflation.
How has inflation affected other countries around the world? Kevin went over the global inflation rates and how a recession will most likely impact a country internationally before the U.S.
The Consumer Sentiment Survey from the University of Michigan was discussed and how it identifies consumer expectations within the economy. Please rate, leave a review, and share this podcast.
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Sponsors:
Buzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet!https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850This episode featured Tevin Lake. Father, Sports Performance Trainer, & Former College Athlete discussed his journey to entrepreneurship after participating in the NFL Combine.
Tevin has had many years of experience in the sports performance and physical therapy field. He highlighted how those experiences led to creating T2 Sports Performance.
T2 is a sport performance training facility based out in South Bend, IN area. Tevin explained how he got started and why he enjoys training people within his community.
He went over the startup capital required to start a sports training business. As well as the process of building clients over time.
Tevin shared when he got started, "it wasn't about the money but rather getting the exposure around his brand".
Also in this episode, Tevin talked on the patience required to be an entrepreneur. As well as the importance of rest, budgeting and time management when it comes to sustaining a business over time.
Tevin Lake Outlets:
Website: T2 Sports Performance || We Build Champions.
Instagram: @tlake10
Twitter: @TLake10
Tik Tok: @tlake1022
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DISLCAIMER: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision.
The information I give you, please do your own research and become aware of the risks when making an informed financial decision.
You must understand your own risk tolerance and be comfortable with making a specific investment decision.
Sponsors:
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https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet!https://shop.ledger.com/?r=aa519baed9caInvest in crypto through a tax advantage retirement account with ITrust Capital!https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850Kevin talked about the history of bear and bull markets. While breaking down the different recessions the world has faced in the past and the recoveries that came after. Throughout history we have had 26 bear markets since 1928. 15 led to recessions and 11 did not lead to a recession.
Some of the more severe recessions were the Great Depression & the Great Recession. Where the depression led to unemployment reached 24.9% in 1933. Then with the great recession we had the housing mortgage crisis. Which led to a global credit crisis with the use of bad underwriting practices.
Kevin broke down the S&P 500 Bear Market's & Recoveries from 1956-2020. Which shows the length of bear market in months, S&P decline percentages, & the length of the recovery in months.
Lastly, Kevin explained the historical bear and bull trends from an Invesco chart. Which shows the average bull and bear markets returns over a period from 1956-2018. Show email & contact info:
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bull #bear #markets #insightful #principles
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Hodl Hodl Security Guide
Trading security guide. We are extremely concerned about your… | by Hodl Hodl | Hodl Hodl | MediumNon-KYC Bitcoin: Hodl Hodl - a multisig P2P Bitcoin trading platformSparrow Wallet:Sparrow Bitcoin Wallet - Sparrow WalletThroughout this podcast, Kevin discussed the different aspects when protecting the privacy and security of your Bitcoin.
Those are buying Bitcoin privately, securing it properly, & coin management with labeling transactions.
When it comes to the privacy of your Bitcoin. You have the option of purchasing it using a Non-KYC or KYC platform.
The difference is when you use a centralized platform, they will have a KYC procedure. Where they ask for a lot of your personal information to open up an account.
Whereas with a Non-KYC procedure, you don’t have to provide any of that, and it allows you to protect your identity and privacy.
Kevin talked on the pros and cons between the two methods and the risks involved when considering either option.
He also explained the different cold storage methods on securing Bitcoin offline. Whether that’s through a hardware or software wallet.
Both options provide the flexibility of securing your assets and utilizing a multi-sig wallet. Where 2-3 people can sign a signature before any funds are released.
The freedom of using a software wallet is the ability to run your own node. Whenever you’re not running your own node, typically you are using someone else’s.
When that happens, you are giving up your privacy to a certain extent. Running a node allows you to validate and label your transactions.
Which allows you to take your security and privacy to another level. Learning about Bitcoin privacy is key to understanding the benefits of a network that’s truly censorship resistant and self-sovereign.
Show email & contact info:
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Kevin highlighted the reasons for Bitcoin self-custody and why it’s important to secure your own keys. As the old adage goes “not your keys, not your coins”. He explained the properties of Bitcoin.
Which is a network that is the most secured and decentralized when comparing it to other crypto assets. Privacy is also the value of self-custody because you can remove your Bitcoin off a centralized exchange.
Centralized exchanges such as Coinbase, Voyager, Celsius, or even Binance have control over your money, privacy, and ultimately the purpose of decentralization.
The argument can be made that in some aspects centralization will help bring more investors into this space and not everyone will want to have control over their private keys.
However, understanding the purpose of permissionless and borderless money is important when it comes to storing your Bitcoin on a hardware wallet.
Kevin explained the recent withdrawal halts from Celsius and why this presents a case for self-custody.
He also highlighted how FTX is providing credit facilities to BlockFi and Voyager Digital due to the liquidity crunch most of these exchanges have experienced due to macroeconomic conditions.
Will we see a contagion of the Celsius freezes happen among other centralized crypto exchanges? Who knows, one thing I do know is securing your private keys is essential when learning about self-custody throughout the crypto industry.
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Chapter Titles:
00:00-01:50 Intro
01:50-05:43 History of the racial wealth gap
05:43-08:30 What has created the racial wealth gap differences?
08:30-16:35 Dynamics of the racial wealth convergence 1870-2020
16:35-18:45 Steps to closing the wealth gap
18:45-24:41 Portfolio composition & future of the racial wealth gap
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Kevin described the research paper "Wealth of Two Nations, The U.S Racial Wealth Gap from 1860-2020". He explained the racial wealth divide, as well as the comparison between black and white households.
Kevin explained the driving factors and the economic barriers surrounding the black community in the early 20th century. The racial wealth divide begins to decline significantly after the Emancipation Era. However, at the start of the 1930, the wealth gap became stagnant. Over the last 70 years, the wealth gap is around 6 to 1.
Which means the average white households has six times the wealth compared to black households. Some of this is in result of the Jim Crow Era, inequality with financial institutions, and the violet destruction of black neighborhoods.
Savings and capital gains were the two main characteristics among the wealth convergence. Lower savings and capital gains for blacks over time reflect their lower average income and wealth levels compared to whites.
Kevin went over various charts in the research paper that explained the dynamics of the racial wealth convergence, portfolio composition, and the future evolution of the future wealth gap.
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Table of contents:
00:01-00:52 Intro
00:52-03:11 Mission & Purpose of starting podcast
03:11-05:00 History of Juneteenth
05:00-08:05 Wealth of Two Nations
08:05-09:32 Circulation of money in the black community
09:32-12:26 Solutions for closing the racial wealth gap
12:26-13:51- Financial Education, Equality, & Freedom
This podcast details the meaning of Juneteenth that took place on June 19th. It's a moment in history to recognized slaves became free in 1865.
Specifically in 1865, is when the 13th amendment was created that abolished slavery in all of America.
Kevin expressed the importance financial literacy and education. Why it provides freedom for us to change our life and our family lives.
He talked on some of problems that still remain with the racial wealth gap and the solutions to help closed the gap.
Kevin explained why the circulation of money needs to remain longer compared to other communities and why it helps with economic stability.
He also went over the buying power blacks have is over $1.6 trillion.
Buying black, investing in black businesses & entrepreneurs, as well as banking bank were all themes that could help blacks obtain more economic growth throughout our communities and build generational wealth over time.
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Table of contents:
00:00-00:25 Intro
00:25-02:25 Fed Meeting Expectations
02:25-03:24 Will the Fed raise rates by 75 basis points?
03:24-04:01 How rate hikes impact consumers?
04:01-05:09 Fed Funds Rate Target
05:09-07:56 Will interest rate hikes lead to a recession?
07:56-08:15 Closing
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What will be the Fed reaction to getting inflation under of control? Will it lead us into a further economic downturn? Will they raise rates .75 basis points? These questions were discovered throughout this video.
Kevin detailed his expectation on what we will see for the Fed meeting and how it will impact the markets and consumers in general. He went over how the rate hikes will impact both the Fed Funds & the prime rate. Which are rates that impacts both banks and clients that are looking to take out a loan.
He also talked on the challenges of a soft landing and the importance of raising rates for the rest of the year to control inflation. Even when inflation has peaked, there still are many supply chain constraints along with the Fed balance sheet that remains as current issues that can alter the markets for the rest of the year.
Disclaimer: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. Do your own research and become aware of the risks when making an informed financial decision. No suggestion is an offer to buy or sale an investment.
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Table of contents:
00:00-02:18 Intro
02:18-05:37 CPI May 2022
05:37-07:36 What will be the Fed response?
07:36-11:06 Consumer Confidence Index
11:06-11:48 Fed Meeting & PPI Release
Kevin detailed the various categories that led to a higher inflation print for May 2022. He went over how food, housing, & gas were the 3 highest areas in the CPI. Record levels of gasoline have led to $5 a gallon across America.
Food increases around fish, poultry, meat, & eggs led to a 10.1% year of year. Gasoline was at record levels of 48.7% year over year. Lastly, shelter rose to 5.5%. Kevin highlighted the sentiment of the Consumer Confidence Index and how it relates to when consumption goes down in the economy.
The Producer Price Index will be out June 14th & Fed Meeting will happen June 15th, 2022. This is worth paying attention to and seeing where the economy will go from here. What will be the Fed response to tackling inflation? Will the Fed continue to raise rates into 2023? All of these questions were answered throughout this podcast. Rate, leave a review, & share.
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Chapter Titles
00:00-02:50 Intro | Where is the economy going?
02:50-04:58 Real GDP Decline
04:58-06:40 Unemployment Rate
06:40-08:23 Tech Companies Hiring Freezes
08:23-16:10 Consumer Price Index (Inflation)
16:10-17:20 Inflation is much higher than reported numbers
17:20-19:27 Producer Price Index (PPI)
19:27-23:00 Purchasing Manager's Index (PMI)
23:00- 25:33 Fed Interest Rate Hikes
25:33-27:46 Closing | Preparing for the Future Economy
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Kevin described the current state of the economy in 2022. He explained some key indicators to pay attention to throughout 2022.
The Real GDP numbers were discussed and the decline with economic activity in the US. What does this mean for economic activity if we go into another consecutive quarter of a decline with real GDP? Will this possible lead us into a recession?
Kevin expressed how inflation is much higher than what has been reported and he provided his insight on what he expects with the next inflation report coming on June 10th, 2022.
He also discusses the Producer Price Index and how it represents the changes in prices we see throughout the economy.
Lastly, he goes over one important indicator that can be utilized to understanding if manufacturing in the economy is expanding or contracting. Understanding these important economic indicators can provide profitable foresight on the developing trends happening in the overall economy.
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Chapter Titles:
00:00-01:07- Are we moving towards a recession?
01:07-04:11 Live below your means
04:11-05:17 Have multiple streams of income
05:17-06:39 Build 3-6 months of an emergency fund
06:39-08:32 Evaluate high interest debt
08:32-09:14 Utilize government programs with paying back student loans
09:14-11:36 Stay invested long term
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In this podcast, Kevin described the importance of preparing for an economic downturn. Kevin explained why keeping your expenses low and living within your means can pay dividends when times get tough.
He went over why everyone needs to have more than one stream of income to prepare of possible job loss or a reduction in income.
That way you are not relying on one stream of income, but you have other assets working for you if one goes away.
Other topics discussed was assessing your finances and monitoring bad debt that has high interest. As well as tips to paying back student loans.
Lastly, the purpose of this video is to give you all perspective on looking at recessions as opportunities and the value of staying invested long term.
Show email & contact info:
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Disclaimer: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision.
Do your own research and become aware of the risks when making an informed financial decision.
No suggestion is an offer to buy or sale an investment.
These views are based on my own and the guest. You must understand your own risk tolerance and be comfortable with making a specific investment decision.
Table of Contents:
00:00-01:19 Intro
01:19-02:30 James Lavish Background
02:30-10:18 Professional Hockey Player To Hedge Fund Manager
10:18-14:47 Differences between wall street & bitcoin community
14:47-25:28 School system doesn't teach financial literacy
25:28-35:30 Discovering Bitcoin
35:30-38:21 Inflationary vs. Deflationary Economy
38:21-48:55 Bitcoin & Time Preference
48:55-1:00:58 Bitcoin as a global reserve currency
1:00:58-1:07:17 Market volatility with different asset classes
01:07:17-1:10:20 Closing
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James Lavish shared his perspective on transitioning from the institutional world to focusing on the Bitcoin network.
He has over 25 years of institutional investing and risk management experience.
James recently was the Chief Operating Officer of Alternative Investments at LKCM, a $26 billion asset management firm in Forth Worth Texas.
Prior to joining LKCM, Mr. Lavish was the co-founder and a managing partner of Ranger Arbitrage, Head Arbitrage Trader and Officer of the Compliance Committee for Carlson Capital.
Throughout this conversation, James highlighted his journey from being drafted in the NHL to becoming an hedge fund manager.
He talked on the differences between Wall Street and interacting with people in the Bitcoin community. As well as how he discovered Bitcoin and became an educator in this space.
James Lavish Outlets:
Twitter: @jameslavish
Informationist Newsletter: https://jameslavish.substack.com/subscribe
https://lookingglasseducation.com/author/jameslavish/
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Chapter titles:
00:00-00:59 Intro
00:59-02:17 Money & Your Mindset
02:17-03:26 Instant vs. Delayed Gratification
03:26-04:56 Marshmallow Experiment
04:56-07:37 What is Time Preference?
07:37-09:57 The Importance of Lower Time Preference
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Kevin describes the difference between instant & delayed gratification. As well as the importance of having long term thinking and not becoming a consumer within society. Focusing on the more rewarding long term gain is important compared to the immediate gain you can get today.
He goes over the popular marshmallow experiment conducted by Walter Mischel which detailed how students reacted to instant and delayed gratification.
Kevin also explained the concept behind time preference and how it plays a vital role with our decision making everyday.
Each financial choice we make everyday either lower's or increases our time preference. When an individual is able to lower their time preference, they have a better quality of life because they are not worrying about money.
They have accumulated capital over a long period of time and they now can focus on other areas in their life that gives them a higher purpose.
When individuals higher their time preference, they don't have the luxury of doing other things that give them meaning. Nor can they be more productive.
They continue to stay on the hamster wheel. This video is all about your mindset and understanding that your decisions everyday ultimately impact your finances in a positive or a negative way.
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Special guest Tim Williams shared his experiences both working and building a business in the trucking industry. He explained how he got started and some of the challenges he went through to build a successful trucking company. Tim mentions how you can easily make 6-figures in the trucking industry but you can just as easily lose money as well.
Doing the research, developing the connections, building your capital and credit was some points Tim highlighted for those that have an interest on getting into the industry. He broke down the different ways you can invest into your first truck, wether that's a semi, flatbed, or an hotshot. There are many different ways to get into this space and evaluating the pros and cons of each is vitally important.
Tim expressed how to effectively find drivers and prepare for maintenance cost when building a trucking business. We also dive into the importance of entrepreneurship and how it differs to an employee from a taxing perspective. Continue to rate, leave a review, & subscribe.
Tim Outlets:
Youtube: Timothy Williams Jr
Instagram: @timothywilliamsjr0
Trucking Insurance Agents mentioned:
Agnes/Email: Agnes@fortis-ins.com
Gianni/Email: Gianni@fortis-ins.com
Phone Number: 949-629-3077
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How does inflation and money printing create wealth inequality in the economy?
What is the Cantillion effect? Why do we have a wealth gap and what are some solutions to solving the problem. All of these questions were answer throughout this episode.
Kevin explained the expansion of the Federal Reserve balance sheet from 2020-2022 and how the economy is feeling the after effects with inflation because of the money that was printed. He touch on how the goal was to increase economic activity but now we have move more into a tightening environment where there is an increase with interest rates.
With a high interest rate environment, Kevin described how this has led to more volatility amongst different asset classes. The Cantillion effect was another concept mentioned to explain why inflation and money printing helps the people that are more wealthy and hinders the people that don't have as many resources. In result, Kevin express why the Fed needs to have a cap on their money supply and create a more inclusive monetary system that provides equality for everyone.
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Disclaimer: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. Do your own research and become aware of the risks when making an informed financial decision. No suggestion is an offer to buy or sale an investment.
These views are based on my own and the guest. You must understand your own risk tolerance and be comfortable with making a specific investment decision.
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Special Guest Greg Fosses describes the upside of Bitcoin & why it's one of the biggest asymmetric asset's he has seen in 35 years of trading markets. He shared his lessons learned from the Bitcoin Conference and talked on the session he hosted called "Billionaire Capital Allocators".
We highlighted the challenges with the fiat system and why the Fed will continue to print money to solve their debt problem. Greg express how the Fed is in a tough position with raising interest rates and fighting against inflation. He explained how a recession could be on the horizon with all of the issues in the economy.
We talked about Jeff Booth concept around Bitcoin being the only system peer-to-peer that doesn't require debt for the velocity of money. Whereas fiat currency (dollar) requires debt to expand money in the economy.
Other topics discussed was the concerns around central bank digital currencies and why Bitcoin separates from alt coins has the most decentralized/secure blockchain network. You don't want to miss this one.
Greg Foss Outlets:
Twitter: @FossGregfoss
LinkedIn: Greg Foss
Education Platform: lookingglasseducation.com
IP Outlets:
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
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Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
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Why do we have a retirement crisis? How much do American's have saved for retirement? What are the solutions to solve this big problem? I discussed all these questions and provided insight on why the problems are prevalent within the economy.
Almost half of American's don't have anything saved for retirement. Most working age households are at risk and some working professionals don't contribute to their retirement plan at all. Which in result creates a need for depending on government sponsored plans such as Social Security, Medicaid, Food Stamps.
I mention how people have to take more control into their own hands because these programs are not intended to be your only source of income. Rather, it's utilize as a supplement. Another issue contributing to the retirement crisis is the underfunding of pensions.
Many pensions across the world have been underfunded due to market uncertainty and companies not being able to fulfill their commitments. Bonds make up a substantial amount in most state pension plans and with interest rate hikes throughout 2022, those don't look ideal has a suitable return of investment.
Overall, there are solutions being fulfilled to help encourage more people in America to invest for the long term. The House of Representatives passed the Strong Retirement Act which will automatically enroll employees into their employer's retirement plan. Fidelity also has come out and mentioned that they will give clients the option to invest in Bitcoin with their 401K's.
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Zaire described the importance of a financial plan and the principles that make a successful financial plan. We went over 5 key principles. Insurance, Cash Flow, Investment, Estate, & Tax Planning.
Each principle was explained in detail and we described what to look for when planning for each of these areas. Whether it's putting together a budget, having a will or a trust, or contributing to your retirement plan.
Zaire talked on how he approaches each of these areas when he sits down with clients. We also went into investment planning and why diversification is vital within an portfolio.
Zaire gave his perspective on how crypto is slowly replacing bonds when it comes to asset allocation.
With inflation and interest rate hikes, we explained how bonds are not what they use to be and many people are looking at other asset's for better return's on their investments.
Lastly we described the challenges with diversity and inclusion amongst black financial planner's. As well as encouraging more women and men of color to go into the finance industry.
Continue to rate, leave a review, and share!
Zaire Askew Outlets:
Instagram & Facebook: Zaire Askew
Email: Zaire.Askew@nm.com
I.P Outlets:
Social Media:
Instagram & Facebook: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
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This episode features Andrew Adeniyi. He described why small business leaders need to have an effective diversity, equity, and inclusion strategy. Diversity is the presence of differences within a given setting.
Within the workplace, we explained how those difference can be race, gender, age, and socioeconomic classes. Andrew highlighted how the challenges with diversity in the workplace is the bias that can be formed. Whether it's racial, gender, or even disability bias.
It's important for business leaders to create an equitable and inclusion environment. Where everyone is treated fair and has equal possible outcomes for success.
As well as ensuring people to feel a sense of belonging in the workplace. This in result helps employee's feel comfortable and supported by the organization when it comes to being their authentic selves.
We discussed the future of work and the occupations that will shift by 2030. Requiring those to have more technical or management skills that will be more in demand.
Andrew also talked on the challenges with the underrepresentation with men and women of color in higher wage occupations. As well as senior positions and executive level opportunities in the workforce.
Andrew Adeniyi Outlets:
LinkedIn: Andrew Adeniyi
Instagram: @_aasolutions
Website: https://www.andrewadeniyi.com/
IP Outlets:
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
Support the show (https://www.patreon.com/insightfulprinciples)
DISCLAIMER: My content is designed for informational and educational purposes only. Please consult with an advisor or a brokerage firm when making an investment decision. The information I give you, please do your own research and become aware of the risks when making an informed financial decision.
This is not an offer to buy or sell any investment. These views are based on my own opinion. You must understand your own risk tolerance and be comfortable with making a specific investment decision.
This audio is not an offer to buy or sell any investment. You must understand your own risk tolerance and be comfortable with making a specific investment decision.
This podcast details the changing world order and how Bitcoin plays an important role on a macro-economic level. This was a breakdown of a session I watched at the Bitcoin Conference. Which discussed the macro-economics aspect of the Bitcoin network and looking at the history of economic cycles.
The name of the session was called “Bitcoin Macroeconomic Landscape”. Speakers on the panel was Jeff Ross, Jeff Booth, Preston Pysh & Mark Moss.
I examine each speaker’s take on where they see the economy now and what role Bitcoin plays on the global level.
Some of those concepts explained was looking at Bitcoin as a savings technology tool. It’s made to save, not to trade. This was Jeff Ross outlook on Bitcoin as a store of value.
Preston Pysh detailed the reason causing inflation and how we are seeing one of the biggest negative interest rate spreads in our lifetimes. He broke down how inflation is taking away any yield an investor can make on a bond.
I provided on overview of Mark Moss and Jeff Booth ideas around technology being the driver when looking at economic cycles.
Mark mentioned Ray Dalio book “Changing World Order, Why Nations Succeed and Fail”. He highlited how all nations roughly rule and are dominant for 250 years.
After that, it tends to be a reset and another nation takes over. This brought up a conversation around how the financial, political, and technological cycle is happening all once right now.
Jeff Booth closed it out with valid points around how the technology of Bitcoin is that it doesn’t require debt for the velocity of money.
With fiat currency (dollar), it’s a credit (debt) based system that relies on the speed of the velocity of money. The reason why we have a debt problem here in the US because their isn’t no cap on the amount of dollars the Federal Reserve can print.
Therefore the panel had one common theme and that was Bitcoin is the transition the monetary system needs. The system has to changed and the technology of Bitcoin is the future of finance.
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Me and Alex discuss our best moments from the Bitcoin Conference in Miami. We explained the freedom Bitcoin brings for international countries. Korea, Africa, and Venezuela all deal with fallacies with government policies and weak monetary policies.
Bitcoin helps with these problems by having a sound monetary system that's decentralized and not controlled by anyone. It provides a store of value against currency devaluation. It also can be used as a medium of exchange. More and more institutions are using Bitcoin globally and we highlighted how it helps countries with authoritative regimes.
We also spoke on how the U.S could be moving towards a bitcoin standard with more options to use Bitcoin at retail stores to buy items. With the Strike announcement, they are partnering with NCR so everyone has the option to use Bitcoin at most major retail chains, such as McDonald's, Walmart, Best Buy, Chick-Fil-A, etc.
If a merchant want's to accept the payment in dollar's, they have the option to convert that Bitcoin into dollar's, if they want Bitcoin, they will get the desired currency they prefer. Which opens the doors for more adoption and the flexibility to move away from using the legacy financial system with Visa and MasterCard.
We also discuss the ESG conversation around Bitcoin and it's sustainability for 2022. It's just another challenge that this asset will overcome and we described how there are many alternatives to mining bitcoin with renewables. Such as flare gas, wind, solar, and even hydroelectric. Please rate, leave a review, & share this podcast!
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DISCLAIMER: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision.
The information I give you, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance and be comfortable with making a specific investment decision.
This podcast discusses staking cryptocurrency. What is staking? What platforms can you used to stake? What are the risks you should be aware of? Why is it important to stake your crypto?
All of these questions was answered in this video. I explained how users are rewarded when staking their cryptocurrency on the blockchain.
As well as the process of validating new blocks to secure the network through staking.
I also explained the crypto’s that give you access to staking, such as, Ethereum, Polkadot, Solana etc.
I provided some solutions on using protocols that give users the ability to stake with a lower amount with Lido.
Which is a liquidity staking solution to help solve the illiquidity of Ethereum.
I discussed Ethereum requirement of at least of 32 ETH when staking on their network and the challenges with locking up your funds for a longer period of time.
Other aspects highlighted was the staking on a exchange and also utilizing a hardware wallet.
Staking on a hardware wallet allows for better security while earning interest on your digital assets over time.
I went over the risks, as well as some websites such as Defiyield and Defillama that can help with your research. Continue to rate, leave a review, & share!
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Clubhouse: @kevnjenkins
Support the show (https://www.patreon.com/insightfulprinciples)
DISCLAIMER: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. The information I give you, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance and be comfortable with making a specific investment decision.
Show Sponsors:
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In this conversation, Bryan Dunlap talked on the market outlook for this year and how the economy is being impacted by Federal Reserve Decisions. We discuss the consequences of how constant money printing widens the wealth gap with the rich and the poor. Inflation has played a pivotal role with increased prices among food, shelter, and energy. We described what the Consumer Price Index (CPI) is and how it's often flawed the way shelter is calculated.
Will the Fed continue to increase interest rates to reduce inflation? Will that lead to a recession? These questions were analyzed and more importantly we talked on how you can prepare if a recession happens. We look at the yield curve and explained how an inverted yield curve can be an indicator for a possible recession.
No one knows the timing but as an investor it's always smart to stay ready, so you don't have to get ready. Other topics explained was the 4 stages of the economic cycle and where we're at currently now. Towards the end, we went over some charts for Bitcoin and Ethereum. As well as some resources to utilized with your research.
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Me and the guest Vince Peterson discuss the value of fundamental and technical analysis. Fundamental analysis shows you what companies to buy, whereas the technical show you when to buy. We elaborated how to combine both fundamental and technical analysis when looking for opportunities in the market.
When focusing on fundamental analysis, you will look at the outlook for the industry, management team, current and new product lines, and the financial statements. This analysis gives you the ability to understand what potential the company has and what competitive advantage they have on the market.
The financial statements will show you the financial health of the company. Does the company make money or lose money? All of these elements will assist when deciding what companies to buy in the stock market.
As far as technical analysis, understanding market structure is important. Is the chart in an upward or a downward trend? Is the chart in a range where you can identify support and resistance?
Support is the level where the stock or currency has not fell below a certain point. Resistance is the opposite, it's the level where the stock or currency has not gone above a certain point.
Markets can also be choppy and as an investor you have to look at these different aspects to get a feel for market sentiment. Fibonacci Retracements, Candlestick Analysis, & Evaluating Time Frames were other tools discussed.
Sponsors:
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Facebook: Vincent Peterson
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Decentralized finance (DeFi) lending is one of the growing aspects of blockchain and the cryptocurrency ecosystem. As of March 25th 2022, there is $214.92 billion total value locked in DeFi protocols. That's a mix between lending, borrowing, and staking. So this industry provides many opportunities for investors.
I explained the differences between lending and borrowing when using your crypto. I provided insight on how interest works when lending out your crypto to other people. As well as the borrowing aspects where you can utilize your crypto as collateral and take out a loan.
This is a complete guide to crypto loans and understanding how liquidity pools work. I provided some examples of how a crypto loans work with MakerDAO. I mention why someone would want to borrow against their asset instead of selling it.
Other concepts mention is dealing with market volatility with crypto loans and how to avoid being over leverage. Lastly, I provided some resources on research around DeFi and doing your due diligence with different protocols.
DeFi Lending Resources:
https://defillama.com/
https://defiyield.app/
https://defirate.com/
https://cointelegraph.com/defi-101/how-to-get-started-in-defi-a-guide-on-the-first-steps-in-decentralized-finance
Sponsors:
Bitcoin 2022, the largest conference focused on sound money principles. Use promo code "INSIGHT" to get 10% off with any pass posted on the website!
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Show email & contact info:
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Twitter: @insightprinples
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Clubhouse: @kevnjenkins
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The guest on today's show discussed how to create purposeful and impactful content online. We walked you through the questions you need to ask yourself before you create any piece of content. P.O.P explained how YOU can master content creation and monetized your brand.
We went over different content strategies around creating sustainable content and automating the process. This video also showcases how to create a simple workflow for content creation. As well as some hacks and tips to make the process easier for yourself.
Creating content is a great way to show off your personal or business brand. Especially if you are selling a product or service. It's gives you the opportunity to participate in free marketing. We broke down the Gary Vee content model with documenting, creating, and distributing your content.
As well as the challenges that come with creating content on a consistent basis. P.O.P also described some of the graphic design apps he uses and his content strategy. He also provided insight on how you can create content more confidently and developing topics for your brand. Sponsors:
Bitcoin 2022, the largest conference focused on sound money principles. Use promo code "INSIGHT" to get 10% off with any pass posted on the website!
Bitcoin 2022 | Tickets at Your Computer or Mobile Device | Tixr at Miami Beach Convention Center in Miami Beach at Bitcoin Conference | Tixr
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Safely secure your crypto with Ledger, the largest crypto hardware wallet!
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P.O.P Outlets:
Instagram: @iam_p.o.p
https://solo.to/iampop
I.P Outlets:
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
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Clubhouse: @kevnjenkins
Show email & contact info:
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This episode details the fundamentals of personal finance. From budgeting, emergency funds, paying off debt, and analyzing your net worth. All of these areas were described throughout this audio. Jeff described why having a budget is important.
Having a budget creates the foundation for your spending habits. As well as giving you clarity on the amount you would like to invest, save, and spend every month.
A budget holds you accountable and creates a productive habit with managing your personal finances. Essentially it allows you to see what's coming in with your income and what's going out with your expenses.
Jeff also explains how tracking your net worth is beneficial. It gives you the ability to stay focus on your financial goals. It gives you an overview of your financial health and it emphasizes the decisions you make with your investments.
Tracking your net worth also keeps you motivated on eliminating your debt and it shows the true impact of your financial decisions.
We also talked on different methods on separating fixed and variable expenses with your bank account. As a person progresses from paying off debt and building an emergency fund, we went over why planning for the long term should be apart of your personal finances. Dealing with market volatility and diversification were other topics me and Jeff described. Watch this video on my YouTube for the visuals on putting together an income statement and a balance sheet: https://youtu.be/1p35vEdbX_Q
Spreadsheets
Personal Budget: https://docs.google.com/spreadsheets/d/1m-kr0EyCSFTN7JsVyml_1-HwE_Aa3CP2F2cla2ninRU/edit?usp=sharing
Tracking net worth: https://docs.google.com/spreadsheets/d/1i6xa0WfZSiQuVSOJX-61tYIDXi6_OX2kWI_iUOeSaQs/edit?usp=sharing
Sponsors:
Bitcoin 2022, the largest conference focused on sound money principles. Use promo code "INSIGHT" to get 10% off with any pass posted on the website!
https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217
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Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9ca
Jeff Knight Outlets:
LinkedIn: Jeffrey Knight
I.P Outlets:
Social Media:
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
DISCLAIMER: My content is designed for informational and educational purposes only. Please consult with an advisor or a brokerage firm when making an investment decision.
The information I give you, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance and be comfortable with making a specific investment decision.
Support the show (https://www.patreon.com/insightfulprinciples)
This episode featured Osa Winter. She is the Marketing Director & Instructor for America Online Insurance School.
Throughout this conversation, she shared her background and why she decided to become an educator in the insurance industry. We discussed the benefits of life insurance and how it's a transfer of risk.
Osa provided many examples of proper insurance planning and how it can be use as an aid to solve different financial issues that may arise.
Osa described the importance of disability income insurance and the likeliness of someone getting a disability before they retire.
She included how disability income provides assistance with loss of income or even an injury. We also talked on credit life insurance and the need for utilizing this if you have an mortgage and you pass away.
Osa spoke on how life insurance can be used as generational tool to pass down wealth. This one was packed with educational info. Continue to rate, leave a review, and share!
Sponsors:
Bitcoin 2022, the largest conference focused on sound money principles. Use promo code "INSIGHT" to get 10% off with any pass posted on the website!
Bitcoin 2022 | Tickets at Your Computer or Mobile Device | Tixr at Miami Beach Convention Center in Miami Beach at Bitcoin Conference | TixrBuzzsprout, the best way to start a podcast!
https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9ca
Osa Winter outlets:
National Insurance Website: https://aoischool.com/
Florida Insurance Website: https://floridaschool.com/
Email: osa@floridaschool.com
LinkedIn: Osa Winter
I.P Outlets:
Social Media:
Instagram & TikTok- @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
Show email & contact info:
Email: insightfulprinciples@gmail.com
LinkTree: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
DISCLAIMER: My content is designed for informational and educational purposes only. Please consult with an advisor or a brokerage firm when making an investment decision.
The information I give you, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance and be comfortable with making a specific investment decision.
Watch this video on my YouTube here: https://youtu.be/1oitm_HCDnA
In this podcast, I discussed the categories of stablecoins. Some described were dollar-backed and crypto stablecoins. USDC is a dollar backed stablecoin.
USDC was co-founded by Coinbase and Circle. I went over the advantages and disadvantages of USDC. As well as the possibilities on assisting citizens in foreign countries.
DAI is a crypto backed stablecoin. It's backed by cryptocurrency and the founder is MakeDAO. They are a decentralized autonomous organization.
I also went over the challenges with DAI and how some people prefer stablecoins that don't have a centralized authority.
Other points discussed was how stablecoins provide a hedge against inflation and volatility. It also is an option to store wealth, especially in countries where the currency has been devalued.
Such as Turkey, Venezuela, and Zimbabwe. Regulation with stablecoins was another issue I brought up that will be a prevalent topic in 2022.
Sponsors:
Bitcoin 2022, the largest conference focused on sound money principles. Use promo code "INSIGHT" to get 10% off with any pass posted on the website!
Bitcoin 2022 | Tickets at Your Computer or Mobile Device | Tixr at Miami Beach Convention Center in Miami Beach at Bitcoin Conference | Tixr
Buzzsprout, the best way to start a podcast!
https://www.buzzsprout.com/?referrer_id=1305358
Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9ca
Contact Info & Socials:
Instagram & Tik Tok: @insightfulprinciples
Email: insightfulprinciples@gmail.com
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
LinkTree: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Watch this episode on my YouTube: https://youtu.be/EY90I3c64Ys
This episode features Deirdre Van Nest, World Class Keynote Speaker, Speaking Coach, & Story Strategist. In this episode, Deirdre explained the importance of crafting a story and making it an asset in your business.
What are the different types of stories every entrepreneur should know? What makes a great story and how can stories build a connection with your client? All of that was discussed in this episode. Deirdre also explained her journey of getting into public speaking and how she overcame that fear.
We also talked on how stories allow you to develop an emotional connection with your ideal client. They also build empathy and trust where your client becomes more comfortable talking with you.
Utilizing public speaking to capture people's attention when delivering a presentation creates credibility with your audience. It also creates a velocity of visibility where it leads to more opportunities to share your message or story.
This episode detailed how storytelling leads to impact, value, and expressing yourself in a compelling way when communicating with others. It also will give you an idea on how public speaking cultivates your story, while connecting more with your audience.
Sponsors:Bitcoin 2022, the largest conference focused on sound money principles. Use promo code "INSIGHT" to get 10% off with any pass posted on the website!
Bitcoin 2022 | Tickets at Your Computer or Mobile Device | Tixr at Miami Beach Convention Center in Miami Beach at Bitcoin Conference | TixrBuzzsprout, the best way to start a podcast!https://www.buzzsprout.com/?referrer_id=1305358Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9ca
Deirdre Van Nest Outlets:
LinkedIn: Deirdre Van Nest
Website: Deirdre Van Nest – Speaker Training & Marketing Content | Crazy Good Talks
Email: dvn@crazygoodtalks.com
Insightful Principles Outlet's:
Instagram & Tik Tok: @insightfulprinciples
Email: insightfulprinciples@gmail.com
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
LinkTree: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Bitcoin 2022, the largest conference focused on sound money principles. Use promo code "INSIGHT" to get 10% off with any pass posted on the website!
Bitcoin 2022 | Tickets at Your Computer or Mobile Device | Tixr at Miami Beach Convention Center in Miami Beach at Bitcoin Conference | Tixr
Allan Brewster is the CEO and Founder of Ace Corp Tech and Ecomarketplace. Which are businesses focused on sustainability, health, and agriculture.
Throughout this conversation we discussed Allan's passion around environmental solutions and his mission to make the world more carbon neutral. By utilizing hemp and reducing greenhouse gasses within the environment.
He also discussed why it's important for the economy to become more self-sufficient and the importance of reducing the carbon footprint with products that help world instead of polluting it.
We also expressed why everyone should take a look at growing their own food and having control on what your intaking throughout your body.
Allan gave his perspective on what carbon sequestration is and how it's a way to store carbon dioxide from the atmosphere and put it towards a better use. Such as increasing organic carbon in the soil to promote photosynthesis or producing graphene.
Graphene is a technological material that implements carbon dioxide to produce screens for smartphones. These are just a few examples of what was highlighted in this episode.
Allan expressed the costs associated with starting a business focused on sustainability and words of wisdom for those that have an interest with learning more about carbon emissions. Lastly, we talked on vertical integration throughout business and the value of owning the supply chain process. Rate, leave a review, and subscribe to the channel!
Allan Brewster Outlet's:
Email: Allan@acecorp.tech
Website: Home - A.C.E. (acecorp.tech) | EcoMarketPlace – EcoMarketPlace
Twitter: @acecorptech
Instagram: @a.c.e_corp
LinkedIn: Allan Brewster
I.P Outlet's:
YouTube: Insightful Principles
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
LinkTree: https://linktr.ee/insightfulprinciples
Sponsors:
Buzzsprout, the best way to start a podcast!
https://www.buzzsprout.com/?referrer_id=1305358
Safely secure your crypto with Ledger, the largest crypto hardware wallet!
https://shop.ledger.com/?r=aa519baed9ca
Support the show (https://www.patreon.com/insightfulprinciples)
DISCLAIMER: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. The information provided, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance, time horizon, and be comfortable with making a specific investment decision.
Watch this video on my YouTube: https://youtu.be/ya-sDfkDE7Q
DeFi stands for decentralized finance and it's a protocol that allows people to utilized financial services without the need of a bank or an institution. Kevin details the importance of this innovative technology and how it works throughout the crypto world.
The future of finance is explained and how DeFi provides options that cater to individuals through staking, borrowing, lending, and liquidity pools. This will be the future of currencies and how transactions will move throughout our economy.
Kevin also explains what a defi wallet is and how digital wallet's provide opportunities within the DeFi space. He also goes into details on stablecoins and how it provides as a catalyst for the use of DeFi. Stablecoins are cryptocurrencies that are backed by the value of a fiat currency such as the US dollar, or a cryptocurrency.
The differences between centralized and decentralized finance were discussed. Centralized finance is predicated on a central authority to approved or decline a transaction. Such as a bank, institution, or a brokerage. There is a single party or a single location that is in control of the transaction.
With decentralization, it gives users the ability to take control of their money and have access to DeFi no matter where they are in the country. All you need is an internet connection and can start to change the trajectory of having freedom and choice when it comes to money.
I.P Outlets:
Instagram & TikTok: @insightfulprinciples
Twitter: insightprinples
YouTube: Insightful Principles
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
LinkTree: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Watch this video on YouTube & subscribe to channel
Special guest Pamela Bautista discusses her journey with becoming a leadership and consulting coach and why she is passionate about helping entrepreneurs have more impact in their business.
She explained strategies on how entrepreneurs can succeed in business. She provided the 3 pillars for business success. Which is knowing your mission, vision, and core values.
Pamela explains how implementing these 3 pillars in your business allow you to create an alignment in the workplace. The alignment allows small business owners to create a thriving company culture that people want to be a part of.
We also elaborated on how small business owners can navigate post pandemic and provide flexibility for their clients and employees. Pamela stresses the importance of emotional intelligence and how empathy is a necessity with succeeding in business.
Other topics expressed was tips on not burning out as an entrepreneur by utilizing boundaries and having a growth mindset when facing obstacles and problems in business.
Here is the Buzzsprout link to start your first podcast and get a free $20 Amazon gift card:
https://www.buzzsprout.com/?referrer_id=1305358
For more info on Pamela Bautista, links below:
Instagram: @leadpamelabautista
LinkedIn: Pamela Bautista
Website: https://www.pamelabautista.com/
I.P Outlets:
Podcast Platforms
Apple: https://podcasts.apple.com/us/podcast/principles/id1518622247?uo=4
Spotify: https://open.spotify.com/show/4j9Yr9WPtCpYzXiOxSlpfp
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
LinkTree: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. The information in this podcast, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance, time horizon, and be comfortable with making a specific investment decision.
Watch this video on YouTube and subscribe to channel: https://youtu.be/3YAVO6v-1f8
This episode featured Rosco No E. Educator, Investor, Musician, & Entrepreneur discussed the future of the internet. Which will be Web 3.0, NFT’s & the Metaverse.
NFT’s stand for non-fungible token, and they are unique digital asset’s that can represent a picture, video, contract, or even a ticket to a sporting event. It literally can represent anything. Whereas a fungible item is something that can easily be replaced like the dollar.
Some of the opportunities we discussed with NFT’s is the ability to have control over content creation and adding value to your targeted audience. The utility cases can be tremendous where business owners can give clients extra services when they purchase their NFT’s or setting up a meetup where you can meet the person supporting your project.
NFT’s also have smart contracts attached to them where both parties must agree to the contract before it’s completed. The contract can’t be change and it’s automatically executed once the terms of the agreement are fulfilled.
Such as someone implementing a royalty of 5% for their NFT if it is resold to someone else in the market. The power of this is a person can build generational wealth by adding value in the marketplace and they can get paid in perpetuity for the rest of their life.
Rosco explained how Web3 will change the way we interact online with immersive experiences throughout the Metaverse and Decentralized Autonomous Organizations (DAO’s). As well as how NFT’s allow anyone to build their own community.
Web3 is essentially a decentralized protocol that will give users more control over their data, privacy, security, and creativity. It will lead to more transparency and trust amongst users because of smart contracts, blockchain’s, and digital wallets.
We talked about the transition from Web1 to Web2 and Web3 by explaining how Web1 was mostly read only on the internet. We couldn’t interact with Yahoo, Google, or AOL. Web2 introduced the communication and interaction components with social media, networking sites, and music. Web3 is a combination of digital asset's, virtual 3D worlds, and gaming that will be transformative in the world.
Creating events, concerts, and having jobs will all happen on the metaverse just like in real life. We also discussed the challenges of Metaverse and how it could put people in a deeper state than social media. Overall this discussion was all about the growth of crypto and how the blockchain will change the internet for years to come.
Rosco No E Outlet's:
Upcoming webinar on January 27th, 2022 from 8-9PM EST where Rosco will be discussing how to setup a digital wallet, purchasing virtual real estate, and learning more about crypto. You can go to https://www.digitalnftcryptouniversity.com and sign up now!
Social Media:
Instagram, TikTok, Twitter- @rosco_noe
LinkedIn- Michael Blair
Website- rosconoe.com
Insightful Principles Outlet's:
Social Media:
Twitter: @insightprinples
Clubhouse: @kevnjenkins
LinkedIn: Kevin Jenkins
Linktree: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Watch this video on my YouTube and subscribe: https://linktr.ee/insightfulprinciples
This episode featured Keith Marshall, CEO of “Gotcha Back Pressure Washing”. Keith discussed his journey on why he decided to start a business in pressure washing and why it’s a smart industry to invest in. The global pressure washing market size is expected to grow to $3.0 billion by 2026.
He described his business model and how he has been able to generate revenue within pressure washing. Keith explained the start up cost needed to become successful within this industry and why it’s a lot lower compared to other businesses.
We went through marketing strategies that help with brand awareness and how brochures provide a professional touch to separate yourself from the competition.
Keith gave sound advice on the opportunities in pressure washing such as gas stations, car washes, strip malls, museums, and commercial properties. As well as the challenges with pressure washing and how to overcome business obstacles.
We Gotcha Back Pressure Washing Outlets:
Email: Gotchaaaservicesllc@gmail.com
Instagram: @we_gotcha_back
Facebook: We Gotcha Back Pressure Washing
IP Outlets:
Instagram & TikTok: @insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
What will be some deciding factors that will drive the market in 2022? What are some sectors or industries that will benefit and grow going into the new year? Kevin discussed his investment outlook for 2022 and how each investor can stay prepared.
We recapped 2021 on some of the winners and losers in the market. As well as the amount of money printed and how inflation hit its highest level in 40 years. Kevin discussed why inflation and the debasement of the U.S dollar will continue to be a prevalent issue in 2022.
Investors will need to look towards having a defensive approach and search for value and income in 2022. Sectors such as Utilities, Consumer Staples, Healthcare, Apartment REIT's will all be opportunities during a weakening economy.
Tech sector will continue to show its dominance. Blockchain protocols surrounding NFT's and the Metaverse will lead to conversations surrounding Web 3.0. Crypto and DeFi will continue to shake the financial services industry and discussions around stable coins and a Bitcoin ETF will be important for the growth of the industry.
Here is the link to start your Buzzsprout podcast
https://www.buzzsprout.com/?referrer_id=1305358
LinkTree to subscribe to my YouTube channel and social media:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
The number one aspect of investing in cryptocurrency is understanding SECURITY. Investors must keep privacy and protection top of mind when investing in crypto. It's important to distinguish the difference between hot and cold storage wallets.
In this episode, Kevin details those differences, as well as the importance of having private keys in case of hacks on an exchange or even worse, a global cyber-attack.
He explains why private keys give you the most control over your crypto assets because you're essentially your own bank. Kevin described the differences between the Ledger Nano X and S.
Which are hardware wallets that store your assets in cold storage. Holding your assets in cold storage means it's disconnected from the internet. Hot storage is when they are on a crypto exchange
He also explains some of the security steps required to fully program your Ledger and be on the road to storing your crypto in a safe and secure way. Other topics discussed was setting up your recovery phrase and additional options to add more security to your Ledger.
Subscribe, leave a review, and share this podcast!
Here is my affiliate link where you can purchase a Ledger:
https://shop.ledger.com/?r=aa519baed9ca
Buzzsprout Affiliate Link:
https://www.buzzsprout.com/?referrer_id=1305358
Follow my social media:
Instagram: https://www.instagram.com/insightfulprinciples/
TikTok: https://vm.tiktok.com/ZMdMdVHBa/
LinkedIn: https://vm.tiktok.com/ZMdMdVHBa/
ClubHouse: https://www.clubhouse.com/@kevnjenkins
Audio Outlets:
Spotify: https://open.spotify.com/show/4j9Yr9WPtCpYzXiOxSlpfp
Apple Podcast: https://podcasts.apple.com/us/podcast/principles/id1518622247?uo=4
Subscribe to YouTube channel:
https://www.youtube.com/channel/UCG7pYfQU6FdpKRZEmzbMyB
Support the show (https://www.patreon.com/insightfulprinciples)
Watch and subscribe on YouTube: https://youtu.be/OeSn3WCr7rE
This episode featured Jordan Richardson. Jordan is a real estate investor, and an entrepreneur that has created a great investment portfolio for himself. He joined us to discuss his approach when investing in single and multi family properties.
Jordan described how he finds undervalue properties and then makes them available to tenants for Section 8 housing. He also detailed the BRRR method, which was created from Bigger Pockets. They are a top real estate investing and media company.
The BRRR method stands for Buy, Rehab, Rent, and Refinance. We also went into why real estate is one of the oldest asset’s that has been around and one of the best subscription plans around. When you think about the cash flow an investor can make monthly.
Jordan analyzed a property in South Bend, IN and gave listeners a step by step guide on how it calculates his number’s. He went over his rule of keeping his LTV from 65-70% and why that’s important when he goes to refinance his properties.
He explained the process of building a team and managing capital for hard money lenders and private investors.
Jordan elaborated on how his contracting experience allows him to save more money with purchasing a property and not having to distribute costs to finding a contractor.
Rather he does all of the rehab himself with the team he has builded around him. Jordan emphasized the value of becoming vertically integrated and building a successful real estate investing business.
Here is the buzzsprout link mentioned to start your own podcast: https://www.buzzsprout.com/?referrer_id=1305358
Jordan Outlets:
Instagram: mr_junglerose
Email: propertybros.sb@gmail.com
I.P Outlets:
Spotify:https://open.spotify.com/show/4j9Yr9WPtCpYzXiOxSlpfp
Apple: https://podcasts.apple.com/us/podcast/principles/id1518622247?uo=4
Instagram: https://www.instagram.com/insightfulprinciples/
TikTok: https://vm.tiktok.com/ZMdMdVHBa/
LinkedIn: https://www.linkedin.com/in/kevinnjenkins/
Clubhouse: https://www.clubhouse.com/@kevnjenkins
Investing Mastermind Discord:https://discord.gg/JfpbEcpG
LinkTree: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Throughout this episode, I discussed what portfolio construction is and why it's important when creating an investment portfolio. Portfolio construction is allocating percentages on the assets you decide to put into your portfolio.
I discussed the 4 steps you need to know when constructing your portfolio. Such as selecting the asset classes, determining the target percentage you will put in each asset class, deciding the maximum and minimum ranges for each asset class, and the actual selection of the securities that will go into a specific asset class.
I explain some of the asset classes such as stocks, bonds, cryptocurrency, and commodities. I also went into the risks of each asset class when it comes to inflation, interest rates, and volatility. Your time horizon, investment objective, and your risk tolerance will determine how you will develop your portfolio.
I went over my personal portfolio construction with 75% in stocks, 15% in crypto, and 10% in commodities. Towards the end I explain my strategy behind this allocation and some of the trends I'm seeing with technology. As well as with the Metaverse, NFT's, and DeFi.
Please rate, leave a review, and subscribe to this podcast channel!
Follow my YouTube channel: https://www.youtube.com/channel/UCG7pYfQU6FdpKRZEmzbMyBQ
Audio Outlets:
Spotify: https://open.spotify.com/show/4j9Yr9WPtCpYzXiOxSlpfp
Social Media:
Instagram: https://www.instagram.com/insightfulprinciples/
TikTok: https://vm.tiktok.com/ZMdMdVHBa/
Clubhouse: https://www.clubhouse.com/@kevnjenkins
LinkedIn: https://www.linkedin.com/in/kevinnjenkins/
LinkTree:
https://linktr.ee/insightfulprinciples
Here is the link mention to start your own Buzzsprout podcast: https://www.buzzsprout.com/?referrer_id=1305358
Support the show (https://www.patreon.com/insightfulprinciples)
Here is the link to create your own podcast:
https://www.buzzsprout.com/?referrer_id=1305358
Watch this video on YouTube and subscribe to my channel:
https://youtu.be/4q6e5bhTHPw
This video features Justin Rhedrick, Bitcoin Educator, Entrepreneur, Author describes why bitcoin is sound money. He details why it provides financial freedom and control when it comes to your wealth.
Justin described his journey from being in jail to shifting his mindset and learning about entrepreneurship. His company Bitcoin Vegan Transformational Services, is focused on educating professionals about this technology. From integrating Bitcoin into your business or your portfolio and understanding why it’s decentralized.
He also describes that his mission is to empower people with learning about decentralized money and why it’s best to not have it controlled by a centralized authority.
Justin went into how Bitcoin sounds real world problems and how it’s only the beginning stages for its lifespan. With being an 13 year old asset, Justin expounded on why 99% of people still don’t understand this asset.
The importance of education about blockchain, security, and transparency around Bitcoin was prevalent throughout this conversation. We also discussed inflation and why most currencies today in the traditional markets are manipulated. Such as stocks, bonds, and commodities.
Justin detailed the differences of investing in Bitcoin directly or a Central Bank Digital Currency (CBDC). He explained that a CBDC will come with tighter policies and more restrictions. It will also become easier because dollar’s will no longer be in physical form but only digitally.
His thoughts are people may eventually start to see that fiat currency is being manipulated by many institutions. Justin provided his thoughts on volatility with Bitcoin and explained holding it for the long term is the way to go. It’s not an asset that you can just put in and out to flip.
It’s an investor mindset and that many people that have held Bitcoin since $600 are doing very well right now.
Towards the end Justin talked about the journey of writing his first book “From Bars To Bitcoin”. He expresses that it’s a book about transformation and investing in yourself. While overcoming the life obstacles that come into your way. SMASH that like button, subscribe, and share this video!
Here is Justin mastermind course: https://mastermind.bitcoinvegan.com/order-page-script-bundle1636108132280
Purchase “From Bars To Bitcoin”: https://bitcoinvegan.com/product/frombarstobitcoin/
Instagram: @bitcoinveganjustin
Clubhouse: "Black Bitcoin Billionaires"
Twitter: @bitcoin_vegan
LinkedIn: Justin Rhedrick
IP Outlets:
Mastermind Discord:https://discord.gg/3hEb6BbE
Social Media:
Instagram: https://www.instagram.com/insightfulprinciples/
Twitter: @insightprinples
TikTok: https://vm.tiktok.com/ZMdMdVHBa/
LinkedIn: https://www.linkedin.com/in/kevinnjenkins/
LinkTree: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
This podcast detailed how a person can become an tax free millionaire investing in a Roth IRA. Which is an individual retirement account that uses after tax dollars that grow tax deferred. As long as you have had the account for more than 5 years and are at least 59 1/2, you can pull from this type of account with no taxes or penalties.
You can invest in stocks or even index funds with a Roth IRA and the maximum contribution for 2021 is $6,000. If you're over 50, you can contribute $7,000. Throughout this discussion I provided examples of what you would need to contribute to your Roth to become an millionaire in 41 years.
I also explain the benefits of investing in a Roth, as well as the power of compound interest. Planning for financial freedom takes patience and discipline but with the right habits, over time you can reap a harvest utilizing an Roth IRA.
Please rate, leave a review, and subscribe to this podcast!
Can watch this on my YouTube:
https://youtu.be/N6wH5_5Kq7o
Audio Outlets:
Apple: https://podcasts.apple.com/us/podcast/principles/id1518622247?uo=4
Spotify: https://open.spotify.com/show/4j9Yr9WPtCpYzXiOxSlpfp
LinkTree: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Bitcoin Futures ETF is here and there will be many more to come. This podcast describes the risks you need to know when investing in a Bitcoin Futures ETF. BITO debuted on the NYSE exchange as the first bitcoin futures ETF in the U.S on October 19th, 2021.
I discuss if this ETF is a good opportunity for investors or if it's best to not invest and get exposure to Bitcoin with investing in it directly.
I also explain the risks associated with investing in a futures contract such as counter-party, costs/fees, as well as price manipulation among institutions holding the future contracts.
You will learn what a derivative contract is and how a Bitcoin Futures contact exactly works. I detailed the difference between an Bitcoin Spot ETF and a Bitcoin Futures ETF.
One tracks the price movement's of Bitcoin where the other is directly backed by the derivative of Bitcoin future contracts.
Other topics discussed was how an Bitcoin Futures ETF can be inaccurately price compared to the spot price of Bitcoin.
As well as the contango issues with selling cheaper future contracts that are closed to expiration to exchange it for more expensive future contracts that have a longer expiration. Which can be costly to the average investor.
This is essentially buying low and selling high, which is the complete opposite thing you want to do as an investor.
Please leave a review, subscribe, and share!
Subscribe to YouTube Channel:
https://www.youtube.com/channel/UCG7pYfQU6FdpKRZEmzbMyBQ
Connect with me on social media:
Instagram & TikTok- @insightfulprinciples
Facebook & LinkedIn: Kevin Jenkins
Clubhouse: @kevnjenkins
LinkTree:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
This episode featured Jakoby McKaye. Jakoby shared his expertise behind the auto financing business. His experience is within the mortgage refinancing and auto financial lending industry. Jakoby explained the business cycle behind processing an auto loan for a consumer.
From the moment a customer steps into a dealership to when they leave, Jakoby shared his perspective of what goes into a credit application to what a bank is looking for when they lend out loans.
At the end of the day it's all about risk and how likely is the customer willing to pay back the loan on the vehicle was his thoughts throughout the show. We also evaluated indicators that banks look at such as Payment To Income Ratio (PTI) or Debt To Income Ratio (DTI) to determine if the loan amount is feasible for a customer to pay.
Jakoby and I also discuss what's more important when you walk into a dealership, the payment's or the interest rate on the vehicle. Both play a vital role and are different based on a customers circumstance of what's comfortable for them.
As the conversation progressed, we shifted our discussion into personal development and the importance of self education. Jakoby shared some of his greatest teachers that have helped him in his journey such as Jim Rohn, Brain Tracy, Earl Nightingale, Les Brown, and Eric Thomas.
Please rate, subscribe, and leave a review for this podcast.
Link to start your own Buzzsprout podcast:
https://www.buzzsprout.com/?referrer_id=1305358
Jakoby McKaye Outlets:
LinkedIn: Jakoby Mckaye
I.P Outlets:
LinkTree: https://linktr.ee/insightfulprinciples
Subscribe to YouTube channel: https://www.youtube.com/channel/UCG7pYfQU6FdpKRZEmzbMyBQ
Support the show (https://www.patreon.com/insightfulprinciples)
This episode featured Jaran Ramsey. Real Estate Agent based out in the Dallas TX area discussed the importance of investing in real estate. Jaran specializes with buying and holding multi-family properties and provides his tips for success.
He details the financing options available for investors and why you should buy a home to build equity. We also discuss why a home is a liability if it doesn't provide cash flow for you. Therefore we explain why an investor needs to look at their home as an asset.
Other topics were around analyzing comps, possible market correction, and what inspired Jaran to become an author. Rate, leave a review, and subscribe to the podcast.
Link to start your own Buzzsprout podcast:
https://www.buzzsprout.com/?referrer_id=1305358
Jaran Ramsey Outlets:
Instagram, Facebook, Snapchat- @jaranramsey
Website:
https://www.jaranramsey.com
Purchase Jaran Ramsey "Landlording" book:
https://www.jaranramsey.com/learn-how-to-invest-today-order-your-copy-of-landlording/
Watch and subscribe to this content on YouTube:
https://www.youtube.com/channel/UCG7pYfQU6FdpKRZEmzbMyBQ
LinkTree:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Kyle discussed the steps it takes to buying a small business. Understanding your why, having a plan, and building your team were some of the themes throughout this conversation. Kyle also described key value drivers that any investor needs to evaluate when considering buying an existing business.
Such as profitability, risk, and growth. He also explained why due diligence is key within the small acquisition world, as well as some of the cash flow opportunities available for investors today's market.
Starting your first Buzzsprout podcast
https://www.buzzsprout.com/?referrer_id=1305358
Kyle Griffith Outlets:
https://hihello.me/hi/kylegriffith
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Knowing your number's as a business owner is important because it keeps you organized, prepared, and detailed.
Even in the case when you are looking to invest in small business, you need to know these number's to see if it's a worthwhile investment.
Such as cash flow, gross margins, net profit, customer acquisition cost, etc. Kevin discussed why knowing your number's helps you with understanding the profitability of your company, as well as any improvements that need to be made.
He also explained how these indicators can help you identify strengths, weaknesses, and opportunities for your company.
Buzzsprout link to start your own podcast: https://www.buzzsprout.com/?referrer_id=1305358
LinkTree: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
What are the fundamental indicators when determining the intrinsic value of a stock? How do I know if a stock is undervalued or overvalued? These questions were discussed throughout this episode.
Kevin provides insight on how Warren Buffett approaches value investing by looking at Price to earnings ratios, company performance, debt, profit margin, and economic moat (competitive advantage).
Value investing allows you to minimize your losses and have a margin of safety when investing in different companies.
The goal is to invest in a company for much less compared to what it's worth. Subscribe to the YouTube channel to see the visual explanations of this video. Linktree is below.
https://linktr.ee/insightfulprinciples
Buzzsprout link below to start your own podcast and receive a free Amazon gift card:
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Support the show (https://www.patreon.com/insightfulprinciples)
This episode featured Alex Cole, investor, bitcoin miner, & consultant. Alex and his partners have created a bitcoin mining company called Corsair Coin LLC. We discussed the process of creating a mining company and also the rapid growth of U.S miners in the crypto space.
Alex detailed the importance of fundamental analysis when investing in crypto and some of the risks associated with this investment.
We dived into some of the major projects being developed with Bitcoin and Etheruem, as well as the pros and cons between Proof of Work vs. Proof of Stake. Lastly we talked about the importance of blockchain and the industries that will benefit the most with this technology.
Alex Cole outlets:
Twitter: alexlcole
Instagram: thealexcole
I.P Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Why do prices increase over time? One of those reasons is due to inflation. With the Consumer Price Index for the July report showing an increase of 5.4% over the last 12 months, investors have to identify asset's that stay ahead of inflation.
Inflation is also an expansion of the money supply and the Fed has printed trillions of dollars in 2021 alone, as an investor you have to find strategic ways to increase your purchasing power. Saving money in dollars is no longer a strategy, the fiat currency will only devalue the more money they print.
Kevin details why value stocks, commodities, cryptocurrencies, and real estate should be in an investor portfolio during an high inflationary environment and why these assets provide a store of value.
Here is the link to start you own podcast and receive a free Amazon gift card
https://www.buzzsprout.com/?referrer_id=1305358
LinkTree:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Greg Foss discuss why Bitcoin is the best hedge asset within our economy due to the inflated dollar. Greg points out how Bitcoin is a digital energy and why every investor needs to have the proper allocation.
He also provided insight on why investors need to understand how credit runs the economy and how you can look to the credit market as an indicator to see what will come.
We discussed the possibility of a financial reset due to the debt spiral many countries have faced as well as the amount of money that has been printed from the Federal Reserve. At some point, the bubble must pop and everyone should watch this video so you can hedge accordingly with your assets.
Here is the link for the free Amazon Gift Card mentioned in the episode:
https://www.buzzsprout.com/?referrer_id=1305358
Greg Foss Outlets:
https://www.validuspower.com
Twitter: @fossgregfoss
LinkedIn: Greg Foss
Research Paper: https://rockstarinnercircle.com/wp-content/uploads/2021/04/Why-Every-Fixed-Income-Investor-Needs-To-Consider-Bitcoin-As-Portfolio-Insurance.pdf
I.P Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Andrew describes the importance of fostering culture and creating the right work environment that drives employee engagement and retention. We discussed his recent book release "The Circle of Leadership, a framework for creating and leveraging culture".
Andrew explains why entrepreneurs and leaders need to focus on a purpose, the people, and a process when developing their environment with their colleagues or employees. He also went into the value of diversity and inclusion and the impact it can have on your organization.
Link to start your own podcast and receive a free amazon gift card: https://www.buzzsprout.com/?referrer_id=1305358
Andrew Adeniyi Outlets:
Instagram: _aasolutions
LinkedIn: Andrew Adeniyi
https://www.andrewadeniyi.com
Non-profit: https://www.canibereal.com
I.P Outlets
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Carl discussed his perspective as a broker and how to invest in small business acquisitions. He assists with helping entrepreneurs acquire privately owned businesses and related properties.
With over twenty years of experience in entrepreneurship, Carl shares some of his favorite financing options to use when investing in a small business. Some of those we discussed were seller financing, SBA and conventional loans.
He also described the leverage of growing a business through acquisition in comparison to using a loan to start your own business. Carl also detailed the combination methods of using different strategies to get the funding you need to invest in a small business.
These are the websites mention to find a small business
https://www.bizbuysell.com
https://bbfmls.com
https://www.bizquest.com
https://www.businessesforsale.com
Here is the link mention to start your own podcast and receive a free Amazon gift card:
https://www.buzzsprout.com/?referrer_id=1305358
Carl Bosse Outlets:
Contact: 305-764-1158
LinkedIn, Instagram & Clubhouse: @carlbosse
Email: carlbosse@kw.com
Website: mavenogroup.com
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
When did the Federal Reserve come into existence, what are they designed to do, and how is their influence our current financial system? All of these questions were detailed in this episode.
Kevin also provided an explanation of why the Federal Reserve was created and how monetary policy is facilitated.
He also describes the hidden truths of the Fed that isn't explain in your average school textbook. Kevin provided insight on how the Federal Reserve works with the government and the private banking system with manipulating debt in our economy.
Here is the link mention to start your own Buzzsprout podcast:
https://www.buzzsprout.com/?referrer_id=1305358
Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
This is an inside look of my Clubhouse conversation with Jeff Knight. We discussed the concept of financial therapy and how to understand your beliefs when it comes to money. Many people need financial therapy to cope with financial stress, as well as childhood experiences that have an impact on their relationship with money.
Over time, we develop financial habits and behaviors that have an influence on our financial future. Throughout this episode, we described 4 money scripts on how people identify with money. Those are Money Status, Money Worship, Money Vigilance, and Money Avoidance.
Follow us on Clubhouse- Kevin Jenkins & Jeff Knight.
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Rob explained how to monetize a consulting business. As well as the expenses and fees that would be involved. He described his business model and how he consults for different brands in the LA area.
Towards the end, we explained our favorite books to read that are helpful with sales, public speaking, networking, & personal development.
Books mention:
Think and Grow Rich- Napolean Hill
Outwitting the Devil- Napoleon Hill
Never Split the Difference- Christopher Voss & Tahl Raz
Psycho-Cybernetics- Maxwell Maltz
How to win friends and influence people- Dale Carnegie
The Miracle Morning- Hal Elrod
Rob Velazques Outlets:
Instagram: rob.velazques
Business Page: @mspuniversity
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
In this 2-part series, Rob provided his insight on developing your mindset and acquiring tangible skill sets that will help you become more valuable. The guest discussed being discipline rather than motivated.
In result you will be more consistent and find more ways to provide for yourself and your family. He also described his journey into entrepreneurship and why he is passionate about the personal development space. Subscribe, rate, and leave a review!
Here is the Buzzsprout link to start your own podcast now:
https://www.buzzsprout.com/?referrer_id=1305358
Rob Velazques Outlets:
Instagram: @rob.velazques
Business Page: @mspuniversity
Email: robvelazques@gmail.com
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
DISCLAIMER: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision.
The information I provide, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance and be comfortable with making a specific investment decision.
Kevin discusses the investment purposes with investing in precious metals. Such as gold, silver, platinum, and palladium. He also gave his perspective on silver as an industrial metal and the supply shortage among many precious metal dealers.
He also described his experiences with purchasing silver recently and what you need to look for when investing in precious metals. Which are understanding the spot price and the premium, the purity of the metal, brand reputation, and coins vs. bars.
Here is the link mentioned to start your first podcast:
https://www.buzzsprout.com/?referrer_id=1305358
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
In this episode, Kevin describes the underlying technology of Bitcoin and Ethereum. Which is essentially the blockchain that gives user's the ability to do peer-to-peer lending without the validation of a bank or central party.
The blockchain also provides users the ability to facilitate transactions that are secured, private, and efficient. The host went into details of how data is structured on a blockchain and why this information is transparent amongst users.
Kevin describes some advantages and disadvantages of the blockchain and how it will transform the financial services industry.
There also were examples discussed of how blockchain can be use in healthcare, the food industry, the voting system, and even real estate. Also smart contracts are another innovative way to utilize the blockchain network.
Here is the link to start your own podcast:
https://www.buzzsprout.com/?referrer_id=1305358
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
This episode described the 100 year mark of The Tulsa Race Massacre of 1921. Which happened May 31st-June 1st of 1921. Also known as the Black Wall Street because of one town called "Greenwood District". This was a flourishing and prosperous city that had many black owned businesses.
The host provided insight on the tragic event of 1921 that led to $200 million dollars destroyed in the span of 18 hours. Other topics discussed were the financial impacts of the Tulsa Race Massacre, the history of this event, and strategies with utilizing group economics.
Here is the Buzzsprout link to start your own podcast:
https://www.buzzsprout.com/?referrer_id=1305358
Insightful Principles Outlet:
https://linktr.ee/insightfulprinciples
Sources:
https://www.brookings.edu/research/the-true-costs-of-the-tulsa-race-massacre-100-years-later/
https://www.history.com/topics/roaring-twenties/tulsa-race-massacre
Support the show (https://www.patreon.com/insightfulprinciples)
This episode details the importance of technical analysis when investing in stocks, cryptocurrencies, forex, etc. Technical analysis is simply looking at historical price patterns or trends within the market.
The goal is to be able to see when an asset is in an upward (bullish) trend or a downward (bearish) trend. Analyzing these price movements allows an investor to determine what will happen with price of the asset in the future.
Some common technical indicators I mention were moving day averages, support and resistance. All of this allows an investor to minimize their risk and preserve capital over the long term.
It also helps balance your emotions by sticking to your trading strategy and looking at the facts when looking through the market. Continue to rate, leave, a review, and subscribe this podcast channel!
Here is the link to start your own Buzzsprount podcast:
https://www.buzzsprout.com/?referrer_id=1305358
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Jeff Knight talked about the importance of financial wellness and establishing the fundamentals with your finances. Such as budgeting, setting up an emergency fund, saving for retirement, and managing debt.
He also described the psychologically aspects of managing money and how to develop effective habits to make better financial decisions. Other topics discuss was the future of financial services and having proper insurance planning.
Continue to rate, subscribe, and leave a review with this podcast!
Jeff Knight Outlets:
LinkedIn: Jeffrey Knight
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Anna discusses her journey with creating "Dare To Dream Financial Planning". She also described her experiences and her passion to enter into the industry.
One reason is the lack of diversity amongst black's in the financial industry. Another is because she is on a mission to help women of color and entrepreneurs build generational wealth.
We also discuss the importance of group economics and how blacks have to build their own table. The goal should be to reinvest in our communities to help bridge the wealth gap.
Please rate, subscribe, and leave a review for this podcast.
Anna N'Jie Konte Outlets:
https://www.daretodreamplanning.com
Instagram & Twitter: @anjiekonte
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
This episode discussed the landscape of NFT's and how it will changed the way we view goods and services. An NFT is simply a digital asset that represent's an item such as art, audio, photo, or even a video sports highlight.
NFT's can be bought or sold online and the underlying technology with NFT's use the Ethereum blockchain. Which simply is a network that records and distributes information between people.
Episode details how NFT's aligned with cryptocurrency, the opportunities for industries, and the platforms you can find to buy and sell NFT's. Other topics discuss were how online communities will be created with NFT's and the risks involved with investing in this space.
Here are the step's for the $70 Amazon Gift Card Giveaway:
1.Rate, leave a review, subscribe to this podcast and the Youtube channel "Insightful Principles"
2. Share this podcast on your Instagram story and tagged @insightfulprinciples and mention to subscribe to the channel.
This contest will run from May 5th-19th 2021. I will be sending the gift card to one special winner on May 20th and you can only enter into this contest once. The goal is to get to 70 subscribers on the Youtube channel by May 19th, thank you all!
Buzzsprout Link to start your own podcast:
https://www.buzzsprout.com/?referrer_id=1305358
Linktree:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Biden is proposing a plan to raise capital gains tax on the wealthy. Specifically those that make at least $1 million per year. The long term capital gains tax would potentially increase to 39.6%. Which would nearly be double than the highest current rate of 20%.
Throughout the episode I discussed how the increase would impact some investors with stocks and cryptocurrencies. I explain what Biden plans to do with the taxes, which will go mostly to the American Families Plan.
This would help with funding education and assisting with his Infrastructure Plan. Lastly I provided context of how cryptocurrencies are taxed when you sell, received them as a payment, exchanged, or convert this digital currency.
Here is the link for Buzzsprount to start your own podcast today:
https://www.buzzsprout.com/?referrer_id=1305358
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
This episode featured Zevin Clark. Entrepreneur, CEO of Bloomble and a advocate for decentralized finance are some of the words to describe him. We discuss how he was able to go from $200K in his first year of business to $10 million dollars by the second year.
Zevin explained his business model and how he is able to build a team to become more efficient with his business.
He also described his company mission to donate a billion dollars. Zevin also explained how decentralized finance will continue to grow in the future and why it won't be regulated. Please leave a review, subscribe, and rate this podcast.
Zevin Clark outlets:
Instagram: @zevinclark
https://www.bloomble.com
Insightful Principles:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
This episode featured Alex Cole. Crypto/Stock Investor, Real Estate Enthusiast, Entrepreneur, and Insurance Specialist are some of the words to describe this guest.
We discussed why it's important to stay prepared for the next financial crisis and hedging with assets in your portfolio. By hedging an existing investment by making a second investment that’s inversely correlated. Investing in cryptocurrencies is an hedge against our financial monetary system.
Alex described how Bitcoin was created as a result of the 2008 mortgage and bank credit crisis. We gave our perspective on how this technology will evolve in the FinTech field and provide more options to exchange goods and services.
Other topics discuss was investing in gold, devalue of the US dollar, and getting started in real estate with multi family properties. Continue to rate, leave a review, and subscribe to this podcast.
Here is the Buzzsprout link mention in the podcast:
https://www.buzzsprout.com/?referrer_id=1305358
Alex Cole Outlets:
Instagram: @thealexcole
Twitter: @alexlcole
Insightful Principles Outlets: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
What's in Biden's $2.3 Trillion Dollar Infrastructure Plan. I discuss the four main areas that will have a priority. Such as transportation, quality life at home, caregivers for elderly and people with disabilities.
The last area will focus on research, development, and manufacturing in the semiconductor industry. I also provided investment's that will profit in result of this infrastructure plan. Electric Vehicles (EV) and electric stations will play a prevalent role.
Broadband is another area that will have substantial funding to help provide affordable internet for everyone. Bridges, highways, and airports that are in critical need of repair will receive funding as well. Please leave a review, rate, and subscribe to this podcast.
Here is the Buzzsprout link to sign up and start your first podcast:
https://www.buzzsprout.com/?referrer_id=1305358
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
The psychology of investing is an important concept to understand. The relationship you have with money is a direct correlation between how you think, feel, and behave. It plays a vital role in the application with the psychology of your personal finances. The habits and behaviors we form as a child can translate all the way into the adulthood.
Often times we have to reprogram our thinking to form better financial habits. In this podcast, I discussed some of the psychologically traps that stops us as investors, such as money status, present vs. future self, loss aversion, hindsight, and confirmation basis.
Some of the strategies I provided was staying focus on building your net worth, visualizing how your financial goals will have an impact long term, and sticking to the fundamentals when making investment decisions.
Here is the link to start a podcast with Buzzsprout and be given a $20 Amazon gift card for signing up: https://www.buzzsprout.com/?referrer_id=1305358
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Hawa Bah is a credit specialist, tax preparer, and specializes with bookkeeping. She provided insight on improving your credit, keeping credit utilization low, and creating dispute letters for inaccurate reports on your credit.
She also gave advice on tax write-offs, business credit, and the formation of structuring a business entity. Hawa also discussed her journey into the financial services industry and why financial literacy is important amongst the black community. Please rate, subscribe, and leave a review of this podcast!
Hawa Bah Outlets:
Instagram: @newhorizonsfs & @simply_hawa
LinkTree: https://linktr.ee/HawaBah
Insightful Principles Outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Jungle Rose aka J Richardson provided steps on how he created his fashion brand and incorporated dance with his business. J got started in the business by developing clothing for his own styles.
Then he eventually provided different styles for dancers that he worked with. J provided tips on how he has leveraged his mind to not only build relationships within the fashion business but it also has translated into real estate and the stock market as well. This one was pack with valuable gems. Please rate and leave a review for this podcast.
Jungle Rose Outlets:
Instagram: @mr_junglerose & @jungle.rose.cartel
Insightful Principles Outlet's:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Jamiel provided tips and strategies for real estate investors that are looking to build a portfolio for the future. He also went into his journey of how he got started in real state with house hacking and wholesaling. Jamiel spoke on the importance of bandit signs to find motivated sellers, as well lead generation platforms to help find buyers.
We also talked about scripts and postcards when prospecting for a property. He also discussed the real estate company he founded in Detroit called "Rino Home Solutions". Listen in and leave a review and rate this episode!
Jamiel Strickland Outlets:
Instagram/Clubhouse/YouTube: @jamielstrickland
Business Page on Instagram: @rinohomesolutions
Insightful Principles Outlets: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
This episode featured Michael Blair aka Rosco No E. Rosco talked on his process of writing his first book called "Where My Falcon's At". Which details how a first generation college graduate became the first viral marketing video rapper of the 21st century at Bowling Green State University.
We also discussed the importance of intellectual property and contracts. As well as marketing and branding techniques when using social media. Rosco described how he uses merch to promote his brand and the power of leaving a legacy for your family.
Here is Rosco outlets:
Book website: https://www.wheremyfalconsat.com
LinkTree: https://linktr.ee/RoscoNo.E
Instagram, Twitter, & Snapchat: @rosco_noe
Insightful Principles Outlet's: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
Mike Swaff discussed his journey in developing "Potent Management Group" and the meaning of the brand. He also gave his perspective of the brand motto "3 steps ahead" by thinking of life as a chess move.
Mike described the processed of acquiring artists, booking shows, developing revenue, and videography. Giving back to the community and starting a foundation were other topics discussed.
Here is Mike, "Potent Mgmt Group" and "The Potential Foundation" outlets:
@mike_swaff
@potentmgmt
@potential_foundation
Please support!
Insightful Principles outlets:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
This episode featured Kristina Wilson, sports and entertainment attorney. Kristina gave insight on how she got started creating her law practice. Which is based out in Michigan and California. We also discussed the business behind sports and entertainment.
Kristina provided tips on how to get into the industry as a lawyer and how she has leverage building her skillsets within the industry. Generational wealth, intellectual property, and developing a non-profit for student athletes were other topics discussed.
Kristina Wilson outlets:
Instagram: @ktwilsonlaw
Website: http://www.ktwilsonlaw.com
Insightful Principles: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
DISCLAIMER: My content is designed for informational and educational purposes only. Please consult with an advisor or a brokerage firm when making an investment decision.
The information I give you, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance, time horizon, and be comfortable with making a specific investment decision.
Gold has been on this earth since the beginning of time. Investing in gold presents many advantages when you look at the U.S economy. I discussed how gold provides portfolio diversification and a hedge against the US dollar.
I also described how it's a hedge against inflation. Other topics were how gold has been able to store it's value during times of geopolitical and financial uncertainty. So my biggest question I leave you with is what assets do you currently have in your portfolio that hedge against the US dollar? Please leave a review, rate, and subscribe to this podcast. Thank you!
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
During this episode, Adrian described his journey with creating his brand "The Grind Season". He gave his viewpoint on leveraging his skills within his industry to create a platform where he is able to help other entrepreneurs.
We also discussed the relationship between the conscious and subconscious mind. Adrian also explained the importance of shifting your mindset to create the results you would like to see in your life and in business.
Here is Adrian platforms to connect with him:
Instagram: @thegrindseason
Email and Inquiries: contact@thegrindseason.com
Insightful Principles: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
What's the main factor that stops us from building wealth......DEBT. In this episode I went over 8 steps you can apply with getting rid of your debt. I explained the difference between the debt avalanche and the snowball method.
Budgeting, keeping your expenses low, making extra payments, and increasing your income on a monthly basis are some tips that were discussed throughout this podcast.
I also went over how you can negotiate a debt settlement. This also can help speed up your debt free journey. Take a listen and learn how you can eliminate your debt and begin your journey with accomplishing financial freedom. Please subscribe, rate, and leave a review!
Here is my LinkTree below:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
In this 35th episode, I discussed the value of this new alternative asset class. Trading in the sports card industry has seen significant growth within the pass year. There were many cards in 2020 that sold for over a million dollars and even one that sold for $5.2 million in 2021.
This industry still has the potential of growing for years to come. I spoke on the reasons why you should invest in sports cards and the different buying strategies.
This episode detailed the perspective of finding the value of your card collection and understanding what affects the card value. Lastly, I provided platforms you can start using now to invest and trade your first sports card.
Here is the link I mention in the audio for the PWC 100 Index vs. the S&P 500 comparison of the ROI between both of these assets classes: https://www.pwccmarketplace.com/market-indices
This is another website you can use to research the market of a particular sports card: https://vintagecardprices.com
My LinkTree is below, please subscribe, leave a review and rate this podcast:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
In this episode I discuss the benefits of making passive income. Tax deductions, a lower tax bill, and making income with not participating in the activity are some examples of why you need passive income. I also gave 4 main concepts of how you can make additional income for yourself.
Those were selling informational products, affiliate marketing, flipping retail products online, and receiving dividends from stocks. I also briefly went over the advantages of passive income compared to earned or portfolio income.
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In this 33rd episode, I went further into the remaining components of the stimulus package. Some of topics included funding for the transportation industry, rental assistance, child care sector, and support for small banks that serve low-income and minority communities.
The stimulus package is going in the right direction, however much of these industries will still need additional funding as 2021 rolls along. Please leave a review and rate this podcast, also support my Patreon page. Thank you!
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Welcome to another year everyone, 2021! Throughout this episode, I went over a breakdown of the stimulus package that was passed in December of 2020. It will have many implications for everyone throughout 2021. Some of those changes were direct payments and unemployment benefits.
Most of the cost of the stimulus bill went to assisting small businesses in the amount of $325 billion. The Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL) will provide funding for small business owners that have been affected by Covid 19.
Lastly, $82 billion of the stimulus will be provided for universities and K-12 schools. Which will help with remote learning and create opportunities towards low-income families seeking higher education. Leave a review and rate this podcast. Also support my Patreon page. Thank you!
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Karl Sona, investor, CEO, and an advocate for black excellence are some of the words to describe this guest. This episode detailed the importance of auditing your time and building generational wealth for yourself and your family.
More importantly Karl explained how he has been able to balance working in the medical sales field and create streams of income for himself outside of work.
We also discuss the stereotypes regarding men of color and how to overcome those obstacles. This episode is all about stepping out on faith and doing what you have been called to do!
Books that were mention throughout the episode:
1. Miracle Morning by Hal Elrod
2. Rule #1 by Phil Town
Karl outlet's to connect with his platforms:
http://karlsona.com
Insightful Principles Outlet's:
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DISCLAIMER: My content is designed for informational and educational purposes only. Please consult with an advisor or a brokerage firm when making an investment decision. The information I give you, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance, time horizon, and be comfortable with making a specific investment decision.
In this episode, Larisa describes her perspective on the future of FinTech and the cryptocurrency fields. She also went into details on the role of blockchain technology with Bitcoin and other crypto assets. We also discuss how Bitcoin has been described as an inflation hedge similar to gold.
Larisa also gave her opinion on the caution investors should take when investing in this space. Research and education were the two takeaways with this conversation. Subscribe, rate, and leave a review on this channel. Thanks!
Here is Larisa information to connect with her:
LinkedIn: Larisa Yarovaya
Website: https://larisayarovaya.wordpress.com
Insightful Principles links:
https://linktr.ee/insightfulprinciples
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In this episode, I discuss the 12 most common terms you will see with business, personal finance, and investing. Dollar-cost averaging, ROI, mutual funds, and expense ratios are just to name a few.
This is a podcast you have to listen in order to understand the language of finance. For those just learning about finance or even my seasoned investors, this content is for you. Please subscribe, rate, and leave a review on this podcast.
Here is my LinkTree and support my Patreon page:
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Maria Losano gave her perspective on where the real estate industry is going in the future and the programs available for home buyer's and seller's. She also discussed the process of becoming a realtor and explain the differences compared to a real estate agent.
We also went over the misconceptions within the real estate industry. Lastly we gave some tips on the different ways you can get into real estate and build wealth.
Ways to connect with Maria Losano:
Social media: @maria_youragent
Keller Williams Email: maria.losano@kw.com
Insightful Principles Outlet:
https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
DISCLAIMER: My content is designed for informational and educational purposes only. Please consult with a advisor or a brokerage firm when making an investment decision. The information I give you, please do your own research and become aware of the risks when making an informed financial decision. You must understand your own risk tolerance and be comfortable with making a specific investment decision.
Have you ever wondered where to start when creating a financial plan? Do you have questions on where you should focus with your financial plan? Me and Malek went in depth on where you should start first and how you can develop your plan over time.
Malek discussed the process of becoming a financial advisor and his passion for helping people manage their finances more effectively. We also explain how everyone should start with the basics. It allows you to budget accordingly and keep your expenses low so you can be able to save and invest.
This episode also included discussions around the racial disparity between African Americans and Cacusians in the financial advising industry. This is a great video to watch with expanding your thinking when approaching your financial plan.
Here are Malek outlets to connect:
Social Media: @malek21barber
Financial Advising: malek.barber@nm.com
Insightful Principles:
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In this episode, I discussed a more simplistic way to create a business plan. Most of my college professors taught me the traditional format of developing a business plan. However, creating a lean business canvas saves more time and it's a great way to build the philosophy of your business idea.
The lean business canvas focuses on nine key elements. Creating a solution for your customer segment problems and having a competitive advantage are some of the important areas I went over.
Business plans are great for entrepreneurs that are in the growth and investment stage of their business. A lean business canvas is great for those just getting started in the ideation stage with their product or service.
Below is a link to download a free pdf of the "Lean Business Canvas". You can create yours today!
https://drive.google.com/file/d/1yI3-_TeH5L-xHZ9ICNs7IDdmmoAmBR-L/view?usp=sharing
My LinkTree is attached as well and please support my Patreon page:
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In this episode, I discuss the importance of maintaining a written budget and tracking your net worth. Having a budget creates the foundation for your spending habits. As well as giving you clarity on the amount you would like to invest, save, and spend every month.
A budget holds you accountable and creates a productive habit with managing your personal finances. Essentially it allows you to see what's coming in with your income and what's going out with your expenses.
Tracking your net worth is beneficial because it gives you the ability to stay focus on your financial goals. It gives you an overview of your financial health and it emphasizes the decisions you make with your investments. Tracking your net worth also keeps you motivated on eliminating your debt and it shows the true impact of your financial decisions.
The personal capital app website is below that tracks your net worth:
https://www.personalcapital.com
Here is my LinkTree and please support my Patreon page:
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In this episode, me and David gave some actionable steps on progressing your life. We discussed the importance of your routine and self-awareness when accomplishing your dreams.
Joining a mastermind community is beneficial. Where you have accountable partners and share ideas with like-minded individual's.
David explained his journey to building his company "Elevation is a Must LLC". We talked about how to move from a scarce mindset to an abundant mindset. As well as the creative process of storytelling when building a brand.
Here is David Gibson outlet's where you can learn more about his brand and join his mastermind community: https://www.elevationisamust.com
Here is Insight Principles outlet's and please join my Patreon community: https://linktr.ee/insightfulprinciples
Support the show (https://www.patreon.com/insightfulprinciples)
In this episode, Steven joins the show and discussed how you can discover your true self. Steven explains how important it is to develop a core value system for yourself that allows you to pinpoint a location or direction for your life.
Steven also expressed how being an father allowed him to write his first book "Just For You: The Fundamentals". Which details fundamentals parents can implement with the development of their children. We also talk on branding, marketing, and trusting your process when building a business. This one was pack with value. Please lease a review and rate this podcast.
Here is Steven Lewis outlet for his links, they are all in his Instagram bio:
@iam_p.o.p
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Thank you,
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In this 22nd episode, I discussed the value of health insurance. As well as explaining the benefits of obtaining a policy that will help your health needs. I went over various options such as the differences between PPO and HMO plans.
I went over a explanation of the maximum contributions you can put into an Health Savings Account (HSA). Towards the end of the episode, I express why everyone should have a disability insurance income policy.
This episode is great for individuals and families that would like to develop financial security for themselves when deciding on a health insurance plan.
My LinkTree is below and please support my Patreon page!
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In this episode, I explain the importance of becoming a millionaire real estate investor. I gave some actionable steps that you can take to accomplish this goal. I went over the benefits of getting into real estate and how it creates passive income for yourself.
I also discuss the three dynamics of real estate investing and how the business is built off relationships with your network. I also gave some creative ways on how you can house hack and get residential financing for your properties. Here are the books I mention throughout the podcast:
“Millionaire Real Estate Investor” by Gary Keller and “Investing in Real Estate with No or Low Money Down” by Brandon Turner.
Here my LinkTree for my Youtube and support my Patreon page: https://linktr.ee/insightfulprinciplesThank you,
Support the show (https://www.patreon.com/insightfulprinciples)
In this episode, I discuss options and how it's different from trading in the stock market. Options tend to have a higher risk and a higher cost of entry. However, it's a another strategy you can use with investing and also creating another stream of income for yourself.
Throughout the episode, I explain the requirements for getting started and how the options market operates. I went over call's and put's, as well as the speculative strategies you can use to profit whether the market rises or falls.
If you could, please rate this podcast and leave a review. Here is my LinkTree to stream this content on other platforms.Thank you all for your support!
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In this 19th episode, I discussed how fiscal and monetary policies influence economic activity. I went over the differences on how the government and the federal reserve stimulate the economy. I also went in depth on examples of both fiscal and monetary polices.
I explained the Keynesian, Supply Side, and the Monetarist theories that have been developed from prior economists within our society. Continue to share this podcast and leave a review. Thanks!
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In this episode I discussed the importance of ownership. It's important to have the infrastructure in place to set yourself up for success within your business. I went over different business structures such as Sole Proprietorship's, Partnership's, LLC's, and Corporation's.
The specific Corporation's I described was C, S, and B Corp's. You'll hear about the taxes and the cost differences with each of these business structures. I also explained the process of setting up Trademark's, Patent's, and Copyright's. Which are different strategies on how you can protect your intellectual property.
I express the differences between a Trademark and a Registered Mark. Lastly, I gave examples of real world cases of how Copyright's can play out in a court of law.
Here are the requirement's for the cash giveaway. I'll be sending $50 to one special listener in a random drawing via cash app:
1st-Please share this podcast episode on your Instagram Story or News Feed and hashtag my name @kevnjenkins so I can know you did it.
2nd-You have to leave a review on the podcast platform you are using to stream this content. So either Apple Podcasts, Google Podcast, Spotify, Etc.
3rd-You have to rate this podcast from 1-5 stars. Be honest and that’s it.
Here is my LinkTree so you can be able to find the platforms and leave a review. My Instagram is on there as well. Thank you all and I’ll be announcing the winner this week.
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In this episode, I discussed fundamental analysis and why it's important when investing. When using fundamental analysis, it allows an investor to look at the outlook of an industry, the management of the company, the product lines of the company, anticipated introduction of new products, and the market share of the company.
It also gives an investor the ability to look at the financial statements of a company and see how they have done financially throughout the years. Doing the research before you put your money into a company or fund is the #1 principle when investing.
Here is my Linktree so you can watch this video on Youtube and see my fundamental analysis process when investing:
https://linktr.ee/insightfulprinciples
Thank you!
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This episode talked on the concept of vertical integration. I explained how and why your business should be vertically integrated. I described some real work examples of companies like Amazon, Netflix, and Walmart that have executed this strategy. I also went into some advantages and disadvantages of vertical integration.
Here is the book I mention in the podcast: “Law and Economics of Vertical Integration and Control” by Roger D. Blair and David L. Kaserman.
My LinkTree is also below for more ways to stream this content. Thanks!
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In this episode, I explain tax implications with earned, portfolio, and passive income. I explain capital gains and losses. Specifically how the IRS looks at it as short or long term. I clarify the differences and why you should invest from a long term perspective.
I also went into details on the forms you need to fill out if you received dividends or interest payments throughout the year. Please share this podcast with a family or friend. Here is my LinkTree so you can watch this video on YouTube and follow my Instagram for more financial content.
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This episode featured Coy Brown. Speaker, author, poet, father, husband, and an advocate for higher thinking are some of the words to describe Coy. This episode was special, we talk about the business of speaking and becoming an author. We also talked about pivoting during COVID to accelerate your business.
Coy also touch on the power of the mind and living the life you deserve. Books we recommended: Psycho-Cybernetics by Maxwell Maltz, The Power of the Subconscious Mind by Joseph Murphy, As a Man Thinketh by James Allen, and The 7 Habits of Highly Effective People by Stephen Covey
Coy Brown outlets:
Instagram: @coybrown
Email: youdeservetowin@gmail.com
Website: https://coybrown.com
Contact Info: 574-226-5983
Kevin Jenkins Outlets:
https://linktr.ee/insightfulprinciples
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This episode discusses investing in 3 sectors that have grown substantially in the last 10 years. I gave some ideas on sectors and industries that will continue to grow in the future. I also explain real world companies that you would see in a specific sector.
Lastly, I elaborated on the performance of the sectors in the recent years as well. Tune in and share your feedback. Thanks for your support!
Here is the link of all 11 sectors and an industry overview:https://eresearch.fidelity.com/eresearch/markets_sectors/sectors/sectors_in_market.jhtml
Here is the link for my Youtube and Instagram:
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In this episode we discuss cryptocurrency and the landscape of blockchain technology. John gave great advice on how companies will eventually adapt to this currency. He also explained some trading platforms for beginners that are looking at investing in the blockchain network.
John expressed how blockchain is making business processes become more efficient with their data and transactions. He also talked on the importance of educating yourself when investing in this space.
He also explained his perspective on the world moving to a digital currency space. Here is John Riley LinkedIn to connect with him: https://www.linkedin.com/in/johnprileyiii/
Here is my link tree and you will have access to watching this video on YouTube:
https://linktr.ee/insightfulprinciples
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In this episode, I discussed 4 strategies with diversifying your investment portfolio. I went into details on how you can reduce your risk and spread your money into different assets classes. I went over growth, growth and income, income, and specialized sector funds. I discussed examples of each of these funds and what these funds are invested in.
Here are the websites I mention in the video about great large blend and growth mutual funds:
https://money.usnews.com/funds/etfs/rankings/large-growthhttps://money.usnews.com/funds/etfs/rankings/large-blend
Here is my link tree where you can follow me on Instagram and watch this video on YouTube: https://linktr.ee/insightfulprinciples
Thank you all, take care!
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In this episode I discuss the $1.6 trillion student loan debt problem in America. I gave some solutions on how students and parents can manage their student loans. I also explain my advice on how students can prepare for their college education debt free and avoid taking out loans.
I also mention tax-deferred college savings accounts that can be use for a minor. Throughout the episode, I mention custodial accounts, like The Uniform Gifts To Minors Act (UGMA) or The Uniform Transfers To Minors Act (UTMA) that adults can put in place for their minors before the assets can be transferred of legal age.
Listen in and please share with others! Here is my LinkTree to watch this video on YouTube: https://linktr.ee/insightfulprinciples
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This episode discusses how insurance can be use for retirement. I explained how annuities can build another stream of income for your retirement plan. I also went into details on how business owners can establish tax deferred retirement accounts for themselves and their employees.
Those are Simplified Employee Pension IRA (SEP) and Savings Incentive Match Plan For Employees IRA (SIMPLE).
Here is the LinkTree link to watch this video on YouTube https://linktr.ee/insightfulprinciples
Thanks for your support!
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Marquan Botley and I sat down and went into details on how you can develop a basketball training business. Marquan has experience playing basketball at the high school and college level. He also had the opportunity to play overseas. However, Marquan decided to focus on building his brand with basketball and coaching.
He currently is an Player Development Coach for Lynn University and is the Co-Director for "Ball By Design". Marquan has become one of the top basketball trainers in South Florida. He trains about 35 players on his own and recently held his first Point Guard basketball camp in June.
He went into details on how much money you can make in developing your own basketball training business. We discuss the challenges in his industry and growing your brand as an entrepreneur.
Marquan Social Media Outlet's:
Instagram and Facebook: @marquanbotley
Twitter: M_Botley2
Kevin Outlet's: Instagram and Facebook: @kevnjenkins
LinkTree to watch video: https://linktr.ee/insightfulprinciples
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This episode of "The Principles" Podcast features Ahmad Springer. Barbershop Owner, Investor, Father, and a Visionary are some of the words to described this conversation. Ahmad discussed his journey with owning his first barbershop on the west side of Detroit, MI.
His passion first started with football. Ahmad was an student athlete at Lindenwood University. He played sports for most of his life both at the high school and college level. Throughout college and now Ahmad has move into another passion with cutting hair.
This episode describes Ahmad experiences working for TSA at the Detroit Metro Airport and his transition to owning his own barbershop "Blended Kutz". In 2020, Ahmad has recently added an clothing store called "Baggage Claim Boutique" where they offer high end street wear clothing. He also is the co-owner of "Afya Hair Solutions".
Ahmad expressed how he came up with this idea and the products they will be launching soon. This episode shows the discipline and patience it took for Ahmad to walk in his path with entrepreneurship. It's a testimony of following in your purpose and doing what you love!
Here is the link tree to watch video online: https://linktr.ee/insightfulprinciples
Ahmad Springer Social Media Outlet's :
@ajthebarber9
@baggageclaimboutique
@afyahairsolutions
Support Black Businesses!
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This episode features Vince Peterson. We discussed entrepreneurship and the importance of building a business. This episode describes Vince experience as an entrepreneur. He trades in the foreign exchange market. Which is know as the forex market.
We went into detail why he started investing into this market compared to the stock market. We both talk about technical and fundamental analysis when trading in the markets. Vince explained how he became a co-owner of Afya Hair Solutions.
Which is a hair and skin care line he provides for men and women. Here are the book recommendations we mentioned in the podcast. If you are looking for great books to read if you're an investor, here is the list:The Naked Forex- Alex Nekritin and Walter Peters, The Disciplined Trader-Mark Douglas, & Trading in the Zone- Mark Douglas.
If you're looking for a book that gives you insight on developing a morning routine. The Millionaire Morning by Lewis Howes is a great one.
Here is my link tree to listen and watch this video on YouTube: https://linktr.ee/insightfulprinciples
Vince Peterson Instagram is @vince_peterson2. His Instagram for Afya is @afyahairsolutions. Their website is afyahairsolutions.com. Please support black owned businesses.
Support the show (https://www.patreon.com/insightfulprinciples)
Estate planning, some of us have it, some of us don’t. The real question is what legacy do you want to leave behind? Listen in as I discuss some reasons why you need to develop an estate plan. Looking at a will or a trust can be beneficial ways to build your estate plan. I explain how you can maximize what's left behind for your family.
I also went over the differences between a will and a trust. You will understand what the probate process is and how your asset's can avoid this. Great podcast on leaving a legacy, what will be yours?
Here is the link for my Youtube video as well, please watch! https://linktr.ee/insightfulprinciples
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Listen in and learn the importance of life insurance. I discussed the differences between term and whole life policies. I explain how insurance is a transfer of risk and the reasons why you need it. I also spoke on the misconceptions with whole life insurance and why most people don't have it.
This episode explains how you can use variable or universal life insurance as an investment. Lastly I discussed how to determine how much coverage you need. Any questions can be emailed at kevinnjenkins27@gmail.com.
Here is my link tree link, please go watch the video to this episode.:
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Listen in, as I discuss fundamentals on tax-free retirement accounts, Index fund's, and ETF's. I explain my recommendations on how you should plan a long term investing strategy.
Here is the website where you scan Index Fund's and ETF's: https://etfdb.com/
Here is the Fear and Greed Index I mention in the video: https://money.cnn.com/data/fear-and-greed/
LinkTree:https://linktr.ee/insightfulprinciples
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I spoke on further solutions on how African Americans can further expand our economic footprint here in America. Discuss the tax benefits of having an LLC. Gave examples on buying black and spending black.
Lastly I explain how police departments are structured and starting conversations around systematic racism and oppression. Tuned in!
Here is the website I mention in this episode:
https://webuyblack.com/
My LinkTree is below as well.
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This 2 part series is about how African Americans can move more strategically and economically to help battle with the racial injustices we face in America. In Part 1 I discuss why we have to become owners instead of consumer’s.
I briefly spoke on why the stock market is great way to create financial freedom for yourself. I also discuss equity crowd funding and platforms you can receive more information on.
Here is the link for 10 equity crowdfunding platforms you can use for your business. https://www.moneycrashers.com/equity-crowdfunding-sites-investors-entrepreneurs/ Information regarding CDFI Fund. https://www.cdfifund.gov/Pages/default.aspx.
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