Mind of a Millionaire: Recent Episodes
Denver Wealth Management
Denver-based wealth advisors Zachary Bouck, CIMA®, Blair Braden, CFP®, and Austyn Garcia, explore the habits and routines of millionaires. This show delves into the fundamentals of financial independence, touching on investing, long-term planning, tax strategies, insurance considerations, and wealth generation.
Suitable for any level of investor, tune in to learn about addressing financial independence and creating a financial legacy.
Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Denver Wealth Management, Inc., a registered investment advisor. Denver Wealth Management, Inc. is a separate entity from LPL Financial.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our June 2025 portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
0:00 – Introduction to Podcast & This Week’s Action Items 2:32 – The Rise of AI in Investing 4:37 – Market Overview & Investment Strategies 8:31 – Retail Investor Resilience in Market Pullbacks 13:12 – The Impact of the New Retail Investor 16:39 – Investor Temperament & Staying Informed 20:41 – Long-Term Investment Outlook 24:39 – Technological Innovation & Market Trends 29:11 – Exploring International Markets & Nuclear Energy 31:57 – Public Perception of Nuclear Power 35:25 – The Future of Self-Driving Cars 40:32 – Final Thoughts on Change & Innovation
Visit www.denverwealthmanagement.com to schedule a free consultation.
In this episode, we interview Jen Boyle, a lifestyle manager. Jen founded and runs More Lifestyle Management, a successful firm that helps high-earning professionals (i.e., CEOs, athletes, etc.) manage their busy work-life schedules.
0:00 – Introduction to Lifestyle Management
3:21 – Identifying Life’s Stressors
6:16 – The Role of a Lifestyle Manager
9:30 – Establishing Systems for Efficiency
12:08 – Cost and Value of Lifestyle Management
15:09 – Creative Solutions for Busy Households
18:06 – Building Trust and Relationships
24:14 – Advice for Household Efficiency
27:32 – Unique Experiences in Lifestyle Management
30:27 – Navigating Wealth Management Connections
33:08 – The Emotional Aspect of Lifestyle Management
36:19 – How to Reach Jen
Visit www.denverwealthmanagement.com to schedule a free consultation with a Denver Wealth financial advisor.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our May 2025 portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
0:00 – Market Overview 2:56 – Investor Conversations During Market Fluctuations 6:04 – Long-Term Growth vs. Short-Term Volatility 9:04 – Income Investors & Conservative Strategies 11:46 – Interest Rates & Economic Outlook 15:04 – The Future of Technology & Job Market 18:08 – AI’s Impact on Employment & Productivity 20:59 – Action Items for Investors 24:10 – Summer Plans & Life Balance
Visit www.denverwealthmanagement.com to schedule a free consultation.
Listen to the final episode in a three-part series with special guest, Christopher Hornbaker. Christopher is an attorney at Colorado-based Davis Schilken, PC Law Offices, helping famlies navigate the often-complex estate planning process. In this episode, host Austyn Garcia interviews Christopher about charitable estate planning opportunities.
Learn more about Christopher Hornbaker and Davis Schilken, PC at www.dslawcolorado.com.
Schedule a free consultation with Denver Wealth Management, Inc. at www.denverwealth.com.
Listen to the second episode in a three-part series with special guest, Christopher Hornbaker. Christopher is an attorney at Colorado-based Davis Schilken, PC Law Offices, helping famlies navigate the often-complex estate planning process. In this episode, host Austyn Garcia interviews Christopher about creative estate planning solutions, including the highly anticipated estate tax exemption sunset in 2026.
Learn more about Christopher Hornbaker and Davis Schilken, PC at www.dslawcolorado.com.
Schedule a free consultation with Denver Wealth Management, Inc. at www.denverwealth.com.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our October 2024 portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets. We discuss the longshoreman strike, investing in China, interest rates, and the upcoming election.
Visit www.denverwealthmanagement.com to schedule a free consultation.
Listen to the first episode in a three-part series with special guest, Christopher Hornbaker. Christopher is an attorney at Colorado-based Davis Schilken, PC Law Offices, helping famlies navigate the often-complex estate planning process. In this episode, host Austyn Garcia interviews Christopher about the basics of estate planning and who needs an estate plan (Will, POAs, etc.)
Learn more about Christopher Hornbaker and Davis Schilken, PC at www.dslawcolorado.com.
Schedule a free consultation with Denver Wealth Management, Inc. at www.denverwealth.com.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our September 2024 portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
Visit www.denverwealthmanagement.com to schedule a free consultation.
Co-hosts Zachary Bouck and Austyn Garcia discuss Tim Ferriss' popular book, the 4-Hour Workweek and whether it's principles are still realistic in today's world.
Visit www.denverwealth.com for more information. Tim Ferriss' Books: https://tim.blog/tim-ferriss-books/
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our August 2024 portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
Visit www.denverwealthmanagement.com to schedule a free consultation.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our July 2024 portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
Visit www.denverwealthmanagement.com to schedule a free consultation.
Co-hosts, Zachary Bouck and Austyn Garcia discuss two phrases to help build long-term wealth. Zachary and Austyn share their stories about how these two phrases have helped and continue to help them grow.
Visit www.denverwealthmanagement.com to schedule a free consultation.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our June 2024 portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our May 2024 portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
Zak and Austyn discuss the final part of of Nathan Barry's Ladders of Wealth Creation (https://nathanbarry.com/wealth-creation/): The 8 Principles of Wealth Creation. This episode explores recounts the lessons throughout the 7-part podcast series that help on the pursuit of wealth creation.
Zak and Austyn discuss the fourth ladder on Nathan Barry's Ladders of Wealth Creation (https://nathanbarry.com/wealth-creation/): selling products. This episode explores the various products types and how to incorporate each into your business model.
Zachary Bouck and Austyn Garcia are joined by local real estate investment professional, Chris Lopez, to discuss his outlook on the Colorado market. We discuss the last 12 months and how Chris is navigating a higher-interest-rate environment and the opportunities he's looking for in 2024.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our February 2024 portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets. Austyn and Zak also delve into the decision-making process about purchasing real estate.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our January 2024 portfolio meeting, discussing what happened in the markets over the last year, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets. Austyn and Zak also delve into the decision-making process about purchasing real estate.
Zak and Austyn discuss the third ladder on Nathan Barry's Ladders of Wealth Creation (https://nathanbarry.com/wealth-creation/): produtized services. This episode explores the process of refining your business practices to repeatable quality solutions.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our December portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our Novembner portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
Austyn is joined by fellow Denver Wealth advisor, David Frum, to discuss 2024 retirement contribution updates and considerations. They discuss retirement account contribution limits, phase-outs, and the Social Security cost of living adjustment.
Co-hosts Zachary Bouck and Austyn Garcia examine a Twitter post that epidomizes one of the principal challenges on the Ladders of Wealth creation: remain at the top of your earnings power or take a step back on another ladder to increase your lifetime earnings potential.
Zak and Austyn discuss the fourth rung on Nathan Barry's Ladders of Wealth Creation (https://nathanbarry.com/wealth-creation/): running your own service business. This episode explores the transition from working for others to employing others. Leverage is also introduced in this episode.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our October portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
Zak and Austyn discuss the third rung on Nathan Barry's Ladders of Wealth Creation (https://nathanbarry.com/wealth-creation/): productized services. This episode explores the transition from salaried employment to 1099 and commissioned income.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our September portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets. Austyn and Zak also delve into the decision-making process about purchasing real estate.
Zak and Austyn discuss the second rung on Nathan Barry's Ladders of Wealth Creation (https://nathanbarry.com/wealth-creation/): time for money. More specifically, Zak and Austyn talk about what it takes to find success in a salaried position and the pros and cons.
Zak and Austyn discuss the first rung on Nathan Barry's Ladders of Wealth Creation (https://nathanbarry.com/wealth-creation/): time for money. More specifically, Zak and Austyn relive their days as hourly employees and talk about the keys to success in that role and how to move onto the next rung.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our May portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our April portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our March portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our February portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets. This week's action items include consolidating personal finances and rebalancing retirement plans.
Advisors Austyn Garcia and David Frum share a high-level overview of some changes investors can expect in SECURE Act 2.0, including the emphasis on Roth contributions and changes to the retirement landscape.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our January portfolio meeting, discussing what happened in the markets over the last year, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets. This month, real estate investing professional, content marketing guru, and, local Denverite Chris Lopez, joins the podcast to offer his insights into the local real estate market in 2023.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our December portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets. This week's action items include updating retirement plan contributions in 2023 and reviewing your goals.
Advisors and co-hosts Zachary Bouck, CIMA®, CFP®, and Austyn Garcia, recap our November portfolio meeting, discussing what happened in the markets over the last month, our approach to traditional asset allocation (cash, fixed-income, equities, and alternatives), and our general outlook for the next 6-12 months in the markets. This week's action items include Roth conversions and what to do with sidelined cash.
We are back with another portfolio review recap! On the first Tuesday of every month, our investment committee meets to discuss all Denver Wealth Management portfolios. To kick fall off, Zachary Bouck, CFP®, and Austyn Garcia, associate advisor, discuss the international market's historical return, the inevitable global slowdown we will see over the next ten years, and the importance of keeping a diversified portfolio if you choose to invest internationally.
If you have questions regarding your long-term financial plan or investment portfolio, call our office at (303) 261-8015 or request a free consultation. Our team will reach out within 48 business hours to schedule a meeting with a DWM financial advisor.
In this week's podcast Zachary Bouck, CFP®, and Austyn Garcia, associate advisor, discuss the most common mistakes made when investing in a 401K and how they interact with the inevitable swings of the market.
They explain dollar cost averaging and how it works most favorably when the market is down, the importance of a qualified default investor alternative, how to make the most of target date funds, and much more.
If you have questions regarding your own 401K investment, call our office at (303) 261-8015 or request a free consultation. Our team will reach out within 48 business hours to schedule a meeting with a DWM financial advisor.
On the first Tuesday of every month, our investment committee meets to discuss all Denver Wealth Management portfolios. We discuss YTD updates, foreseeable market challenges and make decisions on how best to adjust portfolios. This week, Zachary Bouck, CFP®, and Austyn Garcia, associate advisor, recap recent market updates, the importance of time in the market over timing the market, the predictability of the bond market, and much more.
If you have questions regarding your long-term financial plan or investment portfolio, call our office at (303) 261-8015 or request a free consultation. Our team will reach out within 48 business hours to schedule a meeting with a DWM financial advisor.
On this week's podcast, Zachary Bouck, CIMA®, and Austyn Garcia, associate advisor, discuss investor behavior and how you can potentially achieve better returns by having "better" behavior. They consider the modern portfolio theory, the importance of diversification and staying invested during a bear market, dollar cost averaging, and much more.
On the first Tuesday of every month, our investment committee meets to discuss all Denver Wealth Management portfolios. We discuss YTD updates, foreseeable market challenges and make decisions on how best to adjust portfolios. This week, Zachary Bouck, CIMA®, and Austyn Garcia, associate advisor, recap solutions for varying types of investors, the benefit of long-term investments, and the effect of investor fear & sentiment.
If you have questions regarding your long-term financial plan or investment portfolio, call our office at (303) 261-8015 or request a free consultation. Our team will reach out within 48 business hours to schedule a meeting with a DWM financial advisor.
In this week's episode, Zachary Bouck has a Q&A session with Denver Wealth Management's associate advisor, Edija Saripova. She tells stories from her Latvian background and journey to America, delves into why she became a financial advisor, gives her take on the current market and much more. Tune in to get to know Edija a little better!
Advisors Zachary Bouck, CIMA, and Austyn Garcia interview Forbes personal finance contributor, Jennifer Underwood about all things credit cards: how to use them, understanding the benefits, and the financial foundation needed before opening a credit card.
In this week's episode, associate advisor, Austyn Garcia, and DWM Chief Investment Officer, Zachary Bouck answer a listener question from Twitter - can I afford to move from Little Rock, Arkansas to Denver, Colorado? They take into account the listener's assumed income, assets, and overall life goals and give general advice to those curious about how to make their dreams of relocating come true.
In this Mind of a Millionaire episode, Zak and Austyn discuss when to fund a retirement account versus when to fund a non-retirement account. They give insight into how these types of accounts have changed over the past fifty years, what each type of account is best for, the tax repercussions involved, and how they have seen clients benefit from each type during their experience as financial advisors.
Remax Real Estate Agent, Kevin Ribbens joins Austyn and Blair on this week's Mind of Millionaire episode to discuss how to protect your real estate asset equity when going through a divorce. Kevin reviews topics such as HELOCs, the importance of inspections, insurability, clue reports and much more.
Matt Hougan, CIO for Bitwise Asset Management, joins DWM advisors Zachary Bouck and Austyn Garcia this week to let us pick his brain on cryptocurrency, ETFs, and blockchain. As one of the world's leading experts on financial technology, Matt gives us high-quality information in a world that is otherwise filled with countless red herrings.
On this week's podcast, DWM Chief Investment Officer, Zachary Bouck, CIMA, and advisor, Austyn Garcia discuss different types of investments and help listeners develop a strategy to tackle the tricky task of when to sell and when not to sell investments.
DWM Chief Investment Officer, Zachary Bouck, CIMA, and advisor, Austyn Garcia discuss the continuing rise in inflation, the Federal Reserve's plan to raise interest rates in March, and what investors can do in response.
DWM Chief Investment Officer, Zachary Bouck, CIMA, and advisor Austyn Garcia discuss the third and fourth 2022 investment themes: the inevitable rise of inflation and likely increase in worth of value stocks.
Joined by investment real estate professional, Dan Mackin, and mortgage pros, Norah and TJ Lile, we continue the dicussion on short-term real estate investing.
DWM Chief Investment Officer, Zachary Bouck, CIMA, and advisor Austyn Garcia discuss two of our four 2022 investment themes: big tech keeps getting bigger, and investing in the U.S.A.
We’re joined by real estate pros Dan Mackin, Norah Lile, and TJ Lile to discuss an increasingly popular term: house hacking. We explore the ins and outs of short-term real estate investing and the various financing options.
Our portfolio review meeting is an opportunity for DWM advisors to discuss our investments and economic outlook. This month’s discussion revolved mainly around corporate tax hikes, inflation, and supply chains.
This week, advisors Zachary Bouck and Austyn Garcia discuss seven financial checkpoints for newlyweds and couples approaching the big day. For those who don’t fall into this category, consider sharing this post with someone gearing up for their wedding. We can’t think of a more valuable gift than some good ole’ personal financial advice—truly, the gift that keeps on giving.
Zachary Bouck and Austyn Garcia discuss the in's and out's of life insurance, including the different types, who needs insurance, how to assess your needs, and how to prepare for an insurance medical exam. For insurance quotes and questions, schedule a free consultation at www.denverwealthmanagement.com.
On the first Tuesday of every month, our investment committee meets to discuss all Denver Wealth Management (DWM) portfolios. We discuss and debate what's working, what's not, and our market outlook. This week, Zachary Bouck, CIMA®, and Austyn Garcia recap: * Zachary's Recent Accomplishments and Future of the Financial Industry [1:17-6:13] * Emerging Markets and the Problem with Modern Portfolio Theory [6:13-13:04] * Rising Rates and the Impact on U.S. Corporations (Specifically Tech/Dapps) [13:04-21:17] * Is E.T. a good movie? [21:17-22:59] * Social Security's 2022 Cost-of-Living-Adjustment (COLA) [22:59-24:56] * Investing in Inflationary Environments [24:56-27:04]
If you have questions regarding your long-term financial plan or investment portfolio, call our office at (303) 261-8016 or request a free consultation. Our team will reach out within 48 business hours to schedule a meeting with a DWM financial advisor.
Zachary and Austyn discuss what it means to invest in your human capital, or your ability to earn an income. For most investors, that's your greatest asset.
We've all heard it - timeshares are not a good investment. In this episode, Zachary Bouck shares what timeshares are, why they are, in fact, a poor investment, and a little bit on the exit options.
This month, international investments were the hot topic in our PRM, specifically China. What is going on with China right now, and what should you do with Chinese portfolio holdings?
Several folks have recently asked us the same question: what should I do if I’ve received a large sum of money? Should I invest it all at once? Invest periodically? Spend it on vacation? Pay off debt? Zak examines a Vanguard study to answer just that.
I am thrilled to announce that I am a 2021 InvestmentNews 40 Under 40 Financial Advisor. This episode is all about the award and my passion for personal financial security.
In this episode of the Mind of a Millionaire (MOAM), Zak discusses an asset allocation strategy referred to as bucketing, which will help you address longevity risk and manage emotion in retirement.
Our May 2021 PRM came at an odd time—interest rates are low, stock valuations are high, and the stock market is regularly closing at new record highs. Amid the uncertainty, we want to discuss the importance of having a process when seeking new investment opportunities.
As an investor, it's often easier to make long-term investment decisions by focusing on the indisputable information at hand.
Zak shares the three most impactful takeaways that he has learned from clients throughout his career as a financial advisor.
In this podcast, Zachary Bouck, CIMA, will give an overview of what a bond is, they’re relationship with interest rates and inflation, they’re near-term investment horizon, and alternative options for intelligent fixed-income investors.
Every year, come tax season, we receive the same question from investors: “What should I do with my tax refund?” And, every year, we revert to the usual answers. However, this year, we felt there was a more critical factor concerning your tax return: your money’s purpose.
A little change-up from our routine financial tips and tricks, this exploratory podcast touches on clean energy as a growing investment trend: the terms, the numbers, and the potential profitability.
Benjamin Franklin said it best: “…in this world, nothing is certain except death and taxes.” In this podcast, Zak discusses the potential benefits of working with a professional CPA and several tax season investment considerations that all filers should make.
Our February PRM mainly debated the current uncertain market environment. While many indicators point to a promising 2021 for equity investors, the possibility of impending doom lingers. (Not quite impending doom, but many investors are wary of the over-valued companies that significantly outperformed the benchmark in 2020.) The purpose of this podcast episode is to breakdown seven optimistic market indicators, including government aid, vaccine development, corporate earnings, household savings, inflation, and interest rates. However, as noted above, we highly recommend that investors voyage through 2021 with a diversified portfolio.
Many New Year's resolutions are lost by now, which is why we propose a Reboot Day - an opportunity for a clean start. Here are 3 habits that may positively impact your financial lifestyle.
During our monthly Portfolio Review Meeting (PRM), all Denver Wealth Management advisors meet (virtually) to discuss our holdings. We look at mutual funds, equities, bonds, real estate investments, etc., and assess their performance. Additionally, we examine items such as changes in fund managers and the cost of ownership. From there, our team combines the historical track record of each fund (year-to-date, one-, five-, and ten-year earnings) with its current standing and determine an investment forecast.
A few weeks ago, a client shared an idea—or phrase, if you will—that stuck with me. Her dad had always told her, “only pay taxes once.” Time is money when it comes to tax planning. Depending on your specific situation, tax-planning strategies can range from relatively simple to complex.
If you’re on the right track toward your long-term retirement needs—you have no debt, you’ve built up at least six months worth of expenses in an emergency fund, you’re saving at least 15% for retirement (preferably more), and your estate plan is in order—it may be time to live your rich life.
It’s that time again—time for our monthly Portfolio Review Meeting recap. This month, the Denver Wealth Management, Inc. Investment Committee addressed it all: coronavirus shutdowns, bonds, equities, the election, and our long-term outlook.
October has arrived, and amid a year of tremendous uncertainty, it’s never wrong to plan. Whether you’re planning for Halloween, which is right around the corner, or 2021 family vacations, our co-founder, Zachary Bouck, CIMA®, is here to help.
On the first Tuesday of the month, our Investment Committee meets—virtually right now—to discuss each of our portfolios and holdings. Our advisors discuss what working, what isn’t, and what may be working down the road.
This week, our focus revolved around growth vs. value funds, fixed-income investments, and the potential long-term impact of the Fed’s fiscal policy.
This week, our co-founder and chief investment office, Zachary Bouck, CIMA®, expounds upon Nathan Barry’s “Ladders of Wealth Creation.” In Nathan Barry’s words:
“Every career starts in the bottom left [ladder] and works through each ladder over time. The higher you climb, the more you earn, but the more skills and experience you need to acquire.”
The Ladders of Wealth Creation are a series of steps, or rungs, that describe wealth-building journey through growing and operating your own business.
As you may know, the second Tuesday of every month marks our advisors’ portfolio review meeting. This meeting entails all of our Denver Wealth Management advisors discussing our investments—what’s working, what isn’t, and what opportunities are on the horizon? Last week, our advisors discussed coronavirus and the upcoming presidential election, both of which will contribute to continued volatility.
Given the circumstances, several employers have halted their 401(k) matching programs. The question that we’ve received is, “shouldn’t I stop contributing if there is no match?” The answer is no. If you’re simply stopping because of the discontinued match, then no, it is not a good idea to stop making contributions to your employer-sponsored retirement program, and here’s why.
This week, Zak is discussing four different types of “luck” and how they impact your ability to build wealth. These principals are derived from Twitter philosopher, Naval Ravikant, and translated into a financial nomenclature.
Whether you’re one of the lucky few who picks the winning numbers or you benefit from a substantial windfall, there are steps that you should take prior to making large financial decisions.
As a result of coronavirus, a majority of Americans – those who remained employed – were forced to work from home. For many of us, this was a first and took some mental adjusting. However, one positive result of working from home may have been the substantial impact on your bank account. Whether from the saved gas money or lack of social experiences, chances are that you saved quite a bit of money during lock-down.
Between the forced mental and financial change, a lot of folks had a taste of what retirement may look like. How was your experience?
It’s that time again – time for the Portfolio Review Meeting. This week, Zak discusses the April market rebound, what’s going on in the tech industry, and stocks vs. bonds.
This week, Zak is discussing what is being referred to as “The Great Accelerator.” Our economy and workforce continue to evolve as coronavirus takes its toll. For many, this has accelerated the work-from-home culture to a more attainable reality.
This week, Zak discusses how to invest during stock market downturns. The largest long-term opportunities are often presented to investors during times like these.
This week, Zak discusses the Hammer and the Dance. In other words, the governments reaction to coronavirus, what steps will be taken to end quarantine, and what investors can be doing despite ongoing uncertainty.
A large part of financial planning is focusing on the things that you can control. We, at Denver Wealth Management, cannot control the coronavirus. This week, Zak discusses the things we can control. As an added challenge, he won't use the word "coronavirus" throughout.
This episode comes a little early in response to the worst day in the Dow Jones since 1987. We address some of the more frequently asked questions that we have received thus far from clients.
This week, Zak is discussing the three main talking points from our monthly portfolio strategy meeting: ESG investing, the democratic primary, and the impact of coronavirus.
When should you be frugal; when should to try really hard to save money; when is it more worth your time to simply pay market/retail price for something? Sometimes it just isn't worth your time - this week we discuss.
This episode comes about a week after our February Portfolio Review Meeting (PRM). Zak discusses the election (of course), and more specifically the Iowa Caucus, emerging markets, trade war, the Coronavirus, and rebalancing.
This week Zak is discussing some recent tax changes along with the SECURE Act. Zak will touch on the what we believe to be the six most important changes and how they may affect your retirement.
This portfolio meeting was not only the first of the new year – new decade even – but the first of a new election year; which although still months away, was a big portion of the discussion.
This week, we are discussing New Years resolutions, setting S.M.A.R.T. goals, and applying systems to your life rather than goals. If you would like some assistance with your 2020 financial goals, please don’t hesitate to reach out – we would be happy to help!
This week we have a very special guest joining us, Bill Fowler. Bill is the Senior Vice President of the Daniels Scholarship Program, which is an extremely prestigious scholarship program in Colorado, New Mexico, Wyoming, and Utah. We say scholarship program intentionally as you will hear the incredible opportunities that this scholarship offers beyond the financial aid.
This week, Zak is joined by Dave Frum, another advisor in the DWM office, to take you inside our last portfolio strategy meeting of the year.
The purpose of this podcast is to help you tap into just that: the minds of millionaires. It is our goal to share the habits, routines, and choices that may lead to financial independence. With that said, one thing that is true of all the millionaires (who we know of personally). They utilize the services of a financial advisor.
Often times it’s easy to lose sight of the things we want and the things we need. The example we choose to use in the podcast is the college mindset. In college, we all live off next to nothing.
The big news in the markets right now is Federal Reserve Chairman, Jerome Powell, has announced interest rates will be decreasing for the third time this year. Here are our Chief Investment Officer, Zachary Bouck’s thoughts.
Recently, Zak stumbled upon an article on Your Penny Saver titled 16 Things You Should Do to Save Money October. One thing to be cognizant of when it comes to these save-money-now articles is how many are the real deal and how many are simply boiler plate, looking-for-content blogs? For the most part, we found this article to be useful and we’d like to share 11 of Your Penny Saver’s 16 best money saving tips for the month of October.
This week we are joined by two very special guests, Brandon and Jamie. Brandon and Jamie shared the same debt story that millions of Americans face today. What they don’t share, however, is their story of persistence and minimalism that led to paying off all of their debt and putting themselves in a position to address their ultimate financial goal of becoming millionaires.
Welcome back to another episode of the Mind of a Millionaire podcast. Two weeks ago, Zak discussed some of the awkward money conversations that many of us have been faced with in our lives. Whether it’s with a friend or family member, some financial topics are harder to address than others. This week, Zak continues to help you in your awkward money conversations.
Thank you for tuning into another episode of the Mind of a Millionaire. This week Zak takes you back inside our monthly portfolio review meeting.
This week, Blair is taking on a bit of a debated topic to many. That is: should you quit your job to stay home with young kids when faced with the costs of childcare.
Some of us are better at discussing finances than others, however, we’ve all encountered those awkward money conversations that we’d rather avoid altogether. This week on the Mind of a Millionaire podcast, Zak tackles a handful of these difficult conversations and how you can best address each situation.
While the holiday season is still three months away, it’s never too early to begin saving and planning because, let’s face it, the holidays will be here before you know it!
This week Zak takes you inside the September portfolio meeting. This meeting gives all of our advisors the opportunity to get together, discuss, argue, and bounce ideas around.
After months of studying, our very own Zachary Bouck has passed his exam and earned the new designation of Certified Investment Management Analyst (CIMA®). Hear about what that means for our firm and what that means for you!
One of the highest expenses families face is groceries. Zak has taken on the challenge to cut his family's grocery spending in half without sacrificing quality or enjoyment. Here is an update after week one.
This week we are lucky to have both Zak and Blair sharing their insights to the August portfolio meeting. Zak and Blair discuss the market in July, the economy, interest rates, and the trade was with China.
This week, Zak is making a PSA regarding the recent data hack at Capital One and discussing how you can protect yourself against identity theft.
This week, Blair is discussing his tips for making those big seasonal purchases such as boats and RV’s. Before writing the check, listen to this episode and talk with your financial advisor.
This week, Zak is discussing the three financial phases of your life, and more specifically, how you can best address each of the phases. Most people don’t understand how they should approach each of the phases. Well, Zak is here to help!
Zak takes you inside our monthly portfolio meeting where our advisors meet to discuss their economic outlook and financial strategies.
What are the affect of paying off a loan early vs. keeping the payment to help your credit score?
The market hit an all-time high, here's what our chief investment officer has to say about the present and future market behavior.
This week Zak interviews Brian of Debt Discipline. Brian shares his story of overcoming debt and tells how you can do the same.
Divorce is a somber topic, but for those going through one, it can be extremely stressful. Hopefully our divorce checklist can help you if you ever need it.
Whether you're getting married or simply combining finances with another person, Zak discussed the financial steps you need to take.
Following our previous summer savings episode we received several summer savings recommendations. Listen in for Zak's favorite frugal family activities.
This week we are lucky enough to be joined by Susie Germany, an expert estate planning attorney. Susie discusses the ins and outs of creating a trust and answers several questions that we are frequently asked regarding estate planning.
Is it true you can negotiate pay-off amount with your credit card company is you can’t afford to pay down the debt? What are some expenses college graduates tend to underestimate as they leave school and move away from home? What is our outlook for the market in May?
Women now control more than half of U.S. personal wealth. There is a growing importance for women to receive financial advice that is specific to your situation. Ashley Blanco joins us to expand on that.
This week we took a different approach and tackled a handful of the frequently asked financial questions we receive in a rapid-fire approach, including methods to purchase a new car.
With summer around the corner, we discuss our favorite, affordable summertime activities. We also talk about saving for retirement vs. investing for financial independence, as well as our favorite finance books.
We are joined by Dan Carreno of Change Finance. He shares the ins and out of socially responsible investments and how you can align your investments with your values.
Zak discusses our monthly advisor portfolio meeting and shares what insights our adivors see for 2019.
Blair is joined this week by his wife, Karen, who is the family's travel agent. Karen shares some tips on cutting costs when you travel.
Is it risky to pick your own stocks? How much time does investing take? How often should you check your portfolio? Should windfalls go to investing or paying down debt first?
How much money do you need to start investing? What are some methods to building wealth? Do you need a trust?
How should you be spending that tax refund? How can you build credit? How much money do you need to start a business? What are some creative charity opportunities? How to invest in short-term vs. long-term goals?
April 15th marks the final day to make 2018 retirement plan contributions - listen in for tax updates and tips along with information on the increased contribution limits for 2019.
This was our first international Skype interview - we are joined by Paul Gallagher, author of The Amazing Me Project. We discuss finding purpose and celebrating small financial victories.
You're getting married, now what? Blair shares the financial steps you should be taking before and after your big day that will give your new family a strong financial foundation.
We have more listener questions this week including: how to retire early, how to save for your child's college, and how to make your retirement saving last.
Not the most fun topic, but one of the most important nonetheless. Here is why you should be considering one the most overlooked types of insurance.
This week we kept a Dave Ramsey-esque approach and answered more listener questions. Check out the show notes for all of our listener questions and message us to submit your own.
This week we had the opportunity to talk with Michael Dinnich about his blog, Your Money Geek, and some of financial stick-to's that he sees successful people practice in their lives.
This week we took an approach similar to Dave Ramsey. Blair answers some questions from Mind of a Millionaire listeners. Check the show notes for the questions and feel free to send us your questions.
This week Zak shares some tips to creating and sticking to New Year's resolutions. How should you be setting investment and personal finance goals for 2019?
We are joined by Robert Farrington, founder of The College Investor. We talk about paying off your student loans along with other great financial planning advice.
This week we interview Jim Blankenship. Jim writes for his blog, Financial Ducks in a Row, along with other sources such as Forbes, The Street, and FiGuide. We talk about the habits of financially independent individuals along with social security.
This week our co-founders, Zak and Blair, share about their paths to wealth management and the story of how Denver Wealth Management came to be.