Let’s explore the ins and outs of Required Minimum Distributions and the options you have for withdrawing from your IRA or 401(k) penalty-free. In this episode, you will discover… How can you withdraw without penalty? How can you reduce your tax burden? How to avoid a 10% early withdrawal penalty? How much can you withdraw…
What are Required Minimum Distributions?
529 Plans to Roth????
The decision to invest in a 529 plan is a no-brainer if you’re married and have or will have children in college. The money you put away while your children are young can be used to pay for their education, even if they decide not to graduate. Let’s deep dive into 529 plans to Roth!…
Do You Have Financial PTSD?
Are you one of the millions of Americans struggling with financial stress? Do you have a hard time getting out of debt, managing your bank accounts, or even accumulating wealth? If so, you are not alone. Let me share my experience as a financial advisor who once suffered from “financial PTSD” In this episode, Dave talks…
Thoughts on Bonds
Bonds seem like a simple investment, but in reality, they are quite complicated. Let’s deep dive into how your bond investments can add value to your portfolio. In this episode, you will discover… What is the upside of treasury bonds? Duration and interest rate of treasury bonds with detailed example Which is a better choice,…
Solo 401k vs SEP IRA. When should you use them?
Let’s explore some of the differences between Solo 401k and SEP IRA plans so you can decide which is right for your business. Plus, I’m going to show you some little-known facts that the IRS doesn’t tell you about the Solo 401k plan. In this episode, you will discover… What is a better option –…
Annual Update on My Financial Experiments
Do you want to know where I’m spending, how much I have, or how much debt I owe? Then tune in to this episode as I’ll be updating you all on my financial experiments and share the results of initial successes and failures. In this episode, Dave talks about… Experiment with land businesses with Partners…
Why I Hate Broker-Dealers
Does a broker-dealer try to sell you something they know you don’t need, but they make you feel like you should buy it anyway? ? This podcast will enlighten you and makes you understand what a broker-dealer environment looks like. In this episode, Dave talks about… The reason why he hates broker-dealer A little bit…
Mind the Behavior Gap
A financial market is a place where many enter and fail to find their footing. This episode will teach you how to take advantage of good markets and why you NEED to be an active trader. The market will show you great opportunities if you only know where to look. In this episode, Dave talks…
Asset Allocation
Understand the concept of asset allocation Asset allocation is a method of diversifying a portfolio by spreading investments among different asset categories. The idea behind this strategy is to paint with a broad brush while maintaining an overall risk management strategy. In this Podcast episode, Dave talks about… Financial Planning Elaborating Asset Allocation What…
First Meeting With Financial Advisor
What to expect in the first meeting with a financial advisor? The first meeting with a financial advisor is an evaluation. It’s like meeting a new doctor: the advisor has to decide what to report, what recommendations to make, and how you will be diagnosed. In this Podcast episode, Dave discusses… The 4 basic steps…