Best In Wealth Podcast

CLICK HERE to read the First Quarter 2019 Stock Market Review

Episode #120

Investment fads are nothing new. When selecting strategies for their portfolios, investors are often tempted to seek out the latest and greatest investment opportunities. Over the years, these approaches have sought to capitalize on developments such as the perceived relative strength of particular geographic regions, technological changes in the economy, or the popularity of different natural res...

Dave Ramsey’s 7 Baby Steps Save up $1,000 to start an emergency fund. Pay off all non-mortgage debt using the debt snowball. Save up 3 to 6 months of expenses to complete your emergency fund. Invest 15% of household income into Roth IRAs and pre-tax retirement accounts. Work on college funding for children. Pay off your mortgage early. Build wealth and give!

CLICK Here to read the 2018 Annual Market Review

Why is the stock market freaking out?  Is the stock market freaking out more or less than the average year?  Find out the answers to these two questions and more in episode 116 of Best In Wealth.

CLICK HERE to read - Midterm Elections—What Do They Mean for Markets It’s almost Election Day in the US once again. For those who need a brief civics refresher, every two years the full US House of Representatives and one-third of the Senate are up for reelection. While the outcomes of the elections are uncertain, one thing we can count on is that plenty of opinions and prognostications will be fl...

CLICK HERE for Quarterly Market Review Q3 2018

Do you love your job?  If so, great!  If you don’t like your job, then listen today and become unstuck.

Are you mentally ready to retire?  Being mentally prepared for retirement is just as important as being financial prepared.  Today Scott discuss for things to think about to help you become mentally prepared for the best season of your life.

Variable annuity fees fall into the following five categories. Mortality expenses (M&E) This is a fee charged by the insurance company to provide you with a death benefit (often just a guarantee to pay out to your beneficiaries at least what was put in). This variable annuity fee can range from .50 – 1.5% of the policy value per year. Administrative expenses Many variable annuity policies have...

Tune in today to see if it is in your best interest to start investing or converting your tax-deferred money into your Roth IRA or Roth 401(k).

   

CLICK HERE for Quarterly Market Review Q2 2018

We have discussed the importance of formulating an investment strategy that is informed by financial science. But a solid market philosophy and strong research are not enough. Good ideas are not enough. An investment manager must put those ideas to work each day in a competitive market. This requires an approach that dynamically integrates the research with portfolio structure and implementation....

[smart_track_player url="http://traffic.libsyn.com/bestinwealth/BIW105.mp3" title="105 - The Results of Conventional Investing" image=" http://www. bestinwealth.com/wp-content/ uploads/2015/08/Best-In- Wealth-Podcast-Cover-150x150. jpg " color="#FE4504" social="true" social_twitter="true" social_facebook="true" social_gplus="true" social_email="true" ] Indexing offers a number of investment benefi...

CLICK HERE to view "The Results of Conventional Investing" Mutual fund research shows that conventional investing has low odds of success. Over the 15-year period ending in 2017, only 14% of stock managers and 13% of bond managers survived and outperformed their benchmarks. Said another way, 86% of stock managers and 87% of the bond managers who started the 15-year period underperformed their mark...

THE FOUR TYPES OF CONVENTIONAL INVESTING PREDICT THE FUTURE The most common approach is based on prediction and forecasting. Methods include: Picking stocks expected to perform well in the future, Moving in and out of industry sectors, or Attempting to time the market These methods are based on trying to predict the future direction of the economy, the stock market, or an individual stock. This co...

The first step to access the power of the maket is to retrain your thinking.  In this episode Scott explains in detail the one thing you need before accessing the power of the stock market.

Do you know what the four levels of family steward diversification are?  Do you know if you are diversified like a family steward. CLICK HERE to view The Case for Global Diversification

Do you want to have a successful investment experience?  It all starts with investing perspective.  Click below and download the chart and listen to episode 101 for stock market perspective. Click Here for a chart about stock market Perspective

To Bit or Not to Bit: What Should Investors Make of Bitcoin Mania? December 2017 Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios. Cryptocurrencies such as bitcoin emerged only in the past decade. Unlike traditional money, no paper notes or metal coins are invo...

Tune in today for Scott's 2017 market review. Click here for Q4 & 2017 Yearly Market Review

The financial media is drawn to catchphrases, acronyms, and buzzwords that can be sold as the new thing. FAANG (Facebook, Apple, Amazon, Netflix, and Google) is the latest of these. But does this constitute an investment strategy? For journalists, commentators, and marketers, acronyms like FAANG...

There are nine key questions every long-term investor should know.  I bet most listeners know the answer to some or most of them.  But the really confident investor knows the answer to all nine questions.