Cover Your Assets KC Podcast

Ready to learn some financial terms? David unpacks four financial terms and how they may relate to your financial plan.   Read more and get additional financial resources here: https://coveryourassetskc.com/ep-124-4-terms-from-the-financial-dictionary/     What we discuss on this episode:  1:59 - What is overbought in the stock market? 6:16 - What is P/E ratio? 12:11 - What is a quitclaim deed? 14...

Ironically, life insurance is a young man’s game. The perception among many people is that the need for a policy dramatically decreases or become completely unnecessary as you get older. But is that really the case? Today, we’ll explore the ins and outs of life insurance and its various uses when it comes to planning.   Read more and get additional financial resources here: https://coveryourassets...

Are you divorced and wondering about spousal Social Security benefits in retirement? David shares seven things you need to know about the benefits and what they might look like on today’s podcast.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-122-how-to-claim-social-security-benefits-of-an-ex-spouse/     What we discuss on this episode:  0:49 - What...

If you’ve found a good stock, how much is okay to invest in it? David answers this question from the mailbag, as well as three others related to when to retire and the stability of Social Security.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-121-how-much-should-you-invest-in-one-stock/     What we discuss on this episode:  0:57 - Mailbag: Is it no...

When financial planning, what do you need to know about inherited IRAs when it comes to leaving a legacy? What is most beneficial to your heirs in the future?   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-120-whats-changed-with-inherited-iras/     What we discuss on this episode:  2:34 - In the last few years a lot has changed with inherited IRAs.  ...

As March Madness came to a close, we wanted to have a little fun and talk about what basketball and financial planning had in common. Is your financial plan ready for its one shining moment?   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-119-basketball-and-financial-planning/     What we discuss on this episode:  2:08 - What can we learn about retire...

Are you assuming when it comes to your financial plan? Let’s talk about what common assumptions people have and how to properly plan and prepare for retirement.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-118-things-you-should-never-assume-in-the-financial-world/     What we discuss on this episode:  4:37 - Do you assume you’ll spend less in retir...

On the lookout for mutual funds with high returns because you’ve heard it’s possible? David answers three questions from the mailbag in today’s show as you make financial decisions.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-117-where-can-i-find-mutual-funds-with-10-percent-returns/     What we discuss on this episode:  1:22 - Mailbag: Will my So...

Have you given much thought to taxes in retirement? What can you do to prepare effectively for what the future may hold?   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-116-4-steps-to-help-you-plan-ahead-for-taxes-in-retirement/     What we discuss on this episode: 0:37 - David is back in town! 4:05 - Why is it important to plan ahead for taxes? 6:17...

What is your financial foundation? Every financial house needs a strong foundation. Whether you are just starting out or already into retirement, you want a firm and healthy foundation. On today’s episode of Cover Your Assets KC, David talks about the five keys you’ll want to build your financial base.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-1...

This or that? Which is better? David answers three mailbag questions that ask what to do while trying to make wise investment decisions.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-114-save-up-for-rental-property-or-pay-off-house/     What we discuss on this episode:  0:26 - Feeling ready for spring? 2:04 - Mailbag: Pay off the house or save for a...

If you’ve ever invested, you’re at least familiar with capital gains, but do you understand how much they impact your future? Today we’ll tell you five things that you need to know about capital gains and how to account for them when investing.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-113-5-things-to-know-about-capital-gains/     What we discus...

What risks might you encounter when it comes to your finances? How prepared are you for what may come? Find out more about the different types of risk and how to account for them in planning.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-112-types-of-financial-risk-to-watch-out-for/     What we discuss on this episode:  0:30 - Is David a risk-taker?...

What just happened with GameStop, causing a wild week on Wall Street? Today on the podcast, David gives an explanation of what GameStop is, why its stocks soared, and what we can learn from the situation .   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-111-the-story-behind-gamestop-stock/     What we discuss on this episode:  0:29 - David shares what...

Have you started working on your financial resolutions yet? What kind of questions have delayed you from reaching your goals? Today we’ll provide answers to help you stay on track financially this year.     Read more and get additional financial resources here: https://coveryourassetskc.com/episode-110-financial-resolutions-answering-your-questions/     What we discuss on this episode:  1:31 - Mai...

Does your portfolio contain these three qualities? How can you create a balanced portfolio Today we’ll talk about some foundational principles that David’s business and financial security are built on.   Show notes and additional financial resources: https://coveryourassetskc.com/episode-109-sly-safety-liquidity-and-yield/     What we discuss on this episode:  0:41 - What are the three qualities o...

What can we learn from these retirement statistics? Sometimes the data available can help guide you and your decisions when it comes to planning for retirement. On today’s episode of the Cover Your Assets KC podcast, we discuss five important statistics you’ll want to keep in mind.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-108-5-important-retire...

Ready to hit the ground running with your financial resolutions? David gives a list of seven things to cover in this two-part series.   Check out part 1 here: https://coveryourassetskc.com/episode-106-2021-financial-new-years-resolutions-part-1/     Read more and get additional resources here: https://coveryourassetskc.com/episode-107-2021-financial-resolutions-part-2/     What we discuss on this...

As we kick off the new year, let’s look to some financial resolutions. Have you set resolutions for the year yet or are you feeling a bit of the 2020 burnout? These resolutions are really important to your financial future--so important, that this will be a two-part series. Hopefully by the end of January, you have all seven of these action steps nailed down.   Read more and get additional financi...

What can you still do before the year ends? David talks through four strategies that you’ll want to consider before the clock strikes midnight on December 31.   Read more and get additional financial resources here:  https://coveryourassetskc.com/episode-105-no-democratic-sweep-final-tax-strategies-of-2020/   What we discuss on this show:  0:23 - This is our final show of 2020. Ready for 2021! 3:4...

What will happen to Social Security? Can you plan on it as a part of your retirement plan? How can you set realistic expectations for what’s to come? We’ll talk about this important piece of income planning.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-104-are-you-counting-on-social-security/     What we discuss on this show:  1:13 - Should you cou...

Wondering what to do with your financial plan but don’t want to later regret it? Here’s a few things people never seem to come back and complain about.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-103-things-nobody-says-about-their-financial-plan/     What we discuss on this show:  2:05 - What are some things nobody says? 2:35 - “I regret putting m...

We cover one of David’s favorite topics while answering three questions from the mailbag today. From Roth conversions, investment choices, and pension decisions, we’ve got you covered when it comes to retirement planning.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-102-whens-a-good-time-for-a-roth-conversion/     What we discuss on this show: 0:58...

A lot has happened this year, particularly in the past few weeks. As 2021 approaches, how do we need to prepare? What’s significant about changing from one year to the next? What financial moves do you need to make now?   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-101-end-of-year-financial-planning/     2:17 - 2021 is around the corner. 4:07 - Tax...

How do you know when you have enough saved for retirement? How do you know when there’s enough left over to do something else like travel or take on a home renovation? We’ll answer your mailbag questions on today’s episode.   Read more and get additional financial resources here: https://coveryourassetskc.com/episode-101-can-we-afford-to-do-this-and-still-have-enough-for-retirement/     What we di...