FPO&G: Financial Planning for Oil & Gas Professionals

What do we think about Do-It-Yourself Investing? In this episode, we discuss when DIY investing could make sense and the key ingredients to doing it successfully. For more information and show notes visit: https://bwmplanning.com/episode33 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Linkedin - https://www.linkedin.com/company/brownlee-wealth-management/...

Are investment returns impacted by who is in control in Washington? This podcast looks at the historical data on how presidents, congress, and election years affect the stock market. For more information and show notes visit: https://bwmplanning.com/episode32 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Linkedin - https://www.linkedin.com/company/brownlee...

In this episode, we break down a Bloomberg article talking about people making at least $250K/yr. and living paycheck to paycheck. We also talk about when living paycheck to paycheck is a good thing, the inflation of lifestyle, and the private equitization of everything. For more information and show notes visit: https://bwmplanning.com/episode31 Connect With Us: Facebook - https://www.facebook.co...

In this episode, Justin talks about short-term rentals as an investment opportunity. Real estate has made lots of millionaires, but how do short-term rentals compare to other types of real estate? What risks should you be aware of? Is real estate really a passive investment? For more information and show notes visit: https://bwmplanning.com/episode30 Connect With Us: Facebook - https://www.faceboo...

In this episode, we unpack our theory on why we think that Oil and Gas professionals are above-average investors. The cyclicality of the profession and an understanding of a business's value and risks contextualize market volatility and confirm the importance of a long-term approach. For more information and show notes visit: https://bwmplanning.com/episode29 Connect With Us: Facebook - https://ww...

In this episode, we talk about bear markets. How often do they happen? Should you change your portfolio? Are there financial planning strategies that make MORE sense to execute during a bear market? For more information and show notes visit: https://bwmplanning.com/episode28 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Linkedin - https://www.linkedin.com/...

In this episode, we talk about how to make financial planning multi-generational. Is legacy planning more than an estate plan? What are things I can do in my life today to incorporate legacy planning into my plan? For more information and show notes visit: https://bwmplanning.com/episode27 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Linkedin - https://ww...

In this episode, we talk about the case against dividend-focused investing. Why is it focusing on the wrong thing? Why dividends don't protect you in the long term? Why are dividends suboptimal from a tax perspective? For more information and show notes visit: https://bwmplanning.com/episode25 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Linkedin - https:...

In this episode, we talk about how to recreate a paycheck in retirement. How do you build a thoughtful strategy for decumulating an investment portfolio? Which account should I take assets from? What about estimated taxes? For more information and show notes visit: https://bwmplanning.com/episode24 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Linkedin - h...

In this episode, we talk about how to make financial planning multi-generational. Is legacy planning for everyone? What is wealth? Why is "spending your last dollar on your last day" a terrible idea? How does generational financial planning change how you think about your time horizon? For more information and show notes visit: https://bwmplanning.com/episode23 Connect With Us: Facebook - https://...

In this episode we talk all about deferred compensation. How does deferred comp work and how does it fit into my financial plan? What planning opportunities are available? What common mistakes do people make with these plans? For more information and show notes visit: https://bwmplanning.com/episode22 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Linkedin...

In this episode, we talk about the charitable giving and how it fits into a financial plan and a rich life. How does it impact taxes? How can you optimize charitable giving? When and what should you be giving? For more information and show notes visit: https://bwmplanning.com/episode21 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Linkedin - https://www.li...

In this episode we talk about oil & gas compensation, the great migration of oil & gas talent to tech, and what it means for oil & gas going forward. For more information and show notes visit: https://bwmplanning.com/episode20 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Linkedin - https://www.linkedin.com/company/brownlee-wealth-management/ D...

What do Elon Musk, USC football, and Honduras have in common? They’re all part of Jared’s unique story that eventually lead him to join Brownlee Wealth Management. For more information and show notes visit: https://bwmplanning.com/episode19 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Linkedin - https://www.linkedin.com/company/brownlee-wealth-management/...

In this episode we compare and contrast ETFs and Mutual Funds. Is one better than the other? Is the ETF hype warranted? Which what are the benefits and tax consequences of each? For more information and show notes visit: https://bwmplanning.com/episode18 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Linkedin - https://www.linkedin.com/company/brownlee-weal...

What do Kansas, cancer, and campus ministry have in common? They’re all part of Justin’s unique story that eventually lead him to found Brownlee Wealth Management. In this episode, we learn more about him and how our firm came to be For more information and show notes visit: https://bwmplanning.com/episode17 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=py_c Li...

In this episode, we’re trying something new and doing a lightning pod where we cover several different topics in bite-sized chunks. In this episode, we talk about what we think about I bonds, how much should be in an emergency fund, and why disability insurance is so underrated and important For more information and show notes visit: https://bwmplanning.com/episode16 Connect With Us: Facebook - ht...

While we're big proponents of Roth conversions, we wanted to review a white paper that outlined the case AGAINST Roth conversions to learn, challenge our thinking, and see where we agree/disagree. Tune it to hear what we think of the paper and wether or not it changes how we think abut Roth conversions. For more information and show notes visit: https://bwmplanning.com/episode15 Connect With Us: F...

In this episode we talk about managing concentrated stock positions. How much of a single companies stock is too much? How does Restricted Stock Units and equity compensation impact my approach? What are some tactical strategies for trimming a position once it's grown beyond your target amount? For more information and show notes visit: https://bwmplanning.com/episode14 Connect With Us: Facebook -...

In this episode we talk about the in-and-outs of life insurance for Oil & Gas professionals. What are you solving for? How much coverage do you need? What type of life insurance should I consider? How do I know when I am self insured? For more information and show notes visit: https://bwmplanning.com/episode13 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthManagement/?ref=p...

In this episode we discuss the most common mistakes we see people make when hiring an advisor. We discuss why hiring an advisor who answers your questions isn't enough, the multiple advisor diversification fallacy, how to determine who the hero of the relationship is, and delineating cost from value. For more information and show notes visit: https://bwmplanning.com/episode12 Connect With Us: Face...

How do you use investment assets to produce the income needed for retirement? How much money do you need to be financially free? How much can you take from retirement portfolio every year? In this episode we dive into all the intricacies of using your investment portfolio for retirement living. For more information and show notes visit: https://bwmplanning.com/episode11 Connect With Us: Facebook -...

In this episode we discuss what timing the market is and why it's nearly impossible to do. We cover everything from historical market returns, behavioral finance, to current valuations. This episode illustrates the importance of remaining invested and "time diversified". For more information and show notes visit: https://bwmplanning.com/episode10 Connect With Us: Facebook - https://www.facebook.co...

ANOTHER new piece of tax legislation has been proposed. While nothing is set in stone, it's really important to see what tax changes may be on the horizon. Changes to capital gains rates, income taxes rates, and the potential death of the backdoor Roth IRA are all on the table. Learn more about what is in legislators crosshairs and what you can do to begin planning for potential tax changes. For m...

Where do cryptocurrency, hedge funds, private equity, real estate, and other alternative investments fit into an investment portfolio? In this episode, we have a discussion on how alternative investments can be incorporated into an investment strategy. For more information and show notes visit: https://bwmplanning.com/episode8 Connect With Us: Facebook - https://www.facebook.com/BrownleeWealthMana...