Grow Money Business with Grant Bledsoe

We dedicated this week's episode of Grow Money Business to the Monte Carlo simulation. When multiple outcomes are possible due to the presence of random variables, a Monte Carlo simulation can be used as a model to forecast their probabilities. Join us as we dive into what Monte Carlo simulation is, where it comes from, the assumptions that are used in this kind of analysis, and how much trust we...

This week's episode of Grow Money Business is all about the bond market and how it changes with inflation, high-interest rates, and an inverted yield curve. Join us as we dive into the yield curve, a possible recession in the future, money market funds, the TED spread, and more. [06.12] The yield curve – Grant starts the conversation by defining the yield curve and the reasons we care about it. [1...

We dedicated this week's episode to the ongoing news about the student loan system in the US. According to the US Department of Education, the president announced new actions to provide debt relief and support for student loan borrowers. Join us as we dive into the current situation regarding student loans, what the changes to the federal student loan system are going to be, income-driven payment...

It's been in the news recently that the rating was downgraded from the highest possible level of AAA to the next level down, AA+, by one of the three major independent organizations that evaluate creditworthiness in the US. We dedicated this week's episode of the Grow Money Business podcast to discussing what the US Debt Downgrade Means for Stock and Bond Markets. [03.13] The bond market – Startin...

This week's episode is all about Artificial Intelligence. Of all the new technologies that have been introduced to the world, AI seems to be the turning point for us. In this episode, we discuss what we think about AI, investing in AI, the possibility of AI technology getting out of hand, and more. [01:55] Open AI – Grant starts the conversation off by explaining open AI and the importance of open...

The SEC has just voted to make changes to the regulatory landscape that money market mutual funds must abide by. We dedicated this week's episode to talking about cash savings options and money market mutual funds. Join us as we dive into money market mutual funds, stress testing, swing pricing, the current state of the money market, and more. [03.18] Money market mutual funds – Grant starts the c...

Insurance is something that we consider unnecessary but that happens to be very useful in certain circumstances. Business owners take a lot of risks every day. Insurance is designed to transfer those risks to them in exchange for affordable monthly, quarterly, or annual premium insurance plans. Today on the show, Grant talks about the top five insurance coverages that business owners should at lea...

This week's episode is all about Bitcoin ETFs. It has been in the news recently that the biggest investment management companies have submitted new filings to bring spot Bitcoin ETFs to market. In this episode, we dive into the current state of Bitcoin, why we should pay attention to the Bitcoin ETF filings, and whether it's safe or not to invest in them. [03.04] What's on the market – Starting th...

This week's episode of Grow Money Business features Lee Phillips. Lee is a US Supreme Court counselor and Federal Tax Court attorney, specializing in asset protection using business structures like LLCs. He is the founder of LegaLees Corp., a company specializing in solving asset protection and tax problems for high-net-worth individuals. He has delivered over 3,000 event speeches across the Unite...

This week's episode of Grow Money Business features Dionne Perry. Dionne is an author, speaker, and board-certified Credit Consultant. Dionne has created Credit-Lit Ambassador programs to empower youth and train educators, counselors, community activists, financial advisors, and other adults on credit scoring processes. Join us as we dive into credit literacy, the FICO score, how to improve your c...

This week's episode of Grow Money Business features Jay Zigmont. Jay is a wealth specialist, and the founder of Childfree Wealth, which is a financial planning firm specializing in working with people who are childfree and plan to continue being childfree in the future. Join us as we talk about Jay's philosophy on working with childless individuals and the difference in the financial planning proc...

This week's episode of Grow Money Business features Kenneth Dettman. He is the CEO and Managing Director at EZ-ERC. He is a highly technical CPA with extensive "big consulting" tax advisory experience and was recently named an official member of the Forbes Business Council. He is known as a pioneer in the Employee Retention Credit (ERC) industry, having successfully sourced and underwritten one of...

Today's episode of the Grow Money Business podcast is all about cash. Join us as we talk about what to do with the cash in your business, how much cash you need to have in your business, the appropriate time to take cash out of your account, how you should pay yourself as the business owner, how you can take cash out in a tax-sensitive manner, and more. [02.21] A rainy day fund – Starting the conv...

Section 1202 of the Internal Revenue Code, focusing on Qualified Small Business Companies (QSBs) and their Qualified Small Business Stock, holds the key to potential tax savings of up to $10 million in tax-free capital gains when structured correctly. While not every company qualifies, it's crucial to consider this provision when buying or selling a business, as it can be a game-changer! Today, le...

This week's show is all about dividend investing, which is a popular investment strategy amongst a lot of people. In the episode, we discuss what dividend investing is, where the cash comes from, and alternatives for management, such as whether to pay dividends or hang on to the cash. We also pay attention to why the strategy can seem misplaced. [01:50] Dividend investing – Grant starts off the co...

If you're currently searching for financial assistance, you're likely aware that there is a wide array of practitioners available to help you. However, not all financial professionals are the same—they possess different expertise, work in diverse ways, and are compensated differently. In today's episode, we walk you through what you should look for in a financial advisor, exploring the factors tha...

In the past few weeks, we have been in a banking environment where lenders are running into problems that started at Silicon Valley Bank six weeks ago. Today on the show, we are going to talk about the situation of the banks, the risks, and, more importantly, what you should do if you are concerned about the viability of your bank. We will also cover FDIC insurance, what's covered and not covered...

The debt ceiling has made its way into the news recently, with reports saying that the USA has reached the federal debt limit. In today's episode, Grant is going to discuss what the debt ceiling is, the reason for having a debt ceiling in the USA, and what kind of consequences there will be if the government is unable to come to an agreement. [04.18] The debt ceiling – Starting the conversation, G...

So much of running a successful business is related to an entrepreneur's mindset. This week on Grow Money Business, we are joined by Alicia Cramer, who is a business mindset expert, a certified hypnotherapist, and a metaphysical practitioner. Alicia is also a sales and marketing consultant with an extensive business development background who helps small business owners manage their own mindsets a...

Recently, there has been a rumor circulating that the US dollar is losing its status as the reserve currency. In this week's episode of Grow Money Business, we discuss the security of the US dollar remaining the world's reserve currency, the background of the concerns, the macroeconomics of the situation, and more. [04.18] World's reserve currency – Grant starts the conversation by explaining the...

In this week's episode, our guest is Rachael Burns. She is a certified financial planner and a certified divorce financial analyst. She helps women navigate the financial intricacies of divorce and widowhood. Rachel is the proprietor and financial planner at True Worth Financial Planning. She joined us today to share her wisdom about the financial implication of getting a divorce and some things w...

This week's episode of the Grow Money Business podcast features Dohn Thornton. He is a specialist in estate planning and joined us today to share his specific strategy to help business owners and real estate investors minimize taxation on their assets. Throughout the conversation, we cover Dohn's background, the copyright story of the trust, the leaseback strategy, state taxes, and more. [03.52] D...

This week's episode of the Grow Money Business podcast features Wendy Barlin. She is an accountant for a CPA and worked in different accounting firms before starting her own firm after her move to Los Angeles. In today's conversation, we talk about minimizing business owners' taxation, handling cash, entity structure, and more. [02.22] Wendy's background – Starting the conversation, Wendy shares h...

This week's episode is all about the Silicon Valley Bank failure, which works primarily with startups. Throughout the episode, Grant discusses everything that happened in the bank, the reasons behind it, and how we should be careful about the situation as investors, depositors, or users. [05.27] Signs of stress – We start the conversation by sharing the reasons why Silicon Valley Bank is in troubl...

Since we are in the middle of tax season, this week's episode of the Grow Money Business Podcast is dedicated to basic tax principles for business owners. Throughout the episode, we dive into the difference between credit and deduction, common misconceptions about tax brackets, cash accumulation, and more. [06.10] Credit vs. deduction – Starting the discussion, Grant explains the difference betwee...