Mind of a Millionaire

As an investor, it's often easier to make long-term investment decisions by focusing on the indisputable information at hand.

Zak shares the three most impactful takeaways that he has learned from clients throughout his career as a financial advisor.

In this podcast, Zachary Bouck, CIMA, will give an overview of what a bond is, they're relationship with interest rates and inflation, they're near-term investment horizon, and alternative options for intelligent fixed-income investors.

Every year, come tax season, we receive the same question from investors: "What should I do with my tax refund?" And, every year, we revert to the usual answers.  However, this year, we felt there was a more critical factor concerning your tax return: your money's purpose. 

A little change-up from our routine financial tips and tricks, this exploratory podcast touches on clean energy as a growing investment trend: the terms, the numbers, and the potential profitability.

Benjamin Franklin said it best: "…in this world, nothing is certain except death and taxes." In this podcast, Zak discusses the potential benefits of working with a professional CPA and several tax season investment considerations that all filers should make.

Our February PRM mainly debated the current uncertain market environment. While many indicators point to a promising 2021 for equity investors, the possibility of impending doom lingers. (Not quite impending doom, but many investors are wary of the over-valued companies that significantly outperformed the benchmark in 2020.) The purpose of this podcast episode is to breakdown seven optimistic mark...

Many New Year's resolutions are lost by now, which is why we propose a Reboot Day - an opportunity for a clean start. Here are 3 habits that may positively impact your financial lifestyle.

During our monthly Portfolio Review Meeting (PRM), all Denver Wealth Management advisors meet (virtually) to discuss our holdings. We look at mutual funds, equities, bonds, real estate investments, etc., and assess their performance. Additionally, we examine items such as changes in fund managers and the cost of ownership. From there, our team combines the historical track record of each fund (yea...

A few weeks ago, a client shared an idea—or phrase, if you will—that stuck with me. Her dad had always told her, "only pay taxes once." Time is money when it comes to tax planning. Depending on your specific situation, tax-planning strategies can range from relatively simple to complex.

If you're on the right track toward your long-term retirement needs—you have no debt, you've built up at least six months worth of expenses in an emergency fund,  you're saving at least 15% for retirement (preferably more), and your estate plan is in order—it may be time to live your rich life.

It's that time again—time for our monthly Portfolio Review Meeting recap. This month, the Denver Wealth Management, Inc. Investment Committee addressed it all: coronavirus shutdowns, bonds, equities, the election, and our long-term outlook.

October has arrived, and amid a year of tremendous uncertainty, it's never wrong to plan. Whether you're planning for Halloween, which is right around the corner, or 2021 family vacations, our co-founder, Zachary Bouck, CIMA®, is here to help.

On the first Tuesday of the month, our Investment Committee meets—virtually right now—to discuss each of our portfolios and holdings. Our advisors discuss what working, what isn't, and what may be working down the road. This week, our focus revolved around growth vs. value funds, fixed-income investments, and the potential long-term impact of the Fed's fiscal policy.

This week, our co-founder and chief investment office, Zachary Bouck, CIMA®, expounds upon Nathan Barry's "Ladders of Wealth Creation." In Nathan Barry's words: "Every career starts in the bottom left [ladder] and works through each ladder over time. The higher you climb, the more you earn, but the more skills and experience you need to acquire." The Ladders of Wealth Creation are a series of step...

As you may know, the second Tuesday of every month marks our advisors' portfolio review meeting. This meeting entails all of our Denver Wealth Management advisors discussing our investments—what's working, what isn't, and what opportunities are on the horizon? Last week, our advisors discussed coronavirus and the upcoming presidential election, both of which will contribute to continued volatility...

Given the circumstances, several employers have halted their 401(k) matching programs. The question that we've received is, "shouldn't I stop contributing if there is no match?" The answer is no. If you're simply stopping because of the discontinued match, then no, it is not a good idea to stop making contributions to your employer-sponsored retirement program, and here's why.

This week, Zak is discussing four different types of "luck" and how they impact your ability to build wealth. These principals are derived from Twitter philosopher, Naval Ravikant, and translated into a financial nomenclature.

Whether you're one of the lucky few who picks the winning numbers or you benefit from a substantial windfall, there are steps that you should take prior to making large financial decisions.

As a result of coronavirus, a majority of Americans – those who remained employed – were forced to work from home. For many of us, this was a first and took some mental adjusting. However, one positive result of working from home may have been the substantial impact on your bank account. Whether from the saved gas money or lack of social experiences, chances are that you saved quite a bit of money...

It's that time again – time for the Portfolio Review Meeting. This week, Zak discusses the April market rebound, what's going on in the tech industry, and stocks vs. bonds.

This week, Zak is discussing what is being referred to as "The Great Accelerator." Our economy and workforce continue to evolve as coronavirus takes its toll. For many, this has accelerated the work-from-home culture to a more attainable reality.

This week, Zak discusses how to invest during stock market downturns. The largest long-term opportunities are often presented to investors during times like these.

This week, Zak discusses the Hammer and the Dance. In other words, the governments reaction to coronavirus, what steps will be taken to end quarantine, and what investors can be doing despite ongoing uncertainty. 

A large part of financial planning is focusing on the things that you can control. We, at Denver Wealth Management, cannot control the coronavirus. This week, Zak discusses the things we can control. As an added challenge, he won't use the word "coronavirus" throughout.