Off The Wall

Business owners: listen to this episode! Valuation expert Chris Anderson, Managing Director at Intrinsic, shares his expertise on valuing closely-held businesses for sale, succession planning, and gift and estate tax planning. He explains what a valuation is based on—and why what you think your business is worth may be different than reality. We then dive into when you need a valuation and what th...

Are you actually standing in your own way when it comes to maximizing your investment returns? Dr. Daniel Crosby, Chief Behavioral Officer at Orion, bestselling author and a behavioral finance expert, joins this episode of our Off the Wall podcast to share the psychology behind investing decisions and what investors can do to mitigate their behavior's role in managing money—or, more bluntly, how t...

Erin Hay and Ro Punyani from Monument's Portfolio Management Team join Dave Armstrong to dig under the surface of the 2021 headlines to uncover what was REALLY going on in the market and how that will impact us moving forward. They review the big 2021 takeaways so we can use history as our guide.   They cover: How to invest based off trend-following instead of predictions How to use market momentu...

Don't we all wish things would just go according the plan? But that's not life. What happens when things don't go as planned? Or if we don't actually know what our future looks like? Our guest, Terri Trespicio, says don't be wed to an outcome, which we can't control; instead be wed to something we can control: the planning. The best outcomes result from planning and preparation, and those are skil...

Looking to make a charitable impact AND save on taxes? Jessica Gibbs, CFP(R) discusses how to maximize the benefits of charitable giving, both for your personal finances and your charity of choice. Jessica shares her suggestions on how to define your charitable goals, and planning opportunities and solutions to consider that may help lower your taxes. Listen to the end where she and Dave talk abou...

Is there a way to have have both long-term growth AND the risk management of bonds and cash? In this episode, Erin Hay and Ro Punyani are back to explain Monument's Flexible Asset Allocation strategy, which strives to have less drawdown and more upside relative to a static portfolio of 60% stocks and 40% bonds. Our strategy attempts to balance limiting drawdown while participating in upside by tra...

Laws affecting trusts and estates are currently in flux. How should you be thinking about these changes? And how should you evolve your estate plan over time as laws change? Trust and estate attorney Catherine Schott Murray from Odin Feldman Pittleman joins the podcast to share a run-down of proposed estate law changes, as well as what options for reducing your gross estate will likely remain in p...

Financial success is not about following arbitrary rules of thumb or beating a market index. It's about getting the big things right so that you can win at your game, not everyone else's. Emily Harper, a CFP(R) and Partner at Monument, joins Dave and Jessica to talk about better ways to think about success. She also shares how we define "financial planning" at Monument (spoiler: it's not budgeting...

"The Psychology of Money" by Morgan Housel is an endlessly quotable book. Dave, Jessica and Ro Punyani share our favorite quotes from the book and why they resonated with us. We talk about why you should keep cash, volatility and uncertainty, the difference between getting wealthy and staying wealthy, and why you should plan for your plan to not go to plan.   Learn more about Monument Wealth Manag...

Dividend-growth stocks are not the same as dividend stocks...they're better. Ro Punyani, a member of Monument's portfolio management team, joins our "Off the Wall" podcast with hosts Jessica Gibbs and David Armstrong to explain dividend-growth stocks, their role in a portfolio, and how you can even improve on them by also incorporating momentum. Mentioned Resources: Dividend Growth Machine: How to...

Many people wonder: is life insurance a problem in search of a solution, or a solution in search of a problem?  The thing is, life insurance can be very beneficial when done right... so let's get down to it. In episode 8, insurance expert Matthew Friedson from Greenberg Wexler & Eig joins Monument Wealth Management's "Off the Wall" Podcast to share a wealth of insightful tips based on 15 years exp...

Let's take a look at the evolution of the relationship between women and finances...and how women can make sure they're thinking "like a breadwinner". In episode 7 of Monument Wealth Management's "Off the Wall" Podcast, Jessica and Dave talk with Jennifer Barrett, Head of Content at Fidelity and author of "Think Like a Breadwinner: A wealth-building manifesto for women who want to earn more (and w...

Bonds aren't boring! In episode 6 of Monument Wealth Management's "Off the Wall" Podcast, Monument's Portfolio Manager Erin M. Hay, CFA, is back to explain what bonds are and how they are affected by changes in interest rates and inflation. Listen to the end to hear Erin and Dave's thoughts on the role of bonds in portfolio strategy and their favorite bond resource: Jared Dillian's bond master cla...

What do women say they wished they'd known or started doing sooner when it comes to their finances? Jessica shares takeaways from her interviews with dozens of women, including the importance of financial literacy and why winging it isn't a strategy. https://monumentwealthmanagement.com/disclosures

We spend a lot of time talking about creating a trust and estate plan, but what happens after the plan goes into effect, and how does it get administered?  Dave and Jessica from Monument Wealth Management host Leah Del Percio, founder of Trustate, to discuss the challenges of estate administration and what you can do now to help your loved ones. Check out www.trustate.com for more info, as well as...

Did you know there are 20 decisions a poker player needs to make per hand? That's a lot of decisions! So there's definitely a thing or two (or more) that we can learn from world-class professional poker player Annie Duke. In episode 3 of Monument Wealth Management's "Off the Wall" Podcast, hosts David B. Armstrong, CFA and Jessica L. Gibbs, CFP(R) talk with our co-founder Dean J. Catino, CFP® abou...

What is the "Wall of Worry" that you hear of on the news, and what does it have to do with your wealth and investments? In episode 2 of Monument Wealth Management's "Off the Wall" Podcast, hosts David B. Armstrong, CFA and Jessica L. Gibbs, CFP(R) discuss this topic with our Portfolio Manager, Erin M. Hay, CFA and share our thoughts on finding a purpose for your wealth. Learn more about Monument W...

Get to know our hosts! In this first episode, hosts David B. Armstrong, CFA and Jessica L. Gibbs, CFP(R) introduce themselves and the purpose behind Monument Wealth Management's "Off the Wall" podcast - which is answering the questions, "What is the point of my wealth and what steps can I take to make that vision a reality?" Learn more about Monument Wealth Management at www.monumentwealthmanageme...