Payne Points of Wealth

In episode 171 of Payne Points of Wealth, we cover recent IRS changes to inherited retirement accounts and their potential impact on your financial plan. We’ll highlight potential risks, common mistakes, and steps you can take to protect your retirement savings, by reducing taxes and staying compliant with IRS rules.

Markets have been rocked by volatility after a prolonged period of calm. Since Friday, we’ve seen a significant wave of stock selloffs, largely driven by the unraveling of the once-profitable Japanese Yen Carry Trade. Bob, Ryan, and Chris break down the dramatic twists and turns that have led to the unwinding of this very risky strategy and discuss its implications for global markets and your port...

In this episode of The Payne Points of Wealth, we interview our cousin Joe Macaione, a top hedge fund insider. Joe shares his journey from the Goldman Sachs bond desk to three decades working in the hedge fund industry, covering the “wild West” early days to the Great Financial Crisis, and the subsequent regulations that followed. Joe offers insights into what makes a fund manager great, the peril...

Are money market funds dangerous for your financial health? In the latest episode of The Payne Points of Wealth, Bob, Ryan, Chris & Courtney discuss the implications to your financial health, sitting with too much money in cash, even if the interest rate is high.

Perception vs. reality on the economy It’s Episode 163 and there is a disconnect between perception of how the economy is doing vs. the numbers. We’re not in a recession, we’re in a “vibecession.” If you watch the financial news it seems everything is predicted on what Jerome Powell will say next. But we’ve noticed the overall economy is not as rate-sensitive as it used to be.  

Global growth is starting to pick up - broaden your portfolio It's Episode 162 and the naysayers are talking recession again and we've seen a bit of market selling. With all the great opportunities out there, we think it's a mistake to sell in May and go away. Global growth is picking up, China is emerging from recession, and demand for commodities like copper is surging. International markets are...

Can you feel like an entrepreneur while working for someone else? Our guest, Peter Velardi, shares why he decided to leave a 25-year career in the corporate world to venture out on his own. As a financial advisor, Peter always knew he was a natural leader. Earlier in his career, he thrived on the freedom to build teams and make things happen. However, as the firm he worked for became more corporat...

Can an engineer make a good investment manager? When it comes to our guest Bob Killen, the answer is yes. In his early years, Bob worked as an aerospace engineer at Pratt & Whitney and later at GE. For family reasons, he went on to change careers and founded an investment firm, The Killen Group where he had great success for over 55 years as an investment manager. Bob discusses how his backgro...

Maria Bartiromo made history in 1995 as the first journalist to report from the New York Stock Exchange - let alone the first female journalist to do so in a sea of suits. We are so happy to speak with her today on this episode 157 of Payne Points of Wealth.   Maria’s story is a classic American story. From an immigrant family that understood the value of hard work, this Brooklyn girl reached for...

Rotation from tech? It’s episode 156 and economic growth is expected to be close to 3% for the first quarter. Also, we’ve seen tech selling off a bit with areas like energy, materials, and commodity-based companies starting to do really well, especially with oil prices going up. “..small and mid-cap infrastructure stocks are blowing the doors off of technology in terms of performance...”  – Bob Pa...

5 companies leading the rally It seems all market sentiment is driven by what AI companies are going to do. We recorded this episode right before the chipmaker Nvidia was to announce their quarterly earnings and the hype is strong. The top 5 tech giants that are involved in AI have been leading the rally.

In this episode, Ryan and Chris talk to Ryan’s good friend and entrepreneur, Scott Tantino , who owns two running stores just outside of Philadelphia - North Wales Running Company  and All Kinds of Fast. The topics range from how Scott decided to invest in opening a running store to his work/life balance, the value of great service in retail, how he navigated the pandemic shutdown, hiring challeng...