Jacob A. McClure, CIMA®, of The Personal Wealth Coach, an Independent Fiduciary Investment Advisory Firm | Fee-Only

The Personal Wealth Coach

Business EN ↓ 581 episodes

Jake McClure from The Personal Wealth Coach talks about anything and everything about Economics, Investments, Markets, History, and Life in an educational manner. More info at https://www.tpwc.com/

Author

Jacob A. McClure, CIMA®, of The Personal Wealth Coach, an Independent Fiduciary Investment Advisory Firm | Fee-Only

Episodes

Ep.108 - Part 2 - Interest Rates for Home Loans don’t Appear to be Decreasing Anytime Soon 14.05.2023 37:03

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Could There be Another Housing Market Crash like the One in 2008? @1:40 Interest Rates for Home Loans don't Appear to be Decreasing Anytime Soon @10:19 Jeff Explains How the Slow-down and Speed-up of the Economy from the Pandemic is Making Current Statistics Misleading @20:41 And more! This episode was recorde...

What Happened in the Market for the Week of May 1 - 5, 2023? 12.05.2023 20:00

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of May 1 - 5, 2023? @6:21 If the Debt Ceiling is not Raised this Month, it Could Seriously Harm the U.S. Economy @11:21 And more! This episode was recorded on May 5th, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.co...

Ep.108 - Part 1 - The Initial Estimate of the GDP for the First Quarter of 2023 by The Bureau of Economic Analysis (BEA) 09.05.2023 22:36

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What does the Global Supply Chain Pressure Index Mean, and How Long Has it Existed? @3:56 Why did We Mostly Use the Los Angeles Port During the Pandemic? Why didn't We Use Other West Coast Ports More? @13:19 The Bureau of Economic Analysis (BEA) Has Released an Initial Estimate of the GDP for the First Quarter...

Ep.107 - Part 2 - The Amount of Gold Found in Space Could Significantly Affect Gold Prices Soon 06.05.2023 38:14

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Capacity Utilization @1:12 The US Dollar is the Most Powerful Currency in the World. Is it Possible to Replace it with Another Currency or Asset? @10:04 The Amount of Gold Found in Space Could Significantly Affect Gold Prices in the Near Future @23:13 And more! This episode was recorded on April 1st, 2023. If...

What Happened in the Market for the Week of April 24 - 28, 2023? 03.05.2023 25:36

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of April 24 - 28, 2023? @4:17 Understanding Modern Banks: FDIC, Interest Rates, and Bankruptcy @12:54 In General, the Economy Shows Many Good Signs, but There are Two Threats that We See Right Now @23:31 And more! This episode was recorded on April 29th, 2023. If you w...

Ep.107 - Part 1 - Americans Leaving Expensive Cities are Causing Higher Inflation in their New Locations 30.04.2023 31:17

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Why Can't India Solve the Problem of Creating Jobs Even if Its Economy is Growing Quickly? @5:33 Americans Leaving Expensive Cities are Causing Higher Inflation in their New Locations @11:38 And more! This episode was recorded on April 22nd, 2023. If you would like to contact us, please send an email to us at...

What Happened in the Market for the Week of April 17 - 21, 2023? 27.04.2023 21:13

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of April 17 - 21, 2023? @3:58 Is Investing in Series I Savings Bonds Still a Good Option? @16:06 The Weekly Wrap-Up by Jeff @19:04 And more! This episode was recorded on April 22nd, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or...

Ep.106 - Part 2 - Comparing Medical and College Systems 25.04.2023 27:05

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Problems with Medical Coding in Healthcare. Doctors are Often Unaware of Procedure Costs @4:55 Comparing Medical and College Systems @12:33 And more! This episode was recorded on April 8th, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com You can also send...

Ep.106 - Part 1 - What is the Fed’s Reverse Repo (Reverse Repurchase Agreement)? How Much Money Can a Bank Earn From It? 22.04.2023 36:53

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What is the Fed's Reverse Repo (Reverse Repurchase Agreement)? How Much Money Can a Bank Earn From It? @6:31 The Fed Contributes Around 5% to the U.S. Federal Budget @27:31 And more! This episode was recorded on April 8th, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or...

Ep.105 - Part 2 - Does Twitter Act as a Shadow Bank? 18.04.2023 37:18

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Does Twitter Act as a Shadow Bank? @1:40 How will the US "Digital Dollar" function under the Federal Reserve? @4:00 The Labor Force Participation Rate Declined during the Pandemic @24:26 And more! This episode was recorded on April 1st, 2023. If you would like to contact us, please send an email to us at Je...

Ep.105 - Part 1 - How Can a Person Prepare for a Potential Debt Ceiling Default? 15.04.2023 31:52

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: How Can a Person Prepare for a Potential Debt Ceiling Default? @5:48 The Common Misconception: The Federal Reserve is Not a Government Agency @ 15:31 Understanding Shadow Banking Systems @21:30 And more! This episode was recorded on April 1st, 2023. If you would like to contact us, please send an email to us...

Ep.104 - Part 2 - More People Believe Their Children Will Have Worse Financial Outcomes Than They Did 13.04.2023 40:27

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: A Survey in Behavioral Finance Found that More People Believe Their Children Will Have Worse Financial Outcomes Than They Did @1:59 Our Perception of Success and Failure @16:35 Banking Regulations and Portfolio Hedging Can be Explained More Simply by Using a Seat Belt as an Example @26:30 And more! This episod...

What Happened in the Market for the Week of April 3 - 6, 2023? 11.04.2023 30:33

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of April 3 - 6, 2023? @6:42 Home Prices in the U.S. Experienced a Seventh Consecutive Monthly Decline in January @13:14 Electric Vehicles Could Become More Popular than Cars with Internal Combustion Engines When it Becomes More Affordable to Buy an Electric Vehicle @24:...

Ep.104 - Part 1 - Differences Between the Debt Ceiling and a Bank Bailout 09.04.2023 38:41

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: The Debt Ceiling is a Political Issue that Affects the Government's Ability to Borrow Money, While a Bank Bailout is an Economic Issue that Seeks to Prevent a Specific Bank From Failing @5:39 How Would the Debt Ceiling Affect the Real World? @32:26 And more! This episode was recorded on March 25th, 2023. If y...

Ep.103 - Part 2 - Why it Seems Unlikely that More Banks Will Fail 07.04.2023 32:35

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Could Things Have been Different, if the Banks Hedged their Portfolios Against their Balance Sheets? @2:04 The Port of Los Angels is no longer the Largest Port for Importing Goods into the U.S. @15:12 It Seems Unlikely that More Banks Will Fail @23:05 And more! This episode was recorded on March 18th, 2023. I...

What Happened in the Market for the Week of March 27 - 31, 2023? 05.04.2023 31:09

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of March 27- 31, 2023? @6:23 It is Important to Save Money During Good Times, Not Only During Bad Times @19:21 And more! This episode was recorded on April 1st, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com You c...

Ep.103 - Part 1 - History of the U.S. Banking System, Explained 02.04.2023 36:24

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: How to Value an Item and Mark to Market, Simplified @4:00 History of the U.S. Banking System, Explained. @14:20 Is it ok to Tell People Online to Switch From a Bank that Might Fail, or is it against the Law? @27:00 And more! This episode was recorded on March 18th, 2023. If you would like to contact us, pleas...

What Happened in the Market for the Week of March 20 - 24, 2023? 31.03.2023 19:57

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of March 20 - 24, 2023? @5:00 And more! This episode was recorded on March 25th, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com You can also send a message to us through the contact form on our website https://www...

What Happened in the Market for the Week of March 13 - 17, 2023? 29.03.2023 21:42

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of March 13 – 17, 2023? @4:00 Will Bank Failures Lead the Fed Hold Off on Interest Rate Hikes? @11:15 And more! This episode was recorded on March 18th, 2023. If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com You can also...

Ep.102 - Part 2 - What Will Happen to the Small Companies that Had Money or Funds Invested in Silicon Valley Bank? 28.03.2023 39:00

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: More Surprising News May Come in the World of Cryptocurrency and Venture Capital @2:26 What Will Happen to the Small Companies that Had Money or Funds Invested in Silicon Valley Bank? @9:55 Historical Events have Demonstrated the Risks of Investing in a Single Premium Deferred Annuity @14:30 The Latest Jobs Re...

Ep.102 - Part 1 - A Failure of Silicon Valley Bank: What Happened to SVB? 23.03.2023 39:41

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: A Failure of Silicon Valley Bank: What Happened to SVB? @5:25 What Caused the Savings and Loan Crisis to Happen in 1991 and 2008? @26:22 Purchasing Power Parity (PPP), Explained @27:43 What are Common Types of Government Subsidies? @31:20 And more! This episode was recorded on March 11th, 2023. If you would l...

Ep.101 - Part 2 - ChatGPT is One of the Biggest Changes in Social Economics 21.03.2023 42:32

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: Germany Experiencing High Inflation Show that Stimulus Checks Didn’t Cause Inflation in the U.S. @1:25 Prices of High Demand Items Such as Electronics are Likely to Decrease @8:50 The United States is Experiencing a Serious Shortage of Electricians @12:00 ChatGPT is One of the Biggest Changes in Social Economi...

Ep.101 - Part 1 - How Long Are the Interest Rates Likely to Remain High? 18.03.2023 28:27

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What kind of Strings are Attached to the CHIPS Act of 2022? @6:12 Make Sure to Study and Gather Information about Index Funds @14:47 How Long Are the Interest Rates Likely to Remain High? @18:33 The Purchasing Managers’ Index (PMI) Provides Valuable Information about the Economy’s Direction in the Coming Month...

What Happened in the Market for the Week of March 6 - 10, 2023? 16.03.2023 20:02

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of March 6 – 10, 2023? @5:15 The Corporate Bond Market is Behaving like the Economy is Doing Really Well, While the Treasury Bond Market is Acting like a Recession is Coming Soon @13:57 And more! This episode was recorded on March 11th, 2023. If you would like to conta...

What Happened in the Market for the Week of February 27 – March 3, 2023? 14.03.2023 30:19

Welcome to another episode with Jeff and Jake McClure from TPWC! Topics in this episode: What Happened in the Market for the Week of February 27 – March 3, 2023? @6:02 The Recent Inversion of the U.S. Treasury Yield Curve Might Have Different Consequences than Previous Ones @13:57 The Differences Among Notes, Bills, and Bonds @ 19:59 The United States Has Become One of the Largest Exporters of bot...