The Personal Wealth Coach

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about What happened in the market? @8:15 a question about this Rare Bond-Market Inversion and what it might mean for inflation @20:36 Negative GDP growth (we call it shrinkage) @34:10 Predictions on the Economy, Inflation, and GDP @35:28 $15 minimum wage @39:02 How can GPD grow so much when ship...

Welcome to another episode with Jeff and Jake McClure from TPWC! Infrastructure wins and losses in Texas @2:00 Home title fraud or identity theft @15:22 Macro look: Midwest is recovering fast @20:13 Good news on COVID-19 @26:37 Tariffs are not going away @28:46 Inflation expectations @35:50 What we know about Stimulus checks @42:49 And more This episode was recorded on February 20th, 2021.  If you...

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about Market Report @4:10 Yield Curve @9:03 Why we talk about what is going on oil and bond market @13:27 Discussion on supply chain issues for rare-earth minerals/metals @14:49 The dangers and difficulties of having your mortgage hacked (question from listener) @29:00 Production and Supply Repo...

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about Chip shortage @1:52 Our infrastructure is falling behind @11:34 GDP and Unemployment forecast for 2021 @19:47 When will Covid-19 be over? @20:50 It’s been about 100 years since the last pandemic, will the next pandemic be better or worse for our economy? @27:26 Spam text messages @34:00 An...

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about 1. What happened in the market this week? @9:15  2. GameStop no longer makes the headlines @15:00 3. What are ETFs? @18:30 4. Oil price forecasts for 2021 @25:16 5. Covid-19 update @27:39 6. 401K and protections from hacks @30:00  and more! This episode was recorded on February 13th, 2021....

Enjoy another exciting episode by Jeff and Jake from The Personal Wealth Coach as they talk more about Robinhood.    More on how Robinhood is making money with their "commission-free" policy @1:30 Q.1: What happens if the regulators don’t allow payment for order flow? What is the impact on the market?  @5:42 Scary data on customers of Robinhood @9:21 Unemployment rate and minimum wage @11:53 Q.2:...

“Bull market makes geniuses out of all of us but bear markets shows us for the fools we really are” Jeff McClure   Enjoy another exciting episode by Jeff and Jake from The Personal Wealth Coach as they explain the scam "pump and dump."    Fantastic questions from listeners are as follows.  1. "what is yield in Finance?"  @24:42 2. "Harry Dent says we should take a cash position as this bubble may...

Welcome to another episode with Jeff and Jake McClure from TPWC! In this short timely episode, Jeff and Jake talk about market manipulation by using GameStop as an example.  This episode was recorded on February 13th, 2021.  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 (tpwc.c...

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about 1. The Real Estate Market (what's causing house prices to go up) @18:40 2. Trivia about FICA (Federal Insurance Contributions Act) @35:10 3. What Jeff and Jake have learned about timing the market @16:40 and @31:20 and more! This episode was recorded on January 23rd, 2021.  If you would li...

An important lesson from this episode: “The timing  of your big investments and withdrawals in the market, even when you think the market is underpriced or overpriced, should only take place based on your long-term strategy” by Jake McClure   As always, Jeff and Jake from The Personal Wealth Coach talk about the market and answer the following questions from listeners.   Market updates @5:27 “The...

Enjoy another exciting episode by Jeff and Jake from The Personal Wealth Coach.     What do we know about how people are spending their stimulus check @9:15 “How old is the nationwide power grid? What will be the upgrading cost?”  @11:44 Government spending on Infrastructure on the internet, electric cars, and more @22:40 The good and bad news about Covid-19 @33:40   This episode was recorded on J...

Enjoy another exciting episode by Jeff and Jake from The Personal Wealth Coach as they discover what really happened to GameStop.    Exciting questions from listeners are as follows.  1. "Should I bail out the market because everyone is saying the stock market will crash soon?" @41:01 2. "Should I buy a house with cash or low-rate mortgage and invest that cash in the market?" @42:11 3. "Why has th...

Enjoy Market Updates by Jeff and Jake from The Personal Wealth Coach.   Exciting questions from listeners are as follows.  1. "What happened to the 2020 global initiatives to reduce the dependence on China in our supply chains?  2. "Which country has the largest industrial capacity? Is it greater than the rest of the world combined?"  An important lesson from this episode is "Ownership is how you...

Jeff and Jake from TPWC, enjoy talking about a wide variety of topics in this episode. Topics you can find in this episode are as follows.  1. Should I stay away from municipal bonds?  2. The reason why house prices are so high. 3. FAA (Federal Aviation Administration) approved drones to fly to deliver packages without someone's monitoring.    This episode was recorded on January 16th, 2020.  **Th...

Jeff and Jake from The Personal Wealth Coach talk about the gold standard and whether gold is a hedge to the U.S. dollar. Questions about LIBOR? What about SOFR? They are both discussed in this episode. This episode was recorded on January 2nd, 2021.  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...

Jeff and Jake from The Personal Wealth Coach discuss whether we should go back to the gold standard and how to make good decisions with your finances.  A listener asked, "Is King Dollar dead?" Hear the answer from Jeff and Jake! This episode was recorded on January 2nd, 2021.  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...

Welcome to The Personal Wealth Coach Podcast by Jeff and Jake McClure! On this podcast, our intention is to talk about anything and everything about economics, finance, market, investment, and sometimes even about life with the hope to excite your lifelong learning journey. More info at https://www.tpwc.com/ This trailer was created to show how much fun we are. Yes, we are indeed very funny and ho...

Jeff and Jake from TPWC are finishing 2020 strong by giving a preliminary prediction on the 1st quarter of the US 2021 GDP.  In-depth conversations about the newest member of the Federal Reserve and similarities found between the Spanish Flu and the Coronavirus.  An important lesson from this episode: "History doesn't repeat itself, but it rhymes" by Mark Twain.  This episode was recorded on Decem...

Jeff and Jake from TPWC, discuss our economy being sick with the virus or sick from fear of the virus and take some Q&A.  They also present the reality of Covid-19 from both Macro and Micro perspectives. The following questions are answered. "Who would pay billions of dollars for a millisecond of trading speed and why? What is the invisible tax to investors? " and "More and more people are trading...

Jeff and Jake from The Personal Wealth Coach talk about Tesla and what parts of the market are overpriced and if any areas still underpriced.  Do we like Tesla as an investment? or do we like them as a company?  This short episode was recorded on January 2nd, 2021.  **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  

Jeff and Jake from TPWC, talk about the Economy's "K" shaped recovery and take some Q&A.  The "K" shaped recovery explained? What will happen if the gasoline tax revenue keeps declining as people are switching to electric cars and using less petroleum?    This episode was recorded on December 12th, 2020.  If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com...

Jeff and Jake from TPWC talk about weekly market updates and answer several questions such as "What is the IPO process?", "Who gets to buy the initial shares?", and "What is the minimum or maximum income amount which individuals will have to pay back their portion of the OASDI (Social Security payroll tax holiday) payment to the treasury starting January 2021?"  Curious to know their answers? Enjo...

Jeff and Jake from TPWC are back to talk about what investing actually is. Quotes from this episode: "investment means you become something else, something bigger, and something greater" and "reliable profit comes from adding value that people wish to buy" by Jake McClure.   This episode was recorded on December 9th, 2020.  If you would like to contact us, please send an email to us at Jeff@tpwc.c...

Another custom-designed podcast episode is here! Jeff and Jake from TPWC are here to talk about Traditional IRAs, Roth IRAs, converting, and rolling over. Roth IRAs and Traditional IRAs are very important but rarely explained in detail.  This episode was recorded on December 2nd, 2020.  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...

Welcome to our first custom-designed podcast episode! Jeff and Jake from TPWC explain the impact of the 2020 US presidential election on the markets.  This episode was recorded on October 28th with the intention of being posted before the election. However, due to a technical error, it was delayed but it is available now.  **The information we are presenting during the podcast is for educational p...