The Wealth Mindset Show

Fifty episodes already?! We are so thankful for the continued support on this podcast! On this week’s episode, Josh and Austin talk about age fifty and what that means in the financial world. They discuss limit increases on retirement accounts and answer the big question: how much should you have saved for retirement? All of this plus a dad joke on The Invested Dad’s fiftieth episode! For show not...

With the highest voter turnout and an extremely tight race, the 2020 presidential election was unlike any other! On this week’s episode, Josh and Austin do a quick recap of the election and discuss how this election affects the stock market. They also dive into some quick pandemic updates, including reasoning for why COVID-19 has more of an impact on the market than the actual election does. Liste...

Do you have a fiduciary on your side? A fiduciary is legally obligated to always recommend what is in the client's best interest, regardless of how it impacts them. Josh and Austin dig deep into this topic on this week’s episode. They discuss how a fiduciary is different from other options in the financial planning world, why it is important to have one and how to find one. All of this, plus...

Credit cards can be controversial, which makes it a good topic of this week’s episode of The Invested Dads. Josh and Austin dive into the subject of credit cards, talking about what they are, why or why not to have one, and everyone’s favorite: credit card rewards. The discussion is wrapped up with the pros and cons of opening one up and Josh and Austin discussing their personal approach to credit...

Is now a good time to refinance your home? Have you ever even considered it? On this week’s episode of The Invested Dad’s podcast, Josh and Austin dive into all the details of what is might look like to refinance a home. They discuss private mortgage insurance, interest savings, adjustable rate mortgage, home equity cash outs, and much more. Listen in to hear more about costs of refinancing, what...

Do you have disability insurance? It may be something to consider! On this week’s episode, Josh and Austin dive into the topic of disability insurance. From discussing what it is to how it works, you’ll leave this episode with a pool of knowledge on the topic. Find out details on cost of living adjustments and on finding and buying disability insurance in this week's episode of The Invested D...

What types of subscriptions do you have? Probably more than you think! On this week’s episode, Josh & Austin break down the idea of a company having a subscriptions service versus putting their products on a store’s shelves. You’ll hear them talk about why a business might decide to have a subscription and what that means for us as consumers. Listen now! For show notes, links, and a full trans...

Wanting to get to know your podcast hosts a little better? This episode does just that! Josh & Austin take a tiny step back from looking at financial topics and instead catch up on each other’s personal lives. You’ll hear them talk about their families, fun vacations, and their personal goals going forward. Of course, they couldn’t totally get away from looking at financial topics, so they dis...

Do you know what your risk tolerance for investing is? In this week’s episode, Josh and Austin discuss risk tolerance and why it matters. There are many factors in to consider including timeframe, goals, and comfort level. The Invested Dads walk through these factors, why diversification matters, and how to keep on track. Listen now! For show notes, links, and a full transcript, visit theinvestedd...

What’s the eighth wonder of the world? Listen in to find out! This week, Josh & Austin discuss the importance of investing when you are young. They discuss having an emergency fund, paying off debt, and how to practically invest your money after you start getting a steady income. The Invested Dads are passionate about young people learning this lesson, especially because it can have a huge imp...

How do you check the performance of your investments? In this week's episode of The Invested Dads Podcast, Josh and Austin sit down and have a conversation about benchmarks. They discuss the different types and answer key questions in this area and how to choose one that is right for you. This is an episode you won't want to miss! For show notes, links, and a full transcript, visit thein...

Having an investment strategy is a critical component to your long-term investment plan. This week, The Invested Dads walk through the three important factors to an investment strategy, which are time, tolerance, and goals. They then talk about what is going into these accounts, how much work is involved, and even give some tips if you are uncomfortable managing this on your own. And do not worry,...

Today Josh & Austin are providing 6 tips for the self-employed! Owning your own business can be a challenge, so today is dedicated to helping you understand some of the basic ways to help your finances if you are self-employed. You’ll hear topics like tracking expenses, dealing with taxes, retirement accounts, healthcare plans, and much more! Tune in now to hear your 6 Tips for the Self-Employ...

What bear market?! Join Josh and Austin this week as they discuss the shortest bear market in U.S. history. They’ll walk through a timeline of the bear market and the recovery process. They also discuss how this bear market compares to others historically, where we go from here, and some key takeaways from this unprecedented series of events. Listen now! For show notes, links, and a full transcrip...

On this week’s episode, Josh & Austin discuss Emerging Markets! They talk about the history of the emerging markets, associated volatility, China, how to track Emerging Markets, and ETFs and mutual funds that relate to the topic. In the end, Josh puts on his CFP® hat and gives advice for anyone looking to diversify their portfolio. For links, show notes, and a full transcript, visit theinveste...

Are you a college student that has a bunch of questions about what adulting looks like? Then this episode is for you! Josh & Austin are joined by Maddy Miller, a college student herself, who came on the show with a list of finance and investing related questions to ask. The three of them walk through questions about credit cards, paying of debt and loans, car insurance, filing taxes, investing...

What is your favorite kind of chips? For Austin & Josh, it’s either Doritos, Lays, or the small pieces of semiconducting material that’s in all of our technology today! On this week’s episode, the guys will talk you through three broad categories of chips used in technology, some applications, The Dow Theory (& the Dad Theory), and how you could possibly invest in chips to diversify your p...

What does RMD stand for? Raisin Mutation Disease or Required Minimum Distribution? Find out on this week’s episode of The Invested Dads Podcast. Josh and Austin discuss all things RMD, including tax strategies, exceptions, beneficiaries, and when to take one. They also share a dad joke and Austin tells a story about his motorcycle trip. Listen now! For show notes, links, and a full transcript, vis...

Have you ever wondered what the differences are between financial account types? Well this episode is for you! Josh and Austin discuss the three main types of accounts: taxable accounts, after-tax accounts, and tax-deferred accounts. Plus, you get a look into what investing looks like with these accounts, putting money into these accounts, how to take money out of them, and of course, the dad joke...

What is the difference between ETFs and Mutual Funds? Sometimes these terms are thrown around interchangeably, but it is important to know the key differences between the two. On this week’s episode of The Invested Dads Podcast, Josh and Austin discuss Mutual Funds and ETFs, including closed-end and open-end funds, load fees, expense ratios, and the pros and cons of each. You will not want to miss...

The Invested Dads are back with a follow-up episode to last week’s Fantasy Stock Draft. In this episode, Josh and Austin discuss owning individual stocks and what that looks like from an investment standpoint. They discuss stocks at a high-level, different types of shares, risk, over-concentration, and diversification. They also look at cost and time as factors in investing in individual stocks co...

The Invested Dads take on their first-ever fantasy stock draft! Josh and Austin each draft 10 different stocks in 10 different sectors with $100,000 (hypothetical) dollars. For the next 6 months, they will compete, and the winner will receive not only bragging rights, but delicious donuts. Listen now to see which stocks each guy picked and some other insights into investing in stocks. For links, s...

Today's episode is about the debate on buying vs. renting a home! Josh & Austin will be exploring the different factors you should be considering to help you make the decision that's best for your life situation. You'll hear discussions about the statistics of renting vs. buying, the tax and insurance impacts, the costs of renting vs. buying, and some sound advice for what you s...

Today, Josh and Austin are talking about mobile payments! Contactless and digital payment methods have become increasingly popular in recent years because they offer many benefits for consumers and businesses alike. On the other hand, there are some concerns about the effects this technology will have on spending habits. Be sure to tune in to this week's episode of The Invested Dads Podcast f...

Is debt good or bad? What drives interest rates on various types of debt? What is collateral? Should I sell my investments to pay off my mortgage? How do I pay down my debt? Which is better, the avalanche or snowball method? These are all great questions that many of us have. Tune in this week to learn what The Invested Dads have to say about all things DEBT! For links, show notes, and a full tran...