Wealthy Behavior

Holiday parties and planning are in full swing! As a host, what should you serve your thirsty guests? You want to be a gracious guest, what should you bring? Burgundy, Bordeaux, or bubbles? What’s up with the bourbon craze? Have limited budget? What should and shouldn’t you spend it on? We are joined by Gordon Fine Wines & Liquors , Ken Gordon, Owner & Spirits Buyer, and Chelsea Bell, a Ce...

Month to month the markets have been performing differently, but throughout 2022 the story has remained the same. Inflation is high, the Fed is fighting inflation by raising rates - it’s surprising the markets are so sensitive and seem to be getting surprised by this repetition.  In this market update, Sammy Azzouz and Heritage Financial’s CIO, Bob Weisse, discuss the future of large rate hikes, w...

As Heritage Financial’s Director of Financial Planning, Ed Jastrem is no stranger to hearing and reading outlandish financial “advice” such as don’t use a 529 plan because it will lower your financial aid, or pay off all your debt before investing, and use life insurance for tax free investing. Not all these statements are black and white. There may be some truth to them, but you can’t take them a...

Though summer has ended, investors felt the heat during September’s mini meltdown. In this episode host, Sammy Azzouz, and Heritage Financial’s CIO, Bob Weisse, discuss what rattled the markets, the glimmers of hope that are beginning to appear, and… - The Feds olive branch to the markets - Why overshooting the correction is better than coming up short - The U.K.’s startling currency crash after t...

Host Sammy Azzouz gets an inside look at the wild ride of storied bond shop, PIMCO, with guest Mary Childs , author of The Bond King. Sammy and Mary talk candidly about the lessons that individual investors can take away from the highs and lows of the Bill Gross/PIMCO story, from the genius of Bill as a trader and how he saw the great financial crisis coming before most, to his fame in becoming a...

For much of August, markets were heating up in the wake of a relatively favorable earnings season. But the August rally ended following Fed Chairman Powell’s bearish comments and foreshadowing of economic pain to come, which caught the markets off guard.   Markets are volatile with some pessimism mixed in, but we don’t see a lot of overreaction and panic today. So what should investors do? That de...

While global stocks and bonds have struggled so far in 2022, hard assets with contractual cash flows have done well and will probably continue this path so long as inflation is elevated. What are “hard assets with contractual cash flows”? And how do you invest in them? Versus Capital Chief Investment Officer, Casey Frazier , explains it all on this episode of Wealthy Behavior. We'd love to hear fr...

July’s market moves seemed paradoxical - a recession becomes more likely, yet stocks rose during the month. Investor concerns are shifting from inflation being the top concern to the anticipation of an economic recession.  - Can the fed get inflation down to a good place without sending us into recession? - What does the market want to see with the economy and inflation numbers? - If we go into re...

In honor of America’s birthday, this month’s episode of Wealthy Behavior digs into the history of our country’s banking, currency, and overall economic system, and how key decisions made almost 250 years ago are the drivers of our wealth today. Host Sammy Azzouz is joined by guest and fellow history buff Michael Waldron, Director of Portfolio Management at Heritage Financial, to talk about: the fi...

Wealthy Behavior Host, Sammy Azzouz, and Heritage Chief Investment Officer, Bob Weisse, are back covering what’s happening in the markets in real time. In this episode they discuss: - The probability of the Fed achieving a soft landing - What Bob considers the best indicator of a buying opportunity for stocks - Why this bear market is different than 2008 and 2020, and why it’s not as bad - How muc...

Wealthy people spend money. Smart wealthy people find a way to get paid for the money they spend. In this episode of Wealthy Behavior, we’re talking with Joe Waters, Jr., Certified Financial Planner and Senior Wealth Advisor with Heritage Financial, about using credit card rewards programs to maximize the power of your wealth and get some free perks along the way. We'd love to hear from you! Email...

In this bonus episode of Wealthy Behavior, host Sammy Azzouz asks Heritage Chief Investment Officer Bob Weisse this question and more. Listen to hear Bob’s thoughts on the likelihood for further declines in stocks, why he doesn’t suggest investing in TIPS despite current inflation levels, and how investors should be thinking about rebalancing their portfolios in the current environment. We'd love...

In this episode of Wealthy Behavior Chuck Bean, Founder and CEO of Heritage Financial, is sharing his insight from more than three decades as an investor, financial planner, and entrepreneur. Listen as he talks to Sammy about investing in today’s markets, the top financial planning mistakes he sees wealthy people make (and how to avoid them), the most important thing business owners can do to add...

In this bonus episode of Wealthy Behavior, Sammy talks to Heritage Financial’s Chief Investment Officer, Bob Weisse, about the FAANG stocks (Facebook, Apple, Amazon, Netflix, and Google). Most investors hold these stocks whether they realize it or not. Tune in to hear Bob’s thoughts on why the stocks are suffering right now, which of the FAANG stocks are expensive or cheap, what the longer-term ou...

Is NOW the right time to invest in stocks? It’s an age-old question asked by the most serious of investors. Just a few months ago markets were at all-time highs. Now, we are dealing with heightened volatility in the face of economic and geopolitical uncertainty. Both scenarios make investors nervous that we are on the precipice of a decline, but for different reasons. What conditions should invest...

Building wealth is rewarding. Failing to adequately protect your wealth is a mistake. In episode 2 of Wealthy Behavior, we’re talking about personal risk and liability. How much could you lose if you are sued? Will you have enough if you’re the one that gets injured? And what should you do from day-to-day to protect yourself from the ever-growing threat landscape that comes with our global and dig...

Curious about crypto? In our debut podcast Heritage Financial President, Sammy Azzouz, chats with David Lebovitz, JP Morgan Global Market Strategist to give listeners a primer on cryptocurrency. What they are, how the technology behind them works, why the buzz, talking about the different coins, and how to think about them as an investor. www.heritagefinancial.net