Reinvent Rich with Irvin Schorsch

Given the recent volatility in the stock market, Chris and Andrew discuss why it's best to have a game plan and play the "long game" when it comes to investing. In addition, they cover some smart money techniques for investing in turbulent markets. Enjoy! Highlights: What is happening in the markets? - 0:27 The recovery market process - 2:19 Selling and buying stocks - 5:33 The vola...

Today is March 10th, 2020. What's going on in the markets? Irvin sits down with Mark Steinke to discuss how the coronavirus pandemic is affecting the markets and most importantly, the world around you.   Highlights: What is happening in the world? - 0:37 The fear about coronavirus - 1:16 How the coronavirus is impacting the market - 2:08 How can you succeed with the spread of the coronavirus...

Why would a company want to partner with Pennsylvania Capital Management? Mark Steinke and Irvin discuss the vast professional network of corporate partners that PCM has to offer their clients to create context and provide value. Enjoy! Highlights: Services that PCM offers - 0:33 Partnering with PCM - 0:51 Developing a professional network - 2:07 Why sign up with PCM - 2:31 Listening between the l...

Business owners want more control over their lives and the ability to take back precious time to spend with their families. Mark Steinke sits down with Irvin to study how business owners can take this first step starting with investment management. Investing money has become a commodity. The true game-changer is the investment advice business owners are receiving to plan a "bigger future&quot...

With interest rates at historic all-time lows, Chris and Andrew delve into the reasons why refinancing your mortgage may be ideal given your personal financial situation. Be sure to stay tuned and enjoy this episode! Highlights: Interests rates falling - 0:26 Refinancing your mortgage - 0:36 Happy Super Tuesday! - 1:05 Why to refinance your mortgage - 3:39 Playing with your mortgage payment - 5:05...

Chris and Andrew discuss the record number of 401K millionaires observed in Fidelity's 2019 retirement plan study as well as uncover the startling facts about the baby boomer generation being underfunded for retirement. They further talk about the steps needed to reverse this perilous situation that can help investors bolster their savings from retirement. Finally, Chris and Andrew take an in...

The increasing epidemic of Coronavirus is affecting the world in multiple ways. Chris, who is a new member of the PCM family and a financial planner, talks with Andrew about the financial matters related to the Coronavirus. Stay tuned! Highlights: A new team member at the PCM family - 0:23 Chris: a certified financial planner at PCM - 0:38 What happened in the market this week? - 1:08 The increasi...

Irvin will talk about one of the eight principles for financial success. He created these eight principles to help his clients, and today he will explain one of those principles in particular: listening between the lines. Stay tuned and learn all about this principle. Highlights: The eight principles for financial success - 0:44 What is listening between the lines? -1:05 The idea of looking forwar...

Financial expert Irvin Schorsch talks with the director of ExPress Education, David Geistwite. They talk about life after retirement and how it is the beginning of a new chapter. Listen to this episode and learn about what you can do after retirement. Enjoy!   Highlights: Teaching financial professions - 1:51 The retirement process - 2:52 Having another step in life - 4:17 David's example abo...

Welcome to the Reinvent Rich Podcast! At PCM we have several clients that are doctors, who have deep knowledge in many areas. Today, Irvin will talk about how it is to work with doctors in the financial area and how their expertise adds a new dynamic. Highlights: Planning for the future - 1:12 Maximizing pension plans - 1:31 The main principle that Irvin uses at PCM - 2:28 Creating the context - 2...

This can be a daunting question if you’re not prepared for retirement. Irvin talks with David Schloss, Human Resources Leader and Employment Attorney Principal at DMS HR Consulting, LLC. They discuss retirement and what it really means and how you can enjoy this next phase of life. Enjoy! Highlights: What retirement means - 0:52 Redefining what retirement means - 1:21 When you can be ready to reti...

Learn how Pennsylvania Capital Management is unique in their industry and how Irvin works with his clients in a very unique different way. He provides solutions and guidance to clients' life-changing events. In today's episode, Irvin will explain how he helps all his clients! Highlights: Uniquely working with clients - 0:42 What PCM offers for clients - 1:12 Negotiating cars for clients...

Over the last years, PCM has been working with several doctors. Why are doctors so focused on keeping their money safe? Irvin will dive into the various reasons and solutions, so stay tuned and enjoy this podcast.  Highlights: Why are doctors so focused on keeping their money safe? - 0:44 Keeping money away from Uncle Sam - 1:11 Finding aspirations and priorities - 2:19 Eight principles for financ...

Anticipating pitfalls is critical to a family's success at PCM. This is the sixth principle for financial success in life, and the concept is about protecting your family and your cash flow with the right success habits. If you want to know more, stay tuned for this episode! Highlights: One of the principles for financial success in life - 0:26 The sixth principle for financial success in lif...

We are in a new decade, and today, Irvin talks about this election year and the happenings of 2020. He gives us an overall picture of what he thinks 2020 in the financial year could be like and what we should be aware of, so stay tuned and enjoy! Highlights: The election year in EEUU - 0:39 2020 is a very exciting year - 1:00 The fear for many investors - 1:18 The impeachment going on in EEUU - 1:...

One of Irvin's passions, when he decided to create his company, was wanting to be helpful in families' life-changing events. Irvin shares how he has helped to make a difference and how he brings value to families. Enjoy! Highlights: His passion for helping others - 0:34 Connecting helpfulness with finances - 1:12 Serving each client - 1:42 How he defines his helpfulness - 2:24 Making a d...

Irvin Schorsch is the founder and CEO of Pennsylvania Capital Management. Today's episode is about why Irvin started this company in 1995. He explains how he helps people fix the parts of their financial lives that weren't working well. Irvin also tells us that he has to get to know those clients and take each one through a series of evaluations and then develop processes so that as life...

Irvin sheds some light regarding the financial situation of Boeing stopping their production of the 737. Irvin gives us his viewpoint about the airline industry and about what happened in this situation. Enjoy! Highlights: The financial situation of Boeing - 0:29 What happened with the Boeing? - 1:17 The recent case of Boeing - 1:47 The airline industry - 2:17 Reinvent Rich Community: Subscribe wi...

Irvin started his company 24 years ago and created something called The Eight Principles of Financial Success in Life. Today, he shares why he created those principles and the value of learning. Stay tuned and enjoy this episode! Highlights: Helping families succeed in life - 0:55 What are these eight principles? - 1:13 Understanding all the principles - 1:39 Why Irvin choose those principles - 2:...

Are you struggling to know the difference between bad debt and good debt? In today's episode, Irvin will explain the difference between the two, how bad debt can ruin family life and how to avoid overwhelming feelings to ultimately thrive. Stay tuned and enjoy this episode!   Highlights: Difference between bad debt and good debt - 0:30 Building credit card debt - 1:00 Good debt provides a ret...

Best-selling author and financial expert, Irvin Schorsch is joined by Frank Cassidy, President & CEO of FX Cassidy & Associates. Frank Cassidy founded Frank Cassidy and Associates and has been working in tax accounting, tax planning, individual financial planning, and compliance services for over 27 years. Along with his experience in individual tax and wealth management, Frank has worked...

Today’s show is with the first PCM Strategic Partner: Erik Eisen, who is the Founder & President of CTI Technical Services Inc. CTI Technical Services is a computer consulting firm delivering network design, information architecture, and support. Their network engineers have decades of experience designing the best solutions to meet clients' technical needs. Stay tuned and enjoy this epis...

Everyone knows it takes a lot of money to raise a child. On today’s episode, you’ll learn how you protect your wealth, take care of your family as well as teach your children about the responsibilities of life.   Highlights: It takes a lot of money to raise a child - 0:34 Spending hours to raise a child - 0:55 Teach your kid about responsibilities in life - 1:14 Strategies about boomerang children...

The reality is that there are many ways that scammers and thieves will try to get what's not theirs. In the old days, it was pirates, pickpockets, thieves, and thugs. Today, these villains work behind the scenes, behind the screens to figure out a way to scan their victims out of money. When it comes to our finances, what should we be on the lookout to prevent financial fraud? Highlights: The...

Andrew and Irvin talk about how to act when facing financial desperation and when it’s a good idea to call for help. Also, they give us a piece of advice to have a better financial situation, stay tuned and learn more! Highlights: Talking about desperation - 0:29 Dealing with clients - 1:07 Talking about financial stress and financial disaster - 2:07 The Reinvent Rich book by Irvin Schorsch - 2:43...