Excel in Retirement
193 episodes - English - Latest episode: 6 days ago -Where financial planning becomes understandable. David brings interesting stories each week to listeners of his Excel in Retirement show along with actionable ideas that may help listeners avoid pitfalls that many people face in their retirement. David C. Treece began his career in the financial services industry in 2011. He is an independent financial adviser. He has passed the Series 65 securities exam, and he is health and life insurance licensed in several states. David’s financial advisory firm focuses on retirement income planning.David worked for two other financial advisors before founding his firm in 2018. David launched Clients Excel because he has a desire for his clients to have a second to none experience when it comes to their financial planning for retirement. David relentlessly strives to be the best at helping people prepare for retirement.The bedrock of David’s ethos is treating others as he would want to be treated.David works tirelessly to continually bring pertinent content to our clients and friends through our weekly newsletter and podcast. Through these, David brings informative content that may aid you in preparing for retirement. Through his financial planning work, David’s hope is that his clients are empowered to have a confident financial future.David and his wife, Mallory, have a daughter named Amelia and rescue dog named Oscar. They also have a backyard flock of chickens that Amelia loves to tend. David and his family are active in their church in Spartanburg. He is also a volunteer mentor with JumpStart, which is a ministry for people who have been recently released from prison.
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Episodes
A Diversified Approach Is Normally Suitable Episode 79
December 08, 2021 14:00 - 10 minutes - 7.1 MBCharlie Munger is a 97-year-old billionaire and the vice-chairman of Berkshire Hathaway. You may recall Munger and Warren Buffett are primary controllers of Berkshire, and they’ve obviously both been around for a long time. Munger was recently interviewed and stated that the stock market today is “crazier than the dotcom boom.” From the article, “He said many companies were now trading on the US share market at prices that represented 35 times earnings – making it much harder for ordinary ...
A Diversified Approach Is Normally Suitable Episode 79
December 08, 2021 14:00 - 10 minutes - 7.1 MBCharlie Munger is a 97-year-old billionaire and the vice-chairman of Berkshire Hathaway. You may recall Munger and Warren Buffett are primary controllers of Berkshire, and they’ve obviously both been around for a long time. Munger was recently interviewed and stated that the stock market today is “crazier than the dotcom boom.” From the article, “He said many companies were now trading on the US share market at prices that represented 35 times earnings – making it much harder for ordinary ...
Control What You Can Control Episode 78
December 01, 2021 10:00 - 8 minutes - 5.77 MBSometimes half the battle is deciding beforehand how we’re going to react. We live in a sensationalized world where as soon as we look at our smart phone or TV, someone is trying to outrage, anger, or frustrate us. The “outrage economy” has flourished in the last decade. It works though, right? Negativity sells and keeps eyeballs coming back. A couple of weeks, I told you about going fly-fishing for the first time. Click here to read about it. We went with a guide who had all the equipm...
Alternative Exposure with REIT ETFs Episode 77
November 24, 2021 10:00 - 9 minutes - 6.75 MBHave You Ever Considered An Allocation That Isn’t Completely Market Tied Have you heard how real estate has been doing? If you’re like some people you may be tempted to buy property or a rental. That comes with a set of obligations that may be lengthy. Did you know there is another way to have exposure to real estate in your portfolio without owning real estate outright? Traditionally, this has been done by owning a Real Estate Investment Trust (REIT). Hold on though, because REITs come ...
Alternative Exposure with REIT ETFs Episode 77
November 24, 2021 10:00 - 9 minutes - 6.75 MBHave You Ever Considered An Allocation That Isn’t Completely Market Tied Have you heard how real estate has been doing? If you’re like some people you may be tempted to buy property or a rental. That comes with a set of obligations that may be lengthy. Did you know there is another way to have exposure to real estate in your portfolio without owning real estate outright? Traditionally, this has been done by owning a Real Estate Investment Trust (REIT). Hold on though, because REITs come ...
What You Need To Know About Required Minimum Distributions From 401ks Episode 76
November 17, 2021 10:00 - 14 minutes - 9.91 MBDo You Have An IRA or 401k? We always get questions about Required Minimum Distributions (RMDs) especially as we get close to the end of the year. So, let’s take a look at what you need to know. Please remember, before making any tax decisions, it may be appropriate to speak with a qualified tax preparer about your situation. So, what is an RMD? We make a deal with the government when we begin saving money in tax-deferred accounts like an IRA, 401k or 403b. We agree that we won’t take o...
Where The Market Is NOW Episode 75
November 10, 2021 10:00 - 16 minutes - 11.1 MBIt feels like we're sliding into the end of the year on two wheels, so if you're uncertain where the economy is hopefully the content below will provide you with clarity. The third quarter saw records in the markets, but we’ve had pervasive growth concerns. Some pundits predicted double digit growth, but GDP in the third quarter was 6.4%. Not bad, but it wasn’t what most analysts were expecting. So, where are we now that we are about halfway through the fourth quarter? Democrats in Congre...
Where The Market Is NOW Episode 75
November 10, 2021 10:00 - 16 minutes - 11.1 MBIt feels like we're sliding into the end of the year on two wheels, so if you're uncertain where the economy is hopefully the content below will provide you with clarity. The third quarter saw records in the markets, but we’ve had pervasive growth concerns. Some pundits predicted double digit growth, but GDP in the third quarter was 6.4%. Not bad, but it wasn’t what most analysts were expecting. So, where are we now that we are about halfway through the fourth quarter? Democrats in Congre...
If It Has Our Name, It Ought To Be Better Episode 74
November 03, 2021 15:00 - 11 minutes - 8.25 MBCertain people tend to play large roles in shaping our beliefs and who we become. Jerry Falwell, Sr. was one of those people for me. He's passed away now, but I want to share a few of his insights, how he thought, and his vision. His philosophy created a legacy that is still impacting people 14 years after his death because he focused on excellence. Here’s a link to his autobiography. Our philosophy is, “if it’s Clients Excel, then it ought to be better.” The natural question becomes, "t...
If It Has Our Name, It Ought To Be Better Episode 74
November 03, 2021 15:00 - 11 minutes - 8.25 MBCertain people tend to play large roles in shaping our beliefs and who we become. Jerry Falwell, Sr. was one of those people for me. He's passed away now, but I want to share a few of his insights, how he thought, and his vision. His philosophy created a legacy that is still impacting people 14 years after his death because he focused on excellence. Here’s a link to his autobiography. Our philosophy is, “if it’s Clients Excel, then it ought to be better.” The natural question becomes, "t...
Uninvested In Cash? Here's What It Cost. Show 73
October 27, 2021 09:00 - 13 minutes - 9.07 MBBut over the last year, something new has started to develop, and I want to share with you how it may be costing some people thousands. We are told financial sentiment is driven by two main factors: greed or fear. It’s our basic instincts. People tend to lean toward fear or greed, but an appropriate tone is a combination of knowing when to take risks and when to be more cautious and then developing rules for how you are invested. If you don’t have rules established beforehand, you’re just...
Uninvested In Cash? Here's What It Cost. Show 73
October 27, 2021 09:00 - 13 minutes - 9.07 MBBut over the last year, something new has started to develop, and I want to share with you how it may be costing some people thousands. We are told financial sentiment is driven by two main factors: greed or fear. It’s our basic instincts. People tend to lean toward fear or greed, but an appropriate tone is a combination of knowing when to take risks and when to be more cautious and then developing rules for how you are invested. If you don’t have rules established beforehand, you’re just...
Tech Stocks Weigh Heavy On The S&P 500 Show 72
October 20, 2021 09:00 - 9 minutes - 6.89 MBWhen referring to the stock market, many people equate the S&P 500 as the market. The S&P 500 is an index of 500 large companies, but did you know the largest companies make up a larger percentage of the index? Apple, Amazon, Facebook, Google, and Microsoft account for 22% of the entire index. What do they all have in common? They are technology companies. The bottom 250 or smallest companies comprise just 10% of the index. The point being is the technology companies are critical to how th...
Tech Stocks Weigh Heavy On The S&P 500 Show 72
October 20, 2021 09:00 - 9 minutes - 6.89 MBWhen referring to the stock market, many people equate the S&P 500 as the market. The S&P 500 is an index of 500 large companies, but did you know the largest companies make up a larger percentage of the index? Apple, Amazon, Facebook, Google, and Microsoft account for 22% of the entire index. What do they all have in common? They are technology companies. The bottom 250 or smallest companies comprise just 10% of the index. The point being is the technology companies are critical to how th...
Pandemic Created Investing Gamblers? Show 71
October 13, 2021 09:00 - 17 minutes - 12.1 MBRecently, I was approached by the mission’s pastor at our church about a vision for a mural in downtown Spartanburg. Jason sent over a picture of what it would look like, and he explained that the purpose was to give the community a visually appealing piece of art that would could remind people of the hope we have in Jesus. Jason envisioned it to be a place where people could come to pray and be reminded that no matter how bad it gets; we have an eternal hope if we have trusted Jesus as our...
Pandemic Created Investing Gamblers? Show 71
October 13, 2021 09:00 - 17 minutes - 12.1 MBRecently, I was approached by the mission’s pastor at our church about a vision for a mural in downtown Spartanburg. Jason sent over a picture of what it would look like, and he explained that the purpose was to give the community a visually appealing piece of art that would could remind people of the hope we have in Jesus. Jason envisioned it to be a place where people could come to pray and be reminded that no matter how bad it gets; we have an eternal hope if we have trusted Jesus as our...
The Steps To Determine If You Can Retire Show 70
October 06, 2021 09:00 - 16 minutes - 11.4 MBHere’s a quick guide on how to determine if you can retire. Some of our clients come to us when they are approaching retirement, and they're trying to figure out things like: How should I elect to take Social Security? Do I have enough money to retire? How should I draw my money down or use it? What will my health insurance cost be in retirement? What options do I have for long-term care? I’ll briefly break down each of those concerns and tell you how we go about answering these impor...
20% Drop In the Stock Market Show 69
September 29, 2021 09:00 - 12 minutes - 8.83 MBMichael Wilson (pictured below) is a strategist for Morgan Stanley. His firm is calling for a twenty percent drop in the near term for the market. “He sees earnings revisions from American corporations ‘and higher frequency macro data pointing to a decelerating economy, amid demand pull forward, supply chain issues and margin pressure; which he forecasts could lead to a 20% drop, a near-term outcome, in a research note dated Sept. 20th.” Speculation may conclude that the bear market could t...
20% Drop In the Stock Market Show 69
September 29, 2021 09:00 - 12 minutes - 8.83 MBMichael Wilson (pictured below) is a strategist for Morgan Stanley. His firm is calling for a twenty percent drop in the near term for the market. “He sees earnings revisions from American corporations ‘and higher frequency macro data pointing to a decelerating economy, amid demand pull forward, supply chain issues and margin pressure; which he forecasts could lead to a 20% drop, a near-term outcome, in a research note dated Sept. 20th.” Speculation may conclude that the bear market could t...
Will The Stock Market Bounce Back? Show 68
September 22, 2021 09:00 - 13 minutes - 9.12 MBWhile September is great for apples, it is turning out to be a rough month for the stock market, and the culprit is multi-faceted. It’s easier on the mind when we can point to one thing that’s causing a disruption, but this time we’re not that fortunate. Over in China, a large property development company called Evergrande is on the verge of default, and from my research, their overuse of leverage is a major contributor. The company agreed to the use of highly speculative development proje...
Will The Stock Market Bounce Back? Show 68
September 22, 2021 09:00 - 13 minutes - 9.12 MBWhile September is great for apples, it is turning out to be a rough month for the stock market, and the culprit is multi-faceted. It’s easier on the mind when we can point to one thing that’s causing a disruption, but this time we’re not that fortunate. Over in China, a large property development company called Evergrande is on the verge of default, and from my research, their overuse of leverage is a major contributor. The company agreed to the use of highly speculative development proje...
Is The Stock Market In Trouble? Show 67
September 15, 2021 09:00 - 15 minutes - 10.7 MBIn news that’ll make you do a double take, the Wall Street Journal reported last week that Robert Kaplan, a guy who sits on the board of the Federal Reserve, made multiple million-dollar-plus stock trades in 2020. The Federal Reserve is a group of non-elected regulators who help determine what our interest rates will be, and whether the government should create currency to buy government bonds to stimulate the economy. The officials like Kaplan are required to file public disclosures, and ...
Is The Stock Market In Trouble? Show 67
September 15, 2021 09:00 - 15 minutes - 10.7 MBIn news that’ll make you do a double take, the Wall Street Journal reported last week that Robert Kaplan, a guy who sits on the board of the Federal Reserve, made multiple million-dollar-plus stock trades in 2020. The Federal Reserve is a group of non-elected regulators who help determine what our interest rates will be, and whether the government should create currency to buy government bonds to stimulate the economy. The officials like Kaplan are required to file public disclosures, and ...
What NOT To Do When Things Aren't Going Our Way Show 66
September 08, 2021 09:00 - 11 minutes - 7.67 MBOn Labor Day I ran the Reedy River 10k with my buddy Greg. I’m glad I committed to run it because I was dreading it! It’s hard to back out when you’ve told somebody you’ll be there. When we registered, the form asked what we anticipated our completion time to be, and I must have been thinking I could fly. We were placed in the first heat to take off, and after about a thousand yards, I was thinking there was no way I would be able to maintain this pace. So, for the next 6.2 miles, I could a...
What NOT To Do When Things Aren't Going Our Way Show 66
September 08, 2021 09:00 - 11 minutes - 7.67 MBOn Labor Day I ran the Reedy River 10k with my buddy Greg. I’m glad I committed to run it because I was dreading it! It’s hard to back out when you’ve told somebody you’ll be there. When we registered, the form asked what we anticipated our completion time to be, and I must have been thinking I could fly. We were placed in the first heat to take off, and after about a thousand yards, I was thinking there was no way I would be able to maintain this pace. So, for the next 6.2 miles, I could a...
Here's What To Do When You Fail Show 65
September 01, 2021 09:00 - 8 minutes - 6.06 MBAt our church, we sing a song called The Father’s House. It’s a moving song about failure. It starts, “Sometimes on this journey, I get lost in my mistakes. What looks to me like weakness is a canvas for your strength. And my story isn’t over, my story’s just begun. Failure won’t define me ‘cause that’s what my Father does. Yeah, failure won’t define me ‘cause that’s what my Father does.” Cory Asbury, the song writer is pictured below. Sometimes we get stuck in the past. But as Zig Ziglar ...
Stock Market Crash - How To Make It Through It Show 64
August 25, 2021 13:00 - 11 minutes - 7.99 MBThis concept relates to our finances, in that risk isn’t inherently bad. Taking that risk in a breakaway isn’t inherently bad, but it wasn’t for me. Assuming too much risk may not allow us to stay in the fight to see another day. Incorporating a plan that has the capacity for adjustments is essential. Morgan Housel writes in The Psychology of Money, “… Room for error is underappreciated and misunderstood. It’s often viewed as a conservative hedge, used by those who don’t want to take much ...
Stock Market Crash - How To Make It Through It Show 64
August 25, 2021 13:00 - 11 minutes - 7.99 MBThis concept relates to our finances, in that risk isn’t inherently bad. Taking that risk in a breakaway isn’t inherently bad, but it wasn’t for me. Assuming too much risk may not allow us to stay in the fight to see another day. Incorporating a plan that has the capacity for adjustments is essential. Morgan Housel writes in The Psychology of Money, “… Room for error is underappreciated and misunderstood. It’s often viewed as a conservative hedge, used by those who don’t want to take much ...
What Will the Delta Variant or Afghanistan Debacle Do To Your Retirement? Show 63
August 18, 2021 09:00 - 11 minutes - 7.74 MBLast week, the stock market continued its wild streak and continued setting records. While Investing.com had a headline that Consumer Sentiment in U.S. Plunges to Lowest Since 2011. The data was based on a Bloomberg survey. From the article, “Consumers have correctly reasoned that the economy’s performance will be diminished over the next several months, but the extraordinary surge in negative economic assessments also reflects an emotional response, mainly from dashed hopes that the pandem...
What Will the Delta Variant or Afghanistan Debacle Do To Your Retirement? Show 63
August 18, 2021 09:00 - 11 minutes - 7.74 MBLast week, the stock market continued its wild streak and continued setting records. While Investing.com had a headline that Consumer Sentiment in U.S. Plunges to Lowest Since 2011. The data was based on a Bloomberg survey. From the article, “Consumers have correctly reasoned that the economy’s performance will be diminished over the next several months, but the extraordinary surge in negative economic assessments also reflects an emotional response, mainly from dashed hopes that the pandem...
Are You Fishing For Financial Advice? Show 62
August 11, 2021 09:00 - 9 minutes - 6.85 MBSometimes I feel like I’m a researcher more than anything else. People come to me with big problems and I want to be the best possible resource I can be. I’m always listening to podcasts or buying another book to learn. And over the last few years, I’ve begun buying courses about specific topics In a recent course, they made a distinction between “riches and wealth.” We tend to think about them as synonymous, or at least I did until I heard the difference Riches can be income that’s only g...
Who Are You Getting Financial Advice From? Show 61
August 04, 2021 09:00 - 11 minutes - 8.17 MBFollowing along can be a trap and cause us heartache if we’re not wise about who we’re taking our cues from. The Bible states that Solomon is the most wealthy person to have ever lived. In today’s dollars some estimate Solomon would have a net worth of $1.2 trillion. For comparison, Jeff Bezos, who was the wealthiest person in the world up until last week when Amazon’s share price fell, is worth $192 billion. Solomon had over six times as much money has Bezos. God appears to King Solomon ...
Dow Hits Another Record Show 60
July 28, 2021 09:00 - 15 minutes - 10.9 MBA Market Watch article describing the chart said, “If you have a 401(k) and you’re of a nervous disposition, you probably don’t want to look at the chart. Even by the standards of GMO, the super-cautious money management firm in Boston best known for its famous co-founder Jeremy Grantham, say 'it’s terrifying.'” You’d never know such dire forecast exists if you only check your portfolio balance. For perspective; around last year this time the Dow was trading around 26,000 points. Ten years...
Dow Hits Another Record Show 60
July 28, 2021 09:00 - 15 minutes - 10.9 MBA Market Watch article describing the chart said, “If you have a 401(k) and you’re of a nervous disposition, you probably don’t want to look at the chart. Even by the standards of GMO, the super-cautious money management firm in Boston best known for its famous co-founder Jeremy Grantham, say 'it’s terrifying.'” You’d never know such dire forecast exists if you only check your portfolio balance. For perspective; around last year this time the Dow was trading around 26,000 points. Ten years...
Inflation Is Here. Are You Ready? Show 59
July 21, 2021 09:00 - 16 minutes - 11.1 MBInflation simply defined is when our money buys less than it used to buy. Conventional wisdom says we need equity exposure to keep up with inflation, and I don’t disagree in principle. But where it gets tricky is when we have an over exposure to stock market investments and a correction happens. A down stock market portfolio plus biting inflation is like a one-two punch to knock you out. Some people will have a hard time getting back in the fight after that. This is why we recommend having ...
An Alternative to Buy and Hold Investing Show 58
July 14, 2021 09:00 - 14 minutes - 10 MBIn the 1950s, economist Harry Markowitz developed a "Modern Portfolio Theory." His theory aims to maximize returns for a given level of risks. Out of this theory was birthed the idea of buying equities or stocks and holding them. Markowitz won a Nobel Peace Prize for his research. Warren Buffett came along and popularized this style of investing, but then a hedge fund manager named Ray Dalio thought we could track data and do better than buying and holding investments. Many people are stuck...
An Alternative to Buy and Hold Investing Show 58
July 14, 2021 09:00 - 14 minutes - 10 MBIn the 1950s, economist Harry Markowitz developed a "Modern Portfolio Theory." His theory aims to maximize returns for a given level of risks. Out of this theory was birthed the idea of buying equities or stocks and holding them. Markowitz won a Nobel Peace Prize for his research. Warren Buffett came along and popularized this style of investing, but then a hedge fund manager named Ray Dalio thought we could track data and do better than buying and holding investments. Many people are stuck...
What One Economist Predicts Show 57
July 07, 2021 09:00 - 15 minutes - 11 MBIn this show David goes over how to adjust our goals and aspiration halfway through the year. He tells an engaging story about kayaking down the James River. Then he discusses a recent interview with economist Gary Shilling. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, sa...
What One Economist Predicts Show 57
July 07, 2021 09:00 - 15 minutes - 11 MBIn this show David goes over how to adjust our goals and aspiration halfway through the year. He tells an engaging story about kayaking down the James River. Then he discusses a recent interview with economist Gary Shilling. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Clients Excel, LLC are not affiliated companies. Investing involves risk, including potential loss of principal. Any references to protection, sa...
Interest Rates UP What Happens Show 56
June 30, 2021 09:00 - 14 minutes - 9.88 MBIt’s so predictable. It’s so hard to start again. Everything inside me doesn’t want to start the process again. I told you a while back I got busy and quit running. I needed to start back. I feel better, my mood is better, and my clothes fit better! After a few days of running, something magical happens. It happens with most forms of exercising. The pain and agony shift to enjoyment and with running it typically means I start running faster and my body feels more comfortable. If you are ev...
Interest Rates UP What Happens Show 56
June 30, 2021 09:00 - 14 minutes - 9.88 MBIt’s so predictable. It’s so hard to start again. Everything inside me doesn’t want to start the process again. I told you a while back I got busy and quit running. I needed to start back. I feel better, my mood is better, and my clothes fit better! After a few days of running, something magical happens. It happens with most forms of exercising. The pain and agony shift to enjoyment and with running it typically means I start running faster and my body feels more comfortable. If you are ev...
Is a Financial Storm Coming? What to do. Show 55
June 23, 2021 09:00 - 12 minutes - 8.55 MBEven when the weatherman tells us a bad storm is coming there always seems to be an element of surprise when the storm arrives. It’s almost like we didn’t believe the meteorologist would get it right this time. Sometimes we poke fun of people who weren’t prepared and got drenched in a downpour or sometimes we truly emphasize with people when a tornado uproots a hundred-year-old tree in their front yard like we’ve seen recently in Spartanburg. The last thing you want to happen is for you t...
Is a Financial Storm Coming? What to do. Show 55
June 23, 2021 09:00 - 12 minutes - 8.55 MBEven when the weatherman tells us a bad storm is coming there always seems to be an element of surprise when the storm arrives. It’s almost like we didn’t believe the meteorologist would get it right this time. Sometimes we poke fun of people who weren’t prepared and got drenched in a downpour or sometimes we truly emphasize with people when a tornado uproots a hundred-year-old tree in their front yard like we’ve seen recently in Spartanburg. The last thing you want to happen is for you t...
You Don't Have To Fear a Market Crash Show 54
June 16, 2021 09:00 - 10 minutes - 7.54 MBI’ve interacted with countless people who are always looking over their back, waiting for something bad to happen to their 401k. They fear a stock market downturn, Congress increasing taxes, or future healthcare expenses. What people are searching to know is, “Am I going to be, okay?” Unfortunately, some people live with these nagging thoughts, but they don’t have to. There are strategies to mitigate the risk of market downturns, our rising tax rate environment, and even long-term care exp...
When To Retire, A Logical Approach Show 53
June 09, 2021 09:00 - 12 minutes - 8.9 MBA logical way to determine if we can afford to retire, or if now is the right time, is to figure what your expenses are per month. Conventional wisdom is you want to be able to replace 70% to 80% of your current income in retirement or as close to 70% as possible. So, how do we go about projecting how much income we can draw from our savings? With stock market investments, we can look at reports that indicate what has happened in the past. However, what the future holds may not be simila...
How To Create Investing Efficiency Show 52
June 02, 2021 09:00 - 13 minutes - 9.03 MBMany people have experienced amazing stock market returns over the last decade. It becomes addictive. A lot like always becoming more competitive on the bicycle, but life changes. Our circumstances change and we need to change our mentality. Ten years ago, you were younger and may have still been working. You could afford to have more risky allocations, but when you are retired, you’re typically no longer categorized as a long-term investor. You may need your money sooner rather than later. ...
Will Inflationary Pressure Go Away Show 51
May 26, 2021 14:00 - 12 minutes - 8.49 MBThe government has also been providing liquidity to the economy by buying billions of dollars of government bonds per month. I believe this is adding to the inflationary pressure. The Federal Reserve is faced with a challenging dilemma. Does the Federal Reserve attempt to raise interest rates? Or does it continue to allow inflationary pressure to mount? If rates go up that may cause major gyrations in the stock market, and lending may decrease. If people aren’t buying homes or cars or boats...
How a 96-year-old found purpose Show 50
May 19, 2021 09:00 - 11 minutes - 7.96 MBThe Washington Post recently ran an article titled 95-year-old might have found the key to longevity: A purposeful life. The article described how Olga Murray, who is 96, has flourished despite the COVID lockdowns and how she has found meaning in her life. She lives a life of gratitude for the vitality she has. The article states she will commonly tell people “I feel so fortunate. You can’t imagine.” It’s amazing that thankfulness attracts blessings in our lives. While her mother lived to ...
Defined Outcome Buffered ETFs Show 49
May 05, 2021 17:00 - 12 minutes - 8.32 MBIn 2018, Innovator Capital Management, a financial product creator, developed an investing strategy called “defined outcome” exchange-traded funds (ETFs). Today there are several billion dollars invested in their strategies. Historically, when we’ve put money in market, we’ve not been able to determine what our outcome will be, but often commentators or advisors will discuss past performance of investments. What defined outcome ETFs do is allow the investor a level of certainty that’s not ...
When Money Doesn't Matter Show 48
April 28, 2021 09:00 - 10 minutes - 7.48 MBSometimes saving money doesn’t matter... Most of us for a period of time dutifully arose out of our comfortable beds each morning to go to work to earn money. While work should be meaningful and purposeful, we realize that if we weren’t getting paid, we’d have issues. We are engineered from a young age to understand that money is essential. In fact, I’m trying to teach my three year-old daughter this lesson now. We’ve raised chickens for the last four years. Since she was able to walk, s...