The Money Alchemist Podcast
Join two dudes, Ben and Brent, to discuss current market events and savvy financial strategies to build wealth consistently over time.
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Episodes
4 days ago
4 days ago
America’s least favorite day is quickly approaching in a little over two weeks. Millions scramble to frantically count their beans while the oppressive Eye of ‘Providence’ lords over them.
April 15 may usher in the Spring with all its good vibes, longer days, and the smell of outdoor barbecues with freshly cut grass. But it also marks a cumulative day of stress with the unholy combination of a strict deadline with complex accounting that exposes the consequences of last year’s financial decisions.
The instinct is to bum rush the problem with brute force intensity, outsourcing as much work as possible to caffeine tweaked accountants. Mistakes are made, and tempers are bound to flare. Let 2025 be the year you get ahead of the problem.
Good tax planning is a year-long process and Ben and Brent discuss what this entails. They highlight several common areas where they see mistakes so you can avoid them. The overarching message is to not rely on your accountant, accounting software, and definitely not the IRS to catch errors on your return.
While tax calculations are formulaic, the results are only as accurate as the input. The art of tax planning involves optimizing and confirming accuracy of the inputs over all relevant tax years. It's a great way your financial advisor can add value!
Topics discussed include:
What is a 1040? Components of a tax return?
Planning opportunities along the tax return:
Maximizing above the line deductions, retirement plans, corporate benefits
Business deductions, strategic planning done to reduce taxable income
Back door Roth IRA - Roth
Capital gains - which bracket are you in? Strategic ways to use gains/losses
Being aware of itemized vs standard deduction, can you “bunch”?
Estimated payments, how does it work and opportunities to take advantage
Borrowing from appreciated assets to defer tax - like the billionaires
What are some of the common elements we see in client tax returns that are “high risk”?
Don’t assume the tax return tells the whole story
Back door Roth IRA’s - easily reported incorrectly
RSU’s - underwithholding issues and basis reporting issues
QCD’s incorrectly reported
Things that don’t even generate a tax form (estimated payments)
Looking to the future - TCJA expiration in 2026 and possible tax outcomes
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About Your Hosts
Ben Jones
Managing Director, National Wealth Management Group
www.nwmgadvisors.com
Sign up for Ben’s newsletter at www.karastick.com
Follow him on X @thekaratstick
https://www.linkedin.com/in/ben-nwmg/
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Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
Read Brent's latest newsletter --> https://40221980.hs-sites.com/infinite-wealth-plannings-february-newsletter-is-live?ecid=&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz-_Efdxwvp3oso7SBWpKxOU7Rxa0wru_6V-AGrl_LgK7QRQR8XQhfQHlOLqA4xUUUKt9_Phs
Sign Up For Brent's Newsletter -- > https://share.hsforms.com/1maVO0YZ0T3uIA80kyeGi1Any3h8
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Editor
Trevor Gargano
Email: Trevor@trevorgargano.com
Linkedin: https://www.linkedin.com/in/trevor-gargano-72727b67/
Website: TheDigitalQuarterback.com
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Follow our socials to support the podcast; see extra clips and announcements!
Instagram: https://www.instagram.com/moneyalchemistpod/
X: https://twitter.com/moneyalchpod
Facebook: https://www.facebook.com/profile.php?id=61556458987483
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Disclosure:
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Advisors associated with National Wealth Management Group may be either (1) registered representatives with, and securities offered through LPL Financial, Member FINRA/SIPC, and investment advisor representatives of National Wealth Management Group; or (2) solely investment advisor representatives of National Wealth Management Group, and not affiliated with LPL Financial. Investment advice offered through National Wealth Management Group, a registered investment advisor and separate entity from LPL Financial.
All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.
The information presented is for educational and informational purposes only and is not intended as a recommendation or specific advice.
Saturday Mar 15, 2025
Saturday Mar 15, 2025
The first few months of 2025 have produced mixed results for US equities. Despite efforts to coax out the full economic potential of the U.S., domestic markets have lacked confidence. Meanwhile, ‘safe haven’ assets such as Treasury Bonds and international stocks have broadly rallied.
They say it’s been the worst start to a year since, well, 2022.
With a ballooning Federal deficit and the potential for a more competitive overseas trade environment, recent moves seem a bit counter intuitive. The prevailing fear is that prolonged trade negotiations could discourage domestic capital deployment, thus triggering a cascade of negative consequences.
The concern that tariffs will trigger another wave of uncomfortable inflation, while possible, is overblown. Especially considering the recent March 14 reading of CPI-U at 0.2% (2.43% annualized), a drop in energy prices and a modest decline in longer-term rates.
It is reasonable for equity investors to experience a correction of –20% or more from highs once every four years on average. This happens when FUD (fear, uncertainty and doubt) dominates sentiment.
International market valuations relative to US have been historically cheap with the S&P 500 coming off two back-to-back years of double-digit rallies. It is easier to turn an ankle stepping off first-place podium.
So, is that it? Is the US no longer top contender? The Atlanta Fed’s GDPNow model revised its annualized growth in the current quarter from +2.3% to –2.4%. Keynesian free-trade fanatics are busy prostrating themselves on camera to abash any with a notion that tariffs could be a means to a positive end.
All I can say is that it’s possible and they could be right. I offer no guarantees but remind you that we’ve been down scarier roads than this one. Yet here we are, living better than kings not so long ago.
Not kings today. Charles has it pretty good.
I invite you to join Brent and I as we elaborate on this topic. We discuss current markets, what we should be doing in response to these downturns and what you should be hearing from your advisor.
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We would appreciate it if you could follow our podcast and give it a five-star rating! This supports us in reaching a wider audience, allowing us to assist more individuals in their financial learning journey.
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About Your Hosts
Ben Jones
Managing Director, National Wealth Management Group
www.nwmgadvisors.com
Sign up for Ben’s newsletter at www.karastick.com
Follow him on X @thekaratstick
https://www.linkedin.com/in/ben-nwmg/
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Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
Read Brent's latest newsletter --> https://40221980.hs-sites.com/infinite-wealth-plannings-january-newsletter-is-live-1?ecid=&utm_source=hs_email&utm_medium=email
Sign Up For Brent's Newsletter -- > https://share.hsforms.com/1maVO0YZ0T3uIA80kyeGi1Any3h8
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Editor
Trevor Gargano
Email: Trevor@trevorgargano.com
Linkedin: https://www.linkedin.com/in/trevor-gargano-72727b67/
Website: TheDigitalQuarterback.com
______
Follow our socials to support the podcast; see extra clips and announcements!
Instagram: https://www.instagram.com/moneyalchemistpod/
X: https://twitter.com/moneyalchpod
Facebook: https://www.facebook.com/profile.php?id=61556458987483
______
Disclosure:
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Advisors associated with National Wealth Management Group may be either (1) registered representatives with, and securities offered through LPL Financial, Member FINRA/SIPC, and investment advisor representatives of National Wealth Management Group; or (2) solely investment advisor representatives of National Wealth Management Group, and not affiliated with LPL Financial. Investment advice offered through National Wealth Management Group, a registered investment advisor and separate entity from LPL Financial.
The information presented is for educational and informational purposes only and is not intended as a recommendation or specific advice.
Saturday Mar 01, 2025
Saturday Mar 01, 2025
The engagement farmers masquerading as prognosticators have been busy this month! There’s so much doom to talk about. It’s all so very exciting, and you need to tune in. Ignoring the information so you don’t miss a perfectly timed nugget of information that will cost you everything.
Even so, three months later we’ll forget the stress of today like it was our first dirty diaper. We’ll move onto new stressors with potentially world-ending consequences. A constant attack on our psyche, forever testing our tenacity. Give in now and you just may avoid a black swan catastrophe, only at the cost of building wealth.
Resilience in the face of uncertainty is a necessary tenet of investing. Weak hands build fragile bridges to success. The tiniest of quakes precedes a long swim in a river of regret. This pullback could become a correction, then a bear market.
Crypto investors are more modern and efficient. They skip the first two steps and go straight into a bear market.
It should only matter to you if you have a concrete plan for the money and that plan will execute in the near future. Otherwise, hold fast. Of course, this assumes you began with a sensible allocation. Garbage investments usually deteriorate into a tax writeoff no matter how patient you are.
Join your Money Alchemists hosts for an engaging conversation about the state of markets, volatility, the fundamentals of investing and what you should be doing to keep your strategy moving forward.
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About Your Hosts
Ben Jones
Managing Director, National Wealth Management Group
www.nwmgadvisors.com
Sign up for Ben’s newsletter at www.karastick.com
Follow him on X @thekaratstick
https://www.linkedin.com/in/ben-nwmg/
____
Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
Read Brent's latest newsletter --> https://40221980.hs-sites.com/infinite-wealth-plannings-january-newsletter-is-live-1?ecid=&utm_source=hs_email&utm_medium=email
Sign Up For Brent's Newsletter -- > https://share.hsforms.com/1maVO0YZ0T3uIA80kyeGi1Any3h8
______
Editor
Trevor Gargano
Email: Trevor@trevorgargano.com
Linkedin: https://www.linkedin.com/in/trevor-gargano-72727b67/
Website: TheDigitalQuarterback.com
______
Follow our socials to support the podcast; see extra clips and announcements!
Instagram: https://www.instagram.com/moneyalchemistpod/
X: https://twitter.com/moneyalchpod
Facebook: https://www.facebook.com/profile.php?id=61556458987483
______
Disclosure:
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Advisors associated with National Wealth Management Group may be either (1) registered representatives with, and securities offered through LPL Financial, Member FINRA/SIPC, and investment advisor representatives of National Wealth Management Group; or (2) solely investment advisor representatives of National Wealth Management Group, and not affiliated with LPL Financial. Investment advice offered through National Wealth Management Group, a registered investment advisor and separate entity from LPL Financial.
The information presented is for educational and informational purposes only and is not intended as a recommendation or specific advice.
Saturday Feb 15, 2025
Saturday Feb 15, 2025
Journey > Destination.
Does the world run on envy? Charlie Munger, who once said, “the first rule of a happy life is low expectations”, argued that it does. We even have the adage ‘keeping up with the Joneses’ to encapsulate this ongoing economic arms race.
In-your-face financial flexing is difficult to ignore. A moment of boredom followed by a screen tap and a world of obscene wealth can be streamed directly into your consciousness.
Enough of this, and you begin to develop a subconscious crisis, sleepwalking your way into an unaffordably expensive situation. Worse, you could develop deep seated resentments culminating into pervasive discontent.
By “low expectations,” Charlie meant that you should expect less in exchange for your efforts. It’s not a call to curb your aspirations. When applied, this mindset repels disappointment and encourages sustained motivation.
High-profile black swan jackpots and grift have sold many on the fallacy of wealth without effort. When money is conflated with meaning, the expedient path seems obvious. Only a chump would expend his energy for something that could be more easily attained.
Millions flock to recently legalized betting markets, trading schemes, and hot potato crypto scams, chasing the Leprechaun. A story as old as the Leprechaun itself.
Most don’t realize this is a disenchanted path without a destination. The plight of a materialist without wisdom.
A life lived with sublime purpose is more precious than any asset. It is the noblest of pursuits, with monetary wealth being a common side effect. The grandest human stories are those of sacrifice, not envy or any of its accomplices.
Ben and Brent explore this subject in an open-ended conversation, drawing on several sources for inspiration. It’s a complex topic to unpack, to be sure. One we hope to refine in future episodes.
Please share your thoughts and comments or future episode ideas with planning@nwmgadvisors.com!
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Sources
The Soul of Wealth, Daniel Crosby: PERMA (Positive Emotion, Engagement, Relationships, Meaning, Advancement)
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About your Hosts
Ben Jones
Managing Director, National Wealth Management Group
www.nwmgadvisors.com
Sign up for Ben’s newsletter at www.karastick.com
Follow him on X @thekaratstick
https://www.linkedin.com/in/ben-nwmg/
____
Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
Learn more about Brent and follow his newsletter --> https://infinitewealthplanning.net/about-us/#founder
______
Editor
Trevor Gargano
Financial Advisor Marketer
Trevor@nwmgadvisors.com
https://www.linkedin.com/in/trevor-gargano-72727b67/
______
Follow our socials to support the podcast; see extra clips and announcements!
Instagram: https://www.instagram.com/moneyalchemistpod/
X: https://twitter.com/moneyalchpod
Facebook: https://www.facebook.com/profile.php?id=61556458987483
______
Disclosure:
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Advisors associated with National Wealth Management Group may be either (1) registered representatives with, and securities offered through LPL Financial, Member FINRA/SIPC, and investment advisor representatives of National Wealth Management Group; or (2) solely investment advisor representatives of National Wealth Management Group, and not affiliated with LPL Financial. Investment advice offered through National Wealth Management Group, a registered investment advisor and separate entity from LPL Financial.
The information presented is for educational and informational purposes only and is not intended as a recommendation or specific advice.
Saturday Feb 01, 2025
Saturday Feb 01, 2025
The Palisades, Eaton, and Hughes fires have affected 59 square miles of land in Southern California. Combined, they have consumed more than 16,000 homes and buildings and an uncounted number of automobiles.
This natural disaster comes hot off the heels of two hurricanes that wreaked havoc in Florida and North Carolina, from which residents are still recovering. Those who have been through the home building or remodeling process should have more than a modicum of empathy.
It’s difficult enough to find a good home builder. Now imagine doing this reactively without adequate funds and under intense competition for scant capable contractors. Distressed land sales are inevitable.
A tragedy for the victims of these natural disasters who are already reeling from immense personal loss. Some will be indemnified by insurers, many will not. Insurance is one of those easy to neglect aspects of your financial life because it feels like a waste of money.
I hope you do waste your money on insurance because that is the best of possible outcomes. If you file a claim, that means Newton & Murphy’s Laws ganged up on you.
Most of us don’t even know where to start when it comes to assessing insurance needs, and we’re allergic to the greasy tactics the insurance industry uses to maximize profits at our expense. So what do we do?
That’s exactly what we brought our guest and insurance guru, Sean Cohen, into the studio to discuss.
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About your Hosts
Ben Jones
Managing Director, National Wealth Management Group
www.nwmgadvisors.com
Sign up for Ben’s newsletter at www.karastick.com
Follow him on X @thekaratstick
https://www.linkedin.com/in/ben-nwmg/
____
Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
Learn more about Brent and follow his newsletter --> https://infinitewealthplanning.net/about-us/#founder
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Guest:
Sean Cohen
Owner of S. Cohen Insurance Agency
https://scoheninsurance.com/
(859)443-4466
(859)694-2284 for quotes
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Editor
Trevor Gargano
Financial Advisor Marketer
Trevor@nwmgadvisors.com
https://www.linkedin.com/in/trevor-gargano-72727b67/
______
Follow our socials to support the podcast; see extra clips and announcements!
Instagram: https://www.instagram.com/moneyalchemistpod/
X: https://twitter.com/moneyalchpod
Facebook: https://www.facebook.com/profile.php?id=61556458987483
______
Disclosure:
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Advisors associated with National Wealth Management Group may be either (1) registered representatives with, and securities offered through LPL Financial, Member FINRA/SIPC, and investment advisor representatives of National Wealth Management Group; or (2) solely investment advisor representatives of National Wealth Management Group, and not affiliated with LPL Financial. Investment advice offered through National Wealth Management Group, a registered investment advisor and separate entity from LPL Financial.
The information presented is for educational and informational purposes only and is not intended as a recommendation or specific advice.
Saturday Jan 18, 2025
Saturday Jan 18, 2025
Why you have it and what to do about it.
Financial stress is a response to a specific, often temporary, financial problem that can be resolved through specific action. As an example, you are about to close on a home purchase and are uncertain if loan underwriting will be completed in time. These stressors can be quickly alleviated with the right course of action and often resolve themselves in time.
Financial anxiety involves more pervasive worry that can paralyze action, making it difficult to address the core of a financial issue. We may not even be conscious of our anxiety, but it manifests itself through a general discomfort that can lead to suboptimal decision making.
Think of someone desperate to earn the approval of another, and in doing so unnaturally acquaint themselves with avarice. While not necessarily financially devastating, it can lead someone down a path into personal ruin.
It’s important to confront your anxiety to address its genesis. Only then can you begin to improve the quality of your life and move on to the next stage of your development.
This is the topic of discussion in today’s episode. Ben and Brent talk about how they’ve addressed financial anxiety and what to do when you inevitably face this ubiquitous force.
Sources:
https://www.kitces.com/blog/distinguish-financial-stress-from-anxiety-and-client-communication-strategies-to-help/
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About your Hosts
Ben Jones
Managing Director, National Wealth Management Group
www.nwmgadvisors.com
Sign up for Ben’s newsletter at www.karastick.com
Follow him on X @thekaratstick
https://www.linkedin.com/in/ben-nwmg/
Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
Learn more about Brent and follow his newsletter --> https://infinitewealthplanning.net/about-us/#founder
______
Editor
Trevor Gargano
Financial Advisor Marketer
Trevor@nwmgadvisors.com
https://www.linkedin.com/in/trevor-gargano-72727b67/
______
Follow our socials to support the podcast; see extra clips and announcements!
Instagram: https://www.instagram.com/moneyalchemistpod/
X: https://twitter.com/moneyalchpod
Facebook: https://www.facebook.com/profile.php?id=61556458987483
______
Disclosure:
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Advisors associated with National Wealth Management Group may be either (1) registered representatives with, and securities offered through LPL Financial, Member FINRA/SIPC, and investment advisor representatives of National Wealth Management Group; or (2) solely investment advisor representatives of National Wealth Management Group, and not affiliated with LPL Financial. Investment advice offered through National Wealth Management Group, a registered investment advisor and separate entity from LPL Financial.
The information presented is for educational and informational purposes only and is not intended as a recommendation or specific advice.
Saturday Jan 04, 2025
Saturday Jan 04, 2025
Another year, different in how you make it.
2025 is here and so are the renewed pressures of the ego to break through yet another motivational barrier. The root of the word sublime stems from Latin to mean, roughly, high threshold. The things that are most worth doing are not easy.
Sublime is a subjective word. It’s true meaning found at that point where your aspirations meet the outset edge of your competency. To find it, you need to be introspective and self-aware.
This is the ethos of effective goal setting. Goals are not fun to set because they invite discomfort through a tolerable degree of invitational suffering. But through them we discover that extraordinary things can be achieved through incremental efforts.
While setting goals starts with an honestly aware self, meeting those goals requires consistent action of the most ordinary kind. Almost mundane, really, which is what can make accomplishment so tough.
In 2025’s first MAP episode, Brent and Ben discuss their thoughts on the subject with the hope that some can find encouragement. It also serves to hold ourselves accountable to our goals for the content they deliver.
Happy New Year and may you discover your own personal sublimity through this new 12-month journey in time!
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About your Hosts
Ben Jones
Managing Director, National Wealth Management Group
www.nwmgadvisors.com
Sign up for Ben’s newsletter at www.karastick.com
Follow him on X @thekaratstick
https://www.linkedin.com/in/ben-nwmg/
Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
Learn more about Brent and follow his newsletter --> https://infinitewealthplanning.net/about-us/#founder
______
Editor
Trevor Gargano
Financial Advisor Marketer
Trevor@nwmgadvisors.com
https://www.linkedin.com/in/trevor-gargano-72727b67/
______
Follow our socials to support the podcast; see extra clips and announcements!
Instagram: https://www.instagram.com/moneyalchemistpod/
X: https://twitter.com/moneyalchpod
Facebook: https://www.facebook.com/profile.php?id=61556458987483
______
Disclosure:
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Securities offered through LPL Financial, Member FINRA & SIPC.. Advisory services offered through National Wealth Management Group, LLC a registered investment advisor and separate entity from LPL Financial.
Brent Gargano is solely an investment advisor representative of National Wealth Management Group, LLC, and not affiliated with LPL Financial. Any opinions or views expressed by Brent Gargano are his own and are not those of LPL Financial
Saturday Dec 21, 2024
Saturday Dec 21, 2024
Ben and Brent wrap up 2024 with a conversation on the state of the housing market. Prices of single family homes continue to edge higher, being up 6% year over year. This is on top of a record increase in median single family home prices over the past decade which now totals 102% according to Freddie Mac.
While unaffordability infects already strained budgets, forcing some households to quarantine in low rate mortgages or rents, we continue to see enough demand on low inventories push prices higher. Homes are still selling quickly and people are moving despite 7% mortgage rates.
The same irresistible natural force that drives birds to their nesting habitats recently drove Brent and his family from the inner 275 loop to the suburbs of Northern Cincy. Ben is in the midst of buying a home and about to list his family’s West Chester home of 11 years in search of status and garage space.
Are they making mistakes abandoning their sub 3% mortgage rates in pursuit of quality of life improvements? Or are they moving with the natural flow of the market incentives as part of the “great capitulation”?
Listen in to find out the answers to these questions and much more!
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About your Hosts
Ben Jones
Managing Director, National Wealth Management Group
www.nwmgadvisors.com
Sign up for Ben’s newsletter at www.karastick.com
Follow him on X @thekaratstick
https://www.linkedin.com/in/ben-nwmg/
Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
Learn more about Brent and follow his newsletter --> https://infinitewealthplanning.net/about-us/#founder
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Sources:
Lending Tree, Mortgage Statistics: 2025
https://www.lendingtree.com/home/mortgage/u-s-mortgage-market-statistics/
Redfin, 12/12/2024 Homebuyer Press Release
https://investors.redfin.com/news-events/press-releases/detail/1233/redfin-reports-homebuying-demand-sitting-near-highest-level
Redfin, 2025 Predictions
https://investors.redfin.com/news-events/press-releases/detail/1228/redfins-2025-predictions-pent-up-demand-will-lead-to
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Editor
Trevor Gargano
Financial Advisor Marketer
Trevor@nwmgadvisors.com
https://www.linkedin.com/in/trevor-gargano-72727b67/
______
Follow our socials to support the podcast; see extra clips and announcements!
Instagram: https://www.instagram.com/moneyalchemistpod/
X: https://twitter.com/moneyalchpod
Facebook: https://www.facebook.com/profile.php?id=61556458987483
______
Disclosure:
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Securities offered through LPL Financial, Member FINRA & SIPC.. Advisory services offered through National Wealth Management Group, LLC a registered investment advisor and separate entity from LPL Financial.
Brent Gargano is solely an investment advisor representative of National Wealth Management Group, LLC, and not affiliated with LPL Financial. Any opinions or views expressed by Brent Gargano are his own and are not those of LPL Financial
Friday Dec 06, 2024
Friday Dec 06, 2024
There was a lot to discuss with family this Thanksgiving. The election, stocks ripping, the return of crypto mania, and, of course, the evergreen subject of ‘the culture war’. In many households, Thanksgiving takes its shape as thoughtsgiving as outspoken opinions crowd out any notion of contentment.
Few things can be as goading as that one relative who works in their trading fortunes into any conversation, conflating luck with genius. You’ll definitely know by the end of the conversation how much they claim to be worth. You’ll also know who will be the least generous person come gift giving season in a month’s time.
This begs the question, what money topics are appropriate to discuss with friends and family? When should you be cautious, and when is a good time to disclose? These are not simple questions and the answers require nuance to address.
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About your Hosts
Ben Jones
Managing Director, National Wealth Management Group
www.nwmgadvisors.com
Author, www.karastick.com
@thekaratstick
https://www.linkedin.com/in/ben-nwmg/
Follow Ben's Financial Newsletter 'Karat Stick' - https://www.karatstick.com/
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Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
Read Brent's latest blog post, 'Election Update: What To Expect For Investments,' and follow his newsletter for more content --> https://infinitewealthplanning.net/election-update-what-to-expect-for-investments/
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Follow our socials to support the podcast; see extra clips and announcements!
Instagram: https://www.instagram.com/moneyalchemistpod/
X: https://twitter.com/moneyalchpod
Facebook: https://www.facebook.com/profile.php?id=61556458987483
______
Editor
Trevor Gargano
Financial Advisor Marketer
Trevor@nwmgadvisors.com
https://www.linkedin.com/in/trevor-gargano-72727b67/
______
Disclosure
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Please consult with a qualified legal professional to find out if any of the strategies discussed are right for you. Neither Ben or Brent are licensed attorneys and cannot provide legal advice.
Securities offered through LPL Financial, Member FINRA & SIPC.. Advisory services offered through National Wealth Management Group, LLC a registered investment advisor and separate entity from LPL Financial.
Friday Nov 22, 2024
Friday Nov 22, 2024
In this episode, Ben and Brent discuss some of the possible economic implications of the election along with common year-end best tax optimization practices. As we approach the end of the year and the start of 2025, one thing becomes clear: change is on the horizon. Like viewing a hurricane from the shoreline, it’s tough to gauge the strength of its winds and the endurance of the force, but we know it is coming.
Download Our 2024 Year End Checklist - https://drive.google.com/file/d/1LoVkEDMscu6Lo-u91u-NxVh2cYdeQdKL/view?usp=sharing
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About your Hosts
Ben Jones
Managing Director, National Wealth Management Group
www.nwmgadvisors.com
Author, www.karastick.com
@thekaratstick
https://www.linkedin.com/in/ben-nwmg/
Follow Ben's Financial Newsletter 'Karat Stick' - https://www.karatstick.com/
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Brent Gargano, CFPⓇ
Founder & Advisor, Infinite Wealth Planning
www.infinitewealthplanning.com
linkedin.com/in/brent-gargano-cfp®-2067b573
Read Brent's latest blog post, 'Election Update: What To Expect For Investments,' and follow his newsletter for more content --> https://infinitewealthplanning.net/election-update-what-to-expect-for-investments/
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Editor
Trevor Gargano
Financial Advisor Marketer
Trevor@nwmgadvisors.com
https://www.linkedin.com/in/trevor-gargano-72727b67/
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Disclosure
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
Please consult with a qualified legal professional to find out if any of the strategies discussed are right for you. Neither Ben or Brent are licensed attorneys and cannot provide legal advice.
Securities offered through LPL Financial, Member FINRA & SIPC.. Advisory services offered through National Wealth Management Group, LLC a registered investment advisor and separate entity from LPL Financial.
Submissions
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