3 Paths to Financial Independence with Deacon Hayes [Encore presentation]

Deacon and his wife combined finances shortly after marriage – only to find $52,000 in consumer debt was weighing them down. They made the choice – and a plan – to pay down that debt in 18 month.

Moving past debt freedom, Deacon began focusing on complete financial independence.

In his book, “You Can Retire Early!: Everything You Need to Achieve Financial Independence When You Want It” he describes the three ways to financial independence:

  • Real estate
  • Stock market
  • Entrepreneurship

Listen in as Deacon shares each way and how it can help you achieve financial independence.

 

Today’s Guest, Deacon Hayes

Deacon Hayes is a financial expert, speaker, and podcaster. He is the founder of Well Kept Wallet which is a financial education company that provides personal finance resources to people across the world.

Book: You Can Retire Early!: Everything You Need to Achieve Financial Independence When You Want It.

Website: WellKeptWallet.com

Twitter: @DeaconHayes

 

Today’s Panelists

Miranda Marquit | Adulting.tv
Doug Goldstein | How to Subscribe to a Podcast on an iPhone
Joe Saul-Sehy | Stacking Benjamins

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode

Investing in Raw Land with Mark Podolsky, The Land Geek

Raw land. Is it the undiscovered country of the investing world?

Mark Podolsky of TheLandGeek.com shares his experience buying, selling, and leasing raw land as an investment.

Unlike buying traditional real estate, purchasing raw land doesn’t require a lot of money. Mark outlines a process of looking for lots with unpaid property taxes, purchasing the lots, and then offering them to people who live along the plot line.

The key to a successful raw land purchase is to do the research and due-diligence needed to make sure you have a clear title or other obstructions to a hassle-free transaction.

After Mark’s interview, the panel discusses other thoughts behind investing in raw land – and the pitfalls you need to be aware of.

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Looking for a better way to invest? Consider Betterment.

It doesn’t cost much to start, and you get access to a portfolio built around your risk tolerance and your goals. Using Modern Portfolio Theory, pioneered by a Nobel laureate, Betterment can help you build wealth without getting caught up in the noise of the market.

Invest better with Betterment.

http://moneytreepodcast.com/betterment

 

Today’s guest, Mark Podolsky:

Mark Podolsky is owner of Frontier Properties. He has been buying and selling land full-time since 2001, completing over 5,000 land deals.

He co-hosts “The Art of Passive Income Podcast, which can be found on his website, Apple Podcasts, and other podcast directories.

Other places you can find Mark’s material:

Website: TheLandGeek.com
Free course: Email Support@thelandgeek.com with the subject “MoneyTree
Podcast: https://www.thelandgeek.com/category/podcasts/

 

Today’s Panelists

Miranda Marquit | Planting Money Seeds
Doug Goldstein | Goldstein on Gelt
Linda P. Jones | Be Wealthy and Smart
Joe Saul-Sehy | Stacking Benjamins

 

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode

Women & Divorce with Shannah Compton Game

Shannon Compton Game went through a divorce. Today she shares things she learned that helped get through the process of separating finances in a way that doesn’t drain the bank.

When facing a divorce, Shannon Compton Game finds that it’s helpful to create a list of assets you want to keep and debts that you are willing to take on. Equally as helpful is to know what you are willing to let go.

This isn’t a list you’ll share with others but rather something that will help you remain focused during the emotional and troubling times most people experience during the divorce process.

Be careful as the emotional attachment to assets could be used as a bargaining chip against you.

When asked about the steps to take when a divorce is imminent, Shannon says:

  1. Learn what rules of separation pertain to the state you live in
  2. Take steps to separate yourself from joint credit cards and get a separate bank account
  3. “Know your numbers”: It’s important to be aware of all living expenses and the amounts
  4. When looking for a lawyer, ask friend or trusted acquaintances for references

She also shares her thoughts about the following:

  • Situations, if any, where you and your future ex should you try to come to an agreement on your own
  • Hiring a certified financial planner to help you place values on assets and debts
  • The expectation of how long a divorce can take
  • Prenuptial agreements

 

Looking for a better way to invest? Consider Betterment.

It doesn’t cost much to start, and you get access to a portfolio built around your risk tolerance and your goals. Using Modern Portfolio Theory, pioneered by a Nobel laureate, Betterment can help you build wealth without getting caught up in the noise of the market.

Invest better with Betterment.

http://moneytreepodcast.com/betterment

 

Today’s guest, Shannah Compton Game:

Shannah is a CFP® and host of the Millennial Money Podcast. She talks about all kinds of lifestyle topics, not just divorce.

You can find her podcast in Apple Podcast / iTunes and Spotify

 

Links to other Shannah Compton Game’s online properties:

Website: Your Millennial Money

Shannah on Twitter

Shannah on Instagram

 

Today’s Panelists

Miranda Marquit | Planting Money Seeds
Doug Goldstein | Goldstein on Gelt
Linda P. Jones | Be Wealthy and Smart
Joe Saul-Sehy | Money in the Morning

 

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode

 

Start a Business and Cultivate Multiple Income Streams with Johnny Gabriele

Investing in equities can help you build wealth, but creating a business and finding other streams of income can help accelerate building your net worth.

Johnny Gabriele knows this all too well. He thought it would be fun to find a cat-shaped cake mold for his girlfriend. After looking everywhere and finding nothing, he took the opportunity to create his own. Then he started selling them online, and Charlie Cat was born.

Steps to creating a business

Johnny shares the steps to creating a business, and emphasizes that they should be followed in a precise order:

The first step is to explore the industry and know what is already out there.

Step 2 is “Do not jump to Step 5 or 6”. Before incorporating the business or hiring contractors or employees, do some research to see if there is actually a need for it.

Other steps to start a business:

Speak with your future customers. Is your product or service something strangers would pay for. Johnnie says the best place to test this is Facebook groups and Reddit.

Tweak your product based on the feedback from strangers. Create a “minimum viable product” and tweak some more. Sometimes you are one change away from success.

And finally, Johnnie talks about A/B testing Facebook ads or landing pages, customer acquisition costs, and ways to pay for it all.

Read 8 Steps to Properly Start a Business

 

Looking for a better way to invest? Consider Betterment.

It doesn’t cost much to start, and you get access to a portfolio built around your risk tolerance and your goals. Using Modern Portfolio Theory, pioneered by a Nobel laureate, Betterment can help you build wealth without getting caught up in the noise of the market.

Invest better with Betterment.

http://moneytreepodcast.com/betterment

 

Today’s guest, Johnny Gabriele:

Johnny Gabriele invented Charlie Cat, a dessert mold for making cat-shaped cakes, ice sculptures, jello or even soap.

He co-founded HZQ Consulting to help others craft personalized digital strategies to grow into mighty organizations.

Charlie Cat cake molds on Amazon

Johnny on LinkedIn

 

Today’s Panelists

Joe Saul-Sehy | Stacking Benjamins
Doug Goldstein | Goldstein on Gelt
Miranda Marquit | Miranda’s 5-minute Outsourcing video
Linda P. Jones | Linda’s YouTube channel

 

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode

Investing and Intellectual Property with Attorney Daniel Goldstein

Why is knowing about intellectual property important for normal investors?

A patent gives you a specific right in a given country. It give the right of exclusivity to sell the item or device, build the device, or import it into the country.

A great name, they offer something exclusive, or a company that works hard and offers an excellent product or service. A patent can be placed on any one of these things to bring something unique to an investor.

Dr. Daniel Goldstein also explains the complications of patents in other countries, how somebody gets a patent, and the difference between trade secret and patent rights.

 

Looking for a better way to invest? Consider Betterment.

It doesn’t cost much to start, and you get access to a portfolio built around your risk tolerance and your goals. Using Modern Portfolio Theory, pioneered by a Nobel laureate, Betterment can help you build wealth without getting caught up in the noise of the market.

Invest better with Betterment.

http://moneytreepodcast.com/betterment

 

Today’s guest, Dr. Daniel Goldstein:

Dr. Daniel Goldstein is a senior patent attorney at Sanford T. Colb & Co. He is a licensed attorney in Israel, and is additionally licensed to practice before the Israel and US patent offices.

Daniel and his team prepare and prosecute patent applications in various fields, including medical devices, mechanical devices, software, and others.

To contact Dr. Daniel Goldstein, go to http://stc.co.il/danielmgoldstein.asp

 

Today’s Panelists

Doug Goldstein | Profile-Financial
Katie Brewer | Your Richest Life Planning
Miranda Marquit | Planting Money Seeds
Linda P. Jones | Be Wealthy and Smart

 

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode

Long-Term Tax Planning with Rick Rodgers and the Panel Talks about Tax-Free Investing

On today’s show, Joe interviews CFP® Rick Rodgers about long-term tax planning strategies.

Mr. Rodgers describs the three legs of a tax-efficient retirement strategy:

  • Pre-tax
  • After-tax
  • Tax-free

There are many strategies and investment vehicles to choose from. How you use each of these in a tax-efficient manner can help you grow your wealth faster in the long run.

Then, after the interview, the panel comes on to discuss Social Security, municipal bonds, and year-end tax strategies that can help you can avoid being taxed on capital gains when expecting a loss in the market.

There’s lots to learn in this episode. Enjoy!

 

Looking for a better way to invest? Consider Betterment.

It doesn’t cost much to start, and you get access to a portfolio built around your risk tolerance and your goals. Using Modern Portfolio Theory, pioneered by a Nobel laureate, Betterment can help you build wealth without getting caught up in the noise of the market.

Invest better with Betterment.

http://moneytreepodcast.com/betterment

 

Today’s guest, Rick Rodgers:

Rick Rodgers is a CFP®, CRPC®, and co-founder and president of Rodgers & Associates.

He started his profession at a large Wall Street firm in 1984 before founding Rodgers & Associates. He and his wife have won awards and recognition over the past decade as well as being active in his church and community in Lancaster, PA.

You can read more about him at rodgers-associates.com/team/rick-rodgers

Rick Rodgers has authored two books:

 

Today’s Panelists

Joe Saul-Sehy | Money in the Morning
Linda P. Jones | Be Wealthy and Smart
Miranda Marquit | Planting Money Seeds on Facebook
Doug Goldstein | Profile-Financial.com

 

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode

 

Constructing ETFs with Kip Meadows – PLUS the Panel Talks Marijuana Stocks

Kip Meadows joins us to talk about how ETFs are constructed.

He explains that an ETF is a type of mutual fund that trades like a stock. While mutual funds aren’t technically traded until the end of the day, ETF transactions can be conducted during intraday trading.

“They’re organized in a structure that allows buying shares in an underlying portfolio. That’s why you go through an exchange because you have to to go through a broker dealer in order to purchase an ETF. The broker-dealer will purchase the shares in the underlying ETF and the broker-dealer is who keeps up with how many shares you own. The broker-dealer then handles the accounting to show you how many shares you own – which is different than an open-end fund where the transfer agent for the open end fund directly carries your shares at the fund.

They’re created the same way as any sort of registration with the Securities and Exchange Commission – you have to file the registration to become effective, and once it’s effective then you can purchase those shares through the broker-dealer.”

Then our panel gets into a discussion about alternative medicinal ETFs and who’s getting into marijuana stocks.

 

Looking for a better way to invest? Consider Betterment.

It doesn’t cost much to start, and you get access to a portfolio built around your risk tolerance and your goals. Using Modern Portfolio Theory, pioneered by a Nobel laureate, Betterment can help you build wealth without getting caught up in the noise of the market.

Invest better with Betterment.

http://moneytreepodcast.com/betterment

 

Today’s guest, Kip Meadows:

Kip Meadows is CEO and founder of Nottingham.

Before Nottingham, Kip co-founded Insured Benefit Design in Raleigh, NC in 1983 and joined Robinson Humphrey in 1985 because of their industry leading investment management consulting practice.

Another two years later he joined Raymond James as the youngest principal of an OSJ in the RJ system. then repurposed the Nottingham Company when he became interested in the need investment advisors expressed for an efficient way to pool separately managed accounts.

About Kip Meadows:
https://www.ncfunds.com/about/kip-meadows

Website:
http://nottinghamco.com or https://www.ncfunds.com

 

Today’s Panelists

Miranda Marquit | Planting Money Seeds on Facebook
Joe Saul-Sehy | Stacking Benjamins
Doug Goldstein | Goldstein on Gelt
Linda P. Jones | Be Wealthy and Smart

 

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode

 

How to Make Money in the Stock Market with Insider Trading, Stock Buybacks, Consumer Confidence, and the Fed

Insider Trading may not be what you think it is. But it is clear that there are rules to follow when certain knowledge is obtained when it comes to buying or selling stocks.

When you see people get shares inside their own company and they immediately sell. This is not illegal, and could be used as an indicator in your decision to buy or sell.

We also talk about stock buybacks, following the Consumer Confidence index, and how you can read various indicators.

 

Looking for a better way to invest? Consider Betterment.

It doesn’t cost much to start, and you get access to a portfolio built around your risk tolerance and your goals. Using Modern Portfolio Theory, pioneered by a Nobel laureate, Betterment can help you build wealth without getting caught up in the noise of the market.

Invest better with Betterment.

http://moneytreepodcast.com/betterment

 

Today’s Panelists

Linda P. Jones | Forbes article
Doug Goldstein | Goldstein on Gelt
Miranda Marquit | Planting Money Seeds
Joe Saul-Sehy | Stacking Benjamins

 

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode

Here Comes the Stock Market Crash – What to Do Next

What’s going on in the market? Can you predict the next market downturn from how well the economy is chugging along and the confidence of consumers?

For almost a decade, people have been predicting the next bear market. With the recent volatility in the DOW and S&P 500 index, you would think their prediction is coming true.

But is it?

Doug Goldstein, Linda P. Jones and Miranda Marquit discuss indicators we can examine to determine how the market is doing today and what that means for the future.

It should be noted that nobody can predict the future, and past performance is no indication of future returns. This podcast is for informational purposes only. Before making any decision or taking any action, you should consult a competent professional.

 

Looking for a better way to invest? Consider Betterment.

It doesn’t cost much to start, and you get access to a portfolio built around your risk tolerance and your goals. Using Modern Portfolio Theory, pioneered by a Nobel laureate, Betterment can help you build wealth without getting caught up in the noise of the market.

Invest better with Betterment.

http://moneytreepodcast.com/betterment

 

Today’s Panelists

Doug Goldstein | Goldstein on Gelt
Linda P. Jones | You’re Already a Wealth Heiress
Miranda Marquit | Investopedia

 

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode

How Do ETFs and Other Funds Work with Kevin Quigg

Kevin Quigg describes the differences between ETFs, mutual funds, and the type of person who would benefit from hedge funds.

Exchange Traded Funds (ETF) is traded during the day, just as a single stock would be.

Mutual funds are typically bought directly through the mutual fund manager. The price is determined by the net asset value of the securities held within the fund at the end of the trading day.

Kevin Quigg describes hedge funds as different from ETFs and mutual funds as “sharp tools rather than dull instruments”. He goes on to explain that hedge funds are only available to qualified investors…those who have met certain requirements and proven themselves to be able to truly understand the amount of risk they are taking.

There are also numerous restrictions with hedge funds. Listen to Miranda’s interview with Kevin Quigg and then the discussion our roundtable has immediately following.

 

Our show sponsor

Proudly sponosred by Buzz indexes (BUZ on the NASDAQ)

 

Today’s guest, Kevin Quigg:

Kevin Quigg is Chief Strategist for Exponential ETFs. In this role he is responsible for expanding the footprint and awareness of Exponential ETFs proprietary strategies to allow investors to access the previously unexploited investment factor of customer satisfaction. Prior to joining SPDR ETFs, he was a Business Development Officer responsible for exchange traded product sales for Barclays Global Investors.

Website: https://exponentialetfs.com

 

Today’s Panelists

Miranda Marquit | Planting Money Seeds
Linda P. Jones | Be Wealthy and Smart
John Ross | Big Picture Retirement

 

For a quick bio of each of our show participants, head on over to our panelists page.

Send us your questions for a future Listener Letters episode

 

About our sponsor, BUZZ Index

Proudly sponsored by Buzz indexes (BUZ on the NASDAQ)

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Here’s how it works: First, BUZZ targets the most mentioned large cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.

Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.

Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.