The Financial Matters of Losing Someone You Love – Interview with Jennifer Luzzatto

Jennifer has an important story to share about her experience with the loss of a loved one. She talks about why it is important to think about mortality, emotional balance, and advanced planning before losing someone you love. After the death of a loved one, there are so many decisions to be made, and our fear of making the wrong choices can be paralyzing. We find ourselves asking, What’s the next step? How will I do it? Will I do it right?

When we’re drowning in big emotions, managing the financial aftermath becomes a part-time job we don’t want.

If you are in this situation, you may feel there is a big mess in front of you right now. It can be organized. Even in chaos, you can figure out where you are financially, and where you can go from there. You can put the pieces together, organize the confusion, and create a financial plan that’s easily managed.

losing someone you love

Inheriting Chaos With Compassion – The Lessons Continue

Have you ever noticed that the old adage “bad things comes in threes” really does seem to true?  We go through seasons in our lives where we deal with multiple difficult issues.  Thankfully, for most of us, we also experience seasons of relative ease with less stress.  Since I finished my book, “Inheriting Chaos With Compassion” earlier this year, other complex family situations have become more intense.  As reflected in my book, I lost my husband to Leukemia four years ago and my sister to a heart attack a year and a half ago.

Working through my sister’s estate was complex and stressful, but it is wrapped up and settled.  However, her husband, who suffers from frontal lobe dementia has needs that are becoming more intense, and in the wake of her death, I am the person responsible for making sure that he gets the care he needs.

Simultaneously, my parents have made the decision to move into a continuing care community.  I think they believe they are mostly doing it for me, but I suspect they will find the simplicity of no longer taking care of their home will give them some unexpected freedom to enjoy more of their rich lives.  I can feel the stress of the looming move and downsizing whenever I think about what lays before us in the coming months.  With my sister’s death, I became an only child, and my parents need more of my help.  I am thankful that I can be present to help them.

I am also currently watching someone that I dearly love slowly lose his beloved mother to heart failure.  He and his sisters are working very hard to be as fully present as possible for their mother in this last phase of her life.  Mixed in with jobs, spouses, and children, they are all stretched very thin and exhausted.

All of this got me thinking about what further lessons I have learned as I have walked the path of change and loss with my loved ones.

Lessons learned with my brother-in-law:

Because he has frontal lobe dementia his behaviors have become more and more bizarre as his ability to reason and act rationally have declined.  In my effort to keep him in the assisted living facility he initially moved into after my sister died, chaos reigned. I hired a dog sitter to try to let him keep his dog.  I used two agencies to have sitters with him during the day to try to reduce his disruptive behaviors.  I fielded endless phone calls reporting on those behaviors, supplies needed, and problems to solve.  Supplies needed to be ordered.  Everyone had an opinion.  It all became very intrusive on my work and personal life, and none of it was alleviating the situation, and in fact, it was getting worse.

It would have been better for him, the dog and even myself if I had recognized sooner that a move was in order, as much as I hated to do that to him.  The only reasonable move from his assisted living facility was to a locked memory care unit, and it seemed like such a terrible thing to do to him.  Plus, it would require that I take his dog away.  I had his dog kenneled three days to see how both he and my brother would react.  It seemed to go OK and removing the very large yellow lab from the situation reduced the overall chaos for the caregivers and the assisted living facility.  Although it took a lot of effort and some trial and error, I was able to get the dog adopted by some lovely people who were happy to have a geriatric old dog.  He is receiving much better care and enjoying a much more stable situation.

As soon as that issue was settled I began the process of getting my brother-in-law to a facility where he could get more hands-on care.  I worked with a specialist in matching people with the best facility for them, and it was priceless help.  I strongly recommend recruiting that kind of help, especially if the person needing help has complex medical or behavioral issues.  Now, he receives much more specialized care and detailed attention to his medications.  As guilty as I felt for moving him into a memory care unit, it really is best for him.  Guilt can be powerful, but I should not have let it stop me from implementing the changes that he really needed.

 

Lessons learned from my parent’s current situation:

As much as I felt that the move to a continuing care facility was the best move for my parents, they did not want me to “boss” them into it.  As my parents need more help with many things, despite their still being very involved in life, it is easy to slip into the role of directing them instead of supporting them.  But, they are still my parents and think they are the boss of me, so they resent the appearance of that dynamic being flipped on its head.  My parents take their perceived authority over me seriously.  My Mom still reminds me to wear a coat when it is cold outside and feels compelled to frequently tell me that I don’t eat enough and that I need more protein.  It flies in the face of all parental authority to have someone that they think needs coat wearing reminding to tell them what is best for them.  Thankfully, I realized that I needed to back off before they had dug their heels in too deeply, and they ultimately committed to making the move.  I am grateful for this, as I believe it will give us more time in the future to invest in our relationship versus caregiving arranging, etc.

 

Lesson’s learned from my dearly loved friend’s situation:

As difficult at this time in their life is, my friend and his sisters have received an unexpected gift.  It has been rare over the years to have time with just the four of them.  His father died when the three children were young, and their Mom built a tight family unit as a single mom.  But marriages, careers, and children made it more difficult for the core family unit to have time together, just the four of them.  Impressively, as spouses and children were added, they have been able to stay just as close, if not closer, as a bigger family.  As the “kids” have had to come together to make decisions for their mom and care for her, they have been able to sit, talk and reminisce as well.  I have an aunt who is currently in a similar situation, but she is dying from cancer.  My cousins have also been able to experience the old familiar closeness that was once routine.  My lesson here is as hard as those situations are, don’t forget to look for the hidden blessings.

As each life continues to move forward, the lessons will continue.  I want to be someone who looks for the best within the difficulties of life.

losing someone you love jennifer luzzatto

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.

https://moneytreepodcast.com/betterment

Today’s Guest, Jennifer Luzzatto:

Jennifer is a Chartered Financial Analyst®, a Certified Financial Planner®, and a NAPFA registered financial advisor. She began her career in financial services thirty years ago as a fixed-income trader in a regional brokerage firm and went on to manage personal trust accounts, institutional portfolios, and a municipal bond mutual fund at a commercial bank. In 1999, she founded Summit Financial Partners, transitioning from banking to financial planning and investment advisory services. Jennifer holds a BA in Psychology and an MBA from the University of Richmond. She lives in Richmond, Virginia, with her daughter and their dog.

Jennifer Luzzatto’s online presence:

Summit Financial Partners

@JenniferLuzzatt (Twitter)

Books referenced:

 

Today’s Panelists

Kirk Chisholm | Innovative Wealth

Megan Gorman | The Wealth Intersection

Valerie Rind | ValerieRind

Miranda Marquit | Planting Money Seed

Choosing The Best Robo Advisors – An Interview with the Top Robo Advisor Expert, Barbara Friedberg

Is a Robo-Advisor Right for Me?

Type “robo-advisor” into the Google search box and over 9 million results populate. While ten years ago, a robo-advisor was barely a concept. Actually, the entire financial management industry has been disrupted during the past decade by the best robo-advisors.

With the popularity of low fee index funds stealing market share from higher-fee actively managed funds, investors benefit with lower investment fees. Commissions have dropped to just a few bucks per trade, with some apps offering free trading. Fintech robo-advisors are another component of the low fee investing landscape.

While investment management is a very old profession, digital investment management is a relatively new invention. Learn about digital investing and find out if a robo-advisor is right for you.

What is a robo-advisor?

A robo-advisor is a version of investment management that uses computer programs, or algorithms to create optimal portfolios for investors.

Most robo-advisors’ algorithms are based upon modern portfolio theory, a concept that strives to offer the highest returns for the least amount of risk.

The portfolios or group of investments created by a robo-advisor are tailored to the user’s time-frame, goals, risk tolerance, age, assets and other criteria. Some robo-advisors offer financial advisor access, while others are completely digital.

The main draw of robo-advisors is that they offer investment management for fees typically lower than those of financial planners.

Are robo-advisors all alike?

There is a tremendous distinction within the automated investing or robo-advisor categories.

Robo-advisors distinguish themselves by their fees and offerings. In particular, following is a list of distinctions you’ll find within the class of robo-advisory investment managers.

Robo-advisors vary based upon:

  • Fee structure
  • Tax strategies such as availability of tax-loss harvesting
  • Access to financial advisors
  • Types of investments from individual stocks to various types of investment funds
  • Investment strategies including smart beta, socially responsible, passive index fund investing and/or active management
  • Target market-some robo-advisors are geared toward newbies while others court higher net worth, sophisticated investors
  • Minimum investment amount
  • Rebalancing frequency
  • Client services and contact hours
  • Available account types
  • And more

Who needs a robo-advisor?

A robo-advisor is ideal for the investor who wants professional management for a lower management fee than that of a typical financial planner. Robo-advisors are great for individuals who would like occasional access to financial advisors and the ability to pay for advice on an as-needed basis.

Both Betterment and Personal Capital robo-advisors offer financial advisory access. Yet, the Personal Capital investment management platform targets a wealthier clientele with a minimum of $100,000 to invest and includes financial advisor access for all clients. While Betterment has a basic digital level has a zero minimum, the $100,000 minimum premium level includes financial advisor access, similar to that of Personal Capital. Except, the lower-fee Betterment digital client can purchase financial planning packages that include limited meetings with a Certified Financial Planner.

So, it’s clear that even if you’re an investor who wants investing guidance, you can still use a robo-advisor. In fact, today many typical financial advisors are competing with robo-advisors by using computer algorithms to manage the investments while spending their time counseling their clientele.

For cost-conscious investors who can do without a financial planner, there are multiple robo-advisors that fit the bill. M1 Finance, Wealthfront and Betterment Digital all offer low or no fees to manage your investments. M1 Finance doesn’t charge management fees and is a convenient mix between DIY investing and a typical robo-advisor. While Wealthfront offers Path, a digital financial advisor that promises to replace your need for a human financial planner.

Any investor beginning investor on up to a moderately affluent individual can find a digital money manager that provides financial planning and investment management. The key is choosing the robo-advisor with the best combination of fees, minimums and services for you.

Who doesn’t need a robo-advisor?

If you’re a do-it-yourself investor and have enough time and knowledge to manage your own portfolio, then you don’t need a robo-advisor. This group includes the passive investor able to choose the appropriate percentages of each fund, to match her risk comfort and tolerance levels. If she can also rebalance back to the preferred asset allocation, then a robo-advisor is unnecessary.

If you have a complex financial situation and great wealth, you would probably prefer a full service financial manager. The firm that offers tax, estate, and sophisticated investment planning is usually best for these ultra-high net worth individuals.

Although, in some cases, for the cost conscious, even the uber-wealthy might be happy investing with a robo-advisor and paying accountants, and lawyers for additional guidance. In fact, Elm Partners is a well-respected robo-advisor for the wealthy, with a $300,000 minimum, that only charges .12% to manage your assets.

Actually, with such a wide variety of robo-advisors, there is probably an appropriate pick for almost any type of investor.

Which is the Best Robo-Advisor for Me?

Choosing a robo-advisor isn’t easy. There are online tools to help you choose a robo-advisor and narrow down your options. But, the preferred approach to determining the best robo-advisor for you is to figure out what you’re seeking in an investment manager.

Do a quick self-analysis before wading through the crowded robo-advisory pool.

For instance, if you want a free robo-advisor with zero investment management fees, there are several to choose from: WiseBanyan, M1 Finance, Schwab Intelligent Portfolios.

If you want a robo-advisor with financial planners, there’s another list including:

  • Ellevest
  • Personal Capital
  • Betterment
  • Wealthsimple
  • Vanguard
  • SigFig
  • TD Ameritrade Essential Portfolios
  • Vanguard Personal Advisor Services
  • And more

For the socially conscious investor, many robo’s are adding this investment approach. In fact, socially responsible investing is becoming so popular that it’s difficult to find a robo-advisor that doesn’t offer one.

Making the final robo-advisor decision is a personal one. There are many excellent platforms from which to choose. You’re best served choosing a robo-advisor that’s been around for a few years.

Ultimately, most robo-advisors are well-run, based upon sound financial principals and will manage your money for a reasonable fee. If you’ve been putting off investing or would like some low fee investment management, you’ll be well-served by letting a robo-advisor manage your assets.

Barbara A. Friedberg, MBA, MS is a veteran portfolio manager, expert investor, and former university finance instructor. She is author of Personal Finance; An Encyclopedia of Modern Money Management and several other books. Friedberg’s websites include Robo-Advisor Pros.com and BarbaraFriedbergPersonalFinance.com.

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Best Robo Advisors

In this weeks episode…

We interview veteran portfolio manager Barbara Friedberg to discover the best robo advisors you should consider for your portfolio. Barbara is an author, fintech consultant, and former university finance instructor. She is one of the foremost experts on robo advisor platforms.

She joins us today to talk about the essential details you need to know and how to differentiate each from their peers.

Tim Picciott, Andy Wang, Kirk, and Miranda joins us this week on our panel to discuss how robo-advisors are affecting the financial service industry.

 

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.

https://moneytreepodcast.com/betterment

 

Today’s Guest, Barbara Friedberg:

Barbara A. Friedberg, MBA, MS is a veteran portfolio manager, fintech consultant, expert investor, author and former university finance instructor. She is CEO of Robo-Advisor Pros.com, a robo-advisor review and information website. Her work is found on US News and World Report, InvestorPlace, and more.

 

Barbara Friedberg’s online presence:

www.roboadvisorpros.com

www.roboadvisorpros.com/robo-advisor-selection-wizard

www.roboadvisorpros.com/robo-advisor-comparison-chart (free downloadable)

 

Social: Twitter @barbfriedberg, @roboadvisorpros and LinkedIn

 

Books referenced:

A Random Walk Down Wall Street- Malkiel

Elements of Investing – Malkiel and Ellis

Invest and Beat the Pros-Create and Manage a Successful Investment Portfolio

Personal Finance; An Encyclopedia of Modern Money Management (publisher, Greenwood Press)

How to Get Rich; Without Winning the Lottery

 

Today’s Panelists

Kirk Chisholm | Innovative Wealth

Tim Picciott | The Liberty Advisor

Andy Wang | Runnymede Capital Investments

Miranda Marquit | Planting Money Seed

Flipping Real Estate for Profit – Interview with Dominic Kirchner

Have you considered investing in real estate for extra income, as a career, or a hobby?

Think again…

This week we have Dominic Kirchner on our show to talk about flipping real estate for profit. Dominic has been successfully investing in real estate, flipping and rehabbing real estate for profit for over 17 years. This past year he did 50 fix and flips and he continues to grow each year.

Dominic talks about who his inspirations were… How to find great deals… The importance of having a good team… Why you need to stay in your lane… the importance of having a good exit strategy… and most importantly he talks about the current conditions of the real estate market and where he thinks it will go from here.

If you are a real estate investor, you don’t want to miss this week’s show.

If you are thinking of becoming a real estate investor… don’t miss this week’s show.

If you are not interested in real estate at all… please fill out our survey and tell us what you want to hear about.

We here are Money Tree Investing love talking with experts to get the inside scoop about investing. Wall Street tends to make everything look pretty. We don’t. We want the truth. That is what you can expect here.

On this week’s show, we also have a great group of panelists’ to discuss the topic of flipping properties for profit. After you hear what we have to say about flipping real estate for profit, you may want to reconsider your real estate investing plans.

 

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.

https://moneytreepodcast.com/betterment

 

Today’s guest, Dominic Kirchner:

Dominic Kirchner is an expert real estate investor who has been successfully investing in real estate for the past 17 years (2002). He invests in a variety of ways, fix and flip, rehab, lending, buy and hold, wholesaling, etc. The true mark of an experienced real estate professional is one who has not only survived a real estate recession but who has thrived because of it. Dominic used 2008 as an opportunity to accelerate the growth of his real estate business to where he is today. This past year he completed 50 fix and flips and is on track to continue his growth.

Dominic is also a real estate agent and one of the top producing agents in his office. He specializes in deal structuring, negotiating and the paperwork required for both buying and selling a property. Dominic received his BS in Business Administration with a concentration in Accounting from Northeastern University.

Website: www.hampdenhomebuyers.com

 

 

Today’s Panelists

Kirk Chisholm | Innovative Advisory Group

Miranda Marquit | Planting Money Seeds

Mindy Jensen | Bigger Pockets

Anson Young | Anson on Bigger Pockets

Victor Sperandeo – Legendary Futures and Options Trader and Market Wizard

Market Wizards Series of Investing Legends: Victor Sperandeo “Trader Vic”

Welcome to the first of a series of interviews with market wizards and investing legends. This week we interview Victor Sperandeo or “Trader Vic”. He is to Wall Street what Warren Buffett is to Main Street. Unless you are a student of the market you may have never heard of him, but you are in for a treat today.
Vic is a master trader of futures and options. He started an options firm, Ragnar Options Corp, and within 6 months it was the largest options OTC dealer in the world. He racked up a nominal rate of return of 70.7% annually without a losing year between 1978 and 1989. He famously predicted the 1987 stock market crash in a Barrons interview in September of 1987. He has worked with other legendary traders George Soros and Leon Cooperman. He has been featured in some best selling books such as “The New Market Wizards”, and “super traders”, and he has authored 3 books of his own detailing his investment philosophy. He was inducted into the trader hall of fame by Trader Magazine in 2008. Lastly, he has created 2 indexes and 3 methodologies for the futures markets.

Some of the topics we cover in today’s episode:

  • The evolution of Wall Street investing since 1968
  • Why his investing strategy was so successful
  • Trading Risk Management
  • The philosophy of reflexivity and how it affects the markets
  • The effects of High-Frequency Trading and technology on trading?

…and more.

Today’s show is hosted by Kirk Chisholm.

Investing Resources:

 

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.

https://moneytreepodcast.com/betterment

The Debt Mindset: Debt Resolution, Bankruptcy, Student Loans, and More

You should love your debt.

That’s the message from Leslie H. Tayne, Esq., a debt resolution attorney.

She explains some of the technical issues that exist with debt but also dives deep into the mindset of how debt can impact more than just your finances.

You will also learn about the signs for when you might consider contacting a debt resolution company or service in today’s episode.

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.

https://moneytreepodcast.com/betterment

 

Today’s guest, Leslie H. Tayne:

Leslie H. Tayne, Esq. is an award-winning financial attorney and Author of Life & Debt: A Fresh Approach to Achieving Financial Wellness. She has over 20 years of experience in consumer and business financial debt solutions which include negotiations with large international banks and credit agencies for loans, lines of credit, credit cards and student loans.

Leslie is the founder and managing director of Tayne Law Group, P.C., a law firm headquartered in New York dedicated to debt solutions. Leslie is a frequently sought-out for her expertise on financial, credit and debt topics and as a speaker, she regularly provides insight and strategies regarding all areas of debt and credit-related solutions.

For more information, please visit www.taynelaw.com

Resources and where to find Leslie H. Tayne, Esq.

Linkedin: linkedin.com/in/leslietayne

Facebook: facebook.com/TayneLawGroup/

Twitter: twitter.com/LeslieHTayneEsq

Tayne Law Group Twitter: twitter.com/taynelawgroup

Tayne Law Group Instagram: instagram.com/taynelawgroup

 

Today’s Panelists

Kirk Chisholm | Innovative Advisory Group

Kelly Coughlin | Everyday CPA

Natalie Pine | Briaud Financial Advisors

Miranda Marquit | Planting Money Seeds

Special Needs Trusts with Brynne Conroy – PLUS Asset Protection and we try to make insurance sexy

Brynne has one child with special needs. How does this change the way she does her financial planning and investing?

In general, her plan is to “save everything”. But even doing that, Brynne says she does not “max out my retirement accounts to a point where I feel that an ABLE account or Special Needs Trusts are necessary or necessarily financially viable.”

ABLE stands for “Achieving a Better Life Experience Act”, which are tax-advantaged savings accounts for individuals with disabilities and their families

Listen in as Brynne explains how ABLE accounts work, how someone would benefit from having an ABLE account, and how she’s working to live a beautiful life within the choices and parameters available to her.

 

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.

https://moneytreepodcast.com/betterment

 

Today’s guest, Brynne Conroy:

Brynne Conroy is the author of the Feminist Financial Handbook and the mother of a special needs child. She started writing about money when she didn’t have any.

As she figured out ways to save more and earn more, she shared them with the world on her award-nominated blog–Femme Frugality–and progressively climbed up the economic ladder.

Six years later, she continues to run the blog while contributing to personal finance and parenting publications both in print and on the web.

Website: https://femmefrugality.com
Book: The Feminist Financial Handbook on Amazon
Facebook: https://www.facebook.com/Femme-Frugality
Instagram: https://www.instagram.com/femmefrugality
Pinterest: https://www.pinterest.com/femmefrugality

Today’s Panelists

Miranda Marquit | Planting Money Seed

Kirk Chisholm | Innovative Wealth

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

 

Kate, congratulations from everyone here at Money Tree Investment Podcast. Thank you for participating in our March Madness promotion. We hope you use the gift card to invest in your life.

Creating Legacy Wealth from Real Estate

Marco Santarelli is the host of the Passive Real Estate Investing Podcast and the founder of Norada Real Estate, a premier real estate investment firm. Marco’s mission is to help people create financial freedom by taking the guesswork out of investing. His team is dedicated to researching top real estate growth markets and structuring complete turnkey real estate investments to minimize risk and maximize profitability.

Marco began investing in real estate at the age of 18 with a single townhouse that he bought, renovated, leased, and managed himself. He continued building his real estate portfolio over the years up to 84 units with additional single-family homes, duplexes, and small apartments. Marco is an expert in the ins and outs of real estate investing and has been helping investors create wealth and passive income for the past 15 years through Norada Real Estate. He is honored to have been named the 2017 Think Realty Master Investor of the Year.

"Be market agnostic. Live where you want, and invest where it makes sense." - Marco Santarelli

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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.

https://moneytreepodcast.com/betterment

Resources mentioned in this episode:

Today’s Panelists

Kirk Chisholm | Innovative Wealth

Miranda Marquit | Planting Money Seeds

Tim Picciott | The Liberty Advisor

Send us your questions for a future Listener Letters episode

Self Directed IRA Investing, with Kirk Chisholm

What is the difference between a traditional IRA and a self-directed IRA? Kirk Chisholm of Innovative Wealth and a regular panelist here on the Money Tree Investing Podcast says “Technically there is no difference. It’s more of a marketing language that people use”.

The self-directed IRA came about years ago as a way to distinguish between an IRA that’s investing outside of the stock market versus an IRA that’s investing in more traditional investments.

Kirk should know. Self-directed IRAs is his specialty. Listen as Joseph Hogue learns more about these interesting and unique investment options and then joins our panel to discuss the “red lights” of what to look out for.

To download the report, “9 Common Mistakes Using a Self-Directed IRA”: go to http://innovativewealth.com/moneytree  

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.

https://moneytreepodcast.com/betterment

Today’s Panelists

Kirk Chisholm | Innovative Wealth Miranda Marquit | Planting Money Seeds Joseph Hogue | Let’s Talk Money! with Joseph Hogue Tim Picciott | The Liberty Advisor

Send us your questions for a future Listener Letters episode

Trends in Accounting and Finance, with Sean Stein Smith

FinTech is making an impact in the world if investing.

Dr. Sean Stein Smith joins us to share what he says are the three major trends in accounting and finance:

1. Blockchain and cryptocurrencies
2. RPA: Robotic Process Automation
3. Entrepreneurial Angle

Then our panel gets together to discuss how these trends may affect their work in professional services.

 

Book recommendation from Kelly Coughlin: Life After Google: The Fall of Big Data and the Rise of the Blockchain Economy – by George Gilder

 

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.

https://moneytreepodcast.com/betterment

 

Today’s guest, Dr. Sean Stein Smith:

Sean Stein Smith is a CPA and Assistant Professor at Lehman College (CUNY).

Widely quoted as an expert in the intersection of blockchain, cryptocurrency, and accounting, Dr. SMith was named one of 40 under 40 in the accounting profession 2017 & 2018. He also is on the Advisory Board – Wall Street Blockchain Alliance, and Board of Governors (FDU)

Follow Dr. Smith on Twitter

Connect with Dr. Smith on LinkedIn

 

Today’s Panelists

Kirk Chisholm | Innovative Wealth
Miranda Marquit | Planting Money Seeds on Facebook
Roger Dowd | AG-Capinv.com
Kelly Coughlin | EverydayCPA.com

 

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

Send us your questions for a future Listener Letters episode

Creating Cash Flow with Jack Bosch

Traditional thinking, as described by the industry and promoted by media, is to save in retirement accounts and live off of Social Security in your golden years.

Jack Bosch describes this as “The Pile of Money Theory”: Work until you are age 65, put 10 percent of your income to the side, and by retirement you will have saved up enough to live without running out of cash.

Jack proposes the “Cash Flow for Life” approach: Money that comes in from the investments you have built such as:

  • Dividend stocks
  • Royalty payments
  • Business investments
  • Real estate

Listen as Jack shares his story out of debt, the strategies they used to generate income, and ultimately purchase assets that provide him Cash Flow for Life.

 

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.

https://moneytreepodcast.com/betterment

 

Today’s guest, Jack Bosch:

Jack Bosch is Managing Director at Orbit Investments, LLC. He has done over 3800 real estate transactions and currently hold a portfolio of properties in the Land, Single Family Home, commercial, as well as large multi-family and hospitality areas.

Over the last few years Jack and his team have expanded the business from flipping properties to syndicating large multi-family property acquisitions that provide steady and above average cash flow for the investors participating in the investments.

Find more about Jack’s services at his website, OrbitInvestments.com, or register for his online training course at LandProfitGenerator.com

 

Today’s Panelists

Miranda Marquit | Planting Money Seed

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Kirk Chisholm | Innovative Wealth
Joseph Hogue | Let’s Talk Money 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