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

Investing for a Living with Roger Dowd

Have you considered quitting your job and becoming a professional investor? In this episode, we interview Roger Dowd who spent over 9 years as a professional investor, investing for a living. He shares his experiences, and warnings, for people who want to follow this path.

Technology has helped redefine the definition of a trader. Roger Dowd says, “Most people who view themselves as traders, if they are doing it right they are actually investors.”

He discusses how AI is going to disrupt the investment industry and what we could see in the coming future for investors.

Then Miranda joins Kirk in our panel discussion. Kirk describes how Investing for a living is a lot like a job: You wake up, assess the markets, put together your buy and sell orders for the day, set limits, etc.

Listen to the whole episode to learn more about investing for a living.

 

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, Roger Dowd:

Roger spent many years working at various financial companies such as Caxton, UBS, Morgan Stanley, Axiom Capital Management and is currently Chief Operating Officer at AG Capital Investments.

You can find more about Roger on his LinkedIn profile or visit his website.

 

Today’s Panelists

Kirk Chisholm | Innovative Wealth

Miranda Marquit | Planting Money Seeds on Facebook

 

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 Invest in a Business with Kelly Coughlin

Kelly Coughlin from EverydayCPA.com helps us understand investing from an owner/operator aspect, plus shares the 3 Stages when starting a successful business.

Three stages when starting a successful business:

  • Stage 1: Test the product/service in the marketplace
  • Stage 2: You will encounter forces that compete with your product
  • Stage 3: Get your first client

Then the panel discusses:

  • Things to look for when starting a business
  • What key things to look for when starting a business with a partner
  • Advantages of buying into 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.

https://moneytreepodcast.com/betterment

 

Today’s guest, Kelly Coughlin:

Kelly Coughlin has founded tech companies and has an extensive history as a CPA.

He’s also owner of Everyday CPA, a service that provides tax, accounting, and risk management solutions.

You can find more at their website, https://everydaycpa.com/  

 

Today’s Panelists

Miranda Marquit | Planting Money Seed

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 episode:
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We want to know a little about you. Please complete this quick 1-minute survey:
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How to Invest in Tax Liens with Melanie Finnegan

When property taxes aren’t paid, tax liens can be levied against the property.

The liens are then sold to investors. If the liens are not paid within a certain amount of time, the investor can push to have foreclosure initiated, thus collecting at least the interest and principal of the original investment.

Our guest, Melanie Finnegan of Tax Lien Wealth Solutions, explains there is a difference between a tax lien and a tax deed, and that there are two types of markets: Primary and secondary markets.

To learn more, listen to the interview and stick around for the panel discussion where we learn how tax liens fit into an investment portfolio.

 

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, Melanie Finnegan:

Melanie Finnegan is Founder and CEO of Tax Lien Wealth Solutions, a service that provides portfolio management, coaching, and mentoring tax liens and tax deeds.

To learn more or watch a video, visit their website at www.taxlienwealthsolutions.com

 

Today’s Panelists:

Miranda Marquit | Planting Money Seeds
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

Listener Questions – Stock Buybacks, Investing with ETFs, HSAs for Retirement, and Figuring out When to Sell Your Stocks

The mailbag is full again, so we spent time answering your questions!

Justin asks: Is GM justified with cutting it’s workforce when spending more than $10M buying back shares?

Tyler read that buying small cap funds in a taxable brokerage account isn’t wise because of capital gains. He has been buying small cap ETFs in a regular brokerage account when earning overtime. Should he be concerned?

CJ has heard that HSAs are the holy grail of retirement investing. They already have great insurance through his wife’s government job. Does it make sense to open a high-deductible plan just for the benefit of being able to max out an HSA for retirement purposes?

Antonio understands the benefits of holding investments for the long term but wants to know how to determine the right time to sell.

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

 

We want to know about you.

Please fill out this 1-minute survey:
https://survey.libsyn.com/moneytreeinvesting


Today’s Panelists

Miranda Marquit | Planting Money Seeds

Kirk Chisholm | Innovative Wealth

Joseph Hogue | Let’s Talk Money on YouTube

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 with P2P Lending

Joseph Hogue and Kirk Chisholm join us again this week as we discuss P2P Lending.

P2P lending, more specifically defined as Peer-to-Peer lending, replaces the position of a traditional bank when it comes to taking out a loan.

P2P sites like Lending Tree and Kiva also matches borrowers to individuals who want to lend out money and earn interest.

Is P2P Lending right for you? What alternatives are there for individuals who want to put their money to work but mitigate some of the risk?

Find out 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


Now that you know about our guest, we want to know about you. Please fill out this 1-minute survey: 7-question survey


Today’s Panelists

Miranda Marquit | Planting Money Seeds on Facebook

Joseph Hogue | Lending Club loan filter YouTube video

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


Real Estate Blockchain Investing with Matthew Sullivan

Would you invest in someone else’s home?

Using blockchain technology, you could own a portion of someone’s home. Or as a home owner, you could sell some of your equity to get some much needed cash without having to pay interest.

Matthew Sullivan from QuantmRE explains how this works and what it can do to diversify your portfolio in a new way.

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, Matthew Sullivan:

Matthew Sullivan is Founder and CEO at QuantmRE.

QuantmRE helps people invest in real estate like the stock market by enabling fractional interests in real estate investments to be bought and sold on the Blockchain.

In addition, QuantmRE is creating EQRE – the world’s first crypto currency with true intrinsic value – a token backed by audited real estate assets.

Website: https://quantmre.com

Today’s Panelists

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

Send us your questions for a future Listener Letters episode

Investing in Cryptocurrencies with Barbara Longue

Bitcoin, Etherium, Litecoin, Monero…there are dozens of cryptocurrencies. Barbara Longue says thousands are still to come.

Are cryptocurrencies truly an investable asset? Miranda and Doug get to the bottom of this in today’s episode.

What you’ll learn today:

  • Why is blockchain technology important
  • What is cryptocurrency
  • The difference between Altcoin and Bitcoin

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 Longue:

Barbara Longue is the founder of Easy Peasy Crypto.

Barbara brings together some of the cutting edge thought leaders in the world of crypto, bitcoin and blockchain to share with you how to get started and make sense of what will be completely changing how we do everything on the internet and handle money and transactions in the very near future and how you can profit from this massive shift.

Learn about monetizing crypto with her toolkit: http://easypeasycrypto.com

 

Today’s Panelists

Miranda Marquit | Planting Money Seeds on Facebook
Doug Goldstein | Profile Financial

 

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