In this episode of "New Focus on Wealth," host Chad Burton discusses a range of topics, including UFO hearings, a potential mini-stroke by Mitch McConnell, and the discovery of a new room temperature superconductor. He also highlights the busy week of earnings reports for the second quarter. Stay tuned for the release of FactSet's earnings insight report on Friday.

Timestamps:

[00:00:54] UFO hearings.

[00:04:12] Investing and retirement strategies.

[00:08:09] Abusing the 1031 exchange.

[00:12:26] Concentrated stock positions.

[00:16:19] Highly concentrated stock position.

[00:19:32] Selling covered calls for income.

[00:23:44] Charitable remainder trust.

[00:25:27] Charitable remainder trust and taxes.

[00:29:01] Hedging highly concentrated stock positions.

[00:32:13] Mental health and homelessness.

[00:36:37] Passive income options.

Email your money question to [email protected].

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.ChadBurton.com