Active Wealth Show

This week, Ford and Brandy share their financial remedy for the Coronavirus panic. They talk about ways to protect your assets and grow your wealth during volatile times such as these. Segment 1: Ford and Brandy give a market update and talk about Super Tuesday results. Announcer: (00:02)Welcome to The Active Wealth Show with your [...]

Active Wealth Show Small Business Spotlight. Fastlane Import Auto Repair with John Lamont

This week, Ford and Brandy talk with John Lamont, owner of Fastlane Import Auto Repairs, about how to reduce the cost of ownership for your vehicles. Ford and Brandy also discuss Roth ladder conversions and a strategy on how to reduce your retirement income gap.

Segment 1: Ford and Brandy talk with John Lamont, owner of Fastlane Import Auto Repair.

Announcer: (00:02)Welcome to The Active Wealth Show with your host and chief financial advisor, Ford Stokes. Ford is the founder and CEO of Active Wealth Management. He’s a fiduciary who will help protect and grow your money. Ford will teach you how to invest and retire successfully so that your hard earned assets are protected. Investment advisory services offered through Brookstone Capital management, LLC, BCM, a registered investment advisor. BCM and Active Wealth Management are independent of each other. Insurance products and services are not offered through BCM, but are offered and sold through individually licensed and appointed agents. Investments involve risk and, unless otherwise stated, are not guaranteed. Past performance cannot be used as an indicator to determine future results. Now, here’s your host Ford Stokes.

Ford Stokes: (00:43)And welcome to the show, Activators. I’m Ford Stokes, your chief financial advisor. I’m here with Brandy Seats, the asset.

Brandy Seats: (00:50)Hey everybody.

Ford Stokes: (00:51)What’s up Brandy? How are ya?

(00:53)Glad to be here.

Ford Stokes: (00:53)We’ve also got our esteemed executive producer, Christian Dooley with us today.

Christian Dooley: (00:59)I still need to add you on there, Brandy.

Brandy Seats: (01:01)Yeah, add me on the end.

Christian Dooley: (01:03)I’ll eventually get to it.

Brandy Seats: (01:05)Thanks.

Ford Stokes: (01:05)Honestly, Brandy, we have added you to the show, so you’re here, so we’ll actually try to add you to the entire show. So that’ll be great.

Brandy Seats: (01:14)I would appreciate that.

Ford Stokes: (01:15)So we’ve got a really action-packed show today. We’ve got, Brandy’s got a special guest. I’ll let her introduce him here in a second. We’re going to launch our new small business spotlight, what we call our small biz spotlight, kind of an homage to Biz 1190 that is no longer, and kind of a way to shout out to Abhi Golhar and the Abhi Golhar Show, who’s been on our show. We’re trying to focus in and give a spotlight to small business owners who do a great job from a customer service perspective, but also help pre-retirees and retirees reduce their costs in retirement just with their lifestyle and just living here and kind of in the Atlanta area. And if you’re driving around in the Atlanta area or listen to us on activewealthshow.com or on our podcast, we hope you find this great value today. Cause I think we’re going to address one of the biggest expense items during retirement, which is your auto maintenance expense and also just buying an auto and all that kind of stuff. Just how much does it cost to deal with a vehicle or vehicles. We’re going to go over, after this interview, we’re going to go over, kind of, market update, what’s going on.

Ford Stokes: (02:26)We’ve seen a lot of market volatility in the last week with the Coronavirus rumors and outbreak. And for all intents and purposes, it looks like it is a problem in China. We’ve got to make sure that we’re doing a great job at protecting our assets and having some downside protection and actively manage portfolios. A great way to do that, don’t just do the buy and hold and just hang in there. But with that, I want to kind of get started. Brandy, i’ll throw it out to you and let you introduce our guest f

This week, Ford talks more Roth conversion stories and talks about how to make your retirement more tax-efficient.

Segment 1: Ford talks market updates and a Roth conversion story

Jay Farner, CEO of Quicken Loans: (00:00)Hi, I’m Jay Farner, CEO of Quicken Loans. 30% of Americans who are planning home improvements of $5,000 or more will pay for those renovations with a high interest credit card. That may not be a great idea. A better idea may be to take cash out of your home with a Quicken Loans, 30-year fixed rate mortgage. The rate today on our 30-year fixed rate mortgage is 3.99%, APR 4.23%. Call us today at (800) QUICKEN or go to rocketmortgage.com. Rates subject to change. A 2% fee to receive this discounted rate. Call for cost, information and conditions. Equal housing lender. Licensed in all 50 States. NMLS number 3030 

Announcer: (00:33)Welcome to The Active Wealth Show with your host and chief financial advisor, Ford Stokes. Ford is the Founder and CEO of Active Wealth Management. He’s a fiduciary who will help protect and grow your money. Ford will teach you how to invest and retire successfully so that your hard-earned assets are protected. Investment advisory services offered through Brookstone Capital Management, LLC, BCM, a registered investment advisor. BCM and Active Wealth Management are independent of each other. Insurance products and services are not offered through BCM, but are offered and sold through individually licensed and appointed agents. Investments involve risk and, unless otherwise stated, are not guaranteed. Past performance cannot be used as an indicator to determine future results. Now here’s your host Ford Stokes. 

Ford Stokes: (01:15)And welcome to the show, Activators. I’m Ford Stokes, your chief financial advisor. And this is The Active Wealth Show. And if you’ve got questions on who an Activator is, an Activator is somebody who wants to retire successfully. They’re somebody who inspects what they expect regarding their retirement. They trust what they verify, and they’re looking to build a fee-efficient, market-efficient, and tax-efficient portfolio. And we’re going to talk about tax efficiency today, kind of as a new year’s resolution for our retirement plan, but also, first of all, I need to compliment our esteemed radio producer here. That’s the first time I’ve heard your voiceover on the lead-in for our show.

Christian Dooley: (01:59)I don’t like it.

Ford Stokes: (02:00)You don’t?

Christian Dooley: (02:01)Nope, I hate my own voice.

Ford Stokes: (02:02)I kinda like your voice. I think you did a good job. I mean it’s homegrown. You know, we’re promoting from within where we’re doing the right things and, and we love you, Christian. 

Christian Dooley: (02:12)There’s things I want to change.

Ford Stokes: (02:13)Okay, well for those of you who don’t know, Christian Dooley is already a producer here and he’s an executive producer, but he also has a degree, a four-year college degree in audio engineering. He’s kind of a big deal on that stuff. And so he’s hyper-critical of himself. But you know, we want all of this homegrown stuff from the show. This show is for everyone driving around listening and also the folks that listen to us on the activewealthshow.com or on our YouTube channel. And we’ve got video of me sitting here. I’m in the studio talking to you so you don’t just have to hear audio when you go on there, but I kinda like it. I thought you did a good job and I’m always super proud of you. You’re all grows up.

Christian Dooley: (03:02)Thank you.

Ford Stokes: (03:04)Yeah, man. Okay. So we’re gonna do a little bit of market update from this past week. Obviously the big news, there’s two pieces of big news. Ms. Pelosi sent over the articles of impeachment, which I think

BXDWHE Jars of savings. Image shot 2010. Exact date unknown.

In this episode, Brandy Seats officially joins Ford as a co-host of The Active Wealth Show. Brandy and Ford talk more SECURE Act, more Roth ladder conversions, and how to prepare for college and retirement at the same time.

Segment 1: Ford and Brandy talk market updates and The SECURE Act.

Jay Farner, CEO of Quicken Loans: (00:00)At Quicken Loans, our 17,000 team members know that home is so much more than a house. That’s because our clients tell us all the time, Hey, this is Jay Farner, CEO of Quicken Loans and we want to help you save money on your mortgage with some of the lowest refinancing rates ever. Rates are historically low. You may be able to reduce your rate and save money on your monthly mortgage payment right now. Pay off some credit card debt or put some money towards that new bathroom or kitchen you’ve always wanted. The rate today on our 30-year fixed rate mortgage is 3.99%, APR 4.23%. That’s right, 3.99%. While we can’t predict what will happen in the future, we do know that rates have dropped and now is the time to save money on your mortgage. Call us today at (800) QUICKEN or go to rocketmortgage.com to learn how refinancing now may be the right mortgage solution for you. That’s (800)-QUICKEN or go to rocketmortgage.com. Rates subject to change. A 2% fee to receive this discounted rate. Call for cost, information and conditions. Equal housing lender. Licensed in all 50 States and NLS number 3030.

Announcer: (01:03)Welcome to The Active Wealth Show with your host and chief financial advisor, Ford Stokes. Ford is the Founder and CEO of Active Wealth Management. He’s a fiduciary who will help protect and grow your money. Ford will teach you how to invest and retire successfully so that your hard earned assets are protected. Investment advisory services offered through Brookstone Capital Management, LLC, BCM, a registered investment advisor. BCM and Active Wealth Management are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents. Investments are all risks and, unless otherwise stated, are not guaranteed. Past performance cannot be used as an indicator to determine future results. Now here’s your host, Ford Stokes.

Ford Stokes: (01:40)And welcome to The Active Wealth Show, Activators. I’m your host and chief financial advisor, Ford Stokes. And hope you’re having fun driving around this noon hour here on a Saturday. If you’re heading out to Home Depot or maybe, if you’ve got time, you’ve got, you know, a Bed, Bath & Beyond or whatever. Now we’re here to help you retire successfully. If you’ve got a question about who an Activator is, an Activator is someone who wants to protect and grow their wealth. They want to invest efficiently, whether that’s tax-efficiently, market-efficiently or fee-efficiently. We’re going to help you do all those things. We’re also going to help you generate a retirement income that you can never outlive and also will help you invest in a smart-safe way and also invest with some smart risks. Don’t take too much risks, but still get the upside of the market. And it’s a big day today because, I think we ought to just write this down, like January 25th in the year of our Lord, 2020, Brandy Seats joined the show officially, full-time. And by the way, Christian, you’re gonna have to redo the intro to include Ms. Brandy Seats as our cohost.

Christian Dooley: (02:53)Oh, this is true. I will have to.

Ford Stokes: (02:55)That’s it. That’s good. So welcome to the show, Brandy.

Brandy Seats: (02:57)Thanks Ford. Excited to be here. I think last time I was on the show, a few weeks ago, you gave me the name of the asset, which I very much liked. So I think we should stick wit

This week, Ford Stokes tells you everything you need to know about The SECURE Act of 2019 and the implications it can have on your retirement. He also talks about different ways of investing in the market and how they can affect your income stream during retirement.

Jay Farner Voiceover: (00:00)Hey, this is Jay Farner, CEO of Quicken Loans. Quicken Loans is celebrating our best quarter ever and now we’re celebrating some of the lowest refinancing rates ever. Rates are historically low. You may be able to reduce your rate and save money on your monthly mortgage payment right now. This is your chance. Pay off some credit card debt or put some money towards that new bathroom or kitchen you’ve always wanted the rate today in our 30 year fixed rate mortgage is 3.99% APR, 4.23% that’s right, 3.99% APR 4.23% while we can’t predict what will happen in the future, we do know that rates have dropped and now is the time to save money on your mortgage. Call us today at 800- QUICKEN or go to rocketmortgage.com to learn how refinancing now may be the right mortgage solution for you. That’s 800-QUICKEN or go to rocketmortgage.com. Rates subject to change. Pay 2% fee to receive this discounted rate. Call for cost, information and conditions. Equal housing lender. Licensed in all 50 States and NLS Number 3030.

Segment 1: Ford updates listeners on the current market trends

Announcer: (01:03)Welcome to The Active Wealth Show with your host and Chief Financial Advisor, Ford Stokes. Ford is the Founder and CEO of Active Wealth Management. He’s a fiduciary who will help protect and grow your money. Ford will teach you how to invest and retire successfully so that your hard earned assets are protected. Investment advisory services offered through Brookstone Capital Management, LLC, BCM, a registered investment advisor. BCM and Active Wealth Management are independent of each other. Insurance products and services are not offered from BCM, but are offered and sold through individually licensed and appointed agents. Investments involve risk and, unless otherwise stated, are not guaranteed. Past performance cannot be used as an indicator to determine future results. Now, here’s your host, Ford Stokes.

Ford Stokes: (01:39)And welcome to the show, Activators. My name is Ford Stokes. I’m the Chief Financial Advisor and we’re here on The Active Wealth Show talking about how to generate a successful retirement and also reach all of your investment goals, whether that’s properly planning for college for your kids or grandkids or getting prepared for retirement so we can enjoy the time when we stop working. And we’re going to talk a little bit of market update today. We’ve got some great trivia. I’ve got Christian Dooley in the house with us today and Christian’s got us all set up, so I’m really glad that he’s with us and we’re going to talk about everything you need to know about the SECURE Act of 2019 and if you haven’t heard a lot about the SECURE Act of 2019, like where has it been all year? It’s cause it got passed like, basically in the last week of the year, but it does affect your retirement and we’re going to talk through all of that today. And so we’ve got kind of a busy show today, Christian.

Christian Dooley: (02:40)We sure do.

Ford Stokes: (02:42)He’s ready to go. You’re ready, aren’t you? You got stuff.

Christian Dooley: (02:45)I’m always ready.

Ford Stokes: (02:45)That’s good. You got stuff cooked up for us. All right. So let’s jump straight into some market update stuff and we’re going to do a little bit more of a macro, kind of a Q1 outlook. Again, you know, past performance is not an indicator of future results, but I do want to give you some information and some statistical information on what’s happened in past history, cause I get a lot of que

Announcer: (00:00)Welcome to The Active Wealth Show with your hosts, Ford Stokes and Brandy Seats. They're fiduciaries that will help protect and grow your money. Ford and Brandy will teach you how to invest and retire successfully so that your hard earned assets are protected. Investment advisory services offered through Brookstone Capital Management, LLC, PCM, [...]

https://vimeo.com/390242750 Deborah M. in Atlanta, GA shares what she learned by attending a Retire Well Workshop at a local University vs. going to a Dinner Seminar. Deborah M. Retiree in Atlanta, GA  (00:07): For me, it was all about education. During my career, I invested regularly, but it was quite passive. I didn't really know [...]

https://vimeo.com/390176689 With US National Debt rising to over $23.256 Trillion by 2/11/20, it stands to reason that US taxes rates will likely increase in the future and specifically during your retirement years. It may prove helpful to eliminate the IRS as your partner within your IRA Account sooner rather than later. According to Bill Bischoff [...]

Brandy shares the incredible benefits of a Health Savings Account, Ford interviews Richard Sprayberry with Mountain View Plantation in Delta, AL, which has excellent Quail and Pheasant Hunting at an affordable price just 1.5 hours away from Atlanta. Ford also shares another Roth Ladder Conversion story and the taxes saved.

This Active Wealth Radio Show is dedicated to Ford’s awesome Uncle John Ford for being a great Uncle and investing a lot of time, money and resources into his nephew! Ford loves you Uncle John!

Segment 1: Ford and Brandy talk with Richard Sprayberry, owner of Mountain View Plantation.

Announcer: (00:00)Welcome to The Active Wealth Show with your hosts, Ford Stokes and Brandy Seats. They’re fiduciaries who will help protect and grow your money. Ford and Brandy will teach you how to invest and retire successfully so that your hard-earned assets are protected. Investment advisory services offered through Brookstone Capital Management, LLC, BCM, a registered investment advisor. BCM and Active Wealth Management are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents. Investments are all risks and, unless otherwise stated, are not guaranteed. Past performance, cannot be used as an indicator to determine future results. Now, here are your hosts, Ford Stokes and Brandy Seats.

Ford Stokes: (00:39)And welcome to the show, Activators. I’m Ford Stokes, chief financial advisor. I’m here with Brandy Seats, the asset. Say hello, Brandy.

Brandy Seats: (00:48)Hello everyone.

Ford Stokes: (00:50)We’ve got a big show today and I’m super excited about this first guest. So, we’re going to start having a lot of guests on just because you know, you probably probably need a little less Ford Stokes in the round, right?. And so we’ve got Richard Sprayberry at Mountain View Plantation. It is a quail and pheasant hunting plantation. They also do deer hunting as well and turkey hunting. But I wanted to have him on, cause my uncle, you know, first of all – Hello Richard. How are ya?

Richard Sprayberry: (01:24)Good morning Ford. I’m great. How are you?

Ford Stokes: (01:26)Good man. It’s great to have you on with us. So, my uncle, John Ford, he is, and I will betray his age, he is 74 years old and it’s okay because he’s in Argentina right now, Richard. So we can talk about him all we want. Right? So my uncle is literally the best uncle ever. He’s the kind of uncle you want. He’s the guy who believes that he who dies with the most toys wins. And so he literally has like, you know, all the water sports stuff, all the ATV stuff. And he would take me hunting ever since I was really little. And he took me out to Mountain View Plantation with a group and we did a pheasant tower shoot one day and then we did a quail hunt the next day and it was unbelievable. And I’m not that great of a shot, but I’m a more of a bow-hunter. But, I will tell you, you guys have a first-class operation out there, Richard. You guys do a lot on customer service too. And I wanna just, if you could just give people an overview of Mountain View Plantation and kind of your mindset for customer service. Because you guys are a whole nother level above.

Richard Sprayberry: (02:44)Well thanks. I appreciate that. Well, Mountain View, this is our 20th year and we’re hunting about 4,500 acres in Eastern Alabama, so we’re not far at all from Atlanta, being at probably hour and 15 minute drive from the airport. So straight down I-20. So we’re very convenient to Atlanta and we have a lot of clients and friends that visit with us. From there we do specialize in quail and pheasant hunting. As well as deer and Turkey and we’re set up for corporate entertainment as well as the individuals like you and your own. Uh, customer s

On today’s episode, Ford and Brandy give a market update. They also talk about Roth ladder conversions and why they matter. Ford and Brandy also share a few personal stories about Roth ladder conversions and how they have impacted the lives of their clients.

Segment 1: Ford and Brandy give a market update.

Jay Farner, CEO of Quicken Loans: (00:00)Hi, I’m Jay Farner, CEO of Quicken Loans. 30% of Americans who are planning home improvements of $5,000 or more will pay for those renovations with a high interest credit card. That may not be a great idea. A better idea may be to take cash out of your home with a Quicken Loans, 30-year fixed rate mortgage. The rate today on our 30-year fixed rate mortgage is 3.99%, APR 4.23%. Call us today at (800) QUICKEN or go to rocketmortgage.com Rates subject to change. A 2% fee to receive this discounted rate. Call for cost, information and conditions. Equal housing lender, licensed in all 50 States. NMLS number 3030.

Announcer: (00:37)Welcome to The Active Wealth Show with your host and chief financial advisor, Ford Stokes. Ford is the founder and CEO of Active Wealth Management. He’s a fiduciary who will help protect and grow your money. Ford will teach you how to invest and retire successfully so that your hard-earned assets are protected. Investment advisory services offered through Brookstone Capital Management, LLC, BCM, a registered investment advisor. BCM and Active Wealth Management are independent of each other. Insurance products and services are not offered through BCM, but are offered and sold through individually licensed and appointed agents. Investments are all risk and, unless otherwise stated, are not guaranteed. Past performance cannot be used as an indicator to determine future results. Now here’s your host, Ford Stokes.

Ford Stokes: (01:19)And welcome to show, Activators. I’m Ford Stokes, your chief financial advisor, and I’ve got Brandy Seats, the asset, here with us.

Brandy Seats: (01:26)Hello activators.

Ford Stokes: (01:29)Pretty excited today. It was a good week. We’re getting a lot better. We’ve got some market updates. We’re going to talk about Roth ladder conversions. We’ve also got our esteemed executive producer, Mr. Christian Dooley, here with us.

Christian Dooley: (01:44)Hello.

Ford Stokes: (01:44)Yup. Glad to hear it. Hey, you still do a great job with the intro. I can’t wait until we add Brandy to the intro.

Christian Dooley: (01:51)It’s going to be very different. It’ll sound awesome, though.

Brandy Seats: (01:54)I like awesome.

Ford Stokes: (01:55)So, Christian is very particular about our opens and wants to do a great job for the show. So what he’s gonna, what he’s doing is what they call the voice of God here at AM 920 The Answer. He’s going to do our entire new opening. So that’s pretty good stuff. And it’s going to include Brandy. So Brandy, I just want you to know we do care about you. We’re glad you’re on the show.

Brandy Seats: (02:15)Thank you. I appreciate it. I know that even without the intro.

Ford Stokes: (02:19)Yeah, I got it. But we’re going to actually get there. I don’t know, we’re like on week three, that she’s on the show permanently, so that’s good. Yeah, we’ll get it.

Christian Dooley: (02:27)We had to make sure she was going to stay.

Ford Stokes: (02:29)I understand. There’s a probationary period. Is that what it is? That’s a quick probate. Usually it’s a 90 day thing, isn’t it?

Brandy Seats: (02:37)Well, three shows, it’s like 90 days.

Ford Stokes: (02:41)It may help that you merged Avalon Financial into Active Wealth and that you’re a licensed financial advisor. It may help.

Brandy Seats: (02:47)I’m in it for the long haul.

Ford Stokes: (02:51)That’s right. It’s good that