Epi 7 - Tj and Charles discuss VATs, the silent crisis that is Retirment in the US and pros and cons of a financial shock.

Show Notes

0:01:06: VAT

0:06:44: "silent crisis" when it comes to retirement

0:09:00: pros and cons of financial shock

Link

Ross' note - In the Markets Now: Pros and Cons of a Bank Crisis (3/2023, Client-Approved)

Episode 6: TJ and Charles talk about Warren Buffet's latest annual report, the changing leadership that happens throughout the decade in the stock market and how Josh Waitzkin trained his son to not let external forces like rain effect his mood which seems like a good analogy for stock market and what happens when you try to time the market.

Show Notes

00:00:15: Warren Buffet digs into stock vs bond holdings over a 30 year period in his 2022 annual report. Section titled "Secret Sauce"

00:02:58: Leadership changes in the market over cycles

00:06:12: Taking a look at trying to time the market by examining the returns a portfolios that are fully invested.

Links:

https://www.joshwaitzkin.com/recommended-reading-learning-creativity

https://www.berkshirehathaway.com/letters/2022ltr.pdf

My guest today on the 123 Series is Ross Mayfield, Investment Strategy Analyst at Baird.

Ross and I dig into

1. Gifting

2. Earnings Season and stocks bottoming

3. GDP negative years and returns on stock market

This week Charles and TJ discuss

1. the new secure act and an idea for 529s.

2. Dig into the classic youtube clip "Bert the Broker" and takes on recessions vs bear markets.

3. The end of negative yielding debt... for now

Last episode of 2022.

1. Items to think about when your dependent turns 18.

2. What is an inverted yield curve

3. What Warren Buffet learned at the race tracks

Tj and Charles dig into tax loss harvesting at year end, inflation vs expectations and the curse of stadium naming.

TJ Kavanagh and Charles Fry dive into...

1) HSA Accounts

2) Interest Rate Environment

3) What happened the last 2 times the Phillies won the World Series.

Today, my guest is Jason Spitz, from Baird's Business Owner Solutions team.

Our conversation focuses on how clients work with Jason and the team.

(00:20 – 02:20) What is the Business Owner Solutions team?

(02:30-03:47) Exit options that exist for business owners?

(03:50-05:35) What working with the Business Owner Solutions Team looks like.

Today, my guest in Kara Endres, a Financial Planner at Baird who focuses on Social Security.

Our conversation centers are Social Security and common questions.

Show Notes.

[00:00:30] - Working during retirement

[00:02:40] - Why people shouldn't rush to claim

[00:04:00] - Spousal benefits

[00:6:00] - How married couples should look at Social Security

[00:07:30] - Ways that a dependent under 18 can receive Social Security benefits.

Today, my guest is Jeannette Haen, Education Planning Consultant at Baird.

Our conversation centers around 529 plans and common questions.

Show Notes

[00:00:30] - [First question] - Gifting ideas for 529 plans.

[00:02:40] - What happens if someone doesn't use a 529 plan?

[00:05:52] - Out of state 529 plans.