Kerry Lutz and Michael Frew discussed the tax advantages of owning a software business, including research and development tax credits and asset depreciation. They also talked about advanced tax planning strategies, such as spinning off intellectual property into a trust to receive royalties and qualify for passive income. Additionally, they explored the potential of newsletters to increase cash flow and sponsorship deals, discussing various options for newsletters and the value of a targeted audience. The conversation ended with a discussion of areas of opportunity in the software business that the market has yet to fully realize. Find Michael here: Michael Frew Find Kerry here: FSN

Benefits of Buying an Existing Business -- Michael Frew  #5929

The Financial Survival Network is dedicated to helping you build your financial fortress so that you can survive and thrive in the new economy. You need the Financial Survival Network now more than ever.

Business

Investing

Careers

Management & Marketing

Business News

Shopping

News

Kerry Lutz and Michael Arries discussed the recent surge in gold and silver prices, attributing it to economic factors such as inflation, political uncertainty, and lack of faith in fiat currency. They predicted that the precious metals would continue to rise in value, with the possibility of gold reaching $10,000-$15,000 an ounce and silver reaching $300-$500 an ounce. The speakers emphasized the significance of the current market conditions in driving the surge and the importance of staying attuned to market trends for portfolio growth. They also explored the historical performance and potential future outlook of gold and silver investments, including the optimal allocation of investments based on the Dow to gold ratio and strategies for capturing gains in free ounces of gold. Find Michael here: mcalvany.com Find Kerry here: FSN and here: inflation.cafe

The Great Precious Metals Catch-up Is Happening Now -- Michael Arries #6069

Kerry Lutz and Ted Thatcher discussed the concept of "sticky" inflation and its impact on Fed policy. They analyzed the transition from transitory to sticky inflation and the evolving methodologies for calculating inflation. The conversation also touched on the political pressure on the Fed to cut rates, the widening gap between Wall Street and Main Street, and the potential challenges for the average American if inflation continues to rise while job growth slows.     They also explored the likelihood of a market "melt up" and the potential consequences for the banking sector. Overall, the meeting provided a nuanced exploration of the complex economic landscape. Find Ted here: brightlakewealth.com Find Kerry here: FSN and here: inflation.cafe    

The Growing Threat of Inflation on Middle-Class Americans - Ted Thatcher #6068

Kerry Lutz and Hurley Fox discussed the advantages and challenges of outsourcing the CFO role for small businesses. They highlighted the impact of technology on remote CFO services and the importance of having trained personnel at the client's location. The speakers emphasized the need for proper accounting procedures and the challenges small businesses face in maintaining clean accounting records.      Hurley Fox provided a comprehensive overview of the onboarding process, emphasizing the critical role of accurate accounting and data integrity. He shared insights into the cost savings and value his clients receive from his services, emphasizing the significance of cash flow to business owners. The speakers also discussed the frequency of meetings with clients and how these meetings aid in analyzing financial data to drive business growth.    

Outsourcing the CFO Role: Benefits for Small Businesses- Hurley Fox #6067

Kerry Lutz and Eddy Gifford discussed the recent drop in Consumer Confidence numbers and the impact of inflation on individuals, highlighting the anger and dissatisfaction it's causing. They also touched on the low satisfaction rate with the current administration and the impact of inflation on interest rates and the Fed's actions. Eddy Gifford raised concerns about the potential risks associated with the stock market's prolonged highs and emphasized the need for a trader's mentality and diversification into alternative investments.     The potential of precious metals and cryptocurrencies as hedges against mistrust and supply and demand stories was also explored. The conversation concluded with a focus on the flexibility and nimbleness required in investment planning to take advantage of the current market conditions. Find Eddy here: tactivewealth.com Find Kerry here: FSN and hereL inflation.cafe       

Consumer Confidence, Inflation, Market Concerns and Strategies- Eddy Gifford #6066

 Fury Gold Mines’ CEO Tim Clark, and Exploration SVP Bryan Atkinson (

Benefits of Buying an Existing Business -- Michael Frew #5929

Download our free app to listen on your phone