By Fixed Cost Financial
The podcast currently has 164 episodes available.
WELCOME
Welcome to 3M, a podcast about a better way to think and manage your life. Click on this hyperlink for the 3M.MBA page on the website of Fixed Cost Financial, Inc. The winning 3M formula involves one or a combination of making more, spending less, adjusting expectations, and having a fiduciary in your corner. Minting Millionaire Mindsets is a philosophy, not a twelve round boxing match. 3M is brought to you by Fixed Cost Financial. Fixed Cost Financial is a true fiduciary based investment advisor that is affordable, accessible, and transparent. With Fixed Cost Financial, you have a true fiduciary in your corner. Try it now at FixedCostFinancial.com.
If you have questions, ideas, or a comment use our contact form at the bottom of the contact page.
DISCLAIMER
Due to our extensive holdings, that of our clients and your host, you should assume that we have a position in all companies discussed and that a conflict of interest exists. By listening, reading, or using this podcast and website in any manner, you understand the information presented is provided for informational purposes only and agree to our Terms of Use and Privacy Policy. Nothing on this site should be construed as an offer, recommendation, or solicitation to buy or sell a security. Fixed Cost Financial does not provide tax advice and investors are encouraged to consult with their tax professional.
CONTACT
Our phone number is 212-433-2525. If you would like to schedule a 15-minute Zoom audio or video consultation, click HERE.
What is a True Fiduciary? Click Here.
What is Commission Addiction? Click Here.
Sign up for our newsletter. Click Here.
Keywords
Investing, finance, fiduciary, coronavirus, minting millionaire mindsets, connecting dots, education
WELCOME
Welcome to 3M, a podcast about a better way to think and manage your life. Click on this hyperlink for the 3M.MBA page on the website of Fixed Cost Financial, Inc. The winning 3M formula involves one or a combination of making more, spending less, adjusting expectations, and having a fiduciary in your corner. Minting Millionaire Mindsets is a philosophy, not a twelve round boxing match. 3M is brought to you by Fixed Cost Financial. Fixed Cost Financial is a true fiduciary based investment advisor that is affordable, accessible, and transparent. With Fixed Cost Financial, you have a true fiduciary in your corner. Try it now at FixedCostFinancial.com.
If you have questions, ideas, or comment use our contact form at the bottom of the contact page.
DISCLAIMER
Due to our extensive holdings, that of our clients and your host, you should assume that we have a position in all companies discussed and that a conflict of interest exists. By listening, reading, or using this podcast and website in any manner, you understand the information presented is provided for informational purposes only and agree to our Terms of Use and Privacy Policy. Nothing on this site should be construed as an offer, recommendation, or solicitation to buy or sell a security. Fixed Cost Financial does not provide tax advice and investors are encouraged to consult with their tax professional.
CONTACT
Our phone number is 212-433-2525. If you would like to schedule a 15-minute Zoom audio or video consultation, click HERE.
What is a True Fiduciary? Click Here.
What is Commission Addiction? Click Here.
Sign up for our newsletter. Click Here.
Paul Grant Truesdell, J.D., AIF 0:02
Well, this will be the last public episode of Connecting Dots. It's been an awful lot of fun as well as a tremendous learning experience. When it comes to podcasting, well on a regular basis we've been doing Connecting Dots. But you see, it's not really ending. Instead of Connecting Dots will be limited to clients of Fixed Cost Financial. If you're interested in learning more about what we're doing, you can take a look at the show notes where we will explain exactly what's going on with Connecting Dot. Now, with that said, here's a brief summary.
Paul Grant Truesdell, J.D., AIF 0:38
We examined and experimented with over 160 episodes, different ways to provide information to you and then of course of doing that we discovered that, well, some people like short other people like it long so in other words, short episodes versus long deep dives and everything in between. We took a lot of time to discuss with a wide variety of people what it is that they like and didn't like our conclusion was really simple. The overwhelming majority of those who listen to podcast like it short, sweet and to the point, and so we had to make a decision as to who is our audience and how are we going to deal with the audience. We came to a simple conclusion that most people need to have us help them in the Minting of Millionaire Mindsets as their priority and goal in life.
Paul Grant Truesdell, J.D., AIF 1:33
Minting Millionaire Mindsets is something that I have talked about and developed over the course of 30 years. And so I decided I'm going to share it now with everyone.
Paul Grant Truesdell, J.D., AIF 1:46
I can tell you without any doubt or hesitation that if you have the right mindset, you can achieve a whole lot more in life than if you have some other type of mindset, and again, it always comes down to a mindset. I cannot emphasize enough how important it is for people to get their act together and to understand how important it is to stay focused and centered on yourself and to understand what we call the five components of wealth. And what we have here is important. And I can tell you, it has worked for me and it will work for you.
Paul Grant Truesdell, J.D., AIF 2:25
Now, if you're a client of ours, I encourage you to listen to this again Minting Millionaire Mindsets. And as a client, you're going to enjoy the exclusive benefits of Connecting Dot. Now because you're a client, you already have more than likely achieved the Minting of Millionaire Mindsets. And you'll notice that we use the word mindsets as a plural rather than as a singular because Minting Millionaire Mindsetds is multifaceted.
Paul Grant Truesdell, J.D., AIF 2:57
For example, you know, we've talked a lot about physical illness and people who have no intellectual capability but the world centers on the mindset. You can be physically challenged, you can be intellectually challenged. But if you have mentored a millionaire mindset, you're going to achieve a whole lot more than those who are physically gifted and intellectually gifted. Now the key components of wealth are in the order of importance, physical, emotional, intellectual, relationships, and financial and you'll notice that the very end is financial. The most important component for most people is the one that is least important to most people again, physical wealth trumps everything. And if you're feeling physically wealthy, and you're overwhelmed by the controlling forces out there that you feel like you don't have control over always remember you control the overwhelming majority of your wealth.
Paul Grant Truesdell, J.D., AIF 3:56
Now look, I get it. There are some people who are challenged at birth, there are victims of accidents, illnesses, acts of violence. But generally speaking, most people are in lousy shape because they didn't stay in shape. It's your own fault. They didn't stay in shape because they didn't Mint a Millionaire Mindset. When it comes to physical wealth, all the money in the world is not going to keep you from dying. And if you live this lifestyle, like so many do, where one doesn’t do anything, well, it's pretty tough. We're going to be tough on you, but because I don't know you we’re having this conversation and you're listening. If you got upset by that you've got a real problem. But I do know one thing is absolutely true. This is going to be the most powerful, impactful thing on a lot of people's lives, not Connecting Dots, that’s the refinement is like taking that diamond and polishing it and cutting it into a just a beautiful marquee cut, but for now, here's the thing. It's Minting Millionaire Mindsets.
Paul Grant Truesdell, J.D., AIF 4:55
In the last three to four years, I have spent a tremendous amount of time reacquainting myself with men and women from border-to-border, coast-to-coast, and all walks of life, background income, race, sex, national origin, occupation didn't make any difference. And I can tell you those who have Minted their Millionaire Mindsets, well, they make it and those who don't, don't.
Paul Grant Truesdell, J.D., AIF 5:18
So Connecting Dots has been an absolute ball. But there's no doubt that we had a lot of fun doing it. And we're going to continue but it's over the head of most people, don't get upset with that. Because if you get upset with that you lack emotional maturity to get ahead and Connecting Dots is designed to challenge and really get into some hardcore issues that you got to deal with first things first, which is Minting Millionaire Mindsets. Again, we're going to restrict Connecting Dots predominantly to clients. And now with that said, once a month we'll share what we're talking about connecting dots with non-clients. There'll be a summary and you can kind of see what goes on. Now what we will not do, however, share an entire episode or segments rather, what we'll do is we'll review the highlight and concepts we talked about. And frankly, it'll be a teaser for you to become a client.
Paul Grant Truesdell, J.D., AIF 6:08
So if you want to become a client, what do you do is go to FixedCostFinancial.com and follow the instructions and the way we do it, it's better because it's simple and works. Because when you have a true fiduciary in your corner that's affordable, accessible and transparent, you've got a winning combination. If you're actually in the game, and you're ready to step up and your view of yourself, yourself as a lifestyle where business is a lifestyle. Well, if you've got that mindset, and you found a home here at Fixed Cost Financial and Minting Millionaire Mindsets is ideal for those want to achieve and retain their status in life. And when you listen to upcoming Connecting Dots, the deep dives that we're going to go into you're going to say well, I'll be darned. How about that. So with that, continue with us with Connecting Dots. It's simple if you're a client. And the way we do it, it's better because it's simple and works full transparency, full accessibility and affordability. But regardless, you've got to have and continue to do what we call Minting Millionaire Mindsets.
Paul Grant Truesdell, J.D., AIF 7:18
So thank you for joining us for over 160 episodes. I look forward to you joining us as a prospective or actual client as we continue this journey. We're going to make a detour now we're going to start rolling out Minting Millionaire Mindsets, the 3M podcasts are here, and it doesn't get any b...
Show Notes
1. Take responsibility
2. Do what you like
3. Do what you’re good at
4. Do what you are profitable at
5. Do what you can control
6. Do what’s right for you, stop conforming and being a lemming
7. Don’t let propaganda and fake main-stream media news think for you, think for yourself
8. Embrace creativity and those who are willing to take a chance.
9. Stop thinking small regardless of how large or small you live. Thinking is limitless and one year’s experience for 50 years is not the same as 50 years of experience packed into five to ten years
10. Stop wasting time following others.
11. Destroy the FOMO in your life.
12. Engage physically with strength, endurance, and flexibility training, with natural nutrition and hydration, and everything in moderation.
13. Power up your emotional wealth by knowing when to react, how to react, and having patience.
14. Fire up your intellectual wealth with a breadth of knowledge, depth of knowledge, and old fashion common sense.
15. Focus on partners, associates, and business acquaintances for improved financial wealth.
16. Then there are those who you call friends. Friends and business do not mix well.
17. It is easy to say buy low and sell high, but most buy high and sell low.
18. The same goofy views take place when you want professionals to be your friend; it does not work.
19. Professionals know and understand you, but they do not cross the line.
20. Professionals remain true fiduciaries, regardless of the situation.
We believe in and abide by true fiduciary-based principles, and do what we do, day in and day out.
Segment 1 Links:
https://www.wsj.com/articles/tesla-targets-u-s-auto-makers-profit-engine-with-electric-pickup-11574341200?mod=hp_lead_pos4
https://rivian.com
https://www.youtube.com/watch?v=rTGn76YljUM
https://www.youtube.com/watch?v=IOF56Q5hdG4
https://www.youtube.com/watch?v=llu-ckEe5cQ
Segment 2 Links:
https://nosidebar.com/limiting-social-media/
https://hbr.org/2016/09/dont-waste-your-time-on-networking-events
Segment 3 Links:
https://www.profgalloway.com/time-machines-species-failure/
https://www.nytimes.com/2018/12/05/technology/facebook-emails-privacy-data.html
Segment 5 Links:
https://www.libertymutualgroup.com/about-lm/news/news-release-archive/articles/new-study-finds-teens-fear-of-missing-out-is-proving-to-be-dangerous
https://adaa.org/learn-from-us/from-the-experts/blog-posts/consumer/tips-get-over-your-fomo-or-fear-missing-out
https://www.apa.org/monitor/2016/02/smartphone
https://www.theatlantic.com/magazine/archive/2018/07/the-dangers-of-distracted-parenting/561752/
https://www.mother.ly/parenting/12-tips-to-help-you-put-your-phone-away-in-front-of-your-kid
https://www.washingtonpost.com/lifestyle/on-parenting/feeling-like-the-smartphone-has-taken-over-your-childs-life-experts-talk-about-how-to-regain-control/2019/08/21/f3c7655a-a260-11e9-b8c8-75dae2607e60_story.html
https://www.healthcentral.com/article/fear-of-missing-out-fomo-leads-to-depression
Segment 8 Links:
https://puttylike.com/small-talk/
https://runyourown.social/#license
Segment 9 Links:
linkedin.com/in/randycalabrese
https://www.boltongroup.com
Segment 10 Links:
https://www.isabellestephenson.com
Call: (732) 331-2246
[email protected]
https://www.isabellestephenson.com/blog
The FCF Newsletter – Sign Up Now
The email you will receive provides a brief introduction to the content on our blog and podcast that we think you may find of interest. We also provide links to articles, documents, podcasts, and videos of others that we feel you may find of interest.
In an age of unsolicited emails, you can trust FCF to keep your information confidential. We do not spam you with junk email or daily emails; which we absolutely hate ourselves. We adhere to a two-week email schedule, which may be more frequent is a significant event takes place. We never share your email addresses with any third party, and we never send unwanted emails to you. We are a company that protects and safeguard the privacy of our prospective and existing clients. See our privacy policy for more information.
No Easy Money
Making, spending, saving, investing, this money stuff isn’t easy. No kidding. We know it, understand it, and get it. The bottom line is this, if you are not financially independent, then you need to do one or a combination of three things: make more, spend less, adjust your expectations, Even though it’s easy for us, it’s not for 95% of the U.S. population. For every 100,000 Americans, there are approximately 295 medical doctors, 40 lawyers nationwide (788 in DC, 90 in New York, and 64 in Maryland), 203 CPAs, 400 accountants, 63 financial analysts, and 15 investment advisor representatives. We are a true fiduciary-based investment advisor and that makes us a very rare breed. If you are a bit confused as to what an investment advisor is, don’t worry, you’re at the right place. We’ll make sure you know what a true-fiduciary based investment adv...
Additional Show notes can be found at DOTS.fm
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Sign Up Now - Our newsletter posted on a bi-weekly basis.
Your Privacy – Our Top Concern
In an age of unsolicited emails, you can trust FCF to keep your information confidential. We do not spam you with junk email or daily emails; which we absolutely hate ourselves. We adhere to a two-week email schedule, which may be more frequent is a significant event takes place. We never share your email addresses with any third party, and we never send unwanted emails to you. We are a company that protects and safeguard the privacy of our prospective and existing clients. See our privacy policy for more information.
Newsletter Content: The FCF Blog and Connecting Dots Podcast
The email you receive provides a brief introduction to the content on our blog and podcast that we think you may find of interest. We also provide links to articles, documents, podcasts, and videos of others that we feel you may find of interest.
Our Writing Style
We strongly encourage all FCF home office and field personnel to keep it short, simple, and to the point. We think mathematically and make liberal use of bullet points and lists. Long-ago we learned that our style of writing must be concise, well organized, and formatted to ensure ease when scanning a document for important information.
This Money Stuff Isn’t Easy
No kidding. We know that. Even though it’s easy for us, it’s not for 95% of the U.S. population. Per 100,000 Americans, there are approximately 295 medical doctors, 40 lawyers nationwide (788 in DC, 90 in New York, and 64 in Maryland), 203 CPAs, 400 accountants, 63 financial analysts, and 15 investment advisor representatives. Moreover, so, if you happen to be a bit confused as to what an investment advisor is, don’t worry, you’re at the right place. We’ll make sure you know what a true-fiduciary based investment advisor is and how rare we are.
Today’s Podcaster: Paul Grant Truesdell, J.D., AIF | CEO
Disclaimer
Connecting Dots is a production of Fixed Cost Financial, the home of fixed cost investing. All rights reserved. Re-broadcast or distribution prohibited without express written authorization. Connecting dots is for educational use only. Investment Performance Is Not Guaranteed. Past performance is not indicative of future results. This broadcast does not take into account your particular investment objectives, financial situation or needs. Nothing should be construed as an individual recommendation. Always read and all applicable information carefully before making an investment decision. Investments are not bank guaranteed, not FDIC insured. and may lose value. Due to our extensive holdings and that of our clients, you should assume that we have a position in all companies discussed and thus a conflict of interest should be assumed.
Links of Interest
DOTS.fm
Westshore Alliance - Tampa, Florida
LinkedIn Local Tampa
Network After Work
Bay 3
Armature Works
Centre Club
Truesdell Law
MyCity Co-Working
Bull Horn Communications - LinkedIn
Todd Hall ID Shield - LinkedIn
News Links of Interest
"A recent Coldwell Banker report estimated that millennials stand to inherit almost $68 trillion in assets from their baby boomer parents in what’s being called the “Great Wealth Transfer.” This will be one of the items we will discuss in the next Connecting Dots.
The next Connecting Dots episode, this will be one of the items we will discuss.
Black student loan borrowers are more likely to struggle to repay their debts — here’s why - This will be one of the items we will discuss in the next Connecting Dots.
It’s important to teach the value of money early on - This will be one of the items we will discuss in the next Connecting Dots.
Saudi Aramco to offer $1bn in shares to staff - This will be one of the items we will discuss in the next Connecting Dots.
Grey market: Dubai dealers call for crackdown on cheaper cars entering the UAE - This will be one of the items we will discuss in the next Connecting Dots.
Disclaimer
Connecting Dots is a production of Fixed Cost Financial, the home of fixed cost investing. All rights reserved. Re-broadcast or distribution prohibited without express written authorization. Connecting dots is for educational use only. Investment Performance Is Not Guaranteed. Past performance is not indicative of future results. This broadcast does not take into account your particular investment objectives, financial situation or needs. Nothing should be construed as an individual recommendation. Always read and all applicable information carefully before making an investment decision. Investments are not bank guaranteed, not FDIC insured. and may lose value. Due to our extensive holdings and that of our clients, you should assume that we have a position in all companies discussed and thus a conflict of interest should be assumed.
Sponsored by Fixed Cost Financial, Inc.
The home of Fixed Cost Investing℠
212-433-2525
Sign Up Now!
Sign Up Now - Our newsletter posted on a bi-weekly basis.
Your Privacy – Our Top Concern
In an age of unsolicited emails, you can trust FCF to keep your information confidential. We do not spam you with junk email or daily emails; which we absolutely hate ourselves. We adhere to a two-week email schedule, which may be more frequent is a significant event takes place. We never share your email addresses with any third party, and we never send unwanted emails to you. We are a company that protects and safeguard the privacy of our prospective and existing clients. See our privacy policy for more information.
Newsletter Content: The FCF Blog and Connecting Dots Podcast
The email you receive provides a brief introduction to the content on our blog and podcast that we think you may find of interest. We also provide links to articles, documents, podcasts, and videos of others that we feel you may find of interest.
Our Writing Style
We strongly encourage all FCF home office and field personnel to keep it short, simple, and to the point. We think mathematically and make liberal use of bullet-points and lists. Long-ago we learned that our style of writing must be concise, well organized, and formatted to ensure ease when scanning a document for important information.
This Money Stuff Isn’t Easy
No kidding. We know that. Even though it’s easy for us, it’s not for 95% of the U.S. population. Per 100,000 Americans, there are approximately 295 medical doctors, 40 lawyers nationwide (788 in DC, 90 in New York, and 64 in Maryland), 203 CPAs, 400 accountants, 63 financial analysts, and 15 investment advisor representatives. Moreover, so, if you happen to be a bit confused as to what an investment advisor is, don’t worry, you’re at the right place. We’ll make sure you know what a true-fiduciary based investment advisor is and how rare we are.
Today’s Podcaster
Paul Grant Truesdell, J.D., AIF | CEO
Founder of Fixed Cost Investing℠
Sponsored by Fixed Cost Financial, Inc.
The home of Fixed Cost Investing℠
212-433-2525
Disclaimer
Connecting Dots is a production of Fixed Cost Financial, the home of fixed cost investing. All rights reserved. Re-broadcast or distribution prohibited without express written authorization. Connecting dots is for educational use only. Investment Performance Is Not Guaranteed. Past performance is not indicative of future results. This broadcast does not take into account your particular investment objectives, financial situation or needs. Nothing should be construed as an individual recommendation. Always read and all applicable information carefully before making an investment decision. Investments are not bank guaranteed, not FDIC insured. and may lose value. Due to our extensive holdings and that of our clients, you should assume that we have a position in all companies discussed and thus a conflict of interest should be assumed.
Boeing and its subcontractors have relied on temporary workers making as little as $9 an hour to develop and test software, often from countries lacking a deep background in aerospace. Nuts? Damn right it's nuts. And where are many of these people coming from? India.
Boeing’s 737 Max Software Outsourced to $9-an-Hour Engineers
An anonymous reader quotes a report from Bloomberg
Hacker News
Today’s Podcaster
Paul Grant Truesdell, J.D., AIF | CEO
Founder of Fixed Cost Investing℠
Sponsored by Fixed Cost Financial, Inc.
The home of Fixed Cost Investing℠
212-433-2525
Sign Up Now!
Sign Up Now - Our newsletter posted on a bi-weekly basis.
Your Privacy – Our Top Concern
In an age of unsolicited emails, you can trust FCF to keep your information confidential. We do not spam you with junk email or daily emails; which we absolutely hate ourselves. We adhere to a two-week email schedule, which may be more frequent is a significant event takes place. We never share your email addresses with any third party, and we never send unwanted emails to you. We are a company that protects and safeguard the privacy of our prospective and existing clients. See our privacy policy for more information.
Newsletter Content: The FCF Blog and Connecting Dots Podcast
The email you receive provides a brief introduction to the content on our blog and podcast that we think you may find of interest. We also provide links to articles, documents, podcasts, and videos of others that we feel you may find of interest.
Our Writing Style
We strongly encourage all FCF home office and field personnel to keep it short, simple, and to the point. We think mathematically and make liberal use of bullet points and lists. Long-ago we learned that our style of writing must be concise, well organized, and formatted to ensure ease when scanning a document for important information.
This Money Stuff Isn’t Easy
No kidding. We know that. Even though it’s easy for us, it’s not for 95% of the U.S. population. Per 100,000 Americans, there are approximately 295 medical doctors, 40 lawyers nationwide (788 in DC, 90 in New York, and 64 in Maryland), 203 CPAs, 400 accountants, 63 financial analysts, and 15 investment advisor representatives. Moreover, so, if you happen to be a bit confused as to what an investment advisor is, don’t worry, you’re at the right place. We’ll make sure you know what a true-fiduciary based investment advisor is and how rare we are.
Today’s Podcaster
Paul Grant Truesdell, J.D., AIF | CEO
Founder of Fixed Cost Investing℠
Sponsored by Fixed Cost Financial, Inc.
The home of Fixed Cost Investing℠
212-433-2525
Disclaimer
Connecting Dots is a production of Fixed Cost Financial, the home of fixed cost investing. All rights reserved. Re-broadcast or distribution prohibited without express written authorization. Connecting dots is for educational use only. Investment Performance Is Not Guaranteed. Past performance is not indicative of future results. This broadcast does not take into account your particular investment objectives, financial situation or needs. Nothing should be construed as an individual recommendation. Always read and all applicable information carefully before making an investment decision. Investments are not bank guaranteed, not FDIC insured. and may lose value. Due to our extensive holdings and that of our clients, you should assume that we have a position in all companies discussed and thus a conflict of interest should be assumed.
Connecting Dots is a production of Fixed Cost Financial, the home of fixed cost investing. All rights reserved. Re-broadcast or distribution prohibited without express written authorization. Connecting dots is for educational use only. Investment Performance Is Not Guaranteed. Past performance is not indicative of future results. This broadcast does not take into account your particular investment objectives, financial situation or needs. Nothing should be construed as an individual recommendation. Always read and all applicable information carefully before making an investment decision. Investments are not bank guaranteed, not FDIC insured. and may lose value. Due to our extensive holdings and that of our clients, you should assume that we have a position in all companies discussed and thus a conflict of interest should be assumed.
Today’s Podcaster
Paul Grant Truesdell, J.D., AIF | CEO
Founder of Fixed Cost Investing℠
Sponsored by Fixed Cost Financial, Inc.
The home of Fixed Cost Investing℠
212-433-2525
Sign Up Now!
Sign Up Now - Our newsletter posted on a bi-weekly basis.
Your Privacy – Our Top Concern
In an age of unsolicited emails, you can trust FCF to keep your information confidential. We do not spam you with junk email or daily emails; which we absolutely hate ourselves. We adhere to a two-week email schedule, which may be more frequent is a significant event takes place. We never share your email addresses with any third party, and we never send unwanted emails to you. We are a company that protects and safeguard the privacy of our prospective and existing clients. See our privacy policy for more information.
Newsletter Content: The FCF Blog and Connecting Dots Podcast
The email you receive provides a brief introduction to the content on our blog and podcast that we think you may find of interest. We also provide links to articles, documents, podcasts, and videos of others that we feel you may find of interest.
Our Writing Style
We strongly encourage all FCF home office and field personnel to keep it short, simple, and to the point. We think mathematically and make liberal use of bullet-points and lists. Long-ago we learned that our style of writing must be concise, well organized, and formatted to ensure ease when scanning a document for important information.
This Money Stuff Isn’t Easy
No kidding. We know that. Even though it’s easy for us, it’s not for 95% of the U.S. population. Per 100,000 Americans, there are approximately 295 medical doctors, 40 lawyers nationwide (788 in DC, 90 in New York, and 64 in Maryland), 203 CPAs, 400 accountants, 63 financial analysts, and 15 investment advisor representatives. Moreover, so, if you happen to be a bit confused as to what an investment advisor is, don’t worry, you’re at the right place. We’ll make sure you know what a true-fiduciary based investment advisor is and how rare we are.
Today’s Podcaster
Paul Grant Truesdell, J.D., AIF | CEO
Founder of Fixed Cost Investing℠
Sponsored by Fixed Cost Financial, Inc.
The home of Fixed Cost Investing℠
212-433-2525
Disclaimer
Connecting Dots is a production of Fixed Cost Financial, the home of fixed cost investing. All rights reserved. Re-broadcast or distribution prohibited without express written authorization. Connecting dots is for educational use only. Investment Performance Is Not Guaranteed. Past performance is not indicative of future results. This broadcast does not take into account your particular investment objectives, financial situation or needs. Nothing should be construed as an individual recommendation. Always read and all applicable information carefully before making an investment decision. Investments are not bank guaranteed, not FDIC insured. and may lose value. Due to our extensive holdings and that of our clients, you should assume that we have a position in all companies discussed and thus a conflict of interest should be assumed.
Show Notes
If you haven’t heard about hydrogen and fuel cells before, then listen up. These technologies are bursting on to the scene and have the potential to solve some of the biggest problems in energy ranging from commercial buildings to transportation.
And, while most people are more familiar with solar, wind and battery power, keep your eye on these up-and-coming technologies that could add to our nation’s diverse energy mix.
Here are five things to know about hydrogen and fuel cells.
1. Hydrogen is the most abundant element on earth.
Hydrogen is an alternative fuel that has very high energy content by weight. It’s locked up in enormous quantities in water, hydrocarbons, and other organic matter. Hydrogen can be produced from diverse, domestic resources including fossil fuels, biomass, and water electrolysis with wind, solar, or grid electricity. The environmental impact and energy efficiency of hydrogen depends on how it is produced.
2. Fuel cells can be used to power several applications.
Hydrogen and fuel cells can be used in a broad range of applications. These range from powering buildings, cars, trucks, to portable electronic devices and backup power systems. Because fuel cells can be grid-independent, they’re also an attractive option for critical load functions such as data centers, telecommunications towers, hospitals, emergency response systems, and even military applications for national defense.
3. Fuel cells are a clean way to produce power.
Fuel cells are similar to batteries in that they produce electricity without combustion or emissions. Unlike batteries, fuel cells do not run down or need to recharge—as long as there’s a constant source of fuel and oxygen. Compared to conventional gasoline vehicles, fuel cell vehicles can even reduce carbon dioxide by up to half if the hydrogen is produced by natural gas and by 90%, if the hydrogen is produced by renewable energy, such as wind and solar. There are also no pollutants emitted from the tailpipe—just water!
4. Fuel cell cars are very similar to traditional gasoline-powered cars.
Similar to today’s gasoline vehicles, fuel cell electric cars can have a driving range of more than 300 miles on one tank of hydrogen fuel. They can refuel in just a few minutes and the fueling experience is almost identical to a gas station. Since the “engine” (i.e., fuel cell) has no moving parts, you’ll never need to change the oil. But because a fuel cell is more than twice as efficient as an internal combustion engine, a fuel cell car travels farther on that tank of hydrogen than a traditional car would on gasoline. This means you only need about half the amount of hydrogen, with double the fuel economy.
5. There are more than 30 commercial hydrogen stations in California today.
More than 30 public retail hydrogen fueling stations are online in California, with plans to install 100. There are also several stations ready to open up in the Northeast. With careful planning, the focus has been to add hydrogen mostly at existing gasoline stations. These efforts are giving early fuel cell car adopters’ confidence that they can drive normally and have access to hydrogen wherever they go within these regions. Efforts are also underway in Hawaii, with other markets expected to develop as consumer demand increases.
The podcast currently has 164 episodes available.