Connecting Dots

Connecting Dots

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Connecting Dots episodes

  • Addiction and Money - E45
    Show NotesWe are traveling and this episode was recorded on the road. You do not need to wait until 70 1/2 to take money out of your IRA.Tax timing is a concept you must think about. Why? You want to pay taxes when the rates are low, not high.The failure to take enough our of your RMD (Required Minimum Distribution) will result in the tax plus a 50% penalty. Always take out more than the RMD to be safe.People actually forget about IRAs they have and thus there’s a problem with RMD calculations.Do you honestly think tax rates will be higher or lower in the next ten years?Define rich in terms of income and net worth.Buy low - Sell high - Pay taxes when rates are low.Go for tax advice to a professional accountant, not an insurance agent, investment advisor, broker, or jack-of-all trades financial planner.Phone use by children is a problem. Did you know that every school is dealing with the issue of burner phone dealers? You thought it was just drugs that they were dealing, wrong.Parents who do not know how to be parents. Both mommy, daddy, sis, and bro have phone addiction. No phone, name calling, and complete breakdown. Grow up and put the phone down.Use technology rather than allowing technology to use you.Sales pitches and alternative performance metrics being used by IPOs are not being bought by investors in the secondary market. If you are not profitable, why are you investing in the company? Shades of the 1999 tech bubble? Don’t be suckered by burn-rate pitches. You want a return of your money, then a return on your money.Beware of creative accounting methods.Focus on the bottom line.Guilt leads to spending more money. One has a problem and to feel better, the solution in the brain to make the pain go away is to spend more. Window shopping often leads to compulsive shopping. Like a drug, shopping is addictive. Pay in cash. In a world of digital everything, there’s a need to pay cash and keep it real. Addiction to drugs, alcohol, smoking, spending, and more. Who goes back to smoking and drinking after a heart transplant?50% of the population has an addiction issue of some type.Spending addiction will be an ongoing feature of Connecting Dots. Why do so many people have a spending problem? What are the common excuses? What are the neuroscience studies behind spending telling us?ADD - Concentration - Focus - You’re fired.Games, sporting events, sex, work, and spending. Some addictions are profitable others are not. Focus on those addictions that are profitable but balance life when possible. Mild to uncontrollable addictions.The survival addiction - yes, it’s needed.Those with and those without, who will you bet on?Wayne’s World - Not Worthy - We’re ScumModern Minimalist MethodsBlack, White, Gray Micro, Mezzo, Macro, Automatics, InstinctHigh Risk Investing - Pleasure & Pain - Related to Drug UseAssociated Power Rush - Love / Hate RelationshipInsecurityInvesting, Speculation, Gambling - Risk HighsPavlov’s Dogs - Tick Tock - Do you need to stab yourself?Stop the financial salivation. When you are in deep trouble, turn in to tune it out. Create the pain and shift the pleasure.Bonus FeatureClick on the blue Intercom button and we’ll invite you to our limited-run “Liquid Real Estate - Hands On” video presentation.
    34 min
  • Uber, Lyft, HopSkipDrive, Degeja Coffee, Tulsa, Old-New-One, Alzheimers, Low Tech with High Tech, Big Bucks Broke - E44

    Uber and Lyft are two transportation companies that have a wide but shallow moat. Companies, such as Uber, Google, and others, seeking to perfect AI controlled driving, have billions invested, that's the wide part of the moat. The concept of local transportation of people and things is not difficult to replicate. That's the shallow part of the moat. Applications can empower the smallest company and the largest, but there will always be the Old School way of doing things.

    The Old School way of doing things often involves laying hands-on. Degeja Coffee, Tea, and Art Shop in Wesley Chapel is a cute coffee shop that puts Starbucks to shame. Degeja is the type of place that makes you feel comfortable, relaxed, and appreciated. Old School is great, but NEw School is required as well. One must be online and involved in social media to promote one's business in today's digital world. Thus our concept of ONE School.

    To lure high-quality employment into a city, most governments seek the biggest bang for the giveaway tax dollars. That's right, giving away tax dollars to medium and large companies, such as Amazon, with the hope and prayer of getting people to work, shop, play, and stay. Then there's Tulsa, Oklahoma and the effort to lure individuals on an individual basis to make Tulsa their home for mobile working.

    While technology can solve problems, once again, it requires hands-on treatment of people with Alzheimer's and dementia. It's sad but true, for many, it is truly a circle of life, from crib-to-crib. Along the way, it's the mind that goes which we all fear, but it's the business lifestyle mindset that many rags-to-riches stories are made. Sadly, it's back to the rags for many who have the physical "it" but not the "mental" it. From Mike Tyson, Evander Hollyfield, and many others, the roadway of life is littered with l non-Valley world of clueless.

    37 min
  • Zucker Stress, Genocide Stress, Retail Stress, Offender Stress, Lottery Stress, Chill With Coffee Man - E43
    Show NotesNew schedule: Monday, Wednesday, FridayChris Hughes tells Facebook to shove itDots.fmAnxious college graduatesAmazon buying shopping mallsGuardian & trustee oversight for retiree real estateThe sex crime convict moves into the neighborhoodOnce upon a million, blown oh so often888-629-7864Ybor City Wine BarFranklin MannorDesign by Degaje - Degaje FacebookIAGDTBA / IJDM
    24 min
  • The SEC Cracking Down on May and Might - E42

    The Securities and Exchange Commission (SEC) appears poised to crack down on the use of words like may, could, and might. There is no place in a professional ADV for these words. Be specific or get out of the business.

    United States Court of Appeals for the District of Columbia, No 16-1453 - The Robare Group, Ltd, et al v. Securities and Exchange Commission

    Investment advice should be simple with uncomplicated procedures and understandable language. We are do not make mountains out of molehills.

    A true fiduciary is conflict free in appearance and reality. Any form of discriminatory compensation makes void and null anyone’s statement that they are a fiduciary.

    Conflicts exist when a person or organization has multiple interests, financial or otherwise, and serving one interest works against the interest of another. AUM is a commission scheme whereby two clients, with identical holdings, are paying different commissions, solely based on the value of their accounts.

    10 min
  • PNP Forecasting WeWork N More - E39

    Show Notes:

    WeWork - We Company

    Coffee Town

    No Real Estate

    Ray Bought Real Estate - McDonalds

    ZOOM Isn’t Zoom - ZM

    What is Co-Working

    Optimization Technology - Something PNP Discuss Daily in Forecasting

    Sublease

    According to a Deskmag survey, only 40% of all coworking spaces are profitable. The highest hidden cost of operating a co-working space is building and keeping the right team in place. High staff turnover costs coworking spaces a lot of time, money, and potentially members.

    Michael Keaton - The Man Behind McDonalds

    You’re in the real estate business. Tell me about the land. “You don’t seem to realize what business you’re in. You’re not in the burger business, you’re in the real estate business.”

    Microsoft Office Locations - U.S.

    43,680 Engineers

    Darden Sells HQ and Holdings

    https://www.zerohedge.com/news/2019-03-25/wework-made-18bn-revenue-last-year-it-lost-19-billion

    Five intriguing trends in the multifamily housing world

    Rode Mobile Interview Kit

    Why don't more businesses rent apartments as their office space considering that it's much less expensive per square foot, even in the exact same area?

    Office Depot Pilots New Co-Working Space

    The unintended cost of regulation stifles business

    Here’s Why Uber & Lyft Voluntarily Shut Down In Austin

    1 hr 28 min
  • Delegated versus Directed - Oh, So That's Why Charlie....
    Show NotesBecause we missed a few days this week, this will be an extra episode of Connecting Dots. In this episode, I’ll chat with you about delegated and directed trusts. Moving from what a living trust and the related documents are for estate planning, briefly, we’ll explore the pancake-forced distribution of sudden wealth to stupid people who blow the value of your blood. Strong language and a challenging discussion as I speak about stupid parents who couldn’t save a nickel because everyone burns a hole in the pocket to get out. And we’ll chat about Commission Charlie who wants to be named as the legacy advisor to make crazy high commissions for doing, well, not much of anything. Let’s have coffee and chat, then let’s think about it.Ten people who won the lottery and blew it all1 - 6 NFL players go brokeSports Illustrated recently estimated that 80% of retired NFL players go broke in their first three years out of the League. How is this possible in a sport rolling in revenue with an average salary of almost $2 million a year? 5 Reasons Why 80% Of Retired NFL Players Go BrokeLousy and incompetent investment advice and conflicted financial planningSupporting the posseDivorce, divorce, divorce, divorce, child, child, child, child, child, child, child, child, oops, child, and well, another one.Short-term time horizonNo planning for a second career and a business lifestyleAn overwhelming number of studies and surveys show that the those who receive a life insurance death benefit will quickly blow the money.
    22 min
  • Google Keep - Something New

    Features and specification of the Rode SC6-L

    New iPhone Microphone Kit for Interviews — Rode SC6-L Review

    Rode Microphones SC6-L Mobile Interview Kit Corporate Website

    Want to learn better? Start mind mapping | Hazel Wagner | TEDxNaperville

    Calling all Moleskine fetishists – you may yet get a share in Hemingway

    5 Google Keep Tips You’ll Wish You Knew Earlier (Mobile App) - Go to 4:55 in the video for digital audio and voice to text.

    Voice Record Pro 7

    This is the first podcast using the Rode SC6-L Mobile Interview Kit. I am using both microphones and out for a walk late at night. This is a different type of podcast and one that I think will be used often.

    During our chat I’ll talk about our recent Meetup [Podcasting for Business, News, and Fun], how the Rode Mobile Interview Kit works with and without the recording software. We’ll talk about the Voice Record Pro 7 and how we’ve recorded in the filed previously. Lastly, we’ll tie it together with Google Keep and voice to digital recording coupled with mind mapping and Moleskin notebooks.

    31 min

About Connecting Dots

From the publisher's feed

This is the podcast that takes one or more topics and ties them together with logical and organized thought. Connecting Dots explains the history, current events, and forecasts in a way that will make…