Don Sowa's MoneyTalk

By Cumulus ProvidenceBusiness

Don Sowa's MoneyTalk episodes

June 13, 2023 What’s In a Name?
When shopping for a financial professional, many people assign great value to the number of post-nominals following the name, but one thing you should know is that not all designations are created equal. Nathan discusses some of the common designations held by financial advisors and how they compare, and offers some takeaways from David Rubenstein’s book, “How to Invest, Masters on the Craft”, such as the roles of luck, instinct, and expectations when it comes to investing.

Host: Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 6/9/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
June 12, 2023 Are ETFs Safe?
Exchange Traded Funds are widely popular due to their low cost and tax efficient nature, but many people don’t entirely understand how they work. Donna and Nathan discuss some of the common myths about ETFs, provide clarity on the fees and tax treatment of rollovers, and talk about the considerations retirees make when they wish to take on more risk than normal.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 6/8/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
June 09, 2023 The Impact of Retail Trading
Retail trading has been on the rise due to ease of access through technology, the influx of brokerage trading during the pandemic, and the influence of the social Investing movement. Steve and Nathan discuss how the increased participation of retail investors has shaped the markets. Also, our MoneyTalk Moment in Financial History continues the discussion on retail investing with the story of how Charlie Merrill shook up Wall Street by opening the door to the middle class.

Hosts: Steven Beauvais & Nathan Beauvais EA, CFP®, CIMA®; Guest: Daniel Sowa; Air Date: 6/7/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
June 08, 2023 A Bad Day for Crypto
This week, the SEC sued crypto giants Binance and Coinbase for operating unregistered securities exchanges, a shot across the bow for the nascent industry with major implications for its future. Donna and Nathan discuss the factors that have led regulators to this aggressive posture on crypto currencies, and what it could mean for the industry going forward. Also, the MoneyTalk hosts dig into the world of employee stock options and the complex rules that govern them.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 6/6/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
Options are not suitable for all investors. Typically, commissions are charged for options transactions. Transaction costs may be significant in multi-leg option strategies, including collars, as they involve multiple commission charges. Please contact your financial advisor for a copy of the Options Disclosure Document (ODD). This material is intended for informational/educational purposes only and should not be construed as investment advice, a solicitation, or a recommendation to buy or sell any security or investment product. Please contact your financial professional for more information specific to your situation. Sowa Financial Group does not provide legal or tax advice. You should consult a legal or tax professional regarding your individual situation.
See omnystudio.com/listener for privacy information.
43 min
June 06, 2023 Annuities & Income Planning
There are a variety of ways to generate income in retirement, and one challenge retirees face is determining which income sources are appropriate for them. Donna takes listener questions on the pros and cons of using different types of annuities, income planning strategies as you transition from work life, and how to know if you should prioritize paying off your mortgage in retirement.

Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 6/5/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
June 05, 2023 The Financial Literacy Movement
Even with all of the attention financial literacy has garnered in recent years, graduates continue to enter the job market vastly underprepared for the financial challenges that await them. Nathan speaks with Yanely Espinal, author and director of educational outreach at NextGen Personal Finance, about the financial literacy crisis in our nation, and efforts her organization is taking to empower educators to promote financial awareness in our schools.

Host: Nathan Beauvais, EA, CFP®, CIMA®; Guest: Yanely Espinal; Air Date: 6/2/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
June 02, 2023 Bond Market Balancing Act & The History of Taxes and Tariffs
Income investing has had a tough run since the Fed began raising rates in recent years. Nathan discusses the broader universe of bonds, the risks that come into play when investing for income, and how the various types of bonds can be used to help you meet your specific investing goals. Also, on our MoneyTalk Moment in Financial History Nathan explains how tariffs and taxes have been used to support our nation’s growth since the early years of our independence.

Host: Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 5/31/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
June 01, 2023 The Index Performance Gap
With the NASDAQ up 24% while the Dow Jones Industrial Average stands negative on the year, we are seeing one of the highest spreads between the two indices in over a decade. Donna and Nathan discuss the market forces driving the disparity between the NASDAQ and the DJIA, and take listener questions on the benefits of opening a Roth IRA for your teen, and when to use an attorney to assist in the unwinding of an estate.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 5/30/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
May 29, 2023 The Roth as a Teaching Tool
As parents we strive, often in vain, to pass on the lessons we’ve learned through our experiences to the next generation, particularly when it comes to our finances. Donna and Nathan explain how opening a Roth IRA in your child’s name can allow you to foster a variety of good money habits during those formative years, and discuss excerpts from Morgan Housel’s book, “The Psychology of Money”, on our tendency to lean towards pessimism when framing our world view.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 5/25/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
May 25, 2023 DIY Investing Tips & The Steam Revolution
When managing your own investments, it can be tricky to know what to focus on and what to filter out. Nathan discusses some of the more challenging aspects of DIY investing, such as having realistic growth expectations, knowing when to hold or sell, paying attention to the right market and economic data, and more. Also, on our MoneyTalk Moment in Financial History, Nathan and Daniel discuss the how the steam engine and the nation’s first monopoly set the stage for the industrial age.

Host: Nathan Beauvais EA, CFP®, CIMA®; Guest: Daniel Sowa; Air Date: 5/24/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min