Don Sowa's MoneyTalk

By Cumulus ProvidenceBusiness

Don Sowa's MoneyTalk episodes

May 13, 2023 Why We Create Bubbles
Investors love a good bubble, that is until they realize that they are in one, and that the rocket ride they had enjoyed may have been fueled by nothing more than blind optimism. Donna and Nathan revisit Morgan Housel’s book “The Psychology of Money” to discuss how human behavior plays into the creation of market bubbles, and take some listener questions on CDs and bonds.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 5/4/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
41 min
May 05, 2023 The Fed’s Aggressive Interest Rate Policy
The Fed met on Wednesday agreeing once again to raise rates, extending the most rapid period of interest rate hikes in modern history. Nathan explains how the Fed’s actions have impacted the bond market and whether it has had the desired effect on inflation. Also, on our MoneyTalk Moment in Financial History, Nathan discusses the history of the Federal Reserve and interest rates in the US.

Host: Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 5/3/2023.
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 04, 2023 Conflicting Risk Tolerance in Marriage
Understanding your tolerance for risk is arguably the most important component of your investment profile, but what do you do when you and your partner hold contrasting feelings about risk? Donna and Nathan discuss retirement planning challenges for partners with incompatible risk tolerances, 5 surprising actuarial facts about social security, and how to deal with inflation in retirement.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 5/2/2023.
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 03, 2023 Anatomy of an Estate Plan
If you have ever named a beneficiary on an account, you have already engaged in base level estate planning, but to adequately secure your estate an intentional and comprehensive approach is necessary. Donna takes us through the planning considerations estate attorneys address, including: your personal values, tax efficiency, protection of family assets, charitable giving, providing for the specific needs of your loved ones, and much more.

Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 5/1/2023.
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 03, 2023 A Tailored Approach to Life Insurance
Life insurance is most commonly used to protect your spouse and dependents in the event that you no longer can, but over the decades the industry has creatively evolved to allow you to design a custom risk management program that accounts for your specific needs. Nathan discusses the various personal factors you should be considering when shopping for life insurance, talks about some of the contradictory ways we tend to think about risk in our lives, and offers his takeaways from Robert Hagstrom’s book, “Investing: The Last Liberal Art”.

Host: Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 4/28/2023.
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 01, 2023 Know Your Risks
Anyone familiar with Newtons 3rd Law understands that reward almost always comes with an equal measure of risk, and the ultimate reward of retirement is no different. Donna and Nathan discuss the risks that one must consider during the course of their retirement planning, including: longevity risk, tax rate risk, health risk, stock market risk, and more.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 4/27/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
April 28, 2023 CDs on the Rise & Alexander Hamilton and The Whiskey Rebellion
If CDs are considered among the most vanilla financial products, this high interest rate environment has been the cherry on top, and conservative investors have been eating it up. Steve and Nathan discuss the surge in risk free products and how long we should expect it to last. Also, on our MoneyTalk Moment in Financial History, Nathan and Daniel tell the story of Alexander Hamilton and The Whiskey Rebellion.

Hosts: Steven Beauvais & Nathan Beauvais EA, CFP®, CIMA®; Guest: Daniel Sowa; Air Date: 4/26/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
42 min
April 27, 2023 Money Management Principles to Live By
There’s no one-size-fits-all method to managing your finances, but early on it’s important to draw from the experiences of others to help you shape your own approach to handling your money. Donna and Nathan share some wisdom from Cary Siegel’s book, “Why Didn’t They Teach Me This in School? 99 Personal Money Management Principles to Live By”, including: marry someone with a similar financial mindset, take more from your first few jobs than you give, get rich slowly, set realistic short term goals, save half of any salary increase you receive, and much more.

Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, EA, CFP®, CIMA®; Air Date: 4/25/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min
April 26, 2023 RMDs, Longevity Planning & IRA Limits
The MoneyTalk show has always been driven by the contributions of our loyal listeners. Donna continues the tradition with some important listener questions, including: should I take my first RMD the year I turn 73 or the following year, how do I address longevity in my retirement planning, and what are the current IRA contribution limits and deadlines?

Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 4/23/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
41 min
April 25, 2023 Navigating the Real Estate Market
The real estate market is punishing buyers with high prices, rising interest rates, and low inventories, and for those looking to compete it is more important than ever to know how to take advantage of your resources. Nathan brings on Mike Kidwell, mortgage originator at Leader Bank, and Dave Schneider, real estate agent at HomeSmart, to discuss the challenges buyers are facing and how to approach the process to position yourself for the best possible outcome.

Host: Nathan Beauvais, EA, CFP®, CIMA®; Guests: Mike Kidwell & David Schneider; Air Date: 4/21/2023.
Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!
See omnystudio.com/listener for privacy information.
43 min