Don Sowa's MoneyTalk

By Cumulus ProvidenceBusiness

Don Sowa's MoneyTalk episodes

August 31, 2022 Basics of the Financial Planning Process
Money is personal, emotional, and often irrational, which is why financial planning is both a science and an artform. Donna takes listeners through the financial planning process including what to expect, conflicts of interest to be aware of, and the relationship between your goals and values. Host: Donna Sowa Allard, CFP®, AIF®; Air Date: 8/30/2022
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44 min
August 30, 2022 Beyond Student Debt
President Biden’s student loan debt forgiveness plan has targeted one of the major debt issues facing our nation, but it is only the tip of the burgeoning debt iceberg. Donna discusses the challenges around paying down debt in an increasingly expensive world, and offers options for those who don’t depend on their RMDs for income. Hosts: Donna Sowa Allard, CFP®, AIF®; Air Date: 8/29/2022
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44 min
August 29, 2022 How Dividends Work Differently
Investment income is critical for retirees, but the way dividends and interest are calculated on investments differs greatly from the interest earned on bank accounts or CDs. Steve and Nathan explain how dividends are calculated and why this can benefit you in a down market. Also, our MoneyTalk Moment in Financial History continues our discussion on the rise and fall of the gold standard. Hosts: Steven Beauvais & Nathan Beauvais EA, CFP®; Air Date: 8/24/2022
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43 min
August 29, 2022 Revisiting Some Rules of Thumb
In general, rules of thumb can be good guidelines, but sometimes they can offer an overly simplified view of the world. Donna and Nathan discuss the wisdom and flaws of some investing rules of thumb, including the 60/40 portfolio, the 4% rule, passive investing theory and more. Also listen for an in depth discussion on managing your high spending years. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais EA, CFP®; Air Date: 8/25/2022
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43 min
August 29, 2022 Investment Vehicles
There are many different types of investment vehicles to choose from, but how do you know which are right for you? Steve and Nathan discuss the differences and appropriate uses of various investment vehicles, including exchange traded products, mutual funds, REITs and more. Hosts: Steven Beauvais & Nathan Beauvais EA, CFP®; Air Date: 8/23/2022
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43 min
August 29, 2022 Irrational Markets
In the long run markets tend to behave rationally, but on a shorter timeline the irrational behavior of individuals leads to the unpredictable, volatile markets that we‘ve come to know so well. Steve and Nathan discuss the application of behavioral finance, the biases that it reveals, and review current economic indicators. Hosts: Steven Beauvais & Nathan Beauvais EA, CFP®; Air Date: 8/22/2022
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43 min
August 26, 2022 Annuities Get a Bad Rap
You may have heard the ad stating “I’d rather go to hell then sell an annuity”, but all financial products serve a purpose, and the annuity is an example of a useful product that is often misused. Donna and Nathan discuss the different types of annuities and who they are best for, the extreme risk involved in meme stock investing, and how the strength of the dollar effects the global economy. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais EA, CFP®; Air Date: 8/18/2022
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44 min
August 19, 2022 Time Is Money
Imagine that you invested $100,000 at 6%. Due to the power of compound interest, after a 30 year working career that account would have grown to $800,000, and that’s with no additional contributions! Steve and Nathan discuss the importance of time when it comes to achieving your financial goals. Also, our MoneyTalk Moment in Financial History covers a period when our nation lived by its standards, or at least the economy did: the history of the gold standard. Hosts: Steven Beauvais & Nathan Beauvais EA, CFP®; Air Date: 8/17/2022
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46 min
August 18, 2022 Cautious Optimism
After a five day market rally we may be seeing some positive headwinds, but when we look closely some of the forces driving that growth may be more temporary than we would like. Don and Donna discuss the week’s market movers, the many benefits of the Roth IRA, and some simple solutions for avoiding retirement obstacles. Hosts: Donald Sowa, CFP®, AIF® & Donna Sowa Allard, CFP®, AIF®; Air Date: 8/16/2022
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44 min
August 18, 2022 Defined Contribution Plans
If social security is the backbone of the retirement world, the defined contribution plan is the muscular system that keeps it supported. Don and Donna talk about how defined contribution plans work, how managing your behavior affects retirement outcomes, and the importance of consistent market participation.

Hosts: Donald Sowa, CFP®, AIF® & Donna Sowa Allard, CFP®, AIF®; Air Date: 8/15/2022
See omnystudio.com/listener for privacy information.
44 min