In today's show we chat on an article looking at why people are refinancing mortgages with the yield curve inversion. 

https://blairbellecurve.com/yield-curve-inversion-in-the-mortgage-market/

The Tweet of the Week:  https://twitter.com/behaviorgap/status/1164671595522056192

The flawed investment measure that is commonly shown is from the Dalbar study. We discuss a recent article and others discussing the issues with how the data is the presented. 

https://www.advisorperspectives.com/articles/2014/06/17/a-simple-explanation-for-dalbar-s-misleading-results

Podcast reference about Josh Brown ://open.spotify.com/episode/2QwBy6RJNpMHPKNjs26HQw

The Dalbar study in the JP Morgan Guide to the Markets ://am.jpmorgan.com/us/en/asset-management/gim/adv/insights/guide-to-the-markets

More Dalbar Articles: https://thefinancebuff.com/dalbar-study-overstates-investors-bad-timing.html & https://jasonzweig.com/just-how-dumb-are-investors/

On today's show, Colin, Dwight, Ian, and Isaiah discuss why finding meaningful work is so important to our generation. What is passive income and how to grow your personal income? Finally, they all discuss the annoying sometimes true aspects of the financial services industry,

Links:

 https://moretothat.com/pointless-job/

https://www.amazon.com/Start-Why-Leaders-Inspire-Everyone/dp/1591842808/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr=

In this episode, Dwight, Ian, and Isaiah discuss the following:

The shift of fee models in the financial advice world and why that’s a good thing. The profession is moving from just sales. The idea of being a specialist as well.

Tweet of the Week: The problem with social media trolls and direct messaging nasty-grams. Do better!

Finally, why choosing a financial advisor based on an awards list is often not the wisest choice. Ensure you understand how these awards are given, and the inheritant conflicts in how they are awarded.

On today's show, Colin, Dwight, Ian, and Isaiah all share their biggest personal financial mistakes in hopes you can learn from their errors.

Colin's - Learned about being a 1099 employee that doesn't pay quarterly taxes...OUCH!

Dwight's - Buying a motorcycle with a credit card 

Ian's - Using a portion of an inheritance to buy a new car. Joining a network marketing company. 

Isaiah's - Investing by buying a story stock, without having any "true" knowledge on the company or why you should buy it. 

Connect with us on Twitter

Colin -https://twitter.com/advizewealth

Dwight -https://twitter.com/WindingTrailFin

Ian -https://twitter.com/IanHBloom

Isaiah - https://twitter.com/IDFinancial

In this episode, Colin, Dwight, Ian, and Isaiah are all together to chat on the topic of The American Dream per an article that Dwight found.

https://www.wsj.com/articles/your-parents-financial-advice-is-kind-of-wrong-11568367000

Tweet of The Week: https://twitter.com/Wealth_Theory/status/1166210963277848576

The final topic is one on the high cost of living  areas vs. lower cost better know as "Location Arbitrage."

https://www.kitces.com/blog/weekend-reading-for-financial-planners-sep-14-15-2/?utm_source=rss&utm_medium=rss&utm_campaign=weekend-reading-for-financial-planners-sep-14-15-2&utm_source=Nerd%E2%80%99s+Eye+View+%7C+Kitces.com&utm_campaign=3e2e13e3df-NEV_MAILCHIMP_LIST&utm_medium=email&utm_term=0_4c81298299-3e2e13e3df-57259798

In today's episode we tackle Long Term Care (LTC) Insurance and the big misunderstanding that are associated with the products. The advances and changes to what's in the marketplace. Why it's important whether it's for you or a family member. The actual amount of most US retirees will spend on LTC. The issues with relying on Medicaid to provide care. 

Isaiah's Tweet of the Week - https://twitter.com/danielcrosby/status/1157024372160380928

Finally, Colin brings up a great point on insurance commissions that sparks a debate on how and where those funds should go. 

In today's episode we chat on a piece from Ben Carlson https://awealthofcommonsense.com/2019/08/this-is-what-happens-as-societies-become-wealthier/

Tweet of the Week - https://bpsandpieces.com/2019/07/03/portfolio-appendectomy/

S&P 500 Returns have crushed everything and why the last ten years are not indicative of the past. 

What's been the last performer in the last 20 years? The answer will surprises you. 

On Today's show we discuss an article that talks about the "resulting" and the issues that are associated with that thinking.

https://www.forbes.com/sites/ryanfrailich/2019/01/25/how-resulting-impacts-your-personal-finances/#3cbb25733ee5

We also discuss a better way to buy a car and how to remove the emotion and poor judgement we all have or will make. 

https://twitter.com/KaliRoberge/status/1153310198012022786

https://momanddadmoney.com/how-to-negotiate-with-the-dealers/

On today's show we talk about what does the alphabet soup of financial designations mean?

 CFP®, CFA®, CPA, CPWA, and CDFA + the 100's of others... 

https://www.finra.org/investors/highlights/3-things-know-about-financial-designations

https://www.finra.org/investors/professional-designations

https://www.wsj.com/articles/SB10001424052748703927504575540582361440848

CPA: https://www.finra.org/investors/professional-designations/cpa

CFA: https://www.finra.org/investors/professional-designations/cfa

CFP®: https://www.finra.org/investors/professional-designations/cfp

CDFA: https://www.finra.org/investors/professional-designations/cdfa

NAPFA Consumer Resources: https://www.napfa.org/financial-planning/consumer-resources

TR401 Tweet https://twitter.com/TR401/status/1150766858846556161

Alex Chalekian Tweet - https://twitter.com/AlexChalekian/status/1150456972883329025 

On today's show we discuss 

How you were raised, how money was treated in your family, and your parent's job affect how you view your finances. 

Article Link:  https://www.forbes.com/sites/riankadorsainvil/2019/06/28/why-we-cant-talk-about-money-without-talking-about-culture/#5b1cf3dd5e8d 

Isaiah's Podcast Recommendation Financial Education for Family's: https://podcasts.apple.com/us/podcast/frazer-rice-financial-education-for-all-net-worths/id1331238711?i=1000430137877

The issues with our connected lives and Facebook's challenges. 

AP Report out that 25% of American's don't plan to retire. We discuss the absurdity the people who are thinking this way.

Article Link:  https://finance.yahoo.com/news/poll-1-4-dont-plan-121750754.html