Financial Nuggets

Operators continue to call Michael and Joe to ask for help with their TMs finances. PWC 2023 Employee Financial Wellness Survey said 57% of employees cite finances as their top source of stress surpassing work, health or family issues. Same study said financially stressed employees are twice as likely to seek new employment. 

The solution? Introducing Wealth Nuggets!

As more and more operators are reaching out to discuss their team members, Michael begins a series on TM care. Today's episode discusses retention stay bonuses. Earlier this month, the first retention bonus was paid out to a TM to fund his franchisee fee.

Today, Michael continues discussing the same Fidelity study and focusing a little more on the retiree data. Why does the pre retiree data and retiree data conflict with each other? What can we learn about this?

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In this episode, Michael discusses a recent Fidelity article discussing declining confidence in pre retirees views on retirement. Why are they no longer optimistic about retirement? What can a pre retiree do today to help with this?

http://oliveharbor.com

https://newsroom.fidelity.com/pressreleases/fidelity-investments--research--while-over-70--of-retirees-say-retirement-is-going-as-planned--confi/s/d9799b30-b28e-4b8b-842e-ca2d8fcd143d

There were some big claims on April 25th this year that the economy would collapse in about a month. Why were those claims made? What has happened since? What can we learn from it?

http://oliveharbor.com

How many times have you heard this year that the markets are crashing? Stocks are tanking? In today's episode, Joe discusses the crash that wasn't and what we can learn from the first part of this year... 

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In this episode, Michael discusses the rise of gold this year and why many are starting to talk more about it. Should you invest in it? Is it a good hedge against your other investments?

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Michael continues discussing the S&P500 and the top 25 holdings. How long have the stocks been listed? What is the oldest stock? What is the youngest? Is it a good time to buy these?

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In today's episode, Michael talks through some of the conversations sitting on the beach at spring break around certain stocks... What are the top 10 stocks in America today? What about 5, 10, or 20 years ago? And what does this tell us about building portfolios?

http://oliveharbor.com

Are you weathering the storm in markets this year? Maybe a better question is should you even have to weather a storm this year in markets? In this episode, Michael discusses market returns through the first quarter as well as tariff impact on portfolios.

http://oliveharbor.com