Horizon Advisers Unleashed Podcast

Ryan and Andrew discuss the topic of control and money. It is a thought-provoking question that many people may never ask themselves or think about. We believe that if you're confident in your financial plan, you have a better shot at controlling your money and allowing it to work for you. Part of being in control of your money is the psychology behind it. You must act and think in a certain way.

Jody Hall started her career in the 1980s. At that time, there were approximately 10% women studying engineering and far less than 10% women practicing engineering. Fast forward to today and the numbers are a bit different, certainly overall the number of women in science fields has increased. However, there are many areas where there are curiously lower numbers, such as in metallurgy - a subfield in Materials Science & Engineering. When I retired in February 2020, I found I was still hearing too many stories about how women felt they had to work harder to achieve the same status as men. Although I’ve heard a lot of encouraging news about changes in the work environment, I feel sharing conversations with women who have had interesting career paths will help mentor and support others, especially in these areas where there aren’t a lot of role models or mentors . My focus is on why women choose these fields, what they can bring to the table, and why it is a good fit.

Ryan, Andrew, and Alex discuss what it means when feds raise interest rates. Why are they doing this? What does this mean for you? You will learn that this is a tool the government can use to fight inflation. We haven’t had much inflation for many years now. In addition, interest rates have been historically low. This could help or hurt you depending on your financial situation.

Ryan and Andrew talk with Jody Hall about her trip to New Zealand. Jody had a great career, as she retired, she and her husband planned a trip to New Zealand to celebrate. Does anyone know what happened in March 2020? They landed in Australia in March and hopped over to the Island a couple of days later, only to find out they were going into lock down. They ended up being out there for 100 days. Listen to her stories and how they got through the situation.

Ryan, Alex, and Andrew discuss the correlation between precious metals prices and inflation. Using the 3 charts, they explore the history of gold and silver prices. Then discuss what happened to those prices during inflationary periods of time. There is nothing wrong with owning precious metals, but we have to always be diversified.

https://www.usinflationcalculator.com/inflation/historical-inflation-rates/

https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

https://www.macrotrends.net/1470/historical-silver-prices-100-year-chart

Ryan, Alex, and Andrew discuss an article written by Lisa Firestone, Ph.D. about money stress. It is a well written article that discusses this topic and ends with 5 helpful tips when attempting to actively free yourself from these limiting attitudes. In the article it also discusses the “critical inner voice,” which is a powerful concept that you must pay attention too!

https://www.psychalive.org/money-stress-why-we-feel-bad-about-money/

Andrew and Ryan discuss whether you should help your kids financially or not. When does the payroll stop? Is it a good decision for both your own retirement goals and the success of the child? We discuss specific points on how it can work both positively and negatively.

https://www.kiplinger.com/personal-finance/should-you-help-out-your-adult-kids-financially

Veteran's Day Special! Ryan and Andrew interview Alex about his time serving in the Air Force. They dive into how he made the decision to serve and what the process was like from start to finish.

 Ryan, Alex, and Andrew discuss the importance of protecting your personal information. We live in a very connected world now, and our personal information can be all over the place.  They also discuss ways to help identify and protect against making mistakes online. You must take some time regularly to make sure you have covered your bases. Even though there really is no exclusive way to do this, you can take steps to put yourself in the best position. 

Ryan and Andrew discuss employee benefits and different types of plans. Employee education can lead to a better benefit experience. They discuss some contribution limits of these plans and which ones might be better based on size of company.