Insightful Principles

IN THIS EPISODE, YOU’LL LEARN
2:26-Will there be a Global Recession in 2023?
3:11-Trouble with U.K pension funds
11:58-U.S Deficit since 2001 
12:50-What is the Total Debt to GDP?
14:17-Will the Debt Spiral Continue? 
15:15-How much National Debt does the U.S have? 
19:00-The importance of hard assets 
Kevin talked on Stanley Druckenmiller recent interview on CNBC regarding a possible global recession in 2023.
Some of the themes were how the interest expense on the debt is becoming increasingly high. Druckenmiller highlighted how the expense will eat up healthcare spending by 2027, discretionary spending by 2047, & social security by 2049.
Kevin also detailed some graphs around the U.S deficit, the total debt to GDP, & the overall debt spiral. Please rate, leave a review, & share. 
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#sovereign #debt #crisis #insightful #principles

IN THIS EPISODE, YOU’LL LEARN:
2:25-What is Fractional Reserve Banking?
3:03-How much does a bank keep in reserves & lend?
3:36- How the Federal Reserve impacts economic activity
6:26-Challenges with fractional reserve system
Kevin discussed the system of fractional reserve banking. He also detailed how reserve requirements work in the banking world and how it’s a monetary tool the Federal Reserve will use.
Kevin explained what reserve requirements are and how all banks have a certain percentage of reserves that have to keep on hand. 
As well as how lending and credit is utilize to create more funds for the economy.
He explain the challenges of this system and why it’s an accepted practice amongst most banks throughout the world. 
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#fractional #reserve #banking #insightful #principles

IN THIS EPISODE, YOU'LL LEARN:
00:00-03:45 Risk Management Strategies? 
03:45-07:28 Risk & Return?  
07:28-11:37 What is the Relative Strength Index (RSI)?
11:37-13:24 Utilizing Support & Resistance 
13:24-19:18 Identifying patterns, trends, & momentum within market 
Kevin described some common risk management strategies you can use within your portfolio. Risk management is an important component to managing capital & losses within the market. It comes down to minimizing losses and & taking the small wins. 
Warren Buffet once said Rule #1 is never lose money, rule #2 is don't forget rule #1. We understand that losses come with investing but the best investors are the ones that know to manage their capital & risk of loss. 
Kevin detailed indicator's such as the Relative Strength Index (RSI) and the MACD to highlight how to identify trends and patterns throughout the market. 
Proper risk management set's you up for further opportunities in the market, the question you should ask yourself is how are your preparing for the next opportunity? Please rate, leave a review & share. 
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#risk #capital #management #investing #insightful #principles

IN THIS EPISODE, YOU'LL LEARN:
00:00-03:43   What is the Fiat Standard?
03:43-06:48  The Monetization of Debt?
06:48-07:17 How Bitcoin Fixes the Fiat System? 
07:17-10:04 How Sophisticated The Dollar System Is?
10:04-17:02 Event's In History That Led To The Fiat Standard?
This episode breaks down Saifedean Ammous book "The Fiat Standard". It examines the operation and creation of the fiat monetary system. 
Kevin explains how the author made many references compared to the Bitcoin Network. Like "Fiat Mining" and "Fiat Protocol".
 Saifedean does a great job explaining some of the use cases for Fiat & how Bitcoin can co-exist in a credit based society. Kevin provides a list of event's that led to the dollar being taking off the gold standard in 1971. 
He also highlights why a fiat system promotes the monetization of debt & why savings is not encourage throughout the U.S. 
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Clubhouse: @kevnjenkins

IN THIS EPISODE, YOU'LL LEARN:

• 3:30-The impact of Terra Luna on the crypto market? 
• 10:33-Overleverage with Three Arrows Capital?
• 16:33-Insolvency with centralized exchanges?
• 18:40 Reasons for self-custody in crypto?
• 24:37- Will Voyager & Celsius pay back their creditor's?
• 28:45- The value of the Bitcoin Network? 
• 36:49 Increase in global energy prices impacting Bitcoin Mining?
• 1:06:40 Proof of Work vs. Proof of Stake?

This episode featured Alex Cole. Kevin & Alex talked on the future of Bitcoin and why recent event's highlight the importance of decentralization. 
The various different insolvency cases with Terra-Luna, Three Arrows Capital, Voyager, & Celsius showed some of the challenges with overleverage & participating in risky protocols. 
These events this year also state the risks with centralization & why Bitcoin has more validation than any other crypto asset. 
Kevin & Alex also gave their thoughts on the upcoming merge with Ethereum on September 14th, 2022. Please rate, leave a review, & share! 
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#bitcoin #crypto #decentralized #insightful #principles

IN THIS EPISODE, YOU'LL LEARN:

• 1:25-Contribution types impacting your retirement picture?
• 3:37-Tax implications for pre-tax accounts?
• 6:37-The value of roth contributions?
• 9:15- Diversifying with pre-tax & roth contributions
• 11:25-After-Tax Earnings & Contributions
• 13:12-Looking at your tax bracket to determine contributions

Kevin explained the 3 different ways you can contribute into an 401k plan. Those are pre-tax, after-tax, & roth.
 Identifying how you contribute into your 401k plan will ultimately determine how your 401k will be taxed in retirement. 
What is the tax bracket you're currently in now? What tax bracket will you be in during retirement? How are you contributing into your 401k now? What are you financial goals for retirement? These are some questions to help guide you on your contribution choices. Please rate, leave a review, and share this podcast. 
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#401k #retirement #contributions #insightful #principles

IN THIS EPISODE, YOU’LL LEARN

• 1:41- Student Loan Forgiveness Program Guidelines 
• 2:15- What to do if you have private loans?
• 2:48- Eligibility and options available if the relief program doesn’t apply to you?
• 3:40- Extension of pause for the repayment of federal loans?
• 4:07- Cutting monthly payments in half for undergraduate loans?
• 4:30- Changes to the Public Self Loan Forgiveness Program?
• 6:25- Increasing the amount of Pell Grant Recipients?
• 8:35- Obtaining a degree that will give you an ROI?
• 11:13- The responsibility is on us, not the government? 

Kevin explained Biden's plan for the Student Loan Forgiveness Program. He went over the guidelines for the program and eligibility process to receive some debt relief on your students loans. 
Kevin provided options for those that have private loans and are in a high income household that may need be able to get this relief. 
There is a three step plan that will be designed to help low income and middle income families pay back their loans. 
Overall, Kevin expressed his opinion on the student loan bubble and some solutions to help bring the debt down over time. 
Sponsors:
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#biden #student #loans #forgiveness #plan

IN THIS EPISODE, YOU'LL LEARN

• 1:18 - 3 Personal Finance Book's That Will Change Your Thinking 
• 2:15 - Defining being wealthy vs. being rich
• 2:50 - Using the brain to make smarter financial decisions
• 04:58 - Reducing your exposure to losses in your portfolio 
• 09:36 - The difference between getting money vs. keeping money
• 13:01 - The value of paying yourself first.

In this episode Kevin broke down three books that have fundamentally change the trajectory of his life. The books highlighted were The Geometry of Wealth by Brain Portnoy, The Psychology of Money by Morgan Housel, & Millionaire Next Door by Thomas J. Stanley. Please rate, leave a review, & share.  
Sponsors:
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Invest in crypto through a tax advantage retirement account with ITrust Capital!
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#personal #finance #reads #insightful #principles

IN THIS EPISODE, YOU'LL LEARN:

• 2:03- What is an Roth IRA & Why is it valuable to you? 
• 2:49- Requirements for qualified withdrawals
• 3:48- Buy and hold strategy
• 6:58- Index fund's that mirror the total stock market
•  10:22- Importance of diversification

Kevin explain some strategies around investing in an Roth IRA for beginner's and how it may be beneficial for you. He also explain the tax advantages of investing in an Roth compared to other retirement accounts. As well as some index funds that will start your journey today when investing in an Roth IRA. Please rate, leave a review, and share!
Sponsors:
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Safely secure your crypto with Ledger, the largest crypto hardware wallet! https://shop.ledger.com/?r=aa519baed9ca
Invest in crypto through a tax advantage retirement account with ITrust Capital!
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
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Clubhouse: @kevnjenkins
#roth #ira #retirement #insightful #principles

Table of Contents:
00:00-01:17 ITrust Capital (Opening Crypto IRA) 
00:17-02:20 The $100 Trillion Dollar Global Economy 
02:20-04:08  Largest Economies In The World 
04:08-04:16 China's GDP To Surpass U.S By 2030
04:16-04:47 China Largest Exporter In The World 
04:47-05:09 U.S Largest Importer In The World
05:09-06:28   Buzzsprout  (Starting A Podcast)
06:28-08:09  List of U.S Import's    
08:09-08:55 Nations Ruling for 250 years
08:55-10:15 Current Macro Environment 
10:15-11:18  Ledger (Crypto Hardware Wallet)
11:18-12:53 Closing 
Kevin described the $100 Trillion Dollar Global Economy by Visual Capitalist. He broke down some of the largest economies throughout the world and how there will be an milestone at the end of 2022 from an economic output standpoint. 
Despite stagflation & tightening from our monetary system, many countries gross domestic product (GDP) will increase by the end of the year. 
Kevin also explain how China's GDP will eventually surpass the U.S by 2030. He described the reasons for this and why China is the largest exporter in the world, while the U.S is the largest importer. 
Which means China tends to produce a majority of their products and outsource them to other countries. Where the U.S relies on the production from other countries. 
Lastly, Kevin express his take on the current macro environment and how China can potentially be the next powerhouse economically if things continue the way they are now. Please rate this podcast, leave a review, and share! 
Sponsors:
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Invest in crypto through a tax advantage retirement account with ITrust Capital!
https://itrustcapital.com/referral100?utm_source=partner&utm_medium=youtube&utm_campaign=partner850&oid=10&affid=850
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
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Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#trillion #dollar #global #economy #insightful #principles