Insightful Principles

Chapter Titles:
00:00-01:50 Intro
01:50-05:43 History of the racial wealth gap
05:43-08:30 What has created the racial wealth gap differences?
08:30-16:35 Dynamics of the racial wealth convergence 1870-2020
16:35-18:45 Steps to closing the wealth gap 
18:45-24:41 Portfolio composition & future of the racial wealth gap
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Kevin described the research paper "Wealth of Two Nations, The U.S Racial Wealth Gap from 1860-2020". He explained the racial wealth divide, as well as the comparison between black and white households. 
Kevin explained the driving factors and the economic barriers surrounding the black community in the early 20th century. The racial wealth divide begins to decline significantly after the Emancipation Era. However, at the start of the 1930, the wealth gap became stagnant. Over the last 70 years, the wealth gap is around 6 to 1. 
Which means the average white households has six times the wealth compared to black households. Some of this is in result of the Jim Crow Era, inequality with financial institutions, and the violet destruction of black neighborhoods. 
Savings and capital gains were the two main characteristics among the wealth convergence. Lower savings and capital gains for blacks over time reflect their lower average income and wealth levels compared to whites.
Kevin went over various charts in the research paper that explained the dynamics of the racial wealth convergence, portfolio composition, and the future evolution of the future wealth gap.
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#investing #wealth #gap

Table of contents:
00:01-00:52 Intro
00:52-03:11 Mission & Purpose of starting podcast 
03:11-05:00 History of Juneteenth 
05:00-08:05 Wealth of Two Nations 
08:05-09:32 Circulation of money in the black community 
09:32-12:26 Solutions for closing the racial wealth gap
12:26-13:51- Financial Education, Equality, & Freedom
This podcast details the meaning of Juneteenth that took place on June 19th. It's a moment in history to recognized slaves became free in 1865. 
Specifically in 1865, is when the 13th amendment was created that abolished slavery in all of America.
Kevin expressed the importance financial literacy and education. Why it provides freedom for us to change our life and our family lives. 
He talked on some of problems that still remain with the racial wealth gap and the solutions to help closed the gap.
Kevin explained why the circulation of money needs to remain longer compared to other communities and why it helps with economic stability. 
He also went over the buying power blacks have is over $1.6 trillion. 
Buying black, investing in black businesses & entrepreneurs, as well as banking bank were all themes that could help blacks obtain more economic growth throughout our communities and build generational wealth over time. 
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Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & TikTok: @insightfulprinciples 
Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#juneteenth #freedom #education #equality 

Table of contents:
00:00-00:25 Intro
00:25-02:25 Fed Meeting Expectations 
02:25-03:24 Will the Fed raise rates by 75 basis points?
03:24-04:01 How rate hikes impact consumers?
04:01-05:09 Fed Funds Rate Target
05:09-07:56 Will interest rate hikes lead to a recession?
07:56-08:15 Closing
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What will be the Fed reaction to getting inflation under of control? Will it lead us into a further economic downturn? Will they raise rates .75 basis points? These questions were discovered throughout this video. 
Kevin detailed his expectation on what we will see for the Fed meeting and how it will impact the markets and consumers in general. He went over how the rate hikes will impact both the Fed Funds & the prime rate. Which are rates that impacts both banks and clients that are looking to take out a loan.
He also talked on the challenges of a soft landing and the importance of raising rates for the rest of the year to control inflation. Even when inflation has peaked, there still are many supply chain constraints along with the Fed balance sheet that remains as current issues that can alter the markets for the rest of the year. 
Disclaimer: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. Do your own research and become aware of the risks when making an informed financial decision. No suggestion is an offer to buy or sale an investment. 
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#economy #interest #rates #insightful #principles
 

Table of contents:
00:00-02:18 Intro 
02:18-05:37 CPI May 2022
 05:37-07:36 What will be the Fed response?
07:36-11:06 Consumer Confidence Index
11:06-11:48 Fed Meeting & PPI Release 
Kevin detailed the various categories that led to a higher inflation print for May 2022. He went over how food, housing, & gas were the 3 highest areas in the CPI. Record levels of gasoline have led to $5 a gallon across America. 
Food increases around fish, poultry, meat, & eggs led to a 10.1% year of year. Gasoline was at record levels of 48.7% year over year. Lastly, shelter rose to 5.5%. Kevin highlighted the sentiment of the Consumer Confidence Index and how it relates to when consumption goes down in the economy. 
The Producer Price Index will be out June 14th & Fed Meeting will happen June 15th, 2022. This is worth paying attention to and seeing where the economy will go from here. What will be the Fed response to tackling inflation? Will the Fed continue to raise rates into 2023? All of these questions were answered throughout this podcast. Rate, leave a review, & share. 
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#inflation #record #insightful #principles

Chapter Titles
00:00-02:50 Intro | Where is the economy going?
02:50-04:58 Real GDP Decline
04:58-06:40 Unemployment Rate
06:40-08:23 Tech Companies Hiring Freezes
08:23-16:10 Consumer Price Index (Inflation) 
16:10-17:20 Inflation is much higher than reported numbers
17:20-19:27 Producer Price Index (PPI)
19:27-23:00 Purchasing Manager's Index (PMI)
23:00- 25:33 Fed Interest Rate Hikes 
25:33-27:46 Closing | Preparing for the Future Economy 
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Kevin described the current state of the economy in 2022. He explained some key indicators to pay attention to throughout 2022. 
The Real GDP numbers were discussed and the decline with economic activity in the US. What does this mean for economic activity if we go into another consecutive quarter of a decline with real GDP? Will this possible lead us into a recession? 
Kevin expressed how inflation is much higher than what has been reported and he provided his insight on what he expects with the next inflation report coming on June 10th, 2022.
 He also discusses the Producer Price Index and how it represents the changes in prices we see throughout the economy.
Lastly, he goes over one important indicator that can be utilized to understanding if manufacturing in the economy is expanding or contracting. Understanding these important economic indicators can provide profitable foresight on the developing trends happening in the overall economy. 
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#economy #2022 #insightful #principles

Chapter Titles:
00:00-01:07- Are we moving towards a recession?
01:07-04:11 Live below your means
04:11-05:17 Have multiple streams of income
05:17-06:39 Build 3-6 months of an emergency fund
06:39-08:32 Evaluate high interest debt
08:32-09:14 Utilize government programs with paying back student loans
09:14-11:36 Stay invested long term
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In this podcast, Kevin described the importance of preparing for an economic downturn. Kevin explained why keeping your expenses low and living within your means can pay dividends when times get tough.
He went over why everyone needs to have more than one stream of income to prepare of possible job loss or a reduction in income. 
That way you are not relying on one stream of income, but you have other assets working for you if one goes away.
Other topics discussed was assessing your finances and monitoring bad debt that has high interest. As well as tips to paying back student loans. 
Lastly, the purpose of this video is to give you all perspective on looking at recessions as opportunities and the value of staying invested long term. 
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#financially #prepare #recession #insightful #principles

Disclaimer: My content is designed for informational and educational purposes. Please consult with an advisor or a brokerage firm when making an investment decision. 
Do your own research and become aware of the risks when making an informed financial decision. 
No suggestion is an offer to buy or sale an investment. 
These views are based on my own and the guest. You must understand your own risk tolerance and be comfortable with making a specific investment decision.
Table of Contents:
00:00-01:19 Intro
01:19-02:30 James Lavish Background
02:30-10:18 Professional Hockey Player To Hedge Fund Manager 
10:18-14:47 Differences between wall street & bitcoin community 
14:47-25:28 School system doesn't teach financial literacy  
25:28-35:30  Discovering Bitcoin
35:30-38:21 Inflationary vs. Deflationary Economy  
38:21-48:55 Bitcoin & Time Preference  
48:55-1:00:58 Bitcoin as a global reserve currency 
1:00:58-1:07:17 Market volatility with different asset classes
01:07:17-1:10:20 Closing 
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James Lavish shared his perspective on transitioning from the institutional world to focusing on the Bitcoin network. 
He has over 25 years of institutional investing and risk management experience.
 James recently was the Chief Operating Officer of Alternative Investments at LKCM, a $26 billion asset management firm in Forth Worth Texas. 
Prior to joining LKCM, Mr. Lavish was the co-founder and a managing partner of Ranger Arbitrage, Head Arbitrage Trader and Officer of the Compliance Committee for Carlson Capital. 
Throughout this conversation, James highlighted his journey from being drafted in the NHL to becoming an hedge fund manager. 
He talked on the differences between Wall Street and interacting with people in the Bitcoin community.  As well as how he discovered Bitcoin and became an educator in this space.
James Lavish Outlets:
Twitter: @jameslavish
Informationist Newsletter: https://jameslavish.substack.com/subscribe
https://lookingglasseducation.com/author/jameslavish/
IP Outlets:
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#hedge #fund #bitcoin #insightful #principles

Chapter titles:
00:00-00:59 Intro
00:59-02:17 Money & Your Mindset
02:17-03:26 Instant vs. Delayed Gratification
03:26-04:56 Marshmallow Experiment 
04:56-07:37 What is Time Preference?
07:37-09:57 The Importance of Lower Time Preference  
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Kevin describes the difference between instant & delayed gratification. As well as the importance of having long term thinking and not becoming a consumer within society. Focusing on the more rewarding long term gain is important compared to the immediate gain you can get today. 
He goes over the popular marshmallow experiment conducted by Walter Mischel which detailed how students reacted to instant and delayed gratification. 
Kevin also explained the concept behind time preference and how it plays a vital role with our decision making everyday.
Each financial choice we make everyday either lower's or increases our time preference. When an individual is able to lower their time preference, they have a better quality of life because they are not worrying about  money. 
They have accumulated capital over a long period of time and they now can focus on other areas in their life that gives them a higher purpose. 
When individuals higher their time preference, they don't have the luxury of doing other things that give them meaning. Nor can they be more productive. 
They continue to stay on the hamster wheel. This video is all about your mindset and understanding that your decisions everyday ultimately impact your finances in a positive or a negative way.   
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#instant #delayed #gratification #insightful #principles

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Special guest Tim Williams shared his experiences both working and building a business in the trucking industry. He explained how he got started and some of the challenges he went through to build a successful trucking company. Tim mentions how you can easily make 6-figures in the trucking industry but you can just as easily lose money as well.
Doing the research, developing the connections, building your capital and credit was some points Tim highlighted for those that have an interest on getting into the industry. He broke down the different ways you can invest into your first truck, wether that's a semi, flatbed, or an hotshot. There are many different ways to get into this space and evaluating the pros and cons of each is vitally important. 
Tim expressed how to effectively find drivers and prepare for maintenance cost when building a trucking business. We also dive into the importance of entrepreneurship and how it differs to an employee from a taxing perspective. Continue to rate, leave a review, & subscribe. 
Tim Outlets:
Youtube: Timothy Williams Jr
Instagram: @timothywilliamsjr0
Trucking Insurance Agents mentioned: 
Agnes/Email: [email protected]
Gianni/Email: [email protected]
Phone Number: 949-629-3077
Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media:
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#starting #trucking #company #insightful #principles

How does inflation and money printing create wealth inequality in the economy? 
What is the Cantillion effect? Why do we have a wealth gap and what are some solutions to solving the problem. All of these questions were answer throughout this episode. 
Kevin explained the expansion of the Federal Reserve balance sheet from 2020-2022 and how the economy is feeling the after effects with inflation because of the money that was printed. He touch on how the goal was to increase economic activity but now we have move more into a tightening environment where there is an increase with interest rates. 
With a high interest rate environment,  Kevin described how this has led to more volatility amongst different asset classes. The Cantillion effect was another concept mentioned to explain why inflation and money printing helps the people that are more wealthy and hinders the people that don't have as many resources. In result, Kevin express why the Fed needs to have a cap on their money supply and create a more inclusive monetary system that provides equality for everyone. 
Sponsors:
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Show email & contact info:
Email: [email protected]
LinkTree: https://linktr.ee/insightfulprinciples
Social Media
Instagram & TikTok: @insightfulprinciples
Twitter: @insightprinples
LinkedIn: Kevin Jenkins 
Clubhouse: @kevnjenkins
#inflation #moneysupply #economics