Intelligent Money Minute

Intelligent Money Minute

By Hans Blake, CFA, CPABusinessEntrepreneurshipInvesting
Download on the App Store

Intelligent Money Minute episodes

  • Why Widows Are Hot


    On today’s Intelligent Money Minute, we’ll interview Kathleen Rehl on why widows are hot. During this episode, Kathleen explains why widows are hot and how the future is female. First, she states several statistics concerning the high percentage of widowed/singled women at death. Compared to men, significantly more women are widowed or single when they die. Kathleen also mentions that most of the world’s wealth is being controlled by women today. This is due to many women being beneficiaries of an inheritance. Lastly, Kathleen remarks on the number of women today in higher education. Investors, and professionals alike, should plan on working with women due to the rise in widowhood.
    At Intelligent Investing, we understand there is a current shift and the statistics are clear that there will be a rise in widows and widowhood. Here is a link to the book Kathleen mentioned- The Longevity Economy on our blog page. We also have a page dedicated to widows at investedwithyou.com, where you can find information and content geared towards widows and women.
    On upcoming podcasts, Kathleen will talk about the three stages of widowhood- Grief, Growth, and Grace, so be sure to subscribe by clicking here.
    Kathleen Rehl Bio
    Kathleen M. Rehl, Ph.D., CFP®, CeFT® wrote the multi-award-winning book, Moving Forward on Your Own: A Financial Guidebook for Widows. Experiencing widowhood herself, Dr. Rehl empowers widows financially™ and inspires their advisors. Her work has been featured in the New York Times, Wall Street Journal, AARP Bulletin, CNBC, USA Today, U.S. News & World Report, Journal of Financial Service Professionals, Journal of Financial Planning, and other publications. Rehl owned a financial planning firm for 17 years before retiring to her “encore” career. She walks an hour daily, practices yoga, enjoys art and music festivals, writes poetry and makes art, loves her grandsons . . . and continues to evolve on her journey.
     
    5 min
  • How Diversification is Like Taking a U.S. Road Trip

    On today’s Intelligent Money Minute, we’ll interview Larry Swedroe on how diversification is like a U.S. road trip. Larry begins by stating that in a world of uncertainty, diversification is […]

    The post How Diversification is Like Taking a U.S. Road Trip appeared first on Intelligent Investing.

    8 min
  • How Diversification is Like Taking a U.S. Road Trip


    On today’s Intelligent Money Minute, we’ll interview Larry Swedroe on how diversification is like a U.S. road trip. Larry begins by stating that in a world of uncertainty, diversification is the only prudent strategy. No one can know the future; therefore, it is wise to diversify across various sources of risks and returns. Larry continues by making the comparison of diversification to a U.S. road trip from New York to San Francisco. Imagine that in each leg of your trip you only travel half of the remaining distance. You are getting closer to, but not completely arriving at your destination. Each leg adds less distance.
    Diversification works in the same way. The most important diversification is the addition of the right amount of fixed income to dampen the risk of the overall portfolio. This gets you halfway across the country. From here, each “leg” adds less value, but you’ve already gone almost the whole distance. Larry notes that typically 8-10 mutual funds are, at most, all you will need.
    At Intelligent Investing, we strongly believe in diversification. We believe that it may not be best to own one thing to make a killing in it. However, by doing so, this may prevent you from not owning enough of any one thing to be able to get killed by it.
    We’ll be interviewing Larry on several podcasts regarding markets, passive investing, and diversification, so be sure to subscribe to our Intelligent Money Minute podcasts.
    Larry was among the first authors to publish a book that explained the science of investing in layman’s terms, “The Only Guide to a Winning Investment Strategy You’ll Ever Need.” He has since authored seven more books.
    Larry Swedroe Bio
    Since joining the Buckingham Strategic Wealth in 1996, Chief Research Officer Larry Swedroe has spent his time and energy educating investors on the benefits of evidence-based investing.
    In his role as chief research officer and as a member of the firm’s Investment Policy Committee and Board of Directors, Larry regularly reviews the findings published in dozens of peer-reviewed financial journals, evaluates the outcomes and uses the result to inform the firm’s formal investment strategy recommendations.
    Larry’s dedication to helping others has made him a sought-after national speaker. He has made appearances on national television shows airing on NBC, CNBC, CNN and Bloomberg Personal Finance. Larry is a prolific writer, contributing regularly to multiple outlets, including Advisor Perspectives and ETF.com.
    Before joining Buckingham, Larry was vice chairman of Prudential Home Mortgage and senior vice president at Citicorp.
    Larry holds an MBA in finance and investment from NYU, and a bachelor’s degree in finance from Baruch College.

    8 min
  • Three Key Elements To Being An Index Investor

    On today’s Intelligent Money Minute, we’ll interview Rick Ferri on three key elements to be an index investor. During this episode, Rick continues his summary of his e-book, “The Education […]

    The post Three Key Elements To Being An Index Investor appeared first on Intelligent Investing.

    5 min
  • Three Key Elements To Being An Index Investor


    On today’s Intelligent Money Minute, we’ll interview Rick Ferri on three key elements to be an index investor. During this episode, Rick continues his summary of his e-book, “The Education of an Index Investor.” He lists out three keys to becoming an index investor and explains how they fit together seamlessly.  Similarly, at Intelligent Investing we strongly believe in behavioral coaching our clients. All successful long-term investing is goal-oriented and therefore planning-driven. Learn more here.
    Check out our previous podcasts with Rick on The Journey of an Index Investor and Financial Heroes. 
    Rick Ferri is a fellow CFA Charterholder, Marine veteran, author, and owner of Ferri Investment Solutions. He continues to write books and articles, provide educational webinars, and teach financial lectures.
    Rick Ferri Bio
    Rick Ferri earned a B.S. in Business Administration and an M.S. in Finance. He also holds a Chartered Financial Analyst (CFA) charter through the CFA Institute. After college, Rick served as a U.S. Marine Corps officer and fighter pilot for 20 years of active duty and reserve service.
    Rick’s investment career spans three decades and offers a history of empowering people to achieve their goals. He landed in the brokerage industry in 1989 where he learned the wrong way to invest. As a result of 10 frustrating years, Rick founded one of the country’s first low-fee investment advisory firms. Rick’s firm grew to a sizable business over the next two decades due to the explosion of interest in low-fee investing. This growth provided good-paying jobs to dozens of people and allowed Rick to take on business partners with whom he generously shared his equity.   
    Ferri Investment Solutions is Rick’s new firm. This modern concept provides even greater value to investors by “unbundling” adviser services whereby clients pay only for the time it takes to assist them. In addition, Rick’s industry consulting firm helps other advisers build their investment practices, and he has launched Core-4 Portfolios to provide simple model portfolios for use by a wide variety of investors. 

    5 min
  • What is a Donor-Advised Fund?

    On today’s Intelligent Money Minute, we’ll interview John Putnam on what is a donor-advised fund. John begins by giving us a simple definition. A donor-advised fund is a low-cost flexible […]

    The post What is a Donor-Advised Fund? appeared first on Intelligent Investing.

    5 min
  • What is a Donor-Advised Fund?


    On today’s Intelligent Money Minute, we’ll interview John Putnam on what is a donor-advised fund. John begins by giving us a simple definition. A donor-advised fund is a low-cost flexible account for charitable giving. Due to some of the similarities, you can think of a donor-advised fund as a “charitable checking account.” Rather than giving directly or creating a private foundation, a donor can choose to open a donor-advised fund instead. The 501(c)(3) public charity is the holder of the account instead of a bank. Unlike a checking account, however, the donor makes “irrevocable gifts” than cannot be retracted. John recommends a donor-advised fund for a donor giving to a greater number of charities. A note-worthy advantage of a donor-advised fund is the ability of the donor to remain anonymous. A donor-advised fund is a wonderful opportunity for the donor seeking to keep things simple.
    At Intelligent Investing, we can help you know whether a donor advised fund makes sense, and can help you with creating one. If you are interested in having a 15 minute complimentary call to discuss this or other financial topics, click here.
    More From John
    We’ll be interviewing John Putnam on future podcasts on creative ways to give charitably, how to use a donor-advised fund, and charitable giving with Young Children, so be sure to subscribe.
    John Putnam Bio
    John is an author, speaker, Kingdom entrepreneur and non-profit leader of NCF Carolinas. He grew up on a cattle farm in Cherryville, NC (that’s ‘Churvul’ for you locals ☺), and attended college at N.C. State. Above all, John is married to his wife Anne and the father of three children. 
    John led a thriving financial services practice for over 20 years. Following his passion for stewardship, he launched a Charlotte, NC affiliate of National Christian Foundation. On January 1, 2018, the office merged with NCF Raleigh to become NCF Carolinas. To His glory alone, God has used the NCF Carolinas team to help mobilize hundreds of millions of dollars for Kingdom impact. John’s professional background is as a former Certified Financial Planner, a trained Life Planner through The Paterson Center and a graduate of Charlotte Leadership Forum. He has worked alongside the Halftime organization, a two-time graduate of The Masters Program and a past Strategic Coach participant. He enjoys sharing through media, workshops and his website at JohnPutnam.com. 

    5 min
  • How to Help a New Widow

    On today’s Intelligent Money Minute, we’ll interview Kathleen Rehl on how to help a new widow, and things not to say. Kathleen initially gives the advice to simply listen to […]

    The post How to Help a New Widow appeared first on Intelligent Investing.

    6 min
  • How to Help a New Widow


    On today’s Intelligent Money Minute, we’ll interview Kathleen Rehl on how to help a new widow, and things not to say. Kathleen initially gives the advice to simply listen to a widow. Such a simple gesture may sound easy, but it is often more difficult than expected. Let her recall memories, remembering her husband, and even letting her cry. This simple act of kindness, listening, goes further than one might imagine. Next, Kathleen gives advice on what not to say to a widow. Phrases such as “I’m so sorry for your loss,” or “at least you still have your children, etc.” are not helpful. Instead, these phrases can be more self-focused than thoughtful. A more insightful phrase may be, “I can’t begin to understand your loss, but I’m going to be here with you.” Lastly, Kathleen mentions how much more beneficial specific questions or gestures may be. Asking “How are you eating/sleeping?” or offering to come over for a visit may be greatly appreciated.
    Talking about spouses that have passed away can be difficult, but part of the healing process for a widow. Consider removing cliché phrases such as “At least…., and I’m sorry.” and replacing them with heartfelt questions such as “How are you eating? How are you sleeping.” Let the widow know you are going to be there for them in the days and weeks ahead and consider scheduling a coffee or tea to spend genuine time listening to their grief. For more information on widows, visit our website page for widows by going to investedwithyou.com.
    On upcoming podcasts, Kathleen will talk about the three stages of widowhood- Grief, Growth, and Grace, so be sure to subscribe by clicking here.
    Kathleen Rehl Bio
    Kathleen M. Rehl, Ph.D., CFP®, CeFT® wrote the multi-award-winning book, Moving Forward on Your Own: A Financial Guidebook for Widows. Experiencing widowhood herself, Dr. Rehl empowers widows financially™ and inspires their advisors. Her work has been featured in the New York Times, Wall Street Journal, AARP Bulletin, CNBC, USA Today, U.S. News & World Report, Journal of Financial Service Professionals, Journal of Financial Planning, and other publications. Rehl owned a financial planning firm for 17 years before retiring to her “encore” career. She walks an hour daily, practices yoga, enjoys art and music festivals, writes poetry and makes art, loves her grandsons . . . and continues to evolve on her journey.
     
    6 min
  • Hope and Opportunities for the Retail Investor

    On today’s Intelligent Money Minute, we’ll interview Larry Swedroe on hope for the retail investor. Because retail investors tend to struggle to outperform, we want to ask Larry what opportunities […]

    The post Hope and Opportunities for the Retail Investor appeared first on Intelligent Investing.

    6 min

About Intelligent Money Minute

From the publisher's feed

Time is money, so invest in every minute. Learn how to save both time and money in these mercifully short podcasts. We minimize financial stress to maximize your life as Hans Blake, CFA, CPA hosts…