In this week's episode we will discuss a variety of timely investing financial planning topics, including:

1)   Supporting Kollel Kids And Retirement: A Difficult Puzzle To Solve

2)   Sir John Templeton four most dangerous words in investing

3)   The merits of T-Bills in retirement

4)   When is it appropriate to add private real estate investments to one’s portfolio for diversification purposes?

5)   Should I borrow money to invest in real estate deal?

6)   The impact on the market due to Trump’s new indictment.

7)   The merits of ATM syndication deal.

8)   What is the central bank trying to do with crypto?

9)   What should my son do with his internship money from this summer?

10) Given the high yield on cash, should I hold cash instead of bonds in my portfolio?

11) I did a cash out refinanced to invest in an opportunity. The deal never materialized. What should I do with this excess cash?

12) You do a lot of marketing: writing, webinars, podcasts, and other stuff. Where does your business come from? Do you have a breakdown?

Stay connected:

1) Signup for my monthly newsletter here: https://www.shenkmanwealth.com/newsletter

2) Questions? Comments? Reach out to [email protected]

3) My recent articles: https://www.shenkmanwealth.com/articles

4) My recent videos: https://www.shenkmanwealth.com/videos

5) Follow me on Instagram/Twitter/YouTube @ShenkmanOnMoney 

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This week we’re going “IN FOCUS” where we explore more advanced wealth planning topics. Today we will discuss “Taxation of Cryptocurrency, NFTs, and Decentralized Finance.” Featuring:

Matthew E. Rappaport, Esq., LL.M., Vice Managing Partner - Chair of Taxation and Private Client Groups, Falcon Rappaport & Berkman PLLC

By way of background, the launch of Bitcoin in early 2009 seemed at the time like a blip on the world’s radar screen. For those who weren’t fervent early adopters of the digital medium of exchange, the concept was hard to understand and even harder to use. Today, the world of blockchain technology has evolved to include cryptocurrencies like Bitcoin, Ether, non-fungible tokens, decentralized finance, decentralized autonomous organizations (DAOs), and the various Metaverses in corners of the Internet large and small. This presentation will focus on resolved and unresolved tax aspects of these Web3 concepts.

Staying connected:

1) Signup for my monthly newsletter here: https://www.shenkmanwealth.com/newsletter

2) Questions? Comments? Reach out to [email protected]

3) Follow me on Instagram/Twitter/YouTube @ShenkmanOnMoney 

Disclaimer: Neither Shenkman Wealth Management, Kestra Investment Services, nor Kestra Advisory Services offer transactions in Bitcoin or other cryptocurrencies. Federal agencies that have published advisory documents and more information related to the risks of virtual currency that investors should consider include: the SEC’s Investor Alert, FINRA’s Investor Alert. CFTC’s Customer Advisory, and the CFPB’s Consumer Advisory.

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***Request from Jonathan: If you enjoy this show, please rate it on your podcast platform. It will help other personal finance enthusiasts find the podcast. The more people that listen, the more helpful feedback I receive and it allows me continuously improve the show. Thank you!***

In this week's episode we will discuss a variety of timely investing financial planning topics, including:

1)   A Frum Person’s Perspective on Dave Ramsey’s Seven Baby Steps

2)   Warren Buffett on inheritance and my thoughts on what it means for parenting in general.

3)   Should I believe a financial advisor who is showing me 10 years of outperformance?  

4)   The most important thing that will determine if you will be successful in reaching your retirement goals.

5)   What's the difference between a 401k and 403b?

6)   Should it be a red flag that my advisor is going to the beach regularly in the summer and not watching the markets?

7)   Moving from stock research to money management. Do the skills to succeed transfer?

8)   Do I need disability insurance and how much coverage is sufficient?

9)   Is it wrong to spend most of my retirement nest egg and leave nothing for my kids?

10)  Given the impending recession should I move to cash?

Stay connected:

1) Signup for my monthly newsletter here: https://www.shenkmanwealth.com/newsletter

2) Questions? Comments? Reach out to [email protected]

3) My recent articles: https://www.shenkmanwealth.com/articles

4) My recent videos: https://www.shenkmanwealth.com/videos

5) Follow me on Instagram/Twitter/YouTube @ShenkmanOnMoney

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This week we’re going “IN FOCUS” where we explore more advanced wealth planning topics. Today we will discuss “Financial Planning for Orthodox Jewish Families: There is Nothing Average About A Frum Lifestyle.” Featuring:

Jonathan I. Shenkman, AIF®, President at Shenkman Wealth Management

Today’s episode will discuss financial planning for Orthodox Jewish families.

By way of background, the financial planning process is unique for every individual, This is particularly true when it comes to estate and charitable planning for Orthodox Jewish families who have a unique set of familial, religious, and social circumstances.

Orthodox Judaism advocates a strict observance of “halacha” or Jewish law. Key practices include observing the Sabbath from Friday night to Saturday night and eating kosher food. In the Orthodox community, money plays an important part in ensuring that families can maintain their religious and cultural lifestyle as well as pass on traditions to the next generation.

It’s important to plan with these nuances in mind. This program will dive into many of these topics, themes and offer practical solutions.

Staying connected:

1) Signup for my monthly newsletter here: https://www.shenkmanwealth.com/newsletter

2) Questions? Comments? Reach out to [email protected]

3) Follow me on Instagram/Twitter/YouTube @ShenkmanOnMoney 

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In this week's episode we will discuss a variety of timely investing financial planning topics, including:

1)     7 Ways to Build Your Human Capital

2)     Mark Twain on getting ahead

3)     Is it ever financially prudent to get premium gas?

4)     What's the optimal amount of times a year to do a portfolio rebalance?

5)     What's the optimal amount of times a year to do a portfolio review with your advisor?

6)     How can a stay at home spouse create their own retirement account?

7)     Can I contribute money I won in a lawsuit settlement towards a retirement account?

8)     How are UTMA accounts taxed?

9)     What do I do with my solo 401k if I moved to a new employer with a 401(k)?

10)  What’s the best way to contribute to my husband and my IRA accounts?

11)  Should I incur credit card debt to pay Yeshiva tuition?

12)  My target date fund does a lot worse than SPY. Should I just move to an index fund for my 403(b)?

13)  I’m toying with the idea of working with a financial advisor. What is your personal sales pitch?

Stay connected:

1) Signup for my monthly newsletter here: https://www.shenkmanwealth.com/newsletter

2) Questions? Comments? Reach out to [email protected]

3) My recent articles: https://www.shenkmanwealth.com/articles

4) My recent videos: https://www.shenkmanwealth.com/videos

5) Follow me on Instagram/Twitter/YouTube @ShenkmanOnMoney 

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This week we’re going “IN FOCUS” where we explore more advanced wealth planning topics. Today we will discuss “Using Tax Insurance to Achieve Tax Certainty in Estate Planning and Wealth Management” featuring:

Daniel Berger, Esq., Senior Vice President, Head of Tax Insurance at Lockton Companies

Michael Saitta, Esq. Head of Tax Insurance for the Berkshire Hathaway Transactional Liability

Just By way of background, today’s episode will aim to cover four main areas: 1) Provide an overview of tax insurance to explain what it is and how it works. 2) Discuss how tax insurance is used in the wealth management and estate planning context. 3) Highlight recent developments in the tax insurance market. 4) Describe the process for obtaining tax insurance.

Staying connected:

1) Signup for my monthly newsletter here: https://www.shenkmanwealth.com/newsletter

2) Questions? Comments? Reach out to [email protected]

3) Follow me on Instagram/Twitter/YouTube @ShenkmanOnMoney 

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In this week's episode we will discuss a variety of timely investing financial planning topics, including:

1)     Why I’m proud to be an American Investor

2)     Benjamin Franklin on money

3)     Planning for a child with disabilities

4)     How to manage and invest a large lump sum of cash?

5)     Taking social security in Israel

6)     Who is an HSA account ideal for?

7)     Why own international stocks when the US historically has outperformed on average?

8)     What’s the best investment?

9)     Planning for same-sex female couple

10)  How do I catch the next hot invest to earn high returns?

11)  Should I move money out of my 401(k) to invest in high returning real estate opportunity?

12)  How do we solve the inequality problem in the United States?

Stay connected:

1) Signup for my monthly newsletter here: https://www.shenkmanwealth.com/newsletter

2) Questions? Comments? Reach out to [email protected]

3) My recent articles: https://www.shenkmanwealth.com/articles

4) My recent videos: https://www.shenkmanwealth.com/videos

5) Follow me on Instagram/Twitter/YouTube @ShenkmanOnMoney 

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This week we’re going “IN FOCUS” where we explore more advanced wealth planning topics. Today we will discuss “Ten Timeless Investing Principles and How They Apply in Today’s Market” featuring:

Jonathan I. Shenkman, AIF®, President, Shenkman Wealth Management

Just By way of background, a judicious investment strategy incorporates timeless investment principles, many of which have become clichés over the years. These investment truths not only help ensure that investors are on track to achieve their financial objectives, they also keep them out of trouble by attempting to avoid financial missteps. Given the challenges in today’s market and economy, now is a wonderful opportunity to revisit these principles, as many investors are searching for guidance during these tumultuous times.

***I want to say thank you to my listeners! This is my 10th episode and I read somewhere that 99% of all podcasts don’t make it to the 10th episode. So, thank you to my listeners for the overwhelming support and I hope to continue producing weekly personal finance content for my audience for the foreseeable future. Additionally, if you have a friend or colleague who would benefit from this podcast, please share it and rate the show. It will help others find the show, as well.***

Staying connected:

1) Signup for my monthly newsletter here: https://www.shenkmanwealth.com/newsletter

2) Questions? Comments? Reach out to [email protected]

3) Follow me on Instagram/Twitter/YouTube @ShenkmanOnMoney

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In this week's episode we will discuss a variety of timely investing financial planning topics, including:

1)     Laid Off Before You’re Ready To Retire? What To Do Now?

2)     Financial Planning Checklist For LGBTQ Families

3)     Will artificial intelligence allow investors to achieve outsized returns?

4)     What strategy will make me “ungodly rich?”

5)     Why invest in the market when money market yields so high?

6)     Using a 529 College Savings account abroad

7)     Having grandparents open 529 college savings account for FAFSA purposes

8)     Should I overweight international stocks given the country’s political challenges?

9)     Downside of UTMA accounts

10) Roth vs Traditional IRAs: When to use one over the other

11) Best way to save side hustle income

Stay connected:

1) Signup for my monthly newsletter here: https://www.shenkmanwealth.com/newsletter

2) Questions? Comments? Reach out to [email protected]

3) My recent articles: https://www.shenkmanwealth.com/articles

4) My recent videos: https://www.shenkmanwealth.com/videos

5) Follow me on Instagram/Twitter/YouTube @ShenkmanOnMoney 

Hosted on Acast. See acast.com/privacy for more information.

This week we’re going “IN FOCUS” where we explore more advanced wealth planning topics. Today we will discuss "Private Foundations: The 5 deadly sins (or excises taxes)” featuring:

Andrew S. Katzenberg, Esq., LL.M., Partner, ArentFox Schiff

By way of background, a private foundation is a type of charitable organization that is typically established by a high-net-worth individual, family or corporation to support charitable activities.

Private foundations must be run properly otherwise they may face adverse taxes. There are 5 excise taxes unique to private foundations which could result in crippling taxes which would shutter any foundations doors. This webinar will cover the rules, their application, the exceptions to the rules and the penalties associated with them.

Staying connected:

1) Signup for my monthly newsletter here: https://www.shenkmanwealth.com/newsletter

2) Questions? Comments? Reach out to [email protected]

3) Follow me on Instagram/Twitter/YouTube @ShenkmanOnMoney 

Hosted on Acast. See acast.com/privacy for more information.