Minds Over Money

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [14:27] And this week’s financial planning topic is Don’t Be Tempted: Disciplined Investors Will Be Rewarded. 🤑

📒 [0:47] The first headline, “U.S. Economy Grows Moderately Amid High Inflation and Ukraine Invasion”, is an article that explores the details of the first quarter of 2022’s Beige Book report from the Fed and what lies ahead for the economy.

📺 [3:46] The second headline, “Netflix’s Password Crackdown is Coming”, discusses how Netflix is exploring ways to monetize password moochers after its first quarter of losing subscribers and missing its earnings expectations.

🌞 [8:12] Our final headline, “A Different Kind of Solar Power Attracts Attention”, is a deep dive into how startups, universities, and governments are looking into concentrated solar-thermal power as an alternative to traditional solar power from panels and legacy fossil fuels.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [11:31] And this week’s financial planning topic is Get Ready for Higher Prices. 💸

📈 [0:47] The first headline, “How to Adjust Your Brain for 8.5% Inflation”, is an article that explores how consumers can help adjust their financial behavior to get used to higher prices on everyday purchases due to inflation.

💳 [3:44] The second headline, “Credit Card Spending Belies Consumer’s Glum View of the Economy”, discusses how despite consumers vocalizing their negative outlook on the economy their spending habits are telling a different story.

☢️ [6:21] Our final headline, “Utilities Want to Convert Coal Plants to Nuclear, but Skeptics Abound”, is a deep dive into how governments, utility companies, and startups are pursuing the possibilities of converting legacy coal-fired power plants to nuclear ones using small modular nuclear reactors or SMRs.

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [12:11] And this week’s financial planning topic is Everyone Has a ‘Plan’. 🥊

🚗 [0:47] The first headline, “Looking to Buy an EV, Better Get on a Waitlist”, is an article that explores how electric car manufacturers are utilizing waitlists to better gauge consumer interests and build buzz around their new models.

💵 [4:15] The second headline, “Crypto Like Digital Dollar at Least Several Years Away”, discusses how the federal government has been researching the benefits and obstacles of creating a digital U.S. dollar.

📈 [7:20] Our final headline, “Economists Seek Recession Clues in the Yield Curve”, is a deep dive into a slump signal that has been used to intuit future recessions, the inverted yield curve, and how the fed is watching these indicators with regards to interest rate movements.

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [16:16] And this week’s financial planning topic is You Have Questions We Have Answers. 🤔

🛒 [0:47] The first headline, “With Inflation Not Letting Up, Shoppers Cut Back on Staples”, is an article that explores how inflation is starting to affect U.S. consumers’ shopping habits by cutting back on pandemic “luxuries” for private label necessities due to price increases.

🔒 [4:50] The second headline, “You Need Two Factor Authentication, but Some Types are Safer Than Others”, discusses how two-factor authentication is the most secure way to protect your online information but there are security trade-offs between the 3 different types.

🤝 [10:40] Our final headline, “401(k) Savings Plans Get a Boost in Bipartisan Retirement Bill”, is a deep dive into a recently passed bill from the House of Representatives proposing new regulations to retirement plans that hope to spur more retirement savings as well as changes to required distributions and catchup savings rules.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [17:21] And this week’s financial planning topic is Recalculate Your path. 🗺️🧭

⛽ [0:44] The first headline, “Gas Prices Shoot Up at Fastest Rate on Record”, is an article that explores how normal gasoline prices have risen at the fastest rate on record drawing similarities to the 1980s.

💸 [4:26] The second headline, “Capital Spending Boom Helps Raise Productivity and Contain Costs”, discusses how the capital spending boom in the past 2 years is helping raise employee productivity as well as containing inflationary pressures.

🕸️ [8:09] Our final headline, “Supply Chains Become Supply Webs”, is a deep dive into how the pandemic, geopolitical events, and natural disasters have plagued supply chains over the last few years and how some companies and governments are attempting to strengthen supply networks globally.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [14:24] And this week’s financial planning topic is Goals Without Deadlines Are Just Dreams. ✔️

📱 [0:42] The first headline, “Beware of QR Code Scams”, is an article that explores how malicious scam artists are utilizing the QR codes that seem to be everywhere since the start of the pandemic to phish for unsuspecting users’ personal information.

⛱️ [5:33] The second headline, “Part-Time Retirement Programs Are on the Rise”, discusses how some companies are utilizing phased retirement programs to help employees transition into retirement with part-time pay and full-time benefits to help onboard their replacements.

📈 [9:32] Our final headline, “What the Fed Interest Rate Increase Means for You”, is a deep dive into how the recent increase in the federal funds rate will affect every American household from the ways we borrow money to the ways we save.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [13:33] And this week’s financial planning topic is Cover the Basics - Why Worry About Investment Performance When You Don't Have the Basics Covered? 📝

🪙 [0:45] The first headline, “Will Financial Stability Get Nickel and Dimed”, is an article that explores how the steep increase in Nickel and other commodity prices due to the war in Ukraine is threatening the global financial stability and draw eerie similarities to price disparities of mortgage-backed securities from 2008.

📈 [4:18] The second headline, “Why Your Electric Bill is Soaring – And Likely to go Higher”, discusses how the current global supply shortage of natural gas, exacerbated by the war in Ukraine, is causing higher home heating and electricity bills for may American households and are likely to go higher still.

📱 [7:11] Our final headline, “How to Find the Best Trade-In Deals for Your Old iPhone or Android Phone”, is a deep dive into how you can find the best trade-in deal for an old device and pocket some cash for date night.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [16:54] And this week’s financial planning topic is Full Value - How to Get the Most Out of Your Financial Plan. 💰

📈 [0:50] The first headline, “Strong Hiring, Low Unemployment Point to Economy Making Post Pandemic Pivot”, is an article that explores how strong hiring and low unemployment are helping the economy make its post-pandemic pivot, but new threats have emerged like the invasion of Ukraine and rising interest rates.

🔮 [6:52] The second headline, “Will Inflation Fall? Any Pullback Depends on These Sectors”, discusses how current inflationary pressures hinge on a select few sectors that could provide insight into where inflation will go next.

🌊 [12:11] Our final headline, “Using the Ocean’s Power to Fight Climate Change”, is a deep dive into how some scientists and entrepreneurs are researching and testing new ways to combat climate change by reducing atmospheric CO2 using the ocean and marine plankton.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [15:12] And this week’s financial planning topic is The Secret to Success in Retirement. 💯

🚗 [0:44] The first headline, “Renting a Car is Still Going to Be Hard This Summer”, is an article that explores how the rental car shortage from 2021 is likely to continue this year as more Americans look to travel in the spring and summer and the micro-chip shortage persists.

🛢️ [4:32] The second headline, “Oil Price Surge Threatens U.S. Growth”, discusses how the current surge in oil prices, due to supply issues and the invasion of Ukraine, are potentially going to sap growth from the U.S. economy as consumers spend more on gasoline and home heating instead of goods and services.

🪖 [9:28] Our final headline, “Car Parts, Chips, Sunflower Oil: War in Ukraine Threatens New Shortages”, is a deep dive into the various disruptions that have occurred due to Russia’s invasion of Ukraine. Everything from wire harnesses in cars, sunflower oil, and rare earth elements are being affected and supply chain issues are expected to intensify.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [13:35] And this week’s financial planning topic is Don’t Worry, Concentrate on What You Can Control in Retirement. 😟

💸 [0:52] The first headline, “Fiscal Stimulus is Turning into a Fiscal Drag”, is an article that explores how the fiscal stimulus that helped keep many businesses and consumers out of financial trouble during the first two years of the pandemic may start to hurt growth in the economy because the fiscal spigot is turning off.

🚆 [3:11] The second headline, “US Import Surge is Skipping the Train”, discusses how companies are resorting to using semi-trucks to move more and more of the imports coming into the country as opposed to the more traditional railroad options despite the higher cost. With rail becoming more unreliable due to supply chain bottlenecks semi-trucks are dominating intermodal transportation.

🪙 [6:10] Our final headline, “NFTs, Crypto, and Web3 are Multilevel Marketing Schemes for a New Generation”, is a deep dive into the world of blockchain technology and the various uses, tokens, coins, and inevitable scams.

Hope you enjoy it!