MONEY WITHOUT MATH

Kim Lear is a speaker, writer, researcher. She’s also the Founder and Content Director of Inlay Insights, a generational research firm. She describes generational theory as sitting at the intersection of history and culture, and points out that we talk about Baby Boomers, Gen Xers, Millennials, and Gen Z, we’re really discussing is change over time. In this episode, Kim helps us understand how these generational shifts may be the most human way of looking at changes that affect aspects of our lives including our money, marriages, wellness, and more. What does it mean to grow older today vs. 70 years ago? How have our expectations of marriage changed over the past 50 years? How has the parent-child dynamic changed? We discuss the trends she’s seeing with regards to how we live and work, and the best way to use these insights.

Whether in our personal lives or in a professional setting, difficult conversations are unavoidable. From money issues to breaking bad news or dealing with differences of opinion, some people are better than others at having these difficult conversations. What can we learn from them? Guest Dan Solin spent years researching studies in the fields of psychology and neuroscience and his findings reveal how we can make deeper connections and transform relationships. Dan is the New York Times bestselling author of the Smartest series of investing books. His latest book is “Ask: How to Relate to Anyone,” and in this episode we discuss the practical and immediately actionable ways you can improve communications, and the pitfalls to avoid.

It happens. It could be falling prey to a fraudulent investment scheme, or it could be your financial advisor or other trusted advisor running off with your life savings. Are there steps you can take to protect yourself in the first place? What happens if your worst nightmare comes true? David Meyer is the Managing Principal of Myer Wilson and the author of The Investor Protector.  He joins us to share lessons learned from 20+ years of pursuing investor claims so that you can be better informed, and protected, as an investor. David shares the red flags you need to look for when vetting an advisor, the types of fraud he frequently sees, and why he still believes there is value in working with a financial advisor.

Do you own a small to medium-sized business?  Have you noticed a decline in cash sales?  When is the last time you personally reviewed bank statements for all of your accounts?  These are just a few of the questions that Galina Guidry, President of ICAF Consulting, will ask during a consultation.  Galina has over 10 years of practical experience in performing operational assessments for various companies, with a focus on fraud prevention and education.  She shares personal stories that can help you identify different areas of risk in your business. 

One year ago, the financial markets faced extreme uncertainty in the face of the Coronavirus pandemic and the subsequent shutdowns. Today, the markets are reflecting an enthusiastic reopening, accompanied by a booming housing market and widespread inflation concerns. Gary Stringer, CFA, President and Chief Investment Officer of Stringer Asset Management, LLC joins us to recap where we’ve been, how the markets are behaving now, and where they may be headed in the near future. We discuss the equity markets, why you don’t want to write off fixed income, what you need to know about gold and other commodities, and his take on crypto. If you have been wondering if this is a good time to invest, this podcast is a must listen.

A solid network is an intangible and invaluable asset. Like a rainy-day fund, you never know when you might need it! But if you don’t tend to it, it won’t be there when you need it the most. Guest Dana Lawrence is a speaker and mindful leader who has realized the benefits of regularly investing in her network. We discuss the different looks and approaches to networking, how to overcome the “ick” factor, and tips for introverts. You’ll have a new framework for thinking about networking—and one that is centered on being authentic and genuine.

You’ve probably heard the phrase “sellers’ market” more than once lately in reference to the real estate market. What does this really mean? The real estate market is hot right now and Gabriella Morrell, Realtor with the Waldner Winters Team, discusses what that entails.  Gabriella shares considerations for both buyers and sellers, how each offer is truly unique, plus specific recommendations for first-time home buyers. We also discuss why For Sale By Owner isn’t always a money saver. If you have been thinking about buying or selling a home, take a listen!

It's no secret that sex and money often present challenges in a relationship. But are sex and money the real issues? Maybe, maybe not. Money alone can be difficult enough to discuss, and that’s before you layer on the many dynamics of a relationship.  Joining us to open up these issues is Dr. Joy Lere, a licensed clinical psychologist and behavioral finance consultant.  As Dr. Lere points out, “money is emotional currency, it is a feeling lightning rod,” and is strongly connected to feelings such as power, control, significance, and self-worth. Money often takes the relationship blame because it’s used as a vehicle to communicate other feelings in an adult game of “emotional show and tell.” Take a listen and learn how you can get on the same page as your partner when it comes to your money, your shared goals, your relationship.

The sale of a business is probably the largest and most significant transaction for a business owner. But it’s more than a transaction, and it’s more than just one moment; it’s a significant life transition. The failure to recognize and prepare for these moments before, during, and after the transaction are part of the reason why fewer than 30% of all businesses successfully transition to a new owner. Enter Denise Logan, The Seller Whisperer. She’s the best-selling author of The Seller’s Journey and she keeps people and deals from falling apart. With a background as a lawyer, social worker, and business owner, Denise is uniquely qualified to prepare business owners for the emotional process of selling a business. In this episode, we discuss why it’s so difficult to let go, and how owners can prepare for a successful transition. If you are a business owner, you don’t want to miss this episode!

In this episode Melissa Joy, CFP® is joined by Sarah Boston, CFP®, and Karen Coyne, CFP® to discuss the common attributes of their successful clients.  With over 50 years of combined experience helping clients build wealth, these three advisors have noted what actions or behaviors have helped their most successful clients.  We will discuss: 

• What does it mean to be “In action”?
• The ability to delay gratification with big purchase items
• Why not comparing yourself with others can help you build wealth
• How to use your Financial Advisor as a sounding board

Raymond James is not affiliated with and does not endorse the opinions or services of Sarah Boston or Bookends Financial Planning.  Podcast is for informational purposes only.  Opinions expressed are those of Karen Coyne and not those of RJFS or Raymond James. Securities offered through Raymond James Financial Services Inc. Member FINRA/SIPC Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Karen Coyne, Strategic Wealth Advisor located at 12920 Conamar Dr, Ste 202 Hagerstown MD 21742 Tel 301.739.7002