Pivot with Darryl Lyons

How do you prevent your kids from becoming spoiled, especially when they grow up in a vastly different financial landscape than you did?

In today's episode of Retire in Texas, Darryl Lyons explores the philosophical nature of this inquiry, sharing his own experiences and drawing wisdom from a diverse range of sources. Plus, he dives into key takeaways from the book 'Make Your Kid a Money Genius, Even If You're Not' by Beth Kobliner, offering practical insights for parents and grandparents alike.

Some of the topics discussed include:

• Why preventing your kids from being spoiled is more philosophical than mathematical.
• 18 salient points on how to successfully educate your children on the value of money.
• The importance of storytelling, not lecturing, in financial education.
• Discussing the fear of investing among young people.

If you enjoyed today's episode, make sure to share it with your friends and family!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

If you are thinking about hiring a financial services firm, it is imperative to consider how that firm's values align with your own.

In today's episode of Retire in Texas, Darryl Lyons explores essential considerations when choosing a financial institution, diving into topics ranging from aligning your investments with Judeo-Christian values to legacy planning and the biblical perspective on retirement.

Some key discussion points include:

• How to approach financial discussions through a biblical worldview.
• A breakdown of eight considerations to evaluate when hiring a financial services firm.
• A challenge to the conventional view of retirement, emphasizing that from a biblical perspective, retirement should not be viewed as the disposal of an asset but rather as a transition to a different purpose.
• The importance of financial institutions being open to Christian health insurance alternatives.

If you enjoyed today's episode, be sure to share it with your friends and family!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. "Like" is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

Last week, the market went up 5%, yet the headlines in our inboxes were still creating stomach-churning anxiety about how the market was on the verge of collapsing. It remains as crucial as ever to ignore the noise when making decisions regarding your financial portfolio.

In this week’s episode of Retire in Texas, Darryl Lyons, CEO of PAX Financial Group, navigates the complexities of market volatility, introduces the art of 'hacking' life and finances, and delves into the strategic realm of 'hedging’ by exploring the unique role of annuities as a powerful tool in wealth management.

Show highlights include:

*The importance of choosing a specific strategy to navigate market noise.

*A breakdown of hacking and hedging, and why these are strategies that you should be discussing with your financial advisor.

*Why annuities are a viable strategy for those who are looking to hedge the market.

If you enjoyed today’s episode, leave a comment and share the show with a friend!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

It's crucial to consider a long-term perspective and consult with financial advisors for guidance, especially in times of market uncertainty. Many investors follow the herd mentality and are susceptible to making spontaneous investment decisions based on emotion.

Today’s episode of Retire in Texas aims to break this herd mentality, and dives deep into the intricacies of market sentiment, financial planning, and investment strategies you should be considering during market uncertainty.

Some of the topics discussed include: 

• Why market sentiment is currently pessimistic, with various indicators pointing to bearish signals, and how a major cause of this is that many investors tend to follow the herd mentality.
• A breakdown of the ongoing economic transition and the uncertainty it creates.
• Emphasizing the potential benefits of bonds as an investment option, especially for retirees or those seeking alternatives to stocks.
• Why you need to avoid making knee-jerk emotional decisions and to consult with financial advisors for thoughtful, logical investment strategies.

If you enjoyed today’s episode, make sure to share it with your friends and family!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

2022 was the worst performing year for the 60-40 investing strategy since 1937.

Even though this may be cause for concern, it is crucial to not abandon a financial strategy after one down year, especially when that strategy holds as strong of a historical trend as the 60-40 rule has.

Today’s episode of Retire in Texas breaks down exactly what the downward market trends from last year mean to investors, and what you should be on the lookout for going forward.

Some of the topics discussed include: 

• The breakdown of a 60-40 investing portfolio.
• Some of the challenges facing the 60-40 strategy.
• Why it is so important to not abandon a strategy based on one bad year.
• Potential reasons for minor modifications to the 60-40 strategy.

If you enjoyed today’s episode, share it with your friends and family!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

Welcome to the 100th episode of Retire in Texas! 

In this special milestone edition, Darryl Lyons reflects on the incredible journey of the Retire in Texas podcast and expresses his gratitude to his loyal listeners.

Additionally, this episode delves into an important topic, framed in the context of the upcoming 2024 political ads, which are expected to be fueled by fear and emotion.

Some of the topics discussed include: 

• A discussion of what is to come with regards to political advertisements surrounding the upcoming 2024 Presidential Election.
• An in-depth explanation of the four pillars of success.
• What you should be thinking about to ensure you are making informed, logical decisions that aren’t fueled by emotion.
• The value you can find in taking calculated risks.

If you enjoyed today’s special episode, be sure to share it with your friends and family!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

For families with special needs children, creating a Special Needs Trust or an Able Account helps ensure that they can continue to receive necessary public benefits and support, even if their parents are no longer able to care for them. 

In this week’s episode of Retire in Texas, Darryl Lyons welcomes David Alvarez onto the show. David is a partner of PAX Financial Group and has a deep understanding of the financial advice world. 

Some of today’s topics discussed include: 

-Highlighting the importance of special needs planning and the need to make legal and financial preparations for their future.

-A breakdown of Special Needs Trusts and what benefits it can offer for a variety of different circumstances.

-What Able Accounts are, and why they are a more cost-effective way to save for the future of special needs children compared to setting up a Special Needs Trust.

-Emphasizing the importance of communication within the family regarding long-term planning.

If you enjoyed today’s episode, make sure to share it with a friend or loved one!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

“But the worries of this life, the deceitfulness of wealth and the desires for other things come in and choke the word, making it unfruitful” (Mark 4:19). 

At the beginning of October, the marketplace enters its fourth quarter, and many people are hoping to see improvements, especially from that of the previous third quarter. 

In today’s episode, Darryl Lyons addresses Q3 concerns and reviews external factors that have had their chokehold on the market and its ability to thrive, offering insight into what the future may hold and how we can deal with it.  

This week’s highlights include: 

• A review of the third quarter market and its impact on financial portfolios. 
• The impact of rising interest rates on the stock and bond markets. 
• What a statement risk is and how to avoid it. 
• An overview of structured products and how they provide a degree of risk management. 

If you enjoyed listening to today’s episode, be sure to share it with a friend or family member! 

Texas has four of the nation’s largest metropolitan areas, with two of them being in the top five, and this number is exponentially greater than it was just a few short decades ago. With this rapid growth, it is time for Texas to start attracting young workers all over the state so that these metropolitan areas can boom like they are capable of. 

In this week’s edition of Retire in Texas, Darryl Lyons discusses everything you need to know about the current economy of Texas, where it is headed, and what we can be done to ensure the State’s future pans out like it should.

Some of the show’s highlights include: 

• The impact of immigration and overpopulation on Texas’ resources.
• Suburban population density and how Texas’ infrastructure will need to be upgraded to handle the growth.
• The challenges that these growing urban communities are facing with attracting young workers.
• A breakdown of some of the pressing issues that Texans will face with finite resources that comes naturally with exponential growth. 
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Let us know what you think of today’s episode by sharing this podcast with someone that loves Texas just as much as you do!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.

Since the beginning of 2023, there have been over 1,000 IPOs in the United States alone. 

In this week’s edition of Retire in Texas, Darryl Lyons discusses everything you need to know about IPOs, and why they are crucial to both the American economy, and the global economy. 

Highlights of the episode include: 

• An explanation of what an IPO is.
• The relationship between IPOs and small businesses across the nation.
• How IPOs serve as an indicator of which countries have strong financial foundations.
• Why IPOs may prove strategically important to a financial portfolio.

Let us know what you thought of today’s episode by leaving a comment and sharing the podcast with a friend!

Disclaimer: Clicking the Like button does not constitute a testimonial for, recommendation or endorsement of our advisory firm, any associated person, or our services. Clicking the Like button is merely a mechanism to circulate our social media page. “Like” is not meant in the traditional sense. In addition, postings must refrain from recommending us or providing testimonials for our firm.