Real Money Pros

Last week, Social Security gave a 8.7% increase in benefits for the year 2023. It will add on at least $140 per month, in other words, one tank of gas for your truck. Nic goes ever the updated maximum taxable earnings, exemptions, benefits, and more. Rand Paul’s 2021 Festivus Report shows us just how much money the U.S. government wasted – so is there a better way to supplement our Social Security shortage? And don’t forget – it’s Roth Conversion season!

Sources:

https://blog.ssa.gov/social-security-benefits-increase-in-2023/

https://www.ssa.gov/news/press/factsheets/colafacts2023.pdf

https://www.heritage.org/taxes/commentary/1-chart-how-much-the-rich-pay-taxes

https://www.paul.senate.gov/sites/default/files/page-attachments/Festivus%20Report%202021_0.pdf

Host:

Nic Daniels BFA™, Financial Advisor

Find Us:

https://www.therealmoneypros.com

https://www.treecityadvisors.com

Jeanine Barkan, a colleague and business exiting expert, joins Kent for a second episode to answer the question: Where do I start? She explains the important of businesses performing a SWOT analysis, keeping important documents within reach, and other factors that determine the market value of your business. Name rebranding and more. Stay tuned for part three with Jeanine!

Guest:

Jeanine Barkan, CVA, CEPA

https://www.myexitus.com/services

Host:

Kent Owings AWMA®, Wealth Advisor

Find Us:

https://www.therealmoneypros.com

https://www.treecityadvisors.com

Bonds have been hit hard this year. We’ve been battling inflation and other market uncertainty–Brian and Jeremiah explain bonds, why they’ve taken a beating, and how their secondary markets operate. Stealth inflation, RMDs, and much more. Have questions? Find us on our website and use the “Ask the Experts” feature to get in contact with our advisors. For free!

Hosts:

Brian Wiley, Financial Advisor

Jeremiah Bates, Financial Advisor

Find Us:

https://www.therealmoneypros.com

https://www.treecityadvisors.com

Many business owners will have to experience a business exit at some point in their career. While an exit may seem as easy as just – well, exiting – many entrepreneurs will find that they missed out on the ability to choose. Jeanine Barkan, a professional partner of our advisory firm, joins Kent to explain how her company, Exitus, helps business owners make that next step. Are you looking to sell your business? Follow along in the coming weeks to hear more about Jeanine and how companies like hers can help.

Guest:

Jeanine Barkan, CVA, CEPA

https://www.myexitus.com/services

Host:

Kent Owings, AWMA®, Wealth Advisor

Find Us:

https://www.therealmoneypros.com

https://www.treecityadvisors.com

Are your gold and silver investments not holding up like you thought they would? Brian and Alex talk about the steady value of the U.S. dollar and what it means to have a fiat currency. The stock market is looking less than beautiful, but does it really mean your investments have lost money? Alex explains realized vs. unrealized gains and losses. Finally, when it comes to investing, is it something you’re willing to do on your own or are you better off paying someone to take that risk for you?

Hosts:

Brian Wiley, Financial Advisor

Alexandra Lundgren AIF®, Financial Advisor

Find Us:

https://www.therealmoneypros.com

https://www.treecityadvisors.com

If a school said that you’d be paying around $28,000 in tuition, you’d probably re-think signing those admission papers. Colleges around the nation are seeing a drop in registration numbers – but is it really THAT surprising? Free-market environmentalism, midterm elections, and a drop in the unemployment rate.

Resources:

https://www.aier.org/article/free-market-environmentalism-is-working-in-montana/

https://www.forbes.com/sites/michaelcannivet/2022/10/02/the-stock-market-has-risen-after-every-midterm-election-since-1950/?sh=17c654687c48

https://www.cnbc.com/2022/10/05/colleges-struggle-with-enrollment-declines-underfunding-post-covid.html

https://www.cnbc.com/2022/10/06/apartment-demand-fell-during-busiest-renting-season-realpage-report-says.html

https://www.cnbc.com/2022/10/07/jobs-report-september-2022.html

Host:

Nic Daniels BFA™, Financial Advisor

Find Us:

https://www.therealmoneypros.com

https://www.treecityadvisors.com

The founder of a local business consulting firm, Jake Blanchard, gives up some time to hang out with Kent to give his ideas on how business owners can take this upcoming recession head-on. Jake is a business strategy consultant and an avid podcaster here in the Boise Metro area – and a long-time acquaintance of Kent's. He shares his experiences as a consultant and gives his thoughts on what business owners and entrepreneurs should be looking at right now to make sure their business makes it through difficult times. When everyone else is fearful, get BOLD!

Guest:

Jake Blanchard, Strategy Consultant & Podcaster

https://www.jakeblanchard.com

https://deltaplife.com

Jake's Podcast: https://bit.ly/3EdSNHq

Host:

Kent Owings AWMA®, Wealth Advisor

Find Us:

https://www.therealmoneypros.com

https://www.treecityadvisors.com

This special show includes two fellow professionals and friends that our advisors have grown relationships with, each with their own area of expertise. In the first hour, Dave Perry joins Brian and Nic to give insight on the overall landscape of the real estate market. Buying with rising interest rates, current home prices, and reverse mortgages. "Marry the house, date the rate!" John McClure, the President and CIO of ProfitScore, gives us his background in risk management and the importance of investing correctly. What you should change and the future of our current recession.

Guests:

Dave Perry, Branch Manager, Academy Mortgage

https://academymortgage.com/about-us/team/daveperry

John McClure, President & CIO, ProfitScore

https://profitscore.com/team.php

Hosts:

Brian Wiley, Financial Advisor

Kent Owings AWMA®, Wealth Advisor

Find Us:

https://www.therealmoneypros.com

https://www.treecityadvisors.com

Talks around China usually have a fearful and uneasy undertone, mostly because the country has been seen as a threat to the United States in recent decades. But are they as big of a threat as we've been told? Especially in terms of their economic stability, we're not sure they can even handle their own. Nic discusses real estate, trade, and politics within China and how he thinks the future of their economy will unfold.

Host:

Nic Daniels BFA™, Financial Advisor

Find Us:

https://www.therealmoneypros.com

https://www.treecityadvisors.com

The trend is your friend. Well, sometimes – but looking at what the stock market has done in the past can teach us some very valuable lessons about how to invest today. Nic shows why now would be the worst time to pull out your investment dollars. Since World War II, there have been five significant bear markets. Each having something in common with the others... Is this trend showing us that we're on the brink of recovery?

Host:

Nic Daniels BFA™, Financial Advisor

Find Us:

https://www.therealmoneypros.com

https://www.treecityadvisors.com