The Money Alchemist Podcast

Surviving Holiday Dinner Conversations


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This Week's Agenda:
  • What’s happening 10 min 
    • 50 year mortgage idea announced to unpopular fanfare 
    • Bitcoin down 35% from highs, down 5% on the year.  Crypto markets erase over $1.1T in market cap. 
    • Government shutdown hits 43 days, ended when House of Reps passed a continuing resolution that would make it through the Senate. 
    • No BLS jobs data ever for period.  
    • Michael Burry announcing major AI short on Palantir and NVDIA then closes hedge fund shortly thereafter 
    • Topic de jour - top financial questions to bring up at Thanksgiving
      • What investment should I buy?
      • I need to reduce my taxes, how are all people doing this?
      • The stock market is rigged, why should I bother?
      • I hate the mortgage debt/payment and just want to pay it off, why shouldn’t I do that?
      • My advisor has been recommending annuities, is that a good idea?  
      • My friend/acquaintance has made so much money trading, where should I start?
      • TikTocker/YouTuber says we’ve peaked.  Time to get out, the crash is coming. 
      • The housing market is going to crash, terrible time to buy. 
      • The US debt ($38T) is too great and the American dollar is going to collapse.  I’m buying gold.  Prove me wrong. 
      • What about this AI bubble?  What’s that about? 
      • Listener Q&A - 
        • I’ve maxed out my 401(k) by summer and was told I might be missing out on company match.  Will I continue to get a company match?
        • Tip of the week

          Learn how to login to your payroll portal and figure out split deposits

          https://www.auctionzip.com/

          https://simplelogin.io/ 

           

          _______

           

          About your Hosts 

           

          Ben Jones, CFP® 

          Managing Director, National Wealth Management Group 

          www.nwmgadvisors.com  

          Sign up for Ben’s newsletter at www.karastick.com  

          Follow him on X @thekaratstick 

          https://www.linkedin.com/in/ben-nwmg/ 

            __

          Brent Gargano, CFP®

          Founder & Advisor, Infinite Wealth Planning  

          www.infinitewealthplanning.com 

          linkedin.com/in/brent-gargano-cfp®-2067b573 

          Join Brent's Monthly Newsletter:

          https://40221980.hs-sites.com/join-infinite-wealth-plannings-newsletter

          Comments or questions?  Email us at [email protected] 

           

          ___________________

           

          Editor:

           

          Trevor Gargano (The Digital QB)

          LinkedIn: https://www.linkedin.com/in/trevor-gargano-72727b67/

          Website: TheDigitalQuarterback.com

           

          ____________________________

           

          Follow our socials to support the podcast; see extra clips and announcements!

           

          Instagram: https://www.instagram.com/moneyalchemistpod/

          X: https://twitter.com/moneyalchpod 

          Facebook: https://www.facebook.com/profile.php?id=61556458987483

            

          Disclosure: 

           

          Investment advice offered through National Wealth Management Group, LLC. 

          All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

          The information presented is for educational and informational purposes only and is not intended as a recommendation or specific advice.

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          The Money Alchemist PodcastBy Ben Jones & Brent Gargano

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