The time for year-end tax and estate planning is now, and this year it’s particularly important to get started as certain provisions from the Tax Cuts and Jobs Act will end soon. Plancorp’s Susan Jones, JD, CFP joins the show to explain these important planning opportunities that deserve your attention before the end of the year.

Listen now and learn:

• The role tax projections play in long-term financial planning
• Multi-year planning opportunities for retirees, people with stock options, and business owners
• Potential impact of changing tax laws on the horizon

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Live from Future Proof, the world’s largest wealth festival, Meir Statman talks about the evolution of behavioral finance and how the latest generation of behavioral finance focuses on holistic well-being.

Listen now and learn:

• The three generations of behavioral finance

• The difference between “errors” and “wants”

• The tradeoffs between a financially optimal and behaviorally optimal portfolio

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Concentrated stock positions typically emerge through employee compensation, inheritance, or a singularly successful investment. But in all cases, a large individual stock position introduces unnecessary risk to your portfolio.

Listen now and learn:

• Why investors tend to avoid diversifying concentrated stock positions 
• Four ways to diversify concentrated stock positions
• How SMAs supercharge tax loss harvesting efforts to offset capital gains
• When more advanced strategies such as exchange funds or option collars are best

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

When you plan to invest a large amount of money, you probably want to know when it’s best to invest that cash. Should you invest it all at once or dollar cost average over time?

Listen now and learn:

• Historical probabilities of positive market returns
• How markets perform after reaching all-time highs
• Eye-opening results from a multi-decade study on market timing

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Jesse Cramer, author of The Best Interest, joins the show to share his in-depth research into the astounding math behind car ownership.

Listen now and learn:

• How to evaluate the impact of time owned vs miles driven
• When purchasing a used car is smarter than buying a new car
• How leasing compares to owning from a cost perspective

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

The Federal Reserve recently unveiled a new payments system called FedNow that would replace the United State’s antiquated system created more than 50 years ago. But like anything else, change can cause anxiety and there is a lot of false information floating around making matters worse. 

Listen now and learn:

• The basics of the FedNow system 
• How FedNow is different from digital currency
• Why Fed should be viewed as a good thing for everyone

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

In the second episode of a series about student loan debt, I’m joined by Tyler Olson, who provides financial advice and education for early and mid-career physicians. 

Listen now and learn:

• How to choose the right repayment plan
• When to refinance vs consolidate loans
• Differences in debt snow and debt avalanche approaches 

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Cait Howerton, CFP® shares her deep expertise in student loans and provides a broad overview on strategies for paying them off. 

Listen now and learn:

• Challenges high-earning professionals with student loans face
• Strategies for managing student debt during low and high earning years
• How to manage lifestyle creep

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

John Jennings, author of The Uncertainty Solution joins the show to explain how to invest with confidence in inherently uncertain and unpredictable markets.

Listen now and learn:

• How humans react to uncertainty
• The difference between the economy and the stock market
• The role of skill and luck in investing outcomes

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Building the perfect portfolio doesn’t matter one bit if it doesn’t align with your willingness and ability to take risk. Evaluating your own risk tolerance is difficult for individuals because of the emotions that are intertwined with investing. 

Listen now and learn:

• The difference between ability and willingness to take risk
• Factors that drive an investor’s risk tolerance
• How to choose the right asset allocation based on your risk tolerance

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.