The Momentum Advisors Show

Seventy four percent of Americans have a financial regret. The biggest source of regret is inaction. When we don’t do something, we romanticize how much better our lives would have been had we chosen that direction. On today’s show, we will break down what causes (financial) regret and how to avoid this counterfactual emotion.

It is becoming more and more apparent that global warming is causing a rise in weather-related disasters. Less than a week after Climate Week, the annual gathering of experts discussing climate action, Hurricane Helene wreaked havoc all over the South. In the 1990s and 2000s, the US averaged just 8 storms per year that caused more than a billion dollars in damage(adjusted for inflation). Last year, there were 28. This week, we are breaking down the connection between the environment and the cost of insurance and real estate.

We are in the 3rd year of college (and high school) athletes being able to cash in on their Name, Image and Likeness (NIL) for endorsement deals. Total compensation to amateur athletes is currently around $1.67 billion and is expected to exceed $2.5 billion by 2026. Many student athletes are earning six and seven figure compensation as teenagers. On today’s show, we school you on the trends in college sports, and break down financial advice for the new crop of NIL Millionaires.

Sometimes the best laid plans in business simply don’t work out. Today, we tell the story of a family whose entrepreneurial journey isn’t going the way they expected and discuss ideas for turning the situation around. We will review ways to safeguard your business deals from the beginning and break down your options for moving on from a bad business.

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The truth about target date funds and other funds in your portfolio.

When most people hear the word “fund,” they have no idea what it means. Is it safe? Is it risky? A fund is nothing more than an empty brown paper bag. What matters most is what’s inside. On this week’s show we will teach you how to analyze funds and also introduce you to a new financial product called custom direct indexing.

We define financial self-esteem as the intersection between financial literacy and self-image. This concept impacts how you spend money and work towards your financial goals. On today’s show, we are breaking down this important construct and giving tips on how to improve your financial confidence.

We all loved watching the games. But what can we learn from the biggest competitive sporting event in the world? On today’s show, we will discuss the history of the Olympic Games, and break down some lessons in life, and money, that might get you your own gold medal one day.

Federal Reserve Chairman Jerome Powell is in the hot seat. The labor market is slowing down, the stock market is stumbling and interest rates are uncomfortably high. On this week’s show, we will break down why the Fed hasn’t cut interest rates just yet and preview why lower rates may be around the corner.

Also in this episode: Who is Jerome? What is the Fed? And how do they impact the economy.

With Americans changing jobs frequently, a staggering $1 trillion in 401(k) funds is rolled over each year. This week, we'll delve into strategies for managing your old 401(k) after job changes and what to do if you inherit a retirement account. We'll also discuss the crucial role of a fiduciary financial advisor and the upcoming rule change that will strengthen protections for clients with retirement accounts. This new regulation will require more financial advisors to prioritize their clients' best interests, though not in all situations.