Wealthy AF Podcast

By Martin Perdomo "The Elite Strategist"Business Entrepreneurship Education Self-Improvement Investing

Wealthy AF Podcast episodes

July 05, 2024 From Swipe Culture to Deep Connections (w/ Dr. John De Oca)
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What if modern dating is leaving you more confused than ever? Tune in to Wealthy AF as we sit down with Dr. John De Oca, a seasoned mental health nurse practitioner and nurse coach, to unpack the tangled web of millennial and Gen Z relationships. Dr. De Oca provides his expert insights into the aversion to intimacy and the complications of today's undefined relationships. We'll break down how the shift from exchanging phone numbers to swapping Instagram handles has reshaped our romantic pursuits, and why instant gratification might be making it harder to find lasting connections.

Discover how to build emotional resilience in the fast-paced, digital dating world. Dr. De Oca sheds light on how swipe culture is impacting our ability to form meaningful bonds and the essential clarity needed in relationship goals. Learn practical strategies to boost your confidence and communication skills, and avoid the pitfalls of superficial connections. This episode is a deep dive into the necessity of self-reflection and personal growth to thrive in modern romantic endeavors.

We also tackle the sticky subject of financial dynamics and modern relationship expectations. Dr. De Oca explains why emotional maturity and shared goals are more valuable than financial status alone. He shares his thoughts on the disillusionment stemming from social media personas and the importance of genuine human interaction. Whether you're navigating the murky waters of dating apps or trying to understand the decline in emotional intelligence in today's communication, this episode offers a comprehensive guide to fostering authentic and intimate connections.

CONNECT WITH DR. JOHN!
www.instagram.com/dr_johndeoca
Download the free Sovereign Standards Manual.
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52 min
July 03, 2024 What's Next for Your Investments? | Weekly Business Briefs w/ Martin Perdomo
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Is the tech boom showing cracks? We're diving deep into the recent wave of hedge funds ditching tech and moving into healthcare and finance. We'll uncover why these big players are making this shift, and what it means for your own investments, whether you're using Robinhood, a traditional brokerage, or even your retirement accounts. By understanding these trends, you can make smarter choices and potentially shield your hard-earned cash from a tech tumble.
But wait, there's more! We're also tackling the confusing world of US government bond yields and how they're making the dollar stronger. This might sound boring, but it can actually impact your wallet in surprising ways – think cheaper vacations abroad or pricier imported goods. We'll break down the ripple effect on your purchasing power in plain English.
Plus, in our FedWatch corner, we'll dissect what the Federal Reserve is planning with interest rates. Any changes here can affect your borrowing costs, savings accounts, and overall investment strategy. We'll translate the Fed's jargon so you can make informed decisions about your financial future.
Download the free Sovereign Standards Manual.
A short guide to discipline, clarity, and Authority & Freedom.
Get it here:
https://offer.elitestrategiesconsulting.com/
Reserve your seat for the FREE Webinar here!
https://webinar.thesovereignstandards.com/

Support the show
FREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter:
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5 min
July 01, 2024 Unlocking Hidden Tax Savings (w/ Meghan Norton)
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Discover how to unlock hidden tax savings in your real estate investments with insights from cost segregation specialist Meghan Norton of Source Advisors Team. Meghan reveals the powerful strategy of cost segregation, detailing how it can front-load your depreciation expenses to significantly reduce tax liabilities. Learn the nitty-gritty of reclassifying assets like decorative lighting and landscaping to accelerate depreciation and free up capital for reinvestment, all while ensuring full compliance with tax regulations.

We dive deep into the complexities of conducting cost segregation studies, discussing factors like property value, components, and investor ROI goals. Using real case studies, Meghan illustrates how these studies can transform your financial returns, highlighting prime property types such as medical centers and data centers. We also tackle the critical steps involved in scoping out a project, evaluating a property's land value, and understanding its use and renovations to maximize tax benefits and investment returns.

Finally, find out what it takes to choose a qualified cost segregation specialist to ensure the success of your investments. Meghan shares essential tips on partnering with trusted professionals, emphasizing the importance of physical site visits by accredited engineers and maintaining thorough audit support. From initial consultations to comprehensive tax strategies, this episode is a treasure trove of practical advice for property owners and high-income earners looking to optimize their tax situations through smart property investments. Tune in to elevate your real estate game with expert guidance on cost segregation!

CONNECT WITH MEGHAN!
[email protected]
Download the free Sovereign Standards Manual.
A short guide to discipline, clarity, and Authority & Freedom.
Get it here:
https://offer.elitestrategiesconsulting.com/
Reserve your seat for the FREE Webinar here!
https://webinar.thesovereignstandards.com/

Support the show
FREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter:
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Own rentals and ready to operate? Apply to the private community:
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1 hr 8 min
June 28, 2024 Inside California's Sky-High Home Prices | 1-Minute Market Update w/ Martin Perdomo
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Why are California's house prices defying gravity? This week, we're breaking down the latest twists and turns in the housing market as of June 28, 2024. Mortgage applications are showing a slight uptick from last week but are still down a steep 13% compared to last year. Despite the cooling frenzy in house hunting, home prices have soared to a new high of $397,250, with the median asking price climbing to $414,975. High mortgage rates and a dip in buyer demand create a fascinating paradox where rising inventory hasn't led to dropping prices. We discuss what this means for those eyeing to buy, with the average monthly mortgage payment now standing at $2,785 at a 6.87% interest rate.

In our next segment, we turn our spotlight on California's housing market, where prices continue to break records against all odds. The median home price in the Golden State has surged to an eye-watering $813,980. Even with a significant rise in new and actively listed homes, prices remain stubbornly high. We dissect this curious case of soaring prices amid increasing inventory and high mortgage rates, offering insights for both buyers and sellers navigating this unique landscape. Whether you're in the market for a new home or just intrigued by real estate trends, you won't want to miss our expert tips and comprehensive update on these unprecedented times.
Download the free Sovereign Standards Manual.
A short guide to discipline, clarity, and Authority & Freedom.
Get it here:
https://offer.elitestrategiesconsulting.com/
Reserve your seat for the FREE Webinar here!
https://webinar.thesovereignstandards.com/

Support the show
FREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter:
https://signal.elitestrategiesconsulting.com/?utm_source=podcast&utm_medium=description&utm_campaign=operator-reset
Own rentals and ready to operate? Apply to the private community:
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Live masterclasses (Pennsylvania & Florida):
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8 min
June 28, 2024 Strategies for Long-Term Relationship Happiness (w/ Kristal DeSantis)
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Unlock the secrets to a thriving relationship with our special guest, Kristal DeSantis, a marriage and family therapist with a rich multicultural background. Growing up in an Asian multiracial, bicultural family, Kristal brings a unique perspective on what it takes for relationships to flourish. She shares her personal journey and professional insights, shedding light on misconceptions about long-term relationships and offering strategies to maintain happiness and connection over the years.

Discover the STRONG framework, a powerful tool for building and sustaining vibrant relationships. We break down this acronym into essential survival strategies: Safety, Trust, and Respect, coupled with thriving strategies: Openness, Nurturing, and Generosity. Through personal stories and expert advice, we delve into the importance of personal growth and mutual respect in partnerships. Learn how men can become more emotionally attuned and proactive, fostering a deeper connection with their partners.

Kristal also provides practical tools for enhancing communication and navigating cultural dynamics within relationships. From the "four positions of conversation" to the "heartbeat exercise," these strategies are designed to help couples communicate more effectively and reconnect emotionally. We discuss the significance of creating a safe space for open dialogue and the nuances of cultural sensitivities in therapy. Don't miss Kristal's valuable advice on maintaining a fulfilling sexual connection and her tips for real-life applications.

CONNECT WITH KRISTAL!
https://www.instagram.com/atxtherapist/
https://www.amazon.com/Strong-Relationship-Field-Guide-Modern/dp/1959099027/
Download the free Sovereign Standards Manual.
A short guide to discipline, clarity, and Authority & Freedom.
Get it here:
https://offer.elitestrategiesconsulting.com/
Reserve your seat for the FREE Webinar here!
https://webinar.thesovereignstandards.com/

Support the show
FREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter:
https://signal.elitestrategiesconsulting.com/?utm_source=podcast&utm_medium=description&utm_campaign=operator-reset
Own rentals and ready to operate? Apply to the private community:
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Live masterclasses (Pennsylvania & Florida):
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41 min
June 26, 2024 Is a Recession Really Off the Table? | Weekly Business Briefs w/ Martin Perdomo
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Is the economy on a stable path, or should we brace for a downturn? This week on the Weekly Business Brief, we unpack Janet Yellen's optimistic economic forecast, where she argues that strong business performance, robust consumer spending, and substantial job creation signal a thriving economy with no recession in sight. We also tackle Yellen's take on inflation, discussing her belief in its impending stabilization and how this might relieve financial pressures. However, we critically examine the potential pitfalls of continued high interest rates, particularly their impact on the housing market and business cash flow.

In another segment, we scrutinize why major US banks are taking a conservative approach amid inflation concerns and post-COVID-19 uncertainties. How are these cautious financial strategies influencing lending practices and interest rates on savings accounts? We also revisit Donald Trump's promise to increase green cards for highly skilled immigrants, dissecting the policy's intentions versus its less-than-stellar implementation. Tune in for a balanced perspective on these pressing economic issues and share your thoughts on our analysis. This episode promises to equip you with a nuanced understanding of current economic dynamics and policy impacts.
Download the free Sovereign Standards Manual.
A short guide to discipline, clarity, and Authority & Freedom.
Get it here:
https://offer.elitestrategiesconsulting.com/
Reserve your seat for the FREE Webinar here!
https://webinar.thesovereignstandards.com/

Support the show
FREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter:
https://signal.elitestrategiesconsulting.com/?utm_source=podcast&utm_medium=description&utm_campaign=operator-reset
Own rentals and ready to operate? Apply to the private community:
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Live masterclasses (Pennsylvania & Florida):
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7 min
June 24, 2024 Unveiling the Mindset of Wealth (w/ Stoy Hall)
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Have you ever wondered why we often overspend despite our best intentions? Join us in this enlightening episode as we sit down with Stoy Hall, a certified financial planner with an inspiring backstory. Raised by a single mother, Stoy’s experiences with financial scarcity and identity complexities have uniquely shaped his understanding of money. From dreams of the NFL and the Navy SEALs to finding his true calling in financial planning, Stoy shares his journey and the pivotal role early money memories play in shaping our financial behaviors. Learn how Stoy's work with the Boys and Girls Club and his education at Drake University illuminated the importance of addressing the emotional and psychological aspects of money management.

What's the secret to a prosperous mindset? Drawing inspiration from "The Five Love Languages," we explore how recognizing others' love languages can improve not just relationships, but also financial decisions. Stoy dives into the contrasting mindsets of the wealthy and the financially unstable, providing practical examples like differing views on car payments to illustrate how mindset impacts financial success. We also discuss discovering one's purpose and the vital role parents and grandparents have in imparting financial wisdom to the next generation, setting them up for a lifetime of financial stability.

Finally, we tackle the crucial topic of financial literacy and its many sources—schools, family, social media, and professional advisors. Stoy emphasizes the importance of focusing on mastering one area, such as real estate investment, before diversifying. Sharing personal stories and strategies, he guides listeners on overcoming financial fears and enhancing their money IQ. As we redefine true wealth, we highlight how living a joyous life, giving back, and living on your own terms are the ultimate goals. Tune in to gain valuable insights and practical advice to embark on your own wealth-building journey with confidence.

CONNECT WITH STOY
https://www.instagram.com/stoyhall/
https://www.blackmammoth.com/our-family
www.youtube.com/@stoyhall/
Download the free Sovereign Standards Manual.
A short guide to discipline, clarity, and Authority & Freedom.
Get it here:
https://offer.elitestrategiesconsulting.com/
Reserve your seat for the FREE Webinar here!
https://webinar.thesovereignstandards.com/

Support the show
FREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter:
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58 min
June 21, 2024 High Prices and Low Buyers Mystery | 1-Minute Market Update w/ Martin Perdomo
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Why do low interest rates fail to attract homebuyers? In this week's real estate deep dive, we unravel the complexities behind this puzzling trend. Tune in as we dissect the latest market data from June 21st, 2024, and explore why mortgage applications are down 12% from last year, despite a slight weekly uptick. We'll discuss the staggering 21% drop in house searches, soaring home prices reaching an all-time high of $396,000, and the hefty median asking price of $411,749. With current mortgage payments averaging $2,781 monthly, it's no wonder potential buyers, especially millennials, are feeling the pinch.

Our episode also brings a glimmer of hope with a 7.7% increase in new listings and a 16.5% rise in the number of houses on the market, giving buyers more options than before. We'll delve into the lag in response to falling interest rates, economic uncertainties, and fierce competition from investors and cash buyers that are keeping many out of the market. Whether you're planning to buy, sell, or just stay in the loop, we break down the factors contributing to today's volatile housing market and what it means for you. Join us for an insightful discussion that cuts through the noise and provides clarity on the real estate landscape.
Download the free Sovereign Standards Manual.
A short guide to discipline, clarity, and Authority & Freedom.
Get it here:
https://offer.elitestrategiesconsulting.com/
Reserve your seat for the FREE Webinar here!
https://webinar.thesovereignstandards.com/

Support the show
FREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter:
https://signal.elitestrategiesconsulting.com/?utm_source=podcast&utm_medium=description&utm_campaign=operator-reset
Own rentals and ready to operate? Apply to the private community:
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Live masterclasses (Pennsylvania & Florida):
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7 min
June 21, 2024 Red Flags and Real Connections in Online Dating (w/ Nina Jarnum)
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Ever wondered how to find love in your 40s using dating apps? We promise that by the end of this episode, you'll be armed with the wisdom and strategies to navigate the online dating world with confidence. Join us on Wealthy AF as we sit down with Nina Jarnum, the brilliant author of "F Kissing Frogs: Guide to Online Dating," who shares her extraordinary journey and practical advice for thriving in the dating scene later in life. Nina unravels the unique dynamics of dating in your 40s compared to your 20s, underscoring the importance of self-awareness, authenticity, and essential social skills to build meaningful connections.

Discover the secrets to conquering the dating world post-divorce, particularly through popular apps like Hinge and Bumble. Nina sheds light on the critical need to understand and optimize dating app algorithms to better align with personal preferences and avoid the fatigue of endless swiping. With her expertise, she provides actionable strategies for those re-entering the dating scene after long-term relationships, including profile-building tips and the significance of balancing masculine and feminine energies in dating dynamics, especially for successful women over 40.

We also dive into essential red flags to watch out for, ensuring safety and compatibility through practical steps like Zoom calls and trusting your instincts. Nina’s anecdotes emphasize caution and awareness, helping you navigate the dating landscape securely. Finally, we explore the transformative power of unwavering support and commitment in relationships, drawing insights from Napoleon Hill's "Think and Grow Rich." Tune in and learn how to foster a healthy, passionate relationship and connect with Nina for further guidance through her book, social media, and coaching services.

CONNECT WITH NINA
https://www.instagram.com/ninajarnum/
https://www.fuckkissingfrogs.com
https://www.tiktok.com/@ninajarnum

Download the free Sovereign Standards Manual.
A short guide to discipline, clarity, and Authority & Freedom.
Get it here:
https://offer.elitestrategiesconsulting.com/
Reserve your seat for the FREE Webinar here!
https://webinar.thesovereignstandards.com/

Support the show
FREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter:
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Own rentals and ready to operate? Apply to the private community:
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Live masterclasses (Pennsylvania & Florida):
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40 min
June 19, 2024 Immigration Changes Promise New Opportunities | Weekly Business Briefs w/ Martin Perdomo
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What if the latest inflation data could change the entire landscape of the stock market? This week on Weekly Business Briefs, we unpack some thrilling news: inflation is cooling off, and investors are buzzing with excitement. Lower inflation might prompt the Federal Reserve to reduce interest rates, making the stock market an even more enticing playground for investors. Get the inside scoop on why this development has the financial world in a celebratory mood and what it could spell for future market trends.

But that’s not all—we're breaking down a bold tax reform proposal from the IRS aimed at closing a loophole that allows large partnerships to dodge taxes, costing the government a jaw-dropping $160 billion annually. Plus, we dive into a groundbreaking immigration reform initiative that could grant legal residency to half a million undocumented immigrants. Discover the potential benefits and challenges of this proposal and its impact on communities and the economy. Join us as we navigate these pivotal topics shaping our economic landscape.
Download the free Sovereign Standards Manual.
A short guide to discipline, clarity, and Authority & Freedom.
Get it here:
https://offer.elitestrategiesconsulting.com/
Reserve your seat for the FREE Webinar here!
https://webinar.thesovereignstandards.com/

Support the show
FREE — The 30-Day Operator Reset: 5 moves to start treating your rental portfolio like a business. Yours when you join my weekly Landlord to Operator newsletter:
https://signal.elitestrategiesconsulting.com/?utm_source=podcast&utm_medium=description&utm_campaign=operator-reset
Own rentals and ready to operate? Apply to the private community:
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Live masterclasses (Pennsylvania & Florida):
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7 min