Active Wealth Show Small Business Spotlight. Fastlane Import Auto Repair with John Lamont

This week, Ford and Brandy talk with John Lamont, owner of Fastlane Import Auto Repairs, about how to reduce the cost of ownership for your vehicles. Ford and Brandy also discuss Roth ladder conversions and a strategy on how to reduce your retirement income gap.

Segment 1: Ford and Brandy talk with John Lamont, owner of Fastlane Import Auto Repair.

Announcer: (00:02)Welcome to The Active Wealth Show with your host and chief financial advisor, Ford Stokes. Ford is the founder and CEO of Active Wealth Management. He’s a fiduciary who will help protect and grow your money. Ford will teach you how to invest and retire successfully so that your hard earned assets are protected. Investment advisory services offered through Brookstone Capital management, LLC, BCM, a registered investment advisor. BCM and Active Wealth Management are independent of each other. Insurance products and services are not offered through BCM, but are offered and sold through individually licensed and appointed agents. Investments involve risk and, unless otherwise stated, are not guaranteed. Past performance cannot be used as an indicator to determine future results. Now, here’s your host Ford Stokes.

Ford Stokes: (00:43)And welcome to the show, Activators. I’m Ford Stokes, your chief financial advisor. I’m here with Brandy Seats, the asset.

Brandy Seats: (00:50)Hey everybody.

Ford Stokes: (00:51)What’s up Brandy? How are ya?

(00:53)Glad to be here.

Ford Stokes: (00:53)We’ve also got our esteemed executive producer, Christian Dooley with us today.

Christian Dooley: (00:59)I still need to add you on there, Brandy.

Brandy Seats: (01:01)Yeah, add me on the end.

Christian Dooley: (01:03)I’ll eventually get to it.

Brandy Seats: (01:05)Thanks.

Ford Stokes: (01:05)Honestly, Brandy, we have added you to the show, so you’re here, so we’ll actually try to add you to the entire show. So that’ll be great.

Brandy Seats: (01:14)I would appreciate that.

Ford Stokes: (01:15)So we’ve got a really action-packed show today. We’ve got, Brandy’s got a special guest. I’ll let her introduce him here in a second. We’re going to launch our new small business spotlight, what we call our small biz spotlight, kind of an homage to Biz 1190 that is no longer, and kind of a way to shout out to Abhi Golhar and the Abhi Golhar Show, who’s been on our show. We’re trying to focus in and give a spotlight to small business owners who do a great job from a customer service perspective, but also help pre-retirees and retirees reduce their costs in retirement just with their lifestyle and just living here and kind of in the Atlanta area. And if you’re driving around in the Atlanta area or listen to us on activewealthshow.com or on our podcast, we hope you find this great value today. Cause I think we’re going to address one of the biggest expense items during retirement, which is your auto maintenance expense and also just buying an auto and all that kind of stuff. Just how much does it cost to deal with a vehicle or vehicles. We’re going to go over, after this interview, we’re going to go over, kind of, market update, what’s going on.

Ford Stokes: (02:26)We’ve seen a lot of market volatility in the last week with the Coronavirus rumors and outbreak. And for all intents and purposes, it looks like it is a problem in China. We’ve got to make sure that we’re doing a great job at protecting our assets and having some downside protection and actively manage portfolios. A great way to do that, don’t just do the buy and hold and just hang in there. But with that, I want to kind of get started. Brandy, i’ll throw it out to you and let you introduce our guest f