Today's episode is packed with a variety of topics, all of which centered around the market's performance across numerous sectors.

Joe and his team have been keeping a close eye on the market's performance throughout Q3, drawing conclusions on where they believe the market will continue to head as 2023 draws to a close. 

Let's dive into the details!

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:03 - The five key points surrounding consumer spending and real income growth

4:19 - How the market has reacted during Q3 and how Q4 is shaping up

6:05 - E-Commerce penetration rising in the United States

8:53 - How E-Commerce penetration will impact retail overall

12:49 - Cruise lines have seen smooth sailing

17:28 - The labor market isn't slowing down as rapidly as we thought

19:20 - How the market has changed since Q2

21:46 - The Covid re-opening trend

24:13 - Commercial and residential real estate trends changing

27:47 - How to get in touch with Joe and his team

28:54 - Closing remarks

Connect with Joe Calao:

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Any wealth manager you consider working with, or currently work with, should possess three key characteristics to address your key concerns.

On today's episode of Your Money & A Cup of Joe, we’re going to explore those three characteristics, and offer ways that you can assess a wealth manager and other financial professionals in all three areas.

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:12 - How to evaluate the experience and expertise of a given wealth manager

2:20 - Issues that often go unnoticed

3:45 - The characteristics a wealth manager should bring to the table

4:13 - What it means for a wealth manager to have integrity in their work

6:20 - Your wealth manager should possess a strong level of competence

8:10 - An elite wealth manager leverages their astute level of technical competence

10:26 - Your wealth manager should have a team of strong relationships around them

12:15 - What does it mean for a wealth manager to have experience?

14:10 - How you can get in touch with Joe and his team for a stress test

16:20 - Closing remarks

Connect with Joe Calao:

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The people you know can play a big part in the amount of success you achieve in business and in life. But for contacts to be important and valuable to that success, you need to develop powerful relationships with them that get results for all involved.

On today's episode of Your Money & A Cup of Joe, we’re exploring some key ways to make that happen.

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:22 - Relationships are vital to someone's success

2:22 - How you can motivate the others around you

3:36 - Taking your passion and conveying it to others around you

5:21 - You need to walk-the-walk

6:34 - Giving something of value to get something in return

7:51 - The softer elements of developing powerful relationships

9:26 - How to build trust a little quicker

12:10 - Developing powerful professional relationships isn't a complex process

13:35 - How to get connect with Joe and his team

14:33 - Closing remarks

Connect with Joe Calao:

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If you’re a business owner, do you have key person insurance or a buy-sell agreement in place? If so, when was the last time you updated it? If your solutions are more than a few years old, you could be setting yourself up for financial disaster.

On this episode of Your Money & A Cup of Joe, we’re examining why this is the case and what entrepreneurs can do about it right now!

Timecodes:

0:06 - Introduction and overview on the topic of the show

1:23 - There are two big solutions for addressing unexpected issues for your business

2:49 - Business owners tend to neglect the planning efforts for these circumstances

3:47 - The advantages of leveraging a buy-sell agreement or key person insurance policy

5:17 - Business owners tend to set up their plan, but don't monitor it over time

6:15 - The appeal of a buy-sell agreement

7:38 - A large number of business owners don't have a buy-sell agreement in place

8:54 - Why you shouldn't let your buy-sell agreement become outdated

10:56 - The steps you can take to address these solutions for your business

12:42 - How to get in touch with Joe and his team

13:40 - Closing remarks

Connect with Joe Calao:

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As an entrepreneur, are you doing what it takes to help your employees, freelancers and other team members engage fully with both your company and the specific tasks they need to accomplish to generate success?

On the latest episode of Your Money & A Cup of Joe, we’re examining three key moves that can help you get the most from your people!

Timecodes:

0:06 - Introduction and overview on the topic of the show

1:23 - One of the biggest topics business owners are discussing today

2:58 - Changing the dynamic in the workplace to truly motivate employees

3:45 - Engaging your employees and inspiring motivation is paramount

5:07 - Action steps business owners can be taking to spark employee engagement

7:09 - Creating an environment that allows for workplace flexibility

8:31 - Does your business absolutely need to be conducted from an office environment

10:32 - Addressing wellness programs that businesses incorporate for employees

12:27 - Smart decision making and planning will get the best work from your employees

14:49 - Closing remarks

Connect with Joe Calao:

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We all have financial concerns of some sort or another!

On the latest episode of Your Money & A Cup of Joe, we’re taking a closer look at some of the key concerns shared by many affluent individuals and families today. How many of these concerns are on your own list of issues to address?

Let's dive into them and offer strategies to mitigate these concerns.

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:08 - The issue of preserving wealth

3:20 - Maintaining your current financial position is the top concern among investors

4:25 - The issue of enhancing wealth through tax mitigation strategies

5:48 - You shouldn't ignore your tax planning efforts

9:12 - The issue of protecting wealth from being unjustly taken

10:39 - The conversations surrounding charitable giving

12:15 - Make a list of what's important to you

13:39 - How to get in touch with Joe's team to discuss this topic further

14:41 - Closing remarks

Connect with Joe Calao:

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Coming into 2023, there were many unknowns about the economy and how the markets would react. This speculation has left countless people contemplating smart decisions with their investment portfolio.

On the latest episode of Your Money & A Cup of Joe, we're recapping how the economy has operated, so far in 2023, and what the market's reaction has been. Joe will also provide some insights on where the market may go as we progress deeper into the year.

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:08 - How inflation has been viewed throughout the year

5:04 - The markets reaction to inflation thus far this year

6:44 - The catalyst that's driving the market to a higher level overall

10:58 - Communication services and their place within the market

13:35 - How AI companies are going to impact the economy overall

18:17 - Consumer staples are down so far this year

24:04 - Supply chain issues are beginning to improve

29:05 - How to get in touch with Joe and his team

30:01 - Closing remarks

Connect with Joe Calao:

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While divorce rates in the U.S. have generally been falling for some time, the sad fact is that many marriages don’t work out.

On today's episode of Your Money & A Cup of Joe, we’re examining ideas and options for protecting financial assets in the event that a marriage, yours or that of a loved one, ends in divorce.

Timecodes:

0:06 - Introduction and overview on the topic of the show

1:36 - How divorce is a worthwhile conversation when it comes to wealth planning

2:45 - Can discussing divorce increase its likelihood?

3:49 - Understand the basics surrounding pre-marital assets

5:10 - How the state or area you reside plays a role in your asset protection planning

8:06 - Strategies for keeping assets separated

10:09 - Additional tactics beyond a typical prenuptial agreement

11:50 - Simpler strategies to leverage

14:07 - How to get in touch with Joe and his team

15:35 - Closing remarks

Here’s a question: How well do you and your spouse, or partner, work together when figuring out issues around saving, spending and investing? The answer could have a big impact on your future as individuals and as a couple.

On the latest episode of Your Money & A Cup of Joe, we’re taking a closer look at how you can build a better financial partnership to go along with your marital one.

Timecodes:

0:06 - Introduction and overview on the topic of the day

1:30 - Most couples don't make financial decisions together

4:19 - The benefits of working together when making financial decisions

8:38 - Advice for couples already working together to manage their money

11:34 - How couples can use compromises to have better financial outcomes

14:02 - Challenges that arise when couples have differing opinions about their money

17:12 - You want to be on the same page when it comes to your investment strategy

19:20 - How to get in touch with Joe and his team

20:10 - Closing remarks

Connect with Joe Calao:

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There are approximately 8 million private companies that will change hands in the US over the next 15 years. And some business owners will need and/or want help doing it. As we have discussed before on the podcast, there are 8 ways to exit a business, 4 internally and 4 externally.

On the latest episode of Your Money & A Cup of Joe, we wanted to discuss how business owners can exit in the method that's most appropriate for them.

We're joined on this episode by Larry Starks, the Senior Managing Director with Waterview Investment Banking, who has helped hundreds of companies and corporate leaders transition into the next generation.

Timecodes:

0:06 - Introduction and overview on the topic of the show

2:11 - How Joe and Larry became acquainted on a professional level

3:23 - Why business owners sell their companies in the first place

7:05 - The key mistakes business owners should avoid when selling their companies

15:05 - The characteristics that make a company attractive for a sale

19:51 - The areas of a business that need "housekeeping" before sale

24:23 - Evaluating the different types of buyers

28:37 - When is the right time to sell a company?

32:30 - How to maximize the value of your company within the transaction

36:57 - How to get in touch with Joe and Larry to discuss this topic further

38:40 - Closing remarks

Connect with Joe Calao:

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