Housing Security, Champ Homes; New World Order or Continued Global Economy?
Something More with Chris Boyd
Release Date: 11/30/2022
Something More with Chris Boyd
The 5 Levels of Wealth – Part 1 “Stability” – Chris Boyd and Jeff introduce the topic of the different levels of wealth with the first level being stability (see link to related article below). Jeff starts off by explaining that this level is not solely about income, as many people with a big paycheck often struggle to achieve financial stability. The conversation turns to adopting a mindset of deferred gratification and having discipline in spending. Other issues discussed are the benefits of having your own personal financial statements and building an emergency fund. The episode...
info_outline In the NewsSomething More with Chris Boyd
In the News – Chris Boyd and Jeff Perry dig into the financial news of the week. The big news moving the markets this week is the comments of Federal Reserve (Fed) Chairman Jerome Powell indicating the likelihood that the Fed’s are still expecting interest rates to decline later in the year. Jeff next mentions the topic of the National Association of Realtors reaching a settlement to end landmark antitrust lawsuits by paying $418 million in damages and eliminating certain types of commissions. Chris and Jeff discuss the likely changes to how real estate agents are compensated and the need...
info_outline The Big 3 Risks to your RetirementSomething More with Chris Boyd
The Big 3 Risks to your Retirement – Chris Boyd and Jeff Perry review and comment about the potential risks to financial plans during retirement years. Included in this discussion is “LONGEVITY RISK” or how long your money needs to last. The next risk reviewed is “INFLATION RISK” and the need for your income to keep up with rising costs over the years. Finally, Chris and Jeff discuss “MARKET RISK” which means being able to tolerate how markets may fluctuate dramatically over time. For more information or to reach Chris Boyd or Jeff Perry, click the below link:...
info_outline 1,000!Something More with Chris Boyd
1,000! – This episode marks the #1,000 podcast of Something More with Chris Boyd! Jeff Perry joins Chris as Chris reflects on his motivations for starting the radio show and podcast almost 17 years ago. Chris also talks about his favorite segments and most interesting guests. Chris shares his personal thoughts and discusses the future of the podcast moving forward. At the end of the segment, Chris announces a complimentary “Money Tree” gift to listeners who write in. For more information or to reach Chris Boyd or Jeff Perry, click the below link:...
info_outline More Rules of ThumbSomething More with Chris Boyd
More Rules of Thumb – Chris Boyd and Jeff Perry go back to a recent conversation of common financial rules of thumb. They start off by defining the term “net worth”. Chris reflects on the book “The Millionaire Next Door” and Jeff mentions a financial calculation that compares one’s net worth against their income. Next the duo explains the Rule of 72 and how it is helpful when doing quick calculations of when an investment is expected to double. The often- discussed term of Financial Freedom is deliberated in the context of a formula of one’s annual expenses. Chris closes out the...
info_outline What if you don’t need your RMD?Something More with Chris Boyd
What if you don’t need your RMD? – Chris Boyd and Jeff Perry dig into the commonly asked question of what to do with Required Minimum Distributions (RMDs) when you don’t need the money, and would like to avoid the resulting income taxes. Chris and Jeff converse about how frequent it is for clients to reach an age when the IRS requires you to start withdrawing money from retirement accounts that you don’t need to tap into just yet. Chris and Jeff discuss various options of how to invest, spend, or give to a charitable cause. (See reference article at the link below)....
info_outline In the NewsSomething More with Chris Boyd
In the News – With no shortage of newsworthy topics to discuss, Chris Boyd and Jeff Perry review popular news stories of the week. On a lighter note, Chris and Jeff start off with expressions of appreciation for moving our clocks one hour ahead to Daylight Savings time. The duo shifts to the political topic of President Biden and former President Trump basically locking up their respective primaries. Chris and Jeff speculate what could happen to change this expected election rematch. The segment ends with a review of the week’s economic data, including the CPI, PPI, and unemployment...
info_outline Picking up the PiecesSomething More with Chris Boyd
0Picking up the Pieces – Brian Regan joins Chris Boyd and Jeff Perry for this episode to discuss Brian’s recently written article titled “Picking up the Pieces”. Brian starts off with his straightforward commentary of what he calls the “Cult of Private Investments”. The dialogue shifts to the debate of hiring a financial advisor compared to simply buying index funds. The trio next offers their thoughts on why high yield savings accounts are so popular and when it is prudent to use one. Brian next shares his thoughts on why Municipal Bonds are not that attractive in most...
info_outline In the NewsSomething More with Chris Boyd
– Chris Boyd and Jeff Perry start of this segment with commentary about the current state of the news in America and the lack of unbiased sources of current events. The conversation shifts to the topic of the growing national debt. Jeff highlights a variety of data points from the US Debt Clock (see link below). Chris and Jeff reflect on recent statements by Jamie Dimon about the future negative economic impacts of the national debt. Chris and Jeff turn to Federal Reserve Chairman Jerome Powell’s statement and testimony to Congress this week and its impact on the markets. Chris and Jeff...
info_outline Rules of ThumbSomething More with Chris Boyd
Rules of Thumb – Chris Boyd and Jeff Perry dig into a variety of financial generalized rules of thumb when it comes to personal finance ratios. Chris starts off by questioning Jeff on his views about how much is too much regarding common family purchases such as home costs and automobile buying. Chris and Jeff debate the best way to approach student debt and student loans (they don’t exactly agree). Jeff asks questions to Chris about common rules when it comes to how much one should be saving for retirement. Jeff next asks Chris for his view of how risk exposure to stocks changes as an...
info_outlineHost Jeff Perry, JD, is joined by Adam Burnett, Executive Director of Champ Homes, to speak about the organization and how Champ Homes acts as a support system for those with housing instability. Adam mentions recent trends of Champ Home stayers are in direct correlation with the recent “housing crisis.” With the goal of instilling self-advocacy, Champ Homes works with people motivated to turn their lives around. They measure their success rate by the number of people who move on from Champ Homes.
Jeff is joined by CIO Brian Regan, CFA®, to talk about Brian’s recent article New World Order or Continued Global Economy? published on TheStreet.com. They get into a geopolitical discussion, and then cover financial market news as Brian shares his opposition to the cryptocurrency market.