Economic Ebb & Flow: Decoding GDP, Stocks, and Shopping Shifts
Something More with Chris Boyd
Release Date: 09/28/2023
Navigating the New Rules: Inheriting an IRA After Secure Act 2.0
Something More with Chris Boyd
With all the changes in the rules concerning inheriting an Individual Retirement Account (IRA) since the passage of the Secure Act 2.0, Chris Boyd answers a series of listener and client questions. Co-host Jeff Perry starts off with a question whether someone taking a Required Minimum Distribution (RMD) from an IRA can also contribute (and deduct) to an IRA from earned income. The questions turn to how a beneficiary IRA distribution is handled before and after the effective date of the Secure Act 2.0. The dialogue continues with specific case scenarios and which rules apply to each unique set...
info_outline
Navigating the US-China Relationship: Insights with Attorney Andrew Singer
Something More with Chris Boyd
Attorney Andrew Singer joins Chris Boyd and Jeff Perry to discuss the current relationship between the United States and China. Attorney Singer who has studied in China and is the author of “China Sings to Me” discusses the evolution of the bilateral relationship between the United States and China after four decades of formal relations. He expands on the vitriol and blowback that people and organizations face who are trying to further a positive dialogue. Jeff quotes statistics from a Pew Research study that shows that most Americans have a negative view of China. Attorney Singer offers...
info_outline
Estate Planning Essentials: Mistakes to Avoid and Family Involvement
Something More with Chris Boyd
In this episode, Chris Boyd, Scott Birmingham, and Jeff Perry cover the topic of who needs an estate plan, how often the plan should be reviewed and some of the most common mistakes people make in estate planning. Jeff starts out with a review of the common documents used in estate planning. The conversation develops into the emotional side of the estate planning process and the suggested practice of including family members in the discussion. Scott shares a personal story where his own planning came into play and the lessons he learned. The trio discusses the use of trusts. If you need help...
info_outline
Mastering Investment Portfolio Construction with Brian Regan
Something More with Chris Boyd
Brian Regan, the Chief Investment Officer of Asset Management Resources joins Chris Boyd and Jeff Perry for this episode on the topic of investment portfolio construction. Chris starts out by asking Brian for his comments on how an individual’s risk tolerance impacts investment portfolio decisions. The conversation moves along to a detailed discussion on principles for asset allocation of stock and bonds. Jeff asks Brian how he goes about selecting specific mutual funds and ETFs. Brian shares his thoughts of how he uses core and satellite positions while also making periodic adjustments to a...
info_outline
Ed Slott: Navigating Secure Act 2.0, Tax Strategies, and Year-End Planning for IRAs and Retirement
Something More with Chris Boyd
CEO of Asset Management Resources Chris Boyd interviews Ed Slott, a CPA and the president of Ed Slott and Company, LLC, a financial consulting firm specializing in IRAs and retirement planning. The conversation begins with a review of the changes to inherited IRAs under the Secure Act 2.0. Chris and Ed next discuss the likelihood of higher federal tax rates and whether it is prudent to consider accelerating IRA withdrawals now under the current tax rates. As the end of the year is fast approaching, Chris and Ed discuss the best options for Roth IRA conversions and the use of Qualified...
info_outline
Holiday Shopping, Giving, and Financial Planning
Something More with Chris Boyd
With the holiday season upon us and following the Black Friday shopping tradition, Chris Boyd and Jeff Perry encourage listeners to participate in Small Business Saturday where shoppers focus their spending at local and small businesses. Naturally this subject continues to Cyber Monday where consumers are attracted by sale items for holiday gifts from online merchants. The bulk of this episode is focused on Giving Tuesday and the issues related to charitable giving. Chris and Jeff discuss the story of how a client was able to use a Qualified Charitable Distribution to save income taxes and...
info_outline
Economic Insights: Inflation Trends, Employment Data, and the Global Landscape
Something More with Chris Boyd
In this episode, Chris Boyd and Jeff Perry discuss the financial news of the week, including declines in both the Consumer Price and Producer Price Indexes. In addition, Chris and Jeff review recent employment data, housing prices and a sentiment indicator for the manufacturing sector. The pair goes into detail regarding the above data points showing a lowering rate of inflation and a generally slower economy. The conversation naturally continues to the question of whether a recession is likely. In addition to the financial news, Chris and Jeff discuss the details of the recent budget bills...
info_outline
Exploring History: The Mayflower, Wampanoags, and the Origins of Thanksgiving
Something More with Chris Boyd
As Thanksgiving draws closer, Chris Boyd and Jeff Perry welcome Kevin Doyle and Karen Rinaldo to the show. Kevin and Karen are the co-authors of “In the Wake of the Mayflower” which is the story about life after the Mayflower arrival from “The First Encounter” through the fifty years of peace that followed, and ending with King Philip’s War. The book also highlights the mutually dependent relationship between the Pilgrims and the indigenous Wampanoags that is documented in the painting by Rinaldo of The First Thanksgiving, 1621. In this episode the group furthers the...
info_outline
Real Estate Investment Strategies: 1031 Exchanges, DSTs, and Opportunity Zones
Something More with Chris Boyd
If you are looking for options when it comes to real estate, deferring capital gains and passive real estate investing, this segment is a must-listen to 30 minutes. Chris Boyd and Jeff Perry welcome Jay Frank who is the President & COO of Cantor Fitzgerald Asset Management. The discussion starts off with a lesson in 1031 exchanges, which is an exchange or swap of one real estate investment property for another, that in certain circumstances allows capital gain taxes to be deferred. Next on this episode’s agenda is a detailed outline of the Delaware Statutory Trust (DST). A DST is a...
info_outline
Unpacking the $1.8 Billion Verdict Against NAR: What It Means for Home Buyers and Sellers
Something More with Chris Boyd
CEO of Asset Management Resources Chris Boyd is joined by Jeff Perry and Scott Birmingham to discuss a recent court ruling against the National Association of Realtors (NAR), which may have wide-ranging consequences for both home buyers and sellers. A jury recently ruled against the NAR by awarding a judgment of $1.8 billion. This class- action lawsuit of Sitzer v. the National Association of Realtors alleged that the NAR artificially and unfairly inflated agent commissions. In this context, Chris, Scott, and Jeff explore related questions that have been brought forward as to who real estate...
info_outlineSomething More with Chris Boyd
Featuring Chris Boyd, Jeff Perry, and Special Guest Brian Regan
Topic: Economic and Market Update
- GDP Forecast: The discussion starts with an expected GDP growth rate of 4.9%. With his profound insights into economics, Brian unpacks what this figure might mean for businesses and everyday consumers.
- 10-year Treasury Rate: A notable concern is the rapid rise in the 10-year Treasury rate. The team dives into the potential implications of this surge and its broader impact on the financial markets.
- Federal Reserve Update: In a surprising move, it has tempered its expectations for future rate hikes. Brian provides context on this decision, shedding light on its implications for the future economic landscape.
- Impact on Stocks: With the Fed's announcement, there's a growing sentiment that riskier stocks might face a challenging period. Chris, Jeff, and Brian weigh in on which sectors might be hit hardest and strategies investors might consider.
- Consumer Behavior Shifts: A curious trend is emerging at retail giants like Costco. Discretionary items, typically hot-sellers, are seeing a decline. Instead, consumers are allocating more of their spending towards services and transportation. The trio unpacks what's driving this behavioral change and its potential long-term ramifications.
- Housing & Travel Trends: The consensus is that housing prices might experience a cool-down period. Conversely, travel is anticipated to normalize with the world trying to find its post-pandemic footing. Brian adds his perspective on how these trends might evolve in the coming months.
- Economic Growth Drivers: One positive note amidst all the fluctuations is the projected economic growth stemming from durable goods, particularly in sectors like aviation. The conversation explores how industries centered around durable goods like airplanes are poised to contribute to the economy's growth trajectory significantly.
This enlightening session provides listeners with a comprehensive look at the current state of the economy, potential challenges ahead, and the silver linings that promise brighter days for specific sectors—a must-listen for anyone keen on staying updated on market trends and economic forecasts.