Ep 105: Supply & Demand of Stocks
Retire With Peace
Summary In this episode, Dave Zaegel discusses the concept of supply and demand in investing. He explains how supply and demand impact stock prices and investment decisions. He highlights three main areas where supply and demand dynamics come into play: alternative investment options, new companies coming public, and stock buybacks. Zaegel emphasizes the importance of understanding these dynamics when making investment choices. Takeaways Supply and demand dynamics have a significant impact on stock prices and investment decisions. Alternative investment options, such as interest rates...
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Ep 104: Know What the Business Does
Retire With Peace
In this episode, Dave Zaegel discusses the importance of understanding what a company does before investing in its stocks. He provides examples of companies like Disney, Apple, and NVIDIA, where the perception of their business may not align with reality. By analyzing financial statements and listening to earnings calls, investors can gain a better understanding of a company's revenue sources and growth drivers. It is crucial to look beyond the surface and recognize the underlying factors that contribute to a company's success. Takeaways Before investing in a company's stocks, it is...
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Ep 103: Cash Flow Statements Matter
Retire With Peace
In this episode, Dave Zaegel discusses important things to understand about investing in individual companies. He emphasizes the need for proper planning before making investments and highlights the importance of understanding management and the company's balance sheet. He then dives into the third financial statement, the cash flow statement, and explains why it matters. He provides examples and insights on how to interpret the cash flow statement and why it is a crucial tool for evaluating a company's financial health. Takeaways Proper planning is essential before making investments...
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Ep 102: Balance Sheets Matter
Retire With Peace
In this episode, Dave Zaegel discusses the importance of understanding a company's balance sheet when making investment decisions. He explains the components of a balance sheet and how it can provide insights into a company's financial health and risk. He uses Tesla as an example to illustrate how a company's balance sheet can change over time. Dave emphasizes the need to analyze the balance sheet to assess a company's ability to pay off debts and make informed investment decisions. Takeaways Foundational retirement planning is critical before focusing on investments. The...
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Ep 101: Management Matters
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Investments are secondary to overall retirement planning, which includes foundational elements like retirement income guardrails and tax planning. Good investments are important, but they must be tied into the overall plan. Understanding the management of a company is crucial when investing in individual stocks. Listening to earnings conference calls provides valuable information about the company, its management, and its future prospects. Management matters, and investors should take the time to know who is running the company and what they are saying. Takeaways Investments are...
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Ep 100: Highlights of Interviews from Previous 99 Episodes
Retire With Peace
This episode is a compilation of highlights from the previous 99 episodes. The interviews cover a wide range of topics including charitable giving, health and fitness, retirement planning, accounting for business sale, legacy interviews, fraud prevention, tax credits for donations, long-term care planning, and insurance coverage. The guests provide valuable insights and action items related to each topic. The episode concludes with a thank you to the guests and listeners, and an invitation for feedback. Takeaways Utilize donor advised funds for charitable giving and tax planning. Maintain...
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Ep 99: Principles, Not Perfection
Retire With Peace
In this episode, Dave Zaegel discusses the importance of following principles in retirement planning rather than striving for perfection. He emphasizes that there is no one-size-fits-all approach and that strategies should be tailored to individual circumstances. Examples include the decision to wait or not wait to take Social Security and the consideration of Roth IRA conversions based on income levels. Dave also highlights the significance of starting early and the flexibility to adapt strategies to fit personal financial plans. Takeaways: Retirement planning should be based on...
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Ep 98: Yes, But ...
Retire With Peace
In this episode, Dave Zaegel discusses the importance of retirement planning and how to mitigate the impacts of various uncertainties. He emphasizes the need to have a plan in place to handle tax planning and investment structure. Dave introduces the concept of retirement income guardrails or dynamic distribution rates, which allow retirees to withdraw more than the traditional 4% rule. He references a study that shows initial withdrawal rates of 5.2% to 5.6% are sustainable with a 99% confidence level for portfolios containing at least 65% equities. Dave concludes by encouraging listeners to...
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Ep 97: Fight Fewer Battles
Retire With Peace
Summary In this episode, Dave Zaegel discusses the importance of fighting fewer battles in order to retire with peace. He emphasizes the need to avoid getting caught up in every opinion and event happening in the world, and instead focus on what is truly important and within our control. This concept applies to retirement planning as well, where it is crucial to concentrate on what can be controlled and executed effectively. Dave provides examples of tax planning and investment strategies that can help individuals retire with peace by focusing on what they can control. Takeaways Avoid getting...
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Ep 96: Get Outside
Retire With Peace
In this episode, Dave Zaegel discusses the importance of getting outdoors, and how this affects yoru physical health AND financial retirement.
info_outlineDave Zaegel welcomes business owners to the Retire With Confidence Podcast and discusses the importance of addressing their retirement needs. He focuses on a specific topic called pass through entity tax payments, which allow businesses to pay state-level taxes and receive a federal tax deduction. He explains that most businesses do not pay taxes directly but instead report their income on personal tax returns. Due to a cap on deductions for state and local taxes, many states have enacted pass through entity tax payment laws to help business owners maximize deductions.
Dave advises business owners to consider making these payments strategically in order to optimize their deductions based on their income projections for different years. He emphasizes that this planning is important for most business owners unless they are located in states without income tax. Dave concludes by stating that this information should be shared with others who may benefit from it, as it is crucial for year-end planning as a business owner.