Mail Bag- Whole life insurance policy for college expenses
Something More with Chris Boyd
Release Date: 04/08/2024
College Planning
Something More with Chris Boyd
College Planning – As it is the time of year for high school and college graduations, Jeff Perry and Russ Ball discuss a wide variety of topics regarding planning for college. The conversation begins with the use of 529’s as the foundation for most families to save for future educational expenses. Jeff outlines the basics of how a 529 plan operates and the benefits of using one. Jeff & Russ next explore the factors that go into making the choice of which college is right for your student. Finally, the topic of how to pay for college and common mistakes people make in this process. For...
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BUFFETT!
Something More with Chris Boyd
BUFFETT! – With the recent retirement announcement from Warren Buffett, Chris Boyd, Jeff Perry, and Brian Regan reflect on the amazing life and the many financial lessons of Warren Buffett. Brian leads the conversation with a brief biographical summary of Buffett’s early years and reflections of how Buffett influenced his views on investing. Jeff weighs in with Buffett’s dislike of using leverage and specifically credit cards. Chris ends the episode discussing how Buffett plans to distribute his wealth through the “Giving Pledge.” For more information or to reach TEAM AMR, click the...
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Yellin & the News
Something More with Chris Boyd
Yellin & the News – After attending the CFA Society of Boston Annual Market Dinner, Chris Boyd offers his thoughts from Janet Yellen’s keynote speech. Chris reviews Yellen’s negative views on broad-based tariffs and other policies of President Trump. Jeff Perry joins the conversation as it shifts to other items in the news including more on tariffs, the Federal Reserve interest rate decision, new employment data, corporate earnings and a lack of guidance from CEO’s. The episode ends with thoughtful commentary from Chris about what an investor should do during these uncertain...
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Raising a financially literate child
Something More with Chris Boyd
Raising a financially literate child – Jeff Perry and Russ Ball offer suggestions and commentary about positive way to pass on personal finance lessons and values to your children through various stages of development. Jeff & Russ discuss the importance of positive role modeling (or at least not negative), explaining the three purposes of money, use of allowances, at what age is a debit card appropriate, value of a part-time job, and learning about compound interest and investing. Russ and Jeff share personal anecdotes and stories of what childhood lessons are still with them today....
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Annual reviews and why you need one
Something More with Chris Boyd
Annual reviews and why you need one – You have probably heard all the reasons why you need a comprehensive financial plan. In this episode Jeff Perry and Russ Ball discuss why it is critical to review your plan at least annually. Topics covered include responding to life changes, investment objectives, time horizons, liquidity needs, risk tolerance, cash-flows, life insurance needs, legacy planning, and more. For more information or to reach TEAM AMR, click the following link: https://www.wealthenhancement.com/s/advisor-teams/amr
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Mr. Market is both charming and bipolar
Something More with Chris Boyd
Mr. Market is both charming and bipolar – With all the recent volatility in the stock market, Jeff Perry and Russ Ball discuss a recent article published in BottomLine magazine which highlights the investing lessons from Benjamim Graham, who authored “The Intelligent Investor” in 1949. Jeff & Russ outline the lessons from Mr. Graham who describes “Mr. Market” as a bipolar fellow, very charming but suffering from incurable emotional problems. Some days, he shows up feeling euphoric and will sell to you only at unreasonably high prices. Other times, he is panicked for no obvious...
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Federal Employees: Retirement & Layoffs
Something More with Chris Boyd
Federal Employees: Retirement & Layoffs - Planning during DOGE – with Brian Kuhn, CFP – With all the recent news stories concerning workforce reduction and changes that Federal employees may be facing, Chris Boyd welcomes fellow Wealth Enhancement Certified Financial Planner Brian Kuhn to the podcast. Brian provides an overview of the retirement system and benefits provided to Federal employees. Chris Boyd and Jeff Perry ask for Brian’s commentary on recent incentives for early retirement and the likely elimination of remote work for Federal employees. Brian offers his suggestions...
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What's the Buzz? Recent Lessons
Something More with Chris Boyd
What's the Buzz? Recent Lessons – Chris Boyd, Jeff Perry, and Russ Ball discuss the economic and market news of the week, including the continued stock market volatility, tariffs, the Federal Reserve, unemployment data, consumer sentiment, and inflation. The trio outlines why having a financial plan is so critical in uncertain times. The conversation goes on to a discussion about how people make investments decisions within an employer-sponsored retirement plan, including the pros and cons that come with using target date funds. For more information or to reach TEAM AMR, click the following...
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Do I need to know about NUAs?
Something More with Chris Boyd
Do I need to know about NUAs? - Andy Ives, CFP®, AIF® from Ed Slott and Company joins Chris Boyd and Jeff Perry for an interesting conversation about Net Unrealized Appreciation (“NUA”). NUAs are a powerful tool for people having employer stock in company plans. The discussion digs into how the gains from an employer stock program can be distributed according to the NUA rules and be subject to long term capital gain taxes. Andy shares the “triggering” events of when the rules apply, and common mistakes people make. For more information or to reach TEAM AMR, click the following link: ...
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GO SOMEWHERE - Colin Stroud
Something More with Chris Boyd
GO SOMEWHERE - Colin Stroud – Travel expert and advisor on how to best use your credit card points and airline miles Colin Stroud joins the AMR Team for a highly informative and entertaining travel related episode. In this episode you will learn more about why flexible bank cards are a favorite, should you use one credit card or many cards to earn the most benefits, should you “buy points,” and what are arbitrage opportunities? Chris and Kristen Boyd dig into these issues and more. You won’t want to miss this episode if you are looking for money-saving tactics using your miles and...
info_outlineMail Bag – In this episode, Chris Boyd and Jeff Perry answer a question from a listener
on the subject of what is the correct type of life insurance? Chris summarizes the
scenario where a woman from Wisconsin asks about whether a whole life insurance
policy is an effective use for life insurance and for saving for future college expenses and
retirement. Chris and Jeff outline how to evaluate the need and amount of insurance and
when different types of policies may be appropriate. The segment concludes with advice
to listeners to work with a financial advisor who is a fiduciary and to be fully informed of
all the costs and benefits when being sold a financial product.
For more information or to reach Chris Boyd or Jeff Perry, click the below link:
https://www.wealthenhancement.com/s/advisor-teams/amr