Engineer of Finance
It all begins with savings and cash flow! Most people play the dangerous game of chasing after outrageous returns risking all their money in aggressive joint ventures, real estate, and the stock market. Stop what you’re doing and LISTEN so we can show you how you really can enjoy today AND can have a way wealthier tomorrow.
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April Fools Day! - Episode 309
04/01/2024
April Fools Day! - Episode 309
This episode was inspired by an article in The Epoch Times, titled: "No Fooling: Gov. Newsom's $20 Minimum Wage Hits April 1," written by John Seiler. I am not a fan of minimum wage because of the intended and unintended consequences. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The article from The Epoch Times, titled: "No Fooling: Gov. Newsom's $20 Minimum Wage Hits April 1," written by John Seiler Concerns over the state and federal governments making such decisions The initiatives pushing for minimum wage laws and the potential unintended consequences Effects of minimum wage laws on younger employees The impacts of California's minimum wage increase to $20 Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Trust & Competency - Episode 308
03/25/2024
Trust & Competency - Episode 308
Ken Greene talks about a story of his auto mechanic, Mico at Ital Motors in Reno, NV. He is grateful for being surrounded by people that he trusts and that are highly competent at what they do. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The contrast between the ease of modern air travel and the discomfort and complex emotions around flying, including the impact of human behavior in such environments Value of his business trips versus the emotional difficulty of being away from his family, particularly his son, showing the human side of business travel and personal sacrifice The concept of 'The Gap and The Gain' Ken's Toyota truck, attention to detail, and customer service acts as an anecdote underscoring the importance of trustworthiness and competence in any industry Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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What Goes Up Must Come Down - Episode 307
03/11/2024
What Goes Up Must Come Down - Episode 307
Ken Greene discusses the process of active investing and how it compares to passive investment strategies. His approach is more hands-on, watching the market daily, as he sees it as a way to relax and keep himself engaged. He underlines the importance of being aware of one's financial position and evaluates the patterns in the stock market to make informed decisions. Greene emphasizes that the stock market, whilst a powerful tool for accumulating wealth, can be unpredictable. He expressed his concerns about the rapid rise of the stock market, considering it to be "unnatural". He cautions listeners who have taxable and qualified accounts, especially those nearing retirement, to consider cashing in on their returns and transferring the money to safer assets. He also suggests reevaluating your portfolio with the help of your advisor. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The stock market's progress since October 30th, emphasizing the 70% return rate, if annualized Importance of anticipating market trends, protecting assets, and the possibility of the market pulling back Considering the impacts of long-term and short-term capital gains on tax bracket Ken’s personal strategy: Moving some money into something else and surprising his family Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Gratitude, Complacency, and Next Steps - Episode 306
03/04/2024
Gratitude, Complacency, and Next Steps - Episode 306
The Engineer of Finance podcast host, Ken Greene, starts by discussing his recent trip to Santa Monica and the contrasting weather in the Reno-Tahoe area. He expresses gratitude for being able to enjoy both environments. Ken then reflects on the workshop he attended in Santa Monica, where he learned from successful entrepreneurs and realized a blind spot regarding work-life balance. He admits to becoming complacent with releasing episodes of his podcast consistently and apologizes for missing several episodes. He shares that negative influences from marketing people affected his vision for the podcast's growth but emphasizes that he will not give up on his vision. Ken mentions upcoming improvements, such as a new website and potential sponsorships or affiliates in the future. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The tranquility of the snowfall and his gratitude for the diverse environments he gets to experience His complacency and failing to release podcast episodes weekly as promised due his negative interpretation of certain comments from two marketers His commitment to the vision of the podcast and how he has severed ties with the marketers who influenced him negatively Ken’s gratitude for his audience and teases the new direction his podcast is going to take Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Happy Groundhog Day 2024! - Episode 305
02/02/2024
Happy Groundhog Day 2024! - Episode 305
Happy Groundhog Day! I hope everyone has a Happy Groundhog Day! Love the movie with Bill Murray. Great day to review and maybe revise our strategies and our plans to achieve the results we want to accomplish in 2024. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Ken’s love for skiing and winter, his desire for more winter, and how the Groundhog Day reflection aids in planning and strategizing What’s the beauty of Groundhog Day The effectiveness of small increments in habits and discipline How to start having constant growth and improved habits Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Conversation with Brad de Comarmond, Co-Founder of Empower Men - Episode 304
01/19/2024
Conversation with Brad de Comarmond, Co-Founder of Empower Men - Episode 304
Ken Greene welcomes guest Brad de Comarmond, co-founder of Empower Men, to share his personal journey and talk about his health and wealth transformation program for men. He focuses on establishing sustainable habits for long-term change over a 90-day period, starting with a one-on-one call and leading to courses, live training, and community engagement through the Mighty Networks platform. Brad emphasizes accountability and habits, inspired by James Clear's book, Atomic Habits. Brad discusses his personal experiences that have shaped him, including his health transformation from overweight teenager to male model, his financial coaching certification through Dave Ramsey, and a significant financial loss from an investment. He also encourages the use of advanced therapies like peptide and testosterone replacement therapy and supports an approach where health, fitness and medical industries collaborate for optimal patient health. He invites listeners to reach out via his website, Empower Men, or through his Instagram account. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Connect with Brad de Comarmond Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Empower Men's work as transformative for men's health and finances Brad's upbringing in South Africa and his subsequent move to the US. His transformation from his overnight days into a fit individual How Brad met his business partner, Gil, and their shared passion for health, wellness, and anti-aging How his personal financial losses inspired him to understand finance better and help others in managing their money How their 90-day transformation program works, including one-on-one calls, community involvement, regular live training, and other resources The potential of anti-aging therapies like peptides and stem cell research, and the challenges to access and affordability Growing awareness of alternative health approaches thanks to podcasts and other non-traditional media channels Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Conversation with Beth Hendler-Grunt: Helping Grads Land Their Desired Job - Episode 303
01/12/2024
Conversation with Beth Hendler-Grunt: Helping Grads Land Their Desired Job - Episode 303
Ken Greene welcomes guest Beth Hendler-Grunt, founder of Next Great Step, discussing the challenges young graduates face in the current job market. Pressures such as lifestyle expectations, inflation, and living costs discourage job hunting among recent graduates. In response to the issue of candidates not showing up for interviews, host Ken Greene suggests fear of rejection might play a role. Hendler-Grunt underlines the importance of guidance in job hunting for young adults from professionals, mentors or employers, and stresses the value of opportunities like internships for gaining experience. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Connect with Beth Hendler-Grunt Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Beth's important role in helping students transition into their career The success of her book, "The Next Great Step" Different disciplines that Beth works with Experiences and challenges of entrepreneurship and understanding the importance of being practical when achieving career goals The step-by-step approach to help their child graduate into their career Why business owners should offer internships or even a conversation to young adults for their career guidance and growth Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Gratitude Episode for 2023 - Episode 302
12/25/2023
Gratitude Episode for 2023 - Episode 302
Thank you for supporting this podcast.Thank you to all the guests that came on The Engineer of Finance Podcast. Grateful for what we accomplished in 2023. Grateful for what's to come in 2024. Thank you. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Create Your 2024 Health & Wealth Plan - Episode 301
12/15/2023
Create Your 2024 Health & Wealth Plan - Episode 301
Ken Greene advocates for intentional personal and financial planning. Despite past fears and resistance, he has learned the value in saving for the future and employing strategies like dividend paying insurance plans. His experience of fatherhood has reinforced his perspective on planning for the future. Ken concludes his end-of-year message with a disclaimer about his content, reminding listeners that investment decisions should be made cautiously and with the understanding of inherent risks. He emphasizes the importance of consulting with qualified financial advisors if necessary. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Ken’s dislike for New Year's resolutions How he sees the end of the year as a great time to reflect on achievements and potential improvements for the future How to be prepared for the unknown rather than creating plans based on hypothetical scenarios Logical reasoning for planning the future: Making choices today for a more prosperous tomorrow. Reflection on past years and the positive outcomes brought about by careful planning Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Happy Thanksgiving 2023! - Episode 300
11/28/2023
Happy Thanksgiving 2023! - Episode 300
Ken Greene expresses his deep gratitude for a range of things. He starts by emphasizing the importance of reflection and improvement in areas of life such as fitness and finances, and acknowledges that this may require bringing in mentors, coaches, or following online programs. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Ken’s personal Thanksgiving experience and how spending time with his extended family made this year’s holiday special The visit to Lake Erie and his nostalgic memories associated with it His gratitude for the airlines and the smooth travel experience Why Thanksgiving is his favorite holiday and the value of being grateful The importance of reflecting on accomplishments, areas of improvement, and tuning life as we approach the New Year The importance of mentorship and coaching in one's life and the potential for transformation Recommendations for the book "The Gratitude Principle" by Dan Sullivan for understanding appreciation Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Conversation with Parker Pursell at eQRP - Episode 299
11/24/2023
Conversation with Parker Pursell at eQRP - Episode 299
In this episode of the Engineer of Finance podcast, host Ken Greene interviews Parker Pursell, president of eQRP, a company that offers alternative retirement plans. Parker shares the motivation behind eQRP, which originated from the founder's personal experience of his father's traditional 401(k) failing to provide sufficient financial security. The company enables individuals to access their 401(k) savings, invest outside the stock market, and provides educational tools to promote financial literacy. The conversation emphasizes the importance of self-employment as a route to qualify for a self-directed 401(k). eQRP particularly serves those dissatisfied with traditional 401(k) plans or wish for greater control over their retirement savings. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Connect with Parker Pursell Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The motivation behind eQRP, to avoid the failures of traditional financial advising Failure of the traditional financial system in educating individuals about managing their money The idea of entrapment in the 401k system and how the company seeks to free clients from this eQRP’s way to help individuals access money from previous jobs Considering business activities to prove self-employment for self-directed 401ks eQRP's service offerings What their approach to investments are eQRP's reputation and value they create for the community with their innovative financial solutions Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Conversation with Jason Somerville - Episode 298
11/20/2023
Conversation with Jason Somerville - Episode 298
Jason Somerville, an experienced entrepreneur and investment banker, shares his professional journey and insights on transitioning from a corporate job to entrepreneurship. He narrates about his previous roles at Bank of America and a hedge fund, before starting his own ventures, including a helicopter leasing company. Jason now assists business founders/owners planning an exit strategy in his current role at GW Partners. Through a series of phases, they identify weaknesses in businesses, implement improvements and strategize to sell the businesses. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Connect with Jason Somerville Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Jason’s work in helping entrepreneurs with their exit strategy The typical investors they worked with at the hedge fund The challenges and benefits of navigating the entrepreneurial path How his wife's deep belief in his ideas ignited his entrepreneurial journey The human component in financial deals Using branding as a business strategy, emphasizing emotional connections, DNA, and clear messaging Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Focus on What We Can Control! - Episode 297
11/07/2023
Focus on What We Can Control! - Episode 297
Ken Greene discusses the importance of concentrating on the things that one can control and letting go of the concerns that cannot be managed. Inspired by a conversation with a new client worried about global tensions and their impact on financial matters, Ken emphasizes on the futility of worrying about things beyond control, suggesting instead to pay attention but not dwell on such matters. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Monitoring global affairs but choosing not to let it cause undue stress; focusing on situations that can be controlled Focusing on controllable factors on a daily, weekly, monthly and quarterly basis to meet personal, familial, and workplace goals Past struggle with perfectionism and how it deterred progress Lesson learned from guest speaker about overcoming perfectionism Focusing on tasks and goals that can be controlled and acknowledging the inability to control everything else Learning from personal experiences and sharing this knowledge to help others Importance of addressing, understanding, and improving personal habits and circumstances before attempting to solve larger issues; applying this lesson in financial and investment strategies Advice to focus on what one can control; reminder of being aware but not consumed by external events Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Be a Guinea Pig - Episode 296
10/16/2023
Be a Guinea Pig - Episode 296
Ken Greene discusses the concept of "be a guinea pig." He shares his personal experiences from trying out new water sports, to the painful learning process he went through. Ken emphasizes that being a 'guinea pig', though often painful, is an important part of the learning process. He views this as a valuable way to learn what works and what doesn't work in any given situation, enabling him to be a better host, teacher, and mentor. Ken also discusses how he becomes a guinea pig vicariously through mentors who are in situations that he has not yet reached, such as retirement. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Being a guinea pig to enter the insurance and financial industry The importance of understanding products personally before selling them to others His learning journey for the 'Infinite Banking Concept' and how it transformed his financial planning Importance of experiencing both success and failures as a way to empathize and help others How he utilizes mentorship to gain knowledge and wisdom in fields that he doesn't have personal experience in, like retirement planning The importance of being a guinea pig, especially in areas you excel at, to provide value to others Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Conversation with Alex Chompff - Episode 295
10/09/2023
Conversation with Alex Chompff - Episode 295
In this podcast episode, Alex Chompff discusses his career journey from the military to entrepreneurship, with notable roles in technology and venture capital. His experience includes being a security chief for nuclear weapons installations to managing a family business. His journey is marked by a deep love for technology that led him to form various ventures like Goodies, NatureTrack, Evolution Ventures, and MasterVerse.AI. Alex returned to the corporate world in the 2010s, allowing him to balance family, education, and establishing his company Goodies. His investment strategy places heavy emphasis on teamwork and integrity and having a long-lasting social impact. He advocates for investing in veterans due to their robust character traits and potential and shows interest in women-led businesses due to their vast potential yet underrepresentation. Alex introduces his platform MasterVerse.AI, which facilitates understanding AI, intending to familiarize people with AI. He believes all people globally should have access to such technologies and encourages participation in the Masterverse.ai community, offering interaction with high-profile community members. Lastly, he emphasizes that individuals seeking investment are crucial to the investment infrastructure. He encourages them to persevere and connect with him on social media platforms and his platforms: evolutionacceleration.com and MasterVerse.AI. He believes in an equal opportunity approach to technological advancement access. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Connect with Alex Chompff Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The importance of shared bonds and trust in work, specifically with veterans who have high integrity Investing in women owned businesses due to their underappreciation in the investment community Alex's long and extensive career Transition from high school to Marine Corps Returning from Marine Corps and starting a career involving computers and finance The impact and learning experience from serving in the Marines The power and importance of mentorship and helping others The challenge and emotional toll of balancing work and family, particularly when traveling for business Career shifts to focus on starting a family The forming of the venture syndicate and becoming an investor operator Financial component and social aspects of angel investing The fundamental criteria he uses to evaluate a potential investment opportunity The importance of personal connection when making investment decisions. Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Make Inflation Your Friend - Episode 294
10/02/2023
Make Inflation Your Friend - Episode 294
Ken Greene discusses inflation and how homeowners can take advantage by using instruments like a 30-year fixed mortgage in an episode titled "Make Inflation Your Friend." Ken mentions the impact of money printing and technology on the value of assets and posits that their worth might not have gone up, but it may take more dollars to acquire the same assets due to inflation. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Sharing previous experiences of advising clients to switch from 15-year fixed mortgages to 30-year fixed mortgages The current interest rates and median prices of homes in the US Ken's rule of thumb: House payments should not exceed 25% of your gross income Possible scenario of how inflation can impact your future payments on a 30-year fixed mortgage Case study example of someone having a strong income stream and buying a house at the median price Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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More Money for Less - Episode 293
09/25/2023
More Money for Less - Episode 293
Ken Greene discusses the change in the value of assets like gold, the stock market, and real estate in comparison to the depreciating value of the US dollar since the 1970s. He stated that, while the value of these assets might not have significantly increased, they now require more money to acquire due to inflation. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Ken’s views on the importance of having financial security with diversified assets The data on housing prices from 1971 compared to 2023 and the increase in the time needed to acquire a house based on median income People need to save more, live within their means and invest wisely to beat inflation and erosion in the purchasing power of money Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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It All Begins & Ends with Savings and Cash Flow! - Episode 292
09/04/2023
It All Begins & Ends with Savings and Cash Flow! - Episode 292
The fastest way to increase wealth is with substantial savings and substantial cash flow via automation to savings. The best way to enhance your retirement is with savings and guaranteed/promised cash flows. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Environment - Episode 291
09/01/2023
Environment - Episode 291
In this episode, the emphasis is on the impact that our environment has on our motivations, actions, and ultimately our successes. Drawing from personal experiences and examples, Ken discusses how changing the environment can lead to significant personal growth. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The power of changing environments to accomplish new goals A recent business trip to Santa Monica The impact of surroundings and the environment on productivity and critical thinking Ken defines "environment" and emphasizes the importance of creating the right conditions for growth - for people, plants, animals, and even finances Ken reveals how certain environments, like the library, facilitated concentration and learning when he was studying to become a professional engineer The importance of identifying one's weaknesses to improve upon them Reflect on the environments you've created for yourself and consider possible changes to improve personal progress Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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How Banks Work and Is Crypto a Scam? with Chris Aliotta - Episode 290
08/25/2023
How Banks Work and Is Crypto a Scam? with Chris Aliotta - Episode 290
Chris Aliotta and Ken Greene discuss banking complexities, including the carry trade, fractional banking, and cryptocurrencies. Chris, with his extensive banking experience, explains that deposits are considered liabilities for banks and details the strategies banks employ to keep money perpetually earning interest. He also elaborates on the industry's risk issues concerning interest rates and liquidity. Chris shares about the Silicon Valley Bank's significant losses due to their failure in hedging interest rate risks, advises spreading money over several institutions for security purposes and explains an inverted yield curve's ramifications. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Connect with Chris Aliotta Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The differences between commercial banking and investment banking Role of the Federal Reserve in providing liquidity backup for banks Cases when banks become insolvent The concept of "liquidity risk" Silicon Valley Bank's large-scale interest rate exposure A good way to measure the safety of a bank as an individual depositor Short-term rates influence what banks can lend to each other The impact of short-term rates on the economy Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Vary the Size of Your Buckets - Episode 289
08/14/2023
Vary the Size of Your Buckets - Episode 289
Vary the size of your buckets depending on your risk tolerance. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The use of "buckets" to enhance financial strategies Casinos as an example of risk tolerance; it's not about winning all the time, but limiting the losses Allocation and size of buckets for investments, highlighting shelter as a “big bucket” Defining an exit strategy before making investments Having varied sized buckets to handle risk Zero tolerance for high credit card interest rates Having a ‘bucket’ for liquid money as it provides flexibility to be more aggressive in other areas of investment Changing habits for better health, utilizing the bucket metaphor Reducing his coffee intake Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Use Buckets To Improve Your Financial Strategies - Episode 288
08/04/2023
Use Buckets To Improve Your Financial Strategies - Episode 288
Buckets for different financial purposes can create clarity and improve your financial strategies. Ken Greene, discusses the concept of 'buckets'. He refers to these buckets as categorized allocations of personal finance, likening it to how you might fill several different physical buckets with water. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights How 'buckets' help in retirement planning, definition of financial independence and freedom Concept of every dollar having a purpose and using different categories to allocate funds Using 'buckets' for specific purposes such as mortgage and expenses related to house, auto loans and their maintenance Having a bucket specifically designed for acquiring real estate, impact of current mortgage rates Diversifying income streams for retirement including rental income, pensions, and annuities Using the stock market as a 'play check money' during good years, spending it on vacations or fun toys Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Quotes That Inspire Me - Episode 287
07/31/2023
Quotes That Inspire Me - Episode 287
I share some quotes that resonate with me and hope that they can create value for the listeners of The Engineer of Finance Podcast. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights A positive momentum that can be created by choosing happiness and focusing on gratitude The influence of Atomic Habits and how small changes in habits can create significant transformations over time. Inspiring quotes that have helped Ken The relevance of positive role models, wise council, and careful choice of friends Quotes on choosing happiness Power of focused attention on gratitude versus fear and negativity The importance of quality reading for personal growth and goal setting to decide the future Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Be a Scrapper - Episode 286
07/28/2023
Be a Scrapper - Episode 286
Things don’t go as planned at times. Don’t give up. Be a scrapper and win! Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights The pitfalls of perfectionism Importance of progress and production over perfection Why you should have a game plan Teamwork and the importance of resilience in facing challenges The concept of being a 'scrapper' to running a business, explains the inevitability of challenges and the importance of moving forward regardless Strive forward, both physically and mentally Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Conversation with Kevin Amolsch, President of Pine Financial Group - Episode 285
07/21/2023
Conversation with Kevin Amolsch, President of Pine Financial Group - Episode 285
Kevin Amolsch, president of Pine Financial Group, shares his professional journey, investment strategy, and advice on real estate. He highlights the benefits of real estate as a reliable wealth-building tool, despite its risks and challenges. His firm provides funds for developers and investors targeting fix-and-flip or commercial asset projects, with a loan-to-value ratio of 70% for residential properties in specific areas and 65% for commercial properties nationwide. Who’s the guest? Kevin Amolsch formed Pine Financial Group, Inc in 2008 after leaving a small mortgage company as the senior loan officer for residential lending. Kevin has a degree in Finance which he obtained after serving four years in the US Army. He started out in banking, working at First Bank in the lending department while in school. From there, he started his first real estate investment company, which is still active today. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Connect with Kevin Amolsch Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights His current role as the president of a private equity firm that specializes in real estate investment The effects of relentless collection calls on people trying to get back on their feet, and how those calls can hinder their ability to generate revenue How he got into real estate investing and his approach to finding and negotiating deals The pros and cons of flipping houses and how it contributed to the guest's knowledge of real estate The idea of diversifying assets across real estate, stock markets, and savings accounts The challenges of managing properties and why the guest recommends new landlords to manage their own properties initially Pine Financial Group's primary function in lending money to real estate developers and investors The challenging process of getting approval from regulators How Pine Financial Group operates as a lender Kevin explains that Pine Financial Group has had success by not having a lockup period The importance of mastering cash flow and establishing good saving habits before investing in a 401K Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Conversation with Peter Lazaroff, Chief Investment Officer at Plancorp - Episode 284
07/14/2023
Conversation with Peter Lazaroff, Chief Investment Officer at Plancorp - Episode 284
Ken Greene invites guest Peter Lazaroff, a Chartered Financial Analyst and Chief Investment Officer at Plancorp. They discuss Lazaroff's passion for investing, which started when he was given a share of Nike stock as a kid, and how he obtained his CFA and CFP certifications. Peter explains the evolving role of the modern Chief Investment Officer, highlighting the importance of addressing the emotional side of investing and educating clients about the market. Lastly, they discuss the ESG investment approach and the importance of hearing various perspectives on investments. Who’s the guest? Peter joined Plancorp in 2015 as Director of Investment Research. He became a shareholder of the firm in 2017 and Chief Investment Officer in 2020. Throughout his career, Peter has built a reputation as an educator, and our clients appreciate his ability to simplify complex issues. While Peter spends most of his time developing and communicating Plancorp’s investment strategy, he also writes regularly for The Wall Street Journal and Forbes. In 2019, Wiley & Son’s published his first book titled Making Money Simple. He also is the host of The Long Term Investor podcast. Peter and his wife, Ann, have two sons. When he has free time, he enjoys reading, traveling, swimming, and watching baseball. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Connect with Peter Lazaroff Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Peter discusses how he developed an interest in investing as a teenager and how it influenced his career choices. How Peter started learning about investing by buying books and reading the Wall Street Journal. His decision to first go for his CFA and then CFP designations based on his role as an investment analyst How the best way to approach the CFA exam is to avoid communicating with others during breaks between tests as it may cause confusion The idea of advising clients to pay off high-interest debt like credit cards which can yield a guaranteed return equivalent to the interest rate Objectivity and taking an emotionless approach to investment decisions The role of emotion in investing How fear can often outweigh financial logic, particularly for people nearing retirement The challenges of getting clients to accept simplified investment options, like a one-fund portfolio Experience with ESG (Environmental, Social and Governance) investing How to start simplifying investments Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Conversation with Patrick Sells, Co-Founder of True Digital Group - Episode 283
07/07/2023
Conversation with Patrick Sells, Co-Founder of True Digital Group - Episode 283
Ken Greene features Patrick Sells, co-founder of True Digital Group. They discuss debt leveraging, Patrick's background and roles in banking and fintech, and the importance of innovating within legal and regulatory constraints. The conversation shifts to the differences between community and digital banking, championing the adoption of digital transformations in banking. They also delve into the handling of cryptocurrencies, with Patrick providing insights on how cryptos are regulated based on their categorization as tender, security, or commodity. Who’s the guest? Patrick Sells is an award-winning entrepreneur and thought leader with a proven track record of driving innovation and transformation in the financial services industry. As American Banker’s 2020 Digital Banker of the Year and co-founder of True Digital Group, he has developed the industry’s first-of-its-kind vendor discovery and performance platform, enabling financial institutions to partner with technology vendors more effectively. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Connect with Patrick Sells Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Patrick talks about True Digital and the gaps it fills in the banking industry. Insights on the innovation and creativity involved in banking Relationship between learning and earning, and the different experiences coming from college versus working The importance and value of setting and abiding by rules within the banking system are stressed Imposing discipline for oneself and for optimizing the banking process The definition and role of community banks The misinterpretation of banking terms How banks became early adopters of technology, hence the legacy systems The talent deficit in community banking and the need to attract a new generation Understanding the regulatory aspects of crypto Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Happy Independence Day! - Episode 282
07/03/2023
Happy Independence Day! - Episode 282
Ken Greene celebrates Independence Day while also highlighting the concept of financial independence. Ken values the freedom and rights his country provides, emphasizing the importance of leadership safeguarding these freedoms. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Financial growth over the past decade within his family unit, and his favorite asset — the Bankosaurus® Ken’s sentiments about Independence Day and the joy it brings him. The importance of financial independence and freedoms in the country Financial review habits, emphasizing the importance of regularly tracking inflows and outflows in one's businesses and households. The importance of examining whether financial expenditures brought joy or annoyance, as it helps in tuning financial strategies. Benefits of having money in not just one asset, the opportunities it provides, and the resulting economic benefits. Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Why? Revisited - Episode 281
06/23/2023
Why? Revisited - Episode 281
Ken Greene shared a short reflection on the importance of understanding our purpose and goals in life. He discusses how having a clear purpose can make work more meaningful and help avoid the temptation to quit. Ken shares his own experiences, highlighting the importance of understanding what our goals are all about in order to make the grind more manageable. Links and Resources from this Episode For resources and additional information of this episode go to Who Not How: Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Understanding the importance of managing money and cash flow better through finding purpose Ken Greene's "why": Elevating others and making a difference for his family and clients Impact of goals and purpose on warrior strength and resilience Inspiration from a seven-year-old about being more present and the importance of careful spending Reflecting on goals and reasons for working hard to make the grind feel more meaningful Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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Say “No” So That You Can Say “Yes”! - Episode 280
06/16/2023
Say “No” So That You Can Say “Yes”! - Episode 280
Ken Greene discusses the importance of balancing savings and investments while also saying no to the things that don't align with our financial goals. Greene mentions how saying yes to everyone might end up preventing us from serving our ideal clients or achieving our financial objectives. He relates this concept to investment strategies and talks about the importance of finding balance in spending, savings, and delayed gratification. Links and Resources from this Episode For resources and additional information of this episode go to Connect with Ken Greene Office 775-624-8839 Book a meeting with Ken If you liked what you’ve heard and would like a one-on-one meeting with the Engineer Of Finance Episode Highlights Ken emphasizes the importance of time management and saying no to the wrong clients so you can serve the right ones. He talks about the balance between spending and saving for future financial independence. Ken warns against accumulating credit card debt and the impact on financial freedom. He offers to help listeners with mastering paying off credit card balances in full each month. Review, Subscribe and Share If you like what you hear please leave a review Make sure you’re subscribed to the podcast so you get the latest episodes.
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