End-of-Year Financial Checklist + AssetBuilder Office Move Announcement

In this practical end-of-year episode of the Keep It Simple Podcast, Joey Badinger – Lead Advisor at AssetBuilder – sits down with Adam Morse (Senior Lead Advisor) and Tommy Williams (Associate Advisor) to walk through a clear, no-nonsense checklist you should review before December 31.

Recorded from AssetBuilder’s headquarters in Plano, Texas, the team covers retirement contributions, Roth conversions, tax-loss harvesting, RMDs, charitable giving, portfolio rebalancing, and even thoughtful strategies for gifting to kids and grandkids—without accidentally harming your own retirement plan.

They close with a major announcement: AssetBuilder is moving its headquarters to the Allen Tech Hub at Waters Creek—and explain what that means for clients, the team, and the next decade of growth.

Whether you're a DIY investor or working with an advisor, this episode gives you a clean, actionable framework to finish the year financially strong.

Timestamps

00:00 – Intro & important disclosure 00:40 – Welcome from AssetBuilder HQ in Plano, TX 01:15 – Meet the team: Joey Badinger, Adam Morse (Senior Lead Advisor), and Tommy Williams (Associate Advisor) 02:00 – Conference recap: Vegas Financial Planning Conference & Alts Texas (CFA Society / Markets Group / CAIA) 06:50 – Hard pivot: why “boring, simple” tasks drive the biggest long-term results 08:00 – Checklist #1: Maxing out 401(k), IRA & Roth IRA contributions for 2025 11:45 – Checklist #2: Roth conversions – what they are, how they work, and ideal timing 15:45 – Checklist #3: Tax-loss harvesting – when it makes sense & when it doesn’t 18:30 – Checklist #4: RMDs, inherited IRA rules, and QCD charitable giving 22:30 – Checklist #5: Rebalancing, diversification, and handling concentrated stock positions 27:30 – Checklist #6: Reviewing beneficiaries, cash reserves & liquidity 31:45 – Smart gifting: helping kids without jeopardizing your own retirement 37:40 – Final recap: What to do if you haven’t done any of this yet 39:30 – Big announcement: AssetBuilder is moving to the Allen Tech Hub at Waters Creek 44:30 – New office details, build-out, and client experience upgrades 46:00 – Closing & how to get in touch with the AssetBuilder team

Hosted by: Joey Badinger Featuring: Adam Morse, Senior Lead Advisor — Tommy Williams, Associate Advisor Podcast: Keep It Simple by AssetBuilder Location: Plano, Texas → moving to Allen Tech Hub (Waters Creek) Website: assetbuilder.com

Questions? Email podcast@assetbuilder.com  or book a consultation on the website.

If this episode helped you prepare for 2026, LIKE, SUBSCRIBE, and tap the bell—new episodes drop weekly with simple, evidence-based investing guidance.

#YearEndChecklist #RetirementPlanning #RothConversion #TaxLossHarvesting #BehavioralFinance #AssetBuilder #KeepItSimplePodcast #IndexInvesting #WealthBuilding2025 #PersonalFinance

Are you accidentally sabotaging your own portfolio? In this must-watch episode of the Keep It Simple Podcast, Joey Badinger – Lead Advisor at AssetBuilder – reveals the 4 behavioral biases that even professional investors battle every single day. Recorded from AssetBuilder’s headquarters in Plano, Texas, this short but powerful episode will help you spot and defeat the mental traps that cause most people to buy high, sell low, and underperform the market.

Whether you’re a DIY investor or work with an advisor, understanding overconfidence, recency bias, herd behavior, and confirmation bias is the difference between building real wealth and just spinning your wheels.

Timestamps (only the big 5-10 moments): 00:00 – Intro & Important Disclaimer 00:40 – Welcome from Joey Badinger (Plano, TX) 01:15 – Why even the pros at AssetBuilder aren’t immune to these biases 01:45 – Bias #1: Overconfidence – thinking you can consistently beat the market 04:50 – Bias #2: Recency Bias – “This time it’s different” & panic selling 06:50 – Bias #3: Herd Behavior (FOMO) – the GameStop lesson & buying high 08:50 – Bias #4: Confirmation Bias – only listening to news that agrees with you 10:15 – Final recap of all 4 biases + how to fight them daily 10:40 – Closing & how to contact the AssetBuilder team

Hosted by Joey Badinger Podcast: Keep It Simple by AssetBuilder Location: Plano, Texas Official site → https://www.assetbuilder.com Have questions? Email podcast@assetbuilder.com or book a free consultation on their site.

If this helped you invest smarter, smash that LIKE button, SUBSCRIBE, and hit the bell – new episodes drop every week with simple, evidence-based strategies that actually work.

#InvestingPsychology #BehavioralFinance #Overconfidence #RecencyBias #HerdBehavior #ConfirmationBias #AssetBuilder #KeepItSimplePodcast #IndexInvesting #WealthBuilding2025 #PersonalFinance

Description In this episode of the Keep It Simple Podcast, host Joey Badinger , joined by Adam Morse, Janet Griffith, and Tommy Williams from AssetBuilder, explores the essentials of investment risk. Learn how to assess risk tolerance and capacity, understand key metrics like standard deviation and beta, and discover strategies for building a risk-adjusted portfolio. Whether you're a DIY investor or working with an advisor, this episode simplifies risk management to help you invest smarter. Email podcast@assetbuilder.com or visit assetbuilder.com for more insights.

Timestamps & Main Topics

• [00:00:00] Introduction to Risk in Investing
• [00:02:00] Assessing Risk Tolerance and Capacity
• [00:08:00] Tips for Self-Assessing Risk
• [00:16:00] What Is a Risk-Adjusted Portfolio?
• [00:20:00] Technical Risk Metrics
• [00:34:00] Role of Advisors in Risk Management

Hashtags #KeepItSimplePodcast #AssetBuilder #JoeyBadinger #InvestmentRisk #RiskTolerance #FinancialPlanning #InvestingTips #PortfolioManagement

Keywords Investment risk, risk tolerance, risk capacity, risk-adjusted portfolio, standard deviation, beta, value at risk, max drawdown, correlation coefficient, bond duration, credit risk, diversification, fiduciary advisor, efficient frontier, AssetBuilder, financial education, Joey Badinger , Adam Morse, Janet Griffith, Tommy Williams, Plano Texas financial advisor.

Disclaimer: This podcast is for educational purposes only and is not an offer, solicitation, recommendation, or endorsement of any security, product, or service. Visit assetbuilder.com for more information.

Fixed, Indexed, or Variable? Understanding the 3 Types of Annuities Description: 🎙️ In this episode of The Keep It Simple Podcast, host Joey Badinger from AssetBuilder breaks down the three major types of annuities — Fixed, Variable, and Indexed — to help you understand how each one works, what guarantees they offer, and which risks to watch out for. You’ll learn:

What annuities actually are and how they provide guaranteed income 💵 The difference between accumulation and payout phases How inflation, fees, and surrender periods affect your returns Key benefits and drawbacks of Fixed, Variable, and Indexed annuities Why annuities can be valuable for retirement income — and when they may not be

Whether you’re nearing retirement or just trying to simplify your financial plan, this episode helps you keep it simple and invest smarter. 📩 Have questions? Email: podcast@assetbuilder.com 🌐 Learn more: https://www.assetbuilder.com Timestamps: 00:00 – Disclaimer & Introduction 00:40 – What Is an Annuity? 01:30 – Fixed Annuities Explained 03:15 – Accumulation vs. Payout Phases 04:20 – Liquidity & Inflation Risks 05:00 – Understanding Variable Annuities 06:15 – Riders, Fees, and Death Benefits 08:30 – Indexed Annuities and How They Work 09:30 – Cap Rates, Participation Rates, and Growth Limits 10:30 – The Pros and Cons of Indexed Annuities 12:00 – Inflation, Risk, and Long-Term Strategy 13:00 – When Annuities Make Sense 13:40 – Final Thoughts & How to Get Advice

Keywords: annuity types, fixed annuity, variable annuity, indexed annuity, guaranteed income, retirement planning, assetbuilder, Joey Badinger, annuity explained, financial education, investment podcast, fiduciary advisor, Plano Texas financial advisor, compound interest, annuity vs IRA, retirement income planning

Hashtags: #KeepItSimplePodcast #AssetBuilder #JoeyBadinger #RetirementPlanning #FixedAnnuity #VariableAnnuity #IndexedAnnuity #FinancialEducation #InvestingSimplified #GuaranteedIncome

From AssetBuilder’s Plano HQ, host Joey Badinger sits down with Adam Morse, Janet Griffith, and Tommy Williams to unpack America’s debt picture—from household budgets to the federal balance sheet. We break down mortgages vs. auto/student/credit-card debt, what rising rates mean, how to use debt-to-income (DTI) the smart way (the 28/36 rule), and practical habits to avoid lifestyle creep and instant-gratification financing.

You’ll learn:

• How much U.S. households owe (and where it sits by generation)

• Why mortgages can be “productive” debt—and why long car loans aren’t

• Current rate realities (mortgage, auto, student loans, credit cards)

• Exactly how to calculate your DTI (with target ranges)

• Behavior traps: BNPL, long auto terms, monthly-payment thinking

• What “deficits” mean at home and at the national level—and why they compound

Hosts & Credentials: Joey Badinger (Lead Advisor), Adam Morse (Director of Advising), Janet Griffith (Senior Advisor), Tommy Williams (Associate Advisor), AssetBuilder, Plano, TX.

Contact the show: https://www.assetbuilder.com

00:00 Intro & Disclaimer 00:32 Welcome, Hosts & Setup (Plano HQ) 01:00 What We’re Covering: Consumer vs. National Debt 02:00 U.S. Household Debt Snapshot (Totals & Averages) 03:15 Debt by Age Cohort (30–39, 40–49 peak, etc.) 05:10 Gen Z, Mortgages & Down Payments 06:00 Is Debt “Bad”? Productive vs. Dangerous Debt 07:20 National Debt vs. GDP (Post-WWII to Today) 09:40 Auto Loans Deep Dive (Long Terms, Delinquencies) 12:10 Average Loan Sizes (New vs. Used) 13:00 Deficits at Home & Nationally—What It Means 14:20 Growth Limits, Demographics & Reality Check 16:00 Rate Check: Mortgage, Auto, Credit Cards, Student Loans 18:30 Emergency Funds > High-APR Credit Cards 20:10 BNPL & Instant-Gratification Traps 21:10 Know Your Biases (Impulse, Overconfidence) 22:40 Budgeting Habits That Actually Stick 26:10 How to Calculate DTI (28/36 Rule) 28:30 Lender Approval vs. Healthy DTI 31:00 Why 70+ Debt Can Be Risky (Context Matters) 33:00 Depreciating vs. Appreciating Assets (Cars vs. Homes) 34:20 Action Steps: Start Small, Delay Gratification 36:00 How to Contact & Subscribe 36:30 Sign-Off & Disclosure

• Debt is a tool, not a villain. Mortgages can raise quality of life; revolving/consumer debt at high APRs can snowball.

• Auto loans are 2nd-largest consumer debt and loan terms are stretching—be wary of “just the monthly.”

• Credit-card APRs >20% make balances dangerous; build emergency savings to avoid swipes under stress.

• DTI targets: ≤28% housing (PITI+HOA), ≤36% total debts is healthy; 50%+ is a red flag.

• Behavior beats hacks: budget regularly, delay gratification, prefer used cars/shorter terms, question “need vs. want.”

Keywords: consumer debt 2025, debt to income ratio, 28/36 rule, mortgage vs rent, auto loan terms, credit card APR, student loans, national debt vs GDP, budgeting tips, AssetBuilder advisors Hashtags: #PersonalFinance #DebtFreeJourney #DTI #Mortgage #AutoLoans #CreditCards #Investing #Budgeting #KeepItSimplePodcast #AssetBuilder

The Big Beautiful Bill Basics Explained | Keep It Simple Podcast with Joey Bottinger

In this episode of the Keep It Simple Podcast, host Joey Badingerbreaks down the recently passed Big Beautiful Bill Act and what it means for taxpayers, families, seniors, business owners, and high-net-worth individuals. Recorded at Asset Builder headquarters in Plano, Texas, this short episode cuts through the complexity to give you clear, actionable takeaways in about 10 minutes.

You’ll learn how the new law affects:

• Income tax brackets, deductions, and credits

• Seniors’ tax benefits and enhanced deductions

• Estate and gift tax exemptions for high-net-worth individuals

• Business owners and the Section 199A deduction

• Families, education planning, 529 plans, and ABLE accounts

• “Trump Accounts” (Treasury Accounts) created for newborns

• No tax on tips & overtime (through 2028)

👉 If you have questions or want personalized guidance, contact our team at assetbuilder.com.

00:00 – Disclaimer & Introduction – Host Joey Badinger, Asset Builder Podcast 01:00 – Overview of the Big Beautiful Bill Act 02:00 – Tax provisions for all taxpayers (standard deduction, SALT cap, AMT, child tax credit, charitable deductions) 04:00 – Senior benefits: $6,000 enhanced deduction through 2028 05:00 – High-net-worth individuals: estate & gift tax exemption increases 06:00 – Business owners: Section 199A 20% QBI deduction made permanent 07:00 – “Trump Accounts” (Treasury Accounts) for children born 2025–2028 09:00 – Comparing Trump Accounts vs 529 Plans & Roth IRA options 10:30 – Updates to 529 Plans & ABLE Accounts 12:00 – No tax on tips and overtime pay (through 2028) 13:00 – Final thoughts & how to get advice from Asset Builder

Big Beautiful Bill Act explained, Joey Badinger podcast, Asset Builder Keep It Simple Podcast, tax changes 2025, Trump Accounts explained, SALT deduction 2025, estate tax exemption 30 million, Section 199A business deduction, 529 plan updates 2025, ABLE accounts tax benefits, no tax on tips 2028

In this Keep It Simple Podcast episode, host Joey Badinger joins advisors Adam Morse and Tommy Williams at AssetBuilder’s Plano HQ to unpack what’s really going on in today’s housing market—and how families can work together to help Gen Z and Millennials become homeowners.

They trace the arc from early 20th-century mortgages to post-WWII suburbia, the 1970s rate shock, 2000s subprime bubble, post-COVID surge, and today’s challenging mix of higher rates, compressed affordability, insurance spikes, student debt, and constrained supply.

• Housing history in a hurry: From 5-year loans and big down payments to the 30-year mortgage, GI Bill suburbs, the 1970s rate peak, the subprime crisis, and COVID-era price jumps.

• Why affordability is strained now: Home-price-to-income ratios, higher mortgage rates vs. locked-in low-rate owners, insurance costs, and student debt.

• Supply vs. demand realities: Aging-in-place, building restrictions, private investors in starter homes, and why listings can rise even as affordability falls.

• Programs that help first-time buyers: Where to look for down-payment assistance, reduced-rate programs (e.g., HomeReady, Home Possible), and local buyer education courses.

• Family strategies that work: How grandparents/parents can gift earlier, reframe big-ticket events (e.g., weddings) vs. down payments, and coach smart savings habits.

• Rates matter—but so does the price base. A 6–7% mortgage is tough; the bigger problem is prices outpacing wages.

• Locked-in effect: Owners with 2–3% mortgages aren’t moving—tightening the starter-home pipeline.

• Costs beyond the mortgage: Insurance premiums and maintenance have significantly outpaced wages.

• Education pays: City/county first-time buyer classes can prevent costly surprises (inspections, foundation/piping, etc.).

• Timing gifts can change trajectories: Front-loading support (within a plan) can beat waiting for inheritances.

00:00 – Disclaimer & intro 00:18 – Welcome from Plano HQ + today’s topic 01:02 – Why this matters to Gen Z & Millennials 02:04 – Housing history in 5 minutes (setup) 03:02 – Early 1900s: short loans, big down payments 03:40 – Post-WWII & GI Bill: the suburban boom 04:48 – 1970s shock: inflation & 18% mortgage rates 06:20 – 1990s–2000s: innovation → subprime bubble 08:08 – 2006–2012: crash, foreclosures, recovery 10:40 – 2020–2022: ultra-low rates, 40% price surge 11:50 – Today’s landscape: rates ~6–7%, slower demand 12:35 – Affordability math: price-to-income has doubled 13:45 – “Locked-in” owners with 2–3% mortgages 14:38 – Insurance & maintenance costs outpacing wages 15:28 – Student debt + wages: the squeeze on buyers 16:35 – Supply constraints, regs, and investor buyers 18:10 – What helps first-time buyers (overview) 18:38 – Down-payment assistance: HomeReady & Home Possible 19:30 – City/county first-time buyer education (why it matters) 20:28 – Family strategies: earlier gifting, matching, trade-offs 22:05 – Process over outcome: SMART savings goals 23:10 – Weekly money check: kill leaks, automate saving 24:12 – Build a “buy box”: price, payment, area, size 25:06 – Portfolio & plan check for parents/grandparents 26:02 – Action checklist (6 quick wins) 27:05 – Closing thoughts & how we can help 27:40 – Contact: assetbuilder.com to meet with an advisor.

Keywords: housing market 2025, first-time homebuyer tips, home affordability, mortgage rates vs prices, down payment assistance, HomeReady, Home Possible, starter homes shortage, budgeting for a house, Gen Z home buying.

Hashtags: #HousingMarket #FirstTimeHomebuyer #HomeBuyingTips #MortgageRates #Affordability #PersonalFinance #WealthBuilding #GenZ #Millennials

Struggling to get control of your money? In this episode of The Keep It Simple Podcast, Joey Badinger shares three proven budgeting techniques that will help you manage your money, eliminate financial stress, and reach your goals faster. Whether you’re brand new to budgeting or looking for a smarter system, you’ll learn about:

The 50/30/20 Rule a simple framework to balance needs, wants, and savings. The 80/20 Rule the “pay yourself first” mindset that ensures you save consistently. Zero-Based Budgeting – the most powerful way to give every dollar a purpose. Joey breaks down each method, explains how to apply it in real life, and shares tips to avoid common money leaks like forgotten subscriptions or overspending. By the end of this episode, you’ll have practical steps to take control of your finances today.

👉 If you’re serious about building financial stability, growing your savings, and investing wisely, this episode is for you.

Timestamps:

[00:00] Disclaimer & Welcome

[01:00] Why budgeting matters for financial stability

[01:20] The 50/30/20 Rule explained [03:00] Why saving and debt repayment are critical

[04:00] The 80/20 Rule: Pay yourself first [05:00] Automating savings, debt payments & investments

[06:00] The power of Zero-Based Budgeting

[07:30] How to stay disciplined with weekly money check-ins

[09:00] Tools for budgeting (Monarch Money, YNAB)

[10:00] Final thoughts & how to connect

Resources & Links: Visit us: AssetBuilder.com

Email questions: podcast@assetbuilder.com

Budgeting apps mentioned: Monarch Money , You Need a Budget (YNAB)

In this episode of the Keep It Simple Podcast, host Joey Badinger is joined by advisors Adam Morse, Tommy Williams, and Janet Griffith as they dive into discussions aimed at simplifying investment strategies for listeners. The episode kicks off with light-hearted banter about the summer heat and everyone's plans for the weekend, including Adam's hunting trip and Janet's upcoming family getaway to Big Cedar Lodge with her grandson. The group emphasizes the importance of spending quality time with loved ones and the joy of engaging in activities like fishing. Tune in for insights on how to destressify your investment approach while enjoying life's adventures!

[00:02:01] Recent bear markets overview.

[00:04:24] Psychological impact of bear markets.

[00:07:50] Bear markets and investment strategy.

[00:10:24] Market recovery times after downturns.

[00:16:15] Herd mentality in investing.

[00:17:23] Market strategies for investing.

[00:20:33] Market recovery after Black Monday.

[00:25:34] Missing the best market days.

[00:30:41] Working with financial advisors.

[00:32:30] Importance of working with advisors.

Have you ever felt your goals slipping away or wondered if your financial plan still matches your life? In this insightful episode, Joey Boding, alongside Adam Morris and Tommy Williams, discusses the concept of personal reconstitution—a valuable method inspired by passive investment strategies that helps you recalibrate your personal and financial goals. Learn why regular check-ins can significantly boost your chances of success, keep you aligned with your priorities, and help you celebrate meaningful progress.

For detailed show notes, navigate using the timestamps below:

[0:00] Introduction

[1:00] Understanding financial reconstitution and its purpose

[3:00] Potential downsides of passive fund reconstitution

[6:30] Tax implications and volatility during reconstitution

[10:00] Benefits and simplicity of periodic financial reconstitution

[12:30] Why investors should regularly review fund holdings

[15:00] Transition to personal reconstitution

[16:30] Mid-year goal check-in and personal reflections

[19:00] How frequent personal evaluations can keep you aligned

[21:30] Questions to help you stay on track and aligned with values

[24:00] Budgeting: the foundation of effective personal reconstitution

[27:00] Identifying and eliminating financial leaks

[30:00] Adjusting strategies and goals when life changes

[32:00] Setting SMART goals and realistic expectations

[35:00] Final tips for personal and financial success

For more information on Asset Builder, visit our website: https://assetbuilder.com

Welcome back to the Keep It Simple Podcast! In this episode, your host, Joey Bottinger, alongside Adam Morris and Janet Griffith, takes on the most popular investment questions searched on Google in 2024. From the complexities of cryptocurrency to the foundational steps of starting your investment journey, we break down essential financial concepts in an easy-to-understand way.

We discuss:

• Cryptocurrency Investing: Understanding the risks, practical platforms like Coinbase, and the emergence of Bitcoin ETFs.  
• Getting Started with Investing: The importance of employer-sponsored retirement plans (401k), setting up brokerage accounts with traditional banks or online platforms like Robinhood, and the power of education.  
• Initial Investment Amounts & Strategies: Prioritizing an emergency fund, consistent investing habits, and the benefits of diversified index funds over individual stocks.  
• Passive Investing Explained: A deep dive into long-term investment strategies that aim to capture market growth rather than attempting to time the market.  
• Calculating Return on Investment (ROI): A clear explanation of how ROI is determined, including the significance of total return versus price return.  
• Choosing a Financial Advisor: Key factors like fiduciary duty, transparency in fees, and the critical role of trust and personal connection in a long-term financial relationship.  
• Saving vs. Investing: Clarifying when to save (emergency fund, short-term goals) and when to invest (long-term growth).  
• Retirement Savings Goals: Discussing how to forecast your future spending needs and the limitations of general rules like the 4% rule.

Tune in for practical advice that will help you "Keep It Simple" and navigate your financial future with confidence.

Keywords: investing, cryptocurrency, financial advisor, retirement planning, passive investing, ROI, budget, emergency fund, 401k, ETFs, Bitcoin, wealth management, personal finance, investment tips, asset builder, Keep It Simple podcast.

Connect with Us:

• Email your questions: podcast@assetbuilder.com
• Visit our website: assetbuilder.com
• Watch us on YouTube: Asset Builder YouTube Channel

What do Warren Buffett, John Templeton, and Dave Ramsey have in common? They're all quoted in this spontaneous Q&A session with the AssetBuilder advisor team. In this episode, host Adam Morris surprises Joey Badinger, Janet Griffith, and Tommy Williams with unscripted prompts on famous financial advice.

Tune in to hear the team reflect on timeless wisdom, modern market challenges, budgeting fears, and how lifestyle inflation can derail your plan. They also explain why even savvy investors may still benefit from a trusted advisor.

Links:

• Learn more about AssetBuilder: https://assetbuilder.com

• Email us your questions: podcast@assetbuilder.com

Timestamps: 00:00 – Intro & disclaimer 01:10 – Warren Buffett: Should you be “greedy when others are fearful”? 06:40 – “This time it’s different”: Is it ever true? 12:30 – Dave Ramsey’s take on budgeting 15:45 – Why clients resist budgeting and how we help 20:15 – Social pressure, lifestyle inflation, and Coachella tickets 26:00 – How to find meaning beyond money 28:00 – “Fire your advisor?” Why a fiduciary still matters 32:30 – Wrap-up: Consistency and psychological support

In this episode of Keep It Simple, host Joey Badinger is joined by Janet Griffith (Certified Financial Planner) and first-time guest Tommy Williams (Associate Advisor) from Asset Builder. Together, they break down the real-world benefits of having a financial plan — from achieving clarity and peace of mind to understanding spending goals and preparing for the unexpected. Whether you're planning for retirement, mapping out education savings, or just want to feel more confident about your next step, this conversation helps you understand how planning can shape your financial future. Topics include: How a financial plan gives you a 360° view of your finances Building confidence during market volatility Knowing when (and how) to spend or give Uncovering hidden risks and overlooked opportunities Why peace of mind is the ultimate outcome

🎧 Learn more at assetbuilder.com/podcast Timestamps

[00:34] What is a Financial Plan? [06:45] The Role of a CFP and What They Cover

[08:24] The 360° View: Bringing Everything Together

[12:11] Building Confidence and Reducing Stress

[15:00] Permission to Spend (and Give!)

[20:00] Staying Steady During Market Volatility

[22:20] Reality Check: Can You Retire When You Want?

[25:59] Uncovering Hidden Opportunities and Risks

[29:55] The Overarching Benefit: Peace of Mind [32:58] Where to Ask Questions or Learn More

Welcome to the Keep It Simple Podcast! In this episode, hosts Adam Morse, Janet Griffith, and Joey Badinger break down essential tax strategies to help you maximize savings and stay ahead in 2025.

Join us as we explore key tax planning techniques, including maximizing deductions and credits, understanding tax-efficient investing, and navigating the latest IRS updates. We discuss why proactive tax planning is crucial, how to optimize retirement contributions for tax benefits, and strategies for minimizing capital gains taxes.

Additionally, we provide practical tips on organizing tax documents, avoiding common filing mistakes, and leveraging tax-advantaged accounts to keep more of your hard-earned money. Whether you're a business owner, freelancer, or individual taxpayer, this episode is packed with valuable insights to help you simplify tax season and make smarter financial decisions.

Connect with Team at Asset Builder: https://assetbuilder.com/.

Welcome to the Keep It Simple Podcast! In this episode, hosts Joey Badinger, Adam Morris, and Janet Griffith dive into the essential topic of goal setting for the new year.

Join us as we explore the SMART goals framework—Specific, Measurable, Attainable, Relevant, and Time-bound—and discuss how to effectively apply these principles to your personal and financial goals. We share insights on why setting specific and measurable goals is crucial for success, the importance of aligning your goals with your values, and how to create a budget that works for you.

Additionally, we provide practical tips on paying off high-interest debt, the benefits of saving and investing monthly, and the significance of increasing your financial literacy. Whether you're looking to improve your financial situation or simply want to set meaningful goals for the year ahead, this episode is packed with valuable advice to help you stay motivated and on track.

Tune in to learn how to make 2025 your best year yet!

Topics Covered:

• The importance of goal setting

• Understanding SMART goals

• Strategies for paying off debt

• Creating and maintaining a budget

• The benefits of regular saving and investing

• Tips for increasing financial literacy

👉 Connect with Team at Asset Builder: https://assetbuilder.com/.

In this episode of Keep It Simple, hosts Joey Badinger and Adam Morse dive into the recent fluctuations in the market.

Market volatility is an inherent aspect of investing, characterized by fluctuations in asset prices over short periods. These fluctuations can be unsettling for investors, often leading to emotional reactions that result in poor decision-making and potential financial losses. 

[00:02:04] Market reactions and investor psychology.

[00:05:12] Rates in Japan's impact.

[00:07:48] Margin loans and market dynamics.

[00:12:23] Panic and decision-making in finance.

[00:14:39] Recognizing emotional states for decisions.

[00:18:04] Market volatility and withdrawal strategies.

[00:22:50] The enemy is ourselves.

[00:24:40] Market recovery time analysis.

[00:28:53] Bear markets as buying opportunities.

[00:31:50] Importance of staying invested.

[00:34:24] Control and fear in investing.

[00:38:23] Long-term investment strategies.

Tune in to 'Keep It Simple' with host Adam Morris and Joey Badinger from Asset Builder to discuss strategies for building good habits while eliminating bad ones. They delve into methods inspired by 'The Soul of Wealth' by Daniel Crosby and share practical advice for achieving financial and personal goals using the SMART and EAST models. Highlights include discussions on financial planning, fitness, mental health, and the importance of intentionality in achieving long-term success.

[00:00] Introduction and Podcast Purpose

[01:39] The Concept of Make Good Easy, Make Bad Hard

[12:50] SMART Goals and the EAST Framework

[23:54] The Importance of Intentionality and Discipline

[16:25] Real-Life Examples and Applications

[24:49] Impacts of Good Habits on Health and Finances

[38:32] Mental Health Benefits and Therapy

[42:45] Final Thoughts and Encouragement

👉 Connect with Team at Asset Builder: https://assetbuilder.com/.

In this episode of 'Keep It Simple,' host Adam Morris, Janet Griffith and the team at Asset Builder, including special guest Director of Operations, Hannah Vickery, delve into the intersection of marriage and finance. They share personal experiences, advice, and techniques to help couples manage their finances effectively and reduce stress. Topics include the importance of open communication, different budgeting methods, the role of premarital counseling, and strategies to handle financial disagreements. The episode underscores the importance of being on the same financial team with your spouse to achieve shared goals while navigating life's unexpected challenges.

[00:34] Marriage and Finance: Today's Topic

[16:08] Combining Finances: Joint Accountability

[23:57] Handling Financial Stress and Goals

[31:18] Implementing Personal Budgets: The Burn Pile Method

[37:14] Choosing the Right Partner for Financial Harmony

[39:28] Common Financial Disagreements and Resolutions

[42:44] Planning for Retirement and Reducing Expenses

[53:10] The Importance of Open Communication in Budgeting

[54:05] Best and Worst Aspects of Working in Financial Services

[56:43] Final Thoughts and Encouragement for Young Investors

👉 Connect with Team at Asset Builder: https://assetbuilder.com/.

👉 Connect with Team at Asset Builder: https://assetbuilder.com/.

Ever thought about the countless variables that influence your investment decisions and how mastering the art of simplicity could be a game-changer? Join us, Jared and Adam, as we dissect Morgan Housel's enlightening book, "Same as Ever". Filled with bite-sized wisdom, this book reveals the power of long-term thinking, the beauty of focusing on constants over variables, and the potential traps of emotional investing. With Jeff Bezos' business strategy as a case study, you'll understand how these concepts work in the real world.

Life, just like history, is unpredictable - small moments can drastically alter its course. From the Revolutionary War to the sinking of the Lusitania, we illustrate how seemingly insignificant factors can have enormous impacts. Drawing from these historical events, we delve into the importance of humility when predicting future trends, particularly for investing. After all, acknowledging our inability to foresee every detail could be the key to avoiding costly financial mistakes.

In our final segment, we invite you to step back and look at the bigger picture, both in terms of your investments and life in general. We draw parallels between the roller coaster rides of the market and life, discussing the significance of managing expectations and practicing gratitude in cultivating happiness. Furthermore, we delve into the backstory of Housel's other book "The Psychology of Money," sharing how personal experiences, including a near-death experience, shaped his views on finance. As we wrap up, we leave you with a powerful story from the book that underscores the impact our financial decisions can have. Join us in this insightful journey as we navigate the often unpredictable, yet rewarding world of investing.

Gear up as we guide you through the fascinating world of financial trends, market volatility, and the simple pleasures of life, like attending a Baylor football game or organizing one's garage. We guarantee our casual yet in-depth discussion will not only enrich your understanding of asset classes and diversification but also shed light on the importance of gratitude in our lives. We'll chew over everything from fresh perspectives on investment strategies to the delights of ordering a pizza when you're worn out.

This episode is a treasure trove of insights into the performance of various asset classes in the third quarter, the volatility of markets, and the benefits of premium investing. We peel back the layers of market performance, revealing what's behind the numbers, and explore the strategy of buying and holding funds that target specific characteristics of stocks. Be prepared to question conventional wisdom as we debunk the reliability of market forecasts and underline the long-term stability of value stocks.

In our final segment, we reflect on the transformational power of gratitude. We share our thoughts on how an attitude of thankfulness can positively impact our lives and relationships. We discuss how social media has influenced our perceptions of gratitude and provide insights on cultivating a genuine sense of appreciation. Wrapping things up, we open the floor for your questions and comments. Don't miss out on this episode brimming over with thoughtful discussions, practical recommendations, and invaluable investment tips!

(00:00) Quarterly Review and Current Trends (08:41) Asset Class Performance and Diversification Importance (18:17) Market Volatility and Rebalancing Strategies (26:51) Premium Investing and Stock Characteristics (31:42) The Changing View of Economic Growth (42:44) Adam and Janet's Farewell and Appreciation

Join us as we navigate through topics such as the current Middle East situation and the looming tax season. As we approach tax season, we share insights on how to provide a smooth, fast and easy process for our clients in the preparation of their taxes. Furthermore, we discuss the unpredictability of the markets and the multiple factors that go into the evaluation of a share price. Despite the ongoing events in the Middle East, we unravel why markets continue to rise. 

In this captivating conversation with Peter Zahan, a geopolitical strategist, we analyze the macroeconomic view of markets, economic trends, and population changes across the globe. We dig into Russia's military strategy and the necessity for them to retain land in Eastern Europe. Also, we explore how population trends in western Europe impact their economy. The conversation wraps up with an inviting suggestion to relax and enjoy a bonfire, with smores of course! 

We also explore the lighter side of life as we chat about our plans to see comedian Nate Bargatzi, the high water bill due to extreme temperatures in Plano, and our busy weekend filled with plans for pickleball. We underline the importance of taking care of oneself and avoiding injury. We further analyze the 'Four Pillars' book series by Joseph Bernstein and emphasize the importance of avoiding overconfidence when making personal trading decisions. We delve into the difference between wealth and riches, and discuss how wealth is built over time through wise investing and allowing your money to generate interest. Listen in for an enlightening conversation!

(0:00:01) - Tax Season and Market Predictability (0:06:11) - Recommendations and Anticipation (0:12:14) - Nate Bargatzi Show and Water Bill (0:14:09) - The Psychology of Investing (0:25:36) - Emotions and Influence in Investing (0:34:55) - Emotional Management in Investing Importance

Prepare for a journey that will arm you with timeless investing principles. This episode is set to demystify the complexities of investing as we unpack the enduring principles outlined in "The Four Pillars of Investing" by William Bernstein. We shed light on the intricate link between risk and reward, revealing why the brightest markets often yield the lowest returns, while the bleakest ones offer the highest. We also address the emotional turmoil that most investors face when grappling with the idea of higher risk for higher returns.

Take a deeper look at the fascinating world of small and large cap stocks. We scrutinize their differences and dissect the historic trend of small cap stocks yielding higher long-term returns. As we navigate through this, we also touch on the potential implications of the US holding larger equity value than the rest of the world and the possible pitfalls this might pose for US investors. Discover the indispensable role of global diversification in maximizing returns and why it's crucial for every investor. 

Surely, you've heard the phrase, "this time it's different"? We'll explore why this mindset can be an expensive mistake, drawing from the canal revolution in England as a case study. Join us as we delve into the dangers of market frenzy brought about by inexperienced investors, and how understanding the principles of security valuation can serve as your compass. We also illuminate how current market conditions may lead to a bubble and the protective shield indexing provides. Then, we delve into the universe of returns, pulling data from various indexes. Remember, understanding bear markets and staying committed to your allocation is critical for any investor. You won't want to miss this episode!

(0:00:01) - Exploring the Four Pillars of Investing (0:13:01) - Small vs Large Cap Stocks (0:26:22) - Market Bubbles and Long-Term Data Understanding (0:37:44) - Understanding Risk and Return in Investing (0:46:30) - Contact and Sponsor Information for Podcast

Join us as we unravel the often intimidating topic of cybersecurity, offering straightforward advice on how to keep your digital life secure. We discuss simple, effective techniques that can drastically reduce your chances of falling victim to cyber attacks. From anecdotes we've gathered from our clients to our personal experiences, we're shedding light on the reality of cybersecurity. We explore the struggle of trying to have zero digital footprint and how you can make yourself less appealing to those with malicious intentions.

Listen in as we further discuss the importance of software updates and strong passwords, two fundamental pillars of cybersecurity. We shed light on the risks of neglecting software updates and how using programs like LastPass can help you create and store unique, difficult-to-guess passwords. We also talk about "brute force attacks" and why they're a serious concern. Continuing on, we delve into measures to ensure your protection online. We touch on the importance of backing up information, using VPN services, and steering clear of unsecured Wi-Fi networks. Don't miss out on this insightful conversation that will empower you to take control of your cybersecurity!

(0:00:01) - Simple Techniques for Cybersecurity (0:07:00) - Software Updates and Strong Passwords (0:19:50) - Cybersecurity Measures for Protection

Get ready for an insightful discussion as we explore the intriguing intersection of artificial intelligence (AI) and the stock market. We start off by examining the surprisingly strong performance of Democrats over Republicans in the stock market, and the role tech stocks play in this equation. We raise questions about potential insider trading, providing a thought-provoking angle on the information disparity between politicians and the public. This episode also delves into the attention-grabbing headlines that fuel curiosity and speculation about AI's role in the stock market.

As we proceed, we highlight the importance of cautious investing, discussing the recent surge in market strength driven by mega-cap tech stocks. The conversation steers you away from impulsive stock picks and underscores the need for comprehensive research and secure valuation methods. The discussion further illuminates the role of AI in investing, citing the East India Trading Company as an illustrative example of leveraging new technology for significant gains. From exploring the concept of diversification to understanding the investing mindset of today's youth, we leave no stone unturned in this exciting episode.

[0:00:01] AI's Impact on Stock Investing [0:12:49] Risks of Speculating on AI Stocks [0:24:53] The Role of AI in Investing

In this episode, we delve into the final segment of our review of “The Psychology of Money” by Morgan Housel. But before we do, we provide a brief overview of the Southern LA Bank's crash, caused by a drying revenue stream for clients and miscalculations about interest rates. Understanding your banking choices and conducting research is crucial, and remember the distinction between brokerages and banks.

We explore the disparities between day traders/short-term investors and the needs of long-term investors. Long-term goals should not mimic short-term strategies. Time horizons are key, offering success predictions. The media's focus on pessimism caters to our planning for worst-case scenarios, while optimism often raises suspicions of sales pitches. Progress is gradual, setbacks sudden. Don't solely heed pessimism; avoid overreactions.

Our worldview is limited, leading to shaky decisions based solely on personal perspectives. This is evident in active vs. passive investing—actively managed accounts tend to yield less over time. Embracing humility in finances, relinquishing ego, and managing money for peace of mind is vital. Humility matters in success. Outcomes are shaped more by behavior than portfolios. Care for yourself; small actions accumulate. Focus on control, release what you can't. Join us for insights on mindful financial management on this episode on Keep It Simple!

Click here to connect with the Asset Builder team

[00:00] Show intro 

[00:29] Welcome to the show!

[01:07] Overview of Southern LA Bank crash 

[12:02] Chapter 16 [17:24] Chapter 17

[22:50] Chapter 18

[27:42] Chapter 19

[32:03] Giveaway: win this book!

[32:50] Outro 

In this episode of Keep It Simple, hosts Adam and Joey continue to talk through "The Psychology of Money'' by Morgan Housel. Adam and Joey delve into the concepts of rationality and reasonability in financial decision-making. Chapter 11 of the book centers around reasonable vs. rational decisions. While some investors might be comfortable taking on more risk, adopting a double leveraged portfolio, although rational, may not be reasonable for most due to its extreme volatility. They stress the importance of constructing an investment portfolio that maximizes returns while allowing one to sleep soundly at night.

This episode highlights the inverse relationship between reward and risk, underlining that higher rewards often entail greater risks, which might not always be immediately apparent. The hosts draw on historical perspectives to explain that change is a constant, and history serves as a guide for the future, despite the presence of unforeseen events. Real-life instances involving clients' market concerns are shared, advocating for a balance between knowledge of historical patterns and preparedness for surprises.

Adam and Joey advise against over-reliance on one's expectations and suggest building a strategy that incorporates diversification. Recognizing the inevitability of being wrong at times, they stress the importance of a margin of safety. The podcast underscores the difficulty of forecasting one's future self due to personal growth and change. Regularly revisiting and aligning goals is recommended to avoid divergence.

Basing goals solely on trends is something to be cautioned against, and Adam and Joey highlight that everything in life involves trade-offs. They use investment scenarios to illustrate the trade-off concept, like choosing between low returns and avoiding high interest rates. Emotion-driven reactions are discouraged, as they can lead to mistakes. Overall, the episode promotes a thoughtful, reasoned, and adaptable approach to financial planning and decision-making, grounded in both historical knowledge and an understanding of one's evolving self.

Click here to connect with the Asset Builder team.

[00:00] Show intro 

[00:29] Welcome to the show!

[01:14] Chapter 11 

[08:13] Chapter 12

[14:22] Chapter 13

[21:13] Chapter 14

[28:12] Chapter 15

[33:56] Wrapping it up 

In this episode, we're taking a comprehensive review of the market performance during the second quarter to help investors plan for the future. Overall, it was a fruitful quarter with most investments on the rise. As we delve into various premiums, we'll explain their significance and how they affected returns. It's essential to understand that pursuing maximum profits may lead to challenges.

We're also exploring asset classes and the trends observed last quarter. Additionally, we'll discuss sector patterns and how some companies are inflating prices or presenting themselves as tech firms, regardless of their true nature. Notably, the energy sector outperformed in quarter two.

Diversification across sectors becomes crucial in optimizing returns and reducing volatility. For those disappointed with target premiums' performance, we'll explain why it's not always wise to discard low performers. Join us as we delve into these crucial insights to help you make informed investment decisions moving forward.

Click here to get in touch with someone from the Asset Builder team. 

[00:00] Show intro 

[00:28] Welcome to 

[01:36] Summary of the quarter 

[03:39] How premiums played out in Q2 

[09:53] Asset classes 

[12:46] Sectors 

[19:40] If Q2 premiums didn’t do well, what do I do?

[24:25] Small companies vs. large companies 

[26:04] Takeaways 

[28:48] Outro 

In part two of our conversation about The Psychology of Money, by Morgan Housel, the Asset Builder team is getting into a good money mindset, sitting in discomfort, being less flashy, and more. True freedom isn’t being able to spend as much money as you want when you want to; instead, it’s the ability to control your life. Focusing on your own journey to financial freedom doesn’t mean getting a flashy car to impress people. 

Since there’s no financial literacy classes in the high schools we went to (and most likely not where you went either), we hope you’ll tune in to learn more about shifting your mindset on wealth as we breakdown this gem of a book. Remember: true wealth isn’t what you see because most of the “wealth” you see is actually a depreciating asset. 

Connect with the Asset Builder team:

assetbuilder.com

[00:00] Show intro 

[00:28] Welcome to part two of the book breakdown!

[01:55] Ch. 6: Success doesn’t come 100% of the time

[08:40] Ch. 7: You can become a slave to stuff

[12:45] Ch. 8: The man in the car paradox 

[16:39] Ch. 9: Wealth is what you don’t see

[19:35] Ch. 10: Save your money

[24:05] The importance of financial literacy

[24:55] Free books!

[25:24] Wrapping it up

[25:52] Outro 

Is Keep It Simple turning into a book club? We’re breaking down The Psychology of Money by Morgan Hauser. Our conversation today is getting deep and meaningful, and goes way beyond money and financial status. We’re talking about some of our favorite parts from the book and key takeaways we have from each chapter.

Join us for part one of this conversation and don’t forget to check back for part two! We have nineteen chapters to get through together and you don’t want to miss it. From mindset to self-discipline to goal setting, this episode has value for the most seasoned investor to the newbie who is just starting out.

[00:00] Show intro

[00:29] Welcome to the show

[02:02] Today’s topic: The Psychology of Money

[04:20] Chapter one

[07:56] Chapter two

[14:13] Chapter three

[22:18] Chapter four

[28:22] Chapter five

[32:04] Make a plan

[32:41] Wrapping it up

[34:12] Outro

When you’re looking for a financial advisor, you are trying to find someone to trust with your hard earned money. Do a little research before you interview a potential advisor so you know what your investing philosophy is to find an advisor that matches your view. Really get to know your potential advisor’s qualifications and reasons for being in the business.

Having up front conversations between clients and advisors is imperative to prevent unnecessary road bumps along your investment journey. Asking the questions below will allow you as a client to find an investor that matches your investment philosophy and allows advisors to see if potential clients fit with their firm’s investment strategy. Connect with the team: podcast@assetbuilder.com assetbuilder.com/podcast

[00:00] Intro

[00:29] Things to ask your financial advisor

[03:43] What is your investing philosophy?

[08:27] Do you use technical analysis?

[11:16] Do you use market timing?

[15:36] Why are you in this job?

[21:09] Are you a fiduciary? What are their qualifications?

[22:57] Why do you feel you need a financial advisor?

[26:48] What is the biggest frustration with other advisors?

[27:32] How did you respond emotionally to the bear markets?

[32:11] Where should I be in a year?

[37:27] The most common question from potential comments

[40:51] Book recommendations and wrapping up

[42:20] Closing things out

Today on Keep It Simple we’re getting into a new law, The Secure Act 2.0. This law is the government’s way to remove obstacles to retirements to make it easier for the average American to save money for retirement. The Asset Builder team is explaining some of the changes this law brings that normal individuals should be aware of. 25% of American adults don’t have savings, so if you fall under that statistic the Secure Act 2.0 helps you out by allowing you to catch up on your retirement contributions.

Arguably the most important change that comes from the Secure Act 2.0 is the rules surrounding Roth accounts. We’re talking about Roth accounts in detail and these accounts can be huge assets to individuals. QCCs are also changing a little bit and are a great tool to use. Arguably the biggest change Secure 2.0 is making is requiring businesses to defer 3% of their employee’s incomes into retirement accounts. This law will change things for you, whether in big or small ways, so it is important for you to go talk to your advisor to find out how it’ll impact you.

Connect with the Keep It Simple team online at assetbuilder.com

[00:00] Show intro

[00:30] Welcome to the show

[02:01] Changes to the laws: Secure 2.0

[03:54] Why is the government changing retirement?

[07:35] The changes brought by Secure 2.0 individuals need to know about

[09:47] What is a catch up contribution?

[14:58] Matching towards your Roth IRAs

[18:50] The math behind Roth IRAs

[21:43] Qualified charitable contributions

[25:28] Requiring all companies to defer 3% to employee’s retirements

[29:01] Student loan forgiveness

[30:52] Go talk to your advisor

[32:19] Closing comments

We are welcoming Joey, a lead advisor here at Asset Builder, to this episode of Keep It Simple. Join us for a brain dump where we’re talking about inflation and debt. Inflation is starting to slow which indicates interest rates will slowly start coming down. We’ve all been on the struggle bus with the high cost of living that’s come with inflation, especially our grocery bills. We’re going to discuss some things we’ve done to help combat the cost of inflation. Alongside inflation, debt has been increasing. With auto and home loans, household debt has been steadily growing. So how do we start the conversation about it? Listen in to find out. Towards the end of this episode we’re pulling out our crystal balls and making predictions for where 2023 is going. 

Connect with Adam or Joey

Website- https://assetbuilder.com/

[00:00] Show intro 

[00:29] Welcome to Joey 

[02:35] Inflation: the one and only 

[08:47] Income vs. debt 

[15:46] Having conversations about debt with people 

[21:31] Predictions for 2023

[24:48] Some things Adam and Joey are handling from clients

[28:16] Wrapping it up 

On today’s episode of Keep It Simple, learn how to approach and interpret a return and what different returns mean. Return formulas can be confusing, and since they are invaluable we are taking the time today to break things down and go over the things you need to look for when evaluating your returns. You need to know what you’re measuring, what you’re measuring with, and what you’re measuring against. Our goal is to help you make good choices when you are looking at changing your approach to returns to help you profit later. Remember that you don’t need all the data in the world, just a good strategy and consistency. The more you understand the more at peace you will be, so let’s get to learning.

Get in contact with Adam or Janet by clicking the link below: 

www.assetbuilder.com/podcast

[00:00] Show intro 

[00:28] What we’re talking about today 

[01:15] The most common mistakes made with returns 

[03:23] Framework of mental checks when evaluating returns 

[09:14] Understanding the nature of the market 

[11:40] Knowing what you’re measuring with 

[14:47] Rolling returns 

[16:26] Why do rolling returns set better expectations?

[21:24] Knowing what you’re measuring against: benchmarks 

[29:32] The returns cheat sheet 

[33:47] Where to get more resources 

[34:33] Closing comments 

[35:02] Outro 

It’s never too early to start planning your future, so today we are talking about all things Medicare. We are breaking down all the parts of Medicare and explaining the pros and cons to the different paths you can take, as well as where to go if you need help sorting out your Medicare plan. Connect with Adam or Janet at their website, www.assetbuilder.com/podcast

[00:00] Disclaimer/show intro

[00:28] Episode intro

[01:21] The body line of the episode

[03:47] Medicare and it’s structure

[07:31] How do you know when it’s time to enroll in Medicare?

[09:26] Why start Medicare right at 65?

[11:28] Part A and B: why are they separate and what are they?

[14:47] Shopping based on premiums vs. company vs. customer service

[18:09] What is Medigap and how to utilize it

[23:19] Decision tree in regards to Medicare

[26:08] Resources for learning about Medicare

[31:19] Janet’s personal experience with Medicare

[35:16] Closing comments

[37:06] Wrap up and outro

Investment Advisor Representatives Adam Morse and Janet Griffith discuss the recent Student Debt Relief plan announced by the White House and what it means for millions of Americans as well as the American economy.

www.studentaid.gov/loan-simulator

Have an idea for an episode? Email us!

podcast@assetbuilder.com

Adam Morse and Janet Griffith discuss the ins and outs of social security and how to prepare ourselves for whatever the future holds. 

Have an idea for an episode? Email us! 

podcast@assetbuilder.com

Adam Morse and Janet Griffith respond to a well-known innovator billionaire, Elon Musk, who recently tweeted that Index investors are misallocating funds in the market. Listen to Adam and Janet's rebuttal on another exciting episode of Keep it Simple. 

Have an idea for an episode, email us! 

Podcast@assetbuilder.com

Investment Advisor Representatives Adam Morse and Janet Griffith discuss the history of stagflation and how it affects our economy today. 

Have an idea for an episode? - email us and let us know

podcast@assetbuilder.com

Adam Morse and Janet Griffith know a volatile market can challenge your mettle – especially if you're retired. But they also know that the investors that stick it through come out ahead in the long run. Today we offer a gentle reminder to ignore the headlines and follow the historical data instead. 

Have an episode suggestion? We want to hear it. 

Podcast@assetbuilder.com

Polls say that half of Americans don't invest their money at all. Adam Morse and Janet Griffith discuss and refute common arguments against investing in the market.

Have an idea for an episode? Email us at 

Podcast@assetbuilder.com 

Responses To 10 Common Arguments Against Investing (Article by David Booth)

https://www.popular.com/en/popularone/articles/investments/responses-to-10-common-arguments-against-investing/

Adam Morse and Janet Griffith deconstruct great quotes from great investors and extract lessons for us to use in our own investment lives. 

Have an idea for an episode? Email us at 

Podcast@assetbuilder.com 

Adam Morse and Janet Griffith discuss a list of helpful things you can do to get your finances a little more organized and optimized for the future. 

Have an idea for our next episode? Email us at podcast@assetbuilder.com

How should we approach the idea of taxes? What are the main types of taxes in play when we start investing? Today, investment advisor representatives, Janet Griffith and Adam Morse answer these questions and more in another taxy-turvy episode of Keep it Simple. 

Have an idea for our next episode? Email us at podcast@assetbuilder.com

Many children may want their parents' inheritance - but how many of them are prepared to handle such a large sum of money? Janet and Adam discuss how to prepare your heirs for your inheritance. 

Have an idea for our next episode? Email us at podcast@assetbuilder.com

Janet Griffith and Adam Morse discuss whether we should worry about current rate hikes. Should we freak out - or chill out? Find out today in another knowledge-packed episode of Keep it Simple.

Have an idea for our next episode? Email us at podcast@assetbuilder.com

Find all show notes at assetbuilder.com/podcast

Today Andrew Hallam discusses his new book Balance, how to invest and spend for happiness, health, and wealth. Pick up a copy today! 

Have an idea for our next episode? Email us at podcast@assetbuilder.com

Find all show notes at assetbuilder.com/podcast

Today, Janet Griffith and Adam Morse discuss how to understand a market crash at the beginning of retirement.  Should you run to cash— or remain in the market? Find out today in another info-packed episode of Keep it Simple.

Have an idea for our next episode? Email us at podcast@assetbuilder.com

Find all show notes at assetbuilder.com/podcast

Today we ask: how much of your income should you be investing? Is there a universal magic percentage or formula— or is it just a matter of investing what you CAN invest? And should you pay off all of your debt before investing anyway? Find out today on another informative episode of Keep it Simple. 

Have an idea for an episode? Email us at: 

Podcast@assetbuilder.com

It seems obvious, even elementary, but today Adam Morse and Janet Griffith take note of how astounding a difference compound interest can make in your financial life— positive or negative.

Based on an article by Motley Fool

Have an idea for our next episode? Email us at podcast@assetbuilder.com

Find all show notes at

assetbuilder.com/podcast

Some studies show that women tend to earn slightly better returns than men— but why is that? Is it that girls rule and boys drool? Or is it that women have that have natural tendencies that lead to slightly more favorable investment outcomes? Find out today on another exciting, chair-gripping, knowledge-inducing episode of Keep it Simple.  

Links to studies used in today's episode:

The same but different: Gender differences in retail investor behavior (2020)

2021 Women and Investing Study (2021)

Do you have a topic that you would like discussed in our next episode? Email us at podcast@assetbuilder.com

Find all show notes at

assetbuilder.com/podcast

Investment bias can lead us down paths that seem logical but ultimately work against us. To put it in a more positive light, managing these biases can help improve performance. Today, Adam Morse and Janet Griffith help us understand our investment biases. 

Charles Schwab Survey 

https://www.yahoo.com/now/befi-barometer-2021-advisors-witness-120000773.html

Have an idea for an episode? We'd like to hear from you! Email us:

podcast@assetbuilder.com

It’s easy to find investment advisers that are more self-interested than they lead you to believe. Adam Morse and Janet Griffith discuss the big red flags to look for so you don’t get stuck with one of these kinds of advisers.

Conduct a background check on any investment professional at:

https://www.investor.gov/

List of red flags:

https://www.investor.gov/protect-your-investments/fraud/how-avoid-fraud/red-flags-investment-fraud-checklist

Have an idea for an episode? We'd like to hear from you! Email us:

podcast@assetbuilder.com

As many people approach retirement age, they often wonder what to do with their company 401(k).  Should you leave it there and forget about it? Is it worth the hassle of moving it elsewhere? Today, Investment advisors, Adam Morse and Janet Griffith talk about the ins and outs of rolling over your 401(k).

Have an idea for an episode? We'd like to hear from you! Email us:

podcast@assetbuilder.com

FAQ faceoff questions provided by:

https://www.nerdwallet.com/article/investing/401k-rollover-ira-guide

Can't find your 401(k)? Start here:

Unclaimed.org 

RIA, Adam Morse, offers a few more lessons after hearing stories of financial and investing missteps from around the web. He even tells a tale of his own.

Taken from badinvestments.com. Link to article: 

https://badinvestmentsadvice.com/whats-your-investing-horror-story/

Have your own investment horror story? Email us at

podcast@assetbuilder.com

Today, Adam Morse listens to four investing/financial mishaps and identifies the lessons learned from each horrific story.

Taken from badinvestments.com. Link to article: 

https://badinvestmentsadvice.com/whats-your-investing-horror-story/

Have your own investment horror story? Email us at

podcast@assetbuilder.com

How do we understand, evaluate, rank, return on investments? Is the S&P really the best Benchmark? Find out today in another jam-packed episode of Keep it Simple.  

Have an idea for an episode? We'd like to hear from you! You may also offer any episode corrections or comments. Email us at:

podcast@assetbuilder.com

Show notes

FINRA

https://www.finra.org/investors/learn-to-invest/key-investing-concepts/evaluating-investment-performance

It's easy to find ourselves making compulsive decisions under duress— and that is especially true of investors. Adam Morse talks candidly on how to keep a steady footing during market volatility and how to wrangle our emotions to keep our investment strategy on track. 

Have a suggestion for an episode topic? 

Email us at podcast@assetbuilder.com

Annuities are contracts issued and distributed (or sold) by financial institutions where the funds are invested with the goal of paying out a fixed income stream. But are they good for everyone? Find out on today’s episode with the great Michael French and Adam Morse. 

Find the show notes for every episode at assetbuilder.com/podcast

Email us with episode suggestions and comments at podcast@assetbuilder.com

Cryptocurrency is one of the most highly contested subjects in modern-day finance. Should you add it to your portfolio? Find out in today’s episode of Keep it Simple with Michael French and Adam Morse. 

Email us with episode suggestions and corrections at podcast@assetbuilder.com

Find our show notes for every episode at assetbuilder.com/podcast

What is inflation, and what influences it? What is hyperinflation? And why, as investors, should we care? Michael and Adam discuss this along with how to fortify your portfolio against changes in inflation. 

Have an episode suggestion or correction? Email us at:

Podcast@assetbuilder.com

Show notes:

assetbuilder.com/podcast 

There are endless considerations to make when picking the right time to take social security. Is it better to delay? What happens if you take it at 62? Find out all of this and more in another knowledge-packed episode of Keep it Simple. 

Have an episode suggestion or correction? Email us at:

Podcast@assetbuilder.com

Show notes:

assetbuilder.com/podcast 

Michael and Adam discuss and debate the quality and quantity of modern-day financial news and analysis. Is the media helping us make intelligent investment decisions— or are they just here to entertain us? Join us on another thoughtful episode of Keep it Simple. 

Do you have an interesting investment topic for Adam and Michael? Send us an email at podcast@assetbuilder.com

Find the show notes for every episode at assetbuilder.com/podcast 

Michael and Adam pinpoint useful ways to reduce your tax bills during (and long before) retirement.  

Email us with any corrections or episode suggestions at podcast@assetbuilder.com 

529s can be especially complicated because their rules and regulations vary from state-to-state. Michael and Adam break down 529 accounts; their parameters, benefits and drawbacks; and how they function within the state of Texas. 

Today, Kennon and Michael discuss how to "right-size" (not downsize) your living situation in order to better prepare for retirement. 

Show Notes

assetbuilder.com/podcast

Email us with episode suggestions at:

podcast@assetbuilder.com

Show notes can be found at assetbuilder.com/podcast

Please email us with any suggestions for future episodes at podcast@assetbuilder.com

Kennon and Michael discuss four risks that could hamper your retirement in the long run. 

Show notes can be found at assetbuilder.com/podcast

Please email us with any suggestions for future episodes at podcast@assetbuilder.com

Michael and Adam talk about whether or not it is a good idea to cash out during moments of volatility in order to avoid potential losses. 

For links to studies visit our show notes at:

assetbuilder.com/podcast

Email us with any tips, studies, comments or suggestions at:

podcast@assetbuilder.com

Michael and Adam discuss whether ESG portfolios are really responsible or if conscious investing is just another Wall Street gimmick. The conversation evolves into an overarching discussion on morality.   

Find links to studies and articles in our show notes!  

Email us with ideas and suggestions!

podcast@assetbuilder.com

Michael and Adam are back to offer their personal and professional antidotes on how to handle marital money matters. Do you and your partner have an interesting take on handling the family finances? Email us at podcast@assetbuilder.com and clue us in! 

Northwestern Mutual: Planning and Progress Study 2018

https://news.northwesternmutual.com/planning-and-progress-2018

Show notes

https://assetbuilder.com/podcast

Email us with any suggestions or questions at: podcast@assetbuilder.com

Studies show that mental cognition tends to decline as we age in retirement. Kennon and Michael discuss some useful ways to continue to train your mind during your post-career life. 

Early Retirement can Accelerate Cognitive Decline

https://www.sciencedaily.com/releases/2019/10/191029131506.htm

Show notes

https://assetbuilder.com/podcast

Email us with any suggestions or questions at: podcast@assetbuilder.com

Michael and Adam are back to discuss whether or not it’s a good idea to add innovation companies into your portfolio. They also discuss what characteristics constitute an “innovation” fund. 

Ark Invest

https://ark-funds.com/

Investing in Innovation  

https://www.franklintempleton.com/forms-literature/download/FDTF-BR

Show notes

https://assetbuilder.com/podcast

Email us with any suggestions or questions at: podcast@assetbuilder.com

AssetBuilder's own Kennon Grose and Michael French discuss how to financially prepare your loved ones in the event of your sudden passing. Both Michael and Kennon provide key points, while offering their own personal antidotes. 

Show notes

https://assetbuilder.com/podcast

Email us with any suggestions or questions at: podcast@assetbuilder.com

From ssa.gov, “the Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 1.3% in 2021, the Social Security Administration (SSA) announced last week.”

Michael and Adam discuss how that is assessed, what it means for retirees, and how to maximize social security for the future.

Here’s the announcement.

A Step-by-Step of How Social Security's COLA Is Calculated

https://www.fool.com/retirement/2019/03/09/a-step-by-step-of-how-social-securitys-cola-is-cal.aspx

Here's the Average Social Security Benefit in 2021

https://www.fool.com/retirement/2020/10/25/heres-the-average-social-security-benefit-in-2021/

Other References:

2018 Loss of Buying Power Study Social Security Benefits Lose 34% Of Buying Power Since 2000

https://seniorsleague.org/assets/2018-Loss-of-Buying-Power-Report.pdf

Consumer Price Index

https://www.bls.gov/cpi/questions-and-answers.htm#:~:text=The%20Consumer%20Price%20Index%20for%20Urban%20Wage%20Earners%20and%20Clerical,at%20least%20one%20of%20the

Why Social Security’s annual increase doesn’t actually keep up with cost of living

https://www.pbs.org/newshour/economy/making-sense/why-social-securitys-annual-increase-doesnt-actually-keep-up-with-cost-of-living

Show notes

https://assetbuilder.com/podcast

Email us with any suggestions or questions at: podcast@assetbuilder.com

Michael and Adam deconstruct the political standpoints between an an advisor and their client. How do your politics play into your investment? 

Partisan Impact on Economic Expectations

http://www.sca.isr.umich.edu/files/partisanimpact201709.pdf

Why Advisors Should Keep Politics Out of Portfolios

https://www.thinkadvisor.com/2018/04/05/keeping-politics-out-of-the-portfolio/

How To Shield Your Portfolio From Political Bias

https://www.forbes.com/sites/duncanrolph/2018/04/26/how-to-shield-your-portfolio-from-political-bias/#12be1bb57cdf

Hartford Study

https://www.hartfordfunds.com/investor-insight/investor-behavior-strategies/2020-election-survey.html

Podcast Show notes

AssetBuilder.com/podcast

Contact Us! 

Podcast@assetbuilder.com

In light of the current US presidential election, many investors wonder how the stock market will react to whoever wins the presidency. Michael and Adam look back in time to see how the market has reacted to past elections and they breakdown who and what also affects the market. 

Interactive Graph depicting the market during each presidency, starting with Hoover. 

https://www.dimensional.com/us-en/insights/how-much-impact-does-the-president-have-on-stocks

Why Stocks Don’t Care Who The President Is

https://assetbuilder.com/knowledge-center/articles/why-stocks-dont-care-who-the-president-is

Show Notes 

https://assetbuilder.com/podcast

The NASDAQ toppled down earlier in September worrying some investors that we may be headed for a tech crash. Michael and Adam discuss whether or not we are facing an imminent correction due to a tech bubble.

Aggregation Theory    

https://stratechery.com/aggregation-theory/

AssetBuilder Knowledge Center 

https://assetbuilder.com/knowledge-center

Keep it Simple Podcast Page

https://assetbuilder.com/podcast

email us at podcast@assetbuilder.com

Michael and Adam go head-to-head to see who knows more about the intricacies of trust funds. We sure learned a lot in this one and we know you will, too. 

Do you have questions or suggestions for Keep it Simple? Just email us at podcast@assetbuilder.com

Taken from a How Stuff Works article

https://play.howstuffworks.com/quiz/trust-funds-quiz

Supplemental Information

https://www.quicken.com/blog/trust-fund

AssetBuilder Knowledge Center

https://assetbuilder.com/knowledge-center

Show Notes 

https://assetbuilder.com/podcast

10 Frequently asked 401k Questions—Answered

Can I use my 401K before I retire? Can I contribute to both a 401K and IRA? Michael and Adam diligently answer 10 common questions about our 401Ks.

Have questions or suggestions for a new episode? Email us at podcast@assetbuilder.com.

10 Frequently Asked 401K Questions by Motley Fool

https://www.fool.com/retirement/2017/01/14/10-frequently-asked-401k-questions.aspx

John Bogle—The Little Book of Common Sense Investing (book)

https://www.amazon.com/Little-Book-Common-Sense-Investing/dp/1119404509/ref=bmx_1/132-5129669-6398206?_encoding=UTF8&pd_rd_i=1119404509&pd_rd_r=addd5950-6e36-4741-b5c2-a5ab415bacc2&pd_rd_w=4bqvm&pd_rd_wg=gJsFg&pf_rd_p=8cea7b83-adee-4ac8-bcfe-dcc442eb852a&pf_rd_r=D1VXHN1X3REC4TTARXC9&psc=1&refRID=D1VXHN1X3REC4TTARXC9

The Great Crash Ahead (book)

https://www.amazon.com/Great-Crash-Ahead-Strategies-2012-09-11/dp/B01K3KT4DU/ref=sr_1_2?dchild=1&keywords=The+great+crash+ahead&qid=1598458849&s=books&sr=1-2

Andrew Hallam—The Millionaire Teacher (Book)

https://www.amazon.com/Millionaire-Teacher-Wealth-Should-Learned/dp/1119356296/ref=sr_1_1?dchild=1&keywords=Andrew+Hallam&qid=1598458928&s=books&sr=1-1

The Broke Millennial

https://www.amazon.com/Broke-Millennial-Scraping-Financial-Together/dp/0143130404/ref=sr_1_1?crid=1MI10WUP5OKQ&dchild=1&keywords=the+broke+millennial&qid=1598459011&s=books&sprefix=THe+broke+mill%2Cstripbooks%2C176&sr=1-1

AssetBuilder Shownotes 

https://assetbuilder.com/podcast

Michael and Adam react to 4 unique investing horror stories that have happened to real people. Learn about some of the darker corners of the investment world. 

For the Kids! If you're a young teen looking to get a leg up on life—listen in! Michael and Adam breakdown how to get started in investing, because the name of the game is getting in early! 

AssetBuilder Knowledge Center

https://assetbuilder.com/knowledge-center

Show Notes 

https://assetbuilder.com/podcast

Michael and Adam discuss the importance of talking to our children about investing and finance at an early age—even offering personal antidotes about how they do so with their own children. 

Money habits are set by age 7. Teach your kids the value of a dollar now.

https://www.pbs.org/newshour/economy/making-sense/money-habits-are-set-by-age-7-teach-your-kids-the-value-of-a-dollar-now

Research Statistic on Financial Windfalls and Bankruptcy

https://www.nefe.org/press-room/news/2018/research-statistic-on-financial-windfalls-and-bankruptcy.aspx

Everything You Know About the Fate of Lottery Winners Is Probably Wrong, According to Science

https://time.com/5427275/lottery-winning-happiness-debunked/

Inheritance and Saving

https://www.nber.org/papers/w12569

Financial Education Impact 2017 Survey

https://www.nefe.org/research/research-projects/consumer-poll/2017/financial-education-impact-2017-survey.aspx

AssetBuilder Knowledge Center

https://assetbuilder.com/knowledge-center

Michael and Adam discuss the pros and cons of investing with an advisor in contrast to investing on your own. 

Vanguard—Assessing the value of advice. 

https://www.vanguard.com/pdf/assessing-value-advice.pdf

AssetBuilder Knowledge Center 

https://assetbuilder.com/knowledge-center

Michael and Adam discuss why the market continues to rise amid global disrupt and media sensationalism. 

Why Stocks Go Up— Even During Crisis https://mailchi.mp/734bf65a11b2/what-you-missed-on-assetbuildercom

How the S&P is not correlated to GDP (including chart):  https://www.bloomberg.com/opinion/articles/2020-06-09/stock-market-has-almost-always-ignored-the-economy

Chart showing largest 50 day S&P Gains and what happened 6 and 12 months later:  https://markets.businessinsider.com/news/stocks/stocks-biggest-50-day-rally-what-they-did-next-past-2020-6-1029282236?

Why Haven’t Stocks Crashed During The Economic Freeze? https://assetbuilder.com/knowledge-center/articles/why-havent-stocks-crashed-during-the-economic-freeze

Michael and Adam discuss and define inflation, how it should be understood, and what that means for your investment.

US inflation Calculator:  

https://www.usinflationcalculator.com/inflation/current-inflation-rates/

Are we seeing signs of deflation?

https://www.youtube.com/watch?v=X2F2Qg6m3Ic&t=649s

Inflation or Deflation—what happens next? 

https://www.youtube.com/watch?v=WFiJw6QoTL4&t=697s

Knowledge Center

https://assetbuilder.com/knowledge-center

Michael and Adam discuss the key indicators of a recovering economy and what that means for your investment.

NY Times Article

https://messaging-custom-newsletters.nytimes.com/template/oakv2?campaign_id=116&emc=edit_pk_20200512&instance_id=18415&nl=paul-krugman&productCode=PK®i_id=94146631&segment_id=27424&te=1&uri=nyt%3A%2F%2Fnewsletter%2F6b27f312-af62-4ac3-b058-87e81a8135a4&user_id=5feb0eea292dc4b269982e39c192c2cf

Knowledge Center

https://assetbuilder.com/knowledge-center

Our regular host correspondent, Michael French, chats with world-renowned author, Andrew Hallam to discuss a whole array of investment topics, including how to retire abroad.  

The Millionaire Teacher

https://www.amazon.com/Millionaire-Teacher-Wealth-Should-Learned/dp/1119356296/ref=sr_1_1?keywords=millionaire+teacher&qid=1565905064&s=books&sr=1-1

Millionaire Expat: How To Build Wealth Living Overseas

https://www.amazon.com/Millionaire-Expat-Wealth-Living-Overseas/dp/1119411890/ref=sr_1_1?keywords=millionaire+expat&qid=1564761510&s=books&sr=1-1

Website

https://andrewhallam.com/

Knowledge Center

https://assetbuilder.com/knowledge-center

World renowned author, Andrew Hallam, and I discuss his fascinating life, how to invest for a bright future and why we should stay away form market media headlines.

The Millionaire Teacher

https://www.amazon.com/Millionaire-Teacher-Wealth-Should-Learned/dp/1119356296/ref=sr_1_1?keywords=millionaire+teacher&qid=1565905064&s=books&sr=1-1

Millionaire Expat: How To Build Wealth Living Overseas

https://www.amazon.com/Millionaire-Expat-Wealth-Living-Overseas/dp/1119411890/ref=sr_1_1?keywords=millionaire+expat&qid=1564761510&s=books&sr=1-1

Website

https://andrewhallam.com/

Knowledge Center

https://assetbuilder.com/knowledge-center

The CARES act has provided an unprecedented stimulus to the US economy.  In this episode, Adam and Michael discuss the benefits in the CARES act and how those benefits may provide relief not only to individual Americans but also the impact on the overall economy. They also discuss the size of the stimulus in relation to other historic stimulus packages and explore what the potential impact may be to the economic recovery.

Retirement Withdrawals During Uncertain Times 

https://assetbuilder.com/knowledge-center/articles/retirement-withdrawals-during-uncertain-times

CARES Act overview 

https://home.treasury.gov/policy-issues/cares

Specific info for small businesses

https://www.sbc.senate.gov/public/index.cfm/guide-to-the-cares-act

Link to CARES act bill

https://www.congress.gov/116/bills/hr748/BILLS-116hr748enr.pdf

Short term economic effects of the cares act

https://budgetmodel.wharton.upenn.edu/issues/2020/4/8/short-run-effects-of-the-cares-act

Meet the Hosts

https://assetbuilder.com/podcast

Michael and Adam compare our current market/economic climate with past downturns and contextualize the possible repercussions. 

Michael and Adam discuss the impact of COVID-19 thus far and what that means for you as an investor. 

In this short episode, Michael and Adam definitionally distinguish ETFs and Mutual Funds and discuss which one may be more appropriate for your investment.  

Some investors say they can predict the market. Others say they can't. Is there individual merit to each approach? Or is one objectively better than the other? Adam and Michael explain. 

The US stock market has been on a huge upswing—but an inverted yield curve back in mid-2019 has left investors wondering: is a recession on the horizon? Michael and Adam discuss. 

Whether you've contemplated annuities or maybe you're enrolled in one today, learn something new about these insurance products and what they could mean for your post-career life.

Should you continue to work in retirement? How do you make sure you rebalance correctly? How do you understand the impact of medical costs? And, when is the best time to take social security?

Michael and Adam tackle 4 common missteps in retirement. 

Based on this article: https://www.investopedia.com/retirement/how-sabotage-your-retirement/

Millennials are saddled with more student debt than any previous generation. Will they be able to overcome that and retire at 65? RIA, Adam Morse, and CIO, Michael French dive in.