Stay Wealthy San Diego

The original interview aired on Stacking Benjamins 12-26-2017 As some know, the last several years have been a roller coaster for my family. We poured our life savings into our first home and things didn’t quite go as planned. The good news? It was just money. And it was just a house. It could have been much worse and we reminded ourselves of that every day. That chapter of our life is now behind us and I had the opportunity to laugh and vent about it on one of the top business/finance podcasts last year.  Thanks for Listening Be sure to subscribe on iTunes, Stitcher, Spotify, Android, or wherever you get your podcasts.  And feel free to drop us a line at podcast@staywealthsandiego.com DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional services.

Right now is the perfect time to start thinking about your 2018 tax bill. Not year-end. Not the first week of April just before you meet with your CPA. Right. Now. With some proper planning, you can make some strategic moves that will help you save money on taxes today and in the future. Today, we’re sharing three tax strategies that are often overlooked or unknown to the general public. They include: Donor-Advised Funds Mega Backdoor Roth Asset Location We’ll explain what each of these are, why they can work for virtually anyone, and how to get started.  We also tackle a listener question about when it’s time to start working with a financial advisor. Links, show notes, and resources for this episode: www.youstaywealthy.com/30  DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional services.

Life insurance is wildly misunderstood and often oversold.  In today's episode, we take a deep dive into the world of life insurance to show you how to buy it the right way, saving you money, time, and future headaches.  We discuss: Why we buy life insurance to begin with How to know when you need it What types of life insurance you should consider Where to buy it to make sure you're getting a good deal. Plus, why you might not want to buy life insurance through your employer. As a bonus, we also share some resources for finding insurance money out there that you are entitled to. We also tackle a listener question about 529 college savings plans and the proper way to get one set up for kids and grandkids. Links, show notes, and resources for this episode: www.youstaywealthy.com/29  DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional ser

In today's episode, we review the major reasons you should consider including international stocks in your investment portfolio. (Hint: it's not for a higher rate of return.) In addition, we discuss: How to invest in international stocks What asset classes belong in a portfolio and what asset classes should be removed The proper percentage to allocate to each asset class How to implement this portfolio on your own A look at our portfolios and how we construct them Links, show notes, and resources for this episode: www.youstaywealthy.com/28  DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional services.

Today, we are taking questions from you, the listener. We asked you what keeps you up at night and what's been on your mind and you responded with some fantastic questions. Some of the topics we explore in today's episode include: Saving for retirement after you have maxed out your company plan (i.e. 401k, 457, 403b) Whole life insurance and why it's probably not a good savings tool The power of the HSA (Health Savings Account) Bitcoin and cowboy accounts Buying versus renting a home Show notes: www.youstaywealthy.com/26 

Search "dividend stocks" and Google will return over fifty million results in less than half of a second. Dividend stocks have long been referred to as a solid investment strategy. Not because of their historical performance or tax efficiency but because they tell a good story. Unfortunately, when you really dig down into the numbers and compare dividend investing to the alternatives, the story falls apart. In today’s episode, we’re going to take a deep dive into the world of dividend-paying stocks and what you should be thinking about by exploring: What a dividend is Why people gravitate towards dividend paying stocks 5 reasons most people should avoid dividend paying stocks Alternative ways to create more value and income in your portfolio through Total Return Investing If you want to better understand dividends and learn about the right way to generate income with your portfolio, you’re going to want to listen to all of today’s episode. Show notes: www.youstaywealthy.com/25  DISCLAIMER: This podcast is f

Just about everyone saving for retirement is faced with the option: Traditional or Roth.  It doesn't matter if you are saving for retirement through an Individual Retirement Account (IRA) or a company-sponsored plan like a 401(k) or 403(b). You typically have the ability to choose between these two options. Unfortunately, most people default to choosing the wrong option and they could be missing out on tens of thousands of extra dollars in their retirement accounts. In today's episode, you will learn: Why we put money in retirement accounts to begin with The rules of thumb for choosing a retirement account and why you might not want to follow them Which type of retirement account - Traditional or Roth - is the best option (for most people) The flipside of the argument so you make an informed decision about what is best for you A common misconception about retirement accounts and how to address this One super simple trick for choosing the best investment options in your retirement account If you want to save

Should You Sell Stocks Now? After 9 years of stock market gains, many of you are wondering if now is a good time to sell your stocks. We know this because the blog post we wrote on the topic received a ton of attention. So, today, we are tackling that question. A few things to think about before deciding if now is the time to sell your stocks. How does this fit into your time horizon and long-term financial goals? If you’re investing for a time period of fewer than 10 years, are you taking too much risk by investing in stocks? Will you be able to get the long-term investment returns you need by selling stocks now? This and more in today's episode.  Find show notes and more information at: www.youstaywealthy.com/23   DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional services.  

Jump into a conversation between Shannah Game and Taylor Schulte as they chat about the top five investing taboos that always raise questions, doubt, and insecurities. Shannah interviews Taylor to get his best advice on hot topics such as cryptocurrency investing and market corrections. He shares some simple advice and actionable tips that will help you ease into the investing world and navigate these tricky areas with more ease. Find show notes and more information: www.youstaywealthy.com/22   DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in the rendering legal, financial, or other professional services.  

In case you missed it, market volatility is back.  On January 26th, we saw the stock market go from hitting a record high to being down 10% (a.k.a the definition of a market correction) in nine days. Here's the thing: stock market corrections are normal. They happen about once every year. What's not normal is how quickly this one happened. Find show notes and more information at www.staywealthysandiego.com/19 DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in the rendering legal, financial, or other professional services.

As some know, the last four years have been a roller coaster for my family. We poured our life savings into our first home and things didn’t quite go as planned. The good news? It was just money. And it was just a house. It could have been much worse and we reminded ourselves of that every day. That chapter of our life is now behind us and I had the opportunity to laugh and vent about it on one of the top business/finance podcasts on iTunes this week, Stacking Benjamins with Joe Saul-Sehy.  Find show notes and more information at www.youstaywealthy.com/14  DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in the rendering legal, financial, or other professional services.