35: Inflation, Wealth Management, and Scotch

An episode of the Invest Like a Boss podcast, hosted by Sam Marks Johnny FD Derek Spartz, titled "35: Inflation, Wealth Management, and Scotch" was published on January 4, 2017 and runs 91 minutes.

January 4, 2017 ·91m · Invest Like a Boss

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Summary

Dave Siegel is a Financial Advisor from Northwestern Mutual who focuses on holistic Wealth Management and Financial Planning. He joins us together from his office in West Palm Beach, Florida to discuss 14 different asset classes and how inflation may affect each one. Looking to protect your assets from a hyperinflation scenario? We discuss the best investments and ways to hedge against inflation. Dave's Links: Website Linkedin Recommended Books: G. Edward Griffin: The Creature from Jekyll Island Benjamin Graham: The Intelligent Investor Tonny Robbins: MONEY Master the Game MJ Demarco: The Millionaire Fastlane Discussed: ILAB 34: New Years Resolutions, Goals, Plans for 2017 ILAB 04 – Stan’s Brutally Honest Factual Expertise About Annuities ILAB 19 – Simon Black – Finding Outsized Returns Off the Beaten Path Show Notes: 05:00 – Dave’s background 06:30 – Learn your customer's blueprint 09:15 – Maintain your income 12:40 – Scotch 14:05 – Inflation for individuals & government 16:13 – Stocks 18:49 – Bonds 19:22 – Real estate 21:30 – Driving down Palm Beach 23:30 – Charity walk across Ireland 24:30 – Offset the tax burden 25:15 – REIT pros and cons 28:48 – Precious metals 29:50 – Cash and emergency funds 34:00 – Distribution problem 36:00 – How advisors get paid 38:50 – Inflation protection securities 41:20 – Peer to peer loans 42:30 – Annuities and life insurance 50:00 – Brewery success 55:30 – Weight loss 57:15 – Cryptocurrency 59:00 – Sam’s fitness tips 1:00:20 – Rare art, cars, and domain names 1:01:50 – Life insurance 1:11:00 – Johnny’s plan for inflation 1:12:50 – Internet bank 1:14:45 – Christmas in Cuba with no money 1:22:30 – Sam’s Inflation concerns 1:24:35 – Fundrise fixed variables 1:26:40 – Inflation protection options 1:27:50 – Vanguard bond funds 1:29:00 – iTunes shout outs! If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here! Copyright 2016. All rights reserved. Read our disclaimer here.

Episode Description

Dave's Links:

Website

Recommended Books:

G. Edward Griffin: The Creature from Jekyll Island

Benjamin Graham: The Intelligent Investor

Tonny Robbins: MONEY Master the Game

MJ Demarco: The Millionaire Fastlane

Discussed:

ILAB 34: New Years Resolutions, Goals, Plans for 2017

ILAB 04 – Stan’s Brutally Honest Factual Expertise About Annuities

ILAB 19 – Simon Black – Finding Outsized Returns Off the Beaten Path

Show Notes:

05:00 – Dave’s background
06:30 – Learn your customer's blueprint
09:15 – Maintain your income
12:40 – Scotch
14:05 – Inflation for individuals & government
16:13 – Stocks
18:49 – Bonds
19:22 – Real estate
21:30 – Driving down Palm Beach
23:30 – Charity walk across Ireland
24:30 – Offset the tax burden
25:15 – REIT pros and cons
28:48 – Precious metals
29:50 – Cash and emergency funds
34:00 – Distribution problem
36:00 – How advisors get paid
38:50 – Inflation protection securities
41:20 – Peer to peer loans
42:30 – Annuities and life insurance
50:00 – Brewery success
55:30 – Weight loss
57:15 – Cryptocurrency
59:00 – Sam’s fitness tips
1:00:20 – Rare art, cars, and domain names
1:01:50 – Life insurance
1:11:00 – Johnny’s plan for inflation
1:12:50 – Internet bank
1:14:45 – Christmas in Cuba with no money
1:22:30 – Sam’s Inflation concerns
1:24:35 – Fundrise fixed variables
1:26:40 – Inflation protection options
1:27:50 – Vanguard bond funds
1:29:00 – iTunes shout outs!

If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5 star review on iTunes and claim your bonus here!