Something More With Chris Boyd Show Podcasts

Chris and the AMR team is joined by Bruce Monrad of Northeast Investor's Trust to discuss portfolio management strategies, the Fed, high-yield bonds, and and many other financial topics. 

Chris, Scott, and Jeff discuss a recent Kiplinger survey asking retiree’s (or those near retirement) how the pandemic has had an  impact on their finances: What are they more worried about? What impact has the pandemic had on their retirement? What are their financial goals for the next year? Jeff discusses the upcoming Something More Mentoring Program and seminar “Financial Impacts of Proposed Policy Changes from Washington, D.C.”. Register at 508-771-8900 or email clientservices@AMRfinancial.com.

Did you forget about a 401(k) that you established with a prior employer? It’s best to take care of the 401(k) within a year of leaving the company. Options include rolling the funds over into an IRA (preferred) or to the new employer’s retirement plan. AMR is offering a complimentary financial review of your 401(k) – with consultation on where to place the funds and how to diverse your investment. Call Scott Birmingham at 866-771-8901 to schedule your complimentary 401(k) review or visit us at https://amrfinancial.com/401k-complimentary-consultation/ to learn more.

Nicole Spencer, Executive Director and Kristen Boyd, Board Member of Heroes in Transition join Chris. Heroes in Transition provides transitional support, home modification assistance, and financial assistance to veterans, military members, and their families. Kristen Boyd and Sarah Daley are Co-Chairs of the “Stronger Together” 12th Annual Heroes in Transition Fall Gala. The gala will be held on Saturday, November 6th at the Seacrest Resort in Falmouth, MA to raise funds in support of the troops. Tickets may be purchased at heroesintransition.org, which include a buffet dinner, speakers, and a live auction.  

AMR discusses the Business Insider article “Men over 45 who identify as having 'excellent investment experience' are more likely to panic sell during a market downturn, MIT study finds.” and risk profiles. Brian reviews things to consider in the market: Covid, savings, wages, real estate, S&P 500, SPACS, inflation, durable goods, Evergrande, and the debt ceiling.

Jeff Perry discusses the recent events concerning Chinese company Evergrande with Brian Regan.  Jeff Tomaneng and Scott Birmingham join to answer listener questions from the Mailbag.

Jeff Perry hosts this week as we mark the beginning of the Fall season discussing Fall financial tips/moves to make.  Jeff is joined by Cathi Ingersoll, Jeff Tomaneng, and Scott Birmingham to discuss topics such as estate planning and Roth conversions.

Chris and Brian review the scorecard that AMR developed to help those interested in ESG (Environmental Social Governance) investing. It ranks companies based on their cost, performance, and degree to which they have eliminated various “sin” products. Communication and goal setting is critical for couples when it comes to financial planning as individuals have different beliefs and habits about how to handle money. Prenups are becoming increasingly popular, especially for couples entering a second marriage. Gifting appreciated stock as a Qualified Charitable Distribution may be better served than selling it, taking the capital gains hit, and then donating it. AMR talks about Qualified Charitable Distributions and Donor Advised Funds.  

Chris and Jeff Perry discuss the House Tax Proposal and how it could affect personal finances, they cover – personal income, corporate income, capital gains, estates and gifts, cryptocurrency, and electric vehicle purchases. They also discuss Social Security. The good news is that the cost-of-living increase (COLA) for Social Security is expected to be 6.2% in 2021. The bad news is if nothing changes to Social Security there could be a significant decrease to benefits in 2034.

Chris and Scott think back to their own experiences witnessing the 911 attacks. Scott fills us in on some recent developments in the Nashville market. 

Chris and Brian share financial metrics in 2001 as compared to today, including the Federal Budget, the US GDP, the S&P 500, the Dow Jones, and housing prices. Chris and Jeff discuss new government programs implemented since 911, including Homeland Security, ICE, the Patriot Act, and more.

Chris welcomes Mark Skala, CEO of Cape and Islands United Way and Dorothy Savarese, Chair and CEO of Cape Cod Five. This year’s Power of the Purse event, hosted by Women United, will be held on September 22nd. Dorothy is this year’s recipient of the Women of Impact award and will be honored at the event. Proceeds from the Power of the Purse are directed to programs encouraging self-sufficiency for women.

Asset Management Resources, LLC commemorates September 11, 2001. Brigadier General James (Jim) LeFavor tells his story from a fighter pilot perspective. Jim was one of the F15 fighter pilots scrambled from Otis National Guard Base for the 101st Fighter Squadron to protect our Eastern seaboard on that fateful date. Listen to his riveting story. Chris and AMR team members share where they were on 9/11.

Brian shares what he worries could slow the market down and why, including deflation, geopolitical events, extreme overvaluations and over speculation. Chris and Brian also talk about overseas company valuations and if they are a good investment at this time. With Labor Day representing the unofficial end of summer, the AMR team shares their favorite events from the summer.

In honor Labor Day AMR focuses on the unemployment numbers and how they are measured, reasons why businesses can’t find employees and perks that they are offering, and the hottest jobs over the next five years.

Brian Regan and Jeff Perry join Chris. They discuss the strong corporate earnings and business shifts as a result of Covid. A client asks for advice on where to place funds from the sale of a secondary inherited home since markets are at all-time highs.

Chris talks with Dorian Mintzer, M.S.W., Ph.D., a well-known authority on retirement speaking and coaching. They discuss the importance of retiring from something and to something. Longer lifespans can be an opportunity to use skills in a new way. Don’t internalize all of the myths about aging, keeping active and engaged can help towards living a healthy and fulfilling life at any age.  

Jeff Perry hosts for Chris this week. With students getting ready to go back to school, Jeff Tomaneng talks about ways that people save for college and how a 529 plan works. Brian explains Fed tapering, which has been in the news recently. Tapering is the slowing down of quantitative easing that the Federal Reserve has been doing to keep interest rates low since the beginning of the Covid crisis. Brian also discusses inflation concerns and unemployment.

Jeff Perry hosts for Chris this week. He and Scott talk about getting ready for retirement. They discuss including shifting from a savings to creating a paycheck mentality and other factors to consider. They also discuss RMDs and the benefits/considerations for a ROTH conversion. If considering a Roth conversion, determine it is more beneficial to pay taxes now or later. 

Chris, Jeff, and Cathi talk about the book “The Millionaire Next Door” and the difference between Wealth and Affluence. Wealth represents accumulated assets, whereas affluence is a lifestyle based on a high income. Wealth can be inherited or earned through a disciplined savings plan for people of any financial means. Affluence can be lost due to overspending, or loss of employment and/or other income. In recognition of Financial Awareness Day, Cathi asks Chris, Brian, and Jeff Perry some financial trivia questions. Listen in to see how many you know the answers to.