Dennis D, the Executive Director of the Father McKenna Center, shares his inspiring journey from homelessness to leadership in this engaging conversation. The highlight is the phenomenal $60,000 raised from the community for a worthy cause. Listeners delve into the real implications of bond allocations and the future status of the U.S. dollar as a reserve currency. The episode also covers personal investment strategies for retirement, urging thoughtful action amid market changes. Join for a mix of heartfelt stories and insightful financial discussions!
49:17
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
question_answer ANECDOTE
Dennis D's Transformational Journey
Dennis D was homeless when he arrived at the Father McKenna Center and received support for three months.
He later became Executive Director, demonstrating transformation through the center's services.
question_answer ANECDOTE
Top of the T-Shirt Campaign Success
The Top of the T-Shirt campaign raised nearly $61,000 from around 100 donors nationwide.
A $15,000 matching gift triggered an overwhelming response beyond expectations.
insights INSIGHT
True Warriors Are In The Arena
Theodore Roosevelt's "Man in the Arena" truly honors those working daily with limited resources to tackle homelessness.
True warriors are not behind screens but those actively serving vulnerable populations.
Get the Snipd Podcast app to discover more snips from this episode
In this episode we break rules and have guests! Dennis and Ben from the Father McKenna Center. We review the fabulous results of the Top of the T-Shirt Campaign and reflect on the generosity engagement of our listeners.
Then we answer emails from Jamie, Camille and Jon. We discuss Jamie's portfolio experiments, bond allocations in a 403b, musing about changes in the reserve currency status of the US Dollar and transitioning issues.
And THEN we our go through our weekly and monthly portfolio reviews of the eight sample portfolios you can find at Portfolios | Risk Parity Radio.
What happens when a finance podcast community rallies around a worthy cause? Something extraordinary. In this special episode, we break our "no guests" rule to welcome Dennis D and Ben Hoffschneider from the Father McKenna Center, where they share the remarkable story behind our recent fundraising campaign.
Dennis's journey will stop you in your tracks – from arriving at the center homeless after a 24-hour bus ride from Florida to eventually becoming its Executive Director. His powerful testimony shows how organizations like the McKenna Center transform lives daily. When our listener "Matthew63" stepped forward with a $15,000 matching challenge, none of us expected what would follow.
The results left everyone speechless: $60,969.83 raised (yes, down to the penny) from approximately 100 donors across the country. This campaign now represents 4% of the center's annual budget and has become their leading donor source for the fiscal year. As we reflect on Theodore Roosevelt's famous "Man in the Arena" speech, it becomes clear who the true warriors are – those doing the daily work with limited resources to address homelessness and food insecurity.
After our interview, we tackle several listener questions about portfolio construction. Jamie wonders about using VXX and SCO as bond replacements, Camille seeks guidance on holding treasury bonds in retirement accounts, and John asks about transitioning from target date funds to a more diversified approach. We close with our weekly portfolio review, noting gold's continued strong performance up 27.83% year-to-date.
Want to support the Father McKenna Center's work? Register for their Walk for McKenna on September 27th or follow them on social media to see your donations in action. The t-shirts featuring our logo will be available mid-September – a small reminder of what we can accomplish together.
Risk Parity Radio