The Long Game

In this episode we talk about company benefits and how to maximize them with open enrollment being around the corner.  Your benefits are a huge part of your compensation so it is important to take them seriously and thin through: -which health insurance plan to use and why (HSA) -disability insurance -look into 401k and stock compensation Then we finish the episode talking about how to tach your kids about money, different exercises, tools, etc. and why it all starts with you as a parent. 

In this episode Thomas and Treyton start out talking about the difference between investing and gambling and how they really aren't the same thing at all. With gambling, the house always has more favorable odds and the more you play, the lower your chances of coming out on top is. With investing, it is the exact opposite. The longer you hold and invest (a diversified portfolio) the higher your odds of making money are. You can read the full blog post here https://thomaskopelman.com/2020/10/investing-is-not-gambling/.  Then we answer a question from our audience on how to save for short term goals. Most people don't segment out and save individually for each goal, you will hear us explain how and why it is so important to break up your savings goals. 

In this episode Thomas and Treyton talk about how personal finance is much more personal than it is finance.  We are told all the time what the best textbook financial decisions are, but the thing is real life is not lived in the spreadsheets. You need to make decisions that are best for you and your life.  We go into multiple examples of decisions that are not the most optimal but still can be the best for you. Then we end talking about credit cards, if you should use them, who shouldn't, and also about 0% interest cards as well as spreading purchases out over months. 

In this episode Thomas and Treyton talk about what net worth is, how to calculate it, and why it is the most important metric to track.  Then we chat about credit cards, tips for using them, if you should use 0% credit cards, etc.  If you liked this episode please leave us a review! 

In this episode you will hear Thomas and Treyton talk about why investing is completely different than when our parents were younger. We have instant access to info, influencers and famous people pushing investments, new return expectations, etc. Then we talk about the difference between ROTH and Traditional accounts and how to think through which one to use. 

In this episode Thomas and Treyton chat about 8 steps parents should take to improve their financial situation for their kids. The full blog post can be read at https://www.allstreetwealth.com/post/8-steps-to-set-up-your-family-for-success.  Then they answer a readers questions "should I invest in crypto?" And all the considerations and action items that should be done before you start investing in crypto. 

In this episode Thomas and Treyton start by answering a question from the audience "should I invest or pay off debt."  Then we dive into the topic "Why Hire an Advisor In Your 20's and 30's," people oftentimes say that its simpler because these people are younger, but that is not true. Age and size of investments does not determine complexity. Young people are going through so many life changes, and it is important to have a partner help you get these financial decisions right. 

In this episode Thomas introduces Treyton as a co-host of the podcast. Season 2 is going to be a little different than season 1, we are going to do shorter episodes that will focused on educating millennials on financial topics that are relevant to their lives.  We also share everything about our new firm, AllStreet Wealth! 

In this episode with Nate we talk about: The Orr fellowship, landing a job he wasn't sure he wanted but now he knows he needed Starting his multiple businesses, what he learned from each, growing them, etc. The power of having good mentors and how to find them

In this episode with Derick we talk: -Dericks journey from moving every couple years growing up, to playing college basketball, to playing for the Harlem Globetrotters, to creating his own business -How sometimes you have to hit rock bottom to really change -How he helps athletes reach their full potential through their mindset and how you can too