Boosting Your Financial IQ

Major stories developing on the global economic front, including:Spotify Layoffs BitCoin Booms (Again)Barkley layoffs Inflation is Eating into Savings Musk’s Meltdown Millei, Argentina’s President-elect Wants to Dollarize  Meta shares are officially for sale! Banking Examiner ShortageFinWeekly has all the details on trending market and financial news this week: Starting off, Spotify makes headlines with a significant workforce reduction, cutting 1,500 jobs—17% of its workforce, prompting discussions on the ethical dimensions of such moves. Bitcoin enthusiasts celebrate a surge beyond $42,000, fueled by SEC approval hopes for exchange-traded funds, but we explore potential risks and indicators to watch. Barclays contemplates layoffs in a $1.25 billion cost-cutting effort, impacting both employees and the broader market. Santander US Capital Markets highlights the real-world impact of inflation, eroding pandemic savings for 40% of Americans. Elon Musk's 'X' faces financial challenges as major advertisers pull out, questioning the platform's stability. Argentina's President-elect proposes an unconventional solution to hyperinflation—adopting the U.S. dollar. Mark Zuckerberg's Meta shares are up for sale, reflecting strategic decisions for the company. And lastly, we delve into the banking examiner shortage at the Federal Reserve and FDIC, exploring the potential risks within the financial system. Check out what this means for you in our latest episode! Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

Welcome to the Boosting Your Financial IQ podcast, where host Steve Coughran engages in thought-provoking conversations with industry leaders. In this captivating episode, Steve sits down with Nolan Bradbury, Founder of Bradfield Accounting, to explore the intriguing concept of "Thinking Like a Family Office." Together, they unravel the essence of a family office and the importance of building a team of trusted advisors. Join us as we delve into the significance of getting your financial house in order and shifting your mindset towards long-term thinking, focusing on legacy planning rather than solely covering expenses day-to-day. Nolan shares valuable insights on the importance of having your own financial statements and being prepared to seize opportunities that come your way. Get ready for an episode filled with informative guidance that will empower you to make sound financial decisions and pave the way for a prosperous future.Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

Major stories developing on the global economic front, including:Cyber Monday SurgeHolding the Line on InflationConsumer Confidence Bounces BackThe Dividend DilemmaTesla’s Bumpy RoadFueling SavingsFinWeekly has all the details on trending market and financial news this week: First up, Cyber Monday sales surged to an impressive $12.4 billion, surpassing expectations, fueled by robust Black Friday results and the growing popularity of buy-now-pay-later options. Shifting gears, economists brace for an extended period of high interest rates, driven by the Federal Reserve's focus on the core PCE index, while a surprising rebound in US consumer confidence brings a glimmer of positivity. However, cautionary tales emerge in the stock market as dividend-focused ETFs face unexpected challenges, showcasing the risks of market timing. In the auto market, green stocks struggle amid concerns about Tesla's position, influenced by higher interest rates and evolving regulations. And ending on a positive note, American drivers enjoy a 60-day decline in gasoline prices, providing relief at the pump and freeing up cash for holiday spending. Check out what this means for you in our latest episode! Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

Welcome to another enlightening episode of the Boosting Your Financial IQ podcast. In today's engaging discussion, our host Steve Coughran has a special guest, Dan Shea, Managing Director of Objective Capital Partners. Together, they delve into the intriguing topic of "How to Monetize Your Life's Work." Join us as we explore various aspects of selling a business and unlocking its true value. Discover how valuation is determined and why factors such as free cash flow play a pivotal role. Dan emphasizes the integration of strategy and finance in driving firm value, shedding light on what types of businesses are most attractive to sell in today's market. We'll also dive into the latest trends in the M&A space. Lastly, aspiring job candidates will gain valuable insights on how to prepare and break into the competitive field of investment banking. Get ready for an information-packed episode that will empower you to maximize the potential of your life's work.Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

Major stories developing on the global economic front, including:US Government Shutdown Averted! Nasdaq 100 Hits Two Year High Tokenized Finance: Fad or the Future? ECB Hints at a Stable Future The Global Housing Market LandscapeThe Black Friday Boycott Catch the latest market and finance updates in this episode of FinWeekly. In this episode, President Biden avoids a shutdown with a temporary spending bill, allowing for a two-month negotiation window. Meanwhile, the Stock Market experiences a Nasdaq 100 peak driven by a robust tech surge. Also, we explore the potential impact of tokenizing stocks and funds using blockchain technology in finance. And in Europe, the European Central Bank hints at a stable 4% interest rate. Meanwhile, globally, rising interest rates reshape the housing market, signaling a shift away from real estate as a guaranteed wealth generator. And last but not least, we unpack the unexpected economic shift anticipated for this Black Friday, as wealthier Americans cut back on spending, and further challenge a consumer-dependent economy. Read our expert insights now! Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

In an engaging episode of the Boosting Your Financial IQ podcast, esteemed host Steve Coughran engages in a thought-provoking conversation with Tony Greer, Editor of the Morning Navigator, focusing on the intriguing subject of "Successful Trading." Together, they delve into key aspects of the trading world and explore the reasons behind the staggering statistic that 97 percent of traders are not profitable. Additionally, they shed light on the technology required to embark on a trading journey in financial assets, outlining the essential steps to get started. The episode also provides valuable insights on how to achieve success in trading stocks and other financial assets. Join Steve Coughran and Tony Greer for a captivating discussion that demystifies the realm of trading and empowers listeners with essential knowledge and strategies for financial success.Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

Major stories developing on the global economic front, including: Wall Street Divided on Fed HikesUS Government Shutdown for Christmas?Wegovy Proves Health is WealthMoody’s Grim ForecastThe SECs Crypto Crackdown FinWeekly has all the latest news about the market and finance this week: In this week's episode, we navigate the dynamic landscape of Wall Street, dissecting contrasting opinions on the Federal Reserve's potential interest rate moves in 2024. Morgan Stanley and UBS advocate for significant cuts due to slowing inflation and a sluggish economy, while Goldman Sachs adopts a more cautious stance. Shifting gears, we explore the averted threat of a government shutdown on November 18, attributing the reprieve to House Speaker Mike Johnson's temporary funding proposal, emphasizing the importance of bipartisan cooperation for economic stability. Additionally, we delve into Novo Nordisk's financial triumph with their Wegovy weight-loss drug, witnessing a staggering $14.5 billion market value surge. Addressing economic concerns, we unpack Moody's recent shift in the US credit rating outlook, expressing apprehension about substantial deficits without spending cuts or increased revenue. Lastly, we highlight positive news for investors as the SEC flexes its regulatory muscles, securing nearly $5 billion in fines and paybacks during fiscal year 2023, particularly scrutinizing Wall Street and major players in the crypto arena. Stay tuned for more updates and insights.Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

In the Boosting Your Financial IQ podcast, hosted by Steve Coughran, listeners are taken on a journey to expand their financial knowledge and make informed decisions. One important concept discussed is the DuPont analysis. This analytical tool, named after the DuPont Corporation, helps investors and business owners understand the factors that contribute to a company's return on equity (ROE). By breaking down ROE into its key components, such as profit margin, asset turnover, and financial leverage, the DuPont analysis provides a comprehensive view of a company's financial health and performance. Steve Coughran explains why the DuPont analysis matters, highlighting its ability to uncover strengths and weaknesses, identify areas for improvement, and guide investment and business decisions. By implementing this analysis, listeners gain valuable insights into the financial aspects of their investments or businesses, enabling them to make more strategic choices for long-term success.Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

Major stories developing on the global economic front, including:Big News For BondsWhy Are Stocks Mixed?Too Old To Work (But Too Young To Retire) Inflation: Are We Out Of The Woods? Bankman Won’t Be Freed Musk Prepares for Robot SurgeryDon’t miss our discussion on top stories in the world of finance:  Bond markets challenge central banks' commitment to higher interest rates, with the Federal Reserve anticipated to make its first rate cut in June next year. Similar rate reductions are expected for the European Central Bank and the Bank of England before the end of 2024. Amidst these economic shifts, the stock markets are still volatile, and experts can’t seem to agree on why. Contrasting views from BlackRock and Morgan Stanley regarding the impact of rising interest rates and economic factors, underscore the current uncertainty. In addition, over 2 million more individuals have left the US workforce than initially projected, significantly impacting the labor market. Meanwhile, Neel Kashkari, the head of the Federal Reserve Bank of Minneapolis, advises caution in the ongoing inflation debate, stressing the importance of gathering more data before celebrating any success. Also on my radar: Sam Bankman-Fried, the founder of FTX, faces guilty verdicts on seven serious charges, including defrauding customers and involvement in securities and commodities fraud, as well as conspiracy to commit money laundering. And rounding off with some non-financial news, Elon Musk's Neuralink is pioneering groundbreaking brain surgery with help from a surgeon-assisted robot. Read more about what that means for the future of business (and healthcare) in the latest issue of FinWeekly.  Disclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com

In the Boosting Your Financial IQ podcast, hosted by Steve Coughran, listeners are taken on a journey to understand the fundamentals of finance. Steve Coughran, with his wealth of experience as a business owner, management consultant, and CFO, provides valuable insights and knowledge to empower individuals in their financial lives. One of the highlights of the podcast is the BYFIQ Financial Assessment, a free tool that allows you to gauge your financial literacy. By reviewing the answers to this assessment, Steve Coughran guides listeners towards a deeper understanding of personal finance and helps them improve their financial IQ. It's an invaluable resource for anyone looking to strengthen their financial knowledge and make informed decisions for long-term success. Take the assessment today and embark on your journey towards financial empowerment. Take the assessment here BEFORE this episode: https://www.byfiq.com/my-financial-iqDisclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.byfiq.com