Join Karl Eggerss as he uncovers the investment advice of one of the world’s wealthiest individuals. This billionaire believes his widow should invest nearly all their fortune in a single type of investment. Tune in to find out who this influential figure is and what his recommendation entails. Remember, what works for a billionaire might not be the best choice for you and your family. Topics covered in this episode include: Warren Buffett Asset Allocation Stocks For topic suggestions or questions, e-mail [email protected] #warrenbuffett #assetallocation #stocks #captrust @CAPTRUST

With the election behind us, the stock market has soared to new record highs. But can this momentum continue? In this episode, Karl Eggerss delves into the reasons behind the market rally, what might happen next, and how you should approach your portfolio moving forward. Additionally, Karl provides a comprehensive update on the recent changes to retirement plan contribution limits. Topics covered in this episode include: Election Investments Tax Changes For topic suggestions or questions, e-mail [email protected] #election #investments #taxchanges #captrust @CAPTRUST

In this podcast, Karl Eggerss discusses the complexities and potential pitfalls of annuities. He shares his experiences of seeing many people pushed into these products without fully understanding them, only to later discover high annual fees and significant surrender penalties. Eggerss also highlights the issue of insurance salesmen encouraging clients to switch annuities for higher commissions. However, he emphasizes that not all insurance salesmen or annuities are bad; there are situations where annuities can be appropriate. He advises listeners to be cautious and ensure they fully understand annuities before committing. Topics covered in this episode include: Annuities TCJA Election Living Trusts For topic suggestions or questions, e-mail [email protected] #annuities #election #livingtrusts #TCJA #captrust @CAPTRUST

American stock investors have enjoyed exceptional returns in recent years. However, a major investment firm has issued a cautionary forecast this week. In this episode, Karl Eggerss breaks down the warning and its potential implications for you. Additionally, Karl shares valuable strategies to help you steer through these uncertain times. The subjects covered in this podcast are: Stock Market Diversification Financial Planning Asset Allocation For more information, go to https://www.creatingricherlives.com  #stocks #financialplanning #diversification #captrust @CAPTRUST

Tax minimization is a key aspect of financial planning, yet reducing capital gains can be particularly challenging due to limited strategies. Recently, Opportunity Zone Investing has emerged as an effective method to address this issue. In this episode, Karl Eggerss delves into how these investments function and when they might be the right choice for you. The subjects covered in this podcast are: Taxes Capital Gains Opportunity Zones Real Estate For more information, go to https://www.creatingricherlives.com  #taxes #realestate #opportunityzones #captrust @CAPTRUST

While much of the United States is dealing with the destruction of two massive hurricanes and the subsequent cleanup, investors may have to prepare for their own storm in the next few months. While nobody knows what the future holds in terms of financial market performance, there are several steps investors can take today to prepare for volatility and begin to protect their portfolios. The subjects covered in this podcast are: ·        Stock Market ·        Volatility ·        Hurricanes ·        Asset Allocation For more information, go to https://www.creatingricherlives.com  #stockmarket #volatility #assetallocation #captrust @CAPTRUST

This week, all attention was on the jobs report, and it delivered some positive news. For the first time in several months, the employment situation is looking up. Investors reacted by snapping up stocks and offloading bonds. Interestingly, it’s not just the usual stocks on the rise; the market is expanding, which is a positive development. Additionally, China is making a comeback. In this episode, Karl Eggerss breaks down the recent changes in China. The subjects covered in this podcast are: Jobs Report China Economy Estate Planning For more information, go to https://www.creatingricherlives.com  #jobsreport #economy #China #estateplanning #captrust @CAPTRUST

While investing can have several risks, proper asset allocation can help reduce those risks over time. However, many investors have biases which leads to avoiding certain asset classes and heavily weighting others. This can cause extra volatility and perhaps poor long-term returns.  In this podcast, Karl welcomes guest Casey Keller, CFA to the podcast to discuss which area of the market may offer a long term opportunity and how to properly diversify. The subjects covered in this podcast are: Asset Allocation Risk Management International Stocks For more information, go to https://www.creatingricherlives.com  #internationalstocks #riskmanagement #assetallocation #investing #captrust @CAPTRUST

After several interest rate hikes by the most aggressive Federal Reserve in history, the cutting began this week. The Federal Reserve cut interest rates by 0.5%, which surprised some. But, some interest rates actually went up on that day. Due to the large rally by the stock market on Thursday, it's causing some investors to have a fear of missing out. This FOMO is a recipe for disaster. Karl explains what to do in situations like these. The subjects covered in this podcast are: Interest Rates FOMO Asset Allocation Financial Plans For more information, go to https://www.creatingricherlives.com  #federalreserve #fomo #assetallocation #investing #captrust @CAPTRUST

Selling a company can be a transformative event, particularly in financial terms. In this episode, Karl Eggerss provides valuable insights on the numerous steps involved in such a transaction. Considerations include taxes, investments, estate and financial planning. Additionally, in this podcast, a friend and colleague of Karl Eggerss is honored with a special award. The subjects covered in this podcast are: - Business Sale - Lifestyle, Legacy, Philanthropy - Harriet Helmle Award For more information, go to https://www.creatingricherlives.com  #businesssale #financialplanning #investing #captrust @CAPTRUST

As the seasons shift, they bring both positives and negatives. Football enthusiasts, hunters, and fans of cooler weather welcome this change. However, for investors, September has traditionally been challenging, and this year is no exception. Yet, this doesn't imply the remainder of the year will follow suit. Karl delves into these topics in this episode. The topics discussed in this podcast include: Seasonal Risk Economy Federal Reserve For more information, go to https://www.creatingricherlives.com  #economy #federalreserve #investing #captrust @CAPTRUST

Many wine enthusiasts understand that a wine's flavor can vary from year to year due to various factors, such as the effect of weather on the grapes. Similarly, in the realm of investments, your assets also have different 'vintages.' The performance of a security or fund can significantly differ based on the timing of your investment. On this podcast, Karl Eggerss will explain ways to reduce that particular risk. The topics discussed in this podcast include: Vintage Risk Diversification Dollar Cost Averaging For more information, go to https://www.creatingricherlives.com  #vintagerisk #diversification #investing #captrust @CAPTRUST

It seems most investors when they retire want "mailbox money". But, is mailbox money all it's cracked up to be? On this podcast, Karl Eggerss explains why having too much income may be bad for your financial future. And, he'll help you think about how to diversify your portfolio. The topics discussed in this podcast include: Mailbox Money Income Retirement Planning For more information, go to https://www.creatingricherlives.com  #mailboxmoney #income #investing #captrust @CAPTRUST

Over the past few years, inflation and the Federal Reserve's response to it have been the primary concerns for most investors. However, there has been a recent shift in focus. In this episode, Karl Eggerss discusses the reasons behind this change. Additionally, he addresses how the market can swing from panic to recording the best week of the year. All these topics are explored in detail in this episode. The topics discussed in this podcast include: - Inflation - Stock Market Turnaround - The News and Stock Returns For more information, go to https://www.creatingricherlives.com  #investing #captrust @CAPTRUST

If you didn't pay attention to the stock market this week, you might have missed it. There was a stock market that crashed and it was the second worst day in its history. On this episode, Karl Eggerss explains what it was, why it happened, and why doing nothing about it wasn't a bad idea. But, are we out of the woods? Perhaps not.  The topics covered in this podcast include: Stock Market Crash Carry Trade Economy For more information, go to https://www.creatingricherlives.com  #stockmarketcrash #carrytrade #economy #investing #captrust @CAPTRUST

Investors have been attempting to predict the timing of the initial interest rate reduction by the Federal Reserve. Friday's disappointing employment report not only solidified the likelihood of an interest rate cut, but also raised the chances of a more substantial cut. Although the stock market experienced a challenging week, bond bulls have returned with vigor. In this podcast, Karl Eggerss discusses his observations and strategies for navigating the potentially volatile upcoming weeks in the financial markets. The topics covered in this podcast include: - Interest Rates - Recession - Stocks For more information, go to https://www.creatingricherlives.com  #recession #interestrates #stocks #investing #captrust @CAPTRUST

The political landscape has been turbulent lately, accompanied by mixed signals on the economic front. As a result, investor sentiment has been highly volatile, with rapid shifts between aggressive buying and selling. In this episode, Karl Eggerss offers insights on navigating such uncertain times in the market. Topics discussed on this podcast: Election Small Cap Stocks Stock Market Rotation For more information, go to https://www.creatingricherlives.com  #captrust @CAPTRUST

When looking for financial advice, have you been told "You need this" or "Read this pamphlet"? Oftentimes, salespeople are disquised as financial advisors pushing products to individuals and couples. Authentic financial advisors give advice and help individuals and couples achieve their financial goals. They don't try to sell products.  On this podcast, Karl Eggerss explains what real financial planning should look like and how you can achieve a better retirement without needless products. Topics discussed on this podcast: Life Insurance Insurance Agents Annuities For more information, go to https://www.creatingricherlives.com  #captrust @CAPTRUST

A weaker than expected inflation report caused one of the largest one day rotations in the stock market in a very long time. Was it really the CPI report that caused it or was the rotation inevitable? On this podcast, Karl Eggerss answer this. Plus, there are several considerations when determining when to claim social security. But, should it be different for high net worth individuals?  Topics discuss on this podcast: Inflation Small Cap Stocks ' Stock Market Rotation Social Security For more information, go to https://www.creatingricherlives.com #smallcapstocks #socialsecurity #inflation #stocks #captrust @CAPTRUST

In "Starting Over: Finding Your Path After Divorce," we explore the emotional, practical, and financial challenges of rebuilding your life after a marriage ends. Join Karl Eggerss as he gives actionable steps to help you navigate this transformative journey. Whether you're dealing with the immediate aftermath, managing your finances, or looking to rediscover yourself and thrive, this podcast offers support, guidance, and inspiration for creating a fulfilling new chapter. Tune in to learn how to heal, grow, manage your money wisely, and embrace the opportunities that lie ahead. Topics discuss on this podcast: Divorce checklist Financial Planning Closed End Bond Funds For more information, go to https://www.creatingricherlives.com #divorce #financialplanning #closedendbondfunds #captrust @CAPTRUST

In this episode, Karl Eggerss and his special guest Casey Keller, CFA, delve into the essential strategies for maximizing your tax benefits and saving money. They uncover hidden deductions, credits, and tips that can make a significant impact on your financial health. Whether you're filing as an individual, a business owner, or a freelancer, this episode will equip you with the knowledge to optimize your tax return and ensure you're not leaving money on the table.  Topics discuss on this podcast: Tax Returns Tax Planning & Strategy Financial Planning For more information, go to https://www.creatingricherlives.com #incometax #today #listening #captrust @CAPTRUST

We all try to get the best return for the least amount of risk. But, why? Is there a goal? It sounds strange, but if you don't have a plan, you could actually end up with too much money. On this podcast, Karl Eggerss explains why with proper planning, you can have intentionality and full optimize every dollar. Topics discuss on this podcast: Net Worth Financial Planning Lifestyle, Legacy, Philanthropy For more information, go to https://www.creatingricherlives.com #today #listening #captrust @CAPTRUST

While it has been a tough few weeks for Karl Eggerss, it has revealed some lessons. On this episode, Karl shares his experience and why he is modifying his estate plan. In addition, the stock market is starting to narrow and investors may be preparing for an economic slowdown based on their actions. Karl reveals the asset class that is starting to break out. Topics discuss on this podcast: Estate Planning Medical Directives Bonds Economy For more information, go to https://www.creatingricherlives.com #estateplanning #medicaldirectives #today #listening #captrust @CAPTRUST

It's not the first time it has happened, But, this week, there was another flash crash. Originally blamed on the volatility in some of the meme stocks, it was later revealed a software glitch caused some well known stocks to drop more than 99% in just seconds. On this podcast, Karl Eggerss explains what happened and how it was resolved. Plus, a new stock exchange is coming to the lone star state. Topics discuss on this podcast: Meme stocks Flash Crash Texas Stock Exchange Economy For more information, go to https://www.creatingricherlives.com #memestocks #texasstockexchange #today #listening #captrust @CAPTRUST

Do you get your taxes prepared each year, just sign your return, and file it away? When was the last time you actually looked through it to check for mistakes? Or considered if the return offers insights to optimize your financial situation? In this episode, Karl Eggerss is joined by Fred Sloan, CFA. Fred is a principal and financial advisor at CAPTRUST in the Lake Success, NY office, with a wealth of experience in wealth management and tax analysis. Fred will share the top 10 items he examines on a tax return to gain valuable insights. This podcast will guide you through understanding your own return in an effort to optimize your financial situation. Topics discuss on this podcast: Income Tax Tax Returns Tax Planning For more information, go to https://www.creatingricherlives.com #incometax #taxes #today #listening #captrust @CAPTRUST

While some investors are fearing the election, you wouldn't know it by their actions. The Dow Jones passed 40,000 for the first time ever this week and stocks continue to make new highs. On this episode, Karl Eggerss explains what's moving stocks and whether it will last. Topics discuss on this podcast: Election Stocks Inflation Meme Stocks For more information, go to https://www.creatingricherlives.com #election #stocks #today #listening #captrust @CAPTRUST

Day trading has been around for decades. But, with technology and social media, many investors have pondered whether they should be day trading. On this podcast, Karl Eggerss examines whether day trading makes sense. Spoiler alert. It doesn't. Karl will also give you the real reason you hear about it so much. Topics discuss on this podcast: Day Trading Investing Financial Literacy Fallacies For more information, go to https://www.creatingricherlives.com #daytrading #investing #financialliteracy #today #listening #captrust @CAPTRUST

While this podcast is almost 15 years old, there are listeners that may not know the origin of the podcast or the host, Karl Eggerss. On this episode, Karl explains what made him get into the industry in the first place, how he started the podcast, and why he's so passionate about teaching. Topics discuss on this podcast: Education Financial Literacy Career Path For more information, go to https://www.creatingricherlives.com #education #financialliteracy #careerpath #today #listening #captrust @CAPTRUST

While April has been bumpy for the stock market, it hasn't given investors a clear sign in either direction whether to buy or sell, depending on the investor's situation. On this podcast, Karl Eggerss gives an update on the current environment and how he's managing portfolios. Topics discuss on this podcast: Buying and selling stocks Election Federal Reserve Tax Returns For more information, go to https://www.creatingricherlives.com #stocks #election #federalreserve #today #listening #captrust @CAPTRUST

Many individuals are looking for a number. What's the number? It's a value of their overall portfolio they feel they need to get to in order to retire comfortably. Does that number exist? On this podcast, Karl Eggerss explains that while there is a number, that number can and will change over time. Karl gives some items to consider in order build a comprehensive financial plan that will help achieve a more comfortable retirement.  Topics discuss on this podcast: Financial Planning Retirement The Retirement Number Geopolitical Risk For more information, go to https://www.creatingricherlives.com #financialplanning #retirement #retirementplanning #today #listening #captrust @CAPTRUST

On this episode, Karl Eggerss explains one of the best ways to be a successful investor. But, this investing technique can be overdone. Are you guilty? You'll find out on this podcast. Topics discuss on this podcast: Investing Federal Reserve Interest Rates Rebalancing For more information, go to https://www.creatingricherlives.com #investing #rebalancing #today #listening #captrust @CAPTRUST

Due to some recent stronger than expected economic reports, there are some sectors and asset classes that are starting to shine. On this podcast, Karl Eggerss explains which ones they are and if there is a sea change happening. Plus, is your portfolio prepared for the next several months and not the previous several months? Topics discuss on this podcast: Gold Energy Stock Rotation Portfolio Allocation For more information, go to https://www.creatingricherlives.com #gold #stocks #rotation #today #listening #captrust @CAPTRUST

A recent listener suggestion sparked a conversation between Casey Keller, CFA and Karl Eggerss. The topic is Roth IRA conversions. On this podcast, Karl & Casey break down the pros and cons of converting and whether it makes sense to pay taxes now to avoid paying taxes later. The goal is building wealth and this podcast is full of information on ways to try and achieve greater wealth, potentially through Roth conversions. Topics discuss on this podcast: Roth IRA Roth Conversion Taxes Retirement Planning For more information, go to https://www.creatingricherlives.com #rothira #rothconversion #taxes #today #listening #captrust @CAPTRUST

The bull market continues on and it has many questioning how long it will last. One year ago, an event that seemed bad at the time might have been the catalyst for extending the bull run. On this podcast, Karl Eggerss explains what it was and how to navigate the current environment. Topics discuss on this podcast: Federal Reserve Banking Crisis M2 For more information, go to https://www.creatingricherlives.com #M2 #bankingcrisis #today #listening #captrust @CAPTRUST

One of the worst combinations is when an economy is experiencing too much inflation and at the same time an economic slowdown. While it isn't here yet, Karl Eggerss explains why stagflation is something to potentially worry about.  Plus, most advisors have very little exposure to gold. Should they? Topics discuss on this podcast: Inflation Stagflation Retail Sales Economy Gold For more information, go to https://www.creatingricherlives.com #inflation #stagflation #gold #today #listening #captrust @CAPTRUST

While there have been many technology companies reaching new highs recently, there are other asset classes also reaching new highs. It's been a while since these areas have shown this much strength. On this podcast, Karl Eggerss reveals the specifics.  Topics discuss on this podcast: Bull Market Market Rotation Bank Failures Federal Reserve For more information, go to https://www.creatingricherlives.com #bullmarket #today #listening #captrust @CAPTRUST

Imagine combining all the traits of the best investors of all-time and using those traits to your advantage. But, what are those traits? On this #podcast, Karl Eggerss welcomes guest Casey Keller, CFA to give us the answers and help you become a better investor. Topics discuss on this podcast: Investing Legends Behavioral Finance Stock Market For more information, go to https://www.creatingricherlives.com #stocks #investinglegeneds #behavioralfinance #today #listening #captrust @CAPTRUST

Imagine your stocks not going up for 35 years. This is what investors in another country have experienced. Could it happen in the United States? On this podcast, Karl answers this question. Plus, is it possible to time the stock market? Tune in for the answer. Topis discuss on this podcast: Timing the Market Buy and Hold Artificial Intelligence For more information, go to https://www.creatingricherlives.com #stocks #timingthemarket #buyandhold #today #listening #captrust @CAPTRUST

It's been said that to win championships, one needs a good defense more than a good offense. It might be the same when it comes to investing. Eliminating mistakes as an investor can likely improve long-term results. Topics discussed on this podcast: Investing Mistakes Stocks Diversification Successful Investing Get the list of 5 on this #podcast. For more information, go to https://www.creatingricherlives.com #investingmistakes #investing #investments #today #listening #captrust @CAPTRUST

It's no secret that international stocks have underperformed U.S. stocks for quite a while. This begs the question as to whether or not international stocks are even needed in a portfolio. Why have they underperformed? Will they keep underperforming? Karl Eggerss answers these questions on this #podcast. Topics discussed on this podcast: International Investing Stocks Diversification Interest Rates For more information, go to https://www.creatingricherlives.com #internationalinvesting #internationalstocks #today #listening #captrust @CAPTRUST

While there are several signs of a strong economy, there are just as many indicators pointing towards a potential recession. This combination creates a very confusing environment for investors. On this podcast, Karl Eggerss explains why investors need a balanced portfolio with a risk management strategy. Topics discussed on this podcast: Risk Management Jobs Recession Federal Reserve For more information, go to https://www.creatingricherlives.com #riskmanagement #today #listening #captrust @CAPTRUST

You might have heard of the term "Family Office". On this episode, Karl Eggerss welcomes guest Justin Pawl, CFA, CFP to break down the meaning and what services CAPTRUST offers in this space. Whether you need a "Family Office" or not, you will likely face several tasks that need to be addressed when it comes to your financial picture. Topics discussed on this podcast: Family Office Estate Planning Generational Wealth Legacy Planning For more information, go to https://www.creatingricherlives.com #familyoffice #today #listening #captrust @CAPTRUST

There has been much debate in our country about our future energy needs and the best way to fulfill those needs. Money and politics have been two key contributors to the debate. On this special podcast, Karl Eggerss welcomes Miles Murray, a Sustainability Tech Entrepreneur. He's currently the CEO of LOCOAL and has a new startup called Windchaser. Miles explains the differences between wind and solar, some of the obstacles, and the new solutions he and his company have come up with in this ever changing energy landscape. Topics discussed on this podcast: Renewable Energy Wind Solar Battery Technology For more information, go to https://www.creatingricherlives.com #wind #solar #technology #renewableenergy #today #listening #captrust @CAPTRUST

We're all getting older and as we age, it's extremely important to have plans for what life might look like in the future. On this podcast, Karl Eggerss discusses the aging process and some things to consider from a financial planning standpoint.   Also on this episode, inflation is coming down, but perhaps not fast enough for Wall Street. Topics discussed on this podcast: Longevity Planning Elder Care Inflation Federal Reserve For more information, go to https://www.creatingricherlives.com #longevityplanning #today #listening #captrust @CAPTRUST

On this week’s podcast, Karl Eggerss discusses “The Great Reset”. What is it? What is it’s origin? How does it affect you? How does it affect your portfolio? Karl will answer all of this on this episode. Plus, stocks and bonds started off the year on a sour note. Should you be concerned? Topics discussed on this podcast: The Great Reset Federal Reserve Interest Rates Stocks Bonds For more information, go to https://www.creatingricherlives.com #TheGreatReset #today #listening #captrust @CAPTRUST

For LLCs and some other entities, a new reporting requirement is about to go into effect. The penalties for not reporting annually are stiff. On this podcast, Karl Eggerss welcomes Oliver Norman, CFP®, ChFC®, CLU®, CDFA. Oliver breaks down the new rule and some key facts. Also on this episode, Karl & Oliver break down other tax changes that will likely affect you in 2024. Topics discussed on this podcast: Beneficial Ownership LLCs Income Tax Changes 2024 Financial Organization For more information, go to https://www.creatingricherlives.com #beneficialownership #llc #financialorganization #today #listening #captrust @CAPTRUST

The "everything rally" continued this week with several asset classes rising as 2023 is close to coming to an end. In fact, the Dow Jones hit an all-time high this week along with several stock indices around the world. The Federal Reserve pivoted, and investors loved it. Karl Eggerss explains why this is a goldilocks period for Wall Street. But, will it last? Topics discussed on this podcast: Stock Market Rally Negative News Interest Rates  Federal Reserve For more information, go to https://www.creatingricherlives.com #stockmarket #rally #interestrates #today #listening #captrust @CAPTRUST

Stocks can be bought and sold using several different methods. Some use technical analysis. Some use fundamental analysis. Which one is better? On this episode, Karl Eggerss explains how each method works and ultimately how he decides when to buy and sell various stocks. Topics discussed on this podcast: Fundamental Analysis Technical Analysis Investments December Rally Bitcoin For more information, go to https://www.creatingricherlives.com #fundamentalanalysis #technicalanalysis #decemberrally #bitcoin #today #listening #captrust @CAPTRUST