The financial markets rocketed higher during the week because inflation is coming down at a fast rate. That sounds good, but what if it continues and ultimately means the economy slows too much? Karl Eggerss explains how to navigate a changing economy. Also on this podcast, there are numerous conflicts of interest in the financial industry. An article was just published naming names with all the details. Topics discussed on this podcast: Inflation Economy Interest Rates Conflicts of Interest “No Golf Ball Rule” For more information, go to https://www.creatingricherlives.com #inflation #economy #conflictsofinterest #investments #today #listening @CAPTRUST

With elevated housing prices combined with rapidly rising interest rates, purchasing a home hasn't been this challenging since 1984. This is according to a recent report by Intercontinental Exchange. Because of this, many parents and/or grandparents are wanting to help members of their family get into their first home. On this podcast, Karl welcomes guest Barry Beal, CPWA® to the podcast to discuss various gifting strategies for first time homebuyers.  Topics discussed on this podcast: Housing Affordability Legacy Gifting Strategies Mortgages Estate Planning For more information, go to https://www.creatingricherlives.com #housingaffordability #firsthome #mortgage #gifting #today #listening @CAPTRUST

The October jobs report was released and it was a worse than expected number. In addition, August and September were revised lower as well. And yet, the stock market soared. Why? Karl Eggerss explains on this podcast.  Also on this episode, what does driving your car and exiting off the highway have to do with the economy?  Topics discussed on this podcast: Jobs Interest Rates Stock Market Recession For more information, go to https://www.creatingricherlives.com #jobs #recession #stockmarket #investing #today #listening @CAPTRUST

On this episode, Karl Eggerss explains why some people have so much influence that they can simply make a comment or tweet and investors react a certain way. Is it right? Plus, how is your portfolio built? Is there any thought or intentionality or did it just happen? Topics discussed on this podcast: Interest Rates Portfolio Construction Income Real Rates For more information, go to https://www.creatingricherlives.com #portfolioconstruction #investments #income #today #listening @CAPTRUST

On this podcast, Karl Eggerss explains how not having a plan could've caused him to have an outcome he didn't want. He walks listeners through the process of building a plan and then executing on it. Plus, interest rates continue to rise and it continues to be a drag on both stocks and bonds. Topics discussed on this podcast: Financial Plan Interest Rates Stocks Bonds Alternative Investments For more information, go to https://www.creatingricherlives.com #financialplan #interestrates #today #listening @CAPTRUST

A devastating attack on Israel is the latest reminder that geopolitical risk is one risk among many investors must deal with over their investing life. On this episode, Karl Eggerss explains how to deal with this risk and news events of the day that inevitably cause market volatility. Topics discussed on this podcast: Israel News Risk Management For more information, go to https://www.creatingricherlives.com #Israel #riskmanagement #today #listening @CAPTRUST

The Labor Department released the September jobs report on Friday and it was hotter than expected. Initially, stocks sold off as the bears saw it as a potential sign that the Federal Reserve might continue to raise interest rates. But, stocks made a U turn and ended higher after investors digested the data which did also showed lower than expected wage growth.  If the economy can add jobs without cuasing more inflation, that would be a goldilox scenario. It's only one report, but the bulls won the day. Topics discussed on this podcast: Jobs Economy Warren Buffett Gamestop For more information, go to https://www.creatingricherlives.com #jobs #warrenbuffett #gamestop #economy #today #listening @CAPTRUST

This week and quarter, the stock and bond markets grabbed the 2022 playbook and repeated it. Rising rates spooked investors along with a potential government shutdown. Karl Eggerss discusses this and why patience and diversification is warranted. Topics discussed on this podcast: Government Shutdown U.S. Dollar Bonds Stocks For more information, go to https://www.creatingricherlives.com #dollar #governmentshutdown #stocks #today #listening @CAPTRUST

The Federal Reserve left interest rates unchanged this week, but are they close to the end? That is yet to be determined, but perhaps higher oil prices might impact their future decisions. On this podcast, Karl Eggerss discusses the Fed's future path and the impact on the economy and your portfolio. Topics discussed on this podcast: Oil Interest Rates Economy Asset Allocation For more information, go to https://www.creatingricherlives.com #oil #interestrates #economy #investing #today #listening @CAPTRUST

Many retirees struggle with their cash flow and they may not be living their best retirement. On this podcast, Karl Eggerss discuss a place where many retirees may have hidden dollars. There are several techniques to find and use those dollars. Topics discussed on this podcast: Retirement Cash Flow Retirement Planning For more information, go to https://www.creatingricherlives.com #retirement #cashflow #retirementplanning #today #listening @CAPTRUST

Many people have rental homes that were acquired in various ways. The question often comes up wehther or not that rental home is a good deal still and should it be kept or sold. It takes a lot of analysis to determine the answer. On this podcast, Karl Eggerss walks listeners through the steps to analyze a property. Topics discussed on this podcast: Real Estate Rental Properties 1031 Exchange Mortgage Rates For more information, go to https://www.creatingricherlives.com #realestate #rentalproperties #1031exchange #mortgagerates #today #listening @CAPTRUST

Interest rates have skyrocked and because of this, many investors are now curious how to build a bond portfolio in conjunction with other types of income in their accounts. On this episode, Karl Eggerss answers a listener question about bonds and he gives a Bonds 101 session. Topics discussed on this podcast: Bonds Bond portfolio Asset Allocation Income For more information, go to https://www.creatingricherlives.com #bonds #income #assetallocation #today #listening @CAPTRUST

August has not been friendly to the retail sector. Many are wondering if this is a sign the economy is weakening and on the verge of a recession. On this podcast, Karl Eggerss explains what he sees in the retail sector and the health of the overall economy. Jerome Powell also spoke on Friday and Wall Street was trying to get some insight into the Federal Reserve's next move. Plus, is your car spying on you? Technology is helping the dealership know what's going on with your car, but is this a good thing? Topics discussed on this podcast: Retail Stocks Economy Jerome Powell Mortgage Rates For more information, go to https://www.creatingricherlives.com #retailstocks #jeromepowell #mortgagerates #economy #today #listening @CAPTRUST

The stock market has pulled back from recent highs as investors digest higher interest rates, a bankruptcy in a Chinese real estate company, and updates on the health of the consumer. In addition, the stock market is entering into a seasonally weak time of the year. On this podcast, Karl Eggerss discusses the state of the financial markets and gives an update on the latest moves by some of the largest investors in the world. Topics discussed on this podcast: Chinese Real Estate Interest Rates Bonds Stocks 13F For more information, go to https://www.creatingricherlives.com #chineserealestate #interestrates #bonds #today #listening @CAPTRUST

For well over a decade, interest rates were near 0%. That’s not the case anymore. The Federal Reserve raised rates at a rapid rate in 2022 and 2023. This has both positive and negative repercussions. On this podcast, Karl Eggerss explains why and how short-term instruments like money markets are now an option in an investment allocation. In addition, paying off old debt may not be the best move. Topics discussed on this podcast: Money Markets Cash Debt Interest Rates For more information, go to https://www.creatingricherlives.com #moneymarkets #interestrates #cash #debt #today #listening @CAPTRUST

Every investor wants the highest returns with the least amount of risk. But, we can't always have that. On this episode, Karl Eggerss discusses a way to build a portfolio that allows for risky investments with the goal of higher returns, while still maintaining the long term plan. Topics discussed on this podcast: Risky Investments Alternatives Stocks Real Estate Portfolio Construction For more information, go to https://www.creatingricherlives.com #riskyinvestments #alternatives #portfolioconstruction #today #listening @CAPTRUST

Have you ever felt stuck in an investment? Have you ever felt the fear of missing out as stocks are going up and you aren't participating? On this episode, Karl Eggerss walks listeners through the thought process it takes to become a succsesful investor over the long term. Plus, how do capital gains factor in your decision making process when it comes to selling an investment? Karl explains why sometimes it may be worth paying a capital gains tax. Topics discussed on this podcast: FOMO Stocks Capital Gains Capitulation Valuation For more information, go to https://www.creatingricherlives.com #stocks #FOMO #capitalgains #capitulation #today #listening @CAPTRUST

Karl's guest this week is Justin Pawl, CFA, CAIA, CFP®. He recently wrote an article titled "Once Bitten, Twice Shy" discussing various issues that get between an investor and successful investing. The financial industry calls it behavioral finance. Topics discussed on this podcast: Investing Biases Investor Confidence Homo Economicus For more information, go to https://www.creatingricherlives.com #stocks #investing #biases #behavioralfinance #today #listening @CAPTRUST

Do you think the stock market is about to drop? If so, what do you do with your stocks? Sell them, hold them, or change them? Karl Eggerss discusses the best ways to build a portfolio if you think rocky times are ahead. Topics discussed on this podcast: Stocks Dividends Nasdaq Rebalancing Inflation Federal Reserve For more information, go to https://www.creatingricherlives.com #stocks #dividends #nasdaq #inflation #today #listening @CAPTRUST

It is believed the first mutual fund dates back to 1774. Since that time, a lot has changed including more ways for investors to gain access to the stock market. Are mutual funds outdated? Are they still useful? Do they still play a part in a portfolio? On this podcast, Karl Eggerss answers these questions in an educational episode. Topics discussed on this podcast: Mutual Funds Exchange Traded Funds (ETFs) Stocks Diversification For more information, go to https://www.creatingricherlives.com #mutualfunds #ETFs #stocks #today #listening @CAPTRUST

The first half of the year is in the bag and it looks dramatically different than it did in 2022. The leaders have changed and the concentration of some big technology stocks have skewed some of the strength so far. On this podcast, Karl Eggerss goes through what has worked in the first half and what to look for in the second half of the year, including whether the rally can continue. Topics discussed on this podcast: Technology stocks First half recap 4th of July Inflation Can the rally continue? For more information, go to https://www.creatingricherlives.com #FOMO #stocks #today #listening #technologystocks @CAPTRUST

On this podcast, Karl Eggerss discusses the FOMO that seems to be getting worse in the stock market. In fact, it appears there is a new generation of investors who have learned bad habits and may have to learn a lesson the hard way. Karl shares the one way an individual can learn. Plus, how did you gain your wealth? Topics discussed on this podcast: FOMO Meme Stocks Stocks Wealth Creation Financial Mistakes For more information, go to https://www.creatingricherlives.com #FOMO #stocks #today #listening #memestocks @CAPTRUST

On this podcast, Karl Eggerss discusses financial planning software, budgeting tools and apps, and whether or not they are necessary. Find out what he uses to track his expenses and what tools CAPTRUST uses for clients to not only track expenses, but do in depth financial planning. Topics discussed on this podcast: Financial Planning Apps Budgets Federal Reserve For more information, go to https://www.creatingricherlives.com #budget #financialplanning #apps #retirement @CAPTRUST

On this episode, Karl Eggerss discusses whether or not the economy and the financial system is back to normal. After years of ZIRP (zero interest rate policy) by the Federal Reserve, interest rates are now much higher than in years past. This has changed the game. Topics discussed on this podcast: Interest Rates Economy Federal Reserve Stock Market Recession For more information, go to https://www.creatingricherlives.com #recession #stocks #federalreserve #economy @CAPTRUST

On this episode, Karl Eggerss welcomes guest Oliver Norman, CFP® to the podcast to discuss some items that may be missing from your estate plan. There are legal documents that are included in most estate plans. But, what about the non-legal items? Topics discussed on this podcast: Estate Planning Personal Statement to My Heirs Will Legacy For more information, go to https://www.creatingricherlives.com #estateplanning #financialplanning #legacy #will #heirs @CAPTRUST

We all grew up hearing to only "live off the interest". Our parents and grandparents told us that was what we should do in retirement. In other words, never invade the principal. But, is that correct? Karl Eggerss discusses this concept on this episode. Are you short changing yourself by living off of the interest only? Topics discussed on this podcast: Living Off The Interest Principal Retirement Interest Rates For more information, go to https://www.creatingricherlives.com #interest #principal #retirement #livingoffinterest @CAPTRUST

In the last 30 years, we've seen some big changes in the way we live and subsequently new investment opportunities. First, was the internet in the late 1990s. Then crypto currencies at the end of the last decade. Some got rich from these new inventions and some went broke. On this podcast, Karl Eggerss discusses the latest "big thing", artificial intelligence. Will it change our lives? Are there investment opportunities? This is answered on this podcast. Topics discussed on this podcast: Artificial Intelligence (AI) Stocks Bubbles Crypto Internet For more information, go to https://www.creatingricherlives.com #artificialintelligence #AI #stocks #bubble #cdrypto @CAPTRUST

What do you do when your portfolio is falling? This is when the biggest investment mistakes happen. Karl Eggerss addresses how to handle stock market volatility on this episode. Plus, one of the biggest divergences in stock performance ever is happening right now. Karl explains. Topics discussed on this podcast: Stock Market Losses Small Business Optimism Volatility Inflation Nasdaq FOMO For more information, go to https://www.creatingricherlives.com #inflation #Nasdaq #volatility @CAPTRUST

With interest rates rising rapidly and the Federal Reserve continuing their inflation battle, it's a good time to assess your debt. Should you always rush to pay off debt? It depends. Plus, another week and another bank failure. Karl Eggerss explains on this episode. Topics discussed on this podcast: Debt First Republic Leading Economic Indicators Federal Reserve Interest Rates For more information, go to https://www.creatingricherlives.com #stocks #bonds #FederalReserve #banks @CAPTRUST

Despite any negative news, the stock market continues to move higher. But, not all stocks are participating. In fact, Karl Eggerss shares some surprising stats as to how many stocks are actually participating in the rally. Plus, Karl eplains how to turn a temporary loss into a permanent one. Topics discussed on this podcast: FAANG Stocks FOMO Concentrated Stock Market Diversification For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #stocks FOMO #FAANG #investments @CAPTRUST

The debate over whether or not the stock market is efficient has raged on for years. On this episode, Karl Eggerss explains what the Efficient Market Hypothesis is and whether or not it actually exists in today's stock market. Karl gives a real example that proves his case. Topics discussed on this podcast: Efficient Market Hypothesis (EMH) Stocks Real Estate Investment Trusts (REITs) IPOs For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #efficientmarkethypothesis #EMH #stocks #investments @CAPTRUST

There has a lot of chatter regarding the destruction of the dollar. Other countries have discussed creating their own reserve currency. What's the likelihood of this happening? What would be the impact on your life and your portfolio? Karl Eggerss invites Justin Pawl, CFP CFA back to the podcast to discuss. Topics discussed on this podcast: Dollar International Stocks Interest Rates BRICS Diversification For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #dollar #BRICS #stocks #investments @CAPTRUST

It's Masters Week. The Super Bowl of golf. Being a golfer, Karl Eggerss has learned a lot over the years. And, one of the basic rules in golf to improve one's scores is to avoid the blow up holes. Karl takes this analogy and explains how to apply it when managing an investment portfolio.  Plus, what are some ways you can protect your portfolio? Karl gives some practical ways to do just that. Topics discussed on this podcast: The Masters Options Stop Losses Diversification Gold For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #gold #stocks #bonds #diversification #options @CAPTRUST

The first quarter of 2023 is in the books. The financial markets are acting almost the complete opposite of 2022. Interest rates are falling, tech stocks are once again loved, investors are hoping that the Federal Reserve is almost done with their tightening cycle and the economy will have a "soft landing". But, what if that doesn't happen? Karl explains why he's still a little cautious.  Topics discussed on this podcast: Federal Reserve Balance Sheet Nasdaq FANG stocks IRS Scams Bear Market Rallies For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #IRSScams #investments #NASDAQ #stocks #bonds @CAPTRUST

The Federal Reserve did it. They raised interest rates...again, despite trouble in the banking sector. Janet Yellen, Treasury Secretary, gave the markets some mixed messages causing more volatility for investors. But, despite all of that, stocks eked out a gain for the week. Topics discussed on this podcast: Janet Yellen Federal Reserve Diversification Stocks Bonds For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #FederalReserve #investments #stocks #bonds @CAPTRUST

While risk can be mitigated, it can't be avoided. On this episode, Casey Keller, CFA joins Karl Eggerss to discuss several types of risks that perhaps you are overlooking. They take a deep dive into some of them and how to reduce your overall risk. Topics discussed on this podcast: Risk Silicon Valley Bank (SVB) Diversification Stocks Bonds For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #risk #banks #investments #stocks #bonds @CAPTRUST

On this episode, the 2nd largest bank failure occured this week. And, it almost came out of nowhere. Is it a systemic issue or an isolated incident? Karl Eggerss explores this and everything that was affected. Topics discussed on this podcast: Too Big To Fail The Federal Reserve Silicon Valley Bank (SVB) Recession Diversification Economy For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #toobigtofail #bankfailure #recession #investments #economy @CAPTRUST

On this episode, Karl Eggerss answers a question he gets fairly frequently. What’s the proper allocation of stocks one should have in their portfolio? Karl gives two practical ways to begin figuring it out. Topics discussed on this podcast: Stock Allocation Diversification Financial Planning Consumer Deterioration Economy For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #allocation #investments #economy @CAPTRUST

On this episode, Karl Eggerss welcomes guest Oliver Norman to the show who shares some important tips on getting financially organized. This show is full of useful ways to begin the process. Topics discussed on this podcast: Financial Organization Estate Planning Password Managers Beneficiaries Transfer On Death Digital Vaults For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #financialorganization #estateplanning @CAPTRUST

Since 2008, interest rates have generally been suppressed making it very difficult for investors to find reliable and reasonably high income. On this podcast, Karl Eggerss welcomes guest Justin Pawl to discuss some ways to build a portfolio with the goal of generating income. Topics discussed on this podcast: Bond Ladders Dividend Paying Stocks Covered Calls Structured Credit Monthly Income Inflation REITs For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #investments #stocks #bonds #income #interest @CAPTRUST

After almost 30 years investing on behalf of clients, advising clients, doing national television interviews, and meeting some of the biggest names on Wall Street, there's some things Karl Eggerss has learned. On this episode, Karl will share what's the biggest secret on Wall Street. Topics discussed on this podcast: Millionaires How the Ultra High Net Worth invest their money Bond Ladders Monthly Income For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #investments #stocks #bonds #bondladder @CAPTRUST

On this podcast, Karl Eggerss discusses liquidity events, whether it's selling your business or an inheritance. What are all the various aspects you need to think about? Have you considered the tax burden, the structure of your estate, the effect it will have on your family and future generations? Karl runs through a checklist of items that will help prepare you and your family. Plus, a winter storm hit Texas recently. Are you prepared in the event you didn't have power for 24-48 hours? Topics discussed on this podcast: Liquidity Events Selling A Business Inheritance Estate Taxes Generational Wealth Prepping for Storms Generators  For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #investments #stocks #bonds #financialplanning #liquidityevent #sellingabusiness @CAPTRUST

On this podcast, Karl Eggerss discusses the fast start for stocks this year. He goes under the hood to see what's driving the rally. Plus, a listener question on investing internationally and how to avoid investing in countries and companies in which you disagree. Topics discussed on this podcast: Heavily Shorted Stocks Bonds Interest Rates ESG Seasonal Investing Investing In China The Federal Reserve The Economy For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #investments #stocks #bonds #financialplanning #retirementplanning #ESG #investing  @CAPTRUST

On this podcast, Karl Eggerss discusses the various ways 2023 will differ from 2022. Also, he gives his outlook. Topics discussed on this podcast: Stocks Bonds Interest Rates Asset Allocation The Federal Reserve The Economy For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #investments #stocks #bonds #financialplanning #retirementplanning #investing #investmentmanagement  @CAPTRUST  

On this podcast, Karl Eggerss discusses 3 mistakes he's seen in just the last few days that he believes could be costing people money. It ranges from legacy stocks to loans for a car.  Topics discussed on this podcast: Financial Mistakes Legacy Stocks Loans vs. No Debt Tax Professionals The Federal Reserve The Economy For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #investments #stocks #bonds #financialplanning #retirementplanning #investing #investingmistakes #taxchanges2023 #investment management  @CAPTRUST  

On this podcast, Karl Eggerss discusses his outlooks for 2023. Plus, how seriously do you take your investments? Do you view them as a long-term investment or are you just "playing the market"? Topics discussed on this podcast: The Federal Reserve Volatility index Stocks Bonds Investment management Tax changes 2023 For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #investments #stocks #bonds #financialplanning #retirementplanning #investing #taxchanges2023 #investment management  @CAPTRUST  

On this podcast, Karl Eggerss looks back at 2022. Which sector and areas of the market outperformed, and which ones underperformed. Also, why did the stock and bond market struggle? Plus, Karl explains which stocks were positive in 2022. In addition, what should investors expect for 2023? Should we expect more of the same or will the market characteristics change? Topics discussed on this podcast: The Federal Reserve sector performance volatility index private equity private real estate private lending stocks bonds commodities investment management tax changes 2023 Secure Act 2.0 For more information, go to https://www.creatingricherlives.com For suggestions or questions regarding the podcast, email [email protected] #investments #stocks #bonds #financialplanning #retirementplanning #investing #taxchanges2023 #secureact  @CAPTRUST  

The wheels are in motion for big changes in 2023 to your retirement plan(s). Plus, what tax changes are coming next year? Congress has passed the Secure Act 2.0. In this episode, Karl Eggerss discusses: New required minimum distribution ages Adjusted income tax brackets Increases to the amount individuals can save in retirement savings vehicles Changes to new 401(k) plans Increases to the standard deduction and much more