The work-from-home stocks – Brian Regan joins Chris Boyd and Jeff Perry for a conversation about the work-from-home pandemic era stocks, including Zoom, Twilio, and Peloton. The trio discusses how each company exemplifies the highs and lows of pandemic-fueled growth and the challenges of sustaining momentum in a post- pandemic world. Brian offers his commentary whether any of these companies are investable now “that they’ve fallen back to earth?” Not just for the specific stocks discussed, but as the dust of the pandemic settles, the dialogue continues how these types of companies are facing the critical task of redefining their paths for top line and operating margin growth in an ever-changing work environment. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Memorial Day Weekend and In the News – With Memorial Day approaching, Chris Boyd and Jeff Perry reflect on the true meaning of Memorial Day. They highlight the Cape Cod Cares for the Troops event happening on Sunday, May 26 th (see link below) as they outline the excellent work done by Michelle and Dylan DeSilva. Chris and Jeff next discuss that despite recent economic data, most Americans feel like they are living in a recession (see related story below). Continuing with items in the news, Chris mentions data from the last week that shows the United States level of national debt is now $34.5T (see link below)! Chris and Jeff discuss the potential economic and political impacts that rising debt may have, including rising taxes, entitlement reform, and reduced spending. http://capecod4thetroops.com/ https://www.cnbc.com/2024/05/22/most-americans-falsely-think-the-us-is-in-recession- poll-shows.html https://www.cnbc.com/2024/05/19/soaring-debt-and-deficits-causing-worry-about- threats-to-the-economy-and-markets.html For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Duffy Health Center Update – Heidi Nelson, CEO of Duffy Health Center joins Chris Boyd and Jeff Perry with an update on Duffy’s efforts to prevent and serve the homeless individuals and families on Cape Cod. Heidi shares a personal announcement of her upcoming 2025 retirement and offers her thoughts on recent data concerning the scope of homelessness across the Cape. Heidi answers questions about the challenges and opportunities of providing medical, mental health, and addiction treatment to the homeless population. Heidi invites people to learn more about Duffy and ways to support their efforts at the below link: https://duffyhealthcenter.org/services/ For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Best Night - Cape Cod – Chris Boyd and Jeff Perry welcome Bert Talerman, President of Cape Cod 5 Bank. The episode starts off with congratulations to Bert for being recognized with the Visionary Award from the Cape and Islands United Way. Chris outlines the various efforts the United Way provides funding and services. Bert next answers Chris’s questions about the current banking environment and economic conditions on Cape Cod. Jeff expresses appreciation to Bert and Cape Cod 5 for their efforts to enhance financial literacy. Jeff shares a story of a program offered at the Barnstable County House of Correction which instructs inmates on basic banking and personal finance. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

What is it worth? – How does one put a value on collaborating with a good financial advisor? Chris Boyd and Jeff Perry explore this question and more. Chris and Jeff begin the conversation by outlining the various roles of a financial advisor. Chris explains the importance of working with a Fiduciary. Jeff suggests a 3-question test before selecting the right financial advisor. A wide range of topics are discussed including making the decision when to retire, claiming social security, asset allocation, risk tolerance, estate planning, tax planning, Roth conversions, retirement cash-flow projections, stress testing a plan, and avoiding financial mistakes. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Cape Cod Housing Challenges – Alisa Magnotta from the Housing Assistance Corp (HAC) of Cape Cod joins Chris Boyd and Jeff Perry to discuss the numerous housing related challenges in the region. Alisa reviews the wide range of services and programs of HAC in attempts to bridge issues between homelessness and homeownership. The discussion highlights the growing issues of homelessness, including an increasing number of senior citizens, and the ever-present need for additional workforce housing. Chris asks Alisa how people can assist HAC with their efforts. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

8 Ways to become poor in your Retirement – Chris Boyd and Jeff Perry review an article which outlines common financial mistakes baby boomers are making in their retirement years (see link below). Having too much consumer debt, starting social security too soon, having too much house, not having a realistic budget, and selling your investments at the wrong time are some of the issues covered. https://www.gobankingrates.com/retirement/planning/ways-baby-boomers-become-poor- in-retirement/ For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Should you worry about a declining birth rate? –The world is at a startling demographic milestone. Sometime soon, the global fertility rate will drop below the point needed to keep population constant. It may have already happened. Chris Boyd and Jeff Perry review a recent Wall Street Journal article discussing what declining birth rates mean to the economy, investing and the quality of life (see link below). https://www.wsj.com/world/birthrates-global-decline-cause-ddaf8be2 For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

What is the economic data telling us? – Chris Boyd and Jeff Perry explore the financial data reports from the past week, including the Producer Price Index, Consumer Price Index, Retail Sales, and Consumer Debt. Chris reviews comments from Federal Reserve Chairman Jerome Powell regarding the Federal Reserve’s efforts to tame inflation. Jeff discusses the impacts that higher interest rates are having on consumer spending and willingness to take on debt. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

5 Conversations with your Financial Advisor - Based on the recently published article in Financial Planning (linked below), there are five extraordinary circumstances that go beyond the basic retirement planning that advisors should address with clients. The topics of discussion include non-traditional relationships and what happens when things go wrong, special issues with minor children, estate planning in second marriages, health challenges, and income tax surprises.  Chris and Jeff also dig into some frequent areas where people with good intentions neglect to consider when putting together their financial plans. https://www.financial-planning.com/list/5-financial-planning-conversations-for- clients-in-2024 For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Earnings and what really matters – Chris Boyd welcomes Brian Regan to the show. With approximately 80% of corporate earnings reported for this quarter, Brian outlines common trends he is seeing from these earnings. Jeff Perry questions Brian about areas of concern that CEO’s and investors may be focused on. Brian explains how he approaches evaluating a company to invest in and the trio discuss how stock buybacks and dividends can be positive or negative for a stock. Chris asks Brian how he makes the decision when it is time to sell a specific investment. Brian reflects on an article he recently authored on the subject. A link is noted below. https://www.thestreet.com/retirement-daily/your-money/thinking-slow-about-stocks-how- kahnemans-insights-improved-my-investment-results For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Mail Bag – For this episode, Chris Boyd and Jeff Perry open the “Mail Bag” and discuss questions from clients and listeners. Chris and Jeff start the episode with a Happy Mother’s Day wish. During the episode, Chris and Jeff discuss the “Still Working” exception related to 401Ks and required minimum distributions (RMDs), how to use a QCD (qualified charitable distribution) to reduce income taxes, and best practices when planning for loved ones with special needs. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

The Retirement Smile – Chris Boyd and Jeff Perry explore personal spending patterns when people enter retirement. The Retirement Smile shows increased spending in the early and late stages of retirement. Chris and Jeff dig into the reasons for this phenomenon and how to create a financial plan to best reflect projected spending and capital needs. Chris also brings up a Wall Street Journal article indicating that most people expect their retirement age to be sixty-five, but reality tells a vastly different story. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

17th Anniversary & Changing Times – The Something More with Chris Boyd Radio Show has been on WXTK 95.1FM for 17 years! Chris Boyd and Jeff Perry have a wide- ranging conversation about how the radio show has changed and developed over the years. With a little bit of reminiscing and looking into the future, Chris offers his personal thoughts and business perspective on why the Something More with Chris Boyd Show is soon moving entirely to podcasts. Listeners are encouraged to follow the show on their favorite podcast channel and also to listen live to the final radio show from 3:00pm – 5:00pm on Saturday, June 1 st on 95.1FM WXTK. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

AI and the Human Element of Marketing – Michael Byrnes of Byrnes Consulting joins Chris Boyd and Jeff Perry to discuss how Artificial Intelligence is changing how companies do business and how consumers receive information. In addition to discussing how changes in technology impact businesses and the manner in which they market their goods and services to customers, Michael, Chris, and Jeff discuss instances of Cause Related Marketing. The conversations explores recent examples of how organizations succeed or fail in such efforts. https://www.byrnesconsulting.com/founder-and-president/ For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

In the News this Week – For this episode, Chris Boyd and Jeff Perry dig into financially related news items from the last week. Chris and Jeff start off with a discussion of the Federal Reserve’s decision to keep interest rates at current levels. Chris and Jeff explore the direct and indirect impacts of such a decision on the stock market, mortgage rates, and the national debt. Jeff next mentions the comments of President Biden that if reelected he will not extend the Trump era tax cuts. Chris and Jeff provide their thoughts of what this could mean to taxpayers and investors. Also, in the news this week is the 150th running of the Kentucky Derby. Chris shares his plans for how he will enjoy race day. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Investors who are more like Gamblers – Brian Regan, Team AMR’s Senior Portfolio Manager, joins Chris Boyd and Jeff Perry and shares his commentary on what he perceives as a growing trend of people “gambling” in the stock market by investing in financially unsound companies. Brian goes into detail and reflects how far too many people are buying stocks in companies close to bankruptcy. The trio also explores the common Wall Street saying of “Sell in May and go away”. Chris and Jeff explore whether there is any value of such a tactic. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Wrap up - Stop Sabotaging Your Retirement Plans – Chris Boyd and Jeff Perry continue a previous conversation about how to avoid some of the more common mistakes people make that can be harmful to their retirement planning. The dialogue starts out with the mistake of investing too conservatively and how inflation will erode your financial plan. Chris and Jeff next discuss why you should estimate your age as a life insurance actuary would. The episode concludes with straightforward advice on how and when to include your children in your retirement plan. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

In the News this week – Chris Boyd and Jeff Perry dig into the top financial news stories of the week. The segment starts off with a review of the recent stock market volatility. Chris reminds listeners of the first quarter results and that corrections in the stock market are common. The conversation shifts to several economic data points from the past week, including the gross domestic product, the personal consumption expenditures, and consumer spending rates. Skyrocketing auto insurance costs helped contribute to inflation accelerating at a faster-than-expected pace in March. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

Special Needs Planning – Charlie Massimo joins Chris Boyd and Jeff Perry for an engaging discussion concerning the various financial planning issues for parents of special needs children. Charlie shares his personal story of having two sons with autism and the many financial and personal challenges. Topic areas discussed during the episode are estate planning, future housing needs, special needs trusts, life insurance planning, and available assistance from federal and state government. The segment concludes with Charlie sharing his advice on using support groups in your geographical area to provide assistance to both the child and the parents. See a link below to listen to Charlie’s own podcasts on related subjects: https://podcasts.apple.com/us/podcast/your-pathways-to-wealth/id1687118452 For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Financial Literacy – April is Financial Literacy Month and Chris Boyd and Jeff Perry share their thoughts on what financial and consumer topics should be included in everyone’s knowledge. The pair reviews the growing trend of states requiring a financial literacy class for high school students. Chris and Jeff also discuss various tactics available to parents to instill a desire in their children to learn the basics of personal finance. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

What’s my Number? – In this episode, Chris Boyd and Jeff Perry explore the commonly asked question of “How much do I need to save to be able to enjoy a comfortable retirement?”  While this “number” is different for each individual or couple, the below referenced article indicates that the result of a recent survey pegs the figure of $1.5M.  Chris & Jeff review a range of factors to consider when calculating a financial number target, including income sources, debt, housing, location, and desired lifestyle in retirement.  Chris and Jeff next review data from various sources that clearly demonstrates that the average person is not saving enough to reach the necessary level for retirement.   For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

Stop Sabotaging Your Retirement Plans – Referencing a recently published article from Sarah Newcomb, PhD, Chris Boyd and Jeff Perry review a number of subjects that can put your retirement plan in jeopardy.  Chris and Jeff start off the episode with a reminder that everyone should have their estate plan in place long before retirement.  Jeff reflects on the advice he provides both as an attorney and financial planner.  The conversation moves on to the topic of how a family home can be either a burden or a benefit to a retirement plan.  To wrap up this segment, Chris and Jeff discuss the personal and financial costs of enabling a child or family member.  While a sensitive and diverse issue, Chris and Jeff reflect and offer advice on how these difficult and emotional situations should be addressed. For more information or to reach Chris Boyd or Jeff Perry, click the below link:   https://www.wealthenhancement.com/s/advisor-teams/amr

Looking Back/Looking Forward – Senior Portfolio Manager Brian Regan joins Chris Boyd and Jeff Perry with his commentary on the first quarter returns in the stock market. The conversation naturally moves to a forward-looking view of the second quarter and beyond.  Brian outlines the “Bull” and “Bear” cases for the remainder of 2024.  The dialogue covers commentary on recent employment data, inflation trends and recent geo-political events.  Chris and Jeff close out this episode with their reflections of how global threats and the news media can impact how clients and investors feel about risk assets. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

Level 5 - Abundance – Chris Boyd and Jeff Perry wrap up their previous discussions concerning the 5 Levels of Wealth by discussing the subject of “Abundance”.  The pair offer their thoughts on how living in abundance occurs when one is able to align their financial wealth with their personal values and desired purpose resulting in full contentment. The conversation continues with the importance of being content and satisfied with your financial status, while focusing on relationships, personal growth, and overall happiness.  Chris reflects on various ways mentoring and volunteering can enhance this stage of life.  The episode concludes how one’s desired legacy fits into this stage of abundance.   https://www.gobankingrates.com/money/financial-planning/the-5-levels-of-wealth-and-how-to-get-there/   For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

Mail Bag - Should we worry about the Dollar? – Chris Boyd welcomes Brian Regan to this episode to discuss a question from the AMR Team Mail Bag. This listener’s question asks about the threats to the strength of the US Dollar and whether China may have a political or market interest in a devalued US Dollar. Other threats to the strength of the US Dollar are discussed, including the rising level of US government debt. The episode concludes with a conversation of the seemingly growing number of newsletters and fear- related products being marketed to consumers. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Market Observations/First Quarter review – Brian Regan joins the show to share his generally positive commentary on the first quarter results in the financial markets. Brian highlights that recent market performance emphasizes why diversification is key to a financial plan. Chris Boyd and Jeff Perry add in their thoughts on the market, including bonds, geo-political events and a review of a recently released shareholder letter from Jamie Dimon. For more information or to reach Chris Boyd or Jeff Perry, click the link below: https://www.wealthenhancement.com/s/advisor-teams/amr  

Level 4 - Freedom – Chris Boyd and Jeff Perry continue their series about the 5 Levels of Wealth (see related article linked below). For this segment, they move onto level 4 – Freedom. Chris and Jeff discuss how Freedom means having the ability to cover your current and future financial needs, and when working is more of a personal choice than a financial need. Jeff emphasizes that reaching the freedom stage still requires long-term planning, budgeting and lifestyle discipline. Chris talks about why it is important to stress-test your financial plan, especially for the potential need of long-term care. https://www.gobankingrates.com/money/financial-planning/the-5-levels-of-wealth-and- how-to-get-there/ For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

In the News – There is never a shortage of financially related news items to discuss. In this episode, Chris Boyd and Jeff Perry begin the conversation with the recent Solar Eclipse and the economic impact of such an event. Chris and Jeff next review economic data reports from the week, including the Consumer Price Index (CPI) and the Producer Price Index (PPI) and what each report tells us about inflation trends. To wrap up this segment, Jeff brings up a story that Costco has been selling up to $200M a month in gold bars. Chris discusses why people buy gold related assets. The segment ends with common sense advice to investors in such assets. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

Mail Bag – In this episode, Chris Boyd and Jeff Perry answer a question from a listener on the subject of what is the correct type of life insurance? Chris summarizes the scenario where a woman from Wisconsin asks about whether a whole life insurance policy is an effective use for life insurance and for saving for future college expenses and retirement. Chris and Jeff outline how to evaluate the need and amount of insurance and when different types of policies may be appropriate. The segment concludes with advice to listeners to work with a financial advisor who is a fiduciary and to be fully informed of all the costs and benefits when being sold a financial product. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

Tax Day is upon us – With April 15 th quickly approaching, Chris Boyd reminds listeners of important income tax filing dates for individuals and businesses. Chris Boyd and Jeff Perry discuss the proper income tax withholding strategies and why receiving a big tax refund is not a good thing. Jeff shares his comments on how to avoid common income tax scams while suggesting using an unique IRS personal identification number for tax filing. Chris offers listeners a complimentary 2024 Personal Finance Facts resource. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

Level 3 - Security – Chris Boyd and Jeff Perry continue their previous discussion about the 5 Levels of Wealth by moving up the wealth pyramid to level 3 of Security (see related article linked below). At Level 3, Security is about seeing the fruits of your disciplined financial strategy and how financial decisions should become more second nature. Jeff and Chris go deep into the details of how much one should have for an emergency fund and the advantages of creating a comprehensive financial plan to focus on retirement planning and other significant financial planning goals. https://www.gobankingrates.com/money/financial-planning/the-5-levels-of-wealth-and- how-to-get-there/ For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

The Survey Says – Chris Boyd and Jeff Perry dig into the recently published CNBC All- America Economic Survey, which is a bi-partisan poll across the United States covering key measures of economic confidence and other business/economic issues. In this latest poll are issues of President Biden’s proposal for a Corporate Income Tax increase, banning the social media app TikTok, and voters’ thoughts on a Trump versus Biden election rematch. Chris and Jeff have some fun sharing their views on each of the subjects. As a reminder, Chris mentions that the Something More with Chris Boyd podcast recently celebrated the 1,000 th podcast and listeners can reach out for a free thank you gift by contacting Chris Boyd at the link below. To read more about the All-American Survey check out this link: https://www.cnbc.com/american-economic-survey/ For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Paper Soldiers – Chris Boyd welcomes Saleha Mohsin, the author of the new book “Paper Soldiers”. Saleha, a reporter from Bloomberg offers her thoughts on “the untold story of how one of America’s most invincible institutions (the Treasury) has used the U.S. dollar to define America’s role in the world, and our economic future”. Saleha explains how the Treasury Department has shaped U.S. policy at home and overseas by wielding the American dollar as a “weapon” and what that means in a new age of crisis. Chris adds his commentary on globalization and how the strength or weakness of the dollar impacts American business and the consumers. The conversation of the impacts of September 11 th and how the U.S. is able to use the dollar in diplomacy. The episode concludes with potential threats to the dollar and whether it is possible for another nation(s) to replace the dollar as the world’s dominant currency. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

Retirement Planning for Women – With March being Women’s History Month, Chris Boyd and Jeff Perry welcome Jocelyn Lee of Wealth Enhancement Group to the segment to discuss unique challenges that many women face in financial planning. Jocelyn starts out by sharing her personal story of meeting her first financial advisor and how she prefers a values-based planning approach. During a lively dialogue, the trio explore issues many women face of taking time off from work to care for family and how this relates to future social security benefits and the need for retirement planning in general. Wealth Enhancement Group is offering a complimentary “Retirement Guidebook for Women”. You may request a guidebook by contacting Chris or Jeff at the link below. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

Level 2 - Strategy – Chris Boyd and Jeff Perry continue their previous discussion about the 5 Levels of Wealth by moving up the wealth pyramid to the level of strategy (see related article linked below). At Level 2 you are no longer just surviving, you are beginning to make your money work for you. Chris and Jeff outline a successful method of goal setting and dig into some common financial goals of saving for a home purchase, saving for retirement, and planning for higher education costs of children. Chris provides his thoughts for reducing risk as you get closer to a financial goal. https://www.gobankingrates.com/money/financial-planning/the-5-levels-of-wealth-and- how-to-get-there/ For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

The 5 Levels of Wealth – Part 1 “Stability” – Chris Boyd and Jeff introduce the topic of the different levels of wealth with the first level being stability (see link to related article below). Jeff starts off by explaining that this level is not solely about income, as many people with a big paycheck often struggle to achieve financial stability. The conversation turns to adopting a mindset of deferred gratification and having discipline in spending. Other issues discussed are the benefits of having your own personal financial statements and building an emergency fund. The episode closes with advice on large budget items such as health and auto insurances. https://www.gobankingrates.com/money/financial-planning/the-5-levels-of-wealth-and- how-to-get-there/ For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

The Big 3 Risks to your Retirement – Chris Boyd and Jeff Perry review and comment about the potential risks to financial plans during retirement years. Included in this discussion is “LONGEVITY RISK” or how long your money needs to last. The next risk reviewed is “INFLATION RISK” and the need for your income to keep up with rising costs over the years. Finally, Chris and Jeff discuss “MARKET RISK” which means being able to tolerate how markets may fluctuate dramatically over time. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

1,000! – This episode marks the #1,000 podcast of Something More with Chris Boyd! Jeff Perry joins Chris as Chris reflects on his motivations for starting the radio show and podcast almost 17 years ago. Chris also talks about his favorite segments and most interesting guests. Chris shares his personal thoughts and discusses the future of the podcast moving forward. At the end of the segment, Chris announces a complimentary “Money Tree” gift to listeners who write in. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

More Rules of Thumb – Chris Boyd and Jeff Perry go back to a recent conversation of common financial rules of thumb. They start off by defining the term “net worth”. Chris reflects on the book “The Millionaire Next Door” and Jeff mentions a financial calculation that compares one’s net worth against their income. Next the duo explains the Rule of 72 and how it is helpful when doing quick calculations of when an investment is expected to double. The often- discussed term of Financial Freedom is deliberated in the context of a formula of one’s annual expenses. Chris closes out the segment with an explanation of the 4% withdrawal rate for retirement assets with cautions of depending solely on rules of thumb. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

What if you don’t need your RMD? – Chris Boyd and Jeff Perry dig into the commonly asked question of what to do with Required Minimum Distributions (RMDs) when you don’t need the money, and would like to avoid the resulting income taxes. Chris and Jeff converse about how frequent it is for clients to reach an age when the IRS requires you to start withdrawing money from retirement accounts that you don’t need to tap into just yet. Chris and Jeff discuss various options of how to invest, spend, or give to a charitable cause. (See reference article at the link below). https://finance.yahoo.com/news/rmds-dont-money-yet-140430152.html For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

0Picking up the Pieces – Brian Regan joins Chris Boyd and Jeff Perry for this episode to discuss Brian’s recently written article titled “Picking up the Pieces”. Brian starts off with his straightforward commentary of what he calls the “Cult of Private Investments”. The dialogue shifts to the debate of hiring a financial advisor compared to simply buying index funds. The trio next offers their thoughts on why high yield savings accounts are so popular and when it is prudent to use one. Brian next shares his thoughts on why Municipal Bonds are not that attractive in most circumstances. To conclude this segment Chris, Brian and Jeff dig into investment returns and how they are compared and should be compared against a benchmark. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

Rules of Thumb – Chris Boyd and Jeff Perry dig into a variety of financial generalized rules of thumb when it comes to personal finance ratios. Chris starts off by questioning Jeff on his views about how much is too much regarding common family purchases such as home costs and automobile buying. Chris and Jeff debate the best way to approach student debt and student loans (they don’t exactly agree). Jeff asks questions to Chris about common rules when it comes to how much one should be saving for retirement. Jeff next asks Chris for his view of how risk exposure to stocks changes as an investor grows older.

Tax Guide Offer – Chris Boyd and Jeff Perry welcome listeners to an entertaining discussion announcing that the Something More Podcast is approaching its 1000 th episode. The pair share planning thoughts to celebrate the milestone. Chris and Jeff shift the discussion with an offer to listeners of a complimentary 2024 Income Tax Guidebook. Chris and Jeff summarize the topics in the guidebook, including tax brackets, exemptions, credits, records retention and more. The segment concludes with Chris telling a personal story of the excellent customer service he recently received from a local locksmith.

Are Interest Rates high or does it just feel like it? – Over the last few years, the rate on the average 30-year fixed-rate home mortgage jumped from less than 3% to more than 7%. Chris Boyd and Jeff Perry discuss the history of interest rates and debate whether rates are currently high (see related Bottomline article below). This dialogue shifts to what level of investment returns investors should plan for in the short and long term. Chris offers detailed commentary on the challenges of market declines in the years following retirement. https://www.bottomlineinc.com/money/economy/what-the-history-of-interest-rates-can- tell-us-about-todays-rates#   #interestrates #smwcb #weg #mortgage #financialpodcast

What Warren Buffet says – Chris Boyd and Jeff Perry dig into Warren Buffett’s most recent letter to shareholders where he outlines some of the things that have made Berkshire so successful at picking the best companies to invest in over longer time periods, including having a clarity of purpose when choosing a stock, only focusing on quality investments, favoring companies run by good managers, holding onto investments for the longer term, and practicing fiscal conservatism (see related Morningstar article below). https://www.morningstar.com/stocks/warren-buffett-charlie-munger-realistic-investment- expectations-stocks-he-wont-sell #smwcb #warrenbuffet #morningstar #weg #financialadvisor #shareholders #investments

Tax Talk – In the midst of the income tax filing season, Chris Boyd and Jeff Perry review a number of 2023 deductions and credits. Jeff brings up that the Internal Revenue Service (IRS) now allows taxpayers to establish an online account with the IRS. Chris and Jeff offer their thoughts on how long you are required to maintain tax records and supporting documentation. The conversation turns to tax planning for 2024. Chris offers a complimentary 2024 Tax Guide to listeners.   #smwcb #weg #taxtalk #financialpodcast

Family Finances – Chris Boyd and Jeff Perry dig into the difficult topic of managing family finances. Chris starts off the segment with an introduction of the 50/15/5 rule (see link below) which suggests separating expenses into various categories to ensure you are not spending too much in any one area. After Chris and Jeff comment on each allocation category, the conversation shifts to how a married couple can get on the same financial page with positive conversations. Chris and Jeff reference the article from Kiplinger’s noted below. https://www.fidelity.com/viewpoints/personal-finance/spending-and-saving https://www.kiplinger.com/personal-finance/how-a-couple-can-get-on-the-same- financial-page   #familyfinances #smwcb #weg #kiplingers #fidelity