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Jeffrey W. McClure, CFP® and Jacob A. McClure, CIMA®, of The Personal Wealth Coach, an Independent Fiduciary Investment Advisory Firm | Fee-Only
Seeking insights that resonate with your wealth management goals? This is Jake, and Jeff McClure, together we are The Personal Wealth Coach podcast, exploring the intersection of economics and history and how it influences your financial journey. Understand the big picture of the U.S. and global economies, market trends and policies with us for clearer investment strategies. Stay ahead, stay informed, with The Personal Wealth Coach podcast for smarter financial decision-making. Eager to learn more? Schedule a complimentary consultation with us, either in-person or over the phone, by visiting https://www.tpwc.com/. Dive into the world of smart financial decision-making with The Personal Wealth Coach – your educational gateway to the economy and beyond. Jeffrey W. McClure, CFP® and Jacob A. McClure, CIMA®, of The Personal Wealth Coach, an Independent Fiduciary Investment Advisory Firm | Fee-Only.
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Ep. 26 - part 1 - The History of Money and How Cryptocurrencies Tie Into It.

Ep. 26 - part 1 - The History of Money and How Cryptocurrencies Tie Into It.

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What Happened in the Market This Week? (5/10 – 5/14) @6:43 Should We Be Worried About Inflation in the Future? @12:15 How Long Will inflation Last, and How Severe Will It Be? @22:38 The History of Money in the World Up to Cryptocurrencies @23:17 The Money Supply and the Personal Savings Rate @41:50 What is a Cowrie Shell? @45:23 And more! This episode was recorded on May 15th, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.    
49:4626/05/2021
The History of Money in the World Up to Cryptocurrencies

The History of Money in the World Up to Cryptocurrencies

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them figure out what cryptocurrencies are and how they fit in history. There are some fascinating trends throughout the history of money.    This episode was recorded on May 15th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.    
20:3422/05/2021
Ep.25 - part 2 - When should I buy a car? Is it a good time to sell my house?

Ep.25 - part 2 - When should I buy a car? Is it a good time to sell my house?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: USA vs China GDP growth @2:14 Why was Huawei the first company that developed 5G? @5:30 Increasing inflation is coming short-term. What causes negative inflation or deflation? @11:46 Should I buy a car now? Is now a good time to sell a house? @17:33 Pay off credit card debt by being financially savvy @24:54 Signs that the economy is getting back to normal @30::03 Education bill from an economist's point of view @@37:43 And more! This episode was recorded on May 1st, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
49:0116/05/2021
Ep.24 - part 2 - Does Alaska really have enough rare-earth metals to supply the demand from the U.S. and the World?

Ep.24 - part 2 - Does Alaska really have enough rare-earth metals to supply the demand from the U.S. and the World?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about Did actively managed mutual funds outperform the index in 2020?@2:33 Does Alaska have enough rare-earth metals to supply the U.S. and the World? @4:20 Does the government need to subsidize rural broadband? @12:10 Developing a new battery technology that doesn’t need lithium @16:32 How to tell if your stock investing managers are pruning your portfolio @31:10 Somewhat good news on unemployment @42:50 And more! This episode was recorded on April 24th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
50:5914/05/2021
Ep. 25 - part 1 - What even is infrastructure and should we be spending money on it?

Ep. 25 - part 1 - What even is infrastructure and should we be spending money on it?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode: What happened in the market this week? (4/26 – 4/30) @4:26 Value and growth stocks @7:04 Earnings of Amazon and Microsoft Q1 2021 @13:15 What is today’s infrastructure? Is IT infrastructure? @15:55 What are target-date funds? @22:14 How should we value companies @28:35 Signs of the economy is getting back to normal @40:46 US Q1 GDP growth numbers @42:06 And more! This episode was recorded on May 1st, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
48:4812/05/2021
Ep.24 - part 1 - What are the alternatives to a 60/40 Portfolio?

Ep.24 - part 1 - What are the alternatives to a 60/40 Portfolio?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about What happened in the market this week? (April 19th – April 23rd) @8:24 Chinese 10-year notes v.s. US 10-year notes @12:20 Was a 60/40 portfolio legit? What are the alternatives to a 60/40 portfolio? @20:02 How people feel about Electric Vehicles @40:40 The dark side of clean energy and rare metals @46:23 "There will be a big environmental backlash against the electric car manufactures and the renewable energy areas." by Jake McClure. And more! This episode was recorded on April 24th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we present during the podcast is for educational purposes only and is not considered investment advice.  
48:3010/05/2021
Personal Finance Episode: Pay off credit card debt by being financially savvy

Personal Finance Episode: Pay off credit card debt by being financially savvy

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about how to pay off credit card debt.   This episode was recorded on May 1st, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
09:2806/05/2021
Ep.23 - part 2 - We Have Enough Toilet Paper! Now What?

Ep.23 - part 2 - We Have Enough Toilet Paper! Now What?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about When inheriting an annuity, taking it all out vs. taking out over five years? @1:17 What is SDR by IMF? @7:15 We have enough Toilet Paper! @19:16 Infrastructure gap in the U.S. @23:02 Why is there no cheap real estate available? @40:15 Mutual funds for Crypto? @44:16 And more! This episode was recorded on April 17th, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
49:2203/05/2021
Ep.23 - part 1 - Underlying inflation is just not there yet

Ep.23 - part 1 - Underlying inflation is just not there yet

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about The Market updates @4:40 Underlying inflation is just not there yet @11:58 Probability of Economic growth in 2021 China vs. the USA @18:14 What’s China’s Belt & Road initiative? @22:45 Let’s talk about tax revenue @39:10   And more! This was recorded on April 17th, 2021. If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
48:4729/04/2021
Ep.22 - part 2 -  "TIPS" for protecting your asset against inflation

Ep.22 - part 2 - "TIPS" for protecting your asset against inflation

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about Employment situation summary – Bureau of Labor @1:03 Moody’s Analytics & CNN Business Back-to-Normal Index @13:38 Percentage of the population vaccinated @15:52 How to protect your asset against inflation @20:00 Correlation between inflation and devaluation of our currency @25:27 Some thing are not inflationary but look like they are @40:30 And more! This episode was recorded on April 3rd, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
50:2919/04/2021
Ep.22 - part 1 -  Things to know about fear of inflation

Ep.22 - part 1 - Things to know about fear of inflation

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about What happened in the market this week? (3/29 – 4/2) @3:39 The mortgage catastrophe has not gone away @9:40 The presidential election and the stock market @12:57 Fear of inflation @19:12 Issues in the shipping industry @21:07 What is ESG (Environmental, Social and corporate Governance)? Why is it important? @28:12 Why haven’t institutional investors moved to the value market? @34:56 Family office risk @40:16 And more! And more! This episode was recorded on April 3rd, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.
49:3117/04/2021
Ep. 21 - part 2 - Financial Literacy Around the World

Ep. 21 - part 2 - Financial Literacy Around the World

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about Power grid issues from the great freeze of 2021 @1:15 Which country has the most financial literate population? @24:46 Dunning-Kruger effect @29:56 People don’t know what they don’t know @32:46 Capacity utilization @40:13 And more! This episode was recorded on March 27th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
51:0614/04/2021
Ep. 21 - part 1 - Which currency is the world currency these days?

Ep. 21 - part 1 - Which currency is the world currency these days?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about What happened in the market @4:21 The financial benefit of SOFAR over LIBAR @15:35 US dollar is the most dominant currency @30:19 Supply chain issues – Suez Canal - @40:23 And more! This episode was recorded on March 27th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
49:2211/04/2021
Game Stop, Robinhood and the Merrymen of Reddit - What actually happened?

Game Stop, Robinhood and the Merrymen of Reddit - What actually happened?

Our one and only Jake McClure was a guest speaker at “Finance Podcast Week” by Podbean.  The GameStop short took many by surprise and brought the world of short selling into the mainstream. Join us for this in-depth panel moderated by Eric Schleien of the Intelligent Investing Podcast with Jake McClure of The Personal Wealth Coach Podcast and Rick Bloom from Rick Bloom Talks Money on the nuances of what actually happened, and how all the pieces fit together. This was recorded on March 27th, 2021.   If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
54:2909/04/2021
Ep.20 - part 2 - Why do we talk about the Covid-19 so much when discussing the US economy?

Ep.20 - part 2 - Why do we talk about the Covid-19 so much when discussing the US economy?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about Global plastic shortage triggered by the Great Texas Freeze of 2021 @2:30 Back to Normal Index @6:30 An update on the Unemployment Rate @9:52 Why do we talk about the pandemic? @15:35 What you need to know about the expected tax increases @26:43 An update on the winter storm in Texas @39:50 Bonds are not risk free @44:19 And more! This episode was recorded on March 20th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on the website (tpwc.com).  We are happy to address any of your questions about Economics and Finance. **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
50:3207/04/2021
Ep.20 - part 1 -  Economic effects of 1918 flu and covid-19

Ep.20 - part 1 - Economic effects of 1918 flu and covid-19

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about What happened in the Market @5:04 The US Government is the oldest active codified constitutional government on the planet @14:56 Question about Quantitative Easing programs since the 2008 crisis @19:58 Supply chain issues @28:24 What is the Federal Reserve dot plot? @40:55 And more! This episode was recorded on March 20th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
49:4730/03/2021
Ep. 19 - part 2 - What is a Consumer-Based Economy?

Ep. 19 - part 2 - What is a Consumer-Based Economy?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about What is a Consumer-Based Economy? @5:27 We Are Running an Experiment in the US Economy @11:38 Inflation Predictions for the Year @21:09 What Can We Expect from Janet Yellen as the Secretary of the Treasury @30:15 Oil Patch @38:48 SPACs @46:27 And more! This episode was recorded on March 13th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
53:3628/03/2021
Ep. 19 - part 1 - Predicting When an Economic Bubble is Likely to Pop

Ep. 19 - part 1 - Predicting When an Economic Bubble is Likely to Pop

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about What Happened in the Market @5:46 Is This a Bubble, If So, If/When Will it Pop @13:37 Difference Between Value and Growth Stocks; Why Does the Market Often Go Down When Interest Rates Go Up @18:35 The Fundamental Principle of Investing for the Long Term @24:12 China’s 100-year Growth Plan @31:16 The Cat Tail Theory by Jake McClure @39:46 And more! This episode was recorded on March 13th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
49:3225/03/2021
Ep.18 - part 2 - How do you feel about Bitcoins being accepted by more companies?

Ep.18 - part 2 - How do you feel about Bitcoins being accepted by more companies?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about Bitcoins Being Accepted by More Companies? @3:34 Do You Anticipate the Bears are Here to Stay? @9:59 Will Oil and Gas Exploration and Production Continue to Rise? @14:59 What Happens if a Pension's Backup Plan Needs a Backup Plan?  @17:00 Forgiveness on Student loans @33:41 The Power Outage in Texas @40:25 And more This episode was recorded on March 6th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
52:3923/03/2021
Ep.18 - part 1 - Is the US population aging? Issues of an aging population

Ep.18 - part 1 - Is the US population aging? Issues of an aging population

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about What happened in the market @ 5:08 Mid-cap value and S&P 500 moved quite differently @7:17 Interest rate discussion @12:23 What does the price of oil signify @16:29 What will people do with all the excess money they have saved @18:19 How much of a negative impact will birth rates have on bonds @20:45 Equilibrium for population and aging society @26:00 Baby boomers are no longer the largest group in the workforce @40:24 And more This episode was recorded on March 6th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
49:0221/03/2021
Short Timely Episode - What happens if a pension's backup plan needs a backup plan?

Short Timely Episode - What happens if a pension's backup plan needs a backup plan?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about the strengths and weaknesses of the overall pension system, and what we should expect.    This episode was recorded on March 6th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
18:3019/03/2021
Short Timely Episode - Is Bitcoin an investment or speculation?

Short Timely Episode - Is Bitcoin an investment or speculation?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about whether Bitcoin is an investment or speculation.    This episode was recorded on March 6th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
08:1716/03/2021
Ep.17 - part 2 - Why you should be careful with alternative investments: Bitcoin, Dogecoin, and GameStop.

Ep.17 - part 2 - Why you should be careful with alternative investments: Bitcoin, Dogecoin, and GameStop.

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about The breakeven point for inflation between treasury yields and TIPS (Treasury Inflation-Protected Securities) @2:02 Covid-19 cases in Bell County @7:45 Good news A.K.A. “less bad news” in the economy @10:17 Alternative investment such as Dogecoin, GameStop, and Bitcoin @29:18 Hypothetical question: Asking Jeff how he would feel if the stock market dropped by 50% @30:57 Do Bitcoin and Dogecoin have a bright future? @34:11 Largest stock exchange in India shutdown @39:41 And more This episode was recorded on February 27th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
51:0711/03/2021
Ep.17 - part 1 - Pros and Cons of $15 minimum wage

Ep.17 - part 1 - Pros and Cons of $15 minimum wage

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about What happened in the market? @8:15 a question about this Rare Bond-Market Inversion and what it might mean for inflation @20:36 Negative GDP growth (we call it shrinkage) @34:10 Predictions on the Economy, Inflation, and GDP @35:28 $15 minimum wage @39:02 How can GPD grow so much when shipping container shortages are at a critical point @44:08 And more This episode was recorded on February 27th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
50:1708/03/2021
Ep.16 - part 2 - Why did Texas suffer so much during the winter storm?

Ep.16 - part 2 - Why did Texas suffer so much during the winter storm?

Welcome to another episode with Jeff and Jake McClure from TPWC! Infrastructure wins and losses in Texas @2:00 Home title fraud or identity theft @15:22 Macro look: Midwest is recovering fast @20:13 Good news on COVID-19 @26:37 Tariffs are not going away @28:46 Inflation expectations @35:50 What we know about Stimulus checks @42:49 And more This episode was recorded on February 20th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
50:1905/03/2021
Ep.16 - part 1 - What can we learn from the oil market and bond market?

Ep.16 - part 1 - What can we learn from the oil market and bond market?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about Market Report @4:10 Yield Curve @9:03 Why we talk about what is going on oil and bond market @13:27 Discussion on supply chain issues for rare-earth minerals/metals @14:49 The dangers and difficulties of having your mortgage hacked (question from listener) @29:00 Production and Supply Report@35:16 Healthy growth at the same time that more people are getting laid off -discussion of the splits in the economy @36:43 And more This episode was recorded on February 20th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
49:4202/03/2021
Ep. 15 - part 2- What Happens when we are short of Microchips?

Ep. 15 - part 2- What Happens when we are short of Microchips?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about Chip shortage @1:52 Our infrastructure is falling behind @11:34 GDP and Unemployment forecast for 2021 @19:47 When will Covid-19 be over? @20:50 It’s been about 100 years since the last pandemic, will the next pandemic be better or worse for our economy? @27:26 Spam text messages @34:00 And more This episode was recorded on February 13th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
51:3727/02/2021
Ep. 15 - part 1- What are ETFs?

Ep. 15 - part 1- What are ETFs?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about 1. What happened in the market this week? @9:15  2. GameStop no longer makes the headlines @15:00 3. What are ETFs? @18:30 4. Oil price forecasts for 2021 @25:16 5. Covid-19 update @27:39 6. 401K and protections from hacks @30:00  and more! This episode was recorded on February 13th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
43:5225/02/2021
Ep.14 - part 2 - How is Robinhood making money with their "commission-free" policy?

Ep.14 - part 2 - How is Robinhood making money with their "commission-free" policy?

Enjoy another exciting episode by Jeff and Jake from The Personal Wealth Coach as they talk more about Robinhood.    More on how Robinhood is making money with their "commission-free" policy @1:30 Q.1: What happens if the regulators don’t allow payment for order flow? What is the impact on the market?  @5:42 Scary data on customers of Robinhood @9:21 Unemployment rate and minimum wage @11:53 Q.2: What’s happening to low-skilled workers and the minimum wage in the near future? @16:08 Q.3: With increased globalization with countries like China, Will there be another major war? @35:21 The Covid-19 updates @46:12   This episode was recorded on February 6th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
52:1824/02/2021
Ep.14 - part 1 - Was GameStop a classic case of a Pump and Dump?

Ep.14 - part 1 - Was GameStop a classic case of a Pump and Dump?

“Bull market makes geniuses out of all of us but bear markets shows us for the fools we really are” Jeff McClure   Enjoy another exciting episode by Jeff and Jake from The Personal Wealth Coach as they explain the scam "pump and dump."    Fantastic questions from listeners are as follows.  1. "what is yield in Finance?"  @24:42 2. "Harry Dent says we should take a cash position as this bubble may collapse, should we do so?" @30:56 3. "How is Robinhood making money? What is payment for order flow in brokerage?" @41:02   This episode was recorded on February 6th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
49:0423/02/2021
Short Timely Episode - Is there a case for market manipulation over GameStop?

Short Timely Episode - Is there a case for market manipulation over GameStop?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this short timely episode, Jeff and Jake talk about market manipulation by using GameStop as an example.  This episode was recorded on February 13th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
07:5718/02/2021
Ep.13 - part 2 - What's causing house prices to go up? What do we know about timing the market?

Ep.13 - part 2 - What's causing house prices to go up? What do we know about timing the market?

Welcome to another episode with Jeff and Jake McClure from TPWC! In this episode, you'll hear them talk about 1. The Real Estate Market (what's causing house prices to go up) @18:40 2. Trivia about FICA (Federal Insurance Contributions Act) @35:10 3. What Jeff and Jake have learned about timing the market @16:40 and @31:20 and more! This episode was recorded on January 23rd, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
51:1918/02/2021
Ep.13 - part 1 - Q&A: Many people say a stock market bubble is about to pop, is it time to sell and take some profits?

Ep.13 - part 1 - Q&A: Many people say a stock market bubble is about to pop, is it time to sell and take some profits?

An important lesson from this episode: “The timing  of your big investments and withdrawals in the market, even when you think the market is underpriced or overpriced, should only take place based on your long-term strategy” by Jake McClure   As always, Jeff and Jake from The Personal Wealth Coach talk about the market and answer the following questions from listeners.   Market updates @5:27 “The market was up not because Joe Biden was elected. That’s because somebody was elected.” @7:52 1st question "What is an index? What is direct indexing?" @13:20 2nd question "Is it true that Social Security, Medicare, and the interest on the national debt consume up to 90% of the government revenue?" @31:32 3rd question "How and why do existing companies issue additional stock?" @38:56 4th question "More and more articles say the market is overpriced, is it time to sell and take some profits?" @42:56   This episode was recorded on January 23rd, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
50:2915/02/2021
Ep.12 - part 2 - Q&A: How old is the nationwide power grid? Good and bad news about Covid-19

Ep.12 - part 2 - Q&A: How old is the nationwide power grid? Good and bad news about Covid-19

Enjoy another exciting episode by Jeff and Jake from The Personal Wealth Coach.     What do we know about how people are spending their stimulus check @9:15 “How old is the nationwide power grid? What will be the upgrading cost?”  @11:44 Government spending on Infrastructure on the internet, electric cars, and more @22:40 The good and bad news about Covid-19 @33:40   This episode was recorded on January 30th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
51:2211/02/2021
Ep.12 - part 1 - What happened to GameStop? What is a short squeeze?

Ep.12 - part 1 - What happened to GameStop? What is a short squeeze?

Enjoy another exciting episode by Jeff and Jake from The Personal Wealth Coach as they discover what really happened to GameStop.    Exciting questions from listeners are as follows.  1. "Should I bail out the market because everyone is saying the stock market will crash soon?" @41:01 2. "Should I buy a house with cash or low-rate mortgage and invest that cash in the market?" @42:11 3. "Why has the personal saving rate jumped up?" @46:01   Important lessons from this episode are “Borrowing a lot of money to put it in the market is a bad idea” by Jeff McClure. "Behavior changes with trauma" by Jake McClure.    This episode was recorded on January 30th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
51:1609/02/2021
Ep.11 - part 1- Are we reducing global supply chain dependence on China?

Ep.11 - part 1- Are we reducing global supply chain dependence on China?

Enjoy Market Updates by Jeff and Jake from The Personal Wealth Coach.   Exciting questions from listeners are as follows.  1. "What happened to the 2020 global initiatives to reduce the dependence on China in our supply chains?  2. "Which country has the largest industrial capacity? Is it greater than the rest of the world combined?"  An important lesson from this episode is "Ownership is how you remove yourself from poverty" by Jake McClure.  This episode was recorded on January 16th, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
48:4504/02/2021
Ep. 11 - part 2 - Why are house prices still going up? The market is so high, should we get more aggressive?

Ep. 11 - part 2 - Why are house prices still going up? The market is so high, should we get more aggressive?

Jeff and Jake from TPWC, enjoy talking about a wide variety of topics in this episode. Topics you can find in this episode are as follows.  1. Should I stay away from municipal bonds?  2. The reason why house prices are so high. 3. FAA (Federal Aviation Administration) approved drones to fly to deliver packages without someone's monitoring.    This episode was recorded on January 16th, 2020.  **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
51:4404/02/2021
Ep.10 - part 2 - What country is the largest consumer of gold in the world?

Ep.10 - part 2 - What country is the largest consumer of gold in the world?

Jeff and Jake from The Personal Wealth Coach talk about the gold standard and whether gold is a hedge to the U.S. dollar. Questions about LIBOR? What about SOFR? They are both discussed in this episode. This episode was recorded on January 2nd, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
50:5430/01/2021
Ep.10 - part 1 - Q&A: "Is King Dollar dead?" and "Should we go back to the gold standard?"

Ep.10 - part 1 - Q&A: "Is King Dollar dead?" and "Should we go back to the gold standard?"

Jeff and Jake from The Personal Wealth Coach discuss whether we should go back to the gold standard and how to make good decisions with your finances.  A listener asked, "Is King Dollar dead?" Hear the answer from Jeff and Jake! This episode was recorded on January 2nd, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
39:5026/01/2021
Ep.9 - part 2 - Q1 of the US 2021 GDP forecast and driverless trucks by Walmart

Ep.9 - part 2 - Q1 of the US 2021 GDP forecast and driverless trucks by Walmart

Jeff and Jake from TPWC are finishing 2020 strong by giving a preliminary prediction on the 1st quarter of the US 2021 GDP.  In-depth conversations about the newest member of the Federal Reserve and similarities found between the Spanish Flu and the Coronavirus.  An important lesson from this episode: "History doesn't repeat itself, but it rhymes" by Mark Twain.  This episode was recorded on December 19th, 2020.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
51:0620/01/2021
Ep.9 - part 1- Market updates and Q&A: What percentage of stock purchases are done on margin?

Ep.9 - part 1- Market updates and Q&A: What percentage of stock purchases are done on margin?

Jeff and Jake from TPWC, discuss our economy being sick with the virus or sick from fear of the virus and take some Q&A.  They also present the reality of Covid-19 from both Macro and Micro perspectives. The following questions are answered. "Who would pay billions of dollars for a millisecond of trading speed and why? What is the invisible tax to investors? " and "More and more people are trading fractional shares, will this cause more volatility in the market?"  This episode was recorded on December 19th, 2020.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
50:4018/01/2021
Ep.8 - Is Tesla overpriced right now?

Ep.8 - Is Tesla overpriced right now?

Jeff and Jake from The Personal Wealth Coach talk about Tesla and what parts of the market are overpriced and if any areas still underpriced.  Do we like Tesla as an investment? or do we like them as a company?  This short episode was recorded on January 2nd, 2021.  **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
13:1124/12/2020
Ep.7- part 2 - "K" shaped recovery, student loans, where do we get money from to pay for highways?

Ep.7- part 2 - "K" shaped recovery, student loans, where do we get money from to pay for highways?

Jeff and Jake from TPWC, talk about the Economy's "K" shaped recovery and take some Q&A.  The "K" shaped recovery explained? What will happen if the gasoline tax revenue keeps declining as people are switching to electric cars and using less petroleum?    This episode was recorded on December 12th, 2020.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
52:5023/12/2020
Ep.7 - part 1 - Market updates and Q&A: What is the IPO process? Who gets to buy the initial shares?

Ep.7 - part 1 - Market updates and Q&A: What is the IPO process? Who gets to buy the initial shares?

Jeff and Jake from TPWC talk about weekly market updates and answer several questions such as "What is the IPO process?", "Who gets to buy the initial shares?", and "What is the minimum or maximum income amount which individuals will have to pay back their portion of the OASDI (Social Security payroll tax holiday) payment to the treasury starting January 2021?"  Curious to know their answers? Enjoy the episode! This episode was recorded on December 12th, 2020.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
52:5021/12/2020
Ep.6 - Long-Term Investing: What is it? How do you do it? How do you NOT do it?

Ep.6 - Long-Term Investing: What is it? How do you do it? How do you NOT do it?

Jeff and Jake from TPWC are back to talk about what investing actually is. Quotes from this episode: "investment means you become something else, something bigger, and something greater" and "reliable profit comes from adding value that people wish to buy" by Jake McClure.   This episode was recorded on December 9th, 2020.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
32:3618/12/2020
Ep.5 - Things to know about Roth IRAs, Traditional IRAs, converting, and rolling over.

Ep.5 - Things to know about Roth IRAs, Traditional IRAs, converting, and rolling over.

Another custom-designed podcast episode is here! Jeff and Jake from TPWC are here to talk about Traditional IRAs, Roth IRAs, converting, and rolling over. Roth IRAs and Traditional IRAs are very important but rarely explained in detail.  This episode was recorded on December 2nd, 2020.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
28:1203/12/2020
Ep.4 - How do markets move on election results?

Ep.4 - How do markets move on election results?

Welcome to our first custom-designed podcast episode! Jeff and Jake from TPWC explain the impact of the 2020 US presidential election on the markets.  This episode was recorded on October 28th with the intention of being posted before the election. However, due to a technical error, it was delayed but it is available now.  **The information we are presenting during the podcast is for educational purposes and is not considered investment advice.  
23:5629/11/2020
Ep.3 - part 2 - When is debt good or bad? More Q&A about Robinhood and 1031 property exchange

Ep.3 - part 2 - When is debt good or bad? More Q&A about Robinhood and 1031 property exchange

Jeff and Jake from TPWC talk about debt and answer several questions from listeners. "How did Robinhood (trading & investing app) get hacked?" and "How do you check the reputation of a company that handles 1031 property exchanges?" Curious to know their answers? Enjoy the episode! This episode was recorded on October 17th, 2020.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
52:5026/11/2020
Ep.3 - part 1 - The Economy, The News, Q&A, and How the 2020 US presidential election will affect the market.

Ep.3 - part 1 - The Economy, The News, Q&A, and How the 2020 US presidential election will affect the market.

Jeff and Jake from TPWC talk about the Economy, the News, Q&A, and how the 2020 US presidential election will affect the market. The markets hate uncertainty. Curious to know about their answers? The following questions are answered as well, "Can you explain how countries control the value of their money?" and "How investors make money from it?" This episode was recorded on October 17th, 2020.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
52:3025/11/2020
Ep.2 - part 2 - Medical Pricing, Value Stocks, and Unemployment Rate

Ep.2 - part 2 - Medical Pricing, Value Stocks, and Unemployment Rate

Jeff and Jake from TPWC talk about Medical Pricing, Value Stocks, Unemployment Rate, and What's Happening to Sales Tax Revenue due to COVID-19 in Bell County and Travis County.   This episode was recorded on September 26th, 2020.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  
52:4916/10/2020