Minds Over Money

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [11:13] And this week’s financial planning topic is Don’t Make These Common Retirement Planning Mistakes. 🚫

📉 [0:51] The first headline, “Declining Jobless Rate Keeps Fed on Track to Accelerate Taper”, is an article that explores how the declining jobless numbers are encouraging the Fed to accelerate their taper plans and eventually raise interest rates.

💰 [4:01] The second headline, “Covid-19 Made Americans into Super Savers”, discusses how Americans have been saving at a rate not seen since the end of WWII and how that surplus of cash could hamper an individual’s financial growth as well as the economy’s long-term growth.

🛡️ [7:00] Our final headline, “Tech Companies Push Users to Adopt Two-Factor Authentication”, is a deep dive into how tech companies have been encouraging users to beef up their security by utilizing two-factor authentication.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [17:23] And this week’s financial planning topic is how to stay focused while growing and protecting your nest egg. 💰

📈 [0:49] The first headline, “U.S. Economy Could Enjoy Post Holiday Glow, New Variant or No”, is an article that explores how the typical January swoon our domestic economy usually feels could be diminished due to the easing of the supply chain bottlenecks and excess of jobs available in the labor market.

📦 [4:08] The second headline, “Amazon Builds Out Network to Speed Delivery”, discusses how Amazon has invested in their warehousing, sorting, and shipping facilities to speed up deliveries ahead of the holiday season.

💻 [8:58] Our final headline, “Tech Conglomerates are the New Leaders of Industry”, is a deep dive into how the giant tech companies are displacing the old conglomerates like GE as the new leaders of industry.

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📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [15:22] And this week’s financial planning topic is how to turn your nest egg into an income stream in retirement. 💸

✈️ [0:43] The first headline, “Canceled Flights and Crowded Airports”, is an article that explores how this holiday travel season from Thanksgiving weekend to New Year’s will be a chaotic one with the potential for delayed or canceled flights and stranded travelers due to staffing shortages from the airlines themselves to TSA agents.

⛓️ [5:38] The second headline, “Today’s Shortages Could Soon Become Tomorrow’s Gluts”, discusses how the current demand shortages and stockpiling of raw materials could turn into supply gluts causing an end to the current inflationary pressures consumers are experiencing.

🚗 [10:11] Our final headline, “Ford and GM Step Into Micro-Chip Business”, is a deep dive into how Detroit’s two largest auto manufacturers are looking to vertically integrate with the microchip industry to stave off future supply chain issues.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [11:19] And this week’s financial planning topic is ‘Change is Inevitable, Are You Prepared?’, how leveraging a team of advisors can help you sort through the noise of our ever-changing financial lives. 🧭

🚢 [0:40] The first headline, “Ocean Shipping Rates Fall”, is an article that explores how cross pacific shipping rates have fallen by 26% over the last 30 days and are now showing signs of returning to normalcy.

🏢 [3:11] The second headline, “Record Quitting Fuels Tight Job Market”, discusses how an influx of people quitting their jobs has impacted the tight labor market and how we now have a surplus of about 3 million jobs in the country.

📈 [6:58] Our final headline, “Inflation Hits 31-Year High”, is a deep dive into how inflationary pressure has affected everything from furniture and bedding to groceries and cars, nearly every product or good is experiencing the largest price increases in more than 30 years.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [10:26] And this week’s financial planning topic, “The Goose, and the Golden Eggs”, how to turn your life savings into retirement income using the safe withdrawal rate.🦢🥚

🚚 [0:49] The first headline, “When Will Supply-Chain Strains Finally Ease”, is an article that explores how the monstrous supply-chain issues have clogged up the global economy and how long we can expect the delays to last.

🌕[3:14] The second headline, “After Returning to the Moon, How Will Astronauts Get Around?”, discusses how surface travel on the Moon might function and the economic opportunities for companies to engineer and manufacture all the hardware required for lunar missions.

📈 [6:22] Our final headline, “The Economic Recovery from Covid-19 Was Easy; Now Comes the Hard Part”, is a deep dive into how the global economy is nearing a pivotal time in the recovery where companies and governments will have to plan for and set policy to transition into a sense of new economic normalcy.

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On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio.  [10:29] And this week’s financial planning topic is Why Investing is Difficult, a review of the mechanics and behaviors that can lead to successful investing.

[0:40] The first headline, “Supermarkets Play Supply Chain Whack-A-Mole”, is an article that explores how supermarkets across the country are dealing with supply chain issues on food items that seems to change week to week.

[4:48] The second headline, “Mesa Air Moves into Drone Delivery”, discusses how regional airline Mesa Air is experimenting with autonomous drone food delivery, joining heavyweights like Amazon and Google.

[7:53] Our final headline, “Jobless Claims Fall to Pandemic Low”, is a deep dive into how the jobless claims have hit a pandemic low signaling that the economic recovery is on solid footing.

Hope you enjoy it!

📰 On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [13:36] And this week’s financial planning topic Running Your Own Race, how focusing on your own financial goals and dreams can help you find success. 🏃‍♂️

👨‍💻 [0:40] The first headline, “SolarWinds Hackers Continue Attacks”, is an article that explores how the hackers behind last year's SolarWinds hack are continuing their attacks on U.S. technology companies.

🏭 [4:31] The second headline, “Natural-Gas Sticker Shock”, discusses how the increased cost of natural gas is having farther-reaching adverse effects than just increased costs during the colder months, possibly affecting the costs of pantry staples and gasoline prices at the pump into 2022.

🗺️ [8:26] Our final headline, “Retreat from Globalization”, is a deep dive into how the far-spreading web of the global supply chain network has come under threat from Covid-19, climate change, and geopolitics and geopolitics, and how governments and companies are reacting to these threats.

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On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio.  [9:28] And this week’s financial planning topic is how to fund your perfect retirement.

[0:40] The first headline, “Captain Kirk Goes to Space”, is an article that explores how famed actor William Shatner, who played Captain Kirk on the original Star Trek series, went to space on a Blue Origin flight becoming the oldest person to ever go to space at age 90.

[3:19] The second headline, “Toyota & Stellantis to Build EV Battery Factories in US”, discusses how both Toyota and Jeep parent Stellantis independently announced that they intend to build factories to build batteries for their future EV models in the US.

[6:03] Our final headline, “Social Security Benefits to Increase”, is a deep dive into how the Social Security Administration announced their largest single-year cost of living increase for 2022 at 5.9% in four decades. The increase is in response to the rising cost of almost everything due to the pandemic stimulus money as well as supply chain issues and bottlenecks.

Hope you enjoy it!

On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio.  [16:01] And this week’s financial planning topic is the three phases of retirement, what to expect and how to plan for future expenses.

[0:44] The first headline, “Builders Hunt for Alternatives”, is an article that explores how construction companies are getting creative with alternatives to supplies that are in short order like plywood, floor joists, and commercial insulation instead of delaying their builds and waiting on supply chain issues to be ironed out.

[3:46] The second headline, “Soaring Energy Prices”, discusses how increasing energy prices are affecting consumers globally, and what to expect here in the U.S. as we get closer to the cold weather season.

[8:20] Our final headline, “Autonomous Trains”, is a deep dive into how autonomous trains could be a part of the answer to help iron out our supply chain bottlenecks by increasing our freight capacity in the U.S. by almost 50%.

Hope you enjoy it!

On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio.  [9:13] And this week’s financial planning topic is taxes in retirement, how to know what you’ll owe.  Plus, the tax liability of the 4 different sources of income in retirement.

[0:42] The first headline, “Workplace Automation”, is an article that explores how employers worldwide implemented more workplace automation in the response to the pandemic and what impact that will have on the companies and their workforce.

[3:21] The second headline, “First Americans”, discusses how scientists found fossilized footprints from children and adolescents that are approximately 21,000 to 23,000 years old, providing definitive proof that humans were in North America before the last ice age.

[5:57] Our final headline, “The U.S. Debt Ceiling”, is a deep dive into what the debt ceiling is and why it’s so important as we enter into the final weeks before congress needs to pass legislation to avoid the U.S. government from defaulting on its loan obligations like veteran’s benefits or Social Security payments.

Hope you enjoy it!