Something More With Chris Boyd Show Podcasts

Chris and Keats talk about three tax proposals and how they may affect estate planning: President Biden’s Income Tax, Capital Gains, Social Security Sander’s For the 99.5% Tax Act Van Hollen’s Sensible Taxation and Equity Promotion (Step) Act of 2021 Chris and Cathi discuss financial mistakes to avoid in your 50s and 60s, including: Spending Retirement Money Before Retirement Retiring Too Soon Relying Entirely on Social Security or Pension Not Having an Estate Plan Being Too Conservative with Investments Doing Nothing

F. Keats Boyd, President of Boyd & Boyd, PC, discusses the basics of estate planning, including the reasons to set up an estate plan and when/when not to use a Medicaid planning trust. MAIN REASONS FOR AN ESTATE PLAN: Passing wealth at death Incapacity care planning  Probate avoidance Asset protection  Tax avoidance income and estate tax avoidance

When doing financial planning money is the how; what is really important is the why. AMR’s 360 Financial Planning process helps clients look at all of the quantitative items impacting their finances, including income, assets, expenses, needs, Social Security, risk, and estate planning. It also addresses all of the qualitative aspect, including one’s personal and financial goals. Learn about AMR's 360 Financial Planning process.

Asset Management Resources' Active Allocation process looks at numerous factors, including economic data and valuations, to see where opportunities and risk may be. We proactively adjust the portfolio in anticipation of these issues, striving to get the best risk-adjusted returns. Learn more about our Active Allocation process at AMRfinancial.com.

Women have unique challenges when it comes to financial planning. As the traditional family caregiver they may have fewer working years, which can affect income, savings, and Social Security benefits. Chris, Brian, and Cathi talk about Warren Buffet, the Fed’s management of the 2020 financial crisis, and changing demographics. The U.S. population grew at slowest pace since the 1930s. Negative demographic trends are deflationary to the economy.

The AMR team continues their discussion about spring cleaning finances.  This week they focus on investments, administrative tasks, and insurance, taxes, and estate planning. Some of the best ways to grow your savings are to delay spending (setting money aside for future expenses) and direct debits from a checking to an investment account (IRA/Roth IRA, 401(k), etc.).  

You spring clean your house, your yard and even your car, what about your personal finances? In this episode the AMR team shares tips for spring cleaning your finances - including bank accounts, credit cards, investments, administration, life insurance, taxes, and estate planning.

Listen to what the AMR team has been itching to do once the pandemic has ended and what they don’t want to see revert to pre-pandemic times. Chris, Brian and Jeff Perry comment on President Biden’s address to Congress last week and how the policy implications could impact portfolios and taxes. Fiscal policy has proposed increased spending and tax increases are likely to offset the spending. The market is reacting more to the extra spending than to tax increases. The increase in inflation expectations and increase in earnings has been positive for stock market and negative for investment grade bond market in the aftermath of the President’s address.

Chris and Brian talk about speculative investments, including IPOs, venture capital, private equity, cryptocurrency. Speculative investing my have a place in some portfolios, but it can come with risk. AMR addresses client questions that have come in through the mailbag - President Biden's Infrastructure plan and real estate investments. Jeff Perry, J.D., shares his professional background and why he decided to join AMR.

Chris and Brian review market conditions and portfolio designs from the latest AMR Quarterly Economic & Market Update webinar. They also talk about speculative investments, such as cryptocurrency, Game Stop, and more.  Be sure to reach AMR's latest Investment Insights, a review of the Economic & Market Update webinar, at AMRfinancial.com.

The AMR team shares best practices on how to create a paycheck in retirement. They talk about social security, pensions, work retirement accounts, IRA RMDs, and more. All of these individual income streams should be looked at as part of a big picture when deciding when and how to withdrawal from them for cashflow.

Jenny Jackson of Coldwell Banker Barnes joins Chris to talk about the Nashville real estate market. Nashville has seen an influx of new homeowners during the pandemic. With the flexibility to work remotely, some people are choosing to move to areas with a more favorable climate and easier pace of life. This is causing high housing demand in areas with low inventory, driving prices up.   

Deborah Schilling of Willam Raveis joins Chris to talk about the real estate market on Cape Cod. Many people moved during the pandemic to attractive locations like Cape Cod, causing the real estate market in those areas to soar. February statistics show that the number of homes available on the Cape Cod market is down 77% from last year and that homes are selling for approximately 25% more. The best chance for the highest rate of return is a decluttered and modernly decorated home.  

Ryan Tufts from Harbor One Mortgage joins Chris. From a historical perspective mortgage rates continue to be very low and the environment is very competitive. If you are thinking of refinancing, it may be good time to talk with a mortgage representative if your rate is above 4% and/or you are still covering mortgage insurance.   AMR talks about when to buy a house: Should you buy when interest rates are high and prices are lower? Is it always more advantageous to purchase a home versus renting?  

Chris and Brian discuss the $2Trillion infrastructure bill and what's covered in it. F. Keats Boyd III, President of Boyd & Boyd P.C. joins to discuss the potential tax implications of the bill.  Chris and Brian discuss investing in real estate - from home ownership, to property management, to REITs - and AMR's real estate portfolio. 

Brian talks about his financial marketing pet peeves. He does not want investors to jump on the bandwagon of what is being promoted by those preying on one’s gambling impulses and/or financial insecurities. These pet peeves include: Advice in day trading newsletters A brand name stock always rebounds RIAs that don’t talk with clients about portfolios and how they are comprised Isbeau Miller talks about her background and that of her husband. They started Beckon Homes.com as a property management business for luxury home vacation rentals in both Nashville and Cape Cod.   Chris talks about the holy season and current events.  

Chris and Brian talk about investing for income vs. investing for total return. Even if a company is paying dividends, if they fail to reinvest in their business then the company will likely lose value at some point. They also discuss momentum versus tactical investing. Momentum investing is buying when the stock price is going up and selling when it is going down. Tactical investing places clients into a strategic asset allocation based on risk preference. Since buying stocks is taking ownership in a company, AMR suggests investing based on the value of the company vs. the intrinsic value. 

AMR shares considerations for being tax efficient on your 2021 taxes, including withholdings, retirement plans, Health Savings Accounts, capital gains, investments, and annuities and insurance policies.

Maryanne Bombaugh, MD MSc MBA CPE, past President of MA Medical Society, joins Chris to check in on Covid-19 and the vaccines. They discuss: What do the trends indicate? How effective are the vaccines? Are they safe and being disseminated quickly enough? What do we think the pandemic will end?  

AMR shares tax planning considerations, as well as Biden’s tax plan and the potential impact on the economy. Brian talks about rising bond interest rates and what drives the rates.