Something More With Chris Boyd Show Podcasts

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  

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

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

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

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

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

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.wealthenhancemen

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

In the News – Chris Boyd and Jeff Perry dig into the financial news of the week. The big news moving the markets this week is the comments of Federal Reserve (Fed) Chairman Jerome Powell indicating the likelihood that the Fed’s are still expecting interest rates to decline later in the year. Jeff next mentions the topic of the National Association of Realtors reaching a settlement to end landmark antitrust lawsuits by paying $418 million in damages and eliminating certain types of commissions. Chris and Jeff discuss the likely changes to how real estate agents are compensated and the need for consumers to be aware of upcoming changes to selling and buying a home. 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

In the News – With no shortage of newsworthy topics to discuss, Chris Boyd and Jeff Perry review popular news stories of the week. On a lighter note, Chris and Jeff start off with expressions of appreciation for moving our clocks one hour ahead to Daylight Savings time. The duo shifts to the political topic of President Biden and former President Trump basically locking up their respective primaries. Chris and Jeff speculate what could happen to change this expected election rematch. The segment ends with a review of the week’s economic data, including the CPI, PPI, and unemployment numbers. 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.

In the News – Chris Boyd and Jeff Perry start of this segment with commentary about the current state of the news in America and the lack of unbiased sources of current events. The conversation shifts to the topic of the growing national debt. Jeff highlights a variety of data points from the US Debt Clock (see link below). Chris and Jeff reflect on recent statements by Jamie Dimon about the future negative economic impacts of the national debt. Chris and Jeff turn to Federal Reserve Chairman Jerome Powell’s statement and testimony to Congress this week and its impact on the markets. Chris and Jeff discuss the assorted topics of interest rates, economic data and the influences of elections and politics. https://usdebtclock.org/