Asset Management Group, Inc

On today's show Andrew and Mo discuss the fact that there are many economists predicting a recession in the next 12 months. Is it time to take stock of your current plan? What should you be doing, if anything to weather the current financial storm. Reach out to Andrew and Mo at 800-419-6164 orhttps://www.assetmg-inc.com/See omnystudio.com/listener for privacy information.

On today's show Andrew and Mo discuss the fact that there are many economists predicting a recession in the next 12 months. Is it time to take stock of your current plan? What should you be doing, if anything to weather the current financial storm. Reach out to Andrew and Mo at 800-419-6164 orhttps://www.assetmg-inc.com/See omnystudio.com/listener for privacy information.

On today's show Mo and Andrew discuss the do's and don'ts for investing for retirement. Also, they'll take a look at four major financial gaps that can have a serious impact on your retirement planning. Reach out to Mo and Andrew at 800-419-6164 orhttps://www.assetmg-inc.com/See omnystudio.com/listener for privacy information.

On today's show Mo and Andrew discuss the Social Security cost of living adjustment.The COLA for next year marked the largest increase in over four decades at 8.7%.. not since 1981 has there been such a large Social Security adjustment. What does this mean for retirees and pre-retirees alike? We spend most of our careers accumulating money for retirement. Once we hit that financial red zone the focus has to shift to decumulation. Let’s break that down and explore some ways to do it correctly. Reach out to Mo and Andrew at 800-419-6164 0r https://www.assetmg-inc.com/team/andrew-nida See omnystudio.com/listener for privacy information.

Andrew and Mo cite results of a J.D. Power study that revealed some pitfalls of utilizing digital resources in planning your own retirement. They break down the advantages and, in their opinion, the necessity of working with a professional to build and maintain your retirement. They also go over some of the “curveballs” of retirement in the form of unexpected expenses and then offers strategies to stay on track in the current economic environment. You can reach Andrew Nida and Mo Piram by calling 855-792-5855. Asset Management GroupSee omnystudio.com/listener for privacy information.

Andrew and Mo discuss reasons why some may decide or need to delay their retirement start date. Reasons include having not saved enough, not accounting for taxes, relying exclusively on Social Security, and sequence of returns risk. They also go over some last-minute financial moves you can consider before launching your retirement. Those include reducing portfolio risk, maximizing 401(k) contributions, planning your Social Security and Medicare strategies, and exploring long-term care protection options. Andrew and Mo then show how we need to factor in longevity to avoid some risks that can come with that including too much risk, outdated withdrawal strategies, and improper rollovers. You can reach Andrew Nida and Mo Piram by calling 855-792-5855. Asset Management GroupSee omnystudio.com/listener for privacy information.

Andrew Nida and Mo Piram break down the "hidden tax" of inflation and what should be considered in retirement planning as well as your approach to risk during times of volatility and, for that matter, anytime. You can reach Andrew and Mo by calling 855-792-5855. Asset Management GroupSee omnystudio.com/listener for privacy information.

Mo covers Secure Act 2.0 as it stands now and the proposed changes which could affect the strategies of retirees and the savings of workers. He looks at everything from the requirement to automatically enroll new employees to a 401(k) to proposed raising of the RMD age and decreasing the penalty for missing a required minimum distribution. Mo also looks at strategies to consider to make sure you can get through your retirement and ease the fear of running out of money. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo breaks down the data from a Kiplinger-ATHENE poll of just over 800 Americans asking their thoughts on retirement. Results include their feelings on stock market volatility, Social Security, inflation, the threat of running out of money, and what they see as sources of income. He then moves into the complexity of required minimum distributions and what you should consider to avoid potential higher taxes, higher Medicare premiums, and a stiff penalty. CloudVestors See omnystudio.com/listener for privacy information.

Mo covers challenges you could face down the road in your life if all of your investment savings are in tax deferred accounts. He looks at implementing a tax bucketing strategy to include taxable, pre-tax, and tax-free. We're all feeling inflation now but in the second segment Mo offers strategic tips to combat would could be pain felt later due to rising interest rates. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo digs into the Student Debt Relief Plan with an initial look at the different components and who it could affect. He covers the extension of the loan payment pause, the debt relief and who could be eligible, and the public service loan forgiveness. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo takes an initial look at the Inflation Reduction Act in dissecting the legislation that is now law and discusses short and long term effects and what it could mean for you. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo looks at a BlackRock survey of nearly three-thousand savers describing their go to savings and investment vehicles. He discusses ETF's, Annuities, Individual Securities, Mutual Funds, Cash, and speculates on what could have fallen into the "other" category. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo explores the reason why many retirees are considering returning to the workforce of making the decision to do so. Is it rooted in emotion and fear caused by the economy, grounded in reality, or both? He also offers good tips and strategies to follow to keep your retirement in tip top shape. CloudVestorsSee omnystudio.com/listener for privacy information.

Are we in a recession? Mo discusses the conventional definition of recession and how we arrived at our current economic condition as well as how it compares to downturns of the past. He talks about high inflation and rising interest rates. In the first segment, Mo sets the stage for the current state of our economy. In the second podcast segment, he outlines some strategies people should consider to combat recession and inflation in all stages of their financial lives. Mo focuses on how strategies can differ from ages 35 to 50 and then to 65. CloudVestorsSee omnystudio.com/listener for privacy information.

The first segment of the podcast centers around sustainable investing and ESG (Environmental, Social, and Governance.) Mo discusses what motivates people to look into this type of investing and including investments that meet the ESG criteria. The second segment includes a general conversation on the economy now and what the future holds for employment with technology and AI. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo talks inflation on this episode. How did we get here at 9.1 percent at the time of the recording? What are possible solutions as far as our national economic outlook? Most importantly though, what are strategies we can employ to combat inflation in our personal lives. Mo discusses analyzing your own personal rate of inflation factoring in the number of people in your household, the number of vehicles you own, and even the length of your commute. He says it's important to know your own rate before looking at strategies. He then moves into strategies including cutting where you can but also looking at growth aspects on your income side. https://cloudvestors.comSee omnystudio.com/listener for privacy information.

Mo covers the considerations that need to be given in properly structuring your portfolio. He looks at determining a proper risk balance and based on where you are in life. He also talks about the different components that make up a portfolio from cash to investments, ETFs to Mutual Funds and other tools to consider. Visit www.cloudvestors.com. CloudVestorsSee omnystudio.com/listener for privacy information.

It's time for that mid-year financial review. Mo covers what should be and is considered by Cloud Vestors when meeting with their clients to review their strategies. Topics covered include tracking your budget and spending, your savings, tax strategies, and your retirement moves whether you're in the accumulation or distribution phase of your life. CloudVestorsSee omnystudio.com/listener for privacy information.

It's the 2nd year anniversary podcast celebration. Everyone joins in the party for podcast 104! At the same time, the business of untangling your finances continues as Mo discusses fortifying your portfolio to withstand the storm of our current economy. What are strategies to help combat inflation, the bear market we're in, rising interest rates, and possible recession. That's the conversation on this episode. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo looks at three age groups: Mid 20s, Mid 30s, and Mid 40s He looks at what they have and have not experienced in the financial world during the time they've been involved in it and goes over what strategies they should consider now given the current economic climate. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo covers the generations in this podcast. He especially focuses on those in the "sandwich generation" who are saving for retirement and possibly assisting their parents and their children at the same time. He offers some good strategies and things to consider in making sure you maintain your savings momentum while still helping those in your family. The conversation then turns to what the future will hold as people are living longer. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo discusses the challenges faced by retirees and soon to be retirees now with the changing economic landscape. He covers strategies to consider in helping you stay on course. Market volatility, inflation, sequence of returns risk, and cash flow are part of the conversation. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo explains the difference between a market correction and a bear market: what constitutes each and how long have each historically lasted? He also discusses what to consider with your investment strategy during a bear market such as a diversification reevaluation, what performs well in a bear market, if there are any strategies you wouldn't normally consider as seriously in a bull market, and if there are any bargains. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo covers required minimum distributions today: When do you take them? How do you take them? What's the penalty if you miss one? What are the pros and cons of taking them at the end of the year, right away, or spacing them out through the year? It's all covered in this podcast. CloudVestorsSee omnystudio.com/listener for privacy information.

Moise Piram explores the pros and cons of running to safety with I-Bonds and TIPS (Treasury Inflation-Protected Securities) during times of high inflation and market volatility. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo Piram of CloudVestors and cloudvestors.com addresses the volatile times we are experiencing in the markets in 2022. He explains why we are here and how we should react while warning against making emotional decisions. Mo also talks about the need to explore safer strategies and proper diversification during high volatility to help cut down on your risk. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo covers Roth IRA and its use as a proactive tax strategy plus other ways to utilize Roth in your overall financial plan. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo covers the issue of trust in the relationship between financial advisor and client. He covers knowledge, integrity, proper communication, and acting in the client's best interest. He also notes that there needs to be an element of trust in the client's follow through with recommendations. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo is in a travel frame of mind as he records the podcast on his family vacation. He talks about the things to consider when planning the getaway such as accommodations, mode of travel, and basically where your budget allows you to go. He also talks about planning ahead and saving for the vacation to eliminate overuse of the credit card. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo talks to anyone who may have an interest in using a robo-advisor in their investment life. He explains for whom and how they should possibly approach this. He also explores factors such as the amount of money to invest and complexities of your financial life as he suggests taking a piecemeal approach. He also extols the values of working with a human being who would have a better sense of your personal approach such as your risk appetite. You can learn more about CloudVestors and reach out to Moise Piram and the team by visiting the website below. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo offers tips on identifying your financial goals and documenting them. He also covers how to track your progress in your overall financial goals and in each individual one. Vist the CloudVestors website below for more information on the firm and to schedule an appointment. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo goes crypto with a look at the growing interest in cryptocurrency. Is it something you should consider? Should you have a firm grasp of it first? Mo answers these questions along with looking at how you should approach cryptocurrency in your financial plan. You can learn more about CloudVestors and reach out to Mo by checking out the website below. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo explains the difference between a market crash and a market correction and talks about how to fortify your portfolio in the event of either. He talks about the factors that determine whether or not we are in a recession and again covers various strategies to employ depending on your age and your appetite for risk. You can reach Moise Piram at the CloudVestors website below. CloudVestorsSee omnystudio.com/listener for privacy information.

We'll wrap up first quarter 2022 at the end of March. Mo goes over your first quarter report card. Topics discussed include your credit, your budget, tax preparation, and how to strategize in the midst of high inflation and market volatility. You can reach Moise Piram and the CloudVestors team at the website below. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo talks about the Russian invasion of Ukraine and how it has and could impact the markets and the U.S. economy. He addresses what you should consider as you review portfolio. You can contact Moise Piram and the team by visiting the CloudVestors website below. CloudVestorsSee omnystudio.com/listener for privacy information.

We're going through times of volatility and it's creating a lot of uncertainty. What moves should you consider in your financial life to play the cards we're being dealt? Mo covers some good moves and strategies to possibly employ with volatility in the markets and high inflation. The conversation spans the different periods of a person's financial life. You can reach Moise Piram and the team by visiting the website below. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo covers things to consider to foster a harmonious financial relationship for couples. He stresses the importance of openness and proper communication so couples can be on the same page. Mo talks about shared financial goals, investment strategies, family planning, legacy planning, and how to break down the finances between joint accounts and separate accounts. CloudVestorsSee omnystudio.com/listener for privacy information.

We're seeing it. Inflation like we haven't seen in decades. How do we combat high inflation? How do we not let it eat away at our savings and stop it from interrupting our investment strategies. Mo takes at look at possible solutions and also talks about ways to play the investment game with the cards we've been dealt. CloudVestorsSee omnystudio.com/listener for privacy information.

What has caused the volatility in the markets so far in 2022? Mo explains the uncertainty of the actions of the Fed regarding interest rates, inflation, and even world events and the role of each in making the markets jittery. He also looks ahead for the rest of 2022 and talks about how he feels about the rest of the year. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo takes a look at economic indicators for 2022 such as the stock market, inflation, interest rates, unemployment, and more. He also takes a look at what strategies should be considered in light of these financial factors. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo covers what to expect for 2021 taxes including income brackets and rates for 2021 and looking ahead to 2022. He also discusses the standard deduction, deductions and credits available, charitable deductions, and more. Mo also talks about the IRA strategy still available for 2021 and proactive strategies looking ahead to 2022. CloudVestors Tax Season 2022: What You Need To Know (And Looking Ahead to 2023) | RamseySolutions.comSee omnystudio.com/listener for privacy information.

On the eve of 2022, Moise Piram takes a look back at the big financial stories of 2021. Topics include the GameStop phenomenon, the coming of age of cryptocurrencies, high inflation, and a red hot housing market. You can reach Moise Piram and the team at CloudVestors by visiting the website below. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo has some great ideas to consider when making your financial resolutions for 2022. Topics covered include developing a serious spending plan, considering refi, eliminating debt, and boosting your retirement savings. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo takes your portfolio to the financial doctor for an annual checkup. The topic is the annual review of your portfolio and what should be examined at the end of the year including your diversification, your risk, and your goals moving forward. Mo also talks about the need to check your performance over the last year and the make sure no deadlines are missed including tax opportunities and required minimum distributions if you are 72 or older. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo discusses several efficient ways to use your Christmas bonus. Some of the options include paying off debt, shoring up your emergency fund, and even using it to max out your 401(k). See the link below for a Dave Ramsey article addressing this same subject. CloudVestors https://www.ramseysolutions.com/saving/christmas-bonus-smart-ways-to-make-it-countSee omnystudio.com/listener for privacy information.

Mo covers financial items to check off your to do list at the end of the year. He also stresses this is a great time to assess your financial strategies. Mo encourages checking your spending over the year, evaluating your saving methods, your debt payoff moves, and any tax deadlines you may face. You can reach Moise Piram and the team at Cloud Vestors by visiting www.cloudvestors.com. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo offers tips on gift buying for the holidays and how to not let it bust your budget. He suggests a gift buying budget, saving ahead of time, and some things to consider when you find a better deal than your original budget anticipated. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo runs down a good list to compile when you are nearing retirement. This list includes determining your retirement age, your Social Security claiming age, strategies involving your pension, building a personal pension, health and long term care protection, and estate planning. Moise Piram and the team are ready to help you no matter where you are in your financial life. CloudVestorsSee omnystudio.com/listener for privacy information.

Mo discusses the recently released changes to contribution limits for those with a 401(k), IRA, SEP, Simple, Solo 401(k) and what was increased and what wasn't. He also discusses the Social Security cost of living adjustment for 2022 and the increase in the salary amount that would make the salary for the rest of the year exempt from payroll tax that funds Social Security. CloudVestorsSee omnystudio.com/listener for privacy information.