The Tom Dupree Show

THE TOM DUPREE SHOW 1. THE SAVINGS MINDSET IN RETIREMENT • Mental separation of accounts • Transition challenges: saving to spending 2. MAKE YOUR MONEY WORK • Earn returns on all holdings • Money market funds: 4-5% current rates 3. CREATE A SPENDING POLICY • Mirror your investment policy • Plan safe withdrawal rates 4. THE BUCKET LIST APPROACH ✓ Set deadlines for goals ✓ Balance saving and enjoying wealth 5. THE “NAPLES EFFECT” → Spending changes away from home → Impact on retirement planning 6. EVOLVING VALUE OF POSSESSIONS • Antiques and inherited items • Estate planning considerations 7. LUXURY IN RETIREMENT 🛥️ Examples: boats, high-end furniture 💰 Balancing wants and needs KEY TAKEAWAY: Thoughtful retirement spending plans are crucial for financial well-being and life satisfaction. Contact Us: 📞 859-233-0400 🌐 dupreefinancial.com The post Planning for Retirement Spending appeared first on Dupree Financial.

Show Notes: The Tom Dupree Show – Financial Hour Date: July 20, 2024 Host: Tom Dupree Guests: Mike Johnson, Chad Sturgill 1. Music – Discussion of The Who’s album “Who’s Next” (1971) – Importance of Keith Moon to The Who’s sound – Brief history of session musician Nicky Hopkins 2. Main Topics: a) Working Past Retirement Age: – Story of 95-year-old car salesman still working – Importance of enjoying work regardless of age b) Quality of Life in Retirement: – Harvard study on happiness: relationships matter more than financial success – Dupree Financial Group’s focus on overall life quality, not just finances c) Investment Strategies: – Focus on income-producing investments for retirees – Importance of dividends in portfolio construction – Discussion of mature businesses vs. growth companies – Analysis of current dividend yields across market sectors d) Dupree Financial Group’s Approach: – Use of publicly traded stocks and bonds – Emphasis on client fund security with large custodians – Balancing technology of large firms with accountability of small firms e) Market Analysis: – Potential growth in natural gas infrastructure due to increasing electricity demand 3. Investment Philosophy: – Process refined over time through experience – Openness to revisiting previously owned companies 4. Closing Remarks: – Recap of Dupree Financial Group’s 20+ years in business – Contact information: 859-233-0400 – Website: dupreefinancial.com The post Maximize Retirement Income: Dividend Strategies & Quality of Life | The Tom Dupree Show appeared first on Dupree Financial.

Is Vice Presidential nominee, Vance, too young for the job? After a near death experience, Trump will be under attack from spiritual warfare more than ever. Pray for our Country! The post Pray for Our Country appeared first on Dupree Financial.

The sacrifices that were made for our country by the men who fought for us. In light of where we are today, are we willing to make the same sacrifices for our country and our children to fight for what we believe in? The post The Sacrifices that Have Been Made appeared first on Dupree Financial.

SHOW NOTES — The Tom Dupree Show: Financial Hour Lower Interest Rates: What That Means for Investors *Episode Date: July 12, 2024* 🎙️ Host: Tom Dupree 👥 Guests: Chad Sturgill, Mike Johnson — ## 🔑 Key Topics 1. June inflation drop: Implications for the economy 2. Potential interest rate cuts: Fed’s next moves 3. Market rotation: Big tech to broader sectors 4. S&P 500 investment strategy: A critical look 5. Dividend stocks & bonds: Opportunities in a shifting market 6. Value investing: The importance of research and valuation 7. Bank portfolios: Impact of sustained lower rates — ## 💡 Key Insights – “The long term is not where we live… The long term is made up of a bunch of short terms.” – Recent market shift: Russell 2000 up 3% while Nasdaq down – a rare occurrence – Potential for rapid interest rate cuts if inflation trend continues – Risks of over-exposure to tech stocks in popular index funds — ## 💼 Investment Guidelines – Consider income-focused portfolios with dividend-paying stocks and bonds – Look beyond S&P 500 for diverse investment opportunities – Don’t wait for the “all clear” signal – consider staged market entry – Be prepared for potential interest rate cuts and their market impact — ## 🎯 Action Steps 1. Review your portfolio for over-exposure to tech stocks 2. Consider rebalancing towards dividend-paying investments 3. Stay informed about Fed decisions and inflation trends 4. Consult with a financial advisor like Dupree Financial Group for personalized strategies — ## 📞 Contact Dupree Financial Group for a complimentary portfolio review – Phone: 859-233-0400 – Website: dupreefinancial.com/book — *Disclaimer: This episode contains financial commentary and advice. Always consult with a qualified financial advisor before making investment decisions.* — The post Lower Interest Rates: What that Means to Investors appeared first on Dupree Financial.

What our brains know about stocks or don’t know. Overconfidence could be a handicap. Knowing more than we realize also could be a handicap. Greed and fear are other factors. Investing is so much more than numbers. What is the biggest emotion you have about your money? You need to get a feel for where you are invested and why and make sure it is appropriate for your stage of life. The post Learning from Experience appeared first on Dupree Financial.

Nvidia’s success is the biggest problem that the stock market has right now. It just controls too much of the market’s growth. You must be invested for the stage of life that you are in. Close to retirement, this kind of market could be scary if you are not positioned correctly. The post Plan for the Next Bear Market appeared first on Dupree Financial.

Growth comes from pain. No one chooses to go through pain. It is important to learn from the sacrifices and mistakes of others. The post Growth Comes from Pain appeared first on Dupree Financial.

After a site analysis done by the Kentucky Board of Education with three proposals all using the existing historic house on the property deemed in great condition, FCPS received a demolition permit to knock the house down. Where is are the historical people to protest? Where is the media coverage of this? It is another abuse of the taxpayers dollars. The post The Fayette County School Board is at it Again appeared first on Dupree Financial.

Why chasing the biggest stocks is a terrible idea. A good company does not necessarily mean it is a good investment. The post Chasing the Biggest Stocks appeared first on Dupree Financial.

After a trip to Normandy, Tom reflects on Patriotism. The post Travels with Tom appeared first on Dupree Financial.

The things you think are great often are not. Fear can cause bad decisions when investing but so can greed. There is no shortcut to managing money. It has to be a process. The post Fear and Greed appeared first on Dupree Financial.

Dividends can only be generated by a company that is doing something. The company produces a consistent dividend and the business is predictable with a strong balance sheet. Dividends paid by companies like this can produce income and maintain your purchasing power. The post Produce Income. Maintain Purchasing Power. appeared first on Dupree Financial.

Know what you own. Invest for the Long-term. If you are going for a high yield, make sure you know how it’s produced. The post Invest for the Long-term appeared first on Dupree Financial.

The House of David in the Bible and Saul’s pursuit of him. How is Biden like Saul? The post Biblical Illusions appeared first on Dupree Financial.

In retirement, you need cash flow. The income your money is producing for you becomes very important. At the same time, inflation is lowering the purchasing power of every dollar. How do you invest your hard earned money to keep up with inflation? The post Expenses Continue in Retirement appeared first on Dupree Financial.

Investing is a long-term war against all forces that could possibly destroy your portfolio including volatility but also including consumption, taxes, emotion, and inflation. It boils down to cash flow in and cash flow out. The post Volatility is a Measure of Movement appeared first on Dupree Financial.

Fayette County Superintendent Demetrus Liggins put out a press release saying a fight at Henry CLay High school was not a result of a fight at the school. Evidence has come out that there was indeed a fight. Now the Superintendent is having to retract his initial statement. Was this an attempt to spin and cover up what really happened?? The post Cause of Death of Henry Clay Student is Misrepresented appeared first on Dupree Financial.

Growth can be supplemented by income from dividends and the impact of those dividends compounding long term. The post Why Dividends Matter appeared first on Dupree Financial.

Amanda Ferguson has been on the Fayette County School Board for years. Currently there is a disconnect between the main office and the classroom. Ed Brown is heading a grass roots group to protest the recent property tax hikes in Fayette County (which fund the Fayette County schools.) There seems to be a disconnect there as well! The post Amanda Ferguson and Ed Brown Join Tom appeared first on Dupree Financial.

A Lexington City Council Woman is arrested for being disruptive and resisting arrest at an At&T store. this same councilwoman is on a task force overseeing police. What is wrong with this scenario? The post When Leaders aren’t Leading appeared first on Dupree Financial.

Covid pushed the velocity of money over the edge to catch up with inflation. Don’t try to be smarter than the stock market…especially in the short term! The post The Velocity of Money and The Sequence of Returns appeared first on Dupree Financial.

How do your retirement savings and your retirement plan line up with your vision for your retirement? The post Hour 2 4-27-24 Needs, Wants, Wishes. appeared first on Dupree Financial.

A scandal could be on the horizon for the University of Kentucky Swim Program. The issue of the athletic department starts at the top. The post HOUR1 4-27-24 Kentucky Athletic Department Needs a Change appeared first on Dupree Financial.

Earning a return for your money. Best principles. Fee based reasoning. The post Investing for Income appeared first on Dupree Financial.

Is Kentucky’s new basketball coach, Mark Pope, a good hire? The post The Ravenous Kentucky Fan Base appeared first on Dupree Financial.

When food is used as a tool to change the world versus to feed people through love…it turns political. The problems of marijuana and the challenges it has caused for states that have legalized it. The post The Power of Food appeared first on Dupree Financial.

If you entrust your retirement to Wall Street and its “sales process…you will probably get mediocre results in your portfolio (often times through an autopilot 401K plan.) These are the default results that many rely on for their retirement. This un-customized approach embodies complacency. There is a better way! The post Don’t Rely on Wall Street. appeared first on Dupree Financial.

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As your phase in life changes…you need some flexibility in your portfolio. That could include taking some gains from your portfolio and buying some income producing stocks. Tune in to hear our theory on this move. The post Take Some Gains…Convert to Income appeared first on Dupree Financial.

Why did Calipari get another year and another chance? What will it take for University of Kentucky officials to pull the plug on a coach whose system is not working and hasn’t for several years? That and more about Kentucky sports with Tom Dupree and Michael Bennett. The post Michael Bennett joins Tom for an Unfiltered Hour About Kentucky Sports appeared first on Dupree Financial.

What is Shame? It is investing thoughts, efforts, love into something or someone that/who let’s them down. Tom’s angle on the Kentucky Basketball loss. There seems to be a pattern. The post What is Shame? appeared first on Dupree Financial.

There is a high cost for helping adult children financially. You must take care of yourself first. In the second segment, Annuities are becoming more attractive due to higher interest rates and a volatile stock market. Why we don’t recommend or sell them. The post Stop Overspending on Adult Children appeared first on Dupree Financial.

From the Berkshire Hathaway shareholders meeting…from market concepts to things you can apply to your own household. And why In-Service rollovers make sense. The post The New Retirement Dream appeared first on Dupree Financial.

Biden’s vision for America as in the State of the Union address. Is he attempting to re write history? It seems that Americans would rather have security more than freedom. The post Biden’s America appeared first on Dupree Financial.

Can you trust how your 401k is invested? How is an IRA Rollover different? When it is an IRA Rollover , it becomes your money instead of the money of the plan. The 401k plan is not designed for you personally…money invested for where you are in your life. When buying stock, you are buying part of a business. Buy stock in great businesses at a fair price. The post Can You Trust Your 401K? appeared first on Dupree Financial.

With the national debt soaring, there is going to have to be a massive haircut in spending. How does this affect your investments? If you leave your money in money, you will have less money. The post The National Debt is a Runaway Train appeared first on Dupree Financial.

Riley Gaines is Pro-God, Family, and America. After a dead heat loss to a Transgender male in the NCAA Swimming Finals for the sake of a photo op… Riley could not sit back quietly. She is currently on her “Speak Louder Campus Tour” sponsored by the Leadership Institute. Riley is also the director of The Riley Gaines Center at The Leadership Institute. www.rileygainescenter.org The post Riley Gaines joins Tom appeared first on Dupree Financial.

We have to be mindful of how we conduct ourselves more than ever. Jerome Powell rigs the alarm on debt. Where has he been? Was all of the ‘Free” money a quest for votes? What do you put your trust in? Ethics, Philosophy…Theology…Politics? Where do you find value for yourself and your family? The post What Do You Put Your Trust In? appeared first on Dupree Financial.

If you don’t understand what you own in your portfolio…you are more likely to react emotionally and sell at possibly the wrong time. Financial confidence has the potential for greater investment returns. It gets down to financial literacy and what it means! The post Are You Confident in Your Financial Skills? appeared first on Dupree Financial.

More Americans are turning 65 than ever before. Age 65 now comes with possibilities of a new chapter not just winding down. This makes earning dividends even more important. The post Age 65 Is Redefining a Milestone appeared first on Dupree Financial.

There are people who have inherited way more money than they are used to managing. Often for wealth to be a blessing, one must be unattached to the money and use it for good. If you don’t have a vision of what will be done with the wealth … wealth will figure out what it will do to you! The post Weath is a Funny Thing appeared first on Dupree Financial.

Are you better off as part of a body of believers or chartering your own spiritual course? What do you put your faith in? The post Spirituality vs Religion appeared first on Dupree Financial.

The U.S. has a 6 trillion dollar problem over the next six months. There are way too many government programs spending way too much money and no politicians willing to take on the problem. In the second segment, how you can make simple adjustments to your retirement plan to protect your heirs and convey the value of money. The post The Great Wealth Transfer appeared first on Dupree Financial.

What makes Lexington such a hard place for people in their 20’s to buy a home? The State of the City address given by Lexington’s Mayor this week sheds a lot of light on the issue. The post The State of the City Address appeared first on Dupree Financial.

We talk about Dollar Cost Averaging and how dividends help mitigate liquidating stock shares at an inappropriate time for withdrawals. Your investment approach must match where you are in life. That is why it is so important to have an actively managed investment account. The post The Futility of Trying to Time the Stock Market appeared first on Dupree Financial.

MLK Day is no longer about the dream…but has risen to “we still have much to do.” Job creation from this DEI dream continues to get funded and staffed.MLK didn’t want special treatment…just opportunity. It has become a basis for reverse discrimination. Engineered Diversity will never get superior results. The post Corrupting Words appeared first on Dupree Financial.

Businesses are the ones that have saved the United States from inflation, recession, and lost jobs. Free markets and companies have brought down inflation, not government policies as you could be led to believe. It results from good companies providing a good product and using good technology. The post The Businesses that Saved the United States appeared first on Dupree Financial.

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