Shows
Best Advice Podcast GuysHow Time Makes You Rich: The Simple Math Behind a $3M RetirementRob Lovaglio and Mitchell Allen break down the simple math of compounding and show how time—not luck—is the biggest factor in hitting a $3 million retirement target at age 65. Using an 8% long-term return, they give concrete examples of the one-time amounts needed at different ages (e.g., ~$20,000 at birth, ~$44,000 at 10, ~$94,000 at 20, ~$203,000 at 30, ~$438,000 at 40, ~$946,000 at 50, and ~$2.07M at 60) to reach $3M.
The episode emphasizes starting early, staying invested through market ups and downs, saving consistently in the right accounts, and using disciplined, boring actions to build lasting wealth.
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2026-01-2110 minBest Advice Podcast GuysDon't Let 'Do Nothing' Cost You: How Inflation Silently Erodes WealthRob LoVgllio and Dan LaForest explore how sitting on cash or rolling CDs without a plan can quietly destroy purchasing power through inflation. They break down opportunity risk, CD ladders, treasuries, and the trade-offs between safety and growth.
The hosts stress defining objectives, staying flexible as rates change, and working with experienced advisors to make informed decisions that preserve and grow wealth.
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2026-01-1415 minBest Advice Podcast GuysAutomate Your Budget: Pay Yourself First, Not LaterBudgeting often fails because it relies on willpower and constant tracking—life gets busy and discipline wears out. In this episode Rob Lovaglio and Trevor Bell explore why traditional budgets crumble and why it’s often a system problem, not a personal failing.
The solution they recommend is automation: treat savings and investments like monthly bills by "paying yourself first," use automated transfers and dollar-cost averaging, and keep realistic fun money so your budget is sustainable.
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2026-01-0710 minBest Advice Podcast GuysWhen the Market's Up, Risk Hides: Is Your Portfolio Too Aggressive?This episode explains why risk tolerance often reveals itself only when markets fall, not when they soar. Hosts Rob Cavaglio and Trevor Bell discuss how emotional bias and hot sectors like tech and AI can make portfolios riskier than investors realize, and why a proper risk-tolerance questionnaire (scored 1–99) matters.
Using a real example, they show how a misaligned portfolio can turn a moderate loss into a catastrophic one, and offer practical steps: take a comprehensive risk assessment, realign allocations (stocks vs. bonds), diversify, and work with a financial planner to manage both investments and emotions.
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2025-12-3111 minBest Advice Podcast GuysYou're Investing — But Still Behind: The Missing Steps Most Advisors SkipRob and Trevor answer Stacey’s question by walking through a CFP-style framework: start with an honest budget, build an emergency fund (3–6 months of expenses), then invest according to specific goals and time horizons.
They explain bucketed strategies for retirement, down payments and short-term goals, the value of liquid taxable accounts versus locked retirement accounts, and why purpose-driven planning and a specialist team matter more than simply “investing first.”
🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consultation with our award-winning team 👉 https://go.oncehub.com/SecurityFinanc... 🔔 Subscribe for More Expert Insight...
2025-12-3113 minBest Advice Podcast GuysHow College Athletes Are Really Managing NIL Money (Joshua Raymond, FSU Football)How College Athletes Are Really Managing NIL Money (Real Talk from Joshua Raymond, FSU Football) @teamcounsel In this episode of the Ba Podcast Guys, we dive into the real conversation around NIL money and how college athletes are actually managing it behind the scenes. With NIL deals becoming a major part of college sports, many young athletes are earning serious income for the first time in their lives, often without clear guidance on taxes, budgeting, or long-term planning. Our guest, Joshua Raymond of FSU Football, shares candid insights on receiving NIL payments, resisting reckless spending, and building a sound fina...
2025-12-2922 minBest Advice Podcast GuysTarget-Date vs Self-Managed Explained: Your 401(k)In this episode Rob and certified financial planner Trevor Bell walk through how 401(k) allocations work, comparing target-date retirement funds with self-allocated options and explaining the pros and cons of each.
They cover basics like fund lineups, risk and time horizon, expense ratios, rebalancing responsibilities, and when to consider rolling a 401(k) into an IRA or a professionally managed account.
🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consultation with our award-winning team 👉 https://go.oncehub.com/SecurityFinanc... 🔔 Subscribe for More Expert Insights: / @bapodrob
2025-12-1710 minBest Advice Podcast GuysHow Sequence of Return Risk Can Ruin Retirement — And How to Stop ItSequence of Return Risk: The Hidden Retirement Danger No One Talks About explores one of the most overlooked threats to your financial future. In this episode, the BA podcast guys break down how the timing of market returns can impact your retirement income, even if your overall investment returns look strong on paper. You’ll learn what sequence of return risk really means, why it matters most in the early years of retirement, and how smart strategies like bucketed investing and dynamic withdrawal planning can help protect your savings. Whether you’re approaching retirement or just starting to invest, this...
2025-12-1011 minBest Advice Podcast GuysYear-End Money Moves: Tax Loss Harvesting, RMDs & IRA TipsHosts Rob Lovaglio and Trevor "Truck" Bell walk through a concise year-end financial checklist for closing out 2025. They explain tax loss harvesting to offset gains, the importance of maxing out qualified accounts (IRAs/Roth IRAs) before deadlines, required minimum distributions for those 73 and older, and running a portfolio stress test to reassess risk and allocations.
Listeners will learn practical actions to reduce taxes, avoid penalties, and ensure their portfolio allocation and contributions are in order before the new year.
🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consulta...
2025-12-0309 minBest Advice Podcast Guys2026 ACA Shock: 18% Rate Hikes and the Subsidy Cliff RevealedEpisode explains major Affordable Care Act changes for 2026: significant premium increases (around 18%), the end of excess subsidies for those above 400% of the federal poverty level, and Aetna leaving the marketplace.
Good news: bronze and catastrophic plans will be deemed HSA-compatible starting 2026, allowing pre-tax contributions and investment growth; HSA limits and catch-up rules are discussed. Bad news: higher premiums and a subsidy cliff that can leave many without financial help.
Takeaway: review doctors and prescriptions when choosing plans, consult a tax or financial advisor about HSA strategies, and contact your insurance agent to compare options before...
2025-11-2611 minBest Advice Podcast GuysWhen Gains Mask Risk: Do You Really Know Your Risk Tolerance?In this episode Rob and Trevor discuss how market gains can make investors overestimate their risk tolerance and the importance of a proper risk analysis.
They explain how a risk questionnaire and financial planning help align your portfolio with your psychological comfort, using an example showing large differences in potential losses when risk is mismatched.
Listeners are encouraged to review their risk score with an advisor and regularly reassess as life and markets change.
🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consultation with our award...
2025-11-1911 minBest Advice Podcast GuysTax Alpha: Harvesting Losses with Direct IndexingRob Lovaglio and the founders of Security Financial Management explain direct indexing and how it can create tax savings by harvesting capital losses while closely tracking an index like the S&P 500.
The founders of SFM walk through a real example, describe intraday loss-harvesting and loss carryforwards, and explain when this strategy can be useful for reducing future tax on big gains.
2025-11-1213 minBest Advice Podcast GuysAI’s Market Moment: Hype, Risk, and Reality (feat. Kara Murphy, CIO of Kestra Financial)This episode explores how artificial intelligence is rapidly spreading into everyday life and the markets, from widespread ChatGPT adoption to massive corporate spending on AI infrastructure.
Guests discuss the investment implications—why buying the latest AI winners can be risky, the slow adoption curve that mirrors past tech revolutions, and the cybersecurity and fraud risks that demand new protections.
The conversation also emphasizes the human side: responsible use, maintaining relationships and balance, and the long path from early experimentation to meaningful productivity gains.
2025-11-0520 minBest Advice Podcast GuysYour 401(k)? Here's How It Really WorksRob Lovaglio and Steven Young break down the essentials of employer 401(k) plans — how to enroll, contribution recommendations, employer matches, investment choices (including target-date funds), tax differences between traditional and Roth contributions, and withdrawal rules. They explain vesting, contribution limits for 2025, and why a 401(k) should be treated as long-term retirement savings rather than an emergency fund.
Whether you’re new to workplace retirement plans or want a refresher, this episode makes the 401(k) simple and actionable so you can start making smarter retirement decisions.
2025-10-2909 minBest Advice Podcast GuysSmall Business Owners: Retirement Options for Employees — SEP vs SIMPLE vs 401(k)Business owners: if you don’t offer retirement benefits, you risk losing top hires to larger companies. This episode explains the three common small-business options—SEP IRA, SIMPLE IRA and 401(k)—and why a 401(k) with an employer match often provides the best balance of recruitment value, flexibility and tax benefits.
Hosts walk through a real example where a safe-harbor 401(k) with a 4% match helped a boutique firm grow from seven to ten employees while allowing the owner to save significantly for retirement. Step one: sit down with an advisor to pick the plan that fits your busine...
2025-10-2210 minBest Advice Podcast GuysSole Proprietor? Unlock Hundreds of Thousands in Retirement Without Raising Your SalaryIndependent business owners walk through practical retirement options for sole proprietors, including Traditional/Roth IRAs, SEP IRAs, SIMPLE IRAs, and Solo 401(k)s, with clear differences in simplicity, flexibility, and contribution limits.
The hosts explain how choosing a Solo 401(k) over a SEP IRA can dramatically increase yearly contributions without changing salary, using a real-client example to show the long-term impact.
2025-10-1513 minBest Advice Podcast GuysAfter the 401(k): The Real Playbook for Your Next DollarsMost people think that once you max out your 401(k), the game is over — but that's where the game begins. This episode lays out the exact playbook for what to do next so your money can grow tax-free, beat inflation, and build multigenerational wealth.
We cover high-impact moves like the backdoor Roth IRA, mega backdoor Roth, the triple-tax-advantaged HSA, taxable brokerage strategies, real estate and private equity alternatives, and insurance-based options — explaining when and why each one makes sense.
Simple, practical sequence and considerations are provided so you can prioritize the right buckets for your goal...
2025-10-0812 minBest Advice Podcast GuysTurn Summer Cash into $1.3M: Roth IRA Strategy for KidsDiscover how a teen’s summer earnings can grow into a seven-figure retirement by using a custodial Roth IRA. The episode explains the math behind compound interest (example: $2,300/year from age 15 at an 8% return grows to about $1.3M), contrasts starting early versus starting at 30, and shows how much more you’d need later to catch up.
It also reviews alternative savings options—529 plans, UGMA/UTMA custodial accounts, and high-yield savings—and outlines the Roth IRA basics, requirements (earned income and a custodian), and the tax benefits of tax-free growth and withdrawals.
2025-10-0110 minBest Advice Podcast GuysMega Backdoor Roth: Turn $7K into $70K Tax-FreeThis episode breaks down the Mega Backdoor Roth strategy: how self-employed individuals can use a Solo 401(k) to push far beyond standard Roth contribution limits by combining employee and employer contributions and performing in-plan Roth rollovers.
Hosts explain contribution limits, step-by-step mechanics, a real example, and why this approach can create significantly larger tax-free retirement savings over time.
🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consultation with our award-winning team 👉 https://go.oncehub.com/SecurityFinanc...
2025-09-2409 minBest Advice Podcast GuysBackdoor Roth IRA: How High Earners Get Tax-Free RetirementThis episode explains the backdoor Roth IRA—how high earners who exceed Roth contribution limits can use a traditional IRA contribution followed by a conversion to secure tax-free growth and withdrawals.
Hosts cover contribution limits, the conversion process, a real client example, and practical tips for doing the strategy safely with a financial planner.
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2025-09-1705 minBest Advice Podcast GuysHow the 'Step-Up' Saves Heirs Hundreds of ThousandsIn this episode we explain the step-up in basis: when you inherit assets, heirs receive them at current market value instead of the original purchase price, often wiping out decades of taxable gains. Using a real case where land bought for $40,000 in the 1970s was worth $1.8M at death, the step-up reduced a potential $362,000 tax bill to roughly $10,000.
We cover how the rule applies to real estate and stocks, why account type matters, and why you should consult a Certified Financial Planner to apply the strategy correctly.
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2025-09-1007 minBest Advice Podcast GuysFiduciary vs. Rep: Who’s Really Looking Out for Your Money?This episode explains the key difference between a fiduciary financial advisor (IAR/RIA) and a financial representative (registered rep), the legal standards they follow, and how those differences can affect your wallet and long-term plan.
It also covers practical steps to tell who you’re working with — registrations, standards of care, compensation models, and disclosures — and when a fee-only fiduciary or a commission-based rep might be the right fit.
2025-09-0308 minBest Advice Podcast GuysStocks vs. Houses: The Real Long-Term WinnerThis episode compares buying the average U.S. home in 1995 versus investing the same $153,500 in the S&P 500 through 2024, showing the house growing to about $557,000 while the S&P investment reached $1.43 million (about $2.68M with dividends reinvested).
The hosts break down pros and cons: stocks offer diversification, liquidity, and higher long-term growth but come with volatility; real estate provides leverage, income potential, and tangibility but has upfront costs, ongoing expenses, and less liquidity. REITs are presented as a hybrid option offering real estate exposure with stock-like liquidity.
Bottom line: there’s no one-size-fits-all answer—choice depe...
2025-08-2707 minBest Advice Podcast GuysInherited an IRA? Beware the SECURE Act’s 10-Year Tax BombThis episode explains the SECURE Act's hidden 10-year rule for inherited IRAs and why waiting to withdraw everything at once can trigger a massive tax bill.
Using a real example—an inherited $1 million IRA—the hosts show how spreading withdrawals (~$100,000/year) can keep you in lower tax brackets and saved one listener over $90,000 in taxes compared with a single lump-sum withdrawal in year 10.
They also cover exceptions where waiting makes sense (low future income, charitable plans, Roth conversions) and emphasize creating a tailored withdrawal strategy with an advisor to minimize taxes.
2025-08-2005 minBest Advice Podcast GuysLittle Bites of the Big BillWelcome to the Best Advice Podcast, where hosts Rob Lovaglio, Dave Allen, and Frank Lovaglio break down complex financial topics into digestible bites. In this episode, they dive into the recent changes in state and local taxes, as well as updates on estate taxes. Discover how these changes might affect you and learn strategies to navigate them effectively. Get insights on making your life insurance policies non-taxable and explore planning strategies for your estate. Join the discussion from Frank's renovated living room for an engaging and informative conversation.
2025-08-1310 minBest Advice Podcast GuysHidden Tax Secrets: How NUA Can Save You ThousandsIf you've invested company stock in your 401k, you need to hear about Net Unrealized Appreciation (NUA). In this episode of the Best Advice Podcast, host Rob Lovaglio and Senior Advisor Daniel Courson unveil the tax-saving power of NUA. Learn how this strategy allows you to transfer company stock from your 401k to a brokerage account, minimizing taxes by paying ordinary income tax on the original investment and capital gains tax on the profits.
Join us as we break down a real-life example that saved a client over $76,500 in taxes. We'll guide you through the steps involved...
2025-08-0604 minBest Advice Podcast Guys"Maximize Your Giving: The Donor Advised Fund Advantage"Join Best of Bucks Podcast host Rob Lovaglio and Senior Advisor Daniel Corson as they dive into strategic charitable giving using Donor Advised Funds (DAFs). Discover how you can maximize tax benefits, avoid the year-end rush, and maintain the flexibility to support your chosen charities over time. Whether you’re donating appreciated stock, cash, or cryptocurrency, learn how to make your wealth work for good while keeping control of your contributions. Perfect for those wanting to give back generously and smartly, all on their schedule.
2025-07-3005 minBest Advice Podcast Guys"Navigating Market Downturns: How the Wealthy Secure Their Retirement Income"In this episode of the Best Advice Podcast, host Rob Lovaglio and managing partner Michael Allen explore how to protect retirement income during market crashes by using strategies employed by the wealthy. They discuss the bucket strategy, a method that nearly 90% of retirees use for a stress-free approach to market downturns.
Michael shares his weekend adventure on a Missouri farm, where he helped manage cattle with his brother-in-law, Wayne, and a minimalist farmer named Steve. This experience highlights the importance of guiding financial decisions just as one guides cattle, using a solid plan and professional advice.
2025-07-2312 minBest Advice Podcast GuysUnlocking the Trump Savings Account: A New Era for Children's FinancesIn this episode of the Best Advice Podcast, hosts Rob Lovaglio and Sylvia Lenaris-Williams delve into the newly announced Trump savings account, a groundbreaking initiative providing every child born in the U.S. with a $1,000 government-funded investment. Discover how this plan, combined with family contributions and compound interest, has the potential to impact your child's financial future significantly.
The episode provides a detailed comparison between the Trump savings account and traditional 529 plans, examining their tax treatment, flexibility, and benefits. With insights on new tax credits and incentives, listeners will learn how to leverage these opportunities to maximize...
2025-07-1605 minBest Advice Podcast GuysHow to Protect Your 4% Withdrawal Plan to Last a LifetimeIn this episode of the Best Advice Podcast, host Rob Lovaglio and Senior Advisor Steven Young explore the complexities of retirement planning.
They discuss the potential pitfalls of relying on the traditional 4% withdrawal rule when not working with a professional team, as well as the impact of market downturns.
With a focus on healthcare inflation and sequence of returns risk, the episode offers insight into strategically navigating financial challenges in retirement. Tune in to learn how to safeguard your retirement funds and understand the meticulous approach needed for a secure financial future.
2025-07-0904 minBest Advice Podcast GuysNavigating Required Minimum Distributions: Essential Tips for RetireesWelcome to the latest episode of Best Advice Podcast, brought to you by Security Financial Management. Hosted by Rob Lovaglio and featuring insights from Mitchell Walk.
This episode dives into the intricacies of Required Minimum Distributions (RMDs) and how they impact retirees. At age 73, retirees need to start withdrawing from their tax-deferred IRAs, but what if you don't need the money yet?
Explore strategic options, such as charitable donations, to manage these mandatory withdrawals effectively. Tune in for expert advice to navigate your retirement funds wisely and avoid potential tax penalties.
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2025-07-0309 minBest Advice Podcast GuysDr. Pat McGreevy's Mission: Children with Severe DisabilitiesIn this episode of the Best Advice Podcast, host Rob Lovaglio welcomes Dr. Pat McGreevy, a pioneering figure in applied behavior analysis and special education. Dr. Pat shares his inspirational journey from being a public school teacher for children with severe disabilities in the 1960s to creating a revolutionary curriculum, Essential for Living. Starting as a teacher determined to find better educational methods for children with the most severe disabilities, Dr. Pat's lifelong dedication led to significant advancements in teaching skills that truly impact the lives of those with disabilities.
Through his personal and professional narratives, Dr...
2025-06-2524 minBest Advice Podcast GuysStrategies for Highly Appreciated Stocks: Safeguarding Your InvestmentsIn this eye-opening episode of Best Advice Podcast, hosts Rob Lovaglio, Dave Allen, and Mitch Allen, from Security Financial Management, dive deep into advanced strategies for managing highly appreciated stocks. Learn how to safeguard your stock positions with options like collars, enhance your income through covered calls, and explore the benefits of direct indexing. Tune in to gain insights that could protect your investments and optimize returns, while underscoring the importance of having skilled professionals at your side for these sophisticated strategies.
Listener question from Casey in Lake Nona sparks an engaging discussion on effective ways to...
2025-06-1811 minBest Advice Podcast GuysHow to Build a Resilient PortfolioIn this episode of the Best Advice Podcast, join host Rob Lovaglio and the founders of Security Financial Management, Frank Lovaglio and Dave Allen, as they discuss how to stay calm and make informed financial decisions during volatile market periods. They share insights on setting up a portfolio that aligns with your personality and risk tolerance, the importance of staying invested, and why avoiding emotional moves in the market is crucial for financial success. Tune in to learn how to navigate market ups and downs with confidence.
2025-06-1114 minBest Advice Podcast GuysWealth & Retirement: Opportunity RiskJoin host Rob Lovaglio and special guest Dan LaForest from Security Financial Management as they unravel the secret to accumulating significant wealth before hitting retirement age. In this episode, they explore the concept of 'opportunity risk' and emphasize the importance of starting early in the investment journey. Discover how one strategic financial decision can transform your financial future, especially for young people facing today's dynamic markets.
With insights into Roth IRA investments, the FAFSA's new Secure Act 2.0, and guidance for college athletes and young professionals, this episode shines a light on making informed and simple financial choices...
2025-06-0411 minBest Advice Podcast GuysHow Much Do You Really Need to Retire Comfortably?In this enlightening episode of the Best Advice Podcast, host Rob Lovaglio unravels the elusive answer to a question many of us ponder: How much money is enough to retire? With a focus on the 4% rule, Rob delves into the strategies behind sustainable retirement withdrawals, exploring how investments, social security, and part-time jobs can impact your financial future. Learn the importance of withdrawal rates, inflation adjustments, and the historical context of market returns as Rob offers insights into crafting a retirement plan that can last a lifetime. Tune in to discover how you can make your savings work for...
2025-05-2807 minBest Advice Podcast GuysMastering Debt: Snowball vs. Avalanche StrategiesIn this episode, Host Robert Lovaglio and Dan LaForest delve into two popular debt elimination strategies: the Debt Snowball and the Debt Avalanche. Both methods aim to help you get out of debt, but they cater to different mindsets and financial goals. The Debt Snowball strategy focuses on paying off debts from the smallest to the largest balance, offering psychological wins along the way. On the other hand, the Debt Avalanche strategy targets debts from the highest to lowest interest rate, saving you money in the long run. Our experts discuss the pros and cons of each method to assist...
2025-05-2111 minBest Advice Podcast GuysSurprising Ways to Gift College FundingIn this episode of the Best Advice Podcast, hosts Rob and Frank Lovaglio share heartfelt Mother's Day memories while diving into innovative strategies for funding a college education. Discover the benefits of 529 plans, including the lesser-known five times gifting rule, and learn about making direct tuition payments to schools without gift tax limits. Explore the potential for unlimited gifts towards medical expenses, all under the current IRS regulations. Whether you're a parent, grandparent, or just curious about financial planning, get insights on maximizing your giving potential while honoring the hardworking mothers in our lives. Don't miss out on this...
2025-05-1411 minBest Advice Podcast GuysUnveiling Warren Buffett's Timeless Investment WisdomIn this episode of the Best Advice Podcast, hosts Rob Lovaglio and Austin Fatz-Jacks return from the Bahamas and dive into a discussion sparked by a question from Clark in Atlanta. The focus is on Warren Buffett and his enduring impact on the investment world. With news of Buffett's upcoming retirement after a legendary career at Berkshire Hathaway, the hosts share insights into his investment philosophy, highlighting how the company outperformed the S&P 500 over the decades. They explore Buffett's emphasis on buying quality companies at good prices and maintaining a strategic, long-term outlook. Tune in to discover timeless...
2025-05-0705 minBest Advice Podcast GuysFrank St. John: Leading Innovation as Lockheed Martin COOIn this enlightening episode of the Best Advice Podcast, hosts Rob Lovaglio and Michael Allen welcome Frank St. John, Chief Operating Officer of Lockheed Martin, to share his inspiring journey from a humble intern to a top executive at one of the world's leading aerospace and defense companies.
Frank delves into Lockheed Martin's commitment to innovation, exploring how the company integrates big data, cloud computing, and artificial intelligence for the benefit of its clients with demanding missions. He also highlights the importance of mentorship, teamwork, and maintaining a customer-centric focus.
Furthermore, Frank shares personal anecdotes...
2025-04-3012 minBest Advice Podcast GuysInvesting in Turbulent MarketsIn this episode, our hosts delve into the complexities of investing in a volatile market, offering valuable insights for managing risk and building a resilient investment portfolio. With rising tariffs and global uncertainties shaking investor confidence, the discussion focuses on understanding risk tolerance, the significance of sector rotation, and the importance of building a strong investment strategy before market storms hit. Drawing on expert advice, they emphasize the need for diversification and the role of a trusted financial advisor in tailoring investment plans to individual risk appetites. Whether you're a seasoned investor or just starting out, this episode provides...
2025-04-2311 minBest Advice Podcast GuysRelationship of Market Volatility & TariffsJoin host Rob Lovaglio and his co-hosts Mitchell Walk and Dan LaForest on this episode of the Best Advice Podcast as they delve into the chaotic world of market investing amid uncertainty fueled by global tariffs. The trio discusses the challenges investors face in navigating short-term and long-term investment strategies as markets swing wildly in response to international trade tensions.
Throughout the episode, they explore how rumors and misinformation can dramatically impact market behavior, causing trepidation among investors. The hosts emphasize the importance of maintaining a solid financial plan in collaboration with a trusted advisor, urging listeners...
2025-04-1619 minBest Advice Podcast GuysNavigating Divorce After 50: Financial Insights and StrategiesIn this episode, Rob introduces a spin-off of the Best Advice Podcast with a sneak peek of Suzanne's Lifestyle Series. We delve into the unique challenges and considerations of going through a divorce at 50 and above. With increasing separation rates among older couples, understanding the financial implications is crucial. Suzanne discusses key strategies to manage your assets and liabilities effectively, ensuring financial stability post-divorce.
We explore the emotional impact of selling the family home and splitting assets accumulated over decades, alongside practical budgeting and financial planning advice. Discover why every dollar counts in "grey divorce" and how...
2025-04-0907 minBest Advice Podcast GuysUnderstanding DRIPs: Maximize Your InvestmentsIn this episode of the Best Advice Podcast, host Rob Lovaglio and certified financial planners Austin Fatz-Jacks and Mitchell Allen delve into the Dividend Reinvestment Plans (DRIPs) concept. Responding to a listener's question, they explore how DRIPs work, highlighting their potential as a robust strategy for wealth accumulation during your pre-retirement phase.
The discussion offers insights on leveraging dividends to reinvest in stocks or mutual funds, facilitating a compounding growth effect. As you approach retirement, it also touches on the strategic shift from reinvestment to drawing cash flow from your dividends.
Sponsored by Security Financial...
2025-04-0203 minBest Advice Podcast GuysBuying the Dip: Mastering Market VolatilityIn this episode of the Best Advice Podcast, hosts Rob Lovaglio and Dan LaForest explore the complexities of financial planning amid market volatility. They discuss 'buying the dip,' a strategy for purchasing stocks when prices are low, and how it can benefit both pre-retirement and post-retirement portfolios. They also discuss the importance of strategic planning in navigating unpredictable markets and ensuring a stable future.
Rob and Dan emphasize the role of sacrifice in achieving financial success and stress the significance of understanding your risk tolerance. Drawing parallels to everyday situations, they highlight the necessity of planning f...
2025-03-2612 minBest Advice Podcast GuysUnlocking the Secrets of Roth vs Traditional IRAsWelcome to the Best Advice Podcast, where hosts Rob Lovaglio, Austin Fats, Jax, Frank Lovaglio, and Dave Allen dive into the nuances of financial management and living life to the fullest. This episode kicks off with a thought-provoking discussion about making the most of our limited time on Earth, highlighting how often people chase financial goals only to miss out on what truly matters.
The team explores the wisdom of work-life balance, urging listeners not to wait until it's too late to enjoy life. They also dissect a listener's question about the differences between Roth and traditional...
2025-03-1911 minBest Advice Podcast GuysWeathering Market Storms: Timeless Investment StrategiesIn this episode of the Best Advice Podcast, hosts Rob Lovaglio, Austin Fats Jacks, and Mitchell Walk dive into the complexities of navigating volatile markets as an average day investor. With insights from historical market swings and expert advice, they discuss strategies for maintaining composure and making informed decisions during uncertain times. Learn about the importance of staying the course, potential tax implications of hasty moves, and the necessity of personalized investment plans. Discover how missing just a few key trading days can drastically impact long-term returns and why patience is pivotal in preserving and growing your wealth.
2025-03-1212 minBest Advice Podcast GuysGuarding Your Finances: Essential Cybersecurity Practices for 2025In this episode of the Best Advice Podcast, host Rob Lovaglio discusses the importance of cybersecurity with Frank Lovaglio and Dave Allen from Security Financial Management. As financial threats continue to grow with the rapid expansion of AI, the team underscores the necessity of protecting personal data from cybercriminals.
The discussion includes strategies for safeguarding financial information, recognizing phishing scams, and maintaining vigilance online. The episode also highlights the significance of preventing identity theft by locking credit when not in use and being cautious about oversharing social media. Listen for valuable tips on securing your digital footprint...
2025-03-0519 minBest Advice Podcast Guys56 Emmys! The Ross Greenberg JourneyIn this captivating episode, join hosts Rob Lovaglio and Mitchell Walk as they sit down with Ross Greenberg, the legendary former HBO Sports President, to uncover his illustrious career. Renowned for producing iconic sports documentaries, Greenberg shares his remarkable journey, from his beginnings at HBO in 1978 to amassing 56 Emmy Awards. Dive into fascinating stories behind groundbreaking documentaries such as 'Miracle,' 'Hard Knocks,' and 'Dare to Dream,' and discover how Greenberg revolutionized sports storytelling.
This episode also explores Greenberg's experiences working with major networks, his transition to freelance production, and the changing landscape of sports...
2025-02-2630 minBest Advice Podcast GuysUnlocking the Secrets of Infinite BankingWelcome to the Best Advice Podcast! In this episode, hosts Rob Lovaglio and Mitchell Walk from Security Financial Management dive into the intriguing concept of using life insurance as a personal bank—a strategy known as infinite banking. Discover how you can borrow against your life insurance policy's cash value while generating compound interest, effectively growing your wealth even as you borrow. Whether for a home, college expenses, or an emergency, this method provides a unique avenue for financial planning. Tune in to explore how you can leverage your policy to diversify your financial portfolio and make informed decisions wi...
2025-02-1908 minBest Advice Podcast GuysRising Phenomenon, GRAY DIVORCE: 3 Devastating Mistakes You Must Dodge!In this episode of the Best Device Podcast, hosted by Rob Lovaglio and featuring financial expert Suzanne M. Breitwieser-Stopa, RFC®. Delve into the growing phenomenon of gray divorce—where couples over 50 decide to part ways. With divorce rates doubling since the 1990s for women over 50 and tripling for those over 65, this discussion comes at a crucial time.
Suzanne offers invaluable advice on financial planning for those experiencing gray divorce, focusing on the importance of understanding divorce agreements, updating financial accounts, and securing a stable future. Listeners will learn about common pitfalls to avoid and how to plan eff...
2025-02-1216 minBest Advice Podcast GuysNavigating Tariff Turbulence: Impact on Global MarketsIn this episode of the Best Advice Podcast, hosts Rob Lovaglio and Mitchell Walk from Security Financial Management unravel the complexities of international tariffs and their impact on the global economy. Discover insights on how tariffs affect major retailers like Walmart and Target, and the potential ripple effects across various markets.
Learn about the latest tariff announcements targeting China, Mexico, and Canada, and their impact on stock markets worldwide. As breaking news unfolds, we discuss the importance of remaining calm and not making knee-jerk reactions in response to market fluctuations.
Explore how tariffs act as...
2025-02-0515 minBest Advice Podcast Guys"Track These 3 Key Numbers for Financial Freedom in 2025"In today's episode of the Best Advice Podcast, Rob Lovaglio, Dave Allen, and Mitchell Wall share expert insights on personal finance, focusing on three essential numbers to track in 2025: expenses, savings rate, and net worth. They delve into the significance of managing fixed and discretionary expenses, maintaining healthy saving habits, and understanding net worth as a measure for retiring comfortably.
The hosts discuss common budgeting pitfalls people encounter, the importance of living within or even below one's means, and how simple changes can significantly impact financial freedom. They emphasize the crucial role of saving a percentage of...
2025-01-2915 minBest Advice Podcast GuysNavigating Tax Changes in 2025! Prepare Your Budget for the Expiry of the Tax Cuts and Jobs Act!In today’s episode of the Best Advice Podcast, hosts Rob Lovaglio and his dad, Frank Lovaglio, dive into meaningful discussions inspired by Martin Luther King Jr. Day. Reflecting on the power of surrounding yourself with supportive individuals who genuinely care, they share personal anecdotes and memorable quotes that underscore the value of true friendships.
The hosts pivot to the riveting world of sports, showcasing inspiring stories of athletes like Josh Allen and Michael Jordan, whose journeys are testaments to perseverance and self-belief.
In their financial advice segment, they address listener Bill's concerns about the lo...
2025-01-2215 minBest Advice Podcast GuysThe Bitcoin Buzz: Balancing Risk and RewardIn this exciting episode of the Best Advice Podcast, your host, Rob Lovaglio, is joined by Austin Fatz Jacks and Mitchell Allen to dive into the vibrant intersection of sports and finance. Kicking things off, the team discusses the spirit-lifting victory of the Los Angeles Rams after their game was relocated due to wildfires, bringing hope to the city.
The podcast then shifts gears as a listener question from Beth in St. Augustine sparks an insightful discussion on the rise of Bitcoin. Our hosts explore how cryptocurrency, particularly Bitcoin, can be integrated into a diversified investment portfolio...
2025-01-1507 minBest Advice Podcast Guys"Unlocking Financial Success in 2025: Expert Advice from Best Advice Podcast"Join Rob Lovaglio and financial experts Frank Lovaglio and Dave Allen on the latest episode of the Best Advice Podcast, where they discuss strategies for starting the new year off right. Whether you're looking at rebalancing your portfolio or exploring fresh investment ideas, this episode is packed with insights to help you plan for 2025 with confidence.
The episode kicks off with a light-hearted discussion about sports, leading into a unique anxiety-reducing technique known as the Vision Quest Method. Rob, Frank, and Dave engage their audience with this intriguing practice, aimed at enhancing your mental calmness as you...
2025-01-0811 minBest Advice Podcast GuysFinancial Strategies Mindset & Tax Tips with the Best Advice CrewWelcome to this episode of the Best Advice Podcast Guys, where hosts Rob Lovaglio, Frank Lovaglio, Dave Allen, and Mitchell Walk dive into the art of positive thinking and effective financial planning. In a world full of uncertainties, understanding what you can control is key to maintaining happiness and reducing stress. Explore practical advice on controlling your reactions and setting the right expectations.
This episode also tackles proactive tax strategies, shedding light on how to take charge rather than merely reacting to tax season challenges. Listeners are introduced to beneficial practices such as contributing to various retirement...
2025-01-0116 minBest Advice Podcast GuysFrom the Court: BJ Taylor's JourneyWelcome to a captivating episode of the Best Advice Podcast Guys, where financial wisdom merges with inspirational stories. This week, we're joined by the legendary UCF basketball star, BJ Taylor, as he takes us through his incredible journey from being a high school prodigy to a prominent figure in college basketball.
BJ shares his insights on the challenges and triumphs he faced on and off the court. We dive into his transition from playing with the Orlando Magic organization to pursuing new opportunities, including becoming one of the youngest analysts for ESPN. Gain valuable perspectives on believing...
2024-12-2526 minBest Advice Podcast GuysBusiness Tax Deductions: Maximize Your Profit By Minimizing Unnecessary Tax!Welcome back to the Best Advice Podcast! In this episode, host Rob Lovaglio is joined by Mitchell Allen and first-time guest Daniel Corson, an advisor at Security Financial Management, to tackle the subtle art of managing ego for personal growth.
The team dives deep into practical advice on business tax deductions, especially useful for new business owners. From vehicle deductions to home office expenses, marketing strategies, and even hiring family—all are discussed in detail to help you manage your business finances smartly. Daniel and Mitchell share insightful tips that aim to maximize your profit by minimizing un...
2024-12-1812 minBest Advice Podcast GuysIs Gold Really Worth the Hype?Join us in this episode of the Best Advice Podcast as Rob Lovaglio, along with Mitchell Walk and Keith Moore, dive into the world of gold investments. From personal anecdotes to in-depth analysis, we explore whether gold is truly a safe haven or just a glittering illusion. Why do people turn to gold in uncertain times, and how does it stack up against stocks over the long term?
Our hosts share valuable insights on the hidden costs and taxes associated with investing in gold, contrasting it with the more practical investment in stocks. Find out if gold’s...
2024-12-1115 minBest Advice Podcast GuysLowering Taxable Income | Tax Bracket ManagementIn this engaging episode of the Best Advice Podcast, hosts Rob Lovaglio and Austin Fatz Jacks are joined by Keith Moore, partner and COO of Security Financial Management, for an insightful discussion on tax bracket management. Discover how a strategic 401k contribution can lower your taxable income while boosting your retirement savings.
Listen as the team answers a listener's question about handling year-end bonuses to avoid higher tax brackets and explore the benefits of "double-dipping" for tax savings and long-term wealth growth. Learn practical advice for managing your finances and better understand how wealthy individuals optimize their...
2024-12-0406 minBest Advice Podcast Guys10 Important Birthdays! Crucial to Transform Your Financial WorldWelcome back to another exciting episode of the Best Advice Podcast, where hosts Rob Lovaglio, Austin Fatz Jacks, and Mitchell Walk dive into the holiday spirit of Thanksgiving. In this special episode, they share what they’re thankful for, which includes family, health, and culinary talents.
The discussion then transitions into crucial financial and health milestones associated with aging. As listeners embark on the journey toward their 40s and beyond, the hosts break down 'important birthdays' that can significantly impact financial planning and benefits. Topics include IRS catch-up contributions starting at age 50, accessing retirement funds penalty-free at ag...
2024-11-2714 minBest Advice Podcast GuysUnwrapping the Santa Claus Rally: Myths, Facts, and Holiday CheerIn this festive episode of the Best Advice Podcast, join hosts Rob LaVaglio, Frank LaVaglio, and Mitchell Walk as they dive into the holiday spirit and discuss the much-talked-about Santa Claus Rally. As the holiday season approaches, the hosts share their love for Thanksgiving and the joy of family gatherings, while also exploring the intriguing concept of a sustained increase in the stock market during the Christmas period.
The episode kicks off with a celebration of Security Financial Management's sixth consecutive year being voted Best Financial Planning in Winter Park, Florida, highlighting the importance of teamwork and...
2024-11-2012 minBest Advice Podcast GuysThe Power of Investing $5: The Financial Planning Process with SFMIn this insightful episode of the Best Advice Podcast, host Rob Lovaglio is joined by the dynamic father-son duo, Dave and Mitchell Allen, to dive into the fundamentals of financial planning. Sponsored by Security Financial Management, the discussion centers around the transformative power of consistent saving and investing, even with as little as $5 a day. The team explores the concept of compound interest, famously dubbed the "eighth wonder of the world" by Albert Einstein, and how it can significantly impact your financial future.
Listeners are encouraged to consider the potential of redirecting small daily expenses towards investments...
2024-11-1311 minBest Advice Podcast GuysNavigating Retirement: Prudent Withdrawal Strategies and Financial FlexibilityIn this episode of the Best Advice Podcast, hosts Rob Lovaglio, Frank Lovaglio, and Austen Jacks dive deep into the topic of retirement planning, focusing on the often-debated "4% rule" for safe withdrawals. Frank shares his four decades of experience to provide insight into how much you can safely withdraw from your retirement savings, while Austin emphasizes the importance of flexibility and strategic planning. The conversation also touches on tax considerations, with a timely reminder about potential changes in capital gains taxes in 2025, especially if you're considering selling highly appreciated assets. Plus, the team discusses the power of positive thinking...
2024-11-0608 minBest Advice Podcast GuysNew Corporate Transparency Act: What Small Business Owners Need to KnowWelcome back to the Best Advice Podcast, brought to you by Security Financial Management. Join host Rob Lovaglio and co-hosts Austin Fats-Jacks, and Michael Allen as they dive into the latest updates in financial management and small business regulations.
This episode kicks off with a celebration of Michael Allen's recent recognition as one of the top 100 advisors managing over a billion dollars in assets. Following the celebration, the hosts tackle a pressing question from Austin in Orlando regarding the Corporate Transparency Act.
Michael Allen explains the new requirements for small businesses and LLCs to report...
2024-10-3008 minBest Advice Podcast GuysStock Market Shake-Up: CIO Kara Murphy on Trump's vs. Harris' Impact & Winning Sectors!In this episode of the Best Advice Podcast, host Rob Lovaglio is joined by financial experts Frank Lovaglio, RFC®, David Allen, CFP®, Mitchell Walk, AAMSC® along with special guest Kara Murphy, CFA® Chief Investment Officer of Kestra Financial. Together, they break down the potential stock market impacts of the 2024 U.S. election, exploring how a win from either Donald Trump or Kamala Harris could affect key sectors. Kara shares her expert insights on the current market dynamics, touching on the influence of major players like NVIDIA and the critical role of maintaining a positive mindset amidst market fluctuations. She also...
2024-10-2313 minBest Advice Podcast GuysMedicare Enrollment: Key Insights and StrategiesWelcome back to the Best Advice Podcast, hosted by Rob Lovaglio, alongside Dan LaFoorest and Trevor Bell. In this special episode, we dive into the intricacies of Medicare as the annual enrollment period kicks off. The team addresses a flurry of questions from listeners, offering guidance on selecting the right Medicare plan, understanding enrollment periods, and the impact of COVID-19 on medical costs.
We explore the differences between Original Medicare and Medicare Advantage plans, breaking down the concept of "pay now" versus "pay later" and how it influences your healthcare decisions. Our hosts emphasize the importance of...
2024-10-1612 minBest Advice Podcast GuysUnderstanding Your 401k: Maximize Your Retirement SavingsWelcome back to the Best Advice Podcast Guys, hosted by Rob Lovaglio, along with Mitch and Dave Allen. In today's episode, the team kicks off with some 🎉 Exciting news! Security Financial Management is in the running for Best Financial Planner of Winter Park for the 6th year in a row! Show your support and please vote at: vote.winterpark.org Having also won Best Financial Firm in Best of Orlando and Best Financial Firm in Central Florida, we’re proud to continue delivering top-notch financial advice. Join Rob Lovaglio in this informative video as he breaks down the basics of 40...
2024-10-0915 minBest Advice Podcast GuysMost Common Mistakes for New Investors: Unlocking Brain PowerToday's episode is brought to you by Security Financial Management. Welcome back to the Best Advice Podcast! I'm your host, Rob Lovaglio, here with Austen "Fatz" Jacks. We're excited to kick things off with a segment called "Give Me Something Good."
In this episode, we share a simple yet powerful brain-strengthening technique: brushing your teeth with your non-dominant hand. This small change in your morning routine can help enhance focus, memory, and creativity by engaging the opposite hemisphere of your brain.
We also address a listener question from Bruce in Clearwater, who is looking to...
2024-10-0207 minBest Advice Podcast GuysTax Harvesting 101: Turn Losses into Future Gains!Welcome back to the Best Advice Podcast! In today's episode, hosts Rob Lovaglio, Austin Fatz Jacks, and Frank Lovaglio dive into the science-backed benefits of self-reflection. Discover how looking within can enhance your life satisfaction and even improve sleep quality.
Rob presents a thought-provoking challenge: answering four key questions to gain clarity and peace. These questions help you evaluate your true desires, confront hidden emotions, and redefine success beyond money and status.
In the latter part of the episode, the team tackles a listener's question about reducing tax implications after selling a property for a...
2024-09-2506 minBest Advice Podcast Guys529 College Savings Hacks: Funding Dreams Beyond (or Instead) of CollegeJoin Rob Lovaglio, Frank Lovaglio and Austen Jacks in this informative video as they dive into the critical topic of what to do if your child decides not to attend college, despite having a paid 529 college savings plan. Frank and Austen will explore alternative options for utilizing those funds, including technical training or instead attending a higher end university.
They’ll also discuss the potential tax implications and strategies for making the most of your 529 plan if college isn’t in the cards. Whether you're a parent, guardian, or a beneficiary yourself, this video is packed with practical advice and insi...
2024-09-1807 minBest Advice Podcast Guys🎙️✨ Miss Universe Peru 2023. The Inspiring Journey of Camila Escribens ✨🎙️Welcome back to the Best Advice Podcast! In this episode, hosts Rob Lovaglio and Austen Fatz Jacks sit down with a truly inspiring guest: Miss Universe Peru 2023. Camila Escribens shares her incredible journey from top-ranked athlete to beauty queen and the challenges she overcame along the way.
Camila opens up about her early dreams of representing Peru in sports, her battle with a life-threatening medical condition, and how she transitioned into the world of beauty pageants. She discusses the importance of mental health, the pressures of the pageant industry, and her philanthropic efforts with her nonprofit organization...
2024-09-1132 minBest Advice Podcast GuysNavigating Interest Rate Changes: Best Advice Podcast GuysWelcome back to the Best Advice Podcast Guys, brought to you by Security Financial Management! Join your hosts, Rob Lovaglio, Mitchell Walk, and Austin Jacks, as they delve into the latest financial trends and insights. In this episode, they discuss the potential impact of the Federal Reserve's upcoming decision on interest rates and what it means for the average consumer.
Starting with a motivational segment, "Give Me Something Good," the hosts share practical advice on self-discipline and habit formation inspired by Kobe Bryant. They emphasize the importance of committing to your goals without negotiating with yourself.
2024-09-0411 minBest Advice Podcast GuysThe Truth Behind the Stock Market’s Crash📉& Surge 📈!Welcome back to another episode of the Best Advice Podcast! Your host, Rob Lovaglio, Dave Allen and Frank Lovaglio, dive into the power of productivity and how lists can skyrocket your efficiency by 500%. Learn about the technique of "single handling" to boost your daily accomplishments.
In this episode's "Give Me Something Good" segment, the team discusses making your bed every morning as a simple yet effective productivity hack.
Later, the podcast tackles a listener's question about the recent market fluctuations. Discover why the market took a hit, how it bounced back, and the significance of...
2024-08-2812 minBest Advice Podcast GuysInvesting During Election Years?? Historic Market Returns and StrategiesToday's episode is brought to you by Security Financial Management. Welcome back to the Best Advice Podcast! I'm your host, Rob Lovaglio, along with the father-son duo of Dave Allen and Mitchell Allen. In today's episode, we dive into the importance of enjoying what you have and avoiding the constant pursuit of more. We also discuss the significance of not comparing yourself to others.
Our main topic today is why Election years historically create market volatility while still coming out on top! John from Clearbont asks about Security Financial Management's thoughts on the recent market volatility and...
2024-08-2114 minBest Advice Podcast GuysNavigating Market Volatility: Insights and StrategiesWelcome to the Best Advice Podcast! In this episode, host Rob Lovaglio is joined by Austin Fatz Jacks, Mitchell Walk, and Dave Allen to discuss the recent market volatility and its impact on tech stocks. They delve into the importance of understanding and managing emotions during these turbulent times and highlight the significance of maintaining a long-term perspective.
The discussion covers the remarkable run-up in tech stocks, the rotational shift to small caps, and the broader market's reaction to various economic indicators. The hosts also explore strategies for managing risk and emphasize the value of consulting with...
2024-08-1413 minBest Advice Podcast GuysTrump Sunset Laws in 2025: Preparing for Financial Changes in Capital Gains and Tax RatesWelcome to the Best Advice Podcast! In this episode, hosts Rob Lovaglio, Mitchell Walk, Frank Lovaglio, and Dave Allen discuss various financial topics, from LeBron James' legacy to the importance of estate planning.
The team examines the implications of the upcoming Trump sunset laws in 2025 and offers strategies for preparing for potential changes in capital gains and federal income tax rates. They also emphasize the significance of having a well-drafted estate plan and keeping beneficiary information up to date.
Whether you're planning for your future or looking to optimize your current financial strategy, this episode...
2024-08-0714 minBest Advice Podcast GuysUnlocking NIL: The John Walker StoryWelcome to the Best Advice Podcast! In this episode, we dive deep into the revolutionary world of Name, Image, and Likeness (NIL) in college sports. Join your host, Rob Lovaglio, alongside Austin, Fats Jacks, and Dan LaForest, as they explore how NIL is reshaping the future for young athletes.
Today's special guest is John Walker, a five-star defensive lineman from Kissimmee, Florida, and an ESPN freshman All-American at UCF. John opens up about his incredible journey from high school to college stardom and how the new NIL rules have transformed his recruiting experience and financial opportunities.
2024-07-3120 minBest Advice Podcast GuysUnlocking the Housing Market: Buy Now or Wait?In this episode, we delve into the fascinating world of high school tennis and the psychological edge that separates the top 20 players from the rest. Learn about the critical 10-second mental strategy that can make or break a game and discover how positive thinking and mindset play a crucial role in achieving success.
We also explore the story of Carlos Alcaraz, the young tennis prodigy who dethroned a champion with his unwavering belief in victory. His journey offers valuable lessons on confidence and mental preparation.
Additionally, we tackle a listener's question about the real estate...
2024-07-2418 minBest Advice Podcast GuysThis Time It's Different: The Truth Behind the Fed's New Hinted Rate CutWelcome to the Best Advice Podcast, hosted by Rob Lovaglio, along with Mitchell Walk, Frank Lovaglio, and Dave Allen. In this episode, we dive into the secrets of staying young with Barbara O'Neill, a vibrant 93-year-old who looks decades younger. She shares her three holistic health secrets: drinking ginger and lime juice on an empty stomach, using rosemary olive oil for hair, and taking moringa supplements.
We also discuss the latest news from the Federal Reserve on interest rates. Janet from Fort Myers asks why this time's hint about lowering rates differs from previous hints. The team...
2024-07-1714 minBest Advice Podcast GuysWhat is "SPAVING"? The Hidden Financial Trap of Spending Money to Save MoneyWelcome back to the Best Advice Podcast Guys! In this episode, hosts Rob Lovaglio, Dave Allen, and Mitchell Walk dive into the intriguing concept of "spaving"—spending money to save money. Discover the origins of the word "okay" and enjoy some lively banter about recent holidays and new gadgets.
Our hosts break down the psychological traps of spaving, from BOGOs to limited-time offers, and provide practical tips on how to avoid falling into these financial pitfalls. Learn how to steer clear of unnecessary purchases, the benefits of paying with cash, and the importance of "sleeping on it" be...
2024-07-1017 minBest Advice Podcast GuysUnpacking the Rule of 72: Your Path to Financial FreedomWelcome back to the Best Advice Podcast! In this special 4th of July episode, hosts Rob Lovaglio, Austin Fatz Jacks, and Mitchell Walk discuss the significance of America's Independence Day and share some positive energy to celebrate.
The episode highlights an in-depth discussion on the Rule of 72, prompted by a listener's question. The hosts explain this simplified formula for calculating how long investments take to double and delve into the importance of compound interest, sequence of returns, and other key financial concepts.
Additionally, Mitch provides a quick market update, shedding light on recent economic indicators...
2024-07-0312 minBest Advice Podcast GuysGet More Benefits By Pausing SOCIAL SECURITY...Welcome to another exciting episode of the Best Advice Podcast! Today, hosts Rob Lovaglio and Frank Lovaglio delve into their recent family trip to Ireland, sharing heartwarming anecdotes and a fun linguistic discovery from their tour guide, Liam.
The episode kicks off with the powerful practice of positive thinking. Rob introduces the concept of the "six-second kiss" and the "20-second hug," explaining how these simple acts can strengthen your bond with your partner and improve psychological well-being.
In the main segment, they tackle a listener's question about Social Security. Frank breaks down the rules and...
2024-06-2610 minBest Advice Podcast GuysRoth IRA or traditional IRA investment? Best Advice Podcast GuysWelcome back to the Best Advice Podcast, where your hosts, Rob Lovaglio, Austin Fatzz, Jacks, Frank Lovaglio, and Dave Allen, dive deep into the nuances of financial planning and living a fulfilled life. In today's episode, the team starts with a powerful quote about every person's two lives and explores how significant life events can change our perspectives.
The discussion then transitions into practical financial advice, focusing on balancing work and play to enjoy life truly. They share insights on how people often chase financial goals without ever slowing down to savor their achievements, a cycle that...
2024-06-1911 minBest Advice Podcast GuysGetting Taxed on Mutual Funds Without Selling? Here's Why! Best Advice Podcast GuysWelcome back to the Best Advice Podcast with your hosts Rob Lovaglio, Austen Fatz Jacks, Frank Lovaglio, and Dave Allen. In this episode, we kick off with an inspiring segment called "Give Me Something Good," featuring stories of perseverance and silent success from the world of acting and sports.
Our main discussion addresses a listener's concern about mutual funds and capital gains distributions. The team dives deep into the mechanics of mutual funds, explaining how capital gains are distributed to shareholders even during a down market. We also explore strategies to mitigate the impact of these taxable...
2024-06-1210 minBest Advice Podcast GuysEffective Strategies for Withdrawing MoneyWelcome back to the Best Advice Podcast, hosted by Rob Lovaglio, Austin Fatz Jacks, Frank Lovaglio, and Mitchell Walk. The team discusses effective strategies for withdrawing money from retirement portfolios in this episode. Thanks to our sponsor, Security Financial Management, for supporting this episode.
We start with a positive segment, "Give Me Something Good," where the hosts reflect on Memorial Day and the sacrifices for freedom. Moving forward, the question of the day from Nate in Chicago sparks a detailed discussion on retirement withdrawal theories. The experts share insights on the importance of considering all sources of...
2024-06-1216 minBest Advice Podcast GuysThe Power of Authenticity: With Special Guest Matt Morgan of Morgan&Morgan (Part2)
Welcome to this episode of the Best Advice Podcast Guys! Join hosts Rob Lovaglio, Frank Lovaglio, and Dave Allen as they dive deep into the importance of authenticity with special guest Matt Morgan from Morgan & Morgan Law. Discover why being genuine is crucial for success and how positive energy can impact your life.
Matt shares his journey, discussing the challenges and triumphs of becoming a trial attorney. Learn about his unique vision to help underserved communities and how small choices can compound to shape our character. This episode is filled with valuable life lessons and inspiring stories...
2024-05-2914 minBest Advice Podcast GuysSpecial Guest Matt Morgan of Morgan & Morgan: Inside the Legacy - Part 1From Ordinary Beginnings to Extraordinary Success: Matt Morgan's Journey
Tune in to this exciting episode of the Best Advice Podcast Guys as we invite a special guest, Matt Morgan, the managing partner of the largest law firm in the universe. Learn about Matt’s fascinating journey from humble beginnings to leading a firm employing over 3000 Americans, with branches in all 50 states. Marvel at the unassuming humility behind his astounding success and draw inspiration from his unique professional adventure.
Feel a wave of motivation as Matt narrates his father’s transformation from an ordinary conservative individual to a...
2024-05-2118 minBest Advice Podcast GuysChanges In Tax Law with Best Advice Podcast GuysIn this enlightening episode of the Best Advice Podcast, our knowledgeable hosts Rob Lovaglio, Dave Allen, Frank Lovaglio, and Mitch Walk offer a balanced mix of insightful financial market analysis and philosophical conversations. The discussion delves into recent market trends, the intrinsic power of positive thinking, and provides crucial financial tips, particularly on the anticipated changes in tax law.
Regardless of minor fluctuations, the conversation affirms the market's resilience, reaffirming the value of long-term investing and the harmful impact of reacting emotionally to daily market news. The hosts share their faith in the power of positive thinking...
2024-05-1520 minBest Advice Podcast GuysMarket Surge: Apple, Microsoft, and The Silver Car TestThis episode of the Best Advice Podcast addresses the perception of opportunities and the importance of being consciously aware of your surroundings. Your host, Rob Lovaglio, introduces an interactive segment known as the Silver Car Test. This intriguing exercise reveals the power of focused attention and demonstrates an essential message - opportunities are everywhere, but they can only be grasped if we are actively looking for them.
Another noteworthy part of the episode is focused on the recent development in the financial market, discussing the unexpected upturn of software employment numbers. This financial analysis helps elucidate market...
2024-05-0810 minBest Advice Podcast GuysMaximizing Treasury Bills, CDs, and High-Yield Savings Accounts | Best Advice Podcast GuysGet the best financial advice on maximizing your high-yield investment returns in this engaging episode of the Best Advice Podcast. Join Rob Lovaglio, Mitch Walk, Frank Lovaglio, and Austin Jacks as they discuss the right financial tools and strategies for growing your funds effectively.
In this episode, the financial experts will discuss current financial scenarios and how they impact your investment choices. Answering the 'Question of the Day', they vibrantly discuss the characteristics, benefits, and challenges of Treasury Bills, CDs, and High-Yield Savings Accounts. You will learn key insights on the choice between high yield savings account...
2024-05-0122 minBest Advice Podcast GuysThe Best Age To Claim Your Social Security Benefits | Best Advice Podcast Guys EPS 7In this compelling episode of the Best Advice Podcast, hosts - Rob Lovaglio, Mitch Watt, Frank Lovaglio, and Austin Jackson, delve into one of the most common yet confusing topics - Social Security benefits. They meticulously explain how these benefits are calculated, factors affecting them, and when is the best time to claim them.
Answering a listener's question for the source of the Social Security fund, the hosts explore how a fraction of your paycheck adds to it. They further ponder over hot topics surrounding the funding and the future sustenance of the Social Security system. Alongside...
2024-04-2418 minBest Advice Podcast GuysTalking New Tax Breaks | Best Advice Podcast GuysWelcome to another riveting episode of the Best Advice Podcast, dedicated to sharing knowledge and fostering positivity. In this episode, our experts, led by Rob Lovaglio, unravel the art of controlling what we can in life - extending from personal attitudes to crucial financial decisions.
We share powerful insights into the impact of positivity and control in our daily lives, emphasizing the importance of focusing on things we can influence rather than worrying about the uncontrollable. We also throw light on the need for control while setting expectations and responding to circumstances, the cornerstones of a balanced...
2024-04-1719 minBest Advice Podcast GuysBuilding Generational Wealth: Securing Child's Financial Future ! Best Advice Podcast Guys! EP:5Welcome back to Best Advice Podcast Guys, where we discuss important financial topics and answer your financial queries. Hosted by Rob Lovaglio, and featuring experts like Dave Allen, Frank Lovaglio, and Austin Jacks, our mission is to guide you through your financial journey. This episode highlights the impact of disciplined early investments and positive reinforcement on your financial success and your child's future retirement.
In this engaging episode, one of our listeners shares his concerns about ensuring a strong financial foundation for his child. We delve into how a regular and disciplined investment of $100 a month can...
2024-04-1017 minBest Advice Podcast GuysWild Ride of Trump's New Social Media Company's Stock: Best Advice Podcast Guys!Welcome to another episode of the Best Advice Podcast, a stellar space where our hosts Rob Lovaglio, Dave Allen, Frank Loaglio, and Mitchell Walk provide helpful insights and share positivity. We start with our segment, "Give Me Something Good," spotlighting motivational thoughts to brighten your day. This week's exceptional discussion involves the anterior mid-singulate cortex, a key brain structure connected to our willpower. Explore the link between mental engagement and the reinforcement of this brain structure.
Shifting from neurological nuances to financial territories, we address listeners' questions in our interactive Q&A segment. The topic in focus...
2024-04-0317 minBest Advice Podcast GuysNavigating Investment Crises & Power of Positive Mindset - Best Advice Podcast Guys! EP:3Welcome to an illuminating episode of the Best Advice Podcast. Join our host, Rob Lovaglio, along with co-hosts Dave Allen, Frank Lovaglio, and Mitchell Walk as they delve into the realm of negative self-talk, mental health, and positive thinking. Allow yourself to be inspired as they introduce their new segment – 'Give Me Something Good,' where they share impactful quotes and thoughts to foster a positive tone for the show.
Frank Lovaglio, gifts us an empowering quote from Norman Vincent Peale, promoting resilience and the strength found in overcoming obstacles. We further explore fear of the unknown, the pot...
2024-03-2716 minBest Advice Podcast GuysNVIDIA and AI Growth on Best Advice Podcast Guys!In this episode of the Best Advice Podcast guys, host Rob Lovaglio and co-hosts Frank Lovaglio and Dave Allen welcome Austin Jacks, a certified financial planner from their team. Before discussing the day's financial question, they have a fun discussion about a nickname that has stuck with Austin since his football days at Tulane University.
From the creative moniker to a more serious topic, Rob segues into the question of the day from Ben from New York City. Ben is interested in investing in AI, specifically in firms like NVIDIA and Microsoft. He wonders about the potential f...
2024-03-2014 minBest Advice Podcast GuysBest Advice from Special Guest BJ Taylor & Market Trends for 2024Welcome to the Best Advice Podcast. This episode features host Robert Lovaglio alongside co-hosts David Allen and Frank Lovaglio, founders of Security Financial Management and renowned figures from Fox TV show Financially Speaking with SFM. With a combined 100 years of experience in financial analysis and market management, they provide weekly insights about financial trends. Additionally, they host top-tier industry professionals to disclose their secrets of success.
In this episode, David and Frank reminisce about their younger years and the voyage toward a prosperous partnership. They also touch upon their transition from Fox TV to their own studio...
2024-03-1328 min2024-02-0200 min