Shows
No Dumb Questions with Connell McShane and Doug Flynn, CFPMarkets Are Crazy: You Shouldn't Be! No Dumb Questions Podcast with Connell McShane and Doug Flynn, CFP. Ep. 10Send us a textIn this special edition of the No Dumb Questions podcast, Connell McShane and Doug Flynn discussed the importance of financial literacy, long-term investing, and the cyclical nature of the market. They emphasized the need for portfolio rebalancing and diversification, the importance of separating short-term and long-term money, and the importance of staying calm during market fluctuations. They also encouraged listeners to reach out with any questions and to stay informed through their social media channels.Financial Literacy and Long-Term InvestingConnell and Doug discuss the importance of financial literacy...2025-04-0720 minNo Dumb Questions with Connell McShane and Doug Flynn, CFPHow To Become Financially Literate In 4 Easy Steps! No Dumb Questions with Connell McShane and Doug Flynn, CFP. Ep. 9Send us a textDoug and Connell discussed the importance of financial literacy and basic steps to improve it, emphasizing the need to start early and take advantage of employer-matched retirement funds. They also highlighted the importance of managing credit card debt, building a retirement account, creating an emergency fund, and paying off debt starting with the lowest balance credit card. The conversation concluded with a discussion on the importance of financial literacy, with April being designated as financial literacy month.Financial Literacy and Retirement PlanningConnell and Doug discuss the importance of...2025-03-1024 minNo Dumb Questions with Connell McShane and Doug Flynn, CFPWhy the Democrats Lost... And What It Means For Your Money. No Dumb Questions with Connell McShane and Doug Flynn, CFP. Ep. 8Send us a textThis podcast covered discussions on the changing political landscape and its impact on business and investment, particularly focusing on the shift in perception of the Democratic party and the influence of the tech industry on politics. The conversation also explored the mindset of successful business people, their political affiliations, and the importance of understanding the political landscape without letting personal views cloud judgment. Additionally, the participants touched on various ways to become a millionaire in the US, emphasizing the importance of business ownership and saving/investing.Financial Landscape and Political Shifts2025-02-0625 minNo Dumb Questions with Connell McShane and Doug Flynn, CFPLessons from L.A. Check Your Insurance Coverage NOW! Property, Auto and Life Insurance Tips You Need to Know. No Dumb Questions with Connell McShane and Doug Flynn, CFP. Ep. 7Send us a textThis podcast focuses on the importance of various types of insurance, with a particular emphasis on homeowners insurance and its coverage options. Discussions included the need for understanding policy basics, considering factors like deductibles and bundling for discounts, and following the 80% rule for adequate coverage. The conversation also touched on life insurance options and the challenges of affording insurance for families with children.Homeowners Insurance Coverage and ReviewConnell and Doug discussed the importance of homeowners insurance, particularly in areas prone to natural disasters like California and Florida. They...2025-01-1324 minNo Dumb Questions with Connell McShane and Doug Flynn, CFP401(k)s: Your Biggest Investment Asset. What You Need To Know. No Dumb Questions with Connell McShane and Doug Flynn, CFP. Ep. 6Send us a textConnell and Doug discussed the importance of early retirement planning, particularly through 401(k) plans, and the allocation of money in retirement plans. They also explored the challenges of retirement planning, comparing pensions and 401(k)s, and suggested ways to replicate a pension through investing. The conversation concluded with a discussion on the importance of self-reliance and having a plan for retirement.Retirement Savings by GenerationIn this episode of the podcast, Connell and Doug discuss retirement savings and how different generations approach the topic. They note that the way...2024-12-2327 minNo Dumb Questions with Connell McShane and Doug Flynn, CFPYear-End Tax & Investing Tips. No Dumb Questions with Connell McShane and Doug Flynn, CFP. Ep. 5Send us a textConnell and Doug discussed year-end tax planning strategies, including the benefits of selling off "losers" in investment portfolios to save on taxes and setting up a self-employed retirement plan. They also emphasized the importance of considering tax implications when making investment decisions, such as selling stocks with gains to offset losses. Additionally, they discussed the tax implications of gifting money to family members and the potential benefits of prepaying property taxes.Year-End Tax Planning StrategiesIn this episode of the podcast, Connell and Doug discuss year-end tax planning strategies...2024-12-0929 minNo Dumb Questions with Connell McShane and Doug Flynn, CFPTrump 2.0 and Your Money: Investing during the Trump Presidency. No Dumb Questions with Connell McShane and Doug Flynn, CFP. Ep. 4Send us a textConnell and Doug discuss the potential impact of Donald Trump's presidency on the stock market and the economy, including the effects of lower corporate tax rates and tariffs.Trump's Presidency and Economic ImpactDoug suggested that Trump's administration might lead to less regulation in energy and financial sectors, which could result in increased mergers and acquisitions. He also noted that the economy is in good shape, with the consumer being a significant contributor. However, Doug acknowledged the risk of going too far with business-friendly policies, which could lead to...2024-11-1824 minNo Dumb Questions with Connell McShane and Doug Flynn, CFPThe Election & Your Money. No Dumb Questions with Connell McShane and Doug Flynn, CFP. Ep. 3Send us a textConnell and Doug discussed the potential impact of the upcoming election on the stock market and investment strategies, emphasizing the importance of taking a long-term view. They also touched on the historical accuracy of presidential campaign promises, the potential effects of Trump's proposed trade policies, and the impact of tax changes on small businesses and the stock market. Lastly, they addressed the anxiety surrounding the election, attributing it to the polarized nature of information sources and differing perspectives on the candidates.Election Impact on Stock MarketConnell and Doug...2024-10-2822 minNo Dumb Questions with Connell McShane and Doug Flynn, CFPWhat We Wish We Knew When We Were 22! (About Money) No Dumb Questions with Connell McShane and Doug Flynn, CFP. Ep. 2Send us a textIn Episode 2 of No Dumb Questions, Connell McShane and Doug Flynn, CFP, share practical tips for financial success that they wish they knew when they were 22! Learn why starting early is key to building wealth, the power of compound interest, and how small, consistent savings can lead to becoming a millionaire. They also break down how to approach retirement savings like 401(k) plans and give advice on handling raises wisely. Tune in for actionable insights on managing your money smarter!Connell and Doug emphasized the importance of financial literacy, starting early...2024-10-1120 min
No Dumb Questions with Connell McShane and Doug Flynn, CFPInterest Rate Cut Implications for Your Money and Investments. No Dumb Questions with Connell McShane and Doug Flynn, CFP. Ep. 1Send us a textJoin veteran journalist Connell McShane and veteran financial advisor Doug Flynn, CFP, as they discuss the recent interest rate cuts by the Federal Reserve and their implications for consumers and investors, emphasizing the importance of financial literacy. They also explored the current interest rate environment and its implications for investments, with Doug suggesting that good companies with strong earnings would likely continue to perform well regardless of the election outcome. Lastly, they expressed their intention to create a podcast or video series to educate people on personal finance and investment strategies....2024-09-2315 min