Shows
Don Sowa's MoneyTalkThe Probability of a Successful RetirementOne of the many tools used during the financial planning process is the Monte Carlo simulation, which uses historical and personal financial data to predict the probability of certain outcomes in retirement. Nathan discusses how advisors use statistical analysis to help clients plan for retirement, and how the quality of the data you put in can mean the difference between success and failure. Also, on our MoneyTalk Moment in Financial History, Nathan and Daniel cover the birth of communism during the Russian Revolution, and the economic collapse that followed. Host: Nathan Beauvais CFP®, CIMA®, CPWA®; Special Guest: Daniel Sowa; Air Dat...
2025-08-2241 minDon Sowa's MoneyTalkThe 3 Phases of RetirementRetirement has the potential to make up 1/3 of your life, so naturally your experience will change as you pass through its various phases. Nathan discusses how we evolve through the three phases of retirement, and what we can do to prepare ourselves along the way. Also, on our MoneyTalk Moment in Financial History Nathan and Daniel tell the story of Alexander Hamilton and The Whiskey Rebellion. Host: Nathan Beauvais CFP®, CIMA®, CPWA®; Special Guest: Daniel Sowa; Air Date: 8/13/2025; Original Air Date: 6/26/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for...
2025-08-1541 minDon Sowa's MoneyTalkNon-Spousal Inheritance DistributionsInheriting money from your spouse is a pretty straightforward process, but when money is passed down from parents or other family members, the rules get a bit more complicated. Donna and Nathan discuss the process of distributing assets from a non-spousal inheritance. Also on MoneyTalk, Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 7/1/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation! *Index annuities are insurance contracts that, depending on the contract, may offer a guaranteed annual interest rate and some part...
2025-07-0341 minDon Sowa's MoneyTalkRetiring in a Down MarketNew retirees are entering a period of market uncertainty, and with time no longer on their side, the idea of drawing on assets that may be down can be far from ideal. Donna and Nathan discuss ways new retirees can mitigate sequence of return risk in their portfolios. Also on MoneyTalk, the problem with timing the market, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 6/26/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-06-3042 minDon Sowa's MoneyTalkEducation Savings OptionsOver the years, higher education has meant higher inflation, and although there are various education savings accounts available, their rules and tax treatment can vary. Donna and Nathan discuss the differences between Coverdell education savings accounts and 529s, and some of the strategic ways you can implement them to fit your situation. Also, on our MoneyTalk Moment in Financial History, Nathan and Daniel cover the circumstances leading up to the Great Depression. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Special Guest: Daniel Sowa; Air Date: 6/25/2025; Original Air Dates: 3/29/2023 & 10/1/2024. Have a question for the hosts? Visit sowafinancial.com/mone...
2025-06-2741 minDon Sowa's MoneyTalkWe May Finally Be Saving EnoughThe 401(k) savings rate has finally reached 15%, the level experts say is required for the average worker to retire comfortably when they reach retirement age. Donna and Nathan discuss the economic factors, policy changes and product innovations that have contributed to the closing of the retirement savings gap. Also on MoneyTalk, how strategic and tactical investment strategies are used to offset the inability to time the markets, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 6/24/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conv...
2025-06-2742 minDon Sowa's MoneyTalk401(k) Pros & ConsThe 401(k) is the primary retirement savings vehicle for American workers, but it is only one of the option available, and having a good grasp on the rules and limitations of those options is important when developing your retirement savings strategy. Nathan discusses the pros and cons of the 401(k), and how to use it to its full potential. Also on MoneyTalk, how income investing works, and understanding the various credentials held by advisors. Host: Nathan Beauvais, CFP®, CIMA®; Air Date: 6/20/2025; Original Air Dates: 5/31/2023, 6/9/2023 & 6/14/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See om...
2025-06-2442 minDon Sowa's MoneyTalkRental Property TaxesFor a young person starting out, receiving rental income from a multi-family home can be a great way to offset the cost of your mortgage, but many are unequipped to navigate the complicated tax rules that govern rental income without the help of a tax professional. Donna and Nathan discuss some specifics around rental property taxes and how to ensure that the IRS and property inspectors don’t catch you off guard. Also on MoneyTalk, Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 6/19/2025; Original Air Date: 2/2/2023. Have a question for th...
2025-06-2442 minDon Sowa's MoneyTalkSequence of Returns RiskAs an early investor, the risk of loss is balanced by your expected time in the market, but for those approaching retirement, loss of principle can be a major risk as you begin to draw income from your investments. Donna discusses how sequence of returns risk can play a major role in your ability to meet your retirement goals. Also, on our MoneyTalk Moment in Financial History, our hosts tell the story of how Charles Schwab helped to bring Wall Street to the middle class. Hosts: Donna Sowa Allard, CFP®, AIF®, Nathan Beauvais, CFP®, CIMA® & Steven Beauvais; Air Date: 6/18/2025; Original Air...
2025-06-2442 minDon Sowa's MoneyTalkHow to Interview an AdvisorChoosing your financial advisor is a decision that should not be taken lightly, because any professional relationship that could span decades is worthy of some due diligence. Donna and Nathan discuss the questions you should ask when interviewing a new financial advisor. Also on MoneyTalk, Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 6/17/2025; Original Air Date: 3/21/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-06-2342 minDon Sowa's MoneyTalkSequence of Returns RiskAs an early investor, the risk of loss is balanced by your expected time in the market, but for those approaching retirement, loss of principle can be a major risk as you begin to draw income from your investments. Donna discusses how sequence of returns risk can play a major role in your ability to meet your retirement goals. Also, on our MoneyTalk Moment in Financial History, our hosts tell the story of how Charles Schwab helped to bring Wall Street to the middle class. Hosts: Donna Sowa Allard, CFP®, AIF®, Nathan Beauvais, CFP®, CIMA® & Steven Beauvais; Air Date: 6/18/2025; Original Air...
2025-06-2042 minDon Sowa's MoneyTalkThe Urgent vs The ImportantPresident Eisenhower famously said âWhat is important is seldom urgent, and what is urgent is seldom important, highlighting the difference between tasks that demand immediate attention, and those that contribute to long term goals. Nathan discusses how this principle applies to our retirement goals, and how a disciplined approach to planning can help us avoid this common pitfall. Also on MoneyTalk, the problem with thinking of your home as an investment. Host: Nathan Beauvais, CFP®, CIMA®; Air Date: 6/13/2025; Original Air Dates: 10/11/2023 & 12/8/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/l...
2025-06-1742 minDon Sowa's MoneyTalkSeeking Financial CompatibilityNearly half of marriages today end in divorce, and surveys show that the leading causes for these failed unions involve differences around money. Donna and Nathan discuss the importance of financial compatibility between partners, and the critical role of communication in maintaining a healthy relationship. Also on MoneyTalk, IRS gifting rules, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 6/12/2025; Original Air Dates: 10/5/2023 & 11/21/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-06-1637 minDon Sowa's MoneyTalkDealing With Financial ExposureYou can learn a whole lot about a person just by following their money, so there’s a level of vulnerability inherent in the financial planning process that many find it difficult to overcome in the initial stages. Donna and Nathan take us through the steps involved in launching a financial plan, and the liberating effect that financial transparency can bring. Also, on our MoneyTalk Moment in Financial History, Nathan and Daniel tell a story of corruption and bloodshed: the building of the second transcontinental railroad, the Northern Pacific. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Special Guest...
2025-06-1341 minDon Sowa's MoneyTalkRetirement Risk ManagementAny reward worth pursuing likely comes with an equal measure of risk, but by taking the time to plan for those potential risks, you can ensure that your journey is a considerably less stressful one. Donna and Nathan discuss how to prepare for some of the risks you will face as you enter retirement. Also on MoneyTalk, the benefits of budgeting, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 6/10/2025; Original Air Dates: 10/27/2022 & 7/29/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omny...
2025-06-1241 minDon Sowa's MoneyTalkDon’t Lose Sleep Over Your MoneyRetirement planning is a life-long endeavor, and ruminating over the financial question marks that linger in the back of our minds can weigh on us over time. Donna and Nathan discuss retirement planning issues that keep people up at night, including: whether or not their money will last, how to pay for long term care, sorting out financial clutter, and much more. Also on MoneyTalk, how politics have shaped the social security system and stood in the way of sustainable reform. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 6/9/2025; Original Air Dates: 8/29/2023 & 7/1/2024. Have a question for the...
2025-06-1142 minDon Sowa's MoneyTalkEstate Planning for EveryoneThere is a common misconception that estate planning is exclusively for the rich, but many of the legal tools that estate attorneys prepare are useful for people from all walks of life. Nathan speaks with estate planning attorney and long time friend of the show, Andy Nault, to discuss some estate planning documents that you should consider having in place, how to avoid some common mistakes, and much more. Host: Nathan Beauvais, CFP®, CIMA®; Special Guest: Andy Nault; Air Date: 6/6/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for pr...
2025-06-1042 minDon Sowa's MoneyTalkThe Unlikely Passing of Social SecuritySocial safety nets have existed in one form or another since the Middle Ages, but no government entitlement program has touched more people or enjoyed more longevity than Social Security. On this edition of our MoneyTalk Moment in Financial History, Nathan takes us through the events that led to the unlikely passing of the Social Security program, and why itâs been so critical to the ongoing welfare of our nation. Host: Nathan Beauvais, CFP®, CIMA®; Air Date: 6/4/2025; Original Air Date: 8/9/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for p...
2025-06-0942 minDon Sowa's MoneyTalkTraditional vs Roth IRAsEven if you know all of the rules that govern Traditional and Roth IRAs, deciding on which to use and how to use them can still be a difficult one. Donna and Nathan discuss the differences between Traditional and Roth IRAs, and the types of questions you should be asking yourself when deciding how to incorporate them into your retirement planning. Also on MoneyTalk, milestone ages in social security planning, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 6/5/2025; Original Air Date: 1/23/2024 & 7/1/2024. Have a question for the hosts? Visit sowa...
2025-06-0941 minDon Sowa's MoneyTalkShould We Worry About the Deficit?Elon Musk’s recent criticism of Trump’s spending bill has added fuel to burgeoning fears that the federal deficit may reach a critical level, and the potential fallout for the country. Donna and Nathan discuss the One Big Beautiful Bill, its potential impact on yields, and the likelihood of it propelling markets into a new recession. Also on MoneyTalk, the historic legacy of Warren Buffett, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 6/3/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See om...
2025-06-0541 minDon Sowa's MoneyTalkA Run on Social SecurityWith spending cuts being applied to some critical government entitlements, many soon-to-be retirees are being prompted to claim their Social Security benefits early, potentially accelerating the timeline in which the system reaches insolvency. Donna and Nathan discuss how this trend may impact peoples’ ability to retire, and what measures are being considered to create a more sustainable safety net for our nation’s seniors. Also on MoneyTalk, goal setting advice for young adults. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 6/2/2025; Original Air Dates: 7/31/2023 & 4/29/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conv...
2025-06-0441 minDon Sowa's MoneyTalkThe Benefits of a Corporate TrusteeTrusts are a useful tool to ensure that your assets are distributed according to your wishes, however the role of the trustee is critical in the execution process, and sometimes it can be in your best interest to leave these complicated legal matters to a third-party. Nathan and Steve talk with the head of the Wealth and Trust division at Bluestone Bank, Bob Peixoto, to discuss corporate trustees, when they are typically used, and how they work to protect the interests of Grantors in complex trust situations. Also on MoneyTalk, lessons on risk from Morgan Housel’s book, “Same as Ever...
2025-06-0442 minDon Sowa's MoneyTalkRetirement Planning MovesRetirement planning is all about balance, and the moves you make can only make sense if they are part of a broader strategy that youâre willing to stick to. Donna and Nathan discuss some strategic moves that you can make along the road to retirement to put you in the best position to meet your long term goals. Also on MoneyTalk, Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 5/29/2025; Original Air Date: 5/23/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudi...
2025-06-0242 minDon Sowa's MoneyTalkShould You Invest in REITs?Real estate is the only asset class that has historically kept up with stocks, but investing in property can be time consuming and expensive, that is unless you invest in REITs. Nathan and Steve discuss the different types of Real Estate Investment Trusts, how they work, and the benefits and drawbacks of passive real estate investing. Also, on our MoneyTalk Moment in Financial History we cover the controversial legacy of âThe Match Kingâ, Ivar Kreuger, who was responsible for many of the financial products we still use today, as well as one of the biggest Ponzie schemes of the 20th ce...
2025-05-3042 minDon Sowa's MoneyTalkOne Big Beautiful Benefit CutThe passing of the One Big Beautiful Bill by the House has garnered much attention for its tax implications, but another focus area of the bill that will impact millions of Americans is Medicare. Donna and Nathan discuss how to prepare for the changes coming down the pike for Medicare beneficiaries and providers due to the new budget bill. Also on MoneyTalk, upcoming changes to IRA catch-up contribution rules stemming from the SECURE Act 2.0, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 5/27/2025. Have a question for the hosts? Visi...
2025-05-2941 minDon Sowa's MoneyTalkEstate Planning FailuresIf you are one of the millions of Americans who doesn’t have a will, trust, or other estate planning tool in place, your assets are left at the mercy of the laws of the state in which you live, which can lead to unintended costs, headaches, and conflicts for your loved ones. On this Best of MoneyTalk episode, we revisit a conversation with estate planning attorney and long time friend of the show, Paul Brule, to discuss some of the most common estate planning mistakes and how to avoid them. Hosts: Nathan Beauvais CFP®, CIMA® & Steven Beauvais; Special Guest: Paul...
2025-05-2841 minDon Sowa's MoneyTalkEarly Withdrawal ExceptionsOver the years the IRS has added more and more exceptions to the IRA early withdrawal penalty, and although we always encourage savings discipline, under certain circumstances having the ability to access your money can make a world of difference. Donna and Nathan discuss the various exceptions to the 10% IRA early withdrawal penalty, and how to know if you qualify. Also on MoneyTalk, the problem with spending too little in retirement, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 5/22/2025. Have a question for the hosts? Visit sowafinancial.com/mone...
2025-05-2742 minDon Sowa's MoneyTalkThe Transcontinental RailroadNo innovation contributed more to westward expansion and American progress than the transcontinental railroad, but the road to that progress was paved in corruption and brutality. On this addition of our MoneyTalk Moment in Financial History, Nathan and Daniel tell the story of the first transcontinental railroad, and the greed, ambition and lives sacrificed to make it all possible. Also on MoneyTalk, how to choose your investment vehicle. Host: Nathan Beauvais, CFP®, CIMA®; Special Guest: Daniel Sowa; Air Date: 5/21/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy in...
2025-05-2342 minDon Sowa's MoneyTalkA Retirement Plan for the 21st CenturyThe 401(k) has been the primary retirement savings vehicle for decades, but with workers frequently changing jobs and cashing out their small 401(k)s, many believe itâs time for a solution more fitting for the times. Donna and Nathan discuss some of the proposals circulating for a new workplace retirement plan to help fill the gap in retirement savings. Also on MoneyTalk, 7 milestone ages in retirement, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 5/20/2025; Original Air Date: 2/20/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join t...
2025-05-2242 minDon Sowa's MoneyTalkFinding Your Work/Life BalanceBurnout is all too common in corporate America today, and for those trying to decide if itâs time to jump ship to a new career it can be a scary and uncertain time. Nathan talks with Dave Lubelczyk, founder of The Dream Catapult, to discuss his journey of leaving the corporate world behind to help individuals rewrite their story and pursue a lifestyle that better reflects their true values. Host: Nathan Beauvais, CFP®, CIMA®; Special Guest: Dave Lubelczyk; Air Date: 5/16/2025; Original Air Date: 2/23/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnys...
2025-05-2042 minDon Sowa's MoneyTalkHomeowners Take Another HitProperty tax revenue has plummeted since the pandemic, prompting local governments to raise taxes on property owners. Donna and Nathan discuss the factors that have led to this, and the fallout for homeowners. Also on MoneyTalk, current financial scams to be on the lookout for, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 5/15/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-05-1942 minDon Sowa's MoneyTalkWhy Titling MattersWhen Shakespeare asked, "What's in a name?", he clearly wasn't talking about financial accounts, because the way we title our accounts has great bearing over who controls them, the limits of that control, and their tax treatment. Nathan and Steve take us through some scenarios that highlight the importance of being intentional about the types of accounts you open, and how you choose to tile them. Also, on our MoneyTalk Moment in Financial History Nathan and Daniel tell the infamous story of one of the first major US railroads, the Eerie, and the war that ensued between Cornelius Vanderbilt, Daniel...
2025-05-1942 minDon Sowa's MoneyTalkGen-X vs Boomers in RetirementAs with every generation, Gen-Xers and Baby Boomers grew up with very different experiences, so it’s no surprise that they have approached retirement savings very differently. Donna and Nathan discuss the factors that have led to this generational divergence in retirement planning. Also on MoneyTalk, choosing the right type of business entity, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 5/13/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-05-1542 minDon Sowa's MoneyTalkHow to Organize Your BusinessBusiness owners can choose from a variety of entity types when organizing their business for limited liability, and deciding which to use depends largely on which type serves their best interest in terms of taxes. Nathan discusses the different options for registering your business and the benefits and drawbacks of each. Also on MoneyTalk, 10 things you should know about bonds, and understanding the different investment categories. Host: Nathan Beauvais, CFP®, CIMA®; Air Date: 5/9/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-05-1342 minDon Sowa's MoneyTalkPlanning by the DecadeAs you age, your financial priorities will change with you, so when we create a financial plan it is often useful to look at each decade separately, allowing your plan to evolve to meet the needs of each moment. Donna and Nathan discuss the typical areas of focus that come with each decade as you journey toward retirement. Also on MoneyTalk, Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 5/8/2025; Original Air Date: 2/7/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com...
2025-05-1242 minDon Sowa's MoneyTalkHow Stock Options WorkCompanies often use stock options as an incentive to attract talent, and while highly coveted, they are also highly complex and often misunderstood. Donna and Nathan discuss two common types of stock options, RSUs and non-qualified stock options, and how they work. Also on MoneyTalk, 7 milestone ages in retirement planning, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 5/6/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-05-0941 minDon Sowa's MoneyTalkCommon Retirement MistakesGrowth in life is largely about learning from your mistakes, but at a certain point in our journey we will no longer have the benefit of time to recover from those mistakes, so having a plan is essential. Nathan discusses some common mistakes to be mindful of as we prepare for retirement, including: outliving your assets, favoring accumulation over distribution, failing to account for inflation, and much more. Also on MoneyTalk, how to determine which of the three core asset allocation strategies is right for your portfolio. Host: Nathan Beauvais, CFP®, CIMA®; Air Date: 5/2/2025; Original Air Dates: 6/12/2023 & 7/28/2023. Have a question fo...
2025-05-0642 minDon Sowa's MoneyTalkThe Evolution of Target Date FundsNearly 1/3 of 401(K) assets are held in target date funds, and with recent statistics showing the composition of these funds becoming riskier, some are questioning how this might impact investors in the long term. Donna and Nathan discuss why target date funds are becoming more aggressive, and how to use them appropriately in your portfolio. Also on MoneyTalk, when DIY investors should consider professional advice, and Stock Trivia: Battle of the Sowas. Investments in target-date funds are subject to the risks of their underlying holdings. The year in the fund name refers to the approximate year (the target date) when...
2025-05-0541 minDon Sowa's MoneyTalkWays to Catch UpWhen you’re young, it’s easy to get paralyzed worrying about how you should be saving for retirement, but the first and most important step is to just be saving. Donna and Nathan discuss strategies you can follow to catch up on your retirement savings if you feel like you’ve fallen behind. Also, on our MoneyTalk Moment in Financial History we discuss one of the earliest and most consequential financial bubbles of all time, the South Sea Bubble. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Special Guest: Daniel Sowa; Air Date: 4/30/2025; Original Air Dates: 7/24/2024 & 8/27/2024. Have a question...
2025-05-0241 minDon Sowa's MoneyTalkA Run on Social SecurityWith spending cuts taking place at nearly all levels of government, many soon-to-be retirees are being prompted to claim their Social Security benefits early, potentially accelerating the timeline in which the system reaches insolvency. Donna and Nathan discuss how this trend may impact peoples’ ability to retire, and what measures are being considered to create a more sustainable safety net for our nation’s seniors. Also on MoneyTalk, Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/29/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversa...
2025-05-0142 minDon Sowa's MoneyTalkDo I Need a CPA?If you receive all of your income by W-2, most tax filing software will likely give you similar results to what you would get if you had filed through a CPA, but for 1099 employees, having the guidance of a professional can make a world of difference. Nathan speaks with CPA, John Briggs, Founder of Incite Tax, about the value of using a CPA for certain tax filers, some non-tax accounting services offered by CPAs that you can take advantage of, common tax deduction myths, and much more. Host: Nathan Beauvais, CFP®, CIMA®; Special Guest: John Briggs, CPA; Air Date: 4/25/2025; Original Ai...
2025-04-2942 minDon Sowa's MoneyTalkMaximizing Your Retirement IncomeHow you choose to draw on your retirement assets can make a big difference in your overall tax liability, so unless you’re feeling charitable towards the US government, having a strategy is critical. Donna and Nathan discuss the order in which you withdraw from your retirement accounts, and some actions you can take in the years leading up to retirement to help you benefit from more of your hard earned income. Also on MoneyTalk, preparing for unplanned expenses, and Stock Trivia: Battle of the Sowas. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/24/2025. Have a questi...
2025-04-2841 minDon Sowa's MoneyTalkPersonalizing Your Asset AllocationAge is a primary factor in deciding on the right investment allocation for your portfolio, but as you might imagine, thereâs a bit more to it than that. Nathan and Steve discuss four questions you should ask yourself when developing a tailored asset allocation strategy. Also, our MoneyTalk Moment in Financial History tells the story of how the early innovations of the Nasdaq paved the way for the modern era of stock trading, and the surprising role that Bernie Maddoff played in making it all possible. Hosts: Nathan Beauvais CFP®, CIMA® & Steven Beauvais; Air Date: 4/23/2025. Have a question for the h...
2025-04-2542 minDon Sowa's MoneyTalkThe Anti-Annuity MovementThe Department of Labor is embroiled in a legal dispute with the insurance industry over legislation aimed at protecting consumers from inappropriate annuity sales practices. Donna and Nathan discuss both sides of the debate and explain why they believe the case against annuities may be being oversold. Also on MoneyTalk, understanding tax categories, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/22/2025; Original Air Dates: 8/19/2024 & 8/20/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-04-2442 minDon Sowa's MoneyTalkSorting Out Social SecuritySocial Security is a core component of most Americansâ retirement plans, but it may surprise you to hear that it was highly controversial when initially proposed, and to get it passed, Congress had to include complex provisions which still exist to this day. Donna and Nathan discuss the intricacies of the Social Security system, and the reasons why it has been so difficult to reform. Also on MoneyTalk, how AI is being used to enhance the services that financial advisors provide. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/18/2025; Original Air Date: 6/20/2023 & 7/1/2024. Have a question for the hosts...
2025-04-2242 minDon Sowa's MoneyTalkLessons for New RetireesOne of your advisor’s jobs is to act as facilitator for you and your spouse, ensuring that all parties have a clear and active role in the financial decisions that impact them. Donna and Nathan discuss the benefits of having an all-in approach to managing your finances, and some of the planning topics that frequently come up. Also on MoneyTalk, the pros and cons of using target date funds, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/17/2025; Original Air Date: 8/13/2024. Have a question for the hosts? Visit sowafi...
2025-04-2142 minDon Sowa's MoneyTalkAsset Allocation StrategiesWhen you consider the complexity of the markets, you might look at asset management as an art form, and while this may be true to some extent, there is a science behind asset allocation that helps to guide most rebalancing decisions. Nathan discusses the mechanics of the three primary asset allocation strategies: strategic, tactical and dynamic. Also, on our MoneyTalk Moment in Financial History Nathan and Steve tell the story of how Charles Schwab opened up the world of investing to the middle class with the first discount brokerage. Hosts: Nathan Beauvais CFP®, CIMA® & Steven Beauvais; Air Date: 4/16/2025; Original Air Da...
2025-04-2142 minDon Sowa's MoneyTalkHow the US Lost ManufacturingIn the 1950 about 35% of US private sector jobs were in manufacturing, today that figure stands at just over 9%, so the big question is, how did we lose our place as the world’s manufacturing powerhouse? Nathan tells the story of how factors such as Americans’ rise in affluence led to the decline in domestic manufacturing, and whether there is anything that can be done to bring it back. Also on MoneyTalk, why do financial bubbles occur, and are average investors listening to the wrong people for investment advice? Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/15/2025. Have a q...
2025-04-1742 minDon Sowa's MoneyTalkRetirement Made SimpleBelieve it or not, 150 years ago the average male only lived to age 65 and most worked until they died, so the idea of retirement is still a relatively new concept. Donna and Nathan discuss this and other retirement revelations outlined in Ben Carlson’s book, “Everything’s You Need to Know About Retirement”. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/14/2025; Original Air Date: 9/28/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-04-1741 minDon Sowa's MoneyTalkTariff Uncertainty SpreadsThe rollercoaster ride for the markets continued on Thursday April 10th, erasing much of the prior dayâs gains as investors respond to the unpredictable news on tariffs. Donna and Nathan discuss who is footing the bill for these tariffs, and how it is impacting the bond market. Also on MoneyTalk, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/10/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-04-1441 minDon Sowa's MoneyTalkWhere Do We Go From Here?It’s been a dramatic week for stocks, and we’re seeing a broad range of reactions from investors, ranging from intense trepidation to enthusiasm for the potential to buy great companies at a steep discount. Donna and Nathan discuss the importance of maintaining a balanced perspective during times of market turmoil, and how the economy may be reshaped once the dust settles. Also on MoneyTalk, protecting your interests through savvy estate planning, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/8/2025. Have a question for the hosts? Visit sowafina...
2025-04-1042 minDon Sowa's MoneyTalkMarkets RespondOn April 7th, markets saw one of the most volatile days in recent memory due to the Presidentâs tariff announcements, and investors are preparing themselves for what promises to be a period of vast uncertainty. Donna and Nathan discuss the potential for economic destabilization, and how to navigate this moment as an investor. Also on MoneyTalk, taking a strategic approach to RMD planning. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/7/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-04-0941 minDon Sowa's MoneyTalkPlaying Offense in the Insurance GameWhen dealing with insurance companies it can often feel the chips are stacked against you, and itâs the insurance adjusterâs job to even the scales. Nathan welcomes Andy Gurczak, Founder and CEO of Allcity Adjusting, back to the show to discuss state property insurance laws, mistakes people make during the claims process, and strategies used by public adjusters to ensure customers get a fair settlement. Host: Nathan Beauvais CFP®, CIMA®; Guest: Andy Gurczak; Air Date: 4/4/2025; Original Air Date: 2/28/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privac...
2025-04-0842 minDon Sowa's MoneyTalkFinding the Upside in a Down MarketThe stock market has been hit hard over recent days, and although it may be hard to think positively while your portfolio is feeling the pain, this is one of those buy low moments where resilient investors see opportunity. Donna and Nathan explain how to find the silver lining in a down market through dollar cost averaging and smart portfolio rebalancing. Also on MoneyTalk, circumstances where it makes sense to file married filing separately, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/3/2025. Have a question for the hosts? Visi...
2025-04-0741 minDon Sowa's MoneyTalkCharitable Remainder TrustsThere are certain financial vehicles for charitable giving, and others for generational investing, but on todayâs episode we cover two unique hybrid products that are designed to achieve both. Nathan and Steve discuss the features and benefits of Charitable Remainder and Charitable Lead Trusts. Also, our MoneyTalk Moment in Financial History takes us from Ponzi to Madoff to track the history of the Ponzi scheme. Hosts: Nathan Beauvais CFP®, CIMA® & Steven Beauvais; Air Date: 4/2/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-04-0441 minDon Sowa's MoneyTalkThe Benefits of Charitable GivingIf altruism is in your heart, charitable giving can be vastly rewarding not only for the knowledge that youâve helped those in need, but also for the tax benefits. Donna and Nathan explain different ways taxpayers can put some of their hard earned income to work for a good cause rather than lining Uncle Samâs pockets. Also on MoneyTalk, deciding what tools to use to protect your assets, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 4/1/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join th...
2025-04-0342 minDon Sowa's MoneyTalk401K Participation Gets a BoostHalf of private sector workers are now contributing to a 401K, showing a much needed head of steam for plan participation at a time when the retirement savings gap poses a major threat to future retirees. Donna and Nathan discuss how new 401K plan features are making it simpler and more attractive for workers to save for retirement. Also on MoneyTalk, should state income tax be a factor when deciding where to live? Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 3/31/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See...
2025-04-0241 minDon Sowa's MoneyTalkHow to Retire HappyWhen we plan for retirement, we tend to spend the majority of our time thinking about money, but research shows that there is much more to a happy retirement than dollars and cents. Nathan interviews Morningstar columnist Christine Benz, author of âHow to Retire: 20 Lessons for a Happy, Successful and Wealthy Retirementâ, to discuss perspectives from thought leaders on what contributes to a truly successful retirement. Host: Nathan Beauvais, CFP®, CIMA®; Special Guest: Christine Benz, Morningstar; Air Date: 3/28/2025; Original Air Date: 11/1/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for pr...
2025-04-0142 minDon Sowa's MoneyTalkThe Big ThreeYou likely have heard of the three primary US stock indices, the Dow Jones Industrial Average, the S&P500 and the Nasdaq, but many people don’t have a clear understanding of which they should be following, and when. Nathan discusses the differences between the Big Three, and why each one is uniquely important to the overall market. Also, on our MoneyTalk Moment in Financial History, Nathan and Daniel tell the story of how Clarence Saunders, founder of the Piggly Wiggly grocery chain, attempted to corner the stock market in the early 1900s. Host: Nathan Beauvais CFP®, CIMA®; Guest: Daniel Sowa...
2025-03-2842 minDon Sowa's MoneyTalkThe Private Equity BoomPrivate companies make up nearly 87% of American industry, and the Private Equity market, which provides the public with access to this space, has exploded in size and influence. Donna and Nathan explain the drivers behind this fundamental shift, and what it tells us about the state of the economy. Also on MoneyTalk, different types of tax free income, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 3/25/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.
2025-03-2742 minDon Sowa's MoneyTalkBuilding a BudgetBudgeting is among the most vanilla financial topics we discussed on the show, but when you think about its benefits, such as being able to spend guilt free, to plan for large expenses, and to replenish your emergency fund, following a budget can be a liberating experience that brings you closer to achieving your financial goals. Donna and Nathan discuss the process of creating a budget for individuals at all income levels. Also on MoneyTalk, planning for risks you don't expect, and how different types of income are taxed. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®;  Air Date...
2025-03-2539 min
Tout LouieFaites des gosses - Les conseils de lecture de Clémentine BeauvaisDécouvrez les conseils de lecture de Clémentine Beauvais, spécialiste de la littérature jeunesse, que vous entendez dans l’épisode « Comment apprendre le plaisir de lire aux enfants ». Les ouvrages cités par Clémentine Beauvais : Le prince de Motordu de Pef (Gallimard jeunesse) Je t’attends de Corinne Dreyfus (Éditions Thierry Magnier)La vérité sur l’affaire des 3 petits cochons de Jon Scieska et Lane Smith (Nathan)Ne laissez pas le pigeon conduire le bus ! de Mo Willems (L'école des loisirs) Hébergé par Acast. Visitez acast.com/privacy pour plus d'i
2025-02-2603 minFaites des gossesLes conseils de lecture de Clémentine BeauvaisDécouvrez les conseils de lecture de Clémentine Beauvais, spécialiste de la littérature jeunesse, que vous entendez dans l’épisode « Comment apprendre le plaisir de lire aux enfants ». Les ouvrages cités par Clémentine Beauvais : Le prince de Motordu de Pef (Gallimard jeunesse) Je t’attends de Corinne Dreyfus (Éditions Thierry Magnier)La vérité sur l’affaire des 3 petits cochons de Jon Scieska et Lane Smith (Nathan)Ne laissez pas le pigeon conduire le bus ! de Mo Willems (L'école des loisirs) Hébergé par Acast. Visitez acast.com/privacy pour plus d'i
2025-02-2603 min
Financial ContextHistory: Henry FordThe automobile itself was somewhat like a Trojan Horse. The business practices and consumption culture that was ushered in at the beginning of the 20th century would come to be known as Fordism. In this episode Nate & Dan discuss the life and legacy of Henry Ford, how he revolutionized manufacturing and how he created a brand new "want" among consumers.
2024-12-0133 min
Financial ContextHistory: The British East India CompanyWhen rumors of untold riches in the East Indies started swirling around London's merchant class in the late 16th century, a corporation was soon formed to take advantage. Over the next 2 centuries this relatively small group would go on to be one of the world's first global empires. And while the British East India Company raised the standards of living back home, the same could not be said for India. In this podcast Nate & Dan discuss the first ever "mega-cap" stock.
2024-11-0128 min
Financial ContextHistory: Black Friday 1869 - Part 2Nate & Dan finish the story of the original Black Friday and how Jay Gould and Jim Fisk were able to arrange the New York legislature to award them instead of their rivals.
2024-10-0121 min
Financial ContextHistory: Black Friday 1869 - Part 1In September of 1869 some of the country's wealthiest people fought over gold. The bulls were led by Jay Gould and Jim Fisk while the bears were organized by Jay Cooke and James Brown. The sitting US president Ulysses Grant was also involved. The story takes place during the Gilded Aged and is a prime example of the corruption and wealth that was on display during the post-Civil War period.
2024-09-0121 min
Financial ContextHistory: South Sea BubbleIn 1720 the British public were one of the first peoples to experience mass market manipulation. In this month's episode Nate & Dan discuss the story of the South Sea company which was granted a monopoly to trade in the new world by the British government. What ensued was a classic financial bubble.
2024-08-0126 min
Financial ContextHistory: 20th Centry RailroadsIn this episode Nate and Dan are joined by Dave Blazejewski to discuss the bankruptcy of Penn Station (the largest ever at the time) and why passenger rail transport all but disappeared from corporate America during the second half of the 20th century.
2024-07-0123 min
Financial ContextHistory: Northern Pacific RailwayNate & Dan continue discuss the history of railroads in America. In the month's episode, they talk about the story of the second transcontinental railroad which essential bankrupted one of the country's richest men, Jay Cooke.
2024-06-0122 min
Financial ContextHistory: Transcontinental RailroadIn this month's episode, Nate and Dan recall one of the most corrupt events in American history. At the time it was started, no one believed that the Transcontinental Railroad would be profitable. The federal government had to put up the cash for the project initially. And when the government sponsors such a huge project, the cash starts flowing - and many times in unintended directions.
2024-05-0120 min
Financial ContextHistory: The Erie WarIn 1868 two of the country's most powerful and wealthiest men battled it out for control of the Erie Railway. Cornelius Vanderbilt and Daniel Drew were the epitome of "frenemies". They were also not shy about bribing lawmakers and the politicians were happy to take their cash.
2024-04-0118 min
Financial ContextHistory: The Gold Standard Part 2In part two of this conversation Nate and Dan talk about how the gold standard in the US began to wane beginning with Great Depression and ending when President Nixon official cut the link.
2024-03-0114 min
Financial ContextHistory: The Gold Standard Part 1Today's monetary systems is nothing like the past. In this month FC podcast, Nate and Dan examine the very long transition from a gold standard to a fiat currency in US. In part one, the guys talk about how the gold standard functioned in the time period before the Great Depression.
2024-02-0118 min
Financial ContextHistory: Iranian Revolution Part 2After the clergy took control of Iran in 1979, chaos ensued throughout global oil markets. In this month's podcast Nate and Dan pick up where they left off and discuss how and why oil prices more than doubled in the early 1980s and the mechanism for the demand destruction the eventually brought prices back in balance.
2024-01-0114 min
Financial ContextHistory: Iranian Revolution Part 1In this month's podcast Nate and Dan discuss the revolution that had the biggest and fastest impact on the global economy. In 1979 decades of US "grooming" in Iran were undone when the clergy overthrew the Shah and took control of the country and oil fields. In part one of this episode, we discuss the history of Iran during the 1950's, 60's and early 70's, the prelude to revolution.
2023-12-0115 min
Financial ContextHistory: French RevolutionNate and Dan keep the revolution streak going this month by retelling one of the most importnat and impactful stories in modern history.
2023-11-0824 min
Financial ContextHistory: Russian RevolutionIn this month's episode, Nate & Dan examine one of the most important events of the 20th century through the lense of economics.
2023-10-0224 min
Financial ContextHistory: Warren BuffettHe's considered one of the greatest investors of all time. In this month's episode Nate & Dan tell the ironic story of how Warren Buffett came to own Berkshire Hataway.
2023-09-0119 min
Financial ContextHistory: The Panic of 1907The Panic of 1907 was a financial crisis in the United States marked by a stock market crash and a run on banks. Triggered by the collapse of a major trust company, it led to widespread panic and financial instability. J.P. Morgan intervened to restore confidence, establishing the precedent for future government intervention in financial crises.
2023-08-0118 min
Financial ContextHistory: The Steam Engine and the First US Monopoly.In 1824 a landmark case heard by the SCOTUS settled an early dispute in the US about the power individual states had to regulate commerce. In this month's podcast, Nate and Dan tell the story of how a monopoly in the Hudson River started out as a great idea but quickly became unpopular.
2023-07-0116 min
Financial ContextHistory: Alexander HamiltonHe is considered the father of the nation's financial system. In this month's episode Nate & Dan discuss the first US Treasurer Alexander Hamilton, his policies and why he created a lot of enemies while in office.
2023-06-0117 min
Financial ContextHistory: The New DealIt wasn't so much the Great Depression that changed America but United States Government's response to it that help shaped the future. In this month's episode Nate & Dan discuss FDR's policies and just how game-changing they were.
2023-05-0117 min
Financial ContextHistory: The Great DepressionWhile the effects of the Great Depression are well known, the causes are a lot more confusing. Broad or simple explanations say less about the event and more about the person speaking. In this month's show Nate & Dan attempt to explain what actually happened nearly 100 years ago.
2023-04-0117 min
Financial ContextHistory: Ponzi & MadoffIn this month's show Nate & Dan discuss the most infamous swindler in financial history: Bernie Madoff. They also talk about the original con artist, Charles Ponzi.
2023-03-0119 min
Financial ContextHistory: The Fall of Standard OilIn part 2 of this episode Nate and Dan discuss how the John Rockefeller's oil juggernaut came under attack not by competitors but by the public and politicians.
2023-02-0116 min
Financial ContextHistory: The Rise of Standard OilThe first truly global corporation began to take shape in the 1970's when the Standard Oil trust was formed. It would eventually control close to 90% of American oil refining. In this month's episode of Financial Context, Nate and Dan talk about how John Rockefeller and co. supplied kerosene for a nation before the advent of electricity and the somewhat suspect business practices they used along the way.
2023-01-0119 min
Financial ContextHistory: The Birth of the Oil IndustryOnly about a decade after the California Gold rush another speculative boom occurred in the US. This time the epicenter would be in western Pennsylvania as the first oil wells were first successfully drilled for.
2022-12-0116 min
Financial ContextHistory: California Gold RushAfter the Great Depression and the Civil War, no event transformed the United States quite like the California Gold Rush. It ushered in a time of economic, geographical and cultural expansion. In this episode we revisit an event that most children learn about in school.
2022-11-0125 min
Financial ContextHistory: MaydayFor more than 150 years the "beacon of free markets", the New York Stock Exchange operated as a cartel and fixed prices that its members could charge. Only in 1975 under the pressure from the Department of Justice and the Securities Exchange Commission did the "Big Board" eventually change its fixed commission regime.
2022-10-0120 min
Financial ContextHistory: Chuck SchwabIn the 1970's Chuck Schwab founded what would become the third largest asset manager in the world. But like any business, when it started it relied on perseverance and luck.
2022-09-0128 min
Financial ContextHistory: Ivar KreugarWarren Buffet once said it is only when the tide goes out that you see whos been swimming naked. When the proverbial tide did go out on the economy and stock market in 1929 a mysterious man from Scandinavia definitely won the prize as the most naked swimmer.
2022-08-0424 min
Financial ContextHistory: Origins of CapitalismCapitalism didn't invent the marketplace. At some point in history governments started to protect the rights of individuals participating in that marketplace and that was really the birth of capitalism. In this episode we explore the events that lead to Adam Smith's famous economic manifesto "The Wealth of Nations" and how the global economy went from being a static, zero-sum-game to an one base on growth. Books referenced: Sapiens by Yuval Noah Harai
2022-07-0127 min
Financial ContextHistory: Mark Twain & Bad InvestmentsMost people know Mark Twain as the prolific writer that he was. What most don't know is that he was also one of the worst investors whos life shows that making money and managing it are often two totally different things.
2022-06-0117 min
Financial ContextHistory: The Birth of Financial AdsCharlie Merrill was one of the few people sounding the alarm about the stock market in 1929. After spending the Great Depression out of the securities business, he came back to Merrill Lynch in the 1940's with a whole new approach towards the industry: marketing directly to small investors.
2022-05-0117 min
Financial ContextHistory: BankAmericardIn September of 1958 Bank of America mailed 60,000 fully functional credit cards to residents in Fresno, California. While the consumer credit card is ubiquitous today, at that time it was met with resistance and was anything by profitable for the bank at first.
2022-04-0120 min
Financial ContextHistory: John Pierpont MorganBefore there was the Federal Reserve there was JP Morgan. Born in 1837, he would become the United State's most powerful banker. From organizing the first billion dollar company to bailing out the federal government, his business management techniques were unprecedented and would be used by future robber barons a century later. Books discussed: The House of Morgan by Ron Chernow
2022-03-0127 minFinancial ContextHistory: The NASDAQBefore Bernie Madoff was the infamous scoundrel he is today, he was a market maker in over-the-counter stocks and was pivotal in the creation of the NASDAQ stock exchange. Today the NASDAQ is a proxy for technology stocks. In this podcast we explore why that is.
2022-02-0119 min
Financial ContextEpisode 1: History: Piggly WigglyIn the early 1920's a southern man attempted to take on Wall St by cornering the market for the stock of a company he created. What ensued was one pf the best lesson you can learn when gambling; the house always wins.
2021-12-0824 min
La Bouquinerie JeunesseLa bouquinerie jeunesse - Clémentine BeauvaisPour ce premier numéro de la saison, nous recevons Clémentine Beauvais. L'autrice vient discuter (et pas mal rire) avec nous de Brexit Romance, son roman qui vient de paraître chez Sarbacane.
Au programme également : Nathan nous présente une autre reine des neiges : La reine du nord de Joana Estrala aux Editions Notari ;
Christelle chronique un livre qui n'est ni jeunesse, ni un roman (mais on la pardonne parce qu'il vaut le coup) : Dialogue avec les nuages de Alice Baude aux éditions Racaille.
Léa nous parle d'une BD muette : Un océan d’amour de Lupano et Panaccio...
2018-10-1100 min