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Thoughts On Money [TOM]Write Off the Sunset: Planning Around the OBBBAThis week's blogpost - https://bahnsen.co/4m3JlJo
Navigating the New Tax Landscape with Matt Gregory
In this episode of the Thoughts and Money Podcast, host Trevor Cummings welcomes Matt Gregory, Director of Financial Planning at The Bahnsen Group, for his first appearance on the show. They explore the details and implications of a new tax bill—dubbed the One Big Beautiful Bill Act (O-B-B-B-A)—covering topics like charitable giving strategies, state and local tax (SALT) deductions, and Social Security taxation. The discussion also delves into above-the-line and below-the-line deductions, credits, and planning opportunities for...2025-07-2542 minThoughts On Money [TOM]T.O.E. (Thoughts On Expenses)This week's blogpost - https://bahnsen.co/44SfyfP
Mastering Your Finances: The Importance of Understanding Expenses
In this episode of the 'Thoughts On Money' podcast hosted by Trevor Cummings and his colleague Blaine Carver, the duo delve into the intricacies of managing and understanding expenses. They emphasize the importance of recognizing different types of expenses, including small, big, recurring, and one-time expenses, and introduce a new category called collateral expenses. The discussion aims to provide listeners with practical insights on how to categorize their expenses effectively, understand their spending patterns, and ultimately strengthen their financial...2025-07-1841 minThoughts On Money [TOM]Cautiously PessimisticThis week's blogpost - https://bahnsen.co/4nZl7Sv
Cautiously Pessimistic – Navigating Investment Expectations
In this episode of The Thought Somebody Podcast, host Trevor Cummings and guest Blaine Carver discuss Trevor's latest article titled 'Cautiously Pessimistic.' They explore the concept of cautious pessimism in finance, explaining how it contrasts with the common term 'cautiously optimistic' often used by financial pundits. Trevor and Blaine delve into the importance of setting reasonable investment expectations, emphasizing the significance of understanding the purpose of investment funds and developing grounded, historically-informed perspectives. They also caution against misplaced optimism and th...2025-07-1150 minThoughts On Money [TOM]Why You Need to Understand DurationThis week's blogpost - https://bahnsen.co/4l4j6C2
Understanding Duration: Impact on Bond Investment Strategies
In this episode of the Thoughts on Money Podcast, Trevor Cummings and Blaine Carver delve into the concept of duration and its significance in bond investments. They discuss how duration affects bond prices in response to changes in interest rates and offer practical examples to illustrate. Additionally, they reflect on the different investment scenarios and strategies during 2020 and 2025, emphasizing the importance of adjusting investment strategies based on current interest rates and valuations. With insights on balancing risk and...2025-06-1338 minThoughts On Money [TOM]Overwhelmed By OptionsThis week's blogpost - https://bahnsen.co/4kPiJLp
Understanding Options: Income Strategies and Market Mitigation
In this episode of the Thoughts and Money Podcast, hosts Trevor Cummings and Blaine Carver tackle the complex topics of investing in options, specifically covered calls and buying puts. Titled 'Overwhelmed by Options,' the discussion aims to shed light on these intricate investment strategies, explaining how they work, their potential benefits, and the significant downsides. Using analogies and examples, they stress the importance of understanding the long-term impact of these strategies on portfolio returns. Trevor and Blaine debunk some...2025-06-0635 minThoughts On Money [TOM]Unforced ErrorsThis week's blogpost - https://bahnsen.co/4dKakXs
Avoiding Unforced Errors in Your Financial Plan
In this episode of the Thoughts on Money Podcast, hosts Trevor Cummings and Blaine Carver discuss the importance of avoiding unforced errors in various aspects of financial planning. The conversation delves into common mistakes such as concentrated stock positions, market timing, overlooked tax planning opportunities, and inefficient estate planning. The hosts emphasize the need for patience, proper insurance coverage, and the wisdom of consulting expert advisors. They conclude by stressing the significance of understanding one’s financial behavior to mitigate ri...2025-05-3047 minThoughts On Money [TOM]Compounding GrowthThis week's blogpost - https://bahnsen.co/43FUXf8
The Power of Compounding Growth: Basics, Beliefs, and Strategies
In this episode of the Thoughts on Money Podcast (TOM), host Trevor Cummings and guest Blaine Carver discuss the importance and impact of compounding growth. Trevor shares insights from his recent article titled 'Compounding Growth,' inspired by real-life client interactions and the common disbelief about the power of compounding. They elaborate on the concept through various examples and parables, including the famous rice and chessboard story and the 'Would You Rather' riddle. The episode also emphasizes the...2025-05-2338 minThoughts On Money [TOM]Nobody Knows EverythingThis week's blogpost - https://bahnsen.co/43vNFui
Nobody Knows Everything: Navigating Financial Expertise and Collaboration
In this episode of the Thoughts of Money Podcast, hosts Trevor Cummings and Blaine Carver delve into Trevor's recent blog article titled 'Nobody Knows Everything.' The discussion revolves around the importance of acknowledging the limits of one's knowledge and leveraging expertise through collaboration, particularly in the context of financial planning. They touch on topics such as the transition from the Information Age to the Curation Age, the division of labor, and the use of subject matter experts. They...2025-05-1637 minThoughts On Money [TOM]Surplus, Steady, and Sinking – Three Types of RetirementThis week's blogpost - https://bahnsen.co/4keLRM3
In this episode of the Thoughts and Money Podcast ('Tom'), host Trevor Cummings and co-host Blaine Carver break down financial planning into three distinctive categories: surplus, steady, and sinking. They discuss how most Americans fit into these categories based on their spending and saving habits. The conversation covers the pros and cons of each financial trajectory, the psychological impacts, and the importance of understanding one's financial status for better planning. Listeners are encouraged to diagnose their financial category with their advisor and explore the risks and opportunities associated with...2025-05-0936 minThoughts On Money [TOM]Why Dividend Growth?This week's blogpost - https://bahnsen.co/3YWQUs6
The Case for Dividend Growth: Insights from the Thoughts and Money Podcast
In this episode of the Thoughts and Money Podcast, host Trevor Cummings and colleague Blaine Carver delve into the subject of dividend growth investing. They discuss common questions from clients about why more people don't adopt dividend growth strategies and how these strategies differ from others touted as the best. Trevor shares his personal journey of becoming a dividend growth advocate, emphasizing the importance of 'eating your own cooking'—investing in the same strategies recommended to...2025-05-0238 minThoughts On Money [TOM]Surviving These MarketsThis week's blogpost - https://bahnsen.co/4jqFLrZ
Thriving Amid Market Volatility: Insights and Strategies
In this episode of the Thoughts and Money Podcast (Tom), host Trevor Cummings and guest Blaine Carver discuss strategies for navigating challenging market conditions. They reflect on the importance of empathy, encouragement, and truth in guiding clients through market downturns. Trevor recounts his recent trip to Dallas amidst stormy weather and both delve into the impacts of high-frequency trading and headline-induced anxiety. They emphasize the significance of staying invested despite fluctuations and stress the necessity of maintaining a strong advisor-client...2025-04-2526 minThoughts On Money [TOM]Go-Go, Slow-Go, and No-Go YearsThis week's blogpost - https://bahnsen.co/4lCcyvy
The Stages of Retirement: Strategies for Go-Go, Slow-Go, and No-Go Years
In this episode of the Thoughts on Money Podcast, host Trevor Cummings and guest Blaine Carver discuss financial planning for retirement, breaking it down into the 'go-go,' 'slow-go,' and 'no-go' years. They explore how spending patterns and needs change throughout each phase and stress the importance of flexibility in financial planning. Topics covered include the spending smile, asset allocation, social security strategies, and the significance of tax optimization. The episode emphasizes personalized planning and...2025-04-1831 minThoughts On Money [TOM]For Simplicity’s SakeThis week's blogpost - https://bahnsen.co/4l9W0e1
The Power of Simplicity in Financial Planning
In this episode of the Thoughts on Money Podcast, hosts Trevor Cummings and Blaine Carver discuss the principle of keeping financial strategies simple, centered around the concept of Occam's Razor. They contrast this with the overly complex methods similar to Rube Goldberg's inventions and stress the importance of embracing simplicity in investing. Key areas covered include the problems with market timing, the benefits of dividend growth investing, the importance of understanding one's investment strategy, and the necessity of...2025-04-0429 minThoughts On Money [TOM]The Prodigal SonThis week's blogpost - https://bahnsen.co/4hTqXjQ
Practical Financial Advice: Preparing Your Heirs for Wealth
In this episode of the Thoughts on Money Podcast, hosts Trevor Cummings and Blaine Carver discuss the importance of practical application in personal finance. They emphasize the difference between theoretical finance and practical advice, particularly when it comes to managing windfalls and preparing heirs for inheritance. Using examples like the Parable of the Prodigal Son and real-life cases of lottery winners and athletes, Trevor and Blaine highlight the dangers of unmanaged windfalls. They delve into practical strategies for gifting...2025-03-2833 minThoughts On Money [TOM]Mind the GapThis week's blogpost - https://bahnsen.co/41LZ33h
Mind the Gap: Navigating Investor Psychology and Financial Planning
In this episode of the 'Thoughts of Money' podcast, host Trevor Cummings is joined by Blaine Carver to discuss the concept of 'Mind the Gap' in financial planning. They explore how understanding the gap between asset growth and expenses is crucial for long-term financial health. The conversation covers the importance of withdrawal rates, the limitations of traditional financial advice, and the benefits of expense-based planning. The hosts also emphasize the need for safety nets and a well-diversified...2025-03-2126 minThoughts On Money [TOM]Taking Inventory of Your CashThis week's blogpost - https://bahnsen.co/4iNZBwe
Taking Inventory of Your Cash: Balancing Security and Growth
In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings delves into the concept of taking inventory of your cash. Discussing the 'squirrel principle' and the psychology behind holding large amounts of cash, Trevor explores the pros and cons of cash in managing near-term and emergency expenses versus its long-term disadvantages in the fight against inflation. He offers practical advice on creating a layered strategy for cash allocation, balancing immediate liquidity, and long-term financial security...2025-03-1421 minThoughts On Money [TOM]Answering Your Questions - Part 4This week's blogpost - https://bahnsen.co/4iaAOD0
Financial Wisdom, Tools, and Advice: Answering Your Questions
In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings, joined by guest Darren Lightfoot, wraps up the mini-series on answering listener questions. They dive deep into topics like financial book recommendations for youth, the importance of behavioral finance foundations from sources like Proverbs and modern literature, and share their most crucial pieces of financial advice for young people. They also discuss budgeting tools and the importance of tracking spending for financial awareness, mentioning various tools...2025-03-0726 minThoughts On Money [TOM]Answering Your Questions - Part 3This week's blogpost - https://bahnsen.co/3XjyQYt
Exploring Taxes and Principal Withdrawal in Retirement: Listener Questions Answered
In this episode of the Thoughts of Money podcast, hosts Trevor Cummings and Blaine Carver delve into listener questions about managing taxes and withdrawing principal in retirement. The discussion touches on common tax misconceptions, the impact of interest rates on tax bills, and strategies for achieving tax efficiency. They also explore the psychological and practical considerations of withdrawing dividends and interest versus dipping into principal, urging listeners to balance financial prudence with enjoying life. The hosts emphasize...2025-02-2826 minThoughts On Money [TOM]Answering Your Questions - Part 2This week's blogpost - https://bahnsen.co/3QACWaF
Thoughts on Money: The Benefits of Giving and Investment Strategies
In this episode of the Thoughts on Money podcast, Trevor Cummings and co-host Blaine delve into several thought-provoking financial topics. They discuss the advantages of giving wealth during one's lifetime versus bequeathing it after death, highlighting both qualitative and quantitative benefits. The hosts also explore the current trend of investing in U.S. Treasury bills instead of the stock market, offering insights into why it might not always be a sound strategy. Lastly, they tackle the common...2025-02-2134 minThoughts On Money [TOM]Answering Your Questions - Part 1This week's blogpost - https://bahnsen.co/3Qk01hU
Answering Your Financial Questions: Annuities, Social Security, and Roth vs. Traditional IRAs
In this episode of the Thoughts on Money Podcast, Trevor Cummings and Blaine Carver discuss various financial topics including annuities, the best time to claim Social Security benefits, and whether to fund a Roth or traditional IRA. Trevor emphasizes the importance of identifying the risks annuities mitigate, such as longevity and emotional risk. They delve into the breakeven points for claiming Social Security and the preference of positive cash flow in retirement. The conversation...2025-02-1441 minThoughts On Money [TOM]Should I Own Bonds?This week's blogpost - https://bahnsen.co/40Ph7J9
Bonds Explained: Understanding Their Role and Importance in Investment Portfolios
In this episode of the Thoughts on Money podcast, host Trevor Cummings is joined by guest and colleague Blaine Carver. They discuss bonds, distinguishing between stocks and bonds, and explaining the foundational concepts of owning and loaning money. The conversation delves into government bonds, interest rates, and their impact on personal finance. Blaine articulates the historical and economic contexts influencing bond prices, particularly during recent years, and differentiates between 'boring bonds' and 'credit.' They discuss...2025-02-0735 minThoughts On Money [TOM]Oversold & UnderservedThis week's blogpost - https://bahnsen.co/3Ekku3k
Guiding Financial Futures with Purpose: A Conversation with Josh Klooz
In this episode of the Thoughts on Money (TOM) Podcast, hosted by Trevor Cummings, special guest Josh Klooz shares his journey from serving in the military to entering the finance industry, emphasizing the importance of trust and personal connection in financial advising. They discuss the pitfalls of marketing in the financial industry, the necessity of caring for clients beyond temporary fixes, and the ongoing pursuit to enhance service offerings at The Bahnsen Group. They touch on...2025-01-3130 min
The Life Legacy PodcastFaith in Action: Transforming Challenges into Purpose | Trevor Farnes | Ep. 22In Episode 22 of The Life Legacy Podcast, we sit down with Trevor Farnes, co-founder of MTN OPS, to discuss the power of faith, perseverance, and purpose. Trevor opens up about the challenges he faced in building a company that empowers others and the values that guide his life and work. From his journey as an entrepreneur to his dedication to community service, Trevor shares profound insights on aligning personal growth with a higher calling. Whether it’s about leadership, faith, or creating positive change, Trevor’s story will inspire you to rise above challenges and live with intention.
2025-01-291h 10Thoughts On Money [TOM]Prepare for the WorstThis week's blogpost - https://bahnsen.co/3DZvaUY
Preparing for Unexpected Disasters: Financial Planning Essentials
In this episode of the Thoughts on Money podcast, host Trevor Cummings is joined by Sean Latimer to discuss the importance of financial preparedness in the wake of natural disasters, specifically focusing on the recent devastating fires in Southern California. They share personal experiences, emphasize the importance of thorough insurance reviews, maintaining an inventory of home items, and creating a comprehensive 'financial go-bag.' They also offer actionable advice on ensuring adequate replacement costs and properly documenting valuables to aid...2025-01-1722 minThoughts On Money [TOM]Simple Advice to Start out the New YearThis week's blogpost - https://bahnsen.co/40dvKFY
Consolidation Over Resolutions: Simplifying Your Finances for a Healthier Financial Future
In this New Year episode of the Thoughts on Money (TOM) podcast, host Trevor and guest Blaine Carver discuss the pitfalls of multiple financial accounts and the importance of consolidation. Through personal anecdotes and practical insights, they highlight the challenges of managing numerous banking relationships, the complications for estate planning, and the inefficiencies in financial tracking. They also touch upon the impact of sports rule changes, making metaphors to illustrate their points about financial tidiness. The...2025-01-1025 minThoughts On Money [TOM]The Heart of Financial AdviceThis week's blogpost - https://bahnsen.co/41GZwW0
The Heart of Financial Advice: Insider Insights from the Thoughts on Money Podcast
In this episode of the Thoughts on Money podcast, host Trevor Cummings is joined by Blaine Carver, author of the Thoughts on Money blog. They reflect on the year 2024 and discuss Blaine’s recent article, 'The Heart of Financial Advice.' The conversation delves into their personal journeys in the financial advice industry and the evolution of their roles from analysts to advisors emphasizing human psychology in financial planning. They also highlight the importance of...2024-12-2033 minThoughts On Money [TOM]Understanding Average ReturnsThis week's blogpost - https://bahnsen.co/3ZA5XY7
Setting Realistic Expectations in an Exceptional Market Year
In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings discusses financial expectations with his guest, Blaine Carver. They reflect on memorable personal experiences from sports events and how these relate to setting realistic expectations in investing. They emphasize the importance of understanding average returns, the atypical nature of recent market performance, and the necessity of calibrating expectations to avoid disappointment. They also stress the value of long-term investment strategies and prudent financial planning, touching...2024-12-1330 minThoughts On Money [TOM]The Official End of Year ChecklistThis week's blogpost -
End-of-Year Financial Planning with Special Guest Darren Lightfoot
In this episode of the Thoughts on Money Podcast, host Trevor Cummings welcomes special guest Darren Lightfoot to discuss end-of-year financial planning. The episode covers a range of practical topics including creating a checklist for year-end, the importance of making contributions, distributions, and donations before the year closes, and strategies for tax-efficient giving. Darren shares his personal experiences and insights from his transition from operations to the planning team at The Bahnsen Group. The conversation also delves into the importance of tracking expenses...2024-12-0629 minThoughts On Money [TOM]Future Stock Returns - RevisitedThis week's blogpost - https://bahnsen.co/4i45vK6
Strategic Moves for a High Valuation Market
In this episode of the Thoughts on Money Podcast, host Trevor Cummings joins colleagues Sean Latimer and Sean Ullrich to discuss the implications of future stock market returns predicted by a Goldman Sachs article. They revisit the topic to offer actionable advice for clients concerned about high market valuations. Key points include the importance of understanding valuations, the risks of market timing, and practical strategies like deleveraging, raising cash for future expenses, averaging new investments, and rebalancing portfolios. They...2024-11-2237 minThoughts On Money [TOM]The Secret to Financial SerenityThis week's blogpost - https://bahnsen.co/3UT2L8u
The Secret to Financial Serenity: Confidence and Strategy
Join Trevor Cummings and today's author Blaine Carver as they explore the core elements of financial confidence in this engaging episode of 'Thoughts on Money.' They discuss Blaine's latest blog article, 'The Secret to Financial Serenity,' delving into the psychology of money, the importance of financial planning, and how to manage investments. They share personal anecdotes, including Trevor's experience with his son's first steps and the impact of childhood on financial attitudes. The podcast also...2024-11-1533 minThoughts On Money [TOM]Saving on TaxesThis week's blogpost - https://bahnsen.co/3CgKBaB
Saving on Taxes: The Power and Pitfalls of Roth Conversions
In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings and guest Blaine Carver dive into strategies for saving on taxes, focusing particularly on Roth conversions. They discuss the often misunderstood benefits of converting retirement accounts into Roth IRAs, where taxes are paid upfront but future growth is tax-free. The episode explores the historical shift from pensions to 401(k) plans, the nuances of tax planning, and the concept of 'tax diversification.' Through personal...2024-11-0732 minThoughts On Money [TOM]Returns Over the Next 10 YearsThis week's blogpost - https://bahnsen.co/4f8lpS0
Predicting the Next Decade's Market Returns: An In-Depth Analysis
In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings, along with Blaine and Sean, delve into the topic of future market returns, discussing insights from a recent Goldman Sachs research paper predicting stock market returns of around 3% annually over the next 10 years. The discussion covers the implications of high valuations, potential economic catalysts, and diverging opinions within the finance community. The hosts also explore the importance of diversification and dividends as key strategies...2024-11-0133 minThoughts On Money [TOM]Can You Afford It?This week's blogpost - https://bahnsen.co/3NrWc90
Transforming Financial Mindsets: From Planning to Legacy
In this multifaceted episode of the 'Thoughts on Money' podcast, hosts Trevor Cummings and Blaine Carver delve into various aspects of financial decision-making and planning. They discuss Trevor's blog article 'Can You Afford It?' and debate the merits of financial stretching in contexts like real estate and insurance, taking into account different life stages. The conversation reframes the question 'Can I afford it?' to 'Should I afford it?' and explores the saver-spender paradigm. The hosts introduce 'dreamstorming...2024-10-1837 minThoughts On Money [TOM]Don't Believe the LiesThis week's blogpost - https://bahnsen.co/4h3n4cK
Navigating Half Truths in Finance and Life
In this episode of the Thoughts on Money Podcast, host Trevor Cummings, along with co-host Sean Latimer, discusses the complexities of handling half truths in financial decisions and personal life. The conversation navigates through the challenges Trevor faced preparing sermons, particularly on the tough topic of unforgiveness, drawing parallels to financial advisory. They explore how misleading half truths can be detrimental, especially concerning investment terminologies like 'growth' and 'value' stocks, and the common misperceptions regarding political impacts on...2024-10-1135 minThoughts On Money [TOM]The Line and The Circle – Spending in RetirementThis week's blogpost - https://bahnsen.co/4ePs5nr
Reprogramming Financial Mindsets: From Earning to Spending
This episode of the 'Thoughts on Money' podcast features Blaine Carver, Sean Latimer, and Trevor discussing the need to reprogram financial mindsets, particularly as one transitions from earning a steady income to spending in retirement. The conversation highlights common misconceptions, such as the belief in maintaining lifelong spending habits, the influence of personal anecdotes related to sports, and the challenges faced in advising clients to spend more versus saving excessively. The hosts discuss creating robust financial plans that go...2024-10-0431 minThoughts On Money [TOM]Eating ElephantsThis week's blogpost - https://bahnsen.co/4gJS8OT
Navigating Big Decisions: Frameworks for Financial Planning
In this episode of the Thoughts on Money podcast, host Trevor Cummings, along with Sean Latimer and Blaine Carver, discusses strategies for tackling big life decisions and financial planning. They explore the concept of breaking down overwhelming tasks into manageable steps, using a humorous anecdote about choosing schools for their children and buying a conversion van. The conversation delves into the importance of having a decision-making framework, the paradox of choice, and the key pillars of selecting a financial...2024-09-2741 minThoughts On Money [TOM]You've Got to Be Kidding MeThis week's blogpost - https://bahnsen.co/3Xw16Gr
Navigating Financial Media Hype and Sensationalism
In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings, along with Sean Latimer and Blaine Carver, delve into the impact of sensationalism in financial media. They discuss a particular article titled 'You've Got to be Kidding Me,' examining why sensational headlines attract more reader engagement. The conversation covers topics such as market volatility, the unpredictability of stock movements, and the dangers of reacting to short-term market trends. They also emphasize the importance of long-term investing...2024-09-2035 minThoughts On Money [TOM]Dollar-Cost-AveragingThis week's blogpost - https://bahnsen.co/4d9Z1FY
Mastering Dollar Cost Averaging: Soccer Strategies for Smarter Investments
In this episode of the Thoughts on Money Podcast, hosts Trevor Cummings and Blaine Carver discuss the importance of dollar cost averaging (DCA) as an investment strategy. Blaine shares an engaging analogy comparing DCA to soccer strategies, specifically the buildup approach and counterattack method, which helps simplify the concept for listeners. The conversation covers the benefits of DCA, addressing market volatility, and how it can help hesitant investors commit to a systematic investment process. The episode...2024-09-1333 minThoughts On Money [TOM]What To Expect When You're ExpectingThis week's blogpost - https://bahnsen.co/47bXUEB
The Power of Expectations in Life, Finance, and Happiness
In this episode of the Thoughts on Money (Tom) podcast, hosted by Trevor Cummings with guests Blaine Carver and Sean Latimer, the focus is on Trevor's article titled 'What to Expect When You're Expecting.' The discussion explores the impact of expectations on various aspects of life, including relationships, happiness, and investments. They delve into how expectations can shape experiences, using examples from personal anecdotes and the stock market. The conversation also touches on the importance of understanding...2024-09-0629 minThoughts On Money [TOM]Playing with House MoneyThis week's blogpost - https://bahnsen.co/3Z6Nowf
Understanding the Power of Compounding and Legacy Planning
In this episode of the Thoughts of Money (TOM) podcast, hosts Trevor Cummings and Blaine Carver discuss the concept of 'playing with house money' and how it relates to investing and compounding interest. They explain the importance of understanding compounding returns, providing visual analogies like a rolling basketball or snowball to illustrate the accelerating growth over time. The episode also delves into legacy planning, stressing the need for intentional decisions about how accumulated wealth will be used or...2024-08-3025 minThoughts On Money [TOM]Financial MilestonesThis week's blogpost - https://bahnsen.co/3MidbtW
Navigating Financial Milestones: From Youth to Golden Years
In this episode of the Thoughts on Money Podcast, host Trevor Cummings and guests Blaine Carver and Sean Latimer discuss Blaine's article on financial milestones. The group humorously reflects on age-specific privileges and responsibilities that influence financial decisions. Covering milestones from childhood to retirement, they delve into the importance of starting investment accounts for minors, the benefits of different savings strategies, the significance of life and disability insurance, and tax planning. They also explore Roth conversions, estate planning, and...2024-08-2344 minThoughts On Money [TOM]Opportunity CostsThis week's blogpost - https://bahnsen.co/3M8Yj0S
T-Bill and Chill vs. Market Returns: A Game Film Analysis
In this episode of the Thoughts on Money Podcast, the hosts Trevor Cummings, Sean Latimer, and Blaine Carver discuss the 'T Bill and Chill' investment strategy and its opportunity costs over the past two years compared to the stock market's performance. They draw parallels between reviewing investment game film and analyzing critical decisions in NFL football, notably the Seattle Seahawks' controversial play in the 2015 Super Bowl. The hosts argue for having a structured investment framework...2024-08-1635 minThoughts On Money [TOM]Personal Finance 101This week's blogpost - https://bahnsen.co/3YzxRos
Personal Finance 101: Building a Strong Financial Framework
In this episode of the Thoughts on Money podcast, host Trevor Cummings and co-host Blaine Carver dive into the basics of personal finance. The discussion centers around simplifying financial concepts and creating a solid framework for managing money, covering topics such as giving, saving, spending, and planning for the future. Trevor shares practical advice, anecdotes, and book recommendations to help listeners navigate their financial journeys. The episode emphasizes the importance of awareness, setting achievable goals, and considering long-term legacy planning.2024-08-0939 minThoughts On Money [TOM]Next to GodlinessThis week's blogpost - https://bahnsen.co/46y1Y1F
Cleanliness in Finances: The Secret to a Tidy Portfolio
In this episode of the Thoughts on Money Podcast, hosts Trevor Cummings and Sean Latimer discuss the importance of cleanliness and organization, both in day-to-day life and financial portfolios. They share personal stories and insights on chores and parenting, discussing how these lessons apply to maintaining a clean and efficient investment strategy. The episode emphasizes avoiding 'trinkets' in portfolios, the false sense of diversification, and ensuring every investment has a purpose. Tune in for a blend...2024-08-0228 minThoughts On Money [TOM]Who's the Boss?This week's blogpost - https://bahnsen.co/3Yf7XGt
Who's the Boss: Mastering Self-Control in Life and Investing
In this episode of the Thoughts on Money podcast, hosted by Trevor Cummings along with Sean Latimer and Blaine Carver, the trio dives into the importance of self-control and awareness in various aspects of life, including dieting, parenting, and investing. They explore how external influences like cravings, emotions, and even hunger can impact decision-making. Drawing from personal anecdotes and references to popular culture, including Batman and the fable of Hansel and Gretel, the hosts stress the significance...2024-07-2630 minThoughts On Money [TOM]Knowledge is PowerThis week's blogpost - https://bahnsen.co/3S8texp
Power of Great Teachers: Insights from the Thoughts on Money Podcast
In this episode of the Thoughts on Money (Tom) podcast, hosted by Trevor Cummings, along with Sean Latimer and Blaine Carver, they explore the crucial role of great teachers in personal and financial life. The discussion centers around distinguishing great teachers from ordinary ones and stresses the importance of having influential mentors. The episode also touches on the attributes of effective teachers, such as conviction, flexibility, curiosity, and the ability to simplify complex ideas. The...2024-07-1936 minThoughts On Money [TOM]A Feature, Not a BugThis week's blogpost - https://bahnsen.co/3zpcXxW
Embracing Volatility: Lessons from Nature and Investing
In this episode of the Thoughts on Money Podcast, host Trevor Cummings, alongside colleagues Sean Latimer and Blaine Carver, discusses the concept of volatility in both nature and financial markets. Trevor shares personal stories about observing butterflies in his backyard and ties these experiences to investment strategies, emphasizing the importance of enduring market volatility to achieve long-term gains. The discussion also touches on the necessity of having a plan and safety nets in place to handle unforeseen circumstances. Listeners are...2024-06-2830 minThoughts On Money [TOM]Who's On Your Team?This week's blogpost - https://bahnsen.co/3KS7Ng9
Financial Advice: Owner vs. Coach
In this episode of the Thoughts of Money podcast, host Trevor Cummings is joined by colleague Josh Klooz. They discuss the complexities of managing personal finances, emphasizing the importance of collaboration, integration, and trust between clients and advisors. Through analogies from football to cooking, they explore the roles of clients as either owners or coaches in their financial lives and the need for professional guidance. The episode covers topics like financial planning, the importance of customized advice, and how best to...2024-06-2133 minThoughts On Money [TOM]What Goes Up Must Come Down?This week's blogpost - https://bahnsen.co/4b4UxiQ
Navigating Home Affordability: Practical Insights
In this episode of the Thoughts on Money podcast, Trevor Cummings, joined by Blaine Carver, explores the current challenges of home affordability, discussing the impact of rising real estate prices and mortgage rates. They provide insights into why today's housing market is less affordable compared to previous decades, emphasizing the importance of considering financial ratios, such as home price-to-income. The conversation also delves into social pressures around home ownership and offers practical advice, including the significance of patience in financial decisions...2024-06-1444 minThoughts On Money [TOM]The PlaytpusThis week's blogpost - https://bahnsen.co/3x5Xemm
The Platypus Parallel: Unmasking Investor Behavior
In this episode of the Thoughts on Money (TOM) podcast, host Trevor Cummings and his cohost Sean Latimer delve into the latest blog post that draws unexpected parallels between a zoo visit and investing. They discuss fun facts about animals from Trevor's family's frequent zoo visits and Wild Kratts adventures. The conversation transitions into a deeper exploration of black swan events in the market, the importance of not overreacting to such events, and the lack of a concrete 'antidote' for...2024-06-0725 minThoughts On Money [TOM]Records are Made to be BrokenThis week's blogpost - https://bahnsen.co/3X2qzZp
Breaking Records and Financial Progress: Embracing Market Highs and Human Innovation
In this episode of the Thoughts on Money podcast (TOM), host Trevor Cummings and guest Blaine Carver delve into the concept of breaking records and the nature of progress, both in sports and financial markets. They discuss notable sports records, such as Roger Bannister’s sub-four-minute mile and LeBron James' scoring milestone, emphasizing how once-unthinkable achievements became benchmarks for future generations. Shifting focus to financial markets, they explore investor psychology, the recurrent nature of market hi...2024-05-3133 minThoughts On Money [TOM]The Power of SimplicityThis week's blogpost - https://bahnsen.co/3RXvTZY
The temptation to overcomplicate wealth management in the name of sophistication is strong. Financial advisors are especially prone to fall into this category as we seek to add value to our clients. I encourage our readers to focus on the north star, not to be pulled away by the clever gimmicks that pop up every year, and to exercise discipline in our process. I encourage our readers to build wealth that withstands the test of time so that many generations can benefit from the strong foundation you have created.2024-01-1234 min
Good For YouTrevor Wallace Explains How To Date People in 2023 | Ep 216🦖- Trevor Wallace (Pterodactyl, Stiff Socks) - Whitney and Trevor talk about how to not behave on dates, all things LOL, and Trevor goes through Whitney’s online dating account.Thank you to our sponsors:FUNLOVE - https://www.funlove.com. code: GOODFORYOUZOCDOC https://www.zocdoc.com/whitneyQUIP https://www.getquip.com/whitneyETSY https://www.etsy.com code: HOLIDAY10 Learn more about your ad choices. Visit megaphone.fm/adchoices2023-12-061h 28Thoughts On Money [TOM]Ask TrevorThis week's blogpost - https://bahnsen.co/3Q8lStI
I was filling in for David Bahnsen this week on DC Today, and I was reminded how much I enjoy the Ask David section. This is where readers send in questions, and David addresses one question a day on this published public platform.
I remember an old teacher always used to encourage our class, “Ask, please ask all the questions you have. If you have a question on your mind, surely that same question is on the mind of a few others.” It was our civic duty...2023-07-2026 min
Good For YouComedian Trevor Wallace🔥 - Trevor Wallace - @trevorwallaceComedian Trevor Wallace fights with Whitney about which of his jokes were cut from The OnlyFans TV Roast of Bert Kreischer, and they debate pubes, joining Raya and the drama in the streets. Watch The Roast of Bert Kreischer on OnlyFansTV now - FOR FREE! https://www.of.tv/bert-roast Thank you to our sponsors :Magic Spoon : https://www.magicspoon.com/whitneyBetter Help : https://www.betterhelp.com/whitneyZoc Doc : https://www.zocdoc.com/whitneyFactor : https://www.factormeals.com/whitney50 ...2023-04-071h 12Thoughts On Money [TOM]Experiencing TurbulenceAs we wrap up 2022, what better time than now to reflect on our blessings and begin to meditate on our own financial objectives for the coming year. For some, prioritization will be key and candid conversations with their financial advisor on these matters will be important. For others, a reminder is needed that with wealth comes responsibility and an added level of complexity as we layer on the piece regarding legacy planning.
For the Cummings household, we are feeling absolutely blessed by our growing family, and we are excited to celebrate Christmas with an added stocking on...2022-12-2227 minThoughts On Money [TOM]Prudent DebtTrevor and Deiya dive deep into the value and dangers of debt
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2022-01-0731 min
Insight is Capital™ Podcast89 Unlocking Total Return & Yield From Dividends, Growth, and Options with Ben Gossack and Trevor Cummings, TD Asset ManagementBen Gossack, VP & Director, Portfolio Manager, and Trevor Cummings, VP, ETF Distribution, both from TD Asset Management (TDAM), join Pierre Daillie for a deep dive discussion about the innovative ways the asset management team at TDAM are enhancing investment income without sacrificing total return in their enhanced dividend income strategies.In the conversation, Ben Gossack, lead portfolio manager on TDAM's enhanced dividend strategies, details how he and his team actively manage their core 'dividend-growers' stock selection strategy, which comprises at least 70% of holdings in their ETFs, while integrating a less constrained, 'unlocked' investment process that also involves...2021-11-021h 07Thoughts On Money [TOM]What's the Alternative?Trevor is joined by TBG colleagues Deiya Pernas, Sean Latimer, and Kenny Molina
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2021-09-1729 minThoughts On Money [TOM]Apples and OrangesTrevor is joined today with Sean Latimer, Nate Straw, and Drew Dill
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2021-09-0340 minThoughts On Money [TOM]The Sirens of FinanceTrevor Cummings, the author and podcast host of Thoughts on Money, tackles the key topics investors care about the most.
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2021-07-0241 minThoughts On Money [TOM]Time is On Your SideTrevor is joined by Sean Latimer, Drew Dill, and Nathan Straw
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2021-06-1139 minThoughts On Money [TOM]Tailored FitTrevor is joined by TBG co-workers Sean Latimer and Leslie Rea to talk about developing the right kind of financial portfolio.
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2021-01-1524 minThoughts On Money [TOM]UnknowableTrevor has a conversation with TBG Managing Director, Solutions and Analytics regarding investing principles and how to take the fear out of the process.
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2021-01-0832 minThoughts On Money [TOM]More Than NumbersTrevor Cummings and Sean Latimer from The Bahnsen Group
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2020-11-2026 minThoughts On Money [TOM]The Variation of VariablesAnother great episode with Trevor Cummings and Sean Latimer of The Bahnsen Group
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2020-10-2032 minThoughts On Money [TOM]Learning How To FishSince the inception of Thoughts On Money, the objective has been the same - to help translate the complex world of personal finance into something more palatable and to address common questions that investors have. If you've been a long-time reader of TOM, you know that most investment questions don't have a one-size-fits-all answer; this is why I commonly encourage readers to address these particular issues we discuss with their advisor.
The problem with often concluding, "best to discuss with your advisor," is that you, the reader, don't get the opportunity to peek behind the curtain and...2020-09-0423 minThoughts On Money [TOM]An Active DebateThere is a debate out there in the world of finance. A debate about active vs. passive investing.
Today I take you on a journey through my personal timeline, how I bumped into this debate, and why I think we are all having the wrong conversation. Come find out why in, fact, all of us are exactly the same kind of investor at our core.
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2020-08-1414 minThoughts On Money [TOM]Shiny ObjectsThis week's Thoughts On Money addresses the never ending quest for "free money." Whether it's some get rich quick scheme someone at work is whispering about or a "sure thing" at the local horse track, many people are enticed by the quick and easy path to riches.
In these COVID times, there are no shortages of people touting their short-term trading successes and mistaking gambling for investing.
The reality is that this kind of risk taking is a trap, a trap that can cost you your financial future. I hope this week's article will help...2020-08-0730 minThoughts On Money [TOM]A Leading IndicatorToday I want to address a question I have been getting a lot from clients and friends. This question is usually premised by a comment or concern sounding something like this, “I am worried that this election in November means that [FILL IN THE BLANK] will win the presidency and that will have a negative impact on markets… does this mean that I should sell my stocks?”
In order to answer this question, I need to take you on a little journey and give you a better understanding of how the stock market works.
Links mentio...2020-07-3118 minThoughts On Money [TOM]The Commitment CrisisHere’s the problem with commitments, they take time and time is a finite resource. Personally, I need to learn to not overcommit.
More and more, I see products promoting themselves with financing options. Everything from a mattress to a stationary bike is being marketed with long term financing options. Something with a $2,500 price tag might seem too rich, but a $60 monthly payment over 3 or 4 years becomes more palatable.
Our culture has begun to create “luxury” everything and these price tags for these “luxury” items are meaningful. If lump-sum purchases were the only option, the demand would shrink. W...2020-07-2419 minThoughts On Money [TOM]Cash is Not Always KingMany researchers conclude that an average adult is responsible for making 35,000 decisions a day. Some of these decisions are big, like who you will marry, and others are small, like deciding whether you want cream and sugar in your coffee. To help us navigate these complexities, and the barrage of decisions to be made, we lean on heuristics – little mental shortcuts that help us make quick rule-of-thumb judgments.
Today I would like to address one of these common finance simplifications, “Cash is king” and discuss how we should and should not be applying this to our personal financ...2020-07-1716 min
Ginger On GingerEpisode 19 - Planning (Feat. Trevor Cummings)On a spectrum of Jacob to Alex, how much of a planner are you? Joining us this week is Trevor Cummings, the talent behind the camera for Gingers On Ice’s finest hours. We tell stories about being on set together, Alex manages to tell us yet again that he traveled around the world, and then we discuss Sean Kingston’s smash hit, “Beautiful Girls.”2020-07-011h 00Thoughts On Money [TOM]Temper Your TantrumsJoined by TBG Advisor Sean Latimer, your host Trevor Cummings answers some questions of how markets really work.
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2020-06-1922 minThoughts On Money [TOM]Will I Make It?The human condition finds most of us being short-sighted. What I mean by that is that we tend to get caught up in current events and what’s happening in the here and now, leaving us more often lacking as long-term planners. But beyond solving the short-term (short-sighted) of say, needing a paycheck to keep the lights on, we (investors) also have other aspirations for our money and what it will finance in the future. That growing balance in our investment account represents the accomplishments that coincide with our goals and desires. Will we have enough to pass down to...2020-06-1218 minThoughts On Money [TOM]I Worked My Whole Life for This?Today’s article is about that day we hang up our occupation and step into retirement. The question is, will you love it?
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2020-06-0715 minThoughts On Money [TOM]Expect The UnexpectedThe key to making good decisions is creating an environment that is conducive to success. When it comes to investing, much of this battle is fought in your mind and it revolves around expectations. Most bad financial decisions will be a result of an investor reacting to disappointment – an investment did not meet their expectations, and this triggered a feeling of disappointment which then lead to a poor decision.
Here on TOM, we’ve stated that there are big differences between long term average returns and the actual returns you experience on a yearly basis. If you hear...2020-06-0315 minThoughts On Money [TOM]Portfolio Pick and RollI love playing basketball, watching basketball, thinking about basketball. I love basketball. Maybe it’s because it not only requires skill, agility, and endurance but also because the best teams win because they have a good game plan, one that is able to adjust to their opponent, one that is disciplined and practiced to perfection.
If you would be so kind as to indulge my obsession for a minute, I believe the analogies I use for my favorite sport and my favorite profession will be interesting and helpful. So let’s dribble on in to TOM. Sorry, I co...2020-05-2215 minThoughts On Money [TOM]Why Would I Want to Invest in a Week Like This?This past week I had the pleasure of getting lunch with a recent high school grad to discuss the wonderful world of finance. He’s a bright young man and is exploring what he wants to study in school and the career path that most interests him. He’s got a knack for numbers and thinks investing and/or advising might be a good fit.
These exploratory conversations about finance often tend to spark some really interesting dialogue, getting me to the core of why I do what I do.
With such a tumultuous time in t...2020-03-0915 minThoughts On Money [TOM]The Endurance Sport that is InvestingI typically devote some part of my weekend to researching on what I plan to discuss each week on Thoughts on Money [TOM]. I had no idea that my decision to write on topics of risk, drawdowns, and recovery periods, as I believe these are important topics for investors to understand, would also be so timely based on how the markets kicked off this week!
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2020-03-0217 minThoughts On Money [TOM]Living Off the InterestWill the income from your portfolio satisfy all of your living expenses in retirement? This week's TOM looks at important factors to consider.
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2020-02-1414 minThoughts On Money [TOM]Are You Covered?In the past few weeks, I’ve found myself in multiple conversations explaining the need and purpose of life insurance. We’ve covered this topic in previous issues of TOM, but based on the recent inquiries, I thought it appropriate to provide a succinct refresher.
Links mentioned in this episode:
http://thoughtsonmoney.com
http://thebahnsengroup.com
2020-02-1315 minThoughts On Money [TOM]Slow and Steady Is the Way to GoTopics discussed:
In the old fable The Tortoise and The Hare we find this classic tale of the slow and steady vs. the erratic and volatile. This fable lends itself well to many financial analogies, and rightfully so. Looking back at my personal investments over the years, I am pleased with the prudent, tortoise-like decisions I’ve made yet I still experience some level of disappointment as I reflect on a few emotional, hare-like choices that I now regret. As an analogy for much of life, investing is a marathon, not a sprint.
In TOM this week, le...2020-01-3111 minThoughts On Money [TOM]Only Hindsight is 20/20Topics discussed:
I had two conversations last week that came to opposing conclusions about 2020. One friend told me they had a gut feeling about 2020 and they felt strongly that the momentum from 2019 would carry over and their stock investments would do even better in 2020. Another friend told me that they felt like 2019 led to an overheated market and they were fearful whether they should own any stocks at all. To both conclusions, I replied with the same question, “Why so?”
I asked this question because I wanted to know if their conclusion was grounded in logic and evid...2020-01-2416 minThoughts On Money [TOM]Clarity on CharityTopics discussed:
As we closed out 2019, I fielded a lot of questions about Donor Advised Funds (DAFs). For some, this inquiry was sparked by an interest in the tax benefits for 2019 planning and for others, it came from a place of curiosity whether a DAF would be suitable for their situation. I know we’ve touched on Donor Advised Funds before here at TOM but based on all the inquiries, it would appear to be worthwhile to conduct a refresher.
Giving has its own rewards. This week, TOM helps you increase those benefits as you pay it fo...2020-01-1700 minThoughts On Money [TOM]Funding Education Doesn't Have to Break The BankTopics discussed:
As we enter into 2020, we know one thing to be true – politics are going to be a hot topic. Each week the news is going to headline different candidates, we will get a break down of each of their platforms, and there is going to be much uncertainty around who will win the election.
One of these topics that are going to get a lot of air time is student debt. Currently, the U.S. Department of Education has lent to about 43 million borrowers, and there is about $1.4 trillion of outstanding debt These are big nu...2020-01-1013 minThoughts On Money [TOM]Lessons Learned - A Tale of Two DecadesTopics discussed:
As we approach the end of the year, I brace myself for the many retrospective look-backs on 2019 from my favorite media sources. And being that this year also marks the end of a decade, it will naturally invite even more reflection of how the past may inform our future.
In the world of investing, the former decade (2000-2009) has now been appropriately deemed, “The Lost Decade.” A ten-year period that was bookended by two significant market events – The Dot Com Crash and The Great Recession.
And this leads me to wonder, what central theme...2019-12-2312 minThoughts On Money [TOM]Appreciating Income is the Thing To DoTopics discussed:
The end of the year is a season when I conduct a lot of review meetings with clients. Along with discussing holiday plans, sharing updates on our families, and so on, it’s the perfect opportunity to do some year-end tax planning, review how investments have fared over the year, and to catch up on any other planning items we are working on. It’s also a great opportunity to itemize our goals and notate tasks that we’d like to get completed in the coming year.
While these client meetings are never exactly the same...2019-12-1918 minThoughts On Money [TOM]It's Okay to Budge on your BudgetTopics discussed:
As we approach the New Year many of us will begin to think about the resolutions that we want to make for 2020. We know from experience that these resolutions are often short-lived, and we realize that making a commitment to something like a new diet may not be realistic or sustainable.
Amongst these common resolutions are often financial goals like saving more or sticking to a budget. Today on TOM I want to talk about some practical ways that you can achieve these resolutions without putting too much strain on yourself.
Links mentioned...2019-12-1813 minThoughts On Money [TOM]'Tis The Season To Be Tax PlanningI absolutely cannot believe that we are already preparing for Thanksgiving. It feels like 2019 flew by, right? Well, I know from experience, that these last 6-weeks of the year seem to fly by at hyper-speed as well. This is indeed a great time of the year to spend time with family, rest, and reflect on the year. It’s also a great time to do some end of year tax planning.
I know, I know, tax planning is not so festive, and it isn’t as fun as a turkey dinner, but the holiday season is our fina...2019-11-2213 minThoughts On Money [TOM]Is it safe to invest when markets are at all-time highs?Thoughts on Money Podcast is hosted by Partner, Private Wealth Advisor Trevor Cummings from The Bahnsen Group in Newport Beach, California.2019-11-1808 minThoughts On Money [TOM]What Direction Does Your Cash Flow?Here is a very common question I get as an advisor, “Should I pay off my mortgage?”
This is a difficult question to answer for two reasons:
Most of the people asking have already come to their own conclusion, and they’d be hard-pressed to be convinced otherwise. They are looking for confirmation rather than insight.
The answer to this question depends on the particulars of one’s situation, this is not a quick and easy, black and white, yes or no answer. Some significant discussion and financial planning needs to come first.
Which ma...2019-11-0519 minThoughts On Money [TOM]Investing In RiskTrevor Cummings talks about how "risk" can work as a benefit for the savvy investor.2019-11-0513 minThoughts On Money [TOM]How To Enjoy The Fruits of Your LaborFor a retiree, there is plenty of media out there to help instill this fear that you may outlive your savings. Talks about rising healthcare costs, fearmongering about the next financial crisis, rumors of disappearing social security, etc. etc. etc. The financial “things-to-be-afraid-of” list seems to be never-ending. It is no wonder that many surveys find a majority of retirees worried about potentially running out of money.2019-10-2115 minThoughts On Money [TOM]Bucking The TrendAs a financial advisor, you get used to the fact that if you show up to a family function or a gathering with friends you are bound to get asked a handful of questions on personal finance, the markets, the economy, etc. The funny thing about these questions is that they are almost always seasonal, meaning they will revolve around the hot topic of the day.2019-10-1812 minThoughts On Money [TOM]Keep Your Eye on the BallIt's not only essential to save but to look at where one saves. In this episode of the Thoughts On Money Podcast, Trevor looks at the importance of tax diversification in your retirement portfolio.2019-10-0411 minThoughts On Money [TOM]What Is The Bottom Line?TOM is a podcast by Trevor Cummings, Partner and Wealth Advisor at The Bahnsen Group in Newport Beach, California.2019-09-2515 minThoughts On Money [TOM]Pearls of Wisdom, Buying A House, Building Your Own PensionThe Thoughts On Money Blog posts for the Month of August 20192019-09-1246 minThoughts On Money [TOM]Who is TOM? Trevor Cummings and David L. BahnsenIn this episode of TOM, Trevor is joined by The Bahnsen Group, Founder and CIO David L. Bahnsen to discuss the last month's topics Trevor covered.2019-08-1942 minThoughts On Money [TOM]Introducing Thoughts On Money [TOM]In this inaugural episode, Trevor talks about his motivation for starting TOM and offers his commentary on recent issues of the TOM Blog.2019-07-2235 min