VIDEOS

In late December of 2019, The SECURE Act became enacted into law. If you were the beneficiary of a loved one’s IRA (or other retirement account) and they passed away after January 1st of 2020, there is a new set of rules that will affect that inherited retirement account. Nic draws up an easy-to-follow flowchart to show what rules your inherited IRA will follow depending on your unique situation. View and Download the Flow Chart: https://www.therealmoneypros.com/inherited-ira-flow-chart-pdf Host: Nic Daniels BFA™, Financial Advisor   Find Us: https://www.therealmoneypros.com https://www.treecityadvisors.com

Segment 1, Hour 1 (11/19/2022) Listen to the FULL EPISODE: https://www.therealmoneypros.com/podcast/episode/1bce511b/gold-and-bonds-make-a-comeback-11192022 Show Summary: This last Friday, roughly $2 trillion in stock options expired. What does that even mean? Brian and Nic hit the airwaves today to explain just that. To hedge against risk in the markets, we contemplate two old-age investments that may become relevant again: Gold and Bonds. In the second hour, we talk about buying, leasing, or renting. Whether it comes to buying a house or buying a car, which option is best? Hosts: Brian Wiley, Financial Advisor Nic Daniels BFA™, Financial Advisor   Find Us: https://www.therealmoneypros.com https://www.treecityadvisors.com

For many with money sitting inside of a pre-tax retirement account, it’s time to start thinking about taking their required minimum distributions. And depending on your situation, taking your RMDs may not exactly be ideal! Nic gives you some ideas on how to make the most out of those distributions. Online calculators, qualified charitable distributions, and investing your RMDs. Host: Nic Daniels BFA™, Financial Advisor   Find Us: https://www.therealmoneypros.com https://www.treecityadvisors.com Resources: https://www.forbes.com/sites/kristinmckenna/2022/10/19/the-best-way-to-take-required-minimum-distributions-rmds/?sh=6762222b69dd ————————————————————— 00:00 - Intro 03:09 - When Should I Take RMDs? 04:45 - How Should I Take my RMDs? 05:05 - Online RMD Calculators 07:46 - Qualified Charitable Distribution 08:46 - QCD Whiteboard Example 11:01 - Investing RMDs —————————————————————

Inflation is high, the stock market is down, and the news is looking scary. What do you do? If you’re looking for advice from an experienced and successful investor, who better than Warren Buffett? We dive into what Buffett does during times of inflation and market uncertainty. In short, it’s quite simple actually. Host: Nic Daniels BFA™, Financial Advisor Find Us: https://www.therealmoneypros.com https://www.treecityadvisors.com 00:00 - Intro 02:40 - Continue to Invest 03:38 - Maintain a Consistent Strategy 08:58 - Reinvest Your Profits 10:26 - Summary Resources: https://www.investopedia.com/articles/markets/041714/how-warren-buffett-made-berkshire-hathaway-worldbeater.asp https://www.advisorperspectives.com/articles/2022/10/25/what-would-warren-buffett-do https://www.bls.gov/cpi/latest-numbers.htm https://en.wikipedia.org/wiki/Paul_Volcker https://www.berkshirehathaway.com/letters/letters.html

Fall, what a beautiful time of year… I know that it may be tempting to curl up by the fire and relax as the temperatures drop, but this is GO TIME! As the end of 2022 gets closer, there may be some important financial moves that you need to take advantage of while you can. Nic gives three things to pay attention to during November and December. 00:00 - Intro 00:15 - Health Insurance / Open Enrollment 04:59 - Roth Conversions 07:28 - End of Life Planning Host: Nic Daniels BFA™, Financial Advisor   Find Us: https://www.therealmoneypros.com https://www.treecityadvisors.com

For this shortened show, co-hosts Nic and Alex discuss midterm elections, politics, market behavior, and end-of-year tax planning. With the midterm elections coming up, how can we expect the market to react? As historical data shows, pretty well. And as the holidays approach, it’s time to consider meeting with your financial professionals to make sure everything is handled before the craziness begins! 00:00 - Intro 00:33 - Midterm Elections & The Market 11:50 - Divided Government 21:40 - Rising Prices 34:31 - End-of-Year Tax Planning Hosts: Nic Daniels BFA™, Financial Advisor Alexandra Lundgren AIF®, Financial Advisor   Find Us: https://www.therealmoneypros.com https://www.treecityadvisors.com

We've all heard of the Chinese knock-off products that flood the street markets. Fake Gucci purses and the Nike shoes. But what about knock-off artificial intelligence? China is using technology from U.S. companies to form their own technologies – Something we are not too fond of. In fear of losing the technological upper hand, the United States' chip sanctions aim to stop just that. Host: Nic Daniels BFA™, Financial Advisor   Find Us: https://www.therealmoneypros.com https://www.treecityadvisors.com

Inflation, rising interest rates, bear markets: Words that soon-to-be retired folks could find scary. Brian and Nic talk about dealing with the current market’s roadblocks while approaching your golden ages. Changes in Social Security and how to make the most of your fixed income. Hosts: Brian Wiley, Financial Advisor Nic Daniels BFA™, Financial Advisor   Find Us: https://www.therealmoneypros.com https://www.treecityadvisors.com

Last week, Social Security gave a 8.7% increase in benefits for the year 2023. It will add on at least $140 per month, in other words, one tank of gas for your truck. Nic goes ever the updated maximum taxable earnings, exemptions, benefits, and more. Rand Paul’s 2021 Festivus Report shows us just how much money the U.S. government wasted – so is there a better way to supplement our Social Security shortage? And don’t forget – it’s Roth Conversion season! 00:00 - Intro 00:29 - Nic's Elk Hunt 01:04 - Social Security Changes 16:03 - Rand Paul's Festivus Report 20:17 - Roth Conversions Host: Nic Daniels BFA™, Financial Advisor   Find Us: https://www.therealmoneypros.com https://www.treecityadvisors.com Sources: https://blog.ssa.gov/social-security-benefits-increase-in-2023/ https://www.ssa.gov/news/press/factsheets/colafacts2023.pdf https://www.heritage.org/taxes/commentary/1-chart-how-much-the-rich-pay-taxes https://www.paul.senate.gov/sites/default/files/page-attachments/Festivus%20Report%202021_0.pdf