The Personal Wealth Coach

Why the traditional portfolio composed of 60% stocks and 40% bonds is unlikely to be effective into the near future.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Financial Guardrails @3:53
The 60/40 portfolio and the 80/20 portfolio @9:24
And more!
This episode was recorded on December 4th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com). 
We are happy to address any of your questions about Economics and Finance.
**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  

Market moves are commonly blamed on some event or other apparent cause, however; many market moves are just random noise.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Omicron Variant @1:33
Big Tech Companies are Rebranding Themselves @8:10
Seasonal Adjustment @17:15
What Happened to Cryptocurrency? @29:57
And more!
This episode was recorded on December 4th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com). 
We are happy to address any of your questions about Economics and Finance.
**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  

Whether it’s a good economy or a bad economy, it is important to have short-term cash reserves on hand, live within your means, be diversified, and invest for the long-term.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (11/29 – 12/3) @8:02
Why Has The Turkish Lira Been So Volatile? @19:24
The Weekly Wrap-up by Jeff @31:43
And more!
This episode was recorded on December 4th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com). 
We are happy to address any of your questions about Economics and Finance.
**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  

A properly constructed and custodially held self-directed IRA can hold assets like precious metals, cattle, oil, or even houses, but a strict adherence to the rules is required to prevent it from being disqualified and the owner incurring severe penalties.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Can you put precious metals or other alternative investments in an IRA? @2:33
What Are the Accounting Standards in China? @11:50
10-Year Breakeven Inflation Rate @18:10
And more!
This episode was recorded on November 13th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com). 
We are happy to address any of your questions about Economics and Finance.
**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  

If you are retired or thinking about retiring and think that the old 60% stock and 40% bond portfolio is the way to go because it worked in the past, you may be in for a disappointment.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Solar Industry @4:08
Big Companies Are Splitting @15:20
Ongoing Shortage of Labor @28:40
Fundamental Changes Facing Investors @33:38
And more!
This episode was recorded on November 13th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com). 
We are happy to address any of your questions about Economics and Finance.
**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  

In short, ongoing supply chain issues and labor shortages are still challenging our economy but overall, the economy is humming nicely. There are a lot of positive indications that make an optimistic economist think we might be out of these challenges sometime next year.  
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (11/8 – 11/12) @5:30
The Highest CPI @12:00
Coal Shortage in China @23:17
Wrap-up by Jeff @30:20
And more!
This episode was recorded on November 13th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com). 
We are happy to address any of your questions about Economics and Finance.
**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  

There is one crucial thing that has not changed over the years about personal finance. First, get your savings in cash in a bank or somewhere safe to cover your near-term emergencies expenses. Make sure that you are living within your means, not overfilling your credit cards. Then start allocating money for your future.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Fed Chairman Powell’s Term Ends in 2022 @2:40
What Is A Ponzi Scheme? @7:37
An Update on Infrastructure Bill @17:49
US Trade Deficit @27:18
401 (k) Contribution @33:28
And more!
This episode was recorded on November 6th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com). 
We are happy to address any of your questions about Economics and Finance.
**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  

This Pandemic has changed the way people think about their money. We started accumulating more cash than we have in decades. If we expect to keep receiving stimulus checks, we would not see 9% savings rate.   
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Why Did the Market Go Up Even After the Fed Reduced the Stimulus Payments? @4:55
Update on Inflation @27:27
China’s Manufacturing Activities are Shrinking @33:32
Behavioral Changes in Personal Finance @37:26
And more!
This episode was recorded on November 6th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com). 
We are happy to address any of your questions about Economics and Finance.
**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  

The decline in productivity in the third quarter of 2021 was probably because we were hiring many new employees who needed training and that training took experienced employees away from productive work to do the training.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
What Happened in the Market This Week? (11/1- 11/5) @7:23
The Employment Situation Summary Was Released @18:37
And more!
This episode was recorded on November 6th, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com). 
We are happy to address any of your questions about Economics and Finance.
**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.  

What is Inflation? Explaining everything about Inflation is extremely hard, but the concept of Inflation can be simplified. Inflation happens anytime you find yourself paying more for any product or service that hasn’t gotten any better than it was.
 
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Let’s Talk About the Concept of Inflation @1:18
Current Inflation is Largely Caused by Supply Chain Issue @14:28
What Are Great Hedges Against Inflation? @38:18
And more!
This episode was recorded on October 23rd, 2021.
If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com
You can also send a message to us through the contact form on our website (tpwc.com). 
We are happy to address any of your questions about Economics and Finance.
**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.