Category: Finances

FEATURE
How to Approach Aging and Retirement with John Diehl (Ep. 14)

How to Approach Aging and Retirement with John Diehl (Ep. 14)

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Today’s guest, John Diehl, Senior Vice President of Applied Insights at Hartford Funds believes that most people have an improper view of retirement. They think their retirement (typically 7-10 years) will be stacked with golf games, lavish trips, and all things that they consider as ‘living the good life.’

But, the reality is that people are living longer thus extending their period of retirement upwards of 20 or even 30 years! So how do you spend two or three decades on nothing but relaxation and recreation?

Most people can’t. (Financially and emotionally)

Listen as John shares his findings surrounding age and longevity, challenges facing the aging population, and advice on how you can combat boredom and rediscover your purpose after you exit the workforce.

This insightful episode explores: 

  • John’s partnership with the MIT AgeLab and his findings from numerous studies
  • The importance of having a purpose and making meaningful connections
  • Tips on maintaining brain health, and developing new interests
  • What is a social portfolio and how it relates to your overall well-being
  • The natural attrition of friendships as you age and ways to enhance your social portfolio
  • And more!

Resources:

Connect with Billy Peterson:

About Our Guest: 

John Diehl has been with The Hartford and Hartford Funds for more than 30 years. He’s a Certified Financial Planner (CFP®) and also holds Chartered Life Underwriter (CLU®) and Chartered Financial Consultant (ChFC®) designations. As Senior Vice President of Applied Insights, John leads Hartford Funds’ research efforts with the MIT AgeLab as well as other thought leaders. He oversees a team of industry experts who translate this research into actionable ideas for financial professionals and their clients across the U.S. John’s views on the future of retirement planning have been published in the Wall Street Journal, Financial Planning magazine, and other publications, and he’s been a featured guest on CNBC and Bloomberg Television. John also hosts the Hartford Funds’ newly reimagined Human-centric Investing Podcast.

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FEATURE
Is a Recession Looming on the Horizon? (Ep. 13)

Is a Recession Looming on the Horizon? (Ep. 13)

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During these uncertain times, we are faced with the worry of a recession.

Is there one looming on the horizon?

Find out as Billy and Shaun welcome Strider Elass, Senior Economist at First Trust, as he shares his thoughts and predictions about whether a recession is on its way, and what we can do to prepare.

This insightful episode will cover:

  • The definition of a recession and how it typically affects the economy
  • Recession indicators according to the National Bureau of Economic Research 
  • Historical comparison of major recessions throughout the US
  • How and why the Federal Reserve is lowering the money supply
  • Quantitative tightening and quantitative easing and how they impact lending
  • How the current economic situation is different from the 2008 recession
  • The expected longevity of inflation and increased interest rates 
  • And more!

Resources:

Connect with Billy Peterson:

Connect with Shaun Peterson: 

Connect with Strider Elass: 

About Our Guest: 

Strider Elass is an Economist at First Trust Advisors L.P., a financial services firm based in Wheaton, Illinois. 

At First Trust, Mr. Elass is responsible for analyzing economic indicators, writing economic commentaries, and producing pieces on the First Trust Economics Blog. 

Mr. Elass is part of the First Trust economics team that Bloomberg has consecutively ranked as one of the top forecasters of the U.S. economy over the past several years. This First Trust economics team has also won Market Watch’s “Forecaster of the Month” Award several times over the past few years. 

Mr. Elass was also instrumental in researching the book It’s Not As Bad As You Think, published in 2009 by First Trust Chief Economist Brian Wesbury. 

Beyond his research responsibilities, Mr. Elass speaks regularly at broker and retail events around the country and abroad. 

Mr. Elass received a B.A. in Business and Economics from Wheaton College, in Wheaton, Illinois, and is currently a candidate in the CFA Program.

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FEATURE
Investing 101: Real-Life Stories and Strategies for Beginners (Ep. 12)

Investing 101: Real-Life Stories and Strategies for Beginners (Ep. 12)

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In today’s fast-paced and ever-changing economic landscape, it has become increasingly crucial for individuals of all ages to acquire financial literacy and understand the power of investing. 

Taking charge of our financial future can pave the way for long-term stability and growth.

Want to know some basic investing concepts that will help you get started?

In this episode, Billy Peterson is joined by his colleagues Cade and Shaun to talk about the importance of getting started with investing at an early age.

Listen in as they discuss:

  • How their annual Financial Boot Camp helps students learn about good money habits and how to avoid debt
  • Stories of how they got into investing, and their favorite tips from Warren Buffet
  • The importance of diversification and investing in income-producing assets, mutual funds, and securities
  • The power of compounding interest, particularly for the younger generation
  • And more!

Resources:

Connect with Billy Peterson:

Connect with Shaun Peterson:

Connect with Cade Peterson:

 

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FEATURE
Opportunities and Challenges within the Horse Racing Industry with Janet VanBebber (Ep. 11)

Opportunities and Challenges within the Horse Racing Industry with Janet VanBebber (Ep. 11)

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There are many challenges facing the horse racing industry, both from an economic and social perspective.

Despite this, it continues to strive for growth and attract new generations.

And what better way to shed light on these topics than by speaking with someone who possesses a profound understanding of the industry?

Join Billy and Cade as they sit down with Janet VanBebber, Chief Racing Officer, at the American Quarter Horse Association (AQHA) to hear her insights and perspective on the horse racing industry. She candidly shares her optimism for the future of horse racing, as well as its challenges. Additionally, she talks about the opportunities for young people and professionals to get involved in racing.

Listen in as Janet shares: 

  • Some of her most memorable moments as a trainer, and equine enthusiast
  • How inflation has impacted the horse industry and AQHA
  • The need to engage the next generation  
  • Her mission to monitor emergent threats and keep integrity within the sport
  • And more!

Resources:

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Connect with Cade Peterson:

Connect with Janet VanBebber: 

About Our Guest: 

Janet VanBebber is the Chief Racing Officer for the American Quarter Horse Association (AQHA). VanBebber is responsible for planning, directing, and coordinating the racing department, Racing Challenge, and related programs. Janet plays a key role in developing and implementing programs and objectives to promote the advancement of Quarter Horse racing across the globe.

VanBebber’s resume boasts a long and successful career training and racing American Quarter Horses. The former owner of VanBebber Racing Stables of Ledbetter, Texas, she has a long history of involvement with American Quarter Horses and Quarter Horse racing and is well known for being one of the industry’s most accomplished trainers.

In 2011, she became the first female trainer to eclipse the 1,000th career win mark. Her resume also included being the recipient of the 2002 AQHA Mildred n. Vessels Special Achievement Award. Her career includes training world champion TAILOR FIT, who remains ranked as one of the breed’s top money earners-15 years after his final race.

In addition to owning VanBebber Racing Stables of Ledbetter, Texas, Janet has been on the board of directors for both the Texas Quarter Horse Association and the Texas HBPA, while also owning and managing other horse-related enterprises.

 

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FEATURE
Wills, Trusts, and Probates: Estate Planning with Wayne Bennett (Ep. 10)

Wills, Trusts, and Probates: Estate Planning with Wayne Bennett (Ep. 10)

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When planning to transfer your possessions to your loved ones, it can be daunting, both due to the burden of paperwork and familial pressure.

This is precisely why developing and arranging a will and trust with a trusted professional is critical.

Today’s guest, Wayne Bennett, Director & Shareholder at Clyde Snow & Sessions, helps his clients sort through the plethora of decisions when making, or updating a will, to assist in resolving family conflict from decisions made by the deceased. 

Join Wayne as he chats with Billy and Shaun about:

  • The difference between a will and a trust, and the role of beneficiaries
  • Why it is important to choose the right person as your representative or trustee
  • How to protect younger beneficiaries from mismanaging their inheritance 
  • The probate process and how having a trust can simplify the payout process
  • Key documents that should be included in a good estate plan
  • And more!

Connect with Billy Peterson:

Connect with Shaun Peterson:

Connect with Wayne Bennett: 

About Our Guest: 

Wayne Bennett focuses his practice on representing individuals and solving problems in both the commercial and personal arenas. With respect to commercial clients, he is experienced in all aspects of tax, business, and estate planning. Specifically, Mr. Bennett works with people and local businesses in need of structuring assistance, business and personal planning, business formation issues, contracts, long- and short-term development plans, tax-related issues and planning, and business exit strategies. He is also proficient in handling commercial leases and commercial finance issues, for both the lender and borrower. Mr. Bennett is very experienced in handling asset purchase and stock purchase acquisitions and sales, as well as real estate transactions. Mr. Bennett has been involved in various merger transactions involving businesses of all types, and in working with banking customers to develop new relationships and to move business accounts to new banking relationships. Mr. Bennett assists a number of local community banks and other lenders with lending-related needs including loan documentation, maintenance, and collection. This work regularly includes reviewing and, when necessary, documenting new loans and advising lenders on how to work through troubled debt with struggling borrowers. With respect to planning for individuals, Mr. Bennett assists clients with their estate planning, estate taxation, wills and trusts, probate, and family disputes involving inheritance issues. With almost two decades of experience, Mr. Bennett has worked with clients on a multitude of estate types and has resolved numerous disputes involving estates and the heirs.

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FEATURE
Lessons on Success with Jeff Tebow, Deputy Chairman at Andreini & Company (Ep. 9)

Lessons on Success with Jeff Tebow, Deputy Chairman at Andreini & Company (Ep. 9)

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To achieve success, you need to put in the effort and demonstrate your abilities. 

In this episode, Billy and Cade interview Jeff Tebow about his career and experiences in the horse industry starting from being a farm hand on the ranch to becoming the CEO of an Insurance company. 

Learn valuable life lessons as Jeff shares: 

  • How he got into the equine industry, and the significance it had on his life at a young age
  • His opinion on how reading is becoming a lost art and the value of educating yourself
  • The regulations pertaining to the safety and well-being of the horses and their riders
  • The importance of financial discipline so you can invest consistently for the long term
  • And more!

Resources:

Connect with Billy Peterson:

Connect with Cade Peterson:

Connect with Jeff Tebow: 

 

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FEATURE
The Current Economic Regime Shift with Jon MacKay (Ep. 8)

The Current Economic Regime Shift with Jon MacKay (Ep. 8)

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When there’s great uncertainty in the markets, gaining insight from experts like today’s guest, Jon MacKay, Head of Platform Distributions at Schroders is beneficial. 

Listen in as he joins Billy and Shaun to provide insight and clarity about what is happening, and what’s to come within the economic field.

Join the discussion as Jon highlights: 

  • The current regime shift in the economy and the potential impact of inflation on bond yields, growth cycles, and credit availability
  • How inflation will be a tougher issue to reign in than it has been in the past
  • His thoughts and predictions concerning the Fed policy 
  • Reasons why he sees a massive demand for commodities, especially industrial metals, and energy
  • And more!

Connect with Billy Peterson:

Connect with Shaun Peterson: 

Connect with Jon MacKay: 

About Our Guest:

Jonathan Mackay is the Head of Platform Distribution at Schroders, which involves working in partnership with Hartford Funds to represent their strategies to financial advisors and intermediaries in the Northeast region. He joined Schroders in 2016 and is based in New York. Jonathan was a Senior Market Strategist at Morgan Stanley from 2009 to 2016, which involved providing advice to the firm’s sales force and clients on a variety of investing topics, authoring in-depth reports, and traveling frequently throughout the Americas meeting with high-net-worth individuals and middle market institutions. He was a Credit Strategist at Citigroup Smith Barney from 2000 to 2009, which involved providing commentary on the credit markets and coming up with trade ideas for the High Yield, Emerging Markets and Investment Grade corporate bond desks. He was an analyst at Emerging Markets Securities LLC from 1997 to 1999, which involved creating structured trade credit transactions.

 

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FEATURE
A Day in the Life of Dr. Vince Baker, DVM (Ep. 7)

A Day in the Life of Dr. Vince Baker, DVM (Ep. 7)

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Your alarm goes off at 3:45 am, you get up, get dressed, and make yourself a cup of coffee.

You gather the equipment you will need for the day, put on your rubber boots and head out the door. You arrive to begin your workday – it’s just 4:30 am

This is just a glimpse into the day in the life of an equine veterinarian.

Join Billy and Shaun as they chat with Vince Baker, Doctor of Veterinary Medicine (DVM) about his experiences as a world-renowned equine veterinarian, challenges facing the veterinary profession, his successes throughout the years and, the importance of recognizing your strengths.

Listen as Dr. Vince shares:

  • How he carried on his father’s legacy of being a veterinarian 
  • His daily routine at the racetrack and how he makes sure horses are healthy
  • Some of the notable horses he has tended to and cared for throughout his career
  • His opinion concerning the challenges that face the veterinary profession, including corporate buyouts of small animal clinics and legal regulations
  • Stories surrounding his friendship with Billy
  • And more!

Resources:

Connect with Billy Peterson:

Connect with Shaun Peterson:

Connect with Vincent A. Baker, DVM: 

 

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FEATURE
Does Your Risk Match Your Profile? (Ep. 6)

Does Your Risk Match Your Profile? (Ep. 6)

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Investing can be risky, but it’s also an essential part of growing your wealth. 

In this episode, Billy is joined by his son, Cade and together they dive into taking risks with your investments and emphasize the importance of knowing your risk tolerance. They also clarify that investing is not the same as gambling, and explain why it’s necessary to be bold when building a successful portfolio.

Join the conversation to learn more about: 

  • The current market selloff and the risks associated with the Federal Reserve’s actions to combat inflation
  • The process of determining an investor’s risk score through a few simple questions, and the importance of regularly monitoring your tolerance
  • Why Tesla is an example of a high-risk company that has proven to be successful
  • The risks of complacency in investing and the history of speculative booms
  • And more!

Resources:

 

Connect with Billy Peterson:

Connect with Cade Peterson:

 

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FEATURE
State of the Oil Industry with Clint Carpenter (Ep. 5)

State of the Oil Industry with Clint Carpenter (Ep. 5)

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At Peterson Wealth Services, we understand that business owners face unique challenges, which is why we are constantly striving to stay informed so we can help our clients make educated decisions.

Join Billy and Shaun as they sit down with Clint Carpenter, Co-Founder of South Texas Oil Field Solutions to chat about the oil industry, and how the last few years have affected him as a business owner. Together they delve into issues concerning the rise of green energy, how the pandemic changed the workforce in America, and the reasons why Clint has shifted his focus to ministry work.

Listen as Clint discusses: 

  • How he got into the oil and gas industry, and it’s current state within the economy
  • Challenges he endured during and now, post-pandemic
  • Why he no longer pays attention to mainstream media 
  • What he does to make a positive impact on people’s lives
  • And more!

Connect with Billy Peterson:

Connect with Shaun Peterson:

Connect with Clint Carpenter: 

About Our Guest:

Clint Carpenter is a native of Freer, TX and was raised in the heart of the oil patch. He began his career as a roustabout for Hellums Services in 1997 and quickly rose up through the ranks with Key Energy. He was instrumental in the growth of a major service company, which IPO’d in 2008. He has held numerous management positions throughout his career until founding STOS in 2010. Clint has developed relationships with many of the major operators in the Eagle Ford which has led to the success of the company. Mr. Carpenter believes that a focus on service is crucial to the success of STOS.

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