When it comes to the green stuff, even the A-listers fumble – a raw reality check that echoes beyond the red carpet. Let’s take cues from the candid missteps, and navigate the rugged terrain of money management.
Billy, Shaun, and Cade talk about celebrity money mistakes and share consequences faced by a few prominent athletes, stemming from ill-fated financial choices, questionable investment schemes, and the failure to diversify their assets. Through the lens of these high-profile financial missteps, the trio emphasizes six steps to securing prosperity, offering insights that you can integrate into your financial strategy.
This riveting discussion unveils the pitfalls of fame and fortune, plus:
Examples of celebrities facing financial challenges
Lessons learned from celebrity financial mistakes
The importance of estate planning
Risks of “too good to be true” opportunities
Importance of proactive financial and estate planning, and keeping estate documents updated
Alarming statistics are indicating that a significant number of Americans are not investing enough which leads to not having enough money to last throughout their retirement.
Before you panic, listen to this episode as Billy and Shaun cut to the chase about the importance of investing, and how easily you can get started. They explore investing basics like 401k’s, the benefits of a Roth IRA for tax-free withdrawals, and the pros and cons of buying individual stocks versus mutual funds.
With a focus on long-term investing, Billy and Shaun discuss:
The shockingly high percentage of those nearing retirement with insufficient savings
Alternative investment options for individuals without access to a retirement plan
The difference between mutual funds and individual stocks
The risks of investing in speculative assets and cryptocurrencies
How an advisor can remove emotional decision-making and provide guidance in building a long-term financial plan
The current state of the economy is causing uncertainty for many people around the world.
With stock market corrections, volatility, high interest rates, and discussions of a recession, it’s no wonder there is a resounding feeling of doom and gloom surrounding current affairs.
Join Billy and Shaun as they share their thoughts and perspectives on today’s economic landscape including the multitude of fear-mongering and its influence on your financial portfolio and state of mind.
Get up-to-date as Billy and Shaun touch on:
Factors impacting spending; inflation, a possible recession, and high interest rates
The attractiveness of money market funds and the stocks that have driven returns
Real estate woes due to expensive borrowing and the rise of rentals
Which sectors you should watch in a slowing economy
People in the horse racing, farming, and ranching industries have two things in common; a passion and love for animals.
Today’s guest is a renowned equine orthopedic surgeon, a University Distinguished Professor in the Department of Clinical Sciences, and the founder of the Orthopaedic Research Center at CSU. It is clear when you hear him speak that he too has a passion and love for animals.
Join Dr. Wayne McIlwraith as he recounts his humble beginnings on a sheep station in New Zealand to becoming a trailblazer in the field of equine orthopedic surgery. He shares his innovative approach to arthroscopic surgery, shedding light on the advancements he has made, including many discoveries that have helped progress orthopedic procedures for humans.
Throughout the podcast, Billy Peterson and Dr. Wayne McIlwraith explore:
Dr. Wayne’s extensive experience and contributions to the field of equine medicine
The multifaceted challenges that face the equine industry including the need for uniformity in safety and testing standards
Why you should seize opportunities and pursue your passions
Techniques used to help horses recover from injuries and improve their performance
Professor McIlwraith obtained his veterinary degree from Massey University, New Zealand, and was in practice in New Zealand and the UK followed by an internship at the University of Guelph, Canada, and a surgical residency at Purdue University. He also obtained MS and PhD degrees from Purdue University. He is a Diplomate of the American College of Veterinary Surgeons, the European College of Veterinary Surgeons, the American College of Veterinary Sports Medicine and Rehabilitation, and a Fellow of the Royal College of Veterinary Surgeons.
Since 1979, he has been a faculty member at Colorado State University. Currently, he is a University Distinguished Professor, holds the Barbara Cox Anthony University Endowed Chair in Orthopaedics, and is the Founding Director of the Orthopaedic Research Center. He also has a referral equine orthopedic surgical practice based in Southern California and is a consultant and surgeon for clients elsewhere in the US and Ireland, England, France, and New Zealand. His research interests focus on equine orthopedic surgery and translational joint disease research, including novel treatments for osteoarthritis and articular cartilage repair, mesenchymal stem cell therapies, and early diagnosis of osteoarthritis and pre-fracture disease using imaging and fluid biomarkers.
He has received multiple awards, including the Founders Award and Legends Award from ACVS, induction into the International Equine Research Hall of Fame, the John Hickman Award from the British Equine Veterinary Association, the AAEP Research Award, the AVMA Lifetime Excellence in Research Award, the Markowitz Award from the Academy of Surgical Research, the Marshall R. Urist MD Award from ORS and is an Honorary Fellow of ICRS.
One of the most valuable skills in today’s world is the ability to improvise.
Improvisation is not just about making things up on the spot but also about adapting to changing situations, finding creative solutions, and collaborating with others.
In this episode, Billy and Shaun Peterson sit down with Ryan Sullivan, CFP®, CRPC®, RCC™, Vice President and Managing Director, Applied Insights for Hartford Funds.
They explore the power of applied improvisation in finance, health, and mindset. They highlight the concept of “Yes, And” and its impact on problem-solving and creativity. Additionally, Ryan explains how improvisation can be applied in everyday life, shares brain-boosting exercises, and explores the art of explanation and active listening.
Together, they discuss:
The origins and uses of applied improvisation in various fields such as business, leadership, and caregiving
How the “Yes, And” mindset can be applied to business and communication
An improvisation exercise and how it can be used in various scenarios
The importance of challenging the brain in new ways to create new connections and reduce the risk of cognitive decline
How to use a simple exercise to improve communication skills at work and in personal relationships
Studies showing the positive effects of applied improvisation on brain health, communication, and overall well-being
Ryan Sullivan is a vice president and managing director of applied insights for Hartford Funds. He leads communication workshops around the country and speaks on a variety of financial and practice management topics, with a focus on retirement research from the MIT AgeLab. To date, Ryan has provided insights to audiences in 46 states and Puerto Rico, as well as led over a thousand webinars.
Ryan originally joined Hartford Funds in 1996, holding various roles of increasing responsibility. He left the company in 2012 as a vice president of advanced markets. Prior to rejoining Hartford Funds, Ryan founded a business to coach professionals on public speaking and impactful communication. He was later hired by his largest client, financial-planning software company Envestnet MoneyGuide, where he was vice president and head of investor education.
In addition to his role at Hartford Funds, Ryan volunteers his time and communication expertise to help others. Since 2012, he’s led communication workshops at UNC Charlotte’s Center for Leadership and Community Engagement. He also volunteers to help empower athletes with disabilities, people experiencing homelessness, and those living with Alzheimer’s and dementia. Ryan serves on Hartford Funds’ Diversity, Equity, and Inclusion Advisory Council.
Ryan is a registered representative of Hartford Funds Distributors, LLC, and is FINRA Series 7 and 63 registered. He holds his Life, Health, and Variable Products licenses and has earned the Certified Financial Planner (CFP®), Chartered Life Underwriter (CLU®), Chartered Financial Consultant (ChFC®), Chartered Retirement Planning Counselor (CRPC®), and Chartered Mutual Fund Counselor (CMFC®) designations. He’s a Fellow of LOMA’s® Life Management Institute and is also a Registered Corporate Coach (RCC™).
Originally from Hartford, Connecticut, Ryan attended Bucknell University, where he earned a bachelor’s degree in business administration. He currently lives in Charlotte, North Carolina, with his wife, Katie.
Staying informed about the economy, market trends, and emerging technologies is crucial for investors and professionals.
Will artificial intelligence guide a new era of job creation?
In this episode, Billy and Shaun are joined by Bob Kaynor, Portfolio Manager at Hartford Schroders to hear his insights on the current market, the impact of higher interest rates on small and mid-sized companies, and his approach to portfolio building in the technology sector. Together they also discuss the potential impact of AI on the workforce, including potential scenarios of job creation or elimination.
Throughout the episode Bob shares:
His background, education, and experience in small and mid-cap equities, as well as his role at Hartford Schroders
Current market conditions and the potential for broadening growth opportunities
Perspective surrounding AI and how it may impact the employment rate
The potential in real estate, including single-family rental home REITs, and the challenges in the energy sector
Robert “Bob” Kaynor, CFA, is the Portfolio Manager for the Hartford Schroders US Small Cap Opportunities Fund and Hartford Schroders US MidCap Opportunities Fund. He joined Schroders as a Senior Equity Analyst in 2013 and became Research Director in 2014.
Prior to joining Schroders, Bob was the Chief Investment Officer and Managing Member at Ballast Capital Group from 2010 to 2013, which involved managing a fundamental long/short portfolio.
Bob was a Managing Director/Portfolio Manager at Ramius Capital Group from 2003 to 2010, which involved co-managing a hedged equity product.
He was a Partner/Analyst at Barbary Coast Capital Management from 2000 to 2003, which involved co-managing a long/short equity hedge fund focused on small and mid-cap equities.
Bob began his investment career in 1994 when he joined RCM Capital Management as an Analyst/Assistant Portfolio, which involved working exclusively on a domestic long-only small-cap product recommending and covering equities.
Few journeys are as exhilarating and transformative as those of a jockey.
The rush of adrenaline during races and the intricate partnership between humans and horses all come together to tell a story of talent, perseverance, and passion.
In this episode, Kip Didericksen, a renowned former jockey shares his journey from the race tracks to being a business owner, highlighting how the value of hard work and strategy contributed to his success. He also talks about memorable horses and people, and the races that taught him valuable lessons.
Kip discusses:
His childhood as a member of a racehorse family and how he idolized jockeys
The talent level and competition among jockeys at Los Alamitos
His standout horses and the trainers who supported him
A look back at his most successful season when he was the leading rider and won multiple races
His experience of being treated poorly by a fellow jockey and how it motivated him to always help others
Most people want immediate results and instant gratification, but, the best results are often generated when you practice the basics of persistence and consistency.
In today’s episode, Billy, Shaun, and Cade share some of the tried and true actions and mottos that they use in their personal and professional lives. From being a little “old-fashioned”, to believing in the power of quieting your mind in order to calm your nerves, the men at Peterson Wealth Services understand how seemingly minor actions can produce significant results.
With this episode, you will learn:
The importance of starting early in building wealth and investing
Why investors should not solely rely on safe investments
How inflation affects the purchasing power of CD rates over time
The benefits of setting up automatic investments and focusing on long-term trends
For centuries, horse racing has captivated enthusiasts worldwide.
However, beyond the flashy and glamorous racetrack, the industry intersects heavily with the business world.
In this episode, Billy and Cade Peterson chat with Pierre Amestoy, a prominent figure in the horse racing industry. Pierre shares his story, from working in the family drywall business to having a successful business in the construction industry and what led him to enter the horse industry. Additionally, Pierre emphasizes the importance of putting money to work, pursuing passions, and taking risks.
Pierre discusses:
How he got involved in horse racing, the challenges of the industry, and his success with buying and selling horses
The qualities of successful horse trainers and the significance of a winning attitude
Why he chose to amalgamate his drywall business with land development
The risks faced by business owners due to inflation and rising interest rates
The importance of finding something that makes you different from your competition
Managing a business has its share of trials and tribulations, from economic uncertainty and market fluctuations to finding a healthy balance between work and life.
In this episode, Billy and Shaun Peterson chat with third-generation business owner Nate Reeve of Reeve & Associates, Inc, about why he chose to buy out his father to become owner and principal of the development firm. Listen as he shares insights about his journey in the engineering industry and how his business continues to excel while navigating economic ups and downs.
Join Billy, Shaun, and Nate as they discuss:
How Nate became involved in the business and the pressures of following in his family’s footsteps
The impact of the economy, namely recessions and inflation on businesses
Nate’s experience of having a brain tumor removed and the importance of relying on others for support
The challenges of government regulations and the impact of interest rates on businesses
Nate Reeve’s career began at the young age of 9 by helping his dad with surveys and blueprinting construction plans.
After many years of working side by side with his dad, Nate took over the company in 2010 as president. Nate graduated from Utah State University with his degree in civil engineering in 2000. As a licensed professional civil and structural engineer, his project portfolio includes large-scale land development projects with full-on and off-site infrastructure improvements as well as site development projects for the commercial, industrial, residential, and public building sectors. Nate has served as the American Society of Civil Engineers (ASCE) president and was the first recipient of the Enterprise 7 Elite Award.
Nate is married and has two sons and two daughters. Outside of work, Nate is a lover of sports. He enjoys playing basketball, pickleball and golf, and water sports. He also loves traveling to Lake Powell and spending time with his family.
