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
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.
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
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.
