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Invest Smarter
David DeWitt
49 episodes
6 months ago
Today I have a special guest, Amobi Okugo. Amobi was drafted to the Philadelphia Union in 2010, which just happened to be the inaugural season for the Union. He spent 5 years in Philly and was a starter and an integral part of the team until he moved on in 2015. He then bounced around the MLS for a couple of years, before becoming a free agent and missing a whole year in 2018. He's now been back at it in Austin playing for their USL team, which is the second tier of professional soccer in the...
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Investing
Business
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All content for Invest Smarter is the property of David DeWitt and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Today I have a special guest, Amobi Okugo. Amobi was drafted to the Philadelphia Union in 2010, which just happened to be the inaugural season for the Union. He spent 5 years in Philly and was a starter and an integral part of the team until he moved on in 2015. He then bounced around the MLS for a couple of years, before becoming a free agent and missing a whole year in 2018. He's now been back at it in Austin playing for their USL team, which is the second tier of professional soccer in the...
Show more...
Investing
Business
Episodes (20/49)
Invest Smarter
Professional Athletes and Their Finances with Amobi Okugo
Today I have a special guest, Amobi Okugo. Amobi was drafted to the Philadelphia Union in 2010, which just happened to be the inaugural season for the Union. He spent 5 years in Philly and was a starter and an integral part of the team until he moved on in 2015. He then bounced around the MLS for a couple of years, before becoming a free agent and missing a whole year in 2018. He's now been back at it in Austin playing for their USL team, which is the second tier of professional soccer in the...
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3 years ago
28 minutes

Invest Smarter
Buying a Business for Retirement Income with David Barnett
On today's show, I talk with David Barnett, who is an expert in buying and selling business. I wanted to come at the conversation from the angle of buying a business as an income generating asset in retirement. He had a lot of wisdom to share. We cover: How did David become an expert in buying and selling "main street" businesses?Should you buy or sell a business in retirement?Aligning your business venture to your interestsWhy buying a business and being "hands-off" is an unrealistic...
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4 years ago
50 minutes

Invest Smarter
Is Inflation Suffocating your Cash? Here's how to Combat It.
Today I talk about inflation. Specifically, I talk about where we stand today with inflation, reasons it may subside, and reasons it may continue. I then discuss why it is so damaging to our wallets and cover the specific ways we can combat inflation. Outline of the show Where do we stand with inflation? [1:25] How inflation hurts our wallets [11:45] How to combat inflation [15:00] Where do we stand with inflation? Inflation is currently running hot. The last official reading was 5.4% year...
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4 years ago
28 minutes

Invest Smarter
Why and How to Start a Roth IRA for your Child | Should You Wait for a Dip to Buy Stocks?
Today we talk about Roth IRAs for your kids and why you shouldn't wait for a dip to invest. Outline of the Show Roth IRA for you kids [4:06] Don't wait for the dip [14:00] On today's show, we talk about why and how to open a Roth IRA for your child. Roth IRAs are super powerful. You put after-tax dollars into it, and you take the money out tax-free in retirement when you are over age 59 ½. Now if you have kids, I want you to consider opening a Roth IRA for them. And let me tell you why. He...
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4 years ago
20 minutes

Invest Smarter
Does Bitcoin Provide Portfolio Diversification? | Why are Rising Rates Bad for Tech Stocks?
Rising rates, in theory, are bad for tech stocks. Is that always true? I dive in with the help of a recent article from Ben Carlson. Next, I look into how adding a bit of bitcoin to your portfolio could mean you are investing like a Nobel Prize-winning economist. Finally, we answer a listener's question about retiring early before a feared financial disaster in the economy. Outline of This Episode [] Are rising rates bad for tech stocks? [] Can Bitcoin help you diversify your portfolio? [] W...
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4 years ago
19 minutes

Invest Smarter
Investing in Megatrends - Industries that are Shaping Our Future
More Volatility Market volatility stayed elevated last week as interest rates made a move higher, a government shutdown loomed, and a major infrastructure deal hangs in the balance. Yet, the market is still less than 5% down from its all-time highs. Since we spent 220 plus days straight less than 5% from the highs, (S&P 500) it is natural that the first bout of volatility catches some of us off guard and causes us to make irrational decisions. Let's make sure that if this much volatility ...
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4 years ago
58 minutes

Invest Smarter
Will Evergrande Affect the United States? | What you need to Know from the New Tax Proposal
We finally had significant market volatility on Monday of last week (9/20/2021) as fears that a huge property developer in China, Evergrande, was going to default on its massive pile of debt and cause a 2008 style crisis all over again. Well, before we could blink, it was over and the market came right back. However, could that have been the crack in the Armor? Also, we discuss how earnings calls can predict the performance of a stock, and how recent earnings calls show that inflation i...
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4 years ago
21 minutes

Invest Smarter
Should I Roll Over my Old 401k to an IRA? (EP.45)
Do you have any 401(k)s left behind with previous employers? Should you keep them? Research shows that you could be leaving a small fortune of money on the table if you do. We get into this today on the show. Also, we talk about a recent headline from CNBC about "stock growth coming to a peak," how Bitcoin gets lost and found, and why the obesity pandemic is such a mystery. Today's headlines Four reasons stocks may be approaching 'peak growth’ and what that may mean for investors A fat...
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4 years ago
35 minutes

Invest Smarter
Investing in Innovative Companies with Innovation Expert Dan Toma (EP.44)
Today I talk about investing in companies that actually innovate with Dan Toma, an innovation expert who helps companies transform into innovative machines. But first, I talk about some staggering stats about how underprepared baby boomers are for retirement, and how legislative changes are coming to make saving for retirement easier and more flexible. Outline of this Episode [1:45] Baby Boomer's underprepared for retirement headline [5:25] Interview with Dan Toma Baby Boomer's are ...
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4 years ago
52 minutes

Invest Smarter
Bitcoin is Moral and Fiat Money is Not - with Jimmy Song
Jimmy Song has written three books. His latest is called Thank God for Bitcoin, and he gets into why the current financial system is corrupt and why Bitcoin can fix it. And that is what we get into today. He is hands down the most interesting person I have talked to regarding Bitcoin and cryptocurrency. What you'll learn: What is a Bitcoin MaximalistWhat is BitcoinCommon arguments against Bitcoin and the RebuttalWhy Bitcoin is not like the Tulip BubbleWhy Bitcoin is volatileCan Bitcoi...
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4 years ago
54 minutes

Invest Smarter
The FIRE Movement - Take Control of your Future with Susana Selles (EP.42)
Today I am joined by Susana Selles. She is engineering her way to Financial Independence Retire Early- FIRE. Susana is doing this by investing smarter, not harder, and has a unique perspective on asymmetric investments. She is a huge proponent of cryptos and blockchain, and she tells us about its potential. She is the host of her own excellent podcast called Say YES to FIRE: Financial Diaries of a Millennial.
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4 years ago
55 minutes

Invest Smarter
What is Embedded and Decentralized Finance? How has Fintech Changed how we Bank and Invest? (EP.41)
What's this episode about?My guest for this episode is Tristan Pelloux. He is passionate about all things fintech and is the founder of Fintechreview.net, a media website that has a mission to demystify the world of fintech. In today's show, we get into some topics you may have heard of before but aren't really sure what they mean. After listening to this episode, you still may be confused about exactly what embedded, and decentralized finance is, but I think you'll have a better idea. Becaus...
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4 years ago
48 minutes

Invest Smarter
(EP.40) Keeping a Global Perspective with Award-Winning Money Manager, Jonathan Baird CFA
Keeping a global perspective on markets is a must if you want to be the best investor you can possibly be. Today's guest, Jonathan Baird CFA, knows all about this. He was able to see trouble from COVID-19 coming early because his global research kept him astutely aware of all the action regarding the virus before it hit our shores in the USA.Jonathan is the author of the monthly report called the Global Investment Letter. After reading a few of these myself, I knew I was in for a treat. He ha...
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4 years ago
56 minutes

Invest Smarter
(EP.39) The Power of the Solo 401(k) with Daniel Blue
With a solo 401(k), you have so much more flexibility when it comes to your retirement account. This week we have solo 401(k) expert Daniel Blue on the show to give the lay of the land. One of the biggest pain points with your traditional 401(k) is the incredibly limited menu of investment selection. With a solo 401(k), your investment universe is virtually unlimited, allowing you to make your retirement dollars work for you the way you want them to. A solo 401(k) can give you the flexibility...
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4 years ago
41 minutes

Invest Smarter
(EP.38) Banking on Yourself with Mark Willis, CFP®
Mark Willis is a man on a mission to help you think differently about your money, your economy, and your future. He graduated with six figures of student loan debt and watched everybody lose their retirement savings and home equity in 2008. He knew that he needed to find a more predictable way to meet his financial objectives and those of his clients. The Bank on Yourself™ that Mark employs has its critics, but from my research and conversations with others, I believe it can be a great strate...
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4 years ago
44 minutes

Invest Smarter
(EP.1) Make the Markets Boring Again | The Low Vol Anomaly Explained (Youtube Video)
This is the first episode of our new midweek episodes, where we will be talking all about retirement planning and investing topics in a shorter format. All of these episodes will be best enjoyed on our YouTube channel, where graphics will accompany the audio. We hope you enjoy this new expansion of our Podcast/YouTube channel. In this 15 minute podcast, you will learn what it is, why it's so surprising, theories as to why it has occurred, and reasons it may continue. In short, the age-o...
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4 years ago
15 minutes

Invest Smarter
(EP.37) Democratizing Access to Human Financial Advice with Brian Thorp
Today I talk with Brian Thorp, the founder of WealthTender. Wealthtender is an online service that can help individuals identify and discover financial resources that they might require- whether it's a financial advisor, financial coach, educational podcasts, and more. We talk about the critical role human financial advisors can play for individuals, we talk about how finding the right advisor doesn't mean they have to be down the street from you, and much more.He also turns the tables on me ...
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4 years ago
37 minutes

Invest Smarter
(EP.36) Growth, Inflation, Modern Monetary Theory and more with Herb Morgan
On this week's show, we are back talking about investing and the markets. Our guest is Herb W. Morgan of Efficient Market Advisors. Herb is a sharp guy, and we get into several interesting and relevant topics. We dive into inflation, and the interesting market reaction to the latest Federal Reserve update to increase their inflation forecast. However, they still maintain that inflationary pressures are largely transitory. Herb believes the bifurcated market reaction, with value stocks all of ...
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4 years ago
49 minutes

Invest Smarter
(EP.35) Investing In Yourself with Million Dollar Collar Founder Rob Kessler
Investing smarter can mean a lot of things. In the case of serial entrepreneur Rob Kessler, it means investing in yourself. After starting a screen printing and embroidery business, one thing led to another and he learned early that the best investment was in himself. It makes sense because he has a good track record! He also appreciates the importance of diversification, which is important for many entrepreneurs. In this show, he shares his story, gives valuable advice for entrepreneurs, and...
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4 years ago
51 minutes

Invest Smarter
(EP.34) How Abbie Leibowitz Started a Business to Simplify Health Insurance
Abbie Leibowitz pioneered an industry of heath advocacy when he co-founded Health Advocate. Listen to his story as he talks about his early career as a pediatrician and how he then found himself as the Chief Medical Officer of the health insurance behemoth Aetna. Abbie has an inspirational story to share, and we hope you enjoy it.
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4 years ago
49 minutes

Invest Smarter
Today I have a special guest, Amobi Okugo. Amobi was drafted to the Philadelphia Union in 2010, which just happened to be the inaugural season for the Union. He spent 5 years in Philly and was a starter and an integral part of the team until he moved on in 2015. He then bounced around the MLS for a couple of years, before becoming a free agent and missing a whole year in 2018. He's now been back at it in Austin playing for their USL team, which is the second tier of professional soccer in the...