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  • 00:51

    Ron Nawrocki - Wealth DNA

    in Finance

       2015 in the Rearview Mirror - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. During this show you, your family and I will take some time to reflect on this past year. We’ll reflect on some of the great shows that we had on Wealth DNA radio, and some of the key ideas shared by our guests. Naturally, if you have some questions about those topics, this will be a good time to ask. Or maybe certain shows had a profound impact on your wealth building ... and you’d want to share that with our other listeners?
     
            I’ll also share my list of favorite books for savers and investors of all ages to read. For the books you read many years ago, maybe it would be worth re-reading them, and thinking about who in your family & among your friends would benefit by reading it. There’s still plenty of room to add more people to our list of prospective millionaires, so why not include more of your family & friends? To prepare, jot down your questions, and make a list of your favorite books on personal finance ... then grab a cup of coffee, tea, glass of wine, or your favorite beverage and join us for the 2015 in the Rearview Mirror ...
     

  • 01:17

    Ron Nawrocki - Wealth DNA

    in Finance

     What will 2016 Bring? - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. Since this is our 1st show of the New Year, we’ll dust off the Crystal Ball and together gaze into it to get a clearer view for what we can expect in 2016. Is it time to dig into our margin accounts & invest 140% of our money to capture all the opportunities? If so, which asset classes should we investing in & which should we avoid? Or is it time to dig a hole in the backyard & bury all our cash, precious metal and other valuables to avoid losing money?
     
           Our returning guest to discuss What will 2016 Bring? is H.L. (Buster) Quist, aka the Myth Buster. He has an excellent track record of predicting turning points by following many trends & connecting seemingly unrelated events. Given his track record in predicting market cycles, what questions would you want to ask him? Are you excited or worried about the dramatic decline in oil prices? Depending on where you live you may be concerned about the buying power of your local currency. What would happen to your portfolio if both the 7 year bull market in equities & 40 year bull market in bonds suddenly reversed in 2016? What hedges do you have in place?
     
          This show should be at or near the top of your New Year priorities, and during the hour we just might suggest a few more priorities! You've survived to see 2016, so join us for this show and make sure your portfolio survives & thrives another year ! Prepare your questions, and grab a cup of coffee, glass of wine, or your favorite beverage and join us on Wealth DNA radio for What will 2016 Bring? ...

  • 01:12

    Ron Nawrocki - Wealth DNA

    in Finance

       Year-end Tax Planning - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. During this show we’ll talk about everyone’s favorite topic ... TAXES ! We all know tax planning should be an ongoing process, with rolling horizons, and yet there is nothing like seeing December 15th on your calendar, and realizing there's little time left to change your income tax obligations for the year. But our listeners & optimistic investors will realize that there’s still a little time left ! So we’ll do our best to cover some of the most important tips to help you manage your taxes for the year.
     
           Our guest to discuss Year-end Tax Planning is Jocelyn Wright, MBA, CFP. and Assistant Professor of Women's Studies The American College of Financial Services. She is also Director of the Center for Women and Financial Services there. Concurrently, Jocelyn is the Founder and Managing partner of The Ascension Group, where as an advisor she works with her clients to design a personalized strategy to help them reach their financial goals.
     
            Did you have some extra income you don't want to share with the tax wo/man?  Maybe you started a new company? Or you had significant expenses or losses and wish you could spread the effect across several years? Regardless of your situation  ... prepare your questions, and grab a cup of coffee, tea, glass of wine, or your favorite beverage and join us on Wealth DNA radio for Year-end Tax Planning ...
     

  • 00:59

    Ron Nawrocki - Wealth DNA

    in Finance

    Millennial’s Investing Habits - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. During this show we’ll talk about our younger listeners who are usually referred to as Millenials or Generation Y. We’ll discuss how they invest or don’t invest, and why or why not. We’ll also drill down to the specific differences between them and their Baby Boomer or Generation X counterparts.
     
           Our guest to discuss Millennial’s Investing Habits is Philip Racusin, senior associate of Pagel, Davis & Hill, P.C., and he specializes in litigation. He is also CEO and co-founder of EnergyFunders, an online platform that directly connects investors to small and micro-cap oil and gas projects across the U.S. If you don’t know much about the differences between how the various generations invest, or if you wonder what the connection is with EnergyFunders, ... prepare your questions, and grab a cup of coffee, tea, glass of wine, or your favorite beverage and join us on Wealth DNA radio for Millennial’s Investing Habits...

  • 00:58

    Ron Nawrocki - Wealth DNA

    in Finance

       Kairos Moments in Your Life - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. During this show we’ll reflect on what made you the saver & investor you are today. The key moments in your life that defined who you are, why you invest the way you do, and thus your Wealth DNA. Are you happy with the size of your portfolio & the level of passive income it generates? If you could re-live some key moments in your past, are there some things you would do differently? Are there some decisions you would change? Have you repeated some errors several times?
     
            Where you are today is merely a point in time & space, and yet it’s the starting point for where you want to be in the future. Understanding the path you took to get here, may just help you assess how to proceed on the next leg of your journey. Does your personal financial plan looks like a “hockey stick”, with the recent past declining, and the plan is to reverse course and shoot up at a pace that achieves your goals? If so, you’ll have to answer a simple question: “What Kairos moment will lead to that reversal?”
     
            If you’re wondering what a Kairos Moment is, or how you know when it occurs – then join us. I’ll share some definitions and a few key moments in my life. Using those examples will allow you to understand the Kairos Moments in your own life. Ultimately you’ll want to use what you learn to understand the Kairos Moments in the lives of the people closest to you. Were you a part of their key moments? What can you do to help others increase their Wealth DNA? So grab a cup of coffee, tea, glass of wine, or your favorite beverage and join us for the Kairos Moments in Your Life ...

  • 01:04

    Ron Nawrocki - Wealth DNA

    in Finance

     Crowdfunding Locally - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. During this show we’ll talk about 2 fairly new aspects of investing ... Crowdfunding & Investing locally. New and yet returning to traditional investments that took place 100 years ago. So which is it ... new or is it Déjà vu? Since very few of our listeners were investing that long ago, only you can decide after you listen to the show.
     
           On our last show we talked about Alternative Investments, and this topic fits squarely into that category. It’s not something you’ll want to move 100% of your portfolio into by year-end, but certainly something we all need to learn more about. Our guest to explain Crowdfunding Locally is Marshall Saunders, Managing Partner of SaundersDailey an online investment marketplace focused on real estate opportunities. Although the company is currently focused on the US mid-West don’t be surprised to see their marketplace expand throughout the US in the near future.
     
           If you’re not already investing in real estate, not familiar with Crowdfunding, or didn’t know there were ways to invest in your local market ... listening to this show needs to be high on your priority list! So prepare your questions, and grab a cup of coffee, tea, glass of wine, or your favorite beverage and join us on Wealth DNA radio for Crowdfunding Locally ...
     

  • 01:06

    Ron Nawrocki - Wealth DNA

    in Finance

       Bond’s the Name - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. During this show we’ll deal with an asset class nearly twice the size of the equity market – namely the bond market. That statistic holds in the US as well as worldwide. So why do investors spend so much time watching and tracking the equity market and so little time tracking the bond market? On the other hand, if most Financial Advisors recommend having 60-80% of a portfolio in equities and the remainder in bonds & cash ... how can more money be invested in bonds than in equities?
     
           The bond market in the US and most of the world has been rising for the past 35 years. That would seem to be a long enough horizon for basing future predictions – or is it? To answer these questions and to give us some guidance on how to navigate the bond market in the future, we’ve asked Laura Digan to be our special guest. Laura Digan is the Director of the RIA Bond Desk helping Registered Investment Advisers (RIA’s) with their fixed income needs. She is also a principal trader with RM Stark and Co, Inc.
     
           We highly recommend this show to all investors who count on bonds for fixed income, and it should be mandatory for investors who have gains on bonds in their portfolio. So prepare your questions, then grab a cup of coffee, tea, glass of wine, or your favorite beverage and join us for Bond’s the Name ...

  • 01:08

    Ron Nawrocki - Wealth DNA

    in Finance

     Bankruptcy: Investor’s Perspective - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. During this show we’ll share a wealth of information on topic that investors & savers seldom have to deal with – Bankruptcy. It’s very rare that investors file bankruptcy, but there was clearly a surge during the Great Recession. Have you wondered why? Certainly they weren’t all clients of Bernie Madoff or MF Global.
     
    As we heard on a recent show, our portfolios can be negatively affected by one of our publicly traded investments filing for bankruptcy. Is that the only time you have to worry about bankruptcy? Let’s not forget about investments in private companies, landlords dealing with tenant bankruptcy, private mortgage lenders, and business owners who have clients file bankruptcy. What about your bank CD’s if the FDIC filed for bankruptcy? Municipal bonds if a city files bankruptcy? Or what about Treasury Bills or other sovereign debt if that country files bankruptcy?!
     
    Our guest David Knapper, Principal of Knapper Law in Phoenix AZ specializing in Bankruptcy, Business Law, and Commercial Litigation. He earned his BS cum laude from Drake Univ. and his JD with honors from the Univ. of Iowa. Mr. Knapper holds a 5 star rating by his peers, is a member and past President of the Arizona Trustee Assoc. I had the opportunity to meet him as the expert brought in by AZREIA to educate real estate investors about the perils and opportunities in bankruptcy.
     
    Unless you’re one of the few investors who are well versed on how to deal with the various types of bankruptcies, or you expect to be lucky and avoid being impacted for the rest of your life ... grab a cup of coffee, tea, glass of wine, or your favorite beverage and join us for Bankruptcy: Investor’s Perspective ...

  • 01:06

    Ron Nawrocki - Wealth DNA

    in Finance

      OPM & Infinite Banking - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. During this show we’ll deal with an aspect of OPM that only 2% of investors are aware of. We hope you’ll be able to take advantage of it to build your wealth. If you’re wondering if these OPM strategies really work – I can assure you I take full advantage of them and have build my wealth by doing it, and doing it well. In other words I don’t just talk the talk, “I walk the talk”.
     
           Once you understand that it’s not difficult to earn more on your investments than it costs to borrow today, you’ll want to take advantage of as many sources of low cost debt as possible. Our goal is to share those sources with you ! If you have some pre-conceived notions about buying insurance, or have been frustrated getting loans from banks, then maybe it's time to learn about “Infinite Banking”. You should have no problem developing a good relationship with this new banker and qualifying for a loan, since you will “Be Your Own Banker”! So rather than paying interest to someone else, why not pay it to yourself? If this sounds too good to be true, or you've never heard of this concept, I'm sure you'll really enjoy this show.
     
         Our guest Thomas DeSchutter , a Partner at Bloom Strategies and vice-chair of the Small Business Council at the Vancouver Board of Trade, has a background in financial planning and helps clients create inter-generational wealth.
     
    Just imagine that the only debt you have at retirement is debt to yourself, then grab a cup of coffee, tea, glass of wine, or your favorite beverage and join us.

  • 01:01

    Wealth DNA - Ron Nawrocki

    in Lifestyle

    Other People's Money - Part I
          The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. During this pre-recorded show we’ll deal with one of the most contentious debates – Should I pay off my mortgage early? If not, then how should I invest that money? And this topic is directly related to some of the most common questions we get: Is there good debt, or is all debt bad? What is the highest return guaranteed investment? Should I ignore the financial advice I got from my parents & grandparents? Where will I get the money for a down payment or to invest in a new business? What's the source of some of these commonly held beliefs?
     
           This show will take some listeners outside of their comfort zone, since we’ll be challenging their long held beliefs. Long held beliefs are just like habits we’ve developed over many years. We don’t question why we do what we’ve always done, unless someone points out the benefits of changing, or the risks of continuing. The key question you should consider during this show: Would I rather be debt free, or financially free? 
     
           We’ve tried to anticipate & answer your key questions, since you won’t be able to ask them during this show. This show was originally recorded on July 11, 2011, against a backdrop of Declaring Independence. Are you ready to Declare Financial Independence? If so grab a cup of coffee, tea, glass of wine, or your favorite beverage and join us for the Other People’s Money – Part I ...


     

  • 01:07

    Ron Nawrocki - Wealth DNA

    in Real Estate

     State of the Housing Market - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. During this show our returning guest Michael Orr will help educate us on a major asset class, which affects each of us whether we invest in residential real estate, we own a home, or we rent. I've said before that once housing prices start to rise rapidly, we can expect housing to be kicked out of the US CPI just like food & energy. Although as far as I know, we don't have a single listener who can avoid eating, consuming energy, and living somewhere !
     
           It's been a full 3 years since we had Michael Orr on the show, and I forget that most listeners don't have regular access to the information he provides in the Cromford Report and as Director of the Real Estate Center Theory & Practice at the WP Carey School of Business at Arizona State University (ASU). So you may not know that his prediction on the housing market bottom, the rapid rise, and the plateau in prices starting late in 2013 happened just as he stated. I can assure you, he's not like one of the talking heads just sharing his opinion ... he bases his predictions on facts and trends. And no one has better data on housing than he does.
     
           So has the resurgence of housing prices just begun? Are we in another bubble? And what are the indicators he suggests we use to navigate this important asset class? We'll cover these topics and many more, so prepare your questions for THE expert, grab a cup of coffee, tea, glass of wine, or your favorite beverage and join us for the State of the Housing Market ...