Your Path to Real Wealth

An Expert Conversation on Alternative Investments with Dave Jensen from Sandlot Partners (Ep. 23)

When it comes to alternative investments and deciding how to diversify your portfolio, how much you should be investing, and the risk that comes with it, you need an expert to help guide the way. In this episode, Jeff Brimhall, Ph.D., CFP®, CFA, and Benjamin Cummings, Ph.D. CFP®, are joined by Dave Jensen, an expert in the alternative investment space. Around three years ago Dave co-founded a private investment firm called Sandlot Partners, focused on two key areas: experts and alignment. Dave discusses:  * Some alternative ways you can diversify your portfolio * Some drawbacks when considering the risks that come with these types of investments * Alignment and what that means for Sandlot Partners * Some of his successful alternative investments * And more Connect with Blue Barn Wealth: * info@bluebarnwealth.com [info@bluebarnwealth.com] * (801) 466-4101 * Blue Barn Wealth [https://bluebarnwealth.com/]  * LinkedIn: Jeff Brimhall [https://www.linkedin.com/in/jefftbrimhall/] * LinkedIn: Benjamin Cummings [https://www.linkedin.com/in/benjamin-cummings/] * LinkedIn: Blue Barn Wealth [https://www.linkedin.com/company/bluebarnwealth/about/] * Facebook: Blue Barn Wealth [https://www.facebook.com/bluebarnwealth/] * Twitter: Blue Barn Wealth [https://twitter.com/bluebarnwealth] * Instagram: Blue Barn Wealth [https://www.instagram.com/bluebarnwealth/?hl=en] Connect with Dave Jensen: * LinkedIn: Dave Jensen [https://www.linkedin.com/in/dave-jensen-4292202/] * Sandlot Partners [https://sandlotpartners.com/] About Our Guest:  Dave Jensen is the Co-Founder & Managing Partner of Sandlot Partners, an independent private investment firm. Sandlot partners with exceptional founders and management owners who believe in the long-term potential of their business and provides them with growth capital, strategic guidance, and/or partial liquidity. Sandlot’s investors include family offices and strategic individuals that provide patient capital and seek strong alignment. Dave is a Co-Founder of Beacon Data, an expert data strategy and implementation consultant serving the private equity community. Helping tech and business leaders solve pain points and drive value through modern data infrastructure, analytics, and AI. Guiding light to companies serious about digital transformation and turning data into a strategic advantage. Dave enjoys spending time outdoors with his wife Liz and their 5 children. In addition to being an avid golfer, skier, hiker, and movie watcher, Dave is a former professional baseball player (KC Royals 3rd-round pick). Dave also volunteered and worked in Latin America over 3 years where he became passionate about and keeps up with the amazing people, culture, and Spanish language.

The Basics of Comprehensive Financial Planning (Ep. 22)

You could have the best financial plan only to worry when dealing with an emergency. How can you avoid feeling uncertain about your plan before that happens? In this episode, Jeff Brimhall, Ph.D., CFP®, CFA, and Benjamin Cummings, Ph.D., CFP®, focus on what comprehensive financial planning means and what it looks like for clients. They explore strategies to focus a financial plan on the client’s needs and goals while sharing tips to prevent miscommunication with loved ones in case of an emergency. Jeff and Ben discuss:  * The value of a comprehensive financial plan * The role of an advisor in building a client’s dream future * What’s included in a comprehensive financial plan * How estate planning benefits from a comprehensive financial plan * And more Connect With Blue Barn Wealth: * info@bluebarnwealth.com [info@bluebarnwealth.com] * (801) 466-4101 * Blue Barn Wealth [https://bluebarnwealth.com/]  * LinkedIn: Jeff Brimhall [https://www.linkedin.com/in/jefftbrimhall/] * LinkedIn: Benjamin Cummings [https://www.linkedin.com/in/benjamin-cummings/] * LinkedIn: Blue Barn Wealth [https://www.linkedin.com/company/bluebarnwealth/about/] * Facebook: Blue Barn Wealth [https://www.facebook.com/bluebarnwealth/] * Twitter: Blue Barn Wealth [https://twitter.com/bluebarnwealth] * Instagram: Blue Barn Wealth [https://www.instagram.com/bluebarnwealth/?hl=en]

Exploring A Better Economic Life Through Outdoor Experiences with Mark Widmer (Ep. 21)

Wouldn’t it be incredible to learn about the economics in life through an outdoor experience that allows you to immerse yourself in a curriculum that helps young adults fully become responsible with their money in life? In this episode, Jeff Brimhall, Ph.D., CFP®, CFA, and Benjamin Cummings, Ph.D., CFP® are joined by BYU Professor Mark Widmer who teaches an integrated course on the economy of life. He is focused on leading the youth in a positive direction through performance management at the Marriott School of Business. Mark discusses:  * An overview of the course he teaches, “The Razor’s Edge,” and his area of expertise including therapeutic recreation, evidence-based programming, identity development, organizational behavior, and performance management * How he offers his students a new perspective on relationships in their lives that can help build their identity * How the outdoor experience and break from technology that occurs in the curriculum provides his students with psychological and physical benefits * And more Resources: * How Will You Measure Your Life [https://a.co/d/3hfQ2cx] by Clayton Christensen * Intrinsic Motivation and Self-Determination in Human Behavior (Perspectives in Social Psychology) [https://a.co/d/5r82C4j] by Edward L. Deci * The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness [https://a.co/d/hrVF6t0]by Morgan House Connect with Mark Widmer: * LinkedIn: Mark Widmer [https://www.linkedin.com/in/mark-widmer-392a8627/] * BYU Marriott School of Business [https://marriott.byu.edu/directory/details?id=5263] Connect with Blue Barn Wealth: * info@bluebarnwealth.com [info@bluebarnwealth.com] * (801) 466-4101 * Blue Barn Wealth [https://bluebarnwealth.com/]  * LinkedIn: Jeff Brimhall [https://www.linkedin.com/in/jefftbrimhall/] * LinkedIn: Benjamin Cummings [https://www.linkedin.com/in/benjamin-cummings/] * LinkedIn: Blue Barn Wealth [https://www.linkedin.com/company/bluebarnwealth/about/] * Facebook: Blue Barn Wealth [https://www.facebook.com/bluebarnwealth/] * Twitter: Blue Barn Wealth [https://twitter.com/bluebarnwealth] * Instagram: Blue Barn Wealth [https://www.instagram.com/bluebarnwealth/?hl=en] About Our Guest:  Mark Widmer has a passion for applying theory and research in experience contexts to help individuals, families, and leaders thrive. As a professor and associate chair of Experience Design & Management, he teaches in the MBA and Executive MBA programs at the Marriott School of Business at Brigham Young University. He conducts and publishes research and maintains strong industry connections through consulting.

Solo 401k Planning with Rachel Nabers (Ep. 20)

Do you have a side business, or are you an entrepreneur looking for a way to save independently for retirement?  Are you aware of the inner workings of a solo 401k and how it differs from a regular 401k?  We have the answers you need! In this episode, Jeff Brimhall, Ph.D., CFP®, CFA, and Benjamin Cummings, Ph.D., CFP®, are joined by Rachel Nabers, one of the world’s experts in solo 401k’s, to discuss what exactly they are and how you can use them. Rachel discusses:  * How COVID-19 has affected the onset of one’s career * Insights on what the future of online business models looks like * Contribution limits for a solo 401k * Mega backdoor Roth contributions: what they are and how they work * And more Connect with Rachel Nabers: * Solo401k [https://www.solo401k.com/] * LinkedIn: Rachel Nabers [https://www.linkedin.com/in/rachelnabers/] * Nabers Group [https://www.nabers.com/]  * LinkedIn: Nabers Group [https://www.linkedin.com/company/solo401k/] Connect with Blue Barn Wealth: * info@bluebarnwealth.com [info@bluebarnwealth.com] * (801) 466-4101 * Blue Barn Wealth [https://bluebarnwealth.com/]  * LinkedIn: Jeff Brimhall [https://www.linkedin.com/in/jefftbrimhall/] * LinkedIn: Benjamin Cummings [https://www.linkedin.com/in/benjamin-cummings/] * LinkedIn: Blue Barn Wealth [https://www.linkedin.com/company/bluebarnwealth/about/] * Facebook: Blue Barn Wealth [https://www.facebook.com/bluebarnwealth/] * Twitter: Blue Barn Wealth [https://twitter.com/bluebarnwealth] * Instagram: Blue Barn Wealth [https://www.instagram.com/bluebarnwealth/?hl=en] About Our Guest: Rachel Nabers is one of the leading experts on solo 401k plans. She has a passion for helping entrepreneurs, solopreneurs, and small business owners, who she views as the backbone of the US economy. Rachel works side by side with her husband, Jeff Nabers, CEO and founder of solo 401k.com.

Discover The Power of 1031 Exchanges with Lonnie Nielson (Ep. 19)

Are you a property investor looking to maximize your profits while minimizing your tax liability? Join Jeff Brimhall, Ph.D., CFP®, CFA, and Benjamin Cummings, Ph.D., CFP® for this exciting new episode that dives deep into the world of 1031 exchanges. Listen in as they are joined by Lonnie Nielson, a specialist in 1031 exchanges and the Transaction Coordinator at 1031 Pros. Together they explore the ins and outs of this tax-saving tool and how it can benefit real estate investors. Gain insight into: * The definition and concept of a 1031 exchange and how it benefits investors * How a broad range of properties can qualify for a 1031 exchange * A few of the timeframes and guidelines associated with 1031 exchanges to ensure compliance and avoiding unnecessary tax burdens * Real-life examples that demonstrate the evolution of 1031 exchanges * And more Connect with Blue Barn Wealth: * info@bluebarnwealth.com [info@bluebarnwealth.com] * (801) 466-4101 * Blue Barn Wealth [https://bluebarnwealth.com/]  * LinkedIn: Jeff Brimhall [https://www.linkedin.com/in/jefftbrimhall/] * LinkedIn: Benjamin Cummings [https://www.linkedin.com/in/benjamin-cummings/] * LinkedIn: Blue Barn Wealth [https://www.linkedin.com/company/bluebarnwealth/about/] * Facebook: Blue Barn Wealth [https://www.facebook.com/bluebarnwealth/] * Twitter: Blue Barn Wealth [https://twitter.com/bluebarnwealth] * Instagram: Blue Barn Wealth [https://www.instagram.com/bluebarnwealth/?hl=en] About Our Guest: Lonnie Neilson has been involved with 1031 exchanges for over 30 years. He started his firm, 1031 Pros early in his career, and has assisted investors with over 18,000 exchanges over the years. Lonnie has a Bachelor of Science (BS) in Financial Planning from Brigham Young University.