Invested Interest

Investing in the Future: Understanding Blockchain & Crypto with Corey Petty

In this episode of Invested Interest, host Blaise Stevens, Managing Member at Strategic Advisory Partners, sits down with Corey Petty, Chief Evangelist at Logos, to break down the complex world of cryptocurrency. Whether you are a seasoned wealth manager or a curious individual investor, this conversation provides a roadmap for understanding how digital assets are reshaping the financial landscape. What is Blockchain? The Foundation of Digital Scarcity At its core, blockchain is a distributed ledger technology that solves a long-standing problem in the digital world: the "double-spend." Before blockchain, digital items could be easily copied. Now, for the first time, we have digital scarcity. Corey Petty explains that blockchain removes the need for a central middleman (like a bank) by using a global network of computers to verify transactions. This creates a secure, transparent, and immutable record of ownership. Bitcoin vs. Ethereum: Different Assets for Different Strategies Not all cryptocurrencies are built for the same purpose. Investors should distinguish between the "Big Two": * Bitcoin (The Store of Value): Often referred to as "Digital Gold," Bitcoin is a finite asset with a hard cap of 21 million coins. Its value lies in its security and its role as a hedge against traditional currency inflation. * Ethereum (The Utility Network): Ethereum introduced "Smart Contracts," which are programmable agreements that execute automatically. This allows for the creation of Decentralized Finance (DeFi) tools that can replace traditional banking functions like lending and borrowing. Why It Matters for Investment Portfolios The conversation shifts to the practical integration of crypto into investment strategies. Key takeaways include: * The Rise of Institutional Adoption: With the approval of Bitcoin ETFs, digital assets are moving into regulated brokerage accounts, making it easier than ever for traditional investors to gain exposure. * Operational Efficiency: Blockchain can settle global transactions in seconds rather than days, significantly reducing the "friction" and costs associated with moving money across borders. * New Revenue Streams: Through processes like "staking," investors can potentially earn rewards on their holdings, similar to earning interest or dividends in a traditional portfolio. As the infrastructure for cryptocurrency matures, it is evolving from a speculative experiment into a legitimate tool for portfolio diversification. By understanding the underlying technology of blockchain and the specific utility of different tokens, investors can better navigate this "Internet of Value." The information provided in this recording is for informational purposes only. Information presented on this program is believed to be factual and up to date, but we do not guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed.  Discussions and answers to questions do not involve the rendering of personalized investment advice but are limited to the dissemination of general information. While Strategic Advisory Partners makes every attempt to present accurate information, the information in this recording may not be appropriate for your specific circumstances and it may become outdated over time. The views expressed on this podcast are personal opinions only and should not be construed as financial advice for your given situation. Moreover, the views expressed by our guests are not necessarily endorsed by Strategic. Strategic is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Strategic’s investment advisory services can be found in its Form ADV Part 2, which is available upon request.

Big Policy Ideas, Big Consequences: Wealth Taxes, Housing Bans, and Credit Card Caps

Big policy ideas dominate financial headlines, but their real impact is often felt through consequences, incentives, and unintended outcomes. In this episode of Invested Interest, Blaise Stevens, Managing Partner and Wealth Manager, and Chris Harris, Chief Investment Officer and Financial Advisor at Strategic Advisory Partners, share their perspective on several timely policy proposals shaping conversations around money, markets, and personal finance. Throughout the episode, Blaise and Chris break down: * Wealth taxes and the proposed California Billionaires Tax * Efforts to restrict institutional investors from purchasing single-family homes * Government-funded investment accounts for children, often referred to as Trump Accounts * Proposals to cap credit card interest rates at 10 percent Rather than debating political motivations, the discussion focuses on how markets actually respond, how incentives influence behavior, and where well-intentioned policies may create second- and third-order effects. From housing access and credit availability to investing, debt, and long-term planning, the conversation challenges listeners to think beyond the headlines. As always on Invested Interest, the goal is perspective. Policy will change. Markets will adapt. Uncertainty is unavoidable. Disciplined decision-making and long-term thinking remain the most reliable tools for navigating whatever comes next. The information provided in this recording is for informational purposes only. Information presented on this program is believed to be factual and up to date, but we do not guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed.  Discussions and answers to questions do not involve the rendering of personalized investment advice but are limited to the dissemination of general information. While Strategic Advisory Partners makes every attempt to present accurate information, the information in this recording may not be appropriate for your specific circumstances and it may become outdated over time. The views expressed on this podcast are personal opinions only and should not be construed as financial advice for your given situation. Moreover, the views expressed by our guests are not necessarily endorsed by Strategic. Strategic is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Strategic’s investment advisory services can be found in its Form ADV Part 2, which is available upon request.

Zombie Companies, Emerging Markets, and the ONE Question to Ask a Financial Advisor Before Investing With Them

In this episode, we start by unpacking the concept of "Zombie Companies." These are businesses that are barely hanging on, managing to pay off the interest on their debts but not the debts themselves. We explore why these companies emerge and the problems they pose for the economy, such as blocking funds that could be more effectively used elsewhere. Then, we turn our attention to emerging markets. Instead of just focusing on when to invest, we address the common fears and excitement associated with investing in markets that are both new and rapidly changing. Our experts discuss how to find the right balance between caution and eagerness, providing guidance on navigating these dynamic investment landscapes without getting carried away by the hype or deterred by the risks. We conclude the episode with a crucial piece of advice for anyone working with a financial advisor. There's one critical question you should ask, and if they can't answer it, consider it a major red flag. We keep the question under wraps here—you'll need to tune in to find out—but it's a crucial one for ensuring that your advisor's strategy aligns with your financial objectives. The information provided in this recording is for informational purposes only. Information presented on this program is believed to be factual and up to date, but we do not guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed.  Discussions and answers to questions do not involve the rendering of personalized investment advice but are limited to the dissemination of general information. While Strategic Advisory Partners makes every attempt to present accurate information, the information in this recording may not be appropriate for your specific circumstances and it may become outdated over time. The views expressed on this podcast are personal opinions only and should not be construed as financial advice for your given situation. Moreover, the views expressed by our guests are not necessarily endorsed by Strategic. Strategic is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Strategic’s investment advisory services can be found in its Form ADV Part 2, which is available upon request.

What Does it Mean to Aim for 80-100% in Retirement?

In this month's episode of the Invested Interest Podcast, we focus on retirement planning and investment strategies. Our goal is to provide listeners with actionable insights and practical advice to help them navigate their financial journey with confidence and clarity. Throughout the episode, we delve into the fundamental principles of financial planning, emphasizing the importance of setting realistic goals tailored to individual circumstances. We believe that success in financial planning lies in understanding your unique financial situation and crafting a strategy that aligns with your goals and aspirations. One key strategy we discuss is the concept of setting retirement income targets based on pre-retirement earnings. We explore the idea that aiming for 80 to 100 percent of pre-retirement income can provide a solid foundation for financial security in retirement, while also acknowledging the importance of factors such as debt management and lifestyle choices. We also examine the temptation to chase high-risk investments or speculative trends, such as cryptocurrencies or individual stocks, and highlight the risks associated with such approaches. Instead, we advocate for a disciplined approach to saving and investing, focusing on building a diversified portfolio that can withstand market volatility and deliver long-term growth. Throughout the episode, we address common psychological biases that can influence financial decision-making, such as confirmation bias and recency bias, and offer strategies for overcoming these biases to make more informed choices. Ultimately, our aim is to empower listeners to take control of their financial future by providing them with the knowledge and tools they need to make sound financial decisions. Whether you're just starting your financial journey or looking to fine-tune your existing strategy, we invite you to join us on the Invested Interest Podcast as we explore the keys to financial success and security. The information provided in this recording is for informational purposes only. Information presented on this program is believed to be factual and up to date, but we do not guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed.  Discussions and answers to questions do not involve the rendering of personalized investment advice but are limited to the dissemination of general information. While Strategic Advisory Partners makes every attempt to present accurate information, the information in this recording may not be appropriate for your specific circumstances and it may become outdated over time. The views expressed on this podcast are personal opinions only and should not be construed as financial advice for your given situation. Moreover, the views expressed by our guests are not necessarily endorsed by Strategic. Strategic is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Strategic’s investment advisory services can be found in its Form ADV Part 2, which is available upon request.

Money Moves: Retirement Rules, Tax Tactics, and Bezos' Relocation

In this episode, we explore various aspects of financial planning and investment strategies, starting with the debate surrounding the 4% withdrawal rule in retirement planning. Suze Orman advocates for reducing it to 3% due to inflation concerns, while the creator of the 4% rule, Bengtsson, suggests increasing it to 4.5% or even 4.7% in response to inflation. The conversation emphasizes the importance of adapting withdrawal rates based on market conditions and individual client needs rather than adhering rigidly to a fixed rule. Effective communication between advisors and clients is essential, with advisors tailoring their approach to suit each client's preferences and circumstances. We then shift gears to discuss the Buffett Indicator, which signals potential overvaluation in the stock market. However, the discussion underscores the importance of considering the broader economic context, including technological advancements and government policies, when evaluating investment strategies. Investors must also factor in their timeline and the advisor's strategy for responding to market changes. Finally, we delve into Jeff Bezos' recent relocation to Florida and the financial motivations behind this move. By establishing residency in Florida, Bezos, one of the world's wealthiest individuals, can capitalize on the state's lack of income tax, potentially saving millions in taxes. We draw parallels with other high-profile cases like Derek Jeter and Alex Rodriguez, highlighting the broader implications of state tax laws on high-income individuals. However, the conversation emphasizes that while tax savings are a consideration, factors such as quality of life and personal connections should not be overlooked when making relocation decisions. Ultimately, it's essential to strike a balance between financial considerations and overall life satisfaction and fulfillment. The information provided in this recording is for informational purposes only. Information presented on this program is believed to be factual and up to date, but we do not guarantee its accuracy, and it should not be regarded as a complete analysis of the subjects discussed.  Discussions and answers to questions do not involve the rendering of personalized investment advice but are limited to the dissemination of general information. While Strategic Advisory Partners makes every attempt to present accurate information, the information in this recording may not be appropriate for your specific circumstances and it may become outdated over time. The views expressed on this podcast are personal opinions only and should not be construed as financial advice for your given situation. Moreover, the views expressed by our guests are not necessarily endorsed by Strategic. Strategic is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Strategic’s investment advisory services can be found in its Form ADV Part 2, which is available upon request.