Host Mark Struthers CFA CFP® will give you tips and strategies to build wealth on your terms. Mark is a father; he knows how important balance is in our lives. Mark’s focus for the podcast is to give you the tools for well-balanced wealth building, realizing we all have goals beyond making money. Wealth has a different meaning for everyone.
Episodes
Sunday May 08, 2022
14% Down Has Never Felt So Bad.
Sunday May 08, 2022
Sunday May 08, 2022
Inflation. The stock market. Ukraine. The Timberwolves bounced from the 1st round of the playoffs. These are scary times. But spring is finally here in Minnesota, and Mark hopes to provide a little sunshine in this gloomy stock-market storm. The average market drawdown in any given year is 14%. So for 2022, we are average. So why do things seem so bad?
For information about Sona Wealth Advisors: www.SonaWealthAdvisors.com
The Architecture of Wealth Podcast is for educational purposes only. Investment Advisory Services are offered through Sona Financial LLC (DBA Sona Wealth and Sona Wealth Management), a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed during this show/episode should be viewed as investment advice. If you have questions pertaining to your specific situation, please consult your own financial professional.
Friday May 06, 2022
Friday May 06, 2022
I-Bonds. Used to be boring. Now, not so much. As inflation has risen, so has their return. They are not for everyone, and be aware of liquidity issues and penalties, but they could be a great inflation hedge for many.
For information about Sona Wealth Advisors: www.SonaWealthAdvisors.com
The Architecture of Wealth Podcast is for educational purposes only. Investment Advisory Services are offered through Sona Financial LLC (DBA Sona Wealth and Sona Wealth Management), a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed during this show/episode should be viewed as investment advice. If you have questions pertaining to your specific situation, please consult your own financial professional.
Friday May 06, 2022
Investing For Inflation
Friday May 06, 2022
Friday May 06, 2022
Investing during inflationary or stagflationary times is more than a little challenging. Join Mark as he gives some examples of investments that may perform better during inflation. Knowledge makes scary times less scary!
Show Notes:
Welcome to the first episode of The Architecture of Wealth, a podcast created for educational purposes where we help you give you the tools for all things wealth building.
In this episode, we address investing for inflation. During these unpredictable times, preparing your portfolio for rising rates and inflation is critical.
Key Takeaways:
- Over longer periods, equities are a great inflation hedge.
- Most inflation hedges involve taking on risk.
- Commodities like food and metals can serve as a good hedge.
- Real assets, like real estate, can be a good inflation hedge, especially if related income streams can go up with inflation.
- Cons of real estate can be the risk of borrow and concentration; people tend to have rental properties near their homes.
- Gold is not the inflation hedge it used to be. Its role as an inflation hedge in the future is questionable.
Quotes:
- “Our society is built up around home ownership.”
- “Always think about what you are investing - whether it's time or money.”
- “Gold is also something that used to be considered an inflation hedge; I find that difficult to swallow.”
- “We don’t have proof that gold and crypto are good inflation hedges.”
For information about Sona Wealth Advisors: www.SonaWealthAdvisors.com
The Architecture of Wealth Podcast is for educational purposes only. Investment Advisory Services are offered through Sona Financial LLC (DBA Sona Wealth and Sona Wealth Management), a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed during this show/episode should be viewed as investment advice. If you have questions pertaining to your specific situation, please consult your own financial professional.
Monday Sep 27, 2021
Monday Sep 27, 2021
It's that time! It's FAFSA time. October 1st 2021 is the first day you can fill out FAFSA for need-based aid for the 2022-2023 school year. Be prepared! Don't make one of our top 10 mistakes.
The MNice Investor Goes To College Podcast is for educational purposes only. Investment Advisory Services are offered through Sona Financial LLC (DBA Sona Wealth and Sona Wealth Management), a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed during this show/episode should be viewed as investment advice. If you have questions pertaining to your specific situation, please consult your own financial professional.
Tuesday Aug 24, 2021
A College Financial Planning Conversation with A Real Parent
Tuesday Aug 24, 2021
Tuesday Aug 24, 2021
Join Mark and Dan Cepress, the father of many of our dad jokes, to discuss the college financial planning and admissions process. As a real-life father, Dan has been through the process twice now. He will share some tips he and his family have learned along the way to make sure your process goes as smoothly as it can for your family. And of course, he will share some dad jokes with us too!
The MNice Investor Goes To College Podcast is for educational purposes only. Investment Advisory Services are offered through Sona Financial LLC (DBA Sona Wealth and Sona Wealth Management), a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed during this show/episode should be viewed as investment advice. If you have questions pertaining to your specific situation, please consult your own financial professional.
Saturday May 08, 2021
Inflation & I-Bonds & College Funding
Saturday May 08, 2021
Saturday May 08, 2021
Inflation is coming! Maybe. I-Bonds have been in the news lately. Their return has jumped! Join Mark as he expands on an interview he did with Kenadi Silcox from Money Magazine. They aren't your grandparent's Savings Bond -- check them out.
The Money Magazine article: https://money.com/savings-bonds-invest-inflation/?xid=moneyrss
The MNice Investor Goes To College Podcast is for educational purposes only. Investment Advisory Services are offered through Sona Financial LLC (DBA Sona Wealth and Sona Wealth Management), a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed during this show/episode should be viewed as investment advice. If you have questions pertaining to your specific situation, please consult your own financial professional.
Tuesday Apr 13, 2021
Making The Most Of Your MN College Tour With Cozy Wittman
Tuesday Apr 13, 2021
Tuesday Apr 13, 2021
Join Cozy Wittman from College Inside Track as she provides tips to help make the most of your college tour, including some Minnesota-specific advice. As Cozy points out, approaching the college search the same way today as we did twenty years ago is like going out to your car and "trying to crank to start it."
For questions on working with Cozy: https://collegeinsidetrack.com/
The MNice Investor Goes To College Podcast is for educational purposes only. Investment Advisory Services are offered through Sona Financial LLC (DBA Sona Wealth and Sona Wealth Management), a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed during this show/episode should be viewed as investment advice. If you have questions pertaining to your specific situation, please consult your own financial professional.
Saturday Mar 27, 2021
Negotiating College Award Letters With Shannon Vasconcelos
Saturday Mar 27, 2021
Saturday Mar 27, 2021
If you didn't know you could negotiate, you are not alone. Negotiating college award letters is not only possible but can save a family thousands. Shannon Vasconcelos from Bright Horizons will tell us how to do it and how to do it right!
For questions on working with Shannon:
https://getintocollege.com/Our-Experts/Finance-Experts/Shannon-Vasconcelos
The MNice Investor Goes To College Podcast is for educational purposes only. Investment Advisory Services are offered through Sona Financial LLC (DBA Sona Wealth and Sona Wealth Management), a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed during this show/episode should be viewed as investment advice. If you have questions pertaining to your specific situation, please consult your own financial professional.
Thursday Mar 11, 2021
An Alternative Approach To Retirement With Denise Downey
Thursday Mar 11, 2021
Thursday Mar 11, 2021
Retirement expert Denise Downey joins us to discuss different approaches to retirement. Times have changed over the last 20 years and maybe our approach to retirement should too. And as always, we will discuss how college planning fits into her alternative retirements.
For questions on working with Denise:
https://www.financialtrex.com/
For Sona's free eBook on saving for retirement and college:
https://mailchi.mp/fae9d3d6f91a/5-must-knows
The MNice Investor Goes To College Podcast is for educational purposes only. Investment Advisory Services are offered through Sona Financial LLC (DBA Sona Wealth and Sona Wealth Management), a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed during this show/episode should be viewed as investment advice. If you have questions pertaining to your specific situation, please consult your own financial professional.
Friday Feb 12, 2021
New Dad Jokes & FAFSA Gets An Update -- Some Good. Some Really Bad!
Friday Feb 12, 2021
Friday Feb 12, 2021
We start off with new dad jokes to warm you up (windchills of -30 here in MN!). We then talk recent changes to FAFSA (need-based aid) passed with recent COVID legislation. Some good changes. But mostly bad, especially for families with multiple kids.
Article referenced in podcast - Mark talks college saving ratios:
https://www.msn.com/en-ph/money/other/how-much-money-to-set-aside-each-month-for-college/ar-BB1dvI8K
For more information on working with Mark:
The MNice Investor Goes To College Podcast is for educational purposes only. Investment Advisory Services are offered through Sona Financial LLC (DBA Sona Wealth and Sona Wealth Management), a registered investment adviser authorized to do business in states where registered or otherwise exempt from registration. Nothing discussed during this show/episode should be viewed as investment advice. If you have questions pertaining to your specific situation, please consult your own financial professional.