Diversification – Relax, It's Retirement Podcast

Can You Harvest the “Fruit” of Volatility? (Ep. 26)

By Relax It's Retirement-Podcast | October 10, 2023

Discover the secrets of wealth mastery as we unveil strategies that will work for you no matter what your portfolio looks like.

In this episode, Josh unravels essential strategies for navigating uncertain financial landscapes, drawing insights from the practices of the ultra-wealthy and astute investors. Starting with the importance of diversifying a portfolio to mitigate market fluctuations, exploring options like fixed income and advanced strategies. We then delve into the concept of “dry powder” and how it empowers investors to seize opportunities without unnecessary trading. Advanced tax planning steps are also unveiled, offering potential avenues to maximize tax advantages.

Josh discusses:

Three hidden opportunities to take advantage of and two costly mistakes to avoid when the market is volatile
Essential questions to ask yourself in the process
The importance of partnering with knowledgeable financial professionals as trusted resources due to the current online climate
Finding advanced tax strategies for wealth preservation
Importance of caution with investment trends and social media Influencers
And more

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Protecting Yourself from a Bank Collapse: Silicon Valley Case (Ep. 15)

By Relax It's Retirement-Podcast | May 9, 2023

After the Silicon Valley Bank’s collapse, a lot of people panicked and started doubting the stability of their own banks where they hold accounts.

What is the difference between investing in a bank and depositing in it? Are my deposits insured? What can I do if I fear that my bank will collapse?

In this episode, Josh Leonard addresses the collapse of Silicon Valley Bank, what happened, and how it affected their clients and investors. He talks about how FDIC insurance works for our deposits, and what we can do to protect ourselves if our bank fails. Additionally, Josh explains high-yield savings accounts and how they give us good returns with our unused funds.

Josh discusses:

The collapse of the Silicon Valley Bank and the factors leading to their failure
The difference between investing and depositing in a bank
How FDIC insurance can help protect your deposits
The importance of finding a diversified bank
High-yield savings accounts and some options for earning more interest on our unused money
And more!