Your Money Momentum

Global Wealth Advisors

Your Money Momentum delivers information on personal financial planning, investing, and wealth management with our engaging hosts, Certified Financial Planner™ Professionals Tom Kennedy and Kevin M. Curley, II from Global Wealth Advisors in Texas. Every other Friday, Tom and Kevin will bring you 30 minutes of discussion, strategy, and practical advice aimed at building momentum with your money. We’ll bring you market observations and interviews showcasing real-life examples to help you accumulate, preserve and protect wealth, and stay on track in meeting your retirement goals. The variety of topics covered by this show includes market news, the economy, investment strategies, retirement planning, estate planning, risk management, income tax planning, and business succession. As specialists in the financial services field, our commentary has been seen in U.S. News and World Report, The Wall Street Journal, Nasdaq, Investopedia, Kiplinger, CNBC, and Yahoo! Finance, among others. Our goal is to help you make smarter decisions about your complex financial life. Please subscribe for free and listen in every other Friday just in time for your morning workout or commute. Global Wealth Advisors 4400 State Hwy 121, Suite 200, Lewisville, TX 75056 (972) 930-1238 | info@gwadvisors.net | www.gwadvisors.net Securities and advisory services offered through Commonwealth Financial Network, Member FINRA/SIPC, a Registered Investment Adviser. Financial Planning services offered through Global Wealth Advisors are separate and unrelated to Commonwealth. read less
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Episodes

Picking Good Stocks: What Do You Look For?
Apr 1 2024
Picking Good Stocks: What Do You Look For?
If you’re invested in the stock market, how do you pick your stocks? In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss the different types of analysis when selecting stocks including technical vs fundamental analysis, qualitative vs quantitative analysis, and evaluating and identifying a process. Find it Fast: Individual Stock Picking00:00—Intro 01:05—Technical analysis vs fundamental analysis 04:25—Qualitative vs quantitative analysis Something or Nothing 19:03—Bond restructuring 21:52—If the economy is doing well at current rates, why change them?24:41—What Texas can teach about housing?27:58—Supplemental leverage ratio This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about the strategies for picking good stocks be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY "Ruff" Find us: LinkedIn | Facebook  | Instagram | X (Twitter)| YouTube
Life Insurance Strategies
Mar 14 2024
Life Insurance Strategies
Need or greed, using life insurance strategies can help protect your family and potentially add to your retirement income. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss the specifics about life insurance and the flexibility available. They also investigate whether AI, gold, US debt, and tech dividends are something to watch. Find it Fast:  Life Insurance Strategies About Life Insurance00:00—Intro 00:58—Insurance strategies 01:30—Term life 05:23—Permanent insurance 09:32—Investment options 13:00—Caution needed Something or Nothing14:28—Artificial intelligence 16:46—Gold 21:02—Interest payment on US debt 23:12—Tech dividends 26:09—CPI print hotter than expected Bold Predictions27:10—March Madness This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about insurance strategies be sure to follow the Your Money Momentum podcast published twice monthly where you listen to your favorite pods or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY "Ruff" Find us: LinkedIn | Facebook  | Instagram | X (Twitter)| YouTube
Avoiding Capital Gains
Feb 15 2024
Avoiding Capital Gains
In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss the multiple ways for avoiding capital gains tax. They discuss tax loss harvesting, wash sales, and other strategies. They also take a look at the latest news headlines. For additional tax strategies, check out our Income Tax Strategy Guide. Find it Fast:  Avoiding Capital Gains Tax Capital Gains00:00—Intro 01:11—When are you taxed? 04:51—Tax loss harvesting06:48—Wash sale strategy 08:31—Two ways to avoid capital gains tax entirely Something or Nothing12:53—Elon Musk ditching Delaware 16:56—Maersk suspended dividend 19:01—KoBold startup finds massive copper deposit21:10—Turkey hyperinflation24:43—CAPE ratio  This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. If you enjoyed learning about avoiding capital gains tax, listen in to the Your Money Momentum podcast published twice monthly where you listen to your favorite pods or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY "Ruff" Find us: LinkedIn | Facebook  | Instagram | X (Twitter)| YouTube
Backdoor Roth IRA Rollover Strategy
Jan 23 2024
Backdoor Roth IRA Rollover Strategy
If you have the option through your employer-sponsored retirement plan to make non-deductible contributions to an IRA after you max out your 401(k) limits, you may be able to use a Backdoor Roth.  In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II cover the specifics. Work with your CPA or financial advisor before you make these rollovers.  We also discuss long-standing financial trends, the potential for a Eurozone downturn, and emerging markets debt.   Find it Fast: Backdoor Roth IRA Rollover Backdoor Roth Strategy00:00—Intro 1:30—New contribution limits 2:50—After-tax backdoor rollover to Roth IRA for income-restricted investors8:15—Step rule transaction Headlines12:50—Are long-standing financial trends like the 0% interest rates over?15:00—Is the Eurozone headed for another downturn? 17:02—Emerging markets debt issuance hits a record19:37—DeepMind using AI to reduce drug development times Review and Outlook21:55—Review bold prediction that S&P 500 nearly hit 5,000 22:10—How the market changes during an election year27:01—Are we currently in a recession?    This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. Listen in to the Your Money Momentum podcast published twice monthly where you listen to your favorite pods or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY "Ruff" Find us: LinkedIn | Facebook  | Instagram | X (Twitter)| YouTube
End-of-Year Planning
Nov 21 2023
End-of-Year Planning
At this point, you’re probably wondering if the Fed is shooting darts, or if they actually know what they’re doing when it comes to interest rates. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II cover the Fed, Japanese equities, and dig into some end-of-year planning strategies. Watch the video podcast on YouTube [Insert YouTube link] Find it Fast:  Central Bank Roundup: 00:00—Intro 02:00—Will the Fed hike again? Is the Fed shooting darts?06:58—Bank of Japan and Japanese equities Role Play: 10:44—JP Morgan Jamie Dimon 13:05—ARK Invest Cathy Wood 14:48—Open AI Sam Altman17:12—Stephen A. Schwarzman 19:23—Venture Capital and Mark Anderson Five Good Minutes: Taxes and end-of-year planning 21:17—Tax loss harvesting 23:50—Charitable giving 25:36—Pre-tax accounts like 401(k) and IRA 27:27—Changes for 2024 This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer. This podcast is intended strictly for educational purposes only and is not a recommendation for or against cryptocurrency. Listen in to the Your Money Momentum podcast published twice monthly. If you like this end-of-year planning episode, check out our previous show Open Enrollment Tips, or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY "Ruff" Find us: LinkedIn | Facebook  | Instagram | X (Twitter)| YouTube
Watching the Wealth Markers
Oct 27 2023
Watching the Wealth Markers
What are wealth markers and why should we care? In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II cover several interesting topics including mortgage rates, debt to GDP, and Crypto.  They also discuss how Ireland’s rise correlates to increased wealth. If you’ll be signing up for Medicare soon or know someone who is, watch the Medicare Tips video Tom and Kevin mentioned at Your Money Momentum. [Embed podcast player] Watch the video podcast on YouTube [Insert YouTube link] Find it Fast: Watching Wealth Markers Something or Nothing: 00:00—Intro 02:42—Ireland’s rise in SUVs 05:33—23-Year high in mortgage rates 11:18—Oil merger mania 15:10—Debt to GDP 17:20—Microlino Mailbag Questions: 19:35—Crypto* 23:27—Bonds Listen in to the Your Money Momentum podcast published twice monthly. If you like this episode, check out our previous show Open Enrollment Tips, or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY "Ruff" Find us: LinkedIn | Facebook  | Instagram | Twitter  | YouTube *This podcast is intended strictly for educational purposes only and is not a recommendation for or against cryptocurrency. Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Financial planning services offered through Global Wealth Advisors are separate and unrelated to Commonwealth. Global Wealth Advisors Headquarters is located at 4400 State Hwy 121, Ste. 200, Lewisville, TX 75056, (972) 930-1238, or at info@gwadvisors.net.
Cash is King
Sep 14 2023
Cash is King
If cash is king, what do you do with it? In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss what to do with your cash. Listen in as they dig into money market accounts, treasury bills, CDs, and municipal bonds. They also answer your questions about the future of bank failures, how political seasons affect the market, and the best books for beginners. Here are some links to the books mentioned if you want some good reads for younger family members this holiday season: Rich Dad Poor Dad Liar’s Poker Simple Wealth Inevitable Wealth The Big Short Watch it on YouTube Find it Fast: Cash is King Central Bank Roundup: 00:00—Intro 01:58—Rates, core inflation and spending 05:15—Jobs numbers 08:50—Strength of the dollar Cash is King in Five Good Minutes (OK, 11 minutes):09:09—Money market rates 14:38—What is a duration risk   16:51—CDs and municipal bonds Mailbag: 20:43—Will there be more bank failures? 22:43—How do political seasons affect the markets? 24:12—What are the best investing books for beginners? Listen in to the Your Money Momentum podcast published twice monthly. If you like this Cash is King episode, check out our previous show Building an Efficient Income Stream or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY "Ruff" Find us: LinkedIn | Facebook  | Instagram | Twitter  | YouTube
Building an Efficient Income Stream
Aug 8 2023
Building an Efficient Income Stream
If you’re looking to create a tax-efficient income stream, we might have one answer. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II begin digging into building a tax-efficient income stream using municipal bonds. They also discuss the current market situation and what we might expect for the rest of the year. Be sure to stay tuned for the mid-month podcast where they plan to cover the changing face of ESG and the resulting backlash. Find it Fast: Building an Efficient Income Stream Financial Update: 00:00—Intro 01:26—Market update and the magnificent 7 07:18—Worldwide inflation, the economy, and consumers 12:05—Cost of capital and yen carry trade 15:12—Borrowing cost and downgrade 15:40—Fixed income 16:22—Housing and commodities18:24—Commodities and real assets 22:03—U.S. dollar Tax-Efficient Income Strategies:23:12—Municipal bonds as a powerful vehicle Final Thoughts: 32:50—Rapinoe’s missed goal and the state of politics Listen in to the Your Money Momentum podcast published twice monthly. If you like the tax avoidance strategies episode, check out our previous show Trump Tax Cuts May Expire or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY "Ruff" Find us: LinkedIn | Facebook  | Instagram | Twitter  | YouTube
Tax Avoidance Strategies
Jul 12 2023
Tax Avoidance Strategies
When the Trump tax cuts go away at the end of 2025, will everyone’s taxes increase? In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II discuss the implications for taxpayers and which increases and reductions are going to catch people off guard. They also discuss a few tax avoidance strategies that people can begin adopting now. Watch for more tax strategies in our next mid-month podcast in August. You can also get a free copy of our tax strategy guide by signing up at: http://eepurl.com/dEbIFX Find it Fast: Tax Avoidance Strategies  Tax Avoidance Strategies: 00:00—Intro01:05—End of the Trump tax cuts end of 2025 02:30—Which increases and reductions are going to catch people off guard? 03:30—Strategies you can adopt now and later Roleplay:08:36—Bank of America discrepancies and potential bailout 10:36—Santander windfall profit tax 12:00—Fed interest rates continue or pause 13:03—Lower CPA exams Central Bank Roundup:15:15—Bank of Germany bond hit 19:11—Dollar dominance and the debt issue 22:20—Bank of Japan currency intervention Listen in to the Your Money Momentum podcast published twice monthly. If you like the tax avoidance strategies episode, check out our previous show Midyear 2023 Update or watch our latest video session on YouTube at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY "Ruff" Find us: LinkedIn | Facebook  | Instagram | Twitter  | YouTube
Merger Mania
Jun 14 2023
Merger Mania
Investors want to know what’s up with the merger mania in the news lately. In this episode of 𝙔𝙤𝙪𝙧 𝙈𝙤𝙣𝙚𝙮 𝙈𝙤𝙢𝙚𝙣𝙩𝙪𝙢, CERTIFIED FINANCIAL PLANNER™ Professionals Tom Kennedy and Kevin M. Curley, II question bank crisis profits, the lithium market, and Fed bank bailouts. They also discuss market stress, the doughnut effect, and Nostra-Thomas finds out what the heck Zelda soup is. Find it Fast: Merger Mania  Central Bank Roundup: 00:00—Intro 01:25—Interest rate skip or pause Headlines:05:14—Banks earn profit despite “crisis” 09:45—Lithium merger mania Something or Nothing: 11:54—Fed bank bailouts vs quantitative easing 13:58—Inflation overseas Tossup:15:59—VIX or volume for market stress 18:05—The doughnut effect Nostra-Thomas:20:28—How long with the Fed keep rates high? 22:18—Will the G7 continue to dominate? 24:15—Zelda soup Listen in to the Your Money Momentum podcast published twice monthly. If you like this episode, check out our previous podcast Value of a College Degree, or watch our latest video session at Your Money Momentum. Your Money Momentum podcast is produced by: Pamela Engstrom Music by: PWISBY "Ruff" Find us: LinkedIn | Facebook  | Instagram | Twitter  | YouTube   This communication strictly intended for individuals residing in the states of AL, AZ, CA, CO, CT, FL, GA, HI, ID, IL, IN, KS, KY, LA, ME, MD, MA, MI, MN, MO, MT, NE, NJ, NM, NY, NC, OH, OK, OR, PA, TX, VA, WA, WI, WY. No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services. Investments are not FDIC- or NCUA-insured, are not guaranteed by a bank / financial institution, and are subject to risks, including possible loss of the principal invested. Securities and advisory services offered through Commonwealth Financial Network®, Member FINRA / SIPC, a Registered Investment Advisor. Advisory services offered through Global Wealth Advisors are separate and unrelated to Commonwealth. Global Wealth Advisors Headquarters is located at 4400 State Hwy 121, Ste. 200, Lewisville, TX 75056, (972) 930-1238, or at info@gwadvisors.net.