Arista Wealth Podcast

Paul L. Moffat

Building wealth seems harder than it actually is. This podcast is designed to be a roadmap, cutting through the clutter, to teach you about important topics that show you how invest in yourself and save money the right way. We will also be your life coach through important financial and educational topics, teaching you what is important and how to navigate each topic. read less
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Episodes

How a Gas Station Employee Grew an $8 Million Fortune Through Investing
Today
How a Gas Station Employee Grew an $8 Million Fortune Through Investing
Join Paul Moffat and Zach Taylor as they discuss the remarkable story of Ronald Read, a man who’s life and legacy offers profound lessons in the power of investing and frugality. Through wise and frugal investing, Ronald Read quietly gained a fortune of nearly $8 million dollars as a gas station attendant. Listen to learn about his valuable insights into effective investing strategies, despite his modest income. If you have any questions, call the Arista Wealth Management office located in Las Vegas, NV at 702-309-9970Connect with Arista Wealth:Website: https://www.aristawealth.comEmail: support@aristawealth.comCall our office: 702-309-9970The opinions expressed in this podcast are for general purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. It is not intended to provide tax or legal advice. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital: please seek advice from a licensed professional.Arista Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where our firm and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Arista Wealth Management unless a client service agreement is in place. đźŚźGet in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
10 Takeaways from the Warren Buffett Annual 2024 Letter to Shareholders
Mar 13 2024
10 Takeaways from the Warren Buffett Annual 2024 Letter to Shareholders
Warren Buffett’s 2024 annual letter to shareholders was recently published, and your host, Paul Moffett and co-host, Preston Pugmire, share the top 10 takeaways. Bring a pen and paper, and get ready to take notes on these top 10 takeaways!If you want to read the full letter, which Paul strongly recommends, you can find it here: https://www.cnbc.com/2024/02/24/read-warren-buffetts-2024-annual-letter-to-shareholders.htmlIf you have any questions, call the Arista Wealth Management office located in Las Vegas, NV at 702-309-9970Connect with Arista Wealth:Website: https://www.aristawealth.comEmail: support@aristawealth.comCall our office: 702-309-9970The opinions expressed in this podcast are for general purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. It is not intended to provide tax or legal advice. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital: please seek advice from a licensed professional.Arista Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where our firm and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Arista Wealth Management unless a client service agreement is in place.🌟Get in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
Optimizing Investment Strategies
Feb 7 2024
Optimizing Investment Strategies
Welcome to another insightful episode of the Arista Wealth Podcast, where financial experts Paul Moffett and Jordan Naffa discuss investment strategies. In today's episode, they unpack Dollar Cost Averaging (DCA) versus Lump Sum Investing (LSI) and explore the impact these strategies can have on your financial journey. Topics in this episode:Dollar Cost Averaging vs Lump Sum Investing The impact these can have on your money and wealth How time Horizons Effects these strategiesKey statistics to know about LSI v DCAIf you have any questions, call the Arista Wealth Management office located in Las Vegas, NV at 702-309-9970Connect with Arista Wealth:Website: https://www.aristawealth.comEmail: support@aristawealth.comCall our office: 702-309-9970The opinions expressed in this podcast are for general purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. It is not intended to provide tax or legal advice. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital: please seek advice from a licensed professional.Arista Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where our firm and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Arista Wealth Management unless a client service agreement is in place.🌟Get in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
Understanding the Basics of a 401(k)
Jan 17 2024
Understanding the Basics of a 401(k)
In this episode, Zach and Jordan share key 401(k) basics that you should know if you are a business owner and considering a 401(k) plan. They delve into 401(k) retirement accounts, breaking down the jargon and complexities around so you can understand them better. A 401(k) plan is a tax-advantaged retirement account offered by many employers. Topics in this episode:- Basics of 401(k)- Company Matching- Yearly contribution limits- 5 steps to becoming a 401K Millionaire   The world of retirement savings is constantly evolving, so it is a good  practice to review your plan and seek advice from financial professionals, like Arista Wealth Management,  to ensure that your strategy is optimal and you are on track to reach your retirement goals.If you have any questions, call the Arista Wealth Management office located in Las Vegas, NV at 702-309-9970Connect with Arista Wealth:Website: https://www.aristawealth.comEmail: support@aristawealth.comCall our office: 702-309-9970The opinions expressed in this podcast are for general purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. It is not intended to provide tax or legal advice. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital: please seek advice from a licensed professional.Arista Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where our firm and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Arista Wealth Management unless a client service agreement is in place.🌟Get in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
Pros and Cons of Self-Directed IRAs
Jan 10 2024
Pros and Cons of Self-Directed IRAs
In this episode of the Arista Wealth podcast, Zach and Jordan talk all about the benefits and common pitfalls of Self-Directed IRAs. A self-directed individual retirement account is an individual retirement account which allows alternative investments for retirement savings.This episode is inspired by the increasing number of questions that we have received at the Arista Wealth office about Self-Directed IRAs, specifically around purchasing real estate through a self-directed IRA.In this episode:What is a Self-Directed IRA?Common pitfalls that can cost you money.What you need to know before opening a Self-Directed IRA.Who can open a Self-Directed IRA.How to contact Arista Wealth if you have questions about this type of retirement account.If you have any questions, call the Arista Wealth Management office located in Las Vegas, NV at 702-309-9970Connect with Arista Wealth:Website: https://www.aristawealth.comEmail: support@aristawealth.comCall our office: 702-309-9970The opinions expressed in this podcast are for general purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. It is not intended to provide tax or legal advice. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital: please seek advice from a licensed professional. Arista Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where our firm and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Arista Wealth Management unless a client service agreement is in place.🌟Get in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
What Is a Dividend and How Does It Work?
Jan 4 2024
What Is a Dividend and How Does It Work?
In this episode of the Arista Wealth Podcast, Zach and Jordan talk all about the world of dividends – which are periodic payouts that investors love. This is an important financial strategy that helps build financial resilience. Dividends are regular profit-sharing payments made between a company and its investors. A company's board of directors determines the price per share, when and how often dividend payments are made. Dividend stocks can provide a stream of income, which can be especially valuable during inflationary periods.In this episode, they discuss:What are dividends and why are they so important in your portfolio?What type of dividend payments are out there?How Arista Wealth helps their client’s portfolios with dividends. What conversation you should be having with your advisor about dividends. If you have any questions, call the Arista Wealth Management office located in Las Vegas, NV at 702-309-9970Connect with Arista Wealth:Website: https://www.aristawealth.comEmail: support@aristawealth.comCall our office: 702-309-9970The opinions expressed in this podcast are for general purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. It is not intended to provide tax or legal advice. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital: please seek advice from a licensed professional.Arista Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where our firm and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Arista Wealth Management unless a client service agreement is in place.🌟Get in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
Diversification in the Global Stock Market
Dec 20 2023
Diversification in the Global Stock Market
In this episode of the Arista Wealth podcast, Zach and Jordan talk all about the advantage of spreading your investments across the world. Diversifying an investment portfolio is often considered a fundamental strategy for managing risk and maximizing potential returns. In this episode:Why you should not be putting your “eggs” (money) in one basket, but instead, putting your “eggs” in many baskets.How diversification can minimize risk.What countries have the top performing investments. Arista Wealth’s advice on diversification.If you have any questions, call the Arista Wealth Management office located in Las Vegas, NV at 702-309-9970Connect with Arista Wealth:Website: https://www.aristawealth.comEmail: support@aristawealth.comCall our office: 702-309-9970The opinions expressed in this podcast are for general purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security. It is only intended to provide education about the financial industry. It is not intended to provide tax or legal advice. To determine which investments may be appropriate for you, consult your financial advisor prior to investing. Any past performance discussed during this program is noguarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital: please seek advice from a licensed professional.Arista Wealth Management is a registered investment adviser. Advisory services are only offered to clients or prospective clients where our firm and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Arista Wealth Management unless a client service agreement is in place.🌟Get in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
Medicare Overview: What You Need To Know About Open Enrollment
Nov 8 2023
Medicare Overview: What You Need To Know About Open Enrollment
It’s that time of year again, Open Enrollment! This is a time when you can sign up for health insurance, adjust your current plan or cancel your plan.In this episode, Paul Moffat, president & senior financial planner, is joined by Jordan Naffa, the director of financial planning, to discuss the very timely topic about open enrollment. They discuss several crucial aspects and topics of Medicare. In this episode:What is Medicare and who is it for.Significant dates to be aware of.New Medicare available plans that may be available to you.Where to find a trusted source of information about Medicare and Open Enrollment.Next Steps of ActionEssential insights to safeguard yourself Medicare scams.Medicare is complex, and having a trusted partner and Arista Wealth as fiduciaries is very important.  Open enrollment is open until December 7th, so don’t procrastinate and give us a call at Arista Wealth Management. If you have any questions, call the Arista Wealth Management office located in Las Vegas, NV at 702-309-9970Connect with Arista Wealth:Website: https://www.aristawealth.comEmail: support@aristawealth.comCall our office: 702-309-9970🌟Get in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
Transforming Your Business with John Mautner
May 31 2023
Transforming Your Business with John Mautner
In today's episode of Arista Wealth Podcast we interview John Mautner, a best selling author, business coach, and successful entrepreneur. John shares about how he has been able to resuscitate hundreds of struggling businesses with his "voice-of-the-people" coaching philosophy. He explains the benefits of helping CEO's avoid bottlenecking their company through micromanagement, and instead seek solutions from the talented people who work there. As John says, “Nobody knows the company better than the people that have worked there for years and years."About John Mautner:John Mautner is a number one best selling author of The Profit Pattern: Top 10 Tools To Transform Your Business, Drive Performance, Empower Your People, Accelerate Productivity and Profitability. He is an international business coach and serial entrepreneur, who started five successful companies. John’s first company became one of the 500 fastest growing companies in America and has been coaching small businesses how to become best in class for over 21 years. John has worked with thousands of business owners and managers. He is passionate about seeing people realize their dreams and goals faster than ever before. To learn more about John Mautner and the Cycle of Success Institute, visit http://www.johnmautner.com/.🌟Get in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
Fostering Generational Success with Aaron Shelley
Feb 21 2023
Fostering Generational Success with Aaron Shelley
When it comes to business, we understand how value comes from forging strategic partnerships and building relationships with clients. What would happen if we applied those techniques and mindsets to our own personal life and family? That is what Aaron Shelley, author of "The Family Flywheel" discusses in this episode of the Arista Wealth Podcast. "The Family Flywheel" is a "dive deep into a systematic guide to family success for generations. Based on the experiences of successful families throughout history, this book outlines the principles that made them successful and shows you how to apply these principles to turn your family into a lasting success story of your own."Key Points From This Episode:How to invest and build a successful family while learning the habits of some of the world's most successful people.How to quickly identify small things you can change on a day-to-day basis to improve your finances, relationships, health, and happiness.How to build a flywheel that harnesses your most valuable resource – your family – and teaches them how to take care of themselves while they take care of you.How to support generational wealth by educating your children on how to utilize money and teaching them the values and systems that brought you financial success.Links Mentioned in Today’s Episode:Aaron Shelley Linkedin: https://www.linkedin.com/in/aaronshelley/"The Family Flywheel" Book website: https://thefamilyflywheel.com/Arista Wealth Management: https://www.aristawealth.com/Arista Wealth Facebook: https://www.facebook.com/AristaWealth/Paul Moffatt on LinkedIn: https://www.linkedin.com/in/aristify/© 2023 Arista Wealth Podcast🌟Get in touch with us by clicking the links below!🌟Go to Aristawealth.com for other tools, tips, and resources.Website: https://www.aristawealth.com/Facebook: https://www.facebook.com/AristaWealth/LinkedIn: https://www.linkedin.com/company/arista-wealth-management/🌟Get in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
Breaking Through Your Limiting Beliefs with Nina Cooke
Nov 2 2022
Breaking Through Your Limiting Beliefs with Nina Cooke
Limiting beliefs are negative thought patterns that hinder our decision-making abilities, prevent us from reaching our full potential, and can cause harm to the people around us. As Nina Cooke explains during this episode, there is no such thing as objective reality, and the way we perceive our circumstances is what causes us to succeed or fail. In other words, it’s all about your mindset! There are so many different types of mindset blocks that we humans have, and so many ways in which we self-sabotage, but thankfully, there is also another way. Tune in today to hear how Nina has changed people’s lives by coaching them through their limiting beliefs, andwhat you can start doing today to overcome yours.Key Points From This Episode:• Nina explains how our perception of our reality helps us or harms us.• What it looks like when we make decisions from a place of fear.• The difference between intentional and default decision-making.• When many of our limiting beliefs begin to form.• Why limiting beliefs are so dangerous.• A real-world example that highlights how your limiting beliefs can affect your income.• Nina shares a story of how our confidence levels affect our work.• Some of the most common types of mental blocks people experience.• The best way to get people to listen to you.• Why we should all try to be more present.• The importance of practicing self-care.Tweetables:“It’s never people or the situation or the circumstances that block us and get in the way, we do it all on our own.” — @YourInnerGame [0:03:25]“It is the thoughts and the feelings that we have about what we can achieve that will make or break us.” — @YourInnerGame [0:04:44]“We don’t have to wait for things to change from the outside, we can take our control back, our power back, and make things happen for us.” — @YourInnerGame [0:15:38]“When people speak with real integrity and they’re aligned with their values and what they believe in, then people listen to them.” — @YourInnerGame [0:19:34]Links Mentioned in Today’s Episode:Nina Cooke WebsiteScorecardArista Wealth ManagementArista Wealth Management on FacebookPaul Moffatt on LinkedIn© 2022 Arista Wealth Podcast🌟Get in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
Openly Aging with Allison O'Shea
Oct 21 2022
Openly Aging with Allison O'Shea
Despite the fact that aging is inevitable, it’s a conversation that many people choose to avoid at all costs. But today, Allison O’Shea joins us to explain why talking openly about aging is the key to aging gracefully and eliminating ageism. After 17 years of working as an Executive Director for various assisted living companies, Allison founded Openly Aging with the mission of changing how we talk about aging. During this episode, she runs us through the 5 questions that everyone who is approximately 10 years away from retirement age should be asking themselves. From identifying your support system to knowing your financial situation, you’ll leave this episode with a better understanding of how to take control of the aging process in a way that will benefit you and your loved ones!Key Points From This Episode:Allison shares what motivated her to found Openly Aging, LLC.The importance of identifying your aging support system years before you are likely to need them.How understanding your financial circumstances will stand you in good stead during your later years.The various care options available for aging populations.Examples of information that you should be communicating with your aging support system.The length of time you should expect to be waitlisted prior to entering a retirement community.How aging can cause tension between you and your loved ones if you don’t listen to them.An overview of the aging plan that Allison creates with her clients.Where you can find more valuable information about Openly Aging.Tweetables:“Your support system should be somebody that you can have full disclosure about your goals, finances and any concerns that you have.” — Allison O’Shea [0:08:55]“Where I see people are most successful living independently as long as they can, [is] if they're willing to accept support here and there.” — Allison O’Shea [0:11:11]“We also have to be aware, as we're aging, our ideal blueprint may have to change. The course of care due to a new diagnosis, due to a medical emergency may have to be altered. You have to trust the support system you have put into place that they have your best interests in mind.” — Allison O’Shea [0:13:17]“If we have a plan in place that we've communicated, we keep control of our aging to the best of our ability, which will then eradicate ageism. My goal is to help people keep control of their aging as long as possible.” — Allison O’Shea [0:16:45]🌟Get in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/
Purging Your Way to Calm and Peace with Christine Stone
Sep 16 2022
Purging Your Way to Calm and Peace with Christine Stone
We all have a little weakness in our life, and it has to do with organizing. Joining us today to help declutter our lives, is the dynamic, energetic, snappy, cutting-edge, high-performing Professional Organizer, Christine Stone. She is a professional organizer who loves to bring calm and peace to her clients and their homes. Christine tells us what her superpower is, before explaining the differences between organized and unorganized environments. She then goes on to share the devastating effects of a cluttered space while giving us the benefits of an organized one. You’ll learn why Christine is the “purge professional”, why it’s important to both purge and declutter, what sentimental clutter is and why you need to get rid of it, and the different phases in your life where you may be collecting more than you should. Our guest urges all listeners to take professional organizing seriously and she explains exactly how she ended up doing what she loves. To hear how to add value, bring calm, and instill peace when organizing someone’s home, tune in now!Key Points From This Episode:The difference between organized and unorganized environments. The unhealthy effects of an unorganized environment, and whether there’s an in-between. Why Christine is the go-to person to help ease your anxiety and bring you peace of mind. Why it’s important to purge as well as declutter. What sentimental clutter is and why it also needs to go. Phases in your life to be aware of when you may be collecting what you shouldn’t.Organizing as a profession to be taken seriously. How our guest ended up doing what she loves. The certifications required to be a professional organizer. How to add value, bring calm, and instill peace when organizing someone’s home. đźŚźGet in touch with us by clicking the links below!🌟 Go to Aristawealth.com for other tools, tips, and resources. Website: https://www.aristawealth.com/ Facebook: https://www.facebook.com/AristaWealth/ LinkedIn: https://www.linkedin.com/company/arista-wealth-management/