Tag: Tennessee Wealth Management
How Organizing Your Investments Could Save You Thousands (Ep. 24)

How Organizing Your Investments Could Save You Thousands (Ep. 24)

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Could small tweaks in your investment strategy be the key to thousands in extra returns? 

Discover how cutting hidden fees, focusing on high-growth dividend stocks, and avoiding conflicts of interest could transform your portfolio—just like it did for one client who saved $9,800 a year.

In this final episode of a 24-part series, your hosts Jerry Goodman and Megan Hubbard reveal how reducing advisory fees and avoiding hidden mutual fund costs can boost your portfolio by 2% annually—adding up to significant long-term savings.

The Dividend Growth Strategy, which focuses on top-tier companies with rising dividends, offers higher returns with less risk. You’ll also learn how to capitalize on market downturns to find bargain investment opportunities, while sidestepping the risks of “pay-to-play” practices in financial services.

This episode offers the key insights you need to take control, organize your affairs, and start building lasting wealth today to prepare for tomorrow.

Key Highlights:

  • Investment Performance Improvement: Improve your financial outcomes by 2% annually through smarter investment choices and reduced fees
  • Lowering Hidden Costs: Cutting advisory fees by just 0.25% can lead to significant long-term savings, while avoiding hidden mutual fund costs boosts returns
  • Dividend Growth Strategy: Focusing on companies with a track record of increasing dividends offers lower volatility and better returns compared to mutual funds or ETFs
  • Avoiding Pay-to-Play Conflicts: Discover how to avoid conflicts of interest where financial advisors might prioritize their profits over your portfolio
  • Client Success Story: Bruce’s portfolio restructuring saved him $9,800 a year while improving his overall returns
  • Market Downturn Opportunities: Learn how to invest in high-quality stocks during market downturns for long-term gains
  • Organized Financial Management: The importance of organizing your investments with a comprehensive approach that includes tax and estate planning
  • And much more!

 

Actionable Takeaways:

  • Lower your advisory fees and avoid mutual fund fees to maximize your savings
  • Implement the Dividend Growth Strategy for consistent, long-term returns with lower risk
  • Be cautious of pay-to-play practices that could skew your financial advisor’s objectivity
  • Rebalance your portfolio during market dips to take advantage of undervalued stocks

Connect with Jerry Goodman and Megan Hubbard: 

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The Critical Role of Estate Planning and Retirement Readiness (Ep. 23)

The Critical Role of Estate Planning and Retirement Readiness (Ep. 23)

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Have you prepared for a comfortable retirement? Is your estate in order?

To retire in comfort, your plan depends on more than just saving—discover the critical steps to protect your wealth and loved ones.

In this episode, your hosts Jerry Goodman and Megan Hubbard from Tennessee Wealth Management are sharing key strategies to safeguard your financial future. Discover how the Envision planning tool can assess your retirement readiness for free and learn why essential legal documents like wills and power of attorney are crucial.

Using real-life stories, they highlight the importance of early planning, debunk myths about revocable living trusts, and explain why probate in Tennessee may not be as daunting as you think. Plus, find out how the “step-up in basis” tax rule can save your heirs from large capital gains taxes.

Key Highlights:

  • Retirement Planning Tools: The Envision planning tool helps clients assess their retirement readiness, with Sally’s story showcasing its value
  • Estate Planning Pitfalls: Learn from Jack’s story about the dangers of not having essential legal documents, such as a will or power of attorney
  • Trusts vs. Wills: Misconceptions about revocable living trusts are cleared up, and the reality of probate in Tennessee is explained
  • Step-Up in Basis: This powerful tax provision can save heirs from massive capital gains taxes, as shown in a case involving Truist Bank stock
  • Organizational Tools: The Housekeeping Profile and a Five-Step Process ensure all your affairs are in order, providing direction and clarity
  • Final PodCLASSes: This episode is part of a two-episode wrap-up that summarizes key takeaways from over 12 hours of content on financial stability
  • And much more!

Don’t leave your financial future to chance—listen now to learn how to protect your assets and provide clarity for yourself and your loved ones.

 

Resources:

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The Hidden Power of Transparency in Boosting Your Wealth (Ep. 22)

The Hidden Power of Transparency in Boosting Your Wealth (Ep. 22)

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Hidden fees could be eating into your returns, and transparency is key to unlocking better financial outcomes. 

Hosts Megan Hubbard and Jerry Goodman reveal how strategies like the Dividend Growth Strategy—which delivered a 14.06% return over five years—can outperform traditional mutual funds.

Megan and Jerry share a success story featuring Bruce and explain how aligning his advisors saved him thousands in fees and boosted his returns. They also expose the issues that come with pay-to-play relationships at some firms and discuss how getting a second opinion can help uncover hidden costs and improve performance.

This episode is packed with insights to help you optimize your portfolio and take control of your financial future.

Key Highlights:

  • Dividend Growth Strategy: Discover how adopting this approach led to a 14.06% return over five years, outperforming a typical mutual fund strategy by 77%
  • Client Success Story – Bruce: See how aligning his advisors saved Bruce thousands in fees and unlocked unexpected investment returns
  • Streamlined Wealth Management: How discretionary portfolio management at Tennessee Wealth Management improves efficiency and drives long-term results
  • Pay-to-Play Pitfalls: Learn how some investment firms may choose mutual funds based on incentives, not your best interests, and what to watch out for
  • Second Opinions: Find out why getting a fresh perspective on your investments could save you from hidden fees and deliver higher returns
  • The Power of Transparency: Understanding the true cost of advisory fees and decision-making processes can dramatically improve your financial outcomes
  • And much more!

Don’t let hidden fees and outdated strategies hold you back. Tune in now to discover how you can take charge of your financial future today.

 

Connect with Jerry Goodman and Megan Hubbard: 

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How to Organize Your Financial Affairs to Save Thousands (Ep. 21)

How to Organize Your Financial Affairs to Save Thousands (Ep. 21)

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Do you think you’ve covered all your financial bases, or are you struggling to keep up with your financial plans, retirement goals, or estate management?

You’re not alone. Hosts Jerry Goodman and Megan Hubbard are here with strategies to help you gain control and clarity, showing how small financial changes could earn big results.

In this episode, Jerry and Megan focus on how to organize your finances and improve your long-term financial outlook through proven techniques, including the powerful dividend growth strategy. Whether you’re new to retirement planning or need to streamline your investments, this episode offers actionable steps that could make a big difference.

Take Bruce, for example—a client whose holistic financial strategy saved him nearly $200,000 in advisory fees over 20 years. His success story shows how small adjustments can yield enormous financial benefits. If you’re ready to optimize your portfolio and create a solid financial future, this episode is packed with practical advice you won’t want to miss.

Key Highlights:

  • Dividend Growth Strategy: Learn how this investment approach yielded a 14.06% return over five years, ensuring long-term financial stability and growth
  • Client Success Story – Bruce: See how one client saved nearly $10,000 annually by cutting unnecessary fees and simplifying his investments, leading to significant long-term savings
  • Estate & Tax Planning: Discover the importance of aligning your estate planning, tax advisors, and financial strategies to maximize efficiency and ensure assets are managed correctly
  • Holistic Approach: Jerry emphasizes the value of having all your financial, legal, and tax advisors work together for a seamless and stress-free process
  • Cost Savings: Uncover how reducing advisory fees and eliminating underperforming mutual funds can drastically improve your financial future
  • Target Audience: This episode is particularly beneficial for clients and their families, offering clear guidance on managing investments and preparing for the future as beneficiaries
  • And much more!

 

Reevaluate your investment strategy and consider the dividend growth approach for long-term success. Contact Jerry and Megan for personalized advice to optimize your portfolio.

 

Connect with Jerry Goodman and Megan Hubbard: 

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How to Boost Your Portfolio with Dividend Growth Strategies (Ep. 20)

How to Boost Your Portfolio with Dividend Growth Strategies (Ep. 20)

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Are your investments not performing as well as you’d like? Looking for a strategy that consistently outperforms the market?

In this PodCLASS episode, Jerry Goodman and Megan Hubbard dive into the surprising ways your investment portfolio might be underperforming—and how you can fix it. If you think managing your finances is as simple as checking the numbers, think again. This conversation could save you tens of thousands of dollars annually, and it all starts with knowing what to look for.

Jerry and Megan explore how investors can unknowingly miss out on potential gains and share their insights on ways to improve your investment portfolio. And the best part? Finding those improvements doesn’t cost a dime—it just requires a little time and a willingness to dig into your financial details.

Key Highlights:

  • Core Investment Principles: Discover how the dividend growth strategy ensures stability and growth in your portfolio, even during market volatility
  • Proven Performance: Jerry presents compelling evidence from multiple studies, showcasing how dividend growth strategies have consistently outperformed the market over the long term
    • Exhibit A: Wells Fargo’s DSIP showing a 12% annual return over 30 years
    • Exhibit B: Research from Ned Davis confirming the long-term success of dividend growth
    • Exhibit C: A five-year review of advisory accounts showing a 14.06% annual net return
    • Exhibit D: An article on FOMO and its risks compared to a steady dividend strategy
    • Exhibit E: Insights on finding bargain opportunities during bear markets
  • Target Audience: Understand why this strategy is particularly beneficial for potential clients and the families of current clients, ensuring a clear comprehension of how their investments are managed
  • Practical Benefits: Jerry emphasizes achieving a 2% annual improvement in performance through lower advisory fees, avoiding mutual fund costs, and selective investments, significantly impacting overall portfolio value
  • Estate Planning: Revisit earlier episodes on estate planning to understand how to organize your affairs and utilize revocable living trusts, particularly relevant for Tennessee residents
  • And much more!

 

Reevaluate your investment strategy and consider the dividend growth approach for long-term success. Contact Jerry and Megan for personalized advice to optimize your portfolio.

 

Connect with Jerry Goodman and Megan Hubbard: 

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Seizing Market Opportunities: The Dividend Growth Strategy (Ep. 19)

Seizing Market Opportunities: The Dividend Growth Strategy (Ep. 19)

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Are you ready to turn market downturns into investment opportunities?

You’re in the right place!

Buckle up for the 19th episode of ‘The Organized Investor PodCLASS,’ where hosts Jerry Goodman and Megan Hubbard discuss the dividend growth strategy. This episode continues our series on organizing investments and managing retirement planning, with a special focus on the benefits of dividend growth investing.

Key Highlights:

  • Core Investment Principles: Discover how the dividend growth strategy can provide stability and growth in your financial portfolio, especially during volatile markets
  • Bargain Opportunities: Jerry Goodman illustrates how market downturns, like the 2020 COVID-19 pandemic and the 2023 regional bank crises, present unique buying opportunities. Learn how these events allowed for strategic investments in undervalued sectors
  • Strategic Diversification: Understand the importance of diversifying your portfolio. Jerry and Megan discuss balancing investments between stable dividend growth stocks and undervalued stocks affected by market downturns, leading to significant gains
  • Market Insights: Jerry emphasizes the importance of being prepared for unpredictable market opportunities and acting quickly to capitalize on them, supported by thorough research and diversification
  • Professional Advice: The episode underscores the value of professional financial advice and understanding the risks associated with market investments. Jerry and Megan offer personalized assessments to help optimize your investment strategy
  • Estate Planning: The discussion also touches on the importance of clients’ families understanding their investment strategies, especially concerning future inheritances
  • And much more!

Reevaluate your investment strategy and consider the dividend growth approach for long-term success. Contact Jerry and Megan for personalized advice to optimize your portfolio.

 

Connect with Jerry Goodman and Megan Hubbard: 

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Shifting Gears Beyond Mutual Funds and ETFs (Ep. 9)

Shifting Gears Beyond Mutual Funds and ETFs (Ep. 9)

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Feeling stuck with traditional investments? 

Learn how to shift gears for better returns in the latest “Organized Investor PodCLASS” episode with Jerry Goodman and Megan Hubbard from Tennessee Wealth Management. Combining Jerry’s extensive financial experience with Megan’s educational expertise, they dive into effective and engaging investment strategies.

This episode, focusing on investment organization, targets boosting portfolio performance by 2%. Jerry and Megan challenge the conventional reliance on mutual funds and ETFs, advocating for a selective approach. They highlight the success of the Wells Fargo research list and the DSIP strategy.

Key Highlights:

  • Uncover the dangers of excessive diversification and its impact on portfolio health
  • Compare the superior performance of the DSIP list against traditional mutual funds and ETFs
  • Explore the Dividend Growth Portfolios (DGP), emphasizing large companies with consistent dividend growth
  • Gain insights into the crucial role of financial advisors in managing investments
  • Dive into three exemplary portfolios, showcasing the benefits of focusing on high-quality, dividend-rich stocks
  • And much more!

 

Connect with Jerry Goodman and Megan Hubbard: 

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How To Simplify Your Finances with Jerry Goodman and Megan Hubbard (Ep. 8)

How To Simplify Your Finances with Jerry Goodman and Megan Hubbard (Ep. 8)

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Wondering how to streamline your financial life? 

Navigate the nuances of finance with a unique blend of humor and simplicity in “The Organized Investor PodCLASS.” Jerry Goodman, with four decades of financial insights, and Megan Hubbard, a former first-grade teacher skilled at breaking down financial terms into easy-to-digest lessons, are about to unfold secrets of financial planning and investment management in ways you’ve never heard before!

Curiosity-Sparking Highlights:

  • Organize to Maximize: Uncover how streamlining your investments and retirement plans can transform your financial health
  • The 2% Magic: A small number with a big impact – discover how a 2% improvement can revolutionize your investment returns
  • Fee Fiasco Uncovered: We’re exposing the often-overlooked truths behind financial advisory fees and how they might be draining your wallet
  • DSIP Decoded: Wells Fargo’s Diversified Stock Income Plan explained – what it is, and why it matters
  • Revamp Your Financial Strategies: Move beyond conventional advice with innovative tactics to enhance your financial performance
  • Battle of the Giants: A detailed comparison of the DSIP list, the S&P 500, mutual funds, and ETFs – find out who really comes out on top
  • Beware of ‘Diworsification’:  Learn why having too many investments might be sabotaging your financial growth
  • Real-Life Returns: Real-world examples showing how the DSIP list fares against traditional mutual funds and ETFs
  • Rethink Your Investment Plan: Confident in your current strategy? We’ll give you compelling reasons to reconsider and optimize for better results
  • And much more!

 

Connect with Jerry Goodman and Megan Hubbard: 

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Trusts vs. Wills: What You Don’t Know (Ep. 6)

Trusts vs. Wills: What You Don’t Know (Ep. 6)

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Confused about choosing between a trust and a will? 

Let’s clear the air once and for all.

In this eye-opening episode, Jerry Goodman and Megan Hubbard of Tennessee Wealth Management tackle the estate planning myths surrounding trusts and wills. With their expert analysis, they dispel common overstatements and clear up misconceptions, all through the distinct perspective of Tennessee law.

In this episode, you’ll discover:

  • Trust Truths Unveiled: Are trusts really superior for estate taxes and protection?
  • Hidden Trust Benefits: There’s more to trusts than meets the eye, but are they overvalued in Tennessee?
  • Trusts vs. Wills Face-Off: Dive into the pros, cons, costs, and complexities of each.
  • Setting Up a Trust – Worth It?: Explore the reality behind establishing a trust. Is it a smart move or just added stress?
  • Ethical Estate Planning: Join Jerry and Megan as they navigate the ethical implications of recommending trusts.
  • Empowered Decision-Making: Arm yourself with essential insights to make the best choice between a trust and a will.
  • And much more!

 

Connect with Jerry Goodman and Megan Hubbard: 

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How We Guard Your Legacy (Ep. 5)

How We Guard Your Legacy (Ep. 5)

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Think estate planning is just for the wealthy? 

Think again. 

Jerry Goodman and Megan Hubbard are here to shatter this and other common misconceptions. Listen in as they reveal pivotal truths essential to safeguarding your family’s financial future.

In this PodCLASS, Jerry and Megan explore:

  • Why neglecting estate planning could be the biggest risk to your family’s legacy
  • How choosing the right estate planning package could save you money compared to traditional legal services
  • An insider’s guide to two crucial estate packages that put you in control of your future
  • A creative spin on ‘Leave it to Beaver’ that reveals the stark realities of dying without a will in Tennessee
  • The surprising truths about revocable living trusts and why they might not be the safeguard you thought
  • A critical look at the hidden drawbacks of trusts – especially when it comes to accessing your assets when you need them most
  • And much more!

 

Resources:

Connect with Jerry Goodman and Megan Hubbard: 

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