WEALTH MANAGEMENT requires intently listening to the client. WEALTH MANAGEMENT is really about meeting the desires of the client in a secure and understandable way. COMPENSATION, ACCUMULATION and INVESTMENT PROGRAMS, ASSET TITLING, FAMILY DYNAMICS, GENERATIONAL PLANNING, LEGACY CHARITABLE PLANNING are essential elements of WEALTH MANAGEMENT. Assemble the best team.

SHOW 25 - CLICK HERE

25.1

Show 25 Interview. Length 16:32. JOHN CARONA, Chairman, CEO, Founder of ASSOCIA, the largest residential management company in North America.

JOHN CARONA.

1/26/2014

STOCKS are a vital component of successful wealth management. Top-Down: (1) Fed Spread (2) Asset Class (3) Sectors. Then, Bottom Up: (4) Free Cash and Price Performance. Macro + Technical + Fundamental. Relative Strength. It takes experience. This is how wealthy people invest. Closer to the source, better control, better tax treatment.

LIFE INSURANCE is a vital component of successful personal and business financial management. When used correctly, LIFE INSURANCE can deliver results which are not attainable through other financial choices. We discuss basic TERM LIFE INSURANCE, ESTATE PLANNING, EXECUTIVE RETENTION, EMPLOYER-OWNED benefit programs, KEY PERSON, PARTNER BUY-SELL, and ACCUMULATION/FUNDING strategies. We present a brief outline of advanced CHARITABLE GIVING trust choices. We emphasize the requirement to carefully review any LIFE INSURANCE choice for costs and benefits, and to use experienced legal and accounting professionals when establishing any complex insurance program. We describe how Mulvihill Asset Management searches policy offerings from more than 80 insurance companies to find the best solutions for the client.

2014! We think the S&P 500 will get there this year. This is the 2014 outlook show. At the end of 2013 the market went up almost every day and that just doesn’t happen. After a year like 2013 people don’t think the stock market ever goes down. But it does. And it will. And it will do that fairly sharply. Remember the old saying “Stocks take the stairs up slowly and they go out the window quickly”. Are we calling for a crash? No. Will there be a setback sometime in 2014? Of course. We think the stock markets will do fine as long as the Fed Spread remains supportive. We believe the U.S. and Texas economies will both grow faster in 2014 than they did in 2013. The dollar could get stronger. Gold should have another bad year. Oil pricing could be under pressure. All of this could be similar to the late 1990's. We believe portfolios will require more attention in the next few years than they did in the first phase of the bull market. The great rotation out of bonds and into stocks should have much longer to run. Inflation should not be a problem, according to the Fed. This was a delightful program to air, as we were joined by friends and family. Happy New Year!

This will probably end up as the longest and strongest bull market in history. We discuss how to evaluate lump sum pension buyout offers from the company. Happy New Year!

Commemorating 100 years of the Federal Reserve. This week, they came, they saw, they tapered. Is the message clear yet? "Buy Stocks." Savers need growth. We are living much longer than when Social Security was enacted in 1935. Imagine becoming eligible for Social Security at age 81: That is how the system would operate if updated to current mortality expectations. Believe it or not, the United States could balance the budget in the near future! It could be 1997, 1998, 1999 all over again. Why not 100% deductible charitable donations? JOY TO THE WORLD!

Full show 19

THE 13 WEALTH MANAGEMENT ISSUES.

Hank offers his economic and market big picture document, no charge. Hank talks about what listeners have said when they called or visited, after hearing the radio show. Hank explains what to expect when setting up a meeting with him. Harvey Mulvihill joined Hank in the studio.

This one has it all: Giving Thanks! The 5 powerful attributes found all together in the United States, which are not found all together anywhere else. How to successfully manage money. How to analyze companies. Recap JASON. Scared of Big Numbers: 16,000 DJIA, 1800 S&P 500, 4000 NASDAQ? Hank says we are nowhere near a top as long as the Fed Spread remains supportive. What the Fed is looking at: 6% unemployment and 2.5% inflation. Why fight the Fed? What wealthy investors really think. We crush the gold topic. Gold has no cash flow and would not be so expensive if not for the ETFs. Gold is not money, it is jewelery. Why Texas, and Dallas, are doing so well. Make All You Can, Save All You Can, Give All You Can because Life Is What You Make It.

We offer our outlook document, in exchange for More Feedback! JASON - Right Now is the power curve of the investing seasonality theory. We demolish Debt-to-GDP: "It's a stupid argument." The United States is much wealthier than people think, and can easily afford the debt. Hank finally talks about gold.

Fed Spread is a major part of LEI. Stock market is fairly valued. Discussion of how Mulvihill Asset Management handles client accounts. Fearful of the stock market? How about the fear of missing out on growing your wealth? Fear inflation? Listener: The price of my cup of coffee is going to the moon. Hank: OK, don't you want your stocks to already be there? More discussion about market timing and saving for retirement.

Don't be so fearful. Discussion on Buy-and-Hold. Discussion on the growth of employment in Mexico, and lessening pressures on American in-migration.

JOSH WHITAKER.

Screwed! U.S. savers have been screwed by the Fed's zero interest rate policy. OK. What to do about it? Hank rips it: Messing around with the credit rating of the United States is like fishing with dynamite, from a canoe. Hank tells why he does not like investors giving up ownership of their funds in exchange for income annuities. We could be in a Melt Up in the second half of the bull market. Still hung up on the End Game? Don't like annuities? Don't like fear? Don't like Congress? What does Hank like?

BILL SPROULL.

We won! Investors won! The government shutdown is over, revealed as unsuccessful poitical theater. This marks the END OF THE END GAME THINKING and the kickoff of the second half of the current bull market. We discuss Sector Roatation.

Turn it up! Sometimes they do ring a bell. Repeat of Debt to GDP segment. The New Monetary Policy Reality. Why is Hank so bullish?

JENNIFER PRITCHARD.

Hank rips into Washington policymakers for allowing the government shutdown, which is dangerous to the financial markets. Stocks have gone down and Hank points out this is the only business in the world where, when prices decline, people suddenly do not want to buy. Hank presents his case on why Debt to GDP is a flawed accounting argument, and why the United States can easily afford the debt. Hank is joined on-air by his three sons, Harvey, Patrick and Sean.

EVAN SMITH.

Are you tired of negative radio? We are too! Let's enjoy the awesome growth in Texas!

KYLE McKEEN.

QEternity and Beyond!

Football season defines the American business year: Highly focused from August to Thanksgiving; pretty much on holiday until after the Super Bowl; highly focused February through May; on vacation until August. Retirement Plans have calendar requirements; start early in the year and have them established before November, for the following year.

Employers: Considerations for setting up a new Retirement Plan, or benchmarking the one you have.

Texas employment is booming. Good data sources including TexasWages.com. Retirement planning for Employees and Employers. Retaining good people, and ensuring continuity, by using Key Person Insurance.

JASON Theory: July August September October November: JASON is the acronym formed by the first letters of those months. Hank uses this term, JASON, to illustrate stock market seasonality. Don't be so fearful!

Discussion of Texas oil boom. Nominating George P. Mitchell for (2) Nobel Prizes: Peace AND Economics. How to handle a large amount of NEW MONEY? Hank was interviewed on Investors.com.

CHARLES WILLIAMS.

SOL REIFER.

How does the Federal Reserve influence the stock market? The NEW MONETARY POLICY REALITY: Why the openly activist Fed may be with us forever.

Full Show 1

LAURA MACZKA, Mayor, City of Richardson, Texas.

JON HENDERSON. Business organization; health care business activity; Key Person Insurance.