Episodes
The price of bitcoin has surged 350% in just the last six months as major investors and large companies have begun to adopt its use. Average investors have taken notice and see it as a potential opportunity. Today we discuss bitcoin, one specific form of cryptocurrency, grabbing the headlines. Steve is joined by Cordasco Financial Network’s Client Service Specialist Evan Salter and Steve Proffer, a member of CFN’s Investment Comm...
The current economic conditions have created the need to change some of the investments used to build portfolios at Cordasco Financial Network. Our new investment allocation will have a significant impact on our bond investing. We’re taking a proactive stance, and using a strategy that includes a more actively managed dynamic bond portfolio. Today, Steve is joined by CFN Financial Planner Ryan Flurer to discuss the reasons for chan...
Cordasco Financial Network’s John Walker guides a discussion with CFN CPAs Tim Joseph and Jim Tate discussing important tax considerations for your 2020 IRS tax filing. The COVID-19 pandemic has had a financial impact in several areas that will need special attention from you and your tax preparer this year to ensure the accuracy of your return.
Listening Time: 21 minutes
This week, the story of the astronomical rise in share price of GameStop, as well as a handful of other companies in decline, caught nearly everyone’s attention. As a good David vs. Goliath story usually does. Share prices were driven up by small individual investors using the social media platform called Reddit. It was an organized effort that resulted in many large hedge fund managers, who had shorted these companies, to experi...
For many Americans, social security will be an integral part of retirement cash flow. We’ve paid into the system all of our working lives and we expect to collect our benefits. In order to make that happen, a sound social security strategy is essential for all of us entering our retirement years. Determining the best age to begin taking benefits, understanding the tax implications for your unique situation, and many other factors ...
Many of the biggest stars in the music business, Bob Dylan among the most recent, are monetizing the immense value of their music by selling copyright or control of their life’s work. We tackle this issue today because these purely financial transactions made by super-wealthy recording artists can have practical application to the financial and tax planning moves you may want to consider to protect your wealth. John Walker, today’...
Today, Steve is joined by Chartered Financial Analyst and Market Strategist Stephen Proffer of the Investment Team at Cordasco Financial Network. They discuss our recently released report 2021 Outlook: Poised for Growth. Their discussion is centered around the direction stocks and bonds may take during 2021 given our current and expected economic conditions. They also discuss the often-asked question about the appropriateness of c...
In this week’s podcast, Steve discusses why it’s important to understand and embrace the reality that there are many aspects of our financial lives we simply cannot control. For example, the direction of the financial markets, or the degree to which we will be impacted by tax increases aren’t things we can influence. Therefore, our efforts and attention need to be focused on those things we can control. Steve explains several strat...
Steve is joined by Financial Advisor and CPA Tim Joseph of the CFN team to discuss the latest information on the federal government’s next iteration of the Payroll Protection Program, known as PPP. The program directly impacts business owners, but Steve also explains how PPP affects the overall economy and ultimately the wealth of all Americans. Then, the discussion turns to estate tax planning, capital gains, the gift tax and mo...
CFN Financial Planner, Retirement Plan and Investment Specialist Dennis Jabloloski is joined by Eric Green, CFA, Chief Investment Officer, Senior Portfolio Manager, and Senior Managing Partner at Penn Capital. They offer their perspective on the markets from the past year. They also take a look ahead at what we might expect for 2021 in the stock and bond markets, specific sectors within the markets and how politics and the ongoing ...
As 2020 comes to a close, Steve and Joe Cortese of the CFN Investment Team take a broad look at the financial markets, assessing where we are, and how we got here. They discuss year end market strength, how the news cycle can impact the markets, the potential for a continuation of federal deficit spending, as well as the prognosis for interest rates. They also offer a look under the hood on the investment selection process at Cord...
We’re in the midst of giving season and your best intentions deserve to be rewarded. Steve is joined by CPA Tim Joseph of the Cordasco Financial Network team to discuss ways you can reduce this year’s tax bill through tax efficient charitable giving.
Listening Time: 18 minutes
Cordasco Financial Network kicks off this holiday season with a special message. John Walker, Jim Tate, and Deiree Reil on behalf of Steve Cordasco and the entire CFN team, share their appreciation for the many things in life we tend to take for granted. Unlike any year in our memory, 2020 has created many challenges, but also helped us better appreciate the genuinely important things in our lives. The entire CFN Team offers you ...
CFN Retirement Plan Specialist Dennis Jablonoski and Financial Planner Ryan Flurer host a special edition of the Your Life Your Wealth podcast focusing on 401k plans. These employer-based plans need attention at regular intervals in order to be most effective for all involved. Dennis and Ryan discuss several year-end 401k plan issues and offer practical guidance for both employees participating in 401k plans and employers offering ...
CFN presents highlights of our live post-election webcast from November 6th. Steve, is joined by Joe Cortese, member of the CFN investment team from DiMeo Schneider and Associates. Before a virtual audience, they discuss ways the outcome of the presidential election may impact your investment strategies. Also, CFN’s Jim Tate, CPA, offers his perspective on the potential tax implications of a new administration. Please note: The ...
Tuesday is decision day and we’re approaching a pivotal moment in our nation’s history. In just a few days we’ll have a better read on the direction the nation will take politically. In preparation for this event, listeners like you have been asking us questions, seeking answers to help you better prepare for any outcome. Today, I pose several of your investment questions to my guest, Joe Cortese from DiMeo Schneider & Associa...
As a follow-up to last week’s podcast comparing the tax plans of each candidate, today I talk financial planning. I detail several investment strategies you should consider if we were to enter a period of higher taxes and increased regulation likely to take place during a Biden presidency. Be ready for all eventualities as we wait for the results.
Listening Time: 23 minutes
Today, I take a deep dive into the Biden tax plan. Should he win the Presidency and implement his plan with the help of a like-minded Congress, there are essential tax planning moves you need to consider in order to mitigate a potentially costly impact. I detail the likely changes, the pre-year end planning moves you need to consider, and illustrate ways you can keep more of what you earn by being proactive.
Listening Time: 38 min...
Change is constant and many things we anticipate with fear often end up nowhere nearly as bad as we imagined. It’s true in many aspects of our lives ranging from home and family, to work, and even what happens in the world around us. As we head toward the all-important first Tuesday in November, we’re receiving many “what if” questions here at CFN. I’m joined today by CPA Jim Tate, of the CFN Team to discuss how several of the “wha...
The President’s diagnosis has created political fall-out and concern about the election. Our attention now turns toward our fragile COVID economy and our volatile stock markets. For a wide ranging discussion on the impact of the President’s diagnosis, both economically and politically, Steve is joined by Peter Morici. He’s an expert on economic policy and international economics, and professor emeritus of International Business at...