Episode Transcript
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Speaker 1 (00:00):
Securities and investment advisory services offered through Osaic Wealth Inc.
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here are independent of Osaic Wealth. Madison Wealth Managers and
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is for illustrative purposes only and does not constitute investment,
tax or legal advice. Information has been obtained from sources
(00:21):
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Any opinions expressed in this form are not the opinion
or view of Osaic Wealth Inc. Information in this illustration
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(00:44):
provided for informational purposes only and not to be construed
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Speaker 2 (01:04):
You are about to experience the planning for prosperity Show
three two.
Speaker 3 (01:10):
Who here, Oh my favorite, I'm drawing a black Dan Lantsky,
Michael Brown, managing director, Michael Brown, Madison Well managers.
Speaker 4 (01:23):
I know that Sun and Winter a time.
Speaker 3 (01:28):
Big Country Contra Country nineteen ninety four, am I Ryan
nineteen ninety four, who.
Speaker 4 (01:36):
Had checked names an album after the band.
Speaker 3 (01:39):
One of the great songs of all time. Way to
start it. We are fired up? I remember everybody.
Speaker 4 (01:45):
They had the song like Africa from the album Afrifrica.
Speaker 3 (01:49):
Yeah, yeah, this is Look up that date. Look up
that date. I'm almost positive, useless trivia. You know where
it is.
Speaker 4 (01:55):
You came out of the gates, firing, firing.
Speaker 3 (01:57):
I'm all and you know why, I'm all kinds of
air up. I'm gonna eighty four eighty four is eighty
three eighty three or ninety three eighty three? No, no, no,
you know where it's no, no, no, no no, you know where.
You know where this came from?
Speaker 4 (02:10):
You know?
Speaker 3 (02:11):
And again I'm sure it's in a thousand movies. But
you know where the date linked to the song was.
It was in that movie with the swoosh about the swoosh.
We won't name names, but you know they make shoes
and such and they've got a swoosh that swoosh movie.
And the guy was driving the guy who was the
uh the supposed age of the big agent Vacaro. They
are the oh yeah, the Matt Damon to go get
(02:33):
Michael Jordan.
Speaker 4 (02:34):
And this is who wasn't the agent Matt Dams.
Speaker 3 (02:36):
I think you're right. I don't know those guys like
you do, but but but I think you're right. But
with that said, guys, again, we're gonna start with a
big please, thank you, thank you Madison Nation. Welcome aboard
the cruise ship. You guys are crushing it. D O
D two point zeros and and and and from our
friends at Nationwide twenty twenty five Tax Planning Quick Reference Guide.
(03:01):
It's that simple, guys, it's at simpthing. Now, here's what
I'm going to say. What we're doing now and this
is exactly what we want you to do. The text
boxings are being used the www dot Madison it's m
A d I S O N Managers m A N
A g E r s dot com. Www Dot Madison
(03:24):
Managers dot com. Accept no substitute, Accept no substitute. Use
the tax boxes because we got so many requests last week.
And this is a big thank you to you. Guys.
You're doing this exactly as we would like you to do.
You're requesting documents not just for you, but for loved ones, children,
because they're the poor people. They pick up the piece
(03:46):
one hundred percent. And this is and as much as
Michael Brown says that to get a little chuckle, it
is one one hundred percent the case. So again, even
if you have d D version two point zero, we
know most of you, although a lot of if you
requested it last week, you know most of you don't
have the Tax Planning Quick Reference Guide from Nationwide. Okay,
and that's forward looking, guys, this is in an arrears.
(04:07):
This is twenty twenty five to help you with your planning. Guys,
get on there right now www. Dot Madisonmanagers dot com.
And again that's exactly what we want you to do
to do, so big a big applause to all of
you on the cruise ship. You're doing everything right.
Speaker 4 (04:23):
So here's the to do. Now, my brother who works
in this industry, so he understands all of this. It's
gonna be trustee, executor, power of attorney, healthcare directive, all
that jazz. Another question is what if he gets hit
(04:44):
by a bus tomorrow? Who's next in line? All right?
Does everybody listening have a bench. I'm gonna use a
baseball analogy because Dan loves baseball. Love who's next on deck?
Speaker 3 (04:59):
Don't?
Speaker 4 (05:00):
Don't think about that.
Speaker 3 (05:00):
None of us do. None of us do, Mike. And
that goes back to what we just said, except except
some of those some of you guys on the cruise
ship Madison Manager's Nation, some of you are thinking that
way because you're requesting, you're requesting copies of DoD version
to Plano, going out to those loved ones. So it's
(05:22):
just that simple, guys, you're doing a great job and
this is what we want and we can't say thank
you enough. We need this to spread because again, that's
how much work we put into this, and we know
you love it. We need your loved ones to love
it too.
Speaker 4 (05:36):
So I don't know if I told you this. We
all know I mentally Yeah, challenge yep, I'm going on
a cruise stop at the end of February.
Speaker 3 (05:47):
Wait a minute, uh huh uh huh.
Speaker 4 (05:50):
Listen, now, they're better be an eckery. There better be
a mimosa waiting for me. There better be everything that
we do on the Madison cruise.
Speaker 3 (05:59):
Let me ask it, crazy goes. So if we tie
a let's say we tie some what are those pallets?
Speaker 4 (06:05):
Pallets? What are the palettes? Palettes?
Speaker 3 (06:08):
If we tie some palettes to your back with with
the od's on them stacked up right like we get
them delivered by the thousand, would that be considered contramand
or will they allow you on the cruise ship with
those stop it? Would?
Speaker 4 (06:22):
I can't breathe?
Speaker 3 (06:23):
Would they really? Michael? Everyone, guys, if you.
Speaker 4 (06:26):
Don't you know, he climb Mount Everest with yes, with
a show, you will be Harry's all the game.
Speaker 3 (06:31):
You will be the sherpa. Yes, indeed. Now here's the point, guys.
And again what we also say is in addition to
being a please and thank you shop, which you guys
know that we are. Okay, you know that we are,
we literally play hurt and we will not miss awake.
We believe that's our duty to you.
Speaker 4 (06:49):
I'll be calling in from wherever we are.
Speaker 3 (06:52):
But Michael, Michael literally had surgery just yesterday. Surgery not
not a like a outpatient type deally, he had true
surgery and he's here today, guys. So like we always say,
respect our repetitions. This is our work ethic. This is
not an act you You guys know, you guys know listen,
(07:13):
you know you can always reach us. You do not
hesitate to reach me, especially yes does not reach out
your guys. This is what we love to do. We
love to help, and you know we're gonna get into
something which again, this is gonna blow Mike's gasket. And
I did not preface this. He is not cued in.
It's gonna blow his gasket. But what it centers on
(07:38):
is the reality that I will put two of our
pillars in front of Michael and in front of you all.
These would be pillar three and pillar four right, which
means growth with protection, correct growth with protection. And we
can make an argument that is coherent, cogent, and highly
(08:05):
highly useful that these particular investments had we all meaning
those of us listening, all of us together, had we
utilized these tools at younger ages, had they been available,
right at younger ages. They've only been around for a decade,
exactly at younger ages. In our investing career, Michael, I
(08:28):
could make a very coherent, cogent argument that a lot
of us would have higher net worse.
Speaker 4 (08:36):
Not just higher net worse. We might sleep a little
better at.
Speaker 3 (08:40):
Night, sleep better night, higher net worse. We would all
have built in estate planning for our after tax moneies, right,
for our after tax moneies. We would in full tax shelter, right,
so there wouldn't be these ten ninety nine's taking monies
from us each and every year. Right. So what happens.
What happens, guys, is when we it's such silliness, such
(09:03):
silliness that we run across where you literally hear something
along these lines, Michael quote, you're too young for that
type of investment.
Speaker 4 (09:18):
You're too Youngians, Michael.
Speaker 3 (09:22):
To your point, you immediately know that person has something.
Speaker 4 (09:26):
To sell and what they're going to sell you.
Speaker 5 (09:29):
Yes, yes, is yes, the portfolio, the blueberry pie unprotected portfolio,
the blueberry pie unprotected fully taxable portfolio.
Speaker 4 (09:43):
Just wait, every.
Speaker 3 (09:47):
Good, just for your liking, just for your enjoyment, and
that's guys, that is what we're going into segment two.
But right now again, big kudos to all of you.
We need more D O D two point zero is
going to your friends, going to your family members again,
let us know how we can get those out. The
best way is, I think it's right now. Just do it.
(10:08):
Do it whilst you're listening. Www dot Madison, m A
D I S O N Managers m A N A
G E R s dot com. Use any one of
the tax boxes. Just let us know how many need,
how we can be in touch. You want to leave
your relatives, you want to leave their contact information, whatever
it may be. We are ready to dispense the goods. Guys,
(10:28):
we'll see it right back.
Speaker 2 (10:33):
You are about to experience the planning for Prosperity Show
in three two here.
Speaker 3 (10:46):
Oh fu, I don't know who does not? Culture Clad
isn't what is going on here? Howard Jones, Howard Jones,
Oh wow, this is dance Party Sunday, Stan Polansky bringing
it to you. Michael Brown's playing hurt Managing Director Michael Brown.
(11:07):
I'm making a circular motion with my one arm that works.
I'm apologizing that. Great job, mister producer.
Speaker 6 (11:17):
Did you get some help from miss Mary? No, no, no,
Miss Mary, you're listening. He's claiming now, is that I
don't care. That's I'll find out this week. Don't don't
you worry. Don't you worry.
Speaker 4 (11:28):
I'm not convinced.
Speaker 3 (11:30):
I'm not under no circumstances have I convinced that.
Speaker 4 (11:33):
Wait, I gotta tell you something. Last week, we had
some chuckles at one of the big Wall Street investment
firms making all their twenty twenty five projections, and someone
called me up and said, Mike, what in the world
are you talking about when this particular research firm said
(11:57):
that stocks are in the tenth decile meaning don't mean
anything in their view, as expensive as it gets, meaning
more headwinds than tailwinds.
Speaker 3 (12:11):
You know what, But Mike, to that point, to that point,
just saying that again, just as an outright statement, that
means nothing, even to the institutional reader that's reading that,
it doesn't mean anything.
Speaker 4 (12:22):
And this was a one hundred and eighteen page document.
Speaker 3 (12:25):
Right, it doesn't mean right, it's it's it's it's irrelevant statement.
I'm wondering, does that mean they don't go higher? What
does that mean? Even if that's what you're a reference
sing they are in the tenth s. I with respect
to I would assume price to sales expect whatever it
happens to be in terms of stretch valuation. Does that
(12:45):
mean they don't go higher?
Speaker 4 (12:46):
Does that mean it means they want you to take
your money out of the S and P five hundred
index wherever it is and put it into their private
equity funds.
Speaker 3 (12:57):
Oh, that's awesome, because that's so much better. Yeah, and
we all know, guys, those of us in the business.
By the way, guys again, welcome aboard the cruise ship.
If you're a first time or we've got to remind
you the best way to get in touch with us here,
whether it's appointments, whether you want us to look at
your statements, a state planning, if you want the DoD
two point zero, either for yourself and or your loved ones. Again,
(13:17):
we are allowed to have an opinion. In our opinion,
it is our best estate planning work. It is professionally bound.
It is what we call consumer grade, meaning we want
to consume it too. Okay, meaning it is not it
does not belong in the University of Michigan and Arbor
Law Library. Okay, it's meant to be there as a
tool for you and your family.
Speaker 4 (13:35):
Okay, And it doesn't weigh eighty four pounds.
Speaker 3 (13:38):
If you would like exactly right, Mike, if you would
like that, we do it free. We ship it for free,
best way www dot Madisonmanagers dot com. Again, you guys
like when I spell it, it's m A D I
S O N M A N A g E R
s dot com. Okay, just let us know how many copies,
let us know how we can get in touch whatever
(13:59):
happens to be. That's how we do it here. Now
I'm gonna blow Mike's socks off with this, Okay. And
I gave a little preface you guys who are with us,
You guys who are with us. First, let's call it
the first inning. Okay, first segment. We talked about something
that will literally blow your minds Okay, and I kind
of gave a little little little appetizer in a moose
(14:20):
boosh if you will, to Michael, because this is gonna
blow Michael's mind. All right, Okay, let us play pretend.
Let us say, hypothetically, hypothetically, one of our clients, one
of you, you happen to be sitting down near a
plan or a financial plan whore, and or at least
(14:40):
someone who claimed to be and you had a conversation
started talking about, Hey, what do you own? All I
own the pillars? Oh, this happened to be someone who's
familiar with us, this plan or which most are they're
familiar with our radio show. Right, they're very familiar. And
they said that, and here's the best part. This is
(15:01):
again this because you're trained with a checklist, right, Mike,
we talk about the questionnaire. Right. They claimed that because
of your age, nothing to do with your behavioral financial tendencies,
as Michael likes to talk about, nothing to do with
your true tolerance for risk, right, knows nothing about your
(15:23):
family situation. Know, it's nothing about your saving situation. It's
nothing but your tax situation.
Speaker 4 (15:28):
Nothing you're stressing me.
Speaker 3 (15:30):
Just happen to say, specifically with respect to pillar three
and pillar four, which are tailored for this type of individual,
and boy ol, boy do I wish we had this
twenty years ago? Tailored? Okay, custom tailored. Said you're too
young to own those types of investments.
Speaker 4 (15:49):
Joe, Wait, so I'm gonna be too young, Michael, protect
my savings, my blood pressure is going up now.
Speaker 3 (15:57):
With the family with and don't forget the family with
the kids. So merry way back in straight and again.
No idea, what networth was, No idea, what anything? Nothing, nothing, nothing,
just asked, just looked at him. I don't even know
if he have to say, I have no idea. It
could have been seventy eight. Is it better to be
seventy eight or twenty eight in a protected investment? Not
really sure?
Speaker 4 (16:15):
You know what It's better to be?
Speaker 3 (16:16):
Yeah? In it.
Speaker 4 (16:17):
Aware that the world is on fire literally figuratively. Go
watch a little Fox News and watch these confirmation hearings.
It is outright war and aside, Pam Bondi is an
absolute rock star. But why wouldn't I protect my money
(16:43):
from all these things that are going.
Speaker 3 (16:45):
Well, let's just guys, and let's just play review here
real quick. For those of you are newbies ander, for
those of you just love love when we get into
review and educate. Let's do Michael's Michael's favorite Okay, Michael's
favorites Pillar four Okay. I am Index Man, right, I
am Index Man, Index Boy, Amen, Index Boy. I love
the spies, I love the cues. I could love the rustle.
(17:05):
Even if I wanted to be Contrarion, I could be
pure International, right, I can be the MSA. Let's love
them all love. We could love them all in a
beautiful portfolio, which, by the way, should scare they been
genus out of that blueberry portfolio of salesman. Here's the
point I can be. Let's just let's just say this.
Let's say I'm nd X man NDX. I want pure cues,
I want I want it all. I want to go
(17:26):
pure tech for the next six years, right, Michael, Is
it true that I can own the index. I can
define the amount of pain, meaning the amount of loss
I'm willing to accept year to year. You heard that, right, everyone,
Year to year, year to year. I can set that
in contractual stone, contractual stone each year for let's say
(17:51):
the next six years, I can be one hundred percent
in my naz dak, my tech attack. My let's get
out there and go. And I've literally defined my downside
risk each and every year while still playing ball. And oh,
(18:12):
by the way, if it's after tax dollars, I'm not
getting ten ninety knights, Michael. Would anyone be too young
for that? Michael? In any no in all seriousness in
any sense of the term young.
Speaker 4 (18:27):
So all this daughter is twenty four.
Speaker 3 (18:30):
Perfect, Okay, let's talk about her.
Speaker 4 (18:32):
And we're facetiming last night. Perfect that this video stuff
that the kids do love it, and she does well.
She's a smart kid. Is making some cash. She says
to me, Dad, I had no idea how much the
government steals of my money. I said, welcome, welcome to
(18:54):
the party.
Speaker 3 (18:54):
Welcome, welcome. Let's go with this, ron, Let's go and
take a step further.
Speaker 4 (18:58):
And I said, well, don't you stop paying taxes on
your investment stuff? Yeah? Yeah, Dad, you've been telling me
about this a long time. I go, let's let's do
the math, right, what's your ten ninety nine is gonna
look like? I don't know? So what do you mean
you don't know? I don't know because the mutual fund world. Correct,
(19:22):
this just drops it on you in December, and then
you get your ten ninety nine in February.
Speaker 3 (19:28):
Absolutely give or take. Absolutely correct.
Speaker 4 (19:31):
And now she's a smart kid. She goes, wait a minute, wait, wait, wait,
So I'm getting these ten ninety ninees of dividends and
interest payments. Isn't that raising my tax rate on my earnings,
and I said a little applause. That's my girl.
Speaker 3 (19:48):
Well done.
Speaker 4 (19:48):
So everyone listening.
Speaker 3 (19:50):
And this is just the tax side that Michaels talking about. Yeah,
this is just the tax assistance if you will, the
tax deferral, the tax shelter if you will, that pillar
war provides. There's nothing to do with the inner workings,
nothing to do with.
Speaker 4 (20:03):
The straight tax.
Speaker 3 (20:04):
This is just straight tax.
Speaker 4 (20:06):
So if I can control my tax issue, situation problem,
whatever you want to call it, why wouldn't I.
Speaker 3 (20:14):
Well, that's that's just number one, Because that's number one.
Speaker 4 (20:17):
I'd rather pay much later when my dollar has decrease
in value, do an inflation currency. Blah blah blah blah blah.
Why am I getting killed today? Well, when I can
define it.
Speaker 3 (20:30):
Like, well, Michael, you and I are both old enough
to remember twenty twenty two, right, which we all are.
I say that tongue in cheek because so many people
have forgotten twenty twenty two, when behavioral finance, the NASTAQ
one hundred, the cues which everyone loves, everyone's in favor
of now, But back then, back then, off you lost
a third of your money, quite simply. But in that
year you lost a third of the view.
Speaker 4 (20:51):
And that wasn't the law because all those CEOs had amnesia.
Speaker 3 (20:54):
That right, they were all bad. That wasn't the low guys.
That's how the year closed. That's dollar in was worth
sixties six cents on the way out. That's the math.
The point is this, are you ever too young to
protect against that? According to this gentleman that'sat sat with
our client, you are Are you ever too young to
(21:16):
protect against that? Unless unless you're ill? You know again,
I don't know what to say, mind.
Speaker 4 (21:21):
Dad, you know what to say.
Speaker 3 (21:22):
I do know it.
Speaker 4 (21:23):
This is the only product they have to sell. It's
it's the only story they have to sell. That's why
I keep tellelling them high chart they have to sell.
Speaker 3 (21:34):
I keep telling you, Mike and again, guys, you guys
know this. And you guys who are devotees, You guys
who are early adopters. It is still early innings with
what we're talking about here. But you guys are feeling it.
You know what you own, You are loving it. You
are loving you know what you own. You you are
so much more confident, and you have no idea how
(21:54):
much more confident you are? How much more confident you
can be Visa VI your neighbor who is in that
bluey Pie portfolio. You have no, no, absolutely no idea.
I knew this would fire you up, Mike, because I
was fighting for days. I wanted to call you, but
I held it back.
Speaker 4 (22:08):
Yeah, because you're evil, but we have to go to
break You just reminded me of something that happened when
I was at Merrilynch twenty five days. So that's the
hard we're I gotta stick around for the next episode.
Speaker 3 (22:20):
Get back in the hot tough time machine. Www dot
Madisonmanagers dot com. Guys, M A D I S O
N M A N A G E r s. Guys,
get us there to set your appointments number one to
get more information on the pillars. And then again, you
guys are doing a great job. Grab DoD version two
point zero for yourself first and then friends and family.
(22:41):
You guys are really really helping us. There. We love it.
We'll see it right back.
Speaker 2 (22:48):
You are about to experience with the planning for prosperity
show A three.
Speaker 3 (22:53):
Two Oh nice, yeah, yeah, yeah. We got a little
electric music like electric slide. Oh I like this passes
over must have Producer Dan polancecy Micael Brown. Oh you
would never know this. If you know this, I will
literally go walk and get your soda. I'll walk down
(23:15):
the street.
Speaker 4 (23:16):
I just want to leave.
Speaker 3 (23:18):
Oh you weren't. Oh I thought you were thinking. Michael
was in surgery yesterday. Everyone, just so you know, all
getting aside. This is again, if nothing else, Dan Polancy,
Michael Brown, Madison Wealth Managers, make no mistake everyone, and
you guys who are devotees, you guys who are on
the cruise ship, you guys who are clients. We do
not sleep. Like the movie I was motors in. Sleep
(23:40):
doesn't sleep. Very guys doesn't sleep. Listen. We're there for
the good, the bad, that's the problem. We're there for
the good, the bad, the ugly more hobbies. The man
sitting across from me literally had surgery yesterday, had surgery yesterday,
and we are here. So that's our commitment to you guys.
If for no other reason, if for no other reason
than that, you want to see the work ethic in action.
Www dot Madison Managers dot com. You guys, like when
(24:03):
I spell it m A D I S O N
m A N A g E r s dot com,
use the text box. And again we are also please
and thank you. So these really super these really what
we used to think were simple things. Right, we we
work right, we earn it. Okay, and and two we
are pleased and thank you. We will put those two items.
(24:24):
Forget all the advanced planning, forget the ideas, forget everything else.
We will put those two characteristics out there up against
your plan oars every day of the week, every day
of the week. We'll hold it out there. All right,
So you're ready, I just want to remind it, all right,
grab just quickly, guys, grab the D O D version
two point o. You're you're fired. I'm, I'm, I'm this
(24:46):
is the most fired up I bet. And I don't
even have a soda. By the way, everyone forgot my
soda today. Not good.
Speaker 1 (24:50):
That was. That was.
Speaker 4 (24:52):
And the people in hair and makeup. I don't like
these new people. Oh the new Oh the hair and
makeup people. Yeah, your profance a little off to know
they need to be replace Yeah, your afonso. I want
I want to give you a couple of catchphrase from
this big Wall Street firm to help everyone with their
investment landscape. Okay, ready, there's a range of policies that
(25:20):
could be friendly to corporate earnings. It's a friendly risk
asset backdrop. The first issue. The markets have already moved
a long way into pricing this outlook baseline, justifying higher prices.
The risks of a broader trade war look underpriced. This
backdrop justifies investing stop and wait in US equities while
(25:46):
using options to tail risk. What does that mean?
Speaker 3 (25:52):
That's what guys, that's what you have to do. You
gotta get in there. What you want to do is
you want to get in there naked, completely naked, and
you're gonna want to start placing your options contract orders
through these brokers. You haven't seen a commission until you
see the until you see those commissions. You you haven't
lived until you've seen those commissions.
Speaker 4 (26:09):
You know who the last bank robbers are? Option trains? Oh, absolutely,
they take They wear a ski mask. Well, I work every.
Speaker 3 (26:15):
Day again because at the end of the day, the
house winds. Guys at the house.
Speaker 4 (26:19):
But this is a top five investment firm telling people
to do this.
Speaker 3 (26:24):
Let me see the name. I'm not gonna get let
me say, let me see the name. Hang on, guys,
pass it. Yeah, of course, I go figure go figure.
Speaker 4 (26:32):
It's it's trading tails and tailwinds whatever.
Speaker 3 (26:35):
That might be awesome. Okay, guys, here here's what's here's
what's going on in the real world. Number one, number one,
and we call this boots on the ground. Here, guys,
this is real world. What's going on? What you guys
are doing? Number one? You are really really getting involved
with DoD version two point zero, which means you're thinking
of state planning. We get this a lot, a lot
at the beginning of the year, and you are right
(26:57):
to do it. Now. The beautiful thing is it works
hand in hand with four out of the five investment
pillars that we talk about, because four out of the
five quite simply put Michael, what do they have? They
have what we call built in real estate planning right,
(27:17):
what we call real estate planning right.
Speaker 4 (27:19):
Totally totally built in, so DAN, that's where I can
avoid probate. That's I can avoid forensic accounting costs. Correct,
I can avoid court fees. I can avoid legal fees.
Speaker 3 (27:29):
And what's the biggie mic what what what?
Speaker 4 (27:31):
What?
Speaker 3 (27:31):
Also? Can you event can you avoid Let's say I
put a million dollars into the spy right, the S
and P five hundred versus I put a million dollars
into Mike's pillar four with which is again I can
own the spy the s and P five hundred. Right,
market goes down twenty five percent, right, which it's appt
to do again, it just did it, guys, remember.
Speaker 4 (27:53):
That that's going to happen.
Speaker 3 (27:55):
Well, we're already down five plus here on the on
the spy. So again, market goes tow let's just say
Marco goes down twenty five percent, you pass away. What
does your beneficiar get, Mike when you use pillar four?
What do they get? They get the all of that,
They get a million dollars pack.
Speaker 4 (28:09):
Right, So if I start with a million bucks, right,
and if I'm naked, it's worth seven to fifty right,
and I die, Hm, my kids get seven fifty if
I'm naked, if you're naked, correct, And what we're doing right,
that million bucks is at seven point fifty right on
the statement. Kids get the million bucks.
Speaker 3 (28:28):
They get the million bucks. And guess what they also
did to your point, Mike, they avoided probate yep automatically
and all the other costs automatically. And who was flippitch?
Who was their conversation with by the way, it was
with us, right, it was with people that actually care.
It wasn't with the one eight hundred.
Speaker 4 (28:43):
You know what, Oh, don't get me started. You know what, guys,
it's Dan does this on purpose to get my blood pressure.
Speaker 3 (28:49):
Well, I'm doing it a little bit today because I
was so disgusted. I was so disgusted and so many things, guys,
And we can only work so hard. We were lying
so much on you guys. And you guys are so great,
you know when it comes to referring friends and family,
getting friends and family involved with the OD process and
all of that, and all the educational material. But when
(29:11):
we hear things like what I heard, you're too young
to be in a protected investment vehicle with knowing nothing, nothing,
nothing about the client situation, it makes my stomach to it.
It's sickening, Mike, It's really, it's really sickening.
Speaker 4 (29:31):
I think you're looking at it in the wrong way.
Why because, and I'm gonna use a terrible term here,
mm hmm. There's a lot of salesmen in our business,
but without them, we wouldn't be able to take all
their clients.
Speaker 3 (29:46):
No, it's true, Mike, but but again, you know it's true,
but you know it just I just don't like that.
I don't like that that stuff. It's just like I said,
it's it's predatory, and it's it's it's not right. It's
not right, Michael, it's on. It's just whether it's lack
of education and or something worse and or something worse.
Because the reality is, as Michael says, is there's a
(30:09):
very real reason why a lot of advisors and this
is again this is the real world. We're not telling
you anything. We were there, right, why they don't use
these vehicles right, the protective principal vehicles, at the motherships,
right at the big wires. There's a lot of reasons, Okay.
(30:31):
Reason number one is very many of these vehicles, including
the best of us, aren't even on the quote platform.
What does that mean, Michael, when you're not on the platform.
Speaker 4 (30:43):
Well, let's first start with why aren't they on the platform? Right?
And the reason is they're not paying for a big
box that's a bank store. That's enough and backdoor dollars. Correct,
that's simple. The number one, that's that two, it's not
as profitable as selling the Blueberry portfolio where you get
(31:08):
hit with these fees there we go every quarter.
Speaker 3 (31:11):
And it's it's not just because and this is not
a knock on. We we have very many a fee
based account. But the point is the point is we
make sure that the phoe based account compliments what you're
doing in pillar two, for instance.
Speaker 4 (31:27):
What you're saying, there's a whole craft?
Speaker 3 (31:29):
What there's okay? Well, well the pillar one is there?
Speaker 4 (31:32):
Four craft? Yes?
Speaker 3 (31:33):
Right, that's what we say pillar pillar one. Guys, that
should be your that should be your craft piece. That
shouldn't be your standalone piece.
Speaker 4 (31:41):
How could Michael?
Speaker 3 (31:42):
How could how got to be standalone? To your point?
The world is on fire. There is no one out there,
no one amongst us who wouldn't agree with that. Right,
the world is on fire. We're not talking markets, guys,
We're not toy markets. The world is on fire. Why
if you're able to place a form of protection underneath
(32:03):
your portfolio, right, any form, any form, whether it's guaranteed income,
whether it's principal protection, whatever it happens to me, why
would you not be thinking about that? First and foremost?
Speaker 4 (32:14):
Here here's why. All right, now it's my turn to
torture you.
Speaker 3 (32:18):
Thank you.
Speaker 4 (32:20):
I'm going through this one hundred and eighteen page twenty
twenty five outlook, and here is what they think is significant,
the statistical significance of explosive behavior in the price of bitcoin,
in how it will drive equity returns.
Speaker 3 (32:39):
Awesome.
Speaker 4 (32:40):
I don't even know what that means.
Speaker 3 (32:43):
I don't know.
Speaker 4 (32:43):
It means nothing.
Speaker 3 (32:44):
What are you gonna do about it?
Speaker 4 (32:46):
Exactly right?
Speaker 3 (32:47):
What are you gonna do about it? It does the.
Speaker 4 (32:49):
Explosive behavior of crypto. What is that gonna do to
my money? My real money?
Speaker 3 (32:56):
Here, here's what it's gonna do.
Speaker 4 (32:57):
Guys.
Speaker 3 (32:58):
Here's I can't.
Speaker 4 (32:59):
I can't let it.
Speaker 3 (33:00):
I can't. And again, guys, not a solicitation by seller.
Speaker 2 (33:03):
Hold.
Speaker 3 (33:03):
Unfortunately, we live in this world. Okay. The point is this.
You listen to this show, you come on board the
cruise ship, you join the Madison Nation because you want advice.
You want advice that makes sense. Okay. So when we
talk about the fact that December and January we're gonna
(33:24):
be a little bit choppy, a little bit rough, if
you will, maybe some maybe, just maybe some of the biggest,
baddest tech companies in the world might give you a
little pullback, you know, little opportunity because you probably preferred
by cheaper as opposed to more expensive. But that's a
to you, I do, But I right. We gave you
the way to play it, and so many of you did,
(33:49):
just talking and saying, well, it might see it. Pullback here, Joe,
and uh, you know, good, heavens it could be a
kind of a deep one. And man, there might even
be a correction coming becase is having sake. There's typically
two a year on average. But I'll just say this
because it just sounds good. What do you do about it?
We give you the playbook, We tell you what to
(34:09):
do about it.
Speaker 4 (34:10):
Well, here's what these really smart guys said. They're gonna
overweight European fixed income. Oh and uh, it's gonna be
I'm quoting this a tactical tilt through a swap structure
based on Switzerland's core consumer price index.
Speaker 3 (34:30):
That's awesome, that's gonna be really cool.
Speaker 4 (34:33):
Why what is happening here is that price.
Speaker 3 (34:36):
On a statement exactly? When you can't even get a.
Speaker 4 (34:38):
Fair price structure. I don't even know what that means.
Speaker 3 (34:41):
You can't even get an accurate when you can't even
get an accurate price, When you can't even get an
accurate price for ammuni bond on your statement. Guys, when
you can't even get an accurate up to the minute
price for a New York State muni bond on your statement,
how would you possibly possibly get an accurate price for
that Swiss swapsh physician.
Speaker 4 (35:00):
This is the nonsense that they're selling people.
Speaker 3 (35:03):
Oh boy, that is hard stuff. That that that that
really that really is guys. I love that. And meanwhile, meanwhile,
what you can do if you again, if you are
interested in actually making money with some protection underneath it,
and oh, by the way, tax shelter, all that good stuff,
Well you can do if you so choose, you could
(35:24):
put one hundred percent of those investment dollars into one
of the world's largest hedge funds. Depending on the day
five butterfly rated. That's not us, that's not us speaking.
Those are the ratings agencies, right, they say it's butterfly rated.
It's all this, it's all that, and oh, by the way,
at the end of the investment term, right right, Mike,
not talking markets, we're talking the world. If something happens
(35:45):
in the world to draw those dollars lower, you get
every penny that you put in back.
Speaker 4 (35:52):
You could do that that is important to me rather
than no overweighting US Energy Infrastructure SIR limited partnership. No,
but you can't make this stuff.
Speaker 3 (36:03):
You can't listen. I want to own that. I want
to own the steel that that oil flows. Listen. With
that said, guys, we are all kinds of fired up today.
Let's keep it simple. Let's dial it back. If you
want to learn, if you want to, if you like it,
if you want to learn more about the pillars again
www dot M A D I S O N M
A N A G E R S dot com, Madison
(36:25):
Managers dot com, use the tax boxes. Let us know
you want to learn more. Also d O D two
point zero. You guys have done such a great job
requesting these not only for yourself but for your loved ones.
That's next level. So that that's cruise ship Madison Nation.
I have a question for you. We're going to break.
Speaker 4 (36:44):
We are going to break. But what if I defer
my tax obligation to the I R S. Yeah, three, four, five,
ten years?
Speaker 3 (36:55):
Great?
Speaker 4 (36:56):
When the dollar is declined, have I saved money?
Speaker 3 (37:00):
Have you saved money? Of course you've saved money, right.
Speaker 4 (37:03):
Right, I mean money is becoming you were paying at
that right.
Speaker 3 (37:06):
Oh, you're going next level there, Mike, Michael. Though you're confusing, Michael.
People are telling cruise ship members that they're too young
to have protection on the portfolio. Now you're going next
Don't blow these weeple's minds out there, Michael. Happy week,
and guys, we'll be right back. Www. Dot Batison managers
Dot God. Let's hear it peg.
Speaker 2 (37:31):
You are about to experience the Planning for Prosperity show
in three two here?
Speaker 3 (37:43):
Oh who is this?
Speaker 4 (37:46):
Oh?
Speaker 3 (37:46):
I should know this, you should know this to Michael Brown. Dampolancy,
Michael Brown, managing director, Michael Brown, Planning for Prosperity Radio starship.
Welcome to the cruise ship now, No, no, no, don't
don't hand it to me at I give you just
twelve more sex Anti Lennox.
Speaker 4 (38:01):
Oh wow, why week?
Speaker 3 (38:04):
Everybody? What a week? I came in all fired up.
Speaker 4 (38:07):
I love her.
Speaker 3 (38:08):
Michael Brown had surgery yesterday. All of the above. Guys.
If you guess this week's theme is tax planning, great job,
and we have just a solution. Now brand new if
you missed last week, brand new, brand new, brand new,
and we're allowed to have favorites. Okay, one of our
favorite service providers out there, and there are very few
(38:31):
left okay nationwide. Okay, you guys know big and sure
a rated all that great stuff happened to have and
again in our opinion, we're allowed to have opinions. Happened
to have a very strong, very strong income income investment Michael, right.
Speaker 4 (38:48):
That yeah, that who doesn't want that? That?
Speaker 3 (38:52):
Well, well it's fits fits very very nicely in pillar two.
But just saying. But the point is, guys, they gave
us access to this twenty twenty five tax planning Quick
Reference Guide. It's exactly as it sounds. It is twenty
twenty five. Realize what we're saying there, right, This is
forward looking to help you plan for this year. We
don't want your plan for last year. Okay, we did
(39:13):
that last year. We helped you plan for last year.
This is this year coming up, and it is quick
reference guide, quick reference guide. Point is we can zap
this out to you if you like it electronically delivered
and or we can mail, right, we can mail. We
can send it in the parcel post if you like that.
But if you're doing parcel post, guys, please attach with
it a DoD version two point zero. If you don't
(39:36):
know what we're talking about, simply put in our opinion.
And we're allowed to have opinions. It is our best
estate planning work ever, and it is professionally bound. It
is consumer grade, meaning we like to consume it too, Okay,
so therefore we feel that is a very good chance
of you enjoying it as well. So the point is,
let us know the best way.
Speaker 4 (39:55):
And it's free.
Speaker 3 (39:55):
Guys, it's free. Understand that too. I can't emphasize that
enough because we get that so often. Everybody thinks there's
some sort of catch or something that, Guys, it's all free.
We ship it for free. It arrives at your doorstep.
You'll be you'll be pleasantly surprised that the postage is paid.
So the best way to do it is www dot
Madison Managers dot com, use any one of the tax
(40:17):
boxes and let us know.
Speaker 4 (40:18):
So everybody knows. Yes, and sometimes you and I forget
that we're the angriest investment show on the radio.
Speaker 3 (40:26):
We have reason to be angry, Mike.
Speaker 4 (40:28):
But when I say that, if you and I wouldn't
consume what's in the d D what's in the tax guide?
What's in the tax guide to withdrawals and income sources?
We wouldn't give it to you, right, Oh yeah, this
is no BS. So if you and I consume it,
(40:49):
we wouldn't. So everyone, all right, let's go back to
something really important.
Speaker 3 (40:56):
Mike, I'm gonna go. Can I jump you real quick?
Can I jump you real quick? Because here's the point, Mike,
we are. And again, maybe as a contrarian, guys, maybe
my contrarian hat should go on, and maybe this should
be a by signal. But I will say this, there's
a lot of individuals out there, okay, who are getting
fed up with Bondland. They're getting fed up, Mike, with Bondland.
Speaker 4 (41:19):
We've been talking about how awful bond funds are for
two years.
Speaker 3 (41:24):
But it's not it's not just And again, guys, it's not.
It's we are not picking on the managers. We're not
picking on the portfolio allocators. We're not picking on the
allocation within your portfolio. It is what it is, especially
in mutual fundland, where the problem becomes as such, right,
(41:45):
as such, when your neighbor gets fed up with Bondland
picks up the one eight hundred number and sells their
piece of bondland. That fund manager has to sell bonds regardless,
regardless into a bad hat. So you're we're getting hurt
because of the frustrations of your favorite neighbor. That's how
it works, guys, that those are the mechanics.
Speaker 4 (42:06):
Keep going.
Speaker 3 (42:07):
It's nothing.
Speaker 4 (42:07):
You're going to get a correct where you owe taxes
on an investment that has lost value. Again correct, that's
just gonna be three years in a row.
Speaker 3 (42:19):
Yeah, well, last year pretty close. Last time might have
been flat, but it ain't. This year in twenty two
was mockery. So the point is this, guys, if you're
fat up, the alternatives are there now. And we're not
talking about go one hundred percent. Oh gee, let's go
one hundred percent equities and we'll sit out there naked
(42:40):
and we'll all hope everything works out. No, boy, I'm
telling you what we're talking about. Mike's talking about pillar five.
Mike's out there with pillar five. Mike's out there with
pillar five, which I thought would never get traction. But
you guys, you guys on the cruise ship.
Speaker 4 (42:56):
I'm doing a little touchdown.
Speaker 3 (42:57):
An you prove me very very wrong. Michael could you
sing us the praises for those of you are again right,
wrong or indifferent? You're fed up with your bond funds, right,
You've got to keep going? What about all the target
date funds? Better yet, talk to us, Mike Educatus as
only you do. On pillar five. Please guys, listen. This
(43:17):
is a treat.
Speaker 4 (43:18):
So I like to know what my outcomes can be,
because to find out I don't. I don't like gray
area to find out come. That's why I wear a seatbelt.
I don't eat bacon five times a day. I don't
drink whiskey all day, although i'd like to. Yeah, I
want to know. If the stock market or bond market
(43:39):
have another horrific year, what's my worst case scenario? And
in pillar five this is your boring stuff.
Speaker 3 (43:48):
This can be a portion of your portfolio.
Speaker 4 (43:51):
If your list should be every money, every dollar you
have in a bond fund, this is where it should go.
My worst case scenario is I make a positive three percent.
Say that again, the world is on fire and the
stock and bond markets go to zero. I make three percent.
Speaker 3 (44:08):
This is contractually guaranteed. Right, might like all we talk about?
Speaker 4 (44:10):
Yeah, okay, maybe the world keeps spinning great, and maybe
the stock market goes seven percent?
Speaker 3 (44:17):
How much did you make?
Speaker 4 (44:18):
I get the seven?
Speaker 3 (44:19):
Oh okay, what if it goes.
Speaker 4 (44:21):
Up seven and a half? I get the seven and
a half. I like that. So I know my worst
case scenario and what I could possibly get. But keep
it going. Every gain I make that becomes my new
what we call a floor. Now that is my contractually
guaranteed worst scenario where I can compound from.
Speaker 1 (44:45):
Now.
Speaker 4 (44:45):
I don't know if I'm doing a great job explaining that.
Speaker 3 (44:48):
I think you're masterful job.
Speaker 4 (44:49):
But think of this last three years, David, I own
a bond fund in Mississippi. My dollar is worth ninety
cents and I paid tax every year.
Speaker 3 (45:00):
And it's nobody's fault.
Speaker 4 (45:02):
It's just that's just the world. Absolutely, if I had
Pillar five, I made three percent compounded per year and
I paid no tax.
Speaker 3 (45:12):
Do you know why? More people?
Speaker 4 (45:14):
But you know it? Last year I made eight You're
thrilled eight percent? Right?
Speaker 3 (45:19):
And this is this is your again, this is your money, right,
this is your quote bond, this is your safe this
is my boring money, boring money, well said, Oh.
Speaker 4 (45:27):
I like all these target date funds I think have
lured people into this false sense of security. Oh, because
we're going to put a date on it, on data,
I'm gonna call it the twenty twenty eight fund. How
can that go wrong?
Speaker 3 (45:41):
Yeah?
Speaker 4 (45:42):
And they blow up every day.
Speaker 3 (45:44):
And and also the problem becomes two guys, is that
we're all that know every time you come into visit,
every time you come into visit, even if you're kicking
the tires on the cruise ship. There's no argument. We
don't get an argument back from anyone when we say,
do you believe at some point in your lifetime you
(46:04):
are going to need contractually guaranteed monies coming into your mailbox?
And you're checking my hands up? Do you agree with
that at some point in your lifetime? There is not
a single one of you, there's not a single one
of you that doesn't agree with that. How can you?
How can you disagree with that?
Speaker 4 (46:23):
Now here's my disagreement. I have twenty million dollars, okay,
and I just put it in treasuries. I'm done right, well,
or that's my place of security. Or but if we
don't have twenty million dollars, maybe we need to be
a bit more responsible with our assets.
Speaker 3 (46:41):
And what if we did it this way too, Mike.
What if we flipped it a little bit from that
standpoint and said, hmmm, what if we're someone that, you know, again,
we're one of these maybe these shall we say, debt watchers,
right who maybe maybe or maybe a little uncomfortable maybe
going out ten years with the US Treasury and you know,
not saying you should be or shouldn't they? But why
(47:02):
not diversify? Right? Why not? When I have so many
terrific options that we're talking about, right that don't that
don't involve magenta. They don't involve they they don't involve pumpkin, right,
they don't involve deep autumn pumpkin stop and our light
light spring magenta. They don't involve that. When we can
(47:23):
diversify you out, why not and maybe maybe improve your
total return for your family.
Speaker 4 (47:29):
So I'm looking at mister producer's tie.
Speaker 3 (47:32):
What would you call that?
Speaker 4 (47:33):
Violet?
Speaker 3 (47:34):
Violet? Yeah, like that? But again that's the color of
the emerging market, right, high yield fixed income peace within
the Blueberry portfolio.
Speaker 4 (47:42):
That they're gonna put two percent of your money. Absolute, absolutely, guys.
I love the fact that madisination has woken up.
Speaker 3 (47:48):
Yeah, no, no, no, And you guys. Like I said,
you guys are spreading the word. That's how we grow.
That's why we thank you so profusely. You are doing
such a wonderful job. And again I've got to gotta say, hey,
p thank you so much guys, because you've taken this
next level so again, taking it to close. Unfortunately, we
(48:08):
gotta go. Unfortunately, Michael's got to recover from a surgery.
This is not a joke, guys. He had surgery yesterday,
full surgery yesterday, and he's here with us.
Speaker 4 (48:16):
Hey, you know what the great ones play hurt?
Speaker 3 (48:17):
They play hurt. Respect our repetition.
Speaker 4 (48:19):
Yeah, Peyton said that.
Speaker 3 (48:21):
I think so respect our repetitions, guys. Easiest way to
get acquainted just go right on now www dot Madison
Managers dot com. I'll spell it m A D I
S O N M A N A G E R
s dot com. Use the tax boxes. Let us know
two things, two giveaways, the twenty twenty five tax planning
quick reference guy from Nationwide and then our d D
(48:44):
two point zero. Guys. It's it's fully bound, it's professionally bound.
We believe it's our best estate planning work ever. Guys,
they're freebies. That's the best way to kick the tires.
Let us know how many compies you want. Congrats Madison
Nation for getting these in the hands of your loved ones.
Keep it up, We're ready for a big week. We'll
see you in the office.
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other entities and or marketing names, products or services referenced
here are independent of Osaic Wealth. Madison Wealth Managers and
Osaic Wealth Inc. Are separate and unrelated companies. Information provided
is for illustrative purposes only and does not constitute investment,
tax or legal advice. Information has been obtained from sources
(00:21):
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Neither Osaic Wealth Inc. Nor Madison Wealth Managers accept any
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Any opinions expressed in this form are not the opinion
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are subject to change without notification. The information presented is
(00:44):
provided for informational purposes only and not to be construed
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Speaker 2 (01:04):
You are about to experience the planning for prosperity Show
three two.
Speaker 3 (01:10):
Who here, Oh my favorite, I'm drawing a black Dan Lantsky,
Michael Brown, managing director, Michael Brown, Madison Well managers.
Speaker 4 (01:23):
I know that Sun and Winter a time.
Speaker 3 (01:28):
Big Country Contra Country nineteen ninety four, am I Ryan
nineteen ninety four, who.
Speaker 4 (01:36):
Had checked names an album after the band.
Speaker 3 (01:39):
One of the great songs of all time. Way to
start it. We are fired up? I remember everybody.
Speaker 4 (01:45):
They had the song like Africa from the album Afrifrica.
Speaker 3 (01:49):
Yeah, yeah, this is Look up that date. Look up
that date. I'm almost positive, useless trivia. You know where
it is.
Speaker 4 (01:55):
You came out of the gates, firing, firing.
Speaker 3 (01:57):
I'm all and you know why, I'm all kinds of
air up. I'm gonna eighty four eighty four is eighty
three eighty three or ninety three eighty three? No, no, no,
you know where it's no, no, no, no no, you know where.
You know where this came from?
Speaker 4 (02:10):
You know?
Speaker 3 (02:11):
And again I'm sure it's in a thousand movies. But
you know where the date linked to the song was.
It was in that movie with the swoosh about the swoosh.
We won't name names, but you know they make shoes
and such and they've got a swoosh that swoosh movie.
And the guy was driving the guy who was the
uh the supposed age of the big agent Vacaro. They
are the oh yeah, the Matt Damon to go get
(02:33):
Michael Jordan.
Speaker 4 (02:34):
And this is who wasn't the agent Matt Dams.
Speaker 3 (02:36):
I think you're right. I don't know those guys like
you do, but but but I think you're right. But
with that said, guys, again, we're gonna start with a
big please, thank you, thank you Madison Nation. Welcome aboard
the cruise ship. You guys are crushing it. D O
D two point zeros and and and and from our
friends at Nationwide twenty twenty five Tax Planning Quick Reference Guide.
(03:01):
It's that simple, guys, it's at simpthing. Now, here's what
I'm going to say. What we're doing now and this
is exactly what we want you to do. The text
boxings are being used the www dot Madison it's m
A d I S O N Managers m A N
A g E r s dot com. Www Dot Madison
(03:24):
Managers dot com. Accept no substitute, Accept no substitute. Use
the tax boxes because we got so many requests last week.
And this is a big thank you to you. Guys.
You're doing this exactly as we would like you to do.
You're requesting documents not just for you, but for loved ones, children,
because they're the poor people. They pick up the piece
(03:46):
one hundred percent. And this is and as much as
Michael Brown says that to get a little chuckle, it
is one one hundred percent the case. So again, even
if you have d D version two point zero, we
know most of you, although a lot of if you
requested it last week, you know most of you don't
have the Tax Planning Quick Reference Guide from Nationwide. Okay,
and that's forward looking, guys, this is in an arrears.
(04:07):
This is twenty twenty five to help you with your planning. Guys,
get on there right now www. Dot Madisonmanagers dot com.
And again that's exactly what we want you to do
to do, so big a big applause to all of
you on the cruise ship. You're doing everything right.
Speaker 4 (04:23):
So here's the to do. Now, my brother who works
in this industry, so he understands all of this. It's
gonna be trustee, executor, power of attorney, healthcare directive, all
that jazz. Another question is what if he gets hit
(04:44):
by a bus tomorrow? Who's next in line? All right?
Does everybody listening have a bench. I'm gonna use a
baseball analogy because Dan loves baseball. Love who's next on deck?
Speaker 3 (04:59):
Don't?
Speaker 4 (05:00):
Don't think about that.
Speaker 3 (05:00):
None of us do. None of us do, Mike. And
that goes back to what we just said, except except
some of those some of you guys on the cruise
ship Madison Manager's Nation, some of you are thinking that
way because you're requesting, you're requesting copies of DoD version
to Plano, going out to those loved ones. So it's
(05:22):
just that simple, guys, you're doing a great job and
this is what we want and we can't say thank
you enough. We need this to spread because again, that's
how much work we put into this, and we know
you love it. We need your loved ones to love
it too.
Speaker 4 (05:36):
So I don't know if I told you this. We
all know I mentally Yeah, challenge yep, I'm going on
a cruise stop at the end of February.
Speaker 3 (05:47):
Wait a minute, uh huh uh huh.
Speaker 4 (05:50):
Listen, now, they're better be an eckery. There better be
a mimosa waiting for me. There better be everything that
we do on the Madison cruise.
Speaker 3 (05:59):
Let me ask it, crazy goes. So if we tie
a let's say we tie some what are those pallets?
Speaker 4 (06:05):
Pallets? What are the palettes? Palettes?
Speaker 3 (06:08):
If we tie some palettes to your back with with
the od's on them stacked up right like we get
them delivered by the thousand, would that be considered contramand
or will they allow you on the cruise ship with
those stop it? Would?
Speaker 4 (06:22):
I can't breathe?
Speaker 3 (06:23):
Would they really? Michael? Everyone, guys, if you.
Speaker 4 (06:26):
Don't you know, he climb Mount Everest with yes, with
a show, you will be Harry's all the game.
Speaker 3 (06:31):
You will be the sherpa. Yes, indeed. Now here's the point, guys.
And again what we also say is in addition to
being a please and thank you shop, which you guys
know that we are. Okay, you know that we are,
we literally play hurt and we will not miss awake.
We believe that's our duty to you.
Speaker 4 (06:49):
I'll be calling in from wherever we are.
Speaker 3 (06:52):
But Michael, Michael literally had surgery just yesterday. Surgery not
not a like a outpatient type deally, he had true
surgery and he's here today, guys. So like we always say,
respect our repetitions. This is our work ethic. This is
not an act you You guys know, you guys know listen,
(07:13):
you know you can always reach us. You do not
hesitate to reach me, especially yes does not reach out
your guys. This is what we love to do. We
love to help, and you know we're gonna get into
something which again, this is gonna blow Mike's gasket. And
I did not preface this. He is not cued in.
It's gonna blow his gasket. But what it centers on
(07:38):
is the reality that I will put two of our
pillars in front of Michael and in front of you all.
These would be pillar three and pillar four right, which
means growth with protection, correct growth with protection. And we
can make an argument that is coherent, cogent, and highly
(08:05):
highly useful that these particular investments had we all meaning
those of us listening, all of us together, had we
utilized these tools at younger ages, had they been available,
right at younger ages. They've only been around for a decade,
exactly at younger ages. In our investing career, Michael, I
(08:28):
could make a very coherent, cogent argument that a lot
of us would have higher net worse.
Speaker 4 (08:36):
Not just higher net worse. We might sleep a little
better at.
Speaker 3 (08:40):
Night, sleep better night, higher net worse. We would all
have built in estate planning for our after tax moneies, right,
for our after tax moneies. We would in full tax shelter, right,
so there wouldn't be these ten ninety nine's taking monies
from us each and every year. Right. So what happens.
What happens, guys, is when we it's such silliness, such
(09:03):
silliness that we run across where you literally hear something
along these lines, Michael quote, you're too young for that
type of investment.
Speaker 4 (09:18):
You're too Youngians, Michael.
Speaker 3 (09:22):
To your point, you immediately know that person has something.
Speaker 4 (09:26):
To sell and what they're going to sell you.
Speaker 5 (09:29):
Yes, yes, is yes, the portfolio, the blueberry pie unprotected portfolio,
the blueberry pie unprotected fully taxable portfolio.
Speaker 4 (09:43):
Just wait, every.
Speaker 3 (09:47):
Good, just for your liking, just for your enjoyment, and
that's guys, that is what we're going into segment two.
But right now again, big kudos to all of you.
We need more D O D two point zero is
going to your friends, going to your family members again,
let us know how we can get those out. The
best way is, I think it's right now. Just do it.
(10:08):
Do it whilst you're listening. Www dot Madison, m A
D I S O N Managers m A N A
G E R s dot com. Use any one of
the tax boxes. Just let us know how many need,
how we can be in touch. You want to leave
your relatives, you want to leave their contact information, whatever
it may be. We are ready to dispense the goods. Guys,
(10:28):
we'll see it right back.
Speaker 2 (10:33):
You are about to experience the planning for Prosperity Show
in three two here.
Speaker 3 (10:46):
Oh fu, I don't know who does not? Culture Clad
isn't what is going on here? Howard Jones, Howard Jones,
Oh wow, this is dance Party Sunday, Stan Polansky bringing
it to you. Michael Brown's playing hurt Managing Director Michael Brown.
(11:07):
I'm making a circular motion with my one arm that works.
I'm apologizing that. Great job, mister producer.
Speaker 6 (11:17):
Did you get some help from miss Mary? No, no, no,
Miss Mary, you're listening. He's claiming now, is that I
don't care. That's I'll find out this week. Don't don't
you worry. Don't you worry.
Speaker 4 (11:28):
I'm not convinced.
Speaker 3 (11:30):
I'm not under no circumstances have I convinced that.
Speaker 4 (11:33):
Wait, I gotta tell you something. Last week, we had
some chuckles at one of the big Wall Street investment
firms making all their twenty twenty five projections, and someone
called me up and said, Mike, what in the world
are you talking about when this particular research firm said
(11:57):
that stocks are in the tenth decile meaning don't mean
anything in their view, as expensive as it gets, meaning
more headwinds than tailwinds.
Speaker 3 (12:11):
You know what, But Mike, to that point, to that point,
just saying that again, just as an outright statement, that
means nothing, even to the institutional reader that's reading that,
it doesn't mean anything.
Speaker 4 (12:22):
And this was a one hundred and eighteen page document.
Speaker 3 (12:25):
Right, it doesn't mean right, it's it's it's it's irrelevant statement.
I'm wondering, does that mean they don't go higher? What
does that mean? Even if that's what you're a reference
sing they are in the tenth s. I with respect
to I would assume price to sales expect whatever it
happens to be in terms of stretch valuation. Does that
(12:45):
mean they don't go higher?
Speaker 4 (12:46):
Does that mean it means they want you to take
your money out of the S and P five hundred
index wherever it is and put it into their private
equity funds.
Speaker 3 (12:57):
Oh, that's awesome, because that's so much better. Yeah, and
we all know, guys, those of us in the business.
By the way, guys again, welcome aboard the cruise ship.
If you're a first time or we've got to remind
you the best way to get in touch with us here,
whether it's appointments, whether you want us to look at
your statements, a state planning, if you want the DoD
two point zero, either for yourself and or your loved ones. Again,
(13:17):
we are allowed to have an opinion. In our opinion,
it is our best estate planning work. It is professionally bound.
It is what we call consumer grade, meaning we want
to consume it too. Okay, meaning it is not it
does not belong in the University of Michigan and Arbor
Law Library. Okay, it's meant to be there as a
tool for you and your family.
Speaker 4 (13:35):
Okay, And it doesn't weigh eighty four pounds.
Speaker 3 (13:38):
If you would like exactly right, Mike, if you would
like that, we do it free. We ship it for free,
best way www dot Madisonmanagers dot com. Again, you guys
like when I spell it, it's m A D I
S O N M A N A g E R
s dot com. Okay, just let us know how many copies,
let us know how we can get in touch whatever
(13:59):
happens to be. That's how we do it here. Now
I'm gonna blow Mike's socks off with this, Okay. And
I gave a little preface you guys who are with us,
You guys who are with us. First, let's call it
the first inning. Okay, first segment. We talked about something
that will literally blow your minds Okay, and I kind
of gave a little little little appetizer in a moose
(14:20):
boosh if you will, to Michael, because this is gonna
blow Michael's mind. All right, Okay, let us play pretend.
Let us say, hypothetically, hypothetically, one of our clients, one
of you, you happen to be sitting down near a
plan or a financial plan whore, and or at least
(14:40):
someone who claimed to be and you had a conversation
started talking about, Hey, what do you own? All I
own the pillars? Oh, this happened to be someone who's
familiar with us, this plan or which most are they're
familiar with our radio show. Right, they're very familiar. And
they said that, and here's the best part. This is
(15:01):
again this because you're trained with a checklist, right, Mike,
we talk about the questionnaire. Right. They claimed that because
of your age, nothing to do with your behavioral financial tendencies,
as Michael likes to talk about, nothing to do with
your true tolerance for risk, right, knows nothing about your
(15:23):
family situation. Know, it's nothing about your saving situation. It's
nothing but your tax situation.
Speaker 4 (15:28):
Nothing you're stressing me.
Speaker 3 (15:30):
Just happen to say, specifically with respect to pillar three
and pillar four, which are tailored for this type of individual,
and boy ol, boy do I wish we had this
twenty years ago? Tailored? Okay, custom tailored. Said you're too
young to own those types of investments.
Speaker 4 (15:49):
Joe, Wait, so I'm gonna be too young, Michael, protect
my savings, my blood pressure is going up now.
Speaker 3 (15:57):
With the family with and don't forget the family with
the kids. So merry way back in straight and again.
No idea, what networth was, No idea, what anything? Nothing, nothing, nothing,
just asked, just looked at him. I don't even know
if he have to say, I have no idea. It
could have been seventy eight. Is it better to be
seventy eight or twenty eight in a protected investment? Not
really sure?
Speaker 4 (16:15):
You know what It's better to be?
Speaker 3 (16:16):
Yeah? In it.
Speaker 4 (16:17):
Aware that the world is on fire literally figuratively. Go
watch a little Fox News and watch these confirmation hearings.
It is outright war and aside, Pam Bondi is an
absolute rock star. But why wouldn't I protect my money
(16:43):
from all these things that are going.
Speaker 3 (16:45):
Well, let's just guys, and let's just play review here
real quick. For those of you are newbies ander, for
those of you just love love when we get into
review and educate. Let's do Michael's Michael's favorite Okay, Michael's
favorites Pillar four Okay. I am Index Man, right, I
am Index Man, Index Boy, Amen, Index Boy. I love
the spies, I love the cues. I could love the rustle.
(17:05):
Even if I wanted to be Contrarion, I could be
pure International, right, I can be the MSA. Let's love
them all love. We could love them all in a
beautiful portfolio, which, by the way, should scare they been
genus out of that blueberry portfolio of salesman. Here's the
point I can be. Let's just let's just say this.
Let's say I'm nd X man NDX. I want pure cues,
I want I want it all. I want to go
(17:26):
pure tech for the next six years, right, Michael, Is
it true that I can own the index. I can
define the amount of pain, meaning the amount of loss
I'm willing to accept year to year. You heard that, right, everyone,
Year to year, year to year. I can set that
in contractual stone, contractual stone each year for let's say
(17:51):
the next six years, I can be one hundred percent
in my naz dak, my tech attack. My let's get
out there and go. And I've literally defined my downside
risk each and every year while still playing ball. And oh,
(18:12):
by the way, if it's after tax dollars, I'm not
getting ten ninety knights, Michael. Would anyone be too young
for that? Michael? In any no in all seriousness in
any sense of the term young.
Speaker 4 (18:27):
So all this daughter is twenty four.
Speaker 3 (18:30):
Perfect, Okay, let's talk about her.
Speaker 4 (18:32):
And we're facetiming last night. Perfect that this video stuff
that the kids do love it, and she does well.
She's a smart kid. Is making some cash. She says
to me, Dad, I had no idea how much the
government steals of my money. I said, welcome, welcome to
(18:54):
the party.
Speaker 3 (18:54):
Welcome, welcome. Let's go with this, ron, Let's go and
take a step further.
Speaker 4 (18:58):
And I said, well, don't you stop paying taxes on
your investment stuff? Yeah? Yeah, Dad, you've been telling me
about this a long time. I go, let's let's do
the math, right, what's your ten ninety nine is gonna
look like? I don't know? So what do you mean
you don't know? I don't know because the mutual fund world. Correct,
(19:22):
this just drops it on you in December, and then
you get your ten ninety nine in February.
Speaker 3 (19:28):
Absolutely give or take. Absolutely correct.
Speaker 4 (19:31):
And now she's a smart kid. She goes, wait a minute, wait, wait, wait,
So I'm getting these ten ninety ninees of dividends and
interest payments. Isn't that raising my tax rate on my earnings,
and I said a little applause. That's my girl.
Speaker 3 (19:48):
Well done.
Speaker 4 (19:48):
So everyone listening.
Speaker 3 (19:50):
And this is just the tax side that Michaels talking about. Yeah,
this is just the tax assistance if you will, the
tax deferral, the tax shelter if you will, that pillar
war provides. There's nothing to do with the inner workings,
nothing to do with.
Speaker 4 (20:03):
The straight tax.
Speaker 3 (20:04):
This is just straight tax.
Speaker 4 (20:06):
So if I can control my tax issue, situation problem,
whatever you want to call it, why wouldn't I.
Speaker 3 (20:14):
Well, that's that's just number one, Because that's number one.
Speaker 4 (20:17):
I'd rather pay much later when my dollar has decrease
in value, do an inflation currency. Blah blah blah blah blah.
Why am I getting killed today? Well, when I can
define it.
Speaker 3 (20:30):
Like, well, Michael, you and I are both old enough
to remember twenty twenty two, right, which we all are.
I say that tongue in cheek because so many people
have forgotten twenty twenty two, when behavioral finance, the NASTAQ
one hundred, the cues which everyone loves, everyone's in favor
of now, But back then, back then, off you lost
a third of your money, quite simply. But in that
year you lost a third of the view.
Speaker 4 (20:51):
And that wasn't the law because all those CEOs had amnesia.
Speaker 3 (20:54):
That right, they were all bad. That wasn't the low guys.
That's how the year closed. That's dollar in was worth
sixties six cents on the way out. That's the math.
The point is this, are you ever too young to
protect against that? According to this gentleman that'sat sat with
our client, you are Are you ever too young to
(21:16):
protect against that? Unless unless you're ill? You know again,
I don't know what to say, mind.
Speaker 4 (21:21):
Dad, you know what to say.
Speaker 3 (21:22):
I do know it.
Speaker 4 (21:23):
This is the only product they have to sell. It's
it's the only story they have to sell. That's why
I keep tellelling them high chart they have to sell.
Speaker 3 (21:34):
I keep telling you, Mike and again, guys, you guys
know this. And you guys who are devotees, You guys
who are early adopters. It is still early innings with
what we're talking about here. But you guys are feeling it.
You know what you own, You are loving it. You
are loving you know what you own. You you are
so much more confident, and you have no idea how
(21:54):
much more confident you are? How much more confident you
can be Visa VI your neighbor who is in that
bluey Pie portfolio. You have no, no, absolutely no idea.
I knew this would fire you up, Mike, because I
was fighting for days. I wanted to call you, but
I held it back.
Speaker 4 (22:08):
Yeah, because you're evil, but we have to go to
break You just reminded me of something that happened when
I was at Merrilynch twenty five days. So that's the
hard we're I gotta stick around for the next episode.
Speaker 3 (22:20):
Get back in the hot tough time machine. Www dot
Madisonmanagers dot com. Guys, M A D I S O
N M A N A G E r s. Guys,
get us there to set your appointments number one to
get more information on the pillars. And then again, you
guys are doing a great job. Grab DoD version two
point zero for yourself first and then friends and family.
(22:41):
You guys are really really helping us. There. We love it.
We'll see it right back.
Speaker 2 (22:48):
You are about to experience with the planning for prosperity
show A three.
Speaker 3 (22:53):
Two Oh nice, yeah, yeah, yeah. We got a little
electric music like electric slide. Oh I like this passes
over must have Producer Dan polancecy Micael Brown. Oh you
would never know this. If you know this, I will
literally go walk and get your soda. I'll walk down
(23:15):
the street.
Speaker 4 (23:16):
I just want to leave.
Speaker 3 (23:18):
Oh you weren't. Oh I thought you were thinking. Michael
was in surgery yesterday. Everyone, just so you know, all
getting aside. This is again, if nothing else, Dan Polancy,
Michael Brown, Madison Wealth Managers, make no mistake everyone, and
you guys who are devotees, you guys who are on
the cruise ship, you guys who are clients. We do
not sleep. Like the movie I was motors in. Sleep
(23:40):
doesn't sleep. Very guys doesn't sleep. Listen. We're there for
the good, the bad, that's the problem. We're there for
the good, the bad, the ugly more hobbies. The man
sitting across from me literally had surgery yesterday, had surgery yesterday,
and we are here. So that's our commitment to you guys.
If for no other reason, if for no other reason
than that, you want to see the work ethic in action.
Www dot Madison Managers dot com. You guys, like when
(24:03):
I spell it m A D I S O N
m A N A g E r s dot com,
use the text box. And again we are also please
and thank you. So these really super these really what
we used to think were simple things. Right, we we
work right, we earn it. Okay, and and two we
are pleased and thank you. We will put those two items.
(24:24):
Forget all the advanced planning, forget the ideas, forget everything else.
We will put those two characteristics out there up against
your plan oars every day of the week, every day
of the week. We'll hold it out there. All right,
So you're ready, I just want to remind it, all right,
grab just quickly, guys, grab the D O D version
two point o. You're you're fired. I'm, I'm, I'm this
(24:46):
is the most fired up I bet. And I don't
even have a soda. By the way, everyone forgot my
soda today. Not good.
Speaker 1 (24:50):
That was. That was.
Speaker 4 (24:52):
And the people in hair and makeup. I don't like
these new people. Oh the new Oh the hair and
makeup people. Yeah, your profance a little off to know
they need to be replace Yeah, your afonso. I want
I want to give you a couple of catchphrase from
this big Wall Street firm to help everyone with their
investment landscape. Okay, ready, there's a range of policies that
(25:20):
could be friendly to corporate earnings. It's a friendly risk
asset backdrop. The first issue. The markets have already moved
a long way into pricing this outlook baseline, justifying higher prices.
The risks of a broader trade war look underpriced. This
backdrop justifies investing stop and wait in US equities while
(25:46):
using options to tail risk. What does that mean?
Speaker 3 (25:52):
That's what guys, that's what you have to do. You
gotta get in there. What you want to do is
you want to get in there naked, completely naked, and
you're gonna want to start placing your options contract orders
through these brokers. You haven't seen a commission until you
see the until you see those commissions. You you haven't
lived until you've seen those commissions.
Speaker 4 (26:09):
You know who the last bank robbers are? Option trains? Oh, absolutely,
they take They wear a ski mask. Well, I work every.
Speaker 3 (26:15):
Day again because at the end of the day, the
house winds. Guys at the house.
Speaker 4 (26:19):
But this is a top five investment firm telling people
to do this.
Speaker 3 (26:24):
Let me see the name. I'm not gonna get let
me say, let me see the name. Hang on, guys,
pass it. Yeah, of course, I go figure go figure.
Speaker 4 (26:32):
It's it's trading tails and tailwinds whatever.
Speaker 3 (26:35):
That might be awesome. Okay, guys, here here's what's here's
what's going on in the real world. Number one, number one,
and we call this boots on the ground. Here, guys,
this is real world. What's going on? What you guys
are doing? Number one? You are really really getting involved
with DoD version two point zero, which means you're thinking
of state planning. We get this a lot, a lot
at the beginning of the year, and you are right
(26:57):
to do it. Now. The beautiful thing is it works
hand in hand with four out of the five investment
pillars that we talk about, because four out of the
five quite simply put Michael, what do they have? They
have what we call built in real estate planning right,
(27:17):
what we call real estate planning right.
Speaker 4 (27:19):
Totally totally built in, so DAN, that's where I can
avoid probate. That's I can avoid forensic accounting costs. Correct,
I can avoid court fees. I can avoid legal fees.
Speaker 3 (27:29):
And what's the biggie mic what what what?
Speaker 4 (27:31):
What?
Speaker 3 (27:31):
Also? Can you event can you avoid Let's say I
put a million dollars into the spy right, the S
and P five hundred versus I put a million dollars
into Mike's pillar four with which is again I can
own the spy the s and P five hundred. Right,
market goes down twenty five percent, right, which it's appt
to do again, it just did it, guys, remember.
Speaker 4 (27:53):
That that's going to happen.
Speaker 3 (27:55):
Well, we're already down five plus here on the on
the spy. So again, market goes tow let's just say
Marco goes down twenty five percent, you pass away. What
does your beneficiar get, Mike when you use pillar four?
What do they get? They get the all of that,
They get a million dollars pack.
Speaker 4 (28:09):
Right, So if I start with a million bucks, right,
and if I'm naked, it's worth seven to fifty right,
and I die, Hm, my kids get seven fifty if
I'm naked, if you're naked, correct, And what we're doing right,
that million bucks is at seven point fifty right on
the statement. Kids get the million bucks.
Speaker 3 (28:28):
They get the million bucks. And guess what they also
did to your point, Mike, they avoided probate yep automatically
and all the other costs automatically. And who was flippitch?
Who was their conversation with by the way, it was
with us, right, it was with people that actually care.
It wasn't with the one eight hundred.
Speaker 4 (28:43):
You know what, Oh, don't get me started. You know what, guys,
it's Dan does this on purpose to get my blood pressure.
Speaker 3 (28:49):
Well, I'm doing it a little bit today because I
was so disgusted. I was so disgusted and so many things, guys,
And we can only work so hard. We were lying
so much on you guys. And you guys are so great,
you know when it comes to referring friends and family,
getting friends and family involved with the OD process and
all of that, and all the educational material. But when
(29:11):
we hear things like what I heard, you're too young
to be in a protected investment vehicle with knowing nothing, nothing,
nothing about the client situation, it makes my stomach to it.
It's sickening, Mike, It's really, it's really sickening.
Speaker 4 (29:31):
I think you're looking at it in the wrong way.
Why because, and I'm gonna use a terrible term here,
mm hmm. There's a lot of salesmen in our business,
but without them, we wouldn't be able to take all
their clients.
Speaker 3 (29:46):
No, it's true, Mike, but but again, you know it's true,
but you know it just I just don't like that.
I don't like that that stuff. It's just like I said,
it's it's predatory, and it's it's it's not right. It's
not right, Michael, it's on. It's just whether it's lack
of education and or something worse and or something worse.
Because the reality is, as Michael says, is there's a
(30:09):
very real reason why a lot of advisors and this
is again this is the real world. We're not telling
you anything. We were there, right, why they don't use
these vehicles right, the protective principal vehicles, at the motherships,
right at the big wires. There's a lot of reasons, Okay.
(30:31):
Reason number one is very many of these vehicles, including
the best of us, aren't even on the quote platform.
What does that mean, Michael, when you're not on the platform.
Speaker 4 (30:43):
Well, let's first start with why aren't they on the platform? Right?
And the reason is they're not paying for a big
box that's a bank store. That's enough and backdoor dollars. Correct,
that's simple. The number one, that's that two, it's not
as profitable as selling the Blueberry portfolio where you get
(31:08):
hit with these fees there we go every quarter.
Speaker 3 (31:11):
And it's it's not just because and this is not
a knock on. We we have very many a fee
based account. But the point is the point is we
make sure that the phoe based account compliments what you're
doing in pillar two, for instance.
Speaker 4 (31:27):
What you're saying, there's a whole craft?
Speaker 3 (31:29):
What there's okay? Well, well the pillar one is there?
Speaker 4 (31:32):
Four craft? Yes?
Speaker 3 (31:33):
Right, that's what we say pillar pillar one. Guys, that
should be your that should be your craft piece. That
shouldn't be your standalone piece.
Speaker 4 (31:41):
How could Michael?
Speaker 3 (31:42):
How could how got to be standalone? To your point?
The world is on fire. There is no one out there,
no one amongst us who wouldn't agree with that. Right,
the world is on fire. We're not talking markets, guys,
We're not toy markets. The world is on fire. Why
if you're able to place a form of protection underneath
(32:03):
your portfolio, right, any form, any form, whether it's guaranteed income,
whether it's principal protection, whatever it happens to me, why
would you not be thinking about that? First and foremost?
Speaker 4 (32:14):
Here here's why. All right, now it's my turn to
torture you.
Speaker 3 (32:18):
Thank you.
Speaker 4 (32:20):
I'm going through this one hundred and eighteen page twenty
twenty five outlook, and here is what they think is significant,
the statistical significance of explosive behavior in the price of bitcoin,
in how it will drive equity returns.
Speaker 3 (32:39):
Awesome.
Speaker 4 (32:40):
I don't even know what that means.
Speaker 3 (32:43):
I don't know.
Speaker 4 (32:43):
It means nothing.
Speaker 3 (32:44):
What are you gonna do about it?
Speaker 4 (32:46):
Exactly right?
Speaker 3 (32:47):
What are you gonna do about it? It does the.
Speaker 4 (32:49):
Explosive behavior of crypto. What is that gonna do to
my money? My real money?
Speaker 3 (32:56):
Here, here's what it's gonna do.
Speaker 4 (32:57):
Guys.
Speaker 3 (32:58):
Here's I can't.
Speaker 4 (32:59):
I can't let it.
Speaker 3 (33:00):
I can't. And again, guys, not a solicitation by seller.
Speaker 2 (33:03):
Hold.
Speaker 3 (33:03):
Unfortunately, we live in this world. Okay. The point is this.
You listen to this show, you come on board the
cruise ship, you join the Madison Nation because you want advice.
You want advice that makes sense. Okay. So when we
talk about the fact that December and January we're gonna
(33:24):
be a little bit choppy, a little bit rough, if
you will, maybe some maybe, just maybe some of the biggest,
baddest tech companies in the world might give you a
little pullback, you know, little opportunity because you probably preferred
by cheaper as opposed to more expensive. But that's a
to you, I do, But I right. We gave you
the way to play it, and so many of you did,
(33:49):
just talking and saying, well, it might see it. Pullback here, Joe,
and uh, you know, good, heavens it could be a
kind of a deep one. And man, there might even
be a correction coming becase is having sake. There's typically
two a year on average. But I'll just say this
because it just sounds good. What do you do about it?
We give you the playbook, We tell you what to
(34:09):
do about it.
Speaker 4 (34:10):
Well, here's what these really smart guys said. They're gonna
overweight European fixed income. Oh and uh, it's gonna be
I'm quoting this a tactical tilt through a swap structure
based on Switzerland's core consumer price index.
Speaker 3 (34:30):
That's awesome, that's gonna be really cool.
Speaker 4 (34:33):
Why what is happening here is that price.
Speaker 3 (34:36):
On a statement exactly? When you can't even get a.
Speaker 4 (34:38):
Fair price structure. I don't even know what that means.
Speaker 3 (34:41):
You can't even get an accurate when you can't even
get an accurate price, When you can't even get an
accurate price for ammuni bond on your statement. Guys, when
you can't even get an accurate up to the minute
price for a New York State muni bond on your statement,
how would you possibly possibly get an accurate price for
that Swiss swapsh physician.
Speaker 4 (35:00):
This is the nonsense that they're selling people.
Speaker 3 (35:03):
Oh boy, that is hard stuff. That that that that
really that really is guys. I love that. And meanwhile, meanwhile,
what you can do if you again, if you are
interested in actually making money with some protection underneath it,
and oh, by the way, tax shelter, all that good stuff,
Well you can do if you so choose, you could
(35:24):
put one hundred percent of those investment dollars into one
of the world's largest hedge funds. Depending on the day
five butterfly rated. That's not us, that's not us speaking.
Those are the ratings agencies, right, they say it's butterfly rated.
It's all this, it's all that, and oh, by the way,
at the end of the investment term, right right, Mike,
not talking markets, we're talking the world. If something happens
(35:45):
in the world to draw those dollars lower, you get
every penny that you put in back.
Speaker 4 (35:52):
You could do that that is important to me rather
than no overweighting US Energy Infrastructure SIR limited partnership. No,
but you can't make this stuff.
Speaker 3 (36:03):
You can't listen. I want to own that. I want
to own the steel that that oil flows. Listen. With
that said, guys, we are all kinds of fired up today.
Let's keep it simple. Let's dial it back. If you
want to learn, if you want to, if you like it,
if you want to learn more about the pillars again
www dot M A D I S O N M
A N A G E R S dot com, Madison
(36:25):
Managers dot com, use the tax boxes. Let us know
you want to learn more. Also d O D two
point zero. You guys have done such a great job
requesting these not only for yourself but for your loved ones.
That's next level. So that that's cruise ship Madison Nation.
I have a question for you. We're going to break.
Speaker 4 (36:44):
We are going to break. But what if I defer
my tax obligation to the I R S. Yeah, three, four, five,
ten years?
Speaker 3 (36:55):
Great?
Speaker 4 (36:56):
When the dollar is declined, have I saved money?
Speaker 3 (37:00):
Have you saved money? Of course you've saved money, right.
Speaker 4 (37:03):
Right, I mean money is becoming you were paying at
that right.
Speaker 3 (37:06):
Oh, you're going next level there, Mike, Michael. Though you're confusing, Michael.
People are telling cruise ship members that they're too young
to have protection on the portfolio. Now you're going next
Don't blow these weeple's minds out there, Michael. Happy week,
and guys, we'll be right back. Www. Dot Batison managers
Dot God. Let's hear it peg.
Speaker 2 (37:31):
You are about to experience the Planning for Prosperity show
in three two here?
Speaker 3 (37:43):
Oh who is this?
Speaker 4 (37:46):
Oh?
Speaker 3 (37:46):
I should know this, you should know this to Michael Brown. Dampolancy,
Michael Brown, managing director, Michael Brown, Planning for Prosperity Radio starship.
Welcome to the cruise ship now, No, no, no, don't
don't hand it to me at I give you just
twelve more sex Anti Lennox.
Speaker 4 (38:01):
Oh wow, why week?
Speaker 3 (38:04):
Everybody? What a week? I came in all fired up.
Speaker 4 (38:07):
I love her.
Speaker 3 (38:08):
Michael Brown had surgery yesterday. All of the above. Guys.
If you guess this week's theme is tax planning, great job,
and we have just a solution. Now brand new if
you missed last week, brand new, brand new, brand new,
and we're allowed to have favorites. Okay, one of our
favorite service providers out there, and there are very few
(38:31):
left okay nationwide. Okay, you guys know big and sure
a rated all that great stuff happened to have and
again in our opinion, we're allowed to have opinions. Happened
to have a very strong, very strong income income investment Michael, right.
Speaker 4 (38:48):
That yeah, that who doesn't want that? That?
Speaker 3 (38:52):
Well, well it's fits fits very very nicely in pillar two.
But just saying. But the point is, guys, they gave
us access to this twenty twenty five tax planning Quick
Reference Guide. It's exactly as it sounds. It is twenty
twenty five. Realize what we're saying there, right, This is
forward looking to help you plan for this year. We
don't want your plan for last year. Okay, we did
(39:13):
that last year. We helped you plan for last year.
This is this year coming up, and it is quick
reference guide, quick reference guide. Point is we can zap
this out to you if you like it electronically delivered
and or we can mail, right, we can mail. We
can send it in the parcel post if you like that.
But if you're doing parcel post, guys, please attach with
it a DoD version two point zero. If you don't
(39:36):
know what we're talking about, simply put in our opinion.
And we're allowed to have opinions. It is our best
estate planning work ever, and it is professionally bound. It
is consumer grade, meaning we like to consume it too, Okay,
so therefore we feel that is a very good chance
of you enjoying it as well. So the point is,
let us know the best way.
Speaker 4 (39:55):
And it's free.
Speaker 3 (39:55):
Guys, it's free. Understand that too. I can't emphasize that
enough because we get that so often. Everybody thinks there's
some sort of catch or something that, Guys, it's all free.
We ship it for free. It arrives at your doorstep.
You'll be you'll be pleasantly surprised that the postage is paid.
So the best way to do it is www dot
Madison Managers dot com, use any one of the tax
(40:17):
boxes and let us know.
Speaker 4 (40:18):
So everybody knows. Yes, and sometimes you and I forget
that we're the angriest investment show on the radio.
Speaker 3 (40:26):
We have reason to be angry, Mike.
Speaker 4 (40:28):
But when I say that, if you and I wouldn't
consume what's in the d D what's in the tax guide?
What's in the tax guide to withdrawals and income sources?
We wouldn't give it to you, right, Oh yeah, this
is no BS. So if you and I consume it,
(40:49):
we wouldn't. So everyone, all right, let's go back to
something really important.
Speaker 3 (40:56):
Mike, I'm gonna go. Can I jump you real quick?
Can I jump you real quick? Because here's the point, Mike,
we are. And again, maybe as a contrarian, guys, maybe
my contrarian hat should go on, and maybe this should
be a by signal. But I will say this, there's
a lot of individuals out there, okay, who are getting
fed up with Bondland. They're getting fed up, Mike, with Bondland.
Speaker 4 (41:19):
We've been talking about how awful bond funds are for
two years.
Speaker 3 (41:24):
But it's not it's not just And again, guys, it's not.
It's we are not picking on the managers. We're not
picking on the portfolio allocators. We're not picking on the
allocation within your portfolio. It is what it is, especially
in mutual fundland, where the problem becomes as such, right,
(41:45):
as such, when your neighbor gets fed up with Bondland
picks up the one eight hundred number and sells their
piece of bondland. That fund manager has to sell bonds regardless,
regardless into a bad hat. So you're we're getting hurt
because of the frustrations of your favorite neighbor. That's how
it works, guys, that those are the mechanics.
Speaker 4 (42:06):
Keep going.
Speaker 3 (42:07):
It's nothing.
Speaker 4 (42:07):
You're going to get a correct where you owe taxes
on an investment that has lost value. Again correct, that's
just gonna be three years in a row.
Speaker 3 (42:19):
Yeah, well, last year pretty close. Last time might have
been flat, but it ain't. This year in twenty two
was mockery. So the point is this, guys, if you're
fat up, the alternatives are there now. And we're not
talking about go one hundred percent. Oh gee, let's go
one hundred percent equities and we'll sit out there naked
(42:40):
and we'll all hope everything works out. No, boy, I'm
telling you what we're talking about. Mike's talking about pillar five.
Mike's out there with pillar five. Mike's out there with
pillar five, which I thought would never get traction. But
you guys, you guys on the cruise ship.
Speaker 4 (42:56):
I'm doing a little touchdown.
Speaker 3 (42:57):
An you prove me very very wrong. Michael could you
sing us the praises for those of you are again right,
wrong or indifferent? You're fed up with your bond funds, right,
You've got to keep going? What about all the target
date funds? Better yet, talk to us, Mike Educatus as
only you do. On pillar five. Please guys, listen. This
(43:17):
is a treat.
Speaker 4 (43:18):
So I like to know what my outcomes can be,
because to find out I don't. I don't like gray
area to find out come. That's why I wear a seatbelt.
I don't eat bacon five times a day. I don't
drink whiskey all day, although i'd like to. Yeah, I
want to know. If the stock market or bond market
(43:39):
have another horrific year, what's my worst case scenario? And
in pillar five this is your boring stuff.
Speaker 3 (43:48):
This can be a portion of your portfolio.
Speaker 4 (43:51):
If your list should be every money, every dollar you
have in a bond fund, this is where it should go.
My worst case scenario is I make a positive three percent.
Say that again, the world is on fire and the
stock and bond markets go to zero. I make three percent.
Speaker 3 (44:08):
This is contractually guaranteed. Right, might like all we talk about?
Speaker 4 (44:10):
Yeah, okay, maybe the world keeps spinning great, and maybe
the stock market goes seven percent?
Speaker 3 (44:17):
How much did you make?
Speaker 4 (44:18):
I get the seven?
Speaker 3 (44:19):
Oh okay, what if it goes.
Speaker 4 (44:21):
Up seven and a half? I get the seven and
a half. I like that. So I know my worst
case scenario and what I could possibly get. But keep
it going. Every gain I make that becomes my new
what we call a floor. Now that is my contractually
guaranteed worst scenario where I can compound from.
Speaker 1 (44:45):
Now.
Speaker 4 (44:45):
I don't know if I'm doing a great job explaining that.
Speaker 3 (44:48):
I think you're masterful job.
Speaker 4 (44:49):
But think of this last three years, David, I own
a bond fund in Mississippi. My dollar is worth ninety
cents and I paid tax every year.
Speaker 3 (45:00):
And it's nobody's fault.
Speaker 4 (45:02):
It's just that's just the world. Absolutely, if I had
Pillar five, I made three percent compounded per year and
I paid no tax.
Speaker 3 (45:12):
Do you know why? More people?
Speaker 4 (45:14):
But you know it? Last year I made eight You're
thrilled eight percent? Right?
Speaker 3 (45:19):
And this is this is your again, this is your money, right,
this is your quote bond, this is your safe this
is my boring money, boring money, well said, Oh.
Speaker 4 (45:27):
I like all these target date funds I think have
lured people into this false sense of security. Oh, because
we're going to put a date on it, on data,
I'm gonna call it the twenty twenty eight fund. How
can that go wrong?
Speaker 3 (45:41):
Yeah?
Speaker 4 (45:42):
And they blow up every day.
Speaker 3 (45:44):
And and also the problem becomes two guys, is that
we're all that know every time you come into visit,
every time you come into visit, even if you're kicking
the tires on the cruise ship. There's no argument. We
don't get an argument back from anyone when we say,
do you believe at some point in your lifetime you
(46:04):
are going to need contractually guaranteed monies coming into your mailbox?
And you're checking my hands up? Do you agree with
that at some point in your lifetime? There is not
a single one of you, there's not a single one
of you that doesn't agree with that. How can you?
How can you disagree with that?
Speaker 4 (46:23):
Now here's my disagreement. I have twenty million dollars, okay,
and I just put it in treasuries. I'm done right, well,
or that's my place of security. Or but if we
don't have twenty million dollars, maybe we need to be
a bit more responsible with our assets.
Speaker 3 (46:41):
And what if we did it this way too, Mike.
What if we flipped it a little bit from that
standpoint and said, hmmm, what if we're someone that, you know, again,
we're one of these maybe these shall we say, debt watchers,
right who maybe maybe or maybe a little uncomfortable maybe
going out ten years with the US Treasury and you know,
not saying you should be or shouldn't they? But why
(47:02):
not diversify? Right? Why not? When I have so many
terrific options that we're talking about, right that don't that
don't involve magenta. They don't involve they they don't involve pumpkin, right,
they don't involve deep autumn pumpkin stop and our light
light spring magenta. They don't involve that. When we can
(47:23):
diversify you out, why not and maybe maybe improve your
total return for your family.
Speaker 4 (47:29):
So I'm looking at mister producer's tie.
Speaker 3 (47:32):
What would you call that?
Speaker 4 (47:33):
Violet?
Speaker 3 (47:34):
Violet? Yeah, like that? But again that's the color of
the emerging market, right, high yield fixed income peace within
the Blueberry portfolio.
Speaker 4 (47:42):
That they're gonna put two percent of your money. Absolute, absolutely, guys.
I love the fact that madisination has woken up.
Speaker 3 (47:48):
Yeah, no, no, no, And you guys. Like I said,
you guys are spreading the word. That's how we grow.
That's why we thank you so profusely. You are doing
such a wonderful job. And again I've got to gotta say, hey,
p thank you so much guys, because you've taken this
next level so again, taking it to close. Unfortunately, we
(48:08):
gotta go. Unfortunately, Michael's got to recover from a surgery.
This is not a joke, guys. He had surgery yesterday,
full surgery yesterday, and he's here with us.
Speaker 4 (48:16):
Hey, you know what the great ones play hurt?
Speaker 3 (48:17):
They play hurt. Respect our repetition.
Speaker 4 (48:19):
Yeah, Peyton said that.
Speaker 3 (48:21):
I think so respect our repetitions, guys. Easiest way to
get acquainted just go right on now www dot Madison
Managers dot com. I'll spell it m A D I
S O N M A N A G E R
s dot com. Use the tax boxes. Let us know
two things, two giveaways, the twenty twenty five tax planning
quick reference guy from Nationwide and then our d D
(48:44):
two point zero. Guys. It's it's fully bound, it's professionally bound.
We believe it's our best estate planning work ever. Guys,
they're freebies. That's the best way to kick the tires.
Let us know how many compies you want. Congrats Madison
Nation for getting these in the hands of your loved ones.
Keep it up, We're ready for a big week. We'll
see you in the office.
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