Episode Transcript
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Speaker 1 (00:00):
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(00:21):
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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 (01:20):
Yeah, I got that one first. Daniel Polanski Michael Brown,
Managing director, Michael Brown planning for a Prosperity radio hour.
Welcome aboard the cruise ship.
Speaker 4 (01:33):
I have them for you. Well that I have a
funny everyone.
Speaker 3 (01:39):
As you know, we like to begin each segment by
thanking you, which no one else does, so we want
to thank you. We've got it again. Our concierge who
talks to many of you, most of you when you
call in looking for documents and requesting documents. Michael, I
learned something and we spent good two weeks pounding the
(02:01):
table on this. But within the DODS version two point
zero that you guys have been requesting like hotcakes, hot
off the griddle, if you will. Within the DoD two
point zero is a document that I overlooked initially, and
Michael pounded the table on this document and it was
wrong of me, and I apologized on these errors. It
was wrong of me.
Speaker 4 (02:21):
But you've seen the air of your waist in the error.
Speaker 3 (02:25):
I've come around and I now do believe that this
particular white paper, which is exactly what it is. It's
bullet point, guys. It's what we do consumer grade what
to do when a loved one dies, which is housed
within the DoD version two point zero. That's professionally bound
in our opinion. We're allowed to have opinions, and our
opinions are best to state planning work. Yet, okay, we
(02:47):
do it for free. We get it too for free.
What to do when a loved one dies comes up
in nearly every conversation that that we're having with you,
which again I've just got to say this, it's very
very simple. I believe if for no other reason, to
get the DODA again, it's free. We ship it for
(03:08):
for you. Guys. All know that. Okay, we get you
extra copies whatever you like. It's very expensive, guys, but
we appreciated this. What we do we educate first. This
is how we show our commitment to education first. The
point is this what to do with when a loved
one dies? You need it. It's it's not optional, it's
not I may like to read this I may like
(03:30):
to have it on hand, guys. It's fundamental. It is
necessary when you are in the state of flux, when
this life event happens, you need a document, a hard
document to turn to that says do this, this, this, this,
this and this and Dan.
Speaker 4 (03:51):
It's not just making burial arrangements, right, we all know that. Intuitively,
we know that. And today and age, with so much
identity theft, right, the bad guys are so sophisticated these
days that you have to act quickly on a few
things to try to protect against these bad characters. You know,
(04:13):
whether it's contacting Social Security, freezing the credit cards and
canceling the driver's license, little things like this, you Michael,
but they have to be done immediately because the bad
guys are fishing and the information is so public so
quickly when I pass away, it's out there floating around
the ethernet.
Speaker 3 (04:33):
And Mike, the point is again in today's day and age,
where everyone and their brother has been hacked seventeen times over.
Speaker 4 (04:39):
If you haven't, it's happening.
Speaker 3 (04:41):
The date is there, The data is out there, guys.
Even when I didn't come around to saying this is
a must have document, which this is the only document
toat Again, if you only get the DoD two point
off for free, guys, for free, if you only requested
for one document, this is it. But even before I
(05:01):
recognized its importance, it's supremacy if you will. Even before that, Michael,
what did I always say? This is a list of
what you will never think about.
Speaker 4 (05:12):
Because we think that things are just going to happen
and they don't.
Speaker 3 (05:17):
We think we will be protected and.
Speaker 4 (05:19):
That someone's gonna hold our hand and they're not.
Speaker 3 (05:21):
That's it. That's it.
Speaker 4 (05:22):
So it could be as simple as getting ten or
a dozen original copies of the death certificate because most
financial institutions won't take copies anymore. Yeah, something as simple
as that guiding you to the estate timeline, how to
start communicating with everyone in the beneficiary club, right, and
(05:45):
then it leads you to the twenty five documents you
need before you die, and this hoping that they are there.
Speaker 3 (05:50):
And what Michael's naming, guys, if you're not familiar, these
are all white papers with in do D version two
point zero. So again we had to thank you, and
we've got to thank you for giving us that feedback, right,
because that feedback so important might because that's what draws,
that's what that's what driving it for you, that's what
drives what we do.
Speaker 4 (06:09):
So Dan, so what I was gonna say earlier is
I actually, for the first time in twenty five years,
went on a cruise. I wasn't looking forward to.
Speaker 3 (06:18):
I was going to say nothing.
Speaker 4 (06:19):
I wasn't looking forward to.
Speaker 3 (06:20):
I was going to say nothing.
Speaker 4 (06:21):
My travel companion did it as a surprise because I'm
my little booboo and gave me some sunshine. But within
these cruise ships there's an inner cruise ship and it's
called the Haven. Have you ever heard of this?
Speaker 3 (06:35):
I don't even know what you're talking, Okay, okay, so
just anyone else, by the way, explained quickly.
Speaker 4 (06:40):
Within these huge boats that are cities on the water,
there's an inner sanctum called the Haven, where you have
your own pool, your own restaurants, your own eckery. Yes,
and it was I was blown away by the service
what we do, Dan and I Madison, with all these
educationation materials. We're giving everyone inside access to this haven
(07:04):
because it's a different experience. It's just a different experience.
Dennis was our guy. Anything you could possibly want, think, need,
where do I go, how do I do this? Dennis
on the spot. This is how we go above and
beyond investment structure, financial planning, getting an attorney to draft
(07:26):
your will, et cetera, et cetera, et cetera, doing their
insurance planning. That is, those are the building blocks that
everyone expects we with our education materials. This is our haven.
Speaker 3 (07:37):
Well done, Mike, and it was very interesting, daeld done well.
If we get back to what we always call blocking
and tackling, yes, right, if we get back to the
blocking and tackling, this is a building block, right, this
is a must have building block, guys, that that's the
best way to describe it. And we put it together.
It's with a ton of other very very worthy material. Right.
(08:02):
But again, if for no other reason, what to do
when a loved one dies, this is it. And Michael
before before I came around, before I came around and
realized again it's supremacy your dark days. Yes, I always
gave it credit because it is what you will not
think about. It is what a financial professional will not
(08:22):
think about. And I always always always come back to
a conversation. I'll tell a quick tale. Sitting at a
client's house, a friend happened to be over. A friend
of the client happened to be there and was asking
questions because a loved one had just died. Asking questions.
I said, well, you know, we actually put together something
(08:43):
we called the DoD version two point zero. We put
this together. Let me get your free copy. I'll get
your free copy. No, I already have a financial advisor.
Well let's just take this step back here. You're asking me,
not that financial advisor, right, Michael. So maybe there's an
education gap there, and it never went anywhere I sent
(09:06):
you know, I sent our clients another copy if they
wanted to hand it out. You know, whatever it was,
what it was. But the reality, guys is let us
and we're doing this for free. There is no commitment,
there's no anything. We're literally just trying to help. But
then we've been help.
Speaker 4 (09:26):
It usually takes some form of catalyst for us to
take action on anything, a health event to become healthier,
a financial event to look at our assets, and the
death of a loved one before we're like, oh goodness,
we should have done this before. It usually takes that catalyst.
What we're trying to do is get you to be
proactive because when you're reactive, you're in trouble.
Speaker 3 (09:49):
Well done, You're late. You're late, right, you're late to
the party. And guys, we had absolutely no plan to
begin our discussion with the OD version two point zero
what to do when I loved one dies? But that's
a how it works here, So grab your copies. Guys.
Welcome aboard the cruise ship the best Way, the Haven
wwe Haven www dot Madisonmanagers dot com, M A D
(10:11):
I S O N M A N A G E
R s dot com. Use the textbox again, guys, let
us get you what to do when a loved one dies.
We'll send it along with the D A D two
point zero four free. We'll see you right back.
Speaker 2 (10:26):
You are about to experience the planning for prosperity show
three two.
Speaker 5 (10:33):
Er Tina, I just tell the voice. I've never heard
it all in my life.
Speaker 3 (10:44):
Happy weekend everyone.
Speaker 4 (10:45):
Please, that's another respect song.
Speaker 3 (10:49):
Is this undiscovered artists? Is this like undiscovered managers?
Speaker 1 (10:52):
Fun?
Speaker 3 (10:53):
Like the undiscovered manager fun?
Speaker 4 (10:55):
Don't start you.
Speaker 3 (10:57):
Got a joke about that, guys, Happy again the Dan
Blansky Bikeah Brown Madison Wealth Managers. It's always Madison for
the win, guys and thank you for all all of
your inbounds. We are as you know, guys. We're here
to educate first. We're here to educate first. We're then
here to solve. Right, Mike Saul for X Right. There
is no Blueberry portfolio fits all.
Speaker 4 (11:17):
There's no no undiscovered managers, no certified investment.
Speaker 3 (11:22):
I'm gonna I'm gonna give this real quick, guys. And
this is again, this is scary okay, Www dot Madison
Managers dot com. Again, it's www dot M A D
I S O N M A N A G E
R s dot com. Use the textbox if you missed
segment one. We had a discussion around what you've been
(11:42):
talking about lately. When you talk to our eck Ray,
our concierge, if you will, when you talk to Robert,
the young man's name is Robert. When you talk to
Roberts right, who is now full He's returned to normal. Here,
he's full He's not full figured, but he is full figure.
He's back to normal. Way, Okay, he's no longer emaciated.
(12:03):
Perhaps when you talked to him around wedding time he
may have seen a little out of it, a little bit.
He was sick, Yes, he was ill, right, he was malnourished.
But now he's back. We've been giving a granola bars,
whatever's loose, you know, we give it to him. Okay.
Point is this full sugar, soda, whatever it is?
Speaker 4 (12:18):
The point.
Speaker 3 (12:19):
The point is this, guys. You guys have been talking
to him apparently over the last several weeks about what
to do when a loved one dies. Now, you guys
know from past months, if you're cruise ship member, you
know that was always Mike Brown's favorite document. And I
finally came around. We had no idea the impact he
was making with you, so thank you. So the point
(12:41):
is this, if you don't have it, okay, we get
it to for free. We get it too, professionally bound.
We send it to you for free. There's no reason
not to have it. It is a need. Guys, www
dot Madison, m A D I S O N M
A N A g R s dot com. Just use
the textbox I think the right time. Just do it
right now, grab your tablet, your phone, whatever it is.
(13:03):
Just let us know, say send me that send me
that document. Now I gotta again, I just gotta get
this in because Mike, Mike said a great story. Uh,
one of you came in this week. Now, you guys know,
if you were with us last week, we had a
little laugh because someone came in with one of these
again what we call the Blueberry portfolio. And that's exactly
what it is. It literally was called the chief Investment
(13:23):
Officers portfolio. It was from bank that absorbed a brokeratrom Okay,
that's what it really is. A crisis during the crisis.
So when you walk into this bank, you are offered
up a slice of the chief Investment officers portfolio. Now,
whether it fits your needs, which in this the first case,
it clearly clearly was so far off the mad I
(13:45):
had nothing to do with what the client wanted. It
fit the purpose.
Speaker 4 (13:49):
Though.
Speaker 3 (13:49):
Point is this, there was a fund in there that
we had a little chuckle. We had a little chuckle about.
It was called the and again this might be the
greatest fun known to mankind. Okay, but something tells me
any stuff, something tells me it's meant as little marketing employee,
shall we say, it is called the Undiscovered Manager's fund. Now,
we have no idea. We don't know who these undiscovered
(14:11):
money managers are. We don't know why they're undiscovered. Okay,
we don't know why, but if you do.
Speaker 4 (14:15):
It, all of a sudden, they've been discovered in the
blueberry portfolio. Well done, Mike, because they wrote a big
enough check to the bank.
Speaker 3 (14:21):
Yes, they've been discovered by the lart. Now we would say,
all right, we'll give it a pass if it's in
one blueberry portfolio at one bank.
Speaker 4 (14:30):
Yes.
Speaker 3 (14:31):
Now the best part, guys, the best part of this, Well,
here we go, new client right on board, came right
in this week, had the again proposed This was beautiful, Mike,
And this was at this was again at a super bank. Okay,
this is at a super bank. This was color everywhere,
(14:52):
lots of lots of magenta. Yes, and guys, again, this
was in a model portfolio meaning meaning meaning the firm
manages this money, meaning you're your money manager, you're broker,
you're a financi advisor. Doesn't dodge this, Okay, firm manages it.
Guess what was in there, guys, the undiscovered manager's fun
(15:15):
they've got the checkbook. Ah. Now again, I had some
water I like did a little gurgle with it because
I couldn't spit it out because I was at their table.
So it wouldn't have been nice to spit it out,
And they said, Dan, what's so funny? So I told
the story. Mike, could you please tell everyone let everyone
in on what this little secret is when we talk
(15:37):
about these model portfolios at the super box stores. Please
please please let everyone in what this means these companies
have to do to be a part of this blend,
this magical blend.
Speaker 4 (15:53):
So Dan runs the big box bank store Blueberry portfolio
producer fund. I'm the undiscovered manager fund. I have to
go to Dan and say, I would like very much
for your sales force.
Speaker 3 (16:13):
Ten strong, twenty thousand strong, whatever it.
Speaker 4 (16:16):
Is to sell my mutual fund to your investor customers.
M okay. Dan then says to me that would be lovely.
Speaker 3 (16:26):
Love love to great idea, Mike, Thank you.
Speaker 4 (16:30):
What you're going to have to do, Mike is write
a check to me with lots and lots of zeros
on it, and then Dan will consider we'll think about
it whether or not my goofy magenta fund makes it
onto the platform that is sold to you, the investor.
(16:51):
That's how this works because no one wants to talk
about it that it's been happening for decades.
Speaker 3 (16:57):
Let me make this very clear. Guys, just let's think
about this as a thinking group, because on the cruise
ship you are all thinkers. We're all thinkers. Right by definition,
If you are in the model portfolio at two of
the largest super bank superstores on the face of the planet,
by definition, you are no longer undiscovered, right, I mean,
(17:19):
no one's.
Speaker 4 (17:19):
Gonna know who are? You don't care, but you you
long shares of the fun You can no longer.
Speaker 3 (17:26):
Use that name. So the point is this, guys, please
let us talk to you about an alternative to this stuff.
Please please let us talk now.
Speaker 4 (17:35):
Dan and I laugh about this. It's really not funny.
It's no, it's really not because once again Wall Street
is doing a great disservice to you, the consuming investor public.
And we get it. Life is hectic enough. My least
favorite word is busy. But people are busy, do you, Dan,
(17:56):
as an investor, when when the the salesperson at the
box bank store says we're gonna have all these funds
to cover all your bases, most people are not going
to dissect the funds themselves. They don't have the time. Uh,
they probably don't have the resources to be able to
do it design, and then you have to have the
(18:19):
ability to really pull these things apart. So from Wall
Street's perspective, it's genius. From a moral standpoint, it's devious, right,
But this is how the world works. Now. Once the
undiscovered whoever fund raises their X amount of dollars, they
(18:41):
no longer need to write the checks to the big
box bank store because then now they're fat and hammy.
You're so, what will happen at some point in time
is this fund then gets replaced with a new fund
that's writing a new check to the big box banks.
(19:02):
Those documents and sometimes these firms will call them what
their focused partners. Is that what you call because they
write the checks for the private jets to get these
guys to Maui for their big you know, think tank
meetings as to what the next undiscovered behind?
Speaker 3 (19:21):
Can you mind you? The people making these decisions have
never managed clients, they've never talked to alan, They have
no absolutely not any idea, nor do they care what
your needs are, what your needs, your goals, your aspirations, whatever.
Speaker 4 (19:34):
Here's what they care about. We the big box bank store,
need to raise X amount of dollars this quarter that
we can double and triple dip fees on to hit
the super company's numbers.
Speaker 3 (19:48):
And then what happens. Here's what happens is that product
manager who's managing all of this inflow right into the
super Blueberry portfolio. Right then what he does is he
calls up super box store being and says, hey, you
got an opportunity over there, because I just raised X
amount of money over it, Big Box Store.
Speaker 4 (20:10):
I might be able to do it again.
Speaker 3 (20:11):
I might be able to do it again. So this
is what happens, guys. So we're gonna get into it,
and again Michael has a store. We've gotta gotta gotta
talk about the pillars. And the reality is, guys, is
we really even we really haven't gotten into much of
the shall we say, market indigestion? Michael, what would you
like to call it? Shall we call it a sell off?
(20:32):
Shall we call it? Portfolios are down?
Speaker 4 (20:34):
The television they just called it volatiley volatile?
Speaker 3 (20:36):
Shall we we don't you guys know that, which is
not You guys know that we we we do not,
we do not subscribe to that term. But we've got
We've had a lot of great conversations with you guys,
whether it be pillar two's, Pillar threes, pillar four's, and
just the reassurances and how how well you are feeling.
And guess what, Mike, when you feel good, guess what
(20:58):
you do in the market pulls back? What do you do, Mike?
Speaker 4 (21:01):
Well with our people? Yeah, then we take more resk.
Speaker 3 (21:04):
You might like to do a little little little flipping
around little maybe add a few shekels. Whatever it happens
to you, guys, go to break, Dan Polancy, Michael Brown
www dot Madison Managers dot com. Go grab what to
do when a loved one dies? Guys, just put in
your quest right in that tax box and we zip
it right out to you. It is a freebie. We'll
see you right back.
Speaker 2 (21:27):
You are about to experience the planning for prosperity show
in three two. Who here, I'm working over time.
Speaker 3 (21:39):
John, I wouldn't even know what this is from miss
ball and James.
Speaker 6 (21:44):
Williams sounds like Tank Williams, I would, let's say, Dan Polancy,
Michael Brown, Managing Director, Michael Brown, Madison Wealth Managers for
the Wins, Oh Brooks and it don oh Brin Straddny
Stratton right, whatever it be.
Speaker 3 (22:02):
Since we've heard from breaks in Stratton.
Speaker 4 (22:03):
It has been some time.
Speaker 3 (22:04):
Why they're playing. They're still ripping it up out there. Huh.
Speaker 4 (22:06):
They're not kids anymore.
Speaker 3 (22:08):
No, they're ripping it up. Wow, Well so are we, guys,
and you guys know that. We again, we've been really
building the show around just a conversation that we had
with the aquy with young Robert regarding the conversations he's
had with you. Because that's what we do around here.
We let you know what's going on. You drive what
we produce in the realm of education, and you also
(22:29):
drive what we talk about on this show. Go figure, Mike, right,
we bring you what you want, which you're actually asking for.
It's really amazing, by the way. Strange the XLU was
down four point seven percent last week. I'd just like
to report on nntest was the IBB Hey, step back.
I just wanted to do a little reporting, Michael, as
some of the others do.
Speaker 4 (22:48):
That's not what we do.
Speaker 3 (22:49):
Here's the point, guys again, if you do not have
what to do when a loved one dies, that's our
white paper. Okay, it's become arguably our most popular white
paper ever. And that's saying something because twenty five docs.
You need to be supreme, maybe not, maybe not a.
Speaker 4 (23:06):
Mean stay tiline reign supreme.
Speaker 3 (23:08):
What to do when a loved one dies? Guys, it's
within the DoD version two point zero, which again we
are allowed to have opinions. We are allowed to discuss
our opinions. In our opinion, the DoD version two point
zero is our best the state planning work ever and
it is professionally bound. It will literally be with you forever. Okay,
it will be with your loved ones forever. That's why
we say, get two copies. Okay, we are not We're
not cheap around here, Michael. We are not. Well, I
(23:29):
should say you're a.
Speaker 4 (23:30):
Cheap I wish we're a cheaper.
Speaker 3 (23:31):
Yeah no, but we're not cheap. Guys. Grab two copies
www dot Madisonmanagers dot com is the way to do it.
You're gonna see a tax box again. Just let us know.
Let us know. I want two copies, O three copies,
be in touch this way, leave your address whatever you want, guys.
We ship it out for free. So that's what we do. Guys.
We have to talk about the pillars during this time
(23:54):
of selloff, right, Mike, Absolutely, I see no reason we
should again, guys, is only because we wanted to bring
you what you're talking about. Okay, we kind of skip
a couple of segments, right, but we've got to talk
about this because I'm gonna come out here and you
guys know this. I pound the table on pillar two
(24:14):
and I'm proud to do so.
Speaker 4 (24:15):
Okay, and again pillar two? Is it lifetime income?
Speaker 3 (24:19):
Do it? That's easy?
Speaker 4 (24:20):
Your own that can't go down? What even if the market.
Speaker 3 (24:23):
Does good, whatever you want to call it, your own,
it can only go up your own personal pension, your
own check in the mailbox, whatever.
Speaker 4 (24:30):
While still keeping in control of your money. Correct you, You,
Dan and I together decide how the money's invested.
Speaker 3 (24:37):
Can we be growth byke?
Speaker 4 (24:38):
We can be as growthy growth as you want.
Speaker 3 (24:40):
Can I be as value as Warren Buffa.
Speaker 4 (24:42):
Go buy all the burgers and potato chips and sodas
you want?
Speaker 3 (24:45):
Love it? Can I mix the two all of the above?
Love it?
Speaker 4 (24:47):
Ok, And let go further. Let's say a couple of
years from now, I have a health event. Yeah, I
need a substantial amount of my savings. It's your money.
Speaker 3 (24:57):
Take it, Well done, Well done, Mike. Liquidity is a
fee Okay, okay, guys. Pillar two, I pound the table, okay,
because I'm of the opinion now and the more and
more I sit down and have one on ones with you, guys,
this is your number one concern. Your number one concern
is getting a check in the mailbox, whether it's monthly, quarterly,
once a year, whatever it is during your retirement, so
(25:19):
that whether you want to hang them up and do
nothing and read, whether you want to go out and
do something else with your life, whatever it is, you
want that security and you want it guaranteed. You don't
want a story. You don't want to maybe's if butts,
if I take three percent, I'm fine. If I take
four percent, well that that company out there in Boston
told me that'd be great. But uh, if I you know,
(25:40):
if I go, bust, I go and boss you know.
Speaker 4 (25:43):
And Dan, here's the commonality among amongst all the pillars, flexibility.
Speaker 3 (25:48):
Well done, Mike. Here and here's the thing, guys, during
these times of turbulence, the number one point that we
educate on is twofold number one. And you guys know this.
When we first and there's been two particular vehicles, two products,
if you will, two product providers that stood out to
(26:11):
us right in Pillar two. Okay, the first one was
again the numbers were off the charts, right in terms
of again the numbers are the numbers right in terms
of guarantees provided to the numbers were off the charts.
The second one, which is the current iteration, is again
off the charts. Very good, right, very good. Maybe not
(26:33):
quite as rich as the first, but again still very
very good. Historically has right and relative to peer group
blows them away. Okay, here's the point, guys, here's the
education piece. Michael. If I'm deferring my income, I put
one hundred thousand dollars into one of these Pillar two investments, right,
(26:55):
mark goes down ten percent, twenty percent, like what it's
doing right now. And I call cousin Dan, I call
cousin Mike, and I say, ah, my portfolio is down.
My portfolio is down. It's a you know, I put
in one hundred it's at eighty five. Well, what's this
going to do to my income? Michael? Into place?
Speaker 4 (27:12):
Ear incomes going up?
Speaker 3 (27:15):
Wait a minute, Michael, my ear, my ear?
Speaker 4 (27:17):
What everyone think everyone? I shouldn't say everyone, most people.
As we start to think about retirement, we start to
spend a little bit more time thinking about Social Security.
And everyone I think is familiar with the concept. If
I take my benefits at age sixty two, they are
going to be less than if I take them at
(27:38):
age seventy. Everybody gets that, right. The longer I wait,
the higher my check is in the mail every month.
Pillar two is based on the same premise, regardless of
market activity, market outcomes, good, bad, and different. Correct, every
year that I wait, my check is higher, just like
(27:59):
social See, even if the market goes down.
Speaker 3 (28:01):
Now we're not going to use numbers, but let's just
put it this way. Your raise for deferring right, that
income is substantially above any raise that you'll ever get
from the Social Security Administration i e.
Speaker 4 (28:17):
The US government, because it's a compounding, real raise, coractly,
not a simple raise.
Speaker 3 (28:23):
And and and if the market happens to do better
in any given year today, what do we do, Mike.
Speaker 4 (28:34):
We're gonna raise, We celebrate, and it gets locked in.
Speaker 3 (28:37):
Guys, guys, this is what we talk about when we
talk about real diversification. Notice what we said, real diversification.
We're not talking about exotic emerging market debt funds, right,
We're not talking about quote, the hot alternative asset fund
of the day, We're not talking about the undiscovered manager's fund.
And that's no again, no disrespect, no disrespect. They're doing
(28:58):
what they gotta do. Okay, we're not talking about that.
We're talking about protection, and we're talking about guaranteed raises
regardless of markets lost lost, you will wait your retirementate.
Speaker 4 (29:15):
So Dan, you know I love you, but you have
tainted me. Hmmm, because no matter where I go that
I now make analogies to the pillars. So I'm have to.
I'm on this boat. We have to And the captain
comes on board, and the guy's got a great sense
of humor. He's great, good and he says, folks, bad news.
(29:35):
We're going to be heading into rough waters on our
intended next port. We're not able to go there. Okay, goes,
But I have seen rough waters before, so I've always
had a plan. B. That's our flexibility. And what he
(29:55):
did was provided me, the consumer of this product, right,
a a little peace of mind that he's that he's
seen this movie before. B. They already had it planned,
that's right. And then see they still provided a fantastic experience.
(30:16):
So I'm sitting there with my companion and she's sick
of me talking about this. I said, what they did
was they had a backup plan in place for bad times.
Most investors do not. Now the question is now, the
question is why. Right, I get it, it's a path
(30:36):
of least resistance. But I'll tell you, I'm glad the
captain had seen this movie before. I'm glad that they
had plotted this out in advance. I'm glad that they
could see something is coming and was able to not
only keep us safe but still provide a great outcome
without without us even knowing the difference. This is what
(30:58):
the pillars?
Speaker 3 (30:59):
Are you with your little Oh my gosh, what do
you have a compendium there?
Speaker 4 (31:03):
Yes?
Speaker 3 (31:03):
Yes, Michael. Now, Michael now is a journal a yeah, wow,
I'll carry it with But now he brought that story
to us, and Mike, you know, here's the thing, guys,
is that number one not only does it provide peace
of mind? Right when we're talking, and I'm just gonna
I'm gonna devote this to pillar two, right, knowing that
when I sit back, regardless of those choppy waters, right, Mike,
(31:25):
each year I sit back, my guaranteed withdraw dollars are
going up.
Speaker 4 (31:29):
And talk about pillar three. Oh, your principal, can't enemy
keep going through the different pillars, through their different nuances.
They all do the same thing. Control, flexibility, liquidity, protection, protection.
Speaker 3 (31:44):
And here's the point, guys, this is when the discussion
and Michael makes me again. My stomach turns every time
Michael brings us up. But it's so true back in
the olden days and what goes on at the big
box superstore when they say hang in there, those are
your terms.
Speaker 4 (31:58):
He stop.
Speaker 3 (31:58):
We're not talking about hanging in there because you.
Speaker 4 (32:01):
Know what that is. That's the apology business for the
blueberry portfolio.
Speaker 3 (32:04):
We're talking about additions, okay. And again this is not guys,
this is real world. You know when we talk to
you guys who are on the cruise ship, you guys
are clients.
Speaker 4 (32:14):
You know.
Speaker 3 (32:14):
We're not out there pretending that you have some big
bucket of money in the backyard that you're just waiting
for it, waiting for that bed. What type of simple stuff, guys,
add to pillar two in your iris? Right, it's stackable.
This is stackable. How do they allow this to be stackable?
Speaker 4 (32:30):
Mic?
Speaker 3 (32:30):
At these rates, it won't be forever. That will go away, right.
But the point is, guys, that's the thing. If you're
not in the club, now, let's just get the accounts open,
get in the club, stamp yourself on board. Okay, and
let's have a conversation that evolves involves taking advantage of pullbacks.
(32:50):
Not the hang in there. Not the hang in there.
Speaker 4 (32:53):
Let's get not the history may repeat itself.
Speaker 3 (32:55):
Let's get in there more. That's the key, Michael.
Speaker 4 (32:59):
Dan know what I never want to have to say
to someone.
Speaker 3 (33:00):
What's on?
Speaker 4 (33:01):
Well, if we go back seventy nine years, okay, all.
Speaker 3 (33:03):
Right, all right, it's gonna be okay. Let's educate on
pillar two. Get in the game, guys. Here's how we
can do at www dot Madison Managers dot com. In
the meantime, again, what to do when a loved one
dies is what you're all talking about. If you don't
have it again, request it www dot M A D
I S O N M A N A G E
R s dot com. Use the tax box and let
(33:26):
us know how many copies we can get you. It's
all free. We'll get you right back.
Speaker 2 (33:33):
You are about to experience the Planning for Prosperity show.
Speaker 3 (33:37):
A three two here, Oh boy.
Speaker 4 (33:47):
The twins.
Speaker 3 (33:49):
This is gonna be something that we should know. Dan
Plancy might go around planning for a prosperity radio hour
erasure a little respect sense for us. Well, everyone, welcome
board the cruche.
Speaker 4 (34:05):
Era.
Speaker 3 (34:05):
If you guess, the theme was respect our reps, which
is what we always say, guys. I mean again, rainsleets shine, sickness,
Michael having open wounds in his skull. Okay, that was
a bit graphic. Well, that's what it was. I had
to look at it everyone else to hear about it.
I had to look at it. Respect our repetitions. That
(34:27):
was what we always say. Guys. We work for your
business and we're proud to do so, and we think
we deserve your business at least a shot at your business.
Let us educate, let us show you how we're different.
Best way to have that conversation, get it going www
dot Madison Managers dot com. That's our website. Guys. You're
going to see a textbox once you get there. Again,
(34:48):
let us know you want to chit chat. Let us
know if you want to talk to pillar one, Pillar two,
you want to talk about all the pillars again, guys,
if you missed the first part of the show. What
we did was we brought what you've been discussed with Rob,
who again, if you don't know Rob, he's our concierge
or Acri whatever you would like to call him. Okay,
you've been talking about how much you enjoy, how useful,
(35:11):
how useful the white paper what to do when a
loved one dies has been for you. Okay, it's within
DD two point zero. That's why you bring it up.
If you don't have your copies yet, if you need
an additional copy, it's free. Let us know. It's that simple.
And again I think the best way to do it
is right now, just head on out to the Internet
thing of things www dot Madison Managers dot com, use
(35:35):
that front page, and again just use the tax box.
Let us know how we get them to you. How
many copies and we get them right out. They're freebies, guys.
Speaker 4 (35:42):
All right, Dan Michael, all right, ready ready, I'm reading
this article sure, and it says is investing becoming more
like gambling no betting on the new retail trading craze.
So now they got my attention right the hooks in
me to find out what they're talking about. Have you
heard of something called event contracts?
Speaker 3 (36:06):
What are you talking about? So these these.
Speaker 4 (36:08):
Online trading firms, you know, stocks and bonds is what
you think of? You can now make wagers against other investors,
you know.
Speaker 3 (36:19):
But I'll say this, guys, there used to be and
we we we worked, Michael, and I we Matt. We
actually met at a firm that actually made its name
by your ability to place a bet on anything, quite literally.
Speaker 4 (36:30):
So what what are they talking about now?
Speaker 3 (36:33):
Huh?
Speaker 4 (36:34):
Like we thought crypto was a bit oh man crazy?
So I want, well, what is what are these things?
And they go on to say, well, here was one
of the biggest wagers. Ready would Joe Biden pardon his
brother James before leaving office? But I don't understand that
(36:54):
people are wagering on events, not stocks and bonds and
mutual funds.
Speaker 3 (36:59):
And so these guys have kind of gotten into like
the cas like sports. Yeah yeah, yeah wow.
Speaker 4 (37:05):
And I'm wondering why would these guys do this because
the margins are insanely high. I mean, all all Wall
Street does is keep coming up with new ways to
steal your money.
Speaker 3 (37:19):
Are they still able to sell your data like your
trade data? Are they still able to sell that I
bet they are. I would think so too. I would
think so too. But that that's actually very very interesting
and super super distracting obviously from what you're trying. If
you are a serious investor, that's about as distracting as
it gets from what you're trying.
Speaker 4 (37:37):
Here's Dan and I talking about how to protect your
your hard earned money from the inevitable next stock market tumble,
the inevitable next bond market tumble, whatever it may be.
And this is what they're luring people in with.
Speaker 3 (37:50):
Well, here's what we're talking about, like these areas, here's
what here's what we talked about. It again, we have
to say this not a solicitation to buy, sell or hold.
But we try to be forward looking here and it
mike to be blunt. I mean again, you can pull
the tapes. We called this pull back to a tae. Okay,
we called this sell off to a tape. But it's
what you do around it to everyone. And we just
(38:12):
talked about pillar two where quite simply put, you can
legitimately do nothing if you so chose, and again, as
you sit you are guaranteed withdraw benefit grows. Okay, whilst
the market goes down yes, you heard that right, Or
what you can do is what a bunch of you
(38:32):
guys did this week. And we had a bunch of
you coming in because you've listened on these airs, you're
already clients. You've been educated. And you know what you
liked a lot, and you know what I like a
lot too, And I'm allowed to say that because that's
my opinion. You know what you like a lot? What
I like a lot? I like Pillar three version two
point zero a lot. Okay, I so refresh me, Michael.
(38:56):
Pillar three is what we call well growthy growth. Right,
you can be growthy growth if you like.
Speaker 4 (39:03):
Okay, we're meaning all the stock market stuff here.
Speaker 3 (39:05):
I can be growth, I can be Pamazon, I can
be Hoogle, I can be paple. And it's all picked
in waitings by a professional portfolio management team, and that's
their job to do that. And they have a team
of analysts. Is that just one person sitting in the
undiscovered box? It's it's none of that, Okay. I can
(39:26):
put one hundred percent of my capital in said fund, right,
take advantage of market pullbacks when it gets like this, right,
And what I do is I look out for a
certain term No different than a bond, a CD, whatever
you like to call it. Okay, and the beautiful part
of this is, at the end of the term, if
things work out well, and oh, by the way, we
can change investment directions any which day. Okay, things work
(39:50):
out well, we keep every penny of the upside. Congratulations,
thanks for playing. Now, however, here's the king, and I've
been waiting to use this Mike com as Michael Brown
likes to say.
Speaker 4 (40:06):
If the world happens, and maybe it's happening, I.
Speaker 3 (40:10):
Was just gonna say. Notice we said nothing about individual companies.
Notice how we said nothing about how they operate their companies.
Notice how we said nothing about their decision making capabilities
and or actions. We said the world happening, which is
what's going on right now. Okay, the world's happening right
that nothing, This has nothing, nothing, nothing, nothing to do
with how Amazon is running their business from day to day. Here, Okay,
(40:33):
the point is this. The point is this, If at
the end of that term, I have lost even one
nickel from my initial investment account, my initial principle that
I put up, guess what I get it refunded? And
what does that do?
Speaker 4 (40:48):
Well?
Speaker 3 (40:48):
Number one I've ultimate peace of mind. Right, I can't
lose a nickel. Right, I full exposure to all of
my favorite names, right with a professional team running the body.
Here's the other thing it does. As Michael Brown likes
to say, if the world happened right in markets do
happen to be down, and your portfolio happens to be down,
you get all of your funds back, all of the
funds back, and guess what, As Michael says, the next
(41:12):
move of the chestness, this is the powerful This makes
him so happy. Guys. By definition, if you so choose,
you will be reinvesting in a down market whilst whist
with all of your princess, with all of your principle,
whilst your neighbor waits for things to get better.
Speaker 4 (41:27):
And hopes hopes Now, because what Dan, what is the
stock market? Right? It's a global collection of people's comfort
level with things. Right. If we're all feeling good and
we think it's going to be blue skies, we tend
to be more optimistic, meaning we want the stock market stuff.
(41:50):
If the world is on fire, the global collective might
just get a little bit more nervous, a little bit
more conservative, and maybe not want one hundred percent of
the stock market. Stuff. Well, that is that happening, wouldn't.
I mean, the only time will tell. But there's a
lot of reasons to not be super excited right now.
Speaker 3 (42:12):
Well, and again I'm not being coy, no, no, no.
The point is this, guys, And again, guys, make no mistake.
Because we've been on the phones, We've had so many
discussions with you. You guys understand we are not political
one iyeoda there. What we are though, is we will
talk political, right, we will state the obvious. Right, we
(42:34):
will state the obvious when it comes to your investment
dollars and what to do around that. Now, the point
being is we talked about pillar one, we talked about
pillar two and what you could do there right to
work through this this this world happening. We just talked
about pillar.
Speaker 4 (42:51):
So Dan, if I if I'm thinking about pillar two,
here's one easy way to try to quantify it. What
does it cost every month for me to live? I'm
just gonna make a make up a number five dollars.
Speaker 3 (43:04):
This is great.
Speaker 4 (43:05):
Then we can reverse engineer how much principle is needed
to pay for those fixed Okay, now we've got our
fixed cost set. Now we have our other dollars where
we can go to other pillars. Maybe we want to
be a little bit more risk a. Maybe we want
to be all the growth with no downside in pillar three,
et cetera. But now that I know my rent, my taxes,
(43:29):
my car payment insert cost here. Once I know those
are set, then I move on.
Speaker 3 (43:35):
And and and here's and here's the key, guys. So
Mike just talked about pillar two. We just talked about
pillar three, and what we can do there, you know,
let's add some capital. Let's talk about this right now, right,
what about pillar four? What if I love the NASDAC
(43:55):
where the show we see the baseball bat has been
taken to the knees right with respect to this selloff,
What if I love the NASDAC. What if I have
some money I might want to put to work, and
I might like to take advantage of this, and maybe,
just maybe I might like some protection if my bat
my investment goes sour or in other words, the world
(44:18):
continues to have.
Speaker 4 (44:19):
And just when Dan says the Nasdaq, what we're talking
about is all the high tech guys, right, technology, technology, technology,
technology good. And if you want to talk about these
crazy things like quantum computing. Great, you want to talk
about old school software. Great, all of the above, but.
Speaker 3 (44:37):
This is where the gut punches been in this selloff. Guys.
It's not guys, we're not judging. We're not saying it's right,
we're not saying it's wrong. It is what it is. Yeah,
we're telling you again, not a solicity to buy seller.
Speaker 4 (44:49):
Hold.
Speaker 3 (44:50):
Let's get you up to speed on how you can
enter that area where we've seen this gut bunch. We've
seen this, and maybe get you a little protection underneath.
Don't be naked, guys, that's what is Mike. We got
so much into this show. We loved it, guys. We
love being with you. Thank you for being with us.
Speaker 4 (45:11):
Guys.
Speaker 3 (45:12):
Best way to set your appointment, Best way to grab
your DoD two point oh's best way to grab your
What to do when a loved one dies? White paper,
It's www. Dot Madisonmanagers dot com. Go to the tax
box right now. Let us know what we can get
to you. It's all free and we can't wait to
talk to you in the office. We'll see that
Securities and investment advisory services offered through Osaic Wealth Inc.
Member finraw as IPC oasaic Wealth is separately owned and
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):
deemed reliable, but its accuracy and completeness are not guaranteed.
Neither Osaic Wealth Inc. Nor Madison Wealth Managers accept any
liability for the use of the information discussed. Consult with
a qualified financial, legal, or tax professional before taking any action.
Any opinions expressed in this form are not the opinion
or view of Osaic Wealth Inc. Information in this illustration
has been obtained from sources believed to be reliable and
are subject to change without notification. The information presented is
(00:44):
provided for informational purposes only and not to be construed
as a recommendation or solicitation. Investors must make their own
determination as to the appropriateness of an investment or strategy
based on their specific investment objectives financial status and risk tolerance.
Past performance is not an indication of future results investments
in vol of risk and the possible loss of principle.
Speaker 2 (01:04):
You are about to experience the planning for Prosperity Show
three two.
Speaker 3 (01:20):
Yeah, I got that one first. Daniel Polanski Michael Brown,
Managing director, Michael Brown planning for a Prosperity radio hour.
Welcome aboard the cruise ship.
Speaker 4 (01:33):
I have them for you. Well that I have a
funny everyone.
Speaker 3 (01:39):
As you know, we like to begin each segment by
thanking you, which no one else does, so we want
to thank you. We've got it again. Our concierge who
talks to many of you, most of you when you
call in looking for documents and requesting documents. Michael, I
learned something and we spent good two weeks pounding the
(02:01):
table on this. But within the DODS version two point
zero that you guys have been requesting like hotcakes, hot
off the griddle, if you will. Within the DoD two
point zero is a document that I overlooked initially, and
Michael pounded the table on this document and it was
wrong of me, and I apologized on these errors. It
was wrong of me.
Speaker 4 (02:21):
But you've seen the air of your waist in the error.
Speaker 3 (02:25):
I've come around and I now do believe that this
particular white paper, which is exactly what it is. It's
bullet point, guys. It's what we do consumer grade what
to do when a loved one dies, which is housed
within the DoD version two point zero. That's professionally bound
in our opinion. We're allowed to have opinions, and our
opinions are best to state planning work. Yet, okay, we
(02:47):
do it for free. We get it too for free.
What to do when a loved one dies comes up
in nearly every conversation that that we're having with you,
which again I've just got to say this, it's very
very simple. I believe if for no other reason, to
get the DODA again, it's free. We ship it for
(03:08):
for you. Guys. All know that. Okay, we get you
extra copies whatever you like. It's very expensive, guys, but
we appreciated this. What we do we educate first. This
is how we show our commitment to education first. The
point is this what to do with when a loved
one dies? You need it. It's it's not optional, it's
not I may like to read this I may like
(03:30):
to have it on hand, guys. It's fundamental. It is
necessary when you are in the state of flux, when
this life event happens, you need a document, a hard
document to turn to that says do this, this, this, this,
this and this and Dan.
Speaker 4 (03:51):
It's not just making burial arrangements, right, we all know that. Intuitively,
we know that. And today and age, with so much
identity theft, right, the bad guys are so sophisticated these
days that you have to act quickly on a few
things to try to protect against these bad characters. You know,
(04:13):
whether it's contacting Social Security, freezing the credit cards and
canceling the driver's license, little things like this, you Michael,
but they have to be done immediately because the bad
guys are fishing and the information is so public so
quickly when I pass away, it's out there floating around
the ethernet.
Speaker 3 (04:33):
And Mike, the point is again in today's day and age,
where everyone and their brother has been hacked seventeen times over.
Speaker 4 (04:39):
If you haven't, it's happening.
Speaker 3 (04:41):
The date is there, The data is out there, guys.
Even when I didn't come around to saying this is
a must have document, which this is the only document
toat Again, if you only get the DoD two point
off for free, guys, for free, if you only requested
for one document, this is it. But even before I
(05:01):
recognized its importance, it's supremacy if you will. Even before that, Michael,
what did I always say? This is a list of
what you will never think about.
Speaker 4 (05:12):
Because we think that things are just going to happen
and they don't.
Speaker 3 (05:17):
We think we will be protected and.
Speaker 4 (05:19):
That someone's gonna hold our hand and they're not.
Speaker 3 (05:21):
That's it. That's it.
Speaker 4 (05:22):
So it could be as simple as getting ten or
a dozen original copies of the death certificate because most
financial institutions won't take copies anymore. Yeah, something as simple
as that guiding you to the estate timeline, how to
start communicating with everyone in the beneficiary club, right, and
(05:45):
then it leads you to the twenty five documents you
need before you die, and this hoping that they are there.
Speaker 3 (05:50):
And what Michael's naming, guys, if you're not familiar, these
are all white papers with in do D version two
point zero. So again we had to thank you, and
we've got to thank you for giving us that feedback, right,
because that feedback so important might because that's what draws,
that's what that's what driving it for you, that's what
drives what we do.
Speaker 4 (06:09):
So Dan, so what I was gonna say earlier is
I actually, for the first time in twenty five years,
went on a cruise. I wasn't looking forward to.
Speaker 3 (06:18):
I was going to say nothing.
Speaker 4 (06:19):
I wasn't looking forward to.
Speaker 3 (06:20):
I was going to say nothing.
Speaker 4 (06:21):
My travel companion did it as a surprise because I'm
my little booboo and gave me some sunshine. But within
these cruise ships there's an inner cruise ship and it's
called the Haven. Have you ever heard of this?
Speaker 3 (06:35):
I don't even know what you're talking, Okay, okay, so
just anyone else, by the way, explained quickly.
Speaker 4 (06:40):
Within these huge boats that are cities on the water,
there's an inner sanctum called the Haven, where you have
your own pool, your own restaurants, your own eckery. Yes,
and it was I was blown away by the service
what we do, Dan and I Madison, with all these
educationation materials. We're giving everyone inside access to this haven
(07:04):
because it's a different experience. It's just a different experience.
Dennis was our guy. Anything you could possibly want, think, need,
where do I go, how do I do this? Dennis
on the spot. This is how we go above and
beyond investment structure, financial planning, getting an attorney to draft
(07:26):
your will, et cetera, et cetera, et cetera, doing their
insurance planning. That is, those are the building blocks that
everyone expects we with our education materials. This is our haven.
Speaker 3 (07:37):
Well done, Mike, and it was very interesting, daeld done well.
If we get back to what we always call blocking
and tackling, yes, right, if we get back to the
blocking and tackling, this is a building block, right, this
is a must have building block, guys, that that's the
best way to describe it. And we put it together.
It's with a ton of other very very worthy material. Right.
(08:02):
But again, if for no other reason, what to do
when a loved one dies, this is it. And Michael
before before I came around, before I came around and
realized again it's supremacy your dark days. Yes, I always
gave it credit because it is what you will not
think about. It is what a financial professional will not
(08:22):
think about. And I always always always come back to
a conversation. I'll tell a quick tale. Sitting at a
client's house, a friend happened to be over. A friend
of the client happened to be there and was asking
questions because a loved one had just died. Asking questions.
I said, well, you know, we actually put together something
(08:43):
we called the DoD version two point zero. We put
this together. Let me get your free copy. I'll get
your free copy. No, I already have a financial advisor.
Well let's just take this step back here. You're asking me,
not that financial advisor, right, Michael. So maybe there's an
education gap there, and it never went anywhere I sent
(09:06):
you know, I sent our clients another copy if they
wanted to hand it out. You know, whatever it was,
what it was. But the reality, guys is let us
and we're doing this for free. There is no commitment,
there's no anything. We're literally just trying to help. But
then we've been help.
Speaker 4 (09:26):
It usually takes some form of catalyst for us to
take action on anything, a health event to become healthier,
a financial event to look at our assets, and the
death of a loved one before we're like, oh goodness,
we should have done this before. It usually takes that catalyst.
What we're trying to do is get you to be
proactive because when you're reactive, you're in trouble.
Speaker 3 (09:49):
Well done, You're late. You're late, right, you're late to
the party. And guys, we had absolutely no plan to
begin our discussion with the OD version two point zero
what to do when I loved one dies? But that's
a how it works here, So grab your copies. Guys.
Welcome aboard the cruise ship the best Way, the Haven
wwe Haven www dot Madisonmanagers dot com, M A D
(10:11):
I S O N M A N A G E
R s dot com. Use the textbox again, guys, let
us get you what to do when a loved one dies.
We'll send it along with the D A D two
point zero four free. We'll see you right back.
Speaker 2 (10:26):
You are about to experience the planning for prosperity show
three two.
Speaker 5 (10:33):
Er Tina, I just tell the voice. I've never heard
it all in my life.
Speaker 3 (10:44):
Happy weekend everyone.
Speaker 4 (10:45):
Please, that's another respect song.
Speaker 3 (10:49):
Is this undiscovered artists? Is this like undiscovered managers?
Speaker 1 (10:52):
Fun?
Speaker 3 (10:53):
Like the undiscovered manager fun?
Speaker 4 (10:55):
Don't start you.
Speaker 3 (10:57):
Got a joke about that, guys, Happy again the Dan
Blansky Bikeah Brown Madison Wealth Managers. It's always Madison for
the win, guys and thank you for all all of
your inbounds. We are as you know, guys. We're here
to educate first. We're here to educate first. We're then
here to solve. Right, Mike Saul for X Right. There
is no Blueberry portfolio fits all.
Speaker 4 (11:17):
There's no no undiscovered managers, no certified investment.
Speaker 3 (11:22):
I'm gonna I'm gonna give this real quick, guys. And
this is again, this is scary okay, Www dot Madison
Managers dot com. Again, it's www dot M A D
I S O N M A N A G E
R s dot com. Use the textbox if you missed
segment one. We had a discussion around what you've been
(11:42):
talking about lately. When you talk to our eck Ray,
our concierge, if you will, when you talk to Robert,
the young man's name is Robert. When you talk to
Roberts right, who is now full He's returned to normal. Here,
he's full He's not full figured, but he is full figure.
He's back to normal. Way, Okay, he's no longer emaciated.
(12:03):
Perhaps when you talked to him around wedding time he
may have seen a little out of it, a little bit.
He was sick, Yes, he was ill, right, he was malnourished.
But now he's back. We've been giving a granola bars,
whatever's loose, you know, we give it to him. Okay.
Point is this full sugar, soda, whatever it is?
Speaker 4 (12:18):
The point.
Speaker 3 (12:19):
The point is this, guys. You guys have been talking
to him apparently over the last several weeks about what
to do when a loved one dies. Now, you guys
know from past months, if you're cruise ship member, you
know that was always Mike Brown's favorite document. And I
finally came around. We had no idea the impact he
was making with you, so thank you. So the point
(12:41):
is this, if you don't have it, okay, we get
it to for free. We get it too, professionally bound.
We send it to you for free. There's no reason
not to have it. It is a need. Guys, www
dot Madison, m A D I S O N M
A N A g R s dot com. Just use
the textbox I think the right time. Just do it
right now, grab your tablet, your phone, whatever it is.
(13:03):
Just let us know, say send me that send me
that document. Now I gotta again, I just gotta get
this in because Mike, Mike said a great story. Uh,
one of you came in this week. Now, you guys know,
if you were with us last week, we had a
little laugh because someone came in with one of these
again what we call the Blueberry portfolio. And that's exactly
what it is. It literally was called the chief Investment
(13:23):
Officers portfolio. It was from bank that absorbed a brokeratrom Okay,
that's what it really is. A crisis during the crisis.
So when you walk into this bank, you are offered
up a slice of the chief Investment officers portfolio. Now,
whether it fits your needs, which in this the first case,
it clearly clearly was so far off the mad I
(13:45):
had nothing to do with what the client wanted. It
fit the purpose.
Speaker 4 (13:49):
Though.
Speaker 3 (13:49):
Point is this, there was a fund in there that
we had a little chuckle. We had a little chuckle about.
It was called the and again this might be the
greatest fun known to mankind. Okay, but something tells me
any stuff, something tells me it's meant as little marketing employee,
shall we say, it is called the Undiscovered Manager's fund. Now,
we have no idea. We don't know who these undiscovered
(14:11):
money managers are. We don't know why they're undiscovered. Okay,
we don't know why, but if you do.
Speaker 4 (14:15):
It, all of a sudden, they've been discovered in the
blueberry portfolio. Well done, Mike, because they wrote a big
enough check to the bank.
Speaker 3 (14:21):
Yes, they've been discovered by the lart. Now we would say,
all right, we'll give it a pass if it's in
one blueberry portfolio at one bank.
Speaker 4 (14:30):
Yes.
Speaker 3 (14:31):
Now the best part, guys, the best part of this, Well,
here we go, new client right on board, came right
in this week, had the again proposed This was beautiful, Mike,
And this was at this was again at a super bank. Okay,
this is at a super bank. This was color everywhere,
(14:52):
lots of lots of magenta. Yes, and guys, again, this
was in a model portfolio meaning meaning meaning the firm
manages this money, meaning you're your money manager, you're broker,
you're a financi advisor. Doesn't dodge this, Okay, firm manages it.
Guess what was in there, guys, the undiscovered manager's fun
(15:15):
they've got the checkbook. Ah. Now again, I had some
water I like did a little gurgle with it because
I couldn't spit it out because I was at their table.
So it wouldn't have been nice to spit it out,
And they said, Dan, what's so funny? So I told
the story. Mike, could you please tell everyone let everyone
in on what this little secret is when we talk
(15:37):
about these model portfolios at the super box stores. Please
please please let everyone in what this means these companies
have to do to be a part of this blend,
this magical blend.
Speaker 4 (15:53):
So Dan runs the big box bank store Blueberry portfolio
producer fund. I'm the undiscovered manager fund. I have to
go to Dan and say, I would like very much
for your sales force.
Speaker 3 (16:13):
Ten strong, twenty thousand strong, whatever it.
Speaker 4 (16:16):
Is to sell my mutual fund to your investor customers.
M okay. Dan then says to me that would be lovely.
Speaker 3 (16:26):
Love love to great idea, Mike, Thank you.
Speaker 4 (16:30):
What you're going to have to do, Mike is write
a check to me with lots and lots of zeros
on it, and then Dan will consider we'll think about
it whether or not my goofy magenta fund makes it
onto the platform that is sold to you, the investor.
(16:51):
That's how this works because no one wants to talk
about it that it's been happening for decades.
Speaker 3 (16:57):
Let me make this very clear. Guys, just let's think
about this as a thinking group, because on the cruise
ship you are all thinkers. We're all thinkers. Right by definition,
If you are in the model portfolio at two of
the largest super bank superstores on the face of the planet,
by definition, you are no longer undiscovered, right, I mean,
(17:19):
no one's.
Speaker 4 (17:19):
Gonna know who are? You don't care, but you you
long shares of the fun You can no longer.
Speaker 3 (17:26):
Use that name. So the point is this, guys, please
let us talk to you about an alternative to this stuff.
Please please let us talk now.
Speaker 4 (17:35):
Dan and I laugh about this. It's really not funny.
It's no, it's really not because once again Wall Street
is doing a great disservice to you, the consuming investor public.
And we get it. Life is hectic enough. My least
favorite word is busy. But people are busy, do you, Dan,
(17:56):
as an investor, when when the the salesperson at the
box bank store says we're gonna have all these funds
to cover all your bases, most people are not going
to dissect the funds themselves. They don't have the time. Uh,
they probably don't have the resources to be able to
do it design, and then you have to have the
(18:19):
ability to really pull these things apart. So from Wall
Street's perspective, it's genius. From a moral standpoint, it's devious, right,
But this is how the world works. Now. Once the
undiscovered whoever fund raises their X amount of dollars, they
(18:41):
no longer need to write the checks to the big
box bank store because then now they're fat and hammy.
You're so, what will happen at some point in time
is this fund then gets replaced with a new fund
that's writing a new check to the big box banks.
(19:02):
Those documents and sometimes these firms will call them what
their focused partners. Is that what you call because they
write the checks for the private jets to get these
guys to Maui for their big you know, think tank
meetings as to what the next undiscovered behind?
Speaker 3 (19:21):
Can you mind you? The people making these decisions have
never managed clients, they've never talked to alan, They have
no absolutely not any idea, nor do they care what
your needs are, what your needs, your goals, your aspirations, whatever.
Speaker 4 (19:34):
Here's what they care about. We the big box bank store,
need to raise X amount of dollars this quarter that
we can double and triple dip fees on to hit
the super company's numbers.
Speaker 3 (19:48):
And then what happens. Here's what happens is that product
manager who's managing all of this inflow right into the
super Blueberry portfolio. Right then what he does is he
calls up super box store being and says, hey, you
got an opportunity over there, because I just raised X
amount of money over it, Big Box Store.
Speaker 4 (20:10):
I might be able to do it again.
Speaker 3 (20:11):
I might be able to do it again. So this
is what happens, guys. So we're gonna get into it,
and again Michael has a store. We've gotta gotta gotta
talk about the pillars. And the reality is, guys, is
we really even we really haven't gotten into much of
the shall we say, market indigestion? Michael, what would you
like to call it? Shall we call it a sell off?
(20:32):
Shall we call it? Portfolios are down?
Speaker 4 (20:34):
The television they just called it volatiley volatile?
Speaker 3 (20:36):
Shall we we don't you guys know that, which is
not You guys know that we we we do not,
we do not subscribe to that term. But we've got
We've had a lot of great conversations with you guys,
whether it be pillar two's, Pillar threes, pillar four's, and
just the reassurances and how how well you are feeling.
And guess what, Mike, when you feel good, guess what
(20:58):
you do in the market pulls back? What do you do, Mike?
Speaker 4 (21:01):
Well with our people? Yeah, then we take more resk.
Speaker 3 (21:04):
You might like to do a little little little flipping
around little maybe add a few shekels. Whatever it happens
to you, guys, go to break, Dan Polancy, Michael Brown
www dot Madison Managers dot com. Go grab what to
do when a loved one dies? Guys, just put in
your quest right in that tax box and we zip
it right out to you. It is a freebie. We'll
see you right back.
Speaker 2 (21:27):
You are about to experience the planning for prosperity show
in three two. Who here, I'm working over time.
Speaker 3 (21:39):
John, I wouldn't even know what this is from miss
ball and James.
Speaker 6 (21:44):
Williams sounds like Tank Williams, I would, let's say, Dan Polancy,
Michael Brown, Managing Director, Michael Brown, Madison Wealth Managers for
the Wins, Oh Brooks and it don oh Brin Straddny
Stratton right, whatever it be.
Speaker 3 (22:02):
Since we've heard from breaks in Stratton.
Speaker 4 (22:03):
It has been some time.
Speaker 3 (22:04):
Why they're playing. They're still ripping it up out there. Huh.
Speaker 4 (22:06):
They're not kids anymore.
Speaker 3 (22:08):
No, they're ripping it up. Wow, Well so are we, guys,
and you guys know that. We again, we've been really
building the show around just a conversation that we had
with the aquy with young Robert regarding the conversations he's
had with you. Because that's what we do around here.
We let you know what's going on. You drive what
we produce in the realm of education, and you also
(22:29):
drive what we talk about on this show. Go figure, Mike, right,
we bring you what you want, which you're actually asking for.
It's really amazing, by the way. Strange the XLU was
down four point seven percent last week. I'd just like
to report on nntest was the IBB Hey, step back.
I just wanted to do a little reporting, Michael, as
some of the others do.
Speaker 4 (22:48):
That's not what we do.
Speaker 3 (22:49):
Here's the point, guys again, if you do not have
what to do when a loved one dies, that's our
white paper. Okay, it's become arguably our most popular white
paper ever. And that's saying something because twenty five docs.
You need to be supreme, maybe not, maybe not a.
Speaker 4 (23:06):
Mean stay tiline reign supreme.
Speaker 3 (23:08):
What to do when a loved one dies? Guys, it's
within the DoD version two point zero, which again we
are allowed to have opinions. We are allowed to discuss
our opinions. In our opinion, the DoD version two point
zero is our best the state planning work ever and
it is professionally bound. It will literally be with you forever. Okay,
it will be with your loved ones forever. That's why
we say, get two copies. Okay, we are not We're
not cheap around here, Michael. We are not. Well, I
(23:29):
should say you're a.
Speaker 4 (23:30):
Cheap I wish we're a cheaper.
Speaker 3 (23:31):
Yeah no, but we're not cheap. Guys. Grab two copies
www dot Madisonmanagers dot com is the way to do it.
You're gonna see a tax box again. Just let us know.
Let us know. I want two copies, O three copies,
be in touch this way, leave your address whatever you want, guys.
We ship it out for free. So that's what we do. Guys.
We have to talk about the pillars during this time
(23:54):
of selloff, right, Mike, Absolutely, I see no reason we
should again, guys, is only because we wanted to bring
you what you're talking about. Okay, we kind of skip
a couple of segments, right, but we've got to talk
about this because I'm gonna come out here and you
guys know this. I pound the table on pillar two
(24:14):
and I'm proud to do so.
Speaker 4 (24:15):
Okay, and again pillar two? Is it lifetime income?
Speaker 3 (24:19):
Do it? That's easy?
Speaker 4 (24:20):
Your own that can't go down? What even if the market.
Speaker 3 (24:23):
Does good, whatever you want to call it, your own,
it can only go up your own personal pension, your
own check in the mailbox, whatever.
Speaker 4 (24:30):
While still keeping in control of your money. Correct you, You,
Dan and I together decide how the money's invested.
Speaker 3 (24:37):
Can we be growth byke?
Speaker 4 (24:38):
We can be as growthy growth as you want.
Speaker 3 (24:40):
Can I be as value as Warren Buffa.
Speaker 4 (24:42):
Go buy all the burgers and potato chips and sodas
you want?
Speaker 3 (24:45):
Love it? Can I mix the two all of the above?
Love it?
Speaker 4 (24:47):
Ok, And let go further. Let's say a couple of
years from now, I have a health event. Yeah, I
need a substantial amount of my savings. It's your money.
Speaker 3 (24:57):
Take it, Well done, Well done, Mike. Liquidity is a
fee Okay, okay, guys. Pillar two, I pound the table, okay,
because I'm of the opinion now and the more and
more I sit down and have one on ones with you, guys,
this is your number one concern. Your number one concern
is getting a check in the mailbox, whether it's monthly, quarterly,
once a year, whatever it is during your retirement, so
(25:19):
that whether you want to hang them up and do
nothing and read, whether you want to go out and
do something else with your life, whatever it is, you
want that security and you want it guaranteed. You don't
want a story. You don't want to maybe's if butts,
if I take three percent, I'm fine. If I take
four percent, well that that company out there in Boston
told me that'd be great. But uh, if I you know,
(25:40):
if I go, bust, I go and boss you know.
Speaker 4 (25:43):
And Dan, here's the commonality among amongst all the pillars, flexibility.
Speaker 3 (25:48):
Well done, Mike. Here and here's the thing, guys, during
these times of turbulence, the number one point that we
educate on is twofold number one. And you guys know this.
When we first and there's been two particular vehicles, two products,
if you will, two product providers that stood out to
(26:11):
us right in Pillar two. Okay, the first one was
again the numbers were off the charts, right in terms
of again the numbers are the numbers right in terms
of guarantees provided to the numbers were off the charts.
The second one, which is the current iteration, is again
off the charts. Very good, right, very good. Maybe not
(26:33):
quite as rich as the first, but again still very
very good. Historically has right and relative to peer group
blows them away. Okay, here's the point, guys, here's the
education piece. Michael. If I'm deferring my income, I put
one hundred thousand dollars into one of these Pillar two investments, right,
(26:55):
mark goes down ten percent, twenty percent, like what it's
doing right now. And I call cousin Dan, I call
cousin Mike, and I say, ah, my portfolio is down.
My portfolio is down. It's a you know, I put
in one hundred it's at eighty five. Well, what's this
going to do to my income? Michael? Into place?
Speaker 4 (27:12):
Ear incomes going up?
Speaker 3 (27:15):
Wait a minute, Michael, my ear, my ear?
Speaker 4 (27:17):
What everyone think everyone? I shouldn't say everyone, most people.
As we start to think about retirement, we start to
spend a little bit more time thinking about Social Security.
And everyone I think is familiar with the concept. If
I take my benefits at age sixty two, they are
going to be less than if I take them at
(27:38):
age seventy. Everybody gets that, right. The longer I wait,
the higher my check is in the mail every month.
Pillar two is based on the same premise, regardless of
market activity, market outcomes, good, bad, and different. Correct, every
year that I wait, my check is higher, just like
(27:59):
social See, even if the market goes down.
Speaker 3 (28:01):
Now we're not going to use numbers, but let's just
put it this way. Your raise for deferring right, that
income is substantially above any raise that you'll ever get
from the Social Security Administration i e.
Speaker 4 (28:17):
The US government, because it's a compounding, real raise, coractly,
not a simple raise.
Speaker 3 (28:23):
And and and if the market happens to do better
in any given year today, what do we do, Mike.
Speaker 4 (28:34):
We're gonna raise, We celebrate, and it gets locked in.
Speaker 3 (28:37):
Guys, guys, this is what we talk about when we
talk about real diversification. Notice what we said, real diversification.
We're not talking about exotic emerging market debt funds, right,
We're not talking about quote, the hot alternative asset fund
of the day, We're not talking about the undiscovered manager's fund.
And that's no again, no disrespect, no disrespect. They're doing
(28:58):
what they gotta do. Okay, we're not talking about that.
We're talking about protection, and we're talking about guaranteed raises
regardless of markets lost lost, you will wait your retirementate.
Speaker 4 (29:15):
So Dan, you know I love you, but you have
tainted me. Hmmm, because no matter where I go that
I now make analogies to the pillars. So I'm have to.
I'm on this boat. We have to And the captain
comes on board, and the guy's got a great sense
of humor. He's great, good and he says, folks, bad news.
(29:35):
We're going to be heading into rough waters on our
intended next port. We're not able to go there. Okay, goes,
But I have seen rough waters before, so I've always
had a plan. B. That's our flexibility. And what he
(29:55):
did was provided me, the consumer of this product, right,
a a little peace of mind that he's that he's
seen this movie before. B. They already had it planned,
that's right. And then see they still provided a fantastic experience.
(30:16):
So I'm sitting there with my companion and she's sick
of me talking about this. I said, what they did
was they had a backup plan in place for bad times.
Most investors do not. Now the question is now, the
question is why. Right, I get it, it's a path
(30:36):
of least resistance. But I'll tell you, I'm glad the
captain had seen this movie before. I'm glad that they
had plotted this out in advance. I'm glad that they
could see something is coming and was able to not
only keep us safe but still provide a great outcome
without without us even knowing the difference. This is what
(30:58):
the pillars?
Speaker 3 (30:59):
Are you with your little Oh my gosh, what do
you have a compendium there?
Speaker 4 (31:03):
Yes?
Speaker 3 (31:03):
Yes, Michael. Now, Michael now is a journal a yeah, wow,
I'll carry it with But now he brought that story
to us, and Mike, you know, here's the thing, guys,
is that number one not only does it provide peace
of mind? Right when we're talking, and I'm just gonna
I'm gonna devote this to pillar two, right, knowing that
when I sit back, regardless of those choppy waters, right, Mike,
(31:25):
each year I sit back, my guaranteed withdraw dollars are
going up.
Speaker 4 (31:29):
And talk about pillar three. Oh, your principal, can't enemy
keep going through the different pillars, through their different nuances.
They all do the same thing. Control, flexibility, liquidity, protection, protection.
Speaker 3 (31:44):
And here's the point, guys, this is when the discussion
and Michael makes me again. My stomach turns every time
Michael brings us up. But it's so true back in
the olden days and what goes on at the big
box superstore when they say hang in there, those are
your terms.
Speaker 4 (31:58):
He stop.
Speaker 3 (31:58):
We're not talking about hanging in there because you.
Speaker 4 (32:01):
Know what that is. That's the apology business for the
blueberry portfolio.
Speaker 3 (32:04):
We're talking about additions, okay. And again this is not guys,
this is real world. You know when we talk to
you guys who are on the cruise ship, you guys
are clients.
Speaker 4 (32:14):
You know.
Speaker 3 (32:14):
We're not out there pretending that you have some big
bucket of money in the backyard that you're just waiting
for it, waiting for that bed. What type of simple stuff, guys,
add to pillar two in your iris? Right, it's stackable.
This is stackable. How do they allow this to be stackable?
Speaker 4 (32:30):
Mic?
Speaker 3 (32:30):
At these rates, it won't be forever. That will go away, right.
But the point is, guys, that's the thing. If you're
not in the club, now, let's just get the accounts open,
get in the club, stamp yourself on board. Okay, and
let's have a conversation that evolves involves taking advantage of pullbacks.
(32:50):
Not the hang in there. Not the hang in there.
Speaker 4 (32:53):
Let's get not the history may repeat itself.
Speaker 3 (32:55):
Let's get in there more. That's the key, Michael.
Speaker 4 (32:59):
Dan know what I never want to have to say
to someone.
Speaker 3 (33:00):
What's on?
Speaker 4 (33:01):
Well, if we go back seventy nine years, okay, all.
Speaker 3 (33:03):
Right, all right, it's gonna be okay. Let's educate on
pillar two. Get in the game, guys. Here's how we
can do at www dot Madison Managers dot com. In
the meantime, again, what to do when a loved one
dies is what you're all talking about. If you don't
have it again, request it www dot M A D
I S O N M A N A G E
R s dot com. Use the tax box and let
(33:26):
us know how many copies we can get you. It's
all free. We'll get you right back.
Speaker 2 (33:33):
You are about to experience the Planning for Prosperity show.
Speaker 3 (33:37):
A three two here, Oh boy.
Speaker 4 (33:47):
The twins.
Speaker 3 (33:49):
This is gonna be something that we should know. Dan
Plancy might go around planning for a prosperity radio hour
erasure a little respect sense for us. Well, everyone, welcome
board the cruche.
Speaker 4 (34:05):
Era.
Speaker 3 (34:05):
If you guess, the theme was respect our reps, which
is what we always say, guys. I mean again, rainsleets shine, sickness,
Michael having open wounds in his skull. Okay, that was
a bit graphic. Well, that's what it was. I had
to look at it everyone else to hear about it.
I had to look at it. Respect our repetitions. That
(34:27):
was what we always say. Guys. We work for your
business and we're proud to do so, and we think
we deserve your business at least a shot at your business.
Let us educate, let us show you how we're different.
Best way to have that conversation, get it going www
dot Madison Managers dot com. That's our website. Guys. You're
going to see a textbox once you get there. Again,
(34:48):
let us know you want to chit chat. Let us
know if you want to talk to pillar one, Pillar two,
you want to talk about all the pillars again, guys,
if you missed the first part of the show. What
we did was we brought what you've been discussed with Rob,
who again, if you don't know Rob, he's our concierge
or Acri whatever you would like to call him. Okay,
you've been talking about how much you enjoy, how useful,
(35:11):
how useful the white paper what to do when a
loved one dies has been for you. Okay, it's within
DD two point zero. That's why you bring it up.
If you don't have your copies yet, if you need
an additional copy, it's free. Let us know. It's that simple.
And again I think the best way to do it
is right now, just head on out to the Internet
thing of things www dot Madison Managers dot com, use
(35:35):
that front page, and again just use the tax box.
Let us know how we get them to you. How
many copies and we get them right out. They're freebies, guys.
Speaker 4 (35:42):
All right, Dan Michael, all right, ready ready, I'm reading
this article sure, and it says is investing becoming more
like gambling no betting on the new retail trading craze.
So now they got my attention right the hooks in
me to find out what they're talking about. Have you
heard of something called event contracts?
Speaker 3 (36:06):
What are you talking about? So these these.
Speaker 4 (36:08):
Online trading firms, you know, stocks and bonds is what
you think of? You can now make wagers against other investors,
you know.
Speaker 3 (36:19):
But I'll say this, guys, there used to be and
we we we worked, Michael, and I we Matt. We
actually met at a firm that actually made its name
by your ability to place a bet on anything, quite literally.
Speaker 4 (36:30):
So what what are they talking about now?
Speaker 3 (36:33):
Huh?
Speaker 4 (36:34):
Like we thought crypto was a bit oh man crazy?
So I want, well, what is what are these things?
And they go on to say, well, here was one
of the biggest wagers. Ready would Joe Biden pardon his
brother James before leaving office? But I don't understand that
(36:54):
people are wagering on events, not stocks and bonds and
mutual funds.
Speaker 3 (36:59):
And so these guys have kind of gotten into like
the cas like sports. Yeah yeah, yeah wow.
Speaker 4 (37:05):
And I'm wondering why would these guys do this because
the margins are insanely high. I mean, all all Wall
Street does is keep coming up with new ways to
steal your money.
Speaker 3 (37:19):
Are they still able to sell your data like your
trade data? Are they still able to sell that I
bet they are. I would think so too. I would
think so too. But that that's actually very very interesting
and super super distracting obviously from what you're trying. If
you are a serious investor, that's about as distracting as
it gets from what you're trying.
Speaker 4 (37:37):
Here's Dan and I talking about how to protect your
your hard earned money from the inevitable next stock market tumble,
the inevitable next bond market tumble, whatever it may be.
And this is what they're luring people in with.
Speaker 3 (37:50):
Well, here's what we're talking about, like these areas, here's
what here's what we talked about. It again, we have
to say this not a solicitation to buy, sell or hold.
But we try to be forward looking here and it
mike to be blunt. I mean again, you can pull
the tapes. We called this pull back to a tae. Okay,
we called this sell off to a tape. But it's
what you do around it to everyone. And we just
(38:12):
talked about pillar two where quite simply put, you can
legitimately do nothing if you so chose, and again, as
you sit you are guaranteed withdraw benefit grows. Okay, whilst
the market goes down yes, you heard that right, Or
what you can do is what a bunch of you
(38:32):
guys did this week. And we had a bunch of
you coming in because you've listened on these airs, you're
already clients. You've been educated. And you know what you
liked a lot, and you know what I like a
lot too, And I'm allowed to say that because that's
my opinion. You know what you like a lot? What
I like a lot? I like Pillar three version two
point zero a lot. Okay, I so refresh me, Michael.
(38:56):
Pillar three is what we call well growthy growth. Right,
you can be growthy growth if you like.
Speaker 4 (39:03):
Okay, we're meaning all the stock market stuff here.
Speaker 3 (39:05):
I can be growth, I can be Pamazon, I can
be Hoogle, I can be paple. And it's all picked
in waitings by a professional portfolio management team, and that's
their job to do that. And they have a team
of analysts. Is that just one person sitting in the
undiscovered box? It's it's none of that, Okay. I can
(39:26):
put one hundred percent of my capital in said fund, right,
take advantage of market pullbacks when it gets like this, right,
And what I do is I look out for a
certain term No different than a bond, a CD, whatever
you like to call it. Okay, and the beautiful part
of this is, at the end of the term, if
things work out well, and oh, by the way, we
can change investment directions any which day. Okay, things work
(39:50):
out well, we keep every penny of the upside. Congratulations,
thanks for playing. Now, however, here's the king, and I've
been waiting to use this Mike com as Michael Brown
likes to say.
Speaker 4 (40:06):
If the world happens, and maybe it's happening, I.
Speaker 3 (40:10):
Was just gonna say. Notice we said nothing about individual companies.
Notice how we said nothing about how they operate their companies.
Notice how we said nothing about their decision making capabilities
and or actions. We said the world happening, which is
what's going on right now. Okay, the world's happening right
that nothing, This has nothing, nothing, nothing, nothing to do
with how Amazon is running their business from day to day. Here, Okay,
(40:33):
the point is this. The point is this, If at
the end of that term, I have lost even one
nickel from my initial investment account, my initial principle that
I put up, guess what I get it refunded? And
what does that do?
Speaker 4 (40:48):
Well?
Speaker 3 (40:48):
Number one I've ultimate peace of mind. Right, I can't
lose a nickel. Right, I full exposure to all of
my favorite names, right with a professional team running the body.
Here's the other thing it does. As Michael Brown likes
to say, if the world happened right in markets do
happen to be down, and your portfolio happens to be down,
you get all of your funds back, all of the
funds back, and guess what, As Michael says, the next
(41:12):
move of the chestness, this is the powerful This makes
him so happy. Guys. By definition, if you so choose,
you will be reinvesting in a down market whilst whist
with all of your princess, with all of your principle,
whilst your neighbor waits for things to get better.
Speaker 4 (41:27):
And hopes hopes Now, because what Dan, what is the
stock market? Right? It's a global collection of people's comfort
level with things. Right. If we're all feeling good and
we think it's going to be blue skies, we tend
to be more optimistic, meaning we want the stock market stuff.
(41:50):
If the world is on fire, the global collective might
just get a little bit more nervous, a little bit
more conservative, and maybe not want one hundred percent of
the stock market. Stuff. Well, that is that happening, wouldn't.
I mean, the only time will tell. But there's a
lot of reasons to not be super excited right now.
Speaker 3 (42:12):
Well, and again I'm not being coy, no, no, no.
The point is this, guys, And again, guys, make no mistake.
Because we've been on the phones, We've had so many
discussions with you. You guys understand we are not political
one iyeoda there. What we are though, is we will
talk political, right, we will state the obvious. Right, we
(42:34):
will state the obvious when it comes to your investment
dollars and what to do around that. Now, the point
being is we talked about pillar one, we talked about
pillar two and what you could do there right to
work through this this this world happening. We just talked
about pillar.
Speaker 4 (42:51):
So Dan, if I if I'm thinking about pillar two,
here's one easy way to try to quantify it. What
does it cost every month for me to live? I'm
just gonna make a make up a number five dollars.
Speaker 3 (43:04):
This is great.
Speaker 4 (43:05):
Then we can reverse engineer how much principle is needed
to pay for those fixed Okay, now we've got our
fixed cost set. Now we have our other dollars where
we can go to other pillars. Maybe we want to
be a little bit more risk a. Maybe we want
to be all the growth with no downside in pillar three,
et cetera. But now that I know my rent, my taxes,
(43:29):
my car payment insert cost here. Once I know those
are set, then I move on.
Speaker 3 (43:35):
And and and here's and here's the key, guys. So
Mike just talked about pillar two. We just talked about
pillar three, and what we can do there, you know,
let's add some capital. Let's talk about this right now, right,
what about pillar four? What if I love the NASDAC
(43:55):
where the show we see the baseball bat has been
taken to the knees right with respect to this selloff,
What if I love the NASDAC. What if I have
some money I might want to put to work, and
I might like to take advantage of this, and maybe,
just maybe I might like some protection if my bat
my investment goes sour or in other words, the world
(44:18):
continues to have.
Speaker 4 (44:19):
And just when Dan says the Nasdaq, what we're talking
about is all the high tech guys, right, technology, technology, technology,
technology good. And if you want to talk about these
crazy things like quantum computing. Great, you want to talk
about old school software. Great, all of the above, but.
Speaker 3 (44:37):
This is where the gut punches been in this selloff. Guys.
It's not guys, we're not judging. We're not saying it's right,
we're not saying it's wrong. It is what it is. Yeah,
we're telling you again, not a solicity to buy seller.
Speaker 4 (44:49):
Hold.
Speaker 3 (44:50):
Let's get you up to speed on how you can
enter that area where we've seen this gut bunch. We've
seen this, and maybe get you a little protection underneath.
Don't be naked, guys, that's what is Mike. We got
so much into this show. We loved it, guys. We
love being with you. Thank you for being with us.
Speaker 4 (45:11):
Guys.
Speaker 3 (45:12):
Best way to set your appointment, Best way to grab
your DoD two point oh's best way to grab your
What to do when a loved one dies? White paper,
It's www. Dot Madisonmanagers dot com. Go to the tax
box right now. Let us know what we can get
to you. It's all free and we can't wait to
talk to you in the office. We'll see that
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