Episode Transcript
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Speaker 1 (00:00):
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 (01:19):
James Brown, Papa's got a brand new bag, Ryan, Interesting?
Speaker 4 (01:27):
Interesting, is right?
Speaker 3 (01:29):
Michael Brown? You will always go for a plastic bag
as opposed to a paper bag, as opposed to no bag.
Speaker 4 (01:34):
Right? No, I bring my own, now do you really?
I bring my reusables.
Speaker 5 (01:39):
I'm environmentally conscious. I'm trying to have a smaller carbon footprint.
Speaker 4 (01:44):
Okay, I couldn't even keep.
Speaker 3 (01:46):
It stair, Okay, have me weekend everyone, What a way
to start you started it? I love that welcome aboard
the cruise ship everyone, the planning for a Prosperity Radio
hour cruise ship, Danie plans Can Michael Brown, Managing Director,
Michael Brown, of these Madison Wealth Managers, mister producers. Here,
everyone is here, all big, thank yous guys. You're doing
(02:09):
an absolutely fabulous job. Now, pens at the ready, pens
at the ready. We are going to give you, give
you the famed way to get in touch with us
at Madison www dot Madison managers with an s dot com.
So it's www dot m A d I S O
(02:31):
N M A n A g E R s dot com.
Now this is for the newbies. You're gonna use one
of the clikies. Okay, it'll say ask Dan and Micah questions,
send an appointment, request more information. Anyone will do. Anyone
will do, because when you then get to the clear space,
(02:51):
we'll call it where you'll type in please send me,
please send me, please call me, etcetera, etcetera. Give me
the stuff. That's my favorite, right, give me the stuff.
Just send me the stuff, any of the above. We've
got a bunch of items that are flying and you
guys are the best. And it's a thank you. It's
a thank you. This is why we do this. The beneficisihery.
What would you call it? My beneficiary update beneficiary just
(03:14):
your reviewial review checklist? Yeah, yeah, yeah, beneficiary review checklist.
Let's call it that, Okay, the beneficiary review checklist. I
love that. That is what you guys are requesting. We're
doing a glossy style for you. Some of you wanted
electronic doesn't matter. We can email them. But again we
can mail it out to for free as part of
(03:35):
a bigger package if you'd like. If you just like
the one off, that's totally fine, okay, But we've got
two other white papers that you guys continue to request.
Right that flow along with twenty five docs you need
before you die. Right, it's an extension of that. And
the other is what to do when a loved one dies?
(03:56):
Right our great white paper all it go so far
to go to great white paper an extension of that.
And you've asked for these, so we are just satisfying
your requests. We're satisfying your need with these docs. They
are free. Again. The easiest way to grab them, The
easiest way to let us know is just use the website.
(04:17):
It's www dot Madison managers with an as dot com,
use any of the clickies, click on any one of them,
and then again, just whether you give us your email address,
your phone number, name, address, whatever happens to be, we'll
get them out to you free of charge. I can't
say that enough. Free freight, free free frame.
Speaker 4 (04:35):
And Madison Nation. I did not share this with Dan yet.
Speaker 3 (04:39):
Oh boy.
Speaker 5 (04:40):
We've talked over the last couple of weeks about mistakes
being made occurring, whatever you want to call it.
Speaker 4 (04:47):
Yeah, with beneficiaryforms.
Speaker 5 (04:50):
Sure, and we should all know that the beneficiaryforms on
retirement accounts, life insurance annuities, that Trump's and anything in
your will.
Speaker 3 (05:01):
Okay, say that again for us, Mike, say it again.
Speaker 5 (05:04):
The Supreme Court ruled on this fifteen years ago. Your
beneficiary designation forms are more powerful than your will. That's
just the bottom line, can we So let's make sure
they're correct. And here's why, Dan, Yeah, a friend of
mine listens to the show Local and works for one
of the very very large global conglomerates that has some
(05:28):
space in our backyard. And this said company has split
themselves up into different pieces, different disciplines, and there's been
a lot of confusion from an HR standpoint, and nobody
really knows what's happening yet. So he gets nervous. He
(05:49):
checks his beneficiary forms. They were wiped clean. Everybody was gone.
Speaker 3 (05:55):
The old data transfer.
Speaker 4 (05:57):
Why does it never work?
Speaker 3 (05:59):
The old.
Speaker 5 (06:02):
This is not rocket science, right, as my kids say,
rocket surgery. But what if he didn't check? How many
other thousands of people haven't checked? And they could all
pardon my French, everybody with no beneficiary designated it becomes
your estate, which means it's all taxable immediately, and then.
Speaker 4 (06:27):
You're screwed.
Speaker 3 (06:28):
No blano, right, no blano.
Speaker 4 (06:30):
The worst thing that.
Speaker 5 (06:31):
Could possibly happen, you know, because we've talked about this before, Dan, Right,
you pay your federal tax, state tax, and depending on
the amount that's in the i RA, you could your heirs,
whoever your loved ones are, could get stuck in that
net investment income tax penalty box. At the same time,
(06:51):
you're talking about fifty cents of a dollar's gone. Yeah,
it took you decades, a lifetime to save this money
and it could all be basically all in from you
in the blink of an eye with these kind of mistakes.
Speaker 3 (07:03):
Guys, And we're not out there, and you know, you
know us, we bad mouth know one. We we don't
play that game. We let our works speak for itself.
We don't play that game. However, it's a big However
we will bad mouth won eight hundred numbers. Okay, these
are disgusting and and well.
Speaker 5 (07:16):
That's where he had to go because there was no
there's no more on site.
Speaker 4 (07:21):
HRP no, no, no.
Speaker 3 (07:22):
We had been centralized. We had two this week, we
had two this week where clients were simply trying to
access their own funds. They were simply trying to access
their own funds through their employer plans. Okay, and these
(07:42):
one happened to be at our all time favorite. And
we say that facetiously knowing the funds were never going
to come out. They're just not they're they're just not
going to come out. And she actually gave up.
Speaker 5 (07:53):
And that's that's that's why it's it's engineered like everyone correct,
and then keep you on hold for thirty minutes, correct,
bop your around to a couple of departments. Gave up,
and then all of a sudden someone doesn't speak English.
Speaker 4 (08:07):
This is not by coincidence.
Speaker 3 (08:09):
No, and then there's no path. That's the key. There's
no path to getting your funds. There's no hey, send
me five thousand dollars. Oh no, no, oh no, doesn't work.
That doesn't work that way. The point is she literally
gave up. Okay, that's what they want. They won, Okay,
they won that exchange. The other exchange went through a
(08:31):
self service portal. The one eight hundred led to the
self service portal, which now, now this is this is
the good part. So this is your own money. Okay,
think about this, Miake. This is your own money. Right,
you're above fifty nine and a half. You're entitled to
all of the whatever you like, right, Mike, Mike Wing Mike,
it's gonna be signed off by not one individual, but two.
(08:53):
No one knows who these people are.
Speaker 4 (08:55):
They're the Wink Wink planned administrators.
Speaker 3 (08:57):
No what else who they.
Speaker 4 (08:59):
Are or where they are. That's the other part or
how to get and from.
Speaker 3 (09:05):
In today's day and age, especially with the solutions that
we could talk to about. Please do not have if
you are again, if you are of a certain age,
you're eligible to roll moneyes, make your own decisions. Come
work with us at Madison, Guys, please do not have
the blueberry cupcake portfolio at one of these far off
(09:27):
da in Thailand. As as Mike Brown says, no blaino.
And it's this simple, guys, it's it can be this simple,
and it can be that discouraging in that you are
literally looking for five thousand dollars, ten thousand dollars, whatever
it happens.
Speaker 5 (09:45):
It's like you're searching for a needle in a stack
of needles of your own money.
Speaker 3 (09:49):
Your money. We're not talking about matching funds. We're talking
about your own money. It's disturbing, it really got its depressing.
Just had to bring it up because if there's any
reason forget the education, forget this, forget what we're bringing
you from an investment side, just let us be a
representatives guys, get get rid of all of all of
(10:12):
these headaches. Going to break www dot Madison Managers dot
com again, use on the clicking boxes. We'll get you
that beneficiary white paper, beneficiary review white paper out to
it is hot, hot hot, Let's keep it up. We'll
see it right back.
Speaker 2 (10:30):
You are about to experience the planning for prosperity show
A three two.
Speaker 3 (10:43):
Rod forever. Young Ron Stewart in good song. I think
he's on tourist. He did I hear that?
Speaker 4 (10:55):
What is he a vampire? How old is he?
Speaker 5 (10:57):
Oh?
Speaker 3 (10:58):
That's what I was thinking.
Speaker 4 (10:59):
He's got to be eighty right?
Speaker 3 (11:01):
Yeah, Happy weekend everyone, Daniel Bolanski, Michael Brown, Managing director,
Michael Brown. Welcome aboard this cruise ship, the bestest cruise ship,
the swankest cruise ship, the fastest, the best food, the
best because we're in the haven. The best food and
beverage when you're in the haven. When you're in the
safe haven, you have the best food and beverage. Why
(11:23):
go anywhere else, guys, I'm gonna bring something up again.
Get the pens ready, okay, if you don't mind, grab
a pen or pencil if you like that. Www Dot
Madison M A d I S O N Managers dot com.
Www Dot m A d I S O N M
A N A g E r s dot com. Clickie
(11:44):
clickie button. You're gonna use one of those clickies. It's
gonna say as Stan and Mike request more information, ceenter point,
whatever it's it, just click on it, guys. Give us
the best way that we can get you free stuff, okay,
because that's really free educational materials, you guys. A for
these we produce them. We manufacture right here in the
(12:04):
USI right, manufacturing right here in the USA. Take it
right off the assembly line, right right right right, and
and and if you you know again, if you need
express shipment, we support US located careers, right, Mike.
Speaker 4 (12:22):
I mean, let's let's walk the express back.
Speaker 3 (12:25):
Well, listen, sometimes you need something quickly and we we
support you know, they're all US based, you know. So
the point the point is that it's very patriotic, guys,
it's very patriotic. Request your copies again, Beneficiary review, Beneficiary review.
White paper is just flying. It's flying all.
Speaker 5 (12:43):
Because people are now starting to look and they're saying,
what is going on here?
Speaker 3 (12:49):
Yeah, I'm going to bring something up now and this
is going to go. I'm going to dive right into something.
And and you guys who are regular listeners, you know,
if there's one pillar, especially ac now waist whist, we
can still take advantage of the Federal Reserve keeping short
term rates elevated shall we say elevation elevated relative to
(13:16):
the last twenty years in sanity. I don't want to
say recent timeline because twenty years is not recent. But again,
if you want to take advantage and you want to
ultimately have something in your TOOLCIT right that can provide
you a pension stream of income, guys, there's no again,
I'm gonna lay it out there in my opinion, our opinion.
(13:36):
We're allowed to have opinions. You want us to have opinions,
at least put it in your TOOLCIT because what this
is doing, it's going to allow you to provide yourself
with a pension stream of income that is again invested
right with again some of the most nameworthy right asset
(13:58):
managers that you can pop possibly fined.
Speaker 4 (14:01):
Right, everybody knows the name.
Speaker 3 (14:02):
Everybody knows the names. No one's going to say a
negative thing about them.
Speaker 4 (14:06):
Well other than they're not our friends.
Speaker 5 (14:09):
Right, but by our tools to be used in the
toolbox exactly.
Speaker 3 (14:13):
But the point is this, we can be growthy with
your money. You're gonna get a pension stream that again
because rates are elevated, right, you're gonna be able to
capture this at what we call market and or cycle highs, right,
meaning of the last twenty years. Okay, each year you
don't touch the funds, you're going to get growth on
(14:34):
your guaranteed pension dollar that is also at or near
market and cycle highs. So again, highest is the highest, guys,
there's no debating, there's no better. Okay. The point is this,
put it in your tool kit at least because I'm
gonna tell you this, at some point in time, this
is going to be your best friend relative to what
(14:57):
goes on in the world of inflation, okay, because everyone
does this, Okay, and we're seeing more and more and
more of this right. As prices went crazy on everything right,
more and more, you may retire right and think you
got it covered right in the Blueberry portfolio, right, and
then you start looking around and you start saying, well, well,
(15:18):
wait a minute, Mike. Whatever you wanted to take, whether
it was four percent, five percent, whatever number you thought
you were comfy with, right, you're looking around. You said, well,
wait a minute, this isn't buying what it was buying
even two three years ago.
Speaker 4 (15:33):
And that's a problem. But everyone has to realize.
Speaker 5 (15:38):
Whatever economist is out there saying, ah, inflation is now muted,
and that's great, but prices don't come down. They just
stopped going up as much. So if it was I'm
gonna insert name here, if it cost me one thousand
dollars a month DAN to live five years ago, it's
(16:01):
now what twelve thirteen hundred bucks?
Speaker 4 (16:04):
Is that fair?
Speaker 3 (16:05):
Very fair?
Speaker 4 (16:05):
Okay?
Speaker 5 (16:07):
But if I don't have any protection a on my
principle or b on income to take care of these
inflated prices that are never coming down again, you're never
going to see the prices of oreos where they were
five years ago. They don't have to bring him down.
So it's a reality. And I don't think people take
(16:29):
into account of Dan what they're going to do about
healthcare costs.
Speaker 3 (16:35):
Oh oh, those conversations.
Speaker 4 (16:38):
Think about that.
Speaker 5 (16:39):
You say, well, at sixty five, you know I can
go on the government system.
Speaker 4 (16:43):
Great, and that's great. Yep, it's not going to cover everything.
Speaker 3 (16:46):
I was gonna say, you have to supplement it, right, Yeah.
Speaker 4 (16:49):
And everybody, maybe you don't know.
Speaker 5 (16:51):
Bill Bradkey does all of our post retirement healthcare analysis.
He's our guy and a super sharp If you are
in that one two year outrange of when you're going
to retire and you haven't really had that discussion about
what healthcare is going to cost.
Speaker 3 (17:11):
You call us yesterday. Yeah, call us yesterday. And here's
the thing. Here's been our best inflation fighter, Mike. And
I'll say this, this is for Madison Nation. And we've
had so many of these conversations, and you guys, you've
taken advantage. You've been very active over the last two years.
I'd say this is going on for about two years, Mike,
maybe a little bit longer than two years, where we've
(17:33):
really been able to lock in these high rates, right,
what we call artificially high rates, right, lock these rates
in right, that are good for your lifetime, guys, good
for your lifetime. Okay, here's the point. You guys, need
a little bit more cash. Guess what we turn it on.
Speaker 4 (17:49):
That's what it's there for.
Speaker 3 (17:50):
What what do you do at the big box supercenter bank?
Right when you got the chief investmental officers portfolio? This
we kid about this, guys, but this is SI. That's
a real sick you've seen. We've seen so many of these.
It's sick. What do you do if you need if
you need a little.
Speaker 4 (18:04):
Bit more, well, you hope the market doesn't go down.
Speaker 3 (18:07):
Do you know what you do?
Speaker 4 (18:08):
Because then you're wipe down.
Speaker 3 (18:09):
You know what you do? You start taking a bigger percentage. Yeah, right,
you start taking a bigger.
Speaker 4 (18:13):
P the math starts working really poorly.
Speaker 3 (18:15):
And guess what the Blueberry portfolio is not designed to
do that take that kind of stress, take one hundred percent, Michael.
It is not designed to take that type of stress exactly.
So guys, please please, I don't know if the Fed
cuts next week. I doubt it. I don't know if Again,
(18:36):
if you're asking me, should they yes, the answer is yes.
But will they? I don't know.
Speaker 5 (18:40):
There's a lot of other distractions going on right now,
absolutely which which no one's talking about. The FED and
drome power. The narrative has shifted quickly and violently.
Speaker 3 (18:53):
No one can keep track of any of this, Mike,
you know, embassies close, no one can keep track of
any of this. But here's the point, guys, Please just
get the account open, Get the account open, and we
can decide down the road. Hey, maybe we want to
fund this with X. Maybe I want to guarantee that
(19:14):
I have X amount each year. Right, we can solve
for X, right, But at least, guys, please act. That's
all that we can say, because there's nothing that makes
us happier than when we can have a conversation with
you and you say, you know what, Dan, you know,
the reality is it's costing more, whether it's again, whether
(19:34):
it's to your point, Mike, health insurance, whether it's auto insurance,
whether it's bananas, okay, the abum. And we say, well,
we happen to have the wation wide Right, the Wation
wide right income income vehicle that we can turn on
whenever you choose you in the sweet spot. Now, miss Jones,
(19:57):
are you ready? I think I am Dan.
Speaker 5 (20:00):
I like when someone comes in Dan and says, I've
been honest with myself and hear what my monthly fixed
costs are. I want those covered and I want the
ability for that income to increase as my cost living increases.
Speaker 4 (20:19):
I write my fixed costs like that.
Speaker 3 (20:22):
We don't say that enough, Mike, because when we're the
tools that we're talking about, guys, when we're talking about
these income tools for you, you can get a raise and
in some instances with a certain provider that we utilize, Okay,
you can get a raised, not in one form of fashion,
not in two, but three different ways. Beat that mic,
(20:43):
beat that you can get it. I was just gonna say,
you got any ideas when you're sitting down with the
bankrap and this is no disrespect to the bankrupt. They
are told to push a product in your direction. That's
what it is. There's not come on, let's sit down,
let's custom off.
Speaker 4 (21:03):
They don't have a choice.
Speaker 3 (21:05):
That's what it is, guys. Because we've been there, we've
lived in it, we've lived it, guys, we do it.
Let us show you a better way and speaking, which
it all starts with education. This shop here, it's first, second, third, fourth, fifth,
education all across the board. Then we decide on your
portfolio strategy. Here's the best way to get yourself started
(21:26):
www dot Madison Managers dot com. Head on out there
right now. I think that's the best way. Guys, Use
your phone whatever that is, use your padlet or tablet whatever,
bad lit whatever that is, and just click on it
and again let us know what we can get out
to you, or just say, give me your most recent stuff.
I think that's let me start with something. Let's start
with stuff exactly exactly right. We'll get it straight out
and it's free, free, free, free, free. We'll see right back.
Speaker 2 (21:52):
You are about to experience the planning for Prosperity show
in three two. Here.
Speaker 3 (22:04):
This is one of your group.
Speaker 4 (22:08):
I know it is.
Speaker 3 (22:11):
Kind of like this Michael Brown Daniel landscape.
Speaker 4 (22:14):
You're not Brascal Flats.
Speaker 3 (22:17):
I should have known that.
Speaker 4 (22:19):
It's almost like Breaks and Stratton Flats.
Speaker 3 (22:24):
Interesting. Happy weekend everyone. I have no idea what the
theme is. I really don't. Did we challenge mister producer?
You were actually called out, I believe because you were
called out by a great client, great friend of ours.
We talked about her off and miss Mary, who's just
recently moved and oh, by the way, we brought this
up on these airs, and she said, it's totally fine
to bring her up on these airs. She has the
(22:46):
super duper she acted very quickly. Right, remember when we
had the super duper income vehicle right came to market.
There essentially was a lost leader for the company to
a rated insure who just wanted to get their flag
in the ground and that in that area and now did.
And the best part is the best part is she's
played it like a champion. Okay, not only has she
(23:07):
added over time, she's allowed time to work for her
right in markets, right in markets. And also when markets
didn't do so well, she got that guaranteed bump up
right unpension dollars and guess what wait, maybe turning it on.
So Mary is a thing, Mary, That's what it's. There's
one hundred and twenty percent you'd like to say, Mike.
Speaker 5 (23:28):
B I understand money is a very very personal thing.
It goes against most people's personality to talk about money openly,
and I think that can leave people with some blind spots. Yeah,
just not having the comfort level to do so right.
People are also not honest with themselves about what their
(23:50):
expenses really are.
Speaker 3 (23:52):
We deal with it all the time, and it's a
sad it's a sad part of our business, Mike, But
I think myself, okay, and listen, we all, no matter
what industry you're in, right, there are certain areas where
you can foresee problems if you will and listen very
carefully to what I'm saying here. Everyone, whatever you do,
(24:14):
there's something in your line of business where you're like, yeah,
that could become an issue, right, and in our line
of work, without question, without question, especially if you're a
real planner like we are. Right, you work with people
one on one, you care, right, you care, you have
(24:34):
contact with them. I know this is strange to some
of you listening. You don't know what we're talking about,
but again, you have contact with people you actually care.
The number one, number one freight train of a problem
out there is simply the overspenders. It's and it's not close.
There's not a close second. And the problem is is, Mike,
(24:57):
we're as good I will say this, and listen, we're
allowed to have opinions, we're allowed to say as we feel.
We're as good as anyone could possibly be doing this Okay,
it's that simple because again, not only do we have
the aptitude, we have the education, right, we bring the
(25:19):
best of the best, but we work for you. We
work it, okay, and and what that does. Listen, here's
the point, guys. We can be the best in the world,
the best of the best. Guys. If you spend too much,
you spend too much. There's nothing there there, There is
no there is no magic bullet.
Speaker 5 (25:40):
And sometimes folks don't like to hear that from us.
Speaker 3 (25:43):
Oh no, no, it's our fault.
Speaker 4 (25:44):
But it's our job to be brutally honest when it calls.
Speaker 3 (25:48):
For absolutely So. I think the point is this, I
think where I'm going with this, mic is to your
point is there is a way to plan, right if
you think you're going to potentially need extra dollars down
the road, right, who isn't you think, Hey, I may like,
(26:16):
you know, my husband may like a stream of income
at some point in time because you know, maybe that
rental property is going to need a new roof and
we don't want to deal with that anymore. Maybe GNA, gnna, guys.
What we're talking about is put the items in the toolkit,
your toolkit meaning your investment toolkit and give yourself a
fighting chance. Right, we're again no silver bullets, right, we
(26:38):
all understand that. Right if if you're someone if what
do they call it, Mike Champagne, if you're.
Speaker 4 (26:43):
A Champagne pas.
Speaker 3 (26:46):
Cavard dreams on a Budweiser budget right on about right.
We can't cash that ticket, guy said that ticket. That
ticket can't be cashed. But if you're within the realm
of getting somewhere right to where you want to be,
and you're kind of having conversations around a Blueberry portfolio
and maybes and hypothetically, and you know, to Mike historically
(27:09):
historically and how the intermediate term bond fund's going to
solve all your problems, you had to go there, Guys.
I'm just saying, there's a reason why there's a company.
They're the largest asset manager in the world. Like them
or not. It rhymes with wat Rock. Okay, wat Rock.
We did. We did basically an expose a on this, right,
(27:31):
Mike for a full hour. There's a reason why there's
very heavy whispers out there that they're trying to get
into the guaranteed income business. Will they will because they're
getting their butts kicked because when it's apples to apples,
the conversations guys, the conversations that we have with you
and you guys who are on the cruise ship. Parready
(27:52):
you're nodding your heads. It always starts out with the numbers, right,
the sheer numbers that are the crushers, right, these are
the crushers. Where again, if even if I want to
be blueberry boy, I love I'm blueberry boy, I love
the Blueberry portfolio. I want it so badly. I can
be that. But I can put amongst the richest withdrawal
(28:14):
benefits of the last twenty years around it. The question
is why would I not? And there's no real answer
for that, right, there's no there's no compelling answer other
than other than I like my bankrap or whatever.
Speaker 4 (28:27):
It is, or it's convenient.
Speaker 3 (28:31):
That's it. But the point is this, It always starts
with the crusher numbers, right, But it always delves down
and what I've been finding, and Mike Brown's been fighting,
the team's been finding a lot of you have been
wanting to discuss some things that are really in the
weeds with respect to death benefits, right, what we call
(28:54):
full death benefits. Amen, Eh, and that's where you start
to realize, well, wait a.
Speaker 4 (29:00):
Minute, wait, this is much better than I thought.
Speaker 3 (29:03):
I'm investing. You nailed it. I'm investing in what is
truly a slution, right, Mike, this is a solution. This
is not well, Hey, this guy just showed me that
this portfolio is up seven percent of the last three
and a half years, and that probably gets it done
for me. But I don't know. You know, he doesn't
(29:26):
know either. There's no what we call defined outcome invested.
There is no defined outcome. I mean, they can fip
to you, they can tell you whatever they want to
tell you. But the point is, guys, once we really
get underneath the vehicle and start talking to the chassis,
right we like to call the chassis the engine, the
breaks all of the above, right transmission, that's when you
(29:47):
realize I got something good here.
Speaker 5 (29:49):
Oh now you can see the light bulb go off
saying I should have done this five years.
Speaker 3 (29:56):
And that's guys, that's the and that's okay, But don't guy.
And this is why, specifically with respect to my beloved
Pillar two, when we talk about guaranteed withdrawal for life,
guaranteed income for life, personal pension, whatever you guys want
to call it, whatever you want to call it, Okay, please,
why on earth hypothetic? Again, let's call it hypothetical. Okay,
(30:16):
let's play hypothetical. Not a solicitor as buyseller. Hold you
guys know this. If I can take advantage of a
seven percent guaranteed withdraw rate in retirement right now, okay,
right now, and I can invest my money in a
growth model that's managed by a company that rhymes with
Woodman Max, okay, and I get all the bells and whistles,
(30:39):
why do I want to wait for that same vehicle,
the same vehicle, to guarantee me six percent. It's not
a trick question, guys, it's not a trick question. What's
going to happen? We've done this. We're living it right now, guys,
we're living it right now. Many, many, many of these
vehicles have now dropped down to, again, hypothetically, the six
(31:02):
percent range, the five percent range. And that's all fine
and dandy. But again, in the real world, six is
and seven and seven isn't eight? Right, let's all agree
on that, right, Why would I wait? Why don't please, guys,
don't let that? What do you call it, Mike inactivity,
(31:23):
don't do whatever, don't let.
Speaker 5 (31:25):
I mean the paths of least resistance wins in most scenarios, right,
and the paths of least resistances.
Speaker 4 (31:33):
I'm just hoping the market bails me out. But I'm busy.
Speaker 3 (31:38):
But how is that even? It doesn't even make any sense.
Speaker 5 (31:41):
Don't you realize that Wall Street has sold more dreams
than Disney and people have more blind blind faith in
the stock market.
Speaker 4 (31:52):
They it blows me away.
Speaker 3 (31:54):
Wall Street created an era of life known as retirement.
They created we have pictures of boats, and you're the beach.
Harry and Sally are on the beach.
Speaker 4 (32:05):
Of course, boats they biking.
Speaker 3 (32:08):
The best looking seventy five year olds you've ever seen
are in all of those the best looking seventy five
year olds. Guys. It's shnany's it's it's it's, it's, it's
it's all. It's a fugazi, guys. It's a fugazi, right,
I thought it was for ghezy Fugazi for gazy guys.
Let us come in. If your growth, if you want
(32:30):
to be growth, we can show you how you can
be growth. And literally in today's date eight, today's date,
age you're gonna find this hard to believe. Guarantee that
you don't lose a nickel at the end of the term. Okay,
that's you heard that, cras, that's nice. That's nice. We
can also if you again, if you're like ninety percent
(32:50):
of us, and you're gonna have to eat right at
some point in the future, you're gonna have to eat right.
You're gonna have to eat when maybe you're not working
as much or you're not working at all, You're gonna
have to eat right. Let us show you a guaranteed
income vehicle that again you're still able to capture adder
near twenty year highs on your guaranteed with you all
(33:12):
these are rich. This is real, guys. Let's not again,
let's not talk for gaysy. Let's not talk about emerging
market bond funds and how that's turning. I saw Mike.
I nearly coughed up my throat. I saw some h
can't even get into this, guys, throw away the emerging
market bond fund Please throw away that pamphlet. The easiest
(33:34):
way to do it www dot Madisonmanagers dot com. Jump
on board. Let us start by educating. We start by
white papers having a brief conversation again. Whatever it is,
let us know. We'll get you just I want the
free Stuff's the easiest way to do it, Madison Managers
dot Com. Click on the clickies, We'll be right back.
We gotta find out what this theme is too, great job,
(33:55):
mister producer.
Speaker 2 (33:59):
You I wull to experience with the planning for prosperity
show three two? Who cheer?
Speaker 3 (34:09):
Oh man?
Speaker 4 (34:11):
Zach? Who is this?
Speaker 3 (34:14):
Uses?
Speaker 4 (34:14):
Zach on his head?
Speaker 3 (34:18):
How would you listen? No one's ever heard this, and
no one's heard this in their life. I'll go on
record Dan Polanski, I, Daniel Polanski. Michael Brown's here, Managing director,
Michael Brown, Madison Wealth Managers, welcome overover the cruise ship
planning for a prosperity way to our cruise ship. I
will go on record as saying, no one listening right
now has ever heard that song before?
Speaker 4 (34:36):
Oh oh, I disagree.
Speaker 3 (34:38):
We all know, Zach Brownman that the Kentucky Chicken song,
which used to be a good song until it was
played three trillion times, including on these airs, three trillion
times over no one's how could you listen to that song?
That's so exciting?
Speaker 4 (34:52):
I celebrate this entire catalog.
Speaker 3 (34:55):
It sounds so depressing. You know what that's like. That's
like sitting by a pond. That smells right. It's raining, right,
just not heavy rain either, just that light bothersome rain.
You're in, you're in the slicker, You're in the slicker.
The campfire, it's not even a fire anymore. The embers,
the embers are like slowly that smoke, that big chunky smoke.
(35:18):
And you know what you pull off? You pull off
that that, you pull off those embers, that lukewarm, cold
in the center, cold in the center, corn king hot talk,
and you forgot the condiments. So you're just eating. It's
nice and cold in the center, and you're playing that
song that that would be it for most of us.
Speaker 4 (35:37):
That's everything I wanted to.
Speaker 3 (35:40):
Michael has the widest smile on his face and he's
ready to go. That is the most disturbed. I apologize.
I apologize. Happy Father's Day, though, everybody, that's the happy
Father's day. Guys. If you'll put it this way, if
you are a father, you know a father obviously right
you're listening, you know a father. I can think of no.
And again, this is all in all sincerity. I can
(36:02):
think of no better Father's Day gift that will cost
you nothing. Let us pick up the tap right, let's
get you. If you don't have the d D two
point zero, that's I mean, that's you need it right now,
you need Okay, let us get you the do D
two point zero. Let us get your three most recent
white papers.
Speaker 5 (36:20):
Which all designed and going deeper on the thre most
important topics.
Speaker 6 (36:25):
You will see that. Your dad will see that. As
he goes through, you'll see how it all connects. Guys,
just assume a solid dude, do do dad a solid
Get him away from the Blueberry portfolio. Get him away
from the quarterly reporting that almost some of hos.
Speaker 3 (36:42):
Are so good. Get him, get him away. He doesn't
want to see the Magenta anymore, he trust me. He doesn't.
He doesn't want to see the.
Speaker 4 (36:47):
Because he's seen the movie too many times.
Speaker 3 (36:49):
What he wants being let down.
Speaker 4 (36:51):
By Wall Street.
Speaker 3 (36:52):
What he actually wants to see on his quarterly report,
the amazing thing. We've got this pillar right, We have
a pillar right, we call it, we call it Pillar two.
We're on your quarter of the report. It shows what
your guaranteed pinched Incub's gonna.
Speaker 4 (37:05):
Be worst case forever, worst.
Speaker 3 (37:07):
Case, worst case, based on what do you want to
start taking that actual excite Dad, That will excite Dad.
The magenta and the movement from the as Michael Brown
likes to call the sub atomic Emerging Market Bond Fund
to the plutonium grade right plutonium grade Emerging Market Bond Fund.
And by the way, we're gonna be moving out of
(37:29):
the Europacific region and we're gonna transition those funds towards
the Far East, but islands, Far East islands, not mainland China.
Speaker 4 (37:37):
We're gonna called frontier.
Speaker 3 (37:39):
It's a frontier. We're gonna go absolutely frontier.
Speaker 4 (37:42):
What they just made that one up to. You're absolutely
frontier market that's emerging.
Speaker 3 (37:48):
And that's gonna help you. It's gonna help that, guys.
We're gonna help Dad. Okay, let's keep it super simple.
I think it's a great thing to do, guys. And again,
I if this weren't our business, I would say this
is a great thing today.
Speaker 5 (38:00):
And we haven't talked about this in a while, Dan,
As we said, money is very personal and if you
were from my father's generation, you didn't talk about money, right,
that was taboo.
Speaker 4 (38:12):
We don't we don't talk about at all.
Speaker 5 (38:14):
Nor did we talk about having our will written, our
healthcare directive written, or power of attorney written.
Speaker 4 (38:21):
Those things just didn't happen.
Speaker 5 (38:24):
If I had these things right, the d O D,
the new White papers, and.
Speaker 4 (38:29):
We can call it whatever you want.
Speaker 5 (38:31):
You want, a conversation opener, a wedge, a third party
perfect where maybe you can start, even if it's in
a very gentle, slow manner, having the conversation to make
sure has done the right things with the money right.
And I'm not saying you need to you need to
peak under the covers, But are the beneficiaries in place?
Speaker 4 (38:53):
Are the legal documents in place? Have they? Have they
been reviewed and updated in quite some time?
Speaker 1 (38:57):
What?
Speaker 5 (38:58):
What is after tax money? What is pre text money?
Who's gonna get what? And how much? And what?
Speaker 4 (39:03):
Now?
Speaker 5 (39:03):
You're never gonna be that direct I get it. These
are conversation starters. You're eating with those who don't want
to talk about it.
Speaker 3 (39:09):
Ye yeah, I saw you know, and Mike and again, guys,
here's the way to do it. And I'll do this twice.
Www dot Madison Managers dot com For those that like
get spelled out, It's www dot m A D I
S O N M A N A G E R
S dot com. Use the clickies, okay, it'll say, ask
a question, get more information, set unemployment. Any of them
(39:31):
are equally as good. Just click on any one of them.
Give us your information, and how we get these to you,
for dad, for whatever, for a loved one, for yourself. Okay,
there's no limit. Mike hates it when some of you
guys get four or five. I love it, Okay, it
makes me happy. That gives whereas the cold corn king
hot dog with no condiments gives Mike brownjoy. It gives
(39:53):
me joy when you guys request four five.
Speaker 5 (39:55):
I can only afford get the hot dogs because you
give so many of these away.
Speaker 3 (39:59):
I love it, guys. That's the way to do That's
the way to do it. And again, just just do it.
Today it's Father's Day. Let's give let's give Dad a
real gift. And then, like I said, then.
Speaker 4 (40:08):
We can go because you know what, he doesn't need
any more of ties.
Speaker 3 (40:12):
He doesn't need ties, and he doesn't listen, Mike, I
saw something and again, and you know, you guys know
how we feel about traditional financial media. You know, you know,
in ninety nine percent of it's now pay to play.
You can't listen to these but they're they're again they're
kidding to be like model like like you look at
some of these women and some of these men, like
it's like like straight out of Central Camp.
Speaker 5 (40:33):
They're using terminology that they couldn't explain if I had
a gun to their head.
Speaker 3 (40:38):
Oh, if you put the pressers on.
Speaker 4 (40:40):
For they will crumble like certain politicians.
Speaker 3 (40:44):
Or get it. Now, here's what I saw this week.
I said, this was again, this was that again. I believe,
I believe they would probably be the most name recognized bank,
super bank bank store out there. Now I heard one
of their private client strategists. Okay, I saw this in
my own eyes. There. Now we're getting into likes and dislikes.
(41:07):
Like you like chocolate, I like vanilla. The likes is
not joke. Bike The likes and this was this past week.
The likes were ready for this. Financials, technology industrials.
Speaker 4 (41:20):
Every couple of corners the same.
Speaker 3 (41:22):
Utility, utilities, small caps, mid caps, fixed income, you wish, treasuries, goal.
Speaker 4 (41:28):
Is there anything they didn't like?
Speaker 3 (41:30):
You got it, Mike. Now here's the point, guys, Let's
cut the crap. Okay, let's let's cut the crap, because
if you like all of that, it means you have
no direction, right, you.
Speaker 4 (41:39):
Know, strategy They just described the blueberry part absolutely.
Speaker 3 (41:42):
But here's the point.
Speaker 4 (41:43):
Here's the point.
Speaker 3 (41:44):
If you like all of that, come talk to us
and we'll teach you how to elevate that and put
protections around all of those likes, right, because we can
deliver on whatever you like. And we do a little
segment and you know who you are because you're gonna
call me like you always do each week. You're gonna
call me and you're gonna you're gonna mock us, and
you you say you love the segment where I talk
(42:06):
about how I'm I'm s and p Man and Michael
and Michaels and the X Man meaning Nasdaq one hundred.
But here's the thing, guys, we're not giving Michael enough
Pillar four play these last few weeks, and we're gonna
we're gonna give him some Pillar four uh play next week,
good Lord willing. Because the issue is this, and we
talked about this right before the show this week. So
(42:28):
many of you are starting to ask the right questions, right,
You're starting to ask the right questions because you're listening
and it's sinking in and you say, well, wait a minute,
my son, he's forty years old. He's built up a
roth or, he's built up a traditional iry. He's got
this old, you know, old plan, and you know he
wants he wants to be aggressive with his mane. He
(42:49):
just doesn't want what you guys call the flat tires
ding ding ding ding. Now we've talked about this and
now we're having very serious discussions with some of you
how to implement this within your portfolio where you can
be what we call NDAX. Guys. It's just a symbol
for the Nasdaq one hundred, the one hundred largest companies
in the Nasdaq. You not all of the Nasdaq, just
(43:11):
the one hundred largest.
Speaker 4 (43:13):
And you're gonna know you.
Speaker 3 (43:14):
Have every single one of them, you know, every single
one of them. So in terms of in terms of
aggression and again being aggressive within the markets, if I'm
one hundred percent DX, I'm up there, right, I'm up
there again. It doesn't mean you're ten out of ten,
but you're up there.
Speaker 4 (43:30):
Okay, yeah you're yeah, there's some gas.
Speaker 3 (43:33):
We can show you literally how you can be NDX
man Nasdaq one hundred man NASDAQ one hundred woman. In
other words, you're playing, you're in the sandbox. You own
but bapa butt if you if you don't want to
have the down twenty seven percent year like they had
(43:56):
in twenty twenty two, you don't have to have it.
Speaker 4 (43:58):
Don't have to.
Speaker 3 (44:00):
Well wait a minute, how can I be How can
I be DX girl? How can I be NAZAQ one
hundred girl and avoid the down twenty seven percent year?
Oh that's how what Dan and Mike are talking about.
That's how right, that's what dad just invested in. Right,
that's what dad just invested in. I got to talk
(44:20):
to these guys. Guys. We're seeing more and more of this,
and you know why I love it because there is
someone apparently and it's again just someone apparently told one
of our one of our friends, and you're one of
these local guys. You got some show, don't We don't
listen to anybody. Local guy. You've got some show.
Speaker 4 (44:39):
I don't even listen.
Speaker 3 (44:39):
No, no, no, Well, but here's the point. Here's the point.
Here's the point. You literally told someone that they were
too young for protections. Do you know what fundamentally dumb
that is?
Speaker 5 (44:52):
Well, because it doesn't go along with what that person
is allowed to sell to investors.
Speaker 3 (44:59):
Mike, think about this. If you could go back twenty
years and be one hundred percent Nasdaq one hundred, you
could be one hundred percent Nazak one hundred.
Speaker 4 (45:08):
Now you're gonna make me cry.
Speaker 3 (45:09):
We eliminate, literally, eliminate the twenty percent down years, the
twenty five percent down years, and yeah, maybe you'll give
up some on the top and the really boom heres.
That's fine, that's part of the game. You're done, guys,
You're done. There's no The only conversation you're having is
how we can get income out of your portfolio to
send it to you whilst you're at the lake, the beach,
(45:30):
whatever you want to do. You're done. If you had
that availability twenty five years ago, now, it wasn't available.
Speaker 4 (45:36):
It wasn't it was it was it was only to
the hyper wealthy.
Speaker 3 (45:39):
The hyper wealthy. It's here now. You've had a never
ever listen to the stupidity that you're too young to
have protections. It is abject stupidity. Happy Father's Day. We
had a blast, guys, hope you had a blast. And
let's get you in the office. Let's let's get the
information to you. Let's get it started that way. Let's
educate www dot madisonmanagers dot com. We'll talk to you
(46:02):
in the office
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
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Speaker 2 (01:04):
You are about to experience the Planning for Prosperity Show
three two.
Speaker 3 (01:19):
James Brown, Papa's got a brand new bag, Ryan, Interesting?
Speaker 4 (01:27):
Interesting, is right?
Speaker 3 (01:29):
Michael Brown? You will always go for a plastic bag
as opposed to a paper bag, as opposed to no bag.
Speaker 4 (01:34):
Right? No, I bring my own, now do you really?
I bring my reusables.
Speaker 5 (01:39):
I'm environmentally conscious. I'm trying to have a smaller carbon footprint.
Speaker 4 (01:44):
Okay, I couldn't even keep.
Speaker 3 (01:46):
It stair, Okay, have me weekend everyone, What a way
to start you started it? I love that welcome aboard
the cruise ship everyone, the planning for a Prosperity Radio
hour cruise ship, Danie plans Can Michael Brown, Managing Director,
Michael Brown, of these Madison Wealth Managers, mister producers. Here,
everyone is here, all big, thank yous guys. You're doing
(02:09):
an absolutely fabulous job. Now, pens at the ready, pens
at the ready. We are going to give you, give
you the famed way to get in touch with us
at Madison www dot Madison managers with an s dot com.
So it's www dot m A d I S O
(02:31):
N M A n A g E R s dot com.
Now this is for the newbies. You're gonna use one
of the clikies. Okay, it'll say ask Dan and Micah questions,
send an appointment, request more information. Anyone will do. Anyone
will do, because when you then get to the clear space,
(02:51):
we'll call it where you'll type in please send me,
please send me, please call me, etcetera, etcetera. Give me
the stuff. That's my favorite, right, give me the stuff.
Just send me the stuff, any of the above. We've
got a bunch of items that are flying and you
guys are the best. And it's a thank you. It's
a thank you. This is why we do this. The beneficisihery.
What would you call it? My beneficiary update beneficiary just
(03:14):
your reviewial review checklist? Yeah, yeah, yeah, beneficiary review checklist.
Let's call it that, Okay, the beneficiary review checklist. I
love that. That is what you guys are requesting. We're
doing a glossy style for you. Some of you wanted
electronic doesn't matter. We can email them. But again we
can mail it out to for free as part of
(03:35):
a bigger package if you'd like. If you just like
the one off, that's totally fine, okay, But we've got
two other white papers that you guys continue to request.
Right that flow along with twenty five docs you need
before you die. Right, it's an extension of that. And
the other is what to do when a loved one dies?
(03:56):
Right our great white paper all it go so far
to go to great white paper an extension of that.
And you've asked for these, so we are just satisfying
your requests. We're satisfying your need with these docs. They
are free. Again. The easiest way to grab them, The
easiest way to let us know is just use the website.
(04:17):
It's www dot Madison managers with an as dot com,
use any of the clickies, click on any one of them,
and then again, just whether you give us your email address,
your phone number, name, address, whatever happens to be, we'll
get them out to you free of charge. I can't
say that enough. Free freight, free free frame.
Speaker 4 (04:35):
And Madison Nation. I did not share this with Dan yet.
Speaker 3 (04:39):
Oh boy.
Speaker 5 (04:40):
We've talked over the last couple of weeks about mistakes
being made occurring, whatever you want to call it.
Speaker 4 (04:47):
Yeah, with beneficiaryforms.
Speaker 5 (04:50):
Sure, and we should all know that the beneficiaryforms on
retirement accounts, life insurance annuities, that Trump's and anything in
your will.
Speaker 3 (05:01):
Okay, say that again for us, Mike, say it again.
Speaker 5 (05:04):
The Supreme Court ruled on this fifteen years ago. Your
beneficiary designation forms are more powerful than your will. That's
just the bottom line, can we So let's make sure
they're correct. And here's why, Dan, Yeah, a friend of
mine listens to the show Local and works for one
of the very very large global conglomerates that has some
(05:28):
space in our backyard. And this said company has split
themselves up into different pieces, different disciplines, and there's been
a lot of confusion from an HR standpoint, and nobody
really knows what's happening yet. So he gets nervous. He
(05:49):
checks his beneficiary forms. They were wiped clean. Everybody was gone.
Speaker 3 (05:55):
The old data transfer.
Speaker 4 (05:57):
Why does it never work?
Speaker 3 (05:59):
The old.
Speaker 5 (06:02):
This is not rocket science, right, as my kids say,
rocket surgery. But what if he didn't check? How many
other thousands of people haven't checked? And they could all
pardon my French, everybody with no beneficiary designated it becomes
your estate, which means it's all taxable immediately, and then.
Speaker 4 (06:27):
You're screwed.
Speaker 3 (06:28):
No blano, right, no blano.
Speaker 4 (06:30):
The worst thing that.
Speaker 5 (06:31):
Could possibly happen, you know, because we've talked about this before, Dan, Right,
you pay your federal tax, state tax, and depending on
the amount that's in the i RA, you could your heirs,
whoever your loved ones are, could get stuck in that
net investment income tax penalty box. At the same time,
(06:51):
you're talking about fifty cents of a dollar's gone. Yeah,
it took you decades, a lifetime to save this money
and it could all be basically all in from you
in the blink of an eye with these kind of mistakes.
Speaker 3 (07:03):
Guys, And we're not out there, and you know, you
know us, we bad mouth know one. We we don't
play that game. We let our works speak for itself.
We don't play that game. However, it's a big However
we will bad mouth won eight hundred numbers. Okay, these
are disgusting and and well.
Speaker 5 (07:16):
That's where he had to go because there was no
there's no more on site.
Speaker 4 (07:21):
HRP no, no, no.
Speaker 3 (07:22):
We had been centralized. We had two this week, we
had two this week where clients were simply trying to
access their own funds. They were simply trying to access
their own funds through their employer plans. Okay, and these
(07:42):
one happened to be at our all time favorite. And
we say that facetiously knowing the funds were never going
to come out. They're just not they're they're just not
going to come out. And she actually gave up.
Speaker 5 (07:53):
And that's that's that's why it's it's engineered like everyone correct,
and then keep you on hold for thirty minutes, correct,
bop your around to a couple of departments. Gave up,
and then all of a sudden someone doesn't speak English.
Speaker 4 (08:07):
This is not by coincidence.
Speaker 3 (08:09):
No, and then there's no path. That's the key. There's
no path to getting your funds. There's no hey, send
me five thousand dollars. Oh no, no, oh no, doesn't work.
That doesn't work that way. The point is she literally
gave up. Okay, that's what they want. They won, Okay,
they won that exchange. The other exchange went through a
(08:31):
self service portal. The one eight hundred led to the
self service portal, which now, now this is this is
the good part. So this is your own money. Okay,
think about this, Miake. This is your own money. Right,
you're above fifty nine and a half. You're entitled to
all of the whatever you like, right, Mike, Mike Wing Mike,
it's gonna be signed off by not one individual, but two.
(08:53):
No one knows who these people are.
Speaker 4 (08:55):
They're the Wink Wink planned administrators.
Speaker 3 (08:57):
No what else who they.
Speaker 4 (08:59):
Are or where they are. That's the other part or
how to get and from.
Speaker 3 (09:05):
In today's day and age, especially with the solutions that
we could talk to about. Please do not have if
you are again, if you are of a certain age,
you're eligible to roll moneyes, make your own decisions. Come
work with us at Madison, Guys, please do not have
the blueberry cupcake portfolio at one of these far off
(09:27):
da in Thailand. As as Mike Brown says, no blaino.
And it's this simple, guys, it's it can be this simple,
and it can be that discouraging in that you are
literally looking for five thousand dollars, ten thousand dollars, whatever
it happens.
Speaker 5 (09:45):
It's like you're searching for a needle in a stack
of needles of your own money.
Speaker 3 (09:49):
Your money. We're not talking about matching funds. We're talking
about your own money. It's disturbing, it really got its depressing.
Just had to bring it up because if there's any
reason forget the education, forget this, forget what we're bringing
you from an investment side, just let us be a
representatives guys, get get rid of all of all of
(10:12):
these headaches. Going to break www dot Madison Managers dot
com again, use on the clicking boxes. We'll get you
that beneficiary white paper, beneficiary review white paper out to
it is hot, hot hot, Let's keep it up. We'll
see it right back.
Speaker 2 (10:30):
You are about to experience the planning for prosperity show
A three two.
Speaker 3 (10:43):
Rod forever. Young Ron Stewart in good song. I think
he's on tourist. He did I hear that?
Speaker 4 (10:55):
What is he a vampire? How old is he?
Speaker 5 (10:57):
Oh?
Speaker 3 (10:58):
That's what I was thinking.
Speaker 4 (10:59):
He's got to be eighty right?
Speaker 3 (11:01):
Yeah, Happy weekend everyone, Daniel Bolanski, Michael Brown, Managing director,
Michael Brown. Welcome aboard this cruise ship, the bestest cruise ship,
the swankest cruise ship, the fastest, the best food, the
best because we're in the haven. The best food and
beverage when you're in the haven. When you're in the
safe haven, you have the best food and beverage. Why
(11:23):
go anywhere else, guys, I'm gonna bring something up again.
Get the pens ready, okay, if you don't mind, grab
a pen or pencil if you like that. Www Dot
Madison M A d I S O N Managers dot com.
Www Dot m A d I S O N M
A N A g E r s dot com. Clickie
(11:44):
clickie button. You're gonna use one of those clickies. It's
gonna say as Stan and Mike request more information, ceenter point,
whatever it's it, just click on it, guys. Give us
the best way that we can get you free stuff, okay,
because that's really free educational materials, you guys. A for
these we produce them. We manufacture right here in the
(12:04):
USI right, manufacturing right here in the USA. Take it
right off the assembly line, right right right right, and
and and if you you know again, if you need
express shipment, we support US located careers, right, Mike.
Speaker 4 (12:22):
I mean, let's let's walk the express back.
Speaker 3 (12:25):
Well, listen, sometimes you need something quickly and we we
support you know, they're all US based, you know. So
the point the point is that it's very patriotic, guys,
it's very patriotic. Request your copies again, Beneficiary review, Beneficiary review.
White paper is just flying. It's flying all.
Speaker 5 (12:43):
Because people are now starting to look and they're saying,
what is going on here?
Speaker 3 (12:49):
Yeah, I'm going to bring something up now and this
is going to go. I'm going to dive right into something.
And and you guys who are regular listeners, you know,
if there's one pillar, especially ac now waist whist, we
can still take advantage of the Federal Reserve keeping short
term rates elevated shall we say elevation elevated relative to
(13:16):
the last twenty years in sanity. I don't want to
say recent timeline because twenty years is not recent. But again,
if you want to take advantage and you want to
ultimately have something in your TOOLCIT right that can provide
you a pension stream of income, guys, there's no again,
I'm gonna lay it out there in my opinion, our opinion.
(13:36):
We're allowed to have opinions. You want us to have opinions,
at least put it in your TOOLCIT because what this
is doing, it's going to allow you to provide yourself
with a pension stream of income that is again invested
right with again some of the most nameworthy right asset
(13:58):
managers that you can pop possibly fined.
Speaker 4 (14:01):
Right, everybody knows the name.
Speaker 3 (14:02):
Everybody knows the names. No one's going to say a
negative thing about them.
Speaker 4 (14:06):
Well other than they're not our friends.
Speaker 5 (14:09):
Right, but by our tools to be used in the
toolbox exactly.
Speaker 3 (14:13):
But the point is this, we can be growthy with
your money. You're gonna get a pension stream that again
because rates are elevated, right, you're gonna be able to
capture this at what we call market and or cycle highs, right,
meaning of the last twenty years. Okay, each year you
don't touch the funds, you're going to get growth on
(14:34):
your guaranteed pension dollar that is also at or near
market and cycle highs. So again, highest is the highest, guys,
there's no debating, there's no better. Okay. The point is this,
put it in your tool kit at least because I'm
gonna tell you this, at some point in time, this
is going to be your best friend relative to what
(14:57):
goes on in the world of inflation, okay, because everyone
does this, Okay, and we're seeing more and more and
more of this right. As prices went crazy on everything right,
more and more, you may retire right and think you
got it covered right in the Blueberry portfolio, right, and
then you start looking around and you start saying, well, well,
(15:18):
wait a minute, Mike. Whatever you wanted to take, whether
it was four percent, five percent, whatever number you thought
you were comfy with, right, you're looking around. You said, well,
wait a minute, this isn't buying what it was buying
even two three years ago.
Speaker 4 (15:33):
And that's a problem. But everyone has to realize.
Speaker 5 (15:38):
Whatever economist is out there saying, ah, inflation is now muted,
and that's great, but prices don't come down. They just
stopped going up as much. So if it was I'm
gonna insert name here, if it cost me one thousand
dollars a month DAN to live five years ago, it's
(16:01):
now what twelve thirteen hundred bucks?
Speaker 4 (16:04):
Is that fair?
Speaker 3 (16:05):
Very fair?
Speaker 4 (16:05):
Okay?
Speaker 5 (16:07):
But if I don't have any protection a on my
principle or b on income to take care of these
inflated prices that are never coming down again, you're never
going to see the prices of oreos where they were
five years ago. They don't have to bring him down.
So it's a reality. And I don't think people take
(16:29):
into account of Dan what they're going to do about
healthcare costs.
Speaker 3 (16:35):
Oh oh, those conversations.
Speaker 4 (16:38):
Think about that.
Speaker 5 (16:39):
You say, well, at sixty five, you know I can
go on the government system.
Speaker 4 (16:43):
Great, and that's great. Yep, it's not going to cover everything.
Speaker 3 (16:46):
I was gonna say, you have to supplement it, right, Yeah.
Speaker 4 (16:49):
And everybody, maybe you don't know.
Speaker 5 (16:51):
Bill Bradkey does all of our post retirement healthcare analysis.
He's our guy and a super sharp If you are
in that one two year outrange of when you're going
to retire and you haven't really had that discussion about
what healthcare is going to cost.
Speaker 3 (17:11):
You call us yesterday. Yeah, call us yesterday. And here's
the thing. Here's been our best inflation fighter, Mike. And
I'll say this, this is for Madison Nation. And we've
had so many of these conversations, and you guys, you've
taken advantage. You've been very active over the last two years.
I'd say this is going on for about two years, Mike,
maybe a little bit longer than two years, where we've
(17:33):
really been able to lock in these high rates, right,
what we call artificially high rates, right, lock these rates
in right, that are good for your lifetime, guys, good
for your lifetime. Okay, here's the point. You guys, need
a little bit more cash. Guess what we turn it on.
Speaker 4 (17:49):
That's what it's there for.
Speaker 3 (17:50):
What what do you do at the big box supercenter bank?
Right when you got the chief investmental officers portfolio? This
we kid about this, guys, but this is SI. That's
a real sick you've seen. We've seen so many of these.
It's sick. What do you do if you need if
you need a little.
Speaker 4 (18:04):
Bit more, well, you hope the market doesn't go down.
Speaker 3 (18:07):
Do you know what you do?
Speaker 4 (18:08):
Because then you're wipe down.
Speaker 3 (18:09):
You know what you do? You start taking a bigger percentage. Yeah, right,
you start taking a bigger.
Speaker 4 (18:13):
P the math starts working really poorly.
Speaker 3 (18:15):
And guess what the Blueberry portfolio is not designed to
do that take that kind of stress, take one hundred percent, Michael.
It is not designed to take that type of stress exactly.
So guys, please please, I don't know if the Fed
cuts next week. I doubt it. I don't know if Again,
(18:36):
if you're asking me, should they yes, the answer is yes.
But will they? I don't know.
Speaker 5 (18:40):
There's a lot of other distractions going on right now,
absolutely which which no one's talking about. The FED and
drome power. The narrative has shifted quickly and violently.
Speaker 3 (18:53):
No one can keep track of any of this, Mike,
you know, embassies close, no one can keep track of
any of this. But here's the point, guys, Please just
get the account open, Get the account open, and we
can decide down the road. Hey, maybe we want to
fund this with X. Maybe I want to guarantee that
(19:14):
I have X amount each year. Right, we can solve
for X, right, But at least, guys, please act. That's
all that we can say, because there's nothing that makes
us happier than when we can have a conversation with
you and you say, you know what, Dan, you know,
the reality is it's costing more, whether it's again, whether
(19:34):
it's to your point, Mike, health insurance, whether it's auto insurance,
whether it's bananas, okay, the abum. And we say, well,
we happen to have the wation wide Right, the Wation
wide right income income vehicle that we can turn on
whenever you choose you in the sweet spot. Now, miss Jones,
(19:57):
are you ready? I think I am Dan.
Speaker 5 (20:00):
I like when someone comes in Dan and says, I've
been honest with myself and hear what my monthly fixed
costs are. I want those covered and I want the
ability for that income to increase as my cost living increases.
Speaker 4 (20:19):
I write my fixed costs like that.
Speaker 3 (20:22):
We don't say that enough, Mike, because when we're the
tools that we're talking about, guys, when we're talking about
these income tools for you, you can get a raise and
in some instances with a certain provider that we utilize, Okay,
you can get a raised, not in one form of fashion,
not in two, but three different ways. Beat that mic,
(20:43):
beat that you can get it. I was just gonna say,
you got any ideas when you're sitting down with the
bankrap and this is no disrespect to the bankrupt. They
are told to push a product in your direction. That's
what it is. There's not come on, let's sit down,
let's custom off.
Speaker 4 (21:03):
They don't have a choice.
Speaker 3 (21:05):
That's what it is, guys. Because we've been there, we've
lived in it, we've lived it, guys, we do it.
Let us show you a better way and speaking, which
it all starts with education. This shop here, it's first, second, third, fourth, fifth,
education all across the board. Then we decide on your
portfolio strategy. Here's the best way to get yourself started
(21:26):
www dot Madison Managers dot com. Head on out there
right now. I think that's the best way. Guys, Use
your phone whatever that is, use your padlet or tablet whatever,
bad lit whatever that is, and just click on it
and again let us know what we can get out
to you, or just say, give me your most recent stuff.
I think that's let me start with something. Let's start
with stuff exactly exactly right. We'll get it straight out
and it's free, free, free, free, free. We'll see right back.
Speaker 2 (21:52):
You are about to experience the planning for Prosperity show
in three two. Here.
Speaker 3 (22:04):
This is one of your group.
Speaker 4 (22:08):
I know it is.
Speaker 3 (22:11):
Kind of like this Michael Brown Daniel landscape.
Speaker 4 (22:14):
You're not Brascal Flats.
Speaker 3 (22:17):
I should have known that.
Speaker 4 (22:19):
It's almost like Breaks and Stratton Flats.
Speaker 3 (22:24):
Interesting. Happy weekend everyone. I have no idea what the
theme is. I really don't. Did we challenge mister producer?
You were actually called out, I believe because you were
called out by a great client, great friend of ours.
We talked about her off and miss Mary, who's just
recently moved and oh, by the way, we brought this
up on these airs, and she said, it's totally fine
to bring her up on these airs. She has the
(22:46):
super duper she acted very quickly. Right, remember when we
had the super duper income vehicle right came to market.
There essentially was a lost leader for the company to
a rated insure who just wanted to get their flag
in the ground and that in that area and now did.
And the best part is the best part is she's
played it like a champion. Okay, not only has she
(23:07):
added over time, she's allowed time to work for her
right in markets, right in markets. And also when markets
didn't do so well, she got that guaranteed bump up
right unpension dollars and guess what wait, maybe turning it on.
So Mary is a thing, Mary, That's what it's. There's
one hundred and twenty percent you'd like to say, Mike.
Speaker 5 (23:28):
B I understand money is a very very personal thing.
It goes against most people's personality to talk about money openly,
and I think that can leave people with some blind spots. Yeah,
just not having the comfort level to do so right.
People are also not honest with themselves about what their
(23:50):
expenses really are.
Speaker 3 (23:52):
We deal with it all the time, and it's a
sad it's a sad part of our business, Mike, But
I think myself, okay, and listen, we all, no matter
what industry you're in, right, there are certain areas where
you can foresee problems if you will and listen very
carefully to what I'm saying here. Everyone, whatever you do,
(24:14):
there's something in your line of business where you're like, yeah,
that could become an issue, right, and in our line
of work, without question, without question, especially if you're a
real planner like we are. Right, you work with people
one on one, you care, right, you care, you have
(24:34):
contact with them. I know this is strange to some
of you listening. You don't know what we're talking about,
but again, you have contact with people you actually care.
The number one, number one freight train of a problem
out there is simply the overspenders. It's and it's not close.
There's not a close second. And the problem is is, Mike,
(24:57):
we're as good I will say this, and listen, we're
allowed to have opinions, we're allowed to say as we feel.
We're as good as anyone could possibly be doing this Okay,
it's that simple because again, not only do we have
the aptitude, we have the education, right, we bring the
(25:19):
best of the best, but we work for you. We
work it, okay, and and what that does. Listen, here's
the point, guys. We can be the best in the world,
the best of the best. Guys. If you spend too much,
you spend too much. There's nothing there there, There is
no there is no magic bullet.
Speaker 5 (25:40):
And sometimes folks don't like to hear that from us.
Speaker 3 (25:43):
Oh no, no, it's our fault.
Speaker 4 (25:44):
But it's our job to be brutally honest when it calls.
Speaker 3 (25:48):
For absolutely So. I think the point is this, I
think where I'm going with this, mic is to your
point is there is a way to plan, right if
you think you're going to potentially need extra dollars down
the road, right, who isn't you think, Hey, I may like,
(26:16):
you know, my husband may like a stream of income
at some point in time because you know, maybe that
rental property is going to need a new roof and
we don't want to deal with that anymore. Maybe GNA, gnna, guys.
What we're talking about is put the items in the toolkit,
your toolkit meaning your investment toolkit and give yourself a
fighting chance. Right, we're again no silver bullets, right, we
(26:38):
all understand that. Right if if you're someone if what
do they call it, Mike Champagne, if you're.
Speaker 4 (26:43):
A Champagne pas.
Speaker 3 (26:46):
Cavard dreams on a Budweiser budget right on about right.
We can't cash that ticket, guy said that ticket. That
ticket can't be cashed. But if you're within the realm
of getting somewhere right to where you want to be,
and you're kind of having conversations around a Blueberry portfolio
and maybes and hypothetically, and you know, to Mike historically
(27:09):
historically and how the intermediate term bond fund's going to
solve all your problems, you had to go there, Guys.
I'm just saying, there's a reason why there's a company.
They're the largest asset manager in the world. Like them
or not. It rhymes with wat Rock. Okay, wat Rock.
We did. We did basically an expose a on this, right,
(27:31):
Mike for a full hour. There's a reason why there's
very heavy whispers out there that they're trying to get
into the guaranteed income business. Will they will because they're
getting their butts kicked because when it's apples to apples,
the conversations guys, the conversations that we have with you
and you guys who are on the cruise ship. Parready
(27:52):
you're nodding your heads. It always starts out with the numbers, right,
the sheer numbers that are the crushers, right, these are
the crushers. Where again, if even if I want to
be blueberry boy, I love I'm blueberry boy, I love
the Blueberry portfolio. I want it so badly. I can
be that. But I can put amongst the richest withdrawal
(28:14):
benefits of the last twenty years around it. The question
is why would I not? And there's no real answer
for that, right, there's no there's no compelling answer other
than other than I like my bankrap or whatever.
Speaker 4 (28:27):
It is, or it's convenient.
Speaker 3 (28:31):
That's it. But the point is this, It always starts
with the crusher numbers, right, But it always delves down
and what I've been finding, and Mike Brown's been fighting,
the team's been finding a lot of you have been
wanting to discuss some things that are really in the
weeds with respect to death benefits, right, what we call
(28:54):
full death benefits. Amen, Eh, and that's where you start
to realize, well, wait a.
Speaker 4 (29:00):
Minute, wait, this is much better than I thought.
Speaker 3 (29:03):
I'm investing. You nailed it. I'm investing in what is
truly a slution, right, Mike, this is a solution. This
is not well, Hey, this guy just showed me that
this portfolio is up seven percent of the last three
and a half years, and that probably gets it done
for me. But I don't know. You know, he doesn't
(29:26):
know either. There's no what we call defined outcome invested.
There is no defined outcome. I mean, they can fip
to you, they can tell you whatever they want to
tell you. But the point is, guys, once we really
get underneath the vehicle and start talking to the chassis,
right we like to call the chassis the engine, the
breaks all of the above, right transmission, that's when you
(29:47):
realize I got something good here.
Speaker 5 (29:49):
Oh now you can see the light bulb go off
saying I should have done this five years.
Speaker 3 (29:56):
And that's guys, that's the and that's okay, But don't guy.
And this is why, specifically with respect to my beloved
Pillar two, when we talk about guaranteed withdrawal for life,
guaranteed income for life, personal pension, whatever you guys want
to call it, whatever you want to call it, Okay, please,
why on earth hypothetic? Again, let's call it hypothetical. Okay,
(30:16):
let's play hypothetical. Not a solicitor as buyseller. Hold you
guys know this. If I can take advantage of a
seven percent guaranteed withdraw rate in retirement right now, okay,
right now, and I can invest my money in a
growth model that's managed by a company that rhymes with
Woodman Max, okay, and I get all the bells and whistles,
(30:39):
why do I want to wait for that same vehicle,
the same vehicle, to guarantee me six percent. It's not
a trick question, guys, it's not a trick question. What's
going to happen? We've done this. We're living it right now, guys,
we're living it right now. Many, many, many of these
vehicles have now dropped down to, again, hypothetically, the six
(31:02):
percent range, the five percent range. And that's all fine
and dandy. But again, in the real world, six is
and seven and seven isn't eight? Right, let's all agree
on that, right, Why would I wait? Why don't please, guys,
don't let that? What do you call it, Mike inactivity,
(31:23):
don't do whatever, don't let.
Speaker 5 (31:25):
I mean the paths of least resistance wins in most scenarios, right,
and the paths of least resistances.
Speaker 4 (31:33):
I'm just hoping the market bails me out. But I'm busy.
Speaker 3 (31:38):
But how is that even? It doesn't even make any sense.
Speaker 5 (31:41):
Don't you realize that Wall Street has sold more dreams
than Disney and people have more blind blind faith in
the stock market.
Speaker 4 (31:52):
They it blows me away.
Speaker 3 (31:54):
Wall Street created an era of life known as retirement.
They created we have pictures of boats, and you're the beach.
Harry and Sally are on the beach.
Speaker 4 (32:05):
Of course, boats they biking.
Speaker 3 (32:08):
The best looking seventy five year olds you've ever seen
are in all of those the best looking seventy five
year olds. Guys. It's shnany's it's it's it's, it's, it's
it's all. It's a fugazi, guys. It's a fugazi, right,
I thought it was for ghezy Fugazi for gazy guys.
Let us come in. If your growth, if you want
(32:30):
to be growth, we can show you how you can
be growth. And literally in today's date eight, today's date,
age you're gonna find this hard to believe. Guarantee that
you don't lose a nickel at the end of the term. Okay,
that's you heard that, cras, that's nice. That's nice. We
can also if you again, if you're like ninety percent
(32:50):
of us, and you're gonna have to eat right at
some point in the future, you're gonna have to eat right.
You're gonna have to eat when maybe you're not working
as much or you're not working at all, You're gonna
have to eat right. Let us show you a guaranteed
income vehicle that again you're still able to capture adder
near twenty year highs on your guaranteed with you all
(33:12):
these are rich. This is real, guys. Let's not again,
let's not talk for gaysy. Let's not talk about emerging
market bond funds and how that's turning. I saw Mike.
I nearly coughed up my throat. I saw some h
can't even get into this, guys, throw away the emerging
market bond fund Please throw away that pamphlet. The easiest
(33:34):
way to do it www dot Madisonmanagers dot com. Jump
on board. Let us start by educating. We start by
white papers having a brief conversation again. Whatever it is,
let us know. We'll get you just I want the
free Stuff's the easiest way to do it, Madison Managers
dot Com. Click on the clickies, We'll be right back.
We gotta find out what this theme is too, great job,
(33:55):
mister producer.
Speaker 2 (33:59):
You I wull to experience with the planning for prosperity
show three two? Who cheer?
Speaker 3 (34:09):
Oh man?
Speaker 4 (34:11):
Zach? Who is this?
Speaker 3 (34:14):
Uses?
Speaker 4 (34:14):
Zach on his head?
Speaker 3 (34:18):
How would you listen? No one's ever heard this, and
no one's heard this in their life. I'll go on
record Dan Polanski, I, Daniel Polanski. Michael Brown's here, Managing director,
Michael Brown, Madison Wealth Managers, welcome overover the cruise ship
planning for a prosperity way to our cruise ship. I
will go on record as saying, no one listening right
now has ever heard that song before?
Speaker 4 (34:36):
Oh oh, I disagree.
Speaker 3 (34:38):
We all know, Zach Brownman that the Kentucky Chicken song,
which used to be a good song until it was
played three trillion times, including on these airs, three trillion
times over no one's how could you listen to that song?
That's so exciting?
Speaker 4 (34:52):
I celebrate this entire catalog.
Speaker 3 (34:55):
It sounds so depressing. You know what that's like. That's
like sitting by a pond. That smells right. It's raining, right,
just not heavy rain either, just that light bothersome rain.
You're in, you're in the slicker, You're in the slicker.
The campfire, it's not even a fire anymore. The embers,
the embers are like slowly that smoke, that big chunky smoke.
(35:18):
And you know what you pull off? You pull off
that that, you pull off those embers, that lukewarm, cold
in the center, cold in the center, corn king hot talk,
and you forgot the condiments. So you're just eating. It's
nice and cold in the center, and you're playing that
song that that would be it for most of us.
Speaker 4 (35:37):
That's everything I wanted to.
Speaker 3 (35:40):
Michael has the widest smile on his face and he's
ready to go. That is the most disturbed. I apologize.
I apologize. Happy Father's Day, though, everybody, that's the happy
Father's day. Guys. If you'll put it this way, if
you are a father, you know a father obviously right
you're listening, you know a father. I can think of no.
And again, this is all in all sincerity. I can
(36:02):
think of no better Father's Day gift that will cost
you nothing. Let us pick up the tap right, let's
get you. If you don't have the d D two
point zero, that's I mean, that's you need it right now,
you need Okay, let us get you the do D
two point zero. Let us get your three most recent
white papers.
Speaker 5 (36:20):
Which all designed and going deeper on the thre most
important topics.
Speaker 6 (36:25):
You will see that. Your dad will see that. As
he goes through, you'll see how it all connects. Guys,
just assume a solid dude, do do dad a solid
Get him away from the Blueberry portfolio. Get him away
from the quarterly reporting that almost some of hos.
Speaker 3 (36:42):
Are so good. Get him, get him away. He doesn't
want to see the Magenta anymore, he trust me. He doesn't.
He doesn't want to see the.
Speaker 4 (36:47):
Because he's seen the movie too many times.
Speaker 3 (36:49):
What he wants being let down.
Speaker 4 (36:51):
By Wall Street.
Speaker 3 (36:52):
What he actually wants to see on his quarterly report,
the amazing thing. We've got this pillar right, We have
a pillar right, we call it, we call it Pillar two.
We're on your quarter of the report. It shows what
your guaranteed pinched Incub's gonna.
Speaker 4 (37:05):
Be worst case forever, worst.
Speaker 3 (37:07):
Case, worst case, based on what do you want to
start taking that actual excite Dad, That will excite Dad.
The magenta and the movement from the as Michael Brown
likes to call the sub atomic Emerging Market Bond Fund
to the plutonium grade right plutonium grade Emerging Market Bond Fund.
And by the way, we're gonna be moving out of
(37:29):
the Europacific region and we're gonna transition those funds towards
the Far East, but islands, Far East islands, not mainland China.
Speaker 4 (37:37):
We're gonna called frontier.
Speaker 3 (37:39):
It's a frontier. We're gonna go absolutely frontier.
Speaker 4 (37:42):
What they just made that one up to. You're absolutely
frontier market that's emerging.
Speaker 3 (37:48):
And that's gonna help you. It's gonna help that, guys.
We're gonna help Dad. Okay, let's keep it super simple.
I think it's a great thing to do, guys. And again,
I if this weren't our business, I would say this
is a great thing today.
Speaker 5 (38:00):
And we haven't talked about this in a while, Dan,
As we said, money is very personal and if you
were from my father's generation, you didn't talk about money, right,
that was taboo.
Speaker 4 (38:12):
We don't we don't talk about at all.
Speaker 5 (38:14):
Nor did we talk about having our will written, our
healthcare directive written, or power of attorney written.
Speaker 4 (38:21):
Those things just didn't happen.
Speaker 5 (38:24):
If I had these things right, the d O D,
the new White papers, and.
Speaker 4 (38:29):
We can call it whatever you want.
Speaker 5 (38:31):
You want, a conversation opener, a wedge, a third party
perfect where maybe you can start, even if it's in
a very gentle, slow manner, having the conversation to make
sure has done the right things with the money right.
And I'm not saying you need to you need to
peak under the covers, But are the beneficiaries in place?
Speaker 4 (38:53):
Are the legal documents in place? Have they? Have they
been reviewed and updated in quite some time?
Speaker 1 (38:57):
What?
Speaker 5 (38:58):
What is after tax money? What is pre text money?
Who's gonna get what? And how much? And what?
Speaker 4 (39:03):
Now?
Speaker 5 (39:03):
You're never gonna be that direct I get it. These
are conversation starters. You're eating with those who don't want
to talk about it.
Speaker 3 (39:09):
Ye yeah, I saw you know, and Mike and again, guys,
here's the way to do it. And I'll do this twice.
Www dot Madison Managers dot com For those that like
get spelled out, It's www dot m A D I
S O N M A N A G E R
S dot com. Use the clickies, okay, it'll say, ask
a question, get more information, set unemployment. Any of them
(39:31):
are equally as good. Just click on any one of them.
Give us your information, and how we get these to you,
for dad, for whatever, for a loved one, for yourself. Okay,
there's no limit. Mike hates it when some of you
guys get four or five. I love it, Okay, it
makes me happy. That gives whereas the cold corn king
hot dog with no condiments gives Mike brownjoy. It gives
(39:53):
me joy when you guys request four five.
Speaker 5 (39:55):
I can only afford get the hot dogs because you
give so many of these away.
Speaker 3 (39:59):
I love it, guys. That's the way to do That's
the way to do it. And again, just just do it.
Today it's Father's Day. Let's give let's give Dad a
real gift. And then, like I said, then.
Speaker 4 (40:08):
We can go because you know what, he doesn't need
any more of ties.
Speaker 3 (40:12):
He doesn't need ties, and he doesn't listen, Mike, I
saw something and again, and you know, you guys know
how we feel about traditional financial media. You know, you know,
in ninety nine percent of it's now pay to play.
You can't listen to these but they're they're again they're
kidding to be like model like like you look at
some of these women and some of these men, like
it's like like straight out of Central Camp.
Speaker 5 (40:33):
They're using terminology that they couldn't explain if I had
a gun to their head.
Speaker 3 (40:38):
Oh, if you put the pressers on.
Speaker 4 (40:40):
For they will crumble like certain politicians.
Speaker 3 (40:44):
Or get it. Now, here's what I saw this week.
I said, this was again, this was that again. I believe,
I believe they would probably be the most name recognized bank,
super bank bank store out there. Now I heard one
of their private client strategists. Okay, I saw this in
my own eyes. There. Now we're getting into likes and dislikes.
(41:07):
Like you like chocolate, I like vanilla. The likes is
not joke. Bike The likes and this was this past week.
The likes were ready for this. Financials, technology industrials.
Speaker 4 (41:20):
Every couple of corners the same.
Speaker 3 (41:22):
Utility, utilities, small caps, mid caps, fixed income, you wish, treasuries, goal.
Speaker 4 (41:28):
Is there anything they didn't like?
Speaker 3 (41:30):
You got it, Mike. Now here's the point, guys, Let's
cut the crap. Okay, let's let's cut the crap, because
if you like all of that, it means you have
no direction, right, you.
Speaker 4 (41:39):
Know, strategy They just described the blueberry part absolutely.
Speaker 3 (41:42):
But here's the point.
Speaker 4 (41:43):
Here's the point.
Speaker 3 (41:44):
If you like all of that, come talk to us
and we'll teach you how to elevate that and put
protections around all of those likes, right, because we can
deliver on whatever you like. And we do a little
segment and you know who you are because you're gonna
call me like you always do each week. You're gonna
call me and you're gonna you're gonna mock us, and
you you say you love the segment where I talk
(42:06):
about how I'm I'm s and p Man and Michael
and Michaels and the X Man meaning Nasdaq one hundred.
But here's the thing, guys, we're not giving Michael enough
Pillar four play these last few weeks, and we're gonna
we're gonna give him some Pillar four uh play next week,
good Lord willing. Because the issue is this, and we
talked about this right before the show this week. So
(42:28):
many of you are starting to ask the right questions, right,
You're starting to ask the right questions because you're listening
and it's sinking in and you say, well, wait a minute,
my son, he's forty years old. He's built up a
roth or, he's built up a traditional iry. He's got
this old, you know, old plan, and you know he
wants he wants to be aggressive with his mane. He
(42:49):
just doesn't want what you guys call the flat tires
ding ding ding ding. Now we've talked about this and
now we're having very serious discussions with some of you
how to implement this within your portfolio where you can
be what we call NDAX. Guys. It's just a symbol
for the Nasdaq one hundred, the one hundred largest companies
in the Nasdaq. You not all of the Nasdaq, just
(43:11):
the one hundred largest.
Speaker 4 (43:13):
And you're gonna know you.
Speaker 3 (43:14):
Have every single one of them, you know, every single
one of them. So in terms of in terms of
aggression and again being aggressive within the markets, if I'm
one hundred percent DX, I'm up there, right, I'm up
there again. It doesn't mean you're ten out of ten,
but you're up there.
Speaker 4 (43:30):
Okay, yeah you're yeah, there's some gas.
Speaker 3 (43:33):
We can show you literally how you can be NDX
man Nasdaq one hundred man NASDAQ one hundred woman. In
other words, you're playing, you're in the sandbox. You own
but bapa butt if you if you don't want to
have the down twenty seven percent year like they had
(43:56):
in twenty twenty two, you don't have to have it.
Speaker 4 (43:58):
Don't have to.
Speaker 3 (44:00):
Well wait a minute, how can I be How can
I be DX girl? How can I be NAZAQ one
hundred girl and avoid the down twenty seven percent year?
Oh that's how what Dan and Mike are talking about.
That's how right, that's what dad just invested in. Right,
that's what dad just invested in. I got to talk
(44:20):
to these guys. Guys. We're seeing more and more of this,
and you know why I love it because there is
someone apparently and it's again just someone apparently told one
of our one of our friends, and you're one of
these local guys. You got some show, don't We don't
listen to anybody. Local guy. You've got some show.
Speaker 4 (44:39):
I don't even listen.
Speaker 3 (44:39):
No, no, no, Well, but here's the point. Here's the point.
Here's the point. You literally told someone that they were
too young for protections. Do you know what fundamentally dumb
that is?
Speaker 5 (44:52):
Well, because it doesn't go along with what that person
is allowed to sell to investors.
Speaker 3 (44:59):
Mike, think about this. If you could go back twenty
years and be one hundred percent Nasdaq one hundred, you
could be one hundred percent Nazak one hundred.
Speaker 4 (45:08):
Now you're gonna make me cry.
Speaker 3 (45:09):
We eliminate, literally, eliminate the twenty percent down years, the
twenty five percent down years, and yeah, maybe you'll give
up some on the top and the really boom heres.
That's fine, that's part of the game. You're done, guys,
You're done. There's no The only conversation you're having is
how we can get income out of your portfolio to
send it to you whilst you're at the lake, the beach,
(45:30):
whatever you want to do. You're done. If you had
that availability twenty five years ago, now, it wasn't available.
Speaker 4 (45:36):
It wasn't it was it was it was only to
the hyper wealthy.
Speaker 3 (45:39):
The hyper wealthy. It's here now. You've had a never
ever listen to the stupidity that you're too young to
have protections. It is abject stupidity. Happy Father's Day. We
had a blast, guys, hope you had a blast. And
let's get you in the office. Let's let's get the
information to you. Let's get it started that way. Let's
educate www dot madisonmanagers dot com. We'll talk to you
(46:02):
in the office
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