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Business Roundtable


Business Roundtable with Matt Battaglia

The show where Entrepreneurs, High Level Executives, Business Owners, and Investors come to share insight and ideas about the future of business.

BRT 2.0 looks at the new trends in business, and how classic industries are evolving. We Profile the current Players weekly in an Interview format to give you an inside look, to learn from their own experiences.

Popular Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech (AI, VR, Biotech, Chips, Electric Battery), Blockchain / Crypto, Real Estate, Legal, Vehicles, Franchising, Farming, Sales, Charity 

 

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Contributor: Denver Nowicz @ https://wealthforlife.net/

BRT / Wealth for Life: HERE

 

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Jun 8, 2021

BRT S02 EP23 (70) 6-6-2021 – 

Topic: Why You Need Both Offense and Defense in Your Financial Strategy

Guest: Denver Nowicz, President - Wealth For Life
http://wealthforlife.net/

 

What We Learned This Week

  • Balance in a Financial Plan – Combo of Offense & Defense, Synergy of the Mix
  • Offense – Stocks, and other growth Assets, Real Estate rental property, owning a business, etc.
  • Defense – Tax Protection (moving $ to a Tax Free Position), Insurance strategies
  • Tax Buckets, broken into 3 categories of taxed (income), tax deferred (401K), tax free (Roth)
  • Tax Free Matching – using Leverage of 3 to 1 to increase a retirement strategy and get 60% more income

 

 

Denver is an advisor with nearly 20 years experience working with clients in investments and insurance, designing retirement plans with a combo of both. He takes us through different strategies for clients to get the best allocations for their money over the long term. It is the Combo Strategy of both Offense and Defense, the synergy of the mix, not ‘All or Nothing’.

Offense – Denver tell us why you should invest in growth assets, and that stocks are one of the best to stay ahead of inflation

Defense – Why defense is so important, and how Insurance strategies and the IUL, can help, what characteristics does an IUL have and why Denver recommends it, compares to it an uncapped Roth IRA with even more benefits

Tax Protection – Tax Buckets, broken into 3 categories of taxed (income), tax deferred (401K), tax free (Roth), understanding the differences, and where your funds are currently, and options thru insurance products to move more $ to a tax free position

3 to 1 Matching (Tax Free Matching) – one of Denver’s favorite strategies thru insurance, more for upper level earners who have a long term horizon

 

Notes:

Offense – stocks and returns, past year and Covid economy (Black Swan rare event), rise of tech, disruption of business and investments, and standard stocks

Tactical strategy, hold 20 positions and can pivot quick to re-opening plays like oil, industrials, and banks from tech early 2021

No overly technical jargon, just simple investing in good companies with strong balance sheets, and low debt

Defense – why defense is so important, and how Insurance strategies and the IUL, can help, what characteristics does an IUL have and why Denver recommends it, compares to it an uncapped Roth IRA with even more benefits, says should be 25% of your portfolio

Returns of 6 – 8% historically tax free (like 10% taxed investment)

Defense wins championships, think of a pyramid with a strong base, and that is the defense part

Synergy with Offense (& Defense) to have a combo of both techniques, not ‘all or nothing’

Assets like real estate, insurance, gold, Bitcoin, CF business

IUL – lock in gains, yearly reset, uses options strategy so $ not in the mkt

 

Tax Protection – tax buckets, broken into 3 categories of taxed (income), tax deferred (401K), tax free (Roth), understanding the differences, and where your funds are currently, and options thru insurance products to move more $ to tax free position

You are partnered with the Gov’t on taxes and they can decide how to much you need to pay and when they want to change it

 

3 to 1 Matching (Tax Free Matching) – one of Denver’s favorite strategies thru insurance, more for upper level earners who have  a long term horizon

CF arbitrage with low risk asset and 3 to 1 leverage to enhance your invested $

Banks loan the $ to the insurance co. with the policy as collateral, 5 & done, then banks keeps funding with loan paid off in 15 years, no guarantees, no loans – like an unlimited Roth

5 (year buildup) and done, recapture time, try the sample calculator

 

Link to Taxes Show on 10/31/2021 w/ Denver: Here

Link to Shows, Denver was a Guest: Here

 

Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

 

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Business Roundtable with Matt Battaglia

The show where EntrepreneursHigh Level Executives, Business Owners, and Investors come to share insight and ideas about the future of businessBRT 2.0 looks at the new trends in business, and how classic industries are evolving

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

BRT Podcast Home Page: https://brt-show.libsyn.com/

‘Best Of’ BRT Podcast: Click Here

BRT Podcast on Google: Click Here

BRT Podcast on Spotify: Click Here                   

More Info: https://www.economicknight.com/podcast-brt-home/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

 

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.