Ed's Edge

The 5 WORST Money Mistakes to Avoid

Join experienced financial advisors, Ed and James, as they discuss the world of finance, sharing their personal experiences and observations from their clients' financial behaviors. With decades of experience under their belts, they discuss the most common financial mistakes that people often make, providing real-life examples and expert insights to help you avoid these pitfalls.

In this episode, they explore everything from the costly mistake of overpaying taxes, discussing how this can occur and the impact it can have on your financial health, to the importance of having proper insurance coverage, highlighting the potential consequences of insufficient protection and how to ensure you're adequately covered.

Whether you're looking to save, invest, or simply gain a better understanding of your financial habits, this episode is packed with valuable lessons and advice. Tune in now and equip yourself with the knowledge and mindset to avoid common financial mistakes and thrive in your financial journey.

 

Ed's Food for Thought: https://cooking.nytimes.com/recipes/12965-spaghetti-carbonara

 

Website: www.EdgeFA.com

Financial Fortunes: The Inheritance Playbook

Inheritance can be a game-changer, but it comes with its own set of challenges. Join us as we delve into the nitty-gritty of handling an inheritance responsibly, from navigating tax implications to creating a legacy that goes beyond just financial assets.

 

www.EdgeFA.com

What is Financial Planning?

In this episode of Ed's Edge, Ed and James embark on a journey through the intricate landscape of financial planning. As seasoned financial planners, they unravel the complexities and bring you a digestible discussion on the fundamental question: What is Financial Planning?

Join Ed and James as they break down the five pillars of financial planning, offering insights, anecdotes, and practical tips to help you navigate the often daunting world of personal finance. 

Whether you're an experienced investor or just starting to dip your toes into the realm of financial planning, this episode will provide you with valuable takeaways that can empower you to make informed decisions about your money. Tune in, buckle up, and get ready to embark on a journey towards thriving financially, with Ed and James as your trusty guides!

 

www.edgefa.com

5 Fears about Retirement

In this insightful conversation between Ed and James, they delve into the topic of transitioning to retirement. Ed and James explore a range of valuable tips to help individuals address both financial and non-financial concerns as they approach this significant life stage. From financial planning discussions to considerations about maintaining a fulfilling and purposeful lifestyle, these ideas should help provide to a happy next chapter. Whether it's securing one's financial future or finding new passions and interests, Ed and James offer practical examples from clients they’ve worked with to help people embark on this exciting journey with confidence and peace of mind.

 

www.edgefa.com

Seven Lessons to Learn About Money (At Any Age)

Join Ed and James for a 20-minute journey into the fascinating world of money, where they delve into the most valuable lessons about your financial behavior and mindset. Ed and James have decades worth of experience working with clients and share the most commonly forgotten lessons. In this episode, they explore relatable real-life scenarios and expert insights that help you make smarter decisions with your money. Whether you're aiming to save, invest, or simply gain a better understanding of your relationship with finances, this podcast equips you with the knowledge and mindset to thrive in your financial journey. Tune in now and pave your way to financial success!

Getting Wealthy vs. Staying Wealthy

We've all heard of the common financial tips on how to build wealth. Examples are to within our means and put money aside for our retirement, just to name a few. But what about when we've built up a solid nest egg and are close to needing to live off of it? In this podcast episode, we discuss how different the financial game is when we are close to the finish line, sharing our tips on what to consider at this stage of life.

The Seduction of Pessimism

Have you ever heard from someone that everything will be great in the world and not to worry? Be honest...are you likely to either shrug them off or offer a skeptical eye? Conversely, hearing you are in danger and that person has your undivided attention. These natural tendencies stem back to thousands of years ago in how we operate as human beings. When we use this behavior with our investing decisions, we are playing with fire. In this podcast episode, we discuss exactly why we are "seduced" by pessimistic news and how you can separate facts in the market from your own feelings. 

The Defined Benefit Plan Nuts and Bolts: How Does It Work?

The Defined Benefit Plan is a pre-approved retirement plan solely for business owners or self-employed individuals who want to take advantage of massive tax savings each year in order to accelerate their retirement. We discussed exactly what this plan is in our first podcast episode, but we realize there are still many outstanding questions. For example, what are the limitations? How flexible is the plan? More broadly, what exactly is one getting themselves into by utilizing this plan? In part 2 of the Defined Benefit Plan podcast, we discuss those outstanding questions, highlighting exactly how the plan works for those that qualify. 

The Defined Benefit Plan: What is it?

If you are a small business owner or independent contractor with a high income who is tired of paying the government too much in taxes, you need to watch this! This little-known, IRS pre-approved retirement plan called The Defined Benefit Plan, can save you more in taxes than you thought was possible and help accelerate your retirement timeline. In this first episode, we provide an overview of the plan and discuss how it could help you. 

One of our clients who recently implemented the plan said "Instead of writing a check for $40,000, I am now receiving a refund." That’s right, money back from the IRS. If you qualify, this strategy could mean tens of thousands of dollars back every year!

 

Cyber Security and Fraud

Have you ever been a victim of fraud or identity theft? Or perhaps you know a close family member or friend who was? Chances are you have. In this episode, we want to share our best tips to help you protect your assets from cyber-attacks.