Something More With Chris Boyd Show Podcasts

In this episode, Chris Boyd CFP®, CASL, CEPS catches up with Bob Powell CFP®, RMA® to discuss the pressing issue of financial exploitation, focusing on scams and schemes. Bob Powell highlights the prevalence of financial scams, particularly those targeting elderly individuals, with statistics showing significant financial losses and many cases going unreported. Common Scams- The discussion covers various scams such as AI-generated deep fakes, phishing emails, romance scams, and "pig butchering" investment scams, illustrating the sophistication and creativity of modern scammers. Risk Factors- Identifying factors that increase vulnerability to scams, including cognitive decline, social isolation, low financial literacy, and lack of a financial advisor. Protective Measures-Emphasis on education, awareness, and proactive planning.  https://www.thestreet.com/retirement-daily/ https://www.linkedin.com/in/powellrobert/ https://www.linkedin.com/in/j-christopher-boyd-b932169/

“R” or “D” who is better for your portfolio? – Do investors do better under a Republican or a Democrat President and Congress? How about when the federal government power is divided between the political parties? Chris Boyd reviews “Y- Chart” data with Jeff Perry for this engaging review of what really matters to investor performance. Chris and Jeff begin the show with a remembrance that today, June 6 th is the 80 th anniversary of D-Day. Chris and Jeff offer personal commentary on the meaning of today and reflect on current events. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

The work-from-home stocks – Brian Regan joins Chris Boyd and Jeff Perry for a conversation about the work-from-home pandemic era stocks, including Zoom, Twilio, and Peloton. The trio discusses how each company exemplifies the highs and lows of pandemic-fueled growth and the challenges of sustaining momentum in a post- pandemic world. Brian offers his commentary whether any of these companies are investable now “that they’ve fallen back to earth?” Not just for the specific stocks discussed, but as the dust of the pandemic settles, the dialogue continues how these types of companies are facing the critical task of redefining their paths for top line and operating margin growth in an ever-changing work environment. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Feelings vs. Facts – As a follow up to a recent discussion about how the majority of Americans feel as if the economy is in a recession and the financial markets are struggling, Brian Regan joins Chris Boyd and Jeff Perry to talk about how the emotions/feelings of many clients do not match the data. Chris proposes a theory that much of this disconnect is related to how inflation has put pressure on household budgets. Jeff weights in that the presidential election, increasing national debt, and wars in the Middle East and Ukraine add to investor concerns. Brian brings in a variety of data points which demonstrates that the feelings of investors are not correlated with the strength of the US economy or the financial markets. At the end of the episode Jeff and Chris discuss the growing trend of investors considering Roth IRA conversions. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Duffy Health Center Update – Heidi Nelson, CEO of Duffy Health Center joins Chris Boyd and Jeff Perry with an update on Duffy’s efforts to prevent and serve the homeless individuals and families on Cape Cod. Heidi shares a personal announcement of her upcoming 2025 retirement and offers her thoughts on recent data concerning the scope of homelessness across the Cape. Heidi answers questions about the challenges and opportunities of providing medical, mental health, and addiction treatment to the homeless population. Heidi invites people to learn more about Duffy and ways to support their efforts at the below link: https://duffyhealthcenter.org/services/ For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Memorial Day Weekend and In the News – With Memorial Day approaching, Chris Boyd and Jeff Perry reflect on the true meaning of Memorial Day. They highlight the Cape Cod Cares for the Troops event happening on Sunday, May 26 th (see link below) as they outline the excellent work done by Michelle and Dylan DeSilva. Chris and Jeff next discuss that despite recent economic data, most Americans feel like they are living in a recession (see related story below). Continuing with items in the news, Chris mentions data from the last week that shows the United States level of national debt is now $34.5T (see link below)! Chris and Jeff discuss the potential economic and political impacts that rising debt may have, including rising taxes, entitlement reform, and reduced spending. http://capecod4thetroops.com/ https://www.cnbc.com/2024/05/22/most-americans-falsely-think-the-us-is-in-recession- poll-shows.html https://www.cnbc.com/2024/05/19/soaring-debt-and-deficits-causing-worry-about- threats-to-the-economy-and-mar

What is it worth? – How does one put a value on collaborating with a good financial advisor? Chris Boyd and Jeff Perry explore this question and more. Chris and Jeff begin the conversation by outlining the various roles of a financial advisor. Chris explains the importance of working with a Fiduciary. Jeff suggests a 3-question test before selecting the right financial advisor. A wide range of topics are discussed including making the decision when to retire, claiming social security, asset allocation, risk tolerance, estate planning, tax planning, Roth conversions, retirement cash-flow projections, stress testing a plan, and avoiding financial mistakes. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Best Night - Cape Cod – Chris Boyd and Jeff Perry welcome Bert Talerman, President of Cape Cod 5 Bank. The episode starts off with congratulations to Bert for being recognized with the Visionary Award from the Cape and Islands United Way. Chris outlines the various efforts the United Way provides funding and services. Bert next answers Chris’s questions about the current banking environment and economic conditions on Cape Cod. Jeff expresses appreciation to Bert and Cape Cod 5 for their efforts to enhance financial literacy. Jeff shares a story of a program offered at the Barnstable County House of Correction which instructs inmates on basic banking and personal finance. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

8 Ways to become poor in your Retirement – Chris Boyd and Jeff Perry review an article which outlines common financial mistakes baby boomers are making in their retirement years (see link below). Having too much consumer debt, starting social security too soon, having too much house, not having a realistic budget, and selling your investments at the wrong time are some of the issues covered. https://www.gobankingrates.com/retirement/planning/ways-baby-boomers-become-poor- in-retirement/ For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Cape Cod Housing Challenges – Alisa Magnotta from the Housing Assistance Corp (HAC) of Cape Cod joins Chris Boyd and Jeff Perry to discuss the numerous housing related challenges in the region. Alisa reviews the wide range of services and programs of HAC in attempts to bridge issues between homelessness and homeownership. The discussion highlights the growing issues of homelessness, including an increasing number of senior citizens, and the ever-present need for additional workforce housing. Chris asks Alisa how people can assist HAC with their efforts. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

What is the economic data telling us? – Chris Boyd and Jeff Perry explore the financial data reports from the past week, including the Producer Price Index, Consumer Price Index, Retail Sales, and Consumer Debt. Chris reviews comments from Federal Reserve Chairman Jerome Powell regarding the Federal Reserve’s efforts to tame inflation. Jeff discusses the impacts that higher interest rates are having on consumer spending and willingness to take on debt. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Should you worry about a declining birth rate? –The world is at a startling demographic milestone. Sometime soon, the global fertility rate will drop below the point needed to keep population constant. It may have already happened. Chris Boyd and Jeff Perry review a recent Wall Street Journal article discussing what declining birth rates mean to the economy, investing and the quality of life (see link below). https://www.wsj.com/world/birthrates-global-decline-cause-ddaf8be2 For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Earnings and what really matters – Chris Boyd welcomes Brian Regan to the show. With approximately 80% of corporate earnings reported for this quarter, Brian outlines common trends he is seeing from these earnings. Jeff Perry questions Brian about areas of concern that CEO’s and investors may be focused on. Brian explains how he approaches evaluating a company to invest in and the trio discuss how stock buybacks and dividends can be positive or negative for a stock. Chris asks Brian how he makes the decision when it is time to sell a specific investment. Brian reflects on an article he recently authored on the subject. A link is noted below. https://www.thestreet.com/retirement-daily/your-money/thinking-slow-about-stocks-how- kahnemans-insights-improved-my-investment-results For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

5 Conversations with your Financial Advisor - Based on the recently published article in Financial Planning (linked below), there are five extraordinary circumstances that go beyond the basic retirement planning that advisors should address with clients. The topics of discussion include non-traditional relationships and what happens when things go wrong, special issues with minor children, estate planning in second marriages, health challenges, and income tax surprises.  Chris and Jeff also dig into some frequent areas where people with good intentions neglect to consider when putting together their financial plans. https://www.financial-planning.com/list/5-financial-planning-conversations-for- clients-in-2024 For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

The Retirement Smile – Chris Boyd and Jeff Perry explore personal spending patterns when people enter retirement. The Retirement Smile shows increased spending in the early and late stages of retirement. Chris and Jeff dig into the reasons for this phenomenon and how to create a financial plan to best reflect projected spending and capital needs. Chris also brings up a Wall Street Journal article indicating that most people expect their retirement age to be sixty-five, but reality tells a vastly different story. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Mail Bag – For this episode, Chris Boyd and Jeff Perry open the “Mail Bag” and discuss questions from clients and listeners. Chris and Jeff start the episode with a Happy Mother’s Day wish. During the episode, Chris and Jeff discuss the “Still Working” exception related to 401Ks and required minimum distributions (RMDs), how to use a QCD (qualified charitable distribution) to reduce income taxes, and best practices when planning for loved ones with special needs. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr

AI and the Human Element of Marketing – Michael Byrnes of Byrnes Consulting joins Chris Boyd and Jeff Perry to discuss how Artificial Intelligence is changing how companies do business and how consumers receive information. In addition to discussing how changes in technology impact businesses and the manner in which they market their goods and services to customers, Michael, Chris, and Jeff discuss instances of Cause Related Marketing. The conversations explores recent examples of how organizations succeed or fail in such efforts. https://www.byrnesconsulting.com/founder-and-president/ For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

17th Anniversary & Changing Times – The Something More with Chris Boyd Radio Show has been on WXTK 95.1FM for 17 years! Chris Boyd and Jeff Perry have a wide- ranging conversation about how the radio show has changed and developed over the years. With a little bit of reminiscing and looking into the future, Chris offers his personal thoughts and business perspective on why the Something More with Chris Boyd Show is soon moving entirely to podcasts. Listeners are encouraged to follow the show on their favorite podcast channel and also to listen live to the final radio show from 3:00pm – 5:00pm on Saturday, June 1 st on 95.1FM WXTK. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

Investors who are more like Gamblers – Brian Regan, Team AMR’s Senior Portfolio Manager, joins Chris Boyd and Jeff Perry and shares his commentary on what he perceives as a growing trend of people “gambling” in the stock market by investing in financially unsound companies. Brian goes into detail and reflects how far too many people are buying stocks in companies close to bankruptcy. The trio also explores the common Wall Street saying of “Sell in May and go away”. Chris and Jeff explore whether there is any value of such a tactic. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr  

In the News this Week – For this episode, Chris Boyd and Jeff Perry dig into financially related news items from the last week. Chris and Jeff start off with a discussion of the Federal Reserve’s decision to keep interest rates at current levels. Chris and Jeff explore the direct and indirect impacts of such a decision on the stock market, mortgage rates, and the national debt. Jeff next mentions the comments of President Biden that if reelected he will not extend the Trump era tax cuts. Chris and Jeff provide their thoughts of what this could mean to taxpayers and investors. Also, in the news this week is the 150th running of the Kentucky Derby. Chris shares his plans for how he will enjoy race day. For more information or to reach Chris Boyd or Jeff Perry, click the below link: https://www.wealthenhancement.com/s/advisor-teams/amr