35 episodes

Welcome to Peoria Illinois' premiere financial podcast! On the show, CERTIFIED FINANCIAL PLANNER™ and author, Rockie Zeigler III, discusses investing and personal finance in a fun and easy to understand manner. We will also dig into topics such as taxes, the stock markets, debt pay-down strategies, how to increase your credit score, college savings accounts, how to protect your money from economic downturns and much more!
Let us know how we're doing!
Leave us a review or reach us at:
Rockie@rpzeigler.com or

Making Finance Fun Rockie Zeigler III

    • Investing
    • 5.0, 12 Ratings

Welcome to Peoria Illinois' premiere financial podcast! On the show, CERTIFIED FINANCIAL PLANNER™ and author, Rockie Zeigler III, discusses investing and personal finance in a fun and easy to understand manner. We will also dig into topics such as taxes, the stock markets, debt pay-down strategies, how to increase your credit score, college savings accounts, how to protect your money from economic downturns and much more!
Let us know how we're doing!
Leave us a review or reach us at:
Rockie@rpzeigler.com or

    What is a Stock Anyways?

    What is a Stock Anyways?

    What is a stock? What are the main types of stock? How can you buy stock? If you’re new to the world of investing—or simply want a refresher on industry terminology—listen to this episode of Making Finance Fun. Beginners and savvy investors alike can all benefit from getting back to the basics!
    Outline of This Episode [2:24] What is a stock? [4:59] What are the two types of stock? [10:50] How can you own stock? What is a stock?  According to Investopedia, “A stock is a security that represents the ownership of a fraction of a corporation.” NerdWallet defines stock as “A type of investment that represents an ownership share in a company.” I prefer the latter definition. Basically, a stock is a fractional ownership share of an organization. 
    If you want to own a small piece of Caterpillar, it will cost you around $140. A share of RLI will cost you $90. Simply put: when you buy a stock, you’re buying a fractional ownership share of whatever company you decide to buy into.
    Everyone thinks of publicly traded companies when they think of stock, but a stock can be a piece of a public OR private company. Theoretically, a small business can sell shares of their business (though most don’t). 
    The Two Types of Stock There are two types of stock: There is common stock and there is preferred stock. There are pros and cons to each. What are the main differences?
    According to The Balance, preferred stock owners “Do not have voting rights, but they do receive set dividends…” The main reason that people buy preferred stock is for the dividend. You may—it’s never guaranteed—get a higher dividend than if you had purchased common stock of the same company. It’s also more thinly traded, meaning you don’t typically see day-to-day stock swings. 
    On the flip side, according to Investopedia, “Common stock usually entitles the owner to vote at shareholders' meetings and to receive any dividends paid out by the corporation. Preferred stockholders generally do not have voting rights, though they have a higher claim on assets and earnings than the common stockholders.”
    The biggest difference between common stock and preferred stock? Those who own shares of preferred stock receive dividends before common shareholders. If the company goes bankrupt and is liquidated, preferred stockholders get paid back first. The common stockholder may or may not get anything at all. 
    Generally speaking, if a company wants to change its name, change its CEO, or change its board members they need to get stockholder approval. You as a common shareholder get to vote on it—preferred stockholders don’t get a say.
    What about taxes? What do they look like for each type? Listen to find out!
    The various ways to own stock What are your options for buying a stock? Here are the most common ways:
    The first way you can own stock is to buy individual stocks or equities. You can just go on a platform and buy the stock directly in the marketplace.  The second way is more indirect—through mutual funds. They’re just a collection of investments and most own stocks. Rather than own one stock, you own a small portion of a collection of different stocks.  You can also own stocks by purchasing ETFs.  You can own stock inside your 401k or IRA. Most 401ks’ typically only allow you to own mutual funds or ETFs versus individual stocks. Resources & People Mentioned What is Common Stock? Investopedia’s definition of a stock NerdWallet on Stock Connect With Rockie Website On Twitter: @AnxiousAdvisor On LinkedIn Subscribe to the show on the app of your choice
    Show notes by

    • 14 min
    Explaining the 4 Types of ETFs

    Explaining the 4 Types of ETFs

    There are four main types of ETFs: passive, active, factor, and sector. In 2019—According to this article—there were 6,970 ETFs globally. With so many options to choose from, how do you determine which fits your investment mix? Or if you want to invest in an ETF at all? In this episode of Making Finance Fun, I explain the four different types of ETFs to give you the information you need to accomplish what you want with your investments.
    Outline of This Episode [1:28] The 4 main types of ETFS [2:06] Passive ETFs [5:38] Active ETFs [9:24] Single and multifactor ETFs [16:02] Sector ETFs What is a passive ETF?  According to Investopedia, a Passive ETF is a vehicle to track an entire index or sector with a single security. What does that mean for you? It simply tracks an index. Single security is just a fancy term for an investment. A passive ETF is simply trying to get the same performance as some sort of index. With one purchase you can get roughly the same performance.
    For example, the Dow Jones is comprised of 30 large US-based companies. So rather than trying to buy equal amounts of all 30 you can buy an ETF that tracks the Dow Jones. As the types of ETFs go, these will generally be the cheapest ETFs you will find to own and you’ll likely see a market-like performance. 
    The definition of an active ETF So what are Actively Managed ETFs? These types of ETFs have a manager or team making decisions on the underlying portfolio allocation, otherwise not adhering to a passive investment strategy. Generally speaking, they may be trying to beat the S&P 500. An actively managed ETF will likely be more expensive than a passive ETF as far as investment fees and expense ratios go. Why?
    Let me explain—let’s say the investment group is buying Coke and they're selling Pepsi on a daily, weekly, monthly, quarterly, and yearly basis. The reason an active ETF is more expensive is because it consists of a team of people making investment decisions on an ongoing basis. You've essentially hired people to do something for you—not just copy an index. So they’re the exact opposite of a passive fund.
    What’s the deal with single factor and multifactor ETFs? A Factor ETF takes a factor from an index and makes an ETF out of it. For example, they might take the S&P 500 and create an ETF of only the companies that pay dividends (the dividend would be the factor). A factor ETF could choose to extract the companies with the highest dividend amount in terms of dollar amount or yield. So a single factor ETF chooses companies from an index based on ONE factor—whether it be by dividend, the largest companies, growth rate, etc. After they’re chosen, they’re more passively managed. 
    A multifactor ETF is simply an ETF that’s created from two or more factors. For example, the ETF could be composed of the companies with the highest dividends AND the largest annual growth. Let’s use Vanguard as an example: Vanguard has a Mega Cap ETF that is a single factor ETF. Vanguard also has a multifactor ETF—the Mega Cap Value ETF. To hear more specific examples and explanations about these two types of ETFs, make sure you listen!
    Sector ETFs explained The fourth type of ETF is a Sector ETF (what I prefer to refer to as a specific ETF). According to Investopedia, these types of ETFs invest in the stocks and securities of a specific industry or sector, typically identified in the fund title. Examples might be Pepsi, Coke, Proctor & Gamble, Walmart, Costco, etc. They can be referred to as consumer staple companies. So the ETF consists of a company or companies that sell consumer staples. With these types of ETFs, you get a little bit better exposure and diversification versus simply purchasing the stock itself.
    Ultimately, the types of ETFs you choose to buy—or don’t buy—depends on what you’re looking for. If you want something more

    • 21 min
    What Does The Phase 4 Reopening Plan Mean For The Peoria IL Area?

    What Does The Phase 4 Reopening Plan Mean For The Peoria IL Area?

    Recently, the North Central region of Illinois advanced into Phase 4 of the Restore Illinois coronavirus response package put together by JB Pritzker. Indoor dining has resumed (on a limited basis), as has the ability for movie theaters to resume operations. 
    Phase 4 is entitled "Revitalization." While face coverings are still to remain the norm in this phase, we have begun to "reopen."
    What does this mean for our local economy here in Peoria IL? If you are a small business owner, what are the challenges and opportunities now?
    In this episode, I discuss a little bit about how The Restore Illinois Phase 4 will impact the economy in Central Illinois. 
    Connect With Rockie
    Website Twitter : @AnxiousAdvisor LinkedIn  Sources Mentioned

    • 23 min
    Cash Balance Pension Plans 101

    Cash Balance Pension Plans 101

    What is a cash balance pension plan? What do you do with a cash balance pension plan? How is money contributed and how is it dispersed when you retire? In this episode of Making Finance Fun, I answer some frequently asked questions about this specific type of pension plan. If you work at the Hallmark Cards Inc. facility in Metamora, IL—this episode is for you! 
    Outline of This Episode [1:30] Just what is a cash balance pension plan?  [2:47] What does all this mean? [3:54] What makes cash balance pension plans unique?  [8:21] The pros + cons of monthly payments [9:58] The pros + cons of the lump sum option [11:17] What does your final decision come down to? Just what is a cash balance pension plan?  According to Investopedia, A cash balance pension plan is: “A pension plan with the option of a lifetime annuity. For a cash balance plan, the employer credits a participant's account with a set percentage of their yearly compensation plus interest charges.” They also note that changes in the portfolio will not affect the benefits received by the participant when they retire or are terminated. 
    So what does all this mean? There are generally two types of benefit plans: There is a defined contribution plan such as a 401k or 403B where you’re the one contributing the money and your employer may or may not match it. This is what most people are familiar with. Then there are defined benefit plans, where you have upon retirement a specific defined benefit dispersed monthly or in a lump sum. The second category is where a cash balance pension plan lands. 
    The key difference between the two types of plans The biggest difference about a cash balance pension plan is that you—the employee—are not contributing money into the plan. Another difference is that each participant has their own account vs. one large pension that’s dispersed among all participants. The employer contributes a specified amount each year, typically a percentage of their yearly compensation (i.e. it could be 5%). There will also be an interest credit that will be applied. These types of plans also give you two choices for disbursement of the funds once you retire or are receiving a severance package. 
    Option #1: a guaranteed monthly payment The first option for the disbursement of a cash balance pension plan is monthly payments. Commonly, you are offering a guaranteed monthly payment of a specified amount until the day you die. You may also have the option of choosing how the amount is distributed—such as split between you and a spouse, a higher monthly amount for 10 years, etc. At this time, I’ve only seen this for Hallmark Cards Inc. employees.
    So how do you decide if this is the right option for you? Think about your monthly expenses during your retirement. Do you need an extra dollar amount per month? Will your social security be enough to cover your expenses? Or you just haven’t saved enough? The monthly payments may be the route to take if you NEED the guaranteed payments. What are the possible disadvantages of this option? What happens to the money if you pass away? Listen to find out!
    Option #2: taking one lump sum The second option for the disbursement of a cash balance pension plan is taking the money in one lump sum. The biggest advantage is that you can take that lump sum and do whatever you want with it. You can roll it into an IRA, you can use it to pay off debt, or even towards vacations. The bottom line is you can spend it however you like. The downside is that there aren’t a lot of investments that can guarantee you a monthly payment for the rest of your life that the first option offers. You’ll also likely be charged taxes on the lump sum. 
    So what does it boil down to? Really, it’s what is most important to you. It’s a highly personal decision. If you’d prefer a lump sum to do with as you please then go th

    • 13 min
    Choosing Between Mutual Funds and ETFs [4 Key Differences] 

    Choosing Between Mutual Funds and ETFs [4 Key Differences] 

    What is the difference between a mutual fund and an ETF? Which should you buy—a mutual fund or an ETF? What are the deciding factors? In this episode of Making Finance Fun, I take a deep dive into mutual funds and ETFs. I’ll define the two terms, talk about FOUR key differences, and even give you a glimpse into the book I wrote: Mutual Funds Are So 1999: How & Why ETFs Have Disrupted the Trillion Dollar Mutual Fund Industry.If you’ve thought about investing in mutual funds or ETFs, don’t miss this episode!
    ***Put Buttons Above DATE in final post***
    Outline of This Episode [1:54] The definition of a mutual Fund and ETF [3:40] How are mutual funds and ETFs similar? [6:52] The FOUR key differences [7:30] Difference #1: Fees/expense ratio [13:52] Difference #2: Management style + performance [19:54] Difference #3: Buying and selling ETFs/mutual funds [25:19] Difference #4: Which is more tax efficient?  [30:10] Which to buy: Mutual funds or ETFs? So just what are mutual funds and ETFs? According to Investopedia, an Exchange Traded Fund (ETF) is: “A type of security that involves a collection of securities—such as stocks—that often tracks an underlying index, although they can invest in any number of industry sectors or use various strategies.”
    A mutual fund is: “A type of financial vehicle made up of a pool of money collected from many investors to invest in securities like stocks, bonds, money market instruments, and other assets. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.”
    The long and short of it is this: Both mutual funds and ETFs are a group of investments with a collective purpose. 
    Difference #1: Fees/expense ratio Nearly every single mutual fund has some sort of fee involved in it somehow. The associated fee (or expense ratio) differs between whether or not your mutual fund or ETF is actively managed or passively managed. Actively managed simply means that a manager(s) buys and sells on a daily, weekly, monthly basis on your behalf. Passively managed means that the mutual fund or ETF is following a benchmark they’re associated with (Dow Jones, S&P 500, NASDAQ, etc.). 
    On average, an actively managed mutual fund charges 1.09% annually. A passive mutual fund charges an average rate of 0.79%. On the flip side, a passively managed ETF costs roughly 0.57% annually versus 0.6% for an actively managed ETF. The cost differences make sense—after all, if someone is actively managing the group of investments, they have to get paid.
    Difference #2: Management style + performance Hypothetically speaking, the running theory is that if you pay more, you should do better. Right? So I did some digging and took a look at the SPIVA US scorecard, which attempts to look at performance differences between actively managed funds and passively managed funds.
    According to this report, 70% of domestic stock funds lagged the S&P Composite 1500 making for the 4th worst performance since 2001. Actively managed funds did NOT have a good year last year. Looking over the performance for 15 years, less than 10% of actively managed funds beat the S&P 500. 
    Keep listening as I dissect the numbers and share how different sectors performed in actively and passively managed mutual funds and ETFs. 
    Difference #3: How Mutual Funds and ETFs are bought and sold I’ll cover this briefly, but if you want an in-depth look at how these are bought and sold, be sure to check out my book!
    An ETF trades throughout the day on an exchange (trading platform) just like a stock. You can buy an ETF at 10:30 and sell it at 10:45. You’ll know what share price you’re buying and selling it for. You can also set a limit order so that your ETFs sell at a minimum amount (if the value is dropping) or a maximum amount (if the stock is rising). 
    It is NOT the same with

    • 35 min
    A Discussion With RP Zeigler Investments Operations Manager Amanda LeQuia

    A Discussion With RP Zeigler Investments Operations Manager Amanda LeQuia

    On today's episode, we get to know Amanda LeQuia a little bit  better. Among other things, she is the Operations Manager at my firm RP Zeigler Investments, the Operations Manager at The Pizza Peel, a military fiance, and just flat out a great person to be around. 
    We dive into such topics as her upcoming wedding this fall, her job duties here at the firm and at the Pizza Peel, her current obsession with candles, favorite movies, guilty pleasures, hobbies and much more. 
    "I'm an open book," as she likes to say, and all of you listeners out there will get a peek into her life on this episode. 
    Amanda LeQuia everybody......
    Find out more at:

    • 44 min

Customer Reviews

5.0 out of 5
12 Ratings

12 Ratings

GLGrombacher ,

Rockie’s great!

Personal finance and investing can be a boring subject, but Rockie does a great job keeping things fun and interesting. Definitely worth a listen!

ctiamom13 ,


Rockie does an amazing job breaking down complex financial topics into easy to understand lingo. Very informative!

cooperj44 ,

Makes it easy!

Rockie does a great job making financial news easy to understand and is very entertaining! Not bad for a NCHS grad...

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