The Compound Commitment

Mike Nilson
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Welcome to the Compound Commitment, where we focus on the small actions that compound over time.  I'm your host, Mike Nilson.  Join me every Tuesday as we build the habits that support wealth, health, and happiness.  Each week, we share insights on investing, wealth management, and financial planning alongside practical strategies for nutrition, sleep, relationships and happiness.  Check out compoundcommitment.com to sign up for a complimentary 30-Day Wealth, Health, or Happiness Commitment.  

  1. 6 дн. тому

    Bringing Families Together: How to Hold a Family Legacy Meeting w/ Iran Harvell

    Episode 044: We've talked about the legal documents.  We've talked about values, legacy, and trusts.  Now comes the hardest—and arguably the most important—part of the process: Talking about it. In the final episode of this three-part series, estate planning attorney Iran Harvell shares how families can have meaningful conversations about money, legacy, and the future before a crisis forces them to. Because the best estate plans don't begin with legal documents. They begin around the dinner table. Iran walks through why family meetings matter, when to have them, who should be included, what should be shared, and how parents can begin introducing these conversations to children in age-appropriate ways. She also shares common mistakes families make, stories from her own experience, and practical ideas to help you start the conversation with confidence. If there's one lesson I've learned through my own family's journey, it's this: your estate plan should never be a surprise your family discovers after you're gone. It should be an ongoing conversation that strengthens your relationships while you're still here. In this episode, you'll learn:  - Why family meetings are one of the most overlooked parts of estate planning  - When to start having conversations about money and legacy  - Who should be included in a family meeting  - A simple agenda for your first family meeting  - Common mistakes families make—and how to avoid them  - How to include children in age-appropriate conversations  - Ways to reinforce family values, not just financial information  - Simple ways to start the conversation this week My biggest takeaway from this series is that estate planning isn't really about documents, trusts, or taxes. It's about people. The legal documents provide the framework, but the conversations are what give those documents life. And sometimes, the greatest legacy we leave isn't measured by what we pass down—it's measured by the relationships we strengthen along the way.

  2. 14 лип.

    Passing Down More Than Money: Values, Legacy & Trusts w/ Iran Harvell

    Episode 043: In Part One of this series, Iran Harvell reminded us that estate planning isn't really about documents—it's about people. Today, we take the next step. Before we talk about trusts, revocable versus irrevocable, or any of the legal strategies families use to protect their wealth, we start with a much more important question: What is your money for? One of the greatest gifts my parents gave my siblings and me wasn't financial. It was clarity. Together, we created a family legacy document that defined our values, our purpose, and the role we wanted money to play in our lives. That experience completely changed the way I think about wealth. In this conversation, Iran shares why legacy is about so much more than passing down money. We discuss how families can intentionally pass down values, why trusts aren't just for wealthy families, and how the right planning can help protect not only your assets, but the people you love. Whether you're just beginning to think about estate planning or already have a trust in place, I think this episode will encourage you to think beyond legal documents and ask the bigger question: What kind of legacy do you want to leave? In this episode, you'll learn:  - Why legacy begins with values, not wealth  - How families can define what money is really for  - The difference between a will and a trust  - When a revocable trust makes sense  - Why someone might choose an irrevocable trust  - Common misconceptions about trusts  - How trusts can protect beneficiaries, not just distribute assets  - Practical steps to begin building a lasting family legacy My biggest takeaway from this conversation is that money, by itself, doesn't create a legacy. Legacy comes from the values, relationships, and experiences that money supports. Trusts are simply one of the tools that can help those values live on long after we're gone.

  3. 7 лип.

    Protecting the People You Love: The Estate Planning Documents Every Adult Needs w/ Iran Harvell

    Episode 042: Estate planning is one of those topics that many people know they should address, yet far too many families put it off until it's too late. In Part One of my three-part conversation with estate attorney Iran Harvell, we focus on the foundational estate planning documents that every adult should understand and have in place. Iran serves as the Executive Director of Estate & Financial Planning at Hightower Advisors and has spent her career helping families navigate some of life's most important legal, financial, and legacy decisions. What I appreciate most about Iran is her ability to make complex topics simple and approachable. In this episode, we discuss the key documents that help protect you and the people you love, including wills, durable powers of attorney, healthcare powers of attorney, living wills, HIPAA releases, and more. Iran explains what each document does, why it matters, and the potential consequences families may face when these documents aren't in place. We also discuss when people should create these documents, how often they should be reviewed, whether online or AI-generated documents are sufficient, and the simple first steps anyone can take to get started. One of my biggest takeaways from this conversation is that estate planning isn't really about documents—it's about people. These tools help provide clarity during difficult times and can be one of the greatest gifts you leave for your loved ones. In this episode, you'll learn: • The essential estate planning documents every adult should have  • What happens when someone passes away without a will  • Why powers of attorney are just as important as wills  • The difference between healthcare directives and living wills  • How HIPAA releases can help families avoid unnecessary complications  • Whether online and AI-generated documents are enough  • When to create, review, and update your estate plan  • The first step families can take to get started today Whether you're just beginning your estate planning journey or looking to review what you already have in place, this episode provides practical guidance to help protect the people you love.

  4. 30 черв.

    Growth with Guardrails: Understanding Buffered ETFs w/ Matt Kaufman, CETF

    Episode 041: Many investors ask the same question: Is there a way to participate in the stock market's growth without taking on all of the downside risk? In this episode, I sit down with Matt Kaufman, Senior Vice President and Head of ETFs at Calamos Investments, to explore one of the fastest-growing areas of investing: buffered ETFs. Matt has spent more than two decades in the financial industry and has helped design and build hundreds of investment products. He does a fantastic job breaking down a topic that can sound complex and making it easy to understand. We start with the basics by discussing what ETFs are and why they've become so popular with investors. From there, Matt explains how buffered ETFs work, how they seek to provide downside protection, and what investors give up in exchange for that protection. We also discuss who these strategies may be appropriate for, how they can fit within a portfolio, and some of the common misconceptions investors have about them. Whether you're a seasoned investor or simply looking for ways to navigate today's uncertain markets, this conversation will help you better understand the tradeoffs between risk, reward, and protection. In this episode, you'll learn: • What an ETF is and why they've become so popular  • How buffered ETFs seek to limit downside risk  • The tradeoffs investors should understand before investing  • Who may benefit most from buffered ETF strategies  • How buffered ETFs can fit into a broader portfolio  • What the future may hold for risk-managed investing If you've ever wondered whether there is a middle ground between being fully invested and sitting on the sidelines, this episode is for you.

  5. 23 черв.

    The Ultimate Teammate: Leadership, Sacrifice & Success w/ Gonzaga's Jalen Warley

    Episode 040: Success isn't always measured by points scored, shots made, or individual accolades. Some of the most valuable players are the ones who do the little things that help teams win. In this episode, I sit down with Gonzaga guard Jalen Warley to discuss the mindset, habits, and work ethic that have helped him become one of the most versatile players in college basketball. What I've always admired about Jalen is his willingness to do whatever the team needs. Whether it's defending multiple positions, crashing the boards, creating opportunities for teammates, or sacrificing personal statistics for the good of the program, he's built his game around winning. In our conversation, Jalen shares how he approaches defense, what goes into becoming an elite rebounder as a guard, and the mindset required to impact the game in ways that don't always show up in the box score. We also discuss leadership, preparation, and how he developed the versatility to play multiple positions at a high level. As Jalen prepares for the NBA Draft, we dive into his pre-draft workouts, what NBA teams are looking for, and the mental approach required to compete at the highest level of the game. One of my biggest takeaways from this conversation is that success often comes from consistently doing the small things well. The habits, discipline, and sacrifices that nobody sees have a way of compounding into opportunities, trust, and long-term success. In this episode, you'll learn: • How Jalen developed his defensive mindset  • What makes a great rebounder, regardless of position  • The advantages of being a versatile, positionless player  • Why team success often requires individual sacrifice  • How Jalen approaches leadership and being a great teammate  • What NBA pre-draft workouts are really like  • The mindset required to compete at the highest level  • How small daily habits compound into long-term success Whether you're an athlete, coach, parent, or simply someone interested in personal growth, this conversation is packed with lessons about discipline, teamwork, leadership, and the power of doing the little things right. Go Zags!

  6. 16 черв.

    Part 3: Ray Dalio's Holy Grail of Investing (The Athlete's Guide to Building Wealth)

    Episode 039:  In Part 3 of The Athlete’s Guide to Investing, I shift the conversation from building wealth to protecting it. Because making money is only part of the equation.  Learning how to keep it, manage risk, and build resilient systems matters just as much. In this episode, I break down some of the biggest lessons I’ve learned studying Ray Dalio and diversification, including:  • The importance of uncorrelated assets  • Why diversification is really about protection and flexibility  • How to think about risk and volatility  • The difference between liquidity, income, volatility, and expected return  • Why every investment involves tradeoffs  • How to build a system that can survive uncertainty over time I also share some of my own experiences with real estate, investing, and learning how to think more long term about financial decision making. My goal with this series has never been to overcomplicate investing. It’s to help athletes build simple systems, think long term, and create more freedom and flexibility over time. Because wealth is not built through hype. It’s built through discipline, patience, and consistency. Keep compounding.

  7. 9 черв.

    Part 2: Warren Buffett & The Power of Index Funds (The Athlete's Guide to Building Wealth)

    Episode 038: In Episode 2 of The Athlete’s Guide to Investing, I talk about one of the biggest mindset shifts that changed the way I think about investing: Stop thinking like a gambler.  Start thinking like an owner. After studying Warren Buffett for years, I realized that investing is not about chasing stock tips or trying to predict the next hot company. It’s about understanding businesses, ownership, and long-term value. In this episode, I break down:  • Why price and value are not the same thing  • How Warren Buffett evaluates investments  • The basics of P&L statements and balance sheets  • The 4 M’s of investing  • Why index funds simplify investing for most people  • How athletes can apply discipline and long-term thinking to building wealth I also share some of my own experiences investing in real estate and how those lessons helped me better understand business and investing over time. My goal with this series is to help athletes feel more confident around money and investing — not by overcomplicating things, but by building simple systems and long-term habits. Because investing is not about hype. It’s about ownership. Keep compounding.

  8. 2 черв.

    Part 1: Think Like an Investor (The Athlete's Guide to Building Wealth)

    Episode 037: In Episode 1 of The Athlete’s Guide to Investing, I introduce a simple idea that changed the way I think about money: Many of the same habits that help athletes succeed in sports — discipline, consistency, patience, and repetition — can also apply to building long-term wealth. In this episode, I break down:  • The power of compounding  • Why starting early matters  • The importance of paying yourself first  • The 3 Buckets System for managing money  • How lifestyle creep can quietly destroy wealth  • Why automation and consistency matter more than perfection My goal with this series is to help athletes think differently about money — not just how to earn it, but how to build long-term freedom and ownership over time. Because you are not just an athlete. You are an investor. Keep compounding.

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Опис

Welcome to the Compound Commitment, where we focus on the small actions that compound over time.  I'm your host, Mike Nilson.  Join me every Tuesday as we build the habits that support wealth, health, and happiness.  Each week, we share insights on investing, wealth management, and financial planning alongside practical strategies for nutrition, sleep, relationships and happiness.  Check out compoundcommitment.com to sign up for a complimentary 30-Day Wealth, Health, or Happiness Commitment.  

Інформація

  • Автор
    Mike Nilson
  • Роки діяльності
    2019 - 2026
  • Епізоди
    169
  • Категорія
    Не відверті
  • Авторське право
    © 2026 The Compound Commitment
  • Вебсайт шоу
    The Compound Commitment

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