108 episodes

Welcome to the Payne Points of Wealth: The podcast that addresses all the pain points that come with creating your wealth, growing your wealth, and sustaining your wealth. Hosted by the Family Wealth Experts of Payne Capital Management, Bob, Ryan & Chris Payne. On a weekly basis, they deliver timely strategies and solutions for the pain points that come with building, preserving and managing your wealth.

Payne Points of Wealth Ryan Payne

    • Business
    • 5.0 • 604 Ratings

Welcome to the Payne Points of Wealth: The podcast that addresses all the pain points that come with creating your wealth, growing your wealth, and sustaining your wealth. Hosted by the Family Wealth Experts of Payne Capital Management, Bob, Ryan & Chris Payne. On a weekly basis, they deliver timely strategies and solutions for the pain points that come with building, preserving and managing your wealth.

    Don’t fight the Fed? Or, don’t trust the Fed.

    Don’t fight the Fed? Or, don’t trust the Fed.

    It’s episode 109, the first podcast of the year and there is a lot going on right now. Europe, emerging markets going through the roof. Interest rates dropping like a rock. Yet the Fed says they’re going to keep rates higher for longer.
    Who’s right? The bond market or the Fed? Every economist telling you we’re still going into recession. Yet employment is strong. Inflation is coming down. Well, we’re going to give you our 2 cents on everything today, give you a blueprint for how to look at the economy, and how to look at the stock market this year. And we got tons of questions from you, the listener over this holiday season.
    We’re going to answer your questions today to make sure you’re on your path to financial independence.
    Don’t fight the Fed? Or, don’t trust the Fed.
    The oldest adage on Wall Street is don’t fight the Fed. But it seems like everything they say the opposite is of what’s happening or they’ve done the opposite. Or, they don’t always follow through on what they say they’re going to do. 
    The Fed has been reactionary
    In the face of good economic data, the Fed says we’re going to raise rates and keep rates higher for longer. Analysts and strategists are believing it is gospel. A year ago they didn’t believe anything the Fed said.




    ”I’m not listening to the Fed. I'm listening to the bond market.
    Bob Payne



    Prices have been dropping. Oil, copper, and corn prices have come down a lot. Inflation is dropping. And we somehow believe that the Fed isn’t going to capitulate and lower rates?
    Look at the markets, it’s the difference between reality and expectation. That’s where prices are. And misery loves company. So when you have 60% of the economists predicting a recession, it’s comfortable to be there. You don’t want to be the outlier.
    It’s not just the Fed. The strategists and analysts talking about recession. I think we’re being a little harsh to the Fed. They’re not the only ones. They’re in good company. Let’s talk about the strategists, the analysts, and the economists that have said that we’re going into recession. But what does the data say? 
    Positive signs for the economy. We’ve got a strong labor market. We have inflation coming down, Wages are staying strong. But it is remarkable with all the economic data being relatively strong, professionals and experts are coming to the same conclusion…Recession.
    The experts were wrong about Europe. Look at the best-performing part of the portfolio year to date. And the last six months happen to be in Europe and emerging markets. 70% of the markets around the world outperformed the U.S.  We’ve heard the conventional wisdom, “Oh, don’t put your money in Europe, don’t put it in China. China is never going to come out of lockdown.”
    The experts were wrong about China. The second-largest economy in the world, and they’re never going to come out of lockdown. They are coming out of lockdown and it’s very good for the global economy. Who would have thought that? And if you read the news last year, nobody was talking about that.

    • 29 min
    2022 was a stinker, but 2023 might be a winner. Ep #108

    2022 was a stinker, but 2023 might be a winner. Ep #108

    It’s episode 108, the last episode of the year. And let’s face it, everything’s interesting. Into the end of the year. Markets are extremely volatile. They’re not letting up. We have the most volatility since 2008. Are we going to a recession next year? The debate continues as Labor continues to be strong. The Fed keeps talking tough when it comes to Fed policy.
    The big question is what are earnings going to look like next year? We’re going to about positioning your portfolio for the new year ahead. On the tipping point today, we’re going to talk about what financial products would you want in your stocking this Christmas and what financial products you definitely want to do without.

    • 28 min
    Your EGO is Destroying Your Financial Independence!? Ep #107

    Your EGO is Destroying Your Financial Independence!? Ep #107

    It’s episode 107 of Payne Points of Wealth and economic data continues to come in relatively strong. Meanwhile, inflation is starting to plummet, whether it's oil prices, lumber costs, supply chains easing. We're starting to see some relief within the economy. Is this a good thing? Is this a bad thing or is this just a fake out? As Wall Street continues to tell us the economy is about to fall off a cliff? On the Tipping Point, we're going to talk about your EGO and why it's ruining your financial independence plan.
    You will want to hear this episode if you are interested in...
    Mortgage rates are coming down [1:28]
    The Dow Jones did 20% over two months [2:05]
    They keep saying it's a foregone conclusion that we're going to have a recession [2:24]
    The banks are making a huge profit on your cash right now [3:50]
    Investor sentiment is really negative right now [5:45]
    Latin America is hot, the 14% for the year. [6:50]
    The Tipping Points [11:50]
    No one can beat the market. [12:40]
    Hidden Facts of Finance [30:40]
    This week on the tipping point: Your ego is ruining your financial independence plan.
    And I would say that one of the biggest mistakes investors make when you're trying to plan for your financial independence is you let your ego get in the way. And nothing makes for a worse financial plan than letting your ego dictate a lot of your financial decisions.
    There's never been a company or an individual that's been able to consistently outperform the market. But what do people do? They've got to try and prove that because "My ego says I can do it. I'm going to go out there and underperform, even lose money trying."
    This week’s hidden facts of finance
    A recent survey shows 84% of companies are planning to hire in 2023.
    Random length lumber for January delivery settled at $423.80 per 1000 board feet on November 29. That's down 63% for the year.
    In 1976, the Eagles released Hotel California selling 32 million copies worldwide, making it the sixth best-selling album of all time.
      See if you qualify for a complimentary financial review from the Paynes
    Connect With Ryan, Bob, and Chris
    paynecm.com
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    Subscribe to Payne Points of Wealth On Apple Podcasts, On Google Podcasts, On Spotify

    • 25 min
    Don’t Invest In The Market You Want, Invest In The Market You Have, Ep #106

    Don’t Invest In The Market You Want, Invest In The Market You Have, Ep #106

    What's up! It's episode 106 of Payne Points of Wealth and the economy is looking a-okay! We've got the market rebounding into the end of the year. We've got wages going up, unemployment still low, and inflation is coming down. Are those economists and strategists on Wall Street actually, right? Are we going to fall off a cliff? Are we going to recession? Well, we're going to give you our viewpoint on that. We'll also give you our 2 cents on exactly where the economy's going. On the Tipping Point, we've got a special guest, Anthony O'Neill, a debt specialist. He's going to talk about money, his life, and relationship to money. It's a great show! Check it out.
    You will want to hear this episode if you are interested in...
    Missed opportunity in the international markets [2:01]
    Spending is still strong [7:18]
    The Tipping Point [9:14]
    Anthony’s background with money [10:19]
    The lack of financial education [15:09]
    Anthony’s mindset when it comes to wealth building [19:31]
    If you're throwing a Hail Mary pass you might be in trouble. [25:37]
    Hidden Facts of Finance [30:40]
    It's hard to be an investor
    You go back to 2008 when we started Payne Capital Management, we believed it was one of the greatest bull markets in history. We were right on the doorstep of it. Everybody was pretty negative, especially in the US market. Now it's going full circle. Now everybody's positive in the US market and negative in the international markets. They don't see the opportunity. But it's smacking you right in the face. 
    Who doesn't know that Taiwan could be invaded by China, who doesn't know that the US dollar is hurting non-US assets, and who doesn't know that there's an energy crisis in Europe? Meanwhile, most of the world doesn't know right now that in the UK, the British stock market, the Footsie, is outperforming the S&P, the DOW, and the Nasdaq. It's wild to think that England has gone positive for the year because when you look at the headlines their political system is a mess and they've got higher inflation than we do. But if we all know it then it's already priced into the market. It's kind of like this, it doesn't look good in Europe. Yeah, we know. But the market's already accounted for that. 
    This week on the tipping point: Anthony O’Neal dept specialist
    You'll need to check out the episode to hear all the wisdom dropped by Anthony O’Neal but here's a little teaser…
    "I believe that if you aim at nothing you'll hit that all the time. I believe that the caliber of your future will be determined by the caliber of goals and decisions that you make today. If you want your future to be bright, if you want your future to be wealthy, solid, fruitful, and joyful then you have to make fruitful and joyful goals and decisions today. It's important. 
    When I branched out on my own about two years ago, I said, "Where am I going? What do I want to accomplish?" My very first thought is I want to be intentional, I want to be impactful, and I want to be influential. Those three things will then produce income. So that's the main thing, are my goals intentional? Are my goals, if I accomplish them, will they be impactful to others? Will it be influential? And if the answer is yes to all three of those, then income will come. You can't anywhere without goals or without a vision. Really more so vision than goals when you think about it. Because goals mean that once you hit that goal, that comes to a stop. So I love goals but also, personally, I want a vision that is ongoing that is never going to stop. I'm going to keep going as long as I'm living on this earth."
    This week’s hidden facts of finance
    Apple has outperformed its peers by a wide margin this year. Apple is now worth more than Microsoft and META put together combined.
    There have been around 33,000 tech layoffs since the beginning of November. However, the economy generated something like 261,000 jobs in October and 200,000 in November. Simple math, more jobs are being created than are

    • 35 min
    The Market Is Smarter Than Everybody!, Ep #105

    The Market Is Smarter Than Everybody!, Ep #105

    What's up! It's episode 105 of Payne Points of Wealth and the economy continues to chug along. We had retail spending up even with record-high inflation. We're starting to see on the ground floor inflation coming down, and unemployment is still strong, yet every economist and strategist still say we're going to fall off a cliff. We're going to address that today. We've seen a huge rally in the global markets over the course of the last couple of weeks, specifically internationally. Should you be playing that in your portfolio? Well, we're gonna break it down for you. Check it out. 
    You will want to hear this episode if you are interested in...
    Are we going to see a healthy end-of-the-year rally? [1:04]
    The market is smarter than everybody! [4:52]
    The ‘Yeah…but’ market [7:29]
    The Tipping Point [11:59]
    Paying down debt [14:55]
    Do you readjust your portfolio? [16:04]
    Hidden Facts of Finance [18:58]
    Emerging markets are trending!
    Right now we're talking about how we don't know what's going to happen next, we don't know what's going on. But one thing I do know is what we don't expect is what's going to happen. We've seen this with what I call the pandemic hangover trade. We've seen disruptive technology, and it's still getting slaughtered here, even as markets are recovering, and I think one of the most obvious trends in the world is emerging markets. You look at the emerging markets right now, they've been growing faster than the US in terms of profits growth since like 1995, yet their stock market is in the same place it was in 2007. So there are a lot of places you can be allocating your capital right now that are dirt cheap that are poised to rise in the future.
    This week on the tipping point: When to take action and when not to
    When it comes to financial planning, sometimes it's good to take action, but other times it's better to maybe just hold back and let things play out. So let's talk about when you should be taking action and when you should not take action when it comes to your financial independence plan.
    A point of confusion, when it comes to action or no action, is eliminating debt. It's actually a trickier conversation than it used to be because at the beginning of this year your mortgage would typically be your largest debt and you were getting a 2-3% rate depending on how long you're going out. Now you're paying like 6-7% and it really becomes a portfolio decision and with rates so much higher right now, I would say unless you're locked into a lower rate it might be better to start paying off debt and as opposed to mortgaging, maybe just paying out right if you have cash because that's a real hard spread to get over the long term if you're starting to borrow at like 6-7%. 
    Another big
    This week’s hidden facts of finance
    India will have the highest growth rate of all countries over the next 10 years, there are also opportunities in parts of the Middle East, and North Africa, although capital markets in these places are still very early in development, you gotta have some money around the world.
    What do FTX, Vroom, Draft Kings, and Coinbase all have in common besides the fact they're down 62 to 98% so far this year? They all spent $6.5 million per 30 seconds for Super Bowl ads just less than a year ago.
    Since the inception date of 8/1/2001 CNBC's Jim Cramer's Action Alerts Plus portfolio returned a cumulative 210%. Compare that to the S&P 500's 398%, nearly 50% better.
    Resources & People Mentioned
    See if you qualify for a complimentary financial review from the Paynes
    Connect With Ryan, Bob, and Chris
    http://PayneCM.com 
    Follow on Twitter
    Follow on Facebook
    Follow on LinkedIn
    Subscribe on YouTube
    Follow on Instagram
    Subscribe to Payne Points of WealthOn Apple Podcasts, On Google Podcasts, On Spotify

    • 23 min
    If You Want To Be Wealthy You’ve Got To Be Patient, Ep #103

    If You Want To Be Wealthy You’ve Got To Be Patient, Ep #103

    What's up! It's episode 103 of Payne Points of Wealth and the FED just doesn't want us to have a good time. J Powell, again, talking extremely hawkish in its comments as we're recording this. However, we've got a hot job market, unemployment is still staying extremely low, close to a 50-year low. We just keep adding jobs and wages continue to go up as this economy is still on solid footing. Should we be rooting for a bad economy or rooting for a good economy? Well, we're going to give you our view. On the Tipping Point, we're going to talk about end-of-the-year tax and financial moves you can make to make sure you're on solid footing. 
    You will want to hear this episode if you are interested in...
    The little boy who cries wolf [1:10]
    Why stock equities are the ultimate hedge against inflation [4:41]
    Time in the market not timing the market [7:23]
    The Tipping Point [11:30]
    Hidden Facts of Finance [30:31]
    Getting paid to wait
    It's time in the markets, not timing the market. Let's just take the Federal Reserve's conference call the other day, in the course of a half hour the market went up 400 points from what was perceived as dovish comments then closed 500 points down. That's virtually a thousand-point swing, a thousand points in a period of two hours! You're gonna invest in that mess? The whole idea is that this short-term volatility tells you nothing. Trying to game it or time it is so futile, it's ridiculous. Meanwhile, when you have a diversified portfolio, you're making money every day. Your dividends accrue, your interest is accrued, you earn it, it's yours, and you get paid to wait! 
    This week on the tipping point: Pro Tips for Tax Optimization 
    It's the end of the year. It's coming up on tax time so this is the time to really look at your portfolio. We thought it would be a good time to talk about some of the pro moves that we use with our clients at our boutique firm Payne Capital Management, some of the strategies we use at the end of the year that our listeners can apply to their portfolio to optimize their portfolio for their financial independence. 
    One of the things that we like to do towards the end of the year, especially with a volatile year as we've had, are tax swaps. Over time investments will have a lot of embedded unrealized capital gains so whenever we can do some tax loss harvesting it saves folks a lot of money on the back end. This may be the biggest year ever for tax loss harvesting. 
    A few other tax strategies that are great at the end of the year that no one looks at are Roth conversions, charitable contributions from retirement accounts, and making sure that you're maxing out your retirement plan contribution.
    This week’s hidden facts of finance
    Alibaba holding group, a data-driven colossus in retail, logistics, lending, and more has generated 89 billion in free cash flow over the past five years. The equivalent in the US would be Amazon which has only generated 75 billion over the last five years. Yet, its shares are lower than their debut price back in 2014. Alibaba's market value of $168 billion is just a sliver of Amazon's trillion dollars. There might be some opportunity in China
    Since March gold has slid 18.3%, far worse than global stocks which are only down 8%. Gold isn't a hedge, not against inflation, stock weakness, or even war. It's a commodity.
    Americans average financial assets amounted to 155,000 back in 2008. At the end of 2021 just last year, assets climbed to $349,000 on average, an increase of 125%. It's not only Americans who can look back on a long decade of rich monetary blessings, even around the world people are getting richer.
    56 years after its original release the Beetles Revolver, which is one of the greatest albums of all time, could be at #1 on the Billboard 200 album charts again thanks to the new stereo remix of the album. 
    Resources & People Mentioned
    See if you qualify for a complimentary financial review from the Paynes
    Connect With Ryan, Bob, and Ch

    • 26 min

Customer Reviews

5.0 out of 5
604 Ratings

604 Ratings

mollinska ,

Next level

Start out listening to Dave Ramsey. Once you’ve got that down, move to The Money Guy. After consuming that, here’s the next level: Payne Points of Wealth. Each echelon teaches you new things, from the basics (Ramsey) to the Paynes. Well done!

SandyB - 90DayWins ,

Get your Money

Great information for investors. I learned a few tips I will be implementing. “Too much risk” Pay tax now. We all love Tax free.

NYCtraveler2009 ,

Informative and Enjoyable

I appreciate your “KISS” style to discussing investing… and you’re entertaining, too.

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