Wealthy Behavior Heritage Financial Services

Kyla Scanlon (https://x.com/kylascan), writer, podcaster, and the author of the book In This Economy? How Money & Markets Really Work, believes that human behavior is the ultimate driver of the economy, and that misinformation is driving people to make poor decisions.Kyla joins this episode to discuss her book, thoughts on today’s economy, and the importance of financial education, which she has a great passion for. She wrote her book to serve as an introductory guide to understanding the economy and to provide the basic tools people need to better understand the world they are a part of. Kyla’s ability to break down complex topics like the financial markets, inflation, labor market, and the economy at large into understandable content has amassed quite a following. Tune in to find out why!Take your wealth to the next level with How To Build Your Next Million, our educational video course and ebook. You’ll learn the financial tools and strategies that will help you SAVE more, KEEP more of what you earn, GROW your portfolio, and PROTECT your nest egg to enhance your overall wealth.We’d love to hear from you! Email us questions, ideas, or feedback at wealthybehavior@heritagefinancial.net.

There’s a saying that the Fed takes interest rates up on an escalator (smooth increases) and down on the elevator (larger, quick drops). We are around peak interest rates, the market is expecting the Fed to cut rates twice this year, and based on slowing economic data it looks like the cuts should begin soon. What will give the Fed the green light to start? Tune in to hear Heritage Financial CIO, Bob Weisse, and CEO, Sammy Azzouz, discuss what has stood out to recently, including:* The latest on interest rates and inflation* Recent narrowing of stock market leadership and what’s driving the winners* Why a diversified fixed income portfolio is imperative, especially now* A primer on private credit–a detailed discussion about what is it and how can it fit in a portfolioTake your wealth to the next level with How To Build Your Next Million, our educational video course and ebook. You’ll learn the financial tools and strategies that will help you SAVE more, KEEP more of what you earn, GROW your portfolio, and PROTECT your nest egg to enhance your overall wealth.We’d love to hear from you! Email us questions, ideas, or feedback at wealthybehavior@heritagefinancial.net.

The Tax Cuts & Jobs Act is set to sunset at the end of 2025. For many people, this expiration of tax cuts will mean more of your money will be going toward taxes. Heritage Financial’s Chief Planning Officer, Ed Jastrem, joins Sammy Azzouz to discuss the “use it or lose it” window of time that is left to save on taxes and shares the impacts this could have on your wealth, your habits, and your legacy.*  What does the TCJA sunset mean for 2026 and beyond?* Could legislation be proposed to halt the sunset, or parts of it?* 2026 is over a year away, why start planning now?* What are the downsides to pre-planning if something does change with the sunset?For the most personalized and strategic plan that best meets your needs, we recommend collaborating with your wealth manager, tax advisor, and estate planner. Content in this episode is for informational purposes only and should not be construed as tax or legal advice. Take your wealth to the next level with How To Build Your Next Million, our educational video course and ebook. You’ll learn the financial tools and strategies that will help you SAVE more, KEEP more of what you earn, GROW your portfolio, and PROTECT your nest egg to enhance your overall wealth.We’d love to hear from you! Email us questions, ideas, or feedback at wealthybehavior@heritagefinancial.net.

A series of weaker labor market and housing data, better than expected inflation data, and resilient corporate earnings have all contributed to May’s healthy market performance. While inflation has been sticky, signs of a slowing economy are emerging. Heritage Financial CIO, Bob Weisse, and CEO, Sammy Azzouz, discuss these signs, global market valuations and why it could be a good time to rebalance, and explain the how, what, and why of stock splits.Take your wealth to the next level with How To Build Your Next Million, our educational video course and ebook. You’ll learn the financial tools and strategies that will help you SAVE more, KEEP more of what you earn, GROW your portfolio, and PROTECT your nest egg to enhance your overall wealth.We’d love to hear from you! Email us questions, ideas, or feedback at wealthybehavior@heritagefinancial.net.

Allison Schrager (https://www.allisonschrager.com/about), economist and author of "An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk," joins Sammy to discuss how principles of risk used in finance relate to all industries, and ways to measure it, control it and maximize it.They also discuss some of the biggest risks in retirement including the projected depletion of social security and some ways to fix the problem, what spending looks like in retirement and how it’s financed, and advice on how to balance competing goals.Allison is also a senior fellow at the Manhattan Institute, a regular contributor to the Economist, Reuters, and Bloomberg Businessweek, and co-founder of LifeCycle Finance Partners, LLC (https://www.lcfpartners.com/), a risk advisory firm.Take your wealth to the next level with How To Build Your Next Million (https://go.heritagefinancial.net/ebook-landing-page), our educational video course (https://go.heritagefinancial.net/video-course) and ebook. You’ll learn the financial tools and strategies that will help you SAVE more, KEEP more of what you earn, GROW your portfolio, and PROTECT your nest egg to enhance your overall wealth.We’d love to hear from you! Email us questions, ideas, or feedback at wealthybehavior@heritagefinancial.net (mailto:wealthybehavior@heritagefinancial.net).

The April jobs report shows that the U.S. unemployment rate rose and wage gains slowed more than expected. Markets reacted favorably to this news. Why be happy that more people are out of work and earning less? These are two signals that the strong labor market may be starting to soften. The markets are hoping that a labor market slowdown will nudge the Fed closer to begin lowering interest rates.Heritage Financial’s CIO, Bob Weisse, and CEO, Sammy Azzouz, also discuss how the Feds comments can move markets, the impacts the housing market and upcoming election may have on the Feds moves, and answer a client question– If you have the choice, should you invest a lump sum all at once or wade into the market by dollar cost averaging?Take your wealth to the next level with How To Build Your Next Million, our educational video course and ebook. You’ll learn the financial tools and strategies that will help you SAVE more, KEEP more of what you earn, GROW your portfolio, and PROTECT your nest egg to enhance your overall wealth.We’d love to hear from you! Email us questions, ideas, or feedback at wealthybehavior@heritagefinancial.net.