54 episodes

Welcome to Wealthy Behavior: Talking Money and Wealth with Heritage Financial. We’re Boston Massachusetts-based wealth managers who have been helping busy, successful people pursue their financial goals for more than 25 years. Hosted by Sammy Azzouz, President and CEO of Heritage Financial, Wealthy Behavior digs into the topics, strategies, and behaviors that are key to building and protecting personal wealth and living a rich life.

Wealthy Behavior Heritage Financial Services

    • Business
    • 5.0 • 49 Ratings

Welcome to Wealthy Behavior: Talking Money and Wealth with Heritage Financial. We’re Boston Massachusetts-based wealth managers who have been helping busy, successful people pursue their financial goals for more than 25 years. Hosted by Sammy Azzouz, President and CEO of Heritage Financial, Wealthy Behavior digs into the topics, strategies, and behaviors that are key to building and protecting personal wealth and living a rich life.

    June Market Update: Signs of a Slowdown

    June Market Update: Signs of a Slowdown

    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.

    • 26 min
    Lessons in Risk: From Brothels to Retirement

    Lessons in Risk: From Brothels to Retirement

    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).

    • 34 min
    May Market Update: Bad News Is Good News

    May Market Update: Bad News Is Good News

    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.

    • 28 min
    Inflation, Markets, and the Magnificent 7

    Inflation, Markets, and the Magnificent 7

    Lately we’ve noticed similar themes across the questions we are getting asked most often. In this episode Heritage Financial’s CEO, Sammy Azzouz, and CIO, Bob Weisse, address the topics and answer the questions on top of investors’ minds.* April’s inflation and economic data shows that inflation may be stickier than expected and rates could stay higher for longer. What does this shift in data mean for the markets?* The problem with the housing market and why it may not improve anytime soon. - The Magnificent 7 stocks are getting all the attention. They have performed well, they are great companies, why not just buy them?* A lesson in FOMO.* Why the cost of auto insurance is surging.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.

    • 23 min
    April Market Update: A Resilient First Quarter

    April Market Update: A Resilient First Quarter

    With the first three months of the year posting strong market returns, most investors are pleased with the start to 2024. Equity markets have seen a broadening of market winners and in March bonds posted their first positive monthly return of the year. 2023 was the story of the magnificent seven tech stocks leading the bulk of the total market return. This year, those concentrated returns from mega-cap tech stocks have diverged and we’ve seen a broadening of market leaders across sectors-generally a healthy sign for investors. Leading economic indicator data released for the month of February also showed a change in direction and shifted positive. Despite these encouraging signs, ample recession and market risks remain and must be monitored.In addition to sharing the latest market and economic news, Sammy and Bob discuss the artful skill of being patient with your investments without being blind, red flags that should alert investors to dig deeper, and to kick-off Financial Literacy month a discussion of the book “The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money” by Ron Lieber.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.

    • 31 min
    Global Elections; The “Swift” Expansion; Home Country Bias & More with Jeffrey Kleintop

    Global Elections; The “Swift” Expansion; Home Country Bias & More with Jeffrey Kleintop

    Special guest Jeffrey Kleintop, Chief Global Investment Strategist at Charles Schwab, is excited for investors in international markets. It has been a bullish start to the year across global markets and we are seeing encouraging trends toward a broader outlook for performance both in the U.S. and abroad. But we won’t get there without navigating through a year full of risks and concerns. Jeff provides an update on global markets and economies and what investors should be paying attention to: * The “Swift” expansion* Global election impact—voters representing more than half the world’s population are expected to head to the polls this year* What inflation looks like overseas and expectations of central banks* Why the AI driven tech rally is primarily benefitting U.S. companies* Consequences of home country biasTake 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.

    • 33 min

Customer Reviews

5.0 out of 5
49 Ratings

49 Ratings

The Wagners ,

The Best Podcast without a “Content Warning”

If you can’t listen to Joe R you have to listen to Sammy. Hard hitting questions about things that matter to you. Sammy is always in search of truth.

hybdfvvg ,

Great podcast

Sammy and Bob are a wealth of knowledge! I appreciate their clear and honest message.

Michael Zurich ,

Good advice

Very intelligent discussion in these turbulent times for the market.

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