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The Money Alchemist Podcast

The Money Alchemist Podcast

Auteur(s): Ben Jones & Brent Gargano
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 Join two dudes, Ben and Brent, to discuss current market events and savvy financial strategies to build wealth consistently over time.The Money Alchemist 2023 Finances personnelles Économie
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  • Exponential Wealth through Concentration: Integrating a Focused Strategy into Your Financial Plan

    Exponential Wealth through Concentration: Integrating a Focused Strategy into Your Financial Plan
    Sep 13 2025

    Diversification is the foundation of most investment advice, but what if it's also the single greatest barrier to generating true, exponential wealth?

    In this episode, we challenge conventional wisdom and explore the high-risk, high-reward strategy of concentrated investing. We delve into how some of the world's most successful investors built fortunes not by spreading their capital thin, but by placing high-conviction bets on a few key assets.

    We’ll discuss the principles behind this approach, the deep research it requires, and why it's a strategy that can either lead to transformative wealth or significant loss. Join us as we explore whether the path to exponential returns lies in taking a different, more focused direction.

    ________ About your Hosts

    Ben Jones, CFP®

    Managing Director, National Wealth Management Group

    www.nwmgadvisors.com 

    Sign up for Ben’s newsletter at www.karastick.com 

    Follow him on X @thekaratstick

    https://www.linkedin.com/in/ben-nwmg/

      __

    Brent Gargano, CFP®

    Founder & Advisor, Infinite Wealth Planning 

    www.infinitewealthplanning.com

    linkedin.com/in/brent-gargano-cfp®-2067b573

     

    Comments or questions? Email us at comments@moneyalchemistshow.com

    ___________________

    Editor:

    Trevor Gargano

    Email: Trevor@trevorgargano.com

    LinkedIn: https://www.linkedin.com/in/trevor-gargano-72727b67/

    Website: TheDigitalQuarterback.com

    ____________________________

    Follow our socials to support the podcast; see extra clips and announcements!

    Instagram: https://www.instagram.com/moneyalchemistpod/

    X: https://twitter.com/moneyalchpod

    Facebook: https://www.facebook.com/profile.php?id=61556458987483

    ___________

    Disclosure:

    Investment advice offered through National Wealth Management Group, LLC.

    Information in this podcast should not be construed as tax advice. Consult with your tax professional for specific advice on your situation.

    The information presented is for educational and informational purposes only and is not intended as a recommendation or specific advice.
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    46 min
  • The Most Hated Economy: Building a Financial Plan to Thrive in a Divided Market

    The Most Hated Economy: Building a Financial Plan to Thrive in a Divided Market
    Aug 16 2025
    A war of the classes “It was the best of times, it was the worst of times”, so begins the famous novel Tale of Two Cities written in 1858. Written by Charles Dickens, the motif of duality can easily be applied to our modern economy. Throughout history, the state of mankind can generally be described as fitting someplace between bad and good. The economy is either terrible or great, depending on who you ask. It’s a subjective sentiment check more based on feelings colored by bias rather than material facts. The Michigan Consumer Sentiment survey illustrates that respondents feel worse about our present day economic state as they did in the doldrums of the 2008-09 Great Financial Crisis. The perplexing disparity requires us to unpack layers of independent variables feeding data points like the Consumer Sentiment Index to better understand what is going on. First, it’s important to acknowledge that winners and losers exist concurrently. There is no economic condition in which all market participants are doing well or all are doing poorly. We all function as independent cogs in the machine. Some cogs receive more lubrication than others depending on their positioning in the mechanism. It is undeniable that inflation is the rust deteriorating the function of smaller economic ‘inputs’. Inflation exacerbates wealth disparity as asset prices accrete monetary premiums whilst prices for necessary goods and services devour greater portions of free cash flow. A one-two punch for the middle and lower classes. A big differentiator in 2008-09 is that most felt some degree of pain, even the wealthy. For the first time in many generations, housing prices fell. Stock and fixed income markets fell substantially more than a typical recession. It was a great opportunity for those who played it safe, although many didn’t change their appetite for risk when the time was ripe. Today, the situation is grossly asymmetric. Anyone who has achieved a financial escape velocity, a definition that is subjective but not representative of the majority, is doing quite well. Those living paycheck to paycheck, not so much. In fact, they may be doing worse than ever, relatively speaking. Delinquencies are picking up across the board, with most of the increase concentrated in higher risk loans such as credit card and auto loans. Recent revisions to the BLS establishment survey suggest that lower income earners may not be as well off as initially reported. We tried to contact an external analyst to inform on the matter, however the department was recently sacked as part of a strategic efficiency initiative. I assure you this is an isolated incident that has nothing to do with AI (it is most certainly AI). Yet there has not been any meaningful deterioration in financial markets. It has been quite the opposite with the S&P 500 kissing the 10%+ performance marker so far in 2025. Housing prices have broadly moved higher with Zillow reporting a 0.4% YoY increase. One could conclude that the economy is quite strong when looking solely at asset prices. This then begs the question: does it matter? To financial markets, no. What matters is total spending, not the symmetry of value exchange. To a stockholder, margins matter more than the quantity of widgets the customer receives. It does matter for political and economic stability. Resentment is building with an unknowable tolerance threshold and outcome potential. Do the wealthy usher in a new age of economic dominance, dragging a disgruntled class of serfs like detritus? Or can we expect an upheaval or even a renaissance of egalitarianism? Ben and Brent discuss this matter further and offer their insights on what could be going on, but more importantly, what to do about it. Listen to Episode 38 of The Money Alchemist Podcast to join in on the conversation! _______________ Sources: BLS Employee Situation Summary: https://www.bls.gov/news.release/empsit.nr0.htm Zillow July 31, 2025 National Home Value Report: https://www.zillow.com/home-values/102001/united-states/ JPMorgan Guide to the Markets: https://am.jpmorgan.com/us/en/asset-management/protected/adv/insights/market-insights/guide-to-the-markets/ _______________ About your Hosts Ben Jones, CFP® Managing Director, National Wealth Management Group www.nwmgadvisors.com  Sign up for Ben’s newsletter at www.karastick.com  Follow him on X @thekaratstick https://www.linkedin.com/in/ben-nwmg/   __ Brent Gargano, CFP® Founder & Advisor, Infinite Wealth Planning  www.infinitewealthplanning.com linkedin.com/in/brent-gargano-cfp®-2067b573   Comments or questions? Email us at comments@moneyalchemistshow.com ___________________ Editor: Trevor Gargano Email: Trevor@trevorgargano.com LinkedIn: https://www.linkedin.com/in/trevor-gargano-72727b67/ Website: TheDigitalQuarterback.com ______________________...
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    45 min
  • Should Your Advisor Watch CNBC?

    Should Your Advisor Watch CNBC?
    Aug 2 2025

    News or Noise?

    In our fast-paced, 24/7 news cycle, it can feel like a financial advisor's credibility hinges on keeping up with every daily headline. A tweet from a prominent news host, a new market prediction, or a breaking story from CNBC can make an advisor who isn't up to speed feel discredited.

    The question of whether an advisor should be a news junkie is at the heart of today's episode. Ben and Brent explore their differing approaches to information consumption. Brent keeps the news on in the background, believing it's essential to have a pulse on market sentiment. Ben, on the other hand, believes that tuning out the daily noise is key to long-term strategic thinking.

    About your Hosts

    Ben Jones, CFP®

    Managing Director, National Wealth Management Group

    www.nwmgadvisors.com 

    Sign up for Ben’s newsletter at www.karastick.com 

    Follow him on X @thekaratstick

    https://www.linkedin.com/in/ben-nwmg/

     

    Brent Gargano, CFP®

    Founder & Advisor, Infinite Wealth Planning 

    www.infinitewealthplanning.com

    linkedin.com/in/brent-gargano-cfp®-2067b573

     

    Comments or questions? Email us at comments@moneyalchemistshow.com

    ___________________

    Editor:

    Trevor Gargano

    Email: Trevor@trevorgargano.com

    Linkedin: https://www.linkedin.com/in/trevor-gargano-72727b67/

    Website: TheDigitalQuarterback.com

    ____________________________

    Follow our socials to support the podcast; see extra clips and announcements!

    Instagram: https://www.instagram.com/moneyalchemistpod/

    X: https://twitter.com/moneyalchpod

    Facebook: https://www.facebook.com/profile.php?id=61556458987483

      ___________

    Disclosure:

    Investment advice offered through National Wealth Management Group, LLC.

    Information in this podcast should not be construed as tax advice. Consult with your tax professional for specific advice on your situation.

    The information presented is for educational and informational purposes only and is not intended as a recommendation or specific advice.
    Voir plus Voir moins
    22 min
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