Saving With Silverman

Opportunities and Challenges in Real Estate Investing

When it comes to retirement planning, real estate often emerges as a popular topic of discussion. If this is something you’ve been curious about, this episode should be very helpful. We’re going to dive into the complexities of real estate and some of the factors you need to consider before making any final decisions.
Join us to learn how to make smarter choices about your real estate investments and retirement planning.
 
Here’s what we discuss in today’s show:
Keeping a sense of perspective on the current mortgage rates.
Challenges with using rental properties as a means to fund retirement.
Diversifying portfolios that have a good amount of real estate holdings.
What is a reverse mortgage and why the complexity and cost make them a less attractive option.
 
Want to get in touch with Mark? 
Web:
https://silverman-associates.com/home
Email:
mark@silverman-associates.com
Phone:
520.512.8832

Financial Lessons From Ernest Hemingway

In this episode, we look at finance through a bit of an unconventional, yet enlightening lens. Mark takes the timeless wisdom of Ernest Hemingway to draw parallels and impart valuable lessons for making smarter financial decisions.
The great American novelist and journalist captured the hearts and minds with his adventurous lifestyle. During his 51 years on Earth, Hemingway left a lasting legacy and it isn’t always explored from a financial viewpoint. That’s what we'll do today with some of these great quotes and hopefully provide you with a little real-world guidance you can apply to your own life today.  
 
Here’s what we discuss in today’s show:
How financial planning doesn’t always go just like the books tell you it will.
There is always something new to learn and something to improve on.
How to adapt to the current realities of the market (at any point in time).
 
Want to get in touch with Mark? 
Web:
https://silverman-associates.com/home
Email:
mark@silverman-associates.com
Phone:
520.512.8832

Financial Guidance Through the Lens of Calvin and Hobbes

Calvin and Hobbes is one of the most timeless comic strips in American history, but is there anything we can learn from Bill Watterson’s masterpiece in the financial realm? Turns out there is, and Mark will draw on wisdom from the comic to highlight several quotes that offer valuable lessons for financial planning.
 
Here’s what we discuss in today’s show:
Preparing in advance for some of those financial surprises.
Having a sound investing strategy.
Making sure your retirement income keeps pace with inflation.
Getting ahead on your retirement plan.
 
Want to get in touch with Mark? 
Web:
https://silverman-associates.com/home
Email:
mark@silverman-associates.com
Phone:
520.512.8832

Taking Care of Financial Chores

Have you ever considered how the mundane tasks we do around the house can offer valuable lessons for managing our finances? In this episode, we’re going to expand on this intriguing analogy. From taking out the trash to cleaning out the fridge, Mark provides insightful advice on maintaining a well-diversified portfolio, updating beneficiaries, and the importance of periodic maintenance.
 
Here’s what we discuss in today’s show:
Reviewing your portfolio and making sure that it is well diversified.
Ensuring that the investments in your portfolio are appropriate for where you are in life.
Knowing what you want from your financial advisor.
 
Want to get in touch with Mark? 
Web:
https://silverman-associates.com/home
Email:
mark@silverman-associates.com
Phone:
520.512.8832

Putting Together a Retirement Checklist

Every individual will have a unique plan for retirement, but there are questions that every person should be able to answer before they make the transition. Am I prepared for increased tax rates in the future? What about if I live longer than I plan and I outlive my money? What do I want to happen with my money after I die? Today we’ll provide a comprehensive checklist that will help prepare you for retirement.  
 
Here’s what we discuss in today’s show:
Saving for the future while enjoying life in the present.
Being prepared for retirement risks.
Minimizing future tax liability.
Incorporating legacy planning into your overall plan.
 
Want to get in touch with Mark? 
Web:
https://silverman-associates.com/home
Email:
mark@silverman-associates.com
Phone:
520.512.8832
520.618.5323

Financial Advice From Mark Twain

Mark Twain is one of the most revered authors in American history, but what can we learn about finance from this legendary wordsmith? Join Mark Silverman as he takes a look at some of Twain’s most famous quotes and applies the lessons to financial planning.
 
Here’s what we discuss in today’s show: 
Diversification and spreading out your risk to protect your portfolio.
Not letting politics be an excuse when it comes to investing decisions.
The longer-term an investment you have, the more likely you are to have a good return.
The value of getting ahead and how money is a tool.
 
Want to get in touch with Mark? 
Web:
https://silverman-associates.com/home
Email:
mark@silverman-associates.com
Phone:
520.512.8832
520.618.5323

The Detriments of Moving the Goalposts and the Importance of Planning

Can you imagine how difficult it would be for a placekicker if the goalposts suddenly shifted just as they were about to kick? In the same sense, how can we expect to achieve our financial goals if we're constantly shifting the targets? Retirement goals can obviously change with the passage of time, but there can be some serious risk when it comes to your retirement if you shift the goalposts a little bit too carelessly.
 
Here’s what we discuss in today’s show:
Setting and sticking to goals.
Not keeping more cash for your retirement than you need.
Determining how much risk you should be taking.
 
Want to get in touch with Mark? 
Web:
https://silverman-associates.com/home
Email:
mark@silverman-associates.com
Phone:
520.512.8832
520.618.5323

All About Bonds

While you’ve probably heard of bonds before, do you really have a full understanding of how they work, especially when compared to stocks? Today we’ll dive deep into the world of bonds, breaking down their complexities and offering valuable insights.
 
Here’s what we discuss in today’s show:
What are bonds, and how are they different from stocks?
Bond funds v. individual bonds.
What causes bond prices to change?
 
Want to get in touch with Mark? 
Web:
https://silverman-associates.com/home
Email:
mark@silverman-associates.com
Phone:
520.512.8832
520.618.5323

Reading Your Statements

Have you ever glanced at your financial statements and felt overwhelmed by the numbers and jargon? You're not alone. Many people receive statements from their investment accounts every month or quarter but don't fully understand what they're looking at.
 
Here’s what we discuss in today’s show:
Some of the challenges when it comes to fees.
What is cost basis and why is it important?
What’s in the fine print that you should be paying attention to?
 
Want to get in touch with Mark? 
Web:
https://silverman-associates.com/home
Email:
mark@silverman-associates.com
Phone:
520.512.8832
520.618.5323

Reading the Fine Print

It’s been said that “the sales brochure giveth and the fine print taketh away.” In the financial world, glossy brochures and enticing sales pitches often conceal ugly hidden truths.  Let’s talk about some of the things we hear from people when they don’t pay enough attention to the fine print...
 
Here’s what we discuss in today’s show:
“I just got a big rate increase on my long-term care insurance!”
“The fees in this annuity are a lot higher than I was told!”
“This mutual fund had done really well for the last several years, but it tanked as soon as I got into it!”
“My life insurance suddenly got really expensive as soon as I turned 65!”
“I want to get some money out of this REIT but they’re telling me I can’t have it back!”
 
Want to get in touch with Mark? 
Web:
https://silverman-associates.com/home
Email:
mark@silverman-associates.com
Phone:
520.512.8832
520.618.5323