Family Fortune Financial

As the markets go on their rollercoaster ride, Erik & Scott sit down on this week's episode to discuss what the data actually says. How healthy is the economy and which direction are we trending? This is a longer episode as we dive into the data to give an overview of where the economy is at.

Listen on Spotify & Apple Podcasts
Watch on Youtube
(link in bio)

Are we already into a recession? If so, how far and what is there to expect going forward?

What does all of this mean for the your investment allocation? In our new episode "Has the Recession Already Started?" Scott Poore talks with Erik about past recessions, the softening economy and how an investor should pivot.

Of note, the Wealth Protection Signal has triggered meaning a raise of 10% cash in portfolios. Listen to this Thought & Action episode to find out the answers to these questions and more.

Of note, Scott uses slides to educate. Check out our video version of the podcast here - https://youtu.be/AGJIl225-h0

Where consumer inflation is single digits, the producer inflation numbers are double digits. As the market continues to fall, what does that mean for the your investment allocation?

In our new episode "What is Safe in this Market?" Scott Poore talks with Erik about inflation, previous money pumping vs. rising rates and where the safe spots are (are there any?).

Of note, the Wealth Protection Signal has triggered meaning a raise of 10% cash in portfolios. Listen to this Thought & Action episode to find out what Scott says.

Of note, Scott uses slide to educate. Check out our video version of the podcast here - https://youtu.be/UECkE7-baek.

Through years of research, Family Fortune Financial meets the needs for financial collaboration and attention to detail. Our independence from traditional broker firms and banks creates a platform for cutting-edge opportunities and transparency.

Learn why a family office unlocks more opportunities to truly grow and transfer wealth than traditional wealth management: https://bit.ly/3DbeMwc

As an investor sometimes you have to take a step back to see the forest instead of just the trees but sometimes you need to dig a little before stepping back.

In our new episode, "Good News, Bad News", Scott Poore talks with Erik about the effects of inflation in all areas of the market and how we need to watch out for a possible future recession.

So is the Fed moving fast enough? Listen to this Thought & Action Podcast episode to find out what Scott says.

Connection and community are in the DNA of Family Fortune Financial. As long
as we grow, we give back and that is a value system we are committed to.
Learn more about our values at: https://bit.ly/3DbeMwc

Family Fortune Financial believes in advising in a way that leads to sustained
growth, protection, and stability for the current and future generations. Generating growth is
something to be proud of, therefore it should be protected and passed on flawlessly.
Find out how we have mastered this intricate process and incorporate it into our client’s plans at: https://bit.ly/3DbeMwc

Find the answers to your questions. Create a lasting legacy. Our purpose at
Family Fortune Financial is to assist you in achieving these objectives. We are committed to
providing you with the resources you need to meet and exceed your goals.

Learn more about our mission: https://bit.ly/3DbeMwc

Neda Smith joins Erik on this episode of Thought & Action to discuss the impact of gut health on overall health. Most importantly, Neda explains the three most critical aspects of your gut bacteria: 1. Quantity 2. Quality 3. Diversity. Listen in as Neda shares some helpful hints on how to improve your overall health! https://apple.co/3mMR9Co

Erik & Scott sit down on this week's episode to discuss the Ukraine/Russia conflict, Inflation here in the US & the ever increasing Gas Prices.

Listen on Spotify & Apple Podcasts
Watch on Youtube
(link in bio)

Erik is joined by Katie Blomquist to discuss the ins and outs of nonprofits, including how to start and run your own. To be successful, she has had to network constantly, prove herself, and build the appropriate team around her. Listen in to learn how she honed her abilities and grew a successful nonprofit! https://apple.co/3CxoGrr

The permanence of an estate plan can be intimidating. In this episode, attorney Dana Wine demonstrates how simple it is to make changes to these agreements. Listen to the full episode here: https://apple.co/3tsGEaK

Erik Flegal and Joe McQuaid discuss the distinctions between the fiduciary and brokerage standards in this episode of Thought & Action. They clarify that not every financial expert is a fiduciary. When obtaining financial guidance, this is something to keep in mind. Watch the episode here: https://apple.co/3DaQHUZ

Erik is joined by Dana Wine, an attorney and partner at Freeman Wine, to discuss estate planning and how it fits into your overall wealth management approach. In this episode, Dana explains how long it takes to set up an estate plan and the benefits of doing so. Listen here! https://apple.co/3tsGEaK

Erik Flegal and Joe McQuaid of Family Fortune Financial sit down to discuss the value of access in the field of wealth management, both in terms of private investments and professional contacts. They emphasize the value of the relationships they built with private enterprises and family-owned businesses, as well as how those connections helped them land transactions. Listen to the podcast here: https://apple.co/3Ipv2LB

Erik sits down with Neda Smith, a colon hydrotherapist at Gut Harmony in Charleston, to talk about the significance of gut health and what you can do to enhance it. She points out that there is a conflict between pharmaceutical medicine and natural techniques, but they share the same goal of assisting others! Listen to the full episode here: https://apple.co/3mMR9Co

Nicole Stewart joins Erik to explain how to get affordable health insurance. She goes on to say that healthcare is the most misunderstood aspect of most people's plans. Listen to the podcast here: https://apple.co/3t0ZRjz

Not all debt is bad debt. Find out how you can leverage mortgage debt to your advantage in this week's episode of Thought & Action: https://apple.co/3sGlK7F

Should you opt for a smaller down payment with PMI or a larger down payment without it? We answer this question and more on the latest episode of Thought & Action. Listen here: https://apple.co/3sGlK7F

When it comes to your wealth management, you need a financial advisor who has your best interests in mind 100% of the time. As registered investment advisors, we are held to the fiduciary standard, meaning we work for you and only you. No conflicts of interest. Ever.

Mortgage gifting can be an invaluable asset for your family. Jason Sheron, broker and owner at Home Loans Inc, joins us again on Thought & Action to discuss mortgage strategies you may not be aware of. Hear the full discussion here: https://apple.co/3sGlK7F

Stocks and bonds aren't the only way you can build your investment portfolio. Alternative investments such as real estate are a crucial piece of every balanced portfolio; they provide investors with added risk protection and potentially high-value returns. https://apple.co/3ouFPfO

The start of 2022 has been...lets just say... interesting. On this Market Musings episode, Joe McQuaid, Family Fortune's COO sits down with Scott Poore to talk about the Fed and its role in the market.

Visit the link in our Bio to listen on Apple Podcasts/Spotify or watch on our Youtube Channel.

Different stocks carry different levels of investment risk. Large-cap stocks (such as Apple) are relatively safe investments, but they provide less return-on-investment (ROI). Mid-cap stocks (such as Regions Bank) have lower market value (typically between $2-7 billion) but can potentially yield higher ROI. Low-cap stocks (like Lululemon used to be) have the lowest market value (less than $1 billion) and are the riskiest form of stocks, but they also have the greatest potential for ROI.

Bonds (also known as fixed income) are a way for companies to receive funds for running their business without issuing stocks to the public. Investors provide companies with a sum of money and receive interest payments from that company for the duration of the bond. Longer duration bonds may be riskier than shorter ones, but they can be a great way to balance out your portfolio.

Stocks (also known as equities) are a way for companies to issue shares to the public. Companies issue stocks to receive capital for running their business, and investors use them to strengthen their portfolio. However, some stocks are riskier than others, which is why it's important to have an advisor you can trust.