Boosting Your Financial IQ

Send us a text

Major stories developing on the global economic front, including:

• Bridge Collapse Creates Cargo Chaos
• US Fueling Changes in Oil Markets
• Chasing the Gold Rush
• The Truth Hurts: Trump’s IPO Flop
• Navigating Trouble Bridgewaters
• The Rate-Cut Rollercoaster Continues
• Something in the Way Xi Moves
• Phone Diplomacy
• Tesla Gets a China Shock
• Investors Exploring All Options

FinWeekly has the latest updates on top market topics and other financial news: Following the bridge collapse in Baltimore harbor, East Coast ports are adapting to the influx of diverted cargo, with the long-term supply chain impacts remaining uncertain. Meanwhile, US oil suppliers are capitalizing on global market shifts caused by Russian and Venezuelan oil sanctions, with exports surging to India and Europe. Gold prices hit record highs before retreating, influenced by US factory data and monetary policy anticipation. In stocks, Donald Trump's net worth plummeted by $1 billion after Trump Media & Technology Group’s steep decline following its over-hyped IPO. Bridgewater's new CEO initiates a major overhaul, aiming to revitalize the firm after Ray Dalio's departure. Fed rate cut expectations shift following strong manufacturing data, while speculation surrounds potential PBOC policy changes. President Biden and Xi Jinping’s phone diplomacy could impact trade, security, and climate change policies. Chinese automakers respond to Tesla's market shake-up with incentives, reshaping global EV dynamics. Finally, we’re unpacking investors’ uncertainty about the stock market's future, reflected by recent moves in the options market.

Tune in for insights into these dynamic economic trends shaping our world.

Here's how to get started with Boosting Your Financial IQ:

• Step 1: Test your financial IQ for FREE
• Step 2: Download the FREE app
• Step 3: Take the Fundamentals of Finance course

Disclaimer:
BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

Support the show

When you come from a hard-working family, your ambitions are expected to be high. Though many obstacles and struggles will present themselves, you have to remember that where there is determination, there is hope. We must keep persevering and strategically fighting, and in the words of the Reverend Jesse Jackson, 'Keep hope alive.'"
Our guest today, J. Derek Penn, author of Diary of a Black Man on Wall St., uses his personal experiences to break down for people of all colors the systemic inequality he has witnessed and why continuing that conversation can lead to the deep rooted change necessary to shatter the ceiling.
Penn’s story of determination is peppered with his own racial struggles and triumphs, from his elementary and middle school years in Youngstown, Ohio, to his acceptance at Duke University, where he excelled in athletics as one of the university’s standout players, to his tryout for the NFL, to his acceptance into Duke’s Fuqua School of Business, and his eventual 34-year success on Wall Street.
Helpful links:

• Share your thoughts with us here
• Download the FREE Boosting Your Financial IQ app at the Apple App Store or Google Play Store
• Join one of our Accelerator Programs

Disclaimer:
BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

Business Strategy Podcast:
Spotify: https://open.spotify.com/show/7pTrAtPgdFZDdDduzQ85YG

I think it’s safe to say that a lot of us, when asked about our ideal career, would say it is one where our efforts play into a grander cause, giving back to society while also paying the bills. Seeing the news roll in everyday with reports and footage of injustice and inequality around the world, we want to do something about it, beyond throwing money at the problem in hopes that it will be put to good use. When looking to volunteer though, we often get stuck finding the time or the right opportunity, especially one that can involve the kids. Our guest today, Jessica Jackley, has cracked the code to incorporate financial inclusion, the sharing economy, and social justice, resulting in furthering entrepreneurial dreams and spreading knowledge and practice to the next generation.

Over the past decade, Jessica has risen as an entrepreneur, investor, and speaker. She is the founder of the crowdfunding site for micro-enterprises, Kiva, cofounder of the early-stage venture capital firm Untapped Capital and founder of her latest project, Alltruists, an at-home, kid-friendly volunteer project aimed towards families.

Jessica’s work has been widely recognized by The Economist’s No Boundaries Innovation Award, Fast Company’s Most Influential Women in Tech, Silicon Valley Forum’s Visionary Award and more. Additionally, Jessica teaches Social Entrepreneurship at the Marshall School of Business at USC.

Jessica lives in Los Angeles with her husband, author Reza Aslan, and their four young children.
Helpful links:

• Share your thoughts with us here
• Download the FREE Boosting Your Financial IQ app at the Apple App Store or Google Play Store
• Join one of our Accelerator Programs

Disclaimer:
BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

Business Strategy Podcast:
Spotify: https://open.spotify.com/show/7pTrAtPgdFZDdDduzQ85YG

Send us a text

Overcoming financial hardship as a single parent can be a challenging and emotionally taxing experience. Many single parents struggle with balancing the needs of their children with their own financial responsibilities, leading to stress and anxiety. However, it is possible to overcome these challenges and achieve financial stability. Check out this episode where I talk with my mom, Gloria Dixon, about the hardships she experienced and overcame while raising me and my six siblings. We’ll talk about her amazing journey of courage and fortitude and how she managed her cash with the envelope system, looked for ways to reduce expenses, sought additional sources of income, and instilled a culture of love within her household.
Here's how to get started with Boosting Your Financial IQ:

• Step 1: Test your financial IQ for FREE
• Step 2: Download the FREE app
• Step 3: Take the Fundamentals of Finance course

Disclaimer:
BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

Support the show

In this episode of Strategic Financial Leadership Steve had the opportunity to interview Sandra Beaver. Sandra is the Senior Vice President of finance at Experian and was previously a Vice President and Chief Financial Officer of North America Gaming and Interactive for almost 17 years. She earned her bachelor’s in finance and economics from the Isenberg School of Management and has attended other programs at UCLA and the Tuck School of Business at Dartmouth college.
Helpful links:

• Share your thoughts with us here
• Download the FREE Boosting Your Financial IQ app at the Apple App Store or Google Play Store
• Join one of our Accelerator Programs

Disclaimer:
BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.

This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.

Business Strategy Podcast:
Spotify: https://open.spotify.com/show/7pTrAtPgdFZDdDduzQ85YG