Catholic Money Mastermind - Financial Planning conversations with Catholic CFP® Practitioners

Andy Flattery, Deb Meyer, and Michael Acosta discuss the news of the day. Elon recently became the richest in the world. Joe Biden is pretty open about his Catholicism. Also, Biden will be taxing the rich.
Show notes - http://catholicfinancialplanners.com/3

Ben Martinek, Robert Franer, and Andy Flattery discuss the very foundation of personal finance - budgeting.
Show notes - http://catholicfinancialplanners.com/4
Attend the FREE Heroic Finance Summit on Saturday, 2/27/21 - https://bit.ly/3ubFGPt

In this episode of the podcast hosted by Ben Martinek from the Catholic Financial Planners Network, guest Nick Orenduff of Orenduff Associates shares his insights on various investment vehicles and the importance of diversification. They discuss the differences between stocks, mutual funds, ETFs, and bonds, highlighting the roles these instruments play in a diversified investment portfolio. The conversation also covers the distinctions between fixed income investments and stock ownership, explaining the purposes and benefits of each. Additionally, they emphasize the significance of long-term investing and prudent financial planning for achieving financial freedom, particularly as one approaches retirement. If you’re looking for a quick introduction to investing, this is the episode for you!

Key Takeaways:

• What’s the difference between stocks, mutual funds, ETFs, and bonds? And how do I know which investment vehicle is right for me?

• How diversification and long term thinking will lead to success.

• How Isaac Newton got swept up in the stock market.

• Why are bonds less popular than stocks? And what are their benefits?

Key Timestamps:

(00:00:00) - Introduction

(00:01:34) - Nick's Journey in Financial Planning

(00:02:42) - Understanding Investing

(00:07:16) - What is a Stock and Why Do Companies Sell It?

(00:16:59) - Mutual Funds and ETFs Explained

(00:24:19) - Exploring Fixed Income Investments

(00:29:00) - How Can Bonds Serve Investors?

(00:31:26) - The Importance of Diversification

(00:34:08) - Letting the Markets Work for You

Key Topics Discussed:

Catholic Money Mastermind, Catholic financial planning, Catholic financial planners, Catholic financial advisors, Ben Martinek, faith and finances, Nick Orenduff, Orenduff and Associates, stock market, ETFs, bonds, investments

Mentions:

Nick’s Website: https://www.planmember.com/orenduff/

More of Catholic Money Mastermind:

Catholic Money Mastermind Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

Are you looking to hire an advisor? Browse our members.

https://www.catholicfinancialplanners.com/financial-planners/

Are you a Financial Advisor who is serious about the Catholic Faith? Join our network.

[email protected]

Today, we feature Logan Moore, who is a CFA charterholder from Kansas City, who shares his expertise on alternative investments and his professional journey. Logan discusses his experience managing high-yield municipal bonds, transitioning to commercial real estate, and co-managing a fund focused on real estate syndications. Alternative investments, which include real estate, private equity, and venture capital, offer potential for higher returns but involve greater risk, complexity, and limited liquidity, often requiring accredited investor status. Logan helps investors and advisors conduct due diligence and integrate alternatives into portfolios, with expected returns typically ranging from high single digits to high teens based on the investment type. The discussion emphasizes the need for guidance in this complex space, the importance of diversification, and the value of faith-based investing, underscoring the collaboration between specialists like Logan and financial advisors to make informed decisions.

Key Takeaways:

• Specialized advisors, like Logan, collaborate with financial planners to guide investors through the complexities of alternative investments, ensuring decisions align with long-term goals and risk tolerance.

• Logan’s professional journey from municipal bonds to real estate and beyond.

• The variety of alternative investments available, like venture capital, private equity, and real estate.

• Logan emphasizes the role of values and faith in investment decisions, highlighting the importance of aligning financial goals with personal beliefs.

• Alternative investments typically involve greater risks and reduced liquidity but offer the potential for higher returns, often ranging from high single digits to high teens, with returns reflecting the level of risk.

• Fees, taxes, and potential risks are pivotal factors in evaluating alternative investment opportunities, underscoring the need for comprehensive due diligence.

Key Timestamps:

(00:00) - Meet Logan Moore, CFA

(02:12) - What is the CFA Designation?

(12:50) - Exploring the World of Alternative Investments

(29:00) - Balancing Risk and Return

(39:56) - Connecting with Logan

Key Topics Discussed:

Catholic Money Mastermind, Catholic financial planning, Catholic financial planners, Catholic financial advisors, Ben Martinek, faith and finances, alternative investing, Alts Eval LLC, real estate investing, high net worth investing, venture capital, startup investing, CFA, Chartered Financial Analyst

Mentions:

Website: https://altseval.com/

More of Catholic Money Mastermind:

Catholic Money Mastermind Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

Are you looking to hire an advisor? Browse our members.

https://catholicfinancialplanners.com/members/

Are you a Financial Advisor who is serious about the Catholic Faith? Join our network and email [email protected]

Learn more about the Catholic Financial Planners Network on October 17th. Sign up for the webinar here: https://meet.zoho.com/6ITZHda7yO

Are you looking to hire an advisor? Browse our members.
Are you a Financial Advisor who is serious about the Catholic Faith? Join our network.
Catholic Money Mastermind Podcast is a personal podcast meant for educational and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.