Intelligent Investing with Glenn Leest

II34 - Supply/Demand, Origins of Inflation - Economic Principles
Supply and Demand

• What is Supply and Demand at its most basic level

supply and demand, in economics, relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. It is the main model of price determination used in economic theory. The price of a commodity is determined by the interaction of supply and demand in a market. The resulting price is referred to as the equilibrium price and represents an agreement between producers and consumers of the good. In equilibrium the quantity of a good supplied by producers equals the quantity demanded by consumers.

• What happens when Supply and Demand get out of balance?

Give example of the tickle me elmo, PS5, or any other high demand low supply product. Think hotels charging more for fri and sat night and less m-w.

• What happens when the government intervenes with the natural supply and demand curve?

We have seen examples where the government wishes to stabilize the price of a commodity as to either not make it to cheap or to kept it profitable. One example is how at times farmers may be paid not to farm a certain crop or may get a subsidy to farm a more in demand crop. While this can be a good tool, it should be used with caution as it is easy to have intended consequences as a result of government intervention on supply/demand. For example if the government helps bail out an unprofitable industry, that could can ripple effects throughout the economy. What if the government subsidized the farming of corn, which for this example assume is unprofitable. Then the economy will get used to those cheap prices and if/when the subsidiary is removed, could cause collapse in that industry.

Inflation

• Where did inflation first begin in modern history? What were some of the effects?

The first century emperor of Rome, Nero caused inflation by debating its currency. They replaced valuable silver coins with not a valuable copper coins. They continued this practice until the 4th century when wheat prices were over 2 million times higher than in the mid 2nd century. The corrupt governments debased their currencies over and over and by the 5th century Rome was finished.

• What are the two types of inflation

Monet

Thanks for joining us on Intelligent Investing with Glenn Leest! Your go-to source for navigating the complex world of finance and becoming an intelligent investor. We appreciate your trust in us and your commitment to your own financial future.
Connect with Us:

Glenn Leest
Senior Investment Advisor
WT Wealth Management
Office Phone: (928) 225-2474 Office
Email: [email protected]
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...

In this episode Glenn Leest talks about the importance of emotional intelligence in the workplace. Enjoy!

Emotional Intelligence

Emotional intelligence is defined as the ability to understand and manage your own emotions, as well as recognize and influence the emotions of those around you. The term was first coined in 1990 by researchers John Mayer and Peter Salovey, but was later popularized by psychologist Daniel Goleman

Emotional Intelligence in Leadership

1. Self-awareness
2. Self-regulation
3. Motivation
4. Empathy
5. Social Skills

https://www.mindtools.com/ax3ar6w/emotional-intelligence-in-leadership
https://www.helpguide.org/articles/mental-health/emotional-intelligence-eq.htm
https://www.amazon.com/Emotional-Intelligence-2-0-Travis-Bradberry/dp/0974320625
-Glenn Leest

Senior Investment Adviser

928-225-2474 Office
[email protected]

Thanks for joining us on Intelligent Investing with Glenn Leest! Your go-to source for navigating the complex world of finance and becoming an intelligent investor. We appreciate your trust in us and your commitment to your own financial future.
Connect with Us:

Glenn Leest
Senior Investment Advisor
WT Wealth Management
Office Phone: (928) 225-2474 Office
Email: [email protected]
Website: https://www.wtwealthmanagement.com/team/glenn-leest
Instagram: https://www.instagram.com/intelligentinvestingwithglenn/
Facebook: https://www.facebook.com/GlennLeestIntelligentInvesting/
YouTube: https://youtube.com/@IntelligentInvestingGlennLeest?si=d6S0y14lghz0eaHa
**Don't forget to subscribe, rate, and review our podcast on your favorite platform.
Your feedback helps us provide you with more valuable content.

We'll be back with more insights into intelligent investing and how it relates to your world.
Stay informed and make those smart financial choices.
Until next time, this is Intelligent Investing with Glenn Leest, helping you make your money work for you.
...

Investing 101 Series - Part 2
In this episode Glenn Leest continues to explain investing terminology and also explores some other investing concepts.
Let’s review some investing terminology:
f. What are CD’S?
g. What is a cryptocurrency?
h. What are commodities?
i. What about real Assets?

How should an investor go about determining what percentage of their portfolio should be in each of the above-mentioned investments?

• What does risk mean and in relation to Investing?
• What is a good starting point for determining how much risk an investor should have in their portfolio?
• What about investing time frames? How do you walk clients through that conversation?
• What are some good websites or resources that people can access if they are looking to build their investing knowledge?
• How can investors eliminate or reduce their emotional response in investing and help them have a more logical and data driven approach?
• What would you say to someone who feels overwhelmed when it comes to investing or doesn’t know where to start?

Thanks for joining us on Intelligent Investing with Glenn Leest! Your go-to source for navigating the complex world of finance and becoming an intelligent investor. We appreciate your trust in us and your commitment to your own financial future.
Connect with Us:

Glenn Leest
Senior Investment Advisor
WT Wealth Management
Office Phone: (928) 225-2474 Office
Email: [email protected]
Website: https://www.wtwealthmanagement.com/team/glenn-leest
Instagram: https://www.instagram.com/intelligentinvestingwithglenn/
Facebook: https://www.facebook.com/GlennLeestIntelligentInvesting/
YouTube: https://youtube.com/@IntelligentInvestingGlennLeest?si=d6S0y14lghz0eaHa
**Don't forget to subscribe, rate, and review our podcast on your favorite platform.
Your feedback helps us provide you with more valuable content.

We'll be back with more insights into intelligent investing and how it relates to your world.
Stay informed and make those smart financial choices.
Until next time, this is Intelligent Investing with Glenn Leest, helping you make your money work for you.
...

Embark on a journey into the financial and technological future as Glenn Least from WT Wealth Management joins us to dissect the AI revolution's impact on everything from NVIDIA's soaring stock to our very way of life. You'll be privy to our enlightening banter about the rise of large language models like ChatGPT, deep machine learning's infiltration into industries, and the profound effects these advancements could have on your job, your creativity, and even your family time. We're not just analysts with charts; we're soothsayers at the cutting edge, forecasting how today's tech marvels might shape our tomorrows.
As we navigate the twists and turns of a presidential election year, we also cast our gaze over historical market trends and the vital signs of today's economy that could herald prosperity. Will the specter of a Trump-Biden rematch send ripples through the financial sector? Listen as we delve into the tantalizing world of political power plays and their influence on our wallets. And rest assured, we keep it lively with a dash of humor, musing over technology's portrayal from silver screen to sitcoms—ever wondered how Futurama might prophesize our futures with robots? Tune in and find out.

Thanks for joining us on Intelligent Investing with Glenn Leest! Your go-to source for navigating the complex world of finance and becoming an intelligent investor. We appreciate your trust in us and your commitment to your own financial future.
Connect with Us:

Glenn Leest
Senior Investment Advisor
WT Wealth Management
Office Phone: (928) 225-2474 Office
Email: [email protected]
Website: https://www.wtwealthmanagement.com/team/glenn-leest
Instagram: https://www.instagram.com/intelligentinvestingwithglenn/
Facebook: https://www.facebook.com/GlennLeestIntelligentInvesting/
YouTube: https://youtube.com/@IntelligentInvestingGlennLeest?si=d6S0y14lghz0eaHa
**Don't forget to subscribe, rate, and review our podcast on your favorite platform.
Your feedback helps us provide you with more valuable content.

We'll be back with more insights into intelligent investing and how it relates to your world.
Stay informed and make those smart financial choices.
Until next time, this is Intelligent Investing with Glenn Leest, helping you make your money work for you.
...

In this episode Glenn Leest and Jeff Oravitz talk with Glenn's guest Casey Dubravcic about investing in your mental health. Casey is a Psychiatric Mental Health Nurse Practitioner (PMHNP). In this Episode we discuss:

· Which areas of your life can be impacted when your mental health is struggling

· Nationwide mental health stats in America and ideas of why it is a growing problem in Adults, Children, and teenagers

· How Casey’s career went from being an ICU Nurse to now owning his clinic

· Why investing in your mental health may be more significant than you might think

· What prompted Glenn to start investing in his own mental health and the positive impact its has had on his career, relationships, health and over perspective in life

· Some of the services that Casey’s clinic offers and why they can greatly speed up the healing process for certain mental health concerns

Casey and Jill Dubravcic have a clinic specializes in helping Depression, OCD, Substance Abuse, Anxiety, PTSD, Bipolar and Chronic Pain treatment through medically assisted Ketamine infusions. You can learn more about the services Casey offers and learn more about some of the new and exciting developments in the mental health field.

Casey Dubravcic - Psychiatric Mental Health Nurse Practitioner (PMHNP)

https://revitalizeketamine.com/

https://revitalizeketamine.com/about/

https://revitalizeketamine.com/contact-us/

1800 South Milton Road, Suite 26, Flagstaff, AZ, 86001

Office Number for the clinic: (928) 440-8762

Glenn Leest

Senior Investment Advisor

WT Wealth Management

(928) 225-2474 Office

[email protected]

Thanks for joining us on Intelligent Investing with Glenn Leest! Your go-to source for navigating the complex world of finance and becoming an intelligent investor. We appreciate your trust in us and your commitment to your own financial future.
Connect with Us:

Glenn Leest
Senior Investment Advisor
WT Wealth Management
Office Phone: (928) 225-2474 Office
Email: [email protected]
Website: https://www.wtwealthmanagement.com/team/glenn-leest
Instagram: https://www.instagram.com/intelligentinvestingwithglenn/
Facebook: https://www.facebook.com/GlennLeestIntelligentInvesting/
YouTube: https://youtube.com/@IntelligentInvestingGlennLeest?si=d6S0y14lghz0eaHa
**Don't forget to subscribe, rate, and review our podcast on your favorite platform.
Your feedback helps us provide you with more valuable content.

We'll be back with more insights into intelligent investing and how it relates to your world.
Stay informed and make those smart financial choices.
Until next time, this is Intelligent Investing with Glenn Leest, helping you make your money work for you.
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