In this episode, Don Cash tackles the pressing question on everyone’s mind: Should we panic about recent market drops? With the stock market experiencing sharp fluctuations and fears of a recession looming, he breaks down the economic landscape and provides a clear perspective on what really matters for investors.

💰 Don covers inflation to the "Magnificent 7" stocks—including the dangers of market concentration and why diversification is key. He also introduces a powerful storm analogy to illustrate how many investors live on an "Island of Complacency", ignoring risks until disaster strikes.

Here’s what we discuss in this episode:

🔄 The cyclical nature of market corrections – Why they happen & how to stay calm ⚠️ Understanding investment risks – The downside of putting too much in one place 📰 How media hype affects investor psychology – Separating fear from reality 📊 Why diversification matters – A balanced portfolio can mean fewer sleepless nights 🌪️ The “Island of Complacency” analogy – What happens when risk is ignored

Get in touch with Don and learn more: https://doncashpodcast.com/

In this episode, Don and Marc explore smart tax moves to consider before the April 15th deadline. They focus on ways to take advantage of accounts like IRAs and HSAs, as well as important deductions that often go overlooked. The conversation highlights opportunities to maximize savings for the 2024 tax year, covering everything from retirement contributions to charitable donations.

They also explore how certain tax moves can help you minimize your taxable income, whether you're self-employed or planning for retirement. This episode offers practical tips for anyone looking to make the most of their tax situation before filing.

Here’s some of what we discuss in this episode:

• Tax forms to be on the lookout for in retirement
• Strategies for maximizing IRA contributions
• The benefits of SEP IRAs for self-employed individuals
• Health savings accounts (HSAs) and their tax benefits
• Tax considerations for charitable contributions and qualified charitable distributions (QCDs)

Resources for this episode:

HSA accounts –

https://www.irs.gov/publications/p969

1099 forms –

https://www.kiplinger.com/retirement/tax-forms-retirees-receive-and-what-they-mean

Wall Street Journal Article on 2024 Tax Planning –

https://www.wsj.com/personal-finance/retirement/retirement-taxes-contributions-withdrawals-guide-bc308053?st=MNY85o&reflink=desktopwebshare_permalink

Get in touch with Don and learn more: https://doncashpodcast.com/

We knew this year would bring plenty to talk about, and so far, it's certainly living up to that expectation. In this episode, Don and Marc dive into the key economic issues making headlines: government spending, tariffs, and the DOGE (Department of Government Efficiency).

With a new administration in office, they break down important economic indicators like inflation and employment, and discuss how tariffs impact both inflation and global trade. They also take a closer look at the history of tariffs, their economic effects, and why the Federal Reserve has decided to keep interest rates steady.

The conversation also covers the DOGE initiative, led by Elon Musk, the tensions surrounding the project, and the growing federal deficit and what it means for taxpayers. Tune in for a timely and thought-provoking conversation today!

Here’s some of what we discuss in this episode:

• Current key economic indicators and recent Fed actions
• The historical context of tariffs and their role in government revenue
• The Department of Government Efficiency (DOGE) and it’s purpose
• The controversy over DOGE’s authority and access to sensitive information
• The impact of Government spending on Americans

Resources for this episode:

The US Debt Clock

https://www.usdebtclock.org/

Get in touch with Don and learn more: https://doncashpodcast.com/