Thoughts On Money [TOM]
Episodes
Moving the Ball Down the Field
21 May 2021
Contributed by Lukas
’ve been a sports fan most of my life. I‘ll watch any sort of sport, from the Tour de France to the Olympic Games to Baseball. The athleticism, ...
An Inflation Irritation
14 May 2021
Contributed by Lukas
What is the best hedge against inflation? (a) Bonds (b) Cash (c) Stocks (d) Gold The answer is “c.” Why? Let’s keep it simple: if inflation is ...
Liquidity Ambiguity
07 May 2021
Contributed by Lukas
Today, I want to talk about a word in finance that is often misunderstood and/or ignored – liquidity. There is a language of finance, and liq...
Dumbfounded by Diversification
30 Apr 2021
Contributed by Lukas
Growing up, I didn’t know the difference between salad and lettuce. I’d always asked my dad to put salad on my sandwich. Luckily, dad knew what ...
The Leftovers
23 Apr 2021
Contributed by Lukas
A surplus in cash flow can be problematic. Alternatively, when one has more income than expenses, it can be difficult to decide what exactly to...
No Surprises
16 Apr 2021
Contributed by Lukas
I’m married to a planner. I have become well versed in scoping the landscape and communicating to my wife all the possible things that could happen...
Financial Siblings
09 Apr 2021
Contributed by Lukas
My wife and I have two sons at home, 2.5 years old and 9 months old. Even at these young ages, we can see how different these two boys are. Th...
Cloning Your Money
26 Mar 2021
Contributed by Lukas
Growing up, I adopted a negative view of borrowing. I saw many family members get in over their heads in debt, which eventually led to horrible thin...
Financial Cravings
19 Mar 2021
Contributed by Lukas
Do you suffer from financial cravings? TOM helps put you on the right financial diet to keep your portfolio healthy! Links mentioned in this episode:...
The Madness of Methods
12 Mar 2021
Contributed by Lukas
Over the last few months, many of my Thoughts On Money have revolved around the importance of marrying one’s financial plan and investment managemen...
For the Love of the Game
05 Mar 2021
Contributed by Lukas
I come across a lot of people that implement strategies from investors they admire. Much too often, these strategies are constructed without understa...
When It Rains, It Pours
26 Feb 2021
Contributed by Lukas
Our family takes full advantage of this beautiful weather, and I am sure these claimed averages do ring true, but this does not stop us from checking ...
Lost in Translation
12 Feb 2021
Contributed by Lukas
Have you ever tried to learn a foreign language? It can be a slow and arduous process. Many say that an effective way to speed up the learning process...
Eat Your Own Cooking
07 Feb 2021
Contributed by Lukas
For a financial professional, there are two decisions that need to be made: (1) What will I recommend to clients? (2) What will I personally own? What...
Trust is a Must
29 Jan 2021
Contributed by Lukas
We live in a world that we could have never imagined a decade ago. We are more “connected” today than ever, yet many of us are feeling more alone ...
The Aroma of Euphoria
22 Jan 2021
Contributed by Lukas
Have you ever played musical chairs? An exciting game, full of anxiety and anticipation, as you are left wondering if you will be left without a seat ...
Tailored Fit
15 Jan 2021
Contributed by Lukas
Trevor is joined by TBG co-workers Sean Latimer and Leslie Rea to talk about developing the right kind of financial portfolio. Links mentioned in th...
Unknowable
08 Jan 2021
Contributed by Lukas
Trevor has a conversation with TBG Managing Director, Solutions and Analytics regarding investing principles and how to take the fear out of the proce...
Check, Check....Can You Hear Me?
18 Dec 2020
Contributed by Lukas
Start with broad categories to begin organizing your potential checklist items. For personal finance, that’s things like Tax Planning, Estate Plann...
DIY YI YI
11 Dec 2020
Contributed by Lukas
If you worked at The Bahnsen Group, you’d know that Sean Latimer and I eat lunch together just about every day. We are blessed at The Bahnsen Group ...
Easier Said Than Done
04 Dec 2020
Contributed by Lukas
Let’s imagine we had a time machine, but this time machine would only allow us to go back 90 days – that’s it. So, we jump in our time machine,...
More Than Numbers
20 Nov 2020
Contributed by Lukas
Trevor Cummings and Sean Latimer from The Bahnsen Group Links mentioned in this episode: http://thoughtsonmoney.com http://thebahnsengroup.com
Completely Cryptic
13 Nov 2020
Contributed by Lukas
What happens if you don’t have principles or an investment philosophy? Then you are going to lean on what “feels” right at the time. These fee...
Lessons on Stubbornness
30 Oct 2020
Contributed by Lukas
Stubborn as a mule. That’s how the saying goes, and I’m often that mule. Stubbornness at times can be a strength when it’s a result of deeply ...
The Gratification Game
23 Oct 2020
Contributed by Lukas
In the world of Psychology, there is an often-cited study that was conducted at Stanford University called the Marshmallow Experiment. This was resear...
The Variation of Variables
20 Oct 2020
Contributed by Lukas
Another great episode with Trevor Cummings and Sean Latimer of The Bahnsen Group Links mentioned in this episode: http://thoughtsonmoney.com http://t...
The Confounding of Compounding
09 Oct 2020
Contributed by Lukas
This week's Thoughts on Money [TOM] is filled with some personal stories that, of course, I think are interesting but I promise that I get into some k...
Mission Possible
03 Oct 2020
Contributed by Lukas
One attribute of outstanding leadership is one’s ability to cast vision; to clearly articulate the organization’s objectives in a simple and inspi...
A Sure Thing
18 Sep 2020
Contributed by Lukas
The bible tells us, “Pride goes before destruction, and a haughty spirit before a fall” (Proverbs 16:18) a warning about overconfidence and how ar...
Are you Ready for Your Financial Report Card?
11 Sep 2020
Contributed by Lukas
Financial planning is a math equation. This equation has multiple variables ranging from intrinsic metrics like your goals, financial resources, perso...
Learning How To Fish
04 Sep 2020
Contributed by Lukas
Since the inception of Thoughts On Money, the objective has been the same - to help translate the complex world of personal finance into something mor...
An Active Debate
14 Aug 2020
Contributed by Lukas
There is a debate out there in the world of finance. A debate about active vs. passive investing. Today I take you on a journey through my personal ti...
Shiny Objects
07 Aug 2020
Contributed by Lukas
This week's Thoughts On Money addresses the never ending quest for "free money." Whether it's some get rich quick scheme someone at work is whispering...
A Leading Indicator
31 Jul 2020
Contributed by Lukas
Today I want to address a question I have been getting a lot from clients and friends. This question is usually premised by a comment or concern soun...
The Commitment Crisis
24 Jul 2020
Contributed by Lukas
Here’s the problem with commitments, they take time and time is a finite resource. Personally, I need to learn to not overcommit. More and more, I ...
Cash is Not Always King
17 Jul 2020
Contributed by Lukas
Many researchers conclude that an average adult is responsible for making 35,000 decisions a day. Some of these decisions are big, like who you will ...
Temper Your Tantrums
19 Jun 2020
Contributed by Lukas
Joined by TBG Advisor Sean Latimer, your host Trevor Cummings answers some questions of how markets really work. Links mentioned in this episode: ht...
Will I Make It?
12 Jun 2020
Contributed by Lukas
The human condition finds most of us being short-sighted. What I mean by that is that we tend to get caught up in current events and what’s happeni...
I Worked My Whole Life for This?
07 Jun 2020
Contributed by Lukas
Today’s article is about that day we hang up our occupation and step into retirement. The question is, will you love it? Links mentioned in this ep...
Expect The Unexpected
03 Jun 2020
Contributed by Lukas
The key to making good decisions is creating an environment that is conducive to success. When it comes to investing, much of this battle is fought i...
Portfolio Pick and Roll
22 May 2020
Contributed by Lukas
I love playing basketball, watching basketball, thinking about basketball. I love basketball. Maybe it’s because it not only requires skill, agilit...
Why Would I Want to Invest in a Week Like This?
09 Mar 2020
Contributed by Lukas
This past week I had the pleasure of getting lunch with a recent high school grad to discuss the wonderful world of finance. He’s a bright young ma...
The Endurance Sport that is Investing
02 Mar 2020
Contributed by Lukas
I typically devote some part of my weekend to researching on what I plan to discuss each week on Thoughts on Money [TOM]. I had no idea that my decis...
Living Off the Interest
14 Feb 2020
Contributed by Lukas
Will the income from your portfolio satisfy all of your living expenses in retirement? This week's TOM looks at important factors to consider. Links ...
Are You Covered?
13 Feb 2020
Contributed by Lukas
In the past few weeks, I’ve found myself in multiple conversations explaining the need and purpose of life insurance. We’ve covered this topic in ...
Slow and Steady Is the Way to Go
31 Jan 2020
Contributed by Lukas
Topics discussed: In the old fable The Tortoise and The Hare we find this classic tale of the slow and steady vs. the erratic and volatile. This fabl...
Only Hindsight is 20/20
23 Jan 2020
Contributed by Lukas
Topics discussed: I had two conversations last week that came to opposing conclusions about 2020. One friend told me they had a gut feeling about 202...
Clarity on Charity
17 Jan 2020
Contributed by Lukas
Topics discussed: As we closed out 2019, I fielded a lot of questions about Donor Advised Funds (DAFs). For some, this inquiry was sparked by an inte...
Funding Education Doesn't Have to Break The Bank
10 Jan 2020
Contributed by Lukas
Topics discussed: As we enter into 2020, we know one thing to be true – politics are going to be a hot topic. Each week the news is going to headli...
Lessons Learned - A Tale of Two Decades
23 Dec 2019
Contributed by Lukas
Topics discussed: As we approach the end of the year, I brace myself for the many retrospective look-backs on 2019 from my favorite media sources. An...
Appreciating Income is the Thing To Do
19 Dec 2019
Contributed by Lukas
Topics discussed: The end of the year is a season when I conduct a lot of review meetings with clients. Along with discussing holiday plans, sharing ...
It's Okay to Budge on your Budget
18 Dec 2019
Contributed by Lukas
Topics discussed: As we approach the New Year many of us will begin to think about the resolutions that we want to make for 2020. We know from experi...
'Tis The Season To Be Tax Planning
22 Nov 2019
Contributed by Lukas
I absolutely cannot believe that we are already preparing for Thanksgiving. It feels like 2019 flew by, right? Well, I know from experience, that thes...
Is it safe to invest when markets are at all-time highs?
18 Nov 2019
Contributed by Lukas
Thoughts on Money Podcast is hosted by Partner, Private Wealth Advisor Trevor Cummings from The Bahnsen Group in Newport Beach, California.
What Direction Does Your Cash Flow?
05 Nov 2019
Contributed by Lukas
Here is a very common question I get as an advisor, “Should I pay off my mortgage?” This is a difficult question to answer for two reasons: Most o...
Investing In Risk
05 Nov 2019
Contributed by Lukas
Trevor Cummings talks about how "risk" can work as a benefit for the savvy investor.
How To Enjoy The Fruits of Your Labor
21 Oct 2019
Contributed by Lukas
For a retiree, there is plenty of media out there to help instill this fear that you may outlive your savings. Talks about rising healthcare costs, fe...
Bucking The Trend
18 Oct 2019
Contributed by Lukas
As a financial advisor, you get used to the fact that if you show up to a family function or a gathering with friends you are bound to get asked a han...
Keep Your Eye on the Ball
04 Oct 2019
Contributed by Lukas
It's not only essential to save but to look at where one saves. In this episode of the Thoughts On Money Podcast, Trevor looks at the importance of ta...
What Is The Bottom Line?
25 Sep 2019
Contributed by Lukas
TOM is a podcast by Trevor Cummings, Partner and Wealth Advisor at The Bahnsen Group in Newport Beach, California.
Pearls of Wisdom, Buying A House, Building Your Own Pension
12 Sep 2019
Contributed by Lukas
The Thoughts On Money Blog posts for the Month of August 2019
Who is TOM? Trevor Cummings and David L. Bahnsen
19 Aug 2019
Contributed by Lukas
In this episode of TOM, Trevor is joined by The Bahnsen Group, Founder and CIO David L. Bahnsen to discuss the last month's topics Trevor covered.
Introducing Thoughts On Money [TOM]
22 Jul 2019
Contributed by Lukas
In this inaugural episode, Trevor talks about his motivation for starting TOM and offers his commentary on recent issues of the TOM Blog.