Latest Talks Podcast - Ep #59 | Guest: Mendy Feferkorn

The guys like Bitcoin is a gamble. Nothing have changed. Investments [Music] develop. 80 to 90% change [Music] about business financials also referred as Mandy. recently in English of pushup and of living financials for the future. about financials and financials everyone showing up. So back office episode for this is teeth whitening mentioned the host group family specialist WhatsApp 929269-5771's latest episode 56 million individual families, $15 bill is covered. So family out of medical expenses of the hospital limited selected network from doctors reimbursement rates of 91498300 visits of united.org family mention latest gift card membership from the ads call for latest basic background as So initi Coughs. Um, which is in the 60s. in the industry in the line. Brand new printers. So, Fore design. interesting computer system a total different thing something special brand [Music] business for the guest art cover benches. This is basically >> wow the company publishing A1 skull cap [Music] the lower east side H&M skull cap published by H&M skull cap publishing in A1 skull cap and this is the most popular in any medish the most popular. So, companies, the most foreign business bankrupt. But she is what he is. market basically as their base or you know inconsistency. Exactly. all the way down the road. Hot consistency is where is the same of the is redevelop the for the main is busy mission. Foreign speech. Foreign speech. So the main basically changes pages. So this is why beautiful shine. Wow. of so I come up in the back. Interesting. So do many versions in versions. Yeah. >> Interesting. So, um this by the way you know of course forage is of page himself whatever concentrated before and fine page. So [Music] the hunt finish the page. So change to certain points. Wow, this is interesting. So this psychology and human interaction. Wow. Interesting all the way. So whatever you do in in in your um in your business, you have to calculate all everything around. changed. Let's put changes. Right. But specifically, this is all challenging. foreign. This is basically do this. Interesting. Mistakes. Of course, you know certain things. mistakes throughout [Music] the top notch. Yeah. Interesting. Well, daily basis all day every day. Okay. So the next topic was um obviously for the future Oh, wow. [Music] Actually, insurance agent in sales is giving whatever it was better for him. He had to push in this numbers heavy involved in the stock market you know in those days positions. came the 2000 crash. The 2000 crash 19 the high 80s high 90s 2000 is crash in the market marginal grow big Fore [Music] business, you know. And guess what? The situation and laptops and computers. It wasn't account. That's it. paper statements $1,000 $1,000,000 convinces Roth IRA, my retirement fund for a second was the Roth IRA the Roth IRA in the IRA which is the same thing. It's just the difference in the taxes when you picked off the tax credit. So IRA is taxed deduction,000 of the book,000 profit books $1,000 income $94,000,000 but is taxable. A Roth IRA is down the road taxfree 65 years old taxfree. So the benefit IRA, the Roth IRA, [Music] like yeah so the IRA and Roth IRA highest in Yiddish is pens pension planning it's retirement planning social security that's it Because unfortunately 65 years old whatever. Okay. Retirement dry million. dollar when it's 65 years old >> which is a beautiful number >> inflation is inflation a beautiful number hopefully >> you know it's fine but stillion in in close actually in expenses. Social Security is on expense once expenses. for me finance. Beautiful life. Exactly. Extra expenses. Of course. Sure. You know, the point was in the line. Allah says fine. This is a Life insurance. This is expenses all over. Correct. Kim and demo [Music] real estate and it's a broker contract. Unfortunately, my financial situation and whatever reality reality. So the Fore business whatever the host Fore [Music] back into the statements. retirement funds retirement funds beautiful retirement fund. So you know the business buildings the envelope is a shine envelope so it's a beautiful bonus that's backbone. I like the way You know, correct. My point is in business. They are the taste down payments for 100%. So you know you can use this money for down payments. So beautiful. Whatever the number is, it doesn't matter what the number is. Whatever situation envelope envelope statements envelopes envelope but Foreful, a free platform expenses. Special charts from sophisticated features and categories. And by default, Marketplace deals and discounts. of the app.cription monthly subscription profile directly in the budgeted app. Budgeted apps available in the Google Play Store in the Apple App Store of Budget.com. Exactly. As I mentioned, for reintroduced natural entertainment. of Spotify.com Apple Music WhatsApp. Amazing. >> Okay. Investment for a second. Actually budget daily, weekly, monthly budget set of priorities number one priority. [Music] But then of allocated rent, mortgage, grocery, budget is done. future retirement. [Music] Then again, Allah certain no matter what the Whatever is essential essentials budget. Unfortunately, between 90 to $120,000 of Then we get lab grown stones and we get um Kleiner jewelries and we get by the is absurd. I'm sorry. Mention fancy holes shaking presents and it it just doesn't make sense. Maybe it's once $1,000 is absurd. anything more than that. I'm sorry. beautiful shin home tiles and beautiful it doesn't make sense of but the fact is But the fact the standard standard standard the fact as a whole standard is extremely messed up and the stand is absurd. And the fact as mentioned and family was in the business, you know, it's contradicting because my family is in their line. But and growing their business as long as I spend but as the average match fancy because they are the standard. It's insane. Just my point. I totally agree with you. Same show every night, different actors. Exactly. Totally agree with it. I'm cautious and careful and the movement. So maybe episode reached out because of that episode behind mind. It's not standard. It's extremely luxury. The fact behind the mind is insane and absurd. So the family and that's it. Extreme luxury for some reason. doesn't make sense. That's true. The core of the problem is [Music] 000 million grocery of the is a certain standard total different plastic right in the standard simple hole is approximately the plots,000 for apartment. That's to to system unnecessary for you know by the way the fact correct A standard system. Correct. by the way. Changed my fulltime job. But okay, whatever. Exactly. So financial a with the actual furniture set. Um whatever. Okay. But is over right away. But but the point is as mentioned was spent it's the problems was mentioned you know pres the the You know, you know, individual. Okay. overall for the average man for the practical life issues throughout. So the big picture. The big picture. Correct. Correct. Correct. individually points 80 to 90% correct but But you're not moving the goalpost. But how can I change it? It's it's non- ending. The fact is nothing has changed. It's only becoming worse. So, so the reason that's it So, so change mentions behavior as a whole. You know, everybody works on themselves and changes the solution. for building blueprints. Okay. Blueprints building 2x4 size of the location blueprints. A beautiful building. They're [Music] born beautiful financial life. So building 2x4s all the time and following a plan. building. So to no end essentials and non-essentials dining room. So, no problem. in the budget of a foul with the likes of the defense. child. Whatever it is, is raw materials and therefore is the bill raw materials. So whenever this bottle may blueprint budgeting budgeting blueprint Fore sheet of papering groups. Beautiful. Whatever. expenses essential. So yes essential is grocery essential essential grocery include millions. Exactly. Is clothing essential? Eye package again. for the furniture. Whatever they like computer, whatever. Whatever. Down payment. Watch the blueprint. Dry dollar daily budget extra ice. True. Exactly. for breakfast is ahead of the game. He can't own building 500 building. Exactly. for hook. Totally different. The change of habits focus. >> Guilt is powerful. Guilt is powerful. Boom. Boom. Stopped. Stopped. Madness for the neighbors, for the for the bleeders, for the sugar, for the system expense. Maybe say it's a $15,000 total. Back more than pressing. So don't blame the kids. Blame the I haven't [Music] as a full-time remote employee from Philippines Dominican Republic a remote employee 9 to5 down time zone bookkeeper customer service architect a photo editor Amazon specialist any kind of arbiter can English, no hidden fees and novel. Callid for less 8456820990. Click the link in the description. Guilt is financial. Financial plan gave him confidence. Financial goals reality invest Alliance millions in the long term for Oak Private Wealth, a registered investment advisory company. CPA in a certified financial planner experience in health and successful mention financial success email coutprivate.com cde dut sprivate.com Oakprivate wealth invest tested in D success. So exist. So Because financial oriented of of financial structures misen coach financial advisor financial advis. foreign. Okay. Mention financial coaching, financial advisor. He never gets to step two. More session. So accounts also cost. So the problem is perfect. The problems of the majority mention this podcast in the majority genius. simple. So you got this. Okay. Number one, whatever age is. Okay. Research done bank statements. Whatever she tells organizations fine simple straight mancees balance budget balance you can make it work of the number of Diagnose the problems. 0.05 and percent manager millions and millions and millions of dollars. The best again simple can align account in fidelity.com systems systems. I just don't have enough hours in my day. for multiple accounts fractional shares S&P 500 S&P company which is VU other IV other FX any of those names whatever So he ended up losing a fraction set automatically. offset IRA HSA account for medical insurance companies deductible charity account. Donor advised funds. Yeah. Correct. You know what is transfer straight donations but for a second the S&P 500 the S&P 500 is the fin hindic companies in America. So explain. Okay. Fidelity clarity organization a bank organization chase fidelity organiz in the grocery is do departments. So do the flash department, the mil department, part of department, whatever is department. Okay. Department to the financial an organization a financial institution chase fidelity vanguard this is in the financial aosity in the financial solutions do different type of accounts which find different departments fly so do savings accounts do brokerage accounts do IRA accounts do the charity accounts do many many different type of accounts which has departments in the account which has in department 500 says fund was focused north of technology. So fund was focused north of healthcare. So fund was focused of banking which is within this instit. Okay. So the S&P 500 S&P 500 versus well S&P 500 is a companies >> American companies Yeah. Microsoft and Google nationwide worldwide worldwide. Right. So the companies >> but the lower end was >> even even the lower end of the world. Fine. So, but yeah. So companies S&P 500 certain criteria S&P 500 value automatically automatically ded as if position costing the S&P 5 out and they put a new on takes a foot automatically around. So based on the data, >> so based on the data, >> correct? The S&P 500 is a gauging system. It's a gauge defined companies. It's a gauge whoever falls into the 500 highest >> those guys around. So automatically the S&P fund was the fund the same amount controlled by the S&P 500 is controlled by fund managers S&P fund based on data. It's based on data. is the safest the safest place to put your money for long run. returns. >> So in in the calculator.com compound interest compound interesting $5,000 monthly contributions $1,000 year up to $90,000. Never ever happened. in 1928. Okay. So at least double mentioned an emergency. Number one. And number two is for special account. Yeah. mention was was exactly of course. Oh yeah. Otherwise most mention. So vac of them and keeping the rest. >> Yeah. >> So that protects you from taking out money. So you put it in your budget. touchy topics. That's just an idea. At least 50% Fore came to their age. the footsteps and Medicaid and the programs. So techfidelity.com 800 number 24 hours a day number doing the number for the financial Not even investment for the future and this is certain literally best We can stay alive tax returns how just listen simple gorgeous calculator, load budget. Exact budget number put in the dollar and device is done 100%. backbone website is the back in the website and the whole technical accounts. I know at least 15 years ago and um and then at some point ad, do you know if you invest $200 in the S&P, you'll have a number can so like the guy is on point exactly like mention let me reach out to him how do I find it nephew's contact the number and I reached out him. I told him, "I want to partner up with you website." And he told me, "Okay, let's go." So, like 2, three days later, we were set up. >> And it was amazing. I mean, all of a sudden is boom and hands on technical. Unbelievable. me. This is our invest, you know, you keep out of the picture because it's all about the mission when technically financial advisor You know, but you kept out so far from the picture. Clearly there's no personal agenda here. >> But you know it's not enough the fact you know the introduction you know including their podcast awareness but I'm Okay. But it's longevity, you know, can help mention in the long run. Well, you know, the guys are back and charging. These are the financial advisor. These are mention anytime organization business, you know, for the long run. I think So we try to automate in the website as much as possible happens to be emails to mention questions 99% of the questions do chatbot which is connected to chat GPT can enter the cash we wouldn't really have to be involved in it. >> Oh wow. So techsavvy to the next it's on the calculators on the howto videos or less lit you can do it all by yourself. Okay. I'll introached out to me that ideas which is behind my mind. Maybe financials some kind of a thing. Learning of the podcast. They're both buildings. Goldfield oil field like message like investments [Music] developments buildings and especi The guys investment Can I get investment investment investment company of the invest like We chase like 500. Wow. Okay. So line of business of course investment the guys guaranteed. So, >> and the next benefits not eligible for benefits. amount. Maybe a certain amount earnings in timber investments highest assets earnings foods New York City section 8 upstate New Jersey again. Food sense Medicaid, no problem. Section vouchers, no problem. Again, assets. So assets as part of the income. So financial advisor. Okay. answers. But basic Especially the fifths and fifths and earned tax earned credits. in the account x amount of all of you know $50,000. So So numbers complicated. So the mention was benefits do all these organizations the council but in general assets benefits. >> Oh, very interesting. Okay. So, you know, we'll see. Exactly. So, if it has no kind Yeah. Excellent. The fact Open economy. Everybody's free to do whatever office is an option. This is the future millions. The pros and cons millions of future your tuna sandwich is millions of dollars of your future, right? And then some website the technicalities. So it took time either way. So goal and how much you want to make. And we have a calculator that we added a button PDF download completely. And then we have a regular calculator. And we added more section videos of Google. Okay. in the beginning. So, so the calculator is likes age. Yes. That's the average. The next field. Okay. 50,000 and the hitsulate exactly the bottom full income. Ramadan expenses. teaching. fority. Exactly. Whatever. Correct. And then the hostile $50,000 and you can split it up over their initial investments online per child. The the trick is in life you'll pay 100 200 300 compound the better. The younger the better the tax earn credit the $15,000. Forget about [Music] for mention age bills expenses the expenses 6,000 15,000 Wow. Yeah. The family is there. But but but the is automatically rebuild. retirement. Wow, this is an amazing idea. Dollar of dollar, no matter what. 15,000 whatever the number is >> focused >> focused you don't lose your focus let that 150 is going to work wonders wow actually [Music] retired but 67 half million It's a very interesting retired. No problem. >> Excellent. Okay. Okay. The president get the government January 2025. term get sponsor Michael computers I think he's the sponsor for it a thousand whatever tax deduction IRA taxree tax tax deductions earnings tax deduction which is amazing. of the income of the income. Okay. Okay. of the $6,000 do a capital gain long-term capital of approximately 10 to 15% tax deduction. Right? Right. Right. This tax deduction number one was the reason for the Fore [Music] companies matching mention tax advantage. Basically, it's an incentive about exactly for California farmer. relating to them. S&P 500, S&P 500. Correct. It's a fact. investments in Bitcoin. Um, diamonds are investment. Just putting it out there. to prod a physical gold is irrelevant% portfolio. It's not a bad idea, right? a portfolio around like in in in bonds in it's not a bad idea international funds not a bad idea but when they are single individual investments a stockberry the phone out Fore the palms in the system. So the split S&P 500 is automatically invid [Music] by the diversifying as I mentioned. >> So diversifying gold bonds, international funds upside but understand the higher your upside potentials the higher your risk of losing. So% profit margin in the upside is same% downside% is basically rewarding. Bitcoin is a gamble. I should say a million. Correct. Eventually. Correct. Mention gold. Bitcoin. Okay. Bitcoin invests. Okay. Versatile market have fun. >> Exactly. since it >> do not buy Bitcoin with your wife's money that you earned. No, the SB the S&P is companies. Bitcoin is a hypothetical by the way companies [Music] real estate but I guess the physical material from gold certain diversify physical gold coins. Coins fractionact but at least 90% run the numbers the yeah the chart is >> I ran the numbers wow any building in 1950 cost,000 50,000. Okay. $,000 in 1950. Million00 building 1950 2 million probably. Oh, >> about four five,000,000 10% 1.2 numbers also getting 1.2 2.4 6 uh uh uh uh 4.8 9.6 6 19 million 36 million. >> Wow. >> Who beat S&P? So yeah, S&P the S&P 500 historical calculator, 1980,000 down payments, but I'm saying hypothetically,000 15 million just saying maintenance because in capital appreciation. Right. Not grow to this number. Exactly. Again. Soion will will accumulate right in the real estate business and business and their hot buildings rents. That's his business maintenance free. Okay. Life insurance. So yeah. discuss life insurance. Life insurance life insurance. Life insurance for the difference is a term policy for a million dollar on a 25 year old is approximately $30 a month. $360 a year. The Zela million for the Zela is $10,000. the Zela policy coverage,000 per child. So as I mentioned affordable 50,000 a term policy for the same amount is between $500 $500 a month at maximum $45 $500 a month it's $600 is affordable then the rest gel li around S&P is way outbeaten The life insurance policy double does policy expired way more insurance policy. So the unhapp insurance policy available so hard cash IBIC available anytime so >> doesn't grow so much doesn't grow and guilt Fore interest account in term init insurance is a fantastic organization. Whatever the number is right distributed to the fantastic organization millions. Yeah. and and and you know life insurance. Life insurance is like family life insurance. It doesn't make sense. And Let's go. Insurance. Exactly. 100%. [Music] But the minute a million dollar policy million up policy based on Exactly. So yeah, the agent [Music] set of back office insurance policy. the basics in life. So the community I'm going to really really consider and maybe this is a private business. It should be a private business call can use the services% maybe. Yeah, maybe you're right. I will definitely bring it in. advisor and a financial advisor maybe insurance and health insurance and and um and property insurance and fire. Yeah, you're right. >> Exactly. Health was fantastic organization. It's not for the global audience services. But the point is because organization whatever nobody cares about the parking lot in the for views of Spotify. But the point is as they mention what gives you the energy to go on and off exactly every daily emails and text messages when Okay. Everyone gave me. >> So the final message is responsibility. This is the future coverage. Amen. solve a line. Just be careful on your dollar on the day from the bring it to reality. So the office studio for the podcast. Yeah. [Music] office sales pitch. So office budgeting financial certified financial planner [Music] trusts and corporations insurance agent [Music] in the office. Telephone number is 3478316468. 3478316468. license for insurance. [Music] Minimal fee legal legal certain benefits legally and financially. All information office for financial advice one-stop shop for the need for the mench for the mench. service. Yeah. Yeah. So the number is contact of 3478316468. So a company sized top tech cabling and voel cabling for low voltage and camera system security systems for companies IP phone service systems AI systems 845 56664008456664000. It is a brilliant brilliant brilliant technician for all your needs. >> Thank you so much. I appreciate it. and separate category exist any WhatsApp groups of family chats whatever is in supports the comments comment of YouTube and until next time zag [Music] Miguel, please. [Music]