Jonathan On Money

This week, join Jonathan I. Shenkman, President & CIO of ParkBridge Wealth Management, as he goes “IN FOCUS” to explore more advanced wealth planning topics.  Today, we discuss “The Latest and Greatest in Aggressive Tax Strategies” featuring Matthew E. Rappaport, Esq., LL.M., Vice Managing Partner, Falcon Rappaport & Berkman LLP. Today’s show will cover a spectrum of available tax strategies and analyze whether a risk-friendly taxpayer can give them a shot or they ought to be on the no-fly list. We’ll discuss techniques such as the Employee Retention Tax Credit, conservation easement deals, inter-generational split-dollar life insurance, captive insurance, aggressive split-interest trust planning, solar energy deals, and exploratory oil and gas. By the end of the program, you’ll be better equipped to advise clients regarding these various tax-motivated transactions when they come up in the course of conversation.  Stay connected:1) Questions? Comments? Media Inquiries? Reach out to Jonathan@ParkBridgeWealth.com2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars 4) Click to follow/connect: Instagram | X | YouTube | LinkedIn | Blog Hosted on Acast. See acast.com/privacy for more information.

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management this week as he discusses a variety of timely investing and financial planning topics, including:In honor of Jonathan’s 39th birthday (April 17th), he will share 39 timeless personal finance lessons with listeners. Enjoy! Stay connected:1) Questions? Comments? Reach out to Jonathan@ParkBridgeWealth.com2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars  4) WATCH my daily financial planning videos: Instagram | X | YouTube | LinkedIn   Hosted on Acast. See acast.com/privacy for more information.

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management this week as he discusses a variety of timely investing and financial planning topics, including:1) Personal Finance Rules Of Thumb (With A Frum Twist)2) Too many 1099s during tax season? Solution to consider.3) Old adage about investors in Bear Markets4) Am I a rookie investor event though I’m making money? 5) What financial advice would you give to someone in their 30s?6) What are your thoughts on "do it yourself investors"? Can anyone actually invest themselves? On the other hand, do you think everyone should be able to do it themselves?7) Why isn’t SPY sufficient? It goes up annually 13%+ a year. It pretty8) I’m a rabbi. I have a rabbi trust provision as part of my contract with my shul. Should I still save in a retirement account?  Stay connected:1) Questions? Comments? Reach out to Jonathan@ParkBridgeWealth.com2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars  4) WATCH my daily financial planning videos: Instagram | X | YouTube | LinkedIn   Hosted on Acast. See acast.com/privacy for more information.

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management this week as he discusses a variety of timely investing and financial planning topics, including:1) Are Annuities A Good Investment?2) This week’s money quote, which is from the late great, Daniel Kahneman, who passed away last week at the age of 90.3) My kid is dating a girl seriously, but neither him nor his girlfriend have a decent job. They want to get married, but I think they need to get their careers on track first. What say you?4) If there is one single piece of financial advice you could give your kids what would it be?5) I missed the big run up in Nvidia. I still think it’s a good company. Should I buy the stock now?6) What are your thoughts on unions?7) I’m switching employers soon and my current employer has a great 401(k) plan. What happens if my new employer does not? What strategies would you recommend?8) Should I be concerned with the recent antitrust lawsuit by the DOJ against Apple?9) Why would anyone use a Roth retirement option in peak earning years over a Traditional IRA since with Traditional you get tax deduction and Roth you need to pay the full tax load?10) Pesach is right around the corner. My spouse wants to go away. We don’t have the money to do that. What do we do?11) I only own the S&P 500 and have done very well. Admittedly, I need some guidance on my finances. My question is what type of ongoing benefit is there to working with a financial advisor. Will they be able to outperform the S&P 500? 12) What financial advice would you give to someone in their 20s? Stay connected:1) Questions? Comments? Reach out to Jonathan@ParkBridgeWealth.com2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars  4) WATCH my daily financial planning videos: Instagram | X | YouTube | LinkedIn   Hosted on Acast. See acast.com/privacy for more information.

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management this week as he discusses a variety of timely investing and financial planning topics, including:***Note: I am participating as a panelist on a webinar hosted by ETF.COM entitled “The Future of Sustainable Investing” hosted by ETF.com. I will be discussing how I implement sustainable strategies for my clients. If interested, you can register here: https://events.etf-webinars.com/sustainable-investing/  ****1)  ESG investing: Matching Investors Portfolios With Their Values.2)  A thought provoking money quote from poet, Maya Angelou.3)  My son is getting married soon and he asked how they should split expenses and what to do with separate assets from before marriage?4)  How old does my child need to be before I can add them to my business payroll?5)  Can you breakdown the positives and negatives of 529 accounts vs a regular investment account for my kids? 6)  My brother-in-law told me that my portfolio is not structured appropriately. I've been primarily invested in tech stocks and just bought the Bitcoin ETF, so my performance has been outstanding. If I've been doing so well I must be invested correctly. Is there any merit at all to his view point?7)  I have all boys and I’m afraid that if I don’t build a guest room suite my future daughters-in-law won’t feel comfortable at my house and my kids will never come visit. It’s expensive. Is it a worthwhile investment?8)  Why don’t you invest in private markets?9)  Someone told me I should open a Roth IRA for my kids. What are the benefits of this?10)I’m looking at getting started in the financial advisory business. I got an offer from a group within one of the big firms. It’s run by a father and son team. They said I could make partner within a few years. Dad will also retire soon and that should allow for even more opportunity. Does this seem like a good opportunity to you?11) I’m getting married soon. Second marriage, but I'm still relatively young. My spouse has 100k of student debt. I don’t have debt. Will this cause issues? Stay connected:1) Questions? Comments? Reach out to Jonathan@ParkBridgeWealth.com2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars  4) WATCH my daily financial planning videos: Instagram | X | YouTube | LinkedIn    Hosted on Acast. See acast.com/privacy for more information.

This week, join Jonathan I. Shenkman, President & CIO of ParkBridge Wealth Management, as he goes “IN FOCUS” to explore more advanced wealth planning topics.  Today, we will discuss will “Women and Wealth: Challenges and Strategies for Female Clients" featuring Jonathan I. Shenkman, President & CIO of ParkBridge Wealth Management. Today’s show will cover the themes, challenges, strategies, and best practices when working with highly successful women clients.  By way of background, the percentage of women in the workforce has increased significantly over the past few decades. Furthermore, women own approximately 10 million businesses in the United States, which accounts for $1.4 trillion in receipts. The continued growth of financially successful women presents practitioners with an opportunity to address a unique set of planning circumstances that may not be as prevalent with male clients.  Stay connected:1) Questions? Comments? Media Inquiries? Reach out to Jonathan@ParkBridgeWealth.com2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars 4) Click to follow/connect: Instagram | X | YouTube | LinkedIn | Blog Hosted on Acast. See acast.com/privacy for more information.

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management this week as he discusses a variety of timely investing and financial planning topics, including: 1)  Money lessons from the Golden Calf, Vanderbilts, And Touro Synagogue2)  Quote from Warren Buffet on leaving money to kids.3)  What is the S&P 500 and Dow Jones industrial average and why should I care?4)  With inflation projected to be 10% annually, how do you recommend growing one’s money above inflation without using bitcoin?5)  I’m 42 years old and just got laid off. I have about three months in an emergency fund and will receive 6 months of severance. What’s my next financial move?6)  I’m getting married a bit later than most of my friends. My fiancée happens to come from an exceptionally wealthy family. Her dad is eager to pay all our living expenses and then some. Should I take his money?7)  Can I retire on the just the dividend income from holding one position, namely the S&P 500 ETFs and that’s it?8)  What are your thoughts on "fund of funds?"9)  Do you use chatGPT to write your articles?10) I can pay an advisor 1% of my portfolio to help me or I can keep that 1% and do it myself and will be 1% ahead compounded over time. What am I missing?11) I’m looking for a financial advisor but everyone I had spoken to charges a percentage of assets under management. This is an absurd business model. Why don’t more advisors charge a normal hourly fee like a lawyer?12) A lot of people that manage their own money say I should work exclusively with Vanguard. Why is that? Stay connected:1) Questions? Comments? Reach out to Jonathan@ParkBridgeWealth.com2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars  4) WATCH my daily financial planning videos: Instagram | X | YouTube | LinkedIn   Hosted on Acast. See acast.com/privacy for more information.

This week, join Jonathan I. Shenkman, President & CIO of ParkBridge Wealth Management, as he goes “IN FOCUS” to explore more advanced wealth planning topics.  Today, we will discuss will “Estate Planning for U.S. Clients who own assets and/or have descendants in other countries (with a special focus on Israel)” Avi Z. Kestenbaum, Esq., LLM, Partner, Meltzer, Lippe, Goldstein & Breitstone, LLP. Today’s show will cover the importance of Estate Planning for U.S. persons who have assets or descendants in other countries, with a special focus on Israel. We will cover.  o  Tax and estate issues with owning apartments and properties in Israel and other countrieso  U.S. trusts that have Israeli or foreign grantors, trustees or beneficiarieso  Foreign trusts that have U.S. beneficiaries or own U.S. assetso  Cross-border probate and estate issueso  Tax, compliance, and reporting issues with owning bank accounts and assets in Israel and other countrieso  U.S. Gift and Estate Tax issues for foreigners Stay connected:1) Questions? Comments? Media Inquiries? Reach out to Jonathan@ParkBridgeWealth.com2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars 4) Click to follow/connect: Instagram | X | YouTube | LinkedIn   Hosted on Acast. See acast.com/privacy for more information.

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management this week as he discusses a variety of timely investing and financial planning topics, including: 1.   Why the most important financial decision most people will make is who they decide to marry.2.   This week’s money quote from Chris Rock about wealth 3.   What would be the pros and cons of purchasing equal weighted amounts of the 11 stock market sectors and rebalancing your portfolio each year rather than just indexing the total market or the S&P 500? 4.   I just earned 57% on a real estate deal. I invested 50k and made 20k in 3 years. If I can get one of these homerun deals every so often even with a few duds along the way (which is pretty much guaranteed) why on god's green earth would I ever invest in the market?5.   I’m 38 years old and should be a millionaire in a few years. Once I become a millionaire can I retire?6.   I can buy the cheapest house in a super upscale neighborhood or the nicest house in a more modest neighborhood. The way I see it there are pros and cons to both. What are your thoughts?7.   Are annuities a good investment?8.   There are many ways to invest in real estate. Can you quickly go through them and what you would recommend? 9.   I live in a low cost and low tax state. We just went on vacation in an expensive and high tax state and loved the amenities and natural beauty. Is it unwise to give up such a cheap and financially manageable cost of living to move to an expensive state?10. I just read that illegal migrants are getting more in benefits than folks on SNAP. It seems like the system is set up to reward those who don’t play by the rules. What are your thoughts?11. I don’t have much money to contribute to retirement at this present time and whatever money you would be contributing is not allowed by a scholarship committee. Is there a legal way to contribute to a retirement plan not in your name (for example a parent) which could make you the custodian at a later date?12. I have 150k in an investment account. Should I liquidate it to build a pool? Stay connected:1) Questions? Comments? Reach out to Jonathan@ParkBridgeWealth.com2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars  4) WATCH my daily financial planning videos: Instagram | X | YouTube | LinkedIn   Hosted on Acast. See acast.com/privacy for more information.

This week, join Jonathan I. Shenkman, President & CIO of ParkBridge Wealth Management, as he goes “IN FOCUS” to explore more advanced wealth planning topics.  Today, we will discuss will “CRTs as “Stretch IRA” Substitutes” featuring Evan Unzelman, Chief Executive Officer of CRT Experts LLC based in Leesburg, Virginia. Today’s show will cover how without proper planning, the SECURE Act requires heirs to withdraw and pay tax on an inherited IRA within ten years. If implemented correctly, designating a charitable remainder trust or CRT, as the beneficiary of an existing IRA creates more lifetime spendable income for heirs, reduces income taxes during the crucial ten years following the client’s death, and maximizes overall family wealth. We will discuss how it works, which clients benefit most, and how the planning is implemented. Stay connected:1) Questions? Comments? Media Inquiries? Reach out to Jonathan@ParkBridgeWealth.com2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter 3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars 4) Click to follow/connect: Instagram | X | YouTube | LinkedIn   Hosted on Acast. See acast.com/privacy for more information.