In this conversation, Steve and Travis discuss the impact of presidential elections on investments. They provide historical context and data to show that there is no correlation between election results and investment returns. They highlight th

Home Buying: How to Avoid Being House Poor

13 days ago 25m 47s

Ever felt tangled in the web of housing affordability? In this episode, we break down the delicate balance between your bank account and the community you yearn to call home. Our parting gift in this series is a trove of wisdom for those bracin

Home Buying: The Fight For Your Future Home

20 days ago 31m 55s

Unlock the secrets to navigating the real estate market with a wad of cash as we reveal how Baby Boomers are reshaping the housing landscape. In this episode, we dissect the financial firepower fueling an all-out bidding war and explain why hav

Home Buying: The Reason Why Housing Prices are so High

27 days ago 30m 36s

Ever feel like the housing market is a rollercoaster you can't quite get off? Join us as we embark on a journey through the convoluted landscape of real estate economics. Prepare to have your assumptions challenged in our latest episode, where

Home Buying: Home Purchase Affordability

Mar 26th, 2024 29m 49s

In this new 4-part series, we discuss buying homes in 2024 and the relationship between interest rates and home purchases. As we open the series, we tackle the daunting trifecta of taxes, home prices, and interest rates reshaping today's real e

Corporate Profits - Are corporations really greedy?

Mar 19th, 2024 27m 54s

Is corporate greed an inevitable force or a misunderstood economic growth component? In this final session of our four-part series, we unpack the essence of a corporation's role in driving innovation and societal progress. We dissect the symbio

Corporate Profits - Are Corporate Profits to Blame for High Inflation?

Mar 12th, 2024 33m 54s

In this episode, we dissect the connection between corporate profits and inflation, especially where it hurts most—your groceries and gas. We're peeling back the layers of financial jargon to reveal the truth behind profit margins, debunking th

Corporate Profits - What matters more than profits

Mar 5th, 2024 34m 29s

Get ready to challenge your financial savvy and uncover the true measures of business success as we unravel the complexities of profit margins. This deep dive isn't just about the figures; it's an exploration of efficiency, the lifeblood of inv

Corporate Profits - Are profits good or bad?

Feb 27th, 2024 37m 6s

"These greedy corporations are destroying us!" Have you heard this lately? In this political season, there is a lot of talk and rhetoric surrounding corporate profits and their effect on you, your money, and your future. As a friendly reminder,

Bond Series: Should you own bonds?

Feb 20th, 2024 33m 58s

In this episode, we discuss whether or not you should own bonds. We emphasize the importance of defining the purpose of owning bonds, which is to have predictable income and the safety of the principal. We also explain the components of bonds,

Bond Series - How bond mutual funds can become money traps

Feb 13th, 2024 30m 1s

Still reeling from the rollercoaster ride that was 2022 in the bond market? You're not alone. In this episode, we dissect the intricate world of bond mutual funds, breaking down why the rules of the stock market don’t always apply. Expect to e

Bonds Series: How to make or lose money buying bonds

Feb 6th, 2024 28m 50s

If you invested in bond mutual funds over the last few years, you might have been surprised to see your positions get annihilated. Why did this happen, and what can you do about it moving forward? In this new series, we are peeling back the lay

Estate Planning: Crafting Your Legacy and Mastering Beneficiary Designations

Jan 30th, 2024 35m 46s

Celebrate a milestone with us on the Ditch the Suits podcast as we pop the champagne for our 100th episode and three-year anniversary! Thank you for being a part of this journey with us! In this celebratory episode, learn how to shield your le

Estate Planning: Designing a Will That Reflects True Intentions and Values

Jan 23rd, 2024 32m 22s

In this episode, we unravel the complex tapestry of estate planning. We're dishing out crucial insights on why settling for a basic will could leave your legacy in a lurch. Our conversation takes you through the perils and pitfalls of oversimpl

Estate Planning: Aligning Beneficiary Designations with Your Legacy Goals

Jan 16th, 2024 39m 44s

Are your beneficiary designations in line with your legacy goals? Find out why a simple name on a form isn't enough as we navigate the complexities of estate planning and the importance of a well-thought-out will. Our latest Ditch the Suits pod

Navigating Life and Finance in a Rapidly Evolving World

Jan 9th, 2024 30m 52s

Ever wondered how a simple mobile device morphed into such an indispensable part of our lives? In this episode, we reminisce about the astonishing shifts in lifestyles and opportunities over recent years. We share tales from our own lives that

Creating the Life and Family You Want

Jan 2nd, 2024 27m 32s

Happy New Year! Have you ever wondered what truly fuels company growth and personal leadership? In this special holiday episode, we bring to light how our internal monthly new hire meetings are more than just introductions to our team and value

2023 in Review - Discussing past series and celebrating achievements

Dec 26th, 2023 42m 18s

Thank you for making 2023 a smashing success! As the year comes to a close, we are taking a moment to share our reflections and key takeaways from past episodes and series. For those of you who are new to Ditch the Suits, we want to catch you u

Complex Financial Planning: Investing - When Should You Sell an Investment?

Dec 19th, 2023 36m 50s

Have you ever wondered why market fluctuations cause such a stir among investors? Or questioned if there's a better way to approach these inevitable ups and downs? Today's episode takes a deep dive into the world of investments, exploring the c

Complex Financial Planning: Bad Economy - Should you delay retiring?

Dec 12th, 2023 27m 6s

In this episode, we discuss the complexity of retiring in a bad economy. We explore the fear and uncertainty that often accompanies the decision to retire during challenging economic times. Our conversation highlights the importance of understa

Complex Financial Planning: Roth Conversions - Benefits, Considerations and Strategies

Dec 5th, 2023 37m 24s

Are you concerned about how taxes will impact your retirement? Wondering if there is anything you can do? How would you feel about paying some taxes now in order to save yourself a lifetime of taxes?In this episode, we embark on an engrossing j

Complex Financial Planning: Social Security! When Should You Claim It?!

Nov 28th, 2023 37m 31s

Are you planning to take social security but are unsure of when to do so? Misinformation, intricacies, and personal circumstances can make this decision quite complicated. We aim to provide you with the facts and debunk the myths about social s

Investing: The Wealthy Understand These Keys to Investing

Nov 21st, 2023 36m 53s

Have you ever wondered about the strategies that make the rich even richer? Ever been curious about why your financial advisor is so keen on mutual funds or index investing? You're not alone in questioning these age-old tactics, and it's time t

Investing: How the Rich Get Richer

Nov 14th, 2023 32m 3s

What if we told you wealthy people do not utilize passive investing as a strategy? Would you believe us?We disarm the idea that passive investing and passive income are the same thing. Because they aren't. These words and terms often get confus

Investing: Exploring the Performance of Actively Managed and Index Funds

Nov 7th, 2023 38m 15s

Ready to pull back the curtain on the mysteries of investing in public mutual funds and index funds? You're in the right place as we tackle the complexities of active and passive fund management. We guarantee you’ll gain a deeper understanding