Chris welcomes Jennifer Goldman, who shares good business practices for working at home. He also talks about investor considerations during this economic environment, such as cash reserves, portfolio distribution, risk tolerance, expenses, being opportunistic, among others.

Something More with Chris Boyd Show Podcasts

Chris Boyd - financial consideration in today's environment; Jennifer A Goldman - work at home best practices

Chris welcomes Ruth Provost, Director of the Boys & Girls Club of Cape Cod and Gretchen Murphy of Dowling & O’Neil Group. With over 1,089 members, the Boys & Girls Club of Cape Cod runs before and after school, school break, and summer vacation programs for children and teens. They are funded through donations, grants, and special events. Gretchen talks about personal and commercial insurance based on how the property will be used, and the cost to replace both structure and liability risk if someone is injured. Wind insurance, whether a straight deductible or “named storm”, is something those near the water should consider. An umbrella policy provides extra coverage over and above a home or auto policy.

Ruth Provost, Boys & Girls Club of Cape Cod; Gretchen Murphy, Dowling & O'Neil Group

Chris and Brian discuss the markets - with Thursday seeing a 10% decline and a sharp rebound on Friday. Stocks have declined 25-30% from their peak, signifying the end of an 11-year bull market. America mobilized this week to slow the spread of the Coronavirus. Congress’ fiscal stimulus package is expected to pass into law soon. The Russia and Saudi Arabia oil price war created an additional drag on market prices. 

Chris and Brian - Coronavirus market impact

In recognition of International Women’s Day, the AMR team discusses different investment considerations that may be unique to women. Chris welcomes Barbara Cotton, the new Executive Director, and Ken McGuire, Board Chair, of the Red Cross - Cape, Islands and Southeast MA region to talk about their mission and the annual Heroes Breakfast. The Red Cross provides services that turn compassion into action, care, shelter, and hope by helping people affected by disaster get back on their feet. The Heroes Breakfast will be held on Friday, April 3rd, from 8:00 – 9:30AM, at The Resource and Conference Center in Hyannis. 

Barbara Cotton, Executive Director; Ken McGuire, Board Chair; Red Cross - Cape, Islands and Southeast MA chapter

Chris and team talk about financial matters including the election, the Coronavirus, the Fed’s rate cut and the market reaction, and the 30-year Treasury rate all-time low. Closings are occurring that contain the Coronavirus, but are slowing down market activity. Cathi shared best practices regarding the virus. #SMoreCB #CapeCodfinancialplanner

March 9, 2020 - AMR Team talk about financial matters

Chris and Brian talk about the Coronavirus and its implication on the market. Broad indexes dropped around 12% this week, which may be a market correction as it was priced for perfection and any slowdown could have altered the course. International stocks have not suffered as much as they were not as overvalued to begin with. With the SARS and ZIKA viruses, the markets also dropped about 13%. In times like these, investors tend to flock to safer class investments like bonds. High-yield bonds can bring higher-risk and are more closely classified with stocks, which should be considered in one’s overall risk tolerance. Chris warns against annuities promising income guarantees. These types of annuities often come at a very high cost.  

Coronavirus and market impact

Chris welcomes Wendy Northcross, CEO of the Cape Cod Chamber. Wendy talks about the Cape Cod bridge replacement, among other Cape related topics. The US Army Core of Engineers came out with a declaration to replace the bridges versus repairing them. The new bridges will include four expanded travel lanes, and acceleration and deceleration lanes. They could be built within 7 years and will be placed next to the existing bridges, which will then be taken down. Acclaimed economist Dr. Eisenberg recently spoke at a joint economic forecast breakfast hosted by the Chamber, the Home Builders & Remodelers Association, and the Association of Realtors. More affordable housing is needed on the Cape to retain and attract younger people. Wendy also discusses the renumbering of Route 6 exits to conform with the national highway numbering system. The Chamber will be hosting workshops: an Instagram workshop for those in the wedding industry, the annual Wage & Hour seminar for the hospitality industry, an ADA compliant website workshop, and a Google Analytics workshop.

Wendy Northcross, CEO of the Cape Cod Chamber of Commerce

Jeff Perry, Special Sheriff for Barnstable County, welcomes Taylor White, Sandwich Town Clerk. Taylor manages running elections, administering censuses, registering licenses, and vital record record keeping for the Town.  He has preserved 75% of vital records that date back to 1640. Jeff and Taylor also discuss the 2020 election dates and encourage everyone to vote.

January 22, 2020 - Jeff Perry, Barnstable County Special Sheriff; Taylor White, Sandwich Town Clerk

Jeff Perry, Special Sheriff for Barnstable County, welcomes Representative Will Crocker. Will, Representative in 2nd Barnstable District, discusses his work on Nero’s Bill. Nero’s Bill proposes that EMTs and paramedics trained in veterinary protocol be allowed to stabilize, treat, and transport dogs like Nero. Nero was injured when Sergeant Gannon lost his life in the line of duty on April 12, 2018.  Judy Crocker talks about the Republican State Committee race. In 2012, she ran to be Cape & Islands Republican State Committee Woman, covering a district from Mashpee to Provincetown. She is running for re-election in the March 3rd elections.

Jeff Perry, Special Sheriff for Barnstable County; Representative WIll Crocker, Representative in 2nd Barnstable District; Judy Crocker, Republic State Committee Woman

Chris welcomes Adam Howard, Visual Effects Supervisor, who shares stories from his work in television and films. Adam started working in television on the Simpsons and Will & Grace. His first feature film in the US was Sandlot. He also worked on Star Trek, Pirates of Caribbean, Mission Impossible, and Star Wars. He did some ground breaking visual effects on the Titanic, where George Harrison of the Beatles visited to see his work. The business has changed significantly since Adam started, but he enjoys creating entertainment that makes people happy. In honor of American Heart Association Heart Health Month, Matt Regan, President of Cape Cod CPR, joins Chris. He and his wife started the South Yarmouth business, where 17 instructors offer community and physician certification training. There is no one sign for a cardiac event – look for tightness of chest and shortness of breath, discomfort in other areas of body. Heart disease is the number one cause of death for women.  

Adam Howard, Visual Effects Supervisor; Matt Regan, Cape Cod CPR

Brian talks about private equity funds and fractional share investing. Private equity investments are potentially high return investments, but carry extra risk since they lock money up for typically 7 years, need to be an accredited investor, and come with high fees. Investment firms are competing by selling fractional stock shares so investors can afford higher prices stocks as one way to build a diversified portfolio. Scott answers questions from the mailbag. When should I take social security? Does my money need to last until 100 years old? Do I need long-term care insurance?

AMR - financial news and mail bag questions

Chris and Cathi are joined by Josh Flanders (General Manager) and Jacobi Reid (Head Brewer) from Bad Martha’s Brewery. Last year they opened a Falmouth location, expanding from their Edgartown location that opened in 2014. A 15-barrel system allows 10 batches of beer to brew consecutively; taking 2-4 weeks to brew a batch. Offering 50-60 different beers per year, they source local ingredients to offer seasonal beers such as a honey house in the spring, Shark Bite (jalapenos and cucumber) in summer, and cranberries in fall. Their beautiful building is a post & beam barn built by Amish crew out of PA and local builder Architecture Innovations.  In addition to great beer, they offer lite snacks, merchandise, music, and fun games. Bad Martha’s also donates to local charities and hosts events.

February 8, 2020 - Josh Flanders, Jacobi Reid - Bad Martha's Brewery

Chris and Brian discuss financial issues such as the GDP, ISM manufacturing index, durable goods, the Corona Virus, and investment price vs. value. The GDP reported on target at 2%. Business growth slowed last quarter as expected due to heavy inventory; however, US import/export numbers were strong. The January ISM manufacturing index was over 50 for first time in a while. Technology companies did well in Q4; where materials, energy, and industrials were lagging. The Corona Virus is spreading more quickly than 2003 SARS – contributable to enhanced transportation infrastructure in China. Stocks like Clorox and 3M expected to get a bump due to the virus. When considering mutual funds and ETFs – its not just return vs. price - cost, risk, total return, and tax considerations are all relevant.

Chris and Brian - Financial News

Chris and Brian discuss the notion of people investing for income (dividends, interest) versus total return, and being cautious of hidden risk when investing purely for income. Scott joins Chris to talk about an IRS financial scam reported on by the Wall Street Journal recently – protect yourself by: registering your number with National Do Not Call Registry, installing a call screening or blocking on your landline, and installing a robocall blocking app on your cell phone. They also discuss the Democratic Presidential candidates’ income and investment tax proposals, and lessons of the week.

Chris, Brian, and Scott - AMR Financial

Bob Vandy, President of Advisors Insurance Brokers joins Chris to talk about long-term care insurance and some of the newer generation products that combine traditional long-term care insurance with life insurance or annuity benefits. Care for a chronic condition that is not improving needs to be covered under long-term care insurance vs. Medicare. Long-term care can be provided at home, as well as in assisted living or a nursing home. Long-term care may be a way to save against spending down all of one’s assets or restricting access to savings through an irrevocable trust. Four areas to consider when enrolling in long-term care insurance are: benefit amount, benefit period, elimination period, and inflation.

Robert Vandy, Advisors Insurance Brokers

Something More with Chris Boyd is Cape Cod's finanical talk show, airing Saturday's at 3pm on WXTK, 95.1 FM. The show covers a wide variety of finanical topics with the goal of educating and entertaining.

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Something More with Chris Boyd Show Podcasts

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