Tariffs are making headlines again, and investors are asking: Will they trigger a recession? How will the markets react? What should I do with my portfolio? In this episode of Maximizing Outcomes, Jim McGovern breaks down the real impact of tariffs on the economy, inflation, and your investments.
🔎 What You’ll Learn:
✅ Why governments use tariffs and their economic impact
✅ How recent tariff hikes affect markets, jobs, and inflation
✅ Key lessons from past trade wars and market reactions
✅ Smart strategies to protect your portfolio in uncertain times
📈 Stay informed. Stay invested. Don’t let short-term noise derail your long-term plan.
👉 Follow & Subscribe for professional insights on investing and wealth management.
Stock benefits can be a powerful tool for building wealth, but they often come with confusion and hidden risks.
How do stock options, RSUs, and employee purchase plans work? What tax implications should you consider? How can you protect yourself from overconcentration in company stock?
In this episode, Jim McGovern breaks down different types of stock benefits, explaining how they function, their tax implications, and the risks involved. He provides insights on when to exercise options, how to diversify, and strategies for hedging against potential losses.
Jim discusses:
The differences between stock options, restricted stock units (RSUs), and employee stock purchase plans, including how they are granted, vested, and taxed
The risks of holding too much company stock, including historical data on stock declines and why diversification is key
Tax implications of incentive stock options (ISOs) and non-qualified stock options (NSOs), including how timing affects tax rates
How restricted stock units (RSUs) provide a more straightforward benefit compared to stock options and why many large companies prefer them
Hedging strategies to protect against stock declines while still maintaining potential for future gains
Most business owners have over 80% of their wealth tied up in their business, yet few are fully prepared to unlock that wealth when it’s time to exit.
In this episode, Jim McGovern dives into the transformative world of exit planning, emphasizing how smart planning today can position an owner to maximize and harvest their business’s value later.
With 75% of business owners aiming to exit in the next decade, understanding the essence of exit planning is critical. It’s not a task to save for the future—it’s a strategic approach you can use now to build, protect, and secure your business’s value on your terms.
Jim discusses:
Why exit planning and business strategy go hand in hand
The 5 stages of value maturity: Identify, Protect, Build, Harvest and Manage
Guarding against the “Five D’s” that threaten business value: Death, Disability, Divorce, Distress, Disagreement
Building Value and Business Attractiveness through your “4 C’s”
Why aligning personal, financial and business readiness is essential for a smooth exit.
Markets are always moving, and with elections and global uncertainty on the horizon, what can you do to position your portfolio for the future?
In this episode of Maximizing Outcomes, Jim McGovern speaks with Eric Mueller, Managing Director and strategist at BlackRock, about the current state of the markets and how to strategically adjust portfolios.
They cover the economic landscape, interest rate cuts, and the strength of corporate earnings, offering actionable advice for investors concerned about the road ahead.
They discuss:
An analysis of the current economic and financial market landscape
Strategies for portfolio positioning amidst geopolitical and election uncertainties
The impact of Fed interest rate cuts on fixed income investments
The significance of tax-efficient and personalized investment strategies
Eric Mueller is a Managing Director at BlackRock, serving as a senior strategist within their Multi-Asset Strategies and Solutions group. With 17 years of experience at BlackRock, he works closely with portfolio managers and research analysts to analyze market trends and identify investment opportunities across various asset classes. His knowledge includes guiding portfolio positioning, understanding economic risks, and helping investors achieve a range of financial objectives through strategic portfolio management.
How do presidential elections influence your investment portfolio?
This week on Maximizing Outcomes®, Jim McGovern talks about presidential elections and their impact on investment portfolios. Jim explores historical market behaviors during election cycles and dissects common investor sentiments and strategies amid political changes. Whether you’re navigating the uncertainties of a campaign season or curious about the historical patterns of the stock market during these periods, this discussion aims to shed light on what history can teach us and how investors can approach election years with informed confidence.
Here’s what you’ll learn about by tuning in:
Historical behaviors of the market in previous election cycles
Comparison of market performance under different presidential administrations
Historical market performance when congress and the president are from the same vs. opposing parties
Understand market volatility during the months leading up to an election vs post-election season
In this eye-opening episode, we explore a revolutionary approach to personal finances that will transform the way you manage your cash flows, help to supercharge your annual savings rate, and lead to faster wealth accumulation.
Jim McGovern welcomes special guest Neal Brincefield, a Wealth Management Advisor at Consolidated Planning and special consultant to the Living Balance Sheet®. Listen as they help you discover the keys to increasing your annual savings rate, effortlessly setting aside more money each month, and creating a reimagined way to budget that doesn’t feel like a financial diet.
They discuss how to create a financial system that automatically adapts as your income grows, allowing you to save more without the hassle of constant budget adjustments. Join us as we dive deep into this life-changing method, revealing the secrets to achieving financial freedom sooner while still enjoying an improved lifestyle.
Discover the keys to unlocking your potential for significant wealth accumulation and financial security for your family.
Don’t miss this opportunity to master your money, build your savings, and rewrite your financial story.
In this discussion, Jim and Neal examine:
How online shopping and automated drafts have reshaped our financial habits
Why traditional budgeting methods and pay raises don’t always lead to betting savings
How the creation of a ‘Wealth Building Account’ (WBA) can help you pay yourself first, and automate cash flow improvements over your lifetime
Why creating a proper cash flow system can have a far greater impact on wealth accumulation vs. chasing higher rates of return
Why using tools like the Living Balance Sheet® app for tracking and feedback is essential
Neal Brincefield is a Financial Advisor and Managing Partner of Consolidated Planning, Inc. and a Special Consultant to The Living Balance Sheet®. Neal is not only a key figure in steering the direction of CP, but he also actively works with over a hundred professionals under its banner. With a mission to help individuals, families, and entrepreneurs reach his or her highest potential, Neal excels in crafting personalized financial strategies centered on organization, protection, and individual priorities. Beyond his hands-on work with clients, he’s a sought-after speaker at national industry events and a mentor to many advisors across the US.
Please note that the information on this podcast are for reference only. Although accurate when originally released, they may now contain out-of-date information. They remain solely for historical purposes and are not considered current guidance. Always consult a professional regarding your individual situation.
1 in 3 workers are willing to consider a lower paying job if it was a more fulfilling job. It can be nearly impossible to be fulfilled in your life if you are not fulfilled at work.
In this episode, Emily Melious, CEO and fulfillment coach at Launch Consulting, discusses why fulfillment equals the alignment of your unique skills, passions, and talents. She shares how The Career Navigator Program helps mid-career professionals and high achievers make a job transition to find fulfillment in their work.
Emily discusses:
Why success doesn’t always equal fulfillment
The three part proven fulfillment formula™️
Why traditional career advice leaves you unfulfilled
Why it’s almost impossible to be fulfilled in life if you are not fulfilled at work
Emily Melious is the CEO and fulfillment coach at Launch Consulting. Emily helps high achieving mid-career professionals create energizing, satisfying, and fulfilling careers. She’s a certified Kolby consultant at SHRM-SCP and she’s the creator of the 3 part proven fulfillment formula™️.
Please note that the information on this podcast are for reference only. Although accurate when originally released, they may now contain out-of-date information. They remain solely for historical purposes and are not considered current guidance. Always consult a professional regarding your individual situation.
Introducing the Maximizing Outcomes podcast with Jim McGovern.
Listen in for uncommon perspectives, powerful resources, and experienced people that can help you Maximize Outcomes in your life.
In this inaugural episode, Jim McGovern, shares more about him from behind the microphone. He will inform and educate anybody looking to maximize their financial potential. You will learn what questions you should be asking your advisor and how to collaborate with your advisor to pave the way for better outcomes in your future.
Jim discusses:
Why he got into the financial services industry
The idea of being a “life-long student” and how the people you surround yourself with can impact your career decisions
The meaning and purpose behind the title of his podcast “Maximizing Outcomes”
What important questions you should be asking your advisor
Please note that the information on this podcast are for reference only. Although accurate when originally released, they may now contain out-of-date information. They remain solely for historical purposes and are not considered current guidance. Always consult a professional regarding your individual situation.
