Best Mike Desepoli Podcasts (2024)

1
1/3 Of All Investors Made This HUGE Mistake in March | #AskTheAdvisor 154 5:15

4y ago5:15

5:15

The corona-virus sell-off sent investors fleeing and into money market funds, which ballooned well above $5 trillion, far surpassing the peak of the financial crisis. Nearly 1/3 of all adult investors made the catastrophic mistake of selling at the market bottom.....the big questions is what do they do next? Mike discusses in this weeks' #AskTheAdv…

1
Ask The Advisor 153 | What's Driving The Rally in The Stock Market? 7:53

4y ago7:53

7:53

The market has been surging recently and there's 2 things on investors minds: What is powering the rally? And can the market continue to move higher? Mike discusses in this week' #AskTheAdvisor.

1
What Will The Economic Recovery Look Like? | #AskTheAdvisor 152 4:51

4y ago4:51

4:51

Predicting the future is dicey business, especially when it involves the future of business. Drawn-out uncertainty, as we’re experiencing with the impact of states retracting their shelter-in-place mandates, only makes it more so. Covid-19 startled the world with its ferocity, spreading viral contagion and economic chaos at an accelerating pace. Th…

1
For Better Or Worse | #AskTheAdvisor 151 4:25

4y ago4:25

4:25

The #1 question we are hearing these days is how can the market keep climbing higher with so many Americans unemployed and so many businesses shuttered? What if I told you the market doesn't care about "good" or "bad".....but instead sees the world through the lens of "better" or "worse". We know things are tough right now for the economy...but thi…

1
How Quickly Can I Double My Money? | #AskTheAdvisor 150 3:36

4y ago3:36

3:36

If you put your money in the right places, it can grow substantially over time, thanks to the power of compound interest. It could even double, while you don’t have to do a thing. Want to figure out just how fast your money could grow? The “Rule of 72” approximates how many years it will take for your money to double, given a fixed rate of return. …

1
How We Can Save The US Economy 7:04

4y ago7:04

7:04

The federal response to the COVID-19 pandemic has been historic in its magnitude, speed, and nearly unanimous congressional support. But it has also created many unintended consequences for small businesses due to the government imposed lockdown policies. As the US continues to suffer from the economic destruction that lockdown policies create, it'…

1
Flatten The Curve....Not The Economy 6:43

4y ago6:43

6:43

Now, you've been hearing everywhere else about the Coronavirus and the latest numbers and the medical response. But I want to focus on what I think is an even bigger crisis, and that is the economic, social and above all, human cost of the total shutdown policy. But there is a huge gap between sensible social distancing and the total shutdown sprea…

1
How Your Brain Reacts To A Stock Market Crash 6:49

4y ago6:49

6:49

When the stock market gets hammered, it's not just your portfolio that takes a beating, it's your brain too. Stress wreaks havoc on the human brain, and you’ll need to work hard to keep it from panicking and laying waste to all those long-term investing goals you put in place for yourself. This week on #AskTheAdvisor 147 we discussed the science be…

1
Why This Recession WILL NOT Be A Depression 5:51

4y ago5:51

5:51

With the US likely in a recession, the fear mongering media has a new favorite buzzword....."depression". Everywhere you turn these hacks are telling you that this recession is guaranteed to be a depression (because, ya know, they know so much about economics). I am here to tell you why this will not be a depression.…

1
Markets Have Their Best Week Since 1974 5:20

4+ y ago5:20

5:20

The stock market just wrapped up it's best week since 1974......yes, you read that right......the best week in 36 years. How on earth could the market trade higher with the news around coronavirus seemingly so bad? We discuss in today's podcast.

1
Have We Reached A Turning Point? 4:59

4+ y ago4:59

4:59

Today is Monday March 30th, 2020 and the markets just closed for the day. We're here to tell you everything you need to know, and to answer one big question on investors minds...."Have we reached a turning point?". Listen to find out.

1
The Stimulus Package: What You Need to Know 7:29

4+ y ago7:29

7:29

Late last night the senate passed the Care Act (finally). This stimulus package is aimed at helping families, individuals, and business weather the storm that is the Coronavirus. There's a ton of stuff in this bill, so we break down everything you need to know.

1
Where The Hell Is Congress? 6:10

4+ y ago6:10

6:10

Markets roared higher today as the ineptitude of Congress is now on full display for the world to see. If anyone ever wondered why Americans have such a burning hatred for Congress, look no further. Their lack of action in America's most crucial time is disgusting, abhorrent, and we should make them ALL pay at the ballot box in November.…

1
How To Survive A Stock Market Crash 4:12

4+ y ago4:12

4:12

When stock markets crash, most investors feel a sense of panic. There’s nothing remotely comforting about seeing your stocks falling more than 10% in a single day. We humans are, by our very nature, loss-averse. The first thought that may come to mind, especially for inexperienced investors, is to start selling stocks. But history has shown us that…

1
The Feds To The Rescue? 3:20

4+ y ago3:20

3:20

The federal government is floating the idea of fiscal stimulus to inject strength into the economy while it battles the coronavirus. Will it work? We discuss.

1
Capital Gains Explained | #AskTheAdvisor 143 4:30

4+ y ago4:30

4:30

If you have an investment account, it's very likely you have encountered capital gains at some point in the past. With tax season approaching, it's natural that investors will have a lot of questions about long term and short term capital gains. This week on #AskTheAdvisor we break it down simple and easy to give you the info you need to know.…

1
What Kobe Bryant's Death Can Teach Us About Estate Planning 4:49

4+ y ago4:49

4:49

The sports world lost a titan on Sunday January 26th, 2020 when Kobe Bryant, along with 8 others including his 13 year old daughter, died tragically in a fiery helicopter crash. Kobe's influence extended far beyond the NBA, and through his talents and stardom he amassed over $680 million dollars of earnings throughout his career. In this week's epi…

1
The Coronavirus and The Economy | #AskTheAdvisor 4:46

4+ y ago4:46

4:46

This week on #asktheadvisor we discuss the coronavirus and the potential impact on the global economy.

1
My Favorite Spending Hack | AskTheAdvisor 3:26

4+ y ago3:26

3:26

The 30-day Rule is a Simple Method to Control Impulse Spending. Here's how it works: Whenever you feel the urge to splurge — whether it's for new shoes, a new videogame, or a new car — force yourself to stop. If you're already holding the item, put it back. Leave the store. When you get home, take a piece of paper and write down the name of the ite…

1
How Does Behavior Influence Investing? 5:04

5y ago5:04

5:04

When it comes to money and investing, we're not always as rational as we think we are—which is why there's a whole field of study that explains our sometimes strange behavior. Where do you, as an investor, fit in? Behavioral finance attempts to understand and explain how human emotions influence investors in their decision-making process. You'll be…

1
My Thoughts on The FIRE Movement 4:17

5y ago4:17

4:17

The FIRE movement — which stands for financial independence, retire early — has been quickly gaining mainstream appeal in recent years. But there are alot of misconcepitions with this movement, so this week we break it down on #AskTheAdvisor .

1
How To Improve Your Relationship With Money 7:11

5y ago7:11

7:11

Ever wonder how you can improve your relationship with money? Many people have a complicated relationship with money. Hang-ups carried over from childhood experiences get mixed together with positive and negative experiences from adulthood. Few people ever take the time to reflect on what money really means to them and how they can “get right” with…

1
What's The Difference Between Marketing, Advertising, and Branding? 6:55

5y ago6:55

6:55

In our work with entrepreneurs and executives we often hear alot about business growth strategies. Media, advertising, marketing, and branding are all terms that are thrown around alot, but many people don't know the difference between all of them. There are some important distinctions, and it's crucial to know them to ensure you are spending your …

1
China Trade and The Tariff Tantrum 7:52

5y ago7:52

7:52

Tired of hearing about china, trade, and tariffs? We are too.....here's why it's important that you don't blink.

1
Investing Success Takes Discipline 3:47

5y ago3:47

3:47

Investment discipline isn’t easy. Despite best intentions and claims to the contrary, many investors chase performance, and react emotionally to market moods. Even when there is a long-term plan in place, if it’s not followed, the plan is useless. Over the years, I’ve seen good intentions go by the wayside time and again because discipline was not …

1
The Million Dollar Question: "Can I Retire?" 4:04

5y ago4:04

4:04

It's a simple question, but knowing when, and how much you need to retire can be tricky. Here are a few things to consider.

1
Free College and Student Debt Forgiveness?? No Shot. 7:32

5y ago7:32

7:32

This week we break down Senator Elizabeth Warren's radical new proposal to make college free, and wash away your student loan debt. Sound like fantasy land? Not in her world. Here's our hot take.

1
The 7 Deadly Sins of Retirement Planning 8:42

5y ago8:42

8:42

For many Americans, their dreams of a prosperous retirement are giving way to nightmares. They have significantly unprepared themselves during their 40 years of work for their 25-30 years in retirement. With many of these folks growing up during an economic boom, how in the world did we get here? Committing the 7 deadly sins of retirement, that’s h…

1
4 Mistakes Millionaires Make 6:54

5+ y ago6:54

6:54

It’s not uncommon for those who amass wealth to lose focus on their long term goals and over time, their strategy starts to unravel. Here are 4 common mistakes millionaires make.

1
Why You Shouldn’t Want a Big Tax Refund 7:20

5+ y ago7:20

7:20

It’s tax filing season once again, and while everyone rushes off to their accountants hoping for a windfall in the form of a tax refund, we’re here to tell you why that is the LAST thing you should want.

1
This is the #1 Killer of Wealth 9:01

5+ y ago9:01

9:01

Bad spending decisions are crippling to your financial health, but I bet you would be shocked to find out what’s causing the biggest damage to your finances. Check out this week’s episode to find out what it is, and what you can do about it.

1
4 Letters That Are Destroying Your Finances 4:48

5+ y ago4:48

4:48

If you didn't already know it, YOLO is an acronym which stands for You Only Live Once. So far as we know that is certainly a true statement. But when it is stated in connection with finances, it is also associated with a spendthrift attitude, which is probably best summed up with the phrase "spend now and worry later."The problem with following tha…

1
5 Things You Can Learn From The Stock Markets Correction 5:05

5+ y ago5:05

5:05

As you probably noticed, the stock market took investors on a wild ride last week. At times like this it is more important than ever that you keep your cool and stay grounded to your plan. We have 5 tips to help you out and make you better off for the next one.

1
Social security secrets most Americans don’t know 5:45

6y ago5:45

5:45

Social security plays an essential role in providing the income that Americans need after the end of their careers, yet many people don’t fully understand everything they should know about the program. What you don’t know can end up costing you after you retire, so tune in for some valuable info.

1
The 10 Commandments of Retirement 5:55

6y ago5:55

5:55

Americans are faced with a host of issues when it comes to retirement. Will social security remain solvent? Will Medicare be affordable? Am I saving enough money? In the end you don’t need to worry about all Americans, you only need to worry about yourself. Want a comfortable retirement? Follow my 10 commandments.…

1
Aretha Franklin Died Without a Will 6:57

6y ago6:57

6:57

On August 16th the world lost the queen of soul after a long battle with pancreatic cancer. For all the success she had in her lifetime she failed to take care of one very simple estate planning basic......creating a will. She leaves behind an $80 million estate, and that will come with a hefty price.…

1
9 Financial Moves You Will Always Regret 5:50

6y ago5:50

5:50

We all do dumb stuff with our money, especially when we’re young. But there are a handful of bad financial moves that almost always come out negative. Nobody’s perfect, but if you avoid these mistakes, you’ll probably be in good shape money wise.

1
5 Ways To Avoid Becoming a Failed Retiree 4:24

6y ago4:24

4:24

Developing a meaningful retirement doesn’t just happen. In fact, many people actually become a “failed retiree”. That is someone who is depressed with long days ahead and no fun or meaningful activities that they partake in. By following these five action steps, you can avoid becoming a failed, miserable retiree.…

1
13 Power Moves for Your Money 7:26

6y ago7:26

7:26

Even if your savings aren’t on track, you don’t have to resign yourself to a life of poverty in retirement. In fact, you can retire rich enough to have a comfortable lifestyle by following these power moves for your money.

1
4 Surprising Ways To Build Wealth 5:07

6y ago5:07

5:07

You likely already know the standard advice about binding wealth: live below your means, max out your retirement accounts, pay off your debt...but in addition to those tried and true methods here are a few lesser known ways to build wealth.

1
The Worst Advice I Ever Heard 4:07

6y ago4:07

4:07

This week we breakdown the worst financial advice I’ve ever heard, and it may not be what you think.

1
Stop Lying to Yourself about Money 4:57

6y ago4:57

4:57

The only thing worse than making a financial mistake, is making it a 2nd time. This week we serve up a healthy dose of reality and challenge you to stop telling yourself lies to feel better about the dumb decisions you make with money.

1
4 Ways To Invest Your Time Wisely 4:22

6y ago4:22

4:22

In a world where time is money and efficiency is everything, here are 4 productivity hacks to make sure your not wasting a minute in your day.

1
The Hot Hand Fallacy 3:59

6y ago3:59

3:59

This week on #asktheadvisor we are in Las Vegas, and what better place to discuss the “hot hand fallacy”

1
5 Things Successful People Always Do 3:58

6y ago3:58

3:58

In a world where time is money, efficiency is everything. Check out these 5 productivity hacks that successful people do every single day.

1
This is killing your finances 3:50

6y ago3:50

3:50

This week we discuss the number one threat to your financial success, instant gratification. The need to see immediately results, or have the things we desire in an instant has a detrimental impact to your finance. Today we tackle the notion and what to do about it.