Simply Wealth Radio Program

Hosted by Paula Straub on WebTalkRadio.net

Listen Now To Previous Shows- Click on Blue Links Below

Jan 2008

Is Commercial Real Estate Taking the Same Beating as Residential?

Join Paula as she interviews guest Monte Lee-Wen, a successful commercial real estate buyer and educator. They discuss the current shaky residential real estate market and compare these investments to Commercial Properties. Monte will also tell listeners what to look for when choosing a profit making commercial property and how the smaller investor can get started.

Surviving the Mortgage Meltdown -

If you are trying to get a loan in today's shaky environment, or need to get out of a mortgage you can no longer afford, you may not know where to start. Join Paula and her guest, Jack Guttentag - author of "The Pocket Mortgage Guide" and "The Mortgage Encyclopedia", who offers suggestions on how to get the best loan possible despite today's more difficult lending criteria and what to do if the loan you have is dragging you under.

February 2008

Is your CPA working for you or against you?

Paula talks with prominent author, tax strategist and CPA Diane Kennedy of taxloopholes.com about finding the right tax professional to help you meet your wealth planning goals. It's important to know the right questions to ask before working with a new CPA and to know when to change tax professionals  if they don't have your best interests at heart.

Investing Overseas- A Good Alternative to the Crazy US Market?

Paula discusses the option of going outside the US to invest. Her guests are Mynette Boykin and Glen Fulton who specialize in real estate projects outside of the US. Find out about hot markets and return potentials as well as how to avoid being scammed.

Do you need a Financial Professional to help increase your wealth?

How successful have you been doing all your own investing? When is the time to get some professional help and how to you go about choosing the right person for your needs? Paula and her guest, John Napolitano of US Wealth Management answer these questions plus give insight into other areas of your financial plan that are crucial, yet seldom considered and implemented.

Take Charge of your Retirement Account Investments-

If you ever thought that having investments such as real estate in your retirement account should be allowed, learn how this may be possible right now. Paula has Tom Anderson,  CEO and Founder of Pensco Trust Co, which is a custodian for self-directed IRAs as her guest. Find out if you qualify to have a self-directed IRA and exactly what types of assets can be held in one

March 2008

Selling Real Estate by Auction-

How would you like to pick a day to sell your home or investment property? If you don't have the luxury of waiting until your property sells on its own, or you don't want to haggle over price with potential buyers, auction might be for you. Paula talks with guest Cory Shepard of Prudential California Realty about the pros and cons of selling real estate via the auction process. Find out if it is a viable alternative to traditional marketing and how to choose the right auction company to get the best price and the most qualified buyers.

Why Would You Want to Own Real Estate with Other People? -

You’re used to owning real estate by yourself and being in charge. You like to go visit your local properties and make sure everything is in tip top shape. So, why would you give all that up to own a commercial property with a bunch of strangers – probably in another state? More money and fewer headaches for a start… Paula and her guest Zach Roberts, a Tenant in Common Sponsor executive discuss the pros and cons of 1031- Tenant in Common Exchanges.

Life Settlements- Are You Sitting on a Gold Mine? -

Do you own a life insurance policy that you can no longer afford to keep or no longer need? Are you aware that it may be worth a lot more at fair market value than if you cash out or simply stop making payments? Join Paula and guest Tony Steigerwald of Dunhill Marketing and Insurance Services, who specializes in Life Settlements. There is a fairly new and exploding marketplace for the sale of in force life insurance policies which no longer fit their original purpose. If you meet some basic criteria, you can find out how much your policy is worth and you might be extremely surprised. Best of all, it won’t cost you a dime to find out.

Protecting Assets from Long Term Care Costs -

No one wants to think of themselves or their loved ones needed help with the basics of life such as bathing, dressing, moving around, eating, or taking medications properly. The hard truth of it is, the longer we live, the more likely we will need this help and the costs are skyrocketing. Nothing can deplete a nest egg faster than ongoing medical costs and Medicare does not cover them. Paula and her guest Heather Adamson from One America, who specializes in alternative methods of protecting assets while providing long term care coverage, discuss who should protect themselves and their families from losing their hard earned savings.

Reverse Mortgages- Look Well Before You Leap -

If you are house-rich and cash-poor getting a loan with no payments during your lifetime to help with the bills may be the solution you need. Beware of solicitors who encourage you to take out a reverse mortgage for the wrong reasons however. More scams are popping up all the time. Join Paula and her guest Susan Bierly-Craig, a reverse mortgage counselor, as they discuss the pros and cons of this booming market. Learn what you need to know before tapping into your home equity.

April 2008

Gains are Good , Taxes- Not So Much; The Ways to Keep More and Surrender -

Listen to Paula Straub talk about the subject she knows best- ways to minimize your taxes when you sell your assets. Why work so hard to grow your assets, only to surrender 15-50% to Uncle Sam when you need it the most? Paula shares the secrets to legally hanging onto the maximum amount of your hard earned proceeds when you sell the assets meant to fund your retirement years and pass to your heirs.

The Power of Tax Deferral using a Self Directed Installment Sale -

Did you ever get advice from an accountant, financial planner or attorney to just pay your taxes now and reinvest the proceeds when you sell an asset? Did they tell you had other choices that would increase your bottom line? Probably not, because very few know what options are available and how they work. This information is usually only provided to a select few who consult specialists in this area. Join Paula and her guest Ben Barker, CFO of the National Association of Financial and Estate Planning (NAFEP) as they discuss how a Self Directed Installment Sale can literally mean a difference of hundreds of thousands of dollars in your pocket vs. going directly into the coffers of the IRS. If you are selling highly appreciated real estate, businesses, collections, etc. this is a show you want to listen to right now.

How to Profit from Rising Gas Prices-

Are you going broke filling up your tank as gas approaches the $4 mark? Have you seen the increase in staples like food because it is costing more to deliver the goods to retailers? Can you believe the price of oil has topped $115 per barrel and continues to climb? Join Paula and her guest John Cadwell, CEO of Cadwell Energy as they discuss how you can benefit from the price of rising gas and oil by actually investing in new drilling projects right here in the USA. Also find out about little known tax advantages given by the US government for these investments and how they may even qualify to satisfy a real estate 1031 exchange.

Scared Straight – Health Insurance Today-

Do you have health insurance coverage? Have you been denied coverage or priced out of the market? Do you understand the plan you have and what it covers? Are you a risk taker that is certain you can do without the coverage because you rarely go to the doctor? Health insurance is a major issue for everyone in the United States today. Premiums keep going up and seem to provide less each year. All it takes is one major medical event and if you aren’t covered by insurance your entire estate can be decimated. What are you willing to pay to protect your assets, and do you even have the choice? Paula will let you know what questions you need to ask your insurance agent or employer to be sure you know exactly what is at risk when it comes time to pay your medical bills.

May 2008

The Health Care Crisis in the US – Part 2

Our health care system in the United States is truly broken and we all need to take part in making sure something is done to improve it. Do you know what each presidential candidate is proposing as a solution? Paula continues her discussion on the problems facing all of us. With people losing jobs, we are also losing health coverage. If you decide to pay the mortgage rather than your health insurance bill you may not be able to reinstate your coverage if you have any number of pre-existing conditions. Find out how health insurance companies can discriminate when it comes to offering coverage on an individual basis and how even having a body scan done can hurt your chances of obtaining life insurance. Do you think all Americans deserve to have access to medical care?

Hope for First Time Homebuyers- Assistance Programs for Your Purchase

We hear about all of the people in our country losing their homes due to foreclosure. 18.6 million homes are sitting empty and the numbers are growing. It is now a buyers market and it may be the time to make your move if you are a first time homebuyer or long term renter. Loans today are very confusing and it pays to educate yourself on how not to get into the same situation as those currently finding themselves out on the street. Join Paula and her guest Kathy Austin of Avalon Mortgage in a discussion on what assistance is available to first time buyers no matter where you live.

Why Tax Planning is More Fun Than Tax Preparing

Usually, the word tax is enough to put you in a bad mood. It conjures up those few weeks of nightmares prior to April 15 when you are under pressure to gather up all of the previous years data, put it in some kind of order and either fill out your own tax return or turn it over to a professional. That costs you money and then you may even have to write a check to the IRS. This is tax preparation and isn’t a whole lot of fun. However, what if you found a way to pay less in taxes and keep more in your pocket just by making a few painless changes to the way you managed your finances and investing? What better way to give yourself a raise without switching jobs or being at the mercy of your boss? Paula and her guest, CPA Bob Bledsoe of Provision Wealth talk about ways to reduce your tax bill and make tax planning your friend and not your foe. Find out why you need a specialist and not the guy or gal from the “Big Box” tax agency who may do you more harm than good!

 

What Dateline and Chris Hansen Didn’t Tell You About Annuities

The television program Dateline recently did a special on Indexed Annuities and if you didn’t know much about them before seeing the show, you would probably think they are the mother of all evil. Going for sensationalism and ratings may work well when trying to catch a predator, but scaring people unnecessarily and without balancing the many factors in play is the real crime here. Paula gives her take on which barbs were justified and what valuable information was never presented at all. This is Part One of a Two Part program.

June 2008

How Annuities Earn Interest For You – All Are Not Created Equal

The most important part of any investment product is how much it earns for you compared to the risk you are willing to take. Most annuities have built in safety factors but the amount of interest credited each year can vary considerably. There are so many products on the market, how can you choose between them? Paula breaks down the important factors you need to be aware of and points out what you can do to educate yourself and ask the right questions before you commit to a product that may not be the best for you. She also shares how you can shoot yourself in the foot by making a decision based on what you “want to hear” versus following the guidance of specially trained professionals.

 

Identity Theft – It Doesn’t Just Happen To Other People and It’s On the Rise

If you have never had your personal information stolen and used by criminals to run up charge accounts or take over your identity don’t become complacent. It may happen when you least expect it and you won’t see it coming. It can literally ruin your finances and take years to repair. Paula and her guest Cortney Read from LifeLock discuss just a few of the sneaky ways that thieves obtain and use your information to make themselves rich and you a lot poorer. The numbers of victims are staggering and growing by leaps and bounds. No matter how careful you think you are being, you can still be an easy target. Learn how to take some basic steps to protect your identity and your bank accounts. This will save you both time and money should the worst happen and you are the thief’s next target

 

Broaching the Subjects of Health and Finance with Family Members

The old adage that the only two things certain in life are death and taxes still holds true. One of the hardest subjects to think or talk about is the topic of medical issues which may be incapacitating or fatal, but approached with the right mindset will be one of the most important topics you will ever face. What would you do if a parent become too ill to make their own financial or health choices but had no plan in place? Do you know who would step in or what would actually need to be done? Paula discusses some of the most common documents that everyone should have and the reason a few hours of discomforting thoughts and actions are well worth the peace of mind achieved when it counts the most. This is the first of a series on different aspects of estate planning that everyone needs, whether or not you feel you have a sizeable estate. Also, what can you do yourself and when should you consult with a professional?

Estate Planning Is Not Just For the Old and the Wealthy

When most people hear the words “Estate Planning” they think that it is only for those who have accumulated a large amount of wealth and maybe for those in their senior years. This could not be further from the truth. Paula and her guest Jeff Isaak, also known as “The lawyer in Blue Jeans” discuss why anyone with a family and/or a home needs to have their house in order from the get go. Learn the difference between a will and a trust and why one will not be sufficient to settle your estate and may still cause your family a ton of money and time once you’re gone. The bottom line is, do you want to leave your care and your family assets up to an impersonal court appointed representative whom you have never met, or do you want to be able to control how your family’s future is laid out?

How to Obtain the Maximum Value for the Sale of Your Business

If you are thinking about selling, or already have your business up for sale, you don’t want to make any crucial mistakes that will cost you big time.Most business owners only sell one business in their lifetime. The results of this sale have a major impact on the financial future of your family. You may be an expert in business development, but totally in the dark about most aspects of the best way to sell.Join Paula and her guest business broker Dave Kauppi of MidMarketCapital as they discuss how to take the proper steps to make sure you are getting the true value that your company is worth and not succumbing to the all too common stumbling blocks encountered by inexperienced and unprepared sellers.

 

July 2008

Help Yourself and Help A War Hero

Finding a way to give back, or “pay it forward” is an integral part of any financial plan. This very important show focuses on how you can help our wounded veterans get training in a new career that will also give them a new lease on life.Who better to understand how important these programs are than two incredible men, each involved with non-profit organizations, and who are both dedicated to providing the necessary help to get wounded war heroes back on their feet and leading productive lives. Join Paula and her guests, Brad Saul, Executive Director of the Radio Center For People With Disabilities and Ryan Kules, head of the Warriors to Work Division of the Wounded Warrior Project. Both have overcome their own personal challenges to become successful businessmen and philanthropists. In Part Two, Paula will let you know how she and these organizations are teaming up to allow you to not only help a hero but also minimize your tax bill when selling an appreciated asset. And, it doesn’t involve pledging your asset to charity when you pass away.

Scams, Scams and More Scams – Don’t Be a Victim

With this rocky economy it seems scams of all sorts continue to become more prevalent. The Internet is a breeding ground, but you can just as likely be victimized in your own home. Paula discusses over 20 of the most common scams today and how you can prevent being taken by being aware of what con artists are doing to rob you of your money. Some scams are just variations of what have been used for almost one hundred years. Others are a result of changing times and new technologies. If it sounds too good to be true it most likely is. After listening to this show, if you or anyone you know has been victimized by a scam not mentioned, email Paula at simplywealthshow@gmail.com and Paula will be sure to get the word out so no one else is taken advantage of.

How Divorce Can Completely Ruin the Best Financial Plan

Hopefully, we all enter into marriage with the belief that it will be forever and we will be with that partner for life. The reality is that almost half of first US marriages end in divorce and the numbers grow larger for second and third marriages. So, is ignorance really bliss or should each spouse be aware of the effect divorce can play on each others financial future? Do you need a pre-nup, separate bank accounts, credit cards? Is your state a community property state or does it have different laws which govern dissolution of marriage? How can you protect your children and their future? Is it possible if the worst happens that your spouse may act from a less than loving place and do things that are really out of character? Join Paula as she discusses what you need to know “just in case” things don’t work out.

50 Ways to Spend Less and Get Through the Tough Times

During good financial times we don’t exactly keep track of the money we are spending. But, when times get tough and prices rise faster than our paychecks, the only sane choice is to tighten our belts any way we can. A little short term sacrifice can mean staying in our homes and not getting more into debt. Paula talks frankly about cost cutting and discusses many ways to minimize the money going out. Who knows, you may not even feel the pinch with some of these suggestions!

August 2008

Investing in Turbulent Times – Should You Avoid The Stock Market?

With the Dow Jones jumping up and down 200 to 300 points daily on a regular basis, is it best to stay away from the stock market until things calm down? What if you’ve lost a significant amount in your savings or 401K- should you cut your losses and go to all cash? What got our markets into this yo-yo condition anyway? Are we repeating past events that we should have learned from the first or second time around? When will we see some stabilization? There may be no easy answers to these questions but Paula and her guest Dr. Scott Brown, Professor of Finance at the University of Puerto Rico discuss some of the things to do to ride out a rough economy and come out ahead financially in the long run.

Which Retirement Plan Is the Best For You?

You hear the buzz words like 401K, 403B, Roth IRA, Traditional IRA, SEP, SIMPLE, Pension Plan, Defined Contribution Plan, Profit Sharing Plan and you probably have no idea what these terms mean or which plan you should set up or contribute to. You’re not alone because many people in the financial arena couldn’t tell you the differences even if you knew which questions to ask. Paula breaks down the basics of the most common plans and makes the lingo less intimidating and more practical. The main goal is to start saving for your retirement and not count on Social Security to pay all your living expenses because chances are it simply won’t be enough.

Can You Afford To Send Your Child To College?

These days it may be a challenge to cover basic living expenses such as a mortgage, utilities, food, clothing, gas, etc. and college saving plans may not be on the top of your priority list. So, how do you determine how much to put away, what type of plan to use, and what other options are available to your kids if your savings don’t cover the costs of higher education when the time comes? Paula outlines the most common savings plans, what criteria should be considered when choosing the one that suits your needs and what questions to ask before you get started to save you from any big surprises down the road.

Big Tax Traps To Be Aware of When Selling Your Assets

Just what are capital gains and how much will you be taxed on them if you sell a highly appreciated asset? How do you calculate what you will owe? Do you know you are taxed on the amount of depreciation you have taken over the years? Will a sale trigger the dreaded Alternative Minimum Tax Trap and if so, how much more will that grab of your profits? Is it true there is a 0% capital gains tax rate for low income earners? Paula breaks down what it means tax wise when you sell an asset such as real estate, a business, a collection or stocks and how much might be eaten up by taxes you may not be aware of. She also introduces some tax saving strategies which will be explored in greater detail in upcoming shows. If you own any asset that has increased in value this is a show you don’t want to miss!

September 2008

How 1031 Exchanges Will Save You From Paying Taxes

Paula gives answers to questions sent in by listeners involving purchasing foreclosed properties, and when to buy long term care insurance. She also explains what a 1031 exchange is, who qualifies, what the rules are and how it can benefit the right situation for anyone owning investment real estate.

Is REX Right for You or Could it Be An Expensive Lesson When You Sell Your Home?

How many people are receiving benefits from Long Term Care Policies? What is the Medical Information Bureau and does it contain your personal medical information for insurance companies to access? Paula answers these questions and also outlines a fairly new concept called Real Estate Equity Exchange. Have you heard the advertisements for getting money from your home that doesn’t have to be paid back and does not accrue interest payments? If not you might soon, so you’ll want to know what conditions go along with this not-really free money.

Today’s Woman and Her Concerns Regarding Money and Investing

Join Paula and her guest Sherri Du Mond , Vice President of Marketing Solutions for Allianz Life Insurance Company, as they discuss the findings of a study done by Allianz on women in today’s world and their thoughts, questions, fears and needs regarding their financial well being and ability to invest for their future. The study used a wide age bracket, multiple cultures and ethnicities and geographic variations. You’ll be interested to see if your concerns are the same as the study findings and what possible solutions are on the horizon to address your issues as a woman. Men should also be interested, as there is a 90% chance your spouse will have to manage her own finances at some point in time.

October 2008

Is Now the Time to Panic or the Time to Purchase?

There has been more turmoil in the financial markets recently than in any other time in recent history. This has caused both professional and individual investors to lose confidence in our current financial system and has also lead to major swings in the stock market. Several huge companies have either gone bankrupt or had to be rescued by our government with your tax dollars. Even overseas markets have been showing strain, as our economy is global and interconnected. Join Paula as she discusses what got us into this mess, what repercussions have occurred, and whether or not there is reason to hope for light at the end of this tunnel.

Our US Economy- Will it Sink or Swim?

It seems the chaos on Wall Street is here to stay for a while. Now everyone is wondering how bank failures and brokerage debacles will affect their retirement, job safety, home loans and credit availability. Our Treasury is talking about devoting 700 billion dollars to shore up bad debt and give a lifeline to some of our oldest and biggest institutions. Exact terms have yet to be disclosed but all agree that something must be done and the sooner the better. Paula tries once again to shed some light on what is happening and why it is necessary for our government to come to the rescue. We’re walking in unchartered territory and really have only one chance to avoid what could be the worst depression in history. Let’s hope our leaders get it right!

Trickling Down to Main Street

Here we go again. The waters are unchartered for our Financial System and the surprises keep on coming. If only they were good surprises… Join Paula as she sums up the current happenings, discusses the Economic Stabilization Act of 2008 (aka The Bailout) and how it is affecting the stock markets, credit markets and the Average Joe on Main Street. If you think you are not affected personally, chances are you will be in the near future. Are you ready to ride out the storm? How can we determine when the worst is over and we start heading in the right direction again? If you are confused, you are not alone. Even the experts are shaking their heads.

What We Don’t Know IS Hurting US

If you have panicked and cashed out of the stock market you are not alone. Not only have stock owners world wide lost trillions of dollars, but many have locked in those losses by bailing out trying to avoid the absolute market bottom. Whether or not this is a good or bad idea varies wildly and only time will tell. Many long time investors see opportunities to get into this market while stocks are at sale prices never seen before. Paula recaps the changes and developments that have occurred since last week, as well as answers some listener questions about annuities and how safe the money is with insurance companies these days. You’ll also hear about some of the living benefit riders and if they are worth the extra price you pay. Paula welcomes email questions and concerns. Send them to her at simplywealthshow@gmail.com and she has a special offer for her listeners who are selling assets such as businesses and real estate at by following her instructions and entering the right info at www.savegainstax.com - this will save you $500.

Have You Panicked Yet?

If you have panicked and cashed out of the stock market you are not alone. Not only have stock owners world wide lost trillions of dollars, but many have locked in those losses by bailing out trying to avoid the absolute market bottom. Whether or not this is a good or bad idea varies wildly and only time will tell. Many long time investors see opportunities to get into this market while stocks are at sale prices never seen before. Paula recaps the changes and developments that have occurred since last week, as well as answers some listener questions about annuities and how safe the money is with insurance companies these days. You’ll also hear about some of the living benefit riders and if they are worth the extra price you pay. Paula welcomes email questions and concerns. Send them to her at simplywealthshow@gmail.com and she has a special offer for her listeners who are selling assets such as businesses and real estate at by following her instructions and entering the right info at www.savegainstax.com - this will save you $500.

Is There Hope for Homeowners?

You may have heard that there is a new government bill called Hope for Homeowners that became effective this month. Do you know what it is or who it might help? Join Paula as she discusses what types of homeowners are in need and whether this new government bill will help you stay in your home. Paula also gives an update on current market conditions and news of the bailout program. Paula welcomes your email questions and concerns. Send them to her at simplywealthshow@gmail.com. She also has a special offer for her listeners who are selling assets such as businesses and real estate. Fill out the confidential questionnaire at www.savegainstax.com and mention you listened to this week’s show in the notes section to save $500.

November 2008

What’s Happening Now That the Election Is Over?

Well, it’s been almost two years since the candidates for the 2008 Presidential Election have been in the news. Now that it is Election Week, what will the future bring to this volatile and frail economy? Join Paula as she recaps recent financial news and discusses situations which are affecting all of us. Send your questions and challenges to Paula at simplywealthshow@gmail.com and tune in to get information which can help you through these troubled times.

An Investment Worth Exploring During These Turbulent Times

We have a new President-Elect but we are far from out of the woods as far as the economy goes. Paula talks about an investment worth looking into during these trying times that provides measured stability, return and potential growth. It’s not for everyone, but is worth consideration to sustain and grow your wealth and protect your legacy. Find out the pros, cons and questions to ask so that your chances of selecting the right investment are multiplied. Send in any questions you have to Paula at simplywealthshow@gmail.com so your most important topics are addressed.

Were We Duped With the Bailout?

The 700 billion dollar bailout was sold to us with the implicit use of buying up bad mortgages to stabilize our economy. So, why have the powers that be changed their course? Has Joe the Plumber been thrown over for the Big Three Auto Makers and countless other conglomerates with their hands out? When does it stop and who is it really benefiting? Should there be strings attached or do we just keep throwing good money after bad? These are the questions we are all asking, and how do we trust those making these decisions? Paula will talk about the factors in play and also discuss some real life situations that are hitting close to home. Email your questions and situations to simplywealthshow@gmail.com, as we are all in this together and can benefit from others experiences.

When is Enough, Enough and Where Do We Draw The Line on Bailouts?

There seems to be no end in sight to the companies, banks, cities, states and various other entities standing in line with their hands out hoping to get a portion of the 700 Billion plus money our government has set aside for economic stabilization. Now the question is, who do we help out, who do we let fail, and how do we assure the taxpayers that this money has some chance of bringing about positive change versus just prolonging the pain of a company too far gone to have any chance of salvage? The bottom line is when does a failure of a company in one state have an affect on all of us no matter where we live or who we work for? Paula discusses how a complete failure of a company like General Motors can affect both you and her. After all, what we care about first is how this whole economic mess is affecting us and our families and if there is a light at the end of this endless tunnel. Paula wants to hear from you how the failure of any of these big companies is affecting you and yours. Send her an email at simplywealthshow@gmail.com

December 2008

Year End Tax Planning and Capital Gains Mistake #1

We are fast approaching the end of the year, so there are only a few weeks left to do year end tax planning. Paula discusses some basic rules and talks about some of the things you can do to minimize your 2008 tax bill. Tax rules change from year to year, so don’t assume you know what is currently in effect. She also begins with Mistake #1 in her series of “The 7 Most Common Capital Gains Tax Mistakes That Cost You a Lot of Money”. To get the complete list, email Paula at simplywealthshow@gmail.com . Put “mistakes” in the subject line and include your name and return email.

Creative Ideas to Reduce Holiday Spending and Capital Gains Mistake #2

With the holiday season approaching and the economy still tanking we need to be more creative in reducing expenses without dampening our spirits. This means going back to tried and true ways of showing how much we care without spending an arm and a leg or increasing debt. Paula gives many suggestions on how leveraging skills we already have can make for the most cherished gifts. She continues with the second segment in her 7 part series “The 7 Most Common Capital Gains Tax Mistakes That Cost You a Lot of Money”. To get the complete list, email Paula at simplywealthshow@gmail.com . Put “mistakes” in the subject line and include your name and return email. You can also call her direct during business hours M-F 8am to 5pm Pacific time for specific questions.

Red Flags For Rip Offs and Capital Gains Mistake #3

You may be frightened to death these days to turn over your hard earned money to anyone to invest. Banks have gone under, 401Ks have hit bottom, housing values continue to drop and there seems to be no end in sight. Paula says there is no excuse for professionals without ethics and you need to know what red flags to look for to protect yourself from those out for themselves and not you. This is a show you can’t miss so have a pad and pen ready to take notes. She also continues with the third segment in her 7 part series “The 7 Most Common Capital Gains Tax Mistakes That Cost You a Lot of Money”. To get the complete list, email Paula at simplywealthshow@gmail.com . Put “mistakes” in the subject line and include your name and return email. You can also call her direct during business hours M-F, 8am to 5pm Pacific time for specific questions.

Holiday and Last Minute Financial News and Capital Gains Mistake #4

There is literally only a few days left in 2008 and a need to know what 2009 will bring financially. Will the auto industry survive or are we throwing money at a lost cause? How does someone get away with a 50K Ponzi scheme and how far down do the ripples go? What is the Obama administration going to do to help us weather this crisis? Paula also continues with the forth segment in her 7 part series “The 7 Most Common Capital Gains Tax Mistakes That Cost You a Lot of Money”. To get the complete list, email Paula at simplywealthshow@gmail.com . Put “mistakes” in the subject line and include your name and return email. You can also call her direct during business hours M-F, 8am to 5pm Pacific time for answers to your specific questions

Who Can You Trust With Your Money?

Banks are going under. Insurance companies are being taken over. Financial Service firms are going belly up. 50 Billion dollar Ponzi Schemes are being uncovered. How can the average person trust any third party to invest their life savings? Paula talks about needed caution vs. paralysis when entrusting a company or individual with your hard earned money. She answers a listener question on the time value of money and compound interest and continues with the fifth segment in her 7 part series “The 7 Most Common Capital Gains Tax Mistakes That Cost You a Lot of Money”. To get the complete list, email Paula at simplywealthshow@gmail.com . Put “mistakes” in the subject line and include your name and return email. You can also call her direct during business hours M-F, 8am to 5pm Pacific time for answers to your specific questions.

January 2009

New Tax Changes Now in Effect for 2009

There is no time like the present to catch up on new tax laws that are in effect as of January 1. Some will save you money and others may not. You need to know which will affect your bottom line so you can plan accordingly. Paula answers a listener question about transferring property titles prior to death and continues with the next segment in her 7 part series “The 7 Most Common Capital Gains Tax Mistakes That Cost You a Lot of Money”. To get the complete list, email Paula at simplywealthshow@gmail.com . Put “mistakes” in the subject line and include your name and return email. You can also call her direct at 760-917-0858 during business hours M-F, 8am to 5pm Pacific time for answers to your specific questions

Comparing a Charitable Remainder Trust to a Self Directed Installment Sale

If you are selling a highly appreciated asset such as real estate, a business, a collection or private stock shares you may be confused as to different capital gains tax strategies and how they compare. You may have attended a seminar given by an advisor or a charity and are trying to digest the material presented. Or, you may have heard about CRTs and are not sure who they are best suited for and may never have heard about a SDIS and who can benefit. This is a show you don’t want to miss. Paula gives examples of situations which benefit from each and dispels some misinformation which can get you into trouble with the IRS. She also continues her 7 part series “The 7 Most Common Capital Gains Tax Mistakes That Cost You a Lot of Money” with Mistake #6. To get the complete list, email Paula at simplywealthshow@gmail.com . Put “mistakes” in the subject line and include your name and return email. You can also call her direct at 760-917-0858 during business hours M-F, 8am to 5pm Pacific time for answers to your specific questions or unique situation.

Is It Time To Jump Into Real Estate?

We know the rule is to buy low and sell high, but have we reached a bottom or is it still too soon? Paula gives a state of the union for different types of real estate. She also answers the all too common question of what can one do to get a large profit in the short term with little risk? Paula wraps up her 7 part series “The 7 Most Common Capital Gains Tax Mistakes That Cost You a Lot of Money” with Mistake #7. To get the complete list, email Paula at simplywealthshow@gmail.com . Put “mistakes” in the subject line and include your name and return email. You can also call her direct at 760-917-0858 during business hours M-F, 8am to 5pm Pacific time for answers to your specific questions or unique situation.

February 2009

No Wonder Our Banking System is in Trouble

We all know by now that the banks loaned money for years to clients that were not able to pay the loans back. However, you may be surprised to learn a couple of other procedures they follow that protect those who are less than honest and make it extremely difficult for the account owners who have been wronged to be made whole. Paula discusses her own recent dealings with banks that have very strange rules about those with the ability to take auto deductions from your account and those who may intercept your money for their own benefit. She also discusses a source of possibly unknown value of something you may drop or cash out for peanuts without ever knowing its actual worth in a fairly new marketplace. Write to Paula at simplywealthshow@gmail.com to share your experiences- good or bad or contact her for help with your situation at 760-917-0858.

You’ve Been Laid Off – Now What?

The numbers are astounding. Over 11 million Americans are unemployed and close to 5 million are receiving unemployment benefits. Thousands are being laid off almost daily. What happens if you lose your job? Where do you even begin? Paula gives you a list of things to do to first find out how long you can last without a new job and what types of plans you should be making so you can make the best transition possible. Even if you still have your job you need to know this to be able to assist friends, family and colleagues to get their house in order. Paula also tells you of another source of hidden income you might have when you really need it. This may apply to an inherited annuity or an annuity not performing enough in payout to keep you going. Write to Paula at simplywealthshow@gmail.com to share your experiences- good or bad- or contact her for help with your situation at 760-917-0858, M-F 8am to 5pm PST.

Would the Failure of Big Banks Affect You Personally?

We know our economy is in the tank. We know a large portion is due to greed perpetuated by our largest institutions. Our first thought is to let the banks fail and teach the fat cats a lesson in humility. If this happened, do you know how this might affect almost every citizen in our country and even worldwide? Paula lays out how we got into this fine mess and some of the repercussions of letting our largest banks go under. There is not one right solution, but we know something needs to be done and soon. Will our government make the right choices or will we taxpayers be out billions upon billions of dollars with no positive outcome? Also, what is happening in the credit marketplace? Two things most people have no idea about that could affect you. Write to Paula at simplywealthshow@gmail.com to share your experiences- good or bad- or contact her for help with your situation at 760-917-0858, M-F 8am to 5pm PST

787 Billion- Stimulus or Bust

We are starting to get some of the details on President Obama’s Stimulus Package. No matter how you look at it, it is a lot of spending and tax breaks with a number of pet project funding thrown in for good measure. We tax payers just hope the money goes to the right combination of sectors to at the very least slow down the bleeding of massive job loss, real estate price declines, stock market freefalls, bank failures and business closures. The big question is have we entrusted the right people to turn this around or are we simply throwing good tax payer money after bad? Paula discusses how this package may affect you personally or not at all. Will you be one of the fortunate who gets some relief? Paula also recaps life settlement and annuity purchase options and touches on the current situation of reverse mortgages. Send an email to simplywealthshow@gmail.com if you need some help or want to share your current situation and how this economy is hampering or helping you. You can also call her direct at 760-917-0858 during business hours M-F, 8am to 5pm Pacific time for answers to your specific questions.

Will You Qualify for a Mortgage Modification?

Everyone that owns a home in the US right now is hoping to qualify for a lower interest rate loan with the new Mortgage Modification program that is being introduced by President Obama. Unfortunately, there will be many deserving people left out in the cold- literally. Paula discusses what situations will qualify and who has been left out completely. You might be surprised. Will this expensive program really save millions from foreclosure or will it be a repeat of the Hope for Homeowners program introduced last year that was a huge bust? Why is the stock market plummeting on the news? How long will it take any of this money to reach the intended recipients? Paula also summarizes why fixed annuity products are worth a look for money you need to protect. Send an email to simplywealthshow@gmail.com if you need some help or want to share your current situation and how this economy is hampering or helping you. You can also call her direct at 760-917-0858 during business hours M-F, 8am to 5pm Pacific time for answers to your specific questions.

Home - Contact Us - Resources