Charity Golf Tournament – Come Have Fun With Gary Allen

CSF Golf Tournament

On Monday, September 18, 2017, Gary Allen will be playing golf at the Croatian Scholarship Fund’s 6th annual charity golf tournament. The tournament will be held at Crystal Springs Golf Course in Burlingame, California.

Croatian Scholarship Fund Charity Golf Tournament

It is a great tournament for the average golfer. In fact, it is a day of bad golf, good food and a ton of fun. So don’t worry about your game, just bring your best smile and have a good time.

I hope to see you there! The Tournament is only a few weeks away.

If you have any questions or would like to become a sponsor, please contact me at gallen@prudentllc.com

 

 

 

Health Savings Accounts – What You Need to Know

Pat Jarrett
Health Savings Administrators

On the program this week, I interview Pat Jarrett of Health Savings Administrators. Pat is a co-founder of the company and is currently its brand ambassador. He was formerly the President and Chief Operating Officer of Health Savings Administrators.

This is a great show for people wanting to better understand the value and the benefits of Health Savings Accounts or HSAs. In particular, investment HSAs are a powerful tool for retirement savings and are not that well known. A great way to explain an investment HSA is to think of it as a medical IRA. You get to save money in a tax deductible manner, letting it grow tax deferred and if spent on qualifying medical expenses, the money comes out tax free.

This triple tax benefit makes it one of the best savings vehicles available to Americans. Listen to the show and find out about the shoe box planning trick that gives HSAs an incredible flexibility when it comes to reimbursements.

Look for the bonus interview materials at the bottom of the post.

 

Gary Allen on Business – Podcast

BONUS MATERIALS – I recorded some additional materials with Pat focusing on HSA questions and information that business owners and managers will find useful. This includes a little known fact that businesses can select HSA providers that are independent of their healthcare plans. This gives businesses an opportunity to improve their HSA benefit for their employees.  This bonus segment is about 18 minutes long! This material did not air on KNBR 680.

I hope you enjoy the interview with Pat Jarrett this week. HSAs are becoming more popular as a benefit and people need to understand how they work. Have a great week.

All the best – Gary

 

 

Gary Allen on Business – Sunday, April, 2, 2017 – Podcast Now Available

RETIREMENT DREAMS…

Retirement Dreams

On the program this week, I talk about the relationship between risk and return. Unfortunately, many people focus on one or the other without truly comprehending the direct relationship between the two. And more importantly, many people do not spend nearly enough time thinking about why they are investing and quantifying that goal. 

One to think of this disconnect is to think about gardening in your backyard. If you don’t think about what time of year it is or if you don’t take a peek to see what is happening out there, then you will probably not bring out the proper tools. It does not make sense to bring out the pruning sheers in summer when everything is in bloom. Nor should you be watering when the rain is pouring down. 

All of that makes sense for gardening, but seldom do I see the same kind of common sense with investing. Too many folks spend their time worrying about the risk (too conservative), while many spend all their time chasing big rewards (too much risk). The right combination of risk and return focused on a clear goal is a better way to invest. 

Segment 1- Imagine an alternative world where disclosure and disclaimers are actually written in a clear fashion to protect investors. While it will never happen, you can use my list to protect yourself. 

Segment 2 – In this segment, I focus on risk and return and how it comes into play for retirement planning

Segment 3 – This segment continues our journey into retirement planning. The big picture of what to think about and how to approach this investment goal.

Segment 4 – I cover the factors or levers that people can use to plan dynamically over time. This involves the timing of your retirement, how much to save, when to take Social Security and a few more. 

Segment 5 – A short story at the end of the program involving my grandfather, buried treasure “gold”, my father and uncle find the loot and the lost opportunity of investing the gold money.

I hope you enjoy this week’s program. – Gary

CONTACT INFORMATION

If you have a question for Gary, the best way to reach him is via email at gallen@prudentllc.com. You can also try him at the office 916.436.8331 as well.

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Gary Allen on Business – New Show Sunday, January 29, 2017

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Gary Allen on Business is Back!

Greetings everyone. I am pleased to announce that I will be back on the air this weekend. My first show of the new year will be on Sunday morning from 8 AM to 9 AM on radio station KNBR 680 AM San Francisco.

It was very relaxing and wonderful to have the time off these past few months but it’s time to get back to giving you the business. I look forward to chatting with you about all of the recent events and how they might impact your investments.

Hope that you tune in on Sunday but you can always catch the show through my podcasts on this website. Thanks again to all of my listeners who have been with us for the past twenty years!

All the best – Gary

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Gary Allen on Business – Back Soon

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Greetings everyone. In case you have not been paying attention, I have taken some time off in recent months. After 19 years on the air, I took a sabbatical to recharge the batteries and to just take a break from the grind. For much of my radio career I was broadcasting six days a week and providing thousands of business updates every year. It may be hard to imagine but after a while it does become a grind.

I have totally enjoyed my time off but I am now getting the itch to start broadcasting again. The good news for listeners is my program will be back on the airwaves of KNBR very soon.

Look for further details in the coming weeks about when the show will be back on the air. 2017 will mark my 20th year associated with KNBR. It should be a fun year. Happy New Year to everyone and I look forward to having further conversations on the radio with all of you.

Gary

Gary Allen on Business: Sunday, July 31, 2016 Broadcast: The Organic Coup (A Fast Food Revolution?)

The Fast Food Organic Revolution

In 2015, the fast food industry generated approximately $200 billion in sales in the United States from more than 200,000 locations. However,  fast food has a general reputation for unhealthy food, poor working conditions and very low wages. Into this rugged playing field, two former retail executives with no restaurant experience are aiming pretty high.

The Organic Coup (yes a play on words, think organic revolution) is making big plans to disrupt and change the fast food industry. Yes, bold plans are often laid out by entrepreneurs and most do fail, but something seems different as The Organic Coup begins to hatch its plans for fast food stardom.   

The_Organic_Coup_Dennis___Erica.0Two highly experienced former Costco executives have launched their revolution in Northern California to shatter the fast food industry’s reputation for unhealthy food by boldly becoming the nation’s first organic certified fast food operation.  While the restaurant industry is something new, the two co-founders have deep and influential organic experience.

Erica Welton helped turn Costco into the nation’s largest organic retailer (yes it’s true), while Dennis Hoover was responsible for the company’s Bay Area region ($11 billion in sales and 15,000 employees). The two experienced executives are taking the Costco mentality and applying it to the fast food industry. One of the early investors in The Organic Coup is legendary Costco Co-founder Jim Sinegal.

BROADCAST

The Organic Coup Story

On the program tomorrow (Sunday, July 31, 2016) our guests will be Erica Welton and Dennis Hoover co-founders of The Organic Coup. It is a great story about a startup that might just shake up the fast food industry in a big way.

***SPECIAL GUEST***

Jim Sinegal, Former CEO and Co-Founder of Costco

Jim Sinegal

Jim Sinegal is a legendary retailer and considered to be a major contributor to one of the greatest American retailing stories. It is rare to get an interview with Jim and something not to be missed.  

Going to be a great show!

Gary

United Kingdom Leaves the European Union

United Kingdom Citizens Surprise the Experts and Vote to Leave EU (What Does it Mean to Me?)

UK EU PictureOn June 23, citizens of the United Kingdom voted to leave the European Union. While there has been much speculation leading up to and since the vote, many of the longer-term implications of the referendum remain unclear, as the process for negotiating what a UK exit may look like are just beginning.

Prudent Investor Advisors and its team of professionals has decades of experience managing portfolios, including during periods of uncertainty and heightened volatility. We monitor market events very closely and consider the implications of new information as it comes to light. We are paying close attention to market mechanisms and they appear to be functioning well. Our investment philosophy and process have withstood many trying times and we remain committed.

We urge caution in allowing market movements to impact long-term asset allocation. Long-term investors recognize that risks and uncertainty are ever present in markets. A drop in prices is generally due to lower expectations of cash flows, higher discount rates, or both. In some cases, a drop is also due to investors demanding liquidity. In the current situation, some investors and economists may expect lower cash flows due to possible trade barriers that may not be implemented. Higher discount rates may be occurring due to uncertainty about changes in the economic landscape and regulations. We have seen markets increase discount rates in times of uncertainty before, resulting in lower prices and increased expected returns.

However, it is difficult to know when good outcomes will materialize in the future. By attempting to time the right moment to buy or sell, one risks not enjoying the potential benefits of such materializations. Many of those who exit the markets miss the recoveries. What we have often seen in the past is that investors who remained in well-diversified portfolios were rewarded over time.

The UK will have up to two years to negotiate a withdrawal, during which time it remains subject to EU treaties and laws. Any potential operational changes depend on what path the UK and EU decide to take. There is plenty of speculation out there about what is going to happen. However, no one knows what the future holds. In fact, the experts were completely wrong about the expectations for this election. The political experts and the famous English bookies were completely wrong about the will of the citizens of the UK to leave the European Union. We would advise against listening to these same so-called experts who are now calling for financial ruin.

UK EU Picture2The UK has voted to leave the European Union however to the best of our knowledge it remains committed to the planet Earth. There are many questions that remain to be answered but the UK will continue to be a meaningful player in the global economy whether it is a member of the European Union or not.

Prudent remains committed to helping our clients navigate the uncertainties of the world and to help them focus on what is within their control. Our advice to clients remains the same. Focus on your personal situation, make certain your goals are clear, and make changes to your investments based on changes in your circumstances. A well-diversified, lower cost, institutional portfolio like those managed by Prudent are designed as all-weather portfolios.

Poor investment decisions are often made as people react emotionally to news and events. The wall-to-wall coverage of the events in Europe only raise this level of stress. If you want to focus on Europe we have a suggestion for you. Turn the channel to one of the UEFA 2016 soccer games and enjoy the match.

After the soccer match if you are still worried about current events, please take some time to read through our Pursuing a Better Investment Experience paper. It outlines the ten items that any investor should focus on to improve their chances of a better investment experience.

Request a Free Copy of “Pursuing a Better Investment Experience”.

Better Investment ExperienceThis easy to read document provides a road map for investors to focus on the right things to improve your chances for a successful investment experience.

Contact Gary by email to request a copy of the document. Please put Pursue a Better Investment Experience in the RE line of your email. 

Gary Allen      

916.436.8331

gallen@prudentllc.com