Episodes

  • Trump Accounts Explained: A New Way to Build Wealth for the Next Generation

    Trump Accounts Explained: A New Way to Build Wealth for the Next Generation
    Feb 14 2026
    In this episode of Creating Richer Lives, host Karl Eggerss welcomes Shawn Morris, CFP® back to the studio to break down the newly launched "Trump Accounts." They explain how these accounts work, including the government's $1,000 seed contribution, annual funding limits, tax treatment, and how parents, grandparents, and even employers can use them strategically. The conversation also explores how early investing can build long-term financial confidence for the next generation. Show Topics
    • Trump Accounts Overview
    • Government Seed Funding
    • Tax Planning Strategies
    • Generational Wealth Tools
    • Early Investing Benefits
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    18 mins
  • Inside the Market Rotation Behind Dow 50,000

    Inside the Market Rotation Behind Dow 50,000
    Feb 7 2026
    In this episode of Creating Richer Lives, Karl Eggerss breaks down a whirlwind week in the markets—one marked by sharp sector rotations, a major milestone for the Dow, and surprising divergences beneath the surface. He explains why areas like consumer staples surged while software and momentum names struggled. Karl also explores whether AI fears are justified in the software space and what these shifts mean for diversified investors. He closes with practical guidance on positioning, profit‑taking, and why staying balanced matters in a rapidly changing market environment. Show Topics
    • Dow hits 50,000
    • Value beats growth
    • Tech, software slump
    • Staples and banks surge
    • AI fears hit software
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    23 mins
  • Was This a Warsh Case Scenario?

    Was This a Warsh Case Scenario?
    Jan 31 2026
    In this podcast episode, Karl Eggerss discusses President Trump's surprise nomination of Kevin Warsh as the next Federal Reserve Chair, which triggered a sharp market reaction—most notably a spike in the dollar and a steep selloff in precious metals. Karl explains Warsh's background, his reputation as a policy hawk, and why the pick caught markets off guard. Despite some higher one‑day volatility in certain areas, overall market indexes were mostly flat for the week, reinforcing the value of diversification. Show Topics
    • Fed chair nomination
    • Market reaction overview
    • Precious metals selloff
    • Commodity/inflation divergence
    • Diversification importance
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    22 mins
  • Life Insurance Over 60: How to Make the Right Choice

    Life Insurance Over 60: How to Make the Right Choice
    Jan 24 2026

    This podcast episode explores how to evaluate life insurance when you're over 60, especially if you already own long‑held policies. Host Karl Eggerss walks through a real client case to show how rising insurance costs, cash value, and personal financial needs all factor into smart decision‑making. He explains why many retirees may not need insurance anymore—yet may still want to keep a policy for strategic reasons. The episode also outlines practical steps like reviewing in‑force illustrations, assessing coverage needs, and understanding options before making changes.

    Show Topics

    • Determining insurance needs
    • Evaluating existing policies
    • Rising insurance costs
    • In‑force illustration review
    • Keep, reduce, or cancel
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    20 mins
  • Why Paying off Debt Can Make You Poorer

    Why Paying off Debt Can Make You Poorer
    Jan 17 2026
    This week's episode breaks down why paying off debt isn't always the smartest financial move—especially if the money comes from savings, investments, or retirement accounts. While wiping out debt feels good, the wrong payoff strategy can actually shrink your long‑term wealth and increase financial risk. We highlight common situations where debt payoff backfires and share smarter ways to decide when paying debt off truly makes sense. Show Topics
    • Why paying off debt can sometimes reduce long‑term wealth
    • How using retirement funds or savings to pay debt can backfire
    • The hidden opportunity costs of aggressive debt payoff
    • When paying off debt does make financial sense
    • A simple framework for smarter debt decisions
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    21 mins
  • It's a New Year… But Is It a New Market?

    It's a New Year… But Is It a New Market?
    Jan 10 2026

    In this episode, Karl Eggerss breaks down the key economic and market developments shaping early 2026. He covers the sharp moves in the Venezuelan stock market, the renewed strength in energy stocks, and how recent federal policies under President Trump may influence housing affordability.

    Karl also examines the latest sector rotation in the stock market and explores whether the shift has staying power. To wrap up the episode, he shares a personal story about meeting Warren Buffett as the legendary investor retired at the end of the year.

    Show Topics

    • 01:34 Market Movements and News Events
    • 02:01 Venezuelan Stocks and Oil Prices
    • 04:26 Housing Market and Government Policies
    • 07:14 Market Update
    • 11:07 Asset Allocation and Financial Planning
    • 15:17 Personal Anecdote: Meeting Warren Buffett
    • 17:48 Conclusion
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    19 mins
  • What Made 2025 So Unique?

    What Made 2025 So Unique?
    Dec 20 2025
    In this final episode of 2025, Karl Eggerss takes a look back at what made this year so extraordinary for investors and markets. This includes some commentary on what were the outstanding areas of the market and what suffered. He also shares key considerations to keep in mind before making any trades in 2026. Plus, Karl offers a sneak peek into what's coming for the podcast in the new year.
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    18 mins
  • They Did It—Now What?

    They Did It—Now What?
    Dec 13 2025

    The Federal Reserve's decision to lower its key interest rate this week wasn't shocking—but it was a relief. What does this move actually accomplish, and how might it impact you? We'll break it down.

    Interestingly, the FOMC showed plenty of internal disagreement, but investors were united in their response—stocks surged after the announcement.

    Plus, Karl spotlights a fascinating case: one stock that took 25 years to climb back to its dot-com bubble peak. Can you guess which one?

    Show Topics:

    • Federal Reserve
    • Interest Rates
    • Dot-Com Bubble
    • Market Rotation
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    18 mins