Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management this week as he discusses a variety of timely investing and financial planning topics, including:

1. Talking points: The Role of Mazal, or luck, in Personal Finance.

2. This week’s quote is from Charlie Munger on what it takes to be successful.

3. Can you describe your approach to investing?

4. I’d like to go to an NBA game and sit courtside. I can afford to do that for the Nets (Knicks tickets are way out of my price range). It would be the equivalent of like two months worth of discretionary spending for me. Should I do it?

5. Warren Buffet said to put 90% of one’s assets in the S&P 500 and the rest in Treasuries. Should I liquidate all my investments and do that?

6. My uncle started his business by taking out credit card debt. He is now one of the wealthiest people in his community. Given the possibilities, would you ever be OK with someone taking out credit card debt to fuel growth in your business?

7. What amount of money do you think is optimal to shoot for where you don’t need to work, but won’t be hounded by charities asking you to make big donations?

8. Timely & Actionable Idea: Don’t underestimate the required annual income in order to maintain your lifestyle.

***UPCOMING LIVE WEBINAR: On Thursday, June 5th @ 8:30am on the topic “Understanding Pass-Through Entity Taxation” featuring Angelika Herburger and Russell Ephraim both from CBIZ Advisors based in New York City. Register here: https://us02web.zoom.us/webinar/register/WN_CIBY7Q0UTu6TqhG9W2_KrQ ***

Stay connected:

1) Questions? Comments? Reach out to Jonathan@ParkBridgeWealth.com

2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter

3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars

4) WATCH my daily financial planning videos: Instagram | X | YouTube | LinkedIn

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Join Jonathan I. Shenkman, President & CIO of ParkBridge Wealth Management, as he goes “IN FOCUS” to explore more advanced wealth planning topics.

This week, we will go IN FOCUS where we cover more advanced wealth planning topics.

Today, we are joined by Timothy Noonan a Partner at the law firm Hodgson Russ based in Buffalo and New York City. Tim will be discussing “Hot Topics in NY Tax Audits and Enforcement.”

While lots of questions remain at the federal level about what will happen with tax enforcement, there is no question that the New York State Department of Taxation and Finance has not skipped a step. The state is as aggressive as ever, and is stepping-up enforcement in all areas, including personal taxes and residency, sales taxes, and corporate taxes. In this episode, Tim will review the latest hot topics in the New York tax area and give a quick overview of new tax legislation that will be enacted as part of the state’s 2025 budget.

***UPCOMING LIVE WEBINAR: On Tuesday, May 20th @ 8:30am (New York time) featuring John S. Kiely of the law firm McDermott Will & Emery based in New York City. John will be speaking on “The IRS Issues Final Regulations on Gifts and Bequests from Covered Expatriates.” Register here: https://us02web.zoom.us/webinar/register/WN_7qt36Oc3TGGJ9i4ZpwpvtA ***

Stay connected:

1) Questions? Comments? Media Inquiries? Reach out to Jonathan@ParkBridgeWealth.com

2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter

3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars

4) Click to follow/connect: Instagram | X | YouTube | LinkedIn | Blog

Hosted on Acast. See acast.com/privacy for more information.

Join Jonathan I. Shenkman, President and Chief Investment Officer of ParkBridge Wealth Management this week as he discusses a variety of timely investing and financial planning topics, including:

1. Talking points: Taking out credit card debt to pay for a wedding.

2. This week’s quote is discusses how to measure real wealth.

3. What's the difference between an investment banker and what you do?

4. How do I convince a family member who is living paycheck to paycheck, but spends money like a drunken sailor, to be more sensible with their money?

5. Why do the rich get richer, and the poor always get poorer in this country?

6. How much does the way you grow up impact your relationship with money?

7. Is curbside check-in a worthwhile financial outlay?

8. Timely & Actionable Idea: Having more control, does not necessarily lead to better performance

***UPCOMING LIVE WEBINAR: On Thursday, May 8th @ 8:30am (New York time) featuring Timothy Noonan, a Partner at Hodgson Russ LLP based in Buffalo, NY will be speaking on “Hot Topics in NY Tax Audits and Enforcement.”

Register here: https://us02web.zoom.us/webinar/register/WN_sFsNmWyqSSqHxjNq9pXcew ***

Stay connected:

1) Questions? Comments? Reach out to Jonathan@ParkBridgeWealth.com

2) Signup for my monthly NEWSLETTER here: https://www.ParkBridgeWealth.com/newsletter

3) Get notified of upcoming LIVE webinars: https://www.parkbridgewealth.com/webinars

4) WATCH my daily financial planning videos: Instagram | X | YouTube | LinkedIn

Hosted on Acast. See acast.com/privacy for more information.