Episodes

  • #54 Navigating Investment Choices: Active vs. Passive Investing

    #54 Navigating Investment Choices: Active vs. Passive Investing
    Jan 7 2025

    Send us a text

    Can active investing outpace its passive counterpart, or is the human touch an unnecessary expense? Get ready to explore these intriguing questions with us, Aaron Hoisington and Ryan Nelson, founder of Alchemy Wealth Management, on the Fiscal Physical Podcast. We pull back the curtain on these investment strategies, breaking down the role of a portfolio manager in active investing and its associated costs. Contrast that with the cost-effective, hands-off approach of passive investing, and you're left with a debate that has investors on both sides of the fence. Ryan sheds light on his role as a financial advisor, clarifying that portfolio management fees don't play a part in his services, leaving listeners with insights to better navigate their investment choices.

    But it's not all numbers and finance; we shift gears to share our personal encounters with fear and phobias. From the adrenaline rush of skydiving to an unexpected moment of trepidation on the Space Needle's rotating glass floor, we recount experiences that might just resonate with your own brushes with fear. We also dive into the peculiar world of trypophobia, where clusters of holes can send shivers down your spine. As we wrap up, we extend our gratitude to our listeners and dish out a dose of encouragement to stick to those New Year's resolutions. Whether you're here for financial wisdom or a good story, we've got a little something for everyone.

    Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk

    If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com

    And, as always, STAY THE COURSE!
    Show more Show less
    14 mins
  • #53 Risk and Reward: A Guide to Modern Portfolio Theory

    #53 Risk and Reward: A Guide to Modern Portfolio Theory
    Dec 31 2024

    Send us a text

    Curious about how you can harness the power of modern portfolio theory to enhance your financial fitness? On this special year-end edition of the Fiscal Physical Podcast, we promise to unravel the intricacies of diversification and the efficient frontier to help you build a balanced investment portfolio. I’m joined by Ryan Nelson, founder of Alchemy Wealth Management and author of "Your Fiscal Physical: Seven Keys to Becoming Financially Fit," as we explore these fundamental concepts pioneered by Nobel laureate Harry Markowitz. Together, we dissect how strategic investment combinations, rather than just owning a variety of stocks, can reduce portfolio risk.

    Our conversation ventures into the realm of futuristic possibilities in technology and transportation. Reflecting on decades of technological leaps—from the Y2K era to the dawn of 2025—we consider what the future holds with innovations like autonomous vehicles, the Hyperloop, and even recreational space travel. Sharing personal anecdotes about self-driving cars in San Francisco, we also ponder the implications of artificial intelligence and advancements in medicine. This engaging discussion offers a glimpse into how these developments might reshape our world in the coming years, sparking both excitement and curiosity.

    To wrap up, we emphasize the importance of staying informed on your personal finance journey. With a plethora of resources available, including Ryan’s insightful book and the Alchemy Wealth Management website, you have the tools at your disposal to make informed financial decisions. We invite listeners to subscribe, rate, and review our podcast to stay updated on the latest episodes, and encourage you to send in your questions or topic suggestions. Remember, personal finance is unique to each individual, and our insights are meant to inform and entertain rather than serve as specific advice.

    Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk

    If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com

    And, as always, STAY THE COURSE!
    Show more Show less
    21 mins
  • #52 Unlocking Social Security: Benefits, Timing, and Tips

    #52 Unlocking Social Security: Benefits, Timing, and Tips
    Dec 24 2024

    Send us a text

    Unlock the secrets to securing your financial future with insights from Ryan Nelson, founder of Alchemy Wealth Management. As our guest, Ryan sheds light on the often misunderstood world of Social Security. Learn why fears of its depletion may be overblown and how the system is actually funded by today's workforce and the Old Age and Survivor Insurance Trust Fund. Discover the real dynamics behind Social Security and gain a clearer perspective on its sustainability. Ryan also shares practical strategies to maximize your benefits, especially vital as demographic shifts challenge the system's robustness.

    Beyond Social Security, we take you on a fascinating journey through the history of inventions that have transformed our lives, from the humble wheel to modern water filtration systems. Explore the revolutionary impact of these innovations and how they've paved the way for future advancements, especially the technological boom that has changed the way we live and work. Whether you're planning for retirement or simply curious about the evolution of technology, this episode promises to enhance your financial literacy and appreciation for the incredible innovations shaping our world.

    Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk

    If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com

    And, as always, STAY THE COURSE!
    Show more Show less
    26 mins
  • #51: Securing Your Future: How to Analyze Your Retirement Needs

    #51: Securing Your Future: How to Analyze Your Retirement Needs
    Dec 17 2024

    Send us a text

    Unlock the secrets to a fulfilling retirement with our special guest, Ryan Nelson, founder of Alchemy Wealth Management. Ryan joins us to simplify the complex world of retirement needs analysis. Discover the importance of setting clear, personalized retirement goals and learn how they can shape your financial strategies—from selecting the right accounts to understanding tax implications. Whether you dream of a modest or lavish retirement lifestyle, Ryan's engaging and practical insights promise to make your financial planning journey more approachable and tailored to your unique aspirations.

    Our conversation takes a refreshing twist as we explore the necessity of adapting your financial plans to life's unpredictable changes, much like the four distinct seasons of Reno, Nevada. As we discuss the charm and lessons of seasonal transitions, we highlight the importance of regular financial check-ins to accommodate life's ebbs and flows, whether they bring unexpected expenses or fortunate windfalls. With Ryan's expertise, this episode encourages a proactive attitude toward financial well-being, inspiring you to appreciate the rhythm and variety of life's financial journey. Join us for an enlightening discussion that blends financial wisdom with life's natural rhythms.

    Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk

    If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com

    And, as always, STAY THE COURSE!
    Show more Show less
    20 mins
  • #50 Budgeting Basics: Building a Strong Financial Foundation

    #50 Budgeting Basics: Building a Strong Financial Foundation
    Dec 10 2024

    Send us a text

    Budgeting doesn't have to be a burden. Discover the secrets to financial freedom with Ryan Nelson, founder of Alchemy Wealth Management and author of "Your Fiscal Physical." Learn how adopting the right budgeting strategies can be a game-changer for your personal finances. Ryan reveals how budgeting is much more than sheer willpower—it's about crafting meaningful lifestyle changes that are as sustainable as they are effective. Through the lens of real-world experiences and Fortune 500 strategies, get ready to tackle common pitfalls and the irresistible urge to splurge. This episode is a toolkit for anyone looking to regain control over their financial life without the stress or guilt.

    What if there was a simple shift that could transform your financial habits? Meet the "pay yourself first" method, a strategy that prioritizes your savings and essential expenses the moment your paycheck arrives. Ryan breaks it down with practical examples, showing how this approach can leave you with guilt-free spending money. It's likened to a non-restrictive diet, offering flexibility while ensuring your financial responsibilities are met. As we wrap up, we express our gratitude to our listeners and extend an invitation to subscribe and engage with us. Personal finance is a journey, and we're here to provide the tools, tips, and insights you need every step of the way.

    Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk

    If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com

    And, as always, STAY THE COURSE!
    Show more Show less
    20 mins
  • #49 Ryan's Interview with Outlier's Edge Podcast

    #49 Ryan's Interview with Outlier's Edge Podcast
    Dec 3 2024

    Send us a text

    Ryan Nelson takes center stage in this special crossover episode with Outlier's Edge, hosted by Aaron Hoisington. As we navigate Ryan's compelling journey from mechanical engineer to founder of Alchemy Wealth Management, listeners gain a fresh perspective on his methodical approach to financial literacy. Discover how Ryan's experience with innovative projects like a groundbreaking solar thermal power plant has shaped his impactful mission in the financial world. His insights promise to inspire you, offering a glimpse into the unique path that led him to challenge norms and champion ethical values in the industry.

    We explore the bedrock of ethical decision-making with a deep dive into the concept of immutable laws. Drawing inspiration from Mike Michalowicz, we uncover five core principles that serve as a compass for both personal and professional life. From radical accountability to active transparency, these laws aren't just business jargon; they are the framework shaping the culture at Alchemy Wealth Management. Through personal stories and thoughtful discussions, we encourage you to assess your own values and consider how they influence your everyday decisions and leadership qualities.

    Passion and purpose are more than just buzzwords—they're the keys to thriving in your career. This episode sheds light on career transitions and the societal perceptions that influence them, particularly in fields like engineering and financial advising. Through the "party test," we challenge you to evaluate your career satisfaction by considering how naturally you speak about your work in social settings. Whether it’s about aligning your work with your passions or embracing your expertise, our conversation emphasizes the value of building authority and fostering a sense of community and confidence in the financial advisory landscape.

    Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk

    If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com

    And, as always, STAY THE COURSE!
    Show more Show less
    49 mins
  • #48 Paying Off Debt Made Simple: Strategies That Work

    #48 Paying Off Debt Made Simple: Strategies That Work
    Nov 26 2024

    Send us a text

    Unlock the secrets to financial freedom with insights from Ryan Nelson, the founder of Alchemy Wealth Management. Discover how you can regain control over your finances by mastering debt payoff strategies. Whether you prefer the empowering momentum of the snowball method or the interest-saving avalanche approach, this episode promises to guide you through the pros and cons of each, helping you choose the path best suited to your financial goals. Ryan lends his expertise to demystify these methods and offers invaluable advice on paving your personal road to financial independence.

    But financial success isn't just about numbers. We also explore how prioritizing sleep and exercise can boost your energy and productivity. As hosts, we share our personal experiences of balancing active lifestyles with the demands of parenthood, emphasizing the importance of a consistent sleep routine. We touch on intriguing connections between sleep, heart rate variability, and financial success, hinting at future episodes where we will delve into these correlations. Remember, personal finance is a unique journey, and our insights aim to entertain and inform, not replace personalized professional advice.

    Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk

    If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com

    And, as always, STAY THE COURSE!
    Show more Show less
    20 mins
  • #47 Book Smart: Your Ultimate Guide to Financial Literacy Reads

    #47 Book Smart: Your Ultimate Guide to Financial Literacy Reads
    Nov 19 2024

    Send us a text

    Want to transform your financial mindset and align your money with your values? Listen as we, Aaron Hoisington and Ryan Nelson, promise to guide you through a treasure trove of financial wisdom. We start off with Ryan's top five book picks, shining a spotlight on "The Total Money Makeover" by Dave Ramsey and "Rich Dad, Poor Dad" by Robert Kiyosaki. These books bust myths about debt and wealth, setting the foundation for smarter financial planning. As we navigate through these transformative reads, we also introduce Ryan's own work, "The Fiscal Physical," and discuss how these literary gems can empower you to rethink your approach to money, experiences, and long-term goals.

    Get ready to challenge conventional wisdom and explore the delicate balance between saving and spending, as we bring insights from Bill Perkins' "Die With Zero." With a focus on the struggles of diligent savers, this episode emphasizes the importance of meaningful wealth spending without compromising future security. From "The Psychology of Money" to "The Millionaire Next Door," we recap essential reads that promise to enhance your financial literacy and quality of life. Whether you're a seasoned saver or new to financial planning, our discussion aims to inspire you to align your financial actions with your personal values, making the most of every dollar.

    Find "Your Fiscal Physical" the book on Amazon at: rb.gy/3shpfk

    If you have suggestions or feedback, please email us at: Podcast@AlchemyWealth.com

    And, as always, STAY THE COURSE!
    Show more Show less
    21 mins