Chartered Financial Analyst, Russell Hackmann is the “The Wall Street Sweeper.” Russ, a Magna Cum Laude graduate of Georgetown University with an MBA...Full Bio
Core Principles for Financial Stability
Navigating the Wall Street Maze
Russ discusses the current state of the markets, the impact of tariffs, and the importance of having a solid financial plan. He emphasizes the need for safe assets, cash flow management, and the significance of being proactive in retirement planning, especially in volatile economic conditions. The conversation also touches on the release of Russ's new book, 'Wall Street is Not Your Friend', and how it relates to the current financial landscape. Hackmann Wealth Senior Vice-President joins with a case study which also focuses on cash flow management strategies.
Reach Hackmann Wealth Partners at 617-674-2000.
See omnystudio.com/listener for privacy information.
Market Trends and Your Financial Plan
In this episode of the Wall Street Sweeper, Russ Hackmann discusses the current economic climate, highlighting a significant drop in consumer confidence and the Federal Reserve's adjustments to growth and inflation estimates. He shares information on a recent Market Watch article that referred to his upcoming book, 'Wall Street is Not Your Friend.' The conversation shifts to the performance of technology stocks, particularly the so-called 'Magnificent Seven,' and the implications for investors. Russ also delves into tax strategies, specifically Roth conversions, as a means to manage retirement funds effectively. Hackmann Wealth Senior Vice-President joins with a conversation on gold.
Reach Hackmann Wealth Partners at 617-674-2000.
See omnystudio.com/listener for privacy information.
Tariffs and Their Economic Impact
In this episode of The Wall Street Sweeper, Russ Hackmann discusses the current state of the markets, highlighting the significant volatility and the impact of tariffs and economic policies. He emphasizes the importance of protecting past gains and offers insights into investment strategies, including the roles of gold and cryptocurrency in a portfolio. The conversation also touches on the challenges posed by uncertainty in the market and the need for careful financial planning, especially for those nearing retirement. Russ also discusses the importance of estate planning, the strategies for wealth transfer, and the necessity of having a solid financial plan as one approaches retirement. He emphasizes the staggering amount of wealth expected to transfer between generations by 2030 and the common pitfalls individuals face in estate planning. Hackmann Wealth Senior Vice-President Jack Young joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
See omnystudio.com/listener for privacy information.
A Broad Economic View
In Russ' effort to keep us informed on economic news and what it means to us, he steps back for the majority of this podcast to take a broad view. He also discusses Social Security and the challenges faced by the trust fund in 2034. The conversation shifts to Russ' take on a Wall Street Journal article which asks the question: "Why is Warren Buffet hoarding so much cash?" Hackmann Wealth Senior Vice-President Jack Young also joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
See omnystudio.com/listener for privacy information.
The Impact of Tariffs on the Economy and Your Wallet
In this episode of The Wall Street Sweeper, host Russ Hackman discusses the current market trends, the impact of tariffs on the economy, and strategies for retirement planning. With market turbulence erasing gains since the election, Hackman emphasizes the importance of defensive strategies for investors. He also explores the implications of tariffs on inflation and the economy, while providing insights into building a solid financial plan akin to constructing a protective wall around one's retirement. Hackmann Wealth Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
See omnystudio.com/listener for privacy information.
Understanding Market Trends
Russ discusses various financial topics including market performance, retirement planning, and the implications of inflation. He highlights the current state of the markets, and the importance of tax planning. Additionally, Russ explores classic money sayings and their relevance in today's financial landscape, emphasizing the need for strategic financial planning to navigate potential economic challenges. Hackmann Wealth Senior Vice-President Clare Hare offers a case study on Social Security disability.
Reach Hackmann Wealth Partners at 617-674-2000.
See omnystudio.com/listener for privacy information.
Inflation Insights and Economic Outlook
Russ discusses the impact of tariffs on the economy. He delves into inflation trends, the importance of estate planning, and answer listener questions about financial strategies. The conversation highlights the significance of asset allocation in retirement planning and the challenges faced by federal workers in the current economic climate. Russ also offers his weekly market update and Hackmann Wealth Senior Vice-President Clare Hares offers a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
See omnystudio.com/listener for privacy information.
The Impact of AI
Russ Hackman discusses the current market trends, focusing on the impact of Chinese AI on technology stocks, particularly Nvidia. He emphasizes the importance of diversification in investment strategies and explores the link between financial health and overall well-being. Russ emphasizes the importance of long-term planning in investing and provide insights into market predictions based on January's performance. Hackmann Wealth Partners Senior Vice-President Clare Hare joins with a case study.
Reach Hackmann Wealth Partners at 617-674-2000.
See omnystudio.com/listener for privacy information.
Balancing Risk and Growth
Russ Hackman discusses the market's reaction to the first week of the Trump presidency, exploring economic indicators, investment strategies, and the implications of federal workforce changes. The conversation emphasizes the importance of balancing risk and growth in investment portfolios, while also reflecting on timeless financial wisdom through historical quotes. Russ and Hackmann Wealth Partners Senior Vice-President Jack Young offer case studies.
Reach Hackmann Wealth Partners at 617-674-2000.
See omnystudio.com/listener for privacy information.