Best Advice Podcast Guys

Budgeting often fails because it relies on willpower and constant tracking—life gets busy and discipline wears out. In this episode Rob Lovaglio and Trevor Bell explore why traditional budgets crumble and why it’s often a system problem, not a personal failing.
The solution they recommend is automation: treat savings and investments like monthly bills by "paying yourself first," use automated transfers and dollar-cost averaging, and keep realistic fun money so your budget is sustainable.
 
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This episode explains why risk tolerance often reveals itself only when markets fall, not when they soar. Hosts Rob Cavaglio and Trevor Bell discuss how emotional bias and hot sectors like tech and AI can make portfolios riskier than investors realize, and why a proper risk-tolerance questionnaire (scored 1–99) matters.
Using a real example, they show how a misaligned portfolio can turn a moderate loss into a catastrophic one, and offer practical steps: take a comprehensive risk assessment, realign allocations (stocks vs. bonds), diversify, and work with a financial planner to manage both investments and emotions.
 
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Rob and Trevor answer Stacey’s question by walking through a CFP-style framework: start with an honest budget, build an emergency fund (3–6 months of expenses), then invest according to specific goals and time horizons.
They explain bucketed strategies for retirement, down payments and short-term goals, the value of liquid taxable accounts versus locked retirement accounts, and why purpose-driven planning and a specialist team matter more than simply “investing first.”
🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consultation with our award-winning team 👉 https://go.oncehub.com/SecurityFinanc... 🔔 Subscribe for More Expert Insights:    / @bapodrob  

How College Athletes Are Really Managing NIL Money (Real Talk from Joshua Raymond, FSU Football) ‪@teamcounsel‬ In this episode of the Ba Podcast Guys, we dive into the real conversation around NIL money and how college athletes are actually managing it behind the scenes. With NIL deals becoming a major part of college sports, many young athletes are earning serious income for the first time in their lives, often without clear guidance on taxes, budgeting, or long-term planning. Our guest, Joshua Raymond of FSU Football, shares candid insights on receiving NIL payments, resisting reckless spending, and building a sound financial foundation early.
Alongside experienced Financial Advisor Dan LaForest, who breaks down the realities of NIL income, common mistakes college athletes make, and why having the right team and mindset matters more than the money itself. This conversation goes beyond sports. It touches on personal finance, financial literacy, investing basics, tax planning, and how young earners can think like business owners instead of short-term spenders. Whether you are a college athlete, student, parent, or simply interested in money management and wealth building, this episode offers practical lessons that apply far beyond the field. If you want real talk, real experiences, and real financial education without hype, this episode is for you. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
Timestamps:
00:00 – College athletes & money mistakes
00:44 – Podcast intro & guest Josh
01:24 – Josh’s football role & strengths
01:58 – Beating Alabama experience
03:40 – Discipline & NIL balancing act
05:19 – NIL money & financial risks
07:39 – Building a business with NIL
11:53 – Compound interest explained
15:39 – Managing monthly NIL income
24:43 – Advice for young athletes ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 📈 Welcome to Best Advice Podcast Guys! We bring you expert financial advice, success stories, and insights from top industry leaders. Hosted by Robert Lovaglio and a panel of experienced financial professionals—including Frank Lovaglio, RFC®, David Allen, CFP®, Mitchell Walk, AAMS®, Austen Jacks, CFP®, and Mitch Allen, CFP®—we break down the strategies that drive wealth, success, and financial freedom. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🎧 Listen & Subscribe: 🔹 Apple Podcasts: https://podcasts.apple.com/us/podcast... 🔹 Spotify: https://open.spotify.com/show/2xscesU... 🔹 All Platforms: https://bestadvicepodcastguys.com ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consultation with our award-winning team 👉 https://go.oncehub.com/SecurityFinanc... 🔔 Subscribe for More Expert Insights:    / @bapodrob   ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ Related Phrases Financial advice from industry experts, smart investing strategies for beginners, market updates and economic insights, how to grow wealth and manage money, the best financial podcast for investors, breaking down stock market trends, expert tips for financial freedom, understanding taxes tariffs and trade policies, wealth-building secrets from financial advisors, how to protect your investments in a volatile market Related Hashtags #401k #401kallocation #retirementplanning #financepodcast #investingtips #marketnews #stockmarket #wealthbuilding #financialfreedom #moneymatters #tradingstrategies #economicnews #financialplanning #securityfinancialmanagement

In this episode Rob and certified financial planner Trevor Bell walk through how 401(k) allocations work, comparing target-date retirement funds with self-allocated options and explaining the pros and cons of each.
They cover basics like fund lineups, risk and time horizon, expense ratios, rebalancing responsibilities, and when to consider rolling a 401(k) into an IRA or a professionally managed account.
 
🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consultation with our award-winning team 👉 https://go.oncehub.com/SecurityFinanc... 🔔 Subscribe for More Expert Insights:    / @bapodrob  

Sequence of Return Risk: The Hidden Retirement Danger No One Talks About explores one of the most overlooked threats to your financial future. In this episode, the BA podcast guys break down how the timing of market returns can impact your retirement income, even if your overall investment returns look strong on paper. You’ll learn what sequence of return risk really means, why it matters most in the early years of retirement, and how smart strategies like bucketed investing and dynamic withdrawal planning can help protect your savings. Whether you’re approaching retirement or just starting to invest, this video will help you make smarter, safer financial decisions. If you’re serious about building long-term wealth, avoiding costly retirement mistakes, and creating a stable income for the future, this episode is for you. Subscribe to the BA podcast guys for more real-world investing advice, retirement planning tips, and financial education content. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ Timestamps: 00:00 – Introduction 01:27 – Listener question about retirement risk 01:40 – What sequence of return risk mean 04:31 – Retiree A vs B real-world example 05:30 – How bad early years drain savings 08:24 – Strategies to reduce retirement risk 09:31 – Cash reserves and safe investments 10:46 – Ongoing risk monitoring and guardrails 11:24 – Final advice and episode wrap-up ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 📈 Welcome to Best Advice Podcast Guys! We bring you expert financial advice, success stories, and insights from top industry leaders. Hosted by Robert Lovaglio and a panel of experienced financial professionals—including Frank Lovaglio, RFC®, David Allen, CFP®, Mitchell Walk, AAMS®, Austen Jacks, CFP®, and Mitch Allen, CFP®—we break down the strategies that drive wealth, success, and financial freedom. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🎧 Listen & Subscribe: 🔹 Apple Podcasts: https://podcasts.apple.com/us/podcast... 🔹 Spotify: https://open.spotify.com/show/2xscesU... 🔹 All Platforms: https://bestadvicepodcastguys.com ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consultation with our award-winning team 👉 https://go.oncehub.com/SecurityFinanc... 🔔 Subscribe for More Expert Insights:    / @bapodrob   ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ Related Phrases Financial advice from industry experts, smart investing strategies for beginners, market updates and economic insights, how to grow wealth and manage money, the best financial podcast for investors, breaking down stock market trends, expert tips for financial freedom, understanding taxes tariffs and trade policies, wealth-building secrets from financial advisors, how to protect your investments in a volatile market

Hosts Rob Lovaglio and Trevor "Truck" Bell walk through a concise year-end financial checklist for closing out 2025. They explain tax loss harvesting to offset gains, the importance of maxing out qualified accounts (IRAs/Roth IRAs) before deadlines, required minimum distributions for those 73 and older, and running a portfolio stress test to reassess risk and allocations.
Listeners will learn practical actions to reduce taxes, avoid penalties, and ensure their portfolio allocation and contributions are in order before the new year.
 
🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consultation with our award-winning team 👉 https://go.oncehub.com/SecurityFinanc... 🔔 Subscribe for More Expert Insights:    / @bapodrob  

Episode explains major Affordable Care Act changes for 2026: significant premium increases (around 18%), the end of excess subsidies for those above 400% of the federal poverty level, and Aetna leaving the marketplace.
Good news: bronze and catastrophic plans will be deemed HSA-compatible starting 2026, allowing pre-tax contributions and investment growth; HSA limits and catch-up rules are discussed. Bad news: higher premiums and a subsidy cliff that can leave many without financial help.
Takeaway: review doctors and prescriptions when choosing plans, consult a tax or financial advisor about HSA strategies, and contact your insurance agent to compare options before open enrollment.
 
🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consultation with our award-winning team 👉 https://go.oncehub.com/SecurityFinanc... 🔔 Subscribe for More Expert Insights:    / @bapodrob  

In this episode Rob and Trevor discuss how market gains can make investors overestimate their risk tolerance and the importance of a proper risk analysis.
They explain how a risk questionnaire and financial planning help align your portfolio with your psychological comfort, using an example showing large differences in potential losses when risk is mismatched.
Listeners are encouraged to review their risk score with an advisor and regularly reassess as life and markets change.
 
🤝 Get Personalized Financial Guidance: 📌 Learn about the SFM process: https://www.sfmadvisorgroup.com/ 📌 Schedule a consultation with our award-winning team 👉 https://go.oncehub.com/SecurityFinanc... 🔔 Subscribe for More Expert Insights:    / @bapodrob  

Rob Lovaglio and the founders of Security Financial Management explain direct indexing and how it can create tax savings by harvesting capital losses while closely tracking an index like the S&P 500.
The founders of SFM walk through a real example, describe intraday loss-harvesting and loss carryforwards, and explain when this strategy can be useful for reducing future tax on big gains.