New Focus On Wealth With Chad Burton

In this episode, Chad Burton provides a comprehensive market update, highlighting significant gains in various indices, including the NASDAQ and S&P 500, while also discussing the recent rally in the bond market due to declining interest rates. He emphasizes the importance of portfolio diversification, particularly for younger investors building wealth, and suggests strategies for rebalancing portfolios as markets reach all-time highs. Chad also addresses the impact of upcoming elections on market volatility and encourages listeners to consider charitable giving, particularly through donating appreciated stocks to avoid capital gains taxes. He explains the benefits of donor-advised funds and charitable remainder trusts for those looking to maximize their charitable contributions while managing tax implications. Additionally, he answers listener questions about long-term care insurance, estate planning for blended families, and strategies for managing inherited IRAs and annuities, underscoring the necessit