Tom Sullivan Financial Friday
Financial Friday is listener's calls about money and investing. Tom Sullivan began with one of the Big Four accounting firms in the audit and tax departments. He was in the investment business for 30 years rising to managing director of investments for a major Wall Street firm. He was also one of the original anchors that launched Fox Business interviewing business and political leaders for ten years.
Financial Friday — Selling a Landlocked "Up" House Surrounded by Commercial Property, How to Get Out of a REIT & Which Assets Should Be Sold
This week on Financial Friday — a caller owns a small piece of land completely surrounded by commercial development, just like the house in Up, and wants to know how to sell it for what it's actually worth. Another caller is trying to get out of a REIT and hitting more resistance than expected. And we tackle a real estate planning question — which assets should actually be sold first after someone passes away, and why the order matters for the tax bill your heirs end up paying. Real questions, straight answers.
Call with your money questions 855-295-6600
Financial Friday — Taxes on Selling Your Home, Cashing In a 401k to Pay Off Your Mortgage, Rental Property Deductions, Investing in Space &
This week on Financial Friday — what taxes you'll owe when you sell your home and how to shield most of the gain. Should you ever cash in your 401k to pay off the mortgage? We break down the real math. What tax deductions can rental property owners actually claim? Is investing in the space industry smart or speculative? And what's the best move for a grandchild born just before Trump Account eligibility kicked in? All five questions answered with straight, practical advice.
Call with your money questions 855-295-6600
Financial Friday — Nervous About Stocks? Try a CD Ladder or Dollar Cost Averaging. Why Reverse Mortgages Worry Me, HELOC Rules & Structured
This week on Financial Friday — a nervous investor gets two solid alternatives, a CD ladder for guaranteed returns or dollar cost averaging to ease into the market without the stress of timing it. Reverse mortgages get real skepticism today and I explain exactly why. Home Equity Lines of Credit are fine for home improvements and a mistake for buying a car — we explain the difference. And we break down structured notes versus secured notes so you actually know what you're buying. Real questions, straight answers, no products to sell.
Call with your money questions 855-295-6600
Financial Friday - How to deal with Roths, paying down your primary home and investing education for minors
Roth rules, paying down primary home vs rentals, investing and education for minors, etc.
Call with your money questions 855-295-6600
Financial Friday - How to deal with retirement money, Municipal Bonds, Annuities
Callers vary from how to manage the money they are saving for retirement once they do retire, an explanation of the various municipal bonds and why is makes sense only for high tax brackets plus a stab at the various modes of annuities.
Call with your money questions 855-295-6600
Financial Friday — You Don't Need to Be Rich to Start Investing. Primary vs Secondary Markets, the Wash Sale Rule, Tax-Free Income Ideas & P
This week on Financial Friday — how to start an investment account even if you don't make a lot of money, what actually separates a primary market from a secondary market, the wash sale rule explained so you never lose a tax deduction by accident again, real ways to earn income completely tax free, and a beginner-friendly breakdown of options trading — what puts and calls actually are and how they work. Real questions, straight answers, no jargon left unexplained.
Call with your money questions 855-295-6600
Financial Friday — Roth Rollovers, Private Credit Explained, Saving for Your Kids & The Red Flags That Mean Fire Your Financial Advisor
This week on Financial Friday — should you roll your 401k into a Roth account and what will it actually cost you in taxes? What in the world is private credit and does it belong in your portfolio? What is the smartest way to start saving for your children's future today? And the red flags that tell you it is time to have a hard conversation with your financial advisor or find a new one. Real questions, straight answers, no products to sell. Financial Friday is back.
Call with your money questions 855-295-6600
Financial Friday Is Back — Advisor Fees, Robo Investing, Index Funds, Social Security for Couples, Selling Gold & Early Plays on SpaceX
Financial Friday returns with a debut episode packed with real money questions from real listeners. Are you paying too much in advisor fees — probably yes and today we tell you exactly what to do about it. Robo investing versus index funds — which is right for you and when does the answer change? Social Security strategy for married couples that could be worth tens of thousands of extra dollars in retirement. The right way to sell gold without leaving money on the table. And two exciting early stage opportunities — getting SpaceX exposure before a potential IPO and positioning in the fast growin...
