Assets – The WIN Podcast

The 3 Curse Words from Corey’s Book (Ep. 46)

By The-WIN-Podcast | January 23, 2024

Religion, politics, and money are three words that often produce strong emotions and opinions in people.

These words are also closely connected in many aspects of our lives, from our social interactions to our economic decisions.

How do we navigate these controversial topics in a respectful, informed, and beneficial way?

In this episode, Corey Heimensen analyzes three powerful words: Religion, Politics, and Money from his book “Stop Doing Dumb Things With Your Money.” Corey uses these words to describe the importance of making informed financial decisions, the power of faith in investing, and the significance of enjoying one’s wealth. Additionally, Corey also emphasizes the importance of education and shares how crucial it is to be optimistic in life.

Corey discusses:

The concept of faith and how it relates to investing and relationships
The relationship between optimism and happiness
The significance of being an opportunist and seizing opportunities
The importance of spending and enjoying money and assets
The long-standing tradition of avoiding discussions about politics
And more!

Resources:

“Stop Doing Dumb Things With Your Money” – by Corey Heimensen

Connect with Corey Heimensen:

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The Gauntlet with Zed Heimensen (Ep. 44)

By The-WIN-Podcast | December 26, 2023

One of the most fascinating aspects of financial planning is how it can be related to almost anything in life.

Whether it is music, art, sports, or movies, there are always lessons and insights that can be drawn from different domains and applied to our financial decisions.

In this episode, Corey Heimensen is joined by Zed Heimensen, financial advisor at Heimensen Wealth Advisors, to explore the adaptability of finance. Drawing inspiration from Beethoven and the movie National Lampoon’s Christmas Vacation, they explore the importance of managing what we can control and planning for the unexpected. They also emphasize the value of hard work, surrounding ourselves with the right people, and diversification in financial planning.

Corey and Zed discuss:

How Beethoven’s structured musical form can be related to financial efficiency and the importance of setting goals and having a plan
The significance of Beethoven’s gradual loss of hearing and how it can be related to overcoming challenges in financial planning
The importance of managing risk in various aspects of life
The importance of passion and hard work in achieving greatness
Financial lessons from National Lampoon’s Christmas Vacation, such as not depending too much on one source of income
The concept of classics and how it relates to judging success in financial planning
And more!

Resources:

“Stop Doing Dumb Things With Your Money” – by Corey Heimensen

Connect with Zed Heimensen:

LinkedIn: Zed Heimensen

Connect with Corey Heimensen:

About our guest:

Zed Heimensen, a graduate of Morningside University, began working at Heimensen Wealth Advisors in May 2022. Zed graduated with a bachelor’s degree in Finance while serving as the president of the university’s investment club. During his time at Morningside, Zed gained extensive knowledge of the finance industry through internships and high-level coursework.

Zed recognizes the importance of understanding each client’s life story and how their unique paths can impact their short- and long-term financial goals. As a financial advisor, Zed prepares individualized financial plans while fostering genuine client relationships. He holds Securities Registrations 7 and 66.

Outside of work, Zed enjoys golfing, reading, and spending time with his family and friends. Zed is also an avid sports fan, hoping to see the Vikings win a Super Bowl at some point in his life.

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The Top Client Questions and Conversations From the Last 90 Days (Ep. 39)

By The-WIN-Podcast | October 17, 2023

Navigating the world of wealth management and financial planning can often feel overwhelming, as there are numerous tax strategies, investment options, and estate planning considerations.

What are the latest worries of our clients?

In this episode, Corey Heimensen touches on some of the recent client conversations and the most common questions he is asked. Corey also talks about tax-free retirement accounts, trust benefits and more.

Corey discusses:

The misconception of special tax-free retirement accounts only available to the rich
What a trust is and its purpose as a planning tool
Investing in an era of high rates CDs
His opinion about listening to financial advice from famous personalities such as Dave Ramsey
The different factors to consider when deciding if buying land is a good investment
The importance of open communication between financial advisors and CPAs

Resources:

Connect with Corey Heimensen:

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6 Degrees of the Super Bowl (Ep. 21)

By The-WIN-Podcast | February 7, 2023

When we reach a certain age or stage in life, we start to think about leaving our belongings to our children or any other person who, according to us, deserves it.

But sometimes, this process is not always in a straight line and can entail many conditions that must be respected.

In this episode of The WIN Podcast, What’s Important Now, Corey Heimensen dives into the aspect of conditional giving and connects it to the Super Bowl in six steps. Additionally, Corey explains the implications of conditional giving for the parties involved and some examples.

Corey discusses:

The concept of conditional giving
Why your children must have a positive experience in investing so they can contribute to their long-term goals
How the course of giving or passing wealth to children varies depending on the parents
The effects of inheriting money at a young age without the proper wisdom
The process of passing collectibles
And more!