As a 20-year-old, if you put $3.47 a day into a low-cost index fund and leave it alone to grow until you are 65, you could reach millionaire status.InTrack Portfolio Manager Tyler J. Gardner argues that if you can afford daily lattes, you make enough money to invest. It's a common misconception that investing is only for the wealthy. Tyler points out that many people are simply unaware of how little you have to contribute when you're younger to see phenomenal returns when you're older. ...
You may have heard the buzzword "longtermism" being used a lot lately, but what does it mean? It is defined as an ethical stance which gives priority to improving the long-term future.Myron R. Sopher, InTrack's Managing Partner, has returned from an enlightening trip to Alaska and is back behind the mic to tell us all about it! In this episode, Myron revisits the topic of climate change and how the effects are very present in the Alaskan environment. He gained a lot of knowledge and insight a...
Did you know the Po River, the longest river in Italy, is dropping by as much as 2.7 meters below the 0 gauge, and as a result, more than 100 towns in the region are rationing water?In this episode, Tom Parris, President of ISciences, joins us to discuss the connection between water scarcity and other aspects of climate change. ISciences is a work for hire consultancy that has been in business since 1997. They have four overlapping practice areas that all share a common theme of doing geospat...
The dollar value of funds being used in the decentralized finance space was less than a billion just two years ago. Now, it's over 200 billion.This is why Mike Taormina, Head of Institutional Business at the Index Cooperative, argues that everyone should educate and expose themselves to decentralized finance (DeFi). Tyler J. Gardner, InTrack's Portfolio Manager, asked his friend Mike to join him for this episode of The Optimistic Investor and share his expert opinion on the topic. They discus...
April 22, 2022, marks the 52nd anniversary of Earth Day!In celebration of this, InTrack's Managing Partner, Myron R. Sopher, and Partner & Portfolio Manager, Matthew D. Johnson, recorded this special episode of The Optimistic Investor. What's on their minds this Earth Day? For starters, how energy is generated, how it is stored, and what they think these processes will look like in the future. They also revisit the topic of green hydrogen. Click here if you'd like to take the quiz m...
Although we're often told that those over 55 don't have a very high risk tolerance, this is not always the case. In fact, Millennials are known to be the most risk averse generation because of all the market volatility they have already witnessed in their lifetimes. Of course, it's hard to speak on behalf of entire generations, but InTrack's Managing Partner, Myron R. Sopher, and Portfolio Manager, Tyler J. Gardner, spend this episode of The Optimistic Investor discussing some trends they've ...
During the first podcast of the year, Managing Partner Myron Sopher and Portfolio Manager Tyler J. Gardner discuss the unavoidable: taxes. They question how involved each individual needs to be in their own accounting, and when it's the right time to seek assistance from a financial professional. Overall, they agree that this is the perfect season for both reflecting on the past and preparing for the future. It's also crucial to talk about these topics with your family (something that's easie...
Did you know that over 60% of both Millennial and Gen Z consumers prefer to buy from sustainable brands? More and more studies are showing results suggesting that the younger generations are reflecting their values in their money decisions. In this episode of The Optimistic Investor, InTrack's Managing Partner Myron Sopher introduces the company's new Portfolio Manager, Tyler J. Gardner. The two financial professionals discuss the trends they've seen among young investors. Tyler's background ...
In this episode, Myron Sopher, Managing Partner at InTrack Investment Management, discusses how hydrogen can be used as an alternative energy source and why so many individuals and companies are focused on its bright future. For starters, green hydrogen produces about twice the amount of energy as petroleum. This has the ability to impact every facet of our lives and the state of the environment. For more optimistic news on how you can positively impact the world with your investments, visit ...
For better or worse, we're not talking about seaside snacks in this episode of The Optimistic Investor. Instead, Myron Sopher, Managing Partner at InTrack Investment Management, discusses how some trends we are seeing in bodies of water correlate with climate change. These topics include the Atlantic killifish evolving to survive up to 8 times the lethal dose of pollution, salmon dying before spawning due to chemicals from old tires being released into the water, and shipping on a global basi...
Did you know that 70% of financial plans never get followed through on? In this episode, we discuss why this is and what exactly is preventing people from reaching their goals. InTrack's certified money coach, Brett Peltzer, sheds light on how our past can create unhelpful behavioral patterns related to money and stop us from making the best decisions for our future financial wellbeing.
In this episode of The Optimistic Investor, Myron Sopher, Managing Partner at InTrack Investment Management, discusses why the investing world has turned its focus to sustainability, SRI, and ESG over the past few years. He also goes into his own personal interest in the topic, as well as how he helps InTrack's clients who are interested in reflecting their unique values in their own portfolios. Learn more about InTrack Investment Management by visiting their website.https://www.intrackinvest...
In this episode, Myron discusses trends he's noticed in the past year, such as more saving, less spending, and more discipline when investing. The pandemic has made many people reflect on what's most important to them. This is a great time to rebalance both your priorities and your portfolio. Currently, some of Myron's optimism is coming from the increasing popularity of socially responsible and impact investing. He reminds us that your financial gain and personal values do not have to be mut...
Did you make any financial resolutions when the ball dropped at midnight? In this episode of The Optimistic Investor, Myron encourages us to maintain that enthusiasm toward being involved in your personal finances throughout the entirety of 2021.
With the holidays FAST approaching, Myron Sopher, Managing Partner at InTrack Investment Management, lays out the financial tasks you should cross off your list before welcoming 2021 with open arms.
In our first episode of The Optimistic Investor, Myron Sopher, Managing Partner at InTrack Investment Management introduces himself and discusses how he can stay optimistic about investing and society in general even during the most trying times. We also discuss his passion for socially responsible investing, something InTrack often helps their clients with.Learn more about InTrack Investment Management by visiting their website.https://www.intrackinvest.com