The 9Innings Podcast

The 9Innings Podcast

por Kevin Thompson, RICP®, CFP®

Episode 89: Where Have All the Black Players Gone? A Baseball Mystery!

In this episode of the "9innings Podcast," host Kevin Thompson, founder and CEO of 9i Capital Group, discusses the decline of African American players in Major League Baseball (MLB). He highlights a significant drop from 19% in 1995 to 7% in 2023. Kevin attributes this trend to several factors, including the lack of domestic academies in the U.S., insufficient representation and role models, economic barriers, competition from other sports, and socioeconomic challenges. He calls for increased investment in domestic academies and outreach programs to foster talent and ensure a more inclusive future for baseball. Statistics Overview (00:01:00) Lack of Domestic Academies (00:02:19) Personal Reflection on Role Models (00:03:38) Historical Context of Black Players (00:06:00) Economic and Social Factors (00:08:14) MLB Outreach Programs (00:09:18) Impact of Legislation (00:10:24) Current Efforts and Changes (00:11:28) Representation and Visibility (00:12:32) Recent Developments in Draft (00:13:44) Economic Considerations (00:14:36) Conclusion and Future Outlook (00:16:51) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

Episode 88: Unmasking Financial Influencers: Separating Fact from Fiction

Welcome to the 9Innings Podcast where we Educate, Empower and Engage. ON THIS WEEKS PODCAST: In this episode of the 9innings podcast, Kevin Thompson, founder and CEO of 9i Capital Group, delves into the rise of financial influencers and the importance of discerning credible advice from misinformation. He stresses verifying the credentials of online financial advisors through platforms like BrokerCheck and the SEC website. Thompson advises conducting background checks via social media and analyzing content quality to assess influencers' credibility. He warns against clickbait tactics and fake reviews, urging listeners to seek guidance from certified professionals and reputable organizations like the Financial Planning Association (FPA) and National Association of Insurance and Financial Advisors (NAIFA). Industry Registration (00:02:28) Background Check (00:07:08) Content Analysis (00:08:16) Engagement Quality (00:10:54) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

Episode 87: Small Business Owners Beware: The Potential Impact of the Tax Cuts and Jobs Act Expiration

In this episode of the 9innings Podcast, host Kevin Thompson, founder and CEO of 9iCapital Group, delves into the expiration of the Tax Cuts and Jobs Act (TCJA) and its ramifications for small business owners. Thompson outlines the key components of the TCJA, including tax rate reductions, the Section 179 deduction, the Qualified Business Income (QBI) deduction, corporate tax rates, and bonus depreciation. He emphasizes the importance of understanding these potential changes, which could take effect in 2026, and provides a detailed analysis to help small business owners navigate the impending tax landscape. Overview of the Tax Cuts and Jobs Act (00:02:26) Impact of TCJA expiration on small businesses (00:03:34) End of the qualified business income deduction (00:06:05) Potential changes in corporate tax rate and bonus depreciation (00:08:36) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

Episode 86: Protect Yourself-Social Media Tips to Save Your Job

In this episode of the 9Innings Podcast, host Kevin Thompson explores the intricate relationship between social media, freedom of speech, and professional consequences. He explains the difference between freedom of speech and freedom from consequence, highlighting the risks social media poses to employment. Kevin provides practical tips for safeguarding one's career, such as adjusting privacy settings, understanding company policies, and maintaining separate personal and professional accounts. He also discusses the broader societal implications, emphasizing the need for open dialogue on diversity of thought and the risks of expressing personal beliefs online. Freedom of Speech vs. Consequences (00:01:08 The Fine Line: What is Acceptable? (00:02:09) Practical Tips for Safeguarding Your Career (00:04:35) Groupthink and Personal Beliefs (00:07:33) Impact of Social Media on Careers (00:14:29) Follow Us: youtube: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA linekdin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ X: https://x.com/MLB2CFP facebook: https://www.facebook.com/MLB2CFP Website: http://www.9icapitalgroup.com Hit the subscribe button to get new content notifications. Corrections: Editing by http://SwoleNerdProductions.com

Epsiode 85: Why Kids Today Are Worse Off Than Their Parents..

In this episode of the 9 Innings Podcast, Kevin Thompson, founder and CEO of 9i Capital Group, discusses the housing market and the decision to rent or buy a home. He shares his personal experience of buying his first home in 2005 and compares it to the current market challenges faced by younger generations. Kevin highlights the financial burdens of higher home prices and interest rates today. He explores the benefits and trade-offs of homeownership versus renting, emphasizing stability, equity, and tax benefits of owning a home, while acknowledging the flexibility and reduced responsibilities of renting. Kevin encourages listeners to consider their individual preferences and priorities in making this decision. The housing market and interest rates (00:00:50) Comparing current and past housing costs (00:02:49) Renting vs. buying: flexibility and stability (00:06:24) Benefits of home ownership (00:08:44) Challenges of renting and the appeal of flexibility (00:12:16) Renting vs. buying: trade-offs (00:14:37) Follow Us On.. (youtube)- https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA (w)-https://www.9icapitalgroup.com/ (Linkedin)-https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ (Face)-https://www.facebook.com/MLB2CFP (gram)-https://www.instagram.com/mlb2cfp/ (Newsletter)-https://www.linkedin.com/newsletters/what-now%3F-7202006115335761924/

Epsiode 84: How The Pro's Use This Triple-Tax Advantaged Beast!

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, delves into the intricacies of Health Savings Accounts (HSAs). He discusses their benefits, such as tax advantages and long-term savings potential, and also highlights potential downsides, including high-deductible health plan requirements and the complexity of managing these accounts. The episode aims to provide listeners with a comprehensive understanding of HSAs to help them make informed decisions about their healthcare finances. Understanding HSA (00:00:50) Benefits of HSA (00:03:00) HSA as Retirement Tool (00:07:10) Potential Downsides of HSA (00:09:18)

Epsiode 83: "Unmasking the Secrets of Pig Butchering: A Deep Dive into Cryptocurrency Scams"

Kevin Thompson and special guest James McGlynn, 9i Capital Consultant, in this gripping episode of the 9innings podcast, where they explore the treacherous terrain of "pig butchering" scams. Discover the cunning tactics used to swindle individuals via fake relationships and elaborate cryptocurrency cons. Plus, gain valuable knowledge from Zeke Fuax's "Number Go Up," shedding light on the complexities of crypto fraud. Tune in to arm yourself with the necessary tools to identify and steer clear of these deceptive schemes. Don't miss out on this informative session aimed at safeguarding your finances! #Podcast #ScamAwareness #CryptocurrencyFraud #Educational #mlb2cfp The Investigation (00:01:53) Initial Contact and Scam Tactics (00:04:51) Victims' Situation and Scam Process (00:10:33) Prevention and Awareness (00:13:53) Final Thoughts and Book Recommendations (00:17:25) Check Out These Resources: (Blog)-https://www.9icapitalgroup.com/blog (yt)-https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA (L)-https://www.linkedin.com/company/9innings-capital-group-llc/?viewAsMember=true (X)-https://x.com/home?lang=en (F)-https://www.facebook.com/9iCapGroup (@)-https://www.threads.net/@mlb2cfp

Episode 82: Money, Misinformation, and Memes: Social Media Manipulation

In this podcast episode, host Kevin Thompson and guest Dr. Preston Cherry delve into the complexities of the financial planning industry. They discuss the influence of social media, distinguishing between the roles of financial coaching and advising, and the importance of ethical standards. The conversation also covers the challenges posed by misinformation online and the necessity for financial professionals to educate and guide clients effectively. Regulatory issues are explored, with emphasis on the need for clear definitions and protections for the term "financial planner." Finally, they consider the role of technology in enhancing client relationships while maintaining a personal touch in financial advising. Social Media Impacts (00:00:00) Financial Coaching Value (00:08:16) . Regulatory Clarity (00:12:31) . Technology in Financial Advising (00:17:21) Building trust and maintaining strong client relationships (00:22:47) The role of financial advisors and social media (00:27:03) Follow Us Below- (Y)- https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA (F)- https://www.facebook.com/MLB2CFP (X)-https://x.com/MLB2CFP (IG)-https://www.instagram.com/mlb2cfp/ (w)- https://www.9icapitalgroup.com/

Episode 81: The Millionaire Roth: A Myth or A Reality

In this episode of the 9Innings podcast, host Kevin Thompson, founder and CEO of 9i Capital Group, tackles the challenging topic of why most people won't amass $1 million in their Roth IRA. Thompson debunks common financial myths, particularly those spread by social media influencers, and explains the practical difficulties in reaching such a substantial retirement savings goal. He provides listeners with strategies for optimizing their Roth IRA contributions and highlights the importance of strategic financial planning and understanding the nuances of investment to realistically approach the $1 million milestone. The Roth IRA (00:01:01) Average Returns (00:01:56) Geometric Return (00:03:19) Millionaire Roth Calculation (00:04:40) Ideal Conditions for a Millionaire Roth (00:07:00) Strategies for a $1 Million Roth (00:10:14) Practical steps and strategies for maximizing contributions and converting traditional IRAs to achieve a $1 million Roth balance. Investment Opportunities (00:12:16) Addressing Misconceptions (00:13:36) Subscribe: https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA Website: https://www.9icapitalgroup.com/ Linkedin: https://www.linkedin.com/in/kevin-thompson-ricp%C2%AE-cfp%C2%AE-74964428/ Facebook: https://www.facebook.com/9iCapGroup/

Episode 80: Future Proofing Finance: "Breaking Barriers: Succession and Diversity in Finance"

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, and Tobias Salinger, chief correspondent at Financial Planning at Arizent, explore pressing issues in the financial industry. They discuss the importance of succession planning, the need to increase diversity and improve talent acquisition, and the challenges faced by newcomers. The conversation also covers the Leaders Forum event, which will address the evolving concept of financial advisor independence, and the impact of discrimination on career progression within the industry. Leaders Forum event (00:01:59) Succession planning challenges (00:05:12) Apprenticeship opportunities (00:11:14) Discrimination cases in the industry (00:15:45) Challenges in the Financial Industry (00:19:24) Mentorship and Career Development (00:22:40) Upcoming Live Discussion Event (00:26:49) Subscribe to our channels and follow: (w)-https://www.9icapitalgroup.com/ (y)-https://www.youtube.com/channel/UCw9yLfTDBAprrLWvmcT6fFA (f)-https://www.facebook.com/MLB2CFP (X)-https://twitter.com/9ICapGroup/status/1624034073361502212
12 de 20