What does TV get right… and wrong… about financial planning?

In this episode of The Money Alchemist Podcast, Ben and Brent break down popular wealth strategies featured in Beef (Season 2) and separate what’s realistic from what’s not.

They walk through concepts like buy, borrow, die, 1031 exchanges, and the use of entities, explaining how these strategies actually work in real life and where they’re often misunderstood.

They also discuss the ethical and practical considerations behind some of the scenarios portrayed, and what viewers should take away when thinking about their own financial plan.

What’s happening in 10 minutes

• S&P 500 back to positive territory after recent volatility • Market rebound driven by institutional flows and retail participation • International markets still leading year-to-date • CPI rising to 3.3% — highest in two years • Earnings growth accelerating across the S&P 500 • Shifting dynamics between the MAG 7 and the broader market

Topic Du Jour

Netflix Season 2 Beef Wealth Strategies Explained

• Buy, Borrow, Die — legit, but anyone can use • 1031 Transfers — legit, but anyone can use • Embezzlement & the ethics of JTTEN account with elderly parent • Shell companies — legit, works in real life and in the show • Healthcare for HCEs but not rank and file — not compliant with ACA

Tip of the Week

Smartwool socks — buy them at Sierra Trading Post: https://www.sierra.com/all/s~smartwool/?page=1&overrideSort=TopSellersScore

Strategies Covered

• Buy, Borrow, Die • 1031 Exchanges • Use of entities and shell companies • Ethical considerations in financial decision-making • Healthcare access differences and regulatory realities

About Your Hosts

Ben Jones, CFP® Managing Director, National Wealth Management Group www.nwmgadvisors.com Sign up for Ben’s newsletter: www.karatstick.com Follow him on X @thekaratstick https://www.linkedin.com/in/ben-nwmg/

Brent Gargano, CFP® Founder & Advisor, Infinite Wealth Planning www.infinitewealthplanning.com www.nwmgadvisors.com or contact us directly.

To connect with Ben Jones or Brent Gargano directly, email: comments@themoneyalchemistshow.com