GDS Unplugged Podcast

Tax-Smart Giving with Donor Advised Funds

About This Episode 
In this episode of GDS Unplugged, Glen and Robert explore the often-overlooked strategy of tax-smart giving through Donor-Advised Funds (DAFs). They break down what a DAF is, how it works, and why it might be a smart move for charitably inclined individuals. Whether you're new to charitable giving or looking to optimize your tax strategy, this episode offers practical insights. 
 
Resources 
Ready to take your learning to the next step?   
Connect with Glen Smith and Robert Casey on LinkedIn.   
Check out our blog on Maximizing the Impact of Your Year-End Giving   
Subscribe to our YouTube channel.   
Contact GDS Wealth Management for a complimentary financial consultation.   
Submit your questions to Glen and Robert, GDS Unplugged mailbag by emailing gds@gdswealth.com.   
 
Why Listen? 
This episode is packed with actionable advice on how to use Donor-Advised Funds to enhance your charitable giving and reduce your tax burden. Glen and Robert make a compelling case for why DAFs are no longer just for the wealthy and how they can fit into a broader financial strategy for anyone who wants to give back. 
 
Disclosure:
GDS Wealth Management (“GDS”) is an investment adviser registered with the Securities and Exchange Commission (“SEC”). Registration does not imply a certain level of skill or training. This content is for informational and educational purposes only and does not constitute personalized investment advice, tax advice, legal advice, or a recommendation to buy or sell any securities. The views expressed by the hosts are their own as of the recording date and may not reflect the views of GDS. All investments involve risk, including possible loss of principal, and past performance is not indicative of future results. Discussions related to precious metals or other speculative investments are intended to be illustrative. GDS does not generally recommend speculative investments as core portfolio holdings due to their volatility, uncertain income generation, and limited historical performance relative to broad equity markets. References to specific securities, investments, or strategies are for illustrative purposes only and do not constitute an offer or solicitation, nor should they be considered a recommendation to invest in any specific security. Testimonials or endorsements from clients may not be representative of the experience of all clients and are not a guarantee of future performance or success. For additional details about our services, fees, and regulatory disclosures, please visit www.gdswealth.com. 

Timing Your Social Security

About This Episode 
Timing Social Security is one of the most important—and misunderstood—decisions in retirement planning. In this episode of GDS Unplugged, Glen and Robert unpack the math, myths, and mindset behind when to claim your benefits. From break-even ages to Medicare penalties and spousal strategies, this episode is packed with insights to help you make the most of your Social Security. 
Whether you're nearing retirement or just planning ahead, this episode will help you understand how to align your Social Security decisions with your financial goals. 
Resources 
Connect with Glen Smith and Robert Casey on LinkedIn. 
Contact GDS Wealth Management for a complimentary financial consultation.  
Submit your questions to Glen and Robert’s GDS Unplugged mailbag by emailing gds@gdswealth.com. 
Why Listen? 
This episode is packed with practical insights and real-life scenarios to help you make informed decisions about when and how to claim Social Security. Whether you're approaching retirement, still working, or planning for a spouse, Glen and Robert break down the math, the myths, and the must-knows. Tune in to gain clarity on break-even ages, Medicare implications, spousal benefits, and how to avoid costly mistakes. Don’t miss this opportunity to take control of your retirement strategy with confidence. 
 
Disclosures
GDS Wealth Management (“GDS”) is an SEC Registered Investment Adviser. Registration as an investment adviser does not imply a certain level of skill or training. The information presented in this podcast is intended for general informational purposes only and does not constitute investment, legal, tax, or other professional advice. Discussions in this episode about Social Security benefits, Cost-of-Living Adjustments (COLA), Medicare, and Income-Related Monthly Adjustment Amounts (IRMAA) are based on current laws, thresholds, and benefit formulas as of the recording date. These government programs are complex and subject to change. Any references to stock market performance, historical trends, or investment outcomes are provided for illustrative purposes only. Past performance does not guarantee future results. All investing involves risk, including the potential loss of principal. The views and opinions reflect the authors as of the publication date and are subject to change without notice. This podcast does not guarantee any specific financial outcome or result from the implementation of any strategies discussed. For more information about GDS Wealth Management, including a description of services, fees, and important disclosures, please visit https://www.gdswealth.com. 

Not All Money Managers are the Same

About This Episode 
In this episode of GDS Unplugged, Glen and Robert dive deep into the often-confused worlds of investment management and wealth management. They unpack the differences, the responsibilities, and the real-life implications of choosing one over the other. From licensing requirements to financial planning software, this episode is ideal for anyone serious about their financial future. 
 
Resources 
Ready to take your learning to the next step?   
Connect with Glen Smith and Robert Casey on LinkedIn.   
Check out our podcast on The Truth About Adviser Fees.   
Subscribe to our YouTube channel.   
Contact GDS Wealth Management for a complimentary financial consultation.   
Submit your questions to Glen and Robert, GDS Unplugged mailbag by emailing gds@gdswealth.com.   
  
 
Why Listen? 
This episode is packed with practical insights and real-life scenarios to help you distinguish between investment and wealth management. Whether you're just starting your financial journey or planning for retirement, Glen and Robert provide the clarity you need to make confident, informed decisions. 
 
Disclosures:
GDS Wealth Management (“GDS”) is an SEC Registered Investment Adviser. Registration as an investment adviser does not imply a certain level of skill or training. The information presented in this podcast is intended for informational purposes only and does not constitute investment, legal, tax, or other professional advice.  Any references to financial planning, wealth management, investment management, or advisor credentials such as “fiduciary” or “fee-only” are general in nature and may not reflect the qualifications or services of all financial professionals. Examples and scenarios shared in this podcast are hypothetical, intended for illustrative purposes only, and do not guarantee future results. Past performance is not indicative of future outcomes. All investing involves risk, including the potential loss of principal. No strategy can ensure success or protect against losses in all market environments. The views and opinions reflect the authors as of the publication date and are subject to change without notice. This podcast may reference third-party tools, custodians, technology platforms, or financial planning software. Such references are not endorsements and should be independently evaluated. For more information about GDS Wealth Management, including a detailed description of our services, fees, and important disclosures, please visit https://www.gdswealth.com. 

Volatility = Opportunity?

About This Episode
Market volatility can rattle even the most seasoned investors. In this episode of GDS Unplugged, Glen and Robert break down how to stay calm, stay smart, and stay invested when the market gets choppy. From historical context to diversification strategies and real-life examples, this episode is your guide to navigating uncertainty with confidence.
 
Whether you're a long-term investor or just getting started, Glen and Robert offer practical insights to help you manage risk and make informed decisions—no matter what the market throws your way.
 
Resources
Ready to take your next step?
Connect with⁠ Glen Smith⁠ and⁠ Robert Casey⁠ on LinkedIn.
Contact GDS Wealth Management for a⁠ complimentary financial consultation⁠.  
Submit your questions to Glen and Robert’s GDS Unplugged mailbag by emailing ⁠gds@gdswealth.com.⁠ 
 
Why Listen?
This episode is packed with practical advice and real-life examples to help you navigate market volatility with confidence. Glen and Robert break down the myths, the math, and the mindset behind smart investing. Whether you're weathering a downturn or planning your next move, this episode will help you stay grounded and focused on your long-term goals.
 
Disclosure:  
GDS Wealth Management (“GDS”) is an SEC Registered Investment Adviser. Registration as an investment adviser does not imply a certain level of skill or training. The information presented in this podcast is intended for general informational purposes only and does not constitute investment, legal, tax, or other professional advice. Any references to market performance, economic conditions, financial planning concepts, or historical returns are intended for illustrative purposes only and do not represent actual client accounts. Any commentary related to portfolio strategies, fiduciary responsibilities, or financial advisor selection is general in nature. Listeners should carefully consider their own financial situation, objectives, and risk tolerance before making any investment decisions or selecting a financial professional. Past performance does not guarantee future results. All investing involves risk, including the potential loss of principal. The views and opinions reflect the authors as of the publication date and are subject to change without notice. This podcast does not guarantee any specific financial outcome or result from the implementation of any strategies discussed. For more information about GDS Wealth Management, including a description of services, fees, and important disclosures, please visit ⁠https://www.gdswealth.com⁠.

The Truth About Adviser Fees

About This Episode  
Fee-only vs. fee-based financial advisers is a crucial topic for anyone looking to make informed decisions about their financial future. Understanding the distinct differences between the two types of advisers can help you choose the right professional to manage your investments and support your financial goals. 
 In this episode of GDS Unplugged, Glen and Robert dive deep into the distinctions of fee-only and fee-based advisers, what the major differences are, issues and red flags to look out for, and how to determine what is best for you. 
 Whether you’re a financial expert or just starting your investment journey, you’ll find valuable insights that can help you make sense of your present and plan for your future. 
 
Resources: 
Ready to take your learning to the next step? 
Connect with Glen Smith and Robert Casey on LinkedIn.   
Learn more from GDS about Fee Only vs. Fee Based Advisers.  
Subscribe to our YouTube channel.   
Contact GDS Wealth Management for a complimentary financial consultation.   
Submit your questions to Glen and Robert’s GDS Unplugged mailbag by emailing gds@gdswealth.com.   
 
Why Listen? 
This episode is packed with valuable information and practical advice for anyone considering the differences between fee-only and fee-based financial advisers. Tune in to gain a deeper understanding of these two types of advisers and how they can impact your financial future. Don't miss out on this opportunity to enhance your knowledge and take control of your financial planning. 
 
Disclosure:
GDS Wealth Management (“GDS”) is an SEC registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. The information presented in this podcast is intended for general informational purposes only and does not constitute investment, legal, or tax advice, or as a recommendation to buy or sell any financial product. Any references to specific investment strategies, financial products, or institutions are not intended as an endorsement or recommendation. The views and opinions reflect the authors as of the publication date and are subject to change without notice. Past performance of any investment strategy is not indicative of future results. All investments involve risk, including the potential loss of principal. This podcast does not guarantee any specific financial outcome or result from the implementation of any strategies discussed. For more information about GDS Wealth Management, including a description of services, fees, and important disclosures, please visit https://www.gdswealth.com. 

What You Should Know About Estate Planning Before It’s Too Late

About This Episode 
Estate planning isn’t just for the wealthy. It’s for anyone who wants to protect what they’ve built and ensure their loved ones are cared for. In this insightful episode of GDS Unplugged, Glen and Robert break down the essentials of estate planning. They explore why it matters, how it works, and what you need to do to make sure your legacy is preserved—before it’s too late. 
 
Read More ➡️ https://www.gdswealth.com/podcast/podcast-episodes/what-you-should-know-about-estate-planning-before-its-too-late-ep-3
 
Resources  
Ready to take your learning to the next step?  
Connect with Glen Smith and Robert Casey on LinkedIn.  
Learn how GDS supports estate planning as part of your financial plan. 
Subscribe to our YouTube channel.  
Contact GDS Wealth Management for a complimentary financial consultation.  
Submit your questions to Glen and Robert’s GDS Unplugged mailbag by emailing gds@gdswealth.com.  
 
Why Listen?  
This episode is packed with valuable information and practical advice for anyone considering estate planning. Tune in to gain a deeper understanding of estate planning and how it can benefit your financial future. Don't miss out on this opportunity to enhance your knowledge and take control of your wealth management. 
 
Disclosure: 
GDS Wealth Management (“GDS”) is an SEC-registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. The information presented in this podcast is intended for general informational purposes only and does not constitute investment, legal, tax, or other professional advice. Topics discussed, including estate planning, probate, irrevocable trusts, and distribution standards such as HEMS (Health, Education, Maintenance, and Support), are inherently complex and may not be applicable to all listeners. GDS does not provide legal or tax advice. Listeners are strongly encouraged to consult with an attorney or tax professional regarding their specific legal and tax considerations. Any references to specific investment strategies, financial products, or institutions are not intended as an endorsement or recommendation. The views and opinions reflect the authors as of the publication date and are subject to change without notice. Past performance of any investment strategy is not indicative of future results. All investments involve risk, including the potential loss of principal. This podcast does not guarantee any specific financial outcome or result from the implementation of any strategies discussed. For more information about GDS Wealth Management, including a description of services, fees, and important disclosures, please visit https://www.gdswealth.com. 
 

Why You Shouldn't Panic When the Market Drops

About This Episode  
Market volatility can be a daunting experience for any investor, but understanding how to navigate these turbulent times is crucial for long-term financial success. If you've ever felt the urge to panic during a market drop, you're not alone.  
 
In this episode of GDS Unplugged, Glen and Robert delve into the intricacies of market volatility, breaking down why it happens, how to manage your emotions, and the strategies you can employ to protect and grow your investments.  
  
The Basics: What is Market Volatility?  
Market volatility refers to the ups and downs in security prices. These fluctuations can be caused by various factors such as economic events, political instability, or changes in market sentiment. While it can be unsettling, it's important to remember that volatility is a normal part of investing.  
  
Managing Your Emotions During Market Volatility  
It’s important to stay calm and avoid emotional decisions during market downturns. Many investors find that consistent, incremental gains—like hitting singles and doubles in baseball—can contribute meaningfully to long-term goals, rather than always aiming for big wins or "grand slams.” When you swing for the fences, you’re more likely to strike out. But small wins really add up. Remember, it's crucial to mitigate losses during bad years and stick to your investment goals.  
  
Common Mistakes to Avoid  
A major mistake individual investors make is moving to cash or conservative investments after significant losses. It’s valuable to understand your risk tolerance and maintain a diversified portfolio. Diversification helps in managing risk and ensuring a balanced approach.  
  
The Role of Diversification  
Diversification is essential for managing risk. Concentrated investments, like putting a large portion of money in a single stock, can be risky. Sure, you could win big, but you could also lose everything — and if a single stock plummets and you’ve put all your eggs in that basket, you could be in a terrible position. Diversification helps in mitigating losses and ensuring a balanced approach. A diversified portfolio can help you weather market volatility and recover during market upswings. 
  
Financial Planning and Market Volatility  
Financial planning is crucial for understanding and managing risk. It can be compared to a doctor performing an MRI before surgery—the need for a clear plan of action is essential. A well-thought-out financial plan allows you to make informed decisions and avoid emotional reactions during market downturns.  
  
Resources  
Ready to take your learning to the next step?  
Connect with Glen Smith and Robert Casey on LinkedIn.  
Check out our blog on Navigating the Bonds Market.  
Subscribe to our YouTube channel.  
Contact GDS Wealth Management for a complimentary financial consultation.  
Submit your questions to Glen and Robert, GDS Unplugged mailbag by emailing gds@gdswealth.com.  
  
Why Listen?  
This episode is packed with valuable information and practical advice for anyone navigating market volatility. Tune in to gain a deeper understanding of market fluctuations and how to manage your investments during these times. Don't miss out on this opportunity to enhance your knowledge and take control of your financial future.  
  
GDS Wealth Management (“GDS”) is an SEC-registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. GDS does not provide tax or legal advice. You should contact your tax advisor, accountant, and/or attorney before making any decisions with tax or legal implications. This podcast is provided for informational purposes only and should not be construed as investment, tax, legal, or financial planning advice. The content is based on assumptions, theories, and principles that may not fully reflect an individual’s situation.  
Views and opinions reflect the judgment of the authors as of the publication date and are subject to change without notice. Investing involves risk, including the potential loss of principal. Past performance is not indicative of future results. The S&P 500 is an unmanaged index of 500 large-cap U.S. stocks and cannot be invested in directly. Tax loss harvesting strategies involve complexities and should be evaluated carefully with the help of a tax or financial advisor. There is no guarantee that any investment strategy, including tax strategies or asset allocations, will be successful. Any forward-looking statements or forecasts are based on assumptions and current market conditions and are subject to change without notice. Actual results may differ materially. 
For additional information about GDS, including its services and fees, material risks, and firm’s disclosures, please visit https://www.gdswealth.com.

What are Roth Conversions and When Do They Make Sense?

About This Episode: 
 
Roth conversions can be a useful strategy for optimizing your retirement savings and tax strategy, but they come with their own set of complexities. If you've ever wondered whether a Roth conversion is right for you, you're not alone.  
 
In this episode of GDS Unplugged, we dive deep into the intricacies of Roth conversions, breaking down what they are, why they matter, and how to determine if they're the right move for your financial future.  
 
Whether you’re a financial whiz or an investing novice, you’ll find insights that can help you make sense of your present and plan for your future. 
 
Disclosure:
GDS Wealth Management (“GDS”) is an SEC-registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. GDS does not provide tax or legal advice. You should contact your tax advisor, accountant, and/or attorney before making any decisions with tax or legal implications. This webinar contains general information that is not suitable for everyone and was prepared for informational purposes only. This webinar does not endorse any specific investment products, 401(k) plan providers, 529 plans, or financial institutions. The content is based on assumptions, theories, and principles that may not fully reflect an individual’s situation. Opinions and views reflect the judgment of the authors as of the publication date and are subject to change without notice. Past performance of any investment strategy or retirement plan features is not indicative of future results. Investments and retirement plan contributions may fluctuate, and there are risks associated with all retirement plan investments, including 401(k) plans and 529 plans. This webinar does not guarantee any specific financial outcome or return from participation in any retirement plan. Any discussion of taxes or tax advantages is based on current laws, which are subject to change. Listeners should verify the latest rules and limits for the current tax year.
For additional information about GDS, including its services and fees, material risks and firm’s disclosures, please visit https://www.gdswealth.com/disclosures.

GDS Unplugged Sneak Peek

Welcome to GDS Unplugged 
Launching officially on April 9th, GDS Unplugged is your go-to biweekly podcast for quick and insightful financial planning takeaways. Hosted by financial experts Glen Smith and Robert Casey, each short episode is designed to provide you with practical advice and strategies to help you navigate the complex world of personal finance. 
Available on YouTube, Apple Music, and Spotify, GDS Unplugged covers a wide range of topics, including: 
Roth conversions: Understanding the benefits and potential tax implications for your retirement savings. 
Market volatility: Why you shouldn't panic when the market drops and how to stay the course. 
Estate planning: What you need to know before it's too late to ensure your assets are protected. 
Advisor fees: Understanding the difference between fee-only and fee-based advisors and why it matters for your financial future. 
Whether you're nearing retirement, planning for your future, or simply looking to optimize your financial strategy, GDS Unplugged offers insights and actionable tips to help you make informed decisions. Join Glen and Robert as they share their expertise, answer listener questions, and provide real-life examples to guide you on your financial journey. 
Tune in to GDS Unplugged and take control of your financial future with confidence. Don't miss out on this opportunity to enhance your knowledge and achieve your financial goals. 
 
GDS Wealth Management (“GDS”) is an SEC-registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. GDS does not provide tax or legal advice. You should contact your tax advisor, accountant, and/or attorney before making any decisions with tax or legal implications. The information provided in this podcast is for informational purposes only and may not be suitable for all individuals. For additional information about GDS, including its services and fees, send for the firm’s disclosure brochure using the contact information contained herein or visit adviserinfo.sec.gov. To read a full list of material risks, please visit www.gdswealth.com/disclosures.