310: Risk Mitigation using tax-deferred funds with Clay Ogden

Clay Ogden could easily be described as the ace of the Strategic Risk Alternatives Team, a risk management agency that strengthens businesses with an 831 (b) plan. In his role as National Business Development Manager, Clay does it all as he interacts with business owners and advisors to identify risk management strategies. As a former professional Golfer on the Nationwide, Web.com, Canadian and mini-tours, Clay nurtures many of his business relationships on the course and brings more than 12 years in risk mitigation to identify opportunities and consult with clients and representatives

*DISCLAIMER - We are not giving any financial advice. Please DYOR*

(00:00 - 04:01) Opening Segment

- Clay is introduced as the guest Host

- Clay shares something interesting about himself

(04:01 - 26:27) Risk Mitigation using tax-deferred funds

- Clay shares his Personal Investment

- Clay explains how tax defers dollar

- He also shares about the risk that is not covered by insurance

- Also he shares if 831B is similar to captive insurance

- Clay talked about who would be a great candidate for the 831B plan

- He also shares what would be the lowest cash flow someone should have in getting the policy

- Also Clay share how much taxes they'll be saving versus how much they'll be paying fees

- Clay shares how the 831B plan help during COVID

- He shares as well the limitation of the policy

(26:27 - 29:46) Fire Round

- Clay shares if she would change his investment strategy

- Clay also shares his favorite Finance, real estate book, or any related book

- Also Clay shares about the website and tools that he can recommend

- Clay's advice to beginner investors

- Also shared how he gives back

(29:46 - 30:26) Closing Segment

-If you want to learn more about the discussion, you can watch the podcast on Wealth Matter’s YouTube channel and you can reach out to Alpesh using this link.

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