Dear Plenty Community,

Today, we’re launching Plenty’s podcast: Love & Other Assets. The show where we bring in experts like Adam Nash, Dan Ariely, financial therapists, divorce lawyers, and many more. Tune in here for our first episode interviewing Adam Nash, CEO of Daffy and former CEO of Wealthfront. He shares why he backed Plenty and the money talks to have with your partner.

In the news last week, the Biden administration announced new federal mileage requirements for cars to avg. 29 miles per gallon today to 38 mpg by 2031. This is one of a string of legislation to encourage electric car adoption including a nearly $2B investment into electric conversion of auto plants and a $7,500 tax credit meant to support both domestic car manufacturers and to increase EV affordability for consumers.

As more manufacturers are producing electric cars, Tesla (a covid stock darling) is seeing their share of electric car sales drop from 80% in 2020 down to 55% in 2023. They’re still selling more cars, but now there are more players in the game. Their stock price has been hit from a high of $407 in 2021 to today’s price of $177. Eyes are on Tesla this week as shareholders go to vote on the largest pay package in history: a $56B package for Elon Musk. In February, Tesla’s board had previously approved the package and a Delaware court shockingly reversed the decision and set it to a shareholder vote.

The Federal Reserve also announced that interest rates will not change despite improvements in inflation, suggesting they don’t want to celebrate too soon and lower interest rates prematurely. This pushes out expectations to see interest rates decrease later this year, meaning higher debt payments and more interest from money in savings accounts.

Cheers,

Emily

Love & Other Assets… a podcast from Plenty

Today, we’re launching Plenty’s podcast: Love & Other Assets. The show where we bring in experts like Adam Nash, Dan Ariely, and many more.

We know that helping couples grow in love and money takes more than just great financial products: it also takes conversations. And there’s no better way to normalize the conversations than by having them (or listening in!).

I still remember listening to the radio growing up. We listened in the car - with light rock and pop that we’d occasionally sing along to; and once a week, I’d try to call in for the 8am sweepstakes. My favorite show though, was their advice show: hearing about all sorts of questions that people had and helping us normalize the questions and humanity behind them. I hope this show can do the same.

Our new AskEmily column

Welcome to our new advice column. If you’ve enjoyed this, let us know (and feel free to write to [email protected] with a question).

Today’s column is from a 32 year old female who makes $150k and owns a home. They’d like to move in with their partner (33 year old male) who also owns his own home and are looking for guidance on how to think about the financial piece of moving in. Are there capital gains concerns? Which house makes more sense?

Plenty is a wealth platform helping modern couples invest and plan for their future together. We bring the investment strategies and products of the wealthy to the everyday household. For more information, visit withplenty.com. If you ever have any feedback or questions, please do reach out to us at [email protected].

At Plenty, no financial topic is off-limits for modern couples. We offer straight talk and judgment-free guidance to help modern couples navigate the tricky and important intersection of money and relationships. Join thousands of couples who’ve signed up for our free newsletter today.

Plenty Financial RIA, LLC is an SEC-Registered Investment Advisor. All investments made are legally owned by you. Investing is inherently risky and Plenty does not guarantee positive performance. Investments are held in accounts at BNY Mellon | Pershings, the world’s largest securities servicing company and are SIPC insured. Investing involves risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time. Please see Plenty Financial’s general disclosures. Brokerage services are provided by Atomic Brokerage LLC "Atomic Brokerage", member FINRA and SIPC. Clearing and custody services are provided by Brokerage firm BNY Mellon Pershing, member SIPC. Plenty Financial RIA, LLC has a relationship with Atomic Brokerage to manage and execute investments on behalf of customers. Subadvisory services are offered through Atomic Invest LLC ("Atomic Invest"), an SEC-registered investment advisor, member SIPC. Atomic Invest was formerly known as Helium Advisors LLC. Registration as an investment adviser does not imply a particular level of skill or training.