Episode 1 - Forecasting for 2023

In this episode of The Money Experience, Kevin McGarry is speaking with Frank M. Betsch, the founding partner of Valley Financial Group. With over 42 years of financial planning experience, Frank has helped thousands of people retire.

The goal of this podcast is to uncomplicate money. The guys are looking at the predictions for 2023 and comparing them to historical data to come up with their own opinions on what the market has to offer in the upcoming year. This episode is wrapped up with advice on managing your finances.

To contact Kevin McGarry: kevin@valleyfinancial.com kevin@valleyfinancial.com

To schedule a free financial assessment, fill out the form below.

As of this writing, the National Football League has dwindled down to just two teams following the exciting conclusion of Championship Weekend, and (in case you’re unaware) the Birds are going to the Super Bowl LII!!! No big deal, right? Let’s send a few prayers out that this week’s game in Minneapolis will more closely resemble last Sunday’s blowout victory as opposed to the nail-biter that was the divisional match up with the Falcons. That being said, across the league its getting more and more difficult to attend playoff games, in particular the Super Bowl, because of the outlandish ticket prices. For example, standing room tickets, the cheapest available, to the Eagles last Sunday evening for the NFC Championship were a whopping $344. I’m expecting a surf and turf table for one at the 50 yard line for that kind of money, but that’s just the way of the world now.

Ticket prices to games have gone up since the inaugural Super Bowl in 1967. I know, shocker, but the price of entry may have gotten even higher than you realize. Sure, the $12 face value of a Super Bowl I ticket seems absurdly low, but even when adjusted for inflation that only amounts to an estimated $85.05 in 2018, which falls far, far short of the average price of a ticket to the 51st big game last year at $1,325, with prices set to rise even higher this year and every Super Bowl to follow. With the cheapest available prices approaching $1500, there’s plenty of necessities to be bought instead of splurging on a Super Bowl ticket, such as 15 Carson Wentz jerseys, or 180 cheese steaks from Steve’s Prince of Steaks for you Super Bowl Party. 

On a more serious note, watching Super Bowl LII on your couch could save you enough for utility or cell phone bills for a year, or even be a nice addition to your child’s education fund (accounting to The College Board of America the average college tuition cost per year is  34,740).  So does it make smart, financial sense to buy a ticket to Super Bowl LII in Minneapolis, Minnesota on February 4th at 6:30 PM? Of course not, but, then again, its the birds baby, and there’s just something special about this year, this town, and this underdog team and this financial team will understand this expense!  There have been many years of Waiting and The Philadelphia Financial Blog believes the wait is over! Bring it Home. 

 Fly Eagles Fly!  

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