About the author  ⁄ Ted Jenkin @ Your Smart Money Moves

Ted Jenkin @ Your Smart Money Moves


My friends and family all think I’m a workaholic, but I say I’m just a guy that loves to help people do better in life.

My mother is still the only one that calls me by my real name Theodore Michael, my wife calls me Teddy, but for the rest of you it is just plain old Ted.

Ever since I was a little kid, I always loved money and being an entrepreneur. In fact, I still have cassette tapes of me talking to my grandmother at the age of five and my mother tells me all the time how much I played with money as a kid...

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Ted Jenkin is a frequent guest columnist for the Wall Street Journal and Headline News Weekend Express. He is the co-CEO of oXYGen Financial. You can follow him on LinkedIn @ www.linkedin.com/in/theceoadvisor or on Twitter @tedjenkin.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor regarding your individual situation. 

Background and qualification information is available at FINRA's BrokerCheck website.

What To Do If You Win The Lottery

This past Tuesday, the Mega Millions jackpot became the third largest jackpot in the history of the game with the winning prize at $548,000,000.  The Powerball and Mega Millions combined was almost $1,000,000,000!  That is a jackpot which will permanently change lives, and it is the largest Mega Millions prize since 2013 when $648,000,000 was split between two winners in California and Georgia. Yes, Georgia!  The record jackpot happened in 2012 and was split between three winners.  Whether you win the lottery, get an inheritance, or receive a windfall, there are important steps you need to know to make sure you plan your finances correctly.  With the jackpot being so high, here are my tips what to do if you win the lottery. Make sure to sign your ticket– The last thing in the world you want to do is to lose or misplace the winning ticket. You should sign the back of the ticket and then make a couple ...

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How to Have a Proactive Retirement Plan

Ted Jenkin, ranked the #4 Financial Advisor in the U.S. by Investopedia, took some time to chat with us to discuss the importance of saving income, investing wisely and preparing for retirement. It’s no joke that America is not prepared for retirement. Emotional spending is rampant in our consumerist and social-media-driven culture, and sadly many seniors are relying on Social Security to get them through retirement. Many people are living longer in the 21st century with technology and healthcare advances and a meager savings is not enough income to sustain a happy day-to-day retirement lifestyle. Ted Jenkin, founder and CEO of oXYGen Financial, comments: “People are unequivocally not saving enough for their futures. They succumb to lifestyle inflation, which means – in theory – that their income expands. The problem is that expenses have a tendency to expand for more luxurious lifestyles as they make more money. One of the main culprits is social media, as there is peer pressure and images of luxurious vacations, gourmet dining, ...

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Enjoying the City for Cheap

As a millennial or individual who lives in the city of Atlanta (or right outside of it) I’m always looking for the next thing to do to enjoy my weekend. However, it always comes at a cost and those costs add up. I mean just think about what one date costs and multiply that by 10 and that’s what you wind up spending just in 1 month, and that’s on the low end. Though if you try to save money by hanging out at the house that can lead to the new disease that so much of us struggle with in this Instagram driven world which is FOMO. That leads to the age-old question of is there a way to cure this disease, while also ensuring that you protect your wallet? Now you may say there’s no possible way… but before you click off the article I can assure you there is a way and something you will probably want ...

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How To Protect Yourself From The Recent Facebook Breach

Facebook announced a data breach on Friday, Sept. 28, in which the personal information of 50 million user accounts was put at risk due to a vulnerability in the social network’s code. The attack potentially exposed personal information and gave hackers the ability to take control of users’ profiles. Since discovering the breach, Facebook has fixed the vulnerability and has informed law enforcement to investigate. Was My Facebook Account Affected? About 50 million Facebook users were affected by the code vulnerability, which gives hackers the ability to steal “access tokens” that allow users to stay logged into their accounts. (When you sign in to a site or app with your username and password, your browser or device typically receives a digital key known as an access token that lets you stay logged in without having to re-enter your credentials every time. That token does not actually store your password.) Fraudsters could use these access tokens to not only take over users’ ...

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How To Complain Effectively Using Social Media

We hear a lot of complaining today about social media.  It’s in our faces daily with political events, people posting too many pictures of their vacations, and stories that we probably better off not knowing before we saw the sixty second video.  As customer service continues to decline across service industries, there may be an angle on how to actually use social media to effectively complain and get what you want. There are those in life who seem to be able to negotiate better than others when making their complaints.  Perhaps they have the right timing.   Possibly it can be related to their instincts.  Or, could it be that they know how to create a well-oiled plan to get their desired outcome? Recently, I had an interaction with Chipotle that can demonstrate how simple it is to get what you want and do it in an effective manner. On September 9th, my family asked me to pick up dinner and ...

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What Insurance Moves Do I Make With Hurricane Florence?

With another major hurricane hitting the east cost over the past week, torrential downpour and flooding, and more than 1,000,000 without power, the questions will be coming soon on what to do insurance wise regarding hurricane Florence.  When any of our homes have floods, it can be difficult to know where to begin no matter what the size of your home.  However, make the wrong financial moves could penalize you severely and limit your ability to get back money that can help you get back on your feet.  Here are four insurance moves to make right now from hurricane Florence. Read Your Homeowner’s Policy – This sounds like such a simple thing, but I’m never surprised about what people learn when they finally read the insurance policy that they have bought and owned for years. You would think that hurricane Harvey and Irma that devastates several parts of the United States would have made people wiser, but it isn’t really ...

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Why This Tech Bubble Isn’t Like The Last Tech Bubble

It has been 18 years since the ‘dot-com’ bubble happened in 2000, and many people are wondering when Ctrl + Alt + Delete button might get clicked again in their portfolio.  As the NASDAQ gently clipped the 8,000 mark this past week, there have been many articles discussing that equities are ending their run especially in the arena of technology.   However, today’s technology run is far different than that of 20 years ago when the NASDAQ traded at triple-digit P/E ratios and anything with a dot-com after it and a pulse would have significant valuation in the marketplace. Here were the top 10 holdings back in 2000 in the NASDAQ Today, the top 10 holdings in NASDAQ include the following: Apple, Amazon, Microsoft, Google, Facebook, Cisco, Intel, Comcast, PepsiCo, and Netflix. So, why is this tech bubble so much different than the tech bubble from almost 20 years ago? Dividends – Companies have lots of choices on what to do ...

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Five Important Money Questions To Ask Your Parents

Almost ten years ago, I wrote an original article about important money questions to ask your parents.  As family units become more complex and brothers and sisters get stretched out across America, there are crucial money questions you want to ask your parents to make sure that their overall financial affairs are in order.   There is never a great time to have this conversation, but in light of the recent death of Aretha Franklin and her not having a will it could present the opportunity to open the door to these money questions. You might want to open this conversation by saying, “Mom (and/or) Dad, when the news came up about Aretha Franklin not having a will, it made me wonder whether you had all put a will together and some other questions started running through my mind.”  This is a great jar opener to the five important money questions. Do You Have A Will? The funny thing is that ...

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Five Reasons You Never Want To Borrow On Your 401(k)

Many millennials are stretching financially to buy homes, and the numbers are getting scary.  People in the younger generation are modeling behavior that is far riskier and more dangerous than they even realize for their future.  According to a new survey by the Bank of the West, approximately 1 in 3 millennials say they raided either their 401(k) or even worse liquidated part of their IRA to put a down payment on a home.  Even more millennials are tapping these retirement accounts to pay down their growing student and personal debt.  There is a reason these are called “retirement accounts”, and specifically there are five enormous reasons you never want to borrow on your 401(k). The Magic Of Compounding – In a recent story I did on CNN Headline News, I discussed the power of compounding. A 25-year-old who puts away $300 a month and hypothetically earns 8%, will have roughly 1 million dollars at the age of 65.  A ...

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