In this episode of The Capitalist Investor, Derek and Dave break down what smart philanthropy really looks like inside a long–term wealth plan. Giving isn’t just something you do at the end of the year. When you build giving into your plan with intention, it can lower taxes, support causes you believe in, and shape the legacy you want your family to carry on.

They walk through donor advised funds, qualified charitable distributions, the warm hands vs cold hands conversation, and the timing mistakes that cost families impact and control. If you’re nearing retirement or already in it, and you’ve ever wondered how giving fits into the big picture, this episode is a great place to start.

Derek and Dave take over this week and break down five retirement truths most people never hear from their advisor. They start with the difference between average returns and real returns, and why volatility matters more than the headline number on your statement. They unpack sequence-of-returns risk, explain how taxes quietly drain retirement savings, and walk through why a tax-diversified portfolio can make your money last much longer. Derek and Dave also hit inflation, over-lapping mutual funds, and the mindset shift every retiree needs to enjoy their next chapter. This is one of the clearest, most practical retirement conversations we’ve released all year.

Your brain can make or break your wealth. In this episode of The Capitalist Investor, Derek and Tony explore the battle between dopamine and discipline — why we chase quick wins, how emotional investing can sabotage your portfolio, and what it takes to build lasting wealth with patience and a plan. From meme stocks and NFTs to panic selling and loss aversion, they unpack the psychological traps that derail smart investors and how to train your brain to stay the course. Learn how to set goals, reward yourself the right way, and rewire your mindset for long-term success.

Keywords: investing, wealth, dopamine, discipline, financial planning, retirement, mindset, meme stocks, emotional investing, money habits