5 Burst results for "Chris Payne"

"chris payne" Discussed on Inside Supercars

Inside Supercars

07:54 min | 2 months ago

"chris payne" Discussed on Inside Supercars

"Corvette. Payne explained that they are not looking to provide support to a single factory team in 2023. I wouldn't designate it factory support, but we have a level of support with all of the same situations that the Camaro silhouette under the gen three ruleset. So we have commercial arrangements with all of those teams or 16s for 23. That will represent the brand under Chevrolet racing. We have a very close launch of course with Triple H because of their homologation status with supercars. And I sponsorship arrangement that we have with Triple H for HD docker. Forward have decided that they will take a much wider look at supporting motor sport in Australia as the Mustang is their motor sport vehicle. I think most of you are where we do run our motor sports program globally trying to share people resources, learning across all the different racing series and when we reentered in terms of technical engineering support with the series with Australia supercars with a current Mustang, we did all that work here and it's obviously a big workload or time for us to be traveling from North America to support the series. I love being there. My team is love being there. It's just hard to support. And when as we were doing this work for the gen three car, with the new Mustang, part of what we approved was getting some local support. Again, because of the importance of the series to us, the importance of the market and we were able to get approval for some headcount there. So burned in McKinney skin through I actually first met, I think, Brendan, it was 2018 at Shanghai when we were racing the 14th. And it was very clear his passion for motor sports experience and motor sports. And planted the seed then that if we ever needed anybody in the region that he should be somebody that we should consider. And this was the right opportunity. So we were able to get approval for Brendan to the a 100% dedicated to our motor sports activities. And with more support there as well. So just some cappuccino is super manager there that has access to other resources and can help manage Brendan locally and when an extra support is needed can be brought in. So it's a great setup for us. I think to be able to leverage better what we do, more globally and in the Australian market. And a lot more efficient way of supporting all of the supercars races, not just a handful through the year. So we're really excited about that opportunity. And certainly we would be able to use Brendan and Justin as we're racing Mustang GT fours or selling and supporting Mustang GT fours and Mustang GT threes. In the market and we hope to sell a lot of them there, but we would also work with outside partners to put the proper support in place in terms of having parts and technical support because it's important to have their local in each market to properly support customers. Been nightingale, Ford Australia product communications and motor sport manager expands on the company's plans. So in terms of Australian motor sport for Ford from 2023 beyond with the gen three program, we have obviously 5 teams next year with the addition of more control and ready united. And so we're taking a very holistic view in terms of what factory support means and we're looking to support every single one of our teams as best as we possibly can. So Brandon will be at the racetrack at supercars events working with our teams wherever they need support as much as we possibly can, I'm moving into I'm not moving roles, but I part of my role now is managing our motor sport program here in Australia from a marketing and commercial point of view. So I'll be working closely obviously with Mark with Justin with Brendan to make sure that our teams have as much support as they possibly can to be as successful as they possibly can. Justin's the head of our local Ford performance engineering team. So special vehicle engineering team. So Justin led the ranger raptor program locally previously worked on the aspect Mustang program and the falcon sprint program and Brandon's role will be Mark mentioned headcount, so the head camp that's in Ford terms is Brandon sits in our product development engineering team here in Australia, but he's role is specifically related to Ford performance and motor sport. That is Brendan's role now. He's working with supercars throughout the gen three development process as we're going to vcat and then he's working with our teams as well. I'm not sure Brandon, if we have an official title for you, but I suppose Ford performance motor sport arm engineer liaison for one of a better term would be how I would term it. And this would be more than just supercars. It would reach into the GT divisions as well. We haven't gone through any of those discussions yet because obviously we just revealed GT3 yesterday. But yeah, if we head down that path and there's local interest in running that vehicle then I'd expect it would fall under our purview. Chris Payne explained how the USA is helping the development of the kamaru gen three. Yeah, absolutely. There's an incredible level of support from their GM motor sport division. And that goes to the design of the vehicle first and foremost. We're I would say that 95 plus percent of the shape, the appearance, the silhouette of the Camaro mirrors that of the road car. And that is controlled managed entirely by the GM design group in North America. The other side, of course, is the powertrain where Jim Campbell and the team there in the racing group have supported us with the development of the LTI bespoke engine for the car for 23 and beyond. And that encouragement continues in the future. So GM and Australia with the Chevrolet racing program is considered part of our international racing effort alongside that of NASCAR alongside that of their efforts in IndyCar and so forth. So we're recognized part of that GM effort, if you like. One of the issues facing supercars is that while a number of team owners and others have camaros in the garage, they are not a product that is being supported in Australia. Quite a few people have Camaro road cars in Corbett's that are walking short or no longer Marlborough. They were some years ago. Their program ceased a couple of years ago now. So there is no Kamara road carriage, such but there are many people who have them locked away in their garage. But right now we're focused on the Silverado road road truck and the Corvette sports car, of course, which is being delivered to customers now. And that's our product program. And this is where Ford selling and racing the Mustang sees its best opportunity to show the relevance of supercars. The way that the rules are written were some of the bodies are the exact some parts of the body are the exact shape shared between the road car and the race car and then there are some areas of freedom or limited freedom, especially around the lower section of the car that allows us to have that direct relevance and also have the design studio involved with the arrow team so that in those areas of freedom while we're optimizing for aerodynamics, we're also making sure that we have

Brendan Australia Ford Justin Brandon Ford Australia product communi Camaro Payne silhouette North America Chevrolet McKinney GM Shanghai Chris Payne Mark Jim Campbell USA NASCAR
"chris payne" Discussed on 77WABC Radio

77WABC Radio

02:14 min | 1 year ago

"chris payne" Discussed on 77WABC Radio

"We have my brother Chris Payne and Bob three pains in a pod at pain points of well, so check it out. But the one thing we've talked about over and over is the government's printing so much money and what that means for you as an investor and trying to build a retirement plan. All right. One of my favorite shows when you were growing up with Wall Street week, and there was an analyst that came out with a great expression. I've lived by it ever since it's called. Don't fight the Fed. That means you know when the Federal Reserve is increasing rates or decreasing rates, you know you want to invest accordingly. I got a new term for you Don't fight Congress, huh? Yeah. I mean, literally. They're looking to print another $1.9 Trillion Bob Trillion with a T on top of a $2 trillion we had last year and then another 900 billion last year, and the list goes on. I mean, what's gonna happen? With imprinting so much money. And what does that mean? I'll tell you what you're gonna have inflation and inflation pushes asset classes. Certain asset classes hire one of which is interest rates. Interest rates go up. It's like that tea toddler in and the playground that seesaw right If it goes on and goes up, the other end goes down. So if interest rates go up, your bond prices go down. And I'll tell you who's going to suffer the most anyone. I mean anyone right now that owns a horrible bond fund and we think of bonds is something safe in our portfolio is a balanced right against. If the market goes down, you have a safe haven your portfolio, But the problem is Bob in this part of goes back to when you were managing money back in the 19 eighties. Is when inflation goes up, and we haven't seen a lot of inflation last decade, interest rates go up, and conversely, your bond prices go down, and that's why it's more critical than ever it understand what kind of bonds you own in your portfolio, and you probably don't That's so critical, right? We're not talking about Don't own bond. You're talking about own the individual bond. Make sure you understand who the issue is. You know, when you were a kid, I said, right? Whatever you do, don't let me be your buddies. Because if you do, you're not going to get any interest and you're not going to get paid back in the two reasons you make alone you invested a bond which are loans is you wanna make interest on your money? And.

Chris Payne Bob Federal Reserve Congress $2 trillion $1.9 Trillion last year 900 billion Fed One two reasons 19 eighties Bob Trillion one last decade three pains Wall Street
"chris payne" Discussed on 77WABC Radio

77WABC Radio

04:25 min | 2 years ago

"chris payne" Discussed on 77WABC Radio

"Each week. We dissect a real financial plan and uncover the floors or we call pain points. Our listeners can avoid the same mistakes that they're planning investing. And Chris. You worked with a woman recently. Why do you break down how you helped her Get on her path, the financial independence, So right. We always talk about diversification in our portfolio, and I really think that's like an overused term in our industry. But seldom do we really explain What diversification is, and I think that the general consensus is having your money and a lot of different places. You know, I think that's the first thing. But you know, the second part of the two is also having diversification in your returns. So I think most of you out there perceive your returns. As what you're getting from the growth of the market, right? You buy something for $5 you sell it for 10. Your growth is $5. But the truth is, is that over time, your return should come from two places to growth in the market. It also interesting dividends. And that's the case here. Not only did this person lack diversification in their portfolio, but most of their return was really only coming from one place right in just a question here, Chris why did they decided this point? Cause it looks like the very aggressive portfolio. What was the catalyst to say? Hey, I need to sit down for a financial planner and really figure out what I'm doing with my money. Well, you know what, right to use the nautical analogy because, as you all know, I'm an avid sailor if they were essentially lost it, see They don't know where they stood. They didn't know where they were in terms of do I have enough savings, You know, is this enough to get me through retirement? You know, Am I making the right decisions now? Because this is a couple that's in their early fifties, so You know, it's become more more and more critical for them to really figure that out Chris former some of the gaps in their strategy, and they're planning some of the things that they missed that we're probably obvious to you. Well, the majority the money was in was in there for one case, and they were invested in over a million dollars in a 41 K and they're investing a target fund. Which I think it's fine. You know when you have, you know, 30 $40,000, But you know when you're talking about millions of dollars, the problem is just like any other index. It starts to get more heavily weighted with the things that have done well, so What that came down to us that they had mostly money concentrated one area of the market. And like most of you out there, that's large cap growth stocks. That's right, because you hear the old saying just on the S and P 500, you're gonna be fine. Just on that s and P 500, you know, you'll be able to get to retirement. But the truth is, it's just one place to put your money, And sometimes it does do great. Other times. It does pretty lousy. You can't afford for all your money at one point to be doing lousy during retirement because you need to draw from that portfolio. It sounds like you're walking a tightrope here. Chris. Looks like you know, you have to basically have two goals, right? You want to accumulate wealth? Then you also wanna maintain that wealth. Right? So if you want to create wealth, you concentrate. If you want to maintain your wealth, you spread it around. And you diversify? Is that what I hear you saying? Yeah, exactly. Then they really do like your type rope analogy because I think a lot of people do walk that tightrope in terms of the amount of risk that they take. It's like You could get across the river. But do you want to take the tight rope, which may get you there faster, but much more risky, or you want to take the beautiful bridge that's been engineered for hundreds of years. That's a lot safer and more of a sure thing. Yes, I always saw you as a bridge builder. But any it comes down to Chris. You and I had talked to actually a client of ours recently. It's like a lot that you can afford for the market to go up and up and up. You can afford to go up 100% on your portfolio, and that's great. But I bet it doesn't change your lifestyle. You probably have a certain lifestyle that you want to keep. But you're not looking to change it on the other side of the equation, though, if you were to lose 50 60% of your portfolio that could have a negative impact on the lifestyle that you enjoy. Right now. It's just the risk reward of taking the right amount of risk in your portfolio. But not more, even if the gains could be better, because if you lose that money You're out of luck and just to go back to analogy used earlier today by the famous Warren Buffet where, he said, You know, it's really when the tide goes out that you get to see who's swimming naked and when it comes to your portfolio, you really don't want to be swimming naked because the bottom line is you don't have to. If you're thinking to yourself right now, like I don't wanna swim naked. I don't know what risk I'm taking in my portfolio. I need to build a portfolio that's based on my goals for retirement because I want to keep my lifestyle intact for our time and Well, here's your shot to do it. We literally have two slots left. If you have over $500,000 safe retirement myself. Bob and Chris Payne will run for You are now famous Total financial master plan and we'll do that with no obligation or cost..

Chris Payne Warren Buffet Bob
"chris payne" Discussed on 77WABC Radio

77WABC Radio

04:25 min | 2 years ago

"chris payne" Discussed on 77WABC Radio

"Each week. We dissect a real financial plan and uncover the floors or we call pain points. Our listeners can avoid the same mistakes that they're planning investing. And Chris. You worked with a woman recently. Why do you break down how you helped her get on her path to financial independence. So right. We always talk about diversification in our portfolio, and I really think that's like an overused term in our industry. But seldom do we really explain What diversification is, and I think that the general consensus is having your money and a lot of different places. You know, I think that's the first thing. But you know, the second part of the two is also having diversification in your returns. So I think most of you out there perceive your returns. As what you're getting from the growth of the market, right? You buy something for $5 you sell it for 10. Your growth is $5. But the truth is, is that over time, your return should come from two places the growth in the market. It also interesting dividends. And that's the case here. Not only did this person lack diversification in their portfolio, but most of their return was really only coming from one place right in just a question here, Chris why did they decided this point? Cause it looks like the very aggressive portfolio. What was the catalyst to say? Hey, I need to sit down for a financial planner and really figure out what I'm doing with my money. Well, you know what, right to use the nautical analogy because, as you all know, I'm an avid sailor if they were essentially lost it, see They don't know where they stood. They didn't know where they were in terms of do I have enough savings, You know, is this enough to get me through retirement? You know, Am I making the right decisions now? Because this is a couple that's in the early fifties. So You know, it's become more more and more critical for them to really figure that out Chris former some of the gaps in their strategy, and you're planning some of the things that they missed that we're probably obvious to you. Well, the majority the money was in was in there for one case, and they were invested in over a million dollars in a 41 K and they're investing a target fund. Which I think it's fine. You know when you have, you know, 30 $40,000, But you know when you're talking about millions of dollars, the problem is just like any other index. It starts to get more heavily weighted with the things that have done well, so What that came down to is that they had most their money concentrated one area of the market. And like most of you out there, that's large cap growth stocks. That's right, because you hear the old saying just on the S and P 500, you're gonna be fine. Just on that s and P 500, you know, you'll be able to get to retirement. But the truth is, it's just one place to put your money, And sometimes it does do great. Other times. It does pretty lousy. You can't afford for all your money at one point to be doing lousy during retirement because you need to draw from that portfolio. It sounds like you're walking a tightrope here. Chris. Looks like you know, you have to basically have two goals, right? You want to accumulate wealth? Then you also wanna maintain that wealth. Right? So if you want to create wealth, you concentrate. If you want to maintain your wealth, you spread it around And you diversify Is that what I hear is saying, Yeah, exactly that. I really do like your type rope analogy because I think a lot of people do walk that tightrope in terms of the amount of risk that they take. It's like You could get across the river. But do you want to take the tight rope, which may get you there faster, but much more risky, or you want to take the beautiful bridge that's been engineered for hundreds of years. That's a lot safer and more of a sure thing. Yes, I always saw you as a bridge builder. But any it comes down to Chris. You and I had talked to actually a client of ours recently. It's like a lot that you can afford for the market to go up and up and up. You can afford to go up 100% on your portfolio, and that's great. But I bet it doesn't change your lifestyle. You probably have a certain lifestyle that you want to keep. But you're not looking to change it on the other side of the equation, though, if you were to lose 50 60% of your portfolio that can have a negative impact on the lifestyle that you enjoy. Right now. It's just the risk reward of taking the right amount of risk in your portfolio. But not more, even if the gains could be better, because if you lose that money You're out of luck and just to go back to analogy used earlier today by the famous Warren Buffet where, he said, You know, it's really when the tide goes out that you get to see who's swimming naked and when it comes to your portfolio, you really don't want to be swimming naked because the bottom line is you don't have to. If you're thinking to yourself right now, like I don't wanna swim naked. I don't know what risk I'm taking in my portfolio. I need to build a portfolio that's based on my goals for retirement because I want to keep my lifestyle intact for our time and Well, here's your shot to do it. We literally have two slots left. If you have over $500,000 safe retirement myself. Bob and Chris Payne will run for You are now famous Total financial master plan and we'll do that with no obligation or cost..

Chris Payne Warren Buffet Bob
"chris payne" Discussed on 77WABC Radio

77WABC Radio

01:36 min | 2 years ago

"chris payne" Discussed on 77WABC Radio

"And investing. That's why we put together our latest guide. We give you five ways to save on taxes and 2021 by ways to start the year. Right with your portfolio. Put more money in your pocket. You can download it for free, simply texture. Email address 284475 to 6692. That's 84475 to 6692 we give you five ways to save on taxes. Money saved on taxes is just as great as any money can make invested These air five strategies we use it are firm. Jean Capital Management that you can use and you can download it for free, simply texture. Email address 284475 to 6692. That's texture. Email address 284475 to 6692. And now we have a very special guest on the show. My colleague. My brother Bob Son, Mr. Chris Payne, Financial Advisor Pain Capital Management End one of the co host of our new show, podcast, Pain, Points of wealth. That was a mouthful Chris or Italian. The show this morning, brother. Right? It Z always great to be here. And, you know, I always just think how lucky you and dad are to happen me on the show everything I'd rather be lucky than good. Chris on do you can check out our new podcast? It's great. It's Father just like this. I'm obviously the funniest one. But if you're gonna be pushed calm be bush dot com. You can check out our podcast like 30 minutes shows. We dive in July. The information we do on the radio here, but I think it's a really good show. I think you really like it. Check it out of be bullish dot com and Chris This is our spotlight segment Every single week..