The Higher Standard Chris Naghibi & Saied Omar

Do I need a corporation? Do I need an LLC? What the hell is an "S" corporation and a "C" corporation? We have been asked this question so many times that it became obvious we needed to provide some insight in to what you need to know and do before you build a business. Chris, Saied and Haroon are here to help you get your business started with the right foundation in episode 226 of The Higher Standard.
➡️ Inflation also came in super hot and layoffs are happening in the market with some of the largest companies in business today. We also have an extra sexy dose of pop culture coming your way with commentary on Coachella, Caitlin Clark, Joe Rogan, Max Holloway, UFC and more.
💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?
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🔗 Resources:
Inflation comes in hotter than expected in March (Yahoo! Finance)
Where inflation is… and isn’t (Yahoo! Finance via Instagram)
Powell Dials Back Expectations on Rate Cuts (Wall Street Journal)
Credit card delinquency rates are still on the rise (Yahoo! Finance via Instagram)
Apple will lay off over 600 employees in California (CNET via Instagram)
Tesla plans to lay off more than 10% of workforce as sales slump (CBS News via Instagram)
⚠️ Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.

In a jam packed episode of The Higher Standard podcast, Chris, Saied and Haroon cover everything you need to know before you buy a property. They then jump over the the importance of financial literacy in schools before the hit the hardcore data segment. A big recession indicator is flashing red, total credit card debt is up while the saving rate is plummeting and the boy have concerns of the looming inflation print. They think we won't see a probably of a rate cut until likely July at the earliest.
➡️ Episode 225 is also the beginning of testing a third show segment where Haroon hits us with some popular culture topics to discuss. Some will be finance related, some will not be, but for those of you who wanted to hear more about our thoughts and a more intimate look at who we are. We got you.
💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?
🏆 Sponsored By Transcend Company:
TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you.
✔️ Click the link and start today: http://www.transcendcompany.com/THSP
🔗 Resources:
Value of a financial education: why more schools are providing financial literacy classes (CNBC via Instagram)
The US economy is flashing a recession warning that has only been wrong once in the last century, top economist says (Kobeissi Letter via X)
Total credit card debt vs. savings rate (Kobeissi Letter via X)
Oregon Player comes forward as $1.3 billion powerball lottery winner, officials say (USA Today)
Lara Croft is the ‘most iconic’ video game character, new polls finds (NBC News)
‘House of the Dragon’ Drops ‘Dueling’ Season 2 Trailers as HBO Makes Viewers Choose Between Rhaenyra and Alicent (Variety) 
The UConn men's basketball team has won back-to-back NCAA championships (Variety) 
Bad Boys: Ride or Die (Screen Rant)
⚠️ Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show,

Years after reading an article on CNBC titled "There are 4 main paths to becoming a millionaire—and this is the easiest one, says money expert" Chris still feels like the salient points are still very much relevant to this day. Chris, Saied and Haroon kick off the show with Rich Corley's 4 paths to becoming a millionaire from his book titled "Rich Habits."
➡️ Episode 224 then pivots to a breakdown of Jerome Powell's love for Neel Kashkari, some fresh perspective on the FOMC's thoughts and methodology on what may happen next and an 800,000 payroll mistake.
💥 Have you left your "honest ⭐️⭐️⭐️⭐️⭐️" review?
🏆 Sponsored By Transcend Company:
TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you.
✔️ Click the link and start today: http://www.transcendcompany.com/THSP
🔗 Resources:
There are 4 main paths to becoming a millionaire—and this is the easiest one, says money expert (CNBC)
Remarks from Chair Jerome H. Powell at the Macroeconomics and Monetary Policy Conference (Federal Reserve Bank of San Francisco)
We now have…Higher for longer back? (Kobeissi Letter via X)
The Fed’s preferred inflation measure rises to 2.5% (Kobeissi Letter via X)
Philadelphia Fed Admits US Payrolls Overstated By At Least 800,000 (Zero Hedge)
Corporate Profits reach new highs & profit margins hover at historic highs (Yahoo! Finance)
⚠️ Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.

Friends, please make sure your financial seat backs and tray tables are in their full upright position because we are about to tell you why you need a trust. Make sure your economic seat belt is securely fastened and all carry-on luggage is stowed underneath the seat in front of you like Diddy sneaking through customs or in the overhead bins like his drug mule.
➡️ We are going to dive in to the last Fed meeting, the impact to the rate environment and talk to you about how it impacts you in the near future. Then, even though home prices rose 2.4 times faster than inflation since 1960s, new home prices are now down 20% and THS is here to tell you why.
Sponsored By Transcend Company:
TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP
Resources:
Top takeaways from Jerome Powell’s FOMC press conference (Yahoo! Finance via Instagram)
The FED Reserve posts record loss of $114 billion in 2023 (Yahoo! Finance via Instagram)
A rush of money has hit US corporate bond markets in 2024 (Mohamed El-Erian via LinkedIn)
Average rate for U.S. savings accounts (Chart of the Day via Instagram)
Home prices rose 2.4 times faster than inflation since 1960s (CNBC via Instagram)
New home prices are now down 20% (Kobeissi Letter via X)
Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.

After many repeated requests, Chris shares his own basic investment strategy that took his personal growth portfolio from $0 to over $1,000,000 with as little oversight as possible. He provides you the names of the low cost index funds he uses, the allocation to each and then explains how he has built his portfolio from there. This is not investment advice; however, it is what he did to create his wealth in the markets and is still what he does today. This strategy will work for the novice investor and for most experts; however, your own risk profile will determine if it is the best strategy for you. The Higher Standard boys, missing Haroon, then turn to the landmark lawsuit settlement by the National Association of Realtors and its potential impacts to the housing market. They dive in to the stock market's wild levels lead by the Magnificent 7 and then cap off the episode with a quick look at the rental housing market with a new found economist.
Sponsored By Transcend Company:
TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP
Resources:
What to Know about the New Rules for Buying and Selling Homes (Wall Street Journal)
Real Estate Stocks Slide Following Landmark Realtor Settlement (Yahoo! Finance)
U.S. Home Values Are Growing Faster Than National Debt (Investopedia via X)
Stock concentration is now at Great Depression levels (The Kobeissi Letter via X)
Rental Housing Economist (Jay Parsons via LinkedIn)
Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.

Chris, Saied and the spirit of Haroon are back at it and still playing with an updated beta version of the format for "The Higher Standard" podcast. We are trying to hit you right in the face before the intro, before the shenanigans with useful financial literacy. We are still going to get in to current events and our take, but we want to make sure that each and every single one of you find value within each episode. So, please let us know what you think. We start off today's show with the #1 one killer of wealth. Auto debt can be way more deadly to your financial prosperity than you know. In breaking this all down, Chris and Saied share their mistakes along the way. Then they hop on over to a detailed breakdown on why the jobs report is broken and why the numbers you are hearing do not match the reality of the world around you.
Sponsored By Transcend Company:
TRANSCEND your goals! With a telehealth physician directed personalized treatment plan you can get a PERSONALIZED PLAN for Peptide Therapy, Hormone Replacement Therapy, Cognitive Function, Sleep & Fatigue, Athletic Performance and MORE. Their online process and medical experts make it simple to find out what’s right for you. Click the link and start today: http://www.transcendcompany.com/THSP
Resources:
February jobs report: US economy adds 275,000 jobs, unemployment rate hits 3.9% (Yahoo! Finance)
Inside The Most Ridiculous Jobs Report In History: Record 1.2 Million Immigrant Jobs Added In One Month (Zero Hedge)
Employment numbers actually fell (The Kobeisissi Letter via X)
Disclaimer: Please note that the content shared on this show is solely for entertainment purposes and should not be considered legal or investment advice or attributed to any company. The views and opinions expressed are personal and not reflective of any entity. We do not guarantee the accuracy or completeness of the information provided, and listeners are urged to seek professional advice before making any legal or financial decisions. By listening to The Higher Standard podcast you agree to these terms, and the show, its hosts and employees are not liable for any consequences arising from your use of the content.