SpaceX is set to begin trading this Friday. OpenAI formally kicked off its IPO process this week. Anthropic filed its S-1 just days ago. The summer of 2026 may be the most consequential IPO season in a generation — and it's happening right now.

In this episode, Brian Seay breaks down what every investor should know before buying a share in any of these three companies.

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📌 WHAT WE COVER

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▶ How IPOs actually work — including why most retail investors never get shares at the price they see in the headlines

▶ SpaceX: $1.77 trillion valuation, $4.9 billion net loss — is it worth it? (We do the math)

▶ OpenAI: $20B in revenue, projecting $74B in losses by 2028 — what does the path to profitability look like?

▶ Anthropic: The enterprise AI bet with the clearest path to cash flow

▶ What history teaches us — from Amazon's "Amazon.bomb" years to Meta's catastrophic IPO day

▶ The five questions every investor should answer before putting money to work

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🔗 RESOURCES & LINKS

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📄 Read the full article: https://www.thecapitalstewards.com/learn/spacex-openai-and-anthropic-are-going-publicheres-what-every-investor-should-know-before-buying-a-share

📅 Schedule a conversation: thecapitalstewards.com

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📬 STAY CONNECTED

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Subscribe for regular updates on investing, retirement planning, and wealth management — built around the principle that good stewardship means being intentional with every financial decision.

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⚠️ DISCLOSURE

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This video is for educational purposes only and does not constitute investment advice or a solicitation to buy or sell any security. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Please consult your financial advisor before making any investment decisions.

You've spent years building something meaningful. The real question is: who's going to carry it forward? In Part 2 of our multigenerational wealth series, Capital Stewards founder Brian Seay tackles the two questions that keep wealth-building families up at night — how do you raise children who are prepared to steward what you've built, and how do you actually transfer it without leaving hundreds of thousands of dollars on the table? This episode goes deep on both the human side and the technical side of generational wealth transfer. In this episode:

• Why the families who "spoil" their kids are the ones who never talked about money
• What the research actually says about the next generation's attitude toward family wealth
• Three ways to actively engage your kids in real financial decisions — starting earlier than you think
• Why charitable giving is one of the most powerful antidotes to entitlement
• When (and how) to open the books with your heirs
• 529 plans as a wealth transfer tool — including the new Roth IRA rollover rules
• Annual exclusion gifting: why consistency turns a modest strategy into a million-dollar transfer
• The step-up in cost basis explained — and why it could save your family hundreds of thousands in taxes
• Donor Advised Funds: how to give like a family foundation without running one
• Why multigenerational families should invest like an endowment, not like a retiree

📖 Read the full blog series at thecapitalstewards.com

📅 Ready to have a real conversation about your family's financial future? Schedule a call at thecapitalstewards.com

Capital Stewards is a fiduciary wealth management firm serving families in Huntsville, Alabama and across Alabama, Georgia, and Tennessee. This content is for educational purposes only and does not constitute investment, tax, or legal advice.

Most people spend their entire careers optimizing for income. The families building generational wealth are doing something fundamentally different.

Part 1 of our series on multigenerational wealth breaks down the six foundational principles behind building wealth that actually lasts — not the version you see on social media, but the version that quietly plays out over decades in real families.

In this episode:

- Why high income rarely becomes generational wealth — and what to do instead

- Building the Wedge: the savings mindset shift that changes everything

- How Warren Buffett uses debt strategically (and what families can learn from it)

- Business vs. real estate: which asset to target first, and why you might buy rather than start

- When to concentrate your risk — and when to start diversifying

- The role of patience in wealth building (and why the timeline is longer than you think)

📖 Read the full blog series at thecapitalstewards.com

📅 Ready to talk about your family's wealth journey? Schedule a conversation at thecapitalstewards.com

Capital Stewards is a fiduciary wealth management firm serving families in Huntsville, Alabama and across Alabama, Georgia, and Tennessee.

This content is for educational purposes only and does not constitute investment, tax, or legal advice.

Timestamps

00:00 — Intro: Private Jets & Social Media

01:08 — What multigenerational wealth actually means

03:52 — Principle 1: Assets over income

05:22 — Principle 2: Building the Wedge

08:14 — Principle 3: Debt as a strategic tool

10:32 — Principle 4: Businesses and real estate

15:14 — Principle 5: Diversifying over time

15:22 — Principle 6: The role of patience

16:36 — Series recap + tease for Part 2

In this episode, we break down the complex economic landscape of Q2 2026, navigating the aftermath of the conflict in Iran and the resulting impact on global markets. While a recent ceasefire has brought some stability, investors are left with critical questions regarding oil prices, the "Mag Seven" tech stocks, and a labor market that may be showing signs of fatigue.We explore whether the recent uptick in economic data is a sustainable recovery or a "data mirage" driven by inventory rebuilding and backlogs. Whether you are a long-term investor or looking for specific insights into gold, bonds, or international markets, this comprehensive guide provides the data-driven perspective you need to stay anchored in an uncertain environment.

📊 Want to see the data? This episode features numerous charts detailing GDP, ISM surveys, and asset performance. Consider watching the full video to follow along with the visual analysis

00:00 – Intro & What's Ahead

02:16 — Market Recap: S&P 500, International Stocks, Bonds & Gold

03:18 — Long-Term Returns: Why History Favors Patient Investors

05:29 — U.S. Economic Update: GDP, ISM Manufacturing & Services Data

07:39 — The K-Shaped Economy: Consumer Spending, Wages & Savings

09:29 — Labor Market: Job Creation, Wage Growth & Warning Signs

12:05 — Iran War & Ceasefire: Oil Prices, Strait of Hormuz & What's Next

14:29 — Inflation Outlook: PCE, Tariffs, Housing & Services

15:50 — Stock Market Outlook: Why Global Diversification Still Matters

17:28 — Diversification & Income Outlook : Gold, Bonds & Fixed Income

19:21 — Private Credit: Risks & Reality Check

20:47 — Real Estate Opportunities in 2026

21:35 — Practical Steps for Investors Right Now

🔗 Learn more about Capital Stewards:

Website: https://www.thecapitalstewards.com

Start a Conversation: https://www.thecapitalstewards.com/startconversation

Capital Stewards is a fee-only fiduciary financial advisory firm based in Huntsville, Alabama, helping clients with retirement planning, investment management and tax strategies.

This content is for general information and educational purposes only and should not be construed as specific investment, tax, or legal advice. Past performance is no assurance of future results.

Is healthcare your retirement "blind spot"?

In 2026, the landscape of retirement healthcare has fundamentally changed. With Medicare Part B premiums crossing $200 for the first time and new legislative shifts from the One Big Beautiful Bill Act (OBBBA), failing to plan is planning to overpay.

In this episode of the Capital Stewards Podcast, we break down the exact strategies you need to protect your portfolio from rising medical costs and "stealth taxes".

💡 What You’ll Learn:

- The 24-Month Window

- The ACA "Cost Cliff"

- The Federal Government Employee & Military Strategy

- Long-Term Care Realities

- Income Engineering

About Capital Stewards: We are a fee-only fiduciary advisor based in Huntsville, AL, dedicated to helping families navigate complex financial transitions with transparency and expertise.

Have Questions? Start a Conversation with Us Here: https://www.thecapitalstewards.com/startconversation #retirementplanning

#Medicare2026 #HealthcareCosts #FinancialAdvisorHuntsville #CapitalStewards #TRICARE #FEHB #LongTermCare

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

The Super Bowl is over, which means it’s officially tax season on the Capital Stewards Podcast. In this annual tax guide episode, we move beyond the "annual hunt for deductions" to discuss how you can create significant tax reduction over the long term. With the passage of the OBBBA last summer, the tax landscape has changed for 2025 filings and 2026 planning. Whether you are a business owner, a high-earner, or planning for retirement, this episode covers the strategic moves that actually "move the needle".

🕒 Key Chapters in This Episode:

0:00 – Unofficial Super Bowl Ad "O-Meter" (Anthropic, Budweiser, & more)

3:15 – The "Deduction Hunt" is Dead: The Power of Long-Term Planning

5:30 – New 2025 Standard Deductions & the Enhanced Senior Deduction

8:45 – The OBBBA "Big Three": No Tax on Tips, Overtime, and Car Loan Interest

12:10 – SALT Cap Changes & HSA "Trifecta" Benefits

15:40 – Retirement Account Strategies: ROTH vs. Traditional

18:20 – Trump Accounts for Children: What You Need to Know

21:05 – Local Tax Updates: Alabama, Georgia, and Tennessee

💡 What You’ll Learn:

The "Big Three" OBBBA Deductions: How to qualify for tax-free tips and overtime pay, and how to write off interest on U.S.-assembled vehicles.

Enhanced Senior Benefits: How to unlock up to $12,000 in extra deductions if you are over 65.

Strategic HSAs: Why 2026 is the year to start using your HSA for concierge or subscription-based primary care.

Real Estate & Business: Utilizing 100% bonus depreciation and the permanent QBI deduction to lower your effective rate.

Taxes are a long-term game. Don’t just file your return—structure your life and business for maximum efficiency.

Connect with Capital Stewards: If you have questions about integrating your tax planning with your investment portfolio, reach out to us today:

https://www.thecapitalstewards.com/startconversation

#TaxPlanning #OBBBA #2026Taxes #FinancialPlanning #CapitalStewards #RetirementPlanning #taxdeductions

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

This episode of the Capital Stewards Podcast challenges everything you thought you knew about a balanced portfolio. Many investors believe they are diversified simply because they own multiple funds, but in reality, they are just "collectors" of the same underlying risks.

As the "easy" era of zero-interest rates ends, we explore why the old playbook of just buying stocks and bonds is no longer a guaranteed shield. We dive into the math of systematic risk and duration, explaining why high-flying AI tech stocks and long-term bonds can often be the exact same bet. In This Episode, You’ll Learn:

The Collector’s Myth: Why owning five different tech-heavy funds actually equals one giant bet on U.S. large-cap growth.

Systematic vs. Company-Specific Risk: Why you can’t diversify away a market crash by simply buying more of the same stocks.

The New Reality: How inflation and rising interest rates cause stocks and bonds to fall at the same time.

Real Diversification Strategies: How to incorporate low-correlation assets like gold, commodities, and international markets to build resilience.

The Return of Bond Income: Why shortening your duration and focusing on yield is the key to a modern fixed-income strategy.

Stop counting line items and start measuring correlation. If everything in your portfolio turns red on the same day, you aren't diversified—you’re leveraged. Join us as we discuss how to build a portfolio that zags when the market zigs.

Connect with Us: If you have questions about your specific portfolio or want to discuss how these strategies apply to your situation, please reach out anytime.

https://www.thecapitalstewards.com/startconversation

#Investing #PortfolioManagement #Diversification #StockMarket #Bonds #Gold #AI #FinancialPlanning

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.

Are we currently in a stock market bubble? In the 2026 Outlook from Capital Stewards, Brian Seay explores the "K-shaped" dichotomy of the current economy: a booming AI sector contrasted with a cooling labor market and stagnating "Main Street" growth.

We break down the data on inflation, the impact of 2025 tariffs, and whether the Fed's expected rate cuts will be enough to spur a rebound. Whether you are a Huntsville tech professional or planning for retirement, this episode provides the data-driven roadmap you need for your 2026 investment strategy.

Key Topics Covered:

The 2025 Market Recap: Why Gold (+60%) and International Stocks (+30%) outpaced the U.S Stock market.

AI "Bubble Watch": Analyzing the actual cash flows of Nvidia, Microsoft, and Google.

The Labor Market: Why unemployment is rising despite low layoffs.

Inflation & Tariffs: What to expect for your Social Security COLA and real income.

Asset Allocation: Why diversification into Bonds, Real Estate, and Gold is critical in 2026.

0:00 - Introduction: The Big Questions for 2026

2:05 - 2025 Performance Review: Stocks, Gold, and Bonds

3:00 - The Power of Sticking to the Long-Term Plan

5:03 - The AI Boom vs. Main Street: The K-Shaped Economy

7:05 - Labor Market Deep Dive: Why Unemployment is Rising

13:05 - Inflation, Tariffs, and Your Social Security COLA

18:20 - Bubble Watch: Is it 1999 All Over Again?

23:14 - Global Opportunities: Emerging Markets & AI

25:03 - Gold: The Strategic Hedge for 2026

27:24 - Fixed Income: Earning the Coupon in a New Era

31:42 - Real Estate Outlook: Residential vs. Industrial

35:02 - Summary: How to Build a Resilient 2026 Portfolio

Start A Conversation with Us: https://www.thecapitalstewards.com/startconversation

Any commentary is provided for general information and educational purposes only and should not be construed as specific investment, tax or legal advice. Instead, readers should make an independent assessment of the information and determine if any content mentioned is appropriate for their personal situation. Past performance of market results is no assurance of future performance. This information has been obtained from sources deemed reliable but is not guaranteed.