A Wealth of Common Sense

JANUARY 19, 2023

A reader asks: Is it crazy to be 100% in stocks from age 32 to sometime in my 50s for my retirement accounts? And another reader asks a similar question: I don’t get why people work a 30+ year career while investing in stocks only to glide path into a heavier bond allocation around retirement. Why not just stay 100% in stocks, benefit from share price appreciation and collect dividends for life?

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The Big Picture

JANUARY 2, 2023

Merry Christmas, Happy New Year, and all the rest of the seasonal glad tidings for you and yours in 2023. Before we roll up our sleeves and start to engage in the serious business of managing risk in the capital markets, I wanted to share a story that is more in keeping with the spirits of the season. I ran track in high school. My father’s advice when I joined the team was: Find the fastest guy on the team and keep up with him.

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Startups Law Firms Legal Banks 137

The Reformed Broker

JANUARY 21, 2023

Hung with my friends Haley Sacks (Mrs. Dow Jones), Pat McAuliffe (Barstool Sports) and Gabe Walker (PRE.VEYOR) at the Knicks game this week. That’s after doing Closing Bell from the NYSE and then a quick slice at Joe’s Pizza (“Famous Since 1975). A very New York night, really reminded me of what I love so much about this town, despite its flaws and annoyances.

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A VC: Musings of a VC in NYC

JANUARY 23, 2023

I wrote last week that I have started coding again. And I have been amazed at how much easier it is now that I can code and deploy in the cloud without having to spin up anything myself. But the other massive improvement in programming is the “AI assist.” I am working in a Javascript library called jQuery and I don’t really understand its commands and syntax very well.

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Investment Writing

JANUARY 3, 2023

Automated tools can improve your financial writing. Proofreading. Some of my favorite tools are Speak, PerfectIt, and Grammarly, as I’ve discussed in “ My three main software tools for proofreading.” They help me with proofreading. I’ve gone into more detail on one of these tools in “ How I use Grammarly to improve my writing.”. If your organization uses Associated Press style, you may like AP StyleGuard, which I discuss in “ AP StyleGuard: the answer to your proofreading prayers?

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Investing 111

Tobias Financial

JANUARY 25, 2023

We are excited to welcome Alexander Bailey to our team. He serves as our Financial Planning Associate and is currently working toward earning his CERTIFIED FINANCIAL PLANNER professional certification. He is passionate about learning the intricacies of financial planning and learning how to apply that knowledge in our clients’ financial plans to help guide them on their financial journeys.

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The Big Picture

JANUARY 3, 2023

Welcome to 2023! Let’s jump into the new year with some fresh observations, some of which are quite surprising: • Astronomical Measures of Time Are Unrelated to Investing : 2023 – a new year! It is natural to hope the flipping of the calendar brings something new and different. But why? It takes the Earth 365 days, 6 hours, 9 minutes, and 9.76 seconds to complete one orbit – to return to its exact same place in space relative to our star, the sun.

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Portfolios Returns Capital Investing 129

The Reformed Broker

JANUARY 25, 2023

I had a bit of a flashback last night to the year 2000, sitting in my office after hours watching JDS Uniphase collapse on the heels of its conference call after reporting “better than expected” earnings for the quarter. Throughout 2000, techs and telecoms were still making a ton of profit, but it was becoming apparent that they were still coasting on the spend from 1999.

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A VC: Musings of a VC in NYC

JANUARY 31, 2023

I’ve never done a cleanse. But many of my friends and family members have done them. There are various flavors of cleanses but the basic idea is you cut back your consumption of food and drink and replace it with mostly liquid nutrition for anywhere from a day to a month. I believe the most common lengths are in and around one week. As I understand it, the theory behind the cleanse is it helps your body eliminate all sorts of toxins that build up over time from a poor diet and other unheal

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Venture Capital Startups Capital Companies 107

Walkner Condon Financial Advisors

JANUARY 13, 2023

For the first time since 2018, the S&P 500, along with most other major indices had a negative return for the calendar year in 2022. Financial buzzwords like inflation and interest rates appeared constantly in the media and social media, and rightfully so with the role they played. Meanwhile, conflict abroad, unfortunately, came into the spotlight with the invasion of Ukraine, sending a global shockwave that had a large impact financially.

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High Net Worth Individuals Mutual Funds Exchange-Traded Funds Funds 98

Tobias Financial

JANUARY 18, 2023

Our vision is to inspire, educate, and prepare our clients so they can live the lives they want. With this in mind, our team members are always committed to developing their skills and education to help our clients achieve their financial goals. Tobias Financial Advisors is proud that our team members constantly strive to grow and expand their knowledge.

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Taxes Education 98

A Wealth of Common Sense

JANUARY 8, 2023

We have a handful of traditions in my family. We watch the Lions lose every year on Thanksgiving. We wear Hawaiian shirts at holiday dinners (try it…it’s fun). We get Chinese takeout for lunch every year on Christmas day. And we update my asset allocation quilt once a year when the calendar turns (OK that’s just me). Let’s do this.

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Assets 133

The Big Picture

JANUARY 23, 2023

I wanted to drop a quick note about the endless spate of layoff announcements — and why you should (mostly) ignore them. Let’s start with some numbers: Microsoft 22,000 (10%) Amazon 18,000 (1%) Google 12,000 (6.4%) Salesforce 7,000 (10%) Tesla 10,000 (10%) Twitter 3,700 (50%) Apple 0 (0%) Keep in mind a few things as you con

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Investing 127

The Reformed Broker

JANUARY 18, 2023

FUTURE PROOF FESTIVAL 2023 TICKET REGISTRATION IS NOW OPEN Join us September 10th-13th in Huntington Beach, CA! It’ll be the lowest rate you’ll ever pay to attend. Prices jump in 2 weeks. Use the link down below to register now. See you there[link] pic.twitter.com/BTO0RNivhJ — The Compound (@TheCompoundNews) January 18, 2023 Last September we threw the biggest wealth management festival (and proba.

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A VC: Musings of a VC in NYC

JANUARY 1, 2023

I want to focus this post on the macro environment for tech, startups, web3, and climate because that is where my head is at right now. I believe that sometime in the first half of 2023, the central banks around the world will start backing off the tightening that they have been engaged in as inflation continues to ease and the economy continues to cool.

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Startups Venture Capital Capital Funds 107

Integrity Financial Planning

JANUARY 13, 2023

Life in retirement can feel a little slow and quiet, especially when you spend lots of time at home, have become an empty nester, or haven’t picked up any new hobbies. Plant parenting is a great way to fill up your time. It invests you in nurturing life, prompts you to learn new things, and engages you in routine. If you are new to it, you may be unsure of what plants to get, which ones are safe and how to properly take care of them.

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Financing Finance Funds Investing 98

Financial Symmetry

JANUARY 2, 2023

Do you have a mapped-out plan for your future? Do you know the best steps to take to achieve your goals? Financial Planning could be the answer. In a world where 75% of Americans are winging it when it comes … Continued. The post The Importance of Financial Planning appeared first on Financial Symmetry, Inc.

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Financing Finance 98

A Wealth of Common Sense

JANUARY 10, 2023

It’s now well-documented that 2022 is one of the worst years in history for financial markets. Last year was one of the worst years ever for stocks and the worst year ever for bonds. The logical next step is to look at what has happened next following the prior worst years for stocks, bonds and diversified portfolios. Past performance tells us nothing about future performance but studying market history can provide.

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Portfolios Assets 130

The Big Picture

JANUARY 19, 2023

Last year, we hosted the first Future Proof conference , and it was. The reviews were fabulous: Morningstar , L.A. Times , Investment News , Financial Planning , RIA Biz , Think Advisor , Business Insider ; Afterward, I told you the traditional financial conference was kaput. Attendees from all over the country (and the world!) came to discuss the most important issues surrounding advising clients.

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Companies Investing 124

The Reformed Broker

JANUARY 3, 2023

If you’re a financial advisor or a fund manager and you weren’t down 20% last year, you won, basically. The S&P fell into a 20% bear market while the Nasdaq crashed almost 40%. Bonds were down double digits as an asset class. International stocks, while outperforming the US and not down as much, were still down a lot. Except for Turkey, which inexplicably doubled last year – here’s the TUR ETF, The post Think you have it bad?

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Assets Funds 117

A VC: Musings of a VC in NYC

JANUARY 9, 2023

I read last week that the NYC Department of Education has banned ChatGPT from its networks and devices. I understand that reaction and mentioned the issues that AI/ML create for educators in a post a few weeks ago. I attended a dinner this past week with USV portfolio founders and one who works in education told us that ChatGPT has effectively ended the essay as a way for teachers to assess student progress.

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Education Leveraging Portfolios 106

Integrity Financial Planning

JANUARY 27, 2023

Retirement is a time for rest, relaxation, and a chance to sit back and appreciate all that we have gained. No longer do we have to rush around trying to meet deadlines or fulfill the demands of a boss. Instead, we can take the time to slow down and truly enjoy the moments we have planned. Gone are the days of frantically rushing from one task to the next, always chasing after success and the next big thing.

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Financial Symmetry

JANUARY 9, 2023

It is a New Year and time to give your finances a personal checkup! See the list of items below that should be done at the beginning of each year: 1. Set Financial Goals or Create A Financial Plan It … Continued. The post Be Sure to Check Your Financial Vital Signs in 2023, ep #181 appeared first on Financial Symmetry, Inc.

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Financing Finance 97

A Wealth of Common Sense

JANUARY 31, 2023

It’s not difficult to find a bearish perspective during a bear market. The bad stuff gets amplified and feels much worse when investors are losing money. Although stocks have rallied this year we’re still well below the highs and remain in an economic environment that is increasingly hard to handicap. Nassim Taleb has never been shy about voicing his bearish prognostications.

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Investors Financing Finance 125

The Big Picture

JANUARY 6, 2023

Source : Bloomberg Billionaires Index. I was in the midst of my analysis of how the Fed would react to softening wage gains in the NFP data, when the markets exploded 2.5% higher. The Fed is very concerned that the perennially underpaid median worker has been seeing wage increases. The past few years follows 3 decades of lagging income. It kinda killed my motivation to write yet another pierce discussing Fed actions.

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The Reformed Broker

JANUARY 7, 2023

Happy New Year everyone! Great to be back in the saddle this week, working with our new president as we prepare for 2023 and beyond. We’ve got lots of projects and initiatives underway at Ritholtz Wealth, some of which you’ll be hearing about from me very soon. This week we went back to our regularly scheduled programming, with fresh episodes of all your favorite shows – What Are Your Thoughts, Animal Sp.

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Covisum

JANUARY 9, 2023

Updated Legislation Means More Changes That Advisors Need To Know. The SECURE Act 2.0 is significant legislation signed into law on December 20, 2022, and is expected to have several impacts on retirement income planning. It contains several provisions designed to improve Americans' retirement security, including later required minimum distributions (RMDs), 529-to-Roth rollovers, and other tax planning opportunities.

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Taxes 93

Integrity Financial Planning

JANUARY 9, 2023

The 2022 economic climate has been bumpy for most and, in some cases, even bumpier for retirees. Americans and the world at large dealt with the economic ramifications of the Russia-Ukraine war, post-pandemic industrial effects, and rising inflation and interest rates. As the year ends, it’s important to understand how these economic factors may have affected your finances as a retiree.

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Accounting Pension Funds Financing Finance 97

Million Dollar Round Table (MDRT)

JANUARY 24, 2023

By Thomas F. Levasseur, CLU, MS Ed. I’ve been an MDRT member for more than 30 years. During that time, I’ve served on numerous committees and task forces where I got to rub elbows with great leaders. From those experiences, I’ve found that an important part of life is seeking to serve, not to shine. The desire to shine can cause you to get in your own way.

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A Wealth of Common Sense

JANUARY 15, 2023

Some people might think it’s bizarre that turning the page on the calendar should matter to investors. Why do investment professionals care about the end of a month, quarter or year? These periods do seem arbitrary but the changing of the calendar from one year to the next offers a good chance for market nerds like myself to update some long-term market data.

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Stock Market Stock Market Investors Investing 123

The Big Picture

JANUARY 30, 2023

We live in an age of contextless slogans. It is the stock in trade of Instagram Influencers, TikTok Investors, and grinding side hustles. It’s a new flavor of b t designed to sell unwitting dupes some garbage product or worse, a destructive half-assed philosophy. In 2020, all you had to do was Hodl Meme stocks; In 2021, it was day trade your way to wealth; before that, just be a Crypto bro, or you can “ Have fun being poor !

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Capital Investors Investing Financing 119

The Reformed Broker

JANUARY 13, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Callie Cox, and Downtown Josh Brown discuss discuss the latest CPI data, why Michael’s feeling a little bullish, calling the Fed’s bluff, chances of a soft landing, retail investor sentiment, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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Investors 104

XY Planning Network

JANUARY 2, 2023

7.5 MIN READ. Last summer I hit my five-year anniversary as a team member at XY Planning Network. That means a couple of things, like holy cow time flies, but more importantly, it means it’s time for a sabbatical. XY Planning Network offers team members a one-month sabbatical at their five-year work anniversary, in addition to required vacation time.

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Integrity Financial Planning

JANUARY 29, 2023

If you forgot what compounding interest was, let’s refresh. Compounding interest is the process by which the interest earned on an investment is reinvested so that the initial investment grows over time. It may not seem like it, but compounding returns is a powerful tool that can significantly increase the value of an investment over the long term, making it an important concept to understand when planning for retirement.

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Financing Finance Returns Portfolios 95