The Big Picture

JULY 25, 2022

For the first half of this year, I have steadfastly refused to join Club Recessionista. I have not believed we were already in a recession, and I was hopeful that a moderate Fed gradually raising rates to throttle inflation could execute that soft landing. No longer. As I mentioned to Tom Keene last week, Nick Timiraos in the Wall Street Journal revealed the Fed’s intention to raise rates 75 basis points brought a reckoning to my hopes of a non-recessionary growth slow down.

Financing 137

Financing Finance Stock Market Stock Market 137

A Wealth of Common Sense

JULY 26, 2022

A reader asks: Many right now are saying real estate is the only way to get a real return in a safe manner. Will you post some data on real estate vs. bonds vs. stocks? You always have to be careful when you use the word “safe” when it comes to investing. An investment that feels safe now could be very risky in the future and vice versa.

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Assets Returns Investing Financing 132

This is going to be BIG.

JULY 25, 2022

Typically, investors don’t take a board seat until you raise your first equity round—which means that it could be *years* before you have a real board meeting: A year of nights/weekends work researching, prototyping, and fundraising. You raise your pre-seed round and if you're lucky and good, you can get to an equity round in 12-18 months. Many people extend this round and don’t get there for two years.

Accounting 146

Accounting Active Investors Capital Investors 146

The Reformed Broker

JULY 28, 2022

It’s been an honor and a pleasure writing, recording and filming for you guys all year. 2022 has been incredibly challenging as an investor, a financial advisor, an investment advisory CEO and a professional market commentator. Tough all around. Like everyone else, I’ve gotten some stuff right and some stuff wrong this year. Based on this week’s reaction to large cap technology company earnings and the F.

Investors 103

Investors Companies Investing 103

The Big Picture

JULY 27, 2022

Today is Fed day, when we get the 75 bps increase that dramatically increases the odds of a recession. The main storyline is inflation, but the overlooked subplot here is Wages. I have detailed over the past decade or so the lagging nature of wages in America — deflationary in economic terms — and how that had begun to change in the late 2010s pre-pandemic.

Taxes 131

Taxes Banks Capital Assets 131

A Wealth of Common Sense

JULY 28, 2022

A reader asks: As a long term investor (10-20 year horizon) is it worth selling portions of a stock when it’s up and taking some profits, maybe reinvesting when the price goes down or pocketing the money? Or, is it best to stay “all in” regardless of the ups and downs? There are two different ways to think about this question. One is the Charlie Munger approach.

Stock Market 129

Stock Market Stock Market Investors Assets 129

Fortune Financial

JULY 28, 2022

In many large businesses, it’s common for employees to own stock in the company. Anyone who owns company stock will eventually have to decide how to distribute their assets — typically when there is a job change or retirement involved. When you are presented with the option to distribute your assets, you will have the choice to roll them into an IRA or place the stock into a taxable account and then roll the remaining assets into an IRA or 401(k).

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Taxes Accounting Assets Capital 98

The Big Picture

JULY 23, 2022

This week, we speak with Graham Weaver, who is the founder and CEO of Alpine Investors, a private equity firm in San Francisco that invests in software and services. Graham has been in private equity for over 20 years, having started Alpine in his dorm room at the Stanford Graduate School of Business. We discuss how he launched a PE company in his dorm at Stanford’s GSB, and proceeded to “make every mistake in the book.” But his investors stayed with him, impressed by his commu

Investors 121

Investors Private Equity Firms Private Equity Firms Hedge Funds 121

A Wealth of Common Sense

JULY 24, 2022

Three random thoughts on the current state of the stock market: (1) The top 10 stocks are getting smoked. One of the prevailing theories during this past bull market is the biggest stocks were carrying the S&P 500. The top 10 stocks now make up more than 30% of the index by market cap so it would make sense for this group to have an outsized impact on the performance of the market.

Investing 125

Investing Stock Market Stock Market 125

Covisum

JULY 27, 2022

If you haven't already, it's essential to take the time to familiarize yourself with the latest Social Security Trustees report. The solvency issues are a significant concern for people on the cusp of retirement today since the depletion date outlined in the report, 2034, is well within their life expectancy. As you're discussing Social Security benefits and how they fit in the context of the retirement strategy , it's important to note that the Social Security trust fund is scheduled to run out

Funds 98

Funds 98

Financial Symmetry

JULY 25, 2022

This brief video includes recent updates on the global stock and bond markets. In addition, please contact your Financial Symmetry team if you have any specific questions regarding your portfolio, our strategy or performance. Click on the video below to … Continued. The post 2022 2nd Quarter Market Update appeared first on Financial Symmetry, Inc.

Portfolios 97

Portfolios Stock Market Stock Market Investing 97

The Big Picture

JULY 28, 2022

Following a negative GDP print in the first quarter, a strong but inflation-racked economy expanded in the second quarter on a nominal basis, but contracted in real inflation-adjusted terms. BEA reported “Real gross domestic product decreased at an annual rate of 0.9 percent in the second quarter of 2022, following a decrease of 1.6 percent in the first quarter.

Investors 116

Investors 116

A Wealth of Common Sense

JULY 29, 2022

As of the close of the trading day on June 16, 2022, the S&P 500 was down 23% from its all-time highs: The Russell 2000 Index of small cap stocks and the Nasdaq 100 were both down nearly 32% and 33%, respectively, from their highs. That’s a pretty decent bear market. Since that day, the S&P 500 is up 13%. The Russell 2000 has shot up 14% while the Nasdaq 100 has bounced 16%.

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Million Dollar Round Table (MDRT)

JULY 26, 2022

By Antoinette Tuscano You can tell clients you’re a caring person who wants to help others, and they might believe you. Or you can show them by inviting them to be part of your efforts to help. Then you become the financial advisor who stands out from the crowd and who they’re proud to refer to their friends and family. “I would be philanthropic regardless of my profession,” said Katherine Kimball, B.S., a five-year MDRT member from Lynn, Massachusetts, USA.

Companies 83

Companies 83

Financial Symmetry

JULY 25, 2022

Which retirement stage are you in? Spoiler alert: the stages begin before you are retired. You’ll also be surprised by some of the stats we uncover as we dissect findings in the latest Age Wave study on retirement. We’ve had … Continued. The post Surprising Stats about the 4 Stages of Retirement, Ep #169 appeared first on Financial Symmetry, Inc.

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The Big Picture

JULY 29, 2022

My end-of-week morning train WFH reads: • The 8 economists who decide if the U.S. is in a recession : Even if gross domestic product figures show a shrinking economy, a recession won’t officially have begun unless the National Bureau of Economic Research says so. ( Washington Post ). • Why doesn’t the Fed just hike 200bp all at once? The cases for and against bold, abrupt moves ( Noahpinion ). • Despite Headwinds, Institutions See Opportunities Private market returns have come down off th

Startups 115

Startups Returns Investors Companies 115

A Wealth of Common Sense

JULY 27, 2022

Today’s Animal Spirits is brought to you by Nasdaq and Composer: See here for Nasdaq’s research on the shifting profile of retail investors. See here for more info on Composers’ rules-based strategies On today’s show we discuss: Rich people keep spending money The upper-middle class is getting squeezed What is a recession? Walmart issues a profit warning Home price growth slowed for the secon.

Investors 75

Investors 75

Million Dollar Round Table (MDRT)

JULY 28, 2022

By Matt Pais, MDRT Content Specialist All advisors have been in a situation when they just can’t get certain prospects to return their calls and address whether they want to do business together. Dharmesh Goel , a 15-year MDRT member from Downers Grove, Illinois, has a solution to this problem: Send them an empty UPS envelope. “What would I do in that kind of situation?

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Prospects Returns 81

Financial Times M&A

JULY 26, 2022

Merger of French satellite operator and money-losing OneWeb shows pressure old order faces from challengers

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The Big Picture

JULY 29, 2022

The Q4 E-Tron and Q4 E-Tron Sportback are geared toward first-time EV buyers who want a mainstream, well-made, luxury SUV. Based on the same MEB electric platform as the parent company Volkswagen, it’s similar to the VW ID.4. Unlike their EV competitors, Audi is simply electrifying their current line of ICE SUVs. Compared to futuristic and spacey models like 2023 Genesis GV60 and the Kia EV6 , Audi’s crossovers present as very familiar vehicles that just happen to have an electric p

Taxes 112

Taxes Companies 112

XY Planning Network

JULY 25, 2022

4 MIN READ. As the business of financial advice continues to evolve, so too do the service models and compensation structures that advisors offer. With regulatory changes driving advisors to rein in their fees along with clients yearning for more holistic fiduciary advice, it’s becoming increasingly imperative that entrepreneurial-minded advisors are focused on building firms that ensure their interests align with their clients’.

Fee Structure 71

Fee Structure 71

Million Dollar Round Table (MDRT)

JULY 24, 2022

By Richard Dobson Jr., CFP. Inflation has devastating effects on our clients’ savings and investment accounts, and advisors must help them understand why it is a major factor behind our advice to allocate a portion of their core assets to equities. So how can we best communicate the risk of inflation to our clients and prospects? Keep it simple. Make it memorable.

Prospects 80

Prospects Assets Accounting Investing 80

Financial Times M&A

JULY 23, 2022

Deal will bring together British, French and Chinese governments in competition with Musk’s Starlink

Companies 98

Companies 98

Financial Times: Moral Money

JULY 26, 2022

Proposals that ‘dictate the pace’ of energy transition receive fewer votes from $8.

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The Big Picture

JULY 25, 2022

My back-to-work a recession is coming morning train WFH reads: • Inverted Yield Curve: A Recession Alarm Is Ringing on Wall Street : An inversion of the bond market’s yield curve has preceded every U.S. recession for the past half century. It is happening again. ( New York Times ). • There Was Never Anything Wrong With Value : How the influence of popular value benchmarks challenges investor faith in the style and even the business of some value managers. ( Institutional Investor ) see also The

Private Equity Firms 57

Private Equity Firms Private Equity Firms Legal Stock Market 57

The Reformed Broker

JULY 26, 2022

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ?Make or break moment – “Weak Earnings Reports Aren’t Fazing Investors After Brutal Year for Stocks” ?Recession is Consensus – Food price inflation crowding out spending on other goods, most no.

Financing 56

Financing Finance Investors Investing 56

Financial Times M&A

JULY 27, 2022

US regulator’s lawsuit is the first direct shot at a Big Tech deal under chair Lina Khan

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FMG

JULY 28, 2022

We are so excited to kick off our “Meet the Team” blog series, and for our first one we chatted with Customer Success Coordinator, William Schaefermeyer. When he isn’t working with advisors and customers to ensure they are achieving their goals, he loves to travel, play the piano and play chess. To learn more about William and what he does in his free time, be sure to check out our first “Meet the Team” blog.

Companies 52

Companies 52

Wealthfront

JULY 28, 2022

Taxes often signal good news for investors: they’re usually a sign you’re making money. At the same time, taxes can also eat into your returns and reduce the amount of earnings that you get to keep. Fortunately, there’s a lot you can do as an investor to lower your tax bill and invest more tax-efficiently. […]. The post How Can I Minimize Taxes When I Invest?

Taxes 52

Taxes Investing Returns Investors 52

Zajac Group

JULY 27, 2022

Welcome back to our two-part series on how to use equity compensation to optimize your charitable contributions to a Donor Advised Fund (DAF). In Part 1, we covered two ways to maximize both your tax benefits, as well as the gift value for your intended recipients. To achieve this win-win ideal, it’s important to be deliberate about which equity compensation share lots you donate, as well as whether you donate them as post-sale cash proceeds, or unsold shares.

Funds 52

Funds Taxes Legal Capital 52

Financial Times M&A

JULY 28, 2022

Landmark lawsuit to block virtual reality deal will challenge Big Tech and the legal establishment

Legal 86

Legal 86

Advent International

JULY 26, 2022

MONTERREY, MEXICO, JULY 26, 2022 – CEMEX, S.A.B. de C.V. (“CEMEX”) and Advent International (“Advent”) announced today that Advent, one of the largest and most experienced global private equity investors, will partner with CEMEX to accelerate the growth and development of NEORIS. As a global provider of tech consultancy and digital transformation services, NEORIS will strengthen its capabilities and reach through Advent’s expertise in the space.

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Consultants Consulting Stakes Financial Services 52

Walkner Condon Financial Advisors

JULY 26, 2022

When it comes to finances and investing, 2022 has started in a rocky fashion. The lasting impacts of COVID-19 – including its continued effect on supply chain snags – and Russia’s invasion of Ukraine have had a hand in the increasing impact of inflation, as well as the rollercoaster ride of the stock markets. And regardless of whether you have an advisor or you manage your own investments, you’d be lucky to be down only a few percent year-to-date.

Stock Market 52

Stock Market Stock Market Financing Finance 52

Tobias Financial

JULY 25, 2022

It is with tremendous sadness that we inform you of the sudden passing of our Operations Manager, Ramesh Narine. Ramesh was a beloved member of our Tobias Financial Advisors family. His infectious personality, energetic spirit, kind heart, dedicated work ethic, and contagious laughter will be missed by all those that had the pleasure of knowing him.

Companies 52

Companies 52