Life insurance often seems like something reserved for individuals in their later years or those with families to protect. However, this is a common misconception. Young professionals can benefit significantly from carrying a life insurance policy. It can provide...
In theory, I am wildly underpaidI already know that the Comprehensive Financial Planning service can literally transform the way that a household looks at its financial future. I have receipts, and I am pretty sure clients will say so, publicly.At $3000 for a lifetime...
Stable (ish) Rates Means Higher MarketsFor followers of this newsletter, you see the following:Interest rates and foreign exchange FIRST. Setting up an investment strategy, without knowing this first, is like ‘eating soup with a fork.’ My slogan: “Stocks for show,...
Direct indexing is a type of investment strategy that involves buying and selling individual stocks, rather than investing in mutual funds or exchange-traded funds (ETFs). Direct indexing can offer a number of advantages over traditional investing, including: Greater...
Investment Strategy Club (On Chat For Paid Subscribers)I am going to post frequent chats when there is a noteworthy news headline.
Interest Rates Suddenly LowerBut This Time For The Wrong ReasonNPV (price) of bonds notably higher, and why? Because of fear, due to the issue that we will discuss tomorrow. While we have been noting that risky assets can be supported by lower interest rates, that is...
It's A Must You might believe that we are here to nit-pick at others (we do this a lot, yes). That is not the same thing as not giving credit where credit is dues. This is a very concise, yet thorough, explanation of "Stocks For Show, Bonds For Dough."...
AI Has Limitations, Though (Whew)I asked “What are the weaknesses of a 60/40 portfolio?”It’s answer is below, and “not wrong” doesn’t mean “correct.”A 60/40 portfolio, which typically consists of 60% stocks and 40% bonds, is considered a relatively conservative...
Rotten AAPLI don’t think this is the apple a day your doctor ordered.This is AAPL in blue, versus QQQ (Nasdaq 100) and SPY (S&P 500). This is what happens when the structure of an index is based on the market capitalization. It explains why people have believed...
Generation X In TroubleGeneration X is, generally speaking, in the middle of its greatest earnings power. That is changing, by the way, which is one of a list of reasons book #2 is languishing. It’s because the timeline and path to retirement has been changed by the...
Denominator Stable (for now)This point was made on videos over the past 2 weekends. The denominator stopped moving around (you can see the height of the candles here). And in addition, the rate declined.Quantitative tightening looms, the question is how the...
Never A Sure ThingThe reason I have to continue to repeat? It is ingrained that someone will talk for 20 minutes about how “growth stocks have already been sold enough,” or “at 25% lower, WMT/TGT are buys,” etc.