Earnings season continues with 39% of S&P reporting this week; by week's end, 79% of companies will have shared results...and the buy back window opens anew. The Fed meeting begins today, with a slim chance for a surprise rate cut; a more dovish tone will encourage markets, however, and anticipate rate cut by September. Commentary on markets' 3% correction & Japanese Yen carry trade effects. Addressing the correct response to correction: Average returns are not the norm; risk on/off behaviors. Anchoring life events: What's the best anchoring for portfolios? Lance and Jon discuss a common mistake investors make when evaluating their portfolio performance, and explains why comparing your returns to the overall market is not always the best approach: The worst thing investors do is compare their portfolio to the market; media pundits often tout market returns, making investors feel inadequate; beating the market is not always the right goal for every investor; your portfolio allocation to stocks and bonds affects your performance; avoid the temptation to chase market returns and stick to your plan. Parsing the bad advice: How much do you need to retire (the 'What's your number' game). The biggest chunk of wealth comes from how much you can save. Could we have a 60% correction? Not likely, but we'll see it coming. 2:55 - Earnings Season Continues & Fed Meeting Today 14:28 - The Correct Response to Correction 29:58 - Market Comparisons Hinder Portfolio Performance 44:07 - Parsing the Bad Advice: What's Your Number? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Articles mentioned in this report: Bullish Years Often Have Corrections https://realinvestmentadvice.com/bullish-years-often-have-corrections/ "Pullback Doesn’t Deter Investor Bullishness" https://realinvestmentadvice.com/newsletter/ ------- The latest installment of our new feature, Before the Bell, "Was the Rally For Real?" is here: &list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "What Does the Fear and Greed Index Mean for Investors? " &list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1490s ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #PortfolioValue #MarketComparison #AssetAllocation #Stocks #Bonds #MarketPerformance #BeatingTheMarket #MediaInfluence #UnrealisticExpectations #InvestmentStrategy #PersonalFinance #FinancialAdvice #InvestorBehavior #EmotionalInvesting #LongTermPerspective #Diversification #RiskManagement #FinancialGoals #WealthBuilding #FinancialMedia #Markets #Money #Investing |
2024-07-30
I can remember 19¢ burgers.
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I remember the bars in college offering 10 cent beers or $1.00 pitchers.
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@@Hawgslayer Now that is data that everyone can use. Maybe Chair Powell should use the "pitcher indicator" of inflation. Unless the pitchers are smaller now.
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$83k
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John is great. Love when he comes on.
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Oil crash incoming in my view, 52 level a possibility.
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Define "crash".
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Time in the market is easy. Timing the market is hard.
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Again, but again, so again, and again, well again, because again.
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That's a habit that alot of people have. What's your habit?
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1 million $ in Guatemala where i retired with 49 is enough, plus a house in a nice area. House taxes 30$ a month and cost of living is not even half of the US .Hospitals ( privat) are very good and with 58 years my health insurance cost 150$ a month..
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I want to add, the earlier you start saving, the more you will have later.
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Supermarket sales….best analogy I have ever heard on investing! So simple, so true. Thanks, John.
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Thanks guys. Alittle dose of reality goes along way.
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Nashville tennessee first house nineteen thousand
A taco at taco bell was 0.29 cents
1988
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Great show today, I’m a daily listener and I’m about to start studying for my CFP. I accepted a new role with a wealth management firm, training to become an advisor. I’m coming from the wholesaler side of the desk and have my 7 and 66. Any insight for a new guy on your side of the desk or CFP studies? Keep up the good work and thanks!
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1st house 58,000 in 1987
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Thanks for the market insights, Lance, and crew. Definitely subscribing to simple visor once I start printing some $$$ in the markets
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