Beware Faux Financial Planners
2022-06-04
(6/3/22) Elon Musk is so concerned about the economy he’s considering cutting his workforce by 10%; how Lebron James became NBA’s first billionaire while still playing; National Donut Day & Shipley’s; Faux Financial Plans: When everyone is recommending the same thing; understanding what you own; Difference between A-, B-, and C-funds; Financial planning using a CPA: How much will you save over a lifetime? Going from successful to significant in life. Think inflation’s bad here? Turkey has it at 70%; buying gasoline at Kroger; wage growth vs inflation; when CAN you retire? Essentials of Estate Planning: Managing Risk & Powers of Attorney.
2:14 – Markets Respond to Jobs Numbers
13:06 – Beware Faux Financial Planners
29:04 – The Difference Between Successful and Significant
43:08 – Retiring
The Great Resignation has shifted to The Great Re-hiring
2022-06-01
(6/1/22) Summer Markets could provide opportunity for investors; 25% of Americans are delaying retirement because of inflation–meaning, they weren’t ready to retire in the first place. How Biden/Powell are fighting inflation; the solution for high gasoline prices is more oil. California lifeguards earning 6-figure incomes; how The Great Resignation has shifted to The Great Re-hiring; how we’re handling inflation & the Savings Paradox; Bearish or neutral, or bullish to neutral: best place may be to shift to neutral; where interest rates are going; financial solvency.
2:00 – Summer Markets Preview
13:12 – Cali Lifeguards & The Great Resignation becomes Great Rehiring
29:12 – Market Commentary: Moving to Neutral
43:16 – The Davos Solution for Thee, but not We
Hosted by RIA Advisors Chief
Target Date Funds: The Rule of Dumb
2022-05-28
(5/27/22) (5/27/22) Will the Memorial Day weekend see lots of "revenge travel?" Never under-estimate the ability of a bear market to suck you in one more time; a reflexive rally is not an all-clear sign for investors. Listen to screeching sound of a dead-cat bounce; how are companies responding; how long can a reflexive rally last? ESG funds are just S&P funds in a green skirt. Target Date Funds: The Rule of Dumb. Why Target Date Fund dates mean nothing; Cheese dreams and pizza portfolios; the glory of Velveeta. Changes coming to Social Security; Soylent Green & Estate Planning.
1:52 – Why the Reflexive Rally is Not an All-Clear
13:04 – The Dead Cat Bounce & Greenwashing ESG’s
29:10 – Target Date Funds, Cheese Dreams, & Pizza Portfolios
43:01 – Changes Coming to Social Security &
Snap Goes The Economy
2022-05-27
“…the macro environment has deteriorated further and faster than we anticipated when we issued our quarterly guidance last month.” -Snap CEO Evan Spiegel
Dealing with Healthcare Costs in Retirement
2022-05-21
(5/20/22) Waiting for the Bounce: Some people just aren’t cut out to invest in stocks; Richard Rosso’s Investing Opera; Why does Elon Musk want Twitter? Musk says ESG is a scam; ORFN–the anti-woke fund; the truth about Bitcoin; the positives of a Bear Markets: needed cleansing. How we’re managing against inflation. Why you shouldn’t benchmark to the top. Gasoline prices & biking in Houston; Healthcare costs in Retirement; using HSA’s as a confidence-builder. COLA increases for Social Security coming this fall; How many R’s in withdrawal, Recession; Scooby-Doo’s annudities. Why the 4% Rule worked…in the ’90’s.
1:50 – Waiting for the Over-sold Bounce
3:29 – Rosso Opera
13:01 – The Positives of a Bear Market
29:26 – Gasoline Prices & Biking in Houston
31:43 – Inflation Impact on
Is the Reflex Rally Over?
2022-05-18
Target and Walmart reporting less than expected earnings, and missing by a mile, as they cite higher price pressure and building inventories. This would suggest we have likely seen the peak of inflation, along with slower consumer activity–both are pre-recessionary indicators that are also disinflationary.
Did Ukraine Eliminate COVID?
2022-03-09
(3/9/22) The news moves markets, and as the Russian invasion of Ukraine remains in the headlines, COVID has been all but eliminated! After sanctions on Russian oil were put in place, oil futures shed 2%. NFIB Survey shows sentiment waning, wage expectations falling, and anticipated sales down. The Fed bet: raise rates or hold firm? Nickel trading suspended until Friday; what then? Manipulation of commodities markets–nothing new. Markets’ next hurdle will be next week’s Fed meeting. New Retirement Legislation on the way–why are there limits on saving? The demographics and math of retirement; why 401k’s were a bad idea. The dynamics of stimulus checks combined with bad financial habits; how long will this inflation last? The cure for high prices is high prices.
1:47 – How Ukraine
March Off to a Weak Start – Will We Recover?
2022-03-02
(3/2/22) Markets commence the month of March in weak fashion as the Atlanta Fed reports GSP growth at 0.0%. Fed Chair Jerome Powell is set to address Congress and the tone of his comments could sway markets bullishly or bearishly. Joe Biden’s State of the Union addressed problems facing the country, but no realistic solutions to economic challenges. The good thing about oil prices; the only cure for high prices is…high prices. Q1 Earnings commentary: Watch for softening corporate outlooks; earnings estimates are still too high. We’re in Investor Purgatory, and it’s time to right-size portfolios.
1:44 – Markets Get March off to a Rough Start
12:57 – State of the Union Commentary & Critique
28:55 – The Good Thing About High Oil Prices
42:41 – Technical Difficulties & Driving Yugos