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Today I have a special guest, Amobi Okugo. Amobi was drafted to the Philadelphia Union in 2010, which just happened to be the inaugural season for the Union. He spent 5 years in Philly and was a starter and an integral part of the team until he moved on in 2015. He then bounced around the MLS for a couple of years, before becoming a free agent and missing a whole year in 2018. He's now been back at it in Austin playing for their USL team, which is the second tier of professional soccer in the United States. I explored with Amobi what it was like playing in Philadelphia, which has some of the most loyal fans in the country. We then get into what it's like being an athlete and the challenges as well as benefits it brings. We dive into what it is like being drafted to play the sport you love, and then at the same time, we explore what it's like to then be released by a team and not know what your future holds. Amobi is very driven and has started a company called the Frugal Athlete which he hopes will be the go-to place for athletes to find resources that help them make smarter financial decisions. Amobi knows there have been too many athletes that have lost all their money, so we get into that and how he's trying to help. I think I've talked long enough, lets just get into this special episode, I think you will enjoy it. Here's my conversation with Amobi Okubo.Connect with AmobiA Frugal AthleteTwitter

On today's show, I talk with David Barnett, who is an expert in buying and selling business.  I wanted to come at the conversation from the angle of buying a business as an income generating asset in retirement. He had a lot of wisdom to share. We cover:How did David become an expert in buying and selling "main street" businesses?Should you buy or sell a business in retirement?Aligning your business venture to your interestsWhy buying a business and being "hands-off" is an unrealistic expectationDon't be fooled by the promise of buying an "absent-owner" businessThere is a lot more to owning a self-serve car wash than just collecting quartersWhat are the most important things to think about when buying a main street businessWhy do you need to make a proper cash flow projectionThree components of the typical financing for main street business transactionsRed flags when buying a businessHow Seller Financing can help foster a successful transitionThe fragile nature of businessesDoes the goodwill of a business reside with the business or the owner?Connect with DavidYouTubeNew Website!The Invest Smarter Podcast has a new website! Go to www.investsmarterpod.com to check it out. You can subscribe to our newsletter right from there and get our eBook, "Successfully Navigating the Market Cycle.Connect with David DeWittSubscribe to the Invest Smarter Newsletter (Bottom of the page)Connect on LinkedInGet a Free Financial AssessmentIf you received any value from this podcast, please leave us a 5-star review on Apple!Leave a review!

Today I talk about inflation. Specifically, I talk about where we stand today with inflation, reasons it may subside, and reasons it may continue. I then discuss why it is so damaging to our wallets and cover the specific ways we can combat inflation. Outline of the showWhere do we stand with inflation? [1:25]How inflation hurts our wallets [11:45]How to combat inflation [15:00]Where do we stand with inflation?Inflation is currently running hot. The last official reading was 5.4% year over year. We've certainly seen much higher inflation at the grocery stores and the pump. The question is, are we going to have sustained high inflation, or will it subside? I talk about a few reasons for both outcomes. How inflation hurts our walletsInflation is terrible for cash. It eats away at the value of our money. If you have $100,000 in the bank, and over the next twelve months, the price of goods inflates by 5%, you effectively are left with 95,000 dollars. That is the problem will inflation.How to Combat InflationStarting from super conservative to adding on some risk, I cover the options to put our cash in places that will protect us better from inflation. From high-yield savings accounts to stocks, I talk about several choices we have.Articles Mentioned in the ShowArtificially Low Rates Are Risky, Says Howard Marks US CPI Inflation Metric Rises 0.4% in September, More Than ForecastedFood Industry Execs: Inflation Could Worsen Yet - The Food InstituteHere Are Six Reasons Why Inflation Will Not Be TransitoryNew Website!The Invest Smarter Podcast has a new website! Go to www.investsmarterpod.com to check it out. You can subscribe to our newsletter right from there and get our eBook, "Successfully Navigating the Market Cycle. Connect with David DeWittSubscribe to the Invest Smarter Newsletter (Bottom of the page)Connect on LinkedInGet a Free Financial AssessmentIf you received any value from this podcast, please leave us a 5-star review on Apple!Leave a review!

Today we talk about Roth IRAs for your kids and why you shouldn't wait for a dip to invest. Outline of the ShowRoth IRA for you kids [4:06]Don't wait for the dip [14:00]On today's show, we talk about why and how to open a Roth IRA for your child. Roth IRAs are super powerful. You put after-tax dollars into it, and you take the money out tax-free in retirement when you are over age 59 ½. Now if you have kids, I want you to consider opening a Roth IRA for them. And let me tell you why. Here are a couple of reasons:EducationOpening a Roth IRA for your child can help them become smart with their money. You can have them engage in investment decision-making. Maybe they are really into video games. You can have them invest in the companies that make their favorite games. Maybe your daughter loves fashion. You can research fashion companies to invest in. The Power Of CompoundingThis is also a great way to teach your child the power of compounding. Show them how much their summer earnings could grow by investing it instead of spending it.We go in this and much more on today's show.Listener QuestionMichael wants to know if he should wait for a dip to put money to work. I break down my answer for him and illustrate why I think waiting for a correction is the wrong way to go about it. New Website!The Invest Smarter Podcast has a new website! Go to www.investsmarterpod.com to check it out. You can subscribe to our newsletter right from there and get our eBook, "Successfully Navigating the Market Cycle.Articles Mentioned in the ShowTime Horizon is EverythingPersonal finance legislationFinancial Literacy StudyConnect with David DeWittSubscribe to the Invest Smarter Newsletter (Bottom of the page)Get a Free Financial Assessment

Rising rates, in theory, are bad for tech stocks. Is that always true? I dive in with the help of a recent article from Ben Carlson. Next, I look into how adding a bit of bitcoin to your portfolio could mean you are investing like a Nobel Prize-winning economist. Finally, we answer a listener's question about retiring early before a feared financial disaster in the economy.Outline of This Episode[] Are rising rates bad for tech stocks?[] Can Bitcoin help you diversify your portfolio?[] What should Steve think about retiring early while he also fears a market crash?Why are Rising Interest Rates Bad for Tech Stocks?This year, there is a definite relationship between rising rates and falling stock prices. The other day, Ben Carlson put out a great piece on his blog showing the inverse relationship between yields and the QQQ, which is the 100 biggest stocks in tech-heavy NASDAQ. Sure enough, in 2021, rising rates have equaled weakness in the QQQ. Why is this happening? In theory, it's all about cash flows. Every single financial assets valuation is equal to the present value of future cash flows. To come up with a present value of future cash flows, you discount that future cash flows at prevailing interest rates (or some variation of it depending on the asset class). The higher the discount rate, the lower the present value.Can Bitcoin help you diversify your portfolio?What do Bitcoin and legendary economist Harry Markowitz have in common? They both advocate for modern portfolio theory. At least Bitcoin has up until now (that is subject to change without notice!). Modern Portfolio Theory says that a rational investor should choose an optimal portfolio that maximizes return but doesn't take too much risk. While Bitcoin on its own has the volatility that would make even the staunchest investor quake, when added modestly to a portfolio, it has displayed positive contributions to portfolios as a whole.Steven has a QuestionSteven asks whether he should consider delaying his early retirement because he has been reading articles and fears a financial crisis could be around the corner. Without speculating on the odds of a crisis, I attempt to help Steven think through some considerations and ultimately recommend that he may be well served to speak with a planner who can stress test his financial plan. Articles MentionedWhy it is wise to add bitcoin to an investment portfolioAre Rising Interest Rates Bad For Tech Stocks?Connect with David DeWittSubscribe to the Invest Smarter NewsletterGet a Free Financial AssessmentSubscribe to the Invest Smarter podcast on your favorite platformApple Podcasts, Spotify, Google Podcasts, or Castbox

More VolatilityMarket volatility stayed elevated last week as interest rates made a move higher, a government shutdown loomed, and a major infrastructure deal hangs in the balance. Yet, the market is still less than 5% down from its all-time highs. Since we spent 220 plus days straight less than 5% from the highs, (S&P 500) it is natural that the first bout of volatility catches some of us off guard and causes us to make irrational decisions. Let's make sure that if this much volatility gets us feeling nervous, we gut-check our portfolios.Investing in MegatrendsMy guest today is Luke Hallard. He is the founder of Telescope Investing and the host of the Telescope Investing Podcast. He has a clear framework for investing in megatrends - trends that are shaping our future. It is very similar to thematic investing. In the interview we go over:Luke's journey to becoming a (nearly) full-time investorLuke's framework for investing in megatrendsSome of the biggest trends in the marketHow to hold on when volatility shows upWho megatrend investing is forSustainable investingand moreConnect with LukeTelescope Investing WebsiteTelescope Investing PodcastConnect with David DeWittSubscribe to the newsletterFollow on Twitter  Free Financial Assessment Subscribe to the Invest Smarter podcast on your favorite platformApple Podcasts, Spotify, Google Podcasts, or CastboxThe Invest Smarter podcast is the fastest-growing investing podcast in the United States. 

We finally had significant market volatility on Monday of last week (9/20/2021) as fears that a huge property developer in China, Evergrande, was going to default on its massive pile of debt and cause a 2008 style crisis all over again. Well, before we could blink, it was over and the market came right back.  However, could that have been the crack in the Armor? Also, we discuss how earnings calls can predict the performance of a stock, and how recent earnings calls show that inflation is on the mind of corporate America. Finally, there has been a new tax proposal that has serious implications for your retirement plans. I'll go over some of the biggest changes. Today's HeadlinesChina Evergrande: What Is It and Why Are Investors Worried?Evergrande debt: Collapse could have domino effect on China propertiesChina: Evergrande Portends Housing CrisisS&P 500 companies have inflation on the brain, as ‘inflation' mentions on earnings calls hit 10-year highComplex Language on Earnings Calls Is a Warning to InvestorsMain Topic7 Ways The New Tax Bill Could Impact Retirement Planning Connect with David DeWittSubscribe to the newsletterFollow on Twitter  Free Financial Assessment The Invest Smarter podcast is the fastest-growing investing podcast in the United States. 

Do you have any 401(k)s left behind with previous employers? Should you keep them? Research shows that you could be leaving a small fortune of money on the table if you do. We get into this today on the show. Also, we talk about a recent headline from CNBC about "stock growth coming to a peak," how Bitcoin gets lost and found, and why the obesity pandemic is such a mystery. Today's headlinesFour reasons stocks may be approaching 'peak growth' and what that may mean for investorsA father and son who help clients find forgotten crypto passwords estimate billions of dollars worth of lost bitcoin is recoverable.What happens to lost bitcoin?. Every year, millions of dollars worth… | by SatoshiLabsA Chemical Hunger – Part I: Mysteries – SLIME MOLD TIME MOLDA Chemical Hunger – Part II: Current Theories of Obesity are InadequateA Chemical Hunger – Part III: Environmental Contaminants – SLIME MOLD TIME MOLDMain TopicThe True Cost of Forgotten 401(k) AccountsConnect with David DeWittSubscribe to the newsletterGet your free 3-minute financial planFollow on Twitter  Subscribe to the Invest Smarter podcast on your favorite platformApple Podcasts, Spotify, Google Podcasts, or CastboxThe Invest Smarter podcast is the fastest-growing investing podcast in the United States.

Today I talk about investing in companies that actually innovate with Dan Toma, an innovation expert who helps companies transform into innovative machines. But first, I  talk about some staggering stats about how underprepared baby boomers are for retirement, and how legislative changes are coming to make saving for retirement easier and more flexible.Outline of this Episode[1:45] Baby Boomer's underprepared for retirement headline[5:25] Interview with Dan TomaBaby Boomer's are Underprepared For RetirementPrior to the 401k, savers relied more heavily on pensions and defined benefit plans. The 401k shifted the onus of saving from the employer to the employee. 40 years after this change, we see the results have been quite mixed. A study from the National Institute on Retirement Security, the median amount of financial assets owned by baby boomers is less than $50,000 which translates to only about $160 per month! I think education is the most important thing. We need to be teaching people about personal finance starting at an early age. A report called the Nations Report Card on Financial Literacy gives 66% of states a grade of C or worse for financial literacy instruction, so there's clearly room for improvement. Investing in Innovative CompaniesDan Toma is an innovation thought leader and the co-author of the award-winning book The Corporate Startup and Innovation Accounting.  His work focuses on enterprise transformation -- specifically on the changes, blue-chip organizations need to make to allow for new ventures to be built in a corporate setting. He was featured on the Thinkers50 2020 Radar list of management thinkers to watch and is a member of the World Economic Forum's working group on accelerating digital transformation. In the interview we discuss:What is innovation?What is “innovation theater”?The value of financial statementsSmithsonian Institute as an Innovation exampleMicrosoft as an innovation exampleRoche as an innovation exampleThings to look for in a company that is fostering innovationESG is a neighbor of innovation?Identifying red flagsLooking at where a company is investingThe New Product Vitality Index (NPVI)Why you shouldn't boil innovation down to one indicatorLearn More About Dan on his website where you can check out his blog and his books:Dan's WebsiteConnect with David DeWittSubscribe to the newsletterGet your free 3-minute financial planRegister for our upcoming webinar on tax planningSubscribe to the Invest Smarter podcast on your favorite platformApple Podcasts, Spotify, Google Podcasts, or Castbox 

Jimmy Song has written three books. His latest is called Thank God for Bitcoin, and he gets into why the current financial system is corrupt and why Bitcoin can fix it. And that is what we get into today. He is hands down the most interesting person I have talked to regarding Bitcoin and cryptocurrency. What you'll learn: What is a Bitcoin MaximalistWhat is BitcoinCommon arguments against Bitcoin and the RebuttalWhy Bitcoin is not like the Tulip BubbleWhy Bitcoin is volatileCan Bitcoin be a practical medium of exchange?Bitcoin adoption around the worldThe Bitcoin standard?Why is the US dollar the world's reserve currency?Why our current system is corruptWhy credit is corruptDirty little fiat secretAbout Jimmy's book - Thank God for BitcoinFollow Jimmy:Follow Jimmy on TwitterBitcoin Tech TalkThank God for Bitcoin on AmazonFollow Invest Smarter!Get our monthly newsletter on topics around financial planning, the latest news, markets, and more. Sign up for the newsletter

Today I am joined by Susana Selles. She is engineering her way to Financial Independence Retire Early- FIRE. Susana is doing this by investing smarter, not harder, and has a unique perspective on asymmetric investments. She is a huge proponent of cryptos and blockchain, and she tells us about its potential. She is the host of her own excellent podcast called Say YES to FIRE: Financial Diaries of a Millennial.

What's this episode about? My guest for this episode is Tristan Pelloux. He is passionate about all things fintech and is the founder of Fintechreview.net, a media website that has a mission to demystify the world of fintech. In today's show, we get into some topics you may have heard of before but aren't really sure what they mean. After listening to this episode, you still may be confused about exactly what embedded, and decentralized finance is, but I think you'll have a better idea. Because I know I am still confused! In this episode, we start talking about what fintech actually is because sometimes the term gets thrown around for things that don't actually qualify. Today, we talk about some of the biggest fintech themes, such as payments with companies like Stripe, and how the established banks attempt to stay relevant. We also dive into how fintech companies are changing the way we bank and invest. We both seem to agree that some of the companies that have "democratized" investing, like Robinhood, have not been purely positives for the consumer. We get into non-fungible tokens and how they are enabling a new way of owning assets digitally. Episode Resources: Fintech Review Why is NFT a Game Changer for the Ticketing Industry? About the Podcast: The Invest Smarter Podcast is a show with a mission to bring valuable, insightful, and practical conversations to our audience. We want to enable people to invest smarter both in their portfolios and in themselves to live a healthier, wealthier life both now and in retirement. Host Dave DeWitt is a financial advisor with DeWitt Capital Management who is passionate about helping his clients invest smarter and plan for the best possible future.

Keeping a global perspective on markets is a must if you want to be the best investor you can possibly be. Today's guest, Jonathan Baird CFA, knows all about this. He was able to see trouble from COVID-19 coming early because his global research kept him astutely aware of all the action regarding the virus before it hit our shores in the USA. Jonathan is the author of the monthly report called the Global Investment Letter. After reading a few of these myself, I knew I was in for a treat. He has a wonderful, impressive, and nuanced worldview. Check it out here. On today's show, we talk about: Jonathan's approach to investing What is causing inflation Why Jonathan believes inflation will be transitory (his view is subject to change!) Why the markets are driven by psychology His thoughts on the durability of "meme stocks" His thoughts on Robinhood His advice for pre-retirees And more!

With a solo 401(k), you have so much more flexibility when it comes to your retirement account. This week we have solo 401(k) expert Daniel Blue on the show to give the lay of the land. One of the biggest pain points with your traditional 401(k) is the incredibly limited menu of investment selection. With a solo 401(k), your investment universe is virtually unlimited, allowing you to make your retirement dollars work for you the way you want them to. A solo 401(k) can give you the flexibility you need to access your money without triggering a taxable event, invest in real estate, pay down debt, or fund a new business venture. Listen now to learn and become a smarter investor. Visit Daniels website at https://www.danielblue.me/ Visit his company website at https://www.yourquest.com/

Mark Willis is a man on a mission to help you think differently about your money, your economy, and your future. He graduated with six figures of student loan debt and watched everybody lose their retirement savings and home equity in 2008. He knew that he needed to find a more predictable way to meet his financial objectives and those of his clients. The Bank on Yourself™ that Mark employs has its critics, but from my research and conversations with others, I believe it can be a great strategy for the right person as a complement to all the important other parts of a well-rounded financial plan. As co-host of the Not Your Average Financial Podcast™, he shares some of his strategies for investing in real estate, paying for college without going broke, and creating an income in retirement you won't outlive. Mark works with people who want to grow their wealth in ways that are safe and predictable, to become their own source of financing, and to create tax-free income in retirement. Check out Mark's podcast by clicking below http://nyafinancialpodcast.com

This is the first episode of our new midweek episodes, where we will be talking all about retirement planning and investing topics in a shorter format. All of these episodes will be best enjoyed on our YouTube channel, where graphics will accompany the audio. We hope you enjoy this new expansion of our Podcast/YouTube channel. In this 15 minute podcast, you will learn what it is, why it's so surprising, theories as to why it has occurred, and reasons it may continue. In short, the age-old wisdom of more risk, more return hasn't particularly held up that well through history. Please leave us a review if you have enjoyed our podcast! Source of data: https://bmogamviewpoints.com/the-low-volatility-anomaly/

Today I talk with Brian Thorp, the founder of WealthTender. Wealthtender is an online service that can help individuals identify and discover financial resources that they might require- whether it's a financial advisor, financial coach, educational podcasts, and more. We talk about the critical role human financial advisors can play for individuals, we talk about how finding the right advisor doesn't mean they have to be down the street from you, and much more. He also turns the tables on me and asks me about my philosophy when it comes to investing in individual stocks as part of a financial plan, which I think can make working with an advisor a lot more engaging and, yes, even fun. I encourage you to visit wealthtender.com to explore all the great things Brian is up to.

On this week's show, we are back talking about investing and the markets. Our guest is Herb W. Morgan of Efficient Market Advisors. Herb is a sharp guy, and we get into several interesting and relevant topics. We dive into inflation, and the interesting market reaction to the latest Federal Reserve update to increase their inflation forecast. However, they still maintain that inflationary pressures are largely transitory. Herb believes the bifurcated market reaction, with value stocks all of a sudden rolling over and growth catching a big bid, is a sign of growth regaining a leadership position. We also discuss the Modern Monetary Theory (MMT) experiment and the risk that it ultimately leads to unknown but potentially dangerous unintended consequences. We talk about the US Dollar's role as the reserve currency for the world, Bitcoin's potential as a true currency, and much more. We have a wide-ranging and dynamic conversation that will help bring you up to speed in the markets. Herb has a fantastic podcast called Slaying Bulls & Bears, where every week, he breaks down the market in a methodical, data-driven, and compelling way. Listen to his podcast here. Enjoy this week's episode.

Investing smarter can mean a lot of things. In the case of serial entrepreneur Rob Kessler, it means investing in yourself. After starting a screen printing and embroidery business, one thing led to another and he learned early that the best investment was in himself. It makes sense because he has a good track record! He also appreciates the importance of diversification, which is important for many entrepreneurs. In this show, he shares his story, gives valuable advice for entrepreneurs, and much more. He drops nuggets of knowledge throughout the interview, so give it a listen. In this show we talk about: The Million Dollar Collar and how he started the business His yacht charter business How his screen-printing business became a million-dollar business Advice for entrepreneurs Much more! Check out his product here.

Abbie Leibowitz pioneered an industry of heath advocacy when he co-founded Health Advocate. Listen to his story as he talks about his early career as a pediatrician and how he then found himself as the Chief Medical Officer of the health insurance behemoth Aetna. Abbie has an inspirational story to share, and we hope you enjoy it.

Sean Adams is the CEO of Leveraged Life Management. His goal is to help the wealthy change their relationship with their money and become their own banker. Rather than try and explain it here, listen to the episode, and let me know what you think by emailing at investsmarterpod@gmail.com. The concept he introduces was new to me and it is probably new to you, so I hope you find this interview interesting and valuable. Note: The information in this podcast is for educational purposes only and should be viewed as specific investment advice. Download Sean's free Ebook here Visit his website here.

Asset ALlocation is very important, and you don't want to get this wrong. Asset LOcation is also important, and this is often overlooked. Basically, different types of assets generally make more sense in particular account types. There are basically three account types: taxable, tax-deferred, and tax-exempt. We'll help you understand what belongs in what account and why. Enjoy the show, and keep Investing Smarter! Want to make sure your assets are properly located? Get a free retirement assessment at www.dewittcm.com/retirement-assessment Note: The information in this podcast is for educational purposes only is not specific advice. Consult with a financial advisor or accountant with specific questions. Drop us a line at InvestSmarterPod@gmail.com or visit us at www.dewittcm.com/contact with questions or comments. 

Today we talk with Ted Peters. Who is Ted Peters? He started two successful banks from scratch. He ran Bryn Mawr Trust for 14 successful years. He has worked with Bed Bernanke and Janet Yellen. And now he runs a unique and exciting hedge fund with the top bank analyst in the country. This is his story. Go to the Invest Smarter Podcast page for full show notes. Email at investsmarterpod@gmail.com with questions for the show.

In this week's episode, we tackle inherited IRAs. We cover | Options for spousal inherited IRAs | Options for non-spousal inherited IRAs | Explain what the 10-year rule is | Explain the old Stretch Provision | Give ideas for tax-efficient distribution strategies | Give a couple of scenarios | Explain how distributions are taxed | Explain some special considerations and exemptions | Keep Investing Smarter!

Welcome to the Invest Smarter podcast. On this show, we aim to leave you a smarter investor by the end of every episode. We will simplify investing, provide actionable ideas, and discuss timeless investing wisdom. In this episode, we talk about whether or not you should invest when the market is at highs. Just thinking about whether or not to invest when the market is at highs means you are engaging in market timing, and we know throughout history that humans are simply not good at timing markets. Markets are incredibly complex, and every transaction has a seller and buyer, and both are humans, or algorithms designed by humans, and humans are emotional and vulnerable to irrational decision making. We discuss statistics to dispel the notion that investing highs is a poor idea. Articles Discussed: Should I Invest When The Market Is High? Dispelling The Buy Low, Sell High Myth Investors Reacted to Market Crisis in Unprecedented Fashion

In this week's show we cover: Biden's proposed taxes Risk of retiring at a market peak Dogecoin and Reddit Investing in what you understand- Peter Lynch Passive investing shortcomings Bill Miller's Q1 market letter Housing boom! Stories Covered: Biden has pledged to tax the rich — but precisely how will he do that? Experts consider his options Study Shows Repealing Stepped-Up Basis Would Damage the Economy Retiring soon? Why the popular 4% withdrawal rule may be a bad idea Dogecoin, Elon Musk—And The Latest Reddit Mania The Atlantic: The Autopilot Economy Bill Miller 1Q 2021 Market Letter US Housing Market Is Nearly 4 Million Homes Short of Buyer Demand - WSJ America Is Short of Home Builders as Well as Homes

We are very excited to introduce our first guest to the podcast. Julian Krinsky is the founder of the Julian Krinsky School of tennis, Julian Krinsky Camps and Programs, and The Julian Krinsky Business School, and more. He left a comfortable life in South Africa to move to the USA in 1977 with just 1,200 dollars. He started giving tennis lessons on Dave Sr.s childhood backyard tennis court, and by 2019 he has reached 4,000 to 5,000 kids, half of whom were from overseas. Oh, did I mention he played in Wimbledon and the French Open? He's loaded with an abundance of life lessons and tennis tips, and we think you'll enjoy it. Here our conversation with Julian Krinsky.

In this week's show, we cover a whole range of topics from the Archegos family office blowout, Jamie Dimon's shareholder letter, China investing in Africa, the housing boom, value's mean reversion potential, and more. Please share our podcast! We are eager to grow and need your support. Thanks! Topics Covered: Archegos Jamie Dimon The Housing Boom Reasons to be Optimistic The Fed money printing accounting change Why people die with money in the bank Government debt vs cost S&P 500 leadership changes over the decades Value stocks mean reversion potential Stock ownership trends Home equity loans Stories Mentioned: Credit Suisse explainer Archegos Capital  Jamie Dimon Shareholder Letter Need a Mortgage Loan? Good Luck. Lenders Are Tightening Standards. Here Are 17 Reasons to Let The Economic Optimism Begin The Fed Isn't Printing As Much Money As You Think Here's Why So Many People Intend to Die With Money in the Bank Celebrating 64 Years of the S&P 500 – Indexology® Blog | S&P Dow Jones Indices

Are Growth Stocks Dead? Have you heard the saying, "if it's in the news, then it's in the stock?" If you have watched CNBC recently, you would constantly hear the narrative that value stocks are back and growth stocks are done. Meanwhile, value stocks are already up significantly from their lows, and growth stocks are already down significantly. While I am not suggesting that this dynamic won't continue, I am suggesting that generally speaking, by the time an idea becomes mainstream, it is frequently too late. And the consequences for the average investor are often poor decision-making. Let's look at an example. In growth's corner, we have the Ark Innovation ETF (ARKK). This represents the highest-flying tech stocks over the past fifteen months. In value's corner, let's go with the airlines and energy, two of the harder-hit industries from COVID. We will use the U.S. Global Jets ETF (JETS) and the SPDR Energy Select ETF (XLE). Since November, ARKK is up 34%. Not bad, eh? However, JETS is up 59%, and XLE is up a whopping 75%! Looking more recently, since ARKK peaked in February, it is down a sizeable 22%. The others? JETS is up 19%, and XLE is up 14%. All this means is that if an investor is making their investment decisions based on what CNBC says, you will often be buying into consensus trades, which usually means you're buying high. Why is XLE a better buy today now that it's up 75% since November? Is it less risky today than it was then? Throughout the history of the markets, investors as a whole have proven time and time again to be bad at timing, buying when the risk is high and selling when the risk is lowest. So are growth stocks dead? Well, relative to value, they've been dying slowly for months now. But by definition, growth stocks are growing, so how can they be dead?

In this week's episode, we explore a study that shows that target-date funds in your 401K can actually hurt your performance over time. We look into how custom indexing is making ground, and how it has advantages to ETFs from a cost and personalization standpoint. We talk about how stock correlations (how stocks move together) have been increasing dramatically over the last 30 years. Part of this is passive investing's fault. This lends more support to the idea of a new age of stock picking (or custom indexing!). But we point out that just cause it's custom doesn't make it any better than passive. Ideally, you can blend optimization with personalization to improve long-term outcomes. We also hassle Tesla and the EV industry as well as Bitcoin and its environmental concerns. We wrap up with a chat about SPACs.

This week's episode was a blast to record. We start off by covering a great piece from Morningstar about the challenges Cathie Wood and her Ark funds are likely to face now that her funds are enormous. We chat about the Fed and what Jerome Powell said to make markets happy. We discuss a great 2020 and 2021 outlook from legend Howard Marks from Oaktree Capital Management. We discuss some interesting Bitcoin facts, particularly as it relates to environmental concerns. We also look at how there is truth to the idea that investing in stocks a monkey picks by throwing darts at a stock dartboard is potentially a better option than a cap-weighted index fund. And we wrap up trying to figure out NFTs and Metaverses! Enjoy! Articles Discussed: Morningstar: No Room on the Ark? Here's what changed in the new Fed statement Fed sees the stronger economy and higher inflation, but no rate hikes Howard Marks 2020 Review The Nasdaq Is Acting Strange. What That Means for Stocks. The Flaws of Capital Asset Pricing Model (CAPM) BofA Global Research: 10 Surprising Facts About Bitcoin - The Big Picture Commodities Supercycle Looks Like a Stretch - WSJ

In this week's show, we go over the stimulus package that was just passed and what it means. Of particular interest is the guaranteed income over the course of the next year to families with children. Without a doubt, this is something that Democrats will wish to make permanent. We also talk about inflation, as it is on a lot of people's minds. We continue to err on the side of it not being a worst-case scenario. A lot of the inflationary pressures are transitory. We discuss how some parts of the economy actually inflated during the pandemic and are now going into a more deflationary period. For instance: used cars! We wrap up this talk with a discussion over the massive opportunity in the emerging markets that will unfold over the coming decades.  Articles Mentioned: Inflation Isn't Happening Yet, and It Likely Won't Gundlach: Looking Backwards

What a week! One of my favorite stocks, Digital Turbine (APPS), hit a 52 week high on Tuesday on great news and proceeded to drop 35% in the Span of 72 hours! This is a microcosm of what is happening across the board in stocks that have been the biggest winners. The media is labeling the stocks taking hits as non-profitable tech stocks, but from what I can see, it is anything that has been a big winner, profitable or not. If you are waking up with a feeling of confusion and uncertainty, take a listen to this podcast. This is not a time to panic. We are seeing a run-of-the-mill correction in stocks that have been absolute beasts- so naturally, the correction is a bit deeper and more painful. It's time to stay calm and keep our eyes downfield.

In this week's episode, we chat about how rates rising have rattled the market a little bit. We discuss the mechanics of why this happens and tie it to the big picture of inflation expectations. We wonder which sectors would benefit from more inflation and what will happen to the high-flying tech stocks. There has been a divergence even within technology stocks, and some may be more vulnerable than others. We also talk about the expectation gap that exists with individuals expecting large returns on their portfolio and list capital preservation as a top priority. We discuss the importance of having a plan and knowing what you actually need in terms of return to make your plan work. You do not always need excess returns to make your vision a reality! Other Topics: Digital Advertising growth Cathie Wood Bubbles Getting started with stocks or funds

In this week's episode, we spend the bulk of our time talking about inflation. It has been one of the most frequent questions we have received recently. When you Google search, "Is inflation coming?", you seem to find that for every alarmist article citing inflation fueled market crash is imminent, there is another article suggesting that there is nothing to worry about. We break down some of the top reasons for both arguments to help our listeners understand some of the dynamics at play. Big picture, however, inflation and rates will have to normalize at some point. Those who have investment horizons of 10 years or less until retirement will want to be very vigilant in how their investments are allocated. Asset allocations may need to adjusted in more seemingly drastic ways to be able to expect the required rate of return to get some individuals to the finish line. We dive in. We also casually chat about why we love Roku and how they make money, and why the stock's massive valuation MAY be justifiable!

We know, we keep bringing up bubbles and Cathie Wood. Why? Cause everyone keeps talking about bubbles and Cathie Wood! And over the last couple of weeks, Cathie even talked about why she thinks we aren't in a bubble. So Cathie + Bubble talk means we had to talk about it. Enjoy this week's episode!

The lowest 2021 S&P 500 large bank price target is 3800, which is essentially where we are. In 12 of the last 15 years, the consensus end of year S&P 500 price target has been overestimated. Being bullish is good for business and a safe choice for analysts when everyone is following the herd. We discuss this in our latest episode. We also take a look at the valuation of the market which is at levels hard to justify even in this low rate environment. We discuss Jeremy Grantham's piece from early January about the nature of bubbles, and why he believes we are in a bonafide bubble at the moment. Finally, we answer a listener question about what to do with the cash that you want to use to buy a house in a few years. Articles Discussed Wall Street analysts make a big S&P 500 call for 2021. Market history says ignore them Goldman says the bull market is still in the early stages, gives six trades to play it Short seller Carson Block says rolling bubbles that keep popping up show fragility of stock market WAITING FOR THE LAST DANCE

Hey guys so every week or every other week (still deciding), I'm going to have another version, call it a subchannel, of the podcast where I spend 15-20 minutes talking about what's on my mind regarding the markets, what I'm watching, what's catching my eye, and so on where I just get it out of my system. I'm thinking of a name for the subchannel so if you have any thoughts, let me know. Hope you like it, please let me know what you think by emailing yourmoneydewitt@gmail.com. In the first rendition, I talk all about the Gamestop situation. I cover How it all started Why it's happening Why it will happen for a while How the market is gamified Why this won't last forever Fundamentals vs. "flow" An alternative to the "meme stock of the week" strategy

In this week's episode, we switch it up a bit. We talk about the value of financial advisors and why they can be such a valuable partner in your journey. Especially after 2020 when, ironically, investing felt so easy for a lot of people, now is a great time to consolidate some of your investing success and get a head start on your true financial future. Dave Sr. shares a personal story from the dot-com era that is all too relevant today. We hope you enjoy it!

In this episode, we talk about A new way to invest in space (coming soon) The state of the market The ongoing OLED revolution, and lessons learned from investing in it Why a housing crash is probably not in the cards in 2021 Articles Mentioned: Ark Space ETF Coming Soon Blue Origin to fly People on New Shepard by April Housing Bubble 2021 Mike Santoli Market Take Apple to use OLED in Ipads in 2022 Foldable OLED display Market to Grow 94 Million Units by 2025

In this weeks episode, we talk about the following: Why you should not wait for the market to drop to buy stocks, 2020 Recap, 2021 Outlook, Why we love Costco, Value buying and avoiding value traps, stock market performance under Democratic leadership. Articles Discussed Three Reasons you should Not Wait for The Market to Crash Tom Lee says Stocks are Far From a Bubble

In this week's show we talk about: Tesla Ark Funds and how they invest in innovation How innovation is bubbly Passive funds vs. active funds historically Economic Activity collapses, but not the stock market Market Cycle Investing How to get into the market if you missed out? How lowering your car payment by 50 bucks a month could get earn you 60K in 30 years Roth IRA conversion Articles Discussed: WSJ: Tesla Bulls Double Down ARK ETF family pulls in ~$1B in fund flows Tuesday night Cathie Wood Investor Letter Active Vs. Passive Funds Packy McCormick The Best is Yet to come (Innovation is Bubbly)

In this week's show, we discuss recent IPOs and IPOs in general. We talk about why and how IPOs are priced and how they can trade at such different prices on their first day of trading. We then move into a discussion revolving around the emerging risks of passive investing. Basically, the way market-cap-weighted indexes are constructed can create imbalances. For instance, Tesla is going to be the fifth largest weighting in the S&P 500! We wrap up talking about the very different way Gen Z thinks about and interacts with the world, and investment trends to consider as a result. 1:00 - IPO Overview 6:00 - Airbnb 9:00 - Average IPO return data 10:00 - IPO valuation data 12:00 - Comparisons to 1999 14:00 - Valuation of IPOs vs. FAANG and high flying COVID stocks 18:00 - IPO Fund flows 19:00 - Jay Ritter, Goldman CEO, Tom Lee warning 20:00 - Tesla vs. Yahoo 21:00 - Original Idea of Passive Management 22:00 - Passive Investing Danger 24:00 - Understand where your risks are in your passive investment 24:45 - New wave of indexing 26:00 - Stock picking comeback 27:00 - Risks to your retirement 32:00 - Bull Market Complacency 33:30 Interest Rate Risk 35:00 Climate Risk 37:00 Gen Z 40:00 Investing Trends to Watch out for from Gen Z

Over the past couple of weeks, we have seen bitcoin make a new high for the first time since 2017. This time, it feels a little less euphoric as more big names admit it is here to stay. We discuss if it could make sense in a diversified portfolio. We also discuss a recent article by legendary market researcher Robert Shiller where he makes a case that equities still look attractive. We wrap up with some tax moves to consider in this very unique 2020. Please email us at YourMoneyDeWitt@gmail.com with feedback or questions and topics for the show.

In this week's show, we talk about Black Friday. This year Black Friday will look a lot different. A lot more online shoppings and perhaps a lot less impulse shopping. We also discuss some market calls from some top market watchers. There seems to be a theme about some expecting near-term volatility or even perhaps a sell-off. We discuss all this and more. Enjoy!

This week we talk about the state of the market in terms of market leadership. Momentum investing has pitfalls. Inherently, momentum always comes to an end. A long-time skeptic of Tesla, Morgan Stanley upgrades Tesla, and we tell you why they have had a change of heart. There's never been a better time to think about using a Roth IRA to yourself against future tax increases. We cover a few strategies in this week's show. Email us at yourmoneydewitt@gmail.com if you would like us to cover a topic or have any questions or feedback. Enjoy!

In this week's show, we talk about the vaccine and why stocks reacted the way they did. We talk about some of the long-term implications COVID-19 will have on the economy. We also talk about whether or not the stock market is in a bubble.

In this week's show, we talk about oil prices and where they may be headed next year.  We talk about how the price of oil seems to have become less important to the market. We dive into an investor letter from Bill Millers Equity Opportunity fund to get a peek into how they think about value investing, and finally, we talk about an exciting way to invest in emerging markets. Email us at yourmoneydewitt@gmail.com with feedback or if you would like to have a question featured on a future show. Follow and Like DeWitt Capital Management on Facebook, Instagram, Twitter, and Linkedin. Enjoy!

On this week's show, we discuss trends in ESG investing, a big retirement disconnect, Robinhood and emerging investment technologies, growth vs value, population trends, and more. Follow and Like DeWitt Capital Management on Facebook, Instagram, Twitter, and Linkedin. Email us at yourmoneydewitt@gmail.com with questions to be featured on the next episode, feedback, or ideas for a future topic. 

This week episode we take a fun look at how brewing beer is similar to our investing process. Check out our website at www.dewittcm.com and please view our disclosures at www.dewittcm.com/disclosures

Thanks for checking out our podcast! Today's episode is all about dividend investing. We talk about the top metrics to look at when analyzing stocks as it relates to their dividends. We also talk about the biggest mistake investors make when looking for dividend income. Visit our website at www.dewittcm.com. Important: The information in today's podcast is for educational purposes only. Please do not make investment decisions solely based on what you hear in this podcast. http://www.dewittcm.com/blog-disclosures