Lance Roberts' Real Investment Hour

RIA Advisors' Financial Guardrails are timeless principles for building lasting wealth and protecting your financial future. Richard Rosso, CFP®, shares insights from decades of experience helping investors avoid common pitfalls and build financial wellness that lasts generations. From annuities and debt control to emotional investing and realistic return expectations, these guardrails are designed to keep you on track — no matter what markets do. 0:20 - Rules Can Save You in a Turbulent World 3:17 - Annuities Should Be Planned, not Sold 9:34 - A Home is a Liability, not an Asset 12:37 - Setting Good Financial Boundaries with Adult Children 15:25 - Debt Control & Savings Priorities 17:45 - Dealing with Student Loan Debt 19:33 - Personal Un-secured Debt - Credit Cards 22:03 - Good Health in Retirement 24:15 - Realistic Projections, Time Horizons, & Inflation Factors 27:33 - Be Vigilant of Confirmation Bias & Emotion 32:35 - Create a Household Wellness Evolution Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP Produced by Brent Clanton, Executive Producer ------- Watch Today's Full Video on our YouTube Channel: https://www.youtube.com/watch?v=MM5vwaXJyls&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=8s ------- Articles Mentioned in Today's Show: "The RIA Financial Guardrails" https://realinvestmentadvice.com/ria-e-guide-library/ -------- The latest installment of our new feature, Before the Bell, "Buy-the-Dip Isn't Dead Yet" is here: https://www.youtube.com/watch?v=UU_zCk3hYhs&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "Nvidia's Money Loop: Smart Move or Red Flag?," is here: https://www.youtube.com/watch?v=PBMx8sckBhk&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s ------- Get more info & commentary: https://realinvestm entadvice.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/ #FinancialPlanning #WealthManagement #InvestingTips #RetirementPlanning #MoneyMindset

Nvidia just took a $1 billion stake in Nokia—and Nokia plans to spend that money buying Nvidia's own AI chips. It's not the first time. Nvidia's done similar deals with OpenAI, CoreWeave, and xAI, fueling record demand for its GPUs. But is this smart strategy—or circular financing? Some call it vendor financing, others say it's round-tripping—a tactic that helped inflate the dot-com bubble two decades ago. Lance Roberts & Michael Lebowitz unpack how the AI industry may be funding itself, why that's raising eyebrows, and what investors should watch for as the hype builds. 0:19 - Are Tariffs a Tax? 4:03 - Buy-the-Dip'er's Continue their March 8:40 - Michael's Fed re-cap - Stealth QE? 14:08 - Where is All the Liquidity Going? 17:45 - What Will Trigger QE? 19:16 - The Fed's QE Trap 21:13 - Stress in the REPO Market 24:15 - Market Froth & Valuations - the Mag-7 28:57 - Where the Debt is Piling Up in Anticipation of AI Build 33:32 - Nvidia's Infinite Money Loop 37:32 - What If Projections & Expectations Are Not Realized? 42:55 - Looking at CAPE (as Nvidia is 8% of Market) Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manger, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Watch Today's Full Video on our YouTube Channel: https://www.youtube.com/watch?v=PBMx8sckBhk&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s ------- Articles Mentioned in Today's Show: "Nvidia Deals: Round Tripping Or Vendor Financing?" https://realinvestmentadvice.com/resources/blog/nvidia-deals-round-tripping-or-vendor-financing/ -------- The latest installment of our new feature, Before the Bell, "Buy-the-Dip Isn't Dead Yet" is here: https://www.youtube.com/watch?v=UU_zCk3hYhs&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "6 Moves You Should Make Now Before RMDs Start," is here: https://www.youtube.com/watch?v=G0B99SnHJ4U&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=24s ------- Get more info & commentary: https://realinvestm entadvice.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/ #BuyTheDip #SP500 #MarketBreadth #Investing #PremarketUpdate #Nvidia #ArtificialIntelligence #StockMarket #TechInvesting #FinancialEngineering

Required Minimum Distributions (RMDs) can create unexpected tax burdens and impact your retirement income strategy if you're not prepared. In this episode, we break down six smart financial moves to make before RMDs begin at age 73, so you can stay in control of your taxes, income, and investment strategy. Whether you're approaching RMD age or helping a parent prepare, this episode gives you the tools to protect your wealth and avoid common retirement pitfalls. 0:19 - Winners & Laggards in Earnings Season 4:30 - Earnings Season Beats Are Not Being Rewarded 9:39 - Time to Think About Taxes and RMD's 14:34 - Changes to RMD Rules 17:16 - Tapping the IRA First 20:01 - Qualified Charitable Distributions (QCD) 22:12 - RMD Deferral 25:43 - The Backdoor Roth 27:00 - Tax Savings with 401k 29:25 - The Retirement "Smile" 32:35 - When's the Best Time to Take RMD? 36:24 - Special Considerations 37:46 - Adulting at the Library Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Watch Today's Full Video on our YouTube Channel: https://www.youtube.com/watch?v=G0B99SnHJ4U&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=24s ------- The latest installment of our new feature, Before the Bell, "Earnings Beat, Stocks Drop" is here: https://www.youtube.com/watch?v=6B2pV8tKyHw&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "Smart or Risky? How Investors Are Adapting to Today's Markets," is here: https://www.youtube.com/watch?v=GyKGGi6LSV8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- Get more info & commentary: https://realinvestm entadvice.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/ #MarketUpdate #EarningsSeason #StockMarket #RiskManagement #Investing #RetirementPlanning #FinancialAdvice #TaxStrategy

In this episode, we explore how today's investors are adapting to volatility, inflation, and complexity across markets. Lance Roberts & Jon Penn explore Structured Notes: These complex instruments promise tailored returns, but they come with tax pitfalls and credit risks investors must understand before buying. We'll break down how structured notes work—and why they may belong inside an IRA rather than a taxable account. The Return of Adjustable-Rate Mortgages (ARMs): Homebuyers are betting that interest rates have peaked—opting for lower initial payments despite future risks. Are ARMs smart financial strategy or a sign of desperation in a high-cost housing market? 0:19 - Palantir : No Rewards for "Good" Results 5:19 - Does the Next Correction Start Today? 10:46 - Christmas Tree Forest & The Hobby Lobby Date 12:31 - Structured Notes Explained 15:39 - Why Am I So Lucky? 16:58 - Debt Obligation & Phantom Taxes 20:09 - What is the Risk - What Can Go Wrong? 23:54 - The Problem with Chasing Returns 27:05 - Know What You Own 29:12 - A word About Options & Puts 31:41 - Adjustable Rate Mortgages - The Worst Thing Ever Invented 36:36 - Don't Become Imprisoned by Your Home Mortgage 38:41 - What a "Starter Home" Should Cost 40:49 - Always Plan for What Could Go Wrong Whether you're a Gen Z investor, a first-time homebuyer, or a seasoned investor exploring structured products, this discussion will help you understand how financial behavior evolves when markets, rates, and risk collide.

Are today's investors psychologically conditioned to buy every market dip—no matter the risk? Lance Roberts explores the “Investor Dilemma” through the lens of Pavlov's classical conditioning, revealing how years of Fed interventions, liquidity injections, and momentum rallies have trained investors to respond to volatility like Pavlov's dogs to a bell...and three Gold Myths you don't want to mith...er, miss. 0:20 - 1st Trading Day of November (w No Gov't Data) 4:06 - Markets' Long Stretch of Gains - Pullback Coming? 8:50 - Markets' Buy the Rumor - Sell the News to Fed Action 11:53 - Two Myths About the Federal Reserve 15:31 - Why the Fed Likely Ended QT 19:29 - The Investors' Dilemma 22:33 - The Definition of Moral Hazard 24:52 - The Change in Liquidity Index 27:36 - If there's No Risk, Why NOT Overpay for Stocks? 32:30 - Fundamentals Still Matter 35:37 - 10% Correction from Current Levels is a Possibility 38:00 - The Buying Part is Easy... 39:46 - The Three Myths About Gold 39:46 - The Three Myths About Gold

Most investors have filled out a risk tolerance questionnaire—but does it really measure how you'll behave when markets crash? Richard Rosso & Jonathan McCarty break down why traditional risk tolerance tools fail to predict investor behavior, how emotions override risk profiles, and why time horizons, liquidity needs, and cash flow matter far more than a few survey questions. 0:19 - Halloween Prelude - Baby's First Halloween 2:31 - Risk Tolerance Tests - The Ugly Truth 6:00 - How Rich & Jonathan Scored 7:12 - The Spousal Tolerance Quiz 11:08 - Looking at Risk Tolerances in Couples 17:48 - What's Your Judgement Orientation? 21:52 - Responding to Market Moves - Mapped Portfolios 24:26 - What Happens When Powell is Out at the Fed 28:53 - Risk Tolerance Quizzes Do Not Reflect Reality When Markets Turn 30:30 - When Rich was 13 - Owning McDonald's 35:28 - EBT, Food Stamps, & Fast Food Comparisons 36:55 - Taking the Risk Quiz at 20 vs 50 39:08 - Investing Over-Confidence vs Balance 40:50 - The Millionaire Next Door I & II 43:34 - AI Impacty on Market History Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP Senior Investment Advisor, Jonathan McCarty, CFP Produced by Brent Clanton, Executive Producer ------- Watch Today's Full Video on our YouTube Channel: https://www.youtube.com/watch?v=ZUIhiCubDgw&list=PLVT8LcWPeAuhi47sn298HrsWYwmg8MV7d&index=1 ------- The latest installment of our new feature, Before the Bell, "Bullish Momentum Builds," is here: https://www.youtube.com/watch?v=quAIX8PhNZw&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "The Most Dangerous Era in History," is here: https://www.youtube.com/watch?v=qxX1Xw_bQP4&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- Get more info & commentary: https://realinvestm entadvice.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/ #FinancialPlanning #RiskManagement #InvestorBehavior #WealthStrategy #RIAAdvisors

Why has Bitcoin captured the attention of investors and innovators alike? Lance Roberts & Vinay Gupta break down what makes Bitcoin unique — from its blockchain backbone to its role as currency, commodity, and speculative asset. We'll explore how to think about Bitcoin in a diversified portfolio, what risks investors need to understand, and why blockchain may reshape how business is done in the future.

Taking profits sounds easy—until you try it with a smaller account. Lance Roberts & Jonathan Penn answer listeners' question about managing portfolios spread across myriad stocks, with allocations similar to the S&P 500. When positions are small, trimming into strength or reinvesting during market highs can feel nearly impossible. 0:19 - Profit Taking, Earnings, & FOMC Meeting Previews 4:48 - Market Bullishness Confirmed 10:05 - Managing Risk in Volatile Markets 13:55 - There's no Perfect Time 15:31 - Profit Taking in a C-fund 401k 21:05 - Taking Profits in Small Portfolios 23:11 - The Wisdom of Position Sizing 29:45 - What About Weighting in ETF's - There's no holy grail 34:36 - Documenting Allocation Models 39:01 - What Allocation Model is Best for You? 45:22 - The Three-legged Stool of Portfolio Returns 48:41 - Make Sure Portfolio Assets are not Correlated Together

We're living through one of the most dangerous eras in history — not because of war or politics alone, but because of the extraordinary convergence of economic, financial, and geopolitical risks. In this episode, we break down: How record global debt, AI-driven speculation, and geopolitical instability are colliding. Why the current market optimism masks systemic fragility. What investors can learn from past cycles — from 1929 to 2008 — to prepare for the next regime shift. The role of central banks, fiscal excess, and policy distortions that have created a fragile illusion of stability. 0:18 - EOM Approaches, Rare Earth, & the China Deal 4:28 - Markets Set New Highs 8:57 - Lance's Grandkid Solution 10:28 - The Dumbest Stock Market in History 12:53 - Why Are Markets trading at 200% Above GDP? 16:26 - Unforeseen Consequences of Passive Investing 21:54 - More ETF's than Mutual Funds 26:47 - Passive Indexing Underwrites the Markets 31:13 - The Causality of Liquidity 34:21 - Bubbles Don't Form, the Evolve 37:25 - Be Aware of the Risks You're Taking 45:14 - Cash Levels and Margin Debt

Your greatest retirement risk isn't the market; it's living longer than you expect. Richard Rosso shares the Art of Retirement Income—how to enjoy your savings early in retirement while protecting your future lifestyle.

Gold's rally has investors shouting “dollar debasement!” — but is the narrative real, or just a speculative illusion? Lance Roberts & Michael Lebowitz break down the popular debasement argument and expose the facts behind the gold surge. From money supply trends to Fed policy and global confidence in the U.S. dollar, we separate the data from the hype. 0:19 - Stresses Emerging in Lower End of Economy 4:45 - The Oil Price Pop 6:35 -Good News - Bads News on Wall Street 10:38 -CPI Preview Despite Government Furlough 15:32 - Bond Market Expectations for Economic Growth 17:58 - The Challenge of Managing Money for the Future 20:11 - Wall Street is Selling 5x Leverage 24:47 - Liquidity is Showing Signs of Drying Up 26:42 - Debasement is Not a Room in Your House 29:42 - Where Does Money Come From? 30:45 - The Rise in Money Supply M-2 34:46 - The Loss of Confidence in the Dollar 40:00 - Central Banks are Hoarding Gold Reserves 46:21 - People Find Bubbles in Everything 48:15 - YouTube Chat - Banks Are Dumping Treasuries( ?) 49:28 - Is the Dollar Set to Strengthen? Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manger, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Articles Mentioned in Today's Show: "Dollar Debasement: Reality Or A Dangerous Narrative?" https://realinvestmentadvice.com/resources/blog/dollar-debasement-reality-or-a-dangerous-narrative/ -------- Watch Today's Full Video on our YouTube Channel: https://www.youtube.com/watch?v=6HNCz8Ogzxc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- The latest installment of our new feature, Before the Bell, "Russia Sanctions Ignite Oil Rally," is here: https://www.youtube.com/watch?v=N7DyLmRRWoQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "Teaching Kids About Money: Lessons From Investing's Biggest Mistakes," is here: https://www.youtube.com/watch?v=cXyQMURvV40&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=2 ------- Get more info & commentary: https://realinvestm entadvice.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/ #OilRally #EnergyStocks #RussiaSanctions #MarketUpdate #PreMarket #DollarDebasement #GoldInvesting #MarketAnalysis #RealInvestmentAdvice

Cash value life insurance often sparks debate — is it a smart financial tool or an expensive way to mix insurance with investing? Lance Roberts & Jonathan Penn break down how cash value life insurance actually works and where it may (or may not) fit into your overall financial picture. 0:18 - Preview - Life Insurance & BYOB, Earnings Season Continues 6:00 - Markets Confirm Bullish Trend 10:55 - Private Credit Fund Warning - Subprime Credit Danger 18:22 - Whole Life Insurance Explained 19:51 - Whole Life vs Term, ULI, VUL 22:54 - Why Dave Ramsey is Wrong About Insurance 23:44 - The Math - Term vs Whole Life 25:51 - Why You Need Insurance 29:16 - Overfunding Strategies & Be Your Own Bank 32:49 - Whole Life vs Term (again) 37:59 - Beware Blanket Statements - Do the Research 39:28 - MEC - Modified Endowment Contracts 41:13 - When the Life Insurance Runs Out 43:02 - Converting Term to Whole Life 46:01 - Comming Attractions Whether you're building wealth, protecting your family, or planning for retirement, understanding this strategy can help you make smarter financial decisions.

Invest like a bull. Think like a bear. Lance Roberts dives into the mindset of successful investors: staying bullish on opportunity, but thinking like a bear when it comes to risk. Learn how to stay optimistic without losing discipline, why emotional control outperforms market hype, and how blending bullish conviction with bearish caution can help you thrive through any cycle. * How to stay invested while protecting capital * Recognizing when optimism turns into speculation * Lessons from past market booms and busts * Why risk management is the true edge in investing

Medicare's Fall Open Enrollment runs from October 15 through December 7, and this is your chance to review, compare, and adjust your coverage for 2026. Richard Rosso & Jonathan McCarty review six crucial steps to help you make smarter Medicare choices — from evaluating plan changes and comparing drug coverage to avoiding common enrollment mistakes. Whether you're already on Medicare Advantage or reviewing Part D drug plans, understanding how to navigate this annual window could save you thousands in healthcare costs next year. 1:34 - Dealing w Medicare Open Enrollment 3:59 - Jonathan's Baby & Diaper Service 9:10 - Prescription Drug Formularies & Changes 12:11 - Shopping Around for Medicare Advantage Plans 17:56 - Recommended Alphabet Formula 21:15 - What Medicare Advantage is NOT 24:55 - Medicare Part-G Open Architecture 26:52 - Where to Start - ID Verification Woes 30:17 - The Medicare Plan Finder 34:34 - The RIA Medicare Screening Tool 43:34 - How and Where to Start Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Investment Advisor, Jonathan McCarty, CFP Produced by Brent Clanton, Executive Producer ------- Watch Today's Full Video on our YouTube Channel: http://bit.ly/3KSVvYg ------- The latest installment of our new feature, Before the Bell, "Markets Reclaim 20-DMA — Can It Hold?" is here: http://bit.ly/46WMYfq ------- Our Previous Show, "Capitalism: The Real Path to Wealth & Happiness" is here: https://www.youtube.com/watch?v=2zw3gGV13x0&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s ------- Get more info & commentary: https://realinvestm entadvice.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/ #MedicareOpenEnrollment #RetirementPlanning #MedicareAdvantage #FinancialEducation #HealthcareCosts

What makes capitalism the most successful wealth-building system in history? Lance Roberts & Michael Lebowitz explore how economic freedom, private ownership, and innovation incentives have lifted billions out of poverty and created unmatched prosperity. Why do societies that embrace free markets and entrepreneurship tend to enjoy higher standards of living, longer lifespans, and greater personal happiness? Lance & Michael examine the misconceptions surrounding capitalism—why critics often overlook the power of voluntary exchange and how wealth creation benefits everyone over time. 0:19 - Earnings Season is Underway w 75% Beat Rates 4:49 - Markets Maintain Bullish Trend w Lackluster Conviction 8:23 - The Itch to Twitch w Royalty-free Music 10:04 - The Fed Moves Forward - Net Impact to Bond Market 13:58 - There is No More Liquidity - Effects in Crypto Realm 17:03 - The Danger of Buying Crypto on Margin 19:57 - Leverage Works Worse in Reverse 24:04 - When the Markets Break 29:59 - Capitalism vs Socialism - the path to prosperity 31:49 - Quantifying Capitalism - The Economic Freedom Index 35:22 - Capitalism is Not an Equalization System 38:23 - The Global Decline of Economic Freedom 39:32 - Does Wealth Buy Happiness? 40:58 - Defining the "American Dream" 43:16 - Why Businesses Fail 44:51 - The Savanna Bananas 46:57 - Capitalism Is Not Fair

Federal Reserve Chair Jerome Powell just hinted that the Fed may soon pause its balance-sheet runoff — a potential shift that could reshape market liquidity and investor sentiment. Lance Roberts & Danny Ratliff break down: * Why the Fed may pause QT — and what it signals about financial conditions. * How ending balance-sheet runoff affects liquidity, yields, and asset prices. * What history tells us about QT pauses and subsequent market rallies. * Why the Fed's portfolio composition (Treasuries vs. MBS) still matters for inflation and housing. * Portfolio tactics if the liquidity tide begins to turn. 0:19 - Markets' Rally on Powell QT Comments 4:16 - Speculation Continues on Wall St 8:40 - Childhood Bedtimes & Digital Devices 14:36 Is Quantitative Tightening About to End? 16:55 - What is the Result of Easing QT? 19:37 - Where's the Risk: Private Credit/Equity 21:12 - The Fed's Moral Hazard & History of Bailouts 26:01 - How Would a Failure of FNMA Loans Affect the Economy? 28:34 - What Led to the 2007-2008 Financial Crisis 32:13 - The Bigger Risk of Too Much Money Chasing Too Few Deals 35:45 - The Last Stages of Asset Development 40:11 - IRS Rules Changes for Roths 45:12 - Comming Attractions Whether the Fed is stabilizing the system or setting up the next round of excess — it's a key inflection point investors can't ignore.

Are annuities the safe retirement solution they're sold as — or a financial trap in disguise? Lance Roberts & Jonathan Penn unpack the good, the bad, and the ugly sides of annuities. 10:03 - Kitchen Sets & Intramural Flag Football 14:52 - Annuities - Good, Bad, & Ugly 18:08 - What is an Annuity? 20:16 - Different Flavors of Annuities 22:07 - The Ugly Truth About Early Surrender Fees 27:29 - Why Might You Need an Annuity? 31:20 - Three Reasons You'd Need an Annuity 34:36 - Annuities Should Be Planned, not Sold 38:14 - Why Buy an Annuity Instead of Investing in the Market? 41:00 - One More Reason... 43:25 - Are There Inflation-adjusted Annuities? 47:05 - Are Annuities Divorce-proof? 48:59 - Lance's Marriage Advice 49:52 - Tax Deferral Options 51:59 - More Marriage Advice - His & Her Money Whether you're considering a fixed, variable, or indexed annuity, this episode will help you separate sales pitch from sound strategy — so you can decide if annuities deserve a place in your portfolio.

Are markets completely disconnected from economic reality? In this exclusive conversation, Lance Roberts of RIA Advisors sits down with Daniel LaCalle, Chief Economist at Tressis and author of Freedom or Equality, to examine the illusion of wealth, sovereign-debt bubbles, and why the next global crisis may already be forming beneath the surface.

How do you make every dollar work harder for you? Richard Rosso breaks down the Hierarchy of Smart Savings Strategies — a smart, structured approach to prioritize where to save and invest for maximum growth and minimum taxes. This simple yet powerful framework helps you build wealth efficiently, protect against taxes, and optimize your financial future. 0:19 - Foundational Basis & Economic Conundrum 8:05 - Prioritizing Saving Money - Pay Yourself First 12:58 - How to Create a Tax Management Wave 15:50 - The Triple Tax Benefits of HSA's 18:39 - After-tax Contributions to 401k 21:04 - Investing & Spending 23:55 - Life Insurance applications

A recession usually means falling inflation and lower bond yields — good news for bond investors. But what if this time is different? Lance Roberts & Michael Lebowitz break down how the next recession could flip the bond trade from bullish to bearish — and why government policy and fiscal stimulus may once again distort the relationship between inflation, yields, and bond prices. 0:19 - US Dollar Impact on Multi-national Companies 3:32 - Expectations for Market Reversal 9:45 - The AI Chase & Circular Money Flow 13:17 - Investments are Based on Hopeful Future Demand 16:28 - The Question of The How & The When 19:12 - The Nvidia - AMD - OpenAI Conundrum 20:07 - Natural Gas is the Only Answer for next 5-years 22:02 - Markets Are Chasing Whatever Goes Up 24:24 - The Lesson for Diversifying 26:15 - Do Bonds Protect Investors in the Next Recession? 32:18 - Preview of Daniel LaCalle Interview 35:38 - Gold is Fueling Dollar Debasement 39:43 - All Asset Classes will Reverse Eventually 43:33 - Is This Time Different? 50:06 - Coming Attractions

Join Lance Roberts for a live open Q&A on markets, money, and investing. We'll cover what's on your mind—from market melt-ups and Fed policy to portfolio positioning and economic risks. No scripts, no fluff—just real talk and real answers about what's moving markets and shaping investor behavior. 0:19 - Markets are Absorbing Money 4:14 - Profit Taking in Bitcoin 9:15 - YouTube Poll - The #1 Thing on Your Mind About Markets 10:09 - How Do You Invest Right Now? 12:23 - Liquidity is King 18:05 - You WILL Mind a 5% Down Market 20:39 - #1 Concern - Liquidity in Markets 27:37 - The Problem w Markets is Narratives 29:34 - Economic Data Not Dramatically Changing 33:06 - The AI Story, Tesla Robots, & Productivity 35:48 - Employees Are Not Fun 39:32 - Coming Attractions - Daniel LaCalle Interview

In your 30s, 40s, or 50s, life gets busy—and money decisions get complicated. Many professionals fall into the same midlife financial traps that quietly erode their future wealth. Lance Roberts & Jon Penn unpack seven common midlife money mistakes that can derail your long-term goals—from lifestyle creep and poor diversification to credit card debt and get-rich-quick schemes. Learn how to stay focused, protect your growing assets, and build financial independence while managing the real pressures of midlife. 0:19 - Taco Tuesday & Gov't. Shutdown Day-7 4:23 - Is the Rising Trend Line About to End? 10:53 -Mid-life Crises & Dealing w Debt 17:31 - Christina's Amazon Budget & Nutcracker Fetish 19:40 - Mission Creep & Budget Leakage 24:20 - The Danger of Using Credit Cards for Points 29:09 - Hard Money Lending & Usury 32:51 - Trade Your Way to Wealth & Other Get-rich-quick schemes 36:06 - Inflation's Effects on Purchasing Power 37:58 - Markets Can Make You Appear Smarter than You Are 39:06 - Get Debt Free 41:17 - Why You Should Never, Ever, Never, Ever Borrow from Your 401k 47:15 - The Truth About Bankruptcy 49:09 - Coming Attractions

Investors often believe that when markets “recover,” their portfolios do too — but that's a dangerous illusion. In this episode, Lance Roberts breaks down why percentage losses and gains are not symmetrical, and how a 50% loss requires a 100% gain just to break even. We'll discuss why bear market math destroys long-term returns, how emotional investors get trapped in the “illusion of recovery,” and why managing risk during drawdowns matters more than chasing every rally. 0:19 - The First Full Trading Week of October - Action 4:11 - Markets - Overbought & Overconfident? 9:27 - Where is the Promised Recession? 12:06 - What is Supporting the Market? 15:53 - The Overall Liquidity Base is Still Flush 19:19 - Annual vs Intra-year Returns Comparison 22:18 - Understanding Losses in Bear Markets - not symmetrical 27:02 - The Math of Loss 29:32 - The Importance of Understanding the Difference Between Points & Percentages 33:49 - Why Markets Do Not Compound 34:19 - The Function of Time on Investments 39:26 - Six Strategies That Work When Markets Don't 46:48 - Preview: Trading Guide Rules from Master Investors

Protecting your family starts with the right financial basics. In this video, we break down the must-have estate planning tools, insurance coverage, and financial safeguards every household needs. From wills and trusts to life insurance, disability coverage, and guardianship designations, we'll cover how to ensure your loved ones are secure no matter what happens. We'll also dive into digital assets, medical directives, and children's financial planning — the often-overlooked steps that protect families from unnecessary risks. ✅ Learn the financial documents every family should have ✅ Avoid common mistakes that leave families unprotected ✅ Build peace of mind with a plan that covers all bases 0:20 - Green on the Screen on Day-3 of Government Shutdown 4:05 - Risk Management thru Estate Planning 7:28 - Basic Estate Planning Documents You Need to Have 9:48 - Powers of Attorney 18:19 The Document Repository 21:03 - Post-mortem Plans - Trusts vs Wills 28:23 - Designating Beneficiaries 36:11 - Disability & Long Term Care Insurance Considerations 42:43 - Letters of Intent

The government shutdown has silenced the Bureau of Labor Statistics, leaving investors without the monthly jobs report. But does Wall Street really need the BLS to keep moving? Lance Roberts & Michael Lebowitz explore what happens when government labor data goes missing, how traders adapt, and what alternative indicators might offer clues about the state of the economy. Lance and Mike also examine valuation metrics in the markets, and discuss claims that interest rates are still too high. Can the "AI Effect" sustaining markets and the economy continue into 2026? 0:19 - What the Economic Surprise Index is Saying 4:29 - Markets Hit All-time High. Again. 9:30 - When P/E Ratios are Elevated 12:25 - 1999 Valuations vs Now 13:52 - Is the AI Excitement Worth It? 17:47 - The Risk of Disappointment 21:57 - Government Shutdown Ramifications 24:03 - BLS vs ADP 27:31 - What JOLTS & IRS Data is Telling Us 33:44 - Stephen Miran - Are Rates Too High? 35:38 - The Fallacy of CPI 37:37 - Immigration Impact on Economic Growth 39:00 - The Natural Rate of Interest 41:26 - The Taylor Rule Explained 45:17 - Will AI Spending Be Able to Continue into 2026? 46:58 - The Resilience of the Market

The U.S. government shutdown has officially started. What does this mean for the economy, markets, and your investments? Lance Roberts covers the immediate fallout from the shutdown on federal spending, workers, and services ; how markets have historically reacted during shutdowns—and what to expect this time; the risk to GDP, delayed economic data releases, and consumer confidence. This shutdown is more than politics—it's a real test for the economy and financial markets. Stay informed and prepared. [*NOTE: YouTube sustained severe streaming issues during this morning's live feed. This is a separate recording of the show.]

Why do we invest? The answer goes far beyond just making money. Lance Roberts & Jonathan Penn, Two Dads on Money, break down the most important reasons people put their money to work in the markets. Lance and Jon also show why investing is not just for Wall Street professionals—it's for everyone. Whether you're just starting out or refining your long-term strategy, this episode will give you a clear framework for why investing is essential for financial freedom and peace of mind. 0:19 - Quarter-end Rebalancing & Potential Gove't Shutdown 6:14 - Pay Attention to the US Dollar 12:49 - Why & How We Invest: Real Estate & FOMO 18:41 - Trade Like a Pro - Not a Gambler 23:27 - Dealing w Emotions as Investors 25:28 - When Life Happens - Car Batteries & Tires 31:53 - The Major Reason We Invest: Growing Savings Faster than Inflation 37:28 - Market Compounding is a Myth 38:49 - Why Money Sitting in Cash for Opportunity 41:06 - Next Week's Show Preview

Lance Roberts examines one of the most reliable technical analysis tools investors use to measure market risk: the Relative Strength Index (RSI). The RSI helps identify when markets are overbought, oversold, or diverging from price action. While RSI is not a perfect “buy or sell” signal, it is a powerful guardrail for risk management. History shows that overbought conditions can persist much longer than expected, but when momentum fades, corrections can arrive suddenly.

College planning season is here — and the last quarter of 2025 brings critical deadlines for students and parents. Jonathan Penn and Sarah Buenger break down what you need to know about FAFSA, scholarships, and smart funding strategies for higher education.

The Federal Reserve's latest move has investors asking: Is policy turning more accommodative or staying restrictive? Lance Roberts and Michael Lebowitz decode the Fed's decision, cut through the jargon, and explain what it means for markets, rates, and your money. We'll cover: What the Fed actually signaled last week The difference between accommodative and restrictive policy How markets typically react to these shifts Key risks for stocks, bonds, and the economy going forward Stay tuned as we unpack the Fed's message and put it into plain language for investors navigating uncertain markets. SEG-1a: On becoming "vintage" and Irrational Exuberance SEG-1b: Markets Appear to be Pulling Back SEG-2a: Jerome Powell's "Fairly Valued" Market Assessment SEG-2b:The Virtual Circle of the Markets & Economy SEG-2c: Quad Chart: Is the Fed too Easy or too Restrictive? SEG-2d: Markets Are Always Searching for a Narrative SEG-2e: AI Impact - A Double-edged Sword SEG-2f: What Credit Spread Compression is Telling Us SEG-2g: How We Manage in the Markets Now SEG-2h: The Fed Jargon Test Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, ww Portfolio Manger, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Articles Mentioned in Today's Show: "Accommodative Or Restrictive? Decoding The Fed's Latest Move" https://realinvestmentadvice.com/resources/blog/accommodative-or-restrictive-decoding-the-feds-latest-move/ -------- Watch today's video on YouTube: https://www.youtube.com/watch?v=oDHV6eIWGlI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell, "Market Pullback or Just a Pause?" is here: https://www.youtube.com/watch?v=AYd7d13Iu1Y&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "Strange Recession Signals: What Markets & Odd Indicators are Telling us" is here: https://www.youtube.com/watch?v=UKIv4RZn6sE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- 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/ #StockMarketToday #PreMarketUpdate #MarketPullback #EnergyStocks #StockMarketAnalysis #DecodingTheFed #FederalReserve #FedDecision #InterestRates #MarketOutlook #InvestingAdvice #Money #Investing

9-24-25 Strange Recession Signals - What Markets & Odd Indicators are Telling Us by Lance Roberts

Not all financial advisors are created equal. Lance Roberts & Jonathan Penn break down the biggest red flags you should watch out for before trusting someone with your financial future. From hidden fees to pushy sales tactics, we'll show you how to separate the pros from the pretenders. Whether you're interviewing a new advisor or reviewing your current one, these insights will help you protect your money and make smarter decisions.

Are markets set to keep climbing, or are we staring down the next pullback? Lance Roberts breaks down the bullish vs. bearish case for stocks, exploring what could fuel the rally—and what risks could trip it up. From the Federal Reserve's latest moves, to earnings trends, market breadth, and money flows, we'll cover the key factors driving sentiment. Whether you lean bullish or bearish, this analysis will help you understand the forces shaping today's market. Also in this show, commentary on Lance's daughter's first college exam, Donald Trump's Tik Tok dealing: Who will benefit? SEG-1a: All Bull Markets End in a Bear Market SEG-1b: Markets Continue Elevated Advance SEG-2a: Take Caution in Over Bought Markets SEG-2b: Citadel Securities - No Free Lunch SEG-2c: Market Tension Between Expectations & Reality SEG-2d: The Bull Case SEG-2e: The Bear Case SEG-2f: The Narrow Market SEG-2g: What Investors Should Do Now

From the Fed's next move to the outlook for gold and gold miners, Axel Merk, CEO of Merk Investments, shares with Lance Roberts his take on today's biggest market risks: The largest jobs revision ever, the Fed's lagging response, why active management beats passive distortions, and how investors should think about risk, contrarian views, and the role of gold in their portfolios. 0:18 - Introduction of Alex Merk, CEO Merk Investments 2:01 - Annual revisions to BLS Employment Report - Largest negative revision to jobs in history. 4:20 - William Poole's explanation of BLS numbers & methodology and why markets pay attention. 6:13 - Herbert Hoover's belief in National Data for creating BLS numbers. 8:19 - The market trades off the data, whether you agree with it or not. 9:35 - How the Fed intervenes 10:55 - Kevin Walsh Fed candidate: The Fed needs more real-time data. They're always too late. 12:24 - Preview of September Fed meeting: The Fed should cut rates. 14:20 - What monetary policy is and/or should be (and what it is not) 16:36 - Correlation of asset classes...and not. 18:55 - How the Fed looks at inflation & asset prices (Gold & Gold Miners) 21:55 - Active Management is counter-cyclical 22:52 - Gold & Gold Miners as an asset class: Due for correction? 24:41 - The impact of passive investing driving asset prices; Index Investing & Price Distortion 26:29 - Rapidly depleting asset investments (Gold) 28:30 - Active Management Matters: Invest in management teams 30:14 - Importance of understanding the fundamentals of companies in which to invest 32:29 - Venture Capital-lite: Who Gets the Money? 34:42 - What Worries You Now? Having no investment process; a mediocre process is better than nothing 35:33 - If you can sleep with what you have... 37:25 - Why Technical Analysis works well in Gold space 40:20 - Risk Management in Good Times: The Value of Good Analysis 42:29 - The Value of Contrarian Views & Skin in the Game 45:29 - There is No Such Thing as an Investing in the End of the World; there's always the day after 48:07 - The Best Investment Advice Ever: Invest in Yourself Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manger, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://youtu.be/YeciboacIW0 -------- The latest installment of our new feature, Before the Bell, "Market Volatility Looms Following Fed Cut," is here: https://www.youtube.com/watch?v=TwqWqisbCyQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "No Risk-free Path for the Fed" is here: https://www.youtube.com/watch?v=sC5i-sZm73o&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=7s ------- Articles mentioned in this report: "Corporate Earnings Slowdown Signaled By Employment Data" https://realinvestmentadvice.com/resources/blog/corporate-earnings-slowdown-signaled-by-employment-data/ "Invest Or Index – Exploring 5-Different Strategies" https://realinvestmentadvice.com/resources/blog/invest-or-index-exploring-5-different-strategies/ "Portfolio Risk Management: Accepting The Hard Truth" https://realinvestmentadvice.com/resources/blog/portfolio-risk-management-accepting-the-hard-truth/ ------- 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/ #AxelMerk #JobsReport #FederalReserve #GoldInvesting #MarketOutlook

It's Fed Day – the most anticipated event for markets this month. The Federal Reserve's rate decision and Jerome Powell's press conference could shape the direction for stocks, bonds, and the economy heading into year-end. Lance Roberts & Danny Ratliff break down: • What the Fed is likely to announce today • The impact on interest rates, inflation, and growth • How markets ($SPY, $QQQ, bonds, gold) typically react to Fed decisions • Why risk management matters as volatility rises around policy changes Stay tuned for clear insights on how today's FOMC meeting could set the tone for investors into Q4.

The Federal Reserve cut rates on Wednesday, September 17, 2025 — but the path forward is anything but risk-free. Markets had already priced in much of the move, leaving investors to wonder if Powell's guidance will calm volatility or spark fresh uncertainty. Lance Roberts and Michael Lebowitz look at what the Fed's latest decision means for stocks, bonds, and the economy. Why Powell's words may matter more than the rate cut itself. The risks of inflation, slowing growth, and financial instability in the months ahead.

Should you invest actively or stick with indexing? Lance Roberts & Jonathan Penn break down five different strategies investors use to build wealth, reduce risk, and stay ahead of the market. From active stock picking to index fund simplicity, we'll explore the pros, cons, and real-world applications of each approach so you can better understand how they fit into your financial plan.

The jobs market isn't just about employment—it's a leading signal for corporate earnings. In this episode, we explore how recent employment data revisions and slowing job growth are flashing caution for corporate profits. Here's what you'll learn: Why employment trends often lead earnings results How slowing payroll growth may impact revenue and margins Key sectors most at risk from weaker labor demand What this signal could mean for the stock market outlook Portfolio considerations as corporate profits face pressure Understanding the link between the labor market and earnings is critical for investors positioning ahead of the next quarter. SEG-1a: Fed Cuts & Commentary, Buy Back Window Shuts SEG-1b: Market Movement Muted SEG-2a: Tesla Shares & Elon's Compensation SEG-2b: The S&P 493 SEG-2c: Bond Yield Behavior SEG-2d: Overall Bullish Backdrop is not at Risk SEG-2e: The Only Thing that Matters (Forward Earnings) SEG-2f: What Wall St. is Expecting in 2026 SEG-2g: The Problem w Wall Street's Forecasts SEG-2h: The Most Important Indicator to Watch SEG-2i: PCE, CPI, & % of Full Time Workers SEG-2j: Why the Fed is Behind the Curve SEG-2k: Market Earnings Growth By Sector comparison SEG-2l: Why Watt St. Exuberance is at Odds w Economy Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: -------- The latest installment of our new feature, Before the Bell, "All Time Highs on Muted Moves," is here: https://www.youtube.com/watch?v=eNd7D4lz7FU&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "The Essential Hierarchy of Money Goals ," is here: https://youtu.be/XHMHkOAWRIc ------- Register for our next RIA Dynamic Learning Series event, "Are We On the Edge of Recession?" September 18, 2025: https://realinvestmentadvice.com/resources/events/savvy-medicare-planning-what-baby-boomers-need-to-know-about-medicare/ ------- Articles mentioned in this report: "Corporate Earnings Slowdown Signaled By Employment Data" https://realinvestmentadvice.com/resources/blog/corporate-earnings-slowdown-signaled-by-employment-data/ "Invest Or Index – Exploring 5-Different Strategies" https://realinvestmentadvice.com/resources/blog/invest-or-index-exploring-5-different-strategies/ ------- 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/ #MarketComplacency #MarketDeviations #NegativeDivergence #AllTimeHigh #WallOfWorry #20DMA #CorporateEarnings #JobsReport #StockMarketOutlook #RecessionRisk #MarketAnalysis #InvestingAdvice #Money #Investing

Where should your money go first? Too often, people skip ahead to investing or wealth strategies before laying the right foundation. Richard Rosso and Matt Doyle break down the essential hierarchy of money goals—a clear order of priorities to help you stay on track. From emergency savings and debt reduction to investing, wealth protection, and legacy planning, this framework shows you exactly how to progress step by step. By focusing on the right goals at the right time, you'll reduce stress, improve financial security, and set yourself up for long-term success. Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Relationship Manager, Matt Doyle, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://youtu.be/XHMHkOAWRIc -------- The latest installment of our new feature, Before the Bell, "The AI Trade is Back," is here: https://www.youtube.com/watch?v=o6i2HhmE5U0&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "There Ain't No Inflation," is here: https://youtube.com/live/KuvJ7KcQU_0?feature=share ------- Register for our next RIA Dynamic Learning Series event, "Are We On the Edge of Recession?" September 18, 2025: https://realinvestmentadvice.com/resources/events/savvy-medicare-planning-what-baby-boomers-need-to-know-about-medicare/ ------- Articles mentioned in this report: "Valuations Are Extreme: Navigating A Bubble" https://realinvestmentadvice.com/resources/blog/valuations-are-extreme-navigating-a-bubble/ "Portfolio Risk Management: Accepting The Hard Truth" https://realinvestmentadvice.com/resources/blog/portfolio-risk-management-accepting-the-hard-truth/ "Meme Markets: Investing vs. Entertainment" https://realinvestmentadvice.com/resources/blog/meme-markets-investing-vs-entertainment/ ------- 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/ #MoneyGoals #FinancialPlanning #WealthBuilding #PersonalFinanceTips #FinancialFreedom #InvestingAdvice #Money #Investing

Markets and the Fed keep talking about inflation, but what's really happening? Lance Roberts previews the upcoming CPI, PPI reports, and real-world data to explain why the official numbers don't always match what you're feeling. From wages and rents to energy prices--is inflation is truly under control, or just hiding in plain sight. Discover how “disinflation” differs from “deflation,” why Wall Street's narrative matters for stocks, and what it means for your portfolio. SEG-1a: Inflation Day - Will Tariffs' Effects Appear? SEG-1b: What Bond Yields Are Telling About Interest Rates SEG-2a: Will Markets Have Another 20% Year? SEG-2b: Inflation Estimates & CPI Components SEG-2c: Wrapping the Quarter - Buy Backs & Positioning SEG-2d: The Risk Range Report Explained SEG-2e: Dealing with Bearish Bias Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: -------- The latest installment of our new feature, Before the Bell, "The AI Trade is Back," is here: https://www.youtube.com/watch?v=o6i2HhmE5U0&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "The Best Way to Buy Bitcoin: Smart Investors Guide," is here: https://www.youtube.com/watch?v=zhKjbRKNksY ------- Register for our next RIA Dynamic Learning Series event, "Are We On the Edge of Recession?" September 18, 2025: https://realinvestmentadvice.com/resources/events/savvy-medicare-planning-what-baby-boomers-need-to-know-about-medicare/ ------- Articles mentioned in this report: "Valuations Are Extreme: Navigating A Bubble" https://realinvestmentadvice.com/resources/blog/valuations-are-extreme-navigating-a-bubble/ "Portfolio Risk Management: Accepting The Hard Truth" https://realinvestmentadvice.com/resources/blog/portfolio-risk-management-accepting-the-hard-truth/ "Meme Markets: Investing vs. Entertainment" https://realinvestmentadvice.com/resources/blog/meme-markets-investing-vs-entertainment/ ------- 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/ #CPI #PPI #Inflation #MarketDeviations #NegativeDivergence #AI #Nvidia #Oracle #Tech #Bonds #BondYields #20DMA #Inflation #FederalReserve #CPI #StockMarket #EconomicOutlook #InvestingAdvice #Money #Investing

Are we standing at the edge of a recession? Economic data is showing cracks: slowing job growth, weakening consumer spending, and tightening credit conditions. Meanwhile, the Federal Reserve's policies continue to weigh on growth. In this episode, Lance Roberts & Danny Ratliff break down the key signals flashing caution, what they could mean for corporate earnings and market performance, and how investors should think about risk management in the months ahead; plus bonus content: Sourdough bread and marriage tips. SEG-1a: Jobs Revision and Economic Reality SEG-1b: Money Flows & Inflation Preview SEG-2a: Sourdough Baking w Christina & Michelle SEG-2b: Are We In a Recession - YouTube Poll SEG-2c: What Does Recession Mean? SEG-2d: Instead of Predicting, Start Preparing SEG-2e: When Everyone Agrees... SEG-2f: Don't Over-react to "Recession" SEG-2g: What Can You Control? SEG-2h: Understanding the Risk of Speculation SEG-2i: What About "Cash on the Sidelines?" SEG-2j: The Math of Loss vs Compounding SEG-2k: Don't Forget to Save SEG-2l: Cash Gives Options SEG-2m: Happy Wife, Happy Life Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: -------- The latest installment of our new feature, Before the Bell, "Money Flows Bolster Markets," is here: https://www.youtube.com/watch?v=o6i2HhmE5U0&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "The Best Way to Buy Bitcoin: Smart Investors Guide," is here: https://www.youtube.com/watch?v=zhKjbRKNksY ------- Register for our next RIA Dynamic Learning Series event, "Savvy Medicare Planning," September 18, 2025: https://realinvestmentadvice.com/resources/events/savvy-medicare-planning-what-baby-boomers-need-to-know-about-medicare/ ------- Articles mentioned in this report: "Valuations Are Extreme: Navigating A Bubble" https://realinvestmentadvice.com/resources/blog/valuations-are-extreme-navigating-a-bubble/ "Portfolio Risk Management: Accepting The Hard Truth" https://realinvestmentadvice.com/resources/blog/portfolio-risk-management-accepting-the-hard-truth/ "Meme Markets: Investing vs. Entertainment" https://realinvestmentadvice.com/resources/blog/meme-markets-investing-vs-entertainment/ ------- 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/ #MoneyFlows #RelativeStrength #CPI #PPI #Inflation #MarketDeviations #NegativeDivergence #MarketCorrection #20DMA #Recession #Cash #Economy #StockMarket #FederalReserve #MarketOutlook #SourdoughBread #MarriageTips #InvestingAdvice #Money #Investing

Thinking about buying Bitcoin but not sure of the best approach? You're not alone. With so many options—crypto exchanges, ETFs, custodians, and even payment apps—the path can feel overwhelming. In this episode, we break down the smartest ways to buy Bitcoin while considering security, fees, custody, and long-term investing strategy. Should you buy directly on an exchange, use a crypto wallet, or stick to regulated investment vehicles like ETFs? We'll walk through the pros and cons so you can make an informed decision that fits your goals. Whether you're a beginner or a seasoned investor curious about crypto, this guide will help you navigate the choices and avoid costly mistakes.

Lance Roberts explores how the rise of passive index funds and ETFs has reshaped markets, leading to higher correlations across asset classes and eroding the traditional benefits of diversification. Once considered the cornerstone of portfolio risk management, diversification now struggles as capital floods into passive vehicles—concentrating money in the same stocks and sectors. He'll break down: Why diversification no longer offers the same protection. How passive investing drives market distortions. The hidden risks behind “set it and forget it” strategies. What investors need to consider when building resilient portfolios today. SEG-1a: Economic Trends Continue to Weaken SEG-1b: Negative Divergence Continues SEG-2a: The Ugly Reason Behind Portfolio Diversification SEG-2b: The Correlation of One SEG-2c: What's in Your ETF? SEG-2d: 7-Rules for Portfolio Management SEG-2e: Diversification is Hogwash SEG-2f: Bashing Keynesian Economic Theories SEG-2g: The Trouble with Fed Intra-meeting Rate Cuts SEG-2h: Dollars Needed to Generate GDP

Too many people think financial planning is just about picking investments—but it's much more than that. A great plan is a living, breathing roadmap that evolves as your life changes. Richard Rosso & Jonathan McCarty uncover what makes the perfect financial planning experience—from getting your head straight, to gathering the right documents, to partnering with a fiduciary advisor who looks beyond just returns. You'll learn: • Why real planning goes far deeper than investments. • The documents and data you need to start your journey. • How advisors help with behavioral rebalancing—keeping emotions in check. • The difference between accumulation and distribution strategies. • Why a fiduciary, holistic advisor adds real value to your financial life. If you want your plan to stay relevant—and not just collect dust in a binder—this episode is for you. 1 - Why Financial Planning is a Loss-leader for most firms 2 - Focus on What You're Doing Right 3 - Coaching the Young 4 - Your Financial Documentary 5 - Trust Fund Baby's & Nepo's 6 - Taking off the Pressure for Your Family 7 - Smaller Estate Tax Exemptions are One President Away 8 - Financial Planning is a Partnership 9 - How AI is Changing FP 10 - When All Financial Plans Lead to Annuities 11 - The Health Metric in Financial Planning 12 - Aging in Place with Rosie the Robot 13 - Financial Plans Must Change with Your Environment 14 - hat is the Most Importance Part of a Financial Plan for You? (Poll) 15 - Financial Planning w Children & Dearth of Financial Literacy 16 - Financial Planning & Investment Management 17 - Stress-testing Your Financial Plan Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Investment Advisor, Jonathan McCarty, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://www.youtube.com/watch?v=6QSPJnekS6U&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s -------- The latest installment of our new feature, Before the Bell, "Markets' Bullish Trend Remains Intact" is here: https://www.youtube.com/watch?v=OPN3UX4VjI8&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "Stock Market Bubble? Extreme Valuations & What Investors Should Know," is here: https://www.youtube.com/watch?v=QXgmAXNATeU&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=2 ------- Register for our next RIA Dynamic Learning Series event, "Savvy Medicare Planning," September 18, 2025: https://realinvestmentadvice.com/resources/events/savvy-medicare-planning-what-baby-boomers-need-to-know-about-medicare/ ------- Articles mentioned in this report: "Valuations Are Extreme: Navigating A Bubble" https://realinvestmentadvice.com/resources/blog/valuations-are-extreme-navigating-a-bubble/ "Portfolio Risk Management: Accepting The Hard Truth" https://realinvestmentadvice.com/resources/blog/portfolio-risk-management-accepting-the-hard-truth/ "Meme Markets: Investing vs. Entertainment" https://realinvestmentadvice.com/resources/blog/meme-markets-investing-vs-entertainment/ ------- 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/ #FinancialPlanning #WealthManagement #RetirementPlanning #BehavioralFinance #MoneyMatters#InvestingAdvice #Money #Investing

Stock valuations are at extreme levels — some call it a bubble, while others argue the bull market has more room to run. So, who's right? And more importantly, what should YOU do as an investor? Lance Roberts & Michael Lebowitz expose the conflicting market narratives and explain why selling everything may not be the smartest move. Instead, they'll explore how active investing, technical signals, and disciplined risk management can help you capture gains while protecting your portfolio if the tide turns.

Thinking about retirement? Think again. Lance Roberts & Danny Ratliff present 10 powerful reasons you shouldn't retire too soon—from financial stability to maintaining purpose and health. But if you do decide to retire, they'll also show you exactly what steps to take to protect your money, lifestyle, and long-term security. SEG-1a: How ChatGPT Saved Google in Anti-trust Court SEG-1b: Why the 50-DMA is Key SEG-2a: Looking Ahead to Employment Revisions SEG-2b: Portfolio Risk Management Amid Investor Complacency SEG-2c: Traders' Performance & Baseball Greats SEG-2d: Honor Thy Stoploss SEG-2e: Tariffs + Markets Looking for Reason to Cool Off SEG-2f: Day Trading is Not a Good Career Choice SEG-2g: Retirement vs The Big Correction SEG-2h: Making Mistakes Too Close to Retirement SEG-2i: What to Do With Debt Prior to Retirement SEG-2j: Running a Financial Plan SEG-2k: YouTube Poll - Biggest Concern About Retirement SEG-2l: Retirement Realities SEG-2m: Health in Retirement SEG-2n: Bonus Segment - Lance's Cheat Meal SEG-2o: Bonus Segment - The Empty Nester's Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisors, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://www.youtube.com/watch?v=uHA4ZE7kuHo&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- The latest installment of our new feature, Before the Bell, "Is Tuesday's Market Drop the Start of Correction?" is here: https://www.youtube.com/watch?v=J09F1Ldd6Lk&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "DIY Investing & Why Swing Trading Isn't Long-Term Wealth," is here: https://youtu.be/9MJOE0l7L9Q ------- Register for our next RIA Dynamic Learning Series event, "Savvy Medicare Planning," September 18, 2025: https://realinvestmentadvice.com/resources/events/savvy-medicare-planning-what-baby-boomers-need-to-know-about-medicare/ ------- Articles mentioned in this report: "Portfolio Risk Management: Accepting The Hard Truth" https://realinvestmentadvice.com/resources/blog/portfolio-risk-management-accepting-the-hard-truth/ "Meme Markets: Investing vs. Entertainment" https://realinvestmentadvice.com/resources/blog/meme-markets-investing-vs-entertainment/ ------- 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/ #BullishTrend #NegativeDivergence #MarketCorrection #PortfolioAllocation #PortfolioHedging #RiskManagement #20DMA #50DMA #100DMA #200DMA #RetirementPlanning #FinancialIndependence #RetireSmart #MoneyManagement #WealthBuilding #InvestingAdvice #Money #Investing

Think you can outsmart the market? Many DIY investors fall into the same traps: chasing hype, trying to time the market, concentrating in one hot sector, or lacking patience. Lance Roberts & Jonathan Penn break down five of the biggest mistakes DIY investors make — and why they can derail your financial future. They'll also explore swing trading vs. long-term investing: * How short-term trading chases quick wins with high risk. * Why long-term investing builds wealth through discipline, diversification, and compounding. * The bottom-line difference: Are you surfing market waves or planting financial trees? If you want to avoid costly missteps and grow wealth the smart way, this discussion is for you. SEG-1a: Employment Expectations & Revision Repercussions SEG-1b: Market Correction Could Rapidly Unwind Risky Positions SEG-2a: Graduation parties & Food Trucks SEG-2b: DIY Investing - Meme Markets SEG-2c: The FOMO Factor & Following the Herd SEG-2d: First Time Investing Mistakes - Bitcoin, Palantir, & Amazon SEG-2e: When the Herd is Right AND Wrong SEG-2f: You Cannot Time the Market SEG-2g: The Goal of Investing SEG-2h: Don't Be Afraid to Sell SEG-2i: Portfolio Management & Taxes SEG-2j: Investing is About Patience Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisors, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://youtu.be/9MJOE0l7L9Q -------- Register for our next RIA Dynamic Learning Series event, "Savvy Medicare Planning," September 18, 2025: https://realinvestmentadvice.com/resources/events/savvy-medicare-planning-what-baby-boomers-need-to-know-about-medicare/ ------- 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/ #BullishTrend #NegativeDivergence #MarketCorrection #PortfolioAllocation #20DMA #50DMA #100DMA #200DMA #InvestingAdvice #Money #Investing #InvestingMistakes #DIYInvestor #SwingTrading #LongTermInvesting #WealthBuilding #Investing #InvestingAdvice #Money #Investing

Why do investors struggle when it comes to selling stocks? Richard Rosso & Matt Doyle look at the psychology of investing—exploring concepts like loss aversion, behavioral finance traps, and the emotional biases that make it so hard to hit the sell button. Whether you're a DIY investor or managing money professionally, understanding why we hold on too long is critical to protecting and growing your wealth. * Why fear and regret drive poor sell decisions * The role of loss aversion in behavioral finance * Strategies for setting disciplined sell rules * How the best investors overcome emotional biases * Learn how to take the emotion out of investing and make smarter, more profitable decisions.

Nvidia reported earnings with strong overall results, but Wall Street was not impressed. Despite solid forward guidance, a data center revenue miss rattled investors and sent the stock lower. Lance Roberts & Michael Lebowitz break down Nvidia's earnings highlights, why guidance failed to wow the bulls, and what this means for tech stocks going forward; the ongoing soap opera that is the Federal Reserve: Jerome Powell, Lisa Cook, and dovish vs hawkish monetary policy stances; a discussion of the evolution of markets and investing as "entertainment." * Nvidia's Q2 2025 earnings breakdown * Why data center revenue is the market's key focus * How Wall Street is reacting to Nvidia's guidance * What this could mean for broader tech sector momentum

Taylor Swift's engagement has captured global attention—but does it matter for investors? Lance Roberts & Danny Ratliff examine why celebrity headlines dominate financial chatter, what it says about investor psychology, and why distraction often shows up near the peak of speculative markets. ✅ How celebrity news becomes a market “story” ✅ Why investors chase hype instead of fundamentals ✅ The risks of distraction during late-stage bull markets ✅ What Taylor Swift's engagement says about sentiment-driven investing Markets move on emotion as much as data—and when Wall Street obsesses over pop culture, it often signals froth. We'll show you why this cultural buzz might be less about Taylor Swift and more about where we are in the market cycle. SEG-1a: The Meme Market: Investing for Entertainment SEG-1b: Market Complacency Setting Up for Correction SEG-2a: Taylor Swift Engagement & Influence on Markets SEG-2b: The Cracker Barrel Capitulation SEG-2c: Nvidia Earnings Preview SEG-2d: The Government Takes a Stake in Intel SEG-2e: Lance Agrees with Danny. Twice! SEG-2f: Hot to Trade Collapse of French Government Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's video on YouTube: https://www.youtube.com/watch?v=FwYPTOh0PBk&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell, "Low Volatility Begets High Volatility" is here: http://bit.ly/4fTiayV -------- Our previous show, "Are Robo Advisors All They're Cracked Up to Be?" can be viewed here: https://www.youtube.com/watch?v=c1ZZOzPLRME&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles mentioned in this report: "Momentum Strategies And Physics: Mass And Velocity Matter" https://realinvestmentadvice.com/resources/blog/momentum-strategies-and-physics-mass-and-velocity-matter/ “Buy Every Dip” Remains The Winning Strategy…For Now https://realinvestmentadvice.com/resources/blog/buy-every-dip-remains-the-winning-strategyfor-now/ "Market Valuations Don't Matter…Until They Do" https://realinvestmentadvice.com/resources/blog/market-valuations-dont-matter-until-they-do/ ------- Register for our next RIA Dynamic Learning Series event, "Savvy Medicare Planning," September 18, 2025: https://realinvestmentadvice.com/resources/events/savvy-medicare-planning-what-baby-boomers-need-to-know-about-medicare/ ------- 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/ #BullishTrend #LowVolativity #HighVolativity #NegativeDivergence #MarketCorrection #MarketVolatility #NASDAQ #20DMA #TaylorSwift #StockMarket #MarketPsychology #Speculation #InvestingTrends #InvestingAdvice #Money #Investing

New investors often believe that higher risk equals higher reward—but that's not always the case. Lance Roberts & Jonathan Penn explore why newbie investors take on more risk than experienced ones, the common investing mistakes beginners make, and how risk management strategies can protect long-term wealth. From portfolio allocation to investor psychology, we'll compare how experienced vs. beginner investors approach risk and why discipline matters more than luck. If you're starting your investing journey, this discussion will help you avoid the traps that cost new investors money.