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Scott Wapner and the investment committee debate the state of stocks, the economy and your money. The calls of day are on Deere, Visa and Mastercard. We talk the energy trade as crude tracks for another weekly gain. The desk gets you setup for the earnings in the week ahead. And we take a look at Charles Schwab shares under pressure. Investment Committee Disclosures
Lately the data on the economy and the markets has been all over the place, making it hard for investors to get a good read on where things are headed. Some indexes are way up, while others are only up a few percent. Inflation has come way down but remains sticky—and the Fed is contemplating raising rates again. Consumers are spending a lot of money on travel and services, but retailers are starting to feel the pinch as spending patterns have changed. So how do investors make sense of all the data? Kevin Gordon, senior investment strategist with the Schwab Center for Financial Research, joins Mike Townsend to dig into what's behind the data, why key data points often need to be revised, and how investors can best interpret the information. They also share insights on the recession-versus-soft-landing debate, whether markets care about government shutdowns, and what to look for from the markets in Q4.Mike also provides updates on Congress careening toward a possible government shutdown later this fall, the confirmation of a trio of Federal Reserve Board nominees, and a recent IRS ruling that provides clarity on two key retirement savings initiatives.WashingtonWise is an original podcast for investors from Charles Schwab. For more on the series, visit Schwab.com/WashingtonWise.If you enjoy the show, please leave a ★★★★★ rating or review on Apple Podcasts. Important DisclosuresThe policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.Indexes are unmanaged, do not incur management fees, costs and expenses, and cannot be invested in directly.Past performance is no guarantee of future results.This information provided here is for general informational purposes only, and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, you should consult with a qualified tax advisor, CPA, Financial Planner, or Investment Manager.All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Diversification and asset allocation strategies do not ensure a profit and cannot protect against losses in a declining market.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.Lower rated securities are subject to greater credit risk, default risk, and liquidity risk.Small cap investments are subject to greater volatility than those in other asset categories.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.Apple, the Apple logo, iPad, iPhone, and Apple Podcasts are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.Google Podcasts and the Google Podcasts logo are trademarks of Google LLC.Spotify and the Spotify logo are registered trademarks of Spotify AB.0923-32FL
Diogo Monica is the cofounder and president of Anchorage Digital. In this interview we discuss:- Anchorage Digital's Crypto services- Anchorage becoming a federally chartered digital asset bank- Rise of institutional adoption of Crypto- Providing custody services for EDX Markets, a crypto exchange founded by Fidelity, Charles Schwab, and Citadel- Growth of institutional Ethereum staking- SEC custody rules- Outlook on the crypto market in the coming years
Episode 246 - Do you have enough money to be considered wealthy? A recent survey by Charles Schwab and Company has the answer.
Why do ocean waves move the way they do? How does a toaster work? How might ink flow through a ballpoint pen without the help of gravity? You may know the answer to these questions, but explaining them in detail could reveal an unexpected truth.In this episode of Choiceology with Katy Milkman, we look at why people think they understand things better than they actually do.The idea started at the dinner table. One of A.J. Jacobs' kids presented him with a seemingly simple task—thank the people who made his cup of coffee. A.J. took this task to heart and ended up visiting dozens of complex operations around the world, running into surprises at each destination.A.J. Jacobs is a journalist, lecturer, and human guinea pig. He is the author of Thanks A Thousand: A Gratitude Journey, about his journey to better appreciate coffee. Next, Katy speaks with Steven Sloman about his research on the illusion of explanatory depth—the idea that people think they have more knowledge than they do because it's easy to mistake community knowledge for your own. You can read more in Steven and Philip Fernbach's book, called The Knowledge Illusion: Why We Never Think Alone. Steven Sloman is a professor of cognitive, linguistic, and psychological sciences at Brown University. Choiceology is an original podcast from Charles Schwab. If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts.Important DisclosuresAll expressions of opinion are subject to change without notice in reaction to shifting market conditions.The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Investing involves risk including loss of principal.Short selling is an advanced trading strategy involving potentially unlimited risks, and must be done in a margin account. Margin trading increases your level of market risk. For more information please refer to your account agreement and the Margin Risk Disclosure Statement.All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.The book How to Change: The Science of Getting from Where You Are to Where You Want to Be is not affiliated with, sponsored by, or endorsed by Charles Schwab & Co., Inc. (CS&Co.). Charles Schwab & Co., Inc. (CS&Co.) has not reviewed the book and makes no representations about its content.(0923-3X4J)
How at risk are stocks especially if the Nasdaq faces continued weakness? Charles Schwab's Liz Ann Sonders gives her expert market forecast. Plus, star analyst Dan Ives says Apple concerns are overblown. He explains why … and how he is navigating the stock ahead of the company's big product event next week. And, Julia Boorstin breaks down the slump in media stocks today amid the ongoing drama between Disney and Charter.
Today's guest is Liz Ann Sonders, the Chief Investment Strategist of Charles Schwab. In today's episode, Liz Ann starts off by sharing some timeless lessons from her mentor, the great Marty Zweig! Then she shares her view of the economy and markets. She touches on earnings estimates, expectations for the Fed, market breadth, and where she sees opportunity going forward. (1:08) - Welcome Liz Ann to the show (1:28) - How Marty Zweig's sentiment indicators had a lasting impact on Liz Ann Sonders' approach (5:26) - Marty Zweig's Investing Rules (5:42) - Reminiscences of a Stock Operator (7:30) - Rukeyser's advice to Liz Ann: Explain finance so non-finance parents understand (10:01) - Understanding rolling recessions: A pandemic-era phenomenon (12:54) - Unprecedented weakness in leading indicators (LEI) hints at potential recession (15:49) - Housing market varies between existing/new and single/multifamily homes (19:27) - Fed's future path unclear (24:39) - Market's unpredictability and rich multiples require earnings growth for justification (39:30) - Emphasizing international diversification, especially in Japan (42:30) - Investors are turning to treasuries for yield (47:11) - Why this year feels like a "wall of worry" market (48:11) - Why the "get in, get out" approach to investing is gambling, not disciplined strategy (51:03) - What investment belief Liz Ann holds that most of her professional peers do not Learn more about Liz Ann: Charles Schwab; Twitter; ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Sponsor: Future Proof, The World's Largest Wealth Festival, is coming back to Huntington Beach on September 10-13th! Over 3,000 finance professionals and every relevant company in fintech, asset management and wealth management will be there. It's the one event that every wealth management professional must attend! Sponsor: Today's episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world's largest institutions, funds, and money managers. Subscribe for free here. Follow The Idea Farm: Twitter | LinkedIn | Instagram | Tik Tok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!
This week our host Brandi Starr is joined by Stosh D. Walsh, Founder and Managing Principal at Constant Organizational Development. Stosh D. Walsh serves leaders and their organizations as a consultant, coach, facilitator, speaker, and writer. His direct, insightful, and encouraging style invites individuals and organizations to live with greater courage and create the best world they can envision. He began his career in traditional education settings, honing his leadership as a classroom teacher for middle school through college, and as a university residence life director and athletics coach. After those experiences, he spent nearly a decade with The Gallup Organization as part of their executive leadership practice, where he contributed to the best-selling Strengths Based Leadership, won several awards as Gallup's top presenter in his practice category, and published 2 articles: Five Questions You Must Ask Your Team". Gallup Business Journal, May 2013-subsequently named top read article of 2013, and "Leadership is More Than the C-Suite". Gallup Business Journal, September 2013. Stosh is an expert in strengths-based organizational development, including leadership and executive coaching, employee engagement, and talent management, having spent thousands of hours consulting, coaching, and training on each. He has also been a TEDx speaker and is the author of Along the Way: Leadership Stories from Everyday Life (2012). Over the course of his career, Stosh has delivered keynotes, facilitated workshops, and coached leaders in both non-profit and for-profit organizations, including many Fortune 500 companies. His experience spans a wide variety of industries, including healthcare, financial services, automotive, government, retail and manufacturing, a partial client list of which includes GE, HP, Boeing, Microsoft, Cardinal Health, Johnson & Johnson, State Farm, Caterpillar, Northrup Grumman, Alcoa, Johnson Controls, US Bank, Old Navy, Banana Republic, Waste Management, Kiewit, Stryker, Eastman Chemical, Harley Davidson, Charles Schwab, McKinsey, Federal Aviation Administration and Kohler. Stosh's formal education includes a BA in Education and an MA in Leadership. His other interests include photography, hiking, tattoos, good whisky, and spending time with his wife and 2 children. On the couch in this weeks' episode, Brandi and Stosh will tackle: The Heart of Success: A Leader's Guide to Highly Engaged Teams. Links: Get in touch with Stosh Walsh on: LinkedIn Instagram Facebook Constant Organizational Development YouTube Podcast: Insubordinate Subscribe, listen, and rate/review Revenue Rehab Podcast on Apple Podcasts, Spotify, Google Podcasts , Amazon Music, or iHeart Radio and find more episodes on our website RevenueRehab.live
Are you relying on the traditional 4% rule for retirement? Think again. According to Charles Schwab, the average person saves only $44,000 but needs over $1 million to retire comfortably. Selling off your assets to cover bills isn't a sustainable solution - it diminishes your returns and leaves nothing for the future. Del Walmsley explains why fear should not hold you back and why NOW is the perfect time to invest in real estate! Discover how members of Lifestyles Unlimited are earning impressive returns with minimal investments. Like the financial crisis of 2008-2009, there's a 12 to 36-month opportunity for strategic real estate investments. Don't wait for interest rates to drop, seize the chance to buy undervalued properties with long-term growth potential. It's time to take action and secure your financial future! Click to Listen Now
If you are a current client and are dealing with the TD Ameritrade/Charles Schwab Transition, this episode is for you. Brett sits down with our Client Services Director, Katie Sano, and dives into the frequently asked questions regarding the transition and how it affects our clients. Here's to wise investing, Brett Pattison & Katie Sano
Charles Schwab's Tom Generazio goes in-depth on best ETF trading practices. Armada ETFs' Phil Bak spotlights the Private Real Estate Strategy via Liquid REITs ETF (PRVT). VettaFi's Todd Rosenbluth discusses bitcoin ETFs, F/m Investments’ mutual fund share class filing, Cramer ETFs, physical gold ETFs, and more.
What is the difference between buying groceries for the whole week versus grabbing something to eat on the way home each day? Grouping choices together so that you make a bunch of selections all at once can seem daunting, but it can actually help you reach your goals faster.In this episode of Choiceology with Katy Milkman, we look at how taking a bird's eye view on a series of selections can help create better results overall.Most sports teams take years to establish themselves as contenders. But sometimes, a brand-new team is able to use its inception—a one-time opportunity to build something up from scratch—to its advantage. Las Vegas finally got its first professional sports team in 2017 with an NHL team called the Golden Knights. The initial reaction to the team's roster was muted at best. The players they chose were drafted from teams that did not want them. But a surprising playoff run in the team's first year hinted at what was yet to come for the newcomers, dubbed the "Golden Misfits."Gary Lawless recounts the underdog story that shocked the hockey world.Gary Lawless is a hockey writer working for the 2023 Stanley Cup winners, the Vegas Golden Knights. He is also the author of Vegas Golden Knights 2023 Stanley Cup Champions Book: "It Hurts to Win."Next, Katy speaks with Erika Kirgios about research that shows how wider versus narrower choice "brackets" can affect selection decisions. You can read more in the paper Erika co-authored with Katy and others, called The Isolated Choice Effect and Its Implications for Gender Diversity in Organizations.Erika Kirgios is an assistant professor in the behavioral science department at the University of Chicago Booth School of Business. Erika is a former PhD student of Katy's at the University of Pennsylvania's Wharton School of Business.Choiceology is an original podcast from Charles Schwab. For more on the series, visit schwab.com/podcast.If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts.Important DisclosuresAll expressions of opinion are subject to change without notice in reaction to shifting market conditions.The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Investing involves risk including loss of principal.Diversification strategies do not ensure a profit and do not protect against losses in declining markets.All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request. The book How to Change: The Science of Getting from Where You Are to Where You Want to Be is not affiliated with, sponsored by, or endorsed by Charles Schwab & Co., Inc. (CS&Co.). Charles Schwab & Co., Inc. (CS&Co.) has not reviewed the book and makes no representations about its content.(0823-3XFF)
Can you imagine losing an entire industry and seeing nearly a trillion dollars walk out of your state? That's the unfathomable reality for New York and California. Through the lens of our in-depth analysis, we'll expose how companies like Elliott Management, Alliance Bernstein, and Charles Schwab have uprooted from these states, taking with them valuable jobs and tax revenue. We've studied Bloomberg's corporate filings of over 17,000 firms since the end of 2019 and we're diving deep into the global pandemic's impact, the surge in remote work, and the allure of lower-tax states. We'll also call out the irony of politicians and celebrities who condemn these moves while quietly doing the same. In a surprising twist, the number of tattoo parlors and microbreweries in a city are now significant factors influencing where businesses relocate. Wondering how that works and why Portland, the city with a high count of both, is being touted as the coolest city in the U.S.? We'll explain this and much more, including the consequences of the major business exodus from places like New York and California. What does it mean for cities like Portland? What does the future hold for these cities and how will they support an influx of new businesses? Prepare for a provocative conversation that will challenge your preconceptions and reveal the fascinating motivations driving these massive shifts.Support the show
Hoy a Charles Schwab, un gran inversor además de emprendedor. Revolucionó el mundo de los brókers con su firme apuesta por ponerlo al alcance del inversor particular. ¿Quieres saber cómo lo hizo?
Holding on to hope that mortgage rates could hit four or even three percent again? Unfortunately, that doesn't look likely, at least to Liz Ann Sonders, Chief Investment Strategist at Charles Schwab. While Liz spends most of her waking hours thinking about the stock market, she always has her finger on the overall economic pulse. Whether it be bond yields, mortgage rates, economic cycles, or banking crises, Liz Ann needs to know market moves in order to manage Charles Schwab's $8 TRILLION in assets. For most heavy real estate investors, the stock market is confusing at best and a game of chance at worst, but NOT knowing what's happening in one of the largest investment markets in the world could be to your detriment. Since the stock market moves quicker and reacts to economic data at almost instant speed, real estate investors can get ahead by popping out of the property market we're so preoccupied with. In today's episode, Liz Ann not only touches on the state of the stock market but why so many investors are acting out of pure emotion (and not logic), the effect rising bond yields will have on mortgage rates, why savvy investors refuse to “fight the fed,” and the “rolling recession” that could explain 2023's constant economic hills and valleys. In This Episode We Cover: The “rolling recession” and why its economic effects won't hit us all at once Why mortgage rates won't go back to 2021 levels EVEN when bond yields fall The psychology of emotional investing and why most investors are forfeiting data when making decisions New “bullish” signs from stock investors and what they're investing in Why waiting for a recession to invest could be a MASSIVE financial mistake And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram The Fed Just Got One More Reason to Hike Mortgage Rates Is Now the Best Time to Get Into the Stock Market? Connect with Liz: Liz on Charles Schwab Liz's Twitter/X Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-134 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
Organizations merging or being acquired is commonplace in nearly every field. In the world of finance, the recent acquisition of TD Ameritrade by Charles Schwab has some investors concerned. Today, John Walker, Regional Vice President, Mercer Advisors, answers many questions and explains the impact of the two companies becoming one. Listening Time: 15 minutes Mercer-Cordasco Disclosure Information Visit Our Website Join Our Email List Additional Mercer Advisors Disclosure Cordasco Financial Network is a tradename. All services provided by Cordasco Financial Network investment professionals are provided in their individual capacities as investment adviser representatives of Mercer Global Advisors Inc. (“Mercer Advisors”), an SEC-registered investment adviser principally located in Denver, Colorado, with various branch offices throughout the United States doing business under different tradenames, including Cordasco Financial Network. Mercer Advisors is not a law firm and does not provide legal advice to clients. All estate planning document preparation and other legal advice are provided through Advanced Services Law Group, Inc.
David Keller, chief market strategist at StockCharts.com -- president of Sierra Alpha Research -- says that growth stocks are overextended and he expects that to unwind -- especially for the so-called 'Magnificent Seven' -- leading to choppiness for the rest of the third quarter before an end-of-year rally, with longer-term conditions weakening entering the New Year. Keller notes that forecast maps well with what most observers would have expected entering a pre-election year. Also on the show, John Cole Scott of Closed-End Fund Advisors, discusses the data and research behind building a portfolio of closed-end funds, Joe Mazzola of Charles Schwab covers the firm's Q3 Trader Sentiment Survey and where traders believe the market is headed, and Matt Lindholm, portfolio manager at CAZ Investments, talks thematic investing and growth-at-a-reasonable-price in the Market Call.
Equity Unpacked®is an original podcast from Charles Schwab. The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab. Brokerage Products: Not FDIC-Insured • No Bank Guarantee • May Lose ValueThis profile is designed for U.S. residents. Non-U.S. residents are subject to country-specific restrictions. Learn more about our services for non-U.S. residents.©2023 Charles Schwab & Co., Inc. All rights reserved. Unauthorized access is prohibited. Usage will be monitored. (0823-3ARX)
Phoenix Raceway (yes NASCAR) announced Latasha Causey, a Phoenix native and longtime community development executive, as the new track president at Phoenix Raceway. Causey is the first black women track president in NASCAR history and the second woman to hold the position at Phoenix Raceway!Growing up near the Phx Raceway Madam President Causey never envisioned working in NASCAR or a job in sports even as a big sports fan. NASCAR is a growing frontier for the culture. Please listen as Latasha shared how she got her start and how fake fingernails & Charles Schwab background has her racing to the checkered flags! Tap in to this episode... find the meaning behind "Suite 33"To connect with Latasha Causey:IG: @phxracewayprezLinked in: https://www.linkedin.com/in/latasha-causey-phr-78a65b4/More on Phoenix Raceway:IG: @phoenixracewayX: @phoenixracewayWeb: https://www.phoenixraceway.com/For more Black in Sports additional content on our podcast see below:linktree: https://linktr.ee/blackinsports |Facebook - https://www.facebook.com/blackinsports |YouTube - @blackinsports |Instagram - @blackinsports |Twitter - @blackinsports |Website - https://www.blackinsports.com/ |Thank you & we appreciate you!#awardwinningpodcast #bestsportspodcast #blackpodwinner #fortheculture #blackinsports #sportsbusiness #podcast #tellingblackstories #blackowner #Blackeffect #sportsbiz #BlackPlayersForChange #sportsnews #blackowned #blackmedia #HBCU #blackpodcastmatter #blackmen #blackeffect #LatashaCausey #blackpresident #blackwomenpresident #nascar #blackinnascar #phxspeedway #phoenixraceway #cupchampionship #arizona #asu #drivefordiversity #blackenterprise
It's the Business News Headlines for Tuesday the 22nd day of August and kids from all across the State of Iowa are headed back to school tomorrow. It's only fitting then that we should sit down with the Superintendent of the Des Moines Public Schools Dr. Ian Roberts who has an amazing background and passion for education. You'll want to stick around and listen to that conversation. And, thanks for being here and, if you're on Threads you can find us @Insight_On_Business. And you can hook up with us all day on Twitter or "X" @IOB_NewsHour and on Instagram. Here's what we've got for you today: Housing, Rates and Inventory; About those mortgage rates; Macy's made retail news today; So too did Dick's Sporting Goods; Charles Schwab to cut jobs and office space and why; The Wall Street Report; The FAA to investigate way too many close calls. For the interview you'll meet an amazing person who recently took on the position as Superintendent of the Des Moines Public Schools. We sat down with Dr. Ian Roberts the day before students head back into the classroom and what a conversation. You will hear it in his voice...the passion he has for each student and every staff member in the district. We found him to be...an exciting leader. To listen to that conversation click this link. Thanks for listening! The award winning Insight on Business the News Hour with Michael Libbie is the only weekday business news podcast in the Midwest. The national, regional and some local business news along with long-form business interviews can be heard Monday - Friday. You can subscribe on PlayerFM, Podbean, iTunes, Spotify, Stitcher or TuneIn Radio. And you can catch The Business News Hour Week in Review each Sunday Noon on News/Talk 1540 KXEL. The Business News Hour is a production of Insight Advertising, Marketing & Communications. You can follow us on Twitter @IoB_NewsHour...and on Threads @Insight_On_Business.
Audio of YouTube video for Cantu Tactical Wealth Management clients and customers.
Shares in Dick's Sporting Goods and Macy's fall after weaker quarterly earnings and tepid profit forecasts. Plus: EV-maker VinFast surges, Charles Schwab shares fall after announcing plans to trim staff and office space. Danny Lewis reports Learn more about your ad choices. Visit megaphone.fm/adchoices
Today's financial landscape is more complex than ever, encompassing a huge range of investment opportunities. Yet, the advancement of technology has made moving money easier and faster than ever before. While some investors enjoy making financial decisions on their own, this can be an overwhelming experience for others. Many people want to hire a financial advisor to assist in their financial decision-making. But how do you go about finding the right advisor to achieve their goals? How do you get started?On this episode of Financial Decoder, Mark speaks with Bryan Olson, head of Investor Advice Solutions at Schwab and president of Schwab Wealth Advisory™. They discuss the reasons why someone might seek a financial advisor, the different designations of advisor, what questions to ask a potential advisor, and how to find the right one for you.Follow Financial Decoder for free on Apple Podcasts or wherever you listen.Financial Decoder is an original podcast from Charles Schwab. For more on the series, visit Schwab.com/FinancialDecoder.If you enjoy the show, please leave us a rating or review on Apple Podcasts. Important DisclosuresInvesting involves risk including loss of principal.There are certain eligibility requirements for working with a dedicated Financial Consultant.The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. All expressions of opinion are subject to changes without notice in reaction to shifting market, economic, and geopolitical conditions.Data herein is obtained from what are considered reliable sources; however, its accuracy, completeness, or reliability cannot be guaranteed. Supporting documentation for any claims or statistical information is available upon request.This information does not constitute and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner, or investment manager.Diversification strategies do not ensure a profit and do not protect against losses in declining markets.Portfolio Management provided by Schwab Wealth Advisory, Inc., a Registered Investment Adviser and affiliate of Charles Schwab & Co., Inc. (Schwab). Please read the Schwab Wealth Advisory and the Schwab Wealth Advisory, Inc. Disclosure Brochures for information and disclosures about this program. The Wealth Advisor, Associate Wealth Advisor, and other representatives making investment recommendations in your Schwab Wealth Advisory accounts are employees of Schwab Wealth Advisory, Inc.This content is made available and managed by Charles Schwab & Co., Inc. ("Schwab"). The purpose of this information is to educate investors about working with an independent Registered Investment Advisor (RIA). The RIAs and their representatives featured here use Schwab Advisor Services for custody, trading, and operational support. Inclusion should not be construed as a recommendation, an endorsement, or a sponsorship by Schwab. Many independent RIAs and other financial services professionals receive compensation for services in a variety of ways. It is the responsibility of each investor to determine which method of compensation offers the lowest total costs and best serves the interests and needs of the investor.Apple, the Apple logo, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.Android is a trademark of Google LLC. Use of this trademark is subject to Google Permissions.Spotify and the Spotify logo are registered trademarks of Spotify AB.(0823-3JN1)
Today's financial landscape is more complex than ever, encompassing a huge range of investment opportunities. Yet, the advancement of technology has made moving money easier and faster than ever before. While some investors enjoy making financial decisions on their own, this can be an overwhelming experience for others. Many people want to hire a financial advisor to assist in their financial decision-making. But how do you go about finding the right advisor to achieve their goals? How do you get started?On this episode of Financial Decoder, Mark speaks with Bryan Olson, head of Investor Advice Solutions at Schwab and president of Schwab Wealth Advisory™. They discuss the reasons why someone might seek a financial advisor, the different designations of advisor, what questions to ask a potential advisor, and how to find the right one for you.Follow Financial Decoder for free on Apple Podcasts or wherever you listen.Financial Decoder is an original podcast from Charles Schwab. For more on the series, visit Schwab.com/FinancialDecoder.If you enjoy the show, please leave us a rating or review on Apple Podcasts. Important DisclosuresInvesting involves risk including loss of principal.There are certain eligibility requirements for working with a dedicated Financial Consultant.The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. All expressions of opinion are subject to changes without notice in reaction to shifting market, economic, and geopolitical conditions.Data herein is obtained from what are considered reliable sources; however, its accuracy, completeness, or reliability cannot be guaranteed. Supporting documentation for any claims or statistical information is available upon request.This information does not constitute and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner, or investment manager.Diversification strategies do not ensure a profit and do not protect against losses in declining markets.Portfolio Management provided by Schwab Wealth Advisory, Inc., a Registered Investment Adviser and affiliate of Charles Schwab & Co., Inc. (Schwab). Please read the Schwab Wealth Advisory and the Schwab Wealth Advisory, Inc. Disclosure Brochures for information and disclosures about this program. The Wealth Advisor, Associate Wealth Advisor, and other representatives making investment recommendations in your Schwab Wealth Advisory accounts are employees of Schwab Wealth Advisory, Inc.This content is made available and managed by Charles Schwab & Co., Inc. ("Schwab"). The purpose of this information is to educate investors about working with an independent Registered Investment Advisor (RIA). The RIAs and their representatives featured here use Schwab Advisor Services for custody, trading, and operational support. Inclusion should not be construed as a recommendation, an endorsement, or a sponsorship by Schwab. Many independent RIAs and other financial services professionals receive compensation for services in a variety of ways. It is the responsibility of each investor to determine which method of compensation offers the lowest total costs and best serves the interests and needs of the investor.Apple, the Apple logo, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.Android is a trademark of Google LLC. Use of this trademark is subject to Google Permissions.Spotify and the Spotify logo are registered trademarks of Spotify AB.(0823-3JN1)
Professor Jerome Katz, Chaifetz School of Business at Saint Louis University joins Megan and Debbie discussing TD Amertrade and Charles Schwab and US steel.
Scientifically sound, randomized experiments can be expensive and difficult to run. But there's an alternative: It turns out that certain real-life situations can also generate useful scientific data. The trick is finding them.In this episode of Choiceology with Katy Milkman, we look at how events outside of our control can create opportunities for so-called natural or accidental experiments. The organizers of a heroic airlift transporting thousands of Ethiopian Jews to Israel broke the record for the flight with the most passengers. It was 1994, and the clock was ticking for Israeli intelligence personnel and leaders of the Ethiopian Jewish community as they worked to transport as many people as possible before the civil war closed in on Addis Ababa. This desperate effort, dubbed Operation Solomon, would change the lives of the Ethiopian Jews in surprising and unintended ways. Stephen Spector is a professor of religions and culture and medieval English at Stony Brook University. He's also the author of Operation Solomon: The Daring Rescue of the Ethiopian Jews.Solomon Ezra is an active member of the Ethiopian and Jewish communities in Portland, Oregon, and was a ground operations leader during Operation Solomon. Donna Rosenthal is the author of The Israelis: Ordinary People in an Extraordinary Land.Next, Katy speaks with Steven Levitt about how to spot natural experiments and why they can provide such unique information about human behavior.Steven Levitt is the William B. Ogden Distinguished Service Professor of Economics at the University of Chicago, co-author of the bestselling book Freakonomics, and the host of a Freakonomics Radio podcast called People I Mostly Admire.Choiceology is an original podcast from Charles Schwab. For more on the series, visit schwab.com/podcast.If you enjoy the show, please leave a ⭐⭐⭐⭐⭐ rating or review on Apple Podcasts. Important DisclosuresAll expressions of opinion are subject to change without notice in reaction to shifting market conditions.The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab.Data contained herein from third party providers is obtained from what are considered reliable source. However, its accuracy, completeness or reliability cannot be guaranteed and Charles Schwab & Co. expressly disclaims any liability, including incidental or consequential damages, arising from errors or omissions in this publication. The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Investing involves risk, including loss of principal.The book, How to Change: The Science of Getting from Where You Are to Where You Want to Be, is not affiliated with, sponsored by, or endorsed by Charles Schwab & Co., Inc. (CS&Co.). Charles Schwab & Co., Inc. (CS&Co.) has not reviewed the book and makes no representations about its content.(0823-30U5)
I met Steve though my good friend Justin Schenck and one reel shared. At that moment I knew I needed to bring him on my show. His story is crazy epic, his passion to help people build a life they love is monumental and his care for people comes from every word. Steve Napolitan is a #1 international bestselling author, award-winning marketer, and international speaker. He has made millions for his clients and has worked with companies such as Apple, Intel, Charles Schwab, and Nestle. Steve went from overworked, stressed out, beyond burnout, working 80+ hour weeks to less than 40hrs now and living the life he dreamed with his wife and children. With More Business More Life, Steve typically works with entrepreneurs and CEO/Founders who have found success, but are not living the life they desire. He's helped his clients reach millions in additional revenue, while helping them design the life they want and live it now. You can reach him through stevenapolitan.com If you want to connect with the host Joe Graham with questions or looking to level up your sales process go to Joseph Graham - 150K Podcast (150kconsulting.com)
UPS reports earnings this morning as investors look for commentary on margins, volume, and the cost of labor negotiations. Bernstein's David Vernon lays out the set-up. Plus, it's been a rough few days for Apple since the company reported quarterly results. D.A. Davidson's Tom Forte explains. And, with futures pointing towards a lower open, how much further can this year's rally go? Wall Street Alliance Group's Aadil Zaman and Charles Schwab's Jeffrey Kleintop weigh in.
Many people's financial lives are deeply intertwined with their employee benefits. Saving for retirement in a 401(k) is a vital part of many of our financial plans. And an increasing number of employees receive restricted stock units as part of their compensation package—or they enroll in their employer's Employee Stock Purchase Plan. Is there a holistic approach to treating financial planning when so much is tied to one's employer?In episode of Financial Decoder, we dig into the details of how to maximize your workplace benefits. First, Mark speaks with Brian Bender, head of Workplace Financial Services at Schwab. They discuss the three most important things people need to know about their 401(k) plan, changing jobs, how to get more engaged in your retirement savings, what learning resources are available, and much more.Next, Mark talks with Chris Genetti. Chris is a CERTIFIED FINANCIAL PLANNER™ professional and corporate financial consultant at Schwab, based in Santa Clara, California. Mark and Chris discuss the role of equity compensation in a financial plan, what financial wellness looks like, and some new directions in employee benefits.Follow Financial Decoder for free on Apple Podcasts or wherever you listen.Financial Decoder is an original podcast from Charles Schwab. For more on the series, visit Schwab.com/FinancialDecoder.If you enjoy the show, please leave us a rating or review on Apple Podcasts. Important Disclosures:Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges and expenses. You can obtain a prospectus, or if available, a summary prospectus by visiting schwabassetmanagement.com. Please read it carefully before investing.The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.This information does not constitute and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner, or investment manager.Diversification strategies do not ensure a profit and do not protect against losses in declining markets.Supporting documentation for any claims or statistical information is available upon request.A rollover of retirement plan assets to an IRA is not your only option. Carefully consider all of your available options which may include but not be limited to keeping your assets in your former employer's plan; rolling over assets to a new employer's plan; or taking a cash distribution (taxes and possible withdrawal penalties may apply). [Prior to a decision, be sure to understand the benefits and limitations of your available options and consider factors such as differences in investment related expenses, plan or account fees, available investment options, distribution options, legal and creditor protections, the availability of loan provisions, tax treatment, and other concerns specific to your individual circumstances.Money market funds are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors.Schwab Stock Plan Services provides equity compensation plan services and other financial services to corporations and employees through Charles Schwab & Co., Inc. ("Schwab"). Schwab, a registered broker‐ dealer, offers brokerage and custody services to its customers.Workplace Financial Services is a business enterprise which offers products and services through Schwab Retirement Plan Services, Inc.; Schwab Stock Plan Services; and Designated Brokerage Services. Schwab Retirement Plan Services, Inc., provides recordkeeping and related services with respect to retirement plans. Schwab Stock Plan Services is a division of Charles Schwab & Co., Inc. providing equity compensation plan services and brokerage solutions for corporate clients. Schwab Designated Brokerage Services (DBS), a division of Charles Schwab & Co., Inc., provides technology solutions for corporate clients with regulatory requirements to monitor employee security transactions. which. Schwab Retirement Plan Services, Inc., and Charles Schwab & Co., Inc. (“Schwab”) (Member SIPC) are separate but affiliated entities, and each is a subsidiary of The Charles Schwab Corporation.Vesting means ownership of your account or your entitlement to benefits. You are always 100% vested in any contributions that you make to your retirement plan, even if you leave your employer. However, depending on what type of retirement plan you have and the choices your employer has made about the benefits under the plan, vesting of employer contributions may be immediate or may take up to seven years. Your plan's disclosure documents will contain the specific vesting schedule.(0823-33SL)
Ep. 153: This prominent businessman serves on the board of directors at TD Ameritrade, a company founded by his father, and acquired by Charles Schwab in 2020. Whether it is financial services or sports, Ricketts is a big believer in the power of culture, a belief that was reinforced after he donned a fake beard and glasses on Undercover Boss. Working odd jobs around Wrigley field, Ricketts discovered something that vindicated his family's focus on culture: “a contagious love for the organization.” The leadership lesson, said Ricketts, is as clear and crisp as a walk-off homer: “People should seek to be a part of something bigger than themselves and have a love for the organization in which they work.” Our BONUS RESOURCE for this episode includes fill-in-the-blank notes and reflection questions. Click here to download the bonus resource. If these lessons resonated with you, connect with me and my team at maxwellleadership.com/don and together we can next-level your company culture! Special thanks to Lauren Hafner and Samantha Clark for making this episode possible.
Jeffrey Kleintop, chief global market strategist at Charles Schwab and Co., says that the cardboard box recession of the last year -- which affected manufacturing and trade sectors, effectively 'everything that goes in a cardboard box' -- has allowed the economy and market to push forward despite potential troubles, but now he sees difficult conditions hitting some of the service sectors which could lead to worse economic conditions. While he is not expecting a hard landing -- although he notes that the weather could be a surprising economic factor -- Kleintop expects volatility and conditions that favor international investments, particularly in Japan and India. Meanwhile, Kendall Dilley of Vineyard Global Advisors says that the market's technicals are pointing to a downturn, but showing enough strength that any correction should be a buying opportunity. Plus, Robbie Burns -- 'The Naked Trader' discusses 'The Naked Trader's Book of Trading Strategies', and forensic accountant Tracy Coenen talks about whether finding the money actually leads to recovering it and getting a payoff in the latest edition of 'Find Me The Money.'
If you ask when the right time is to claim your social security benefits, you may hear "wait until 70 to maximize your benefit", or "don't wait, because it has no estate value and who knows what tomorrow will bring". Steve and Nathan explain why both of these social security claiming strategies are valid, but neither accounts for the whole picture. Also, our MoneyTalk Moment in Financial History covers Charles Schwab and the advent of retail investing. Hosts: Steven Beauvais & Nathan Beauvais CFP®, CIMA®; Guest: Daniel Sowa; Air Date: 7/26/2023. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!See omnystudio.com/listener for privacy information.
When it comes to transformational technology, artificial intelligence is expected to rival the internet in its impact. For many investors, there is a fear of missing out—but there are also challenges sorting through all the companies making claims about their AI capabilities. Randy Frederick, managing director for trading and derivatives at the Schwab Center for Financial Research, joins host Mike Townsend to discuss the disruptive nature of AI, where the technology is headed, and what investors need to look for in companies touting their AI credentials. They also look at the risks involved in AI investing and whether lessons learned from the dot-com bubble in the late 1990s can be applied to the AI buzz today.Mike also provides updates on the Fed's latest interest rate hike and the likelihood of one more hike before year end. And he lays out the serious time crunch Congress is facing to pass the 12 appropriations bills that fund every federal agency and program for the next fiscal year before the October 1 government shutdown deadline. He also reports on how the hoped-for bipartisanship on regulating cryptocurrency is fading on Capitol Hill.WashingtonWise is an original podcast for investors from Charles Schwab. For more on the series, visit Schwab.com/WashingtonWise.If you enjoy the show, please leave a ★★★★★ rating or review on Apple Podcasts. Important DisclosuresThe policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.Indexes are unmanaged, do not incur management fees, costs and expenses, and cannot be invested in directly.Past performance is no guarantee of future results.All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Digital currencies, such as bitcoin, are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view Bitcoin as a purely speculative instrument.Diversification and asset allocation strategies do not ensure a profit and do not protect against losses in declining markets.Schwab Equity Ratings and the general buy/hold/sell guidance are not personal recommendations for any particular investor or client and do not take into account the financial, investment or other objectives or needs of, and may not be suitable for, any particular investor or client. Investors and clients should consider Schwab Equity Ratings as only a single factor in making their investment decision while taking into account the current market environment.0723-39NP
Alex and Ryan have a conversation about interest rates and the stock market. We have recently been in an extended Bear market in '22. In '23 the market has turned around a bit and we have entered a new Bull market. Having a long-term plan and sticking to it can pay nice dividends over time. They also mention a study from Charles Schwab that took a look at what amount of money do people feel and think they are wealthy. There are some other interested trends that were laid out in the study. Listen to learn more!
Risk management is one of the most important parts of financial planning. But we seldom consider how those risks evolve as we get older. It's just one of many blind spots that can leave investors of all ages vulnerable. Many people might expect to protect their senior or vulnerable parents, but the risk-management process should begin much earlier when you make your own financial plan.In this episode, Mark speaks with Joel Sauer, director for senior and vulnerable investor investigations in Schwab's Financial Crimes Risk Management division. They discuss how aging affects financial decision-making. Joel goes into detail about some of the various scams that investors need to understand in order to avoid them. Next, Mark talks with Nancy Murphy. Nancy is a CERTIFIED FINANCIAL PLANNER™ professional and Accredited Estate Planner with extensive experience in a broad range of investment and financial-planning issues. She and Mark discuss building a plan to account for the pandemic and which legal documents are essential for helping to mitigate aging risks. Financial Decoder is an original podcast from Charles Schwab. Rebroadcast was edited for clarity.To learn more, visit Schwab.com/FinancialDecoder.If you enjoy the show, please leave a rating or review on Apple Podcasts. Important Disclosures:The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Investing involves risk including loss of principal.Past performance is no guarantee of future results.This information does not constitute and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner, or investment manager.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party. (0723-39D0)
Risk management is one of the most important parts of financial planning. But we seldom consider how those risks evolve as we get older. It's just one of many blind spots that can leave investors of all ages vulnerable. Many people might expect to protect their senior or vulnerable parents, but the risk-management process should begin much earlier when you make your own financial plan.In this episode, Mark speaks with Joel Sauer, director for senior and vulnerable investor investigations in Schwab's Financial Crimes Risk Management division. They discuss how aging affects financial decision-making. Joel goes into detail about some of the various scams that investors need to understand in order to avoid them. Next, Mark talks with Nancy Murphy. Nancy is a CERTIFIED FINANCIAL PLANNER™ professional and Accredited Estate Planner with extensive experience in a broad range of investment and financial-planning issues. She and Mark discuss building a plan to account for the pandemic and which legal documents are essential for helping to mitigate aging risks. Financial Decoder is an original podcast from Charles Schwab. Rebroadcast was edited for clarity.To learn more, visit Schwab.com/FinancialDecoder.If you enjoy the show, please leave a rating or review on Apple Podcasts. Important Disclosures:The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.All corporate names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Investing involves risk including loss of principal.Past performance is no guarantee of future results.This information does not constitute and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner, or investment manager.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party. (0723-39D0)
In this "Throwback Thursday" HCI Podcast episode, Dr. Jonathan H. Westover talks with Cynthia Owyoung about her book, All Are Welcome: How to Build a Real Workplace Culture of Inclusion That Delivers Results. Cynthia Owyoung (https://www.linkedin.com/in/cowyoung/) is Robinhood's Vice President of Inclusion, Equity and Belonging, partnering with business leaders, employee resource groups and the people experience team to support Robinhood's mission to democratize finance for all. Cynthia is also the Founder of Breaking Glass Forums, developing strategies to accelerate diverse leadership and inclusive organizations. She has established and led diversity, equity and inclusion initiatives for over 15 years as an executive at organizations in multiple industries, including Charles Schwab, GitHub, and Yahoo!. Part of the LinkedIn Podcast Network #LinkedInPresents Further explore the topics discussed in this episode with the new HCIConsulting Chatbot: https://poe.com/HCIConsulting. Please consider supporting the podcast on Patreon and leaving a review wherever you listen to your podcasts! Check out Manifest at at https://bit.ly/manifesthci. Check out CrowdHealth and start your free trial at joincrowdhealth.com and use promo code HCI. Check out the HCI Academy: Courses, Micro-Credentials, and Certificates to Upskill and Reskill for the Future of Work! Check out the LinkedIn Alchemizing Human Capital Newsletter. Check out Dr. Westover's book, The Future Leader. Check out Dr. Westover's book, 'Bluer than Indigo' Leadership. Check out Dr. Westover's book, The Alchemy of Truly Remarkable Leadership. Check out the latest issue of the Human Capital Leadership magazine. Each HCI Podcast episode (Program, ID No. 627454) has been approved for 0.50 HR (General) recertification credit hours toward aPHR™, aPHRi™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Each HCI Podcast episode (Program ID: 24-DP529) has been approved for 0.50 HR (General) SHRM Professional Development Credits (PDCs) for SHRM-CP and SHRM-SCPHR recertification through SHRM, as part of the knowledge and competency programs related to the SHRM Body of Applied Skills and Knowledge™ (the SHRM BASK™). Human Capital Innovations has been pre-approved by the ATD Certification Institute to offer educational programs that can be used towards initial eligibility and recertification of the Certified Professional in Talent Development (CPTD) and Associate Professional in Talent Development (APTD) credentials. Each HCI Podcast episode qualifies for a maximum of 0.50 points. Learn more about your ad choices. Visit megaphone.fm/adchoices
In der heutigen Folge „Alles auf Aktien“ sprechen die Finanzjournalisten Anja Ettel und Daniel Eckert über neue Übernahmefantasie bei Covestro, einen deutschen Software-Twentybagger und das Comeback der US-Banken. Wir verbreiten Hoffnung für die private Altersvorsorge in Deutschland und setzen auf hidden und weniger hidden champions. Außerdem geht es um Abu Dhabi National Oil Company (Adnoc), Vonovia, TAG Immobilien, Atoss Software, Knorr-Bremse, Rational, Charles Schwab, Bank of America, Morgan Stanley, Microsoft, Apple, Alphabet, ASML Holding, Samsung Electronics und Taiwan Semiconductor (TSMC), LVMH, L'Oréal, Fortinet, Münchener Rück (Munich Re), Nvidia, Airbus, London Stock Exchange, Safran, iShares Dow Jones Global Titans 50 (WKN: 628938), Xtrackers MSCI World Quality Factor (WKN: A1103D) und VanEck Morningstar Global Wide Moat (WKN: A2P6EP). Der Link zu den Europa-Abgeordneten: https://www.europarl.europa.eu/germany/de/europ%C3%A4isches-parlament/die-deutschen-europaabgeordneten-nach-bundesl%C3%A4ndern Wir freuen uns an Feedback über aaa@welt.de. Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. Außerdem bei WELT: Im werktäglichen Podcast „Kick-off Politik - Das bringt der Tag“ geben wir Ihnen im Gespräch mit WELT-Experten die wichtigsten Hintergrundinformationen zu einem politischen Top-Thema des Tages. Mehr auf welt.de/kickoff und überall, wo es Podcasts gibt. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html
Link to slide deck: https://bit.ly/44NGKKU - US equities ripped to new highs for the cycle as financials got a boost from more banks and financial services companies reporting, led by a huge advance in Charles Schwab on a strong earnings beat and guidance. But Microsoft stole the limelight, adding $150 billion in market cap in announcing the pricing for its new AI tools. Elsewhere, sterling was walloped by a softer than expected CPI report - does this spell the end of sterling's strong performance after a remarkable first half of the year? Today's pod features a run-through of the technical analysis outlook for key stocks, indices and gold with our technical analyst Kim Cramer Larsson. Hosted by John J. Hardy. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Click here to open an account with Saxo - Intro and outro music by AShamaluevMusic
When Silicon Valley Bank collapsed, some investors thought Charles Schwab could be next. But, the bank with $8 trillion in client assets is proving to be resilient. (00:21) Ricky Mulvey and Asit Sharma discuss: - Schwab's cash sorting problem. - Takeaways from bank earnings. - A deadline for the Microsoft/Activision deal whooshing by. (11:21) Robert Brokamp answers listener questions about 529 plans, target-date funds, and investing in a 401(k). Companies discussed: SCHW, MS, PNC, BAC, MSFT, ATVI Pullback report: www.fool.com/pullback Got a question for the show? Email us at podcasts at fool dot com. Host: Ricky Mulvey Guests: Asit Sharma, Robert Brokamp Engineers: Dan Boyd, Rick Engdahl
APAC stocks began the week subdued as participants digested mixed economic growth and activity data from China.Chinese GDP was firmer than expected QQ but disappointed YY, while Industrial Production topped estimates and Retail Sales missed.European equity futures are indicative of a lower open with the Euro Stoxx 50 -0.5% after the cash market closed up by 0.2% on Friday.DXY is contained just below the 100 mark, EUR/USD has maintained 1.12 status, antipodeans slightly lag peers.Crude futures were on the back foot with early headwinds from the resumption of production at Libya's largest oil field.Looking ahead, highlights include US NY Fed Manufacturing, Speeches from ECB's Lagarde, Lane & Elderson, Earnings from Richemont & Charles Schwab.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
US futures are indicating a flat open as of 04:45 ET. APAC traded largely lower overnight, with Europe markets also opening lower in morning trading. Markets are turning defensive after last week's decent gains. While the Fed is still expected to hike by 25 bp this month, the odds of another rate increase by end-2023 have diminished. Companies Mentioned: Microsoft, Activision, Sony, Tesco, Charles Schwab, Intel, Qualcomm
On Monday November 25th of 2019 Charles Schwab purchased TD Ameritrade for 26 billion dollars in an all stock deal. For some context, Schwab was started in 1971 by Charles Schwab, he is an entrepreneur from Northern California and graduated from Stanford in 1959. *It should be noted that this is different from Klaus Schwab the founder of the World Economic Forum. That's a completely different guy.* So why did Charles Schwab want to buy TD Ameritrade? Well the reasoning is fairly straightforward - it was an opportunity to almost double their customer base from 12 million customers to 23 million customers, and add over a trillion dollars in assets. To help better understand a brokerage company let's use an analogy of a grocery store. in the same way that you need to go to a grocery store in order to buy food you need to go to a brokerage company in order to buy Investments like stocks ETFs or Mutual fund. The main thing TD Ameritrade customers need to know is that they will have to create a new username and password on the Schwab website after their account has moved over. You do NOT have to create new accounts on the Schwab platform, that will automatically be done for you and the investments moved over. For more information, check out welcome.schwab.com See omnystudio.com/listener for privacy information.
A little over six years ago, I chose TD Ameritrade as my broker after considerable research into TD, Charles Schwab, and Fidelity. So when Charles Schwab announced their purchase of TD three years ago, I started preparing. Finally, the merger is upon us! And on this episode, I'm helping TD Ameritrade clients everywhere get ready for the move. You will want to hear this episode if you are interested in... Understanding the merger timeline [1:38] What you need to do before the merger occurs [3:27] Welcome to Schwab TD Ameritrade clients have a quickly approaching decision to make: Stay where they're at and become Schwab, or find another broker. Personally, I'm recommending my clients stick with Schwab. I've been using and testing their platform for the last year, and there really isn't much difference between them and the soon-to-be-defunct TD Ameritrade. If you want to continue doing business with Schwab, there's nothing you have to do to make the change. This is what's known as a negative consent transaction. Unless you decide not to go through with the transfer, all of your assets and brokerage accounts currently held with TD Ameritrade Institutional will automatically move over to Schwab. That being said, there are a few dates those going through the merger should be aware of. On Friday, September 1st at 8:30pm Eastern, access to TD's Advisor Client will cease, and all accounts on TD Ameritrade will be transitioned to Schwab's platform over the next few days. By Tuesday, September 5th you will be able to access the Schwab Alliance Client Portal and manage your accounts directly through Schwab. The only thing you need to do as a newly minted Schwab client is create a profile through their client portal. Listen to this episode for more on the merger! Resources Mentioned TD Advisor Client Schwab Alliance Client Portal Connect With Morrissey Wealth Management www.MorrisseyWealthManagement.com/contact
Today's guest is Farhan Abbasi. Farhan is the Founder, CEO of Nue Holdings, a real estate private equity and management firm offering investors capital-protected capital growth and income in multifamily, single‐family, coliving, and vacation rental real estate. Join Sam and Farhan in today's episode. -------------------------------------------------------------- Lease Types [00:10:08] Future of the Industry [00:06:35] Background and Business Launch [00:01:04] Approaching new markets [00:12:30] Challenges of scaling [00:17:25] Investing in yourself [00:18:41] -------------------------------------------------------------- Connect with Farhan: Linkedin:https://www.linkedin.com/in/farhanabbasi/ Web: https://staynue.com/ Email: farhan@staynue.com Connect with Sam: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns. Facebook: https://www.facebook.com/HowtoscaleCRE/ LinkedIn: https://www.linkedin.com/in/samwilsonhowtoscalecre/ Email me → sam@brickeninvestmentgroup.com SUBSCRIBE and LEAVE A RATING. Listen to How To Scale Commercial Real Estate Investing with Sam Wilson Apple Podcasts: https://podcasts.apple.com/us/podcast/how-to-scale-commercial-real-estate/id1539979234 Spotify: https://open.spotify.com/show/4m0NWYzSvznEIjRBFtCgEL?si=e10d8e039b99475f -------------------------------------------------------------- Want to read the full show notes of the episode? Check it out below: Farhan Abbasi (00:00:00) - And so what we do is we have a three tier system where the revenues, like I said, it's typically over two x what the regular release would be, right? So the revenues first go toward the operating expenses, including the management fee. And then we have some sort of a rent hurdle, which is not a rent guarantee, but it's it's it's it's a next priority after OpEx. And then once that rent hurdle is met, then there's some sort of a profit split. Welcome to the how to scale commercial real estate show. Sam Wilson (00:00:32) - Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big. Farhan Abbasi is the CEO and founder of Stay News.com. That's stay in. They specialize in vacation rentals. Farhan, welcome to the show. Farhan Abbasi (00:00:52) - Thank you, Sam. Great to be here. Absolutely. Sam Wilson (00:00:54) - The pleasure is mine. Farhan, There are three questions I ask every guest who comes on the show in 90s or less. Can you tell me where did you start? Where are you now and how did you get there? Farhan Abbasi (00:01:03) - Yeah, totally. Farhan Abbasi (00:01:04) - You know, I spent seven years at Ernst and Young as an accounting nerd, left as a manager and serving Fortune 500 asset management firms like State Street, Charles Schwab, hedge funds, etcetera. And in my final year, I actually lived out of a suitcase staying at five star hotels in New York, San Francisco, Kansas City, London. When I left the firm, I lived out of a backpack in youth hostels for a year. So I began to understand the spectrum of hospitality. And believe it or not, the most memorable times were not necessarily the ones in luxury, but in uniqueness of experience. And so that inspired me to launch Stay. Newcomb Stay. And which was my Boston trip at the time with the mission of offering shared experiences and personal choice. So the growth of that business led me to launch my investment arm, new holdings and new holdings where I partner with sponsors as code to offer investors access to multifamily, single family and of course, vacation rentals. We also dabble in early stage ventures using our own capital. Farhan Abbasi (00:02:03) - But meanwhile, you know, Stay Nu continues to grow. We're entering new markets and we deliver higher income and lower vacancies to owners and developers. Sam Wilson (00:02:11) - That's really cool. So let me get this right. There's two two sides to stay new. It is one is a management company, so it's where you guys go in third party manage for other short term rental owners. And then there's also you guys buy and operate your own assets. Farhan Abbasi (00:02:27) - That's right. And on the investment side, it's typically with developers where we help in some way advisory due diligence, raising capital. On the management side, it's asset light and we offer, you know, revenue share agreements, profit share agreements. Sometimes we do master leases, but the whole idea is to offer guaranteed or incremental income to owners and with with developers, it would be to shorten the lease up process. Sam Wilson (00:02:58) - That what what is the explain that to me, because I'm not sure I completely understand what is the missing what is the missing piece or what is the advantage that developers get by working alongside of you? And I'm going to tag on to that question as well. Sam Wilson (00:03:13) - I'm assuming this is development specifically for a short term rental. Farhan Abbasi (00:03:18) - It would be a multifamily asset. Typically it's mixed use. It would generally it would be a residential property. And the idea is, you know, the future of of living is not going to be one type of living. It's going to involve long term leases. It's going to involve short term leases, flexible stays and elements of hospitality and different elements. I'm not saying a hotel condo, but I'm not saying a, you know, a short term rental only building either. But I think the future involves flexibility and choice, and that's what we should all like, look for to strive for. So in other words, you know, imagine a multifamily 200 unit where perhaps ten or 5 or 20 of those units have some sort of flexible stay element where people can book for their relatives. You know, you don't necessarily always want your brother in law or a sister in law to live in your apartment. But you know what? Hey, I'll book one for you just down the hall or whatnot. Farhan Abbasi (00:04:22) - It's that type of thing. And yeah, I mean, it's you know, I think that essentially answers it kind of delivers an unmet demand think in many neighborhoods around the world, around the country as well. Sam Wilson (00:04:34) - Absolutely. That'd be really great. You know, I can only imagine how great that would be, especially and I'd imagine there's a certain a certain class of apartment where that would work or multifamily property where that would work, where it's, hey, my brother in law is going to the town or their family's coming to town. Let's rent one of the furnished units. They can take that one for the weekend. Right, Right. So tell me. Yeah. Farhan Abbasi (00:04:54) - And that was just one use case, right? You have all kinds of other use cases as well. And you do have different, you know, high end, low end type of options, you know as well. Sam Wilson (00:05:04) - That's very cool how when you when you thought through this kind of idea, you know, I guess living out of a suitcase saying to yourself, okay, people are looking for experience, people are traveling differently, staying differently. Sam Wilson (00:05:17) - How did you synthesize this into a cohesive business? Farhan Abbasi (00:05:22) - Right? Yeah. You know, it all it all came down to the value, to the different stakeholders, right? So with the, with, with, with the guests, they want a flexible stay experience. They want cleanliness, they want, you know, kind of a good value. So, you know, depending on the market with with owners, they they are looking for either guaranteed income or incremental income. And so you kind of just kind of put those two needs together and deliver a product that meets those needs. Of course, you know, neighborhoods want some a place that's safe, you know, and and calm and clean. So you kind of have measurements for not having parties and that sort of thing to kind of keep it clean. But yeah, I mean, you know, it's really about finding those unmet needs and putting together a service. And yeah, we have over a decade of experience, you know, doing this where top ten in Boston and we're ready to expand outside as well. Sam Wilson (00:06:25) - That's really cool. What what would you say the future of your company is like? Where where is this Where is your company and the industry as a whole going? Farhan Abbasi (00:06:35) - Yeah, totally. So, you know, the the the industry is generally it's growing. First of all, you know, there's a crazy statistic that I read someplace that said 70% of bookings around the world are still done offline. And what I mean by offline is that there, you know, perhaps, you know, they're done by cash or cheque or they show up and they swipe the card, but they're not booked on the website prior to arrival. And what that tells me and by the way, that number is shrinking. It's shrunk a lot in the US, but it's still I still speak to people that only take cash or maybe they get mailed cheques. Believe it or not, they still exist. So, you know, that spells an opportunity for me to like, modernize the industry and and feel like, you know, we're at the forefront of that. Farhan Abbasi (00:07:30) - What we're looking to do is enter into tier one and two markets across the country and then the world. We have a plan to franchise. We're building that up as well. We want to offer entrepreneurs the opportunity to land and expand in their own markets anywhere in the world and along the way, we we plan to build some some tech that would support all of the different stakeholders that had mentioned. Right, creating a guest care, property care, client care for our property owners and then, you know, spin off potentially to build a service for the vacation rental of managers in the world. Sam Wilson (00:08:13) - Right. Wow. So you think I mean, not do you think, you know, that there is just still an incredible amount of untapped potential in this in this industry? Oh, yeah. Farhan Abbasi (00:08:23) - It's growing. And as you know, you know, asset classes around, you know, around the world or I guess in the US especially, you know, multifamily is kind of almost priced to perfection. And there's a lot of shakeup going on right now. Farhan Abbasi (00:08:36) - But, you know, perhaps there's opportunities in office and retail, but it's it's kind of like a one of those uncertain environments. Vacation rentals, on the other hand, you know, of course, it certainly has its its impact in terms of global recession. And the pandemic was a tough one. But generally speaking, it's for yield chasers, right? If for people who are seeking yield and higher return with some capital protection, a reasonable level of it, it's a really good deal from a risk return perspective. So yeah it's it's think it's it's just compared to all the other asset classes it's think it's just a great one. Sam Wilson (00:09:21) - Oh absolutely. Absolutely. From a from a yield standpoint it's been in the right, the right places and the right markets. And I think you mentioned that you said tier one and two markets. It's been you know, I've got some some friends in the business and I personally am not in it, but it's we're doing very well. We're doing very well doing. I think that's that's one of the cool, cool parts about it. Sam Wilson (00:09:42) - Was going to ask you what was it We're losing my train of thought here. I don't know. Let's let's jump to this one. Here's another one I had for you. You had mentioned this early on on your kind of the different types of leases that you guys are. Farhan Abbasi (00:09:58) - Yes. Sam Wilson (00:09:59) - Owners. And there was there was a whole bunch of them that you mentioned there. How do you know which one is right for each particular situation? And can you explain? Yeah, man. Farhan Abbasi (00:10:08) - Yeah, totally. Sam So, you know, leases are higher risk, higher return. They also don't have the best rep in the industry. But, you know, hotels have been doing it for the longest time. They take on master leases. So, you know, there's a term called lease arbitrage, right? You know, we typically look at leases as a almost as a way to enter a market and also opportunistically where if the deal makes sense and the owner is on is not interested in and sharing in that higher return. Farhan Abbasi (00:10:48) - Right. They just want to fill their their units and get a guaranteed amount that will look at that as a way to, you know, and you know, typically, you know, kind of open kimono right here. You know, a good rule of thumb is if the the revenue is about two X or more of what the lease cost would be. And then, um, so anyway, if you think about that, like, you know, for the owners, we try to generate an incremental income of 10 to 30% or more by sharing them, sharing the profits with them. But again, you know, there's actually a third there's a hybrid. So we talked about a lease guarantee. We talked about a revenue share where they share in that upside. There's a third that we do. It's a bit of a private equity concept that we've incorporated into old world property management, which is waterfall. And so, you know, and you know, as an investor, you know about it. But essentially what. Farhan Abbasi (00:11:52) - This, this this meets the need for an owner that says, hey, I want some of the upside, but also want some downside protection. And so what we do is we have a three tier system where the revenues, like I said, it's typically over two x what the regular lease would be. Right? So the revenues first go toward the operating expenses, including the management fee. And then we have some sort of a rent hurdle, which is not a rent guarantee, but it's it's it's it's a next priority after OpEx. And then once that rent hurdle is met, then there's some sort of a plot profit split. Sam Wilson (00:12:30) - That's really, really cool. I haven't heard of people employing that method yet. I think that's. That's a lot of fun. How do you approach when you're going into a new market? Like what's the what are the steps you you are taking to scale your company in a new market? Farhan Abbasi (00:12:46) - Yeah. You know, it's like said, we're looking at building a franchise system that'll really scale. Farhan Abbasi (00:12:52) - Think right now we're in the expansion phase where we are looking at we're having conversations with developers that have a need to fill, you know, 100, 200 units. And we can we can probably, you know, reduce their sub timeline in half by taking over a portion of their properties that gives them generates income right away, hits the ground running. We can actually set up a unit in about 2 to 4 weeks time frame, whereas typical developments look at a 1 or 2 year time frame to fill up. So as you can imagine, you know, we can we can take over vacant units like with the snap of a finger almost. So you know that those are the kind of conversations we're having now with with building communities and also, um, also targeting individual owners that have, you know, 1 to 40 unit portfolios that also are looking for vacancy management. But perhaps they're interested in that waterfall that I mentioned where they want some upside. They also want some downside protection. They own single family homes, condos or small multis that are, you know, duplex triplex type of stuff. Sam Wilson (00:14:15) - So let me just get this right. You go to a developer and you say, Hey, Mr. Developer, you've got a 200 unit property that you're developing. We can cut your lease up time in half. Right. And you do this by taking on how many of those? 200 units. How many of those do you take on and say, Hey, we can turn these into short? Farhan Abbasi (00:14:34) - Yeah, that's right. The answer to that depends on the developer's appetite and the zoning, you know, in that area. Right. And by the way, this is not all short term rentals where, you know, we're talking medium term rentals one month or more. We're talking co-living units where they're annual leases but split up on a permanent basis. Um, we, we employ all of these strategies to ensure that the property gets its highest and best use and think that resonates with developers. And so when they hear that, they obviously have some questions and from from that conversation we're able to kind of bring it down to how many units make sense. Farhan Abbasi (00:15:21) - But I would say that it typically part of the overall portfolio of a mixed use asset where first floor is retail. You know, then you have like floors 2 to 5 being long term rentals of which we could take half a floor, for example. It could be a section, it could be sprinkled around. So we're flexible on the way we enter into a building. It's really kind of a partnership, obviously, and we make sure that there's value for all parties. Sam Wilson (00:15:47) - Got it. That's really, really interesting. How how do you go about locating or finding those developers that you want to work with? I mean, it's got to be a unique probable problem. Imagine a unique conversation and a unique developer that is, you know, willing to have these conversations with you, right? Farhan Abbasi (00:16:05) - Yeah. So I would say that, you know, I have two advantages. One is I'm part of the Harvard network. And I you know, I did an advanced real estate program there. I made 33 very close friends from my class, all of which who are very well connected to the developer networks around the world. Farhan Abbasi (00:16:25) - I mean, some of these guys that I'm personally hang out with are building $100 million buildings on a per building basis. And and then and then the second piece is that, you know, we you know, I involve my my new holdings my private equity arm is partnered with with syndicators. And in these type of multifamily syndications, they're not necessarily developments, but they're also syndications that perhaps have a bit of a of a they have a mandate to to to force higher income. Right. And so as a as I form these partnerships, I'm able to involve stay Newcomb as an option for as part of their business plan. Sam Wilson (00:17:14) - Got it got it. I love that. Let's talk about this. What's one of the biggest challenges maybe you have faced in either scaling your company or that you guys are facing right now? And how do you plan on overcoming it? Farhan Abbasi (00:17:25) - Yeah, you know, love this question. I would say it's to balance the multiple stakeholders needs, right? So we flex properties to its highest and best use. Farhan Abbasi (00:17:34) - We have to deliver above market income to our property owner, clients and investors. We also have to provide a flexible experience to our guests and residents and then of course, our neighbors. We join them to make sure that the communities are safe, calm and clean. Um, and then finally, you know, have to offer growth opportunities to our global staff around the world. So it's like walking a tightrope to ensure value for all stakeholders, right? But when done right, the view is great. Sam Wilson (00:18:05) - That's really, really cool. Yeah, it's funny. Who was it? Somebody came on the show a long time ago and they said. They said it's not. It's not when you scale or when you. When you grow your company, the problems go away. They just change. And so, you know, it sounds like for you, these are it's just the iterations of your company and going, okay, now we've got to take care of everyone involved in this picture. Yeah. And that's maybe something earlier on that you didn't have to deal or handle or even think about at that point. Sam Wilson (00:18:32) - So that's very, very cool. Thanks for taking the time to share that. If somebody wanted to follow in your footsteps, what would be some of the things that you would tell them to do now? Farhan Abbasi (00:18:41) - Yeah, totally. You know, so it I remember having two pieces of similar advice like this where one was, uh, one was someone. It was from someone that I admired but didn't like the advice. And then then the opposite is somebody who didn't like and didn't admire. But looking back, man, I love, love the advice. And and so the so, so here we go. The good advice was to invest in yourself. You know, you have 30,000 in savings. Invest in yourself. You have 40 hours a time, invest in yourself. You have a cucumber in the fridge, eat it, and then invest in yourself. You know, launch a business, you know, stay with me. Invest in yourself. Right. Um, but and then the worst advice, by the way, was to, you know, don't take risks in your 20s, be heads down, make moves in your 30s. Farhan Abbasi (00:19:32) - But, you know, as an entrepreneur, you know, I have to disagree with that advice. Right? So so I would say long winded, Sam. Like my my advice is to don't listen to advice and just fucking do it right and question who you admire and try everything you desire. And if you have the time to make it right. Sam Wilson (00:19:51) - Got it, man. Absolutely love it. Foreign. This has been absolutely enlightening. I love the way you guys are tackling this. It's a it's a unique, a unique approach, I think, to the space. You know, we've had lots of people come on and talk about short term rentals and they get pretty kind of streamlined into doing just that. But you found a way to scale your management company, to scale the types of assets that you're turning into short term rentals. I think that's that's one of the coolest parts about this conversation is that it's not just the single family home with six bedrooms in the Smoky Mountains. And this is what we do not there's anything wrong with that. Sam Wilson (00:20:25) - But, you know, you've got a unique product to think that you're bringing to the market and a unique way of tackling some other people's issues. And I think that's one of the things that some people maybe if you're listening to this, like find a way to tackle somebody else's problem. I think you've done that here for the developers and made it a real win win. So that's very, very cool. If our listeners want to get in touch with you or learn more about you, what is the best way to do that? Farhan Abbasi (00:20:50) - Yeah, well, you know. Well, first off, appreciate all those thoughts. Man, that was amazing, Sam, to to join our effort. You know, first of all, like, as a property owner or developer, you know. Ah, my email is Farhan FA at Newcomb. And, and, and if you're interested in any, you know, kind of we're looking for salespeople as well. If you're interested in joining our growing global workforce email talent at new holdings and holdings. Farhan Abbasi (00:21:24) - Com and yeah like you know if you have any questions at all any clarifications to the audience I'd love to be of service You know if you're looking to start your own business keep in touch and look out for us because we're looking to find, you know, deliver ways to help as well. Sam Wilson (00:21:39) - That's awesome. Farhan, thank you for coming on the show today. I certainly appreciate it. Farhan Abbasi (00:21:43) - Awesome. Thank you, Sam. Cheers. Sam Wilson (00:21:46) - Hey, thanks for listening to the How to Scale Commercial Real Estate podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen. If you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories. So appreciate you listening. Thanks so much and hope to catch you on the next episode.
Bonds' role in a portfolio is to provide income and diversification. But in 2022, they had the worst returns in decades and also failed to provide the ballast they typically would when equity markets are down. Now the Fed's rapid rate hikes have changed the equation, and investors are giving bonds another look. Collin Martin, director of fixed income strategy at the Schwab Center for Financial Research, joins Mike Townsend to consider what the Fed may do next after it chose to pause rate hikes and what the implications could be for investors, borrowers, corporations, and the economy in general. They also discuss how to choose bonds that may be right for you—and which ones to avoid.Mike offers insight on the hurdles and deadlines Congress faces in order to pass the 12 appropriation bills to keep the government open and operating. He shares an update on the nominees to fill open positions at the Fed and looks at the bipartisan efforts in Congress to toughen banking regulations, including legislation to increase penalties on executives at failed banks.WashingtonWise is an original podcast for investors from Charles Schwab. For more on the series, visit Schwab.com/WashingtonWise.If you enjoy the show, please leave a ★★★★★ rating or review on Apple Podcasts. Important DisclosuresThe policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. Lower rated securities are subject to greater credit risk, default risk, and liquidity risk.An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.Indexes are unmanaged, do not incur management fees, costs and expenses and cannot be invested in directly. For more information on indexes please see www.schwab.com/indexdefinitions. Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.Tax-exempt bonds are not necessarily a suitable investment for all persons. Information related to a security's tax-exempt status (federal and in-state) is obtained from third-parties and Schwab does not guarantee its accuracy. Tax-exempt income may be subject to the Alternative Minimum Tax (AMT). Capital appreciation from bond funds and discounted bonds may be subject to state or local taxes. Capital gains are not exempt from federal income tax.(0623-3SXW)
To kickstart Season 14, Schwab experts look ahead to consider what investors might expect in the second half of 2023.First, Mark talks with Liz Ann Sonders, Schwab's chief investment strategist. Liz Ann offers her perspective on the direction of the U.S. economy and stock market.Next, Jeffrey Kleintop—Schwab's chief global investment strategist—discusses the possibility of a slowing global economy and what this could mean for the world's markets.Then, Mark speaks with Kathy Jones, Schwab's chief fixed income strategist. Kathy looks at what bond investors might expect from the Federal Reserve and fixed income assets in the remainder of 2023.Finally, Mike Townsend, managing director in Schwab's Office of Legislative and Regulatory Affairs, offers his outlook for what's next for Washington now that the debt ceiling drama is resolved.Read the full 2023 Mid-Year Market Outlook from the Schwab Center for Financial Research.Follow Financial Decoder for free on Apple Podcasts or wherever you listen.Financial Decoder is an original podcast from Charles Schwab.If you enjoy the show, please leave us a rating or review on Apple Podcasts. Important DisclosuresThe information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. Supporting documentation for any claims or statistical information is available upon request.Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.Indexes are unmanaged, do not incur management fees, costs and expenses and cannot be invested in directly. For more information on indexes please see www.schwab.com/indexdefinitions. Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.This information does not constitute and is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner, or investment manager.Diversification, asset allocation, and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets. Rebalancing may cause investors to incur transaction costs and, when a nonretirement account is rebalanced, taxable events may be created that may affect your tax liability.International investments involve additional risks, which include differences in financial accounting standards, currency fluctuations, geopolitical risk, foreign taxes and regulations, and the potential for illiquid markets. Investing in emerging markets may accentuate these risks.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. Lower rated securities are subject to greater credit risk, default risk, and liquidity risk.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.All corporate names are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Digital currencies, such as bitcoin, are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view Bitcoin as a purely speculative instrument.Environmental, social and governance (ESG) strategies implemented by mutual funds, exchange-traded funds (ETFs), and separately managed accounts are currently subject to inconsistent industry definitions and standards for the measurement and evaluation of ESG factors; therefore, such factors may differ significantly across strategies. As a result, it may be difficult to compare ESG investment products. Further, some issuers may present their investment products as employing an ESG strategy, but may overstate or inconsistently apply ESG factors. An investment product's ESG strategy may significantly influence its performance. Because securities may be included or excluded based on ESG factors rather than other investment methodologies, the product's performance may differ (either higher or lower) from the overall market or comparable products that do not have ESG strategies. Environmental (“E”) factors can include climate change, pollution, waste, and how an issuer protects and/or conserves natural resources. Social (“S”) factors can include how an issuer manages its relationships with individuals, such as its employees, shareholders, and customers as well as its community. Governance (“G”) factors can include how an issuer operates, such as its leadership composition, pay and incentive structures, internal controls, and the rights of equity and debt holders. Carefully review an investment product's prospectus or disclosure brochure to learn more about how it incorporates ESG factors into its investment strategy.(0623-3WKH)
Bankless Weekly Rollup 4th Week of June 2023 ------
This episode is sponsored by PayPal.The most valuable crypto stories for Tuesday, June 20, 2023."The Hash" explores today's top stories in crypto, including Terraform Labs founder Do Kwon being sentenced to four months in jail by a Montenegro court after being found guilty of document forgery. Separately, Alibaba announced Joseph Tsai, one of its founders, will step into the role of chairman at the company this September. Plus, EDX Markets, which has funding from financial heavyweights like Charles Schwab, announces the launch of its digital asset market. And, Binance has set up Lightning nodes on the Bitcoin network.See also:Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery CaseAlibaba's Crypto-Friendly Joseph Tsai Set to Become ChairmanBinance Sets Up Bitcoin Lightning Nodes to Ease Deposits and WithdrawalsThis episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”From our Sponsor:PayPal provides a secure and convenient platform for converting dollars into crypto. Start exploring new web3 applications with peace of mind knowing that PayPal has your back. Buy, Sell, Hodl, Transfer, Send, and Checkout with Crypto. All with PayPal. Get started today at