POPULARITY
11 episodes with Chartered Financial Analyst
12 episodes with Chartered Financial Analyst
12 episodes with Chartered Financial Analyst
6 episodes with Chartered Financial Analyst
4 episodes with Chartered Financial Analyst
5 episodes with Chartered Financial Analyst
7 episodes with Chartered Financial Analyst
4 episodes with Chartered Financial Analyst
7 episodes with Chartered Financial Analyst
Michael Gentile, strategic investor in the junior mining sector and co-founder of Bastion Asset Management, discusses the current state of the gold mining industry and its potential for mean reversion. He highlights that gold mining stocks are trading at depressed levels despite record-high gold prices, creating a compelling entry point for investors. Gentile notes that while gold prices have tripled since 2018, gold mining stocks have lagged behind, offering significant value. Gentile emphasizes the importance of investing in commodities during periods of low sentiment and depressed prices, as this setup often precedes substantial returns. He points to historical cycles where negative sentiment and undervaluation led to major rebounds in gold mining stocks. Gentile also underscores the strong fundamentals of the industry, including record margins and free cash flow generation, which he attributes to higher gold prices and stable costs. He contrasts the current market with past periods, such as 2015-2020, where similar conditions led to significant rallies in gold mining stocks. Gentile believes that the sector is poised for a rotation, driven by improving fundamentals and macroeconomic factors like central bank buying of gold and geopolitical uncertainties. He also notes that while tech stocks have outperformed gold mining stocks historically, the latter now offers a unique opportunity due to its undervaluation. Gentile advises investors to diversify their exposure to the sector through ETFs or baskets of producing companies before moving into higher-risk junior miners. He stresses patience and a long-term perspective, as building mines takes time and requires careful consideration of jurisdictional risks and infrastructure challenges. In conclusion, Gentile sees the gold mining sector as a multi-year tailwind driven by macroeconomic trends, including the repositioning of gold as a hedge against inflation and the US dollar's decline. He encourages investors to allocate at least 5-10% of their portfolios to gold or related equities to preserve wealth in uncertain times. Timestamp References:0:00 - Introduction0:43 - Mining Valuations & Risk3:08 - Catalysts & Charts7:24 - Margin Expansion Growth13:53 - Miners & Projections16:08 - Global Slowdown Impacts?19:10 - Capital Rotation Charts25:15 - Timing & Positioning28:43 - Lassonde Curve & Patience32:13 - Other Metals & Sentiment34:46 - Project Timelines & Risks40:00 - M&A & Finding Projects45:50 - Secondary Project Factors48:20 - Rating Jurisdictions50:37 - Development & Resource Est.53:47 - Advice for New Investors56:37 - Portfolio Weightings59:23 - Concluding Thoughts Guest Links:LinkedIn: https://www.linkedin.com/in/michael-gentile-01028552Website: https://bastion-am.com Michael Gentile, CFA, Founding Partner & Senior Portfolio Manager Before founding BAM, Michael was Vice President and Senior Portfolio Manager at Formula Growth Ltd for over 17 years. Michael co-managed the FG Alpha Fund (US SMid equity market neutral) between 2012 and 2018, co-managed the FG Focus Fund (US SMid long short strategy) between 2014 and 2018. Since leaving FG in 2018, Michael has been very successful investing in the gold sector also acting as Strategic Advisor and Director for several companies in the natural resource sector. Michael graduated with Great Distinction from the John Molson School of Business (Concordia University) with a Bachelor of Commerce (Finance) and received the Calvin Potter Fellowship from Concordia's Kenneth Woods Portfolio Management Program. He also holds the Chartered Financial Analyst designation (CFA)
On their monthly roundtable, the Cognitive Dissidents discuss the technocratic trade and tariff wars, a host of figures coming out of the woodwork to proclaim themselves the messiah, what's behind the blackouts in Europe, and more! Watch on BitChute / Brighteon / Rumble / Substack / YouTube Geopolitics & Empire · Cognitive Dissidents: Tariffs, False Messiahs, & Blackouts in Spain #10 *Support Geopolitics & Empire! Become a Member https://geopoliticsandempire.substack.com Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics PassVult https://passvult.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Send us a textOn the latest episode of The Get Ready Money Podcast, Charlene Cong guest hosted and we spoke about changing the way we think about whole life insurance. In this episode we discussed:Why whole life insurance is not an investment.Common misunderstandings when people purchase whole life insurance.Whole life insurance is a long term insurance contract that is illiquid with high surrender charges for the first few years. How life insurance policy loans work. More suitable financial options for young people.Why you can't be your own banker. Connect with Charlene Cong:Website (website) www.charlenecong.comFinFit GmbH Website: www.finfitsolution.comLinkedIn (LinkedIn)Instagram (Instagram) Resources:Budgeting and Spending Template (free): (here)Investment Masterclass: (here)Youtube (here) https://www.youtube.com/@CharleneCongPodcast:Charlene's Podcast (YouTube) Bio: Charlene H. Cong, CFA, is the founder of FinFit GmbH, a finance and investment educator, podcaster, and YouTuber. With over 10 years of experience in the banking industry, including a tenure at JPMorgan Asset Management, she is a Chartered Financial Analyst based in both Hong Kong and Switzerland. Charlene is an Executive Board Member of the Swiss Capital Market Forum. Support the showThe Get Ready Money Podcast and its guests do not provide investment advice. All content is for educational purposes. Guest opinions do not necessarily reflect the opinions of The Get Ready Money Podcast and Tony Steuer.
In this episode of the Mad Rush Podcast, host Tricia Addicks engages with Emily Dayan Hill, a Chartered Financial Analyst and portfolio manager, to discuss the importance of financial empowerment for women. Emily shares her career journey and highlights the gender disparities in the wealth management industry. They explore the psychological and behavioral aspects of money, and Emily offers practical advice for women to develop financial confidence and start money check-ins. The episode highlights the importance of community, connections, and the intrinsic value of confidence in both sorority life and financial well-being. Emily's Money Date Guide: https://financethatfeels.kit.com/moneydateguide Follow Emily Dayan Hill:
Greetings & welcome back to the podcast. This episode we are joined by Mr. Jordan McNamee – Founder and Chief Investment Officer of the Optimist Fund - an investment fund with ~$40 million under management. Prior to founding the Optimist Fund, Mr. McNamee worked at CI Global Asset Management as lead Portfolio Manager, and Cambridge Global Asset Management as an analyst covering the global technology, media and communications services sectors. Mr. McNamee earned a Bachelor of Business Administration degree from Wilfrid Laurier University, and has also earned the Chartered Financial Analyst designation.Among other things we discussed Finding Growth Companies, Capitalizing on Market Volatility & Building an Investment Fund.Enjoy.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsBroadbill EnergyJSGEPACAstro Rentals Support the show
✅ Subscribe now for more episodes MPF Discussion with Mick HeymanAbout MickMick Heyman, CFA, is the author of Mellow Your Money and Founder of Heyman Investment Counseling. With over 40 years in wealth management, Mick is known for helping individuals grow and protect their wealth through a calm, psychology-informed approach to investing. A Chartered Financial Analyst with a degree in economics from Northwestern, Mick blends his financial expertise with a passion for philosophy and human behaviour. He's been featured in outlets like the Wall Street Journal and is a strong advocate for integrating financial health with overall well-being. Based in San Diego, Mick enjoys tennis, surfing, meditation, and classic literature.How to Build Wealth Without Losing Your SoulWhat if wealth, work, and spirituality weren't meant to be separate? In this powerful episode of My Perfect Failure, I sit down with Mick Heyman—author of Mellow Your Money—who brings a refreshing, grounded perspective on how we can thrive financially without sacrificing our peace of mind or values.With decades of experience in the financial world, Mick shares how he learned to balance market savvy with emotional intelligence, and how true success comes from integrating—not separating—the different parts of our lives.Whether you're an investor, entrepreneur, or simply someone trying to make peace with money, this episode is packed with wisdom and practical guidance you won't want to miss.________________________________________5 Key Takeaways:1.Integration Over Separation – Viewing wealth, work, and personal purpose as interconnected helps us live and invest more authentically.2.Failure as a Catalyst – Our missteps can become our greatest teachers—if we're willing to reflect and grow.3.Mentors in Disguise – Even difficult relationships, like with a challenging boss, can offer powerful learning moments.4.Mastering Money Mindset – Emotional control is a hidden superpower in both life and investing—especially when markets are volatile.5.Money as Meditation – A calmer, more mindful approach to finances can transform your relationship with money—and with yourself.Social links to Mick•Website: https://mellowyourmoney.com/•Oder “Mellow Your Money” https://www.amazon.com/dp/B0CBL6YGB6/ref=sr_1_1?crid=3ENNOHGOROLCC&keywords=mick+heyman&qid=1689117016&sprefix•LinkedIn: https://www.linkedin.com/in/michael-mick-heyman-cfa-•Micks Instagram: https://www.instagram.com/mellowyourmoney/Please Leave A ReviewI have a small favor to ask! If you've been enjoying My Perfect Failure, leaving a review would mean the world to me. It helps the show grow and reach more people who need these stories of resilience and success. Plus, I love hearing your thoughts! So please leave a review on Apple, Spotify or the platform of your choice.Every setback has a valuable lesson.
In this episode of Paladin Financial Talk, join host Nikki Foley and co-host Tony Shore are pleased to invite special guest Mariann Montagne, Chartered Financial Analyst and president of Mosaic Consulting. Gain insights into the challenges and opportunities women face in finance and discover strategies for achieving financial success. To contact Mariann go to thrivingwithyourmoneytree.com or email her at: mmontagne@mosaicconsultingllc.net
In this episode of Paladin Financial Talk, join host Nikki Foley and co-host Tony Shore are pleased to invite special guest Mariann Montagne, Chartered Financial Analyst and president of Mosaic Consulting. Gain insights into the challenges and opportunities women face in finance and discover strategies for achieving financial success. To contact Mariann go to thrivingwithyourmoneytree.com or email her at: mmontagne@mosaicconsultingllc.net
In their monthly roundtable, the Cognitive Dissidents discuss the JFK release, the anti-anti-Semitism hate speech laws and how they might be a signal of prelude to war with Iran, the collapsing economy and EU turn toward authoritarianism and confiscation of assets, Tim Robbins' sharp insights on globalism and technocracy, and more! Watch on BitChute / Brighteon / Rumble / Substack / YouTube Geopolitics & Empire · Cognitive Dissidents: Hate Speech Prelude to WW3, EU Dictatorship, JFK, & Tim Robbins! #9 *Support Geopolitics & Empire! Become a Member https://geopoliticsandempire.substack.com Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics PassVult https://passvult.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
In a world where financial security often feels elusive, the stories we tell ourselves—and those we share with others—can be the key to unlocking stability and growth. Join your host, Cindy Watson, as she sits down with Michael Cannivet, founder and President of Silverlight Asset Management, LLC, to explore "Negotiating Your Financial Security Through Story." Michael, a Georgetown University graduate and Chartered Financial Analyst, is known for his insightful financial writing featured in Forbes and RealClearMarkets. Together, they delve into the powerful role storytelling plays in financial decision-making, sharing strategies for shaping narratives that can strengthen your financial future. Whether you're navigating investments or personal finance, this conversation is packed with practical wisdom to help you make smarter, story-driven financial choices. In this episode, you will learn: How to coach clients for their financial future? How peopl get off track with their finances? How to have empowering story behind your financial plan? The key foundation of your financial plan What are the ingredients of a good story? How to get the right narrative? The four laps of the retirement race The biggest mistake people make in finances The difference in the genders when it comes to investment? The elements of the four minute retirement plan And many more! Learn more about Michael: Websites: https://michaelcannivet.com/ https://www.silverlight.us/ LinkedIn: https://www.linkedin.com/in/michael-cannivet-1684bb111/ Get his book: The Four-Minute Retirement Plan: Preserve Your Past, Secure Your Future, Live for Today If you're looking to up-level your negotiation skills, I have everything from online to group to my signature one-on-one mastermind & VIP experiences available to help you better leverage your innate power to get more of what you want and deserve in life. Check out our website at www.artofFeminineNegotiation.com if that sounds interesting to you. Get Cindy's book here: Amazon https://www.amazon.com/Art-Feminine-Negotiation-Boardroom-Bedroom-ebook/dp/B0B8KPCYZP?inf_contact_key=94d07c699eea186d2adfbddfef6fb9e2&inf_contact_key=013613337189d4d12be8d2bca3c26821680f8914173f9191b1c0223e68310bb1 EBook https://www.amazon.com/Art-Feminine-Negotiation-Boardroom-Bedroom-ebook/dp/B0B8KPCYZP?inf_contact_key=94d07c699eea186d2adfbddfef6fb9e2&inf_contact_key=013613337189d4d12be8d2bca3c26821680f8914173f9191b1c0223e68310bb1 Barnes and Noble https://www.barnesandnoble.com/w/the-art-of-feminine-negotiation-cindy-watson/1141499614?ean=9781631959776 CONNECT WITH CINDY: Website: www.womenonpurpose.ca Facebook: https://www.facebook.com/womenonpurposecommunity/ Instagram: https://www.instagram.com/womenonpurposecoaching/ LinkedIn: linkedin.com/in/thecindywatson Show: https://www.womenonpurpose.ca/media/podcast-2/ X(Twitter): https://twitter.com/womenonpurpose1 YouTube:https://www.youtube.com/@hersuasion Email: cindy@womenonpurpose.ca
The Cognitive Dissidents discuss gold, bitcoin, war, the technocracy, and more! Watch on BitChute / Brighteon / Rokfin/ Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: A New Dollar, World Peace (or War) & Dodgy DOGE #8 *Support Geopolitics & Empire! Become a Member https://geopoliticsandempire.substack.com Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics PassVult https://passvult.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Greetings, and welcome back to the podcast.This episode we are joined by Mr. Jamie Murray - portfolio manager at the Murray Wealth Group - a Toronto based investment firm with ~$360M under management. Mr. Jamie Murray has approximately 20 years of experience in the investment sector with previous roles at Investors Group, Desjardins Capital Markets & Dundee Capital Markets.Mr. Murray graduated from The Richard Ivey School of Business, and has also received his Chartered Financial Analyst designation in 2011.Among other things, we discussed Out of Favor Stocks, Protecting Capital, Energy Tariffs & Market Opportunities in 2025.Enjoy.Thank you to our sponsors.Without their support this episode would not be possible:Connate Water SolutionsATB Capital MarketsEnergy United 360 Engineering & Environmental ConsultingEVA SoftwareSupport the show
In their monthly roundtable, Cognitive Dissidents (Parallel Mike Podcast, Monica Perez Show, Geopolitics & Empire) discuss the technocratic takeover of America, Gaza, and more! Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: American Technocracy & Trump's Play For Gaza #7 *Support Geopolitics & Empire! Become a Member https://geopoliticsandempire.substack.com Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics PassVult https://passvult.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
In their monthly roundtable, Cognitive Dissidents (Parallel Mike Podcast, Monica Perez Show, Geopolitics & Empire) discuss the technocratic takeover of America, Gaza, and more! Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: American Technocracy & Trump's Play For Gaza #7 *Support Geopolitics & Empire! Become a Member https://geopoliticsandempire.substack.com Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics PassVult https://passvult.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
In this episode, Matt Cohen chats with Wendy Li, the co-founder and Chief Investment Officer of Ivy Invest, about her journey from managing institutional endowments to founding a fintech startup. Wendy shares insights from her experiences at the Metropolitan Museum of Art, the UJA Federation of New York, and the Mother Cabrini Health Foundation.She highlights her decision to leave a traditional allocator role to build Ivy Invest, a platform democratizing access to institutional-quality investments for retail investors. Wendy discusses the challenges of being a first-time founder, how emerging managers can build trust with institutional investors, and the long-term lessons from her career.About Wendy Li:Wendy Li is the Co-Founder and Chief Investment Officer of Ivy Invest, a platform that helps individual investors access investment portfolios similar to those used by big institutions. She has over 10 years of experience managing large investment funds and holds a Chartered Financial Analyst certification.Before starting Ivy Invest, Wendy was the Managing Director of Investments at the Mother Cabrini Health Foundation, where she set up the investment office and managed $4 billion. At the UJA-Federation of New York, she oversaw a $1 billion endowment and a $400 million pension plan. Her career began at the Metropolitan Museum of Art, where she worked as a Senior Investment Analyst.Wendy studied at Columbia University, where she earned her Bachelor's degree.Topics(01:13) Early Career Journey: Wendy shares her upbringing in Pennsylvania, moving to NYC, and her entry into finance at Columbia University.(02:30) First Role at the Met Museum: Insights from working with an established portfolio, sitting across high-profile investment committee members, and lessons on portfolio management.(04:51) The Transition to UJA: Managing a new investment office, building credibility with a seasoned investment committee, and reshaping a hedge fund-heavy portfolio.(06:57) Influence of David Swensen: Learning from Swensen's Yale Model and its focus on alternative investments, plus her direct exposure to the Yale network through colleagues.(09:48) Building Ivy Invest: Why Wendy left the endowment world to create Ivy Invest, the challenges of launching an SEC-registered fund, and solving access and complexity barriers for individual investors.(19:14) Fund Structure: Ivy Invest's single-fund strategy blending public and private investments, its interval fund structure, and quarterly repurchase options for investors.(24:11) Emerging Manager Advice: Key strategies for preparing to meet with institutional investors, understanding their specific needs, and how to build trust over time.(28:17) Long-Term Relationships: Why personal rapport, patience, and a deep understanding of both LPs and your own strategy are essential for emerging managers.(31:17) Lessons as a First-Time Founder: Transitioning to a fintech startup, learning to navigate the tech and regulatory landscape, and unexpected challenges like user access glitches.(36:38) Co-Founders and Team Dynamics: The complementary skills of her co-founders, balancing optimism with risk awareness, and maintaining trust and humor through challenges.(38:42) Brand Awareness and Challenges: Educating retail investors about their eligibility and building recognition for Ivy Invest's mission.(39:54) Surprises from Early Investors: The diversity of early adopters and how their demographics exceeded initial expectations.Fast Favorites* Favorite Podcast: How I Built This* Favorite Newsletter: Matt Levine's Money Stuff* Favorite Tech Gadget: iPhone* Favorite Trend: Established alternative investment managers opening access to retail investors* Favorite Book: A Tree Grows in Brooklyn by Betty Smith* Favorite Life Lesson: “Finish what you start.”Follow Matt Cohen and Tank Talks here!Podcast production support provided by Agentbee.ai This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com
On the podcast this week, we welcome back Dave Sekera. Dave is the chief US market strategist for Morningstar Research Services. In his role, Dave publishes research and commentary on the state of the markets and economy and is a leading voice on Morningstar.com and our other platforms. Dave and Susan Dziubinski also do a weekly show for Morningstar.com called The Morning Filter. Before assuming his current role, Dave was a managing director for DBRS Morningstar. Prior to joining Morningstar in 2010, Dave worked in the alternative asset management field. He earned his bachelor's degree in finance and decision sciences from Miami University and holds the Chartered Financial Analyst designation. You can follow him on X @Morningstar Markets. Dave, welcome back to The Long View.BackgroundBioThe Morning FilterMorningstar Wide Moat FocusMarket Outlook: Healthcare, Tariffs, AI, and Inflation“2025 Market Outlook: Markets Are Priced to Perfection, but Will It Last?” by Dave Sekera, Morningstar.com, Jan. 10, 2025.“Don't Panic: It's Not 2022 All Over Again,” by Dave Sekera, Morningstar.com, Aug. 5, 2024.“Healthcare: Valuations Look Fair Overall, With Select Industries Still Undervalued,” by Karen Andersen, Morningstar.com, Oct. 3, 2024.“5 Stocks to Buy to Invest in AI With Less Risk,” The Morning Filter, Morningstar.com, Aug. 5, 2024.“Fed Rate Cut Shows the Main Battle Against Inflation Has Been Won,” by Preston Caldwell, Morningstar.com, Sept. 18, 2024.“We Expect GDP Growth to Weaken Until Fed's Rate Cuts Kick In,” by Preston Caldwell, Morningstar.com, Oct. 3, 2024.“US Stock Market Outlook: Tariffs Are 2025's Wild Card,” by Dave Sekera, Morningstar.com, Dec. 2, 2024.Other“Dave Sekera: Taking the Market's Temperature,” The Long View podcast, Morningstar.com, July 18, 2023.CFA SocietyCFA Society ChicagoStay Vigilant podcast
Alice Albright, CEO of the Millennium Challenge Corporation (MCC), joins Mike Shanley to discuss MCC's role in US foreign policy, key MCC accomplishments, future countries and sectors of work, and how organizations can partner with MCC. RESOURCES: - MCC LinkedIn: https://www.linkedin.com/company/millennium-challenge-corporation - MCC Instagram: https://www.instagram.com/mccgov/ - Doing Business with MCC: https://www.mcc.gov/work-with-us/mcc-business/ - MCC Business Forecast: https://www.mcc.gov/resources/doc/report-business-forecast/ - Procurements on sam.gov BIOGRAPHY: Alice P. Albright is the Chief Executive Officer of the Millennium Challenge Corporation where she provides strategic leadership and vision to the agency helping deliver on programmatic priorities. Ms. Albright has more than 30 years of international experience in the private, non-profit and public sectors. Prior to MCC, Ms. Albright served as the CEO of the Global Partnership for Education (GPE). As a political appointee of the Obama Administration, between 2009 and 2013, she was the Executive Vice President and Chief Operating Officer of the Export-Import Bank of the United States (Ex-Im Bank). Beforehand, she was the Chief Financial and Investment Officer for the Global Alliance for Vaccines and Immunizations (GAVI). Prior to working in international development and government, Ms. Albright was a banker focusing on emerging markets, working principally at J.P. Morgan. Ms. Albright has served on two G7 Gender Equality Advisory Councils, appointed first by the President of France for the 2019 G7 and subsequently by the Prime Minister of the United Kingdom for the 2021 G7. Additionally, she has served on the Boards of Williams College and Mercersburg Academy. Ms. Albright received her MIA from Columbia University's School of International and Public Affairs and her BA from Williams College. She is a Chartered Financial Analyst and a member of the Council on Foreign Relations. LEARN MORE Thank you for tuning into this episode of the Aid Market Podcast. You can learn more about working with USAID by visiting our homepage: Konektid International and AidKonekt. To connect with our team directly, message the host Mike Shanley on LinkedIn.
On this month's Cognitive Dissident's roundtable we discuss the fires in California with some boots on the ground as well as how Team Trump apparently is pushing the North American Union and Technate! Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: California on Fire as North America Becomes a Union #6 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics LegalShield https://hhrvojemoric.wearelegalshield.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
On this month's Cognitive Dissident's roundtable we discuss the fires in California with some boots on the ground as well as how Team Trump apparently is pushing the North American Union and Technate! Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: California on Fire as North America Becomes a Union #6 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics LegalShield https://hhrvojemoric.wearelegalshield.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
The World's #1 Personal Development Book Podcast! In today's episode we have the pleasure to interview Robert Hagstrom Author of “The Warren Buffett Way” Robert is a renowned investment strategist, portfolio manager, and best-selling author. With over 26 years of experience, he managed award-winning funds and grew assets to be worth billions. He's also frequent media commentator and Chartered Financial Analyst, Robert blends deep market expertise with a passion for teaching investment strategies In this episode, Robert shares about his journey from aspiring journalist to successful stockbroker and author of 'The Warren Buffett Way.' We talk about the pivotal moments that shaped his investment philosophy, particularly the influence of Warren Buffett. We dive into the importance of reading and writing in understanding investment strategies, the value of reading fiction, and reflections on his book's impact over the years. We also talk about the need to quiet the noise of financial media and he offers his perspective on how to approach investing with a long-term mindset. We hope enjoy this incredible conversation with Robert Hagstrom To learn more about Robert and buy his book follow the links below: The Book: https://a.co/d/5D5Wdth Website: https://www.equitycompass.com/https://www.linkedin.com/in/roberthagstrom/ https://x.com/robertghagstrom ________________________________________________ Join the world's largest non-fiction Book community! https://www.instagram.com/bookthinkers/ The purpose of this podcast is to connect you, the listener, with new books, new mentors, and new resources that will help you achieve more and live better. Each and every episode will feature one of the world's top authors so that you know each and every time you tune-in, there is something valuable to learn. If you have any recommendations for guests, please DM them to us on Instagram. (www.instagram.com/bookthinkers) If you enjoyed this show, please consider leaving a review. It takes less than 60-seconds of your time, and really makes a difference when I am trying to land new guests. For more BookThinkers content, check out our Instagram or our website. Thank you for your time!
Send us a text2024 has been an incredible year, and we are so grateful for the support of all our listeners!!But what can we expect in 2025? Today, we shift our focus to the new year with special guest Marta Norton, Chief Investment Strategist at Empower. Marta shares her insights on the recent Federal Reserve meeting, market expectations, economic trends, potential recession indicators, and the impacts of AI on the tech sector. We discuss equity valuations, the increased interest in private markets, and the ongoing debate around fiscal policy and government debt. Get ready for an in-depth discussion on navigating the uncertain landscape of 2025 with practical advice and long-term investment strategies.-------Marta Norton has more than 20 years of experience in the investment management industry. Prior to her role at Empower, Marta most recently served as Chief Investment Officer for the Americas at Morningstar. In that role, she helped oversee more than $57 billion in assets under management and advisement and directed strategies aimed at delivering a wide range of investment objectives, from income to capital appreciation.Norton held a series of progressively senior leadership positions with Morningstar during her 18-year tenure with the firm. Earlier in her career, Norton served as a research analyst at LECG, LLC and previously worked for the Bureau of Labor Statistics in Washington, DC in support of the agency's work on the highly watched monthly Producer Price Index, among other projects.Known for her exceptional macro-level market commentary and long-term market view, Norton has gained recognition across the financial industry, and appears regularly in the media, including the Wall Street Journal, CNBC, and Bloomberg.Norton has a degree in economics from Wheaton College in Illinois and holds the Chartered Financial Analyst designation.Our Investment Banking and Private Equity Foundations course is LIVE: Learn more HEREOr for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $25 HEREOur content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Software für Vermögensberater: Ist dieses Geschäftsfeld so lukrativ, wie es scheint? In dieser Episode von "Aktien mit Potenzial" stellen wir IntegraFin vor, einen Software-Player, der sich auf Vermögensberater spezialisiert hat. Besonders in Großbritannien profitiert das Unternehmen von steuerlichen Anreizen, die den Markt äußerst attraktiv machen. Die Transact-Plattform bietet Beratern Zugang zu geförderten Altersvorsorgeprodukten und punktet mit Transparenz und Benutzerfreundlichkeit. Ein Teil der Gewinne wird an die Kunden ausgeschüttet, was deren Nutzung der Software zusätzlich fördert. Unser Gast Marco Graßmann (CEO und Chartered Financial Analyst) deckt auf, warum IntegraFin so erfolgreich ist, welche Risiken das Geschäftsfeld birgt und wie das Unternehmen mit steigenden regulatorischen Anforderungen umgeht. Wir wünschen Ihnen viel Spaß beim Zuhören und freuen uns über Ihr Feedback!
In their monthly roundtable, the Cognitive Dissidents discuss world events including the unrelenting imperial regime change operations around the planet (e.g. South Korea, Georgia, Romania), the bitcoin Trojan Horse to usher in the Algorithm Ghetto, the acceleration of the Soylent Green agenda, and more! Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: Globalist Color Revolutions, BTC Trojan Horse, & Our Soylent Green Future! #5 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics LegalShield https://hhrvojemoric.wearelegalshield.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
In their monthly roundtable, the Cognitive Dissidents discuss world events including the unrelenting imperial regime change operations around the planet (e.g. South Korea, Georgia, Romania), the bitcoin Trojan Horse to usher in the Algorithm Ghetto, the acceleration of the Soylent Green agenda, and more! Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: Globalist Color Revolutions, BTC Trojan Horse, & Our Soylent Green Future! #5 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics LegalShield https://hhrvojemoric.wearelegalshield.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Send us a textOn the latest episode of The Get Ready Money Podcast, I spoke with Charlene Cong, CFA, investment coach and founder of FinFit about changing the way we think about money and democratizing financial literacy. In this episode we discussed:Simplicity wins with money. Why a long term mindset and consistency are critical for success.Investing is for everyone, not just for the rich. What is a Chartered Financial Analyst (CFA)?The relationship between fitness and finances. Start investing as early as possible - invest for your kids (it's the power of compound interest). Charlene H. Cong, CFA, is the founder of FinFit GmbH, a finance and investment educator, podcaster, and YouTuber. With over 10 years of experience in the banking industry, including a tenure at JPMorgan Asset Management, she is a Chartered Financial Analyst based in both Hong Kong and Switzerland. Charlene is an Executive Board Member of the Swiss Capital Market Forum. Connect with Charlene Cong:Website (website) www.charlenecong.comFinFit GmbH Website: www.finfitsolution.comLinkedIn (LinkedIn) https://www.linkedin.com/in/charlenecong/Instagram (Instagram) Resources:Budgeting and Spending Template (free): (here)Investment Masterclass: (here)Youtube (here) https://www.youtube.com/@CharleneCongPodcast:Charlene's Podcast (YouTube) Mentioned on this episode:The Get Ready Money Podcast: The Power of Compound Interest with Mac Gardner, Derrick Wesley, Chris Mouzon & Thomas Kopelman (here).Warren Buffett's Annual Letter to Berkshire Hathaway Shareholders (here).The Intelligent Investor: The Definitive Book on Value Investing by Benjamin Graham (Amazon). The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas Stanley and William Danko (here) The Four Money Bears by Mac Gardner (Amazon) The Monster Job by Faith Teope (Amazon)Sammy Rabbit's Money School (here)Support the show
In a world where financial security often feels elusive, the stories we tell ourselves—and those we share with others—can be the key to unlocking stability and growth. Join your host, Cindy Watson, as she sits down with Michael Cannivet, founder and President of Silverlight Asset Management, LLC, to explore "Negotiating Your Financial Security Through Story." Michael, a Georgetown University graduate and Chartered Financial Analyst, is known for his insightful financial writing featured in Forbes and RealClearMarkets. Together, they delve into the powerful role storytelling plays in financial decision-making, sharing strategies for shaping narratives that can strengthen your financial future. Whether you're navigating investments or personal finance, this conversation is packed with practical wisdom to help you make smarter, story-driven financial choices. In this episode, you will learn: How to coach clients for their financial future? How peopl get off track with their finances? How to have empowering story behind your financial plan? The key foundation of your financial plan What are the ingredients of a good story? How to get the right narrative? The four laps of the retirement race The biggest mistake people make in finances The difference in the genders when it comes to investment? The elements of the four minute retirement plan And many more! Learn more about Michael: Websites: https://michaelcannivet.com/ https://www.silverlight.us/ LinkedIn: https://www.linkedin.com/in/michael-cannivet-1684bb111/ Get his book: The Four-Minute Retirement Plan: Preserve Your Past, Secure Your Future, Live for Today If you're looking to up-level your negotiation skills, I have everything from online to group to my signature one-on-one mastermind & VIP experiences available to help you better leverage your innate power to get more of what you want and deserve in life. Check out our website at www.practicingwithpurpose.org if that sounds interesting to you Get Cindy's book here: Amazon https://www.amazon.com/Art-Feminine-Negotiation-Boardroom-Bedroom-ebook/dp/B0B8KPCYZP?inf_contact_key=94d07c699eea186d2adfbddfef6fb9e2&inf_contact_key=013613337189d4d12be8d2bca3c26821680f8914173f9191b1c0223e68310bb1 EBook https://www.amazon.com/Art-Feminine-Negotiation-Boardroom-Bedroom-ebook/dp/B0B8KPCYZP?inf_contact_key=94d07c699eea186d2adfbddfef6fb9e2&inf_contact_key=013613337189d4d12be8d2bca3c26821680f8914173f9191b1c0223e68310bb1 Barnes and Noble https://www.barnesandnoble.com/w/the-art-of-feminine-negotiation-cindy-watson/1141499614?ean=9781631959776 CONNECT WITH CINDY: Website: www.womenonpurpose.ca Facebook: https://www.facebook.com/womenonpurposecommunity/ Instagram: https://www.instagram.com/womenonpurposecoaching/ LinkedIn: linkedin.com/in/thecindywatson Show: https://www.womenonpurpose.ca/media/podcast-2/ X(Twitter): https://twitter.com/womenonpurpose1 YouTube:https://www.youtube.com/@hersuasion Email: cindy@womenonpurpose.ca
In their monthly roundtable, Cognitive Dissidents discuss the election fallout, pied pipers and false prophets, whether Trump is backed by the deep state or not, the unavoidable economic collapse, rumors of war, and more! Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: Election Fallout, False Prophets, & Rumors of War #4 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics LegalShield https://hhrvojemoric.wearelegalshield.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
In their monthly roundtable, Cognitive Dissidents discuss the election fallout, pied pipers and false prophets, whether Trump is backed by the deep state or not, the unavoidable economic collapse, rumors of war, and more! Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: Election Fallout, False Prophets, & Rumors of War #4 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using link) https://escapethetechnocracy.com/geopolitics LegalShield https://hhrvojemoric.wearelegalshield.com Sociatates Civis (CitizenHR, CitizenIT, CitizenPL) https://societates-civis.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Welcome to The Write Start Podcast! I'm your host Lisa Iannucci and my guest this week is someone I've known for many years and I'm thrilled she's here. Ann Logue (rhymes with vogue) is a writer specializing in business and finance. She is interested in the intersection of money, culture, investing, and technology. She is the author of five books, Options Trading (Alpha 2016; 2e Penguin 2023), Emerging Markets for Dummies (Wiley 2010), Socially Responsible Investing for Dummies (Wiley 2009), Day Trading for Dummies (Wiley 2007; 5e 2024), and Hedge Funds for Dummies (Wiley 2006; 2e 2023). She has also provided ghostwriting and technical editing services for books published by Bloomberg Press, ClydeBank Media, the International Monetary Fund, and Pearson Educational Services.In addition to her books, Logue has written about industries, executives, and current events for a wide range of consumer and trade publications. She has also taught finance at more places than I have time to list. She was once an analyst with Volpe Brown Whelan & Co., The Chicago Corporation, and Kemper Mutual Funds. She has written for Business Insider, Entrepreneur, and Alternatives Watch, among other publications. She lives in Chicago and holds the Chartered Financial Analyst designation. You're about to learn a lot in this episode. Enjoy!Please rate this episode where you listen to it and leave a review. Feel free to share the episode if you liked it and, if you'd be so kind, please follow me on Instagram @thewritestartpodcast. Until next time! Support the showIf you like what you've listened to and would like to support The Write Start podcast, please visit https://www.buzzsprout.com/1322467/supporters/new. I'll give you a shoutout on the show! Thanks! Support the showIf you like what you've listened to and would like to support The Write Start podcast, please visit https://www.buzzsprout.com/1322467/supporters/new. I'll give you a shoutout on the show! Thanks!
The sister plant to the ill-fated Three Mile Island (TMI) nuclear reactor in Pennsylvania is getting a new life. In this episode of Grid Talk, host Marty Rosenberg interviews Dan Eggers, executive vice president and chief financial officer of Constellation. Constellation will pay $1.6 billion to refurbish Unit 1 at Three Mile Island by 2028. It sits near Unit 2, the reactor that suffered a partial meltdown in 1979. Unit 1 is an independent reactor, and its long-term operation was not impacted by the Unit 2 accident. Unit 1 closed in 2019 due to financial conditions, but Microsoft has now agreed to purchase all the energy from the plant to meet demand for its data centers.“They are undeniably a sustainability leader,” Eggers said of Microsoft. “When we realized that this was a viable project in the sense that we could bring it back from a mechanical and technical perspective, we brought the opportunity to them, explained what it could be, and they were very enthusiastic.” Eggers says the need for additional generation made them take another look at TMI Unit 1. “We ran it for 20 years. It ran incredibly well, safely, reliably, dependably over that time,” said Eggers.Daniel L. Eggers is the executive vice president and chief financial officer for Constellation. In this role, he is responsible for leading the execution of all financial activities for the Constellation business. He serves on the Constellation Executive Committee, which sets strategy and direction for the company.Eggers joined Exelon in 2016. Prior to that he was with Credit Suisse for 18 years with a focus on energy-related sectors. Eggers received a bachelor's degree in Finance from Texas Christian University and received the Chartered Financial Analyst designation in 2000. He also completed the Massachusetts Institute of Technology's Reactor Technology Course in 2023.
Mike, Monica, and Hrvoje combine forces for their monthly "Cognitive Dissidents" roundtable to discuss war, elections, culture, and weather warfare. Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: WWIII, the US Selection, False Prophets, & a Hurricane on a Mission #3 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use promo code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using this link) https://escapethetechnocracy.com/geopolitics Expat Money Summit 2024 (use promo code EMPIRE for $100 off the VIP ticket!) https://2024.expatmoneysummit.com/?ac=8cDxEbJw LegalShield https://hhrvojemoric.wearelegalshield.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Mike, Monica, and Hrvoje combine forces for their monthly "Cognitive Dissidents" roundtable to discuss war, elections, culture, and weather warfare. Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: WWIII, the US Selection, False Prophets, & a Hurricane on a Mission #3 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use promo code GEOPOLITICS for 15% off!) https://easydns.com Escape The Technocracy course (15% discount using this link) https://escapethetechnocracy.com/geopolitics Expat Money Summit 2024 (use promo code EMPIRE for $100 off the VIP ticket!) https://2024.expatmoneysummit.com/?ac=8cDxEbJw LegalShield https://hhrvojemoric.wearelegalshield.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Is the US facing a hard landing, a soft landing or no landing? Have stimulus announcements fundamentally changed the China equities story? How should investors trade risks around the US election?Raymond James CIO Larry Adam joins Group Chief Economist Neil Shearing on the latest episode of The Weekly Briefing from Capital Economics. They talk to David Wilder about the big issues in global macro and markets in a wide-ranging chat that takes in:How quickly the Fed will unwind its restrictive policy and where it will stop cutting rates;What's holding European equities back from outperforming the US; Why escalating conflict in the Middle East hasn't had a big impact on markets so far, and what could change that.Further readingRaymond James Letter from the CIO: The Great American Road Triphttps://www.raymondjames.com/trimaranadvisors/resources/2024/10/01/the-great-american-road-tripCE Group Chief Economist Note: How Trump could erode the US economic advantage in a fractured worldhttps://www.capitaleconomics.com/blog/how-trump-could-erode-us-economic-advantage-fractured-worldCE: US Macro Scenarios dashboardhttps://www.capitaleconomics.com/data-and-charts/scenariosCE: China stimulus - Your questions answeredhttps://www.capitaleconomics.com/publications/china-economics-update/china-stimulus-your-questions-answeredCE: Latest thoughts on r* and where rates end this cyclehttps://www.capitaleconomics.com/publications/global-economics-update/latest-thoughts-r-and-where-rates-end-cycleAbout Larry AdamLarry Adam joined Raymond James in 2018 as the chief investment officer for Private Client Group. Prior to joining Raymond James, Larry, as a managing director, held the dual roles of CIO of the Americas and global chief investment strategist for Deutsche Bank private wealth management. He sat on the U.S. investment committee, the management team responsible for investment strategy and asset allocation for U.S. discretionary client portfolios. He was also a member of Deutsche Bank's global investment committee that formalizes and establishes the global house view. Prior to being named Deutsche Bank's global chief investment strategist, Larry was the head of the asset allocation and quantitative analysis group, the group responsible for analyzing and implementing client-specific asset allocation strategies. He joined Deutsche Bank in 1992.Larry received a B.B.A. with a concentration in finance from Loyola University Maryland in 1991 and received a master's degree in business with a concentration in finance from Loyola University Maryland in 1993. He received the Chartered Financial Analyst designation in 1996, the Certified Investment Management AnalystSM certification in 2001 and the Certified Financial Planner® designation in 2004. Larry has been featured prominently on CNBC and Bloomberg and is frequently quoted in well-known publications such as the Wall Street Journal, Barron's and the International Herald Tribune.About Neil Shearing Neil Shearing is Group Chief Economist at Capital Economics. He has overall responsibility for managing our team of economists and leading our research, as well as developing the firm's products and its relationship with clients. He is also a director of the company. Neil is the first point of contact for many clients and presents regularly on the global economic and financial market outlook. He is a well-known voice within the investment community and has written articles in the Financial Times and a number of other newspapers, as well as appearing regularly on TV and radio.Prior to becoming Group Chief Economist, Neil was Chief Emerging Markets Economist, managing a team that won several awards for forecast accuracy. He also managed our New York office. Neil joined Capital Economics from HM Treasury where he worked as an Economic Adviser in various areas, including fiscal policy and global economics. He holds degrees in Economics from the University of York and the University of London and is a Fellow of the Royal Society of Arts.
In this episode of Financial Decoder, host Mark Riepe and Susan Hirshman discuss the financial aspects of owning a pet. Susan highlights the responsibilities, costs, and emotional attachment that come with pet ownership, emphasizing the importance of financial planning. Mark asks her about the role of pet insurance in covering unexpected expenses and for tips for comparing policies. They also explore creative workarounds for those who may not be able to afford a pet on their own.Susan Hirshman is a director of wealth management for Schwab Wealth Advisory and the Schwab Center for Financial Research. She's also a Chartered Financial Analyst, a Certified Financial Planner Professional and a Certified Public Accountant—and a pet owner.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.Reach out to Mark on X @MarkRiepe with your thoughts on the show.Follow Financial Decoder on Spotify to comment on episodes. 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. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.All 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.Schwab Wealth Advisory™ ("SWA") is a non‐discretionary investment advisory program sponsored by Charles Schwab & Co., Inc. ("Schwab"). Schwab Wealth Advisory, Inc. ("SWAI") is a Registered Investment Adviser and provides portfolio management for the SWA program. Schwab and SWAI are affiliates and are subsidiaries of The Charles Schwab Corporation.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.Spotify and the Spotify logo are registered trademarks of Spotify AB.(0924-VGUA)
On this week's Money Matters, Scott and Pat discuss the importance of starting your year-end financial planning early. From maximizing your 401k and HSA contributions to considering Roth conversions and tax-loss harvesting, they cover key strategies to optimize your financial health before the year ends. They also take a deep dive into Buffered ETFs with Allworth's Victoria Bogner, a Chartered Financial Analyst and Certified Financial Planner. Victoria explains how buffered ETFs work, their benefits, and the ideal circumstances under which they should be used. Whether you're nearing retirement or a risk-averse investor, you'll find valuable insights on how to incorporate these into your portfolio. Lastly, Scott and Pat address listener questions about Social Security benefits and estate planning, offering practical advice to ensure you're making the most of your financial resources. Join Money Matters: Get your most pressing financial questions answered by Allworth's CEOs Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here. You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.
Mike and Monica join Hrvoje in the second episode of their new monthly roundtable "Cognitive Dissidents" to discuss how the West is rapidly going totalitarian, deploying 15-minute cities, and how the climate scam might be a ruse in order to direct more energy use toward AI and data centers needed to operate the dystopian Algorithm Ghetto. Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: West is Going Full 1984, 15m Cities, & the AI Climate Scam #2 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use promo code GEOPOLITICS for 15% off!) https://easydns.com Expat Money Summit 2024 (use promo code EMPIRE for $100 off the VIP ticket!) https://2024.expatmoneysummit.com/?ac=8cDxEbJw LegalShield https://hhrvojemoric.wearelegalshield.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Mike and Monica join Hrvoje in the second episode of their new monthly roundtable "Cognitive Dissidents" to discuss how the West is rapidly going totalitarian, deploying 15-minute cities, and how the climate scam might be a ruse in order to direct more energy use toward AI and data centers needed to operate the dystopian Algorithm Ghetto. Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · Cognitive Dissidents: West is Going Full 1984, 15m Cities, & the AI Climate Scam #2 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use promo code GEOPOLITICS for 15% off!) https://easydns.com Expat Money Summit 2024 (use promo code EMPIRE for $100 off the VIP ticket!) https://2024.expatmoneysummit.com/?ac=8cDxEbJw LegalShield https://hhrvojemoric.wearelegalshield.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
My guest this week is Ben Barringer, a Chartered Financial Analyst, Global TMT Analyst, and Executive Director at Quilter Cheviot. This slightly different podcast interview is a taster of our upcoming Breakfast Seminar on September 26th at St John's Mill, Isle of Man, where Ben will be our guest speaker. He will be discussing everything you ever wanted to know about AI but were too afraid to ask. The Thornton team and I are eagerly looking forward to Ben's presentation. There's so much we can explore in the realm of AI. Please send any questions in advance of the seminar. If you can't make the seminar, Ben has kindly offered some time slots on September 25th and 26th for personalised sessions on technology and AI. This is a great opportunity to get answers to your important questions. In the meantime, have a listen to episode 118 and get in touch if you wish to attend on the 26th. For more information about the seminar visit thorntonfs.com/ai-breakfast-seminar/ or drop us an e-mail mail@thorntonfs.com
Hi friends! I'm so excited to welcome Brian Murphy to the podcast today! I tracked him down at the Biohacking Conference because I loved his company, their mission, and his overall energy and vibe. I could tell he was just a genuine, cool, positive person, and I knew he'd be an amazing fit for the show. Here's what we talk about today: - What are adaptogens and how do they work? - Our broken food system and the purpose behind Living Prana - Cultivating a positive mindset and creating motivation, even when you don't feel like it - His tips for being Healthy In Real Life - and so.much.more. 171: The power of adaptogens with Brian Murphy Here's more about Brian and his background: Brian is the CEO and co-founder of LIVING PRANA, a functional food company transforming unhealthy packaged foods with nutrient-dense superfoods. He is a champion for reform of a U.S. food system to provide food that creates health, raising the bar on transparency, integrity and sustainability for the businesses feeding America. A former investment banker and strategic growth leader, he has invested in, advised, and built businesses for the past 15 years, working shoulder-to-shoulder with many entrepreneurs and leading growth for private equity-backed and public companies. Brian is a Chartered Financial Analyst. Combining this business experience with mindfulness practices, Brian is leading an evolution into a new conscious business paradigm that is accountable to its community, stakeholders and to the planet. In 2016, Brian hit a radical turning point as significant stressors drove his physical and mental health into a crisis – he called off a wedding, lost 65 pounds and sold his first business. This unlocked his passion to inspire others to prioritize their well-being using food as medicine after saving his own physical and mental health with functional foods. As Brian furthered his spiritual discovery, the path illuminated for him to create businesses that fulfill a greater purpose aligned with his transformation while healing people and the planet. In 2020, after the beginning of his spiritual journey, Brian flipped the keys on a longstanding successful corporate career to bet on himself as an impact creator and align his personal values with his entrepreneurial efforts. After his lifelong physical health struggles, his involvement in the business side of surgery and watching health decay of his loved friends and family, Brian dedicated his impact to build businesses that help optimize physical and mental well-being of everyone whose lives he touches. You can shop Living Prana here and use FITNESSISTA for 20% off! Follow him on Instagram and check out Living Prana's Instagram here. Partners: I've been using Nutrisense on and off for a couple of years now. I love being able to see how my blood sugar responds to my diet and habits, and run experiments. You can try out Nutrisense here and use GINA50 for $50 off. Join our community detox here! I love love love the meals from Sakara Life! Use this link and the code GINAHSAKARA for 20% off their meal delivery and clean boutique items. This is something I do once a month as a lil treat to myself and the meals are always showstoppers. If any of my fellow health professional friends are looking for another way to help their clients, I highly recommend IHP. You can also use this information to heal yourself and then go one to heal others, which I think is a beautiful mission. You can absolutely join if you don't currently work in the health or fitness industry; many IHPs don't begin on this path. They're friends who are passionate to learn more about health and wellness, and want to share this information with those they love. You can do this as a passion, or start an entirely new career. You can use my referral link here and the code FITNESSISTA for up to $250 off the Integrative Health Practitioner program. I highly recommend it! You can check out my review IHP Level 1 here and my review of Level 2 here. I'm still obsessed with my sauna blanket. This is one of my favorite ways to relax and sweat it out. I find that it energizes me, helps with aches and pains, I sleep better on the days I use this, and it makes my skin glow. Link to check it out here. You can also use my discount FITNESSISTA15 for the PEMF Go Mat, which I use every day, and the red light face mask, which is a staple in my weekly skincare routine. Get 20% off Organifi with the code FITNESSISTA. I drink the green juice, red juice, gold, and Harmony! (Each day I might have something different, or have two different things. Everything I've tried is amazing.) I'm currently obsessed with the shilajit gummies! Thank you so much for listening and for all of your support with the podcast! Please be sure to subscribe, and leave a rating or review if you enjoyed this episode. If you leave a rating, head to this page and you'll get a little “thank you” gift from me to you.
#189: Learn to master retirement market risks and safe withdrawal rates with finance expert Karsten Jeske. We explore key strategies like the 4% rule, sequence of return risk, and delve into roles of taxes, annuities, inflation protection, portfolio allocation, and even the psychological aspects of retirement planning. Karsten Jeske is the founder of Early Retirement Now, a blog where he shares his expertise in retirement planning, safe withdrawal rates, and financial independence. He has a PhD in economics and is a Chartered Financial Analyst. Link to Full Show Notes: https://chrishutchins.com/how-to-retire-early-karsten-jeske Partner Deals MasterClass: Learn from the world's best with 15% off Bilt Rewards: Earn the most valuable points when you pay rent Daffy: Free $25 to give to the charity of your choice DeleteMe: 20% off removing your personal info from the web Fabric: Affordable term life insurance for you and your family For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Karsten Jeske: Blog | X | LinkedIn Safe Withdrawal Rate Series Part 14 & Part 15: Sequence of Return Risk Part 28: Free DIY Withdrawal Rate Toolbox Part 35: Asset Location Part 43: Pre-Retirement Glidepaths Part 61: Safety First Blog Post: Stealth Frugality Shiller CAPE Ratio Alpha Architect 1-3 Month Box ETF: BOXX Blog For Tax Optimization: Go Curry Cracker ATH Podcast: Ep #2: Financial Independence Without a Six Figure Salary with Brad Barrett Ep #141: The Spectrum of Financial Independence and Tools to Track Your Progress with Brad Barrett Follow & Review on Apple Podcasts Email us for questions, tips, deals and feedback Full Show Notes (00:00) Introduction (02:00) Should Everyone Retire Early? (05:09) The Rule of 4% as a Guideline (09:46) The Role of Longevity in the 4% Rule (12:46) Using Historical Data for Retirement Simulations (19:11) Sequence of Return Risk: What It Means & What to Do About It (23:51) Strategies to Mitigate the Sequence of Return Risk (30:41) The Flexibility of Safe Withdrawal Rates (37:49) How to Adjust Withdrawal Rates Based on Current Market Conditions (45:53) The Reverse Glide Path Strategy (49:30) The Impact of Inflation on Retirement Planning (57:03) Evaluating Annuities (59:40) Ways to Consider Tax Optimization Strategies (1:04:29) How to Think About Portfolio Allocation During Accumulation (1:12:25) The Role of International Diversification in Equity Allocation (1:16:57) Karsten's View on Tax Loss Harvesting (1:20:34) Asset Location (1:22:35) Is Adding Leverage to Your Equity Worth It? (1:26:41) Advice for Someone Early in the Accumulation Phase (1:28:27) Stealth Frugality (1:29:39) How Do People Spend During Retirement? Connect with Chris Newsletter | Membership | Twitter | Instagram | LinkedIn Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Chris Hopkins is a lifelong learner, committed to helping others and keeping an optimistic view on life. In this episode, Chris shares his career highlights - all the way back to age 6 when he was selling vacuums with his grandmother, to being a plant superintendent right out of college, and selling his business and getting into the finance industry. We also discuss his passion for music and reading… including his western swing band that played at Riverbend a few times, and how he reads two or three books a week. Chris also opens up about the massive heart attack he had at the age of 39, how he recovered from it, and what it was like to receive a heart transplant and meet the donor's family. Chris Hopkins is the Co-Founder and Principal of Apogee Wealth Partners. He is a Chartered Financial Analyst and has been in the finance industry since 1998. You can learn more about Chris and Apogee on his website (apogeewp.com/team) and you can connect with him on LinkedIn (linkedin.com/in/chris-hopkins-cfa-7751745). If you liked this episode, we think you'll also like: Chip Baker's Morning Cup (E04) Becky Blaesing's Morning Cup (E26) Matt Hullander's Morning Cup (E68) ----more---- My Morning Cup is hosted by Mike Costa of Costa Media Advisors and produced by SpeakEasy Productions. Subscribe to the weekly newsletter here and be the first to know who upcoming guests are!
Hrvoje of The Geopolitics & Empire Podcast, Mike of The Parallel Systems Broadcast, and Monica of The Monica Perez Show have decided to band together for a monthly roundtable to discuss world events! It's an experiment! Heck, maybe we'll do twice a month! Heck, maybe we'll even throw in a monthly group Q&A with our respective members/supporters. Let us know what you think! Oh, and we need a name! Trilateral Commission was already taken...Committee of 3? No Silo Radio? Cognitive Dissidents? Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · The Unnamed Podcast: Hrvoje, Mike, & Monica's Maiden Voyage! #1 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use promo code GEOPOLITICS for 15% off!) https://easydns.com Expat Money Summit 2024 (use promo code EMPIRE for $100 off the VIP ticket!) https://2024.expatmoneysummit.com/?ac=8cDxEbJw LegalShield https://hhrvojemoric.wearelegalshield.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Hrvoje of The Geopolitics & Empire Podcast, Mike of The Parallel Systems Broadcast, and Monica of The Monica Perez Show have decided to band together for a monthly roundtable to discuss world events! It's an experiment! Heck, maybe we'll do twice a month! Heck, maybe we'll even throw in a monthly group Q&A with our respective members/supporters. Let us know what you think! Oh, and we need a name! Trilateral Commission was already taken...Committee of 3? No Silo Radio? Cognitive Dissidents? Watch on BitChute / Brighteon / Rokfin / Rumble / Substack Geopolitics & Empire · The Unnamed Podcast: Hrvoje, Mike, & Monica's Maiden Voyage! #1 *Support Geopolitics & Empire! Donate https://geopoliticsandempire.com/donations Consult https://geopoliticsandempire.com/consultation Become a Member https://geopoliticsandempire.substack.com Become a Sponsor https://geopoliticsandempire.com/sponsors **Visit Our Affiliates & Sponsors! Above Phone https://abovephone.com/?above=geopolitics easyDNS (use promo code GEOPOLITICS for 15% off!) https://easydns.com Expat Money Summit 2024 (use promo code EMPIRE for $100 off the VIP ticket!) https://2024.expatmoneysummit.com/?ac=8cDxEbJw LegalShield https://hhrvojemoric.wearelegalshield.com Wise Wolf Gold https://www.wolfpack.gold/?ref=geopolitics Websites Parallel Systems https://parallelmike.com Monica Perez Show https://monicaperezshow.com About Parallel Mike Parallel Mike is an organic farmer, investor and host of both the Parallel Systems Broadcast & Parallel Mike Podcast. He is passionate about living purposefully, natural health and self sufficiency. About Monica Perez The Monica Perez Show offers a variety of content from Real NEWS REELs, where Monica uses her research and analytical skills to get to the bottom of top headlines from a perspective of truth, liberty & justice; Highlight Reels, where Monica kicks back with the best and the brightest from the podcasting world; and her Interview series where she brings listeners fascinating interviews with principled thought-leaders and experts in fields of interest essential to those who seek the truth about the parasites-that-be or simply pursue an autonomous and independently healthy lifestyle. Monica was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens, all of whom–including a very special son who has Down syndrome–really keep things interesting! Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.* (*This hobby may or may not be related to having three teens and living in LA.) Monica also co-hosted The Propaganda Report and the Drivetime News Blast as well as Deep Dives with Monica Perez. *Podcast intro music is from the song "The Queens Jig" by "Musicke & Mirth" from their album "Music for Two Lyra Viols": http://musicke-mirth.de/en/recordings.html (available on iTunes or Amazon)
Vanguard Hosts Brad Wright and Chris Boyd are joined by Ted Dinucci, an investment strategist with Vanguard's Investment Advisory Research Center, the team tasked with creating thought leadership for their intermediary advisory partners across a range of investment, wealth management, and financial planning topics. They discuss: -Individual bonds vs bond funds - How to utilize each for income during retirement -Which is better during a falling interest rate environment Learn more at: https://advisors.vanguard.com/advisors-home Join Vanguard at the following New England locations: -Vanguard RIA Social: Envio on the Rooftop – Portsmouth, NH: Wed Aug 21 st 4:30pm –7:30pm PLEASE RSVP -Vanguard RIA Social: Granary Tavern – Boston (Financial), MA: Thurs Aug 22 nd 4:30pm-7:30pm PLEASE RSVP -Vanguard RIA Meet & Connect Luncheon – Riverbend (Marriott) Newton, MA: Thurs Aug 22 nd 12pm-2pm PLEASE RSVP - Vanguard Symposium - Marriott Long Wharf – Boston, MA: Thurs, Oct 24 th 9:30am–3pm: RESERVE A SPOT NOW and you'll receive an email invite. Additional details to follow. Or at the FPA-NE NexGen event: - FPA NE NexGen Presents Build Your Client Service Team (formally Cross Industry Networking): Lily's Boston (Financial) Thus, Aug 8 th 5pm – 7pm - one of FPA's most popular events of the season! https://lp.constantcontactpages.com/ev/reg/t3jvpz5 [lp.constantcontactpages.com] Investment Advisory Research Center OCTOBER 2022 Individual bonds versus bond funds: Our thoughts on the advisory practice and client outcomes Key takeaways • Forecasting markets accurately is difficult. A much more reliable prediction to make: What questions clients will ask during periods of rising interest rates. Inevitably, rising rates environments prompt a flood of inquiries about whether advisors and their clients are better off purchasing individual bonds or pooled products, such as mutual funds and exchange-traded funds (ETFs). These questions stem directly from the “principal at maturity” myth, which argues that bond funds will sell bonds at a loss when rates rise, while portfolios of individual bonds can be held to maturity and avoid losses. • Ultimately, bond funds operate the same way as portfolios of individual bonds when cash flows are being reinvested. However, the former generally offer greater return opportunities, lower transaction costs, and higher liquidity—as well as time savings for your practice—than comparable portfolios of individual bonds. Thus, advisors pursuing portfolios of individual bonds should expect to pay greater direct and indirect costs for maintaining complete control of client bond portfolios. The price tag for this control is higher for buyers of municipal and corporate bonds than for buyers of U.S. Treasuries. • Given the higher risks and costs associated with portfolios of individual bonds, and the time they take to manage, most advisors are better served by low-cost mutual funds and ETFs. Particularly in the case of municipal and corporate bonds, it is likely that only clients with enough resources to build a portfolio of comparable scale to a mutual fund (or ETF) can afford to pay the costs for these control advantages. • Consider this report as a resource to inform your client discussions—either for proactive conversations about fixed income portfolio decisions, or to satisfy questions and concerns clients bring to you. For clients who may be partial to holding individual bonds for emotional reasons, the following analysis provides you with empirical data points that could guide them to a more beneficial approach. We also believe the strategies outlined herein can ultimately empower you with more time for higher-value activities, such as deepening client relationships. Authors: Ted Dinucci, CFA | Chris Tidmore, CFA, CPA | Chris Pettit, CFA Acknowledgments: The authors extend our thanks to Elizabeth Muirhead, CFA, and Edward Saracino for their contributions to this report, and to Donald G. Bennyhoff, CFA, and Scott J. Donaldson, CFA, for their prior research, which greatly informed this paper. 2 Introduction The market and economic backdrop today appear highly uncertain, with the highest inflation in 40 years, a series of large rate hikes from the Federal Reserve, and Russia's war in Ukraine, to name a few factors. Understandably, the confluence of these events has led to significant market volatility. It's also led some investors to question the merits of pooled bond vehicles and to ask whether they may be better served by directly owning a portfolio of individual bonds. In some cases, there can be benefits to owning individual bonds, for instance, a nominal immunization strategy where the goal is matching portfolio cash flows to liabilities. However, for the vast majority of advisors and the investors they serve, the likely appeal of individual bonds is largely based on the principal at maturity myth, and embracing it is likely to diminish returns, diversification, and return on your time. This paper offers our perspective on the primary advantages bond funds have over portfolios of individual bonds in the three key regards of returns, diversification, and return on your time (in exchange for less control over individual securities).1 More important, for the vast majority, accessing fixed income via low- cost active or passive funds is likely to provide better outcomes than the direct ownership of individual bonds—even with the hurdle of ongoing management fees. However, we'll first address the flaws in the principal at maturity myth, since this misconception is what generates so much interest in the topic. FIGURE 1. Benefits of choosing either a bond fund or individual bond BOND FUNDS INDIVIDUAL BONDS INCREASED CONTROL ✓ INCREASED DIVERSIFICATION ✓ INCREASED RETURN OPPORTUNITIES ✓ LOWER TRANSACTION COSTS ✓ 1 Vanguard 2017. 3 FIGURE 1. Benefits of choosing either a bond fund or individual bond BOND FUNDS INDIVIDUAL BONDS INCREASED CONTROL ✓ INCREASED DIVERSIFICATION ✓ INCREASED RETURN OPPORTUNITIES ✓ LOWER TRANSACTION COSTS ✓ The principal at maturity myth Holding an individual bond to maturity offers little to no financial benefit to you or your clients versus a pooled product when cash flows are reinvested, as often occurs in laddered individual bond strategies.2 Both portfolios operate in a similar way, but the laddered portfolio is likely to incur greater trading costs and have less diversification. The way that advisors account for laddered bonds in their client statements—by not marking the bonds to their current value, in order to avoid recognizing a paper loss—helps to reinforce the behavioral bias and may mitigate business risk for the advisor. Ultimately, bond prices are inversely related to changes in interest rates: When interest rates rise, the bond's price falls, and vice versa. This is because a bond's coupon payments are typically fixed at issuance, leaving price as the only variable that can be adjusted to make the bond's yield competitive with that of newly issued bonds of similar risk and maturity. This is illustrated in Figure 2. If 10-year bonds are currently yielding 4%, the price of a 2% coupon bond—to be competitive—must decline to a level that results in a 4% yield-to-maturity. In this example, that price is 83.65% of the face value (or $836.50 per $1,000 face value). The 2% bond would provide the same return as the 4% coupon bond trading at par, but some of the return would come from the bond's appreciation from $836.50 to its $1,000 value at maturity, as opposed to the coupon payments. This price adjustment punctures the common myth that holding an individual bond to maturity will provide a financial benefit to your clients. Absent transaction costs, when interest rates change, prices adjust so that total returns will be equal from that point forward, regardless of whether the bond is held to maturity or sold at the prevailing market price with the proceeds reinvested. FIGURE 2. How bond prices adjust to keep yields-to-maturity the same A comparison of hypothetical bonds with 10 years to maturity Coupon (annual interest payment) 6% 4% 2% Market price as a percentage of face value 116.35% 100% 83.65% Yield to maturity 4% 4% 4% Source: Vanguard. This hypothetical illustration does not represent any particular investment and the rate is not guaranteed. FIGURE 3. Total returns closely match starting yields, regardless of whether prices are above (or below) par 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 Forward annualized return versus starting yield Starting yield Forward annualized return when starting price is above par Forward annualized return when starting price is below par Figure 3 demonstrates this point by comparing the forward annualized return for the Bloomberg U.S. Aggregate Bond Index, adjusted for duration, with its starting yield. Here, it is readily apparent that future returns closely track starting yields. Moreover, the narrative doesn't change whether the index is trading above or below par. Therefore, when evaluating bonds with the same characteristics but with different coupon payments, it is always best to compare their yields to maturity.3 Notes: Returns represent the annualized return on the Bloomberg U.S. Aggregate Bond Index using monthly data for the period that aligns with the index's starting modified adjusted duration, rounded to the nearest month. For instance, if on December 31, 2005, the duration on the index was 5 years, the forward annualized return would be from January 1, 2006, to December 31, 2010. Yields represent the index's yield to worst (YTW) at the start of each calculation period. YTW is a measure for the lowest possible yield that may be earned on a bond absent the issuer defaulting. The last observation in the figure is September 30, 2015, because after that date the index's starting duration is longer than the time series. Past performance is no guarantee of future returns. The performance of an index is not an exact representation of any particular investment, as you cannot invest directly in an index. Sources: Vanguard analysis of Bloomberg data, as of March 2022. 2 Laddering refers to building a portfolio of bonds with a range of maturities. 3 Yield-to-maturity is the percentage rate of return on a bond, assuming that the bond is held to maturity. For bonds that may be called prior to their stated maturity, yield-to-worst is a preferable measure, as it accounts for the bond's call feature and represents the lowest possible yield that may be earned assuming no default. 4 As mentioned, this principal at maturity myth typically surfaces only when interest rates rise or are expected to rise. If rising rates mean there is a financial benefit to holding bonds to maturity, then falling rates should mean there is a benefit to selling them and reinvesting the proceeds in new bonds. Thus, an active trading strategy would be preferred over a simple buy-and-hold, laddered bond portfolio to take advantage of the market inefficiency. Ironically, this environment has been the norm for the past 20-plus years, yet the trading concept has not been endorsed by the investment community. One doesn't hear that when interest rates are falling, an open-end mutual fund or ETF with no set maturity date is the preferred structure. Thus, the appeal of holding a bond to maturity is likely emotional, as by not selling a bond at a discount to par, your clients are able to avoid the mental roadblock of “recognizing” a loss. Rather than let this behavioral bias win, advisors can seize this as an opportunity to flex their coaching muscles and leverage the trust they've built with clients to help produce better outcomes. Consider this analogy: Just because you chose not to sell your house when prices dipped does not mean it's worth more than the home of your neighbors, who did sell. The same logic applies to fixed income—whether the bonds are held individually, in a bond fund, or in a separately managed account (SMA).4 Diversification can mean higher returns for similar levels of risk In fixed income investing, diversification among issuers, credit qualities, and term structures is a primary consideration for municipal and corporate bonds. For laddered bond portfolios, issuance calendars do not offer consistent access to all types of bonds. On the contrary, with bond funds, greater diversification is possible because of the larger pool of investable assets and the continuous investment in new offerings. This, coupled with the professional staff needed to conduct risk, trade, and credit analysis allows funds to seek return opportunities farther out on the credit quality spectrum than is possible for an advisor. In the case of the latter, their clients may be seriously affected if even one issuer in their (much smaller) portfolio encounters problems. In the case of corporate bonds (and munis), the dynamic nature of credit risk makes it essential to diversify issuer- specific risk. The price volatility that results from a change in an issuer's credit rating is typically asymmetrical: When a credit downgrade occurs, a bond usually will drop much further in price than it would rise on news of an upgrade. This means that for holders of individual corporate bonds, the penalty for choosing a bond that is downgraded is usually greater than the reward for choosing one that gets upgraded. Professional fund managers who are fully focused on credit analysis may be better suited to spot these trends sooner and avoid the negative effects of downgrades and defaults. FIGURE 4. Incremental pickups in yields available relative to AA rated corporates Average option-adjusted spread Average cumulative defaults 0.0% 0.2% 0.4% 0.6% 0.8% 1.0% 1.2% 1.4% 1.6% 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% AA rated Broad investment-grade Credit quality 0.98% 0.55% As a result, many individual bond portfolios exhibit a higher-quality bias relative to bond funds because of the inability to fully benefit from diversification. As shown in Figure 4, higher return opportunities, in terms of incremental yield, are available beyond AA rated corporates to compensate for the low, but always possible, risk of default—even when staying within the corporate investment-grade universe. A more diversified approach that spans the spectrum of investment-grade corporates can translate into a meaningful increase in yield without sacrificing the primary role of high-quality fixed income in a portfolio—acting as a ballast to risk assets. It should be noted that diversification of credit quality can also be achieved through passive exposure. Notes: Average option-adjusted spreads (OAS) cover the period of January 1997 to April 2022. AA rated as represented by ICE BofA US Corporate Index Option-Adjusted Spread; and broad investment-grade as represented by ICE BofA US Corporate Index Option-Adjusted Spread. OAS is a measure of the difference in yield of a bond and the comparable risk-free rate, adjusted to account for any embedded option. Analysis begins with AA rated corporates, as there are only two AAA rated corporate issuers. Average cumulative defaults are calculated by FitchRatings and represent the 10-year average cumulative defaults for the period of January 1990 to December 2021. Default rates are calculated on an issuer or security basis as opposed to dollar amounts. Sources: Federal Reserve Bank of St. Louis, FitchRatings, and Vanguard analysis, as of April 2022. 4 Separately managed accounts are investment portfolios that are directly owned by an investor and managed by a professional investment firm. 5 FIGURE 5. Growth of hypothetical $1 million initial investment from January 1997 Ending wealth in (million USD) $3.2 $3.3 $3.4 $3.5 $3.6 $3.7 $3.8 $3.9 $4.0 AA corporates Broad I-G corporates $4.1 $4.2 Ending wealth with AA corporates Excess wealth with lower quality Figure 5 translates the lost return opportunities in Figure 3 into actual excess wealth created by expanding the investment opportunity set beyond AA rated bonds.5 For a long-term investor, being broadly invested in investment-grade corporates would have produced an additional $400,000 of nominal wealth, given a hypothetical, initial $1 million investment in 1997, relative to the same investment in AA rated corporates. Moreover, through broad diversification, as an advisor, you would be able to increase your client's long-term expected returns for their fixed income holdings, while significantly reducing single-issuer risk and still maintain high overall credit quality. Notes: Figure assumes a hypothetical initial $1 million investment on January 1, 1997, and held until April 30, 2022. AA corporates as represented by ICE BofA 5–10 Year AA US Corporate Index; and broad I-G corporates as represented by ICE BofA 5–10 Year US Corporate Index. Sources: Vanguard analysis of Morningstar data, as of April 2022. Past performance is no guarantee of future returns. The performance of an index is not an exact representation of any particular investment, as you cannot invest directly in an index. Transaction costs are real, but often go overlooked All bond portfolios incur costs. Though the management cost component often receives the lion's share of attention because it is readily apparent and known in advance, it also represents only one part of the equation. Less scrutinized, but similarly detrimental to long-term financial outcomes are transaction costs (e.g., bid-ask spreads). Ultimately, bid-ask spreads tend to vary by trade size and bond sector, and the size of the spread is typically larger for small transactions. Bond mutual funds and ETFs buy and sell large quantities of bonds, and these large transactions can command higher prices for sales and lower prices for buys. So long as the size of the spreads paid or received are inversely related to purchase lot size, bond funds have a transaction cost advantage over individual bond portfolios. The benefits of scale are most significant in the municipal bond market, but still relevant and tell a similar story to that of corporates. Figure 6 illustrates this point. It shows that in the municipal bond market, the spread for a retail trade (less than $100,000 per bond) on average has been consistently higher than that for an institutional trade. Specifically, between January 2019 and April 2021 the effective spread for transactions with a par value between $25,001 and $100,000 averaged 56.4 basis points (bps), while transactions with a par value of over $1 million averaged 20.2 bps. This differential translates to lower total return for clients who are not able to transact at scale.6 Additionally, large firms, such as Vanguard, are able to get the broadest access to bonds in the primary market, so it's not only about the size of the trade and lower costs, but also what bonds one gets to purchase. This is especially important as there tends to be a drop-off in liquidity as time passes from issuance. FIGURE 6. Spreads are significantly wider for retail trades relative to institutional trades (bps) $10,000 or less $10,001- $25,000 $25,001- $100,000 $100,001- $1 million $1 million+ 20.2 56.4 35.5 63.6 81.9 In the end, higher spreads translate into lower returns. Whether creating a taxable or tax-exempt bond portfolio for a client, the basic decision comes down to this: Does the fund expense ratio detract less from the portfolio's total return than (1) the return surrendered by a higher credit-quality bias, if one exists, (2) the default risk, if there is no quality bias, or (3) the additional transaction costs? It would be rare for the fund expense ratio (particularly in the case of a lower-cost bond fund) to be larger than the other costs. Notes: The above figure shows the average effective spread for municipal bond transactions of various sizes from January 2019 to April 2021. Effective spread is a measure of customer transaction costs and is computed daily for each bond as the difference between the volume-weighted average dealer-to-customer buy and sell price, and is then averaged across bonds using equal weighting. Sources: MSRB data and Vanguard analysis. 5 Though an advised client's fixed income portfolio is unlikely to be comprised of only intermediate-term (5- to 10-year maturity) U.S. corporate bonds. 6 As a simple example, if constructing an initial bond portfolio with an average duration of five years and transaction costs of 50 bps, it would translate to 10 bps per year. 6 Control of the portfolio One, or perhaps the only, advantage of self-directed individual bond portfolios and, to some extent, SMAs over pooled vehicles is the owner's ability to influence portfolio decisions. The motivation for maintaining control generally falls into three camps: strict portfolio guidelines that place firm restrictions on portfolio characteristics, such as credit-quality (e.g., all-AA portfolio) or limits on derivatives usage; matching portfolio cash-flows with specific liabilities (e.g., cash-flow matching); and tax concerns. Given the inflexibility of the first, and presumably, high-level of certainty of the second, we'll focus on the potential tax considerations, as certain common beliefs may be overstated and therefore warrant a discussion. Regarding taxes: Because clients directly own the bonds in an SMA or a laddered bond portfolio, as their advisor you can use any net losses from individual bond positions for tax purposes to partially offset your client's earned income or to offset realized capital gain liabilities from other investments. A mutual fund or ETF, on the other hand, cannot pass through realized losses to its shareholders. Instead, the fund uses realized losses against realized gains, and carries forward any excess losses to be used against future gains. Although this may defer the pass-through of losses, it provides long-term tax efficiency to the pooled structure. In addition, as the advisor, you have a further option: You can sell your clients' fund shares to realize a loss where applicable. Regarding individual bond portfolios or SMAs, another factor to consider is that to take advantage of losses in these accounts, you will incur transaction costs for your clients on both the sale of the current bond and the purchase of the new bond. Though all the above applies to both taxable and tax- exempt bonds, in terms of the latter, there is often the additional consideration of alternative minimum taxes (AMT). With an individual bond portfolio or SMA, the portfolio can be tailored to bonds that are exempt from AMT or specific to issues from your client's home state. While this is true, it is important to acknowledge that there are currently a number of state-specific vehicles available for your clients—particularly in states with high tax rates. Also, though it's sometimes forgotten, the key point that advisors should be concerned with is seeking to maximize client after-tax returns, rather than with minimizing taxes. Bonds issued outside a client's home state and bonds subject to AMT often carry higher yields to maturity. As a result, your clients may well get higher after- tax returns from a portfolio including such bonds. In addition, clients gain from increased diversification—an important benefit. With the preceding considerations in mind, it may be impractical to transition clients from their existing SMA solutions or portfolios of individual bonds into a primarily fund-aligned strategy. For advisors that already utilize an SMA or construct their own bond sleeves, a bond fund can serve as a strong complement—by providing some additional liquidity to the portfolio and a solution for reinvesting periodic cash flows from their individual bond holdings (or SMAs) to reduce potential cash drag. Conclusion For the reasons described in this paper, the vast majority of advisors who invest for their clients are best served through low-cost bond funds. Only those advised clients with the resources to achieve scale comparable to that of a mutual fund should consider putting certain control features ahead of the benefits that a pooled investment vehicle offers. Funds generally provide better diversification, greater return opportunities, lower transaction costs, and higher liquidity for your clients. For advisors, the time savings from outsourcing the day-to-day portfolio management can be reinvested in higher returning opportunities, such as deepening client relationships and growing your practice. Although bonds that are held directly can provide certain advantages over bond mutual funds—primarily related to control over security-specific decisions—such control comes at a cost. To construct an individual bond portfolio, an advisor must assign a very high value to the control benefits to justify the higher costs and additional risks involved. 6 7 References Bennyhoff, Donald, Scott Donaldson, Jamese Dunlap, and Daren Roberts, 2017. A topic of current interest: Bonds or bond funds? Valley Forge, Pa.: The Vanguard Group. Bennyhoff, Donald G., 2009. Municipal bond funds and individual bonds. Valley Forge, Pa.: The Vanguard Group. Donaldson, Scott J., 2009. Taxable bond investing: bond funds or individual bonds? Valley Forge, Pa.: The Vanguard Group. Li, David, Charlotte L. Needham, and Jake Han, 2022. 2021 Transition and Default Studies. FitchRatings. Wu, Simon Z., and Nicholas J. Ostroy, 2021. Transaction Costs During the COVID-19 Crisis: A Comparison between Municipal Securities and Corporate Bond Markets. Washington, D.C., Municipal Securities Rulemaking Board. Connect with Vanguard® advisors.vanguard.com • 800-997-2798 All investing is subject to risk, including the possible loss of the money you invest. Be aware that fluctuations in the financial markets and other factors may cause declines in the value of your account. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income. Bond funds are subject to the risk that an issuer will fail to make payments on time and that bond prices will decline because of rising interest rates or negative perceptions of an issuer's ability to make payments. Investments in bonds are subject to interest rate, credit, and inflation risk. Although the income from municipal bonds held by a fund is exempt from federal tax, you may owe taxes on any capital gains realized through the fund's trading or through your own redemption of shares. For some investors, a portion of the fund's income may be subject to state and local taxes, as well as to the federal Alternative Minimum Tax. Diversification does not ensure a profit or protect against a loss. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. We recommend that you consult a tax or financial advisor about your individual situation. Vanguard is investor-owned, meaning the fund shareholders own the funds, which in turn own Vanguard. © 2022 The Vanguard Group, Inc. All rights reserved. U.S. Patent No. 6,879,964. FAIBVBF 112022
The team sits down with Rishi Jain to discuss Cross River's marquee wind, hydro, nuclear, hydrogen, ammonia project in the revitalized heavy industrial Port of Belledune, New Brunswick, Canada. About Rishi Jain:Rishi is a Partner and Managing Director at Cross River Infrastructure Partners. He leads the hydrogen and nuclear business development activities of the firm and is responsible for all aspects of project origination. Rishi also manages commercial processes, stakeholder relations, is closely involved with financial structuring of projects, and is the lead for strategic partner relationships.Prior to joining Cross River, Rishi was a special situations and macro analyst at Great Oaks Capital Management, focused on energy, natural resources, and industry. Rishi also originated and managed the firm's earlier stage investments in new industrial clean-tech and clean-resource companies. Rishi is a graduate of the Wharton School at the University of Pennsylvania and also completed the Chartered Financial Analyst program. About Cross River Infrastructure Partners:Cross River is an early-stage developer of clean energy infrastructure including clean fuels production such as clean industrial-scale hydrogen and ammonia production via water electrolysis, as well as nuclear and renewable power generation. Within nuclear, Cross River is focused on development of advanced nuclear projects, deploying generation IV SMRs for industrial CHP and hydrogen, as well as medical and industrial radioisotope production. The group also develops wind, solar and storage solutions primarily for upstream green hydrogen and green industrial production.--Links:https://crossriverip.com/https://www.portbelledune.ca/green-energy-hub/green-hydrogen-project
Stay in touch and sign up for Paco's weekly email newsletter, The Nerdletter. In this episode of Weird Finance, host Paco de Leon, along with Stephanie Bucko and Cristina Livadary from Mana Financial Life Design (@manafld), dive into the essentials of thinking like a financial planner. They discuss targeting clients with growth mindsets, particularly those in helping professions and the sandwich generation. Stephanie explains the trade-offs for business owners aiming to keep taxes low versus paying more into Social Security and retirement plans. Christina shares insights on mastering personal finance and emphasizes the importance of understanding financial numbers. Cristina is a Certified Financial Planner® and Registered Life Planner®. Before Mana, she led sales and consulting efforts as a Regional Director with Russell Investments, where she consulted for and worked with over 10,000 financial advisors. After years of experience in the industry she grew dissatisfied with the wide disparities in knowledge, empathy, and skill within the advisor population. Cristina is a Bucknell University graduate, with a BA in Political Science and Spanish. She launched Mana with Stephanie in 2018 based on the belief that even greater success can be achieved by solving issues holistically - with individuals and their families. Since founding Mana, Cristina has been recognized for her accomplishments within the industry by leading organizations such as Investment News' 40 under 40 in 2020 and Investopedia's Top 100 Advisors in 2023. Cristina is living her own life plan, working in her dream career as a business owner and a financial life planner who does everything in her power to positively impact the lives of her clients. When she's not hard at work, you can find Cristina in the great outdoors. She is passionate about surfing and adventuring around the world with her family and friends. Stephanie is a Certified Public Accountant and Chartered Financial Analyst®. She graduated from Bucknell University with a BSBA in Accounting. Following her undergraduate education, she audited hedge funds in New York City with PricewaterhouseCoopers during the 2008 financial crisis, and then joined Man Group, the world's largest publicly traded hedge fund. At Man Group she served as a risk manager for six years, handling $15 billion in hedge funds. After years of serving banks, pensions and endowments, Stephanie became interested in bringing institutional quality services to a broader population. In 2018, Stephanie launched Mana with Cristina out of the realization that investment management is only a small piece of the services that individuals truly need in a financial advisor. Since founding Mana, Stephanie has been recognized for her accomplishments within the industry by leading organizations such as Investopedia's Top 100 Advisors of 2023. She is also a regular contributor to MyStockOptions.com, the financial advice industry's premier site for equity compensation. When Stephanie isn't educating herself on the markets or building complex spreadsheets, you can find her outside. Her favorite days are spent on the ski slopes, riding horses, and bird watching. A special thanks to the talented and generous Ramsey Yount for producing, editing, and sound designing this episode. The theme music was written and performed by Andrew Parker, Jenna Parker, and Paco de Leon. If you'd like to contact us about the show or ask Paco a question about finances, call our hotline at 1-833-ASK-PACO, email us at weirdfinancepod (at) gmail.com or submit your questions here. We'd also love your listener feedback about the show; here's a short survey. Learn more about your ad choices. Visit megaphone.fm/adchoices
Dr. Jessica Rose is an artist, musician, mathematician, professional surfer, biologist, researcher, & data analysis. Dr. Rose has a Post Doc in Biochemistry at Technion Institute of Technology, Post Doc in Molecular Biology at Hebrew University of Jerusalem, PhD in Computational Biology at Bar Ilan University, Master's in Medicine (Immunology) at Memorial University of Newfoundland, and BSc in Applied Mathematics at Memorial University of Newfoundland.DR. JESSICA ROSEWebsite: https://www.jessicasuniverse.com/Twitter: https://twitter.com/JesslovesMJKSubStack: https://jessicar.substack.com/Monica Perez was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica is also the host of The Monica Perez Show. MONICA PEREZ:WEBSITE: https://monicaperezshow.com/LinkTree: https://linktr.ee/monicaperezshowTHE RIPPLE EFFECT PODCAST:WEBSITE: http://TheRippleEffectPodcast.comSUPPORT:PATREON: https://www.patreon.com/TheRippleEffectPodcastPayPal: https://www.PayPal.com/paypalme/RvTheory6VENMO: https://venmo.com/code?user_id=3625073915201071418&created=1663262894Send BitCoin: bc1qh0w0xyud67gvexwenh9fszzqy0np799h9qffyqSend Ethereum: 0xfeda6Da1EE8Aa06E0d63272c886277153C1ef34dMERCH Store: http://www.TheRippleEffectPodcastMerch.comMUSIC: https://music.apple.com/us/album/the-ripple-effect-ep/1057436436SPONSORS:LMNT Electrolyte Drink Mix (Free Gift With Purchase): http://DrinkLMNT.com/TheRippleEffectTHE UNIVERSITY OF REASON (Autonomy Course): https://www.universityofreason.com/a/29887/ouiRXFoLBig Frog Custom T-Shirts & More (Website): https://www.bigfrog.com/beaverton/ContentSafe: https://ContentSafe.co/WATCH:RUMBLE: https://rumble.com/c/c-745495YOUTUBE: https://www.youtube.com/channel/UCVfy9MXhb5EIciYRIO9cKUwLISTEN:SPOTIFY: https://open.spotify.com/show/4lpFhHI6CqdZKW0QDyOicJiTUNES: http://apple.co/1xjWmlFCONNECT:TWITTER: https://twitter.com/RvTheory6INSTAGRAM: https://www.instagram.com/rvtheory6/THE UNION OF THE UNWANTED: https://linktr.ee/TheUnionOfTheUnwanted
On May 18, 2024 Chris Pedersen made a presentation to the Houston Chapter of AAII. At the end of the presentation Chris answered over 20 questions. Those questions are on this podcast. Here are the question topics: 1. Portfolio expectations compared to S&P 500?2. How would adding small cap value (SCV) help a retiree?3. How important is asset class location using 2 Funds for Life?4. Would a do it yourself target date portfolio be better than buying a target date fund?5. How do you expect interest rates to impact equity?6. How different are the Total Market Fund expected returns from the S&P 500?7. What are drawbacks by investing in SCV?8. What steps should we take to manage emotional risk?9. What is your opinion about combining TIPs with equities?10. Should you increase your equity holdings as the get older?11. Please comment of Christine Benz's Bucket Portfolio?12.. What SCV funds do you recommend?13. Are there other target date funds you recommend besides Vanguard?14. At age 60 what kind of return should I expect over the rest of my life?15. Do you recommend nudge withdrawals over withdrawals from the whole portfolio?16. Why would more profitable small cap value funds do better than portfolios of less profitable companies?17. Do you recommend VT, the Vanguard Worldwide equity fund? Inside the Investment Mind of Chris Pedersen with host Charles Rotblut. Charles is the editor of the AAII Journal, and a vice president and Chartered Financial Analyst at AAII Q1: What is the best way to get big positions in cash invested? All at once or dollar cost average over time? Q2: How should target date fund investors choose the best date for their situation? Q3:What are the pros and cons of backtesting historical performance? Q4: Why did you choose the drawings in your book “2 Funds for Life?”
Monica Perez was a radio host for 8 1/2 years on WSB Radio in Atlanta; prior to that she was an investment banker in New York and Texas. From that previous life, Monica holds an associate's degree from Rockland Community College, a bachelor's degree from Harvard, and a JD-MBA from Stanford. She is a Chartered Financial Analyst as well as a member of the bar of the State of New York. Monica now resides in Los Angeles where, in addition to podcasting, she experiences life as a wife, homemaker and mother of three teens. Monica is also a cocktail enthusiast who posts her favorite recipes on monicamixes.com.MONICA PEREZ:WEBSITE: https://monicaperezshow.com/LinkTree: https://linktr.ee/monicaperezshowTwitter: https://twitter.com/MonicaPerezShowTHE RIPPLE EFFECT PODCAST:WEBSITE: http://TheRippleEffectPodcast.comWebsite Host & Video Distributor: https://ContentSafe.co/SUPPORT:PATREON: https://www.patreon.com/TheRippleEffectPodcastPayPal: https://www.PayPal.com/paypalme/RvTheory6VENMO: https://venmo.com/code?user_id=3625073915201071418&created=1663262894MERCH Store: http://www.TheRippleEffectPodcastMerch.comMUSIC: https://music.apple.com/us/album/the-ripple-effect-ep/1057436436SPONSORS:LMNT Electrolyte Drink Mix (Free Gift With Purchase): http://DrinkLMNT.com/TheRippleEffectTHE UNIVERSITY OF REASON (Autonomy Course): https://www.universityofreason.com/a/29887/ouiRXFoLBig Frog Custom T-Shirts & More (Website): https://www.bigfrog.com/beaverton/ContentSafe: https://ContentSafe.co/WATCH:RUMBLE: https://rumble.com/c/c-745495ROKFIN: https://rokfin.com/RippleEffectYOUTUBE: https://www.youtube.com/channel/UCVfy9MXhb5EIciYRIO9cKUwLISTEN:SPOTIFY: https://open.spotify.com/show/4lpFhHI6CqdZKW0QDyOicJiTUNES: http://apple.co/1xjWmlFCONNECT:TeleGram: https://t.me/TREpodcastTWITTER: https://twitter.com/RvTheory6INSTAGRAM: https://www.instagram.com/rvtheory6/Facebook: https://www.facebook.com/TheRippleEffectPodcast/THE UNION OF THE UNWANTED: https://linktr.ee/TheUnionOfTheUnwanted
Our guest this week is our colleague, Bryan Armour, who is director of passive investment strategies research, North America, for Morningstar Research Services. Bryan is also editor of the ETFInvestor newsletter. Before joining Morningstar in 2020, Bryan spent seven years working for Finra, the Financial Industry Regulatory Authority, conducting trade surveillance and investigations specializing in exchange-traded funds. Prior to Finra, he worked for a proprietary trading firm as an options trader at the Chicago Mercantile Exchange. Bryan holds a BA in Economics from the University of Illinois and the Chartered Financial Analyst designation.BackgroundBioPassive Investing and ETFs“Index Funds Have Officially Won,” by John Rekenthaler, Morningstar.com, Feb. 13, 2024.“Active Funds Fell Short of Passive Peers in 2023,” by Bryan Armour, Morningstar.com, March 12, 2024.“It's Official: Passive Funds Overtake Active Funds,” by Adam Sabban, Morningstar.com, Jan. 17, 2024.“ETFs vs. Mutual Funds: The Benefits That Really Matter,” by Bryan Armour, Morningstar.com, Feb. 6, 2024.“2023 Model Portfolio Landscape,” Morningstar.com.“Markets Are ‘Fundamentally Broken' Due to Passive Investing, Says David Einhorn,” by William Watts, marketwatch.com, Feb. 9, 2024.“How Fund Fees Are the Best Predictor of Returns,” by Russ Kinnel, Morningstar.com, Jan. 12, 2026.“Cage Match: Traditional Index Funds vs. ETFs,” by Christine Benz and Margaret Giles, Morningstar.com, Oct. 20, 2023.“Global Fund Flows: 2023 in Review,” Morningstar.com, Feb. 6, 2024.“A Closer Look at Vanguard's Newest Core Bond ETFs,” by Dan Sotiroff, Morningstar.com, Feb. 12, 2024.“3 New ETFs That Stand Out From the Pack,” by Ryan Jackson, Morningstar.com, Aug. 30, 2023.“Converting Mutual Funds to ETFs: What to Make of the Trend,” by Daniel Sotiroff, Morningstar.com, April 11, 2023.“How to Choose a Great Dividend ETF,” by Dan Sotiroff, Morningstar.com, May 17, 2023.“The Best and Worst New ETFs of 2023,” by Bryan Armour, Morningstar.com, Dec. 19, 2023.Bitcoin and Covered-Call ETFs“Spot Bitcoin ETFs Are Here. Should You Invest?” by Bryan Armour, Morningstar.com, Jan. 11, 2024.“Grayscale's Victory Over the SEC Doesn't Mean a Spot Bitcoin ETF—for Now,” by Bryan Armour, Morningstar.com, Aug. 30, 2023.“Should You Buy a Covered-Call ETF?” Video interview with Bryan Armour and Ruth Saldanha, Morningstar.com, June 14, 2023.Securities MentionediShares ESG Aware ETF ESGUiShares MSCI USA Quality Factor ETF QUALARK Innovation ETF ARKKGrayscale Bitcoin Trust (BTC) GBTCJPMorgan Equity Premium Income ETF JEPIGlobal X Nasdaq 100 Covered Call ETF QYLDVanguard's High Dividend Yield ETF VYMBlackRock Flexible Income ETF BINCSchwab High Yield Bond ETF SCYBT. Rowe Price Capital Appreciation Equity ETF TCAF2x Bitcoin Strategy ETF BITXYieldMax AI Option Income Strategy ETF AIYYOther“The ETF Rule: What It Is and Why It Matters,” by Irene Huhulea, Investopedia.com, Jan. 25, 2024.
© 2020-2025 Ivy Podcast Discovery LLC
