Podcasts about ETF

Crypto News: Bitcoin RSI demands breakout as exec says 'RIP' to 4-year BTC price cycle. Tether's Bo Hines says Anyone bearish on Bitcoin heading into 2026 is foolish. Turkmenistan officially legalizes crypto mining and exchanges.Brought to you by ✅ VeChain is a versatile enterprise-grade L1 smart contract platform https://www.vechain.org/ 

⁠Follow Gina: ⁠ www.themmg.ca & ⁠The MMG Podcast ⁠Thank you to our Sponsors: Training Day Cafe & Lachi Films ⁠Training Day Cafe⁠ & Iron Nation Fitness: Mention the pod for special offers⁠⁠Lachi Films Wedding Videography⁠⁠: Mention the pod for 10% off⁠⁠⁠⁠⁠⁠Desi Dontdoze Playlist⁠⁠⁠⁠⁠Producer/Audio Engineer ⁠⁠⁠⁠⁠Kyle Bhawan⁠⁠⁠⁠⁠-------------------------00:00 Intro 07:50 misconceptions about retirement 12:31 Lifestyle inflation 20:39 Step by step investing 33:38 Compounding Interest 36:47 Moving TFSA's38:19 110K Car Debt43:30 How much to save & invest 46:31 Investing in ETF's49:48 22K credit card debt 59:15 Condo's are bleeding money 1:00:17 Investing for your kids1:02:02 Best Travel rewards credit card1:03:31 House or Reception 1:05:27 life insurance 1:08:54 How to invest 139K 1:13:44 Student Loans 1:15:12 Single mom 1:16:51 28 y/o with 100k 1:18:03 Final thoughts 

Brian Johnson has been to 128 countries Hey now, I am your host, Ric Gazarian. In this episode, I have the pleasure to speak with traveler Brian Johnson. I met Brian twice in the last two years, first at the Extraordinary Travel Festival in Bangkok in November of 2024 and 12 months later in the Omo Valley as we escaped a hot zone of Marburg Virus, more on that later. Brian's stories of overlanding in Africa in the 1990s caught my attention and I realized he would be an interesting guest. And here we are … I would like to thank everyone for their support of Counting Countries, especially my Patrons. You know them, you love them! Bisa "fully nomadic" Myles, Ted Nims, Adam "one-away" Hickman, Steph "Phuket" Rowe, Simen Flotvik Mathisen, Ed Hotchkiss, Barry Hoffner, Katelyn Jarvis, Philippe "BC" Izedian, Gin Liutkeviciute, Sunir Joshi, Carole Southam, Sonia Zimmermann, Justine, Per Flisberg, Jorge Serpa, Sam Williams, Scott Day, Dana Mahoutchian, Mihai Dascalu and Ryan Knott for supporting this podcast. You can support this podcast by going to Patreon.com/CountingCountries. My patrons will hear the entire conversation with Brian. Please remember the next Extraordinary Travel Festival will be on October 22-25 in 2026. You can join the event and use code BANGKOK to save $110 (for a couple more days and then the discount will be reduced) for this incredibly packed event. I am excited to announce a new day experience. We have partnered with Blue Elephant who has been hosting cooking classes since the 1980s and will be setting up a special school for us at a 80 year old Thai home in a garden oasis just minutes from our event. Check out Extraordinary Adventures on the website. Consider joining our Instagram and Facebook groups and signing up for the ETF newsletter. Any questions, please let me know. I was in Chicago while Brian was in San Francisco for this recording. Please listen in and enjoy. Thank you to my Patrons - you rock!! … Bisa Myles, Ted Nims, Adam Hickman, Steph Rowe, Simen Flotvik Mathisen, Ed Hotchkiss, Barry Hoffner, Katelyn Jarvis, Philippe Izedian, Gin Liutkeviciute, Sunir Joshi, Carole Southam, Sonia Zimmermann, Justine, Per Flisberg, Jorge Serpa, Sam Williams, Scott Day, Dana Mahoutchian, Mihai Dascalu, and Ryan Knott. Be the first on your block to sport official Counting Countries apparel! And now you can listen to Counting Countries on Spotify! And Alexa! Subscribe on Apple Podcasts today! And write a review! More about Brian Johnson Counting Countries: Instagram Hey Brian Website And check out Thor Pedersen: The Impossible Journey (Amazon US Kindle (affiliate)): https://amzn.to/46pRuDi Other book options: Thor Pedersen | Instagram, Facebook, TikTok | Linktree About Counting Countries Counting Countries is the only podcast to bring you the stories from the dedicated few who've spent their lives on the singular quest of traveling to every country in the world. Less people have traveled to every country in the world than have been to outer space. Theme music for this podcast is Demeter's Dance, written, performed, and provided by Mundi. About GlobalGaz Ric Gazarian is the host of Counting Countries. He is the author of three books: Hit The Road: India, 7000 KM To Go, and Photos From Chernobyl. He is the producer of two travel documentaries: Hit The Road: India and Hit The Road: Cambodia. Ric is also on his own quest to visit every country in the world. You can see where he has traveled so far and keep up with his journey at GlobalGaz.com How Many Countries Are There? Well… that depends on who you ask! The United Nations states that there are 193 member states. The British Foreign and Commonwealth office states that there are 226 countries and territories. The Traveler's Century Club states that there are 329 sovereign nations, territories, enclaves, and islands. The Nomad Mania divides the world into 1301 regions. The Most Traveled Person states that there are 1500 unique parts of the world. SISO says there are 3,978 places in the world. And the video that explains it all! Me? My goal is the 193 countries that are recognized by the UN, but I am sure I will visit some other places along the way. An analysis of these lists and who is the best traveled by Kolja Spori. Disclaimer: There are affiliates in this post. Brian Johnson Counting Countries

新感覺夾心土司 多種口味隨心挑選 讓你隨時隨地都有好心情 甜蜜口感草莓夾心、顆粒層次花生夾心、濃郁滑順可可夾心 主廚監製鮪魚沙拉、精選原料金黃蛋沙拉 輕巧美味帶著走，迎接多變的每一天 7-Eleven多種口味販售中 https://sofm.pse.is/8jk67v -- 股價迭創新高，台股站在關鍵成長賽道 投資若能回歸經典，反而會更有效率

오늘의 경제 뉴스 - ETF, 개인투자자 돈 30조가 몰렸다

The following are Dr. Pass' note to his podcast: This week we end 2025 with a Pediheart tradition - an episode on personal finance for medical professionals with noted authority on index investing and personal finance, Mr. Paul Merriman. Paul is a retired investment advisor who now has a popular podcast "Sound Investing" and website in which he offers advice on investing for 'do it yourself' investors. In this week's episode, the 5th of his visits to Pediheart, Mr. Merriman discusses 'factor investing' via index-like ETF's and funds. He also reviews who he believes might benefit from a financial advisor, what sort of advisor most should seek out and why he believes that many do not need one if they can 'stay the course'. Resources mentioned in today's podcast are below. Wishing all a happy and healthy new year in 2026. Paul's website:https://www.paulmerriman.com/#gsc.tab=0'Best In Class' ETF's:https://www.paulmerriman.com/Best-in-Class-ETF-Recommendations2025#gsc.tab=0Sound Investing 'Quilt Charts':https://irp.cdn-website.com/6b78c197/files/uploaded/(K)_Quilt_Charts_(1928-2024)_-_2024_Returns_(1).pdfDFA 'Turn Out The Noise':https://www.dimensional.com/filmAs a reminder, all of the information provided in this week's episode should be considered entertainment and all financial decisions should be vetted with professionals or knowledgeable and trusted friends/family. 

Crypto News: XRP supply on exchanges hits 8-year lows: Will it spark a 2026 price rally? Spot XRP ETFs maintain 29-day inflow streak despite turbulent December. Long term Bitcoin holders are accumulating again.Brought to you by

Is the Bitcoin bull run finally over, or is this just the ultimate "shakeout" before the next leg up?

When you get into a tight place and everything goes against you… never give up then, for that is just the place and time that the tide will turn. — Harriet Beecher Stowe Yesterday's Trade Execution Summary Grid: Receive TODAY's Trade Execution Summary Grid, our Complete Analysis & Predictions of Stocks, Bonds, Gold & Bitcoin by becoming a Patreon Member at any of our three levels of support: https://bit.ly/CWPatreonSupport Sign up at Trading View access my platform and charts: https://www.tradingview.com/?aff_id=136493 How to Set Up Our Three Time Frame Chart on TradingView: https://youtu.be/wLwTnrtAOTA I have opened my page to sharing. Find me on TradingView at Thom Goolsby. Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock, ETF and crypto charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer. Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe. Use the lessons we teach every day to accurately chart any stock, commodity, ETF and cryptocurrencies. We give you daily, real life lessons with the five ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds, Gold and Bitcoin. We have all the tools you need to learn how to trade. For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: "Stop Analysis-Paralysis: Limit Your Indicators." If you are not a subscriber, become one! Subscribe for FREE to our daily market reviews & training at http://www.ChartingWealth.com We urge you to "Follow the charts, NOT the noise!" and want to help you follow the market and improve your knowledge of stock and ETF movements. Support our work at PATREON and receive GREAT benefits (training, gifts, etc...): https://www.patreon.com/user?u=14138154 Receive our STOCK ALERTS via TEXT when WEEKLY VERTICAL CROSSOVERS occur. Very valuable information! Less than 8 texts a month. Text "chartingwealth" to 33222 on your cell phone. At ChartingWealth.com, http://chartingwealth.com every day the market is open, we chart the S&P 500, NASDAQ 100, Gold & Bonds. In just a few short minutes, we give you a valuable training update and quickly review the trends we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what's on the calendar for the next trading week. DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information -- nothing more.

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htrtp 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— 由一口都不想浪費的【味味一品】贊助播出！忙碌一天後，來碗熱騰騰的泡麵，湯暖胃，麵入味，瞬間忘卻加班的疲勞，療癒你的是那熟悉的溫暖感。味味一品，讓你每一次的疲憊都能得到舒緩。全台各大通路熱賣中！ https://fstry.pse.is/8j6t9r —— 以上為 Firstory Podcast 廣告 —— 喜歡張大春主持的「聽說張大春」嗎？歡迎小額贊助我們，讓我們繼續產出優質節目＞https://open.firstory.me/join/thehearsayzhangdachun 主持人：張大春 來賓：影評人 塗翔文 主題：2025年國片亮點 ----- ▍聽更多：https://flow.page/thehearsay ▍粉絲團：https://www.facebook.com/TheHearSayChannel ▍合作贊助：thehearsaytw@gmail.com Powered by Firstory Hosting

Phil Rosen, co-founder of Opening Bell Daily, discusses his recent piece on "The 10 stocks Wall Street is most bullish on for 2026" — as well as the ones analysts think will underperform the most. These aren't his picks — in fact, Rosen is clear that they're not in his portfolio -- but instead they represent where analyst estimates are most disconnected from the current stock price; while that condition could mean the stocks are poised for take-off, it also means they could be particularly impacted by an earnings miss or any problem that shakes up analysts. Justin deTray, managing director at Wealthspire Advisors, discusses how the biggest determinant of returns is investor behavior — managing loss aversion, recency bias, anchoring and other personality traps — rather than asset allocation, and what that means for how investors should re-position their holdings entering the new year. Todd Rosenbluth, head of research at VettaFi, revisits three of his "ETF of the Week" picks from 2025 to note which ones worked particularly well in terms of both performance but also in terms of attracting assets in a crowded ETF landscape. (Warning, one of these picks is a fund that can be labeled as "boring" due to its assets and investment style, but where returns are enviable compared to peers.) Plus, Chuck talks about five ways he hopes to improve his life — the behaviors he wants to change or things he wants to get done — that will help him in 2026 but also, he believes, for all the rest of his years.

Jakiej polityki migracyjnej potrzebuje dziś Polska? Rozmawiam z prof. Maciejem Duszczykiem o presji migracyjnej, kontrolach granicznych w Unii Europejskiej, przyszłości Schengen oraz o tym, kogo realnie potrzebujemy na rynku pracy. W rozmowie także o systemie punktowym, błędach Zachodu i odpowiedzialności państwa wobec wyzwań migracyjnych.(00:00) Wstęp(2:13) Rzeczywistość świata administracji i polityki(6:10) Czy Polsce nie grozi sytuacja jak w Wielkiej Brytanii? (10:43) Czy presja z Afryki i tak do nas dotrze?Przestaje być kierowcą(16:30) Należy zacieśniać kontrole graniczne i wyjść z Schengen?(22:08) Czy powinniśmy wprowadzić takie zasady jak w Australii? Kogo potrzebujemy?(31:23) Jak ma wyglądać system punktowy?(35:17) Czy jest potencjał na sprowadzanie ludzi mające związki z Polską?(41:56) Czy jest obawa, że większość imigrantów będzie chciała wrócić?Tu możesz zgłosić się do Szkoły Przywództwa: ⁠⁠https://szkolaprzywodztwa.pl/⁠⁠Mecenasi programu:Inwestuj w fundusze ETF z OANDA TMS Brokers: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://go.tms.pl/UkladOtwartyETF ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠AMSO-oszczędzaj na poleasingowym sprzęcie IT: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://amso.pl/Uklad-otwarty-cinfo-pol-218.html⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Pobierz aplikację Hallow: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ http://hallow.com/ukladotwarty⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://patronite.pl/igorjanke⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠➡️ Zachęcam do dołączenia do grona patronów Układu Otwartego. Jako patron, otrzymasz dostęp do grupy dyskusyjnej na Discordzie i specjalnych materiałów dla Patronów, a także newslettera z najciekawszymi artykułami z całego tygodnia. Układ Otwarty tworzy społeczność, w której możesz dzielić się swoimi myślami i pomysłami z osobami o podobnych zainteresowaniach. Państwa wsparcie pomoże kanałowi się rozwijać i tworzyć jeszcze lepsze treści. ⁠⁠⁠⁠⁠⁠⁠⁠

VettaFi's Head of Research Todd Rosenbluth discussed his favorite ETF picks of 2025 on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” Why should you attend Exchange? Exchange gives advisors access to subject matter experts and developmental opportunities across all of the dimensions of their professional portfolio. Invest in your greatest asset – yourself. To learn more visit https://www.exchangeetf.com/registration

As we turn the calendar to 2026, I reveal my forecasts for the stock market, interest rates, and top asset classes, and take a look back at how my 2025 predictions stacked up against reality. From the S&P 500's rollercoaster performance to the ongoing rivalry between growth and value stocks, and even a showdown between bitcoin and gold, I break down what the numbers were, where I hit the mark, and where I missed. You'll also hear my insights on international versus U.S. stocks, the outlook for small caps, and what the Federal Reserve might do with interest rates in the year ahead. Get ready for smart strategies, listener thank-yous, and a dose of investing reality as I help you set expectations (and goals) for the year to come! You will want to hear this episode if you are interested in... 00:00 Happy New Year! 04:34 S&P 500 Trends and Predictions. 07:49 Market Trends & 2025 Predictions. 08:54 Bitcoin vs Gold & Stock Returns. 11:17 Importance of diversifying with international stocks. 14:20 Investment Predictions for 2026. 17:36 Stay invested to make the best financial gains. How did my 2025 market predictions fare? 2025 turned out to be another rollercoaster, with both triumphs and challenges for investors. Beginning with an impressive performance, the S&P 500 flirted with a 20% annual return, after two previously remarkable years (+25% in 2023 and +23% in 2024). Volatility struck early in April due to concerns about tariffs and political tensions, leading the index to drop as much as 18% year-to-date before rebounding sharply. The market often experiences significant intra-year declines, on average, 14-15% since the 1970s, so these swings are more common than many investors realize. Despite underestimating the final S&P 500 return in my 2025 prediction, it's important to stick with your plan through turbulence. Growth vs. Value One of the perennial debates in investing is whether growth stocks (think Apple, Nvidia, and Microsoft) or value stocks (like JPMorgan, Walmart, and Berkshire Hathaway) will come out on top. While value historically outperformed over the long term, the last decade and a half has belonged to growth. I predicted value would outperform in 2025, but growth eked out the win yet again, maintaining its streak. The ETF comparison, Vanguard's VONG for growth and VONV for value, shows just how close the race was, with both categories putting up strong numbers. Large vs. Small Caps: The Size Dilemma Size matters in investing, particularly when it comes to large-cap (S&P 500) versus small-cap (Russell 2000) stocks. I expected small caps to shine in 2025, but large caps led for the fifth consecutive year. The good news is that small caps narrowed the gap, hinting that a turnaround could be on the horizon as economic and regulatory shifts potentially favor these underdogs. Bitcoin vs. Gold For those seeking diversification, Bitcoin and gold are often top contenders. After years of jaw-dropping surges and gut-wrenching drops for Bitcoin, 2025 saw gold steal the spotlight with a phenomenal gain, its best showing since the 1970s, while Bitcoin stumbled. Still, I believe Bitcoin's day in the sun isn't over and predict it will bounce back in 2026. U.S. vs. International Global diversification hasn't paid off for U.S. investors in recent years, as U.S. stocks consistently outpaced their international counterparts. In 2025, the tides turned and international stocks delivered their strongest performance in 15 years, besting the S&P 500's return. It's a timely reminder not to ignore the opportunities abroad, even if I feel U.S. equities still have the edge for 2026 due to ongoing innovation and growth potential. Interest Rates and Federal Reserve Few factors move markets like interest rate decisions. Predicting three cuts and a year-end rate of 3.5–3.75%, I called it accurately for 2025. Looking to 2026, I expect another two cuts, with possible changes in leadership at the Fed adding an extra dose of uncertainty. Key Takeaways for 2026 So, what's the game plan for the coming year? I predict a tempered 8.5% return for the S&P 500, a possible value and small-cap renaissance, Bitcoin's comeback, U.S. stocks leading, and a cautious but optimistic approach to interest rates. But the most valuable advice is to stay invested. Market timing is notoriously difficult, and missing just a few of the market's best days can devastate long-term returns. For those investing for a comfortable retirement, discipline and diversification remain your best allies. Resources Mentioned Retirement Readiness Review Subscribe to the Retire with Ryan YouTube Channel Download my entire book for FREE  Berkshire Hathaway J.P. Morgan ExxonMobil Walmart United Healthcare Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact   Subscribe to Retire With Ryan

Courage and perseverance have a magical talisman before which difficulties disappear and obstacles vanish into air. — John Quincy Adams Yesterday's Trade Execution Summary Grid: Receive TODAY's Trade Execution Summary Grid, our Complete Analysis & Predictions of Stocks, Bonds, Gold & Bitcoin by becoming a Patreon Member at any of our three levels of support: https://bit.ly/CWPatreonSupport Sign up at Trading View access my platform and charts: https://www.tradingview.com/?aff_id=136493 How to Set Up Our Three Time Frame Chart on TradingView: https://youtu.be/wLwTnrtAOTA I have opened my page to sharing. Find me on TradingView at Thom Goolsby. Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock, ETF and crypto charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer. Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe. Use the lessons we teach every day to accurately chart any stock, commodity, ETF and cryptocurrencies. We give you daily, real life lessons with the five ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds, Gold and Bitcoin. We have all the tools you need to learn how to trade. For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: "Unveiling Investor Psychology: VPA & Candlesticks." https://bit.ly/3K4OLGt If you are not a subscriber, become one! Subscribe for FREE to our daily market reviews & training at http://www.ChartingWealth.com We urge you to "Follow the charts, NOT the noise!" and want to help you follow the market and improve your knowledge of stock and ETF movements. Support our work at PATREON and receive GREAT benefits (training, gifts, etc...): https://www.patreon.com/user?u=14138154 Receive our STOCK ALERTS via TEXT when WEEKLY VERTICAL CROSSOVERS occur. Very valuable information! Less than 8 texts a month. Text "chartingwealth" to 33222 on your cell phone. At ChartingWealth.com, http://chartingwealth.com every day the market is open, we chart the S&P 500, NASDAQ 100, Gold & Bonds. In just a few short minutes, we give you a valuable training update and quickly review the trends we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what's on the calendar for the next trading week. DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information -- nothing more.

客家委員會《客家影像故事》徵件中！ 手機、相機都能拍。 今年年度主題是「水」，埤塘、水圳、溪流、河壩的客庄故事都可以。 拍水的主題就有機會拿50 萬大獎！ 徵件到115年4月30日，詳細資訊可到客委會官網查詢 連結：https://sofm.pse.is/8j69mr -- 小福利麻辣鍋-最強麻辣火鍋加豐盛Buffet，平日698起，美味通通無限享用！有頂級和牛、安格斯黑牛、天使紅蝦，多款海陸食材吃到飽！還有炸蝦天婦羅、職人炙燒握壽司、以及哈根達斯！ 美味一次滿足，請搜尋「小福利麻辣鍋」 https://sofm.pse.is/8j69n3 -- 全台南最多分店、最齊全物件，在地團隊懂台南，也懂你的需求。 不管是買屋、賣屋，還是從築夢到圓夢， 房子的大小事，交給台南住商，讓你更安心。 了解更多：https://sofm.pse.is/8j69qh －－－－以上為 SoundOn 動態廣告－－－－ ◎今日主題：今天是你買0050 最早的一天！ ◎今日來賓：ETF達人黃柏仁 台灣第一屆的CFP認證理財顧問，也是理財規劃產業促進會創會時的成員 ○今天的來賓長期定時定額機械式買進0050（元大台灣50），為12歲的寶貝女兒也這麼做。打從2003年，台灣發行史上第一檔ETF--0050，黃柏仁就開始買進，做為退休規劃的一部分，堪稱台股ETF元祖級投資人。今天來跟我們聊聊他的投資經驗 ▶朱衛茵粉專：https://reurl.cc/OG73jy ▶歡迎下載飛碟新 APP IOS：https://reurl.cc/3jYQMV Android：https://reurl.cc/5GpNbR ▶網路線上收聽（飛碟官網右下角直接按play) http://www.uforadio.com.tw/ ▶ Podcast SoundOn : https://bit.ly/30Ia8Ti Apple Podcasts : https://apple.co/3jFpP6x Spotify : https://spoti.fi/2CPzneD Google 播客：https://bit.ly/3gCTb3G KKBOX：https://reurl.cc/MZR0K4 ♫ 空中的夢想家 就愛電你UFO ♫ ‼️大臺北地區：FM92.1 ‼️中彰投、宜蘭地區：FM89.9 ‼️高屏地區：FM103.9 #退休 #退休金#理財#etf#台積電#0050#0056 -- Hosting provided by SoundOn

Tuesdays deep dives is going to be more of what you'll see in 2026. The beginning of this gives you an idea of how I'll look at opportunities, but it will be for paid members on Substack. I also held my first OFFICE HOURS session on Substack Live today which had minor attendance so it's like a 1 on 1 with me. It's pretty much an AMA and will happen twice a week. https://dailystockpick.substack.com/THESE SALES END SOON: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TRENDSPIDER HOLIDAY SALE - Get 52 trainings for the next year at 65% off. Become a Trendspider master! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠SEEKING ALPHA BUNDLE - Save over $100 and get Premium and Alpha Picks together ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ALPHA PICKS - Want to Beat the S&P? Save $50 ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Seeking Alpha Premium - FREE 7 DAY TRIAL ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠SEEKING ALPHA PRO - TRY IT FOR A MONTH ⁠⁠⁠⁠⁠⁠⁠EPISODE SUMMARY

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htrsh 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— #幸福經濟學 #生醫 台灣在半導體與電子業有很強的優勢，醫療水準也是世界頂尖， 但如何將這兩種優勢結合，打造下一個兆元產業？ 加入會員，支持節目： https://wealth1974.firstory.io/join 留言告訴我你對這一集的想法： https://open.firstory.me/user/ckijrbz8nehm50847mulgl7v6/comments 支持最懂投資的財經媒體，邀請您成為《財訊》頻道的會員！ https://open.firstory.me/join/wealth1974 ★ 訂閱財訊這裡請→https://www.wealthstore.com.tw/ ★ 打電話也可以訂財訊→(02)2551-5228 轉 10。 ★ 商業合作請洽 ad@wealth.com.tw，或撥專線 (02)2551-2561 轉 255。 段落重點： ● 生醫晶片是什麼？ ● 生意晶片可以做到哪些事？ ● 台灣的優勢在哪裡？ 製作｜財訊雙週刊 主持｜劉軒彤 來賓｜李鎮宜 攝影｜吳匡庭 剪輯｜曾維欣 後製｜曾維欣 錄製日期｜2025.12.24

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htrth 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— 由一口都不想浪費的【味味一品】贊助播出！忙碌一天後，來碗熱騰騰的泡麵，湯暖胃，麵入味，瞬間忘卻加班的疲勞，療癒你的是那熟悉的溫暖感。味味一品，讓你每一次的疲憊都能得到舒緩。全台各大通路熱賣中！ https://fstry.pse.is/8j6t9j —— 以上為 Firstory Podcast 廣告 —— **共軍宣布新一波環台軍演，並將進行實彈射擊。美國總統川普今天對此表示，已看到相關情況，但中國國家主席習近平沒有告訴他任何事，「而且我也不認為他真的會這麼做」，一點都不擔心這件事，且中國海軍已在區域軍演20年。 **日本中央銀行「日本銀行」意見摘要顯示，決策官員在12月升息後，仍討論了持續升息的必要性，其中更有人呼籲每隔數月就升息一次，凸顯通膨壓力正成為日銀高度關注的焦點。 **回顧2025年，美國總統川普祭出的「對等」關稅，衝擊全球市場。而在經歷了貿易戰、政治危機和人工智慧（AI）熱潮交織的一年後，展望2026年，全球金融市場恐將面臨相同的挑戰。 **展望2026年，AI與科技股漲勢能否持續？儘管有人認為AI相關投資循環往往與總體經濟脫鉤，但部分人士憂心股票估值是否過高。 **展望2026年，亞幣波動主要將受美元走勢與市場風險偏好影響。「隨著美國就業市場疑慮仍存、經濟相關數據持續惡化，聯準會很可能考慮降息，這會進一步壓抑美元。」 **淡化解放軍環台軍演威脅 川普海湖莊園記者會5重點：1. 淡化解放軍環台軍演威脅 2. 證實美國轟炸委內瑞拉碼頭 3. 限令哈瑪斯解除武裝 4. 川普對烏克蘭攻擊普丁官邸感到「憤怒」 5. 還是有可能開除鮑爾 #寶島聯播網 #矢板明夫 #寶島全世界 #吳嘉隆 #正義使命 #川普 #海湖莊園 #AI #tsmc #台積電 加入會員，支持節目： https://clw4248xv113d01wg7s4h2xnq.firstory.io/join 留言告訴我你對這一集的想法： https://open.firstory.me/user/clw4248xv113d01wg7s4h2xnq/comments Powered by Firstory Hosting

2025 wordt door veel cryptovolgers gezien als het jaar waarin de sector definitief volwassen werd. Niet door wilde koerssprongen of nieuwe hypes, maar juist door integratie in het bestaande financiële systeem. Blockchaintechnologie vond op grote schaal zijn weg naar banken, betaalinfrastructuur en beurzen. Crypto schoof daarmee op van experiment naar serieuze bouwsteen van de financiële wereld. De vraag is alleen: ziet de buitenwereld dat ook zo, en staan we echt aan de vooravond van massale adoptie? Een belangrijke factor daarin was het beleid van de Amerikaanse president Donald Trump. Hij sprak openlijk de ambitie uit om van de Verenigde Staten de cryptohoofdstad van de wereld te maken. Waar de sector onder zijn voorgangers werd gekenmerkt door rechtszaken, onzekerheid en een vijandig ondernemersklimaat, draaide dat sentiment in 2025 radicaal om. Grote crypto-ETF’s kregen groen licht, Wall Street omarmde digitale assets en ook stablecoins en handelsplatformen kregen meer ruimte. De toon verschoof van wantrouwen naar faciliteren. Die koerswijziging kreeg concreet vorm in nieuwe wetgeving. In de VS werd de zogenoemde GENIUS-wet ingevoerd, met een duidelijke filosofie: geen handhaving achteraf, maar heldere regels vooraf. Crypto moest kunnen functioneren als onderdeel van de mainstream betaalinfrastructuur, onder federaal toezicht. In Europa ging juist MiCAR van start, maar dat leidde vrijwel meteen tot discussie. In de praktijk blijken de regels nog volop in beweging, met verschillen tussen landen in strengheid, interpretatie en toezicht. Ook het principe van passporting zorgt voor spanningen en oneerlijke concurrentie. Het toezicht zelf staat alweer op de nominatie om te veranderen, al is nog veel onduidelijk. Op de markt viel ondertussen op dat zelfs de meest optimistische koersverwachtingen niet uitkwamen. Scenario’s waarin Bitcoin richting de 150.000 dollar zou gaan, bleken te ambitieus. Na een sterke start van het jaar sloeg het sentiment in het najaar om. Verwachtingen liepen vooruit op de realiteit en macro-economische factoren drukten de markt terug. De vraag is welke krachten in 2026 echt doorslaggevend worden voor de prijs. Ondertussen groeide de infrastructuur onder crypto gestaag door. Stablecoins namen explosief toe in gebruik, vooral als praktisch betaalmiddel. Ook tokenisatie, jarenlang een belofte, kwam eindelijk in een stroomversnelling. Dat roept de vraag op wie daar uiteindelijk het meest van profiteert: de cryptosector zelf, of juist traditionele financiële instellingen die nu instappen. Die instap is in ieder geval massaal. Vrijwel alle grote partijen op Wall Street zijn inmiddels actief met crypto. Of dat uit overtuiging is of uit angst om de boot te missen, blijft onderwerp van debat. Zelfs centrale bankiers en overheden spreken inmiddels openlijk over Bitcoin als ‘digital gold’. Maar verandert die institutionele omarming ook de aard van Bitcoin zelf, of maakt het uiteindelijk weinig uit wie de munten bezit? Co-hosts zijn Mauro Halve en Bert Slagter. Gasten Bert Slagter Mauro Halve Links Host Daniël Mol Redactie Daniël Mol Matthijs DamsteegSee omnystudio.com/listener for privacy information.

In deze tweede terugblikaflevering kijken we terug op 2025 door de bril van infrastructuur, institutionele macht en de markt. Een belangrijk vertrekpunt daarbij zijn stablecoins. De hoeveelheid geld die bij uitgevers als Tether staat geparkeerd, groeide het afgelopen jaar verder door. Die toename kwam vooral door bredere inzet van stablecoins als handelsmiddel, als schakel tussen crypto en traditionele markten en als alternatief voor dollars in delen van de wereld waar toegang tot het financiële systeem beperkt is. Dat roept vragen op over de rol van die uitgevers. Grote sommen geld staan feitelijk buiten het bancaire systeem, terwijl ze wel een steeds belangrijkere functie vervullen binnen datzelfde systeem. Ook tokenisatie stond dit jaar nadrukkelijker op de agenda. Jarenlang bleef het vooral bij beloftes, maar in 2025 kwamen concrete toepassingen op gang. Banken en financiële instellingen experimenteerden met onchain money markets, fondsen en andere producten. Bedrijven als Robinhood brachten zelfs aandelen naar de blockchain. De vraag is waar in dit model uiteindelijk de waarde terechtkomt: bij de blockchain zelf, bij de uitgever van het product of bij de partij die bestaande financiële instrumenten ‘onchain’ brengt. Dat bepaalt ook voor wie deze ontwikkeling het meest gunstig uitpakt. Een opvallende toepassing dit jaar was Polymarket, een platform voor voorspellingen dat liet zien hoe blockchains kunnen worden ingezet voor markten rond informatie en verwachtingen. Tegelijkertijd werd ook in Nederland geëxperimenteerd. ING werkte aan plannen voor een euro-stablecoin en Rabobank bood een Bitcoin ETP aan. Dat wijst op serieuze interesse, maar ook hier blijft de vraag of dit fundamenteel nieuwe toepassingen zijn of vooral varianten op bestaande producten. Richting 2026 lijkt verdere adoptie waarschijnlijk, maar het debat draait steeds meer om de toegevoegde waarde en de vraag of crypto wordt geïntegreerd of juist opgeslokt door de traditionele financiële wereld. Institutionele adoptie speelde daarbij een grote rol. In de VS gingen vrijwel alle grote partijen aan de slag met crypto, variërend van banken tot vermogensbeheerders. De drijfveer lijkt een mix van overtuiging en angst om achter te blijven. Fed-voorzitter Jerome Powell noemde bitcoin dit jaar ‘digital gold’, een uitspraak die veel zegt over hoe de munt inmiddels wordt gezien. Ook overheden roerden zich. De staat Texas begon met het aanleggen van een strategische bitcoinreserve. Dat is iets anders dan bedrijven die bitcoin op de balans zetten, zoals Strategy. Dat laatste bleek geen onverdeeld succes. Het aantal bedrijven met een bitcoinreserve groeide snel, maar sommigen kwamen al in de problemen. Tot slot de markt. Eind 2024 werden scenario’s geschetst waarin bitcoin eind 2025 op 150.000 dollar zou kunnen staan, maar zelfs dat niveau werd niet gehaald. De markt overschatte bepaalde verhalen, terwijl eerdere euforie de prijs tijdelijk opstuwde. In het najaar kantelde het sentiment en bleek de markt minder stabiel dan gehoopt. Dat roept de vraag op hoe volwassen crypto werkelijk is. Vooruitkijkend spelen macro-economische ontwikkelingen, de rol van ETF’s en bredere financiële trends een bepalende rol voor 2026. Co-hosts zijn Bert Slagter en Mauro Halve. Gasten Bert Slagter Mauro Halve Links Host Daniël Mol Redactie Daniël Mol Matthijs DamsteegSee omnystudio.com/listener for privacy information.

Een speciale aflevering. In de laatste (of eerste) aflevering van het jaar blikken we vooruit op 2026. Wat gaat de prijs van bitcoin doen? En hoe doen altcoins het? Worden prediction markets verboden? Blijven de VS voorlopen op de EU? En wat heeft Michael Saylor in petto? Je hoort het allemaal (en meer) in deze aflevering van Satoshi Radio.Probeer Bitcoin Alpha 2 weken gratis!Satoshi Radio wordt mede mogelijk gemaakt door: Firefish, Amdax, Watson Law en onze hoofdsponsor Bitvavo.Timestamps(00:00:00) Welkom en Podcast Introductie(00:11:29) Bitcoin(00:39:00) ETF's & institutions(00:48:00) Altcoins & valuation(01:08:00) Tether & Stablecoins(01:19:00) Tokenization(01:30:00) MicroStrategy (DATs)(01:45:00) Miners, hashrate, mempool(01:53:00) Europa/USA(02:05:00) Crypto IPO's(02:10:00) Prediction Markets(01:00:00) “2026, het jaar van …”

It's been another interesting year in the world of personal finance and macroeconomics. As we look ahead to 2026… well, who really knows what's coming? I'll be sharing my own take—and making a few predictions—in an upcoming episode. What's hard to ignore is just how unusual this moment in history is. We're coming off COVID. We went through a rapid rise in interest rates, and now a pullback. Tariffs are back in the conversation. There are a lot of moving parts, and as usual, the consensus hasn't exactly nailed it. Almost every expert was convinced tariffs would push inflation higher. I expected at least a temporary bump—some transient inflation while markets adjusted. Then the CPI report came out at 2.7%. That's a lot closer to the Fed's 2% target, and nearly half a percentage point lower than expectations. Clearly, something else is going on. At the same time, GDP came in at around 4.3% growth. That's real strength. Inflation is coming down, growth is strong, and while the labor market is still a little murky, there's no question there's underlying momentum in the system. Investors haven't quite felt it yet. It's been a sticky environment. But my sense is that we're getting closer to a shift—more liquidity, more money in the system, and markets that may start moving meaningfully again. Of course, we'll see how it all plays out. For this episode, my producer Phil pulled together some of the highlights from the show in 2025—a look back at the conversations and ideas that stood out in a year when the data kept surprising just about everyone. I hope you enjoy it. And again, happy holidays. Merry Christmas, and Happy New Year. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  Welcome everybody. This is Buck Joffrey with D Wealth Formula Podcast, coming to you from Montecito, California and, uh, want to wish you, first of all, a happy holidays. Merry Christmas, happy new Year, all that. And, uh, yeah, it’s been, uh, it’s been another, uh, another interesting year in the world of personal finance and macroeconomics is what, what we talk about on the show. And as we look forward to 2026, gosh, who knows what’s gonna happen, right? Uh, well I’ll give you my take in, uh, show coming up where I’m gonna make some predictions. However, you know, it’s just, it, it, it’s just such an unusual time in, in history. Um, as we kind of look at. Coming off of COVID and having those high interest rates and then coming, uh, coming down and then having Trump elected and now the tariffs and well, gosh, who knows? Right? I mean, just for example, you know, almost every expert was pretty much guaranteeing that inflation would go up because of the tariffs. I mean, even if it was transient, which frankly I thought it was gonna be transient, meaning that there was gonna be a bump in inflation. For a period of time until there was a readjustment after tariffs. Well, TPI comes up most recent CPI is actually 2.7. You know, that’s much closer to the fed target of 2%. And, um, 2.7 was, you know, I think, uh, almost a half, half percentage point less than the expected, uh, CPI, uh, report. So that, that’s obviously something else is going on there. And then. GDP numbers came out and we had a four handle. It was like 4.3, I believe, GDP. So we’ve got incredible growth. We’ve got decreasing inflation. The labor market is still, I know, a little unclear, but it seems like there’s a lot of strength in this market. Of course, it’s really sticky investors. We haven’t quite felt that strength yet, but I do think you need to start anticipating. That markets are gonna come back pretty heavy, uh, with increased liquidity, uh, and a lot of money in the system. But we shall see, uh, this show. What we’re gonna do here is, uh, my, uh, producer Phil put this together, but it’s basically some of the highlights of, uh, the show in, in 2025. So hopefully you enjoy it. Uh, and again, happy holidays. Merry Christmas, new Year. And we’ll be back right after these messages. Wealth Formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net, the strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own. Bank to invest in other cash flowing investments. Here’s the key. Even though you’ve borrowed money at a simple interest rate, your insurance company keeps paying. You compound interest on that money even though you’ve borrowed it at result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique, it’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its back. Turbocharge your investments. Visit wealth formula banking.com. Again, that’s wealth formula banking.com. How do you approach the process of identifying stocks that are maybe best suited for consis consistent cash flow? Or do you just pick the stocks that you like and, and create the cash flow? Or are, you know, fundamental metrics that maybe you prioritize? Yeah, the, the, the first thing to determine. I think real estate investors understand this is if I were to invest in real estate, I’m gonna determine whether I’m gonna be a flipper, or I’m gonna try and buy low forced depreciation, sell high. Or if I’m gonna be a cashflow investor where I might invest in syndication, or I am, I’m gonna have tenants in property management. And the same is true with stocks. Most people start off by thinking about price rather than cash flow. They think about buy low, sell high, like a house slipper, and that’s, that’s less tenable in stocks because in real estate, if I buy low and sell high, I can do things to force appreciation. I can renovate, I can get new management, I can put in new appliances. I, there’s things I can do to force appreciation. But once a person buys a stock, there’s absolutely nothing you can do to make the stock price go up. But if you take a a, if you think of it like a real estate investor. You think about it like owning a business where the priority, as you mentioned these metrics, the priority is, Hey, what kind of cashflow will this produce be in terms of dividends and in my case, option premiums. And so some of the key metrics is, you know, if I, I’m basically buying a financial statement, same as real estate. You know, I, I, I, it is just a little different numbers in real estate. I wanna know what the net operating income is. In stocks, I might wanna know what the EBITDA is ’cause they’re essentially looking at the same types of things in real estate. I wanna know what the cap rate is in stocks. I wanna know what the PE ratio is, which is just the same number inverted. They just put the price on the top instead of the bottom. To me, I don’t see a difference between real estate and stocks, uh, in that they’re both a business or they charge someone for a good or a service. And there’s either cashflow there at the end of it or not. If people take a cash flow approach, they can begin to build on their passive income. And that contributes to that blueprint we mentioned earlier to get ’em outta the route race. So if you take a Warren Buffet approach, the most important number in that business is operational cash flow or earnings. Meaning does what they do, their operation. You know, you walk in there, a nice operation you got going here, you know, trucks are moving and you know, products are being built and shipped and, and nice operation. If they’re earning money, that means that’s the life flood of the business. That means it’s got a good moat. That means it’s pretty protected and that allows them to do two things for me. Number one is a dividend, which is exactly the same thing as a distribution in real estate. Uh, there is no difference, uh, in a syndication. I have a whole bunch of investors I’ve joined with where you have a share of this project and when the earnings come out, they distribute the, the distributions among the share shareholders. Same is true with stocks. They take the earnings, uh, we call it a payout ratio, and they take a, a, a significant amount of that money and they pay it in a dividend, same as a distribution. But what I do that’s a little bit unique buck is, uh, is I also have the options market on my side. Where I can use options to control risk, uh, to get guarantees where I can buy and sell, but even more importantly, I can offer, uh, and get paid for making promises to people. This is very much a Warren Buffet deal where it, it brings a significant increase to my monthly cash flow beyond the dividend, up to three, two and three times. Uh, the amount of money, two to 300% more cash flow. By being involved in the options market and that’s, that’s a nice secret sauce. The yield max Tesla option income, ETF, which is TSLY. And basically what it does is. Is it just does a series of longs and shorts and, and then generates what looks like to be kind of a, a ridiculous amount of, uh, dividend, uh, per, per month. So what are we missing here? What, what’s, well, you’re, you’re basically hiring those guys to mow your grass. It’s just like any other mutual fund or any other. They’re doing something you could absolutely do by yourself and not pay them a fee. There’s two cultures. There’s the advice culture and there’s the education culture and the advice culture. People say, look, I don’t wanna learn anything. Just gimme the advice. Well, you’ll pay for that in fees. And the problem with doing that is if you really listen to Warren Buffett, which 1% is enormous. Because in the wealth blueprint that we do for people, we use compounding. We use the compounding calculator to see what we’re gonna need. You drop that 1%, you give up 1% of your compounding powers as an investor over your life, it, it wouldn’t seem like 1%, but Buffet knows the truth. It’s enormous. So yeah, absolutely there are ETFs and there are funds that will do exactly what I do or what I teach people to do, but we have some advantages in doing it yourself because risk is about control. I trust myself more than I trust those guys any day of the week. And like I say, I’m doing this by month, so yeah. But it’s legit. How do you even make predictions? And second of all, I mean presumably you still have some forecasts over the next, uh, 12 to 24 months, and maybe you could tell us a little bit about that. Our methodology lends itself to times of uncertainty like this, and that’s the benefit of really relying on the leading indicators that we have. Now. We do have to take a little bit of a different approach. We have to look at data in a lot higher frequency today. You know, a lot of the data you get from government sources or quarterly data, monthly data, but we’re having to track weekly trends with the ever-changing environment that we find ourselves in. So we’re not surprised by the time any monthly or quarterly data comes out. The level of uncertainty that we’re dealing with is certainly unprecedented. I share an index each day, um, and we are three times more uncertain today than we were at the height of the pandemic. You know, put that in perspective, right? Yeah. So we do have to adjust, um. The, the way that we’re looking at data with higher frequencies, we also have to rerun a lot of these correlation analysis. Every single time we get a new data point to see are these lead times becoming more condensed? Do we have to make adjustments in our models as a result to maybe data reacting quicker than it might have in the past? So those are some of the ways that we’re, we’re continuing to evolve in these interesting times we live in. This relates to our forecast. Our team expected some weakness in the first part of this year, and, and we knew that coming in with the, with the tariffs that were proposed during President Trump’s campaign, we did have a weak first quarter GDP number forecast. Our team was 0.1% off of nailing that first quarter GDP number, so they were right on the money there. Uh, we were very impressed with that, but we do expect a sluggish first half of the year. We call it the recovery phase of the cycle. What we mean by that is our growth rates are still building momentum, but are still negative year over year. You know, ITR. Really known for its emphasis on leading indicators. So which of the leading indicators you guys rely on the most when and, and I guess which are flashing red or green right now? I’ll give you one of each. Uh, yeah. The one we’re in right now, we look at the purchasing managers, index isms, purchasing managers index. Now we look at at on a one 12 basis. What I mean by that is we compare the most recent month, the same month one year ago. The reason we look at it on that basis is it gives us 12 month lead time into the future when you correlate it to the economy. That index was recently rising until we got the most recent month of data, and then it dropped back down. So that is giving us the mixed signal of, hey, we need to be a little bit more concerned about the prospect for growth moving forward. Now the opposite is true when we look at an indicator called capacity utilization. What Capacity utilization measures, it’s about an eight month lead time to the economy. So still a nice view into the future, but what it measures is output over capacity, and that actually continues to improve meaning. And again, really all that means on a simple level is we’re utilizing more of our existing capacity, so we’re getting busier. If we look at the consumer side of inflation that the Fed’s more concerned about in terms of setting policy, we have inflation essentially flat this year from where we are today. Now, if you look at the CPI, it’s at 2.8%. Our projection for the end of the year is 2.8%. We don’t see inflation coming down much at all. As a result of that, that’s why you’re seeing Chairman Powell back off being able to cut rates and is holding these rates steady because he sees these higher inflation risks as well. And so from our perspective, it’s very unlikely you see any meaningful interest rate decline this year. Yeah. Now again, the second quarter, GDP number can have an impact on that. We do see a very weak second quarter chairman Powell alluded just a couple of days ago to some slack in the labor market. Maybe you can get a quarter point if we have a really weak second quarter, quarter point cut, but it just seems very unlikely given how persistent inflation has been. And so we tell all of our clients, prepare for interest rates to be relatively flat this year, and prepare for interest rates to rise through the balance of the second half of the decade. It’s not just tariffs, it’s employment costs, it’s electricity costs, it’s material costs. There’s a lot more driving higher inflation than just tariffs. What macroeconomic trends are you watching right now with regards to how they’re shaping the markets today? I think there’s really three things right over the long run. They’re gonna debase the currency, that’s gonna be a persistent tailwind for all liquid, uh, assets, including stocks. Bitcoin gold and bonds. And then I think that you also are going to have a, uh, very interesting dynamic around all these tariffs, uh, and kind of the administration’s economic policies. And then the third thing is that there is a whole technology, uh, trend to, uh, pay attention to. Uh, obviously innovation is very deflationary. Uh, we’ve got, you know, things from humanoid robots to rockets to gene editing, to uh, to crypto and everything in between. And so I think those three things really tell the story of where, uh, markets potentially go in the future. When I grew up, um. S and P 500 was the benchmark. There’s a risk-free rate in bonds. I believe that my generation and younger sees Bitcoin as the benchmark. And so, uh, it’s very simple. If you can’t beat it, you gotta buy it. And I think that there’s institutions around the country who are realizing they can’t beat the benchmark and therefore they will end up buying it. And really, to me, that is, uh, maybe the most interesting. Part of the entire conversation is that Bitcoin obviously has risen significantly on a percentage basis in appreciation. Bitcoin has kind of infiltrated every corner of finance, but most importantly is it has transitioned from a high risk, you know, kind of asymmetric type asset to now it’s becoming the hurdle rate uhhuh. And if you’re the hurdle rate, you suck up a lot of capital. Yeah. Because there’s not a lot of people who can beat you. And I think that that is a very powerful position for Bitcoin to be in. And that’s how you infiltrate into, uh, the institutional portfolios. Bitcoin will stop going up. When they stop printing money. I don’t think they’re gonna stop printing money, so I don’t think Bitcoin’s gonna stop going up. That’s kind of one huge component of this. The second thing is that Bitcoin is very unique in that the higher the price goes, the less risky it is deemed by the largest pools of capital. Mm-hmm. And so usually, you know, if NVIDIA’s at a $4 trillion market cap, people like, oh, it might be overvalued there. A lot of debate. Right. Bitcoin if it was at a $4 trillion market cap would be way less risky than it when’s at 2 trillion. And so there is a lot of structural advantages, both from the legacy world but also from the Bitcoin market that I think will continue to lead to these large institutional capital pools. Uh, allocating some percentage. And the beauty is right now we have very small adoption in that world. Uh, it’s only gonna get bigger. It’s only gonna get more normalized. And I think that one of the parts people really underestimate when it comes to Bitcoin is how important time passing is. You know, if you think back, uh, there is not anyone under the age of 16 that has lived their life without Bitcoin existing. If you’re keeping large chunks of money in savings account, paying less than 1% or any percent less than inflation, you’re bleeding wealth every single day. It feels safe. It looks safe, right? ’cause the numbers may not be moving nominally but it, but it’s not safe. It’s a bucket with a hole in the bottom and you don’t even notice until it’s almost empty. That’s why the wealthy don’t hoard cash. They own assets. They own assets that inflate with inflation. If you can’t beat ’em, join them. They buy things that grow in value as dollars shrink because they understand the system. They don’t fight it, they ride it. So you’ve said many times that the current monetary system is broken and headed for reckoning. So from your perspective, what are the core flaws in the system right now and how do we get here? Well, probably the largest and most obvious underlying flaw in the monetary system is the fact that the federal government just can’t balance its budget. And so they have to take on debt to cover the deficit that they run and that deficit. Well, you know, over the course of the last 20 years, it’s gone up and down. More recently, it’s gone mostly up and, uh. We just came through a period where, you know, it was reemphasized to everybody. Just what a problem this is. Because as you’ll recall, when Trump was first elected, they were talking about those, the Department of Government Efficiency and cutting expenses and you know, maybe 2 trillion or 1 trillion. Of course, then Elon got frustrated and left and the numbers have come down and you know, Trump and the Freedom Caucus was saying they were gonna try and balance the budget or at least cut expenses. And of course, what we know is that they just passed this big beautiful bill. Which really increases the deficits and they bump the debt, uh, ceiling up by another $5 trillion. So sadly, what do many of us have seen and been saying, which is to say they just can’t stop, kind of continue. Seems to be continuing. And, um, you know, the reason why that, just to close the full circle, the reason why that matters is they, they do this debt, they issue debt to cover these deficits, and then the debt requires interest payments and, you know, there’s not enough money to make the interest payments. And so. They more or less have to print the money, you know, and inflate the money supply to keep the system going. And that’s why it’s so important to hard assets. You know, we need to grow the economy at, you know, 4, 5, 6, 7% a year, which, which we’ve never really done on real terms. Well, I think that is kind of what they’re projecting it might be, but it, it’s gonna be harder than hell to achieve. I mean, it just, where you can’t just snap your fingers and create that growth. Now, don’t get me wrong, if you start to, if you ramp up inflation. If you have 10% inflation, well then the GDP number’s gonna get bigger, fast. And so really the model they’ve used, they call it the R Star model, is that they’ve got to have faster growth. Growth rate has to be higher than interest rates, or else you’re in a debt spiral. And so what’s been happening is, by the way, that’s why Trump wants to take interest rates down so much. You know, he is called for a 300 basis point cut. Imagine right now with inflation running at three plus percent, if they cut rates to one point a half percent or one point a quarter percent, I mean, it would be good for the economy. People would refi their houses. You know, there were all kinds of, you know, growth, right? Huge. But in turn it would be inflationary, very inflationary. That’s the trap. They’re really kind of caught in. It’s a seventies kind of stagflation sort of environment. You know, if they don’t keep rates low, they’re not gonna have any growth. If they want to get growth, they’ve gotta keep rates low. That’s gonna lead to monetary creation, which is gonna lead to inflation. Look how it all resolves is very complicated and none of us know. Yeah, sure. But what I do know with very high certainty, with a lot of confidence is this is going to be an inflationary decade. It’s already been an inflationary decade, and because of the way the math is today is very highly likely to continue to be an inflationary decade until we fix this monetary system. Well, we have less than 3% adoption. Three goes to six fairly easily. You know, human beings underestimate how long change really requires, and then we really underestimate how much change actually occurs. Think the internet like we are moving into a digital planet, right? Robots are not going to use credit cards, man. They’re not gonna use, they don’t need visa. We don’t need middlemen. The cool thing about Bitcoin, unlike the Rolls Royce, is you don’t have to buy the whole Rolls Royce. You can buy a fraction of it. You know, you don’t, maybe you guys partner with each other to do apartment buildings. Well, you’re already doing fractured deals on apartment buildings, so Sure. It’s not really that different. 2%, 3% goes to six. I mean, it does go to six. You have the largest ETF in the history of ETFs, okay? This supersedes the goal. ETF by orders of magnitude. I study markets very, very well, price. Really gets people’s attention. I think price is, uh, 90% of Bitcoin. Like I am truly a supply and demand guy. Oh wow. 21 million. And you guys have lost four. You lost 4 million coins. Oh, how’d you lose the 4 million? You lost the 4 million. I know how you lost it. You mispriced it. Bitcoin has been mispriced every day. Its entire history. Dude. 19 million coins have been issued. The addressable market is 8 billion people. You don’t need ’em all. Yep. You just need a small function of those 8 billion to go, Ooh. 21 million units and and four have been lost. It’s already mispriced. Okay. They’re pricing Bitcoin at one 15 Today, assuming there’s 21 million units, we know there’s not. There’s 17, so the supply shrunk. The market caps at 2 trillion. Hello. The standard deduction for a household is now, uh, what in a low 32,000 range. And it turns out that 60% of the households in the United States cannot take advantage of itemized deductions. That is when they take their mortgage interest, property taxes, charitable deductions, they don’t get that number. And so there’s not as much benefit to home ownership as there used to be in the United States. With our big institutional players, nobody wants their appraised values to be quickly marked down to market, because if your competitors don’t do the same thing and they’re part of the index and benchmark that you compete against, you’re going to underperform. And so we’ve traditionally had a lot. Appraised values for real estate among the institutional players, especially. You don’t get this out of the private market, but you get this from the nare players, the institutional type players, and, um, and everybody’s, uh, uh, fearful of underperforming that index. I would prefer as a private investor just to go ahead, bite the bullet and mark it down. Now take the pain if in fact you’ve seen it go down. Some markets have seen property values go down 30, 35% even in multifamily, but they’ve bottomed out in the transaction market and, and absolutely the, uh, the appraisers are gonna have to bring it down and the owners are gonna have to ease up that pressure and say, yes, I want a realistic appraisal. But, um, but there is that fear of underperforming the index and that’s. What’s holding up the American appraisal firms in 2008, 9, 10, 11, we saw a lot of deep distress. The the smart money was ready for it. Now, there’s a lot of people with dry powder, as we say. Ready to p on the market hoping for some distress from those who cannot refinance now, whose, whose CMBS loan or other money is, is rolling. A couple points there. One is, I think you’re going to see more loan modifications this cycle than last time because they realize it’s temporary and they realize that not all properties are in trouble. And these tend to be the higher leverage properties. The smart private wealth investors tended to use conservative leverage over the last several years knowing we’d hit a cycle and, and they probably are 65% or less. Leverage some of the, um, greener newer investment managers might have gone up to 80% and might have even used variable rate debt when they shouldn’t have. They’re the ones getting nailed. They’re losing all their equity and that property is distressed. So there’s not that much of it out there. But there’s a little bit, and I would certainly pounce on it if you can find it. There are often a lot of sort of hidden costs associated with buying versus renting. Can you talk about trying to weed through some of that? Sure some of the highest costs that we don’t think about when we own, although we do take cut down on risk. And also I think that’s come back to consumption. I, I is the fact that there’s the opportunity cost. So think about having 50%, a hundred percent of your home paid for. This, it’s the opportunity cost. You’ve actually taken capital out of play at higher returns to put it into something that perhaps, yes, you see it as a form of an investment, but it’s also partly consumption. And I think that’s why many people end up paying for their homes when they can, because there’s an old saying, and that is, you can’t go broke if you don’t owe money on it. Right? So if you, it’s hard for the lender to come get your home and you don’t really care, right? You wanna be able to. Have no debt on your home. It doesn’t make the typical financial sense if we argue at it from leverage and returns and maximization of returns. I think most people this high end level are looking at, you know, I, I, I, I have high net worth. I’m looking at both consumption and the investment side of the component. But very often the consumption wins and the investment is I can be safe and I can own this house. Outright in many states too. Your homeowner, the home that you live in, you are actually, if you’ve homesteaded the home, you’re actually protected against lawsuits and other things that are out there. Divorce cases will protect your position in, in terms of a homestead, so you can protect a significant portion of wealth by having a paid for home. What are some of those markets that are really overpriced versus. I guess underpriced right now. So when we look at the top 10 most overpriced markets in America right now, we look at their prices, where they are and compare them to where they should be statistically modeling them. We’re seeing the most overpriced markets are Detroit at 33.5% and then falling, falling, descending. Order of Cleveland, Ohio. New Haven, Connecticut, Akron, Ohio, Worcester, Massachusetts, Las Vegas, Nevada, Hartford, Connecticut. Rochester, New York, Knoxville, Tennessee, Toledo, Ohio. You’ll notice. And these are overpriced. These are overpriced. These, the overpriced mark. That’s so, that’s sort of counterintuitive, isn’t it? Ab absolutely. But yes. Wow. Okay. And then h how about the, uh, underpriced markets? I’m curious on that too. Sure. So when we then go to the opposite end of the spectrum, and usually now with underpriced comes risk and there’s risk in both of these markets, what you wanna do, both overpriced and underpriced, what you wanna be long term in a housing market. Uh, ’cause you want to be really close to that trend and not have these dramatic swings. It’s just like stock price. We don’t like volatility. Housing, it’s, it’s dangerous for performance. The most underpriced markets. We only have four markets in America right now that are trading at a discount relative to their long-term pricing trend. In other words, statistically, where they historically prices say prices should be today only four cities are underperforming. That that’s Austin, Texas at 3.1% below where they should be, or a discount of 3.1%. San Francisco at a discount of 6.5%. Wow. New Orleans, Louisiana at a discount of 8.7 and Honolulu, Hawaii at a discount of 10.3. Notice I’m not saying these markets are inexpensive. They’re just below where they’ve historically been. These are the best buys right now because they’re below their long-term trend. One of our other indices, we call it our price to rent ratio. It’s really a PE ratio for rents versus home ownership. And then so we can look at that. So if you’re in our a hundred markets, we know the average price, right? So it’s gonna be priced, divided by the annual average rent. So it’s gonna be how many dollars in price do you pay for every $1 and annual rent? And that gives us the relative difference between owning and renting. The higher that ratio. The, the more you should on in general be leaning towards renting, the lower that ratio, the more you should be leaning towards owning. And we used to do an old buy versus rent index for 23 cities. We now do it for 100 cities. And this price to rent ratio produces almost the same exact answer. So when we look at the average price to rent ratio in an area and we just compare, are they above or currently are you above the price to rent ratio? Uh, for Los Angeles, California. Are you below it? If you’re above that average for say the last 10 years, you’re gonna be rent friendly. If you’re below it, you’re gonna be bio friendly. I can do this very quickly. Pick a California market you’d like to know about. Why don’t we try Dallas, Texas. Okay. Dallas, Texas. That one’s in the top 100 in terms of population. So Dallas, Texas, uh, their price to rent ratio is at about a, just below a 6% premium. In other words, that trade off between renting and owning is about 6% above where it should be, so it slightly favors renting. I’ll jump to the next index. If we look at actual prices in Dallas, there’s a slight premium. So it’s, it’s, it’s telling me, Hey, that my price to rent ratio’s high, slightly favoring ownership, but it’s probably because prices are a little high and they might change. Uh, Dallas has had a bit of a. Premium right now. So I will now go look at Dallas rents. My gut feeling is they’re gonna be below average and they are. They’re at about a 4.5% discount. So that’s just market dynamics in motion right there. And we can do that for a hundred cities pretty quickly. Mm-hmm. You make a lot of money, but are still worried about retirement. Maybe you didn’t start earning until your thirties, now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Good news. If you need to catch up on retirement, check out a program. M put off by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens to you. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealth formula banking.com. Welcome back to the show everyone. Hope you enjoyed it and uh, once again. Thanks again for listening. Uh, I truly appreciate your support. I hope, uh, I hope it’s been entertaining for you and that you’ll learn something along the way and, um, you know, always appreciate your feedback. Shoot me an email, bucket wealth formula.com. Let me know if there’s things that you want me to do. Let me know if there’s things you wanna hear more about. Uh, but hopefully it’s gonna be a good year and we’re gonna keep plugging away talking about the, you know, try to get educated myself and pass along information to you on Wealth Formula Podcast. That’s it for me this week on Wealth Formula Podcast. This is Buck Joffrey. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit well formula roadmap.com.

In this post-Christmas edition of Talking Real Money, Don McDonald and Tom Cock dismantle one of the most seductive myths in personal finance: the promise of high returns, no risk, and tax-free income. Using the lawsuit filed by Kyle Busch against Pacific Life as a case study, they expose the dark mechanics of indexed universal life insurance—hidden commissions, opaque costs, fabricated indexes, and returns that quietly disappoint. The episode then pivots to listener questions on diversification mistakes, Roth vs. traditional 401(k)s, late-career pivots into financial advice, ETF selection for retirees, and why doing less with your portfolio almost always beats doing more. 0:04 Post-Christmas welcome, Kyle Busch jokes, and why rich people get fleeced too 1:18 Indexed Universal Life explained (and why it's not an investment) 1:45 The “bank on yourself” fantasy and why it never dies 2:27 $10.5 million in premiums and promises of $800K tax-free income 3:20 Why IULs avoid SEC and FINRA scrutiny entirely 4:21 The sixth premium notice that blew up the deal 4:41 How IULs implode if you stop paying—and why everything can vanish 5:52 “Tax-free income, high returns, no risk” exposed as marketing fiction 6:01 Hidden commissions, alleged 35% payouts, and zero disclosure 7:37 Proprietary indexes designed to benefit insurers, not investors 8:50 Internal Pacific Life doc: “Don't call yourself a financial planner” 9:57 Why consumers can't see costs, commissions, or real returns 11:37 Real-world IUL returns: roughly 3–5% annually 12:23 Why even Kyle Busch doesn't actually need life insurance 13:44 Caveat emptor—and why “Life” in the firm name should trigger alarms 14:03 Listener portfolio question: 60/15/25 isn't diversified 14:53 The S&P 500 isn't “the market” (and seven stocks prove it) 15:54 Simple global solutions vs. portfolio over-engineering 17:11 Podcast tech humor and March seminar tease 17:22 Listener praise—and teaching people how to find podcasts 18:11 2026 seminar date confirmed: March 7 19:23 Career pivot at 53: CFP vs. AFC vs. Series 65 22:02 Why fiduciary firms are hiring—and sales shops are traps 23:22 ETF selection for retirees: growth, risk, and tax efficiency 24:27 Why Morningstar confuses more than it helps 25:07 Dimensional, Avantis, and keeping portfolios simple 26:20 Final thoughts, free fiduciary consults, and year-end wrap Learn more about your ad choices. Visit megaphone.fm/adchoices

Tim Reilly, Head of Exchange Traded Solutions at the NYSE, joins Bilal Little to break down the 2025 ETF Wrap-Up and reflect on a year of growth and innovation in the ETF space. He highlights key trends that shaped the market, from record launches to shifting investor demand, and shares how the NYSE positioned itself amid these changes. The conversation explores lessons learned from 2025 and the strategies driving ETF adoption across asset classes. Tim also looks ahead to 2026, offering insights into what's next for ETFs and the opportunities on the horizon.

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htrt5 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— 【98有聲書房】開張，訂閱收藏News98精選有聲書：https://apple.co/44KcuRo 主述：趙自強 演出：行動修理紗窗小發財車 製作：林建光、邵聖涵 ----- ▍九八新聞台@大台北地區 FM98.1 ▍官網：http://www.news98.com.tw ▍粉絲團：https://www.facebook.com/News98 ▍線上收聽：https://pse.is/R5W29 ▍APP下載 • APP Store：https://news98.page.link/apps • Google Play：https://news98.page.link/play ▍YouTube頻道：https://www.youtube.com/@News98 ▍Podcast：https://news98radio.wixsite.com/news98podcast 訂閱如果兒童劇團YouTube頻道 https://www.youtube.com/user/if33433622 按讚如果兒童劇團FB https://www.facebook.com/ifkids.theatre Powered by Firstory Hosting

Aakash Doshi, Global Head of Gold for the SPDR ETF business at State Street Global Advisors, joins host Stewart Foley on the InsuranceAUM.com Podcast for an in-depth discussion on one of the most talked-about asset classes in recent years. The conversation explores the macroeconomic, geopolitical, and structural forces that have shaped gold markets since the post-pandemic period.   Aakash shares his perspective on central bank demand, ETF flows, global debt levels, and the concept of gold as an alternative fiat hedge. He also explains why gold is often viewed as a left-tail asset and how it differs from other commodities and digital assets in institutional portfolios.   The episode concludes with a practical discussion around implementation, including how institutional and insurance investors access gold exposure at scale and what risks could influence the outlook heading into 2026. This episode is for educational purposes only and does not constitute investment advice.

A failure is not always a mistake. It may simply be the best one can do under the circumstances. The real mistake is to stop trying. — B. F. Skinner Yesterday's Trade Execution Summary Grid: Receive TODAY's Trade Execution Summary Grid, our Complete Analysis & Predictions of Stocks, Bonds, Gold & Bitcoin by becoming a Patreon Member at any of our three levels of support: https://bit.ly/CWPatreonSupport Sign up at Trading View access my platform and charts: https://www.tradingview.com/?aff_id=136493 How to Set Up Our Three Time Frame Chart on TradingView: https://youtu.be/wLwTnrtAOTA I have opened my page to sharing. Find me on TradingView at Thom Goolsby. Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock, ETF and crypto charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer. Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe. Use the lessons we teach every day to accurately chart any stock, commodity, ETF and cryptocurrencies. We give you daily, real life lessons with the five ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds, Gold and Bitcoin. We have all the tools you need to learn how to trade. For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: "Every Indicator Can Fail." https://youtu.be/q0_TJthiC-U If you are not a subscriber, become one! Subscribe for FREE to our daily market reviews & training at http://www.ChartingWealth.com We urge you to "Follow the charts, NOT the noise!" and want to help you follow the market and improve your knowledge of stock and ETF movements. Support our work at PATREON and receive GREAT benefits (training, gifts, etc...): https://www.patreon.com/user?u=14138154 Receive our STOCK ALERTS via TEXT when WEEKLY VERTICAL CROSSOVERS occur. Very valuable information! Less than 8 texts a month. Text "chartingwealth" to 33222 on your cell phone. At ChartingWealth.com, http://chartingwealth.com every day the market is open, we chart the S&P 500, NASDAQ 100, Gold & Bonds. In just a few short minutes, we give you a valuable training update and quickly review the trends we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what's on the calendar for the next trading week. DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information -- nothing more.

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htrrt 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— 由一口都不想浪費的【味味一品】贊助播出！忙碌一天後，來碗熱騰騰的泡麵，湯暖胃，麵入味，瞬間忘卻加班的疲勞，療癒你的是那熟悉的溫暖感。味味一品，讓你每一次的疲憊都能得到舒緩。全台各大通路熱賣中！ https://fstry.pse.is/8j6t7u —— 以上為 Firstory Podcast 廣告 —— 【98有聲書房】開張，訂閱收藏News98精選有聲書：https://apple.co/44KcuRo 主持人：阮慕驊 來賓：摩爾投顧分析師 謝晨彥 主題：7.0強震 擋不住台股創高 節目時間：週一至週五 5:00pm-7:00pm 本集播出日期：2025.12.29 此集影片YouTube連結 https://youtube.com/live/fv6ZHh0Dmag

由一口都不想浪費的【味味一品】贊助播出！忙碌一天後，來碗熱騰騰的泡麵，湯暖胃，麵入味，瞬間忘卻加班的疲勞，療癒你的是那熟悉的溫暖感。味味一品，讓你每一次的疲憊都能得到舒緩。全台各大通路熱賣中！ https://fstry.pse.is/8j6syc —— 以上為 Firstory Podcast 廣告 —— 由一口都不想浪費的【味味一品】贊助播出！忙碌一天後，來碗熱騰騰的泡麵，湯暖胃，麵入味，瞬間忘卻加班的疲勞，療癒你的是那熟悉的溫暖感。味味一品，讓你每一次的疲憊都能得到舒緩。全台各大通路熱賣中！ https://fstry.pse.is/8j6t7u —— 以上為 Firstory Podcast 廣告 —— 【98有聲書房】開張，訂閱收藏News98精選有聲書：https://apple.co/44KcuRo 主持人：阮慕驊 來賓：群益金鼎證券資深副總裁 李魁榮 主題：2026年美股還有多少空間？全球ETF新高觀察 節目時間：週一至週五 5:00pm-7:00pm 本集播出日期：2025.12.29 此集影片YouTube連結 https://youtube.com/live/ssx_1d8tb5I

The 2025 Crypto Year in Review | Bitcoin Breakdown & The IBIT Revolution As we close the books on an insane 2025, Mark Longo and Greg Magadini from Amberdata sit down for the final episode of The Crypto Rundown of the year. It has been a year of massive adoption, regulatory shifts, and the definitive "IPO moment" for Bitcoin. From the explosion of IBIT options to the wild rollercoaster of Ethereum and the rise of digital asset treasuries, we break down the data that defined the last 12 months. Inside This Episode: The 2025 Bitcoin Retrospective: Bitcoin started the year in the mid-90s, hit an all-time high of $126,000 in October, and weathered the "Tariff Tantrum" lows of $76,000. The IBIT Story: Why the IBIT ETF was the story of the year, bringing traditional US investors into the crypto vol space and shifting the vol surface from the offshore "whales" to Wall Street. Ethereum's Multiple Lives: ETH went from being "dead" in Q1 to hitting nearly $5,000 in August, before finishing the year back under $3,000. The Changing Vol Landscape: A deep dive into why crypto skew has turned negative, looking more like traditional equity markets than the "call-heavy" markets of years past. Altcoin Universe Wrap-up: Analyzing the 2025 performance of Solana, XRP, Doge, and the "Netflix of stablecoins," Circle. Digital Asset Treasuries: The struggle of MicroStrategy (MSTR) and MSTU as momentum shifted at the tail end of the year. Notable Quotes: "The spot ETF was the IPO moment for Bitcoin. It was the time for big-time whales to finally get liquidity and distribute shares like a corporate listing." — Greg Magadini Resources & Links: Amberdata: Access granular on-chain and market data at Amberdata.io . Options Insider Pro: Join the community and get the Pro Trading Crate at TheOptionsInsider.com/Pro . Follow the Network: Stay updated on Twitter @Options and @Amberdataio.

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htrsa 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— 由一口都不想浪費的【味味一品】贊助播出！冷冷的天，來碗熱騰騰的泡麵，讓專屬於自己的小片刻，充滿溫暖與放鬆。味味一品，讓每一碗都成為你放鬆的理由。全台各大通路熱賣中！ https://fstry.pse.is/8j2cks —— 以上為 Firstory Podcast 廣告 —— 當外國客戶/老闆/朋友問台灣熱門新聞或景點時，你該怎麼簡單有力地回覆，同時加深雙方關係呢？ 為了幫助你強化英文社交力，新單元「三句話聊台灣 Taiwan in 3 Sentences」誕生了

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htser 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— Support this show: https://esta-pareja.firstory.io/join Leave a comment and share your thoughts: https://open.firstory.me/user/ckkpgxtrc1dry0866oypwapxf/comments 填寫 Yolanda 老師 x Hahow 好學校課程「外語學習全攻略」課前問卷，許願課程單元＋抽獎 300 元購物金 加入台瓜夫妻 YouTube 會員頻道，一年紮實學好 A1-B1 的 50 個精華文法 加入台瓜夫妻 Podcast 會員專屬頻道，一年紮實學好 A1-B1 的 50 個精華文法 贊助台瓜夫妻一杯咖啡，行動支持我們的創作 留言告訴我你對這一集的想法： https://open.firstory.me/user/ckkpgxtrc1dry0866oypwapxf/comments 想諮詢雲飛課程，歡迎加 Line: yunfei1205 ，預約線上諮詢 想了解雲飛西語「線上密集班」課程？按這裡 想了解 2025 年雲飛一般課程、DELE 準備班課程？點這裡看成人團體課程 聰明學好語言必讀：懂語感無痛學好任一種外語 西班牙語教材推薦 雲飛臉書粉絲頁 雲飛西班牙語、華語、師資訓練課程官網 雲飛線上學校預錄型課程 游皓雲 Yolanda 老師個人部落格 洛飛南 Fernando 老師個人部落格 教室地址：

本期主播：李雨旋，三联生活传媒策划小鸽，三联生活传媒策划嘉宾：王立新，世界黄金协会中国区CEO过去几年，黄金重新回到人们的视野中。 在社交媒体上，#年轻人开始囤金条# 的话题阅读量突破十亿，“攒金豆子”“小克重金条”成为日常分享，这些新趋势反映出大众，尤其是年轻群体对黄金投资属性的重新认知和实践。正因如此，围绕黄金的讨论，重新变得密集而具体。这种围绕黄金的热度，在2025年迎来了明显的加速。12月24日，国际金价站上每盎司4500美元，从年初的每盎司2600多美元一路飙升。国内金价也从每克600元突破1000元大关，上涨60%以上。尤其引人注目的是，市场在2024年创下了逾40次历史新高，进入2025年后，破纪录的次数更是超过了50次。不断被刷新历史纪录，也让关于黄金的提问，变得直接而迫切——“现在是不是太高了？还该不该买？”这些反复的犹豫，不只是对价格高低的纠结，更是普通人在金融市场复杂变化中的选择焦虑。当单一资产变得越来越不确定，黄金到底是一次性的选择，还是应该成为资产结构中值得长期配置的重要组成部分？随着“黄金+”这类组合方案逐渐进入大众视野，普通人是否能借此找到一种更可持续、也更易于执行的投资路径？在本期节目中，我们试图拨开市场的层层迷雾，重新理解黄金作为财富“压舱石”的独特价值，带你了解“黄金+”产品这一新型投资选择。00:00:15 从股市、房价到黄金热：我们为何集体关注黄金？00:09:02 如何认识黄金：黄金的三重属性00:19:43 你的投资“球队”里，黄金应该踢哪个位置？00:24:17 金价因何而涨？从历史周期理解当下的“信用风险”时代00:33:36 实物还是ETF等金融衍生品？揭开各类黄金投资渠道的面纱00:44:41 什么是“黄金+”？一种把黄金作为“战略底仓”的新思路00:49:38 “黄金+”，如何解决普通人投资黄金的三大难题？00:52:58 “黄金不等人，但‘黄金+'没准儿可以”风险提示：本内容仅供参考，不构成任何投资建议。投资者在做出任何决策前，应充分知悉并考虑以下风险：1.市场风险：“黄金+”产品净值随底层资产价格波动而变化。黄金、股票、债券等市场均存在价格波动风险，过往业绩不代表未来表现；2.产品风险：不同“黄金+”产品的具体策略、费率、业绩基准和流动性安排（如持有期）存在差异，投资者需仔细阅读产品法律文件，选择与自身风险承受能力相匹配的产品；3.认知风险：黄金作为一种资产配置工具，其主要功能在于长期分散风险、平滑波动，而非短期投机获利。投资者应避免因市场短期涨跌而进行频繁申赎，这可能因择时错误和交易成本而侵蚀长期收益；4.自身风险：投资决策需基于个人的财务状况、投资目标、风险承受能力及投资期限。在决策前，建议咨询独立的专业顾问。策划：李雨旋、郭凯鸽音频制作：foku

Tuż przed świętami w Moskwie zabity został jeden z najważniejszych ludzi w rosyjskiej armii - Fanił Sarwarow. Kim był? Jakie będą tego konsekwencje? O tym mówi ppłk rez. Maciej Korowaj.(00:00) Wstęp(2:10) Kim był Fanił Sarwarow? Co się stało 22 grudnia w Moskwie?(10:30) Jak doszło do zamachu?(14:05) Jakie mogą być konsekwencje? Co to może oznaczać dla rosyjskiej armii?(19:55) W jakim stanie jest dziś rosyjska armia?(28:03) Na ile mają problemy z poborem?(37:05) Czy Putin zdaje sobie sprawę z zakłamania systemu?Tu możesz zgłosić się do Szkoły Przywództwa: ⁠https://szkolaprzywodztwa.pl/⁠Mecenasi programu:Inwestuj w fundusze ETF z OANDA TMS Brokers: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://go.tms.pl/UkladOtwartyETF ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠AMSO-oszczędzaj na poleasingowym sprzęcie IT: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://amso.pl/Uklad-otwarty-cinfo-pol-218.html⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Pobierz aplikację Hallow: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ http://hallow.com/ukladotwarty⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://patronite.pl/igorjanke⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠➡️ Zachęcam do dołączenia do grona patronów Układu Otwartego. Jako patron, otrzymasz dostęp do grupy dyskusyjnej na Discordzie i specjalnych materiałów dla Patronów, a także newslettera z najciekawszymi artykułami z całego tygodnia. Układ Otwarty tworzy społeczność, w której możesz dzielić się swoimi myślami i pomysłami z osobami o podobnych zainteresowaniach. Państwa wsparcie pomoże kanałowi się rozwijać i tworzyć jeszcze lepsze treści. ⁠⁠⁠⁠⁠⁠⁠⁠

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htrvq 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— 由一口都不想浪費的【味味一品】贊助播出！忙碌一天後，來碗熱騰騰的泡麵，湯暖胃，麵入味，瞬間忘卻加班的疲勞，療癒你的是那熟悉的溫暖感。味味一品，讓你每一次的疲憊都能得到舒緩。全台各大通路熱賣中！ https://fstry.pse.is/8j2bfp —— 以上為 Firstory Podcast 廣告 —— Leave a comment and share your thoughts: https://open.firstory.me/user/ckrc5wq2f9pij09307yht20qx/comments 【 #時事 】EP.428｜免費線上課程—懷才不遇自救法｜呢個工聯會唔講得笑，唔好話懷才不遇，你無才不遇都有一片天｜直播｜半夜微醺 Drunkirk 影片連結：https://youtube.com/live/4uFdcsaPigo 新文化復興之「食字老人院」??

VettaFi's Head of Research Todd Rosenbluth discussed the biggest ETF-related takeaways for 2025 on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” Why should you attend Exchange? Exchange gives advisors access to subject matter experts and developmental opportunities across all of the dimensions of their professional portfolio. Invest in your greatest asset – yourself. To learn more visit https://www.exchangeetf.com/registration

新感覺夾心土司 多種口味隨心挑選 讓你隨時隨地都有好心情 甜蜜口感草莓夾心、顆粒層次花生夾心、濃郁滑順可可夾心 主廚監製鮪魚沙拉、精選原料金黃蛋沙拉 輕巧美味帶著走，迎接多變的每一天 7-Eleven多種口味販售中 https://sofm.pse.is/8jjltm -- 股價迭創新高，台股站在關鍵成長賽道 投資若能回歸經典，反而會更有效率

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htru6 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— 由一口都不想浪費的【味味一品】贊助播出！忙碌一天後，來碗熱騰騰的泡麵，湯暖胃，麵入味，瞬間忘卻加班的疲勞，療癒你的是那熟悉的溫暖感。味味一品，讓你每一次的疲憊都能得到舒緩。全台各大通路熱賣中！ https://fstry.pse.is/8j2bdh —— 以上為 Firstory Podcast 廣告 —— 台灣美國運通推出的「AMEX簽帳白金卡」專屬活動－「白金美饌‧非同凡饗」，已確定續延至2026年啦！2025年起，每一日曆年度均提供每位持卡人最高 NT$10,000 的餐飲刷卡金回饋，分為「全台指定餐廳」與「海外指定餐廳」各 NT5,000。需特別注意，回饋採上下半年分段制：1月至6月及7月至12月各享有國內外各NT2,500 的額度。記得要上網登記一次，2025年有登過的2026自動延長這個資格。 本活動精選全球超過1,400間餐廳，國內涵蓋米其林星級如「態芮」、「教父牛排」及熱門名店「屋馬燒肉」、「碳佐麻里」等，甚至包含素食名店「鈺善閣」。相較於傳統五星飯店兩人同行五折優惠，此活動直接折抵刷卡金，不限用餐人數，使用上更具彈性。回饋金撥付快速，通常刷卡入帳後約三個工作天內，就有刷卡金入帳，可直接折抵當期帳單金額，超佛心！此卡對於年收穩定、喜愛美食的吃貨友而言，這項禮遇可有效抵銷部分年費負擔，是提升生活品質的「夢幻逸品」級回饋。完整解析可收聽本集節目分享。 ➤來寶可孟YouTube頻道上收聽節目：https://pokem.me/PokemYTPodcast ➤每月45元支持寶可孟創作更多優質影片｜https://pokem.me/JoinPokemYT -- ➤完整活動規則解析：https://bit.ly/3IX6Odk ➤立即入手一張美國運通簽帳白金卡：https://lihi1.com/zmbUA 加入會員，支持節目： https://pokemcard.firstory.io/join 留言告訴我你對這一集的想法： https://open.firstory.me/user/ckdpsqfmxifcf0862q6efk1qa/comments Powered by Firstory Hosting

Zach Rynes aka ChainlinkGod sat down with me at Chainlink SmartCon to discuss the latest with Chainlink and the crypto market.Brought to you by ✅ VeChain is a versatile enterprise-grade L1 smart contract platform https://www.vechain.org/ 

בין כסף לביטקוין – האם המהלך האגרסיבי הבא כבר כאן?בפרק היום אנחנו צוללים לעומק המגמות הכי חמות בשווקים, עם דגש על הסחורות והמטבעות הדיגיטליים שמשגעים את הסוחרים.מה מחכה לכם בפרק?• טירוף האופציות בכסף: ניתוח פוזיציה יוצאת דופן שהניבה תשואה של 959% – איך זה קרה ומה אפשר ללמוד מזה על התנהגות המתכת הלבנה?• מפת ה-ETF העולמית: סקירה של שוק הסחורות והמתכות מתחילת השנה. מי מובילה את המגמה ומי נשארת מאחור?• הזירה הקריפטוגרפית: ניתוח טכני של קרן הסל BITO ומבט לעומק על המהלך האגרסיבי שממשיך להתבשל בביטקוין. האם אנחנו לקראת פריצה משמעותית?• מינוף ונפחים: למה אנחנו רואים עלייה חריגה בנפחי המסחר בקרנות הסל הממונפות בחודשים האחרונים, ומה זה אומר על רמת הסיכון בשוק?• הקשר הסיני: "לאן הולך הכסף?" – בוחנים את המעורבות המאסיבית של הממשל הסיני והשפעתה על תזרים המזומנים הגלובלי.פרק חובה לכל מי שרוצה להבין את הזרמים התת-קרקעיים של הכלכלה העולמית.

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htrz5 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— 由一口都不想浪費的【味味一品】贊助播出！冷冷的天，來碗熱騰騰的泡麵，讓專屬於自己的小片刻，充滿溫暖與放鬆。味味一品，讓每一碗都成為你放鬆的理由。全台各大通路熱賣中！ https://fstry.pse.is/8j2ctv —— 以上為 Firstory Podcast 廣告 —— 不焦慮媽媽的育兒週報、第31彈！ 彙集近期肉圓媽跟奶舅所看到的研究和報導，讓我們的育兒生活能與時俱進。 本期話題：AI 科技終局預言？馬斯克預測全球將進入「高收入時代」，家長使命轉向引領孩子適應豐足世界。矽谷育兒共識轉向：未來核心競爭力由「提問力」轉為「決策力」，培養風險評估與承擔勇氣刻不容緩。2025 全球情緒健康報告：人類情感體驗豐富度創新高，女性雖負面情緒較多但生活熱忱顯著領先。Nature 子刊心理學研究：破解孤獨感關鍵在於「個人能動性」，過度控制社交恐加劇孩子內心孤立。 同場加映： 還在焦慮被 AI 搶飯碗？Elon Musk 預言：「工作將成為選項」，揭秘那個讓貧窮徹底消失的「全民高收入」時代！ https://growingbar.co/elon-musk-prediction/ 沉迷刷手機的原因、居然是「孤獨感」作祟！「社交媒體」對青少年的真實影響、不只是沉迷！ https://open.firstory.me/story/cmh4yfy1g018601x93bkocgp1/platforms 如何解鎖孩子的「高階專注力」：從麥肯錫的洞察到神經科學的技巧！ https://open.firstory.me/story/cmi8oyvqu000001u66wtda38f/platforms 活著就好專屬 AI 工具登場 我們把過去多年節目上傳到 Google NotebookLM， 做了一個只懂「活著就好宇宙」的客製 AI：想找「哪一集在講催產素」、「怎麼讓孩子好好睡、願意寫作業」？打一句話，它幫你翻出集數＋重點。幫你把聊天廢話自動過濾掉，只留精華重點。互動小遊戲、讓你邊玩邊複習節目裡的知識點。 只要是訂閱《不焦慮讀書會》的聽眾，都可以點擊下方連結、申請使用喔：https://forms.gle/m1pBKFMJzrV8sc7s8 FB粉絲團「肉圓成長紀錄」：https://www.facebook.com/nutritionistaishu IG：https://www.instagram.com/ruoyanma_nutrition/ YouTube：https://youtube.com/@營養師肉圓媽 加入會員，支持節目： https://goodenoughparent.firstory.io/join 留言告訴我你對這一集的想法： https://open.firstory.me/user/ckjs5n209kt9f0b38rm4m057k/comments 活著就好-不焦慮讀書會》訂閱獨家內容，每周三上午7：00更新 現已開通Apple Podcast訂閱服務，可直接在Apple Podcast平台加入讀書會 Spotify或其他平台請點擊連結：https://open.firstory.me/join/goodenoughparent/tier/01937695-d8c5-2bcb-19b2-0b9ed9527ccd 佛系經營，有疑問或想發起什麼話題請來信至：6744952@gmail.com Powered by Firstory Hosting

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htsrs 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— 由一口都不想浪費的【味味一品】贊助播出！忙碌一天後，來碗熱騰騰的泡麵，湯暖胃，麵入味，瞬間忘卻加班的疲勞，療癒你的是那熟悉的溫暖感。味味一品，讓你每一次的疲憊都能得到舒緩。全台各大通路熱賣中！ https://fstry.pse.is/8j2brd —— 以上為 Firstory Podcast 廣告 —— 2025 年的最後一集，我們來聊聊這一年，建築人到底都在忙什麼。 本集邀請《建築大旅社》Tomo，一起回顧 2025 年的創作與旅行，也誠實討論建築人如何在考試、工作、創作與生活之間找平衡。 從建築師考試的備考焦慮，到 Podcast 創作與自媒體經營的流量實驗；再一路聊到日本建築展覽、大阪萬國博覽會現場觀察，以及今年有哪些值得一看新落成的建築。 我們聊硬內容，也聊迷惘；聊展覽與空間，也聊建築電影。 這是一集不急著下結論的年度回顧，留給所有還在建築路上前進的人。 _ ➥ 抖內翔仔與牛一頓美味消夜 | https://p.ecpay.com.tw/FB8A2AC ➥ 口播工商洽談 | archpluspodcast@gmail.com ➧ 建築+ 官方網站 | https://archpluspodcasttw.jimdofree.com/ ➧ 建築+ 的所有社群 | https://linktr.ee/archpluspodcast Powered by Firstory Hosting

Send us a textIn this Season 6 episode of ETF Battles, Ron DeLegge ‪@etfguide‬ referees an audience requested battle between two gold ETFs, and one gold mining ETF. Who wins the battle?Program judges David Dierking at TheStreet and Athanasios Psarofagis at Bloomberg examine this ETF battle between IAU (iShares), GLD (State Street), and GDX (VanEck). Each ETF is judged against the other in key categories like cost, exposure strategy, performance, yield and a mystery category. Find out who wins the battle!#ETF #gold #goldinvestment #stockmarket*********ETF Battles is sponsored by Direxion Direxion Daily Leveraged & Inverse ETFs. Know the risks. Proceed Boldly. Visit http://www.Direxion.com *********

「將來銀行」美股&美國ETF服務全新上線！活動詳情： https://fstry.pse.is/8htrrt 即日起至2025年底，打開將來銀行APP，單筆買美股ETF享前三筆買進0手續費；定期定額享0.1% 超低手續費優惠！投資並非全無風險，投資人開戶、交易前應了解自身財務狀況及風險承受度，並詳閱投資相關說明文件。 ——以上廣告由 Firstory 與【月城南廣告】共同執行—— 由一口都不想浪費的【味味一品】贊助播出！忙碌一天後，來碗熱騰騰的泡麵，湯暖胃，麵入味，瞬間忘卻加班的疲勞，療癒你的是那熟悉的溫暖感。味味一品，讓你每一次的疲憊都能得到舒緩。全台各大通路熱賣中！ https://fstry.pse.is/8j2bb3 —— 以上為 Firstory Podcast 廣告 —— 【98有聲書房】開張，訂閱收藏News98精選有聲書：https://apple.co/44KcuRo 主持人：阮慕驊 來賓：資深證券分析師 杜金龍 主題：台積電不敢追? ! 杜老師教你擇機選股 節目時間：週一至週五 5:00pm-7:00pm 本集播出日期：2025.12.26

– What do our playlists say about us? – What’s the difference between investing and trading? – “Buy [X] and go fishing”… an ETF, or Berkshire? – What’s the best way to own Bitcoin?See omnystudio.com/listener for privacy information.

This week we end 2025 with a Pediheart tradition - an episode on personal finance for medical professionals with noted authority on index investing and personal finance, Mr. Paul Merriman. Paul is a retired investment advisor who now has a popular podcast "Sound Investing" and website in which he offers advice on investing for 'do it yourself' investors. In this week's episode, the 5th of his visits to Pediheart, Mr. Merriman discusses 'factor investing' via index-like ETF's and funds. He also reviews who he believes might benefit from a financial advisor, what sort of advisor most should seek out and why he believes that many do not need one if they can 'stay the course'. Resources mentioned in today's podcast are below. Wishing all a happy and healthy new year in 2026. Paul's website:https://www.paulmerriman.com/#gsc.tab=0'Best In Class' ETF's:https://www.paulmerriman.com/Best-in-Class-ETF-Recommendations2025#gsc.tab=0Sound Investing 'Quilt Charts':https://irp.cdn-website.com/6b78c197/files/uploaded/(K)_Quilt_Charts_(1928-2024)_-_2024_Returns_(1).pdfDFA 'Turn Out The Noise':https://www.dimensional.com/filmAs a reminder, all of the information provided in this week's episode should be considered entertainment and all financial decisions should be vetted with professionals or knowledgeable and trusted friends/family. 

This week, we're looking back at three discussions we held earlier this year on Investing Insights about exchange-traded funds that income investors might find attractive. Morningstar ETF specialists, Bryan Armour and Dan Sotiroff, talked about dividend, bond, and covered-call ETFs in 2025.Subscribe to Morningstar's ETFInvestor Newsletter.On this episode:00:00:00 Welcome00:01:33 Dividend investing can result in exposure to factors like value, quality, and low volatility. Can you briefly explain one, what is factor investing, and then where do dividend ETFs typically land?00:03:21 How do you find a dividend ETF that provides the optimal, or just rightamount, of factor exposure? And what should appear on our checklist? 00:04:40 Four dividend ETFs hold Morningstar's Medalist Rating of Gold. Let's start with the two dividend growth ETFs from Vanguard that hold these marks.00:05:17 Explain why Vanguard's top dividend income strategy also impressed Morningstar analysts.00:06:07 The final and fourth Gold-rated dividend ETF mixes both income and growth strategies. Talk about the one from Schwab.Bond ETFs are having a banner year. Why are investors turning to these investments?00:09:01 What makes a core bond ETF a solid portfolio building block?00:10:02What's the top idea that's received high marks from Morningstar?00:11:39We're shifting from the least risky to the next level up, core-plus. What do these bond ETFs typically offer that an index-tracking ETF does not?00:11:21 Can you tell us one intermediate core-plus bond ETF that's earned a Gold rating from Morningstar?00:11:56 Multisector bond ETFs take on a bit more risk than the previous two categories, and that comes with an expectation of more income. Should income investors skip the others and start here?00:13:11It'stime for the third top idea. What multisector bond ETF should folks consider?00:13:36 High-yield bond ETFs are the riskiest among the categories we're discussing today. What additional risks are investors taking on for the juicy yields?00:14:42 Morningstar does not currently rate any actively managed high-yield bond ETFs. Is there one that income investors should watch?00:16:41What's making covered-call ETFs so popular in 2025?00:17:09 Their yields lookvery high. What is driving them?00:18:31 What types of trade-offs are investors making?00:19:51 Which covered-call ETFs do Morningstar analysts consider a solid choice for investors, and why?  Watch more from Morningstar:Where to Invest in 2026 After This Year's Market Volatility LINKWhy Betting Against Nvidia in the AI Arms Race Could Be a MistakeHere's What Your Retirement Spending Rate Should Be in 2026 Follow Morningstar on social:Facebook https://www.facebook.com/MorningstarInc/X https://x.com/MorningstarIncInstagram https://www.instagram.com/morningstarinc/?hl=enLinkedIn https://www.linkedin.com/company/morningstar/posts/?feedView=all  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.