Podcasts about individual investors

In this week's episode, Ather Bajwa, Managing Director of Multi-Strategy Research, joins us to deliver a masterclass in private credit – what it is, why it's important, and what to consider before investing. We also unpack new surveys and reports across a variety of topics including unemployment, inflation, and volatility. As usual, we look at where the markets are in light of the global and national news of the day, such as increasing conflict in the Middle East and the upcoming Federal Open Market Committee (FOMC) meeting. Speakers:Brian Pietrangelo, Managing Director of Investment StrategyStephen Hoedt, Head of EquitiesAther Bajwa, Managing Director of Multi-Strategy Research 00:23 – The PGA U.S. Open tries to provide a bright spot during a week of somber news from around the globe, including the passing of Beach Boys' keyboardist Brian Wilson.01:50 – Initial weekly unemployment claims remain stable from the previous week.02:18 – The Consumer Price Index shows mixed stories amid persistent inflation; the Federal Reserve's target of 2% stays elusive.03:23 – The Fed is unlikely to cut interest rates at next week's FOMC meeting.05:06 – Escalating tensions in the Middle East have a negligible downside effect on a stock marketing experiencing all-time highs.07:33 – A University of Michigan survey of consumers and an American Association of Individual Investors survey indicate an overall improving attitude toward the economy, despite an uptick in the CBOE Volatility Index (VIX).10:59 – An introductory overview of the trending private credit market.15:02 – Why private credit is becoming increasingly popular, and what changes we're seeing in the quality of participants.17:35 – The advantages and considerations of private credit, and what to consider before making this investment.  Additional ResourcesKey Questions: What Tax Proposals Are in the 'One Big Beautiful Bill Act' That All Taxpayers Should Be Aware Of? Key Questions | Key Private Bank Subscribe to our Key Wealth Insights newsletterWeekly Investment Brief Follow us on LinkedIn

Charles Rotblut, vice president for the American Association of Individual Investors — the keeper of the group's sentiment and asset-allocation surveys — discusses how investors are becoming increasingly neutral in their sentiment but increasingly aggressive in their investment plans. Neutral sentiment — the expectation that the market will remain flat over the next six months — has been on the rise, as Americans feel better about the market without necessarily being optimistic; meanwhile, their asset allocations are taking on more stocks. Mostly, however, Rotblut notes that most investors should keep their emotions in check and let the headlines play out, mostly riding out the storm with a long-term investment plan in place. Veteran investment adviser Stephen Akin, founder of Akin Investments, mixes technical analysis with fundamental stock details in the Money Life Market Call, and Chuck answers a listener's question about retirement-savings basics, which tax-advantaged accounts to use and  how to prioritize your savings.

On this week's episode, we're pleased to welcome back returning guest, Jason Zweig. Jason writes the “Intelligent Investor” column in The Wall Street Journal and has published a number of popular and critically acclaimed books on investing and finance, including Your Money and Your Brain and The Devil's Financial Dictionary. In his most recent project, Jason published an update of Ben Graham's classic book, The Intelligent Investor. And we've devoted a portion of today's episode to delving into Graham and the Intelligent Investor with Jason. Please note that we recorded this interview on April 8, 2025.BackgroundBioYour Money and Your Brain: How the New Science of Neuroeconomics Can Help Make Your RichThe Devil's Financial DictionaryTariffs and TIPS“Trump Just Shredded the Economic Playbook. Here Are Your Next Investing Moves,” by Jason Zweig, wsj.com, April 4, 2025.“The Mistake You're Making in Today's Stock Market—Without Even Knowing It,” by Jason Zweig, wsj.com, April 25, 2025.“Four Questions You Should Ask to Combat the Market Chaos,” by Jason Zweig, wsj.com, April 10, 2025.“Inflation Isn't Going Away? Some Tips on How to Buy TIPS,” by Jason Zweig, wsj.com, Feb. 14, 2025.The Intelligent InvestorThe Intelligent Investor: The Definitive Book on Value Investing, by Benjamin GrahamThe Intelligent Investor Third Edition: The Definition on Value Investing, by Benjamin Graham and updated with new commentary by Jason Zweig.Jonathan Clements“The WSJ's Jonathan Clements Wants to Leave a Living Legacy,” by Jason Zweig, wsj.com, May 8, 2025.“Jonathan Clements: ‘Humility Is a Hallmark of People Who Are Financially Successful,'” The Long View podcast, Morningstar.com, Dec. 26, 2023.“Jonathan Clements: ‘Life Is Full of Small Pleasures,'” The Long View podcast, Morningstar.com, Oct. 15, 2024.Private Markets“Private Markets Seem Out of Reach for Individual Investors. BlackRock Thinks It Has an Answer,” by Jason Zweig, wsj.com, Sept. 12, 2024.“You're Invited to Wall Street's Private Party. Say You're Busy,” by Jason Zweig, wsj.com, Dec. 20, 2024.“Don't Buy Into This Easy Fix for Stock-Market Craziness,” by Jason Zweig, wsj.com, April 18, 2025.Other“SEC, States Investigate Firm Holding Couple's $763,094 Retirement Fund,” by Jason Zweig, wsj.com, Dec. 4, 2024.“David Swensen's Coda,” Yale News, news.yale.edu, Oct. 22, 2021.

Message us!Welcome to the newly rebranded Whitley Penn Talks! When listeners tune into Whitley Penn Talks, they will gain valuable insights from industry experts, stay informed on the latest trends in accounting and business strategy, and receive actionable advice to help them make confident, informed decisions for their businesses.In this episode, we dive into the latest stock market updates and analyze recent trends that are shaping the financial landscape as we are four months into our new government administration. Our guests, WP Wealth, partners Bill Weston and Shane Miller will provide actionable insights and strategies to help you navigate these turbulent times and make informed decisions as investors and business leaders.Topics Discussed: -  Latest Stock Market Updates and Investor Response Trends -  Impact of Recent Tariff Changes and Their Implications on Global Trade -  Actionable Insights and Strategies for Businesses Facing Supply Chain Issues and Individual Investors at All Stages of LifeFill out this form to have new episodes sent right to your inbox! Follow Whitley Penn on LinkedIn, Instagram, Facebook, and X for more industry insights and thought leadership!

This week, something seismic happened in private markets. Jeff Bezos, Michael Dell, and Coatue's Philippe Laffont announced a $1B tech fund that's now accessible to individual investors — with minimums starting at just $50K. Let that sink in. The floodgates are opening. What used to require millions and insider access is now coming to retail. First Hamilton Lane launched the first truly retail private fund exclusively on Repubic with a $500 minimum and now Coatue offering access to its own unique offering at $50k (funds like these typically have minimums in the millions). In this episode, Scott is joined by KingsCrowd's Head of Product, Brian Belley, to unpack the real impact of this new "public-private" trend — and how everyday investors (and fintech bros) can take advantage of this radically evolving market. What they discussed: - Why this marks the official arrival of the retail private equity era - The pros, cons, and potential traps for new investors - How to build a modern portfolio without getting wrecked by fees, hype, or fine print - Why the next generation of private investing will blur the lines between public and private assets Support the show (and your wallet) by creating a free account at Kingscrowd.com. Follow Brian @ Linkedin.com/in/brianbelley Follow Scott on IG/Twitter @Kitun

In a stunning revelation, Treasury Secretary Scott Bessette cites a Vanguard stat showing that 97% of individual investors held their positions during a recent market downturn, resisting what some allege was a coordinated sell-off by institutional investors aimed at undermining Donald Trump. This episode explores the growing divide between Main Street and Wall Street, the political implications, and the resilience of everyday Americans who still place their trust in Trump's economic vision.

This Flashback Friday is from episode 301, published last February 21, 2013. Jason Hartman interviews Bud Conrad, Chief Economist of Casey Research, regarding the geopolitical focal points in our world, funneling these down to how it all affects the United States. Bud mentions the importance of looking at the big picture of what is happening in the world, particularly China becoming the new “mover” in the world, Japan's apparent desire to destroy its currency, new technology, government overreach, who benefits from inflationary measures and monetary policy, and much more. Author of the new book Profiting from the World's Economic Crisis, Bud Conrad holds a Bachelor of Engineering degree from Yale and an MBA from Harvard. He has held positions with IBM, CDC, Amdahl, and Tandem. Currently, he serves as a local board member of the National Association of Business Economics and teaches graduate courses in investing at Golden Gate University. Bud, a futures investor for 25 years and a full-time investor for a decade, is also a regular lecturer for American Association of Individual Investors and a frequent contributor on Fox Business News. In addition,  he produces original analysis for Casey Research, including unique charts and research on the economy and investment markets.   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com  

Lawrence McMillan, president of McMillan Analysis, says the market has been in an oversold rally and is currently correcting as it comes out of that. He sees deteriorating breadth but still thinks this could be what he called "a healthy correction." McMillan says if the Standard & Poor's 500 can't hold the 5400 level, he would expect it to drop to 5000, a move big enough to put the stock market into bear market territory, a decline of 20 percent from market peaks in February. Wade Pfau, professor of retirement income at The American College of Financial Services, returns to the show to discuss updates to "Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success,” and discusses the trend of investors trading some potential returns for more certainty, using annuities and reverse mortgages to secure income. Plus Wayne Thorp, head of research and analysis products for the American Association of Individual Investors — who created AAII's growth investing strategy — talks growth investing amid declining growth in the Money Life Market Call.

Op lange termijn worden koersen bepaald door de winsten van de bedrijven waarin u belegt. Soms lopen koersen een beetje achter op de winstontwikkeling, vooral wanneer beleggers somber zijn, of als de rente hoog is. Op andere momenten lopen de koersen vooruit op de winsten. Zoals ten tijde van corona, toen beleggers dachten dat door alle monetair en fiscale steun de economie en de winsten wel zouden herstellen. Dat hadden ze goed gezien. Het doet me denken aan beursgoeroe Josef Lakonishok, die stelde dat de beurs en de economie als een hondje zijn dat wordt uitgelaten door zijn baas. Soms loopt de hond vooruit, soms loopt hij achterop, maar hij blijft in de buurt. Momenteel lopen de koersen ook weer wat vooruit. Dat komt met name door het geloof in kunstmatige intelligentie (AI). In de verwachting dat dit de efficiëntie en dus de winsten zal verhogen. Op korte termijn worden koersen vooral bepaald door vraag en aanbod. Er zijn verschillende groepen beleggers die allemaal een eigen strategie hebben en een ander denkvermogen en ervaring. De memehype uit 2021 liet zien dat de groep met particuliere beleggers groter en agressiever kan zijn dan grote hedgefondsen. Deze laatste groep beleggers zat vooral short in aandelen zoals AMC, GameStop, Bed Bath & Beyond en Koss. Door de gestegen koersen moesten de hedgefondsen met de staart tussen de benen hun verlies nemen. Vier jaar later kunnen we constateren dat de koersen van deze aandelen in de meeste gevallen zijn teruggevallen naar de fundamentele waarde. Ergo: dicht bij nul. Particuliere beleggers laten een opmerkelijke veerkracht zien. Ze zijn weliswaar somber volgens een enquête van de American Association of Individual Investors, toch kopen ze bij deze koersdip aandelen bij. Het is als Pavlovs hondje dat leerde dat het bij het luiden van een bel te eten kreeg. Zodra hij die hoorde, ging hij kwijlen. Sinds de coronacrisis weten deze beleggers dat er altijd weer herstel komt. Dus kopen ze bij iedere dip weer bij, kwijlend in afwachting van het koersherstel. Dit jaar staken ze maar liefst $67 mrd in de markt. Op korte termijn krijgen ze hulp van Amerikaanse pensioenfondsen. Die moeten, nu het kwartaaleinde nadert en aandelen het slecht hebben gedaan, aandelen bijkopen om het gewicht daarvan in hun portefeuille weer op peil te brengen. UBS berekende dat ze de komende dagen voor ongeveer $85 mrd moeten kopen. Als iedereen koopt, gaan de koersen omhoog. Op korte termijn tenminste. Bedenk dat dipkopen de afgelopen jaren wel heeft gewerkt, maar dat dat niet altijd zo zal zijn. Wie een beetje zijn beursgeschiedenis kent, weet dat er lange periodes met dalende koersen kunnen zijn. Dus wees geen kwijlende hond en blijf baas over je eigen beleggingsstrategie. Over de column van Corné van Zeijl Corné van Zeijl is analist en strateeg bij Cardano en belegt ook privé. Reageer via c.zeijl@cardano.com. Deze column kun je ook iedere donderdag lezen in het FD.See omnystudio.com/listener for privacy information.

Stocks rallied last week following dovish comments and forecasts from the Federal Reserve, but Chair Powell said inflation may be 'transitory', which brought back nasty flashbacks from 2021. Investors are as bearish as ever, but retail investors have been buying the dip on our favorite stocks that are way off their recent highs. Is our timing terrible, or have we decided that the market has bottomed and the tariffs that go into effect next week will just be a minor adjustment? Plus, what the SKEW Index is telling us, and what to expect in the stock market and the economy this week. LINKS FOR SHOW NOTES: https://www.investopedia.com/what-to-expect-in-the-markets-this-week-11700527 https://www.investopedia.com/terms/s/skew-index.asp https://www.cboe.com/us/indices/dashboard/skew/ https://www.carsongroup.com/insights/blog/four-reasons-not-to-panic-and-sell-right-now/ https://www.investopedia.com/dot-plot-spotlight-fed-sees-interest-rate-cuts-coming-11699946 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stocks rallied last week following dovish comments and forecasts from the Federal Reserve, but Chair Powell said inflation may be 'transitory', which brought back nasty flashbacks from 2021. Investors are as bearish as ever, but retail investors have been buying the dip on our favorite stocks that are way off their recent highs. Is our timing terrible, or have we decided that the market has bottomed and the tariffs that go into effect next week will just be a minor adjustment? Plus, what the SKEW Index is telling us, and what to expect in the stock market and the economy this week. LINKS FOR SHOW NOTES: https://www.investopedia.com/what-to-expect-in-the-markets-this-week-11700527 https://www.investopedia.com/terms/s/skew-index.asp https://www.cboe.com/us/indices/dashboard/skew/ https://www.carsongroup.com/insights/blog/four-reasons-not-to-panic-and-sell-right-now/ https://www.investopedia.com/dot-plot-spotlight-fed-sees-interest-rate-cuts-coming-11699946 Learn more about your ad choices. Visit podcastchoices.com/adchoices

ஏற்றப் போக்கில் சந்தைIndividual Investorsஎன்ன பண்ணனும், Swing & Day Trade பண்றவங்க இத கவனிங்க, Share Market முதலீடு அதிகரிப்பு வங்கிகளுக்கு பாதிப்பா, கடன் வாங்கி Share Market-ல முதலீடு செய்யலாமா போன்ற பல விஷயங்களை வ.நாகப்பன் இந்த வீடியோவில் பேசியிருக்கிறார்.

Doug Ramsey, chief investment officer at The Leuthold Group, says that stock market swings have had increasing impact on economic growth and the rate of inflation in recent years — "Price is a fundamental," he says — and that means the current downturn in the stock market could deliver a recession. At the same time, if the market moves from current correction-levels to bear-market levels, he expects inflation to then ease up and to help drive a potential recovery. Charles Rotblut, editor at AAII Journal, discusses the latest investor sentiment survey from the American Association of Individual Investors, which just hit its third straight week with bearish sentiment above 57 percent and bullish sentiment below 20 percent, a three-week stretch in both numbers that has never been seen since the survey started in 1987. While sentiment levels didn't hit these levels during events like the Dot-com Crash and the Great Financial Crisis, Rotblut noted that when sentiment reaches bearish extremes, the market typically has rebounded in six months, which bodes well for a recovery before year's end. In the NAVigator segment, Roxanna Islam, head of sector and industry research at VettaFi, discusses the Invesco Closed-End Fund Income Composite ETF — which she considers the "Standard & Poor's 500 for closed-end funds" — as it celebrates its 15th anniversary and crosses $800 million in assets.

The percentage of individual investors who expect stock prices to fall over the next six months reached the highest level since November 2023, according to the latest survey from the American Association of Individual Investors. Wall Street Journal reporter Hannah Erin Lang joins host Ariana Aspuru to discuss what this uncertainty in the stock market could mean for your investments.  Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam Bloch, Portfolio Manager on our Total Return team, joins Macro Markets to discuss separately managed accounts (SMAs), a structure that offers many benefits to individual investors. Bloch also shares his views on growth, inflation, and relative value in the market.Related Insights:1Q 2025 High Yield and Bank Loan OutlookReframing tight spreads in leveraged credit. Read High Yield and Bank Loan OutlookMacro Markets Podcast Episode 63: Post-Inauguration/Post-FOMC Analysis—Into the Known UnknownMatt Bush and Evan Serdensky discuss evolving economic and investing conditions, as well as recent A.I.-related volatility. Listen to Macro Markets Podcast1Q 2025 Fixed-Income Sector Views Entering 2025, bond yields remain attractive amid a resilient U.S. economy and uncertainty over policy shifts from the incoming administration. Read Fixed-Income Sector ViewsInvesting involves risk, including the possible loss of principal.SMA strategies discussed herein are available exclusively through third party financial professionals and are not offered directly to the public through Guggenheim Investments. SMA target characteristics and allocations are for illustrative purposes only. Individual account holdings and characteristics will vary depending on the size of an account, cash flows and account restrictions. Individual accounts within the same strategy may have portfolio characteristics and performance that differ from one another. This material is not intended as a recommendation or as investment advice of any kind, including in connection with rollovers, transfers, and distributions. Such material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment decisions, and does not constitute a solicitation of an offer to buy or sell securities. All content has been provided for informational or educational purposes only and is not intended to be and should not be construed as legal or tax advice and/or a legal opinion. Always consult a financial, tax and/or legal professional regarding your specific situation.This material contains opinions of the author or speaker, but not necessarily those of Guggenheim Partners, LLC or its subsidiaries. The opinions contained herein are subject to change without notice. Forward-looking statements, estimates, and certain information contained herein are based upon proprietary and non-proprietary research and other sources. Information contained herein has been obtained from sources believed to be reliable, but are not assured as to accuracy. Past performance is not indicative of future results. There is neither representation nor warranty as to the current accuracy of, nor liability for, decisions based on such information.Investment Risks. The strategies described herein may not be suitable for all investors. All investments have inherent risks. There is no guarantee the manager will be able to implement investment strategies successfully or achieve investment objectives. • The market value of fixed income securities will change in response to interest rate changes and market conditions among other things. In general, bond prices rise when interest rates fall and vice versa. • High yield securities present more liquidity and credit risk than investment grade bonds and may be

What if your emotions are driving your investment choices more than actual market changes? In our latest episode, we sit down with Charles Rotblutt, Vice President of the American Association of Individual Investors, to uncover the complex dynamics of market sentiment and its surprising influence on investment decisions. With a focus on the rapid information flow in today's markets, we examine the emotional rollercoaster investors often experience, even when their portfolios remain steady. Charles offers his unique insights into how maintaining a long-term investment strategy can help navigate these emotional waves and reveals why undervalued sectors, such as small-cap stocks and international markets, could be poised for a comeback.We tackle pressing concerns dominating investors' minds, from inflation and national debt to interest rates and current market valuations. The conversation spans the shifting behaviors in investing—from traditional strategies to the gamification and speculative trends seen today. Despite these changes, there's hope in diversification, allowing investors to discover hidden gems within market volatility. By discussing valuation disparities between small-cap and large-cap stocks, as well as between international and U.S. markets, we emphasize the critical importance of balanced portfolios. Whether you're a seasoned trader or just starting, this episode is packed with valuable insights and strategies to help you navigate the complex financial landscape.The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.Today's sponsor is Ringtree, the smart choice for small business phone systems. Stop using your personal cell for business! Ringtree gives you a virtual business phone number that easily forwards right to your cell. It also has 800 numbers, voicemail transcription, a virtual receptionist, and lots of other great features - all with zero hardware and instant setup.Visit ringtree.io and use code LEADLAG to save Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Support the show

Bill Adams, chief economist for Comerica Bank, says his forecast for 2025 now includes fewer rate cuts, slightly higher inflation, and increased fiscal support for the economy, but those conditions are signs of an an economy "that's humming along, continuing to grow, it's not a recession," and he says the risk of a recession in the next year or two is now "back to its historical normal." Charles Rotblut, editor at AAII Journal — the keeper of the American Association of Individual Investors' sentiment survey — discusses how bullish sentiment was on the rise and bearish sentiment on the decline in the immediate aftermath of the election, and that the impact could last for more than the few big-volume trading days the market posted last week. David Trainer, founder and president at New Constructs, revisits Peloton, one of the first "zombie stocks" the company started labeling back in 2022, discussing why the company's recent run — up about 150 percent in the last three months — is not going to save it from the ultimate financial death its numbers say it must suffer. Plus, Alison Hadley discusses a survey on the impact of social media on fashion purchases, which found that social media — and specifically "outfit of the day" posts — inspired the average American to make roughly $250 in purchases over the last six months.

Andrew Kim, a seasoned expert in real estate investment, pulls back the curtain on contrasting climates of real estate investing in Canada and the U.S. and why Andrew chooses to invest in the more landlord-friendly U.S. market, due to the challenges Canadian landlords face from tenant-friendly laws.Get an insider's look at SHARE, the game-changing real estate tech company that's democratizing property investment and providing top-tier services that empower investors, transforming how everyday people build wealth through real estate.In this eye-opening episode, discover:• Why U.S. markets are becoming the go-to choice for savvy Canadian investors• How SHARE's innovative platform is leveling the playing field for individual investors• Strategic approaches to building a diverse, cross-border property portfolio• Smart ways to align your real estate investments with your wealth-building goalsJoin us for this discerning episode of exploring strategies for diversifying and expanding your real estate investments beyond local borders or familiar territories, and tailoring your investment strategies to your personal financial goals.Connect further with Andrew Kim at https://sharesfr.com or LinkedIn https://www.linkedin.com/in/andrewkim83/.Unlock elite low risk investment opportunities tailored to your priorities. Let our expert team maximize your returns while you focus on what matters most. Join our family of successful investors and create a lasting legacy of financial wealth and community impact together. Start or elevate your portfolio today. Email bill@firstliencapital.com or go to https://www.firstliencapital.com.Stay connected with Bill Bymel and First Lien Capital:Linktree: https://linktr.ee/billbymelTo learn more, visit:https://billbymel.com/Listen to more episodes on Mission Matters:https://missionmatters.com/author/bill-bymel/

The latest American Association of Individual Investors survey shows that Bullish consensus has fallen from last week's level at 45.5% to this week reading of 37.7%.

Why we need distinct risk buckets: balancing our natural loss aversion with the allure of opportunities that offer the potential for massive upside.Topics covered include:What is modern portfolio theory, and what are some of its flawsWhy so many people have gotten wealthy by being undiversifiedHow to balance personal risk, market risk, and aspirational riskHow prospect theory explains our attraction to positively skewed opportunitiesWhy most people won't get wealthy unless they take some aspirational riskSponsorsNetSuite Delete Me – Use code David20 to get 20% offInsiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletterOur Premium ProductsAsset CampMoney for the Rest of Us PlusShow NotesPortfolio Selection by Harry Markowitz—The Journal of Finance, Vol. 7, No. 1. (Mar., 1952), pp. 77-91Safety First and the Holding of Assets by A. D. Roy—Econometrica, Vol. 20, No. 3 (Jul., 1952), pp. 431-449The Misbehavior of Markets: A Fractal View of Financial Turbulence by Benoit Mandelbrot and Richard L. Hudson—Hachette Book GroupBeyond Markowitz: A Comprehensive Wealth Allocation Framework for Individual Investors by Ashvin B. Chhabra—The Journal of Wealth Managment, Vol. 7, No. 4, pp 8-34, Spring 2005The Wealth of Households: 2021: Current Population Reports by Briana Sullivan, Donald Hays, and Neil Bennett—Census.govAverage, Median, Top 1%, and all United States Net Worth Percentiles—DQYDJPROSPECT THEORY AND STOCK MARKET ANOMALIES by Nicholas C. Barberis, Lawrence J. Jin, and Baolian Wang—NBER WORKING PAPER SERIESRelated Episodes82: Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity460: Should You Be Invested 100% in Stocks Before and During Retirement? A Recent Study Says Yes. 421: Beware of Survivorship Bias When InvestingInvesting Rule One: Avoid Ruin229: Stop Maximizing Your Returns Using Modern Portfolio TheorySee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Angel investors are supposed to descend and bring early grace to startups but the reality of angel investing is much more complicated and complex. From individual big-check writers to small investors to organized groups, the will, experience, and dynamics vary widely.  Katie Russel (Central Texas Angel Network), Hall Martin (Ten Capital), and James Burkett (NuFund) join us to explore angel investing evolution and the state of Austin's scene. Episode HighlightsDefining an AngelAngel Investing Intersections with the EcosystemDynamics of Individual Investors, Small Syndicates, and Angel NetworksWhere is Expertise in Verticals, Investing, and StartupsContrarian vs Consensus Decision Making in Angel InvestingSAFE vs Convertible Note Debate Austin's Angel Scene, its Evolution, and ChallengesWhat's Next, Austin?Katie Russel: "Making sure that Texas based startups have access to angel level capital and that investors, if they want to get involved in early stage investing, they know how to get involved and where to go"Hall Martin: "Life science and deep tech...Austin's right there with the Bits and Atoms"James Burkett: "Continue to do what defines Austin as a city. It's been really good at blazing its own trail in a number of unique industries and just because it's not something that someone in Sand Hill Road wants to fund doesn't mean it's the wrong thing to be building. And have conviction in that."Katie Russel: LinkedIn, Central Texas Angel Network (CTAN)Hall Martin: Ten Capital Group, Startup Funding Espresso, Investor Connect James Burkett: LinkedIn, NuFund, Florin Digital -------------------Austin Next Links: Website, X/Twitter, YouTube, LinkedIn

You've undoubtedly met people who have made a lot of money in the stock market and dreamed you could become one, too. If that's you, I've got great news. You can learn to be a successful stock investor, make some money and maybe some friends while you're at it. How? By joining an investment club. Today we welcome Ionnie McNeill, a member of the nonprofit National Association of Investors to give us the lowdown. You can download the episode wherever you get your podcasts: Listen on Apple Podcasts Listen on YouTube Music (formerly Google Podcasts) Listen on Spotify Don't forget to check out our podcast page for more episodes designed to help you make the most of your money. What is an investment club? Our guest, Ionnie, talks about joining an investment club and how it's helped her and others become better investors. Even though it's relatively easy to start investing no matter how much money you have, sometimes it helps to learn from others. Plus, investment clubs can also provide support. For an index investor like Miranda, joining a club might not make sense. However, if you want to learn how to evaluate stocks and understand the metrics to use when picking stocks for your portfolio, an investment club can help. Ionnie takes us through the mechanics of her club and how it works to help new investors learn. Additionally, being part of an investment club can motivate you, even as a seasoned investor, to implement principles that will benefit your portfolio over time. We also talk about other types of investment clubs beyond stocks, like those that focus on real estate investing and other assets, that you can join based on your interests. How to avoid investment club scams Unfortunately, whenever you have a good thing, someone almost always wants to scam off it. That's the case with investment clubs as well. There are plenty of financial scams masquerading as investment clubs. Ionnie helps us understand some of the scam red flags to watch out for: A stranger approaches you online, through social media or texting app. There's no real vetting process. A legitimate investment club usually has requirements to join and a process that allows you to see if you fit. There's a focus on day trading or getting rich quick. The asset selection process isn't transparent and you're told there's minimal participation. Ionnie suggests joining the American Association of Individual Investors, which can help you find model portfolios and principles, and also checking out BetterInvesting.org, which can help you find (or even start) an investment club. Meet this week's guest, Ionnie McNeill[caption id="attachment_492295" align="alignnone" width="837"] Courtesy of Ionnie McNeill / Money Talks News[/caption] Ionnie McNeill is a longtime BetterInvesting member and volunteer, originally joining as a youth member. Currently, she is serving as a BI National Board Member and the President of the BetterInvesting South Florida Chapter. In the summer of 2020, Ionnie and 26 other people started the South Florida Model Investment Club, which welcomes visitors to come and observe how an investment club is run on BetterInvesting Principles. "The Baby Billionaire's Guide to Investing" is her children's book explaining the importance of investing early and the power of compound interest. She is originally from Miami, FL and is a proud graduate of Howard University. Don't listen to podcasts? A podcast is basically a radio show you can listen to anywhere and anytime, either by downloading it to your smartphone, or by listening online. They're awesome for learning stuff and being entertained when you're in the car, doing chores, jogging or riding your bicycle. You can listen to our latest podcasts here or download them to your phone from any number of places, including Apple, Spotify, RadioPublic, Stitcher and RSS. If you haven't listened to our podcast yet, give it a try, then subscribe. You'll be glad you did! About the hosts Stacy Johnson founded Money Talks News in 1991. He's a CPA, and he has also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate. Miranda Marquit, MBA, is a financial expert, writer and speaker. She's been covering personal finance and investing topics for almost 20 years. When not writing and podcasting, she enjoys travel, reading and the outdoorsBecome a member: https://www.moneytalksnews.com/members/See omnystudio.com/listener for privacy information.

Today on the podcast, we welcome back author and financial educator, Brian Feroldi. His bestselling book is Why Does the Stock Market Go Up? He is also the founder of a financial education company called Long Term Mindset and a contributor to The Motley Fool. In addition, Feroldi has a big presence on YouTube, where his videos receive hundreds of thousands of views. He received his bachelor's degree from the University of Connecticut and his MBA from the University of Rhode Island.BackgroundBioLong Term MindsetThe Motley FoolWhy Does the Stock Market Go Up? Everything You Should Have Been Taught About Investing in School, But Weren't, by Brian FeroldiResourcesRich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!, by Robert KiyosakiNick MaggiulliWarren Buffett and the Interpretation of Financial Statements: The Search for the Company With a Durable Competitive Advantage, by Mary Buffett and David ClarkThe Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments, by Pat DorseyChecklists and ValuationInvesting Checklists“How to Analyze a Company in Less Than 5 Minutes—Key Financial Ratios,” by Brian Feroldi, LinkedIn.“How to Analyze Stocks,” by Brian Feroldi, LinkedIn.“8 Ways to Value a Company,” by Brian Feroldi, LinkedIn.“Face Value, Fair Value, Market Value, and Book Value. What's the Difference?” by Brian Feroldi, LinkedIn.“5 Essential Investing Lessons From Brian Feroldi You Can't Ignore,” by Francesco Casarella, investing.com, Aug. 23, 2023.Other“Nick Maggiulli: ‘The Biggest Lie in Personal Finance,'” The Long View podcast, Morningstar.com, April 12, 2022.“Do Global Stocks Outperform US Treasury Bills?” by Hendrik Bessembinder, Te-Feng Chen, Goeun Choi, and K.C. John Wei, paper.ssrn.com, July 5, 2019.Brian Feroldi's Tribute to Charlie Munger

Alternative asset managers seek removal of barriers to private markets for individual investors. Regulators are supportive but also wary of potential dangers.Speakers: Alexandra Aspioti, VP-Senior Analyst, Moody's RatingsHost: Danielle Reed, VP – Senior Research Writer, Moody's RatingsRelated Research:As individual investors drive growth in private markets, risks also rise

My guest today is Nico Wittenborn. Nico is the founder of Adjacent, a venture firm that looks for what he describes as the “adjacent possible” for their next investment. Nico has zoned in on the consumer subscription market as his ideal candidate, making early investments in Calm App, Photoroom, and Oura Ring. Nico does virtually all steps of the investing process on his own as he believes this allows him to be as close to finding the truth as possible. We discuss sharpening your intuition, evaluating the subscription business model, and exploring the adjacent possible. Please enjoy this conversation with Nico Wittenborn.  Listen to Founders Podcast For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Tegus, the only investment research platform built for the investor. With traditional research vendors, the diligence process is slow, fragmented, and expensive. That leaves investors competing on how well they can aggregate data — not on their unique ability to analyze insights and make great investment decisions. Tegus offers an end-to-end platform with all the data you need to get up to speed on a company or market: up-to-the-minute financials, customizable models, management and culture checks, and, of course, our vast and growing library of expert call transcripts. Tegus is changing the world of expert research. Learn more and get your free trial at tegus.com/patrick. ----- Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.  Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @patrick_oshag | @JoinColossus Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes: (00:00:00) Welcome to Invest Like the Best (00:03:30) Intuition in Investment Decisions (00:05:08) The Philosophy of Adjacency in Venture Capital (00:12:51) Exploring Consumer Subscription Models (00:18:16) Common Mistakes In Subscription Pricing (00:22:41) Errors in Product Roll-Out Strategy (00:28:50) The Sucess of BirdBuddy (00:33:45) What It Means To Be a Great Product (00:38:21) Solo Investing vs. Being Part of a Big Firm (00:43:12) Building On Your Own Experience As a Founder (00:44:49) The Rise of Individual Investors and Their Impact (00:50:52) The Strategic Advantage of Staying Small in Venture Capital (00:52:02) Deep Dive into Founder Questions and Consumer Subscription Insights (00:54:09) Leveraging AI and Technological Advances for Growth (00:59:13) Exploring Future Investments and Market Opportunities (01:05:13) Areas to Explore On The Value Curve For Consumer Subscription  (01:12:32) Advice For Those Interest In Nico's Path  (01:20:10) The Kindest Thing Anyone Has Ever Done for Nico

Avi Gilburt, founder of the Elliott Wave Trader, expects the stock market to reach new highs, but thinks the current rally will carry to those record levels by no later than the second quarter of 2024, after which he says "a bear market is going to be in our future." Additionally, he says there will be a banking crisis that is part of the bear market, notig that systemic issues with the banking system will create trouble that "will likely be worse than what we saw in 2008," when troubles in the financials sector were cornerstone to the Great Financial Crisis. Brenda Langenfeld, portfolio manager for Nuveen, says that banking environment will actually create opportunities for investors in preferred securities, noting that heightened banking regulatory oversight will be favorable for credit investors, that positive fundamentals suggest stability and growth and that valuations are at levels "that present a capital appreciation opportunity over the next year." Also on the show: Charles Rotblut discusses the latest sentiment survey from the American Association of Individual Investors, which shows levels of bullishness at their highest levels in more than two and a half years, and portfolio manager Francisco Bido of F/m Acceleration brings his quant-active investment style to the Market Call.

For nearly two decades most investors' attention was focused on the stock market.  Then suddenly central banks began raising interest rates and investors began to rethink their strategies.That's given rise to growing interest in a range of alternative investment vehicles, including CEFs, internal funds, ETFs, UITs, and commodity pools.However, until now most of these investment vehicles have only been available to institutional investors.   I'm Jane Singer and welcome back to A Seat at The Table where we sit down with industry leaders and innovators to gain valuable insights that will help us grow our businesses.Today we're joined by Kimberly Flynn, managing director and partner at XA Investments.  Having previously served as the Senior Vice President and Head of Product Development for Nuveen Investments' Global Structured Products Group, Kim's leadership and dedication played a pivotal role in developing over 40 closed-end funds and raising approximately $13 billion in capital.Kim will discussing:The democratization of alternative investments that is allowing individual investors access to institutional-caliber strategies.What she sees as the top emerging alternative asset classes.What investors need to consider in an investment environment where there's high interest rates and inflation.How alternative investments can work with an ESG strategy.Useful Links:Asianet Consultants:  https://asianetconsultants.comKimberly Flynn:  kflynn@XAInvestments.comXA Investments:   www.xainvestments.comVisit A Seat at The Table's website at https://seat.fm

We discuss ten rules of thumb for individual investors to consider when saving and investing for and in retirement.Don't use institutional hand-me-downsStay close to home baseBeware of dragon riskMind your investment seasonsCatch the popping cornWatch for market swarmsTrack the economic windsFollow the traffic lightsDiversify your basketsDon't burn your shipsSponsorsMadison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo CodeMonarch Money – Get an extended 30-day free trialInsiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter.Show NotesHow to Invest Money E-bookRelated ContentComplete Guide to Mortgage REIT Investing - Money for the Rest of UsComplete Guide to Equity REIT Investing - Money for the Rest of UsEpisode 451: How Much Should You Invest in StocksSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

With Charles Rotblut, Vice President of the American Association of Individual Investors

We sit down with Morningstar Equity Analyst Angus Hewitt to speak about Qantas, A2 Milk and other stocks in his coverage. He lets us know the best opportunity in his converage and the outlooks for the sectors.Join us in-person or digitally on 11-12 October at the Morningstar Investment Conference for Individual Investors. Click here to register today.To submit any questions or feedback, please email mark.lamonica1@morningstar.com or leave us a voicemail to feature on the podcast here. Hosted on Acast. See acast.com/privacy for more information.

In a listener requested episode, we explore whether investors can rely solely on dividends to fund their retirement.Join us in-person or digitally on 11-12 October at the Morningstar Investment Conference for Individual Investors. Click here to register today.To submit any questions or feedback, please email mark.lamonica1@morningstar.com or leave us a voicemail to feature on the podcast here.Additional resources from our episodes are available via our website.Audio Producer and mixer: William Ton. Hosted on Acast. See acast.com/privacy for more information.

There has been a lot of investor excitement around Japan. It is the tip of a decades-long story.Join us in-person or digitally on 11-12 October at the Morningstar Investment Conference for Individual Investors. Click here to register today.To submit any questions or feedback, please email mark.lamonica1@morningstar.com or leave us a voicemail to feature on the podcast here.Additional resources from our episodes are available via our website.Audio Producer and mixer: William Ton. Hosted on Acast. See acast.com/privacy for more information.

We break down each of the components of a total return to understand what you get at the end of your investment.Join us in-person or digitally on 11-12 October at the Morningstar Investment Conference for Individual Investors. Click here to register today.To submit any questions or feedback, please email mark.lamonica1@morningstar.com or leave us a voicemail to feature on the podcast here.Additional resources from our episodes are available via our website.Audio Producer and mixer: William Ton. Hosted on Acast. See acast.com/privacy for more information.

If the wealthiest families of the past century spent a reasonable amount of their wealth, invested in the stock market, and paid taxes, there would be thousands of billionaires today. But there aren't. So, what happened? To answer this question, we are joined by authors and finance professionals, Victor Haghani and James White. Their recently released book, The Missing Billionaires: A Guide to Better Financial Decisions, uses the missing billionaires puzzle to explore how and why most investors fail to capture the returns offered by the market. Victor was a founding partner of Long-Term Capital Management (LTCM), the multi-billion-dollar hedge fund that famously collapsed in 1998 and nearly took the global financial markets down with it. His participation in the downfall of LTCM led him to reassess much of the way he thought about investing, and in this episode, he shares some simple but powerful frameworks and personal finance recommendations. We also receive accessible explanations of the Merton model and expected utility theory from James, take a deep dive into dynamic asset allocation, discuss optimal solutions for lifetime spending, and learn more about the certainty equivalent return and Sharpe ratios, plus so much more. Whether you're an entrepreneur invested in your own business or simply focused on building long-term wealth, Victor and James' book (and this conversation about it) will be a valuable resource for better financial decision-making, so be sure to tune in today!   Key Points From This Episode:   (0:05:19) The puzzle of the missing billionaires (and why it matters to Victor and James).  (0:09:45) Some common but critical financial decision-making problems most people face.  (0:12:39) Unpacking the coin-flipping experiment in their ‘What's Past is Not Prologue' paper.  (0:19:57) What investors should aim to maximize when sizing positions in risky assets.  (0:24:22) An example that illustrates how the Merton model relates to bullish bets.  (0:29:04) What the Merton share tells us about dynamic asset allocation if it is or isn't possible to estimate expected equity returns.  (0:35:29) How real expected returns affect optimal risky shares for long-term investors.  (0:37:29) Different ways to forecast volatility to determine the optimal risky share.  (0:42:00) Easy-to-understand definitions of the utility curve and expected utility theory.  (0:50:20) Using the certainty equivalent return and Sharpe ratio to evaluate investments.  (0:57:56) Whether or not options belong in the portfolios of typical retail investors.   (0:59:01) If expected utility is a good model for normative personal finance recommendations. (1:05:16) How Victor's experience with LTCM affected him, both professionally and personally.  (1:09:08) What optimal solutions for lifetime investing and spending look like.   (1:22:22) Questions to ask yourself to work out your own utility function and risk aversion. (1:28:19) Victor and James' parting financial advice and respective definitions of success.  Participate in our Community Discussion about this Episode: https://community.rationalreminder.ca/t/episode-270-what-happened-to-all-the-billionaires-with-victor-haghani-and-james-white/25122 Books From Today's Episode: The Missing Billionaires – https://www.amazon.com/Missing-Billionaires/dp/1119747910 Stumbling on Happiness — https://www.amazon.com/Stumbling-Happiness-Daniel-Gilbert/dp/1400077427 The Man Who Solved the Market – https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/B07P1NNTSD Links From Today's Episode: Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Shop Merch — https://shop.rationalreminder.ca/ Join the Community — https://community.rationalreminder.ca/ Follow us on X — https://twitter.com/RationalRemind Follow us on Instagram — @rationalreminder Benjamin on X — https://twitter.com/benjaminwfelix Cameron on X — https://twitter.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Victor Haghani on LinkedIn — https://www.linkedin.com/in/victorhaghani/ James White on LinkedIn — https://www.linkedin.com/in/james-white-b4310a47/ Elm Wealth — https://elmwealth.com/ When Genius Failed — https://www.amazon.com/When-Genius-Failed/dp/0375758259/ Where are all the Billionaires?: Victor Haghani at TEDxSPS – https://youtu.be/1yJWABvUXiU ‘What's Past is Not Prologue' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3034686 ‘Lifetime Portfolio Selection under Uncertainty: The Continuous-Time Case' – https://www.jstor.org/stable/1926560 ‘Stock Prices, Earnings, and Expected Dividends' – https://www.jstor.org/stable/2328190 ‘No Place to Hide: Investing in a World With No Risk-Free Asset' – https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3903372 ‘Sharpening Sharpe Ratios' – https://papers.ssrn.com/sol3/papers.cfm?abstract_id=325942 ‘A Sharper Lens for Sizing Up Nickels and Steamrollers' – https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2874602 ‘Do Options Belong in the Portfolios of Individual Investors?' – https://elmwealth.com/do-options-belong-in-portfolios/  

Sponsor Spotlight guest: Alumni Ventures' CEO Mike Collins  Welcome to the Smart Venture Podcast's sponsor spotlight, where we take a moment to highlight the companies making our show possible. We're thrilled to feature Alumni Ventures.  Alumni Ventures, offers individual investors access to venture investing through its diversified, professional-grade venture portfolios. We're excited to share more about what they do and how they're making a difference. So sit back, relax, and let's dive into Alumni Venture's sponsor spotlight.  _________________________________________________________________  How to invest in startups as individual investors? I get this question, A LOT. So I brought one of the experts to join me to talk about this. Mike Collins is the CEO of Alumni Ventures, America's Largest Venture Capital Firm for Individual Investors. Smart Venture Podcast's sponsor, Alumni Ventures, offers individual investors access to venture investing through its diversified, professional-grade venture portfolios. The company's funds have consistently outperformed public market equivalents, with over $1.1 billion raised and invested in over eleven hundred portfolio companies. They have a dedicated team of fifty full-time venture investors and were the #1 most active venture firm in the US in 2022 and #3 globally according to Pitchbook. Investing in venture capital can help reduce overall portfolio risk and increase the likelihood of stronger returns. To learn more, visit av.vc/grace and schedule a call. Investors must be accredited. Please note that all financial investments involve risk, past performance does not guarantee future results, and it is important to conduct your own research and seek professional advice before making any investment decisions. Check out their service: av.vc/grace ===================== YouTube: @GraceGongCEO Newsletter: @SmartVenture LinkedIn: @GraceGong TikTok: @GraceGongCEO IG: @GraceGongCEO Twitter: @GraceGongGG =====================   Join the SVP fam with your host Grace Gong. In each episode, we are going to have conversations with some of the top investors, superstar founders, as well as well-known tech executives in silicon valley. We will have a coffee chat with them to learn their ways of thinking and actionable tips on how to build or invest in a successful company.

We discuss global debt and why investors should pay attentionJoin us in-person or digitally on 11-12 October at the Morningstar Investment Conference for Individual Investors. Click here to register today.To submit any questions or feedback, please email mark.lamonica1@morningstar.com or leave us a voicemail to feature on the podcast here.Additional resources from our episodes are available via our website.Audio Producer and mixer: William Ton. Hosted on Acast. See acast.com/privacy for more information.

On July 22, 2023 Chris Pedersen addressed the Orange County Chapter of the American Association of Individual Investors.  At the end of his 2 hour presentation there were many unanswered questions. Our last ⁠podcast⁠ and ⁠video ⁠addressed 16 of those questions.  In this podcast Paul responds to 20 more of the AAII questions.  1.  How do you feel about […] The post Better than Wellesley and Wellington? and 19 other questions first appeared on Paul Merriman. The post Better than Wellesley and Wellington? and 19 other questions appeared first on Paul Merriman.

On July 22, 2023 Chris Pedersen addressed the Orange County Chapter of the American Association of Individual Investors.  At the end of his 2 hour presentation there were many unanswered questions. Our last podcast and video addressed 16 of those questions. In this podcast Paul responds to 20 more of the AAII questions.  1.  How do you feel about using a balanced fund such as Vanguard Wellington in retirement?01:44 2.  I subscribe to your mantra of index funds, keep costs low, buy and hold etc,  Is Merriman Wealth Management your company as well?  I ask because that company espouses buy and hold and market timing and charges “AUM” fees. 14:15 3.  I am a new retiree at 65 and have decided to use the “2 Funds for Life” target date fund with a 10% small cap value portfolio.  Do you recommend the 10% small cap value be split between U.S. and international small cap value funds?  23:30 4.  Is it too late for someone just entering retirement to change their investment portfolio to the 10-Fund Merriman Ultimate Buy and Hold Portfolio?   26:39 5.  What is your impression of a recent Vanguard study that showed a large percentage of investors over 85 with an asset allocation of 100% in stocks? 30:14 6  How about using a technology fund instead of a small cap value funds? 35:00 7.  What are some short term bonds funds you recommend?  Bonds funds discussed VSBSX, VMLTX and VSCSX 39:24 8.  I am 25 years old and have a high risk tolerance.  Would it be okay to be all small cap value and would it be okay to invest 10% of the portfolio in individual small cap value stocks? 41:06 9. I have been using the Merriman 10 fund portfolio for 10 years.  The annual rebalancing takes a lot of time.  Do you recommend I move to the worldwide 4 fund portfolio instead? 43:00 10. I am retired and just took a full distribution from my 401k and invested the cash in a Vanguard Rollover IRA.  I I use one of Merriman's portfolios should I stage my investment over many months or invest it all immediately? 44:45 11.  I currently hold a large amount of cash and want to start investing.  Do you recommend a lump sum investment or dollar cost average over a few months? 48:25   Fine Tuning tables. 12.  Do you think the Avantis All Equity Markets Fund (AVGE) has enough small cap value to compete with the returns of your Worldwide 4 Fund Portfolio? 53:53 13.  How does the Avantis Small Cap Value ETF (AVUV) compare to the DFA Small Cap Value ETF (DFSX)? 56:46 14.  Do you recommend buying individual bonds instead of bond funds? 59:58 15.  Do you recommend moving to a target date fund with a later retirement to get more exposure to equities? 1:02:00 16.  What would happen if one of the Avantis funds closed?  Paul recommends reading this article. 1:03:39 17.  I own VBR (Vanguard Small Cap Value ETF) in a taxable account.  Should I take the tax hit and move the investment in AVUV (Avantis Small Cap Value ETF)? 1:07:00 18.  What is your opinion of holding target date funds or a fund of funds during retirement? 1:10:33 19.  What is the range of Price to Earnings (P/E) ratio of large and small growth and value funds? 1:13:00 20.  I think I need a professional advisor to help me with my financial decisions.  Will the fees I pay be covered by higher returns?  Financial Advisor services. 1:17:21

Today we welcome James Choi, Professor of Finance at the Yale School of Management, to the show to share some of his insight into what he has dubbed practical finance. James has focused his research on behavioural finance, behavioural economics, household finance, capital markets, health economics, and sociology, and is turning this expertise into pragmatic knowledge marketed towards ordinary people. This reframing and reconfiguration of the theory for all people and the decisions they make, could not be more in line with what we are trying to do here at Rational Reminder, and this conversation with James was packed with so many surprising and informative responses to relatable questions. We ask James about index funds, the benefits of advisors, optimal equity, diversification, and much more. We also spend a little bit of time exploring the individual reasons that people have for their decisions, with James expanding on the disconnect between people's philosophy and their actions. Further topics include the role and impact of education, renting versus buying, and the formulation of his concept of practical finance, so make sure to join us and catch it all.   Key Points From This Episode:   The failure of economic theory to explain everyday financial decisions. (0:03:03) A little about James' course on personal finance at Yale. (0:06:29) Economic theory and popular personal finance advice on optimal savings and consumption. (0:12:06) Looking at economic theory and popular personal finance's suggestions about optimal equity allocations for households. (0:19:33) The kinds of personal aversions people have towards their finances. (0:27:07) The impact that James' survey research has had on his perspectives on equity. (0:29:42) Practical application of economic theory to household decisions. (0:32:29) Increased awareness of the benefits of index funds. (0:42:59) James shares a few famous economists' investment strategies. (0:44:11) Some thoughts on approaches to and avoidance of diversification. (0:45:48) Differentiating between mistakes and unique behaviours we cannot justify. (0:52:26) The efficacy of education, financial advice, and personal experience in improving investment decisions. (0:55:44) Liquid and illiquid assets and renting versus buying property. (1:02:26) James talks about his excitement around his current work in practical finance. (1:07:50) How James defines success at this point in his life. (1:09:52) Participate in our Community Discussion about this Episode: https://community.rationalreminder.ca/t/episode-260-prof-james-choi-practical-finance-discussion-thread/24227   Links From Today's Episode: Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582.  Rational Reminder Website — https://rationalreminder.ca/  Shop Merch — https://shop.rationalreminder.ca/ Join the Community — https://community.rationalreminder.ca/ Follow us on Twitter — https://twitter.com/RationalRemind Follow us on Instagram — @rationalreminder Benjamin on Twitter — https://twitter.com/benjaminwfelix Cameron on Twitter — https://twitter.com/CameronPassmore James Choi — https://faculty.som.yale.edu/jameschoi/ 'Behavioral Household Finance' — https://www.hbs.edu/ris/Publication%20Files/behavioral_household_finance_a3b33098-e0c7-40e0-bf2f-fa4ceb6e6d06.pdf 'Finance for the Rest of Us' — https://www.linkedin.com/posts/james-j-choi-finance_finance-for-the-rest-of-us-activity-6997910789097414656-5epq/?originalSubdomain=ba 'Popular Personal Financial Advice versus the Professors' — https://www.aeaweb.org/articles?id=10.1257/jep.36.4.167 'Millionaires Speak: What Drives Their Personal Investment Decisions?' — https://www.nber.org/papers/w27969 'What Matters to Individual Investors? Evidence from the Horse's Mouth' — https://onlinelibrary.wiley.com/doi/abs/10.1111/jofi.12895 'Are Empowerment and Education Enough? Underdiversification in 401(k) Plans' — https://www.jstor.org/stable/3805120 'Why Does the Law of One Price Fail? An Experiment on Index Mutual Funds' — https://www.nber.org/papers/w12261 '$100 Bills on the Sidewalk: Suboptimal Investment in 401(k) Plans' — https://www.nber.org/papers/w11554

On this week's Stansberry Investor Hour, Dan and Corey are joined by equity analyst John Zolidis. He's the president and founder of Quo Vadis Capital, which provides research for both professional money managers and individual investors, specifically in the retail and restaurant sectors.  Dan and Corey kick off the podcast by discussing what they're bullish on – what they like, what they want to buy, and what they're buying. Corey expresses optimism in U.S. stocks, citing their recovery and global financial leadership as "the best house in a bad neighborhood." Dan shares his optimism for the housing sector, highlighting historically low inventory levels. (00:41) Then, John joins the conversation to share his perspective on the possibility of beating the market and overcoming cognitive biases in investing. He brings up "the wise-man problem," referring to the cognitive bias that arises from an individual's belief that they have seen and understood all market situations based on past experiences. (19:41) John challenges the belief that outperforming the market is impossible, citing the importance of understanding companies and long-term prospects. John emphasizes the need to align investments with financial goals and avoid short-term performance targets influenced by media hype. He believes a longer-term perspective is the key to gaining an edge as an individual investor. (39:23) ➡️ Watch Here

Part 1- EXCLUSIVE: Biden Commands FBI to Ambush Individual Investors Who Profit from Market Collapse; Meanwhile Black Rock & Pals Run WildWe Cannot Say Much of the 'Really Good Stuff' on Here That's Why We Created Paine.tv YOU CAN CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** GET the Intel that's Too Hot For Anywhere Else at P A IN E. TV CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** ...This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5788750/advertisement

Part 4- EXCLUSIVE: Biden Commands FBI to Ambush Individual Investors Who Profit from Market Collapse; Meanwhile Black Rock & Pals Run WildWe Cannot Say Much of the 'Really Good Stuff' on Here That's Why We Created Paine.tv YOU CAN CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** GET the Intel that's Too Hot For Anywhere Else at P A IN E. TV CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** ...This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5788750/advertisement

Part 3- EXCLUSIVE: Biden Commands FBI to Ambush Individual Investors Who Profit from Market Collapse; Meanwhile Black Rock & Pals Run WildWe Cannot Say Much of the 'Really Good Stuff' on Here That's Why We Created Paine.tv YOU CAN CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** GET the Intel that's Too Hot For Anywhere Else at P A IN E. TV CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** ...This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5788750/advertisement

Part 2- EXCLUSIVE: Biden Commands FBI to Ambush Individual Investors Who Profit from Market Collapse; Meanwhile Black Rock & Pals Run WildWe Cannot Say Much of the 'Really Good Stuff' on Here That's Why We Created Paine.tv YOU CAN CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** GET the Intel that's Too Hot For Anywhere Else at P A IN E. TV CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** ...This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5788750/advertisement

Part 4- EXCLUSIVE: Biden Instructs FBI to Ambush Individual Investors Who Profit from Market Collapse; Meanwhile Black Rock & Pals Run WildWe Cannot Say Much of the 'Really Good Stuff' on Here That's Why We Created Paine.tv YOU CAN CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** GET the Intel that's Too Hot For Anywhere Else at P A IN E. TV CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** ...This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5788750/advertisement

Part 3- EXCLUSIVE: Biden Instructs FBI to Ambush Individual Investors Who Profit from Market Collapse; Meanwhile Black Rock & Pals Run WildWe Cannot Say Much of the 'Really Good Stuff' on Here That's Why We Created Paine.tv YOU CAN CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** GET the Intel that's Too Hot For Anywhere Else at P A IN E. TV CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** ...This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5788750/advertisement

Part 2- EXCLUSIVE: Biden Instructs FBI to Ambush Individual Investors Who Profit from Market Collapse; Meanwhile Black Rock & Pals Run WildWe Cannot Say Much of the 'Really Good Stuff' on Here That's Why We Created Paine.tv YOU CAN CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** GET the Intel that's Too Hot For Anywhere Else at P A IN E. TV CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** ...This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5788750/advertisement

Part 1- EXCLUSIVE: Biden Instructs FBI to Ambush Individual Investors Who Profit from Market Collapse; Meanwhile Black Rock & Pals Run WildWe Cannot Say Much of the 'Really Good Stuff' on Here That's Why We Created Paine.tv YOU CAN CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** GET the Intel that's Too Hot For Anywhere Else at P A IN E. TV CONTRIBUTE TO THE SHOW BY CLICKING THIS LINK -- *** DONATE HERE *** ...This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5788750/advertisement

Phil Town of Rule One Investing fills us in on when is the right time to sell a stock. Episode 2103: When Should You Sell a Stock by Phil Town Phil Town's portfolio has been ranked No. 1 by the American Association for Individual Investors when it produced a 50% rate of return. He has a passion for investing that is hard to beat and he wants to share it with you. Phil has written three New York Times #1 Best-Selling Investment Books, Rule #1, Payback Time, and Invested, and he's been invited to speak on TV shows on CNBC, FOX, and MSNBC. The original post is located here: https://www.ruleoneinvesting.com/blog/how-to-invest/when-should-you-sell-a-stock/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalHealthDailyDietNutritionFitness Learn more about your ad choices. Visit megaphone.fm/adchoices

After a brutal 2022, stocks and bonds posted gains during the first quarter. Today's Stocks & Topics: Metaverse, Individual Investors, Private Markets, FSLR - First Solar Inc., Shorting, PLBY - PLBY Group Inc., JEPI - JPMorgan Equity Premium Income ETF, Buying a Preferred Stock, TECK - Teck Resources Ltd. Cl B., VIOV - Vanguard S&P Small-Cap 600 Value ETF, IVE - iShares S&P 500 Value ETF. Justin's PERSPECTIVE looks at the HISTORY of bank failures in the U.S.Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy