Podcasts about portfolios

This week, the focus is on diversification—and why it's getting harder to achieve. Portfolio Strategist Natalie Gill explains how the “diversification mirage,” a key theme in BII's 2026 outlook, is now showing up in real time. A small set of megaforces is increasingly dictating equity performance, meaning traditional attempts to diversify—whether toward equal-weighted indices or new regions—can amount to larger active positions than many investors realize.Natalie also breaks down how rising developed-market bond yields challenge the long-held assumption that long-term bonds reliably balance portfolios. Fiscal strains, shifting central bank stances, and policy divergence between the U.S. and other economies further complicate the diversification picture. As bond volatility rises and a small number of equity drivers dominate returns, investors may need to reconsider how and where true diversification can be found.The episode also highlights the growing disconnect between the Federal Reserve's policy posture and the more hawkish tone across Australia, Canada, and Japan—where fiscal dynamics and reopening risks are influencing long-term rates. These divergences, paired with delayed U.S. labor data and inflation considerations, shape the macro backdrop as markets enter the new year.Key Insights· Diversification is increasingly difficult as a handful of megaforces drive global equity performance.· Traditional diversifiers—such as long-term government bonds—provide less balance amid rising yields.· Policy divergence between the U.S. and other major central banks is creating new cross-market risks.· Fiscal concerns are influencing yield curves, particularly in Japan and the UK.· Portfolios may require more deliberate, active decisions and alternative sources of return to achieve true diversification. diversification, megaforces, capital markets, macro trends, bond yields, portfolio balance, market outlookThis content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. Reference to any company or investment strategy mentioned is for illustrative purposes only and not investment advice. In the UK and non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. For full disclosures, visit blackrock.com/corporate/compliance/bid-disclosures.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Commercial real estate is hitting rock bottom. We will explain how to buy discounted distressed debt without owning a single office building.Today's Stocks & Topics: CF Industries Holdings, Inc. (CF), Market Wrap, Safe Route to Invest, Carrier Global Corporation (CARR), “CRE Distress: Where Are the Opportunities?”, IPOs, Waymo or Tesla, Axcelis Technologies, Inc. (ACLS), The Trade Desk, Inc. (TTD), Small Caps, Motorola Solutions, Inc. (MSI), Cash Holdings in Portfolios.Our Sponsors:* Check out ClickUp and use my code INVEST for a great deal: https://www.clickup.com* Check out Incogni: https://incogni.com/investtalk* Check out Invest529: https://www.invest529.com* Check out NordProtect: https://nordprotect.com/investalk* Check out Progressive: https://www.progressive.com* Check out Quince: https://quince.com/INVEST* Check out TruDiagnostic and use my code INVEST for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

In this special year-end AMA, the full PWL crew — Ben Felix, Cameron Passmore, Ben Wilson, and Dan Bortolotti — sit down together for the first time on the podcast to reflect on the roller-coaster that was 2025 and to tackle a wide range of thoughtful listener questions. The episode begins with reflections on a year that included wild market swings, an extraordinary rally few predicted, major changes within PWL, and personal milestones. From there, the team dives deep into the psychology of staying invested, the real risks of inexperienced investors going 100% equities, the complexity of asset location and pre-tax vs. after-tax allocation, and how to talk to family members who are paying too much in investment fees.   Key Points From This Episode: (0:04) Introduction — first-ever full-team recording and setup for the year-end AMA. (1:12) Why not all AMA questions could be answered — over 400 submissions and many not suited to the format. (1:48) 2024 market recap — from early-year panic to strong double-digit global equity returns. (3:59) The speed of recoveries — why missing a quick rebound can permanently derail returns. (5:34) Cameron's lessons from 2024 — unpredictability, growing adoption of evidence-based investing, joining a bigger organization, and driverless-car optimism. (7:41) Ben Wilson becomes a co-host — an unplanned evolution shaped by listener feedback. (9:51) Dan on humility in forecasting and reconnecting with theoretical research. (11:18) Ben's personal year — firm acquisition, equity value jump, and navigating his cancer diagnosis. (12:32) Talking to parents about high fees — emotional dynamics, non-confrontational questions, and the danger of implied judgment. (23:01) Should beginners hold 100% equities? Behavioral risk, volatility blindness, and why it shouldn't be the default allocation. (30:35) Pre-tax vs. after-tax asset allocation — why RRSP dollars aren't equal to TFSA dollars and how that changes true risk exposure. (36:09) Why PWL rarely optimizes asset location — complexity, low payoff, and behavioral clarity. (44:42) What PWL does (and doesn't) offer — discretionary management, integrated planning, outside specialists, and tax deductibility rules. (49:04) "I know I need index funds — but how do I actually buy them?" Robo-advisors vs. one-ticket ETFs and why placing a trade is the real barrier. (57:47) Ben's lessons as a new homeowner — maintenance costs far above expectations and the hidden burden of being your own contractor. (1:01:54) The strangest portfolios — single-stock windfalls, leverage without client awareness, bullion-only strategies, and the infamous "meatloaf portfolio." Links From Today's Episode: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on YouTube — https://www.youtube.com/channel/ Benjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://pwlcapital.com/our-team/ Cameron on X — https://x.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Ben Wilson on LinkedIn — https://www.linkedin.com/in/ben-wilson/   Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)

In this episode of the Real Estate Pros podcast, host Q Edmonds interviews Hannah David, a successful real estate investor who transitioned from engineering to real estate. Hannah shares her journey, focusing on affordable housing and co-living strategies. She discusses the importance of personal and business strategies, the challenges she faced in the current economy, and her future goals in scaling her real estate portfolio. The conversation emphasizes the significance of relationships, execution, and a growth mindset in achieving success.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Eigentlich sollte sich die Industrie nach und nach von China emanzipieren. Doch die günstigen Chips aus Fernost sind einfach zu verführerisch für die deutsche Autobranche.

Compounding Project Podcast – Episode 36In Episode 36 of The Compounding Project Podcast, legendary investing educator Paul Merriman shares timeless insights on long-term investing, the power of compounding, and how everyday investors can build lasting wealth.Paul explains why starting early is one of the most important financial decisions you can make, how compound growth works quietly over decades, and why low-cost index funds remain the foundation of successful investing strategies.This episode dives deep into portfolio diversification, the hidden impact of investment fees, and the role of small-cap value investing in improving long-term returns. Paul also offers practical, evidence-based guidance for young investors, parents, late starters, and anyone seeking financial independence through disciplined investing.Whether you're new to investing or refining an existing portfolio, this conversation delivers actionable lessons on building wealth the smart way.Starting early and staying consistent matters more than market timing or stock picking.Low-cost index funds and diversification are the most reliable tools for long-term wealth building.Small-cap value investing and minimizing fees can significantly increase lifetime investment returns.Your Money and Your BrainThe Psychology of MoneyThinking, Fast & SlowSpending Your Way to WealthWatch the full episode for expert insights on investing, compounding, and financial freedom.Follow Paul Merriman On Social Media: ⤵︎

In this episode of Behind The Numbers With Dave Bookbinder, I'm joined by Kristof Gleich, President and Chief Investment Officer at Harbor Capital Advisors, for a deep dive into the human capital factor and its impact on business value and investment performance. Kristof explains how Harbor's partnership with Irrational Capital led to the development of the HAPI ETFs and walks through the seven subfactors that make up the human capital score: organizational effectiveness, innovation, direct management, alignment, engagement, emotional connection, and extrinsic rewards. We get into the data behind the factor, including the use of large-scale employee sentiment surveys and proprietary analytics, the index construction process that identifies the top 150 companies, and the annual reconstitution methodology. Kristof also shares performance insights – from Morningstar recognition to how HAPI has compared with the S&P 500. We also talk about why this factor has the potential to generate real alpha and how investors, private equity firms, and valuation professionals are beginning to incorporate human capital metrics into underwriting and deal analysis. If you're interested in how people truly drive enterprise value, how human capital data can shape portfolios, and what this means for investors, advisors, and dealmakers, this episode offers practical, data-driven insights you can use. About Our Guest: Kristof Gleich is the president and CIO of Harbor Capital Advisors, Inc. Kristof oversees all Investment, Distribution & Marketing and Executive Office functions at Harbor. He provides insight while helping lead Harbor's strategic growth plan. Prior to joining Harbor, Kristof was a managing director and global head of manager selection at JP Morgan Chase & Co. He received a B.S. in Physics from University of Bristol. Kristof is a CFA® charterholder and is FINRA Series 7 and 63 licensed. About the Host: Dave Bookbinder is known as an expert in business valuation and he is the person that business owners and entrepreneurs reach out to when they need to know what their most important assets are worth. Known as a collaborative adviser, Dave has served thousands of client companies of all sizes and industries.  Dave is the author of two #1 best-selling books about the impact of human capital (PEOPLE!) on the valuation of a business enterprise called The NEW ROI: Return On Individuals & The NEW ROI: Going Behind The Numbers.  He's on a mission to change the conversation about how the accounting world recognizes the value of people's contributions to a business enterprise, and to quantify what every CEO on the planet claims: “Our people are this company's most valuable asset.” Dave's book, A Valuation Toolbox for Business Owners and Their Advisors: Things Every Business Owner Should Know, was recognized as a top new release in Business and Valuation and is designed to provide practical insights and tools to help understand what really drives business value, how to prepare for an exit, and just make better decisions. He's also the host of the highly rated Behind The Numbers With Dave Bookbinder business podcast which is enjoyed in more than 100 countries.

As 2025 winds down, investors are taking stock of a year full of twists and turns. From NVIDIA’s blockbuster earnings boosting global tech sentiment to Singapore’s economy outperforming expectations with GDP growth tipped around 4%, there have been plenty of highlights, but the market volatility has been a stark reminder of the importance of staying strategically positioned. Should you tweak your portfolio? How can you balance chasing new opportunities while protecting yourself if the next cycle turns bumpy? On Wealth Tracker, Hongbin Jeong spoke with Ivan Neo, Wealth Manager, PhillipCapital to explore what these developments mean for investors as 2026 approaches. See omnystudio.com/listener for privacy information.

Wie positionieren sich Anlegerinnen und Anleger in einem Umfeld aus geopolitischem Wandel, neuen Zinsrealitäten und technologischem Umbruch? In der aktuellen Folge blicken wir auf die Kapitalmärkte 2026: Wir sprechen über robuste Portfolios, globale Diversifikation und warum Marktstruktur wichtiger ist als Trend-Timing.

Kevin chats with Jay Rollins about his 40-year journey building and selling four companies, from RTC-era distressed acquisitions to growing JCR Capital to $1.6 billion in AUM before selling to Walker Dunlop in 2018. Now Jay's doing something different with Canopy Real Estate Partners—scouting real estate operators between 35 and 45 who've proven they can do deals but have never recruited institutional capital. His pitch: let Canopy put discretionary capital in your hands, teach you fund management, and help you build a platform, taking no equity in your company beyond what's earned at the project level. Jay discusses how he's matched his fund product to investor appetite with a structure that behaves like a real estate bond—6% current return, four-year duration, 18% at exit, with only 50-55% leverage—designed for LPs tired of "trust me, I'll call you in five years." The conversation covers why having discretionary capital in the middle market is a massive competitive advantage, how proper promote structures and vesting drive team alignment, and why basic interpersonal skills like looking someone in the eye and remembering their name will put you ahead of 95% of the younger generation.

In this episode of The FasterFreedom Show, Sam and Lucas dive into a topic every real estate investor should be thinking about as we head into 2026—how experienced investors audit their portfolios. They break down the three key factors that matter most: cash flow, equity, and tax benefits, showing you exactly what to look for when evaluating your properties, identifying opportunities to optimize, and making moves that position your portfolio for growth in the year ahead. If you've been wondering how seasoned investors make strategic decisions instead of just reacting to the market, this segment is a must-listen.The guys also take a lighter, but no less entertaining, turn into the world of college football, unpacking the Lane Kiffin coaching swap craziness. They go deep on what the moves mean for the programs involved, the big-picture implications for college football, and why this saga has fans talking nonstop.From portfolio strategy to sports drama, this episode blends actionable investment insights with the fun, unpredictable stories that make the show feel like more than just numbers.FasterFreedom Capital Connection: ⁠https://fasterfreedomcapital.com⁠Free Rental Investment Training: ⁠https://freerentalwebinar.com⁠

Jay Love believes the FOMC will continue its interest rate cutting cycle into 2026. He sees the first half of the year staying strong but expects the Fed's dual mandate to be challenged in the back half of the year. He suggests fixed income investors diversify their portfolios. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

When most investors think about private credit, they picture direct lending. But as Tod Trabocco, Head of Private Debt Advisory at StepStone Group, makes clear, it's much more nuanced than that.  With over two decades in the space, Tod walks us through the four silos of private credit, including corporate, asset-based, asset-backed, and risk-sharing strategies, … Read More Read More

Mit dem nötigen Fachwissen und einer strategischen Herangehensweise können Rohstoffe zum wertvollen Baustein für eine nachhaltige und widerstandsfähige Vermögensstrategie werden.

Aloha! In dieser Episode des Triathlon-Podcasts spreche ich mit Chris Nindl über seine Erfahrungen im Triathlon, die Gründung von PrimeMerch bzw. PrimeWear und die Herausforderungen bei der Entwicklung individueller Triathlon-Anzüge. Chris teilt seine Erfahrungen über die Bedeutung von Komfort und Passform im Vergleich zur Aerodynamik, die Innovationskraft in der Bekleidungsindustrie und die Notwendigkeit, sich an die Bedürfnisse der Athleten anzupassen. Zudem sprechen wir über die immer größer werdende Bedeutung von Individualisierung der Produkte, und Chris gibt einen Ausblick über die Erweiterung des Portfolios von PrimeMerch/ PrimeWear. Mega interessanter Talk und bin gespannt wie mein zukünftiger Rennanzug bzw. Lauf Klamotten demnächst aussehen werden ;) Die Folge kannst Du überall wo es Podcasts gibt anhören! (Podcastfolge enthält unbezahlte Werbung!) Shownotes: Website von PrimeMerch/ PrimeWear => https://primewear.co/ PrimeWear in Instagram Kurzlink zur Spendenaktion zugunsten von Lichtblick Seniorenhilfe e.V. => betterplace.org/spenden/triathletenhelfen oder KLICK HIER zur Spendenseite in Betterplace.org Website von Lichtblick Seniorenhilfe e.V. => https://seniorenhilfe-lichtblick.de/ Wichtige Info: Dir hat die heutige Podcastfolge mit Chris Nindl von PrimeMerch gefallen? Na dann lass gern einen Kommentar in Socials da und lass uns wissen ob Du Lust bekommen hast auf Deinen eigenen individualisierten Rennanzug/ Laufbekleidung! Ebenfalls wäre es klasse, wenn Du die Podcastfolge mit Deinen Freunden/Freundinnen, Vereinskollegen/Koleginnen, und allen die sie anhören sollten teilst! Abonniere Triathlon Podcast, um keine zukünftige Folge zu verpassen (Spotify, Apple Podcast) und dann hören wir uns bald wieder. Ach ja, eine Bewertung des Podcasts wäre auch klasse! Da freue ich mich immer wie ein kleiner Junge drüber ;) Bis dahin, bleib gesund, unfallfrei, verletzungsfrei und sportlich! Dein Marco Folge direkt herunterladen

AI Stocks for Retirement Portfolios: How Lexington Investment Advisors Balance Innovation with Conservative Risk Management Introduction What happens when four generations of investment wisdom converge in one portfolio? At Dupree Financial Group, we’re proving that retirement investors don’t have to choose between innovation and security. In the latest episode of The Tom Dupree Show, we explored how AI stocks for retirement portfolios can work alongside traditional conservative investments—and why learning from younger perspectives might be the smartest move seasoned investors can make. Tom Dupree, Mike Johnson, and James Dupree—the fourth generation of the Dupree family in the investment business—give insights into artificial intelligence investing, revealing how Lexington investment advisors are helping clients over 50 navigate this complex technology sector without abandoning the income-focused, risk-managed approach that has served retirees well for decades. Warren Buffett’s Lesson: Why Age Shouldn’t Limit Your Investment Perspective Tom Dupree opens the conversation with a powerful story that resonates with every investor who has ever felt overwhelmed by new technology. For years, Warren Buffett avoided tech investments entirely, convinced they fell outside his circle of competence. Then something changed: he started listening to Todd Combs, a younger member of his organization who helped him see Apple not as a confusing tech company, but as a consumer products powerhouse. The result? Apple became Berkshire Hathaway’s largest investment—a position that has generated billions in returns. “I’ll be honest with you, a lot of the stuff that James has come up with, I’ve thought, you know, it’s just a quick way to lose money,” Tom admits. “But then as you begin to dig deeper into some of these tech companies that are related to AI, we have begun to see some ideas that I never would’ve come up with because I don’t fish in that pond.” This multi-generational approach to investment research has become a cornerstone of how Dupree Financial Group evaluates AI stocks for retirement portfolios. Understanding AI Investment Opportunities Without the Jargon One of the biggest barriers preventing retirement investors from considering AI stocks is the complexity of the technology itself. James Dupree breaks down artificial intelligence into two understandable categories: Generative AI creates and translates information—think ChatGPT providing answers to questions or generating content. Agentic AI makes independent decisions—like high-frequency trading robots that execute trades for hedge funds or autonomous systems that manage complex operations. But rather than investing in the headline-grabbing companies everyone knows, Dupree Financial Group focuses on what Mike Johnson calls “the picks and shovels” of the AI revolution—the infrastructure companies that provide essential services to the entire industry. The Conservative Approach to AI Stocks for Retirement Portfolios Here’s what sets Lexington investment advisors at Dupree Financial Group apart: they’re not betting the farm on speculative technology. Instead, they’re using a disciplined, conservative methodology that treats AI investments as a small but strategic component of a diversified retirement portfolio. Position Sizing That Protects Your Future “We’re not talking about putting a huge part of the portfolio into this,” Tom emphasizes. “Maybe a quarter of a percent here, a quarter of a percent there. We’re nibbling very, very small amounts.” This approach allows the portfolio to benefit from the growth potential of AI technology while maintaining the low-volatility profile that retirement investors need. In fact, the Dupree Financial Group portfolio maintains a beta of approximately 0.65 to 0.70—meaning it’s 30-35% less volatile than the S&P 500, even while incorporating select growth opportunities. Buying During Corrections, Not At Peaks Rather than chasing momentum, the team has been strategically adding positions as AI stocks have corrected significantly from their highs. James notes that many AI infrastructure companies have pulled back 40-50% from recent peaks—creating what Mike Johnson calls “financial crisis-type corrections” that present opportunities for patient investors. “When you look at some of these things that have dropped 40% plus, these smaller companies are the picks and shovels,” Mike Johnson explains. “These are companies that offer a service or a product that the hyperscalers need.” The Infrastructure Play: Where Retirement Portfolios Can Find AI Opportunities Rather than investing in the most talked-about names like Nvidia, James Dupree focuses his research on three critical areas of AI infrastructure: Data Center Companies These firms build and lease the physical space where AI processing happens. While not yet profitable, some are showing strong revenue momentum and approaching profitability—exactly the kind of inflection point long-term investors look for. Connectivity Solutions Companies that manufacture high-speed connection devices are experiencing explosive revenue growth. One company James researched recently beat revenue expectations by $30 million and raised guidance substantially for the coming quarter—showing genuine demand beyond the hype. Computing Power Providers Firms that rent out computing capacity for data storage, transfer, and AI training are building substantial recurring revenue streams, though they often trade at high multiples that require careful evaluation. “The biggest problem with most of these companies is the multiples that they trade at,” James notes, highlighting why position sizing and patience matter so much in this sector. Balancing Growth and Income in Retirement Portfolios One of the most important insights from this episode is how AI investments fit within an income-focused retirement strategy. Mike Johnson articulates the philosophy clearly: “The cornerstone of the portfolio is income. But with income, you also have to have price appreciation within the portfolio. Because ultimately if you have price appreciation later on, that price appreciation can be converted into income.” This approach allows Dupree Financial Group to maintain their focus on generating reliable income for retirees while strategically positioning portfolios to benefit from long-term growth trends. The portfolio includes: Mortgage REITs for current income Treasury bonds for capital preservation Dividend-paying stocks across multiple sectors Select growth positions in emerging technologies All working together toward client-specific retirement goals, not arbitrary benchmark-beating. The Research Process That Makes Small AI Positions Work What separates professional management from individual speculation is the depth of research backing each decision. The Dupree Financial Group team doesn’t just read headlines—they conduct earnings calls with companies, analyze quarterly reports, study competitive positioning, and evaluate balance sheets before making any investment. “That’s where the research comes in,” Mike Johnson emphasizes. “It gives you the conviction to emotionally be able to withstand that. If you see something drop 40% in a matter of a week, it’s a gut punch. You pause and you fall back on the research.” This research-driven approach also informs another crucial discipline: knowing when to add to positions versus when to exit entirely. As Tom points out, sometimes companies decline for good reasons—which is why understanding revenue sources and balance sheet health matters so much. Why Multi-Generational Perspectives Create Better Portfolios Throughout the episode, the interplay between Tom’s 47 years of investment experience, Mike’s analytical rigor, and James’s knowledge of emerging technologies illustrates why collaboration produces better outcomes than any single perspective could achieve. “We have to get ideas from every place we can. Nobody has all the ideas,” Tom acknowledges. “That’s why working as a team is so valuable. You don’t just have one mind working on the portfolio. You’ve got a bunch of different people contributing.” This collaborative approach prevents the portfolio from becoming too conservative (missing legitimate opportunities) or too aggressive (taking unnecessary risks with retirement capital). The Flexibility Advantage of Independent Investment Management Unlike mutual funds bound by rigid mandates or ETFs locked into specific indexes, Dupree Financial Group maintains the flexibility to pivot as opportunities emerge or risks develop. “If we could buy a fund or an ETF that mimicked what we do in the portfolio, we’d do it in a heartbeat because that’d be a lot easier,” Mike Johnson jokes. “But there wouldn’t be one out there.” This flexibility has been tested twice in 2024 alone—in April and again from late October through the recording of this episode—with the portfolio maintaining its low-volatility profile while continuing to outperform the S&P 500. De-Risking While Staying Opportunistic One of the most sophisticated insights from the episode is how the team simultaneously de-risks the portfolio while selectively adding growth positions. Over recent months, they’ve been: Taking profits in positions that have reached target valuations Adding 10-year and 30-year Treasury bonds for capital preservation Purchasing mortgage bonds for income and stability Selectively adding small positions in corrected AI infrastructure stocks “While we have been taking profits in certain things and buying bonds, we’ve been de-risking the portfolio,” Mike Johnson explains. “But in the same vein, we’re looking at opportunities in these AI companies, which would be considered aggressive—but we believe we’re buying them in a more conservative way.” This tactical bond position serves a dual purpose: preserving capital during uncertain periods while maintaining dry powder for future opportunities. As Tom notes, “If we saw one that we thought was a slam dunk, we’d sell some of our treasury bonds and buy it.” Key Takeaways for Retirement Investors Multi-generational perspective matters: Combining decades of experience with fresh insights on emerging technologies creates more balanced portfolios Small positions limit downside: Quarter-percent positions in speculative areas allow upside participation without risking retirement security Buy corrections, not momentum: The best entry points often come when stocks have declined 40-50% from peaks Infrastructure beats headlines: “Picks and shovels” companies often offer better risk-reward profiles than the most talked-about names Research provides conviction: Deep analysis enables investors to add to positions during declines rather than panic-selling Income remains paramount: Growth positions ultimately serve the goal of generating reliable retirement income Flexibility creates opportunity: Independent management allows pivoting between defensive and opportunistic positioning as conditions change Low volatility is achievable: A 0.65-0.70 beta demonstrates that incorporating growth doesn’t require accepting market-level volatility Understanding What You Own: The Foundation of Successful Retirement Investing Tom Dupree returns throughout the episode to a central theme: investors must understand what they own and why they own it. This transparency stands in stark contrast to the sterile, black-box approach many firms take with client portfolios. “I think a lot of people in this business screw up in that they don’t tell the clients what they own, why they own it. They make the business very sterile and not very interesting,” Tom observes. At Dupree Financial Group, clients receive detailed explanations of portfolio holdings, the research behind each position, and the strategic rationale for the overall allocation. This education-focused approach helps clients stay committed during market volatility rather than making emotional decisions at precisely the wrong time. FAQs About AI Investing for Retirement Portfolios Q: Are AI stocks too risky for retirement portfolios? AI stocks as a sector can be volatile, but small, carefully researched positions in AI infrastructure companies can add growth potential without significantly increasing portfolio risk. The key is position sizing—keeping individual AI holdings to a quarter or half percent of the overall portfolio limits downside while allowing meaningful upside participation. Q: How do Lexington investment advisors choose which AI companies to invest in? Dupree Financial Group focuses on AI infrastructure companies—the “picks and shovels” of the AI revolution rather than the headline names. The team conducts deep research into revenue sources, balance sheets, competitive positioning, and growth trajectories, looking for companies with strong fundamentals trading at temporarily depressed valuations. Q: Should I sell my AI stocks if they drop 40-50%? Not necessarily. As Mike Johnson explains, “Sometimes companies go down for a reason,” which is why research matters so much. If the fundamental thesis remains intact and the company’s long-term prospects haven’t changed, significant corrections can present opportunities to lower your average cost. However, this requires understanding the business deeply enough to distinguish temporary market volatility from genuine business deterioration. Q: How do AI investments fit with an income-focused retirement strategy? AI growth positions complement income-focused holdings by providing price appreciation that can eventually be converted into income. The Dupree Financial Group approach maintains income as the cornerstone through mortgage REITs, dividend stocks, and bonds, while strategic growth positions create opportunities for capital appreciation that enhances long-term income generation capability. Q: What’s the difference between investing in Nvidia versus AI infrastructure companies? While Nvidia dominates AI chip manufacturing, it trades at a premium valuation reflecting its market position. AI infrastructure companies—those building data centers, providing connectivity solutions, or renting computing power—often trade at lower valuations while still benefiting from AI growth. They represent more diversified exposure to the sector’s expansion rather than concentration in a single, high-profile name. Q: How does a multi-generational investment team improve portfolio outcomes? Different generations bring different expertise and perspectives. Experienced advisors provide decades of market wisdom, risk management discipline, and understanding of how various market cycles play out. Younger analysts bring familiarity with emerging technologies, new business models, and changing consumer behavior. This combination prevents portfolios from becoming either too conservative (missing legitimate opportunities) or too aggressive (taking unnecessary risks). Q: Why maintain bonds in a portfolio when adding growth stocks? Bonds serve multiple purposes in the Dupree Financial Group approach: they generate current income, reduce overall portfolio volatility, preserve capital during uncertain periods, and provide liquidity for opportunistic purchases when attractive valuations emerge. Rather than viewing bonds and growth stocks as contradictory, they work together to achieve risk-adjusted returns appropriate for retirement investors. Take Control of Your Retirement Portfolio With Expert Guidance The conversation between Tom Dupree, Mike Johnson, and James Dupree reveals a sophisticated approach to modern retirement investing—one that respects both the wisdom of traditional risk management and the potential of emerging opportunities. If you’re wondering whether your current portfolio reflects the right balance between growth and preservation, income and appreciation, or familiar holdings and new opportunities, now is the time to find out. Dupree Financial Group offers complimentary portfolio reviews for retirement investors who want to understand exactly what they own and why. With 47 years of investment experience and a multi-generational team analyzing opportunities across market sectors, they bring the depth of research and strategic thinking your retirement deserves. The key to successful retirement investing isn’t timing the market—it’s understanding what you own and having a clear strategy that aligns with your goals. Schedule your complimentary portfolio analysis today by calling (859) 233-0400 or visiting www.dupreefinancial.com to book directly through the homepage. Don’t let your retirement portfolio operate on autopilot. Discover how Lexington investment advisors at Dupree Financial Group can help you navigate today’s complex investment landscape with confidence. Listen to the full episode of The Tom Dupree Show at www.dupreefinancial.com/podcast for more insights on retirement investing, market commentary, and wealth management strategies. Learn more about the Dupree Financial Group investment approach at www.dupreefinancial.com/about-us/. The post AI Stocks for Retirement Portfolios: How Lexington Investment Advisors Balance Innovation with Conservative Risk Management appeared first on Dupree Financial.

Where are we at after the roller coaster of 2025, What to know about Netflix, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST this Saturday

The Investing Power Hour is live-streamed every Thursday on the Chit Chat Stocks Podcast YouTube channel at 5:00 PM EST. This week we discussed:(00:00) Introduction(01:48) Dream Portfolio Game(03:05) Criteria for Selecting High-Growth Companies(06:17) Drafting the Best Companies at 15x Earnings(24:17) Final Picks and Honorable Mentions(30:39) Rick's Cabaret Collapse: A Cautionary Tale(37:22) Michael Burry's Insights on Stock-Based Compensation(44:30) Quality Stocks at Record-Low Valuations(50:25) Consumer Spending Black Friday(53:25) Meta's Reality Lab Spending Cuts*****************************************************Subscribe to Emerging Moats Research: emergingmoats.com *********************************************************************Chit Chat Stocks is presented by Interactive Brokers. Get professional pricing, global access, and premier technology with the best brokerage for investors today: https://www.interactivebrokers.com/ Interactive Brokers is a member of SIPC. *********************************************************************Fiscal.ai is building the future of financial data.With custom charts, AI-generated research reports, and endless analytical tools, you can get up to speed on any stock around the globe. All for a reasonable price. Use our LINK and get 15% off any premium plan: ⁠https://fiscal.ai/chitchat *********************************************************************Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.

Where are we at after the roller coaster of 2025, What to know about Netflix, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST this SaturdaySee omnystudio.com/listener for privacy information.

Job cuts from U.S. employers moved further ahead of 1 million for the year as corporate restructuring and artificial intelligence and tariffs helped pare job rolls, EP Wealth's advisor CFP Chad Burton discusses building your wealth, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST this Saturday

I've found a surprising overlap between being a parent and serving as a wealth advisor. As the dad of teenage triplets plus one, I know firsthand how both roles bring their share of chaos and noise. Whether I'm spending weekends at humid, high-energy swim meets supporting my competitive swimmer daughter, or helping families navigate a financial landscape filled with political turmoil, inflation, and AI uncertainty, the challenges are real—but so are the rewards. What I've learned is that hope keeps us coming back, both as parents and advisors. Being around fellow swim parents reminds me of the importance of community, and how being a calming influence is vital—whether for a child after a tough meet or a family facing big financial decisions. Drawing inspiration from experts like our resident therapist, Dr. Jennifer Dragonette, and my friend Hal Hirschfeld, author of "Your Future Self," I explore how stepping back, keeping perspective, and focusing on growth can help us turn lemons into lemonade. Connect with Paul Contact Paul here or schedule a time to meet with Paul here. For resources discussed in this episode, visit tammacapital.com/podcast. Follow Paul on LinkedIn and YouTube. And feel free to email Paul at pfenner@tammacapital.com with any feedback, questions, or ideas for future guests and topics. Resources Featured in This Episode: Finding Harmony in Life, Work & Family: Reflections Every Dollar is a Choice: Parenting & Building Families with Conscious Spending Breaking the Busy Stereotype: Redefining Time Management for Parents

Job cuts from U.S. employers moved further ahead of 1 million for the year as corporate restructuring and artificial intelligence and tariffs helped pare job rolls, EP Wealth's advisor CFP Chad Burton discusses building your wealth, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST this SaturdaySee omnystudio.com/listener for privacy information.

Patrick O'Hare of Briefing.com on the current markets, Microsoft shares fell almost 2 percent after The Information reported it was cutting software sales quotas tied to artificial intelligence, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST this Saturday

In this episode of Lead-Lag Live, I sit down with Alex Shahidi, Co-Chief Investment Officer at Evoke Advisors, to unpack the structural forces reshaping markets — from persistent inflation to weakening growth, rising deficits, and the return of macro volatility.From the limitations of the traditional 60-40 portfolio to the misunderstood mechanics behind risk parity, Shahidi explains how investors can build portfolios that survive multiple economic regimes without relying on forecasts or market timing.In this episode:– Why inflation volatility poses the biggest risk to portfolios today– How the past decade created dangerous concentration in equities– Why most investors misunderstand what true diversification means– How risk parity protects against extreme macro outcomes– How RPAR expresses a balanced, multi-regime investment frameworkLead-Lag Live brings you inside conversations with the financial thinkers who shape markets. Subscribe for interviews that go deeper than the noise.#RiskParity #Diversification #Inflation #RPAR #Markets #EvokeAdvisors #PortfolioConstruction #MacroInvestingStart your adventure with TableTalk Friday: A D&D Podcast at the link below or wherever you get your podcasts!Youtube: https://youtube.com/playlist?list=PLgB6B-mAeWlPM9KzGJ2O4cU0-m5lO0lkr&si=W_-jLsiREjyAIgEsSpotify: https://open.spotify.com/show/75YJ921WGQqUtwxRT71UQB?si=4R6kaAYOTtO2V Support the show

Patrick O'Hare of Briefing.com on the current markets, Microsoft shares fell almost 2 percent after The Information reported it was cutting software sales quotas tied to artificial intelligence, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST this SaturdaySee omnystudio.com/listener for privacy information.

Tech players linked to the artificial intelligence trade supported the broader market, GivingTuesday is today which is a global generosity movement that began in 2012, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST this Saturday

Tech players linked to the artificial intelligence trade supported the broader market, GivingTuesday is today which is a global generosity movement that began in 2012, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST this SaturdaySee omnystudio.com/listener for privacy information.

In the second part of the Smart Property Investment roundtable, Phil Tarrant speaks with InvestorKit's Arjun Paliwal and Chris Huxter to unpack the evolving landscape of Australia's commercial property market, regulatory shifts, and investment strategies. Paliwal explains how Macquarie Bank's halt on lending to trusts and companies is reshaping investor approaches, highlighting the importance of staying adaptable amid regulatory changes. He stresses that commercial property isn't just a step up from residential but a long-term strategy suited to life stage, business needs, and borrowing capacity. Huxter outlines his "three M's" framework: Market, Money, and Management, showing how careful selection and oversight mitigate risk. The trio also discusses the emergence of industrial properties as standout performers due to tight supply and strong demand, with retail expected to remain resilient in the years ahead. Office assets are flagged as high-risk, particularly in Melbourne, where vacancy rates are elevated, and tenant stability is uncertain. Themes of macroeconomic trends, industry shifts, market cycles, and tenant demand thread through the discussion, providing a lens for investors to make informed, strategic decisions. If you like this episode, show your support by rating us or leaving a review on Apple Podcasts and by following Smart Property Investment on social media: Facebook, X (formerly Twitter) and LinkedIn. If you would like to get in touch with our team, email editor@smartpropertyinvestment.com.au for more insights, or hear your voice on the show by recording a question below.

Broadcom and Super Micro Computer lost more than 3 percent and 2 percent respectively indicating more profit-taking in the artificial intelligence trade, Stocks are going through a period of digestion, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST this Saturday

In this episode of the InsuranceAUM Podcast, DoubleLine's Andrew Hsu and Fifi Wong share their insights on building resilient insurance portfolios through asset-backed securities (ABS) and asset-based finance (ABF). With more than a decade of experience in structured products and a track record of navigating shifting market conditions, they offer a detailed look at underwriting discipline, deal sourcing, and how their approach has helped avoid high-profile credit pitfalls like recent subprime auto bankruptcies.   From the early days of FinTech-backed student loans to today's more complex private ABF opportunities in sectors like aviation and energy infrastructure, this episode explores how DoubleLine evaluates new collateral types, maintains portfolio quality, and partners with insurance investors for long-term success.   Hosted by Stewart Foley, this discussion is a must-listen for insurance asset managers, CIOs, and anyone interested in how structured credit strategies are evolving in today's uncertain environment.   Listen now and subscribe to stay current on trends in insurance asset management.

Broadcom and Super Micro Computer lost more than 3 percent and 2 percent respectively indicating more profit-taking in the artificial intelligence trade, Stocks are going through a period of digestion, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST this SaturdaySee omnystudio.com/listener for privacy information.

Talking to your parents about money may be the most awkward conversation you ever have—right up there with “the talk” from your teenage years—but avoiding it can cost your family serious time, stress, and money. In this episode of Five Minute Finance, Mike Morton and host Matt Robison break the topic into five practical areas: organizing your parents' finances, navigating taxes and gifting, planning for cognitive decline and scam protection, deciding what to do with the family home, and rethinking how much investment risk your parents should be taking. Find out more about Mike at https://www.mortonfinancialadvice.com and connect at https://www.linkedin.com/in/mwsmorton/

Building a Financial Advisory Firm That Puts Clients First: An Inside Look at the Process Meta Description: Discover why Tom Dupree founded Dupree Financial Group in Lexington, Kentucky—focusing on personalized investment management, team accountability, and retirement planning for local clients. For pre-retirees and retirees in Kentucky searching for personalized investment management, understanding the “why” behind your financial advisor matters just as much as the “how.” In this special episode of The Financial Hour of The Tom Dupree Show, Tom Dupree Jr. and Mike Johnson share the founding story of Dupree Financial Group—a journey that began with a simple walk in the woods near Natural Bridge in Kentucky in February 2002 and evolved into a comprehensive wealth management approach designed specifically for Lexington-area retirement investors. The Origin Story: From Brokerage Dissatisfaction to Independent Registered Investment Advisor Tom Dupree recalls the pivotal moment that sparked the creation of Dupree Financial Group. Walking through the woods with his young son James on his shoulders, he realized the traditional brokerage firm model wasn’t aligned with the future he envisioned for his family and clients. “I got this joy, this excitement in my heart thinking about doing this,” Tom explains. “I was in no position to do it at all. I didn’t have any money. Strangely, my banker approved me for a loan to actually go get the office space and get it fitted up. And that fit-up is still the same fit-up we’re using. We have not changed it.” The firm officially opened in 2003, but Tom identifies 2010 as the true beginning of Dupree Financial Group as it exists today. That’s when the firm disassociated from an outside brokerage and became an independent Registered Investment Advisor (RIA). “In 2010, we disassociated ourselves with an outside brokerage firm and became what’s called an RIA, a Registered Investment Advisor, which meant that now we’re not paying 25% of our revenues to an outside firm,” Tom shares. “That enabled us to do a lot more internally, and it really was the beginning of the firm that we know today.” Key Takeaways: Why Dupree Financial Group Started Client-focused mission: Created to serve average retirement investors who wouldn’t necessarily get attention from major brokerage firms Cost structure advantage: Lower overhead means smaller accounts receive meaningful attention and personalized service Local accountability: Designed specifically to respond to clients in Lexington, Kentucky, and the surrounding region Team approach: Built from the ground up to provide collaborative service rather than single-broker relationships Independence: Becoming an RIA in 2010 eliminated the pressure to use proprietary products and allowed true fiduciary responsibility Personalized Investment Management vs. Mass-Market Approaches One of the core distinctions Tom emphasizes is the difference between Dupree Financial Group’s model and the mass-market approach taken by larger national firms. Rather than assigning clients to investment counselors within a large hierarchy, Dupree Financial Group provides direct access to portfolio managers who actually research and select the investments. “When you’re talking to somebody, to one of us, the team that you’re talking to is also the team that is designing your investment portfolio, actually helping pick stocks and bonds to own in the portfolio,” Tom explains. “Now why is that a big deal? Well, when I was with Brand X, they had a guy in New York who was brilliant, and he really was brilliant, and he was a stock picker. You didn’t ever talk to him, but he would publish a list of things that you ought to buy.” That approach failed catastrophically during the 2001-2002 market downturn, when many clients saw portfolios decline 50% with little communication or accountability from their advisors. “It wasn’t so much the fact that everything went down, although that was a big part of it, but it was the lack of communication,” Tom notes. “It was not being willing to be accountable for what really had happened, and they just clammed up.” The Dupree Difference: Direct Access and Transparency Mike Johnson highlights several critical advantages of the Dupree Financial Group model: Team collaboration: Multiple professionals work together on research and portfolio management, producing better outcomes than single-advisor approaches Direct communication: Clients speak directly with the team members who make investment decisions Own investment selection: The firm conducts its own research and calls companies directly rather than relying on buy lists from headquarters Local presence: All revenues stay local and are reinvested in client services rather than flowing to Wall Street firms “The service team is way more aligned with the investment team,” Mike explains. “It’s not two separate functions sitting in the same room.” Investment Philosophy: Focus on Income and Risk Mitigation for Kentucky Retirement Planning Unlike money managers competing to beat specific indices, Dupree Financial Group takes a different approach focused specifically on retirement investors’ needs. This investment philosophy prioritizes income generation and risk mitigation over performance rankings. “We’re not trying to beat any index. We’re just investing in things that we see are good that we think meet our parameters for what we’re looking for,” Tom states. “The why is it’s a focus on risk mitigation, and it’s a focus on income. Those things actually make it pretty easy for us once we tie down the parameters of what we’re looking for.” Mike Johnson references a quote from investment manager Howard Marks that encapsulates a key industry problem: “If you want to be in the top 5% of money managers, you have to be willing to be in the bottom 5% too.” That statement, Mike explains, highlights the perverse incentives created when advisors chase index performance rather than focusing on actual client needs. Real Portfolio Examples: How the Strategy Works The team shares several examples of their investment approach in action: The 6.5% Dividend Stock: “We bought it in June. This company, our listeners would be familiar with. At the time, it had a six-and-a-half percent dividend yield, and the valuation was attractive when you look at the hard assets that they had. We felt some things could go right for the company over the next couple of years. And in the meantime, the stock had gone down significantly, so there was a lot of bad news priced in already. Since then, the stock has gone up to what we thought it would go up to over the next two to four years. It just did it in four months.” The Grocery Company: “We invested in a company the other day—it was a grocery company well known within Central Kentucky. It’s gotten cheap. We just knew it as being a household name that pays a small dividend.” The Clothing Brand: “It’s kind of a clothing company, well-known. It puts out some major, well-known brands. The thing’s gone from a hundred dollars to 30-something, so we decided to take a look there. That one pays a pretty good dividend.” These examples demonstrate the value-focused, income-oriented approach that differentiates Dupree Financial Group from index-chasing strategies. The Team Approach: Building Long-Term Relationships Over Transactions A fundamental principle at Dupree Financial Group is the shift from transactional relationships to ongoing partnerships. Tom explains how his years at major brokerage firms taught him what he didn’t want to replicate. “One thing that I learned in the big firms was that it’s always about the transaction. It’s about the trade,” Tom recalls. “You were constantly having to pursue that trade, do this trade with this client, do that trade with that client. I didn’t want it to be about the trade anymore. I wanted it to be about the relationship.” This philosophy manifests in several concrete ways: Regular review process: Unlike transactional brokerage relationships, Dupree Financial Group built systematic client reviews into the firm’s DNA from the beginning No pressure to sell: Because clients have already committed to the process, meetings focus on education and information rather than sales Team accountability: Multiple team members take responsibility for each client rather than the single-broker model Transparent communication: When investments don’t work out, the team explains why openly rather than avoiding difficult conversations “When our clients come in for a review or they call with a question, they know we’re not trying to sell them anything,” Mike emphasizes. “It’s informational. It’s actually something they can use.” Direct Company Research: An Uncommon Practice One aspect of Dupree Financial Group’s approach that sets them apart is their practice of directly contacting companies they invest in—something Tom notes is rare among medium and small-sized investment advisors. “We do calls with these companies. In some cases, we’ve gone to visit them—the actual company itself that we’re investing in,” Tom explains. “That would’ve been unheard of in our previous setup. A big part of what we do is talk to the clients—I say clients, the businesses that we invest in. We talk to them, we want to find out what they’re doing, learn a little bit about management and do the best we can to really do our due diligence.” This hands-on research approach provides insights that buy lists and analyst reports simply cannot match. Four Generations of Financial Service: The Dupree Family Legacy The commitment to serving clients runs deep in the Dupree family history. Tom shares how his grandfather entered the investment business around 1920 in Louisville, Kentucky, selling preferred stock for Louisville Gas and Electric directly to the public before moving into municipal bonds. “My grandfather was the first one of our line that was in the investment business,” Tom explains. “Then my dad got into the business after being in the navy, I think it was around 1955 in Harlan, Kentucky. Then me and now my two sons are in the business.” Tom’s father moved the family to Lexington in 1963 and founded Dupree and Company, which managed municipal bond issues and eventually started the Kentucky Tax Free Mutual Fund in 1979. “Their idea was always to make a thing for clients that the clients could use, that was a retail thing,” Tom notes. “And so I carried that concern for the clients into what I did when we started Dupree Financial Group.” This multi-generational focus on creating client-centered investment solutions forms the foundation of the firm’s culture today. Tom’s sons, Clark and James, are involved with Dupree Financial Group, making the fourth generation of Duprees in the investment business. The Evolution: Early Struggles to Established Success Tom is refreshingly transparent about the challenges of the firm’s early years. After opening in 2003, success didn’t come easily or quickly. “It certainly was frightening during those early days of opening the firm and wondering if anybody would ever show up,” Tom recalls. “We did all these seminars, lots of them, over a hundred. People would show up, and now and then we’d get a client out of it. It took a lot of work.” The firm began regular radio broadcasts around 2008, which helped build awareness and credibility in the Lexington community. But the real transformation came in 2010 with the transition to RIA status. “When we became an RIA, it opened up possibilities for investment options that we didn’t have before,” Mike reflects. “It got the pressure of the heavy hand off to use proprietary products. That hand was always on you. And so that was lifted. It was like the skies opened up that you had this flexibility now.” Mike adds a crucial point about this transition: “At the same time, that was a sobering feeling. Now it was on you. You can’t blame it on anybody. But from our client’s standpoint, that was something that was a positive because the accountability increased for the firm.” Client Retention: The Ultimate Validation Perhaps the strongest validation of Dupree Financial Group’s approach is client retention. Tom notes that the firm keeps clients longer and longer—a testament to the relationship-building model. “We seem to be keeping clients longer and longer, so evidently we did something right,” Tom observes. “Once we got the buggy built, we really haven’t fooled with it much. We’ve tried to do some tweaks here and there, but the basic chassis has served us pretty well.” Why the “Why” Matters for Kentucky Retirement Investors For pre-retirees and retirees evaluating financial advisors, understanding the “why” behind a firm’s approach provides crucial insight into what kind of service you’ll receive. Dupree Financial Group’s founding principles remain consistent today: Serve retirement investors who might not get attention from large brokerage firms Maintain local presence and accountability in Lexington, Kentucky Provide team-based service rather than single-advisor relationships Focus on income and risk mitigation rather than index performance Conduct independent research and select individual investments Build long-term relationships rather than pursuing transactions Communicate transparently about both successes and setbacks As Tom reflects: “It really wasn’t about the investment performance. It’s about the touch, it’s about the accountability, those sorts of things. And that’s the kind of thing we’ve set up. That was what I envisioned when I started this thing—that we would give the clients more of what they should have been getting at the Wall Street firms.” Ready to Experience the Dupree Financial Group Difference? If you’re approaching retirement or already in retirement and want a local financial advisor who prioritizes transparency, accountability, and personalized service, Dupree Financial Group invites you to experience the difference that a client-first approach makes. Schedule your complimentary portfolio review today: Call: (859) 233-0400 Visit: www.dupreefinancial.com Get Personalized Analysis: Request your portfolio consultation Don’t settle for mass-market investment approaches or impersonal service from distant Wall Street firms. Work with a team of Kentucky financial advisors who do their own research, communicate directly with you, and keep your retirement goals at the center of every decision. Explore more insights on Kentucky retirement planning strategies and listen to additional episodes in our Market Commentary archive. Frequently Asked Questions About Dupree Financial Group What makes Dupree Financial Group different from large brokerage firms? Dupree Financial Group operates as an independent Registered Investment Advisor (RIA), meaning the firm doesn’t pay commissions to Wall Street parent companies and doesn’t face pressure to use proprietary products. The team that meets with clients is the same team that researches and selects investments, providing direct accountability and transparency. All revenues stay local and reinvest in client services rather than flowing to distant corporate headquarters. Why did Tom Dupree start his own financial advisory firm? Tom founded Dupree Financial Group in 2003 after 19 years with a major brokerage firm, where he witnessed the limitations of the transactional, sales-focused model. He envisioned creating a firm that would serve average retirement investors with personalized attention, team-based accountability, and a focus on long-term relationships rather than individual trades. The firm became truly independent in 2010 when it transitioned to RIA status. What is the investment philosophy at Dupree Financial Group? Unlike money managers competing to beat specific indices, Dupree Financial Group focuses on income generation and risk mitigation for retirement investors. The team conducts its own research, including direct calls to companies they invest in, and selects individual stocks and bonds based on dividend yield, valuation, and margin of safety rather than trying to match or beat market benchmarks. How does the team approach at Dupree Financial Group benefit clients? The team model means clients receive the collective expertise of multiple professionals rather than relying on a single advisor’s perspective. Multiple team members share responsibility for each client account, improving service levels and ensuring continuity. This collaborative approach produces better research outcomes and provides clients with consistent access to knowledgeable professionals. What types of clients does Dupree Financial Group serve? Dupree Financial Group specializes in serving pre-retirees and retirees, particularly those who might not receive personalized attention from large brokerage firms. The firm’s cost structure allows them to provide meaningful, customized service to clients with retirement accounts of various sizes, with a focus on the Lexington, Kentucky area and surrounding regions. How often does Dupree Financial Group communicate with clients? Regular client reviews are built into the firm’s DNA from the beginning. Unlike transactional brokerage relationships where communication happens only when making trades, Dupree Financial Group maintains ongoing dialogue with clients through systematic review processes. These meetings focus on education and information rather than sales, since clients have already committed to the firm’s investment process. Does Dupree Financial Group charge fees or commissions? As a fee-based Registered Investment Advisor, Dupree Financial Group operates under a fiduciary standard, meaning it’s legally required to act in clients’ best interests. This fee-based structure eliminates conflicts of interest inherent in commission-based brokerage relationships and aligns the firm’s success with client outcomes. Disclaimer: This content is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results. Please consult with a qualified financial professional regarding your specific situation. The post Why Independent Financial Advisors Choose Income Over Index Performance for Retirement Portfolios appeared first on Dupree Financial.

In this Q&A episode, Veronica and Chris unpack the real property questions investors are facing right now. From ATO debt rules to cashflow pressure and portfolio structure, this episode gets straight to the point and cuts through the myths.They break down a $5.3M portfolio spread across Logan, Townsville, Shepparton, regional WA and Melbourne's fringe, revealing why “affordable” properties often deliver slow long-term growth — and when selling is actually the smarter move.The conversation also dives into rising insurance costs in flood-prone markets, including Gold Coast premiums hitting up to $20K a year. Veronica explains how underinsurance, flood overlays and lender behaviour could reshape future buyer demand.Finally, Chris explores whether AI-driven job losses could weaken the property market, or simply concentrate demand into fewer suburbs. If you want clearer strategy and better decision-making, this Q&A delivers the insights investors need now.Episode Highlights00:00 — Introduction and Listener Questions Overview00:25 — James' Question on Refinancing Loans05:43 — Michael's Property Portfolio Deconstruction18:14 — Nick's Question on Flood Insurance and Property Desirability20:36 — Insurance Challenges and Borrowing Concerns22:42 — Gold Coast Property Insights26:42 — AI's Impact on White Collar Jobs and Property Market27:59 — Future of Property Market Amid AI Revolution37:14 — Investment Strategies in a Changing Market41:50 — AI in Property Decision MakingLinksEpisode 374: How Will Climate Risk Impact Your Property's Future Value?About the GuestMark Errichiello is a licensed buyers and vendors advocate and the Co-Founder & Director of Master Advocates, a Melbourne-based property advisory firm known for its strategic, data-driven approach to acquisitions, valuations, and auction representation. With decades of hands-on experience, Mark has attended every Block auction since the early seasons and understands the dynamics of high-pressure televised auctions better than most.Mark has represented bidders in both metropolitan and regional markets — including acting as an anonymous strategic bidder during the Phillip Island Block season — giving him unique insight into how buyer psychology, auction order, and market fundamentals shape outcomes. His commentary cuts through hype and focuses on realistic pricing, fair value, and the long-term risks buyers often overlook.Respected for his measured, forensic approach, Mark brings clarity to situations where emotion, spectacle, and production expectations collide with real market behaviour. His expertise helps buyers navigate fast-moving environments and make confident, well-informed decisions.Connect with GuestMark LinkedInMaster Advocate FacebookMaster Advocate InstagramMaster Advocate YouTubeResourcesVisit our website: https://www.theelephantintheroom.com.auIf you have any questions or would like to be featured on our show, contact us at:The Elephant in the Room Property...

What to know about Meta, Gifting stocks to your kids and grandkids, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

What to know about Meta, Gifting stocks to your kids and grandkids, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PSTSee omnystudio.com/listener for privacy information.

Recorded from our new home on Bainbridge Island and released on Thanksgiving, this episode is equal parts gratitude and practical investing help. I open with my annual tradition of writing a fresh Thanksgiving list—people, communities, and institutions that have shaped my life and this work. I'm especially thankful for you, the DIY investors who keep showing up to learn, ask thoughtful questions, and hopefully staying the course.I also share appreciation for the resources that support disciplined investing—Morningstar, the Bogleheads community, and the American Association of Individual Investors (AAII). After a recent AAII presentation (over 150 attendees), we ran out of time for a live Q&A. I promised to respond to every legitimate question, so this episode kicks off a multi-part series answering them in depth.Here are the first 12 AAII questions covered in today's episode:(9:42) What alterations in portfolio construction do you recommend in transition from accumulation to distribution in order to maximize diversification of uncorrelated assets, safe withdrawal rates, and spending? ⁠Table h2a (21:21) I'm a huge fan of your U.S. two-fund portfolio. Why is diversification between large-cap growth and small-cap value so important, while diversification between VTSAX and AVUS (within the same asset class) is not? Should we diversify fund selection within the same asset class? Table K2b(26:49) Have you considered creating a quilt chart for the Ultimate Buy-and-Hold portfolios with a 70/30 U.S./international split? Table K1a and H2a and H2b(32:04) You appear to have avoided any mention of mid-cap. Should we be ignoring mid-cap funds?(33:35) What do you think about adding alternative investments to the portfolio (for example, managed futures)?(38:39) Are your recommendations for everyone, or does the game change when you have a pension for life?(43:07) I was fighting with the Zoom link and arrived 25 minutes into the presentation. Will a video recording be available to participants?(44:08) What would you expect the difference between the S&P 500 cap-weighted index (VFINX)and the S&P 500 equal-weighted index (VADAX)  to be?(49:53) The four-fund portfolios are equal-weighted across their asset classes, which results in a value tilt overall. Why weigh them equally?(54:35) One might think that adding international large-cap growth and international small-cap value to the two-fund approach would improve results. Does international allocation mainly reduce volatility/drawdown length, or also increase returns?  H2a and H2b(56:26) Can you buy DFA and Avantis funds at Charles Schwab?(58:40) What should you do if you have a lump sum to invest today, but current market highs make entry uncomfortable? https://awealthofcommonsense.com/2025/11/do-we-need-a-long-bear-market/

Listening through all the AI noise, Who is winning the fight for Self Driving Supremacy, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

In this episode of Spotlight, Stephanie Stanton ‪@etfguide‬ chats with Lance McGray, Head of ETF Product at Advisors Asset Management about growth and income opportunities with preferred securities, CLOs, and companies that are transforming global business. Learn more about Advisors Asset Management's ETF lineup https://www.aamlive.com/ETF

Ted Parkhill is not worried about market volatility, and in fact thinks investors should be worried about a lack of volatility. “We have great exposure to global equities right now,” he says, highlighting several international markets. Ted is also short crude oil, not seeing a lot of strength and potentially further downside. He's also long coffee, and short cocoa. You want exposure to these markets, he tells investors: “that's the trick.”======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

Listening through all the AI noise, Who is winning the fight for Self Driving Supremacy, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PSTSee omnystudio.com/listener for privacy information.

Is Netflix an investment, The potential of self driving taxis, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

Is Netflix an investment, The potential of self driving taxis, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PSTSee omnystudio.com/listener for privacy information.

Rob Black began this show long before many influencers today were born so here is the wisdom he has learned to help you, Warren Buffett Wisdom, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

Markets feel noisy right now, and investors are asking sharper questions than usual. In this episode of Off The Wall, Nate W. Tonsager, CIPM® and David B. Armstrong, CFA open with the surge in tech valuations and the unusual weight a handful of companies now hold inside the S&P 500. We'll hear about what that concentration means for volatility, why some portfolios feel out of sync with the index, and how listeners can think about risk when the market feels lopsided. Next, they talk about the current labor environment, which is a mix of hiring freezes and productivity changes, and what those signals might suggest for the next stretch of the economic cycle. They reflect on the themes from Warren Buffett's final shareholder letter and the kind of mindset that helps people stay steady through big market swings. Please see important podcast disclosure information at https://monumentwealthmanagement.com/disclosures   Episode Timeline/Key Highlights: 0:00 - Welcome And AMA Setup 3:23 - Why Tech Valuations Drive Volatility 6:56 - Index Concentration And Investor Tradeoffs 13:30 - PE Ratios, Magnificent Seven, And Earnings Power 19:45 - Risk Management Over Chasing Returns 26:06 - Grading The Labor Market:  31:05 - Layoff Data, AI Productivity, And Hiring 34:00 - Fire Drills For Portfolio Risk   Connect with Monument Wealth Management:    Visit our website: https://monumentwealthmanagement.com/   Follow us on Instagram: https://www.instagram.com/monumentwealth/#   Connect on LinkedIn: https://www.linkedin.com/company/monument-wealth-management/   Connect on Facebook: https://www.facebook.com/MonumentWealthManagement   Connect on YouTube: https://www.youtube.com/user/MonumentWealth#Fit   Subscribe to our Private Wealth Newsletter: https://monumentwealthmanagement.com/subscribe/   About "Off the Wall":    OFF THE WALL is a podcast for business professionals and high-net-worth investors who want to build wealth with purpose. A little bit Wall Street, a little bit off-the-wall; it's your go-to for straightforward, unfiltered wealth advice on topics that founders, business owners, and executives care about.    Learn more about our host Dave Armstrong on our website at https://monumentwealthmanagement.com

Gold has been surging lately, but is it truly a golden opportunity for retirees, or just another glittering distraction? Join us as we break down what's really driving gold's rise, explore its role as a diversification tool, and reveal what the data says about whether it deserves a spot in your portfolio.  In this episode, we discuss:  Gold's big run Historical data of gold vs. equity returns Inflation confusion Central banks' role How to diversify and own gold wisely Today's article is from the Of Dollars and Data titled, What's Going on With Gold?. Listen in as Founder and CEO of Howard Bailey Financial, Casey Weade, breaks down the article and provides thoughtful insights and advice on how it applies to your unique financial situation. Show Notes: HowardBailey.com/534

Who is wining the Robotaxi Race, The Truth about Crypto, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

Stocks surged after a blockbuster quarterly report and forecast from Nvidia restored confidence in the AI trade driving the bull market, Parents plan to spend just 5 percent less than last year on holiday gifts per child this year, More on the last EP Wealth Advisors and Rob Black Pints and Portfolios of the year on Dec 6th from 12pm to 2pm PST

As markets evolve and the traditional 60/40 portfolio faces new challenges, are hedge funds becoming the next core allocation for resilient investing? In this episode of Beyond Markets, William Fong, Head of Alternatives Specialists at Julius Baer for Asia and the Middle East, speaks with Joe Dowling, Senior Managing Director and Global Head of Blackstone's Multi-Asset Investing, about how the endowment model is reshaping portfolio construction.Joe shares insights on why institutions have leaned heavily into alternatives, how multi-strategy hedge funds are delivering uncorrelated returns, and what private investors can learn from the playbook of elite endowments. From risk management to the “democratisation of alternatives”, this episode explores how hedge funds may just be part of the new 60/40 for long-term investors seeking durability and diversification.This episode was recorded on 28 October 2025.(00:10) - – The endowment model (03:24) - – Is it limited to institutional investors? (05:02) - – A typical allocation split (06:28) - – The importance of a long-term approach (07:16) - – Recent criticisms of the endowment model (09:03) - – Hedge funds: a bond substitute? (11:23) - – The rise of multi-strategy funds (13:24) - – How multi-strategy funds have performed throughout volatility (15:13) - – What to look for in a good multi-strategy fund (16:33) - – Absolute return vs index investing (18:33) - – Are multi-strategy funds getting too big? (20:17) - – Are single-manager, single-strategy funds still relevant? (21:32) - – Rebalancing – a critical element (22:44) - – Fund manager expertise, and the art of portfolio construction (27:01) - – Thoughts on private equity and infrastructure (31:33) - – An ivy league education? Or an alternatives portfolio?