Today’s Animal Spirits is brought to you by Betterment Advisor Solutions and the Morningstar Investment Conference See here for more information on Betterment’s Advisor solutions See here to register for Morningstar’s investment conference, which is free for advisors Get a random Animal Spirits chart here On today’s show, we discuss: Listen here Recommendations: Charts: Tweets/Bluesky: … Read more
As stocks plummet and recession fears grow, there’s one silver lining worth highlighting: the increasing value of your home, if you own one. A home is a fundamental necessity for survival, stocks are not. So, the government sacrificing your stock portfolio to strengthen or preserve your housing situation can be seen as a net benefit. … Read more
I like Jesse Livermore quotes because they’re often multi-faceted. This is one of my favorites: Another lesson I learned early is that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I … Read more
– And by lately, I mean the past several years or more. The value of the S&P 500 index of stocks, where most of us hopefully have a good chunk of our retirement savings stashed into index funds, is up about fifty seven percent in just the past two years. And it has more than … Read more
If there’s one thing I don’t recommend, it’s buying stock on margin. Due to the volatility of stocks and high margin interest rates, borrowing money to buy stocks is a bad idea. Conversely, I’m not opposed to buying a home on margin, namely through a mortgage, if buying follows a homebuying guideline like the 30/30/3 … Read more