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Weekend Reading For Financial Planners (May 11-12)

Nerd's Eye View

Also in industry news this week: The latest Social Security trustees report offered a slightly rosier picture for the health of the various Social Security trust funds thanks to improved economic conditions, though they warned that time is running out for legislators to take action to ensure the system will be able to pay out full benefits beyond the (..)

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#FA Success Ep 339: Resetting The Business For Its Next Stage Of Growth After Hitting The 10-Year Capacity Wall, With Eric Roberge

Nerd's Eye View

In this episode, we talk in-depth about how, in 2022, Eric and his wife Kali faced a tumultuous year the firm dipped from $600,000 to $500,000 of revenue run rate in just the first few months and because it coincided with the arrival of their first child they didn’t have the bandwidth and capacity to adapt, how, to help with capacity constraints, (..)

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10 Friday AM Reads

The Big Picture

History shows that we don’t have to be satisfied with the economic and intellectual limits of the age in which we live ( Discourse ) • The Best Way to Save American Lives on the Road : France, unlike America, but like almost every other rich country on earth, has worked out how to make its roads safer. Don’t buy it. Don’t buy it.

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Succeed At Succession Planning: A 4-Step Playbook For Firm Ownership Transition

Nerd's Eye View

Because there is no single 'right' price, structure, or financing mechanism for every firm, getting clear on G1's financial goals, G2's ability to finance the deal, and the value of the firm (perhaps with the assistance of an external valuation service) can help ensure that all parties are clear on what the succession will look like and whether it (..)

Planning 130
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Weekly Market Insights – February 26, 2024

Cornerstone Financial Advisory

Stocks Rally To Record Highs Stocks traded in a fairly tight range for the first half of the short week, yawning at the lack of economic data while awaiting earnings results from one key company that creates chips that power the artificial intelligence operations of many firms. 3,4 This Week: Key Economic Data Monday: New Home Sales.

Marketing 105
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Are You Keeping the Faith in Cathie Wood's ARK?

Mish Talk

The three largest holdings in the fund—which is known by its ticker symbol ARKK—are Zoom Video Communications Inc., ARK is predicting the valuation of Tesla will exceed the entire US real GDP by the early 2030s. 30 alone, they yanked $146 million, which was among the largest single-day outflows of the year. ZM, Tesla Inc.,

Valuation 157
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Weekly Market Insights – February 5, 2024

Cornerstone Financial Advisory

3 This Week: Key Economic Data Monday: ISM Services Index. Source: Investors Business Daily – Econoday economic calendar; February 2, 2024 The Econoday economic calendar lists upcoming U.S. Your mental health influences how you communicate with others, perform at work, and feel about yourself. EIA Petroleum Report.

Marketing 104