The Irrelevant Investor
SEPTEMBER 30, 2020
Today’s Animal Spirits is brought to you by YCharts Mention Animal Spirits to receive 20% off when you initially sign up for the service On today’s show we discuss: People are starting businesses More diversity in the stock market Does asset allocation matter in retirement? SPACs are more lucrative than hedge funds The IPO machine is in fifth gear Home inventory is tight, especially on the lower end.
Workable Wealth
SEPTEMBER 30, 2020
Welcome back to the third part of our investment lexicon series. In part one, we introduced the concept of financial markets and discussed their broad reach. In part two, we looked at the U.S. stock market and its many intricacies, including what it is, ways of tracking it, and strategies to approach investing in it. Today, we’ll explore the ways you can participate in the stock market, namely the creation and management of your investment portfolio.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Brown Advisory
SEPTEMBER 29, 2020
Endowment and Foundation Challenges: Managing Charitable Gift Annuities ajackson Tue, 09/29/2020 - 14:00 The charitable gift annuity is one of a number of donor-friendly solutions that nonprofit institutions can offer to donors. A charitable gift annuity (CGA) is a contract between donor and institution—the nonprofit receives a gift from the donor, and in return the donor receives an income stream from the nonprofit.
Yardley Wealth Management
SEPTEMBER 14, 2020
The post What is a SEP IRA? Understanding the benefits and details of a SEP IRA before committing to this retirement savings vehicle. appeared first on Yardley Wealth Management, LLC. What is a SEP IRA? Understanding the benefits and details of a SEP IRA before committing to this retirement savings vehicle. Retirement Planning, Income Taxes. [link].
Speaker: Erroll Amacker
As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R
Indigo Marketing Agency
SEPTEMBER 9, 2020
Could you be making the following blogging mistakes? Are you interested in creating your own content? I come across financial advisors every day who are eager to write their own websites, articles, newsletters, and more. But having worked in this industry for quite some time, I’ve come to realize some common blogging mistakes advisors make when creating their own content.
International College of Financial Planning
SEPTEMBER 21, 2020
‘Times they are a changin’ – Bob Dylan. They say time never waits for anyone. It’s always changing. Bob Dylan may have immortalized this fact through a song that was released way back in 1964 but even today we must all play catch up with the fast changing world all around us. Even if 2020 began pretty normally with the hullabaloo of a new year and prospects of a great year, by March, most of us realized that it is going to be the worst year in our collective living history.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Workable Wealth
SEPTEMBER 16, 2020
Welcome back to the second part of our investment lexicon series. By now you have a good understanding of what the market is, how the stock market works, and different methods of tracking market performance. Now it’s time to look at some key tools to keep in mind when investing in the stock market. . Remember, each strategy has its pros and cons so the best way to maximize them is working with a financial planner who’ll help your portfolio reflect the right risk with your financial goals.
Brown Advisory
SEPTEMBER 29, 2020
Endowment and Foundation Challenges: Managing Charitable Gift Annuities. ajackson. Tue, 09/29/2020 - 14:00. The charitable gift annuity is one of a number of donor-friendly solutions that nonprofit institutions can offer to donors. A charitable gift annuity (CGA) is a contract between donor and institution—the nonprofit receives a gift from the donor, and in return the donor receives an income stream from the nonprofit.
The Irrelevant Investor
SEPTEMBER 28, 2020
A listener asks: Would really love a podcast segment on at what point a person should be seriously considering shifting to a CFP versus managing their financial life on their own. I keep hearing/reading “when you no longer feel comfortable/your financial decisions have more at stake” but that really doesn’t mean a whole lot. Some concrete examples would be helpful because I bet most people don’t trust their own gut to be able to make that decision.
The Irrelevant Investor
SEPTEMBER 26, 2020
New Animal Spirits video! [link] The post Compounding is Overrated appeared first on The Irrelevant Investor.
Advertisement
Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.
The Irrelevant Investor
SEPTEMBER 25, 2020
Today’s Animal Spirits is brought to you by State Street On today’s show we discuss: What variables drive gold the most? The boom and bust nature of commodities The role of gold in a portfolio Gold midyear outlook The Role of Gold in Today’s Global Multi-Asset Portfolio The Power of Gold: The History of an Obsession The Golden Constant Listen here: Charts Contact us at animalspiritspod@gmail.com with any feedback, recommendations, or questions.
The Irrelevant Investor
SEPTEMBER 24, 2020
By age 30 you should have saved 1x your annual income. If this makes you feel bad about yourself, you're not alone. The internet was triggered by these numbers from Fidelity. Ben and I spoke about this concept on a podcast we did about retirement. I thought these numbers were completely ridiculous. 3x your income by 40? How? Well, lucky for us we have spreadsheets.
The Irrelevant Investor
SEPTEMBER 23, 2020
Today’s Animal Spirits is brought to you by Masterworks, sign up here. See important Disclaimer here On today’s show we discuss: Covid is crushing people with debt People with mortgages have no idea what their options are House-rich, cash poor Small businesses can't pay their rent 98,000 businesses have been permanently closed My regrets Amazon could have paid it's employees a lot of money, if only that's how it worked It's really hard being rich Chris Rock is really rich, but money doesn't bu
The Irrelevant Investor
SEPTEMBER 23, 2020
If you asked an investor in the 20th century what the single most important financial metric is when evaluating a potential equity investment, 100 out of 100 people would have said earnings. They might have not agreed on the most important aspect of it, for example some would have favored growth, others stability, what have you, but they all would have agreed that the attractiveness of an investment is simply a function of what you're paying for earnings.
Advertisement
Like being inches from the end zone, many advisors are frustratingly close to their next level of success. You work hard. You put in the hours. But if your closing rate is stuck or your pipeline feels like a revolving door… something has to change. Most advisors are just one small shift away from dramatically increasing their revenue. The difference?
The Irrelevant Investor
SEPTEMBER 22, 2020
There are a lot things that could take a business down when the economy shuts off for a few months. High up on that list would be debt. It's no surprise then, that the stocks with the strongest balance sheets held up better during the lockdown and have outperformed coming out of it. But then what the hell do we make of this chart from Sarah Ponczek?
The Irrelevant Investor
SEPTEMBER 22, 2020
[link] On this week’s episode, Josh and I discuss the biggest topics in investing and finance, including: US household net worth just hit a fresh record all-time high. Huh? The new investor class is much more diverse, with the racial gap in stock ownership rapidly disappearing. Great news, now what? Isn’t it easier to poke holes in new ideas than it is to come up with them?
The Irrelevant Investor
SEPTEMBER 21, 2020
I would describe my outlook on the market as long-term bullish, short-term anxious. This might sound contradictory, but it's not. I bet there are a lot of investors out there who feel strongly that stocks are going to be higher 20 years from now, and yet you wouldn't know it by looking at their portfolio, or by their trading activity. If long-term returns are all that matter, then why do we focus so much on today?
The Irrelevant Investor
SEPTEMBER 20, 2020
Articles Here’s how to start getting healthy (By Phil Pearlman) Almost everybody insists they’re a careful spender. The size of their portfolio—or the lack thereof—often suggests otherwise (By Jonathan Clements) In times of volatility, people ditch their underperforming traditional active mutual funds and buy low-cost ETFs when they decide to re-enter the market (By Dave Nadig) Over the entire time period, buying stocks trading above 10x Revenue was a bad idea!
Speaker: Aaron Berson
Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g
The Irrelevant Investor
SEPTEMBER 19, 2020
This week Ben and I spoke about the animosity that's brewing between those who must return to work and those who can continue to work from home.
The Irrelevant Investor
SEPTEMBER 19, 2020
Yesterday Ben and I did a show on retirement. How to think about it, how to plan for it, and everything in-between. We got some great feedback and ideas that I thought were worth sharing. Saving for college We put all of our kids through college with a fairly simple, but rigorous plan. We would pay for up to a state school education or if they received scholarships to a private one that makes it similar in cost.
The Irrelevant Investor
SEPTEMBER 18, 2020
Today’s Animal Spirits is brought to you by NaviPlan by Advicent To learn more about how buying a plan works with financial planning software, hit this link On today’s show we discuss The 4% rule Sequence of returns risk You should have 2x your salary saved by the time you're 35. LOL Spending in retirement (JP Morgan) How to automatically save money on your bills (Trim) How America saves (Vanguard) Listen here Video [link] Charts Books I Will Teach You to Be Rich The Wealthy Barber Falling Sh
The Irrelevant Investor
SEPTEMBER 17, 2020
The S&P 500 hit an all-time high in August. Investors ran out the door. A record amount of money, more than $50 billion, left the building. You might think that it's a continued torrent of investors bailing on actively managed mutual funds, but that's not at all the case. From Morningstar's U.S. Fund Flows Batter Equity Funds in August (emphasis mine): The hardest-hit equity style-box category was large blend.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
The Irrelevant Investor
SEPTEMBER 16, 2020
Today’s Animal Spirits is brought to you by YCharts Mention Animal Spirits to receive 20% off when you initially sign up for the service On today’s show we discuss: Work from home is a pure negative JP Morgan is bringing people back into the office Parents versus non parents Cutting pay for workers leaving Silicon Valley Inequality in the office College tuition is going down Upside-down markets, so good The coordinate risk of uncoordinated market participants The chances of outperforming by p
The Irrelevant Investor
SEPTEMBER 16, 2020
The lower interest rates go, the less people worry about rising rates. When rates are at 4% for example, it seems entirely possible that they can go to 7%. "Oh no, what'll happen to my principal?" But with rates hovering around 1%, the idea that rates are going to shoot to 4% or higher isn't front and center. Right now, investors are saying, "Oh no, what happened to my income?
The Irrelevant Investor
SEPTEMBER 15, 2020
One of the first investment books I ever read was The Intelligent Investor. At the time I didn't know anything about accounting or business or economics, but I understood the simple concept behind Mr. Market. I set out on a path to learn all about value investing, but I didn't make it very far. In order to value a stock, you must know hot to to value a business, and in order to value a business you must understand how to analyze financial statements.
The Irrelevant Investor
SEPTEMBER 15, 2020
On this weeks What Are Your Thoughts, Josh and I spoke about Why most stocks suck, and what that means for investors. The triple levered triple Qs are going bananas Al Michaels, CMT This Nikola story is wild How the reopening is going Football is back And the work from home backlash [link] We used YCharts to create some of the visuals you saw in the show.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
The Irrelevant Investor
SEPTEMBER 13, 2020
One of the basic concepts in economics is that things get more expensive over time. But there is a lot of nuance in such a simple idea. Not everything goes up by the same amount, and in fact not everything goes up. As you can see in the table below, Televisions, toys and furniture have all gotten less expensive over the last 20 plus years, What makes the cost of some items go up while others go down?
The Irrelevant Investor
SEPTEMBER 10, 2020
Most stocks have underperformed the stock market this year. To add insult to injury, they also experienced deeper drawdowns. 66% of S&P 500 stocks have underperformed over the last year, while 76% had a deeper drawdown, as you can see in the chart below. If you were throwing darts at the S&P 500 over the last year, you were eight times more likely to hit a stock with a max decline of more than 60% than you were to hit a stock that had a max decline of less than 20%.
The Irrelevant Investor
SEPTEMBER 9, 2020
On today’s show we discuss: August employment report These temporary layoffs are starting to look permanent (Barron's) Some jobs aren't coming back (NYT) Spending is larger than the entire economy Could government end poverty? GMO on bonds Democracy has failed (if 60/40 continues to work) In defense of endowments SoftBank buying a lot of options Most people didn't touch their retirement accounts in the first quarter Rents are falling in expensive cities Not commuting is putting money back in pe
Indigo Marketing Agency
SEPTEMBER 9, 2020
I released my latest book, The Marketing Guide For Financial Advisors , about a year ago. It’s always nerve-racking to pour your heart and soul into a book because you never truly know what people will think. . But I’m happy to report that The Marketing Guide For Financial Advisors has received glowing reviews since its release. In fact, it has a perfect 5-star rating on Amazon.
Speaker: Sierre Lindgren
Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.
Expert insights. Personalized for you.
52 
Let's personalize your content