Sat.Jan 22, 2022 - Fri.Jan 28, 2022

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Some Thoughts on Robinhood

The Irrelevant Investor

Robinhood is going to open up down 88%* from its all-time highs. This is equivalent to what the Dow lost during The Great Depression. That happened in just under three years. Robinhood did it in six months. What a disaster. On Robinhood's conference call yesterday, the CFO said: Over time, I'd like to see us having a working capital structure, a capital structure that is more balanced between debt and equity.

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Mazuma Announces $10K Giveaway Winner, New Competition for 2022

MazumaBusinessAccounting

After a tight competition that included nearly 300 small business owners, Mazuma USA is thrilled to announce the winner of our first-ever $10K giveaway: Bruce Bassi, founder of TelepsychHealth. Dr. Bassi started TelepsychHealth in 2018 to improve access to mental health services, providing patients with the resources, support, and help they need when and where they need it.

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Will Inflation Hurt Stock Returns? Not Necessarily.

ClearMoney

The following is provided by Dimensional Fund Advisors.

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Reader Case Study: Is it Okay to Subsidize my Spendypants Adult Children?

Mr. Money Mustache

It has been a good while since we’ve done a reader case study here on MMM, but that hasn’t stopped them from arriving in my inbox. And since 2022 is becoming a year of interesting financial changes, it’s time to spark things up again, go back to our roots, and start covering some of the many subjects that are cropping up in this latest incarnation of our economic world.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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There’s Blood in the Streets

The Irrelevant Investor

Earlier in the week we* wrote about how quickly the market moves these days. Not surprisingly, this is having a measurable impact on investors' psyche, and their portfolio. On Monday, Bloomberg highlighted the wave of panic selling: In a spasm of panicked selling early Monday, retail investors offloaded a net $1.36 billion worth of stock by noon, most of it in the first hour, according to data compiled by JPMorgan Chase & Co. strategist Peng Cheng.

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New Hampshire increases BPT filing threshold amount to $92,000

Steve Feinberg

Beginning with tax periods that end on or after December 31, 2022, business taxpayers with gross sales of $92,000 or less are NOT required to file a Business Profits Tax return. Previously, this was $50,000. This is an obvious planning opportunity for small businesses that will no longer have to pay to prepare a New Hampshire return, since it’s no longer required.

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How to Play Stock Market: Risk-Free

The Richer Geek

I'm very happy to have Myles Gage with us today. He's the co-founder, Chief Marketing Officer of Rapunzl Investments. It is a mobile application that allows individuals to simulate stock portfolios for you utilizing real-time market data. Myles has been an advocate for encouraging young people to invest in the stock market given his exposure to learning about it in elementary school where he won stock trading competitions and even got to hold Warren Buffet's wallet once!

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It Really is More Volatile

The Irrelevant Investor

We've been talking a lot on the podcast about market volatility. A listener emailed us with an interesting take: "I am inclined to think that we all went through quite a volatile period in our personal lives over the last few years and are now projecting that onto our views of the market without any concrete evidence." If you're not watching the market between the hours of 9:30-4, it might not seem like the market is acting all that unusual.

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Not for profit fundraising

Accounting for Good

The post Not for profit fundraising first appeared on ACCOUNTING FOR GOOD.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Stock Market Correction: Finally!

Dear Mr. Market

Dear Mr. Market: Finally. It’s here… a bonafide stock market correction. What’s also almost here is Groundhog Day…but more on that in a minute. For those of us with short memories we’ll have to do the necessary preamble and small talk refresher on what this is. For those of you who remember what you did (or were supposed to do/not do) during the last correction, here we go again.

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How to Communicate With Your Clients About Market Volatility (Free Template)

Indigo Marketing Agency

It’s been a wild ride on Wall Street this week! Monday’s market dip almost put the S&P 500 down over 10%. Investors are worried about their portfolios and their purchasing power. But as a financial advisor, how should you communicate with your clients about market volatility? And can you use the events to find opportunities to get new clients?

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What Selloff?

The Irrelevant Investor

Retail traders panicked yesterday. Not all, obviously, but they dumped their shares as a group. Here's Bloomberg : In a spasm of panicked selling early Monday, retail investors offloaded a net $1.36 billion worth of stock by noon, most of it in the first hour, according to data compiled by JPMorgan Chase & Co. strategist Peng Cheng. By his estimate, share disposals were 3.9 standard deviations heavier than the full-day average in the previous 12 months.

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Best Content Marketing Examples for Financial Advisors

Advisor Websites

Getting noticed when marketing your services online can be a challenge for any industry, including the financial sector. With over 218,000 personal financial advisors in the U.S. and more than 250,000 in Canada it's easy to get lost in the shuffle, especially if you don't have a content marketing strategy in place. Quite literally, there are thousands of financial advisors just like you who are vying for that high ranking on Google in a world where location and proximity no longer matter.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Animal Spirits: A Lightning-Fast Correction

The Irrelevant Investor

Today’s Animal Spirits is brought to you by Groundfloor. Download the Stairs app here On today’s show we discuss: Why this market is like the Go-Go years Will there be a recession in the second quarter? Warren Buffett is washed up, LOL Grantham is bearish. Seriously this time. Grantham in 2013 18 charts that explain the economy Bitcoiners are underwater Bitcoin is not an inflation hedge.Or is it?

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Do Less or Do More

The Irrelevant Investor

Markets amirite? ARKK was down 9% in the morning and finished up ~3% on the day. The Russell 2000 was down more than 2.5% in the morning and finished up more than 2%. This is pretty rare. As you can see on the chart below, it's happened near or at previous bottoms, like 2002 and 2020. But its also happened near, well, not bottoms, like 2007 and 2008.

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Reframing Volatility

The Irrelevant Investor

It's hard to stay optimistic when you're losing money. When markets get volatile, we often hear people say, "ignore the noise." But telling people to ignore the noise is telling people not to be people. It's not practical advice. It's important to contextualize short-term losses, but we can do better than this. Morgan Housel spoke about this idea, helping to reframe how we think about bear markets and recessions.

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The Market is an Expensive place to Find Out Who You Are

The Irrelevant Investor

This market is savage. The index finally cracked, but many individual names are splattered on the cement. The last time stocks gave up intraday gains like this was during the dotcom bubble. Here's an extreme example of the carnage. In early November, Peloton was down 50% from the highs before reporting earnings. It fell 35% that day after a dumpster fire of a report.

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

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These Are the Goods

The Irrelevant Investor

Articles Supply is a b h (By Howard Lindzon) Great quarter guys ( By Marc Rubinstein) In 1959, the average family spent 19 percent of their budgets on food. That fell to 7 percent in 2019 (By Timothy B. Lee) Working for mysterious billionaires with a “go anywhere” strategy seemed exciting. (By Frederik Gieschen) There are two main reasons why people sell investments: because they’re up and because they’re down.