Retire Secure!

Who wouldn’t want to invest like Warren Buffett? He’s one of the most successful investors in the world, and yet, most people don’t follow his recommendations about where they should be putting their money. In this edition of The Lange Money Hour, we welcome nationally recognized investment expert Larry Swedroe, the author of the book Think, Act and Invest Like Warren Buffett: The Winning Strategy to Help You Achieve Your Financial and Life Goals. Like Warren Buffett, Larry believes that passive investing through index funds is the best path to prosperity, and he’s done the research to back it up. Larry is director of research for Buckingham Asset Management. Including the Warren Buffett book we’ll be talking about Larry's other books, including his latest, The Incredible Shrinking Alpha, and he’s working on book number 15 as well, called Your Complete Guide to Factor-based Investing. In this podcast you’ll learn a great deal about passive and active investing and how to get into that Warren Buffett mind-set.

TOPICS COVERED: Guest Introduction: Larry Swedroe, Author and Wealth Manager, Most Investors Do the Opposite of What Warren Buffett Advises

Warren Buffett’s Advice: If You’re Not Me, Invest in Passive Index Funds, It’s Possible, but Very Few Win the Loser’s Game of Active Management, With the Right Value Stocks, You Can Outperform Warren Buffett,‘Gross Profitability’ and ‘Equality Factor’ are Different from Earnings, The Importance of the ‘Profitability Factor’ in Index Funds, Small-Value Funds from the Bottom Third Capture More Premium, Beyond the Investments, You Need the Discipline to Withstand Bear Markets, Why the New Rules on Fiduciary Responsibility are Critical, Whoever Wins the White House in November Will Have an Effect on Investors

The Lange Money Hour welcomes back to the program Charlie Smith, executive vice president and chief investment officer of Fort Pitt Capital Group. Over the course of his 32-year career, Charlie has held leadership positions at several Pittsburgh regional investment firms, and he’s been a frequent lecturer and commentator on the economy and the market. You might have seen him on CNBC, or perhaps read his work in the Wall Street Journal. On this show among other things, we’ll talk about the big news that everybody’s been talking about, the Brexit vote, the implications for U.S. investors and what we can expect for the remainder of 2016 as a result. Plus, Charlie will talk about estimates of fair value for the U.S. stock market, what he thinks the Fed will do for the rest of the year, and his outlook for corporate earnings.

TOPICS COVERED: Guest Introduction: Charlie Smith, Brexit’s Trade Consequences, Brexit and the Market, Fair Value, Fiduciary Advisors and New Rules, Advice for Investors in the Accumulation Stage

Episode 172 - Preparing for the Death of the Stretch IRA with Jim Lange

Can investors spend more than the traditional 4% safe withdrawal rate in their 60s and 70s with the idea they are likely to spend less later in life? David Blanchett is on the cutting edge of this and many other financial issues. David provides a fresh look at the 4% safe withdrawal rate and has significantly different conclusions than Bill Bengen, the best known safe withdrawal expert in the world, who also appeared on The Lange Money Hour. This is a great show and very worth your time, especially if you are in your sixties or seventies. TOPICS COVERED: Guest Introduction: P.J. DiNuzzo, The Safe Withdrawal Rate, A Change in the Safe Withdrawal Rate?, How Long Can You Expect Your Money to Last?, Lump Sum of Annuity, The Best Asset Allocation, Diversification

Maximizing Long-Term Investment Profits with Dr. Roger Ibbotson. Roger G. Ibbotson is chairman and CIO of Zebra Capital Management, LLC, an equity investment and hedge fund manager. He is founder, advisor and former chairman of Ibbotson Associates, now a Morningstar Company. He has written numerous books and articles including Stocks Bonds Bills and Inflation with Rex Sinquefield (updated annually) which serves as a standard reference for information and capital market returns.

Episode 169 - Passing Your Wisdom and Values to Your Family: Ethical Wills with Susan Turnbull

Episode 168 - The Seven Costly Mistakes IRA Owners Make in Their Estate Plans with Matt Schwartz

Episode 167 - Burton Malkiel: A Random Walk Down Wall Street - Decades of Investment Wisdom

Episode 166 - Ed Slott’s Retirement Decision Guide, 2016

Episode 165 - Supporting the Four Corners of Your Financial House with P.J. DiNuzzo - Your financial house has four corners: legal planning, tax planning, financial planning, and investment planning. Take away one corner, or build it improperly, and your entire house could fall down around you. Having the strongest possible foundation for your family’s financial success means ensuring that all of these corners are fully supported. Want to enjoy your retirement to the fullest and leave a legacy behind for your heirs? It is important that your CPA, estate attorney, financial planner, and investment managers work as a team, at the highest level, to optimize your planning.