Steady Wealth Podcast

The bond market isn’t really on the radar of retail investors. What has caught people’s attention is that portfolios are down. With the bond market being much bigger than the equity market, is now the time to buy bonds? Most retirement plans have bonds, with the general suggested allocation being 60% equities to 40% fixed income, adjusting with age. Whether issued by the US treasury or a corporation, chances are bonds are already a part of your portfolio. While it’s difficult to answer this question with a straight yes or no, Serge can make a good case that it is, if you focus on the right part of the yield curve.

We can all agree that the economy is slowing, but you have to consider that it doesn’t turn on a dime. The Fed is doing the largest financial tightening move in recorded history, and many are asking why bonds haven’t rallied yet. It has to do with the volatility of the market. The hawkish tone of the Fed has scared people away from the bond market. Serge thinks this is about to change, possibly over the next quarter. If we keep our eye on the 10-year part of the yield curve, Serge thinks it very well could be a buy year. If you’re interested in daily investment update videos, sign up at thesteadytrader.com.

What You’ll Learn:

Favorite Quote:

“The Fed is doing the largest financial tightening move in recorded history.” -Serge Berger

The question on every trader and investor's mind as we head into autumn is, has the stock market bottomed? Both for 2022, and in general. We’re going to paint a good picture for perspective, because you can’t just ask what to buy and sell without having a good overall perspective. In Serge’s opinion, we’re just about to head into the second half of the bear market ballgame, with a focus on economic deterioration.

Both Europe and the US are seeing very poor consumer confidence. We do still see people spending with inflation on the rise, but it’s important to understand that consumer spending doesn’t turn around on a dime. By the end of the year, we’ll probably see a sharp downturn. This trend will also affect the housing market pretty drastically. To stay on top of these trends and new ones as they arise, make sure to sign up for the free newsletter at thesteadytrader.com.

What You’ll Learn:

Favorite Quote:

“One of my goals in this show is to make economic data not sound boring.” -Serge Berger

Consistency is key, and the host of the How To Trade It Podcast, Casey Stubbs, is here to share why. First, you have to be able to define consistency as it relates to trading. For Casey, it means having a very clear process, and following it day in and day out. He tends to grade himself on how consistent he was over the actual outcome. With a long term plan, as long as you’re consistent, you’re going to see improvements.

That’s not to say that different markets won’t change the way you trade. That also doesn’t mean you swing at every pitch. Pass on everything until what you’re really looking for comes along, and then attack it with consistency. When trading, it’s just you and that’s it. You have to hold yourself accountable. It takes integrity to stick to your process.

What You’ll Learn:

Favorite Quote:

“You can’t be consistent in a series of desperation.” -Casey Stubbs

How to Connect:

To learn more about Casey and his podcast, visit Trading Strategy Guides.

Here to discuss the top three investor and trader mistakes, is Serge’s partner from Blue Marlin Advisors, Brian Terry. When thinking about the top mistakes, both men came up with the same three. One thing these mistakes have in common is psychology and minimizing emotions. With trading being more of an art than a science, Serge has found that people with a strong academic background tend to struggle the most, as they’re more by the book. Luckily, all three of these mistakes can be fixed.

The first mistake has to do with patience. No one can expect to become a great trader overnight. It takes a commitment of time, energy, and learning from your mistakes. Resist the urge to jump in immediately, take the time to develop a plan, and make calculated decisions. Next up is risk management. It’s all about position sizing and managing what you have at risk. Once again, without a plan, every decision becomes emotional. Last, but not least, is being macro-aware. You must understand where we are in the business cycle. After all, it’s the dog that wags the tail, not the other way around.

What You’ll Learn:

Favorite Quote:

“The more you know about the macro condition of the economy, what cycle we’re in, the better trader you’ll be.” -Brian Terry

There’s no doubt about it, we’re in a bear market.  Accepting that is half the battle. The other half lies in looking at the bigger picture and not panicking.  We all know that’s easier said than done, as people understandably react emotionally when it comes to their money. We can build a better perspective when we understand that history tends to rhyme rather than repeat.

With the average duration of a bear market being 11 months, Serge predicts this one will have an above average duration and depth. Only 5 months into it, we could be looking at another year before a rebound. It’s easy to make rash decisions, but focusing on the big picture and staying the course is probably your best bet. Serge goes over the dos and don'ts of both investing and trading during this volatile time.

What You’ll Learn:

Favorite Quote:

“Most people have shiny object syndrome.”

-Serge Berger

We’ve been in a bull market for 10 years, with free money being the tail wind for investors.  That era has now ended and investors are feeling the pain.  As we come to this critical juncture, the Steady Wealth Podcast is here to discuss the realities of the market. Things are more complex than meets the eye, but we have the insights that will make things a bit easier.  The key is in being realistic and not turning a blind eye to the real risks.

Over at thesteadytrader.com, we use a repeatable process that’s tried and true.  Most people are using an unsustainable way of investing.  They’re focusing on single factor analysis when they should be focused on the big picture.  There are a couple of big things that actually move the market, and our future guests will have great insights on those things. Together, we’ll break through the noise to get dialed in on the things that truly matter.

What You’ll Learn

Favorite Quote:

“The longer one believes it’s easy to make money in the market, the longer one stays in denial.” -Serge Berger

Whether you’re a new or seasoned investor, the market can be a complicated place. Your host, Serge Berger, has 20+ years of experience in the market, and is currently the head trader and investment strategist at www.thesteadytrader.com. Through this podcast, you’ll get great insights from guest speakers from around the market.  Together, we’ll focus on the big picture, and what truly makes the market tick.  During this critical juncture in the market, you’ll want to have the cutting edge that the Steady Wealth Podcast will give you.