WEALTHSTEADING Podcast investing retirement money stock market & wealth

Episode 167:  Today the S&P500 closed near support at 1850, which is my delineation between the likelihood of a Correction or a full blown Bear market.

(see:  http://www.investablewealth.com/correction-or-bear/   )

We’ll have to wait and see how this works itself out.  Now is not the time to panic, a prudent investor would have already taken precautions.  In this episode I draw the analogy of checking the flashlight batteries before the lights go out.

It’s also important to remember that there is nothing new effecting this market.  As a refresher, listen to the below previous episodes to understand what’s causing this correction and ways to deal with it:

12/1/14  #50- Reality of the strength of the US Dollar

https://www.wealthsteading.com/50

6/6/15  #116- Oil small fluctuation in supply (part 1)

https://www.wealthsteading.com/116

6/8/15  #117- Oil small fluctuation in supply (part 2)

https://www.wealthsteading.com/117

7/12/15  #124- China’s 3 strikes

https://www.wealthsteading.com/124

9/2/15  #133- What are you learning from this market correction?

https://www.wealthsteading.com/133

9/13/15  #138- Build watch list during market correction

https://www.wealthsteading.com/138

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano.  The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 166:  What’s going to happen in the stock market this year?  I have NO IDEA…and neither does anyone else.  Beware of those that claim they do!

Since I can’t provide you with a forecast, I’ll give you a no-cast covering my thoughts on what’s happening in the current market correction.  And also discuss the importance of historic data and simple moving averages.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 165:  During this time of market turmoil, I think this is a good opportunity to forget about the stock market and tell a story.  And what’s better than a detective story?

People often ask what I recommend they read to learn more about investing…perhaps the best recommendation I can give is a detective story.

WHAT?  That’s right and in this episode we’re going to discuss the foundation of every detective story and that’s MOM- Method…Opportunity…Motive.

When you understand MOM, you’ll understand situational awareness and pattern recognition…which are the essence of trend following swing trading.  In fact, MOM helps with all areas of life- business, sales, education…it all comes down to Method-Opportunity-Motive.

As to a good detective story, I’m old school, I don’t think it gets much better than Nero Wolfe.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 164:  The stock market is sitting on a razor’s edge…will it recover and rally up or is it doomed for a bear market?  It’s likely to have a relief rally briefly before it drops to new lows.  BUT NO ONE KNOWS FOR CERTAIN.

The market is at an inflection point, full of uncertainly and there is no safe place to hide:

* GOLD: The fear index is up but Gold can’t get much above $1100.

* OIL: There’s trouble in the Middle East with the Saudis and Iran but Oil is below $32.

* COMMODITIES: In general, I believe we’ll see commodities regress back to the mean of pre-Housing Boom prices, ie average prices prior to 2005.

* US DOLLAR: Countries throughout the world are devaluing their currency and yet the Dollar index can’t break above 100.

* TREASURES: Despite Fed tightening, the 10yr yield is under 2.15% but if you buy TLT you’re in effect “fighting the Fed”.

* EARNINGS: Corporate earnings and GDP growth continue to be revised down but the market continues to trade at high valuations.

* SENTIMENT: The Bears have a slight edge on the Bulls but professional buying of the “dip” seems to be waning.

* VALUE: Defensive value stocks are trading at extremely high valuations- MO 21PE; PG 19PE.

* LEADERSHIP: Google, Facebook, Disney, Tesla…are fading.

* SMALL CAP: The Russell 2000 has fallen below the August flash crash and is testing the lows from the Oct 2014 correction.

* FOREIGN: Europe, Japan, and Emerging markets are all reeling.

Keep watch on GROWTH in China…not their stock market.  Oil is likely to drop well below $30 before stabilizing at around $45 once the Chinese economy is steady.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 163:  Although I’m an “active” trader, I traded very little in 2015 because I was concerned about the bottom falling out of the stock market.  This was of special concern because the S&P500 had not broken below its 50 day moving average since 2011 but the top appeared to be flattening.

In this episode I reflect on the trades I made in 2015 and emphasize the point that being an active trader doesn’t mean that you should irresponsibly trade or speculate in uncertain markets.

KEY POINT: Making the decision NOT TO TRADE is a trade.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 162:  In this episode I discuss why you should not only consider Risk but also Alpha.

Alpha is the measurement of performance on a risk adjusted basis.  As a simple (and graphic) illustration, consider the risk/reward associated with the game of Russian Roulette.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 161:  The stock market has more to do with human nature than it does with balance sheets.  That’s why attitude and motivation are so important.  The power of positive thinking can’t create money out of thin are, but the right attitude can provide you with a competitive edge that puts you over the top.  It’s important in the stock market, as an employee or an entrepreneur.

In this episode I reflect on the movie CREED and what we can learn from Rocky-

* One step, one punch, one round at a time…just like my mantra of Earn, Save, Invest

* Look in the mirror, that’s the toughest opponent you’ll ever face

Here’s a picture of my daughter and me getting motivated at CREED:

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 160: Much as been made about the demographic decline that is occurring as Baby Boomers age and move into retirement and eventual death.  This is a global phenomenon.

I pay close attention to demographic trends and I have spoken often about how low birth rates are stunting global growth.  HOWEVER, I’m not apocalyptic…I leave that to guys like Harry S Dent (The Demographic Cliff) that have made a career of predicting  demographic spurred economic collapse.

In this episode I discuss the Baby Boom issue but also stress the concept that there are two sides to every trade…and the successful investor will optimistically look for opportunity and not dwell in pessimism.

The key to success is being able to Observe and Adapt, this applies to all endeavors- investing, employment and entrepreneurship.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 159: Market volatility continues ahead of this week’s Fed FOMC meeting.  Ignore the media hysteria on interest rates, instead focus on growth (or the lack of) in China.  This is a reference episode, where I discuss current market conditions by referring back to previous shows that cover these intricate factors in detail.  Bottom line, there are no easy answers or formulaic solutions.  I use simple methods to chart stocks but my conclusions are restrained by the cold hard fact that the world is a complex place- no one can predict the future !!!  So don’t DELUDE yourself or allow yourself to be swindled by an “expert”.  As I’ve said for most of this year- the safest place to be is in CASH…this is not a recommendation but rather my personal POSITION.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 158: (Part 2) Bad news is again good news on Wall Street…the indexes were up 1% yesterday on news of slowing US manufacturing and the hint of more stimulus from the European Central Bank…after Fed comments about a strong economy the market was down 1% today.

The IMF will include the Chinese Yuan (RMB) in their basket of currencies…and why shouldn’t they?  China is the world’s second largest economy but the Yuan accounts for only about 3% of currency transactions.  Ignore the gloom & doom prognosticators that spread fear about the US Dollar losing its status as THE reserve currency- the US Dollar is at an 8 month high and headed higher [I remain long the US Dollar.]  For the foreseeable future, English will remain the global language of choice and the US Dollar will remain the currency.  [Bitcoin or another crypto currency is more likely to replace the US Dollar than the Yuan.]

Brick & Mortar Retail sales were flat and online sales up…that shouldn’t be a surprise to anyone but the Media that want to hype the obvious.

US Manufacturing is slowing and at its lowest level since 2009 (as is Gold)…Wall Street closed UP on the bad news- sure of more easy monetary policy from the Central Bankers.

Doc Gunn review of Foxy Tuck holster:

http://libertyfoxdefense.com/doc-gunn-reviews-foxy-tuck-holster/

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

————————————————————-

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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