WEALTHSTEADING Podcast investing retirement money stock market & wealth

Episode 96:  Yesterday’s Fed press conference was no surprise.  The expected 4 part drama was yet again acted out for a mindless media.  (See http://www.investablewealth.com/good-news-is-bad-news-sp500-drops-below-50-dma/ ) Ignore the press coverage and focus on the fact that the Fed has yet again reduced their GDP growth forecast.  Their call for 2017 is a growth rate of ONLY 2.2%.  Such minuscule growth... Read more →

Episode 95:  Many listeners have asked about the consequence of losing a second income and having one spouse stay home to raise the children.  In this episode I mention some of the experiences my wife and I had in raising our six children.

Subscribe to the Wealthsteading Podcast:

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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.

Episode 94:  Volatility has returned sooner than I expected.  My profits from this run were eroding and so yesterday I liquidated almost all of my long positions.  I continue to be short Gold, Oil and also just yesterday initiated a short on S&P500 (when it dropped below its 50 day moving average).

In this episode I discuss the importance of having the discipline to sell and take profits (or a loss).

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.

Episode 93:  Many investors are deluding themselves with a false sense of asset allocation security.  Diversification is necessary but don’t be confused with simple schemes that promote security through bond funds.

A foolish formula is often used to determine bond fund allocation simply by age- promoting the false assumption that bond funds are without risk.  This has never been true and is even less true today because of prolonged acute & chronic central bank interest rate manipulation.

A large rise in interest rates will have a devastating impact on the principle held in bond funds.

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.

Episode 92:  If you want to make money in the stock market, learn to suppress your ego.  Overconfidence and arrogance result in blind spots that leave you vulnerable.  The market is defined by UNCERTAINTY…no one can predict the future.  Don’t ever forget that.

There are two sides to every trade.  Each trader thinks he’s correct.  Before you commit to making your transaction, re-think your logic and consider the rationale for the opposite trade.

Approach each trade as if you’re the dumbest guy in the market.  You’ll build both your humility and your wealth.

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.

Episode 92:  If you want to make money in the stock market, learn to suppress your ego.  Overconfidence and arrogance result in blind spots that leave you vulnerable.  The market is defined by UNCERTAINTY…no one can predict the future.  Don’t ever forget that. There are two sides to every trade.  Each trader thinks he’s correct.  Before you commit to making... Read more →

Episode 91:  The markets ended February nicely and volatility is down from the turbulence that was common at the beginning of the year.  I’ll be watching for stability and a base to form in March to decide when to sell and take profits.  I’m on-guard for things to fall apart when 1st Qtr earnings are released in April.

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.

Episode 91:  The markets ended February nicely and volatility is down from the turbulence that was common at the beginning of the year.  I’ll be watching for stability and a base to form in March to decide when to sell and take profits.  I’m on-guard for things to fall apart when 1st Qtr earnings are released in April. Subscribe to... Read more →

Episode 90:  Like a Rorschach inkblot test, Wall Street interprets Federal Reserve comments to fit their narrative.  Janet Yellen didn’t clarify when the Fed Fund rate would rise, so global markets are taking that as good news and generally moving up.

As always, watch the 10 year Treasury yield.  It’s again below 2%.  I’m assuming that baring an external shock, the markets will remain stable through March.  Turbulence will return as we approach April when 1st Qtr earnings will disappoint.  [Weak exports, unfavorable exchange rates, decline in Energy sector profits, and payroll headwinds at retailers like WalMart.]  The summer should be rough with the Greece bailout extension expiring and a Fed Funds rate hike looming.

Oil popped today- in this episode I’ll discuss why I’m still short.

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.

Episode 89:  Today’s show answers listener questions about investing a small portfolio.  This is a follow up to Episode 16: Saving vs Investing.

My philosophy is much different than most in the Investment Industry- I don’t think you should Invest until you’ve built a substantial Savings nest egg.  You should first learn to EARN (ie get a job or start a business), then SAVE, then INVEST.

Put your effort into what has the most payoff- which in the beginning will be EARNING and SAVING.  The Investment Industry wants you to “invest” so that they can charge you fees.  The deck is stacked against people with small portfolios.

Everyone asks me how to make a good $1k investment…but no one ever asks where they can buy a nice BMW with $1k.  Because they KNOW you can’t buy a nice BMW with a small sum of money…the same is true of investment opportunities.

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.