WEALTHSTEADING Podcast investing retirement money stock market & wealth

Episode 72:  Extreme volatility continues to rock the stock market.  The battle being waged is a tug-of-war between whether lower oil prices will be good or bad for the economy.  That’s what we discuss in today’s episode- short term pain and long term gain (if oil prices stabilize lower). $600/oz gold?  To read my commentary on Oil’s effect on Gold... Read more →

Episode 71:  When it comes to identifying profitable tends, I believe the best tell to watch for are market anomalies.  Look for what’s different, an oddity…what’s not congruent.  An historic ratio that’s out-of-line, or a market leader that’s lagging.

Anomalies can act as an early warning indicator of a change in market conditions.

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 70:  If you’re not a regular user of your public library, do yourself a favor and go for a visit.  Have the librarian explain what resources are available to you FREE of charge through digital downloads and inter-library loan.

Just about every book ever published is available in hardcopy via inter-library loan.  It may take a few weeks to receive, but if you have the time you can save a lot of money if you’re a voracious reader (which you should be).

You’ll also be pleasantly surprised at the amount of subscription based info that you’ll have free access to.

To locate a book in a nearby library checkout:   http://www.worldcat.org/

Once you’ve read a book that you’ve found to be of value, then consider buying it to have as a reference or just to show your appreciation to the author.

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 69:  Highlights of people’s impressions of Obamacare and possible investment opportunities are covered.  Also discuss the upcoming Supreme Court review.

In my opinion, Obamacare made a bad system worse.  I believe what is needed is to remove the third party payer (insurance or government) and establish a market based system- similar to elective medical procedures that are largely paid for by the consumer out-of-pocket: plastic surgery, Lasik, etc.

The system is so broken that even if the government doesn’t reform it, some market forces will prevail.  I envision a time when people will carry only catastrophic insurance and will travel for elective treatments and surgery- “medical tourism” to India, Mexico or yet established redoubts like Indian Reservations or Cruise Ships.

Check out Surgery Center of Oklahoma for what a market based hospital would look like:  http://www.surgerycenterok.com/pricing/

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 68: The market has been down the past four trading sessions, not a good way to start off the year.  Both the S&P500 and NASDAQ are trading below their 50 day moving average.

My opinion is that this is more about the state of the global economy than about the price of oil.  Today 10 year Treasuries hit 2.04%, that’s a sure sign of fear.  Watch to see if the S&P500 can stay above 2016.  If not, 1972 is the next stop on the way to the 200 day moving average at ~1955.

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 67: The number one mistake in failing to build wealth is not saving enough.  Number two is making poor investment decisions.  The financial industry wants everyone to think they’re an investors…so that they can charge you fees.  Most people shouldn’t be classified as investors…first you must EARN and then SAVE.

Don’t be conned or hoodwinked into bad investment choices that aren’t appropriate for you or that are “too good to be true”.  You’re not Warren Buffett, don’t kid yourself.  Earn, save, and educate yourself before you consider investing.

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 66:  I want to end the year by stressing Wealth Building Principle #2- Live Debt Free.  Before you can be an investor, you must first be an Earner and then a Saver.  It has to occur in that order.  The two largest ticket items for most people are their house and their car- if you can control your spending on these two items you can build wealth rapidly.

In this episode I discuss the advantage of keeping your old car on the road.

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 © 2014 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 65:  The normalizing of relations with Cuba will ultimately provide solid returns for shrewd investors.  The country has rich resources and with a population of 11 million people and GDP of just $72 billion, they have potential for sustained long term growth.

In this episode I stress the need to be post-political.  At a high level we discuss future potential investment opportunities in Cuba.

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 © 2014 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 64:  Energy sector jobs have been a bright spot since the recession…will that trend continue?  Maybe not.  High tech jobs are seeing a rotation but if you’re tech savvy and flexible you should do fine.

Today we discuss taking an entry level job and moving up from there.

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 © 2014 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 63:  The Sony security breach was unprecedented and regardless of who was responsible for the attack, the vulnerability should have sent fears throughout global stock markets.

It’s now plainly evident that EVERY corporation, government, and institution is VULNERABLE to a loss of non-public information.  If attacks persist, this will cripple all commerce.  In World War II the security slogan was, “loose lips sink ships”.  In the 21st century it will be: cyber attacks sink the economy.

Much was made about the celebrity gossip revealed in the private emails and politicians tried to score points for their side as to who was standing tough and who was an appeaser.  The “blackmail” about not releasing the movie “The Interview” was a side show.

The real damage is the catastrophic loss of private information.  [Wikileaks, Snowden, Iranian centrifuges, Petraeus emails, now Sony…anybody see a trend?]

Other than a rally in a few cyber security stocks, the market had no perceived reaction.  At least on the surface.  I have to believe that every corporate executive realizes the severity of the situation and is coming to the conclusion that not much can be done to prevent a persistent attacker.

I wouldn’t be surprised if after the holiday cheer wears off, the harsh reality of the situation sobers the market up to a pullback.  Be nimble with your investments.

If you’re not familiar with the extent of cyber spying, Google:  REGIN

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 © 2014 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.