Money For the Rest of Us
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Why most households are in better financial shape than prior to the pandemic, but remain frustrated at their lack of economic progress. Topics covered include: __ __ SPONSORS Betterment – the automated investing and savings app https://www.betterment.com/ Long Angle https://www.longangle.com/ is a private community of 2,500 very high net worth investors who leverage their collective expertise and scale to access and underwrite some of the world’s best alternative asset investments. Learn more here. https://www.longangle.com/ INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES Surveys of Consumers—University of Michigan https://data.sca.isr.umich.edu/ Consumer sentiment climbs amid split views on business outlook—University of Michigan https://news.umich.edu/consumer-sentiment-climbs-amid-split-views-on-business-outlook/ The Purchasing Power of American Households—U.S. Department of the Treasury https://home.treasury.gov/news/featured-stories/the-purchasing-power-of-american-households Unemployment Rate—St. Louis Fed https://fred.stlouisfed.org/series/UNRATE We Still Don’t Believe How Much Things Cost by Rachel Wolfe and Rachel Louise Ensign—The Wall Street Journal https://www.wsj.com/economy/consumers/grocery-prices-inflation-coffee-milk-903aead6 It’s Been 30 Years Since Food Ate Up This Much of Your Income by Jesse Newman and Heather Haddon—The Wall Street Journal https://www.wsj.com/economy/consumers/its-been-30-years-since-food-ate-up-this-much-of-your-income-2e3dd3ed Consumers are increasingly pushing back against price increases — and winning by Christopher Rugaber—Yahoo! Finance https://finance.yahoo.com/news/consumers-increasingly-pushing-back-against-235757139.html Kraft Heinz ups ad spend, changes leadership by Christopher Lombardo—Strategy https://strategyonline.ca/2023/11/01/kraft-heinz-ups-ad-spend-changes-leadership/ Many Americans Believe the Economy Is Rigged by Katherine J. Cramer and Johnathon D. Cohen—The New York Times https://www.nytimes.com/2024/02/21/opinion/economy-research-greed-profit.html Covid-19 Coronavirus Pandemic—Worldometer https://www.worldometers.info/coronavirus/ RELATED EPISODES 380: How Stories Drive Our Happiness and Financial Success https://moneyfortherestofus.com/380-stories/ 294: How Stories Go Viral and Drive Economic Events https://moneyfortherestofus.com/294-narrative-economics/ 286: Coronavirus and the Financial Impact of Pandemics https://moneyfortherestofus.com/286-coronavirus-the-financial-impact-of-pandemics/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
How to use covered call and buy-write strategies to generate income while understanding the risks and having realistic return expectations. Topics covered include: __ __ SPONSORS Long Angle https://www.longangle.com/ is a private community of 2,500 very high net worth investors who leverage their collective expertise and scale to access and underwrite some of the world’s best alternative asset investments. Learn more here. https://www.longangle.com/ NetSuite https://netsuite.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ INVESTMENTS MENTIONED JP Morgan Equity Premium Income ETF (JEPI) JP Morgan Equity Premium Income Fund (JEPIX) Global X NASDAQ 100 Covered Call ETF (QYLD) Global X S&P 500® Covered Call ETF (XYLD) iShares 20+ Year Trs Bd Buywrt Stgy ETF (TLTW) WisdomTree PutWrite Strategy Fund (PUTW) RELATED EPISODES 467: Unraveling the Truth About ETFs: Benefits, Analysis, and the Indexing Bubble Myth https://moneyfortherestofus.com/467-etf-analysis/ 418: Bond Investing Masterclass https://moneyfortherestofus.com/418-bond-investing-masterclass/ 321: How to Analyze Complex Investments https://moneyfortherestofus.com/321-complex-investments/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
A primer on how the economic engine works through coordination between savers, investors, consumers, producers, governments and banks. How hoarding and unfair competition can lead to economic distortions. Topics covered include: __ __ SPONSORS Betterment – the automated investing and savings app https://www.betterment.com/ LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs https://linkedin.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES Wait, Is Saving Good or Bad? The Paradox of Thrift—The Federal Reserve Bank of St. Louis https://www.stlouisfed.org/education/page-one-economics-classroom-edition/wait-is-saving-good-or-bad-the-paradox-of-thrift Rents: How Marketing Causes Inequality by Gerrit De Geest—Beccaria Books https://www.barnesandnoble.com/w/rents-gerrit-de-geest/1129280545 FTC Challenges Kroger’s Acquisition of Albertsons—Federal Trade Commission https://www.ftc.gov/news-events/news/press-releases/2024/02/ftc-challenges-krogers-acquisition-albertsons The Lifespan of Large Appliances Is Shrinking by Rachel Wolfe—The Wall Street Journal https://www.wsj.com/personal-finance/the-lifespan-of-large-appliances-is-shrinking-e5fb205b RELATED EPISODES 288: Will Early Retirements Crash the Economy? https://moneyfortherestofus.com/288-will-early-retirements-crash-the-economy/ 222: Why We Overpay and How It Contributes To Income Inequality https://moneyfortherestofus.com/222-overpay-leads-income-inequality/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Berkshire Hathaway doesn't pay a dividend, its cash pile keeps growing, and Buffet says it's gotten too big to make acquisitions that can impact the company. Meanwhile, utility ETFs have a steady 3.5% dividend yield. Which will be the better-performing investment going forward? Topics covered include: __ __ SPONSORS Shopify https://shopify.com/david - Sign up for a $1 per month trial period NetSuite – Get your free KPI checklist https://netsuite.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES Berkshire Hathaway 2023 Shareholder Letter https://www.berkshirehathaway.com/letters/2023ltr.pdf The Man Preparing for a Berkshire Hathaway Without Warren Buffett by Justin Baer—The Wall Street Journal https://www.wsj.com/finance/greg-abel-berkshi Warren Buffett admits Berkshire Hathaway’s days of ‘eye-popping’ gains are over by Eric Platt—The Financial Times https://www.ft.com/content/1a6f4bd9-b9c7-462e-8152-4ee52a41fba0 Active vs Passive Investment Management Barometer Report—Morningstar https://www.morningstar.com/lp/active-passive-barometer Buffett sounds wildfire alarm as utilities industry enters new era by Eric Platt and Myles McCormick—The Financial Times https://www.ft.com/content/9619f503-6fd5-4256-8a5a-09eeebd08692 Paying for Electricity in California: How Residential Rate Design Impacts Equity and Electrification—Next10 https://www.next10.org/publications/electricity-rates-2 INVESTMENTS MENTIONED Berkshire Hathaway Inc Class B (BRK.B) Vanguard Utilities ETF (VPU) RELATED EPISODES 466: Does Dividend Investing Still Work? https://moneyfortherestofus.com/466-does-dividend-investing-still-work/ 463 Plus: Model Portfolios, UK versus US Valuations, MCI Premium, and MFD Proxy Battle https://moneyfortherestofus.com/plus-episodes/463-plus-model-portfolios-uk-versus-us-valuations-mci-premium-and-mfd-proxy-battle/ 444: Natural Disasters: Are They Truly Increasing? https://moneyfortherestofus.com/444-natural-disasters/ 242: Should You Let Warren Buffett Manage Your Money? https://moneyfortherestofus.com/242-buffett/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Japan's stock market recently exceeded the all-time high first set in December 1989. That's 34 years of zero price appreciation for the stock market. What drove this lackluster performance, will it continue, and what can we learn from it? Topics covered include: __ __ SPONSORS Monarch Money – Get an extended 30-day free trial https://monarchmoney.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES Japan’s Nikkei 225 index eclipses record high after 34 years by Leo Lewis—The Financial Times https://www.ft.com/content/8b982ad2-8923-4f48-adc6-946c10964657 Investors eye further gains after Nikkei breaks through 1989 high by Leo Lewis and Kana Inagaki—The Financial Times https://www.ft.com/content/cc01869c-02fb-4bf7-8e63-883da7153db4 RELATED EPISODES 235: What If Home Prices Always Declined https://moneyfortherestofus.com/235-home-prices-always-declined/ 178: Japan and the Impact of A Shrinking Population https://moneyfortherestofus.com/178-japan-impact-shrinking-population/ 73 Plus: Investing In Japan https://moneyfortherestofus.com/plus-episodes/mny073-plus-investing-japan/ 38 Plus: Time Wealth and Japan https://moneyfortherestofus.com/plus-episodes/mny038-plus-time-wealth-japan/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
How the ETF market is changing, why ETFs should be your preferred investment vehicle, and how to analyze ETFs to generate better investment performance. Topics covered include: __ __ SPONSORS Long Angle https://www.longangle.com/ is a private community of 2,500 very high net worth investors who leverage their collective expertise and scale to access and underwrite some of the world’s best alternative asset investments. Learn more here. https://www.longangle.com/ NetSuite – Get your free KPI checklist https://netsuite.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES Global Fund Flows Dominated by Fixed-Income and ETFs—Morningstar https://www.morningstar.com/lp/global-asset-flows-report It’s Official: Passive Funds Overtake Active Funds by Adam Sabban—Morningstar https://www.morningstar.com/funds/recovery-us-fund-flows-was-weak-2023 ETF Issuer League Tables—VettaFi https://etfdb.com/etfs/issuers/ Global ETF Market Facts: three things to know from Q3 2023 by Samara Cohen—iShares https://www.ishares.com/us/insights/global-etf-facts Rise of Passive Investing - Effects on Price Level, Market Volatility, and Price Informativeness by Pawel Bednarek—SSRN https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4551509 INVESTMENTS MENTIONED SPDR® S&P 500® ETF Trust (SPY) JPMorgan Equity Premium Income ETF (JEPI) Avantis US Small Cap Value ETF (AVUV) RELATED EPISODES 426: Which is Best – Active or Passive, ETFs or Funds? https://moneyfortherestofus.com/426-kristof-gleich/ 321: How to Analyze Complex Investments https://moneyfortherestofus.com/321-complex-investments/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Stocks that grow their dividends have outperformed non-dividend-paying stocks over the long-term, but not in the past 5, 10, and 20 years. Why are non-dividend paying stocks outperforming dividend growers, and will it continue? Topics covered include: __ __ SPONSORS LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs https://linkedin.com/david Betterment - the automated investing and savings app https://www.betterment.com/ INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES The dividend puzzle by Fischer Black—The Journal of Portfolio Management https://www.fecos.nfkatzke.com/Papers/Dividend_Puzzle.pdf Can Dividend Investing Rise From the Dead? by Jon Sindreu—The Wall Street Journal https://www.wsj.com/finance/investing/can-dividend-investing-rise-from-the-dead-8da3ddfc Einhorn Says Markets ‘Fundamentally Broken’ By Passive, Quant Investing by Matthew Griffin—Bloomberg https://www.bloomberg.com/news/articles/2024-02-08/david-einhorn-says-markets-fundamentally-broken-by-passive-quant-investing?leadSource=reddit_wall Your Mutual Fund Stinks. Can This Wall Street Invention Change That? by Jason Zweig—The Wall Street Journal https://www.wsj.com/finance/investing/your-mutual-fund-stinks-can-this-wall-street-invention-change-that-73e86075 Asset Camp https://assetcamp.com/ INVESTMENTS MENTIONED WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) WisdomTree Emerging Markets High Dividend ETF (DEM) Vanguard Dividend Appreciation ETF (VIG) iShares Core S&P 500 ETF (IVV) RELATED EPISODES 429: Which Inflation Protection Strategies Worked and Which Didn’t? https://moneyfortherestofus.com/429-inflation-hedges/ 342: Is Another Great Inflation Coming? https://moneyfortherestofus.com/342-is-inflation-coming/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Humans are wired to feel regret. Here's how to learn from financial regret to become a better investor. Topics covered include: __ __ SPONSORS NetSuite – Get your free KPI checklist https://netsuite.com/david Long Angle https://www.longangle.com/ is a private community of 2,500 very high net worth investors who leverage their collective expertise and scale to access and underwrite some of the world’s best alternative asset investments. Learn more here. https://www.longangle.com/ Money for the Rest of Us listener survey https://moneyfortherestofus.com/survey/ INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets by Nassim Nicholas Taleb—Penguin Random House https://www.penguinrandomhouse.com/books/176225/fooled-by-randomness-by-nassim-nicholas-taleb/ RELATED CONTENT 448: Where Are Interest Rates Headed Next? Insights from the Jackson Hole Symposium https://moneyfortherestofus.com/448-interest-rates-jackson-hole-symposium/ 408: Is Success Due to Hard Work, Talent, or Luck? https://moneyfortherestofus.com/408-success/ What Is Risk vs Uncertainty? https://moneyfortherestofus.com/risk-vs-uncertainty/ 53: Should You Invest In Bitcoin? https://moneyfortherestofus.com/mny053-bitcoin/ INVESTMENTS MENTIONED Vanguard Long-Term Bond ETF (BLV) Vanguard Extended Duration Trs ETF (EDV) See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Professional investors and other market participants are lousy at forecasting interest rates. Here are three more options to lock in higher yields today. Topics covered include: __ __ SPONSORS Monarch Money – Get an extended 30-day free trial https://monarchmoney.com/david Money for the Rest of Us listener survey https://moneyfortherestofus.com/survey/ INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES Investors may be getting the Federal Reserve wrong, again—The Economist https://www.economist.com/finance-and-economics/2024/01/24/investors-may-be-getting-the-federal-reserve-wrong-again Today's Best Multi-Year Guaranteed Annuities—Immediate Annuities https://www.immediateannuities.com/deferred-annuities/ Zero-Coupon Treasuries Flew Off Shelves During October Yield Surge by Elizabeth Stanton—Bloomberg https://www.bloomberg.com/news/articles/2023-11-07/zero-coupon-us-treasuries-flew-off-shelves-amid-october-yield-surge?leadSource=reddit_wall INVESTMENTS MENTIONED iShares 20+ Year Treasury Bond ETF (TLT) Invesco BulletShares 2029 Corporate Bond ETF (BSCT) RELATED EPISODES 463: How to Lock in Higher Yields in Case Interest Rates Fall https://moneyfortherestofus.com/463-lock-in-higher-yields/ 418: Bond Investing Masterclass https://moneyfortherestofus.com/418-bond-investing-masterclass/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
With cash yields expected to fall, here's how you can keep your portfolio income elevated by purchasing longer-term individual bonds and bullet ETFs Topics covered include: __ __ SPONSORS Betterment - the automated investing and savings app https://www.betterment.com/ Money for the Rest of Us listener survey https://moneyfortherestofus.com/survey/ INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES Term Premium on a 10 Year Zero Coupon Bond—FRED Economic Data https://fred.stlouisfed.org/series/THREEFYTP10 INVESTMENTS MENTIONED Vanguard Total Bond Market ETF (BND) Invesco BulletShares 2030 Corporate Bond ETF (BCSU) iShares iBonds Dec 2026 Term Trust ETF (IBTG) Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) RELATED EPISODES 455: Easier Investing, Richer Life: TIPS Ladders to Annuities https://moneyfortherestofus.com/454-tips-ladder/ 453: The Price of Money – 700 Years of Falling, Can Interest Rates Keep Rising? https://moneyfortherestofus.com/453-price-of-money/ 452: Beyond Stocks: The Allure and Strategy of Credit Investments https://moneyfortherestofus.com/452-credit-investments/ 448: Where Are Interest Rates Headed Next? Insights from the Jackson Hole Symposium https://moneyfortherestofus.com/448-interest-rates-jackson-hole-symposium/ 418: Bond Investing Masterclass https://moneyfortherestofus.com/418-bond-investing-masterclass/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We explore reasons for buying Bitcoin using one of the new Bitcoin ETFs. We also consider the risks. Topics covered include: __ __ SPONSORS Long Angle https://www.longangle.com/ is a private community of 2,500 very high net worth investors who leverage their collective expertise and scale to access and underwrite some of the world’s best alternative asset investments. Learn more here. https://www.longangle.com/ NetSuite – Get your free KPI checklist https://netsuite.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES Statement on the Approval of Spot Bitcoin Exchange-Traded Products - SEC https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023 Coinbase at the Center of Bitcoin ETF Draws Envy and Risks - Bloomberg https://www.bloomberg.com/news/articles/2024-01-15/coinbase-coin-at-center-of-bitcoin-btc-etf-machine-raises-concerns Federal Reserve Balance Sheet https://www.federalreserve.gov/releases/h41/current/h41.htm RELATED EPISODES 362: Should You Invest in a Bitcoin ETF? https://moneyfortherestofus.com/362-bitcoin-etf/ 355: Which Money Is Crazier: The U.S. Dollar or Bitcoin? https://moneyfortherestofus.com/355-crazy-money/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The intricate dance between profession, risk, lifestyle, and luck in determining how net worth grows. Topics covered include: __ __ SPONSORS Shopify https://shopify.com/david - Sign up for a $1 per month trial period LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs https://linkedin.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES Managing Oneself by Peter F. Drucker—Harvard Business Review https://store.hbr.org/product/managing-oneself/R0501K Soloing: Realizing Your Life's Ambition by Harriet Rubin—HarperCollins https://www.harpercollins.com/products/soloing-harriet-rubin?variant=32127331696674 See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The pros and cons of investing your retirement assets 100% in equity, including half in international stocks. Why the 4% spending rule is too aggressive. __ __ SPONSOR NetSuite – Get your free KPI checklist https://netsuite.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES Beyond the Status Quo: A Critical Assessment of Lifecycle Investment Advice by Aizhan Anarkulova, Scott Cederburg, and Michael S. O'Doherty—SSRN https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4590406 The Safe Withdrawal Rate: Evidence from a Broad Sample of Developed Markets by Aizhan Anarkulova, Scott Cederburg, Michael S. O'Doherty, and Richard W. Sias—SSRN https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4227132 RELATED EPISODES 421: Beware of Survivorship Bias When Investing https://moneyfortherestofus.com/421-beware-of-survivorship-bias-when-investing/ 326: The New Math of Retirement Spending and Investing https://moneyfortherestofus.com/326-retirement-investing/ 254: Should You Be 100% Invested In Stocks? https://moneyfortherestofus.com/254-100-stocks/ 250: Investing Rule One: Avoid Ruin https://moneyfortherestofus.com/250-avoid-ruin/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We close out 2023 by answering your questions on active vs passive management, market timing, investing for status, what we learned from Charlie Munger, thoughts on a coming recession, worst investment mistakes, recent books that changed us, and more. SPONSORS Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code https://www.madisontrust.com/david?utm_source=money+for+the+rest+of+us&utm_medium=podcasts&utm_campaign=self-directed+ira&utm_id=money+for+the+rest+of+us Delete Me – Use code David20 to get 20% off https://joindeleteme.com/david20 INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES How the World Really Works by Vaclav Smil—Viking https://vaclavsmil.com/2022/07/11/how-the-world-really-works-2/ The Day the World Stops Shopping by J.B. Mackinnon—Harper Collins https://www.harpercollins.com/products/the-day-the-world-stops-shopping-jb-mackinnon?variant=32269079838754 Earth for All: A Survival Guide for Humanity by Sandrine Dixson-Declève, et al—Earth for All https://earth4all.life/the-book/ Barbarian Days: A Surfing Life by William Finnegan—Penguin Random House https://www.penguinrandomhouse.com/books/292954/barbarian-days-by-william-finnegan/ Tao te Ching: Power for the Peaceful by Lao Tzu (Author) and Marc Mullinax (Translator)—Fortress Press https://www.fortresspress.com/store/product/9781506469867/Tao-te-Ching See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Do the impressive returns in public and private markets stem from strategic financial engineering or reflect actual economic growth? __ __ SPONSORS NetSuite – Get your free KPI checklists https://netsuite.com/david LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs https://linkedin.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter https://moneyfortherestofus.com/insiders-guide/ OUR PREMIUM PRODUCTS Asset Camp https://assetcamp.com/ Money for the Rest of Us Plus https://moneyfortherestofus.com/hub/ SHOW NOTES US CEOs start to contemplate Trump, round 2 by Rana Foroohar—The Financial Times https://www.ft.com/content/e22d8e6e-3265-41d7-a468-bd861a88dba0 End of an Era: The Coming Long-Run Slowdown in Corporate Profit Growth and Stock Returns by Michael Smolyansky—The Federal Reserve https://www.federalreserve.gov/econres/feds/end-of-an-era-the-coming-long-run-slowdown-in-corporate-profit-growth-and-stock-returns.htm 10-Year Stock Market Returns—Crestmont Research https://www.crestmontresearch.com/docs/Stock-Rolling-Components.pdf Stock Average—Crestmont Research https://www.crestmontresearch.com/docs/Stock-Average.pdf Stock EPS Reality—Crestmont Research https://www.crestmontresearch.com/docs/Stock-EPS-Reality.pdf What Matters More for Emerging Markets Investors: Economic Growth or EPS Growth? by Jason Hsu Jay Ritter Phillip Wool Yanxiang Zhao—Portfolio Management Research https://www.pm-research.com/content/iijpormgmt/48/8/11 Nominal Gross Domestic Product for United States—FRED Economic Data https://fred.stlouisfed.org/series/NGDPSAXDCUSQ The Secretive Industry Devouring the U.S. Economy by Rogé Karma—The Atlantic https://www.theatlantic.com/ideas/archive/2023/10/private-equity-publicly-traded-companies/675788/ Key Drivers Behind Widespread Adoption Of NAV Financing by Matthew K Kerfoot—Proskauer https://www.proskauer.com/pub/key-drivers-behind-widespread-adoption-of-nav-financing The Inevitable Rise of NAV Financing by Patricia Teixeira and Anastasia Kaup—Ropes & Gray https://www.ropesgray.com/en/insights/podcasts/2023/09/the-inevitable-rise-of-nav-financing HAVE EXCHANGE-LISTED FIRMS BECOME LESS IMPORTANT FOR THE ECONOMY? by Frederik P. Schlingemann and René M. Stulz—NBER https://www.nber.org/system/files/working_papers/w27942/w27942.pdf LBOs Make (More) Companies Go Bankrupt, Research Shows by Alicia McElhaney—Institutional Investor https://www.institutionalinvestor.com/article/2bswdyzrxjjh0cc1n1lvk/corner-office/lbos-make-more-companies-go-bankrupt-research-shows Leveraged buyouts and financial distress by Brian Ayash and Mahdi Rastad—ScienceDirect https://www.sciencedirect.com/science/article/abs/pii/S1544612320301549 See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
One year after the release of ChatGPT, we explore the positive and negative paths AI could take and what individuals can do to assist with a positive outcome. Topics covered include: __ __ SPONSORS Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code https://www.madisontrust.com/david?utm_source=money+for+the+rest+of+us&utm_medium=podcasts&utm_campaign=self-directed+ira&utm_id=money+for+the+rest+of+us Money Pickle – Schedule a free 45-minute video chat with a vetted financial advisor and ask them anything about your financial situation. Go here to schedule your free session. https://moneypickle.com/ INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES Everyday Chaos: Technology, Complexity, and How We're Thriving in a New World of Possibility by David Weinberger—Harvard Business Publishing Education https://hbsp.harvard.edu/product/10168-PDF-ENG The economic and market impact of artificial intelligence—Capital Economics https://www.capitaleconomics.com/key-issues/economic-impact-artificial-intelligence The Fight for the Soul of A.I. by David Brooks—The New York Times https://www.nytimes.com/2023/11/23/opinion/sam-altman-openai.html How a Fervent Belief Split Silicon Valley—and Fueled the Blowup at OpenAI by Robert McMillan and Deepa Seetharaman—The Wall Street Journal https://www.wsj.com/tech/ai/openai-blowup-effective-altruism-disaster-f46a55e8 A.I. Belongs to the Capitalists Now by Kevin Roose—The New York Times https://www.nytimes.com/2023/11/22/technology/openai-board-capitalists.html The ‘AI doomers’ have lost this battle by Benedict Evans—The Financial Times https://www.ft.com/content/a2c29506-4a38-47a3-8775-beb5e488c169 Effective Altruism https://www.effectivealtruism.org/ 80,000 Hours https://80000hours.org/ What is the AI alignment problem and how can it be solved? by Edd Gent—NewScientist https://www.newscientist.com/article/mg25834382-000-what-is-the-ai-alignment-problem-and-how-can-it-be-solved/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this bonus episode, David visits with Bill Yount and Becky Heptig of the Catching Up to Fi podcast in a wide-ranging discussion on investing using a systematic checklist approach. SPONSORS Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code https://www.madisontrust.com/david?utm_source=money+for+the+rest+of+us&utm_medium=podcasts&utm_campaign=self-directed+ira&utm_id=money+for+the+rest+of+us LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs https://linkedin.com/david Money Pickle – Schedule a free 45-minute video chat with a vetted financial advisor and ask them anything about your financial situation. Go here to schedule your free session. https://moneypickle.com/ Masterworks – invest in contemporary art https://masterworks.com/david Masterworks Disclosure: https://www.masterworks.com/about/disclaimer INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES Catching Up to FI https://catchinguptofi.com/ Money for the Rest of Us book https://moneyfortherestofus.com/how-to-invest-book/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What are the economic and cultural benefits of tourism. What are the downsides to too much tourism. How to find the right balance. Topics covered include: __ __ SPONSORS Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code https://www.madisontrust.com/david?utm_source=money+for+the+rest+of+us&utm_medium=podcasts&utm_campaign=self-directed+ira&utm_id=money+for+the+rest+of+us LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs https://linkedin.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES International tourism revenue, percent of GDP - Country rankings—The Global Economy https://www.theglobaleconomy.com/rankings/international_tourism_revenue_to_GDP/ U.S. Travel and Tourism Satellite Account for 2017–2021 by Sarah Osborne—Journal of US Bureau of Economic Analysis https://apps.bea.gov/scb/issues/2023/02-february/0223-travel-tourism-satellite-account.htm 2023 Short-Term Rental Mid-Year Outlook—AirDNA https://www.airdna.co/blog/2023-us-mid-year-short-term-rental-outlook-report Welcome to Hochatown, the Town Created by Airbnb by Julie Satow—The New York Times https://www.nytimes.com/2023/11/10/travel/airbnb-rural-boom-bust.html Short-Term Rentals Attract Private Equity Seeking New Asset Class by Sean O'Neill—Skift https://skift.com/2022/03/15/short-term-rentals-may-prove-right-fit-for-private-equity-seeking-new-asset-class/ As Cuba’s economic crisis deepens, citizens scramble to migrate by any means by Dave Sherwood—The Irish Times https://www.irishtimes.com/world/americas/2023/11/12/as-cubas-economic-crisis-deepens-citizens-scramble-to-migrate-by-any-means/ Cuba's worst economic crisis in decades forces people to get creative to survive by Eyder Peralta—NPR https://www.npr.org/2023/09/28/1202264839/cuba-s-worst-economic-crisis-in-decades-forces-people-to-get-creative-to-survive RELATED EPISODES 93: Capitalism, Complexity and Cuba https://moneyfortherestofus.com/mny093-capitalism-complexity-cuba/ 389: Is Airbnb Intensifying the Housing Crisis? https://moneyfortherestofus.com/airbnb-housing-crisis/ 449: The House of Cards: Evaluating Economic and Financial Warning Signs https://moneyfortherestofus.com/449-economic-and-financial-warning-signs/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What are the pros and cons of partially funding retirement expenses with an inflation-indexed bond ladder versus an immediate annuity? There is a big downside to TIPS ladders that many investors don't realize. Topics covered include: __ __ SPONSORS NetSuite – Get your free KPI checklists https://netsuite.com/david Monarch Money – Get an extended 30-day free trial https://monarchmoney.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES Effortless: Make It Easier to Do What Matters Most by Greg McKeown https://gregmckeown.com/books/effortless/ Essentialism: The Disciplined Pursuit of Less by Greg McKeown https://gregmckeown.com/books/essentialism/ Skin in the Game by Nassim Nicholas Taleb https://www.penguinrandomhouse.com/books/537828/skin-in-the-game-by-nassim-nicholas-taleb/ Worry-Free Investing: A Safe Approach to Achieving Your Lifetime Financial Goals by Zvi Bodie and Michael J. Clowes https://zvibodie.com/book/worry-free-investing/ Safe Haven: Investing for Financial Storms by Mark Spitznagel https://www.wiley.com/en-us/Safe+Haven%3A+Investing+for+Financial+Storms-p-9781119401797 A Complete Guide to Investing in I Bonds and TIPS https://moneyfortherestofus.com/tips-and-ibonds/ TipsLadder https://www.tipsladder.com/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We discuss ten rules of thumb for individual investors to consider when saving and investing for and in retirement. __ __ SPONSORS Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code https://www.madisontrust.com/david?utm_source=money+for+the+rest+of+us&utm_medium=podcasts&utm_campaign=self-directed+ira&utm_id=money+for+the+rest+of+us Monarch Money – Get an extended 30-day free trial https://monarchmoney.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES How to Invest Money E-book https://moneyfortherestofus.s3.amazonaws.com/howtoinvestmoney.pdf RELATED CONTENT Complete Guide to Mortgage REIT Investing - Money for the Rest of Us https://moneyfortherestofus.com/mortgage-reit-investing/ Complete Guide to Equity REIT Investing - Money for the Rest of Us https://moneyfortherestofus.com/equity-reit-investing/ Episode 451: How Much Should You Invest in Stocks https://moneyfortherestofus.com/451-how-much-should-you-invest-in-stocks-the-art-of-position-sizing-in-a-volatile-market451/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Interest rates have been sliding for seven centuries. Dive into the historical forces driving this trend and examine whether the recent interest rate spike is just a blip on the radar. Topics covered include: __ __ SPONSORS Money Pickle – Schedule a free 45-minute video chat with a vetted financial advisor and ask them anything about your financial situation. Go here to schedule your free session. https://moneypickle.com/ LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs https://linkedin.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES The Price of Money Is Going Up, and It’s Not Because of the Fed by Jamie Rush, Martin Ademmer, Maeva Cousin, Tom Orlik, and Rich Miller—Bloomberg https://www.bloomberg.com/news/articles/2023-10-19/why-the-price-of-money-is-going-to-stay-high-for-decades?leadSource=reddit_wall Secular stagnation is not over by Olivier Blanchard—Peterson Institute for International Economics https://www.piie.com/blogs/realtime-economics/secular-stagnation-not-over A big problem looming for bond markets by TOMASZ WIELADEK—The Financial Times https://www.ft.com/content/b0f842ad-7ec5-45b8-9752-a6ae0252b36f?shareType=nongift Eight centuries of global real interest rates - Paul Schmelzing - Bank of England https://www.bankofengland.co.uk/-/media/boe/files/working-paper/2020/eight-centuries-of-global-real-interest-rates-r-g-and-the-suprasecular-decline-1311-2018.pdf Changes in U.S. Family Finances from 2019 to 2022—The Federal Reserve https://www.federalreserve.gov/publications/files/scf23.pdf A Complete Guide to Investing in I Bonds and TIPS https://moneyfortherestofus.com/tips-and-ibonds/ RELATED EPISODES 448: Where Are Interest Rates Headed Next? Insights from the Jackson Hole Symposium https://moneyfortherestofus.com/448-interest-rates-jackson-hole-symposium/ 450: How Higher Interest Rates Alter Our Financial Blueprint https://moneyfortherestofus.com/450-higher-rates/ 452: Beyond Stocks: The Allure and Strategy of Credit Investments https://moneyfortherestofus.com/452-credit-investments/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Why investing in non-investment grade bonds, leveraged loans, and preferred stocks is potentially more compelling than investing in common stocks at present. Topics covered include: __ __ SPONSORS Delete Me - Use code David20 to get 20% off https://joindeleteme.com/david20- To get 20% off Delete Me go tohttps://joindeleteme.com/david20 https://joindeleteme.com/david20and use Code David20 Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code https://www.madisontrust.com/david?utm_source=money+for+the+rest+of+us&utm_medium=podcasts&utm_campaign=self-directed+ira&utm_id=money+for+the+rest+of+us SHOW NOTES Sea Change - Memo by Howard Marks https://www.oaktreecapital.com/insights/memo/sea-change Further Thoughts on Sea Change - Memo by Howard Marks https://www.oaktreecapital.com/insights/memo/further-thoughts-on-sea-change INVESTMENTS MENTIONED SPDR Bloomberg High Yield Bond ETF (JNK) iShares iBoxx High Yield Corporate Bond ETF (HYG) Invesco Senior Loan ETF (BKLN) iShares Preferred Stock ETF (PFF) Virtus Seix Senior Loan ETF (SEIX) DoubleLine Flexible Income Fund (DFLEX) BlackRock Debt Strategies Fund (DSU) Barings Corporate Investors Fund (MCI) RELATED CONTENT 397: How to Invest Based on Cycles https://moneyfortherestofus.com/397-investing-cycles/ 451: How Much Should You Invest in Stocks? The Art of Position Sizing in a Volatile Market https://moneyfortherestofus.com/451-how-much-should-you-invest-in-stocks-the-art-of-position-sizing-in-a-volatile-market451/ 423: A “Safe” 6% Yield: The Case for Investment Grade CLOs https://moneyfortherestofus.com/423-collateralized-loan-obligation/ How to Invest in Closed-End Funds https://moneyfortherestofus.com/closed-end-funds/ Money for the Rest of Us Closed-End Fund Course https://moneyfortherestofus.com/cef/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Our allocation to risky assets should vary based on the expected return, volatility, risk aversion, and how much we can earn risk-free. That means we should be taking less risk right now. Listen to learn why. Topics covered include: __ __ SPONSORS Delete Me - Use code David20 to get 20% off https://joindeleteme.com/david20 Masterworks – invest in contemporary art https://masterworks.com/david Masterworks Disclosure: https://www.masterworks.com/about/disclaimer INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES How to avoid a common investment mistake - Buttonwood - The Economist https://www.economist.com/finance-and-economics/2023/09/21/how-to-avoid-a-common-investment-mistake The Missing Billionaires: A Guide to Better Financial Decisions by Victor Haghani and James White https://elmwealth.com/book/ Money For the Rest of Us List of Most Influential Books https://moneyfortherestofus.com/influential-books/ Charles Feeney, Who Made a Fortune and Then Gave It Away, Dies at 92 - New York Times https://www.nytimes.com/2023/10/09/business/charles-f-feeney-dead.html Elm Partners Coin Flip Exercise https://elmwealth.com/coin-flip/ Evaluating gambles using dynamics - O. Peters and M. Gell-Mann https://aip.scitation.org/doi/pdf/10.1063/1.4940236 RELATED CONTENT 250: Investing Rule One - Avoid Ruin https://moneyfortherestofus.com/250-avoid-ruin/ Why You Should Rebalance Your Portfolio https://moneyfortherestofus.com/portfolio-rebalancing/ 196: How to Survive Financially https://moneyfortherestofus.com/196-survive-financially/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We explore six impacts of higher interest rates on housing, capital projects, stock buybacks, excess returns for stocks, bonds, and other asset classes, and individual opportunity costs. Topics covered include: __ __ SPONSORS Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code https://www.madisontrust.com/david?utm_source=money+for+the+rest+of+us&utm_medium=podcasts&utm_campaign=self-directed+ira&utm_id=money+for+the+rest+of+us NetSuite – Get your free KPI checklists https://netsuite.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES Summary of Economic Projections—The Federal Reserve https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20230920.pdf The Apartment Market Is Hitting a Construction Lull by Will Parker—The Wall Street Journal https://www.wsj.com/real-estate/the-apartment-market-is-hitting-a-construction-lull-b85025ae 30-Year Fixed Rate Mortgage Average in the United States—FRED Economic Data https://fred.stlouisfed.org/series/MORTGAGE30US Americans Are Still Spending Like There’s No Tomorrow by Rachel Wolfe—The Wall Street Journal https://www.wsj.com/economy/consumers/americans-are-still-spending-like-theres-no-tomorrow-6a1d307 Honey, the Fed Shrunk the Equity Premium by Portfolio Solutions Group—AQR https://www.aqr.com/Insights/Research/Alternative-Thinking/Honey-the-Fed-Shrunk-the-Equity-Premium Companies ease off on share buybacks as rising interest rates push up costs by Nicholas Megaw—The Financial Times https://www.ft.com/content/f6f59092-7ff5-4095-ba25-084bcc298c24?shareType=nongift RELATED EPISODES 384: Has a Commodities Bull Market Supercycle Started? If So, How Do You Invest in It? https://moneyfortherestofus.com/384-commodity-supercycle/ 435: Is It Better to Rent or Buy a House? https://moneyfortherestofus.com/435-rent-or-buy-a-house/ 448: Where Are Interest Rates Headed Next? Insights from the Jackson Hole Symposium https://moneyfortherestofus.com/448-interest-rates-jackson-hole-symposium/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What are the economic and financial system early warning signs that we should heed rather than get caught up in fearmongering? When should we start to worry about ballooning budget deficits, the national debt, a currency collapse, or the stock market? Topics covered include: __ __ SPONSORS Money Pickle – Schedule a free 45-minute video chat with a vetted financial advisor and ask them anything about your financial situation. Go here to schedule your free session. https://moneypickle.com/ LinkedIn Jobs - Use this link to post your job for free on LinkedIn Jobs https://linkedin.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES The Dawn of Everything: A New History of Humanity by David Graeber and David Wengrow—Macmillan https://us.macmillan.com/books/9780374157357/thedawnofeverything How Much Is Enough? Money and the Good Life by Robert Skidelsky and Edward Skidelsky—Penguin Random House https://www.penguinrandomhouse.com/books/216918/how-much-is-enough-by-robert-skidelsky-and-edward-skidelsky/ U.S. National Deficit—Treasury.gov https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit Budget and Economic Data—Congressional Budget Office https://www.cbo.gov/data/budget-economic-data Japan's growing debt mountain: Crisis, what crisis? by Andrew Sharp—Nikkei Asia https://asia.nikkei.com/Spotlight/Asia-Insight/Japan-s-growing-debt-mountain-Crisis-what-crisis The Dollar: The World’s Reserve Currency by Anshu Siripurapu and Noah Berman—Council on Foreign Relations https://www.cfr.org/backgrounder/dollar-worlds-reserve-currency Currency Composition of Official Foreign Exchange Reserves—International Monetary Fund https://data.imf.org/?sk=e6a5f467-c14b-4aa8-9f6d-5a09ec4e62a4 Total credit to non-bank borrowers by currency of denomination: US dollar—BIS https://stats.bis.org/statx/srs/table/E2?c=&p=20231&m=USD Wonking Out: The Mysteries of the Almighty Dollar by Paul Krugman—The New York Times https://www.nytimes.com/2022/09/09/opinion/united-states-dollar-euro-currency.html Revisiting the international role of the US dollar by Bafundi Maronoti—BIS https://www.bis.org/publ/qtrpdf/r_qt2212x.htm#:~:text=Approximately%20half%20of%20global%20trade,(see%20CGFS%20(2020)) RELATED EPISODES 404: Why Is the U.S. Dollar So Strong? Will It Continue? https://moneyfortherestofus.com/404-dollar-strength/ 416: Your Nation’s National Debt: 5 Things You Need To Know https://moneyfortherestofus.com/416-your-nations-national-debt-5-things-you-need-to-know/ 433: What Happens If The U.S. Defaults On Its Debt? Here’s Why It Won’t https://moneyfortherestofus.com/433-usa-default/ See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Why you might want to lock in higher yields now, given real interest rates are the highest they have been in 15 years. Topics covered include: __ __ SPONSORS Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code https://www.madisontrust.com/david?utm_source=money+for+the+rest+of+us&utm_medium=podcasts&utm_campaign=self-directed+ira&utm_id=money+for+the+rest+of+us Factor - Use code david50 to get 50% off your meal order https://factormeals.com/david50 INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES Jackson Hole Economic Policy Symposium: Structural Shifts in the Global Economy—Federal Reserve Bank of Kansas City https://www.kansascityfed.org/research/jackson-hole-economic-symposium/jackson-hole-economic-policy-symposium-structural-shifts-in-the-global-economy/ Policymaking in an age of shifts and breaks by Christine Lagarde—European Central Bank https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230825~77711105fe.en.html Inflation: Progress and the Path Ahead by Jerome H. Powell—The Federal Reserve Bank https://www.federalreserve.gov/newsevents/speech/powell20230825a.htm Structural Shifts in the Global Economy: Structural Constraints on Growth by Chad Syverson—Federal Reserve Bank of Kansas City https://www.kansascityfed.org/Jackson%20Hole/documents/9775/Syverson_2023_JH_Symposium_Remarks.pdf The Outlook for Long-Term Economic Growth by Charles I. Jones—Federal Reserve Bank of Kansas City https://www.kansascityfed.org/Jackson%20Hole/documents/9771/GrowthOutlookPanel.pdf Living with High Public Debt by Serkan Arslanalp and Barry Eichengreen—Federal Reserve Bank of Kansas City https://www.kansascityfed.org/Jackson%20Hole/documents/9749/Living_With_High_Public_SA_Sep_2_2023.pdf Monetary Policy and Innovation by Yueran Ma and Kaspar Zimmermann—Federal Reserve Bank of Kansas City https://www.kansascityfed.org/Jackson%20Hole/documents/9725/JH_Paper_Ma.pdf See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
David shares how thieves recently tried to smash and grab his luggage from his car while he was still inside it. He then explores property crime trends, whether they are increasing or decreasing, and why. Topic covers include: __ __ SHOW NOTES Chevron Oakland Hegenberger Rd—Yelp https://www.yelp.com/biz/chevron-oakland-12 Myths and Realities: Understanding Recent Trends in Violent Crime by Ames Grawert and Noah Kim—Brennan Center for Justice https://www.brennancenter.org/our-work/research-reports/myths-and-realities-understanding-recent-trends-violent-crime Reported property crime rate in the United States from 1990 to 2021—Statista https://www.statista.com/statistics/191237/reported-property-crime-rate-in-the-us-since-1990/ Pandemic, Social Unrest, and Crime in U.S. Cities: Year-End 2022 Update—Council on Criminal Justice https://counciloncj.org/pandemic-social-unrest-and-crime-in-u-s-cities-year-end-2022-update/ CATALYTIC CONVERTER THEFTS NATIONWIDE SURGE ACCORDING TO NEW REPORT—Cision PR Newswire https://www.prnewswire.com/news-releases/catalytic-converter-thefts-nationwide-surge-more-than-200-according-to-new-report-301822521.html What the data says (and doesn’t say) about crime in the United States by John Gramlich—Pew Research Center https://www.pewresearch.org/short-reads/2020/11/20/facts-about-crime-in-the-u-s/ Oakland’s crime rates are surging. Here’s how they compare with S.F. and other Bay Area cities by Susie Neilson—San Francisco Chronicle https://www.sfchronicle.com/bayarea/article/oakland-bay-area-rates-18259788.php OAKLAND NAACP CALLS ON POLITICIANS TO CRACK DOWN ON CRIMINALS—California Policy Center https://californiapolicycenter.org/oakland-naacp-calls-on-politicians-to-crack-down-on-criminals/ Money under the mattress: economic crisis and crime by Eleni Kyrkopoulou, Alexandros Louka, and Kristin Fabbe—SSRN https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4382025 What Caused the Crime Decline? by Lauren-Brooke Eisen—Brennan Center for Justice https://www.brennancenter.org/our-work/research-reports/what-caused-crime-decline What’s Behind All This ‘Shrink’? by Jordyn Holman—The New York Times https://www.nytimes.com/interactive/2023/06/02/business/what-is-retail-shrink.html Retail Theft Costs US Merchants Like Walmart and Target $100 Billion a Year—PYMNTS https://www.pymnts.com/news/retail/2023/retail-theft-costs-us-merchants-like-walmart-and-target-100-billion-a-year/ Retailers battle nearly $100 billion in shrink by Jason Straczewski—National Retail Federation https://nrf.com/blog/retailers-battle-nearly-100-billion-shrink 2022 Retail Security Survey—National Retail Federation https://cdn.nrf.com/sites/default/files/2022-09/National%20Retail%20Security%20Survey%20Organized%20Retail%20Crime%202022.pdf US Retail Workers Are Fed Up and Quitting at Record Rates by Devin Leonard and Diana Bravo—Bloomberg https://www.bloomberg.com/news/features/2023-09-08/us-retail-workers-are-quitting-facing-low-pay-crime-long-hours#xj4y7vzkg See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
How to balance saving, investing, and spending for a fulfilling life. Why you will probably reach your peak net worth sooner than you think and should start drawing down your nest egg earlier. Why we can't optimize for a fulfilling life but can still have one. Topics covered include: __ __ SPONSORS Monarch Money - Get an extended 30-day free trial https://monarchmoney.com/david NetSuite - Get your free KPI checklists https://netsuite.com/david SHOW NOTES Die with Zero: Getting All You Can with Your Money and Your Life by Bill Perkins https://www.diewithzerobook.com/welcome The Pathless Path: Imaging a New Story for Work and Life by Paul Millerd https://think-boundless.com/the-pathless-path/ Four Thousand Weeks: Time Management for Mortals by Oliver Burkeman https://www.oliverburkeman.com/books Anderson Cooper Is Still Learning to Live With Loss by David Marchese—The New York Times https://www.nytimes.com/interactive/2023/09/03/magazine/anderson-cooper-interview.html See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Three additional insights to help you confidently invest in fixed income. First, what are the different measures of bond yields, and which is best? Second, how to estimate the return for a bond ETF or fund and how long do you have to own it to achieve that annualized return? Finally, we explore a bond type that yields more than U.S. Treasuries, has never defaulted, and has the implicit guarantee of the U.S. government. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
__ __ SPONSORS Use code MONEY10 to get 10% off on your NAPA Autoparts online order https://www.napaonline.com/ NordVPN – Click here for a special offer https://nordvpn.com/moneyfortherest Use this link to post your job for free on LinkedIn Jobs https://linkedin.com/david INSIDERS GUIDE EMAIL NEWSLETTER Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. https://moneyfortherestofus.com/insiders-guide/ SHOW NOTES State-Owned Enterprises Going Public: The Case of China by Xiaozu Wang, et al.—SSRN https://papers.ssrn.com/sol3/papers.cfm?abstract_id=298501 A Model of China's State Capitalism by Xi Li, et al.—SSRN https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2061521 Has China given up on state-owned enterprise reform? by Nicholas Borst—The Interpreter https://www.lowyinstitute.org/the-interpreter/has-china-given-state-owned-enterprise-reform China Regulator’s New Slogan Fuels Buying Spree in State Firms by Bloomberg News—Bloomberg https://www.bloomberg.com/news/articles/2022-11-24/china-regulator-s-new-buzzword-fuels-buying-spree-in-state-firms#xj4y7vzkg Investors sour on Beijing’s bid to boost state-owned enterprises by Sun Yu—The Financial Times https://www.ft.com/content/8e585e43-5451-49c8-ba06-d9177d2971e5 China’s 40-Year Boom Is Over. What Comes Next? by Lingling Wei and Stella Yifan Xie—The Wall Street Journal https://www.wsj.com/world/china/china-economy-debt-slowdown-recession-622a3be4 What just happened: Storm clouds loom for China’s economy by Sebastian Mallaby, et al.—The Washington Post https://www.washingtonpost.com/opinions/2023/08/18/china-economy-deflation-debt-analysis/ Imminent end of ‘demographic dividend’: Share of India’s working age population set to fall by 2036 by Tca Sharad Raghavan—The Print https://theprint.in/india/imminent-end-of-demographic-dividend-share-of-indias-working-age-population-set-to-fall-by-2036/1451773/ What’s Holding Back India’s Economic Ambitions? by Shan Li and Vibhuti Agarwal—The Wall Street Journal https://www.wsj.com/world/india/india-economy-women-work-labor-46bfb0f0 See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
