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I Ran The Numbers And They Work!

Random Roger's Retirement Planning

Looking at AQMIX on your statement kind of going nowhere for 10 years could be difficult but clearly a portfolio with the allocation in Portfolio 3 would have kept up just fine and if they had focused on the bottom line number and not the line items, it would not have been difficult. It only back tests to 2018 but here's what you get.

Numbers 78
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FDIC: Number of Problem Banks Unchanged in Q2 2023

Calculated Risk

The FDIC reported the number of problem banks was unchanged at 43. The number of FDIC-insured institutions declined from 4,672 in first quarter to 4,645 this quarter. The number of banks on the FDIC’s “Problem Bank List” remained unchanged at 43. During the quarter, two banks opened, one bank failed, and 27 institutions merged.

Numbers 63
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Are Financial Plans Getting Too Comprehensive: How The ‘Sledgehammer Of Value’ Isn’t Actually Paying Off

Nerd's Eye View

Though, at some point, covering a large number of financial planning topics can eat into an advisor's time, which is problematic if clients won't pay substantially more to receive that more comprehensive advice. In addition, advisors could reduce the amount of time they spend on plan development by bringing on staff assistance (e.g.,

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Changes in Global Wealth 2021

The Big Picture

The actual data had some very interesting highlights, including some ginormous numbers: -Global Wealth: $463.6 The 5-year outlook is global wealth will increase by $169 trillion by 2026; by 2024, global wealth per adult should pass $100,000 and the number of millionaires will exceed 87 million individuals over the next five years.

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The Great Resignation Is Long Over

The Big Picture

Consider these columns going back to 2013 pointing out the foolishness of tax-payer subsidized corporate welfare queens (2013), and why median wages were rising ( 2016 , 2017 , 2018 , 2018 , 2019 ). By any measure, we still have an enormous number of unfilled positions. Then came the pandemic, and a huge federal worker subsidy.

Medicine 325
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2023 Highlights – The Top 22 Nerd’s Eye View Blog Posts You Might Have Missed

Nerd's Eye View

As 2023 comes to a close, I am once again so thankful to all of you, the ever-growing number of readers who continue to regularly visit this Nerd's Eye View Blog (and share the content with your friends and colleagues, which we greatly appreciate!). We recognize (and appreciate!)

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My New ETF: 100% of Upside + 0% of Downside

The Big Picture

The offering comes from Innovator Capital Management, which launched the first so-called buffer ETFs, also sometimes referred to as defined-outcome funds, in 2018.” – Bloomberg Let’s get this out of the way: I dislike any product that exchanges a portion of your potential gains in exchange for downside protection.

Math 186