Mish Talk

NOVEMBER 16, 2022

Definitions The Civilian Noninstitutional Population is defined as persons 16 years of age and older residing in the 50 states and the District of Columbia, who are not inmates of institutions (e.g., I used seasonally-adjusted (SA) numbers where available, otherwise non-adjusted numbers (NSA). 20-24: -1.6 25-54: -0.3

Numbers 227

Numbers Retirement Economics 227

Abnormal Returns

JULY 22, 2022

By definition, they cannot be wrong – only better or worse than expected." wsj.com) USPS is upping the number of EVs on order. Markets Barry Ritholtz, "Earnings are what they are, the profits of corporate America. ritholtz.com) Why grifters use technological change to take advantage of investors.

Financial Advising 147

Financial Advising Media Economy Numbers 147

Nerd's Eye View

FEBRUARY 10, 2023

Also in industry news this week: The SEC this week released its 2023 examination priorities, which include its new marketing rule, Reg BI, and complicated investments The House of Representatives is considering legislation that would broaden the definition of who qualifies as an accredited investor and is potentially eyeing a role for financial advisors (..)

Financial Planner 194

Financial Planner CFP Certification Retirement Planning 194

A Wealth of Common Sense

JULY 18, 2023

There are many definitions of wealth. Still others believe there is a specific number followed by a few zeroes and some commas that define wealth. Some people equate wealth to your income level. Others assume having a lot of stuff must mean you’re wealthy.

Math 69

Math Numbers 69

Nerd's Eye View

JUNE 9, 2023

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the House has passed legislation that would expand the definition of who qualifies as an accredited investor eligible to invest in certain private investments to include those who pass an exam designed by the (..)

Financial Planner 162

Financial Planner Financial Advisor License Retirement 162

Advisor Perspectives

OCTOBER 11, 2023

Most voters aren’t going to get hot under the collar about battles in Washington, DC, over bank capital requirements, but they definitely relate to stories about home loans becoming more expensive or less available. That doesn’t mean debate is straightforward, especially once each side starts throwing numbers around.

Banking 52

Banking Numbers 52

Nerd's Eye View

JANUARY 9, 2024

And be certain to listen to the end where Kimberly shares why she suggests all new advisors try out a lot of the industry's "Food Groups" before picking a path (as she notes that knowing and getting experience in the other paths in the financial advisor industry helped round out her own knowledge, and find the path that truly aligned to her own values (..)

Financial Advisor 200

Financial Advisor Financial Planner Clients Food 200

Nerd's Eye View

OCTOBER 31, 2023

In this episode, we talk in-depth about how Jon evolved his "high tech and high touch" mindset to serving clients by regularly iterating upon and updating his advisor tech stack while also elevating his long-time client service administrator into a more holistic client concierge (because the future isn't about tech or human service, it's tech and human (..)

Financial Advisor 206

Financial Advisor Estate Planning Clients Education 206

The Big Picture

NOVEMBER 13, 2022

Data casts doubt on those numbers ( The Ankler ). • He co-authored the definitive book on ETFs, “ A Comprehensive Guide To Exchange-Traded Funds ,” for the CFA Institute. Chapter 11 cases, a Reuters review found. Reuters ). • #FAIL: How TikTok Stats Fool Hollywood : Execs, agents & marketers value stars based on followers.

Management 243

Management Economy Numbers Marketing 243

The Big Picture

SEPTEMBER 30, 2022

My morning train WFH reads: • The Forbes 400 2022: The Definitive Ranking of The Wealthiest Americans : In 2022 The wealthiest people in the U.S. Sales Numbers Start Climb. are poorer than a year ago—and the cutoff to make the list fell for the first time since the Great Recession. Source: Car and Driver.

Banking 169

Banking Government Economics Numbers 169

Trade Brains

MAY 4, 2024

Tweezer Top Candlestick Pattern – Definition The tweezer top candlestick pattern is one of the frequently appearing patterns. The creation of this pattern indicates a shift in market mood, and buyers will be cautious as the shift in market attitude may result in an increase in the number of sellers.

Marketing 59

Marketing Marketing Banking Numbers 59

Steve Sanduski

APRIL 22, 2024

Evaluating Client Fees You will almost definitely have clients above and below your optimal range. Those clients are definitely your top clients that you need to pay special attention to. While successful financial advisors “don’t treat their clients like a number,” the numbers don’t lie. Now it’s your turn.

Clients 59

Clients Financial Advice CFP Numbers 59

Random Roger's Retirement Planning

AUGUST 11, 2023

The average $17,400 cut is for two earner couples not across the board and so the $10,600 number for lower incomes and the $23,000 number for higher earners was not as it was originally portrayed. We can use my current numbers to try to walk through this. I'll definitely be working at 62 and certainly plan to at 68.

Numbers 70

Numbers Planning Taxes Investing 70

MazumaBusinessAccounting

MAY 10, 2021

But whether you keep your own books or employ the services of a bookkeeper or accountant, understanding the numbers can help your small business just as much as it could help a large corporation. Search definitions for any words you don’t know, and jot down definitions in a notebook or sticky and put it with your financial paperwork.

Accounting 98

Accounting Budgeting Numbers 98

Random Roger's Retirement Planning

FEBRUARY 29, 2024

Being able to sit in a name when it is lagging, like the blue bar in 2015 or the red bar in 2016, requires a lot of patience but that patience is more easily found when you think in terms of stocks being long duration assets regardless of whether 18 years is the right number or not. Additionally on this point.

Retirement 85

Retirement Assets Portfolio Financial Planning 85

Abnormal Returns

MAY 27, 2023

(insidehook.com) Drink By definition, craft brewers are closer to their customers. vox.com) Sports Mount Everest is on track for a record number of fatalities. theconversation.com) Five benefits from quitting alcohol. markmanson.net) Streaming The Netflix ($NFLX) password sharing crackdown is here.

Food 130

Food Financial Advising Transportation Medical 130

The Big Picture

OCTOBER 2, 2023

Sturgeon’s law suggest 300,00 of them are not crap – and that number seems generous. You must be more right than others…which by definition means your thinking has to be different.” Now run the same exercise for Mutual funds, ETFs, Private Equity, Hedge Funds, Venture Capital, etc.

Investing 344

Investing Investments Economy Portfolio 344

Walkner Condon Financial Advisors

JANUARY 30, 2024

Many have heard or read about a soft landing in the news, but some may not have an actual definition of what it means. One definition , according to a speech delivered by Tom Barkin, the President of the Federal Reserve Bank of Richmond, is “where inflation completes its journey back to normal levels while the economy stays healthy”.

Economy 75

Economy Financial Advisor Banking Economics 75

Trade Brains

APRIL 3, 2023

This book contains a number of time-tested lessons like investment vs speculation, the margin of safety, the concept of Mr market (the fictional manic-depressive character) , different approaches for defensive and enterprise (aggressive) investors etc. It was originally written in 1991 and definitely contains many time-tested principles.

Investing 98

Investing Investments Valuation Education 98

Trade Brains

JULY 1, 2023

Moreover, the nationwide lockdown due to COVID-19 in 2020, led to a massive increase in the number of people opting for online financial payments. Therefore, in this post, we have handpicked the best UPI apps in India that are easiest to use and definitely worth checking out. Best UPI Apps in India: With the return of PM Modi 2.0

Banking 105

Banking Food Accounting Electronics 105

MainStreet Financial Planning

SEPTEMBER 19, 2023

For the day of the funeral were given a Gate number and Assembly area at the cemetery and instructed to arrive at least 15 minutes before the service. My brother completely ignored the gate number and map I sent him, and we saw his purple Corvette zipping around the cemetery trying to find us! I’ll definitely remember these moments.

Certification 92

Certification Transportation Numbers Financial Planning 92

Clever Girl Finance

AUGUST 22, 2022

The wealth accumulation definition is simply building up your net worth and wealth over time. And you definitely don't want to fall for a get-rich-quick scheme. Now that you know the wealth accumulation definition, why should you want to do this? There are a number of reasons why it’s a good idea to accumulate wealth.

Wealth Accumulation 98

Wealth Accumulation Budgeting Estate Planning Insurance 98

David Nelson

AUGUST 1, 2022

By David Nelson, CFA CMT The administration, the press and some leading economists are having trouble with the term recession and its definition. Treasury Secretary Janet Yellen calls it a transition and White House Economic advisor now says two negative quarters of GDP growth is not the technical definition of recession.

Medicine 98

Medicine Economics Economy Marketing 98

Validea

MAY 15, 2023

In Warren Buffett’s annual letter to shareholders this year, he reflected not only on the past year but also on the last 58, writing that his career could be boiled down to two numbers: 3,787,464%—Berkshire’s returns over those 58 years—and one dozen “truly good decisions,” which amounts to “one every five years.”

Insurance 52

Insurance Numbers Investing Investments 52

Random Roger's Retirement Planning

FEBRUARY 9, 2023

He didn't specify which of the two (I believe that is the correct number) funds that Hussman managed back then. For 20 years, holy cow, the numbers look great. The ten year numbers tell a much different story due, I think, to the fund's large allocation to gold. Put it all in the yellow line and forget about then?

Asset Allocation 68

Asset Allocation Portfolio Assets Numbers 68

Carson Wealth

FEBRUARY 29, 2024

Definitely not. You can give away a lot more Mustangs with that large number! Once you exceed that number you are subject to gift or estate taxes. This is definitely worth avoiding and could dramatically eat into any legacy you’re trying to leave. million 2024 estate tax exemption: $13.61 But you can only give away $13.61

Taxes 96

Taxes Financial Planning Planning Estate Planning 96

The Irrelevant Investor

MAY 21, 2021

This is what that number looked like over the next few decades. Houses are getting bigger, and thanks to HGTV, they're definitely getting nicer. I know I'm generalizing, but I think there's definitely some truth here. One of the biggest stories in the housing market is the decline of the starter home.

Numbers 52

Numbers Marketing Marketing 52

The Irrelevant Investor

MAY 17, 2021

If you were too scared to buy on the way up, you're definitely going to be too scared to buy on the way down. Use real numbers. "I There are countless people out there who told themselves they were going to buy Bitcoin the next time they got the opportunity to do so at lower prices. It's not good enough to say you'll buy the dip.

Planning 52

Planning Numbers 52

Random Roger's Retirement Planning

APRIL 23, 2024

The simplistic definition is that risk parity equal weights asset classes by their volatility. If there was some number of shares and the index went to zero but shares still existed then when the index came back, the shares would have value again. It briefly went to zero in 2018 and then came right back. Maybe it would be that simple?

Assets 60

Assets Retail Management Taxes 60

Validea

AUGUST 24, 2022

As a result, these types of approaches generally end up with more expensive stocks (vs the Graham style above) and stray further away from the academic definition of value. These types of strategies stray the furthest from the academic definition of value. Joel Greenblatt’s Magic Formula is a good example of this type of approach.

Portfolio 64

Portfolio Investing Investments Assets 64

Random Roger's Retirement Planning

OCTOBER 12, 2022

I don't think these meet that definition. Are the 5 year numbers and the YTD numbers good enough in your estimation to be proxies for 75/50. Using terminology we use here occasionally, should these be thought of as 75/50, seeking 75% of the upside with only 50% of the downside. Well ok, now we're talking.sort of.

Numbers 61

Numbers Management Assets Clients 61

Walkner Condon Financial Advisors

JULY 8, 2022

The most widely accepted definition of a recession is two consecutive quarters of negative economic growth, as measured by GDP. The National Bureau of Economic Research has a definition that is more flexible because no two recessions are the same, therefore, a broader interpretation makes sense. Defining a Recession. Nate Condon.

Economics 59

Economics Financial Advisor Economy Portfolio 59

Clever Girl Finance

AUGUST 15, 2022

What is the definition of liquidity? In order for an investment to be a highly liquid investment, it must meet a number of factors: The asset must be in an established liquid market. The asset must maintain a large number of readily-available, interested buyers. For example, banks may restrict your number of monthly withdrawals.

Investing 77

Investing Investments Certification Assets 77

Calculated Risk

JANUARY 8, 2023

As of December, looking at the "dot plot" , the FOMC participants see the following number of rate hikes in 2023: 25 bp Rate Hikes FOMC Members 2023 No Change 0 One Rate Hike 0 Two Rate Hikes 2 Three Rate Hikes 10 Four Rate Hikes 5 Five Rate Hikes 2 Clearly the main view of the FOMC is three or even four rate hikes in 2023.

Economy 93

Economy Economics Numbers Sales 93

Zoe Financial

DECEMBER 5, 2023

Definitely worth checking out. One data point caught my attention: the number of advised investors, individual investors, has increased from 35% to 47% when you look at the time frame from 2009 to today. ” Over the last year, they interviewed over 11,000 households with over $250,000 of investable assets.

Wealth Management 52

Wealth Management Management Financial Planning Taxes 52

Investing Caffeine

MAY 1, 2024

Investors definitely don’t want higher interest rates, but stock traders should be careful what they wish for. That’s why the S&P 500 took a breather last month with the S&P declining -4.2%, the Dow Jones Industrial Average falling -5.0%, and the technology-heavy NASDAQ index dropping -4.4%.

Economy 52

Economy Economics Financial Planning Planning 52

Random Roger's Retirement Planning

APRIL 9, 2024

I've seen other studies that go back further than any reasonable definition of modern times. There are expectations embedded in these numbers. They studied 1841-2019 and I am sure they are looking at the data correctly. I don't put stock into data sets that include the 1900's. There's all sorts of information here.

Management 91

Management Retirement Planning Portfolio Retirement 91