Sun.Jan 08, 2023

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1994 Porsche 911 Turbo S 3.6

The Big Picture

This is about as nice of an example of a vintage 1990s-era 911 Turbo as you will find — but let’s get this out of the way up front: It sold last month for an eye-popping $1,265,000. That is quite an increase from the 1994 dealer selling price of $126,360. Why does a 30-year-old Porsche command 7 figures? As best as I can tell, the combination of rarity, conditions, ultra-low miles, and options made this a bit of a one-off for collectors.

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Top clicks this week on Abnormal Returns

Abnormal Returns

Also on the site Dropping habits that don't serve you is just as important as adopting new habits. (abnormalreturns.com) Top clicks this week 15 charts that explain 2022 returns. (morningstar.com) Average annual stock market returns are not-so average. (awealthofcommonsense.com) How to talk to adult children about inheritances. (kindnessfp.com) Five ETF predictions for 2023 including an end to $SPY's reign.

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Updating My Favorite Performance Chart For 2022

A Wealth of Common Sense

We have a handful of traditions in my family. We watch the Lions lose every year on Thanksgiving. We wear Hawaiian shirts at holiday dinners (try it…it’s fun). We get Chinese takeout for lunch every year on Christmas day. And we update my asset allocation quilt once a year when the calendar turns (OK that’s just me). Let’s do this.

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Sunday links: a new baseline

Abnormal Returns

Markets Wall Street strategists are bearish. (tker.co) The bear market is already over. (allstarcharts.com) Strategy Market corrections are a cost of doing business. (awealthofcommonsense.com) Why so many people think they are above average investors. (evidenceinvestor.com) How depression may affect your investment approach. (humbledollar.com) Companies Microsoft ($MSFT) is planning to build OpenAI tools into its apps.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Talk Your Book: What Makes an Index Fund Work

The Irrelevant Investor

On today’s show, we are joined by Rodney Comegys, Head of Vanguards Equity Investment Group to discuss index fund investing with Vanguard. See here for more information and research on investing with Vanguard On today’s show, we discuss: Rodney’s background What it’s like to work at Vanguard The back-office work involved in low-cost indexing Debunking misconceptions about indexing Price discovery and.

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No Recession

The Irrelevant Investor

A recession seemed all but inevitable last year. A war was raging in Europe, energy and food prices were surging, the fed was aggressively raising interest rates, the stock market was in free fall, consumer confidence was collapsing, and wages were rising at a blistering pace. But the year came and went, and a recession never did. It’s a new year, but recession fears still abound.

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Question #6 for 2023: What will the Fed Funds rate be in December 2023?

Calculated Risk

Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2023. Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I’ll post thoughts on those in the newsletter (others like GDP and employment will be on this blog). I'm adding some thoughts, and maybe some predictions for each question. 6) Monetary Policy: In response to the increase in inflation, the FOMC raised the federal funds rate from "0 to 1/4 percent" in J

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5 innovative ideas to connect better with clients and prospects

Million Dollar Round Table (MDRT)

By Antoinette Tuscano, MDRT Content Specialist Why be like every other financial advisor in your area when you can be unforgettable to clients? Try one of these five creative and fun ideas to showcase your personality with flare. Get noticed, boost your referability and build relationships with clients. Delivering coffee for better online meeting attendance.

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Question #7 for 2023: How much will wages increase in 2023?

Calculated Risk

Earlier I posted some questions on my blog for next year: Ten Economic Questions for 2023. Some of these questions concern real estate (inventory, house prices, housing starts, new home sales), and I’ll post thoughts on those in the newsletter (others like GDP and employment will be on this blog). I'm adding some thoughts, and maybe some predictions for each question. 7) Wage Growth: Wage growth was strong in 2022 (up 5.1% year-over-year as of November).

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2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

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[cdata[ Plans for 2023? Why Taking Time Off Should Be A Priority ]]

oXYGen Financial

![CDATA[ Wow… We are already a week or so into the new year. Time sure does seem to fly, especially as we get older. Hopefully, everyone reading this had a great 2022 and is looking forward to bigger and better things in 2023 (and putting the pandemic firmly in the rearview mirror)! What are your best memories when you look back at 2022? One could argue that good experiences and memories are.

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Sunday Night Futures

Calculated Risk

Weekend: • Schedule for Week of January 8, 2023 Monday: • No major economic releases scheduled. From CNBC: Pre-Market Data and Bloomberg futures S&P 500 are up 6, and DOW futures are up 39 (fair value). Oil prices were down over the last week with WTI futures at $73.77 per barrel and Brent at $78.57 per barrel. A year ago, WTI was at $79, and Brent was at $82 - so WTI oil prices are DOWN 6% year-over-year.

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Key Trends and Concerns for Investors in 2023

WiserAdvisor

The year 2022 had its ups and downs. The economic strain of the pandemic continued. The record inflation and the global financial turmoil caused by the Ukraine-Russia war are other striking concerns. However, as you look ahead to 2023, there are a number of key trends and concerns that you may want to keep an eye on. A lot of investors use the New Year to review their portfolios, change asset allocations, and prepare for the coming months.

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Social Security Statements Are Here! Social Security Statements Are Here!

Random Roger's Retirement Planning

I am a big believer in repeating certain concepts as a form of reiteration but also because it can take more than one time for something to click. From my life, this pertains to many aspects of firefighting, diet/exercise topics and investing/financial planning including what I'd like to talk about today which is Social Security. Say what you want about the Social Security Administration (SSA), they do want you to know the basics of what your benefits, the jargon here is primary insurance amount

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Banking on Loyalty: Holistic Financial Advice for Unparalleled Business Growth

Speaker: Joe Buhrmann, MBA, CFP®, CLU®, ChFC® Senior Financial Planning Practice Management Consultant eMoney Advisor

During an era of evolving consumer preferences, the banking sector is undergoing a profound shift. As customers continue to broaden their perspectives, banking professionals must support their customers' financial wellness by providing holistic financial advice that aligns with individual goals and circumstances. Without adapting, financial institutions will find that loyalty may crumble amid uncertainty.

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Fundamental Analysis of GNFC – Financials, Key Metrics & More

Trade Brains

Fundamental Analysis of GNFC: The recent ‘China Plus One’ strategy benefitted manufacturing companies across multiple industries. Chemicals are one such sector that saw sharp volume growth as companies around the world diversified their sourcing. Higher sales and profits changed the fortunes of many struggling businesses. In this article, we shall conduct a fundamental analysis of GNFC or Gujarat Narmada Valley Fertilizers & Chemicals, one such turnaround fertilizers and chemicals stock.

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10 Sunday Reads

The Big Picture

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The truffle industry is a big scam. Not just truffle oil, everything : You may be familiar with the truffle oil scam, but everything else you think you know about truffles is probably a lie too. ( Taste Atlas ). • The Damar Hamlin injury provokes a wave of ignorant anti-vaccine propaganda : It also has provoked a wave of responses not so refreshing: utterly unfounded conjecture that his collapse had somet

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Red vs. Blue

The Big Picture

It’s not politics, it’s cultural identity. I’d say this is why you should never believe someone when they say they’re independent, but this is a cultural signifier too… They don’t want to be aligned with either side, they want to be seen as independent thinkers, even though they almost always vote for one side or another.

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