The Big Picture
NOVEMBER 23, 2022
Barry Ritholtz, Ritholtz Wealth Management Chairman & CIO and “Masters in Business” Bloomberg Radio & Podcast Host, discusses crypto contagion and the volatile price swings in bitcoin. Yield Hogs Are Always Problematic. ?. ? ?. Source: Bloomberg. The post 15% Yield Was Never Credible appeared first on The Big Picture.
Nerd's Eye View
NOVEMBER 23, 2022
Among the several different types of retirement plans that are available to self-employed workers, solo 401(k) plans can offer the most flexibility and the ability to contribute the highest amount of tax-advantaged savings. But alongside those advantages, there are some specific rules and regulations that are unique to solo 401(k) plans, which can add to the complexity of setting up and maintaining a plan.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Abnormal Returns
NOVEMBER 23, 2022
Avoiding ruin Building wealth means avoiding ruin. (dariusforoux.com) Don't borrow money to invest. (abnormalreturns.com) Investing Successful investing is boring. (onveston.substack.com) Why 'Is now a good time to invest?' is the wrong question. (monevator.com) You can't invest if you don't save. (awealthofcommonsense.com) Why active management fails.
The Big Picture
NOVEMBER 23, 2022
My mid-week morning train WFH reads: • Eight key takeaways from 20 years of SPIVA data : Most active managers underperform most of the time. This conclusion originally came from examining U.S. mutual fund performance net of fees. Gross of fees, most active managers underperform most of the time. Most institutional managers underperform most of the time.
Advertisement
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.
Calculated Risk
NOVEMBER 23, 2022
From the MBA: Mortgage Applications Increase in Latest MBA Weekly Survey Mortgage applications increased 2.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 18, 2022. Last week’s results include an adjustment for the observance of Veterans Day.
Financial Advisor Source brings together the best content for financial advisor professionals from the widest variety of industry thought leaders.
Calculated Risk
NOVEMBER 23, 2022
From BofA: On net, today's data pushed up our 4Q US GDP tracking from 1.4% q/q saar to 1.8% q/q saar and left our 3Q US GDP tracking unchanged at 3.0% q/q saar. [Nov 23rd estimate] emphasis added From Goldman: We boosted our Q4 GDP tracking estimate by 0.5pp to +1.5% (qoq ar). [Nov 23rd estimate] And from the Altanta Fed: GDPNow The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2022 is 4.3 percent on November 23, up from 4.2 percent on Novem
Trade Brains
NOVEMBER 23, 2022
Penny Stocks Under Rs 5: Investors run after penny stocks because of the prospects of earning multi-bagger returns. Penny stocks are high-risk/reward bets that can go in any direction pretty quickly. While the old adage of avoiding penny stocks still holds true, we have compiled a list of top penny stocks under Rs 5 below if you still want to go big or go home. .
Calculated Risk
NOVEMBER 23, 2022
The DOL reported : In the week ending November 19, the advance figure for seasonally adjusted initial claims was 240,000 , an increase of 17,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 222,000 to 223,000. The 4-week moving average was 226,750, an increase of 5,500 from the previous week's revised average.
Wealth Management
NOVEMBER 23, 2022
Global X's CIO discusses the current markets, near term industry trends and some opportunities for investors in the ETF marketplace.
Advertisement
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.
Calculated Risk
NOVEMBER 23, 2022
Today, in the Calculated Risk Real Estate Newsletter: New Home Sales Increased in October; Completed Inventory Increased Brief excerpt: The next graph shows the months of supply by stage of construction. “Months of supply” is inventory at each stage, divided by the sales rate. There are 1.2 months of completed supply (red line). This is getting close to the normal level.
Wealth Management
NOVEMBER 23, 2022
How many times did you proactively ask a social contact to have a business conversation with you?
Advisor Perspectives
NOVEMBER 23, 2022
The November Final Report came in at 56.8, down 3.1 (5.2%) from the October Final. Investing.com had forecast 55.0. Since its beginning in 1978, consumer sentiment is 34 percent below the average reading (arithmetic mean) and 33 percent below the geometric mean.
Wealth Management
NOVEMBER 23, 2022
His acceptance speech highlighted importance of multi-disciplinary collaboration and diversity.
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.
Random Roger's Retirement Planning
NOVEMBER 23, 2022
They did it! They really did it! Back in July we took a quick look at a filing of new ETFs branded YieldMax which simplistically are single stock ETFs that track a stock combined with a covered call. A little more specifically they don't own the stock they create a synthetic long exposure by selling a put and buying a call (Google synthetics to learn more).
Wealth Management
NOVEMBER 23, 2022
New York has become one of the biggest crypto-mining hubs after China banned crypto mining last May.
Advisor Perspectives
NOVEMBER 23, 2022
The latest new orders number at 1% month-over-month (MoM) was better than the Investing.com 0.4% estimate. The series is up 10.% year-over-year (YoY). If we exclude transportation, "core" durable goods was up 0.5% MoM and up 4.9% YoY.
Wealth Management
NOVEMBER 23, 2022
“A lawsuit against celebrities will generate a ton of money, because they will all settle.
Advertisement
Digital platforms can provide you with plenty of solutions, yet many are still intimidated by them. It's time to end that worry and embrace what could make a major difference for your bank. Understanding how they work and how to best utilize them for your banks is key toward success. In this article, Biz2X breaks down all things digital platforms, including the many advantages of embracing them.
Advisor Perspectives
NOVEMBER 23, 2022
Is a “hard landing” coming, economically speaking, as the Fed continues its most aggressive rate hike campaign in 40 years?
Wealth Management
NOVEMBER 23, 2022
A review of the varying approaches taken in directing fiduciaries.
Advisor Perspectives
NOVEMBER 23, 2022
Two years ago this month, Tesla fans learned the electric-car maker’s shares were joining the S&P 500 Index, and Elon Musk was turning retail investors into Teslanaires.
Wealth Management
NOVEMBER 23, 2022
Felix B. Chang, professor, University of Cincinnati College of Law in Cincinnati.
Advertisement
All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!
Advisor Perspectives
NOVEMBER 23, 2022
Federal Reserve officials at their meeting earlier this month concluded it would soon be appropriate to slow the pace of rate increases, signaling the central bank was leaning toward downshifting to a 50 basis-point hike in December.
Wealth Management
NOVEMBER 23, 2022
Victoria J. Haneman, professor, Creighton University School of Law in Omaha, Neb.
Nationwide Financial
NOVEMBER 23, 2022
According to the most recent 2017 Census of Agriculture, the average age of a U.S. farmer is approximately 57.5 years old, and one-third of US farmers are 65 or older 1. Those numbers make it clear that farmers are generally not retiring at age 65. That comes as no surprise to this author, who comes from a family of farmers and still resides in a farming community.
Wealth Management
NOVEMBER 23, 2022
Legal editor Anna Sulkin discusses this month's cover.
Advertisement
Creating a winning digital lending experience requires plenty of focus on the needs of customers and more. Biz2X Chief Product Officer Aaron Traub covers everything from how to create such an experience, areas to hone in on, pitfalls to avoid, and plenty more in this insightful article. Discover how to utilize new technology without alienating existing customers, what to emphasize when working on your platform, and how to utilize the data at your disposal while not becoming overly reliant on it.
The Richer Geek
NOVEMBER 23, 2022
Welcome back to another episode of the richer geek. We're happy to have Grace Mills. With us today she's going to take a new advertising platform and introduce it to us. She has been the “secret weapon” behind REI Radio since the program launched. Grace’s main focus is to help professionals find their voice within their industry. She has worked with investors and agents from all over the United Sates, perfecting the art of radio marketing.
Wealth Management
NOVEMBER 23, 2022
Wednesday, December 14, 2022 | 2:00 PM ET
Advisor Perspectives
NOVEMBER 23, 2022
This morning's release of the October New Home Sales from the Census Bureau came in at 632K, up 7.5% month-over-month from a revised 588K in September. The Investing.com forecast was for 570K. The median home price is now at $493K.
Expert insights. Personalized for you.
255 
Let's personalize your content