2022

article thumbnail

How “Probability Of Success” Differs Between One-Time And Ongoing Financial Plans

Nerd's Eye View

Monte Carlo simulations have become the dominant method for conducting financial planning analyses for clients and are a feature of most comprehensive financial planning software programs.

article thumbnail

Collapse in Prospective Home Buyer Traffic

The Big Picture

At the beginning of each quarter, I prepare a short but in-depth conference call for RWM clients. The team & I put together the most revealing and informative slides. In that half hour, I blow through ~40 slides that capture and explain what is going on.

Budgeting 363
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Risk of Deflation is now Greater than the Risk of Prolonged High Inflation

Pragmatic Capitalism

The most recent headline CPI came in at 9.1% so it might seem odd to think that the risk of disinflation and deflation is rising. But while the CPI is [ … ]. Most Recent Stories

254
254
article thumbnail

Bitcoin Hits a New 52-Week Low, Where to From Here?

Mish Talk

Bitcoin daily chart courtesy of StockCharts.Com. I have been making notes, some of them incorrectly. Apologies offered. Generational Bottoms Bitcoin is Life Hoot of the Day (From May 2022). Hmm 6 months is up. On May 8, Bitcoin was $34,000. It's now under $16,000.

Economics 334
article thumbnail

How Automation Can Streamline Your Month-End Close Process

Start the new year with powerful automation for your month-end close and reconciliation process. See how automation can change the trajectory of the close, buy back time, instill more confidence in the results, eliminate administrative headaches and be audit ready.

article thumbnail

Personal finance links: career shifts

Abnormal Returns

Career shifts Former Peloton ($PTON) CEO John Foley is getting into the rug business. wsj.com) UBS' Chief Risk Officer is becoming a photographer. ft.com) Investing Rich people don't typically get rich on alternative investments.

Math 266

More Trending

article thumbnail

SECURE Act 2.0: Later RMDs, 529-to-Roth Rollovers, And Other Tax Planning Opportunities

Nerd's Eye View

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72.

article thumbnail

RIP Financial Conferences

The Big Picture

The traditional finance conference was murdered this week. A stake was driven through its heart by innovators tired of the old ways. It was, to be fair, a mercy killing.

article thumbnail

The Most Tax-Friendly States For Retirees: How To Compare State Income Tax Options For Retiring Clients

Nerd's Eye View

As an individual begins planning for retirement, one of the factors often considered is whether (and where) they might relocate to enjoy their retirement. When evaluating their potential options across the U.S.,

Taxes 246
article thumbnail

Your Co-Investors in BREIT

The Big Picture

In this week’s podcast, I chatted with Kathleen McCarthy , Global co-head of Blackstone Real Estate. 1 We recorded this on November 30 th , before all the news broke on the BREIT liquidity gates. But I am very familiar with the product.

article thumbnail

Quick Guide to Digital Lending for Regional & Community Banks

Ever wonder how some regional and community banks are able to outperform their larger rivals? One of the biggest keys to this success lies in digital transformation. In fact, digital lending technologies are helping banks make the transition faster so they can compete more effectively. Read this eBook to learn how to use lending technology to transform your bank’s outcomes, too!

article thumbnail

Small Business Retirement Plans – SEP-IRA vs. Solo 401(k)

The Chicago Financial Planner

One of the best tax deductions for a small business owner is funding a retirement plan. Beyond any tax deduction you are saving for your own retirement. As a fellow small businessperson, I know how hard you work. You deserve a comfortable retirement.

article thumbnail

Why they clapped for Sam Bankman-Fried

The Reformed Broker

LET’S GIVE A ROUND OF APPLAUSE TO SAM BANKMAN-FRIED pic.twitter.com/HIVB3nTX2V — The_Real_Fly (@The_Real_Fly) November 30, 2022 Last night’s interview between the New York Times’ Andrew Ross Sorkin and Sam Bankman-Fried ended with the host thanking the accused criminal mastermind for coming, despite the protestations of his lawyers.

364
364
article thumbnail

The Philadelphia Fed Just Revised Jobs Lower by 1.2 Million for Q2

Mish Talk

Early Benchmark Revisions of State Payroll Employment Please consider Early Benchmarks for All 50 States and the District of Columbia for the second quarter of 2022.

Food 361
article thumbnail

Supply Chain Is 40% of Inflation

The Big Picture

. There is a new 60/40 in town, and it is the contribution to inflation from consumer demand for goods and the pandemic-broken supply chain. That is according to a study by Julian di Giovanni, who publishes at the NY Fed’s blog Liberty Street Economics.

Medicine 363
article thumbnail

Top 7 Global Employment Challenges

Global expansion brings many opportunities for companies. However, there are pitfalls along the way that can slow down progress. In this eBook, we look at the 7 key challenges to global growth, and ways to minimize expansion headaches.

article thumbnail

Twitter is cigarettes

The Reformed Broker

A lot of reporters and public intellectuals were writing their obituaries for Twitter this weekend. First, we saw the revolt of the Blue Checkmarks. Then, the first inklings of an advertiser exodus.

article thumbnail

Adviser links: a winning model

Abnormal Returns

Podcast Michael Kitces talks with Mindy Crary, owner of Creative Money, about making it clear about fiduciary marketing. kitces.com) Daniel Crosby talks with Kurt Brown, CEO and CIO, of TownSquare Capital.

article thumbnail

Can Anyone Catch Nokia?

The Big Picture

Today’s edition of “ Nobody Knows Anything ” is about a once-dominant mobile phone maker. Exactly 15 years ago, Forbes’s new cover story lauded Olli-Pekka Kallasvuo, Nokia’s CEO.

Economy 363
article thumbnail

You weren’t supposed to see that

The Reformed Broker

I’m going to tell you a quick story in the order in which it happened. You were there. You will be familiar with the sequence of these events. But you may not have reached the shocking conclusion that I have. At least not yet.

Assets 364
article thumbnail

Book of Secrets for the Month-End Close

Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.

article thumbnail

Climate Policy Is a Much Greater Threat Than Climate Change

Mish Talk

Inept Climate Policy Germany's decision to scrap its nuclear reactors before having replacement energy is in play. In April, then UK Prime Minister Boris Johnson bragged his Energy Security Strategy would "bring clean, affordable, secure power to the people for generations to come."

Banking 363
article thumbnail

SECURE Act 2.0: Later RMDs, 529-to-Roth-Rollovers, And Other Tax Planning Opportunities

Nerd's Eye View

The Setting Every Community Up for Retirement Enhancement (SECURE) Act, passed in December 2019, brought a wide range of changes to the retirement planning landscape, from the death of the ‘stretch’ IRA to raising the age for Required Minimum Distributions (RMDs) to 72.

article thumbnail

Quite Quitting, Are You Doing Only What's Necessary at Work and No More?

Mish Talk

A 17 second TikTok video on Quite Quitting has amassed over 480,000 likes. I played it and thought "really?"

article thumbnail

You’re not good at this.

The Reformed Broker

A recession so contrived and man-made that every economist, politician, business owner, college student, CEO, rapper and professional athlete has been able to see it coming in real-time for months and months… Take a picture, you may never see anything so obviously about to happen ever again.

357
357
article thumbnail

Global Hiring Guide: Top Emerging Fintech Hubs

The fintech industry is growing exponentially. Companies can find the talent they need in top emerging fintech hubs around the world. Highly skilled global candidates are available to hire — companies just need to know where to look for them.

article thumbnail

How Amazon Become Ordinary

The Big Picture

“I constantly remind our employees to be afraid, to wake up every morning terrified. Not of our competition — but of our customers.” Jeff Bezos, 1998 Amazon shareholder letter.

article thumbnail

U.S. Cropland Values Hit Record Highs

The Big Picture

Source: AgWeb. If you are interested (as I am) in Real Estate , then allow me to suggest you consider exploring the world of Farmland. It is something I have done for a while, and it is a fascinating rabbit hole to fall into.

Sales 356
article thumbnail

There's an Amazing Glut of Office Space in Every Major Metro Area

Mish Talk

Office Swipe rates via WSJ. A Glut of Office Space The Wall Street Journal reports Big Cities Can’t Get Workers Back to the Office More than two years into the Covid-19 pandemic, exasperation is growing among business, city and community leaders across the U.S.

article thumbnail

California Accuses Valero of Oil Price Gouging, Valero's Response is Amusing

Mish Talk

Chart by California Energy Commission, annotations by Mish. California Energy Commission Goes After Valero Please note CEC Chair David Hochschild Responds to Recent Gasoline Price Spikes. "As

article thumbnail

The HR Compliance Playbook: How to Improve Speed-to-Hire

Every global growth to-do list should begin with compliance. Navigating international jurisdictions can be complex and time-consuming, but with solid, up-to-date compliance procedures, companies can maximize efficiency, speed-to-hire, and mitigate risks.

article thumbnail

Top clicks this week on Abnormal Returns

Abnormal Returns

Top clicks this week What is a reasonable return expectation for the next few decades? ofdollarsanddata.com) Which fund companies have captured the most dollar gains for investors. morningstar.com) Why indexing works.

article thumbnail

Auto Repossessions Are on the Rise, As People Walk Away From Car Loans

Mish Talk

Consumer Finance Protection Bureau (CFPB) Chart. The CFPB is Examining the Potential Credit Impact of High Vehicle Costs for Consumers.

Retail 349
article thumbnail

Hoot of the Day: Russian Oil Gets to US Via Sanction Loophole

Mish Talk

Image composite from WSJ video below. The Wall Street Journal has an interesting video that describes How Russian Crude Avoids Sanctions and Ends Up in the US. With an upfront ad, that is a free WSJ video link. The Lukoil Connection. Image composite from WSJ video.