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Government Spending Is Out of Control! LOL

The Big Picture

Let’s delve into a case in point of Coase’s theorem: If you wanted to peddle the narrative that government spending is out of control, you might present a chart like the one above, which is an exact replica of a chart that appeared recently in a piece of research from a major Wall St. investment firm.

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Know Thyself

Getting Your Financial Ducks In A Row

Lack of Understanding of the Numbers – when presented with the outcome of financial calculators, many of us consider whatever calculations were done in the background to be tantamount to magic. There’s no shame in admitting that factor – for a lot of us, math can be very tough.

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The Math Doesn’t Work

The Irrelevant Investor

A lower discount rate also raises the present value of future liabilities, which makes today's funded status worse, not better. I'm far from an expert in this area, but it's obvious that some difficult decisions will need to be made, because unless the market bails them out, the math doesn't work.

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At the Money: Meb Faber on Tax Aware ETFs

The Big Picture

And the way math works, you end up with a stock that goes up a bunch. It’s not just going to be random, what everybody happens to present to you. We’ve done the math on some of these high-yield portfolios and taxable accounts. And that’s the broad market. We like to call it in house indexing.

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Chart of the Week: House Prices vs Rents

Discipline Funds

And that’s where the math on renting comes into play. Or, at least, that’s true at present. You don’t have to buy a house if you want to live somewhere. There is no shortage of aggregate housing units, but there is a shortage of affordable homes to buy.

Math 137
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15 Event Ideas Straight from Our Advisor Workshop

FMG

Present actionable strategies, distribute helpful checklists, and provide worksheets they can take home. The intimate setting encourages deeper conversations, and pairing the tasting with a brief market outlook presentation adds educational value. Pi Day Pizza Parties Who knew Pi Day (March 14) could generate business?

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These Are the Goods

The Irrelevant Investor

By Ben Carlson I do the math, they do the physics. Max Exuberance and a herd mentality can exist without passive management present. By Jeremy Schwartz Prudent lending was the concern in 1907; moral hazard was the concern in 2008.

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