Investing

And The Pendulum Swings

December 24th, 2018: Dow ends down 651.27 “Worse Christmas Eve In History” December 26th, 2018: Dow ends up 1,086.25 “Biggest Single-Day Point Gain In History” Dow up 1,000 points?!? Trade war over? Everyone cool with the Fed now? Political landscape no longer a dumpster fire? Oh, nothing substantial has changed since Christmas Eve? Hmmm… — Justin Castelli (@jus10castelli) December 26, 2018…

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Financial Planning, Investing

Why Financial Advisors Love Data

Have you ever wondered why financial advisors quote statistics, charts, and graphs? The data contained in statistics, charts, and graphs used by advisors often backs up the plans created for our clients; it provides the evidence needed to help clients (or readers) stay in the game when emotions begin to cloud their decisions. Be careful though, the data can also…

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Investing

Josh Brown and Michael Batnick: “Bear Markets Suck”

“Bear markets happen because people are selling their stocks.” -Michael Batnick For good reason, there has been a lot of focus on the markets the last couple of weeks; volatility has picked up, larger sell-offs have been seen, beloved companies have been hammered, and the gains for the year have been erased in the U.S. markets in a short period…

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Investing

Chase’s New Trading App: Gift or Curse?

“Financial planning in the absence of an investment strategy designed to implement the plan is a f***ing fortune cookie. An investment portfolio absent the dictates of the goals from a financial plan is like building a house without a blueprint. Neither or these things is worth much without the other. But delivered in concert, they are essential and worthy of…

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Investing

Barry Ritholtz’s MIB With Dave Butler

One of the easiest decisions I made when starting my firm was to begin using Dimensional Funds Advisors (DFA) in my client portfolios. I’ll never forget my trip to Santa Monica for the final component of the due diligence process and hearing Dave Butler speak. He was the first presenter of the first day, and he is the individual who “sold”…

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Investing

Ben Carlson Might Be Having The Best Week Ever!

A Wealth Of Common Sense has been one of my go-to blogs each morning for more than a few years now; Ben Carlson is a tremendous writer and is able to explain important financial concepts in a way that is easy for everyone to understand. If you are a regular reader you already know this because he is a staple…

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Investing

My EBI West Rundown

I had every intention of sharing my thoughts on the Evidence-Based Investing Conference West sooner, but I made my special episode of All About Your Benjamins The Podcast the priority when I got home; hopefully, you’ve had a chance to listen to it. I was fortunate enough to get some of FinTwit’s finest to answer a question, “What’s the one…

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Bigger Picture, Investing

The Countdown To EBI West Is On

This Friday I’ll be hopping a plane to the West Coast for the Evidence-Based Investing Conference in Dana Point, California and I’m bringing the whole Castelli crew with me. I’ve been looking forward to this conference since it was announced…the EBI Conference Series will always be an important one for me. The original Evidence-Based Investing Conference in the fall of 2016…

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Blockchain and Cryptocurrency, Investing, Millennials

Diversify Those Crypto Gains

For most retail investors the hype around cryptocurrencies appears to have calmed down, which shouldn’t come as a surprise given how many caught FOMO and bought when Bitcoin was at $19,000. But, the 4th annual Consensus Blockchain Technology Summit, which kicked off Monday, tells a different story. For the individuals working in cryptocurrencies and Blockchain, the excitement hasn’t died down–it’s…

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