The Rundown

The Rundown: Home Country Bias

I’ve written about home country bias before, but I thought it would be great to revisit given the U.S. market’s outperformance of international markets for yet another year, well at least up until today. Over allocating to your home country is a common behavioral bias investors suffer from and for U.S. investors, it’s been a benefit over the last 10…

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Financial Planning

Individualizing Financial Planning

While I talk to financial advisors in this video, the content applies to everyone. I might be asking advisors to share their stories of creating financial plans unique to their clients’ goals, but if you’re not a financial advisor you can also look at your financial plan–is it unique to your goals and values? If not, have you shared those…

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The Rundown

The Rundown: Balancing Today with Tomorrow

Balance is something I try to stress with clients when it comes to their financial plan and my friend Jeremy Walter shares reasons why this is so important. You can find his blog post below. Calibrating Capital: Today Vs. Tomorrowland Go ahead and subscribe to the RLS Wealth Management Rundown Flash Briefing. Disclaimer: Nothing on this blog should be considered advice,…

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Reversion To The Mean Podcast

Reversion To The Mean: Nagging Coworkers

Daily Press: Nagging New Coworkers To Save For Retirement Marketwatch: He Makes $150,000 A Year, She Makes $75,000: Is it ‘Unreasonable’ To Split Costs 50/50? Marketwatch: Millennial Couple In Kansas Needs Help Making Ends Meet On $500,000 A Year ESPN: Peterson Ordered To Pay Back $2.4M CNBC: Netflix Has Now Lost Two Of Its Most Popular Shows As Old Media Companies Flex Their…

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Mixtapes

Weekly Mixtape For July 21st, 2019

Week In Review Articles The WSJ: Stocks End Week Lower as Fed Signals Small Rate Cut The WSJ: Second-Quarter Earnings to Test Soaring Market The WSJ: Tech Rally Powers Record Gains for Stocks The WSJ: China Growth at Its Slowest Since 1992 as Beijing Struggles to Juice Economy The WSJ: The Nation Celebrates the 50th Anniversary of Apollo 11   Was asked today on a…

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All About Your Benjamins The Podcast

Ashby Daniels, CFP®: The Retirement Field Guide

Audience: Clients and Financial Advisors There are numerous factors to consider when it comes to retirement planning, and I don’t know of anyone better suited to discuss some of these topics than Ashby Daniels, CFP®, so I asked him to join me for a conversation covering some of them. In this episode we discuss: Understanding and re-evaluating your budget Choosing…

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Mixtapes

Weekly Mixtape For July 14th, 2019

It’s coming back by popular demand…The week in review video will return next week. Week In Review Articles… The WSJ: Jerome Powell Says Outlook Hasn’t Improved in Recent Weeks, Setting Stage for Rate Cut The WSJ: Health-Care Rally Helps Lift Dow to Record Close The WSJ: Stocks Close Out Week With More Gains The WSJ: SEC Clears Blockstack to Hold First Regulated Token Offering…

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Reversion To The Mean Podcast

Reversion To The Mean: BBQ Stock Tips

Think Advisor: Ex-NBA Star Says He Should’ve Listened to His Financial Advisor Vanguard: Working Teens And Roth IRAs: A Perfect Investing Match New York Times: At 75, Taking Care of Mom, 99: ‘We Did Not Think She Would Live This Long’ Washington Post: The Case For Diet Soda: It Gets A Bad Rap, But The Research Tells A Different Story Bloomberg: Beyond Meat Fever Turns…

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Mixtapes

Weekly Mixtape For July 7th, 2019

Reminder: The Week In Review Is Being Replaced By The Daily Flash Briefing In The RLS Wealth Management Rundown On Your Amazon Devices. Click Here To Enable This Flash Briefing!  Mixtape: Morgan Housel: Why Things Break: Easy Causes of Business and Investing Failure “The Upside Of A Recession “But now you have a problem. Information gained through real experiences is the most influential kind of information…

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Bigger Picture

We’re Only As Good As Our Peers

“One hand washes the other and they both wash the face” -Tyrone Ross Jr. (I know he wasn’t the first to say this, but he is who I ‘ve heard it from–multiple times.) Historically, the mentality of the financial advisor has been “me vs. you” (or “us vs. them” on the firm level); other advisors were viewed as competition in…

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