A Wealth of Common Sense. Investor, author, and host of Animal Spirits podcast, focuses on simplifying finance for everyone; has backed over 200 companies.
I have some good news and bad news about the state of retirement savings for Americans.
Let’s start with the bad news.
Torsten Slok shows half of American households have no retirement assets to speak of:
Young people still have time to play catch-up. It’s scary so many people 65 and older have no retirement assets to lean on. This is not great.
Now for some good news from The Wall Street Journal:
It took nea...
International diversification has been an anchor around the necks of balanced investors for some time now:
Outperformance between America and the rest of the world has historically been cyclical. The latest cycle has lasted much longer than any of the previous iterations.
Just look at how dominant the United States has been in terms of grabbing market share:
Here’s what I wrote back in December:
In 20 years of man...
My tax guy Bill Sweet joined us on the show to discuss questions about Roth 401ks, dealing with uncertainty in a financial plan, buying a golf membership to a premium club and traditional vs. Roth assets in retirement.
Further Reading:
Market Timing a Recession
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On today’s show, we discuss:
Dalio Warns of US Debt Crisis ‘Heart Attack’ Within Three Years
The Wall of Worry is Dead
The Wild Economi...
Ray Dalio is back at it again, predicting yet another debt crisis in an interview with Bloomberg:
He gives us about three years until the U.S. has a heart attack from too much debt:
“I can’t tell you exactly when it’ll come, it’s like the heart attack,” he added. “You’re getting closer. My guess would be three years, give or take a year, something like that.”
Dalio is a bil...
Today’s Talk Your Book is brought to you by Halo Investing:
See here for more information on Halo’s structured product suite
On today’s show, we discuss:
The difference between buffered ETFs and structured notes
Understanding structured note investing
Halo’s structured note SMAs
Using structured notes as an insurance policy on your portfolio
How fees work with structured note SMAs
Scaling custom-s...
