A Wealth of Common Sense. Investor, author, and host of Animal Spirits podcast, focuses on simplifying finance for everyone; has backed over 200 companies.
The housing market was very affordable with low mortgage rates in the 2010s.
The housing market was relatively affordable in 2020 and 2021 with generationally low mortgage rates in 2020 and 2021.
Since 2022 the housing market has become extremely unaffordable with much higher mortgage rates.
The ramifications of this move seem obvious. Many young people are out of luck if they don’t have help from family money. Lots...
Today’s Talk Your Book is brought to you by NEOS:
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On today’s show, we discuss:
Transforming the return structure of an asset class from capital appreciation towards income
Growth in the Option ETF space
Using option strategies to lower overall portfolio volatility
Option ETFs that build around core portfolio allocations...
Some questions to consider as we approach a new year for the stock market:
What will the worst drawdown look like? Going back to 1928, the average peak-to-trough drawdown in a given calendar year is -16%.
That’s higher than it seems, right?
Drawdowns were worse than average in 2025 (-18.9%), 2022 (-25.4%) and 2020 (-33.9%). Peak-to-trough drawdowns were better than average in 2024 (-8.5%), 2023 (-10.3%) and 2021 (-...
We also covered questions about my personal stock-picking strategy (or lack thereof), buy-now-pay-later spending strategies, playing catch-up on retirement savings after screwing around in your 20s and how return stacking works, with some help from Corey Hoffstein.
Further Reading:
Why the 4% Rule is More Like the 2% Rule
The post The 4 Year Rule For Retirement Spending appeared first on A Wealth of Common Sense.
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On today’s show, we discuss:
US stocks just suffered one of their most stunning reversals in 32 years
P/E Has ...
Everyone is trying to put the massive AI spend by technology companies into context.
The easiest historical analogies are the telecomm buildout in the 1990s dot-com bubble and the railway bubbles of the 1800s. Each period was defined by excessive infrastructure spending, investor euphoria, and bubbles that popped but still had lasting positive effects.
I’m familiar with the railway bubble because I wrote an entire c...
