A Wealth of Common Sense. Investor, author, and host of Animal Spirits podcast, focuses on simplifying finance for everyone; has backed over 200 companies.
This past week I wrote about a possible melt up in the Nasdaq 100.
This chart is a good summary of that post:
The logical follow-up question (which many people asked) is this: Is this a bubble?
The Roaring 20s were a bubble. The 1950s weren’t a bubble. Japan was a bubble. The dot-com boom was a bubble.
This can be a difficult question to answer because everyone knows when we’re in a financial crisis but peopl...
In The Investor’s Manifesto, William Bernstein lays out the four abilities every investor needs to be successful:
First they must possess an interest in the process. It is no different from carpentry, gardening, or parenting. If money management is not enjoyable, then a lousy job inevitably results, and, unfortunately, most people enjoy finance about as much as they do root canal work.
Second, investors need more t...
Bill Sweet joined us on the show again this week to tackle questions about why stocks are up, how consumption taxes work, foreign tax credits, how to save for college, retirement planning for small business owners and how to sell low cost basis stocks.
Further Reading:
31 Years of Stock Market Returns
The post 50 Years of Stock Market Returns appeared first on A Wealth of Common Sense.
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Here are 7 of the biggest risks from the past 100 years or so of financial markets:
1. Following the Roaring 20s the U.S. stock market peaked in September 1929. Over the next three years or so the stock market would fall 86%.
A $1 million portfolio would have turned into $140,000.
2. The 1970s inflation was absolutely brutal for households and investors alike. The inflation rate averaged nearly 8% per year that decade, wh...
Today’s Talk Your Book is brought to you by Janus Henderson Investors:
To learn more about Janus Henderson Investors click here: https://www.janushenderson.com/
On today’s show, we discuss:
Why AAA CLOs have never experienced a default in the history of the asset class, through 2008, 2020, and 2022
How the waterfall structure and overcollateralization in CLOs provide a built-in layer of credit protection
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