A Wealth of Common Sense. Investor, author, and host of Animal Spirits podcast, focuses on simplifying finance for everyone; has backed over 200 companies.
We also answered questions straight from our Compound audience about setting up a financial plan for your elderly parents, the pros and cons of investing in real estate, how to have difficult financial conversations and how inflation impacts portfolio withdrawal strategies.
Further Reading:
4 Big Questions About the Economy
The post Why the Stock Market Has to Crash appeared first on A Wealth of Common Sense.
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There’s a neat website called Ordinary Abundance that looks at many of life’s luxuries that are relatively new that we all take for granted.
It does this by pulling old quotes from people who experienced these new breakthroughs in real-time.
Electricity:
Clean water:
Medical care:
Indoor plumbing:
Music on demand:
It’s a sign of progress that we don’t celebrate these minor miracles. In fact, w...
Today’s Talk Your Book is brought to you by Sprott:
To learn more, listeners should visit Sprott.com and SprottETFs.com.
On today’s show, we discuss:
Why commodities have become an unexpected AI and technology play
How Sprott defines critical materials and the nine metals it targets
Why miners have been more disciplined this cycle than in past booms
How China’s dominance in refining i...
We’ve been in a bull market for a long time now — give or take 17 years and counting.
But there have always been caveats.
It’s just the S&P 500.
It’s just the Mag 7.
No other markets are keeping up.
The stock market is too concentrated.
The fundamentals aren’t keeping pace with prices.
Things started to change in recent years.
Diversification is working again. All of capex from the AI bui...
I wrote about new all-time highs in the stock market recently. There have been nearly 1,400 new highs on the S&P 500 since 1950.
That’s 7% of all trading days in this time.
If you’re a long-term investor, you’re going to be living through a ton of new all-time highs in your investing lifecycle.
However, you’ll also spend a lot of time in a state of drawdown. If 7% of all trading days have been ...
