Investors often assume the markets are working against them. For those with a large slug of cash to put to work in the markets, the fear is they will put all of their money to work right before the market takes a dive and completely mistime things. There is no perfect time to invest but the...| A Wealth of Common Sense
Some thoughts on how I see the world.| A Wealth of Common Sense
I wrote the following piece for Bloomberg a couple weeks before the start of the stock market correction that saw stocks fall 10% or so. If you’ve been listening to the podcast, we went over some of the answers to these questions but this was still far too short of a time frame to make...| A Wealth of Common Sense
Stocks can’t continue to go up forever and rates can’t continue to go down forever so what am I supposed to do? I’ve been receiving similar questions about the markets for a number of years now. In some ways, investing in an ever-rising market is just as hard as staying the course during a bear...| A Wealth of Common Sense
Are we in another tech bubble?| A Wealth of Common Sense
July 2025 | A Wealth of Common Sense
3 good charts on the stock market.| A Wealth of Common Sense
Consumer balance sheets are as strong as they've ever been heading into a recession.| A Wealth of Common Sense
March 2025 | A Wealth of Common Sense
How to deal with a large increase in your income in a short period of time.| A Wealth of Common Sense
The biggest risk for retirees.| A Wealth of Common Sense
The middle ground between saving everything and spending everything.| A Wealth of Common Sense
Wealth means different things to different people. Some people assume wealth is the amount of money you have in the bank or your investment portfolio. Others judge wealth based on the number of material possessions you’re able to buy. Then there are those people who figure only those with a high enough income can be...| A Wealth of Common Sense
2023 | A Wealth of Common Sense
How inflation could impact retirement withdrawal rates going forward.| A Wealth of Common Sense
July 2024 | A Wealth of Common Sense
What the Bogle Expected Return Formula says about today's stock market returns.| A Wealth of Common Sense
Forbes has an excellent profile out on DoubleLine’s Jeffrey Gundlach. The entire piece is worth a read since Gundlach is not only one of the most respected investors out there today but he’s also very outspoken and entertaining. There was one part of the interview that I thought was interesting as it relates to the...| A Wealth of Common Sense
Some stories about Thomas Edison, Micheael Ovitz and Michael Crichton.| A Wealth of Common Sense
How my thoughts on spending money have changed over the years. And why I'm spending more money that ever today.| A Wealth of Common Sense
October 2025 | A Wealth of Common Sense
1 in 5 U.S. households are now millionaires. The post House Rich Millionaires appeared first on A Wealth of Common Sense. ...| A Wealth of Common Sense
Should you sell some of your big winners from the April lows? The post When Should You Sell a Stock? appeared first on A Wealth of Common Sense. ...| A Wealth of Common Sense
On today's show we discuss why it's so difficult to call the top, why earnings matter so much, we were due for a correction, valuations aren't that crazy, good news for low income Americans, how the housing market is impacting the stock market, why Gold is rocketing higher, the cash on the sidelines fallacy, the crypto liquidation, the problem with being house rich and much more. The post Animal Spirits: Did the Market Ju...| A Wealth of Common Sense
Low income Americans and young people are more involved in the stock market than ever before. The post Two Positive Trends in Household Wealth appeared first on A Wealth of Common Sense. ...| A Wealth of Common Sense
On today's show we discuss investing in data centers, airports and other types of infrastructure assets with Scott Litman from CION GCM Grovesnor. The post Talk Your Book: How Infrastructure Funds Work appeared first on A Wealth of Common Sense. ...| A Wealth of Common Sense
The stock market goes up more often than it goes down but you have to respect the possibility of loss. The post Stocks Go Down Too appeared first on A Wealth of Common Sense. ...| A Wealth of Common Sense
Can anyone call the top in this market? The post Is This the Top? appeared first on A Wealth of Common Sense. ...| A Wealth of Common Sense
Is stock market concentration here to stay? The post The New Normal of Stock Market Concentration appeared first on A Wealth of Common Sense. ...| A Wealth of Common Sense
On today's show we discuss the melt-up phase of the AI boom, there is a bubble in bubble predictions, no one is going to call the top, hyperscalers vs. the labor market, international stocks are outperforming, Taylor Swift, junk stocks, the top 1% vs. the bottom 90% and more. The post Animal Spirits: It Feels Like 1999 appeared first on A Wealth of Common Sense. ...| A Wealth of Common Sense
Some thoughts on how to feel rich and why so many Americans are miserable despite being the richest country in history.| A Wealth of Common Sense
America's new favorite pastime.| A Wealth of Common Sense
Timing the housing market is a bad idea.| A Wealth of Common Sense
Minneapolis and Austin are the models of making housing more affordable.| A Wealth of Common Sense
On today's show, we discuss what Elon Musk can do with Twitter, bonds & stocks falling together, growth stocks keep getting killed, and much more.| A Wealth of Common Sense
What shapes your relationship with money?| A Wealth of Common Sense
“This [value investing] is a pretty good thing to have as part of your portfolio but it does not always work, cause nothing does.” – Cliff Asness In his recent speech at the Morningstar Conference, Cliff Asness of AQR Capital Management shared his thoughts on the two main reasons that value investing works: (1) Cheap...| A Wealth of Common Sense
How the upper, middle and lower class has changed over time.| A Wealth of Common Sense
My plan to get more people saving for retirement and investing in the stock market.| A Wealth of Common Sense
Money lessons from Daphne, Cameron, Ethan, Harper, Tanya, Quentin and crew.| A Wealth of Common Sense
February 2025 | A Wealth of Common Sense
Why I'm not a golfer.| A Wealth of Common Sense
Some thoughts on the coast FIRE movement and how to think about retirement planning from a young age.| A Wealth of Common Sense
June 2025 | A Wealth of Common Sense
I received some great feedback on my post from my post earlier this week on the challenges involved with beating the market (see: Something Most Investors Simply Cannot Accept). But some people seemed to misinterpret my message. The point of showing the statistics on the underperformance of active management is not necessarily to convince someone...| A Wealth of Common Sense
In a recent Q&A with Patrick O’Shaughnessy, I said the following when asked about the momentum factor: I’m a huge fan of the momentum factor, mainly for its diversification benefits. It’s also the least understood of the well-known risk factors. I’ve done a ton of work on momentum in my day job, but haven’t been...| A Wealth of Common Sense
May 2016 | A Wealth of Common Sense
Some charts about value investing, small caps, gold and more.| A Wealth of Common Sense
An update on long-terms for stocks, bonds, cash, real estate and gold.| A Wealth of Common Sense
September 2025 | A Wealth of Common Sense
A closer look at the biggest driver of stock market returns over the past 13 decades.| A Wealth of Common Sense
On today's Animal Spirits Talk Your Book we talk to Matt Bartolini from State Street and Chris Ward from Bridgewater Associates about the SPDR Bridgewater All Weather ETF, the strategy's origins, how it works, the fees involved and much more.| A Wealth of Common Sense
Some thoughts on stock market symmetry and asymmetry.| A Wealth of Common Sense
The AI bubble has gone plaid.| A Wealth of Common Sense
Some career advice for a 20-something.| A Wealth of Common Sense
On today's show we discuss bubble behavior from tech CEOs, the AI inflection point, S&P 10,000, panic selling, $7.7 trillion in money markets, the two-speed economy, most IPOs are terrible investments, how to bring down mortgage rates, the demographic housing battle, youth sports and more.| A Wealth of Common Sense
Some thoughts on Alexander Hamilton, Benedict Arnold, Liam and Noel Gallagher.| A Wealth of Common Sense
On today's show, we are joined by Graham Day, EVP and CIO of Innovator Capital Management to discuss what the Dual Direction ETF is, how the portfolio is constructed, different outcomes with this product, the timing around buffered ETFs, and much more.| A Wealth of Common Sense
Does anyone actually follow the 4% rule?| A Wealth of Common Sense
Small caps vs. large caps vs. IPOs.| A Wealth of Common Sense
How average returns change by holding period.| A Wealth of Common Sense
A historical look at mean reversion on the U.S. stock market.| A Wealth of Common Sense
A deep dive into how financial advice has changed by decade.| A Wealth of Common Sense
How the AI arms race is impacting the economy.| A Wealth of Common Sense
The story of Bob, the world's worst market timer.| A Wealth of Common Sense
2025 | A Wealth of Common Sense
Lessons from Greg Zuckerman's book on Jim Simons.| A Wealth of Common Sense
A look back at the start to my investment career on the sell side.| A Wealth of Common Sense
February 2024 | A Wealth of Common Sense
Larry Ellison, Warrn Buffett and the labor market.| A Wealth of Common Sense
Some things I've learned from my time in wealth management.| A Wealth of Common Sense
Answering a question about emergency funds and cash as a strategic portfolio allocation.| A Wealth of Common Sense
On today's show, we are live in Huntington Beach, California for Future Proof 2025.| A Wealth of Common Sense
On today's Talk Your Book we speak with Ehren Stanhope from Canvas Custom Indexing about the evolution of investment products, why 2019 changed everything, how financial advisors are using Canvas with their clients and why technology is such an important component in this process.| A Wealth of Common Sense
Some lessons learned from 10 years at RWM.| A Wealth of Common Sense
You can't trust sentiment readings anymore.| A Wealth of Common Sense
Some thoughts on historical valuations an what they mean for the current environment.| A Wealth of Common Sense
Bad stuff happens and the stock market still goes up.| A Wealth of Common Sense
On today's show we discuss rich people everywhere, why this isn't like the dot-com bubble, the markets don't care about bad vibes, junk bonds are on a tear, there are more ETFs than stocks, Reddit loss porn, American exceptionalism, what would actually fix housing, the S&P 500 is outperforming private equity, 7 year auto loans, the 9-9-6 lifestyle and more.| A Wealth of Common Sense
Follow your passion and other useless career advice.| A Wealth of Common Sense
In a recent post I quoted Warren Buffett who said, “The most important skill in finance is salesmanship.” I said that I completely agreed with this statement, but it took me a while to come to this understanding. A few people asked so I decided to expand on these thoughts. I always used to assume that sales were...| A Wealth of Common Sense
May 2025 | A Wealth of Common Sense
Why stocks don't always outperform bonds over the long-term.| A Wealth of Common Sense
At the lows, the S&P 500 was off roughly 34% from its highs. From those lows it’s now up almost 25%. This is confusing to many investors for a number of reasons: The economy is still effectively shut down for the foreseeable future The unemployment numbers continue to worsen as jobless claims in the past...| A Wealth of Common Sense
April 2021 | A Wealth of Common Sense
Fed rate cuts with the stock market at all-time highs.| A Wealth of Common Sense
May 2015 | A Wealth of Common Sense
I remember when The White Stripes burst onto the scene from Detroit in the early-2000s. Their sound was unique. Their look was unique. And no one could figure out what the relationship was between Jack and Meg White. Are they brother and sister? Are they married? Maybe they’re cousins? This was the early days of...| A Wealth of Common Sense
A look back at the 1920s Florida real estate bubble.| A Wealth of Common Sense
June 2022 | A Wealth of Common Sense
Why should I invest in international stocks?| A Wealth of Common Sense
May 2024 | A Wealth of Common Sense
Could we see another lost decade in the U.S. stock market?| A Wealth of Common Sense
I finally got around to reading Bull: A History of the Boom and Bust, 1982-2004 by Maggie Mahar and it was well worth my time. This book provided a fantastic history lesson on the years preceding and during likely the greatest bull market the U.S. will ever see. It’s great to have the ability to have a...| A Wealth of Common Sense
How the Businessweek story on The Death of Equities is playing out with Millennials today.| A Wealth of Common Sense
Historical returns for stocks, bonds and cash from 1928-2023.| A Wealth of Common Sense
A short history of bond bear markets.| A Wealth of Common Sense
August 2025 | A Wealth of Common Sense
How have index funds impacted stock market returns?| A Wealth of Common Sense
On today's show we discuss what happens to the stock market after Fed rate cuts, is this 1996 or 1999, why value stocks need a recession, investors love options, how people invested before the Internet, why we need a correction and much more.| A Wealth of Common Sense
