The Wise Investor Show

Maybe it’s not THE question but it’s a good question all the same! How do you decide what you need to keep and what's ok to shred when it comes to your important documents? Ann discusses things to consider when downsizing.

This week, we look at FedEx and the market for their services, which don't include Amazon. Also, the natural gas market is broken and fixing it could be easy and a big investment win.

David discusses 7 key indicators that reveal the health of the U.S. economy such as trucking volumes, bank lending, capital spending, and unemployment.

Simon notes how some investors spend more time worrying about mildly impactful issues like individual stock holdings but neglect estate planning mistakes that can have major negative implications. He details some reasons why an estate plan may be out of date and needing of a refresh. He also discusses how financial headlines serve more to distract than educate. He gives a few examples and how little value they provide.

Simon discusses how the "stock market is not the economy and the economy is not the stock market". Investors often miss the mark when they conflate the two. Simon also examines the lost of art of patience from several perspectives and how important it is to achieve gains over the long haul. He updates the latest from ABBV, BWA and FDX.

David gets into the things to consider when contemplating a home renovation as well as an update on what the group is looking at from an economic perspective.

Simon discusses how this decade-long bull market has given rise to the narrative that "investing is easy". He notes fund flow data during the recent bout of market volatility and how investing certainly is much more difficult than advertised. He observes how the limited effectiveness of market timing, anchoring to artificial timeframes and benchmarks and dreaming of huge winners can all be injurious to investment success. Simon also reviews the current market backdrop and how risks are elevated with more questions than answers. He makes the case for JPM and C as standout values and what to think about the recent rise in anti-trust scrutiny of the technology behemoths.

Matt delves into the essay "The Way to Wealth" by Benjamin Franklin to see what pearls of wisdom can be learned to help us in our wealth building endeavors. Matt draws 8 Wealth Lessons from the text: 1) Stop making excuses 2) Time is money 3) Don't procrastinate on making a change 4) wealth building requires deep motivation 5) Wealth building requires discipline and patience 6) You are the captain of your own ship and you need a plan to chart your course. 7) Pay yourself first and make savings a priority over spending 8) The little things count--remove frivolous spending from your life.

In the film, My Cousin Vinny, Joe Pesci's character talks about if you look at evidence from only the right angles, then it looks pretty solid. Well, as a stock analyst, he might by a bit bearish, but the rest of the market analysts are looking at what may continue to drive us forward. So, this week we also consider the scenario, led by robust earnings growth in 2020, that may continue the bull market for many quarters to come.

Simon discusses how this decade-long bull market has given rise to the narrative that "investing is easy". He notes fund flow data during the recent bout of market volatility and how investing certainly is much more difficult than advertised. He observes how the limited effectiveness of market timing, anchoring to artificial timeframes and benchmarks and dreaming of huge winners can all be injurious to investment success. Simon also reviews the current market backdrop and how risks are elevated with more questions than answers. He makes the case for JPM and C as standout values and what to think about the recent rise in anti-trust scrutiny of the technology behemoths.

While the market approaches new highs and the indicators are mixed at best, we're being sold that it's the Fed and nothing else that matters. This week we talk about them reversing course and look at a name that's being offered at a great value today.

Simon presents a sobering portrait of the current market backdrop, but also offers some silver linings and rationale for staying the course. He also talks about how the bond market may not be the tell some swear by, how investors should take this opportunity to re-balance their portfolios and how one should be careful not to buy into "knee jerk" trade war investment strategies. He makes the case for AVGO as an excellent value for long-term, patient investors.

If the SECURE Act becomes law and IRA account owners get 2 extra years of tax-deferred compounding, that could mean the difference between a $1MM Account and a $1.2MM Account. The early compounding sets the right habits in motion. The LATE compounding is where the money is!

The fundamentals are overly optimistic, despite downward revisions, and downside risk remains the greater chance. This show looks at the case to further reduce equity exposure, as it's not too late.

Simon discusses how Visa enjoys a highly defensible market position, secular tailwinds, strong profit margins and attractive new growth markets. It is worth considering even at a historically high valuation. Simon also discusses the current market weakness and how economic data, stock prices and bond yields are telegraphing slower global growth. He highlghts some key sign posts to watch going forward.