WEALTHSTEADING Podcast investing retirement money stock market & wealth

Episode 174: Fighting authority usually isn’t a good idea…I have scars to prove it. Apple’s stock could be in jeopardy if it doesn’t comply with the FBI.  I think a compromise could be reached that would actually be very beneficial to Apple. Here’s a chart with Apple juxtaposed over the Volkswagen emission scandal:  http://www.investablewealth.com/apple-vs-the-fbi/ ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 173:  I’m back invested in the US Dollar through UUP and for my personal account have shorted Gold through DGZ.  My positions parallel my thoughts on global currency and so in this episode I’ll discuss the continuing global currency war- specifically discussing how I believe the Yen and Yuan will devalue further. The S&P500 is bobbing above 1850, which keeps it out of a Bear market…I expect it to recover with a relief rally before dipping lower. ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 172:  Today I discuss the classic inspirational lecture given by Russell Conwell, entitled “Acres of Diamonds”. I first heard the story in 1996, and dismissed it as a fanciful faith promoting legend.  Is the origin of the tale true?  I have no idea, but as I’ve matured, I have come to believe in the essence of the storyline- your fortune is most likely hidden where you’re currently standing. ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————

Episode 171:  This downtrend is persistent.  The pre-2016 market personality was one of “buy the dip” and move on to new highs.  That’s no longer the case.  Many sectors of the market are clearly in bear market territory, off their highs by 20-30%…or more.  Even fashionable stocks have been tarnished- Disney down 23%, Apple down 30%, Tesla down 44%, and LinkedIn down 61%. The market personality has clearly shifted to a defensive posture, with rotation into “safe” sectors like Utilities, Consumer Staples, and Telecoms.  [In my opinion, all extremely overvalued.]  This occurs, because large institutional investors can’t simply liquidate their holdings and move to cash.  They’re required to stay invested.  So during troubled times, they hunker down in vanilla positions, hoping to ride out the storm with minimal damage. The outcome depends on the magnitude of the economic storm.  Will these trouble times blow over, or will they develop into a Katrina level hurricane? ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 170:  In this episode I discuss how to value a stock, mostly in the form of the Price:Earnings ratio.  PEs are extremely relevant and when someone tells you that this is a new economy, that it’s different this time, and valuations or earnings don’t matter…well it’s probably time for you to stop listening to that person. ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 169:  In this episode- * Markets are moving up due to faith in central bank stimulus * Listener questions: Government Retirement G funds & my sources of market data * Ignore what they say- focusing on Apple CEO Tim Cook’s comments about growth in China My podcast appearances this week: – Ham Radio Fo Time Podcast:  http://amateurradio15.com/44/ – The Survival Podcast discussing Technological change as a nightmare or golden age:  http://www.thesurvivalpodcast.com/nightmare-or-golden-age ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 168:  The market is struggling and investors aren’t “buying the dip”.  In this episode I compare and contrast current market conditions to what occurred during the August 2015 flash crash.   ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 167:  Today the S&P500 closed near support at 1850, which is my delineation between the likelihood of a Correction or a full blown Bear market. (see:  http://www.investablewealth.com/correction-or-bear/   ) We’ll have to wait and see how this works itself out.  Now is not the time to panic, a prudent investor would have already taken precautions.  In this episode I draw the analogy of checking the flashlight batteries before the lights go out. It’s also important to remember that there is nothing new effecting this market.  As a refresher, listen to the below previous episodes to understand what’s causing this correction and ways to deal with it: 12/1/14  #50- Reality of the strength of the US Dollar https://www.wealthsteading.com/50 6/6/15  #116- Oil small fluctuation in supply (part 1) https://www.wealthsteading.com/116 6/8/15  #117- Oil small fluctuation in supply (part 2) https://www.wealthsteading.com/117 7/12/15  #124- China’s 3 strikes https://www.wealthsteading.com/124 9/2/15  #133- What are you learning from this market correction? https://www.wealthsteading.com/133 9/13/15  #138- Build watch list during market correction https://www.wealthsteading.com/138 ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano.  The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 166:  What’s going to happen in the stock market this year?  I have NO IDEA…and neither does anyone else.  Beware of those that claim they do! Since I can’t provide you with a forecast, I’ll give you a no-cast covering my thoughts on what’s happening in the current market correction.  And also discuss the importance of historic data and simple moving averages. ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 165:  During this time of market turmoil, I think this is a good opportunity to forget about the stock market and tell a story.  And what’s better than a detective story? People often ask what I recommend they read to learn more about investing…perhaps the best recommendation I can give is a detective story. WHAT?  That’s right and in this episode we’re going to discuss the foundation of every detective story and that’s MOM- Method…Opportunity…Motive. When you understand MOM, you’ll understand situational awareness and pattern recognition…which are the essence of trend following swing trading.  In fact, MOM helps with all areas of life- business, sales, education…it all comes down to Method-Opportunity-Motive. As to a good detective story, I’m old school, I don’t think it gets much better than Nero Wolfe. ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 164:  The stock market is sitting on a razor’s edge…will it recover and rally up or is it doomed for a bear market?  It’s likely to have a relief rally briefly before it drops to new lows.  BUT NO ONE KNOWS FOR CERTAIN. The market is at an inflection point, full of uncertainly and there is no safe place to hide: * GOLD: The fear index is up but Gold can’t get much above $1100. * OIL: There’s trouble in the Middle East with the Saudis and Iran but Oil is below $32. * COMMODITIES: In general, I believe we’ll see commodities regress back to the mean of pre-Housing Boom prices, ie average prices prior to 2005. * US DOLLAR: Countries throughout the world are devaluing their currency and yet the Dollar index can’t break above 100. * TREASURES: Despite Fed tightening, the 10yr yield is under 2.15% but if you buy TLT you’re in effect “fighting the Fed”. * EARNINGS: Corporate earnings and GDP growth continue to be revised down but the market continues to trade at high valuations. * SENTIMENT: The Bears have a slight edge on the Bulls but professional buying of the “dip” seems to be waning. * VALUE: Defensive value stocks are trading at extremely high valuations- MO 21PE; PG 19PE. * LEADERSHIP: Google, Facebook, Disney, Tesla…are fading. * SMALL CAP: The Russell 2000 has fallen below the August flash crash and is testing the lows from the Oct 2014 correction. * FOREIGN: Europe, Japan, and Emerging markets are all reeling. Keep watch on GROWTH in China…not their stock market.  Oil is likely to drop well below $30 before stabilizing at around $45 once the Chinese economy is steady. ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 163:  Although I’m an “active” trader, I traded very little in 2015 because I was concerned about the bottom falling out of the stock market.  This was of special concern because the S&P500 had not broken below its 50 day moving average since 2011 but the top appeared to be flattening. In this episode I reflect on the trades I made in 2015 and emphasize the point that being an active trader doesn’t mean that you should irresponsibly trade or speculate in uncertain markets. KEY POINT: Making the decision NOT TO TRADE is a trade. ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2016 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 162:  In this episode I discuss why you should not only consider Risk but also Alpha. Alpha is the measurement of performance on a risk adjusted basis.  As a simple (and graphic) illustration, consider the risk/reward associated with the game of Russian Roulette. ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 161:  The stock market has more to do with human nature than it does with balance sheets.  That’s why attitude and motivation are so important.  The power of positive thinking can’t create money out of thin are, but the right attitude can provide you with a competitive edge that puts you over the top.  It’s important in the stock market, as an employee or an entrepreneur. In this episode I reflect on the movie CREED and what we can learn from Rocky- * One step, one punch, one round at a time…just like my mantra of Earn, Save, Invest * Look in the mirror, that’s the toughest opponent you’ll ever face Here’s a picture of my daughter and me getting motivated at CREED: ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–

Episode 160: Much as been made about the demographic decline that is occurring as Baby Boomers age and move into retirement and eventual death.  This is a global phenomenon. I pay close attention to demographic trends and I have spoken often about how low birth rates are stunting global growth.  HOWEVER, I’m not apocalyptic…I leave that to guys like Harry S Dent (The Demographic Cliff) that have made a career of predicting  demographic spurred economic collapse. In this episode I discuss the Baby Boom issue but also stress the concept that there are two sides to every trade…and the successful investor will optimistically look for opportunity and not dwell in pessimism. The key to success is being able to Observe and Adapt, this applies to all endeavors- investing, employment and entrepreneurship. ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/ Full archives are available at:  https://www.wealthsteading.com ————————————————————- Subscribe to the Wealthsteading Podcast: via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah. ————————————————————–