Investing
Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at what we fight about when we fight about money. Quote of the Day "The explosion in tech has invaded…
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After a bull market in 2023, let's look at the 2024 Wall Street forecasts for the S&P 500 (stock market). Overall, the 2024 S&P 500 targets range from 4,200 to 5,500, implying returns between -8.5% and +19.7% from 4,594. Obviously, anything…
By Dr. Rikki Racela, WCI Columnist The founder of this website is often baffled by the amount of questions/grievances/headaches that WCI followers face when attempting the Backdoor Roth IRA. It seems such an easy process, especially when comparing it to renal…
Quote of the Day "Once our egos are in control of what we do, we become poor listeners to what markets are actually doing." (Brett Steenbarger) Chart of the Day Pfizer ($PFE) is down some 50% from its Covid peak. (chart…
By Josh Katzowitz, WCI Content Director Ever since I became financially literate, two phrases run through my head constantly. One, which you’ll hear often from WCICON24 keynote speaker Paula Pant on her Afford Anything podcast is that you can buy anything you…
On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out last week’s edition here. Have a great weekend! Quote of the Day "In fact, we can suffer more…
By The Motivated MD, Guest Writer There are times in our lives that force us to stop and reflect. If I am being completely honest, I am a very self-reflective person. Recently, I found myself thinking a lot about the roles…
Quote of the Day "Work is work: mostly necessary, often boring, frequently annoying, occasionally insulting, and sometimes rewarding." (Derek Thompson) Chart of the Day Corn prices have been coming down for awhile now. (chart via YCharts) (ft.com) Markets Charlie Munger Fund…
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Everybody knows that being a long-term investor is the way to go. The longer you can stay invested in the stock market and real estate markets, the greater your chances of making more money. There's just one big problem with being…
Fridays are all about podcast links here at Abnormal Returns. You can check out last week’s links including a look at the state of the news media. Listening Lists AI Business Venture capital Finance Non-finance
By Dr. Jim Dahle, WCI Founder [Update prior to publication: After reading this post, Katie said I should put a disclaimer on the top of it that we're really going to get into the weeds today and if you're looking for…
Quote of the Day "There is a reason you see endless commercials about new financial products: marketing FOMO to tiny human brains is a heckuva business model." (Rubin Miller) Chart of the Day Core PCE is tracking below 2.5% now. (via…
Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at the high environment cost of beef consumption. Quote of the Day "Charlie Munger once said that the first rule of compounding…
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WCI columnist, pediatrician, and WCICON speaker, Dr. Margaret Curtis, joins Dr. Jim Dahle today on the podcast to help answer your questions. They debate the age-old questions of paying down debt vs. investing and if it's better to rent or buy…
Quote of the Day “Show me the incentive and I will show you the outcome.” (Charlie Munger) Chart of the Day It’s easy to forget how gloomy investors were going into 2023. (allstarcharts.com) Strategy Rates Crypto Finance Charlie Munger Sports Economy…
Ladies and gentlemen, this is the final post I will be publishing at The Reformed Broker. After today the site will be inactive, forever. I began this blog in November 2008 without any idea where it would take me. I had…
Wednesdays are all about personal finance here at Abnormal Returns. You can check out last week’s links including a look at the growing number of spare bedrooms in the U.S. Quote of the Day "Dreams take time to happen. And only…
Just like how the purchase price of a car is not the entire cost, the purchase price of a house is not the entire cost either. Let's discuss all the surprising costs that may come after you close escrow. First of…
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By Dan Miller, WCI Contributor Mint, the popular online budgeting and personal finance app, will cease to exist by early 2024, according to its parent company. Intuit, which bought Mint back in 2009, originally said that Mint would no longer be…
Quote of the Day "Summing up: do work, take a position, and have it be recognized as ‘right” by all legal means necessary." (Jeffrey Bronchik) Chart of the Day Air travel is tracking above pre-pandemic levels. (calculatedriskblog.com) Markets Strategy Companies Finance…
Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s edition including a look at the hardest part of a ‘buy-and-hold’ strategy. Quote of the Day "Knowing history is not the same as acting…
Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Year End Rally – Choose your weapon – tech almost…
The new online home of Ritholtz Wealth Management has (finally) arrived! It’s ironic that we’re a firm with ten content creators and all these big blogs but we’ve never really paid much attention to what our corporate site looks like or…
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[Editor's Note: Want to make a huge impact in the lives of your medical school classmates while also earning some free gear? Become a WCI Champion today and be the financial hero your med school colleagues deserve by passing out free…
Photo credit: coop Your wage earnings and other income can impact your Social Security benefit in several ways. These earnings can increase the amount of your Social Security benefit that is taxable. In some cases, continued earnings can increase your future…
Quote of the Day "Americans had lived through multiple jobless recoveries before this one. This recovery was a job-full recovery." (Claudia Sahm) Chart of the Day The Dow is just a few percent below its 2021 highs. (allstarcharts.com) Strategy Amazon Finance…
Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at growing use of direct indexing solutions. Quote of the Day "Just because there are new emerging technologies coming, that…
Empower surveyed 2,304 U.S. adults about financial happiness. And one of the most fascinating data points from the survey was that Millennials need to earn $525,000 a year to feel happy! Obviously, this is just one survey that doesn't reflect all…
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Can you spot what’s wrong in the image below? Please post your answer as a comment.Oh, I felt so tempted to make a snarky comment about this mistake!I post these challenges to raise awareness of the importance of proofreading. Related posts
By Dr. Jim Dahle, WCI Founder Many investors wonder if farmland investing should be part of their portfolio. Like other “alternative” investments—such as cryptoassets, art, precious metals, viaticals, reinsurance, commodities, peer-to-peer loans, oil/gas, or venture capital—farmland is completely optional to a…
Quote of the Day "Timing the market is, for the vast majority of us, a recipe for losses. It may work some of the time, but it’s unlikely to work all of the time." (Jeff Sommer) Chart of the Day (twitter.com)…
On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out last week’s edition here. Have a great weekend! Quote of the Day "Most flyers are quiet and courteous…
Partially thanks to high mortgage rates, the percentage of homebuyers who pay cash has risen. As of September 2023, according to Redfin, 34.1% of U.S. home purchases were made in cash. This is up from 29.5% in September 2022, when mortgage…
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We did a surprise Thanksgiving podcast drop and had our friend Morgan Housel on the show to talk about the big idea behind his new book, ‘Same As Ever‘. We get into some stuff on the responsibility of a board director, the…
Instead of sharing the usual things I'm thankful for (health, family, being Asian, etc.), I thought I'd share some unusual things I'm thankful for this year! 2023 was supposed to be a return to easy living. Alas, I don't feel very…
At the end of the year, there’s a trend that happens for many people: a much more relaxed approach to spending and budgeting. For a lot of people, by the time the holidays roll around, they’ve already fallen off track with…
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Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Sam Altman – OpenAI turmoil. ►Buyback SURGE – “$QQQ largest…
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“Armed to the teeth.” This is the phrase that came to mind as I was watching Josh Smith walk us through the demo of VRGL last week. I thought to myself it would be impossible for a mediocre financial advisor to…
I've been trying to leave San Francisco since 2014. After fake retiring in 2012, I thought it was only logical to move to a lower-cost area of the country, like Honolulu, to save money and be closer to my folks. Yes,…
× Please contact your Firm's Group AdminIAR CE is only available if your organization contracts with Kitces.com for the credit. Please contact your firm's group administrator to enable this feature. If you do not know who your group administrator is you…
On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out last week’s edition here. Have a great weekend! Quote of the Day "Be it personal or collective, sobriety…
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Dear Donors,
We hope this message finds you in good health and high spirits. We are reaching out to you today with a heartfelt appeal for your support in sustaining our health practice. Over the past two decades, our firm has been dedicated to providing specialized care to those in need, and now we turn to you, our valued community, to help us continue this noble mission.
Since our establishment in 2003, our practitioner, a seasoned researcher, teacher, and healer, has devoted over 30 years of his life to serving individuals who have experienced the unimaginable. His journey began by offering care to people returning from conflict zones, wars, natural and man-made disasters, and those who have been victims of torture. Through his expertise, he has been able to alleviate the physical and emotional burdens that these individuals carry.
Our practitioner’s specialization lies in the treatment of psychotrauma and Post-Traumatic Stress Disorder (PTSD), understanding the profound impact they have on health and life, not only for the individuals directly affected but also for their loved ones. Additionally, he has dedicated himself to providing long-term support for those battling physical and mental injuries, cancerous pathologies, genetic diseases, and other challenging conditions.
Through his unwavering commitment, he has helped and cared for several thousand people who were in desperate need, enabling them to not only survive but thrive. For those who lacked financial means, he has always offered care free of charge, allowing them to receive the support they needed, regardless of their circumstances. Those who could afford it were encouraged to contribute what they could, fostering a sense of community and shared responsibility.
The impact of our practitioner’s work cannot be overstated. Lives have been saved, hope has been restored, and the journey towards healing has been made possible for countless individuals. However, we find ourselves at a critical juncture where we urgently need your help and support to ensure the continuity of our services.
By making a donation to our health practice, you will directly contribute to the well-being and transformation of lives. Your generosity will empower us to continue providing essential care, support, and treatment to those who are most vulnerable. Your contribution will help us acquire the necessary resources, develop innovative therapies, and expand our reach to make a lasting impact on the lives of individuals and communities in need.
Join us in making a difference today. Your support will not only sustain our practice but also enable us to extend our services to those who might otherwise go without the care they desperately require. Together, we can create a brighter, healthier future for all.
To make a donation, please visit our donation page. Every contribution, no matter the size, makes a significant difference in the lives of those we serve.
Thank you for considering our appeal and for your compassion in supporting our health practice. Together, we can continue to save lives and inspire hope.
With deepest gratitude,
Yan A. Reichlen de Meldegg
Practitioner in Neusopsychology
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