I am thrilled to introduce George Sisti one of the smartest people in the field of personal financial planning, as well as asset allocation. I think the best way to introduce George’s work is to share a couple of his recent articles. In the first, George discusses the possible impact of “Fake News” on an investors’ financial future. He ends the article with one of the best pieces of original advice I’ve read. Don’t miss it! In the second article, “The Illusion of Wealth,” he discusses the important choice between whether to annuitize your 401k or roll it over to an IRA. Stay tuned for his advice at the end of the podcast. By the way, George is a long time personal friend. We have some differences of opinion but I have never heard him give a bad piece of advice. To read these articles, click here.
In a recent interview on Ken’s Bulls and Bears, Ken Roberts and Paul discuss a range of topics including the differences between the expected risk and return of small cap value mutual funds and ETFs, the steps that investors can take to invest for an early retirement, the most important facts that every investor should know and the lessons investors might have learned from what happened in the market in 2016.
In this podcast Paul reads and comments on a letter from a regular listener. The letter discusses what the investor is doing for her 3 children and the concerns she has when the children are old enough to cash out the proceeds. The letter also offers some of the confusion she had when she first contacted Motif to open an account. Finally she asks for Paul’s advice on which portfolio is best if she wants to be aggressive. These are the 3 websites the investor claims have motivated her to adjust her lifestyle and save for the future. I can see why they are appealing to young investors. http://www.gocurrycracker.com
Paul discusses the latest update of the Fine-Tuning Your Asset Allocation tables, which compare three different portfolio scenarios. In this podcast he focuses on the Ultimate Buy-and-Hold All-Value Equity Portfolio. The “Fine-Tuning Tuning Your Asset Allocation” table – created and updated by Paul and Rich Buck for 15 years – allows investors to compare possible returns and likely risks of various combinations of asset classes. The 2017 FTYAA Table compares all-value, worldwide equities, and the S&P 500, which is the most common benchmark for returns and risk.
You can see and access all of Paul’s recommended portfolios by setting up a free account at Motif Investing and then SEARCHING FOR: “MERRIMAN DIVERSIFIED.”
Paul talks with collaborator Chris Pedersen about the new Motif Investing portfolios they created based on Paul’s Ultimate Buy and Hold portfolio strategies and sound investing principles. These portfolios were created to make it simple and inexpensive for anyone with a minimum of $300 to get started investing now; and also for those more-seasoned investors to implement Paul’s principles and rebalance annually with one click. Learn more here.
Paul explains why he’s excited to offer this new, easy, low-cost way to implement his Ultimate Buy and Hold portfolio recommendations, and invest wisely for the long term. To learn more about Paul’s “one-click-and-you-re-done” portfolios at Motif Investing, Click here.
We know the 8 year market is unlikely to go for much longer. In this recording I made for PBS, I cover 10 ways to protect your hard earned gains from the coming bear market. If you don’t have your defense in place maybe one of these 10 will feel right. Of course young investors should be hoping for a bear market to take advantage of lower prices.
Joe Shaefer of Stanford Wealth Management, an old friend of more than 30 years, recently wrote an article for Seeking Alpha. “Passive Index Investing is a Delusion” is an active manager’s view of investing in indexes. In the podcast I address Joe’s views of why index investing is a losing strategy and why I think he is dead wrong. While Joe raises many interesting problems of investing in indexes, he fails to give investors credit for being able to address all those problems successfully.
With all the speculation about the future of fiduciaries, I felt it was time to make some remarks about important differences between those inside and outside the world of commissions. But, as you’ll discover, even a fee-only fiduciary can give terrible advice. Plus, having just spoken at a conference sponsored by a local DFA advisor, I thought it appropriate to take another shot at explaining some of the essential differences between the great Vanguard funds and the sometimes even greater DFA funds.
There are three huge decisions that will likely lead to reaching the “early retirement” goal. Paul discusses why these three decisions are key, and shares stories about those who have been successful in reaching their financial freedom goal. How important is it to have a spouse who has agreed to the challenges of being an aggressive saver? How important is it to find a lifestyle that allows everyone to feel they are not missing anything that is more important than reaching the goal? There are lots of investments that would have worked in the past, but which are the ones most likely to work in the future? This is a good podcast for a couple to listen to together.
If you are one of the millions of people who are considering an insurance product as part of your retirement plan, listen to this! It is hard to believe that an insurance company would ever pay a 12% commission on a million dollar investment if the product promised everything a person could want in retirement, plus a cash bonus. The product promised guaranteed growth, guaranteed protection from loss, guaranteed income for life and a huge cash bonus for signing up. Thanks to Stan the Annuity Man, Paul and a friend found out the real truth behind this product. Before you buy an insurance product as part of your retirement plan, please contact Stan for his free books. Remember, according to Ben Franklin, an education pays the highest dividends. It can also keep you from going broke.
Paul Merriman / Uncategorized / how to maximize investments, how will Trump presidency affect the market, Paul Merriman podcast, prepare for changes in stock market, Sound Investing, will bull market continue /
One of the biggest mistakes investors make is not to diversify sufficiently to virtually eliminate stock or company risk. Paul reads part of two important articles. In “Speculating versus investing: The buying of individual stocks,” Larry Swedroe discusses the reasons owning individual stocks is an approach that requires taking more risk without an additional return. He also lists the reasons investors find it compelling to take this additional return, even though the expected return could be far less than simply owning an index fund. In a related topic, Paul reads from Jeremy Siegel”s 1998 “Valuing growth stocks: Revisiting the Nifty Fifty.” This fascinating article tracks some of the “best stocks” in the world over a 25-year period. He then compares the returns of the Nifty Fifty with the S&P 500, large cap value, small cap blend and small cap value.
Paul expresses three outrages, exposing the dirty tricks some advisors use to exaggerate their performance. He also corrects a mistake on his last podcast regarding mid-cap funds, and answers several questions from listeners: Is it time to get out of small cap funds and get into TIPS? What ETFs do you recommend to put the “Two-Fund Solution” to work?” “Why did some small cap value mutual funds and ETFs do much better than others in 2016? And he ends the podcast with a little information about what he considers the most exciting investment project of his life.