What It Means to be an Advisor

My latest post is up at Alpha Baskets and includes the following; Invariably, if you’re an advisor you field all sorts of financial or market questions socially or at family functions. I had three different Bitcoin conversations at Christmas dinner at my in-laws. I’ve had conversations with half of my nieces/nephews over the years about how to get started in their 401ks. I’ve had similar 401k conversations with a couple of guys at the fire department. Friends on Facebook reach out all the time in this capacity. Blogging is itself a way to help people. There is no way for a blogger to take on every reader as a client, not even a fraction of them, assuming readers had that interest, but someone who reads your content is trying to learn something and if they are a repeat reader then chances are they have learned something from your content in the past. Please click through to read the entire post. Then please click on over to my page at TheMaven to read about a potentially disastrous alternative...

New Cannabis ETF

Today’s post at TheMaven looks at the new cannabis focused ETF. I think this will evolve into a huge investment theme. The fund is interesting but there are some complexities. Please click through and check it out. I also hope you will register as a user at the site and follow my page, it’s...

Tax Bill Passed and Signed!

The weekly market update is posted and includes the following; ETF fund flows for 2017 topped $500 billion as the space continues the trend of gaining on traditional mutual funds. Despite ETFs’ structural advantages, Eric Balchunas from Bloomberg tweeted his surprise that there is still more than $10 trillion in old school funds. Some portion of that $10 trillion, unfortunately, is 401k participants not engaged with their 401ks. It is not uncommon for people to retire or otherwise leave an employer and leave their 401k behind exactly as is, under the misconception that it is being tended to by the employer. And while this scenario is better than cashing out, paying taxes and possibly a penalty (depending on the the employee’s age) it is far from ideal for the employees. Invariably this is an expensive scenario in terms of fees paid for 401k administration and of course, the account is not being managed. Please click through to read the entire update. Please also check out my latest at TheMaven on implementing a defensive strategy. Prescott Courthouse in downtown Prescott,...

Goals For 2018!

My latest post for Alpha Baskets is posted and includes the following; Everyone knows about fear and greed and the tendencies to experience both at the wrong time (buy after a large run up, sell after a large decline). As things like bitcoin, blockchain and maybe even some of the mega cap tech stocks have done well, regret can creep in and pull investors away from what they know is best for them. Please click through to read the entire post. I have a lot of new content up on my page at TheMaven that I hope you’ll check out including the following; Bitcrazy Not Retirement, Financial Independence Dissecting The Permanent Portfolio I had the opportunity on Monday to participate in the ringing of the closing bell at the NYSE on Monday. Sometime between my last visit and now that changed their policy to allow people to take pictures, they encouraged it. Here are  couple....