How special purpose acquisition companies work, what their performance has been and what are the ways to invest. Topics covered include:How much money has been raised in SPAC initial public offerings and who are some of the better known sponsorsWhat are the benefits of a SPAC acquisition compared to a traditional initial public offeringHow SPACs work from the initial IPO to the acquisition of a private companyHow have SPACs performed so poorlyHow a new SPAC ETF is structuredAn intriguing way to invest in SPACs that potentially could outperform Thanks to Tempo and NetSuite for sponsoring the episode. Use code David to save $100 on Tempo. For show notes and more information on this episode click here.
U.S. home prices are on fire and sales are skyrocketing. Here are 8 rules of thumb for buying a house in a hot housing market when there are multiple bidders over the asking price. Topics covered include:What are the latest metrics on U.S. home sales, prices, and valuationsWhy are homes sales increasing and prices soaring and how likely are they to fallWhy David is buying a different house (again) in a hot housing marketWhat are rules of thumb that can help us find the right house without paying too much Thanks to The Great Courses Plus and Policygenius for sponsoring the episode. For show notes and more information on this episode click here.
This episode is an interview that Fund Evaluation Group LLC held with David as part of their FEG Insight Bridge podcast series. Topics covered include:What David did and learned at FEGWhat goes into making the Money For the Rest of Us podcastCentral banking and the Federal ReserveInvesting in gold and cryptocurrenciesCurrent investment conditionsFavorite investing books
What are the elements of a successful monetary system. Topics covered include:The stone currency of YapThe fiat currency of ancient ChinaWhy money requires trust, accounting and tokensWhy too much money can lead to inflation and too little to deflationWhy the best money is useless other than as money Thanks to LinkedIn and Candid for sponsoring the episode. For show notes and more information on this episode click here.
How ultra-low interest rates support higher stock market valuations but also make the investment environment more challenging. Is there a stock market bubble? Topics covered include:How expensive are stocks on an absolute basis and relative to bondsWhat are examples of individual investor enthusiasm for stocksWhy stock valuations and prices increase when interest rates fallWhy lower interest rates make it more difficult for central banks to support stocks during a downturnWhy TIPs might be a better choice for a long-term bond allocationWhy deglobalization is a reason to increase the geographic diversification of stock portfoliosHow investors can make invest decisions without having an informational edge Thanks to Masterworks and Policygenius for sponsoring the episode. For show notes and more information on this episode click here.
What are four principles individuals can follow to achieve their financial and career goals this decade despite the rough start in 2020.Why we have to be willing to share our journey with others so that they are vested in our storyWhy it's important to focus on areas where we have momentumHow to prudently use leverage in order to build an assetThe importance of urgency, hope, and putting on an event so that we can achieve our business goalsHow asset allocation and portfolio holdings differ depending on the time horizon for the pool of moneyWhy we need more control of investing outcomes when the time horizon is short Thanks to NetSuite and Trends for sponsoring the episode. For show notes and more information on this episode click here.
What are the numerous decisions individuals have to make in managing their investments portfolios. Topics covered include:Why individual investors in order to build and preserve wealth should invest like family offices and university endowmentsWhy even buy and hold investors make portfolio changesWhat are examples of the numerous decisions individuals have to make in overseeing their investment portfoliosHow badly has value investing underperformed growth investingHow are mindset should change when it comes to investing Thanks to Policygenius and Chili for sponsoring the episode. For show notes and more information on this episode click here.
The Federal Reserve just updated its policy tools. What impact could that have on inflation, interest rates and your investments. Topics covered include:Why is the Federal Reserve more transparent in its communication than it used to be.What are the Federal Reserve's Congressionally mandated goals.What are four economic developments that has caused lower inflation and motivated the Fed to adjust its strategy for achieving its goals.Why inflation could be higher than the Fed's 2% targetWhat might the Federal Reserve do now that it has adjusted its strategyWhat will it take for inflation to increase?What can individuals do financially in a low return, low yield environment Thanks to LinkedIn and Candid for sponsoring the episode For show notes and more information on this episode click here.
How did ETFs function during the 2020 market sell-off and did the indexing bubble burst? What ETF structures failed the stress test and which passed.Why were some investors, like Michael Burry, concerned about an indexing bubbleWhat are ETF risks such as flash crashesHow did equity ETFs function during the spring 2020 sell-off and how they can act as shock absorbersWhat were some of the challenges that bond ETFs faced in March 2020How the rise in bond ETFs is leading to changes in how bonds are tradedWhy leveraged ETFs and oil-linked ETFs failed the stress testWhat caused the dysfunction in the U.S. Treasury market in March 2020What are the advantages of ETFs and why they are still a good product for long-term investors Thanks to The Great Courses Plus and Chili for sponsoring the episode. For show notes and more information on this episode click here.
How the current global recession differs from the Great Financial Crisis and why the recession is probably over. Topics covered include:Why the current recession has no debt and banking crisisWhy lower-income workers are disproportionally harmed by the current recessionHow the federal government and central bank responses differed between the current recession and the 2008-09 recession.Do increased unemployment benefits disincentivize workersWhy the recession is probably over, but it could take months or years to recover the lost outputWhat factors will determine the impact a Covid-19 vaccine will have on the economy Thanks to Chili and Trends for sponsoring the episode. For show notes and more information on this episode click here.