Alex Palumbo, a seasoned CFP and advisor with RWM, dives into the world of financial strategies. He discusses how bonds can effectively hedge against stock market declines while remaining viable in rising markets. The conversation highlights the psychological and financial challenges faced by investors with concentrated stocks, like Amazon. Additionally, they tackle the importance of choosing sound performance metrics for evaluating financial advisors, emphasizing the significance of personalized benchmarks in achieving true client satisfaction.

In this episode, Ben Carlson and Duncan Hill are joined by Alex Palumbo, Ritholtz Wealth Management Advisor and CFP, to discuss market concentration, tracking investments, managing personal finances, and the decision between cash and financing for big purchases.