WEALTHTRACK

Mary Beth Franklin, a Social Security expert, dives into the program's critical financial challenges and future outlook. She highlights the alarming depletion of trust funds by 2033 and discusses individual strategies to maximize benefits. Franklin emphasizes the importance of timing and investment decisions, offering insights on how married couples and divorced individuals can strategically claim their benefits. She also provides advice for younger workers on preparing for potential cuts, ensuring future retirees strengthen their income.

Morningstar's mutual fund expert Russ Kinnel discusses the evolution of mutual funds over 100 years, the impact of ETFs, and the active vs. passive investing debate. They also explore the rise of major fund companies like Vanguard and innovations in actively managed ETFs and crypto ETFs.

Matt Hougan, a renowned crypto expert, delves into the transformative launch of Bitcoin ETFs, marking a pivotal moment for Bitcoin's acceptance in mainstream finance. He discusses the shift from skepticism to trust among major institutions and how regulatory advancements have paved the way for heightened interest. The conversation also highlights the rising significance of cryptocurrencies in investment portfolios, advocating for a thoughtful approach to long-term diversification, particularly with Bitcoin and Ethereum as key assets.

Noted strategist Richard Bernstein shares key investment lessons from the past 20 years. He discusses navigating economic challenges, cautions against hype in artificial intelligence investments, stresses diversification in portfolios, explains the changing fixed income landscape, suggests investing in U.S. mid-caps and small caps, and expresses skepticism towards Bitcoin ETFs.

Renowned strategist Richard Bernstein discusses successful investment themes over the last two decades and focuses on deglobalization and reindustrialization. He compares active vs. passive investing, highlights market leadership, AI narratives, and de-globalization as investment themes, and emphasizes conservative investing and diversification to build wealth.

Larry Cunningham, expert on Warren Buffett, discusses potential changes at Berkshire Hathaway post-Buffett era. Topics include the close partnership of Buffett and Munger, decentralized management at Berkshire, and long-term investment recommendations.

In editing, collating, and compiling The Essays of Warren Buffett for 30 years, Larry Cunningham has developed an in-depth understanding of the Oracle of Omaha’s investment thinking. WEALTHTRACK Episode 2052 broadcast on June 21, 2024 More info:  https://wealthtrack.com/warren-buffetts-investment-evolution-whats-changed-what-hasnt-over-five-decades/ Bookshelf:  The Essays of Warren Buffett: Lessons for Corporate America: https://amzn.to/4bbp6DJ Berkshire Beyond Buffett: The Enduring Value of Values: https://amzn.to/3zaI5Bb Margin of Trust: The Berkshire Business Model: https://amzn.to/4bebl76

Since taking over T. Rowe Price’s Global Technology Fund Dom Rizzo has outperformed his competitors and market benchmarks. He explains why AI was and will be a major emphasis. WEALTHTRACK episode 2051 broadcast on June 14, 2024 More Info: https://wealthtrack.com/ai-could-be-the-biggest-productivity-enhancer-since-electricity-says-t-rowe-prices-dominic-rizzo/

WEALTHTRACK episode 2048 broadcast on May 25, 2024 More Info: https://wealthtrack.com/democracy-beats-autocracy-for-investors-perth-tolles-life-liberty-indexes-prove-it/ Bookshelf: Red Notice: A True Story of High Finance, Murder, and One Man’s Fight for Justice by Bill Browder https://amzn.to/4bQZT23

Leading Wall Street economist Nancy Lazar discusses the looming recession in the US, highlighting how 19 states are already in a recession. The podcast explores the impact of rising consumer debt levels, declining confidence, and the differing perspectives with the Federal Reserve on the economy's state. Topics include the risks in the manufacturing sector, navigating economic challenges and market risks, and investing strategies for long-term wealth growth.