Democrats on the House Ways and Means Committee released their tax proposals on September 13, with the legislation covering a wide range of tax issues.   Brian King, Chief Planning Officer at Plancorp, joins Peter on this episode to sort out the wide range of tax issues in the legislation and potentially planning opportunities to consider.   Listen now and learn: The most important aspects of the tax proposal Planning opportunities to consider both this year and in the future Year end tax planning tips that are relevant to all people regardless of the legislation   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

In 2020, the global stock market had 155.7 million trades per day worth $554.6 billion dollars.   The market prices you see at any given moment reflect the buying and selling by millions of market participants incorporating all known information about a company. Collectively, these market participants are highly educated and highly motivated. As a result, there is a lot of information that is quickly incorporated into prices.   Listen now and learn: Why market prices fluctuate How financial markets are like piles of sand The biggest mistake people make when thinking about making a change to their portfolio   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

A growing number of investors are interested in Environmental, Social and Governance investing, known as ESG. That term is becoming more common, but ESG still means different things to different people.   While some investors are drawn to the socially responsible side of ESG investing, others approach ESG factors as a way to evaluate risks and opportunities and create more sustainable portfolios.   Because there are a lot of approaches that you can choose from, each with very different objectives, Peter shares his view of this rapidly growing investment space.   Listen now and learn: 6 methods for incorporating ESG strategies in your portfolio How to define your ESG motives to align with your strategy Why ESG funds don’t belong in 401(k) plans   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Peter answers listener questions is this Mailbag Episode   Listen now and learn: Why housing is consumption and not an asset How to think about the ideal investment mix for retirement How to prioritize paying down student debt vs investing   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

One of the trickier decisions of saving for retirement is determining which accounts to prioritize with your savings.   Is it most important to max out a 401(k) before an IRA? At what point should you use a taxable account for retirement savings? How does debt play into these decisions?   This is one of those truly personal finance moments because everyone has different circumstances.   Listen now and learn: The ideal order for prioritizing your retirement savings How to utilize the most underrated retirement account A framework for including savings goals beyond retirement   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. 

As the stock market continues to reach new highs, it’s tempting to think about the possibility of buying and selling at just the right moment.   Here’s a dirty little secret that most of the investment industry doesn’t want you to know: Time is more important than timing in investment success.   Listen now and learn: The impact of investing at the absolute worst times The difference in returns earned from different timing strategies The secret to timing the market   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. 

If there is a universal investment ideal, it’s that every investor wants to buy low and sell high. Rebalancing does just that.   In today’s episode, I’m going to explain rebalancing at a high level with some simple examples, point out some practical to challenges rebalancing, and then talk about the best way to rebalance your portfolio.   Listen now and learn: The basics of rebalancing Practical challenges, costs, and considerations The pro’s and con’s of different different rebalancing strategies   As an added bonus, Peter shares how to get free access to exclusive research on the topic.   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. 

Inflation has been dominating the headlines for a few months now. With the risk of higher inflation on the way, one might wonder how to invest in such a scenario. After all, growing your hard-earned savings at a rate greater than inflation is the primary reason to be an investor.   Listen now and learn: What is inflation and how it impacts you The best investments for inflationary periods When a bad outcome is and isn’t the result of a poor decision   Plus, Peter answers a listener's question about bond investing in a low-yield environment.   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. 

We often feel regret when we can clearly envision the alternative paths we didn’t take and decide those paths would have been better than the one we ultimately chose.   It’s particularly easy to see the alternatives after the fact when you are an investor. Winning investments always find their way to the center of attention of financial media, social media, and social interactions.   Investing is also highly quantifiable, which can lead us to believe there’s always an objectively optimal decision out there. Knowing that there’s an optimal choice as well as the opportunity for things to go wrong leads many investors to put a lot of pressure on themselves.   In this episode, Peter explains where regret comes from, why we experience it with our portfolio, and what to do about it.   Listen now and learn: • Strategies to minimize regret in advance • Common situations where feeling of regret are most likely to impact our investment decisions • When a bad outcome is and isn’t the result of a poor decision   Plus, Peter answers a listener question about whether the stock market is in a bubble.   Visit TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

When major financial decisions come only once or twice in a lifetime, it’s important to get to them right.   This is the focal point of the third and final installment of a three part series covering Making Money Simple: The Complete Guide To Getting Your Financial House in Order and Keeping It That Way Forever.   Listen in and learn how Peter addresses these big decisions.     Visit www.TheLongTermInvestor.com for show notes, free resources, and submit questions.