Peter, an expert in portfolio construction and investment management, discusses designing portfolios, deviating from index strategies, and removing biases from decisions. Topics include portfolio construction philosophy, quantitative vs. fundamental approach, and reducing emotional biases.

When it comes to the disciplined approach of portfolio rebalancing, investors often find themselves in a conundrum, particularly with the necessity of realizing capital gains. This episode explores the tradeoff between maintaining a strategic, long-term asset allocation versus a higher tax bill.   Listen now and learn: Why many investors might soon need to realize some capital gains The importance of rebalancing and maintaining your target asset allocation Strategies to mitigate the tax impact of portfolio rebalancing Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Manisha Thakor, author of MoneyZen: The Secret to Finding Your “Enough,” joins the show to share practical steps to embrace a life of “enough.”   Listen now and learn: Strategies to resist societal pressures that equate success with perpetual accumulation. Ways to recognize when you have enough and how this realization can transform your approach to life and money. 7 steps for implementing a Joy-Based Spending program to maximize your happiness. Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. [02:51] Understanding Money Zen [05:21] How People End Up in the Cult of Never Enough [18:20] Science of Hustle and Work-Life Balance [23:30] How to Implement Joy-Based Spending

Delving into Nvidia's role in AI and tech boom, strategies to overcome missed opportunities, why chasing 'hot stocks' isn't necessary for success. Explore Nvidia's rise in market cap, navigating hindsight bias in decision-making, benefits of diversification, and risks/rewards of stock investing.

In this episode, we’re joined by Christine Benz, Director of Personal Finance at Morningstar, who shares fascinating insights from her latest co-authored paper: "The State of Retirement Income 2023."    Listen now and learn: Motivations for safe withdrawal rate research Nuances of the 4% withdrawal rule Implications of today’s environment for retirement spending strategies   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.   02:28 Motivation Behind the Research 03:54 The 4% Withdrawal Rule: An Overview and Its Shortcomings 07:15 Variables Impacting the Ideal Withdrawal Rate 12:45 The Impact and Value of Early Financial Gifts 17:16 The Advantage of Dynamic Spending Strategies 21:07 Upcoming Book: "How to Retire – 20 Lessons for a Happy, Successful, and Wealthy Retirement"  

You need money for everything, but money isn’t everything. That’s why there are a number of non- financial reasons you ought to embrace financial planning.   Listen now and learn: How blueprinting your life goes beyond a budget How financial planning can strengthen your bond with loved ones How a financial plan turns time from a fleeting resource into a strategic asset   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

The conversation continues with Derek Jess, Senior Wealth Manager and Shareholder at Plancorp, who returns to delve deeper into executive compensation planning strategies.   Listen now and learn: Key strategies for deferred compensation plans Advanced strategies for exercising stock options The important nuances of establishing a 10b5-1 plan   Be sure to also check out last week’s episode with Derek about Equity Compensation Strategies: Everything You Need to Know.   [02:00] Advanced Deferred Compensation Planning Strategies [11:35] Advanced Strategies for Exercising Stock Options [16:20] Understanding AMT Planning for Incentive Stock Options  [21:25] The Importance of Setting a 10b5-1 Plan   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

Derek Jess, Senior Wealth Manager and Shareholder at Plancorp, shares his vast knowledge of integrating equity and executive compensation into comprehensive financial planning strategies.     Listen now and learn: The essential considerations and tax implications for incorporating equity compensation into your financial plan Unique risks faced by employees with large company stock positions A systematic approach to managing company stock   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.   [2:17] Understanding Deferred Compensation [3:43] Equity Compensation and Vesting Schedules [6:01] Restricted Stock vs. Stock Options [9:21] Tax Implications of Stock Options [14:05] Employee Stock Purchase Plans [17:36] Concentrated Stock Positions and Risks [21:05] Integrating Company Stock in Financial Planning [33:06] A Systematic Approach to Managing Company Stock  

Exploring the significance of investing in stocks at all-time highs, discussing historical data and future outlook. Diving into the balancing act of optimism and caution, advocating for a patient long-term investment approach amidst market fluctuations.

Callie Cox, an acclaimed investment analyst, shares her expertise on navigating the complexities of the financial world in 2024. Tune in for an enlightening discussion that blends technical analysis with practical advice for both seasoned and aspiring investors.   Listen and learn:   What sparked the year-end rally and what to expect in 2024 Key insights from eToro’s Retail Investor Survey What to expect from Big Tech in 2024   Detailed show notes and resources can be accessed at www.thelongterminvestor.com.   [1:30] Reflecting on the Fourth Quarter 2023 Rally  [9:30] Market Leadership and Trends  [15:10] The Surge in Money Market Fund Flows  [19:20] The Case For Optimism in 2024  [22:50] Insights from eToro’s Retail Investor Survey [29:15] Potential Impact of a Bitcoin ETF