On episode 153 of Ask The Compound, Ben Carlson and Duncan Hill are joined by RWM CEO and CNBC Halftime star Josh Brown to discuss if AI will solve the financial advisor shortage, buying the election and selling the inauguration, putting money to work at all-time highs, and much more! Submit your Ask The Compound questions to askthecompoundshow@gmail.com!Thanks to Public for sponsoring this episode! Visit: https://public.com/ATC and lock in a 6% or higher yield with a Bond Account.Subscribe to The Compound Newsletter for all the latest Compound content, live event announcements, find out who the next TCAF guest is, get updates on the latest merch drops, and more! https://www.thecompoundnews.com/subscribe🎥 Watch this episode on YouTube: https://youtube.com/live/tAD9Y4FBksY👕 Check out The Compound shop: https://www.idontshop.comThe Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.Investing involves the risk of loss. This podcast is for informational purposes only and should not be regarded as personalized investment advice or relied upon for investment decisions. Duncan Hill and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:https://ritholtzwealth.com/podcast-youtube-disclosures/Public Disclosure: A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule: https://public.com/disclosures/fee-schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See https://public.com/disclosures/bond-account to learn more. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this engaging discussion, Bill Sweet, a tax specialist and CFO at RWM, shares his insights on retirement planning and investment strategies. He explains the nuances of managing brokerage accounts and optimizing taxable versus non-taxable assets. The conversation delves into the complexities of selling restricted stock units versus leveraging HELOCs for home improvements. Bill also highlights the importance of personalized financial strategies and risk management in stock investing. Listeners will appreciate the blend of practical advice and lighthearted anecdotes.

The discussion kicks off with the critical need for young investors to diversify their portfolios. Generational frustrations are voiced as millennials navigate financial challenges not faced by boomers. The viability of investing in Bitcoin is tackled, questioning whether it's too late to jump in. Listeners are encouraged to prioritize financial planning and flexibility, especially amidst Bitcoin's resilient yet volatile nature. Strategies for navigating today's economic landscape are also explored, including comparisons of mortgage and bond investments.

Barry Ritholtz, CIO of Ritholtz Wealth Management and host of Masters In Business, brings his wealth of knowledge to discuss the intersection of politics and investing. He shares insights on the tricky timing of selling real estate, emphasizing the importance of personal finance. Ritholtz also contrasts dollar cost averaging with lump-sum investments at market peaks, and reflects on past investing mistakes, particularly with a zero coupon bond ETF. Plus, he lightheartedly dives into converting a classic Porsche to electric power, blending nostalgia with innovation.

Cullen Roche, Founder and CIO of Discipline Funds, brings a wealth of finance knowledge to the discussion. He unpacks the true state of U.S. government debt, dispelling myths surrounding bankruptcy and inflation. The conversation navigates the impact of interest rates on deficits and corporate performance, while also exploring the relationship between government spending and financial markets. Light-hearted moments about pets add a fun twist, making complex economic issues feel relatable.

Bill Artzerounian, CFP, CPA, and Director of Tax Services at Ritholtz Wealth Management, shares his insights on how elections can shape tax policy and economic outlooks. He discusses the potential tax implications of different candidates and the importance of adapting strategies for changing environments. The conversation dives into optimizing Roth contributions as retirement approaches and the broader economic impacts of presidential elections, including market reactions and the significance of strategic financial planning during uncertain times.

Join financial planner Jill Schlesinger, known for her expertise on financial strategies, as she chats about retiring by 36. Explore the pros and cons of traditional vs. Roth IRA contributions and the unique role of gold as an investment. Discover essential tips for planning a fulfilling post-retirement life and the importance of engagement in passion projects. Jill also shares insights on navigating market volatility and achieving financial independence at a young age, making this an enlightening discussion for aspiring early retirees.

In this engaging conversation, Morgan Housel, a partner at The Collaborative Fund and renowned author of 'The Psychology of Money', shares insights on effective content creation and the importance of storytelling over mere data. He discusses the evolution of writing and emphasizes authenticity and preparation in public speaking. Housel balances optimism in investment perspectives with the realities of economic downturns, illustrating the psychological challenges investors face and the need for persistence in both writing and investing.

Callie Cox, Chief Market Strategist at Ritholtz Wealth Management and author of OptimistiCallie, dives into the intricate dynamics of the stock market. She discusses overvaluation concerns in the S&P 500, particularly influenced by tech sectors. The conversation navigates the challenges of housing affordability amid rising mortgage rates and stresses the importance of diversification into more reasonable investments. Callie also shares personal insights on overcoming financial mistakes and the emotional hurdles of investing.

Nick Maggiulli, COO of RWM and author of "Just Keep Buying," brings his financial expertise to a lively discussion. They explore the differences between bull and bear markets, dissecting what each means for investors. Maggiulli shares insights on managing small-cap investments and evaluating pensions. The conversation also delves into the psychology behind selling big winners like NVIDIA, highlighting the emotional factors that can sway decisions. Be prepared for eye-opening strategies on when to take profits and navigate market cycles!