Money For the Rest of Us

Latest Episodes:

Vacation Special: A Discussion with David's Former Investment Firm Oct 07, 2020

Show notes

This episode is an interview that Fund Evaluation Group LLC held with David as part of their FEG Insight Bridge podcast series.

Topics covered include:

What David did and learned at FEG
What goes into making the Money For the Rest of Us podcast
Central banking and the Federal Reserve
Investing in gold and cryptocurrencies
Current investment conditions
Favorite investing books

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Paper, Rocks or Digits: What Makes the Best Money? Sep 30, 2020

Show notes

What are the elements of a successful monetary system.

Topics covered include:

The stone currency of Yap
The fiat currency of ancient China
Why money requires trust, accounting and tokens
Why too much money can lead to inflation and too little to deflation
Why the best money is useless other than as money

Thanks to LinkedIn and Candid for sponsoring the episode.

For show notes and more information on this episode click here.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Are We Being Forced to Buy Stocks Sep 23, 2020

Show notes

How ultra-low interest rates support higher stock market valuations but also make the investment environment more challenging. Is there a stock market bubble?

Topics covered include:

How expensive are stocks on an absolute basis and relative to bonds
What are examples of individual investor enthusiasm for stocks
Why stock valuations and prices increase when interest rates fall
Why lower interest rates make it more difficult for central banks to support stocks during a downturn
Why TIPs might be a better choice for a long-term bond allocation
Why deglobalization is a reason to increase the geographic diversification of stock portfolios
How investors can make invest decisions without having an informational edge

Thanks to Masterworks and Policygenius for sponsoring the episode.

For show notes and more information on this episode click here.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How to Not Have a Lost Decade Sep 16, 2020

Show notes

What are four principles individuals can follow to achieve their financial and career goals this decade despite the rough start in 2020.

Why we have to be willing to share our journey with others so that they are vested in our story
Why it's important to focus on areas where we have momentum
How to prudently use leverage in order to build an asset
The importance of urgency, hope, and putting on an event so that we can achieve our business goals
How asset allocation and portfolio holdings differ depending on the time horizon for the pool of money
Why we need more control of investing outcomes when the time horizon is short

Thanks to NetSuite and Trends for sponsoring the episode.

For show notes and more information on this episode click here.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

No One Is Entirely A Buy and Hold Investor Sep 09, 2020

Show notes

What are the numerous decisions individuals have to make in managing their investments portfolios.

Topics covered include:

Why individual investors in order to build and preserve wealth should invest like family offices and university endowments
Why even buy and hold investors make portfolio changes
What are examples of the numerous decisions individuals have to make in overseeing their investment portfolios
How badly has value investing underperformed growth investing
How are mindset should change when it comes to investing

Thanks to Policygenius and Chili for sponsoring the episode.

For show notes and more information on this episode click here.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What the Federal Reserve's New Policies Mean For Your Finances Sep 02, 2020

Show notes

The Federal Reserve just updated its policy tools. What impact could that have on inflation, interest rates and your investments.

Topics covered include:

Why is the Federal Reserve more transparent in its communication than it used to be.
What are the Federal Reserve's Congressionally mandated goals.
What are four economic developments that has caused lower inflation and motivated the Fed to adjust its strategy for achieving its goals.
Why inflation could be higher than the Fed's 2% target
What might the Federal Reserve do now that it has adjusted its strategy
What will it take for inflation to increase?
What can individuals do financially in a low return, low yield environment

Thanks to LinkedIn and Candid for sponsoring the episode

For show notes and more information on this episode click here.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Did ETFs Pass the 2020 Market Collapse Stress Test? Aug 26, 2020

Show notes

How did ETFs function during the 2020 market sell-off and did the indexing bubble burst? What ETF structures failed the stress test and which passed.

Why were some investors, like Michael Burry, concerned about an indexing bubble
What are ETF risks such as flash crashes
How did equity ETFs function during the spring 2020 sell-off and how they can act as shock absorbers
What were some of the challenges that bond ETFs faced in March 2020
How the rise in bond ETFs is leading to changes in how bonds are traded
Why leveraged ETFs and oil-linked ETFs failed the stress test
What caused the dysfunction in the U.S. Treasury market in March 2020
What are the advantages of ETFs and why they are still a good product for long-term investors

Thanks to The Great Courses Plus and Chili for sponsoring the episode.

For show notes and more information on this episode click here.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why the Stock Market and Economy Are Rebounding So Quickly Aug 19, 2020

Show notes

How the current global recession differs from the Great Financial Crisis and why the recession is probably over.

Topics covered include:

Why the current recession has no debt and banking crisis
Why lower-income workers are disproportionally harmed by the current recession
How the federal government and central bank responses differed between the current recession and the 2008-09 recession.
Do increased unemployment benefits disincentivize workers
Why the recession is probably over, but it could take months or years to recover the lost output
What factors will determine the impact a Covid-19 vaccine will have on the economy

Thanks to Chili and Trends for sponsoring the episode.

For show notes and more information on this episode click here.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Investments to Fight Financial Repression Aug 12, 2020

Show notes

What are some investments that can generate a cash yield greater than inflation in an era when central bank policies keep government bond yields lower than the inflation rate.

Topics covered include:

How low are interest rates around the world
What have inflation rates been and what causes inflation and deflation
What is financial repression
Why are central banks keeping short-term interest rates so low
What determines interest rates
How I-bonds work
Why active bond mutual funds can be helpful
The pros and cons of preferred stock
How to harvest the volatility risk premium
How dividend-paying stocks can help fight financial repression

Thanks to NetSuite for sponsoring the episode.

For show notes and more information on this episode click here.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Coins and Cash: Shortages, Hoardings, and Threats Aug 05, 2020

Show notes

What is the cause of the current U.S. coin shortage and when have there been other shortages. Why is there a push to get rid of both the penny and the hundred dollar bill.

Topics covered include:

How many coins does the U.S. Mint produce each year and why hasn't it been enough to avert a coin shortage in 2020.
How the U.S. coin shortage in the early 1960s differs from today.
How much profit does the U.S. Mint make producing coins even though it loses money minting both pennies and nickels.
How often and under what circumstances do U.S. consumers pay with cash.
Why the U.S. penny should be discontinued.
Why companies and individuals are hoarding cash, mostly in one hundred dollar bills.
Why the existence of one hundred dollar bills would impede the effectiveness of negative interest rates in the U.S.
Why has the U.S. mint sold 300% more ounces of gold coins in 2020 compared to last year.

Thanks to Chili and Policygenius for sponsoring the episode.

For show notes and more information on this episode click here.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.