Thoughtful Money with Adam Taggart

SCHEDULE YOUR FREE YEAR END PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com At the end of every year, there’s a list of prudent steps to consider that can make a big positive difference to your financial prospects — but only if you take them before January 1st arrives. If 2024 was a good year to your portfolio, don’t fumble your success right at the goal line by failing to take the right measures. Or if your wealth goals didn’t go according to plan this year, then do everything you can to increase the odds for a better performance in 2025. From tax loss harvesting to portfolio rebalancing to maximizing your retirement contributions, there’s a substantial number of smart tactics you should look into taking now — while you still have time. A top challenge regular investors have with year-end planning is that it sneaks up on them. The winter holidays arrive before you know it and then…a lot of these steps just don’t get taken. Which is a shame, because a little prudent attention on these today can result in outsized benefits in the future. Another challenge is that many investors just simply don’t know the right year-end planning steps to take, or how to take them. In today's video, we sit down with Richard Rosso and Danny Ratliff, the financial planning experts at Real Investment Advice (Lance Roberts' firm) for a deep dive into these end-of-year best practices. --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

While stocks have been choppy the 20 Day Moving Average has been acting as solid support. If it indeed holds and stocks rebound, the rising uptrend will remain intact and S&P 6200 becomes a real possibility by the end of December. That would indeed make for a jolly "Santa Claus rally". Portfolio manager Lance Roberts and I discuss the odds of this happening, as well as year end portfolio planning strategies, Bitcoin, the perverse incentive driving today's financial system, and Lance's firm's latest trades. For everything that mattered to markets this week, watch this new Weekly Market Recap. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

The markets are locked in a battle of dangerous extremes vs high complacency. Yes, there are many reasons to be concerned about today's record high valuations. But those concerns haven't mattered yet. And there's no guarantee they will on any relevant time frame to today's investors. And so the party in stocks continues on...for now. In today's interview, macro analyst Grant Williams discusses how we've reached this point: we debauched the value of money. And in doing so, we re-focused the goal of every company towards boosting the stock price, and away from creating sustainable value. How long can this continue before the markets reprice, downwards, to valuations that can be sustained by fundamentals? This is THE existential question facing investors today, Grant posits. Your financial well-bring will be determined by the choice you make here. For one of the more important discussions you'll hear on investing this year, watch this interview with the great Grant Williams. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support

Well, the Fed has now cut its benchmark interest rate 75 basis points, and yet mortgage rates have RISEN -- back up near 7% for the average 30-year fixed mortgage. This has NOT been good news for the housing market, which has been frozen transaction-wise at record levels of unaffordability for the majority of aspiring purchasers. It's been often asked on this program: How long can the housing market remain broken like this? Well, we may be finding out the answer to that. In a growing number of metros, inventory is rising (substantially in many cases), prices are coming down, and long-standing real estate barons are starting to break their cardinal rule to "never sell". Is this growing trickle of motivated sellers we're now seeing as more and more regional housing markets start to thaw likely to soon become a flood? For answers, we're fortunate to hear today from mortgage expert and housing analyst Melody Wright. WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support