Financial planning goes beyond just saving money. It’s about considering all aspects like taxes to help you keep more money in the end. #moneymanagement #financialplanning

Maximize your savings and navigate the complexities of financial planning with expert guidance from Michael Lebowitz. Dive into strategies and critical insights to secure your financial future in our latest episode.

– Exploring the various methods of accumulating wealth for the distribution phase of finance.
– Understanding the importance of saving and planning for long-term financial security.
– Recognizing the often-overlooked aspects of financial planning on the journey to wealth.
– Preparing for the back end elements that are crucial to successful financial management.
– An in-depth discussion about tax

Markets respond to Israel attack on Iran; Procter & Gamble disappoints; markets are in a churning phase. Fed rate decisions & market behaviors. How much do you really need to survive in retirement (What’s your number?) Managing expectations, spending habits, and dependency on Social Securituy; the scinece & art of financial planning; retirement realities. The intimate process of deliverying financial plans; Candid Coffee preview. The three phases of retirement: Go-go, Slow-go, & No-go. Real Investment "’Shrooms." Tax Foundation survey: Do you pay your fair share of federal taxes?

3:12 – Markets’ Respond to Middle East Tensions
14:31 – How Much Do You Really Need to Retire?
30:24 – Delivering Financial Plans & Real Investment Shrooms
44:31 – Do You Pay Your Fair Share?

Hosted by RIA

Recent concerns about rising inflation levels are driving market trends. The Federal Reserve appears less worried about this. Stay tuned for a deep dive into the latest inflation data and commentary. #economy #inflation #federalreserve

Join Lance Roberts as he delves into the pressing economic issue of rising inflation and its impact on the markets. Tune in for an insightful analysis of the latest trends and data that are shaping the financial landscape.

– Understanding the recent concerns about inflation and its trajectory
– Exploring four consecutive months of unexpectedly high inflation rates
– Evaluating strong retail sales figures amidst growing inflation concerns
– Analyzing the bond market’s narrative influenced by inflation
– Insight into the Federal Reserve’s perspective

Husband Appreciation Day, Mother’s Day, cooling Middle East tensions; the is the Fed allowing the system to percolate? Inflation remains sticky. Markets in correction mode; what happens when the 50-DMA breaks? What to do when the market bounces. Is Fd policy tight enough? The market and the Fed are, for once, on the same page. Foreign buyers’ participation in auctions is good; markets are too driven by headlines and algorithms. Gen-Z "discoveries" and remakes of ’80’s movies; commentary on the good music of the late 1900’s. Is higher inflation sustainable? The give and take in inflation metrics; CPI is mostly about shelter prices; the problem with CPI data. Caitlin Clark/WNBA pay vs NBA pay: The economics of sports. Where salaries come from, and understanding what’s behind the headlines.

Are you concerned about your financial future amidst fluctuating markets? Lance Roberts delves into the impending impacts on your investments and the economy’s trajectory.

– Evaluating the longevity of market dynamics and their effects on personal finance.
– Unveiling Wall Street’s narrative on reflation in the economy.
– Examining the current status of economic reflation after significant growth.
– Analyzing the sustainability of the recent economic expansion.
– Identifying signals that the momentum of reflation is waning.

➢ Listen daily on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-real-investment-show-podcast/id1271435757

➢ Watch Live Mon-Fri, 6a-7a Central on our Youtube Channel:
www.youtube.com/c/TheRealInvestmentShow

➢ Upcoming personal finance free

Market Recap, Jerome Powell on rate cuts and stickier inflation; commodities on the rise = inflation. The CRB Index correlation with W. Texas Crude; no rate cuts until Fall? Markets break the 50-DMA; might be time to trim and rebalance for risk. Jury Duty and the Reflation Trade; Easter + Spring Break impact on March retail sales were underwhelming, following similar disappointment with February & Valentine’s Day sales. How long can "buy-now, pay-later" last? How to screw up your retirement; the only way to wealth is by saving money; investing is for protecting wealth against inflation. The HODL Plan (hold on for dear life); avoid speculation. The demographic line of demarcation in saving for retirement; paying off credit cards, saving 30% of income; fully-fund 401-k.

3:08 – No Rate

In today’s fast-paced financial world, moving cautiously in the markets has never been more crucial. Join Lance Roberts as he delves into the current state of the market and the significance of liquidity.

– Understanding the rapid movements in today’s market

– The importance of cautious investing in an unpredictable environment

– Evaluating the current liquidity conditions of the market

– Insights on how liquidity can impact market stability

– Introduction to the Federal Reserve’s liquidity index and its implications

➢ Listen daily on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-real-investment-show-podcast/id1271435757

➢ Watch Live Mon-Fri, 6a-7a Central on our Youtube Channel:
www.youtube.com/c/TheRealInvestmentShow

➢ Upcoming personal finance free online

Discover how tax season influences the stock market in our latest deep dive on the Real Investment Show with Lance Roberts. Unpack financial trends with us as we explore the April market bump phenomenon.

– Exploring the annual impact of tax season on the stock market

– Historical analysis of stock market trends during tax season

– Understanding the typical rise in the market towards the latter half of April

– Key factors that support the market during tax season

– The significance of average rates of return in April for investors

➢ Listen daily on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-real-investment-show-podcast/id1271435757

➢ Watch Live Mon-Fri, 6a-7a Central on our Youtube Channel:
www.youtube.com/c/TheRealInvestmentShow

➢ Upcoming personal finance

Tax Day woes and audit fears; earnings season commences; What are companies saying? No corporate buybacks, removing major buyers of assets; pay attention to companies’ guidance. Markets last week failed at 20-DMA, and tested 50-DMA as momentum slowed. Is not the time to sell? Use any bounce to rebalance risk, but avoid any knee-jerk reactions. Could this be a "buy-the-dip moment?" Lance’s favorite bowl is like the market: There’s a hairline crack. Inflation has been stickier, and higher-for-longer interest rates have been too high for too long. Preview: Tuesday’s article on the Reflation Trade; how can every other country in the world have deflation while the U.S. continues to have inflation? Productive debt sv non-productive debt. Get ready for Tax Season impact on the market; more

CFP testing results & commentary on professional credentialing; the importance of the Health/Wealth connection; the importance of continuing education (CE); a brief history of JP Morgan and "too big to fail." Inflation is permatory, not transitory. Profit margins are not great because costs are up. Jerome Powell is trying to put out a fire with a water pistol; how many ate cuts now? There is still too much money in the system to really tame inflation. Real Wages have peaked: Is this Jerome Powell’s "Volker Moment?" What clients "think" about portfolios is the toughest thing for advisors to manage. If Trump is elected, he will have to deal with the next recession. April is stress-awareness month; why we don’t sleep. Rosso’s Brooklyn paper route, Candid Coffee preview, & dealing with

Having risen by about 40% since last October, Gold is on a moonshot. Many investment professionals consider gold prices to be a macro barometer, measuring the level of anxiety in the economy, inflation, currency, and geopolitics. So what is and isn’t driving the price of gold higher?

Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA
——-
Articles mentioned in this report:
"Is Gold Warning Us Or Running With The Markets?"
https://realinvestmentadvice.com/is-gold-warning-us-or-running-with-the-markets/
"Margin Debt Surges As Bulls Leverage Bets"
https://realinvestmentadvice.com/margin-debt-surges-as-bulls-leverage-bets/
"Inflation Scare Or Much Ado About Nothing?"
https://realinvestmentadvice.com/newsletter/
——-
The

It’s CPI Day (with m/m inflation clocking in with a .4% increase, and a y/y gain to 3.8%, hotter than expected). Sheila Jackson-Lee’s science experiment; the NFIB Survey does not bode well for small businesses:Sentiment falls to a new low based on poor sales. There remains a dichotomy between headline economic news and what’s happening behind the scenes. Markets break below the 20-DMA, but regain support. Why what really matters is the data the Fed looks at. Portfolio Spring Cleaning; Five or six ways to save Social Security (but first, a history of SS); the mathematical realities. Why Pensions face the same problems; how to fix it; lock it off. Any viable solution is un-electable. The IPO saga of Truth Social; IPO behaviors. Never buy an IPO out of the gate. DJT still has much to prove.

Margin debt levels have surged as bullish investors leverage their bets in the equity market. The increase in leverage is not surprising, as it represents increased risk-taking by investors in the stock market. Unsurprisingly, as consumer confidence improves, so does the speculative demand for equities. As stock markets improve, the “fear of missing out” becomes more prevalent. Such boosts demand for equities, and as prices rise, investors take on more risk by adding leverage.

Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor, Jonathan Penn, CFP
Produced by Brent Clanton, Executive Producer
——-
Articles mentioned in this report:
"Margin Debt Surges As Bulls Leverage Bets"

Eclipse-mania is out of control. Fed speakers confirm they’ll cut rates, but in no rush to do so. Jobs numbers tantalize markets; the impact of immigration on employment. Boomers & Gen-Z plans to splurge on groceries in 2024. Markets takeout the 20-DMA; will the break be confirmed this week? Putting Inflation into proper perspective; the three measures of inflation. The economic basics of Supply & Demand (and their impact on inflation). Your personal inflation is not the same as mine. What markets pay attention to (CPI). How to fix the power grid: Productive vs un-productive debt. Forgiving student loan debt doesn’t make the debt go away; taxpayers will shoulder the burden of the unpaid debt.

3:14 – Solar Eclipse Day; Markets Test 20DMA
15:40 – The Three Measures of Inflation
30:17 –

It’s the Financial Fitness Friday episode of The Real Investment Show, hosted by RIA Advisors Senior Financial Advisors, Danny Ratliff, CFP, and Jonathan McCarty, CFA, CFP
Produced by Brent Clanton, Executive Producer
——-
Articles mentioned in this report:
"Japans Lost Decades: Are We On The Same Path"
https://realinvestmentadvice.com/japans-lost-decades-are-we-on-the-same-path/
"Market Corrections Matter More Than You Think"
https://realinvestmentadvice.com/market-corrections-matter-more-than-you-think/
"Q1 Earnings Season Approaches"
https://realinvestmentadvice.com/newsletter/
——-
The latest installment of our new feature, Before the Bell, "The Bernie Madoff Trendline Remains in Effect" is here:
&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1
——-
Our previous show is

In this week’s Fedapolooza, Fed spokespersons seem to be growthin less hawkish about rates. Inflation is simply a function of supply & demand. There is a high correlation between GDP/CPI and interest rates. When inflation comes down, so will rates. Watching tomorrow’s employement report: ADP is a poor predictor of BLS data. The Bernie Madoff trendline remains intact in markets; bullish sentiment is very high; bear sightings on Wall Street are rare. Technical trends of inflation are falling as the economy slows; comparisons of Japanese and U.S. economies; discussion on the economic impact on younger generations. Central Bank dominance: Control of markets destroys capitalism. Capitalism is eroding. Discussion of Capitalism vs Socialism and excessive government intervention: What the public

The JOLTS survey rate continues to slow, coincident with a slowing economy; interestingly, retail hiring has dropped sharply, despite increased retail demand (another example of divergent indicators). The data might not be as strong as we think. The difference between Fed promises and predictions can be vast. Markets remain in a "perfect" trend channel; what happens when the 20-DMA is broken? Commentary on the coming solar eclipse, and markets’ historic behavior following. What matters is what happens in the 12-months after such an event. Correction is coming. Answering emails: Stocks vs Bonds in current environment; managing risk is key. What happens to those in all-cash positions when rates fall? Gold & Silver may be doing very well, but are detached from current market reality; they

Markets delivered a post-April Fool’s drop, while manufacturing metrics moved back into the expansion zone. Markets have now dropped the chances of a June interest rate cut to 50%; markets continue to trade in a particular range. The April 15 Tax Day bump may not materialize this year with the expiration of previous tax law. Gold is on a catch-up trade; will rotation trades continue? Investor sentiment remains high. The bullishness of Ken Fisher; Gains vs Declines: Market Math explained. The Truth about promised returns vs reality; market math & investor longevity. Markets always revert. No reason not to be bullish now; who expects to be richer in 2024? Gen-Z women are most optimistic. US College Majors with highest un-employment rates: Art History.

3:10 – Markets Drop Chances of Fed

PCE Inflation is weaker, yet consumer spending remains robust; the Atlanta Fed is forecasting 2.3% GDP for Q2. Is this period nirvana for the Fed? The Relative Strength Index is stuck at 70. Markets continue a low-volatility advance, seemingly floating higher. The current environment typically leads to market correction. The next round of earnings commences next week; it will be unsurprising that to see a high percentage of companies “beat” Wall Street estimates. (The high beat rate is always the case due to the sharp downward revisions in analysts’ estimates as the reporting period begins.) Are investors paying more for less? California’s new $20.hr minimum wage goes into effect today; cast study to come. The realities of the cost of labor; at what point do consumers say, "enough."

If Fed Chairman Jerome Powell doesn’t appreciate the difference between financial and borrowing conditions, we must assume most investors do not either. The current combination of easy financial conditions and tight borrowing conditions makes monetary policy difficult for the Fed to balance. At times, like today, financial and borrowing conditions can be at odds with each other, which makes the Fed’s job of managing monetary policy more difficult. Threading the eye of this needle may prove problematic given that inflation remains too high and, more recently, is showing some signs of being sticky.

Hosted by RIA Advisors Hosted by RIA Advisors Chief Investment Strategist, Lance Robert, CIO, w Portfolio Manager Michael Lebowitz, CFA
Produced by Brent Clanton, Executive Producer

The Sentiment Index is hanging in, despite weakening regional surveys; economists see no recession in sight; bank reserves have been rising since October 2022. End of quarter rebalancing is generating some activity; after three-days of selling, market futures are positive this morning. Watch markets’ steep angle of ascent; this is not sustainable, and correction will result sooner or later. Lance’s unique inflation indicator… Markets still act like there’s a flood of liquidity when there’s not; markets are bifurcated; Houston real estate is insane. Can Wall Street save your retirement? Larry Fink thinks so, or at least wants you to think he can; Blackrock & Merrill want to hold your money forever. Creation of Merrill’s Target Date Fund. Why Annuities are so lucrative; three reasons why

Baltimore Harbor is closed following the collapse of the Francis Scott Key Bridge, hit by an out of control freighter. Weaker Regional Economic Surveys are in contrast to economists ratcheting-up growth expectations: No one is expecting a recession. Liquidity continues to boost bullish mood on Wall Street. The market has steadily climbed for past 5-months, creating record deviations; for now, no fear. Valuations are a measure of market psychology: "If everybody has bought, who is left to buy?" – Sam Stovall. When Technicals & Fundamentals align (the problem for most investors is that they’re too slow). All elements are now present for a reversion to the mean; just need a catalyst. What will turn buyers into sellers? The impact of more, earlier retirees on actuarial tables and Larry

There are three components of a “market bubble.” The first two, price and valuation, often get dismissed or rationalized during the inflation phase. That rationalization is due to investor psychology and the “Fear Of Missing Out (F.O.M.O.)

Stop the re-makes of ’80’s movies (Roadhouse)! Markets are going into 5th straight month of gains, remaining over-bought and trading in a very narrowly-defined trend channel. Money going into cryptocurrency (Memecoin) is indicative of late-cycle market speculative mood. The Coffee Maker saga continues; Market Bubble Psychology: What defines a market bubble. No two market bubbles are a like (w charts). The Fed’s Dot Plots are worthless. How will the latest CR be funded? (More debt.) The mechanics of Social Security: more retirees earlier than

What do the Three Stooges and the Fed’s rate cut plans have in common? Risk appetites are on the rise with the Reddit IPO; what if inflation heats up and the Fed cannot cut rates? We’re living in a government-driven economy. The challenges to withdrawal rates: Goal-harvesting. Goal shifting when retirement guardrails change. The Reddit IPO: Let the euphoria burn away. Risks to Medicare Advantage plans in 2024: Pre-existing clauses. We now have to deal with reinvestment risks as rates begin to fall; alternatives to getting away from high fixed-income earnings.

3:12 – The Three Rate Cut Stooges
14:23 – Retirement Goal-harvesting
30:16 – Risks in Medicare Advantage 2024
44:33 – Medicare Advantage Risks & Reinvestment Risks as Rates Begin to Drop

Hosted by RIA Advisors Director of

Markets respond to the Fed rate announcement, indicating at least three rate cuts this year, the first one coming as soon as June. Danny & Jonathan discuss Bond behaviors in the aftermath and investor response to the Fed rate announcement. Changes to the Child Tax Credit for 2024 (it’s not a deduction, but a credit against the tax you owe); caveat: It’s not indexed for inflation. What about using insurance products as an investing tool. Danny & Jonathan discuss the evolution of annuities and the best approach for determining their usefulness; how to determine how much to invest in an annuity; the value of long term care policies.

3:05 – Economic Report Preview; Fed Rate Predictions
14:30 – Investor Response & Reaction to Fed Rate Announcement
30:08 – Child Tax Credit for 2024
44:18 –

It’s Fed Day: Danny Ratliff provides a preview in Lance’s absence; mortgage rates are pricing-out most buyers. Is your ex- worth more dead than alive? Taking a look at SS survivors’ benefits: There are some caveats. How to incorporate inflation hedging into your portfolio. Making buying choices to better manage inflation in household budgets. Why some are accessing 401-k funds (and what about those who do not have one?) Understanding target date funds; why they’re generally the default for fund managers. Watch for higher fees and internal expenses; not all funds are created equal. Financial Spring Cleaning in 401-k: watch fund compositions.

3:14 – Fed Day preview & Market Commentary
14:40 – Is Your Ex- Worth More Dead than Alive?
30:30 – How to Hedge for Inflation
44:40 – Understanding

There’s a definite correlation between changes in stock buybacks and changes in market performance. With the closure of the stock buyback window by the blackout period, the effects will be interesting, especially with the prevailing attitudes in an over-extended market. We also notice Bitcoin is having an excellent correction. ance and Michael discuss the Fed’s Dot Plot and plans for Quantitative Easing: Which problem is easier to fix: Creating recession or inflation? Bank of Japan is ending it’s policy of negative rates; what will be the effect on the US? What’s the risk to the currency carry trade? Japan’s demographic problem. Is the Fed formulating a new type of QE? What QE does; is it inflationary? What the Fed can do; the stealth form of QE: Will it provide liquidity to markets?

We are back from Vacation!
Over the last two weeks, the market’s advance has begun to taper off, and a more rounded top may be forming. While the 20-DMA continues to act as support, a violation of that level could well trigger additional selling. Momentum and relative strength have also shown continued weakness, and both registered “sell signals” on Friday.

Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
——-
Articles mentioned in this report:
"Full-Time Employment As A Recession Indicator?"
https://realinvestmentadvice.com/newsletter/
——-
REGISTER FOR OUR NEXT LUNCH & LEARN:
https://realinvestmentadvice.com/evrplus_registration/?action=evrplusegister&event_id=47
——–
The latest installment of our new

We’re taking a little time off to enjoy family and the absence of alarm clocks for the next week.
Our live shows will return on Monday, March 18, 2024.
Please take a moment to subscribe and you’ll be notified when our next show airs!

➢ Listen daily on Apple Podcasts:
https://podcasts.apple.com/us/podcast/the-real-investment-show-podcast/id1271435757

➢ Watch Live Mon-Fri, 6a-7a Central on our YouTube Channel:
www.youtube.com/c/TheRealInvestmentShow

➢ Upcoming personal finance free online events:
https://riaadvisors.com/events/

➢ Sign up for the Newsletter:
https://realinvestmentadvice.com/newsletter/

➢ RIA SimpleVisor: Analysis, Research, Portfolio Models, and More.
https://www.simplevisor.com/register-new

Visit our Site: www.realinvestmentadvice.com
Contact Us: 1-855-RIA-PLAN

Market Commentary: When will rate cuts hit? Biden’s SOTU Address: Get ready for higher corporate taxes and an inflation fight. The Death of the 4% Rule? Not yet…the impact of lower interest rates on a viable distribution plan; how to create one as Recession looms. Dealing with durations: Holding long-term bonds, but not to maturity. Credit risk in bonds, and the importance of portfolio fluidity. Distribution planning and timing: What are appropriate benchmarks for portfolio performance? Is the 60/40 portfolio dead? (No.) Why we may be at the peak of rate hike cycle; proactivity is the key. Is bailing on market volatility a loser’s game? Setting reasonable expectations for portfolio risk; what to do when the fundamentals are skewed. (Getting more "likes" than Lance.) Looking at Bond