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Payne Points of Wealth Podcast

Greed is out there. Time to be fearful? Ep#151

By March 3, 2024No Comments

Bitcoin’s over 60,000

When you see Bitcoin up like this you know there’s a lot of speculation out there. With so much liquidity around many investors are tempted to chase the momentum in AI growth and tech stocks. However, we know that everything is cyclical. If you are building your retirement portfolio, you can’t get caught up in the frenzy of the current market.

It's not about making all the money in a bull market, it's about losing less in a down market. That's what really determines performance over time. And we all forget that.

Ryan Payne

Meltdowns are no fun. If somebody thinks they can time this.. Bless them.

Bob Payne

Good investing is not about instant gratification

The outlook is very positive for earnings and GDP looking to next year and beyond. Outside of AI and crypto, there are opportunities for a long-term investor. For example foreign markets, you’re getting great dividends right now and small caps will start outpacing large caps next year in terms of earnings growth based on projections.

I think that's where the mistake is going to come in..if people start to abandon their asset allocation... when that music stops they're going to really wish they kept to that discipline.

Ryan Payne

The Tipping Point

Ways investors can be their  

Own Worst Enemy 

During our collective 75 years of experience in financial planning and investing, we’ve seen how many of you can be your own worst enemy when it comes to making sound financial decisions. Today we go over some of the bigger mistakes.

Thinking my tax brackets going to be a lot lower, once I retire.

Your individual retirement account is actually a joint account with the US government.. you can basically assume they're going to take 40% to half over time.

Chris Payne

Not staying disciplined

If you're building your portfolio for retirement, you can't get seduced into the greed of the moment. It's the worst thing you can do for your retirement plan.

Ryan Payne

Trying to beat the market

The financial markets have generated a very generous return.. enough return for everyone to achieve their goals.

Bob Payne

Hidden Facts of Finance

After peaking at 7,378 stocks in 1998, the Wilshire 5000 index had 3,392 names as of January 31st. The number of stocks in the index has been shrinking because mergers, takeovers, and leveraged buyouts have taken more companies from the public markets than initial public offerings and spinoffs have added.

The value of all stocks traded in the U.S. rose fivefold during the 1990s from 4 trillion to 20 trillion, and now it’s up another fourfold to above $80 trillion.

Supermicro Computers, manufactures computers that companies use as servers for websites and data storage applications. The stock’s up 180% this year. The company is able to raise funds via convertible note for $1.5 billion at zero borrowing cost.