10 Burst results for "Morgan Hausa"

"morgan hausa" Discussed on Important, Not Important

Important, Not Important

08:20 min | 3 months ago

"morgan hausa" Discussed on Important, Not Important

"There's a popular martin. Luther king junior quote that lays bare the false promise of the american dream. He said it's all right to tell a man to lift himself up by his bootstraps. But it is cruel just to say to a bootlace man the oughta lift himself up by his own bootstraps now because it was martin luther king junior's birthday recently because we the people seem to have finally elected policymakers who care that are growing inequality is quite literally killing. Many of us thought it prudent to talk about safety nets for boot lewis americans. A safety net traditionally provides a margin of protection against the fluctuations of everyday life the highs and lows it allows for room for error. It helps you endure and designed purposely. It lets you succeed. Safety nets come in a variety of literal and figurative flavors artist. We're talking about actual rope. You can fly higher knowing you won't die if you slip. If you're an investor. A percentage of capital that remains fluid in cash or bonds. So you can make other bets on crazy biotech companies. Or i guess game stop is what we're doing this week if you're doomsday prepar. Who's pretty convinced. It's the end times but safety net might be an underground bunker in your backyard packed with ken. Paris and dynamite. They'll safety nets are complicated. Systemic concept but the first principles are easy to understand if millions of americans are hungry without water without health insurance and healthcare without childcare without wages. Whatever we're doing is working and because we live in a interconnected society not a spaceship made for one. The unequal distribution of safety nets actually affects everyone as america continues along in a quote unquote k shaped recovery or enormous wealth gap continues to grow. Thus many americans haven't had to think about a proper. Can i buy food this week. Safety net for some time now while others are further away from one than ever before white people are for the most part born with a safety net. The color of their skin. This simple unearned. Genetic inheritance provides a set of boots enabling most white people to simultaneously feel protected from sudden life changes and to take risks and embrace opportunities all relative but why people like me and stuff away a bunch of cash and then take advantage of opportunities like nonexistent interest rates and skyrocketing market values to remortgage houses and by tesla or bitcoin because the goal is growth through compounding interest. Not figuring out how to pick up free school lunches during your twelve hour onsite during a pandemic in a world that is more volatile than ever with list of externalities that includes invisible novel viruses in your living room and workplace and actual oceans. Making their way into your kitchen. It's more important than ever that we think through what it means for everyone to have a safety net as morgan hausa. We'll tell you a functionable. Reliable margin of safety means not having to sell your stocks and interrupt compounding interest when shit hits the fan and compound interest is incredible. It's everywhere for example. The ice age didn't happen because it suddenly got super cold outside. It happened because the summers were gradually and consistently more tepid. And the ice just eventually didn't melt but compound interest goes both ways. I mean look at the climate crisis or the continued state of black housing landownership food. College debt and education positive compound interest means not having to choose between food and rent. You don't even have to think about that when you don't have to worry about and food you can do so much more. It means building an infrastructure and culture of wellness and prevention. Not just going to the emergency room with no idea why your chest hurts because and this is vital to understand. It's not usually the suddenly sick person paying that bill. Ambulance rides and emergency room. Visits that are unable to be paid for by. The patient are often paid for by the hospital with something called charity. Care and that's subsidized by state grants basically your tax dollars of course sixty percent of the time. That sick person isn't white and this is the system. We've designed person doesn't have a safety net. A safety net means paying wages that allow for less congested three generation living conditions that viruses can't thrive in that allow for healthy plant based foods and building a strong microbiome that allow for not living next to fucking fossil fuel facilities and uncapped wells. So kids can grow and learn and breathe and you'd be amazed at what kids can do when they can grow and learn and breathe. I means paid sick. Leave for the days. You just can't do it whether you're suffering physically or mentally so you can do your best work on the other days. A safety net is paid parental leave for welcoming child into your family. It's childcare once you go back to work in preschool. After that for your mental health for your performance at work for your child's future it means giving every american child a few thousand bucks every year starting at birth to be spent indoor invested however. The parents see fit for food now and for turning on that fiscal compound interest for the rest of their lives. We can do better. We can make sure people land on their feet and that the entire society benefits society that decides that safety net's of every kind should be universal. We'll find her citizens able to reach further and faster and will suffer for less when faced with a pandemic. your challenge is to consider the safety nets available to you today and to manifest ways. You can extend those to your business in your community to lift all boats a bunch of guys longtime ago said the life liberty and the pursuit of happiness are unalienable. But i'll tell you this. Hungry person has no liberty no freedom no safety net to millions of americans have no liberty to speak of martin. Luther king talked about that in washington to paraphrase here. He said ever since the founding fathers of our nation dreamed this dream. America has been something of a schizophrenic personality on the one hand we have proudly professed the noble principles of democracy life liberty and the pursuit of happiness. But on the other hand. We have sadly practiced the very antithesis of those principles. Now more than ever before. America is challenged to realize it's noble dream for the sheep of the world. Today does not permit us the luxury of an anemic democracy. Our hours late and the clock of destiny is ticking out. We can't expect people to solve existential crises like climate change and they can keep their water turned on. So i asked today look to your own safety nets and find ways to extend them to your neighbors

martin martin luther king Luther king american americans
A Safety Net for America

Important, Not Important

08:20 min | 3 months ago

A Safety Net for America

"There's a popular martin. Luther king junior quote that lays bare the false promise of the american dream. He said it's all right to tell a man to lift himself up by his bootstraps. But it is cruel just to say to a bootlace man the oughta lift himself up by his own bootstraps now because it was martin luther king junior's birthday recently because we the people seem to have finally elected policymakers who care that are growing inequality is quite literally killing. Many of us thought it prudent to talk about safety nets for boot lewis americans. A safety net traditionally provides a margin of protection against the fluctuations of everyday life the highs and lows it allows for room for error. It helps you endure and designed purposely. It lets you succeed. Safety nets come in a variety of literal and figurative flavors artist. We're talking about actual rope. You can fly higher knowing you won't die if you slip. If you're an investor. A percentage of capital that remains fluid in cash or bonds. So you can make other bets on crazy biotech companies. Or i guess game stop is what we're doing this week if you're doomsday prepar. Who's pretty convinced. It's the end times but safety net might be an underground bunker in your backyard packed with ken. Paris and dynamite. They'll safety nets are complicated. Systemic concept but the first principles are easy to understand if millions of americans are hungry without water without health insurance and healthcare without childcare without wages. Whatever we're doing is working and because we live in a interconnected society not a spaceship made for one. The unequal distribution of safety nets actually affects everyone as america continues along in a quote unquote k shaped recovery or enormous wealth gap continues to grow. Thus many americans haven't had to think about a proper. Can i buy food this week. Safety net for some time now while others are further away from one than ever before white people are for the most part born with a safety net. The color of their skin. This simple unearned. Genetic inheritance provides a set of boots enabling most white people to simultaneously feel protected from sudden life changes and to take risks and embrace opportunities all relative but why people like me and stuff away a bunch of cash and then take advantage of opportunities like nonexistent interest rates and skyrocketing market values to remortgage houses and by tesla or bitcoin because the goal is growth through compounding interest. Not figuring out how to pick up free school lunches during your twelve hour onsite during a pandemic in a world that is more volatile than ever with list of externalities that includes invisible novel viruses in your living room and workplace and actual oceans. Making their way into your kitchen. It's more important than ever that we think through what it means for everyone to have a safety net as morgan hausa. We'll tell you a functionable. Reliable margin of safety means not having to sell your stocks and interrupt compounding interest when shit hits the fan and compound interest is incredible. It's everywhere for example. The ice age didn't happen because it suddenly got super cold outside. It happened because the summers were gradually and consistently more tepid. And the ice just eventually didn't melt but compound interest goes both ways. I mean look at the climate crisis or the continued state of black housing landownership food. College debt and education positive compound interest means not having to choose between food and rent. You don't even have to think about that when you don't have to worry about and food you can do so much more. It means building an infrastructure and culture of wellness and prevention. Not just going to the emergency room with no idea why your chest hurts because and this is vital to understand. It's not usually the suddenly sick person paying that bill. Ambulance rides and emergency room. Visits that are unable to be paid for by. The patient are often paid for by the hospital with something called charity. Care and that's subsidized by state grants basically your tax dollars of course sixty percent of the time. That sick person isn't white and this is the system. We've designed person doesn't have a safety net. A safety net means paying wages that allow for less congested three generation living conditions that viruses can't thrive in that allow for healthy plant based foods and building a strong microbiome that allow for not living next to fucking fossil fuel facilities and uncapped wells. So kids can grow and learn and breathe and you'd be amazed at what kids can do when they can grow and learn and breathe. I means paid sick. Leave for the days. You just can't do it whether you're suffering physically or mentally so you can do your best work on the other days. A safety net is paid parental leave for welcoming child into your family. It's childcare once you go back to work in preschool. After that for your mental health for your performance at work for your child's future it means giving every american child a few thousand bucks every year starting at birth to be spent indoor invested however. The parents see fit for food now and for turning on that fiscal compound interest for the rest of their lives. We can do better. We can make sure people land on their feet and that the entire society benefits society that decides that safety net's of every kind should be universal. We'll find her citizens able to reach further and faster and will suffer for less when faced with a pandemic. your challenge is to consider the safety nets available to you today and to manifest ways. You can extend those to your business in your community to lift all boats a bunch of guys longtime ago said the life liberty and the pursuit of happiness are unalienable. But i'll tell you this. Hungry person has no liberty no freedom no safety net to millions of americans have no liberty to speak of martin. Luther king talked about that in washington to paraphrase here. He said ever since the founding fathers of our nation dreamed this dream. America has been something of a schizophrenic personality on the one hand we have proudly professed the noble principles of democracy life liberty and the pursuit of happiness. But on the other hand. We have sadly practiced the very antithesis of those principles. Now more than ever before. America is challenged to realize it's noble dream for the sheep of the world. Today does not permit us the luxury of an anemic democracy. Our hours late and the clock of destiny is ticking out. We can't expect people to solve existential crises like climate change and they can keep their water turned on. So i asked today look to your own safety nets and find ways to extend them to your neighbors

Luther King Morgan Hausa Bitcoin Martin Tesla KEN Paris America Washington
"morgan hausa" Discussed on Important, Not Important

Important, Not Important

01:31 min | 3 months ago

"morgan hausa" Discussed on Important, Not Important

"Is growth through compounding interest. Not figuring out how to pick up free school lunches during your twelve hour onsite during a pandemic in a world that is more volatile than ever with list of externalities that includes invisible novel viruses in your living room and workplace and actual oceans. Making their way into your kitchen. It's more important than ever that we think through what it means for everyone to have a safety net as morgan hausa. We'll tell you a functionable. Reliable margin of safety means not having to sell your stocks and interrupt compounding interest when shit hits the fan and compound interest is incredible. It's everywhere for example. The ice age didn't happen because it suddenly got super cold outside. It happened because the summers were gradually and consistently more tepid. And the ice just eventually didn't melt but compound interest goes both ways. I mean look at the climate crisis or the continued state of black housing landownership food. College debt and education positive compound interest means not having to choose between food and rent. You don't even have to think about that when you don't have to worry about and food you can do so much more. It means building an infrastructure and culture of wellness and prevention. Not just going.

"morgan hausa" Discussed on Motley Fool Answers

Motley Fool Answers

11:28 min | 1 year ago

"morgan hausa" Discussed on Motley Fool Answers

"You would have one hundred and six shares so your share count actually grow grew forty three shares so you. Most people do reinvest those but you don't have to let them accumulate in cash and then blue sort of Morin deliberate or intentional about where to invest that. I'm just bringing it up because I do think it's important that every investment just about every investment specially if you're in a 401k in fund cash is coming in and you can make decisions about how to invest that all right. Our next question comes from Paul. My friend and I started a small investment club in two thousand eighteen. The seven of US each put in fifty dollars per month and purchase a stock with it. The goal for us is to use the forum to stay in touch and discuss investing and business on a high level. We are complete novices but we got lucky. On a few stocks Arrowhead Pharma and OCTA and our returns have been pretty good an issue we suffer from is spreading our portfolio too wide and thus only capturing at best the market average as the money has grown. It's gotten our wheels spinning on interesting ways to put our funds to work. We could put it in high dividend securities and use the funds for a fancy dinner once per year we could put it all in an SMP index fund. We could continue to seek out high growth opportunities or cash out completely so we all stay friends. I would love to hear your thoughts both on stock clubs in general and what you would recommend we do with this money. That's awesome. I love the idea of investment clubs. I had an investment club when I was in my early twenties. I set it up as an actual partnership and it was a nightmare at tax time but it was fun in my case we all pull their money together and I kind of managed it for everyone. So that was fun One way that I've seen investment clubs operate is that the participants take turns on a monthly basis pitching stocks and then everyone Kinda base it and then votes so that's one good way to pick stocks. Another suggestion is for the whole team to identify like an emerging trend. Let's call five G. For example and then everyone goes to work to try to find maybe one or two companies in that emerging trend and then discusses and then votes and that. That's actually really fine. Because you're always on the cutting edge of what's going on in the stock market. I will give a plug for stock advisor. Our flagship service here. It's great for for Investment Clubs. I know some investment clubs that use it debate our picks to pick and choose from Tom. David's favorite companies and then make decisions based on that I wouldn't worry about over diversifying or or getting too many stocks to beat the market at some point that may be true upwards of maybe thirty companies or fifty companies. And then you can kinda maybe pare back and increase positions in your favorite companies. If that happens but I would just keep going. It's a lot of fun. It does build friendships and increases your kind of knowledge of the markets and as I said those emerging trends so I think it's great. Another resource is better. Investing Dot Org. Which is the website of an organization that used to be called the National Association Investment Clubs? It became the National Association of Investors Corporation. But basically it's a whole re resource for people who band together to invest. So they have some suggestions for how to do it. Also recommend some software on which to me like how to handle the accounting of the investments. That would have been handy. Yes thirty years so just check it out better. Investing Dot Org next question comes from Scott. I'm nearing retirement. And have a defined benefit pension plan. I plan on taking a lump sum pension payment enrolling into an IRA. I will have a very large traditional. Ira a good problem. If I need living expenses in retirement what do you think of using the traditional? Ira and delaying social security. This would lower my future are. Md's can you also comment on the recommended withdrawal strategies on which account to pull from first second etc? I have a roth. Ira Traditional Ira Roth 401k and conventional 401k and taxable stock account so Scott your social security benefit grows proximity seven percent percent a year for each year. You delay and that's guaranteed there's virtually nowhere else you can get a guaranteed seventy eight percent these days If you can earn more than that in your IRA from and then from an just a pure numbers perspective it makes sense that takes security now and a delay withdraws from the IRA But you're going to have to take some risk that you're not gonna get that guaranteed seven to eight percent so you just have to decide whether it's worth taking that risk or not In terms of the order of tapping accounts most studies indicate better to drain the taxable brokerage account. I then the traditional accounts and then leave the Roth for last unless there are certain years when you're going to be in a particularly high tax bracket or you feel like. Are you indicate that you're going to be lower tax bracket in the future that it make sense to tap the roth sooner so basically it's a decision you should make every year in retirement projecting your tax rate to the following year and deciding? Okay which account should I tax? Which tap I another thing to keep in mind is that there are no required minimum distributions from a roth. Ira but there are a roth 401k. So that's another reason to move the money from the Roth for a one K. Two Roth IRA ONE. Sort OF QUIRKY EXCEPTION. Why you might. WanNa leave the money in a 401k. Generally if you take money out of an echo retirement account before age fifty nine and a half. You owe a ten percent. Penalty is one corky rule that between the ages of fifty five and fifty nine and a half from if you retire between those ages. The 401k that you most recently had you can take the money out and avoid that ten percent yeah that not an old 401k. But just from the four one K. You just left. So that's another reason. Maybe leave some money in that one And then just finally just so you know thanks to the newly passed secure act. You won't have to take your required. Minimum Distribution Age seventy two for most people are MD at that age is about three point nine percent of the account so it's not really enormous and it's probably close to what you were. GonNa take out anyhow. All right next question comes from Jeff in a previous mailbag episode buck. Hartselle pointed out that when you buy a stock it's essentially just a transaction between you and the person you're buying stock from months ago. Morgan Hausa was a guest and said one of his pet peeves is when someone uses the phrase more sellers than buyers since it's always a one to one ratio. My question is how's it possible that there are always the same number of buyers and sellers? What happens if more people want to sell shares of stock than there are buyers for? I only have experienced buying big well-known companies procter and Gamble Coca Cola Johnson and Johnson. And so on. But is it really possible? You could try to sell or buy shares and there's no one there to buy or sell from. Yes that's great. We've got a buck thing. This is what we know that they're right. It's the actual words so there aren't the same amount of buyers and sellers when you say think of human beings buyer and seller as a human being but there is always the same amount of shares that trade hands. The stock market is a true auction. But it just doesn't feel that way because computers handle everything so in a simplistic way. Let's assume there's only two people and one wants to buy one hundred shares of Microsoft and one wants to sell one hundred shares of Microsoft the factor that will adjust to so that trade gets done is the price of Microsoft. It will fluctuate based on how badly each person wants to get their side of that trade done if they can't agree on price trade actually won't get done and the same amount of shares traded hands and that amount is zero if they can come to an agreement the same amount of shares will treat hands. And that'll be a hundred shares. Now forget a little more complicated and we assume someone wants to sell a hundred shares of Microsoft at the current price of around one hundred and eighty three dollars a share. Let's say there's only one person willing to buy fifty of those shares that the person wants to sell hundred. There's only one buyer that wants to take fifty of them off their hands the seller will then have to adjust his price down until he finds someone who thinks the price is attractive enough to come in and by the other fifty shares. If that never happens then the person will only be able to sell fifty shares out of the hundred or he can choose to sell nine and holders one hundred shares but either way there's still the same exact amount on the buy side and the sell side with the price being the fluctuate or that goes up and down to get the deal done. Just like if you were trying to sell something on ebay and someone wasn't willing to pay fifty dollars for your old Crock Pot and said I'll do it for forty and you either said yes or no and eventually one crock pot would change hands on the buy side and the sell side. So then if I'm thinking about like my side of buying and selling stock though It's just kind of crazy to think that attack that exact second there is someone on the other end who does want my stock or does like my broker be like whatever. I'm going to buy stock and then I'm GonNa like that can harm to yes. they try to match trades But brokers can take stock into inventory on their own market makers are there to make the market liquid and fluent but you can really see this in in real time If you put in a limit order for socks so if I put in a limited order right now to sell Microsoft to two hundred dollars a share it will not fail because the market is telling me Microsoft's only worth one hundred eighty three dollars. Nobody will take my price and then it will be up to me to decide whether I wanNA lower income down to around where the market is in order to get that filled. I might not want to and therefore I would just hang onto my shares but you can really see kind of this whole thing illustrated when used limit orders. Okay this is kind of a dumb question. So stock usually get a stock certificate right. Stock Number on. And this would be your. This is your official share. Even though it's all ones and Zeros this shares that I own do they still have like specific share numbers. I see like where my where my little piece of paper went virtual paper like now. It turns out Bro. Owns my share of well. I don't know unless you request differently. The brokerages hold the shares in. What's called Street name? And they hold onto their certificates in their own name. You can call your broker and say I want my actual certificates please. And then they'll change the name on it to you and they'll mail them to. You can still get paper. My Activists Hedge Fund investing days in order to kind of engage in a proxy contest. Or any kind of a hostile takeover. You actually needed to have stock put in your own name. It couldn't be in street name at your broker so I still have like a five share stock certificate of Sims Department. Store sitting in like a file cabinet somewhere Back from those this. That's awesome all right. Next question comes from Taylor. Oh it's our last question to. I would like to hear your opinion on having to Roth. Ira accounts with different brokers. My Roth is with fidelity but I've been thinking about opening a second roth with Charles Schwab because I'd like to take advantage of the fractional shares. My thinking is that since I'm only investing one hundred sixty bucks a paycheck ten percent of my salary. I could spread my money out. More with fractional shares instead of having to wait several paychecks to buy complete shares. Well Taylor I have good news for you as of a few weeks ago..

Ira Investment Clubs Microsoft Md US Scott Roth National Association Investmen Morin National Association of Invest Arrowhead Pharma Taylor advisor ebay David Gamble Coca Cola Johnson OCTA
"morgan hausa" Discussed on Animal Spirits Podcast

Animal Spirits Podcast

03:35 min | 2 years ago

"morgan hausa" Discussed on Animal Spirits Podcast

"Treasury reeled on one axis, and the average had headphone return on the next and what a showing is that from every year, basically since really doesn't tend to today. Returns have been crap. And again, this is h f afar, I, and I know it's weird to lump them all together. But whatever let's just go with it for a second. But I wonder is the reason that they're having trouble because of QE absurb or is that just sort of a coincidence. I mean, obviously higher rates or tailwind for long short funds. But what do you think it like hedge funds in general? I mean, that's part of it. But the fact that markets have been doing so well would kind of be the other side of that where that shouldn't they shouldn't be doing so bad. And obviously we lump in hedge funds together long short funds are much different than a lot of. Other hedge fund categories, but they've they've had their struggles that the the, quote that came to mind when you talked about Ted's piece is it reminded me that cliff has misquote we said, there's no investment products. So good gross that there isn't a fee that could make it bad net in. So obviously, people weren't paying whatever they could back then. But in a lotta ways hedge funds took exactly what they they could in. When he says, well, they could pay five percent to invest in this. That's basically if they make some money. That's basically what their fee is. When you include performance, if it is a two and twenty but in the past in the nineties, you could earn that five or six percent on your cash that you'd get from your short rebate. But the problem is was that inflating these returns. Then wouldn't you say that long short worked so well in two thousand and two which was like the golden age of these value hedge funds for obvious reasons. And right now a period where growth is working values not and even without fees. There would be pretty massive on the performance. I think I think everyone would love to have that period. Again, where there's this massive divergence in I think people want to say that values under. Formed over the past call it five or six years in that we were back there again. And it's not even close to what we saw back. Then there was July divergence that it. It's it's I mean, never say never, but that could never happen again where growth is so overpriced comparison devalue so those funds in in getting him credit for timing. It right. Even though they probably had some years of underperformance leading into it. They went long cheap in short expensive. And both of those traits worked and worked out real. Well, you think they're any funds that go long expensive short cheap. Probably a lot of fun right now. That'd be hard to pitch to investors. But boy with that of crushed over the last few years. Yeah. Well, anyone who's chasing performances? Probably done exactly that over the past few years and a lot of the value fund managers like David Einhorn, and such that have done the opposite have gotten crushed one of the reasons why hedge funds have had such a hard time is because it has been pretty much a one way market since the bottom in two thousand nine now. I am of the opinion that there have been three separate bear markets in US stocks global stocks, but they've been very shallow and recovers have been very quick. And one of the reasons why they have been so shallow is because there really hasn't been any recessions, and Morgan Hausa wrote a piece showing a really cool try that I haven't seen before at it clearly shows that the time between the sessions are getting longer and longer and Morgan said that one of his theories is that the fed is better at managing the business cycle, or at least extending it and another is that heavy industry is more prone to boom and bust. Overproduction in service industries that dominated the last fifty years. What are your thoughts? When you saw this chart. It is kind of crazy how we talked earlier about the double-dip recession possibilities that we heard in two thousand eleven and two thousand ten and history since World War Two or so would tell us that that's pretty rare. It happened actually happened in the eighties where we had a four year period where we had to recessions..

Treasury Morgan Hausa US Ted fed David Einhorn cliff five percent fifty years six percent four year six years
"morgan hausa" Discussed on Invest Like the Best

Invest Like the Best

02:11 min | 2 years ago

"morgan hausa" Discussed on Invest Like the Best

"There to sell you're not there to learn to be. Advisor. So find financial advisor jobs the primary way I tell people to do that like first of all just ask them to show you a a sample version of their financial plan if they don't have one that pretty much answers the question about how focused they are in financial advice. Number two is asked them about how they make their money and where it comes from. And what you're actually looking for is not just the industry speed versus commission debate, the fundamental question is is their revenue recurring that could be twenty one fees that could be a UM fees is their revenue recurring. Because if the firm doesn't have recurring revenue the truth is every January first they wake up, and they have no revenue in the Bank. And so all firms tend to hire when they have no revenue coming in until they go sell. Something is more. Salespeople firms have recurring revenue y'all got my hundred million dollars under management January. I I got a million dollars revenue coming in. All I have to do is be awesome financial planner for my clients. So they stay so firms with occurring revenue tend to hire financial planning jobs firms with. Nonrecurring revenue tend to hire sales jobs and so asked to see a sample financial plan asked what kind of revenue they earn. Whether it's recurring if at least seventy percent of it is recurring. Your odds are good. You're getting into a good place. And just find out if the growing firms that are growing ten to create more opportunities as they grow. So you may not know what it's gonna look like there's a saying in Silicon Valley like if you have a chance to get on a rocket ship. You don't quibble about which seat you're going to get on you just get on the rocket ship. And you figure it out later 'cause growing firms tend to create lots of opportunities for everyone. So what that sample plan? Look like, do they have recurring revenue and is the firm growing. And if they can check all three of those boxes you probably crossed off eighty to ninety percent of the firms you're going to be talking to. And there's a pretty good chance. You'll find firm that's going to be a solid for step for you in the industry. So the most popular question as as voted on by critter came far friend Morgan Hausa, which is to ask you how you invest your own money by money is essentially a roughly three way split, but the three pieces are not even the smallest. Wallis piece actually is just my good old-fashioned investment accounts managed saving accumulate a little bit. That's actually managed by our advisory firm. So you'll my dollars or on our company.

Advisor Morgan Hausa Silicon Valley Bank Wallis hundred million dollars million dollars seventy percent ninety percent
"morgan hausa" Discussed on Motley Fool Money

Motley Fool Money

03:44 min | 2 years ago

"morgan hausa" Discussed on Motley Fool Money

"Nothing quite as beautiful. Welcome back to montlake. We'll money. I'm Chris L. Joining me in studio. It's the one and only Morgan Hausa good to see you. Good to see you me. You've been traveling. We're going to get to your travels, but let's let's start with this the last time you and I were talking in the studio it was last June. Yeah, sounds right. And I checked and the s&p five hundred today is just about where it was when you and I were talking back in June. Although it's visited a lot of different places in between those two times. And I'm curious studying the market the way you do. What do you make of the volatility that we've seen over the last six months in particular? Someone asked me a couple of weeks ago a similar question. But they said the market has been so calm for the past two years. And now the last three or four months it's been up and down all over the place. What do you make of the ups and downs? And I said, well, no, it's the calm. That was the outlier that was the abnormal part. Letting the volatility that we've experienced in the last, you know, three or four months is what is more closer to historical normal than what we experienced in two thousand seventeen and most of the two thousand eighteen where the market just went up consistently one percent per month. Very little volatility. That's the outlier, but it happens for so long. It was only twelve or sixteen months. I think people got accustomed to, you know, even if you're a long term investor you've been doing this for a long time. If you go through a period of twelve or eighteen months where things are calm. It's really easy to extrapolate into -ssume that that's kind of how the market works because it feels so good. It's so calm. Everyone's having a good time. And then when you get into a more volatile periods. Harter remember and remind yourself. That that's that's what markets are supposed to do. And that's why you're gonna earn a higher return than other assets. Because you're putting up with all those ups and downs. So we've talked before for years on this show about as great as the bull market run has been for roughly the last decade, one of the potential ripple effects is we're going to have a lot of new investors who win the volatility hits when the market drops. Suddenly that's going to be really their first time encountering it. We've focused. I think more on the returns and sort of gearing are stealing ourselves for people not being ready for the market drops. But is it the volatility that really is as important if not more important in terms of investor psychology? I always think you can break it up into two groups in terms of there's a group of investors who started after two thousand eight and have never experienced downturn. And then there's the people who were investing in two thousand eight and they have all the scar tissue from two thousand eight and both of those groups I think can be equally dangerous. You have the new investors who might not understand what it's like to watch your net worth go down by twenty five percent. And what that's going to do to your psyche. And how that's going to affect your outlook on your retirement your kid's education. And then there's another group like you. And I who did live through two thousand eight invested through two thousand eight who are probably a little bit overly paranoid that. That's what's going to happen next. And we keep anchoring to two thousand eight and assuming that the next big downturn is going to be like that next big one. It's like if you lived through the nineteen o six San Francisco earthquake you probably assume that every earthquake after that was gonna devastate the city that realize like no that was a big outlier, you probably wouldn't expect that to keep happening. So I think in terms of the psychology about it. Those are kind of the two camps out there today, you have the complacence and the paranoids, and I don't think one is better than another. But I think both groups kind of set themselves up they both both groups can anchor on scenarios that are statistically by unlikely to occur. Again. Do you think we can get like team jackets made with? You know, paranoids written on the back. That would be good. I would do it. I'd wear it..

montlake Chris L. Harter San Francisco four months twenty five percent eighteen months sixteen months one percent six months two years
"morgan hausa" Discussed on BizTalk Radio

BizTalk Radio

02:30 min | 3 years ago

"morgan hausa" Discussed on BizTalk Radio

"That is grounded in reality because even though the stock market went nowhere for me in my teens and twenties by the time i had any money to invest the stock market was literally on fire just think about what happened from say nineteen eighty two the year two thousand that twenty year period of time it was pretty unbelievable and fact it encompassed the longest bull market in history we are near now in the second longest and my suspicion is this one will alternately be the longest but one of the thing i picked up from morgan hausa and it's only if you want to read this it's very long it's called the psychology of money and i believe it was written on june i twenty eighteen so it's not that ancient at this point it's still fairly new stuff but he is an absolutely brilliant writer i think he now writes for the collaborative fund he used to be at motley fool i believe because i've been reading for years but he wrote this to under appreciating the power of compounding driven by the tendency to intuitively think about exponential growth in linear terms that sounds like a mouthful which it is but let me see if i can make it simple for you based on what he said here for example ibm made a three and a half megabyte hard drive in the nineteen fifties the nineteen sixties things were moving into a few dozen megabytes but the nineteen seventies ibm's winchester drive held seventy megabytes then drives got exponentially smaller in size with more storage a typical pc in the early nineteen ninety two hundred five hundred megabytes and then things exploded in one thousand nine hundred ninety nine apple's mac comes with a six gigabyte hard drive in two thousand three hundred.

writer ibm apple motley nineteen ninety two hundred fi seventy megabytes six gigabyte twenty year
"morgan hausa" Discussed on BizTalk Radio

BizTalk Radio

02:30 min | 3 years ago

"morgan hausa" Discussed on BizTalk Radio

"That is grounded in reality because even though the stock market went nowhere for me in my teens and twenties by the time i had any money to invest the stock market was literally on fire just think about what happened from say nineteen eighty two the year two thousand that twenty year period of time it was pretty unbelievable in fact it encompassed the longest bull market in history we are near now in the second longest and my suspicion is this one will ultimately be the longest but one other thing i picked up from morgan hausa and incidentally if you want to read this it's very long it's called the psychology of money and i believe it was written on june i twenty eighteen so it's not that ancient at this point it's still fairly new stuff but he is an absolutely brilliant writer i think he now writes for the collaborative fund he used to be at motley fool i believe because i've been reading him for years but he wrote this to under appreciating the power of compounding driven by the tendency to intuitively think about exponential growth in linear terms that sounds like a mouthful which it is but let me see if i can make it simple for you based on what he said here for example ibm made a three and a half megabyte hard drive in the nineteen fifties the nineteen sixties things were moving into a few dozen megabytes but the nineteen seventies ibm's winchester drive held seventy megabytes then drives got exponentially smaller in size with more storage a typical pc in the early nineteen ninety two hundred two five hundred megabytes and then ram things exploded in one thousand nine hundred ninety nine apples i comes with a sixty gigabyte hard drive in two thousand and three one hundred.

writer ibm motley nineteen ninety two hundred tw seventy megabytes sixty gigabyte twenty year
"morgan hausa" Discussed on BizTalk Radio

BizTalk Radio

02:25 min | 4 years ago

"morgan hausa" Discussed on BizTalk Radio

"Cohosting this a sex show land roe they're not talking about you and they're saying the bomb did neither get it he's was they didn't say do did he did he smart day lead rose certified financial planner i wanted your input on this because i i've been talking about diversification and how more is better than less rights something i learned from that you preach to me from ears and morgan hausa a wrote about this i dunno year so ago and i've kept this and i i have been meaning to read from this because it's really good if you don't mind you can give me your comments later but here's what morgan had the right investment firm horizon research group wrote a paper a few years ago about a group of art dealers the made fortunes in the nineteenth and twentieth century small handful of these dealers ended up owning massive collection of master works by picasso matisse and so forth what's incredible as the value of art as you all know is subjective and it's impossible know what a piece of art it's going to be one hundred years now fifty years now five minutes from now i happen to have a owned some art and bought some are in the past and never really saw it as much of an invest but i looked online once about some stop and i'm gonna you know i didn't do the calculation but it was worth more than what i paid for maiden by and for that reason anyway he goes on to talk about how a by buying this vast quantity of art when the art market collapse than they lost most of the money on these you know famous pieces of art of you look like some of the picassos and so forth became worth so much money that would offset the losses on the others so that which brings us to another study it was done by j p morgan which showed the percentage of the russell three thousand companies that suffered what they called a catastrophic loss which is defined as one a stock falls seventy percent or more from nineteen eighty two two thousand and fourteen are it just incredible how how many of the russell three thousand companies suffered that kind.

morgan horizon research group russell one hundred years seventy percent five minutes fifty years