Smart Investing with Brent & Chase Wilsey
Business:Investing
Stock Market Value Index
It's important to remember how quickly the right stocks can move and it's one of the many reasons I don't try to time market bottoms. If we look back to the last time the market was spooked by the Fed raising interest rates, it was December 2018 and the Russel 1000 Value Index lost 15.7% from November's close to the low in December. This is when we had an intra-day bear market or a loss of at least 20% from the high. Fast forward about 2 months to the end of February 2019 and the Russel 1000 Value Index gained 18.5% from the low and was about flat compared to the November 2018 close. With so much bad news currently being factored into the current stock prices, I believe the right companies can still end 2022 on a positive note. As always when you invest think about where you will be 2-3 years down the road and don't try and predict the absolute bottom.
Tech Stocks
With the markets falling, people keep asking me if they should hold and wait for their investments to come back. I always say it depends on what you have, and it could be dangerous to hold the high-priced tech stocks we have talked about. If we look at the Nasdaq which is a good barometer for many of the tech stocks, it is now down about 33.4% from its 52-week high. I still would not be surprised if the Nasdaq fell 50% from it's high as valuations were out of control before the recent sell off. If this fall did occur, that would be a fall of another 24.9% from current levels. It's important that we don't forget history and that in the tech bust the Nasdaq fell close to 80% from its highs. If that were to happen again it would be a decline of 70% from today's level. This is one of the main reasons I stick to value investing as people forget how risky these high-priced tech stocks can be.
United States Supply Chain
Morgan Stanley conducted a survey of more than 400 executives from large corporations in the US, Germany, and Japan. They discovered the most important factors in supply chain decisions are geopolitical stability, skilled labor, physical infrastructure, and a developed supply chain ecosystem. I’m happy to share that the United States outranked Europe, China, and Mexico. The good news is 18% of the companies plan to significantly expand US manufacturing in the next 12 months and 36% have a three-year plan for doing the same. I also observed more than 40% of the US companies are working hard to onshore supply chains. This could be a big benefit in our economy over the next 12 to 36 months.
Harrison Johnson, CFP®: Deducting California taxes for Business Owners
February 18, 2023 | ChatGPT, Retail Sales, Option Contracts and 2023 Inflation
February 11, 2023 | Short-Term Rentals, Young Investors, Super Bowl Betting and When to File your Taxes
February 4, 2023 | Labor Market, Jobs Report, Tailored Shareholder Reports, Super Bowl Streaming & Tax Planning with the new RMD Age
January 28, 2023 | Personal Consumption Expenditures, Tesla’s Reported Earnings, Home Price Affordability, Debt Ceiling, Layoffs and Over-Hiring, Stock-Based Compensation, Federal Reserve...
January 21, 2023 | Inflation, Consumer Spending, Debt Ceiling, Costco Buyback Program & Life Insurance Review
January 14, 2023 | Consumer Price Index (CPI), Santa Claus Rally, Stocks, NFL, 529 to Roth Rollover
January 7, 2023 | Job Market, Supply Management (ISM), Tech Employees, Secure Act 2.0, The economy, Interest Rates, Real Estate, Bitcoin, Stocks & Bonds
Back to Financial Basics: Investing Education (Pre Recorded)
December 17, 2022 | Inflation, The Fed Report, Job Market & Sole proprietor or S-Corp pt. 2
December 10, 2022 | Producer Price Index (PPI), Freight Costs, Big Tech Companies, Plant-Based Meat, and Sole Proprietor or S-Corp
December 3, 2022 | Jobs, Personal Consumption Expenditures (PCE), National Retail Federation (NRF) & The SEC
November 19, 2022 | Consumer Price Index, Inflation, Home Sales, S&P 500 Companies, Costco vs. Sam’s Club & Income Related Monthly Adjusted Amount (IRMAA)
November 12, 2022 | CPI Report, Job Market, CBDC’s (Central Bank Digital Currency) & Cryptocurrency Balance Sheets
November 5, 2022 | Payroll Employment, September JOLTs, Facebook (META), Microsoft Workers & Traditional and Roth IRA Income Limits
October 29, 2022 | Portfolio Splits, Gross Domestic Product Report,10-Year Treasury, Oil Companies, How spouse age difference affects social security
October 22, 2022 | Dollar Strength, Earning Season, Tax Adjustment, Home Sales & Series I Bonds
October 15, 2022 | Inflation, Strong Dollar, Crypto, Cars, Oil, Inflation, Fossil Fuels, Nike, Businesses, Used Cars, Lumber Prices, & Meme Stocks
October 1, 2022 Global Economy, Costco, Market, Income Increase, Luxury Homes, Apple, Oil, Electric Vehicles, & September
September 24, 2022 Market Increase, Streaming Services, Real Estate, December 2022, Population, Investing, Home Sales, Rising Interest Rates, Investing, & Increases in Price
September 17 2022 | Inflation, Oil, IPO’s , Bitcoin, Entertainment, Transportation, US Jobs, Producer Price Index, Banks, Crypto, China, & Office Vacancy
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast