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Funeral planning may not be anyone’s favorite financial-planning conversation, but making decisions now can save your family money, confusion, and difficult choices later. Richard Rosso and Jonathan McCarty take a surprisingly entertaining look at the financial side of planning your own funeral, from traditional burial and cremation to cemeteries, niches, pet burials, aquamation, becoming a tree, and even having your cremains launched into space. We’ll examine funeral and burial costs, prepaid arrangements, inflation, cemetery pricing, add-ons, paperwork, and the importance of communicating your final wishes. Can locking in funeral costs today make financial sense? What decisions should you make in advance? And how can planning ahead become an expression of consideration for the people you leave behind? Plus, Richard shares some memorable real-life experiences involving cremains, cemetery niches, his mother’s remains, the Grim Reaper, and why apparently even Buc-ee’s can inspire a conversation about where you’d like to spend eternity. The subject may be death, but the financial-planning lesson is very much about life: make your wishes known, understand the costs, organize the paperwork, and don't leave your family guessing. 0:00 - INTRO 0:20 - Planning a Client's Funeral (DIY version) 2:55 - Advanced Funeral Planning & Cemeteries 5:46 - Niches for Cremains, Richard & the Grim Reaper 7:54 - Getting Richard's Mother Out of the Closet 15:15 - Cremation? Making Decisions Now So Your Relatives Won't Have To 15:43 - Taking the Dogs With You 16:56 - Cost Effective Solutions 18:01 - The Stories in the Niches 20:10 - The Cost of Burial 22:02 - Pre-cutting Burial Sites 23:18 - Adding more People 24:51 - Buc-cee's Burials 26:33 - Pet Cemetary 27:30 - The Business of Burials - Additional costs & add-ons 32:14 - Funeral Inflation & Locking in Costs 34:15 - SCI International 36:04 - Dealing with the Paperwork 38:03 - Communicating Final Wishes 40:31 - How do You Want to Be Buried (Be a Tree, Aquamation, Rocket Launch) 45:45 - Location, Location, Location... 48:00 - The Ultimate Expression of Caring & Respect ==== Hosted by RIA Advisors' Director of Financial Planning, Richard Rosso, CFP w Senior Investment Advisor, Jonathan McCarty, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/oGCV1mUrzwk?feature=share -------- Watch our previous show, "From TINA to TIGA: Diversification Pays Again" https://youtube.com/live/JV2n7ESiZ54?feature=share ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #FuneralPlanning #EstatePlanning #FinancialPlanning #FuneralCosts #Cremation

For years, investors lived by TINA: “There Is No Alternative” to stocks. With interest rates near zero and bond yields offering little income, equities dominated the investment landscape. But that math has changed. Today, Treasury yields are above 5%, investment-grade corporate bonds offer competitive income, and real yields have climbed to levels not seen in nearly two decades. Meanwhile, stock valuations remain historically elevated. That creates TIGA: “There Is a Good Alternative.” Lance Roberts & Michael Lebowitz examine what the changing relationship between stocks and bonds means for portfolio diversification, why the equity risk premium has narrowed, and how investors can think about balancing income, risk, and long-term return potential. 0:00 - INTRO 1:04 - TINA, TIGA; Bulls & Bears; no pants 2:28 - Did the Fed make a mistake in hiking rates prior to PCE Index Release? 3:13 - Oil Prices & Inflation vs Price Levels 4:21 - GDP Calculations: Consumers and Businesses 5:17 - What the Fed is Fighting 8:13 - Where is a Trading opportunity in Bonds? (TNX) 11:15- Investors are Off-sides on Bonds 15:00 - TINA vs TIGA: What it Means 17:27 - How Are You Getting Paid to Diversify? 19:39 - Equity Risk Premium or Discount (chart) 22:15 - Bonds vs Bond ETF's 25:26 - Why Bonds are Like Annuities 27:00 - Rooting for a Technology Crash (chart)... 28:43 - Technology Stocks are Least-sensitive to Interest Rates 32:09 - Yields Take a While to Impact 33:21 - Credit Spreads are Starting to Widen: A Warning Sign for Markets? 39:06 - Small Business Loan Rates 41:07 - The Thing that the Market Cares About (Forward Earnings) 44:56 - Employment Data Preview ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's "Before the Bell" report, "Bond Yields May Be Setting Up a Trade," https://youtu.be/ikGixV15dME ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/JV2n7ESiZ54?feature=share -------- Watch our previous show, "Q&A Wednesday: What's Holding Up the Market? " https://youtube.com/live/BSygFM2sS7Y ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #BondMarket #TreasuryYields #InterestRates #TLT #Investing

The major indexes remain near record territory, but beneath the surface, the picture is considerably more complicated. Technology continues to provide important support while market breadth has weakened, Treasury yields remain elevated, and small- and mid-cap stocks have faced greater pressure. Meanwhile, investors are weighing the Federal Reserve’s latest rate hike, higher bond yields, oil prices, stretched areas of the market, Nvidia’s massive stock buyback, and questions about whether Technology can continue carrying so much of the market’s weight. Lance Roberts & Danny Ratliff take your questions directly from the YouTube live chat and discuss what these developments could mean for markets, portfolios, interest rates, bonds, retirement planning, and the economy. 0:00 - INTRO 0:56 - Last day of the Quarter; Friday is Employment Day 2:18 - JOLTS Report - Labor Hoarding 6:10 - Markets Continue to Consolidate; Breadth is Very Weak 7:51 - The Set up for a Year End Rally 10:46 - When you're right...and keeping score 13:00 - Cash on Hand? 13:46 - Investor Sentiment Then & Now 15:27 - What about Utilities Now? 16:20 - RSP vs SPY? 17:24 - Interest Rate Sensitive Small- & Mid-caps? 19:08 - When Trading Patterns Fail? (chart) 22:15 - Can You Remember a Time when the US Has Been This Resilient? (yes) 25:40 - Data Center Growth Projections to 2040 27:48 - When do We Know When the Bond Market Crashes? (Why does the Fed hike rates?) (chart) 32:38 - Taking Advantage of Rate Environment to Buy a House 35:34 - Collateralized Loan Obligations as Investments: Know the quality of underlying loans 37:13 - Is Now a Good Time to Invest in REITS? 39:57 - Total Cost of a House Over Time? (What the Real American Dream is...) 42:13 - What is a Qualified Dividend (AMLP & Buying Dividend Companies) 43:44 - The Three Legs of a Portfolio 45:11 - Bumping Up 401k Contributions ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's "Before the Bell" report, "Market Breadth Sends a Warning " https://youtu.be/YR2WHQHpryU ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/BSygFM2sS7Y -------- Watch our previous show, "Stop Trying to Beat the Market" https://youtu.be/_m7uSDmtseI ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #MarketBreadth #SP500 #Investing #MarketOutlook #FederalReserve #InterestRates #MarketOutlook #Bonds

Can even the wealthiest investors consistently beat the market? Recent data comparing the Forbes 400 with the S&P 500 raises an important question about investment performance, indexing, and the pursuit of market-beating returns. Lance Roberts & Jonathan Penn examine why Americans across generations remain uncertain about their future financial needs, and what that says about the importance of planning beyond portfolio performance. Then, we put a real-world income decision under the microscope: a 5-year Multi-Year Guaranteed Annuity (MYGA) yielding 6% versus a 5-year U.S. Treasury yielding 5%. Is the additional yield worth the differences in liquidity, guarantees, taxes, and risk? 0:00 - INTRO 1:00 - National Coffee Day 1:55 - ISM Report/Dallas Fed: 4% GDP Growth? 4:02 - Earnings Season About to Begin/Market Seasonality Set up 6:20 - Markets Continue to Bore; very deceptive 7:54 - Reflexive Rally today? 9:36 - Where to bet on Markets' next move? 11:24 - National Coffee Day & Lance's Weekend Indulgence; Peanut Butter poll 15:15 - Kneejerk Reactions by Investors to Constantly Beat the Market (Fortune 400 vs S&P 500) 18:34 - When Investors Meddle with Portfolios 21:58 - How to Lose Money on a Bond 23:20 - When You're Down in a Position (and don't want to sell at a loss...) 25:49 - Is There a Strategy for Looking for under-valued bonds? 29:37 - Are there Concerns over Stability of US Treasury Market? (6% MYGA vs 5% Treasury) 36:51 - What about Brokered CD's? 39:31 - Managing a Portfolio for Maximum Tax Efficiency; Dealing with Taxes on Bonds 46:58 - Investor Optimism & Beating the Market - Investors Keep Less than the Funds They Own (chart) ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's "Before the Bell" report, "What the S&P 500 Is Hiding," https://youtu.be/_m7uSDmtseI ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/rw1VkcLx91U -------- Watch our previous show, "Can the S&P 500 Really Reach 9,000?" https://youtube.com/live/6XwMMbygt6k ------- Articles Mentioned in Today's Show: "Jefferies Sets 9000 Market Target: Everything Must Go Right" https://realinvestmentadvice.com/resources/blog/jefferies-sets-9000-target-for-market-everything-must-go-right/ "Investor Optimism Wins As An Investment Strategy" https://realinvestmentadvice.com/resources/blog/investor-optimism-wins-as-an-investment-strategy/ "McDonald’s At Four-Year Lows Isn’t As Worrisome As Some Fear" https://realinvestmentadvice.com/resources/blog/mcdonalds-at-four-year-lows-isnt-as-worrisome-as-some-fear/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #SP500 #StockMarket #MarketOutlook #Investing #Nvidia #FinancialPlanning #RetirementPlanning #Bonds #MYGA #PeanutButter

Can the S&P 500 really reach 9,000? Jefferies has set a 9,000 target for the index by the end of 2027, but getting there may require nearly everything to go right. Lance Roberts examines the assumptions behind that forecast, including earnings growth, historically high profit margins, AI-driven capital spending, market valuations, and interest rates. With earnings estimates moving higher instead of following their typical pattern of downward revisions, Wall Street’s outlook has become increasingly optimistic. But what happens if earnings growth slows, margins begin to mean-revert, AI spending fails to generate the expected returns, or Treasury yields remain elevated? We look beyond the headline target to examine the math, the risks, and what investors should consider when market expectations leave little room for disappointment. 0:00 - INTRO 0:53 - End of Quarter Prep 2:00 - October tends to be strong in mid-term election years 4:05 - If you're starting to feel bearish...Markets are sitting near all-time highs 9:41 - Baylor Fathers' Weekend, Hope for the Future, and Coffee Coming... 16:50 - Iran Conflict continues; oil prices remain elevated 18:26 - Economic numbers continue strong (charts) despite higher interest rates 23:01 - Michigan Consumer Sentiment Index (chart) 24:37 - We're not Recessionary yet - Disinflationary action is coming 26:40 - When does consumer cushion run out? 27:53 - Positive effects of Cap-ex spending 29:30 - Effects of Cap spending (Why not everyone wants a WalMart...) 32:57 - Can the S&P Really Reach 9,000? 35:57 - Estimates Usually Fall 37:09 - Earnings are Breaking Above 90-year Ceiling, and rising... 38:17 - The Earnings Path has a Hole in it 39:25 - Not one Fed Official Sees a Downside to Growth 42:32 - What Has to Happen Next ==== Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's "Before the Bell" report, "Is a Major Market Rotation Coming?" https://youtu.be/O4vmRc0LypA ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/6XwMMbygt6k -------- Watch our previous show, "Will the Next Trade Be Bonds?" https://youtube.com/live/TeDizY1oNmY?feature=share ------- Articles Mentioned in Today's Show: "Jefferies Sets 9000 Market Target: Everything Must Go Right" https://realinvestmentadvice.com/resources/blog/jefferies-sets-9000-target-for-market-everything-must-go-right/ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketRotation #TechnologyStocks #StockMarket #SectorRotation #Investing #SP500 #Investing #MarketOutlook #SP9000

With interest rates, inflation, oil prices, Treasury yields, and stock market valuations all competing for investors’ attention, what should you be watching now? As the S&P 500 approaches record territory, can markets sustain a breakout, or are new risks beginning to emerge? Lance Roberts and Danny Ratliff answer your questions from the YouTube live chat, and break down the economic, investing, and consumer stories shaping markets this week. We’ll discuss what the latest economic and market signals could mean for stocks, bonds, portfolio positioning, retirement planning, and consumers, while separating short-term headlines from longer-term financial considerations. 0:00 - INTRO 1:02 - S&P Global Manufacturing Index showing rising costs 3:17 - Market is doing what September Markets do 7:29 - The Dollar is on a tear 9:27 - Coffee & Semi-Conductors 13:39 - S&P Global Manufacturing Index - Market over-reaction to nothing new 16:28 - Capitulation Event for Yields 17:50 - 5-Year Bond Auction - Failed or Poor? 24:01 - Why We Bought 5-year Treasuries 26:01 - The TINA Trade vs the TIGA Trade 32:43 - How We Build Bond Portfolios - ETF's vs Individual Bonds 35:42 - If Bonds Get Crushed 37:20 - Rooting for Gloom & Doom 40:00 - The Great Bond Massacre of 1068 40:57 - Fear in the Bond Market is Starting to Spread Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's "Before the Bell" report, "Why Your Portfolio May Be Lagging the S&P 500," https://youtu.be/H7TLBSsGh3M ------- Watch Today's Full Video on our YouTube Channel: -------- Watch our previous show, "Q&A Wednesday: Rates, Risks, & Record Highs" https://youtube.com/live/TeDizY1oNmY?feature=share ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #SP500 #SmallCaps #InterestRates #Investing #Bonds #BondMarket

With interest rates, inflation, oil prices, Treasury yields, and stock market valuations all competing for investors’ attention, what should you be watching now? As the S&P 500 approaches record territory, can markets sustain a breakout, or are new risks beginning to emerge? Lance Roberts and Danny Ratliff answer your questions from the YouTube live chat, and break down the economic, investing, and consumer stories shaping markets this week. We’ll discuss what the latest economic and market signals could mean for stocks, bonds, portfolio positioning, retirement planning, and consumers, while separating short-term headlines from longer-term financial considerations. 0:00 - INTRO 1:08 - Trump - Xi Summit - Much ado about nothing 2:17 - Possible Export Ban on Diesel Exports? 3:35 - Earnings Growth Estimates are Very Large - That's a Risk 5:34 - Markets Hold Up Above Moving Averages 5:56 - Factor Rotation Model performance - VTV Value Index Under Pressure - MGK - Large Cap Growth Stocks proxy 9:48 - Fed Rate Hike Coordinated for Yen Carry Trade? (No, a martket-driven rate hike) 12:28 - Gold Correlation with Real Interest Rates 12:40 - Why Rotate into Financials? (Factor Rotation Model) 13:52 - How do Earnings Grow When the Middle Class is Getting Squeezed? (K-Shaped Economy) 16:58 - Stock Analysis: AMD (NOT a recommendation) 20:10 - Income Producing ETF's in Preparation for Retirement (JPQ) (NOT a Recommendation) 22:09 - Money Moving Out of Stocks into Fixed Income? (charts) 24:49- Tracking Forward Earnings Estimates Revisions 26:05 - Dealing with Gloom-and-Doom Narratives 30:07 - Series: Investing for the Long Term (link is below) 31:54 - Cryptocurrency-A (Tether) Holding US Treasuries; StableCoin, Solana 35:17 - How much Higher Will Rates Run this Year? 35:40 - M2 Correlation with Inflation? (All money is lent into existence) 37:18 - RSP vs SPY and Sector Rotation 38:22 - Late Year Market Dip Yet? 39:11 - Lance is rich and out of touch?? (There will always be the poor among us...) 44:16 - Where did this inflation come from? (We don't want deflation) 46:50 - How We're (really) Doing Financially (chart) 50:14 - What Danny Wears as Market Indicator Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's "Before the Bell" report, "Is Money Rotating From Growth to Value?," https://youtu.be/46Y-k5LfWxA ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/TeDizY1oNmY?feature=share -------- Watch our previous show, "Can Your Kids Afford to Invest Without You?" https://youtube.com/live/ewgHX5U7dEg ------- Articles Mentioned in Today's Show:" "Portfolio Risk Management: Winning The Long Game (Chapter 5)" https://realinvestmentadvice.com/resources/blog/portfolio-risk-management-winning-the-long-game-chapter-5/ "K-Shaped Economy: Reality Or Media-Driven Perception" https://realinvestmentadvice.com/resources/blog/k-shaped-economy-reality-or-media-driven-perception/ --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #Investing #GrowthStocks #ValueStocks #MarketRotation #InterestRates #FederalReserve #Investing #RetirementPlanning

Can younger investors really afford to invest on their own? For many, financial help from their parents may be making the difference. Lance Roberts and Jonathan Penn discuss the growing financial support parents provide adult children and what it can mean for both generations. Helping with housing, bills, and everyday expenses may give younger adults more room to save and invest, but what does that assistance mean for Mom and Dad's own retirement plans? Plus, we examine the latest economic and Treasury-market discussion, what interest rates and government borrowing could mean for investors, and how artificial intelligence may be changing retirement planning beyond the stock market. It's a conversation about investing, family finances, retirement planning, and the financial trade-offs that can occur when one generation helps support another. 0:00 - INTRO 0:57 - Economic Activity is rising (different from GDP) 2:54 - Oil Price Drop 3:24 - Expectations for a Soft Landing (Bob Farrell Rule #9) 4:28 - Markets' Breakout towards all time high 5:53 - NASDAQ breaks out to all-time high 7:03 - Financials Under Pressure, Sitting on Support 7:40 - Basic Materials & Cap-ex spending--still under pressure 10:04 - The Bank of Mom & Dad 11:31 - The K Economy (Chart) 13:38 - Helping Lance's Son Learn Investing Lessons 16:21 - Chicago Fed Survey - My Life is Fine, the Country is Doomed 19:25 - Gen-z is Gambling 23:19 - When Mom & Dad help children invest 25:45 - When Parents Don't Do Kids any Favor by Helping - Responsible Gifting 28:18 - It's Always Something Around the House... 31:00 - Three Economic Outcomes 35:22 - ...as soon as the market rallies... 37:25 - Optimism as an Investing Strategy 39:23 - There's never a perfect time... 44:46 - How You Know You're Not in a Bubble Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's "Before the Bell" report, "S&P 500 Eyes New Highs," https://youtu.be/O5eqwiEF0dY ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/ewgHX5U7dEg -------- Watch our previous show, "What Happens When Earnings Estimates Fall Short?" https://youtu.be/PBwgI2MdnFM ------- Articles Mentioned in Today's Show: "K-Shaped Economy: Reality Or Media-Driven Perception" https://realinvestmentadvice.com/resources/blog/k-shaped-economy-reality-or-media-driven-perception/ --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #SP500 #StockMarket #MarketOutlook #TechnologyStocks #Investing #RetirementPlanning #PersonalFinance #FinancialPlanning #YoungInvestors #K_ShapedEconomy

Earnings expectations can drive stock prices higher, but what happens when corporate profits fail to meet those expectations? Lance Roberts examines earnings mean reversion, why Wall Street estimates can become overly optimistic, and what falling short of projected earnings could mean for stock valuations and market returns; what is the relationship between earnings growth and economic growth, how expectations become embedded in stock prices, and why elevated valuations can make earnings disappointments more consequential. Importantly, what should investors watch as earnings estimates change, and how can portfolio risk be managed when expectations and fundamentals begin to diverge? 0:00 - INTRO 0:59 - Rebalancing Coming; The History of Pensions (now over-funded) 3:51 - Friday's Options Expiry: Volatile Markets 4:37 - Markets Continue to do what they've been doing - Nothing 7:24 - Be Cautious with Allocations 8:03 - Volatility Remains Compressed 10:29 - Website & Radio History 13:50 - Goldman Earnings Estimates - What it doesn't show 17:28 - Why Most Narratives Never Matter - Earnings Don't Always Go Up 21:02 - (Chart) S&P Earnings vs Long Term Trend 22:55 - (Chart) S&P 500 Profit Margins Have Re-Based Higher 23:57 - The Apple iPhone Example 27:40 - The Earnings Boom Runs on One Budget (chart) 29:35 - (Chart) The Consensus Already Forecasts a 2027 Cliff 30:55 - A Narrative Worth Paying Attention to: What if spending tapers off? 32:45 - K-Shaped Economy tease 34:07 - Fed Rate Hike Recap - Where the Fed Rate Hike Reaches... 38:52 - The Fed's Dot Plot Signal 41:51 - Expectations vs Reality & Fed Irony (chart) 42:48 - Who Performs Best When Fed Rates Rise (chart) 43:37 - Portfolio Action Plan Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's "Before the Bell" report, "Market Pressure Is Building," https://youtu.be/PBwgI2MdnFM ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/ewgHX5U7dEg -------- Watch our previous show, "Will Your Money Last as Long as You Do?" https://youtube.com/live/360YB_NdPwA ------- Articles Mentioned in Today's Show: "Earnings Mean Reversion: When Estimates Snap Back" https://realinvestmentadvice.com/resources/blog/earnings-mean-reversion-when-estimates-snap-back-2/ "The Fed Rate Hike Won’t Fix The Inflation It Targets" https://realinvestmentadvice.com/resources/blog/the-fed-rate-hike-wont-fix-the-inflation-it-targets/ "K-Shaped Economy: Reality Or Media-Driven Perception" https://realinvestmentadvice.com/resources/blog/k-shaped-economy-reality-or-media-driven-perception/ --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #Investing #MarketOutlook #SP500 #OilPrice #Earnings #MarketValuations #PortfolioManagement #FederalReserve

Living longer changes almost every assumption behind traditional retirement planning. As more Americans reach retirement age and potentially spend decades in retirement, planning must extend well beyond simply building a large enough portfolio. Richard Rosso and Jonathan "Smarty" McCarty examine the financial realities of longevity, including the fear of running out of money, identifying reliable retirement income sources, withdrawal and tax strategies, long-term care and hybrid insurance policies, estate planning, charitable giving, inheritances, housing decisions, and determining which risks you can absorb versus those you should mitigate. Plus, they discuss the lack of credentials among some financial influencers, alternative ways to measure inflation and healthcare costs, the state of workplace financial and retirement-planning benefits, and the provocative question of whether advances in artificial intelligence represent another major societal turning point. Living to 100 may sound like a blessing, but financially preparing for it requires a very different retirement plan. 0:00 - INTRO 0:20 - Finfluencers (financial influencers) Lack Credentials 6:52- Tracking Inflation w Multiple Metrics - Healthcare Cost Index 9:20 - State of the Workplace - Financial Benefits & Retirement Planning Assistance 11:03 - AI is self-aware: The Fifth Turning 13:23 - Planning for Longevity 16:05 - Estate Planning in Longevity Planning 18:13 - The Silver Tsunami - American's Turning 65 & Living Longer 21:13 - American's Working Longer - Longevity Coaching deficit 23:18 - The Longevity Checklist - Living to 100 25:31 - The Fear of Running Out of Money - Know the Reliability of Income Sources 28:23 - Withdrawal Strategies and Taxes in Old Age - Gifting and Charitable Intent 29:46 - Home Renovation Planning 32:04 - Longterm Care Insurance - Hybrid policies 33:13 - Living Will Directives & Inheritances 36:06 - Rockefeller's Donor Farm 37:45 - Understanding Risks to Absorb vs Risks to Mitigate Hosted by RIA Advisors' Director of Financial Planning, Richard Rosso, CFP, w Senior Investment Advisor, Jonathan McCarty, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/360YB_NdPwA -------- Watch our previous show, "What the Fed Said" https://youtube.com/live/ZB0_e_Oi86w?feature=share ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next in-person Retirement Income Workshop, tomorrow, September 19, 2026: https://tracking.realinvestmentadvice.com/l/1052953/2026-06-17/2kkcz --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #RetirementPlanning #LongevityPlanning #RetirementIncome #EstatePlanning #FinancialPlanning

The Federal Reserve raised interest rates for the first time in three years, but for investors, the bigger question is what comes next. Lance Roberts and Michael Lebowitz break down what the Fed said, what Chairman Kevin Warsh signaled about inflation and future monetary policy, and why the Fed's updated rate projections matter for markets. With most policymakers anticipating another rate increase this year, is this the beginning of a new tightening cycle, or could the Fed be closer to "one and done"? What could higher rates mean for stocks, bonds, economic growth, and portfolio strategy as investors look toward the Fed's remaining meetings in 2026? 0:00 INTRO 1:12 - Retail Sales Better than Expected 3:20 - Market Reaction to Rate Hike, Dot Plots, & Commentary 5:14 - Room for a Rally? Odds vs History 10:40 - Mrs. Roberts' Hamburger Date 13:37 - Fed Hikes Rates: Policy Mistake? 17:02 - No Rate Cuts Next Year? 19:50 - Why Would the Fed Raise Rates? (Looking at PCE) 24:02 - It's All About the Bond Market 24:44 - Kevin Warsh' non-Forward Guidance & Dot Plots 27:16 - What Problems Will Rate Hike Cause? 30:08 - This is screwy 31:06 - The Neutral Rate is Already Restrictive 32:27 - Has the Bond Market Already Done the Fed's Job? (article) 35:44 - When the Fed Fights Inflation, it Makes Your Life Worse 37:18 - Is This a Start of a New Rate Cycle, or Continuation of Past Rates? 38:46 - This is an Oil Problem 39:26 - Fed Funds Rate History (chart) 42:17 - Give it a few days... Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch today's Before the Bell report, "What Fed Rate Hikes Mean for Stocks," https://youtu.be/x3R2_RXa6ew ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/ZB0_e_Oi86w -------- Watch our previous show, "Q&A Wednesday: What Will The Fed Do?" https://youtube.com/live/a_oJzPPbdLQ ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next in-person Retirement Income Workshop, "Saturday, September 19, 2026: https://tracking.realinvestmentadvice.com/l/1052953/2026-06-17/2kkcz --- Articles Mentioned in Today's Show: "Has The Bond Market Already Done The Fed’s Job?" https://realinvestmentadvice.com/resources/blog/has-the-bond-market-already-done-the-feds-job/ --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #FederalReserve #StockMarket #InterestRates #SP500 #Investing #FedRateHike

It’s Fed Day, and markets are waiting for answers. It's also Q&A Wednesday, and Lance Roberts takes your questions from our YouTube Live Chat window. He'll break down the biggest economic, investing, and market developments of the past week, including the Federal Reserve’s September FOMC meeting, interest rates, inflation, rising Treasury yields, oil prices, AI spending concerns, and the recent pressure on stocks. 0:00 INTRO 0:55 - Fed Day: Will They or Won't They? 3:11 - Market Breaks Below 50-DMA 4:12 - Reflexive Rally not surprising, post-Fed 4:30 - Oil Prices Putting Pressure on Economy 9:02 - What's the Expected Market Reaction for FOMC Rate Decision? 12:54 - Are there clear tech support levels for S&P? 15:57 - Does it make sense to owns TIPS in an IRA in a state with high income tax? 16:47 - Lance's Roth Thesis 19:14 - Inflation feeds into everything; isn't it tame for now? (What the Fed SHOULD do) 22:37 - Credit Card Spending and After Tax Wage Growth 25:31 - Do Markets Compound? (no) 30:03 - Gold Behavior and Rate Hikes 31:53 - Too Bad Warsh Didn't Introduce Truflation (link to Oliver Rust interview is below) 32:49 - 90% Equities, 10% Cash: Time to Buy Bonds? 34:07 - Nick Timaros Chart--pricing in two rate hikes this year? 34:39 - Selling Equities to Lock in Bonds? 38:08 (Gamblers Anonymous Thursdays w Michael Lebowitz) 39:52 - Raise Rate and Lower Credit Card Rates? (Doesn't work that way) 40:15 - Do we only have a few years left to make money? (yes) (chart) 44:34 - Will Payment of Interest on National Debt be an Issue? (no) 46:19 - Where might the top of the Ten Year Treasury be? 47:54 - Why can't you cap credit card rates lower? Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch today's Before the Bell report, "Markets Break the 50-DMA: What Happens Next?" https://youtu.be/GNBpgdhBG9U ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/a_oJzPPbdLQ -------- Watch our previous show, "10 Money Moves to Make Before Year End" https://youtube.com/live/cSHoYh0sR70 ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next in-person Retirement Income Workshop, "Saturday, September 19, 2026: https://tracking.realinvestmentadvice.com/l/1052953/2026-06-17/2kkcz --- Articles Mentioned in Today's Show: "Investing Myths Dismantled (Chapter 4 of 5)" https://realinvestmentadvice.com/resources/blog/investing-myths-dismantled-chapter-4-of-5/ "Is Inflation Data Getting it Wrong? (Oliver Rust Interview) https://www.youtube.com/live/603EdhToXq8?si=lSvziR7PKnwWx1Fp --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #AIStocks #MarketOutlook #Investing #TechnologyStocks #FinancialPlanning #RetirementPlanning #TaxPlanning #RothConversion #YearEndPlanning

The end of the year will be here before you know it. What financial moves should you make now instead of waiting until December? Lance Roberts and Jon Penn look at 10 important year-end financial planning decisions to consider before December 31, including tax planning, Roth conversions, required minimum distributions (RMDs), qualified charitable distributions (QCDs), retirement plan contributions, and charitable giving. 0:00 INTRO 1:02 - The Challenge in the Markets 2:22 - Will Warsh Hike Rates...or not? 3:19 - Markets Struggle through Narrow Trading Range 4:31 - If the Markets Stay Flat...? 8:47 - Preparing for Q4 (Halloween & Christmas) 12:32 - Gold, Silver, & Precious Metals as Inflation Hedge? (Why to earn certain assets) 14:24 - Figuring out the equity allocation puzzle 19:26 - ...when we're 64. 20:45 - 20% is not enough for equity exposure 23:33 - Diversity Assets AND Account Types 25:20 - Turn off the noise; the problem with being pessimistic 27:31 - Know What You Own 29:40 - What to Focus on Between Now & EOY 30:55 - How to Prepare for Santa Cause Rally (Tax-loss Harvesting) 32:21 - Wash Rules & ETF's 33:58 - Charitable Contributions & Donor Advised Funds 35:16 - Does Roth Conversion Make Sense Now? 36:00 - How to Handle Required Minimum Distributions this year 36:40 - Qualitied Charitable Distributions 39:30 - Maxing Out Contributions to IRA's (Get the free money) 42:54 - Portfolio Allocation, Risk Tolerances, & Large Expenditures: Cash on hand? 46:07 - Reviewing Beneficiary Designations Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch today's Before the Bell report, "Is AI Spending Really Slowing?" https://youtu.be/sSQVKetdR2g ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/cSHoYh0sR70 -------- Watch our previous show, "Is This Time Different for Stocks?" https://youtube.com/live/GNSmdq5nH2o ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next in-person Retirement Income Workshop, "Saturday, September 19, 2026: https://tracking.realinvestmentadvice.com/l/1052953/2026-06-17/2kkcz --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #AIStocks #MarketOutlook #Investing #TechnologyStocks #FinancialPlanning #RetirementPlanning #TaxPlanning #RothConversion #YearEndPlanning

Stock prices and corporate earnings are breaking trends that have held for roughly 90 years. Does artificial intelligence represent a fundamental change in the economy and markets, or are investors once again being tempted by the four most dangerous words in investing: “this time is different”? Lance Roberts examines whether AI has truly changed the earnings equation, what today's valuations suggest about future returns, and why investors don't necessarily have to choose between being bullish and bearish. 0:00 INTRO 1:01 - FOMC Week; AI: To Pause or Not to Pause? 4:35 - Markets Still Stuck 9:47 - A look at Bond Flow Dynamics 13:49 - Why is Everyone Buying Longer Term Bonds? 14:31 - The TINA Trade 17:50 - The Primary Function of Bonds in a Portfolio: Safety 24:02 - Investment Psychology: Narrative and Greed 27:24 - The Gap Between Estimates and Reality 28:18 - The Truth About Compounding 31:29 - The Permanent Impairment of Capital 33:42 - Currency Debasement & Inflation 35:22 - How to Offset Risk of Inflation: Bonds vs Equities 37:25 - A portfolio is an Engine 38:41 - A Crisis Without a Calendar 41:36 - We're at the Tail End of a Secular Bull Market 43:54 - Investing in Lead & Beans 44:50 - Why We Prefer Optimism Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch today's Before the Bell report, "Don’t Overreact to Today’s Tech Selloff," https://youtu.be/mE2qTZl5Pf8 ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/GNSmdq5nH2o -------- Watch our previous show, "Can the FIRE Movement Really Work?" https://www.youtube.com/live/HummvRArByg?si=EZBAImkZqNESj9uh ------- Articles mentioned in this report: "Weak Buyback & Strong Auctions: Bullish Signals For Bonds" https://realinvestmentadvice.com/resources/blog/weak-buyback-strong-auctions-bullish-signals-for-bonds/ "This Time Is Different? Earnings and Price Break 90-Year Trends" https://realinvestmentadvice.com/resources/blog/is-this-time-different-earnings-and-price-break-90-year-trends/ "Portfolio Risk Management: Winning The Long Game (Chapter 5) https://realinvestmentadvice.com/resources/blog/portfolio-risk-management-winning-the-long-game-chapter-5/ "US Debt Trap: A Crisis Without A Calendar" https://realinvestmentadvice.com/resources/blog/us-debt-trap-a-crisis-without-a-calendar/ --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next in-person Retirement Income Workshop, "Saturday, September 19, 2026: https://tracking.realinvestmentadvice.com/l/1052953/2026-06-17/2kkcz --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #Nasdaq #ArtificialIntelligence #FederalReserve #Investing

The Financial Independence, Retire Early movement promises something many people want: save aggressively, live below your means, build wealth, and gain the freedom to leave work early. But does the FIRE movement really work when retirement could last 40, 50, or even 60 years? Richard Rosso & Jonathan McCarty examine the different approaches to FIRE, including Fat FIRE, Lean FIRE, Barista FIRE, and Coast FIRE, and discuss where retirement calculations can go wrong. We also look at why stocks should not simply be treated as predictable compounding assets, the risks of quitting your job too soon, inflation and the “pink tax,” Trump Accounts for children, and why financial independence remains such an attractive goal. Plus, what the arrival of humanoid robots could mean for work and retirement planning, why financial gimmicks deserve skepticism, and why a sound retirement plan should prepare for the worst while hoping for the best. The program also marks the 25th anniversary of September 11, 2001, with a remembrance of “The Falling Man” and those whose lives were forever changed that day. 0:00 INTRO 0:19 - Preview: Getting People to Save More & the F.I.R.E. Movement 1:34 - 25th Anniversary of 9/11 - The Falling Man 9:05 - Financial Independence Retire Early movement 12:01 - Fat FIRE, Lean FIRE, Barrista FIRE 13:59 - Stocks Are Not Compounding Assets 16:38 - Coast FIRE (Walletburst.com): Why the Calculations Don't Work 19:23 - How to Blow up Your Retirement Plan (Don't Quit Your Job) 30:56 - Humanoid Robot Attack (KTLA) 32:44 - Why the FIRE Movement is Attractive 34:00 - Where's the Risk? 35:42 - Where Are They Now? 37:13 - The Appeal of Financial Independence 39:40 - The Coming of the Robots 41:21 - Beware the Gimmicks 42:16 - Plan for the Worst, Hope for the Best 44:46 - Here Comes Baby McCarty #2 47:53 - Big Life Events vs FIRE 49:25 - The Pink Tax is a Thing Hosted by RIA Advisors' Director of Financial Planning, Richard Rosso, CFP, w Senior Investment Advisor, Jonathan "Smarty" McCarty, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://www.youtube.com/live/HummvRArByg?si=EZBAImkZqNESj9uh -------- Watch our previous show, "What Will Inflation Data Do for the Fed?" https://youtube.com/live/y1GoUw9wURw?feature=share ------- Articles mentioned in this report: "How to Achieve Financial Independence and Retire Early (FIRE)" https://realinvestmentadvice.com/resources/blog/fire-retirement-strategy/ --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next in-person Retirement Income Workshop, "Saturday, September 19, 2026: https://tracking.realinvestmentadvice.com/l/1052953/2026-06-17/2kkcz --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #FIREMovement #FinancialIndependence #RetireEarly #RetirementPlanning #PersonalFinance