In episode 19 of Building Wealthy Habits we are joined by Jason Thomas, Ph.D., CFA from Capital Markets Research & Strategy where they discuss the intersection of technology and investing, highlighting trends such as increased accessibility and automated investing platforms. Jason challenges common investing misconceptions, arguing that sophisticated tools like short selling and options trading can be used professionally to manage risk and increase purchasing power. The conversation emphasizes the benefits of direct indexing, including tax advantages and customization, and encourages investors to consider these tools for their portfolios.
Reach out at contact@tricordadvisors.com
This week on Building Wealthy Habits:
0:00:00 - Welcoming investing expert Jason Thomas, Ph.D., CFA.
0:00:28 - Invention of the corporation and public market revolutionized investing and wealth growth.
0:02:50 - Investing in public markets, benefits of index funds, and the wisdom of the crowd.
0:05:28 - The crowd is not always right, but it is always wise, as it embeds information and wisdom in prices over time.
0:07:08 - Investors should consider their unique goals, not just the crowd's wisdom.
0:10:53 - Investing trends during and after the pandemic, including direct indexing and values-based portfolios.
0:14:35 - Concerns about over-reliance on broad market indices and lack of personalized investment strategies.
0:18:34 - The importance of ESG (environmental, social, and governance) factors in investing, making it feel less abstract and more personal.
0:24:13 - Lower taxes with individual securities, tax loss harvesting, and cost-effective trading.
0:25:42 - Jason encourages listeners to understand the potential benefits of sophisticated tools in professional hands, and to be open to their use in portfolio management.
Connect with Jason:
LinkedIn: https://www.linkedin.com/in/jason-thomas-phd/
Email: jason.thomas@capmktrs.com
Connect with Laura:
LinkedIn: https://www.linkedin.com/in/laura-lee-59a83610/
Email: Laura@tricordadvisors.com
Connect with Randy:
LinkedIn: https://www.linkedin.com/in/rkbarkley/
Email: Randy@tricordadvvisors.com
