Shows
Signal or Noise?8 Cognitive Biases and How to Overcome ThemGaining an awareness of cognitive biases is just the first step. Overcoming these biases is the real challenge — don’t let them negatively impact your investment success! Join Peter Mallouk and Charlie Bilello as they explore these biases as well as their impact, why investors often fall prey to them and practical solutions for overcoming them. Additionally, learn about the latest changes in 401k savings that could affect your financial planning.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO...2024-07-1243 minSignal or Noise?7 Lessons From Jack BogleWould you keep a 401k payout if you weren’t the intended beneficiary? Peter and Charlie share the story of a seven-figure signature and the lesson we can all learn from it in this episode of Signal or Noise. They also discuss seven key insights from the pioneer of index fund investing, "Saint" Jack Bogle, and provide data to help you navigate your investments during an election year.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk br...2024-06-1440 minSignal or Noise?An Economic Reality CheckA new survey shows many Americans aren’t feeling positive about the economy, the stock market or employment — but the data tells a different story. Join Peter and Charlie as they discuss why perception and reality aren't matching up. They also explore some recently proposed tax incentives for home buyers and the implications such policies would have on the housing market. Plus, get insights into the resurgence of meme stocks and more in this episode of Signal or Noise.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Plan...2024-06-0338 minSignal or Noise?10 Lessons From Warren BuffettWarren Buffett earned an estimated $10 billion dollars from investments he made during the global financial crisis in 2008. How did he achieve such remarkable success? Join Peter and Charlie in episode 26 of Signal or Noise as they uncover ten insightful lessons investors can learn from the "Oracle of Omaha." They also explore why negativity often fuels online media consumption and whether "Dr. Copper" reaching an all-time high is a signal or just noise.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and...2024-05-2052 minSignal or Noise?Not All Risk Is RewardedWith the Federal Reserve signaling a prolonged period of higher interest rates, Peter and Charlie assess the potential ramifications for investors on this episode of Signal or Noise. They also discuss the growing national debt and its impact on taxation policies, delve into the risks associated with long-duration bonds and analyze the unprecedented correlation between stocks and bonds.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy an...2024-05-0423 minSignal or Noise?Facing Your Biggest Retirement FearsThe amount of money Americans believe they need for retirement has markedly increased in recent years. Peter and Charlie delve into historical data from the Great Depression to the dot-com bubble, demonstrating that a diversified portfolio can withstand even the most difficult periods of market turbulence. They also explore America's fascination with the lottery, drawing parallels between gambling and risky investments, and share their insights on the recent stock market pullback.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & C...2024-04-2628 minSignal or Noise?Everything Is AwesomeIn a soaring market, are we truly in a stock picker’s paradise? Join Peter and Charlie as they discuss the series of all-time market highs we witnessed in quarter one, examining pivotal insights from Tesla’s and Apple’s performance data. They also delve into the Federal Reserve’s potential rate cuts and the looming shadow of national debt. Plus, don’t miss Charlie’s vision to simplify tax returns on episode 23 of Signal or Noise.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strat...2024-04-0546 min
The Long ViewPeter Mallouk: The Financial Advice Industry Is ‘Still Very Messy’Our guest on the podcast today is Peter Mallouk. Peter is the President and CEO of Creative Planning, an independent registered investment advisor with roughly $300 billion in combined assets under management and advisement. Peter has also written or co-written several books, including The 5 Mistakes Every Investor Makes and How to Avoid Them, The Path: Accelerating Your Journey to Financial Freedom with Tony Robbins, and his latest, Money, Simplified. Peter graduated from the University of Kansas with four majors, including degrees in business administration and economics. He went on to earn a law degree and a Master of Business Administration...2024-03-2651 minSignal or Noise?5 Millionaire MythsYou may be surprised to learn that most millionaires come from families with average or below-average income and built their wealth independently. On episode 22 of Signal or Noise, Peter and Charlie discuss five common misconceptions about millionaires that may be keeping you from building wealth. They also share helpful tax tips, provide insights around retirement withdrawals and delve into the National Association of Realtors’ recent settlement. Lastly, they provide perspective on the current unemployment rate and what it may mean for the economy in 2024.Which financial headlines are signals of something bigger, and which are just noise yo...2024-03-2347 minSignal or Noise?Lessons From Japan's Lost DecadesJoin Peter and Charlie on Episode 21 of Signal or Noise as they delve into the contentious issue of minimum wage — they may not see eye to eye, but they both agree a $50 per hour minimum wage isn’t the answer. They also discuss lessons investors can take away from Japan’s first all-time market high since 1989 and have a candid discussion around the great retirement wave. Lastly, Peter and Charlie explore record market concentration and consider whether this is a signal or merely a sign of the continued dominance of large caps over small caps.Which financial headli...2024-03-0135 minSignal or Noise?When Does a Bubble Become a Bubble?Did you tune in for football, commercials or Taylor Swift this past weekend? Peter and Charlie discuss some interesting financial stats surrounding this year’s big game on episode 20 of Signal or Noise. They also share insights on equity return trends as well as opinions on the outlook for Nvidia and the S&P 500’s positive streak. Lastly, they provide some perspective on purposeful positivity and productivity.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down...2024-02-1630 minSignal or Noise?Money, SimplifiedInvesting seems complicated, but it doesn’t have to be. In this episode, Peter and Charlie break down some of the most important financial concepts from Peter's latest book, "Money, Simplified." These include the fear of new all-time highs, the benefits of passive portfolio engagement and indexing, and the negative impact of confirmation bias. Lastly, they examine three lessons investors can learn from the latest bear market.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break do...2024-02-0647 minSignal or Noise?The Hidden Opportunity Cost of CashWhile Costco is selling out of gold bars due to persistent fears of an economic apocalypse, Peter and Charlie help listeners understand why gold is unlikely to be the best long-term investment strategy. They also discuss the hidden opportunity cost of cash and debate whether the Federal Reserve should start cutting interest rates in March. Lastly, they examine the intriguing link between government corruption and stock market performance, with a focus on China’s market dynamics.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market St...2024-01-2237 minSignal or Noise?4 Investing Resolutions for LifeWhile many would like to predict what the markets will do in 2024, it’s just not possible. Peter and Charlie suggest ditching predictions and offer four focused resolutions for investors to consider not just in 2024 but for life. They also discuss the importance of building habits in making personal resolutions for the new year and highlight two of their favorite books lately. Lastly, they touch on the growing national debt and explore whether there’s any meaningful signal in the huge market returns observed in November and December.Which financial headlines are signals of something bigger, and whic...2024-01-0548 minSignal or Noise?10 Lessons From Charlie MungerThroughout his long life, Charlie Munger gave us invaluable insights and principles that will stand the test of time. Join Peter and Charlie as they explore their top 10 lessons learned from Munger, offering a guide on how to leverage his wisdom to elevate your own success. From unraveling the first rule of compounding to appreciating the pivotal role of luck, don’t miss out on these pearls of wisdom. Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO...2023-12-1539 minSignal or Noise?Expect the UnexpectedThe past year in the markets can be boiled down to one phrase: expect the unexpected. Throughout 2023, unforeseen events have unfolded, and Peter and Charlie guide us through the pivotal ones while illustrating the folly of forecasting. Additionally, they discuss Charlie Munger's "secrets to a happy life" and how income and wealth can influence levels of happiness. Lastly, they decipher whether there's any signal in the low consumer sentiment and small-cap underperformance we've seen lately. Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief M...2023-12-0130 minSignal or Noise?There Will Be DrawdownsIn today's financial landscape, investors often find themselves grappling with numerous uncertainties. Are drawdowns a cause for concern? Is the traditional 60/40 portfolio still viable? And what's the smarter choice between homeownership and renting? Join Peter and Charlie as they provide insights and data to address these pressing questions. Additionally, discover Peter's most recommended book of all time, sharing wisdom that transcends the world of finance. Click on the link to hear Peter’s interview on the Tim Ferriss podcast: https://podcasts.apple.com/sk/podcast/356-peter-mallouk-exploring-the-worlds-of/id863897795?i=1000427869097 What does it take...2023-11-0930 minSignal or Noise?What’s Your Personal Inflation Rate?It goes without saying that our emotions (such as fear and greed) often get the better of us. But how do they lead investors to underperform the very funds in which they’re invested? Peter and Charlie explain this concept and much more, including our exploding national debt, the case for indexing, and why the next decade is likely to look different than the last one. Plus, is IPO activity a signal or just noise?Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Ch...2023-10-2638 minSignal or Noise?Should You Just Buy T-Bills and Chill?It goes without saying that our emotions (such as fear and greed) often get the better of us. But how do they lead investors to underperform the very funds in which they’re invested? Peter and Charlie explain this concept and much more, including our exploding national debt, the case for indexing, and why the next decade is likely to look different than the last one. Plus, is IPO activity a signal or just noise?Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Ch...2023-10-1334 minSignal or Noise?The Long and Winding Road to Investing Success (LIVE From Kansas City!)What does it take to become a successful long-term investor? Peter and Charlie have the answers in this week’s episode. They discuss why cash is a lousy investment, the importance of proper diversification, how to leave fear and uncertainty in the past and much, much more. Don’t miss this special episode recorded in front of a live audience of Creative Planning clients!Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happen...2023-09-2735 minSignal or Noise?What You Can Control as an InvestorVarious studies have shown that people make optimal financial decisions in their early 50s. Charlie and Peter discuss why that might be and why financial education earlier in life is more critical than ever. Plus, why long-term investors should ignore market calls from people like Michael Burry (of “The Big Short” fame) and a cautionary tale about investing in meme stocks. Finally, chatter is picking up about the 2024 presidential election. Does it matter which party is in power when it comes to your portfolio?Which financial headlines are signals of something bigger, and which are just noise you...2023-08-3130 minSignal or Noise?10 Steps to Make Your First MillionBecoming a millionaire may take less work than you think — especially if you’re an investor with a long time horizon. Learn how to reach the million-dollar milestone with Peter and Charlie’s 10 simple steps. Plus, the tradeoffs of taking Social Security too early, why people do it and how you should think about your claiming strategy. And finally, the equity risk premium is the lowest it’s been in years — a signal or noise?Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bi...2023-08-1830 minSignal or Noise?What Makes a Great Investor?The VIX is down, the S&P and NASDAQ are up, and lots of market strategists who called for a bear market in 2023 have been left scratching their heads. What’s a savvy investor to do amid this backdrop? Charlie and Peter have the answers. Plus, why you (probably) shouldn’t go to cash instead of investing and a critical look at our elected officials’ involvement in the stock market.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter...2023-08-0433 minSignal or Noise?Biggest 2023 Surprise?The first half of 2023 has brought many surprises for investors, including the recession that never came, a hawkish Fed, and much more. Tune in to hear Charlie and Peter’s take on what these surprises tell us about the state of the markets and economy. Plus, how Taylor Swift is boosting the economy one record-breaking show at a time, and if the 10-year Treasury yield is a signal or noise.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Pe...2023-07-2441 minSignal or Noise?How Much Do You Need to Retire?Peter and Charlie tackle timeless financial planning questions: How much do you really need to retire? Does money buy happiness? Plus, don’t miss their enlightening discussion about the Supreme Court’s latest rulings regarding student loan forgiveness and affirmative action. Finally, is the GDP a signal or is it just noise? Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you sho...2023-07-0744 minSignal or Noise?A New Bull Market?In this episode, Charlie and Peter delve into why your investing strategy shouldn't change whether we're in a bull or bear market and why you should avoid falling in love with winning stocks. Plus, are analyst forecasts useless, and is investor sentiment a signal or just noise?Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying at...2023-06-2227 minSignal or Noise?AI ExuberanceOn this episode, Charlie and Peter delve into the allure of picking single stocks like NVIDIA that show a run of outperformance, why it’s ultimately a flawed approach for the long-term investor and what to do instead. Plus, is the VIX a signal or is it just noise?Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what's happening in the markets and economy and let you know which headlines you should actually be pa...2023-06-0831 minSignal or Noise?Fears of DefaultIn this episode, Charlie Bilello and Peter Mallouk discuss debt default fears, what they think is the best long-term investment (hint: it's not real estate) and just how big Big Tech has gotten.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what's happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights...2023-06-0545 minSignal or Noise?A Crisis of ConfidenceTune in as Charlie Bilello and Peter Mallouk discuss the ripple effect of bank deposit fears, the cost of college, and if “don’t fight the Fed” is still reasonable advice. Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what's happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more in...2023-06-0535 minSignal or Noise?End the Fed?Charlie Bilello joins Peter Mallouk for a new series where they discuss big topics in the market, investing and personal finance to help you separate the signal from the noise. Tune into episode one now for their insights on the top five wealth killers, Apple’s new high-yield savings option, and if the Fed should still exist in its current form.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what's happening in the markets an...2023-06-0531 min