On episode 38 of Portfolio Rescue, Ben Carlson and Duncan Hill are joined by Ritholtz Wealth CFO and tax specialist Bill Sweet to discuss what asset class outperforms during rising inflation, when to take profits, backdoor Roth conversions, and much more! Submit your Portfolio Rescue questions to askthecompoundshow@gmail.com!
►00:00 – Intro
►03:09 – Real estate vs. bonds vs. stocks.
►07:36 – When to take profits.
►13:18 – Lump sum investments into an index fund.
►17:52 – Transferring IRA balance.
►22:45 – Backdoor roth conversions.
Thanks to Innovator for sponsoring this episode! Visit to learn more about their ETF offerings.
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Investing involves the risk of loss. This podcast is for informational purposes only and should not be regarded as personalized investment advice or relied upon for investment decisions. Ben Carlson, Bill Sweet, and Duncan Hill are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinions and do not reflect the opinion of Ritholtz Wealth Management. See a complete list of disclosures here:
#thecompound #personalfinance #investing…(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
Thanks to Innovator for sponsoring this episode! Visit https://www.innovatoretfs.com/portfoliorescue to learn more about their ETF offerings.
One of the challenges with Real Estate is liquidity.. if you bought 10,000 shares of AAPL you could sell some… you cant sell a portion of your house.. you have to sell the entire thing and then buy something else… at current prices…. apples and and oranges, not apples OR oranges…
Real estate is the best, because of the fixed rate Morgage.
I haven't watched this yet, but my opinion is eventually property taxes and insurance on property will exceed any rental income, so I just prefer not to gamble on it. Owning 1 home is important though because property taxes are usually limited in yearly growth once you're age 65. If staying in an apartment they have to raise rent to cover higher property tax over time even if you're elderly I think
If your housing included an imputed rent on the housing I think the numbers would be a lot higher , do you including dividend in the stock number ?
Can we get a coffee mug that just says "where's the money going?"
Practice, “I have Scottish heritage, I’m not Scottish”
Good advice especially now with my intel position
All my stocks are buy and hold forever
Have been converting assets that have lost value to my Roth. Glad that advice was broken down for the person that submitted the question
FYI for Duncan, if you're big into history when you're in London consider taking a trip over to St. Albans (it's about 20 miles from London). They've preserved a bunch of the history from when it was a Roman settlement, and the city park next to the museum even has some of the Roman city wall still standing. One of the coolest things I saw when I visited the UK years ago.
Ben drop a referral link for Rhoback so I can get a discount on that shirt…. It’s $94!
“Patience is the ultimate equalizer” Thanks Ben and Dunc for answering my lump sum question. ⚡️
Between Michael hating on Ben for the “By the way” and rando hating on Duncan for the “Okay”, you guys do you. We love you guys for your content and natural conversations and way of communicating. Don’t change. Don’t listen to whiners. Be you and keep being awesome and bringing the awesome content.
A lesson from crypto trading is to realize some gains to protect the principal when the asset goes parabolic.
And a good practice a old trader told is the residual portfolio formation. Lets say you want to add some company to your portfolio, instead of buying it all at once, you put a fraction with a relatively close profit target but you sell just enough to pay the cost and recover the principal. The profit remains in the portfolio as shares.
DUNCAN — I just got back from Scotland – Edinburgh from my son's uni graduation. i love Edinburgh. we also went to Ireland and England.
BEEEEEEEEEN CAAAAAAARLSONNNNNNNNN much love brotha
very good and pertinent
Personally I'd really love to own real estate properties as well as REITs, I've been informed of people making as much as $30,000 from these investments and If anyone could be lenient enough to share, I'd really love clue and tips on how to maximize profit
vEgAn cApItAl oF tHe wOrLD
Ben's "Process Over Outcomes" is a great rule to follow. Without a disciplined strategic plan to follow we are subject to making knee jerk decisions based on today's headlines, which results in worse outcomes and a lot of stress in the long run. Great show Ben and Duncan. Enjoy your vacations!
ok