The Market Call Show

AI Driven Investment Breakthroughs | EP 96

November 17th, 2024  |  13 mins 57 secs

In this episode of the Market Call Show, I dive into the transformative role of artificial intelligence in wealth management. Together, we’ll explore how AI is reshaping portfolio management, moving beyond a mere tool to become a revolutionary force in investment strategies. Drawing on groundbreaking insights from Brooklyn Investment Group’s latest white paper, we’ll uncover how AI enables wealth managers to scale their operations, cut time commitments, and reduce costs, all while enhancing the quality of client service.

AI's ability to automate complex tasks like portfolio rebalancing allows managers to oversee hundreds of accounts more accurately and efficiently. AI can cut a portfolio manager’s time spent on routine tasks by up to 82% and reduce computational costs by as much as 85%.

Join me as we discuss why adopting AI-driven strategies isn’t just beneficial—it’s essential for staying competitive in today’s fast-paced investment world. Whether you're a wealth manager or someone interested in the future of investing, this episode offers practical insights into how AI is setting new standards in wealth management, making it possible to serve clients with precision and speed.

Fishing in Less Crowded Technology Stocks | Ep 95

November 3rd, 2024  |  13 mins 19 secs

Today, on the Market Call Show, we dive into smarter tech investing, I paint a vivid picture of the current tech sector, likening it to overfished rivers where investors crowd around large-cap stocks, inflating prices and squeezing out value.

We come up with a fresh approach: focusing on smaller tech companies and early-stage private equity to achieve better diversification and risk reduction.

We explore the valuation landscape as of October 22, 2024, shedding light on the significance of return on invested capital for predicting returns. We reveal that only a small fraction of U.S. tech companies achieve over 10% in return on invested capital, while high cash flow ratios make even profitable companies seem overvalued.
Tune in to hear why I believe looking beyond the usual tech giants can open doors to sustainable growth in this crowded market.

Are You Leaving Money On the Table? | Ep 94

October 11th, 2024  |  26 mins 41 secs

Today, on the Market Call Show, we're uncovering three powerful yet underutilized strategies that could revolutionize your retirement savings approach.

We dive deep into the world of the mega backdoor Roth IRA, revealing how high-income earners can bypass traditional contribution limits and potentially save thousands in taxes over time.

Next, we explore the often-overlooked realm of self-directed investment options within 401(k) plans. Using examples from industry giants like Fidelity and Charles Schwab, we illustrate how these tools can dramatically expand your investment choices and potentially boost returns.

Drawing from years of experience in wealth management, I share insights on the critical importance of asset location. We discuss how strategic placement of investments across various account types can significantly reduce your tax burden and enhance overall portfolio performance.

As we navigate through these complex strategies, we emphasize the value of holistic financial planning. Whether you're a seasoned investor or just starting to take control of your retirement savings, these techniques offer a roadmap that focuses on wealth accumulation.

Preparing Your Portfolio for Retirement | Ep93

September 12th, 2024  |  44 mins 43 secs

Today, on the Market Call Show, we're discussing the importance of authenticity in financial planning.

Using a great Rush analogy, we look at how sequencing returns impacts the longevity of your portfolio , and we talk about strategies to navigate varied markets.

Most of us are concerned with peace of mind in retirement, and having enough to do everything we want to do, so taking a personalized approach to planning that considers both flexibility and fixed income is key to achieving the retirement we want.

Current Market Turbulence | Ep92

August 15th, 2024  |  18 mins 2 secs

Today, on the Market Call Show, we examine strategies for navigating volatile market conditions. Recent turbulence, driven by factors like the global sell-off, tech declines, and yen carry trade unwinding, has intensified volatility. We dissect the economic and geopolitical influences intensifying volatility.

We illustrate the multifaceted challenges facing investors through examples such as NVIDIA's production issues and looming stagflation fears. Additionally, we consider election-year uncertainties and their impacts on sentiment.

Yet amidst shifting seas, opportunity remains—with prudent planning. Given overvaluation concerns, we stress diversifying beyond tech and maintaining awareness of indicators and policy shifts.

For those nearing retirement, tailored strategies emphasize balancing risk through diversified equity allocation over heavy bonds. Well-informed risk management and acknowledging market cycles also feature prominently.

Staying Rational in Emotional Markets | Ep 91

August 1st, 2024  |  28 mins 3 secs

In this episode of the Market Call Show, we're discussing mastering long-term investing and balancing risk and return through strategies like adjusting asset allocation over time.

With large-cap sell offs recently, we highlight opportunities in small-cap stocks and look at the fundamental analysis of these businesses.

Drawing my experience as a portfolio manager, I'll share some of the tools I've used, like quantitative analysis that can help safeguard your hard-earned capital before uncovering economic sectors with untapped potential, such as property and casualty insurance.

Wrapping up, we dive into way you can optimize outcomes by staying grounded in market turbulence, making increment adjustments, and embracing diversification across sectors and investment styles for stability.

The Fear and Greed Index - Discussion with Jason Meshnick | Ep 90

July 25th, 2024  |  1 hr 36 mins

In this episode of the Market Call show, I sit down with Jason Meshnick, a market maker turned fintech pioneer whose intriguing career journey has taken him from the bustling trading floors of the early 2000s to the cutting edge of AI in finance.

Jason recounts his winding path from a philosophy major in small-town Poughkeepsie, New York, to becoming a Wall Street trader and, later, a leader in tech for trading. We explore his transition to automated trading as floors shifted online trader jobs contracted and his move into roles in finance education and media.

Jason offers a captivating look into the evolution of markets and trading strategies, from the dynamics of floor versus electronic exchanges to analyzing sentiment shifts through media platforms and tools like CNN’s iconic Fear and Greed Index, which he helped develop.

Across various sectors of finance, Jason’s experiences highlight the human element alongside technical progress.

Unlocking Long-Term Gains in Tech Investments | Ep 89

July 18th, 2024  |  18 mins 5 secs

In this week's show, we talk about some of the secrets to tax-efficient investing strategies specifically tailored for tech stock portfolios.

As someone working in the tech industry, you may have significant shares tied up in your employer's stock—with great potential for appreciation, but also significant risks. Listen as I break down the potential volatility and tax implications of concentrated stock holdings, and walk you through a real-world case study of a high-income client and discover the ways we evaluate the quality, valuation, and technical conditions of your current holdings, strategically plan for long-term growth, and diversify your portfolio to mitigate risk. Efficiently managing your investment returns is crucial, especially when balancing a diversified portfolio. In this episode, we delve into advanced tax management techniques like tax loss analysis and harvesting. I'll reveal how to prioritize long-term gains for favorable tax treatment and share the advantages of donating highly appreciated stocks to charity.

Discover the importance of selecting high-quality businesses with strong competitive advantages for long-term investment, and why working with a financial advisor can help you stay disciplined and aligned with your financial goals.

Don't miss out on this wealth of practical advice designed to make your investment journey smoother and more tax-efficient.

Maximizing Your Real Estate Returns | Ep 88

July 8th, 2024  |  20 mins 9 secs

Unlock the secrets to smart real estate investing and learn how to maximize your returns while minimizing your tax burden. In this episode of the Market Call Show, we uncover the essential strategies for achieving a balanced portfolio by diversifying your assets into business ventures, real estate holdings, and secure reserves like cash or gold. We'll reveal how to strategically rebalance your investments without the heavy tax implications, even if a large portion of your net worth is anchored in real estate. Plus, we analyze the effects of inflation and interest rates on property values and rental income, underscoring the significance of after-tax, inflation-adjusted returns.

Navigate the complexities of capital gains and depreciation recapture taxes with our expert insights on 1031 and 721 exchanges. Discover the advantages and potential drawbacks of these powerful tax deferral tools, which can help you transfer property into like-kind assets or Real Estate Investment Trusts (REITs). These strategies offer not just tax benefits, but also avenues for diversification, liquidity, and improved estate planning. However, be prepared to give up some control over your properties. Listen in to gain a comprehensive understanding of how these tactics can aid in managing tax liabilities and diversifying your real estate investments in today's dynamic market.

Roadmap to Fueling Your Best Life | Ep 87

February 6th, 2024  |  1 hr 3 mins

A living well focus on this week’s podcast leads me to a great interview with Paris Heinen. If you’ve struggled to make lasting changes, Paris Heinen gets it. After regaining lost weight herself, she shifted her approach and dropped 65 pounds. Best part? She’s kept it off for 24+ years.

Now Paris distills decades of wisdom into bite-sized nuggets. Get simple tracking tips to decode habits. Discover her “Power of 13” formula for sustainable change. Pick up thoughts on handling kids’ nutrition, balancing boundaries, and more.

Paris delivers an empowering dose of “you’ve got this” in this passionate chat. Let her practical inspiration propel your own progress, not perfection. Hit play now for achievable motivation from someone who has walked the walk.

Monte Carlo Simulations and Financial Planning | Ep 86

January 11th, 2024  |  29 mins 17 secs

This latest episode of the Market Call Show explains the best way to use Monte Carlo simulation, model different scenarios and make decisions with greater wisdom. The key is constructing the right asset blend, with stability, growth potential, and tax efficiency. This episode has insights on how to find your own "Moneyball" retirement strategy.

In this week's episode, host Louis Llanes discusses:
Why financial security & peace of mind are most people's biggest investment goals
How Monte Carlo simulation is used to model investment plans, and its pros and cons
Limitations of Monte Carlo: Doesn't fully capture complex cash flows, equal failures
The disconnect between Monte Carlo projections & client definitions of success
Having portfolio "players" with different roles: stability, growth, liquidity

Use ”Mr. Market” to Your Advantage | Ep 85

December 21st, 2023  |  31 mins 52 secs

Welcome back to another episode of The Market Call Show! I'm Louis Llanes, and I'm excited to share some valuable insights with you today. In this episode, we'll be diving into the dynamic world of market fluctuations, economic implications, and uncovering key principles from one of the greatest investment minds, Benjamin Graham. I recently heard a fascinating strategist call with industry experts, including Schwab's Liz Ann Sonders and fixed income analyst Kathy Jones. We'll dissect the discussions on political uncertainties, economic indicators, and the potential impact on investors.

But that's not all – we'll also explore the concept of a compass in investing. Think of it as your north star, guiding you through the complexities of today's financial landscape. How can you steer clear of poor decisions in times of uncertainty? I'll draw on timeless principles from Graham and Warren Buffett, discussing the importance of margin of safety, diversification, and separating speculation from sound investment.

Stay tuned for a thought-provoking episode that aims to empower you with knowledge and strategies for navigating the markets. Let's jump right in!

Navigating Uncertainty | Ep 82

August 24th, 2023  |  21 mins 59 secs

In this episode, Louis talks about the conflicting emotions surrounding current investment landscapes. With the economy appearing uncertain and news causing unease, we explore the principles of stability through two renowned investment books: "The Intelligent Investor" and "The Rule." Join us as we dive into Louis' concepts of quality, valuation, and sentiment, and examine how these principles can help investors find their footing amid market noise and market trends. Whether you're a seasoned professional or a curious learner, this episode offers valuable insights to help you weather market storms and make informed investment decisions.

Clients We Refuse to Work With | Ep 81

July 27th, 2023  |  30 mins 52 secs

Revealed: The Clients We Refuse to Work With - Unmasking the Traits of Terrible Investors • Introduction: • Podcast announcer introduces the show, its purpose, and availability on various platforms. • Louis Llanes of Wealth Net Investments introduces himself and expresses his desire to help people become better investors. • Reflects on his career and the realization that some clients unknowingly engage in poor investment practices. • Personal Journey: • Shares his background in economics and finance, highlighting his passion for finding patterns and trends in the economy and investment markets. • Describes the serendipitous discovery of a book that changed his life and led him to pursue an economics degree. • Discusses his professional experiences in the financial industry and the importance of financial planning. • The Role of Probabilistic Thinking: • Emphasizes the significance of thinking in probabilistic terms for successful investing. • Explains the concept of expected value and the importance of considering different scenarios. • Provides examples of how to evaluate investments based on probabilities and expected values. • Argues against the desire for 100% certainty and the need to accept the unknown in investing. • Managing Emotions and Avoiding Impulsive Decisions: • Discusses the detrimental effects of letting emotions guide investment decisions. • Advises listeners to control their emotions and think rationally, focusing on long-term investment goals. • Highlights the importance of risk management and cutting losses to maximize returns. • Shares the pitfalls of being a rearview mirror investor and the need to avoid emotional reactions to short-term market fluctuations. • The Balance of Diversification: • Stresses the importance of diversification in investment portfolios. • Warns against over-diversification that dilutes potential returns and the concentration risk of investing too heavily in a single investment. • Encourages finding the right balance between diversification and concentration based on individual risk profiles and investment goals. • Understanding Investment Cycles and Styles: • Discusses the existence of cycles in both the economy and investment styles. • Cautions against changing investment strategies solely based on short-term trends or being out of favor with a particular investment style. • Highlights the importance of choosing investment approaches with long-term success and robustness. • Conclusion: • Reiterates the importance of probabilistic thinking, diversification, managing emotions, and understanding investment cycles. • Acknowledges the challenges of human nature in investing and the need to resist emotional impulses. • Expresses the intention to provide more timely discussions on current trends and patterns in the investment world. • Encourages listeners to ask questions and engage with the podcast for personalized advice and information.

Top 5 Questions: Your Advisor’s Critical Role in Spousal Support | Episode 80

June 15th, 2023  |  14 mins 3 secs

On this week's latest episode of the Market Call Show with Louis Llanes--well actually, this is our first episode from our new playlist called Ask Wealthnet-a periodic podcast that answers your questions on financial strategies, retirement planning, and proven best practices that will empower you to make informed decisions about your wealth management.

In this episode, we discuss five essential questions that come from our own clients and felt it imperative to share:
The importance of all parties being active with the financial discussions
How to prepare yourself financially before the passing of a spouse
The essentials of having an estate plan
What your CPA and attorney has to do with being ready
Knowing your financial team is imperative for a successful financial future.

Join us on this special episode of Ask Wealthnet to gain valuable knowledge and guidance on the importance of being actively engaged in your household finances. By taking control of your financial well-being, you can secure a brighter future for yourself and your loved ones.

We’ll be answering your questions—please feel free to email your questions to hello@louisllanes.com.

Avoid These 5 Mistakes Before You Retire | Ep 79

June 1st, 2023  |  20 mins 22 secs

Welcome back to our Podbean channel, where we provide valuable insights on financial planning and retirement. In today's episode, we're diving into the fascinating world of pre-retirement planning and discussing common mistakes to avoid. Stay tuned as we cover a range of crucial topics that will set you on the path to a worry-free retirement.

[0:00] Segment 1: Exploring the risk profile of a pre-retirement window.
[2:16] Segment 2: Maximizing Retirement Benefits - An in-depth look at your company's retirement package.
[4:20] Segment 3: Rolling over into an IRA - The pros and cons of rolling over a 401k.
[7:07] Segment 4: Mastering the Pre-Retirement Budget and Taxes - Insights on budgeting and tax considerations.
[9:53] Segment 5: Stress Testing Your Portfolio - Preparing for a secure retirement through portfolio analysis.
[12:41] Segment 6: Determining Your Risk Profile - Avoiding the five worst mistakes near retirees make.
[15:08] Segment 7: Accurately Calculating Income in Retirement - Tips for avoiding pitfalls in income calculations.
[16:51] Segment 8: Carving High Debt into Your Retirement Plan - Strategies for managing debt and costs.