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1. If You Want People to Buy In, Simplify Your Advice
When it comes to getting people buying your advice one of the best tips I can give is “dumb it down- but don’t treat them like dummies“. There is a big difference between “dumbing it down” and treating people as if they are dumb. The first is about simplifying the message in order to be effective, whereas the second is about being condescending and patronising. The first is good. The second is bad. So “dumb it down” doesn’t mean that prospects are dumb or that you should think of them that way. It means “simplify” the discussion, language and recommendations wherever possible. — Tony Vidler
2. The High Probability of Lower Future Returns
The stock market is a complex ecosystem with various factors influencing outcomes. Those factors include valuations, inflation, monetary policy, and political regulations. Investors should consider the impact on future stock market returns as we enter a period of potentially higher average inflation (compared to the last decade), less monetary accommodation from central banks, and growing political uncertainty. — Michael Lebowtiz
3. Ignore the Election: Why Staying Invested Matters
In this episode, our hosts have a special conversation with Mark Malek, CIO at Siebert, just days before the 2024 presidential election. Mark discusses the firm's strategies in preparing for the election, the impact of big tech earnings, potential changes in tax policies, and market volatility. As they dive deep into the probable outcomes of the election and its effects on the market, the conversation offers valuable insights for investors navigating this volatile period. — What Does It Mean?
4. The Most Valuable Company in 2030
You’ve probably seen headlines suggesting electric vehicles (EV) were just a government-subsidized fantasy and that sales were crashing. EV sales just hit another record in America. Roughly one in 10 new cars sold is now battery-powered. And Tesla is lapping the competition. It sold more EVs than GM… Ford… Honda… Nissan… Volkswagen… Toyota… and BMW combined! Tesla alone accounts for nearly half of all EV sales in America. — Stephen McBride
5. Top Market Indicators to Monitor This November 2024
Key market indicators for November 2024 present a complex but opportunity-filled environment for traders and investors. Following the first phase of Federal Reserve rate cuts and growing global uncertainties, the technical landscape suggests several notable shifts. Let’s explore the key market indicators to watch. — Lance Roberts
6. A Strategy for Lifetime Income and Tax-Smart Wealth Transfer
Each of your clients face their own unique circumstances when it comes to retirement and financial planning. Adding income and beneficiary protection is one way to help them feel more confident about their future. — Lincoln Financial Group
7. Breaking Free from the Traditional ‘Follow-Up’ Sales Cycle
Waiting for prospects to circle back isn’t a reliable way to build a consistent business. Chasing them when they don’t respond only pushes them further away. Many potential clients think that solving their financial issues means comparing different advisors. They often don’t realise that if they really understood their problems, they wouldn’t need to shop around for help in the first place. — Ari Galper
8. In a Sea of Election Predictions, Who Can You Really Trust?
Who can you trust these days? When it comes to election odds, you don’t have many options. The polls are a joke. They’re biased and derived from a small sample size. What about the betting odds on sites like Polymarket? There’s real money on the line, but the volume is still trivial. A single whale can skew the odds. Also, let’s face it. Men are more likely to gamble on the outcome of a presidential election than women. So, the betting odds don’t always tell the whole story. — Justin Spittler
9. Envisioning 2030: The Role of AI in Financial Services
As artificial intelligence continues to evolve at a breakneck pace, its impact on the financial sector grows exponentially. While we can observe and analyze current trends, the true transformative potential of AI in finance lies ahead – a future that is both exhilarating and challenging to grasp. — Bill Hortz
10. Rising Interest in Annuities: The Appeal of Guaranteed Income
With workers of all stripes attempting to shore up their retirement plans and advisors looking to oblige those efforts, annuities have been experiencing a rebirth over the past several years. That is to say these products are as popular as they’ve ever been as highlighted by record sales in 2023. More of the same is expected this year. — Todd Shriber
11. Persistent Headwinds in Housing: What Buyers Need to Know
Housing data can be a useful barometer for where the general economy might be headed as the combined contribution to GDP generally averages 15–18% through residential investment and consumption spending on housing services. The residential contribution to the Fixed Investment component of GDP in Q2 (2nd quarter) was negative for the first time since Q1 2023 at -0.11%. Even though the Q2 print for GDP was 3.0% and the Atlanta Fed currently estimates Q3 GDP at 3.4%, we believe we should keep an eye on the trends as challenges in housing remain. — Brian Gilbert