05/23/2022: Weekly Briefing
Last week, I wrote about how I was trying out Personal Capital and that one of their financial advisors had suggested diversifying my portfolio towards small, mid cap, and other assets like real estate.
I tried researching what was best practice for portfolio allocation as I had thought that just sticking most investments in the SP500 would be fine. It seems in reading around, that diversifying a bit more than that is helpful.
This article did an interesting job explaining the returns generated by different portfolios between 1970-2020. It doesn’t specify which types of assets make up each asset class (for example, what exact stocks did the portfolio invest in for international large-cap value), so I’m not sure if the author is looking at selective data. But in any case, I still found it interesting to look at.
I’ll continue to research this and share my thoughts and would love any insights you all call share. How are your portfolios allocated?
Money & Crypto
Stock market continues to drop; see how this month compares to past recessions (WSJ)
Crypto also dropping (Economist)
High yield crypto accounts have falling rates. “BlockFi, for example, used to offer 6.25% to those holding more than one bitcoin. Now, it offers between 1% and 3% on up to 0.35 bitcoin, and 0.1% additionally on greater amounts.” (The Block Crypto)
How crypto is dealing with insider trading issues (WSJ)
SPACs struggling to find merger targets (Economist)
Ways to cut back on subscription costs (WSJ)
I wish we all had to take personal finance classes as part of our education (Visual Capitalist)
100 Conversations Project
I’m looking for 5 more people to chat with me about money & crypto in the next 2 weeks. Sign up here Thanks!
Wallet set up
If you’ve been interested in buying crypto, but don’t know where to start, email me at walletstreetpodcast@gmail.com and I’ll set up some time to walk you through how to set things up.
Etc.
Manchester City wins Premier League (if you’re a fan of this team or football in general, I highly recommend the documentary tv series All or Nothing that follows Manchester City for a season)
The US passed 1M deaths from Covid. If you had asked me 2 years ago if we would reach 1M deaths, I would have never believed you. It’s really sad that so many people have been affected.
Best meal delivery services according to Bon Appetit
🎧 A recap of Eurovision 2022
Podcast Pick of the Week
🎧Office Ladies is coming out with a book and did a Q&A of how they worked on the book together (recommended for The Office fans)
Disclaimer: All opinions are my own. The content on this site and on the podcast does not constitute financial, legal, accounting, tax, or investment advice.
