Investing/ Markets

Don’t Assume You’re Getting an Inheritance

September 29, 2022 by Hans Blake, CFA, CPA

Reading Time: < 1 minute On today’s Intelligent Money Minute, we continue our conversation with Morningstar’s director of personal finance, Christine Benz on don’t assume you’re getting an inheritance. Financial communication is critical, especially between generations. Many children in our country are making a dangerous assumption; that a lucrative inheritance is headed their way. Yet many come to the reading of will only to be devasted that the inheritance they’re expecting doesn’t exist. During this episode, Christine Benz stresses the importance of talking about finances with family members before it’s too late. At Intelligent Investing, we focus on helping facilitate and communicate on difficult financial topics between family members. If you find it difficult to communicate with the next generation regarding your estate or your wealth, please consider reaching out for a complimentary no-obligation call or coffee to discuss your financial situation. We’d love to be considered your financial accountability partner. Schedule a short discovery call or meeting We’ll be interviewing Christine on several podcasts regarding retirement strategies, passive investing, and diversification, so be sure to subscribe to our Intelligent Money Minute podcasts.

Christine Benz Bio

Christine Benz is Morningstar’s director of personal finance and author of 30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances and the Morningstar Guide to Mutual Funds: 5-Star Strategies for Success. She holds a bachelor’s degree in political science and Russian/East European studies from the University of Illinois. Christine lives in the Chicago suburbs with her husband, Greg. She is an avid cook, a political junkie, and a long-suffering Chicago Cubs fan. Follow Christine on Twitter.

The Implications of Heading Towards a Digital Dollar?

September 15, 2022 by Hans Blake, CFA, CPA

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In this episode of Intelligent Money Minute, we interviewed Matt Hougan, Chairman of Inside ETFs on the implications of implementing a digital dollar. The world is changing rapidly, and so is our financial system. As Matt mentioned, it appears to be easier and cheaper to transfer money digitally using blockchain and cryptocurrency technologies. There are of course many risks, so you may need a financial guide on your journey. We’d love to be considered your financial accountability partner to help you navigate through the emotional rollercoaster our markets provide.

As a reminder, the views and opinions expressed on the Intelligent Money Minute podcast are those of the interviewee and do not necessarily reflect the views of Intelligent Investing, LLC. Intelligent Investing does not imply any endorsement or approval of any of the investments mentioned on the podcast. This podcast is to educate the public, and the investment strategy and themes discussed may not be unsuitable for investors depending on their specific investment objectives and financial situation.

Our boutique firm serves high-net-worth individuals and families. We would be honored to sit down with you to discuss your investment objectives and financial situation.

We are excited to be interviewing Matt Hougan, and we have several more episodes where we explore the ins and outs of ETFs, bitcoin, and blockchain, so be sure to subscribe to our podcasts to hear all the interviews.

Matt Hougan Bio

Matt Hougan is one of the world’s leading experts on crypto, ETFs, and financial technology. He is the Global Head of Research for Bitwise Asset Management, creator of the world’s first cryptocurrency index fund. Hougan is also Chairman of Inside ETFs, the world’s largest ETF conference. He was previously CEO of ETF.com, where he helped build the world’s first ETF data and analytics system. Hougan is co-author of the CFA Institute’s Monograph on ETFs. He’s also a crypto columnist for Forbes and a three-time member of the Barron’s ETF Roundtable. For more resources from Matt Hougan click here.

Dangerous Assumptions in Retirement Pt.2

September 1, 2022 by Hans Blake, CFA, CPA

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Dangerous Assumptions in Retirement with Christine Benz

Reading Time: < 1 minute On today’s Intelligent Money Minute, we continue our conversation with Morningstar’s director of personal finance, Christine Benz on dangerous assumptions made in retirement. Hans and Christine highlight the value of being conservative in your assumptions and expectations. During this episode, Christine breaks down another area retirees often make dangerous assumptions. Christine talks about setting a legitimate return assumption that factors in all areas realistically. If you are wondering what kinds of risks are in your current portfolio, or where there may be an unforeseen risk you aren’t aware of, consider contacting us for a complimentary call or coffee. If it makes sense, we may perform a complimentary portfolio review for you so you can get an idea of the types and current risk level in your portfolio. Schedule a short discovery call or meeting We’ll be interviewing Christine on several podcasts regarding retirement strategies, passive investing, and diversification, so be sure to subscribe to our Intelligent Money Minute podcasts.

Christine Benz Bio

The Risks of NFTs

August 25, 2022 by Hans Blake, CFA, CPA

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In this episode of Intelligent Money Minute, we interviewed Matt Hougan, Chairman of Inside ETFs on the risks of NFTs. Like any investment, NFTs are not immune to risk. Risk is impossible to eliminate completely. Risk can be transformed and transferred, and you should be compensated for the risk that you take in your portfolio. At Intelligent Investing, we have invested heavily in Intelligrations™ or intelligent integrations to understand what risks are in portfolios. We view risk in 4 ways—your ability to take on risk, your willingness to take on risk, your need for risk, and your actual portfolio’s risk.

Our boutique firm serves high-net-worth individuals and families. We would be honored to sit down with you to discuss your investment objectives and financial situation.

Matt Hougan Bio

The Three Waves of Investing Advice

August 18, 2022 by Hans Blake, CFA, CPA

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On today’s Intelligent Money Minute, we interview Aaron Klein on the three waves of investing advice. Riskalyze is an investment risk software that powers the world’s first risk alignment platform that is built on top of a Nobel-prize-winning academic framework. During this episode, Aaron mentions the three waves of investing advice over the past several decades. There is some merit in having a financial plan that is goals-based but is it enough to let investors stick to it without understanding their fears?

At Intelligent Investing, we use Intelligrations™ or Intelligent Integrations to make sure that our clients’ goals-based financial plan is integrated with their portfolio and to integrate their portfolio with our clients’ risk tolerance. As Aaron mentioned, we want to transform fearful investors who make bad decisions into fearless investors who make great decisions, and over time improve their financial picture. To learn more about our philosophy, subscribe to our podcasts so you can stay informed.

If you are interested in becoming our next high-net-worth intelligent investor or want to learn more about our philosophy on risk management, click here. We’d be honored to have a brief confidential call or coffee with you to learn about your needs.

Aaron Klein Bio

Aaron Klein is co-founder and CEO at Riskalyze, the company that invented the Risk Number® and empowers the world to invest fearlessly. The company is headquartered in Auburn, California, and serves tens of thousands of financial advisors.

He is husband to Cacey Steward Klein, dad to Spencer (born in South Korea), and Emma and Teddy (born in Ethiopia). Aaron and Cacey cofounded Hope Takes Root, an initiative to use vocational training and life mentoring to change the future for orphans and at-risk kids in Ethiopia. He also sits on the board of Invest in Others.

Dangerous Assumptions in Retirement Pt.1

August 4, 2022 by Hans Blake, CFA, CPA

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Reading Time: < 1 minute On today’s Intelligent Money Minute, we continue our conversation with Morningstar’s director of personal finance, Christine Benz on dangerous assumptions made in retirement. During this episode, Christine breaks down four areas retirees often make dangerous assumptions, hurting them in the long term. In particular, Christine talks about what types of risk to assume in the stock and bond market. If you are wondering what kinds of risks are in your current portfolio, or where there may be an unforeseen risk you aren’t aware of, consider contacting us for a complimentary call or coffee. If it makes sense, we may perform a complimentary portfolio review for you so you can get an idea of the types and current risk level in your portfolio. Schedule a short discovery call or meeting We’ll be interviewing Christine on several podcasts regarding retirement strategies, passive investing, and diversification, so be sure to subscribe to our Intelligent Money Minute podcasts.

Christine Benz Bio

Are Non Fungible Tokens (NFTs) a Fad?

July 27, 2022 by Hans Blake, CFA, CPA

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Reading Time: 2 minutes

In this episode of Intelligent Money Minute, we interviewed Matt Hougan, Chairman of Inside ETFs on whether NFTs are a fad. Commodities, common shares, and dollar bills are examples of fungible goods, which means they are able to be replaced by another identical item. My dollar bill in my pocket is essentially the same as the dollar bill in your pocket. Non-fungible tokens (or NFTs) are cryptographic assets on a blockchain with unique identification codes and metadata that distinguish them from each other. Unlike cryptocurrencies, they cannot be traded or exchanged at equivalency. This makes them quite volatile. NFTs differ from fungible tokens like cryptocurrencies, which are identical to each other and, therefore, can serve as a medium for commercial transactions. Non-fungible tokens are mostly digital art, but as Matt mentioned there are some potential uses for NFTs (like representing individuals’ identities or property rights). Time will tell which NFTs appreciate and which ones will be worthless.

Our boutique firm serves high-net-worth individuals and families. We would be honored to sit down with you to discuss your investment objectives and financial situation.

Matt Hougan Bio

How Riskalyze Empowers Investors

July 21, 2022 by Hans Blake, CFA, CPA

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Reading Time: 2 minutes

On today’s Intelligent Money Minute, we interview Aaron Klein on how Riskalyze empowers investors. Riskalyze is an investment risk software that powers the world’s first risk alignment platform that is built on top of a Nobel-prize-winning academic framework. During this episode, Aaron resonates with investors stunted by analysis-paralysis and the fears of unknown risk.

There will always be fear out there in the world. The human instinct is to run when we are faced with our fears. At intelligent Investing, we use a 6-month time frame and probabilities to demonstrate to our clients what they can likely expect their portfolio to achieve in the next 6 months. The range includes negative and positive returns, but it is designed to build trust and demonstrate that clients can give themselves permission to stick to the portfolio when things become scary.

As Aaron mentioned, we want to transform fearful investors who make bad decisions into fearless investors who make great decisions, and over time improve their financial picture. To learn more about our philosophy, be sure to subscribe to our podcasts so you can stay informed.