As artificial intelligence grows more advanced, it paradoxically highlights a rise in 'natural stupidity'—our diminishing critical thinking skills. Fueled by social media algorithms, confirmation bias and echo chambers that distort our decision-making. By embracing skepticism and fostering critical reasoning, we can navigate the challenges posed by AI, make smarter investments, and create a more balanced future.

Leveraged ETFs are securities that use financial derivatives (i.e., leverage) to magnify the returns of an underlying index or security. Mechanically, leveraged ETFs are forced to rebalance at the end of each trading day to ensure they remain within their target leverage ratio. This results in volatile price action as leveraged ETF returns are influenced by: the direction and volatility of the underlying index.

Equity markets have reached new highs, with the S&P 500 rising ~15% this year, on the back of a 26% gain in 2023, and is up an astonishing ~46% between Jan 2023 and June 2024. It’s at times like these when it’s important to remain disciplined, and to resist the FOMO (fear of missing out).

Self-driving cars could end up saving ~37,000 lives per year in the US. That’s almost as large as eliminating deaths from breast cancer (breast cancer claims ~42,000 people per year)[4].

With so many choices and different spending patterns, there is no single one-size-fits-all strategy. For the user who just wants a single card, a 2% cash back credit card is the simplest path. However, with a little effort, a cash back percentage north of that base is easily achievable.

2023 was a strong year for most asset classes, an investor could hardly help but to prosper from investments in traditional assets like cash, bonds, or stocks.

We often emphasize to our clients the pivotal role of tax efficiency in magnifying their wealth over time. Though the topic might seem tedious, our fascination with it is well-grounded. We often say: “we prioritize after-tax wealth creation, above headline returns.”

Embark on a transformative journey where wealth meets purpose, as we delve into Michael Bloomberg's remarkable story, and unveil how a simple shift from "spending" to "investing" can shape a life of intention, paving the way to a future of fulfillment and greatness.

Since the start of the year and through the end of June, the equity markets have been red hot with the S&P 500 and NASDAQ up YTD +17% and +32%. Let’s dive into some of the many potential reasons for the rally in the stocks market.