Mark Meredith, CFP®️

Flat-Fee Fiduciary | Factor-Based Investing | Financial Planner | Dad of 4

[Mark Meredith, CFP®️ @MarkTMeredith]

@codymclain @CoachDanGo Isn’t the glycemic load of watermelon extremely low though?

[Mark Meredith, CFP®️ @MarkTMeredith]

@mylattice24 I think we already had this conversation.

[Mark Meredith, CFP®️ @MarkTMeredith]

Vanguard has launched defined maturity corporate bond ETFs at an expense ratio of 0.08%, undercutting Ishares by 0.02%.

[Mark Meredith, CFP®️ @MarkTMeredith]

@cordes_tax My portion is in a Wyoming LLC and we did a cost segregation study on the horse.

[Mark Meredith, CFP®️ @MarkTMeredith]

My 4 year old needs to work on his timing then he’s a sure fire hall of famer.

[Jacob Turner @TheJacobTurner]

A PARENT’S JOURNEY THROUGH YOUTH SPORTS:

Age 5: “He’s got a cannon.”
Age 6: “He’s the fastest kid out there. Coach said so.”
Age 7: “Rec ball isn’t challenging him anymore.”
Age 8: “We tried out for select. Obviously made it.”
Age 9: “$2,800 for the season. Plus uniforms. Plus tournaments. Plus hotels.”
Age 10: “Cooperstown is basically a family vacation, right?”
Age 11: “He needs a hitting guy. And a pitching guy. And probably a mental performance coach.”
Age 12: “I’m not a crazy sports parent. The OTHER parents are crazy.”
Age 13: “We changed schools. For academics. (And also baseball.)”
Age 14: “Showcases are a requirement at this age.”
Age 15: “Ya his ranking just ticked up. We’re cooking.”
Age 16: “He just needs to get seen by the right school.”
Age 17: “The D1 schools want him to walk on. He’ll earn a spot by sophomore year.”
Age 18: “Okay, D2 is actually really competitive.”
Age 19: “He’s redshirting. Strategic.”
Age 20: “He’s focusing on school now.”
Age 21: “You know what? He’s so much happier.”

Roughly 7% of high schoolers play in college.

About 1.5% of those get drafted.

Less than half of draftees ever play one day in the big leagues.

The odds of our kids going pro are somewhere between “struck by lightning” and “find a $100 in old shorts.”

I love youth sports (all my kids play a bunch of them) just keep a good perspective my friends. ✌️

[Mark Meredith, CFP®️ @MarkTMeredith]

@MebFaber @altruist It's a nothingburger.

[Mark Meredith, CFP®️ @MarkTMeredith]

On October 12th, 60 Minutes ran a segment with Andrew Ross Sorkin promoting his book "1929" and drawing parallels to the eve of the Great Depression.

Since that day, the global equity market is up 17.65% ($VT).

A reminder that financial media exists to sell attention, not to guide your portfolio.

[Mark Meredith, CFP®️ @MarkTMeredith]

@cordes_tax I drag mine out of bed everyday for school at 6:45. On weekends they’re ready to conquer the world at 6 am sharp.

[Mark Meredith, CFP®️ @MarkTMeredith]

@diyreturns Is this a commercial for Meredith Wealth???

[Mark Meredith, CFP®️ @MarkTMeredith]

@Joe19nn Preferred spot for them if available. Although you could be turning a state tax exempt security into a taxable one upon withdrawal, depending on your state.

[Mark Meredith, CFP®️ @MarkTMeredith]

A 2.82% real yield on bonds is attractive. From 1900-2024 the average annualized real return on US bonds was 1.60%.

My 30 year+ money is still going to be in equities. The global real return on equities has been about 4.3% historically, 30 year TIPS have volatility similar to equities, and equities are more tax efficient.

Of course one of these asset classes is guaranteed and the other is not, why is why one of them has a higher expected return.

[Rodrigo Gordillo @RodGordilloP]

I mean, are we not backing up the truck on 2.82% REAL yield on a 30-year TIPS? Baffling how this continues to be one of the most hated asset classes in advisor portfolios...

[Mark Meredith, CFP®️ @MarkTMeredith]

Weekday games at baseball heaven never get old.

[Mark Meredith, CFP®️ @MarkTMeredith]

I think Eugene Fama once lost a bet, and as a consequence he had to be interviewed by Rick Santelli on CNBC.

[Mark Meredith, CFP®️ @MarkTMeredith]

“Can’t do anything with 5 Greg, poorest rich guy in America. Too rich to work, too poor to retire” -Connor Roy

[dank @cptdankkk]

Kevin O'Leary says all you need is $5,000,000 to be secure for life

"The discipline is get $5 million and put it in T-bills and just look at it. Don't touch it because if poo poo hits the fan, you're still good"

"I roll a bunch of T-bills. That's my fuck you account and it always has been. I buy dinner with the interest"

[Mark Meredith, CFP®️ @MarkTMeredith]

@EconomPic @RyanMGavin It reminds me of the era where everyone was going bananas about I-Bond rates. The rates are better today than back then, but now everyone forgot their treasurydirect password.

[Mark Meredith, CFP®️ @MarkTMeredith]

@myersbradley Of course we do use short to intermediate term bonds at my firm for stability of near term cash flow needs.

[Mark Meredith, CFP®️ @MarkTMeredith]

@myersbradley That’s what Merton suggests, and it makes sense. Historically bonds have not been a safe long term holding. I believe there have been real drawdowns >50%.

[Mark Meredith, CFP®️ @MarkTMeredith]

@alpha_optimized Yeah I’ll have to DM you

[Mark Meredith, CFP®️ @MarkTMeredith]

When diversifying value exposure, both momentum and high profitability can work as complements.

But the holdings tell a different story: momentum overlaps with value far more than profitability does.

And there's no telling if that overlap shows up at a good time or a bad one.

[Mark Meredith, CFP®️ @MarkTMeredith]

@alpha_optimized It is a good choice. We use DUHP, very similar.