Reid Culp

Advice to Grow and Protect Multigenerational Wealth | CERTIFIED FINANCIAL PLANNER™ | Chartered Financial Analyst®

[Reid Culp @ReidCulp]

Honored to be quoted in MarketWatch discussing SpaceX ahead of its IPO.

A great company does not automatically make a great investment. Long-term returns depend on both the quality of the business and the price paid.

https://t.co/pxGc3udggg

[Reid Culp @ReidCulp]

Honored to be quoted in Business Insider.

Long-term investment success comes from disciplined valuation, diversification, and patience.

https://t.co/Cf5H7yVDKT

[Reid Culp @ReidCulp]

@RyanDetrick @RyanDetrick Are you measuring the widest spread between bulls and bears at any point during the year or just at year-end, etc.?

[Ryan Detrick, CMT @RyanDetrick]

The bull market turns three this Sunday.

Just a reminder that the five previous bull markets (going back the past 50 years) that made it this far kept going.

Shortest was five years, the average was 8 years, and two made it to double digits.

[Ryan Detrick, CMT @RyanDetrick]

The S&P 500 is about to be up 8 days in a row and >6% during the win streak.

3 of the past 4 times that happened it was >20% a year later.

Better than avg returns across the board going out a year.

More clues the lows are indeed in and this isn't a bear market rally.

[Satya Nadella @satyanadella]

Jevons paradox strikes again! As AI gets more efficient and accessible, we will see its use skyrocket, turning it into a commodity we just can't get enough of. https://t.co/omEcOPhdIz

[Nassim Nicholas Taleb @nntaleb]

For those interested, my Quantitative Finance paper on bitcoin, dubbed the "bitcoin black paper".
1) not a currency, 2) not a store a value, 3) not an inflation hedge, 4) does not protect ag. "tyranny", 5) not decentralized.
Effectively worth exactly 0.

https://t.co/HWE66WFH6Z

[Ryan Detrick, CMT @RyanDetrick]

How did sectors do the first month after President Trump won in 2016 and then what happened the next year?

Energy, small caps, and financials soared, but then didn't do well all that well.

Tech was weak, then was the top group.

Awesome chart from @gilbert3142 of @CarsonResearch.

[Ryan Detrick, CMT @RyanDetrick]

No, don't blindly invest in only seasonality, but we just left the worst two months and are now in the best two months of the year during an election year.

[Ryan Detrick, CMT @RyanDetrick]

Officially the second 5% mild correction of '24 for the S&P 500.

The average year tends to see more than three a year.

[Ryan Detrick, CMT @RyanDetrick]

Umm, so we shared this chart in January (but it was bullish then).

It showed that if you had a lame duck President stocks peaked on July 18th. If you the President was up for re-election things tended to be just fine.

S&P 500 peaked on July 16 this year so far. 🤔

[Ryan Detrick, CMT @RyanDetrick]

Well said by @awealthofcs on valuations.

The top 10 stocks are pricey, but the rest aren't too bad.

[Ryan Detrick, CMT @RyanDetrick]

We've shared this a lot, but it continues to play out.

Yes, the first yr of the new bull was weak, but history said yr 2 would just play catch up.

That is absolutely happening.

Up 53% now from Oct '22, but avg bull two years off lows is 58%. A little more room before Oct?

[Ryan Detrick, CMT @RyanDetrick]

The S&P 500 up close to 4% in June is really strong for historically a weak month.

But green in June during an election year is perfectly normal, as no month is up more often than June.

[Ryan Detrick, CMT @RyanDetrick]

Can this rally continue? Be aware that July has been up nine years in a row for the S&P 500.

Over the past decade? Higher 90% of the time (tied with November for the best) and up 3.1% on avg (second only to Nov).

[Ryan Detrick, CMT @RyanDetrick]

Stocks tend to do well after a 20% gain, so solid gains in '24 shouldn't be very surprising.

What is surprising is just how strong they are. Only 4 out of 20 times did the next year gain 20%.

Long way to go, but this year could do it again.

[Burt White @_BurtWhite]

On this, the 100th day of 2024, we celebrate the exponential increase in the number of US Centenarians. Currently, 77% of those over 100 years old are women.

[Ryan Detrick, CMT @RyanDetrick]

Let's take a breath and remember that your average year sees:

* More than 7 separate 3% dips
* More than 3 separate 5% mild corrections
* A 10% correction once a year
* A bear market every 3.5 years

The 2024 max peak to trough so far is only 2.0%.

[Rachel Nabers @Rachel_Nabers]

I often get asked how @TheSolo401k compares to a SEP IRA.

In short, Solo 401k plans have:
- bigger contributions
- Roth accounts
- borrow $50k from your 401k
- invest in alternative assets

The Solo 401k is the evolved SEP