Franck P. Cushner, CFP®

Powered by AVACF and Avance Gas's extraordinary cash generation + return to shhldrs ($3.50/shr divvy for 3Q24 announced this AM,) ExCap just blew through the 50% ytd gain mark. We use zero leverage, but hold very little cash (~3% of the portfolio today) and I don't gamble on non-income generators This "stuff" works. To be fair, it is freaking thunderdome out there in the mkts since DJT 2.0 was confirmed. But SPY is up 27.7% ytd and QQQ, surprisingly, is lagging with "only" a 25.1% gain ytd. We are winning handily. Getting de-platformed by failing financial media outlets has been the best thing for me and for ExCap. I am still, for the time being, accepting new asset mgmt clients Getting close to ExCap’s capacity, tho. So PM me for details ASAP. It just makes sense.

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Target Rate Funds vs. Target Date Funds: A Personalized Approach to Retirement Planning As plan participants seek more tailored solutions for retirement, the differences between Target Rate Funds (TRFs) and Target Date Funds (TDFs) become increasingly important. While TDFs have been common, they may not fully address the unique needs of each individual. TRFs, by contrast, offer a more customized and flexible approach. Here's a comparison of the two strategies and why TRFs could be the key to more confident retirement planning. Introduction TRFs calculate the specific return needed to meet each participant’s future payout, considering personal circumstances like savings, goals, and income needs. TDFs rely on standardized asset allocation based solely on the participant's projected retirement date, offering a more generalized approach. Personalization Unlike the one-size-fits-all nature of TDFs, TRFs provide individualized strategies based on each participant’s retirement goals and financial situation. TDFs group participants by retirement date, overlooking individual financial journeys. Goal-Oriented Planning Retirement planning should meet specific income needs and lifestyle goals. TRFs set retirement objectives based on income replacement, while TDFs focus on retirement dates, possibly missing individual income requirements. Portfolio Navigation TRFs dynamically adjust asset allocation based on market conditions or personal situations, using a "buy low, sell high" approach that removes emotional decision-making. TDFs follow a predetermined path with limited adjustment flexibility. Flexibility TRFs adapt to changes in participants' personal circumstances, such as salary increases or family needs, ensuring strategies remain relevant. TDFs offer limited flexibility, fixed on a projected retirement date. Conclusion TDFs offer a simplified approach but may lack the personalization today’s participants need. TRFs offer a breakthrough by tailoring investment strategies to individuals, ensuring they can navigate retirement with confidence.

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As quoted today by Financial Planning: Robinhood will now compete one-on-one with the likes of #Schwab, #Pershing, #Ameriprise, #LPL and #Fidelity at the institutional level, said Michael Ashley Schulman, founding partner and chief investment officer at Running Point Capital Advisors in El Segundo, California. "Historically, #Robinhood has always targeted the individual or retail do-it-yourself #investor, but with this acquisition, they will now also target professional #financialadvisors and #wealth management firms, as their clients," he said. "This elevates Robinhood to a whole new level and opens up fresh revenue possibilities." ~~ Running Point, “we are your family office”™️ #taxplanning #estateplanning #assetmanagement #future #investing #taxes #wealthmanagement #economy ~~ Disclosure: The opinions expressed are those of Running Point Capital Advisors, LLC (Running Point) and are subject to change without notice. This is not investment advice and this is not a recommendation to buy or sell a security. The opinions referenced are as of the date of publication, may be modified due to changes in the market or economic conditions, and may not necessarily come to pass. Past performance is not indicative of future results. Forward-looking statements cannot be guaranteed. Running Point is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Running Point’s investment advisory services and fees can be found in its Form ADV Part 2, which is available upon request. RP-24-191

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Florida Man (and Woman), Credit Card Chaos, and How To Calculate Retirement Numbers | COT 48 Join Jeff and Ron in this week's episode of the Cents of Things podcast as they discuss some interesting business decisions made by companies like Google and Blockbuster. They also dive into the hilarious world of Florida Man (and now woman) headlines. Additionally, the hosts provide valuable insights into retirement planning, breaking down how to calculate the amount needed for retirement using a simple back-of-the-napkin method.   Don't miss out on this informative and entertaining episode! Stay tuned for: Insights on business decisions made by tech giants like Google and Blockbuster Hilarious Florida Man headlines and stories A step-by-step guide to calculating the amount needed for retirement Tips on financial planning and strategies for a secure retirement Subscribe to the Cents of Things podcast for more weekly updates on business, economics, and fun stories. Don't forget to like, comment, and share your thoughts with us. We appreciate your support!   [00:01:26] Blockbuster rejecting to buy Netflix. [00:07:44] Florida man antics. [00:10:22] Retirement planning strategies.  [00:15:10] Strategies for retirement planning. [00:17:19] Retirement planning and savings goals. CLICK HERE FOR PODCAST - https://lnkd.in/gqQCMwhy   To follow Jeff Kikel: https://lnkd.in/guyC3uch www.freedomdaywealth.com   To Follow Ron Lang: https://lnkd.in/gJvBbyjA www.atlasbuildswealth.com   #centsofthings #podcast #markets #stockmarket #economy #economics #finance #investments #investing #trailingstops #atlaswealth #ronlang #jeffkikel #freedomday #financialplanning #retirementplanning #estateplanning #atlasbuildswealth #marketmanipulation #fedfutures #ratecuts #treasury #treasuries #cfo #ceo #accounting #CPA #benefits #hr #humanresources #aapl #msft #googl #nvda #sp500 #nasdaq100 #taxbrackets #irs #irsgov #tax #taxes #atlaswealth #401k #sep #solo401k #403b #tsp #taxfiling #inflation #cpi #ppi #pce #stockmarket #dowjones #sp500 #sp500index #spy #qqq #financialplanning #estateplanning #trust #estate #gifting #tod #qdro #jtwros #ronlang #atlasbuildswealth

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Thanks for having me Charles Schwab! Check out Prosperity Capital Advisors to find a tax-smart advisor to help you with proven tax management strategies today!

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Stocks have been trading well above their normal range relative to earnings, and as we look to the future, even if earnings stay high, valuations will have to normalize, which may lead to a sideways market. Listen to my conversation with Chuck Jaffe on the MoneyLife podcast to hear more on what that might mean for investments: https://lnkd.in/gQBHG5Hc #MarketCommentary #InvestmentCommentary

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"The article also conflates voting support with quality in its assertion that a low vote likely indicates that a proposal does not meet a fiduciary standard worthy of investor support. The right of shareholders to file proposals on emerging risks sometimes leads to a few investors, a minority voice, to demonstrate prescience and foresight that management and fellow investors may neglect at great cost. The poorly supported proposals later proved to be highly material." There are so many examples of shareholder proposals being prescient! I think of it as a service to companies to let them know what more traditional investors will be thinking about in the years ahead.

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In Part 2 of our three-part series on bringing order to your investment universe, we looked at Transitions and Taxes, or how to balance sensible tax management with effective investment planning. Today, we’ll wrap our series with additional ways to ease your transition from chaotic to more orderly investing. Some steps are purely practical. Others help you remain calm and confident along the way. We can mix and match them as needed to contribute to your investment success. Read the article here 👉 https://buff.ly/3zplWPl #financialplanning #investing #Denver

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The trade-off between risk and reward is a key part of any investment strategy. But risk means different things to different people. While risk is the key to unlocking greater gains, it can also be a source of sleepless nights and fingernails chewed to the quick. Each of us must find the right balance for our needs. So how much risk are you willing to take on to reach your goals and sleep through the night? Figuring out your risk tolerance is a crucial step. It’s an important building block for your investment plan and can help you create a portfolio that’s well-positioned to meet your goals without compromising your financial—and emotional—health. There’s no simple equation for determining your risk tolerance, but the following three questions can serve as a guide. 👉 What are your goals and time horizon? 👉 What is your risk capacity? 👉 What is your risk composure? Read today’s blog where we explore further. https://buff.ly/3B006Tx #financialplanning #investing #Denver

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Lydia Tomkiw: As a regular critic of the asset management industry’s infatuation with the elixir vitae bestowed on Alternative investments, we’re naturally sympathetic to the letter’s advocacy for “a healthy alignment of interests between GPs and LPs”. However, in this instance we’re a bit mystified by the signatories’ grievance. One has to wonder, were the aggrieved unaware of the potential for a misalignment of incentives when they first allocated capital to these hedge funds (back when risk-free rates were near zero)? Were they coerced into investing in these “misaligned” vehicles against their free will? Who vetted the hedge funds (without cash hurdles) and made the recommendations? Who approved? We’re not hedge fund operators, but fairness dictates a more balanced perspective on this kerfuffle.

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Last chance to register for today’s webinar with Ed Slott and myself, discussing how you can grow your wealth management business with tax management and unpack the new secure act final regulations!

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