Dollars & Sensibilities

Join Andrew Martz and Bill McBride as they recap the financial rollercoaster of 2023, share insights on proper investment math, and make bold predictions for 2024. Whether you're a seasoned investor or new to finance, tune in for valuable insights to help you navigate your financial journey. Subscribe now and stay sensible about your dollars with Bill and Andrew.

Alright Alright Alright!  We finally incorporated some Matthew McConaughey wisdom into a financial podcast. Mac's latest children's book "Just Because" provides some profound mantras, simple insight really, into the self-talk we should be employing.  When it comes to your investment philosophy, Bill and Andrew relate this simple preface of Just Because to ways to improve your discipline.  Just Because you read this description, doesn't mean you get it yet...Tune in!

Diverse opportunities and economic disparities mark our society. This week, Andrew and Bill discuss socioeconomic class mobility and shed light on the factors influencing upward and downward movement within the class system.

Fake Investments are the products and services we spend our money on, believing they will bring us wealth, but just leave our wallets empty. This week, Andrew and Bill discuss common fake investments, personality traits that can lead to making fake investments, and the right questions to ask to avoid these pitfalls.

Traveling in 2023 is coming with a lot more cost. This week Bill and Andrew discuss the Do’s and Don’ts of mixing personal & professional travel along with the new landscape for corporate travelers. Tune in and find out if rewards points still matter!!

It's tax deadline time!   This week Bill and Andrew review this year's tax deadlines, but equally as important is the opportunity to review your portfolio.  We tell you what to look for as it relates to your taxes and how to rebalance your portfolio like a pro.

Luck and Risk are two different sides of the same coin. This week Bill and Andrew talk about the role of luck in success, why the year you were born matters, and the importance of holistic financial planning. Don’t underestimate the power of things you can control!

If your friends were all jumping off a bridge, would you do it?  This age-old parental inquiry was never so useful as it is in the mindset of an investor.  Join Bill and Andrew today as they discuss what the most popular investments are and what you should really be doing with your money instead of following the "Cool Kids" that are jumping off bridges!

Self sabotaging behavior is one of the major causes for not meeting individual financial goals.  The effects of a weekend splurge spending spree can last for years. This week Andrew and Bill discuss how consumer behavior patterns have changed as a result of the pandemic and how you can avoid common pitfalls and make your financial dreams a reality.

In this week's episode, Bill and Andrew discuss the simple concept of "Perspective" and how it applies to your finances.  Do you ever see something on TV or social media and think "Why isn't that me?"  Well, it might be you already...with the right perspective!   Listen in and learn how you might be doing better than you think with your portfolio, your income and your life!

It’s that time of year again. Set new goals, learn new skills, and lose weight. We all make mental resets this time of year, and in today’s episode, Andrew and Bill discuss the five resolutions that can set up your 2023 financial plan and reveal the research on whether the New Year's resolution even works.

That’s a wrap on another year of Dollars and Sensibilities and on the eve of a New Year, Bill and Andrew review the markets, their returns,  and the sectors that performed the best/worst.  The real story is in the difference between the three major indices, The Dow, the S&P 500 and the Nasdaq.  Be sure to listen until the end to hear all the year-end results!

Today Bill and Andrew hit on some oldies and some newbies - those things that make you go hmm!  Listen to find out which ones stand the test of time and which ones we will still be arguing about years from now.

You set up your portfolio.  It's beautiful.  You see the S&P 500 go up and then you compare your apples to those oranges and you come up short.  Why, oh why?!!  In this episode we break down the five biggest reasons you are losing more or gaining less than the market, and how to fix it!

Election season finds many investors speculating about who will win and what that means for the markets and economy. This week Andrew and Bill look back in history to discover how political control impacts the markets and provide insight into what to expect as a result of the 2022 midterm election and how to prepare your portfolio.

2022 has left many investors rethinking their investment strategy.  In this episode, Andrew and Bill go back in history and look at the events that have shaped the last two decades of the market to give you insight into what to do today.

Have you heard from your first day in the working world that Social Security will not be there for you? We all have.  Have you ever asked why though...and if it's actually true?  We break it down to Dollars and Sensibilities today and it's not as bad as you think!

This past week we all mourned the passing of Queen Elizabeth II, the longest reigning monarch in British history. In today’s episode, Andrew and Bill reflect on her life and her choices while they discuss the royal fortune and how it will transition the next generation. Listen to apply some royal wisdom to your financial plan!

This week we take a look at 4 of the stocks that were popular for people to buy during the beginning of the pandemic and ask the question: what do I do with them now?  Spoiler alert - we take you back to fundamental investment philosophy!

This week, Bill and Andrew discuss the hotshot college kid that made $110MM on a Bed Bath and Beyond trade, Jim Cramer's track record and how your brain hears his bells and whistles, and lastly another lesson in how to line up your beneficiaries correctly. Hint: celebrities won't get your IRA.

In today’s episode, Bill and Andrew dissect a media clip as an example of how what you’re hearing “by the numbers” may be just tugging at your emotions. Math, people!

Is 2022 over yet? That’s what most investors have been asking themselves. In this week’s From the Feed episode, Andrew and Bill get tough and address the MOST pressing issues facing the average Americans today and offer practical steps to address, overcome and not just survive but thrive in today’s economy.

There are two rules in the Investment Club...let's talk about them! Today we discuss an outdated, but still viable, way to invest your money and socialize while you are doing it.

The Blame, The Tipping Point and The Remedy.  In today's episode, Bill and Andrew discuss the recent market volatility, and jumping in and out of a bear market.  Whose fault is it?  Where are we in the cycle? Most importantly, how do we adjust for it?  Listen for answers, comment for input!

Are you a Daytrader?  A Scalp Trader? Or are you an Investor?  Today Bill and Andrew will help you realize what you are really doing with your money and how to do better!

Are you upset about the state of affairs in the country, the world...how about just your portfolio?  Today we delve into the psychological process of addiction and how we can snowball ourselves with pessimism that can pour over into every facet of our lives.  Let's get happy!

The workplace ecosystem has evolved considerably over the decades, both physically and socially. Modern technology like mobile phones, PCs, printers, and faxes redesigned the office environments of the ’80s, ’90s, and 2000s. This week Andrew & Bill discuss the articles which cover the evolution of the workplace into what we're calling Workplace 3.0.

1. (Entrepreneur Magazine) Career Transitions You Can Make in Your 40s and 50s

2. (Entrepreneur Magazine) We Asked Entrepreneur Readers: How Do You Inspire Yourself, and Others?

3. (Entrepreneur Magazine) This is What It's Actually Like to Work a 4-Day Workweek

4. (WSJ) Why Is Your Boss Asking About Your Feelings? Inside the Empathy Management Trend

5. (Forbes) I Am Not A Robot: Restoring Humanity And Authenticity In The Workplace

In this week's episode, Bill and Andrew discuss the importance of Critical Thinking while investing.  While it may seem obvious, listen in to find out, in detail, how you can be a better analyst and investor.  They also cover Volatility, Uncertainty, Complexity, and Ambiguity - and how to make them your friends in the markets!

This week on D&S, Bill and Andrew discuss FIT Investing, or Financial Information Timing.  This is the attention to detail that we sometimes miss when caught up in the volatility of the markets. If timing is everything, then the timeliness of information is the greatest detail to not overlook.  Join D&S to avoid the pitfalls and stay Financially FIT!

Communication is simple but not always easy. This week join Andrew and Bill as they explain the basic communication formula, unpack the dimensions of communication and discuss the most important ways we communicate about financial decisions.

In this week's episode, Bill and Andrew discuss the perils, and argue over the benefits, of Nostalgic Investing.  Numbers battle emotion in this age-old discussion of not only what companies are in your portfolio...but why. Tune in and chime in with your thoughts!

The world is moving faster today than it ever has in history and we have more options for our lifestyles, careers, relationships, and finances. How do we know the correct paths to follow? This week Andrew and Bill discuss the importance of clearly identifying your personal Vision, Mission, and Values and some tips to capture these fundamental statements.

In this week's episode, Bill and Andrew reunite in-person from the Sunset Strip.  They discuss the slap heard around the world  (and how it relates to your investment philosophy...it's a stretch), the fate of Chelsea FC, perestroika and how the US economy will be affected, and the return of the wealth tax.

It’s easy to look at the events of the world, pieces of your financial plan, or aspects of your portfolio and think “Is this a good or bad thing?”.  This week Bill and Andrew challenge conventional wisdom by looking at a classic Taoist proverb to help shape perspectives about your portfolio, your tax bill, your financial plan, and your life.

It’s early 2022 and INFLATION is everybody’s favorite hot button topic but inflation is the invisible economic force that is constantly working against your financial efforts. This week Andrew and Bill discuss how inflation is measured, the ways it can impact your long term planning and simple steps to make sure you can protect against it.

In this week's From the Feed episode of Dollars and Sensibilities, Bill and Andrew break down the Ukraine situation and the stock market, Congress' apparent subscription to Dollars and Sensibilities, and the split direct deposit.

The balance sheet is one of the most important financial documents to create and be familiar with. It calculates your Net Worth. In today's episode, Bill and Andrew dig into why knowing your Net Worth may be the most important number in your finances. More importantly they discuss what does it mean? How do you calculate it and most importantly, how do you make that number get bigger?

From the Feed brings D&S listeners commentary on top articles being written from today’s leading financial publications. Today we cover 2021 resignation numbers, marina real estate investments, psychedelics ETF’s, the private equity trends, and how to become a time millionaire.

This week, Bill and Andrew discuss the other inevitably of life...taxes.  Specifically, what you could be missing in your filing, your accounting, and therefore your returns. We wrap the episode with one of the most important concepts in your working life; your tax bracket, and why you NEVER actually pay the percentage of your tax bracket. It's life changing math!