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 dis...

While financial success is the goal for many, financial enabling can silently affect your future financial well-being. This week Andrew and Bill discuss what financial enabling is, who it effects, relationships to beware of and careers choices that may foster it.

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!

2022 has been tough for investors, especially those who invest in cryptocurrency. The recent collapse of the cryptocurrency trading platform FTX has sent the markets into a tailspin. This week Andrew and Bill discuss FTX, the crypto markets, and how investors can better understand what it means for their portfolio. Forbes - Crypto Crash 2022: Not Your Keys, Not Your Crypto Forbes - FTX Debacle: Is...

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!

The markets have not been fun in 2022 but this week Andrew and Bill discuss the 3 rules for bear market success and your critical year-end planning checklist. Article Links Forbes: Three Rules For Successful Bear Market Investing Forbes: 2022 Year-End Financial Checklist

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.

Description: High inflation and low returns have created the perfect storm for new retirees.  This week Andrew and Bill look at the math of retiring into a bear market and how they think about the 60/40 portfolio model and give you the insights most “experts” miss. Take a look at this week’s articles below: The Tricky Math of Retiring Into a Downturn The 60/40 Strategy Will Beat Inflation Eve...

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!