Roaming Returns

It's Q4 earnings season and the overall market is beating projections by 6%, which is making market analysts change their tune for 2024. The fear of a recession is gone. Looks like Tim might have been right about a bullish 2024.  Earnings season is a time to check in on the health of your portfolio assets. Sometimes people miss the big picture of a company's report and panic sell. But that's exact...

We've talked about knowing yourself so you can align with your investing strategy and spending plan. But if you struggle with determining what type of person you are, that can make things kinda hard when it comes to finances and goal setting.  It might be easier to start with listing out the things you love. Really put some thought into this exercise. Then spend more time, energy and money on the...

Stoicism is an ancient philosophy that can not only change your day-to-day life, but it can have a massive impact on how you invest. Two main Stoic principles that provide the greatest benefit when investing  are learning to let go of the things you can't control (like the stock market) and focusing on managing your own emotional responses. If you're interested in learning more about Stoicism, Car...

Most people don't operate with their personal investment style in mind, and when you invest in a way that's out of alignment with yourself, you have a higher chance of making costly mistakes.  Those losses deplete your funds with limits your ability to grow your money. And failures also trash your confidence and hope for retirement. So do yourself a favor and put some extra effort in at the beginn...

Don't make the mistake of passing up on Utility stocks. Utilities aren't flashy but they're essential and more secure than most other sectors, which makes them a great portfolio hedge during recessions.  It may look like Utilities have smaller dividend yields, but they increase their dividends year after year. That means the longer you hold them the higher your actual yield becomes.  Slow and stea...

There are many high yielding BDCs to choose from but they don't all pay juicy supplemental dividends like the ones Tim covers in this episode.  When you add in those extra payments these babies pay out way more than their posted yield. If you're not familiar with BDCs, go back and listen to Episode 11 first. Tim begins narrowing down the list of contenders by comparing a specific BDC's P/E Ratio t...

REITs have been beat down because interest rates have been high. The FED announced that they intend to lower interest rates in 2024 if the economic metrics keep looking good. That means REITs are going to turn around soon enough. If you're not familiar with REITs, go back and listen to Episode 13 first. Tim has combed the list of potential investments using several criteria to get him to the best...

Most people think crypto is just digital currency, but it's so much more than that. The underlying technology is going to revolutionize the world much like the internet did.  Even if you have no interest in owning cryptocurrencies yourself, you need to be aware of what's going on in this sector because it's going to impact a lot of other industries and change the way companies do business.  Bitcoi...

With all the fear of a recession floating around most people and experts think 2024 will be a bearish year. There are some factors that support that sentiment, but there's a lot more things that indicate that 2024 will be and up year.  Tune in to this episode where we cover 7 reasons that signal the bulls should prevail this year. And from what Tim has uncovered, it might go up a lot more than mos...

Investing "experts" and the media have been pushing everyone to buy bonds. But that makes no sense to us because it's so hard to find good undervalued bonds right now.  We only buy bonds when they're depreciated well below their Par Value. And almost everything we're seeing right now is close to Par or above.  To us that signals the time to get out of bonds which is exactly what we've started doin...

YieldMax™ ETFs sound too good to be true and they actually are if you view them as a regular stock investment. But if you treat them as a vehicle you're purchasing to generate income, they become a useful tool. You need to use a different investing strategy with these ETFs because of the higher risk for loss of value of the base asset. That's why we track our payouts until we get our initial inves...

We've dropped a lot of tickers throughout previous episodes, but curious about what stocks we're actually holding? This episode is the full unveiling of all the different investments that we hold in our portfolios. And if you prefer a more conservative investing approach, we also cover the assets in  Carmela's mom's retirement account.  As an added bonus, we show you some other investments that ou...

Most people avoid their failures because they're painful. Pain sucks, but forcing yourself to asses things will provide a lot of important information to help you learn so you can avoid making the same mistakes in the future.  Our biggest losing stocks in 2023. CWH we're down 44% IEP is down 53% QRTEP was down 15% until the recent rally; now we're up 3.56% UAN is down 15% MPW we're down a whopping...

Human biases are an innate part of us, so we have to learn to navigate them. Otherwise, they'll throw monkey wrenches into your life and definitely your investing and finances.  Awareness is the key to being able to do this. And once you're able to slow down and see what's going on, you'll be able to make much better investing decisions and understand why other people are acting like they are.  In...

Human biases are an innate part of us, so we have to learn to navigate them. Otherwise, they'll throw monkey wrenches into your life and finances.  Awareness is the key to being able to do this. And once you're able to slow down and see what's going on, you'll be able to make much better investing decisions and understand why other people are acting they way they are.  Today we discuss 3 cognitive...

The best investors get into stocks well before the majority of other investors because they think ahead. When you're proactive you find overlooked and often undervalued opportunities while 99% of other people are reactive investors.  Those types don't buy stocks until after they hear experts, the news or their friends toting a company. Sure you may pick up some companies at a decent price, but you...

Your health is directly linked to quite a few aspects of finance and investing.  It plays a big role in how well your brain is functioning. The better your brain, the more you can learn and become a good investor. Health also impacts your emotional and psychological stability and resilience. If you go into investing in a poor state, stock market movements can actually increase anxiety and stress w...

 You should never pay more for a stock than its worth. Especially when there are ways to determine if a stock is overpriced. Buying overpriced assets leads to losses, which is exactly why you need to learn how to value a company to become a successful investor. We use several metrics like the P/E Ratio, P/B Ratio and PEG Ratio to provide insight on a stock's true value. Types of assets that h...

Some people compulsively stalk their portfolios while others want to set it and forget it. Checking your investments too often can lead to emotional decisions while waiting too long can cause unbalance. Both approaches lead to losses. This episode covers how often we look at our portfolios and why certain times of the year are ideal. We also discuss how you can effectively make adjustments based o...

We noticed some disturbing behaviors that may explain why so many investors lose money during our yearly Halloween entertainment.   This is something we love and prioritize since fun is an essential part of a happy life. But problems arise when you find yourself unconsciously spending/consuming and needing instant gratification.  There's a high probability that your behaviors transcend all areas o...

Close Ended Funds are unique in that they generally have a capped number of shares which makes their price rely completely on demand. Whereas other funds use tactics to manipulate price like offering new shares or doing buy-backs.  CEFs have a NAV price that makes them very easy to determine their value. That means you shouldn't have trouble determining when to buy them at a discount.  Since there...

Most people avoid MLPs because of the "dreaded" K-1 tax forms. But once you really understand the tax advantages that come with investing in these types of companies, you might change your tune.   Yes, K-1 forms are a pain in the butt, but that's what tax preparers are for. Some of our favorite stocks are MLPs. One of them is managed by Carl Icahn who's considered to be one of the great investors...

The United States has a high cost of living which kills most people's dream of retiring. But money stretches much further in other countries, like the ones we discuss in this episode.   If you bite the bullet and move to a place with a lower cost of living,  you might just be able to realistically retire right now. And you only need $1,500 a month.  We show you how simple it is to make that amount...

There's a way to invest in real estate without getting loans, doing any repairs, or hassling tenants for rent payments. The stock market allows you to buy companies that do it all for you while you sit on the sidelines and collect income.  REITs pay big dividends and might even have higher ROI than physical real estate. That's why we consider them to be an essential asset for your income generatin...

With so much fear surrounding the markets and economic climate, it's no surprise that people are hesitant to invest right now.  More fear means less money in the markets.  Inflation and interest rates are higher also reduce discretionary funds.  For those who are investing, they're flocking to the "safe bets" like Facebook, Tesla, Google, Microsoft, and Apple.  Following suit, is a risky move. The...