Billion Dollar Mindset: Unlocking Time to Create a Flywheel for your RIA
Reaching $1 billion in assets under management (AUM) is an amazing accomplishment for a registered investment advisor (RIA).
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Reaching $1 billion in assets under management (AUM) is an amazing accomplishment for a registered investment advisor (RIA).
China will be a headline in the U.S. for the coming decades, as its top strategic competitor. Let’s detangle various aspects of this competition.
In what was expected to be a relatively uneventful Fed meeting a few short days ago, the June FOMC gathering turned into a headline-making event instead.
Since the end of 2019, S&P 600 price returns have been a respectable 21%—or 8.2% annualized. This return hasn’t come close to matching 87% EPS growth, which has meant the P/E ratio of the index has contracted from 20.2 times to 13.1 times.
The drawdown in many stocks focused on cloud computing software has been, in a word, unbelievable. In basically one month’s time, from April 11 through May 11, the BVP Nasdaq Emerging Cloud Index (EMCLOUD)—a group of cloud-oriented companies—has lost roughly 30% of its value.