Ben Carlson

The S&P 500 is Not the Economy

Technology stocks make up nearly 24% of the S&P 500. And that number is probably understating things since many of the biggest companies aren’t technically in the tech sector. Amazon and Tesla are two of the biggest holdings in the consumer discretionary sector. Facebook, Google and Netflix are in the communications sector. Many of these…

The Markets Can’t Save You If You Don’t Save

A 60/40 portfolio of U.S. stocks and U.S. bonds has only finished the year down double digits just 5 times in the past 94 years through year-end 2021.1 With stocks and bonds both down around 15% each in 2022 so far, it appears this year will be the 6th time in 95 years: If we…

Who Wants to Be a Billionaire?

Scott Galloway once said, “It’s never been easier to become a billionaire, or harder to become a millionaire.” I’m not sure I agree but it does seem like more people want to become a billionaire these days. I honestly don’t think it’s worth it. More money in your life is obviously better than less money but…