RiXtrema

05/15/2024

Why AI Will Never Replace Financial Advisors: Shocking Information

Most people are in two camps about ChatGPT and generative "AI".

They either believe any hype, believe that is smarter than humans and will replace us, or they believe that it is fad that will pass.

The truth is in the middle.

To educate you about “AI” and financial advice, we have created a mini-course of 5 short videos.

Watch the first video:
“Why AI Will Never Replace Financial Advisors: Shocking Information”
https://rixtrema.net/advisorai_live/ -1

P.S. Unlock the secret of combining AI with LinkedIn and Email to supercharge your prospecting efforts and win more plans!
Join Our FREE Session HERE!
https://rixtrema.net/advisorai_live/

Do the work of hours in minutes and win plans like never before. Learn how during a free session tomorrow May 16th at Noon Eastern.

Secure your spot now!
https://rixtrema.net/advisorai_live/

02/07/2023

Real Estate Dillema

Not so long ago, we were in the age of “free money” when in 2020 the US Fed plunged interest rates down to 0% to boost economic activity during the pandemic. These policies opened a floodgate for all kinds of investments resulting in a frenzy of buying activity leading to record-breaking price appreciation, especially in Real Estate. But as we entered 2022, the US Fed “free money” policy has pivoted 180 degrees to aggressively raising interest rates. Lack of cheap credit created a lot of stress on the capital markets. Those two events led to a downward pressure on asset prices including real estate. 30-year fixed rate mortgage doubled in just 1 year from around 3% to 6.33% today.

Not so long ago, we were in the age of “free money” when in 2020 the US Fed plunged interest rates down to 0% to boost economic activity during the pandemic.

02/02/2023

Portfolio Reallocations Are on the Way

Financial advisors are increasingly drawn to alternative investment strategies as a means of navigating an economic environment that appears fraught with potential pitfalls.

Findings from a study by CAIS and Mercer show that nearly 90% of advisors surveyed plan to increase allocations to alternatives over the next two years.

The traditional portfolio model of 60% stocks and 40% bonds has come under increasing scrutiny during the market and economic unrest of the past two years, and it’s not surprising to see advisors and investors diversify into alternatives. But the current swing could represent a great shift in portfolio allocation strategies.

Financial advisors are increasingly drawn to alternative investment strategies as a means of navigating an economic environment that appears fraught with potential pitfalls.

01/26/2023

The SECURE ACT 2.0 Is Now Law

After some concerns it would not get passed in time, but with no ‘controversy on substance’, the SECURE ACT 2.0 is now law. Now with the January 3rd deadline met, financial advisors, plan sponsors and ordinary Americans can expect significant changes to the rules around retirement. Whether it will transform the majority of American lives, after leaving work, remains to be seen. For now at least, millions of workers across the US will see a big shift in how they prepare for life after work.
Here are 5 important provisions from the SECURE ACT 2.0 likely to be rolled out...
https://rixtrema.com/blog/the-secure-act-2-0-is-now-law/

After some concerns it would not get passed in time, but with no ‘controversy on substance’, the SECURE ACT 2.0 is now law.

01/24/2023

War, Oil, and Your 401K: How to Manage Risk in Times of Market Uncertainty

The war in Ukraine has created uncertainty in the global oil market, which can lead to an increase in oil prices. As the United States imports a significant amount of oil, an increase in oil prices can lead to higher fuel costs for American consumers and businesses, which can cause the prices of goods and services to increase. Additionally, the increase in fuel costs can also lead to higher energy costs for American businesses, which can cause the prices of goods and services to increase further. The fuel prices are holding stable for now but how long are they going to stay that way?

As China looks to remove its stringent COVID restriction, a rise in economic activity is expected to swing the global crude oil higher, which is already experiencing a shortage of oil due to OPEC production cuts and the sanctions levied on Russia due to its pointless aggression in Russia.

https://rixtrema.com/blog/war-oil-and-your-401k-how-to-manage-risk-in-times-of-market-uncertainty/

The war in Ukraine has created uncertainty in the global oil market, which can lead to an increase in oil prices.

01/20/2023

Why is silver leaving London Vaults? And is gold joining in?

Thousands of tons of silver left LBMA vaults leading up to the end of 2022. This hemorrhage is historically unprecedented and gold is now joining in. This bodes very well for precious metals prices, but what does it mean for risks in the financial markets in 2023? Watch to find out...

Episode 16.✅ 00:00 ✅ 06:41 - Silver is Stealthy✅ 10:25 - Warning From the Vaults✅ 11:10 - History of Silver✅ 13:40 - Where Did All the Silver go?✅ 14:44 - Si...

11/25/2022

Questions Plan Sponsors Should Ask Retirement Plan Advisers
The relationship with a financial adviser is key for retirement and the financial health of a plan sponsor’s employees. Advisers should become more knowledgeable not only about retirement, but also about other aspects of retirement planning.

It is important to ask the right questions from the get go and make everything clear before you start a partnership. This way you could keep your business protected and allow employees afford a good standard of life after work.

Here are some questions to consider ..

https://rixtrema.com/blog/questions-plan-sponsors-should-ask-retirement-plan-advisers/

11/17/2022

Black Swan Put Protection: How to Impement It in Your Portfolio (Ep. 14)

Options, particularly put options, have a big role in risk management. In this video we discuss how S&P 500 put options can hedge risks and how much it costs to employ put options to hedge risks.

Options, particularly put options, have a big role in risk management. In this video we discuss how S&P 500 put options can hedge risks and how much it costs...

10/26/2022

Biden Takes China to the Brink, Chip & Yuan Mayhem (Episode 12)

Biden administration punched China in the microchip solar plexus with unexpectedly tough sanctions. This happened at the same time Yuan is under pressure and political power is consolidated in China. What does this mean for your portfolio?
🔥 🔥 🔥 Watch and find out! 🔥 🔥 🔥

Investing Counterpoint Show: New EpisodeBiden administration punched China in the microchip solar plexus with unexpectedly tough sanctions. This happened at ...

10/18/2022

Bond and Stock Carnage: Will Bitcoin Become the Least Dirty Shirt?
(https://youtu.be/GIQk4SZo2_c)

Is Bitcoin going to become a truly diversifying asset? Will it become true stable money? Or will it falter through mistakes and/or government intervention? Join this lively discussion with portfolio risk experts and learn what you need to know about crypto.
🔥 🔥 🔥 Find out by watching the show! 🔥 🔥 🔥
https://youtu.be/GIQk4SZo2_c

Investing Counterpoint is a weekly show for financial advisors about portfolio risk management. Follow us if you want to get better at managing risk and become a trusted risk advisor.

Investing Counterpoint Show: New EpisodeIs Bitcoin going to become a truly diversifying asset? Will it become true stable money? Or will it falter through mi...

10/04/2022

Europe Implosion or Yen Collapse: What's more dangerous for your client's portfolio?
https://youtu.be/m3w8Y4PgrqE

We see multiple crises playing out simultaneously. Europe imploding over lack of energy, British pound and gilts (equivalent of treasuries) imploding, US dollar causing pain for anyone with USD denominated debt and Japanese yen is under pressure. How is this going to impact your clients' portfolios? It will in a big way, even if they don't hold any of those regions directly.
🔥 🔥 🔥 Find out by watching the show! 🔥 🔥 🔥
https://youtu.be/m3w8Y4PgrqE

Investing Counterpoint is a weekly show for financial advisors about portfolio risk management. Follow us if you want to get better at managing risk and become a trusted risk advisor.

Investing Counterpoint Show: New EpisodeWe see multiple crises playing out simultaneously. Europe imploding over lack of energy, British pound and gilts (equ...

09/15/2022

RPAG 2022-Main Takeaways: The Evolution of Target Date Funds, Managed Accounts and Defining Risk

Watch the New Episode of the Investing Counterpoint show:
https://youtu.be/mJ5zGW7HSm4

-Main Takeaways From San Diego RPAG.
The evolution of target date funds now specified by date.

-Managed Accounts.
Asset allocation in target date funds are heading in interesting directions-Managed accounts for example.

-Defining Risk.
One thing missing, this year, was that none one defined risk. But, it’s important to get specific...

Investing Counterpoint is a weekly show for financial advisors about portfolio risk management. Follow us if you want to get better at managing risk and become a trusted risk advisor.

Watch the show: https://youtu.be/mJ5zGW7HSm4

Flying solo today, I am in sunny San Diego for the annual RPAG conference. In this episode I’ll be talking about all the cool stuff I learnt from the best in...