Some end-of-year tax loss harvesting:Doodle #1099 sold for 17.75 ETH ($50,000 USD). Top ten rarity.Last sale was for 40 ETH ($183,000 USD) more than for years ago. November 17th, 2021.Big loss but to be honest, 17.75 ETH is a great price in the current market.Doodles floor price is at 0.45 ETH ...

Core Viewpoint - The Schwab US Dividend Equity ETF (SCHD) has underperformed compared to high-growth technology stocks and alternative funds like the NEOS S&P 500 High Income ETF (SPYI) in 2023, leading to a recommendation for SPYI as a better investment option [1][5]. Performance Comparison - The SCHD ETF has a total return of 4.68% in 2023, while the S&P 500 and Nasdaq 100 indices have increased by 22% and 17%, respectively [1]. - Over the past three years, SCHD's return was only 20%, significantly lower than the Nasdaq 100's 120% and the S&P 500's 78% [2]. Sector Composition - SCHD is primarily composed of companies in traditional industries, with energy being the largest sector at approximately 20% of its holdings [3]. - Other significant sectors in SCHD include consumer staples, healthcare, and industrials, which have faced challenges due to external factors like tariffs [4]. Comparison with SPYI - The NEOS S&P 500 High Income ETF (SPYI) offers a higher yield of 12% and has outperformed SCHD with a three-year return of 58% compared to SCHD's 20% [5][6]. - In 2023, SPYI returned 15%, significantly higher than SCHD's 4.98% [6]. Investment Strategy - SPYI employs a covered call strategy, investing in S&P 500 companies and writing call options to generate monthly premiums for dividends [7]. - SPYI also utilizes tax loss harvesting to enhance returns, which contributes to its superior performance compared to other covered call ETFs [7]. Recommendations - Analysts recommend SPYI as a preferable option for investors seeking dividend income, especially given its historical performance and higher yield compared to SCHD [8].

Market Overview - The stock market is experiencing a rebound, with the Dow rising by approximately 0.33% (about 160 points), the S&P 500 up by about 0.33%, and the Nasdaq increasing by about 0.25% ahead of the Thanksgiving holiday [1] - Large-cap tech stocks are showing mixed performance, with Alphabet down by 1% and Nvidia rising, indicating sector volatility [1] - Utilities and energy sectors are performing well, while consumer discretionary and communications services are lagging, with healthcare being the best performer this quarter [1] Federal Reserve and Economic Outlook - Markets are pricing in a potential rate cut in December, with Kevin Hasset emerging as a front-runner to replace current Fed Chair Jerome Powell [1][2] - Economic growth is expected to pick up in 2026, with GDP growth projected to be slightly below trend this year but improving due to tax season benefits for mid to lower-end consumers [1][2] - AI spending is estimated to contribute about 1.5% to GDP, accounting for approximately 25% of current GDP growth, indicating its importance but not suggesting a bubble [1][2] Consumer Spending and Holiday Shopping - A new survey indicates that 41% of consumers plan to do most of their holiday shopping between Thanksgiving and Cyber Monday, with 29% of holiday budgets already spent by November 1st [2][3] - Despite a cautious consumer sentiment, actual spending is anticipated to increase by 3-4% year-over-year during the holiday season, driven by discounts and promotions [2][3] - The spending behavior varies by income cohort, with lower to middle-income consumers trading down and seeking discounts, while higher-income consumers continue to spend significantly [2][3] Retail Sector Insights - Retailers like Abercrombie, Steve Madden, and TJX are expected to perform well during the holiday season due to product innovation and effective management of tariffs [4][5] - The retail market is experiencing a bifurcation, with lower-income consumers being more cautious while higher-income consumers are maintaining spending levels [4][5] - Gen Z and baby boomers are projected to be significant spenders, with Gen Z showing a shift towards in-store shopping despite initial plans to cut back [4][5] Technology Sector Developments - Alphabet's stock is nearing a $4 trillion market cap following the successful launch of its Gemini 3 AI model, outperforming other tech stocks [6] - Meta is reportedly in talks with Google to spend billions on Google's chips and data centers, indicating strong demand for AI-related technologies [6] - Analysts suggest that the market is currently favoring Google, but there may be better investment opportunities in companies like Meta and Oracle, which have been oversold [6]

So, let's stay on the markets and your money because none of those five stocks that we just mentioned make the list of the most actively traded on Robin Hood. So, what does. Joining us now is Stephanie Gil, CIO of Robin Hood.Great to have you on set. None of those stocks made your list. >> No, >> not even strategy.>> No, our although Bitcoin uh has been a net buy over the last couple of days, I would say prior last >> Your clients love crypto. They love Bitcoin. I I mean they love stocks.They love to you kn ...

Market Trends & Investment Strategies - Tax loss harvesting is occurring earlier than usual due to earlier gains, particularly in the MAG 7 stocks, prompting investors to offset taxes [1][2] - Identifying opportunities through tax loss harvesting is recommended [2] - Stocks making 52-week lows are typically low for a reason, requiring careful consideration [3] Company Specific Analysis - IBM is highlighted as a potentially undervalued AI company with a forward multiple of 25 and a 2% dividend [3][5] - IBM was added to the company's position after research [3] - Companies like Proctor & Gamble, Adobe, ADP, Kimberly Clark, Craft Heinz, and Charter Communications are at 52-week lows [3] - Chevron, Amgen, Johnson & Johnson, and Coca-Cola are mentioned as Dogs of the Dow [3] Investment Considerations - Dogs of the Dow may be "dogs for a reason," but some possess quality and good dividends [4][5] - The focus is on quality companies with good dividends [5]

he ended up selling the punk for 54.69 ETH (USD $195,132).-$511k but at least he successfully tax loss harvested the trade. https://t.co/jOQYDiwQU6Xeer (@Xeer):he bought his punk from @punksOTC 4 years ago for 149.95 ETH (USD $706,479). https://t.co/V1PlXwYkFJ ...

分组1 - The discussion highlights the concept of tax loss harvesting, which involves selling positions at a loss to lower tax liability, particularly relevant as the year-end approaches [1][2][3] - Calendar effects such as the Santa Claus rally and January barometer are mentioned, with historical data showing that the stock market has risen 79% of the time during the last five days of December and the first two days of January, and the January barometer has accurately predicted full-year returns 85% of the time since 1950 [4][5] - The importance of long-term investing is emphasized, suggesting that focusing on high-quality businesses and holding them for at least five years is more beneficial than trying to time the market based on short-term calendar effects [5][6] 分组2 - Tesla reported a 12% year-over-year revenue growth after two quarters of decline, but the earnings missed expectations, indicating potential issues with profit margins [7][8] - The operating margin for Tesla has dropped in 10 of the last 11 quarters, with R&D spending increasing by 42% year-over-year, primarily for AI development [9][10] - Regulatory credit revenue for Tesla has decreased significantly, down 44% year-over-year in Q3, with expectations of less than $1 billion in the next 12 months, which could impact profitability [9][10] 分组3 - Etsy and EnPhase Energy are highlighted as potential outperformers after being dropped from the S&P 500, with Etsy showing strong free cash flow and recent integration with AI technology, while EnPhase is noted for its international growth and innovation despite current market challenges [13][15]

Core Insights - The stock market is influenced by year-end tax loss harvesting and portfolio adjustments as the holiday season approaches [1][2] - Significant gains in the stock market have been driven by AI-related trades, with some investors considering profit-taking and tax strategies [2][6] Company Performance - Companies like Palantir (PLTR) and Robinhood (HOOD) have seen substantial year-to-date stock gains, while the worst performers in the S&P 500 are under scrutiny as investors look to mitigate losses [3][5] - The worst-performing stocks include names from various sectors such as consumer, industrial, and services, with examples like Lululemon (LULU), Dow (DOW), and Trade Desk (TTD) [5][6] Market Dynamics - The struggles of underperforming companies are attributed to execution issues, changes in customer demand, and cyclical factors rather than the rise of generative AI [6][7] - Despite the overall positive impact of AI on many companies, tax loss harvesting may increase selling pressure on underperformers, potentially exacerbating their declines [7][9]

Core Insights - The firm emphasizes the importance of net returns after fees, taxes, and inflation, managing most fixed-income and equity assets in-house to avoid high third-party management fees [1][4][19] Client Relationships - The firm has significant client relationships, with an average household investment between $15 million and $30 million, and a median net worth exceeding $25 million [2] - Clients are typically multi-generational families with complex financial situations requiring tailored advisory services [2][3] Investment Strategy - The firm manages approximately $2.3 billion in assets under management (AUM) and serves around 130 families, often managing multiple family units [3][4] - Fixed-income strategies are tailored to individual client tax situations, allowing for tax-loss harvesting and investment in both taxable and tax-free bonds [5][6][7] - In equity markets, the firm employs direct indexing and tax-loss harvesting without incurring additional fees, aiming to outperform benchmarks like the Russell 1000 or S&P 500 [8][9][10] Private Markets Investment - The firm invests in private markets across four main areas: private real estate, private debt, private equity, and infrastructure, with some clients allocating up to 50% of their portfolios to these assets [12][13][14] - The firm has adapted to the evolving private markets landscape, utilizing both drawdown funds and evergreen funds to provide clients with liquidity and access to diverse investment opportunities [11][15][16] Manager Selection - The firm prefers established asset managers for private market investments, focusing on long-term relationships and thorough due diligence processes [20][21] - For fixed-income and equity investments, the firm primarily manages assets in-house but may utilize third-party managers for specific niches like mid-cap, small-cap, and international markets [17][18] Portfolio Management - The firm has a seven-person investment committee that meets weekly to discuss market outlooks and client allocations, with monthly market reports and quarterly webinars to keep clients informed [22][23] - Rebalancing of portfolios is typically assessed quarterly but executed during periods of market volatility [24] Cryptocurrency Investments - The firm assists clients interested in cryptocurrencies, primarily through ETFs or closed-end funds, while acknowledging the evolving nature of the cryptocurrency market [25][26] International Market Exposure - The firm maintains a home country bias in international investments, typically allocating 15% to 20% of portfolios to international assets, with a focus on emerging markets and currency exposure [27][28] Cash Management - The firm generally holds minimal cash in managed accounts, typically between 1% and 3%, influenced by client preferences for opportunistic investments [29]

Core Insights - The article discusses the launch of Evergreen Wealth, a new wealth management firm that combines traditional fiduciary advice with an AI-driven advice engine to enhance financial decision-making for clients with significant assets [4][5][6]. Company Overview - Evergreen Wealth is founded by Bill Harris, a seasoned entrepreneur with a background in finance and technology, including previous roles at PayPal and Intuit [5][4]. - The firm employs a team of 50 professionals and targets clients with a minimum of $250,000 in investable assets, focusing on those with a net worth between $1 million and $10 million [3][4]. AI Integration - The company utilizes a proprietary AI advice engine that integrates investment, tax, and financial databases to create personalized and tax-optimized portfolios [3][6]. - AI is used extensively for portfolio management, allowing for automated decision-making and trade execution, which enhances efficiency and complexity management [6][10]. Investment Strategy - Evergreen Wealth prioritizes direct indexing over traditional ETF or mutual fund investments, allowing for greater customization and tax efficiency [9]. - The firm employs daily tax loss harvesting strategies, making over 100,000 buy-sell decisions for each client daily, which significantly enhances tax optimization [10]. Client Personalization - The firm emphasizes a high level of personalization in investment strategies, taking into account individual client preferences, risk appetites, and specific investment concerns [11]. - The approach includes considerations for ESG (Environmental, Social, and Governance) factors, allowing clients to align their investments with their values [11].