John Rothe | Portfolio Manager, Quant, Tech Geek, And Sometime Superhero To My Kids |

Top Characteristics of the Millionaire Next Door


By the latest estimation of Spectrem Group, a research firm studying affluent and high net worth investors, it has more than ever before. In 2015, the U.S. had 10.4 million households with assets of $1 million or greater, aside from their homes. That represents a 3% increase from 2014. Impressively, 1.2 million of those households were worth between $5 million and $25 million.

How did these people become rich?

Weekly Economic Update: September 12, 2016


SERVICE SECTOR SEES WEAKEST GROWTH SINCE 2010 The Institute for Supply Management’s non-manufacturing purchasing manager index came in at a disappointing 51.4 in August, 4.1 points below its July level. While American service industries expanded for a 79th consecutive month, the pace of expansion was the slowest since February 2010, and the monthly drop in the ...

Volatility Is Not Risk


  Lately, I keep hearing discussions about how low volatility in the stock market is. It's not without some merit, though. Volatility has been very low this summer: But let's not confuse volatility with risk.   What is risk? To the conservative investor, risk is a negative. To the opportunistic investor, risk is a factor to tolerate and accept. Whatever the perception of risk, ...

Weekly Economic Update


MODEST JOB GROWTH IN AUGUST Payrolls expanded with 151,000 net new jobs last month, according to the Department of Labor’s latest report. The jobless rate was unchanged at 4.9%, and the U-6 rate tracking underemployment remained at 9.7%. After the release of the data, Wall Street traders saw only a 21% chance of a September interest ...

NAAIM Exposure Index


NAAIM member firms, who are active money managers, are asked each week to provide a number which represents their overall equity exposure at the market close on a specific day of the week.

Responses are tallied and averaged to provide the average long (or short) position or all NAAIM managers, as a group.

The Things Most Likely to Kill Us


  What are the major risks to our lives? If we look at the statistics of what claims lives, some of our collective fears look unfounded. According to the Centers for Disease Control’s most recent tally, 614,438 Americans died of heart disease in 2014, and another 591,699 from cancer. Chronic lower respiratory diseases (not including the flu ...

Will Car Adaptors Be The Next Must Have Gadget?


  Will these plug-in adaptors become the next big thing? These devices look like an oversized USB thumb drive and plug into the On-Board Diagnostics (OBD-II) port found in most cars made after 1996. Some of these adaptors are already integrating with smart phones via a Bluetooth connection. This may open up a whole new market for app programmers. Next ...

Can Investing Change The World?


  Some millennials, Gen Xers, baby boomers and elders hope the answer is “yes.” Billionaires, like Bill Gates and Richard Branson, are pouring money into green business ventures and projects intended to improve education and the quality of life, and millions of other households are directing portions of their portfolios into socially responsible investments. Impact investing, ...