2025 Midyear Market Update: Navigating Volatility, Tariffs, and Global Opportunities (EP.212)
Release Date: 07/09/2025
Muni Bonds Explained: How To Incorporate Tax-Free Income With Investing For Retirement (EP.221)
The Long Term Investor
Municipal bonds can be a powerful tool for high-income investors, but only when used thoughtfully. In this episode, I explain how to evaluate muni bonds with tax-equivalent yield, the difference between general obligation and revenue bonds, and why I avoid state-specific and high-yield issues. I also share Plancorp’s implementation approach and give a market outlook on why munis remain attractive for retirement portfolios today. Listen now and learn: ► How to tell if municipal bonds make sense for your portfolio ► The key differences between types of muni bonds and what those...
info_outline
Can AI Keep Driving the Stock Market Higher? Callie Cox Explains (EP.220)
The Long Term Investor
Get updates for my new book: ----- AI has fueled massive gains for Big Tech, but can one sector really carry the market forever? In this episode, I’m joined by Callie Cox, Chief Market Strategist at Ritholtz Wealth Management, to explore the tension between Wall Street’s AI-fueled optimism and the realities of a slowing economy. We discuss what history teaches us about dominant companies, how to spot the difference between hype and durable innovation, and what long-term investors should really be watching. Listen now and learn: ► Why “the stock market is not the...
info_outline
Mutual Funds vs ETFs vs SMAs: Which is the Best For You? (EP.219)
The Long Term Investor
Check out the best podcast show notes on the internet at ----- Mutual funds, ETFs, and SMAs all give you access to the market — but the way they handle taxes, costs, and control can lead to very different outcomes. In this episode, I break down how each vehicle works, where it shines, and when it falls short. If you’ve ever wondered which is best for your portfolio, this is the episode you’ll want to hear. Listen now and learn: ► Why mutual funds can leave you paying for other investors’ decisions — and how ETFs and SMAs solve that problem. ► The key differences...
info_outline
How Evidence-Based Advice Adds Up to 3% In Net Returns With Fran Kinniry (EP.218)
The Long Term Investor
Not all financial advisors are created equal. Before you hire one, make sure you’re asking the right questions. Use my structured interview worksheet to compare advisors and avoid costly mistakes. . Vanguard’s Advisor’s Alpha framework just turned 25—and few people know its impact better than Fran Kinniry, the study’s original architect. In this episode, we explore how Advisor’s Alpha reshaped the value of financial advice, why its lessons are more relevant than ever, and what it means for investors today. Listen now and learn: ► The hidden costs that quietly...
info_outline
Reset Your Portfolio Expectations (Before It’s Too Late) (EP.217)
The Long Term Investor
Get updates for my new book: ----- Recently, I joined Jesse Cramer on The Best Interest Podcast for a conversation on volatility, investor behavior, and how to avoid overreacting to headlines. We unpack why market noise can distort long-term plans and what to do when your risk tolerance feels misaligned with your portfolio. Listen now to learn: ► Why volatility is a feature—not a bug—of long-term investing ► What to do if market drops reveal your portfolio isn’t right for you ► How global diversification helps even when it feels like a drag ► How narratives—not...
info_outline
The Power of Humility in Investing with Dan Rasmussen (EP.216)
The Long Term Investor
Get updates for my new book: ----- Dan Rasmussen, author of The Humble Investor, joins me to unpack the overlooked superpower of humility in investing. We discuss why market forecasts often go wrong, how overconfidence fuels financial mistakes, and where conventional wisdom can lead investors astray. Dan also reveals the hidden risks in popular private market strategies. Listen now and learn: ► Why humility can help investors navigate market volatility. ► The misunderstood truth behind value investing. ► The risks investors overlook in emerging markets. ► What most...
info_outline
Why Tax Benefits Shouldn’t Drive Your Investment Decisions with Adam Cmejla (EP.215)
The Long Term Investor
See exactly how I invest my own money. I break down my asset allocation, cash reserves, and why I keep my portfolio simple. . ----- I recently joined the 20/20 Money podcast to explore Opportunity Zones—investment vehicles known for their attractive tax benefits, but often misunderstood risks. As we dissect several real-world scenarios, I share a concept from my upcoming book, The Perfect Portfolio, that offers listeners a practical tool to evaluate any tax-driven investment decision. Listen now to learn: ► How Opportunity Zones work—and why their tax benefits come with...
info_outline
The Wealth Ladder: How Income, Spending, and Happiness Are Connected With Nick Maggiulli (EP.214)
The Long Term Investor
Most financial mistakes happen because people don’t see the full picture. My Net Worth Worksheet helps you track everything in one place—so you stay informed. . ----- In this episode, Nick Maggiulli, author of the acclaimed finance blog Of Dollars and Data, joins me to unpack his groundbreaking new book, The Wealth Ladder. We dive into fresh insights on how your financial strategy should evolve as you climb from one wealth level to the next. Nick reveals eye-opening rules and practical frameworks to help you spend, save, and invest smarter, no matter your current financial position....
info_outline
Why Is the U.S. Dollar Declining—and What Does It Mean for Investors? (EP.213)
The Long Term Investor
----- In this episode, we explore one of 2025’s most surprising financial trends: the significant decline of the U.S. dollar and the remarkable outperformance of international equities. Join host Peter Lazaroff as he breaks down exactly why the dollar weakened, how currency fluctuations directly impact your investment returns, and what this means for your long-term investment strategy. Listen now and learn: ►Understand how currency movements impact your portfolio ► Learn why analyst predictions about the dollar missed the mark ► Discover the economic trends influencing...
info_outline
2025 Midyear Market Update: Navigating Volatility, Tariffs, and Global Opportunities (EP.212)
The Long Term Investor
Access my recorded quarterly webinar by . Get an inside look at what’s shaping my thinking, plus see what I’ve been reading about investing and financial planning. ----- In this midyear update, Peter reviews the key trends shaping markets, politics, and the global economy in 2025. He covers market volatility sparked by tariff announcements, explains why international stocks are leading the charge this year, and provides a deep dive into opportunities within corporate and municipal bond markets. Listen to learn: ► Why U.S. markets experienced dramatic swings—and what it...
info_outlineAccess my recorded quarterly webinar by signing up for my newsletter. Get an inside look at what’s shaping my thinking, plus see what I’ve been reading about investing and financial planning.
-----
In this midyear update, Peter reviews the key trends shaping markets, politics, and the global economy in 2025. He covers market volatility sparked by tariff announcements, explains why international stocks are leading the charge this year, and provides a deep dive into opportunities within corporate and municipal bond markets.
Listen to learn:
► Why U.S. markets experienced dramatic swings—and what it means for investors.
► How international diversification has benefited portfolios in 2025.
► Key insights into corporate and municipal bonds in a shifting economic landscape.
► Actionable takeaways to help you stay disciplined and focused on your long-term investment plan.
Tune in to better understand the forces influencing your investments and how to confidently navigate the second half of 2025.
Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.
Disclosure: This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.
The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Plancorp LLC employees providing such comments, and should not be regarded the views of Plancorp LLC. or its respective affiliates or as a description of advisory services provided by Plancorp LLC or performance returns of any Plancorp LLC client.
References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.
Please see disclosures here.