David Harrell, editor of Morningstar DividendInvestor newsletter, explains why some income-focused investors may skip adding two new dividend stocks, Meta and Salesforce, to their portfolios. Preston Caldwell, senior US economist for Morningstar Research Services, talks about why he expects more rate cuts than the Federal Reserve’s projections. Adobe’s Strong Q1 & Disappointing Forecast Do Salesforce and Meta Pay Dividends? Meta and Salesforce New Dividends What Can Meta and Salesforce Share...
Mar 22, 2024•20 min•Ep. 259
Tori Dunlap, the author of Financial Feminist, talks about why women should stop feeling guilty about their spending and why they should keep their finances separate from their partner’s. Her First $100K Loud Budgeting Why We Spend and How to Not Feel Guilty About It Should You Rent or Buy a Home? Women’s Economic Empowerment Financial Education as Protest Making More Women Rich How to Be Fearless When It Comes to Money Read about topics from this episode. The C-Suite Gender Pay Gap Persists. It...
Mar 15, 2024•24 min•Ep. 258
Mark Miller, author of Retirement Reboot , explains why Social Security benefits are taxable, and how a bill aiming to eliminate taxes on Social Security would pay for the program. Read more about these topics from this episode. Salesforce Earnings: Firm Declares a Dividend https://www.morningstar.com/stocks/salesforce-earnings-firm-declares-dividend Snowflake Earnings: Revenue Outlook Disappoints; New CEO Taking Over https://www.morningstar.com/stocks/snowflake-earnings-revenue-outlook-disappoi...
Mar 08, 2024•12 min•Ep. 257
Walmart shares are overvalued, but Nvidia and Home Depot are fairly valued. Warren Buffet’s Berkshire Hathaway released its 13F for Q42023, and only two ETFs were on it – one of them earns the coveted Gold rating. Walmart’s Q4 Exceeded Expectations Nvidia’s Stellar Quarter and AI Demand Home Depot Felt Macro Pressures in Q4 Berkshire Hathaway Releases Its 13F SPY and VOO People and Process Pillar Ratings Why Does Vanguard Have a Better Rating? Structural Differences Between SPY and VOO Outlook f...
Mar 01, 2024•18 min•Ep. 256
Maciej Kowara, strategist for Morningstar Research Services, and Alec Lucas, director of manager research for Morningstar Research Services, talk about what surprised them about their research about bond investments. Typical Bond Portfolio How to Create Portfolio Optimized for Best Risk-Adjusted Returns Sharpe-Optimized Portfolio Bank Loans and Corporate Bonds Why Should Investors Trust This Portfolio? Risk-Adjusted Portfolio vs. 60/40 Portfolio How Investors Can Use Our Research What Could Go W...
Feb 23, 2024•15 min•Ep. 255
Noah Rohr, equity analyst for Morningstar Research Services, explains how Walmart’s stock split will work, and what he’s looking for in the retailer’s earnings report. Sylvester Flood, senior product manager for Morningstar Inc, tells Ruth Saldanha, editorial manager for Morningstar Research Inc, why the demand for spot bitcoin ETFs is expected to grow. Disney’s Climbing Margins in Q1 Ford’s Cutting Costs After UAW Strike CVS 2024 Outlook Trimmed Walmart Stock Split Why Is Walmart Splitting Its ...
Feb 16, 2024•14 min•Ep. 254
Dan Wasiolek, a senior equity analyst for Morningstar Research Services, discusses the exciting opportunity to invest in gambling stocks. Larry Swedroe, author and Morningstar contributor, explains why chasing market performance and factoring in political beliefs into investing decisions can cost investors. Meta’s First Dividend Boeing on Pause for Quality Control Novo Nordisk’s Strong Sales in Q4 The Gaming Industry and Online Gambling Flutter on the NYSE FanDuel vs. DraftKings Online Sports Be...
Feb 09, 2024•16 min•Ep. 253
Interest rates could likely be coming down, we discuss when, and we also talk about how much an ETF costs. And as the Magnificent Seven results start to roll in, are some of these stocks a buy? 00:33 Tesla’s Slower Growth in 2024 01:37 Verizon’s Strong Q4 02:36 Netflix’s Booming Subscriber Growth 03:31 The Total Cost of Owning an ETF 04:19 Why Do the Costs of ETFs Vary? 04:49 How Should Investors Measure ETF Holding Costs? 05:39 Tracking Costs vs Tracking Error 06:21 What Are Transaction Costs? ...
Feb 02, 2024•16 min•Ep. 252
John Rekenthaler, vice president of research for Morningstar Research Services, discusses IBM’s 401(k) plan change and why many workers would want something similar. Nic Owens, an industrials equity analyst for Morningstar Research Services, talks about how Boeing’s 737 safety issues affect the company’s outlook and stock. Taiwan Semiconductor Manufacturing’s Improved Outlook Citigroup’s Disappointing Q4 BP’s New CEO IBM Retirement Accounts IBM’s Retirement Benefit Account vs 401(k) Match Plan W...
Jan 26, 2024•20 min•Ep. 251
Sarah Hansen, Morningstar Inc markets reporter, talks about different scenarios that could provide a boost to value investing in 2024. Bryan Armour, director of passive strategies research for North America for Morningstar Research Services, explains why spot bitcoin ETFs are the best option on the fund market for bitcoin investors. 00:45 BlackRock’s Earnings Surpassed Morningstar’s Expectations 01:48 Coinbase Benefits from Higher Trading Revenue 02:58 Should You Invest in Spot Bitcoin ETFs? 03:...
Jan 19, 2024•15 min•Ep. 250
Sean Dunlop, an equity analyst for Morningstar Research Services, talks about how some restaurants are using artificial intelligence to tailor their menus to customers’ tastes and whether tip-flation is here to stay. Tech and the Restaurant Industry Can AI Speed Up Tech Evolution? How Digital Adoption Can Grow Bottom Lines "Tipflation” Frustration Loyalty Programs Lead to Higher Customer Spending Social Media and Advertising Buzz Restaurant Industry Forecast for 2024 Restaurant Stock Opportuniti...
Jan 12, 2024•13 min•Ep. 249
Jack Shannon, a senior manager research analyst for Morningstar Research Services, explains why some active fund managers’ bets on their highest conviction stock picks paid off, but their portfolio performance may not have shown it. What is a “Big Bet”? Active Managers Are Increasing Their Big Bets Did Big Bets Help or Hurt Portfolios? Wagering and the Magnificent Seven Can Market Concentration Explain Big Bets? Best and Worst Bets Over the Last 25 Years Did Winning Stock Pickers Beat The Benchm...
Jan 05, 2024•17 min•Ep. 248
Tom Lauricella, Morningstar Inc’s global markets editor and Smart Investor newsletter editor, discusses some of this year’s biggest headlines including the Federal Reserve signaling an end to hiking interest rates, the bond market’s performance, and the AI boom. What to Expect from the Fed in 2024 Inflation and Housing Dropping Bond Yields The Magnificent Seven Stocks Nvidia Stock vs Cisco Stock Who Is Next to Benefit from AI? Outlook for Obesity Drug Stocks The Bond Market in 2023 2024 Outlook ...
Dec 22, 2023•13 min•Ep. 247
Sarah Hansen, Morningstar Inc markets reporter, discusses why optimism and worry loom over the holiday shopping season. Gregg Warren, strategist for Morningstar Research Services, talks about how Munger’s passing will impact Berkshire and his outlook for the company. He also shares one of his favorite quotes from the sharp-witted investing legend. Instacart’s Competition Lululemon’s Q3 Beats Morningstar’s Expectations Holiday Shopping Season and Consumer Spending Retailers’ Mood Sales Expectatio...
Dec 15, 2023•21 min•Ep. 246
With interest rates likely to stay on the higher side, investors should realize that there is money to be made in rates staying higher for longer, and we have three ETF picks that could help you do just that. Timestamps: Salesforce’s Strong Quarter Intuit’s Solid Top and Bottom Lines Snowflake’s Mixed Quarter Results What is Driving Interest in Active ETFs? Why Are There Such High ETF Flows? Are Active Investors Leaving Mutual Funds for Active ETFs? Advantages of Active ETFs Disadvantages of Act...
Dec 08, 2023•18 min•Ep. 245
Adam Fleck, director of research for ratings and ESG for Morningstar Research Services, explains why market-timing underperforms a hands-off strategy. Leslie Norton, editorial director for sustainability for Morningstar Inc., discusses what to expect at COP28 and the global push to net zero. NVIDIA’s Outstanding Fiscal Q3 Revenue Cisco’s Gloomy Full-Year Outlook Shopping Boosted Walmart’s Q3, But Uncertainty Remains Going into Holidays What Investors Should Pay Attention to From the United Natio...
Dec 01, 2023•22 min•Ep. 244
Margaret Giles, Morningstar Inc editor, discusses how to use HSA benefits and the 2024 HSA contribution limits. Greg Carlson, Morningstar Research Services senior manager research analyst, talks about who Morningstar has ranked the top HSA providers for spending and investing. What is an HSA? HSA vs. FSA HSA Limits Are Increasing in 2024 How To Maximize the Triple tax Benefit How to Switch an HSA Provider What to Look for When Shopping for a Health Savings Account Best HSAs for Spending Best HSA...
Nov 24, 2023•16 min•Ep. 242
Nic Owens, industrials equity analyst for Morningstar Research Services, discusses how Southwest is preparing to avoid another holiday travel meltdown, the airline industry’s outlook for ticket prices, and what travel stocks to check out. Uber’s Profit and Demand Cruised Ahead Roblox Reported Rise in Global Growth Kellanova Benefitted From Higher Prices Holiday Travel Season and North American Airlines How Southwest Airlines is Preparing for the Holidays What We Can Expect From Travel Demand and...
Nov 17, 2023•16 min•Ep. 243
Sarah Hansen, Morningstar Inc markets reporter, explains the new normal of bond yields and interest rates and where investors can find fixed-income opportunities. Adam Fleck, director of research for ratings and ESG for Morningstar Research Services, discusses how companies with union workers can compete against non-union firms. Apple’s Solid Fiscal Fourth Quarter Eli Lilly’s Diabetes Drug Lift in Q3 McDonald’s Is Resilient Under Inflation Pressure ‘Higher for Longer’ Era Tight vs. Loose Financi...
Nov 10, 2023•16 min•Ep. 241
Megan Pacholok, Morningstar Research Services senior manager research analyst, discusses BlackRock’s iShares target-date ETFs and how they compare to their mutual fund siblings. Amazon Impressed in Q3 Google Ad Rebound Lifts Alphabet Visa Benefits from Travel Bounce Back BlackRock’s Bring Back Target-Date ETFs Changes to the ETF Space What is BlackRock Offering? ETFs vs. Mutual Funds Can BlackRock’s Targeted ETFs Be a Part of 401(k)s? Is BlackRock Successful? Fed Focused on Higher for Longer, Bu...
Nov 03, 2023•13 min•Ep. 240
In today’s episode, Morningstar Research Services’ equities strategist Eric Compton talks about the U.S. banking sector after earnings, and we talk to Dave Sekera, the chief U.S. market strategist for Morningstar Research Services, about scary stocks. Tesla’s Q3 Took a Hit Netflix’s Strong Subscriber Growth United Airlines Predicts Airline Industry Changes 5 Scary Stocks What Makes These Stocks So Scary? What If You Own Scary Stocks The Year of Tech Supply Chain and XPO Stock Advertising and Con...
Oct 27, 2023•29 min•Ep. 239
Mark Miller, “Retirement Reboot” author, explains the differences between traditional Medicare and Medicare Advantage, and why timing is important when signing up for Medigap. Ryan Jackson, Morningstar Research Services manager research analyst, discusses how most actively managed funds outperformed their average passive peer over a 12-month period. itigroup Q3 Earnings Crushed Estimates Strong Travel Demand Lifted Delta’s Q3 Earnings Social Security and Medicare in 2024 The New Social Security ...
Oct 20, 2023•21 min•Ep. 238
Bryan Armour, director of passive strategies research for North America at Morningstar Research Services, discusses how investors and financial advisors are pushing down mutual fund and ETF fees. Fund Fees History Fund Flow Trends Falling Fund Fees What is Happening with Retirement Accounts? Is There a Shift in the Financial Advice Industry? Why Investors May Not See Savings What is a ‘Greenium’? Vanguard Wins Cheapest Average Fund Fees How Low Can Fund Fees Go? Two Fund Picks Read about topics ...
Oct 13, 2023•11 min•Ep. 237
Tax expert Ed Slott explains why following some tax advice on TikTok could lead to an IRS audit. Jack Shannon, Morningstar Research Services’ senior manager research analyst, pits the valuation of privately held ByteDance against publicly traded rivals Meta and Snap. How are Companies like ByteDance Valued? Why Valuations Matter ByteDance and Tech’s 2023 Rally TikTok, Meta, and Snap TikTok’s Business Risks The “Unicorn of all Unicorns” IRS Releases Memo About TikTok Trend Audit Warning What the ...
Oct 06, 2023•24 min•Ep. 236
Betsy Mayotte, founder of The Institute of Student Loan Advisors, explains the benefits of federal student loan repayment plans, and the loophole that makes Parent Plus loans eligible for the SAVE plan. New-Home Sales Have Remained Resilient FedEx Missed Morningstar’s Expectations Microsoft’s Activision Blizzard Buyout Student Loan Repayments and “The Institute of Student Loan Advisors” How To Prepare for Student Loan Payments Younger Borrowers vs. Older Borrowers Shifting Student Debt Risks of ...
Sep 29, 2023•22 min•Ep. 235
Also, why Morningstar thinks the Federal Reserve will cut interest rates earlier than projected. Dave Whiston, U.S. autos equity analyst for Morningstar Research Services, says the demands from the UAW strike could bankrupt the Big Three automakers. Apple’s Innovation in Q3 Smucker’s is Growing Its Snacking Portfolio Morningstar Expects More Deals from Disney An Unprecedented UAW Strike What are the UAW Strike Counteroffers? Advantages and Disadvantages of a Standup Strike Would Meeting the Stri...
Sep 22, 2023•23 min•Ep. 234
Morningstar Research Services’ Amy Arnott, portfolio strategist, and Gabe Denis, senior manager research analyst, discuss how the lines are blurring between robo-advisors and traditional financial advisors. Timestamps: What's a Robo-Advisor? Investor Benefits From Robo-Advisors Did 2022 Stand Up Against 2023? Tax Loss Harvesting Limitations of Digital Investment Advice Robo-Advice vs. Human Advice Robo-Advisor Fees The Best Robo-Advisors Advisors of 2023 Schwab Intelligent Portfolios Fidelity Go...
Sep 15, 2023•16 min•Ep. 233
In today’s episode, Morningstar Inc’s investment specialist Susan Dziubinski highlights three dividend stocks, while Kristoffer Inton, consumer equity strategist at Morningstar Research Services, talks all the latest developments in the cannabis space. Salesforce Soared Among the Clouds United Auto Workers Vote to Approve a Strike Best Buy’s Better Q2 Cannabis Stocks Slow Growth HHS Recommends Rescheduling Cannabis Canadian Cannabis Companies Cannabis Stocks Look Cheap Cannabis Stock Outlook Rea...
Sep 08, 2023•14 min•Ep. 232
In today’s episode, Russ Kinnel, director of manager research for Morningstar Research Services, talks about the 2003 mutual fund scandal that resulted in allegations of market-timing and late trading. He also discusses increased transparency and lessons for investors. Timestamps: 00:44 Will Investors Try Birkenstock on For Size? 02:04 NVIDIA’s Sky-High Performance 03:32 Mutual Fund Scandal’s 20th Anniversary 22:19 5 Stocks to Sell Before Labor Day Read about topics from this episode. Birkenstoc...
Sep 01, 2023•28 min•Ep. 231
Episode notes: In today’s episode, Tom Lauricella, Morningstar Inc’s chief markets editor, talks about the strong economy and where investors can find some opportunities. Timestamps: Earnings Season Trends Apple and Amazon Earnings What Did We See from the Banks in Q2? Key Trends and the U.S. Economy Will There Be a Recession? Inflation Trends Fed and Interest Rates Outlook Stock Market Outlook Near-Term Stock Outlook What Headwinds Could the Stock Market Face? Takeaways forrom 2023 Read about t...
Aug 25, 2023•13 min•Ep. 230
