With the market hitting all-time highs and another round of rate cuts on the horizon, the common denominator is the diminishing value of the dollar. Charlie and Peter discuss this topic before making good on their promise from last episode, sharing their thoughts on how to avert a debt crisis (spoiler alert: the answer isn’t taxes). They close with their perspective on mass media influence and discuss the election’s potential impact on the market. Is it a signal or just noise?

Baseball playoff banter sets the stage for investment advice from Charlie and Peter, where they outline five critical tips for investors to punch above their weight: starting early, generating tax alpha, owning assets, avoiding trends and extending time horizons. They also discuss the U.S. national debt and the impact of AI before educating viewers on tight credit spreads, ultimately determining whether they’re a signal or just noise.

In this episode, Charlie and Peter explore the widespread economic ripple effects of the dock strike, which could have cost the U.S. economy up to $4.5 billion per day. The real issue isn't compensation — it's job automation, a disruption that could reshape the industry in the long run. They also dive into the Fed's rate cut, housing market shifts and why America can't sustain a "two-economy" divide. They close with insights from the book Die With Zero and tackle the big question of whether picking stocks based on presidential candidates is a signal or just noise.

But has it? This famous quote gets challenged by Charlie and Peter as they discuss the importance of maintaining a diversified portfolio and avoiding attempts to outsmart the market. Plus, with the presidential election looming, they discuss the historical relationship between administrations and market performance, including why it doesn't matter which party wins. The episode wraps up with a look at whether the recently ended longest yield curve inversion in history is a signal or just noise. 

Do you know the number one way Americans become millionaires? Charlie Bilello gets Peter Mallouk’s insider take on this topic and on a couple of recent tweets, leading to an economic lesson and a lively discussion about communism, food prices and taxing the wealthy. They conclude by considering the record U.S. household allocation to stocks — is it a signal or just noise?

There’s an elephant in the room that keeps growing — but no one wants to talk about it. On this episode of Signal or Noise, Charlie Bilello and Peter Mallouk discuss the $35 trillion national debt, which Peter views as the biggest threat to the U.S. economy and Western civilization. They also cover concentrated stocks and eliminating taxes on tips and Social Security income before wrapping up with a signal or noise on the VIX.

With all that’s happening in the market, you’ll want to tune in to this episode of Signal or Noise as Charlie Bilello and Peter Mallouk share how long-term investors can embrace panic. They also cover the impending rate cut, a costly rollover mistake and a new topic to show — love, marriage and bank accounts. They end with a signal or noise you may be familiar with: using bonds as a hedge. 

Is Now a Good Time to Rebalance?

Gaining an awareness of cognitive biases is just the first step. Overcoming these biases is the real challenge — don’t let them negatively impact your investment success! Join Peter Mallouk and Charlie Bilello as they explore these biases as well as their impact, why investors often fall prey to them and practical solutions for overcoming them. Additionally, learn about the latest changes in 401k savings that could affect your financial planning.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

Would you keep a 401k payout if you weren’t the intended beneficiary? Peter and Charlie share the story of a seven-figure signature and the lesson we can all learn from it in this episode of Signal or Noise. They also discuss seven key insights from the pioneer of index fund investing, "Saint" Jack Bogle, and provide data to help you navigate your investments during an election year.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Request your FREE Wealth Path Analysis here:  https://creativeplanning.com/charlie/Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

A new survey shows many Americans aren’t feeling positive about the economy, the stock market or employment — but the data tells a different story. Join Peter and Charlie as they discuss why perception and reality aren't matching up. They also explore some recently proposed tax incentives for home buyers and the implications such policies would have on the housing market. Plus, get insights into the resurgence of meme stocks and more in this episode of Signal or Noise.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

Warren Buffett earned an estimated $10 billion dollars from investments he made during the global financial crisis in 2008. How did he achieve such remarkable success? Join Peter and Charlie in episode 26 of Signal or Noise as they uncover ten insightful lessons investors can learn from the "Oracle of Omaha." They also explore why negativity often fuels online media consumption and whether "Dr. Copper" reaching an all-time high is a signal or just noise.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

With the Federal Reserve signaling a prolonged period of higher interest rates, Peter and Charlie assess the potential ramifications for investors on this episode of Signal or Noise. They also discuss the growing national debt and its impact on taxation policies, delve into the risks associated with long-duration bonds and analyze the unprecedented correlation between stocks and bonds.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

The amount of money Americans believe they need for retirement has markedly increased in recent years. Peter and Charlie delve into historical data from the Great Depression to the dot-com bubble, demonstrating that a diversified portfolio can withstand even the most difficult periods of market turbulence. They also explore America's fascination with the lottery, drawing parallels between gambling and risky investments, and share their insights on the recent stock market pullback.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

In a soaring market, are we truly in a stock picker’s paradise? Join Peter and Charlie as they discuss the series of all-time market highs we witnessed in quarter one, examining pivotal insights from Tesla’s and Apple’s performance data. They also delve into the Federal Reserve’s potential rate cuts and the looming shadow of national debt. Plus, don’t miss Charlie’s vision to simplify tax returns on episode 23 of Signal or Noise.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

You may be surprised to learn that most millionaires come from families with average or below-average income and built their wealth independently. On episode 22 of Signal or Noise, Peter and Charlie discuss five common misconceptions about millionaires that may be keeping you from building wealth. They also share helpful tax tips, provide insights around retirement withdrawals and delve into the National Association of Realtors’ recent settlement. Lastly, they provide perspective on the current unemployment rate and what it may mean for the economy in 2024.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

Join Peter and Charlie on Episode 21 of Signal or Noise as they delve into the contentious issue of minimum wage — they may not see eye to eye, but they both agree a $50 per hour minimum wage isn’t the answer. They also discuss lessons investors can take away from Japan’s first all-time market high since 1989 and have a candid discussion around the great retirement wave. Lastly, Peter and Charlie explore record market concentration and consider whether this is a signal or merely a sign of the continued dominance of large caps over small caps.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

Did you tune in for football, commercials or Taylor Swift this past weekend? Peter and Charlie discuss some interesting financial stats surrounding this year’s big game on episode 20 of Signal or Noise. They also share insights on equity return trends as well as opinions on the outlook for Nvidia and the S&P 500’s positive streak. Lastly, they provide some perspective on purposeful positivity and productivity.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

Investing seems complicated, but it doesn’t have to be. In this episode, Peter and Charlie break down some of the most important financial concepts from Peter's latest book, "Money, Simplified." These include the fear of new all-time highs, the benefits of passive portfolio engagement and indexing, and the negative impact of confirmation bias. Lastly, they examine three lessons investors can learn from the latest bear market.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Purchase Peter Mallouk's latest book referenced in the episode — Money, SimplifiedImportant Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

While Costco is selling out of gold bars due to persistent fears of an economic apocalypse, Peter and Charlie help listeners understand why gold is unlikely to be the best long-term investment strategy. They also discuss the hidden opportunity cost of cash and debate whether the Federal Reserve should start cutting interest rates in March. Lastly, they examine the intriguing link between government corruption and stock market performance, with a focus on China’s market dynamics.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

While many would like to predict what the markets will do in 2024, it’s just not possible. Peter and Charlie suggest ditching predictions and offer four focused resolutions for investors to consider not just in 2024 but for life. They also discuss the importance of building habits in making personal resolutions for the new year and highlight two of their favorite books lately. Lastly, they touch on the growing national debt and explore whether there’s any meaningful signal in the huge market returns observed in November and December.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

Throughout his long life, Charlie Munger gave us invaluable insights and principles that will stand the test of time. Join Peter and Charlie as they explore their top 10 lessons learned from Munger, offering a guide on how to leverage his wisdom to elevate your own success. From unraveling the first rule of compounding to appreciating the pivotal role of luck, don’t miss out on these pearls of wisdom. Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

The past year in the markets can be boiled down to one phrase: expect the unexpected. Throughout 2023, unforeseen events have unfolded, and Peter and Charlie guide us through the pivotal ones while illustrating the folly of forecasting. Additionally, they discuss Charlie Munger's "secrets to a happy life" and how income and wealth can influence levels of happiness. Lastly, they decipher whether there's any signal in the low consumer sentiment and small-cap underperformance we've seen lately. Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

In today's financial landscape, investors often find themselves grappling with numerous uncertainties. Are drawdowns a cause for concern? Is the traditional 60/40 portfolio still viable? And what's the smarter choice between homeownership and renting? Join Peter and Charlie as they provide insights and data to address these pressing questions. Additionally, discover Peter's most recommended book of all time, sharing wisdom that transcends the world of finance. Click on the link to hear Peter’s interview on the Tim Ferriss podcast: https://podcasts.apple.com/sk/podcast/356-peter-mallouk-exploring-the-worlds-of/id863897795?i=1000427869097  What does it take to become a successful long-term investor? Peter and Charlie have the answers in this week’s episode. They discuss why cash is a lousy investment, the importance of proper diversification, how to leave fear and uncertainty in the past and much, much more. Don’t miss this special episode recorded in front of a live audience of Creative Planning clients!Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

It goes without saying that our emotions (such as fear and greed) often get the better of us. But how do they lead investors to underperform the very funds in which they’re invested? Peter and Charlie explain this concept and much more, including our exploding national debt, the case for indexing, and why the next decade is likely to look different than the last one. Plus, is IPO activity a signal or just noise?Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

It goes without saying that our emotions (such as fear and greed) often get the better of us. But how do they lead investors to underperform the very funds in which they’re invested? Peter and Charlie explain this concept and much more, including our exploding national debt, the case for indexing, and why the next decade is likely to look different than the last one. Plus, is IPO activity a signal or just noise?Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

What does it take to become a successful long-term investor? Peter and Charlie have the answers in this week’s episode. They discuss why cash is a lousy investment, the importance of proper diversification, how to leave fear and uncertainty in the past and much, much more. Don’t miss this special episode recorded in front of a live audience of Creative Planning clients!Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

Various studies have shown that people make optimal financial decisions in their early 50s. Charlie and Peter discuss why that might be and why financial education earlier in life is more critical than ever. Plus, why long-term investors should ignore market calls from people like Michael Burry (of “The Big Short” fame) and a cautionary tale about investing in meme stocks. Finally, chatter is picking up about the 2024 presidential election. Does it matter which party is in power when it comes to your portfolio?Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

Becoming a millionaire may take less work than you think — especially if you’re an investor with a long time horizon. Learn how to reach the million-dollar milestone with Peter and Charlie’s 10 simple steps. Plus, the tradeoffs of taking Social Security too early, why people do it and how you should think about your claiming strategy. And finally, the equity risk premium is the lowest it’s been in years — a signal or noise?Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

The VIX is down, the S&P and NASDAQ are up, and lots of market strategists who called for a bear market in 2023 have been left scratching their heads. What’s a savvy investor to do amid this backdrop? Charlie and Peter have the answers. Plus, why you (probably) shouldn’t go to cash instead of investing and a critical look at our elected officials’ involvement in the stock market.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

The first half of 2023 has brought many surprises for investors, including the recession that never came, a hawkish Fed, and much more. Tune in to hear Charlie and Peter’s take on what these surprises tell us about the state of the markets and economy. Plus, how Taylor Swift is boosting the economy one record-breaking show at a time, and if the 10-year Treasury yield is a signal or noise.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

Peter and Charlie tackle timeless financial planning questions: How much do you really need to retire? Does money buy happiness? Plus, don’t miss their enlightening discussion about the Supreme Court’s latest rulings regarding student loan forgiveness and affirmative action. Finally, is the GDP a signal or is it just noise? Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

In this episode, Charlie and Peter delve into why your investing strategy shouldn't change whether we're in a bull or bear market and why you should avoid falling in love with winning stocks. Plus, are analyst forecasts useless, and is investor sentiment a signal or just noise?Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what’s happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

On this episode, Charlie and Peter delve into the allure of picking single stocks like NVIDIA that show a run of outperformance, why it’s ultimately a flawed approach for the long-term investor and what to do instead. Plus, is the VIX a signal or is it just noise?Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what's happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]

In this episode, Charlie Bilello and Peter Mallouk discuss debt default fears, what they think is the best long-term investment (hint: it's not real estate) and just how big Big Tech has gotten.Which financial headlines are signals of something bigger, and which are just noise you should tune out? Creative Planning Chief Market Strategist Charlie Bilello and President & CEO Peter Mallouk break down what's happening in the markets and economy and let you know which headlines you should actually be paying attention to. Come for the approachable analysis and entertaining conversation. Stay for the sharp insights. Become a more informed investor.Important Legal Disclosure: creativeplanning.com/important-disclosure-information/Have questions or topic suggestions? Email us @ [email protected]