The Sunday Ride #8 - Bank of America's Crypto Bible (REPORT & VIDEO)
The Sunday Ride brings a collection of Investment Research and Financial Independence topics for Long Term Investors with the aim of providing you the very best reads.
To be enjoyed with your Sunday post-ride coffee.
While rebalancing your portfolio, learn how the markets work and get the highest quality insights from Wall Street and Main Street.
Unlike the rest of Bankeronwheels.com, this series is provided without much additional guidance.
As usual, everything is to be used at your own risk.
DASHBOARD - STATE OF PLAY
CURRENCY-ADJUSTED 2021 Performance
Realised Inflation has never been so high with Interest Rates so low.
Although I find Michael Batnick’s analysis somewhat misleading given he compares realised (over past year) inflation to forward interest rates (kind of comparing apples to oranges), but it’s worth highlighting nevertheless what exceptional year it has been and how low rates are.
β - THE LONG GAME
This section is dedicated to research on what really matters in the Long Run (aka the 90% of your Portfolio). Read about Asset Allocation and explore Index Investing Research.
Is Vanguard the best ETF Provider? – Banker on Wheels
Vanguard sees higher Inflation than expected by FED and Markets – Vanguard Research
Outside of relying on good asset managers, remember the importance of choosing a safe Stock Broker – Banker on Wheels.
Q4 2021 Guide to Markets – JP Morgan
Deglobalization myths – Vanguard Research
Buy the Dip vs. Follow the Plan (Visual Capitalist & Morningstar)
Connection between asset prices and inflation
1/— 10-K Diver (@10kdiver) August 28, 2021
Get a cup of coffee.
In this thread, I'll walk you through the various connections between asset prices, interest rates, and inflation.
As an investor, it's useful to have a mental picture of how these pieces affect -- and are affected by -- one another. pic.twitter.com/EnnF6OVXNN
The cost of a big mac around the world (Eegli & The Economist)
α - PUNT RESPONSIBLY
This section is dedicated research related to improving your knowledge about capital markets. If you decide to sin, then sin only a little. Combined active bets should be, at best, a tiny fraction of your portfolio. Remember that most crypto assets do not generate yield, are not investments but rather portfolio diversifiers and will remain highly volatile.
Global Factor Investing Study – Invesco
The Impact of ESG Scores on Asset Prices – Alpha Architect
Are Stock Markets Becoming More Correlated? – Factor Research
Is Small-Cap Value Dead? – Evidence Investor
Large European Institutions are buying into crypto
Digital Assets Primer – Only the first Inning (Crypto Bible) – Bank of America
Ethereum Investor Guide – Standard Chartered
Exposing Tether, Bitcoin’s Biggest Secret (VIDEO) – CoffeeZilla
Video Summary of Bank of America's 'Crypto Bible' (Coin Bureau)
Could Stablecoins cause the next Financial Crash? (Pension Craft)
ACTIVE INVESTING - ORBITUARY
When you play with fire, you can get burned. This section is a stark reminder of what can happen when engaging in active investing, even as a professional.
This section is dedicated to UK and European Index Investing. It can also touch on other jurisdictions outside the Euro-zone.
State Street and Invesco are in talk to merge.
In Europe, the Invesco-SSGA giant would enter the race for the third-largest ETF issuer and benefit from economies of scale, including deeper liquidity and combined marketing and distribution efforts.
A State Street, Invesco deal would provide ‘critical mass’ to take on BlackRock – Financial News London
Jacobi AM launched the world’s first physically-backed Bitcoin ETF. Don’t hold your breath though – the minimum amount is $100,000 and it carries a 1.5% fee!
Jacobi receives approval for “world’s first tier one” bitcoin ETF – Funds Europe
We have launched the Book Review section, where Kat & I rate some of the most interesting reads related to Financial Independence, Personal Finance and Investing.
- The Simple Path to Wealth – Your roadmap to Financial Independence and Rich, Free life (Including the concept of F-You Money) by JL Collins
- The Millionaire Next Door – The Surprising Secrets of America’s Wealthy by Thomas J. Stanley and William D. Danko
- Invest Your Way to Financial Freedom – A simple guide to everything you need to know by Ben Carlson and Robin Powell
This section is dedicated to the FIRE Lifestyle Movement and Cycling Topics (bikepacking, touring and useful reviews)
Financial Independence & Early RetiremenT
40% of Employees will leave their job in next 3-6 months often without a new job lined up (McKinsey)
The Great Resignation Stories – Buzzfeednews
What makes a job meaningful? – Brookings Institute
The biggest opportunity of 2021 – Banker on Fire
Is $1 Million Enough for Retirement in America? – The Visual Capitalist
Momentous – Indeedably
The case for Anti-Optimization – Happily Disengaged
CYCLING TIBET - AN INSANE DAY FROM MY DIARY
Tibet was the most rewarding part of all my cycling adventures, not only because of physical challenges. Spiritual Tibet played a big role.
This region is also the heartland of Nuclear China and a place with extensive minorities including Hui Muslims and Tu Mongols whose ancestors served in Genghis Khan’s army.
Cycling Tibetan heartland – Banker on Wheels
Last month I mentioned the tragic death of my cycling inspiration. The NYT also wrote about it.
Iohan Gueorguiev, ‘Bike Wanderer’ of the Wilderness, Dies at 33 – New York Times
Midlife Cycling Performance – Road CC
Machete-wielding moped gang terrorising cyclists in Richmond (Boris Bike is safer) – Standard
Good Luck & keep’em* rolling!
(* Wheels & Dividends)
BROWSE ALL RESOURCES
All information found here, including any ideas, opinions, views, predictions expressed or implied herein, are for informational, entertainment or educational purposes only and do not constitute financial advice. Consider the appropriateness of the information having regard to your objectives, financial situation and needs, and seek professional advice where appropriate. Read our full terms and conditions.