There are financial opportunities in Latin America, silver and more and today we are going to share them with you! We also talk holiday shopping trends and the struggles of retailers in our current economy. We also dive into “confuse-opoly” industries like furniture, mattresses, and healthcare where pricing is intentionally opaque, share personal experiences with overpriced goods, and discuss how margins, supply, and consumer behavior shape retail dynamics. Today we discuss...
- Buying a new house and becoming newly attentive to pricing, noting how Black Friday sales have expanded so much that they no longer feel special.
- How holiday traditions and retail behavior have shifted, with Christmas decorations and sales appearing earlier each year.
- How perpetual discounts dilute the meaning of sales and reflect retailers’ struggles in a weakening, K-shaped economy.
- Constant “sale” pricing makes it impossible for consumers to know real value, especially in industries like furniture.
- We share anecdotes about mattress shopping and how identical products are given different names across stores to prevent direct price comparisons.
- Market charts prompt discussion on growth vs. value investing, highlighting value’s long-term underperformance and its historical cyclicality.
- We compare current market dynamics to the late 1990s tech bubble, noting similarities in speculation and skepticism toward value investing.
- Latin America’s unusually low valuations and strong relative performance this year are examined as a potential opportunity.
- Emerging markets often struggle with consistency due to currency issues, political instability, and uneven economic development.
- We emphasize the importance of evaluating assets in relative terms—stocks vs. dollars, gold vs. currencies, and region vs. region.
- How relative performance charts reveal where capital is flowing, using gold, silver, and mining stocks as examples of cycle progression.
- Copper miners’ potential breakout is highlighted as a key signal for commodity sector strength.
- Markets ultimately reflect where limited investor capital is being allocated at any given moment.
"Cash is not trash... Cash is King" - Kirk Chisholm
Subscribe & Download
Never miss out on a new episode! Subscribe using your favorite podcast app.
Sign up to be one of our Money Tree Ultimate Insiders. You will have instant access to new episodes, automatically have access to our monthly giveaways, and the potential to be a guest panelist on our show
Looking for a better way to invest? Consider Betterment.
It doesn’t cost much to start, and you get access to a portfolio built around your risk tolerance and your goals. Using Modern Portfolio Theory, pioneered by a Nobel laureate, Betterment can help you build wealth without getting caught up in the noise of the market.
Today's Guest: Kirk Chisholm
Kirk Chisholm is a Wealth Manager and Principal at Innovative Advisory Group, an independent Registered Investment Advisor located in Lexington, MA. He has been providing wealth management services to individuals, executives, entrepreneurs, and their families since 1999. He is an outside the box thinker, risk manager, inflation expert, blogger, podcaster, and all-around interesting guy. Kirk is dedicated to developing lasting relationships with all of his clients and their families. One of the benefits of working with Kirk is his patience, empathy, and his ability to provide clear and easy-to-understand explanations to complex financial topics.
Kirk developed a unique philosophy for the wealth management industry called Risk Management First. The medical field has a similar way of thinking of “first do no harm”. This philosophy focuses on risk management for clients in all aspects of their lives in ways the industry does not address. Risk management does not stop with investments. It also requires working closely with other professionals to address areas of their financial lives not currently being met.
In 2008, Kirk co-founded Innovative Advisory Group to address the needs not being addressed by the wealth management industry. It started with specializing in alternative assets held in retirement accounts (i.e. self directed IRAs/401ks). Then the company expanded into the specialization of college funding (i.e. planning, strategy, and paying the least possible for a high quality education), Risk Management First, exit planning for business owners, advanced planning (estate, tax, etc), and providing practice management and leadership training to other financial advisors, accountants and attorneys.
Kirk's Online Presence:
Today's Panelists
- Kirk Chisholm | Innovative Wealth
- Phil Weiss | Apprise Wealth Management