The Art of Spending Money

Most financial books will try to tell you how to accumulate money.

10 hrs ago • 

Jonathan Swanburg

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The Pullback That’s Always Coming

Wall Street CEOs Flag High Market Valuations, Pullback Risk

Nov 7 • 

Jonathan Swanburg

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October 2025

The Scary Side of Shorting Stocks

A client recently asked me why we don’t short stocks that are “obviously overpriced” so we can profit when their prices fall.

Oct 31 • 

Jonathan Swanburg

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Before You Convert to a Roth, Check the Math

If you are in or approaching retirement, you have probably heard about Roth conversions.

Oct 24 • 

Jonathan Swanburg

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Not Every Boom Is a Bubble

It seems like most investors I speak with define a market bubble as an extended period when valuations go higher, despite their gut feelings (and…

Oct 17 • 

Jonathan Swanburg

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When Diversification Isn’t What It Seems

“The four most dangerous words in investing are: this time it’s different.” – Sir John Templeton

Oct 10 • 

Jonathan Swanburg

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The Illusion of the Perfect Chart

Regardless of what story you are trying to tell, there is a chart that supports your case.

Oct 3 • 

Jonathan Swanburg

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September 2025

A Good Reason For Stocks to Go Higher

For this week’s note, I switched up the format and recorded a quick video reviewing two slides on the topic of US earnings growth.

Sep 26 • 

Jonathan Swanburg

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2:49

Three Articles About Trying to Beat the Market

The Hidden Costs of Chasing Returns, Income, and Safety

Sep 19 • 

Jonathan Swanburg

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Why Average Returns Don’t Matter For Private Investments

Much has been written about a recent executive order that allows alternative assets, such as private equity, private credit, and real estate, to be…

Sep 12 • 

Jonathan Swanburg

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The Strange Case of Muni Bonds in 2025

Municipal bonds, also known as "munis," are debt securities issued by a state, local government, or other public authority to finance public projects…

Sep 5 • 

Jonathan Swanburg

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August 2025

This Is How Smart People Get Scammed

Last year, a financial columnist for NY Magazine was scammed by someone claiming to be a CIA agent.

Aug 29 • 

Jonathan Swanburg

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