In the Media

“Commodities don’t produce anything the way traditional investments do (i.e., profit, dividends, rent),” says Asher Rogovy, Chief Investment Officer for Magnifina
That salt shaker on your table isn’t worth very much now, but ancient cultures used salt as a form of money, said Asher Rogovy, CIO of Magnifina, an SEC-registered investment advisor.
Given how concerned Americans are about inflation, further government stimulus is unlikely.
“We’ve chosen Schwab as our primary custodian,” said Asher Rogovy, the chief investment officer at Magnifina, LLC, an investment advisory firm.
Start practicing early. Investing is a skill that requires time and practice to master. From an investment research perspective, the only difference between a small trade and large trade is a couple of zeros.
“I’m always amazed how many people forget that ordinary stocks are an inflation hedge over the long-term. Spikes in inflation and interest rates can certainly harm stock returns in the short run, and many investors in the 70s remember this well. But stock shares represent a real and productive asset. If prices rise, so too should revenue.”
Telehealth stocks are companies that help patients access healthcare remotely. And this category has emerged as an exciting new frontier when it comes to healthcare stocks, says Asher Rogovy, chief investment officer at Magnifina.
“Startups are understood to be unprofitable by most accounting standards because they’re reinvesting back into their business,” says Asher Rogovy, chief investment officer at Magnifina.
“We’ve chosen Schwab as our primary custodian. Because so many major brokerages offer $0 commission and robust liquidity, we look to customer service. Schwab’s team is outstanding, and when it comes to your money, you shouldn’t settle for anything less."
Beware of double fees. “Because ETFs and mutual funds charge their own management fees, these clients are essentially paying two different advisors,” said Rogovy. “Funds charge fees on the backend, so investors might not realize they’re paying these fees.”
“Derivatives aren’t for beginner or casual investors. Because they are essentially bets, Wall Street does a very good job of making sure they are accurately priced,” notes Rogovy.
“It’s in the interest of both parties that the value of the securities remains stable so the lender doesn’t have to liquidate them,” says Rogovy.
“These posts are filled with disinformation, propaganda, and nonsense. Many posters explicitly say to ignore market data contrary to their thesis,” says Rogovy.
“Ideally, an investment portfolio generates predictable income for retirement, but it’s not strictly necessary. Instead, active investors could sell profitable assets to fund retirement expenses. But this requires discipline and most retirees would rather just relax.”
“AMC and other movie theaters, such as Cinemark Holdings and IMAX Corporation, will have to innovate in order to justify higher stock valuations.”
“Fraudsters may be emboldened to make false claims on anonymous internet forums,” Rogovy said. “I never fully trust any information that doesn’t come with a face and a name.”
Asher Rogovy is the Chief Investment Officer at Magnifina, LLC, a New York-based investment advisor that takes a long-term view with their client’s portfolios. “Inflation is when prices rise, and this includes asset prices. Over the long-term stock prices rise along with inflation, as do other investment assets."
Says Rogovy, “In the US, the central bank does not pay debt with the money it creates. Rather, it lends money at its targeted interest rate and the private sector employs that capital more productively. The money created is paid back, which is a crucial reason this monetary policy doesn’t produce hyperinflation.”
“Much of the market analysis seen on WallStreetBets continues to rely on misinformation or disinformation and stale data,” says Rogovy, chief investment officer of New York City-based Magnifina.
According to Asher Rogovy, chief investment officer for investment management firm Magnifina: “There’s evidence to me that there were institutional traders on the buy-side of this posing as small investors on Internet forums.” Read full article