In the News

Asher Rogovy, chief investment officer at Magnifina, says the USDX also has some shortcomings that investors should understand.
October 10, 2022
“I’m always surprised how often investors forget that plain old stocks hedge against inflation over the long term,” says Rogovy.
August 24, 2022
For Asher Rogovy, the biggest concern investors should focus on right now is the actions of Tesla’s senior executives. “Over the past 12 months, insiders have sold over $25 billion in shares.”
August 24, 2022
“Tech stocks showing positive earnings and cash flow tend to be less volatile in a bear market.”
April 21, 2022
Asher Rogovy, chief investment officer of Magnifina LLC, suggests that a multi-unit property may be more suitable as an investment than a small one. “More rental income helps amortize custodial fees,” Rogovy says.
March 28, 2022
“Commodities don’t produce anything the way traditional investments do (i.e., profit, dividends, rent),” says Asher Rogovy, Chief Investment Officer for Magnifina
March 28, 2022
Given how concerned Americans are about inflation, further government stimulus is unlikely.
January 18, 2022
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.
January 18, 2022
“We’ve chosen Schwab as our primary custodian,” said Asher Rogovy, the chief investment officer at Magnifina, LLC, an investment advisory firm.
January 18, 2022
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.
November 30, 2021
“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.”
November 11, 2021
“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.
September 14, 2021
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.”
September 7, 2021
“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.
July 23, 2021
“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.
July 20, 2021
“These posts are filled with disinformation, propaganda, and nonsense. Many posters explicitly say to ignore market data contrary to their thesis,” says Rogovy.
June 29, 2021
“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.”
June 18, 2021
“AMC and other movie theaters, such as Cinemark Holdings and IMAX Corporation, will have to innovate in order to justify higher stock valuations.”
June 11, 2021
“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.”
April 21, 2021
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. He explains rising inflation and equity price risk this way, “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. The key here is long-term, because inflation may cause short-term volatility in stock prices. Stock prices are sensitive to interest rates, which are affected by inflation expectations.” Rogovy further explains that this isn’t the 1970s economy, ”Anyone investing during the 1970s remembers the damage caused by the oil crisis. In this case, persistent inflation held stock prices down for a long time. However, today’s economy is structurally different. In the 1970s, many manufacturing stocks were hurt as the cost of energy rose which cut profit margins. Today’s service-based stocks are less sensitive to input prices.”
March 16, 2021