“Financial advisers generally know how to minimize taxes from investing but are not qualified for more technical matters,” says Rogovy.
Asher Rogovy, chief investment officer of Magnifina, reportedly estimates that 40% to 50% of the index’s value is tied to companies riding the artificial intelligence theme.
Asher Rogovy, chief investment officer of Magnifina, estimated that 40% to 50% of the S&P 500’s market value is now concentrated in companies tied to AI, warning that the dot-com bubble featured similar levels of index concentration.
“Traditionally, 20 to 30 individual stocks provided ample protection against company-specific risk. Today, an estimated 40% to 50% of the S&P 500’s market value sits in companies tied to a single theme: AI,” Rogovy said.
“With stock valuations near record levels, and relatively high interest rates, there’s a compelling argument to consider allocating more to bonds, not less,” says Rogovy.
“[The fee-only model] is based on impartial advice for a fee on assets in order to minimize conflicts of interest that arise from commissions,” said Asher Rogovy, Chief Investment Officer at Magnifina, LLC. “AUM fees keep incentives aligned. Advisors are paid more when the client’s portfolio grows, and less when it shrinks.”
“It’s less likely that someone would have excess 529 funds and a student loan balance, because it makes sense to spend funds before borrowing,” Rogovy said in an email to The Independent.
“Since the rules dictate what the funds must trade and when, their market activity is very easy to predict,” said Asher Rogovy, chief investment officer at Magnifina, LLC.
“When done correctly, investment management is a holistic process that analyzes the investor’s financial situation, needs, goals and even ethics,” says Asher Rogovy, chief investment officer of Magnifina, LLC
“[A 401k] match is tantamount to an instant 100% return, and it would be extremely rare to outperform this with other investments,” said Rogovy.
