How momentum investing works, what are some of the challenges in implementing it, and how can individuals use momentum in their investment portfolios. Topics covered in this episode include: What is momentum investing and why does it theoretically deliver excess return.Why do momentum strategies suffer through periods of horrendous losses.Why high trading costs and selling a position can be challenges to successfully implementing momentum strategies.What are examples of momentum oriented funds and ETFs.How momentum can be used for making asset allocation decisions and adjusting portfolio risk.Thanks to The Great Courses Plus and Netsuite for sponsoring the episode. For show notes and more information on this episode click here. [0:18] Momentum investing consistently outperforms the market.[5:04] Why does momentum investing work?[7:31] The three challenges of the momentum investing phenomena.[12:50] What happens if investor behavior changes?[14:24] Tactics for implementing momentum into your own portfolio.[20:02] Using dual momentum to move in and out of asset classes.[23:55] Utilizing momentum investing as a swing vote.[28:01] How David uses momentum investing in his portfolio.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What are negative interest rates, why they could come to the U.S. and what investors can do about it. In this episode you will learn: How negative interest rates are even possible.How longer life spans, central bank actions, changing time preferences and the FIRE movement are contributing to negative interest rates.What is the paradox of thrift.How investors can earn a positive return on bonds even if interest rates are negative.What are some indicators to watch for that could signal imminent negative interest rates in the U.S.How individuals need to adjust their lifestyles in an era of negative interest rates. Thanks to Peloton and The Great Courses Plus for sponsoring the episode. For show notes and more information on this episode click here. [0:20] Germany government bonds go negative for the first time.[2:38] Understanding savings: the paradox of thrift. [6:35] The concept of the individual choice and the perceived expense of saving. [11:05] The savings glut could lead to negative interest rates in the U.S.[14:40] Three reasons one would invest in negative-yielding bonds. [18:38] Central banks are influencing the spread of negative-yielding bonds.[20:29] What could happen to the U.S. economy if interest rates fell.[22:11] Three factors David is looking at for an indication of falling interest rates.[25:49] What we can do if U.S. interest rates go negative.  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.