Wealth Strategy

This episode explores market highs, valuation metrics like CAPE ratio, and investment strategies during peak markets. Experts discuss long-term investing, international diversification, and tactical approaches to market timing.https://retire.arcvest.comhttps://arcvest.comArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.Chapters:00:00 Investing at Market Peaks: A Psychological Dilemma02:44 Historical Data on Market Highs and Returns05:57 Understanding the Shiller-CAPE Ratio08:35 Long-Term vs Short-Term Investment Strategies11:46 Exploring International Markets for Investment14:18 Lump Sum Investing vs Dollar Cost Averaging17:19 Navigating Market Corrections and Psychological Factors20:17 Evaluating Alternatives to EquitiesOn this channel, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time.You’ll find clear explanations on topics like market volatility, index investing, retirement planning, fees, and the psychological traps that quietly derail portfolios. Our goal is to help you think better about money so you can make confident decisions in any market environment.ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor—not to sell hot takes or chase headlines.If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place.Learn more at arcvest.com

In this episode, Erik Cooper and Chad Fargason explore key financial concepts including inflation, tips, Fed policy, credit spreads, and the yield curve. They clarify how these factors influence investment strategies and portfolio risk, helping listeners understand the complexities of the economy and make informed decisions.https://retire.arcvest.comhttps://arcvest.comArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.Chapters:00:00 Understanding Inflation and Portfolio Risks06:40 The Role of TIPS in Inflation Protection13:18 Decoding Fed Policy and Interest Rates20:00 Exploring Credit Spreads and Their Implications25:44 The Yield Curve: What It Means for InvestorsOn this channel, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time.You’ll find clear explanations on topics like market volatility, index investing, retirement planning, fees, and the psychological traps that quietly derail portfolios. Our goal is to help you think better about money so you can make confident decisions in any market environment.ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor—not to sell hot takes or chase headlines.If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place.Learn more at arcvest.com

This episode covers the five key decisions that influence your retirement success, focusing on practical strategies like the 4% rule, social security timing, Roth conversions, account sequencing, and fee management. Hosted by Erik and Chad, it offers a comprehensive framework for retirement planning, emphasizing actionable insights and nuanced considerations.https://retire.arcvest.comhttps://arcvest.comArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.Chapters:00:00 Introduction to Retirement Planning03:13 Understanding the 4% Rule08:29 Claiming Social Security: Timing Matters12:20 Roth Conversions: When and Why?15:33 Navigating Account Sequencing20:34 The Importance of Managing Fees24:17 Recap and Final ThoughtsOn this channel, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time.You’ll find clear explanations on topics like market volatility, index investing, retirement planning, fees, and the psychological traps that quietly derail portfolios. Our goal is to help you think better about money so you can make confident decisions in any market environment.ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor—not to sell hot takes or chase headlines.If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place.Learn more at arcvest.com

In this episode, Erik Cooper and Chad Fargason explore the realities behind high-yield investments, private credit, and the myth of free lunches in investing. They dissect various asset classes, the risks involved, and how to build a disciplined, diversified portfolio.https://retire.arcvest.comhttps://arcvest.comArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.Chapters:00:00 Market turmoil in private credit: Wall Street's risky bets01:19 The no free lunch principle in investing explained02:11 How private credit funds have exploded in popularity02:57 The pitch: helping small businesses access credit04:12 The SaaSpocalypse: AI's impact on software valuations05:17 Market re-pricing and the uncertainty of AI's influence06:46 The decline in software business valuations08:10 Gates and liquidity issues in private credit funds10:35 The yield trap: why yield isn't always better14:09 Analyzing BDCs: high dividends but poor returns16:16 The reality of REITs: volatility and returns19:13 MLPs and energy infrastructure risks21:29 Asset allocation: owning broad market vs. sector bets22:57 Tax efficiency and the pitfalls of yield products25:41 The boring but effective strategy for building wealthOn this channel, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time.You’ll find clear explanations on topics like market volatility, index investing, retirement planning, fees, and the psychological traps that quietly derail portfolios. Our goal is to help you think better about money so you can make confident decisions in any market environment.ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor—not to sell hot takes or chase headlines.If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place.Learn more at arcvest.com

This episode explores the rapid advancements in AI, the implications of OpenAI's recent paper, and the potential economic and societal shifts. We discuss AI's impact on jobs, organizational structures, and the future of capitalism, offering insights for investors and entrepreneurs.https://retire.arcvest.comhttps://arcvest.comArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.Chapters:00:00 The AI Landscape: A New Era Begins02:49 OpenAI's 13-Page Paper: A Call for Regulation05:54 Economic Proposals: A Shift Towards Socialism?08:35 The Future of Work: Adapting to AI Disruption11:30 Skepticism and Optimism: Navigating AI's Potential17:12 Investing in an AI-Driven FutureOn this channel, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time.You’ll find clear explanations on topics like market volatility, index investing, retirement planning, fees, and the psychological traps that quietly derail portfolios. Our goal is to help you think better about money so you can make confident decisions in any market environment.ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor—not to sell hot takes or chase headlines.If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place.Learn more at arcvest.com

In this episode, Erik Cooper and Chad Fargason discuss passive versus active investing, bond portfolio strategies, interest rate risks, and diversification techniques. They share insights on portfolio construction, market trends, and the importance of evidence-based decisions for wealth growth.Chapters:00:00 The Misconception of Passive Investing02:03 Active Decisions in Passive Portfolios04:29 Risk Tolerance and Asset Allocation08:27 The Role of Gold in Diversification10:58 Navigating Non-Risk Assets13:39 Understanding Bond Portfolio Duration16:21 Navigating Interest Rate Sensitivity18:51 Investment Strategies: Individual Stocks vs. Diversification21:36 The Role of Crypto in Modern Portfolioshttps://retire.arcvest.comhttps://arcvest.comArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.On this channel, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time.

This episode explores the recent stress test in private credit markets, the impact of AI on SaaS valuations, and the risks faced by retail investors in illiquid asset classes. Experts Chad Fargason and Erik Cooper discuss market dynamics, structural mismatches, and investment strategies.https://retire.arcvest.comhttps://arcvest.comArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.Chapters:00:00 Introduction: Private Credit Under Stress00:27 Recent Market Stress and Its Significance01:18 What Is Private Credit? A Quick Primer02:08 The Evolution of Private Credit Post-200803:34 The Size of the Private Credit Market03:42 The Current Stress Test in Private Credit04:11 Private Credit's Exposure to SaaS Companies05:03 The Disruption of SaaS Business Models05:43 AI's Impact on SaaS and Software Pricing07:27 Repricing of SaaS and Market Declines08:34 The Mismatch Between Retail Investors and Private Credit11:03 Liquidity Mismatch and Redemption Challenges11:44 Real-World Example of Redemption Issues13:05 Market Sell-Off and Redemption Limits14:42 The Role of Secondary Funds and Opportunities17:08 Impact on Publicly Traded Alt Managers19:23 Valuation and Fee Structures of Alt Managers20:13 Investment Strategies for Retail Investors21:51 The Value of Risk Ownership and Portfolio Allocation22:51 Conclusion: Navigating Illiquid Asset RisksOn this channel, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time.You’ll find clear explanations on topics like market volatility, index investing, retirement planning, fees, and the psychological traps that quietly derail portfolios. Our goal is to help you think better about money so you can make confident decisions in any market environment.ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor—not to sell hot takes or chase headlines.If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place.Learn more at arcvest.com

This episode explores the current market landscape amid geopolitical tensions, the impact of AI and technological investments, and strategic investment insights from experts Erik and Chad. They analyze market valuations, the influence of oil prices, and the future of capitalism and AI-driven productivity.https://retire.arcvest.comhttps://arcvest.comArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.Chapters:00:00 Market Dynamics and Geopolitical Tensions02:08 Understanding Inflation and Oil Prices09:22 Valuation Concerns and Historical Context14:26 AI Investment and Economic Implications19:51 The Future of Work and Unemployment26:00 Navigating Investment Strategies in Uncertain TimesOn this channel, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time.You’ll find clear explanations on topics like market volatility, index investing, retirement planning, fees, and the psychological traps that quietly derail portfolios. Our goal is to help you think better about money so you can make confident decisions in any market environment.ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor—not to sell hot takes or chase headlines.If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place.Learn more at arcvest.com

Erik from ArcVest discusses how investors, especially retirees, can navigate market volatility, understand the importance of diversification, and maintain discipline during turbulent times.https://retire.arcvest.comhttps://arcvest.comChapters00:00 Market volatility and current geopolitical tensions00:26 What’s happening in the markets right now01:23 Historical perspective on market fluctuations02:19 Why oil prices matter to investors03:00 Inflation and its impact on retirees03:56 Understanding sequence of returns risk05:20 Normalcy of market drawdowns05:47 Building a resilient retirement portfolio06:41 Actions for retirees during volatility07:40 Monitoring key economic indicators08:30 Long-term discipline in investing08:57 Final thoughts and advice for investorsArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.On this channel, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time.You’ll find clear explanations on topics like market volatility, index investing, retirement planning, fees, and the psychological traps that quietly derail portfolios. Our goal is to help you think better about money so you can make confident decisions in any market environment.ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor—not to sell hot takes or chase headlines.If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place.Learn more at arcvest.com

This episode explores the impact of geopolitical conflicts on global markets, focusing on oil, gold, and equities. Experts discuss market reactions, sector rotations, and strategic investment responses during times of war.Chapters:00:00 Geopolitical Tensions and Market Reactions01:52 Impact of Oil Prices on Global Economies02:58 Global Oil Market Dynamics05:24 Volatility and Historical Context08:26 Investment Strategies During Conflict10:53 Safe Haven Assets and Market Reactions14:04 International Stocks and Portfolio Diversification17:13 Investor Sentiment and Risk Tolerancehttps://retire.arcvest.comhttps://arcvest.comArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.On this channel, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time.You’ll find clear explanations on topics like market volatility, index investing, retirement planning, fees, and the psychological traps that quietly derail portfolios. Our goal is to help you think better about money so you can make confident decisions in any market environment.ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor—not to sell hot takes or chase headlines.If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place.Learn more at arcvest.com

In this conversation, Erik and Chad explore the current landscape of investment strategies amidst the rise of AI technologies. They discuss the dichotomy of investor sentiment, the potential futures of AI, the implications of the SaaS apocalypse, and the state of private markets. The conversation emphasizes the importance of a diversified investment approach while navigating uncertainty in the economy.   https://meeting.arcvest.com https://arcvest.com   Chapters: 00:00 The Duality of Investor Sentiment 00:58 Exploring AI's Potential and Risks 03:47 The SaaS Apocalypse: A Market Shift 07:42 AI Overhype: Reality vs. Expectations 12:14 The State of Private Markets 17:02 Navigating Investment Strategies in Uncertain Times   ArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype. On this channel, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time. You’ll find clear explanations on topics like market volatility, index investing, retirement planning, fees, and the psychological traps that quietly derail portfolios. Our goal is to help you think better about money so you can make confident decisions in any market environment. ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor—not to sell hot takes or chase headlines. If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place. Learn more at arcvest.com

In this conversation, Erik and Chad discuss the pervasive anxiety that Wall Street creates among investors. They explore how financial media amplifies this anxiety through urgency and fear of missing out (FOMO). The hosts analyze the role of market predictors and the consequences of following their advice, emphasizing the importance of long-term investing strategies and the need for a behavioral coach to navigate market volatility.   www. arcvest.com   Takeaways: Wall Street thrives on creating anxiety among investors. Urgency and FOMO are key tactics used by financial media. Loss aversion is a powerful psychological factor in investing. Market predictions are often unreliable and can lead to significant losses. Investors should focus on long-term strategies rather than short-term predictions. Having a behavioral coach can help manage emotional reactions to market fluctuations. It's essential to maintain a diversified portfolio to weather market downturns. Investors should be cautious of product pitches that promise to mitigate risks. Understanding market history can help investors make informed decisions. Staying disciplined and focused on goals is crucial for successful investing.   ArcVest is a low-cost, evidence-based wealth management firm built for investors who are tired of noise, predictions, and high fees. We focus on owning the entire market through disciplined, globally diversified portfolios — and helping clients avoid the costly behavioral mistakes that derail long-term returns. No market timing. No product sales. No 1% “anxiety tax.” Just transparent advice, smart asset allocation, and a relentless focus on keeping more of what you earn.  

In this conversation, Erik and Chad discuss the merits and drawbacks of investing in Dividend Aristocrats compared to the broader S&P 500. They analyze the risk and return profiles of these investment strategies, emphasizing the importance of understanding market dynamics and the psychological factors influencing investor behavior. The discussion culminates in a call for evidence-based investing and a critical look at common misconceptions in the investment landscape. https://subscribe.arcvest.com/ https://arcvest.com/ Takeaways: Dividend Aristocrats are companies with a history of increasing dividends. Investing in the S&P 500 with a mix of short-term bills can reduce risk. The performance of Dividend Aristocrats may not capture the growth of tech stocks. Understanding risk involves looking at volatility and maximum drawdown. Investors often feel safer with dividend-paying stocks due to perceived income stability. There is no free lunch in investing; higher returns often come with higher risks. The marketing of dividend stocks can create misconceptions about safety and returns. Investors should consider total return rather than just income from dividends. The S&P 500 has outperformed Dividend Aristocrats in certain time frames. Evidence-based investing is crucial for making informed financial decisions.    

The conversation explores the resurgence of emerging markets as a viable investment option, particularly after a strong performance in 2025. The discussion highlights the changing landscape of these markets, the impact of dollar strength on investments, and the significance of the AI supply chain. It also addresses the risks associated with investing in emerging markets and provides insights on asset allocation strategies for investors looking to diversify their portfolios. https://subscribe.arcvest.com/ https://arcvest.com/ Takeaways Emerging markets had a 76% return in 2025, outperforming the S&P 500. For 15 years, emerging markets underperformed compared to U.S. stocks. The narrative around emerging markets is changing, making them more attractive. Emerging markets now have significant exposure to technology and finance sectors. Dollar weakness has historically benefited emerging markets. Investors are moving away from dollar-denominated assets. Emerging markets are currently undervalued compared to U.S. markets. AI supply chains are increasingly important in emerging markets. A diversified portfolio should include 10-11% in emerging markets. Global diversification is essential for modern investors.  

In this conversation, Erik and Chad explore the concept of true wealth, emphasizing that it is often invisible and not defined by material possessions. They discuss the importance of financial independence, the illusion of status through spending, and the significance of time wealth. The conversation also delves into the power of compounding in building wealth and the challenge of defining 'enough' in a society that constantly moves the goalposts. Practical tips for achieving true wealth are provided, focusing on debt freedom, health, and social connections.   https://arcvest.com/ https://subscribe.arcvest.com/   Takeaways: True wealth is defined by financial independence and flexibility. Wealth is often invisible and not reflected in material possessions. Social media influences perceptions of wealth and status. Time wealth allows for better health and personal care. Compounding can significantly increase wealth over time. Understanding the concept of 'enough' is crucial for financial planning. Avoiding the hedonic treadmill can lead to better financial decisions. Markers of wealth include health, social connections, and time flexibility. Spending should enhance life, not detract from future security. Real wealth is about freedom and well-being, not just money.   Chapters: 00:00 Understanding True Wealth 02:43 The Impact of Social Media on Wealth Perception 05:16 The Importance of Time Wealth 08:18 The Power of Compounding 10:59 Defining 'Enough' in Wealth 16:36 Practical Tips for Building Wealth   ArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.

In this conversation, Erik and Chad discuss the realities of retirement savings, focusing on the implications of having a $500,000 portfolio. They explore social security benefits, the role of home equity, investment strategies, and the pros and cons of annuities. The discussion emphasizes the importance of staying invested to maximize retirement income and the potential for financial security in retirement.   https://arcvest.com/ https://subscribe.arcvest.com/   Takeaways: Only a small percentage of Americans reach retirement with $500,000 saved. Social security benefits can significantly supplement retirement income. A $500,000 portfolio can provide a stable foundation for retirement. Home equity can be a valuable asset in retirement planning. Investing in equities is crucial for long-term retirement success. Annuities can provide guaranteed income but come with trade-offs. The 4% rule is a conservative guideline for retirement withdrawals. Higher withdrawal rates may be possible with careful planning. Staying invested allows for compounding growth during retirement. Financial planning should consider both income and asset preservation.   Chapters 00:00 Understanding Retirement Savings 02:58 Social Security Insights 05:48 Home Equity and Retirement 08:32 Investment Strategies for Retirement 11:39 Annuities: Pros and Cons 14:41 Maximizing Retirement Income   ArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.    

In this conversation, Erik and Chad discuss the complexities of retirement planning, focusing on the 4% rule, the importance of understanding personal spending needs, and the risks associated with market timing and sequence of returns. They emphasize the need for a comprehensive approach to retirement readiness that includes behavioral finance considerations and flexible spending strategies. https://subscribe.arcvest.com https://arcvest.com Takeaways: Retirement readiness is not just about a single number. Understanding your spending needs is crucial for retirement planning. The 4% rule provides a guideline for sustainable withdrawals. Sequence of returns risk can significantly impact retirement portfolios. Behavioral finance plays a key role in investment decisions. Missing the best market days can drastically reduce returns. Having a cash buffer can help manage market volatility. Flexibility in spending can enhance retirement enjoyment. It's important to stress test retirement plans against various scenarios. Retirement planning should include both growth and risk management strategies.   Chapters: 00:00 Understanding Retirement Readiness 01:56 Determining Your Retirement Number 05:43 The 4% Rule Explained 09:40 Sequence of Returns Risk 13:37 Behavioral Finance and Market Timing 16:16 Flexible Spending and Portfolio Management   ArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.  

In this episode of Well Strategy by ArcVest, Erik Cooper and Chad Fargason engage in a lively debate about the merits and drawbacks of investing in gold. They explore the contrasting perspectives on gold as a financial asset, with Erik expressing skepticism and Chad advocating for its inclusion in investment portfolios. The discussion covers various reasons to own gold, such as its role as financial insurance during market stress, its low correlation with stocks and bonds, and its potential to hedge against monetary policy mistakes. They also delve into the behavioral aspects of investing, highlighting how gold can help investors maintain discipline during market fluctuations. As the conversation progresses, Erik and Chad shift to the counterarguments against gold investment, including its lack of cash flow, poor long-term returns compared to stocks, and the risk of over-allocating to gold due to fear. They conclude by discussing the appropriate allocation of gold in a portfolio, suggesting that a range of 2% to 10% is optimal for balancing risk and reward. This episode provides listeners with a comprehensive understanding of the gold debate, equipping them with insights to make informed investment decisions. https://subscribe.arcvest.com/ https://arcvest.com/   Takeaways Gold is a hedge against financial stress. Gold has low correlation to stocks and bonds. Investing in gold can help maintain behavioral discipline. Gold produces no cash flow or dividends. Long-term returns of gold are weak compared to stocks. Chapters: 00:00 Introduction to the Gold Debate 01:20 Reasons to Own Gold 11:34 Counterarguments Against Gold 18:08 Optimal Gold Allocation in Portfolios  

In this episode of Wealth Strategy by ArcVest, Erik Cooper and Chad Fargason delve into the realities of retirement planning, specifically focusing on the implications of having a million dollars saved for retirement. They discuss the common belief that a million dollars is sufficient for a comfortable retirement, but emphasize the importance of understanding the actual financial landscape retirees face. The conversation breaks down the math behind retirement income, including the 4% rule, social security benefits, and the impact of Medicare premiums and taxes on overall income. By analyzing a hypothetical couple retiring at 65, they provide a realistic assessment of what a million-dollar portfolio can yield, highlighting the need for careful planning and consideration of various expenses.   https://subscribe.arcvest.com https://arcvest.com   Chapters 00:00 Introduction to Retirement Planning 01:59 Assumptions for Retirement Math 03:09 Explaining the 4% Rule 04:25 Calculating Social Security Benefits 05:50 Total Gross Income Breakdown 07:12 Medicare Premiums and Deductions 08:37 After-Tax Income Analysis 10:05 Exploring the 5% Withdrawal Rule 11:53 Flexibility in Withdrawal Strategies 13:17 Final Thoughts on Retirement Planning Takeaways: A million dollars may not be enough for retirement without understanding the math. Only about 5% of Americans have a million dollars saved for retirement. The 4% rule suggests withdrawing $40,000 annually from a million-dollar portfolio. Social Security benefits are reduced if taken before full retirement age. Medicare premiums and taxes significantly reduce retirement income.   ArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype.   ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor—not to sell hot takes or chase headlines.   If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place. Learn more at arcvest.com  

In this episode, Erik and Chad delve into the paradox of wealth management, where products that statistically outperform the market are often harder to sell than those that underperform. They discuss the concept of 'hopium'—the false hope that investors cling to when seeking outperformance through traditional wealth management. The conversation highlights the psychological biases that lead investors to believe they can beat the market, despite overwhelming data suggesting otherwise. They explore various biases, including overconfidence, the illusion of control, and the narrative fallacy, which all contribute to the allure of Wall Street's marketing strategies. Ultimately, the episode emphasizes the importance of evidence-based investing and the power of compounding returns over time, advocating for a disciplined, low-cost investment approach rather than chasing the latest market trends. https://subscribe.arcvest.com/ https://arcvest.com/ Chapters: 00:00 The Paradox of Wealth Management 02:10 Understanding the Hopium Trade 04:14 Psychological Biases in Investing 08:16 The Narrative Fallacy Explained 10:38 Action Bias and the Need to Act 13:40 The Hard Sell of Evidence-Based Investing 17:36 The Power of Compounding Returns 21:03 Closing Thoughts on Real Returns Takeaways: Selling hope is a genius strategy. Investors often believe they can outperform the market despite data suggesting otherwise. The illusion of control leads investors to make poor decisions. Narratives often overshadow facts in investment decisions. Compounding returns over time can significantly increase wealth.    

Erik and Chad discuss the significance of investment rules over market insights, emphasizing that a structured investment process is crucial for long-term success. They explore the challenges of emotional investing, the importance of asset allocation, rebalancing, and dollar cost averaging. The duo highlights the 'discipline dividend'—the benefits of adhering to investment rules—and the necessity of creating a personalized investment strategy that aligns with individual goals. Ultimately, they advocate for a disciplined, boring approach to investing as the path to success. https://subscribe.arcvest.com https://arcvest.com ArcVest helps investors make smarter decisions by focusing on process, discipline, and long-term thinking—not predictions or hype. On this podcast, we break down how investing actually works: why low costs matter, how investor behavior impacts returns, and why simple, evidence-based strategies often outperform complex ones over time. You’ll find clear explanations on topics like market volatility, index investing, retirement planning, fees, and the psychological traps that quietly derail portfolios. Our goal is to help you think better about money so you can make confident decisions in any market environment. ArcVest is a fiduciary, fee-only investment advisory firm. Everything here is educational and designed to help you become a more informed investor, not to sell hot takes or chase headlines. If you believe investing should be boring, disciplined, and aligned with real life goals, you’re in the right place. Learn more at arcvest.com

In this episode, Erik and Chad discuss their outlook for 2026, emphasizing the importance of evidence-based investing over speculative predictions. They explore various asset classes, including equities, bonds, and gold, and provide insights on how to allocate investments effectively. The conversation highlights the significance of staying invested and understanding market dynamics, while cautioning against the allure of products that promise unrealistic returns. https://subscribe.arcvest.com/   Takeaways: Predictions for the market are often unreliable; focus on strategy. Understanding clients' risk appetite is crucial for investment decisions. Evidence and data should guide investment choices, not hope. Complicated financial products often come with high fees and low returns. Staying invested is key to capturing market returns over time. Gold and precious metals can serve as effective portfolio hedges. Bonds have rebounded due to a lowering interest rate environment. TIPS may not perform as expected in a rising rate environment. Asset location is important for tax efficiency in investing. Dollar-cost averaging helps mitigate market volatility risks.    

In this conversation, Erik and Chad delve into the world of bonds, discussing their fundamental nature, types, and the risks associated with investing in them. They explore the concept of interest rate risk, particularly in the context of rising rates, and compare the merits of individual bonds versus bond funds. The discussion emphasizes the importance of understanding these financial instruments for effective portfolio management. https://subscribe.arcvest.com/ Chapters: 00:00 Introduction to Bonds and Fixed Income 02:36 Understanding the Fundamentals of Bonds 05:52 Risk Factors in Bond Investments 08:27 Interest Rate Risk Explained 11:18 The Impact of Rising Interest Rates 14:03 Individual Bonds vs. Bond Funds 16:53 Conclusion and Final Thoughts on Bonds   Takeaways: Bonds are a debt obligation where the issuer promises to pay back the borrowed amount with interest. The bond market is vast, with estimates of around $100 trillion in outstanding bonds. Investors often seek bonds for fixed income and security in their portfolios. US Treasury bonds are considered risk-free due to the government's backing. Interest rate risk can significantly affect the value of bonds, especially long-duration ones. In 2022, bonds experienced significant losses due to rising interest rates. Bond funds can be more complex and carry risks that are harder to manage than individual bonds. Investors should consider their risk tolerance when choosing between individual bonds and bond funds. A bond ladder can be constructed using bond funds for diversification and simplicity. Consulting with a financial advisor can help navigate the complexities of bond investments.  

In this conversation, Erik Cooper and Chad Fargason delve into the differences between mutual funds and ETFs, discussing their management styles, costs, and performance. https://subscribe.arcvest.com/ They emphasize the advantages of low-cost index funds over actively managed mutual funds, highlighting the long-term underperformance of the latter. The discussion then shifts to the current state of the market, particularly regarding the potential AI bubble, exploring the implications of infrastructure investments and market sentiment. They provide insights on how to navigate these market conditions and the importance of staying invested for wealth compounding.   Takeaways: Mutual funds are often actively managed, while ETFs are typically passively managed. High fees in mutual funds can significantly erode investment returns over time. Most active managers underperform their benchmarks over the long term. Investing in low-cost index funds is generally more beneficial for individual investors. The current market sentiment around AI raises questions about potential bubbles. Infrastructure investments in AI are significant but may lead to market corrections. Skepticism in the market can indicate a healthy investment environment. Diversifying into international stocks can be a strategic move. Investors should consider their risk exposure and adjust their portfolios accordingly. Staying invested in the market is crucial for long-term wealth accumulation.  

In this conversation, Erik Cooper and Chad Fargason explore the implications of following Dave Ramsey's investment advice, particularly focusing on the mystery shopping experience with his advisor network. https://subscribe.arcvest.com/ They discuss the drawbacks of load mutual funds, the impact of high fees on investment returns, and alternative strategies for retirement planning. The conversation emphasizes the importance of understanding investment costs and the potential pitfalls of traditional financial advice. 00:00 Introduction to Dave Ramsey's Investment Network 02:48 Mystery Shopping Experience 05:44 Understanding Load Mutual Funds 08:35 The Impact of Fees on Returns 11:31 Alternative Investment Strategies 14:17 Final Thoughts and Takeaways   Takeaways: Dave Ramsey is great for debt management but lacks in investment advice. Mystery shopping revealed outdated practices in the advisor network. Load mutual funds can significantly eat into investment returns. Transaction fee advisors may not be in the best interest of clients. High fees can lead to substantial losses over time. Expectations of 12% returns are unrealistic for most investors. Investing in low-cost ETFs is a better strategy. Understanding fees relative to returns is crucial for investors. Active management often fails to outperform the market. A diversified portfolio with low fees is essential for long-term growth.  

https://subscribe.arcvest.com/   In this conversation, Erik Cooper and Chad Fargason discuss the complexities of investment strategies, focusing on how to avoid the pitfalls of fee extraction in the financial industry. They outline five key principles for successful investing, emphasizing the importance of low costs, market ownership, and maintaining discipline. The discussion also highlights the significant impact of fees on retirement savings and the behavioral aspects of investing, advocating for a disciplined and automated approach to wealth management.   00:00 Understanding the Fee Extraction Machine 02:49 Five Principles to Avoid Fee Extraction 05:23 The Impact of Fees on Retirement 08:22 Behavioral Aspects of Investing 10:56 Discipline as the Key to Success   Takeaways: The fee extraction machine is a significant issue in investing. Investors can add $1.4 million to their retirement by minimizing fees. Owning the market through low-cost ETFs is essential. Diversification and tax efficiency are key principles. Discipline in investing can lead to better outcomes. Behavioral finance plays a crucial role in investment success. Investing automatically can help mitigate emotional decision-making. Staying invested during market downturns is critical for long-term gains. The right asset allocation can be achieved with a few funds. Automation and discipline are vital for compounding wealth over time.

https://subscribe.arcvest.com/ In this conversation, Erik Cooper and Chad Fargason delve into the complexities and hidden costs associated with annuities, a financial product often marketed as a safe investment for retirement. They discuss the various types of annuities, the high commissions earned by agents, and the significant fees that can erode returns. The hosts also weigh the pros and cons of annuities, emphasizing the importance of understanding the true costs involved. Ultimately, they advocate for low-cost investment strategies, such as ETFs, as a more transparent and effective alternative for retirement planning.   00:00 The Problem with Annuities 01:09 Understanding Annuities: Types and Complexities 03:00 The Hidden Costs of Annuities 05:04 The Risks of Annuities 06:52 Evaluating the Value of Annuities 09:43 Alternatives to Annuities: Low-Cost ETFs   Takeaways: Annuities are primarily sold for commission, not bought out of demand. High fees and complexity often undermine the benefits of annuities. Investors should be wary of the hidden costs associated with annuities. The surrender charges can significantly impact returns if an investor wants to exit an annuity early. Variable annuities come with additional fees that can erode potential gains. Insurance companies profit from riders that add to the overall cost of annuities. Investors take on credit risk when purchasing annuities from insurance companies. The sleep-at-night guarantee of annuities comes at a hefty price. Low-cost ETFs are a more effective investment strategy for retirement. A simple portfolio can provide better long-term results than complex financial products.

https://subscribe.arcvest.com/ In this conversation, Erik Cooper and Chad Fargason dissect the allure of exclusive investment opportunities often marketed to retail investors, such as private equity, hedge funds, and structured products. They explore the inherent risks and high fees associated with these investments, emphasizing that while they may work for institutional investors, they often do not provide the same value for individual investors. The discussion highlights the importance of understanding the fee structures and the potential pitfalls of chasing after perceived exclusive access to top-performing funds.   00:00 The Allure of Exclusive Investment Opportunities 02:43 Understanding Private Equity: The Good and the Bad 05:32 The Pitfalls of Hedge Funds for Retail Investors 08:13 The Myth of Exclusive Access to Top Performers 10:55 The Reality of Returns: What Retail Investors Can Expect 14:01 Decoding Structured Products: Complexity and Fees 16:44 The Wall Street Fee Extraction Machine   Takeaways: The Yale endowment model is not accessible to retail investors. Retail investors often face higher fees and adverse selection. Private equity can be a value-creating machine, but not for everyone. Hedge funds often extract more value for managers than for investors. Structured products can be complex and laden with hidden fees. Exclusive access to top funds is often a myth for retail investors. Investors should be cautious of the allure of sophisticated investment products. Understanding fee structures is crucial for retail investors. The Wall Street system often prioritizes fee extraction over investor returns. Low-cost index funds may be a better option for most investors.

https://subscribe.arcvest.com/ In this episode of the Wealth Strategy Podcast, Erik Cooper and Chad Fargason discuss the hidden costs of financial advisory fees, particularly the impact of the seemingly small 1% fee that can significantly erode wealth over time. They emphasize the importance of understanding the value that financial advisors provide, including behavioral coaching and market discipline. The hosts also explore the power of compounding fees and the necessity of having a structured investment plan. They advocate for evidence-based investing as a more reliable strategy compared to attempting to beat the market.   00:00 The 1% Problem: Understanding Financial Fees 02:49 The Value of Financial Advisors 05:26 Behavioral Coaching and Market Discipline 08:26 The Power of Compounding Fees 11:10 The Real Value of Financial Knowledge 13:56 Evidence-Based Investing vs. Market Beating Strategies   Takeaways: 1% fees can consume 25% of your total wealth over time. Wall Street extracts $500 billion a year from Americans. Advisors provide real value, but fees should be justified. Discipline in investing can lead to better long-term outcomes. Compounding fees can significantly impact retirement savings. Understanding financial products is crucial for investors. Behavioral coaching helps prevent panic selling during market downturns. Investing should be based on evidence, not speculation. Most advisors do not outperform the market consistently. Choosing a low-cost advisor can lead to better financial outcomes.

In this episode of the Wealth Strategy Podcast, Erik Cooper and Chad Fargason delve into the hidden fees within the investment industry, particularly focusing on Wall Street's fee extraction machine. https://subscribe.arcvest.com/   They discuss the staggering amount of money—$500 billion annually—that is extracted from American households through various fees, often without the investors' awareness. The conversation highlights the importance of understanding these fees, their impact on individual wealth, and the potential for better investment strategies. Through a case study of two investors, Sally and Ben, they illustrate how different fee structures can lead to vastly different retirement outcomes. The episode concludes with a discussion on the elusive nature of outperformance in investing and the reality that high fees often do not correlate with better returns.   00:00 The Fee Extraction Machine of Wall Street 04:39 Understanding the Impact of Fees on Wealth 10:02 The Real Cost of Investment Fees 11:37 Case Study: Sally and Ben's Investment Journey 16:04 The Search for Alpha and Outperformance   Takeaways: Wall Street extracts $500 billion annually from American households. Most investors are unaware of the fees they pay. Understanding fee structures is crucial for retirement planning. $130 trillion represents the total wealth of American households. $60 trillion is invested in mutual funds and other vehicles. Annuities are laden with fees, totaling about $60 billion a year. 1% or 2% fees can significantly impact long-term returns. Sally and Ben's case study shows the cost of high fees. Investors often pay for underperformance without realizing it. In investing, you get what you don't pay for.

The firm: arcvest.com The white paper: https://arcvest.com/white-paper In this conversation, Erik Cooper and Chad Fargason discuss their recently released white paper on portfolio management and investing. They explore the differences between passive and active investing, the importance of equities, and the traditional 60-40 portfolio model. They also delve into the drawbacks of private equity, the role of real estate and gold in a portfolio, and the cautious approach to cryptocurrency. Throughout the discussion, they emphasize the significance of behavioral finance and the need for investors to stick to their strategies during market fluctuations.   Chapters 00:00 Introduction to Portfolio Management and Investing 02:08 The Case for Passive Investing 10:44 The Importance of Equities in Wealth Building 15:05 Reevaluating the 60-40 Portfolio Strategy 28:11 Global Diversification in Equity Investments 31:36 US vs. Global Equity Performance 33:06 The Reality of Private Equity for Individual Investors 40:29 Understanding Real Estate Investments 44:45 The Role of Gold in Investment Portfolios 48:27 Navigating the Crypto Landscape 53:21 Behavioral Finance and Investment Strategies   Takeaways Passive investing is mathematically superior to active management. Equities drive long-term growth and should be prioritized in portfolios. The traditional 60-40 portfolio may no longer be effective in today's market. Private equity often benefits managers more than individual investors. Real estate can be effectively accessed through REITs for diversification. Gold serves as a valuable diversifier in investment portfolios. Cryptocurrency should be approached cautiously and only as a small portion of a portfolio. Behavioral finance plays a crucial role in investment success. Investors should focus on low-cost, evidence-based strategies. Maintaining a long-term perspective is essential for successful investing.    

Our firm: https://arcvest.com/ Our newsletter: https://subscribe.arcvest.com/   Summary In this episode of Wealth Strategy, Erik Cooper and Chad Fargason discuss core investing principles, emphasizing the importance of low-cost index funds, the psychological factors influencing investor behavior, and the necessity of a structured investment process. They explore the challenges of market timing, the benefits of global diversification, and the power of compounding in building long-term wealth. The conversation highlights the need for investors to remain disciplined and focused on their long-term goals, rather than being swayed by short-term market fluctuations. Takeaways Investing should be evidence-based and low-cost. Fear and greed often dictate investor behavior. Market timing is nearly impossible for most investors. A structured investment process is crucial for success. Low-cost index funds can significantly impact long-term wealth. Global diversification helps mitigate home country bias. Compounding returns are essential for wealth building. Investors should avoid emotional decision-making. Rebalancing portfolios can help maintain desired asset allocation. Staying invested is key to capturing market gains.   Chapters 00:00 Introduction to Wealth Strategy 01:26 Understanding Investor Behavior 04:31 The Importance of a Structured Investment Process 10:08 ARKFest's Long-Term Investing Framework 18:28 Global Diversification in Investing 21:53 Diversification Across Asset Classes 24:34 The Challenge of Market Timing 28:29 The Power of Compounding

Our firm: https://arcvest.com/   Here are eight key questions to ask a financial advisor to ensure they’re the right fit and can help you achieve your financial goals: What are your qualifications and credentials?  How do you get paid?  Are you a fiduciary?  What is your investment philosophy?  How will you help me achieve my specific financial goals?  What services do you provide?  How often will we communicate, and how?  Can you provide references or examples of past client success? These questions will help you assess their expertise, alignment with your goals, and transparency, setting the foundation for a productive relationship.

Our firm: https://arcvest.com/   Digging deep into the best money tips out there on this one.     If you need a financial advisor, consider contacting us at: https://arcvest.com/

Our firm: https://arcvest.com/   Everyone thinks they have the secret to investing.  I'm here to talk about a few of the myths that are often perpetuated.

Our firm: https://arcvest.com/   Good habits are boring, but they are liberating.  Getting into a virtuous cycle with you money habits can be life changing.  In this episode I discuss some good money habits to consider adopting.

Our firm: https://arcvest.com/   In this episode, we dive into the 4% Rule in investing—a popular strategy for retirement planning. We'll break down how the rule works, its historical context, and why many investors use it to determine how much they can safely withdraw from their retirement savings each year. We also explore the potential risks, variations, and updates to the 4% Rule in light of market changes, inflation, and longer life expectancies. Whether you're planning for retirement or just curious about sustainable withdrawal strategies, this episode offers valuable insights to help guide your financial future.    

It's not easy, but we all have the ability within us to become a great investor.  In this episode, I'll talk about what I think it takes.

Our firm: https://arcvest.com/ In this episode, we break down 5 key reasons why keeping your investing expenses low is crucial for long-term financial success. From reducing fees and boosting returns to minimizing the impact of taxes and staying disciplined during market fluctuations, we’ll cover the important role that costs play in wealth-building. We’ll also discuss how high fees can erode your portfolio over time and why choosing low-cost investment options, like index funds and ETFs, can help maximize your financial gains. Whether you're just starting out or looking to optimize your investment strategy, this episode offers actionable insights for keeping your investing expenses in check.

Our firm: https://arcvest.com/   I discuss some important rules to abide by on your investing journey in this episode.  You don't have to listen to them all, but if you even use one, I'll consider it a win. :)

Our firm: https://arcvest.com/ I discuss how stoics might approach investing in this episode.  I talk about how a stoic would approach modern markets, market volatility and asset allocation.

In this episode, we dive into 8 compelling reasons why you should start investing now—no matter where you are in your financial journey. From the power of compound interest to building wealth over time, we’ll explore how investing can help you achieve your financial goals, secure your future, and protect against inflation. You’ll learn why investing is crucial for growing your money, creating financial independence, and preparing for retirement. We also touch on the benefits of starting early, even with small amounts, and how investing can give you a hedge against market uncertainty. If you’ve been on the fence about investing, this episode is packed with practical insights to motivate you to take that first step.   Check out my book: https://a.co/d/5BkVizK

Welcome to this episode of Wealth Strategy, where hosts Erik Cooper and his guests delve into the transformative insights of Poor Charlie’s Almanac by Charles T. Munger. Discover how Munger’s unique approach to decision-making transcends beyond just financial advice, promoting a latticework of mental models drawn from various disciplines, including psychology and economics. Munger emphasizes the importance of broadening intellectual horizons to tackle complex problems and the value of identifying cognitive biases that can influence our judgments. The discussion highlights practical strategies like the use of checklists and seeking out disconfirming evidence to challenge personal beliefs, leading to better decision-making in all aspects of life. Listen in to explore Munger’s philosophy on ethical behavior, the significance of integrity in business, and long-term investment strategies, exemplified by the Berkshire Hathaway approach to investing in companies like Coca-Cola. The episode concludes by emphasizing the continuous learning, ethical conduct, and strategic thinking advocated in Munger’s work as an invaluable guide to living a purpose-driven life.

Morgan Housel has written one of the most important books on money and investing in the last decade. He's the New York Times Bestselling author of The Psychology of Money and Same As Ever.   In this episode I do a deep dive on The Psychology of Money.  I originally recored this in four parts.  I combined them into one long episode for your listening enjoyment.

In this episode I get into why index funds matter and why you should consider them as your primary investment vehicle. 

Just a quick episode to talk about the importance of understanding the time value of money.

I discuss some workout ideas and routines that can fit into your life.

We break down some of the rules of thumb and rough numbers that you should consider when approaching and planning for retirement.    

In this episode I discuss investing fundamentals.  And the secret is, if you follow these fundamentals, you'll become a great investor.