TSA Wealth Management

Bank of America made headlines this week, warning investors to "take profits," and buried in the fine print, their big call is that the S&P 500 might fall 4%. Here's why that's not a reason to sell. https://open.substack.com/pub/swanburg/p/plan-for-the-plan-falling-apart?r=1tn7mx&utm_campaign=post&utm_medium=web

If you had to choose between $1,000,000 today or a penny that doubled every day for a month, which would you take? The math behind that question is the same math that makes long-term investing work, and most people get both wrong.
https://open.substack.com/pub/swanburg/p/our-instincts-are-terrible-at-math?r=1tn7mx&utm_campaign=post&utm_medium=web

Tax benefits don't justify bad investments. Jon's latest note looks at today's tax-deferral boom, why some strategies carry hidden risks, and the simple approaches that genuinely improve after-tax returns. https://open.substack.com/pub/swanburg/p/the-tax-tail-wagging-the-portfolio?r=1tn7mx&utm_campaign=post&utm_medium=web

Good news is out there — it just doesn't trend. 📊

Corporate profits are growing. Valuations are normalizing. Diversification is working. The story the market is telling right now is a lot more nuanced than the headlines suggest.

Jonathan Swanburg breaks it all down in his latest piece.

👉 https://www.swanburg.com/p/the-good-news-is-there-it-just-doesnt