In this episode, Mark discusses the quarter point raise by the federal reserve. How do we structure our portfolio regardless of age to maximize returns, minimize taxes, and take advantage of opportunities? "You invest in the stock market” is an incorrect statement. You invest in businesses! Most people don’t know the difference, or how much they own and the impact to their portfolio and expectation. Traditional asset allocation says: As you get older you should own more bonds and less stock, and vice versa for younger to older. We as an investment public have been trained in a certain way by the media and the industry to think of investing in a certain format. You need to follow an index. There has to be something to tell you how well you’re doing. He also asks what does risk really mean? Risk is knowing that you can’t accomplish goals without clarity.

December 14, 2016