The Monte-Carlo Simulation | Your Money Podcast – Episode 437

February 10, 2023

What is the Monte-Carlo Simulation – and how can it help your portfolio? Danny breaks down the difference between the tactic and the tool before diving into the reasons you should be wary of any Social Security Lump-Sum offerings, who really comes out on top in the almighty Technicals versus Fundamentals debate, and the 5 Gaming and Leisure Stocks you should be watching to turn a profit in 2023.

In this video for educational purposes only, Danny Stewart, Don Vandenbord, Michael Ramos, Ted Zhang, and Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study.

0:00 – This Week on Your Money
04:00 – Charles Schwab’s Double-Coverage
05:00 – Mailbag: Unemployment & Interest Rates
10:00 – Mailbag: Market-Maker Manipulation
13:00 – Explaining The Monte-Carlo Simulation
21:00 – Beware the Social Security Lump Sum
25:00 – Technicals VS Fundamentals
28:00 – Bull Now, Bear Later?
32:00 – This Week in the Markets
38:00 – Breath Charts & 5 Stocks to Watch
42:00 – The Teddy-Bull 12
48:00 – Analyzing the GDP Report
51:00 – Top Five Gaming/Leisure Stocks

Show Links:

2023 Stress Test Scenarios – Federal Reserve
https://t.co/cMWLwh03i1

Technicals vs Fundamentals: Which is Right?
https://www.advisorpedia.com/markets/technicals-vs-the-fundamentals-which-is-right

Beware the Social Security Lump-Sum Offer
https://www.thinkadvisor.com/2023/02/06/beware-the-social-security-lump-sum-offer

Why Monte Carlo simulations for retirement income should be banned
https://www.fa-mag.com/news/why-monte-carlo-simulations-for-retirement-income-should-be-banned-71909.html

Lawmakers grapple with ‘Accredited Investor’ Definition
https://www.thinkadvisor.com/2023/02/08/lawmakers-grapple-with-accredited-investor-definition

Your Money Radio Podcast covers general topics & investment ideas for Research. It is for Educational & Entertainment purposes ONLY and is NOT meant to be Investment Advice.

If you want or need Investment Advice, contact your own advisors or reach out to Revere Asset Management for individual Investment Advice.

For more information, just go to RevereAsset.com.