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Robert Brokamp

👤 Speaker
1796 total appearances
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Podcast Appearances

Motley Fool Money
Investment Accounts for Kids

As always, people on the program may have interest in the stocks they talk about, and The Motley Fool may have formal recommendations for or against, so don't buy or sell stocks based solely on what you hear.

Motley Fool Money
Investment Accounts for Kids

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Motley Fool Money
Investment Accounts for Kids

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Motley Fool Money
Investment Accounts for Kids

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Motley Fool Money
Investment Accounts for Kids

I'm Robert Brokamp.

Motley Fool Money
Investment Accounts for Kids

Fool on, everybody.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

A couple's financial manifesto revisited and the Dowdy Dow has its day.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

You're listening to the Saturday Valentine's Day personal finance edition of Motley Fool Money.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

I'm Robert Brokamp, and this episode, I'm going to do something I've never done over my 14 years of podcasting.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

I'm going to have my wife on as a guest as we look back on a plan for how we'd manage our finances that we wrote together 26 years ago.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

But first, let's discuss some items from recent headlines.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

On February 6th, the Dow Jones Industrial Average

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

$50,000 for the first time after crossing $40,000 less than two years ago.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

Plus, as pointed out in a recent Wall Street Journal article, it has been the index to beat over the past few months.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

Since Halloween, the Dow has returned 5.9% compared to 1.8% for the S&P 500 and a loss of 2.6% for the Nasdaq.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

The Dow, which was called the old man index by a 30-year-old investor quoted in the journal article, has benefited from a lower allocation to the recently lagging tech sector and higher allocations to surging sectors like industrials, materials, and energy.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

It is admittedly a quirky index, weighting its 30 holdings according to each company's stock price instead of their market capitalizations.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

Currently, the top holdings are Goldman Sachs at 12%, Caterpillar at 9%, and then

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

Microsoft, Home Depot, Amgen, Sherwin-Williams, and American Express each come in at around 5%.

Motley Fool Money
A Couple’s Financial Manifesto, Revisited

That makes for a diversified mix of holdings that, at least currently, is working out pretty well.