Revere Asset Management - Your Money

 Does the casual investor really want an easily-manageable portfolio? Do people want a set-it-and-forget-it approach, or do they want to be informed, making wiser decisions with larger rewards? The shop breaks in the new studio to talk about stretch IRA’s, buying oil in 2023, and why Celsius is a watch (and not a buy) before diving into just how relevant the Gamestop short squeeze in the new film ‘Dumb Money’ actually is and how to find leading sectors worth investing in before the rest of the world finds it first. In this video for educational purposes only, Dan Stewart, Don Vandenbord, Michael Ramos, Ted Zhang, & Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study. — 0:00 – Opening Bell 02:00 – The New Retirement Bill (To Protect You from You) 14:00 – Powell Goes Hawkish 22:00 – Mailbag: Investing In Oil 29:00 – This Week in the Markets 35:00 – Leading Stocks Lead Both Directions 39:00 – Celsius: a WATCH, not a BUY 42:15 – Dumb Money – Reviewing The Gamestop Short Squeeze 52:00 – Finding Leading Sectors Before Everybody Else 56:00 – Breadth of the Week — Show Links: New retirement bill calls for Brokerage Window warning (protecting you from YOU?!) https://www.thinkadvisor.com/2023/09/18/new-retirement-bill-calls-for-brokerage-window-warning Gundlach’s 5 Top Market, Economic Predictions for 2024 and beyond https://www.thinkadvisor.com/2023/09/15/gundlachs-5-top-economic-predictions-for-2023-and-beyond The Big Incoming Estate Tax Exemption Cut is Just One Legacy Planning Trend to Follow https://www.thinkadvisor.com/2023/09/15/the-big-incoming-estate-tax-exemption-cut-is-just-one-legacy-planning-trend-to-follow 8 Factors to Consider Before Claiming Social Security https://www.thinkadvisor.com/2023/09/19/8-factors-that-influence-when-clients-should-claim-social-security IRA Beneficiary Payout Rules: The Madness Continues https://www.irahelp.com/slottreport/ira-beneficiary-payout-rules-%E2%80%93-madness-continues SEC expands its rule on Fund Names https://www.thinkadvisor.com/2023/09/20/sec-expands-its-rule-on-fund-names When will cash be outpaced by higher quality bonds https://www.fa-mag.com/news/when-will-cash-be-outpaced-by-higher-quality-bonds-74729.html Muni Bonds struggle to lure investors away from cash https://www.fa-mag.com/news/-all-about-the-5—-muni-bonds-struggle-to-lure-investors-away-from-cash-74747.html — 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 Revere Asset.com. The post Investing to Protect YOU From YOU | Your Money Podcast – Episode 468 appeared first on Revere Asset Management.

 Is NVIDIA slowing down? When’s the best time to buy into Celsius? And where’s Revere moving to? The shop does one more show from the old studio before the big move to a new studio next week to talk about weak knees in dividend stocks, review Michael’s bullish Uranium thesis, and why keeping a trading journal might be worth more to your portfolio than you might think. In this video for educational purposes only, Dan Stewart, Don Vandenbord, Ted Zhang, & Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study. — 0:00 – Opening Bell 04:45 – Mailbag: NVIDIA’s Slowing Progress & Celsius Entries 14:30 – This Week In the Markets 17:15 – Explaining Weakness in Dividend Stocks 24:15 – The Bullish Uranium Thesis 26:00 – Putting the M in CANSLIM 32:30 – Building Your Trading Journal 41:00 – Tracking Emotions in Trades — Show Links: Economic Data Point Diverge https://www.advisorpedia.com/markets/economic-data-points-diverge TBills vs Treasury Bonds: Which Should You Pick When the Yield Curve Inverts? https://www.thinkadvisor.com/2023/09/08/t-bills-vs-treasury-bonds-which-should-you-pick-when-the-yield-curve-inverts Beware Hidden Math in Robo-Advisor Subscription Fees, SEC Warns https://www.financialadvisoriq.com/c/4232814/545813/beware_hidden_math_robo_advisor_subscription_fees_warns What Clients should do as clock runs out on estate planning https://www.fa-mag.com/news/what-clients-should-do-as-clock-runs-out-on-estate-planning-74583.html Social Security COLA 2024 Estimates rises to 3.2% https://www.thinkadvisor.com/2023/09/13/social-security-cola-2024-estimate-rises-to-3-2 How to avoid a Cashier’s Check Scam at Schwab How to Avoid a Cashier’s Check Scam at Schwab — 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 Revere Asset.com. The post High-Stakes Emotional Trading Intelligence | Your Money Podcast – Episode 467 appeared first on Revere Asset Management.

 What is the closest thing to a perfect stock indicator? Market analysts everywhere have been dreaming of the perfect stock market crystal ball for decades, and this week Danny might just have the answer. The shop digs into using Adjusted EPS (or as Danny calls it, Marketing EPS), Apple’s expected move after China announced a ban on the iPhone, and how banks are aiming to finance the resolute consumer with a little interest-rate magic. In this video for educational purposes only, Dan Stewart, Don Vandenbord, Michael Ramos, Ted Zhang, & Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study. — 0:00 – Opening Bell 07:00 – Mailbag: Financing the Resilient Consumer 15:00 – This Week In the Markets 23:00 – Reviewing The Revere Volatility Adjusted Beta 30:00 – Debunking Adjusted EPS 42:00– China Bans the iPhone (and What That Means for Apple) 53:00 – This Week in the Breadth Charts — Show Links: Risk Free Government Debt: Fact or Fiction https://www.advisorpedia.com/markets/risk-free-government-debt-fact-or-fiction Fed set to double its economic growth forecast after strong U.S. data https://www.fa-mag.com/news/fed-set-to-double-its-economic-growth-forecast-after-strong-u-s–data-74542.html Wall Street Week Ahead: Investors lower outlook for consumers as student loans, credit card debts pile up https://www.reuters.com/markets/us/wall-st-week-ahead-investors-lower-outlook-consumers-student-loans-credit-card-2023-09-01 Federal Reserve: Agencies propose guidance to enhance resolution planning at large banks https://www.federalreserve.gov/newsevents/pressreleases/bcreg20230829b.htm 12 Facts about the Rating Agencies who Grade Annuities & Insurance Products https://www.thinkadvisor.com/2023/08/31/12-fast-facts-about-annuity-issuers-graders As Medicare Premiums whipsaw, focus on the Big Picture https://www.thinkadvisor.com/2023/08/29/as-medicare-premiums-whipsaw-focus-on-the-big-picture 6 New IRA Guidelines Advisors should know https://www.thinkadvisor.com/2023/07/24/6-new-irs-guidelines-advisors-should-know Morgan Stanley set for Full Rollout of AI Chatbot for Advisors https://www.thinkadvisor.com/2023/09/07/morgan-stanley-set-for-full-rollout-of-ai-chatbot-for-advisors The Closest Thing to a “Perfect” Stock Market Indicator https://www.advisorpedia.com/strategists/the-closest-thing-to-a-perfect-stock-market-indicator — 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 Revere Asset.com. The post The Closest Thing to a Perfect Stock Indicator | Your Money Podcast – Episode 466 appeared first on Revere Asset Management.

 Are you a Jim Cramer fan? Love him or hate him, he DID get a lot of folks started in investing, for better or worse. The shop digs into Cramer’s 5-month fund shuttering and the Fed’s new Bitcoin before diving into the mailbag for high APR in the solar sector, slowed consumer spending, and why free cash flow isn’t always the go-to metric for tracking growth – even if it is one of the best. In this video for educational purposes only, Dan Stewart, Don Vandenbord, Michael Ramos, Ted Zhang, & Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study. — 0:00 – Opening Bell 04:30 – Mailbag: ARRY’s 8% APR 13:00 – The Revere Volatility Adjustment Beta 16:30 – Mailbag: Slower Consumer Spending 20:00 – Mailbag: Holding Cash 32:00 – Repairing the Train Tracks 38:00 – 11 Charts For Growing Portfolios 45:00 – Five Leader Stocks to Watch 54:00 – Free Cash Flow – The Perfect Measurement? — Show Links: Do You own these chip stocks (NOT NVDA or ASML) https://www.advisorpedia.com/strategists/do-you-own-these-chip-stocks-not-nvda-or-asml Court paves way for first Bitcoin ETF in Greyscale ruling https://www.thinkadvisor.com/2023/08/29/court-paves-way-for-first-bitcoin-etf-in-grayscale-ruling IRS Extends Deadline for Catch-Up Contributions in New Secure 2.0 Guidance https://www.thinkadvisor.com/2023/08/25/irs-extends-deadline-for-catch-up-contributions-in-new-secure-2-0-guidance Deficit Surge will lead to lower rates, not higher https://www.advisorpedia.com/markets/deficit-surge-will-lead-to-lower-rates-not-higher 10 Annuity Tax Facts Advisors Should Know https://www.thinkadvisor.com/2023/08/22/10-annuity-tax-facts-advisors-should-know New Bill to extend REIT Tax perks to DBCs https://www.financialadvisoriq.com/c/4213883/540504/bill_extend_reit_perks_bdcs Massachusetts Cout’s Robinhood Ruling puts State’s ‘Fiduciary’ Tag of Broker-Dealers (don’t know how you do that!?) https://www.financialadvisoriq.com/c/4214303/540504/mass_court_robinhood_ruling_puts_state_fiduciary_broker_dealers Long Jim Cramer ETF Shutter after luring in just 1.3Mn https://www.fa-mag.com/news/long-jim-cramer-etf-shutters-after-luring-in-just–1-3-million-74372.html — 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 Revere Asset.com. The post Free Cash Flow and the New Bitcoin | Your Money Podcast – Episode 465 appeared first on Revere Asset Management.

 The un-retirement of America – it’s a frightening thing, if you’re not positioned for it. The shop digs into a recent Wells Fargo embarrassment, FINRA’s new run at Bounty Hunting, and why ROE is such an important metric for growth tracking (at least in Warren Buffet’s opinion) before diving into how the market’s moved since Jerome Powell’s Jackson Hole speech this morning and the eleven secondary indicators to watch for maximum growth. In this video for educational purposes only, Dan Stewart, Don Vandenbord, Michael Ramos, & Ted Zhang host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study. — 0:00 – Opening Bell 2:45 – FINRA: The Bounty Hunter 4:15 – Mailbag: T-Flow and T-Bills 8:30 – Seven Years in Revere 16:45 – Mailbag: Moving Money between Roth Accounts 22:30 – ROE: What Every Investor Should Know 33:00 – This Week in the Markets 43:00 – Tracking Billions in Bank Failures Since 2008 47:50 – 11 Secondary Indicators Underneath the Markets — Show Links: Big Banks have massive exposure: A Review of the PACW & BANC Merger https://seekingalpha.com/article/4625013-big-banks-have-massive-exposure-a-review-of-the-pacwest-and-banc-of-california-merger Schwab raising debt after news of job, real estate cuts to cuts https://www.fa-mag.com/news/schwab-to-cut-staff–real-estate-to-save–500-million-a-year-74375.html Schwab moves to raise debt after news of job, office cuts https://www.thinkadvisor.com/2023/08/22/schwab-moves-to-raise-debt-after-news-of-job-office-cuts Models used to sell fixed indexed annuities are often misleading Morningstar says https://www.fa-mag.com/news/models-used-to-sell-fixed-indexed-annuities-are-often-misleading–morningstar-says-74363.html SEC to approve several ETFs that track Crypto Futures https://www.financialadvisoriq.com/pc/4207054/544533?all=true Schwab’s Sonders answers 7 Market Questions for Investors (but nothing valuable-maybe she should help Schwab internally 🙂) https://www.thinkadvisor.com/2023/08/21/schwabs-sonders-answers-7-market-questions-for-investors Half of Older Americans considering ‘Unretirement’ https://www.thinkadvisor.com/2023/08/23/half-of-older-americans-considering-unretirement-survey FINRA the ‘Bounty Hunter?’ FA’s Lawsuit Challenges Regulatory Authority https://www.financialadvisoriq.com/c/4209514/544673/finra_bounty_hunter_lawsuit_challenges_regulator_authority Wells Fargo to Pay $35Mn Over Excessive Fees https://www.thinkadvisor.com/2023/08/25/wells-fargo-hit-with-35m-sec-penalty-over-excess-fees — 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 Revere Asset.com. The post FINRA: The Bounty Hunter | Your Money Podcast – Episode 464 appeared first on Revere Asset Management.

 Are the deficits simply a myth? Dan wonders if the Fed’s raising interest rates high enough to keep pensions in check, but it’s hard to say. The shop dives into the mailbag to talk about what market cycles mean for investors and this week’s 5% pullback before digging into an interesting opportunity in the energy sector, how to spot a leader, and the top ten breadth charts for this week in the markets. In this video for educational purposes only, Dan Stewart, Don Vandenbord, Michael Ramos, Ted Zhang, & Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study. — 0:00 – Opening Bell 08:00 – Mailbag: Same Investor, Different Firms 11:30 – What Market Cycles Mean for Investors 14:30 – This Week In the Markets 22:00 – Anticipating the 5% Pullback 31:00 – CEIX: Coal in the Energy Sector 43:00 – Leaders & Indicators 48:30 – The Top Ten Breadth Charts — Show Links: What Market Cycles mean for clients https://www.fa-mag.com/news/what-cyclical-markets-mean-for-clients-74265.html Plan not for 2026 Tax Law Sunset, Adivsors warn https://www.fa-mag.com/news/plan-now-for-2026-tax-law-sunset–advisors-warn-74247.html The Myth of the Deficit Myth https://www.advisorpedia.com/viewpoints/the-myth-of-the-deficit-myth 15 Technologies that will change the World https://www.advisorpedia.com/fintech/15-technologies-that-will-change-the-world Schwab Blames TD Ameritrade integration for Attrition of Assets https://www.financialadvisoriq.com/c/4199214/540414/schwab_blames_ameritrade_integration_attrition_assets U.S. Wealth drop https://www.financialadvisoriq.com/c/4201234/540424/wealth_drops_first_time_since_financial_crisis 90% of Americans Plan to Claim Social Security Before 70 https://www.thinkadvisor.com/2023/08/08/90-of-americans-plan-to-claim-social-security-before-70-survey Only 16% of Californians cannot afford to buy a home https://www.fa-mag.com/news/only-16–of-californians-can-afford-to-buy-a-home-74255.html — 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 Revere Asset.com. The post How to Master the Market Cycles | Your Money Podcast – Episode 463 appeared first on Revere Asset Management.

 I think I can, I think I can, I think I can… but what if the markets can’t? This week on Your Money, Danny covers the single hardest lesson for any new CANSLIM investor to learn and the equity curve of growth stock investing before diving into the Revere Asset mailbag, the seven types of investments to avoid, and whether or not you should be buying into the datacenter sector heading into the weekend. In this video for educational purposes only, Dan Stewart, Don Vandenbord, Michael Ramos, Ted Zhang, & Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study. — 0:00 – Opening Bell 2:45 – Seven Types of Investments to Avoid 11:30 – Mailbag: Correspondence from South Africa 16:45 – The Hardest Lesson for New CANSLIM Investors 29:00 – Revealing the Equity Curve 43:00 – Buying the Datacenter Bubble 52:15 – Tracking Investor Sentiment 57:15 – Weightloss Buys & Fundamentals 01:04:00 – This Week in the Markets — Show Links: 7 Types of Investments Clients Should Avoid: Advisor’s Advice https://www.thinkadvisor.com/2023/08/07/7-types-of-investments-clients-should-avoid-advisors-advice RIP, Recession. Is it time to worry about inflation agian? https://www.fa-mag.com/news/rip–recession–is-it-time-to-worry-about-inflation-again-74199.html Social Security COLA 2024 Estimate Holds Steady a 3% https://www.thinkadvisor.com/2023/08/10/social-security-cola-2024-estimate-holds-steady-at-3 Roth IRA: The intriguing mathematics for high wealth taxpayers https://www.fa-mag.com/news/roth-iras–the-intriguing-mathematics-for-high-wealth-taxpayers-74192.html Conventional Financial Planning is Far Worse than Anyone Thinks https://www.advisorpedia.com/strategists/conventional-financial-planning-is-far-worse-than-anyone-thinks — 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 Revere Asset.com. The post The #1 Lesson for CANSLIM Investors | Your Money Podcast – Episode 462 appeared first on Revere Asset Management.

 The markets, charts, interest rates, the dollar? There’s a lot going on at the shop when Danny’s out of town. This week on the show, Don digs into the markets, reviews the numbers behind the Revere Volatility Factor, and Ted reports on his ten hand-picked breadth charts for the week before diving into the expected seasonal trends coming with August and the trouble with virtue signaling when it comes to public trading. In this video for educational purposes only, Don Vandenbord, Michael Ramos, Ted Zhang, & Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study. — 0:00 – Opening Bell 1:30 – This Week in the Markets 7:45 – The Trend Gauge & The Tail of the Tape 9:30 – Mailbag: 53% Invested 12:30 – Calculating the Revere Volatility Factor 17:45 – Ten Charts for Breadth Data 22:00 – Seasonality: Sell in May, Go Away 27:45 – Virtue Signaling in the Markets 39:30 – On Apple and Amazon — 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 Revere Asset.com. The post The Dog Days of Summer | Your Money Podcast – Episode 461 appeared first on Revere Asset Management.

 A Mea Culpa for Morgan Stanley? Like Danny says, it’s okay to BE wrong, but it’s not okay to STAY wrong. The shop digs into Morgan Stanley’s recent admission of guilt, greenwashing, ESG, and ten low-risk entry stocks to keep an eye on for growing gains. In this video for educational purposes only, Danny Stewart, Don Vandenbord, Michael Ramos, Ted Zhang, & Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study. — 0:00 – Opening Bell 06:00 – Reviewing ESG 13:00 – Mailbag: Revisiting Transmedics 18:00 – Fundamental Copper Miners 27:00 – Ten Stock Names Worth Watching 35:30 – In-House Charts for Following Fundamentals 42:15 – This Week in the Markets 45:45 – Yen and the Carry Trade — Show Links: Morgan Stanley’s Wilson (Chief Strategist) offers mea cupla (stayed bearish too long: It’s OK to be wrong, It’s NOT OK to stay wrong!) https://www.fa-mag.com/news/-we-were-wrong—morgan-stanley-s-wilson-offers-stocks-mea-culpa-74012.html What to expect in the 2nd Half of 2023 – Stephanie Link https://www.thinkadvisor.com/2023/07/21/what-to-expect-in-the-second-half-of-2023 New Bill would levy social security taxes on wealthy pass-thoughs https://www.fa-mag.com/news/new-bill-would-levy-social-security-taxes-on-wealthy–pass-throughs-74008.html ESG is dying its inevitable death https://www.advisorpedia.com/strategists/esg-is-dying-its-inevitable-death Why we should be advocating against the supposed ‘ESG Backlash’ https://www.advisorpedia.com/esg/why-we-should-be-advocating-against-the-supposed-esg-backlash Is the new AI cool for wealth management https://www.fa-mag.com/news/is-the-new-ai-cool-for-wealth-management-73835.html 6 New IRA guidelines advisors should know https://www.thinkadvisor.com/2023/07/24/6-new-irs-guidelines-advisors-should-know – 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 Revere Asset.com. The post Ten Low-Risk Entry Stocks | Your Money Podcast – Episode 460 appeared first on Revere Asset Management.

 Is being a fiduciary enough? Is AI ever going away? And what’s this magic ETF Danny’s discovered that won’t ever lose money? This week on Your Money, the shop reviews Netflix’s Thursday selloff (and whether or not you should be getting defensive) before diving into Tesla’s rocky activity, reviewing a Taiwanese semiconductor company’s recent moves at their Arizona factory, and how the Advance Decline Line’s been moving on 2023’s Magnificent Seven. In this video for educational purposes only, Danny Stewart, Don Vandenbord, Michael Ramos, Ted Zhang, & Connor Bates host The Your Money Video Podcast + Live Trading and Watchlist Stocks to Study. — 0:00 – Opening Bell 06:15 – AI’s Magnificent Seven 10:30 – Mailbag: Tesla & Netflix’s Thursday Selloff 15:30 – Expecting the Marketmaker Move 18:30 – Talking TSLA 27:30 – This Week in the Markets 34:45 – Analyzing Taiwan’s Semiconductor Sector 42:00 – DOW Jones & the QQQ 46:30 – Sentiment on the Advance Decline Line — Show Links: Wall Street set for new ETF that offers 100% downside protection (with CAPS!!) https://www.fa-mag.com/news/wall-street-set-for-new-etf-that-offers-100–downside-protection-73940.html Top Heavy NASDAQ 100 gets tweaked https://www.fa-mag.com/news/top-heavy-nasdaq-100-gets-tweaked-73934.html Being a ‘Fiduciary’ is no longer good enough https://www.fa-mag.com/news/rias-need-to-up-their-customization-game–cerulli-says-73981.html New Annuity quote site shows the numbers (for commission free Series 65 Fee Only Annuities) https://www.thinkadvisor.com/2023/07/17/new-annuity-quote-site-shows-the-numbers PlanEasy Fixed Annuity Screener Rates https://planeasy.com/fixed-annuity-marketplace Gundlach tangles with ex-partner over value of Doubleline stakes https://www.fa-mag.com/news/gundlach-tangles-with-ex-partners-over-value-of-doubleline-stakes-73945.html Spread of AI in Advice could prompt more rules, SEC Chair says https://www.financialadvisoriq.com/c/4157484/538373/spread_advice_could_prompt_more_rules_chair_says – 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 Revere Asset.com. The post Talking TSLA | Your Money Podcast – Episode 459 appeared first on Revere Asset Management.