Wealth of Knowledge - Blogs by Jason Blumstein, CFA®, CEO & Founder of Julius Wealth Advisors, LLC
Wealth of Knowledge is a blog that focuses on long-term sustainable wealth management, investments, and human behavior.
Blogs are written focusing on Julius Wealth Advisors core services of Investment Management, Financial Planning, and Behavioral Coaching.
Your Personal Finances: What Doesn't Kill You, Makes You Stronger…and Wealthier!
We’ve all heard the saying “What doesn’t kill you, makes you stronger.” It’s used in movies, countless motivational speeches, social media graphics, and even pop songs. The problem is that as human beings,...Read More
From Surviving to Thriving: How to Take Control of Your Finances After Losing Your Income
One thing that most people have in common is that they would never want to lose their income. However, as the possibility of a recession continues to make headlines, it’s easy to understand why people are worried. The reality is...Read More
4 Secrets of Investment Success
Investing can feel like a bit of a mystery – I find this to be ironically true in today's age of information. In the past, accessing information about investing wasn’t easy because it wasn’t readily available...Read More
The Top 3 Reasons Why Most Investors Fail
We’ve all heard the cliche that “history is written by the victors.” Well, the world of investing is no different. When it comes to the news, social media, or even conversations with friends, we only hear about...Read More
The Home Purchase Process 101: So, You Decided to Take the Plunge!?!?
Ah, Spring has sprung! Growing up in South Florida, I had no clue what the seasons were. As my dad, a native New Yorker, often told me, “Florida only has 3 seasons, hot, hotter, and bleeping hot!” Since I...Read More
The Truth about Homeownership: It’s not always a good idea!
If you asked anyone of your friends, family, or colleagues what their goals for the future were, I’m willing to bet that purchasing a house will come up at some point. After all, this is the great “American dream”...Read More
10 Takeaways from the 2022 Berkshire Hathaway Shareholder Letter
This time of the year is typically the doldrums for me. It’s still cold out, there are no major holidays and no great sports. Football has ended and baseball has not yet begun. The highlight of this time of year...Read More
The Quest for Balance: A guide to building wealth and a life that you actually want
When it comes to finding success and balance in life, you’ve been given similar advice to most other working people today. “You only get out what you put it”, “Time is money”, and other messages sell us on...however, this is all wrong!Read More
Just Start. 2.0: Just start and start again
Well, the New Year is upon us again. Last year at this time, I wrote about the importance to Just Start on your sustainable wealth creation journey. After an outsized down year across most financial assets in 2022, this has...Read More
H.E.N.W.Y vs H.E.N.R.Y: Why You Don't Want to Be Rich!
If you went up to a child and asked them whether they wanted to be wealthy, I’m confident that they answer that they want to be rich. My guess is that would say this for two reasons: They might not understand the difference...Read More
How a Potential Recession Affects Your Portfolio - A R.E.A.L. Investor's Guide
Worried about the current bear market and a potential recession? Let's put this into the proper perspective. Learn to be R.E.A.L. by obtaining knowledge for long-term investors, HENWYs (High Earners Not Wealthy Yet), and savers alike!Read More
3 Reasons Why You Should Start the Wealth Management Journey Early
Of all the questions I get asked about investing, one of the most common that I get asked - especially from young investors - is “when should I start?” This is a great question because how you start something matters.Read More
3 Ways Higher Interest Rates can be Positive
No matter where you get your news, I think we can all agree that the tone has been overwhelmingly negative of late. This is upsetting because a lot of people just go by the headlines which are raising a lot of alarm bells about...Read More
How Inflation and High Interest Rates Affect Investing
If you turned on your TV, opened a newspaper, or checked your phone at any point in the last month, it's very likely you saw the word inflation. Amongst all the pressing issues currently being discussed, inflation is always high on...Read More
Managing Wealth During Uncertainty and Volatility
As a society, we often do everything we can to avoid uncertainty. Whether it’s checking the weather before we leave the house or getting insurance to protect us from unfortunate events, we do what we can to avoid uncertainty....Read More
What is Risk?
With the market's sharp declines so far in 2022, it’s almost impossible to have a conversation about investing without the word risk or its close siblings volatility and uncertainty coming up. You’ll hear things...Read More
What’s the #1 Answer in Finance?
Newton's 3rd Law states that every action has an equal and opposite reaction. Well, we saw this take place with the recent Tyreek Hill trade to the Miami Dolphins. This law applies at work, in sports, and of course, to your finances...Read More
How about some Good News?
Since the beginning of 2022, it feels as if there hasn’t been much good news. Financial markets have been down, a war broke-out in Ukraine, and I officially became old when I turned 40 in mid-February! You looking for some good news?...Read More
Let’s Play Moneyball
I know it’s been 10 years since the film was released, and 18 years since the book that inspired it was published, but I want to talk about Moneyball. As a sports fan, this movie and portrayal of the 2002 Oakland A’s was...Read More
Are You (Not) Mortgaging Away Your Future?
No matter how old you are, at some point or another, you will have heard someone talk about ‘The American Dream’. This is an ideal that has been the inspiration of countless films, TV shows, books, art, and more....Read More
The new year is upon us once again, and I’m sure like many others, you’re experiencing similar feelings of reflection and optimism. Reflecting on the things you could’ve done differently over the past 12 months,...Read More
Your Guide to Inflation: The Good, the Bad, and 3 Ways to Help Fight it
With the news this past Friday that the US Inflation rate hit a 39-year high of 6.8% in November, we should talk about inflation. It’s a word that you’ll hear on the news or read online almost daily when the subject of...Read More
To a Better Future and Beyond
Sustainability has been the flavor of the month for what feels like the last five years. It’s been a topic not far away from many people’s minds, especially now in light of the recent COP26 that has been making headlines...Read More
The 10-Year-Old Investor
I didn’t come from money. Actually, the opposite is true. Before I was 10, my family had fallen apart, my father had lost his business, and our home was repossessed by the bank. At the time, my brother...Read More