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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. 

Wednesday, February 28, 2024

Financial literacy, or a lack thereof, has been an ongoing issue in this country. We spend most of our young lives in formal education (school and university), yet most Americans don’t have the first clue about anything...

Thursday, February 15, 2024

Explore key liquidity strategies for financial health: setting up an emergency fund, smart use of credit, investing in liquid assets, and leveraging Roth IRAs. Learn to balance immediate access with long-term growth for a stable future.

Thursday, January 11, 2024

And just like that, 2024 has arrived. If you’re like me, the last 12 months probably felt like they simultaneously rushed by while moving at a glacial pace. 2023 had all of the usual suspects; geopolitical events, economic...

Thursday, December 7, 2023

Last Tuesday, a message in a chat of two lifelong friends — bonds forged over 25+ years —stopped me in my tracks. It contained a news article, “Charlie Munger, Warren Buffet’s right-hand man at Berkshire...

Thursday, November 9, 2023

Welcome to the pre-game huddle. Picture this: an athlete at the peak of their career, millions in the bank, but then, fast forward a few years, and they're struggling financially. Unfortunately, this isn’t just a cautionary tale;...

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Thursday, October 12, 2023

In the journey of life, there inevitably comes a moment of introspection when we pause to contemplate our values, experiences, and the state of our world. Recent events in Israel have propelled me to this juncture and prompted a moment...

Thursday, September 28, 2023

What do you do when you get bored? It’s an uncomfortable feeling that no one enjoys. If you’re a parent like me, you’ve likely heard the phrase “I’m bored” more times than you can count. You see,...

Thursday, September 14, 2023

When considering the myriad factors that determine life's outcomes, timing stands as a paramount determinant. It holds the power to transform life's trajectory, both personally and professionally. The importance of timing was even at...

Thursday, July 13, 2023

Why do you get up and go to work every day? Is it to provide for your family? Maintain your lifestyle? Or build to something bigger in the future? Whatever your motivations, I think that we can all agree that you will want to keep as...

Thursday, June 29, 2023

For small business owners, every dollar counts. Whether it’s increasing sales, adding a new product, or cutting down on spending, I’m sure you’re looking for any way to cut costs and increase profits. As, at the end...

Thursday, June 8, 2023

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,...

Thursday, May 25, 2023

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...

Thursday, May 11, 2023

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...

Tuesday, April 11, 2023

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...

Thursday, March 30, 2023

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...

Thursday, March 9, 2023

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”...

Thursday, March 2, 2023

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...

Wednesday, February 15, 2023

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!

Wednesday, January 4, 2023

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...

Tuesday, November 8, 2022

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...

Thursday, September 29, 2022

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!

Thursday, September 8, 2022

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.

Tuesday, August 9, 2022

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...

Thursday, June 30, 2022

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...

Wednesday, June 15, 2022

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....

Thursday, May 19, 2022

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...

Wednesday, April 6, 2022

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...

Wednesday, March 9, 2022

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?...

Tuesday, February 8, 2022

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...

Wednesday, January 19, 2022

 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....

Tuesday, January 4, 2022

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,...

Sunday, December 12, 2021

With the news this past Friday that the US Inflation rate hit a 39-year high of 6.8% in November[1], 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...

Wednesday, November 24, 2021

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...

Wednesday, November 10, 2021

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...