Category Archives: Daily Top Ten

TOPLEY’S TOP 10 August 19 2024

1. History of September Returns

Nasdaq Dorsey Wright


2. Tech/Healthcare/Telecom Percentage of Global Equity at Previous Peaks


3. Gains Since August 5th Lows


4. Warren Buffett Updated Holdings


5. Buffett Sale-Snowflake -54% Correction from High to Low

Year to date -32%


6. Commodities vs. Stock Valuations at 50 Year Lows

Jonathan Baird https://www.linkedin.com/in/jonathanbaird88/


7. Unfunded Pensions in Europe


8. 109% More Home Listings in South than Northeast and Midwest Combined


9. South Florida Condo Fees +60% Since 2019

From Yahoo Finance

https://www.dailymail.co.uk/news/article-13739993/florida-real-estate-crisis-condo-owners-slash-prices.html


10. Can Your Mind Heal Your Body?

Psychology Today
Why beliefs, expectations, and perceptions impact our physiology and health. Gina Simmons Schneider Ph.D.

Key points

  • Evidence shows our beliefs influence our health.
  • Expectations about medications shape the body’s response to treatment.
  • Mindfulness provides measurable positive health outcomes.

Faith healers and psychics have long claimed magic powers to heal the body. In the late 19th century, spiritualists asserted that they could heal the sick, speak to the dead, and move objects with the mind.

At that time, psychology was a newly emerging science. American philosopher and psychologist William James, along with a brilliant, multi-disciplinary group of scientists including one who earned a Nobel Prize in medicine, led a serious investigation into clairvoyance and other paranormal phenomena. Their research exposed many charlatans. However, under controlled conditions, they found evidence that some clairvoyants received and communicated information that could not be explained rationally.

Many of these researchers yearned to find scientific evidence supporting life after death and other paranormal events. Battles emerged as one group of researchers fell under the spell of mediums and the other group sought rational explanations for their elaborate ghost-summoning performances. In the end, many of these scientists discovered that belief is a more potent influencer than proof (Blum, D. 2007).

The Power of Belief

Contemporary researchers found evidence that our beliefs have physiological effects on our bodies. In one study, researchers randomly assigned hotel maids into two groups. One group was told that their work met the Surgeon General’s requirements for a healthy exercise regimen. The other group served as a control.

All the maids submitted to physiological measures before and after the study. After four weeks, those who believed their work satisfied the requirements for a healthy lifestyle showed a decrease in weight, blood pressure, body fat, waist-to-hip ratio, and body mass index compared to the control group of maids doing the same work (Crum, A. and Langer, E. 2007).

A study conducted in 2009 looked at a patient with giant cancer tumors in his armpits, groin, and abdomen. His doctors believed he had only days to live. After receiving an experimental drug, his tumors disappeared. When he learned later that the drug failed in clinical trials, his tumors returned.

After that, doctors told him they were giving him a “double strength” medication (a placebo), and the tumors vanished again. Eventually, he read that the drug he took was worthless. He died days later (Vernillo, A. 2009).

In another study, Alia Crum and colleagues wanted to see if our beliefs about the calories consumed would affect our physiology. In this study, they invited a group of participants to come into a lab twice and drink a milkshake. Subjects submitted to physiological tests before and after drinking the milkshake.

On each visit to the lab, the subjects were given a milkshake with a fake nutritional label. On one occasion, they drank what they were told was a “sensible milkshake” of 140 calories. On the second visit, they were told the milkshake was an “indulgent milkshake” with 620 calories. Participants did not know they were drinking a milkshake of 380 calories on both visits to the lab.

The experimenters looked at changes in levels of the hormone ghrelin. Ghrelin is a hormone that goes up and down throughout the day in response to our feelings of hunger and satiation. It goes up to signal we are hungry and goes down when we feel full.

The experimenters were astonished that the hormone responded to the subject’s beliefs about the calories they were consuming. Those who thought they were drinking the “indulgent” shake showed a rapid decrease in ghrelin. Those who thought they were drinking the “sensible” shake showed a flattening of the ghrelin level like one would experience eating a light snack (Crum, A. et al. 2011).

Expectancy Effects

Our expectations about medical treatments influence how the body responds to treatment. In an immunology study involving children with peanut allergies, all subjects were given oral immunotherapy drugs to help desensitize their allergic reactions. Many patients drop out of this treatment due to side effects that cause anxiety. Researchers set out to see if changing the patient’s mindset about side effects might produce better treatment outcomes.

In the study, one group of families was told that non-life-threatening side effects meant that the medication was working as intended to desensitize them to the allergen. The other group was told they might experience non-life-threatening side effects. After six months of immunotherapy, the group told that side effects meant the medication was working experienced less anxiety, better treatment compliance, fewer negative side effects, and had greater desensitization results than the control group.

Many of us go to the eye doctor for our annual prescription and assume our eyesight is static with normal deterioration with aging. Ellen Langer and colleagues at Harvard challenged that assumption. In one experiment, students from MIT’s ROTC program were asked to enter a flight simulator. After taking a vision test, they entered the simulator.

Some were asked to play the role of pilot, aware that pilots need to have perfect vision to qualify. Others merely entered the simulator without performing the duties of a pilot. Forty percent of those designated as “pilots” showed improved vision compared to controls who were not role-playing pilots in the simulator.

In another study, subjects showed improvement in their vision after the experimenter flipped the eyechart so that the letters got larger rather than smaller. Subjects were able to read the smaller print. We expect to fail as the test goes on. Once that expectancy is disrupted, our vision improves (Langer, E. 2023).

The Mind-Body Connection

The mind and body connect in a complex web of neural networks. A recent study published in Nature used precision fMRI to map mind-body connections. The brain’s motor circuits, cognitive functioning, and perception are entwined with basic body functions like breathing, heart rate, pain, and muscle tension (Gordon, E.M. et al., 2023). This shows that we cannot separate our thoughts and perceptions from our physiology.

There is ample evidence that mindfulness, (defined as paying attention to moment-by-moment changes on purpose without judgment), offers significant health benefits. Mindfulness lowers stress-related disease symptoms and inflammation. When we notice negative and positive physical changes it helps us make minor adjustments that prevent injury. Awareness encourages us to seek medical treatment for symptoms sooner, which leads to better health outcomes if we get sick.

These and many more studies demonstrate that the mind can mobilize the body’s healing properties. Begin by harnessing your beliefs in the service of your health and well-being.

Practice mindfulness and notice subtle improvements and discomforts in your body. Provide comfort if needed and understand what fuels your joy and contentment. Visualize positive outcomes while receiving medical treatment. Allow yourself to have positive expectations for your health and future. It may not be magic, but your magnificent human mind is mighty powerful.

Facebook/LinkedIn image: GaudiLab/Shutterstock 

 https://www.psychologytoday.com/intl/blog/frazzlebrain/202406/can-your-mind-really-heal-your-body

TOPLEY’S TOP 10 August 16 2024

1. Interesting Stat on Chat GPT


2. .$3B in Forced Sales (Margin) Crypto First 7 Days in August


3. Consumers Not Slowing at Walmart

Morningbrew One of the main beneficiaries of US consumer spending was Walmart, which said sales increased by 4.2% last quarter, operating income jumped by 8.5%, and digital sales rocketed up 22%. The retailer also raised its outlook for the rest of the year as shoppers power through their weariness about inflation


4. Year to Date-Walmart Doubles the Return of Amazon

www.yahoofinance.com


5. Equal Weight Sector Index…Utilities Outperform Next Closest Sector by 5%

Nasdaq Dorsey Wright
Utilities is far and away the best performing equal weight sector through the start of the year. Up almost 16% year-to-date (through 8/14), the Invesco S&P Equal Weight Utilities ETF (RSPU) has outperformed the next highest equal weight sector by over 5%, as seen in the graph below. Equal weighted ETFs can be a measure of how well the average stock is performing, which means the average utility stock has done better than the average stock of any other sector so far this year. In fact, utilities is the only equal weighted sector to outperform the S&P 500 (SPX) YTD

https://www.nasdaq.com/solutions/nasdaq-dorsey-wright-research-platform-login


6. Dip Buyers Stick with Mega Cap Stocks.

Equities: Just give me the largest 50 stocks and forget the rest …

Source: The Daily ShotSource: @markets   Read full article


7. Travel and Leisure Stock Post Covid

https://www.capitalgroup.com


8. China Home Sales Slump to 9-Year Low

Also, While Chinese industrial and retail reports for July were mostly a mixed bag, the elephant in the room remains the ailing housing sector and Thursday’s data showed China’s new home prices fell at the fastest pace in nine years in July.


9. In U.S….Ultra-Luxury Sales Hitting Record

A $115 million purchase of a duplex high above New York’s Central Park in June ended a nearly two-year drought for the city’s ultra-luxury real estate market.

The closing was ultimately a turning point. Less than a month later, a nearby five-story penthouse went for $135 million.
With more than four months of the year still to go, home sales of $100 million or more are on pace to set a new record in the city. Billionaires globally have seen their wealth boom, generating momentum for major home purchases. The pace of sales is spurring optimism among agents tasked with finding buyers for other top listings around the US.

Nationwide, there have been six deals at $100 million or above this year through the end of July, just three shy of a record set in 2021. Those have stretched from Southern California, where an oceanfront estate notched a record for the state at $210 million, to Aspen, Colorado — where a transaction this year crossed the nine-figure threshold for the first time.

https://www.bloomberg.com/news/articles/2024-08-16/ultra-luxury-home-sales-in-us-are-on-pace-to-set-a-new-record?srnd=homepage-uk&sref=GGda9y2L


10. Robot’ Dogs of War Deployed in Ukraine

The robotic K-9s, which resemble the commercially developed Unitree Go2 quadruped, have been used to collect data, transport cargo, and perform surveillance.

by Peter Suciu 
“Cry ‘Havoc!’ And let slip the dogs of war” probably wasn’t actually uttered by Roman General Mark Antony. It was simply an invention of William Shakespeare for the play “Julius Caesar.” The line wasn’t even about actual canines. But the passage serves to remind us that man’s best friend has also marched to war for eons. Dogs have tracked enemies, guarded prisoners, and protected soldiers since antiquity. Though these loyal companions are all too willing to put their lives on the line—and in fairness really can’t understand the risks they face—there are now efforts to develop a more disposable version of canine warriors.

Enter the Robot Dogs of War
In June 2022, the U.S. Army announced it would provide Kyiv with a pair of robotic dogs that could aid in clearing minefields and in the disposal of other ordnance. The robotic canines were seen as being just as effective as living, breathing dogs at sniffing out landmines, and they would not be distracted.

Most importantly, the innovation meant that real dogs wouldn’t have to risk life and paw in the process.
Two years later, Ukrainian soldiers from the 28th Separate Mechanized Brigade are taking to Telegram to share results from field testing of a robotic dog in combat conditions. While robotic dogs have already been used as guards to patrol the perimeter of a military base, the Ukrainian robotic dogs have been employed as scouts near villages on the frontlines around Toretsk, near the destroyed city of Bakhmut.

The robotic K-9s, which resemble the commercially developed Unitree Go2 quadruped, have been used to collect data, transport cargo, and perform surveillance.  “The robotic dog in use possesses advanced technological features that make it especially suitable for such tasks. It has high mobility due to its four-legged design, allowing it to overcome various obstacles and operate on uneven surfaces,” United 24Media reported. “Its balance system ensures stability, while advanced sensors and cameras enable it to accurately perceive its surroundings and avoid obstacles.”

https://nationalinterest.org/blog/buzz/robot-dogs-war-deployed-ukraine-212299

TOPLEY’S TOP 10 August 15 2024

1. What Mall REIT is Beating S&P on 1-Year Returns? SPG Simon Property Group

4.5% Yield   +31% One-Year.


2. XLV Healthcare ETF

Breaks out of a 3-year sideways pattern.

www.stockcharts.com


3. Investors Adding to Healthcare

DC Lite Blog FMS rotation. “Investors increased allocation to bonds, cash, and healthcare … and reduced allocation to equities, Japan, Eurozone, and materials.”

Michael Hartnett – BofA   DC Lite Blog https://www.dailychartbook.com/s/dc-lite


4. Consumer Spending is Favorite Topic of Summer…XRT Retail ETF +2% YTD

Sideways in 2024


5. But…U.S. Economy Grew at Faster than Expected Pace in Q2

From Spilled Coffee Blog
Let’s take a look at that. Did you know that the US economy grew at a faster than expected pace in Q2? Try the third best quarter of GDP growth since Q4 2021.

Source: Brian Sozzi


6. Talk of a Government Bitcoin Reserve…..Right Now Its Gold and Oil

Barrons By Joe Light

https://www.barrons.com/articles/crypto-volatility-makes-a-u-s-bitcoin-reserve-unlikely-6d960a30?mod=past_editions


7. Has The FED Largesse Has Led to This Chart?

Zerohedge

https://www.zerohedge.com/economics/it-became-necessary-destroy-global-economy-save-it


8. Chicago Population Dropped 9 Years in a Row

Illinois Policy Bryce Hill

Chicago population hits lowest point since 1920 (illinoispolicy.org)    
Found at King Report https://mramseyking.com/


9. Demographics Line Up for Housing…If We Can Get Supply and Affordability


10. Research Shows Coffee Makes You Healthier and Happier, but If You Want to Boost Your Energy Level and Memory, There’s a 7-Day Catch

Drink coffee for health benefits? Absolutely. Drink coffee to kick-start your energy levels and even your memory? Definitely–but not every day of the month.
 
Expert Opinion By Jeff Haden, Contributing editor, Inc. @jeff_haden
Coffee does plenty of cool things.
Coffee can reduce your risk of cancer up to 20 percent, your risk of type 2 diabetes by 30 percent, and your risk of Parkinson’s disease by 30 percent. A study published in Circulation found that coffee can reduce the risk of stroke by 20 percent. A study of over 260,000 people conducted by the NIH found that people who drank four or more cups of coffee a day were nearly 10 percent less likely to become depressed than those who drank none.

Coffee can also make you smarter. While research has found little to no effect from ingesting caffeine prior to creating new memories, one study determined ingesting caffeine after a learning task improved memory recall up to 24 hours later.
Drinking a little coffee kick-start your day? Makes sense. So does drinking a little coffee later in the day to better retain what you’ve learned during the day.

But there is one catch. 

Caffeine blocks adenosine — a nucleoside that modulates physiological processes — from binding to receptors in your brain. When adenosine can’t bind, you feel (or keep feeling) alert and awake. That’s one reason why drinking a lot of coffee makes you feel really awake.
Yet not indefinitely. When your body recognizes that adenosine isn’t binding, your body responds by creating more receptors. A 2012 study found that within three days of consistent caffeine ingestion, the number of adenosine, nicotinic, and muscarinic (a chemical that modulates neuronal excitability) receptors significantly increases.

That’s why you need an extra cup of coffee to kick-start your day. That’s why you need a couple of cups after lunch. In simple terms, your body builds up its tolerance, and the effect diminishes. And that’s why the inevitable caffeine crash — and headache — is so dramatic and even painful; more receptors means your body is even hungrier for caffeine.

As with most things, your constantly caffeinated state becomes your new normal. A 2019 study found that participants in a 20-day study increased their peak cycling power (a proxy for feeling alert and energetic) for the first 15 days of ingesting caffeine. 
The biggest boost came on the first day. After that, adenosine receptors started sprouting like wildflowers. Then the effect steadily diminished, until it reached pre-study levels.

So while coffee will still provide a number of health benefits — potentially reducing the likelihood of cancer, diabetes, Parkinson’s, etc. — the energy and memory boost provided is basically gone.

Unless you periodically hit the reset button. The same study found changes in adenosine receptor levels typically reverse after a 7-day caffeine break. Taking a week off reduces your tolerance and increases the boost you will feel when you start drinking coffee again. 
Keep in mind you don’t have to go cold turkey. While some people take the first week of every month off, others use the week to strategically reduce their intake. Instead of two cups of coffee in the morning, just one. Instead of two cups in the afternoon, just one. The key is to reduce your intake for seven days to allow your adenosine receptor levels to reverse.

How great of a reduction you seek depends on how willing you are to cut your consumption. Just make sure you follow that approach for a whole week; one or two days will make relatively little impact on adenosine receptor levels, and therefore on the benefits when you resume your normal coffee routine.

Research Shows Coffee Makes You Healthier and Happier, but If You Want to Boost Your Energy Level and Memory, There’s a 7-Day Catch | Inc.com

TOPLEY’S TOP 10 August 14 2024

1-2. S&P 4 Straight Weeks of Losses….A 5th Week Would Be Rare

S&P has posted 5 straight weeks of losses just once in the past decade.

What Happens After 5 Weeks of Losses?


3. Despite 4 Weeks of S&P Losses…Stock Inflows Still Positive

Global equity fund flows. “Despite the market turmoil, inflows to equities continued for a 16th straight week, actually picking up from the prior week, while inflows to bond funds slowed.”

Deutsche Bank via @samro


4. IGV Software ETF -13% Correction from Highs

Stayed Above Blue Blue Trend Line going back 18 months.

www.stockcharts.com


5. Softbank -37% Correction in Summer Sell Off


6. Starbucks Erases Losses for the Year in One Day


7. Fear and Greed Index Did Hit “Extreme Fear”

https://www.cnn.com/markets/fear-and-greed


8. Sell Side Indicator Updated for August…Not Showing “Extreme Bullishness”

Isabelnet Blog

Sell Side Consensus Indicator


9. DJI Chinese Drone Company Accounts for 70-90% of American Drone Market

WSJ By Heather Somerville 
Yet DJI accounts for around 70% to 90% of the American commercial, local government and hobbyist drone market. Real-estate agents, movie producers, firefighters, roof inspectors, utilities and law enforcement have all come to depend on the brand. The Secret Service bought more than 20 of them in 2022 just before restrictions were put in place, according to federal purchasing records.
DJI says a ban could cost the U.S. billions of dollars and impact thousands of jobs. 
https://www.wsj.com/politics/national-security/congresss-plan-to-outlaw-chinese-drones-met-with-protest-c95cf1fe?mod=politics_lead_story


Statista Blog-Global market share of consumer and commercial drone manufacturers in March 2021, based on sales volume

https://www.statista.com/


10. 7 Factors to Choose the Best Retirement Location

PKindness Financial Planning Elliott Appel, CFP®, CLU®, RLP®

Welcome! I’m Elliott, the founder of Kindness Financial Planning, LLC, a fee-only, fiduciary advisor located in Madison, WI working virtually with widows and caregivers across the United States. When I’m not helping people live their ideal life, I’m often cooking for my wife, playing tennis, or hiking.
Once you are retired, you don’t necessarily need to live in the same place. You can consider different factors to choose the best retirement location for you — not needing to worry about your commute to work. 
Where will you go? 
Although there are many different factors to choose the best place to retire, below are 7 factors to help you choose the best retirement location for you. 
You can decide how much weight to put into each one to create a list of possible locations. 

Politics & Demographics – Use a Tool
If you are unsure of where to go, the first step may be to rent a camper and do a cross country road trip for a few months! 
I’m kidding…unless you want to do that, in which case, send me photos along the way. 
The NY Times has an online tool called Where Should You Live? that can help you decide where you should live based on what’s important to you. 
For example, if mountains are really important to me and trees, air quality, restaurants, live music, health care, and less snow are important, I get the results below. I’ve purposely left off any political or demographic information for you to see how it affects things in the example.

You can adjust everything from schools, population, climate, politics, demographics, and more! 
Once you narrow down the list, you could research, select a few favorites, and go visit during different times of the year. 

Community
One of the primary factors you should use to choose your destination is the community you either have or can build. 
Community is a wide-reaching word, which could include family, friends, or other social groups. 
Community offers support, social interactions, and help. Without it, you can feel lonely and isolated. If you are moving to a location where you don’t know anybody, know that it can take years to build community. 
It’s estimated that it takes about 50 hours to go from acquaintance to casual friend, 100 hours to become a “regular” friend, and 200 hours to become a close friend. If you spend two hours a day with someone twice a week, it would take nearly a year to become a close friend. If you spend less time, it would take even longer.
That’s important to keep in mind because it may take a few years to form close friendships if you are moving to a new area. 
I’ve often talked with retirees who moved locations and decided to move back because the new area was too far from friends and family. Others get settled quickly and love it. It’s a mixed bag. 
Uprooting your life to move somewhere you’ve never been can be a costly and time consuming process. Before you do, consider doing a trial run, which I’ll talk about later. 

Healthcare
I hope you stay healthy until the day you die. 
Unfortunately, that’s unlikely. 
As you age, most people need more access to healthcare, even if they want to age in place. Not only do they go more frequently, but they also need to see other specialists. If you live in a rural location where the nearest specialists are a few hours away, that either means you are going to spend more time on the road or you may decide not to see them and accept the health consequences. 
When my dad was diagnosed with Stage IV Lung Cancer, I was thankful he was only an hour away (in good traffic) from Seattle Cancer Care Alliance (now Fred Hutch Cancer Center). 
Since he was only an hour away, that meant he could get a ride to his treatment every three weeks. When he broke his hip, he was close by and had access to excellent surgeons. When he didn’t manage his diabetes well, he could see a doctor who specialized in diabetes medication management. 
As I’ve been told, you tend to “collect” doctors as you get older: primary care provider, surgeons, dentists, cardiologist, ophthalmologist, urologist, audiologist, rheumatologist, and more. 
Those are hard to find in small or rural towns. Better medical care tends to be found in or near larger cities. 

Climate
The climate cannot be stressed enough – in all four seasons, but especially summer and winter. 
I’ve seen people go somewhere in the summer, love an area, but when they visit in winter, decide that a few months of snow and below freezing temperatures are not for them. This is common in the Midwest and Northeast. 
The opposite can be true. You may go somewhere in winter, but despise it in the summer. For example, Arizona is lovely in the winter, but the summers are brutal. 
You want to love, or at least tolerate, the place you are moving to year-round. If you can’t, then you may want to consider living in two locations. This is a common setup where people escape either the winter or summer in the primary location and go to a more desirable area for a few months. 
Some people buy a second home while others rent to give them flexibility and less upfront costs. 
The most important advice I can give is to go visit in different seasons to see how you like it. Could you tolerate the temperature? Can you deal with any allergies? How do you feel about the different natural disasters in that area? Are you okay shoveling snow or not going outside much if it’s above 100 degrees? 

Income Inequality
Income inequality isn’t something I thought about until I was living in the Midwest and went to Los Angeles for a weekend. 
As we drove around, I felt uncomfortable, but I couldn’t put my finger on it. As we were leaving, I think it had to do with the income inequality.
I grew up in the suburbs in Washington state. There was income inequality, but it wasn’t stark. A few people had nicer cars and homes, but it was the difference between a Honda and a BMW — not a Honda and a Lamborghini.
I spent all of my adult life in Seattle up until a few years ago. Seattle has a lot of income inequality, but it’s also hidden. There are Lamborghini’s, but you also have millionaires driving around in Subarus.
When we moved to the Midwest, I didn’t think about it much, but I’d guess there is less income inequality here. I rarely see BMWs. I’ve seen one or two Lamborghini’s. I see more expensive pickup trucks than anything.
As a financial planner, I see the salaries of clients I work with and the salary ranges jobs offer. It’s overwhelmingly a much narrower band in the Midwest, such as $40,000 to $200,000.
For people I work with in Seattle, the band tends to be $150,000 to $1,000,000+. These are only the folks I’ve worked with, which by nature of what I do is going to be skewed to a higher level of income. The range is much higher in Seattle when you factor in people making minimum wage. 
As I drove around LA, the income inequality was uncomfortable. I’d be stopped at a traffic light and see millions of dollars worth of cars next to someone sleeping under a tarp.
While living in Seattle, I saw plenty of people who are unhoused and lots of income inequality, but it wasn’t as drastic as LA. Plus, having lived in the Midwest for a few years now, it’s not something I see regularly anymore.
It reminded me of the studies that say that much of our happiness is strongly related to our perception of our wealth relative to others.
Basically, the less you have relative to others, the less happy you may be.
If you make $500,000 (an objectively high income), that may not feel good if you are constantly surrounded by people making $1,000,000. Those two incomes buy drastically different lifestyles.
If you make $80,000 and most people around you make $70,000 to $100,000, you may feel better. That range won’t buy drastically different lifestyles.
Let’s bring this back to deciding where to live.
Obviously, family and friend relationships, access to healthcare, weather, activities, and other factors are important to consider, but it’s worth considering income inequality.
If you are frequently comparing yourself to others who have more, you may find yourself less happy. If you are someone who is interested in volunteering in order to close the gap in income inequality, perhaps you want to live in a location with high income inequality.
Personally, when I was living in Seattle, I’d get an itch to buy a nicer car every once in a while. I didn’t, but it was there.
I haven’t felt that itch once in the Midwest.

Airport Access
If you hardly travel and most of your family is within driving distance, airport access may be less important, but for people who travel a few times a year, airport access can make a huge difference. 
If you have an airport with many direct flights across the country, you can usually spend half a day traveling to see family and friends. If you have a smaller airport or a regional airport, you usually need to spend at least a full day traveling.
I noticed this when I moved from Seattle to the Midwest. I used to be able to catch an early flight and enjoy the afternoon or evening in the city to which I was flying. Now, it’s usually at least two flights and a full day of travel. 
In retirement, that may matter less, but it can take a toll when you are spending 10 or more hours in airports or planes when you are used to 4 to 6 hours. 
Retirees have told me that moving away from a large airport has been tough. They may have been within an hour’s drive, but after moving, they are three or four hours away.
It’s harder when your family has a medical emergency or you are traveling regularly to see grandkids. That extra time can be stressful. 
It’s not a dealbreaker for them, but it is an adjustment. 

Taxes
Although people often think about taxes first, taxes are last because in almost every circumstance, everything else is more important. 
Taxes are important, and I don’t want anybody to pay more than they are legally obligated, but I often see people contemplating uprooting their life to move somewhere for lower taxes. 
If you have the ability to pay taxes and live somewhere you love, why change it? 
Let’s say you can move somewhere and pay $5,000 per year less in taxes. Is it worth being away from family? Is it worth being in a harsher climate? Is it worth changing your life completely? 
For most people, the answer is no. 
Plus, most people only look at one or two types of taxes when they consider moving. 
You shouldn’t only consider income taxes. You should be considering:

  • Federal income taxes
  • State and local taxes
  • Property taxes
  • Capital gains taxes
  • Sales taxes
  • Inheritance taxes
  • Gift taxes
  • Estate taxes

Even within income, types of income can be taxed differently from state-to-state. For example, distributions from 401(k)s and IRAs are typically not taxable in Pennsylvania. 
People often quote Texas as having no income tax, but property taxes could be 1.7%, which may be more than double your current location. 
Although not directly a tax, you may want to consider the cost of living. There are different calculators online that do a decent job of comparing taxes, housing, and food. 

While taxes can become important, particularly in the case of state estate taxes and inheritance goals, most people focus too much on taxes and not the quality of life that they have in a location with higher taxes. 
Try It Out
One of the biggest mistakes I see people make is not try out a new location before selling their home and moving. 
Some people move and love it, but there are people who make the move, regret it, and end up going back. 
That can be a very costly and disruptive decision. 
Given the growth of platforms where you can rent homes for extended periods, it can be a good investment to rent a home for a month during two different seasons in the place you want to live. You want to do it for long enough to get a feel for what it’s like to live there. 
How is the traffic? How is the weather? Are the people friendly? Is it easy to get around and travel? Is there good healthcare nearby? Could you see yourself building community? 
Renting a house for a couple of months might be $10,000 or less. When you consider the cost of moving, selling a home, potential capital gains on a sale, and the time it takes to do everything, that $10,000 could be a small investment in helping you decide whether living in a new location in retirement is worth it. 
Final Thoughts – My Question for You
Choosing the best retirement location for you is not easy. 
It may be where you are located, but it may be somewhere else. 
Although taxes often feel important, don’t discount your community or the community you can build, healthcare, climate, income inequality, and airport access.
Lastly, don’t forget to try it out before you make a big move! 
I’ll leave you with one question to act on. 
What factors are you going to consider in your move? 
Disclaimer: This article is for general information and educational purposes only and should not be considered investment, financial, legal, or tax advice. It is not a recommendation for purchase or sale of any security or investment advisory services. Please consult your own legal, financial, and other professionals to determine what may be appropriate for you. Opinions expressed are as of the date of publication, and such opinions are subject to change. Click for full disclaimer.

https://kindnessfp.com/7-factors-to-choose-the-best-retirement-location/   Found at Abnormal Returns www.abnormalreturns.com

TOPLEY’S TOP 10 August 13 2024

1. VIX Stock Volatility Index Had Largest Peak to Close Move Ever Monday Last Week

@Charlie Bilello
After hitting a high of 65.73 on Monday morning, the $VIX would end the day at 38.57. That 41% decline was the largest peak to close move ever.


2. Russell 2000 Small Caps -8.5% in August


3. Hedge Funds Turn Bearish on Commodities…Contra Indicator?

Found at Daily Dirt Nap Newsletter

https://www.dailydirtnap.com


4. Follow-Up to Yesterday’s REIT Chart

All-Star Charts

https://get.allstarcharts.com


5. Semiconductor Index -27% Sell Off Bounces at 200-Day


6. DJT Trump Media…$70 in March….$25 Last

DJT 50day about to go thru 200day to downside.


7. Foreign Investors Pull Record Amount of Money From China

Story by Bloomberg News

https://www.msn.com/en-us/money/markets/ar-AA1oD8vy


8. Top 11 Holders of Bitcoin in World


9. YouTube Ad Empire


10. Creatine for Brain Energy?

Psychology Today
-Potential benefits for fatigue, foggy thinking, sleep loss, and even dementia Austin Perlmutter M.D.
 
Key points

  • Creatine aids brain energy by boosting ATP regeneration, possibly improving cognitive performance.
  • Studies suggest creatine may help with fatigue, brain fog, and sleep deprivation in stressful conditions.
  • Early research shows creatine might benefit Alzheimer’s and cognitive decline, though more studies are needed.

To think, act and feel your best, your brain needs constant access to high quality energy. Is it possible that creatine can help our brains regenerate energy, and can this combat foggy thinking, fatigue, poor cognitive performance, dementia, and sleep deficits? In this post, we’re breaking down the powerful new science showing how creatine can influence brain energetics. We’ll talk about mechanisms and the latest clinical research. Note: this is purely for educational purposes, and you should talk to your healthcare provider before taking any supplement.

Let’s Start With a Quick Background on Brain Energetics
The brain, despite its relatively small size, consumes about 20% of the body’s total energy, primarily in the form of glucose, which our brain imports through the blood-brain barrier from our bloodstream. Glucose is metabolized through glycolysis and the citric acid cycle, generating ATP (adenosine triphosphate), which powers our neurons. Additionally, the brain can use ketone bodies as an alternative energy source, particularly during periods of low glucose availability, such as fasting. Dysregulation of brain metabolism is implicated in various neurological conditions, especially Alzheimer’s disease, where impaired glucose metabolism and mitochondrial dysfunction play significant roles. We’ll come back to this.

What Is Creatine and Where Does it Come From?
Before we get into the technical aspects of creatine, let’s start with the basics of what creatine is. Creatine is a compound made naturally in our bodies out of the amino acids arginine, glycine, and methionine. This synthesis primarily occurs in the liver and in the brain. Creatine also can be found in certain foods, in particular animal foods. It’s notable that for this reason, when compared to omnivores, vegans consume substantially less dietary creatine, and vegetarians may have lower levels of circulating and muscle creatine than omnivores. Over 90% of our creatine stores are located in our skeletal muscle.

Creatine Supplementation
Ok, now let’s shift to talk about taking creatine supplementation. There are over 1000 peer-reviewed papers on this topic. There are several different forms of creatine, but the majority of the data on efficacy and use comes specifically from creatine monohydrate. Creatine monohydrate is highly popular in athletes, and has been extensively studied and deemed relatively safe at doses up to 30 grams a day for up to five years in healthy people, although there are reports of GI issues, muscle cramps and problems with heat tolerance. Though these topics are still being investigated, a recent review entitled “Common questions and misconceptions about creatine supplementation: What does the scientific evidence really show?” looked at popular misconceptions about creatine, finding that in healthy individuals, there’s not much data that creatine is linked to hair loss, kidney issues, muscle cramping or fewer benefits in women, and that oral creatine monohydrate is likely to be the best form, probably around 3-5 grams a day.

Brain Energetic Mechanisms of Creatine
The core pathway identified that tethers creatine to everything from exercise benefits to brain health is a bidirectional reaction where phosphate groups can be added to creatine to allow for the regeneration of energy currency called adenosine triphosphate, or ATP. Here’s the basics of how it works. Creatine can have a phosphate added to it using an enzyme called creatine kinase. The new molecule, called phosphocreatine, can then be used to regenerate ATP from ADP in places of high energy use, specifically the muscle and brain. Creatine is removed by the body after it degrades into creatinine, a molecule that can be excreted through urine.

How does creatine get into the brain? There are several transporters, including the creatine transporter one or CT1 and a sodium chloride protein that allows for dietary creatine and creatine made in our livers to pass the blood-brain barrier, but the CT1 pathway seems to be more important in regulating uptake.

Some research suggests that CT1 receptors may be decreased in the context of high consumption of supplementary creatine, which could potentially limit the ability of supplemental creatine to reach the brain. As a way to bypass this potential resistance, there’s some data suggesting that the consumption of a creatine precursor called guanidinoacetic acid or an analog of creatine called cyclocreatine may help bypass this potential resistance.

How Creatine May Acutely Boost Brain Energy
Let’s now talk about the potential role of creatine under conditions of acute brain stressors. In the course of our days, our brains can experience a host of different stressors like fatigue, lower oxygen, and sleep deprivation. These stressors are believed to affect and be a reflection of brain energetics. Here, research suggests that creatine may have an especially important role. In one 2015 clinical study, young people who experienced oxygen deprivation had improvements in cognition when given placeboA 2002 study using 8 grams of daily creatine supplementation was found to reduce mental fatigue during math calculations. A small study on sleep-deprived rugby players from 2011 found that creatine supplementation attenuated sleep-related declines in performance, and a new study in Nature Scientific Reports published in 2024 found that creatine supplementation improved cognitive performance and altered brain energetic signals in healthy people after sleep deprivation.

Could Creatine Target States of Chronic Brain Energetic Depletion?
In addition to acute brain stressors that reflect and influence brain energetics, many chronic brain issues are linked to impaired brain energetics. Of these, the best example may be Alzheimer’s disease, a condition that affects almost 60 million people around the world and up to 1 in 3 people over age 85. Alzheimer’s disease is sometimes called “Type 3 diabetes” because it’s been clearly linked to impairments in brain energetics. Specifically, data suggests that a decrease in brain use of glucose (called “cerebral hypometabolism”) is an early indicator of Alzheimer’s disease, and may be a driver of disease progression. Importantly, a decrease in brain glucose utilization has also been found in older adults in general. So how might creatine factor into the conversation?

Generally speaking, the research looking at the potential for creatine as a way to benefit brain energetics in Alzheimer’s or age-related cognitive decline is very early and almost exclusively preclinical. However, some promising findings have many researchers invested in continuing pursuit of this emerging science. In a 2023 paper entitled “Creatine as a Therapeutic Target in Alzheimer’s Disease,” the authors state that despite the existing lack of clinical data, “Creatine may serve as a potential target for prevention and therapy and Creatine monohydrate supplementation may be beneficial in AD,” and advocate for more clinical data. The good news is that there’s at least one protocol for a pilot study on this very topic now published.

Putting it Together
Creatine is a naturally occurring compound that is found in our food and is synthesized in our bodies under normal states. Creatine’s known mechanism of action indicates that it plays a role in energy regeneration, and this may have significant implications for brain energetics. While the research is still early, there’s some initial signal that creatine may help to offset energetic depletion states in our brains both acutely and long term.

https://www.psychologytoday.com/us/blog/the-modern-brain/202408/creatine-for-brain-energy