Articles and References
CEO World Magazine
Roger and Katherine appear in
In essence, to be successful in the stock market, you need to consider both the company's financial health and the current market sentiment.
https://ceoworld.biz/2024/06/04/what-generates-stock-returns/
U.S. News & World Report
Do Dave Ramsey's Stock Market Claims Make Sense?
Dave Ramsey, a popular personal finance guru, offers advice that resonates with many. However, some of his investment recommendations raise concerns.
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Beating the Market: Ramsey suggests buying mutual funds that consistently outperform the S&P 500. Experts like Dr. Roger Silk acknowledge past examples, but emphasize the difficulty of sustained outperformance. Ramsey doesn't provide specific funds, making it hard to verify his claims.
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Withdrawal Rate: Ramsey recommends an 8% annual withdrawal rate from retirement savings, double the industry standard. Backtests by Morningstar show this approach could deplete savings within 20-30 years in many cases. Financial advisors suggest a more conservative 4% withdrawal rate for better risk management.
While Ramsey's core principles like debt elimination and long-term investing are sound, his specific recommendations on stock picking and withdrawal rates warrant further research and potentially a consultation with a qualified financial advisor.
Are I Bonds Right for Retirement?
This article explores I bonds as a potential investment for retirees. I bonds offer inflation protection and are very safe, but have limitations like a low fixed rate and early redemption penalty. Consider these factors and your investment goals to decide if I bonds are a good fit for you.
WTOP News
Are I Bonds a Good Investment for Retirees?
“For example, suppose you invested $100 in an I bond that yielded 5% for 30 years,” said Roger Silk, CEO of Sterling Foundation Management in Reston, Virginia, in an email. “After you paid the tax at the end of year 30, assuming a 22% tax rate, you would keep about $359. In comparison, if you paid tax each year, you’d have about $315 at the end of year 30.”
https://wtop.com/news/2024/05/are-i-bonds-a-good-investment-for-retirees-2/
Podcast Appearences
Dinis Guarda Youtube Podcast Series
Dinis Guarda and interviews Dr. Roger D. Silk, a leading expert with over 30 years of experience in finance, philanthropy, and wealth management.
This episode Dinis explores Dr. Silk's background, including his work as a former bond trader at the World Bank and his current roles as CEO of Sterling Foundation Management and President of Lifetime Perspectives, Inc.
Here are key areas covered in the interview:
- Misinformation and Investment Decisions: Dr. Silk discusses challenges in navigating investment noise and confusion.
- Building Investment Value: He explores core principles of sound investment analysis and steady value building.
- The Investor's Dilemma: The interview dives into creating a basic investment portfolio and overcoming common dilemmas faced by investors.
- The Investor's Dilemma Decoded: The video highlights Dr. Silk's book that equips readers with tools to make informed investment decisions.
The Millionaire Next Door Podcast
Did you know that more than two-thirds of adult Americans have yet to implement any form of estate planning?
Even high-profile figures like Prince and Pablo Picasso faced chaotic and costly consequences because they lacked a proper plan.
Join Rob Curtiss alongside Roger Silk, CEO of Sterling Foundation Management LLC, for a deep dive into the essentials of estate planning.
Get ready to learn how to set up a secure and impactful legacy, understand the implications of the upcoming 2025 sunset of the Tax Cuts and Jobs Act of 2017, and explore strategies to mitigate taxes and avoid probate, all while ensuring your wishes are honored.
Rob and Roger discuss:
- The value of having a well-structured estate plan to avoid unnecessary legal battles and high taxes
- Real-life stories of high-profile individuals who faced estate planning disasters
- Insights into the 2025 sunset of the Tax Cuts and Jobs Act of 2017 and its potential impact on estate and gift taxes
- Strategies for managing and diversifying highly appreciated assets to minimize tax liabilities
- And more!
Money Tree Investing Podcast
TIPS, Treasuries and Inflation
Ben Graham and Roger Silk discuss TIPs, treasuries, and inflation, and more! Roger explains the nuances of the repo market, potential risks, and its role in the broader financial system. Roger touches on the impact of interest rates on asset values and the banking sector from his time at World Bank. The discussion also includes complex financial products like treasury inflation-protected securities!
- Roger discusses his background, including his PhD in applied economics and founding of Sterling Foundation Management.
- Roger describes his work at the World Bank, focusing on treasury operations and the repo market.
- The potential problems in the repo market, including issues during financial crises.
- How interest rates impact asset valuations and bank profits, particularly during periods of zero interest rates.
- The role of human capital in risk assessment and the importance of individual goals in portfolio management.
- The risks associated with inflation, especially in relation to complex financial instruments like TIPS.
- The challenges and complexities of understanding and investing in TIPS as an inflation hedge.
- Alternative assets like gold and farmland, distinguishing between gold as money and farmland as an investment.
- Roger's book The Investor's Dilemma Decoded.
https://moneytreepodcast.com/treasuries-and-inflation-roger-silk-636/