ANDY’S TWO CENTS

Notes and thoughts from our director.

Tahe Governor Tahe Governor

Andy’s Weekly Market Update| Market Risk, Nasdaq Breakout & Growth Stock Stages | October 8, 2026

It All Begins Here

How do successful investors navigate difficult markets without trying to avoid risk altogether?

In this week’s market update, Andy discusses why investors often have short memories when it comes to bear markets—and why successful investing is about managing risk, not eliminating it. He explains how position sizing and stop-loss rules can help control portfolio risk.

Using Seagate Technology (STX), Andy also reviews the four stages of a growth stock and examines the Nasdaq’s movement from a difficult July to its recent breakout into new highs.

Topics include:
• Lessons from difficult and bear markets
• Managing risk through position sizing
• Using stop-loss rules to control losses
• The four stages of a growth stock
• Seagate Technology (STX) as a chart example
• The Nasdaq’s recent breakout into new highs

Presented by BF/Anderson & Co.
Recorded October 7, 2026.

This video is for informational and educational purposes only and is not personalized investment advice. Investing involves risk, including the potential loss of principal. Past performance does not guarantee future results.

Read More
Tahe Governor Tahe Governor

Andy’s Weekly Market Update| Stock Market Inflection Points & Trends | October 1, 2026

It All Begins Here

How do you recognize when a market trend is changing?

In this week’s market update, Andy reviews the four stages of a stock’s life cycle and explores why inflection points matter. Using stock, Treasury bond, and S&P 500 charts, he illustrates how price trends and moving averages can help investors assess changing conditions.

Topics include:
• The four stages of a stock’s life cycle
• Recognizing inflection points
• Long-term Treasury bond trends
• Individual stock chart examples
• The S&P 500 and its equal-weight counterpart

Presented by BF/Anderson & Co.
Recorded September 30, 2026.

This video is for informational and educational purposes only and is not personalized investment advice. Investing involves risk, including the potential loss of principal. Past performance does not guarantee future results.

Read More
Tahe Governor Tahe Governor

Andy’s Weekly Market Update|Finding the Next Great Growth Stock | September 24, 2026

It All Begins Here

What does it take to find the next great growth stock?

In this week’s market update, Andy walks through past growth cycles and the patience it took to identify companies such as Apple and Tesla. He explains how test buys help him evaluate potential new leaders, why cash plays a role in managing risk, and what breakouts and double tops can tell us about a stock’s momentum. He also looks at the Nasdaq and S&P 500 after months of sideways trading and discusses what the lack of new highs may signal.

In this video:

• The power of compounding across growth cycles

• Why test buys can involve losses along the way

• Breakouts, double tops, and the stages of a stock’s move

• What Andy is watching in the current market

Subscribe for Andy’s weekly perspective on the markets, investing, and the economic forces shaping your portfolio.

#StockMarket #MarketUpdate #InvestmentStrategy

⚠️ Disclaimer: This video is for educational and informational purposes only and should not be considered personalized investment, legal, or tax advice. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional before making investment decisions.

Read More
Tahe Governor Tahe Governor

Andy’s Weekly Market Update|How Growth Stocks Move Through the Market Cycle|September 17th, 2026

It All Begins Here

Can a few exceptional stock market winners make up for the investments that don’t work out?

In this week’s market update, Andy uses a hypothetical model to show how our growth strategy has participated in major winners such as Tesla and Cisco over the past 30 years. He also examines stocks that resulted in losses—and how, overall, the gains from the strongest winners outpaced those losses.

Andy also explores the Ageless Fund’s research on “The 4 Stages of Growth Stocks,” explaining how identifying a stock’s current stage can help investors better understand its potential opportunities and risks.

This week’s discussion covers:
• How a growth strategy manages both winning and losing stocks
• Why a few significant winners can outweigh several smaller losses
• The four stages of a growth stock’s market cycle
• Where Apple, Tesla, Bloom Energy, Corning, and Palantir may currently fall
• Why understanding a stock’s stage can be just as important as knowing the company

Are today’s leading growth stocks still advancing—or beginning to show signs of a changing cycle?

Hypothetical results are for educational purposes only, do not represent actual trading, and do not guarantee future performance.

Subscribe for Andy’s weekly perspective on the markets, investing, and the economic forces shaping your portfolio.

#StockMarket #MarketUpdate #InvestmentStrategy

⚠️ Disclaimer: This video is for educational and informational purposes only and should not be considered personalized investment, legal, or tax advice. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional before making investment decisions.

Read More
Tahe Governor Tahe Governor

Andy’s Weekly Market Update|Inflation, Debt & Failed Breakouts: A Market Warning?| September 10th 2026

It All Begins Here

Is chasing the next shiny investment opportunity putting your long-term portfolio at risk?

In this week’s market update, Andy discusses how jumping from one investment strategy to another can turn short-term frustration into lasting financial damage—and why sticking with a sound, disciplined approach matters.

Andy also shares his perspective on global money creation, mounting debt, and inflation, exploring how those pressures can affect interest rates and market stability.

This week’s discussion covers:
• The risks of abandoning a solid investment strategy
• The relationship between money creation, debt, and inflation
• Comments from Schwab’s Liz Ann Sonders about bonds as an inflation hedge
• Why traditional 60/40 stock-and-bond portfolios face challenges
• What limited participation in new highs and failed breakouts—including NVIDIA (NVDA)—may signal about the market

With uncertainty building, are investors following a plan—or simply chasing what looks attractive next?

Subscribe for Andy’s weekly perspective on the markets, investing, and the economic forces shaping your portfolio.

#StockMarket #MarketUpdate #InvestmentStrategy

⚠️ Disclaimer: This video is for educational and informational purposes only and should not be considered personalized investment, legal, or tax advice. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional before making investment decisions.

Read More
Tahe Governor Tahe Governor

Andy’s Weekly Market Update|When Doing Nothing Is a Position| September 3rd 2026

It All Begins Here

Since May, the stock market has resembled a game of whack-a-mole, with one concern quickly replacing another. Short-lived rallies, rising interest rates, uncertainty about artificial intelligence spending, and earnings-season volatility have made this a difficult environment for investors to navigate.

In the September 3 weekly market update, Andy examines the forces driving recent market activity and considers what investors can learn from Jesse Livermore and Warren Buffett about patience and discipline. During periods when attractive opportunities are scarce, “doing nothing” does not necessarily mean being unprepared. Holding Treasury bills or cash can itself be a deliberate position—one that provides stability, flexibility, and the ability to act when conditions improve.

Follow along each week for practical market commentary focused on risk management, technical analysis, and long-term investing.

⚠️ Disclaimer: This video is for educational and informational purposes only and should not be considered personalized investment, legal, or tax advice. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional before making investment decisions.

Read More
Tahe Governor Tahe Governor

Andy’s Weekly Market Update|Survival of the Most Adaptable| August 27, 2026

It All Begins Here

Adaptability matters in both nature and the stock market.

This week, Andy examines changing market leadership, sector rotations, and relative-strength trends. He explains why individual-stock investors often have to “kiss a lot of frogs” to uncover the handful of companies capable of becoming true market leaders—and why disciplined stop losses are essential when bubbles burst or markets experience significant drawdowns.

Andy also recommends two investing classics: The Psychology of Money by Morgan Housel and How to Make Money in Stocks by William J. O’Neil.

Follow along each week for practical market commentary focused on risk management, technical analysis, and long-term investing.

⚠️ Disclaimer: This video is for educational and informational purposes only and should not be considered personalized investment, legal, or tax advice. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional before making investment decisions.

Read More
Tahe Governor Tahe Governor

Andy’s Weekly Market Update|From the War of 1812 to Today’s Federal Debt| August 20, 2026

It All Begins Here

What connects the War of 1812, Davy Crockett’s America, government bonds, and today’s volatile stock market?

In this week’s market update with Andy, we trace the development of America’s federal debt from the country’s early conflicts and westward expansion to today’s financial landscape.

We explore:

• Federal debt surrounding the War of 1812
• The era of Davy Crockett, Native Americans, and American settlers
• How government borrowing and bonds evolved
• Interest-rate and government-bond trends dating back to the 1940s
• Why increasing interest rates can create stock market volatility
• What debt and borrowing costs may mean for today’s investors

History cannot predict exactly what markets will do next, but it can help us understand the financial forces shaping them.

Follow along each week for practical market commentary focused on risk management, technical analysis, and long-term investing.

⚠️ Disclaimer: This video is for educational and informational purposes only and should not be considered personalized investment, legal, or tax advice. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. Always consult with a qualified financial professional before making investment decisions.

Read More
Tahe Governor Tahe Governor

Andy’s Weekly Market Update|Leverage is a terrible idea| August 13, 2026

It All Begins Here

This week, Andy discusses diversification, leverage, and why you should focus your investing on what you know rather than following the herd.

Follow along each week for practical market commentary focused on risk management, technical analysis, and long-term investing.

Read More
Tahe Governor Tahe Governor

Andy’s Weekly Market Update|Has passive investing made investing too easy?| August 6, 2026

It All Begins Here

This week, Andy discusses diversification, leverage, and why you should focus your investing on what you know rather than following the herd.

Follow along each week for practical market commentary focused on risk management, technical analysis, and long-term investing.

Read More