Welcome to the Stay Wealthy Podcast. I'm your host Taylor Schulte, and given that the end of the year is right around the corner, I'll be dedicating the rest of our 2020 content to year-end tax planning strategies. Today I'm talking about how you can combine a popular tax planning strategy with charitable giving.

In fact, this strategy can help wipe out this year's tax bill, reduce future tax bills, and also support some good causes along the way.

The best part is there's no minimum amount of net worth required to take action here. So if you want to make

a smart tax move while also supporting a good cause, today's episode is for you. For all the

links and resources mentioned, head over to you staywealthy.com forward slash 89.

Okay, first, before we dive in, given that we've spent the entire month of September talking about investing in stocks and learning about the different drivers of returns,

I wanted to highlight what's happened in the last month just in case you missed it.

And I'll preface this by saying that I'm not suggesting or predicting

that this trend will continue. In fact, by the time this episode airs, the trend could have

already reversed. That's how quickly these things can change. But given that small cap value

stocks have had such a rough decade, as I pointed out during our series on stocks in September, many of us are

keeping a really close eye on that trend changing. It can't last forever. At some point,

this trend is going to turn around. At least in the very short term, we've seen these things

change pretty dramatically. And so here are the index returns for the last 30 days from October 9th

to November 11th. So these are the index returns. The Russell 1000 growth in the last 30 days

was up just under 1% 0.9%. The S&P 500 was up 2.8%. Russell 1000 value index was up 4.75%. And the MSCIUS Smallcap value index was up

7.1%. So again, Russell 1,000 growth up 0.9%. MSCI U.S. Small Cap value up 7.1%. So in other words, in the last 30 days, small cap value stocks here in the United States have outperformed growth stocks by 6%. A Market Watch article, which I'll link to in the show notes, pointed out

that you would have to go back to September of 2008, 12 years ago, to reach the current

level of underperformance of growth versus value. So the big question is, you know, what do we do

with this information? And my answer is really not

much other than to reinforce how quickly these things can change and how important it is to have

a sound, robust, diversified portfolio that's rooted in academic research. So with that out of the

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