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InvestTalk

01-22-20: In 2020, Should Investors Stay On The Sidelines And Hold Cash?

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

Entrepreneurship, News, Investing, News Commentary, Business, Business News

4.41.5K Ratings

🗓️ 23 January 2020

⏱️ 46 minutes

🧾️ Download transcript

Summary

A billionaire investor thinks a recession is unlikely this year and that investors should look beyond the coming presidential election.

 

Today's Stocks & Topics: Social Security, Class Action Lawsuits, Super Bowl Tickets, WEN - Wendy's Co., Housing Market, OXY - Occidental Petroleum Corp., Savings Account, SCHO - Schwab Short-Term U.S. Treasury ETF, XOM - Exxon Mobil Corp., 5G, FIVG - Defiance Next Gen Connectivity ETF, ADES - Advanced Emissions Solutions Inc., Credit Card Balances, SECURE Act.

 

TRIVIA QUESTION: "In which year was the FIRST United States BANK created-- and WHAT would the value of $10 million--- from the time when George Washington was President-- be worth today... after adjusting for inflation?"

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Transcript

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0:00.0

This podcast is produced by KPP Financial, Steve Peasley President,

0:10.4

KPP Financial, Independent Thinking, shared success.

0:15.0

And now today's podcast.

0:17.0

Good afternoon everybody and welcome to invest talk it is Wednesday January 22nd

0:26.2

2020 and that means it's 14 days into the trading year we've already seen some

0:32.2

volatility a lot of it up, the last couple

0:34.4

of days not so good. They had a big swing up today, but then it gave it all back at the end of the

0:38.2

day. So the market is starting to show some signs of hesitation, which is not a bad thing everybody.

0:45.7

You don't want it to go completely on direction.

0:48.6

That is a big mistake.

0:50.9

Like to see some choppiness. It helps, helps maintain the rally is what it helps.

0:56.2

Anyways, Justin I have committed to helping you. We do this show for that very reason.

1:01.8

We spend a good deal of time on how to talk discussing

1:06.6

investment strategies or aligning your risk tolerance with your objectives and you know understanding you know as you get older

1:16.0

you got to get more conservative unless you have tons of money and you can still be

1:20.8

aggressive or you just plan on working and you don't need to be

1:24.6

conserved. It depends. It's the everybody's different and all this stuff, all this

1:29.2

discussion is to help you become independently wealthy.

1:34.0

It's just simple as that, to meet your goals.

1:37.0

And to do that, me, my money at KPP Financial,

1:42.0

my personal money, it rides right along with yours. We call it parallel

1:46.0

investing, so we all do poorly or well together. I buy the exact same thing for my clients as I do for myself and all the

...

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