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InvestTalk

02-03-20: Only One Generation Is Less Prepared For Retirement Than They Were Two Years Ago

InvestTalk

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

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

4.41.5K Ratings

🗓️ 4 February 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

What can a financially strapped "Gen Xer" do to get on track?

 

Today's Stocks & Topics: Coronavirus & The Stock Market, SHAK - Shake Shack Inc. Cl A, UBER - Uber Technologies Inc., Put/Call Ratio, JKS - JinkoSolar Holding Co. Ltd. ADR, DT - Dynatrace Inc., BGS - B&G Foods Inc., Cash Investing, 5G.

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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 fellow investors and welcome to Invest Talk. This is our Monday, February 3rd,

0:29.6

20 edition of Invest Talk and it we're gonna probably talk most of the show

0:36.8

About the coronavirus outbreak and what it might mean for investors because you know this is the first of its

0:46.2

kind in a while and we're going to talk about why that is and what the expected

0:51.0

ramifications will be and you know it's affecting world markets

0:55.8

to some degree and pretty interesting today what would happen so let's

1:01.7

calibrate some things and we're now into the second trading month of the year, right?

1:07.0

This is the first trading day and as you would expect with a pandemic in the most populous country in the world, you have some volatility.

1:18.0

Okay, and these are the type of events that should wake you up, should wake you up to having a strategy that is tuned in, tuned into current market conditions as well as your

1:39.4

risk tolerance levels because this is nothing to do, know it's not driven by economics it can

1:45.7

affect economics and will affect the economies of the world but these are things

1:51.9

that come out of nowhere and it's not the only type of news event that can just come out of nowhere either.

2:01.0

So we are here to help you refine your strategy, refine your decision-making process, and hopefully smooth out the ride and the path towards becoming financially independent.

2:15.0

I'm Justin Klein.

2:16.0

I hope you will call me in this hour.

2:18.0

And throughout this Invest Talk radio program and podcast and my company, KP Financial, I can help you become a better investor.

2:27.0

Now one way SteeP's and I are able to do this is through our implementation of the philosophy of independent thinking and shared success.

2:35.0

This isn't CMBC. This isn't Fox News. This isn't MS NBC. This isn't

2:42.0

MS NBC. Fox News, this isn't MSMVC, this is balanced, unbiased, right? And that's our goal here

...

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