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InvestTalk

03-09-20: How The Mortgage Refinancing Boom Helped Drive Down the 10-Year Treasury Yield

InvestTalk

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

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

4.41.5K Ratings

🗓️ 9 March 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

Refinancing can accelerate the slide in Treasury yields in a roundabout way because homeowners are effectively paying off the principal on their loan early.

 

Today's Stocks & Topics: Lessons from the Dot-Com Bubble, Short Term Lending Market, XOM - Exxon Mobil Corp., DUK - Duke Energy Corp., Cash Flow, AAPL - Apple Inc., Building a Portfolio, SPHD - Invesco S&P 500 High Dividend Low Volatility ETF, Gold ETFs, RDS.A - Royal Dutch Shell PLC ADR Cl A.

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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 March 9th

0:28.6

2020 edition of Invest Talk and same old over the past few weeks. This is pretty much the

0:37.6

crazy market we've seen since 2008 and if you haven't been around if you

0:41.6

weren't around in 2008 when the market craters back then, you're starting to understand what it feels like.

0:49.0

This isn't close. We're still a ways away from having anything like that or feeling like that.

0:57.0

But I do have kind of a thought process now of where I think this is headed and when peak panic will come.

1:07.0

So we're going to talk about that.

1:09.0

And this volatility is something that you're going to need to get used to.

1:17.0

And it's a great test of your portfolio, of your strategy, of your nerves.

1:31.1

We talk about this all the time that our job here is to help you create, define, execute a strategy that makes sense for you.

1:41.0

Your goals and your portfolio.

1:45.0

And that can mean very different things for two very different people.

1:50.0

Based on age, risk tolerance, goals, money they have now, amount of time they have to

2:00.4

dedicate to investing, how much interest they have, all of these factors go into how you

2:09.4

should execute your different strategies that are available. There's a lot. There's a lot of ways

2:19.0

that you can skin the cows. a lot of ways to be successful.

2:31.0

So that's what we're going to do today is we're going to continue to help you refine that. I hope you achieve your goal of financial freedom. I'm Justin Klein. I hope

2:35.1

you will call me in this hour and I know we're going to get a lot of calls today so

2:39.3

if you're going to call you probably want to do that sooner rather than later. And our goal here is to help

...

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