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InvestTalk

04-24-18: How To Protect Your 401(k) from Rising Interest Rates

InvestTalk

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

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

4.41.5K Ratings

🗓️ 23 August 2022

⏱️ 46 minutes

🧾️ Download transcript

Summary

Rising interest rates can hurt bond prices, but long-term investors will ride out the blips.
Today's Stocks & Topics: Life Insurance as an Investment, Housing Numbers, Oil Supply, Ten Year Yield, GIS - General Mills Inc., Cash Certificate, CHCLX - AB Discovery Growth Fund, BAP - Credicorp Ltd., BK - Bank of New York Mellon Corp., MPW - Medical Properties Trust Inc., BXMT - Blackstone Mortgage Trust Inc. Cl A.

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Transcript

Click on a timestamp to play from that location

0:00.0

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

0:12.5

Independent Thinking, Shared Success, and out to today's podcast.

0:17.1

Good afternoon everybody and welcome to the April 24th edition of our long-term goal.

0:26.8

Well of course it's financial independence, everybody's long-term goal I think is that.

0:30.5

Well everybody who doesn't inherit a lot of money, at least us working people do.

0:35.7

And as we keep telling you, it can be done, it really can.

0:39.6

You can achieve financial independence, it is not that hard.

0:44.8

It just takes discipline, it takes time, and you need a plan, you've got to have a plan,

0:51.5

it just doesn't happen, you know, oh I hope I get rich, that doesn't work people.

0:57.2

That doesn't work.

0:59.4

Anyways, so let's look on that together, it is very achievable for almost everybody.

1:05.6

And since we've chosen to hit our fortune to the stock market, today's kind of volatility can get your attention, can it?

1:12.0

Sure can.

1:13.2

But again, this is the kind of volatility is more normal, maybe not for 500 points,

1:18.4

but as the Dow industry, Dow index gets higher and higher, or for 500 points a day is not going to be that unusual.

1:26.4

It is a bit unusual now, but we should expect two, three hundred point days from the Dow.

1:33.8

So it also can be an opportunity these big swings.

1:38.1

It's got kind of pay attention, big down day to day, but had nothing to do with economics, or did it?

1:45.5

Did it have anything with politics?

1:47.9

Maybe, maybe not, but I'm going to tell you what I think happened today, why just all of a sudden today, it had a big down day.

1:56.4

But first, let's get to work answering questions from our anytime line, 88899 chart.

2:01.2

That's the number.

...

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