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InvestTalk

05-13-2020: Opinion: Why Safe Dividend Stocks Could Help You Earn Solid Passive Income

InvestTalk

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

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

4.41.5K Ratings

🗓️ 13 May 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

Some investors may be convinced that generating a passive income from stocks is too risky-- however, stocks with defensive characteristics may be worthy of consideration.




Today's Stocks & Topics: BAC - Bank of America Corp., DKNG - DraftKings Inc. Cl A, CCL - Carnival Corp., M - Macy's Inc., NUGT - Direxion Daily Gold Miners Index Bull 2X Shares, COTY - Coty Inc. Cl A, Earnings Report, MPW - Medical Properties Trust Inc., GS - Goldman Sachs Group Inc., China Stocks, Depression, If The Market Tumbles.




TRIVIA QUESTION: "How many OIL tankers are there in the world? And what is the approximate cost to build a NEW super tanker in 2020?"



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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, May 13, 2020.

0:27.0

And we saw some more volatility today, pretty big volatility in the last couple of days. Are you getting used to

0:34.5

five hundred the point swings in the Dow? Seems like every other day we got huge

0:41.5

swings in that doubt and it's just volatility. It's a lot but it's that's

0:47.5

what it is. Okay and what triggered it today? Well it was Fed Chairman Powell most likely because he was

0:57.1

talking about you know that it was going to be a tougher crawl to get back to

1:02.2

where we were economically than people think.

1:05.8

Or maybe it was the mayor of LA saying that the county of Orange, County Los Angeles which has like you know 10 million people

1:17.6

are going to be spending the entire summer in isolation.

1:27.0

He's not going to they're not going to open until July, through July, through July, through July, the words he used. I mean here, it's not even mid-May. So he's thinking all of June and most of July

1:37.7

all of the rest of May. See that that's I don't know people will put up with that. I really don't. I realize that there's the danger out there, but you know people have to live. They have to work.

1:56.0

So, you know, the problem of reopening of course is the uncertainty is involved in that. And, you know, I understand that. Boy, we got lots to talk about today anyways.

2:01.0

For investors, what happens when the stock market can in

2:06.2

large part determine your ability to achieve financial freedom? What happens in it? Because you

2:11.8

know you got your 401k's your other investments in there

2:14.4

so you'll have a pretty broad range of financial investment questions I'm sure and I

2:20.1

will do my best to answer them unbiasedly.

2:24.3

So you want strategies, you want some answers,

2:27.2

how to deal with this volatility?

...

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