06-16-2020: What To Do If Your Employer Cuts Its 401(k) Match
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 16 June 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
Today's Stocks & Topics: The Dollar, The Economy After the Election, Small and Mid-Caps, NIO - NIO Inc. ADR, RTX - Raytheon Technologies Corp., INGR - Ingredion Inc., Airlines Are "Burning Through Cash", SOLO - Electrameccanica Vehicles Corp., Airlines Stocks, Oil Tankers, DHT - DHT Holdings Inc., State Escheatment, SE - Sea Ltd. ADR, Goldman Sachs.
TRIVIA QUESTION: "In which year was the NYSE founded and how many original brokers signed the agreement?"
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Transcript
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.3 | 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 Tuesday June 16th, 2020. |
| 0:27.0 | Well we all been watching the market pretty carefully I'm sure and it's pretty surprising how well it's recovered from that huge down day a week or so ago and it was up again today. |
| 0:38.0 | I had some good economic news so we'll probably get into that I think. |
| 0:42.0 | You know, it's really... So we'll probably get into that I think you know |
| 0:44.4 | It's really interesting. You know what's going on because it's |
| 0:48.1 | Unpressant we have never dealt with us before so it's surprising to everybody |
| 0:52.3 | No one no one knows where the market's going to go for sure. |
| 0:56.0 | I can tell you that it goes up over long periods of time. |
| 1:01.0 | It has for 120 years or so, but there can be many years like in |
| 1:07.2 | a great depression, many years where it doesn't. But generally it goes up. Okay, so this program is here to answer any questions about the market |
| 1:16.7 | about your money anything is anything financial we'll talk about. Maybe you have |
| 1:22.0 | something a question about your |
| 1:23.3 | 401k. I got one of our main talking boys is about the four points. It's about the 401k today. |
| 1:28.0 | So whatever financial questions you might have, I'm here to listen. I'm Steve Peasley and you're listening to |
| 1:34.9 | Invest Talk and at my company KPP Financial Base Irvine in California we |
| 1:40.0 | operate with a philosophy of independent thinking and shared success. |
| 1:43.7 | Justin Klein and I are a little bit different than other investment advisors. |
| 1:48.2 | Why? |
| 1:49.2 | Well, first of all, we only listen to ourselves. |
... |
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