06-19-18: The Bottomless Social Security and Medicare Financial Hole

InvestTalk

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

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

4.4 • 1.5K Ratings

🗓️ 20 June 2018

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Actuaries warn that Medicare’s low payment rates could lead to facility closures and harm access to care for the elderly.
Today's Stocks & Topics: ORCL – Oracle, FOX - 21st Century Fox, YY – YY inc., DLRT – Dollar Tree, PFE – Pfizer, AMAT – Applied Materials, ABX – Barrick Gold; Real Estate Insurance, Billionaire Investors Worry About Complacent Investors.

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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, to invest talk it is what is today the 19th
0:26.9	it is the 19th June 19th I'm Steve Peasley and I will make an educated guest
0:32.4	and say that if you are the average
0:35.2	investor you're likely leaving some money on the table. And by this I mean you may be suffering
0:41.9	unnecessary losses or you fail to get invested when you needed to be invested or you just made some bad choices, emotional choices maybe, maybe act,
0:52.8	emotionally to the market,
0:54.9	those kinds of things.
0:56.9	Now in this talk exists to inform, educate our listeners
1:01.1	so they can grow and protect your money. You can grow and protect. If that's your
1:07.3	objective, you've come to the right place. Now if you're a regular Invest Talk listener, it's a pretty safe bet to assume you are interested in money.
1:17.0	One way to gauge your financial success is to compare it with that with others.
1:22.6	Right?
1:23.6	For that reason, I thought this headline might get your attention.
1:28.0	Over 10 years, over 10 years, the financial wealth of the world's
1:32.2	millionaires has surged.
1:34.0	Now that's pretty obvious, right? I mean wouldn't not be obvious?
1:38.0	If you're a millionaire 10 years ago and the market, remember this is 2018 so that would be 2000
1:47.0	You know 2000 since the market turned right?
1:50.0	2008 is when the market crashed and then 2009 it turned around.
	...

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