07-08-2020: Why Portfolio Re-balancing (Almost Always) Pays Off
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 8 July 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
This year's turbulent market has been another reminder of the power of portfolio re-balancing for risk reduction.
Today's Stocks & Topics: Apple & Warren Buffett, Brooks Brothers Bankruptcy, Dos and Don'ts, Fed Buying Debt from Large Corporations, Price of Gold, MFA - MFA Financial Inc., CWH - Camping World Holdings Inc. Cl A, WKHS - Workhorse Group Inc., Moving Average, CSCO - Cisco Systems Inc., URI - United Rentals Inc., BYDDF - BYD Co. Ltd.
TRIVIA QUESTION: "In WHICH year was-- what EVENTUALLY became "The Bureau of Engraving and Printing"-- founded? And WHAT important secure document did they print for many years-- a document that is now printed elsewhere?"
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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, and now today's podcast. |
| 0:17.0 | Good afternoon everybody and welcome to Invest Talk. It is Wednesday July 8, |
| 0:26.1 | 2020 and the market's been interesting as you always know it's always |
| 0:30.6 | interesting to me I guess some people don't find it that way. |
| 0:34.0 | Up and down, up and down, but it's always interesting why it moves and what sectors move, |
| 0:40.0 | when I just find it fascinating myself. |
| 0:42.0 | So you can see lots of... I just find it fascinating myself. |
| 0:43.0 | So you can see lots of volatility. |
| 0:45.3 | I said I was pretty happy with the move up today |
| 0:47.8 | because he had a reversal day yesterday. |
| 0:49.5 | The mark was up and during the day and then fell down |
| 0:51.9 | much lower by the end of the day. |
| 0:54.0 | But today I was able to hold up. |
| 0:55.7 | They started to have a little reversal, then it held up and had a little run up in the end of the day. |
| 1:00.5 | So I was happy with that kind of movement you know technical it's all |
| 1:04.0 | about technical analysis and that's always it's not a science everybody it just |
| 1:09.4 | tends to be true it's enjoyable to me, it's enjoyable to analyze these things technically. But you know, when |
| 1:19.0 | you buy stock you buy it for the fundamentals. Buy it for its strength, it's sales, it's earnings, it's, it's, |
| 1:27.0 | it's margins, you know, different things, but always fundamentals. Technical is just kind of tends to be true and it's fun to learn. |
| 1:35.6 | Anyways, it's pretty unsettling times we're in. Today the program I will do my best to |
| 1:40.4 | provide some answers for you, give you some guidance, some finance and investment questions |
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