09-25-2020: Should Your Spending Priorities Ever Include An Expensive Vehicle?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 26 September 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
The difference between the monthly payment on a $50,000 pickup truck and a $20,000 car is enough to max out your individual retirement account in a given year.
Today's Stocks & Topics: Harley-Davidson, SPH - Suburban Propane Partners L.P., CHDN - Churchill Downs Inc., NVDA - NVIDIA Corp., SCHW - Charles Schwab Corp., ZI - ZoomInfo Technologies Inc. Cl A, NOW - ServiceNow Inc.
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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 Investock. It is Friday, September 25th, |
| 0:27.0 | 2020. There are only three trade days remaining in the month, three trading days and quarter ends and then we |
| 0:34.2 | start a new quarter and that's the last quarter of the year. So time goes by pretty |
| 0:38.3 | fast. I didn't see the market today. It was pretty, we finally had a little bit of a rally and that was nice and we'll give |
| 0:46.2 | you some numbers here in a minute. And of course you know we're still dealing with COVID-19. I'm hoping we're getting closer and closer and |
| 0:54.8 | closer to a vaccine because that vaccine will help the economy. I mean that will help the |
| 1:01.0 | economy a lot because it's the fear that strike people away from the economy |
| 1:06.2 | and you know whether it's justified or not it's just what's happening you're |
| 1:10.2 | fearful we're all fearful of going back to work, doing anything normally we do. |
| 1:16.5 | As we're told the state keeps six feet of wild heart and wear a mask and businesses are not fully opened and a vaccine would take care of all that. |
| 1:29.5 | It would take a little time to get spread out. |
| 1:31.9 | But did you see Johnson |
| 1:33.1 | Johnson today? They've already buying a billion, a billion |
| 1:38.2 | with a B batches of their their phase three trial vaccine. |
| 1:44.6 | In other words, they're in phase three. |
| 1:46.0 | They just started it. |
| 1:47.4 | It won't be ready until the end of this year |
| 1:49.9 | or at the beginning of next year. |
| 1:51.0 | But they've already ordered a billion batches |
... |
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