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InvestTalk

1-8-2021: How Best To Plan And Meet Financial Goals During Unstable Times

InvestTalk

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

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

4.31.5K Ratings

🗓️ 9 January 2021

⏱️ 46 minutes

🧾️ Download transcript

Summary

Despite a chaotic 2020, many Americans retained a sense of financial stability-- but when is it time to create a better plan with the help of a professional advisor?



Today's Stocks & Topics: UGI - UGI Corp., Jobs Report, Artificial Intelligent Technology, Hyundai & Apple, JNJ - Johnson & Johnson, RIO - Rio Tinto PLC ADR, LAZR - Luminar Technologies Inc., FVE - Five Star Senior Living Inc., DDD - 3D Systems Corp.



TRIVIA QUESTION: "When was the Dow Jones first calculated-- which year? And-- if we look at the YEAR HIGH for 2020 and COMPARE it with the YEAR HIGH for 1920 (a 100 year spread)... how many times higher was the DJIA in 2020?"



Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Oil and Gasoline.



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Transcript

Click on a timestamp to play from that location

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.

0:22.0

It is Friday, January 8, 2021 and we certainly

0:27.7

have a lot of changes going on don't we? With a new president coming in and you know we have a vaccine but we still have a

0:35.9

spike in the in the caseload of COVID people lots of changes and you know if there's going to be more spending dollars coming from

0:45.7

Washington looks like it what's that going to do to the market what's it going to do the

0:49.8

economy what's going to do to our debt what's going to do to do to our debt? What's going to do to inflation? Lots and lots of

0:55.7

variables. But you know what? There's always something to worry about in the stock market.

1:00.8

If you've been investor any any length of time you'll notice

1:04.2

there's always something to worry about. This is why I say don't ever get out

1:09.7

completely of the stock market because there's always something new to worry about.

1:14.0

Always.

1:15.0

So don't be fearful of it.

1:18.0

Just try to understand what the newness, whatever it is,

1:22.0

or whatever is common, what it will do to the economy

1:26.8

You know what is it going to do to your stock investments but don't worry about it just make the appropriate adjustments that's really what we're

1:36.3

talking about adjustments not getting out of the market okay there are times when

1:42.3

you cut back and you produce cash but never get out complete never do just stay on guard

1:48.6

Okay, you can't afford to let your guard down. You just can't. Okay, so you're going to have volatility. We're going to have more volatility going forward and that's always there too. We get

2:03.7

periods of calm. We've been dealing with a period of a little bit more than normal

...

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