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InvestTalk

1 in 3 Americans Experienced Financial Fraud in the Past Year

InvestTalk

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

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

4.31.5K Ratings

🗓️ 11 March 2025

⏱️ 50 minutes

🧾️ Download transcript

Summary

A new Bankrate survey reveals that a staggering 34% of U.S. adults have experienced financial fraud or scams in the past year, with nearly 2 in 5 losing money as a result.

 

Today's Stocks & Topics: HRI - Herc Holdings Inc., Market Wrap, CVE - Cenovus Energy Inc., LNC - Lincoln National Corp., 1 in 3 Americans Experienced Financial Fraud in the Past Year, Oil & Energy, Tariff War, STLD - Steel Dynamics Inc., EUAD - Select STOXX Europe Aerospace & Defense ETF, Tesla Sales.



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Transcript

Click on a timestamp to play from that location

0:00.0

On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is InvestTalk.

0:13.3

Independent thinking, shared success.

0:17.7

Invest talk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States.

0:27.2

Here is KPP Financial Chief Executive Officer, Financial Advisor, Justin Klein.

0:34.6

Good afternoon, fellow investors, and welcome back to Invest talk. This is our Monday, March 10th,

0:41.5

2025 edition of InvestTalk and it was quite the day on Wall Street. Big red day, big red candle

0:50.5

on the charts and some really big losses especially for those big growth year

0:56.8

names that are out there in the market and very interesting times that we are living in

1:02.7

talking about that this is unlikely to be a year similar to last year or the year before

1:09.2

it's likely to be choppier or more risk

1:11.4

doesn't mean you can't be successful but it's just harder and you see that now and

1:17.3

we're what the 10 11 weeks into the year and you've seen a lot of some upside as well as

1:25.5

downside that the market can bring so we're here to help you

1:30.5

meet these fresh challenges and be prepared so that you aren't making rash

1:37.0

emotional decisions and volatility will do that to the best of us it will bring

1:42.5

out those emotions and so our job here is to help quell those

1:48.7

emotions in both directions. Things are great. It's probably not as rosy as you think it is.

1:54.5

And when things are terrible, it's not as bad as you feel it is at a time. The reality is

2:00.7

usually somewhere in the middle, the reversion to the mean.

2:04.2

And so we're in the process of forging a new path in markets, one that is just simply more

2:15.4

volatile and has more challenges.

2:18.3

And so we're here to provide insight as well as data so that you can better make decisions for yourself.

...

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