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InvestTalk

10-17-19: ENCORE - Why Baby Boomer Household Wealth Is Now 12 Times Greater Than Millenials

InvestTalk

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

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

4.41.5K Ratings

🗓️ 17 October 2019

⏱️ 47 minutes

🧾️ Download transcript

Summary

Housing costs, debt, and the Great Recession of 2008 are all to blame-- but there are ways for millennials to get their finances on track.

Today's Stocks & Topics: Is the Bond Market in a Bubble?, Investors Should Be Optimistic, Mortgages With a Negative Interest Rate... in Europe, Retirement Money, When to Invest in the Market, Universal Basic Income, College Savings, I-R-A, Stock Limits, Individual Business Operations, Where Does the Money Go.

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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

You're listening to an encore presentation of Invest Talk.

0:24.0

Please call with your questions and comments though, 88899 chart 88899,

0:30.0

CHA-R-T, and Steve will answer them on the next Invest Talk.

0:34.0

Good afternoon everybody and welcome to Invest Talk.

0:39.0

I'm Steve Peasley and I thank you for joining me today

0:41.0

and I hope you will call me as well because you drive the show.

0:44.7

This is a financial show we talk about anything financial and when you call we talk about that.

0:50.3

I try to answer any questions the best I can.

0:52.2

I will tell you if I don't know the answer

0:53.7

and you know or it's out of my area and I'll be you know I'm trying not to try not to just

1:00.4

talk about things I don't really know what I'm talking about, try to stay away from that.

1:05.0

And our goal here, of course, is for everybody to achieve financial freedom by growing their money, saving their money, investing their money smartly.

1:12.0

That's what we're doing. And I'm going to do it. money, investing the money smartly.

1:12.5

That's what we're doing.

1:14.4

And I'm going to do it with my own as well.

1:16.1

I've been doing it for years and years and years.

1:18.1

So I want to help you do it for you.

1:20.8

Okay?

1:21.7

So today, we're going to get on that path.

...

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