10-29-2020: Opinion: 6 Reasons Why You Will Save More Money With An ARM
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 29 October 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
Most experts will tell you it’s safer to go with a fixed-rate mortgage, but how could you benefit from an adjustable rate mortgage (ARM)?
Today's Stocks & Topics: Bonds, IHRT - iHeartMedia Inc., CUK - Carnival PLC ADR. Risk vs. Volatility, Interview with Lindsey Andrews – CEO of Minibar Delivery, ETFs for Beginners Investors, The U.S. Economy, TCTZF - Tencent Holdings Ltd.
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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 fellow investors and welcome to Invest Talk. This is our |
| 0:27.6 | Thursday, October 29th, 2020 edition of Invest Talk and we are almost done with the month of |
| 0:35.9 | October only one more trading day left and we had a litany of earnings coming out of the market, coming out of the big tech names at the end of today. |
| 0:52.0 | Apple reported earnings, that was down a little bit after hours. |
| 0:56.0 | You also had the likes of, let's see, |
| 1:00.0 | you had the likes of Google, they had earnings, Amazon. I mean it was really non-stop today. So it |
| 1:08.2 | be interesting to see how the market reacts to just those litany of companies, of earnings on companies that are very vital to the economy |
| 1:17.3 | and vital to the market really actually. |
| 1:19.4 | So that'll be interesting to follow Facebook, with out with earnings Twitter. You had |
| 1:24.8 | Starbucks and MGM and oh just so many Cheesecake Factory US U.S. Steel. |
| 1:32.9 | It was pretty wild after hours. |
| 1:35.0 | So how the market reacts will be, |
| 1:38.0 | I think, important. |
| 1:38.6 | This is probably the biggest day or biggest earnings day of the year, the quarter at least. |
| 1:45.0 | And going into what, only two really more trading days left before the election. |
| 1:52.0 | So certainly a lot of potential volatility here, big volatility down last. |
| 1:56.2 | Yesterday, decent update today even though we sold off near the end of the day. The SP still gained a little over 1%. |
| 2:04.6 | Nasdak that was up about, let's call it 1.5% or so. So very interesting |
| 2:12.0 | last couple days in the market, you know, no stimulus really to be seen or expected in the near term and certainly the market is not happy about that. |
... |
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