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InvestTalk

11-04-19: More Americans Are Leaving Their Money In 401(k) Plans After Retirement

InvestTalk

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

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

4.41.5K Ratings

🗓️ 5 November 2019

⏱️ 46 minutes

🧾️ Download transcript

Summary

55% of workers are choosing to keep their assets in their former employer’s 401(k) plan a year into retirement-- should you?

 

Today's Stocks & Topics: Federal Reserve Survey, No Spend November, 401k, OZK - Bank OZK, ACB - Aurora Cannabis Inc., MCD - McDonald's Corp., I-R-A, China, Social Security, MA - Mastercard Inc.

 

Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields, Bitcoin, S&P 500, The Dow.

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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 Monday, November 4th, 2019 edition of Invest Talk.

0:32.0

And we are at all-time highs in the market.

0:35.8

Pretty interesting development over the past week or so and there's a lot going on

0:41.8

with the potential trade deal with China.

0:47.0

You obviously had a Fed rate cut last week.

0:51.0

We have changes in what is expected to be a very contentious Democratic primary

0:59.8

coming up in a few months and just a lot going on economically.

1:06.0

Obviously, Hong Kong and their civil unrest.

1:09.0

There's a lot to digest in today's market and you are probably here for unbiased guidance

1:18.3

and that's what we are here to give you.

1:20.9

I'm Justin Klein and thank you for joining me on this Monday. I hope you will call

1:24.8

me with your investing or money related questions. And when and if you do make that call, you can

1:31.0

shape the show to your particular advantage, and we can help you more effectively

1:39.4

move that next step in your path towards financial freedom.

1:44.0

Now we're going to do that each and every weekday with a philosophy of

1:48.0

independent thinking and shared success.

1:50.0

Excuse me.

1:51.0

Now today in this hour I'm going to do my best to answer all of your

1:56.8

questions and give you as much relevant information that I can you know in today's

...

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