11-08-18: How Lifestyle Creep Can Ruin Your Future
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 9 November 2018
⏱️ 44 minutes
🧾️ Download transcript
Summary
The phenomenon of spending more money, once you begin to make more money, can have short or long-term financial consequences.
Today's Stocks & Topics: Volatility Index, YELP - Yelp Inc., SBH - Sally Beauty Holdings Inc., The Federal Reserve, TTD - Trade Desk Inc. Cl A, FUND - Sprott Focus Trust Inc., NFLX - Netflix Inc., Mortgage Rates.
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| 0:00.0 | Invest Talk listeners ask Steve and Justin what they use for their winning investment research |
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| 0:18.0 | KPP Financial, Steve Peasley President, KPP Financial, Independent Thinking, shared success. |
| 0:28.0 | And now today's podcast. |
| 0:30.0 | Good afternoon everybody and thank you for joining me today on a vest talk. It is |
| 0:38.0 | Thursday, Thursday, November 8th. Well the dust is settled about the midterm elections. That's all done. The market has reacted in line with most expectations, which means, do you remember, I've told you before, the market likes gridlock in Washington always does |
| 0:55.2 | always has likes gridlock in Washington they don't like change market doesn't like |
| 1:00.2 | change I'm see peacely and welcome to the show. This is Invest Talk. It's a weekday |
| 1:05.4 | financial program and we only have one clear objective and has to help you grow and protect |
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| 1:24.0 | So look at the calendar everybody. |
| 1:26.0 | Thanksgiving is only two weeks away. |
| 1:28.0 | Love Thanksgiving. |
| 1:30.0 | Well, right out of the gate this morning, the market went down. |
| 1:34.0 | There was lots of interesting, of course the market was up five, the dowel was up five points yesterday, |
| 1:39.0 | so did you really expect it to be up again, huge? No, no, you didn't. And there was lots of interesting articles are interesting |
| 1:48.6 | market news today. Oil was down to $62 a barrel. It's in a total bare market oil prices are. |
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