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InvestTalk

12-21-2020: Home-Flipping Profits Are The Highest In 20 Years

InvestTalk

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

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

4.31.5K Ratings

🗓️ 22 December 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

In today’s ultra-competitive housing market, it is difficult to find an inexpensive home to 'buy and flip' but those who do can make a hefty profit.



Today's Stocks & Topics: IVR - Invesco Mortgage Capital Inc., MORT - VanEck Vectors Mortgage REIT Income ETF, WISH – Context Logic Inc., 401k Contributions, GHC - Graham Holdings Co., JEPI - JPMorgan Equity Premium Income ETF, Health Savings Account, GPORQ - Gulfport Energy Corp., Small Business Lending.



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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, and now today's

0:16.2

podcast.

0:19.2

Good afternoon fellow investors and welcome to Invest Talk. This is our Monday, December 21st, 2020 edition of Invest Talk and I appreciate you all tuning in for this hour and

0:36.9

Today marks the first day of winter

0:48.1

Which means what just a few days away from Christmas, and then New Year's, and then longer days, right?

0:50.2

We get longer days from here on out, thankfully.

0:53.0

And we have a lot of news today in regards to the stimulus.

1:00.0

It was kind of a buy the rumor, sell news type of event at least today right that was kind of the market reaction and

1:11.0

There's this was a slim down bill and the House is already talking about the next session of Congress post the inauguration that they'll go back to the table, maybe pass

1:27.8

something even bigger, hopefully in their mind at least. And that was really the big news over the weekend. We have about

1:39.2

a half a million or so. People in the US have received the vaccine so far. And it's just so

1:43.0

people in the US have received a vaccine so far and it's just starting to roll out

1:46.0

unfortunately it looks like there's a new strain of the virus in the UK

1:52.0

that's definitely spooking investors a bit the and we know this year is just a different year the most different year of my life that's

2:05.7

for sure and I'm sure yours and the uncertainty that still kind of hangs over the economy going into next year

2:17.0

will be an important aspect to strategy and your decision-making, the discipline you're going to need

2:28.0

going into next year.

2:31.5

And that means you need to be prepared for volatility, which certainly is likely next year, right?

2:42.0

We're going to have another

2:46.0

steady up three quarters like we've had over the last three, right?

2:52.0

Second, third, and fourth quarter this year were pretty much smooth sailing.

...

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