4.3 • 1.5K Ratings
🗓️ 22 December 2020
⏱️ 47 minutes
🧾️ Download transcript
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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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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