12-21-2022 – One Generation of Wealthy Investors Is Betting the Market will Be Higher in 2023
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 22 December 2022
⏱️ 46 minutes
🧾️ Download transcript
Summary
81% of millennial millionaires expect their assets to be higher at the end of NEXT YEAR, but there is a large optimism gap between younger and older investors.
Today's Stocks & Topics: After Investing, RCKT - Rocket Pharmaceuticals Inc., FSLR - First Solar Inc., Fully Paid Lending, LC – Lending Club Corp., Stock Losses, EMR - Emerson Electric Co., Value Investing, Value Funds.
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Transcript
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| 0:00.0 | This is Invest Talk, independent thinking, shared success. |
| 0:09.0 | Just and client and Steve Peasley, stand ready to take your finance and investment questions |
| 0:14.2 | and share their unbiased answers. |
| 0:18.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving |
| 0:23.2 | clients throughout the United States. |
| 0:26.2 | The clarity for your path forward starts now. |
| 0:30.5 | Here is KPP Chief Executive Officer, Financial Advisor, Justin Klein. |
| 0:36.2 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:42.1 | This is our Wednesday, December 21st, 2022 edition and we are pounding down the day |
| 0:48.5 | still the new year and as we end this year, I want to touch a bit on some, I guess you |
| 1:02.5 | could say this year and it's only fitting that you're starting to see the unwind of Elon's |
| 1:13.4 | Empire through degree, right, he's alienating his fan base and you see the stock price of |
| 1:22.4 | Tesla suffering and if you have studied anything about why that price of Tesla stock has |
| 1:30.8 | gone up, you know that it's because of a very large gamma squeeze and gamma squeeze |
| 1:35.5 | releases a reflexive, which is how it got such the same valuations, but the reflexive |
| 1:40.5 | also in both ways. |
| 1:44.8 | So you're starting to see that unravel as we come to the close of this year, which is |
| 1:49.8 | only fitting. |
| 1:54.3 | But I want to broaden it out to saying that really I only started to hear when I started to |
| 2:04.8 | dig into Tesla and the details of the company and they're very strong fan base, which granted |
| 2:15.8 | now it's dwindling. |
| 2:19.3 | And it's the term, but, but stands for fear, uncertainty and doubt, given any online |
... |
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