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InvestTalk

12-31-18: 4 Things to Know About the Future of American Energy

InvestTalk

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

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

4.41.5K Ratings

🗓️ 31 December 2018

⏱️ 46 minutes

🧾️ Download transcript

Summary

Surpassing Russia and Saudi Arabia, the United States is now the world's largest energy producer.
Today's Stocks & Topics: Jobs Report, IMF President, Uber & Lyft IPO, Limited Partnership, Buying Foreclosures, Retirement, Retirement Contributions, Roth I-R-A, Investing.

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Transcript

Click on a timestamp to play from that location

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 everybody and welcome to Invest Talk. This is our Monday edition of Invest Talk.

0:30.0

Now I'm Justin Klein and I welcome you to Invest Talk.

0:33.0

This is the weekday financial program that is one clear objective and that is to help you grow

0:37.6

and protect your investments.

0:39.1

And of course, we welcome your phone calls and questions at 8-899 chart.

0:44.6

Now 2019 will be the year of volatility and it's worth noting that we now have five major

0:51.0

tech stocks that are no longer considered bulletproof.

0:55.0

Now, online shopping has hit a new record, $80 billion over the last year.

1:01.0

However, it's a demographic shift because about 9 million less shoppers

1:05.2

showed up in brick and mortar retail stores over the past year and the economy remains relatively strong.

1:14.0

So it's not that they don't want to shop,

1:19.0

just that they're shopping a different way, right?

1:22.0

Now Amazon is playing to place stores in airports and

1:27.8

stores without cashiers. Now airports are the places where people tend to spend higher amounts for things

1:34.5

purchased on impulse. They're limited to their options so they tend to pay a little

1:40.5

higher prices than average.

1:43.0

And it's typically for items they believe they must have right then,

1:48.0

right, before getting on a plane,

1:51.0

or revisiting a relative, or bringing souvenirs back to a relative?

...

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