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InvestTalk

12-4-2020: Can You Plot Your Timeline To A $1 Million Net Worth?

InvestTalk

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

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

4.31.5K Ratings

🗓️ 5 December 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

The stock market is one of the greatest wealth-building tools that exists, as long as you follow a few key rules.



Today's Stocks & Topics: BMY - Bristol Myers Squibb Co., Jobs Report, Paul Tudor Jones, Gains & Taxes, GDX - VanEck Vectors Gold Miners ETF, QDEL - Quidel Corp., XLE - Energy Select Sector SPDR ETF, VSCSX - Vanguard Short-Term Corporate Bond Index Fund Admiral,

ANAT - American National Group Inc., UNM - Unum Group.



TRIVIA QUESTION: As we go to break, here is my trivia question: "When is a penny worth FAR MORE than a penny?"



Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Oil and Gasoline.



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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 it is Friday December 4

0:24.8

2020 right in the middle of the holiday season and December is the final month of the year

0:32.2

so in the final month of the fourth quarter so we're you know we get to look back at the year in January and say boy that I'm glad that year is done I know you I know I will be I don't know about you but we've had a

0:45.2

pretty tough year in our family you know my wife's father father my father and all

0:51.0

passed away and we've had some tragedies this year and it's

0:57.7

been a tough year and I'll be happy when it's passed and of course there's you know the market the stock market hasn't

1:05.0

done too bad but it certainly has been super volatile and an update today.

1:10.5

Well and I'll say this the volatility is not going to stop yet.

1:14.0

You know, we still...

1:16.0

I'm thinking, you know, it probably will slow down the excess volatility. Mark is always volatile, but the excess volatility. The market is always volatile, but the excess

1:24.8

volatility will probably slow down next year. 2021. Anyways, I'm Steve

1:31.0

Peasley and today in this podcast this radio show I'm going to do my best

1:36.8

to give you the answers that you need or ask for as long as they're financial I'll be happy to talk to you

1:42.1

Any financial questions are

1:43.7

welcome and I will provide any strategies or answering these questions about

1:49.7

strategies you might have you know and how to deal with that volatility? We'll talk about that.

1:55.0

Of course, you have to call. 88899 chart is our number. This is a call-in show. 888-992 4-78.

2:05.0

Well, the market had a pretty good day this week.

2:07.1

That mean, it had a pretty good week.

...

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