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InvestTalk

2-13-2023 – In Isolation, Your Net Worth Statement May Not Tell You Much at First

InvestTalk

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

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

4.41.5K Ratings

🗓️ 14 February 2023

⏱️ 46 minutes

🧾️ Download transcript

Summary

Over time, a realistic summary of all your assets and liabilities is a crucial first step toward getting a better handle on your finances.


Today's Stocks & Topics: MELI – Mercado Libre Inc., KHC - Kraft Heinz Co., NSSC - NAPCO Security Technologies Inc., Dogs of the Dow on 2023, Inflation, HBI - Hanesbrands Inc.

 

Justin's PERSPECTIVE concerns the REAL IMPACT of inflation on the "buying power" of the U.S. dollar over time-- specifically, over 103 years.



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Transcript

Click on a timestamp to play from that location

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

0:14.0

and share their unbiased answers.

0:17.0

Invest Talk is made possible by KPP Financial, a registered investment advisor firm,

0:23.0

serving clients throughout the United States.

0:26.0

The clarity for your path forward starts now.

0:30.0

Here is KPP Chief Executive Officer, Financial Advisor, Justin Clyde.

0:37.0

Good afternoon fellow investors and welcome back to Invest Talk.

0:41.0

This is our Monday February 13th, 2023 edition.

0:46.0

And as we start this week, I want to start off by going back to the basics.

0:56.0

And when I say the basics, I'm talking about the basics of economics, of business, of markets.

1:06.0

And one of the first things you learn in business school is the simple concept of supply and demand.

1:17.0

Now I love giving you guys some perspective that helps you break free of the normal bad decisions people make when they are new to investing or just simply guided by headlines.

1:41.0

And their own emotions.

1:46.0

And one of those things is by only focusing on demand.

1:53.0

When people look at investments, you know, they say, oh, hey, was there going to be more demand for this or less demand for this?

2:02.0

You know, a good example is electric vehicles.

2:05.0

Everyone chasing electric vehicles, because oh, there's going to be more demand.

2:12.0

Well, let me tell you about what makes for good investments.

2:18.0

And I will tell you this, I will tell you that it isn't nearly as much about demand as it is supply.

2:30.0

People focus way too much on the demand side and focus not nearly enough to understand what's happening on the supply side.

2:45.0

And you can be reminded of just past few years of what happens when supply is limited, what happens prices go up.

...

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