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
4.4 • 1.5K 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
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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 |
| 0:14.0 | 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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