2-19-2021: New Rule On 401(k) Rollovers Takes Effects
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 20 February 2021
⏱️ 46 minutes
🧾️ Download transcript
Summary
The Labor Department regulation strengthens consumer protection on trillions of dollars in retirement accounts.
Today's Stocks & Topics: CL - Colgate-Palmolive Co., HII - Huntington Ingalls Industries Inc., TGH - Textainer Group Holdings Ltd., Copper, DMTK - DermTech Inc., GM - General Motors Co., Airline Stocks, Annuities, Gold, AEM - Agnico Eagle Mines Ltd.
TRIVIA QUESTION: "Can Stocks Be Traded on More Than One Exchange? AND, if yes, WHY would a company choose to do such a thing?"
Plus: Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Oil and Gasoline.
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Transcript
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| 0:00.0 | Now on this Invest Talk podcast. Hey Steven Justin, I am calling. By the way, I love your show, |
| 0:08.4 | a loyal listener. I'm calling about Colgate Paul Molliv. See you've been Charlie, |
| 0:14.2 | Elis and Lima. Steve Peasley responds to your questions. They grow their earnings in the high, |
| 0:20.7 | the mid-high single digits as they've been growing their sales in the mid-high single digits. |
| 0:25.7 | Invest Talk, over 29 million downloads and county. Thank you very much for your show, |
| 0:32.1 | very enlightening. Recently purchased a stock called Derm Tech DMTK. Your participation makes it |
| 0:41.6 | unique. 888 99 chart. |
| 0:45.0 | This podcast is produced by KPP Financial. Steve Peasley, president. KPP Financial, |
| 0:58.5 | independent thinking, shared success. And out today's podcast. |
| 1:06.4 | Good afternoon everybody. This is Invest Talk. It is Friday, February 19, 2021. |
| 1:13.3 | And of course on this program, we will operate in the same mission statement. We do every day |
| 1:19.1 | independent thinking and shared success. And independent thinking means we don't buy data |
| 1:23.7 | everybody. That means we do our own homework. Let me rephrase that. We do buy data. But we don't buy |
| 1:29.7 | opinions. We don't use other money managers or big companies to tell us what we should buy and |
| 1:38.1 | sell. We do our own homework. I mean, that's obvious. These big companies, if they knew everything, |
| 1:44.5 | they would own the world. They don't know everything. They get it wrong just often as everybody |
| 1:49.4 | else, even you. So don't think you can't perform as well or better than they. You can. It just |
| 1:56.3 | takes some knowledge. And it doesn't take, you don't have to know everything. You don't have to |
| 2:01.4 | have that. So on this program, I try to provide you with explanations. Try to educate you. That's |
| 2:09.2 | just what I want you to learn how to do this. When someone calls about a stock, we try to tell you |
| 2:17.1 | or fill you in as to what makes it move, what has made it move, what should make it move in the |
| 2:24.0 | future. But just try to remember, when you're dealing with a stock market, you're dealing with |
... |
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