2025 Social Security COLA Announced: What Retirees Need to Know
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 16 October 2024
⏱️ 47 minutes
🧾️ Download transcript
Summary
In the smallest increase since 2021, the Social Security Administration has set the 2025 cost-of-living adjustment (COLA) at 2.5%.
Today's Stocks & Topics: WDS - Woodside Energy Group Ltd. ADR, Market Wrap, QQQM - Invesco NASDAQ 100 ETF, 2025 Social Security COLA Announced: What Retirees Need to Know, BTG - B2Gold Corp., PBI - Pitney Bowes Inc., China's Stimulus, Rollover I-R-A, BLDR - Builders First Source Inc., Buying a Preferred Stock, VALE - Vale S.A. ADR.
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on Invest Talk. |
| 0:09.0 | And for our podcast subscribers, this is Invest Talk. Independent thinking, shared success. |
| 0:18.0 | Invest Talk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States. |
| 0:27.0 | Here is KPP Financial Chief Executive Officer, Financial Advisor, Justin Klein. |
| 0:35.0 | Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:40.0 | This is our Tuesday, October 15, 2024 edition of Investock, and we are powering through the final quarter of the year and headed towards the election just a few weeks away and markets are shifting you know we've |
| 0:57.2 | had some good strength last week and into yesterday but today we saw some weakness now is this a |
| 1:04.9 | harbinger of things to come or is this just a bullet in today's market and so |
| 1:10.1 | we'll talk about this and many more topics during this hour. |
| 1:15.0 | Now I'm Justin Klein and our objective here each and every week day is help you achieve your own version of financial freedom by helping you take that next step. |
| 1:24.4 | And then the next step and the next step. |
| 1:26.3 | It's about walking with you. |
| 1:29.4 | And we're here to assist. |
| 1:32.2 | We're here to help in any way, and we do that mainly by answering your finance and investment questions, but we do also bring topics to the table that we think are important to discuss and go over that you can hopefully implement in your |
| 1:47.0 | investments journey and your financial journey in general. |
| 1:52.0 | There's a lot that's about investing but you know |
| 1:54.7 | personal finance tips and just mindset overall would be the most important aspect |
| 2:00.4 | that can help you become a better investor. |
| 2:04.0 | You have to shed the bad habits that the average investor has, |
| 2:10.0 | which is chasing headlines, chasing performance, and not focusing on the fundamentals of the asset that they're holding. |
| 2:17.0 | Whether that's real estate, stocks, bonds, whatever that is, the fundamentals at the end of the day play out. |
| 2:24.0 | And you want to be in assets that have strong fundamentals |
... |
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