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InvestTalk

6-29-2021: FED Official Warns: U.S. Cannot Afford Housing Market ‘Boom and Bust’

InvestTalk

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

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

4.41.5K Ratings

🗓️ 30 June 2021

⏱️ 47 minutes

🧾️ Download transcript

Summary

In the real estate market, high and low-cost housing cycles have occurred multiple times and they have frequently been a source of financial stability concerns.

 

Today's Stocks & Topics: Retirement, Fidelity Youth Account, Facebook Antitrust Lawsuit, CCI - Crown Castle International Corp., Gold, SREV – Service Source International Inc., NCLH - Norwegian Cruise Line Holdings Ltd., STZ - Constellation Brands Inc. Cl A, FTNT - Fortinet Inc., Small Business and Taxes, QQQ - Invesco QQQ Trust Series I.



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Transcript

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0:00.0

Now, on this Invest Talk podcast, Steve Peasley listens to your questions.

0:07.0

Just a quick question for you on RMD.

0:10.0

So I'm 26 years old.

0:12.0

I'm currently maxing out my 401k and having the past three years.

0:16.0

Is there any downside to maxing out your 401k long term where you might have an RMD problem when you reach your retirement?

0:23.0

And provides unbiased answers.

0:26.0

That you're required to take a certain percentage out of your retirement accounts every year.

0:30.0

Because the government wants you to add that to your income for that year and pay income tax.

0:34.0

They want their tax dollars.

0:36.0

Invest Talk, over 32 million downloads and counting.

0:40.0

I had a question today about the travel stocks, specifically Norwegian cruise lines, looking for a recovery play.

0:47.0

Your participation makes it unique.

0:49.0

888-99 chart.

0:57.0

This podcast is produced by KPP Financial.

1:01.0

Steve Peasley, president.

1:03.0

KPP Financial.

1:05.0

Independent thinking, shared success.

1:08.0

And out today's podcast.

1:14.0

Hello everybody and welcome to Invest Talk.

1:16.0

It is Tuesday, June 29, 2021.

1:21.0

Fourth of July, just right on the corner.

1:23.0

Matter of fact, of course it's America's birthday.

...

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