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InvestTalk

Americans Are Losing Billions to Sports Betting-At What Cost?

InvestTalk

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

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

4.31.5K Ratings

🗓️ 7 May 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

Since 2018, Americans have wagered nearly $450 billion but there's a dark side with gamblers experiencing increased debt, bankruptcies, and reduced savings. 

Today's Stocks & Topics: TGT - Target Corp., Oil, Market Wrap, JEPI - JPMorgan Equity Premium Income ETF, IIPR - Innovative Industrial Properties Inc., Social Security, BRY - Berry Corp., How to Begin Investing at 18?, Jobs Report.



Advertising Inquiries: https://redcircle.com/brands

Transcript

Click on a timestamp to play from that location

0:00.0

On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is

0:12.1

InvestTalk, independent thinking, shared success.

0:17.9

Invest talk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States.

0:27.4

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

0:35.0

Good afternoon, fellow investors, and welcome back to Invest Talk.

0:39.6

This is our Tuesday, May 6th, 2025 edition of InvestTalk.

0:44.1

Appreciate you all tuning in to this hour with me.

0:49.0

And my, excuse me, my job is to help you become a better investor, help you navigate

0:53.8

these very interesting times

0:55.7

you know i've talked before about uh the book for turning i think that's uh very applicable to today

1:03.7

and you know you see it all around us you know just uh lots of change and it doesn't seem to stop right and that's for good reason because we are in a time of change and it doesn't seem to stop, right?

1:11.8

And that's for good reason because we are in a time of change.

1:15.1

We are in the winter season and things become more difficult.

1:19.6

Now, the good news is on the other side of winter is spring,

1:23.1

but you have to navigate winter first.

1:27.3

And that's what we're here to do is to help you help guide you

1:31.3

on a day-to-day week-to-week week-month basis help you understand what's happening in markets and how

1:37.3

will impact your portfolio and maybe even your livelihood overall because we cover different sectors, different asset classes,

1:46.4

and we take your questions.

1:48.6

So don't hesitate to reach out with your question.

1:51.7

Whatever it is money related, we are here to help.

1:55.7

Now in just a bit, we're going to talk about today's market performance and run down the show topics for the hour.

...

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