How Much Credit Card Debt is Too Much?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 26 September 2024
⏱️ 51 minutes
🧾️ Download transcript
Summary
Americans now carry a staggering $1.14 trillion in credit card debt. There are key indicators that can help you understand WHEN you may be overextended.
Today's Stocks & Topics: TXT - Textron Inc., Market Wrap, EQIX - Equinix Inc., R - Ryder System Inc., How Much Credit Card Debt is Too Much?, POET - POET Technologies Inc., OMCL - Omnicell Inc., PYPL - PayPal Holdings Inc., FL - Foot Locker Inc., Bonds, SMCI - Super Micro Computer Inc., Shippers Preparing for Potential East Coast Port Strike.
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on Invest Talk. |
| 0:05.0 | And for our podcast subscribers, this is Invest Talk, |
| 0:12.0 | Invest Talk, independent thinking shared success. |
| 0:17.0 | 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 portfolio manager Luke Guerrero. Good afternoon fellow investors and welcome back to Invest Talk. |
| 0:38.0 | I'm Lou Guerrero and today's Wednesday, September 25th, 2024. |
| 0:43.0 | Now as with any day, we can discern a lot about market movement from what happens on the daily basis, |
| 0:48.7 | on a weekly basis, on a monthly basis, and that's because markets are constantly changing. |
| 0:53.7 | All around us, we see economic changes, political changes, macro changes, |
| 0:58.9 | and each and every one of them matters. |
| 1:01.9 | So now is not the time to lose focus. |
| 1:06.8 | With that in mind, that is why the objective of this show, this radio program, this |
| 1:10.6 | podcast, this YouTube series, is to help you become a better and more informed investor. |
| 1:17.0 | Now to accomplish this, we bring to the table a mixture of educational items, |
| 1:22.0 | some actionable items. |
| 1:25.2 | But most importantly, you set the tone and you steer the conversation. |
| 1:28.6 | We need your finance and investment questions through YouTube, |
| 1:32.3 | through voicemail live, hopefully. and investment questions through YouTube, through |
| 1:32.5 | voicemail live, hopefully. |
| 1:34.9 | Those are the ones that I prefer. |
| 1:36.8 | Because then we know how we can better educate you. |
| 1:41.2 | Now before we move forward, I once again want to remind you that the KPP, there rather there |
... |
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