Independence From Bad Investing
Money Tree Investing
Money Tree Investing Podcast
4.6 • 658 Ratings
🗓️ 10 July 2024
⏱️ 26 minutes
🧾️ Download transcript
Summary
We are here to celebrate your independence from bad investing. Today we discuss investing, political commentary, and of course the U.S. debate. Listen in for investment insights and how politics often have little impact on stock market performance. The focus is on understanding market trends, with a detailed analysis of current market performance across various sectors, highlighting that a few high-performing stocks are driving overall market gains and more.
Today we discuss...
- The UK's new prime minister and political changes post-Brexit.
- The US presidential debate between Biden and Trump, with concerns about the candidates' competency.
- Emphasis on the lack of substance in the debate and questions about who is actually running the country.
- Discussion on the perceived gaslighting by political parties and media.
- The importance of consistent investment strategy irrespective of political changes.
- Market performance trends, focusing on high-performing stocks driving overall gains.
- Advice on the benefits of indexing and diversification in investments.
- Concluding thoughts on maintaining a disciplined investment approach despite market or political volatility.
For more information, visit the show notes at https://moneytreepodcast.com/independence-from-bad-investing-623
Today's Panelists:
Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners
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Transcript
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| 0:00.0 | Welcome to the Money Tree Investing Podcast. |
| 0:04.0 | Stock market, wealth, personal finance, value stocks, invest in your life. |
| 0:10.0 | Hello, Smart Money Tree Podcasts, |
| 0:12.0 | listeners. Welcome this week's show. |
| 0:13.0 | My name is Kirk Chisholm and I'll be your host. |
| 0:15.0 | And today I'm joined again with my good friend Doug Higran. |
| 0:17.0 | Hey Doug. |
| 0:18.0 | Happy post celebration of independence. By the way, I saw a great meme this |
| 0:23.1 | weekend. It was hysterical. Somebody posted, name one thing that Great Britain or England was good at. |
| 0:29.3 | And somebody said, creating more independence days around the world than any other country. |
| 0:36.1 | They're very successful at making sure countries will eventually have a day to celebrate independence away from them. |
| 0:44.2 | That's good. I like that one. |
| 0:46.9 | I think there was a golfer. |
| 0:48.2 | Was it Kisner, Kevin Kisner? |
| 0:50.2 | No, if his first name's right. |
| 0:51.8 | Anyway, he went over and played in the British Open and he wore a 1776. |
| 0:56.8 | It must be tough for them. |
| 0:58.4 | For the rest of your life, for something you had no part of in your own country that you're |
| 1:03.7 | proud of, you've got to deal with all these people like showing that in your face. |
| 1:08.8 | It's like being a fan of a team that stinks and you're still |
| 1:13.1 | supposedly oh actually it's like being a redsox fan up until 2000 and what was it six or something |
| 1:18.2 | when they first won the world series in like a long time it's like being a part of a team that |
... |
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