4.4 • 823 Ratings
🗓️ 17 November 2020
⏱️ 33 minutes
🧾️ Download transcript
What's so good about consumer goods? Emily Flippen joins us from the Motley Fool Industry Focus podcast to talk about the companies that sell us the stuff.
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0:00.0 | This is Motley Full Answers. I'm Alison Southwick and I'm joined as always by Robert Brokamp, |
0:08.4 | personal finance expert here at the Motley Fool. Hey, bro. |
0:11.7 | Hey, Allison. |
0:12.7 | In this week's episode, we're going to kick off our investing series where we're going to look back on the year and look ahead for various sectors with the help of the industry focus podcast team. |
0:23.3 | This week, it's Emily Flippin and Consumer Goods. |
0:26.2 | All that and more on this week's episode of Motleyful Answers. |
0:30.7 | Zebra, what's up? |
0:33.0 | Well, Allison, the world has experienced a lot of loss this year. |
0:36.5 | We all know about the hundreds of thousands of people who have passed away due to COVID, |
0:39.9 | one of them being my father-in-law, and many others have passed away due to other causes. |
0:44.5 | Our producer Rick lost both his parents this year, |
0:47.2 | and very soon we'll be reading articles about all the celebrities who have died in 2020. |
0:51.5 | One of them was Black Panther star Chadwick Bozeman, who, as you may have heard, |
0:55.7 | died without a will or any kind of estate plan. And so estate planning has been on my mind a lot |
1:01.6 | lately since I'm the executor of my father-in-law's estate. And my wife and I are in the process of |
1:06.9 | actually updating our own estate plan. And sometime next year, I expect we'll have a very |
1:11.5 | comprehensive episode about estate planning, including some insights from my and Rick's experiences. |
1:17.5 | But for now, just let me say, if you don't have an estate plan, please just get it done. |
1:23.8 | It's among the most neglected aspects of financial planning. I can't tell you how many times I |
1:28.1 | talked to someone and they said, yeah, I need to take care of that. I just haven't gotten around to it. |
1:33.0 | And many of these people are among the most successful folks that I know. There's just something |
1:37.8 | about estate planning that people want to avoid. And I get it. I've put off my own updating of our |
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