Listener Questions October 2022 – Let Us Know What You Think
Money Tree Investing
Money Tree Investing Podcast
4.6 • 658 Ratings
🗓️ 28 October 2022
⏱️ 34 minutes
🧾️ Download transcript
Summary
We have another great listener questions episode just in time for Halloween. Put on your favorite costume and grab a frosty beverage. Join us for Money Tree Investing Podcast. This week we discuss, what stage of the market are we in, how are investors reacting to the current market conditions ( investor sentiment), what we are doing with clients right now, where to find cash flow, and asset protection in an insane world where nothing makes sense.
For more information, visit the show notes at https://moneytreepodcast.com/listener-questions-october-2022
Today's Panelists:
- Kirk Chisholm | Innovative Wealth
- Megan Gorman | The Wealth Intersection
- Douglas Heagren | Pro College Planners
Follow on Facebook: https://www.facebook.com/moneytreepodcast
Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast
Follow on Twitter: https://twitter.com/MTIPodcast
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the Money Tree Investing Podcast. |
| 0:04.8 | Stock market, wealth, personal finance, value stocks, invest in your life. |
| 0:10.6 | Hello, the Smart Money Tree podcast listeners. |
| 0:12.5 | Welcome to this week's show. |
| 0:13.6 | My name's Kirk Chisholm and I will be your host. |
| 0:15.8 | So today we're doing a little bit of a different episode. |
| 0:18.0 | We're doing listener questions and just general topics that we |
| 0:21.0 | want to talk about. So this week we have our very own Doug Hagerin. Hey, Doug. Morning, Kirk. Thanks for |
| 0:26.5 | having me. Good to be here. Yeah, good to have you on. And we also have a very own Megan Gorman. Hey, Megan. |
| 0:31.0 | Hi, Kirk. Thanks for having me on. How are you doing today? I'm doing great. I'm actually feeling left out because you guys both have different backgrounds of me. So I'm actually going to go in and change mine. So I don't feel like I'm the |
| 0:41.0 | only one who is somewhere else. So there we go. This actually looks a little odd that we're all |
| 0:45.9 | the same. All of a sudden, I'm feeling a little blue. All right. Well, let's just dive right in. |
| 0:53.0 | So I know, Megan, I mean, you work with a lot of clients and we were talking before the show, just how everyone's kind of reacting to what's going on in the world. So what are you doing with your clients right now? Like, how are your clients looking at the world? Like, how are you positioning things with your clients, given what's going on? |
| 1:08.5 | We're in a complete dumpster-fired market. |
| 1:12.7 | I think it's the technical term. |
| 1:17.4 | So each firm has different philosophies, but we are long-term investors. |
| 1:21.4 | We ride this through in the marketplace, a philosophy our clients buy into. |
| 1:26.0 | So what we're focused on is looking for pockets of opportunity. |
| 1:28.9 | And so one of the things that we're doing a lot of work on with clients is tax lost harvesting. And tax loss harvesting is one of these strategies that you hear |
| 1:36.8 | about a lot, but really what it is is staying in the market, but booking losses in order to bank them to be used down the line. |
| 1:47.5 | And if we were to go back into 2008, we did this a lot with clients where we banked hundreds |
| 1:52.6 | of thousands of dollars of losses. And interestingly enough, we had used most of those losses |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Money Tree Investing Podcast, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Money Tree Investing Podcast and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.