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Money Tree Investing

The Fed Said What???

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6658 Ratings

🗓️ 9 August 2023

⏱️ 58 minutes

🧾️ Download transcript

Summary

The Fed said what this week? 

In case you missed it the Fed raised interest rates, Fitch downgraded the US debt based on REALITY. But no one seemed to care as everyone who has been investing for the past 20+ years already knows that reality doesn't matter in the stock market.

Also in the news... You didn't win the 1.35 billion dollar lottery. Here's why.

Today's Panelists:

Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners

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For more information, visit the show notes at https://moneytreepodcast.com/fed-said-what-beware-of-inflation-527

Transcript

Click on a timestamp to play from that location

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 listeners.

0:13.0

Welcome to this week's show.

0:14.0

My name is Kirk Chisholm.

0:15.0

I will be your host.

0:16.0

And once again, joined with my good friend Doug Hagerin.

0:18.0

Hey, Doug, you're muted.

0:19.0

I'm sure it was really,

0:21.1

really awesome what you were saying, but we can't hear you. You know what? It was exciting what

0:25.6

I was going to say, because today, the lottery, the mega millions, $1.25 million.

0:32.0

Billion. Yeah, billion. Sorry. Billion. With a B. Yeah. One million dollars.

0:38.9

And, of course, everybody's laughing at him.

0:39.4

Like, really?

0:40.0

Yeah.

0:41.8

A lot of people dream about this.

0:43.5

It can be a life-changing experience.

0:45.7

Obviously, the odds of winning it aren't great.

0:47.2

But, you know, it's always fun to dream.

0:48.6

So let's talk about that today.

0:49.2

Yeah.

0:54.7

We're going to dive right in and at some future podcast, go back to what Doug said, which I'm sure is the meaning of life,

...

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