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Your Money, Your Wealth

What Brexit Means for Your Investments - 41

Your Money, Your Wealth

Your Money, Your Wealth

Realestate, Income, Investing, Personalfinance, 401k, Rothconversion, Retirement, Education, Taxes, Socialsecurity, Personalfinances, Finance, Retirementplanning, Investments, Stocks, Business, Roth, Fiduciary, Ira

2.3681 Ratings

🗓️ 25 June 2016

⏱️ 39 minutes

🧾️ Download transcript

Summary

The markets are panicking over the Brexit vote. Original publish date June 25, 2016 (hour 1). In episode 41 of the YMYW podcast, learn what the news can mean for your investment portfolio. Note that content may be outdated as rules and regulations have changed. 

00:00 - Intro
02:08 - “Important British trading partners like India and China indicated that they were worried that the exit would create regulatory and political volatility that could harm the economies of everyone involved”
07:07 - “It’s complicated; there are a lot of treaties that have been set up between countries that have to be re-negotiated”
09:37 - “I know volatile times make people a little uneasy, but that’s just part of being invested in the overall global economy”
14:00 - “We can’t be ultra, ultra conservative with our money because we won’t keep up with inflation”
20:46 - “I’m going to talk about the seven biggest financial challenges senior citizens are facing in retirement, according to the Motley Fool
22:28 - “We’re at historically low interest rates”
26:41 - “Low interest rates are a problem, and distrust of the stock market is another one. Capitalism works over the long run”
28:18 - “When it comes to retirement, a lot of us are in a much higher tax bracket than we figured because the money coming out of our 401(k)s and IRAs are fully taxable”

Transcript

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0:00.0

Pure Financial Advisors, a registered investment advisor.

0:03.2

This show does not intend to provide personalized investment advice through this broadcast

0:07.4

and does not represent that the securities or services discussed are suitable for any investor.

0:12.5

Investors are advised not to rely on any information contained in the broadcast

0:16.0

in the process of making a full informed investment decision.

0:19.4

This is your money, Your Wealth, on Talk

0:22.0

Radio 760, KFMV. Now, here's Joe Anderson and Big Al Klopine.

0:29.0

Hey, welcome to the show, everyone. Show's called Your Money or Wealth. My name's Joe Anderson.

0:34.3

I'm a certified financial planner. I am with, of course, Alan

0:37.7

Klopine. He's the CPA. Thanks for tuning in. Nothing much going on in the news today.

0:43.3

So it's... Nothing. Nothing. We got nothing.

0:47.3

Well, there's...

0:49.3

Except for Brexit.

0:50.3

Brexit.

0:51.3

Yeah? I guess we could dive in for two hours on Brexit. Sure could.

0:55.3

Very interesting, you know?

0:57.3

The pollers got that a little off?

1:00.5

Well, I guess it's been pretty close for the past couple weeks, but it definitely was

1:04.6

trending to stay instead of leave, and the people that voted to leave actually got their

1:10.3

way.

1:11.0

So what the heck does all this stuff mean?

1:13.7

All right, I'm going to boil it down, Joe.

...

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