Why the S & P 500 Highs are Caused By an AI Premium
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 15 March 2024
⏱️ 7 minutes
🧾️ Download transcript
Summary
Discover why the S & P 500 record highs are caused by an AI premium.
Are you on track for financial freedom...or not?
Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle.
If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars.
Your compounding rate, and how well you invest, matters!
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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 1324. |
| 0:03.0 | I'm gonna live no rich life, |
| 0:07.0 | rich life, |
| 0:08.0 | for the past life, |
| 0:10.0 | if y'all know what I mean, |
| 0:12.0 | put your hands up and declare with me |
| 0:14.1 | Yeah, I'm full of behind I'm gonna live a good life |
| 0:21.0 | I'm gonna live the good life |
| 0:22.0 | a beautiful and glorious life. |
| 0:25.0 | Step into a world of wealth and financial freedom without budgets, boredom or bosses, on |
| 0:32.0 | Be wealthy and smart. And now here's your host, Linda P. Jones. |
| 0:39.0 | Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor, Empowering Women and Men Worldwide to Financial Freedom. On today's show, we're going to talk about how the S&P has had more record highs since 1998. Now a lot of people are using that data to say we're |
| 0:56.4 | somehow near the end of this bull market, but I don't think so. To me we've just |
| 1:01.4 | begun the AI narrative and yes that is moving stocks up quite a bit |
| 1:06.5 | which is similar to what happened with the dot-com era but in that dot-com decade that trend went on for years. It wasn't a one-year trend or two-year |
| 1:16.8 | trend It went on for six or seven years like the dot-com trend AI is going to give a big boost to stocks because it's going to |
| 1:26.6 | increase their profitability. You see in the dot-com era we were just getting the internet and |
| 1:31.4 | people didn't really realize what the internet was or what it was going to mean to profitability for stocks. |
| 1:38.0 | In the internet era people were talking about eyeballs and lack of brick and mortar buildings, but they really didn't understand |
| 1:45.6 | how having a website was going to bring money into the business and how it was going to create |
| 1:51.0 | so much more profitability to the point where a company like |
| 1:54.9 | Amazon that was 100% virtual was going to have a tremendous advantage over brick and mortar stores. |
... |
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