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Retirement Capital Strategies
  • Getting Started
  • Testimonials
  • Learn More
    • About Us
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    • Managing Your Wealth
    • Helping You Retire
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  • Talk Money with Tom
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  • September 22, 2020

Shelter-in-Place Market Update 9.22.2020. Hang in there, I think we will be ok.

Disclaimer - Read More

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

By participating in any of these live streams, you agree that any questions submitted by you might be used by us in the future on this YouTube channel. We will not share your personal information.

If you have questions, please write to us at: asktom@talkmoneywithtom.com.

  • MoneyGuidePro®
  • Advent Software/Black Diamond Reporting
  • Riskalyze, Inc.
  • thinkpipes®
  • Right Capital
  • YCharts, Inc.

Transcript

Hello, everybody, welcome to Tuesday, the S&P 500 was up 1.05% today, which was great technology and our targeted indexes, in many cases led the way and did even better, which is good for us. And I think, again, I want to re-emphasize the fact that there really isn’t any place else to go, we’ve seen technology and advanced health care outperform the overall market pretty steadily since the recovery back in March, we have had a poor month in September. But really, there’s nowhere to go with the money, we’re not seeing it move into these reopening stocks. And we’re and we’re really, you know, locked in to where you can put the money.

If you go to the bank, they don’t pay anything, if you buy bonds, that’s not paying much. And you know, you want to buy some of these other stocks that are beat down the airlines and all those things, they’re still struggling. And with no stimulus package, they’re going to continue to struggle, actually, until there’s a vaccine or a cure. And so that really doesn’t leave a lot of places to go homes are doing well. You know, and so that’s an area that money is definitely going to be going to, and then you know, technology and advanced healthcare to the segments that are doing very, very well, a couple other segments doing decently also. But it’s really kind of narrow, it’s just the way it is. And so even when that sells off, what I’m watching for is rotation. Are they moving over to these other stocks? And the answer is no, not that I can see.

And so I do think it has to come back at some point in time. And we’re seeing that, you know, we saw some last week we’re seeing some this week, slowly, but surely people are coming in, you know, Apple might drop a punch, but then people start to buy it again. And I think that’s really powerful. Just one comment, I had a client talk to me about, you know, why do we put up with all this madness in the market? Why don’t they just put it someplace, and you know, and try to get by? Well, if you go back to say 2000, the beginning of 2000. And let’s say you needed $50,000 a year to live off of according to smart assets, their inflation calculator, you need about 76,000 to buy those same things today. That’s a big difference. And that’s, you know, not that long ago, 20 years, if I take that same $50,000, and I put it into the S&Panguard S&P 500 Mutual Fund on January 2000, that’s now worth about $163,000. That’s a big difference.

And so, and this is a terrible timeframe to best January 2000, was right before the big.com crash, then we’ve just barely got back to and then we had the 2008 crash and then we had this huge run up and then we had a pandemic. And even then the S&P 500 turned $50,000 to $163,000. So I do think it’s important to focus on some of the long term, because you’re going to need that here in the short term to get through this kind of volatility that we’re going to have because of the stimulus package in the presidential election period. So hang in there, I think we’ll be okay. I will look forward to seeing what’s going to happen tomorrow and I’ll talk to you then. Thank you very much.

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Disclaimer - Read More

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

By participating in any of these live streams, you agree that any questions submitted by you might be used by us in the future on this YouTube channel. We will not share your personal information.

If you have questions, please write to us at: asktom@talkmoneywithtom.com.

  • MoneyGuidePro®
  • Advent Software/Black Diamond Reporting
  • Riskalyze, Inc.
  • thinkpipes®
  • Right Capital
  • YCharts, Inc.

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