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  • July 22, 2021

Market Update: July 22, 2021 Good Quality Leadership Today

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:

Tom Vaughan:

Hello, welcome to Thursday. The S&P 500 was up .2% today, and we’re getting really close to an all time high. Again, it’s actually happening on most of the major indexes right now, getting near all time highs, so that’s fantastic. Great leadership today out of some really high quality companies like Apple and Adobe and Amazon. So these big growth companies are doing quite well. They’ve had a few days here and there where it’s kind of settled down, but there’s been a nice trend in these big growth companies happening right now.


I think personally, this is such a strange environment with so many things that are happening; crosscurrents that are going on: “Are we really having reopening or not, and how’s that going to work?” I think people are kind of falling back on sort of the tried and true, big growth companies. And the other piece that’s important to understand about those is that they really haven’t done that well, since the end of September, in comparison to some of the other categories that did really well. So, their earnings have continued to grow. Some of them quite dramatically actually, but their price have kind of stayed fairly stable. And now we’re starting to see some kind of breakouts in those particular areas. So kind of the combination of, quasi-value in those areas, as well as the fact that I think there’s some flight to quality here as a whole. Not that I think people are super nervous about what’s going to happen, it’s just more there isn’t a real strong trend at anything; so we might as well go with companies that have great earnings, have fantastic cash positions, have cash flow that’s just unparalleled, really worldwide to a certain degree in some of these companies.


I think that’s a great thought process, for this. We got a reopening, we don’t have reopening. We have a vaccine, and we have a Delta variant. We have all of that inflation, hyperinflation; “oh, maybe the economy’s not gonna grow fast enough.” We got a tight unemployment market, and then today, the unemployment number that came out was a little soft, so unemployment isn’t as good as thought, so. That’s what’s happening: We’re just getting all of these crosscurrents, and I think some money is actually moving towards these large cap pieces. And we have those in our model, because that’s a trend that I’ve seen. We’ll see how much of that how long that trend actually lasts but, that the areas that I’m seeing motion in, mostly are in kind of that larger growth stock area as a whole.


And I like that area, actually. I love investing in companies that have huge cash positions, and really dominant names in their category: The Microsoft’s and Adobe’s of the world. Everybody kind of knows those names, and it’s harder for other people to break in. I think this is a great market, actually. This is a fantastic arena to be invested in right now. I mentioned yesterday, I think the basics are there. Don’t lose sight of that, and things are moving along nicely.


Look forward to see what’s gonna happen tomorrow. We have our Talk Money with Tom show tomorrow: Friday’s from 12:15pm to 1pm Pacific Time. Please feel free to join me, I’ve already gotten some questions that have come in. Feel free to send in any other questions at any time, and I’ll try to answer those during that show. I look forward to seeing you then. Thank you. I’ll talk to you tomorrow.

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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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