Transcript: Easan Arulanantham: You know, what is the complete stock market cycle? And you know, how do you tell what part of the cycle you’re in? Tom Vaughan: Yeah, so a complete stock market cycle is kind of from the bottom, up to the top back to the bottom again. So for example, I think
Transcript: Easan Arulanantham: So was this a question about long term care? You know, what is self insured long term care? And you know, what are the benefits of being self insured over a policy of just a standard long term care policy or a rider on a, like a universal whole life insurance policy?
Transcript: Easan Arulanantham: So what’s the best way to give gift money to my grandchildren, if I was wanting to maybe think about a larger sum of money than usual? Tom Vaughan: Yeah, I mean, you can gift up to 15,000 per person. So if you are married, you could actually give 30,000 to a
Transcript: Easan Arulanantham: Talk about your fruit tree method for kind of pruning these large stock positions. And then with that method, you talked about covered calls and how they generate income. Could you explain that a little bit more? And also, what’s a covered call? Tom Vaughan: Yeah. Okay, that’s a complex question. So
Transcript: Easan Arulanantham: Should I take money out of my Roth to pay for pay to pay off my mortgage or pay off a car note? Tom Vaughan: Yeah, okay. So let’s say you’ve got your mortgage, and you’re just trying to get rid of it, it’s kind of an irritant, and you’ve got this
Transcript: Easan Arulanantham: The Federal Reserve says they’re going to increase rates three times and 2022, should I change my allocation? Or should I keep my same allocation? Maybe change? What’s in my stock piece? Or what’s the bond piece? You know? Do we wait till there’s actual raises before we make the changes? Or
Transcript: Easan Arulanantham: So this question came in from Richard. You know, the 2021 congressional sessions have ended on the 10th. What are your thoughts on tax increases for 2022? You know, when they decrease taxes usually takes time to go into effect. But what about tax increases? Do they do they have that same
Transcript: Easan Arulanantham: You know, why should I keep a portion of bonds in my portfolio when these returns are pretty abysmal? And sometimes even negative? Tom Vaughan: Yeah. Okay, so this is a philosophical differential that I run into constantly with the way that I handle portfolios versus the way that other people tend
Easan Arulanantham: I read a article that said, around a quarter of respondents to a golden Sachs survey said they plan to retire before 55. On what big changes do I need to make if I’m going to retire a handful of years sooner than I originally expected? Tom Vaughan: Okay. Yeah. It, it’s kind
Transcript: Easan Arulanantham: So, you talked about, well, you know, “the market has saw 6.8% inflation, year over year. Why is the market still going up today? You know, I know expectations were seven plus, but I don’t feel like 6.8% versus 7 is that big of a difference?” Tom Vaughan: Yeah, I think there’s