Transcript: Easan Arulanantham: “So, are you saying, as an investor, you should be more reactionary versus predictive?” And so, you know, I shouldn’t be trying to speculate, in a sense to predict the next great downturn, I should just be sitting where I am. Tom Vaughan: Yeah, actually, I think if you were to classify
Transcript: Easan Arulanantham: Um, so another kind of a little bit of cool news, “On Friday, the infrastructure bill passed. Are there any kind of ETFs that look interesting because of the infrastructure bill?” Tom Vaughan: Yeah. So the infrastructure bill, I think it’s actually going to be signed on Monday. So, it’s still going…
Transcript: Easan Arulanantham: “When do we start considering the high inflation not transitory, and ‘just the new normal?’” Tom Vaughan: Yeah. So I think inflation is an interesting piece, right? Because it impacts us on two sides. One as a consumer, and so we really want inflation to be very, very temporary as a consumer
Transcript: Easan Arulanantham: “Do people ever get fearful of having such a large position in, say this one stock, because it generates wealth?” A lot of people become millionaires, because they had this one kind of homerun. But if that homerun disappears, it kind of massively affect their financial plan. Tom Vaughan: Yeah, that’s right.
Transcript: Easan Arulanantham: “What should I have on my annual financial checklist?” Tom Vaughan: Okay, so “end of the year financial checklist?” Yeah, that’s a good question. Actually, there are some things you know, a matter of fact, we get pretty busy at the end of the year, because there’s a whole bunch of things
Transcript: Easan Arulanantham: When you review, like someone’s overall portfolio, what do you look for? And what are some red flags that you can see or notice? Tom Vaughan: Well, one of the interesting things, of course, in our valley here that we see all the time is high concentration, specifically in a single stock,
Transcript: Tom Vaughan: I’d like to start off the show with a summary of kind of what I saw happening in the stock market this week. I found this week to be very interesting. There’s a couple of things going on that that seemed to really be, you know, coming very clear as to why
Transcript: Easan Arulanantham: “When should I take out a home equity line of credit? Is it worth having, just to have access to a source of money?” Tom Vaughan: Yeah, this is a really interesting thing. I think a lot of people don’t realize how hard it is to get even a refinance on a
Transcript: Easan Arulanantham: “When converting a traditional IRA to a Roth IRA, why don’t I use some of the funds in my traditional IRA to pay the taxes that will incur when during that conversion?” Tom Vaughan: Yeah, okay. That’s a really good question and… one of the difficulties of doing a conversion is that
Transcript: Easan Arulanantham: So, there’s a lot of factors that we hear about in the stock market. Inflation, labor market, supply chain, interest rates. You’ve talked about each of these subjects on an individual basis. But how do you read all these inputs, and consider … in your calculation, for picking what to invest in