Transcript: Easan Arulanantham: “What are some top reasons that you’re concerned or excited for the market now?” Tom Vaughan: Oh, okay. Well, top reasons I’m concerned: The supply of people, the shortage of labor. Even though we have a lot of unemployed people, plenty, they’re not coming out to work, so we basically have a
Transcript: Easan Arulanantham: “Should we still be worried about the “debt ceiling”, because the short term bill only lasts till early December, and we saw what kind of market damage, just the brink of the “debt ceiling” could cause. Should we be preparing again for this?” Tom Vaughan: Yeah, that’s actually a really good question,
Transcript: Easan Arulanantham: What is a charitable or a Qualified Charitable Distributions? Tom Vaughan: Yeah, so this is a great question, actually. And this is a good thing. It’s a timely question, because it’s something that a lot of people do towards the end of the year. So a Qualified Charitable Distributions, otherwise known as
Transcript: Easan Arulanantham: With the new proposed spending bill, there’s been kind of this theme where the Roth conversion is going to be phased out by the end of this year, essentially. Tom Vaughan: Yeah, this came in as a question on an email, and I’ve been asked a couple times on appointments. So in
Transcript: Easan Arulanantham: What would you What would your moves be if the market did deteriorate and got worse? Tom Vaughan: Yeah, that’s good question this came in earlier this week. And basically, you know, how do how do we get more defensive? If the market continues to do poorly, you know, what do we
Transcript: Easan Arulanantham: Right now we’re kind of in a market that’s not knowing which way to go on. So what are your signals to go back into the market? And you know, what are you going to invest in when you do return to the market? Tom Vaughan: Yeah, so that’s a great question.
Transcript: Tom Vaughan: All right, I always like to start off the show with a summary of what’s happening for the week in the stock market, specifically. And this has been a really incredible week, really different. We’ve had this underlying issues that are both positive and negative, that have been going on all year.
Transcript: Easan Arulanantham: On Monday, the building, build back better infrastructure build was supposed to get passed on, based on the house would say the 27th is their deadline? You know, should I be looking to invest in infrastructure to take advantage of this bill? Tom Vaughan: Yeah, I think a couple things, you can’t
Transcript: Tom Vaughan: Hello, everybody, welcome to Wednesday, the S&P 500 was up .16% today, which is a good move after the downturn that we had yesterday. Let me show you something on a chart here that I think is important to understand, let me share my screen. And one of the things that happens
Transcript: Easan Arulanantham: Yeah. And so our next question is a question that came up in one of our reviews this week, …”how do I make my estate last for my children and my grandchildren?” Tom Vaughan: Yeah, so this is kind of interesting. It’s something that hits home. I’ve been doing this for 35