Cryptocurrency in the Market Transcript: Katie Nealis: Have you looked at Coinbase global ticker symbol coin? What are your thoughts? Tom Vaughan: Okay, so Coinbase went public not too long ago, and they’re basically an exchange for cryptocurrencies. And they had a phenomenal IPO that came out of the gate really, really hard. They did
Katie Nealis: So the first question we have is, we are 65 years old, and we are getting ready to retire. And our first question is, can we retire? Tom Vaughan: Alright, let me share my screen. This is a great question to ask, right? I mean, they’re not quite retired, but the right at
Dividends Only Offer So Much Protection Against Inflation Transcript: Katie Nealis: Would investing in dividend ETFs be a good hedge against inflation? Tom Vaughan: Investing in dividend ETFs means that you’re investing in stock market and the stock market is an awesome inflation hedge historically, what I just talked about, like during these hyper inflationary
Make Up for Lost Time by Saving Now Transcript: Katie Nealis: I am in my early 50s. And I feel that I’m falling behind with my savings for retirement, what are some corrective steps that I can take? Easan Arulanantham: So I would say, if you don’t have a financial plan, start with a financial
Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday. The S&P 500 was down about a half percent today. Most of the indexes were down today. One of the things to keep in mind about a week like this, we have some of the biggest companies really in the world reporting earnings. We had Apple and
Tom Talks about Money Needed to Retire Transcript: Katie Nealis: What percentage of my final work earnings? Well, I need an overtime income. Tom Vaughan: What percentage of my final work income? And so yeah, so let’s say you’re making $100,000. And you’re going to retire how much you’re going to need in retirement. There’s
Tom’s Thoughts on Maximizing Social Security Transcript: Katie Nealis: I’m 67, I’m retired, a lot of my friends are taking their social security at 67. Instead of waiting until 70, what do you think I should do? Tom Vaughan: Yeah, that’s really interesting. So this is a question that came in a while ago. And
Transcript: Katie Nealis: Are we in another tech bubble? Just like the previous tech bubble? Tom Vaughan: Yeah, Vanessa quite a few times, especially last year when things are really happen. I said no last year, and actually I was right. Because if we were in a tech bubble last year, you know, it basically
Tom Knows: Efficient Tax Structures are Important Transcript: Katie Nealis: What is a controllable income versus an uncontrollable income? Tom Vaughan: Oh, wow. Okay, that’s actually a really important component, especially in tax planning area. So a controllable income versus an uncontrollable income, and you need to be able to identify those to be able
Time Affects Risk Transcript: Katie Nealis: How does time horizon of my goals affect the risk I should take? Easan Arulanantham: So time horizon is kind of like that period you have between now and your goal. And so if you have a short time horizon, and you can’t easily replace that money you make,