Transcript: Marie Marinovich: I’m hearing in the news that we are heading towards a recession. What is a recession? And what does it mean to the stock market? Tom Vaughan: Okay, yeah, this is a really big deal. The on a very technical terms, a recession is two quarters of gross domestic product, negative right
Transcript: Easan Arulanantham: I’m getting married soon. This is my second marriage. And my partner and me both have previous our kids from previous marriage, should we be combining our finances? And what are some pitfalls to avoid? Tom Vaughan: Yeah, we run across this all the time. Lots of times lots of families, second
Transcript: Easan Arulanantham: Sir, next question is not really a question. But a concept that we have to go over a lot in our client meetings is why trying to lose less is important. Tom Vaughan: Yeah, it’s sort of a situation where, you know, as a client, you don’t wanna lose anything. I mean,
Transcript: Easan Arulanantham: How does the Fed control the job market? Since like the fed only has a limited amount of tools? So how do they specifically, like slow demand for jobs? Tom Vaughan: Yeah, I mean, let’s review what those tools are, first of all, and there’s lots of little ones. But the three
Transcript: Easan Arulanantham: Yeah, another common question we have in a lot of our meetings is, how much risk should I be taking on? You know, what, you know, what should my allocation be? You know, how much stock? How much bond? It’s a, you know? And it’s a very, it could be a very
Transcript: Easan Arulanantham: So we have a question. And that’s kind of like a tax question is, what is a qualified charitable distribution, we have this at the end of the year usually. But, you know, since tax season just ended, it’s kind of good to be a little bit more thoughtful with your taxes.
Transcript: Easan Arulanantham: Yeah, and our first question is we get all the time is, I just started retirement, which accounts do I pull my money from? First, you know, we have multiple buckets of money, we have our taxable tax free and tax deferred. Which one? Should I be pulling my money from first?
Transcript: Easan Arulanantham: I’m about to retire, I have a large portion of my assets in a rental property. And then I have a smaller amount. It’s kind of my retirement accounts, you know, what do I do with this rental property? Do I keep it? Do I sell it? You know, what do I
Transcript: Easan Arulanantham: Tom, how do I invest in a high inflationary period? So the consumer price index came out at 8.5, which is the highest since the 80s. You know, everyone’s because of the gas pump and sees those high prices, and we know inflation, we see it every day. Tom Vaughan: Yeah, it’s
Transcript: Easan Arulanantham: So I’m getting close to retirement. I’m interested in thinking about Roth conversion for my 401k. How does it work? Tom Vaughan: Okay, so Roth IRA conversions, one of my favorite subjects, one of the subjects that does come up again, a lot in our strategy sessions with clients, my guess mainly