We want to remind you that your accounts will transition from TD Ameritrade to Schwab on Tuesday, September 5th. We are less than two weeks away from the transition date and by now you should’ve received communications from Schwab with information about the September 5th transition and a welcome packet with your new account numbers.
Transcript: Tom Vaughan: So you’ve we’ve talked about the stock portion of the portfolio. What are you doing for the bond side of the portfolio? Yeah, that’s a good question. I apologize for not talking more about the bond side of the portfolio, because it is a big piece. We have clients that have as
Transcript: Easan Arulanantham: Do you believe we’ve seen the bottom in June or this is just another bear market rally waiting for another downturn? Tom Vaughan: Ah, let me get my crystal ball in a polish it up here really good. I think one of the biggest fallacies that happens in investing, which is just
Transcript: Easan Arulanantham: The first question is kind of a common problem that a lot of our clients are having is, what do I do with a highly appreciated investment that isn’t performing very well in this market, you know, the markets down, but it’s performing worse than the market? Tom Vaughan: Yeah. So we’ve
Transcript: Easan Arulanantham: Will Required Minimum Distributions be counted as income when determining if the Roth income limits have been reached. So can I still contribute to my Roth even with some earned income, even though I have an RMD. Tom Vaughan: So a Roth IRA is an IRA that grows tax free, you can
Transcript: Easan Arulanantham: What are some industries that have some relative strength compared to the broad market? Tom Vaughan: So basically relative strength in terms of what’s happening in this down market, right? As far as that goes. So we saw a couple in the previous question where, you know, certainly energy has had relative
Transcript: Tom Vaughan: Hello, everybody, welcome to Tuesday, the S&P 500 was down 1.1%. Today, just kind of continuing the fall that started last Friday. From a technical standpoint, you know, we had some really important things happen over the last few weeks, we got really close to breaking through the 200 day moving average
Transcript: Tom Vaughan: Hello, everybody, welcome to Monday, the S&P 500 was down about point 7%. Today really just kind of a continuation from what happened last week, especially on Friday. So obviously on Friday had a Jackson Hole meeting for the Federal Reserve’s and then we had this speech eight minutes long, where Chairman
Transcript: Tom Vaughan: So I’d like to start off the show with kind of a summary of what I saw happening in the market for the week. And of course, this is another interesting week, as usual, we are actually down for the week right now we’ve had four up weeks in a row. And