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Retirement Capital Strategies
  • Getting Started
  • Testimonials
  • Learn More
    • About Us
    • FAQ
    • Managing Your Wealth
    • Helping You Retire
    • Maximizing Social Security
  • Talk Money with Tom
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  • July 21, 2021

Market Update: July 21, 2021 Another Great Day for the Stock Market

Disclaimer - Read More

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

By participating in any of these live streams, you agree that any questions submitted by you might be used by us in the future on this YouTube channel. We will not share your personal information.

If you have questions, please write to us at: asktom@talkmoneywithtom.com.

  • MoneyGuidePro®
  • Advent Software/Black Diamond Reporting
  • Riskalyze, Inc.
  • thinkpipes®
  • Right Capital
  • YCharts, Inc.

Transcript:

Tom Vaughan:

Hello, everybody, welcome to Wednesday. The S&P 500 was up about .8%, today. All of the indexes were up. The Russell 2000 Small Cap Index was up 1.8%, today. Really good day actually. We’ve now made back all the money that we lost on Monday, and we’re starting to head back; I think towards another all time high. As I mentioned on Monday, sometimes you need to see that downturn: We didn’t have one for a while, and we ended up kind of really stretching, hitting all time highs over and over. And eventually, you know, we’re going to get some kind of downturn. The downturns have been less this year than what I’m used to: 3% to 5% downturns. Usually, when these types of things happen, you’re looking at 5% to 10%. That just shows you the power of what’s happening here.


Go back to the 23rd of March last year when the market hit its low point, during this pandemic. And from then until now, we’ve had an unbelievable market: One of the best ever. And yet, there’s still negative news articles coming out, day after day about how we’re going to have some kind of market crash all the way through, and it’s incredible. It kind of mystifies me, because when you look at the basics, lots of money on the sidelines, and nowhere else to go with that money. And every time the market falls, people keep coming in and buying the dip. And there’s still like four and a half trillion dollars sitting in money markets and savings right now. And it’s a big jump up over what usually is. So there’s a lot of money on the sidelines. And some of that might not come in the stock market, but it might go into the economy. And even sitting in the banking system that’s money is flooding into treasuries and all kinds of different places.


So I think there’s all kinds of reasons for this market to do well. I’m not surprised to see that we’re back after the Monday downturn. I’m a little surprised to how fast that happened, but heck, I’ll take it. And so, again, the basics are there, keep that in mind. Those basics will change at some point; we’ll talk about those when they change. They have not changed since March 23. Interest rates are still the same. The stimulus from the government is still coming in.


Things have not changed since March 23rd, and until they do, until rates start coming up, until stimulus programs stopped coming in, until we start to see a depletion of some of the capital assets that are available to come into the stock market, you should have some decent markets. Now, you’re still gonna have volatility; that’s the way it works. It is not a straight line. You can see all these little squiggly lines behind me here. I mean, really, the markets kind of go up and down, right?


But the overall trend, at least at the moment is definitely up, and I think it kind of continues to go up just because of what’s happening here, structurally, within the kind of the financial arena for what’s happening. Earnings are fantastic. There’s lots of cross currents that are happening that are causing all kinds of issues. But overall, if you look at the very basics, at the core issues, things are bad. So look forward to talking to you tomorrow, and I hope I hope we get a chance to see what’s gonna happen then. Thank you.

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Disclaimer - Read More

Tom Vaughan is a Certified Portfolio Manager and CEO of Retirement Capital Strategies. Retirement Capital Strategies is a registered investment advisor located in San Jose, California.

The opinions voiced in these presentations are for general information only and are not intended to provide specific advice or recommendations for any individual(s). The information provided herein is obtained from sources believed to be reliable, but no reservation or warranty is made as to its accuracy or completeness. Statements and opinions are subject to change without notice. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. Accordingly, you should not rely solely on the information contained in these materials in making any investment decision as the material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned in this presentation. Before acting on information discussed in this presentation, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment advisor. Prospectuses, investment objectives, risks, charges and expenses of any investment product should be reviewed carefully before investing. This platform is solely for informational purposes. Advisory services are only offered to clients or prospective clients where Retirement Capital Strategies and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Tom Vaughan or Retirement Capital Strategies unless a client service agreement is in place. “Likes” are not intended to be endorsements of our firm, our advisors or our services. Please be aware that while we monitor comments and “likes” left on this page, we do not endorse or necessarily share the same opinions expressed by site users. While we appreciate your comments and feedback please be aware that any form of testimony from current or past clients about their experience with our firm is strictly forbidden under current securities laws. Please honor our request to limit your posts to industry-related educational information, comments and questions. Third-party rankings and recognitions are no guarantee of future investment success and do not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor by any client nor are they representative of any one client’s evaluation. Investment positions mentioned in these videos may be held in some of our existing portfolios. Tom Vaughan and Retirement Capital Strategies are unaffiliated and separate from those companies whose investment positions are mentioned and is not liable for their products or services.

By participating in any of these live streams, you agree that any questions submitted by you might be used by us in the future on this YouTube channel. We will not share your personal information.

If you have questions, please write to us at: asktom@talkmoneywithtom.com.

  • MoneyGuidePro®
  • Advent Software/Black Diamond Reporting
  • Riskalyze, Inc.
  • thinkpipes®
  • Right Capital
  • YCharts, Inc.

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