Transcript: Easan Arulanantham: “Should I be looking to sell my house soon? I’m worried I’ll be penalized if I have a capital gain over $450,000.” Tom Vaughan: Yeah, so I think what that question is alluding to, is that the current reconciliation bill, as it stands, is looking to increase the capital gains rate from
Transcript: Tom Vaughan: Hello everybody, welcome to Tuesday. The S&P 500 was down about a quarter percent today. But if you look closely at the market, it really just kind of went sideways for the whole day. And we’re in a holding pattern right now as we get ready for these earnings reports to come
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: Tom Vaughan: Hello, everybody, welcome to Monday. The S&P 500 was down about .7%, today. It was actually up almost a half a percent, and then came back down, so a little bit of a volatile day. We’re heading into earnings season, so this is when all the companies are going to start to
Transcript: Tom Vaughan: I do always like to start off the show with a summary, for what I saw in the market this week, that I think is important. So obviously, the big story this week, really, at the beginning of the week, especially was about the “debt ceiling.” So, you know, the US government
Transcript: Hello, everybody, welcome to Thursday. The S&P 500 was up almost a little bit over .8% today, so it’s three days in a row that we’ve had good up days. And of course, they reached an agreement on the debt ceiling, finally. It is for a short term, and then we’ll see what happens
Transcript: Hello, everybody, welcome to Wednesday. The S&P 500 was up .4% today. Two days in a row, now we’ve had a good up day. That’s nice. We haven’t seen that for a while. But very interesting, it started off the day down quite a bit: over 1%, in the morning the S&P 500 was
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: Tom Vaughan: Hello, everybody, welcome to Tuesday. The S&P 500 was up 1.05% today, which was great. If you remember back to Friday, we had a really good day on Friday. The market was up quite a bit, and then of course yesterday, the market was down quite a bit. So it’d be nice