Transcript: Tom Vaughan: I do like to start with my weekly summary of just kind of what I saw happening in the market this week. And of course, we’re just in this incredible timeframe, there’smore crosscurrents going on than I’ve really seen in my entire career, it’s a great time to be looking to learn
Transcript: Tom Vaughan: Everybody, welcome to Wednesday, the S&P 500 was down almost 1%. Today, big catalyst was that the minutes came out from the meeting from the Federal Reserve in March. And they talked about reducing their balance sheet. And you probably recall, during the pandemic that the Federal Reserve was purchasing bonds to
Transcript: Easan Arulanantham: On average, or average hourly pay is up strong 5.6% Over the last 12 months, and what’s its effect on the market? And just the Feds decision process on, you know, raising rates? Tom Vaughan: Yeah, so think about that. Wages are up 5.6%. So, year over year over the last 12
Transcript: Easan Arulanantham: What are your thoughts on direct indexing versus, you know, just using the index funds like a VTI or VTO? Tom Vaughan: yeah, so direct indexing is where you’d make your own index, there’s some companies that you can go to and say, hey, I want to make this index, probably more
Transcript: Easan Arulanantham: What kind of accounts can I regularly put money into for retirement? Tom Vaughan: Go? Okay, well, there’s probably some pieces of that that would be interesting to know, in terms of just the, you know, when you say for retirement, most people think about, I guess what I call traditional retirement
Transcript: Easan Arulanantham: What other services? Does retirement Capital Strategy offer outside of like, just investment advice? Tom Vaughan: Yeah. Well, I think that’s one of the key things here. You know, in the investment advice arena, I try my hardest to, you know, exceed what somebody could do. Just going to Vanguard and buying
Transcript: Easan Arulanantham: What are the three buckets of money? And why is it important to have a little bit of all of them? Tom Vaughan: Yeah, so this has come up a few times, because we’ve talked about it a few times. And so it keeps coming back around is, I think, a really
Transcript: Easan Arulanantham: Both my husband and I work, should we be saving equally into our 401 K’s? Or should we be, you know, putting more maxing out one kind of how do we break down? Where to save our money between the two of us? Tom Vaughan: Yeah, that’s pretty interesting. Because I mean,
Transcript: Easan Arulanantham: You know, are miscible bonds worth having in your portfolio? And we see those quite often that some people like it, some people don’t. Tom Vaughan: Yeah, yeah, it miscible bonds, of course, you know, you get tax free interest, which is fantastic. You can’t use them in your IRA. So this
Transcript: Easan Arulanantham: So this is a question that we get a lot as people get closer and closer to retirement, does my retirement portfolio look any different than the one I have right now, when I’m killing money? Tom Vaughan: Yeah, that does come up a lot, you know, people are heading into retirement,