Transcript: Easan Arulantham: So what is time horizon? And how does it change my outlook? Tom Vaughan: What is time horizon? And how does it change? Okay? So I’m assuming that means with investing, right? So if I look at investing, this is really fascinating. Because this comes up all the time, you kind of
Transcript: Tom Vaughan: Okay, of course, I like to start off every show with a summary of kind of what I saw happening in the market this week. And if you take a look at this chart, you can see that this particular week that we have here, right at the end, is all green,
Transcript: Marie Marinovich: What’s the advantage of tax loss harvesting? Tom Vaughan: Oh, tax loss harvesting, it’s actually really important. What we do here generally speaking on and this, this would be in an account, where when you make a transaction, it ends up on your tax return, right? So an IRA, that doesn’t happen,
Transcript: Easan Arulanantham: Do you think the Federal Reserve is trying to slow down the stock market? And if they do that, like what would happen? Tom Vaughan: Yeah, there’s been several articles on this and different speakers at conferences talking about the fact that they feel like the Federal Reserve is sort of purposely
Transcript: Easan Arulanantham: So another question is kind of related to this downturn is my 401k is down substantially? You know, should I be doing anything to manage it or do to fix it? Tom Vaughan: Yeah, I’ve actually seen several articles about this, where the 401k A’s are obviously down, you know, the markets
Transcript: Marie Marinovich: How do I protect myself from investment scams? Tom Vaughan: That’s a good question that’s come up a couple times, actually. And it’s, it’s, uh, tell you a lot of the things that are happening happen to the senior community. And, you know, we, our average client is older. So you know,
Transcript: Easan Arulanantham: Why does this current downturn feel so much worse than the pandemic downturn? Tom Vaughan: Yeah, it’s a difference in pain, right? I mean, the pandemic downturn was more like that sharp, short pain, right? That you get, I mean, happens all the time you do different things hurts a lot, but
Transcript: Tom Vaughan: Hello, everybody, welcome to Thursday, another green shirt day this week, really fascinating. The S&P 500 was up 2%. Today, really strong, lots of green on the charts. A lot of things moved up very strongly today, a couple of key catalysts that I think are important number one, is Nvidia reported
Transcript: Easan Arulanantham: Am I required to take Required Minimum Distribution if I’m still working? Tom Vaughan: Alright. So, up until I think it was 2017? The answer was definitively yes, no matter what. And so, back at that time, the minimum required distribution age was 70 and a half. And just to redefine this
Transcript: Easan Arulanantham: So this is a question about being concerned about the market: I have a trip booked, you know, my hotel and flight have already been paid for. I have the money budgeted for food and kind of all that entertainment expenses in my bank account. What are your thoughts about canceling this