Making Sense of the Stock Market

Are we about to enter a Bear Market? With the Chinese markets, the price of Bonds, rising interest rates and the cost of oil going down, what does all this mean for you and how can you take advantage of it? Joe and Al give you the information you need & suggest critical steps to take toward financial success.

3:09 “That’s why we invest in stocks, because you have that risk to lose but you also have expected returns of gains”

6:39 “You have to identify that there are risks associated with everything that you put your capital into to try and get an expected rate of return”

10:35 “I think it’s appropriate to let people know what’s going on with the market; there’s good and bad—most of the media and things you hear are bad. We’re not here to predict what’s going to happen in the future because we believe it’s very difficult to do that”

13:15 “Stock prices today are based on future expectations of profits”

19:30 “You need to invest towards your particular goals; if you’re retired, you invest based on how much income needs to be produced from the portfolio”

22:59 “Almost every move in the market has a pro and con for somebody; if there’s a winner there’s a loser”

26:33 “How do you go from saving and investing in retirement to actually retiring with confidence?”

28:52 “Your investment strategy should be developed in light of your personal goals; if your strategy is up to date and still reflects your priorities, market movements alone aren’t a good reason to abandon them”

32:37 “The other big strategy that many people should be thinking about right now is Roth conversions”

34:12 “Tax loss harvesting and Roth conversions are two big ones, and the reason you do this is so when you get to retirement you have more control over your taxes”