Episode Details

An important lesson from this episode:

“The timing  of your big investments and withdrawals in the market, even when you think the market is underpriced or overpriced, should only take place based on your long-term strategy” by Jake McClure

As always, Jeff and Jake from The Personal Wealth Coach talk about the market and answer the following questions from listeners.  

• Market updates @5:27
• “The market was up not because Joe Biden was elected. That’s because somebody was elected.” @7:52
• 1st question "What is an index? What is direct indexing?" @13:20
• 2nd question "Is it true that Social Security, Medicare, and the interest on the national debt consume up to 90% of the government revenue?" @31:32
• 3rd question "How and why do existing companies issue additional stock?" @38:56
• 4th question "More and more articles say the market is overpriced, is it time to sell and take some profits?" @42:56

This episode was recorded on January 23rd, 2021. 

If you would like to contact us, please send an email to us at Jeff@tpwc.com or Jake@tpwc.com

You can also send a message to us through the contact form on our website (tpwc.com). 

We are happy to address any of your questions about Economics and Finance.

**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.