Thanks for joining Marc and Marion for the second to last episode of Dollars & Sense in 2023! Christmas shopping is done and we’re ready to enjoy the quality time with our families. Christmas, family, chocolates, and gifts all put smiles on our faces, but that’s not the only thing making us smile right now…
With 2023 coming to an end, we’re ending on a very positive note. The last 7 or so weeks we’ve seen positive performance. Who would have thought that the NASDAQ would end up almost 40% at this point. Since the end of October, the S&P 500 is up about 16% - in less than two months! An interesting statistic shared by Mass Financial Services in Boston was the seven tech stocks (Apple, Microsoft, Google, Amazon, Nvidia, Meta, and Tesla), also referred to as the “Magnificent Seven” hit record highs this past month. What’s interesting is that those stocks are on average up 105% as of December 18, 2023. But, in 2022, the average of these stocks was DOWN 46%. See how quickly things change in a year? This is a prime example as to why we don’t chase the wild volatility and why a diversified portfolio is important.
Tune in to this week’s episode of Dollars & Sense as Marc and Marion discuss the stock market and ending the year on a bright note in a language you can understand.
A full complement of Dollars & Sense broadcasts found here.
DISCLOSURES:
During Dollars & Sense with Freedman Financial, your host, Marc Freedman, may discuss specific financial planning and investment ideas. These discussions are for general information only and are not intended to provide specific advice or recommendations.
Securities and advisory services are offered through LPL Financial, a Member of FINRA and SIPC.
Always consult a Certified Financial Planner professional, qualified attorney, or tax advisor prior to investing to determine what is appropriate for you.
Tracking #: 519513
Dollars & Sense podcast now streaming on:
Spotify
iHeartRadio
Apple Podcasts, previously known as iTunes
Google Podcasts
TuneIn + Alexa
Pandora
PodBean
05-02-2024 Dollars & Sense, A Message to College Grads
04-25-2024 Dollars & Sense, Book Your Flight, Pack Your Bags, and Enjoy Traveling
04-18-2024 Dollars & Sense, I Scream, You Scream, We All Scream from Taxes!
04-11-2024 Dollars & Sense, Surprise!! You Don’t Know What You Don’t Know!
04-04-2024 Dollars & Sense, Wallet Wisdom: Young Adult Finance 101
03-29-2024 Dollars & Sense, What Are Your Expectations in Retirement?
03-21-2024 Dollars & Sense, How Acting as a Fiduciary Benefits You
03-14-2024 Dollars & Sense, Why Traveling is the Best Part of Retirement
03-07-2024 Dollars & Sense: Financial Literacy Insights
02-29-2024 Dollars & Sense, Are You Buying for You or Are You Trying to Impress?
02-22-2024 Dollars & Sense, Tax Planning Season is Here!
02-15-2024 Dollars & Sense, Why Financial Plans Aren’t Likely to go as Planned
02-08-2024 Dollars & Sense, Reducing Retirement Planning Paralysis
01-31-2024 Dollars & Sense, Not Too Hot and Not Too Cold
01-25-2024 Dollars & Sense,Losing Faith in the Value of College
01-18-2024 Dollars & Sense, Is Financial Literacy Diminishing?
01-11-2024 Dollars & Sense, The Beneficiary IRA “Rules”
01-04-2024 Dollars & Sense, Median or Mean? That is the Question!
12-28-23 Dollars& Sense, Are You Ready to Adjust Your Spending in Retirement?
Create your
podcast in
minutes
It is Free
The No-Frills Teacher Podcast
Heal, Survive & Thrive!
Summarize | رادیو سامرایز
The Jordan B. Peterson Podcast
The Mel Robbins Podcast