What's up! It's episode 83 of Payne Points of Wealth and volatility is insane right now. We're teetering on a bear market, crypto markets have melted down. Meanwhile, all of those disruptive technology stocks are down 70-80%, and you've got more recession talk with every passing week as pessimism rules the day. What's really going on in the economy and in the stock market? We're gonna give you our view on how to play it. We've got the plan you just have to listen to it. On the Tipping Point today, we're going to talk about all those burning questions you have right now. Questions that we get from our clients that are also applicable to you so that you can get the best plan for financial independence.
You will want to hear this episode if you are interested in...The whole problem with these volatile markets is it feels so rational. It sounds rational to sit in something that doesn't go down until the volatility is over and then you can just kind of work your way back in. That sounds so rational but you know what? It's irrational. It means you have to make two perfect timing decisions. Just think about it guys, a week ago we had a market that was up 900 one day and down 1000 the next. Are you going to tell me that somebody is smart enough to time that perfectly? I don't think so.
This week on the tipping point: Conference call Q&AWe did our conference call for clients recently (we will drop the link down below so you can check it out if you'd like) and we had a lot of questions come in. We have over a thousand clients and a lot of them had the same concerns so in this episode we will discuss some of the bigger concerns that they had that most of you probably have too.
Here are some of the questions we got. The first question that came in was why are stocks and bonds both down right now at the same time in this crazy market? Should we maintain a 60% stock, 40% fixed income/bond ratio, or move to a 70/30 ratio or something else?
The next question that came in was assuming a global recession is inevitable does it make sense for a retiree to sell stocks in advance of the train hitting the wall, in other words, is this a correction or the beginning of a big bear market?
Another good question that came in on our conference call was as the midterm elections approach, what influence will the change of the majority party in the House and Senate have on the stock market?
Another question was at 64 years old and retiring in another year, what percentage of my portfolio should be in a very conservative vehicle?
If you’re curious about our take on any of these questions check out the episode!
This week’s hidden facts of financeCheck out the conference call we talked about here.
See if you qualify for a complimentary financial review from the Paynes
Connect With Ryan, Bob, and Chris
Subscribe to Payne Points of Wealth
On Apple Podcasts, On Google Podcasts, On Spotify
Beware of the Shiny Brochure, Ep #40
From Common Questions to The Right Questions?, Ep #39
The Last 10 Years Aren’t Going To Look Like The Next 10 Years, Ep #38
Simplicity Over Complexity, Ep #37
Inflation, Bonds, & Bitcoin with Kenny Polcari, Ep #36
Calling All Financial Procrastinators! This Show is for YOU!, Ep #35
Financial Products Don’t Sell Themselves And Those Who Sell Them Don’t Do It For Free, Ep #34
Some Like It HOT...We Prefer Profitable!, Ep #33
Learning a Payneful lesson, there are no new eras in investing, Ep #32
Are You Positioned For Last Year or is Your Portfolio Thinking Ahead?, Ep #31
Questions To Ask Yourself When It Comes To Risk In Your Portfolio, Ep #30
The Urgency Of Financial Planning, Ep #29
Do You Have A Fiduciary Acting In Your Best Interest?, Ep #28
The Most Important Age to Focus on Your Financial Plan is...RIGHT NOW!, Ep #27
Ironic Things When It Comes To Investing, Ep 26
Positioning Today For Tomorrow & Preparing For The Red Zone, Ep #25
It’s Easy To Go Up, When You’re Already Down, Ep #24
Mounds of Money and Mounds of Speculation, Ep #23
A year into a pandemic and how it’s impacting your future?, Ep #22
When You Hit A Portfolio Home Run Are You Smart Or Are You Lucky?, Ep 21
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast