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
09-07-2023 Dollars & Sense, When Do We Begin Making Smart Financial Decisions?
Dollars & Sense, Tick-Tock: Have You Had Your Annual Financial Review?
08-24-2023 Dollars & Sense, Money Matters: Your Questions, Our Advice
Dollars & Sense, Live By Design, Not By Default
08-10-2023 Dollars & Sense, Hope is Not a Strategy
08-03-2023 Dollars & Sense, Strategies for Withdrawing Money in Retirement
07-27-2023 Dollars & Sense, Igniting Impact: The Power of Consistent Messaging
7-20-23 Dollars & Sense, Busting Myths About Taxes in Retirement
Dollars & Sense, Travel Tips for Retirees
07-07-2023 Dollars & Sense, Planning for the Long-Term
6-29-2023 Dollars & Sense, Interview Questions for a Financial Advisor
06-22-2023 Dollars & Sense, Are You Prepared for the Death of a Loved One?
Dollar & Sense, Beyond the Glitter: Decoding the Fascination with Gold
06-08-2023 Dollars & Sense, Slay the Subscription Monster
06-01-2023 Dollars & Sense, Savings Rates in America Have Grown Tremendously
05-25-2023 Dollars & Sense, What Keeps You Up at Night?
5-18-2023 Dollars & Sense, Finding a Financial Advisor That Makes Sense for You
5-11-2023 Dollars & Sense, Is It Worth Keeping Up With the Joneses?
05-04-2023 Dollars & Sense, What’s Up with the Debt Ceiling Babble?
04-27-2023 Dollars & Sense, When is the Right Time to Invest?
Create your
podcast in
minutes
It is Free
LifeBlood
Navigating Life After 40
Teaching Learning Leading K-12
The Jordan B. Peterson Podcast
The Mel Robbins Podcast