
Ep.13 - part 1 - Q&A: Many people say a stock market bubble is about to pop, is it time to sell and take some profits?
The Personal Wealth Coach · The Personal Wealth Coach (Jeff and Jake McClure)
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Show Notes
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.
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**The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.