Jeff and Jake McClure from The Personal Wealth Coach talk about anything and everything about Economics, Investments, Markets, History, and Life in an educational manner. More info at https://www.tpwc.com/
An Overdue Stock Market Correction Arrives.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
We are seeing strong evidence of robust growth in the U.S. economy, but much of the news is about economic weakness. The reason is that bad news attracts more attention than good news, so the news me…
When we hear about the price of oil, we often relate it to the prices in the 1970s, however; once we factor in inflation and changes in the economy, the picture looks very different.
Welcome to anoth…
When the economic and market headlines are predominately negative, there tends to be a larger amount of money in cash positions, not invested in the market, suggesting higher market levels are coming…
So-called “cryptocurrencies” are, almost without exception, not currencies. Rather they are more like collectable, non-government issued coins with a fluctuating market value. They can be traded for …
Long-term investing requires patience and the ability to see apparent losses appear in your portfolio. Presuming you have a well-diversified and well-balanced portfolio; time is on your side. Just as…
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this short episode:
This episode was recorded on Fe…
Securities markets in the United States are regulated under the authority of the Securities Acts of 1933 and 1934, as amended. U.S. regulatory agencies such as the Securities and Exchange Commission,…
One of the prime missions of the Federal Reserve Board is to maintain the value of the dollar; adjusting the money supply to hold a dependable value. Did the Fed create the current surge in inflation…
The U.S. Consumer Price Index is up 7% from one year ago, the highest single-year increase since 1982. However, the current high inflation is unlikely to persist as the prime drivers appear to be com…
Stocks, bonds, and mutual funds that claim to be “ESG” (environmental, social, and governance) have seen a high volume of retail purchases in the past few years. Unfortunately, there is no generally …
The Conference Board Index of Leading Economic Indicators (LEI) remains positive, suggesting the economy will continue to grow over the next several months. In the six decades since its inception, th…
As the Omicron variant surged across the country, the S&P 500 experienced a decline not unlike what we saw in October when the Delta variant was spreading. A near-correction decline in market values …
Big money is being invested in opposing directions in big city real estate. One group is betting on a return to normal office behavior and is renovating and building more office space while the other…
Based on similar periods in economic history, the current surge in inflation may be a temporary phenomenon, lasting a couple of years but not likely to become a wage-price spiral.
Welcome to another …
Unlike the bull market of the late 1990s, there are actually more stocks that declined in 2021 than rose. In the bull market of the 1990s that ended with a severe market plunge in 2000-2002, almost a…
Why the traditional portfolio composed of 60% stocks and 40% bonds is unlikely to be effective into the near future.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this episode:
Market moves are commonly blamed on some event or other apparent cause, however; many market moves are just random noise.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this epis…
Whether it’s a good economy or a bad economy, it is important to have short-term cash reserves on hand, live within your means, be diversified, and invest for the long-term.
Welcome to another episod…
A properly constructed and custodially held self-directed IRA can hold assets like precious metals, cattle, oil, or even houses, but a strict adherence to the rules is required to prevent it from bei…