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/
The states that cut unemployment payments haven’t seen a greater increase in employment than the states that didn't cut them. The best increase in employment has been seen in the states which didn’t …
While the growth rate in China has been faster, China’s GDP is not as much as that of the US. They have a tremendous hill to climb to get caught up to where we are. And demographically, they are shri…
As Will Rogers once said, “Nowadays, people are far more concerned about the return of their money than the return on their money.” And that seems what is happening right now in the global economy.
…
Many of our terminologies have to change because we are in a massive transition. People talked about the Information age after the industrial age. Right now, we are moving into a new era that hasn't …
We have a high inflation rate and expect to see more of that as supply issues are still there over the next year. But it's an inflation in the sense that our supplies are having trouble to arrive on …
Our reaction to Covid-19 is the single largest impact item in the economy we can deal with today. GDP, oil price, companies' earnings, inflation, it doesn't matter. There is absolutely nothing that c…
The word Fair goes back about 800 years. The Market WAS the Faire. Fair Came to Mean What It Does Because the Market was Regulated.
Welcome to another episode with Jeff and Jake McClure from TPWC!
…
Historically, undeveloped land tends to an average appreciation that is equal to inflation and taxes over long periods of time. Long-term, raw land tends to appreciate just to keep up with its value …
Regulating properly is necessary. Over-regulating messes up capitalism just as badly as under-regulating.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
At this point, a 10% drop in the market would not be a surprise. Negative returns are part of the market, even though people have already forgotten about the historic drop in the market just a year a…
Unvaccinated people have a very high probability of being affected by Covid-19 for a longer time. If you get sick, you would stay sick for a long time; your unavailability slows down the Economy.
We…
America is facing a choice between potential economic stagnation, as we have seen in Japan and may see in China, and allowing increased, legal immigration.
Welcome to another episode with Jeff and Ja…
"Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria."
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode:
Value stocks have tended to do well when the market perceives a normal recovery and expansion. Large, tech stocks appear to be thriving on the abnormalities of the pandemic economic disruption.
Welco…
Before investing in anything, make sure you have a disciplined approach to investing in ownership and in your own potential.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this …
When a record high for the market is a round number, it becomes “important” in headlines. There is no significance other than in our heads about that, but the significance in our heads influences pri…
There is no quick way to get rich. Investing consistently every month for many years is critically important.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In this week's episode…
You really need to pay attention to your beneficiary designations on your IRAs, your Annunites, your life insurances. They are not what you think they are.
Welcome to another episode with Jeff and J…
We don’t look in-depth at the market day to day basis, it’s too much information, and it’s not relevant. One of the metrics we check more than monthly is the overall price-to-earnings ratio for the e…
The market dropped by about 1% this week based on the fears of the Federal Reserve moving too soon, not the fears of inflation.
Welcome to another episode with Jeff and Jake McClure from TPWC!
In thi…