In this episode, we are joined by The Professor aka Kevin Gormley CPA, CERTIFIED FINANCIAL PLANNER®. Where we discuss:

The airline news segment for this podcast is on China’s Eastern Airline flight 5735, where we break down what we know so far.

When rising inflation is coupled with slow economic growth and increased joblessness, that is known as Stagflation. Just recently the billionaire investor Ray Dalio said that we he believes we will have a period of Stagflation. So, is stagflation looming on the horizon? We share our thoughts and look at economic data to try and wrap our heads around this problem that is dominating the news as of late.

Our financial topic today is on buying the recent best performing stock, index fund, or ETF. How does this strategy typically perform, and why do we avoid picking stocks through the rear-view mirror? When we see stocks or funds continue to grow in value, it can feel obvious that it will continue to go up. If you don’t invest in the fund or stock, it feels like you are sitting on the sidelines and missing out on returns. Today, we dive into the performance history of the most famous ETF from the last two years, the ARK Innovation ETF (ARKK). The fund rose to fame during the pandemic for its large investment in Tesla and the fund manager Cathie Wood, who was picking high growth stocks and making huge returns. We give insight into the investment flows into the ETF and how the typical investor performed.

Thank you for listening! If you have any questions, thoughts, or concerns please give us a call at 865-240-2292 or send an email to [email protected].