Also REITs explained. Updates on Trump impeachment odds.

Amazon went public 20 years ago, today the world and the state of retailing is in a very different place. The massive corrections per year for Amazon have been legendary, but have been worth riding through. Wes also discusses the concept of market cap per employee. A caller asks about REITs, (real estate investment trusts), what happens to REITs with the shift in retail spending in America?

The 25th amendment is discussed. Section 4 of the amendment talks about deeming the president "unable to perform the powers and duties of the office". Is this a real possibility? Wes also answers a question about college funding for an 8 and 10-year-old, and a caller asks about accessing his old 401(k) plans.

This week the stock market finally woke up and smelled the drama emanating from Washington DC. Allegations are that President Trump tried to get the former FBI director to drop a probe into former National Security Advisor Michael Flynn. Wes discusses the betting odds for impeachment and the chance of Trump finishing all four years in office.

Wes answers several caller questions: How to deal with a $1.0 million capital gain on the sale of a primary residence after 40 years, online money market accounts, and RMDs for ROTH IRAs. Wes also continues to discuss the retail apocalypse in America.

Wes also begins discussing the tie between the US consumer and the current retail apocalypse in America.  

Also a caller asks about taking multiple required minimum distribution's from his many IRA accounts

A caller asks what he should do with his wife's Roth account at Vanguard. Various ETFs are discussed.

Don't confuse using a passive fund or an index fund or an ETF with simply becoming a "pure passive" investor. In the real world there's too much emotion involved with money for most people to stay put and one index fund. There really is no such thing as pure passive investing, just various shades of active investing.

Caller questions include "should I take a monthly pension or a lump sum from my current company?" and a teacher asks about her retirement plan with the state and a fixed annuity.

What taxes and deductions will be eliminated under Trump's new tax proposal.