The Tom Dupree Show

On Saturday, December 9th Tom Dupree, Mike Johnson and Kristy Maggard hosted the Tom Dupree Show.

Tom opened the show by talking about his new radio commercial that discussed mutual funds. He elaborated that if people had invested in mutual funds this past year, they might not know that they could be subject to capital gains tax, even if they did not sell the fund.

“A lot of people don’t know about this and are getting a surprise at the end of the year,” Mike added. He and Tom explained how taxes will be owed by investors because of the capital gain in some mutual funds.

They discussed how this style of investing is much different than what is done at Dupree Financial Group. At Dupree Financial Group, income is produced by dividends and interest, not only by capital gains. Capital gains are more unreliable.

Tom posed the question, “wouldn’t you rather have your money in an individually managed account where you are owning the actual securities and you establish your own cost basis?” He explained that you don’t want other investors and their actions to affect your portfolio. That is what happens in a mutual found, but not when you hold individual securities. As shares are being sold across the board by other investors, it can affect your personal investment within that mutual fund.

Then during the remainder of the time Tom and Mike gave updates on Kinder Morgan Inc. (KMI) and General Electric (GE). They discussed the investment thesis and the future business prospects of each company.

To listen to the full one hour show, visit www.dupreefinance.staging.wpengine.com.

The content on this site is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility.

On Saturday, November 18th Tom Dupree and Mike Johnson hosted the Tom Dupree Show.

Tom and Mike briefly gave an overview about Dupree Financial Group and what the company does do help clients with planning or living in retirement. They also discussed the parameters regarding IRAs and the tax consequences that accompany them. Tom encouraged listeners to be mindful of their IRA investments and to not forget the required minimum distribution at age 70 ½.

In the second half of the show, Tom and Mike focused their attention on three companies, United Technologies, Synchrony Financial and General Electric. United Technologies (UTX) is an American multinational conglomerate that researches, develops, and manufactures products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building systems, and industrial products, among others. Synchrony Financial is a consumer financial service company that offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending, and FDIC insured savings products through Synchrony Bank, its wholly owned subsidiary. And General Electric (GE) is a company that operates through the following segments: aviation, current, digital, energy connections, global research, healthcare, lighting, oil and gas, power, renewable energy and transportation.

Tom and Mike talked about how at Dupree Financial Group, they are constantly looking for good companies that produce reliable cash flow from business activities that they can understand. “The investment business is a study, an on-going study, in human nature” Tom said. He explained that when doing our research on potential companies to invest in, we look at a variety of things in determining their value and potential growth … not just the financial report. Tom and Mike shared their opinions on United Technologies, Synchrony Financial and General Electric and discussed the pros and cons of each company when considering investing in their stocks.

To listen to the full one hour show, visit www.dupreefinance.staging.wpengine.com.

The content on this site is provided as general information only and should not be taken as investment advice. All site content shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility.