WEALTHSTEADING Podcast investing retirement money stock market & wealth

Episode 227:  I don’t use a stop loss as a risk mitigation strategy because I believe it’s a false sense of security.  I’ve covered this a number of times, but people keep asking, so I’ll review my thoughts on the subject.  As with everything discussed in my podcast series, I just share my opinions and positions…what works or doesn’t work for me.  You need to think and act for yourself.

My biggest objection to using a stop loss is getting caught in a flash crash.  This is what occurred on August 24, 2015:  http://www.investablewealth.com/flash-crash-hazard-of-stop-loss-orders/

Yesterday I bought positions in GS & JPM, which are my two favorite DOW stocks that I think will benefit most from short/near term trends in automation, robotics & artificial intelligence:  http://www.investablewealth.com/bought-the-banksters-gs-jpm/

Forbes reference to my book:  https://www.forbes.com/sites/nextavenue/2017/05/15/why-robots-wont-be-coming-for-all-our-jobs/#711d0aa7287b

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The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 226:  Today I’m launching my new book about how automation and artificial intelligence will affect every aspect of your life- career, investments & even where you live.  More importantly it's written as a “guide” to help you successfully navigate the inevitable robotic future.

The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 225:  Lightning round answers to common listener questions:

* How badly will BREXIT hurt England?

* Is Twitter a buy?

* Should I pay my mortgage off early?

* Is it a scam? [ spoiler…the answer is almost always YES ]

TRADE FYI-  closed the DNO oil short this week, I always blog about changes to my portfolio here:  http://www.investablewealth.com/commentary/

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 224:  This is such an important subject that I’m simile casting it with a video on YouTube:  https://youtu.be/RwP5q1DmEOI

There is such confusion about the value of gold, that I wanted to make the case for why I believe gold is fundamentally overvalued as a long term investment.  This is a topic we’ve covered before and deals with the ratio of gold to the price of oil.  I’m presenting it in a video format to hopefully make it more understandable.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

-------------------------------------------------------------

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 223:  Should you contribute to your 401k plan (or similar employer sponsored retirement account) if the investment choices are limited or restrictive?  Maybe.

Definitely contribute up to the amount your employer matches.  That’s a 100% return on your money!

Also, I discuss the US Government Thrift Savings Plan.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

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Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 222:  Discussion on the recent purchase of Verizon stock which involves anticipating breakouts and ignoring “media noise”.

Comments on William O’Neil’s book How to Make Money in Stocks:  https://www.amazon.com/How-Make-Money-Stocks-Investment/dp/0071614133/ref=sr_1_1?ie=UTF8&qid=1492712049&sr=8-1&keywords=william+o%27neal

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

-------------------------------------------------------------

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 221:  Are brick and mortar retail stores dying or is this a good opportunity to buy the dip?  I see an emerging trend for Beauty and Fashion that is emanating from the Trump women- Melania & Ivanka.

Proceed cautiously into Retail stocks, I still favor and hold a position in Walmart.  As to new trends , the pantsuit is dead, look for opportunities to invest in beauty, style and high fashion.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

-------------------------------------------------------------

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 220:  Are there psychopaths among us?  YES!  A Florida man was recently arrested for plotting to bomb Target Stores so that he could profit from their stock price fluctuation.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

-------------------------------------------------------------

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 219:  Will the Federal Reserve escalate interest rate hikes and reduce their balance sheet to squelch the economy and damage President Trump?

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

-------------------------------------------------------------

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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Episode 218:  It’s always fun to talk about your winning hand, I currently have a dozen that are doing very well, but today I want to focus on the losers:  SBUX, WMT & FXB

All portfolio buys/sells are blogged at: http://www.investablewealth.com/commentary/

My new video series can be viewed at:   https://www.wealthsteading.com/videos/   For updates please SUBSCRIBE free at YOUTUBE.

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10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

-------------------------------------------------------------

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2017 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

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