As we kick off a new year on the podcast, let’s take a big picture look at 2021 and find out what Joel feels are the biggest challenges to the economy and what he’s most excited about for this year. We’ll also run through a handful of investment ideas to determine whether they might be a good idea or a bad idea.

 

Read more and get additional financial resources here: https://johnsonbrunetti.com/podcast-episode-182-what-were-optimistic-pessimistic-about-for-2021/ 

 

What we discuss on this show: 

0:47 – Remember why we do this show

2:05 – What we’re pessimistic about going into 2021

3:54 – What we’re optimistic about in 2021

6:40 – 41 years ago the first government bailout occurred

9:16 – Joel tells a story about a man that turned around companies

11:52 – Start the year with a Money Map review

14:34 – Financial stocking stuffers: Apple stock

15:17 – Financial stocking stuffers: high-yield bonds

15:46 – Financial stocking stuffers: Tesla stock

17:07 – Financial stocking stuffers: Whole life insurance policy

18:09 – Financial stocking stuffers: S&P 500 Index ETF

19:43 – Financial stocking stuffers: Indexed Annuity

21:00 – Mailbag Question: I was laid off from my corporate job and I’m not that excited to find something else in the corporate world at the age of 53. I’m interested in real estate so I’m considering getting my license and becoming a realtor. This would probably require me to take some early withdrawals from my IRA. Is this a dumb idea?