A weekly conversation highlighting 3 headlines from the previous week that are interesting and directly impact the economy as well as potentially your own investment portfolios. Cameron will also cover and discuss a wide range of financial planning topics and experiences.
On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [10:29] And this week's financial planning topic is Why Investing is Difficult, a review of the mechanics and behaviors that can lead to successful investing. [0:40] The first headline, “Supermarkets Play Supply Chain Whack-A-Mole”, is an article that explores how supermarkets across the country are dealing with supply chain issues on food items that seems to change week to week. [4:48] The second headline, “Mesa Air Moves into Drone Delivery”, discusses how regional airline Mesa Air is experimenting with autonomous drone food delivery, joining heavyweights like Amazon and Google. [7:53] Our final headline, “Jobless Claims Fall to Pandemic Low”, is a deep dive into how the jobless claims have hit a pandemic low signaling that the economic recovery is on solid footing. Hope you enjoy it!
On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [9:28] And this week's financial planning topic is how to fund your perfect retirement. [0:40] The first headline, “Captain Kirk Goes to Space”, is an article that explores how famed actor William Shatner, who played Captain Kirk on the original Star Trek series, went to space on a Blue Origin flight becoming the oldest person to ever go to space at age 90. [3:19] The second headline, “Toyota & Stellantis to Build EV Battery Factories in US”, discusses how both Toyota and Jeep parent Stellantis independently announced that they intend to build factories to build batteries for their future EV models in the US. [6:03] Our final headline, “Social Security Benefits to Increase”, is a deep dive into how the Social Security Administration announced their largest single-year cost of living increase for 2022 at 5.9% in four decades. The increase is in response to the rising cost of almost everything due to the pandemic stimulus money as well as supply chain issues and bottlenecks. Hope you enjoy it!
On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [16:01] And this week's financial planning topic is the three phases of retirement, what to expect and how to plan for future expenses. [0:44] The first headline, “Builders Hunt for Alternatives”, is an article that explores how construction companies are getting creative with alternatives to supplies that are in short order like plywood, floor joists, and commercial insulation instead of delaying their builds and waiting on supply chain issues to be ironed out. [3:46] The second headline, “Soaring Energy Prices”, discusses how increasing energy prices are affecting consumers globally, and what to expect here in the U.S. as we get closer to the cold weather season. [8:20] Our final headline, “Autonomous Trains”, is a deep dive into how autonomous trains could be a part of the answer to help iron out our supply chain bottlenecks by increasing our freight capacity in the U.S. by almost 50%. Hope you enjoy it!
On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [9:13] And this week's financial planning topic is taxes in retirement, how to know what you'll owe. Plus, the tax liability of the 4 different sources of income in retirement. [0:42] The first headline, “Workplace Automation”, is an article that explores how employers worldwide implemented more workplace automation in the response to the pandemic and what impact that will have on the companies and their workforce. [3:21] The second headline, “First Americans”, discusses how scientists found fossilized footprints from children and adolescents that are approximately 21,000 to 23,000 years old, providing definitive proof that humans were in North America before the last ice age. [5:57] Our final headline, “The U.S. Debt Ceiling”, is a deep dive into what the debt ceiling is and why it's so important as we enter into the final weeks before congress needs to pass legislation to avoid the U.S. government from defaulting on its loan obligations like veteran's benefits or Social Security payments. Hope you enjoy it!
On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [11:10] And this week's financial planning topic is “Be Prepared”, how having a financial plan in place today can help make sure you are able to live your dream retirement. [0:43] The first headline, “US Economy Shows Resilience”, is an article that explores how the US economic recovery has shown resilience in the face of the Delta variant of COVID-19 and continues to forge ahead. [4:14] The second headline, “Retailers Battle for Inventory”, discusses how retailers are preparing for the holiday shopping season by stocking up on as much inventory as they can and betting on customers with cash to spend this winter. [7:48] Our final headline, “Christmas Tree Shortage”, is a deep dive into the foreseen shortage of artificial Christmas trees this year due to supply chain bottlenecks and inventory shortages. It also highlights the significant increase in prices of the trees that are in the stores this fall, the average price increase was 20%. Hope you enjoy it!
On this week's episode of Minds Over Money, I go over 3 headlines from last week that directly impact the economy as well as potentially impacting your own investment portfolio. [11:39] And this week's financial planning topic is the top six mistakes investors make and how to avoid them to achieve your financial goals. [0:42] The first headline, “SpaceX Goes for Another Milestone”, is an article that explores SpaceX's planned launch to send 4 civilians on a mission to orbit the earth for three days aboard its Dragon Crew capsule. [4:44] The second headline, “Big Investment into Batteries”, discusses how multiple large investment firms have recently poured cash investments into long-duration battery companies, which would be used to update and enhance the power grid. [7:57] Our final headline, “Green Steel Becomes a Hot Commodity”, is a deep dive into how the auto industry is investing into “green steel” manufacturers to reduce carbon emissions among stricter regulations from governments trying to achieve carbon neutrality. Hope you enjoy it!
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