8-20-24 How Shall the Young Secure (Their Finances)

8-20-24 How Shall the Young Secure (Their Finances)

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Investors are waiting for this week's Jackson Hole confab, and will respond accordingly; when will markets take a breather? The DNC begins with economic nonsense. You cannot fix poverty by giving money away. Markets' rally straight up for eight days; pullback is coming: This is no time to chase stocks. Why the correction is over; three elements of economic uncertainty. Lance answers an email about helping youth prepare financially; the financial order of operations. Say no to credit card debt! You don't need it for a good credit score. Truth About Credit Scores: Do You Really Need Credit Cards? Pay your bills on time and have the money talk with your kids. What Lance would do if he was younger: aggressive saving early. Max out your 401K every year for financial growth! Invest in S&P 500 index and watch your savings grow. Start early!

3:36 - Waiting for Jackson Hole - Markets Will Respond
14:32 - Three Elements of Economic Uncertainty
30:22 - How Shall the Young Secure (Their Finances)
44:28 - What I Would Do if I Was Younger

Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor, Jonathan Penn, CFP
Produced by Brent Clanton, Executive Producer
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Watch today's show video here:

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Articles mentioned in this report:
"Market Decline Over As Investors Buy The Dip"
https://realinvestmentadvice.com/market-decline-over-as-investors-buy-the-dip/
"Economic Growth Myth & Why Socialism Is Rising"
https://realinvestmentadvice.com/economic-growth-myth-why-socialism-is-rising/
"Share Repurchases End The Market Correction"
https://realinvestmentadvice.com/newsletter/
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The latest installment of our new feature, Before the Bell, "8-20-24 This is No Time to Chase Stocks" is here:
https://www.youtube.com/watch?v=jpTrQgCZPPY&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1
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Our previous show is here: "Unpacking Kamalanomics and Economic Cycles in America"
https://www.youtube.com/watch?v=mH-elSd8FHQ&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s
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Get more info & commentary:
https://realinvestmentadvice.com/newsletter/
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Contact Us: 1-855-RIA-PLAN
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