WEALTHSTEADING Podcast investing retirement money stock market & wealth

Episode 234:  There’s lots of talk about gloom and doom; I suggest you ignore the pundits and instead study the data. In this episode I discuss the unemployment rate as a leading indicator of a pending recession.  The companion YouTube video can be found at:   https://youtu.be/4nlI25lTgOA -------------------------------------------------------------- The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores. -------------------------------------------------------------- 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. --------------------------------------------------------------

Episode 233:  Today I did something that I rarely do.  I added to an existing stock position.  Disney has been out-of-favor lately, but I think it’s still a good buy with near term upside potential of 15-20%. Video appearance on Nerd Stalker:   http://www.nerdstalker.com/2017/06/the-robots-are-coming-for-your-jobs.html Podcast appearance on TSP:  http://www.thesurvivalpodcast.com/pugliano-robots -------------------------------------------------------------- The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores. -------------------------------------------------------------- 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. --------------------------------------------------------------

Episode 232:  My mantra on building wealth is EARN+SAVE+INVEST, in that order.  The next most important skill is learning to ignore the news.  (See Wealth Building Principle #8: Decrypt Propaganda  ) Whenever the talking heads are sounding off, pretend it’s an alarm clock, hit the snooze button and rollover.  In most cases, they’re not informing you, they’re pitching an agenda. An old Wall Street adage is, “Buy the rumor, sell the news.”  That’s what we’ll discuss in today’s episode. -------------------------------------------------------------- The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores. -------------------------------------------------------------- 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. --------------------------------------------------------------

Episode 231:  Currently my favorite robotic stock isn’t a high tech company like ABB, it’s Starbucks.  I believe that over the short to near term, Starbucks will start implementing off-the-shelf robotic baristas that will drastically reduce headcount.  This will not only improve profits but also improve customer service. As I discuss in my book, some of the best investments in automation won’t be the innovators of robotics, but rather the companies that implement robots. -------------------------------------------------------------- The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores. -------------------------------------------------------------- 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. --------------------------------------------------------------

Episode 230:  Thoughts on investing versus speculative trades.  Specifically discussing how in the next decade Bitcoin could be worth zero or a million dollars. I relate blockchain technology to the invention of the wheel.  Revolutionary to be sure, so much so that no one knows for certain what will morph out of it.  Thus the future is extremely murky as to which cryptocurrencies will survive, in what form, and to what value. -------------------------------------------------------------- The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores. -------------------------------------------------------------- 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. --------------------------------------------------------------

Episode 229:  Portfolio review of how overweighting International and Health Care sectors has worked out over the past 5 months.  For now I plan to hold these positions. -------------------------------------------------------------- The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores. -------------------------------------------------------------- 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. --------------------------------------------------------------

Episode 228:  Should a doctor waste time, mowing his own lawn?  Maybe.  He is likely to if he’s a wealthsteading millionaire next door type. -------------------------------------------------------------- The Robots are Coming: A Human's Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores. -------------------------------------------------------------- 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. --------------------------------------------------------------

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

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. -------------------------------------------------------------- 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. --------------------------------------------------------------

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/ -------------------------------------------------------------- 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. --------------------------------------------------------------

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. -------------------------------------------------------------- 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. --------------------------------------------------------------

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. -------------------------------------------------------------- 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. --------------------------------------------------------------

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 -------------------------------------------------------------- 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. --------------------------------------------------------------

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. -------------------------------------------------------------- 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. --------------------------------------------------------------

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. -------------------------------------------------------------- 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. --------------------------------------------------------------