Drunken Money
#42 Making Sense of the Economy
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:42:43
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Sinopse
Keith Blakely, CFA, Investment Advisor at Stock Yards Bank, joins us to break down what's going on in the economy and how it impacts millennials. Ever hear about what's going on in the economy but aren't sure how it impacts you? In this episode, we focus on making sense of the economy. Making Sense of the Economy: ***Disclaimer - the opinions of Keith Blakely and Drunken Money in this episode are not intended as specific financial advice. Consult with a financial advisor before investing. Why does the economy matter? Keith breaks down why the economy's important and defines some of the main drivers of the stock market (GDP, Inflation, Dividends, Stock Buybacks). Keith explains why time in the market is more important than timing the market. As a millennial, your greatest asset is time, so you're perfectly set up to have a successful retirement by investing for the long-term. The U.S. stock market is almost always up over 10-year periods, and has never been down over 15-year periods. We learn what stoc