The Trader's Podcast - With Scott Welsh

Episode 244 of The Traders Podcast is Part 2 of Scott Welsh’s “The Retirement Lie.” (So, if you haven’t heard the previous episode yet, please go back and listen to Episode 243: The Retirement Lie – Part 1 prior to playing this one.) Your usual host, Rob Booker, is enjoying a two-week vacation from podcasting, so for the next few episodes, The Coach Scott Welsh will be our guest host.

And in this second episode of four, Scott tells us more about “The Retirement Lie.” Scott begins this episode by discussing a Wall Street Journal article that examines this Retirement Lie. Scott says there are two questions he wants us to think about regarding our retirement: 1.) How can I retire as fast as possible? 2.) Since I like my job, how much can I save? Yes, Scott also addresses the question: What if I don’t want to retire? So, you’re going to hear Scott run the numbers and explain “the vision” to Jason. Don’t miss this one! And thanks for listening.

[ Listen to the Podcast ]

The heady crowd gathered in Washington abruptly stopped their high-level meeting as stunned finance ministers from the G20 countries, including Canada’s Joe Oliver, learned that Jim Flaherty had died suddenly Thursday. After a brief moment of silence, discussions of economic policy were soon replaced with accolades for this country’s much admired  former finance minister. “They stopped the meeting to pay tribute to him,” a source close to the meeting told the Financial Post. “It was awesome for Canada, but more so for Jim.”

[ Read the Whole Article ]

Morning Notes - Chris Berry, MBA

Emerging Markets Come Back

- Despite the Fed's continued tapering of asset purchases, emerging markets (EMs) have rebounded from their initial sell off.
- Has the crisis vanished as Bloomberg claimed? Or is this a lull in a secular downtrend?
- There are a number of indicators we can look at, but none are more telling than the direction of currencies and interest rates; higher rates will hurt growth prospects.
- Regardless of the crisis talk, EMs will continue to lead global growth, albeit at a slower pace than many would like.
- Does this, coupled with slow and presumably steady growth in the West augur for higher interest rates going forward? This is anathema to Central Bankers.

 - [ Discovery Investing Web Site ]

The Traders Podcast with Rob Booker

Welcome to Episode 243 of The Traders Podcast. Your usual host, Rob Booker, is enjoying a two-week vacation from podcasting. So, for the next four episodes, starting with this one, we have a guest host — “The Coach” Scott Welsh — co-creator of the Bossilator course and a peak-performance instructor who resides in Columbus, Ohio.

For his first episode of four, Scott talks about “The Retirement Lie.” He begins by describing his intense disdain for liars, and then Scott talks about some very popular lies that many people believe. This leads into Scott’s surprising insights about The Retirement Lie, and he begins explaining some good news for traders pertaining to their retirement that isn’t a lie! Don’t miss it! Thanks for listening.

[ Listen to the Podcast ]