Aug 8, 2019
The Federal Reserve recently cut interest rates for the first time in over a decade and it comes as no surprise that the news has been in the headlines. Should we be concerned about this decision and what it means for the economy? This is also a reminder that we should always be planning to outpace inflation and we’ll talk about that as well.
Check out the full show notes by clicking here.
0:16 – The recent headline that caught our attention about rate cuts.
0:41 – What the headline means what a rate cut means for the economy.
2:57 – First rate cut since 2008
3:30 – Should you be concerned when the government makes these changes?
4:24 – Avengers: End Game review
5:01 – Movie trivia
5:38 – How do you handle inflation and keep it from taking a big bite out of your portfolio?
6:29 – A client came in with a variable annuity that returned very little after fees.
8:41 – Make changes to outperform inflation.
10:26 – Doing some math to figure out what returns you need.