AMA 101 - Market Timing Beyond the Stock Market with Dan Egan
b'
Inspired by an article from Business Insider, Jason Hartman invites Dan Egan of Betterment onto the show to expand upon the idea of market timing. While much of the focus is on Wall Street and how market timing works in the stock market, a lot of these ideas can be applied to real estate investing. They also discuss topics such as long- and short-term capital gain, high-frequency trading and how happy we are with our own achievements in absolute terms.\\xa0
\\n\\xa0
\\nKey Takeaways
\\n02.33 \\u2013 Stock trading investments are all about assessing long and short-term achievements. Remember that the government views capital gain in terms of short or long-term.\\xa0
\\n04.03 \\u2013 Dan Egan describes the \\u2018bid ask spread\\u2019, an economic term for the costs you never see a bill for.
\\n07.20 \\u2013 High-frequency trading might not be everything it\\u2019s cracked up to be. You have to compare the situations of the big traders with average Joe\\u2019s actions.
\\n13.30 \\u2013 Personal satisfaction is hugely important, but it\\u2019s always competing with our comparisons to the people around us.
\\n15.20 \\u2013 For more information about Dan Egan and his company, head to www.Betterment.com
\\n15.28 \\u2013 Jason Hartman discusses some of the various viewpoints on the inflation/deflation argument.
\\n\\xa0
\\nMentioned in this episode
\\nwww.Betterment.com
\\nFlash Boys by Michael Lewis
'