The Reality of Inflation is Setting In - Gil Baumgarten #5341
Summary: Volume was up dramatically on Black Friday, which is incredibly interesting\u2014I sit down and chat with Gil Baumgarten to discuss this as well as inflation, and trends in the stock market. In terms of buying stocks, Baumgarten\u2019s company tends to look for lower yielding ones and has great technique for finding them. Tune in for more. Highlights: -We had a real Black Friday last Friday\u2014volume was up dramatically -All of the buys and sells are algorithmically generated -The reality of inflation is starting to set in and people are becoming concerned -It is always better to average up -Baumgarten\u2019s company would prefer to buy low yielding stocks -Apple is not keeping up with inflation\u2014it is yielding 2.2% -Tesla is 5-10 years ahead of everyone else in terms of technology; it\u2019s a computer on wheels -Sometimes the price of the stock makes it not an investment but a gambler\u2019s speculation -Buying the VIX is a good idea, but don\u2019t hang on to it for a long time Useful Links: Financial Survival Network Segment Wealth Management The Markets Are in Flux, Will They Crash? with Gil Baumgarten Markets Down; Big Surprise with Gil Baumgarten