Smart Investing with Brent & Chase Wilsey

Oil and Gas Lines, Super Bowl Sunday, Trade Deficit, The Housing Market and Harrison Johnson, CFP® : The Time Value of Money

Highlights:

• On Friday, February 4 China and Russia announced a new oil and gas deal valued at roughly $118 billion. It should also be known that last year the trade between the two countries hit a record $147 billion.
• The big game is now just a couple of days away!!! As always we like to take a look at some numbers before enjoying the game.
• The trade deficit has now reached $859 billion on a yearly basis, that’s an increase of 27% over the previous year.
• The numbers are in on inflation and it’s no surprise that inflation rose by 7.5% over the past year. It was the largest annual increase since February 1982. What affects will this have besides the obvious?
• Harrison Johnson, CFP® : The Time Value of Money

 

Learn more about our investing strategies at: smartinvesting2000.com

Jobs Report, Facebook (FB), Apple (AAPL) and CFP® Harrison Johnson: Inheriting Annuities

• Jobs Report

The jobs report blew past the estimate of 150,000 today as nonfarm payrolls grew 467,000 in January. Also, November and December saw a huge revision upward as it totaled 709,000. While I was surprised by the magnitude of the beat, I wasn't surprised to see a good report. We can't forget that employers are still desperate for workers as the job openings in December totaled nearly 11 million which was 4.6 million above the total unemployment level. It's also important to remember that we are continuing to regain jobs that were lost due to the Covid lockdowns. Currently, total employment is still about 1.7 million below where it was in February 2020.

• Facebook

Facebook/Meta lost over $200 billion of market cap this morning because earnings did not please growth investors.

• Apple

Last week Apple reported record numbers and investors cheered the results and pushed the stock up a little more. That enthusiasm may temper going forward as the details of the numbers have come out showing that greater China revenue increased 21% to a record $25.8 billion during the quarter and accounts for approximately 21% of the $124 billion in sales. 

• CFP® Harrison Johnson: Inheriting Annuities

 

GDP Report, Public Pension Funds, Oil Companies, CFP® Harrison Johnson: Inheriting Annuities

Mentioned Topics:

• GDP Report

The GDP report came in very strong this morning as Q4 saw an annualized growth rate of 6.9% which blew past the estimate of 5.5%. While this is a positive, there was a large gain of 32% from private domestic investment which is a gauge for business spending and inventory build.

• Public Pension Funds

In an effort to increase their performance US public pension funds have been putting more dollars into higher risk private equity.

• Oil Companies

People are concerned about investing in oil companies because they believe there is a very short timeframe before the EV market will reduce oil consumption. 

• CFP® Harrison Johnson: Inheriting Annuities

Peloton (PTON), Netflix (NFLX), Interest Rates

• The problems keep on coming for Peloton (PTON) as the stock traded as low as $23.25 today. That's a decline of more than 20% just for the day and compares to the company's all time high of close to $170 back in January of last year and is also lower than the IPO price of $29. In terms of market cap
• Has competition got the best of Netflix? In trading Friday morning, the stock was down over 20% trading under $400 well off the $700 high. 
• I know that some people were disappointed that the Build Back Better plan did not go through. I was not one of them because I feel with our debt at $29 trillion that is enough. One thing people don’t think about is if we added another couple trillion dollars to the debt as interest rates go up the government has to pay more in interest.

Big Tech Names, Bitcoin, Federal Reserve, Consumer Price Index (CPI)

• We have talked before about how the big tech names like Apple and Microsoft continue to carry the NASDAQ. Proof of that was showing last week when 38% of the NASDAQ stocks had fallen 50% or more from their 52-week highs. 
• You may feel safe with Bitcoin because it’s estimated that 114 million people hold Bitcoin. There are 7.9 billion people in the world by the way. The 114 million does include people who have lost their passwords and cannot access their Bitcoin. But more importantly 0.01% of Bitcoin holders control 27% of the 19 million Bitcoin in circulation. Why is that important? 
• We have all heard and know that the Federal Reserve plans on hiking interest rates this year at least three times. What you may not have heard of that does not sound as exciting is the reduction of the Feds balance sheet. 
• The inflation reports continue to remain at levels not seen in years as the CPI came in at 7% year over year which was the highest level since 1982. 

International Business Machines Corporation (IBM), Starbucks (SBUX), Ford Motor Company (F), Live Nation Entertainment, Inc. (LYV)

• Has Cathie Wood’s fame come to an end? After riding Tesla and other hot tech stocks in 2020, Wood predicted a strong 20% return in 2021 for her flagship fund ARKK. That was not the case as the fund lost over 23% in 2021 and is down nearly 9% to start 2022.
• Labor Force Participation
• Boston Beer Company
• The 10-year note hit 1.8% Friday morning

Stocks Discussed:

• International Business Machines Corporation (IBM) 
• Starbucks (SBUX)
• Ford Motor Company (F)
• Live Nation Entertainment, Inc. (LYV)

Real Estate, Stock Market and Bond Market

Small Business Lawsuits, Gifting Stocks

• Small business lawsuits
• PPL Stock
• Harrison Johnson, CFP speaks about gifting stocks this holiday season

Jobs Report and CFP® Harrison Johnson: Power of Tax Deferred Growth

• The jobs report looked like a big disappointment this morning with payrolls increasing just 210,000, far below the estimate of 573,000. There were however some bright spots in areas that could help ease the inflation concerns. 
• Harrison Johnson, CFP®: Power of Tax Deferred Growth

Options, Oil Reserves, Peloton, Inflation & Price of Oil

On today's episode:

• Uh oh! Shocking news about the close for this year. What happened? Is it time to panic?
• What are less experienced investors using their options on? Why is this a bad idea?
• President Biden is going to release 50 million barrels from the US Strategic Petroleum Reserve. Is this going to effect gasoline or oil pricing?
• Peloton (PTON) crashed on their stocks. We have the latest information on that.
• Harrison Johnson calls in to talk about income problem vs. tax problem.
• Good news on the inflation front. What is it?
• We take your calls and analyze the stocks that you want to talk about.

CFP® Harrison Johnson: Umbrella Insurance

On today's episode:

• The Staples Center is getting a name change.  What do we think about it?
• Big conglomerates are breaking up their companies. What does this mean for our economy?
• Harrison Johnson calls in to discuss about umbrella insurance. What is that and how can it effect you?
• Elon Musk is in the financial news again (no one is surprised though). What did he say that can make many investors worry right now?
• We talk about the stocks that you call in or comment on our Facebook page and want us to analyze.

Rivian (RIVN)

Get ready for a very informative episode today!

• Rivian (RIVN) is in the financial news. Good news? Bad news? Find out!
• People are quitting jobs at a record for this last month. How will this effect our economy?
• We analyze the stocks that you call in and want to talk about.

Zillow (ZG) and Tax Consequences On Moving: Part 2

We got a very informative show for you today.

• Employment numbers are out. What are they looking like now? Any positives? Any negatives to look out for?
• There could be some issues with 5G towers and signals that could be alarming for investors. We discuss the latest information on that.
• Bad news for the Zillow stock.
• We are about to hit a record on stock buybacks. What does this mean for investors?
• Harrison Johnson calls in to talk about "Tax Consequences On Moving: Part 2!"
• As always, we analyze and discuss about the stocks that you call in and want to talk about.

San Diego County Treasurer-Tax Collector, Dan McAllister discuss the Tax Collection Process

A jam pack show today!

• Labor shortage is causing problems in many sectors of the economy. Who is being effected the most?
• The deficit for the fiscal year ending on September 30th just came out. How much was it? What does this mean for our economy?
• Tesla will supply Hertz with 1000 rental cars. How is this effecting Tesla's stock?
• San Diego County Treasurer-Tax Collector, Dan McAllister, joins the show to discuss the tax collection process. Where does this money go?
• Harrison Johnson calls in to talk about the tax consequences of moving.
• We also take your calls and talk about the stocks that you want analyzed by us.

Retail Sales, Tesla, & Amazon

• The National Retail Federation is predicting a new all-time record for Halloween spending which will reach $10.1 billion this year. The previous record was 9.1 billion in 2017. However, there could be a problem.
• Tesla continues to improve on revenue and earnings. Record revenue was reported at $13.8 billion which delivered a $1.6 billion third-quarter profit for the company. 
• Amazon announces they will be hiring 150,000 workers on a temporary basis for the holiday season. The starting wage at Amazon is $18 an hour and they say that these employees will be eligible for sign on bonuses and hourly bonuses as well. 

Harrison Johnson, CFP: Details of Life Insurance

On this episode of the Smart Investing Show:

• We talk about the importance of the Fighters' Fight Foundation and Breast Cancer Awareness Month. Please help however you can by going to https://www.fightersfightfoundation.com/.
• Retail sales went up better than the expectations. Where is this all coming from?
• JOLTs report looking pretty good still. What do we predict from the upcoming reports?
• Gas prices are growing higher and higher in California. Where is this money going and supposed to go?
• Port of Los Angeles had a huge update this week. What was it? How is it effecting our economy?
• PPI was released. A new record was hit. What record is that?
• Harrison Johnson calls in to discuss the details of life insurance.
• We take your questions and stocks that you want analyzed.

General Motors (GM), Red Rock Resorts (RRR), Vishay Intertechnology (VSH) and Harrison Johnson, CFP: Refinancing before Retirement

We got a jam pack show for you guys today. Check it out!

Discussed Topics/Stocks:

• General Motors (GM)
• Red Rock Resorts (RRR)
• Vishay Intertechnology (VSH)
• Harrison Johnson, CFP: Refinancing before Retirement

Bonanza Creek Energy (BCEI), Bank of Nova Scotia (BNS), Amyris Inc. (AMRS), Harrison Johnson, CFP: Changes that are coming to Roth accounts

On this episode of the Smart Investing Show:

• The stock market went down pretty hard. Is this something that we should panic about? Is it better in China possibly?
• Was watching a movie at AMC really worth it?
• Harrison Johnson calls in changes that are coming to Roth accounts.
• We analyze that stocks that you want to talk about.

Microsoft (MSFT) and Harrison Johnson, CFP®: Income writer & their relationship with Annuities

Today on the Smart Investing show:

• Natural gas prices skyrocketed since the new presidency. What can we expect from this?
• Microsoft did something crazy with their stocks. What is it and why you shouldn't fall for it?
• Retail sales increased last month. What does this mean for our economy?
• The latest news on the inflation rate.
• The latest news on the real estate market.
• Harrison Johnson calls in to discuss income writers and their relationship with annuities.
• We analyze the stocks that you want to talk about.

Harrison Johnson, CFP: What to do with your Annuity

On today's episode:

• The market is bad... but good as well? How is this?
• Bond investors should probably worry about what "Bond King" Bill Gross recently said. Why?
• JOLTs report a record in job openings. What do we see in this? How will this impact our economy?
• Harrison Johnson calls in to discuss what to do with your annuity. 
• We take your calls and Facebook comments on the stocks and financial questions that you want to talk about.