Emily and Amanda discuss finance topics that came up in two summer blockbusters of 2023: Barbie (white collar crime) and Mission Impossible (crypto). They wrap up with a response to a listener question: "I bought a stock and it went down. I was sad and upset about it, so what should I do?"
Emily and Amanda dive into financial planning of hobbies this episode. Working with clients, we've found that a lot of people don't budget for their hobbies, despite them being one of the most joyful parts of their life. Then Emily and Amanda discuss when a hobby turns into a business and potential tax consequences.
Join Emily and Amanda for a discussion of current events in markets and personal finance in the summer of 2023. They start with international investments and their recent outperformance of domestic stocks. Then they delve into the "hawkish pause" by the Fed and its potential impact. Finally they wrap up with thoughts on the recent Supreme Court case on student loan forgiveness, and how to approach the upcoming resumption of student loan payments expected to begin this fall.
Emily and Amanda are joined by David and Danielle to discuss the various types of assets. Listen in as the whole Propel team gives you their insights.
Emily & Amanda answer three listener questions in this episode: 1. What's the deal with the $600 limit on digital payment platforms like Venmo? 2. Should I change any of my investments because of the debt ceiling? 3. How do I handle investments that have sentimental value?
Amanda and Emily are joined by fellow advisor David Vaught, CFA, to discuss our current economic environment and the record inflows into money market funds in 2023.We discuss: - The pros and cons of using money market funds; - The types of risks to consider when choosing investment products for your cash, particularly reinvestment risk; and - The importance of staying optimistic in today's economic environment.