Mastering Money 5/7/19
Market timers would have you believe that they can make you rich by jumping in and jumping out of stocks just in time, based on charts. But on the list of the richest billionaires in the world, there are no market timers. The third richest man in the world is Warren Buffett, who built an empire around blue-chip stocks, competitive companies, value, and dividends. So, what IS a blue chip stock? The joke on Wall Street is that any stock that goes UP is a blue-chip stock! Today we’ll seek to define what a Blue Chip stock is in this fast moving market, then Steve has some planning insights especially for women, who may spend ten to fifteen years living on their own one day. This is an important show you don’t want to miss. MASTERING MONEY is on the air!!