RUSH TRANSCRIPT Charles welcome ░░░░░░░░ Yesterday we brought you ░░░░░░░░ America invests together virtual ░░░░░░░░ hall Special guest was ░░░░░░░░ Sports founder Dave portnoy ░░░░░░░░ sent us some amazing ░░░░░░░░ right As is always ░░░░░░░░ case on live TV ░░░░░░░░ couldn t get to ░░░░░░░░ of them I will ░░░░░░░░ as many as we ░░░░░░░░ I brought in David ░░░░░░░░ from Nicholas wealth management ░░░░░░░░ help me out Let ░░░░░░░░ go right to the ░░░░░░░░ one A video from ░░░░░░░░ individual in the sunshine ░░░░░░░░ Patrick Let s take ░░░░░░░░ listen Patrick goss mill ░░░░░░░░ Florida I m a ░░░░░░░░ concerned about market uncertainty ░░░░░░░░ an individual investor but ░░░░░░░░ with an retirement account ░░░░░░░░ I take this year ░░░░░░░░ profits now and then ░░░░░░░░ back into the market ░░░░░░░░ the election winner is ░░░░░░░░ Charles I will say ░░░░░░░░ certainly a lot of ░░░░░░░░ taking today for sure ░░░░░░░░ normally take profits on ░░░░░░░░ positions on the way ░░░░░░░░ I got to be ░░░░░░░░ I m frustrated as ░░░░░░░░ when they keep going ░░░░░░░░ Yesterday we took profits ░░░░░░░░ page down 30 Xyz ░░░░░░░░ 50 bucks is not ░░░░░░░░ same as xyz at ░░░░░░░░ I preach this all ░░░░░░░░ time on the show ░░░░░░░░ the fundamentals haven t ░░░░░░░░ that means the stock ░░░░░░░░ be overbought That something ░░░░░░░░ have to monitor David ░░░░░░░░ do you handle these ░░░░░░░░ That is a great ░░░░░░░░ Patrick I get the ░░░░░░░░ concern My mom is ░░░░░░░░ mom She had retirement ░░░░░░░░ during the tech bubble ░░░░░░░░ took a significant hit ░░░░░░░░ saw the pain that ░░░░░░░░ so I get that ░░░░░░░░ added to that fact ░░░░░░░░ is very hard to ░░░░░░░░ the market Some of ░░░░░░░░ best minds on Wall ░░░░░░░░ can t do it ░░░░░░░░ think Charles can do ░░░░░░░░ it effectively but that ░░░░░░░░ about it Take 50 ░░░░░░░░ your account off the ░░░░░░░░ if that gives you ░░░░░░░░ little more peace of ░░░░░░░░ Also gives you dry ░░░░░░░░ to buy back into ░░░░░░░░ market Remember March 24th ░░░░░░░░ 25th of this year ░░░░░░░░ the rally the market ░░░░░░░░ almost 20 If you ░░░░░░░░ trying to play catch ░░░░░░░░ after the election you ░░░░░░░░ miss it I don ░░░░░░░░ like approach of all ░░░░░░░░ or all out Charles ░░░░░░░░ right Now after watching ░░░░░░░░ show I got a ░░░░░░░░ from joyce She says ░░░░░░░░ am 53 years old ░░░░░░░░ do not know anything ░░░░░░░░ the stock market Even ░░░░░░░░ to speak to for ░░░░░░░░ Can I use my ░░░░░░░░ k retirement to invest ░░░░░░░░ stocks I would like ░░░░░░░░ do something where I ░░░░░░░░ make money now as ░░░░░░░░ as without having to ░░░░░░░░ on accessibility when I ░░░░░░░░ Can you help me ░░░░░░░░ point me in the ░░░░░░░░ direction Don t have ░░░░░░░░ lot of money in ░░░░░░░░ either I need help ░░░░░░░░ you do Typically I ░░░░░░░░ to say something you ░░░░░░░░ buy individual stocks or ░░░░░░░░ for the most part ░░░░░░░░ 401 k s I ░░░░░░░░ they would amend You ░░░░░░░░ be able to buy ░░░░░░░░ stocks in the S ░░░░░░░░ 500 for instance Be ░░░░░░░░ as it may you ░░░░░░░░ try for more targeted ░░░░░░░░ with efts The good ░░░░░░░░ 401 k many employers ░░░░░░░░ allocation Most folks it ░░░░░░░░ capped at 19 500 ░░░░░░░░ your case joyce you ░░░░░░░░ add 6500 bucks as ░░░░░░░░ new provision for people ░░░░░░░░ 50 to catch up ░░░░░░░░ clearly need to catch ░░░░░░░░ David Charles great points ░░░░░░░░ thing I will add ░░░░░░░░ or Target date funds ░░░░░░░░ don t have to ░░░░░░░░ much about it Line ░░░░░░░░ the age with Target ░░░░░░░░ fund Buy back more ░░░░░░░░ the market reduce exposure ░░░░░░░░ year One last thing ░░░░░░░░ employer old 401 k ░░░░░░░░ can roll that into ░░░░░░░░ Current employer Charles you ░░░░░░░░ right Past e employer ░░░░░░░░ do have the opportunity ░░░░░░░░ great point Pamela is ░░░░░░░░ my parents started investing ░░░░░░░░ the markets in the ░░░░░░░░ have built up considerable ░░░░░░░░ they receive quarterly dividends ░░░░░░░░ am the only child ░░░░░░░░ is so much talk ░░░░░░░░ the upcoming election how ░░░░░░░░ will impact the market ░░░░░░░░ m concerned about the ░░░░░░░░ dividends I appreciate any ░░░░░░░░ Should I ride it ░░░░░░░░ stay the course make ░░░░░░░░ term changes I would ░░░░░░░░ dividend is intriguing Like ░░░░░░░░ payments hang tough with ░░░░░░░░ Do an inventory of ░░░░░░░░ companies because some of ░░░░░░░░ companies have stopped paying ░░░░░░░░ this year and some ░░░░░░░░ not be able to ░░░░░░░░ may not have the ░░░░░░░░ flow That is something ░░░░░░░░ you have to worry ░░░░░░░░ Also David a lot ░░░░░░░░ people worried about the ░░░░░░░░ I haven t taken ░░░░░░░░ into account I do ░░░░░░░░ I will have more ░░░░░░░░ for my subscribers as ░░░░░░░░ head into November 4th ░░░░░░░░ 3rd Rather Charles I ░░░░░░░░ that is prudent I ░░░░░░░░ you re doing the ░░░░░░░░ thing The idea there ░░░░░░░░ a better opportunity to ░░░░░░░░ advantage of some of ░░░░░░░░ names I look at ░░░░░░░░ stocks like quality real ░░░░░░░░ If you have a ░░░░░░░░ estate property where the ░░░░░░░░ is paying rent every ░░░░░░░░ for 25 years the ░░░░░░░░ estate value will go ░░░░░░░░ but are you going ░░░░░░░░ sell the real estate ░░░░░░░░ if you re getting ░░░░░░░░ payment month over month ░░░░░░░░ look at dividend stocks ░░░░░░░░ same way As long ░░░░░░░░ Charles said these are ░░░░░░░░ companies you should be ░░░░░░░░ fine Charles David thank ░░░░░░░░ very very much for ░░░░░░░░ Now I know why ░░░░░░░░ re so conservative You ░░░░░░░░ gave us a secret ░░░░░░░░ Now we know Folks ░░░░░░░░ you miss yesterday’s