17 Burst results for "Rbc Wealth"

"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

02:02 min | 9 months ago

"rbc wealth" Discussed on WCBM 680 AM

"Talk radio 6 80 WCBS with both black clothes. Welcome back Wcbm. Listeners and investors again. Hope many of you all are at home safely. With this pending snowstorm the accumulation were supposed to receive probably the largest snow looks like with at least is being forecasted for us to receive here to start 2021. So far and maybe the Children out there. We'll have a snow day, their first snow day of the year, and it's something that as a child I used to get kind of excited for knowing it would snow and you're doing your little rituals at night and You know, hope, praying for the snow, Your snow dance. You could get a snow day off school and I'm sure kids are looking for that. Although in today's virtual world I know some schools are still closed, and but some that have re opened are still following their their guidelines to snow days. So again if you're at home, be safe, stay safe. And I hope you're listening to this program. If you have questions you'd like to call my team RBC Wealth Management during the week. If you want a second opinion, or you've listened in here today, you're saying Hey, what Tim is talking about something that you know we need to listen to or that we want to understand more of let's reach out to Tim's team at RBC Wealth Management that numbers for 10. 316 53 20, you know, We get phone calls from individuals during the week as well asking questions about the show. But people who also are planning on retiring that want to put together a retirement plan. That are trying to get their ducks in a row in the next year. The next few years. Use this as an opportunity is why put the show together to provide insight? Investment information for you? All the listeners here on Wcbm talk radio again our number to our team and RBC Wealth Management for 103165320. Talking more about other signs of excess in the stock market, and and could this be, you know, potentially a bubble, or are we seeing maybe red flags that are starting.

RBC Wealth Management Wcbm Tim
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

02:14 min | 10 months ago

"rbc wealth" Discussed on WCBM 680 AM

"And infrastructure spending is well now some of the stimulus so we think the market is also at ease with the party control scenario because this whole Democratic blue wave will be somewhat restrained, at least in our assessment. Our assessment at RBC Wealth Management RBC Capital Markets because there's a big difference between a 5 to 10 FT Wave Okay, which is akin to narrow control both chambers of Congress that Democrats will have And the power of Let's say, a 30 to 40 ft platform or winter waves that break at Mavericks, and that's more akin to let's say strong congressional majorities. And I think anybody out there has been on a surfboard before would say if you maybe nobody's had the chance to ride these Mavericks, these 30 and 40 ft waves. Versus of five or 10 ft. Swell and you're not going to see him in Ocean City, Maryland, by the way, but if you are you'll, you'll get the point that it's a much different ride right so thus far. The risks of tax increases are not at the forefront right And we think this is because razor thin democratic control in the Senate, combined with the party's narrow majority in the House, makes passing sweeping Substantial tax hikes difficult to achieve. As I said, Think more like the narrow control both chambers of Congress that the Democrats will have is the smaller wave is the 5 to 10 FT. Wave that most surfers can handle right and navigate, not the 30 to 40 FT. You know, Winter wave that breaks so in our view, Okay. Our view it RBC Wealth management. RBC Capital Markets is that politicians generally recognized that raising taxes in the earlier stages of an economic recovery and amid persistent covert 19 Economic challenges. Would be ill advised, and this effectively reduces the risk of substantial tax increases at least this year in 2000 and 21. With that. I'm gonna take my final break here on the program again. Call the number..

RBC Wealth Management RBC Capi Mavericks RBC Capital Markets Congress Ocean City Maryland Senate
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

08:35 min | 10 months ago

"rbc wealth" Discussed on WCBM 680 AM

"This is Tim Herb of RBC Wealth Management and our Tactical Planning Group Here Live in studio this Sunday, December 27th is, as I said last Sunday. This will be The last show of the year of 2000 and 20. I know a year that many individuals are looking to put a ZAY mentioned in common it on last Sunday. Kind of back in the books and And toss it away and looking forward to the upcoming New Year 2021. But I wanted to make this effort during the holiday week kind of the extended holiday week between Christmas and New Year's. Make an effort to be here to be in studio and all for kind of a weekly recap I know was an abbreviated week last week with the markets activity, the market having a half day on Thursday. Followed by a close on Christmas Day this past Friday, December 25th and with that, let me hope and rather wish that many of you all that celebrate the Christmas holiday had a merry Christmas and are still enjoying it. Still continuing with that good, positive vibe for the Christmas holidays and again looking forward to the New year here coming up Next week, the beginning of 2000 and 21, so I don't have the month to date. Unfortunately, the month to date numbers or returns rather when the market because we still have a few days left. In the month of December. 2000 and 20 starting tomorrow. When Monday, December 28th. We have a few more trading days remaining. In 2020, but for a recap on the clothes last week, let's let me give that to you right now. So the Dow Jones Industrial average finishing Friday, December 24th Christmas Eve. Close of 30,000 won 99 S and P 503,007 03, the NASDAQ again a heavily laced technology based index closing Thursday at 12,008, 04 and elsewhere. The small cap index is the small companies finishing Thursday at 2000 and three point so You know, looking at this past week. What's interesting, Okay is that the market appears that you know, I had mentioned we could see a little stall a lag into the finish into the end of 2020 last week. It doesn't appear we're going to see that. Instead, the market may do the complete opposite as it likes to do. Of what everybody thinks. And yet, I think third. Excuse me January beginning in two weeks, I guess technically beginning on the first next Friday, but as far as trading because the markets will be closed for New Year's the following week, opening up the markets I think we've seen in the past history serves us a pretty good lesson. Some time to time where we could see a volatile beginning to 20,021. Maybe we finally see that swift short, abbreviated correction, maybe becomes deeper. It's less shallow. We don't see a 5% correction. Could we see a 10% pullback? I think anything's on the table right now to begin next year. But as I said before, The market's really not going down easy. The market continues to be volatile despite the expected slower trading last week during the holiday week. If you recall back earlier in the week last week on Monday, December 21st we had a 400 point swing. In the Dow industrial average. And so that demonstrate that 400 point swing last Monday again kind of demonstrating that even though we're winding down 2020 on anything could be expected at 400 Point Swing. Certainly to us was, you know, kind of key to the volatilities of the market is going to continue on. I think the higher volatility may be a sign. Of a direction change for the market. And some, you know, have been comparing as I've talked about in previous programs here one Sunday's on the weekly wealth report comparing the speculative excesses that are apparent today. Two other similar market periods. I talked about some of the speculative buying, you know, looking at the heavy call option buying their reduced amount of short positions again. Are we setting ourselves up to repeat history? You know, I think it's anybody's guess when we see the markets Carrie and have such a lofty year. And yet a year where The economy. There's been a lot of, you know, economic shake up with businesses with the results of this covert 19 Corona virus pandemic and what it's stunning at the market kind of going the other direction. So while there are similarities to this market currently in 2022 past markets, maybe being overextended, higher valuations. There are also differences that make it hard to draw really any clear. Conclusions with the main difference that we see as being the speed of the decline earlier this year, and then the rapid recovery that followed. We have not seen that in, you know, a long time. Okay? And if maybe, never have we seen such a speed off deterioration. In the economy in the stock market, as we saw back in March of earlier this year, 2020 really beginning in February, carrying his into March and then the rapid recovery And this may mean that the higher volatility could be with us for a longer period and that any declines could also be more volatile than the average pull back. So maybe you know, I remember a few years ago and I referred to this on a prior show a few weeks ago about that flash crash we had where we saw the markets littering about six weeks span. Beginning January. The New year into mid February. We had about a 10% pullback, okay? And as I said, that was of several years ago, but I remember it and I remember it well, and a lot of people were panicked at that point when we had a very swift Fast correction in the stock market again around a 10% decline in a matter of six weeks to kick off the new calendar year, So it's anybody's guess as to whether we again the, uh, you know how long it takes for the market to correct or maybe pull back or to what extent the market does pull back. Maybe it does not. And so the market action ahead, I think may continue to be unusual could also be surprising, but it should not be a reason to change your long term plans. Okay? And that's one of the things I wanted to mention is it's often what we see in the short term allows individuals suddenly to kind of hit that panic button. And alter their long term planning. And as you know, we look at the markets. The market indexes may have been hitting new highs over the past two months. But this has mostly been in the form off a trading range where we've seen kind of these token pops into new high ground and then really no follow through. Purchasing follow through buying up stocks into something more meaningful. And yet some stocks have have made some much larger moves higher, which You know, we think has become obvious to many of the market watchers. With some of these stocks reaching levels. Evaluations that really again are far beyond most historically reasonable levels. And that's one of the concerns. Why said, could we see You know, because we had such a rapid recovery. Could we potentially see a rapid pull back? And does that occur at some point next year in 2021? Is it kind of a little bit of a wake up call that maybe we kick off the new 2021 with a correction the market again? Could it be 5% couldn't be 10% and how quickly May that take place and you know again back to the markets. Ah, good number of these leading stocks that I have mentioned with their valuations. If you look on the technical side at their charts, they have parabolic chart patterns that indicate to us a much higher correction risk, at least on a technical basis. Um as when you know these sharp up trans speak, the pullback suddenly could be as fast as the rallies were that preceded the peaks. So we've got a lot more to cover here on today. The final show of 2020 for the weekly wealth report. It's a weekly financial talk show. We discussed the.

RBC Wealth Management Tim Herb Carrie
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

03:01 min | 11 months ago

"rbc wealth" Discussed on WCBM 680 AM

"While making fixed income, investing even more challenging And our team of specialists and strategists in the United States in Canada in Europe and Asia all get together every year, and they publish a report. Called the Global Insight Outlook, and they recently published the Global Insight. 2021 Outlook, which sets forth RBC Wealth Management's views on the economy on equities, or stocks and even fixed income. If you're fixed income investor, you're conservative and you own CDs or bonds. This report also forecasts information on currencies and commodities. So if people are dialed into certain currencies throughout the world, or even certain commodities, we provide an outlook. And some insight for 2021 again. This is a special report. We do it every year. I've had listeners call into the program asked to ask to us for us rather to email it to them or mail them a hard copy, and we can do that. Again. This is published by RBC Wealth Management. Our views on this is coming from our worldwide teams, so RBC Royal Bank of Canada Wealth Management RBC Capital Markets. LoC gets together all of these strategists and specialists throughout the world and published this report the Global Insight, 2021 Outlook, So if you want it Call my office for 10316 53 20 to get a copy of the report or email me our email my email rather Tim got herb at RBC dot com. Email me your information, and we could get you a printed copy of this insight for 2021 the outlook. So importantly, the report also addresses Common concerns. We often hear for investors even more now. So since really the onset of the cove in 19 pandemic, a lot of these concerns some of them governments are now awash in debt, and there are no signs that borrowing is gonna let up anytime soon. So people have asked. The question is more debt sustainable, One of the risks for our economy, world economies and even taxpayers. That's a big concern. So we're gonna address that in this in this report. The other thing with the U. S economy, I think still in the process of re opening businesses are at certain levels of capacity. Where is inflation going from here? People vast that and what can investors watch to gauge how price pressures may be building? The other thing I talked about a moment ago with interest rates near or below 0%. In many countries, it's becoming more evident that what worked for fixed income investing in the past people getting a nice handsome interest rate on a CD at a local bank or savings.

RBC Royal Bank of Canada Wealt RBC Wealth Management Global Insight RBC dot United States Canada Tim Europe Asia
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

02:53 min | 11 months ago

"rbc wealth" Discussed on WCBM 680 AM

"To try to get the information. Well, if you want again, well, not sounding self serving, where certainly Willing and able to try to help you. So if you want to call my team at RBC Wealth Management here locally, we can try to get some information from you and begin to do a little bit of research for you were happy to try to help so I can give you that phone number if you like to have that right now. Is there a charge for all this Now, if we want to do the research, at least to do is great, quite fair question. If we're going to do the research for you, at least looking into this, Hopefully we can come back to you with what that stock certificate or who it is today or if it's still if it's worth anything. What will do that? You know, in good faith to you. There's no no charge and service fee to try to gain some information on that. That would be a help. Okay, so feel free. I'll give you the number of you have a pen handy. Okay, Here you are, ma'am. The number to our team again. That's RBC Wealth management are being Yep. Beers and Boys season Charlie RBC that stands for Royal Bank of Canada. No RBC Wealth management. They acquired my old firm where I used to work prior to RBC. Here in Baltimore, which was Ferris, Baker Watts. If many of you are familiar with Ferris, Baker Watts, we were acquired by RBC Wealth Management. So our number Naomi is 41031616. 53 to 0 and wouldn't be the better time to call you can call tomorrow morning on Monday is fine and I will be in the office. I'm one of the team members that's there. In my office, so feel free to call me and you can ask for Tim, if I'm not available. Certainly. Leave me a voicemail and I promise to get back to you. Thank you so very much. You're welcome. Thank you for the call. Okay. Have a great day for my Great question. We'll certainly do our best to try to help those that have questions like this. That needs some direction. Need some council again? You know, the financial industry is so diverse. We may have circumstances where individuals like this Have stock certificates, maybe in an old safe deposit box that they inherited their family member zone. They need some guidance they need some assistance may have a situation where somebody's getting ready to retire. We've even had circumstances. Unfortunately, where there have been, you know, certain inheritances or there have been, you know, some type of malpractice lawsuit or litigation of some sort, where a family suddenly comes into You know, assets or or or money and they need counsel. They need direction s so if you have any questions, whether it relates to investments to finance retirement planning, um You.

RBC Wealth Management Charlie RBC Baker Watts Ferris Naomi Tim Baltimore
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

01:51 min | 1 year ago

"rbc wealth" Discussed on WCBM 680 AM

"Awareness. Bottom line. This is talk radio City 80 Wcbm. Approaching Colfer and bring some wet weather our way vertically this afternoon clouds building for the rest of Sunday. The winds will be on the increase is well disappeared. The showers. Manley's afternoon a few straight storms Possible. High low sixties southeast wind as high as 30 Miles an hour. Some lingering light showers for tonight will come to net a theory. Sky overnights. The Windy, low low forties Sunny and breezy for tomorrow High low fifties low fifties against Sonny on Tuesday, then mid forties public sunshine Wednesday Look a drive Thursday and Friday. I'm tired, bored when a child for talk radio says eight. Wcbm. The weekly wealth report is brought to you by Tim Herb of RBC Wealth Management Thistles Talk radio 6 80 Wcbm. It's time now for the weekly wealth report of 360 degree view on finance and investing. Here's your host, Tim heard. Good morning Wcbm, a Listeners and investors. Tim Herb with RBC Wealth Management and Our Tactical Planning Group here Alive. One Wcbm 6 80 am this Sunday, November 15th In studio for a live edition of Today's program. We are going to open up the phone lines. And if your first time listener here to the weekly wealth report again, this is a one hour financial talk show. That we bring to the program here each and every week we discuss financial planning the stock market, the economy investments, etcetera, and from time to time, like today will open up the phone lines allow you all the listeners. Call in Ask questions that you may have either about the subject that I'm covering. Talk about the state of the economy.

RBC Wealth Management Wcbm Tim Herb Colfer Manley Sonny
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

06:18 min | 1 year ago

"rbc wealth" Discussed on WCBM 680 AM

"And this week of economic data. Just a moment ago about the 10 year Treasury yield and our view of RBC Wealth Management that the 10 Year Treasury over the intermediate term probably on Lee has a ceiling of 1%. But also With the economic data we had, you know, weaker than expected unemployment claims So despite my comment about seeing support for an ongoing recovery This came albeit with weaker than expected unemployment claims and M data okay for the week was most indicative of an ongoing recovery because we had manufacturing And nonmanufacturing purchasing managers manager's index readings off 59.3 and 56.6, respectively. So because of those readings again, that's manufacturing and the non manufacturing purchasing managers index readings. Those readings demonstrate, you know, While we're not going to see a recovery just fall flat on its face or a recovery, maybe that's greater than expected. We are going to see a recovery and an ongoing recovery at that. Unfortunately, we did have initial unemployment claims of 751,000. Okay, which were higher than consensus expectations. So you know these are some things again that tend to mute some of the recovery if you will, but we have to kind of pay attention. If we can to the numbers throughout the week. The stock market really is last week or did in fact make a strong bounce. To the upside. And you know we had about two, maybe three weeks of big moves to the downside. And while it may seem that something big, I think last week's bounce again talking about the election may be gaining some certainty as to what direction the economy is heading in, people felt that maybe something big Maybe going on. And in reality, if you look at the pattern of the stock market if we pay attention to the technical side, this short term volatility, which is seeing a couple of weeks to the downside, and then another big week to the upside like we had last week, okay? Where most of the major indexes were pretty darn close to returning 7% or higher gains I know is, he said before the Dow Jones and the S and P S and P was up 7.3. The Dow is just teetering on a 7% game last week up 6.9. But This all continues to fit. Into the same trading range that the indexes have been in really for the past three months, so it doesn't appear. You know, we had a big week last week, people think, Okay, we have since uncertainty now, where more clarity. When we had uncertainty. That's why the market was pulling back, and the rally last week came as a result of the clarity with our economy with the election. But yet this is all normal based on the activity we've really seen, so it really is a market trend that is decided. In that it's in a can solid ating trading range. Going back and forth is two weeks of downside activity, followed by a big pop to the upside is all normal and creates a kind of this typical trading range moving sideways. It's a consolidation really. And that this choppiness could carry on for several more months in a normal fashion. I think we see the intermediate term trend as being up. Down, worried in sideways And yet this current sideways market that we've been really for the last month or so provides the time needed, really, for the economic and the earnings numbers to play. Ah, little really catch up. To the higher stock levels because there are those of your so called experts in our industry. People love to come up with a prediction on which way the markets going. And they provide their own feces their own opinion. But some believe that even the market that we're in currently is a little bit inflated, little lofty if you will, and that the earnings really now have to play catch up to these higher stock levels of the some of these stocks are over valued, and there's concern there. So I think the trick is to not allow the short term market gyrations really toe alter your longer term investment plan and tried to be patient rather than reactionary. To the daily volatility and we see this also, you know this down up sideways. Whatever weight's going All of this is normal for the stock market. And yet many people you know they were frightened. If you will, maybe a couple of weeks ago heading into the uncertain time period with the presidential election, and we saw the market drop consistently for about two weeks, and we had some pretty big, tumultuous down days in the market. Some people were very cautious and a little apprehensive of wanting to put some of their cash to work. But as I said with a strategy And a discipline on last Sunday show. Hopefully you took note. You know, I mentioned allocating perhaps a third at those levels where we were prior this week's bounce, then we maybe look at where we are at the market. Post the election and allocate another third on Ly two, then wait for that final third worth of capital or cash to allocate until perhaps a later date when we get a better entry point But there were some that were again very apprehensive about wanting to allocate any cash until they could determine the outcome off this presidential election and There is much thought about how the market may react. After the election. Right. We not were now turning to Okay. What's the stock market doing before the election? Some people.

RBC Wealth Management Lee Ly
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

06:26 min | 1 year ago

"rbc wealth" Discussed on WCBM 680 AM

"Unfortunately, they have this curious this line of credit in place. Ended up using that when they set it up. They thought they'd never use it. They never need Thio. And then who knew that March would come right, But they really struggled in other areas because at the same time that they're using our line They're bank could actually shut down their home Equity Line of credit program because thanks for unsure about values home at the time, it was really hard for them to access some of their business lending needs because there's a big queue to get into that. On. So this became, you know, a good standby line of credit for them, And then they were able to access some of those other programs land of paying off the line just two short months later, but Having knowing that you have access to that liquidity battalion. Most times. It was very important for many of our client's going through the pandemics. Can we talk about? You know what are some of the top uses? Of securities bass lines, credit lines. I mean, there are countless use cases for liquidity via a securities based credit line, Fred So can we talk about what some of those common uses? Maybe you mentioned, you know, Bridge financing. But if we could maybe just elaborate on a few other Areas that thie securities based credit lines may be valuable. Yeah. Bridge financing ends up being the top one. So what I'll mention there's What does that mean? Bridge financing. You're trying to acquire an asset and you generally have a sale of another asset That's gonna pay back down. You just need to bridge that gap rate. So The top used case that we have is when people are buying a whole moving into a home. Maybe they don't want to look great. Therefore foils. They used a line of credit to acquire that whole property before Morgan someplace or maybe use it for the down payment left the other house sell and they pay it down. A big one is elder care bridge facilities on this is where not only people who are doing that themselves but kids of people. Maybe you're moving your parents into in their elder care facility. Acquire the facility immediately settle that. Let the house l and then paid on the line of credit. We see that happen a lot. Andi. I mentioned its various cashflow items. Maybe you're in a basin bonus and And you're doing a renovation and you want to do that in the summer bonus comes at the end of the year. You can imagine all those of scenarios but those that's that's the top few cases and its citizens into other If I could just apologize, spread for interrupting again. We're being joined by Fred Rose, who was my colleague? RBC Wealth management. He is the head of credit and liquidity solutions for RBC US Wealth management talking about securities based lending. But it's interesting because there are a lot of individuals that sandwich generation have talked about this When my program here when Sundays in the past where you have an individual husband and wife, they're raising their own Children, their kids or maybe in high school going to college. But then Mom and Dad are also at that age where they've been retired. Maybe there's a possibility of them moving into a retirement community or assisted living. So they're kind of sandwiched in between again continue to raise their own family, but then now taking care of their parents, so this ability to potentially help those individuals, those families and even those parents, as you said, moving into a retirement community and elder care facility not being forced into maybe having to liquidate their investments to then get into that retirement community. Or elder care facility, but perhaps using a credit line as a way to bridge that gap if you will correct Absolutely. And you can imagine being able when you're going through these air, emotional things, right? Maybe the passing of the parents here and your tryingto help mom out as she's going to our dad out there going through that. Just feel say, Hey, I'll use my line of credit. Ah, you will cover this. I know that. You know, cat liquidity is gonna be coming into you later on, but the only cost that you have, there is simple interests and you know that's nominal compared to being able to just take care of the situation right there. But things settle out because those could be just such volatile emotional times. And, yeah, that sandwich generation. We see them helping out a lot by using a line of credit, Then they're not interrupting their long term investment strategy to do so, which eliminates a lot of stress on their end as well. I think also, you know you've talked about this in the past as well. Not here this morning on the show. Fred, but looking at things like large expenses, maybe a wedding for a child of vehicle a boat even and we've seen this before firsthand individuals who are finally ready to maybe look at a vacation home. Ah, home at the beach or something of that nature, And they're looking to have possibly the ability to make a cash offer but are worried about having to liquidate their hard earned investments or their investment portfolio to make that cash offer purchase. This is where a securities based Lending or credit line could come could be useful. Absolutely. These are some of these are the more fun ones right again Balancing the benefits and the risks. It's not about buying things that you can't afford. It's about a better way to finance the things that you already can afford. It's a very important concept. You're not taking on debt by and asked that you can't afford you're just using the assets that you already have in your account to do this. The copy's case we've seen since Kobe has struck his home improvements. It's like seven X in the past 12 months compared to last year. People are sitting there homes have a kitchen, so maybe it's time to remodel it or that outdoor patio. We would like to spend more time there and went up on one wheel to help people do as they're bouncing their well plan. Their friend. We've got to step out for another break here in the program. We'll talk about this some more again. You're listening to Theweek Lee Wealth report here on Wcbm Talk radio being joined by Fred Rose head off credit and liquidity Solutions for RBC Wealth Management. Stay with us. We'll be back right after this break. Temperatures.

RBC Wealth Management Fred Rose Theweek Lee Wealth Mom Morgan Kobe
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

07:11 min | 1 year ago

"rbc wealth" Discussed on WCBM 680 AM

"Wealth Management and Our Tactical Planning Group. Again here Live in studio Sunday. September 20, some people often will send an email or maybe a phone call call into the show and Will ask questions about you know how to get in touch with you or ask a question about on the radio, personal question about a stock or investments or retirement planning. Whatever it may be. You're just China and But how do we get in touch with you and your team? And if you'd like to call our team RBC Wealth management. If you have an investment related question of financial question when it comes to financial planning, maybe again, you're a soon to be retiree. Or you simply want a second opinion on your investment portfolio. Feel free to call our team. At RBC Wealth Management. That number's for 10316 53 20 once again for 10 316. 53 to 0 to our office at RBC Wealth Management. So During this year off uncertainty and concern there have been obvious stock market winners and losers. By what may be largely ignored is the large number of stocks. And I said this right before the break. I'm kind of getting into this a little bit more here now. What has been largely ignored it may have been largely ignored is the large number of stocks that are in trading ranges and have not been so dramatic. In their movement. As to attract much attention, So we know those stocks that have attracted a lot of attention right. The technology names ones that people are hearing about on television on a repeated basis. Okay, But in our when I say our I'm talking about RBC Wealth management, our team In our regular run through a large number of stockcharts. We've noticed that the majority of stocks are actually trading in ranges that we consider to be neutral. Neutral trends that have been in place really since June since the beginning of the summer and even a tad bit before that, and could last several more months. I mean, these are the stocks that many portfolios already own in some cases and have been generally less volatile, then the indexes And that Actually, these stocks that you may already own that have not participated in the upside, actually have a larger influence from the big tech names in depending upon what industry or sector therein. So to us, it's actually a sign that the overall market is in a slowly recovering trend, while the more volatile Gogo aggressive growth stocks Go on either end. Of the performance spectrum really continued to dominate the news. These air Cos. People calling here like today to the show, they're mentioning stocks that have dominated the news. For the last several weeks or months and attention really that maybe they're gaining attention, These types of stocks and maybe a distraction from a portfolios Primary mission. Take, for example, somebody who's investing in good quality blue chip dividend companies that maybe have not grown or gone up that much in this cove in 19 environment. Right coming out of this covert 19. We're not out of it yet. But in the 19 recession, you know, looking at stocks that have not participated with the overall market. Maybe they've paid you a quality dividend. Based on your investment objectives or your risk tolerance and they've done okay. They've held up Toad. The line, but they're not keeping up with the Joneses, so to speak. They're not keeping up with the other high flying tech stocks. But yet these tech stocks aren't paying dividends because their growth oriented companies right and yet some people when I mentioned about, you know, looking to kind of abandoned your primary mission of your investment portfolio, there are some that are willing to part ways. With some of these good quality blue chip, dividend yielding companies on Ly because they're paying a dividend, and maybe they're down a little bit in value. They haven't made much money they have or they haven't gone up a lot in value. They've been neutral, but they're not doing what thes tech stocks are doing as Faras performance. These companies, the other tech names that are dominating the news, so people are actually considering which baffles me. Getting out off some of these good quality blue chip stocks and wanting to reposition into trying to own some of you know these tech names and The combination off a market of a stock market in which a number of large stocks have made big move to the upside along with some of this, the spike we've seen recently. In the speculum option trading. All this has added to the volatility in the stock market and that it was already high volatility was already high due to the pandemic. And now you know, we're seeing a changing public sentiment and the news is helping the news helps that the public change their sentiment, and this type of news that's generated on a daily basis is causing You know this sentiment to change, and it just creates a more volatile stock market environment where each big day looks like either the start or the end of a move. To create probably a very confusing period for investors. When you get a big day to the upside or big data. The downside people seem to talk about it a lot more, don't they? You know how often do you have that conversation? Or at least it's interesting when we receive phone calls. You know if you have a date with the Dow Jones, maybe up 100 points are down. 100. It's flat. Seems like the phones don't really aren't art is lively. If you were the phone calls, so to speak. Then all of a sudden you get a down day with the Dow's down 1000 points. Man. The phone seems like it's ringing or the Dow's up 1000 points. People want to know. Hey, what's going on the markets should we be investing? It's just interesting to see in the net effect of all this mixed action, I think right now is a market that is easing back from an overbought condition. Where many of the previously stronger stocks are developing now, some corrections while the bulk of these stocks that were in the trading range is, as I said earlier, maybe could last. This neutral pattern could last through year end. And create an overall consolidating market that may not make a lot of progress for the rest of this year. So with that I've got to take my final break here on the program again. You're listening to the weekly wealth report here on Wcbm Talk radio. That's 6 80 am call in number.

RBC Wealth Management China Joneses Gogo
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

03:00 min | 1 year ago

"rbc wealth" Discussed on WCBM 680 AM

"You have mentioned that you need to really sit down with your financial adviser. If you cant meet in person. Hopefully you're doing Ah Webex meeting or some type of meeting via your computers. You're able to call them if anything on the phone on review your statement. Your investments figure out what your strategy is moving forward. Do you have some pretty sizable profits that maybe you should be protecting because of this market being overboard? On this short term basis, and I think what this means to us and I say to awesome, referring to RBC Wealth Management. RBC Capital Markets is that after a peak develops Hey, pull back could develop. That may be even more volatile than the move to the upside, So I don't think you know we had a little bit of a big hit on Thursday. I don't think it's nowhere anywhere near what could pot We've had a couple of days back. I remember when the pandemic and covert 19 you know, everything was really starting to melt down with a couple 1000 plus point. Down days on the market, right. So a little 800 point drop is in. My opinion is a drop in the bucket compared to the possible volatilities. We could see you moving forward. If this market does have AH, pull back and any pullback may also be concentrated. In those stocks that have had the largest move to the upside as generally speaking, you look at their support or their potential support levels. The potential support levels on some of these tech stocks are the furthest below current levels compared to the majority of stocks. You know, so we look at the potential support levels and they're way down there below where the majority of other stocks would be and those those other stocks that are not nearly as extended as some of those tech stocks last Thursday, when the market's melted down and you saw some of these tech stocks down 10 15 $20. Per share. And you're like, Oh my God, These are pretty big drops. What's going on with these stocks also have rallied the fastest. They have a lot more to give up in terms of profit because they're they're floor. Their support level is much lower. So we see this as a time to maintain an investment plan. You've got to have an investment plan. You have to have communication with your financial advisor, your financial planning team. I'm absolutely baffled when we received a phone call from a referral from a client or somebody calling in from another professional who has made a referral from one of their clients. And they said, Tim, can your team help us The these clients need to review their financial plan. Frankly, you know, it's it needs some work, or they don't have one where they have an investment account that needs to be reviewed. Can you take a look at it? And one of the questions I often ask is I talk about and maybe I probe on other subjects, but we talk about the relationship. And the communication..

RBC Wealth Management RBC Capital Markets Tim advisor
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

05:21 min | 1 year ago

"rbc wealth" Discussed on WCBM 680 AM

"To another edition of the weekly wealth report. With myself Tim Herb and a special guest Brian Betts. And as I said before, Brian, his father, his brother and their family office our general agents here locally that assist RBC Wealth Management. And the insurance planning area on providing their expertise. So this morning we wanted to really use this opportunity. And some of you may be disappointed that we're not. I'm not providing you with a typical weekly recap. Talking about the market closed the market activity What transpired with the economy here this past week, talking about market performance in sectors and technical analysis, etcetera and taking questions from you all the listeners about your own, maybe financial planning enquiries and again. I apologize for that. But when I bring in a guest, we have a lot to cover. And so this morning and and having Brian come on the show. We wanted to talk about insurance planning and the importance of insurance planning, as it applies to your financial planning and or creating your family legacy. And one of the topics the last two segments of the show I want to talk about is if you're a business owner. I want to know if you're listening to the programme here you're joined. You know, here with Wcbm talk radio tuned into the radio, listening to the weekly wealth reporting your business owner. I'm going to cover this in the next segment, But this segment I want to talk about very briefly. Brian Long term care. We mentioned it. We talked about how his life insurance in long term care coverage is fit into financial planning, legacy planning. But how often should somebody really begin to evaluate long term care? Or when there's a better question? When should an individual family husband, wife, spouses begin to really look a long term care coverage as an option? Ah, you know, I get this question on time. I would say around age 50 really is the optimal point to start Having that conversation. Um it's often difficult at age 50. Because the that person is not necessarily thinking about I'm like it's sick one day and they need assisted living or nursing home. In the left. They have some sort of experience with a family member, a close friend. But at age 52 55 is really the optimal point to start having that discussion because the costs are the lowest, you know. More frequently. We're having that conversation with clients in the 62 65 range and again, it's not about point in time to start having a conversation. That's a little bit more expensive. But once you get Around 75. There's there's pretty much not much that you can do in terms of long term care, planting that once you get to 75 75 over that really becomes very difficult conversation to have as far as being able T obtain coverage for long term care. And before that, say somebody out there today is a business owner, you know, or or an individual whose family husband, wife got Children and there Putting your kids through college in their 50 55, maybe even 60 years of age and to your point a second ago. They just don't feel like a long term care is necessary for them. They're in good health. Everything's moving along great, and the one belief they have is a long term care is expensive, and they'd rather put those dollars somewhere else. Like I said towards college. Funding for their Children, maybe their grandkids whomever eyes that often a misconception based on the expense of long term care is that why people typically avoid getting it at at a younger age? It is. It's definitely one of the misconceptions and you know again, the younger you start having those conversations or start thinking about that, the lower that the overall cost is going to be for you. But I mean, what I think is we spoke about was reviewing existing insurance and Once you get Age 55 in the kids. Your Children are either out of school almost out of school. You are nearing the retirement age if you have any existing life insurance that was purchased To protect your income. You're in that phase where your needs are starting to change in. One of the things you Khun do is reposition your existing permanent life insurance into an insurance policy that provides a long term care benefits and again if there's cash value in there, rolling that cash value repositioning the insurance policy. Significantly lowers the cock. I mean, some people are even to our you are even able to not have to pay premiums going forward. You know they can completely turn those premiums have enough cash. I have enough cash value Brian built up in their past or previous insurance policies. That's why they wouldn't have to come out of pocket. Correct. And so I want to welcome you know, for the listeners out there today that have really learned a lot from having Brian on the air here on part of our show, the weekly Wealth report. If you want a.

Brian business owner Brian Long RBC Wealth Management Brian Betts younger age Tim Herb Wcbm Khun
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

01:33 min | 1 year ago

"rbc wealth" Discussed on WCBM 680 AM

"20 again for 10 3165320 I'll be back right after this break short terms about the heat and humidity By the time we hit Tuesday and Wednesday ends up coming work week is all about the path of hot, muggy today with some scattered storms pop this afternoon or high low 90 next round, 101 Watch out. Rainfall. Better chance showers tonight Straight thunderstorm Low in the low seventy's. John showers and then straight from again on Monday, High eighties. They're all about where the path of these ideas will be. On Tuesday, Wet David highs for seventies eighties Wcbm. Did you know that 57% of high net worth households have applied for credit or alone within the last three years? Adhering to a disciplined investment strategy is important. Yet if you ever encounter cash flow issues, you may be forced to dip into your investments to maintain your investment portfolio while meeting your cash management needs You may want to take advantage of the RBC Premier Line of credit. Consider a revolving line of credit secured by one or more of your eligible investment accounts. If you need to re finance high interest debt, pay off a tax bill finance a major purchase or even remodelled your home, you'll have your choice of fixed interest rate periods, flexible payment options and competitive interest rates that are based on live war, which has historically been lower than the prime rate to learn more about the benefits of the RBC Premier Line of credit, called him her before. Well Advisor with RBC Wealth Management before 10316 53 24 10316.

RBC Wealth Management Advisor John
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

01:49 min | 2 years ago

"rbc wealth" Discussed on WCBM 680 AM

"Tim her dot com RBC wealth management a division of RBC capital markets LLC member NYSE fin rot separate prescription price record online physician consultation are only available in the position to terms prescriptions procreate see website for full details Hey guys good news the outrageously expensive little blue pill is now to Merrick which means you can get the prescription medication to treat eating at affordable prices and hymns makes it extra affordable right now your first month supply for free all you pay is just five dollars for your medical consultation when you go to for him dot com slash joy after that it's just thirty Bucks for a month supply sure beats paying big Bucks for just one blue pill doesn't it plus you will need an awkward and person doctor's appointment to get the prescription him says doctors online who can prescribe the medication and a pharmacy since it right to your door it's affordable private and incredibly easy nobody likes dealing with the D. now thanks to Hans nobody has to that's really good news to get your first order for just five Bucks you need to go to this exclusive address for him stock com slash joy that's for hymns dot com slash joy for your first month for just five Bucks F. O. R. H. I. M. S. dot com slash joy did you know that fifty seven percent of high net worth households have applied for credit or a loan within the last three years and hearing to a disciplined investment strategy is important yeah if you ever encounter a cash flow issues you may be forced to dip into your investments to maintain your investment portfolio while meeting your cash management needs you may want to take advantage of the RBC premier line of credit consider a revolving line of credit secured by one or more of your eligible investment accounts if you need to re finance high interest debt paid off the tax bill finance a major purchase or even remodel your home you'll have your choice of fixed interest rate periods flexible payment options and competitive interest rates that are based on a live war which has historically been.

Merrick Tim RBC capital markets LLC Hans F. O. R. H. fifty seven percent five dollars three years
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

01:51 min | 2 years ago

"rbc wealth" Discussed on WCBM 680 AM

"Been lower than the prime rate to learn more about the benefits of the RBC premier line of credit called him herbal financial adviser with RBC wealth management four one zero three one six fifty three twenty four one zero three one six fifty three twenty RBC wealth management a division of RBC capital markets LLC member NYSE Fenris poorer well three with your host him heard on talk radio six eighty every time you go welcome back investors in W. C. M. listeners Tim herb of RBC wealth management for other live edition of the weekly wealth report here on W. CBM talk radio six eighty eight AM I give him a question you'd like to chime in on what I'm talking about feel free call the all of the office call the studio here four one zero nine two two six six eight zero happy to take your phone calls if you'd like to discuss something personally about your own investment plan one thing I do want to mention people have **** in the passes at we have something we like to discuss but we don't want to bring it to the radio show will want to ask it on the air in in public I get that so if you want to call my team at RBC wealth management that phone number you want to schedule a review meeting I have a take a look at your portfolio of your soon to be retiree here there's a lot of companies in the area and many individuals based on their retirement plan or their benefits often seek some counsel for the A. putting together a retirement plan feel free to call the office four one zero three one six five three two zero again for one zero three one six fifty three twenty.

Tim herb RBC RBC capital markets LLC W. C. M.
"rbc wealth" Discussed on KCRW

KCRW

03:26 min | 2 years ago

"rbc wealth" Discussed on KCRW

"To you by RBC wealth management will be sticking with us through the evening tonight at seven it's left right and center look at Robert Muller's testimony was it a win for Republicans and a bloated Democrats discussion of that and much more force will also find out the panelists favorite tweets of the week it's tonight on left right and center at seven six fifty currently at KCRW this is All Things Considered from NPR news I'm very that was killing and I'm ari Shapiro democratic presidential candidates are not just throwing their support behind ambitious policy proposals like Medicare for all they're getting into the finer details of how to implement these programs despite the fact that Congress is unlikely to pass them no matter how next year's elections turn out so what is the value of these debates for voters here's NPR's Daniel Kurtz Laban Elizabeth Warren introduced one of her presidential campaigns major proposals this week a plan to cancel six hundred forty billion dollars in student debt she thanks South Carolina representative Jim Clyburn who is introducing it on the house side we're not likely to get both the Senate but have a chance to work it through the hell so we can iron out any Kinks and get it ready to go but even if Democrats win the White House and hold on to the house and when the Senate they would still need to find the votes to pass this bill some current democratic lawmakers are skeptical of debt cancellation plenty of other campaign trail issues similarly divide Democrats for example the green new deal court packing and Bernie Sanders Medicare for all proposal the time is now to expand Medicare to every man woman and child in this country all of which raises a tough but basic question if a policy doesn't appear to have a route to passage what does debating it even accomplish some of it is the long game according to Lani Chen who is policy director on the twenty twelve Mitt Romney campaign the campaign does serve their purpose of priming people or helping them to understand the contours of the debate so that when you get to the time that you're actually trying to pass legislation people of already had exposure to the issues at play so even if a policy like Medicare for all doesn't pass in the next democratic presidency talking about it now could lay the groundwork for later or help the less drastic plan pass like a public option all of this debate comes at a price however says Robert Blendon professor at Harvard's T. H. chan school of public health talking this much about Medicare for all he says takes oxygen away from issues that might pass more easily and that are more pressing for voters they're actually not talking that Medicare for all redo of the affordable Care Act you're focused on their own pocketbook issues high drug costs charges by hospitals and insurance premiums that may be true of voters generally but many democratic primary voters are very interested in Medicare for all and argue that it would tackle those very problems in addition to the substantive debate putting bold ideas out there can help candidates tell particular stories about themselves says Jennifer palmeri director of communications for Hillary Clinton's twenty sixteen campaign how voters that you think you get the depth of the problem and it held voters that your inclination is to have a very bold solution and and well beyond the policy that help something about the kind of person you are for example.

RBC six hundred forty billion doll
"rbc wealth" Discussed on WCBM 680 AM

WCBM 680 AM

01:44 min | 2 years ago

"rbc wealth" Discussed on WCBM 680 AM

"Tim herb of RBC wealth management for the weekly wealth report call in number four one zero nine two two six six eight zero I'll be back right after this break prescription price required online physician consultation and are only available in the position to turn the prescription is appropriate see website for full details Hey guys good news the outrageously expensive little blue pill is now generic which means you can get the prescription medication to treat eating at affordable prices and hymns makes it extra affordable right now get your first month supply for free all you pay is five dollars for your medical consultation when you go to for him dot com slash Dr after that it's just thirty Bucks for a month supply sure beats paying big Bucks for just one blue pill doesn't it plus you won't need an awkward and person doctor's appointment to get the prescription ends has doctors online who can prescribe the medication and the pharmacy since it right to your door it's affordable private and incredibly easy nobody likes dealing with the D. now thanks to Hans nobody asked you and that's really good news to get your first order for just five Bucks you need to go to this exclusive address for him is dot com slash doctor that's for him dot com slash doctor for your first month for just five Bucks for hymns dot com slash doctor prescription price required online physician consultation only available if the physician determines prescriptions appropriate see website for full details Hey guys good news the expense of a little blue pill is not generic which means you can get the prescription medication to treat E. D. at affordable prices and now get your first month supply for just five dollars at four him dot com slash Jack hymns connect you with real doctors online who can prescribe the medication and the pharmacy said the right to your door so easy to get your first order for just five Bucks you need to go to for him dot com slash Jack that's for him dot com slash Jack time's running out to win five thousand dollars a week for.

Tim herb E. D. Jack time RBC Hans five dollars five thousand dollars
"rbc wealth" Discussed on KCRW

KCRW

01:35 min | 3 years ago

"rbc wealth" Discussed on KCRW

"Four terms in two years later governor Jerry Brown, finally leaving Sacramento. We're going to hear from Brown at his ranch and collusive county and don't expect him to write quietly off into the sunset, plus one year end we'll have a look at the highs and lows of marijuana legalization in California. That's next time on morning edition with cherry. Police are weekdays till nine right here on KCRW KCRW sponsors include RBC wealth management advisors dedicated to offering personalized investment management expertise to help strengthen financial security, RBC wealth management dot com slash strength. Coming up on all things considered a chat with Sarah spellings of New York magazine about what fashion trends to watch out for twenty teens stay with us for that. And coming up next hour, the partial government shutdown has entered the two week Mark with no resolution in sight, President Trump and lawmakers met over the stalemate today, but did not reach a deal to reopen. The government Democrats assessment was a lot less rosy. You're going to hear more about that. Coming up tonight chargers at Phoenix to take on the sons and the clippers rather at Phoenix to take on the sons their last game was Tuesday. They lost Philly. No way to really start the new year Lakers tipping off tonight at seven thirty. There have staple center against the New York next. Look at traffic now with all the atoms. On the southbound four zero five at Lakewood boulevard, we have a collision there that one's now. In the carpool lane southbound five at paramount. We have a collision there involving a motorcycle that one's in the center divider and the number one lane and things are starting to pile up. There also southbound one zero one at western a stalled vehicle that's moving to the right shoulder. Partly thanks so much. We'll get more clouds tonight. And.

Jerry Brown Lakers KCRW RBC Phoenix New York magazine government Democrats Sarah spellings Sacramento President Trump marijuana collusive county New York California clippers Philly paramount two years one year two week