Ep.13 - part 1 - Q&A: Many people say a stock market bubble is about to pop, is it time to sell and take some profits?

An important lesson from this episode: “The timing  of your big investments and withdrawals in the market, even when you think the market is underpriced or overpriced, should only take place based on your long-term strategy” by Jake McClure   As always, Jeff and Jake from The Personal Wealth Coach talk about the market and answer the following questions from listeners.   Market updates @5:27 “The market was up not because Joe Biden was elected. That’s because somebody was elected.” @7:52 1st question "What is an index? What is direct indexing?" @13:20 2nd question "Is it true that Social Security, Medicare, and the interest on the national debt consume up to 90% of the government revenue?" @31:32 3rd question "How and why do existing companies issue additional stock?" @38:56 4th question "More and more articles say the market is overpriced, is it time to sell and take some profits?" @42:56   This episode was recorded on January 23rd, 2021.  If you would like to contact us, please send an email to us at [email protected] or [email protected] You can also send a message to us through the contact form on our website (tpwc.com).  We are happy to address any of your questions about Economics and Finance.   **The information we are presenting during the podcast is for educational purposes only and is not considered investment advice.