Kitchen Table Finance

David Shotwell CFP(r) and Nick Nauta CFP(r)
Kitchen Table Finance

Grab a cup of coffee and join Certified Financial Planner Professionals (tm) David Shotwell and Nick Nauta as they discuss personal finance, retirement planning, portfolios, and how the news of the day might affect your financial plans.

  1. FEB 10

    Financial Disasters Unpacked

    In this episode of Kitchen Table Finance, Dave Shotwell and guest co-host Cole Williams take a deep dive into financial crises—focusing on the Great Recession of 2007–2009. They explore its impact on financial planning, investor psychology, and how those experiences shape decisions even today. https://youtu.be/iw3NV9gkARg What You'll Learn: How the Great Recession shaped financial attitudes across generations The emotional and psychological effects of financial downturns Lessons from history: Comparing 2008 to the Great Depression and other crises How financial advisors help clients navigate uncertainty and market volatility Why market timing is nearly impossible and long-term strategies win The role of behavioral finance in decision-making during downturns How financial resilience and adaptability can shape retirement planning Key Takeaways: 🔹 History Repeats Itself – Financial crises, while painful, follow patterns, and understanding past downturns can help prepare for the future. 🔹 Behavioral Finance Matters – Panic-selling and market timing can lead to poor financial decisions. Understanding biases like recency bias and action bias can help investors stay disciplined. 🔹 Resilience is Key – Individuals and institutions have shown time and time again that they can recover from financial disasters. 🔹 Planning for the Worst – Financial advisors use historical downturns to stress-test portfolios and help clients prepare for future crises. 🔹 The Importance of Liquidity – Having an emergency fund or access to cash prevents the need to sell investments at the worst possible time. Memorable Moments: 🗣️ “There was no all-clear signal that the market had hit bottom—it just slowly started to come back.” 🗣️ “If we sell now, you’re never going to make your money back. But let’s find actions that feel proactive without hurting your portfolio.” 🗣️ “The system is extremely resilient, and people are adaptable. That’s the biggest lesson from the Great Recession.” Resources & Links: 📌 Shotwell Rutter Baer Financial Planning 📌 Get in touch: info@srbadvisors.com 🎙️ Subscribe & Stay Connected If you enjoyed this episode, subscribe to Kitchen Table Finance on your favorite podcast platform!

  2. JAN 20

    2024 Q4 Review and Market Outlook

    Today, we’re conducting our Q4 2024 market review and upcoming market outlook. We'll examine what happened last year and what may lie ahead to help listeners set realistic expectations. https://youtu.be/pKRvkkmKZ9M 2024 Market Highlights S&P 500 Performance: 2024 closed with another year of +20% returns. Q4 Results: Large-cap tech stocks rose 7%, while large-cap value stocks declined slightly. International and emerging markets underperformed, but most asset classes saw positive annual returns. Market Resilience: Despite challenges, the market largely shrugged off concerns, including inflation, Federal Reserve actions, and geopolitical events. Labor Market Overview Strength and Stability: The labor market remains resilient with low unemployment, despite significant interest rate hikes in 2022 and 2023. Sector Variability: Growth is concentrated in healthcare and government sectors, while tech lags. Overall, the labor market is robust, supporting strong consumer spending. Interest Rates and Yield Curve Rates and Inflation: Interest rates have stayed higher than expected, with the Federal Reserve lowering short-term rates in late 2024. However, long-term yields have risen, signaling a return to a normal yield curve. Implications: A normal yield curve is a positive economic indicator, even if it frustrates those seeking lower mortgage rates. Elevated yields provide better returns for fixed-income investors. Glass Half Full: Positive Economic Indicators Resilient Economy: Strong labor markets and steady consumer spending support GDP growth. Higher Yields: Safer investments now offer real returns, benefiting income-focused investors. Policy Outlook: Growth-focused policies and deregulation could provide short-term economic stimulus. Glass Half Empty: Potential Challenges Inflationary Risks: Policies like tariffs and reduced immigration may drive inflation by increasing costs for labor and goods. Housing Market: High mortgage rates and limited affordable housing construction remain obstacles. Market Valuations: Two consecutive years of +20% returns may not be sustainable without corresponding earnings growth. Key Takeaways for Financial Planning Timing the Market: Just as timing the stock market is difficult, waiting for the "perfect" time to buy a house is unrealistic. Focus on personal priorities and long-term plans. Valuation Concerns: High market valuations require strong earnings growth to sustain current levels. Monitor earnings reports closely for alignment with market expectations. At Shotwell-Rudder Bear, our approach starts with a fit meeting to see if we’re the right match for your financial needs. Trust is the foundation of our relationships, and we’re here to help you create a tailored plan. Visit srbadvisors.com to get started today. You can also reach out by calling us at 517-321-4832 or info@srbadvisors.com. Don't miss an episode of Kitchen Table Finance by subscribing to our YouTube Channel.

    25 min

Ratings & Reviews

5
out of 5
3 Ratings

About

Grab a cup of coffee and join Certified Financial Planner Professionals (tm) David Shotwell and Nick Nauta as they discuss personal finance, retirement planning, portfolios, and how the news of the day might affect your financial plans.

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