Broker Check

Mind of a Millionaire: December Market Update

December 31, 2018
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Welcome to another episode of Mind of a Millionaire. On this podcast we study the habits, routines, and choices that lead to financial independence. If you haven’t already, subscribe to our podcast on iTunes and Stitcher. Follow us on Twitter: @ZakAndBlair and check out our Facebook page.

As a local investment firm, we are currently striving to keep you updated with market behaviors and insights. We want you to maintain a strong understanding of your money. This week our podcast is short and sweet; it’s all about the December markets. Every month we have a team portfolio meeting with all Denver Wealth Management advisors. In these meetings we review the returns of every asset class and the returns of all of our investment managers. We also look at performance metrics, interest rates, and economic forecasts for the month.


There are two main reasons this has been a weird year for the market [1:17]:

  1. The economy is doing extremely well [1:24]
  2. Long economic expansion [1:42]

“Are we going to get a 20% or 30% pullback?” [2:15]

Why did the market drop Tuesday, Dec. 4th? [2:37]

-          Interest Rates

How do you handle those fluctuations in the market? [3:40]

-          Interest Rate Effect on Bonds

-          Tax -Loss Harvesting [5:29]

Thanks for tuning into the Mind of a Millionaire podcast. If you have any financial planning questions, market questions, investment questions, etc., please call or email us. We would be happy to answer all of your questions.

Follow us on Twitter: @BlairAndZak and like our Facebook. If you like what you’re hearing on these podcasts, please hit that subscribe button.


The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

No strategy assures success or protects against loss.

All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly.

The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful.

This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.

The information in the links above are being provided strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. We make no representation as to the completeness or accuracy of the information provided at these web sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to your use of third-party technologies web sites, information and programs made available through this web site. When you access one of these websites, you are leaving our web site and assume total responsibility and risk for your use of the web sites you are linking to.