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Wealth Unplugged

Episode 010 - Market Chatter – January 2025: Results of 2024 & A Look Ahead
Guest: Adam Van Wie, CFP®, MBA
| https://strivuswealth.com/

With 2024 in the books and a new president in the White House, what investment strategy should you be adopting to make 2025 a success?

Our hosts, Joey Loss, and Adam Van Wie, reflect on the technological and geopolitical shifts that have shaped last year’s market and what to expect going forward.

They look back at the remarkable performances of the NASDAQ and S&P 500, and how policy changes under Donald Trump’s administration might shape the future for small businesses. They share their thoughts on the Trump tax law extension, especially the QBI deduction, as a vital lifeline for entrepreneurs.

Changing focus to the dynamic forces driving market trends, Joey and Adam break down the AI boom and the recent surge in consumer discretionary spending. They also chat about how NVIDIA’s standout performance in the semiconductor industry serves as a testament to technology’s intertwined role in market health.

A common question they’ve been getting at the turn of the new year is the best way to invest in AI moving forward. Joey and Adam offer their take on this, alongside their thoughts on AI’s impact on job security,  and why we need more open-minded analyses of economic forecasts in a world brimming with both optimism and doubt.

Wrapping up, they explain why a diversified portfolio will always lead to more success than attempting to time the market or going all in on a single stock or sector.

Key Topics

  • Quick Market Return Stats in 2024 (02:38)
  • Discussing the Implications of Trump’s Inauguration Speech (04:40)
  • Top Factors That Impacted the Market in 2024 (07:38)
  • “How Do I Invest in AI in 2025?” (12:19)
  • Is the Defense Sector Poised to Win? (17:38)
  • Short-Term Volatility in the Next 100 Days (20:40)

“[Not having adequate insurance] takes away your ability to continue building wealth as you had. It’s important to make sure you have that floor, to make sure when you take a step forward, there’s no step back.”

Our host Joey Loss explores the critical role of insurance in protecting your financial assets with personal injury attorney Rakin Hamad of Curcio Law. Rakin walks us through the fundamentals of personal injury cases, including liability, damages, and insurance coverage. He highlights the importance of adequate insurance and explains how negligence determines liability, using real-life examples to underscore the financial repercussions of insufficient coverage.

Joey and Rakin then shift focus to maximizing your insurance coverage for asset protection, particularly auto insurance. Learn about the necessity of bodily injury and uninsured/underinsured motorist coverage. Discover how matching your uninsured motorist coverage with your bodily injury coverage can shield you from significant financial loss. They also touch on the benefits of umbrella coverage for those with substantial assets, offering broader liability protection.

Joey and Rakin emphasize the importance of liability insurance coverage for both businesses and individuals. Through compelling case studies, they illustrate how the presence or absence of insurance can drastically impact financial outcomes. Understand the essentials of personal liability coverage within homeowner’s and renter’s insurance, and learn how to navigate rising premiums and ensure adequate protection. With insights into medical benefits coverage and bodily injury limits, they provide practical advice on safeguarding your financial future against unexpected liabilities. Listen in for a comprehensive guide to protecting your wealth through strategic insurance planning.

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