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The Best Path to Prosperity

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  • Description

    Empyrion Wealth Management CEO Kimberly Foss weighs in on the state of the markets.

  • Duration 3:39
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So -- -- earnings and the Fed how does all this play into the market.

From here on out the Federal Reserve as you know is on high alert but not ready to pull the trigger release another round of quantitative easing.

Yes good or bad news for the markets -- -- Kimberly fox.

CEO of and -- and wealth management.

He really -- he is -- have got to show.

I first did you take anarchy it used to set a shift to the down -- downside in sentiment just in the last couple weeks here we started out as a strong for US equities and it seems -- -- which take.

-- you know act I think it -- markets are free yet this is the best path to prosperity but.

With the Fed's not really indicate another -- three.

And people are kind of a little bit nervous about that maybe there's some down -- in a market that's what this is resulting -- But every idiot you -- 800 billion dollars in the market -- accident that -- the crisis.

It's crazy and have any -- -- a better life because of it for a QE1 QE2 or possibly QE3.

Yeah.

I -- markets are generally how good it is -- you don't need and that our large reason that's a big part why would probably not -- the ongoing rally but my question to you Kimberly.

The -- at the last meeting happened before we got the latest dismal jobs abroad also before the surprisingly bad ISM.

Readings on both manufacturing and services industries so.

What's likely that we actually do come and I'm not in favor of QE3 but it is the reality and it is what I think a lot of market players are are are waiting for.

It is 888 is an ending I think if Hillary -- Nanette story.

That there actually Q grabbed the team members of the -- -- actually -- explicitly say that.

That there are Kraft did include.

Act I QE3 out there are so so they're probably is an -- is that the best for us now.

And -- second band aid on the loans turning to Rick that -- it occidental conceit.

Where we can grow and we can and we can we can we can rally -- weekend Abbott then prosper again it's like that's you know -- As we don't let that -- you know what I need to visual very matter we -- -- that help.

You know a lot of other countries at the east.

And you have to question whether or not it's coordinated with her from Brazil Japan China.

So do you think Kimberly that the US is able to sort of back off because the rest of the world's going first.

Well -- the world is in worse shape than we are so.

I -- probably stand to gain from that Friday asked Robert dollar and then from investment capital coming here so that -- -- -- -- -- positive for the markets and -- Brad.

But the reality is investors today need to make sure that -- they protect their profits.

They they protect their principal and they created income stream it's not about the number that you create -- the income stream off of that so if you you have follows three keys.

Protect preserve and then profit you know the average investor out there is gonna make it through this volatile developed for the volatile markets and an -- again at the yeah.

Income stream -- -- -- ten years about one and a half percent on the -- so what's your advice.

Am -- finding -- inherent in that it.

From my clients -- -- social security act here approaching retirement you have maybe add about how look at pension plan.

They have good credit at your private investments in and and cap.

That did any constraint if it.

That is being constrained that's the number they get to create net income pop up so.

-- diversified globally that income could be also needs to be part of like emerging markets and me.

Each kept -- was at 41% last year you have to be involved with global in market at all times.

All right -- really -- thanks so much have a good afternoon.

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