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Money Talks - November 18, 2017
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This week on "Money Talks," Principal Jennifer Thomas, CFP®, and Managing Associate K.C. Smith, CFP®, join Chief Investment Officer Troy Harmon, CFA, CVA, to discuss the market’s reaction to Congress’ progress on tax reform and whether there is anything in the fundamentals of the market to indicate a pullback may be coming. The experts discuss investors who hold on to a stock because they don’t want to pay taxes on the gains or they don’t want to recognize the loss. They look at GE as a current example, and how a concentrated position can be detrimental to your overall portfolio. They also go in-depth on a listener’s question on an automaker’s claim that the majority of passenger vehicles will be electric by 2023 and how investors can parlay that into an electrical utility play.
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