This is a YouTube video titled with a URL link, containing a discussion involving speakers named Grant and Charlie about investment strategies during economic volatility. The conversation focuses on reassessing retirement investments, concerns about future taxation, and aligning investments with personal values. There is no indication that Michael Martin is a participant in this conversation.
Grant, I know you got to be careful about giving individualized investment advice, but tell us about how you are thinking about this volatility and some of the principles that you think people should employ during economic uncertainty.
If you're invested in the stock market, you should be very. You should not panic right now, I would tell you and suggest that you should reassess what you're invested in, depending on your age. If you're in a 401k, Ira or Roth, I think, you know, people need to reconsider what that really is today. These are old vehicles that have been created that look like tax advantages to the public that Charlie, you and I have talked about before. I really believe these will not be great mechanisms for people in the future. They have been great for Wall Street. You know, these are $38 trillion has been invested in retirement funds that I am very concerned in the future, 10, 15, 20 years from now are going to be taxed not at the 19% they are now, but at, you know, 50 and 60 and 70%. Particularly if we had the wrong politicians, you know, at the table. But I would tell everybody, reassess what's in there. What companies do you really in? Do those companies that you're invested in actually match up with your moral compass? Because I think you'll find that many of those companies do not.