09.08.26 Ask An Advisor With Wes Moss
Summary
In this episode of Ask an Advisor, Wes Moss argues that the "K-shaped" economy is a misleading metaphor, proposing an "E-shaped" model that better reflects the wealth effect, tight labor market, and rising side-hustle income. He also warns that rising interest rates will increase borrowing costs and negatively impact bond values in retirement portfolios. The segment concludes with listener Q&As on managing dry powder, balancing liquid assets, and the importance of core pursuits over sleep for retiree happiness.
Topics discussed
Sponsors: LinkedIn Hiring Pro and Gatorade Light
Introduction and bonus episode announcement
Critique of the K-shaped economy narrative
The E-shaped economy: wealth, jobs, and side hustles
Listener questions: Dry powder definition and origin
Managing dry powder in retirement portfolios
Can I afford it: Buying a dream car with $3M net worth
Liquid vs. total net worth ratios and liquidity
Sponsors: LinkedIn, Gatorade, United, Tidy Cats, Visible
Impact of rising interest rates on bonds and 401(k)s
Retirement allocation, AI advice, and human planners
Investing an 82-year-old's $850k cash reserve
Core pursuits vs. sleep for retiree happiness
Outro and Verizon NFL Sunday Ticket promotion
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