Announcer:                        00:00                     You’re
tuned in to the Investing for Beginners podcast. Finally, step by step premium
investment guidance for beginners, led by Andrew Sather and Dave Ahern. To
decode industry jargon, silence crippling confusion, and help you overcome
emotions by looking at the number, your path to financial freedom starts now.

Dave:                                    00:36                     All
right folks, we’ll welcome to investing for beginners podcast. This is episode
131 tonight. Andrew and I are going to talk a little bit about the upcoming
year. So Andrew had a great idea, and we’re going to talk about the year 2020
and things to consider for your investing and your personal finance in upcoming
years. So Andrew’s got a whole list of things for us to talk about. So I’m
going to go ahead and turn it over to my friend and we’ll get going.

Andrew:                              01:03                     Well,
thank you, friend. You’re welcome. So many of the different things we can talk
about. I want to talk about like the fed politics things and big themes to look
out for next year. All sorts of things. I think it’s good to start with
unemployment statistics. The latest figures for unemployment this is last
month, November 2019, it’s down to 3.5%. So to me, when I think about what that
means and how we look at the course of our finances, right? You want to make
hay while that while the sun is shining and you, you want to look at a time
like this where unemployment is so low as a time where you should be saving and
not spending.

Andrew:                              01:55                     So
I think if you think about, you know if you’re gainfully employed, and you
know, I’m assuming a lot of people who listen to us now probably are, and
they’re looking to grow their money. This needs to be a time where you build an
emergency fund, you increased contributions to the various personal finance