December 2, 2023

This week on “Money Talks,” Chief Investment Officer Troy Harmon, CFA, CVA, is joined by Managing Associate D.J. Barker, CWS®, and Associate Giuliana Barbagelata, CFP® to cover the week’s market action, New Home Sales, the second reading of third-quarter GDP, and the Conference Board’s Consumer Confidence survey. The financial experts provide advice for a couple of investors fortunate enough not to need all of their required minimum distributions from their retirement accounts for living expenses. D.J. and Giuliana explain how they can direct that money to their favorite charitable organization and the still receive tax benefits. The hosts finish this week’s show with a listener’s question on online fast fashion retailer Shein’s filing for an IPO.

Timestamps and Chapters

00:00 Market Roundup: Covering November27 – December 1, 2023
22:28 Case Study: Qualified Charitable Distributions
33:28 Q&A Time: Shein’s IPO

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Tagged Qualified Charitable Distributions, QCDs, China, required minimum distributions, IPO, GDP, initial public offering, Shein, IRAs, Fast fashion retailer, S&P 500 index performance, Conference Board Consumer Confidence Survey, New Home Sales for October, Roth IRAs, Charitable Giving