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Trends with Benefits #125: Financial Planning Strategies for Uncertain Markets with Katy Song

September 10, 2024

Listen Time 40:11 MIN

This episode covers some of the top financial planning goals facing families, including homebuying, childcare, long-term care, and college funding.

Looking to buy a house? Pay for childcare? Plan for your children’s college? All of the above? If you’re feeling overwhelmed by these, you’re not alone. Katy Song, Chief Financial Planner at Domain Money, shares financial planning strategies and valuable insights about home affordability, tracking your gross income and spending, and the pitfalls of 529 plans.


Show Notes:

02:49 Mortgage rates and the cost of buying a house

04:45 Planning to buy a house

10:30 Paying for childcare

11:55 Caring for aging parents

13:37 Insurance planning

15:31 College planning

19:53 Pitfalls of 529 plans

24:25 Do you know how much money you make?

28:14 Katy’s background

32:45 What’s next for Domain Money

34:24 Long-term trend

35:35 Trend or fad

Trend or Fad

Listen for Katy’s take on T-bills, return-to-office, the energy transition, and full-body deodorant.

Follow Ed Lopez @thatEdLopez on Twitter.

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IMPORTANT DISCLOSURES

Please note that Van Eck may offer investment products that invest in the asset class(es) discussed in this video.

The views and opinions expressed are those of the speaker and are current as of the video’s posting date, and are not necessarily those of VanEck or its other employees. Video commentaries are general in nature and should not be construed as investment advice. References to specific securities and their issuers or sectors are for illustrative purposes only. This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned are unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data.

All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future performance.

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of Van Eck Securities Corporation.

© 2024 Van Eck Associates Corporation.

666 Third Avenue, New York, NY 10017.

IMPORTANT DISCLOSURES

Please note that Van Eck may offer investment products that invest in the asset class(es) discussed in this video.

The views and opinions expressed are those of the speaker and are current as of the video’s posting date, and are not necessarily those of VanEck or its other employees. Video commentaries are general in nature and should not be construed as investment advice. References to specific securities and their issuers or sectors are for illustrative purposes only. This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities, financial instruments or digital assets mentioned herein. The information presented does not involve the rendering of personalized investment, financial, legal, tax advice, or any call to action. Certain statements contained herein may constitute projections, forecasts and other forward-looking statements, which do not reflect actual results, are for illustrative purposes only, are valid as of the date of this communication, and are subject to change without notice. Actual future performance of any assets or industries mentioned are unknown. Information provided by third party sources are believed to be reliable and have not been independently verified for accuracy or completeness and cannot be guaranteed. VanEck does not guarantee the accuracy of third party data.

All investing is subject to risk, including the possible loss of the money you invest. As with any investment strategy, there is no guarantee that investment objectives will be met and investors may lose money. Diversification does not ensure a profit or protect against a loss in a declining market. Past performance is no guarantee of future performance.

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of Van Eck Securities Corporation.

© 2024 Van Eck Associates Corporation.

666 Third Avenue, New York, NY 10017.