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Be Wealthy & Smart

Will Supply Chains be Normal for Holiday Shopping?

Be Wealthy & Smart

Linda P. Jones

Finance, News, Invest, Investing, Economy, Money, Financial, Business News, Business

4.8883 Ratings

🗓️ 18 October 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

Discover if supply chains will be normal for holiday shopping.

Are you investing well for financial freedom...or not?

Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest, makes a huge difference to your financial future and lifestyle.

If you only knew where to invest for the long-term, what a difference it would make, because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars.

Your compounding rate, and how well you invest, matters! 

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Transcript

Click on a timestamp to play from that location

0:00.0

Be wealthy and smart, episode 1417.

0:03.3

I'm gonna live no rich life.

0:07.3

A rich life.

0:08.3

If y'all know what I mean, put your hands up and declare with me

0:14.1

Yeah, I'm full of time I'm gonna live the good life I'm gonna live the good life

0:21.6

A beautiful and glorious night Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on

0:31.7

be wealthy and smart. And now here's your host, Linda P. Jones.

0:38.6

Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor, Empowering Women and Men Worldwide to Financial Freedom.

0:45.2

On today's show, we're going to talk about will supply chains be normal for holiday shopping?

0:50.7

Now of course we've had the port strikes, we've had hurricanes, we've had all kinds of things that can disrupt normal truck flow and import business.

1:01.0

And it was said that during the port strike that for every day of the strike

1:05.0

it took a week to normalize the flow of goods through the port. So how does it look this year

1:11.1

for the holidays and are we back on track? Well the good news is it is being

1:15.9

reported by DHL who is one of the main movers of goods and predictors of future holiday shopping trends who says that

1:25.6

promotional products are moving out of warehouses to retailers for the holiday

1:29.7

season and that's going pretty smoothly. Now there are expected to be slower shipments happening this year around Black Friday and Cyber Monday,

1:39.0

where it is said that the stores are going to take a little bit longer to ship goods and thereby reduce some of their shipping costs.

1:47.0

They think this will be fairly seamless and unnoticed by most consumers.

1:52.0

And as far as volume goes, it looks like the volume this year is like

1:56.7

last year or maybe even a little bit higher than last year. This week, the National

2:02.3

Retail Federation forecasts that winter holiday

2:05.0

spending would grow between 2.5% and 3.5% over last year and that's

...

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