Deepseek Disrupts the Markets, Nasdaq vs. The Dow, and Updating Beneficiaries - February 1, 2025

03/02/2025 34 min
Deepseek Disrupts the Markets, Nasdaq vs. The Dow, and Updating Beneficiaries - February 1, 2025

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Episode Synopsis

On this week's Retire Ready with David Nicholas, David and Mark discuss this week's headlines, including the emergence of a new player in the A.I. space from China, Deepseek. David expresses skepticism in China's honesty with how much the project costs. David also explains why The Dow might go up, but the NASDAQ could go down on the same day, as well as the importance of updating beneficiaires in retirement.For more information on retirement planning, visit NicholasWealth.com!Prepare for tomorrow, today. David Nicholas, founder and president of Nicholas Wealth Management, has been serving clients as a financial advisor for two decades.You've worked hard to build wealth for you and your family. Let David and his team guide you to and through retirement!Listen to Retire Ready with David Nicholas, Saturdays at 1 P.M. and 6 P.M.For more infomation on retirement planning, visit nicholaswealth.com!Disclosure: Nicholas Wealth offers investment advisory services and is registered with the U.S. Securities and Exchange Commission (“SEC”).  SEC registration does not constitute an endorsement of the advisory firm by the SEC nor does it indicate that the advisory firm has attained a particular level of skill or ability. Securities are offered through World Equity Group, Inc., member FINRA and SIPC.