Global spending on legal cannabis is expected to grow by 230% to $32 billion dollars in 2022 as compared to $9.5 billion in 2017, according to Arc View Market Research and BDS Analytics. The research is projecting that a majority of that revenue--nearly $23.4 billion dollars-- will come from the United States. The more certain opportunity in cannabis investing may well revolve more around getting WELL than getting HIGH. Cancer patients and those with other challenging medical issues are finding serious relief. Today on Mastering Money, Steve and I will begin an educational series on this fast-growing industry, along with opportunities and risks you'll want to keep in mind. Then health insurance specialist Shelley Grandidge joins us for the Q & A. You don't want to miss today's show, MASTERING MONEY is on the air!!
Investors often chase hot stocks-- and with over five thousand orders for its big new jets--Boeing was stock on most investors' radar the first few months of 2019. It’s still on the radar, but for different reasons. With regulators, airlines, and entire countries worldwide grounding their 737 MAX fleets until more is known, Boeing faces increased scrutiny and potentially fast-rising financial obligations that could continue to hurt the stock. Analysts estimate that the MAX plane model accounts for approximately two-thirds of Boeing's future deliveries and about 40% of its TOTAL PROFIT, underscoring its importance to the company’s business as a whole. Today Steve and I will review an inside report on what's happening at Boeing and whether you should buy or sell the stock. Then mortgage expert Mitch Boxberger of NEXA mortgage joins us for the Q & A. Don't miss it! MASTERING MONEY is on the air!!
Today on Mastering Money...It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of America’s most popular financial radio programs dedicated to the Stock Market, heard by millions of listeners—including Saturdays right here on Money Radio! After an update of the markets and today's breaking financial news stories, we'll take you to an exclusive broadcast of the Motley Fool Money Show--plus a whole lot more you SURELY won't want to miss! -- MASTERING MONEY IS ON THE AIR!
Is there a way of investing for retirement that may actually make you a happier person? A study by a Deloitte Advisory Research Group says the answer is yes. Research involving many retirees indicates there may actually be a certain way to allocate your money in retirement that can lead to less worry and a greater feeling of confidence about the future. The good news is that taking the right steps cost you nothing more, eliminates income failure from low-interest rates and can help build your overall net worth systematically. We'll share the research mentioned in the Wall Street Journal with you today along with proven methods for building retirement wealth, the SMART way. Don't miss it--MASTERING MONEY is on the air!!
Critics of President Donald Trump’s tax plan to significantly reduce business and personal taxes warned that the cuts would send the deficit skyrocketing by dramatically shrinking federal revenues. A study by economists at Deutsche Bank AG before the TCJA became the law indicated that the overall impact of President Trump’s tax cuts should not elicit so much angst and fear. In fact, the report said, its impact would be in line with the tax cuts made by two other Republican Presidents: Ronald Reagan and George W. Bush. Today, Steve and I will review a scorecard by a non-partisan think tank that calls the balls and strikes as they see them. Let's find out how this new tax law is actually doing. Then travel expert Ruby Kelly of Ruby Kelly Travel joins us for the Q & A. You don't want to miss today's show...MASTERING MONEY is on the air!!!
Today there is a lot of talk about the national debt of $22 trillion dollars, and for once that talk is being led by the Democrats! We can only assume it’s because a Republican is in office and we've entered the next presidential election cycle. Did we ever leave it? ... Today, our deficits are high, but it may shock you to know that they are half of Barack Obama's deficits when compared to our gross domestic product. A key question-- are we borrowing for the right reasons? Well, China and Russia are stepping up their military and cybercrime efforts exponentially. Should we build out the military to fend them off, Or just wave the white flag and surrender? Cutting the deficit matters, but it would require cuts in Social Security, Medicare, Medicaid, and the Military. Today, we'll break down the numbers on the current deficit you need to know. Then Shelley Grandidge joins us for the Q & A. You DON'T want to miss it! MASTERING MONEY is on the air!!
The upside of the stock market is that it can build exceptional wealth with great liquidity. The danger is that we take on the future being re-active rather than pro-active. The risk of a market crash can never be eliminated, but it can be mitigated. The reasons to diversify are everywhere you look, but the danger is that we as investors overestimate our ability to see danger coming. We simply can't. We believe that bad things happen to other people—research confirms it over and over. There are more than seven types of risk almost every investor is taking right now, and some of that risk is at or near an all-time high. Steve will review each of those risks today and how to build, grow and protect your nest egg. You don't want to miss it. MASTERING MONEY is on the air!
Today on Mastering Money...It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of America’s most popular financial radio programs dedicated to the Stock Market, heard by millions of listeners—including Saturdays right here on Money Radio! After an update of the markets and today's breaking financial news stories, we'll take you to an exclusive broadcast of the Motley Fool Money Show--plus a whole lot more you SURELY won't want to miss! -- MASTERING MONEY IS ON THE AIR!
Wall Street has long promoted keeping 60 percent of your money in stocks and 40 percent in bonds as the ultimate retirement strategy, claiming an average of 8 percent returns over time. Is that figure reliable, or is it just sloppy advice in light of today’s high markets and historic low interest rates? Brett Arends of the Wall Street Journal performed in-depth research to determine the viability and effectiveness of the 60-40 portfolio over the past 80 years. His findings? Except for two periods of dramatically declining interest rates, the 60-40 portfolio is in his words "full of holes." And today with bond rates so low, the risk of income shortfall from a traditional portfolio has never been higher according to Ernst & Young. Today, Steve will review exactly why your bond funds are at risk, and how quickly a retirement portfolio could be hurt if both stocks and bonds fall at the same time--which is a distinct possibility! You don't want to miss today's show...MASTERING MONEY is on the air!!
According to Dan Wiel, writing for the Wall Street Journal, dividend stocks are looking more attractive heading into 2019. Although the S & P 500 and the Dow have roared back after losses in the fourth quarter of 2018, many people are getting nervous. And when investors get nervous, they get defensive. And when investors get defensive, the record shows they move toward dividend stocks. The Journal says that the Federal Reserve’s shift to a neutral stance on interest rates following three years of rate increases is adding to dividend stocks’ appeal right now. Rising interest rates usually hurt dividend stocks by pushing bond yields higher, but with rates settling down again and markets looking for direction, dividend stocks make sense. We'll review the Journal report and how the Black Diamond Dividend Portfolio is positioned for growth. You don't want to miss today's show MASTERING MONEY is on the air!!