As stocks continue to climb, some investors wonder when to jump out according to the Wall Street Journal. Many worry about being heavily invested in stocks-- during what appears to be the late stage of an economic cycle. Similarities are being drawn to 1999 and 2007. What happened next was not good for retired investors who did not make adjustments beforehand. The S&P 500 is on track for the BEST four-month start to the year in more than THREE decades, posting a 16% gain to within less than 30 points of a record! While the index’s surge has been a surprise to many investors, it is a justifiable concern to others. Today, we'll review an in-depth Wall Street Journal report on the market, and then how to build retirement wealth the SMART way. 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!
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!
Cannabis stocks have been a volatile but largely outperforming group in 2019. Plenty of marijuana stocks, including Aurora Cannabis(ACB), Canopy Growth (CGC), and Cronos Group (CRON), have soared over 50% in 2019. The gold rush mentality is alive and well, but analysts at Bank of America Merrill Lynch warn that while some companies are living up to the hype, others have risen too far, too fast—and investors could get burned. Today, we'll continue our educational series on cannabis and marijuana-related stocks and then Steve interviews one of the cannabis industry's leading spokesperson, Todd A. Harrison, an investment consultant and former Morgan Stanley vice president of Global Derivatives, followed by advice on building retirement wealth the SMART WAY. ....MASTERING MONEY is on the air!!
Have you wondered who is right about raising or lowering corporate taxes? How do corporate tax rates affect the economy, the stock market, and American wages? According to the Tax Foundation, one of the most significant provisions of the Tax Cuts and Jobs Act of 2017 was to permanently lower the federal corporate income tax rate, decreasing it from 35 percent to 21 percent. Prior to the Tax Cuts and Jobs Act, the U.S. combined corporate income tax rate was the HIGHEST in the world. Many corporations fled the country, taking jobs and tax revenue with them, to countries like Ireland which has a 12.5% corporate rate. Today, we'll explore the empirical evidence on corporate tax rates, and it may shock you! Then, health insurance and Medicare specialist Shelley Grandidge joins us for the Q & A. You don't want to miss today's show. MASTERING MONEY is on the air!!
While history shows that the stock market has finished in positive territory about seventy percent of the time over the past hundred years, you have no idea where it will end up this year because we live in a random world, with random markets, besieged by random events that are not only hard to predict but sometimes even hard to imagine! Investing is a risk, and you always want to gauge the risk you are taking against the possible reward and the potential impact on your future financial plan. Today, we'll review several ways to measure risk and explore some real-world results of dividend investing. Then, estate and probate Attorney Libby Banks joins us for the Q & A. You don't want to miss today's show, 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!
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!!
In 1875, the American Express Company established the first pension fund for employees in the United States. Due to favorable tax laws, pension plans quickly became a staple of the American workforce. By 1980, 35.9 million workers, or 46% of all private sector workers and almost all government workers retired on pensions. In 1978, however, the U.S. Congress passed the Revenue Act of 1978, which resulted in the first 401(k) plan. Since then, pensions are getting fewer and farther between. And many of the plans remaining, are suddenly on shaky ground. According to the Wall Street Journal, the long bull market has failed to fix the shortfalls. Today we'll review a Wall Street Journal report on why it's happening and how it's happening, then Steve reviews today's best paying annuities. Don't miss today's show. MASTERING MONEY is on the air!!
We've all watched popular shows on HGTV like the Property Brothers and Fixer Upper. Well, according to the Wall Street Journal, House Flipping Is Back to pre- 2008 levels, but the game has changed. The hottest areas for flips are not Las Vegas and Phoenix. Birmingham Alabama, Memphis, and Philadelphia are showing the biggest profit margins on flips according to Core Logic and the Wall Street Journal. The Journal says that 10.6 percent of homes sold in the U.S. in the fourth quarter of 2018 were flips defined as having been owned for less than two years. According to CoreLogic, that’s near the level of the first quarter of 2006, when 11.3 percent of homes sold were flips and the highest fourth-quarter level in the two decades. Steve and I will review the Wall Street Journal report, then real estate Mortgage expert Mitch Boxberger joins us for a timely Q & A. You don't want to miss today's show...MASTERING MONEY is on the air!