Bass Pro Shops recently struck a deal to acquire Cabela’s Inc. for about $4.5 billion in cash, uniting two of the biggest sellers of outdoor sports gear. The companies are pioneers of the concept of combining a shopping center, entertainment destination, and store all in one. Find out how the CEO really got started and how they intend to compete in the age of Amazon. Then Steve answers debate questions from the moderator on how annuity bonuses really work, and what to be on the look out for!
Investors retiring and rolling over their 401ks to IRAs are faced with some of the poorest choices in a decade. Steve and Sinclair have the report on one rollover asset that is breaking records this year.
Harvard and Yale are at it again, and the competition is fierce. In the most recent battle, the score was Yale: 3.4%, Harvard minus 2%! Contrary to popular impression, universities earn their living not just by teaching and charging tuition, but by investing their endowments—in other words, the donations they receive. Once considered a great way to invest, endowment strategies have tanked, according to the Wall Street Journal. Steve and Sinclair have the report. Then Steve reviews when to avoid, accept, reduce, or transfer risk in your portfolio.
The average money market account in America is paying less than one-quarter of one percent ANNUALLY! But if you lived in Germany you'd be thrilled to get that much! The Wall Street Journal reports that over $13 trillion dollars worth of bonds and bank accounts worldwide are now paying negative interest rates. Find out if you'll soon be paying your bank to store your money--Steve and Sinclair have the report.
The technology revolution has delivered Google searches, Facebook friends, iPhone apps, Twitter rants and shopping for almost anything on Amazon, all in the past decade and a half.
What it hasn’t delivered are many jobs! Steve and Sinclair review a Wall Street Journal investigation of how Silicon Valley creates billionaires but are eliminating American workers. Then estate planning Attorney Richard Dwornik is here for the Q & A.
Gold is one of 2016's big winners. Get the inside story and a complete update today from nationally known gold expert Nick Grovich, and don't forget to register for the IQ Wealth Financial & Estate Planning Workshop, Thursday, October 13. Visit IQWealth.com slash workshops to register!
Bonds were always considered the safe investment. But is the Bond Market currently in a Bubble? Robert C. Pozen, a senior lecturer at MIT Sloan School of Management and former mutual-fund executive, tells the Wall Street Journal that the bond market is entering a bubble as yield-hungry investors are gravitating toward riskier bonds at exactly the wrong time. Steve and Sinclair have the report.
Estate planning attorney and MBA Richard Dwornik discusses the most common mistakes easily made with powers of attorney and reviews topics he will discuss at the upcoming IQ Wealth Financial And Estate Planning Workshop October 13.
One investment --that you may have once held in your hand-- is up 674% for the past ten years, compared to gold which is up 85.2% for ten years and the S & P 500 index up 58.5% for the same ten year period! What's the investment? Stay tuned to find out! Steve and Sinclair have the complete Wall Street Journal Report on this piece of property that weighs less than an ounce, but here's a two-word hint: Mickey Mantle.