Back in the 2008 real estate crash, a term called "jingle mail" developed. It was a nickname for the homeowner in mortgage default mailing the keys back to the bank, and walking away. Suddenly jingle mail is back, but this time it is the landlords and developers of large shopping malls mailing the keys back to the bank as large anchor tenants move out. It's also affecting property values around the malls. Steve and Sinclair have the Wall Street Journal report...
An $8,175 investment in Berkshire Hathaway in January 1990 was worth more than $165,000 by September 2013, while $8,175 in the S&P 500 would have grown to $42,000 in the same timeframe. Warren Buffett knows something you and I don't know about investing in stocks. Steve and Sinclair break down his approach and then professional tax preparer and Enrolled Agent, Doris Milton with H & R Block is here with tax tips for getting your taxes won, not just done!
The Luxury Home market is hot--or cold--depending on where you live. Steve and Sinclair have the Wall Street Journal update on where big dollars can be made flipping luxury homes.
It's been described as stale, greasy, spicy, crunchy, saucy and just plain strange--but Jack In The Box has become a three point five billion dollar company with its biggest selling item--deep fried tacos--leading the way! (and you thought it was the onion rings!) Over five hundred and fifty million tacos were sold at Jack in the Box last year as its stock rose 20%. Even some celebrities admit they're hooked on these tacos made with genuine American cheese! Steve and Sinclair have the hard-hitting Wall Street Journal report, plus a whole lot more on a fast moving Friday!
Investors are piling money into real-estate funds according to the Wall Street Journal—but fund managers are now finding it a challenge to spend it all. Excess cash is watering down returns.
Global fund managers had a record $237 billion dollars left over and available to invest in commercial property that didn’t get put to work by the end of 2016. Steve and Sinclair have the surprising report on why it's happening.
Many of the greatest stock investors of all time have focused on dividends, including Warren Buffett. Over time, companies that consistently grow their dividends year after year, even during market crashes, have shown an ability to outperform. Today, Steve and Sinclair get into the basics of dividend investing and discuss how money is really made using dividends as a measuring tool.
Gary Kaltbaum is in the house, but first,
Lenovo thought It knew how to fix fallen brands—but then it bought Motorola. The Wall Street Journal says that its success with buying IBM's PC division led the Chinese firm to underestimate the difficulty of reviving Motorola, once a major smartphone player.
Famous billionaire George Soros lost a billion dollars betting against the Trump rally in a matter of a few months. Find out which of his former employees made out like a bandit. Then Steve reviews reliable asset allocation rules to help you lower risk, increase income, and potentially build more overall net worth.
Even with the early-October recall of its premium Galaxy Note 7 smartphone that cost it at least $5 billion dollars, Samsung projected fourth-quarter earnings that would be the highest in more than three years. The reason: competitors’ growing demand for Samsung components. Steve and Sinclair have the Wall Street Journal report on how Samsung turned a lemon into lemonade. Then Steve reviews some fine print in several popular annuities that most people MISS!