Why is it so hard to make money with a leveraged inverse ETF? Is it time to buy an inverse ETF that pays 3 to 1 if the market falls? Or does it? What is the risk and how is the sausage really made with a leveraged ETF. Steve and Sinclair have the report. Then CPA Nick Stefaniak is in the house to talk about tax issues and deductions for your business.
Say what happens when your ETF closes shop? Its happening more often than you think. A hundred twenty seven ETFs closed in 2016, and as an investor, you can get stuck with extra expenses and a nasty tax bill. According to Blackrock, more closings are on the way. Steve and Sinclair have the Wall Street Journal Report
Not that long ago, farmland in the midwest was one of the best investments you could find, but now the farm belt is heading for a potential disaster, according to the Wall Street Journal: Soon there will be fewer than two million farms in America for the first time since pioneers moved west after the Louisiana Purchase! It appears the future has arrived--Find out what's going wrong! Steve and Sinclair have the report
For years, the "endowment" method of investing--mimicking the investment portfolio's of the endowment funds at Harvard and Yale --have been touted as somehow a "cut above" but as a report in the Wall Street Journal points out, they're simply not "making the grade" and are far under performing the S & P 500! Steve and Sinclair have the startling report. Then mortgage expert Joe Capitano is here for the Q & A.
Warren Buffett says we're not in a bubble-- he thinks ‘Stocks actually are on the cheap side’. The billionaire, speaking on CNBC lately, said that “measured against interest rates, stocks actually are on the cheap side compared to historic valuations.” Find out why he laid down $133 billion dollars for a stake in Apple--after shunning the stock all these years!
Currency manipulation by China has a much bigger economic effect than most people realize. China is the only major world currency that is not a free floating currency valued by the markets. The Chinese government uses cash reserves to push it downward, attracting companies like Cisco and Apple. Find out why these two companies and three more may be in position to profit when the yuan falls further. Then H & R Block tax expert Doris Milton is here to talk about frequently missed tax deductions.
The science of futurism is used by the Department of Defense and a growing number of Fortune 500 companies who all now employ full time 'futurists'. What do futurists do? According to Christopher Mims of the Wall Street Journal, they don't make predictions, they make calculations of probable outcomes, based on reams of data. Steve and Sinclair have the Wall Street Journal story on a fascinating topic.
Trumponomics is all about bringing America back as a self-sufficient manufacturer, producer, and exporter, but currency weakness outside the U.S. could be a major stumbling block. In fact, five companies could see their share values hurt soon because of Chinese currency devaluation: Find out why Wynn Resorts, YUM China (formerly part of YUM Brands), Las Vegas Sands Corp, Mead Johnson and AO Smith could be hurting soon according to a key analyst. Then estate planning attorney Richard Dwornik is in the house for the Q & A.
Last year, in 2016 the federal government officially recognized Google's software, not the passenger, as the "driver" in its self-driving cars. This has greased the wheels for the driverless car industry, but insurance companies are preparing for a nightmare of claims and lawsuits. One question: “Who is charged if there is a fatal accident and there is an occupant (or assistant driver) in the driverless car? What happens if there is a lawsuit? Who pays the fine or serves time if the driverless car is found guilty?” Steve and Sinclair have the details.
What's the most coveted golf ball in America? The Titleist Pro V1? Calloway? Taylormade? The answer is none of the above according to the Wall Street Journal. One word: Costco. Find out about the golf ball that they can't keep on the shelves and a virtual black market has developed for. Steve and Sinclair have the Wall Street Journal report and then estate planning attorney Richard Dwornik answers questions on trusts, wills, and powers of attorney.