It’s only natural--most investors try to accumulate as much money as possible to alleviate the worry of running out of it one day. And why not? The more assets you have, the less you should worry, right? If only that were true! It turns out that most retirees worry about the possibility of running out of money on a regular basis. Even a good portion of the nation’s eleven million millionaire households worry about money frequently. With the bull market in its tenth year of climbing, and with mid-term elections and trade wars looming, investors are nervous, especially retired investors. In decades past, retired investors could alleviate worry by simply moving over to bonds paying five to seven percent. But today, those treasury's and muni's are paying only one to three percent. Today, Steve will clearly define the problem, and then clearly illustrate the solutions. You've got questions, we've got answers--MASTERING MONEY is on the air!
Face recognition technology is a branch of Artificial Intelligence that is already here, and proliferating! And even though Amazon Chief Executive Jeff Bezos recently called the conflict between privacy and security an “issue of our age", his company is leading the way-- marketing face-recognition technology to private businesses and law-enforcement agencies alike. The Wall Street Journal says that Amazon’s Face-Scanning Surveillance Software contrasts with its own written privacy stance. Like it or not, face recognition is the wave of the future and many fortunes will be made. Today on Mastering Money, we'll discuss one dynamic way to invest and then sit down with estate planning attorney Richard Dwornik for a lively Q & A. You don't want to miss it--MASTERING MONEY is on the air!!
The stock market has shown extraordinary momentum since the presidential election, and investors who placed bets on that irresistible force known as momentum-- have garnered big gains. What could derail that momentum and should retired investors be relying on momentum, or should they be looking at value? Today we'll look at a key gauge of the stock market--the Cyclically Adjusted Price to Earnings Ratio, which is now higher than it was in 1929 and just below the all time high. Find out why analysts say a 36% correction would be normal and natural because of the Law of Reversion To The Mean. Steve will review a strategy to protect against a market decline while growing your capital. You don't want to miss today's show--Mastering Money is on the air!