The two largest assets of most middle and upper middle-class households are the family home and the 401(k) or other employer-sponsored plan. These assets form the core of almost every American family's financial security. How important are these assets? They are so important that homeowners are REQUIRED to carry insurance on their houses by most mortgage lenders, if not by state law. And, when you buy your home, title insurance is required. Why? Because the outcomes of these transactions cannot be in question. What if you could insure that you would never again take an investment loss due to the stock market falling, and in the same asset insure that you and your spouse would always have a monthly income that would never go down—like a pension? There is a unique form of principal secure retirement annuity available now that can do just that, plus much more, without all the fees of variable annuities. Steve and I will review it in detail. You don't want to miss today's show MASTERING MONEY is on the air!!
So, ..what factors drive return-on-investment in the stock market? We know that the stock market is all about supply and demand, but researchers have isolated multiple factors that, when properly employed, show evidence of increasing investment returns over time. Isolating and separating those factors may put an investor in the position of outperforming benchmarks like the S & P over time—or matching benchmarks with less risk—which is just as important. Global markets are made up of dozens of asset classes and millions of individual securities…making it challenging to understand what really matters for your portfolio. Today, we'll review in detail what really matters and why you need an asset allocation model built for a new financial environment. Then Medicare specialist Shelley Grandidge joins us. A big show you don't want to miss...MASTERING MONEY is on the air!!
It's an understatement to say that we have entered one of the most brutal election years in history. How will it affect the stock market and your 401k or IRA? Obviously, the Democrats would LOVE to see the stock market crash before next year's election. But let’s think about it and your personal investments--If a Democrat is elected, corporate interest rates are headed back up and that could bring down the stock market. All of the Democrat candidates, including the most moderate one—Joe Biden—want to RAISE corporate rates by at least fourteen percent. Today, we'll examine how the markets and your investments would be impacted by a Democrat victory and the return to a thirty five percent or forty percent tax rate, along with tips on building retirement wealth the SMART way.
Today on Mastering Money...It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of the most popular stock market talk shows in America, featuring top market experts and heard by millions of listeners coast to coast—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 timely financial update from Steve you won't want to miss! -- MASTERING MONEY IS ON THE AIR!
As an investor, you can choose to invest in companies that pay dividends, or choose those that do NOT. With non-dividend paying stocks, there is only one way to make money: the price must go up. Period. With dividend-paying stocks, you have three ways to make your nest egg grow. Generally speaking, companies that pay regular dividends make it part of their business model. A small fraction of companies votes to INCREASE the dividend every year. These are known as dividend GROWTH Stocks. Today, we'll clarify the difference between Dividend Champions, Dividend Aristocrats, and Dividend Contenders-- and why it matters. Then estate planning attorney Libby Banks joins us for the Q & A
Statistically, most of the serious accidents-- and even the deaths that occur on mountain climbing expeditions--happen NOT on the way UP, but on the way back down. Ask any mountain climbing expert, they'll tell you: Coming down is much more treacherous than going up. … And the higher the mountain the more dangerous the descent. When it comes to your investments and the four phases of your financial life, it’s very similar. You've been on a long ascent UP the mountain, financially speaking. It is known as your ACCUMULATION phase. But the higher the market goes, and the longer it lasts, the more dangerous it will be on the way down. Today, we'll show you how to retire and STAY retired. You don't want to miss it....MASTERING MONEY is on the air!!
Research reveals that most people think in terms of simple interest, or average annual return, rather than geometric compounded returns. Participants in studies showed a bias toward ignoring the effects of compounding over time. The reality is that the richest people in the world got rich, and continue to GET rich, not overnight but over TIME-- through compounding steady gains. Each year, moderate gains are piled upon moderate gains. Wealthy investors growth wealth prudently. They don't chase after it. They understand how to manage risk. Today we'll review a Wall Street Journal report on the published findings of why so many people never get rich along with guidance on how to get your money on track! You don't want to miss today's show, MASTERING MONEY is on the air!!!
Everyone knows how Social Security works—the longer you wait to start the income, the higher your future and permanent income will be when you finally turn it on. Your future income rises mathematically by a factor of five-point two-five percent until full retirement age, then eight percent a year until age seventy. You might think that most people wait until they can get the highest income by putting off Social Security Benefits until age 70. But statistics show that over NINETY-EIGHT PERCENT of Americans start their income much sooner. Is that a smart idea, or not so smart. Today, we'll outline the circumstances when taking your Social Security a bit early can but extra dollars in your pocket, then Steve has specific tips on how to build retirement wealth the SMART WAY... MASTERING MONEY is on the air!!!
Have you been wondering why you are suddenly seeing “beefless” burgers at Burger King and other outlets? Well, it could be due to MARKETING research! Restaurants want to make money! They are capitalist institutions. And, growing numbers of America’s population believe that we are experiencing accelerated climate change caused not only by humans-- but by those cute, lovable, four-legged creatures that give us milk, ice cream, yogurt, cottage cheese and yes, BURGERS. They also think that this summer's heat nationwide is "scientific proof" that we are seeing global warming! Today, however, Steve and I will present scientific evidence that there have been many hotter summers, and why you can have a real meat burger today if you want one!!! Then Shelley Grandidge joins us for the Q & A. Don't miss today's show...MASTERING MONEY is on the air!
Over seventeen trillion dollars worth of government bonds are now paying NEGATIVE interest rates. Those rates are driving U.S. rates down, with numerous negative consequences. The main one is that retirees who want to tone down the risk in their portfolio and focus on safety and secure income can no longer turn to bonds. This is leading to increasing demand for dividend GROWTH stocks--stocks that RAISE THEIR DIVIDENDS every single year. Today on Mastering Money, Steve will demonstrate how a stock whose PRICE declines by thirteen percent over ten years can still realize a positive return over six percent because of reinvesting RISING dividends. Learn how a declining market may actually HELP you build more wealth for the future than a rising market. Don't miss TODAY'S show. MASTERING MONEY is on the air!