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Mastering Money

Mastering Money is hosted by Certified Income Specialist™ Steve Jurich. Steve's comments have been seen on MarketWatch, CNBC.com, Bloomberg, and TheStreet.com. Steve is joined on most days by Money Radio favorite Sinclair Noe as well as experts and authors from the world of Wall Street and real estate. New episodes published every weekday at 9am PST. Listen every weekday to get a handle on emerging market trends, asset allocation strategies, social security, medicare, RMD planning, tax strategies, estate planning, annuities, life insurance and more!
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Now displaying: Page 1

Jun 1, 2018

Americans’ wealth pushed further into record territory last year, hitting nearly $100 trillion dollars, thanks to rising stock markets and booming real estate prices. Household net worth—the value of all assets such as stocks and real estate minus liabilities like mortgage and credit-card debt—rose more than $2 trillion dollars last quarter to an all-time record of $98.7 trillion dollars!   U.S. households also saw their net worth rise to nearly seven times their disposable personal income in 2017, swelling past earlier pre-recession peaks, but experts warn that  Americans are suddenly not saving money like they were a few years back.  Previous busts—like 2001 and 2008—were preceded by similar periods of rising asset values and low savings rates. Today on Mastering Money, we'll compare today's financial trends to previous bull and BEAR markets. You definitely don't want to miss today's show.  MASTERING MONEY is on the air!