The NASDAQ reached it's 2000 high in 2015 but is negative so far in 2016, as Apple and other big high-tech names continue to flounder. Steve and Sinclair have the Wall Street Journal report on what's happening why you need to be careful betting on some of the big names. Then Steve reveals three important factors you need to be armed with when selecting an annuity income rider, and which type of annuity can be effective for an IRA rollover. Learn how to determine the safety of an insurance company and why insurance companies have had a strong track record over the past century.
This is the year where 10,000 baby boomers per day become 70 and a half and start being required to withdraw significant money from their IRAs, measuring in the trillions. How will it affect markets this year and for years to come? Steve and Sinclair have the report. Then Steve explains how to get a legitimate ten, fifteen, or twenty percent bonus on your IRA without risk to principal.
Twenty years ago, a retired investor could retire on treasury bonds paying 7.5%. Today those same bonds are paying 1.8%. The Wall Street Journal points out that pension fund managers are being forced to take on more risk--at just the wrong time. In the past, the 7.5% bond rate was their fall back, but no longer. Bonds and bond funds are increasingly risky--if rates were to rise, losses can result.. Finra warns of the risk and Warren Buffett says bond funds should come with "a warning label". Meanwhile, pension plans have dumped bonds as a major holding and are taking on more risk. Steve and Sinclair have the Wall Street Journal review. In the Q & A, learn the basics of the new retirement income strategy referenced by researchers at MIT, Wharton, and the University of Toronto.
Some like it hot...Really Hot! Peppers have become big business for spice vendors, restaurant chains, and drug companies. Drug companies use capsaicin--the heat element in peppers causing a 500% increase in pepper sales. Each type of pepper has its own level of "heat." Steve and Sinclair have a Wall Street Journal report on who is profiting and who's tongues are burning. Then in the Q & A segment, CFP and Certified Investment Management Analyst Murray Titterington is here to talk about the IQ Wealth Black Diamond Dividend Strategy. Today we analyze Abbott Labs to see if it is a candidate for the portfolio, based on 7 important criteria.
Five years ago, the first baby boomers started hitting age 65. Fast forward to today: 10,000 baby boomers a day start turning 70 this year. This could mean that a lot of the money that has been holding up and supporting the markets for three decades will be coming out for income due to Required Minimum Distributions (RMDs). Will they put the money in the bank or put it back into the market? How will it affect stock prices over time? Steve and Sinclair review RMD rules outlined in the Wall Street Journal by an attorney who specializes in RMDs. Then, in the Q & A, Steve gives a consumer alert on annuity bonuses, death benefits, and income benefits--and what to look for and be careful about.
Have you ever wondered why a leveraged index fund offering two or three times the S & P 500 very rarely if ever pans out? There are three important reasons--all mathematical. Steve and Sinclair have the analysis from the experts you won't want to miss. Then, in the Q & A, Steve explains how to avoid losing control of your principal while securing the most income from an annuity. If you're considering an annuity you will want to know the key points to be looking out for.
According to the Wall Street Journal, Nigeria is taking over the world!!!----in the game of Scrabble, that is. What does that have to do with Money and investing? Several risk management Strategies used in one of the oldest and most popular board games in America may help you become a better investor. We review a Wall Street Journal report. Steve and Sinclair will let you know which length of words result in world championships for top players! Then estate planning attorney Richard Dwornik joins the A-Team to discuss when you might want to use a Disclaimer Trust.
One of the labor market’s early-warning signs may be flashing trouble, says the Wall Street Journal. Hiring by temporary staffing agencies has ground to a halt so far in 2016 to levels not seen since prior to the 2008 crisis. Peak temp hiring occurred in 2015. A slowdown in temp hiring has preceded major recessions in 2000 and 2008. Steve and Sinclair have the details. Then CFP and Certified Investment Management Analyst Murray Titterington delves into the reinvestment of dividends in the IQ Wealth Black Diamond Dividend Portfolio.
Consumers are spending on credit again, in a big way. U.S. credit-card balances are on track to hit $1 trillion dollars this year, according to the Wall Street Journal. Hitting the trillion mark would edge up to the all-time peak of $1.02 trillion dollars set in July 2008, just before the financial crisis. Meanwhile S & P reports that corporate debt is now reaching pre-2008 levels. Steve and Sinclair have the alarming details. In the Q & A, Steve answers questions on annuities.
Not long ago, the Canadian dollar was killing the U.S. dollar and our friends from the North were buying up Arizona real estate. We look at a Wall Street Journal report on how the tables have turned. The economy of Calgary, especially, has been hit by the oil bust, and the dollar is now killing the Looney (Canadian dollar.) Alert U.S. investors are finding bargains in untouchable areas like Banff National Park. Then, we review what experts are calling an "earnings recession" among key big cap corporations. Rather than being helped, they are being HURT by the strong dollar overseas.