Reinvesting dividends in quality stocks is a proven path to long term accumulation, but the demand for the most popular dividend paying stocks has pushed their valuations to high levels. According to the Wall Street Journal’s Dan Strumpf, interest-rate jitters are taking their toll on high-dividend stocks. Double digit losses in 2015 have now replaced double-digit gains seen in recent years. Investors plowed $48.4 billion into mutual and exchange-traded funds tracking utilities and REITs from 2010 through 2014, according to Morningstar Inc., but now, many large institutions are moving away. You may not want to be sitting in some of these positions as the tide goes out. In the Q & A segment, Neil MacNeal, whose stock split strategy has been recognized by Mark Hulbert at MarketWatch, and has doubled the Wilshire 5000 since 2000, returns to Mastering Money to talk splits with the A-Team.
Shock jock newsletter writers are talking about the Chinese yuan replacing the dollar as the world's "reserve" currency. Is there any truth to it? Are we headed for the disruption of the financial world as we know it? Sinclair and Steve review some important facts and what you really need to know. In the Q & A segment, well known CFP and financial educator Michael Kitces joins the A-Team to review the actual value of Social Security payments and how "back door IRA's" work. Michael, who holds a Masters Degree in Taxation, likes the idea but also cautions about what can go wrong under the "step transaction rules."
Spies are infiltrating Wall Street. According to Bradley Hope writing for the Wall Street Journal, a wave of companies with ties to the intelligence community are winning over the world of finance--with banks and hedge funds putting the firms’ terrorist-tracking tools to work in multiple ways. It turns out the CIA gave many of these companies their big break, through the private-equity arm of the CIA known as In-Q-Tel. Steve and Sinclair review the trend. In the Q & A segment, CFP® Murray Titterington joins the A-Team to discuss why the service at the Social Security system is so slow, and what to do about it. Steve reviews real estate opportunity and risk.
Todays show is a rebroadcast of the July 8th program. Enjoy the show!
Ironically, Twitter may become a victim of the times it helped invent. So says Steven Sears, writing in Barrons. Steve and Sinclair review the stats on Twitter whose IPO has not worked out well. In the real world, Institutional money managers are using social media for financial intelligence more and more, but Twitter ranks last, after LinkedIn and Facebook for financial intel. According to the study, 20% of analysts first use LinkedIn to research industries, followed by 13% for Facebook, and 9% for Twitter. For market and event commentary, 18% turned to LinkedIn, 13% to Facebook, and 12% to Twitter. For investment products and services, it’s 13% for LinkedIn, 9% for Facebook, and 5% for Twitter. Sears reviews put, call, and collar strategies. In the Q & A, Pension and Qualified plan specialist Mary Read joins the A Team to discuss defined benefit plans, cash balance plans, and 401ks for small business owners. Mary has been instrumental in over 10,000 qualified plans in her career.
Todays show is a rebroadcast of the July 13th program. Enjoy the show!
When it comes to asset allocation, where does gold fit in? Is it an investment? Is it a speculation? Is it insurance? Or is it simply a back up currency? On Mondays this summer, Steve has invited Nick Grovich of American Federated Coin and Bullion to share his views on gold, coins, and metals. Listen in to "inside baseball" on the gold markets. Steve comments on a recent article in Barrons': "Bye-Bye Bond Funds" which focuses on the multiple risks that bond mutual fund and ETF owners are faced with now.
Todays show is a rebroadcast of the July 29th program. Enjoy the show!
Biotech and Pharma are tearing up the market this year, and according to Ron Winslow writing in the Wall Street Journal, a powerful new class of drugs promises hope for high-risk patients with cholesterol issues—a group that numbers in the millions. Companies like Regeneron may be in the right place at the right time, up over 25% for the year. Is there room to run? Sinclair and Steve review what's happening. In the Q & A segment, CFP® Murray Titterington with IQ Wealth joins the A-Team to discuss Social Security taxation issues.
Todays show is a rebroadcast of the June 24th program. Enjoy the show!
Are you using the "backdoor Roth IRA?" IRS income limits forbid many Money Radio listeners from contributing directly to a Roth. The back door Roth is a way to accomplish the task and build a tax free nest egg--if you meet certain requirements and don't screw it up! Steve and Sinclair discuss and review. In the Q & A, CFP® Murray Titterington with IQ Wealth answers questions on Social Security claiming and ex spouses.
Todays show is a rebroadcast of the July 21st program. Enjoy the show!
Exchange-traded funds that use leverage to boost returns have an appeal that can be hard to resist. If your timing is right, you can collect gains two or even three times that of the daily return of a given stock or bond index. But Jonathan Burton of Marketwatch and experts from Morningstar say "watch out: Leverage cuts both ways, and if you're on the wrong side of a bet, your losses will be magnified."
...And leveraged ETFs -- which use derivatives and other financial instruments to amplify the market's daily moves -- have wrinkles that can lead to unwelcome surprises for some investors. Steve and Sinclair review. In the Q & A, hear answers about the legalities involved with certain types of agents and advisors, and how it can result in your getting short-changed on thorough information.
Investors today are faced with choosing between a wide range of assets from four different worlds of money: banks, real estate, Wall Street, and insurance companies. What about gold? Gold expert Nick Grovich and Sinclair dig deep into hidden opportunities currently available in gold and platinum. Steve reviews how annuity bonuses work.
Many people are utilizing the "backdoor Roth IRA" as a viable tax strategy. Because the IRS income limits forbid many taxpayers from contributing directly to a Roth. the back door Roth is a way to accomplish the task and build a tax free nest egg--if you meet certain requirements! There are also some tripwires to avoid. Steve and Sinclair discuss and review. In the Q & A, CFP® Murray Titterington with IQ Wealth answers questions on Social Security claiming and the rules with regard to ex-spouses.