The A Team examines the pro's and con's of target date funds, and how they could be at greater risk than ever. Morningstar's Christine Benz's ideas for simplifying bucket strategies are in the crosshairs. Dan Shaffer of Shaffer Asset Management joins us after his interview yesterday on the Neil Cavuto Show, Fox Business.
Christine Benz of Morningstar writes about bucketing in her regular column on the Morningstar website. She is aware that any advisors and journalists have been scrambling for solutions to protecting lifetime income for retirees who are now living longer and living more fully in their 70s and 80s. We look at her recent article in segment 2, and then clear up confusion on annuity lingo in segment 3.
The refinancing of student loans from graduates of top universities in fields like law and medicine is becoming a big business. Find out who the big players are. In the Q & A, Steve points out the folly of marketers using nicknames for annuities that are not recognized by state authorities, and what you really need to know.
Steve and Sinclair discuss a Wall Street Journal article also seen on the Motley Fool on the importance of keeping a strong cash position, especially near market tops. Eventually markets fall, and bargains are everywhere. Cash puts you in position to take advantage. In the Q & A Steve reviews key insights into annuities.
The A-Team explores research by Wall Street Journal columnist Jason Zweig. Mr. Zweig uses calculations provided by Yale Professor Robert Shiller, whose research shows the probable return for the S & P 500 over the next 10 years is only 2.5% annually. Dan Shaffer of Shaffer Asset Management joins Steve and Sinclair for the Q & A, to further analyze.
The A-Team reviews a Wall Street Journal article covering "Zombie" REITs-- large REITs, like Inland, that have gone into a mode of illiquidity and zero dividends, and have fallen in share value by up to fifty percent. Find out what to look for in a good REIT. In the Q & A, financial analyst and fund manager Jim Gentrup, CFA, joins Steve and Sinclair.
To get the right answers, you need to be asking the right questions. Steve and Sinclair review the question: "Do I need an annuity?" and "what about the annuities now being used in some 401k plans?" Estate planning attorney Julie LaBenz joins the A-Team for the Q & A session.
CFP Harold Evensky is considered by many the "Father of Financial Planning" and the originator of bucket planning back in the early 1980s. For years, his buckets did not include annuities. At a recent advisor conference he announced he has changed his views, and that annuities are the "most important investment of the next ten years." Steve and Sinclair review his points for success. In the Q & A segment, Tom Sigrist, Senior Vice President and commercial loan officer with Berkadia, joins the A-Team.
Steve and Sinclair review the "famous last words" of highly touted talking heads just before market crashes, predicting the Dow to reach 35,000. They review Larry Swedroe's assessment of Harry Dent, whose bold predictions (both up and down) failed to materialize. Randy Swan of Swan Global Investments joins the A Team in the Q & A segment.