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, heard by millions of listeners—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 whole lot more you SURELY won't want to miss! -- MASTERING MONEY IS ON THE AIR!
Wall Street has long promoted keeping 60 percent of your money in stocks and 40 percent in bonds as the ultimate retirement strategy, claiming an average of 8 percent returns over time. Is that figure reliable, or is it just sloppy advice in light of today’s high markets and historic low-interest rates? Brett Arends of the Wall Street Journal performed in-depth research to determine the viability and effectiveness of the 60-40 portfolio over the past 80 years. His findings? Except for two periods of dramatically declining interest rates, the 60-40 portfolio is in his words is "full of holes." And today with bond rates so low, the risk of income shortfall from a traditional portfolio has never been higher according to Ernst & Young. Today, Steve will review exactly why your bond funds are at risk, and how quickly a retirement portfolio could be hurt if both stocks and bonds fall at the same time--which is a distinct possibility! You don't want to miss today's show...MASTERING MONEY is on the air!!
Remember When a Half Million or a Million dollars in a 401(k) Meant Your Money Worries Were Over? Once upon a time achieving the million dollar milestone meant you could install the hammock on the front porch of your oceanfront property! Not so much today! In fact, statistics show that there over fourteen million households with a net worth of more than a million dollars and guess what their number one fear is? Running out of money. Today, we'll explain why the worry is not illogical or irrational. The math is a bit more worrisome than Wall Street brokers might have you believe. Then Steve will lay out the steps of putting a firewall between your income and growth capital so that you can actually STOP WORRYING about running out. A great show today that you don't want to miss...MASTERING MONEY is on the air!
An annuity is an agreement with a licensed, regulated, and audited life insurance company to guard your capital, pay you interest, and pay you income for a lifetime, like a pension. In fact, most annuities being acquired today by retiring professionals are for that very purpose—to lock in-- and secure a safe, passive income in the range of five to nine percent for life, depending on age and deferral period. Annuities are now in demand for Rollover IRAs from 401ks. The reason is pretty clear--smart, logical people want to avoid being wiped out by the next market crash, and they want the safe, steady permanent income that only an annuity may provide. We have a mini-course on annuities today, then health insurance expert Shelley Grandidge joins us for the Q & A. You don't want to miss today's show, MASTERING MONEY is on the air!!
With interest rates remaining low, retiring Baby Boomers can feel like they are being PUSHED into stocks. Bonds are paying ridiculously low-interest rates. But is it really worth it to lock up your funds for 10 years to earn 2.5 percent on a treasury? That won’t even keep up with inflation! For that little return, many of us would rather invest in a stock with a 4 percent or 5 percent dividend yield. Today on Mastering Money, Steve will demonstrate how a stock whose price declines by thirteen percent over ten years can more than double the return on the treasury bond, increasing an investors account value by nearly seventy percent--while the S & P was busy losing more than ten percent. Learn the PROPER way to invest in dividends for higher returns and lower risk. You don't want to miss TODAY'S show. MASTERING MONEY is on the air!!
Today on Mastering Money...It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of America’s most popular financial radio programs dedicated to the Stock Market, heard by millions of listeners—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 whole lot more you SURELY won't want to miss! -- MASTERING MONEY IS ON THE AIR!
No matter what your political affiliation, there is one thing we likely ALL agree upon: we ALL want clean air and water! The cleaner the better! The disagreement always centers on HOW to get there. Socialist thinkers believe the government can be trusted to tax and legislate our way to cleaner air, even if the economy comes to a grinding halt. Capitalists keep developing new technology to get the job done. While it’s true that global CO2 emissions continue to rise worldwide, many people are startled to learn that the USA easily leads the world in reducing CO2 output. Today on Mastering Money, Steve and I will review the disaster that would ensue if all petroleum-based products were outlawed, including everything you use made of plastic and nylon. It may shock you. Then health insurance expert Shelley Grandidge joins us for the Q & A. You don't want to miss today's show...MASTERING MONEY is on the air!!
A new trend is developing among well to do people who like to travel, and who want to own a piece of several beautiful homes in desirable resort areas. Rather than owning a multi-million-dollar vacation property they may visit just once or twice a year, or buy a timeshare that stuffs them into a condo, many are opting to buy bite-sized pieces of luxury real estate they’ve acquired through fractional ownership.
From Hawaii to Italy, to ski resorts, these private-residence clubs offer luxury by the slice, says the Wall Street Journal. Owners buy a fraction of the property and are guaranteed a certain number of days, weeks, or months to do as they please-- backed by fully deeded real estate. We'll review the Journal's report and then welcome travel expert Ruby Kelly with Ruby Kelly Travel for the Q & A. You don't want to miss today's show, MASTERING MONEY is on the air!!
New York City is set to become the first big city in the country to put in place a charge on vehicles entering its most congested streets, and it took a booming economy, grinding traffic and a subway crisis to seal the deal. According to Paul Berger writing for the Wall Street Journal, drivers will soon pay a fee to enter Manhattan’s midtown and downtown areas, with the expectation it will reduce gridlock while raising billions of dollars needed to restore the city’s struggling mass transit system. The model for the city is London-- where the success of what they are calling “Congestion Pricing” over the past 16 years has allowed London city officials to expand sidewalks and pedestrian areas, add bike lanes and reconfigure roadways to make them more bicycle and pedestrian friendly. They have speeded up buses by nearly 30%. We'll review the Journal's report with MIT's insights on how driverless cars may make traffic congestion worse, NOT BETTER! You don't want to miss today's show. MASTERING MONEY is on the air!
As stocks continue to climb, some investors wonder when to jump out according to the Wall Street Journal. Many worry about being heavily invested in stocks-- during what appears to be the late stage of an economic cycle. Similarities are being drawn to 1999 and 2007. What happened next was not good for retired investors who did not make adjustments beforehand. The S&P 500 is on track for the BEST four-month start to the year in more than THREE decades, posting a 16% gain to within less than 30 points of a record! While the index’s surge has been a surprise to many investors, it is a justifiable concern to others. Today, we'll review an in-depth Wall Street Journal report on the market, and then how to build retirement wealth the SMART way. MASTERING MONEY is on the air!!