Target Date mutual funds are now riskier than ever according to a growing number of analysts. There are two ways to lose: the market falling, and interest rates rising. Although target-date funds are designed to automatically lower your exposure to the market as time goes on, the place you land is in bond funds. With interest rates near 200-year lows, is that a wise move? Not if you are looking to keep your money safe and create retirement income. In fact, Warren Buffett says bonds today "should come with a warning label"! In the Q & A, its dividends, dividends, dividends. Mr. Chuck Carnevale, renowned dividend expert and editor of FastGraphs.com offers his insights on dividend stock selection, followed by Steve reporting on what's happening at Chipotle. Will their coupon efforts work to get customers back?
Amazon's free shipping has taken the retail world by storm. As people get more and more comfortable with online purchases, they are buying bigger, heavier, and more awkward items. Did you know they are only required to drop-off on the sidewalk? A new business is springing up for unique deliveries as Fed Ex and UPS are beginning to balk. Steve and Sinclair review a Wall Street Journal report. Then Gary Kaltbaum talks about earnings season and his recent travels to Asia.
Are you considering a REIT or becoming a landlord? Make sure you are very picky. This is the top of the market. The Wall Street Journal reports that some Class A commercial office buildings are sliding into foreclosure in markets hit by low oil prices and tight lending. Houston is getting hit particularly hard and the Behringer Harvard REIT is taking it on the chin. This is a growing risk for a number REITs and REIT investors--we review what's happening. Then Steve reviews a 27-year study in asset allocation performed by Mass Mutual, comparing bonds with annuities over the time period. The results may surprise you!
The "app-ification of shopping" has hit big time, putting more pressure on old fashioned shopping malls. The retailers that are succeeding are training customers to think of their smartphones like all-day "impulse aisles." New apps are able to capture data available on handsets and push consumers to buy whenever they have a spare moment. Steve AND Sinclair review a timely Wall Street Journal on this fast-paced trend. Then CFP and Certified Investment Management Analyst Murray Titterington with IQ Wealth Management delves into his dividend investing methods. In segment 4, a special--Siri from the iPhone makes an "appearance." Steve reports on the person behind the voice of Siri on apple iPhones.
Can the strong dollar be recessionary? Yes, when the dollar is so strong that chicken and hog farmers buy corn to feed their chicken and pigs from Brazil rather than Iowa. An oversupply of corn has developed stateside as foreign corn has gotten cheap to buy. The Wall Street Journal reports that many big livestock farmers are buying corn from South America because the dollar buys so much overseas--triggering a recessionary trend for Iowa farmers. Steve then continues his mini-course on annuities and later reviews what re-insurance is, and why Warren Buffett loves it so much!
Today on Mastering Money, nationally known precious metals expert Nick Grovich is here to talk about opportunities in gold and platinum, which has been one of the markets bright spots so far in 2016. Platinum could be an opportunity that is being overlooked. Steve talks about the investment habits of Ben Bernanke, Babe Ruth, and Albert Einstein--and one thing they had in common.
Many U.S. investors are building second homes and condo's in the advanced economy of Costa Rica. Microsoft and Intel have a strong presence there as does Marriott. Today we talk with real estate developer Charles Boyd, CEO of the Costa Rica Team. The company is one of Costa Rica's premier resort and residential developers. Charles joins Steve and Sinclair to review opportunities in the company's new 88 acre master planned ocean view community near golf and medical facilities. Steve then has an interesting story about the Old Farmers Almanac
Is the San Francisco real estate market finally seeing the top? If so, what does it mean for the rest of the country. San Francisco has been a strong bell weather over the years. The Wall Street Journal is reporting that the high-tech wave of "banking" office space may be in the reversing stages. Uber, Twitter, Zenefits, SalesForce and others have secured and committed to millions of square feet of office space they are ending up NOT using. A sub-leasing wave has begun. Steve and Sinclair review the report. In the Q & A Segment, estate attorney Richard Dwornik discusses what can go wrong with an old "A-B" living trust--and how to fix it.
This is tax week, but many Americans don’t have to worry about giving Uncle Sam a chunk of their hard-earned cash for their income taxes this year. That’s because an estimated 45.3% of American households — roughly 77.5 million — will pay no federal individual income tax, according to data from the non-partisan Tax Policy Center! The richest 20% of Americans pay 86.8% of all income taxes in the U.S. Steve reviews the Tax Policy Center statistics. Steve and Sinclair break examine a Bloomberg report ont the rising risk in safe sounding bond index mutual funds. Many of the big name bond index funds have a large dose of energy bonds and junk bonds from companies like Sprint. CFP Murray Titterington joins the A-Team for the Q & Session to discuss his methods of selecting dividend paying stocks, and the discipline that takes emotion out of the equation.
Gary Kaltbaum joins the A-Team today on Mastering Money, fresh from his trip to China. Gary lets us in on what's happening over there economically--especially the fancy ghost-towns that continue to be built--financed courtesy of the government and newly printed money. No money down financing on new homes-- suddenly popping up everywhere. Then Steve and Sinclair report on a Wall Street journal report on how E-commerce is killing the shopping mall (and shopping mall REITs) American consumers are increasingly buying heavier, more awkward-to-deliver-items online. They need to be delivered by muscle men. Fed Ex and UPS can't handle it all, and truckers are having to adapt or find a different job. In segment 4, Steve reviews the historic bankruptcy of Penn Central Railroad