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Money! with Stacy Johnson
Money! with Stacy Johnson
MoneyTalksNews.com
2021 Outlook: Stocks and Housing
Predicting the future is a tricky endeavor, but if you're going to succeed as an investor, it's important to try. Because stock prices are nothing more than the present value of future earnings, and those earnings often hinge on the direction of the economy. That's what today's podcast is about: Reading the tea leaves to predict what's going to happen to stocks and housing in 2021. We recorded it one day after the insurrection at the Capitol and the Democratic takeover of the US Senate. Think stocks will continue to shine in 2021? Will rates rise? Will the housing market continue to march higher? Nobody knows, but we're ready to take some educated guesses. As usual, my co-host will be financial journalist Miranda Marquit. Want more information? Here's a bunch of articles from a bunch of sources. Forbes: 2021 Stock Market Outlook Kiplinger: Expect Above-Average Gains in 2021 MarketWatch: 5 high-growth themes and the stock-market ETFs that can deliver big gains in 2021 Forbes: The Best Stocks To Buy In 2021 Kiplinger: The 21 Best Stocks to Buy for 2021 Kiplinger: 21 Best Retirement Stocks for an Income-Rich 2021 Motley Fool: 10 Top Stocks That Will Make You Richer in 2021 JPMorgan:Will the U.S. Housing Market Boom Continue in 2021? Forbes:Experts Predict What The Housing Market Will Be Like In 2021 Reuters:Global housing markets face tougher year in 2021 Realtor.com:2021 Economy: Overview and Forecast HousingWire.com: 2021 housing market forecast: It's about politics, not economics Subscribe to the Money Talks News newsletter Take the Money Made Simple Course Hosts: MoneyTalksNews MirandaMarquit.com Ask us a question Hey Money! listeners if you have a question, topic or life lesson you want to share with everyone, leave us a voice message by calling 1-833-669-8557 then press 0 to leave a message. We'd love to hear from you. Become a member: https://www.moneytalksnews.com/members/ See omnystudio.com/listener for privacy information.
31 min
The Stacking Benjamins Show
The Stacking Benjamins Show
StackingBenjamins.com / Westwood One Podcast Network
Fighting Stress and Doubt (with Ryan Harris)
Ryan Harris has had a front row seat to stress. Over a 10 year career in the National Football League and 4 years as a starting lineman at Notre Dame, he played in plenty of "this is the most important play of all" situations. Now on a quest to help empower people to embrace better financial habits, the former Super Bowl 50 winner joins us today to talk about how to fight stress and how to live with doubt. He'll also share his own story of making plenty of money but still not possessing the systems to hold on to cash. Should this week's changes on Capitol Hill have you worried for your wallet? I won't even make you wait on this one - THE ANSWER IS NO! During today's headline segment we'll tackle a piece stirring up some unfounded fears that your personal finance "hangs in the balance" over the government change in Washington. You should never stick your head in the sand, and ghost the financial markets over the (D) or (R) in your politician's name. Don't take my word for it... just wait for Joe's rant. We'll also share our thoughts on Tesla reaching a 2 TRILLION dollar valuation in two years, and all the reasons that shouldn't matter at all for your portfolio, even if your friends say otherwise. Plus, not sure if you should pay off your home early? During our Haven Life Line we'll answer a voicemail from one listener weighing the pro and cons of paying off a mortgage on a house they'll only live in for another five years. They ask, should they instead save their extra Benjamins for the next move? Enjoy!
1 hr 4 min
Financial Decoder
Financial Decoder
Charles Schwab
2021 Market Outlook: What to Expect from the Economy, the Bond Market, Global Equities, and Washington
In this year-end bonus episode, Schwab experts look ahead to consider what investors might expect in 2021. First, Mark talks with Liz Ann Sonders, Schwab’s chief investment strategist. Liz Ann offers her perspective on the direction of the U.S. economy and stock market. Vaccines represent a light at the end of the tunnel, but Liz Ann cautions that we will enter 2021 still in the tunnel. Next, Mark speaks with Kathy Jones, Schwab’s chief fixed income strategist. Kathy looks at what bond investors might expect from the Federal Reserve and fixed income assets in the new year. Then, Jeffrey Kleintop—Schwab’s chief global investment strategist—joins the show and examines what 2021 might hold for the global economy and markets. Finally, as a busy election season winds down, Mike Townsend, Schwab’s vice president of legislative and regulatory affairs, offers his outlook for what to expect in politics and policy next year. Subscribe to Financial Decoder for free on Apple Podcasts or wherever you listen. Financial Decoder is an original podcast from Charles Schwab. For more on the series, visit schwab.com/financialdecoder. If you enjoy the show, please leave a ★★★★★ rating or review on Apple Podcasts. Important Disclosures: The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. Supporting documentation for any claims or statistical information is available upon request. The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party. Diversification and rebalancing a portfolio cannot ensure a profit or protect against a loss in any given market environment. Rebalancing may cause investors to incur transaction costs and, when rebalancing a non-retirement account, taxable events may be created that may affect your tax liability. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve. Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data. Investing involves risk including loss of principal. Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. Lower rated securities are subject to greater credit risk, default risk, and liquidity risk. Tax-exempt bonds are not necessarily a suitable investment for all persons. Information related to a security's tax-exempt status (federal and in-state) is obtained from third-parties and Schwab does not guarantee its accuracy. Tax-exempt income may be subject to the Alternative Minimum Tax (AMT). Capital appreciation from bond funds and discounted bonds may be subject to state or local taxes. Capital gains are not exempt from federal income tax. International investments involve additional risks, which include differences in financial accounting standards, currency fluctuations, geopolitical risk, foreign taxes and regulations, and the potential for illiquid markets. Investing in emerging markets may accentuate these risks. Indexes are unmanaged, do not incur management fees, costs and expenses and cannot be invested in directly. For more information on indexes please see www.schwab.com/indexdefinitions. Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Google Podcasts and the Google Podcasts logo are trademarks of Google LLC. Spotify and the Spotify logo are registered trademarks of Spotify AB. (1220-0XBU)
41 min
WashingtonWise Investor
WashingtonWise Investor
Charles Schwab
Dems Take Control, but No Carte Blanche for Biden
In this episode of _WashingtonWise Investor_, Mike Townsend focuses on the new balance of power in Washington and shares insights on the mechanics of such a narrowly divided Congress. He explores issues that are likely to be at the top of Biden’s policy agenda—from more COVID relief to tax increases—and the likelihood that the necessary consensus can be built to get them approved. _WashingtonWise Investor_ is an original podcast from Charles Schwab. For more on the series, visit Schwab.com/WashingtonWise. If you enjoy the show, please leave a ★★★★★ rating or review on Apple Podcasts. Important Disclosures The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party. The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. All corporate names are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Investing involves risk including loss of principal. (0121-1ZJK)
23 min
Popcorn Finance
Popcorn Finance
Chris Browning
226: Does Time Change Our Feelings About Money?
Julian and Kiersten of rich & REGULAR return to take a look back at their first appearance way back on episode 099. We get an update on their thoughts on the F.I.R.E. movement (Financial Independence Retire Early) & how their outlook on financial independence and retirement has changed. Today's bag of popcorn is brought to you by H&R Block! Tax season can be scary, but it doesn’t have to be. H&R Block is available to answer your tax questions or handle the whole process for you! Visit https://hrblock.com/popcorn for 20% off your online tax filing! You can learn more about Julian and Kiersten Saunders and rich & REGULAR at https://richandregular.com. You can also find them on Instagram, Facebook, and YouTube. They have an amazing video series called Money on the Table available to watch on both YouTube and Facebook Watch. Connect with Julian and Kiersten: Instagram: https://www.instagram.com/richandregular Facebook: https://www.facebook.com/richandregular YouTube: https://www.youtube.com/channel/UC4HUQztCZd9c1q2rB7SmOAQ Twitter: https://twitter.com/richandregular Take a listen to our original conversation from episode #099 at https://pod.fo/e/2ff4 Have a Question? Send me a message at PopcornFinance.com/Voicemail Connect with me Instagram -@PopcornFinancePodcast Twitter - @PopcornFinance Facebook - Popcorn Finance This Is Awkward Check out my new podcast This Is Awkward using the link below. https://podfollow.com/this-is-awkward
17 min
The Power Of Zero Show
The Power Of Zero Show
David McKnight
How to Maximize Your Net Worth When Doing Roth Conversions & More
David has written a number of books on the Power of Zero paradigm for retirement and still does about 90 speaking engagements each year. He also runs a program with around 250 advisors that help him espouse the Power of Zero worldview. The basic premise of the Power of Zero is that due to the fiscal irresponsibility of the US, tax rates will have to rise dramatically over the next few years just to keep the country solvent. Combine that situation with a skyrocketing national debt and unfunded liabilities and there are massive implications for a generation that has the majority of their retirement money in the tax-deferred bucket. If you can situate your retirement assets such that in retirement you are in the zero percent tax bracket then you have effectively insulated yourself from the impact of higher taxes. If you’re in the zero percent tax bracket and tax rates double, two times zero is still zero. Conventional wisdom says that you will be in a lower tax bracket in retirement than during your working years, and that made sense in the 70’s but it doesn’t hold true for the current situation. What he found was that a lot of the deductions you enjoy when you’re working disappear once you retire and many people end up in a higher tax bracket instead. We know that the current tax rates expire on Jan 1, 2026 and they will return to what they were in 2017, but the real danger is what will happen to tax rates in 2028, 2030, and beyond. We are moving into a future where the debt we are taking on will be unsustainable and we will either default on the debt or raise taxes. It will be challenging but there are ways for people to insulate themselves from these dire repercussions. Most people believe that tax rates will be higher in the future, but they still have the majority of their retirement portfolio in the tax-deferred bucket. This means there is a disconnect between what people believe and how they act because of the inertia of traditional wisdom. Like the average person, the federal government has trouble delaying gratification. We do a lot of things as a country that help us scratch our itch in the short term but that has a lot of adverse repercussions over time. This is a problem that pervades every single part of government and society, but there are things we can do to forestall these eventualities. There isn’t an official zero percent tax bracket, but it is possible to not pay tax in retirement by positioning your money in the right amounts in the right accounts. David’s second favorite tax bracket is the 24% tax bracket because it doesn’t “cost” as much. If you’re in the 22% tax bracket, increasing your taxes by 2% will give you an additional $150,000 in shifting capacity to get more of your money into the tax-free bucket before tax rates go up for good. There is a right amount of money to shift each year that doesn’t push you up into a higher tax bracket but allows you to complete all the shifting before 2026. The Roth conversion is the workhorse that allows you to shift your money to the tax-free bucket. The Power of Zero strategy is not hard to implement. Roth conversions are relatively easy to do, in terms of not having to liquidate assets. You just have to be willing and able to pay the taxes from some other source. When you figure out your taxable income, you figure out what your highest marginal tax bracket is. David breaks down the basic process of a Roth conversion and why you should pay your tax at the time of the transfer. Your taxable bucket is your least efficient bucket. You know you have a taxable investment if you receive a 1099 form from your financial institution. This isn’t good because when you amortize those efficiencies over a lifetime, it can cost you hundreds of thousands of dollars. Shift money from your tax-deferred bucket to your tax-free bucket by using money from your least efficient bucket. In the act of paying taxes on our Roth conversion out of our taxable bucket, we are reducing our least efficient bucket and maximizing our most efficient bucket. Study the tax brackets and the fiscal condition of the country. Let’s not invest our money in a reflexive sort of way, let’s be more cognizant of the fiscal condition of the country and make investment decisions accordingly.
22 min
Bogleheads On Investing Podcast
Bogleheads On Investing Podcast
bogleheads
Episode 029: Frazer Rice, host Rick Ferri
Frazer Rice is the author of “Wealth, Actually: Intelligent Decision-Making for the 1%”, host of the “Wealth, Actually” podcast, creator of the "Wealth, Actually" blog, and a Northeast Regional Director for Pendleton Square Trust Company. Frazer is an attorney and experienced trust officer. His wealth management career has included serving for over 15 years as a Managing Director at Wilmington Trust Company. We cover a lot of ground in this episode including estate planning, reasons for using trusts, selecting trustees, family dynamics, investing for 1%'ers, and much more! This podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free website at Bogleheads.org, and the wiki site is Bogleheads® wiki. Since 2000, the Bogleheads' have held national conferences in major cities around the country. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added on a regular basis. All Bogleheads activities are coordinated by volunteers who contribute their time and talent. This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.
1 hr
White Coat Investor Podcast
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
193: Cure Physician Burnout with Dr. Dike Drummond
Burnout is a big risk to your finances. Your fastest path to cash is as a board-certified doctor. We want you to be happily practicing medicine for as long as you would like. Our guest in this episode is Dr. Dike Drummond who we have written about before https://www.whitecoatinvestor.com/using-a-venn-diagram-to-decrease-burnout/ . He has spent the last 20 years coaching and training physicians on the prevention and recovery from burnout. In this interview we discuss the causes of physician burnout, depression vs burnout, symptoms of burnout, and how to recover from it. Recovering from and preventing burnout, and building a wonderful life is just connecting a series of baby steps. If you are feeling burned out and looking for a cure, start with this episode and it will help you identify the next steps. See the show notes here http://whitecoatinvestor.com/cure-physician-burnout-with-dr-dike-drummond-podcast-193 Gain the expertise to manage the business of medicine with the Physicians Executive MBA at Auburn University’s Harbert College of Business. Their flexible physicians-only program lets you earn your MBA without taking you away from your patients. Auburn’s unique twenty-one-month program blends innovative distance learning with five short on-campus residencies. Tailored to the practicing physician, Auburn’s Physicians Executive MBA program is currently enrolling for Fall 2021. Take control of your future during these challenging times. Learn more at http://www.auburn-pemba.com
55 min
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