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The majority of people in fact-- to spend too much even when we seem to make all the right moves? Steve and Sinclair review an intriguing report from the Wall Street Journal.

The majority of people in fact-- to spend too much even when we seem to make all the right moves? Steve and Sinclair review an intriguing report from the Wall Street Journal.
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Location:

Mesa, AZ

Description:

The majority of people in fact-- to spend too much even when we seem to make all the right moves? Steve and Sinclair review an intriguing report from the Wall Street Journal.

Language:

English

Contact:

800-293-5366


Episodes

Mastering Money 9/18/18

9/18/2018
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One of the biggest concerns for retiring Americans is whether or not Social Security and Medicare will be there for them after paying into the system so faithfully for decades. With the rising popularity of proclaimed Socialist candidates like Alexandria Ocasio-Cortez, Liz Warren, and Bernie Sanders--the socialist agenda is gaining steam this fall. That agenda includes free Medicare for all, a Universal Income for all, and free College for all!! …Socialism couldn't really take hold in the...

Duration:00:44:39

Mastering Money 9/17/18

9/17/2018
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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!

Duration:00:42:56

Mastering Money 9/14/18

9/14/2018
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We’ve all heard the rather arrogant old billionaire who hates annuities and thinks you should too! It must be nice to be a billionaire, and not ever have to worry about things like guarantees, safety of principal, protection from market crashes, and protection for heirs. The truth is, annuities aren’t made for billionaires, and no billionaire can truly understand why, when planning for thirty years of retirement, you would want actual guarantees of principal and income in your financial...

Duration:00:44:42

Mastering Money 9/13/18

9/13/2018
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Are You an Investor…. or a Gambler? Imagine this scenario: you’ve just flipped a coin in the air 10 times, and somehow, all 10 flips came up heads! Now, if you were asked to say which side, heads or tails, had a higher probability of coming up on the 11th flip, what would you say? If you’re like most people, you would immediately respond that tails was more likely on the next flip. …But you’d be wrong! That's because the probability of getting either heads or tails on the 11th flip is...

Duration:00:44:39

Mastering Money 9/12/18

9/12/2018
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The current U.S. economic expansion is one of the longest in history--or THEE longest, depending on which expert you talk to! Either way… it's LONG! And while the next recession may not be imminent, at some point, one will happen. The smart money doesn't wonder WHEN it will happen, or HOW it will happen. The smart money PLANS for it happening and builds a portfolio that not only is prepared, but even benefits in some way when setbacks arrive. How exactly do you go about building an all...

Duration:00:44:12

Mastering Money 9/11/18

9/11/2018
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When fiascos like the 2008 crisis occur, investor confidence can hit at an all-time low and many investors wonder whether or not investing in stocks is worth all the hassle. But then they see the market come back--- and they begin to kick themselves for not staying in the game when they had the chance. The 2008 Crash proved one thing for sure: even after the “Mother” of all Market Crashes, investment money started flowing back into stocks eventually, proving that the stocks of companies with...

Duration:00:44:42

Mastering Money 9/10/18

9/10/2018
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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!

Duration:00:42:51

Mastering Money 9/7/18

9/7/2018
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As machines get smarter, there is a persistent fear in the minds of economists, policy makers and, well, let’s face it--everybody: that Millions of people will become irrelevant-- and jobless. Bill Gates is on record saying that forty percent of ALL the jobs currently being done by humans will be obsolete, and done by robots by 2025—only seven years from now. McKinsey Company says that up to 350 million jobs worldwide will be affected. Can this be a good thing for the stock market and your...

Duration:00:44:02

Mastering Money 9/6/18

9/6/2018
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The same mind-set that works so well when people are building their nest egg can damage their quality of life in retirement. So says Meir Statman writing in the Wall Street Journal. Dr. Statman is a top professor of finance at Santa Clara’s Leavey School of Business and the author of the book “Finance for Normal People: How Investors and Markets Behave.” Imagine spending a lifetime acquiring habits that offer the promise of a longer, happier and more fulfilling life. Then imagine that in...

Duration:00:44:39

Mastering Money 8/5/18

9/5/2018
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How Much Money Will You Really Spend in Retirement and what percent of your pre-retirement income should you guarantee yourself POST retirement? Well, according to research published in the Wall Street Journa., probably a Lot More Than You Think! As Dan Ari-e-ly, the James B. Duke Professor of Psychology and Behavioral Economics at Duke University recently wrote in the Wall Street Journal, most of us vastly underestimate the percentage of our pre-retirement income we’ll need, POST...

Duration:00:44:15

Mastering Money 9/4/18

9/4/2018
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Glenn Ruffenach, a retirement columnist for MarketWatch and the Wall Street Journal, said that 2018 was the first year-- ever--that readers overwhelmingly disagreed with him about delaying retirement benefits. In fact, many Americans are grabbing benefits at 62 because they want to make the most of their Social Security dollars while they’re still relatively young and fit. Or, as one reader put it: “You never know when your health will turn south, so ‘Spend it while you’re able’. Another...

Duration:00:44:43

Mastering Money 8/31/18

8/31/2018
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Reinvesting dividends is one of the most powerful tools available for boosting investment returns over time. It’s not opinion, it is traceable, trackable, mathematical fact. Without reinvesting dividends, $1,000 dollars invested on January first of 1993 in the MSCI World Index, would have grown to $3,231 dollars by March of 2018-- a 324% increase representing a 5.9% compounded return. But by REINVESTING all dividends, the same one thousand dollars would have grown to $6,416, nearly twice the...

Duration:00:44:15

Mastering Money 8/30/18

8/30/2018
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It is a fact: The Social Security trust funds are on a path to run out of money by 2034, leaving only new tax money to pay benefits for the rapidly growing number of retirees. The American population is simply aging too fast! Official projections show the Social Security trust funds will run out of money entirely by 2034, at which point Social Security will only be able to pay out as much as it collects in payroll taxes. Will Congress solve the problem? Not likely--Today we'll explore why...

Duration:00:44:39

Mastering Money 8/29/18

8/29/2018
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Wouldn’t it be nice if you could buy the stock of the consensus best companies in the U.S., put them in a drawer, forget about them, and wake up one day tripling your original investment? Warren Buffett once said “My favorite holding period is forever.” In other words, Buffett has always looked for stocks classified as "KEEPERS"--stocks you hold onto. Markets will rise and fall, but “keepers” keep making money in hard times, and are often the first to come back after a downturn as...

Duration:00:43:59

Mastering Money 8/28/18

8/28/2018
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The Wall Street Journal reports that real estate is becoming a problem sector as interest rates rise. Publicly traded Real Estate Investment Trusts—known as REITS—are impacted negatively by rising rates, causing a Catch 22 for real estate trusts. The better the economy does, the higher interest rates could go which in turn could hurt real estate, and eventually, the market as a whole!! We'll review the facts. Then Steve lays out 3 key guidelines for building retirement wealth with Outcome...

Duration:00:44:52

Mastering Money 8/27/18

8/27/2018
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...It’s a MOTLEY FOOL MONDAY!! The Motley Fool is one of America’s most popular radio programs dedicated to making money in the Stock Market. It's been heard by millions of listeners over the years, now you can hear a special broadcast of the Motley Fool every Monday on Mastering Money right after an update of late breaking financial news...it's a power packed show today that you don't want to miss...MASTERING MONEY is on the air!

Duration:00:43:06

Mastering Money 8/24/18

8/24/2018
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Is it possible to average an 8.43% return on your investments in retirement, withdrawing only 5% per year, and still run out of money in 20 to 22 years? It’s not only possible, it happens more often than you think!! In fact, a study by prominent CPA firm Ernst and Young reveals that due to low interest rates and high markets, today's affluent retirees are more at risk than ever of running out of money--even starting with a million dollars or two million dollars on retirement day! The key...

Duration:00:44:14

Mastering Money 8/23/18

8/23/2018
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The current stock market remains volatile going into the mid-terms, hanging on trade deals and trade wars! Many people are still hanging on to growth stocks, but an increasing number of analysts are saying that VALUE stocks--especially value stocks that pay dividends--represent an increasing opportunity. After a complete market analysis, Steve will review both the Black Diamond Dividend VALUE, and the Blue Diamond Income and Growth portfolios---- with instructions on how to properly bucket...

Duration:00:44:20

Mastering Money 8/22/18

8/22/2018
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The Wall Street Journal reports that real estate is becoming a problem sector as interest rates rise. Publicly traded Real Estate Investment Trusts—known as REITS—are impacted negatively by rising rates. The big concern is that the higher rates go, the less money will stay in stocks as a whole, not just real estate stocks. Find out how many investors are at risk right now and don’t even know it!! Then Steve reviews the key building blocks of a durable financial plan--one that can grow your...

Duration:00:44:11

Mastering Money 8/21/18

8/21/2018
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Even though this stock market is about to become THE longest running bull market in history, smart investors know that there are still strong investments to be made. The stock market may have a pull back one of these days, but if you choose profitable companies which have the market cornered on what they do, there is still strong opportunity for part of your portfolio. Today we’ll look at two stocks featured by the Wall Street Journal and the Motley Fool with a great ten year outlook—Abbott...

Duration:00:44:10