Last year was historic for the stock market, not only because of the positive returns every month, but also because of the low volatility on which these returns were earned. The stock market is off to great start this year, but will the smooth ride continue? Plus, our live portfolio review asks the question: when is NOT taking enough risk actually a BIG risk? Also, if you’re already struggling with your resolutions, Andy gives his S.M.A.R.T. guidelines for setting goals in 2018 and beyond.
As the great Yogi Berra once said, “It’s hard to make predictions, especially about the future.” After a record-setting year in the stock market, many investors are wondering what’s next. Bob and Andy stress the importance of managing fear when it comes to financial planning. Plus, the guys reveal a free and easy way to make sure your portfolio is on the right track!
Happy New Year from Investing Sense! As we look forward to 2018, it’s always a good idea to look back and reminisce about where we’ve been. Listen along with Andy and Bob as they re-visit some of the best ideas, interviews, and insights of 2017!
Bob and Andy examine market returns through mid-December, and discuss reasons to be optimistic about the bull market heading into 2018. Also, fraud expert Kathy Bazoian Phelps joins the show to talk about Ponzi schemes and how you can protect your money. Plus, don’t miss Andy as he closes out the year with a special holiday poem…with a twist!
It’s the time of year when investors look forward to the promise of a new year, and look back at the returns of the past year. Bob and Andy take a listen to what some pundits in the financial media were predicting throughout 2017, and it turns out that fake news applies to more than just politics! But with all the reckless statements made by the media, what is an everyday investor supposed to do? Plus, Andy shares ways to avoid all-too-common holiday charity scams.
As Bob says, it’s been a very “interesting” year, but through it all, the stock market continues to perform. Yet, too many Americans are missing out on the record rally in stocks because they can’t tune out the noise coming from news and politics. Andy repeats that it’s never too late to get in the market and emphasizes the importance of looking forward, not back. Also, author and financial expert Deacon Hayes sits down to explain how you CAN retire early!
This could be a make-or-break week for tax reform, and it’s coming down to the wire. What happens to the stock market if reform passes? What if it fails? Bob and Andy dissect differing opinions and help you navigate this binary set-up that could have a big impact on your portfolio. Also, Dan Ariely, a leading expert on psychology and finance, joins the show to talk about how we “mis-think” about money.
As you are hopefully enjoying some days off full of food, football, and family time, enjoy a few fall highlights from Investing Sense, including real estate expert Greg Cooper’s in-studio interview and Diane Daniels’ tips on how to cut healthcare costs. Plus, re-visit what Tom Petty has to do with your estate plan!
If tax reform passes, should investors buy or sell? What if tax reform fails? Andy and Bob break down the answers to these critical questions going into year’s end. Plus, author Emily Guy Birken stops by to share advice on how to finally put an end to financial stress - with a story about Zombies? Also, get the scoop on new 401(k) contribution limits and Social Security benefit changes for 2018!
There’s so much going on right now in financial news, from tax reform, to changes at the Federal Reserve, and fluctuations in interest rates. Andy cuts through all the noise coming out of Washington and boils it down to the financial planning aspects investors should focus on right now. Also, Bob asks a literal “million-dollar” question: How long would $1 million last in retirement?
The stock market is at a crossroad between Wall Street and K Street as tax reform winds its way through Washington D.C. Resident D.C. insider JT Taylor breaks it down and hear Treasury Secretary Steve Mnunchin’s warning if tax reform fails. Long-time friend of the show, Diane Daniels, drops by to share tips on how to cut healthcare costs. Plus, a listener asks Andy: What should I do when my advisor won’t call me back?
Washington D.C. insider JT Taylor, senior policy analyst at Hedgeye Potomac Research, joins the show to talk about the potential impact of the Republican tax reform proposal and how it could impact your bottom line. The “funniest tax guy”, Ed Lyon, stops by to share some hilarious stories and practical tax advice that could save you thousands. Plus, what does Tom Petty have to do with your estate plan?
All year long Bob and Andy have been talking about the promise of technology and how it’s improving our lives, including the optimistic future of investing in that technology. Bitcoin and other cryptocurrencies are no exception, as they, along with the stock market, continue making all-time highs. How can investors take advantage of this asset class? Also, real estate expert Greg Cooper is in studio to give advice and share stories about real estate investing.
What’s behind the most recent move to all-time highs in the stock market? One important factor is the growth of corporate earnings, particularly in the dynamic technology sector. Also, author Mike Haubrich joins the show to talk about the concept of career asset management, how to measure your value as an employee, and how to get a raise!
While the Amazon empire of robotic efficiency and delivery drones seems like it’s taking over the world, Best Buy has made a bounce back by re-introducing the human element to the retail experience. This human element is a big part of the potential value provided by financial advisors. Also, Financial Engines advisor Gary Murphy joins the show to talk about small, simple steps investors can take to help grow retirement savings regardless of income level.
Warren Buffett recently made a prediction that the Dow will reach 1,000,000 within 100 years. This has ruffled some feathers, but Andy wishes more individual investors would think like this, focusing not on where the market has been, but rather where the market is going. Also, with Medicare open enrollment right around the corner, the guys talk with Medicare expert Diane Daniels and explore many facets to saving for healthcare costs in retirement.
Bob and Andy continue on the topic of protecting yourself and your loved ones against financial scams. This week, FBI victim specialist and fraud expert Debbie Deem joins the show to talk about financial crimes, especially those committed against the elderly. Learn the red flags to look for so you can protect yourself and your loved ones. Also, Andy weighs in on the recent news about potential scams surrounding cryptocurrencies.
Even though there is a lot of good news in the market this week, our attention stays focused on the areas hit by the devastating hurricanes. Unfortunately, in the wake of any natural disaster, the inevitable scams are popping up. John Bunch, president of Financial Engines Advisors, joins the show with advice on how to protect yourself and your loved ones.
It’s no secret that retirement is expensive, and there are so many variables: inflation, health care costs, pension dilemmas… Is there a magic number for a successful retirement? Instead of a nice round number to aim for, Andy explains a better way to think about it: the income gap. Plus, Financial Engines advisor Jeff Klever joins the show to share a real client story.
As summer begins to roll over into fall, Bob and Andy are getting excited about the holiday weekend, but also extend thoughts and prayers to everyone in South Texas and Louisiana. In the wake of emergencies like this, we want to help people protect themselves. Please visit our Gulf Coast Help Center here: https://financialengines.com/harvey. Also, author Janet Lombardi joins the show to talk about her memoir about how bankruptcy affected her life and family and what we can learn from her experience.
Bob and Andy discuss how incredibly complex and extremely costly Social Security can be if you make a mistake with your claiming strategy. However, if done correctly, and with the right guidance, the benefits can be life-changing. Also, Stuart Woodbury, president of TMFS Insurance Agency, weighs in on terrible insurance products and annuities.
Spending too much money can be way too easy and sometimes turns into a hard habit to break. The guys take a look at a new study that features the opposite: the lifestyle habits of super retirement savers. How can we get hooked on these good habits? Also, author Richard Watts joins the show to talk about his new book, “Entitlemania: How Not to Spoil Your Kids, and What to Do If You Have.”
As temperatures start to get a bit lower, the stock market keeps on rolling higher with the Dow Jones hitting another milestone last week: a record high 22,000 before worries over North Korea caused a small pullback. Bob questions Andy about the factors contributing to the record-setting numbers and what the future holds. Also, what do zombies have to do with your finances? Special guest Emily Guy Birkin joins the show to talk about her latest book about financial stress.
Love may be priceless, but can you actually BUY happiness? Researchers have found that time-saving purchases can lead to less stress, more positive feelings and greater life satisfaction. This could also be an overlooked benefit of working with a financial advisor. Also, why are so many people asking Andy about indexed annuities?!
More than just going through facts and figures, a financial advisor also helps clients realize their hopes and dreams for future generations. Cleveland area advisor Dominic Anzevino joins the show to tell a story that exemplifies this goal. Plus, a 500-year-old guide to becoming a billionaire!
Bitcoin is growing all the more popular these days, including a photo bomb during Janet Yellen’s appearance before congress last week! The guys take calls about this trendy cryptocurrency: What’s the best way to invest? What are the tax implications when making bitcoins? What does the future look like? Plus, a portfolio review with a young investor who may be guilty of survivorship bias.
A new monster muscle car impresses the guys with its style and performance stats. It's so powerful, buyers have to sign an acknowledgement letter before driving, which makes Andy think of the Department of Labor's Fiduciary Rule. Plus, special guest Meir Statman, Professor of Finance at Santa Clara University, joins the show to talk about investor behavior and retirement habits.
At the halfway point of 2017, Andy takes a look at market performance over the past six months. Also, Bob gets excited about retiring in Margaritaville, as guest Mike Belmont, president of Minto Communities USA, talks about these unique retirement communities.
Happy birthday, America! Celebrate the 4th of July with Andy and Bob as they tell the story behind the story of the Amazon.com (AMZN) acquisition of Whole Foods (WFM). Andy shares 7 of his must-watch American movies over the holiday. Plus, get the lowdown on high healthcare costs from Medicare expert Diane Daniels.
From Facebook to Netflix, and even bitcoin, technology is all the rage on Wall Street. Learn what's behind the recent volatility in tech stocks and how technology is improving our daily lives. Plus, hear how Darin Pilancinski, Senior Vice President – Financial Planning, Financial Engines, helped an elderly investor cut bait on a hedge fund.
Happy Father’s Day weekend! There’s been a lot of recent focus on big tech stocks with lofty share prices. Are they a cause for worry? Also, John Bunch joins the show to talk about the most common elderly financial scams.
10,000 bitcoins paid for two pizzas in 2010 would be worth $20 million today. Bob and Andy take a look at the cryptocurrency bull market, and whether or not it is a bubble ready to burst. Also, Andy speaks to a caller about the DOL fiduciary rule, and the impact it could have on retirement savers.
As the dog days of summer get underway, the guys examine the latest dominant storylines: Uncertainty in politics, another look at the state of pension plans, as well as a peek at the NBA playoffs and what financial lessons we can learn from athletes. Plus, research economist Dr. Geoffrey T. Sanzenbacher talks about the benefits of a late-career job switch.
Happy Memorial Day Weekend! John Bunch shares the personal impact and lessons to be learned from the Bernie Madoff story. Also, expert organizer and TV personality Peter Walsh talks about decluttering our homes, and downsizing for retirement. Plus, a special DOUBLE portfolio review!
We all know the saying: our perception is our reality. But can errors in our perception lead to bad investing decisions? University of London professor of neuroscience Beau Lotto joins to show to talk about our biases, assumptions, and how we perceive the world. Also, a look at the good, bad, and ugly side of ETFs.
Happy Mother’s Day! Don’t forget to buy flowers for your mom this weekend, but a secure retirement is an even better gift. Bob and Andy talk about taking steps to help with your loved ones’ financial future. Also, political strategist JT Taylor joins the show to talk about the current huge topics in Washington.
Investing Sense has been on the air for a whole year! To celebrate, Andy and Bob share behind-the-scenes recordings and a look at the past year’s news headlines. Plus, wealth psychologist Kathleen Burns Kingsbury joins the guys to talk about financial infidelity.
Investing in marijuana stocks is a blazing hot topic. Bob and Andy dive into this controversial emerging industry and discuss whether it’s a valid investment opportunity or just blowing smoke. Also, a look at Trump’s first 100 days and his just-released tax plan.
The average cost of retirement is 2.5 times the cost of your house, or 9 times the cost of college! How can one rely on more than hope to reach their retirement goals? Plus, Andy gives some insight on the biggest threat to retirement plans.
Your “biological age” is NOT necessarily the same as your “chronological age”, and this difference can have a huge effect on your retirement plan! Plus, Andy dives into some economic indicators for springtime.
The guys give us an update on the Department of Labor Fiduciary Rule. Also, history shows that investors are unable to time the market, but still do it, therefore missing out on returns. Andy helps save us from this bad behavior. Plus, special guest author Scott Sonenshein talks to the guys about how his new book, Stretch, can apply to investing.
Want to avoid being the biggest April Fool of all? Andy has some IRA tax tips to save you money, guest Christopher Jones debunks common financial fake news, plus a look into some questionable investing fads.
Some pension funds are starting to show signs of trouble; Andy and Bob discuss how these guaranteed funds may not be so “guaranteed” anymore. Also, the costliest miscalculation people make with their 1099!
A discussion of the first interest rate hike of 2017 that was recently announced, including the reasons why it happened, and what we should be doing in the weeks and months ahead. Plus, retirement in the famous Margaritaville!
To commemorate the second-longest bull market in history, Bob and Andy re-live some of the painful investing moments along the way. Also, expert John Diehl shares MIT AgeLab research on how technology will add life to our retirement years.
Special guest Christopher Jones talks to the guys about target-date funds and how they are widely misused. Also, Andy re-writes some misleading investing headlines.
Andy and Bob talk about the impact President Trump has been having on markets, particularly through his messages on Twitter, and what it means for everyday investors.
Andy and Bob discuss the recent memorandum issued by President Trump asking for a re-examination of the conflict of interest/fiduciary rule.
Andy and Bob talk with Christopher Jones about how the S 500 works, how it’s changing and why it may not be the best benchmark for you.