Retirement Talk Podcast with Laura Stover
188 episodes - English - Latest episode: 5 months ago - ★★★★ - 38 ratingsRetirement talk - Redefining Wealth and Your Money with Laura Stover is a podcast that educates, entertains, and helps prepare our listeners for retirement. It's a show designed for those looking to maximize their financial efficiency and fulfill their lifestyle. It is also geared toward those needing to transition from accumulation to preservation and the necessary shift in how money is managed. Based on Laura’s two decades of experience with financial coaching and consultation to hundreds of individuals across the US, this podcast could make a difference in your retirement income, cutting your taxes, or both!
Laura shares thoughts and ideas from today’s premier experts in the field of retirement, as well as the latest in retirement trends to help you make better financial decisions regarding YOUR retirement.
In each episode, Laura will share financial news and provide insight and resources on topics such as retirement, retirement income planning, reducing unnecessary taxes, protection from market risk, wealth transfer, estate planning strategies, long-term healthcare, social security and much more.
Your host is wealth advisor Laura Stover. Laura is the CEO of LS Wealth Management. She is also the founding partner of LS Tax, a consulting and tax planning firm. Laura is a registered financial consultant and investment advisor. She attended Huntington University, as well as the prestigious Wharton School with a certification in executive leadership, and focus on entrepreneurism. She has been a co-author with Renowned Businessman Steve Forbes as well as a multiple time contributing columnist to many national publications such as the Wall Street journal, CNBC online and USA today. A sought-after speaker and entrepreneur, Laura has close to twenty years of experience as an investment advisor. She has become a well-known financial resource and a go-to advisor for national media outlets and clients across the country.
The focus starts with why you plan to retire in the first place, how you will fulfill your dreams and most efficiently organize your assets. You'll plan how to manage the growth necessary to sustain your lifestyle needs throughout your retirement journey. We want to redefine your wealth and money.
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Episodes
Investment Trends and Predictions for 2022
January 14, 2022 11:00 - 42 minutes - 58.7 MBAs we are settling into the new year, a lot of economic movement is already happening. The markets are off to a rocky start. We were probably a little spoiled in 2021, especially with the S&P ending the year a little over 28%. Now we are going through an adjustment period. So, what can investors expect in 2022? As a result of supply chain shortages and subsequent inflation, we'll probably be seeing higher interest rates. Inflation is going to get worse before it gets better. Furthermore,...
The Case for Fixed Index Annuities
January 07, 2022 11:00 - 25 minutes - 34.6 MBOpinions can be pretty split when it comes to annuities. Some people love them and some people see them in a less favorable light. Especially with the onset of the pandemic, we’ve seen a lot of people with insecurities about their retirement. Having too much faith in one product or one type of investment can be dangerous. We want to help you put perspective on this vehicle and investment tool. There’s a place for everything when investing, but balance is important. Annuities can be used to...
What’s Causing Inflation in 2021 and is Biden to Blame?
December 31, 2021 11:00 - 30 minutes - 42 MBInflation is a dubious topic and a lot of people are searching for answers when it comes to inflation increases in 2021. For many years inflation in the U.S. was so low many people didn’t care about it, but everyone seems to be talking about rising prices this year. So, what’s causing this historic rise? Coming out of the pandemic, we were simply not ready to see the amount of demand we saw from consumers. Coupled with a new governmental administration, we’ve seen a dramatic delay in o...
Estate Planning — The Irrevocable Life Insurance Trust (ILIT)
December 24, 2021 11:00 - 23 minutes - 32.6 MBWith the "Build Back Better" bill working its way through the Senate, we thought now would be a good time to discuss estate planning and the powerful Irrevocable Life Insurance Trust (ILIT) tool. Originally created when exemption levels were much less than they are today, the ILIT was designed to provide individuals the ability to pass on life insurance through a trust. It is irrevocable so you want to work with a qualified team when setting one up! On today's show, we'll discuss the benefit...
What to Know Before Hiring a Retirement Financial Advisor
December 17, 2021 11:00 - 30 minutes - 42.6 MBWhen you are looking to work with an advisor, what should you pay attention to? Maybe your advisor was referred to you by a friend or family member. Perhaps you began meeting with them when you were in the accumulation phase of your life and now you are in retirement and facing decumulation. Ask yourself what phase of life you are in and if your advisor is still matching your portfolio needs. On today's episode, we'll be discussing what you need to consider before hiring a retirement financi...
Potential Changes in the Market and Taxes Based on Fed Policy
December 10, 2021 11:00 - 31 minutes - 43.6 MBWith the recent dip in the market around the holidays, we’re seeing a lot of conversations around the potential changes over the next ten years that lead to the idea of an upcoming rough year for investors. In this episode, we’re debunking some of the ideas that the 2022 market will be bad for investors based on historical data. Listen in as we discuss a few important details you need to know about your taxes, your investments, and potential changes coming in the next few years. R...
Adjusting Monte Carlo Success Thresholds By Tolerance For Spending Volatility
December 03, 2021 11:00 - 32 minutes - 45.3 MBHave you looked into the odds of success with your financial plan? In this episode, we’re exploring the Monte Carlo Success Thresholds, highlighting adjustments in tolerance for spending volatility, and sharing three questions you should be asking yourself as you think through every situation in your retirement planning. Review the article mentioned in today’s show >> Today's episode and show notes can also be accessed by visiting: redefiningwealth.info/81 Rate & Review the Podca...
5 Ways to Pay for Long-Term Care in Retirement
November 26, 2021 12:00 - 42 minutes - 58 MBIf you’re planning out the details of your income and life in retirement, you should also consider what your plan looks like for long-term care in retirement. In this episode, we’re discussing the impact that inflation has had on the costs of long-term care, how you should be protecting your assets, and five ways to cover the costs of long-term care in retirement. Review the article mentioned in today’s show >> Today's episode and show notes can also be accessed by visiting: https:...
Inflation vs. Stock Market Returns
November 19, 2021 11:00 - 37 minutes - 51 MBWhile these unprecedented times have caused inflation, you may also be worried about your investments or potential investments. As we look through historical data, there isn’t a clear sign that inflation will impact your investments. In today’s episode, we discuss the current state of inflation in the US, the causes of inflation, and the importance of a written plan. Listen in as we highlight some important historical data to clear up any thoughts you may have had about investing, even wit...
What Causes Hyperinflation and the Effects on Our Economy
November 12, 2021 11:00 - 28 minutes - 39.1 MBHyperinflation has had a catastrophic impact on the economy in the past, but now Twitter CEO Jack Dorsey has issued a warning that it will impact the US soon enough. In today’s episode, we’re discussing this recent tweet from the CEO, highlighting what causes hyperinflation, and sharing how pre-retirees and retirees would need to plan for it. Review the article mentioned in today’s show >> Today's episode and show notes can also be accessed by visiting: https://redefiningwealth.info/78...
Maximum Social Security Taxes Will Increase 2.9%, While Benefits Will Rise 5.9% In 2022
November 05, 2021 10:00 - 28 minutes - 39.1 MBIn 2022, we’ll see a major cost-of-living adjustment (COLA) benefit increase for retirees, along with a social security tax increase for high-earning workers. These increased numbers are the biggest we’ve seen in decades. In this episode, we’re discussing the numbers associated with these changes, how it impacts your retirement earnings, and when it goes into effect! Review the article mentioned in today’s show >> Today's episode and show notes can also be accessed by visiting: redef...
What you Need to Know About the Confusing Roth IRA 5 Year Rule
October 29, 2021 10:00 - 27 minutes - 38.3 MBAre you familiar with the five year rules for Roth IRAs? It’s important that you understand these somewhat confusing rules whether you’re opening a Roth IRA now, considering converting your traditional IRAs, or you’re inheriting them. In today’s episode, we explain how these five year rules work, what you need to do for planning, and what your options are for avoiding penalties. Review the article mentioned in today’s show >> Today's episode and show notes can also be accessed by vi...
12 Questions Retirees Often Get Wrong about Taxes and Retirement
October 22, 2021 12:00 - 28 minutes - 39.1 MBDo you have questions about taxes and retirement? For many pre-retirees, there are so many unknowns. In today’s episode, we’re exploring 12 common questions that retirees and pre-retirees often get wrong about taxes and retirement. Listen in as we highlight these twelve questions, share the correct answers, and even reference a few options for different deductions and tax brackets. If you’re ready to get real answers and understand what to expect from taxes in retirement, this episode ...
Why Risk Tolerance Questionnaires Don’t Work for Determining Retirement Strategies
October 15, 2021 10:00 - 28 minutes - 39.1 MBWhen planning for your retirement and the strategies you’ll use to plan for it, many firms will have investors complete risk tolerance questionnaires. While these work to get a base-line understanding of where you are, they are an outdated approach for planning. In this episode, we’re discussing what these questionnaires ask, why they’re outdated, and the three L’s that Dr. Wade Pfau believes you should be concerned about when planning for retirement. Review the article mentioned in...
3 Ways Early Retirees Can Minimize Their Health Insurance Costs
October 08, 2021 10:00 - 28 minutes - 39.1 MBWe talk often about developing a plan for your retirement income and the strategies that go along with it. Have you considered how you’ll manage your the cost of health insurance? In today’s episode, we’re discussing three strategies that early retirees can minimize their health insurance costs. Listen in as we cover a few investment opportunities, the impacts of certain federal acts, and understanding how to plan for your health insurance cost. Review the article mentioned in today...
Social Security Planning for You
October 01, 2021 10:00 - 28 minutes - 39.1 MBDid you know that when social security was introduced in 1935, it was never meant to be used as a primary source of income? Realistically you should consider it supplemental income to be applied to your overall retirement plan. In today’s episode, we’re discussing a few key details in the 2021 Social Security Report, the impacts the pandemic has had on Social Security, and understanding taxation on your retirement income (including your social security benefits). Review the article men...
What’s Your Investing Nightmare?
September 24, 2021 10:00 - 28 minutes - 39.2 MBWhat if we were to ask you what your investing nightmare would be? Do you know? And what have you done to ensure you’re not risking that potential nightmare? In this episode, we’re discussing potential investing nightmares, the impacts of the market on many investing strategies, and how you can perform a SWOT analysis to make sure you’re not setting yourself up for that nightmare. Listen in as we review the importance of a defined investment process and why we’ve created a proprietary proc...
Tax Diversification in Traditional IRA vs. Roth IRA
September 17, 2021 10:00 - 28 minutes - 39.2 MBWhen considering all of your options for investing in retirement, you’ll likely have to consider what type of tax diversification you want to explore. A big debate comes into play when you’re looking at the benefits of a Traditional IRA vs. Roth IRA. In this episode, we’re discussing the limits of tax diversification options with investing in Traditional IRAs and Roth IRAs for your retirement. Additionally, we’ll be highlighting a common misconception with Roth IRA Conversions, how they wo...
Proposed Capital Gains Tax Changes with Retroactive Taxation
September 10, 2021 10:00 - 28 minutes - 39.2 MBAre you planning for the proposed capital gains tax changes that are potentially coming in 2022? These tax changes may not take effect until next year, but they will be retroactive and could impact your current holdings. In this episode, we’re exploring the proposed tax plan and changes under the Biden administration, who it affects, and how to know if you need to be planning for it. Review the article mentioned in today’s show >> Today's episode and show notes can also ...
Guaranteed Income Preferred Over Annuities
September 03, 2021 10:00 - 28 minutes - 39.2 MBYou have a variety of opportunities to consider when planning for retirement. What if someone were to ask you to pick between guaranteed income or annuities? Which would you choose? In a psychological study conducted by Morning Star, surveyors asked participants a series of questions to understand the impact that psychology and perception has on their financial decision making. In this episode, our hosts are breaking down the results of this study, along with the different types ...
3 Retirement Mistakes You May Be Making Right Now
August 27, 2021 10:00 - 28 minutes - 39.2 MBWe’re told that as long as we’re saving for retirement and making investments, we’ll be set—but that may not be the case. There are a few mistakes you could be making with your financial plan, and not even realizing you’ve made the mistakes. In today’s episode, our hosts are sharing three retirement mistakes that you may be making right now. Listen in as they discuss an article from Kiplinger highlighting the mistakes you need to avoid. Review the article mentioned in today’s show >> ...
Tax Free Income for Life
August 20, 2021 10:00 - 28 minutes - 39.2 MBAs we continue the conversation from last week’s episode, pulling important takeaways from David McKnight’s book, Tax-Free Income for Life, Laura, Michael, and JAG, discuss how the three buckets of tax can impact your investments and retirement. In this episode, they’re also sharing valuable advice by answering a listener’s question about how their investments and legacy are impacted by The Secure Act and Pro-rata Rule. Listen in as they discuss taxable, tax-deferred, and tax-free investme...
Understanding the Impact of Our Nation’s Debt on Your Taxes in Retirement
August 13, 2021 10:00 - 28 minutes - 39.2 MBMost experts predict a dramatic rise in tax rates within the next ten years, which has a direct impact on those heading into retirement. Despite your efforts to save, you’rere likely to outlive your money or watch it be taxed into oblivion. What can you do when traditional retirement distribution strategies won't provide sufficient income in the face of higher taxes? In this episode, we’re discussing some important takeaways throughout David McKight’s book, Tax-Free Income for Life. L...
Understanding Risk Capacity and Risk Tolerance in Retirement Planning
August 06, 2021 10:00 - 28 minutes - 39.2 MBAre you aware of the risk that comes with your retirement investments? If so, have you considered reframing the way you think about risk tolerance? In this episode, Laura discusses Kitces article on risk tolerance in Think Advisor and why it’s important to understand the benefits of the risks you’re taking. Listen in as she highlights the difference between risk tolerance and risk capacity, along with highlighting the 5 essential pillars in the Redefining Wealth Process for planning ...
Tax Benefits of Qualified Charitable Distributions in 2021
July 30, 2021 10:00 - 28 minutes - 39.2 MBIn 2021, we’ve been presented with a unique opportunity to maximize Qualified Charitable Distribution tax benefits! Due to the CARES Act and the COVID Related Tax Relief Act of 2020, this is your last chance to make unlimited contributions from your IRA to charity! In this episode, Laura discusses how this contribution works and what you need to know in order to take advantage of this opportunity. Review the article mentioned in today’s show >> Today's episode and show notes can also b...
Deconstructing the Complexities of Decumulation in Retirement
July 23, 2021 10:00 - 28 minutes - 39.2 MBWhile we don’t focus a lot of our time or conversations on decumulation, it’s definitely a topic we need to discuss. Decumulation in retirement is the approach you take to spend down or withdraw from your savings. In this episode, we’re discussing why it’s important to have a written income plan for decumulation, a few misconceptions you may have about decumulation, and some interesting findings about investors by a new study from PIMCO! Review the article mentioned in today’s show >> ...
Building Your Retirement with Roth IRA Contributions & Conversions
July 16, 2021 10:00 - 28 minutes - 39.2 MBWe’re all familiar with IRA’s, but have you read any recent news about Peter Thiel accumulating $5 billion in a tax-free Roth IRA? Sounds unrealistic, right? But it’s true. In today’s episode, Laura shares exactly how this happened, what this means for pre-retirees contributing to Roth IRAs, plus she’s sharing a simple “backdoor” strategy for unlimited contributions to your Roth IRA. Review the article mentioned in today’s show >> Today's episode and show notes can also be access...
Quantifying the Risk-Return Tradeoffs of Investing
July 09, 2021 10:00 - 28 minutes - 39.2 MBAs you’re investing your money and planning for your future, you should be quantifying the risk-return tradeoffs of investing. In this episode, Laura and her co-hosts are sharing about risk vs. return, understanding asset allocation, risk profile, and more when it comes to investing! Listen in as they highlight what the tools and trust you need to discuss with your advisor. Review the article mentioned in today’s show >> Today's episode and show notes can also be accessed by visiting: ...
What Investors Can Learn From The History of Inflation
July 02, 2021 10:00 - 28 minutes - 39.2 MBWhile you may be familiar with the impacts of inflation on your finances, you may not realize how the history of inflation can impact your investment patterns. In this episode, we’re discussing the history of inflation over the last 70+ years. Additionally, we’re sharing a few things to consider in how to approach your investments both today and in the future with inflation in mind. Review the article mentioned in today’s show >> Today's episode and show notes can also be accessed by...
The Tax Plan That Will Reduce America’s National Debt
June 25, 2021 11:00 - 28 minutes - 39.2 MBWith over $123 trillion in national debt, it’s important that American’s understand how this impacts both their lives and their taxes. After a global pandemic added nearly $10 trillion to our national debt, the taxation plan to get out of debt is even more aggressive than in years past. In this episode, Laura and Michael share their thoughts on America’s national debt, the terminology you need to know, and why taxes are important in repaying this national debt. Review the articl...
Should you invest in gold, silver, or bitcoin?
June 18, 2021 11:00 - 28 minutes - 39.2 MBWe’re always being asked about what investment class we’d encourage in today’s climate—even more specifically, about gold, silver, or bitcoin. For today’s episode, we brought in Nathan Akers, an expert from National Gold Consultants, to discuss the value and investing patterns of each! Listen in as we talk through the history of currency, how the feds are monitoring inflation, and thoughts on these three investment opportunities! We’re sharing why they’re all unique, the patterns of value ...
Is Brian Beaulieu Right About Another Great Depression?
June 11, 2021 10:00 - 28 minutes - 39.2 MBIf you take a look at history and the trends that led to the Great Depression in 1929, you may see a few similarities to what we’ve experienced in the last few years. This would lead one to believe that there may be another Great Depression on the horizon. Brian Beaulieu, the CEO and chief economist at ITR Economics, is know for the accuracy of his economic predictions over the years. With an accuracy rate of 95%, one wouldn’t ignore what he has to say. In today’s episode, we’re diving...
How to Avoid Paying Taxes on Your Life's Savings
June 04, 2021 10:00 - 28 minutes - 39.2 MBYou spend nearly your whole life planning and saving for retirement—are your efforts setting you up to avoid paying taxes on your life’s savings? In this episode, we discuss Ed Slott’s new book, The New Retirement Savings Time Bomb, and share a few things you need to know about The 2019 Secure Act and how it impacts not only your assets in retirement, but your beneficiaries as well! Review the article mentioned in today’s show >> Show Notes Intro (:00 – :38) The New Retirement S...
4 Ways the Secure Act 2.0 Would Change Retirement Planning
May 28, 2021 10:00 - 28 minutes - 39.2 MBOver the last few years, Congress has introduced new legislation that impacts your retirement and how you should be planning for it. In 2019, the Secure Act was passed, but Congress is at it again and has recently drafted the Secure Act 2.0. In today’s episode, we’re discussing the impacts that the Secure Act 2.0 may have on your retirement planning and what to look out for if it’s passed. Review the article mentioned in today’s show >> Show Notes Intro (:00 – :38) About the ...
What Type of Investor are You Based on Behavioral Finance?
May 21, 2021 10:00 - 28 minutes - 39.2 MBIn behavioral finance, we can explore how psychology influences our behaviors and decisions in finance and investing. Have you taken the time to explore how behavioral finance can determine what type of investor you are? In today’s episode, we’re discussing different investor types, and how that will impact your experience with finances and investing! Listen in to determine what type of investor you may be! Review the article mentioned in today’s show >> Show Notes Intro (:00 – :32...
The Current Impact of Inflation on the Economy
May 14, 2021 10:00 - 28 minutes - 39.2 MBIn the past, inflation has impacted the economy on many occasions, but more specifically, after a major crisis. As we begin to see our world opening back up after the global pandemic of 2020, we’re already seeing impacts of inflation on everyday items and raw materials. In this episode, we’re discussing the things you should worry about, the things you shouldn’t, and how this could impact your income in retirement. Listen in as we share historical data from the 1970’s and 2008, where our c...
How to Retire Early
May 07, 2021 10:00 - 28 minutes - 39.2 MBAre you doing your research and planning on how to retire early? If you’ve been playing around with the ideal, it’s important to review the potential strategies available to actually find a way to approach early retirement! In this episode, we’re discussing how to develop a written income plan, the approach we take with our clients to retiring early, and three different planning strategies you need to consider! Review the article mentioned in today’s show >> Show Notes Intro (:00 –...
What Type of Financial Advisor is Right for You?
April 29, 2021 16:44 - 28 minutes - 39.2 MBYour investments into retirement are a valuable and irreplaceable commodity that will impact the rest of your life—do you know the person you’re leaving that responsibility with? Understanding which financial advisor is right for you is one thing that most investors don’t realize they need to do. If your financial advisor isn’t getting to know you or your unique situation, it’s time to start asking questions. In today’s episode, we’re discussing what misrepresentation of a financial advi...
5 Easy Ways to Protect Your Retirement Savings From Taxes
April 21, 2021 20:41 - 28 minutes - 39.2 MBDo you understand what taxes you’ll be required to pay in retirement? Under new tax plans, you’ll likely be paying more than you anticipated. In today’s episode, our team talks through the changes in taxes that have happened over the last year, what this means for you, and how you can plan for them and protect your retirement. Review the article mentioned in today’s show >> Show Notes Intro (:00 – :38) Subscribe to Weekend Reading (2:38) Why Preparing for Higher Taxes Is I...
Treating Cash Value as A Fixed Income Investment
April 14, 2021 16:04 - 28 minutes - 39.2 MBIf you’re investing in an IRA, a 403b, a traditional 401(k), etc., it’s important that you understand the taxation on your savings vehicles, as well as develop a tax diversification plan. Listen into this episode as we discuss how your taxes could be impacted under the current proposed tax plan, what an Index Universal Life insurance plan offers in comparison to other vehicles, and highlight the importance of working with an expert for your financial planning. Review the article mentio...
Why 50% Probability Of Success Is Actually A Viable Monte Carlo Retirement Projection
April 07, 2021 20:58 - 28 minutes - 39.1 MBHave you looked at the probability of success for your retirement projections? Today, we’re discussing the Monte Carlo analysis—a common method used to conduct that probability of success for many preparing for retirement. Listen in as we share our thoughts on this method, considerations when it comes to interpretation of risk, and how this looks when you’ve divested your portfolio. Review the article mentioned in today’s show >> Show Notes Intro (:00 – :35) Subscribe...
Is a Million Dollars Enough to Retire?
March 31, 2021 18:16 - 28 minutes - 39.2 MBAre you scared of outliving your retirement and savings? Many retirees have that same fear, so it’s important to understand how your retirement withdrawals will work for you. One million dollars is the amount most will tell you to save for retirement, but is that enough? A few considerations to account for include your withdrawal rate, tax impact, and diversification of your investments. In this episode, listen in as we discuss how you should consider planning for your future and the detai...
How 10 Types of Retirement Income Get Taxed
March 24, 2021 17:34 - 28 minutes - 39.2 MBHave you proactively paid attention to the taxation on your retirement income? The investments you’ve made throughout your life in preparation for retirement all come with their own rules and taxes. In this episode of Retirement Talk Podcast, Laura, Michael, and JAG discuss how different types of retirement income get taxed and how you can better diversify your tax strategy and prepare for those taxes. Review the article mentioned in today's show >> Show Notes Subscribe to Week...
Does Your Portfolio Need Bitcoin?
March 17, 2021 16:52 - 28 minutes - 39.2 MBAre you playing with the idea of adding bitcoin to your portfolio? Whether you're approaching retirement or already there, today on the Retirement Talk Podcast we're sharing the good, bad, and ugly when it comes to adding bitcoin into your investment portfolio. Listen in as we discuss cryptocurrencies, how they're perceived by mainstream investors, and our thoughts on investing in bitcoin. Review the article mentioned in today's show >> Show Notes: Subscribe ...
3 Habits of Millionaires
March 10, 2021 19:46 - 28 minutes - 39.2 MBHabits are the result of actions we take repeatedly; when you adopt these three habits, you can whip your finances into the best state that they’ve ever achieved. The first strategy is adopt a Mindful Cash Management to automate your savings and add an accountability partner into the mix to keep you straight. By also investing for income and building up a robust emergency fund, you position yourself for long-term financial success. With these building blocks in place, the stage will be set...
How Well Does Dave Ramsey's Advice Hold Up To Scrutiny?
March 04, 2021 18:19 - 28 minutes - 39.2 MBPersonal finance guru Dave Ramsey offers advice to Americans based on a number of financial principals, including budgeting, reducing debt, saving money and spending less than you make. However, for each one of Dave’s fundamental principles, there is a legitimate counter argument. For example, while most Americans budget, they also live paycheck-to-paycheck and can’t come up with the money to cover a $300 emergency car repair. Clearly, this nugget of advice doesn’t work well for most people....
Emotions cost investors dear, research finds
February 24, 2021 16:39 - 28 minutes - 39.2 MBPoor investing decisions driven by emotions cost the average investor 3 percent a year in returns, according to research by Oxford Risk. Emotional decision-making increases during times of market and economic stress, creating even worse returns. For example, a decision to sell stocks when the market lost more than one-third of its value at the beginning of the global coronavirus pandemic could have cost an investor as much as 6 or 7 percent of their yearly returns. To avoid knee-jerk emotion...
Investing in gold and silver: 3 key differences
February 16, 2021 23:19 - 28 minutes - 39.2 MBMany investors view precious metals as an appealing option when the economy is floundering and inflation is rising. While gold usually gets all the love, silver can also be considered as a safe haven investment in turbulent times. In fact, investors rushed into both gold and silver in August due to concerns about the pandemic and weakening U.S. dollar. Gold prices leapt above $2,000 an ounce for the first time ever and Silver surged to $28 an ounce, 140 percent above its 2020 bottom. If yo...
The digital equivalent of the Peasants’ Revolt – why the GameStop story is both beautiful and terrifying
February 10, 2021 17:19 - 28 minutes - 39.2 MBThe digital equivalent of the Peasants’ Revolt – why the GameStop story is both beautiful and terrifying | The Independent The Game Stop story is quintessentially American – the little guy not only beats up on the big guy, but also gets rich and engages in worthy actions with that new-found wealth. The story begins when Ryan Cohen, founder of the online pet food company Chewy, took a large position in Game Stop stock. Game Stop began discussions with Cohen about his idea to pivot Game...
8 Ways To Invest Confidently In Retirement
February 03, 2021 01:34 - 28 minutes - 39.2 MBIf you’re still sitting in cash because of fear, it’s time to get a plan to get back into the market. Or maybe you have had fear because of a change in government and the unknown you are thinking I need to sit on the sideline a while and see what happens. All too often, investors flee the market out of a knee-jerk feeling that the market is headed in the wrong direction. However, you can’t – and shouldn’t – sit on the sidelines forever, because stocks are a part of virtually every type of...