Conference Call Archive:
Wednesday, March 12, 2014 6 PM
Conference Call Archive:
Wednesday, March 12, 2014 6 PM
If you want to know how many opinions there are about the economy, just multiply that by the number of investors out there. 2014 marks my 30th year in this business and I can honestly say that this is the most difficult environment I have ever witnessed. Most of this comes from the fact that the biggies, Bernanke and now Yellen, have changed all the rules. Free market capitalism has been tossed aside while they play God, bailing out their favorite cronies and printing trillions of dollars on a whim. Nevertheless, there are still plenty of ways to make money in this market if you know how to proceed.
At the end of the day, all the kings’ horses and all the kings’ men cannot fight the true underlying economic forces that ultimately reign. There is one fundamental rule in economics: for an economy to grow you need more spenders…period.
As I detail in Facing Goliath – How to Triumph in the Dangerous Market Ahead, the aging of America and the entire developed world are a hill so steep that even the Fed’s printing press cannot ultimately climb. The bottom is that the baby boomers are well past their peak spending years, and the generation behind them, Gen-x is far too small to make up their spending.
Not until the Echo-boomers, the children of the baby boomers get into their peak spending years will the economy take off again. The good news is that we have this generation, unlike much of the world. The bad news is that its 5-8 years away. Until then, we will be living with deflation. This is good if you are in the work force making money. This is not so nice if you are retired or out of work.
What is giving witness to this is the bond market. If we were on the verge of a new economic surge, as stocks have been suggesting, rates would be rising. Given the stock rally we’ve seen, the 10 year bond should be above 3%, instead it’s 2.55%. In bond market terms, that’s big money!
There are strategies that investors need to take in order to get the best returns with the least risk possible. We don’t need the best economy possible to be profitable, we just have to know how to play it. I do not believe that we are on the verge of a new economic collapse or a major crash….not yet. I expect the economy to limp along, never really taking off but not bad enough to throw us into another recession. This will keep the Federal Reserve stimulating with continued low interest rates and if inflation doesn’t get above their 2% target, a new round of Quantative Easing.
Stocks will be OK because they take their cue from corporate earnings, which will continue to go higher from continued cheap labor and cost cutting that has left them lean and mean. Certain sectors will do much better than others. More importantly, investors will have to be very nimble in the coming months, taking a “tactical” approach and not buy-and-hold, otherwise known as buy-and-hope!
…… and that’s where we can help. To learn more about The Springer investment approach, which is our powerful proprietary Investment Management Strategy designed to manage risk and deliver returns in any market…and/or get a free second opinion on your portfolio, simply reply to this email, or give me a call for a no-cost no-obligation consultation today at (916) 925-8900.
Do you feel that hand in your pocket? No it’s not your kids, they’re still asleep. (Although in my case, Josh is at school in Tucson, but I still feel his hand in there!). You guessed it, It’s Uncle Sam, and he’s looking for more, with a vengeance! With taxes rising and deductions quietly being eliminated, it’s up to us to take advantage of the few tax law benefits we’re still allowed.
To help you with the important information you’ll need for your taxes this year, Here is my updated Key Financial Data and Tax Chart for 2014. This shows IRA and retirement plan contribution and deduction limits, the new tax rates, Social Security and Medicare premiums, and a whole lot more! Save this file, it will prove indispensable.
I have illustrated some of the key retirement plan contribution and eligibility requirements below:
To make IRA and retirement plan contributions, Individuals must meet specific requirements to be eligible.
Deposit deadline. Most retirement plan contributions can be made by the owner’s tax filing due date, which is April 15, or later if you file an extension.
Be the expert or hire one!
You basically have to be a retirement expert to understand this mess we call the tax code and to make sure you do not run out of money in retirement. We get new clients all the time that have been with their advisor’s for over 20 years, but realize they need a qualified retirement advisor that takes a comprehensive holistic approach to your finances as you enter those golden years. We don’t take unnecessary chances because we know you can’t replace this money.
That’s why it’s so important for retirees and those planning for retirement to graduate to a qualified retirement advisor who can help put a plan in place that incorporates not just your investments but everything: Social Security timing and optimization, Elder care planning so you don’t give away all your money at the end of life, setting up a retirement income stream that cannot outlive as well as bulletproofing your portfolio….and it all starts with a free Retirement Income Analysis…. or just give me us call for a no-cost no-obligation consultation today at (916) 925-8900.
Attend a special, one-time “Harry Dent Method’ investor workshop next Saturday March 1st. Presented by Keith Springer, Hs Dent Research Charter member. This is part of the Smart Money with Keith Springer Retirement Workshop Series.
This workshop is designed for investors who want to learn and take action to position their portfolio based on Harry Dent’s proven theories and portfolio strategies and to protect themselves in the coming stock market crash.
In addition, you’ll also learn how to protect yourself from the skyrocketing cost of healthcare, higher taxes and some little-known strategies on how to never run out of money in retirement!
This educational workshop will be jam-packed full of information to bullet proof your retirement, and is free to anyone with at least $250,000 in investable assets!
To attend this “Harry Dent Method” educational workshop that I will be presenting next Saturday, March 1st! at the Springer Financial Building in Natomas, Reserve your seat now by calling 916-925-8900! This will definitely fill up fast so be sure to call right away. 916-925-8900!
Your Host: Keith Springer
KTXL FOX40′s Financial Analyst, host of Smart Money with Keith Springer on 1530 KFBK, author of Facing Goliath- How to Triumph in the Dangerous Market Ahead & frequent contributor on CNBC, FOX Business, WSJ, & many more.
Presented By: Ed Guanill
Preservation & guaranteed income planning specialist, and regularily heard on Smart Money with Keith Springer.
The presenter, speaker, and/or sponser of this informative seminar is a California licensed, independent insurance agent or agency who represents numerous insurance companies. The presenter, speaker, and sponsor of this invitation, as well as informatin presented, is not related to, connected with, or approved by any government organization.
Ever wonder what all those sayings on the back of a dollar bill mean? Here’s a few fun facts to impress your friends. “ANNUIT COEPTIS” means “God has favored our undertaking.” “NOVUS ORDO SECLORUM” translates into “A new order has begun.” The Roman numerals at the base of the pyramid are “1776.” The better known “E PLURIBUS UNUM” is “One nation from many people.”
The currency is actually not paper but cotton and linen with red and blue silk fibers, and has been in circulation since 1957.
Have you ever been intimidated or confused by the financial world and the myriad of investment products?
Then join us for our special Investing Basics educational workshop where we put everything in simple and easy-to-understand terms so you get a solid foundation of how to establish a sound financial and retirement game plan.
When: This Saturday February 15 at 9:30am
Where: The Springer Financial Building
4480 Duckhorn Drive Sacramento, CA 95834
At this workshop you will learn:
Seats are very limited and available on a first come first served basis so reserve your seat today by calling 916-925-8900!
Don’t miss our important conference call tonight at 6 p.m.
Just call 559-726-1300 and enter code 222428 to listen in on the call. Your phone will be muted so please direct all questions to email@example.com.
For the last 5+ years I have been writing about good news became bad news and bad news became good, due to the Ben Bernanke and the Federal Reserve’s stimulus policies. What I mean by that is when we had bad news, it would mean that the economy was still weak and the Fed would stay accommodative and continue printing money. This caused the market to rise. On the flip side, when we had good news about the economy, the fear was that the Fed would cut back too early and stocks sold off.
This month marks a new era, the age of Janet Yellen. In this brave new world of the Fed Tapering, we are back to the good old fashioned way to monitor the economy and the markets….Good news is good news again and vice versa….and that’s why the increased volatility this year. All of a sudden all the good news switched to bad. It started with the employment numbers last week and continued through manufacturing and production.
One area that the Fed sees as a negative that I just love. The “official” inflation rate continues to remain below 2%. That scares the bejeesus out of the Fed because without stimulus we would be in full-fledged deflation. That is what will keep the Fed stimulating for as long as they want, because they have room to keep the printing presses going before they create enough inflation to become dangerous.
With an ugly January behind us, which we learned last week in often leads to a bad year, what we really need to know is what the rest of the year will bring. If we look back to 1950, the February through December period after a down January has led to a median gain of +1.3%: but still ending down for the entire year because the median January loss was -3.7%. I took it one step further and looked negative Januarys following a up year in secular bulls, I was pleasantly surprised to find out that 78% were positive, with a median gain was 4.5%.
Of course everyone is wondering whether this is the beginning of the next crash. I do not think so. To me it looks like the market is sending the Fed a message that they are worried about a declining economy and if the Fed will help and reverse the taper if necessary. I suspect that they will get that reassurance along with more positive economic numbers shortly.
This little correction should serve as a warning to all investors to “invest for need and not for greed™”. You should always be appropriately invested so you are getting the best returns, but with the least risk possible.
That’s why it’s so important for retirees to those planning for retirement to graduate to a qualified retirement advisor who can help put a plan in place that incorporates not just your investments but everything: Social Security timing and optimization, Elder care planning so you don’t give away all your money at the end of life, setting up a retirement income stream that cannot outlive as well as bulletproofing your portfolio….and it all starts with a free Retirement Income Analysis.
…… and that’s where we can help. To learn more about The Springer investment approach, which is our powerful proprietary Investment Management Strategy designed to manage risk and deliver returns, in any market…and/or get a free second opinion on your portfolio, simply reply to this email, or give me a call for a no-cost no-obligation consultation today at (916) 925-8900
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