What does the stock market mean to your portfolio?

What does the stock market mean to your portfolio?

Smart Money With Keith Spronger On KEBK

Smart Money with Keith SpringerMost people are focused solely on the stock market when they plan for retirement, and today’s increased volatility has made it even worse. That may be OK if you’re in your 20’s but as you enter that retirement red-zone, this approach could prove devastating to your well laid plans.

Tune in to Smart Money with Keith Springer this Saturday at 1pm and learn how to maximize the other critical elements of retirement, and retire younger and with more money than you ever thought possible…right here on news radio KFBK!

Listen to previous show podcasts

Posted in Uncategorized | Comments Off

Is This Just a Correction or the Big Crash?

Is This Just a Correction or the Big Crash

 

  1. Why stocks are going down
  2. Investor strategy to build a bullet proof retirement plan
  3. Stock market positives and negatives

 

1. Why stocks are going down

image002[1]In just a blink of an eye the stock market has given up all of its gains for the year. The scariest part is that the nature of this current pullback has been violent and severe, mercilessly hitting every sector. Nervous investors are asking themselves: Is this just a normal correction or the “Big One” that can derail our retirement dreams?

The one consequence with this pullback, that has yet to reach the main stream, is an increased risk of deflation, which is inevitable. This is the very thing I said would happen in Facing Goliath – How To Triumph in the Dangerous Market Ahead. It is only coming to the forefront now because oil has plummeted, good news to the consumer, but it signals deflation is coming on faster than anticipated.

The funny thing about corrections is that every time the market rises without a meaningful pullback for any length of time, investors say that we need a normal correction, that they want a correction, and that they intend to buy the dip….but when that correction comes, those investors get jolted and say, “Oh no, the market just dropped, there must be something wrong! Run for hills!” It has me shaking my head every time.

Of course, you know from reading this newsletter religiously every week that this is going exactly as I forecasted. I have been saying for weeks that we will be getting a “Pre-earnings Nap.” This is the period right before the earnings season where investors get nervous that earnings are just not going to be good enough.

In addition, we have an absence of corporate information being made public. This is a “black out period”, where right before earnings are released there is essentially radio silence from companies. In the absence of information, attention is turned to the newspaper headlines, and honestly when has the headlines ever made you want to invest? Lately, it might make you never leave the house!

So what you typically get is fear followed by a correction. It happens every quarter, except January. Knowing this, I said that I hoped for the long awaited 10% correction, which will lead to a strong 4th quarter for stocks. Of course, I am always conscious of the risks, and on the lookout that there is worse to come I am ready to take action to protect our clients; a “pray for peace but prepare for war” approach.

2. Investor Strategy

Even though I think the 4th quarter will be decent, this is no time to throw caution to the wind. If you are retired or close to it, the key is to be properly invested with a qualified retirement advisor. This will ensure that you are looking at the big picture and getting the returns you “need,” but with the least risk possible, so you don’t get crushed during the next crash or correction. As you well know, you simply cannot replace this money….so you need a plan…a written plan, for the good times and the bad.

3. Stock market positives and negatives

The positives:

  1. Earnings will likely come in better than expected
  2. Stocks are not expensive, selling at only 14 times 2015 earnings. That’s the middle of the historic range.
  3. Oil has dropped $30 a barrel, which is a 50 plunge per gallon. That’s a nice tax cut. Keep in mind that we are now the #1 producer. Yay for the good guys.
  4. A much improved consumer confidence will mean a strong Christmas selling season.
  5. The November elections are a big unknown, but there is little doubt that there will be gridlock. The market likes gridlock.
  6. Corporate mergers and acquisitions are ongoing. This has been the biggest year for M&A activity ever. This typically happens because companies see each other as cheap. If they can’t buy a competitor, then they buy their own stock. Look at
  7. Apple. It’s gobbling up $400 billion a year in its own stock.
    The world economy may be weak, but the U.S. is not. Broad based capital spending is accelerating, and probably why the IMF boosted its growth forecast for America next year to 3.8%.
  8. Money is still cheap and available.

 

The Negatives:

  1. The bull market is old. No matter how good the weather is, even trees don’t grow to the sky.
  2. The Nasdaq, and particularly the Russell 2000, have been getting crushed. Stocks do not top all at once at peaks. Different sectors roll over at different times until very few are making new highs at the top.
  3. Optimism is increasing. Markets do not crash when everyone expects them to.
    They do, however, when no one does. The AAII survey currently has investors 39% bullish, 30.5% neutral and 30.5% bearish. Not bad, but bullishness is on the rise. Markets are screaming buys when the bulls drop below 20% and in dangerous territory when they get above 50%.

 

We are clearly late in the game and investing is going to get more difficult …… 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, or to get a free second opinion on your portfolio, simply reply to this email, or give me a call at 916-925-8900 for a no-cost no-obligation today!

Regards,
Keith

Posted in 2014, Smart Money Newsletter | Comments Off

Is This Just a Stock Market Correction or The Big Crash?

Learn how to bullet proof your portfolio and your retirement dreams

 

Smart Money With Keith Spronger On KEBK

Smart Money with Keith SpringerThe market has been on one heck of a ride over the past two weeks. The Dow has lost all of the gains it made in 2014 already. Are you prepared for what’s next? Learn how can bullet proof your retirement portfolio so you can avoid another 2008?

Tune into Smart Money with Keith Springer this and every Saturday on News Radio, KFBK.

Listen to previous show podcasts

Posted in 2014, Smart Money Newsletter | Comments Off

Investment Strategies to Retire Like Derek Jeter

Investment Strategies to Retire Like Derek Jeter

 

Smart Money With Keith Spronger On KEBK

Smart Money with Keith SpringerWe’re in the play-off season for baseball, but someone not making an appearance on the diamond this October is Derek Jeter. The Yankee’s captain has sang his swan song and has already unveiled his plans for the retirement he always dreamed of. Can you do something similar?

Learn successful investment strategies to retire like Derek Jeter on this week’s Smart Money with Keith Springer.

Listen to Smart Money with Keith Springer now on Saturday at 1PM on News Radio, KFBK.

Listen to previous show podcasts

Posted in Uncategorized | Comments Off

Critical Market Update 10-03-2014

Critical Market Update 10-03-2014

 

Keith-Springer-Critical-Market-Update-10032014This morning’s jobless numbers were a welcome sight to investors as it reversed that downward trend we’ve seen for the last several weeks. We may not be out of the woods yet, as we are still in the period that I call the “Pre-earnings Nap”.

The pre-earnings nap period is that time right before earnings come out where investors get a little skeptical of earnings and fear that they will come in short of expectations. To exacerbate this, because there is little financial news in between earnings, the focus tends on what’s on the front pages, and you know that world events are pretty ugly right now.

My expectation is that earnings will come in better than expected and lift the market into the 4th quarter. For the next week or so, the market will likely drift and be volatile until earnings start to be released. The first company to report is always Alcoa which will announce on October 8th. It usually takes a few days after that for a direction to be felt. Often times it’s the big Tech companies that that set the pace.

This late in the game, the risks are definitely rising. Even though I think the 4th quarter will be pretty good, this is no time to throw caution to the wind. If you are retired or close to it, the key is to be properly invested with a qualified retirement advisor. This will ensure you are looking at the big picture and getting the returns you “need,” but with the least risk possible, so you don’t get crushed during the next crash or correction. As you well know, you simply cannot replace this money….so you need a plan…for the good times and the bad…

…… 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, or to get a free second opinion on your portfolio, simply reply to this email, or give me a call at 916-925-8900 for a no-cost no-obligation today!

Posted in 2014, Smart Money Newsletter | Tagged , , , , , , , | Comments Off

Myths Of Successful Retirement

How To Beat The 5 Giant Myths Of Successful Retirement

 

Smart Money With Keith Spronger On KEBK

Smart Money with Keith SpringerWhat are the 5 Giant myths for a successful Retirement and how to beat them!

Learn the 5 Giant myths for a successful Retirement on Smart Money with Keith Springer, now on a new day and time: Saturday at 1PM on News Radio, KFBK.

Listen to Smart Money with Keith Springer now on Saturday at 1PM on News Radio, KFBK.

Listen to previous show podcasts

Posted in 2014, Smart Money Newsletter | Tagged , , , | Comments Off

Keith Springer of Springer Financial Advisors Video

Male: Now, let’s get to the U.S. markets. Joining us this morning, Keith Springer, President of Springer Financial Advisors.

Female: Let’s ask Keith Springer Springer Financial Advisorsof Springer Financial Advisors…

Male: Financial Analyst, Keith Springer…

Female: Keith Springer joining us once again to take a look at the markets.

Male: We have our smart money expert, Fox 40 Financial Analyst, Keith Springer.

Male: Keith Springer, it’s good to see you. Thanks a lot.

Keith Springer: One of the biggest things that I see people do that they don’t realize they’re doing is delaying off and putting off inevitable decisions, retirement decisions, important financial decisions. A lot of it happens to be paralysis by analysis. We’re just so overwhelmed by what’s available out there. Or, they have friends telling them they should or shouldn’t do something.

Ed Guanill: Time is the most precious commodity there is because you don’t get any back. Every day that goes by is a day closer to retirement. Oftentimes, we find that people just wait too long to really start thinking about and planning for their retirement.

Keith Springer: So, it’s critical for people, as they approach that retirement red zone within a few years of retirement, to seek out that qualified retirement advisor. And it’s a lot easier to plan before you lose it in the next market crash. Learn how to preserve it, making sure that you create the income stream that you need for the rest of your life from that money.

You want to figure out Social Security optimization. Our parents and our grandparents just flipped it on and took the income as they wanted to. But, I don’t know if — most people don’t know, at 62, a 62-year-old couple, there are 1,379 different options to choose from. Elder care issues, 70% to 90% of a person’s wealth gets destroyed in the last two to two and a half years — and just really how to get the best returns on your portfolio, but with the least risk possible.

Matt Curtis: You don’t want to meet with somebody for an hour or two hours, have them put you into something off the shelf. That’s the philosophy that’s here, is we take our time, we custom design things for our clients that put them in a better position so that they can have some comfort in their retirement.

Ed Guanill: When I think of retirement, I think of just being able to do all the things I like to do without the worry of money. And the only way you could do that is you have to have a plan. I always say that failing to plan is planning to fail. So, we can’t encourage people enough to get started as soon and as early as possible because, oftentimes, if you wait too long, it’s just going to be too late.

Keith Springer: There’s nothing better than having someone come up to you after long, hard working years, and investing their money properly, protecting them when the market goes down, and them looking at you and going, “Thank you. Because of you, I can retire. And I know my family is comfortable, and safe, and will be for the rest of my life and hopefully theirs.”

Posted in Uncategorized | Tagged , , , , , | Comments Off

Keith Springer Facing Goliath Promo Video

The book explained why we got into this mess in 2008. Everyone was frustrated. No one really understood it. Lehman crashed. Of course, there was far too much excess debt and leverage. But ultimately, with demographics, it was an aging population. We know that the population in America has been aging. We know that people spend the most when they’re in their 30’s and 40’s. By the time they hit their 50’s and later, they tend to save money for retirement. They’re no longer in their peak spending mode. People spend the most money when they’re approximately 48 years old and it’s all driven by family. People tend to get married in their early 20’s, have children in their late twenties, buy their first home late 20’s, early 30’s and, typically, by their early 40’s, they’re having their first and second child, need a bigger home. And, then, around 48, 49, the children leave the home and then go off to college. They leave the nest and you typically spend less when the children are gone because you’re no longer driving around on two or three tanks a week, you know, taking junior to soccer practice, and football, and baseball practice, and ballet class. And you just tend to spend less and start saving for retirement.

So, we had an aging demographic, an aging population, not only in this country, but across the entire developed world. And so, if we know people spend the most in their 30’s and 40’s, we can identify why the 1990’s and early 2000’s were so good because the largest segment of the U.S. population in history was in their 30’s and 40’s in their peak spending. By around the middle of 2000, 2005 or so, people started getting older, spending less, and the entire economy slowed down because of that. So, it was a demographic slow down. And in 2007, 2008, after the market started to crash, the Federal Reserve did — well, anything that they could. And they revved up the printing presses, cranked out trillions of dollars in debt in quantitative easing and stimulus with — which essentially staved off another crash. But, the problem is they can’t do this forever. You have to repay debt at some point. And, so, with the Fed tapering down their stimulus and we still have an aging demographic, can the country come back and still grow like it did? And, unfortunately, not until the next economic boom, not until the next Baby Boom generation, which is the Eco Boomers. Those are the children of the Baby Boomers. Those are the ones born form ’82 to ’94. They will push the next bull market. Unfortunately, they don’t reach their peak spending until around 2020, ’21, ’22. So, for the next five, six years, it’s going to be very difficult times. We’re going to have deflationary environment. We’re going to have higher unemployment than normal. The people with money most likely will continue to have money. But, unfortunately, the country as a whole is going to be growing much, much slower than normal, higher unemployment, and then, of course, we have all the entitlements from social security, Medicare, Medicaid, and such that the government has to deal with. $.65 cents of every dollar gets spent on that. Paying off debt is an additional. So, when you continue to pay off these types of debts, that’s money that cannot go into more investment into the economy and to the country.

So, the book was designed to give the average investor a better understanding of what’s going on in the economy, where we’re headed, and what they can do about it. So, in the book, it talks about why we went through the crash and the crisis, what we’re up against in the next four, five, six years, and how to position your portfolio to take advantage in order to get the best returns but with the least risk possible. That’s the key. Invest for need, not for greed. If you don’t, you know the risk. Don’t take it. You’re only going to hurt yourself. Prepare your portfolio so you can make money in any market, and so it doesn’t hurt you, especially as you — if you’re retired. Or, if you’re approaching that retirement red zone, you want to make sure that you don’t have another five, six, seven years of breakeven or losing money, and losing sleep, and all that that goes along with it. We don’t need that.

The book’s available on Amazon. It’s in the top 10% of all Kindle downloads. It has been since the day it came out. I’m very proud of that. I’ve made it very accessible, very inexpensive because I want everyone to read it. However, I always offer, if anybody would like to come in for a review, we offer a free review for investors. I’d be happy to give you a copy. It’s that important that I think people need to read it, and get it out. I’m not looking for book sales. I’m looking for an educated population and clientele. The book should give you a good understanding of where we’ve been, where we’re going, and what you need to do about it.

 

Posted in Uncategorized | Tagged , , , , , , , , | Comments Off

Keith Springer’s Smart Money Newsletter The 4th Quarter and Beyond! 09262014

To learn what’s going on in today’s world with the economy and financial markets, in plain English, and too see where stocks and bonds are headed be sure to watch this brief video update.

Hi, there. I just want to give you a brief market economic update, what’s going on in the world. Today, we’ve got quite a selloff in the markets. No one seems to be panicking. I’m sure you’re not either. Everything is well under control, but we are in that sort of pre-earnings nap period I write about in the newsletters quite a bit. That’s the week or two before earnings come out when, well, there’s no attention being paid to anything but what’s in the headlines. And we know there’s nothing good, or fun, or exciting on the good side of the headlines. So, people are focusing on that. When earnings comes out in a couple of weeks, I think we’ll see earnings surprise us on the upside. Naturally, a week or two before earnings come out, historically, people start to get nervous that earnings won’t be as good. They start to focus again on the headlines and, you know, what’s going on in Iraq, the bombings, and such. And, so, it looks negative. Once attention gets focused again on the positives, on the economy which is fairly strong, better than what people expect, then inflation, there really isn’t any; that interest rates, they’re going to stay low for quite some time. I can’t imagine that they’re going to raise them with the inflation rate around 1.4%, 1.6%. In fact, there’s more of a risk of deflation, which the fed would fare. And earnings will probably be better than expected. So, the next week or two could be, well, a little bit tough in the economy, a little bit tough in the markets. I do think the fourth quarter’s going to be fairly strong.

Again, this isn’t time to throw caution to the wind. Our portfolios are built to get the best returns we can for you, but with the least risk possible. It’s always just to get what you need to beat inflation, to beat taxes, and a little bit more so you can retire comfortably. Never out there risking everything so, if the market gets crushed, hammered, collapses, that you end up taking it on the chin more than you can possibly afford to or want to. So, always looking to invest for need, not for greed. Of course, it all starts with the right plan, making sure everything works together, optimizing social security. You know, there are 1,379 different options to choose for social security. You got to get it right so you can get every nickel out of them, creating that retirement income stream, and the retirement income plan, getting the proper tax strategies in place in retirement. It all has to work together.

So, again, keep in mind that the markets are going to be fluctuating a little more through the next couple of weeks. I do think they’ll get a little stronger in the fourth quarter. And maybe that correction or bear market that we’ve been talking about, maybe if the fed starts raising rates next year in the first or second quarter, that might be the catalyst for that pullback and we hope to be ready. And we want to keep you abreast and keep you ready as well. So, thank you very much for listening.

Posted in 2014, Smart Money Newsletter | Tagged , , , | Comments Off

The Tax Trap

How To (Legally) Reduce Your Taxes In Retirement

Smart Money With Keith Springer On KEBK Saturday At 1PM

Smart Money with Keith SpringerGuess what? You have more control over how much you pay in taxes in retirement, than any other time of your life. What you’re doing right now, is simply filing your taxes every year with your CPA. And herein lies the problem! Your CPA doesn’t understand forward-looking tax strategies.

Learn how to legally reduce your retirement tax bill on Smart Money with Keith Springer, now on a new day and time: Saturday at 1PM on News Radio, KFBK.

Listen to Smart Money with Keith Springer now on Saturday at 1PM on News Radio, KFBK.

Listen to previous show podcasts

Posted in 2014, Smart Money Newsletter | Tagged , , , , , | Comments Off

Springer Financial Advisors ("Advisor") is a federally registered investment adviser located in Sacramento, California. Advisor and its representatives are in compliance with the current filing requirements imposed upon registered investment advisers by the Securities and Exchange Commission and the State of California. Advisor's web site and its emails of general distribution are limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Advisor's web site on the Internet or dissemination of informational emails should not be construed by any consumer and/or prospective client as Advisor's solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. A copy of Advisor's current written disclosure statement discussing Advisor's business operations, services, and fees is available from Advisor upon written request.


You may also obtain publicly available information about Advisor through the SEC website as follows: http://www.adviserinfo.sec.gov/IAPD/Content/Search/iapd_OrgSearch.aspx. Advisor does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Advisor's web site or incorporated in an email, and takes no responsibility therefore. All such information is believed to be reliable and authoritative but does not constitute sufficient information to be the sole basis for sound investment decisions and all users thereof should be guided accordingly. Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended or undertaken by Advisor) made reference to directly or indirectly by Advisor in its web site, email, or indirectly via a link to an unaffiliated third party web site, will be profitable or equal the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client's investment portfolio. Certain portions of Advisor's web site (i.e. articles, commentaries, etc.) may contain a discussion of, and/or provide access to, Advisor's (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Advisor, or from any other investment professional. The information is of a general nature and should not be applied indiscriminately to particular situations wherein it may not be completely applicable. Advisor is neither an attorney nor an accountant, and no portion of the content should be interpreted as legal, accounting or tax advice.

Springer Financial Advisors, Financial Planning Consultants, Sacramento, CA