If you’re retired or soon-to-be retired, you don’t have to look very far for bad news. Record low interest rates; skyrocketing health care costs; unprecedented stock market volatility; and the list goes on. But guess what? You can live those golden years in style and comfort….and that day may be closer than you think.
-History says take note
There are two old adages about the beginning of the year that are supposed to tell us the direction of the stock market for the whole year to come. The first is “so goes January and so goes the year” and the second says the same about the first five days of trading. Say what you will about these cute little sayings, I have found them to be very accurate.
Interestingly enough, in 62 of the last 85 years the US market has moved the same direction in January as in the full year ahead. The first five days, as It turns out, is almost as good as the full January, as over two-thirds of the time since 1927 the first five days have correctly indicated the direction of the market for the rest of the year. (more…)
This weekend on Smart Money with Keith Springer, we have a very special Superbowl edition radio show: What can the superbowl teach us about retirement planning? Proven strategies to win the biggest game of your life, your retirement! You don’t want to miss it.
How To Buy Real Estate In Your IRA
As a financial advisor for over 30 years helping clients manage their retirement assets I’m often asked the question, “Can I buy real estate with my IRA?”. The short answer is, “Yes, if you have a self-directed IRA”. It’s actually not all that difficult. However, there are many rules and obstacles you must overcome before you’re able to do so.
First of all, “what is a self-directed IRA”? An IRA is simply an individual retirement account. It’s just like a 401k for people who don’t work for a company with a 401k. Every IRA account has to have a custodian, which is essentially the bank that holds or “custodies” the asset or assets. (more…)
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.
We have a very special guest being featured on this week’s radio show, best selling author of The Great Crash Ahead- Strategies For A World Turned Upside Down, Harry Dent. You won’t believe what he is saying is just around the corner for the markets! Tune in this Saturday at 7 AM on KSTE or Sunday at 11 AM on KFBK; you don’t want to miss this show!
Catch Keith every morning on FOX40 for breaking market related news and to keep up with what is going on in the economy and financial markets right now. Last week Keith put on his genie hat to answer viewer questions including one regarding the tax repercussions of receiving a severance check. Check it out here:
Also, if you missed a segment, visit our FOX40 archive.