He Said She Said the Money Guide Podcast: Recent Episodes
Cheryl Costa and Jay Furst
Tune in and find out what is on the minds of two long-practicing, fee-only financial planners – Jay Furst and Certified Financial Planner ™ Cheryl Costa. Cheryl and Jay chat weekly about the markets and a wide range of personal finance topics.
Proposed changes to the Big Beautiful Bill, Yale decides private equity isn’t all they thought, and Syracuse offering big time sweeteners to prospective students.
The trade of the year so far. Bromance ends bitterly, savings are close to target, and loan limits could cause a shortage of doctors. Plus the rise of Buy Now/Pay Later and the 401(k) hierarchy trap.
Threats against the EU and Apple, the tax bill passes the house and heads to the Senate and it is time to do some estate planning. But be careful about the TOD on your house.
Say that 3 times fast… Bert and Ernie are moving to Netflix. Moody’s downgraded US debt from the highest levels, Wal-Mart tariff fallout, investigations at United Healthcare and Empower adding private investment. Plus your crypto key or a finger, the stealthy wealthy and 7 year car loans.
Man, Myth, Legend! College loans galore, earlier claims on social security and Microsoft takes a stand.
Yes, that somehow made the cut. Plus Trump vs Harvard, Trump vs J Powell, Trump vs the IRS, which now has its 5th head in 3 months. Plus plus YTD performance and possible relief for scam victims.
Step 1: swallow the diamond earrings. Step 2: MENSA is off the table. Plus the US Treasury stopping paper checks, quarterly performance, an IPO and two bankruptcies. Plus plus where to get emergency cash.
Or does it. The markets are in correction territory, car prices could jump $4K, Harvard tuition waivers and a government spending limit. Plus a mortgage blacklist, hot coffee payout and landlords playing hardball.
The markets and tariffs and trade wars and recession fears. Rest easy – you can get a green card for only $5 million. Anyone know how much your spouse makes?
Actually, no. Reciprocal tariffs, DOGE access to the IRS and a flurry of houses on the market in the greater DC area. Plus the crypto guy who moved to Puerto Rico and how to protect yourself from Elon.
Elon made a bid for OpenAI, the DOGE team is on the loose and one of them, a 19-year-old student, was fired from a cybersecurity team for leaking secrets. A few got wealthy from the Trump meme coin, but the majority got crushed. Plus getting in tough with your Congressperson is rough, Boomers are coming to the senior housing market and Cheryl is not happy with her home insurance renewal.
If this doesn’t prove we’re in the Wild West of Crypto, nothing will. The US is very rich but quite unhappy, Uncle Sam knows about your side hustle and EV owners getting hit with state fees. Good luck buying a home since nobody is interested in selling.
The Supreme Court upheld a ban on the app but Trump delayed it. Now what? Trump meme coins soar, Harvard MBAs struggle to find a job and the SEC sues Musk over his Twitter purchase.
Better than a video. But a video might help with insurance. Fires in LA and the fallout, Nissan getting bailed out by Honda and Steve Ballmer invests {gasp} like we do.
Be serious – those predictions are all garbage. Plus out of control car payments, the quest for the perfect credit score and 4 million turning 65 this year. Plus plus the generous billionaire in trouble for not being generous enough.
An 80-hour work week for no pay? Halo effect for an assassin? Marathon flex on your resume? MicroStrategy in Nasdaq 100? Amazon selling cars? Fart Coin?
Performance Improvement Plans, year-end distributions, porch pirates, varying Medicare payments, 15% guarantees and Crypto. On the bright side, the market has been good so far and the Boston Marathon is finally making payments.
Seems Nvidia is more likely to move the stock market. The $6.2 million banana, $8 billion for Jersey Mike’s, yield curve inversion (again) and 25% tariffs coming to a border near you. Plus Buffett’s words of wisdom, taxes on your crypto, and fun with expense accounts.
Is the Trump Trade for real? What about the Bitcoin run-up? Some good news for teachers and how worried should you be about changes with student loans? Social Security payments go up in 2025 but Medicare premiums go up more.
And it’s hard to give it back. Super catch-up contributions and other odd provisions, Nvidia replacing Intel in the Dow, airport changes and more. By the way, did you know your will is public when you die?
Income bracket adjustments, increases to gifting amount and end of year tax moves. Plus a college guru who claims he will get your kid into Harvard and some acronyms that could impact your social security payments.
Another market high (yawn), the Fed bases their decisions on data {Gasp!}, an ungrateful heir (eye roll), plus casualty losses and accompanying tax benefits plus a social security bump.
Jay had a coughing fit while thinking his mic was muted, then spoke for awhile while it was inadvertently muted. Cheryl played charades trying to explain who knows what. And our hosts talked about finance stuff.
Not this year, anyway. But the first few hours of October are weak…Plus a market surge in China, heading back to the office and non-alcoholic champagne. Plus plus beware of callable CDs and collectors asking survivors to cover debts of family members.
It probably is, unless you’re betting against Cheryl. Wild weekly market swings, impacts of the Fed rate cut and it might be time to switch banks. Plus Robinhood excessive options costs and renting vs. owning.
Is it the inverted yield curve or the un-inverted yield curve? Is it better for the market to have a Democrat or Republican in office? Plus college hunting season, Bezos real estate purchases and 0 day options mania.
No, that is not a typo. Over one-third of their employees are “filthy rich”. Plus, tax changes to come after the election, Powell and the Fed to cut rates and the new realtor commission schedules.
From cash to homes to colonoscopies for life. Plus a market update, income needed to buy a home in CA and the cost of a trip to Disney. Plus plus eyeball scans for AI and your credit score for dating apps. Alrighty then.
The rules have finally been clarified (mostly). How Kamala manages her money, the 401(k) rollover mistake costing billions and weighting whiplash. Plus parents of a teen driver sentenced as well.
Remain calm, folks. This is exceptionally normal. Did the Fed wait too long? Is Jermey Siegel a drama queen? A scam wipes out a good Samaritan. Plus difficulty getting a large umbrella policy, boosting your kids’ credit scores and withholding from social security.
Maybe but who cares? It’s not newsworthy! The IRS is now focusing on the regular wealthy as opposed to uber wealthy. Plus free med school tuition at Johns Hopkins and 6% is the new 401(k) default.
Vanguard doesn’t want you to call, Robinhood never wanted you to call and companies aren’t taking checks. Title insurance may have the greatest margins EVER! Plus Nvidia replaced Enron in the S&P about 23 years ago. Will it meet the same fate?
Unless, someone steals your identity or you miss some estimated payments. Roaring Kitty – again. Plus watch out for the insurance costs for those EVs and maybe save money outside of your 401(k).
Please keep your IRA beneficiaries up to date. Stashing cash throughout the house, perjury from a hardship withdrawal, how $99 in bets costs nearly $740K and Apple joins the AI crowd. Plus more on inflation and Gamestop.
Or so it seems from the latest meme stock frenzy. Graceland to auction? Beware of the Augusta, student loan rates are increasing and the IRS is waiving penalties for failure to take distributions from inherited IRAs. Yes…again.
Market insanity around meme stocks and one stock ETFs. FTX account holders to be made whole (unless the hedge funds got to you first) and hospitals demanding payment before surgery. Plus the rent vs buy dilemma and the danger of winning the marathon and finding out years later.
Do we have a winner? It certainly is not the Oracle of Omaha. Does everyone want out of Florida, how selling your house has gotten more expensive (especially in MA) and watch out for that back door Roth conversion. Plus good new for the cannabis industry.
She loves her new Highlander. Buy Now Pay Later impacting your credit score, job scams targeting young people and many people are retiring earlier than planned.
You might have to take distributions every year over the next ten. Unless you don’t. That should clear it up. Plus non-competes banned, the gap between your current mortgage rate and a potential new one is bigger than ever. Plus GM may not have been completely forthcoming.
Tax Day Fun – hope you didn’t roll over that $1 million SEP into a regular account accidentally. Tesla heading south. So is DJT. Yet another security breach, this time at AT&T. Plus $100 commissions for some ETF purchases at Fidelity and technology to monitor your bathroom use. That was not a typo.
Satellite images can impact your home insurance. Which states are seeing the largest increases? That 529 to Roth rollover might be taxed in your state. Plus college costs approach $100K annually and you can now leverage your bet on Bitcoin. What a break?!
Hint: you were probably sold the Advantage plan. Are ESPPs a no-brainer? File your taxes or the IRS will come knocking…eventually. Plus you may get charged to email with your doctor.
Those 6% commissions could be a thing of the past but how will this impact the market. Buyers’ brokers, sellers’ brokers and underlying home values. Closing costs are on the rise, mostly due to interest rate buy-downs. Smart or not so much?
It could be why your car insurance went up. Inflation is under control, Bitcoin is not. A parlay to cover your college loans might not be the best decision and no, your 401(k) is not in danger of being seized.
There are more $100 bills than any other denomination. Hmmm. Nvidia knocks off Meta for the one-day growth record, the market rolls on but your appliances might not. Plus Jay vents about Chase.
Yes, seriously. Tax bills for iBonds, a dating app based on your credit scores (yes, seriously) and carrying a mortgage in retirement. Plus NVDA reports earnings. Can we get a giddyup?!
Americans are turning 65 at a record pace, student loan payments may be eligible for a 401(k) match and that HELOC has gotten expensive. Plus non-auto insurance and guidelines for converting your 529 to a Roth IRA.
Yes, inflation impacts girl scout cookies. META with the largest one day market value increase in history, custom fit 401(k)s and FAFSA info not getting to colleges until March. Plus a special grandparent 529 discussion.
Update on Mr. Treasuries. Tax time is here…but don’t rush to file. Home sales at their lowest level in a generation, IBM wants everyone in the office and beware of QR codes.
Celebrate or panic? Bitcoin ETFs are here, Hertz is slashing their electric vehicle inventory and Capital One’s High Yield Accounts may not be offering high yields. Plus Homeowner’s insurance and solar.
Too many stats available to throw Mr. Treasuries under the bus. Jay’s tax nightmare wasn’t so bad after all, the market keeps rolling and your social security is probably taxable. Plus..Robinhood poaching clients with significant assets and the dangers of Buy Now Pay Later plans. Plus plus the cars doctors drive.
A record setting contract with some interesting terms, private equity buying up neighborhoods, issues with the IRS and a checklist to close out the year.
Not our advice but apparently a popular book. Also not advising anyone to read it. November was fantastic across the board, repair costs for that EV might shock you, and weight loss drugs are the hottest thing going. Plus a sad farewell to Charlie Munger.
Sam Altman gets fired and rehired in days. CZ from Binance agrees to jail time, IBM changes their 401(k) match…again, and Dave Ramsey says you can withdraw 8% of your assets per year. We think he’s a fool. Plus, employees are making more money, getting more paid time off and have a more flexible schedule. It only follows that they’re grumpy?!
That would be the client going all in on treasuries. Inflation is down and the market is up. For the year, the market has soared (see the Nasdaq) while the market has gone nowhere (see the Dow). SBF found guilty on all counts. Cheryl explains why she will never touch Medicare Advantage, beware of free dinners thanks to Florida Auto Glass shops and watch out for social security coming back for refunds on their mistakes.
Some people just don’t know their candy. It wasn’t on our agenda but buying real estate in Florida, prenups and trusts. Plus a woman uses her jailed husband’s IRA, moves and leaves him with the tax bill. Or does she? Plus plus don’t forget open enrollment and watch out for companies who want their signing bonuses back. Maybe it was too good to be true.
Following another shaky week, a run to treasuries could prove costly. Real estate rules in NYC could be changing, home insurance in Florida is going off the rails and Bitcoin spikes.
Seems like we finally agree on one thing. Dumb math is just…dumb. Millenials are saving more than their parents did for retirement, social security gets another bump and MA, FINALLY, is increasing the estate exemption. Is it enough to stay there? Plus more on SBF, women truckers and Cheryl’s lease conundrum.
Property taxes, delivery charges and forced tipping. SBF’s crypto trial gets started, a weak quarter in the market and buying gold bars at Costco. Plus tuition help from your employer, keeping cash on hand and a friendly reminder to pay your monthly bill for storage space.
Rough week in the markets as investors digest comments from the Fed and a looming government shutdown. Those Taylor Swift tickets you resold are taxable, there is a new plan to cover the gap in social security and that car you rented from Avis was reported stolen. Avis still refused to reimburse you. Gotta love large corporations.
It’s not just a movie but a recurring theme in the markets. Will student loan payments hurt the economy? What will the Fed do? Plus beware of the ERC scams and credit repair services that don’t do much in the way of repairing.
September is a little rocky, Apple issues in China, Bed Bath & Beyond 401(k) woes, and setting a retirement date in your 80’s…maybe. Plus be careful of inheritance taxes, bags of money in the parking lot and the exciting but possibly turbulent money date!
Care to guess your age when you have the experience and wisdom? Unlikely it’s the same age at which you forgo home insurance but many are doing just that – could be the 20% plus spike in rates. Plus J Powell scares the market and MA takes down Robinhood.
No relation but somehow entered the conversation. Credit card debt at levels not seen since pre-pandemic, job market tightening, soaring auto prices and new and improved ways of losing money with the sports betting apps. Even if $1 turns into more than $500K.
What that looks like and how they got there. SBF is in jail for violating terms of house arrest, Gold, Crypto or diversification and the best states to retire. Plus Phil Mickelson may have a gambling issue.
How the money grab in college sports relates to financial markets. Dow streaks, a Fitch Downgrade and Tupperware as the new meme stock. Plus Dumb Money released soon.
Starting next year it will cost you more to send your triplets to college. On the plus side, loan repayment may be easier. Anyone up for paying $4000 to get your daughter into a sorority???
Aretha Franklin’s will dispute resolved, Harvard costs nearing $100K per year and inflation continues to head south. Plus that catch-up contribution will be headed to a Roth, the SEC is looking at a Bitcoin ETF application and Cheryl cannot contain her enthusiasm for a recent IRS ruling that tells they have no ruling.
Zuckerberg vs Musk, Threads vs Twitter. The latest on student debt forgiveness, concierge doctors and removing taxes for your heirs. Plus yet another social security scam and more people working into their 80’s.
Watch out for the cruise extras. Those visa gift cards are scammer targets and Uncle Sam wants to tax your parlay winnings. Plus Binance leaves the US – (is it all smoke and mirrors?), inflation drops to its lowest point in over 2 years and Rihanna, please rent my house!
Those student loan payments are likely back on your pay list this summer. Watch out for Zombie loans coming back to foreclose on your home. More crypto crime, the 4 figure car payment and Apple’s mixed reality headset for “only $3500” {Gulp!}. Plus online banks are raking in the deposits.
Here comes the debt ceiling standoff. But if we sell out equities and buy treasuries, are we in greater danger? Company perks give me first class plane travel so it’s ok if my spouse flies coach, right? The IRS might offer a free filing system. Is that fair to TurboTax and H&R Block? If yes, what should you do about your state filings?
Results from a Gallup poll are disturbing, Robinhood trading goes 24/5 {yawn}, more check fraud at banks and that accounting career is not as appealing as it once was. Plus, beware of the “college portfolio” option on your 529.
Homeowners and Car Insurance costs are still jumping. Interest rates on your student loans are doing the same. If PacWest is any indication, Powell may have been a little premature in declaring the banking crisis over. Will Binance be the next Crypto casualty? Plus AI can write a sappy note, poem or song for Mother’s Day. You are now off the hook!
First Republic, Fannie Mae, Freddie Mac and, of course, The Fed. Plus Flocking to MM Funds, Filing your 2019 tax returns and the Blue Exodus to states like Florida.
An intern fears the next bubble but really just wants an excuse to time the market. Consulting firms delay start dates and pay you to do volunteer work or teach yoga. Plus Apple offering nice savings rates but seeing pushback against Apple Carplay. Plus plus financing your house through your builder, SoFi’s lawsuit and the number of EVs getting tax breaks are quickly dwindling.
Too Big to Fail banks are flourishing. Is that comfort worth giving up decent interest? Women and men have achieved equal status in household income, Tesla cuts prices again and what will the Fed do next. Plus that trailer home can be yours for only {gulp} $5 million!
Some people are paying as much as $750K just to get their kids into top schools. Yes, before tuition. Plus quarter-end numbers, average car price stats and McDonald layoff plans – classy or not so much?
Our hosts battle it out. Plus tax deductions for your swimming pool and the difficulties of implementing a Power of Attorney.
The latest on mayhem in the banking sector. What will the Fed do this week? What should the Fed do this week? FDIC coverage explained. Did we mention Cramer said Silicon Valley Bank was a buy at $320?
Silicon Valley Bank was quickly followed by Signature Bank and fears of a contagion are spreading. How does this compare to the banking failures of the Great Recession? What happens next? Who should we blame (oh please, you know you want to point fingers somewhere).
There is now an ETF that allows you to bet against Jim Cramer. Short-term Treasurys over 5%, what is going on with Binance and fighting your home’s assessment value. Plus time spent on tax returns, deadlines, guidelines and that passport takes a looooonnng time.
Stop procrastinating! Write your will, update it, allow for some flexibility. Plus those high yield savings accounts are worth something these days, Twitter continues to struggle – are they in real trouble?! and what will the Supreme Court say about college loan forgiveness?
Paul Pierce slapped with a $1.4 million fine. Will Matt Damon and Tom Brady be next? Should you buy iBonds with your tax refund? Don’t waste it – sell your gift cards for cash (at least it’s less of a waste). Reminder – pay your property taxes or you could lose your house. Yes, seriously!
Seems a number of companies with Super Bowl ads in the past are no longer in business. Ouch! Hurry up and use that FSA account or…ouch! A marital disagreement over paying for college could lead to divorce. Ouch! Plus more pain on this week’s pod.
If rates are heading down, why is the yield curve still inverted? The NFT ETF is liquidating. What will happen with one for AI? Why are savers putting more into their 401(k)s? Which AMC seats qualify for premium status? Are crypto endorsers liable? What is going on with Man City? Don’t know…
Will Congress let the US default? Amazon now has a $5 monthly prescription plan. Don’t drop the ball on Medicare. Newsflash, a man’s name generally is listed first on the tax return for opposite sex couples.
Congrats – you can file your 2022 taxes! You may be eligible for a $7500 EV tax break. You also may not be eligible. The market has started off 2022 nicely. Should we thank the Fed for that? Will we see the coveted soft landing? If you like water, Scottsdale is much better than just outside of Scottsdale.
Is that a good thing? It sure isn’t needed to steal a Kia. Good tax news comes too late for most SPACs, the FTC weighs in on non-compete clauses and what should you do with those insurance proceeds?
Stocks and bonds both disappointed in 2022 - even target date funds for retirees were down 14% to 16%. Robinhood wants your IRA and is offering matching dollars to get you to open an account but be sure to read the fine print. The SECURE Act 2.0 has been signed and Cheryl is giddy with excitement.
On that bright note, market forecasts are worthless, SBF is a fraud, Elon is, well, Elon and congratulations on your new baby. Did we mention daycare could cost over $40K per year?
Newsflash – Jay made it through without scratching his eyes out! Plus Cheryl as the contra indicator and a painful lesson from BlockFi.
SBF talks about the collapse of his crypto company, the Dow rally has left others behind and year-end reminders to save on taxes. Plus Fannie and Freddie backing loans over $1 million.
We’ve moved from chaos to talk of the end of crypto amid accusations of theft and another bankruptcy filing. Plus Elon sets an interesting record, two-thirds of Twitter employees have left, 529 issues and loan forgiveness might be a pipe dream.
FTX was fine, right up to the point they filed for bankruptcy protection. Elon is fine, but says Twitter might need bankruptcy protection. He is also being sued at Tesla, claiming his pay package was waaaayyyy too much. Lastly, inflation is now fine…but it’s 7.7 percent. Interesting times…
It’s not just for the old folks anymore. Stellar October in the markets, Elon now owns Twitter (Gulp), new car prices are dropping and mortgage rates keep rising. Plus thoughts on I Bonds and a nice windfall for MA residents.
It’s not all bad news, as tax brackets increase and allowable retirement contributions jump. Student loan forgiveness is back on, wait, back off, wait… Thoughts on your disability and life insurance policies plus a serious dispute over a housing market bet. And something about a head of lettuce.
Should you cosign on your kid’s mortgage? 8.7% COLA for social security is official. Updated guidance on the rules for inherited IRAs and what would you do if you owned Aaron Judge’s 62nd homerun ball?
Six states suing to stop student loan relief, Medicare premiums to decline and a possible tax in NY to help subsidize LT care. Plus beware of the police when you rent a car from Hertz and that puppy purchase could be prohibitively expensive.
Lebron just bought a pickleball team. Why aren’t you playing yet? Market mayhem – stocks are bad and bonds are the worst in over 200 years. No, we don’t know how they came up with that stat. Plus a millionaires tax in MA, a bill to increase purchases of iBonds, and a hefty fine for Kim Kardashian.
Patagonia founder gives his company to charity told he doesn’t understand capitalism. Questionable congressional trading, volatile markets and the worst performance for a 60/40 portfolio in nearly 50 years. Plus get your year-end tax fun taken care of in advance and cash those gift checks in 2022! Plus plus can you really afford those Plus loans?
What would you do with an accidental $10 million refund? College loan rates on the rise, mortgages during retirement and be sure to repay that Cares Act distribution or Uncle Sam will come calling. Plus beware of that excess IRA contribution – it may cause more trouble than you thought possible.
The lowdown on Biden’s student loan relief plan. You have to apply for it. JPow needs work on his diplomacy, electric vehicles only in a state near you and Starbucks getting rich off the youngsters.
Looks like the first half of 2022 changed status for many. Electric vehicle incentives might not be as great as it seemed, your car wash could be a target for private equity firms, and please stay away from those meme stocks. Pretty please… plus jobs to ease the travel burden for retirees.
Did you blink? Tech stocks entered a bull market. Inflation eases a bit, the IRS is way backed up and it’s systems are ancient. Penalties to stay in your old 401(k) plan and more on the gender pay gap.
FAFSA, FAFSA, FAFSA. More FAFSA if circumstances change. Health proxy anyone? Watch for the insurance on your bill. Is renter’s insurance necessary for college students? Plus gas under $4, a little more bashing of Robinhood and social security could see a hefty jump. Plus plus napping for dollars.
That will be $200, please. Nice rebound in July, student loan pause and more to follow and Amazon moves into Healthcare. Is working from anywhere still a perk and wait a second…that car accident wasn’t my fault. Might want to mention that to your insurance company.
Could be yes or no depending on your definition. 3% mortgages are still available, single stock ETFs available for speculators and home equity loans invested in Celsius – my bad, honey. Plus IRS paperwork, handling your lottery winnings and Jay has endowment envy – relative to Harvard, anyway.
BMW charging a monthly subscription for heated seats, Tesla in “Doggie Mode,” car payments now averaging $700 and Heathrow reducing daily capacity. Plus the largest SPAC comes to an end, others to follow suit and quarterly commentary.
Shocker of shockers – Musk has changed his mind on buying Twitter. Legal battle to follow. MA settles with Vanguard, Crypto problems continue and don’t forget about those gift cards. Plus audits could be in store if you piss off the wrong people and PLEASE bump me off that flight.
What have we done right? Thanks for asking. Negotiate, save, and please remain calm during turbulent times.
Yes, we’ve heard that before. Rough week in the markets, crypto winter, inflation and Roth conversions. Plus a record payout for lunch with Warren, dogs renting out your yard and the comeback of Happy Hour.
We were supposed to discuss our personal financial "oversights" but Jay misunderstood the assignment and didnt cop to any real mistakes - maybe next time
In case you forgot, we warned of issues on the horizon with SPACs, NFTs and the Buy Now Pay Later phenomena. Listen in for another warning relating to Medicare Advantage plans. Plus savings are slowing down, a different Musk made the headlines this week (yes, they are related) and our hosts argue over real estate prices.
A doctor loses nearly 90% of his down payment in a “Stablecoin,” equity markets rally, car insurance spikes and young traders dealing with their first downturn. Or maybe their second…or third.
Headlines can be unnerving, especially during a correction – or is this a bear market? Pushback on CEO pay and the WSJ says home sales are cooling off. Hence, Jay claims victory but Cheryl says not so fast. Plus ESG investing anyone?
Elon may be a train wreck…but we can’t look away. The latest on Twitter, how Bitcoin has become a NASDAQ proxy and., of course, inflation. Plus live now or prosper later?
Market has been heading South (bad news). CNBC’s 100% accurate predictor says it will be higher in a year (good news). This predictor has been right since 2010 (which could make it meaningless). Plus 4% interest on delayed tax refunds, mortgage rates continue to jump, Robinhood screws up…again…and NFTs have lost their luster.
What people can learn in relation to the stock market. Fidelity offering Bitcoin in 401(k) plans, Robinhood struggles continue and the last Buffett luncheon. Plus updates on Elon complete with odds and student loan forgiveness without odds.
An interesting week for Musk and Twitter, Netflix takes a beating and so does the stock market. Plus beware of overpriced advice for your 401(k) allocation
He buys a 9.2% stake in Twitter, ignores filing rules, agrees to join the board, changes his mind and makes an offer to buy the company. All of this in the first part of April. Plus, the NFT bubble may be bursting, 1099s will now be issued for those who were slipping by unnoticed and I-bonds are hot…for now.
Rather than be silenced by Twitter, Elon Musk has bought a greater than 9% stake in the company and a seat on the board. A $500 million crypto theft, higher mortgage rates have not slowed down the real estate market – not yet anyway – and Robinhood is offering extended hours trading. Plus the S&P yields better returns than real estate. Yes, pretty much always.
Nobody seems to be disappointed that Q1 is in the rearview mirror but it is worth noting that bonds provided a rougher ride than stocks. Changes to company plans and RMDs could be on the way shortly and student loan repayments are set to restart on May 1st. Or are they…
Leveraged bets, meme stocks heating up again and tax consequences of flipping your homes too quickly. Plus yield curve inversion, a “billion dollar” wealth tax and more, including the tiny Russian stock market.
Leasebacks are pushing people to the front of the line when buying a house; that house is worth 20% more than last year, an increase in value that may be more than you earned. Plus don’t let your truck idle too long in NYC, High School personal finance requirements (for good and bad) and even more on Crypto.
Our hosts explain why they aren’t too concerned about recent economic activity and forecasts. Plus another student loan deferral in the works, high starting salaries for college grads, insuring your EV might be painful and an update on tax rules for inherited IRAs. Plus plus Shake Shack offers crypto rewards.
Market reactions, sanctions and crypto to avoid those sanctions. Crypto DAO buys property in Wyoming, Grayscale pushes the SEC for an ETF but omits performance concerns. Hmmm. More on used cars, electric vehicles, filing taxes and tech support in assisted living.
Navient loans forgiven for those not paying but an interesting lesson for those that were. Luxury cars burning at sea, a 90 minute trip to space for only $450K and mortgage rates on the rise. Plus annuities as a default 401(k) option and BNPL vacations are all the rage.
A new option from TurboTax. Crypto also on the menu in the latest divorce proceedings. Plus a trading ban for Congress gains support, auto insurance costs soar and car dealerships taking advantage of desperate buyers is angering the folks at Ford and GM. Plus plus the ten million backlog in tax returns at the IRS is actually 24 million.
Let’s Go Rams – it’s all about the $$$. Better be, since an ad costs $7 million and spots will be dominated by crypto. FB takes a bath, Amazon soars, home maintenance is more expensive than you think and what is that gold square sitting in Central Park?
Maybe, maybe not but there is definitely a booze shortage. Yields are low but bonds are in high demand. Galvin tries to protect the little guy in target date funds and NYC is joining Colorado in requiring wage disclosure.
The little guy takes it on the chin with a Vanguard share class exchange helping out the big guys but gets some love with the Naviant student loan settlement. The big guys won with Vanguard but might be taking a hit when buying second homes. Everyone is looking at rising mortgage rates and the IRS is looking at a backlog of 10 million filings from 2020.
Our podcasters make predictions for the coming year – just kidding. Want to earn like a CEO? Tik Tok could be your avenue. Plus MA clawing back billions in overpayments for unemployment and working from home is permanent at Robinhood.
Fed official trades in advance of market moving news, Scalping the Ford Lightning, and Elizabeth Holmes “…just doing what others did…”. Plus a 2021 recap, changing RMD tables, and Toyota is #1 in America.
The bill comes to a screeching halt, Elon to pay $11 billion in taxes, McDonald’s CEO returns $105 million and BNPL on your credit report. Plus free driving, early decision may not be binding and reading the syllabus might pay off.
Peloton vs. Sex and the City, reverting to ancient times when the internet collapses, Robinhood not living up to their name and Meme stocks are struggling.
Going once, going twice, sold for $4.3 million. Plus get that Power of Attorney for your spouse, rough week on Wall Street and the anniversary of Irrational Exuberance. Plus trouble for DWAC, market forecasts are worthless and Crypto turns south.
In the battle to scare investors, both did nice work this week. Market reaction or overreaction? Goldman expanding benefits, changes to retirement account contribution limits and get your paperwork in ASAP.
Steak and caviar for the world’s richest dog, crypto signing rights in LA, a crypto bid on the US Constitution and crypto theft via phone hacking. Buy books, get one NFT, Rivian comes back to earth and tax credits vary based on who assembled your electric vehicle.
Home buying in frenzy mode, inflation (gutters anyone?) on the rise but so is the economy and Elon Musk keeps tweeting. Plus Rivian goes public and more on Medicare.
Elon Musk’s abuse of Twitter and childish replies to Congress, Inflation vs Wage Gains, a strike at Deere and Zillow is having algorithm problems. NFT fans meet in public, not online and the hidden dangers of being an astronaut.
Wondering if any new bill will get through Congress? So are we. Potential legal issues for the Trump SPAC, Robinhood earnings take a hit and Zillow can’t find contractors to help them flip houses. Don’t forget to check your withholding taxes, thoughts on the Metaverse and missing the bookmobile.
Yes, SPACs and NFTs are making news again, with Trump, WeWork and Martha Stewart leading the way. Plus new restrictions on trading at the Fed, why the Bitcoin Futures ETF could be more expensive than advertised and payroll issues at Amazon warehouses.
Biggest jump in social security payments in 40 years, possible tax assistance for property and casualty losses and questionable trading in judges’ portfolios. Plus ETFs trading crypto futures are here and banks are pushing back against IRS requests.
William Shatner is heading to space at age 90, supply issues are causing issues in the economy (and delaying Jay’s car repair). Plus Varsity Blues trials, low appraisals causing problems with home sales and refinancing. Plus plus expansion of loan forgiveness, Allstate/Big Brother is watching you drive and yes, more talk about Bitcoin.
Turmoil at Facebook, the Fed and among Judges. The latter two are dealing with conflicts of interest and, at least according to one article, the stock market ended the quarter in turmoil as well. Plus Dollar Tree increasing prices to, well, more than a dollar.
But might let a major firm default on hundreds of billion in debt. Will this and debt ceiling battles in Congress bring market volatility? Plus more on flood insurance, social security statements and the proliferation of Buy Now Pay Later programs. Plus plus very little interest in top college rankings.
Facebook has a different set of rules for those on its white list. Did Cheryl jinx the markets? A new tax proposal working its way thru Congress, Robinhood recruits college kids and how stable is Stablecoin? Plus FAFSA and Medicare open enrollment are right around the corner.
Are YouTube and TikTok influencers the new market movers? Absurd housing prices, a SPAC rout and El Salvador adopts Bitcoin as their currency. Plus flood insurance, potential changes to social security and it may be time to kiss your wallet goodbye.
GameStop could be added to the index. That’s one way to slow down the index. The SEC could be targeting Robinhood’s business, Paulson claims crypto is worthless and where should you put your down payment for a house? Plus gaming addicts in China are now being restricted and keep an eye out for a bill when you skip that wedding.
There’s a company that can help you with that – but the devil is in the fine print so beware. Also, working two full time jobs at the same time?? We admire the hustle but how can that end well? Be sure to carefully read your employment agreement for confidentiality and non compete provisions. The average age of a 401k millionaire is 58 and the number of 7 figure accounts has grown markedly over the past year. Finally, the new way to buy a car? Skip the dealers lot and place your order online – just be flexible with the delivery date.
SPACs are becoming SPARCs to stay one step ahead of regulators? Pfizer gets full FDA approval and companies immediately start requiring the vaccine. Delta is even charging its unvaccinated employees an extra $200 per month for supplemental health care costs. Robinhood causing proxy headaches. A semester abroad could land you at your dream school or room and board breaks to live off campus. Plus Visa purchases a cyber punk NFT for only $150K and the government provides loan debt waivers for the disabled. More on the way?
A $100 million settlement and criminal charges pending. Seems regulation might come in handy. AMC plans to accept Bitcoin and may do business with GameStop. Their new stock holder base is pleased. Plus investing those lump sum payments immediately or over time.
A little background drilling didn’t keep our beloved podcasters from delving into the Wild West for Venture Capital and Crypto, the SEC’s desire to police crypto, a roaring job market and an extended moratorium on student loan payments. Plus Robinhood spikes the week after its IPO but still faces legal troubles and law school debt – is it really worthwhile?
The IPO did not live up to the hype. What’s next? Charities accepting Bitcoin, toy prices skyrocketing and be sure to keep your will up to date. Plus China encourages population growth, turns for profit companies into nonprofits and might be trying to crash their stock market. Plus plus how the potential cap gains tax might impact regular folks having one great year.
Sellers are taking everything and the kitchen sink. Renting out your pool swimply can bring in serious bucks. Will the Robinhood IPO crash their systems? Plus your FICO score could be losing its luster and congrats on your new startup – let’s throw a shower.
Cheryl wants to join but better make sure her passport is up to date. Worried about inflation? Don’t believe those forecasts – they’re pretty much always wrong. The child tax credit (Surprise!) is coming to your bank and beware of added health costs in your tuition bill.
A Q2 recap, Branson in space and not all Masters degrees are created equal. Covid funeral reimbursement, Fed Loan Servicer is changing and everyone should call Cheryl from July 22nd to August 19th. She will pick up and her number is…
Interesting timing of the Robinhood filing. Possible changes to Roth IRA rules. Will the student loan relief be extended? Big numbers on the job report and inflationary concerns. Read your condo report before buying and Joe Rogan is making some serious $$$. Jay asked for…and received…a raise for the podcast.
Peter Thiel and other uberwealthy take advantage of the Roth IRA - probably not what the designers had in mind. Paying your rent via credit card without added fees. About two-thirds of mortgages are not going through traditional banks. Every topic in this podcast was introduced by Cheryl – notes (the very bored?) Jay Furst…..
Inflationary concerns might be overstated but the market went south last week. Electric vehicles are struggling but one company seems to be crossing ethical boundaries. Crypto sells off and yet more stats on home sales.
Follow those instructions to avoid income taxes. Bezos and friends in space. Will we be living like the Jetsons soon? Plus more real estate insanity, more Elon/Bitcoin insanity and inflation could be coming your way and already has if you frequent Chipotle.
AMC Apes leading the charge despite a clear warning from AMC management. GameStop sees another surge. Crypto conference craziness and a video warning to Elon Musk for ruining lives. Plus discussions on after-tax 401(k) contributions and settlement options on your LTC policy.
What happens to crypto if the Fed creates a digital currency? Only Elon Musk knows. Junk loans are being bundled again. A little scary indeed. Interest rates on student loans are rising but so is your monthly social security payment. Hopefully you aren’t collecting one and still paying the other.
Can I get a woohoo? How much is enough in a 529? How much is too much? Bitcoin pulls back sharply. Selling a vacation home – don’t fear, that capital gain might not be as large as you think. Plus CNBC getting in on the NFT craze and a slowdown in the homebuying market.
The latest Secure Act proposals and how they may impact you. Please avoid these social security mistakes. Giving out your social security number is not really on the list but just say no.
We tried but couldn’t quite make a clean break from crypto talk. Berkshire price too high to record? Insurance premiums on the rise. Gas prices could be as well after the ransomware attack on the Colonial Pipeline. FAFSA filing deadline is June 30th but try not to get caught up with those college lists. No plans to retire? Seems you have company.
Warren and Charlie take aim at Robinhood and they fire back with guns blazing. Tax proposals in Congress, Crypto rewards cards and the steep price for Tesla solar shingles. Plus HELOCs drying up and a new a new entry in the crypto market that makes dogecoin look, uh, cute.
Money saved and stir crazy after Covid, some folks are cashing in their chips to travel. Maybe the lower income will help when they see rising tax rates on the horizon. Interested in investing in SPACs or the $100 million deli? Looks like the SEC has put an end to some of the insanity. Plus Mackenzie Scott is clearly generous but it might NOT be her “giving” away money.
A deli with $35K in revenues is valued by the markets around $100 million. Is Robinhood there for the little guy or is the little guy their prey? Possible changes to RMD rules, Bernie wants to change the estate tax and dogecoin as cryptocurrency takes a turn towards the bizarre.
Jay says his black eye is not related to this episode’s lead story. And are you ready to retire – financially AND emotionally? Either way, be sure to take some vacation time – your company may even pay you to do so. Coinbase goes public and be careful of recurring charitable contributions.
It vanished in days – thanks to Archegos Capital Management. Another milestone for the S&P, the jobs market is rebounding and GameStop is issuing more shares. Even worse, it seems people are lining up to buy those shares. Is your credit card held jointly or are you an authorized user? Plus more on the soaring housing market.
Crazy auction for a NY Times article. Should we auction this podcast? Free donuts for those who are vaccinated – talk about getting fat and happy. Plus Coinbase account hacking, a majority female board at GM and be careful what color your car is – it could cost you.
Nope – not a sci-fi movie. Yep – Cathie Wood’s 2025 target price. Companies paying employees to get a shot. Bars offering shots for shots. Taxes are due in May; should you trust the IRS to figure it out and should you trust Grayscale to get you into Bitcoin? Trick question: are there more realtors or more homes on the market?
The Dow sets record #11 for the year, small caps jump 7.3% in a week and value is beating up on growth. The real insanity lies with Gamestop, Beeple, SPACs and the increase in short selling. The real real insanity lies in the number of babies NOT being born. Plus some normal stuff on projected economic growth and restrictions on local governments use of stimulus funds.
Coming soon to a bank near you – stimulus checks, extended unemployment compensation, tax breaks for children, Cobra and more. The first ever tweet as a NFT goes on sale and bidding is currently at $2.5 Million. That is not a typo. Plus quotes from Buffett AND Costa. Those credit card rewards could be taxed – be careful.
Munger offers views on Bitcoin, Tesla, Robinhood and SPACS. Apparently, people would give up just about anything for a vacation. Be careful about buying another home and keeping your current one - history tells us the recent run-up won’t last. Another GameStop spike and career choices that could land you in the top 1%.
Electricity concerns, and pending insurance battles in Texas. Bitcoin volatility, and boredom fueling economic growth. Only in a pandemic. Plus AirBnB is not making their owners happy and we always mention Tesla…
Nope, they’re not related. Is GameStop indicative of a bubble? If so, is the Fed to blame? GM going electric, oil production on the decline and Tesla cheap with their retirement plan. Venmo under scrutiny plus insurance that goes above and beyond.
If you are day trading, be prepared for a 1099 that includes hundreds or thousands of pages and a complicated (and pricey) tax return. Also, Elon buys $1.5B in Bitcoin and what might happen if student loans are forgiven. The founder of Redditt’s Wall Street Bets sells his story and the health care exchanges are re-opening.
An explanation of GameStop’s wild ride that includes Skittles. Plus new FAFSA rules and a change to mortgages that can impact owners who rent out their second homes.
A short squeeze and wild speculation bring talk of a bubble, SPAC attack in hyper mode, good HS grades can translate into $ and insurance agents falling short of their quotas pay more for health insurance. Plus, some states require you to fill out FAFSA if you want to graduate.
Biden proposes another round of stimulus, a $250 million lesson on the importance of storing passwords, IPO mania runs hot and the IRS will not accept tax filings before February 12th. If you want the vaccine in NJ, start smoking – it could be the only time smoking is considered good for your health.
10 Year Treasury jumps, Bitcoin and Tesla updates, Jack Ma, founder of Alibaba goes missing and Robinhood is looking to attract more women.
Fondly bidding farewell to 2020, recapping the year in the markets, updates to the stimulus bill and the latest on Bitcoin (Happy Birthday to the digital currency). Plus, parental debt for college is skyrocketing.
Congress pushes through a $900 Billion stimulus package. Consensus is that more will be needed. Tesla joins the S&P, the Bitcoin frenzy continues and Mackenzie Scott brings charitable giving to a spam folder near you. Plus a Robinhood fine could precede their IPO and mortgage rates set yet another all-time record low.
The market rolls on, DoorDash and AirBnB go public, Tesla analysts see a range of over $1000 on the future of the stock. How about a charity auction for vaccine rights?
People think “tax time” occurs in April but it really occurs in December. Also, learn more about the credit card that pays bitcoin rewards and the male financial advisor who sent a charm bracelet to a female client. Oh boy….
The Dow hit a big milestone but it lasted all of one day so far. Revisiting Bitcoin – is it worth a closer look? Tesla hits new highs and is on deck to have serious impact on the S&P 500. Investors in their 20s saving and investing in a way that makes Cheryl proud. Apparently, crime in CA pays in the form of jobless benefits. Congrats to Janet Yellen and her struggling husband, a Nobel prize winning economist.
Tesla and Bitcoin flying high might not be newsworthy but small cap and value doing the same sure is. Watch out for year-end fund distributions. Should you pay off your mortgage? Should Cheryl? Beware of keeping up with the Joneses. Plus increased booze sales are NOT leading to an increase in babies. Who would have thought?!
One week later and another vaccine is out. The market, particularly small cap and value, react positively. A tax to work at home? Housing markets jump whether buying or renting and you can even enhance your income by renting out your pool. Plus Medicare, offensive Covid fees and a nice place to bring the whole family together.
Recent market volatility followed by a spike on news of a vaccine breakthrough. Peloton is popular… and pissing people off. Bitcoin volatility is also back and buying homes with your significant (non-spouse) other is all the rage. Plus that job managing Whole Foods pays better than you think.
We only know that our next President will be collecting Social Security over the next 4 years. A number of states up for grabs the day after the election and none of them are Florida. Cruise ships back on the water, Secure 2.0 and deferring financial decisions to your better(?) half. Plus a hard stop 7 minutes into our podcast – we really need to work on our technical skills….
New ideas for the Great Pumpkin, conservative parents turning into day traders, improving credit scores and loads of fun with the 4% rule. Plus UPS encourages employees to save for a rainy day, and waiting on line pays well.
Record low mortgage rates along with extended time working from home are pushing people to upgrade but maybe your starter home is the way to go. Besides, if you want to host a large gathering, just rent out an AMC movie theater for as little as $99. Seniors starting up businesses, following up on Robinhood accounts getting hacked and more.
What is or is not happening with the stimulus talks changes on a daily basis. Some on Wall Street think a blue wave could be good for the markets. What should you do if offered a voluntary severance package from your company? Maybe work from your new home in Barbados. Plus fraud with Robinhood accounts and payment apps.
Labor market numbers, a presidential debate, a sick president and proposals from the leader in recent polls are discussed and dissected. Almost forgot – if you filed an extension for your taxes, time is ticking.
Is Trump’s CPA in high demand? The IRS expects payment for Crypto Currency transactions, found diamonds and earning from the million or so new businesses. If Uncle Sam stops watching, Amazon has a drone for your house so you can rest easy knowing Big Brother is out there. The Real Estate market is sizzling, October 1st is FAFSA Day (no parades this year), and Venmo is not playing nice in the sandbox with scam victims.
What does Ruth Bader Ginsburg have to do with money and the economy? Not much but her passing needs to be noted and her life and legacy set an outstanding example. We also talk about overvalued stocks, a former CEO in hot water, tax changes in NJ and potential tax changes to your 401(k).
Jay and Cheryl strongly disagree as to whether a vaccine stimulus package would work. Robinhood traders could be taken to the cleaners come tax time. The payroll tax suspension is not being used by most companies and, stunner of stunners, parents of suspended Northeastern students are suing for a tuition refund.
The NASDAQ is crazy? Or is it? Apple’s rough day cost more than 470 of the S&P 500 companies are worth. Tesla to the sky and back. Is inflation higher than the numbers indicate?
Plus tuition penalties for partying and Peloton’s new options.
Mortgage refi charges (yes, we talked about this last week) have been postponed, Baby bonds floated in NJ, and pandemic clauses could be in your next lease. Don’t ask for forbearance immediately after signing your mortgage docs. Finally, let’s grab a bite in London Monday – Wednesday. $13 off…
Tuition is even more expensive if your kid gets suspended for violating new Covid-19 rules. Apple and Tesla seem to be on a nonstop march higher. Do stock splits really matter? Mortgage rates are all over the map and you have the right to healthcare you probably can’t afford.
Some colleges are adding a Covid-19 fee to your bill, refinancing your house will soon cost an additional 1/2 of 1% and maybe it’s time to review your insurance – good idea to try to lower some fees. Social security checks might not be increasing in 2021. Rumor has it this is not related to the man who cashed his dead Aunt’s checks for 43 years.
Executive orders from the oval office – worth the paper they’re written on or just a campaign tactic? Will Congress get their act together? Are tax changes coming? If so, do you need to overhaul your portfolio? What’s with Harvard’s freshman class? How about the rest of the country?
If you have enough of it, you can set up a camp in your own backyard. New COBRA rules might let you save a bunch on premiums – unless you need medical care. Or you can run Kodak and get a nice share award 24 hours before announcing a huge deal worth hundreds of millions.
Yet another stimulus bill is being discussed in the halls of Congress, mortgage rates are at all-time lows (yes, again) and the virus has caused the cancellation of the Nobel Prize dinner. If that isn’t bad enough, NY could be working on a billionaire’s tax. Seemingly unrelated, your change may be worth more than you think.
July 15th is the new April 15th, at least in 2020. Not to be confused with 50 is the new 40. File, pay estimates, harass your accountants… Students getting jobless benefits for missed summer jobs, states and Auto IRAs and hundreds of millions in fraudulent jobless claims. Plus a golfer with a protractor. Go figure...
The last time the Dow had a quarter this strong, Cheryl and Jay were in college – don’t do the math. Also big news about RMDs – you can now easily return all RMDs taken in 2020. No need to worry about 60 day rollovers or distributions taken in January. And Ford lets you return its cars if you lose your job, the PPP expired with money still available so Congress extended the deadline for applying, and banks are getting wise to people taking out 30 year loans with low down-payments for coastal properties.
Yes, you too can get retirement planning tips from a hairdresser/investment guru. What is the world coming to? Funny you should ask – seems some former EBay employees sent lovely gifts to those who spoke poorly of the company. Smile. Visit the dentist. It seems that is the key to getting the economy back on track.
Many companies are cutting the matching component and private equity investments could be an option soon (GULP!). The S&P recovered the full year’s losses – meaningful or not so much? Are we in a recession? Are we out of a recession? Updates to the PPP and tips for 0% credit cards, your stimulus payment debit card and buying a new car.
Maybe the April data is a little skewed coming off a brutal March with little opportunity to spend but savings rates are at an all-time high and income jumped over 10% for the month. Follows that credit card debt is shrinking. Like getting mail? The IRS has plenty for returning workers. Google and Netflix in the news for different reasons. Our advisors are not fans of broker sold 529 program.
Twitter’s employees are working from home indefinitely and half of all Facebook employees will be doing the same in the coming decade. That could reduce their income. Student loans are cheap. Lend money to your kids and save them from a battle in divorce proceedings. Isn’t that sweet?
Your biological age or your chronological age – maybe it really is just a number. Coincidence that we discuss this on Cheryl’s b-day? An early review of the CARES Act and a potential preview of the Heroes Act. Quarantine can change the state to which you owe taxes. Good luck getting life insurance. Good luck to new grads.
Or at least they were for about 30 minutes. Add in some updates on stimulus checks, COBRA and how to get forbearance on PRIVATE student loans. If you take a few minutes to listen to Charlie Munger’s story, you might not feel so bad for yourself. A nice dose of perspective.
The dangers of relying on rent to afford a second property and Warren Buffett rides again.
According to Morningstar and others, investors did just that in Q1. Seems Jay and Cheryl think some numbers may have been spun and there was plenty of panic to go around. Banks may be cutting your credit lines on cards and HELOCS. Good luck returning your leased car and please don’t link your credit cards to Venmo. Could be quite expensive.
Could be at an old bank, Wal-Mart, H&R Block or in the ether. Updates on the PPP, 401(k)s and the plummeting price of oil. A HELOC is a great emergency backup but good luck getting approved for one these days.
Of course we don’t know where it is but clients ask anyway. Greatest week in 45 years is nice but doesn’t mean much. Updates to the stimulus bill, Google and Apple teaming up and auto insurance refunds. Plus we found it more surprising that 1 in 5 people weren’t paying their rent on time BEFORE the pandemic hit.
Updates on reversing RMDs already taken, small business loans – who is and who should be taking them – and guidance for those who face travel cancellations.
We review the CARES Act, update tax deadlines and strategies, unemployment payments, student loans and retirement account distributions. Plus the quickest bull market in history. Yes, right now.
Tax deadlines are changing day by day and the changes are confusing – make sure you don’t miss any of the deadlines. Are checks coming your way? It looks that way but the amounts will vary. Student loan payments can be waived but you have to ask. For the young folks, stay healthy and take advantage of the greatest market sale you’ve ever seen. Finally, who is more essential, your financial advisor or your local liquor store? We could debate this for years…
“This time it’s different.” Honestly, its not. This time is un-nerving because it’s happening now. Is it scary? Sure. Does history tell us to embrace a bear market despite our fears?? Absolutely.
The market went from practically no volatility to daily swings of 2-3% and more. Anyone notice? Robinhood crashes, travel insurance and the correlation between the President and the economy.
Markets had a brutal week. Fear is spreading rapidly. What should you do? Turn off the TV. What shouldn’t you do? Panic and sell all your stocks. Comparisons to prior events and a look at the numbers.
CAT bonds could be paying out. So will the rich if a Democrat takes the White House. Fraud warnings, this time for the younger generation, VA loans. Wait – you didn’t tune in for the scoop on getting a Real ID…
The coronavirus and its impact on the global economy, Charlie Munger says EBITDA is bulls… Flip phones making a comeback and some tax time reminders. Plus Cheryl had no time to prep.
The statistics are both alarming and misleading. Meanwhile, premiums are sky high and rising. Worth it? Tesla stock is sky high. Is it worth it? Elon Musk says yes while the short sellers say OUCH!
There was a lot going on last week – should you care? Also, how people in their 50s and 60s are now supporting adult parents and adult kids. Finally, banks that will help you get your money back if you are the victim of a scam but only if you sign a non-disclosure agreement first.