Are economic numbers being measured correctly? The Institute for Supply Management conveniently reports a slowdown in manufacturing before elections, decreasing possibility of rate hike. I then focus on the financial aspects of immigration pointing out flaws in the argument for legalizing illegal immigrants simply to make them tax payers. Other topics include:

• When is it appropriate to include emerging market bonds to your portfolio?
• ETF’s shutting down at a record pace
• Big changes to the S&P 500 that will increase volatility in REIT’s as they become their own sector in the market
• Living trusts, QTIP trusts and Gene Wilder’s death

 

Don’t forget to register for our Retirement & Wealth Preservation seminar on September 10 at Four Points by Sheraton in San Rafael where Rob Black, Michelle Lerman and I will cover strategies to help with complicated retirement wealth and estate plans. Registration is only $5 so click HERE to sign up!

 

 

Email your money question to [email protected] , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.