WEALTHSTEADING Podcast investing retirement money stock market & wealth

Episode 158: (Part 2) Bad news is again good news on Wall Street…the indexes were up 1% yesterday on news of slowing US manufacturing and the hint of more stimulus from the European Central Bank…after Fed comments about a strong economy the market was down 1% today. The IMF will include the Chinese Yuan (RMB) in their basket of currencies…and... Read more →

Episode 157: (Part I) Bad news is again good news on Wall Street…the indexes were up 1% today on news of slowing US manufacturing and the hint of more stimulus from the European Central Bank.

In this two part series, I’ll discuss the global markets and then comment on 1) the IMF and the Chinese Yuan (RMB);  2) Brick & Mortar Retail sales are flat; and 3) and slowing US Manufacturing.

————————————————————–

10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

————————————————————-

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

————————————————————–

Episode 156: What do you spend your time daydreaming about?  Are you haunted or inspired by recurring night dreams?

In this episode I discuss how your dreams can direct you toward success and a fulfilling life.  No hokey psychobabble and nothing esoteric, just some personal observations about the importance of dreams.

Listen to my interview with Brandon Clay on the Trading Story Podcast:

http://tradingstory.com/podcast/71-wealthsteading-and-trading-with-john-pugliano/

————————————————————–

10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

————————————————————-

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

————————————————————–

Episode 155:  In response to listener questions, here are my thoughts on buying a franchise.

* Does the franchise have a good business model? [Something you couldn’t duplicate on your own and worth the 5%+ yearly royalty that you’ll pay them?]

* Can you sustain yourself until the business produces a livable income? [Need large capital reserves and/or spouse with income & medical benefits.] [Also, consider buying an existing franchise that is producing a verifiable profit rather than a startup.]

* Does it fit your personality? [Retired military and mid-level corporate executives do well.]

————————————————————–

10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

————————————————————-

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

————————————————————–

Episode 154:  In response to listener questions, here are my thoughts on the myRA program- it’s a good account for the beginning SAVER.

PROs:

There are no minimums, no fees, and the principle is guaranteed; like a ROTH the gains are forever tax free and the principle is always available without penalty.  Long term interest is paid with the benefit of short term liquidity.  [NOTE- because the investment is fully guaranteed, there would be NO LOSS of PRINCIPLE should interest rise.]

CONs:

The downside is that there is only one investment option (a US Treasury index) and that the total account value is capped at $15,000.

 

For the beginning SAVER, the pros far outweigh the cons.  [Note the emphasis is on SAVER, not INVESTOR.]

Learn about it at:  www.myra.gov

One last comment- for those that use the myRA as a place to park emergency fund savings…they’re over-thinking the issue.  Listen to this episode for details.

————————————————————–

10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

————————————————————-

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

————————————————————–

Episode 153:  Two topics in this episode:

* This very resilient market is firing on all cylinders because of a convergence that I don’t think will last- Terrorism in Europe has helped Aerospace/Defense and Energy stocks; Fed interest rate hike is helping Financials; Dollar is strong because of Housing and Consumer Discretionary. But expect the volatility to continue because these are not supportive, in fact they’re counter-trends that are likely to bring the market back down once optimism fades.

* Radio Infomercials- watch out for “guarantees” and hucksters claiming to know “secrets” of the rich…a fool and his money are soon parted.

————————————————————–

10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

————————————————————-

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

————————————————————–

Episode 152:  Two topics in this episode:

* As a follow up to Reading Beyond the Headlines- ignore Economic indicators (GDP, Unemployment rates and other contrived statistics) and pay attention to MARKET indicators (the actual price of things- gold, oil, the S&P500). Track them using simple moving averages.

* Unrealistic stock market expectations- since the year 2000, real GDP has only averaged 1.9% and total S&P500 returns including dividend has barely average 4.5%.

—————————————————————————————————–

10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

—————————————————————————————————–

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

———————————————————————————————————

Episode 151:  In this episode I discuss why it’s important to read beyond the headlines by researching the actual facts.

For example, much is being made that 2015Q3 earnings are “beating estimates”…but they’re only beating because the original estimates have been consistently revised DOWN all year long.  S&P500 earnings are in the range of <$110 but last year they were estimated at over $130…that’s a DECLINE not a BEAT.

Also refer back to Wealth Building Principle #8 Decrypting Propaganda:

https://www.wealthsteading.com/episode-8-decrypt-propaganda/

—————————————————————————————————–

10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

—————————————————————————————————–

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

———————————————————————————————————

Episode 150:  Step-Up Bonds (notes) are a form of corporate debenture (debt instrument) that has a variable interest rate generally increasing over time.  Personally I don’t like them- the notes are Callable, thus diminishing the likelihood that higher rates will be paid if lower market yield exist.  To be charitable, in my opinion it’s a form of “sleight of hand.”

All this and more in this episode.

—————————————————————————————————–

10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

—————————————————————————————————–

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

———————————————————————————————————

Episode 149:  Debt is bondage and it’s crucial to your financial independence that you set yourself free.

—————————————————————————————————–

10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-building-principle/

Full archives are available at:  https://www.wealthsteading.com

—————————————————————————————————–

Subscribe to the Wealthsteading Podcast:

via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058

via STITCHER:   http://www.stitcher.com/s?fid=53115&refid=stpr

Hosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building principles to help investors build wealth and attain personal freedom.

For more information visit us at: www.wealthsteading.com or www.investablewealth.com

Copyright © 2015 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.

———————————————————————————————————