As the Dow marches towards 20,000 I list off several positives (such as a 5% revenue jump) that are pushing the Dow to an all-time high. I explain why it is smart to make portfolio reallocations in January, why the market will be volatile and who should be rebalancing. Other topics include:

• Reviewing bond allocations in your 401k –Avoiding certain types of bonds
• Where should you put safe money in your 401k?
• What is the right move for this self-employed person funding a SEP IRA with $50,000 in a 401k from their previous company
• Which is the better strategy for rental property? A 1031 exchange now vs. moving in and selling later
• Cuts in Social Security benefits needed by 2031
• Backdoor Roth IRA dissected

 

 

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.