Oct 16 2020 26 mins 327

WEALTHTRACK believes the key to successful long term investing is diversification and intelligent asset allocation. Our goal is to help viewers build and protect their wealth in all of the investments they care about: financial, real estate, art, and collectibles.

The Feds Importance in Predicting the Markets
Oct 02 2020 26 mins  
“Don’t fight the Fed” has become an accepted Wall Street adage. It’s a phrase coined by Martin Zweig, a legendary technical analyst, and investor who predicted the 1987 market crash to the day and was the author of the 1970 investment classic Winning On Wall Street. Zweig wrote that “The monetary climate - primarily the trend in interest rates and Federal Reserve policy - is the dominant factor in determining the stock market’s major direction.” Fast forward 50 years and “Don’t fight the Fed” is very much alive. This week’s guest has been following that dictum during his 40-year investment career. He says we are in the midst of a Fed-induced market melt-up right now. He is Ed Yardeni, a respected Ph.D. economist, strategist, and Fed watcher who leads Yardeni Research, a global investment strategy firm he founded in 2007. A prolific writer, publishing a detailed daily Morning Briefing and comprehensive What I am Reading list, he is also the author of a new book, Fed Watching for Fun and Profit: A Primer for Investors. He’ll discuss why the Fed has become even more important in predicting the markets and what its current policies mean for investors. WEALTHTRACK #1714 originally broadcast on October 02, 2020 More info: https://wealthtrack.com/why-fed-watching…-market-behavior/ Fed Watching for Fun and Profit: A Primer for Investors: https://amzn.to/30pSlkM Winning On Wall Street: https://amzn.to/30rYhJI

How COVID is Affecting Retirement With Retirement Benefits Expert Mary Beth Franklin
Sep 12 2020 26 mins  
COVID-19 has affected just about every aspect of our lives: our jobs, our health, our family and social interactions, children’s education, and leisure time. But what has it done to retirement prospects? Not surprisingly, it has hurt them. According to a survey of American workers with qualified retirement savings accounts, “...almost half (49%) had experienced a reduction in work income through job loss, or decrease in hours and/or a pay cut”. Also, “...workers who lost their jobs or experienced a drop in income due to the COVID-19 pandemic were at least twice as likely to take money from their qualified retirement savings accounts as those who weren’t impacted.” Retirement plans for older workers are particularly stressed. Not only do they have less time to make up any shortfalls, but seniors are more at risk from COVID-19 than younger people, so returning to work is more problematic. According to the Urban Institute the combined rate of unemployment and underemployment for workers over 65 was 26% recently, much higher than for those between 25 and 54, and the largest gap on record. How can we improve our retirement plans to withstand the current shock of this pandemic and future crises, which will inevitably occur? This week we’ll be joined by one of WEALTHTRACK’s long-standing and most popular guests, retirement expert Mary Beth Franklin. Franklin is a Certified Financial Planner, award-winning personal finance journalist, Contributing Editor at InvestmentNews, and Author of “Maximizing Social Security Retirement Benefits.” Franklin explains what the pandemic has revealed about the state of retirement planning in the U.S., and how to best manage your own retirement in the current situation. WEALTHTRACK # 1711 originally broadcast on September 11, 2020 More Info: https://wealthtrack.com/how-covid-is-affecting-retirement-with-retirement-benefits-expert-mary-beth-franklin/ Maximizing Social Security Retirement Benefits: http://www.investmentnews.com/MBFebook Surveys & Articles: https://www.limra.com/en/newsroom/industry-trends/2020/secure-retirement-institute-covid-19-related-job-loss-or-income-reductions-drive-americans-to-tap-their-retirement-savings/ https://www.nytimes.com/2020/06/26/business/retirement-coronavirus.html

All The Reasons To Be Bullish
Sep 10 2020 26 mins  
Remember the discussions about the shape of the economic recovery? Would it be a “V”, a “W”, or maybe even a hockey stick? The jury might still be out about the economy, but as far as the markets are concerned there is no question. V’s abound. The top five S&P 500 companies by market capitalization - Apple, Amazon, Microsoft, Google’s parent Alphabet, and Facebook - all but the last topping a trillion in market value, are sharply higher. It is no surprise to this week’s guest. Ed Yardeni turned bullish nearly to the day of the market turnaround. He and his team are now calling this a Fed-led meltup. They say it could turn into the Mother of All Meltups, what they jokingly refer to as MAMU if it continues. They would feel a lot better about its sustainability if the market had some sort of correction or consolidation. So far it hasn’t complied. Yardeni is a Ph.D. economist, long time Fed watcher, and investment strategist who is widely followed by institutional investors. He founded his own global investment strategy and asset allocation firm Yardeni Research in 2007, having held top investment positions at several major firms. He is also the author of a new book, Fed Watching for Fun and Profit: A Primer for Investors, which will be the focus of another WEALTHTRACK. This week, we’ll discover how bullish he still is and gets his advice for investors. WEALTHTRACK #1710 broadcast on September 04, 2020 More info here: https://wealthtrack.com/all-the-reasons-to-be-bullish-with-veteran-strategist-and-fed-watcher-ed-yardeni/ Fed Watching for Fun and Profit: A Primer for Investors: https://amzn.to/31YHWh8

5 • 1 Ratings

GY HK May 28 2020
Rob Arnott. Wise and helpful.