This week on “Money Talks” Director of Research, Troy Harmon, CFA, is joined by Matt Hames, CTFA, and Ben Crowe, CFP®, CFA, C.P.A. to discuss how low fuel prices are affecting both consumers and the market. The experts also spend some time on a case study of a family who was looking at an empty nest in two years when the children went to college, but now find themselves expecting a new bundle of joy. They also address listener questions on COBRA insurance coverage and Five Below.
The week ended on a positive note, as the Consumer Sentiment Survey jumped to 98.2. Our experts also discuss how low fuel prices are affecting both consumers and the market. They also look at the Producer Price Index, the Job Openings and Labor Turnover Survey and discuss why the Fed is watching this economic reading. They also discuss earnings from several of the major bank stocks.
Our “Money Talks” hosts answer listeners’ questions on discount retailer Five Below, and what happens to COBRA insurance benefits if the employer goes out of business.
This week on “Money Talks,” Matt Hames, CTFA, joins Dr. Gene, Bil Lako, CFP®, and Troy Harmon, CFA, to discuss the week’s market movements, establishing a Roth IRA for a young adult and dividend-paying bank stocks. The experts also focus on a case study about a man who has been offered an early retirement offer at age 48. His financial planning gets tricky when our experts realize all of his retirement assets are in his company’s stock inside his 401(k).
Generally, you never want to take a cash distribution from your 401(k), unless you have highly appreciated company stock.
Friday’s session ended in red territory with Energy stocks leading the way, capping off a volatile week. During the week, stocks traded lower amid a further retreat in oil prices and a variety of economic news. U.S. factory orders declined in November, as new orders for manufactured goods fell 0.7%. However, the week’s news wasn’t all bad. The U.S. foreign trade gap narrowed to $39 billion in November from $42.2 billion in October. The ADP Jobs Report showed the private sector added 241,000 net positions in December, exceeding November’s addition of 227,000.
Our experts agree with one listener’s desire to establish a Roth IRA for his nephew who began working last year. Director of Research, Troy Harmon, CFA, and Dr. Gene Henssler also discuss two bank stocks that boast high dividends.
This week on Money Talks, Dr. Gene is joined by Bil Lako, CFP®, Matt Hames, CTFA, and Research Analyst Nick Antonucci, to recap 2014 and look ahead to 2015. The Henssler experts also discuss a case study of a family that is dealing with the curveball of a serious illness that changed their priorities. We also address listener question on Motif Investing, Bunge Limited, Mosaic Co. and donor-advised funds and family foundations.
Our experts discuss the difference between a donor-advised fund and a family foundation for families who want to establish a legacy of charitable giving.