17 Burst results for "Andy Smith"

"andy smith" Discussed on WWL

WWL

08:24 min | 2 years ago

"andy smith" Discussed on WWL

"Andy Smith earlier, we were talking about how the stock market recently reached new all-time highs, and in particular there were notable new highs for the S and P five hundred and the Dow and now by coincidence, apple and Amazon, those two trillion dollar heavyweights. They also made new all-time highs really is one of those interesting moments where everything seems to be coming up roses in the financial world. But when it comes to the real world, if feels a little more uncertain, especially when you look at politics here at home or the geopolitical situation across the world, and especially for those folks who are just joining us, it's because of two specific geopolitical risk. Folks, that we have a limited time offer for you at investingsensEcom, Andy this offer is pretty well timed, right? And so, you know, remember our Financial Engines research center made some adjustments to client portfolios, and it's because we wanted to adapt and prepare for some changing market conditions that we think could become an at us. So we want to help keep our clients position to benefit from this nine year bull market, but we want to do it in a way. That's that smart in dynamic. You know? And so really we wanted to extend this actionable information, these ideas, these plans to more Americans, especially you who are close to retirement or in retirement, because I don't know the last thing that you wanna do is you near retirement, or is, you know, you've stopped working and are living out the the best days of your life. It's to take excessive risk risk that we've been talking about trade wars and interest rates, and I tell you even though these all-time highs feel great I'm seeing a lot of portfolios listeners, I'm talking with listeners, and I'm seeing investments or accounts with growing concentrated stock risk. All of these reasons, this is why we're running a limited time offer at investingsense dot com for that free portfolio review. So really get there. Now investingsensEcom claim your spot receive our latest guidance and investment recommendations because there's some things that that you really do need to be getting ready for now we have. Someone joining us who at least in our minds is one of the smartest guys in the country. When it comes to macro-economics, it's Dan Lufkin. He's the chief investment officer at trend macrobiotics, Andy he's good friend of yours. You recently talked with Don about the trade wars with an emphasis on China. And you also talked about interest rates, especially as it relates to Jerome Powell and the Federal Reserve in so Andy and Don covered a lot of information. So if you need to hear this again, just get to investingsense dot com, and you can hear their entire conversation again. So this is where we pick up the conversation with Andy. And Don, Don, thanks as always for joining us. I'd like to start first with what's going on right now with China, the trade war, or whatever kind of hyperbole that the media's kind of using right now, how are you looking at this tit for tat trade war who I mean who would be the ultimate winner as this progresses knowing that there's not a lot of. Dry powder laughed on China's side, you know, what would Trump's all in move be at this point. What happens past this point? Well, the all end moves already been made actually Trump announced that he was setting the Commerce Department, and you know, the treasury Australia Representative to drop plans for terracing, another two hundred billion goods and services and that number loan two hundred billion. But certainly in addition to the terrorists that are already been put place means we'll be putting new higher tariffs on a greater amount of Chinese merchandise than there even is in total in American merchandise today by were simply putting more chips under the table to use the poker metaphor, right? Even have on the table. Okay. So that's that. So the only the only question now is how do you save face? Trump is he's obviously a master negotiator say what you will about various aspects of them, but you obviously very successful shooter. And when you're in this position, and you're a master negotiator. When you know, you just simply got the other. Guy. You're not gonna accept this. I offer China's already made its first offered a second offer. And Trump just keeps saying, no, no, I want more a lot more. I want more. I want more. Are you warming? Are you warming a little bit more to Powell at one point you you felt comfortable with letting him walk your dog? But maybe not much else is your opinion. Or is your estimate of Powell changing as these kind of additional statements in in directions, come out. I don't think Powell's ever going to change in order for him to meet my needs. You'd have to go back to college. Get a degree in comics instead of the one in law that he has. And and what that would do that would enable him to have a deeper more sophisticated understanding of the theoretical underpinnings of what he does number one and number two to speak the language of Wall Street. I to really focus your your your audience on the real issue with him that makes him such an unusual fed chairman. You know, I'm generally a supporter of Trump's economic policies. But I think Trump made a mistake in the the way that he chose to sped share. I believe that Trump chose dispatcher because he would be politically loyal, and you remember Trump got himself a lot of trouble by supposedly asking former FBI had Komi. Will you be loyal to me? Will you be loyal to me? Right. Lots of evidence. He asked the same question to all the people who's gonna he was interesting. And you know, some of them have written about that experience. And I think Powell among all the candidates was the one who said, yes, sir. And so he got the job whether a sensible qualifications, how far back do we have to go to find somebody like Powell in terms of you know, that sort of relationship with an administration? Yes. Well, sadly, you have to go back to the late seventy s during the presidency to mccarter Carter had the honor of both hiring. And then fifteen months later firing g William Miller. Absolutely. The worst pitcher in the world economist also politically loyal and the guy who's responsible for the great hyper inflation of the seventies and early eighties. So, you know, I'm not saying this in order to get people to fear. It's going to get out of control. Quite the contrary. I'm I'm I'm saying this people won't think that Powell is some kind of wounded hawk who's who's gonna come in and say, well, you know, you need to take your medicine we need to have a good reception. Shakeout inflation. He's just not that guy. Don, as always, you're awesome. Thanks for taking some time here. I appreciate the appreciate it have a good weekend. Right, brother. Thanks, man. Andy, I love the way your friend, Dan Lufkin. He just has a way of cutting through the noise and telling it like he sees it as best. I love the way he thinks about China and the trade wars in by the way, if you'd like to hear that conversation again, you'll find it at investingsense dot com. And why I wanted to talk with Don about drum Powell and the fed. I mean, they're set to meet next week. Right. And it's expected that they're going to hike interest rates despite the worries over the trade wars end, you know, some market watchers think that the fed might be acting too aggressively. Others think rates should be higher. It's been interesting to watch. What what rates have done here of the last couple of days. But in the meantime, you know, we're trying to control what we can. And which means we are trying to control for interest rate risk anytime. We talk about interest rate risk. It's very closely related to the risk of inflation. I love the way that you've explained inflation here on the show before you have suggested that we think about inflation by putting a negative. Sign in front of it. You know, for example, the long term average historical inflation rate is about three percent. Yup. So subtract that from your returns in that is your real return after inflation? So, you know, think about it? Okay. Inflation could return to its long-term average of three percent. So you put a minus sign in front of that three percent. You start to realize there is a huge risk of you running out of money in retirement. And I don't know about you. But being old and broke is not an ideal retired not a good plan. So if you're listening, and you're thinking, I have not planned for inflation in my portfolio. We have helped today to reduce the risk of running out of money in retirement. And this is.

Jerome Powell Trump China Andy Smith Don Federal Reserve Dan Lufkin chief investment officer Commerce Department apple FBI Amazon William Miller treasury Australia Representat Carter
"andy smith" Discussed on KOA 850 AM

KOA 850 AM

02:25 min | 2 years ago

"andy smith" Discussed on KOA 850 AM

"Smith I'm Bob Richardson the guy standing next. To me who's impressive credentials you just heard about Andy Smith flatter me well Andy is here so that throughout the show, when you have questions about your investments or reaching the goal of retirement please ask Andy just shoot him a quick. Email yeah ask Andy at investingsense dot com we'll keep an eye on the inbox there throughout the show but ask Andy at investingsense dot com a little bit later in the show Bill Tracy. From the Financial Engines research center will be joining. Us and getting Peek ahead at the charts. That he's, already posted at investingsense.com things are looking pretty good across. The markets they are Andy also later on in. The, show I know. You have another friend. Of yours who will be joining us in that friend. Has answered the question, now what. I know well first of all big surprise that I've got so many friends who. Are actually willing to talk on radio right, but, you know a few weeks ago we. Debuted a series on the show and it's, that collection of interviews right telling the stories. Of, Americans and. Their at various, stages of the retirement game so Bob's talking about. Later you'll hear from Jamie and. Mary and. They're, going to share their story and advice on how they found their own personal freedom their own financial independence but that's, here in a, little bit in these conversations about. How, many Americans are ready to retire. I mean this isn't something that we're pulling out of thin, air this is the convergence of a. Couple of trends first plain and simple Americans are getting older ten thousand. Of us are turning sixty five every day And the. Second piece is the nine year bull market it is a, little? Mind blowing the, amount of wealth that, continues to build in this bull market but going back to the subject, of how many Americans are reaching retirement age it seems like this is a pretty. Good time because wealth is, up in it is kind of, like the aging cycle and the business cycle have aligned especially over the past ten years yeah, I always think that. It's fascinating how these demographic cycles lineup like this so you know you're you're nodding your head right. Now because, this sounds like you please you gotta take some steps. Here to try to protect what you've earned now. This, might include taking. A little bit different. Tack with your savings it might include moving your investments You know from gross or accumulation stance into. More of like a preserve protect generate income direction? But before you.

Andy Smith Bob Richardson Financial Engines research cen Bill Tracy Jamie Mary nine year ten years
"andy smith" Discussed on WWL

WWL

03:53 min | 2 years ago

"andy smith" Discussed on WWL

"Hampshire survey center Andy Smith and let me read you a text message kinda shows you just the mood of a lot. Of the audience twenty eighteen and we're still, talking blocked and light if we stopped talking about black and. White maybe folks will have nothing to, talk about shame on us but if you don't talk about it you never going to solve the problems I think that's the quandary. That we're in I think that really reflects. What's going on and it's it's kind of a I it's it's. Interesting I was as we're waiting I was looking at some old Gallup data and they have. A question that they've, been asking going back to two thousand or so how, would, you, say relations between whites and blacks are very good somewhat good summit bad or very. Bad and, the decline has the big decline wasn't during the Trump era it was during the Obama era as president so this is something that I think is has been. Going on it's been certainly it's something that, the the the media light because it makes great media fodder. And then I frankly think that a, lot of these groups in Charlotte Charlottesville Were really just taking advantage of knowing that the media is going to cover them so the the hype things up more in, the mortgage hyped, up in the more people get concerned about this sort of stuff so some of it. I think is generated by the press the. Which relates a bit to the what the your your your caller. Texted in well with a sixty one percent of Americans saying that the racial tensions have increased. Over the past, year how do you think that will affect the midterm elections Well a midterm, elections are all about getting your party's base to turn out because overall turnout goes down significantly, midterms and I think what you're going to see, is that democratic base? Part in, particular African American tennis panics who tend first off? African, Americans overwhelmingly vote democratic. And and, Hispanics have been trending more and more to vote democratic they're likely to get out and vote and it's likely to hurt Republicans so it is something that I think that the more. We see and hear about racial tensions the more that's gonna favor Democrats in the election in the fall just because they're going. To get their their base voters more concerned in wanting to get out and vote what do these polls if anything, say about how the president's? Always, attacking sports figures, well that's an interesting one there's a they had a question in here about whether, you approve or disapprove of of Trump's attacking sports figures In this, to me is a little bit on you a, little bit bad because? It it, it's so much race as it is just a? Another, issue but it gets. Lumped into, this race question sixty eight percent of Americans say they dislike it when Donald Trump attacks sports figures Is that Republicans and Democrats are mainly Republicans no it it it again it's split so ninety three percent of, Democrats say they dislike it when Trump tax sports. Figures only thirty five percent. Of Republicans do. Sixty five percent of Republicans say, they like get again this, is that same sort of divide that we've been seen on, whole host of issues where people were lining up behind their party and. I think it's more, party than Donald Trump it's like a sports teams you attack mice I'm. Gonna. Defend my sports team whether they're good or bad. Or if I. Like him or not because. They're my. Team and I think that's what we're seeing with this kind of question. Here if Trump does something. Democrats are going to dislike it. And Republicans are going. To defend it Andy thank you for being on the show this morning always a pleasure good to talk. To you all right that was Andy Smith director of the, university of New Hampshire survey center it's. Just about. Eight thirty that means it's time for David Blake and more WWL, first news From our.

Donald Trump Andy Smith president Obama Charlotte Charlottesville David Blake New Hampshire director ninety three percent sixty eight percent thirty five percent Sixty five percent sixty one percent
"andy smith" Discussed on WRVA

WRVA

03:54 min | 2 years ago

"andy smith" Discussed on WRVA

"The studio again with the guy standing next to be Andy Smith if at any point during the show today you have question or you hear something that. Piques your interest well this is an open. Invitation to send Andy that question just just Email. Andy for help Absolutely so the dresses ask Andy. At, investingsense.com reach, out we'd love to hear from you but really questions comments anything that you want ask Andy at investingsense dot. We have a lot to get to today on the show where we do though Andy I know that. You, traditionally like a kind of low key old school type. Weekend with you and your family Any big plans. No. That's the nice thing so it's a it's a kind of a. Great weekend here can get the kids out let him play hey let us know where. You are come, back. For dinner and we'll, kind of. Very nice very old school yes well as summer rolls along after a few bumps. In the road this year the markets they're. Looking pretty, good absolutely. So you know a lot. Of client meetings here this past week second quarter statements are out people wanna know kind of where. Things are, where we're, seeing it's. Pretty good right douse back above. Twenty five thousand you got the the the NASDAQ at, all time highs or near all time. Highs. You've got the Russell two thousand all-time highs you. Know there's some there's some concern, right now people want. To know what we're tracking with the with the. Tariffs with the China trade war issues China's stabilizing you know they were there, was. A, period of time we talked about this with Don Lakhan and you know Chinese equities are bare market know US doc aren't the markets kind of showing what is what is there and who they're seeing as the the potential winners here of this if this trade were going forward so despite that negatively despite you know kind of you know these these diversions here from what we are seeing there is a pretty big disconnect between the media's kind of wailing and gnashing of teeth in the news headlines and what's happening in the markets right now well in fact when it comes to your last point about the trade war which bill tracy from the financial engines research center is going to join us later in the show for a deeper dive to explain what you might need to consider plus the you mentioned dan lufkin he's your friend who's a chief investment officer he is going to join us later in the show also to talk about the trade war but i john has taken us up on our offer to email questions again shoot your questions to our inbox it ask andy at investingsense dot com and john rights do you think apple stock symbol a._p. l. will Fall after the, company's earnings report boy solid question. Right off the bat good good job on that John. Let's let me hop onto Yawkey finance real quick Yeah okay so John thing about this, first of all who knows okay. Second, of all there's thirty. To. Wall Street analysts who are covering apple right now So these are thirty two, people who are working sixty seventy. Eighty hours a week studying ipads iphones. Apple stores, factories suppliers everything, apple okay and they spend tons of money researching? Apple there's no. Way for, the normal do it yourself mortal to compete here I mean, even these analysts these thirty two analysts don't get earnings predictions. Right all the, time for example there's this range of q. two estimates for, apple right now, earnings per share between two dollars ten. And two, dollars forty in other words even some of these professional sixty seventy eighty hours a week you know, analysts these analysts could end up being wrong you know I'm kind of sensing that John's a. Little, nervous because. He ask you if the stock might fall which. Leads to the possibility that maybe. He's. Trying to time a sale before the stock, drop okay? Fair..

Andy Smith apple John dan lufkin China US Don Lakhan chief investment officer bill tracy Yawkey finance sixty seventy eighty hours Eighty hours two dollars
"andy smith" Discussed on WTVN

WTVN

03:27 min | 2 years ago

"andy smith" Discussed on WTVN

"Professional Andy Smith in just a few moments Andy Smith will dive deep. Into this week's portfolio review I it's great to welcome Bill Tracy back to the show Milas senior investment. Analyst in the Financial Engines research center and first of all he's super smart what's nice about talking to Bill is that he, he's smart but he can talk about Things in a way that's approachable. That's, understandable right and, he's got these cool charts that you can. That you can use to help visualize what he's talking about we, post all, those charts to investingsense.com head there now as, we, get started, with Bill, among, all, of the, credentials that Bill has he's also a CFA charter holder and, that makes him a kind of an expert in the economy? Markets and investments so, built where we'd like to start our conversation, is with a topic that we've been talking a lot here. On the show and it has been making headlines and. That is the trade war with, China what's your latest update their things Bobby no certainly this. Story is not going away anytime soon fund. Managers continue to see this trade war between the US. And, China has the biggest tail risk for markets and each week we seem to add another twist to the saga. So we had kind, of two new. Issues pop up this week on a one front, we had, auto tariffs the US imports More than two hundred billion in cars and another one hundred. Fifty billion in auto parts annually so any tariffs. On, in the auto industry could have a substantial impact and then later later in, the week we got the news, again from President Trump that he's okay putting tariffs on all five hundred plus billion in goods that are imported from China. So we continue to see these threats pop up right now we've just got that first, thirty four billion or so interiors that have actually been implemented but you know. As we've learned hopefully have learned by? Now, that the anything that we hear from President. Trump. On on trade is not just an empty threat that should be that should be dismissed right so we we follow angel uperior who's the head of US policy research over at. Cornerstone macro he's been pretty consistent in his take that any trade talk from Trump is. Going to be should be taken seriously Are we seeing any market reaction to the trade war when you get to a more granular even sector specific. Level yeah so when we're looking at the s p five hundred kind. Of taking it down like you said, to the sector level we've got industrials one of the weakest, sectors since early April and early APRIL's really kind of on the ball got rolling. On this whole escalating trade talk I think it was April. Third and you had the US trade reps releasing that first list of proposed tariffs on. China so the, industrial sector you, can break it down into three further groups you've got the capital goods professional services and transportation we've seen those capital goods group a lot of machinery companies actually in, particular? That have, have lagged the most so Bill we spend a lot of our conversation focused on. The equity markets and that's important. But let's switch to fixed income what's going on there what do you see there Yeah, you don't think about our previous. Conversations we do kind? Of tend to overlook bonds I'm a big live, music fan you know, it's summer. Concert season so if equities are a Jimmy Buffett concert. A, bunch of drunk parrot heads I know. I know you're out there Bob every summer Patheticness. Big buffet fan all right so you know he's he's the party guy the, equity so bonds probably more like an evening at. The symphony right nothing nothing too exciting but still a lot, of substance so when, we're looking at, what's working now in the bond markets this year it's all about, the credit, risk in short duration so would that means you know those blow investment grade issues the high yield bonds floating rate loans?.

Bill Tracy US China Trump Andy Smith President Jimmy Buffett Milas Financial Engines research cen Analyst Bill Bob Bobby professional services
"andy smith" Discussed on WLS-AM 890

WLS-AM 890

04:27 min | 2 years ago

"andy smith" Discussed on WLS-AM 890

"Be in the studio again with the guy standing next to the Andy Smith if at any point during the show today you have a, question or you hear something that Piques your interest well this is an open invitation to send Andy that question just. Just Email Andy for help address absolutely so the dresses ask Andy at investingsense.com reach out we'd love to hear from you but, really questions comments anything that you want ask Andy at investing. Sense we have a lot to get to today. On the show We do though Andy. I know that you traditionally like a kind of. Low key old school type weekend with you and your family Any, big, plans no that's the nice thing. So it's kind of a great weekend here can I get. The, kids out let him play hey let us know where you are come back for dinner and we'll kind of Very nice very old school yes well as summer rolls along after a few bumps. In the road, this? Year the markets they're, looking pretty. Good absolutely so you know a lot of client meetings here this past week. Second quarter statements are out people wanna know. Kind of, where things. Are where we're seeing it's. Pretty good right douse back above twenty five thousand you got the the the NASDAQ at all time highs near all time. Highs you've got the Russell two. Thousand all-time highs you know there's some, there's some concern, right now people want to know what we're tracking. With the with the tariffs with the China trade war issues China's stabilizing they were there was a period of time we talked. About this with Donald skin. And you know Chinese equities are? In, a bear market US. Stocks aren't the markets kind of showing what. Is what is there and who? They're seeing as. The, the potential winners here of this. This trade were going forward so despite that Negatively. Despite you know kind of you know these these. Diversions here. From what we. Are. Seeing, there's a pretty big disconnect between the media's kind of wailing and gnashing, of teeth, in the news headlines. And. What's happening in the markets right now well in in fact when. It comes to your last point about the trade war with China Bill Tracy from the. Financial Engines research, center? Is gonna join us, later in. The show for a deeper dive to explain what you might need to consider. Plus the you mentioned Dan Lufkin he's your. Friend who's, a chief. Investment officer he is going. To join us later in the show also to talk about the trade war but I John has taken us up on. Our offer to Email questions again. Shoot your questions to our inbox it, ask Andy at, investingsense.com and John rights do you think apple stock. Symbol AP l. will fall after the company's earnings report boy solid question right off the bat good good job on John let's. Let me hop onto your. Finance real quick Yeah okay so John thing about this? First, of all who knows okay second. Of, all there's thirty to. Wall Street analysts who are covering apple right now So these are thirty two, people who are working sixty seventy. Eighty hours a week studying ipads iphones. Apple stores, factories suppliers everything, apple okay and they spend tons of money researching? Apple there's no. Way for, the normal do it yourself mortal to compete here I mean, even these analysts these thirty two analysts don't get earnings predictions. Right all the, time for example there's this range of q. two estimates for apple. Right now earnings per share between two. Dollars ten, and two dollars forty in other words even some of these professional sixty seventy eighty hours a week, analysts these analysts could end up being wrong you know I'm kind of sensing that John's a. Little, nervous because. He ask you if the stock might fall which. Leads to the possibility that maybe. He's. Trying to time a sale before the stock, drop okay? Fair. Enough let's give, John the benefit of the doubt though and let's say that he Does no apple inside and out he's done his homework on earnings and in. This, situation will. Say that he's right fifty percent of the time. With his predictions all right He's. Still gonna probably fall behind the overall return on apple, over time because every time you buy and sell you're you're paying commissions and those commissions absolutely add up over time but to your point about, about this nervousness to me that could be pretty..

Andy Smith apple John Dan Lufkin China US Donald officer AP Bill Tracy sixty seventy eighty hours fifty percent Eighty hours two dollars
"andy smith" Discussed on 600 WREC

600 WREC

03:14 min | 2 years ago

"andy smith" Discussed on 600 WREC

"Emails now hosts bob richards and nationally recognized certified financial planner professional andy smith like a lot of americans across the country andy smith and i are taking our summer vacations with our families so over the next hour you'll hear highlights from our shows over the past couple of months of weekends like this in the yard especially working on home projects in general and i also like tinkering around home improvement projects and that brings us to an email from bruce bruce thinking about using money from his ira in kind of a funky way to pay for a fix up on his roof and bruce emailed that question to us at ask andy at investingsense dot com and by the way you can email your questions to that same address so here is bruce's question bruce's not asking for any horticulture tips from me you know this area of expertise seed so bruce asked i heard something about converting ira funds into a roth without paying any taxes or penalties can you explain the process i need to re shingle my roof and i would like to use roth ira funds to avoid having an income increase therefore paying more in taxes that year what's your advice bruce thanks for calling there is no penalty involved but you would need to fork over some money for taxes and here's why when you convert traditional ira assets to roth ira assets like this it's it's considered a distribution in the eyes of the irs meaning money is quote unquote leaving the account even though you are just moving the money to another retirement account okay pretax posttax so when you convert this distribution will actually be treated as ordinary income which is exactly what you're trying to avoid right so there's there's probably a better way to fund your project than simply converting any traditional ira assets because this is a little bit more complicated than than what we have time here for on the show standby real quick i'm going to shoot you an email with some more and then we can go from there you know when it comes to ira's whether traditional or roth along with employer sponsored retirement plans like 401k's and four zero three bs they really are the future of retirement in this country but there's still some americans fortunate enough to be receiving a pension and that's what oscar in california is calling us about now by the way if you have a question indies here to answer that at eight eight eight eight three three eight six three seven so oscar how can we help so i basically i have i'm not retired but i'm destined for a pension with the university of california and i've had a couple of folks call me you know keep the pension or cash apache now once you reach age fifty and take that money and put it to another account i if you have a pension in today's time is it better to keep it versus you know getting a lump sum and putting out to a different account that's what about your question oscar thanks for calling really i get it okay the thing that i want you to remember is even though this is a binary decision right pension or a lump sum.

bob richards andy smith 401k
"andy smith" Discussed on WTMJ 620

WTMJ 620

01:46 min | 2 years ago

"andy smith" Discussed on WTMJ 620

"Calls and emails and now hosts bob richards and nationally recognized certified financial planner professional andy smith andy i'd like to start the show by asking today's first question today is may nineteenth aired saturday of the month yes what does that make today it's armed forces qualifying weekend's big month here and indianapolis and speedway preparing for the indianapolis five hundred later this month but this weekend it's really a nice way for the rest of us to say thank you to the men and women who serve in the united states armed forces right now we are so grateful to those who serve and protect us and there's a lot to be grateful about this weekend i mean let let's get to the stock market is booming like the flowers in my backyard it it continues to look good as we move our way through earning season and mr smith i've got to give you props again and the props that you deserve because back on april fourteenth on that show you said that it's gonna come down to the key one earning season in you're expecting positive news go to investingsense dot com just click on the april fourteenth show and first of all thank you you really sometimes it's better to be lucky than good but these positive earnings they have propelled smallcap stocks to new alltime highs last week and really since february eleventh about the time remember that the trade scuffle with china reached its critical mass you know small caps were up by more than what like eight percent largecaps were up by about four percent well joining us now one of our favorites from the financial engines research center it's bill tracy he's a senior investment analyst and a cfo charter holder and bill we'd like to start by asking you about the.

bob richards andy smith united states china investment analyst indianapolis mr smith cfo eight percent four percent
"andy smith" Discussed on WTMJ 620

WTMJ 620

02:30 min | 2 years ago

"andy smith" Discussed on WTMJ 620

"Hero receiving the lifesaving gift of a new kidney has been a blessing and i hope to continue to give my donors life purpose give hope to other patients today by donating blood brian eckert with financial engines here in the milwaukee and appleton area are you ready to what what your learning and today's investing sense show into action in your life i'm ready to help visiting us incense dot com so we can get started today do you have the expertise of thirty phd's and cfa charter holders backing your financial plan we do go to investingsense dot com to find one of our financial engines advisors in your area and now back to financial engines investing sense with your host bob richards and nationally recognized certified financial planner professional andy smith a few moments ago we use that nasty word annuity and it caused richard to shoot us an email he said it to us at investingsense investingsensecom richard sent a link to an article with the following headline a smart and simple way to get guaranteed income in retirement and richard adds to that link thought you would appreciate this appreciate your rebuttal rebuttal so there's that magic word guarantee truth is there's not much of a guarantee left with these annuities after you subtract fees after you subtract other expenses with the contracts after you subtract taxes that could eventually be due at the time of death you know the truth is these annuities are only good for the people selling them to you not for you guys bynum to me really there's only a very select set of circumstances where i think they even would ever make sense number one if you're elderly and have literally no one else to help take care of you or if you have a special needs child and you're trying to plan for a wealth life after you're gone that is a great lead into our next guest jeff cleaver jeff is a senior vice president for financial engines in saint louis and jeff was approached by a couple named bill and edith with problem they owned a couple of new at that they have been sold but they really did didn't understand why they own them and that's where jeff made a discovery he dug in and he helped bill put together a much better plan for edith's future and that's where.

brian eckert milwaukee bob richards andy smith richard senior vice president saint louis edith appleton cfa bynum jeff cleaver bill
"andy smith" Discussed on WTMJ 620

WTMJ 620

01:51 min | 2 years ago

"andy smith" Discussed on WTMJ 620

"Get over to investingsensecom type zip set time to meet with a local adviser because we can help and we can talk about some changes that could help you sleep more easily could help you stay on track and could help keep emotion out of your money and out of your investments coming up next on the show bill tracy returns andy just mentioned the financial engines research center will bill is in the financial engines research center and he really is one of the smartest guys in the room when it comes to analysing the markets in while bill is with us he'll be referring to different charts of data that he analyzes we have those charts available for you to follow along with go to investingsense dot com scroll down and click on checkout recent shows and just click on today's show you'll find bills charts there and you'll be set to review them while bill is doing that with us next here on financial engines investing sense andy smith is a certified financial planner professional who's worked with investors for over fifteen years and featured in the wall street journal fox business and nbc news that's a major street crack if you want to put andy's expertise to the test email at ask andy investingsense dot com royal dairyland wisconsin rains her leno's king ru pizza who claims the throne with the deliciously decadent idea she was inspired his courageous revelation or was it just today calling from on high thing palermo's king tease ruler of pizza loaded with a half pound of real wisconsin cheese truly royal taste now available in the frozen kingdom of your local grocery market this is jeff wagner for cray.

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"andy smith" Discussed on KSFO-AM

KSFO-AM

01:57 min | 3 years ago

"andy smith" Discussed on KSFO-AM

"Planner andy smith just a few minutes we'll be talking with a couple were traveling around the world is no man's retirement what you're doing is really interesting well that's coming up first kristen is calling from new york had eight eight three three eight six three seven with a question about spousal benefits and social security kristen how can we help i was collecting fsi after divorce i was married for twenty three years so when my ex husband died social security started sending me his social security check and now i'm gonna be sixty two on december twenty third and i'm wondering if retirement hosting retirement check would be more than just kidding divorced spouse okay so the way that social security works is that you're you will always get the larger of or the largest of any possible benefits that you're eligible for what the social security system is going to do is that it's going to check any possible amount that you would ever be able to receive it's very similar to what you saw with divorced spouse versus divorced widower benefits what i would encourage you to do is if you go out to s s a dot gov you can find the location close to you and schedule an appointment and i would walk them through kind of this is the situation that that they have they'll be able to pull up all of the benefit history in front of them and then based on what those numbers are you'll be able to know and at least understand which one is is going to be better for you you know to to have or which one's going to be coming to you here the rest of your life but i would start by getting s s dot gov schedule that appointment.

andy smith kristen new york twenty three years
"andy smith" Discussed on WTMJ 620

WTMJ 620

01:40 min | 3 years ago

"andy smith" Discussed on WTMJ 620

"An hour they're like index funds her annuities it'll make some people think that having a robot playing their financial future is a good idea you gotta be really careful about who you are working with right now because there are legions of brokers who have never negotiated a rising interest rate environment they have never seen a bear market and stocks there's all these insurance brokers who are preying on your fear and they're selling you've totally inappropriate annuities that could totally blow up your longterm plans in a rising rate market there are these yet crackpot talking heads who will go on any television show who have them and there spouting these doom inducing market calls that make no sense just you know to seize the opportunity that the market is giving you right now they're like what buffett was talking about you gotta do things in a reasonable and responsible way this means you got a measure and manage your risk so if you need some help from a professional someone who has experience in a lot of different types of market environment not just rising bull markets i encourage you to get that helped get to investingsensecom typing your zip code find time to meet with the local adviser who can build you a personal ice plan to help take some of this in a worry in and volatility out of the future and while you're at investingsensecom you'll find the historical charts that show the market drops in recovery's over the past seven years and that will help give you context to what we've been seeing here over the past few weeks and again as anti said while you're there at investingsensecom just type in your zip code that will connect you to a local adviser who can help you put your plan together let wraps up the show this week for andy smith i'm bob richards we hope you.

buffett bob richards andy smith seven years
"andy smith" Discussed on KOA 850 AM

KOA 850 AM

02:15 min | 3 years ago

"andy smith" Discussed on KOA 850 AM

"Planner andy smith eight that time of the year when we have our focus on two horizons one focuses on the past we look at our returns for 2017 and lot a lot of us those look pretty good and then we have our other focus on the future and we start paying attention to what you know what experts are saying what the media is predicting for the coming year yeah so i mean in my meetings with with my financial engines clients were taking a look back as we look forward into 2018 now i want you to tennis stop i want you to be very careful about something when you listen to all of these predictions and pragmatic ations especially from the pundits in the financial media if there is one thing that i've learned this year it's that fake news is not just for politics ban it is it is rampant in the stock market you could destroy troy your portfolio if you are swayed by all of these misguided opinions that are out there well when it comes to predictions it's always fund this time of the year to look back at the beginning of 2017 and and looking at those predictions that i remember how the year began so much uncertainty about president trump's inauguration his administration and in fact i saved the story from bloomberg and andy get alluded yeah this is a headline from bloomberg around the beginning of trump's in minutes uh administration and it says be prepared for a bear market scenario than than right under that the subtitle regardless of what trump does a downturn is coming there you go uh when was when was that story public it was it's right after trump's inauguration so the first week of february yep february sixth is the published a nisa has at work working out so uh you know here we are eleven months later he listen to the returns across markets through december eight get the sp 500 up eighteen percent you've got the dow industrials up 23 percent you've got the nasdaq composite up twenty six percent but oh my gosh according to the financial media it's basically been impossible to achieve these returns that i just read to you i got f i'm sorry i got a huge problem with all these pundits they are they are not accountable to their audience they dole out all of.

andy smith stock market trump bloomberg dow industrials tennis president nasdaq twenty six percent eighteen percent eleven months 23 percent
"andy smith" Discussed on WLS-AM 890

WLS-AM 890

01:58 min | 3 years ago

"andy smith" Discussed on WLS-AM 890

"How to uh to increase the a worth of europe portfolio that leads us to a andy smith wants talks about the pending tax reform and how that may factor into our investments anti welcome into the show yeah good morning thanks for having me in and really what can we do right now let's say you know we're waking up we're looking at our or four ones in our our ross and everything were doing and and and we've been on a roll lately i would expect this gotta end sometime but how can we be proactive on this right now well you need to be running some different what if scenarios with your adviser based on what might be happening with tax reform between now and the end of the year or into 2018 amine you look at what happened with the senate passing the budget reconciliation who just now requires a simple majority to push tax reform through uh house did the same thing simple majority is is required but you know your adviser you should be going over what's going to happen if your tax bracket changes what's going to happen if you have more money in your budget what's going to happen if the stock market does this this or this based on what happens out of this reform package these are the things that you really need to be focusing on not necessarily on my gosh the house did this the senate the deaths what do i need to be doing in my 401 k right now this is not investment related it's more ten twenty thirty year plan related uh when it comes down to what what's going to happen with your financing on the prison is we're not contest the 401 k that all false back on if you're technet tax reform in deductions and inviting you talking about the middle class or where you fall on all that even if they change the to a threetier system it deductions are a big part of it yeah they're deductions are a big part of it you look at what would happen if if we double the standard deduction we enhance the child tax credit and we change the mortgage deduction or you talk about the 401 k mean this was just a huge it was just a huge mess rights and so trump comes out as populism starts to really come to the forefront and.

andy smith ross senate stock market the house tax credit europe uh house technet 401 k ten twenty thirty year
"andy smith" Discussed on WWL

WWL

02:05 min | 3 years ago

"andy smith" Discussed on WWL

"Planner andy smith reminder again about a fund little game were playing during the show andy is working in either movie titles movie quotes references to his favorite movies about america seven total and if it make sure to keep track of those the first five people that email those movie titles to us i 5 will each win one hundred dollar amazon gift cards at sauce so andy i when it comes to fourth of july and and america i'm not sure if there's anything for him barrick and then the social security administration i'm sorry lee greenwood die forever forgive me from above said but yes social security and that's where it's it right and that's where it is a big increase for them they're given us more money it was announced recently that the expected increase this octo kebir is two percent to for ele so it's twopercent there is no increase in 2016 remember there is a point three zero percent increase in 2017 so let me to put this in perspective if your average social security benefit is thirteen hundred sixty dollars per month at two percent raise gives you a whopping readiness 20sec seven dollars per month and that's not that much lee great something's as head yeah it's something did something but you know that money already spent eight spent on higher medicare premiums for most medicare beneficiaries medicare part b is our did is already deducted from social security so any increase in your colon at cost of living adjustment means a higher part b program cost nothing is free in the in in the united states you gotta have a plan other than relying on social security to get your way through retirement the problem is almost half of americans rely 100 percent on their social security for one hundred percent of their retirement income these medicare premiums they're out pacing social security total health care costs could top four hundred grand these costs are a huge deal you gotta talk with somebody and get some help bill pullman didn't do it alone right at asian judd hersh will smith god love jeff goldblum i mean you've got to have a team behind you we've got one hundred and fifty financial advisers across the country this is what we do we've.

barrick lee greenwood social security united states bill pullman judd hersh jeff goldblum andy smith america amazon two percent thirteen hundred sixty dollars one hundred percent one hundred dollar three zero percent seven dollars 100 percent twopercent 20sec
"andy smith" Discussed on WPRO 630AM

WPRO 630AM

02:19 min | 3 years ago

"andy smith" Discussed on WPRO 630AM

"Financial engines investing sense and bob richards along with andy smith idiot like to start the show was something that we talked about it was about a month ago in its in investing strategy that you talked about called selin may and go away now you did not recommend at strata i did in hopefully people who are listening didn't go away because there has been a ton of activity in the market so far this summer and especially in tech stocks with a bite yes fang stocks probably the most death metal acronym in the entire financial services industry abbott huge huge runrate anfang is f a n g f as in facebook a amazon and netflixing i bet everybody listening hours figured out g is for gugel buddy andy some volatility in the thing sector recently why do you think that is law i think it's been volatile because i mean it's this group of stocks is more and more influential just throughout the market in general right market capture growing lots of stuff going on here we actually put together kind of a mini index of these fang starts in a charity get out to investingsensecom scroll down a little bit to check out the recent shows you can check today's show any pasho but we've posted this chart right of these fang stocks you can see for yourself you can see the rally you can see the recent volatility but these stocks have a huge influence on the broader market like the s p five hundred like the nasdaq and yeah they've been strong performers at least up through a few weeks ago they've been downgraded by goldman due to some valuation worries and it's because of this look if the economy grows faster than the fed would theoretically hike rates more and valuations could drop on the other hand if the economy slows then valuations could also dropped so did it there's no good way out of this depending meanwhile a depending upon how you look at so with what you just described are you a seller of fang stocks of textile maybe here's how to think about tech right now you're going to see some sharp corrections that would occur in the context of bull markets all right you got to try to see past any of those corrections internet shortterm fear but i would say if you are overweight tack and a lot.

facebook amazon nasdaq goldman fed bob richards andy smith death metal financial services
"andy smith" Discussed on WPRO 630AM

WPRO 630AM

01:47 min | 3 years ago

"andy smith" Discussed on WPRO 630AM

"Sense with bob richards and nationally recognized certified financial planner andy smith this is so important that i'm sure and repeated again earlier in the show we talked about the list of the top scams targeting be elderly it also how to target and i are s impostor scam will we have that complete list for you at investingsensecom we just can't emphasize how important this is to make sure that you read through the list and that your family is protected tin no one's surprise the fed raised interest rates earlier this week anti the reason by a quarter percent so shortterm rates are now targeted atta percent to one point two five so that was pretty clear anti what else stood out to you a couple things stood out of a one investors called this a dovish rate eight high because the expectations for the future hikes actually fell so that and then number two the fed said that that it would start unwinding it's it's massive balance sheet but it didn't specify win so we're looking at maybe one more hike later this year there could be some other domino's that kind of come into this but the fed is is really take in a waitandsee approach and the economy is going to be in the driver seat so you mentioned falling expectations for future hikes what's that do too all right so right before the meeting inflation actually ticked down we're seeing some sluggishness in the economy trump's policies or stalls the fed like i said is taking canada a waitandsee approach to let the economy drive what needs to happen next now i will say they do not make any kneejerk reactions in your portfolio don't drastically change what you're doing with your bonds you should already be in kind of intermediate short duration bonds any way so that regardless of whatever happens you don't.

bob richards interest rates fed domino andy smith