What Retirement Strategies Do You Want More Info On?

by Nilus Mattive on March 2, 2015

We’ve been getting great feedback over the last few days — everything from your biggest retirement fears to your biggest accomplishments and dreams.

But no matter where you’re currently at with your finances, we’d like to help you do even more.

So tell us: What strategies or investments do you want to hear about next?

Growth ideas? Income boosters? Maybe some ways to lower your taxes?

Just give us your thoughts and comments in the box below, and we’ll try our best to address these topics in the web events coming up this week and beyond.

{ 24 comments }

How does your nest egg stack up? Are you on track?

by Nilus Mattive on March 1, 2015

Yesterday, readers started outlining some of their retirement dreams.

But the reality is that many Americans, if they even have investing goals, are struggling to stay on track.

So how do you feel about your current nest egg? Will it be enough for the life you want? And how do you think you stack up with other folks in your age bracket?

We’re going to put together some hard numbers for Part I of the special “Retirement Check-Up” series going live this coming Wednesday at noon.

In the meantime, let’s heard your thoughts and comments in the box below!

{ 47 comments }

What’s your ideal retirement look like?

by Nilus Mattive on February 28, 2015

We’ve been talking about problems — everything from Wall Street rip-offs to the biggest investing dangers.

But now let’s take a little time to dream …

What does your ideal retirement look like?

Would you keep working even with all the money in the world? Spend your days babysitting the grandkids? Volunteer? Maybe travel the world in a yacht?

No dream or scenario is too big or too small!

Give us your thoughts and comments in the box below, and we’ll keep the community conversation going over the next few days with follow-ups and additional thoughts of our own.

{ 50 comments }

Yesterday, readers shared their thoughts on Washington … Wall Street … and some of the ways both lawmakers and financial professionals can derail the best laid plans.

So now we want to know …

What is your biggest retirement or investing fear right now? And what steps are you taking to make sure it doesn’t come true?

Just give us your thoughts and comments in the box below, and we’ll keep the community conversation going over the next few days with follow-ups and additional thoughts of our own.

{ 64 comments }

Earlier this week, President Obama visited the AARP’s headquarters in Washington to talk about conflicts of interest on Wall Street.

It was part of a larger push to pass new legislation that holds retirement advisors to a “fiduciary standard” — meaning they have to put their customers’ interests first.

According to Obama and other lawmakers, these conflicts of interest could be costing retirees as much as $17 billion in lost money every single year.

We want to know: Have you ever been the victim of bad advice from a broker or financial planner?

And we also want to know: Do you trust Washington to do any better when it comes to safeguarding your retirement?

Just give us your thoughts and comments in the box below, and we’ll keep the community conversation going over the next few days with follow-ups and additional thoughts of our own.

{ 326 comments }

A volatile day

by Dawn Pennington on January 13, 2015

Markets started out in the green today, with the Dow adding as much as 340 points in early trading after one of its former components, Alcoa (AA), beat earnings last night.

However, stocks gave up their gains in the afternoon as oil continued to slide below $45 and chatter intensified about the European Central Bank’s upcoming U.S.-style quantitative easing program.

  • Digital camera-maker GoPro (GPRO) saw shares tumble 12.2% this afternoon after Apple (AAPL) was granted a remote-camera patent. Independent analysts expect AAPL will use the technology to help customers access their iPhone and iPad cameras from other Apple devices, rather than build a camera.
  • The improving jobs numbers may mean it’s becoming a job-seekers market. But employers still have the advantage, including Pimco, which fired “Bond King” Bill Gross late last year, according to a new Fortune magazine article.
  • U.S. bonds looked more attractive to domestic and foreign investors thanks in part to the ECB chatter, which pushed the iShares 20+ Year Treasury Bond ETF (TLT) up to another all-time high. TLT traded as high as $132.61 during today’s session.
  • ABC News invited Frank Curzio, the newest addition to the Uncommon Wisdom Daily team, share his take on “Best Buy Getting the Barron’s Treatment.” You can watch this news segment here. Congratulations, Frank, on your great TV appearance!

As Frank mentioned, he just attended the Consumer Electronics Show (CES) in Las Vegas, where he had the opportunity to experience the “technologies of tomorrow” firsthand.

In the coming weeks, he’ll be sending actionable recommendations to his Disruptors & Dominators subscribers to help them ride the profit waves these big innovations are creating. Find out how you can be among the first to access this powerful information when you click this link here.

 

{ 0 comments }

We’re not worried about $40 Oil. Neither is $XOM

by Dawn Pennington on December 3, 2014

After OPEC failed to call for production cuts at its meeting last week, not surprisingly, oil prices plummeted Friday.

Yet, a funny thing happened after that. Oil prices shot up 4% in Monday’s trading.

Oil has since pulled back but the point is, oil may very well have found a bottom in the current range.

As Dan Hassey said in his Uncommon Wisdom Daily column today — Why You Can Ignore Reports About $40 Oil — the media’s recent calls for $40 oil are over-the-top at best.

After all, North American producers (the U.S. and Canada especially) will likely cut production and that should drive oil prices higher. That’s because $40 oil is a pain point that they don’t want to reach.

However, should $40 oil become an albeit-brief reality, today ExxonMobil (XOM) said it plans to remain profitable no matter how low black gold goes …

The oil giant’s massive projects in areas such as liquefied natural gas and deepwater drilling are decade-long investments that have been tested to perform across a broad range of price ranges, from $40 to $120 per barrel, (Chairman Rex Tillerson)told “Squawk Box” at a Business Roundtable summit.

XOM may be prepared for oil at any price (above $40, per Tillerson’s statement), but Dan Hassey says North America isn’t going to let it go that low or stay there that long, if it happens.

If you’re an energy investor, here’s what you need to know right now … including the next two times to buy energy stocks. Hint … one is just around the corner …

Why You Can Ignore Reports About $40 Oil

{ 1 comment }

Ebola hasn’t jumped the shark after all

by Dawn Pennington on November 17, 2014

The fact that Ebola all but disappeared from U.S. news after the midterm elections is not lost on me.

And as a former Washingtonian, I admit I was wondering whether the recent arrival of Dr. Martin Salia in Omaha was orchestrated to put this highly fatal disease back on our collective radars.

For a while I wondered whether Google (GOOGL) and other search engine providers asking for donations for Ebola-ravaged countries meant the disease had finally jumped the shark.

And then Band-Aid, well, rebanded to raise money for Ebola, which should benefit now that Dr. Salia died from Ebola. And it’s unsettling.

The most unsettling part?

As CBS News reported …

“Salia, a Sierra Leone citizen who lived in Maryland, first showed Ebola symptoms on Nov. 6 but tested negative for the virus. He eventually tested positive on Nov. 10.”

Just think, had he been diagnosed and treated FOUR DAYS earlier, Dr. Salia might be alive today.

Obviously a Molotov cocktail of meds served up too late can’t reverse the kidney damage and full organ shutdown that Ebola causes. But at least we know drugs do work, given that we have survivors to speak of. Mapp Biopharmaceutical, which makes the coveted, experimental ZMapp drug, is still victims’ best shot.

Clearly the fight isn’t over just because we aren’t seeing it as much anymore. Maybe Band-Aid is just what we need right now. I’ll be buying the single since it’s all I can do. I hope you do too.

{ 0 comments }

Well that doesn’t sound too promising

by Dawn Pennington on November 14, 2014

From Yahoo! Finance …

The market has done this just 4 times in the last 20 years

“The S&P 500 has closed above its five-day moving average for 20 consecutive days. That has only happened just three times before in the last two decades.”

Sounds good, right?

Well, not so much.

“The S&P 500 has had just seven prior streaks above its five-day moving average lasting 18 days or more. And those … averaged losses four and six weeks after ending.”

It’s been a record-breaking year, but it’s also been a bit of a unique one as well. So while I think any pause we get will indeed be one that refreshes, I also don’t see the markets tanking going into year-end.

Seasonality is still our friend and I think we’ll see Santa Claus arriving — if not immediately after the Thanksgiving Day parade — then definitely right on schedule before year-end.

{ 0 comments }

Time for an Ebola Reality Check

by Dawn Pennington on October 17, 2014

Just seven months ago, Ebola was "just" a disease in its outbreak stages in Africa. Now it’s an epidemic affecting healthcare workers, airline passengers and others halfway across the globe who never should have been exposed.

Today, we’re getting news that former vice presidential chief of staff Ron Klain is up for the role of Ebola "czar" as this potential pandemic continues to unfold on our shores.

The question we face — as researchers, travelers, investors and individuals who happen to like being around other people — is whether the Ebola infection fears are overblown … or whether we aren’t worried enough.

Consider that Dallas healthcare workers Nina Pham and Amber Vinson, who were supposedly at "low risk" of catching Ebola, are now fighting the deadly disease in Maryland and Atlanta, respectively.

Meanwhile one of their colleagues who handled Ebola lab specimens quarantined herself on a cruise ship this week … despite showing no signs of the illness.

This tells us it’s time for a reality check about this epidemic.

Your Uncommon Wisdom Daily team has been closely following the news and clocking extra research hours to bring you the timeliest, most accurate information we can find. We never want you to make a decision about your financial health out of fear, and the same goes for your personal well-being.

Here’s what we’ve uncovered so far …

***

Ebola: What You Need to Know

What makes Ebola different and much more dangerous is its sophisticated ability to bypass the dendritic cells undetected and shut off their “alarm system.”

This leaves the immune system clueless, and therefore no antibodies are made to combat the Ebola virus.

In the end, it’s not the Ebola virus that kills its victim. It’s actually his or her own immune system in the form of something called a “cytokine storm.” Continue reading …

***

Is the CDC Any Better Than FEMA?

Amber Vinson actually flew on an airliner from Dallas to Cleveland. She took her temperature before boarding the flight home, noticed a slight fever, and called the Centers for Disease Control and Prevention to seek advice.

The CDC failed to advise Nurse Vinson to stay off the plane. So now, hundreds of other people who were on the plane with her, or flew the same plane on subsequent flights, are at risk.

That the U.S. government, with every possible power and resource at its disposal, allowed this to happen is embarrassing. No wonder people are comparing the CDC’s Ebola response to the Federal Emergency Management Agency’s inept performance when Hurricane Katrina struck New Orleans. Continue reading …

***

My 2 Biggest Fears About Ebola

An estimated 22,000 people are infected at this point in time. By the time you finish reading this article, 500 to 750 people could become infected (assuming the infection rate doesn’t accelerate).

Currently, WHO and the Centers for Disease Control and Prevention are not mathematically discussing how the increasing number of infections could multiply the speed with which Ebola spreads throughout Africa and the world.

It’s entirely possible that, by New Year’s Eve, 250,000 people will come into direct contact with this disease that kills 9 out of 10 of those infected.

And that’s not even the scariest part. Continue reading …

{ 0 comments }