Last week, U.S. stocks had their worst one-day drop since February as traders worried about weak corporate earnings and the looming end of economic stimulus from the Federal Reserve. In mid-July, the Dow Jones was over 17,000; by last Friday it had dropped to just under 16,500. We look at the recent volatility in the stock markets, how it affects the average investor, and what those who see their retirement accounts losing value should do.
Do you need a financial planner or advisor? The answer is a resounding maybe. Everyone's situation is different, but there are stages in life when it could be beneficial to have a professional help you with your finances. Then you have to do your homework, learn how planners make their money, how they are regulated, and what all those letters after their names -CPA, CFP, CLU, or CFA - mean.
While historically the biggest drops in the stock market have taken place in the month of September, October seems to get the blame as the worst month for investing. But is there a best or worst time to put your money in the stock market? Investment Advisor and Writer William Bernstein joins Chris DeSimio and Mark Heyne for a look at the current investment numbers, along with some history and an overview of the markets.
Jim Rogers is a name every serious investor knows. He’s spent years studying the markets, not just here at home, but all around the globe. His books have been must-reads and now he’s put pen to paper to write his memoir.Street Smarts: Adventures on the Road and in the Markets details his early years in Alabama, then on Wall Street, to his co-founding of the tremendously successful Quantum Fund. But it’s not just a typical memoir. He still makes observations on the state of the markets today and some trends he sees for the future. Jim Rogers is On the Money with Chris DeSimio to share some thoughts about the markets and his book from his current home in Singapore.
On the Money with Chris DeSimio welcomes back Dr. Martin Giesbrecht, professor emeritus of economics from Northern Kentucky University, to share his thoughts on the current state of America’s economy and what future actions, or inaction, by the government will have on the current upswing on the stock market.