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How to make it, spend it, and invest it

Mastering Money

Mastering Money is hosted by Certified Income Specialist™ Steve Jurich. Steve’s comments have been seen on MarketWatch, CNBC.com, Bloomberg, and TheStreet.com. Steve is joined on most days by Money Radio favorite Ken Morgan as well as experts and authors from the world of Wall Street and real estate. New episodes published every weekday at 9am PST. Also, an encore show at 6pm PST. Listen every weekday to get a handle on emerging market trends, asset allocation strategies, social security, medicare, RMD planning, tax strategies, estate planning, annuities, life insurance and more!

Everyone knows how Social Security works—the longer you wait to start the income, the higher your future and permanent income will be when you finally turn it on.  Your future income rises mathematically by a factor of five-point two-five percent until full retirement age, then eight percent a year until age seventy. You might think that most people wait until they can get the highest income by putting off  Social Security Benefits until age 70. But statistics show that over NINETY-EIGHT PERCENT of Americans start their income much sooner. Is that a smart idea, or not so smart. Today, we’ll outline the circumstances when taking your Social Security a bit early can but extra dollars in your pocket, then Steve has specific tips on how to build retirement wealth the SMART WAY… MASTERING MONEY is on the air!!!

Have you been wondering why you are suddenly seeing “beefless” burgers at Burger King and other outlets? Well, it could be due to MARKETING research! Restaurants want to make money!  They are capitalist institutions. And, growing numbers of America’s population believe that we are experiencing accelerated climate change caused not only by humans– but by those cute, lovable, four-legged creatures that give us milk, ice cream, yogurt, cottage cheese and yes, BURGERS. They also think that this summer’s heat nationwide is “scientific proof” that we are seeing global warming!  Today, however, Steve and I will present scientific evidence that there have been many hotter summers, and why you can have a real meat burger today if you want one!!!   Then Shelley Grandidge joins us for the Q & A. Don’t miss today’s show…MASTERING MONEY is on the air!

According to David Kostin, Goldman Sachs’ chief U.S. equity strategist– investors should be looking NOW for opportunities in high-quality dividend growth stocks. Kostin said THIS on CNBC: “With the 10-year Treasury yield at just 1.5% and the Fed likely to cut two more times this year, investors should look for opportunities in dividend stocks.” He sees prices on dividend stocks as very appealing right now. Investing in dividend growth stocks is known as TOTAL RETURN investing. The strategy combines BOTH price appreciation AND the payment of consistent dividends. There are two ways to win–THREE if you count reinvesting your dividends. Today, we’ll explore what Goldman Sachs has to say about dividend stocks right now with proven allocation tips to help you build retirement wealth THE SMART WAY. MASTERING MONEY is on the air!!

Today on Mastering Money…It’s a MOTLEY FOOL MONDAY!! The Motley Fool Money Show is one of the most popular stock market talk shows in America, featuring top market experts and heard by millions of listeners—including Saturdays right here on Money Radio! After an update of the markets and today’s breaking financial news stories, we’ll take you to an exclusive broadcast of the Motley Fool Money Show–plus a financial update from Steve you won’t want to miss! — MASTERING MONEY IS ON THE AIR!

Over seventeen trillion dollars worth of government bonds are now paying NEGATIVE interest rates. Those rates are driving U.S. rates down, with numerous negative consequences. The main one is that retirees who want to tone down the risk in their portfolio and focus on safety and secure income can no longer turn to bonds. This is leading to increasing demand for dividend GROWTH stocks–stocks that RAISE THEIR DIVIDENDS every single year. Today on Mastering Money, Steve will demonstrate how a stock whose PRICE declines by thirteen percent over ten years can still realize a positive return over six percent because of reinvesting RISING dividends.  Learn how a declining market may actually HELP you build more wealth for the future than a rising market. Don’t miss TODAY’S show. MASTERING MONEY is on the air!

When five hundred point swings become the norm in stock markets—and where TRILLIONS of dollars of retirement money is at stake—it’s not surprising to learn that many retiring professionals are suddenly seeking to focus more on income and preservation, rather than taking further risks in an attempt to build their pile.  One day, the market reverses.  …It isn’t a matter of IF, but WHEN.   Where do you want YOUR life savings when it finally occurs? What level of risk are you willing to accept with the only retirement money you’ll ever have?  Today, we’ll zero in on specific planning and allocation strategies designed to protect and even benefit from a market downturn. The objective: permanent financial peace of mind!  A great show for you today, MASTERING MONEY is on the air!!

SO,  “when IS the best time to take Social Security?”  Should you take it early, later, or right at Full Retirement Age? Is there a sweet spot where you beat the system at its own game?  Entire books have been written on the topic, and there are many seminars on the topic going on almost every day.  Most of the confusion about when to take Social Security income centers on SPOUSAL benefits. Today, Steve and I will review the new rules of Social Security claiming and outline a circumstance when it makes sense for the younger spouse to start benefits early. Then health insurance and Medicare expert Shelley Grandidge joins us for the Q & A. A fact-filled show you don’t want to miss…MASTERING MONEY is on the air!!!

According to Lawrence Strauss writing for Barron’s, dividend stocks are in a strong position as bond yields drop. With every downward tick of the 10-Year U.S. Treasury note’s yield, dividend-paying stocks look even better, he says—concurring with other analysts in the field.  The 10-year treasury note’s yield has fallen as low as 1.6 percent. That’s its lowest level since 2016, according to FactSet. But now, many bond analysts are saying that rates could fall even further for U.S. bonds with the potential for negative interest rates. Over 58% of stocks in the S & P 500 now have a dividend yield higher than the interest rate on a ten-year treasury bond. The timing could be very good for investors who want to get started with a quality dividend reinvestment strategy. Complete details on that and more. MASTERING MONEY is on the air!!