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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!

Safety MATTERS in retirement. Going backward due to a market crash is a foolish financial blunder that we ALL want to avoid! A big setback results not only in the loss of money but the loss of precious TIME. You can make money back, but you can’t make back the time you lose. Those who retired in 2007 discovered in 2008 that ten years of stock market gains can be wiped out in just ten WEEKS of stock market losses. One day, every market reverses. However, those who keep the predominant portion of their money out of harm’s way—safely protected– need not worry about devastating their life savings. Over 200 billion dollars a year go into annuities, with much of it being used in IRA rollovers from company plans. The regulatory environment for annuities has never been tighter and more stringent. We’ll review that today and then estate planning attorney Libby Banks joins us for the Q & A. You don’t want to miss today’s show 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!

According to the Wall Street Journal, a significant portion of the sensitive data we have today is going to be cracked by foreign powers in the not-too-distant future, and there is nothing anyone can do about it.  The danger comes from an ultra-powerful and still-experimental technology called QUANTUM COMPUTING. Unlike current computing, QC leverages the quantum properties of atoms to quickly compute problems that no conventional computer could crack. China has already launched the equivalent of a MANHATTAN PROJECT in quantum, spending up to fifteen times more annually than the United States on research and development. As an investor, especially one that is in or near retirement, it is important for you to know how technology could affect the economy,  the markets, and therefore your personal investments in the years ahead. Today, we’ll review the Journal’s fascinating report, with a strategy to build retirement wealth the smart way. MASTERING MONEY is on the air!!!

Nothing is a bargain in this world unless it serves a purpose and helps you achieve a goal.   Managing your own money to save a fee can work, but we all know the do-it-yourself approach seems to work BEST when markets are RISING! Rising markets tend to lift ALL boats.   As the saying goes, in a bull market, EVERYONE  is a genius!  But the real measure of how well your portfolio is being managed is not so much when markets are UP, but more when markets fall flat and then reverse. How do you KNOW if your money is in the right place? Well, lets put it this way. If you find yourself FEARING the next bear market rather than relishing the idea, your money is probably allocated poorly. Today, we’ll review the FOUR KEY QUESTIONS you should be asking yourself right now, and how to arrive at clear answers!  MASTERING MONEY  is on the air!!!

For nearly 20 years, many financial advisers have operated under the notion that most retired clients can confidently spend a maximum of 4% of their nest egg — adjusted for inflation — each year without worrying about running out of money. It’s known as the 4% withdrawal rule, but here’s the problem: the so-called “rule” was calculated when treasury bonds were paying six to eight percent and markets were averaging fifteen percent during the 1990s. Today, treasuries are paying 1.5% and the markets are getting volatile. In retirement, you will either NEED to withdraw money from your investments to live on or be FORCED to take withdrawals at age seventy. Either steady withdrawals from a declining balance can lead to early depletion, and going broke one day. Today, we’ll review exactly how to avoid the problem while building retirement wealth the SMART way.   MASTERING MONEY is on the air!!

Although you might think the term “fake news” was invented by President Donald Trump, you might be surprised to learn that it has been around longer than you think and is at the center of important and current research at institutions like MIT and Temple University.  Fake News in all its forms is RAMPANT—in politics, social life, and especially in the world of MONEY.  Writing for the Wall Street Journal, researchers Gary Marcus and Annie Duke say that in-depth research confirms your worst fears:   Fake stories are often more popular than real ones, and if a fake story is heard by the recipient three times or more, people tend to believe it more than they believe the truth. We have the fascinating Journal report for you today, then Steve provides concrete steps to building 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!

Dividend Aristocrats are companies which have not only PAID but have RAISED their dividends a minimum of 25 consecutive years, or longer. In 2008 when the S & P 500 fell by 37%, the group of stocks WITHIN the S & P 500 known as the Dividend Aristocrats, only fell by 22%. Dividends make a concrete difference in your investments because they aren’t speculation, they are cash on the barrelhead paid to you every quarter. The difference can be seen over time. According to Standard and Poors, Dividend Aristocrats generated an annualized return of 16.6% over the past 10 years, topping the S & P 500’s 15.1% return. Today in the Market Intel segment, we’ll define the differences between Dividend Aristocrats, Dividend Champions, and Dividend Achievers–all part of the Black Diamond and BLUE Diamond Dividend Growth Portfolios, and Steve will outline how to incorporate dividend stocks into a well-managed portfolio. Don’t miss it… MASTERING MONEY is on the air!!