I discuss Third Avenue Focused Credit Fund suspending junk bond withdrawals and explain charitable remainder unitrusts.

I talk about the Federal Reserve meeting happening today and the first potential rate hike since 2006. I also discuss other market news such as the crash in oil prices and the rising US dollar affecting companies in the S&P 500. Boeing announced a major dividend increase. We talk results of the disaster in the high yield bond market and the concerns of Third Avenue Focused Credit Fund suspending withdrawals from its junk bond mutual fund. Other topics include:

• Several ways that investing ONLY for income can hurt you.
• Should you rent in the Bay Area until the next correction? Borrowing from your 401k to make a down payment can be a huge mistake.
• Guidelines for gifting appreciated stocks to charities and tax limitations.
• How Charitable Remainder Unitrust can give you tax breaks and income.
• How technology will transform retirement.

 

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.