Is a rate hike still on the table this year? I also discuss baby boomers taking required minimum distributions and millennial investment fears

Could we see a rate hike this December? Today I dissect Professor Jeremy Siegel’s comments on how strong employment and wage numbers could keep December in play for a rate hike. I also take a look at the market new which includes ugly trade numbers from China , Walmart buying Jet.com and the FTC focusing on better regulations for celebrities being involved with social media advertisements. Other topics include:

• Baby boomers turning 70 ½. What is the best way to begin taking required minimum distributions and how will this affect the economy?
• A survey that connects debt and millennial investing reluctance
• Managing TSP accounts
• A loose guide for millennials to begin investing

 

 

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.