Stock market returns always boil down to revenue and earnings of individual companies. Today I discuss the emotions that drive daily numbers and 2018 expectations.

When prices go up consumer demand goes up and we see inflation. The Federal Reserve fights back by adjusting the lending rates, less money is being lent and put into the economy and we go through a cycle. It’s a pretty simple concept that is all part of expansion and recession. Real market corrections last 3 months minimum and the worst thing you can do is panic, sell and lose money forever. Other topics include:

• Cryptocurrency pump and dump scams
• Can you afford a second home in retirement and how would you pay for it?
• Health and healthcare spending in retirement
• The AMT exemption and other tax cut issues

 

 

Please join Rob Black, Michelle Lerman and I for our Retirement Income Strategies and Estate Planning Seminar. This event will be held at the Crown Plaza Hotel in Foster City on March 8th at 6:30 p.m. Registration is $25. Click HERE to sign up!

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

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