The S&P 500 is plowing ahead, but earnings growth is not double digit for the S&P 500. What’s going on in the S&P and what numbers really tell us the truth about the American economy?

By the end of the second quarter the S&P 500 found itself up 18.5%, which includes the sizeable recovery from last year and a push ahead. Much of the volatility has been from trade wars and fed interest rates so we have to we have to bring things back to reality and figure out what is going on within the S&P. With that said, remember that the S&P is cap weighted and is not an exact measure of the largest 500 companies in America. The economy is much more than that. Other topics include:

• The difference between Roth IRA contributions and Roth IRA conversions
• Is now a good time to do a Roth conversion with the market at a high?
• Garbage annuity products
• Establishing an IRA with a fee only fiduciary group vs. a bank

 

 

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.