MoneyMD

7-12-14

• It's Time For a Mid-Year Financial Checkup
• Investment Costs:  What You Don't Know Can Hurt You
• 6 Classic Investing Mistakes

7-5-14

With the market soaring, should you wait to buy in?  John and Steve will take a historical look at this question on MoneyMD. Then, you've planned and saved for your kids' education, and now it's time to pay out.  Listen to Steve and John to find out the best way to go about accessing those 529 dollars. And finally, our massive national debt is steadily increasing.  Tune in to hear the Money Doctors discuss the economic implications of this longstanding concern.

6-28-14

Tune in to MoneyMD as Steve and John continue their segment with three more potential pitfalls for couples and their money. Then, with traditional pension plans fading away, future retirees now need to be more disciplined in their retirement planning to compensate for the loss. The Money Doctors discuss Dave Ramsey’s advice on the subject. And finally, we have all heard that China is gaining ground with the potential to surpass the United States as the world’s next economic power, but what do the numbers say? Tomorrow morning, the Money Doctors will look at the economic standings as of 2013. 

6-21-14

Harmony in finances is an important key to a happy marriage. Tune in to MoneyMD this week to learn how to avoid several pitfalls that can drive a wedge between you and your spouse. Then, well-meaning friends and family will offer abundant opinions on your decision about whether to buy or rent a home. Join the Money Doctors as they help you decipher fact from fiction when weighing your residential options. And finally, listen to Steve and John as they discuss the potential dangers that impatience poses to your long-term retirement goals. 

6-14-14

After planning and saving for a lifetime, you don't want to sabotage your retirement with an easily avoidable mistake.  Find out what not  to do tomorrow morning on MoneyMD. Then, tune in to MoneyMD to hear about eight purchases that can save you hundreds, or even thousands of dollars over time. And finally, Steve and John will talk about how the spending patterns of retirees have changed over the past couple of decades.

6-7-14

Is the ability to generate wealth in your DNA? Tune in to MoneyMD to hear about seven common character traits of the rich. Then, learn the tremendous power of including small-company stocks in your portfolio. And finally, in a recent article, Dave Ramsey says, "Youth sports are great in theory, but in practice, they can take over your life." John and Steve will discuss some practical ways to help prevent this from happening to your family.  

5-31-14

In the beginning of this episode, Steve and John will explain why some pension funds can't offer inflation protection and how you can compensate for this in your retirement planning. Then, the path to retirement is full of potential psychological and financial pitfalls. Listen to MoneyMD to learn about eight of the most common mistakes made when planning for retirement. And finally, according to CNNMoney, women are almost twice as likely as men to live in poverty during their retirement years. The Money Doctors will discuss some of the leading factors contributing to this retirement gap and some possible solutions for women to consider. 

5-17-14

Most people think that estate planning is only a concern for the wealthy, but a little planning can save your loved ones a lot of grief and expense when settling your affairs.  Listen to Steve and John to learn about five issues you should address in your own estate plan. Then, risk is unavoidable when investing in securities, so how do you cope with the anxiety? The Money Doctors will discuss four varieties of investing risk and steps that you can take to manage them. And finally, according to Bloomberg, the number of premature withdrawals from retirement accounts in the past few years hit record highs as Americans tapped into their savings during hard times. Find out why treating your retirement account as a piggy bank can have serious consequences, both today and in your future.

5-10-14

According to experts, the average investor significantly underperforms the market.  Find out what mistakes to avoid on the first segment of MoneyMD. Then, deciding how much of your portfolio should be allocated to stocks versus bonds is only the first step toward good portfolio diversification. Tune in to MoneyMD to learn how to further refine your mix and aim for a higher return. And finally, New Jersey is one of many states that is bleeding money from its state pension plan because of a double-dipping loophole. Listen to the Money Doctors to hear their diagnosis of this widespread problem.  

5-3-14

While the old saying “you get what you pay for” is often true, Steve and John say that sometimes being cheap simply saves you money.  Tune in to MoneyMD to hear some great examples of when pinching those pennies pays off. Then, join John and Steve to hear how movies that you watched growing up may have influenced your current views on money. And finally, in this day and age of cyber thieves, identity theft protection has become vital. Find out how to avoid becoming the next victim.