In this episode of Money Matters, brought to you by Greenberg Financial Group, Dean Greenberg opens the show with a personal story from 1998, a round of golf with a stranger from out of town, and a job offer on the upper floors of the North Tower that came with a piece of advice he still lives by. Twenty five years after 9/11, it is a reminder that a financial plan is really a lifestyle plan, and that the biggest opportunity is not always the right one.
From there Dean, Dave Sherwood, and Sebastian Borsini get into a market that has had everything thrown at it and still sits just 2% off its all time high. We talk through oil up more than 25% in three weeks, a two year Treasury jumping to 4.63%, a 30 year at levels last seen in 2007, and what all of that means as we head into the seasonally tricky stretch between September and late October. We also spend real time on why 5% on high quality paper matters for retirees, why the Fed's next quarter point may be less important than the one after it, and the Arizona community property rule that can wipe out a lifetime of capital gains at the first spouse's passing.
On the company side, Oracle's post earnings reversal, Meta's new AI agent and the settlement bill that comes with it, Intel and AMD raising prices, NVIDIA's stubborn stock, Qualcomm's new partnership with Amazon, and a Costco mystery that has nothing to do with gasoline.
Hailey Glick of G&G Tax Advisors joins us to break down the difference between the standard deduction and itemizing, why only about one in ten filers itemize, how the bigger state and local tax bucket could change that, and why a credit is worth more than a deduction. Then estate attorney Jonathan Sibilia walks through the documents he updated before his own surgery last week, and explains why a mental health power of attorney can be the difference between a family decision and a courtroom.
Our next interactive financial planning workshop is October 30th at 11:30 AM at La Paloma Country Club, and as always, the personalized financial plan is free whether or not you ever become a client.
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Disclaimer:
This show discusses different investment products and strategies. Every product and strategy has some type of inherent risk and we strongly encourage our listeners to properly understand these risks. Past performance is no guarantee of future performance. The information presented on this program is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. The material covered on this program does not involve the rendering of personalized investment advice, but is for general information purposes only. A professional advisor should be consulted before implementing any of the options presented. Greenberg Financial Group is registered as an investment advisor with the SEC and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements.
