In this episode of Money Matters, brought to you by Greenberg Financial Group, Dean Greenberg, Dave Sherwood, Dylan Greenberg, Todd Glick Jr. and Sebastian Borsini sit down after a September that looked very different depending on where you checked. Big tech carried the Nasdaq to a gain while the equal weighted S&P 500 slipped about 5%, and we talk through why that gap matters, what history says about October's reputation, and why staying measured into the midterm elections can make more sense than chasing the next headline. Dean also shares his long view on the AI data center build out and his ideas for putting Social Security and Medicare on firmer footing for the next generation.
From there we get into the interest rate story that keeps pressuring the broader market, why the Fed only controls the overnight rate and not your mortgage, and why individual bonds with set maturity dates can behave very differently from bond funds when rates rise. We also cover Micron's earnings and its shift toward long term contracts, NVIDIA's record buyback, Nike's rough year, the latest from the auto makers, and a Tucson fun fact about how A Mountain got its letter.
Hailey Glick from G&G Tax Advisors joins us to explain why a big refund is really an interest free loan to the IRS, how tax brackets actually work, why withholding often changes in retirement, and what to keep in mind on required minimum distributions, qualified charitable distributions and estimated payments before the year runs out.
We also share a note from a new client about the care she received from Todd and Sebastian, and invite you to our next financial planning workshop on October 30 at La Paloma Country Club, from 11:30 to 2.
Want to see how all of this fits your own situation? Ask us about a free personalized financial plan.
If you would like to contact us to learn more about our firm, our seminars, and our process - call us at 520.544.4909 or go to our website at www.Greenbergfinancial.com or email us at Contact@Greenbergfinancial.com
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.
