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The "Weight Watchers" approach to financial planning. Every woman has gone on a diet at one time or another. Much of what we learn from dieting can be applied to a financially healthy lifestyle. Below are statements found on the Weight Watchers website as to why their program is different and successful. More
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Whether it was “sell in May, go away” sentiment finally showing up or concern that the Fed might be closer to winding down economic support, investors decided to take profits last week, especially in the large, dividend-paying stocks of the Dow and S&P 500. As anxiety about potential future Fed action continued to build, the 10-year Treasury yield saw gains for the fifth straight week, hampering bond prices.Read More
Once again, devastating events far from Wall Street helped put market losses into perspective as Oklahomans coped with the impact of a catastrophic tornado. Even a hint that the Fed might be closer to cutting back on its economic support helped turn a 155-point gain in the Dow into a 276-point intraday swing at one point on Wednesday, and domestic equities continued to struggle the rest of the week.Read More
It’s Memorial Day weekend and the unofficial start of summer here on Cape Cod. Chris talks to Wendy Northcross of the Cape Cod Chamber of Commerce about the latest news from the Chamber. Hear about the new Cape Flier Train, the arts app Cape Cod, the ecapechamber.com website, and the celebration of Quahog Day, when Cape Cod’s own Doug the Quahog predicts the beach weather. Chris also talks about the proposed Fair Plan rate hikes, how to assess your portfolio’s bond risk, the benefits of ETF’s, and the upcoming Boyd & Boyd seminars.
Bears were on the defensive last week as both the Dow and the S&P 500 once again set fresh record highs. Friday’s close put the S&P 500 up almost 147% from its March 2009 low, while the small-cap Russell 2000 has almost tripled since then. Meanwhile, gold followed up on the previous week’s losses by losing some more. The spot price fell below $1,400 an ounce last Monday and kept on going; it ended the week at roughly $1,365, having lost more than 7% in a little over a week.
The show begins with guest Deborah DelNegro, a Senior Real Estate and Retirement Specialist, speaking about the Cape Cod real estate market. Chris also shares information on the challenges facing Baby Boomers as they approach retirement. Lastly, Chris talks about his upcoming seminar: Retirement Readiness. In this seminar, attendees will learn about predicting retirement needs, figuring monthly expenses, and the role of inflation and taxation in retirement planning.Read More