Week 12 Market Performance: Dow Jones Industrial Average: W12 +1.18%; YTD +0.38% S&P 500: W12 +1.39%; YTD +3.42% Nasdaq: W12 +1.66%; YTD +12.97% Questions Answered in this Episode: Why is personal savings so low? What are simple ways to reduce your spending and keep an eye on your budget? Best way to prepare for a recession? What does the .25% rate hike mean for the markets and the consumer?
Apr 16, 2023•33 min•Transcript available on Metacast Week 11 Market Performance: Dow Jones Industrial Average: -.15%; YTD Performance: -3.88% S&P 500: +1.43%; YTD Performance: +2.01% Nasdaq: +4.41%; YTD Performance: +11.12% Silicon Valley Bank Mission Statement: “Our mission is to increase the probability of our clients’ success. For nearly 40 years, Silicon Valley Bank has helped innovators, enterprises and their investors move bold ideas forward, fast.” Silicon Valley Bank sold $21B worth of US Treasuries and Agency securities for a ($1.8B) loss...
Mar 28, 2023•21 min•Ep 31•Transcript available on Metacast 2022 Market Performance Dow Jones: -8.78% S&P 500: -19.44% Nasdaq: -33.10% 2023 Market Performance (through trading week 9) Dow Jones: .74% (YTD) S&P 500: 5.37% (YTD) Nasdaq: 11.68% (YTD) Fed Sentiment Jerome Powell and co. are dead-set on lowering the inflation rate to their target of 2%. My argument is that rate increases will occur well into the summer months. Consumer Spending Consumer spending remains strong. After seeing a cooling of the metric in October, November, and December of 2022, J...
Mar 19, 2023•15 min•Ep 30•Transcript available on Metacast "Hey everyone, today we're going to be talking about Required Minimum Distributions (aka RMDs). Know there is a lot of material out there on RMDs but stick with me on this important topic if you have an IRA or 401(k). The rules have changed and if you are approaching retirement age, or know someone who is, you don’t want to miss this episode. This subject can be both confusing and overwhelming. So, having proper knowledge about RMDs can help retirees make solid, strategic decisions. Stay tuned a...
Mar 07, 2023•17 min•Ep 29•Transcript available on Metacast Our take on the global economy, and what we expect for the duration of 2023.
Feb 28, 2023•20 min•Ep 28•Transcript available on Metacast The United States Debt Ceiling is a limit set by the US Congress on the total amount of debt that the federal government can accumulate. On January 19 2023, it's set to hit its limit and many people are wondering what will happen next. We also discuss some of the possible consequences of hitting the Debt Ceiling for both individuals and the country. So should you be worried about the US Debt Ceiling? Keep reading to find out, or, head over to our YouTube channel and watch the video! https://yout...
Feb 28, 2023•27 min•Transcript available on Metacast Sam Bankman-Fried and FTX- you’ve probably heard those names in the news recently, but what actually happened? Here’s everything you need to know about the recent FTX scandal and some things you can do to protect yourself from becoming a victim in similar events.
Dec 16, 2022•29 min•Ep 26•Transcript available on Metacast Year-end 2022 is approaching fast but in just 15 minutes we give you 10 Useful Tax Reduction Strategies that will put some money back in your pocket.
Dec 06, 2022•14 min•Ep 25•Transcript available on Metacast You can see a shortened version of this content in video form on our YouTube page, OmniStar Financial Group. This podcast is a publication of Omnistar Financial Group. The content is developed from sources believed to be accurate and reliable with all information. The information in this material is not intended as tax or legal advice and may not be used for the purpose of avoiding any federal tax penalties. Please consult with a tax or legal professional for specific information regarding your ...
Apr 10, 2022•14 min•Ep 24•Transcript available on Metacast You can see a shortened version of this content in video form on our YouTube page, OmniStar Financial Group. This podcast is a publication of Omnistar Financial Group. The content is developed from sources believed to be accurate and reliable with all information. The information in this material is not intended as tax or legal advice and may not be used for the purpose of avoiding any federal tax penalties. Please consult with a tax or legal professional for specific information regarding your ...
Apr 09, 2022•12 min•Ep 23•Transcript available on Metacast You can see a shortened version of this content in video form on our YouTube page, OmniStar Financial Group. This podcast is a publication of Omnistar Financial Group. The content is developed from sources believed to be accurate and reliable with all information. The information in this material is not intended as tax or legal advice and may not be used for the purpose of avoiding any federal tax penalties. Please consult with a tax or legal professional for specific information regarding your ...
Apr 08, 2022•13 min•Transcript available on Metacast No matter where you are in your financial journey, its never too early or too late to start planning for retirement. Dustin and Phil from Omnistar share 5 game changing strategies that will maximize your money for the future! You can see a shortened version of this content in video form on our YouTube page, OmniStar Financial Group. This podcast is a publication of Omnistar Financial Group. The content is developed from sources believed to be accurate and reliable with all information. The infor...
Apr 07, 2022•26 min•Ep 21•Transcript available on Metacast It’s a contrarian’s dream come true.Contrarian investors like to buck the trend. They buy when other investors are selling and sell when others are buying. Last week, Bank of America (BofA) delivered a contrarian’s dream. BofA’s monthly survey of 225 global asset managers, who are responsible for $645 billion in assets under management, showed the managers were almost fully invested, according to CNBC . The survey showed asset managers’, “…cash levels at the lowest since March 2013, global equit...
Feb 28, 2021•23 min•Transcript available on Metacast Happy New Year to our clients and readers. It took a few weeks before gaining enough inspiration to write our first Market Perspectives of 2021. The noise of politics, social unrest, pandemics, and the threat of losing free speech can leave you at a loss for words. Frankly, America has become entrenched based on agendas, ideology, and rancor being spewed from the highest offices. The very morals and ethics on which our democratic republic was created have been defenestrated in recent months, may...
Jan 21, 2021•23 min•Ep 19•Transcript available on Metacast Divorce has been dubbed ‘The Retirement Killer’ for a reason. Almost every time we work with a client who has/is going through a divorce, retirement accounts and the success of their overall financial plans quickly get derailed. All that great planning that was put in place during their wedded bliss days is up in smoke. Not only are accounts split, but the couple also deals with what can be substantial legal fees leading to the finalization of their breakup. We have never met a couple that plann...
Dec 01, 2020•56 min•Ep 18•Transcript available on Metacast Nov 20, 2020•49 min•Transcript available on Metacast Nov 17, 2020•52 min•Ep 16•Transcript available on Metacast Alex and David Anderson discuss the 5 Key Documents You Need for Estate Planning. Tune in to learn about Last Will & Testament, Living Trust, Durable Power of Attorney, Healthcare Power of Attorney, and Living Will.
Sep 17, 2020•20 min•Ep 15•Transcript available on Metacast Sep 08, 2020•35 min•Ep 14•Transcript available on Metacast We Are Talking Money discusses ETFs, Mutual Funds, RoboAdvisors, and other investment options.
Sep 02, 2020•37 min•Ep 13•Transcript available on Metacast Aug 19, 2020•36 min•Ep 12•Transcript available on Metacast Aug 05, 2020•22 min•Ep 11•Transcript available on Metacast Jul 28, 2020•30 min•Ep 10•Transcript available on Metacast Advanced look on life insurance were OmniStar Financial Group dives into cash value policies.
Jul 02, 2020•26 min•Ep 9•Transcript available on Metacast Jun 17, 2020•28 min•Ep 8•Transcript available on Metacast Apr 13, 2020•28 min•Ep 7•Transcript available on Metacast Mar 26, 2020•29 min•Ep 6•Transcript available on Metacast Market pullbacks, indeed, are opportunities. But things are not as simple as saying, buy when the markets are down. The coronavirus-induced market turbulence is affecting everyone – but how it affects you depends upon your goals and objectives. That is, if you can control your fear. After all, that is mostly what is happening at the moment, reactions based on fear. Don’t get me wrong, we recognize that these are scary times, particularly for those in or near retirement. Nevertheless, regardless ...
Mar 19, 2020•33 min•Ep 5•Transcript available on Metacast Update on markets The progression and measure of financial markets in response to the coronavirus outbreak has been reminiscent of the 2008 global financial crisis. Now, let me be clear, we do not believe this is a repeat 2008. What we do believe, however, is the impact from Coronavirus will likely be large but the economy is on more solid footing and, importantly, the financial system is much more robust than it was leading up to the crisis of 2008. I don’t want to sound overly optimistic, but ...
Mar 13, 2020•41 min•Transcript available on Metacast This is our second podcast dedicated to COVID-19 (coronavirus) as renewed fears dragged stock prices down last Friday and again on Monday, February 24th. The dow jones industrial average closed down more than 1000 points. The rising coronavirus fears are likely resulting from significant new outbreaks in Italy, South Korea, and Iran. Political rhetoric from Bernie Sanders over the weekend likely added fuel to the sell-off in health insurance stocks – Senator Sanders won the democratic primary in...
Feb 25, 2020•16 min•Transcript available on Metacast 
