Oh sure, I wanted to call this episode, "Islanders Shutout Rangers," but this is a financial, not a sports show...and after all, I can only torture Mark so much. After a brief recap of the game, we spoke with Tom (a Bruins fan), who needed help deciding whether or not he should downsize prior to retirement.
Vicky and John sought guidance on putting cash to work, which allowed me to explain how hard it is to time the market and why even if you are risk averse, you may want to allocate a small percentage of your portfolio to stocks.
Jennifer had an interesting question about how to treat her rental properties; Rosetta and an anonymous e-mailer had estate questions; Jeff, JD and Mark asked about index funds vs. ETFs vs. Robo-Advisors; Alan asked about scrubbing his credit report of errors; and Vicky asked about ditching whole like policies for her kids.
Here's last week's CTM segment about weak retail sales and the negative impact on stocks.
Thanks to everyone who participated and to Mark, the BEST producer in the world. Check out Mark's first-producing credit for this CBS Evening News segment that aired recently. If you have a financial question, there are lots of ways to contact us:
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