Preserving Wealth Podcast
WITH MIKE MCCORMICK
Mike McCormick has been delivering financial advice over the air in southwest Montana for the past eight years.
It’s been a source of joy for Mike to dissect and relay timely economic concepts and concerns to a wide audience.
We’ve decided to make our own podcast, discussing topics that our listeners want to hear more of!
Will Trump put sanctions on China? Also, corporate bond sales up, is this time for stocks to split, why are mortgage rates going down, unemployment is shrinking with return to work, how real estate investment trusts work, US-China Trade War costing US companies $1.7 trillion.
36.8 MILLION Jobless Claims, Shadow Banking, Investing In China, what you should know about Black Rock Mortgage, tips on what to do with your stimulus money, oil prices are rising, any chance of Pharmaceuticals Coming Back to US? In spite of positive results of the virus on climate change more hurricanes predicted for the year.
Guest Commentator Mike McCormick – McCormick Financial Advisors- Mike explains Exchange Traded Funds, will the US go back to a normal lifestyle? If so, how soon, and how fast? The three have differing opinions.
Guest Mike McCormick – McCormick Financial advisors. Even if you know nothing about the markets this show covers so many things that will affect your daily life. Will Europe abandon China businesses, are negative interest rates in the future, will our economy recover?
Today’s Topics: Liz Warren endorses Biden, China hid facts about Covid-19, Trump considers withholding funds from W.H.O., tax loophole for the rich in the relief package checks and loans, money for college pay for your kids or not, Trump’s name on relief checks, China economics and global economic meltdown, annuities — good or bad, and Coronavirus fraud.
Mike joins Tom & Shane for Facebook live from Bozeman, Montana.
You can receive notifications of live videos by visiting. https://www.facebook.com/mccormickfinancialadvisors/ or https://www.facebook.com/smalltownbusiness/
On today’s morning show we cover where the market is with respect to COVID-19. Retirement planning involved dealing with times like these. Listeners submitted great questions about the stock market direction and how different sectors may behave in the future. And we wrapped up with discussion on inflation, and how it may come into play down the road.
How long will the market slowdown last, did company stock buybacks hurt their cash position. What about the safety of annuities, could something else be responsible for the decline in the markets besides the virus?
Stock markets taking a tumble again, the Coronavirus effect, what’s the smart money saying to protect your investments, and are we headed for a recession?
The roller coaster markets, capitalism vs. socialism. Will the candidates affect the markets? Where does China fit in?
Preserving Your Wealth
WITH MIKE MCCORMICK
Mike McCormick has been delivering financial advice over the air in southwest Montana for the past eight years. It’s been a source of joy for Mike to dissect and relay timely economic concepts and concerns to a wide audience. We’ve decided to make our own podcast, discussing topics that our listeners want to hear more of!
The selloff of Feb 2018 was the first significant down day for the stock market in seven years. But it’s not rising interest rates or inflation, or even tumbling stocks that caused me to write to clients. Here, I outline larger concerns that we make sure to incorporate into long-term values based fiduciary planning.
Was the internet ever, truly secure? How we address Cyber Security is a rapidly changing task. We offer a few suggestions to help you build a lasting strategy to rest easy and handle a potential crisis.
It’s not what you make, but what you keep. Being middle income these days can mean paying lifetime taxes to the tune of more than $1.4 Million! If you are looking for a good return on your invested capital, listen to the tactics in this podcast. Remember, Mike is not a tax advisor, so bring these ideas to your CPA!
One of the greatest rewards of financial success is giving back to causes you believe in. Charitable giving from an estate can be accomplished in several tax efficient ways. We want to help you make sure that your giving plan has the maximum impact for you and the causes you support!
Typical financial advice looks like 60% Stocks and 40% bonds. But in this podcast, we introduce a new way to look at what you own, why you own it AND how to organize your assets a way that makes sense at every point in your life.