Monday Morning Money
How to Pick Funds for Your 401k

How to Pick Funds for Your 401k

November 29, 2020

A listener writes:  ""I'm trying to choose investments for my 401k. How important are the three-year and five-year returns when picking the funds? What should I be focusing on to choose the right investments?"  

To learn more, visit:  https://flemingwatson.com/how-to-pick-investments-for-your-401k/

What are the Obstacles To Your Retirement?

What are the Obstacles To Your Retirement?

November 22, 2020

Whether you are 2 years away from retirement or 20, we all face similar obstacles.  Today we'll talk about the three biggest ones and some things you can do to overcome them.

 

To learn more, visit: https://flemingwatson.com/obstacles-to-your-retirement/

 

Offered Early Retirement? Start Here

Offered Early Retirement? Start Here

November 15, 2020

A listener was offered early retirement.  There is a lot to consider before making your decision to retire—even if you weren't offered an incentive.  If you're thinking about retiring soon, and don't know where to begin, start here.

 

To learn more, visit:  https://flemingwatson.com/offered-early-retirement-start-here/(opens in a new tab)

 

To talk to a CFP® Pro, Click Here

How Could Your Taxes Change in 2021?

How Could Your Taxes Change in 2021?

November 8, 2020

How could your taxes change in 2021?  We're still waiting on election results.  But, we can look ahead to the potential changes to your taxes if Joe Biden wins the election.

To learn more, visit: https://flemingwatson.com/how-could-your-taxes-change-in-2021/

 

Can You Still Do A Qualified Charitable Distribution From Your IRA?

Can You Still Do A Qualified Charitable Distribution From Your IRA?

November 1, 2020

Can you still do the Qualified Charitable Distribution in 2020? This is a question we received from a listener. We'll tell you what a QCD is, who qualifies, how you do it, and offer a few tips.

To see more or ask a question, visit:  https://flemingwatson.com/can-you-still-do-qualified-charitable-distribution-in-2020/

Is Gold A Better Investment Than Stocks?

Is Gold A Better Investment Than Stocks?

October 25, 2020

A listener asks, "I keep hearing ads advising us to sell our stocks and buy gold or silver. Is gold a better investment than stocks?"

Gold is one of the ultimate fear assets.  When things go haywire in the markets, people tend to turn to the shiny metal.  Is it a better investment than stocks?  

To learn more, visit: https://flemingwatson.com/is-gold-a-better-investment-than-stocks/

To read the article we mention in this episode, visit: https://assetbuilder.com/knowledge-center/articles/golds-romantic-delusion

 

Should I Start my Social Security at 62?

Should I Start my Social Security at 62?

October 18, 2020

This question is from Lloyd. He asks, "I'm planning to retire in the spring when I turn 62. Should I start taking my Social Security or should I wait?"

This is a big decision. The only decision we have when we're looking at social security is when we file for our benefits.

To see more: https://flemingwatson.com/should-i-start-social-security-at-62/

Should I Use My Savings to Pay Off My Mortgage?

Should I Use My Savings to Pay Off My Mortgage?

October 11, 2020

This question is from Karen. She asks, "With interest rates so low, we aren't earning anything on our savings. I'm also worried about another significant drop in the stock market. Should I take money from my savings to pay off my mortgage?"

There are two parts to this. One is eliminating debt. The other is what is the better use of your money?

View on our website here: https://flemingwatson.com/should-i-use-my-savings-to-payoff-my-mortgage/

Is Doing Nothing the Right Thing to Do?

Is Doing Nothing the Right Thing to Do?

October 4, 2020

During a Bear Market, many investors are tempted to sell their stocks and move to cash.  Many financial advisors will tell them to sit tight, and ride out the storm.  Is "doing nothing" the right thing to do?  Today we'll share some interesting data that shows that in the last market, doing nothing was better than panicking.

To see the Vangaurd study, click here:  https://personal.vanguard.com/pdf/Cash-panickers-Coronavirus-market-volatility.pdf

To visit our website, click here: https://flemingwatson.com/is-doing-nothing-the-right-thing-to-do/

 

Can The Stock Market Predict the Election?

Can The Stock Market Predict the Election?

September 17, 2020

Can the stock market predict the outcome of the election? What about a back-to-back bear market? And, how big was the stock market drop in dollar terms?  

Learn more by visiting:  https://flemingwatson.com/can-stocks-predict-the-election-outcome/

 

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