Money Management with Ed Newton

Elizabeth Newton enters the Money Management Podcast to answer the age-old question: should I pay off my debt or start investing? Finding the answer to this question depends on your situation, and it can be like trying to solve a riddle, with different percentages flying all around you. Elizabeth walks us through a better formula to answer this difficult question. Learn all about it in this episode of the Money Management Podcast.

Now that the 2020 elections are fading into the rearview mirror, what do smart investors need to be thinking about?
With all of the lingering uncertainty, it can feel like making a plan is almost like throwing darts. 

In this special post-election episode, Ed offers insights for maximizing personal assets in this tumultuous time. Ed also shares tips to help adapt your portfolio for possible future scenarios with the CARES Act and the presidency.  And as always, Ed draws on his 30+ years of financial expertise  to offer historical context for the present and future direction of economy. 

Get some peace of mind in episode 11 of the Money Management Podcast.

While we don't usually record a podcast for every new piece of financial market data we come across, this one seemed especially important. Existing home sales rose in August for a third consecutive month, hitting a new high that hasn't been seen since 2006, before the financial crisis. Sales collapsed from February to May as Coronavirus panic set in, so this full recovery is a great sign of the housing market's resilience. Get all the data and more in episode 10 of the Money Management Podcast.

This is part 2 of a podcast called "Election 2020". In part 1 of this podcast, we looked at the economy and tax policy under a Trump or Biden presidency. In this podcast, we will continue looking at the expected differences between the two candidates and how they might affect stocks, healthcare, and more. Listen to the second part of Ed's 2020 election analysis in episode 9 of the Money Management Podcast.

The elections matter to all of us, as citizens and investors. Presidential election results drive policies that help shape our economy, the markets, and our lives, so it's important to think about what they outcome might mean for our wallets. And it's not just the presidential election that matters! Listen to the first part of Ed's 2020 election analysis in episode 8 of the Money Management Podcast.

Not since the 1960s and '70s has the United States experienced social upheaval like we are experiencing today. Between protests, political polarization, and a virus that's creating an acceptance of economic shutdown, things have never been so volatile. Listen to Ed's analysis of our current situation in episode 7 of the Money Management Podcast.

In this episode, Ed reviews precautions that were taken due to Coronavirus and goes through some important stats showing the progress of our country since the beginning of the COVID-19 crisis. Is the economy starting to recover yet? Learn the answer to this and more in this episode of the Money Management Podcast.

It's been a few weeks since we've uploaded a podcast, so we're updating you on our outlook for 2020 and looking forward to 2021. The global pandemic threw off our projections, but we're updating them as new information is available.

The pandemic has surprisingly benefitted some companies, especially large technology firms and big-box retailers that have been allowed to remain open. Get the full analysis in this week's Money Management Podcast.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law this past Friday, March 27th. This piece of legislation aims to help workers, families, and small businesses first and foremost. In this podcast, Ed goes in-depth on what you can expect now that this act has been finalized.

This is a very common question. The answer? It depends. Age, current savings, pensions, and social security are all important factors. Listen to this episode for a detailed breakdown of how much you need to save to achieve a worry-free retirement.

In this maiden voyage of the Money Management podcast, meet our host, Ed Newton, as he puts things into context to help us understand when and where we are. Reflecting on the technological and financial highlights and surprises of the last few decades, we are reminded that the future is not always predictable, but that we are living in one of the best possible times to be alive. 

Ed shares some best practices around required minimum distributions (RMD). RMDs can be tricky to navigate,  and if you are around the age of 70 you need to be aware of potential penalties for not taking your RMD. These RMD penalties can be as high as 50% of the amount not taken. 

Ed also has some good news about increases in 401K and profit-sharing plan contribution limits for the new year– most people will see an increase in allowed contributions. Find out if YOUR contribution limit for your retirement or profit-sharing plan has been increased!