Straight Talk Wealth Radio

No one can tell the future, right? Well frankly, your financial advisor will be made or broken on whether they can just do that! In this episode, Bruce goes into why it is so important for financial advisors to buy their own BS, but rather, to always question and doubt. Bruce looks forward to ask "Is the next Recession of 2024 coming, or has the government and the Federal Reserve made it all...

This week I came into the KVTA Ventura studios and decided to broadcast live and take calls. I really want to know what YOU want to hear about!  I started to get into David Stockman and the difference between how the markets and economy appear and what Mr. Stickman thinks they're really doing. BUT...the phones kept ringing and YOU ALL are much more interesting. Well, some nice ladies called i...

There's a feeling out there that the investments markets have weak underpinnings, and that soon, the tides will change. Maybe. But do you understand why some pundits feel that way? With historically low unemployment, high prime-age workforce, and so thereby monetized consumers, what could go wrong? Extreme global levels of debt. That's what. Now, I'm not declaring any doomsday or re...

After a lifetime of accumulation of savings and wealth, for retirees the entire games changes to the spending of wealth . So how does your portfolio provide for you then? In the past retirees have leaned heavily on income producing assets, such as dividends and bonds. Dividend payments have particular frailties. They're never guaranteed and, as shown by  the 2018 collapse of telecom dividends...

If what Alan Greenspan says is true, we are heading into a whole new uncharted world of financial planning and asset allocation. In this episode hear Alan Greenspan in Sept of 2019 declare: 1.) The US GDP is driven by the US Stock Market! (The OPPOSITE of how it has ever been). 2.) Negative Interest Rates WILL COME to the U.S. It's only a matter of time! This changes absolutely everything for...

We've never covered this topic before, but every single person age 64 1/2 should be paying close attention. Medicare rules are changing. Rates are changing. Benefits for Medicare Advantage and Medicare Supplements are changing. This week, Bruce brings in Ventura's leading Consultant on Medicare, Jessica Jones, to discuss why your Medicare coverage is NOT something you stop paying attenti...

As the US Economy achieves it's longest ever period of expansion, only one of two great stories can be told! Overloaded with private and public debt, and a decade of stimulus, we will soon see the greatest bubble burst in all of US History. The Federal Reserve has done a phenomenal job, the economy has never looked better, America is the greatest economic engine in the history of The Western...

The core issue of this macro-economy, the driver of every tactical investment decision boils down to whether we have inflation or deflation ahead. That single issue affects stocks, bonds, banks, real estate and metals. No single investment choice can escape this fulcrum of balance in the economy. In this episode Bruce discusses the ongoing pressures in each direction. How do things look under seve...

The U.S. economy is currently in the midst of the longest expansion in history. But for retiring Boomers, or those near retirement, it's not about where we've come from, but about where we're going! Boomers don't have any room left for another decade of mistakes in their saving or investing strategy. Of course, there are only two answers - Growth or Contraction. And if you&apos...

In anything you're trying to master, the fundamentals of the subject are the first thing to fully grasp and become comfortable with. Baseball? Practice your hitting, fielding, double-plays, over and over and over again, and you've got a shot at winning games. Musician? Practice your scales, arpeggios, and chord structure to get good at your instrument. So what are the fundamentals of Ret...

How much of your cash is earning less than 2%? That's easy enough to fix! In this episode Bruce shows how just getting small increases in your interest bearing savings accounts makes big returns over not so much time. Learn how to turn your money in 0.5% CD's at the bank into something better with 2%, 2.5% or even 3.7%.   Learn how to get the fees out of your savings account! Learn about...

How much of your money is earning less than 2%? That's LAZY MONEY and there is no reason for it! Too many people are sitting on huge sums of cash earning practically nothing, only because they can't strategically make up their mind on how to build their portfolios for Income, Growth, and Liquidity! In this episode Bruce demonstrates that the cost of getting paltry interest rates on even...

WARNING: Your stock and fund broker would prefer you did NOT listen to this episode of Straight Talk Wealth Radio! The fact is that there are 3 key erosion factors to any retirement portfolio that your wealth manager might be able to guess how to manage against, but they can never guarantee the outcome. If you live too long, or if you plan on a portfolio withdrawal level that you think is reasonab...

Presently, !0,000 Baby Boomers A DAY turn 65 in the U.S., and it will continue until the year 2030! At that time there will be more people old people (over 65) in the U.S. than young people (18 and under) for the first time ever in the history of the country! Stats show that 7 out of 10 retirees will need Long Term Care (LTC) support services at some point in their retired life. Then this from the...

Annuities are LONG-TERM contracts!  And annuity salesmen are well-trained to always "Sell the Sizzle"! They talk about great features, but omit the details. How long are your funds tied up? What benefits do you think you are getting for that? Why would your annuity salesperson show you just one or two models when there could be dozens to consider? What's your purpose for buying the...

This week's show is going to rattle some cages!

Our first Episode back on the airwaves at Newstalk 1590 KVTA, Ventura, CA since 2016! Bruce discusses what is new in the ALL NEW Straight Talk Wealth Radio! This week, featuring the ongoing Wall Street Journal series about retiring Baby Boomers, entitled "The Unprepared". Bruce excerpts the first article in the series and discusses how Boomers are unprepared, and some techniques to help...

California State insurance regulators have acted to remove some of the best performing annuity products from the California market starting on 1 January, 2017. I have never seen this much warfare against American Savers since Ben Bernanke destroyed the interest rate market to force retirees back into stocks, no matter the risk. Folks, there is a WAR going on between the Wall Street Casino Machine,...

For decades the world has been marching deeper and deeper into the globalization solution. NAFTA, the Euro, the rise of China,the TPP, etc, etc. But there have been repercussions, from the loss of manufacturing in the US, to the Euromess to clean up the debt-ridden southern European countries by Germany and the other northern European countries. And now, in the mid-twenty teens, the tides are chan...

Breaking News about the The Global Banking Crisis 2.0 in this show! European Debt levels show massive private sector bank debt with massive loan non-performance, and tells us how Europe will become a Global Crisis that will swamp Mario Draghi. And Janet Yellen won't be able to do a thing about it. Bruce then tells very specifically the tactical changes you need to make in your retirement port...

This episode opens with a review of Jon Hilsenrath's Wall Street Journal article about the failures of the Federal Reserve to revive the economy and the question of whether they really know what they can even do about it in the end. Then Bruce turns right back to "What do you DO about it?"

Bruce got tired of telling you that things are going to change. In this episode he starts telling you more explicitly what to DO about it in your own portfolio.

JANUARY 2016 - Three major events were hurling markets down 10% in single month! The China Bubble, The Oil Glut, The Fed is Out of Bullets! And as fast as they rattled the markets, 5 months later it seems that these concerns are a distant dream. Are the stories gone? Are we back on a year of growth? Or will China and Oil come back to haunt us again in the foreseeable future? This show features key...

In the lead up to our Oxnard event on June 25th, hear an exclusive interview with economist Harry S. Dent. Bruce asks Harry about why the markets calmed after January 2016. The China Bubble, The Oil Glut, Fed Reserve out of bullets. Did these stories just go away or are they still major risks today?

For your listening enjoyment!