Money Talks – June 27, 2020

This week on “Money Talks,” your hosts discuss the market’s choppy moves during the week, housing news, and interest rates. The financial experts also answer the top three investor questions we get: Should we sell now? How do I position my portfolio for a presidential administration change? Why is the market so good if the economic news is so bad? The hosts round out the show by answering listeners’ questions on coronavirus-related withdrawals from a Roth IRA and the new method the government is using for distributing Economic Impact Payments.

Money Talks – June 13, 2020

This week on “Money Talks,” the hosts discuss the market’s sharp pullback after Fed Chairman Jerome Powell’s statements mid-week. They also look into how both households and businesses need to prepare for periods where income isn’t guaranteed. The experts round out the show by answering listeners’ questions on withdrawing funds from an IRA and Warren Buffett’s strategy with Berkshire Hathaway.

Case Study: Overcoming Loss Aversion and the Desire to Sell When the Market is Down

If we were playing a game and were to offer you a choice of a sure win of $50 or, on the toss of a coin, a chance to win $100 or nothing, while the probabilistic outcome (50% probability of $0 plus the 50% probability of $100) you would likely choose the guaranteed $50 according to scientific studies. After all, it’s a sure thing—you win. But let’s say we change the rules in the second round, and we offer you a sure loss of $50 or, on the toss of a coin, the chance to lose $100 or lose nothing at all, again the same -$50 probabilistic outcome. What would you pick?

Money Talks – June 6, 2020

This week on “Money Talks,” the Henssler Experts discuss the market’s year-to-date performance and the one-year performance. The financial experts have an in-depth discussion on loss aversion and how investors have to fight human nature to avoid selling at the bottom and buying at the highs. The hosts round out the show answering listeners’ questions on Walmart Inc., required mandatory distributions, and Roth conversions.