Choosing Investments, Career Choices, Long-Term Care, Pensions and Social Security, Listener Questions – MTI149

We’re opening up the mailbag with your letters about long term care, social security, choosing a career, and picking investments.

Steph asks if Long Term Care Insurance should be part of her financial plan? If so, what is a good age to take out a policy and what should I be looking for?

Chris wants to know what makes a Leveraged ETF leveraged?

Roberto brings us back to a previous episode where we talked about using debt as a tool to invest. Leveraging debt multiplies risk and could lead to bankruptcy – and we completely agree! Thanks for helping us clarify that.

Will’s Australian employer pays 9.5% of his pay into a retirement account. He is 23 years old, so what options should he select?

LC had a great question: “Can you use the same tools that identify good stocks to identify if the company would be a good employer as well?”

Craig is rocking his savings. For the past few years Craig has been dollar cost averaging $200 a month into a taxed account. It has grown to $100,000. The account has .7 to .8 percent in management fees. Should he move the money into an account with lower fees or begin funneling the $200 a month into a lower cost fund?

Thanks to everyone who has sent in questions.

Don’t stop! Send us your questions for a future Listener Letters episode.

 

Today’s episode is sponsored by BUZZ Index

Proudly sponosred by Buzz indexes (BUZ on the NASDAQ)

 

Today’s Panelists

Linda P. Jones | Be Wealthy and Smart
Doug Goldstein | Rich as a King
Miranda Marquit | Adulting.tv
Devin Carroll | Social Security Intelligence

 

For a quick bio of each of our show participants, head on over to our panelists page.

About our sponsor, BUZZ Index

Ever wonder if there were a way to capitalize on all of that online chatter made by millions of investors on social media? Well, your wait is over, because now advances in Artificial Intelligence and Natural Language Processing technologies are at your fingertips…. even if you personally don’t use social media! The BUZZ Index, licensed to an exchange traded fund and trading under ticker symbol BUZ, provides investors with a portfolio of securities that delivers a basket of large cap U.S. equities exhibiting the highest degree of positive investor sentiment. No surveys. No guessing. BUZ only tracks what’s volunteered – and if you ARE online, you know that a lot of information is volunteered: millions of posts, comments and blogs are analyzed each month!

Here’s how it works:. First, BUZZ targets the most mentioned large cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.

Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.

Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.

Proudly sponsored by Buzz indexes (BUZ on the NASDAQ)