Money Talks

Guest: Charles Mortimer, Owner/Manager at Windsor Properties of MississippiHow to make money from real estate?How to include property in your investment portfolio?Home ownershipRental propertiesFlipping housesReal Estate Investment GroupsReal Estate TrustsOnline Real Estate platforms See acast.com/privacy for privacy and opt-out information.

Our experts from New Perspectives https://www.newper.com/ help us learn all about CDs.Dr. Nancy Lottridge-Anderson, President of New Perspectives and Ryder Taff, portfolio manager at New Perspectives. Nancy and Ryder are both Chartered Financial Analysts and Ryder also holds the Certificate in Investment Performance Measurement from the CFA Institute.What is a CD?When is opening a CD a good idea?Is a 6-month CD at one institution identical to another?Where can you buy one?What’s the minimum or maximum for putting money into a CD?Do you earn a higher rate of return if you put in more money?Do CDs ever “go on sale”?How safe are CDs?Can you ever get out of a CD early?What are: Bump-up, Add-on, No penalty, Jumbo, IRA, and Callable CDs? See acast.com/privacy for privacy and opt-out information.

Open Topic November! What's in the News:If you haven’t received the first and so far only Economic Impact payment: November 21 at 3 p.m. ET Deadline to Request Your Economic Impact PaymentIf you did not:file a 2019 federal tax return,get an Economic Impact Payment,register for an Economic Impact Payment already.If that is you then, use Non-Filers: Enter Payment Info by November 21 to register for your payment.Social Security, Railroad Retirement and Department of Veteran Affairs benefit recipients who already received a $1,200 payment now have until November 21 to register for a payment for their spouse or qualifying child.You will receive an additional $500 Payment for each qualifying child you claimed on your tax return being used to calculate your Payment. Here's the criteria you should consider:Relationship to the individual who is eligible for the Payment: The child is the son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother

Listeners discussed: how to choose an advisor http://moneytalks.mpbonline.org/episodes/money-talks-choosing-a-professionalWhy she didn't shop at a particular storeWhat is fiduciaryconsumer economyclimate changethank youfair tradeanuityDo you think about this before you make purchaes:Environmental impact of what you buy – single use vs reusableImpact of what it’s made from – petroleum products vs made from recycled materialsImpact of how it’s made – child labor vs army labor vs well paid workersWhere’s it’s made – USA vs over seasPackaging – incased in disposable material vs bulk and bring your own containerCompany that makes the product – social philosophy of CEO, politicians they endorseTreatment of animals – made of or tested onAre you willing to pay more for one item over another based-on Ethics?Want vs need. Are you buying on purpose or out of habit? Money stays with you or goes to a company that you may not agree with their philosophyRather than “buying” things new buy: Secondhand, Swap, Trade, Repurp

The Top 7 Retirement Concerns for Americans in 2020 from MoneyTalkNews (no relation!) from  Retirement Confidence Index from SimplyWiseSocial Security will be gone: AARP articleOutliving savings: How to calculate RMD article and IRS 2020 rules on RMDsPaying medical bills: https://www.medicare.gov/ Health Savings Account infoPaying daily living expensesNot being able to retire at all How Work Affects Your Benefits from SSA Early withdrawal of 401K infoHaving too much debt: suggestions on paying off debtFeeling bored or lonely See acast.com/privacy for privacy and opt-out information.

Factors to take into consideration when deciding to give someone money:·      Fees, Speed, Sending amount, Where the recipient is located, Security, access to actual cashhttps://www.npr.org/sections/money/2013/10/04/229224964/episode-489-the-invisible-plumbing-of-our-economyhttps://www.mic.com/articles/192848/4-reasons-to-always-carry-cashhttps://www.usbank.com/newsroom/news/digital-payment-platforms-primed-to-topple-cash.htmlhttps://www.cnbc.com/2019/01/15/more-americans-say-they-dont-carry-cash.htmlhttps://www.nerdwallet.com/blog/banking/faq-send-money-individual/https://www.gobankingrates.com/making-money/business/9-ways-transfer-money-friends-family/1.   Cash – easiest and most obvious.       a.   About 3 in 10 Americans said they make no purchases with cash in a typical week. b.   In a survey of more than 2,000 Americans, U.S. Bank found that 50 percent of respondents said they carry ca

On this open topic show we discussed: stocksjobsonline sales holidaysstimulus checks UDATED DATE Nov. 21st 2020educational information about your budget, an emergency fund, and car buyingthe Mississippi lotterytaxes and governmentloss and gainsIRA withdrawalsHere are some links to additional information:https://www.amazon.com/primedayhttps://blackfriday.com/news/walmart-big-save-event-salehttps://www.target.com/c/deal-days/-/N-xgoljhttps://treasury.ms.gov/for-citizens/financial-empowerment/for-individuals-families/https://www.irs.gov/coronavirus/economic-impact-paymentshttps://www.irs.gov/newsroom/irs-to-mail-special-letter-to-estimated-9-million-non-filers-urging-them-to-claim-economic-impact-payment-by-oct-15-at-irsgovhttps://www.mslotteryhome.com/instantgames See acast.com/privacy for privacy and opt-out information.

Guests: Frank Coxwell and Rachel Coxwell from Coxwell Attorneys PLLC https://www.mississippibankruptcyhelp.com/We discuss what to do before you even think you might need to file for bankruptcy. Bankruptcy isn't as detrimental to your credit score or your reputation as you may think, suggests our guests.If you think bankruptcy might be on the table – now or in the future – there are 12 things you need to know now. https://www.mississippiconsumerhelp.com/12-things-you-need-to-know-now/According to our guests, bankruptcy is the most beneficial to you if you file before you lose everything or deplete your savings and retirement accounts. Why You Should Not Wait To File Bankruptcy https://www.mississippibankruptcyhelp.com/why-you-should-not-wait-to-file-bankruptcy.htmlCalls concerned:bond index fundsWild Card exemptionsContractors and foreclosures See acast.com/privacy for privacy and opt-out information.

Guests: Jackie Turner, Executive Director and Timothy Rush, Director of Unemployment Insurance from Mississippi Department of Employment Security mdes.ms.govAs soon as you become unemployed, you may file a claim for unemployment insurance benefits online or by calling 601-855-3133 or 1-888-844-3577. MDES takes phone claims Monday to Friday 7am to 7pm. You can file claims online anytime on their website.You should be prepared to provide the following information:Your Social Security number,Your complete mailing address and phone number,The names, addresses, and phone numbers for all your employers for the last eighteen (18) months,The dates you worked and the reason you left each employer.Alien Registration number or Visa number, if you are not a U.S. Citizen.ReSkillMS is a new program designed to help individuals adversely affected by the COVID-19 pandemic find jobs with better wages and also help support employers who want to hire and train new employees on the job. ReSkillMS.comThe “Mississippi Libr

Guest: Mississippi Treasurer David McRae https://treasury.ms.gov/Find Unclaimed Property https://treasury.ms.gov/for-citizens/unclaimed-property/ Learn ways to prepay college tuition or save for college https://treasury.ms.gov/for-citizens/college-savings-mississippi/What's an ABLE Account? https://treasury.ms.gov/for-citizens/able-savings-program/Find the MS Office of the Treasurer in the Trade Mart at the upcoming 2020 Mississippi State Fair October 7th through the 18th https://www.mdac.ms.gov/bureaus-departments/state-fairgrounds/fair/ See acast.com/privacy for privacy and opt-out information.

Our experts from New Perspectives teach us what the S & P 500 is, what it measures, what's included in it, and how you can buy it.Here is the website for the S & P 500 See acast.com/privacy for privacy and opt-out information.

Money Talks expert host Dr. Nancy Lottridge-Anderson explains a stock split.Listen to this podcast or watch the video https://youtu.be/LuWyZabCSKA See acast.com/privacy for privacy and opt-out information.

Expert Hosts are Dr. Nancy Lottridge-Anderson, President of New Perspectives and Ryder Taff, portfolio manager at New Perspectives. Nancy and Ryder are both Chartered Financial Analysts and Ryder also holds the Certificate in Investment Performance Measurement from the CFA Institute. https://www.newper.com/Office Address:New Perspectives, Inc.303 Highland Park CoveSuite BRidgeland, MS 39157 Phone: 601-991-3158 Fax: 601-991-3168Secure Post Office Box:PO Box 489Tougaloo MS 39174 Nancy: nanderson@newper.comRyder: rtaff@newper.com Calls and discussions about:stock marketpayroll taxescoin shortage - how to turn in coins https://coinstar.com/stimulusbuying cars?wash salesannuitiesshopping on the internetSuggestions on what to Buy in September:older iPhone modelsgrillspatio furniturelawn mowerssummer clothingdenimbicyclesmattress Money Talks: Mattress Buyingappliancesschool supplieshttps://www.nerdwallet.com/blog/shopping/what-to-buy-september/https://fabulesslyfrugal.com/best-things-buy-september/htt

Guest: Dr. John Green, Professor with the Department of Sociology and Anthropology and Senior Research Associate with the Center for Population Studies both at the University of MississippiTo be counted call the Census before September 30, 2020 at 1-844-330-2020To find out more about the 2020 census please go to their website: 2020census.govWant to play a fun Census game? https://www.census.gov/programs-surveys/sis/resources/games/quiz.htmlMississippi KIDS COUNT is the leading resource for comprehensive information on Mississippi’s children and serves as a catalyst for improving outcomes for children, families, and communities. https://kidscount.ssrc.msstate.edu/The Children’s Foundation of Mississippi is a new, independent operating foundation focused on improving the policies and systems that affect the well-being of children in our state. We were founded in 2019 to serve as a convener, facilitator, advocate, and catalyst for positive change. https://childrensfoundationms.org/ See acast.com/privacy for priv

Did you know your credit score will change this summer because of new metrics? Money Talks experts will explain what a FICO credit score is, how to obtain and understand your credit report, and take your personal finance questions.·      To order, visit annualcreditreport.com, call 1-877-322-8228. Or complete the Annual Credit Report Request Form and mail it to: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281.·      UPDATE: Starting in 2020, everyone in the U.S. can get 6 free credit reports per year through 2026 by visiting the Equifax website or by calling 1-866-349-5191. That’s in addition to the one free Equifax report (plus your Experian and TransUnion reports) you can get at AnnualCreditReport.com.Facts discussed in the show can be found:https://www.consumer.ftc.gov/articles/0155-free-credit-reportshttps://www.finra.org/investors/personal-finance/how-your-credit-score-impacts-your-financial-futureCalls and emails:t

Guest:career development manager and coach Brie Reynolds from Flex Jobs https://www.flexjobs.com/ an online resource for finding online jobs. How does flex jobs differ from other job posting websites?Benefits on working from homeHow to be successful working from homeResources for parent returning to work after taking time off to care for a child Facts on Flex Jobs dot com: Colorado is the State With the Highest Remote Worker Population (7.9%) with Boulder having the highest (14.9%). Mississippi is the State With the Lowest Remote Worker Population (2.2%) with Jackson, MS having  the lowest remote worker population (1.5%).The average remote worker earns a higher median salary than an in-office worker. And the average person can save at least $4,600 annually by working remotely.About equal percentages of men and women work remotely.Our financial experts also talked about proposed coronavirus benefits. See acast.com/privacy for privacy and opt-out information.

Hosts Kevin Farrell and Dr Nancy Lottridge Anderson and Ryder Taff discuss, current events, credit cards and take your questions.American credit card debt now exceeds $1 trillion. The average US household has $8,398 in credit card debt. 60% of Americans carry their credit card balance month to month. Coin shortage, mortgage rates, stores closing on Thanksgiving this year: everybody https://www.theblackfriday.com/stores-closed-on-thanksgiving-day.phpAccording to the website nerd wallet dot com credit score ranges are: 300-329 Bad, 630 – 689 Fair, 690-719 Good, and 720-850 means the likelihood of you repaying new debt is excellent. A credit card allows you to borrow money from a bank to make purchases. As long as you pay back the money you borrow within the “grace period” of 25-30 days, you don’t have to pay extra. If you don’t pay it back in that time period, you’ll have to pay interest — a percentage of the money you owe the bank — on top of what you borrowed. Until the passage of the Equal Cre

In addition to answering your phone calls and emails, we've got money saving tips for 2020 from AARP https://www.aarp.org/money/budgeting-saving/info-2020/99-ways-to-save.htmlAmazon Prime Day is officially delayed, but not cancelled, due to the pandemic. A new date for the typical mid-July sales event has not been announced.Mississippi's sales-tax-free weekend is coming up Friday, July 31 to Saturday, Aug. 1. Sales tax will not be due on articles of clothing, footwear or school supplies if the sales price of a single item is less than $100.Sport clothing, shoes and accessories are still subject to the 7% tax rate and do not qualify during the holiday.Layaway items do not qualify for the tax break.The tax holiday only qualifies for in-store purchases. Mail, internet and telephone sales are still subject to sales tax.In 2019, the legislature amended the tax holiday to include school supplies in the tax holiday. Electronics such as laptops or tablets are not listed as eligible school supplies. There is a long li

What is Day Trading? Is it risky? Can anyone do it?Hear Ryder and Nancy's opinions.We also talked about a cashless society / the coin shortage.Calls concerned:cashless - discriminatory?why wouldn't a store want to take cashnot all sales are belief that stock is going downbuyer bewareKatrina caused a cash only societyAccording to the new server Reuters: Major U.S. brokerages that reported quarterly results this week cheered the self-directed day trading happening on their platforms as individuals with a bit of extra money and time on their hands during the coronavirus pandemic have been engaging more in markets.      https://www.reuters.com/article/us-usa-banks-results-wealth/bored-bank-customers-flock-to-day-trading-platforms-during-pandemic-idUSKCN24I1EMAccording to the website Smart Asset dot com, here are the The Best Day Trading Apps of 2019: TD Ameritrade, E*TRADE, Robinhood, Acorns, and Acorns. The article lists 8 in total, each with their own special feature.  &n

Guest: Adam Black, Renesant Bank 601-540-0302 https://apply.renasantmortgage.com/#/loan-officers/adam.black@renasantWho is a "first time" home buyer?What are some special programs available?Do you know the difference between pre-qualified and pre-approved?How much of a loan do you qualify for vs. can you afford?What's the difference between deferment and forbearance?https://www.ms.gov/Agencies/mississippi-home-corporationCalls concerned:penalty for paying off mortgagered liningstudent getting a homeconstruction loans and mortgage RMD from IRArefinancing See acast.com/privacy for privacy and opt-out information.