Money Talks

MPB's Money Talks discusses the stock markets' reactions to the 2020 Corona virus ramification.Market circuit breakersOil and gas futuresAirline change feesFees for financial advisersMortgage ratesRyder Taff mentioned the Wall Street Journal article about circuit breakers.https://www.wsj.com/articles/traders-closely-watching-circuit-breakers-thresholds-11583761223Here's another article about circuit breakers:https://finance.yahoo.com/news/7-plunge-p-triggered-trading-062630195.html See acast.com/privacy for privacy and opt-out information.

What's going on with the 2020 stock market?! Our Chartered Financial Analyst takes questions and talks about uncertainties and personal finance. Ryder Taff from New Perspectives Check the background of this investment professional on FINRA's BrokerCheck.Joshua Ryder Taff CRD# 6009566Calls concerning:Aggressive investing during retirementPaying off a mortgageInvesting in the stock marketWhich explanation for the term"bear" market do you like best?Bearskin sellerBear claw attackBare bulletin board See acast.com/privacy for privacy and opt-out information.

Nancy and Ryder often give advice on what to do with your money. Today they’re going to remind you what you might NOT want to do with your savings, investments, or retirement funds. They also take other personal finance questions. Precious metalsCryptocurrencyRecent stock market dropYoung adult's debtNo credit scoreGinny MacFree IRS filinghttps://www.irs.gov/https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-freeIncome $69,000 and Below     Free File Online ProductsFile your taxes with free, easy to use softwareFree state return options are availableUse the Free File Online Lookup Tool to find free federal and free state return options See acast.com/privacy for privacy and opt-out information.

It's National Second Hand Wardrobe Week February 9th - 15th!Guests from various types of stores -Thrift: Michelle Hatfield, Community Relations Director for The Salvation Army - Jackson https://salvationarmyalm.org/jackson/family-store-salvation-army/Consignment: Parker Wilkinson, Store Manager for Repeat Street, Jackson https://www.repeatstreet.net/Pawn: Monique Worthy, Store Manager for Plato's Closet, Ridgeland https://www.platoscloset.com/location/ridgeland-ms/Our hosts also talked about the exchange of clothes through Classified Ads such as Facebook Marketplace or eBay. See acast.com/privacy for privacy and opt-out information.

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

We covered a lot of material on this broadcast!Where does $100,000 in retirement savings last the longest? Mississippi https://money.yahoo.com/retirement-savings-states-165907606.htmlPowerball and Mega Millions lottery tickets go on sale Thursday, February 20th 2020 in Mississippi.https://www.mslotteryhome.com/We did an episode about the lottery in Mississippi (link to come)and an episode about winning the lottery (link to come)Our recent show about getting your taxes done early (link to come)What TO BUY in February:tvs and electronicfurniture and applianceswinter apparel and geartax softwarejewelrychocolate and other valentine's merchandise including flowersWhat NOT TO BUY in February:spring clothestraditional valentine giftsgym membershipstravel - exception cruisesluggage See acast.com/privacy for privacy and opt-out information.

Our experts from New Perspectives discusses with host, Kevin Farrell, the SECURE Act.Increased the required minimum distribution ageIncreased the maximum contribution age No more stretch IRAsAnnuities in 401(k) plansBirth or adoption of a childStudent loan debtMultiple employer plans for small businessesEncouraging auto-enrollment in retirement plans by employershttps://waysandmeans.house.gov/sites/democrats.waysandmeans.house.gov/files/documents/SECURE%20Act%20section%20by%20section.pdf See acast.com/privacy for privacy and opt-out information.

January is Financial Wellness Month, Get Organized Month, and Tax Identity Theft Week - January 27 - February 2, 2020Internal Revenue Service announced last week that the official opening day of the 2020 tax season for individuals will be Jan. 27Reasons to file tax returns as soon as possible:Avoid tax identity theft: Tax Identity Theft Week - January 27 - February 2, 2020. This fraud is particularly worrisome because the legitimate taxpayer may have no way of knowing that fraud has been committed. The scam only works for returns that haven't been filed by legitimate consumers, so fraudsters are highly motivated to file as early as possible.Ways to prevent Tax Identity Theft:File earlyReview your credit reports for suspicious activityProtect your personal information – don’t provide a Social Security number at businesses; ask if another form of ID is acceptableCheck your Social Security earnings statement to see if anyone is using your numberInstall antivirus software on your computersChange your passwor

Is your IRA   made up of CDs, LLCs,        or invested in the NASDAQ? Do you pay PMI            on your FHA loan? What do all these acronyms mean? Our CFAs         talk about some of these questions and take your personal finance calls.Calls: What affect do recent events have on oil company stock prices?How much of one company's stock to hold in your portfolio?When to take retirement account required minimum distributions (RMD) in light of the SECURE Act ( Setting Every Community Up for Retirement Enhancement)Listener wants to decide when to retire and how to change their investment strategyWhat's an Index Fund? See acast.com/privacy for privacy and opt-out information.

Guest, Ray Higgins - Director of PERS This podcast has information about PERS for retirees, those close to retirement, and those employees still working with retirement in the future. You could read the Public Employee Retirement System of Mississippi handbook, or listen to MPB’s Money Talks broadcast and podcast with the director of PERS, Ray Higgins. You’ll get a good understanding of how PERS benefits state workers and retirees. Contact PERS at their statewide number: 1-800-444-7377 or email them at their email address: customerservice@pers.ms.govWebsite: pers.ms.govDepartment of Finance and Administration for Mississippi: Health Insurance for Retirees http://knowyourbenefits.dfa.ms.gov/ See acast.com/privacy for privacy and opt-out information.

How do our financial indices compare to last year or 10 years ago? What do these financial terms mean?inflationcollege loansstocks bonds See acast.com/privacy for privacy and opt-out information.

Our discussion is about charities this week.Where to Give on this Giving Tuesday.Everyone hopes that the organization to which you donate money is a reputable group.In Mississippi, The Charities Division of the Secretary of State’s Office is responsible for the registration and regulation of all charitable organizations and fundraisers who solicit contributions in Mississippi. The division is also responsible for the investigation of charity complaints and/or violations to the State’s charitable laws.Each year, the Secretary of State’s office kicks off a “Check your Charities” campaign during the holiday season. We encourage Mississippians to check their charities with the Secretary of State’s Office before they donate. Mississippians are some of the most generous in the nation, and the secretary of state’s office urges you to check your charity to ensure your hard earned dollars are wisely spent.​​The website for the Secretary of State of Mississippi is       &nbs

Things to buy in DecemberGift cardsChristmas decorations (after Christmas)ChampagneWedding dressesGolf clubsCookies: National Cookie Day - Dec. 4New carsOne list had TO buy Jewelry, one list said DON’T buy Jewelry. Things not to buy in DecemberHigh-end electronicsExercise equipmentBeddingTips for Black Friday shopping:·      Black Friday Sales have already started. Some of the best discounts are: iPads, Apple Watches, TVs, and headphones, but also air fryers, vacuums, Instant Pots and DNA kits also joining the Black Friday mix.·      Retailers want to entice shoppers into stores in the hopes they will purchase more – so that is why for some of the best deals you do have to go in person.·      Black Friday isn’t just on the Friday after Thanksgiving. Many retailers are starting their Black Friday sales earlier and earlier with some offering steep discounts as soon as Wednesday. ·      Try onl

Nancy and Ryder talk about financial matters the week before Thanksgiving. (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/ See acast.com/privacy for privacy and opt-out information.

Our guest: Keith Dean, Board member on the MS State Board of Funeral Service and a Funeral Director in Mississippi with Dean Memorial Funeral Home.https://www.deanmemorialfuneralhome.com/Website information with resources: https://funerals.org/ or https://www.nfda.org/ See acast.com/privacy for privacy and opt-out information.

Guests: Sharon Person discussing MPB's Nov. 20th Hiring Event and Adam Todd, Director of the Governor’s Job FairUpcoming events:Forest Area Job Fair 201911/7/2019 9:00 AM - 12:00 PMNational Guard Armory 300 Frontage Rd.Forest, MSSouthwest Regional Workforce Training Center Job Fair Nov. 201911/12/2019 9:00 AM - 1:00 PMSouthwest Regional Workforce Training Enter 1146 Horace Holmes Dr.Summit, MSAmerican Graduate Job Fair 201911/20/2019 9:00 AM - 2:00 PMMississippi Public Broadcasting 3825 Ridgewood RdJackson, MSMeridian Area Job Fair 20202/6/2020 9:00 AM - 1:00 PMTommy E. Dulaney Center 915 Hwy 19 NMeridian, MSFlowood Chamber Job Fair2/11/2020 10:00 AM - 1:00 PMThe Ivy Venue, 1170 Luckney Road Flowood, MississippiFlowood, MSGovernor's Job Fair Network of Mississippi: https://www.jobfairs.ms.gov/Pages/home.aspxMore employment information and assistance at the Mississippi Department of Employment Security http://mdes.ms.gov/win-job-centers/Listen to a previous Money Talks: Win Jobs Center: http://mone

Guest Bridgette Wiggins, Director of the Attorney General’s Consumer Protection DivisionEveryone needs to protect their financial interests. Seniors might need a little help. We learn warning signs of Senior Financial Abuse and types of scams that are going round.  Scams on the Office of the Mississippi Attorney General's website: http://www.ago.state.ms.us/victims/scams/https://www.napsa-now.org/get-informed/exploitation-resources/http://www.ago.state.ms.us/wp-content/uploads/2014/04/seniorfinancialabusehandbook1.pdfhttp://www.ago.state.ms.us/wp-content/uploads/2013/08/seniorfinancialabuseguide.pdfATTORNEY GENERAL JIM HOOD WARNS MISSISSIPPIANS OF A RECENT SPOOFING SCAMNovember 20, 2015Attorney General Jim Hood is warning Mississippians today of a phone scam that challenges even the savviest consumer. “Scammers realize that consumers are much wiser and more likely to reject calls from unfamiliar numbers,” said Attorney General Jim Hood. “They use caller ID spoofing technology to impersonate a

Guest, Shawn Mercer - District Manager for the Social Security Administration.We had MANY listener calls dealing with when to select to draw income; can you draw from a divorced, ex-spouse's record; what if you didn't contribute to SS through your job.Website: https://www.ssa.gov/Phone: (800) 772-1213 See acast.com/privacy for privacy and opt-out information.

Friday, October 18, 2019Let The Sunshine In!For quite a while, I’ve been interested in solar. Fifteen years ago, when I began investigating, there was no one in Mississippi selling or installing solar systems. It seemed just a pipe dream.Lately, more and more companies are popping up to provide this service. So I decided it was time to get serious. The other thing that pushed me to pursue this option was the lucrative tax credit offered on a solar installation and the fact that this credit was disappearing at the end of the year.I had to convince my husband to go down this path. Wouldn’t the panels on the roof of our house detract from its appearance? Would future buyers really care about having solar panels? Did this really make financial sense?https://www.nerdwallet.com/blog/finance/save-money-putting-solar-panels-roof/We met with two different companies. The first was all sales. There was no schematic showing where the panels would be located. No spreadsheets showing usage and payback period. Just a promis

Eleanor Laise, Senior Editor from Kiplinger, is our guest expert leading the discussion of Medicare.Here's the link to a recent article that Ms. Laise wrote: https://www.kiplinger.com/article/retirement/T039-C000-S004-navigate-2020-medicare-changes-open-enrollment.htmlWe had a lot of websites and phone number given out. Here they are for you to read:1-800-MEDICARE (1-800-633-4227)You can also get information on your most recent claims without having to speak to a customer service representative. Please be sure you have your Medicare number available before calling. • Listen to the status of your claims. • Find out your current deductible status. • Listen to your current prescription drug plan enrollment. • Get more help with your Medicare questions. • Order Medicare publications. (Some are available in large print, Spanish, audio-tape, and Braille.) You can hear a recording with answers to frequently asked questions, and can order publications 24 hours a day, 7 days a week. You can talk with a customer s