Claim OwnershipThe Jon Sanchez Show
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Today's most important financial topics and market news
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When we are young, we can afford to take risks. Whether it’s in the stock market, real estate or in business. As we get older and closer to retirement, usually it is prudent to “dial back the risk” a bit, especially if we are within 5 years of retirement. We continue our discussion of our 5 years until retirement checklist to make sure you have it all covered.
Studies have revealed that there is a large portion of the population that is contributing to the housing shortage. The group I am referring to are Baby Boomers. According to Redfin, about 28% of all US homes that have three or more bedrooms are owned by this group…and they are not moving for various reasons. We’ll discuss what this group means to the housing market currently and for years to come.
When we are young, we can afford to take risks. Whether it’s in the stock market, real estate or in business. As we get older and closer to retirement, usually it is prudent to “dial back the risk” a bit, especially if we are within 5 years of retirement. We’ll review our 5 years until retirement checklist to make sure you have it all covered.
Investors have been on edge this week. From the events in the Middle East to fed commentary. For the week, the major averages finished in the red. But there is at least one bright spot…..corporate earnings. Tonight on the Jon Sanchez Show at 5pm, we’ll review the week on Wall Street and tell you our opinion on “what the market is telling us”.
You hear us talk frequently about our local and national housing shortage, the bidding wars and 7% plus mortgages. What you don’t hear us mention is how the hidden costs of homeownership are skyrocketing. Last year, homeownership affordability fell to its lowest level since the 1980s, according to the Wall Street Journal. So what are these hidden costs for you to factor into your budget? We’ll let you know, tonight on the Jon Sanchez Show.
The term “higher for longer” is being used more frequently these days, especially after last week’s inflationary data. Today, we witnessed another significant increase in bond yields plus the tensions in the Middle East. With these two factors, what areas of the market are doing well and which ones should you avoid? We’ll answer that for you.
Today we received the much-anticipated CPI report for March that was higher than market expectations causing concerns about higher inflation and higher interest rates. We will discuss today’s move in the markets and set the table for what to expect later in the week.
Today we received the 2023 Letter to Shareholders from JP Morgan’s CEO, Jamie Dimon who highlighted his views of the world and investing landscape at this time. We will discuss his Annual letter and set the table for the week ahead.
The markets have digested quite a bit of data this week, most notably today’s Jobs Report for March. We will recap the week and highlight what this market is telling us.
You’ve heard us discuss many times the importance of disclosing items and events when selling your home. One person may think it’s not a disclosable item when the law says it is. As a matter of fact, many real estate professionals and sellers have been sued for not properly disclosing things. We’ll review the top 15 items that you must be disclose when selling a home in Nevada.
A question we often hear from both clients and prospective clients is, When Does a Roth IRA Conversion make sense? We will tackle this question and provide you with some guidance to help you with this important decision.
3/27 - What is an Inherited IRA
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