Money Talks: Financial Acronyms
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.
- 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 strategy
- What's an Index Fund?
Money Talks: Secondhand Wardrobe
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.
Money Talks: Credit Reports and New FICO Score
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:taxescredit scorebalance transferscredit repairstudent loans
Money Talks: February Open Topic
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