1) An Ugly Q3 for Markets There’s no way to sugarcoat it—Q3 was downright ugly for the financial markets. Stocks here at home and abroad suffered significant losses during July, August and September, and that was due to global growth woes and the lack of clarity from the Fed on interest rates. On Friday, the September employment report gave markets even less confidence about the strength in the economy. So, how did markets shake out this week, and this quarter? Find out all of the ugly details in today’s leadoff podcast segment. 2) What Should You Do with Cash? Many of my current clients have a LOT of cash in the bank, and that money is earning zero interest in a money market fund. So, are there cash alternatives out there that are both low risk and much better than a money market fund? Yes, there are. In today’s second segment, I cover some of the ways you can get a little more juice on the cash you hold. 3) Do You Have a Succession Plan? We all like to think we’re going to live f
