Page 30 - Iras News Today

♪ all right. there are just four days left in 2016 and that leaves just enough time to make some changes so you can save more this year when it comes to your taxes. >> here with the money moves you can make now to increase your tax return is owner of the marks group cpa, gene marks. good morning to you. >> good morning. >> you start by saying sell off losing stocks. >> you know how they go to the tax guy at the end of the hour. nobody wants to hear it. right now, the stock market has done we...

Capping it off on friday, the dow had its largest five-week percentage gain, rather, in more who kicks off prime time every night on the fox business network -- >> yes, maam. kennedy: business is obviously good. what does this mean for donald trump and what does it mean for the country? >> for donald trump it means millions of people will be sending him personal thank you for what they have seen happen to their iras and 401 company. s and their investments. it is extraordinary are. without quest...

Lea: its been a lackluster year for u.s. stocks and perhaps your bottom line. investors usually plan on the santa claus rally toanlds the year, but maybe not this year. reporter: when we talk about your bottom line, looking at our 401ks and iras, this could be the down year we havent seen since the financial crisis. we have had low commodity prices. oil sold off. a strong u.s. dollar that hurt some of our big multi-national companies, and corporate profits that have been hit. we saw oral at $34 ...

Get some sort of knee-jerk reaction that is your money, 401(k)s and iras but most of the big guys, strategists by the end of the year start to trend higher. >> thank you and say with fox. we have that announcement when it comes this afternoon. >> california neighborhood gets a shock when a plane lands on the street. the small piper cherokee making an emergency landing with pilot and several students on board. the pilot part of the plane right there on the edge of a row. no one was hurt, no homes...

Hi, im richard lui. a hacking at the iras first disclose in may may be worse than disclosed. the data of 114,000 taxpayers was compromised but the breach may have exposed the info of more than 330,000 people. shell has been given final approval to drill for oil off the coast of alaska and the u.s. is extending condolences to taiwan. unclear if the blast is related to terrorism. now back to "hardball."

Their own situation, they feel more positive than before. >> why is the number about the economy slipping? >> i think you saw a big swing from last month on that. part of that reflects peoples i.r.a.s. the stock market was way down. i think the numbers, overall, are good for president obama and democrats generally. i think the trump phenomenon is really you know really going to -- probably really upsetting republicans. donald trump is really on the margins of the political discourse. >> before y...

Is, should we be saying, uh-oh, or what? >> i think he is signaling to people this is the next looming crisis because what happened in the thirst for yield is you have spreads of super tightened treasury so all the high-yield debt is tightly packed around the treasury now and when that starts to unwinds assuming interest rates get back to normal could have a powerful impact -- >> why is that bad? >> because what happens is the yields of the tress riz are going up. i dont need the junk bonds anym...

Im not good with opening them, obviously. how many did you want? >> this is a huge investment. i need at least seven figures to get started but its i took everything i had, 401s, iras, every last bit of savings and dropped into the this believing it would be a huge return on my investment down the road. so right now unfortunately we are buying wholesale and profit margins arent as great. not only that but the quality control. were not able to control what we grow, what strains we have, how its t...

Im not good with opening them, obviously. how many did you want? >> this is a huge investment. i need at least seven figures to get started but its i took everything i had, 401s, iras, every last bit of savings and dropped into the this believing it would be a huge return on my investment down the road. so right now unfortunately we are buying wholesale and profit margins arent as great. not only that but the quality control. were not able to control what we grow, what strains we have, how its t...

Alcohol prohibition mean to that generation. dynasties, right? >> i took everything i had, 401s, iras and dropped it into this. >> every state is looking at this. this demand is really greater than the supply. ? were going to do 12 million. ? im talking all chips in. >> i hate to fail. ? we want to be the costco of marijuana. ♪ >> you can see pot barons of colorado right after this program on msnbc. that helps you sleep easily and wake refreshed.