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NetWorth Radio


The unique NetWorth Radio broadcast delves deep into the most important headlines and the actual meaning for investors. Interviews with nationally acclaimed authors and Dallas business leaders bring to life investment strategy in a unique and exciting format. The author of two books and 31 investment articles, Spencer is a Certified Investment Management Analyst who manages portfolios for successful families.

Aug 8, 2014

Click here for this week's charts.

  On July 17th the Dow hit an all time high of 17,150. This week, the summer swoon in equity prices took the index below 16,400. While only a 4% setback, the result is loss year to date of about 1%. Anxiety levels have increased for many investors wondering if a severe correction is possible. While the answer is yes, it appears current conditions lack the ingredients to whip up a full scale crisis. Dow Jones Industrial Average (INDU) - YTD 


Good News in Texas!

  • Eagleford and Permian Basin Blockbuster Earnings Reports
  • While shale production ramps up, the dangers of capital expenditure commitments and potential oversupply are closer than before.

Success Stories:

  • Should you buy long term care insurance?
  • The answer may rest in where you want to be when you are 90.
  • On the shore of the lake, two senior couples living side by side in a continuing care retirement community are enjoying the model landing place. A great view of the lake, independent living in townhomes with access to a great dining room, daily activities with friends, and assisted care if needed.

Profit Report Book Report

  • Will high frequency traders cause another flash crash?
  • Flash Boys! Michael Lewis’ new book featured on 60 minutes led to a national debate about high frequency traders.
  • Alex Tollen gives us his insights into the book and the meaning for us as investors.

Spencer McGowan interviews Alexander G Tollen, Director of Client Development and Equity Trading at MGAM

Alex brings with him over 20 years of experience in the financial services industry. In 2013 he earned the designation of Certified Private Wealth Advisor® delivered by Investment Management Consultants Association (IMCA) at The University of Chicago Booth School of Business. He serves as a client advocate and advanced solutions specialist responsible for outreach and development. Prior to joining McGowan Group Asset Management, he served as Director of Client Relationship Consulting for 1st Global Capital Corp., responsible for client advocacy and creating efficiencies for firms with combined assets over $900 million. Alex has also served as an institutional trader and market maker with specialties in equity market structure and execution of strategic initiatives. Alex holds the Series 7, 24, 55, 63, 65 and the Group One Texas Insurance license.


Planning Tip of Week

  • Hey Einstein! What are all those letter after you name?
  • A comprehensive discussion from financial industry insiders on what all those letters mean and which designations your planner should have. Here is a clue: we believe it takes a team.
  • What Comes After CFP Certification? Finding Your Niche Or Specialization With Post-CFP Designations. Read more
  • The McGowan Group is comprised of talented and caring financial services professionals with extensive experience and diverse capabilities. Their distinctive insights allow us to best meet the ever-more-complex needs of our clients. Meet The Team

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SUMMER PLANNING SEASON FEATURE: 12 KEY ACTIONS TO TAKE BEFORE RETIREMENT

12 KEY ACTIONS TO TAKE BEFORE RETIREMENT