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The Steve Pomeranz Show

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The Steve Pomeranz Show

Steve Pomeranz emphasizes "unbiased advice," educating and protecting listeners with money advice covering the entire financial spectrum.
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Our radio show features the advice & commentary of Steven L. Pomeranz, CFP®, nationally-respected financial adviser and "The Investors Advocate."

10/08/2024

From Yahoo Finance:

“Since July, the Biden economy has improved two notches on the Yahoo Finance Bidenomics Report Card, from a B+ to a solid A. That’s the same mark our report card gave the economy during Biden’s first month in office, in January 2021.

Our Bidenomics Report Card tracks six metrics using data provided by Moody’s Analytics: total employment, manufacturing employment, real earnings adjusted for inflation, exports, the stock market’s performance, and GDP growth per capita. In each of those categories, we compare performance under the current president with seven prior presidents going back to Jimmy Carter in the 1970s at the same point in their first term. (Here’s our full methodology.)”

09/22/2024

I guess I retired too soon.

https://nypost.com/2024/09/19/world-news/russia-asks-millions-to-have-sex-at-work-as-birthrate-plummets/

09/20/2024

Vincent Van Gogh’s final days were spent in Vernon up a narrow set of stairs in a tiny room. He spent much of his time when not painting, in a small restaurant at the bottom of those stairs.
After he died by su***de, he was buried a few hundred yards away.
The bottles, flower, car, etc. were seen on my way to his apartment and cemetery.

05/30/2024

More good news about inflation.
“It’s knives out for US retailers, with Walgreens being the latest to cut prices on thousands of its products to stay competitive.”
“In the past week, Amazon said it was slashing grocery prices at its Fresh chain by up to 30% to lure back inflation-weary customers.
Aldi has begun reducing prices on more than 250 items, which the grocery chain says will pass along $100 million in savings to customers.”

People vote with their feet and retailers are forced to adjust.

05/23/2024

The tour continues…..

05/22/2024

This may be a sign that inflation is cooling:

“Target unveiled a plan on Monday to slash prices on 5,000 items like milk, meat, and bread.
The company has already lowered prices on about 1,500 items, and this will continue into the summer.”

04/10/2024

Getting ready to hear a concert by the great Grace Kelly! I found her on YouTube and my band does a couple of her arrangements. Check her out.

04/10/2024

This is unbelievable. I went for a prescription at Walgreens and was greeted with a sticker-shock price of $860. I pulled up my GoodRx app and found it at CVS for $43. I don’t know how this insanity works, but this GoodRx system is incredible!

04/07/2024

My thanks to Phil Laskowski and Paul Kronk for a great session in the studio. Phil (left) is a sensitive and accomplished cellist and Paul is my
go-to engineer at Powerstation Studios.

02/21/2024

How I feel on some days in retirement

02/20/2024

Saw Keb Mo’ last night at Parker Playhouse. He was in the pocket for 2 solid hours. Like butta. (Musicians will know about the pocket). For the rest, think Mussel Shoals and Aretha ❤️

02/17/2024

The U.S. stock market has been on a tear recently, and I hope most of you have money invested in it.

Some of you who have invested for ~10 years may be noticing that some of their investments have doubled in value. Also, some of you may also have noticed that some of your investments have tripled in value.

There is an easy way to see what rate of return has been achieved.

Simply divide the number of years it took to double (let’s say 10) and divide it into 72. The result of 7.2%will be the compound rate of return your money has earned for that period.

There is also another cool rule of thumb if an investment has tripled. Simply divide the number of years it took to earn three times on your money, and divide it into 115. The answer will tell you what rate of return it earned. For example: If it took 10 years to triple, the rate of return is 115/10=11.5%

Fun with numbers! And for those of you who have experienced doubles or triples, congratulations to you all!

02/14/2024

Happy Valentines Day! What’s
your opinion of the message below?

02/09/2024

I am thoroughly relieved:

“Man who built Eiffel Tower with 700K matchsticks is awarded world record after all”

02/08/2024

This has got to suck

10/26/2023

I was talking to my guitar teacher who lives in Israel. This is how it went:

10/13/2023

It took me a sec but this is pretty funny

10/11/2023

I was thinking of picking up a couple of things when I was in Rome, but I realized I already had these.

Address

980 N Federal Highway, Suite 400
Boca Raton, FL
33432

Opening Hours

Monday	9am - 5pm
Tuesday	9am - 5pm
Wednesday	9am - 5pm
Thursday	9am - 5pm
Friday	9am - 5pm

Telephone

+18666663901

Website

http://www.stevepomeranz.com/

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