Money Talks - March 4, 2017

Published: March 7, 2017, 1:50 p.m.

This week on "Money Talks," Director of Research Troy Harmon, CFA, CVA, is joined by Managing Associate K.C. Smith, CFP®, and Senior Associate Jarrett McKenzie, CFP®, CWS®, to discuss interest rates and the possibility of an increase in rates in March and sector performance for this past earnings season. They also discuss the second reading of gross domestic product for fourth quarter 2016, home prices, consumer confidence and personal income. K.C. and Jarrett discuss a fictitious situation of a client who decided to invest in a "Trump Portfolio" without consulting his financial adviser. They cover the excessive fees the investor paid and how he inadvertently put himself at risk because his investment created an overexposure in several holdings. The hosts round out the show with listeners’ questions on 401(k) fees, Netflix, the choice between buying and leasing a car, and Skyworks Solutions.