Ed Butowsky joins Fox News this past weekend to discuss the topic of retirement and how well are people informed about retirement.Read More »
Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, appears live on Fox Business’ Varney & Co. to check out the effect of the Fed Governors who made declarations about slowing down the printing of cash in addition to Walmart’s numbers being a financial indication for the economy.Read More »
If 52% of Americans feel the worst is yet to come as it relates to our economy its probably a fair assessment. But why do the other 48% believe that the worst is behind us. Are they oblivious of the current economic situation? Ed Butowsky joins Fox News to try and help the 48% in the dark.Read More »
According to the Wall Street Journal American companies are cutting back on investments at the fastest pace since the recession because of the fiscal cliff and economic uncertainty. Businesses are scared because they face billions of dollars in new taxes, new regulations, and having to provide health-care for every employee under Obama-care just to name a few. Business are hunkering down to see what happens because they have to protect their profits and their shareholders. Ed Butowsky joins The Blaze TV to discuss the challenges that businesses face in the coming months and years.Read More »
Former Titans quarter back Vince Young blew through a fortune of money he made over the course of his career. Reports indicate that it was upwards of $26 million. There is more to the story then just buying friends meals at Cheesecake Factory or TGI Fridays and spending thousands of dollars for meals. Ed Butowsky joins Varney & Company to reveal how having a power of attorney may have been the downfall of this athletes money.
Former Titans QB Reportedly Blew Through $26M.
Ed Butowsky appeared recently live on Fox News to discuss the estimated cost of Hurricane Sandy and what it means to those impacted by this super-storm.Read More »
The majority of private and public pension plans are under-funded. This means many Americans receiving monthly checks are at risk of seeing their pensions drastically reduced or even disappearing.
Pension plans generally have a minimum returns that is required to satisfy their liabilities. This return is calculated by looking at employer contributions and growth of assets and determining the life expectancy of participants.
With people living longer, contributions down and returns below what was originally expected, we now find ourselves in a crisis.
Neither the stock market nor the bond market is expected to produce the robust returns of the past. On top of that, many pension plans are mandated to have 40 percent to 50 percent of their assets in government bonds, which currently yield only 1 percent to 3 percent.
The returns should be in double digits for pensions to become properly funded again, but with such a large portion of pension assets invested in government bonds, that will be next to impossible.
The Federal Reserve has kept interest rates low in an attempt to jump-start economic growth. but these low interest rates are making it increasingly difficult for pension plans to meet their obligations.
It is true that low interest raters can benefit the economy. But every day that yields on government bonds hover between 1 percent and 3 percent, the pension crisis will only get worse.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry for over 25 years. Check out Ed’s discussion topics for a quick tip or two for your own financial well-being in his Media Center or follow Ed Butowsky on Facebook.Read More »
Red Bull sponsored acclaimed daredevil Felix Baumgartner to pull off the most outrageous stunt ever. The highest skydive ever to be done from the stratosphere. Caught on camera and streamed to the over 8 million people to watch. Ed Butowsky joins Varney & Company to try to understand how much is Red Bull hoping to gain from all this.Read More »
President Obama’s solution to our economic crisis is to print more money as if the problem will go away if we just have more money to spend. Have they considered the impact of this action to the greater good? With more money in circulation goods are costing Americans more money, not to mention the value of the dollar dropping against other currencies. Ed Butowsky joins The Blaze TV E.D. Hill to examine how the cost of goods whether it be gas or groceries are directly impacted by printing more money in a very negative way, and how Obama’s Administration is the root cause of it.Read More »
In an industry filled with not so trustworthy people and half truths its imperative to share and teach the reality behind wealth management. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, contributed to a Sports Illustrated article in 2009 called, “How (and why) Professional Athletes Go Broke.” ESPN took the lead from this article and with the help of Ed Butowsky and other professional athletes created a documentary part of the 30 for 30 series called Broke. Ed along with other mentors examine the psychology behind why athletes go broke.Read More »