Firstly, he used to broadcast on both Saturday and Sunday and he took calls for the whole three hours. Now the last hour is devoted to a guest who has a book to sell.
In June 2010, Moneytalk was dropped to one day per weekend -- Sundays only.
Then in December 2011, Moneytalk was dropped altogether from San Francisco's power-house radio station, KGO 810. It was picked up by KGO's much less powerful sister-station, KSFO 560.
In spite of Moneytalk only being broadcast one day a week, Brinker only hosts the program an average of 3 times per month -- sometimes even less. The other Sundays, either Lynn Jimenez or Neale Godfrey do the program.
Over the past years, mixed in with Brinker's fine teaching skills, was a bit of exciting investing information and some stock market guidance. However, it seems to me that he mostly just "mails it in" these days. It's really irritating to tune in expecting to hear the old Brinker and all he does is talk politics -- and worse yet, only take calls about politics. It's impossible to believe that absolutely no one wants to ask questions about the stock market -- especially when it's declining.
Some of you have expressed your viewpoints, perhaps Mr. Brinker might be interested, too:
Doug said...
Although I'm fully aware of (now tired expression) "the fiscal cliff." However,Brinker lets people spout off about what they think the politicians should or would do.
What has happened to discussions about funds, asset allocations, investment strategies? Brinker's program used to be informative.
December 31, 2012
Although I'm fully aware of (now tired expression) "the fiscal cliff." However,Brinker lets people spout off about what they think the politicians should or would do.
What has happened to discussions about funds, asset allocations, investment strategies? Brinker's program used to be informative.
December 31, 2012
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Jim said...
Doug is exactly right. Brinker is not very informative anymore. He starts off each program by saying he teaches people "to be their own personal financial manager". But he teaches very little about personal finance lately, and instead just uses the program to rant about the gridlock in Washington and promote his newsletter.
I can see perhaps why he doesn't mention the market, but he could still be informative. He used to talk about things like load vs.no-load funds, term vs. whole life insurance, traditional vs. Roth IRA's and he used to frequently warn listeners of "Shark Attacks".
Perhaps he has become bored with those questions over the years. He probably feels he has answered all those questions already, but there are always newer listeners who could benefit.
In the past when Brinker made an important point, he would say it would be on the "Moneytalk Final Exam". It's been so long since he mentioned those things that I'm starting to forget the answers.
January 1, 2013 3:08 PM
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Anonymous said...
Congratulations....for all those who went in the market at Brinker's recommendation in 2008 at 1450...IF the market holds and you sell ('casue Da Brink ain't about to make a sell call yet) you might just break even today...
Well you will still be out the price of any subscriptions to market holder.
Da Brink - awesome ain't he?......tfb
January 2, 2013 10:48 AM
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Jim said...
I thought I heard a caller ask Brinker on Sunday if he would have any objection to the government raising taxes for those making over $400K/yr. Brinker told the caller he would be fine with that.
Brinker, who falls in that catagory, is always looking to AVOID taxes by investing in Muni-bonds and living in states with no income taxes. I find it surprising he said that. Well Bob, then maybe they SHOULD tax your Munis.
December 24, 2012 9:19 PM
Doug is exactly right. Brinker is not very informative anymore. He starts off each program by saying he teaches people "to be their own personal financial manager". But he teaches very little about personal finance lately, and instead just uses the program to rant about the gridlock in Washington and promote his newsletter.
I can see perhaps why he doesn't mention the market, but he could still be informative. He used to talk about things like load vs.no-load funds, term vs. whole life insurance, traditional vs. Roth IRA's and he used to frequently warn listeners of "Shark Attacks".
Perhaps he has become bored with those questions over the years. He probably feels he has answered all those questions already, but there are always newer listeners who could benefit.
In the past when Brinker made an important point, he would say it would be on the "Moneytalk Final Exam". It's been so long since he mentioned those things that I'm starting to forget the answers.
January 1, 2013 3:08 PM
____________________________
Anonymous said...
Congratulations....for all those who went in the market at Brinker's recommendation in 2008 at 1450...IF the market holds and you sell ('casue Da Brink ain't about to make a sell call yet) you might just break even today...
Well you will still be out the price of any subscriptions to market holder.
Da Brink - awesome ain't he?......tfb
January 2, 2013 10:48 AM
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Jim said...
I thought I heard a caller ask Brinker on Sunday if he would have any objection to the government raising taxes for those making over $400K/yr. Brinker told the caller he would be fine with that.
Brinker, who falls in that catagory, is always looking to AVOID taxes by investing in Muni-bonds and living in states with no income taxes. I find it surprising he said that. Well Bob, then maybe they SHOULD tax your Munis.
December 24, 2012 9:19 PM
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Honey here: Jim is correct about Brinker looking for ways to avoid taxes. He is always bragging about owning munis -- even California munis (only special government guaranteed, of course) And Brinker spends enough time at his (once-million dollar) Las Vegas, Nevada condo, where there is no state tax.
birdbrain said...
Though much legitimate criticism toward Mr B has been expressed in this blog, his claim of being "pounded and trashed" for conservative fiscal policies exists only in his mind. I doubt that anyone on his show, caller or guest, ever exclaimed "You are wrong, Bob. This country needs to continue deficit spending."
Has a national writer called him out for espousing fiscal restraint?
No. It was simply a sad display of self importance.
Roundly criticized? Examples, anyone?
December 3, 2012 11:08 AM
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Kirk said...
"It's been several weeks since Brinker talked about "how great the market is doing this year."
Indeed. When was the last time you heard him talk about Intel? I just posted an article about it today: "Intel Bob Brinker's Favorite Trading Stock"
If you remember him taking a call about Intel in the past five years and what he said, please send me an email with what he said.
To me, it seems missing the last TWO bear markets (remember we had a 20% intraday bear last year) has left Brinker deflated and much younger people, like Jim Cramer, with more energy have taken over the airwaves while Brinker's show was cut from 6 hours a weekend to 2 hours plus an hour of interviewing a guest on less popular radio stations.
December 6, 2012 9:59 AM
birdbrain said...
Though much legitimate criticism toward Mr B has been expressed in this blog, his claim of being "pounded and trashed" for conservative fiscal policies exists only in his mind. I doubt that anyone on his show, caller or guest, ever exclaimed "You are wrong, Bob. This country needs to continue deficit spending."
Has a national writer called him out for espousing fiscal restraint?
No. It was simply a sad display of self importance.
Roundly criticized? Examples, anyone?
December 3, 2012 11:08 AM
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Honey here: Birdbrain is right about Brinker whining that he "gets trashed" for his conservative fiscal views. He has done it on at least two programs. We all know that he's never been pounded on this blog for conservative views of any kind. LOL! And I know that it has never happened on Moneytalk. So where? Someone in Littleton, Colorado, New Mexico or Lake Las Vegas, please give us a clue? Who is pounding and trashing our Mr. Brinker? :-)
"It's been several weeks since Brinker talked about "how great the market is doing this year."
Indeed. When was the last time you heard him talk about Intel? I just posted an article about it today: "Intel Bob Brinker's Favorite Trading Stock"
If you remember him taking a call about Intel in the past five years and what he said, please send me an email with what he said.
To me, it seems missing the last TWO bear markets (remember we had a 20% intraday bear last year) has left Brinker deflated and much younger people, like Jim Cramer, with more energy have taken over the airwaves while Brinker's show was cut from 6 hours a weekend to 2 hours plus an hour of interviewing a guest on less popular radio stations.
December 6, 2012 9:59 AM
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Honey here: Not a chance. :) He hasn't even mentioned owning Microsoft or Vodafone for many years, but they are still on his recommended issues list. Most of the items on that list (which is off-the-record-books) are not discussed because they are all dogs -- except the big indexes like SPY, VTI or DIA. Suncor has basically gone nowhere since touted it on Moneytalk.
5 comments:
Here is a complete explanation of the 2013 tax law:
Tax Legislative Update
Breaking news from Capitol Hill
from Grant Thornton’s Washington National Tax Office
Have you read War and Peace? Did you enjoy the long read? Well, here's one for you. This is what our brilliant congress voted on with what? 22 minutes to read it?
GPO.gov-Bill
Bob Brinker sold all of the Vanguard high-yield fund holdings from his Marketimer fixed income portfolio in October 2012.
Junk ETFs Highest Since 2008 as Bond Yields Under 6% for First Time
January 3rd at 11:57am___ by John Spence
Bond ETFs News:
Investors’ infatuation will yield and optimism over the U.S. fiscal cliff deal has pushed the largest junk bond ETFs to their highest prices since the global credit crunch.
For example, iShares iBoxx High Yield Corporate Bond (NYSEArca: HYG) during Wednesday’s rally touched a high of $94.23 a share. The breakout pushed the junk debt ETF to its highest level since 2008.
SPDR Barclays High Yield Bond (NYSEArca: JNK) notched an intraday high of $41.05 a share yesterday. That’s its highest price since Nov. 5, 2010. [High-Yield ETF Breakout Holds Key for Stocks]
Combined, the two high-yield ETFs pulled in nearly $8 billion of net inflows in 2012. [Why Trading, Assets in High-Yield Bond ETFs are Exploding]
The junk debt funds are paying 30-day SEC yields of more than 5% although yields have been pushed down to record low levels due to seemingly insatiable demand for the bonds. Yields on 10-year Treasury notes are hovering around 1.8%.
Although investors don’t have many other options to boost income, some analysts are worried that junk bond yields aren’t enough to adequately compensate investors for holding speculative grade debt. [Junk Bond ETF Yielding Over 6% Sees Record Bearish Bets]
JNK and HYG posted total returns of more than 10% for 2012 amid the scramble for yield, according to Morningstar.
The rally has pushed the average yield on speculative grade bonds below 6% for the first time ever, reports Michael Aneiro at Barron’s.
“All of this has been enabled by the Federal Reserve’s ongoing efforts to pin down short-term interest rates near zero and force investors into riskier, higher-yielding asset classes, creating a barren, yield-free investing landscape in which ‘high yield’ now officially means less than 6%,” Aneiro writes.
Global high yield bond issuance rose 38% in 2012 to a record $395 billion, The Motley Fool reports.
Probably the "other" Bob Brinker, computer geek turned newsletter publisher, did the same thing and he's trying to talk down "junk bonds" on his Twitter feed:Bob Brinker @BobBrinker
$HYG $JNK High Yield Spreads Fall to Lowest Level Since June 2011 -- http://goo.gl/mNKqN
Most of the things I have read say that the meager yield on junk bonds just don't support the risk.
Remember when you could get 6% on a savings account? Now you can't even get that on junk bonds.
Rates aren't going back up until unemployment falls to 6.4% and that's a long time off.
CDs
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