The citi foundation. Supporting innovation and enabling urban progress. The john and Helen Glessner family trust. Supporting trustworthy journalism that informs and inspires. Sue and edgar wachenheim, iii. Corporate funding is provided by mutual of america designing customized individual and Group Retirement products. Thats why we are your retirement company. Additional suppo has been provided by and by the corporation for public broadcasting, and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios at Lincoln Center in new york, alison stewart. Stewart good evening and thanks for joining us. President barack obama has begun a threeday visit to vietnam, starting a weeklong trip in asia meant to enhance trade and security ties with allies in the region. The president arrived in vietnams capital, hanoi, in his first visit to the former enemy of the United States. Vietnamese leaders are looking for obama to lift the long standing u. S. Embargo
Sales rose during the month of february. Is a weathert story. I know youre sick of talking about it. Jpmorgan chase estimated that in january we spent 24 billion dollars extra just staying warm on gas, electricity, money that did not go to dining out and two dresses and things like that. Were going to look to date to things like building materials. Do we buy more snow shovels, snowblowers and salt . It might give us a rough indication of whether we kept spending, but clicking the mouse at home instead. You mentioned the cars. They stole sold more units, about dollar volumes, it includes service and cost of parts. That category could go either way. Watch coreg to retail sales. Leave out cars and gas. You have what goes into gdp and that will tell us something. How ishe weather, this report . We talked about how much a shift towards internet shopping there is. Havees seem that investors figured this out. They do not care about it as much as some other numbers. It is always heavily revise
Joining us now to discuss, liz macdonald, scott martin and mark madsen of madsen money. Thanks to all of you for joining us. It is staggering to me, if you werent in stocks you really lost out. Scott, what do you make of peoples perceptions out there. Their perceptions are usually wrong, melissa. That is the sad part. Look at some of the surveys, said the best time to invest in real estate was . 06, 07, and 08. We know how that story ended. Real estate provides great value and fund to own. Typically not a leveraged transaction. Youre typically on the hook for a lot more than you have to put down. What i dont like as advisor is liquidity trap. Real estate you have hard time to get out of. Real stocks, bonds, you can get out at certain time. You have to watch the lockup with real estate. Melissa emac, interesting people got burned by real estate and stock market at the same time. Thats right. Melissa yet they have lingering feel about stocks. If you got out of your 401 k or not in the ma
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