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March 5th
Watching the “Boomer Nation” on CNBC TV last night did not show many surprises, since many of us lived it. By that statement, the majority of Americans fit into that bracket.
Unless we have another event such as “9/11,” most Americans will continue to be optimistic about everything. This is one reason we cannot allow another such event to occur.
After the “Greatest Generation,” we had a robust economy. Military supplies for both the Viet Nam War and the “Cold War” generated an economy that fed on itself. In addition, of course, Bill Gates and the internet era came next. We will continue to be enthusiastic. We in the United States have many innovative minds; with a little regulation, our innovations (particularly financial) will not get out of hand.
The DOW is closing in this afternoon on a two hundred-point gain over last week.
February 27th
The DOW fell 77-points this week. With the lack of Congressional coordination in achieving anything, the gridlock seems to work well with the Markets. However, confusion abounds and that is not good for any sustained rise. Due to this, we will continue to pick and choose and play day trader.
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For an idea on the way the market will behave this week, check the website below. It is a website for company news-most importantly-earnings. Over the short period earnings will drive the market.
Company Earnings Information
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A little bit about credit accounts-when the Federal Reserve raises their rates, banks will certainly follow. It is very, very important for personal and family debt to be strictly controlled. Maintain a good budget with sizable payments to credit cards each month. And pay the bill at the beginning of the cycle, right when you receive the statement-not at the due date. (Monthly bills that do not carry interest, such as electricity bills, can be paid at the due date.) With any interest-bearing accounts, pay them when you receive the statement. But whenever you pay them-never forget to pay on time
Credit Rates
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We have been afforded the opportunity to open business offices in California. Due to this great opportunity, we are in the process of interviewing applicants for several sales and administrative positions as Investment Advisor Representatives.
It is certainly our desire to encourage more equity investing and to assist new investors in this endeavor. The United States is not looked upon as having a great “savings’ incentive.” We believe that should change and we can help.
We cover the bases from selecting stocks, mutual funds, and bonds and opening accounts. We continue our service by managing these accounts and keeping in regular contact with account holders. When economic or stock situations change, we encourage our account holders to approve of the necessary change in their portfolio. This is vital in the proper management of their money.
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