The current market rebound along with the questionable (and stimulus induced) economic recovery has some readers wondering to what extent they should participate in the current upswing. Here’s what Paul had to say: In spite of your skepticism regarding whether or not the market can hang on to recent gains, the trend for both US and International stocks has been …
Sunday Musings: Retirement Issues
Random Roger made some interesting observations in a recent post called “You Lost Me At Hello.” Here are some highlights: Yesterday Yahoo Finance ran this article from BusinessWeek about a “rule” for assessing where your savings compares to where it should ideally be. Meaning if you are 50 years old you should have X. X is not a number but …
Too Good To Be True
MarketWatch featured an interesting article called “Too Good To Be True.” Let’s look at some highlights: When consumers get defensive about their money, the financial services industry goes on the offensive. And there may never be a time where the business seems more offensive than it does now. Coming off monster losses where seemingly every investment strategy either failed or …
No Load Fund/ETF Tracker updated through 7/30/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpUpward momentum stayed intact, and the major indexes closed out the month of July with strong gains. Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +5.86% keeping the current buy signal intact. The effective date was June 3, 2009. The …
Changing Times
The markets continued with their same mode of operation yesterday, by first dropping sharply and then climbing back to erase most of the losses. It’s been the same story as there was every reason for the major indexes to tank; except they didn’t. Higher interest rates, falling durable-goods orders and even a 5% drop in Shanghai stocks could not keep …
A Repeat Performance
Yesterday, the market staged a virtual repeat performance of the prior trading day (Monday). An early sell off was rebuffed, and the major indexes recovered their losses and managed to close around the flat line. While home prices provided some good news, economic reality struck hard with the Consumer confidence index dropping more than expected. It fell to 46.6 in …