Not much. The stock market surely doesn’t. Citicorp is laying off 50,000 more workers, so employment opportunities aren’t growing. Tweeters and Circuit City are both in chapter 11, so the retail trade is down. Oil prices are back down, so energy demand is not growing. Mines are cutting back, so coal demand is shrinking. Tax revenues are going to Read the full article…
Regardless of what you pay for investment advice, it’s all pretty consistent. Be it a wealth manager, a money manager, an investment counselor, or just the guy next door, they all sing from the same hymnal. Here’s the universal advice, “diversify by risk tolerance, adjust your portfolio, but don’t be a market timer”. If everyone followed their Read the full article…
Unlikely, that’s what all the experts say. God forbid it should. My parents lived through the Great Depression and they never really got past the effects.There is still a fear with my Mom who will be 94 in another three months that another is coming. My Dad worked in a CCC camp because there was no Read the full article…
