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The Weekly Economic Update for June 28, 2010
QUOTE OF THE WEEK: “The person who makes a success of living is one who sees his goal steadily and aims for it unswervingly.”– Cecil B. DeMille Highest consumer confidence since January 2008 That is what the final University...
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QUOTE OF THE WEEK: “The measure of success is not whether you have a tough problem to deal with, but whether it is the same problem you had last year.”– John Foster Dulles Minor deflation takes pressure off the Fed. The...
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Weekly Update for June 14, 2010
Sorry guys. No video again. I’ve been sick the last 5 days and I really don’t want to look like that on a video… So, here is the text version: Quote of the week. “Your assumptions are your windows on the...
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Weekly Report for June 7th, 2010
Quote of the week. “We can only be said to be alive in those moments when our hearts are conscious of our treasures.” – Thornton Wilder Jobless rate ticks down 0.2%. The news didn’t impress Wall Street: while May’s unemployment...
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Weekly Update For May 31st, 2010
Quote of the week. “Fun is a good thing, but only when it spoils nothing better.” – George Santayana Personal spending flat for April. However, wages rose 0.4% and disposable personal incomes went up 0.5% (the biggest...
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Weekly Update For May 24, 2010
Quote of the week. “To succeed in life, you need three things: a wishbone, a backbone and a funny bone.”– Reba McEntire Attention on Europe (and the Senate). The euro thankfully rose for three straight days last week, after...
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Weekly Update for May 17, 2010
Quote of the week. “Education is not the filling of a pail, but the lighting of a fire.”– William Butler Yeats Gold soars, euro slips, rumors plague EU. Wall Street watched Europe closely last week; investors initially...
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Weekly Update for May 10, 2010
Generating Leads Video Getting Appointments Quote of the week. “You’re born an original. Don’t die a copy.”– John Mason More jobs, more jobseekers. While U.S. firms added 290,000 jobs in April -- the most in...
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Weekly Economic Update for May 3, 2010
Quote of the week. “The basic difference between being assertive and being aggressive is how our words and behavior affect the rights and well-being of others.”– Sharon Anthony Bower Good solid growth. On Friday,...
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Weekly Update for April 19th, 2010
Quote of the week. “The need for mystery is greater than the need for an answer.”– Ken Kesey A little less confidence. The preliminary April Reuters/University of Michigan consumer sentiment survey came in at 69.5, versus...
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I’m 57 1/2, Can I Start Taking Money From My 401k?
I’m 57 1/2, Can I Start Taking Money From My 401k? This is kind of a funny little question. About 329 people asked this. “I’m 57½ and I’m retiring from my company. Can I start taking money out of my 401k?” And...
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What is An Annuity?
What is An Annuity? One of my favorite questions: What exactly is an annuity? Let me break it down to its basic function. An annuity is an investment contract with an insurance company, much like a CD is an investment...
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Weekly Economic Update For April 12, 2010
Weekly Economic Update For April 12, 2010 Quote of the week. “Never apologize for showing feeling. When you do so, you apologize for the truth.”– Benjamin Disraeli Did banks downplay risk levels? So contends a Wall...
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Can I Roll My 401k into a Roth IRA?
Can I Roll My 401k into a Roth IRA? This question comes up more times than I can count. Can I roll my 401k into a Roth IRA? And the simple answer is, not directly, but indirectly you can. And what do I mean by that? Unless...
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What Does The NASDAQ Stand For?
What Does The NASDAQ Stand For? This is actually a fun question for me, because people ask me, what exactly does the NASDAQ stand for? Well, if we were back in 1971 when the NASDAQ was created, I would say it stood for...
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