Have your assets and net worth increased since 2005? According to the Federal Reserve, if your assets and net worth have not increased, you probable have a balance sheet dominated by housing, are in a lower income group, a member of a minority and have a lower than average educational attainment. As seen in the […]
Economic Enigma – High Unemployment, Low Incomes and Record Stock Prices
March 7, 2013 Leave a Comment
The stock market has been in recovery mode since early 2009 with stock prices more than doubling as the Dow Jones surges past 14,000. Americans have regained a substantial portion of the wealth that vanished during the initial years of the financial crisis. A good portion of the increase of household net worth was based […]
Americans Dump Stocks As Market Soars – Are Long Term Investors Extinct?
January 11, 2013 Leave a Comment
Investing in stocks used to be an affirmation of faith in the American system of free enterprise and a method to build personal wealth. How many stories have you heard about the secretary at McDonalds or Merck or another great American company who retired as a millionaire after buying shares in the company over many […]
Chinese Stock Market Collapses 67% Despite Massive Stimulus Programs
December 12, 2012 Leave a Comment
The debate over whether or not government stimulus spending (financed by borrowing) is effective in reviving post crash economies rages on in the U.S. Despite the anemic economic recovery, proponents of deficit spending postulate that things would have been much worse without it. Opponents of massive deficit spending insist that the problems are merely being […]
Investing In Bank Stocks Could Be A Winning Strategy In 2013
December 6, 2012 Leave a Comment
The financial crisis delivered painful blows to the portfolios of virtually every investor, but none may have suffered more than investors in banking stocks. From the highs of 2007 to the lows of early 2009, the average bank stock, as represented by the KBW Bank Index, dropped by almost 90%. The situation was even worse […]
The Dow Has Soared 100% Since 2009 – What’s Next?
November 28, 2012 Leave a Comment
Since the depths of the financial crisis in early 2009, the Dow Jones Industrial Average has soared 105%, rising from 6,627 on March 2, 2009 to a recent high of 13,610 on October 1, 2012. At the bottom in early 2009, most investors were contemplating the collapse of the entire U.S. financial system and the […]
The 5 Best and 5 Worst Dow Stocks Since 2007
October 18, 2012 Leave a Comment
Sell in panic and repent in leisure. I have stopped trying to keep track of the number of people who have related to me that they will never buy stocks again after getting decimated in the financial panic crash of 2008. From a peak of 14,164 on October 9, 2007, the Dow Jones crashed by […]