Today Investor’s Business Daily’s Big Picture indicated that the stock market has entered an uptrend. While investment advice is on every corner, I have found only a few gurus that I like to give my attention to; the philosophy of the founder of Investor’s Business Daily, William O’Neil, is one of them. While the Big Picture trend may change back to negative next week, for now, this reliable column is saying the stock markets are headed up. The market trend predictions it makes are usually longer term, with some bouncing around a bit when the market is more volatile. I believe … [Read more...]
What’s a Girl To Do?
October 24, 2011 By 1 Comment
What’s a girl to do? We want to grow our money, but the traditional mode of investing, the stock market, has just not been cooperating with our financial goals, at least for long term investors. Over the weekend, I read a great article in Barron’s by Michael Santoni. Here are a few highlights: The stock market is struggling to stay above a level it first reached almost 13 years ago! Jim Paulsen of Wells Capital gave the return for 10 years after any period that had 12 years of being flat or down, as we have now; a 7.2% annual gain, vs. 4.7% for all other times, excluding dividends. … [Read more...]
