The dow was down 400 points today, the dow was up today, how’s the dow looking? We hear this everyday and everyone talks about ‘the dow’ as some magical being. When you say ‘the dow,’ do you actually know what it is?
‘The Dow’ is a stock market index that was created by Charles Dow (a WSJ Editor) to determine the performance of the Industrial Sector of American stock market. The Dow (the number that everyone throws around daily) is the…
[Read More...]I read a disturbing article in the WSJ this morning that cited a rise in employees investing their 401(k) dollars in their own firm. As I stated a couple months ago, this is a VERY BAD IDEA because you do not want your 401(k) returns to be highly correlated with your employment and pay increases. In addition, I’m a firm believer that you should not own any individual stocks EVER because of the heavy risk associated with doing so and that this…
[Read More...]Scary to think that one year ago today the Dow stood at over 12000. It sits under 6800 today, the lowest point since 1997. I’m not going to go through all of the doom and gloom, but if you do want that the NY Times has a good article.
What I do want to remind everyone about is sticking to your investment fundamentals:
- Save first and often
- Save efficiently (asset allocated 401K, IRA, brokerage, etc)
- Create value at work (ie: keep…
Today’s guest blogger is a friend from Virginia Tech (go Hokies!). Nate was in the business school and was extremely active with the campus newspaper and various other groups. These days he keeps himself as an aspiring entrepreneur and oh yea - a day job.
Index Investing
by Nate Jones
I love investing but I go about it in a very calculated manner. I’m young so I’m willing to take on a fair amount of risk but fundamentals are important to my strategy.…
[Read More...]Take a look at three graphs of the NASDAQ and DJIA which show their performance over the previous 1, 5, and 10 years.
The performance of the stock market over the last 10 years has been awful. However, there is no reason to adjust your investment plans or think that the stock market will continue this dismal performance. Maintain focus on the long term and don’t let the static along…
[Read More...]| Need to remove google ads and add stuff |
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