Dear Friends,
What a beginning for 2016 – The Dow Jones Index is down 10%. Yes, this is stressful. The U.S. continues to grow and Europe is recovering and set to continue its growth. However, China’s economy is slowing & restructuring it’s economy, and to really cause the stock market volatility — much of its economic information is not transparent nor certain. Uncertainty makes the stock market crazy! Yes, oil prices have dropped, and we are feeling the effect positively in our bank accounts but if we own stocks affected by the oil industry we are feeling losses and losing our patience. And yet, one of Americans’ fear is to be dependent on oil exports, and now our oil dependency is greatly reduced!
The lessons to me of 2000 and 2008 are that they were times of opportunity to invest and let our dividends which are being reinvested to buy more shares at lower prices. Stay on your course.
Warm regards,
Pam
Contents include:
:: Assessing Portfolio Performance: Choose Your Benchmarks Wisely
:: Filing Your 2015 Federal Income Tax Return Are There Gaps in Your Insurance Coverage?
:: What are required minimum distributions (RMDs)?
Read and download Pam’s January 2016 Newsletter here>>
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