Archive for June, 2009
Next Entries »AFM Reader Question: “Should I Sell My Stocks Now?”
Thursday, June 4th, 2009I received this email from a reader: Hi JLP: I have been a long time reader of AFM and have tried to apply your teachings to my financial health. Despite all that I have read I am still mentally stuck with a problem. Through various investments that I have made or that have been made [...]
AFM Is NOT Affiliated with Publisher’s Clearing House!
Wednesday, June 3rd, 2009In January 2008, I posted an article looking at Publisher’s Clearing House’s $5,000 per week giveaway for life. Most of the first comments came from regular AFM readers. However, as time passed, I started noticing comments from people who stumbled across the post through search engines. Either these commenters didn’t bother to read the post [...]
Question of the Day: Is There an Inheritance in Your Future?
Wednesday, June 3rd, 2009Here’s a question I don’t think I have ever asked before: Do you expect an inheritance sometime in the future? My wife and I don’t for a couple of reasons: 1. My grandparents have all passed away and left what little they had to their kids (my parents and their siblings). My wife’s remaining grandparents [...]
SURPRISE!!!!! Our Personal Rate of Return is 11.5% for 2009!
Wednesday, June 3rd, 2009I logged into my wife’s 401(k) account this morning to find this: The definition of personal rate of return (I put together a tutorial here) on Fidelity’s website is: Your Personal Rate of Return is calculated with a time-weighted formula, widely used by financial analysts to calculate investment earnings. The calculated value reflects the result [...]
Is 41 Miles per Gallon Enough to Justify Buying a Smart?
Tuesday, June 2nd, 2009I was just on the SmartUSA website. I have seen a few Smarts driving around town and thought I would check them out. Their prices aren’t too bad and I think they are nice-looking cars. But, I have to say I’m disappointed with their fuel economy, which is 33/41 (city/highway). Keep in mind that those [...]
May Was a Good Month for Stocks
Tuesday, June 2nd, 2009May was a pretty good month for the Standard & Poor’s indexes. All three of the indexes I track (the S&P 500, MidCap 400, and SmallCap 600) had total returns of more than 1.50%. The S&P 500 Index was up over 5.5% for the month of May. All three of the indexes are up significantly [...]
Citigroup and GM Are Knocked Out of the Dow Jones Industrial Average, Cisco and Travelers Are In
Tuesday, June 2nd, 2009Here’s a look at the old and new Dow Jones Industrial Average (the additions and deletions are highlighted): 3M Alcoa Inc American Express Company AT&T Inc. Bank of America Corporation Boeing Co. Caterpillar Inc. Chevron Corp Cisco Systems Citigroup, Inc. The Coca-Cola Company E.I. du Pont de Nemours and Company Exxon Mobil Corp General Electric [...]
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