ART and the ARTIST
The ART and the ARTIST:
Everyone appreciates artistic creativity albeit in different forms and at different levels.
This morning I stepped out of my house into a winter masterpiece of artistic genius on a scale that can not be rivaled anywhere in the creative universe! Appreciating the art leads me to worship the artist!
Steve
Mark Twain on Investing in October
“October. This is one of the most dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”
– Mark Twain
Great advice! How can you tell if your money manager is speculating with your savings?
Some dangerous red flags:
- Is there a high turnover of the stocks inside your mutual funds?
- Are recommendations being made in reaction to the market conditions?
- Is your manager generating forecasts of the future to justify buying and selling?
- Have your costs gone up as your fund balance has gone down?
Educate yourself!
Do you have a sense that you are getting charged a lot for poor performance? Take a little time to learn how investing works. It’s easy to understand and there is no cost to you. Find out how to measure performance and evaluate if you are getting what you should be from your investment strategy.
Attend a free seminar “Separating Myths from Truth: The story of investing”
Date: Thursday, November 19, 2009
Time: 4:00 – 6:00 pm
Place: our office – 3300 Eagle Run Dr NE, Grand Rapids, MI 49525
RSVP: call 616-458-6480
Monday Up and Monday Down
Yesterday (19th) the DJIA rose above 10,000!
22yrs ago today, Black Monday, the Dow lost 508 points or 23%, the largest percentage loss in the Dow’s history. I remember that day 10/18 1987. The fear and anxiety were all over the news. The Dow was trading above and below 2000 that year. Comparisons to the great depression were everywhere.
The lesson today is not to panic. The stock market ALWAYS recovers over time. Knowing that simple truth and how the markets work in general will give you informed confidence around your invested savings.
You may need to make some changes to your investments. Be careful to make informed decisions based on simple and effective strategies that you can understand.
Sign up for our free educational seminar!
The next two seminar dates are October 21 and November 19 from 4pm to 6pm.
Register by calling 616-458-6480
I Received this Lie in an Email Today
I received this lie in an email today:
Investing in companies, not sectors
Savita Subramanian, Head of U.S. Quantitative Strategy, BofA Merrill Lynch Global Research, spotlights the increasing importance of company fundamentals in selecting the right stocks for today’s market.
What is the Myth here? STOCK SELECTION! I get this stuff constantly, I am sure you do as well. Find out why this is so misleading!
This does not happen with the investments you have invested through Cornerstone Wealth Partners
YES, the companies within each sector are where we place our confidence. They will collectively produce a predictable return with measurable risk over time. However, trying to consistently pick which companies will succeed with any statistical certainty is not possible! The sad truth is the average investor is unwittingly paying thousands of dollars to get this type of guess work as well as the disappointing returns that follow.
Please invite your friends to attend our next seminar to learn more. They will appreciate you for it! More people need to know the Truth about Invested Savings!
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