In my April Investment Commentary, I printed a chart illustrating the increasing number of new home foreclosure filings for the past several years. Under the chart I wrote that, until the trend is a downward one, we continue to wait for better opportunities to purchase equities (stocks). As it turns out, the stock market rallied…
The U.S. stock market showed impressive gains in 2009. The S&P 500 increased over 26%. However, even after an impressive gain in 2009, the S&P 500 experienced a NEGATIVE rate of return for the decade that just ended. That’s correct. An investment in the U.S. stock market from the end of 1999 to the end of 2009 netted you…
Mindy Corporon has been appointed to the Board of Directors of the Community Foundation of Johnson County. The Foundation’s mission is to improve the community’s quality of life by increasing charitable giving, connecting donors to needs they care about and providing leadership on critical community issues. “I am honored to fill this role for the…
Recently, we have been asked our opinion about gold. More specifically, should we be buying a lot of it? The conventional wisdom is that the Federal Reserve is printing a lot of money and the Obama administration is running massive budget deficits, both of which are going to make the dollar worth less, if not…
The third quarter of 2009 showed positive economic growth for the first time in over a year. Gross Domestic Product was reported to have increased 3.5% in the quarter ending September 30th. However, most of the reported “growth” could be attributed to government stimulus. It is estimated the “Cash for Clunkers” program contributed to approximately…
