Sorry for missing a few week’s worth of weekend investment reading, as I was busy going to conferences during the last few weeks. As you know, the stock market continues to churn higher, with many skeptics along the way. The Dow is almost close to 9,000, and a 1,000 S&P seems reachable.
I’ve been scaling out and I continue to scale out. It’s not that I don’t believe in the rally. It’s just that I’m getting ready to buy a house and I don’t need the uncertainty. How about you? What do you think the market will do? Is it poised for another bull run or are we setting ourselves up for a crash?
Articles that May Interest You
- We all know we should diversify our assets into different classes but at what stage do we change the mix? Oblivious Investor answers by jotting down a few ways to he knows of how it’s done.
- I did a review of Ally Bank. What do you think of the new GMAC bank? Worth it for a higher interest?
- Right after I told my wife about the story, I read SVB’s coverage of it – a woman who lost a million dollar mattress!
- Heard of Zecco Zirens?
- Most experts recommend (for a lack of a better number I think) that retirees should withdrawal their retirement at a rate of 4% annually. What do you think about that? Do you agree?
- FNBO Direct CD rates are actually pretty good. Bank Savings Review told a tally in June.
Carnivals
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