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May 12, 2010
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Michael Brady, President
Generosity Wealth Management
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Greetings!

Interesting times!  Read any good articles on the markets recently? 

If you've been paying attention to my videos and newsletters over the past 6 to 9 months, you know I've been warning about a correction for some time.  Is this the beginning of a long term correction, or just a small blip?

Listen to my video to find out what I think.
Non Farm Payroll is up finally 

Non Farm Payroll
The Non-Farm Payroll number is up.  That's the good news.  Up is better than down.

However, the official unemployment number still went up because people who were on the sidelines are now encouraged and have decided to pore back into the job market.  Hmmm.  That's a tricky balance between the supply and demand for employment that we'll have to watch the coming months.

To do:  Without a thriving job market, it will be difficult for any recovery to strong and long lasting.  Continue to stay conservative in your investments and savings as we're not out of the woods yet. 

 
Where Greece went wrong

Greece MapGreece is going to continue be in the news for years to come, and we'll look back at it (hopefully) as something to avoid.  I'm very concerned about the debt  levels of our federal and state governments, and much can be learned from Greece.

Anyway, here's a good article on Greece and the decision to join the European Union.

Where Greece Went Wrong - Link
 
Senate Panel Kills Probate Pay Bill
Percent Sign
Yeah. 

A bill that was going through the Colorado Congress that would have allowed probate administrators to charge a % of assets for their fee has been indefinitely postponed. 

If California is any indication of how this increases the cost and drags out the process, I want nothing to do with it.



Something to PonderTrain

At any given time, an estimated 10 million people are traveling across China on a train.....
GWM jpg
I'm here to help!....

I'd love to talk more with you about the above topics or anyway I can help you grow and preserve your money while providing for yourself, your family, and community.

Mike