Quarterly
January 12, 2011
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Michael Brady, President
Generosity Wealth Management
2387 Point of Pines Drive
Boulder, CO  80302

P 303.747.6455
F 858.947.3807
www.generositywealth.com
 

Registered Representative of and securities offered through QA3 Financial, Corp.  Member FINRA/SIPC
Investment Advisor Representative of and Advisory Services offered through Generosity Wealth Management, LLC., a Colorado Registered Investment Advisory firm 
Generosity Wealth Management, LLC and QA3 Financial Corp or QA3 Financial, LLC are not affiliated companies

The information being provided is strictly as a courtesy.  Our company makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site. When you access one of these sites, you assume total responsibility and risk for your use of the sites you are linking to.

 

The Dow Jones Industrial Average is an unmanaged, price-weighted index of 30 large capitalization stocks with dividends reinvested.

 

The Standard & Poor's 500 Index ("S&P 500") is an unmanaged, market capitalization weighted index of 500 widely held stocks, with

dividends reinvested, and is often used as a proxy for the stock market. 

 

The Nasdaq Composite is an unmanaged, market capitalization weighted index of stocks listed on the Nasdaq Stock Exchange, and are reported as price return without reinvestment of dividends.

 

Indexes are often used as a proxy for the stock market and cannot be invested in directly.


Greetings!

This week is my annual 2010 review and 2011 preview

I start out by talking about what I got right and wrong from my 2010 preview 12 months ago (you mean I'm accountable?)

I then talk about reasons to be bullish countered by reasons to be bearish on 2011.

I conclude my video with specific actions I'm taking with my clients.  This includes
* What I'm doing with my bond exposure
* How I'm allocating amongst large cap, mid cap, and small cap
* What I'm watching as an indicator of market health
* What sector I like for a long term buy over the next decade

This is my 2011 action item video.  While I want you to watch all of my videos that come out each week, if you can only watch one then this is the one.

Click on the link to hear me talk
Year End Market Review

DJIA 2010
Dow Jones Industrial Average
Nasdaq + 16.9%
S&P 500 +15.06%
DJIA + 11.0%

(see disclosures on the bottom left)

First 4 months were up and down but the trend was generally up, followed by a horrible May and June, July and August up and down
, with the last 4 months of the year making it a nice year end.

See my video above for more information
.



Is This Your Average Secular Bear?
 
Comparing Bear Markets
Dow Jones Industrial Average vs. Average Secular Bear
In my newsletter I like to present both sides of the argument and then give you which side is more persuasive to me.

This article states what I feel, which is that we're in a long term bear market, but we'll have years that are good (like 2009 and 2010). 
 

 
Secular bears end when the excesses that caused the prior bull are extinguished.

I'm not convinced we've addressed the excesses yet.
 



 
Euro has 1-in-5 Chance of Lasting the Decade

Euro Burning
Because of competitive imbalances between the members of the European Monetary Union, a British think tank believes the odds are against the Euro surviving as a single currency.

Europe will be big news in the coming years and because of its economic size, it will impact the rest of the world, including the US.

In 2011 I'll keep you informed.
 



Juggling

In my opinion, emergency response is overrated compared to emergency avoidance.
Juggling
Perfection is also overrated, particularly if it keeps y ou from trying things that are interesting.

In 2011, I'll continue to juggle  many apparently conflicting goals on behalf of my clients. 

I want to work in such a way that avoids failure, but when failure comes, make it small,  recoverable and learn from it.

Looking forward to a Happy and Prosperous 2011!


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