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Connect with us!
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303.747.6455
Money can and should do good things: for you, your family, and the causes you believe in
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Michael Brady, President
Generosity Wealth Management
885 Arapahoe Ave.
Boulder, CO 80302
P 303.747.6455
F 858.947.3807
www.generositywealth.com
Registered Representative of and securities offered through Cambridge Investment Research, Inc. 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 Cambridge Investment Research, lnc. are not affiliated companies
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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. Diversification and asset allocation strategies do not assure profit or protect against loss in a generally declining market |
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There is so much in the news right now, most of it about the impending debt ceiling crisis. Most of what you read, hear, and watch is sensationalized (in my opinion), so in this quarter's video I basically dissect where we are right now, paying attention to the data points that I think are relevant.
Being the contrarian I am, I also address some common, assumed facts or assumptions that I simply don't believe.
A longer than normal video, but let me conclude by saying I'm still optimistic, and not freaked out (unlike pundits on TV).
Click on my video to get my thoughts
 | | 2013 10 11 Quarterly update |
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I recently updated my Form ADV with the State of Colorado due to bringing in a business partner. In a future newsletter, I'll highlight him and share with you a little more about how he complements my business and what I'm doing for you.  What is an ADV you ask? It's a form and brochure that describes what Generosity Wealth Management is, who I am, and how we do business. If you would like a copy, please click on the link below. For your reading pleasure, I also have included links to my privacy notices. How exciting is all that?
Federal Reserve Comments in 2013
As I mention in my video, the price of bonds (in general) have decreased causing yields to increase. The above graph shows comments from the Fed which has led so many people to have speculated they'd cut back on the bond buy back. As of last month, the Fed Chairman has stated the bond buy back will stay in place. For more graphs and a discussion, here's the full article.
Who Owns Our Debt
There's a perception China owns all of the Treasury Bonds, but they actually own less than 10%. The biggest single owner of US Federal Debt is the Federal Reserve Bank.
The above graph shows foreign holders of our debt.
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The Hobbit 2: The Desolation of Smaug
If you don't know my wife and I are huge Lord of the Rings and Hobbit fans, then we're new friends or you've not been paying attention. It's now October, and for the next 2 months you're stuck hearing from me about the December 13th opening of the 2nd movie in The Hobbit trilogy. Is this a big deal? Duh.........  |
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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
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