|
Connect with us!
|
303.747.6455
Money can and should do good things: for you, your family, and the causes you believe in
|
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, Cambridge Investment Research Advisors, Inc, a Registered Investment Advisory firm.
Generosity Wealth Management, LLC and Cambridge Investment Research, lnc. 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. Diversification and Asset Allocation Strategies do not assure profit or protect against loss in a generally declining market |
|
|
"Life is Really Simple--but We Insist on Making it Complicated" - Confucius Over the next couple of weeks I'm going to talk about the reasons given for the market correction 1. Plunging Oil 2. China 3. Disappointing Profits 4. Trading Milestone (200 Day Moving Average) 5. Rate Jitters Today I focus on Oil, as it's declined from approximately $60 in June to $40 today. What is that indicative of, and is that a long term benefit or detriment for the economy? I say it's a long term benefit, and make such an argument in my video. Click below
|
|
The Most Bullish Chart has a Stock Market Crash in the Middle of It
It is normal for there to be corrections with a generally bullish market, which we've been in for 6 years now and I believe will continue.
The chart above does NOT mean our RED line will continue, as it could be the end of the bullish trend. I don't think so, but it's possible. I've made the argument many many times why I've come to my conclusion (see previous newsletters and videos going back 2 to 3 years).
We have 4 months left in the year, but more importantly, if you're invested in the stock market in any way, you should have years in your time horizon
China?
I'll speak next week about China, but I'm going to admit right now that the full impact of China on the world economy and markets is unknown. It's simply never happened before where China is a big player on the world scene.
And they're not very transparent. Urgh.
But, they're only responsible for 5% of the S&P 500 revenues, so we've got that going for us.
More to come next week.
Full Article - Three Things I Think I Think
Who Will Care When You're Not There?
You know I'm a planner deep into my soul, and that extends to ensuring my beloved pets are taken care of too.  If you're lucky, a close family member or friend will take care of your dog, cat, bird, or other, but what if they're unable? What if they have a pretty big difference in how they relate with animals than you do?
I haven't read this book yet, but will as I just ordered it a few days ago.
Have you made plans for your extended members of the family if you pass away?
|
The Hunt for a 21st Century Treasure Chest
If all else fails, I guess there's always buried treasure.
In 1988 a art and antiques' dealer millionaire was diagnosed with kidney cancer and not expected to live. He planned to take a treasure chest of loot out into the wilderness to die.
Then he recovered.
And decided to bury the treasure instead, and write a memoir with clues to find it.
No one has found it yet.
Full Story - 21st Century Treasure Chest
|
|
 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 |
|
|
