Headlines
- Austrian Presidential Election Delayed
- China Rethinks its Alliance with Reeling Venezuela
- Clinton's Pneumonia Jolts Presidential Race
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Your Annual Plan: Three Steps Toward Your Financial Success
As the days get shorter and cooler, it's a good time to conduct a comprehensive annual financial review. And while there is no such thing as a one-size-fits-all financial plan, the three-step review process outlined below can help you do a better job of keeping your financial house in order from one year to the next.
Step 1: The Year's Not Over Yet-- Make Time for a Progress Check
The main reason for creating an annual financial plan is to plot out the most efficient route to follow as you pursue essential short- and long-term goals for the upcoming year.
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The Markets
Blame it on the Central Banks
After 44 consecutive sleepy, summer days when Barron's reported the Standard & Poor's 500 Index opened and closed without a 1 percent move in either direction, the index tumbled last week - and so did indices in other markets around the world. What roused investors from complacency?
Some experts pointed their fingers at central banks: "Three central banks announced their monetary policy decisions during the week and all three maintained the status quo and did not change policy. The news disappointed the markets - they were looking for more stimulus.
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By the Numbers
Notes: S&P 500, Gold, DJ-UBS Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized ... more important disclosure mentions found here. (We urge you to read the entire disclosure statement.)
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