LPL’s Jeff Kleintop has put out a new market update. To see the article, please click on the link below:
Another wild week on Wall Street. After staging a solid rebound beginning January 23, the Dow and other stock price indexes took a pounding again on Monday and Tuesday of this week. We are still above the January 22 lows, but not by much. Rereading this last sentence, I see that my focus has shortened a lot, which tends to happen when stock markets become highly volatile. In my experience, that is when about half of investment mistakes are made. The other half usually happen when jumping on bandwagons at market peaks with eyes closed. As one of the great investment gurus, Sir John Templeton, put it – “To buy when others are despondently selling and to sell when others are avidly buying requires the greatest fortitude and pays the greatest reward.”
LPL’s Newest Raging Bull on equity market trends. To see this article, please click on the link below:
LPL has put out a new market update for this current week of February 4th. Please click on the link below to see the article:
One of the provisions of the Pension Protection Act of 2006 was to allow companies to automatically enroll their employees in their companies’ 401(k) plans, but it wasn’t until last October that companies got guidance on the categories of investments they had to choose for their workers’ contributions.