January 2, 2014
SPY 1831.00 Go to “Investments Core Portfolio” for current holdings.
The long bond has been hanging around 3%. And the stock market does NOT like high interest rates.
So…..people started to take action today and we saw a pullback. I would not be shocked to see it go lower.
In September I started watching IBM, but never pulled the trigger. I am once again watching IBM to buy. This thing is beaten up but has started to turn around. I have never suggested a single stock in this blog, but the younger crowd can take increased risk for a good potential run. Right off hand I dont even know if it pays a dividend…….I just want to get a nice stock gain, which could be good.
I bet you didn’t know this: “The good news, if you want to call it that, is that roughly 1.6 million Americans have enrolled in ObamaCare so far.
The not-so-good news is that 1.46 million of them actually signed up for Medicaid. If that trend continues, it could bankrupt both federal and state governments.
Medicaid is already America’s third-largest government program, trailing only Social Security and Medicare, as a proportion of the federal budget. Almost 8 cents out of every dollar that the federal government spends goes to Medicaid. That’s more than $265 billion per year.”
I bet ur not surprised at this: “As we move into 2014, a new poll finds that a whopping 70 percent of Americans have absolutely “no faith” in government to make progress on key issues.
The Associated Press/NORC Center for Public Affairs Research survey found that 7 in 10 voters do not have any confidence in the government “to make progress on the important problems and issues facing the country in 2014.””
Oh boo-hoo for MSNBC: “Meanwhile, the network that Griffin has labeled “the place for progressives” is experiencing a free fall in its ratings, which are down 29 percent from 2012. A decline was expected after a presidential-election year, but MSNBC’s competitors did not suffer as acutely. Fox News was down only 5 percent”
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This blog discusses dividend paying investments that I find appropriate for myself…..and for investors seeking dividends and income. I am not an investment professional. You must do your own research before buying any position. All gains or losses that you realize are based on your choices.