Not satisfied after Friday’s drop, the Dow Jones took another tumble yesterday, losing 635 points (or 5.6%) and going under 11,000 points for the first time since last November. By the end of the day, the DJIA was standing at 10,810. Other stock indices were not immune: The S&P 500 lost 80 points (or 6.7%), [...]

We knew it’s been a long time coming. We could not have expected the government to keep printing money and raising the debt ceiling without some consequence finally falling down on America. Other countries could only stomach our “IOU’s” for so long. Last Friday, the ax finally fell: the S&P downgraded America’s credit rating from [...]

Regardless of whether you have money invested in the stock market or not, the latest of our market corrections is hard to ignore. If you check newspaper headlines, the predictions are grim: Words like Recession, Depression, Economic Slowdown, and Unemployment are being thrown about at whim. Investment firms are so distraught about the market crash [...]

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It’s been a crappy decade if you’ve been trying to invest and make money in stocks. The tech bubble, the real estate collapse, bank bailouts- for the first time since the Great Depression, long term buy-and-hold strategy did not pay off.

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