Thought for the day, plus some posts on the Stock Market, Finance, Politics, and Life!
Did any of you panic and sell this past week: http://www.frugalrules.com/secret-for-you/
"It is not the size of a man but the size of his heart that matters." - Evander Holyfield
“Show respect to people who don’t even deserve it. Not as a reflection of their character, but as a reflection of yours.” ~ Dave Willis
A couple attended marriage counseling to resolve communication problems. The fighting and bickering during the session was so bad the counselor called for a timeout and told them he was ending the session early but had an assignment for the husband.
“John,” the marriage counselor said, “you’re an athletic guy… here’s what I want you to do. I want you to jog 10 miles everyday for the next 30 days. At the end of the 30 days call me and let me know how things are going.”
At the end of the 30 days, John called the marriage counselor very excited. “I did just as you said and I have never felt better in my life!” he exclaimed over the phone.
“Great!” replied the counselor, “ And how’s your wife?”
John paused and then replied with agitated dismay, “How should I know, I’m 300 miles from home!”
The S&P has had a -14.34% correction from it's previous high to the low on Monday (DOW -19.39%, NASDAQ -21.90%). The S&P is currently pausing on the 10EMA as resistance, and next week we will see which direction it chooses to go (see chart below). If we fall back down and take out Monday's low, I'm afraid we'll be heading into a bear market and this will prove to be more than just a correction. I dipped my toes into the trading waters, and bought VO and DIA on Thursday.
“Problems are the gifts that make us dig out & figure out who we are, what we’re made for, and what we’re responsible for giving back to life.” ~ Tony Robbins
“When you start doubting yourself, remember how far you have come. Remember everything that you have faced, all the battles you have won, and all the fears you have overcome.” ~ Author Unknown
“My laughter won’t last forever but neither will my tears. We say this life isn’t perfect. And it isn’t. It isn’t perfectly good. But, it also isn’t perfectly bad, either.” ~ Yasmin Mogahed
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Disclaimer: Information on this website is to be used for educational purposes only. Information found here are personal opinions and not advice from a professional financial advisor or broker. All trading and investing comes with risk!