“I told you so.”
Happy Friday! June 1, 2012
Remember this very short email that I sent out in February 7th, 2012 (see below) telling you not to get too happy about the market? It’s because it could never continued at that rate. Well, here is my broken record report: “I told you so.”
May is proving herself as the month where summer starts for the stock market and the Big Guns sell off and head to Nantucket, The Hamptons and Gull Fish Lake summer homes; those swanky summer parties don’t attend themselves!
In summary; the DOW is always below where it was at the start the year. The good news — as most of you smart investors know — is that this a good opportunity to pick up new some high dividend-paying stocks.
Anyway, this going to be a very short weekend email because, I am hunting for companies that pay us dividends again (As usual)!
Thanks for your time and attention and let talk soon. Have a great weekend!
A quick question for you
Safer investing question for you: If the Stock Markets are up as follows; NASDAQ Composite is up over 11% (The DOW is 5.3% and the S&P 500 is up 7%) in one month, what does it say to you? Here is a “hint”: 11% x 12 = 132%.