The stock market rebounded slightly on Friday, but not enough to regain losses from earlier in the week. I added some shares of Australia's largest telecom to my IRA account. As it turned out, I could have saved nearly 10% by waiting until the end of this week, but it should all work out in the end.
I don't put much stock in the new jobs stimulus program. The only beneficiaries of the last stimulus were big banks and bank executives, who promptly paid themselves large bonuses. I figure this program will prove more of the same. So much for change in Washington, although I noticed from a CNBC article that Nancy Pelosi's net worth increase during the past year by over 50%. Wonder how that happened?
Well, enough of that. After work today I'm off to the Lake of the Ozarks for some much needed R&R. Hope everyone has a great weekend!!!
Saturday, September 24, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment