by Manchester Financial | May 25, 2001 | Economy, Investing
Since December 31, 1999, the Dow has declined 7%. For many years, the only technology stock in the Dow was IBM. But, due to the great returns of technology stocks, there was great pressure to add more technology stocks to Dow so it would be more competitive with the...
by Manchester Financial | Mar 25, 2001 | Economy, Investing, Markets
You should not look at the stock market to make you wealthy. You should think of the stock market as a place where your wealth can be protected and grown if managed prudently. Over $1 trillion in value has been lost in Cisco Systems, Microsoft, and Intel. Very few...
by Manchester Financial | Jan 29, 2001 | Economy, Investing, Markets
Most financial advisory businesses grew rapidly during the last decade. This was, however, the greatest bull market in history! For most of the past decade, simple investments in individual stocks, private accounts or even mutual funds have met investor’s...
by Manchester Financial | Jan 25, 2001 | Economy, Investing, Markets
In 1999 the NASDAQ went up an astonishing 85%, and then followed that feat with a stunning –39% drop. Most investors would assume that 85% – 39% would leave them with a return of 46% for the two years combined. Would you believe it is only 12.8%, which averages...
by Manchester Financial | Jan 10, 2001 | Economy, Investing, Markets
Most investors will be glad to say goodbye to the year 2000. The S&P 500 had its worst performance in over 10 years and the NASDAQ suffered its worst loss ever, down 39%. As expected, most Wall Street pundits predict a rising market in 2001 (as they did for 2000)....
by Manchester Financial | Jan 15, 2000 | Economy, Investing, Markets
The stock market has begun the new millennium with more ups and downs than an elevator on the Empire State Building. Unfortunately, this will probably be the norm rather than the exception this year. Even with this volatility there is still good reason for optimism....