Showing posts with label 000 now. Show all posts
Showing posts with label 000 now. Show all posts

10/21/10

The Economy Isn't As Bad As You Think, Money Magazine

Money
In this month's Money Magazine.  Some good advice.  I will detail my own "What to Do With 10,000K" in my own article soon, but I think these are good ideas.  Money Magazine and SmartMoney are always on point for Financial Advice.  BioPharma Investor Approved. 

Dan Fuss and Loomis Sayles Bond and Pimco are good 401K planners.  Dan Fuss believes in Corporate Bonds and Foreign Treasuries.  Sounds good to me. 

Also mentioned in the What to do with 10k article, it discusses a Bond Ladder.  Bond Ladders layer out the maturities over the years and reinvests into other treasuries.  Not a bad idea.  That way you always have a bond maturing in the future. 

Why it's time to be bullish

Paul J. Lim, senior editorOctober 21, 2010: 5:34 AM ET

(Money Magazine) -- On paper, this seems like a hospitable environment for the bulls on Wall Street to roam. The recession that began in late 2007 has officially been declared over. Interest rates and inflation are at historic lows, and stocks are up more than 70% from their low 18 months ago.

But when you flip on CNBC or turn to your paper's business section, it's all gloom and anxiety. The talking heads are warning that the economy could be headed for a double-dip recession or maybe something worse.

Meanwhile, mutual fund managers are sitting on cash, and a recent survey of investment newsletters found that bearish advisers vastly outnumbered bulls for the first time since the market cratered in March 2009.

Individual investors have caught the pessimism bug too: At the end of August, only 21% of individual investors described themselves as being bullish, vs. about 50% who said they were bearish.