markets

If you are reading this blog and are between the ages of 18 and 30, I would like you to take particular interest in this entry. All information provided in this posting is just that, information. I am not a spokesperson for a wealth management group, and opinions represented here are merely my take on the American Stock Market. Securities contain risk and may lose value.

So there is much speculation about the market right now. Critics of the Administration rail that obsessive government spending for “socialist” programs including health insurance coverage, unemployment assistance and mortgage re-financing, are undermining our capitalistic economy. The backlash of the bailout of insurance giant American International Group (AIG) and other bailouts are an often pegged point.

Now, I’m going to take a firm stance on this. Pundits are speculating that the stock market could plummet in the near or long term future. That inflation from the government borrowing and spending will stunt gross domestic product (GDP) and leave your children with the tax burden. This is actually a pretty effective technique from conservatives to drive consumer confidence to the floor, thus making the Administration seem less effective and promoting slow growth of the market.

Objectively looking at this, if you have some extra cash and do your research, the time to buy stock is now. After the collapse in late 2008 the capital market has been a hungry hungry hippo for cash, gobbling up stake as it comes its way. I wanted to share an excel spreadsheet of how I have been doing since initially investing. It is mention worthy to note that I have been studying the stocks that I invested in since the summer of last year.

This research came from news briefs from websites such as the Wall Street Journal’s Marketwatch, Bloomberg News, and most importantly from simply watching the stock market through my eTrade brokerage account. Having this account open has been the biggest tool that I used in making these decisions, because eTrade offers data analysis of each stock. These analyzation tools are updated weekly opinion statements by groups such as Thomson Reuters, Standard & Poor’s, Jaywalk Consensus Report from ConvergEx Group, and Market Edge Second Opinion.

CLICK THIS LINK TO VIEW MY CURRENT PORTFOLIO