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“…you need money to buy things; you earn money by working; you may have to wait to buy things you want; and there is a difference between things you want and things that you need…” Time Magazine, Nov 30, 2015
Article – Your kid’s financial education should start much earlier than you think – By Dan Kedlec
How do oceans say hello? They wave at each other!
Can kangaroo jump higher than a house? Of course, a house does not jump at all!
My dog used to chase people o10n a bike…it got so bad that I had to take it away!!
Knock…Know…who is there? FedEx…FedEx who?
FedEx will be there tomorrow!
What is the worst kind of cat?
What do you get when you cross snowman with vampire Frost-Bite.
What kind of Bill can you breath? Billionaire.
Why did Dino go to the hospital?
Because he was (Dino) “Saur”.
How do you make eleven even?
Take away the “el.”
How do you make seven even?
Take away the “s”
Why did the chicken cross the railroad track?
Because it wanted to get to the Chick train.
What is a duck on the 4th of July?
Knock, Knock…Who is there?Banana…Banana who? Banana…Banana who?Banana…Banana who? OR-ange…Aren’t you glad I didn’t say banana?
Are you 5?
No! I am not 5! I am 4.95 plus shipping and handling!
Knock knock…Who is there? Panther!Panther, who? PantH-or-no-PantH I am going Thwiming!
Laughs above are credited to kids and various sources.
Business fun facts!
Do you know the ancestry of American people? It is a melting pot of immigrants from all over the world. This trend continues even today. These immigrants make America what it is today and are an big part in the success of businesses today.
There are over 320 million Americans today. Ancestry of Americans include: Germans over 14%, African American 12%, Irish 12%, English 8%, Mexican 8%, Italian 6%, Hispanic 5%, French 4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between 1-3% but add up to 11%. The rest are from other various countries.
In 2008, $3.3 Trillion was the total loss in value for the US housing market. In early 2006 housing market value was close to $9.4 Trillion..so almost 1/3rd of housing market value was lost due to housing, credit, and financial crisis!
Since 2008, close to 12 million jobs have been added to the job market! This has allowed many Americans to get back on track and recover from the recession. Unemployment rate is now below 5% from almost 10% in 2009 when financial markets caused the recession!
The DOW stays positive for the week!
The DOW closed up +522 points or +2.2%, the S&P500 was up +61 points or +2.4%, and NASDAQ was up +214 points or +3.2% for the week ending January 11th. The oil was up +$3.4/Barrel or +7.0% closing at $51.7/Barrel.
The New Year hope is that US-China will arrive at some amicable solution. Chinese economy is hurting badly due to US trade threat and sanctions. The Chinese Gross Domestic Product (GDP) forecast is to slow down from 6.5% to 6.2%.
China needs at least above 7% Gross Domestic Product (GDP) growth rate to keep up with its ambitious economic reforms and employment. Most of the Chinese population lives outside of large and famous Chinese cities. These people are “migrants” who come to work at the large cities based on the Chinese government controlled labor permits. The labor unrest is one of the major risks if Chinese economy continues to slow down. The Chinese government realizes it as a national risk and it is encouraging its banks to lend more to stimulate slowing economy to keep up with the required economic growth and employment.
Year-To-Date (YTD) the DOW is up +2.9% , S&P500 is up +3.6% and NASDAQ is up +5.1%.
In 2018 the DOW was down -6.7% , S&P500 down -7.0% and NASDAQ down -4.6%.
In 2017 the DOW was up 25.1%, S&P500 up 19.4% and NASDAQ up 28.2%
How did your stocks do in 2018?
Your Portfolio = -3.3%
Benchmark S&P500 = -6.2%
(returns not adjusted for dividends paid)
2018 Annual returns In 2018, our portfolio beat the benchmark S&P500 (or the market) by ~3%! For the year, our portfolio was down -3% while S&P500 was down over –6%!
The read about the power of compounding
Click 2017 volume here>Volume 585
Thank you for your feedback and comments! Now we are on to our 12th Year!!