|John J Barrios, CFP® Presents:|
“A happy marriage is the union of two good forgivers.”
– Robert Quillen
If you’re a new parent, you have 18 years to save for your child’s college education. Start now, because who knows what college will cost by 2030.
A man brings a silver antique wrapped up in a towel to an appraiser, claiming it is a trophy engraved “To General Stonewall Jackson, presented after the first Battle of Bull Run, 1861.” The appraiser knows it is a fake without even looking at it. Why?
Last week’s riddle:
Last week’s answer:
The letter V.
|October 31, 2011
Households EARN & SAVE LESS, YET SPEND MORE
CONTRASTING CONSUMER SENtiment findings
NEW HOME SALES up 5.7%
A TERRIFIC WEEK FOR STOCKS
THIS WEEK: On Monday, Allstate and Humana issue earnings reports. Tuesday, the ISM October manufacturing index is released and 3Q results come in from Pfizer, Valero, MetroPCS and Archer Daniels Midland. Wednesday, Ben Bernanke speaks as the Federal Reserve wraps up a two-day policy meeting; earnings are released by Molson Coors, Tesoro, Qualcomm, Kraft Foods, Comcast and MasterCard. Thursday we get earnings from CVS, Starbucks, CBS, Genworth, AIG, Fluor, Sunoco, Kellogg, PG&E and Public Storage; there will also be an ECB rate decision, and the ISM service sector index for October comes out. On Friday, October’s unemployment report will be released.
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|John Barrios is registered to offer securities through First Heartland Capital, Inc. Member FINRA & SIPC, and offer advisory services through First Heartland Consultants, Inc. Barrios Financial Services is not affiliated with First Heartland Capital, Inc.
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1 – foxbusiness.com/markets/2011/10/28/consumer-spending-rises-weak-incomes-worry/ [10/28/11]
2 – montoyaregistry.com/Financial-Market.aspx?financial-market=5-savings-secrets&category=29 [10/28/11]
3 – npr.org/blogs/thetwo-way/2011/10/25/141683694/consumer-confidence-back-down-to-recession-level [10/25/11]
4 – marketwatch.com/story/new-us-home-sales-rise-as-prices-tumble-2011-10-26 [10/26/11]
5 – bloomberg.com/news/2011-10-27/pending-sales-of-u-s-existing-homes-unexpectedly-falls-4-6-on-demand-ebb.html [10/27/11]
6 – articles.latimes.com/2011/oct/25/business/la-fi-home-prices-20111026 [10/25/11]
7 – marketwatch.com/story/greek-bondholders-to-take-50-haircut-2011-10-26 [10/27/11]
8 – abcnews.go.com/Business/gdp-grew-25-percent-boosted-consumer-spending-double/story?id=14821833 [10/27/11]
9 – money.msn.com/market-news/post.aspx?post=9a8a85b3-fec9-44a1-992f-8ad9c15a1c30 [10/28/11]
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10 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=10%2F28F2%2F10&x=10&y=18 [10/28/11]
10 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=10%2F28%2F10&x=0&y=0 [10/28/11]
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10 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=10%2F27%2F06&x=0&y=0 [10/28/11]
10 – bigcharts.marketwatch.com/historical/default.asp?symb=DJIA&closeDate=10%2F29%2F01&x=0&y=0 [10/28/11]
10 – bigcharts.marketwatch.com/historical/default.asp?symb=COMP&closeDate=10%2F29%2F01&x=0&y=0 [10/28/11]
10 – bigcharts.marketwatch.com/historical/default.asp?symb=SPX&closeDate=10%2F29%2F01&x=0&y=0 [10/28/11]
11 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyield [10/28/11]
11 – treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=realyieldAll [10/28/11]
12 – treasurydirect.gov/instit/annceresult/press/preanre/2001/ofm71101.pdf [7/11/01]