Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Wednesday, May 24, 2006

A Slow Recovery

Whew! Stocks were up today - thank goodness! After several days of a decline, there is relief in sight! Although traders are still nervous about the recent decline, the Dow still ended up almost 19 points by the end of the day. This recent decline with the markets has investors hoping that a rate increase is surely NOT in our immediate futures, as the Fed indicated earlier. And with rates no longer increasing, you may be thinking about buying, selling, or maybe even refinancing your home. If you are, check out what the current value of your home is, according to the most recent online tool. And although we tend to panic when the markets are down, analysts point out that, if we use this time wisely, it may make us all smarter investors. DJIA: +18.97 Nasdaq: +10.41 S&P 500: +1.99