Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, July 31, 2006

Almost August

It's the last day of July. Markets dipped slightly, as we wait for the next Fed meeting. Everyone seems to be reading the signs, trying to decide if a rate increase will be announced. The expectation is that this would be the last for a while. More importantly than the increase will be the wording of the press release. Will the Fed signal the end of their activity? If so, the final quarter of the year should give us much-needed relief. If you need relief from the market volatility, consider sticking to dividend paying stocks. Nice, fat dividends help to ease the pain of market fluctuations! Dow -34.02 NASDAQ -2.67 S&P 500 -1.89