Nancy Lottridge Anderson, Ph.D., CFA, and her staff offer expert advice and personal service. We offer our services on an hourly or retainer basis for our clients. Our services include account management, stock and economic research, retirement planning, and 401k slate analysis. We manage investment accounts of any size and tailor the portfolio to meet your specific needs. For clients of ours, we are available to help with any financial situation you face.
Independent, Fee-Only Financial Advisor
Tuesday, October 30, 2007
Decision time
All 3 indexes took a slight fall into the red Tuesday. The Federal Reserve will announce whether or not there will be a another rate cut tomorrow, which is weighing heavily on investor's minds. Chairman and Chief Executive Stan O'Neal resigned from Merrill Lynch and is being marked as the most dramatic fallout yet from the credit crunch. I have a feeling the $161 million in benefits, he received from various pension plans and stock grants, will help ease the pain. Crude-oil futures took a $3.15 drop but are still above the $90 a barrel mark.
DJIA -77.79 Nasdaq -0.73 S&P 500 -9.96