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, February 12, 2008
Warren Buffett's offer
Stocks rallied early Tuesday morning, but began to fade in the afternoon. Investors welcomed news that Warren Buffett offered a second level of insurance on up to $800 billion in municipal bonds. So far, one bond insurer has rejected the offer, while the other two have yet to respond. Bank stocks got a boost from a White House-backed plan that would delay forclosures on financially strapped homeowners. The technology-heavy Nasdaq Composite Index posted gains during the day but finished down by just 0.02 point, nearly unchanged in percentage terms, at 2320.04. DJIA +133.40 Nasdaq -0.02 S&P 500 +9.73