Saturday, October 26, 2013

Signs of an Improving Economy

Just a few years ago, there was a major recession. It was the biggest financial melt down since the Great depression that started in 1929.  The chart below represents some of the major markets over a 5 year span.

              Blue Line    = S&P 500  (Up over 80%)
              Red Line     = DJIA  (Up over 60%)
              Green Line  =S&P TSX (Up over 30%)

Markets Over Last 5 Years

For stock market year to date as seen big increases in the major Indexes. The major indices are as follows:
                 Green Line    = S&P TSX up  6.85%
                 Red Line      = DJIA up 16.09%
                 Blue Line    = S&P 500 up 20.33 %

Major Markets YTD
 With the markets doing as good as they are, it is difficult to find stocks of good companies trading at attractive yields. They are a few gems out there but they require more work to find them. Currently as I wait to find a company to invest in and building my cash position. I would like to see a minor pullback before I pull the trigger on a buy transaction.


     I am not a financial planner, financial advisor, accountant or tax attorney. The information on this blog represents my own thoughts and opinions and should NOT be taken as investment or business advice.  Every individual should do their due diligence to make their own financial decisions based on their financial situation and tolerance for risk

No comments:

Post a Comment