With things like minimum wage going up ($7.25/hr) and the housing market showing promise, the Dow Jones Industrial Average finally pushed above the 9,000 point mark for the first time since early January. In addition, my investment in Ford also reached a milestone by breaking the $7/share mark (first time since May ’08). Needless to say, I’m pleased. 
Read more
It’s interesting to note that a year ago, General Motors’ public shares were being offered at over $16/share. If you go back over the years, it was heralded by many as one of the most powerful American companies with its capital, human resources, and sound plans for future. No wonder it was easily selected as one of the 30 components of the Dow Jones Industrial Average. Read more
Today was a pretty routine day – woke up, did a lot of laundry, cleaned up around the house, went to the gym, fertilized our vegetable plants, and helped my mom cook dinner. Throughout the day, I kept my eye on the stock market, and it’s sad to say, but we’ve reached a point where our economy has dipped down to 1997 levels.
Remember 1997? I sure do. I finally hit the “double digits” by turning ten years old. My family was starting to settle into our business ventures. I was doing well in elementary school, making lots of friends and already pursuing activities dealing with medicine. Life was great.
After much deliberation between the House and Senate, President Obama is expected to sign his $787 billion federal stimulus package into law tomorrow in Denver. As the name suggests, the bill should “stimulate” all sectors of the economy and help eliminate the bleeding in unemployment, foreclosures, credit, toxic assets, etc.
