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Snapshot of the Market*

Market Index

YTD

Dow Jones Ind. Avg

-35.50%

S&P 500

-40.50%

NASDAQ Composite

-42.80%

Interest Rates

 

5-Year CD

3.96%

10-Year Treasury

3.75%

30-Yr. Fixed Mtg.

6.18%

*For the week ending:
Friday, November 10, 2008

Visit our
Reading Room
to view articles on:

Retirement Planning

Investing

Taxes

Personal Financial Planning

Estate Planning

Saving for College

Small Business Owners

Life Insurance

Health Insurance

Long Term Care Insurance

Disability Insurance

Miscellaneous

 

Tax Update

Staying aware of current tax law may help you minimize your tax bill when Income Tax reporting time rolls around. Want to get a quick look at 2008 Income Tax rates? You’ll also find: how much you can contribute to various retirement plans; the new standard deduction amount; the new personal exemption amount; and more.

[Click Here for Complete Article]

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What’s A Hedge Fund?

Not a day goes by when the phrase “hedge fund” doesn’t appear in the headline of some newspaper or Web site. In fact, hedge funds are so popular now that former Federal Reserve Chairman Alan Greenspan recently described them as “extraordinarily important … the pollinating bees of Wall Street.”

At present there are an estimated 8,800 of those “pollinating bees” in the U.S., controlling some $1.2 trillion.  And according to Greenspan, hedge funds, private equity and similar investments will dominate the investment landscape in the 21st century in the United States.

[Click Here for Complete Article]

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A New Approach to Selecting a Financial Planner

Selecting a financial planner has never been an easy task. Yes, experts have long advised checking such things as a person’s experience and education, as well as their regulatory record. But in recent years, selecting a planner has become especially difficult given so many financial professionals, including stockbrokers, insurance agents and bankers, often provide similar services, such as comprehensive financial plans and investment products.

Consumers should focus on the following issues: regulation, fiduciary responsibility, disclosure and values. First, the issue of regulation. The SEC regulates the actions of registered investment advisors (RIAs), some of whom are financial planners and some who are also investment advisers who do no financial planning.

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