In this issue we explore the newest challenge
on the myVizer website, talk investment strategy
and remind you how not to cause headaches for
those settling your estate.
you think you can pass the Finance Quiz?
out the weblink to the left for the newest challenge
on the myVizer website. It's a quick 20 question
multiple choice challenge to test your personal
is this market headed?
week I sent a communication to my investment management
clients discussing the market being in an area
I was not real comfortable with (no man's land).
This was mainly due to the 10% rise off of the
March lows and the need for consolidation if we
were going to be moving higher. Presently, there
are a couple of key items that I am watching that
will determine if new money should be invested
or if we should buckle up and get ready for more
There are two key sectors that I monitor that
gives me some insight on where the broader market
will be headed. The first is the Financial or
Banking sector. This sector led the market on
the way down this year and on the bounce up. Right
now it is heading back toward lows which puts
me in cautious mode. On the flip side the Transports
recently hit all time highs, which based on Dow
Theory is a bullish signal. So with 1 sector hitting
highs and 1 hitting lows we aren't getting any
This is the volatility index (or Fear index).
This tracks the put/call ratio and is generally
a good indicator of extreme sentiment that can
signal tops and bottoms in the market. Currently
this indicator is not registering much fear which
tells me there is a bit of complacency in the
marketplace. Not very bullish at the current levels.
500: We ran up into resistence and have now
stalled out. If the market is going to push higher
this index will need to hold up in this area.
If we roll beneath 1375 again it could be challenging.
On the flipside if we can recapture a commanding
presence above 1420 this market could move on
up to 1500 area.
I am cautious. The easy money has been made off
of the March lows. Unless we get some shifts in
the above indicators I am content to maintain
current allocations which include about 20% cash
age of Estate planning:
the internet becomes a standard in everyday life
and online accounts and communication become a
necessity, it's time to consider how your family
can access important information after your death.
you stopped to consider how many log-in ID's you
use routinely? How about your computer, email,
bank, investment and backup storage accounts?
What would happen if you died tomorrow? Would
your family be able to access your online documents,
files or accounts?
you know that many internet providers that offer
free online email accounts will terminate your
account and erase all data when they receive notification
of your death? They will also refuse to give out
passwords to family members unless instructed
by the courts.
you are preparing your estate plan make sure that
along with an inventory of assets and liabilities
you also include a listing of online userid's
and passwords for all accounts that your executor
would need access to. This can even hold true
if you are incapacitated and someone needs to
get online to pay your mortgage and utility bills.