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"...you need money to buy things; you earn money by working; you may have to wait to buy things you want; and there is a difference between things you want and things that you need..." Time Magazine, Nov 30, 2015 Article - Your kid's financial education should start much earlier than you think - By Dan Kedlec
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Little Laughs!
How do you make eleven even?
Take away the "el."
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How do you make seven even?
Take away the "s"
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What is a duck on the 4th of July?
A Fire-Quacker!!
Laughs above are credited to kids and various sources.
Business fun facts!
Do you know the ancestry of American people?It is a melting pot of immigrants from all over the world.This trend continues even today.These immigrants make America what it is today and are an big part in the success of businesses today.
There are over 320 million Americans today.Ancestry of Americans include: Germans over 14%, African American 12%, Irish 12%, English 8%, Mexican 8%, Italian 6%, Hispanic 5%, French 4%, Polish Scottish, Dutch, Norwegian, Scotch-Irish, Native American, and Swedish are between 1-3% but add up to 11%.The rest are from other various countries.
In 2008, $3.3 Trillion was the total loss in value for the US housing market. In early 2006 housing market value was close to $9.4 Trillion..so almost 1/3rd of housing market value was lost due to housing, credit, and financial crisis!
Since 2008, close to 12 million jobs have been added to the job market! This has allowed many Americans to get back on track and recover from the recession. Unemployment rate is now below 5% from almost 10% in 2009 when financial markets caused the recession!
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The DOW crosses 28K! Markets at their peak!!
The DOW closed up +424 points or +1.54%, the S&P500 was up +40 points or +1.30%, and NASDAQ was up +110 points or +1.30% for the week ending November 15th. Oil was up +$0.49 or +0.85% to $57.93 per barrel.
Investors are hanging their hat on the US-China trade news that the two countries are getting near signing the phase 1 of the deal regardless of mixed signals from US and China. It would be just wise to wait and see what ultimately happens in the end. Read What is Tariff? What does it mean? Click here for Volume 652, Volume 651, , Volume 634 and Volume 589 .
Year-To-Date (YTD) the DOW is up +20.1%, S&P500 is up +24.5% and NASDAQ is up +28.7%
In 2018 the DOW was down -6.7%, S&P500 down -7.0% and NASDAQ down -4.6%. In 2017 the DOW was up 25.1%, S&P500 up 19.4% and NASDAQ up 28.2%
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Thank you for your feedback and comments! Now we are on to our 12th Year!!
Tip!: Try moving your mouse over active definitions, such as, on the right side DOW, S&P500, NASDAQ, which will open up a pop up with details so you can learn more!
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Learn more about...
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What is a Yield Curve, types of Yield Curves, and what does Yield Curves imply? Click here for Volume 665
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What is Currency Manipulation and Tariff impact? Click here for Volume 664
What is Currency and Foreign Currency Exchange rate? Volume 14. What is stronger or weaker currency? Volume 20. What does the dollar slide mean? Volume 32.
Who was the 1st woman Federal Reserve Chair? Volume 382.
We use multiple information resources, such as, news websites, company websites, stock exchanges, newspapers, text books, and other educational resources.
Source: Bing.com, Microsoft Clipart, etc.
So far YTD... Bulls (Markets UP) = 30... Bears (DOWN) = 14...and Draw = 2
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.jpg "Kellogg (Ticker is K) has over $14 billion in sales. It is know for ready-to-eat cereal and convenience foods."){kind=small}
