Quantcast How high can it go?
Search by tag or site Login to my blog ? Start my own blog














TheMoneyBlogs
Home
About
Create your own blog
Contact us
Vote for this blog!

Don't Mess With Taxes

Taxes. Sure you hate 'em, but you're stuck with 'em. Either that, or you're stuck in a federal jail cell. We'll make your tax tasks less, well, taxing, and help cure your personal finance ills with regular dosesof money news, notices, tips, commentary, insight and humor, courtesy of Texas journalist Kay Bell.

How high can it go?

Posted on 10/07/2006 15:06 PM | Link | Post Comment

That's what investors have been asking about the stock market.

Although it gave back a little Friday, last week the Dow Jones industrial average hit a record closing high and an all-time intraday high for three days in a row. The reasons for the rally: A drop in oil prices and the belief that the Federal Reserve will continue to hold off on raising rates, at least for the near term.

So what now? How long can the upward trend continue? Should I cash out now or strap in for a long stock roller coaster ride?

Unfortunately, there's no one -- or magic -- answer. That's why you've got to do your research and develop an investing strategy that fits your financial circumstances and needs.

But where to start? There's so much information out there, from advisers to talking heads on TV to magazines to books.

And, of course, there are the financial blogs.

Well, a group of us in the blogosphere who write regularly about personal finances are among those trying to help. Last week, as the market was soaring (what good timing!) we began a collaborative review of the book, "The Bogleheads' Guide to Investing."

Bogleheads are folks who admire John Bogle, founder of the Vanguard mutual fund company, and who wrote the book to share their accumulated knowledge.

We personal finance bloggers will tell you what we think of the Bogleheads' effort with a review of one chapter from the book each week day through October. You can find more on our effort in the Reading Room area of Don't Mess With Taxes (over in the right hand column).

Our first week as book and investment strategy critics ended with Mighty Bargain Hunter's look at Chapter 5, Preserve Your Purchasing Power With Inflation-Protected Bonds. If you missed the reviews of chapters 1 through 4, check out this this page at All Financial Matters, where project coordinator JLP keeps a running list of posted reviews and coming attractions.

Enjoy. And here's to wise and worthwhile investing for us all.

Stock Quote or
Examples
ATM Wallstreet - Mon Oct 06, 2008 03:39PM
Made several great trades today. Traded the QID, QQ [read more]
ATM Wallstreet - Tue Oct 07, 2008 10:07PM
Today we have the Fed speaking and release of Fed mi [read more]
Morpheus Trading - Tue Oct 07, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them [read more]

PREMIER SPONSORED LINKS

Most Visited Blogs | Most Popular Blogs | Most Recent Blogs | Contact Us | Terms and conditions | Privacy Policy

The columns, articles, message board posts and any other features provided on TheMoneyBlogs.com are provided for personal finance, education and investment information and are not to be construed as investment advice. Under no circumstances does the information in this content represent a recommendation to buy, sell or hold any security. The views and opinions expressed in an article or column are the author's own and not necessarily those of TheMoneyBlogs.com and there is no implied endorsement by TheMoneyBlogs.com of any advice or trading strategy. The analysts and employees or affiliates of TheMoneyBlogs.com may hold positions in the stocks or industries discussed here. Your use of this and all information contained on TheMoneyBlogs.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Copyright © 2008 The Connors Group, Inc.