R.I.P.

Monday night we had to put our faithful pet Black Lab, Blacky down! She was the most gentle loving dog you could have. This dog wouldn't hurt a fly. You could take her food away while she was eating it and she wouldn't bite you. Old age is what got her. Her back hip and leg muscles basically shrunk away over the last year. It started with us having to carry her up and dog the stairs to take her out. It got worse and worse with her falling down and having trouble walking straight. Repeated trips to the Vet and medicine but her condition got worse and worse. It broke my wife and I's hearts to do it but last night we had to. She could no longer stand up on her own and she was crying yesterday. I stayed home from work to spend the day with her. Took her to the Vet last night and he gave her the shot. It was very peaceful with her going to sleep within 30 seconds with no fuss at all. We will miss her dearly. I hope there is a doggy heaven full of roasted Chicken and beef jerky for her! We will love you always Blacky! R.I.P.

Stock Sale

Many stocks are moving to the ridiculously cheap level. Such as General Electric (GE) and Hudson city (HCBK). A year from now we will all be kicking ourselves when these companies and many others share prices recover. Plus collect the 4%+ dividend while you wait for the shares to recover. Always think long term and profit from the short term corrections. Good luck investing. Tony

Stock Market Moves

Volatility has been the name of the game for the last 2 weeks. Stocks were om sale and their were bargains to be had for the long term investor. There still are short term bargains out there. I'm still stressing quality companies with a history of paying and raising their dividends. One of my favorite picks, while boring, it's been solid is Kraft Foods (KFT). Now that they are splitting the company into two stocks I like it even better. I will pick up more shares of the slow growing solid large dividend paying side of the company. Their brands are powerhouses that have staying power through all this short term noise. Good luck investing. Tony

America's Lowered Credit Rating

What will the market do tomorrow now that the US's Credit rating has been lowered? Personally I think the market has already factored in the lower rating. Think it will be a non-event. Last week's correction is just a blimp/set back in the current bull market. This is a classic buying opportunity for long term investors. I am increasing my holder in solid dividend paying companies. Good luck investing. Tony

Bad Predictions

Wow was I ever wrong about this week! Even after the debt ceiling deal was reached the market sold off big time! I am hoping it's reached it's climax correction point yesterday. Picked up a few stocks this week, on sale. Let's see next week start to correct to the upside. If it keeps going down I will pick up some more good names cheap, such as General Electric (GE). Lower price and higher yield, got to love it. Good luck investing. Tony