This past Friday was Halloween and that means trick-or-treaters dressed in all sorts of neat costumes. We didn’t have a lot of kids ring the bell so the neighbor girl made out big-time when she and a friend came to the door later in the evening.
Of note in the financial markets on Friday was the fact that the Dow Jones Industrial Average finished at a record high level as did the S&P 500 Index. The NASDAQ finished at its highest level since March of 2000. No Dead Bodies Here: New Highs for the S&P 500, Dow; Small Caps Soar by Ben Levisohn in Barons provides a good recap. The new stock market highs on Halloween capped some scary market swings during October which saw precipitous drops around the middle of the month.
Here are a few financial articles I suggest that you check out:
Investing Blog Roundup: Schwab “Intelligent Portfolios” is the latest edition of Michael Piper’s excellent weekly collection of good financial reads.
Barbara Freidberg answers a reader’s question in Should I Buy Bonds Now?
Ben Eisen writes Investors buy stock funds at fastest pace in a year.
The Myth of the Dumb 401(k) Investor by Morningstar’s John Rekenthaler.
Managing Someone Else’s Emotions provides a nice discussion of one of the toughest parts of a financial advisor’s job via Ben Carlson.
3 Signs You Have a ‘Zombie’ 401(k) by Scott Holsopple.
I recently became a contributor to Investopedia. Here are my two most recent articles:
It will be interesting to see where the stock market goes from here. I’m hoping the rest of 2014 is not as volatile as the month of October has been.
Enjoy your weekend, back to college football and eating our stash of Halloween candy.