Stock Market Information

The stock market has been crushed ruthlessly over the past few months, and the carnage has sent many investors running for the exits. Yet at a time when it looks like the economy is in peril, that also presents opportunities to the savvy investor. The real core of financial security is having your eggs in as many income producing baskets as possible. From dividends to money market interest to income-producing real estate, wealthy people are wealthy because they have a wide variety of sources for their wealth.

Whether it’s learning how to make money online or brushing up on your investment strategy, it’s important to realize that you don’t want all of your income tethered to your current job. As recent history suggests, it may not be as secure as you think, and you’ll want those income cushions to keep you afloat should anything go wrong.

There’s been a lot of to-do about the recent McCain campaign efforts involving robo calls or automated messages to consumers across the country in an attempt to persuade them to vote. Despite some backlash however, the move has also caused a lot of businesses (and politicians) to look into the practice.

Utilizing a voice broadcast service does provide some unique benefits despite it’s somewhat tarnished reputation. Being able to get your message directly to potential customers even for a few brief moments can generate a number of sales and provide other advantages to an organization that you may not have had otherwise.

It looks like voters aren’t the only ones predicting change as the presidential election voting kicks off. Wall Street, for it’s part, is also enjoying an election day rally today, looking past the recent economic data that’s been a bit doom and gloom and hoping to put the uncertainty of the upcoming election behind them. At present, the Dow is up about 300 points, and other indexes are up over 2 percent.

Of course, judging by recent volatility, it’s still much too early in the day to decide whether this rally has legs. I’m also curious to find out how the markets will react to the winner of the presidential election. Although historically speaking Democrats are better for the economy in the long term, Democrating nominees tend to cause downturns in the short term in the market, likely due to the fear of increased regulation and government intervention. Although given the current slew of government take overs and bailouts, I’m sure that’s a muted fear at this point.

Some analysts, like Matt King, chief investment officer of Bell Investment Advisors, sounded particularly optimistic:

“It’s pretty typical of how bear markets end, “The stock market recovers well ahead of the economy.”

Let’s hope so.