Sunday, June 19, 2011

Utilities

On Friday technology stocks Google and Apple fell sharply while the Utilities SPDR (XLU) rewarded shareholders with a dividend. This is telling:

Click here for newspaper article.

David Vomund

Friday, June 3, 2011

Interest Rates Will Remain Low. What is Working?

The economy is slowing and that is being reflected in the stock market. Home prices are still falling, consumer confidence is at a six-month low, the unemployment rate ticked up, and QE2 is about to expire. What does this mean for investors? Interest rates will remain low longer than what most everyone expected:

Vomund's Newspaper Article

This is bad news for savers and those in or near their retirement years that are in need investment income. That’s where our Reduced Risk Income Portfolio comes into play.

This portfolio, which is customized to meet each client’s needs, holds securities that yield close to seven percent. The preferred stocks, fixed income instruments, and high yielding equities are ideal investments for this market environment. That’s why this is our most popular program.

Information on David Vomund's money management service is found at www.ETFportfolios.net or by calling 775-832-8555. Past performance does not guarantee future results. Consult your financial advisor before purchasing any security.