Friday, December 29, 2006

End of the Year

The last trading day of the year. 2006 has been quite a year. Thank you wall street for ETF's, they have saved me from financial heartache. This month has given me some fabulous dividend and capital gains payouts. I know I am not suppose to appreciate the capital gains, at least according to many columnists and financial web sites, but I love getting paid all the money I can get. I'll take the capital gains every time and pay my taxes and have a nice day.

What will 2007 bring? It is going to be a tricky year I am afraid. There are so many headwinds for this market to overcome. The falling dollar. The Fed. The inverted yield curve. The housing market. The energy market. etc, etc. I will probably be doing some selling next month to pull in my profits. will definitely be selling some of my HP stock.

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