Tag Archive: stock market


billion bailout. In exchange for the loan, we the taxpayers would get an ownership stake in the automakers. Sounds simple, and it’s almost a no-brainer considering the havoc that will be wreaked on the economy if the big three went under.

As each day passes, the lame-duck congress is becoming more sharply divided on whether to give or not to give a $25 billion loan.

With thousands of people losing their jobs every week and retail sales hitting an all time decline, this could be the nail in the coffin if these three automakers have to shut their doors and lay people off.

This will not only affect the people who work at the big three, but the companies that depend on the spending that is derived from these employees.

Do you think the government should bailout the three automakers?

http://www.TheMichaelDBrown.com

Advertisements

What about my 401(k)?

The Dow has been a roller coaster ride over the last few weeks. Many of us have seen our investment portfolios PLUMMET! I am certain we are all crossing our fingers/toes/arms and rubbing our rabbits’ feet to see if this upward move can sustain for a few days.

I have to admit, I began to panic a little on last week, though I didn’t make any drastic moves. I am surprised at the number of people who decided to withdraw their funds completely-despite the huge penalties and the future damage caused to their long-term investment strategies.

I even considered the withdrawal options, but during my contemplation I reached out to my financial advisor, here was his reply:

With regard to your investment strategy, our firms approach to investing is that of a ‘long-term, buy-and-hold’ strategy, particularly when there are many years between now and retirement.

I have reviewed your holdings and while we have seen significant drops in value consistent with the overall market decline, I do not recommend any changes at this time. History has consistently shown that major market declines and recessions are followed by periods of economic expansion and market growth. Only by staying invested and avoiding market-timing decisions can the real long-term average returns of the market be realized.

Did you make any major changes to your portfolio?

Are you considering more changes?

http://www.TheMichaelDBrown.com

The CEO of Starbucks, Howard Schultz revealed a laundry list of “saviors” for the struggling coffee giant.

During the annual meeting on Wednesday Howard made it clear that he was not going to go down without a fight.

Here are his suggestions for breathing life into the company:

New espresso machines- They will put in high-tech espresso machines in all U.S. stores. This shorter and faster machine will make the customer experience better.

New coffee ground fresh- The coffee used to make the daily drip coffee will come from fresh ground beans.

Networking site- In an attempt to pull the younger crowd into the doors, they will launch mystarbucksidea.com. This site will be used to get ideas and chat with customers.

Loyalty cards- The Starbucks Rewards Program will initially offer free extras to customers. I am not sure what happens after the “free period”

French-press coffee- A special French press machine will offer individual cups of brew

Green connection- They will do more with Conservation International, including making a financial commitment.

Giving the tough economic situation, do you think the “saviors” will save the coffee giant? Or should they just drop the price of their products?

http://www.FreshCustomerService.com

transactions per store falling for the first time ever during the company’s fourth quarter, which ended Sept. 30.

In retaking the reins of Starbucks Corp., Howard Schultz will have to fix a coffee empire that he says has become stifled by bureaucracy and has lost the courage that helped it change how Americans get their coffee.

Starbucks ousted CEO Jim Donald yesterday and said that, effective immediately, Mr. Schultz, the chairman, will take on the additional role.

Once one of the hottest growth stocks, Starbucks shares were at $18.38 at 4 p.m. yesterday, down 48% from the $35.14 price a year ago. After the news, announced after the close of the market, shares of Starbucks rose $1.65, or 9%, to $20.03.

What do you think has contributed to Starbucks decline?

A. The price of their products
B. The store experience
C. Front line employees
D. Something else

http://www.freshcustomerservice.com