The Financial Diva

Merry Christmas...Tax Cuts!

2010-12-14T11:03:00.001-06:00

Déjà Vu

If I didn't know any better, I would think we only hire idiots to serve in Congress...and I have the highest respect for those willing to serve, after being elected as an Oklahoma Representative to the White House Conference on Small Business.

Writing legislation that a committee - from New Jersey, to San Francisco, to the Midwest - can agree on is no easy task! But with 4000 Top Issues effecting Small Business Owners that was narrowed down to 60, legislation was written, debated, voted on, and submitted to the President to submit to Congress in 4 days, I have little sympathy. Ya heard me right? 4 Days.

Does one Really have to wonder why the American people want successful Business Owners to run for office? I dont think so.

Here goes the Diva being outraged!

* Referring/Calling the "Tax extensions" "Tax Cuts", is absurd.

* Pretending we haven't known for 10 years this was coming up for renewal, is absurd!

* Just because Congress doesn't choose to plan a proper budget or plan for their tax responsibility doesn't mean Americans don't. But we do deserve more than a day or week to do it. Absolutely absurd!

* And for those who want to argue the "Rich", all of you earning over $250,000 per year (believe me, I know a small business owner earning $250,000 isn't rich; poor Congress doesn't even know how a business is managed successfully) can really send in any amount over and above their tax responsibility and have always had that opportunity. A recent quote from Mr. Warren Buffet, "I think that people at the high end - people like myself - should be paying a lot more in taxes...." Nobody's stopping you. Absurd.

Just like during the financial crisis in 2008, Congress didn't act until it was too late for millions of Americans....retroactive...seriously?!

Gold vs. Stocks

2010-11-29T13:46:00.009-06:00

To Buy Gold or Stocks, That Is the Question... I Choose Stocks.

If you want to ensure the most money when selling your gold make sure to ask the following questions: "Are you a licensed dealer for gold"? "Have your scales been tested and approved"? "What are you paying for gold"?

Want Warren Buffett's opinion on Gold? Click Here: Forget Gold!

To make sure buyers/sellers are licensed, visit your state's website under consumer credit and look to see for yourself!

Consumer Credit-Oklahoma

Watch as I Discuss Saving a Buck

2010-11-12T11:52:00.003-06:00

The Financial Diva seen on NewsChannel 4 this morning.

Click the link below to watch Meg Alexander's segment and Victoria on "Saving a Buck: New Baby Blunders."

Saving A Buck

Should I Die This Year?

2010-11-10T13:21:00.001-06:00

2010 Tax Conundrum

Are you confused about all the chatter regarding 2010 Tax Planning? Do you know how to plan for the likelihood of the tax laws changing?

If you're not, you should be.

For example; if you really love your children, schedule your death on December 31st. That's right, this would be the most emotionally considerate and most efficient for Tax planning purposes for your children. Thanks to the Economic Growth and Tax Relief and Reconciliation Act of 2001, for this one year only you would pay zero estate tax! Which will expire January 1, 2011.

All the chatter about will or won't Congress extend/modify the 2001 Act for Long term, Short term capital gains, AMT tax, etc. is exhausting. In my conversations with numerous CPA's, Economists, Strategists, etc., no two Financial Gurus can agree.

So what is a person to do?

Best course of action is, as always, have a Plan. If you haven't heard from your CPA, be proactive, contact them for their recommendation for Plan A (Congress extends the Tax cuts) and Plan B (if Congress doesn't). This way you will not be blindsided come April 2011.

For me; I will be attending an exciting Tax Forum to learn anything new I may pass along and continue to keep my eye on Congress to see which way the winds will blow.

Happy Tax Planning!!

Money Does Matter!

2010-10-04T16:06:00.004-05:00

My good friend, Cyndi Cleary, wrote an article the other day of why "Money Matters". In my opinion, it is a "must read". She is the Property Manager and Commercial Leasing Banker for Waterford Properties. Also, she is the 2010 chairman for the Commercial Real Estate Alliance for OKC Metropolitan Association of Realtor's.

Money Matters
By: Cyndi Cleary

"Money Matters" they can make your life a living hell or we can take "Money and Make it Matter". We can take a positive approach, by turning situations around, make it into something good and finding ways to make money heal.

Today the media is constantly bombarding us with negativity about the Economy, Health Care, Terrorism, War, this and that of which many fears are based upon Money and the lack thereof.

We need to Detoxify our minds, try turning off the TV, setting aside the papers and periodicals and look with a different perspective on how Money can Matter, in a positive light.

We need to feed our minds with books and programs that help build our minds and spirit. At the OKMAR Management Conference I received a copy of the book "ReThink your Life". We can learn to live a quality life and make the most of our precious time here on Earth. We as individuals can make a difference.

When we take care of ourselves, we make a positive effect in our community and in the World. In these times and days, that truly is a refreshing blessing to ourselves and for others to behold.

A dear friend of mine Victoria Woods, who has appeared on local and National Television, she is also known as the "Financial Diva" and the author of the book, "It's all about the Money Honey". She has laid out some very simple specific steps to financial freedom. Get out of debt, cash is king. Make a budget, have a plan and stick to it. Give to others, by way of tithes or gifts. Pay yourself automatic payments, it makes savings easier. Keep balanced; diversify your assets by not putting all your eggs in one basket. Do your best to save 24 months of expenses, as a safety net, in the case of challenging times. "Consistency will always outperform occasional brilliance."

Don't ask advice from broke people, mentally financially, or spiritually, or anyone who does not have what you want. Surround yourself with good advisors and people who have what you want in life.

Money is not evil. Money is not only good, but very good. Lead a balanced life; satisfy your peace of mind, harmony, love, joy, and perfect health. Have a desire to express your talents and be joyful in contributing to the welfare and success of others. Envy and jealousy are a stumbling block to the flow of wealth; therefore rejoice in the prosperity of others.

Decide to be wealthy by using your mind in accumulating wealth, for the sweat of your brow and hard labor is one way to become the richest man in the grave.

Don't make money your aim. Claim wealth, happiness, peace, true expression and love and personally radiate love and good will to all.

Wealth is not simply a "Matter of Money"; it's about a way of life. The more you give the more abundance flows back to you. Circulating it freely in your life, you are economically healthy, like the tide and flow. When the tide goes out, you are absolutely certain it will return.

You are destined for greatness. With perseverance you can make a difference in the world. The wealthier you are, the more people you can help, as well as help solve problems.

Isn't it a striking coincidence that "American" ends with "I Can"? Make a difference in your personal life, career, and community by making "Money Matter".

Cyndi Cleary RPA., ARM.
Property Manager & Commercial Leasing Broker
Waterford Propertiess

Seriously? $2 Million Dollars?

2010-09-22T08:55:00.002-05:00

The Myths...

TARP vs. Stimulus

Our Economy unquestionably needs Stimulus, and lots of it. But, have you looked far into the details of the proposed "financial rescue plan" (known as TARP)? It may matter more than you think.

What are a few of the Public perceptions that you may have? Here are a few of the Myths...

1.) TARP & Stimulus? -Same thing.
- MYTH! "The Troubled Asset Relief Program" was an $800 billion lending program to stop a run on banks, which is due back to the lender; that would be You!

2.) The Stimulus, can't Stimulate!!
-MYTH! Stimulus is designed to introduce money that will be spent abruptly; roads, highways, bridges, etc; thus keeping employment from declining further. We then wait for consumers to be ready to start spending again! Keep in mind, this is only a temporary gap-filler, NOT a permanent fix. Problem is it isn't working so well due to the polarization of Business Owners reluctant to add employees.

3.) Tax cuts for wealthy people stimulate spending! (First you might want to define wealthy; would we be talking Celebrities, Professional Athletes or Small Business owners? The job creators, taking all the risks, kinda like you and me?)
-MYTH! WSJ can call it a Myth, however, I know when I keep more of my money I don't waste it, I hire more people, buy more stuff; thus support other small business owners, tip more, buy more gifts, give more away...etc. People are simply more of who they are when they have more money...if they are naturally greedy that is what they will be more of, if they are generous they will be more generous!

4.) 66 Cents in value for every TARP dollar spent??
-MYTH! Elizabeth Warren is getting criticized regarding her admonishing of our Treasury Department. It would be horrifying to me if it were true...we are being paid back for a great deal of the TARP, but Stimulus is much worse. LA recently reported every job saved/created was at a cost of an estimated 2 Million. The rebuttal - only 7 Million has been spent...thus costing ONLY $128,444 per job! Don't you feel better? Well California, get to spending and creating those jobs for Americans. It would not take me long to create jobs if Americans gave me 11 Million.

If it weren't so frustrating you could laugh! But then that's coming from someone who literally hurts if Time, Money or Opportunity is wasted!

Great Opportunities!

2010-08-16T09:57:00.001-05:00

In our Quarterly Client Advisory Board meeting we had a lengthy discussion regarding my position and philosophy on SMA (Separately Managed Accounts). These accounts are for Investors that have discretionary funds in a separate account for alternative investments, Individual stocks, etc. I shared the 3 recommendations over the last 18 months at the meeting. They have positive returns of +12.47%, +41.27% and +49.29%.

You may have heard the term "Alternative Investments" in the news recently and wonder "what the heck is that'? As usual, "it depends" on who you ask and what their definition is. So first and foremost; "what do you mean by Alternative Investments?"

At ChappelWood Financial Services (CFS) we define it as any investment that is anything other than traditional investments such as stocks, bonds, cash, property or insurance products.

At the top of this list is a Private Placement. During our last 22 years we have seen 1 or 2 every four or five years. We are now seeing 4 or 5 every couple of months. If you have ever wanted to be an Investor in a Movie, Web based Recreational Sports company, Products sold in Home Depot, Energy company, Physical Fitness products, Security Industry, etc now is the best opportunity. By the time I finish typing there will be another on my desk, in my email or by phone message. It should also be noted that one Board Member described the additional time, research and analysis as "a Lot of additional work!". I greatly appreciate his recognition because yes, it really, really is!

We can always discuss these opportunities in our next Quarterly Review and how appropriate they may or may not be for you. To discuss these opportunities before then simply call me at the office at 405 348-0909.

Hoping your summer continues to be filled with lasting memories!

- The Financial Diva

Shivaun Palmer interviews Victoria Woods on Women's Broadcast Network!

2010-08-11T09:00:00.006-05:00

Are you tired of watching your money disappear?

Watch and listen as The Financial Diva discusses telling your $Money "what to do" and ways to make informed judgments about the use, and management of your money.

Click the link below to check it out!

Women's Broadcast Network
(The life-lifting News Program for Women)

2010-08-09T13:30:00.003-05:00

Is it time for you to get out your oars and Row?

You may have heard, over the years, the term "Sailing & Rowing". It goes a little like this; when the market is on the rise, the waters are smooth, the winds are brisk, and you can cast your boat sails, sit back and glide along with the tide. But when the market is volatile, the tide is turbulent you may have to get out your oars and row.

We would rather be Sailing than Rowing, but as we have recently experienced, the market is ever-changing, and sometimes we "must" get our oars out and row.

ChappelWood Financial is providing this interactive video with five simple questions that may help you determine your financial future. Just click the link below to view the Sailing & Rowing Interactive video;

Click this link!

Good News

2010-07-06T09:09:00.002-05:00

Happy Birthday America!!

Consumer Confidence Market Volatility

Today I was at a wonderful party and the conversation is always the same these days; economy, media and Administration. One very seasoned successful business owner I have known for almost 20 years shared with me what he encourages his employees to do; "turn off the news and don't read the newspapers! We are sustaining our business. We don't want you to buy into talking ourselves into a never ending recession". He is a very smart employer.

Are there any positives? Will you ever hear any of them? Probably not. Here are just a couple to give you the idea of what we know:

* Economic activity advanced in 47 of the 50 states in May and over the past three months, according to the Philly Fed and 19 states registered positive growth over the last 12 months
* Half of the ten individual indicators made positive contributions in May, led by the interest rate spread and real money supply
* The national index rose 0.5% in May, the most since March 2000. It has risen 1.3% over the past three months, the most in six years, and equivalent to a 5.3% annualized rate of real GDP growth

We can not deny the seriousness of our current economic circumstances. However, we must analyze and evaluate the world as it is, how it is changing and make the best decisions accordingly, understanding the very fragile volatile environment we find ourselves in. Of course we expect this even when the Dow soared to 11,500. My comments to the media from August of 2009, "if we end 2009 at 10,000 we should fall on our knees and give thanks".

Many investors with "new monies" are considering investments they have considered inappropriate for their Risk Tolerance in the past, such as Preservation Strategies, Annuities and Private Investments. It is having all asset allocations, a mix of varying strategies, guarantee of principal and added alternative investments, nothing in correlation.

Over the years there have been private investment opportunities come my way and I have shared with select clients with cash looking for these opportunities, which don't come along that often; a few every 5 years. In the last several months I have had more of these Investment opportunities than in the last 10 years. This is a clear indication Banks are still not lending as in the past. They clearly still want to take very little if no risk at all which is not exactly the Entrepreneurial American Spirit! Opportunities could be provided by looking closely at some of these opportunities, and I will be sharing them with those of you with additional liquidity at hand.

Happy Independence Day!

Financial Diva - "Boosting Your Salary"

2010-06-18T11:44:00.003-05:00

Did you miss the Diva's segment with Chellie Mills on KFOR Tuesday evening?

Well, here's your chance to catch up
on what the Diva had to say on ways to Boost Your Salary...just click the below link!

4 Ways to Boost Your Salary

What the 2010 State Repeal Means

2010-04-26T15:23:00.001-05:00

The Federal Estate Tax Has Been Repealed For 2010, But It Is Scheduled To Return In 2011 With An Exemption Of $1,000,000.

As of January 1, 2010, the Federal Estate Tax has been repealed! That's the good news. The bad news is that if Congress does not change the law, the exemption will be one million dollars beginning January 1, 2011.

The highest estate tax rate is also scheduled to increase to 55%. There have been attempts to pass legislation to prevent this, but all have failed. This means if your net estate were $2,000,000, the estate tax owed would approach $500,000.

This is not a time to panic, but it is a time for a close Trust review in 2010. Remember, your estate includes all of your assets and the proceeds from any life insurance policy you control.

Source: Michael Clark, Vaughn, Winton & Clark

SEC Lawsuit Against Goldman Sachs

2010-04-22T09:56:00.002-05:00

On Friday April 16, 2010, it was widely reported that the SEC filed a civil lawsuit against Goldman Sachs Group Inc ("Goldman Sachs") alleging fraud in the construction and sale of a mortgage-backed securities product. The GFWM Investment Strategies team reached out to Goldman Sachs to better understand the scope of the inquiry and Goldman Sachs's position on the issue. In order to provide you with as much clarity around this situation as possible, we would like to share some insights based upon conversations with Goldman Sachs.

First, the product in question in the SEC suit was created and sold by the securities division of Goldman Sachs. This group is a separate division of Goldman Sachs and functionally unrelated to the investment management division which is responsible for the GFWM asset allocation models, Goldman Sachs mutual funds and sub-advisory services provided to the AssetMark Core Plus Fixed Income Fund.

Second, the transaction in question involved a privately-structured product that was traded by sophisticated institutional investors. In contrast, the Goldman Sachs Asset Management Asset Allocation Strategies on the GFWM platform are delivered through highly-regulated retail mutual funds, and the Goldman Sachs sub-advisory services to the AssetMark Core Plus Fixed Income Fund trade primarily in liquid fixed-income securities.

The GFWM Investment Strategies team will be meeting with Goldman Sachs at their headquarters in the coming weeks as GFWM accelerates their ongoing due diligence efforts in light of this news. Their due diligence process includes a deep examination of organizational and personnel structures both directly and indirectly related to the strategies provided through GFWM.

While we expect and believe this issue to have little direct relevance to asset management services provided to GFWM, please be assured that ChappelWood will continue to monitor the situation.

Q1 2010 Market Update

2010-04-19T13:04:00.001-05:00

First Quarter 2010 Report

At the end of the first quarter of 2010 the Dow Jones Industrial Average closed up 4.82%. The S&P 500 index finished with a gain of 5.39%. Within U.S. equity markets, generally speaking small-cap stocks fared better than large-cap stocks for the quarter and value outperformed growth. In the international arena, the MSCI EAFE Index (a proxy for developed international markets) posted a return of 0.94%. The MSCI EAFE Emerging Markets Index posted a gain of 2.45% during the quarter. The FTSE MAREIT Index returned 10.02%. In the bond markets the Barclays Capital Aggregate Bond Index returned 1.78%.

The U.S. Dollar appreciated 6.90% against the Euro and 1.13% versus the Japanese Yen for the quarter.

Sourses: Bloomberg, Ibid, Bureau of Labor Statistics

One Person's Mistake is Another's Lesson

2010-04-09T09:34:00.002-05:00

Click below to see my latest article

One Person's Mistake is Another's Lesson

Your Financial Diet is Critical

2010-02-16T09:38:00.001-06:00

If you are one of those whose fortunes took a dive at the end of 2008, you're not alone. With the market down almost 40 percent at the end of 2008 and recently up more than 20 percent, it's no wonder the average person's head is spinning. People are scared, angry and confused about what they should do next. It's time to take action!...

To read more from this article, click the link below.

Your Financial Diet is Critical

Love and $Money

2010-02-08T14:01:00.002-06:00

Wondering what to get your sweetie this Valentine's? What is that saying? "Melt in your mouth, not in your hands..." Well, do something for them that will last longer than chocolate this Valentines Day.

Keep your partner's best interest in mind and spend time investing in each other's financial future and maybe laugh just a little.

Click the link below to read my most recent article discussing five key points you should have with your spouse.

Love and $Money

The Top 5 Resolutions For a Richer New Year

2010-01-04T14:18:00.002-06:00

With one year behind us, what changes have many Americans made in managing their money, honey? A recent Diva poll suggests it's not the economy as much as what Congress is doing that makes Americans want to hide under their beds.

As you contemplate your New Year's resolutions, think about adding these five tips to help you grow richer in 2010 and beyond;

1. Get out of Debt - If you're falling deeper into debt, stop digging. Cut up your credit cards if necessary, establish a budget and work on paying debt down.

2. Formulate a Plan - Set your financial goals and write them down. If a plan is sound, put faith in it.

3. Take Advantage of Free Money, Honey - Contribute to your employer's 401k or retirement plan that provides matching funds. It's free money! However, I caution against contributing to your 401k if you still have credit card debt. The interest rates on credit cards will drain too much money from you.

4. Invest with Discipline - Don't chase hot tips. Diversify your portfolio. Percentage yields on an investment might sound impressive, but make sure that translates to dollars. A high return on one stock may impress your golf buddies, but the question you need to ask is 'What's the overall health of the portfolio?'

5. Remember Your Retirement - Determine how much you will need for retirement to live your lifestyle. The most important thing to know about retirement planning is that there is no one-size-fits all.

Watch this! Financial Diva & Robin Marsh on CBS.

2009-12-15T09:02:00.003-06:00

Did you miss the Financial Diva's interview with News 9's Robin Marsh in Robin's Power for Your Pocketbook segment last Thursday? Maybe you just want to re-watch it. Well, here you go! Just click this link...

News 9

Victoria has been the first in many ventures, and now she's done it again! She is the first Financial Advisor in the State of Oklahoma to embrace Social Media and recently hosted the first independent Live Chat in Oklahoma. Just view the clip above to see valuable tips that will be useful to you and your business.

--Jennifer--

Assistant to the Financial Diva

Urgent IRS Notice

2009-12-14T14:26:00.002-06:00

Required Minimum Distribution

The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from your retirement accounts annually, starting the year you turn age 70-1/2. Determining how much you are required to withdraw is an important issue in retirement planning. Use the calculator to determine your

www.ChappelWood.com

There have been many questions and confusion regarding the IRS RMD, for 2009. Below is the Recovery Act of 2008 which states the following:

"The Worker, Retiree, and Employer Recovery Act of 2008, Pub. L. No. 110-458, para. 201 "

Waives RMDs for 2009 for defined-contribution plans, tax-deferred annuities, governmental deferred-compensation plans and IRAs.

If a person turns 70 1/2 in 2008 and did not take a distribution in 2008 thus deferring until April 1, 2009 then this person still has to take the 2008 distribution in 2009 because the Act only eliminates the 2009 distribution requirement. Also this means that if a person turns 70 1/2 in 2009 and decides to not take a distribution until 2010 then the 2009 distribution required on April 1, 2010 can be eliminated and only the required 2010 distribution in 2010 needs to be distributed.

As an Independent Chief Investment Advisor I encourage you to speak to your personal CPA to discuss your individual circumstances.

Economic Update November 16, 2009

2009-11-24T14:31:00.001-06:00

Economic Update

* Retail Sales jumped 1.4%
* Gold continued to rise, closing a $1,149.55 (this is why we have diversified portfolios including all asset classes)
* October housing stats fell 10.96

* Technology continues to be the leading Sector for returns with 53.2% YTD

In the last several weeks I have met with Premier Consultants across the country and Portfolio Strategist's JP Morgan and Goldman Sachs. It has been confirmed again and again that we, CFS and you, should be very proud of our handling of this Financial Crisis.

Every Investor who had a well diversified plan, reviewed their plan and went through the excruciating pain of the last 12 months, is being rewarded. Those that continued to invest during this painful Financial Crisis are being handsomely rewarded. As an Investor, you should be very proud for not jumping ship or off a building for that matter!

Congratulations to all!

Economic Update November 17, 2009

2009-11-17T13:36:00.002-06:00

Economic Update

* Dow broke 2009 high while gold broke record high

* FDIC approved banks to repay $45 Billion (my personal favorite!)
* Unemployment claims came down

* Consumer sentiment dropped to 66.0
* Fed Funds Rate remains at 0.25%

* GDP is up 3.5%
* Unemployment rate rose to 10.2%
* Education and health services added 741k jobs while government added 34K jobs, since the employment peak in '07

* Technology continues to be the leading Sector for returns with 55.1% YTD

Share our Fun!

2009-11-10T10:16:00.003-06:00

America Gets a Dose of
Edmond's Own "Financial Diva"

At ChappelWood, every once in a while it's good to have a little fun outside of our Financial bubble here (not that $money can't be fun!). So this eNewsletter is devoted to sharing some of that "fun" we have experienced this week. Enjoy!

If you missed Victoria on the Today Show yesterday or if you just want to see it again, click below:

Today Show

We here at ChappelWood Financial Services want to congratulate Victoria on an excellent job! She is a prime example of confidence and expertise in her field and we are proud she represents us so well.

Also, be sure to pick up the November issue of Distinctly Oklahoma where Victoria is featured in their Fashion section; "Avoiding the Holi-Daze (Or How to Dress for the Holiday Season)". To view it, click below (featured on pages 68 & 71);

Distinctly Oklahoma

The Financial Diva on the Today Show

2009-11-05T10:59:00.004-06:00

That's right! The Financial Diva Victoria Woods to appear on;

NBC's Today Show
@ approx. 7:30 a.m. CST
Monday, Nov 9

TvNewser reports NBC's Today Show remains the number one in total viewership, over Good Morning America by 1.33 million. NBC has remained in the number one spot 725 consecutive weeks as of October 19 of this year.

So tune in - or if you must - set your TiVo/DVR so you don't miss what Investment advice Victoria has to give to our nation.

"I love helping people - and what better time than now to help them financially," said Woods. "Appearing on the Today Show will not only help me deliver investment advice to people all over the country, but is an opportunity to represent Oklahoma as well. That's thrilling."

Win an autographed book!

Follow @financialdiva on Twitter, from 7:30-8:30 CST during Monday's show and re-tweet her messages. You could be eligible to win one of 10 signed copies of Victoria's book "It's All About The $Money, Honey!"

Jennifer
Assistant to the Financial Diva

Desire or Fear Poll?

2009-11-02T14:56:00.002-06:00

Ok, this fired me up!

Diva Poll

A Congressman was interviewed on a California Radio station this Saturday, he claimed the Consumer was more Fearful than their Desire to buy, which is hurting the economy.

I have heard this same thing from other Congress members, as well as, as a TV Financial Contributor and being asked this same question. Urging me to say; "Help the economy, it is time to go out and Spend".

So the Government is unhappy YOU are holding on to YOU'RE cash, so Why?

Which is it? Click and tell me, I really want to know:

Fear or Desire?

Building Up Your Savings

2009-10-22T10:21:00.001-05:00

How are you building up your savings?

To hear what I said on this topic, click the link below to see my most recent interview with KFOR's Ali Meyer in her Dolls and Dollars segment.

Building Up Your Savings

Desire or Fear Poll

2009-10-06T09:20:00.002-05:00

Ok, this fired me up!

Diva Poll

A Congressman was interviewed on a California Radio station this Saturday, he claimed the Consumer was more Fearful than their Desire to buy, which is hurting the economy.

So the Government is unhappy YOU are holding on to YOU'RE cash, so Why?

Which is it? Click and tell me, I really want to know:

Fear or Desire?

Economic News Sept 28, 09

2009-09-28T15:49:00.002-05:00

Don't listen!!

The market has been responding well the last few weeks overall...however, the evidence bears these continuous wide swings. Expect to continue to see them throughout the remainder of the year. We will continue to use caution with a dose of optimism when indicators call for optimism.

"Consistency will always Outperform Occasional Brilliance!"

Economic News

* Existing homes sales dropped 2.7%

* Durable good orders dropped 2.4%

* Expect new GDP report Sept 30

* Stocks Registered new 2009 highs

* Technology Sector continues to lead the S&P 500 for the year 44.3%

October has historically been very volatile, without a recession. We will continue to be very vigilent and optimistically cautious in our efforts managing your assets: recognizing every opportunity to manage risk as well as looking for opportunities for growth.

Recession's Over!

2009-09-22T15:21:00.002-05:00

Economic News

* Retail Sales jumped 2.7% in August

* Industrial Production rose 0.8%

* Housing starts rose 1.5%

* Federal Reserve start their 2 day meeting; fully expect to keep historical low rates at their current level to help spur lending and economic recovery

* Federal Chairman Ben Bernanke is scheduled to make rate announcement at 2:15 on Wednesday, September 23rd

* Bernanke also announced recession is "likely over", the market has responded in kind by this statement

September and October have historically been very volatile. We will continue to be be very vigilent and optimistically cautious in our efforts managing your assets: recognizing every opportunity to manage risk as well as looking for opportunities for growth.

Things Come in 3's

2009-09-14T15:52:00.002-05:00

Economic News

* Consumer Sentiment rose once again.

* From March 9 to September 9, the S&P 500 grew 53%. The S&P 500 has been "up" 17 weeks and "down" 8.

* Goldman Sachs reports they have tempered their view slightly on labor, now expecting the unemployment rate to reach 10¼% in 2010, down from a previous forecast of 10½%.

* Monetary tightening seems highly unlikely in a world of vast labor and manufacturing slack, contained inflation, and reduced consumption.

* Goldman also states in a recent report; Better News Drives Up Near-term GDP: Improved news for homebuilding, home prices, manufacturing, and employment contribute to an upgrade in our second half 2009 GDP forecast from 1.0% to 3.0% annualized. This change is particularly warranted due to the economic jolt coming from the positive turn in the inventory cycle and fiscal stimulus.

Mis Behavin'

We've all heard the saying "things happen in 3's". This week is NO exception: Senator Joe Wilson starts the week of disrespectful, vulgar, rude and down right stupid behavior:

Senator Joe Wilson: yelling at the President during his speech! Regardless if he is correct, I know your mamma taught you there is "a time and a place".

Serena Williams: girlfriend your mamma/daddy needs to just "wash your mouth out with soap".

Kanye West : Wins first prize for being the rudest, most stupid man on the planet! Your Mamma is going to come back and "bust your ....." well you know!

Thank goodness bad only comes in 3's!

Sources: JP Morgan, Standard and Poors, Goldman Sachs, US Dept of Labor, Victoria's Mamma for teaching her "good manners" and "if you cant say anything nice, don't "say" anything at all".

Economic Update August, 24 2009

2009-08-25T09:32:00.001-05:00

Economic News

* Housing starts increased 7.2%
* Existing Home sales rose 3.6%
* ' Cash for Clunkers' will end early August 24th

S&P 500

Sector Returns

* Energy had the highest return 3.4%
* Healthcare came in a close 2nd 3.0%
* Technology continues to lead the YTD, 40%

Most Investors are continuing to pour money in to bond funds,which means most investors are painfully underweight in stocks relative to their long-term risk tolerance and financial goals. Maybe other investors could learn a lesson from our clients about planning, diversification, and rebalancing?

The Market continues to be very volatile. I

Economic Update August 18

2009-08-19T13:45:00.002-05:00

Headline News

* Bank Failings, 2
* US to add troops in Afghanistan
* Judge failed to approve settlement for BOA
* CFO for Madoff pled guilty and was shocked he was sent to jail
* President confronted Healthcare opposition
* The Financial Diva will be a walk on in "Saving Grace" with Academy Award winner Holly Hunter!

Economic News

* Productivity rose 6.4%
* US trade deficit grew to 27 bn in June
* Consumer sentiment fell
* July retail sales were down

Technology is leading the S&P 500 Sector Returns 37.5%

The Market continues to be very volatile. I will continue to monitor our Strategists and look for opportunities.

2009-08-11T14:18:00.002-05:00

See the Diva's newest article in this month's issue of Distinctly Oklahoma!

The article, entitled "It's Time to Go on a Financial Diet", is a 3-page spread with five helpful tips that "have your financial fitness in mind".

If you do not have access to a Distinctly Oklahoma magazine, click the link below to read the article now...

"It's Time to Go on a Financial Diet"

Until next time,
Jennifer

Economic Update/Poll

2009-08-05T10:53:00.006-05:00

Client Advisory Board Luncheon Results:

* We discussed the addition of the New Strategists Stadion and Rochdale.
* Educational Seminars, there was much discussion regarding the Value...most everyone agreed that for current Clients, since we meet and communicate so often via email, that these may not be the "Best Use of my Time" and or "Return on Investment".

After much discussion it was decided that we will be asking you to respond to One Question:

Click below to respond:

Yes or No; Benefit from an Educational Workshop

* Media, it was unanimous that participating in Smart Money, Money, Distinctly Oklahoma mags, ABC, NBC, CBS, Fox News, CNBC, etc. interviews, were beneficial for clients and the public and I should continue to take advantage of these opportunities.

Lastly, I was instructed by my Board to "have some fun!". I listen to all comments and suggestions. Thank you all for your participation and candid input.
Diva

Breat Exams at Hooters under Obama's plan?

2009-07-30T10:08:00.002-05:00

Top 10 Indicators You Are Under Obama's New Healthcare Plan:

(10) Your annual breast exam is done at Hooters.

(9) Directions to your doctor's office include "Take a left when you enter the trailer park."

(8) The tongue depressors taste faintly of Fudgesicles.

(7) The only proctologist in the plan is "Gus" from Roto-Rooter.

(6) The only item listed under Preventive Care Coverage is " an apple a day..."

(5) Your primary care physician is wearing the pants you gave to Goodwill last month.

(4) "The patient is responsible for 200% of out-of-network charges," is not a typographical error.

(3) The only expense covered 100% is "embalming."

(2) Your Prozac comes in different colors with little M's on them.

AND THE NUMBER ONE SIGN THAT YOU'VE JOINED A GOVERNMENT RUN HEALTH CARE PLAN:

(1) You ask for Viagra and they give you a Popsicle stick and Duct Tape.

Thanks to my good friend Dean Harman and his wife's doctor for sharing. Sometimes there are some things just too good that you can not resist sharing!

Diva

Prolonging the Recession

2009-07-27T10:36:00.003-05:00

Headlines

Minimum wage increased from $5.15 (January of 2007) to $7.25 effective July 24th.

Economic News

What does minimum increase mean economically?

We all want our children, grandchildren, nieces and nephews to earn good incomes. However, what does that really mean? It means they will have a harder time entering the job force, keeping a full time or even part time job.

What the government, or the so called experts, don't quite get is that's just the beginning of the cost of employees....there is also FICA, Unemployment, Sick Days, Medicare, Healthcare, Vacations, Bonuses, etc.

The Economic effect of this increase?

* Lay offs of current workers worsening the Unemployment rate

* Much more of a challenge for University students with a part time job attending college with limited skills
* Even more challenging for College graduates entering the workplace with limited experience and skills
* Those who create the jobs are challenged beyond belief as it is. This increase will do nothing but hurt the backbone of our country, Small Business Owners
* Government believes small businesses can just absorb this additional cost. Nothing could be farther from the truth...it is passed on to the consumer with higher prices for everything, or some would say another form of taxation

Higher costs, less spending, higher unemployment, slower growth for small businesses , discouraging entrepreneurs and slowing our economic recovery.

Economic Update

2009-07-21T08:35:00.004-05:00

Headlines (for up to the minute "Headline News" go to the front page of www.ChappelWood.com)

Stocks broke four week losing streak, ended last week up 7%

Warnings of the implications of new healthcare overhaul proposal

Lender CIT Group Inc, continues to be a serious concern, gov says you are on your own

Steven Rattan, Automotive Czar quits just 6 months into new job, must be really tough working for the Government

Economic News

Retail Sales rose .06%

Consumer Price Index rose .07%

Housing starts rose 3.6% in June

The DOW is up for the 6th straight session, 8848

Since the market bottom March 9, the Dow is up 35.2%

Economic Review 2nd Quarter 2009

2009-07-17T15:42:00.003-05:00

We ended the First Quarter 2009 on a note of cautious optimism, sparked by a strong March rally that lifted the S&P 500 Index to an 8.76% return for the month.

Unfortunately, the S&P 500 is still well off its September 2008 pre-financial crisis levels. A number of concerns were raised:

Credit
Liquidity not returning to credit markets. Credit spreads have declined.

Banking
Federal Reserve needed to raise additional capital- which many did through the sale of non-core assets, issuing new shares, or with the help of the government Financials turning a 35.71% return.

Recovery Signals
Consumer sentiment and confidence have increased as well as pending home sales but rising consumer confidence has not been matched by spending and unemployment continues to rise, which you know from previous Economic Reports this is normal in a recession.

Recession Forecasts
Many different opinions, but ultimately, the majority agree it's finally bottomed and is moving toward expansion.

Corrections and Bear Market Rallies
Many different projections, but ultimately, the majority agree the economy is indeed recovering.

The Diva on Twitter

2009-07-09T14:12:00.003-05:00

Can you believe it?! The Diva's finally given in and joined the Party! She is finally a twitter-er, twitter, tweeter-er...I'm still learning the lingo!

So if you've been wondering what all the fuss over Twitter is, here's your chance to find out, just click the link below! Even the Diva did it in about two minutes, all by herself! Now she's twittering away. No more waiting for a letter, TV show, radio broadcast, or Email. You will have instant, short messages and Diva-isms sent straight to you!

Click this link to see what Financial topic she is interviewed about tomorrow:

http://www.twitter.com/FinancialDiva

Oh, the joys! --Jennifer--

Your Portfolio and Unemployment?

2009-07-07T10:46:00.003-05:00

The Market fall last week due to Unemployment Numbers?

Thursday's worse-than-expected unemployment reports have some in a tizzy.

Truth of the matter, this is normal during a recession. A look back in history shows recessions reflect the same data. As a matter of fact, if history repeats itself unemployment will continue to go down even as the market continues to rise.

Now you know this is not a surprise.

Headlines

· Bernard Madoff sentenced to 150 years in prison (no sentence would be severe enough a punishment).
· Global markets finished in positive territory for the second quarter.

Economic News
· Unemployment rate rose to 9.5%.
· Payrolls fell 467,000, more than expected.
· Pending home sales improved.
· While still indicative of economic contraction, the Manufacturing Index rose for the sixth consecutive month.

"An Informed Investor is a better Investor."

Diva

5 Things You Don't Skimp on During a Recession

2009-06-30T10:35:00.004-05:00

Click here to hear what I said, on Fox Business' Money for Breakfast about what you shouldn't skimp on besides hair, nails and facials!:

View Video

Graduating Debt Free

2009-06-10T11:32:00.002-05:00

Getting ready for College, have children or Grandchildren entering? Information you must know! You will be surprised this is Not your typical interview......Diva needs to be careful when she thinks the mikes are turned off!

Graduating Debt Free?

Are Financial Trends Up?

2009-06-09T13:41:00.001-05:00

Headlines

· American savings rate hit 5.7%

· Pending Home Sales saw largest jump in 7 years
· S & P 500 Sector Returns: 8 of 10 sectors were positive including with Industrials,
Technology and Energy leading the way, which also included Financials for the 4th week.

Unemployment rate spiked to 9.4% (important to know that throughout our history, during a recession, unemployment continues to rise even though the economy is recovering)

Credit Card Bill of Rights

2009-06-08T15:46:00.001-05:00

Headlines

· GM, UAW reached deal on labor & retiree healthcare

· Senate passed credit card regulation bill
· S & P 500 Sector Returns: 6 of 10 were positive including Materials, Consumer Staples, Consumer Discretionary, Financials, Energy and Technology

Fox Business News Inteview

2009-05-22T10:34:00.002-05:00

Watch my recent interview on Fox Business News - important information for college grads...

Click Here

Banks Want to Give Bailouts Back

2009-05-12T09:10:00.002-05:00

Headlines

· Stock markets rose for third consecutive week.
· Treas. Sec. Geithner outlined program to deal with toxic assets.
· Geithner proposed massive financial market regulation.
· President to increase troops in Afghanistan.

Economic News

· Existing home sales increased 5.1%.
· Durable goods orders rebounded 3.4%.
· New home sales increased 4.7%.
· Consumer spending rose 0.2%.

Banks want to give Bailout Money back to Government, that would be us, our money? In lieu of the AIG events, who wouldn't want to give the money back? Sun Bancorp announced filing paper work to return the 89.3 million they received.

JP Morgan, Goldman Sachs, Citigroup, Bank of America, American Express, Morgan Stanley and 9 other Banks met with President Obama at the White House to discuss how this decision would "look" to Americans. The strong banks give the money back and the rest of the banks look as if they are not financially strong? What message would that send? Many want the money returned/paid back/given back by the end of the year.

Diva on CBS!

2009-05-11T11:38:00.003-05:00

Couldn't get yourself out of bed last Thursday and missed my "Saving Money is Like a Diet Plan" part our of our:

"2009 Market Recovery Plan"

with Robin Marsh? Watch it now!

Click here!

The Diva on the Jumbotron

2009-05-08T14:56:00.003-05:00

The Jumbotron?! That's right. This was shown in Times Square intermittently throughout the day on Tuesday, May 5. Pretty crazy, pretty cool, but just something I thought you might get a kick out of...Enjoy!

10 Money Management Tips

2009-05-06T10:03:00.003-05:00

Do you have kids or grandkids who are recent college graduates, or are you maybe one yourself? Click the link below to read my 10 tips published in Yahoo! Finance, Wall Streets Market Watch, Forbes, Reuters, and many more...

10 Tips For College Grads

Diva Financial Update

2009-05-05T09:12:00.005-05:00

Headlines

Swine Flu cases continue to rise

Chrysler filed for Chapter 11, will enter partnership with Fiat

Bank of America ousted Ken Lewis as bank's chairman

Supreme court Justice Souter announced retirement

Senator Specter to switch political parties

Economic News

China Stimulus already making an impact

Markets are trending on News

1Q '09 GDP contracted 6.1%

Personal Income fell.3% in March

Initial unemployment claims dropped 631,000

Consumer confidence rose in April to its highest level since

September

Taxes? Are You Paying?

2009-04-02T14:19:00.009-05:00

Well, here we are just days before we are to actively participate in the American Dream, paying your Taxes.

Are you a little frustrated that your hard earned money may be going down a "Black Hole"?
Do you feel your money would be better spent on your "Personal Bailout Plan"?

You are not alone. I hear the frustration across America from New York, Florida, California, Texas, Oklahoma and even Canada! Well, do yourself a favor and "Do Something", it is good for you psychologically. Blog, email your representatives, attend the "American Tea Party" on April 15th (google Tea Party for your states location, most are being held at your State Capitol). Just "Do Something" positive!

Click below to vote -

Do You Think the Market Will Recover?

Banks Want to Give Bailouts Back

2009-03-31T08:51:00.002-05:00

Headlines

Economic News

WallStreet Journal Article

2009-03-20T10:26:00.006-05:00

Click the link below to see a recent article in the WallStreet Journal by the Financial Diva Victoria Woods (also published in Forbes Magazine and Reuters).

WallStreet Journal Article

For a little somethin' extra, click the link below to see...

What a Trillion Dollars really looks like

Voice Your Opinion

2009-03-06T09:06:00.005-06:00

Your participation in our "Diva Poll" was remarkable!

What this says "loud and clear", Americans want their Voices to be heard!

Click and Vote:

Do You Have a "Bail Out" Plan?

Can we ALL Agree on anything?

2009-03-05T13:47:00.004-06:00

Yes, yes we can!

A day doesn't go by that I don't hear ,"Victoria, nobody paid my mortgage, nobody paid my car payment, paid my school loans, paid my business loans or bailed me out when I put living expenses on a credit card or bought a house I couldn't ever afford. I am the responsible one who has lived within my means managed my money well and I have to work harder for less and "bail out" those who chose to be irresponsible".

My response is always the same; "you have every right to be angry, outraged and disappointed. I will not attempt to justify the attempts the people we send to represent us are making. We all know they are wasting our money (pork spending), time (watching you bicker like children) and opportunity (to clean up the corruption in Washington).

The following is and email I received this morning:

"As I watched our president last night I realized that I'm obviously not paying enough in taxes and that some people actually "have to work for a living". This travesty perpetrated on the masses can't continue. I obviously need to do my part by making more money so I can pay more taxes enabling his supporters the ability to enjoy life more with no cares about paying for a home, food, education, healthcare or taxes." D Ellis

My response, "you are not alone, however, I understand that is no consolation".

We will survive this. This too shall pass.

2009-03-03T10:29:00.002-06:00

The good news:

* Dollar Index is up, largest since April of 2006, .66%
* Personal Income is up .4%
* Consumer Spending is up .6%
* Personal Savings is up 5% - largest increase since
March 1995, yes, this is a whole number, 5%.

Friday I participated in a conference call with panelists from Genworth Financial Asset Management, Goldman Sachs, Litman Gregory and JPMorgan offering their perspectives on the current market volatility and the long term prospects for recovery.

Recap:

* Market continues to fall; Lack of Leadership
* Success of the Stimulus-feel optimistic, believe the size and speed (unlike Japan, which lasted 10 years) is going to help recover much more quickly
* Incredible Opportunities

* US was first in and predicted to be the first out of the decline

* Convictions of the many tactical changes to portfolios will be rewarded
* Expect 2009 to be the same roller coaster ride; market is up 400 and down 280, as suggested 4th Quarter of 2008
* Demographic researchers are predicting sharp rises and falls, with a bounce between 11,000 and 12,000
* This is not a cause to abandoned Fundamentals
* Managing very proactively with great sensitivity

Recent Polls

2009-03-02T10:45:00.005-06:00

I recently added these polls to my Website. Feel free to participate...I find them VERY interesting.

1. Do you believe GM/any other auto maker should be "bailed out"?

2. Do you believe the "Pork" (wasteful, unnecessary spending)?

3. Do you think the stimulus package is fair?

Is The Glass Half Empty?

2009-03-02T10:38:00.001-06:00

Who are You?

Are you "The glass is Half Empty or Half Full" person?

One thing we do know we know who Warren Buffet is, "A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful", Warren Buffett.

Did you feel more comfortable investing when the market was at 14000 (High), or now when the market is at 7500 (low)?

Generally, we tend to "feel" most comfortable with, and choose to buy investments, that have begun to develop a positive track record or those that have already gone up. Conversely, we are less comfortable with investments that are currently "out of favor" or are down in performance and tend to either sell these or avoid buying them. This 'cycle of emotion' is common.

Do you believe:

This is the Buying Opportunity of a Lifetime?
or
This is the Time for Panic and Fear?

Would Captain "Sully" have been able to land that plane safely in the Hudson if he allowed panic and fear to overcome him? We all know the answer.

Government 401k Take Over

2008-11-07T15:57:00.002-06:00

US Government to seize your 401k?

Is this a rumor or is this a joke?

It has been widely reported in the past 2 weeks. Basically there has been testimony to Congress by Teresa Ghilarducci, a professor at the New School of Social Research, to remove the incentive, the tax break we currently receive, by contributing to a 401(k) plan. Then, enroll everyone into a government run retirement plan, you would be required to put away 5% of your income to earn a 3% return. You would no longer decide how and where to invest for your retirement. At retirement you would receive one check in other words rolling your Social Security and your 401k into one plan. Social Security has earned less than 2 % not even keeping up with inflation.
Does anyone really want the Government handling their 401k?

Bad Spending Habits

2008-10-13T10:30:00.003-05:00

Victoria recently had an Interview with Chellie Mills, KFOR News Channel 4, in which she discussed four things we could do to break our bad spending habits. This was probably the only Interview Victoria has done in the last month that has not been about the market. I don't know about her, but it was kind of refreshing for me!

Anyway, here are the four that Victoria talked about...

1. Plan before you shop - make a budget and stick with it. Also make a list of things you are shopping for. This helps you keep your budget.

2. Take cash with you - I believe the statistic is that we, on average, spend 33% more when we use cards instead of cash. Wow!

3. Distinguish between needs and wants - sounds simple, but is especially hard for us ladies...you know what I mean. Of course, I could say the same thing for you men and your electronics...but I won't...

4. Spend Smart - there are things you can do, like; spending $1 for a 7-Eleven coffee instead of $4 for a Starbucks coffee, or taking your lunch to work instead of eating out (you can save an average of $2,350/year when doing this!)

Those are the four points that Victoria discussed. Here's some interesting facts that I found;

-A 20-ounce bottle of Aquafina bottled water costs about $1. One bottle of water per day costs $365 per year. It costs the environment plenty, too. When my husband and I moved two years ago, we didn't much care for our tap water, so for the first time ever we starting buying bottled water. Recently, we bought a filtered water pitcher. It was my husband's idea and I actually didn't believe that it would change the taste of the water, but low and behold, it did. No more bottled water for us. And yes, you are right honey.

-The average vending machine snack costs $1. Buy a pack of cookies every afternoon at work and pay $260 per year.

-Unused memberships -- Costhelper.com reports that the monthly service fee at gyms averages between $35 and $40. At $40 per month, an unused gym membership runs $480 per year.

If you have some helpful pointers that maybe help you out in saving that extra dollar, let us know! Like Victoria loves to tell us - Don't Take Advice From Broke People!

-Jennifer-

Financial Crisis Overload

2008-10-04T09:35:00.004-05:00

You and your Hubby are so correct. It is what I call the Financial Crisis overload. Usually we over build homes, supply and demand, there is a natural slowing down or selling off inventory til the demand is high again. This is one of the main indicators on which we judged the strength and growth of our economy. Then there is the sub prime crisis, which the Financial industry new was going to implode it was just a matter of time (read about this prior to the collapse in Chapter 10, Money Principles in my book "It's All About The $Money, Honey!".. I stated so many times in July and August as the implosion started that "at least it happened now (2007) instead of next year (2008) during election year". Now, in January of 2007 I started preparing clients for what always is expected during an election year and that is typical, volatility. So no one is surprised, if we don't have it, now that's the surprise. Then we have an election like no other; there will be change a Woman (Hillary), a black man or the most mature President we have ever elected. So there will be change. Human nature is "we don't like change". The market is always volatile during an election year. Gas prices, oh my. All of these events happening at once have created the Perfect Storm. Will we survive? Of course, we are America. In every crisis there are BIG winners. There are only 2 choices stay in the boat and ride out the storm or jump in the ocean; either choice is unpleasant. I will stay in the boat.

The President's Speech - do you feel more at peace?

2008-09-25T14:02:00.002-05:00

OK, I know many of you watched the President's speech last night. One of the first things Victoria asked me this morning was if I watched it. I, reluctantly, had to say no, but jokingly said I didn't watch because I knew she would break it down for me in a brief and plain-English summary, which she did. I wont tell you what she said to me because you probably watched it, unlike me, but I will tell you something else she said; after the President was finished, a lot of the media criticized him for not going into more detail than he did, but she thought he did a fine job of explaining the situation without putting fear into the viewers. I found that interesting for some reason, and the more I thought about it, I realized it's because the media does put so much fear in our hearts, so to hear that someone, other than Victoria, remained calm during this time addressing the American people is...well, refreshing.

So what is your take? How did his speech make you feel? Do you think we will come out of this like we have done throughout American History?

Jennifer

A New "Face"

2008-09-22T09:10:00.005-05:00

May I say, what a busy week it has been in the market and in the office! If you are like me, this whole mess can be very confusing, but thankfully, I work for the Diva, so I have the luxury of receiving first-hand knowledge of what is going on, why it's happening, and what we should do about it (which Victoria's answer is always the same, ingrained in my head..."don't panic!" In fact, she often jokes that I could fill in for her on the news segments she does since I have heard her answers so many times! But fortunately for me, she is the expert - not me).

Before I rant further, let me introduce myself, because some of you know who I am, but others are saying "who is this clever blogger?" I have worked as the Diva's assistant for over 2 years now (that's it??) doing anything and everything you could possibly think of for her, the business, and her clients. My Title is actually "Office Manager", but I sometimes change it depending on what I'm doing that day. Personal Assistant, Party Coordinator (oh, I mean Event Coordinator), Leasing Agent, Radio Show Co-Host, Gatekeeper, and the list goes on. I have learned many a thing since I started here and continue to do so. Victoria is one of the most clever business women I have ever come across and I am not just saying that so that she will buy me another Armani Suit!

The sole purpose of my post is (and this should come as no surprise) that the Diva is BUSY! She can not always post Blogs every week, when she is already doing so many other things. So, silly me, I volunteered to help occasionally in order to keep our bloggers(YOU) happy with their continuous chat. So today, I title myself Blog Manager - another to add to my list.

So after all that, here's what I want to ask - did anyone see "The Women"? I saw it over the weekend with a girlfriend of mine and I must say, it was a pretty good flick. My friend thought it was hilarious, and has seen it twice now already. She's one of those that laughs at everything though, whereas it takes a bit more to get a chuckle out of me. I did laugh quite a bit, so that's a pretty good sign. If you Divas have not seen it, I do recommend this one. The surprising thing is that there is not one Male in the entire movie! This was kind of wierd if you are looking for it, but it worked quite well for the movie. So if you consider yourself a Diva, you must see this film! If you have seen it, please let me know what you thought (and also so I can feel special that someone is reading my Blog!).

Thanks for reading my rant,
Jennifer

What is Your Perspective on Long Term Investing?

2008-09-16T09:17:00.013-05:00

Some are saying "this is just like 1987". Really? In 1987, the market dropped by over 22%. But the market dropped Monday just less than 5%. If you were to listen to the media, you would have thought the market dropped by 50%! Let's keep things in Perspective. It's alarming enough without added "hype".

Today I was reminded of the quote from earlier in the quarter from Portfolio Strategist Litman/Gregory who stated the following, "it is often when the overall trend is negative that disciplined investors can build a portfolio for long-term out performance....It requires patience and the ability to weigh long-term analysis above short-term fear..."

Fear-based overreactions can make a temporary loss permanent. Long-term investment plans expect that tough markets - even bear markets - are a fact of investing life, and are often a catalyst for new opportunities. The key, and the most difficult challenge for advisors, is helping clients avoid the most significant risk they face: emotions.

How are your emotions holding up? Are you scared, frustrated, uncertain, confused, even mad? Or do you feel like you've been here before and don't like it but understand the opportunities?

Palin; How Absurd

2008-09-04T08:35:00.005-05:00

What do think of our New Vice Presidential Candidate?

Does she inspire confidence?

Is it time we have a Woman representing all the women who care about the Economy, Taxes, Education for our children, and our safety?

We don't have to ask the question "can she do both?"....be a Mother and be the Vice President; how absolutely absurd! We have been much more than that forever! As Women we manage our homes, take care of our husbands, our families, our children, our friends, our parents, his parents, grandchildren, nieces, nephews, etc, etc, etc. Oh, and by the way, all while running successful businesses! Do we bring the children to work if necessary? Yes. Do we rock them while on the phone? Yes. Do we give them little jobs and Barbies to play with while we attend a board meeting? Yes. Do we take a pump to work in order to breast feed? Yes. And we run successful companies. Can she be a Mother and be a service to her country as Vice President? Absurd.

Best Purchases Ever!!!

2008-08-13T17:30:00.004-05:00

What are your Best Buys ever? Here are just a few of mine.....

Dillards OKC, White Donna Karan Leather skirt, Retail at Dillards $398 for $19.99 (not $199.00 $19.99)

Palm Springs Consignment Store on Palm Canyon(Girlfriend Gayle and I call it the Grocery Store), Sable wrap with tails Retail $4,000 to $5,000 for $350.00!!!!!!

Consignment Store Western OKC, 2 Sample leather skirts retail $498.00 each for$70.00 each!

Encore New York, Armani Sample top $698.00 for $87.00

Gordon Stuart OKC, Classic Black silk pleated Chanel skirt $1,685.00 for $420.00

Now take all those savings and fund your 401k, 403b and ROTH accounts to the MAX!!!

Now, if only someone can share a Designer Sunglasses connection!?

Diva Blog Debut!!!!

2008-08-08T16:54:00.002-05:00

Well Hello!

The Diva Blog has been LAUNCHED, and I am so thrilled!

Before we get started in our ‘blogging’ discussion about life and money I thought I would just outline what I see in this Blog. By stating what I see in the Blog, I hope to inspire everyone to read, participate, comment and learn about many different financial areas.

I see the Diva Blog as being a light-hearted, non-intimidating way of receiving tips and advice, being able to vent about some of the common financial stresses we all face in everyday life. From the ever-rising gas prices to affording designer clothing (like the lovely ladies of Sex and the City, seen below), to vacationing, to having kids and more! We all want to live life to the fullest and we all feel financial stress at some point or another! – So why not become involved in the Diva Blog and discuss all of these topics with others who are feeling the same way!

Please feel free, all, to offer advice, techniques and tactics that have worked for you as well as share your stories about different situations you have found yourself in. From happy to sad, to stressful and cheerful – we want it all! Please request topics if there is something you would like feedback on, and lastly, please participate!!! This Blog is for you!

I see BIG things here, its takes a village to raise a ….. you know the story ;)

Happy Blogging!
Be Fabulous – Diva

You can have it all too!!

2008-08-01T19:18:00.005-05:00

I want it all, and I WANT IT NOW!

There are simple and easy ways to get all of the fabulous and fashionable attire that the ladies of Sex and the City wear, own and have.

Simple and easy.

Stay tuned for these tips.

“Don’t Take Advice From Broke People” TM

2008-08-01T16:41:00.000-05:00

About 39 percent of investors decide not to use a financial advisor – not a smart money move. The financial industry is not just complicated; it can be extremely confusing and has many layers.

Don’t panic. You don’t have to be an expert in the many nuances of the financial world, but you do stand a better chance of achieving your goals with the right financial professional helping guide you. Finding that right professional means doing some homework.

Start by checking credentials. Federal or state securities laws require brokers, investment advisors and financial firms to be licensed or registered. Investment advisors who manage $25 million or more in client assets much register with the U.S. Securities and Exchange Commission (SEC). If they manage less than $25 million, they must register with the state securities agency in the state where they do business.

This information is public, usually only a phone call or Internet search away, but it’s up to you to find it and use it to protect your investment dollars.

To find out whether a financial advisor is properly registered, ask to see the registration form, called the “Form ADV.” With a little research of registration forms and federal and state sites, an investor can learn about the advisor’s services, fees and investment strategies. State and federal Web sites also provide information about the advisor’s business and whether they’ve had problems with regulators or clients. Always ask for and carefully read the ADV before hiring an investment advisor. You should also check SEC and state resources for other information that may influence your decision.