Waterford Financial, inc.

Solid effort everyone ⛳️😂

American ballistic missile submarine USS Rhode Island arrives in Gibraltar A US Navy nuclear submarine has arrived in Gibraltar.The USS Rhode Island is an Ohio-class ballistic missile submarine - meaning it has the capability to car...

No longer in business due to retirement

We have now bounced off the 10% drop, twice, on the stock market. Normally drops test their bottoms three times. If they drop substantially more, breaking through the bottom, they will normally drop more. If they bounce off it the third time we have established a floor. Isn't this market fun! Remember; Past performance is no guarantee of future results.
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We may be in the middle of the correction I have been hoping for. The market could drop ten percent or so. That's 2600 points.🙂 At the ten percent down point is where I personally start trying to add to my stock portfolio. I have said in the past to occasionally take some profits and sit in cash waiting for an opportunity to present itself. Look at pull backs and corrections like you would a sale at the store. You're buying at a discount. HAPPY INVESTING

I liked most things about the new tax law when I first looked at it. The more I look at it the more I like it. What we had wasn't working. Our country doubled its debt in the last eight years so changes had to be tried Time will tell how successful these new tax brackets, etc., work out. Keep cash on hand for any significant pull back in the market, but, looking ahead I am very bullish. More so than I was a few months ago. Again, don't get overly exuberant. Keep some cash on hand to allow you to invest on any market corrections. And remember, these comments are not investment advice. Just my musings. Any individual advice can come only if your advisor knows your financial situation, goals, dreams, and aspirations. HAPPY INVESTING.

The market continues to rise over enthusiasm of the proposed tax bill. Don't be afraid to take profits and accumulate some cash on the sidelines. Everyone should have substantial gains over the last couple of years and cash will be great to have when the next downturn happens. Remember, you never go broke taking a profit.