Day: July 19, 2021
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Today’s market dip was not a correction
The drop in the markets today was but a small blip. A correction would have looked more like a 10% drop. Keep your cool. Don’t panic. Your investment goal should encompass more than a single day move in the markets. If you look to the long term you can weather the storms.
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Exxon names new CFO
Exxon Mobil Corp. has hired Kathryn Mikells as its next chief financial officer, succeeding 43-year company veteran Andrew Swiger as the company’s top financial executive. Ms. Mikells will take over as the energy giant’s CFO Aug. 9, the company said. She previously served as CFO of Diageo PLC, a British beverage company, since 2015. Before…
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Chasing The Yield Podcast – July 19, 2021
Markets are taking a dive, J&J has more problems, Microsoft blames Israeli group, OPEC reaches compromise, hotels eliminating housekeeping, and much more!
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Do market days like today make you jittery?
I’m no longer investing for growth. I’m purely investing for income. Portfolio growth is a good side-effect if I can have it but I’m mainly looking for principal preservation. So, let me ask you, if you’re retired now like me & living off your dividends do days like today give you a scare? They shouldn’t.…