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Do not trade in and out of your holdings. There have been many up and downs in the stock market. The down markets only accelerate your income. GE has raised their dividend for 28 years in a row. Why sell it? 100 shares of GE ten years ago has turned into 1200 shares today due to stock splits, and that is not counting how many shares you would have now if the dividends were being rolled back into more shares of the stock through those years.

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What did that mean to him? It meant that I opened the account for him as a new client. He now has no annual fees, other than my management fee, and his 180 day holding period for mutual funds is reduced to 90 days, minimizing, if not eliminating, the likelihood of an early redemption fee.

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How I Became a Real Estate Investor

Right. His mortgage broker and his real estate agent steered him toward an FHA loan program. Luckily, the buyer qualified for a good FNMA program as well. So I stipulated in the contract that the buyer had to gain approval for the FHA program within 5 days or else drop the FHA program and proceed with the FNMA program. Both the broker and the agent needed education on this point, which I provided in writing, and four days later the broker notified me that the buyer would not be approved by FHA and that they were proceeding with the FNMA program.

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Financial Control Who Are You Kidding
That is often the sad truth. Many people just do not have the right control over things like finances. Unfortunately, it effects people of all classes and all types of money brackets..

EML - The Eastern Company Announces Stock Split
Today (09/28/06) EML - The Eastern Company announced a 3 for 2 stock split payable October 17, 2006. It shares closed today at $24.79, down $0.34 (-1.39%). This stock is not optionable and has an average daily trading volume of about 3,501 shares..

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