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Investing Ideas_04 23 2010 review

|Includes:CALM, DIS, IEF, MGS, QTM, RWR, S, SIRI, Vonage Holdings Corp. (VG), VNQ

 President Barack Obama took a new tack in his administration’s push for financial reform on Wall Street. There were three main points: reform needs to bring transparency to the marketplace, banks cannot be too big to fail and consumers need to be protected.

It’s just nice words. We can not rely on them to manage our investment capital. Our three main points: patience, serenity and courage.

 

Dow Jones daily chart:

Stocks: VG, S, QTM, MGS, SIRI, CALM, DIS, RWR, IEF, VNQ