Greetings I trust that this will find you well and enjoying life!
You all know the emphasis I place on financial education and the value of knowledge. I believe that the more you know about the economy and personal finances, the better and easier it is for you to make sound financial decisions. I want to pass on a link today for an economist that I find credible and consider an excellent resource for financial information. Bob Doll CFA is a seasoned veteran in the investment industry and is the Chief Equity Strategist for Nuveen Investments. He provides a weekly update that I have come to respect through the years and one of the sources that I make a point of to reference. Based on his understanding of the economy and the markets and the reliability of his predictions, he has earned the respect of many. I am reminded of a story I heard recently. A mutual fund manager was jogging one day and she heard a tiny voice calling for help from a ditch beside the jogging path. She stopped and looked closely and saw it was a frog trying to get her attention. “Can I help you she asked?” The frog said, “yes I am really an economist, but a warlock cast a spell on me and turned me into a frog. If you will only kiss me it will release the spell and I will be an economist again and indebted to you for life.” The mutual fund manager reached down picked up the frog and put it in her jacket pocket. The frog exclaimed, ” Wait a minute, aren’t you going to help me!” The mutual fund manager replied, “I’m afraid you’re worth a lot more to me as a talking frog than an economist!”
I agree quality financial information is sometimes difficult to find. There are so many sources out there, it’s hard to know what’s quality and what’s not. Bob Dolls’ practical approach is I think worth passing on and I want you to have it. Simply go to www.nuveen.com and on the right side of the home page you can subscribe to Bob’s commentary and they will send it to you.
If you have questions or comments about this or any other financial issue don’t hesitate to call, it would be great to speak with you. And I want to add that we appreciate your referring us to your friends and family.