Friday the 13th Comes Early

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Friday the 13th of 2010 actually came this past Wednesday, when the stock market began to panic over a possible double-dip recession when the Federal Reserve issued another warning about our nation’s weak economic conditions. The major stock indexes all dropped by nearly 3% on that dismal Wednesday and continued to sputter throughout the rest of the week. Talk is …

Stocks Muted By Poor Jobs Report

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Stocks were sent reeling southward this past Friday as the monthly jobs report was disappointing to say the least, and raised fresh worries about economic weakness and the risk of deflation. The jobs report, which showed non-farm payrolls fell by a larger-than-expected 131,000 last month, added to a stream of economic data over recent weeks that indicate the American recovery …

Red Hot July Stocks

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The temperatures in Alabama weren’t the only thing that was hot during the month of July. All of the major equity indexes were higher by around 7% for this past month, the biggest month investors have enjoyed since a year ago. Investors flip-flopped throughout July, buying stocks on strong earnings reports and then subsequently selling on weaker-than-expected economic numbers. For …

2010 Fi360 Article Competition Winner – Andrew D. Rice

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Andy recently won Fi360’s article competition for the article he wrote “Roth Conversion – The Gamble of a Lifetime”.  The article was published by Investment News on January 31, 2010.  You can also read the announcement of Andy as the winner on Fi360’s website   Andy RiceAndy graduated from the University of Alabama-Birmingham with a B.S. degree in Accounting. He …

Roth Conversions – “The Gamble of a Lifetime”

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This Article actually won Andy the coveted “2010 Fi360 Article Competition”.  Fi360 promotes Fiduciary Excellence among financial advisors, which we at MMS Inc. take very seriously.  Fi360 owns and awards the AIF and AIFA professional designations, provides analytical and reporting technology and ongoing support for all types of fiduciaries and financial service providers, including advisors, wealth managers, plan sponsors, trustees, …