Are you thinking ahead to your New Year's financial resolutions?
Kiplinger's Personal Finance, January, suggests: "Take time to talk about your next 10 to 20 years together - seeing the kids off to college, cars you'd like to drive, vacations you'd like to take, when you want to retire, etc.
"Inventory everything. Take photos or video tape of jewelry, furniture, cars, valuable papers, electronic devices, etc. List numbers of brokerage accounts, insurance policies, employee benefits and stock options. Store the list in a safe place away from home."
BULL CHARGE: "If investors were willing to buy stocks in March, they should be even more eager to invest money now. (Foster Friess, Brandywine Fund)
"Significant turnarounds occur when it appears that all defenses against a slide have broken down. Don't get caught in current negativism." (S&P Outlook)
WALL STREET WATCH: "Value stocks, derided not long ago, are now the market's winners as high-tech suffers." (David Dreman, investment manager)
"Despite strength in energy and utility areas, such stocks are still giving `buy' signals. This indicates the strength will continue. Money is leaving the tech sector." (Moneypaper)
"Remember: The stock market always looks ahead. If we do have a recession, that's the best time to buy stocks." (Steve Leuthold, money manager)
