http://sorensenwealth.com/blog Sorensen Wealth management Blog, Westlake Village, California Tue, 07 Sep 2010 17:14:46 +0000 http://backend.userland.com/rss092 en The Markets Where does 2 + 2 = billions of dollars? In the stock market, of course! Back in the “good ol’ days,” investment professionals would spend their waking hours poring over financial statements, developing financial models, and analyzing reports to try and find undervalued stocks. The thought was you ... http://sorensenwealth.com/blog/?p=1050 On Labor Day, we celebrate the work of Americans. For many people, work is an important measure of self-worth. It provides a means of supporting families and creating value in communities. Here are some recent statistics that shed some light on the American workforce: 154.4 million Americans (ages 16 and ... http://sorensenwealth.com/blog/?p=1043 The Markets Has corporate America lost its gumption? Three of the things that have made the United States so great are the determination, fearlessness, and entrepreneurial spirit of our people. Unfortunately, that seems to be a bit lacking right now with the leaders of some of our country’s largest companies. ... http://sorensenwealth.com/blog/?p=1039   1. Family First   2. Plan for the future, learn from the past. Enjoy and maximize the present.   3. The past is bedrock, unchangeable, but the future is clay to be molded day by day.   4. A successful man gets what he wants. A wise man wants what he gets. ... http://sorensenwealth.com/blog/?p=1017 The Markets “We don’t think the world has ended.” With so much doom and gloom being published these days, it’s refreshing to hear a respected leader of a global, blue-chip company make a positive statement. Doug Oberhelman, the chief executive officer of Caterpillar, met with analysts last week and painted ... http://sorensenwealth.com/blog/?p=1013 The Markets One week, the glass is half full, the next week, it is half empty. Investor’s lack of conviction was on full display last week as a scandal at Hewlett Packard, a change of heart from the Fed, a revenue miss from tech bellwether Cisco Systems, and an unexpected ... http://sorensenwealth.com/blog/?p=1009 The Markets Despite a disappointing jobs report, stocks still managed to post a solid gain last week. In fact, all three major U.S. indexes --the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite --ended last week in positive territory for the year, according to CNBC. Strong corporate ... http://sorensenwealth.com/blog/?p=1004 Every night I plan for the next day, listing the six most important things I need to accomplish. I prioritize the list from most to least important. http://sorensenwealth.com/blog/?p=999 The Markets Consumers are becoming more frugal and that may turn out to be a good thing. One cause of The Great Recession was the cumulative effect of consumers spending more money than they could afford. Eventually, they got tapped out, business slowed down, and massive layoffs ensued. Of course, simple math ... http://sorensenwealth.com/blog/?p=991 The Markets “The economy is still struggling; too many Americans are still out of work; and the Nation’s long-term fiscal trajectory is unsustainable, threatening future prosperity,” according to the Mid-Session Review submitted by the White House last week. This supplemental update of the annual budget contained a number of ... http://sorensenwealth.com/blog/?p=986