Nasdaq Index: Party Like It’s 1999!

Aug 23, 2014

Click here for this week's charts.

 

The wild story of the QQQ, Nasdaq 100 index contains important lessons for investors.

Launched over 15 years ago in the 1999 technology boom, the shares opened at about $54 skyrocketing in less than a year to over $120. The index contains the 100 largest companies on the NASDAQ composite index ranked by market capitalization. The buying frenzy in the QQQ shares set the stage for a collapse to $20 in October of 2001. The index this week approached the $100 mark, a 14 year high. Dangers have increased with valuations. This week’s program explores lessons and strategies. 

The S&P 500 index notched another all time high this week. 

---

Deflation?

Since April 28th, 2014 the Bloomberg commodity index has declined remarkably by about 10%. Record crops of corn and wheat contributed to the decline. Oil approached $94 per barrel at the lows this week as natural gas remained below $4 per million BTU’s. Gold punched below $1,300 per troy oz.  

---

The Profit Report:

• TOD’s, Trusts, and Family Limited Partnerships
• How they work in real life situations.
• Trustee Boot Camp!

---

SUMMER PLANNING SEASON FEATURE: 12 KEY ACTIONS TO TAKE BEFORE RETIREMENT

12 KEY ACTIONS TO TAKE BEFORE RETIREMENT

---

Featured Investment Intelligence:

• TAX PLANNING: GET THE RECOMMENDED GUIDE AND CALL YOUR CPA TO SET THE APPOINTMENT Tax Planning Strategies for 2014 and Beyond - from Nuveen Investments

• A GUIDE TO SOCIAL SECURITY. A Guide to Social Security: Know Your Options; Maximize Your Benefits – from Nuveen Investments

• As a supplement to the general rule, “GET ALL YOU CAN AS FAST AS YOU CAN” this week’s featured guide demonstrates the ability to access retroactive lump sum payments for disability.

• Market Perspectives by Scott Minerd: Don’t Fight the U.S. Treasury Rally

---

REQUEST A SAMPLE PORTFOLIO FOR DISCUSSION:

WHAT ARE OTHER INVESTORS DOING? Request NWR Package