An Introduction

Hi. Welcome to BourGroup and my blog. Phil

Phil Bour is a CERTIFIED FINANCIAL PLANNER(tm) professional since 2004, a Magna Cum Laude college graduate and an accounting professional for over 35+ years. I love numbers, statistics and economic history.

I am also an Enrolled Agent (EA) to represent taxpayers before the Internal Revenue Service and to prepare tax returns.

"Phil"osophy: I believe that you can manage your money on your own (not necessarily through individual stock selection but through mutual funds, ETF's and other solutions) once you receive some one-time, professional guidance. Why pay annual fees when there may be little added value? For additional information, first read the "An Introduction" label at the left. Then move on to others.

Wednesday, August 29, 2007

Consumer Expectations Index

Note how the S&P 500 trends upward over the past 40 years while the Consumer Expectations Index is far from consistent. Can this index hint at what the stock market is going to do next week, next month, next year? Maybe, when there are very large swings in consumer confidence but not on small changes. Don't listen to the hype.
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