Asset Planning, Inc Blog

The latest from the team.
Font size: + –
  Print
1 minute reading time (113 words)

Dow Hits 10,000

2354 Hits

The Dow Jones Industrial Average reached 10,000 today for the first time since October 7, 2008. The Milestone was led by strong earnings reports from Intel and JP Morgan. Oil also reached a one year high today at $75/barrel. And the VIX (Volatility Index Indicator) hit a 52 week low, meaning that investors are more positive.

The first time the Dow hit 10,000 was March 29, 1999. Here are some interesting facts of then vs. now:
Gas was $1.20/ gallon
Gold was $280/ounce vs. $1,060/ounce today
The Dollar index, as compared to other currencies, was 100.36 and today it is 75.60 - 25% weaker!
US debt was $24.6 billion and today it is $50.8 billion and growing.

Tweet
Homebuyer Tax Credit Extended
Reverse Mortgage Guidelines

About the author

Carol Somoano, MBA, CFP®

Carol Somoano, MBA, CFP®

Carol Somoano, MBA, CFP®
Financial Advisor

Carol Somoano, Vice President of Asset Planning Inc., is a Certified Financial Planner, CFP®, and is responsible for portfolio and financial plan analysis. Before Carol joined API, Inc in 2005 she worked as a management accountant for 15 years before deciding to concentrate on financial planning.  Carol obtained her B.S. in accounting from Cal Poly Pomona and her MBA from Cal State Fullerton.  She completed the UCI Financial Planning program and passed the CFP exam in March of 2004.  She is also a Notary Public and Realtor®. 

She is an active member of the Orange County Financial Planning Association and has participated in the OC Register Annual Financial Planning Hotline.  She is an active volunteer in her community and has received an Honorary and Continuing Service Award from the California State Legislature in 2003 and 2007.

Carol’s core values are client-focused, emphasizing long-term relationships built on confidence and trust.  She works diligently to increase her client’s net worth, plan for their future, and ultimately enhance their lives today.

Carol's hourly financial planning rate is $250. Carol's portfolio management fee is a maximum of 1% and is discounted for portfolios over $250,000.

PH: 714-827-5794 | Email Carol 

Author's recent posts
More posts from author

Search Blogs Module

Latest Blogs

Wait a minute, while we are rendering the calendar

Blog Categories

Uncategorized
Asset Planning News & Events
General Personal Finance
Financial Security
Retirement
Investing
Tax Planning
Widow & Estate Planning
Widow & Estate Planninng
Cash Management
memorial Day weekend September 30 2020. ice cream president Trump Orange County Superior Court 70 1/2. emergency kits phishing scams offering insurance CFP ® Fox News story Amazon Medicare Part B premiums summer tax deadlines emergency kit Medicare Advantage Facebook profile trustee rescue organizations phone companies opt-out holidays approach estate planning cell phone service provider home wells Fargo interest retirement accounts cell phone carriers offer Expired medications earthquake app Open Enrollment contribution limit Medicare Part B pet donation drive 20 year anniversary Erin Nelsen Wells Fargo customers pet Treasury Department asset Planning relief efforts interest rates Social Security EEChecklist-Kits.pdf stockpilingchecklist.pdf July weekend Wells Fargo employees Auto insurance non-prescripstion sunglasses clients show support “ skimmer ”. vacation settlement options CARES Act driver license September 8 privacy settings Social Security Administration CERTIFIED FINANCIAL PLANNER exam text messages retirement Legal robocalls house sitter student loans information Facebook Victor Dergunov 2017 TD Ameritrade National LINC Conference Part D premiums . vision screening April 15 Affordable Care Act spam phone account numbers Roth IRA Retirement Contribution Limits IRS deadline https ://seekingalpha credit card company notary services clone counterfeits car loans Medicare records coronavirus policy disaster areas pet supplies bottom line check lists earnings fallout April 18 2017. spread Puerto Rico Kiplinger Letter Medicare plan trust credit monitoring service drive /usb Supplemental Security Income news coverage client portal identity theft payments 23 andme cell phone SIM swap scam D premiums Federal Trade Commission website retirement planning toilet paper gap insurance Part B cell phone carriers privacy notices company retirement plans padlock money tax records chip-enabled EMV cards clients https :// increase home break-ins health care services breach July 6 Coronavirus Aid media accounts paper records stimulus package illiegal robocallers TD Ameritrade 401K cell phones spring cleaning jury duty Joey Gonzales tax filing deadlines fun facts Brexit vote scams business hours prescription eyeglasses FEMA website insurance policy Orange County ice cream event donation items IRS assets February 14 pet industry DNA test kits stock pile card reader borrowing money Charles Schwab phishing sites Asset Planning CA FTB people medications credit score fun atmosphere Financial Planning Magazine markets tax season water … health care costs flash drive Two-Step Verification app 2018 IRA contributions Mobile Banking Security Tips credit cards Labor Day Independence Day home emergency preparedness kits web address July 3 rd phone operations manager documents family members Shred paperwork April 11 900 number National Ice Cream month IRA accounts birth certificates emergency folder ID card credit freeze insurance policies Healthcare paperwork clutter June 29 2017 IRA contributions market turmoil portal October 1 2020. Flexible Spending Account home emergency kit email notifications California Lions Friends partner /owner Economic Security debt September 9 tax deadline Ice Cream Social checklists COVID -19 virus VOIP landline phones pets fees executive order items Medicare question banking estate 4 pm -8pm investment statements consumer spending home security Kraig Mathias years blog post credit card fraud tax returns January 10 life saver Open House identity thieves July 4 estate planning direction donation counts official certification self-help topics 2017 Equifax breach integral member FSA team members home mortgages Notary Public parking spots hurricane Dorian cell phone provider information