Weekly Roundup - October 12, 2013
Money and Finance

Weekly Roundup - October 12, 2013


Well this past week was pretty uneventful for me.  Just grinding it out at work, as per usual.  The bright spot is that every day that I'm at work I essentially am saving 70-80% of that days pay.  That's the beauty of keeping your expenses low and investing the rest.  Creating and sticking to a plan is the difference between achieving your goals or not.

I can't say the week was uneventful for the government or the stock market.  The markets were whipsawed around by the continuing government shutdown and looming debt ceiling deadline on October 17th.  Of course as things usually go, I had no capital to take advantage of the drop early in the week.  By Thursday there were rumors of negotiations actually taking place and the markets rejoiced.  Me?  Not so much.  Just as I was starting to compile my hitlist and get capital transferred over to my brokerage account, the markets went on a big run on Thursday and Friday to erase some of the value opportunities that were available.  I don't expect anything major to come through this weekend and I'm hoping that negotiations end in a stalemate.  Much like all the other government involved fiscal crises, I expect the status quo of 11th hour agreements to come again.  Hopefully Mr. Market will be in a sour mood to start the week.  What's on your hitlist should there be further weakness in the markets?


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