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The Dow has hit 18,000 for the first time in history! This is the second 1,000 point milestone for the index for the 2014 calendar year. A timely article shows the Dow's record 1,000 point highs over time to chart the significance of this new record. Dow Jones Industrial Average's 1,000-point mi...

In 2008 Lehman Brothers' had gone bankrupt, Merrill Lynch had to be bought out by Bank of America, and the nation's financial system was on the verge of collapse. In an attempt to strengthen the financial and auto sectors, President George W. Bush signed into law the Troubled Asset Relief Program, k...

Plus ?a change, plus c'est la m?me chose. With a conspiratorial whisper, my colleague called me into his office. He reached into his desk drawer and pulled this bad boy out. "Oooh wow!" I crowed while reaching a tentative hand out to caress the pages. This is the equivalent to a dirty magazine to...

Rochester, NY - December 15, 2014 Brighton Securities, a local and independently owned financial services firm, announced today the appointment of a new member of their Board, David G. Rusin. "We are honored to have added David to our Board of Directors," said Jai Ramachandran, Chief Executive Offic...

Last week Frontier Communications, one of the 20 largest employers in the Rochester area, announced a 5% increase to the annual cash dividend. The dividend increase signals changing times after the company has seen stagnant and even declining dividend payments since 2009. After watching customers le...

A recent Bloomberg article interviewing investment giant Jack Bogle, founder of Vanguard has been making the rounds in the investment community. The buzz is the result of comments made by Mr. Bogle stating that he does not, and has no interest in investing outside of the U.S. Mr. Bogle states "I...

Can you believe 2014 is just about over? The holidays are upon us and everyone is wrapped up in shopping and planning family events. The kids will be out of school soon and before we know it we will be counting down the New Year. With only a handful of trading days left to us, I thought I would t...

An article about retirement savings stated that millions of Americans do not have access to an employer 401(k). In fact, many folks simply have a checking and savings account for their money. The good news about that is: you are saving. However, you could be saving more efficiently. Invest your hard...

At the close of business Friday, the Dow Jones Industrial Average (DJIA) finished the day 42 points away from the 18,000 milestone. Investors responded favorably to Friday's jobs report by pushing the Dow to within 9 points of crossing the 18,000. Friday's closing value, 17,958, is 178% above where...

The biggest news of the capital markets in 2014 is likely to be energy. The price of oil has dropped from ~$106/barrel in late June to a low of ~$64 in December, a decline of approximately 40%. The carnage quickly spread throughout the energy value chain. Since energy is one of the largest and most...