February 2014 Newsletter to Clients

Stock markets rise on expectations of rising economic activity which will result in higher corporate earnings which in turn boosts dividend payouts. Imagine your investment portfolio, consisting of stock market investments and income assets, producing sufficient income to sustain your lifestyle. That is the objective of saving and building a balanced portfolio. Two choices – You at work or your money at work.

Take this from a guy who doesn’t want to abandon his work. Nearing age 72, I love what I do and don’t plan to quit until I am physically or mentally unable to continue to serve your financial and investment needs. I can count a number of you who have been with Moneywatch for over 30 years. Wow!

Bill Leffler, Ramsey Bova and I experienced a fulfilling educational three days in Orlando last week at the TD Ameritrade Institutional conference. The three of us were among 3,000 participants, the largest gathering in the company’s history. Ramsey and I attended our first TD Ameritrade conference eleven years ago, in February 2003 in Orlando. Since then, we have visited San Diego and Las Vegas for our continuing education.

Hundreds of exhibitors were there, representing investment management companies, exchange traded funds, software systems for managing assets and our business, trading techniques, market timing systems, client management programs, etc. Probably most important were the various mutual fund management companies wanting our attention and support.

Mitt Romney was our first keynote speaker who did his best to bolster our confidence in the future. Keynote luncheon speaker, Craig Alexander, Senior Vice President and Chief Economist, TD Bank Group is positive about the U.S. economy. He predicts low short term interest rates for another year. Simon Sinek is a renowned leadership expert and author, who spoke about improving client communications and employee relations. A panel comprised of Fox News’ Bret Baier & Juan Williams, Mara Liasson, National Public Radio correspondent and George Will, Pulitzer Prize-Winning journalist and author outlined their thoughts on the national political scene. Sugar Ray Leonard, Olympic gold medalist and boxing legend, was our motivational speaker to close the final day of meetings.

CNBC HEADLINE, at this writing. IS IT TIME TO GET INTO STOCKS? Let me share a secret to growing wealthier. Invest your cash whenever it is available for deployment. Do not, repeat, do not try to time the market, any market. When your investment strategy calls for growth investing, maybe because like now the market is suffering a setback, invest regardless of your fears of lower prices. No one is capable of timing the stock market on a consistent basis.

Important Documents for 2013 Tax Preparation:

• Management Fees Paid (Moneywatch Advisors will mail on February 10)
• Realized Gains & Loss Report for taxable accounts (Moneywatch Advisors will mail on February 10)
• 1099’s (TD Ameritrade will begin issuing in late February)

Thank you for your continuing confidence.

Past performance is no guarantee of future results. The opinions expressed are those of Moneywatch Advisors, Inc. and are no guarantee of the future performance of any particular fund. This information is for educational purposes only and is not intended as investment advice. Please consult your financial advisor for more detailed information or for advice regarding your individual situation.