As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday, 1 October 2013

Stocks close lower as government shutdown looms

By: | CNBC.com Stock Market Writer
                

Stocks finished sharply lower Monday, as the budget impasse in Washington threatened the first government shutdown in nearly 17 years, but major indexes still capped a rocky month and quarter with robust gains
The Dow Jones Industrial Average slumped 128.57 points, to close at 15,129.67, dragged by P&G and United Tech. The blue-chip index has dropped for the seventh day in eighth.

The S&P 500 declined 10.20 points to finish at 1,681.55. And the Nasdaq fell 10.12 points to end at 3,771.48.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, jumped near 17.



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