Market in correction and remains below 50 dma, Russian sanctions, Exodus out of junk bonds, How to invest a small sum, Ebola pandemic or hype? & more on Propaganda

Episode 13 o  Market’s stay below 50 day moving average and IBD changes the market status to “market in correction” on 8/5/14. o  Fear of Russian sanctions/counter-sanctions on world economy Smoot Hawley Act ushered in the Depression o   Large exodus out of junk bonds Listener questions o   How to invest a small sum of money?  You don’t, you save it.  There’s a difference between “saving” and “investing”. o   Ebola- is it real or hype?  Doesn’t matter in terms of the stock market where perception is reality.  Trades are made in anticipation of future earnings…the threat of a pandemic could positively or negatively impact a stock’s short term price. Propaganda o   Yahoo Finance charges for headline placement o   Democratic congressman shames Obama for lying…while enabling him Subscribe to the Wealthsteading Podcast via iTunes:  https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058 Hosted by John Pugliano. For more information visit us at: www.wealthsteading.com or www.investablewealth.com Copyright © 2014 Investable Wealth, LLC. All rights reserved. This podcast is for informational purposes only and is not intended to be a solicitation, offering advice or recommendation of any security. This podcast does not intend to provide investment, tax or legal advice. The content is strictly the observations and opinions of Investable Wealth, LLC. The information in this podcast is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Investable Wealth, LLC is an investment advisory firm licensed in the State of Utah.