In case you haven’t noticed, the NASDAQ closed above 4,000 for the first time in 13 years. It’s interesting to see how much the composition has changed since then.
Check out the graphics at this link for a closer look.
On Dec 31st, 1999 Apple accounted for just 0.31% of the index’s value. Now? It’s the top dog at 8.02%. And Microsoft, which used to be #1, sits in 2nd, having dropped from 11.37% to 5.15%. And Google, which IPO’d in 2004, is now in 3rd at 4.77%.
And now… Here are some articles that caught my eye this past week:
- Former Fed Chief Sees No Bubble in Stock Market — “It could come out that way, but I don’t see it at this stage.” Are you convinced? Do you even care?
- Three Types of Freedom — An interesting progression. Step #2 is (imho) entirely optional, though I suppose it comes with step #3 whether you want it or not.
- The Itemized Deduction Phaseout and Giving — For the most part, the so-called Pease limitation has little effect on the deductibility of charitable contributions.
- A Mortgage is Money Rented From a Bank — If you have a mortgage, you’re still technically renting. You’re renting money, that is.
- Correcting an Excess Roth IRA Contribution — A timely article for anyone that may have over-contributed to their Roth IRA in the past year.
- Why I Didn’t Buy a Franchise — Interesting insights from a would-be franchisee.
That’s it. I hope you’ve been having a great Thanksgiving weekend. And don’t forget about that 30% discount at Amazon through midnight on Sunday.