The Week in Review from Valeo Financial Advisors (October 28, 2011)
October 28, 2011    Disclosures    POSTED IN  Personal FinanceInvestmentsEconomy

U.S. Economy

  • The U.S. Economy grew by 2.5% in the 3rd Quarter (Contributions: 1.72% consumer consumption, 0.52% private domestic investment, 0.22% net exports, 0.0% government spending) Bureau of Economic Analysis
  • Average price of a new home that sold in September was $243,900, down from August’s $253,800 Chart: FRED
  • How U.S. consumer spending has changed since 2007 Chart: The Economist
  • The personal savings rate in the U.S. has dropped to the lowest level since Dec. 2007. Chart: FRED


  • Study: 401(k) investors who received advice outperformed those who didn’t by nearly 3% per year Moneywatch
  • If October ended today, the monthly return on the Dow Jones Industrial Average would be 13th best since Oct. 1928 Valeo Financial Advisors

Financial Planning

  • Average in-state tuition and fees at four-year public colleges rose an additional 8.3% this fall Yahoo! Finance
  • Is Going to College Worth the Investment? Knowledge At Wharton


  • Bloomberg TV app lets anyone with an iPad watch 24-hour live broadcast 9to5 Mac
  • The popular personal finance management service comes to the iPad Apple


  • Summary of the European debt deal struck late this week Bloomberg
  • It’s All Connected: An Overview of the Euro Crisis The New York Times
  • What Does ‘Recapitalizing Banks’ Actually Mean? Economix


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