October is normally the month when stock market crashes occur. As a whole October is not that bad a performer. The S&P 500 has averaged a positive gain from 1950 to 2009. It was up 36 years and down 24 years. So from that standpoint it would appear to be a pretty good month to be invested in the market.
Was that kind of inspiration and spiritual uplift worth the cost? I believe so. At it’s apex, Apollo and the NASA budget were costing about 4% of the federal budget of the U.S. (today’s NASA budget is about 0.5%). As a nation we spend more on coffee and donuts each year than on exploring new places, including on our own world. Shouldn’t a great nation, a great species, be willing to spend a small fraction of its enormous What Is Motor Club Of America on inspirational, educational, and intangible things like space exploration? You could ask similar questions about art, or music, or theatre. Exploring new worlds lifts us up the same way.
At one time, we turned to the stock market for long-term average returns of 9%. But, over the last year, retirement investors have seen their accounts drop by 20%. You may be in a similar position. You may want to National Wealth Center look at other options. I’ll tell you more about your options, in a moment, but first…
Now, many of us are wondering if the best days of America have already been experience. We hope not. We pray not. As Christians, we believe that America has been blessed because America has been a God-fearing nation. Some now are not so sure we fit that noble description any more. Some fear the warning found in Psalms 9:17: “The wicked shall be turned into hell and all the nations that forget God.” Only God knows if we fit this description as a wicked nation. One thing is for certain: The present signs of national moral and spiritual decline, are not encouraging.
The mob returned to burning and general mayhem, including lobbing an occasional rock at the impotent guards. A bayonet charge by another military company finally dispersed the rioters and things quieted.
Ned was forced into hiding with his younger brother Dan, who was also implicated in the supposed shooting. While in hiding, Ned and Dan were joined by their two good friends, Joe Byrne and Steve Hart. The four stayed in hiding in the Australian bush and were rather successful at evading authorities for some time. During this time, Mrs. Kelly had been sentenced to three years in prison for her involvement in the Fitzpatrick incident. This lent fuel to the fire that was Ned’s hatred of the law.
NBAD UAE Islamic-Al Naeem was leading performer Shari’ah-Compliant fund in the quarter, increasing 20.80%. Managed by the National Bank of Abu Dhabi, this Emirati fund benefited from its biggest exposure to the Emirati Financial Markets.