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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (9265)	6/15/2011 3:01:36 PM
From: Bocor	Read Replies (1) \| Respond to of 34328

Interesting collateral result of OI plunge: Shares of glassware maker Owens-Illinois (OI) shattered today, falling as much as 15% on tremendously heavy trading volume. Management just lowered expectations for the second quarter, from flat year over year to a 3%-6% drop in operating profits. Higher costs are overwhelming a rise of as much as 10% in global shipments, and it doesn't help that manufacturing has become more expensive in certain regions as well. Owens-Illinois provides bottles and jars for everybody from soft-drink giant PEP to liquor lord DEO, and even consumer-goods guru HNZ. OI's strong sales point to optimistic customers, while its profit hit indicates that the bottle maker is absorbing the costs of more expensive materials. While that's terrible news for Owens-Illinois shareholders, it's a positive indicator for Pepsi, Diageo, and other drink-dealers. fool.com

To: chowder who wrote (9265)	6/16/2011 9:58:24 AM
From: Bread Upon The Water	Respond to of 34328

Well, obviously he buys into your approach or he would have asked for the passwords by now, but at some point in time that is a bridge you two will be crossing. When my son had his first child I transferred a cash value life insurance policy into his name, but he was 35 at the time--and the amount was smaller. Each situation is different, but I dare say the country as a whole would be be in better financial shape if everyone had your approach to establishing a financial plan early in life for their children and teaching them about it.