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Stock Market

ALBANY, CA - MAY 15: Customers shop at a Target store May 15, 2006 in Albany, California. Target announced a 12 percent rise in profit in its quarterly earnings report, falling short of market expectations. Target stock closed at $50.02, down $2.19. (Photo by Justin Sullivan/Getty Images)
ALBANY, CA - MAY 15: Customers shop at a Target store May 15, 2006 in Albany, California. Target announced a 12 percent rise in profit in its quarterly earnings report, falling short of market expectations. Target stock closed at $50.02, down $2.19. (Photo by Justin Sullivan/Getty Images)
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Stop Living Paycheck to Paycheck

Money is nothing more than a tool. It can be used against you, or it can be used to better your life.

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Mike McCormick With Cascade Financial And His Weekly Money Talk [AUDIO]

Mike stops by again this week to deliver financial advice.

Did you know it only takes 20 stocks to create a diversified portfolio?  Then how come many of the most popular mutual funds hold more than 150? These days as high fees get more in focus, it pays to make sure that you are invested in something that can efficiently deliver the results you desire

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mike-mccormick
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Mike McCormick With Cascade Financial And His Weekly Money Talk [AUDIO]

Mike stops by again this week to deliver financial advice.

Would you play a coin toss game that pays you $1.10 if you win and you pay $1.00 if you lose?  Most people won't.  Over the long-term, this game will make you a 5% return, but we as humans have such a fear of losing our money, we don't give ourselves the chance

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mike-mccormick
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Mike McCormick With Cascade Financial And His Weekly Money Talk [AUDIO]

Mike stops by again this week to deliver financial advice. Listen below for Mike's take on setting yourself up for success in both the short and long term.

·         Buying low and selling high is still the best investment advice there is

·         But as human beings, we are ruled by loss aversion and social pressures

·         Managing our behavior is the most critical factor that determines success from failure

SAN FRANCISCO, CA - NOVEMBER 05:  Pedestrians walk by a CVS store on November 5, 2013 in San Francisco, California.  CVS Caremark reported a 25 percent surge in third-quarter earnings with profits of $1.25 billion, or $1.02 per share, compared to $1.01 billion, or 79 cents a share one year ago.  (Photo by Justin Sullivan/Getty Images)
SAN FRANCISCO, CA - NOVEMBER 05: Pedestrians walk by a CVS store on November 5, 2013 in San Francisco, California. CVS Caremark reported a 25 percent surge in third-quarter earnings with profits of $1.25 billion, or $1.02 per share, compared to $1.01 billion, or 79 cents a share one year ago. (Photo by Justin Sullivan/Getty Images)
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Smoking May Be Hazardous To Your Health

Is it time for major retailers to call it quits when it comes to cigarette sales? Will that create a flourishing black market? What's your opinion?

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Markets Soar On Budget Deal OnFirst Trading Day Of 2013
Photo by Spencer Platt/Getty Images
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Some Year End Thoughts

As we look at the end of 2013 most people born this year will live to see the year 2100. Imagine what they will see.

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Investors rush to withdraw their savings during a stock market crash, circa 1929. (Photo by Hulton Archive/Getty Images)
Investors rush to withdraw their savings during a stock market crash, circa 1929. (Photo by Hulton Archive/Getty Images)
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The 1929 Stock Market Crash

The stock market had been on a nine year run increasing profits tenfold. The market peaked at 381.17 on September 3, 1929 just 26 days before the crash.

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Tom Egelhoff, Host of Open For Business - Saturdays 11AM to 2PM on AM 1450 KMMS and AM  1340 KPRK.
Tom Egelhoff, Host of Open For Business - Saturdays 11AM to 2PM on AM 1450 KMMS and AM 1340 KPRK.
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Mike McCormick & Tom Egelhoff talk Debt Ceiling and Government Shutdown on Open for Business

In case you might have missed the show, Mike McCormick joined Tom Egelhoff last Saturday on "Open for Business" for a discussion on the debt ceiling, government shutdown, how the markets will react and what that means to your bank account.

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New Study Finds That U.S. Obesity Rates Continue To Climb
Photo by Joe Raedle/Getty Images
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Are You Your Own Worst Enemy?

I was the poster child for starting projects but never getting them done. Look up procrastination in the dictionary and you’d find my picture.

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This photograph taken January 22, 2001 in Austin, TX shows Procter and Gamble and Coca Cola products. Procter and Gamble is joining forces with The Coca-Cola Co. to form a new, as yet unnamed company which will develop and market new snacks and juice beverages worldwide. Existing P&G and Coke products - including P&G's Pringles and Sunny Delight brands and Coke's Minute Maid, Hi C and Fruitopia brands - will be marketed through the new venture. Coke and P&G will each own 50 percent of the new company. Veteran Coke executive Don Short has been named CEO of the new company, and a management team will be named soon. (Photo by Joe Raedle/Newsmakers)
This photograph taken January 22, 2001 in Austin, TX shows Procter and Gamble and Coca Cola products. Procter and Gamble is joining forces with The Coca-Cola Co. to form a new, as yet unnamed company which will develop and market new snacks and juice beverages worldwide. Existing P&G and Coke products - including P&G's Pringles and Sunny Delight brands and Coke's Minute Maid, Hi C and Fruitopia brands - will be marketed through the new venture. Coke and P&G will each own 50 percent of the new company. Veteran Coke executive Don Short has been named CEO of the new company, and a management team will be named soon. (Photo by Joe Raedle/Newsmakers)
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Why The Stock Market Is Important To You

Try to project how much money you will need to retire at a specific age and create a plan to make that happen. Living well in the present isn’t worth living poorly in the future.

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