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Deciphering the Dow: since 1896, the Dow has measured our ups and downs

Article Abstract:

The Dow Jones Industrial Average originated in 1896 when Charles Dow started it as a way to measure stock market performance. In the beginning, Dow chose 12 stocks that represented the stock market and then divided their cumulative prices by 12. Today the average is based upon a compilation of 30 stocks, with adjustments in the initial formula. This average is published by the Dow Jones and Company Inc in the Wall Street Journal and other papers.

Author: Moreau, Dan
Publisher: American Association of Retired Persons
Publication Name: Modern Maturity
Subject: Personal finance
ISSN: 0026-8046
Year: 1999
Economic aspects, Stock-exchange, Stock exchanges, Dow Jones Industrial Average (Index)

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Mastering your money: Steps to take in tricky times

Article Abstract:

Saving money in case of emergency or for an expense such as putting a child through college involves cutting corners and diligence. Some people can do this on their own, while others may need to hire a financial planner to help them. Various people discuss their savings strategies and personal savings goals.

Author: Moreau, Dan
Publisher: American Association of Retired Persons
Publication Name: Modern Maturity
Subject: Personal finance
ISSN: 0026-8046
Year: 1999
Management, Usage, Personal finance, Savings, Financial planners

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