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Happy Fourth Of July

By Joe Ponzio on July 4, 2007

It's the 4th of July here in the U.S. I figured a post about holidays and how they affect your investments—or wonderful businesses—would be appropriate. After all, we invest because we want our retirement to be "Independence Day" every day—a celebration of financial independence.

So here goes: The fact that the market is closed on a Wednesday has absolutely no effect on the value of a business. No matter what the gamblers do tomorrow or Friday, your business is operating the same.

No go eat a hot dog and play in the pool. Happy 4th of July!

Written by Joe Ponzio on July 4, 2007

Joe Ponzio is the managing partner of the Ponzio Investors Funds and owner of Ponzio Capital Inc, a registered investment advisory and deep value portfolio management firm. The author of F Wall Street (the book and the website), his articles have appeared in hundreds of financial media, including Financial Planning Magazine, CNBC.com, Yahoo! Finance, and Reuters. He has appeared numerous times nationally on both radio and television, and has presented at universities and seminars across the United States.

Read more articles like this online at www.fwallstreet.com.
To learn more about Joe's portfolio management services, visit www.ponziocapital.com.
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I really like this blog post, it has some great info. Thank you and keep up good work.
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