Happy Fourth Of July

July 4, 2007 by Joe Ponzio

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!

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