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Tuesday October 3, 2017

// October 3rd, 2017 // Comments Off on Tuesday October 3, 2017 // Daily News

Billionaire Warren Buffett says stock valuations make sense with interest rates where they are

CNBC.com
Billionaire Warren Buffett tells CNBC stock valuations make sense with interest rates where they are.
He also says Berkshire is holding off selling investments until he sees how the GOP tax reform efforts play out in Washington.

Billionaire Warren Buffett told CNBC on Tuesday stock market valuations make sense with interest rates where they are. Rates have been a “powerful factor” in equities values, he said.
The chairman and CEO of Berkshire Hathaway, who appeared on CNBC’s “Squawk Box,” said stocks are going to outperform bonds.
“I can’t remember any decision we ever made based on the Fed,” Buffett said, stressing he buys shares of companies he likes rather than playing the overall market.
But Buffett said Berkshire is holding off selling investments until he sees how the GOP tax reform efforts play out in Washington.
At a party for Forbes magazine’s centennial last month, Buffett said he sees the Dow at over 1 million a century from now.
The Dow closed on Monday at 22,557, the 43rd all-time high set this year. The S&P 500 and Nasdaq were also riding record closes heading into Tuesday’s session.
From the November election that saw Donald Trump elected president to Monday’s close, the Dow gained 22 percent, the S&P rose about 17.8 percent, and the Nasdaq surged 25 percent.
When Buffett was on CNBC in August, the Oracle of Omaha said he was disappointed that Trump beat Democrat Hillary Clinton but stressed he’s not in the “business of attacking any president” nor does he think he should be.

Today’s Inspiration

Therefore encourage (admonish, exhort) one another and edify (strengthen and build up) one another, just as you are doing.
— 1 Thessalonians 5:11

One day as I was going into an office building, a man standing nearby opened the door for me. I thanked him and smiled.

“You’re the fifth person I’ve held the door for,” he said, “and you’re the first one to smile and the second to thank me.”

I thanked him a second time, with a smile on my face. Afterward, I thought how much we take others for granted, even in simple things, such as opening a door for a stranger.

We often commend people when they do big things for us, but how often do we appreciate the little things?

When someone does something nice for you and you thank them, it builds them up and encourages them. It means a lot to them, just like it did to that man at the office building.

Did your bus arrive on time today? If so, did you thank the driver? The last time you ate at a restaurant, did you thank the waiter for filling your coffee cup a second time without being asked? This is the point I want to make: Develop an attitude of gratitude toward the people in your life.

Monday October 2, 2017

// October 2nd, 2017 // Comments Off on Monday October 2, 2017 // Daily News

At least 50 dead, 400+ sent to hospitals in Las Vegas; shooting becomes deadliest in US history
At least 50 people are dead, 406 sent to hospitals, after a gunman opened fire at a music festival in Las Vegas.
It apparently was the deadliest shooting massacre in US history.
Police say the gunman, Stephen Paddock, 64, of Mesquite, Nevada, is dead. He had no known connection to terrorism, according to NBC News.
The shooting took place at the Route 91 Harvest music concert near the Mandalay Bay hotel.
Investigators say they have located Marilou Danley, a woman who was traveling with Paddock, and hope to question her.
Some flights to McCarran International Airport were diverted and some were “temporarily halted”

I WILL bless the Lord at all times; His praise shall continually be in my mouth.
— Psalm 34:1

Practicing Thankfulness
– by Joyce Meyer

We all know that we should be grateful for our many blessings. God tells us in His Word to be thankful, and we know from our own experience that once we seriously start praising God, our burdens and troubles seem to weigh less heavily on our shoulders.
David said, “I will bless the Lord at all times; His praise shall continually be in my mouth. Many evils confront the [consistently] righteous, but the Lord delivers him out of them all” (Psalm 34:1,19 AMPC).
That’s the power of thankfulness. Not only does it help set us free, but as we pause to give thanks to God for the blessings we enjoy in our lives, we actually begin to find more blessings—even more to be thankful for!
I encourage you to take time to practice being thankful. There is so much for us to be grateful for, and we need to focus on it—every single day. Keep in mind the admonition of the psalmist, “Be thankful and say so to Him, bless and affectionately praise His name!” (Psalm 100:4).