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2/6/12 - Does the capital gain tax hurt or help investors? 02/07/12
Does the capital gain tax hurt or help investors? > Tax rates influence investors behavior > Capital gain rates became permanent in 1913 and have been increased, eliminated, or decreased over the years; the current capital... More

1/30/12-Will Apple turn into the next Wal-Mart? 01/30/12
Will Apple turn into the next Wal-Mart? > Wal-Mart's business model was to offer the consumer the best price so they negotiated with the company directly and eliminated their suppliers middle man > Apple dominates the phone... More

01/23/12-do cruise stocks offer good investment potential at this time? 01/23/12
Do cruise stocks offer good investment potential at this time? > The stock prices of these stocks have been hit hard by the recent cruise tragedy. > The cruise industry is consolidating. > Carnival and Royal Caribbean... More

01/16/12-Can the penny give us clues about inflation in our economy? 01/16/12
**The penny is made up of 97.5 Zinc and 2.5 Copper **The cost of making a penny constantly fluctuations based on the cost of these commodities **In 2008, 1.26 cent to make a penny; in 2010 it cost 1.67 cents to make one... More

01/09/2012 - 2012 Predictions 01/09/12
**During the month of January you will hear predictions for all of 2012; however, there is no guarantee that how the year begins predicts that it will end the same way; 2011 was a very up and down year and 2012 will probably be the... More

12/19/11-Tax tips to maximize your tax refund and reduce the taxes owed. 12/19/11
Tax tips that will help you maximize your tax refund or reduce the taxes owed. > If you always receive a large refund, adjust your withholdings; nationally the average refund is $3000 > If you have received unexpected... More

12/12/11- Run The Numbers Before Selling For A Loss - You May Be Pleasantly Surprised 12/13/11
As we draw closer to the end of the year investors often look at their portfolios to determine whether or not they would benefit from tax-loss selling. Simply put, tax-loss selling is selling an investment for a loss to offset an... More

12/05/11-Internet Purchasing Growing 12/05/11
Internet purchases are rapidly growing. Does that mean that FedEx and UPS are good stocks to own? > Cyber Monday began in 2005 and has grown from approximately $600 million in sales to over $1 billion in 2010 > Internet sales... More

11/28/11-Holiday Spending 11/28/11
Retailers enjoyed a great Black Friday but will consumers continue to spend this holiday season? **Holiday shopping includes both Hanukkah and Christmas. **Consumers spending was up 6.6% from last year thanks to stores opening... More

11/21/2011-Challenging Holiday Season 11/21/11
How are retailers enticing consumers this challenging holiday season? > Retailers have added one more day to the pre-holiday shopping season by opening on Thanksgiving day > Now more than ever retailers are offering layaway... More

11/14/2011-401k The Best Retirement Option! 11/14/11
Is the 401k the best retirement option in the current job environment? > Factors to consider: o If you are a new employee do you think you have job security and/or is this a temporary position for you o Does... More

11/07/2011-Stock market is in a trading range? 11/07/11
What does it mean when you hear that the stock market is in a trading range? > A correction is when enough events converge so that the market goes to extreme bearishness. > A trading range usually occurs following a... More

10/31/11-Social Security Recipients will get COLA in 2012 10/31/11
> Social Security payments were not increased for 2010/2011 based upon the government's formula to determine inflation > The government formula is based upon the Consumer Price Index and when it exceeds a certain level, social... More

10/24/2011-Staying the Course 10/24/11
Staying the course is the best medicine for the investor > Between July and the end of September the DOW Jones was down over 16% > Since the end of September the DOW Jones is up almost 10% > Volatile market swings are... More

10/17/11 - New bank charges 10/17/11
New bank charges should not be a surprise to customers following the reduction in debit fees. **Banks are businesses that want to make a profit for their shareholders **The reduction in debit card fees have significantly... More

10/5/11-Cynthia Scott will appear on WCNY's Financial Fitness Thursday, October 6, 2011 10/05/11
On Thursday, October 6th at 8pm, Cynthia will return as the guest panelist on WCNY-TV�s Financial Fitness. The show will be broadcast live on Thursday, and re-broadcast on Friday and Sunday, 11am & 7pm each day, on WCNY2-TV. ... More

10/3/11-Any way to predict a correction in the Market? 10/03/11
Is there any way to predict a correction in the market? > Not entirely, but there is an indicator known as the VIX > The VIX is the Volatility Index and measures how bearish or bullish traders and investors feel about the... More

9/26/11 - Federal Reserve's decision 09/26/11
Why the market didn't like the Federal Reserve's decision to sell short term treasuries and buy long term ones. > The Federal Reserve will sell $400 billion in short terms bonds that mature in 3 years or less and buy $400... More

9/19/11 - Regional Banks 09/26/11
Investing in banks has seemed to be a losing strategy but regional banks offer investing opportunities > A definition of a regional bank is based upon it size, usually it is valued at $10 billion or less > Big banks such as... More

9/12/11-Caution is the word of the day for investors. 09/12/11
Governments' have shown an inability to manage debt European has ignored its debt problems which now is estimated at 3 trillion euro from the PIGS (Portugal, Italy, Ireland, Greece and Spain) The U.S. has not addressed its $14... More

8/22/11 - Dividend Paying Stocks. 08/22/11
From Greg Jennings of OMC Financial Services: In light of recent market and economic events, now may be the perfect time to take a look at dividend paying stocks. **Attractive yield compared to bank accounts, CDs and bonds ... More

08/17/11-Cynthia Scott will appear on WCNY's Financial Fitness Thursday, August 18, 2011 08/17/11
On Thursday, August 18th at 8pm, Cynthia will return as the guest host on WCNY-TV�s Financial Fitness, with Greg Jennings as one of her guests. She will lead the discussion on should investors reposition their portfolios in response... More

08/15/11 - Rule of 72. 08/15/11
Can the Rule of 72 help you plan your investment needs? **What is it? The Rule of 72 is a simplified way to determine how long it will take your investment to double. **The formula is take your initial investment and determine... More

8/03/11-Cynthia will return as the guest host on WCNY-TV's Financial Fitness 08/03/11
On Thursday, August 4th at 8pm, Cynthia will return as the guest host on WCNY-TV's Financial Fitness. She will lead the discussion on retirement plans and are they are track? The show will be broadcast live on Thursday, and... More

8/01/11-Debt Solution? 08/01/11
>Lift threat of default >Uncertainty about lower credit rating still exist. >Treasury bills have both credit risk and interest rate risk. >Economic growth is very slow and nothing has changed by raising the debt... More

7/27/11-Cynthia will return as the guest host on WCNY-TV's Financial Fitness 07/27/11
On Thursday, July 28 at 8pm, Cynthia will return as the guest host on WCNY-TV's Financial Fitness. She will lead the discussion on the stock and bond markets. Are they really as fragile as the media makes them out to be? The show... More

7/25/11-Why raising the debt limit may be negative for interest rates and the economy. 07/25/11
>The U.S. is already 93% in debt of its GDP (gross domestic products). >Foreigners already own a great deal of U.S. debt and may demand higher interest rates to be induced to our bonds. >Europe is heavily in debt and already... More

7/18/2011- Tips you should consider before purchasing a fixed annuity in an uncertain stock market. 07/19/11
>Fixed annuities become popular when there is uncertainty in the stock market. >Fixed annuities guarantee a specific interest rate for a specific time. >Fixed annuities may not keep up with future inflation. >Money invested... More

7/11/2011- Is the U.S. economy posed for a double dip after Friday's job report? 07/14/11
>The jobs report caught investors off guard because only 18,000 private sector jobs were added in June; since March 545,000 additional people were laid off >Many of the newly unemployed are from lay offs from the government sector... More

6/27/2011- Debit card tips to reduce or eliminate fees 06/28/11
Some tips to reduce or eliminate the 'swipe fee' you are charged when you make a purchase: > Use your debit card as a credit card; most debit cards can be used as a credit card as well. Check with your bank. > Credit cards... More

6/13/2011-Debit card 'swipe fees' 06/13/11
Will debit cards such as MasterCard and Visa continue to be profitable investments from the new legislation that limits 'swipe fees' to banks? > Congress has passed legislation to regulate interchange fees for debit cards and it... More

6/6/2011-Traget Date Funds 06/06/11
If you have a retirement plan such as a 401(k) chances are you've come across 'Target-Date funds'. Also known as 'Age-Based funds' or 'Lifecycle funds', these funds are often marketed as a 'one-stop shop'. Basically, these funds... More

5/31/2011-Are 401k Changes coming? 06/01/11
There is proposed legislation--the Seal 401k Savings Account - that would change the way loans are done from your retirement savings account, with a 'seal' on current leaks. > The proposal would allow an employee to continue... More

5/23/2011-Regulation of Loans from 401k Plans 05/24/11
New legislation is proposed to regulate loans from 401k plans > The proposed legislation is referred to as the Seal 401k Savings Accounts > There four major changes, two will be discussed today and two on May 31. *... More

5/9/2011-Technical Corrections 05/10/11
Investors need to understand the difference between technical corrections and fundamental corrections so they don't sell at the wrong time. * A technical correction usually occurs when the value of the security becomes extreme... More

5/2/2010-Decline in Value of US Dollar 05/03/11
Why the decline in the value of the US dollars is important to US and foreign investors: > A decrease in the US dollar affects: * US consumers who pay more for products that are imported from another country such as imported... More

4/25/2011-Tax Tips 04/25/11
Did you miss opportunities to save taxes on April 18? If you are still working: > Increase your 401k or 403b contribution; if you are not maximizing your contribution limit, increase the percentage gradually throughout the... More

4/18/2011-Will discount chain retailers continue to rack up profits because of high gas prices and unemployment? 04/18/11
Will discount chain retailers continue to rack up profits because of high gas prices and unemployment? > These chain stores offer products at extreme discounts and serve the bargain shopper > Family Dollar's profit grew by 23%... More

04/18/11
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4/11/2011-Investing In Oil 04/12/11
Investing in oil offers potentially big profits. Which is the best way for you to invest? > Purchase an individual stock * Investor can control which stock to purchase * Investor can determine when to sell * Investor... More

4/4/2011-Investing in business in China 04/04/11
Investing in companies that do business in China may not translate into profits. > Marketing strategies in China can be significantly different than in the U.S. > Cultural differences play a significant role in... More

3/28/2011-Reverse Stock Split 03/28/11
Is Citigroup's announcement of a reverse stock split a positive for investors? > In a reverse stock split an investor receives fewer shares but the price is adjusted for the split so there is no gain or loss. > Citigroup's... More

3/21/2011-Is it time to bank on banking stocks? 03/21/11
Almost 2 1/2 years have pasted since the financial crisis; bank balance sheets have had time to be repaired. Bank lending has been limited and banks have substantial amounts of reserve cash. Several banks have passed the... More

3/14/2011-Possible effects of Japan's disaster 03/14/11
Some possible effects Japan's disaster will have on their economy as well as world economies: > World governments are financially strained by the amount of debt they have and will be limited as to the amount of monetary aid they... More

3/07/2011- Investing in a Family of Funds 03/09/11
Is investing in a Family of Funds the best way to invest? > A Family of Funds is a group of mutual funds with a wide range of categories and investment options offered by one fund company. > This is one stop shopping since all... More

3/3/2011-Cynthia Scott to appear on WCNY's Financial Fitness 02/28/11
On Thursday, March 3, 2011 Cynthia Scott, President of OMC Financial Services, will return as a guest panelist on WCNY's Financial Fitness Show. The focus of discussion will be the outlook on the current market and prospects for... More

2/28/2010-Market Corrections 02/28/11
Are market corrections a signal you should change your portfolio allocation? Put the market into prospective by focusing on the positive: * In 2010, the Dow Jones Industrial was up 11%; the Nasdaq was up 18% and the S&P was up... More

2/21/2011-Floating Rate Loan Funds 02/21/11
As this stretch of low interest rates persists, investors continue to be faced with the dilemma of trying to find investments with more acceptable yields while trying to protect themselves in the event interest rates go up. This is... More

2/14/2011-Holidays and retailers 02/15/11
Valentine's Day is more than love and romance to retailers! > Holidays are big business for retailer, sales for this Valentine Day are expected to be up 11% from 2010-estimates are that $15.76B will be spent on gifts > High... More

1/31/2011-Crisis In Egypt 02/01/11
Should you avoid investing in emerging markets because of the crisis in Egypt? > Political and social risk is always a factor when investing in emerging markets > Currency risk, i.e. the loss of value of the foreign currency is... More