Commentary for September 15, 2008

Monday, September 15th, 2008

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Good Morning!

The stock markets are reeling in response to the bankruptcy filing by investment firm, Lehman Brothers along with the ailing American International Group. For all of our investors as well as readers of our website, we recognize that these are trying times but urge all to focus upon their objectives, recognize that their assets have been allocated according to meeting with each of our clients and, together, determining an appropriate asset allocation based upon those objectives, tolerance to risk, time horizon, financial obligation, other sources of income and family obligations. That said, should you have any questions or concerns, please don’t hesitate to call.

Dennis Fagan
Chris Fagan

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Please note that all data is for general information purposes only and not meant as specific recommendations. The opinions of the authors are not a recommendation to buy or sell the stock, bond market or any security contained therein. Securities contain risks and fluctuations in principal will occur. Research any investment thoroughly prior to committing money or consult with your financial advisor. Please note that Fagan Associates, Inc or related persons buy or sell for itself securities that it also recommends to clients. Consult with your financial advisor prior to making any changes to your portfolio.

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