Markets waffling between gains and losses this morning. We do believe that the markets will be higher by the end of the year. Stiff pullbacks (and yesterday was a steep decline) are normal in an advancing market. We have continued to caution investors to keep balance in their portfolios as well as reasonableness in their optimism. By this we mean, don’t look to recoup 2008’s losses in short order. The appropriate dose of risk (equity exposure) is important in this market
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Commentary for June 23, 2009
Tuesday, June 23rd, 2009
| « Commentary for June 15, 2009 | Maintaining Objectivity By Designing A Balanced Portfolio » |
| « Commentary for June 15, 2009 | Maintaining Objectivity By Designing A Balanced Portfolio » |
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Any specific stocks named in this presentation may not be representative of current or future investments in the portfolio to which they belong. You should not assume that investments in the securities identified were or will be profitable. We will furnish, upon your request, a list of all securities purchased, sold, or held in the portfolio during the twelve months preceding the date of this presentation.
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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