Places to hide?

Monday, March 29th, 2010

« Yesterday Dark Clouds? »

It seems the market has momentum and a mind of its own.
For that reason, we ran a segment entitled “nowhere to run, nowhere to hide” on WGY.
The stocks that we mentioned were Pepsi, (PEP 2.9%) Verizon (VZ 6.3%) and Conoco (COP 3.9%). A mix of these three stocks (telecom, beverage and energy) seemed to be a good start to an income producing stock portfolio.
We also mentioned the Permanent Portfolio (PRPFX) which is a no-load mutual fund with an investment objective of conservative allocation. A solid track record over the last decade though past performance is no guarantee of future results.
Finally, two bond funds MetWest (MWTRX) Total Return and Pimco Total Return (PTTDX) rounded out the investment ideas in this theme.
Consult your investment advisor before investing hard earned dollars.

« Yesterday Dark Clouds? »

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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