Smart Money with Keith Springer Saturdays at 1PM and Sundays at 6AM on NewsRadio KFBK 93.1 FM and 1530 AM

Smart Money with Keith Springer- Giant Squid Invades Washington

Giant Squid Invades Washington

Written by Keith Springer 10.11.13

squidClearly a giant squid is invading Washington, as anyone with even half a brain is nowhere to be found. Not only are the follies an embarrassment, but they are also wreaking havoc on every American’s retirement goals and dreams. Most of our investment dollars are either in retirement accounts or part of a plan for us to accumulate enough wealth to retire comfortably, and hopefully younger than we originally hoped; that financial freedom we all hope for. The games the politicians are playing are hurting every one of us, that is of course unless you are a U.S. Senator or Congressman whose pensions and health benefits are set in stone for all eternity, regardless of whatever havoc they wreak on the population.

It is truly hard to believe that either side would let a catastrophic default occur. Yet from their partisan banter, they just might be believing that they can blame the other side…and get away with it. It reminds me of when we convinced ourselves that we could actually win a nuclear war. This is ever more reason to not get complacent with your financial planning and make sure it is personally designed for your own individual needs and goals, every day of the week.

With Washington closed down, we will not get any economic data releases from the government, so all we will have is political rhetoric to decide the direction of the markets. What is even more scary is that Tea Party activists hate Obama so much that Armageddon is welcome if it meant the end of his term. This implies that the impasse will last longer than many think. And for me that absolutely stinks because I was planning on going to the Grand Canyon and Arches National Park for the first time when I visit Josh for parents weekend at the University of Arizona in Tucson next week.

We cannot easily change how our political leaders behave,  but we can choose how we react to their policies and safeguard our finances. The key is to be properly invested so we are getting the best returns with the least risk possible, just as the Springer investment approach is designed to do by managing risk and delivering returns in any market.

…… and that’s where we can help. To learn more about our powerful proprietary Investment Management Strategy and/or get a free second opinion on your portfolio, simply reply to this email, or give me a call for a no-cost no-obligation consultation today at (916) 925-8900.




Springer Financial Advisors ("Advisor") is a federally registered investment adviser located in Sacramento, California. Advisor and its representatives are in compliance with the current filing requirements imposed upon registered investment advisers by the Securities and Exchange Commission and the State of California. Advisor's web site and its emails of general distribution are limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Advisor's web site on the Internet or dissemination of informational emails should not be construed by any consumer and/or prospective client as Advisor's solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. A copy of Advisor's current written disclosure statement discussing Advisor's business operations, services, and fees is available from Advisor upon written request. You may also obtain publicly available information about Advisor through the SEC website as follows: Advisor does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Advisor's web site or incorporated in an email, and takes no responsibility therefore. All such information is believed to be reliable and authoritative but does not constitute sufficient information to be the sole basis for sound investment decisions and all users thereof should be guided accordingly. Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended or undertaken by Advisor) made reference to directly or indirectly by Advisor in its web site, email, or indirectly via a link to an unaffiliated third party web site, will be profitable or equal the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client's investment portfolio. Certain portions of Advisor's web site (i.e. articles, commentaries, etc.) may contain a discussion of, and/or provide access to, Advisor's (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Advisor, or from any other investment professional. The information is of a general nature and should not be applied indiscriminately to particular situations wherein it may not be completely applicable. Advisor is neither an attorney nor an accountant, and no portion of the content should be interpreted as legal, accounting or tax advice.