Posted At : February 15, 2010 11:22 AM
Selectivity is now the key. The themes continue to be the aging baby boomer and modernization of efficiency through technological advances. Just being invested in “yesterday’s” stocks or believing you are diversified in a “bunch” of mutual funds could be catastrophic. We prefer to focus on high income and dividends. Dividends have accounted for nearly ½ of the Stock Market’s returns since 1926 and 100% of the returns for the last decade. Many MLP’s, preferred stocks and REITs’ are still very attractive with many yielding 8-10+%. The risks in the market are increasing and why take the chance of another huge decline in your portfolio. Investing properly going forward will make the difference of what kind of retirement you have and whether you can retire at all. We can help.
Regards – Keith Springer
President of Springer Financial Advisors in Sacramento CA