Archive for February 13th, 2010

Where are your eggs?

February 13th, 2010 categories: Market Trends

Honored to have another guest post from our friends at Karp Financial Services:

What Will Be Good In 2010?

The first decade of the millennium has come to a close. Prices have begun a cautious climb out of the doldrums, unattractive interest rates have driven investors back into the fray, less government money is available, and unemployment and continuing difficulties in the retail sector are on the rise. The early signs are certainly confusing, due largely to the legacy of 2009 – a year that saw a number of high-profile oddities that cannot be relied upon as performance indicators.

So, what should you be doing now? The answer it seems is not to put all your eggs in one basket.

A balanced portfolio of good investments, coupled with a sound investment strategy, will probably prove a more rewarding option. And that means a return to basics for veteran and novice investors alike. Study the market, understand the mechanics driving the engine, and establish early on where you draw the line on basics such as safety, liquidity, growth, and income – and stick to them. To do otherwise could prove costly.

This year may prove to be a watershed period that will reveal whether or not economic recovery is real or another false start. The desire for long-term securities appears to be growing while the quick kill mentality continues to wane. But, whatever the future does hold, one thing is certain: A personal investment strategy that respects rather than blindly follows emerging trends may be the surest way to achieve a happier financial new year.

Both positive and negative surprises are in our future; changes that will help or hurt. Over time, the positive influences tend to outweigh the negative ones. It’s a good guess that the first decade of the new millennium will be remembered as an unusual detour in the longer-term upward march of the markets.

Feel free to contact us to answer any questions and help guide you into some things that might “be good on 2010”.

Jeffrey R. Karp, CLU, ChFC, CASL™
Jeffrey P. Kendall

Karp Financial Strategies
704-658-1929
www.karpfinancial.com
* Securities and Investment Advice offered through LPL Financial, member FINRA, SIPC
* Article was prepared by PEAK.

Authored by Donna Johnston | Discussion: Your Comments Please »