Thursday, April 16, 2009

What Should Investors Do Now?

Coping with the volatility of the stock market is never easy, but it is easier with a solid foundation of knowledge. The past year and a half has confirmed this belief. Every long term investor (who is willing to admit it) has questioned a buy and hold strategy in some fashion during the past year and a half. Like anything in life, questioning your beliefs can make them stronger. We have been and will continue to be tested. Each time we question a buy and hold strategy, the unpredictability of markets re-confirms our beliefs. The market moves too fast and too unpredictably. We believe the most prudent investment approach remains a well-diversified portfolio, with the proper balance between risk and return. Time will take care of the rest. The following link does an excellent job answering the following questions - Is it different this time? Why didn't we see this coming and do something about it? Why don't we wait until the recession is over to invest? and What do I do know?

If you have the time, it would be worth your while to review the slide show and audio linked above. Feel free to pick and choose the slides/topics you find of interest. We hope you find it helpful.

Monday, April 6, 2009

Interest Rates

Pathways Advisory Group, Inc.
Michelle Carter, CFP®

One can usually find bright spots in an otherwise dim economy. For those wishing to borrow money, one of these bright spots is low interest rates. Although the credit market may be tighter than before, there are great deals available for those with steady income and good credit.

Now may be a good time to check the interest rates on your home or vehicles. Home mortgage rates have been hovering around 5%. The Educational Employees Credit Union is currently offering 3.75% on the purchase or refinance of a vehicle with a model year of 2006 or later (this offer ends April 13th).

Of course, refinancing is a big decision with many variables. Please call us to discuss your options.