Thoughts at the End of the Day
By: Dr. Charles Lieberman
Date: 9/16/2008
Market shocks, like Lehman's bankruptcy, often disrupt people from their long-term investment plans. There has been some heavy selling today, as some investors just want out in order to preserve capital. This kind of indiscriminant selling makes very little sense from a long-term investment perspective. It can only make sense if the market declines sharply from current levels and these investors are lucky enough to time their purchases so they buy back in before the market starts to recover. Good companies will survive this period of turmoil and will do well under reduced competitive positions.
We always review our holdings in light of new market developments. We believe we hold good positions and expect these companies to thrive over time. Market news and reaction remains very fluid and we will make adjustments if and when we think they are appropriate.
Download this article in PDF Format
|
|
 |
 |
About Advisors Capital Management, LLC
Advisors Capital Management, LLC (ACM) is a provider of managed portfolios and financial services for industry professionals and their clients. As investment strategist, Dr. Lieberman oversees the company's "Portfolio Partners" investment program. Additionally, he provides guidance to the ACM Wealth Coordinators who integrate the work of financial advisors, financial planning, tax, estate and portfolio management professionals to build, protect, and maintain clients' wealth. Although the information included in this report has been obtained from sources Advisors Capital Management, LLC believes to be reliable; we do not guarantee its accuracy. All opinions and estimates included in this report constitute the judgment as of the dates indicated and are subject to change without notice. This report is for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.
|
 ©2005 Advisors Capital Management, LLC
www.advisorscenter.com |
